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Supply Crunch Could Run Into 2028 If ELD, CDL Rules Stick ● U.S. refineries hit highest run rate since 2019 as Iran war drives output ● Diesel Crack Spread Hits $102 — Record High Signals Pump Spike Ahead ● Leading Index Peaks, Signals Freight Demand Slowdown Into 2027 ● Data Center Buildout Adds 1.5% Freight Volume Hidden From Cass Index ● FBI seeks owner-operators caught in Georgia tax preparer fraud case ● Diesel Hits $5.40/Gallon, Gasoline $4 in Record August Spike ● Brent Crude Dips to $87.18 After 5% Surge on Hormuz Uncertainty ● U.S. Trade Deficit Narrows to $73.3B as Imports Drop 1.8% in June ● LTL Tonnage Up 5% in July as Manufacturing Hits Four-Year High ● Heartland Express posts Q2 profit on equipment sales, not freight ● Capacity Crunch, Not Demand, Drives Spot Rates to $3.53/Mile ● Spot Rates Run 40% to 70% Above Contract on Infrequent Lanes ● Schneider Locks Double-Digit Contract Rate Hikes as Spot Nears 2021 Peak
Supply Crunch Could Run Into 2028 If ELD, CDL Rules Stick ● U.S. refineries hit highest run rate since 2019 as Iran war drives output ● Diesel Crack Spread Hits $102 — Record High Signals Pump Spike Ahead ● Leading Index Peaks, Signals Freight Demand Slowdown Into 2027 ● Data Center Buildout Adds 1.5% Freight Volume Hidden From Cass Index ● FBI seeks owner-operators caught in Georgia tax preparer fraud case ● Diesel Hits $5.40/Gallon, Gasoline $4 in Record August Spike ● Brent Crude Dips to $87.18 After 5% Surge on Hormuz Uncertainty ● U.S. Trade Deficit Narrows to $73.3B as Imports Drop 1.8% in June ● LTL Tonnage Up 5% in July as Manufacturing Hits Four-Year High ● Heartland Express posts Q2 profit on equipment sales, not freight ● Capacity Crunch, Not Demand, Drives Spot Rates to $3.53/Mile ● Spot Rates Run 40% to 70% Above Contract on Infrequent Lanes ● Schneider Locks Double-Digit Contract Rate Hikes as Spot Nears 2021 Peak
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Ticker Form Title Filed
NSC 425
M&A communication (425)
 425 — 425 Jul 29, 2025 SEC ↗
NSC 425
M&A communication (425)
 425 — 425 Jul 29, 2025 SEC ↗
NSC 8-K
Material event (8-K)
 8-K — 8-K Jul 29, 2025 SEC ↗
NSC 425
M&A communication (425)
 425 — 425 Jul 29, 2025 SEC ↗
RLGT SCHEDULE 13G/A
5%+ owner amend (13G/A)
 SCHEDULE 13G/A Jul 29, 2025 SEC ↗
LSTR 8-K
Material event (8-K)
 8-K — 8-K Jul 29, 2025 SEC ↗
LSTR 10-Q
Quarterly report (10-Q)
 10-Q — 10-Q Jul 29, 2025 SEC ↗
UPS 8-K
Material event (8-K)
 8-K — 8-K Jul 29, 2025 SEC ↗
HTLD 8-K
Material event (8-K)
 8-K — 8-K Jul 29, 2025 SEC ↗
WERN 8-K
Material event (8-K)
 8-K — 8-K Jul 29, 2025 SEC ↗
R 144
Rule 144 sale (144)
 144 Jul 28, 2025 SEC ↗
FWRD CORRESP
SEC correspondence
 CORRESP Jul 28, 2025 SEC ↗
FDX 424B5
Prospectus (424B5)
 424B5 — 424B5 Jul 25, 2025 SEC ↗
ARCB 8-K
Material event (8-K)
 8-K — 8-K Jul 25, 2025 SEC ↗
ARCB 8-K/A
Material event amend (8-K/A)
 8-K/A — 8-K/A Jul 25, 2025 SEC ↗
SAIA 8-K
Material event (8-K)
 8-K — 8-K Jul 25, 2025 SEC ↗
SAIA 10-Q
Quarterly report (10-Q)
 10-Q — 10-Q Jul 25, 2025 SEC ↗
R 8-K
Material event (8-K)
 8-K — 8-K Jul 24, 2025 SEC ↗
R 10-Q
Quarterly report (10-Q)
 10-Q — 10-Q Jul 24, 2025 SEC ↗
UNP 8-K
Material event (8-K)
 8-K — 8-K Jul 24, 2025 SEC ↗
UNP 8-K
Material event (8-K)
 8-K — 8-K Jul 24, 2025 SEC ↗
UNP 10-Q
Quarterly report (10-Q)
 10-Q — 10-Q Jul 24, 2025 SEC ↗
NSC 8-K
Material event (8-K)
 8-K — 8-K Jul 24, 2025 SEC ↗
MATX 8-K
Material event (8-K)
 8-K — 8-K Jul 24, 2025 SEC ↗
FDX 8-K
Material event (8-K)
 8-K — FORM 8-K Jul 24, 2025 SEC ↗
ARCB 8-K
Material event (8-K)
 8-K — 8-K Jul 24, 2025 SEC ↗
ODFL 8-K
Material event (8-K)
 8-K — 8-K Jul 24, 2025 SEC ↗
JBHT 10-Q
Quarterly report (10-Q)
 10-Q — FORM 10-Q Jul 24, 2025 SEC ↗
JBHT 4
Insider trade (4)
 4 — PRIMARY DOCUMENT Jul 24, 2025 SEC ↗
CSX 8-K
Material event (8-K)
 8-K — 8-K Jul 23, 2025 SEC ↗
CSX 10-Q
Quarterly report (10-Q)
 10-Q — 10-Q Jul 23, 2025 SEC ↗
FDX FWP
Free writing prospectus
 FWP — FWP Jul 23, 2025 SEC ↗
FDX 144
Rule 144 sale (144)
 144 Jul 23, 2025 SEC ↗
FDX 4
Insider trade (4)
 4 — PRIMARY DOCUMENT Jul 23, 2025 SEC ↗
CVLG 8-K
Material event (8-K)
 8-K — FORM 8-K Jul 23, 2025 SEC ↗
KNX 8-K
Material event (8-K)
 8-K — 8-K Jul 23, 2025 SEC ↗
CNI 6-K
Foreign-filer report (6-K)
 6-K — 6-K Jul 22, 2025 SEC ↗
FDX 424B3
Prospectus (424B3)
 424B3 — 424B3 Jul 22, 2025 SEC ↗
JBHT 144
Rule 144 sale (144)
 144 Jul 22, 2025 SEC ↗
FDX 10-K
Annual report (10-K)
 10-K — 10-K Jul 21, 2025 SEC ↗
FDX IRANNOTICE IRANNOTICE — IRANNOTICE Jul 21, 2025 SEC ↗
KNX 8-K/A
Material event amend (8-K/A)
 8-K/A — 8-K/A Jul 21, 2025 SEC ↗
GATX SCHEDULE 13G/A
5%+ owner amend (13G/A)
 SCHEDULE 13G/A Jul 18, 2025 SEC ↗
HUBG 4
Insider trade (4)
 4 — 4 Jul 18, 2025 SEC ↗
HUBG 4
Insider trade (4)
 4 — 4 Jul 18, 2025 SEC ↗
ARCB SCHEDULE 13G/A
5%+ owner amend (13G/A)
 SCHEDULE 13G/A Jul 18, 2025 SEC ↗
FDX 8-K
Material event (8-K)
 8-K — 8-K Jul 17, 2025 SEC ↗
HUBG SCHEDULE 13G/A
5%+ owner amend (13G/A)
 SCHEDULE 13G/A Jul 17, 2025 SEC ↗
XPO SCHEDULE 13G/A
5%+ owner amend (13G/A)
 SCHEDULE 13G/A Jul 17, 2025 SEC ↗
ARCB 8-K
Material event (8-K)
 8-K — 8-K Jul 17, 2025 SEC ↗
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KNX$69.41 -0.47% WERN$38.05 +0.22% MRTN$14.73 -0.67% HTLD$12.36 -2.41% USX$24.85 -1.74% SNDR$35.14 +0.43% JBHT$274.47 +0.75% CVLG$34.73 +1.40% ODFL$204.52 -0.27% SAIA$359.63 +0.12% ARCB$135.89 -1.34% XPO$196.84 -0.30% FWRD$17.79 -3.94% HUBG$40.05 +0.13% FDX$326.04 -0.71% UPS$102.58 -0.27% CHRW$143.83 -0.48% LSTR$182.42 -1.41% GXO$45.37 -2.16% RXO$21.67 -2.34% EXPD$186.40 -0.02% RLGT$8.65 -1.48% ZIM$27.16 -0.91% MATX$216.77 -0.68% SBLK$30.06 -0.36% SFL$12.52 -1.03% KEX$139.22 +0.40% NSC$346.62 +0.26% UNP$303.97 +0.72% CSX$50.97 +0.57% CP$94.83 +0.41% CNI$128.23 +0.46% R$247.85 -1.07% GATX$176.70 +0.31% KNX$69.41 -0.47% WERN$38.05 +0.22% MRTN$14.73 -0.67% HTLD$12.36 -2.41% USX$24.85 -1.74% SNDR$35.14 +0.43% JBHT$274.47 +0.75% CVLG$34.73 +1.40% ODFL$204.52 -0.27% SAIA$359.63 +0.12% ARCB$135.89 -1.34% XPO$196.84 -0.30% FWRD$17.79 -3.94% HUBG$40.05 +0.13% FDX$326.04 -0.71% UPS$102.58 -0.27% CHRW$143.83 -0.48% LSTR$182.42 -1.41% GXO$45.37 -2.16% RXO$21.67 -2.34% EXPD$186.40 -0.02% RLGT$8.65 -1.48% ZIM$27.16 -0.91% MATX$216.77 -0.68% SBLK$30.06 -0.36% SFL$12.52 -1.03% KEX$139.22 +0.40% NSC$346.62 +0.26% UNP$303.97 +0.72% CSX$50.97 +0.57% CP$94.83 +0.41% CNI$128.23 +0.46% R$247.85 -1.07% GATX$176.70 +0.31%