$104 million verdict hits MVT after driver fell asleep, killed co-driver
El Paso jury found Mesilla Valley Transportation and trainer liable for 2020 fatigue crash that killed sleeper-berth driver on I-40.
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.
Ocean Freight Rates Surge as Carrier Market Power Tightens
International container rates soar alongside domestic trucking spot rates. What market concentration means for shippers and the lanes you haul.
Yellow Escapes $300M WARN Act Liability in Federal Ruling
Federal court affirms Yellow qualified as a 'faltering company' when it laid off 22,000 union workers in July 2023. New Jersey employees may still see limited…
CMA CGM Buys FedEx Supply Chain for $1.4B, Triples Warehouse Footprint
French ocean carrier acquires FedEx's contract logistics arm, adding 80 warehouses and 10,000 workers to its North American 3PL subsidiary Ceva.
M&A advisors call 2027 'record-breaking' for trucking deals
Tenney Group says buyers can no longer sit on capital, expects deal volume to spike after three flat years.
Insurance Costs Climb as State Laws Erode Federal Preemption Shield
Cover Whale CRO says legislative patchwork and underwriting failures are driving carrier insurance premiums higher, not just nuclear verdicts.
Old Dominion Hits 99% On-Time, 0.5% Claims, Here's the Fleet Math
Sixteen straight years as the top-rated National LTL carrier. The operational architecture behind the numbers matters more than the awards.
Schneider Names New Truckload, Intermodal Chiefs as Filter Takes CEO Role
Green Bay carrier promotes from within as Mark Rourke moves to executive chairman. Steve Wells, who ran Cowan Systems, now leads the $2.5B truckload unit.
Dry Van Spot Rates Hit $2.14/Mile, Up 31% as Volumes Fall
Contract-to-spot spread collapses to 11 cents per mile in May as capacity tightens before demand recovers. LTL carriers hold yield despite shipment declines.
Carriers Report Improved Conditions as Freight Market Optimism Grows
Survey data shows carriers seeing better market conditions in 2026 and agreeing the downcycle is ending.
Major Carriers Still Betting on Diesel Through 2030s
Survey of large for-hire fleets shows diesel expected to remain dominant fuel despite electric and alternative-fuel push.
586 Indiana Warehouse Jobs Cut as Small Carriers File Bankruptcy
Humano, SIMOS close Avon operations in August. Five freight and logistics companies filed Chapter 11 or Chapter 7 in the past two weeks.