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 on the cusp of its largest capacity purge in history, projected to eliminate up to 600,000 active drivers (17% of the workforce). This significant reduction is primarily driven ...

(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 results for the third quarter on Wednesday ahead of the market open. Volume declines were again partially offset by higher yields and cost ...

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.