Dozen Small Carriers and Brokers File Bankruptcy in April Wave
New Jersey 57-truck fleet leads mid-April cluster of Chapter 7 and Chapter 11 filings spanning six states as margins stay tight.
Tess Crawford
Markets, Rates, Fuel & Carrier Business
Tess Crawford tracks the money flowing through trucking, spot and contract rates, diesel and crude markets, fuel surcharges, lane capacity, freight demand, LTL tonnage and yield, plus the carrier-business side: 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.
Werner Launches Asset-Based Intermodal Into Mexico Cross-Border Lanes
Omaha carrier deploys Werner-owned containers and 30 years of cross-border experience as nearshoring shifts freight patterns south of the border.
Marten Transport Q1 Operating Ratio Hits 99.1% Despite Revenue Gains
The Wisconsin truckload carrier's operating income fell to $1.6 million in Q1 2026 as costs outpaced a modest uptick in per-tractor revenue.
STG Logistics Cuts $1B in Debt, Plans May Exit from Bankruptcy
Intermodal marketing company settles with minority lenders, gains $150M fresh capital and majority ownership shift to Fortress and Invesco.
Wabtec Q1 Revenue Up 13% on Locomotive Deliveries and Rail Tech Buys
Rail equipment maker posts $2.95B in sales as freight segment locomotive deliveries jump 52.5% and digital acquisitions lift backlog $8.5B year-over-year.
Chinese Cargo Carrier Air Central Wins US Approval for July Flights
Air Central received one-year DOT authority to fly 747 freighters from Zhengzhou to Chicago and Los Angeles three times weekly starting July 2026.
Ocean Rate Surge Hits Domestic Trucking: What Iran Conflict Means for Your Lanes
Trans-Pacific container rates jumped 22% in a month as Middle East disruptions cascade through Asian transshipment hubs, and the ripple is already reaching…
Brent Crude Jumps 2.3% to $101.38 as Iran Talks Stall
July Brent crude rose to $101.38 per barrel Monday: a 2.3% gain tied to stalled Iran negotiations. What the move means for diesel and settlement statements.
Norfolk Southern Q1 Earnings Drop 2% as February Weather Cuts Rail Volume
Winter storms knocked intermodal traffic down 4% in February; coal up 9% but fuel costs and CSX-BNSF alliance bite into margin.
Texas Cargo Theft Down 22%, But Organized Crime Drives Losses Higher
Fewer incidents in Q1 2026, but thieves are targeting higher-value loads, and total losses held flat at $131.6 million across the U.S. and Canada.
Import Volumes Sit 36% Below 2021 Peak as Domestic Rates Climb
Ocean container requests are running near multi-year lows for April, leaving the current freight market flip driven by domestic factors: not the import surge…
Covenant Reports Driver Market Tightening for First Time in 40 Months
Chattanooga carrier sees Q1 net income fall to $4.4M but says capacity is shrinking, driver pay talks are back, and rate momentum is building into Q2.