Why Driver Bench Strength Matters In football, coaches don’t wait until the quarterback gets hurt before they look for a backup. They keep one warming the bench, learning the system, ready to go. Small fleets need to think the same way. Because here’s the truth: drivers leave. They get burned out, find a better deal, move closer to home, or just disappear mid-load. If you don’t have a pipeline ready, you’re scrambling for job boards while your truck collects dust in the yard. And every day that truck sits ...

Why Trailer Integrity Gets Overlooked Ask many small carriers about maintenance and they’ll rattle off oil changes, tires, and brakes. But ask them about their last trailer roof or floor inspection? Not as much feedback on that. Here’s the reality: trailers don’t have warning lights. A truck will scream at you with fault codes, oil pressure gauges, and warning buzzers. A trailer stays quiet. It’ll keep rolling until the damage shows up on a bill of lading or inside a claims letter. By then, it’s too late. ...

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief: J.B. Hunt Transport Services will close its facility at the Home Depot Distribution Center in Lithonia, Georgia, on Oct. 27, according to a Worker Adjustment and Retraining Notification Act letter. The company cited “changing business conditions” as the reason for the permanent closure at the site. An email requesting additional comment was not imm ...

Einride raised about $100 million in funds in a round that values the Swedish driverless truck startup at more than $1 billion, source says https://t.co/7bowQenJim ...

Old Dominion Freight Line to Webcast Third Quarter 2025 Conference Call Share THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today that it plans to release its third quarter 2025 financial results before opening of trading on Wednesday, October 29, 2025. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on Wednesday, October 29, 2025. An online, real-time webcast of Old Dominion's quarterly con ...

Core Insights - Old Dominion Freight Line (ODFL) is experiencing revenue weakness due to geopolitical uncertainty and high inflation impacting consumer sentiment and growth expectations [1][4] - The operating ratio remains above 70, deteriorating from 72% in 2023 to 73.4% in 2024, despite cost-cutting initiatives [3][9] - Low fuel surcharge revenues are negatively affecting ODFL's yields [1][4] Economic Environment - Macroeconomic concerns are creating a challenging freight environment, with high interest rates limiting growth prospects [2] - Consumer spending and business investments are low, contributing to a freight recession [2] Demand and Performance - Reduced demand for freight services has led to low shipment volumes and rates, impacting revenues [3] - The trucking industry is facing a driver shortage, complicating the situation further [5] Pricing Strategy - ODFL's disciplined pricing approach has allowed it to retain customers, with LTL revenue per hundredweight improving by 2.4% in 2024 despite weak demand [6] Financial Health - ODFL has a solid balance sheet, ending 2024 with cash and equivalents of $109 million against a debt level of $20 million [7] - The company has been able to reward shareholders with dividends of $267.6 million and share repurchases of $967.3 million in 2024 [7][9] Industry Comparisons - Other transportation companies like J.B. Hunt and Norfolk Southern are also facing revenue challenges, with J.B. Hunt's revenues flat year over year and Norfolk Southern's revenues missing estimates [8][9]

Group 1 - Marten Transport, Ltd. has completed the sale of its intermodal business assets to Hub Group, Inc. for $51.8 million in cash, effective September 30, 2025 [1] - The transaction includes the sale of over 1,200 refrigerated containers and related contracts [1] - Marten Transport is a leading temperature-sensitive truckload carrier in the U.S., focusing on transporting food, beverages, and consumer packaged goods that require temperature control [2] Group 2 - The company operates in the U.S., Mexico, and Canada, emphasizing expedited services for high-volume customers [2] - Marten Transport's common stock is traded on the Nasdaq Global Select Market under the symbol MRTN [2]

There’s a dirty secret in trucking: Not all truckloads are full. Some are only partially filled. Oway, a Y Combinator- and General Catalyst-backed Silicon Valley startup, is looking to change that. The startup, which recently raised a $4 million seed round, is creating an AI-powered platform that connects partial shipments with available capacity on full truckload carriers. The logistics industry has long struggled with inefficiencies in the LTL market, where carriers are hesitant to accept partial loads ...

How does it work? A plaintiff who might reasonably settle for $500,000 to cover medical bills and lost wages suddenly has access to millions in litigation funding. The funders pay all legal costs upfront in exchange for a percentage of any award, but there’s a catch: they need massive returns to justify the risk, which means settlements that would make someone whole are no longer acceptable. The plaintiff must be made rich, not just restored.Third-party litigation funding has fundamentally corrupted the set ...

Group 1 - The core focus of the article is on XPO's strategic investments and acquisitions in the LTL (Less Than Truckload) market, particularly following the bankruptcy of Yellow Corp, positioning itself for future growth [3][4]. - XPO has significantly outspent its competitors in the Yellow Corp. bankruptcy auction in 2023 to acquire terminals, which has allowed the company to expand its network and operations [3][4]. - As of June 30, XPO's network included 300 service centers, indicating a robust infrastructure to support its growth strategy [4]. Group 2 - XPO recently acquired a site in Jacksonville, Florida, for $5.8 million, transitioning from leasing to ownership, which reflects its long-term commitment to the market [7]. - Other carriers in the LTL sector, such as Estes Express Lines and Knight-Swift Transportation Holdings, are also expanding their operations, indicating a competitive landscape in the industry [4]. - The company is actively seeking strategic opportunities to enhance its real estate portfolio, which is crucial for its operational leverage and market positioning [5].