FreightWaves

Don’t miss your chance to be part of the center of the action in Chattanooga at F3: Future of Freight Festival. Explore opportunities to get engaged at F3, and reserve your spot today. vist.ly/42kwt

1 in 4 LTL shipments is getting re-rated. With density-based classification now the standard, bad data at the dock = surprise invoices, delays, and strained carrier relationships. @ODFL_Inc fixed it and dropped re-rates from 25% → 1%. How? ↓ vist.ly/42kwh

Should everyone own a truck? Absolutely not. You can be the best driver on the road, but if you’re "horrendous at paperwork," the government will shut you down. Ownership is as much about the desk as it is about the dashboard. Full episode: vist.ly/42kth

WHAT THE TRUCK?!? x.com/i/broadcasts/1…

Multimodal transportation provider Schneider National used cost controls and improved pricing to offset weather disruptions and surging fuel costs during the first quarter. Schneider (NYSE: SNDR) reported adjusted earnings per share of 12 cents in the period, which was 2 cents above consensus but 4 cents lower year over year. Consolidated revenue of $1.4 billion was in line with the prior year and just below the $1.42 billion consensus estimate. vist.ly/42kp8

Port Houston has secured a $48 million federal grant to expand and modernize its Bayport Container Terminal, a move aimed at boosting capacity, easing truck congestion and strengthening supply chain resilience along the Gulf Coast. vist.ly/42km8

A Kentucky congressman who represents the district where United Parcel Service’s Worldport air hub is located has asked the Federal Aviation Administration to permanently ground the McDonnell Douglas MD-11 fleet following the deadly crash of UPS Flight 2976 in Louisville last November. vist.ly/42kas

Stop assuming higher diesel prices = higher spot rates. The data proves it: When Russia invaded Ukraine, diesel spiked while spot rates collapsed. Why? Because the market doesn't care about a carrier's "plight"—it only cares about capacity. See the full State of Freight webinar: vist.ly/42k7j

The biggest mistake new owners make? Overextending on equipment right at the start. There is a "sweet spot" for equipment—find it without over-leveraging yourself for the sake of appearances. Full episode: vist.ly/42k77

🚨 Today's FreightWaves Morning Minute is live! Here is what you need to know: ✅ Trucking: Schneider beats Q1 estimates ($0.12 EPS) as structural supply rationalization takes hold. ✅ Tech: Aurora & Hirschbach ink a massive deal to put 500 autonomous trucks on the road by 2027. ✅ Maritime/Fuel: Trans-Pacific ocean rates spike as the Strait of Hormuz blockade pushes Brent crude over $121/bbl and diesel over $5/gal. Watch the full breakdown here 🎥👇

How an Executive Order reshaped highway safety: On April 28, 2025, President Trump signed an executive order that launched the most aggressive commercial driver safety enforcement campaign in American history. Twelve months in, the results are in. vist.ly/42k3n

The North American freight market has officially turned the corner. After more than three years of subdued rates following the COVID-era boom, carriers have exited the market in droves, regulatory headwinds have further crimped capacity, and freight volumes are once again climbing. The result, according to Traffix’s newly released Q2 2026 Market Update, is a rapidly tightening environment where spot and contract rates are surging and shippers are being forced to rethink budgets that were built for last year’s softer conditions. vist.ly/42jve

The FBI is now warning about a surge in cargo theft tied to cybercriminals. The concern is valid. The timing is behind. For much of the freight industry, this is not new information. It is confirmation of a shift that has already taken hold. vist.ly/42jmc

Full Webinar: youtu.be/AdkEkohE-t4

Should shippers hold the line on rates… or act now to secure capacity? On the State of Freight Webinar, hear Craig Fuller real advice he shared when a $100M shipper asked him that question. 👇

MOTUS is the USDOT’s next-generation registration platform, designed to streamline processes, improve verification, and connect multiple agencies in one place. Learn more about it on the latest Brake Check with Charles Gracey.

Full Webinar: youtu.be/AdkEkohE-t4

Is the freight market actually softening… or just pausing? On the State of Freight Webinar, Zach Strickland and Craig Fuller break down why April may feel slower, but the SONAR data tells a VERY different story.

Full Webinar: youtu.be/AdkEkohE-t4

On this month's State of Freight Webinar, Craig Fuller explains why he’s no longer “on an island” with his bullish outlook on the freight market, and how earnings calls and economic data are backing it up. Check out the Full breakdown from Craig & Zach Strickland.