Averitt News Updates

The current enforcement environment reflects a return to a rule that dates to 1937 but was unevenly applied for much of the past decade.

For truck drivers and fleet operators, a line from rock legend Tom Petty captures the frustration of driver detention: “The waiting is the hardest part.”

Both locations were identified as potential “pinch points” as the freight industry rebounds after the longest downturn in industry memory.

Averitt Express is expanding its core less-than-truckload business to get ahead of what it sees as an emerging upturn in the freight market.

The less-than-truckload market segment of the North American freight market is set to rebound in 2026, although when the up cycle will kick off remains a vexing question.

Averitt Express added dedicated tanker truck services to its logistics offerings for bourbon distilleries, expanding its long-standing role in supporting the industry.

LTL was something of a latecomer to the downturn, with the August 2023 demise of the then-No. 3-ranked LTL player Yellow shielding its peers from excessive headwinds.

Carriers attribute the softer outlook to shippers front-loading inventory earlier in the year due to tariff concerns, combined with cautious consumer spending amid inflation worries.

The new units expand a long-running supplier relationship at a scale that signals how big fleets are renewing equipment to strengthen operations and keep experienced drivers in the seats.

The Cookeville, Tenn.-based transportation and logistics company said these regional drivers saw their compensation increase to 64 cents per mile.