News
Freight volume picked up in May to boost hopes for a second-half recovery (IYT: BATS)
4+ hour, 18+ min ago (59+ words) Seeking Alpha The Cass Transportation Index report covering May pointed to a freight market that is stabilizing, with modest volume improvement and firmer pricing supporting the view that a second-half recovery is gearing up. Freight volumes improved sequentially but remain…...
Volvo to remove safety drivers in autonomous trucks in 2027 in partnership with Aurora (VOLAF: OTCMKTS)
4+ day, 18+ hour ago (60+ words) Seeking Alpha Volvo Autonomous Solutions announced that it will remove the safety driver and go fully driverless on U. S. highways during the first quarter of 2027 with the Volvo VNL Autonomous integrated with Aurora Innovation's (AUR) Aurora Driver platform. "In 2027, we will...
Class 8 truck demand bounces in May (IYT: BATS)
1+ week, 4+ day ago (57+ words) Seeking Alpha Stefonlinton/i Stock via Getty Images The recovery in Class 8 truck orders continued in May, according to a preliminary report from ACT Research. May preliminary North America Class 8 net orders of 26. 5k units were up 103% from the level during…...
Fed Ex Freight Is Leaning Into Self-Driving Technology
1+ week, 6+ day ago (332+ words) Seeking Alpha Good morning! Here's the latest in trending: Over $1, 000! Has Micron (MU) replaced Nvidia (NVDA) as the 'IT' stock for the AI trade? Primary season: There's a lot on the ballot, especially in California and Los Angeles. Tweet and…...
Can self-driving tech power the new Fed Ex Freight?
1+ week, 6+ day ago (83+ words) Seeking Alpha Fed Ex (FDX) has finally completed the spinoff of Fed Ex Freight (FDXF), with shares of the latter trading independently to focus on what each business does best. Fed Ex (FDX) will continue to handle regular packages, online…...
Covenant Logistics Group Announces Quarterly Cash Dividend (2026-05-15)
4+ week, 2+ day ago (204+ words) --Covenant Logistics Group, Inc. announced today that its board of directors has declared a quarterly cash dividend of $0. 07 per share of Class A and Class B common stock. About Covenant Covenant Logistics Group, Inc. , through its subsidiaries, offers a portfolio…...
Covenant Logistics sees $7, 000 to $10, 000 average truck cost increase next year while signaling sequential improvement in 2026 (NYSE: CVLG)
1+ mon, 2+ week ago (17+ words) Covenant Logistics (CVLG) Q1 2026 earnings call recap: freight revenue up, margins pressured, deleveraging and April momentum....
Covenant Logistics declares $0. 07 dividend (CVLG: NYSE)
4+ week, 9+ hour ago (18+ words) Covenant Logistics (CVLG) declares a $0. 07 quarterly dividend with a 0. 81% forward yield'key dates and details inside....
Freightos: Conservative Revenue Estimates Provide A Compelling Entry Point
4+ week, 2+ day ago (114+ words) Freightos: Conservative Revenue Estimates In A Transition Year Provide A Compelling Entry Point Seeking Alpha - Consensus estimates for 2026 are conservative; with " of revenue from solutions, Freightos has strong visibility and potential for beat-and-raise quarters. - With the business model shift to…...
SCOTUS decision leaves trucking brokers exposed to accident lawsuits; shippers see higher rates (JBHT: NASDAQ)
1+ mon, 22+ hour ago (89+ words) Seeking Alpha A decision by the U. S. Supreme Court exposing third-party trucking brokers to liability in accident-related lawsuits is weighing on the transportation logistics sector. Shares of C. H. Robinson Worldwide (CHRW), Landstar (LSTR), and RXO Inc. (RXO How does the SCOTUS decision…...