STG Logistics Clears Final Bankruptcy Hurdle, Exit Set for June
Court approval puts Dublin, Ohio-based carrier on track to emerge from Chapter 11 within weeks after four-month restructuring.
#Capacity
29 posts tagged with this topic.
Averitt Breaks Ground on Charlotte, Louisville Campuses, 275 Jobs Coming
The Cookeville carrier is doubling down on Southeast capacity ahead of a freight rebound, adding 379 dock doors and 260,000 square feet by end of 2027.
Spot Rates Hit Multiyear Highs: Dry Van $2.01, Reefer $2.36, Flatbed $2.70
All three equipment types posted year-over-year gains above 23% as weekly rates climbed across the board.
DOT Enforcement Tightens Capacity as Spot Rates Climb in Q1
First-quarter enforcement activity pulled carriers off the road, shrinking available capacity and lifting spot rates: a supply-driven recovery that changes the…
Spot and Contract Rates Edge Higher in Q1 as Capacity Tightens
Both spot and contract rates moved up during the first quarter while carriers focused on internal efficiency and operational improvements.
Bid Season Pricing Gains Signal Shift After Three-Quarter Downturn
Carriers report better pricing power in Q1 2026 contract negotiations as capacity exits and spot rates firm: the first sustained leverage shift since mid-2023.
Class 8 Orders Jump 201% in April as Freight Rates Firm
New truck orders surged in April as carriers bet on tightening capacity and recovering freight demand: signaling confidence in the replacement cycle.
Spot Rates Jump 4¢ Dry Van, 10¢ Reefer as All Three Segments Climb
Dry van spot rates rose 4¢ last week to $2.00/mile, reefer climbed 10¢, and flatbed added 8¢: all three segments now running 25–38% above year-ago levels.
RXO Posts Q1 Turnaround as Carrier Exits Tighten Spot Market
The 3PL reported improved margins as capacity leaves the market, but demand remains flat: a supply-driven recovery that changes how fleets price spot loads.
Contract Rates Up 8% Since Fall as Capacity Stays Tight Through Mid-Year
Long-term contract rates climbed roughly 8% from last fall, with spot and contract pricing both rising as tender rejection rates stay elevated and shippers…
Cummins Lifts 2026 Outlook as Truck Orders and Spot Rates Climb in Q1
Engine maker's raised forecast signals carrier demand is firming: what improving order activity means for fleet expansion and rate momentum.
Capacity Plummets 10.9 Points in April, Tightest Freight Market in a Decade
Transportation capacity hit 28.4 on the Logistics Managers' Index, the second-fastest decline on record, while spot prices jumped 5.6 points to 95, the widest…