VIB Trans, an Illinois-based trucking carrier, filed for Chapter 11 bankruptcy due to the "Great Freight Recession," marking the longest downturn in trucking history. This highlights a severe industry ...

The freight industry is currently experiencing a severe downturn characterized by weak volumes and financial challenges for carriers and brokers. A significant "capacity purge" is anticipated, ...

(Photo: Jim Allen, FreightWaves. Two conflicting blog posts from the American Trucking Associations, published just six months apart, reflect growing criticism over the organization’s shifting stance ...

Old Dominion Freight Line reported better-than-expected Q3 earnings and revenue, exceeding analyst forecasts despite a 4% year-over-year revenue decline. Significant tonnage declines (9% ...

Truckload broker Landstar System said dry van freight demand remains soft but noted continued strength in flatbed volumes. It also reported a small increase among its exclusive carrier base, which is ...

Yellow Corp. has entered agreements to sell four terminals for $6.1 million as its liquidation process nears its end.