What does a load really cost when your primary carrier says no?
SONAR's latest truckload datasets show that 3rd-tender rejections add a ~19.84% premium—nearly double the cost of a 2nd tender!
What happens if the Surface Transportation Board denies the latest major rail merger?
Paul Tonsager, CEO & Founder of Integrated Multi-Model Solutions, discusses how regulatory delays and changing political climates could stall rail mega-mergers for a generation.
Roadrunner has launched a new outbound Canada-to-U.S. LTL service that connects shippers in Canada to about 40 major U.S. metro markets. The direct linehaul network runs entirely by truck, with no rail touchpoints, and is designed to reduce handling points and improve visibility. The carrier also announced a 5.9% general rate increase, effective Nov. 2, citing higher costs and continued network investment.
https://t.co/EslxmfgFlH
DJ Donahue reveals that for every $1.00 increase in the crack spread, refiners gain ~28¢ in operating margin.
With Russian refineries damaged and Chinese exports halted, global refining capacity is scarce—allowing refiners to command higher wholesale rack prices.
Wabtec reported higher third-quarter revenue and earnings and raised its full-year outlook as freight and transit backlogs grew. Revenue rose 8% to $3.12 billion, operating income increased 27% to $625 million and EPS climbed 34% to $2.42. The company lifted adjusted EPS guidance to $10.85 to $11.05 after seeing stronger freight demand, higher parts orders and continued transit sales growth.
https://t.co/miYxqA0sBN
How do small carriers get their foot in the door with major direct shippers?
On The Long Haul, Jared Reaves breaks down how covering last-minute spot loads for big shippers builds trust and eventually leads to dedicated lanes over time.
New Sonar data reveals how much more shippers pay for loads rejected by primary carriers, with second tenders costing 10% more and third tenders nearly 20% more.
Contract rates are up 13% over prior rates, making accurate budgeting critical.
Marten Transport shares fell 7% Friday after the refrigerated carrier reported third-quarter net income of $2.9 million, or 4 cents per share, missing consensus by 2 cents. Revenue rose 1% year over year to $223 million, but higher fuel, wages and health insurance costs weighed on results. The company said truckload market tightening is helping pricing, even as profitability remained under pressure.
https://t.co/KwSmiFNFS4
Mike Normile, CFO and EVP of Cass Information Systems, details the operational factors driving revenue expectations into Q4.
He explains that September freight volumes surpassed Q3 averages, establishing immediate top-line momentum. However, because Cass reports freight data based on processing dates, September’s surge acts as a leading indicator for Q4 revenue realization.
What happens when a $500K solar contract goes unpaid while heavy haul rates drop?
On The Long Haul, Jared Reaves breaks down how unexpected project losses, soaring permit fees, and high fuel costs squeezed RGN and step deck margins.
Five manufacturers have announced new or expanded U.S. production facilities totaling more than $1.6 billion in investments across Texas, Illinois, Georgia, Kentucky and Arkansas. Hyundai Translead, Carrier Global and Blue Bird account for more than $1.5 billion of that total and 5,625 planned jobs. The projects could eventually increase freight demand for raw materials, components and finished goods.
https://t.co/JCKFEvFcFE
Compliant isn’t the same as provable. 🚛
Brokers and insurers want more than baseline checks. @lytx breaks down how carriers with a documented safety program gain a competitive edge.
#Trucking#FreightSafety#Lytx https://t.co/yJ4eu7eEjg
The Port of Coos Bay has secured nearly $205 million in federal funding to upgrade its rail line, advancing plans for a proposed Oregon container terminal that would move cargo by train between ships and inland markets. The $204.8 million CRISI grant will fund final design and construction on the 111-mile Coos Bay Rail Line, a critical step for the proposed Pacific Coast Intermodal Port.
https://t.co/2nQAbkJZZI
FreightWaves’ F3: Future of Freight Festival returns to Chattanooga Oct. 27-28 with AI, autonomous trucking and freight technology at the center of the agenda. Sessions will examine practical AI deployment, autonomous execution, autonomous trucking and freight data, alongside technology demos and a Tesla Semi ride-along. The event comes as operators and tech providers are under pressure to show measurable results from new tools.
https://t.co/XWNYk6goNN
"To grow, you gotta let go…”
On The Long Haul, Jared Reaves discusses the struggle of stepping back from handling every role in a carrier business and why offloading daily duties is critical for long-term expansion.