FreightWaves Today

FreightWaves
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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. 16 hr ago

    FreightWaves Today | August 11

    Welcome to today’s episode of FreightWaves Today! In this episode, we explore the cutting-edge technology, Q2 financial results, supply chain strategies, and market dynamics shaping the logistics and transportation industry. Here is what we cover in today’s show: AI-Powered Freight Execution with Overroute Alex Reed, Founding CEO of Overroute, joins the show to discuss the official launch of their AI-led freight execution platform. Developed in a year-long co-design partnership with J.B. Hunt, the platform uses AI agents to automate shipment coordination, detect exceptions, and streamline customer communications directly within existing carrier systems. Alex breaks down how the technology works day-to-day, how exceptions are handled, and the role of human oversight in AI-driven logistics. RXO Q2 Earnings & Market Share Growth Drew Wilkerson, Chairman and CEO of RXO, breaks down the company’s Q2 financial performance and market strategy. RXO reported strong volume growth across its business, with truckload volume outperforming the market by growing 2%. Drew shares how a 42% spot mix drove gross profit per load, the impact of agentic AI on operational productivity, and why he believes the freight market is in the early stages of a recovery. Managing Summer Retail Surplus & Returns Amrita Bhasin, Co-Founder and CEO of Sotira, returns to discuss how retailers are navigating late-summer return spikes and excess seasonal inventory heading into fall. Amrita explains how Sotira leverages AI to match overstock inventory with secondary buyers and donation markets—helping brands protect their bottom line while keeping surplus goods out of landfills. Transportation M&A & Freight Market Capacity Craig Decker, Managing Director at Brown Gibbons Lang & Company, provides an inside look at the dealmaking environment across logistics and transportation. Craig explores how capacity leaving the system—rather than a surge in demand—is driving early signs of freight market recovery, and what buyers and sellers need to know about transportation M&A activity heading into 2026. Follow the FreightWaves Today Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    FreightWaves Today | August 11

  2. 22 hr ago

    Proficient Auto Logistics Hits 25%, USPS Zip Code Battle, & BNSF Q2 Earnings Surge | The Morning Minute

    In this episode, we kick things off with a massive consolidation move reshaping the finished vehicle logistics market. Jacksonville-based Proficient Auto Logistics announced a one hundred thirty million dollar agreement to acquire California-based Hansen & Adkins, a deal that will push the combined company's market share to roughly 25 percent of the new car hauling market. The acquisition will more than double Proficient's fleet to over seven hundred twenty-five company-owned units and add four hundred million dollars in annual revenue, with the deal expected to close in mid-August as the auto haul industry faces rising regulatory pressures and tightening capacity. Next, we explore a brewing battle in the parcel sector where a Senate bill aimed at solving Zip code confusion is triggering fierce pushback from postal leadership. The Homeland Security and Governmental Affairs Committee endorsed legislation requiring the U.S. Postal Service to designate unique Zip codes for eighty-three communities, but Postmaster General David Steiner is warning that the mandate would cause irreparable harm to both the organization and its customers. Steiner claims implementation would cost well over eight hundred million dollars, completely erasing last quarter's hard-fought performance gains for an agency that has lost nearly fifteen billion dollars over the past twenty-one months. Finally, we break down strong second-quarter results from one of the nation's largest freight railroads as BNSF Railway reported pre-tax earnings rising nearly fourteen percent on higher volume and revenue. Parent company Berkshire Hathaway disclosed that BNSF's earnings climbed to two point zero six billion dollars as revenue increased fourteen point six percent to six point five six billion, driven by a six and a half percent volume surge and higher revenue per unit. Consumer products traffic grew nine point three percent thanks to increased West Coast imports and tightening truck capacity, while agricultural and energy shipments jumped eleven and a half percent, though the railroad's operating ratio deteriorated slightly as fuel costs surged sixty-eight percent year over year. Follow the FreightWaves Today Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    Proficient Auto Logistics Hits 25%, USPS Zip Code Battle, & BNSF Q2 Earnings Surge | The Morning Minute

  3. 1 day ago

    FreightWaves Today | August 10

    On today’s show, we dive into the shifting macro landscape, major breakthroughs in artificial intelligence, and new solutions for fleet electrification:  Freight Market Shakeout: Ryan Farlow, Industrials Senior Analyst at RSM, discusses how regulatory enforcement, small-carrier cost pressures, and changing capital costs could trigger a capacity shakeout to rebalance freight pricing.  Enterprise AI at Scale: Adrian Smith, Co-Founder and CEO of Ripple, breaks down their record enterprise deployment with global freight forwarder JAS, detailing how bespoke AI automation transforms core workflows.  Autonomous Tech Milestones: Raquel Urtasun, Founder and CEO of Waabi, explains how the Waabi Driver achieved zero-retraining AI generalization by seamlessly transferring to the Volvo VNL Autonomous platform without new data.  Electrification Solutions: Pat White, VP of Commercial at OptiGrid, highlights how battery-integrated fast chargers enable fleets to bypass long utility delays and slash deployment timelines from years to weeks. Follow the FreightWaves Today Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    FreightWaves Today | August 10

  4. 1 day ago

    Mariner Names Flock Freight Vet CEO, BlueGrace Buys Idaho 3PL, & Little Debbie Fraud Bust | The Morning Minute

    In this episode, we kick things off by examining a major leadership change at an integrated asset-backed 4PL that's betting big on carrier verification technology. Mariner Logistics recently named Justin Turner as chief executive officer, handing the Coppell, Texas operation to an executive who spent the past decade scaling brokerages and freight tech companies, including a critical role helping Flock Freight grow revenue from roughly ten million dollars to more than five hundred million dollars. The company's proprietary Sentinel Protocol continuously scores carriers and lanes rather than checking them once at signup, applying multi-source verification to every shipment. Meanwhile, consolidation is accelerating in the managed logistics sector as Tampa-based BlueGrace Logistics acquired Idaho 3PL Truk TMS, a broker focused on less-than-truckload transportation with a heavy concentration in the Pacific Northwest. Truk TMS had been operating as a BlueGrace partner and will now have full access to the company's technology platform and carrier network of over two hundred fifty thousand carriers, marking BlueGrace's third acquisition in recent years. Finally, we cover a freight fraud scheme that highlights the vulnerabilities in distributor delivery verification as Pennsylvania authorities filed fifteen criminal charges involving fraudulent Little Debbie delivery invoices. The City of Washington Police Department alleges that distributor James Powell created fake invoices showing Little Debbie products reaching Pennsylvania retail stores when the deliveries never occurred, using forged employee signatures to falsely verify receipt of merchandise. Powell now faces multiple felony counts including forgery, theft by deception, and fraudulent business practices, with authorities seeking over seventeen thousand dollars in restitution. Follow the FreightWaves Today Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    Mariner Names Flock Freight Vet CEO, BlueGrace Buys Idaho 3PL, & Little Debbie Fraud Bust | The Morning Minute

  5. 4 days ago

    FreightWaves Today | August 7

    Follow the FreightWaves Today Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    FreightWaves Today | August 7

  6. 4 days ago

    PACCAR Recalls 5,919 Trucks, Canada Fraud Hits Suppliers, & International Exits Ohio | The Morning Minute

    In this episode, we kick things off by examining a major safety recall affecting nearly six thousand brand-new Kenworth and Peterbilt trucks. PACCAR is pulling model year 2027 vehicles due to a critical defect in the power distribution center that could cause drivers to lose engine power, antilock brakes, or windshield wipers without any dashboard warning. The problem originated from contaminated soldering at a supplier facility, though PACCAR estimates only 0.3 percent of recalled trucks actually have the defect. Meanwhile, a sophisticated fraud operation is targeting heavy-duty trucking suppliers across Western Canada as twelve businesses shipped truck tires, engine oil, and trailer parts on fraudulent credit card orders that initially appeared legitimate. Saskatchewan RCMP launched an investigation in March after companies across the province discovered that approved transactions ultimately failed, with callers having provided credit card details that prompted shipments before the payments declined. Finally, we cover a massive workforce reduction in Ohio as International Motors lays off 1,341 employees following the sale of its Springfield facilities to Canadian manufacturer Roshel. The sale is expected to close October 2nd, effectively ending the facility's contract manufacturing agreement with a major automotive company and paving the way for Roshel to transform the sprawling campus into a U.S.-based production hub for commercial, specialty, and armored vehicles. Follow the FreightWaves Today Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    PACCAR Recalls 5,919 Trucks, Canada Fraud Hits Suppliers, & International Exits Ohio | The Morning Minute

  7. 5 days ago

    FreightWaves Today | August 6

    In this episode of FreightWaves Today, co-hosts Zach Strickland and Julie Van de Kamp break down the latest market-moving headlines across the freight, logistics, and supply chain landscape. Driver Pay & Payroll Trends: Mike Ritzema, President and Founder of Superior Trucking Payroll Service, joins the show to discuss the Driver Pay Index reaching a record 170.04. He walks through what real payroll data reveals about rising driver compensation, surging turnover rates in June, and how carrier owners can adjust pay structures to navigate tightening margins. Scaling D2C Cold Chain Fulfillment: Juan Camilo Meisel, Founder and CEO of Grip, dives into the fast-growing world of direct-to-consumer perishable logistics. Juan shares insights on shipping over $3 billion in temperature-sensitive goods, why frozen products are leading the charge, and the strategic addition of industry veteran John Hummel as President of Grip Fulfillment to drive their next phase of expansion. Freightnomics & Macroeconomic Update: On the second half of the show, Zach Strickland and DJ Donahue break down the latest ISM manufacturing data, ADP labor metrics, and modal shifts between truckload and intermodal. Plus, Dr. Zack Rogers drops in for his monthly analysis of the Logistics Managers' Index (LMI), breaking down inventory cost deltas, capacity contractions, and what to expect heading into Q4. Learn more about your ad choices. Visit megaphone.fm/adchoices

    FreightWaves Today | August 6

  8. 5 days ago

    RXO's Mixed Q2 Results, Forward Air Recovery, & Class 8 Orders Slow | The Morning Minute

    In this episode, we kick things off by examining the latest quarterly results from third-party logistics provider RXO, which posted a mixed second-quarter performance. While net income remained at a five cents per share loss, the company achieved what it described as a historic sequential increase in profit per load driven by a massive jump in truckload spot mix. That spot mix surged to forty-two percent in the second quarter, up from just thirty-three percent in the first quarter, as the strengthening freight market provides a tailwind for the broker. Next, we explore the encouraging turnaround at Forward Air, which is showing real signs of recovery following what analysts have called a messy merger with freight forwarder Omni Logistics. The company reported its best quarterly performance since the January 2024 combination, with consolidated revenue climbing nine percent year-over-year and consolidated adjusted EBITDA rising eighteen percent to ninety-three million dollars. The expedited freight segment led the charge with a solid twenty-four percent year-over-year revenue increase, benefiting from less-than-truckload freight that had previously been lost to a depressed truckload market now returning. Finally, we cover the heavy-duty truck market where North American Class 8 net orders totaled twenty-two thousand units in July, down thirty-one percent from June. However, industry analysts are clear that the slowdown reflects limited production availability rather than softening freight demand, with calendar-year 2026 production essentially sold out. Through July, 2026 Class 8 net orders are running one hundred twenty percent higher than the same period last year, underscoring robust replacement demand and improving fleet utilization. Follow the FreightWaves Today Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    RXO's Mixed Q2 Results, Forward Air Recovery, & Class 8 Orders Slow | The Morning Minute
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About

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.

Information

  • Creator
    FreightWaves
  • Years Active
    2023 - 2026
  • Episodes
    2k
  • Rating
    Clean
  • Copyright
    © FreightWaves
  • Show Website
    FreightWaves Today

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