Werner

The 36th Annual State of Logistics Report highlights the challenges facing the truckload sector, the largest segment of the $387 billion trucking market. With tariffs on foreign goods affecting freight volumes, major carriers like J.B. Hunt, Knight-Swift, and Werner Enterprises are experiencing declines, particularly in intermodal and TL pricing.

President Donald Trump’s on-again, off-again threat of major tariffs on the United States’ closest allies, Canada and Mexico, have earned the thumbs down from freight officials and financial interests.

Join this webinar to learn how Werner has revolutionized cross-border freight operations with innovative logistics strategies, state-of-the-art facilities, and tailored solutions to streamline supply chains between the U.S. and Mexico.

Our top trucking correspondent takes his annual look at what federal regulators are now seeking from trucking as well as the potential impact those changes will have on rates and costs.

As large, publicly held TL carriers report their second-quarter earnings, they are trying to fill remaining capacity with whatever freight they can find in the sector. The hope is normal “seasonality” and TL freight demand returns in 2025.

Truckload (TL) shippers face increasingly tough market conditions as the $403 billion market is set to tighten by Q1 2025, according to FTR’s Avery Vise. Analysts agree the market has bottomed out, and carriers like Knight-Swift and Werner are cautious about committing capacity at current rates. Shippers should expedite TL sourcing events to avoid skyrocketing rates if the economy rebounds. Knight-Swift and Landstar report drops in volumes, while Werner grows dedicated segment revenue despite competitive pressures. In rail and intermodal sectors,...

The best fleets, buffeted by higher costs and now increasing environmental mandates, manage to stay ahead of competition through vision, strategy, and execution. But in the end, executives say it’s their people who make the biggest difference.

If shippers think implications from pending truck regulation issues don’t affect them, they’d be wrong. Most of these proposed regs around alternative fuels and speed have a direct impact on truck capacity and costs—and eventually rates.

The chief executive of one of America’s largest trucking fleets is warning of the unintended consequences of “an avalanche” of state and federal mandates for electric trucks.

As the $830 billion trucking industry prepares for what could be the first full “normal” year since the pandemic caused tidal waves in supply/demand cycles, the “best of the best” are concentrating on strategy, operations and execution. Our trucking correspondent examines what’s ahead for trucking in 2023.

The decades-long and ever-perplexing truck driver shortage—estimated in excess of 80,000 by the American Trucking Associations—has eased somewhat, according to leading trucking executives. In exclusive interviews with LM, top executives say years of pay increases have apparently paid off in better retention and recruitment of qualified drivers.

Shippers hoping to capitalize on excess capacity in the trucking industry are advised to act fast as top trucking executives say they expect boom times in the second half of this year. Meantime, those executives are bracing for a so-so first half followed by what they hope will be a solid second half of 2023.

Omaha, Neb.-based Werner Enterprises, a global freight transportation and logistics services provider and the nation’s seventh-largest truckload carrier, said this week it has acquired Tampa, Fla.-based Reed Transport Services Inc. and RTS-TMS Inc., through the signing of a definitive agreement and closing on the acquisition of 100% of Reed’s stock.

Werner Enterprises, already the sixth-largest carrier in the TL market with $2.7 billion in revenue last year, expanded its terminal, fleet and driver footprint in mid-America by purchasing Milan, Ind.-based Baylor Trucking. Terms were not disclosed.

Werner officials said that bringing NEHDS into the fold will allow it to integrate the company into its existing nationwide final mile home delivery network, for big and bulky products, and also provide current and existing customers with an expanded menu of service offerings.