FedEx said increased purchased-transportation rates partly offset stronger package yields, volumes and cost savings. Reuters reported that hired truckers provide about 10% of capacity and that higher rates helped trim the U.S. Express adjusted margin to 6.6%.
Fleetworthy's Expedited Inspection service is now live in California, Michigan, Vermont and Maine, joining Nevada for eligible fleets using its bypass service and a participating ELD.
A transportation-plan amendment clears six electric commercial-truck charging spaces for a future County Line Road truck parking facility; construction is expected to begin in 2028.
Penske Automotive Group signed a definitive merger agreement with an entity owned by Penske Corporation and Mitsui; the proposed transaction still needs regulatory and shareholder approvals.
Federal INFRA awards will support truck-parking expansion in 12 states, including port, interstate-rest-area and border facilities; the announcement does not mean the new spaces are open yet.
Volvo Autonomous Solutions and Waabi say their autonomous-ready trucks are carrying Warp freight between Dallas and Houston, with an observer currently seated in the driver's position.
The TD Cowen/AFS Freight Index projects truckload, LTL and parcel pricing near or at record index levels in the fourth quarter, with fuel surcharges and capacity constraints adding pressure.