MENGES TOWING

PlusAI Cancels Public Listing Again — What It Means for AV Truck Orders

The autonomous-truck developer scrapped its second attempt to go public but says commercial momentum remains strong. Fleet orders and deployment timelines are unchanged.

CN Railway Q1 Miss — No Equipment Signal for Cross-Border Intermodal

Canadian National Railway shares dropped the most since 2021 after Q1 revenue fell short, but the release contains no tractor counts, intermodal-container orders, or equipment u…

Markets & Rates

Oil Hits Highest Price Since June 2022 as Hormuz Conflict Drags On

Crude surge driven by U.S.-Iran standoff and choked Strait of Hormuz flows — no end date in sight for fuel cost relief.

C.H. Robinson Beats EPS Forecast Despite Broker Margin Squeeze

The 3PL posted $1.35 non-GAAP EPS in Q1 2026, beating consensus by 12 cents, while cutting another 333 jobs from its North American brokerage division.

Old Dominion Sees Q2 Margin Gain Despite April Volume Slowdown

The Thomasville LTL carrier beat Q1 EPS estimates but flagged softer April tonnage as geopolitical uncertainty slowed customer freight decisions.

Markets & Rates

Paccar Sees Class 8 Sales and Production Jumping in Q2 2026

North American truck output set to accelerate significantly next quarter, Paccar executives say — signaling OEMs expect demand to hold.

PCS Cortex Adds DAT One Load Board — Single-Screen Freight Search

PCS Software integrated DAT One into Cortex TMS so carriers can search spot freight without leaving dispatch.

LTL Dimensioners Drive One-in-Four Re-Rates — What Shippers Miss

Carriers now dimension most dock freight. Shippers still guessing at weight and class face invoice surprises on 25% of shipments.

Landstar Q1 Earnings — No Equipment Orders or Fleet Updates Disclosed

Jacksonville carrier posted $39.4M net income for Q1 2026 but released no truck orders, trailer buys, or maintenance-cost data.

Trailer Sensors Bring Real-Time Brake and Tire Data to Small Fleets

Connected trailer technology moves maintenance from calendar-based to condition-based, catching brake fade and tire pressure drops before roadside inspections do.

Markets & Rates

Diesel Drops While Gas Climbs — National Average Diesel Down to $4.12

EIA reports diesel at $4.123 per gallon, 8 cents below last week, while AAA pegs retail diesel $1.11 higher at $5.461 — a $1.93 year-over-year jump that hits every settlement.

Driver Life on the Road

How to keep your best drivers when freight is slow and budgets are frozen

You can't hand out raises or new trucks in 2026, but you can still protect the talent you'll need when rates recover — here's what actually works.