The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. U.S. carriers are white-knuckling a brutal freight market. While data suggests the industry has finally reached the bottom of its freight rate bubble, a balanced market — and the relief it will deliver…
With travel stop operator Pilot Travel Centers now 80% owned by Berkshire Hathaway, the conglomerate’s first earnings report since Berkshire took its ownership up to that level is providing a more complete look at Pilot’s finances. Pilot had been privately owned but with a 38.6% interest held by Berkshire Hathaway, acquired in 2017. The sale…
On today’s episode of WHAT THE TRUCK?!? Dooner is talking about a delivery robot viral video straight out of Hollywood. We’ll take a look at what happened to Serve Robotics’ bots when they took to the streets of Los Angeles. Yellow officially announced that it’s shutting down. General Trucking Inc. CEO Larry Long has seen…
Volvo Trucks North America and Mack Trucks are recalling nearly all the battery-powered electric trucks made over the past four years because of an issue that can cause a battery fire. The recall is the fourth for the trucks since they entered series production in 2022. The latest recall affects 173 Volvo and nine Mack…
TFI International Inc. said Monday it has acquired JHT Holdings Inc., an asset-light North American transportation provider for Class 6-8 truck manufacturers. Terms of the transaction were not disclosed. The deal is expected to close in the third quarter. JHT CEO John Harrington will stay on with the company. Founded in 1933 and based in…