Norfolk Southern Profit Falls 27% in Q1 as Insurance Bump Ends
The Class I railroad posted a sharp earnings drop after insurance payments from the East Palestine derailment dried up — a reminder that one-time windfalls…
Tess Crawford
Markets, Rates & Carrier Business
Tess Crawford tracks the money in trucking — spot and contract rates, diesel cost trends, lane capacity, freight demand, carrier earnings, bankruptcies, M&A, layoffs, and insurance pricing. She writes for the dispatcher checking the load board between calls and the small-fleet owner reading the P&L over coffee.
Brent Crude Swings $4 in Morning Trade, Settles at $105.38
June Brent crude bounced between $103 and $107 per barrel Friday morning on Iran ceasefire speculation before closing up 0.3%.
Knight-Swift Targets 10%+ Rate Hikes as Capacity Exits Accelerate
Phoenix mega-carrier reports Q1 loss but tells investors mini-bids are multiplying and awarded contracts are being rejected because prices moved since January.
Flatbed Spot Rates Jump 8¢ While Dry Van and Reefer Slide
Flatbed linehaul climbed to $2.61/mile last week — the second straight 8-cent gain — while dry van and reefer rates dropped as load counts fell across all…
Diesel Drops 21 Cents, Then Crude Hits $100 — What Happens Next
National average fell to $5.40/gallon this week, but Brent crude spiked over $100/barrel as Iran ceasefire uncertainty keeps the Strait of Hormuz in play.
Unbundled Maintenance vs. Full-Service Lease: The Cost Gap Widens
For fleets running 10 or more trucks, the choice between managing maintenance in-house and paying a bundled monthly rate now carries a bigger margin penalty…