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- First Look: Universal Logistics Holdingsby Noi Mahoney on April 24, 2025 at 9:29 pm
Universal Logistics Holdings reported a 22% decrease in revenue and an 88% drop in earnings per share in the first quarter. The post First Look: Universal Logistics Holdings appeared first on FreightWaves.
- TFI’s Bedard upbeat on revamped US LTL operations even as numbers sinkby John Kingston on April 24, 2025 at 8:45 pm
Despite numbers that continue to sink, TFI CEO Alain Bedard was mostly positive about the outlook for TForce. The post TFI’s Bedard upbeat on revamped US LTL operations even as numbers sink appeared first on FreightWaves.
- Covenant Logistics predicts ‘delay’ in improved freight marketby Noi Mahoney on April 24, 2025 at 7:33 pm
Covenant Logistics Group said economic uncertainties may push back freight market improvements. The post Covenant Logistics predicts ‘delay’ in improved freight market appeared first on FreightWaves.
- Prologis Mobility bridges infrastructure readiness gap in EV chargingby Todd Maiden on April 24, 2025 at 3:44 pm
Prologis said Thursday that a new electric vehicle charging platform will let users circumvent utility connectivity issues in markets where infrastructure is lagging. The post Prologis Mobility bridges infrastructure readiness gap in EV charging appeared first on FreightWaves.
- Brad Jacobs’ QXO gets initial debt ratings as first big acquisition nears closeby John Kingston on April 24, 2025 at 3:25 pm
Brad Jacobs’ QXO has a non-investment-grade debt rating in its first review by the two biggest ratings agencies. The post Brad Jacobs’ QXO gets initial debt ratings as first big acquisition nears close appeared first on FreightWaves.
- TL carrier Pamt books another loss in Q1by Todd Maiden on April 24, 2025 at 2:12 pm
Pamt Corp. reported a sixth straight operating loss in its truckload business during the first quarter. The post TL carrier Pamt books another loss in Q1 appeared first on FreightWaves.
- UPS inks $1.6 billion deal for Canadian health care logistics providerby Eric Kulisch on April 24, 2025 at 1:23 pm
UPS is expanding its precision logistics capabilities in the pharmaceutical and life sciences sectors with an agreement to purchase Andlauer Healthcare Group in Canada. The post UPS inks $1.6 billion deal for Canadian health care logistics provider appeared first on FreightWaves.
- Knight-Swift grappling with tariff-spooked customers in bid seasonby Todd Maiden on April 24, 2025 at 12:35 am
Knight-Swift Transportation said some customers are delaying decision making and others are drawing down inventories as the market awaits some resolution on U.S. trade policy. The post Knight-Swift grappling with tariff-spooked customers in bid season appeared first on FreightWaves.
- Disappointing Q1 for TFI International as U.S. LTL drags down resultsby John Kingston on April 23, 2025 at 10:06 pm
TFI’s earnings release late Wednesday didn’t have much good news for its U.S. LTL operations. The post Disappointing Q1 for TFI International as U.S. LTL drags down results appeared first on FreightWaves.
- First look: Covenant Logistics Group Q1 earningsby Noi Mahoney on April 23, 2025 at 9:58 pm
Covenant Logistics Group’s first-quarter revenue declined 3% year over year to $269.4 million. The post First look: Covenant Logistics Group Q1 earnings appeared first on FreightWaves.
- Knight-Swift blames trade uncertainty for reduced Q2 outlook, no Q3 guideby Todd Maiden on April 23, 2025 at 9:28 pm
Knight-Swift Transportation lowered its second-quarter outlook and didn’t provide third-quarter guidance due to a “fluid trade policy,” which is weighing on customer decision making. The post Knight-Swift blames trade uncertainty for reduced Q2 outlook, no Q3 guide appeared first on FreightWaves.
- Feds launch probe of truck imports’ effect on truck prices, national securityby John Gallagher on April 23, 2025 at 9:27 pm
The Trump administration is looking into the effect of what it deems predatory trade practices on the competitiveness of the U.S. truck industry. The post Feds launch probe of truck imports’ effect on truck prices, national security appeared first on FreightWaves.