J.B. Hunt reports higher Q1 earnings, sees a ‘path of recovery’

J.B. Hunt Transport Services reported higher first-quarter earnings, and company executives said they were seeing early signs of a recovery.  Quarterly earnings were $141.6 million, or $1.49 per share, which…

ECONOMIC TRUCKING TRENDS: March spot market rates hit two-year high as shippers brace for toughest conditions on record

Spot market rates posted their strongest March in two years, but can they keep pace with rapidly increasing diesel prices? So far, they have been, according to the latest data.

Fuel spike pushes freight rates to multi-year highs: TD Cowen/AFS index

Soaring fuel prices and tightening capacity are driving freight rates to new highs across truckload, LTL and parcel, according to the latest TD Cowen/AFS Freight Index. The Q2 2026 outlook…

Vipal expands US production, doubles down on independent retreaders

Vipal Rubber is expanding its U.S. production footprint and sharpening its focus on independent retreaders as part of a broader North American growth strategy, the company announced this week. The…

Record diesel price surge eases in US

The U.S. retail diesel average dipped 3.5 cents to $5.608 a gallon from the previous…

Liberals plan to suspend federal fuel excise taxes until Labour Day

The Liberal government will suspend the excise fuel tax on gasoline and diesel until Labour Day as the Iran war sends energy costs surging, Prime Minister Mark Carney announced on…

TA Dedicated acquires Triangle Warehouse, expands Midwest footprint

TA Dedicated has acquired Minneapolis-based Triangle Warehouse, expanding its warehousing and distribution capabilities in the Upper Midwest. Triangle Warehouse, founded in 1958, serves regional manufacturers, food producers and distributors. The…

GFL to acquire Secure Waste in $6.4B deal, expanding Western Canadian footprint

GFL Environmental has struck a deal to acquire Secure Waste Infrastructure Corp. in a transaction valued at about $6.4 billion, significantly expanding its footprint across Western Canada’s waste and energy…

B.C.-based Reliance Logistics runs out of cash, collapses into bankruptcy

Reliance Logistics’ restructuring effort fell apart in its final weeks as cash flow dried up, a key customer disappeared, and lenders began pulling back equipment. Court filings show the B.C.-based…

STG acquires Carrier Logistics, promises AI push for LTL operations

Private equity firm STG has acquired Carrier Logistics Inc. (CLI), a long-established provider of transportation management software for less-than-truckload carriers, with plans to accelerate development of AI-driven tools for terminal-based…

High diesel prices could hit consumers harder than gas costs — for months

High diesel prices continue to ripple through the economy and put pressure on consumers — with no end in close sight — even as a shaky ceasefire in the Middle…

ECONOMIC TRUCKING TRENDS: Trucking conditions best in four years, while spot market rates continue to rip

FTR’s Trucking Conditions Index reached its strongest reading in four years, but it may not last, the industry forecaster warns, as higher diesel prices are not yet fully factored in.

FTR opens registration for 2026 transportation conference

Freight Transportation Research (FTR) has opened early bird registration for its 2026 Transportation Conference, as fleets and shippers look for clearer signals in an increasingly volatile freight market. The conference,…

Kriska acquires Sharp Transportation, expands specialized freight capabilities

Kriska Transportation Group has acquired Cambridge, Ont.-based Sharp Transportation Systems Inc., adding temperature-controlled expertise and new customer relationships to its network. Sharp specializes in hauling temperature-sensitive freight, including medical supplies…

AXN opens larger Louisville plant, targets 100,000 axles a year

Semi-trailer axle manufacturer AXN Automotive Systems has opened a new manufacturing facility in Louisville, Ky., expanding its U.S. footprint with added production capacity, new product lines, and plans to create…