[Stay on top of transportation news: Get TTNews in your inbox.] Profit at Marten Transport more than halved in the fourth quarter of 2024 as ongoing weakness in the freight environment hurt revenue ...
Truckload pricing has remained inverted—with spot rates below contract rates—for three and a half years, creating unsustainable pressure on motor carriers where expenses have risen far faster than ...
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91-year-old trucking company Standard Forwarding Freight shuts down operations, no bankruptcy
The Great Freight Recession shows no sign of ending anytime soon, as more iconic trucking companies permanently shut their doors. In some cases, shipping companies declared bankruptcy, with about 21 ...
CHICAGO—Despite a recent uptick, freight markets remain in a prolonged “malaise,” as shippers still lack the confidence needed to end “historically depressed” levels of freight and truck rates, a ...
Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $1.4 million, or 2 cents per diluted share, for the ...
For heavy-duty trucks to transition to zero-emission vehicles, they will need access to new charging and alternative fueling infrastructure nationwide. A new federal document maps out the development ...
As the latest wave of artificial intelligence begins to make its way into the freight transportation industry, load planning automation has emerged as one of the more promising opportunities for ...
Standard Forwarding Freight has ceased operations effective Dec. 29, the company announced Monday, “following a comprehensive strategic review of the business.” The decision, which the East Moline, ...
(TNS) — Autonomous vehicle technology company Aurora has expanded its driverless freight operations to include nighttime travel on Texas highways, according to the company's announcement Wednesday. In ...
BEAVERTON, Ore.--(BUSINESS WIRE)-- Truckload transportation providers should not expect a dramatic rebound in the freight market in 2026, according to the latest annual Freight Focus: Transportation & ...
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