Preliminary October Class 8 truck net orders see annual declines
Preliminary October Class 8 truck net orders again saw annual declines, according to data respectively issued this week by FTR and ACT Research. FTR reported that preliminary October Class 8 truck net orders, at 24,300 units, saw an 18% gain, from September to October, while falling 22% annually, marking the tenth consecutive month of annual […]
New 25% truck tariff adds another layer of uncertainty for shippers
The White House’s 25% tariff on imported heavy-duty trucks went into effect on November 1. A social media post issued by President Trump on September 25 stated he was taking this action, “In order to protect our Great Heavy Truck Manufacturers from unfair outside competition,” adding that, “our Great Large Truck Company Manufacturers, such as […]
Senators call on STB to closely scrutinize proposed Union Pacific–Norfolk Southern merger
Late last week, a bipartisan Senate duo—John Hoeven (R-N.D.) and Amy Klobuchar (D-Minn.)—penned a letter to leadership at the Surface Transportation Board (STB), including STB Chairman Patrick Fuchs, Vice Chair Michelle Schultz and Member Karen Hedlund, in which they stated they plan to “closely scrutinize” the proposed Class I railroad merger between Union Pacific and […]
UPS’s acquisition of Andlauer Healthcare Group is a done deal
Atlanta-based global freight transportation and logistics services provider UPS said today that its pending acquisition of Vaughan, Ontario-based Andlauer Healthcare Group (AHG) has been made official. As per the terms of the deal UPS said that AHG stakeholders receive $55 per share in cash (CAD), with a total purchase price of $2.2 billion (CAD), or […]
LTL market remains stuck in freight rut as carriers brace for prolonged softness
In a recent conversation I had with a less-than-truckload (LTL) stakeholder, I was not entirely surprised about the way in which he described the current state of the LTL market. That is largely related to the ongoing narratives about market conditions, in the form of things like low, or reduced, demand, tariff- and trade-driven uncertainty, […]
DHL Express invests $90 Million to expand and modernize New York–area operations
DHL Express said this week it is making a major investment to grow its footprint around New York City. The company said it’s spending $90 million on new facilities and automation upgrades to handle more shipments and deliver faster across the region. As part of the plan, DHL will move its Manhattan service center to a new 92,505-square-foot […]
CSX appoints Kevin Boone as CFO, promotes Maryclare Kenney to CCO, with a focus on driving long-term growth
Following a late September announcement, in which it named Steve Angel as its new President and Chief Executive Office by the company’s Board of Directors, replacing previous president and CEO Joe Hinrichs, whom departed the company and had been with at the helm for three years, joining the company in September 2022, Jacksonville, Fla.-based Class […]
New JLL report highlights strong Q3 industrial leasing activity
Amid what it called ongoing economic and trade headwinds, a report recently issued by Chicago-based industrial real estate firm JLL pointed to signs of recovery in industrial leasing activity in the third quarter. The report, entitled “JLL’s U.S. IND Market Dynamics Q3,” stated that third-quarter leasing volume reached 146.2 million square feet (MSF), marking the […]
UPS reports Q3 revenue decline, amid strong pricing and lower volumes
Third quarter 2025 earnings results issued today by Atlanta-based global freight transportation and logistics services provider UPS were off almost 4%. Quarterly consolidated revenue, at $21.4 billion, fell 3.7% annually, and basic earnings per share, at $1.74 (topped Wall Street estimates of $1.29), fell $0.24, or 13.4%, annually. Total operating profit, at $1.8 billion, was off 9.1% […]
C.H. Robinson launches Agentic Supply Chain, ushering in a new era of AI-driven logistics intelligence
Earlier this month, Eden Prairie, Minn.-based global third-party logistics (3PL) services provider and freight forwarder C.H. Robinson said it has taken another step in its leverage and deployment of AI (Artificial Intelligence) technology, with the rollout of its Agentic Supply Chain, which it defines as an intelligent ecosystem that cautiously thinks, learns, adapts, and acts. […]