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News
Noble Supply & Logistics Commences Voluntary Chapter 11 Proceedings to Pursue a Value-Maximizing Sale, Restructuring, or Other Path Forward
1+ week, 6+ day ago (446+ words) Noble Equity Holdings, LLC (together with its affiliates, "Noble", "Noble Supply and Logistics", or the "Company"), a leading provider of mission-critical logistics, supply chain, and product solutions to U.S. federal government, commercial, and international customers, today announced that it and certain…...
Rail Freight Forecast: Coal Volumes Set for SHOCKING Q4 Uptick?
1+ week, 5+ day ago (144+ words) "The confluence of those two events is what we wanted to highlight in this most recent report," Harrell said, referring to the volume growth forecast and the potential acceleration of the DOT-111 retirement timeline. Telegraph forecasts under 1% year-on-year coal carload…...
Freight bankruptcies pile up as carriers, logistics firms seek court protection
2+ week, 2+ day ago (972+ words) Why it matters: The latest bankruptcy filings show financial pressure continuing to work through the freight economy, with both small carriers and larger logistics and distribution companies confronting debt loads, thin asset bases and restructuring challenges. A wave of bankruptcy…...
Is Trucking Headed for a Multi-Year Recovery?
3+ week, 4+ day ago (68+ words) The freight market is undergoing its most significant structural shift since deregulation, with 20-25% of for-hire truckload capacity exiting. RXO’s Jared Weisfeld explains why this supply-driven correction, fueled by ongoing government enforcement and rising operating costs, points to a multi-year recovery…...
Einride strikes deal to add 500 Tesla Semis to its fleet
3+ week, 5+ day ago (285+ words) Swedish electric and autonomous trucking company Einride said on Tuesday it plans to buy 500 Tesla Semis and make the electric big rigs available to its customers, which include Amazon. The Tesla Semis will be added in phases to Einride's fleet…...