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We begin 2024 with mostly good news. While December marked a softening of Canadian spot market freight volumes, in the U.S. spot market rates are rising
COLUMBUS, Ind. -- The nation's freight cycle fundamentals will improve in 2024, according to the latest release of the Freight Forecast, U.S. Rate and
On Wednesday, autonomous trucking startup TuSimple went private after voluntarily delisting from Nasdaq following two years of stock and boardroom drama. FreightWaves’ Alan Adler writes, “TuSimple was the first autonomous trucking company to demonstrate driverless operations on an open highway. One of its trucks traveled 80 miles with no human on board from Tucson, Arizona, to Phoenix in December 2021.” The post Loaded and Rolling: Autonomous trucking startup TuSimple goes private appeared first
LITTLE ROCK, Ark. -- For the first seven months of 2023, U.S. sales of new Class 8 trucks exceeded sales in the corresponding month of 2022. But August
It looks like the trucking industry will end 2023 on a soft note, according to the latest data we’ve come across. U.S. for-hire truck tonnage slipped in