By Loren Smith The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. On Tuesday, the National Transportation Safety Board will hold an unusual field hearing in East Palestine, Ohio, to release its accident investigation report on last year’s derailment. These accident investigation…
Insurance rates are among carriers’ biggest expenses, alongside fuel and maintenance. According to recent analysis from MarketScout, in 2023, the transportation industry was the sector with the largest rate increase: 7.26%. The increase across all industry groups hit 4.56% in the year. On this episode of WHAT THE TRUCK?!?, Reliance Partners’ Jackson Alexander, executive vice…
A federal judge in New York has rejected arguments challenging the Metropolitan Transportation Authority’s congestion pricing plan — which would charge truck drivers up to $36 for driving into Manhattan — and sided with officials hoping to implement the plan that they tout as a way to decrease traffic and improve transit. Judge Lewis J….
On Episode 727 of WHAT THE TRUCK?!?, Dooner is talking with FreightWaves’ Craig Fuller about UPS’ sale of Coyote for $1 billion to RXO. They’re breaking down the deal and will look into why Coyote took a loss of over $700 million in the transaction. RXO is now the 3rd biggest freight brokerage. Is this…
The acquisition of Coyote Logistics by RXO announced Sunday received a rip-roaring reception on Wall Street Monday, with the company’s stock price trading up by double-digit percentages on a move that management said will make it the third-largest freight brokerage in the country. At about 11:15 a.m. EDT, RXO stock was up about 21.9% to…