Walmart truckers Leslie Scott and Michelle Salikie, aka "Thelma and Louise," haul goods from Washington to Alaska every week. Bloomberg's @sunny_newsiee explains why Walmart store associates are training to become long haul truckers https://t.co/KTtUBGevs0 https://t.co/eHq0owtG3J ...

Trucking Industry Demographics - Fewer than 10% of commercial drivers are women in the country [1] Walmart Operations - Walmart's most dangerous route is driven by a female trucking duo, described as "The Thelma and Louise of trucking" [1]

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) said peak season unfolded largely as expected, neither strong nor weak, but warned that freight conditions remain especially challenging, with persistent pressure in its brokerage business.Against that backdrop, Bank of America Securities analyst Ken Hoexter raised his price forecast for J.B. Hunt Transport Services to $216 from $208, while keeping a Buy rating.Hoexter wrote that while the company’s peak-season commentary suggested stability in volumes, the b ...

Saia, Inc. (NASDAQ:SAIA) stock fell on Wednesday as investors weighed mixed fourth-quarter freight trends against confidence in the company's long-term national expansion strategy.Earlier this month, Saia provided fourth-quarter LTL operating data, where it said October LTL shipments and tonnage per workday fell year over year, while weight per shipment inched higher.In November, shipments and tonnage per workday rose, but weight per shipment slipped versus last year.Also Read: General Mills Cautions About ...

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief: XPO and GXO Logistics’ Brad Jacobs is stepping down at the end of this year from his positions as executive and non-executive chairman, respectively, according to a Monday news release. He’ll remain as a special advisor for XPO through June 30, 2026 as CEO Mario Harik takes over the position. GXO Logistics board member Patrick Byrne will similarly ...

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is one of the stocks Jim Cramer highlighted in light of the Fed rate cut. Cramer mentioned the stock while recommending transport stocks, as he said: “Hey, you know what? You can buy the transports. They thrive when rates go down. I think J.B. Hunt can be bought for the truckers. I never recommend them, but I think the long trucking recession’s over.” Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels J.B. Hunt Trans ...

Core Insights - J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is highlighted as a stock that may benefit from recent Fed rate cuts, with expectations of a positive trend in transport stocks following such monetary policy changes [1] - The company provides a range of freight, delivery, and logistics solutions, operating extensive fleets of tractors and trailers, positioning it well in the transport sector [1] - The commentary suggests that the long trucking recession may be over, indicating a potential recovery for J.B. Hunt and similar companies in the transport industry [1] Company Summary - J.B. Hunt is recognized for its freight and logistics services across multiple transportation modes, which is crucial for adapting to changing economic conditions [1] - The stock is recommended for purchase as it is expected to thrive in a lower rate environment, reflecting a broader positive sentiment towards transport stocks [1] Industry Context - Transport stocks, including J.B. Hunt, typically experience upward momentum for at least five days following a Fed rate cut, indicating a historical trend that may repeat [1] - The commentary on the trucking sector suggests a shift in market dynamics, potentially leading to improved performance for companies like J.B. Hunt [1]

Core Insights - Old Dominion Freight Line, Inc. (ODFL) is currently viewed as unattractive from a valuation perspective, with a forward 12-month price-to-sales ratio (P/S-F12M) of 5.62X compared to the industry average of 2.05X [1] Financial Performance - ODFL has a Value Score of D, indicating potential concerns regarding its investment attractiveness [3] - The company's operating ratio has deteriorated from 72% in 2023 to 73.4% in 2024, despite efforts to cut costs [4] - ODFL's stock has declined by 8.6% year-to-date, which is worse than the transportation-truck industry's decline of 4.9% [6] Industry Challenges - The trucking industry is facing a persistent driver shortage, complicating recruitment as older drivers retire [5] - Macroeconomic factors are contributing to a challenging freight environment, with reduced demand leading to low shipment volumes and rates [4] Shareholder Initiatives - ODFL maintains a solid balance sheet, ending Q3 2025 with cash and equivalents of $46.59 million against a current debt level of $20 million [12] - The company has been active in rewarding shareholders, paying dividends of $175.1 million and repurchasing shares worth $453.6 million in 2023, with further increases in 2024 and 2025 [16][17] Pricing Strategy - ODFL's disciplined pricing approach has allowed it to retain customers, with LTL revenue per hundredweight improving by 2.4% in 2024 and 3.4% year-over-year in the first nine months of 2025 [11] Investment Outlook - Despite current challenges, it is advised that investors hold onto ODFL stock due to its strong balance sheet and shareholder-friendly initiatives [19] - The recommendation is to wait for a better entry point for new investors, while existing shareholders are encouraged to stay invested [20]

Driver Capacity & Regulations - The Department of Transportation (DOT) has taken 9,500 truck drivers, representing approximately 1% of US truckers, off the road due to failing English proficiency tests [1] - The DOT is investigating truck driving schools, having removed 3,000 schools from its training registry and put another 4,500 on notice for non-compliance [2] Market Impact & Rates - Bank of America suggests that reducing driver capacity by 1% to 2% could significantly impact rates [2] - The American Trucking Association believes capacity tightening with demand will be extraordinary for the industry [3] - Trucking rates show a 5% year-over-year increase, potentially signaling a recovery from a three-year freight recession [4] Industry Outlook - Industry anticipates that the Secretary's focus on cleaning up the industry will be a significant driver, making roads safer and the industry more competitive and profitable [3]

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief: Truckload volumes are expected to remain muted in Q4, but a meaningful shift could occur in 2026, according to freight broker RXO's Nov. 20 Curve report. The Curve was part of Coyote Logistics until RXO acquired the business last year. While October and November outperformed on a year-over-year basis, spot rates will most likely remain stuck, witho ...