For-Hire

USA Truck’s business model does not fit DSV’s vision for asset-light North American on-road operations, the company said in a report accompanying the most recent quarter’s results.

ACT noted continuing concerns over moderating economic activity, weak for-hire carrier profitability and ambiguous government policy remain as challenges to trailer demand.

"September’s tonnage level was essentially the same as in September 2023, underscoring the tough freight market over the last few years,” said ATA Chief Economist Bob Costello.

The company posted net income of $7.86 million, or 5 cents a diluted share, for the three months ended Sept. 30. That compared with $30.5 million, 19 cents, a year earlier.

AAA Cooper Transportation, Midwest Motor Express and DHE Transportation would all be housed under the one brand from the start of 2026, President and CEO Charlie Prickett wrote.

The Project44 2025 Annual State of Consumer Holiday Shopping Report found that 40% of consumers have capped their holiday budgets at $500 amid economic uncertainty.

The trucking industry and its partners celebrated professional truck drivers during the 37th annual National Truck Driver Appreciation Week in mid-September.

The Birmingham, Ala.-based firm ceased operations after a deal to sell the company to an affiliate of fellow Birmingham-based carrier PS Logistics collapsed.

Anderson Trucking Service’s logistics division is expanding its reach by acquiring Trailer Bridge Logistics, a move aimed at strengthening ATS’ position in the U.S. freight market.

As is typical with Daimler Truck’s pre-earnings sales announcements, no color was provided on the statistics. Daimler Truck will report its full third-quarter earnings on Nov. 7.