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Generative AI Driving Freight Brokerage Transformation

Efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations.

September 18, 2024

Truck Driver Pay Drops 7.4% in Q2 as Freight Keeps Slumping, Reports Say

The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.

August 29, 2024

Mike Gannon Appointed to Lead CRST

CRST has appointed Mike Gannon as its newest president and CEO, the company announced Aug. 23.

August 23, 2024

Forward Air Posts Q2 Loss, but Revenue Soars on Acquisition

Despite the reported net loss, investors appeared to be responding positively. It was primarily due to a one-time goodwill impairment charge related to the Omni acquisition.

August 8, 2024

Hub Group Misses Analyst Expectations on Weak Q2 Market

Hub Group profit in the second quarter of 2024 fell due to the ongoing weakness in the North American freight market, but a final-mile acquisition in December 2023 offered a bright spot.

August 2, 2024

Schneider Q2 Profit Slumps as Intermodal, Logistics Revenue Falls

Schneider National profit in the second quarter of 2024 slumped 54% as price increases failed to arrive as early as the carrier expected and ongoing freight market weakness saw intermodal and logistics revenue decline.

August 2, 2024

Landstar Q2 Profits Dip Amid Dry Van Market Softness

Profit and revenue at Landstar System Inc. fell in the second quarter of 2024, largely on the back of truckload market weakness.

August 1, 2024

Werner Spots Signs of Hope Despite Disappointing Q2

Profit dropped at Werner Enterprises Inc. in the second quarter of 2024 as revenue slid more than analysts expected on the back of continued freight weakness, although executives are seeing more room for optimism from the last few weeks.

July 31, 2024

TFI Eyes Large Truckload, LTL Acquisitions in 2025, 2026

TFI International’s ongoing acquisition spree is set to accelerate in 2025, with substantial truckload and less-than-truckload deals on the horizon, according to CEO Alain Bédard.

July 30, 2024