Industry News

The transportation industry is rapidly evolving, with companies seeking sustainable and cost-effective solutions to meet customer demands. One of the latest innovations in this space is Volvo on Demand, a truck-as-a-As Q1 earnings season unfolds, the trucking industry finds itself caught in a perfect storm of economic pressure, trade policy uncertainty, and rapid technological transformation.

Starke, Florida – In a significant and sobering development for the trucking industry, Davis Express, a long-standing, family-owned refrigerated carrier, has announced it will cease operations after 44 years in business. The company, based in Starke, Florida, cited rising operational costs, declining freight rates, and legal pressures as core reasons for its decision to shut down.

The transportation industry is rapidly evolving, with companies seeking sustainable and cost-effective solutions to meet customer demands. One of the latest innovations in this space is Volvo on Demand, a truck-as-a-service (TaaS) subscription that enables businesses to integrate battery-electric trucks into their fleets without the need for large upfront investments.

The trucking industry faces numerous risks, from economic fluctuations to regulatory changes. While some challenges are beyond a carrier’s control, others—such as driver safety and compliance—can be proactively managed. One of the most effective ways to minimize risk is through ongoing Motor Vehicle Record (MVR) monitoring.

With a new chairman and CEO, Rafael Andres Diaz-Granados, TransForce is broadening its Managed Workforce service, shifting from a customized offering for select clients to a widely available workforce solution aimed at small and midsize trucking businesses.

The trucking industry is showing signs of recovery after facing significant challenges in recent years. However, a recent “2025 Carrier Performance Trends” report by Orderful highlights that while the industry is rebounding, specialized markets remain volatile due to seasonal fluctuations and structural shifts.

After a two-year freight recession, the trucking industry is looking ahead to 2025 with optimism. Industry leaders anticipate rising freight demand, improving rates, and fewer regulatory hurdles under President Donald Trump’s second administration.

The electric and hydrogen truck manufacturer Nikola Corporation has officially filed for Chapter 11 bankruptcy protection, marking a significant moment in the zero-emission transportation industry. The company is now seeking to sell its assets through an auction and wind down operations, according to recent securities filings and a public announcement.

The U.S. Department of Transportation (DOT) has officially put an end to New York City’s congestion pricing plan, a move welcomed by trucking associations and small business owners.

In today’s competitive trucking market, fleet operators are increasingly turning to telematics solutions to improve operational efficiency. Telematics systems allow fleet managers to track vehicles in real-time, monitor driver behavior, and even assess fuel consumption.