Latest News Updates From Connor D. Wolf

Connor D. Wolf

Connor D. Wolf

Staff Reporter

Connor Wolf is a business reporter at Transport Topics.


Business

Trucking Q4 Earnings Show Continued Sluggish Market

Fourth-quarter financial results from within the trucking industry showed carriers continue to navigate a sluggish market with little signs of a turnaround, according to analysts.

February 29, 2024
Business, Equipment, Logistics

Spot Market Remains Suppressed Amid Stubborn Capacity

The trucking spot market has remained in a down cycle for more than a year as the number of trucks and drivers diminished — albeit at a slower rate than the decline in overall freight demand.

February 29, 2024
Business, Logistics, For-Hire

Forward Air Reports 138% Earnings Drop for Q4

Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.

February 29, 2024
Business, Equipment

Used Truck Sales in January Rise 17% From Prior Year

Used Class 8 truck sales in January increased 17.3% compared with the same period the prior year, ACT Research reported.

February 29, 2024
Business, Technology, Equipment, Autonomous

TMC Sessions to Highlight Vehicle Spec’ing

American Trucking Associations’ Technology & Maintenance Council is set to explore the importance of proper spec’ing during its annual conference starting March 4.

February 28, 2024
Business, Technology

Flexport Resurrects Convoy Services With New Tech Platform

Flexport launched a new technology platform that offers global shippers access to a trucking capacity marketplace of small carriers and owner-operators, the company announced Feb. 22.

February 23, 2024
Business, Logistics

J.B. Hunt Forges Intermodal Agreement With Walmart

J.B. Hunt Transport Services announced Feb. 22 that subsidiary J.B. Hunt Transport has entered into a multiyear intermodal service agreement with Walmart Inc.

February 22, 2024
Business, Equipment

Trailer Orders Fall Amid Weak Order Season

U.S. trailer orders in January declined sequentially and from the prior year, according to ACT Research. The sequential fall-off was the first since November.

February 22, 2024
Business, Safety, Logistics

Analysts: US Transport Better Prepared for Red Sea Disruptions

The U.S. transportation sector is in a better position to handle disruptions from the Red Sea with efforts to improve capacity amid a slowdown in freight, according to experts.

February 20, 2024
Business, Logistics

Universal Logistics Beats Q4 Expectations

Universal Logistics Holdings beat fourth-quarter expectations despite experiencing a year-over-year decline in revenue and earnings, the company detailed Feb. 15.

February 16, 2024