July 21, 2026 2:35 pm, EDT “It’s going to be extremely busy,” says Tenney. (Adamkaz/Getty Images) key takeaways: Trucking M&A activity improved in the first half of 2026 as freight market conditions recovered and sellers who had delayed exits returned to the market. Capacity cuts, rising freight rates and strong investor confidence supported dealmaking, although
CN Rail crews literally found themselves on the hot seat. at least this week 134 forest fire Fires are burning across northwestern Ontario. According to reports, when the train first stopped on the tracks it found itself surrounded by one of the cbc newsCapturing a dramatic video of the
This acquisition expands PLS’s domestic freight services as well as international forwarding capabilities. (PLS Logistics via YouTube) June 30, 2026 at 3:00 pm, EDT key takeaways: PLS Logistics Services acquired AGL Group, a Weymouth, Mass.-based international freight forwarder, the company announced June 25. PLS said the deal expands its domestic freight services as well as
Highlight Motor Group is one of the large motor carriers that is expecting the improvement trend in the medium freight market to continue in 2026. (Highlight Motor Group) June 27, 2026 at 7:00 am EDT key takeaways: Major for-hire carriers reported improving freight conditions in 2026, with rising volumes and rates indicating the industry is
UPS maintained its No. 1 ranking on Transportation Topics’ Top 100 For-Hire Carriers for 2026 list. (Graham Hughes/Bloomberg News) June 27, 2026 at 7:00 am EDT key takeaways: North America’s largest for-hire carriers reported improving market conditions in 2026 after several years of recession, while the 2025-based Top 100 rankings still reflect last year’s challenges.
Large, publicly held carriers like Schneider say strict regulatory enforcement is removing capacity from the market, resulting in improved freight rates. (schneider) June 27, 2026 at 7:00 am EDT key takeaways: The U.S. trucking market has shifted into a carrier-led recovery fueled by rising spot and contract rates after nearly four years of disappointing pricing.
FedEx Freight posted revenue of $2.41 billion in the most recent quarter, up 4.8% from $2.30 billion in the year-ago period. (Artistic Operations/Getty Images) June 26, 2026 3:19 pm, EDT key takeaways: FedEx Freight said the tightness of the truckload market boosted fiscal fourth-quarter earnings as heavy backhaul spillovers supported revenue in the quarter ended
A FedEx truck at the New York Stock Exchange on June 1. (Michael Nagle/Bloomberg) June 25, 2026 4:33 pm, EDT key takeaways: Earlier this month, FedEx Corp. FedEx is pursuing freight data center infrastructure, grocery and healthcare businesses after being separated from FedEx. CEO John Smith said the company has created a dedicated sales force
Tonnage during the first five months was 2% higher than in 2025. (Jenny Kane/Associated Press) June 25, 2026 1:50 PM, EDT key takeaways: ATA’s for-hire truck tonnage index fell 2% to 114.4 in May, continuing a two-month slump after a first-quarter gain. Soft volumes contrasted with limited capacity as DAT reported higher spot rates, while
(O2O Creative/Getty Images) June 22, 2026 4:33 pm, EDT key takeaways: The federal law ruled by the Supreme Court does not protect brokers from state negligent hiring lawsuits, removing a widely used defense in litigation. Experts say brokers have faced these risks before, but now they have to ensure that the vetting process is documented,