Latest News Updates From Connor D. Wolf

UPS pressed ahead with an ongoing transformation strategy while contending with a challenging first quarter, the company reported April 28.

Knight-Swift Transportation reported a first-quarter net loss but cited improving conditions as excess and invalid capacity exit the freight market.

Mullen Group’s record first-quarter revenue was primarily driven by acquisitions, the Canadian carrier noted in its earnings report April 23.

The moving industry is facing economic constraints, even as 61% of companies expect to boost relocation budgets in 2026, according to an Atlas Van Lines survey.

Truck tonnage posted its largest year-over-year gain in more than three years in March and delivered the best quarterly result in almost a decade, ATA said.

U.S. trailer orders showed a sequential gain that defied seasonal expectations, given the historically expected slowdown that starts around March.

J.B. Hunt Transport Services CEO Shelley Simpson described a “meaningfully different” freight environment while reporting first-quarter results April 15.

The DAT report found spot van rates increased 11 cents sequentially to $2.52 per mile, while reefer rose 9 cents to $2.97 per mile. 

U.S. Class 8 retail sales in March fell 20% from 2025, marking the ninth consecutive year-over-year decrease, according to Omdia Automotive data.

Classes 4-7 retail truck sales for the month decreased 14.7% to 17,019 from the 19,942 units during the prior-year period, Omdia Automotive reported.