FreightWaves Today

FreightWaves

FreightWaves NOW is your daily source for the most impactful news in logistics. We break down the complex world of freight—covering trucking, rail, air, and ocean markets—to bring you actionable insights. Whether you are a carrier, shipper, or broker, we provide the data-driven context you need to navigate a volatile market.

  1. LA Peak Season Surge, Truckload Driver Pay Hikes, & Rail Track Tech Expands | The Morning Minute

    3 h fa

    LA Peak Season Surge, Truckload Driver Pay Hikes, & Rail Track Tech Expands | The Morning Minute

    In this episode, we kick things off at the nation's busiest container gateway, where frontloading is fueling a massive early peak season surge. The Port of Los Angeles handled over 840,000 TEUs in May, up seventeen percent from a year ago, driven by strong inventory replenishment, concerns about fuel costs, trade-policy uncertainty, and preparation for upcoming retail seasons. Loaded imports surged twenty-six percent year-over-year, rebounding sharply from May 2025 when import traffic was severely undercut by Liberation Day tariffs on China. Meanwhile, the truckload market's upswing is officially ushering in driver pay hikes across the sector. Joliet-based carrier GP Transco increased pay for all company drivers by five cents per mile, pushing the upper end to seventy-two cents per mile, while Dubuque's Hirschbach announced a ten-cent per mile increase for over-the-road drivers. A supply-led trucking recovery has prompted the need for enhanced driver pay and perks, with heightened regulatory enforcement purging noncompliant drivers from the market since last fall. Finally, the Federal Railroad Administration is greenlighting expanded testing of high-tech track inspection systems as Class I railroads prepare for a major safety upgrade. The FRA recently approved a five-year waiver that lets railroads expand the use of Automated Track Inspection technology, which uses lasers, cameras, sensors, and ground-penetrating radar to scan tracks for defects. CSX plans to start using the waiver on July first, deploying the technology across over three thousand route miles, with early data showing ATI reduces track geometry defects by ninety percent in some cases. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  2. Carrier Bankruptcies & Layoffs, LRT Group Acquires F2F Transport, & Cass Signals Recovery | The Morning Minute

    1 g fa

    Carrier Bankruptcies & Layoffs, LRT Group Acquires F2F Transport, & Cass Signals Recovery | The Morning Minute

    In this episode, we kick things off by examining a brutal new wave of financial distress hitting the transportation and logistics sector. Over the past ten days, trucking companies, truck dealers, and logistics providers have filed for bankruptcy protection while hundreds of workers faced layoffs nationwide. Notable filings include Laredo-based Triple RRR Carriers, a cross-border trucking company that operated a fleet of 177 power units, and Dallas-area logistics provider Alan Ritchey Inc., which will lay off 232 employees beginning in September. Next, we shift to the truckload sector where a strategic acquisition is poised to expand growth opportunities across the Southeast. Chattanooga-based F2F Transport announced that it has been acquired by LRT Group, a Fort Payne, Alabama-based transportation holding company focused on building transportation-based businesses. The move is expected to create new opportunities for growth and expanded service offerings, including increased access to dedicated freight opportunities for F2F's network of owner-operators. Finally, we explore a closely watched freight index that is signaling a positive inflection point may finally be on the horizon. According to a Monday report from Cass Information Systems, a positive inflection in freight shipments now appears likely after 40 months of year-over-year declines. The multimodal shipments component of the Cass Freight Index dipped just 1.2% year over year in May, the smallest decline in 18 months. Assuming historical seasonal trends, the index is projected to log a 1.8% year-over-year increase in the back half of 2026. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min

Descrizione

FreightWaves NOW is your daily source for the most impactful news in logistics. We break down the complex world of freight—covering trucking, rail, air, and ocean markets—to bring you actionable insights. Whether you are a carrier, shipper, or broker, we provide the data-driven context you need to navigate a volatile market.

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