FreightCasts

In this episode, we kick things off by examining a massive cybersecurity crisis affecting some of the logistics industry's biggest players. A relatively new criminal gang called Whitearmor has launched targeted attacks since late October, and J.B. Hunt, Ryder System, and Echo Global Logistics have all been hit with multimillion-dollar ransom demands. The gang claims to hold vast amounts of employee records, carrier contacts, and invoices, and all three companies now face federal lawsuits from employees alleging they failed to protect personal information.

Meanwhile, federal authorities are cracking down hard on labor violations...

Malcolm Harris and Michael Vincent kick off the new format with a packed headline block. CBP finds more than 1,000 pounds of meth hidden in a load of leeks at the Texas border. Highway’s Q3 Freight Fraud Index shows hijacked email accounts behind 40% of stolen loads. Nvidia hardware goes missing somewhere between Oakland and Fort Worth. The RICO suit against C.H. Robinson and TQL gets a jury date of 2028. And two Georgia men are charged in a $760,000 fuel card scheme that ran for five months before anyone noticed. Then four guests take the hot seat:

Steve Sh...

Truckload spot rates are up 52% year over year, October set an all-time intermodal record, and AI agents are now booking more than 40% of one broker’s loads. FreightWaves Today for November 11, 2026 covers the full freight market.

In this episode, we cover the $760,000 fuel card fraud case, Wing’s $125 million drone factory, and Uber Freight’s restructuring. We also have the weekly SONAR freight market update, the new SONAR MCP connector for AI tools, rail traffic from Trains magazine, and interviews on AI in freight brokerage and fleet compliance. What’s in this episode:

📰 Top freight headlines F...

In this episode, we kick things off by examining a massive federal fraud case that highlights how vulnerable fuel providers can be to identity impersonation schemes. Two Georgia men face federal charges in a $760,000 fuel-card fraud operation that exploited a legitimate Michigan trucking company's identity. The elaborate scheme involved altered documents, unauthorized credit applications, and eight Pacific Pride fuel cards that generated unpaid purchases across twenty-three states before prosecutors charged both defendants with wire fraud, mail fraud, and unauthorized access device crimes.

Next, we explore Alphabet's Wing and its aggressive bet on the future...

Is peak season real? Truckload tender rejections hold near 12.9%, about double last year, and the Nvidia chip cargo theft shows how exposed freight is to fraud. FreightWaves Today for November 10, 2026 covers it. In this episode, we break down the freight market with data from FreightWaves SONAR. We cover truckload rejections, volumes, reefer capacity, diesel prices, air cargo, drone delivery, and the AI agents now booking freight. What’s in this episode: 📉 Truckload market and peak season outlook: Outbound Tender Rejections are flat at about 12.5–12.9%, roughly twice last year’s level. Tender volumes are up 12% year over year and 3% from October...

🔥 BRAKE CHECK went LIVE from the Stars, Stripes & White Lines Truck Show at EchoPark Speedway outside Atlanta, Georgia, thanks to the Bennett Family of Companies!

We traded the boardrooms, industry predictions, and doom-and-gloom headlines from trucking media for the REAL heartbeat of American trucking: THE PEOPLE!

In this episode: THE EXTINCTION DEBATE: Are American trucking companies really disappearing, or is somebody selling a narrative that doesn’t match reality? REAL OWNERS, REAL STORIES, REAL TRUCKING. We sit down with the owner of Storlie Construction and the owner of Lifetime Nut Covers to hear firsthand from the p...

In today’s Morning Minute, a massive RICO lawsuit filed by a coalition of carriers against brokerage giants C.H. Robinson and TQL won’t reach jury selection until April 3, 2028, 17 months away. TQL is pushing to move the case to state court in Ohio based on forum selection clauses, with a scheduling conference set for November 23. In ocean freight, China-based COSCO Shipping Holdings reported an 81% surge in third-quarter profit to about $2.58 billion, with revenue up 29% to $11.34 billion as geopolitical disruptions forced longer voyages and kept container rates elevated. Trans-Pacific revenue rose 61% on just 13% volume growth. Finally, six pallets of Nvid...

In this episode of #WithSONAR, we walk through SONAR’s Intermodal pricing tool in Rate Intelligence, helping you compare truckload and intermodal rates, track market trends, and identify potential conversion savings across your network.

Learn how to:

Compare intermodal spot and contract rates against truckload pricing.

Track rate trends and domestic and international intermodal volume.

Calculate potential conversion savings using your current contract rates and annual load volume.

Analyze long-term lane-level rate and demand trends to identify opportunities to reduce transportation costs.

📩 Have questions? Reach out to cs@go...

On Monday’s freight edition of FreightWaves Today, the team reflects on a week at the Up Summit and Cape Week, then dives into the day’s top transportation and supply chain stories, guest interviews, and the latest freight market data from Sonar.

In this episode:

🚀 Up Summit takeaways: Reflections on the future of aviation and aerospace, how autonomy, flying taxis, and drone delivery could reshape cargo and even where people choose to live, and why public-private partnerships and government-funded innovation matter

📰 Top headlines:

In this episode, we kick things off by examining a strong financial performance from one of the nation's largest Class I railroads. Listen in to learn how BNSF's third-quarter earnings rose 19.3% to $1.73 billion as higher freight volumes and improved operating efficiencies helped offset increased fuel costs. Operating revenue growth substantially exceeded shipment growth, demonstrating strong pricing power in the current market and providing a larger contribution to parent company Berkshire Hathaway during a period when its overall operating earnings declined.

Next, we explore the retail sector where ultra-fast delivery is taking to the skies in a massive...

Innovation is taking flight—and the future of freight, logistics, aviation and space is changing faster than ever.

On this episode of FreightWaves Today, we're broadcasting from the Up Summit at Kennedy Space Center in Cape Canaveral, Florida, where some of the world's most innovative companies and technology leaders are exploring what's next for transportation, robotics, autonomous systems and space commercialization.

We sit down with Robert Rose, founder and CEO of Reliable Robotics, to discuss the future of autonomous aviation and what pilotless cargo aircraft could mean for the freight industry. From retrofitting existing aircraft wi...

Join FreightWaves Today live from Cape Canaveral, Florida, at UP.Summit, where the innovators, founders, government leaders and defense industry executives shaping the future of aviation, aerospace and transportation are coming together.

In this special episode, we explore how emerging technologies are transforming the way people and freight move — from autonomous aircraft and next-generation military aviation to electric cargo planes and the future of airfreight logistics.

Our conversations include:

Merlin: Founder Matt George discusses building an autonomous pilot, how AI-powered flight systems could improve aviation safety, and the potential to bring autonomy to mi...

Most small carriers start every morning the same way. Coffee, phone, load board.

They're competing with every carrier in the country for freight that's three states away, at a rate set by whoever will take the least.

Meanwhile, inside twenty miles of their own front door, there are manufacturers, distribution centers, food processors, and warehouses that ship freight every single week. Some of them have trucks lined up at the gate right now, and the carriers in that line didn't find the freight on a board. Somebody picked up a phone. Somebody walked in.

Washington writes the rules. Silicon Valley wants the wheel. Regulators control the paperwork. But who's looking out for the American trucking companies keeping this country moving?
The future of trucking is being decided, the question is, WHO GETS A SAY?
Brake Check goes LIVE from the National Association of Small Trucking Companies (NASTC) Annual Conference in Nashville, Tennessee, bringing some of the industry's most recognizable voices together for a conversation that refuses to dodge the tough questions.
Joining Charles,
- David Owen — President, NASTC
- Kevin Rutherford — Trucking business expert and industry voice
- El...

Freight markets remain tight as shippers navigate rising transportation costs, rail disruptions, and uncertainty heading into the holiday peak season. Meanwhile, the rapid growth of autonomous vehicles is raising an important question: how do we measure whether self-driving trucks and vehicles are truly safe to operate?

On this episode of FreightWaves Today, Julie Van de Kamp and Zach Strickland break down the latest freight market data, examine major transportation earnings, and welcome experts to discuss autonomous vehicle safety and the latest developments across North American rail.

In this episode:

🤖 The Future of Autonomous Veh...

In this episode, we kick things off by examining the stellar third-quarter performance at logistics giant Expeditors International, where revenue surged 42% year-over-year to $4.1 billion, heavily boosted by hyperscaler demand from tech giants building out AI infrastructure. The asset-light customs broker and freight forwarder saw diluted earnings per share climb 61% to $2.65, crushing Wall Street consensus by 42 cents, while airfreight volume accelerated throughout the quarter—rising 8% in July, 13% in August, and 19% in September.

Next, we explore the warehousing sector where contract logistics provider GXO Logistics is riding a wave of momentum with third-quarter revenue of $3.59 billion and organic revenue gr...

Live from Trimble Insight, FreightWaves Trucking Analyst Thomas Wasson sits down with Frances Kilgour, VP of Business Development & Channel Management at Drivewyze / Fleetworthy, at the Barkcast booth.In this episode of Loaded and Rolling, Frances shares insights from her trucking roots and unpacks Fleetworthy’s expanding mission around "fleet readiness"—unifying driver compliance, weigh station bypass, and toll management under a single cohesive ecosystem.

Key Discussion Points:

Freight markets are tightening, diesel prices are creating new challenges for carriers, and the latest economic indicators suggest stronger freight demand could be on the horizon for 2027.

On this episode of FreightWaves Today, Julie Van de Kamp and Malcolm Harris break down the latest headlines and welcome an impressive lineup of industry experts to discuss what’s happening across transportation, trucking, and the broader supply chain.

In this episode:

Freight Market Outlook with Chris Pickett, Chief Commercial Officer at Flock Freight: How shippers and carriers are adapting to rising truckload rates, constrained capacity, an...

Some say the American trucking company is becoming an endangered species. Small carriers are getting squeezed, regulations keep piling up, costs keep climbing, and apparently somebody forgot to tell the American trucker it's time to surrender.

But is American trucking really dying, or are we confusing a tough industry with a dying one?

On this episode of Brake Check on FreightWaves TV, Charles takes the gloves off and goes straight to the people working in the trenches.Joining the conversation are Hunter Owen, VP of Sales, and Hunter Shearer of Truck Parking Club, alongside Alex...

In this episode, we kick things off by examining a massive federal immigration enforcement operation that swept through the trucking industry last month. Federal and state law enforcement agencies ⁠arrested more than 230 undocumented immigrants during a 72-hour crackdown spanning 15 states⁠, with more than 40 commercial driver's license holders detained as part of Operation Guardian. This coordinated enforcement action signals escalating federal and state scrutiny of commercial drivers' immigration status and CDL eligibility nationwide.

Next, we explore the truckload sector where Pamt Corp. is struggling to dig out from under relentless cost pressures. The carrier ⁠reported a net loss of $8...

In today’s episode of FreightWaves Today, Julie and Zach dive into the biggest stories across the supply chain, from record-breaking electric fleet orders to shifting contract rates and Q3 earnings.

First, Cristiano Façanha from the Smart Freight Center joins the show to discuss the Zero Emission Truck Shipper-Carrier Alliance Leading Electrification (ZET-SCALE) program’s massive order of 2,500 Class 8 electric trucks, led by Tesla Semis. He breaks down how demand aggregation is bringing down high vehicle costs, why Tesla stood out, and how regional freight hubs are making widespread truck electrification economically viable.

Then, Zach...

In this episode, we kick things off by examining how artificial intelligence is dramatically reshaping freight forwarding economics. Listen in to learn how ⁠Flexport's freight volumes surged 40% while headcount grew only 5%⁠, driven by AI tools deployed across customs, routing, and engineering. The company's ocean peak started early this year, fueled partly by massive tariff refunds following a Supreme Court ruling, while data center cargo now accounts for around 8% of global air freight capacity and is projected to triple next year.

Next, we explore a sobering look at freight market history that reveals why ⁠each freight cycle over the pa...

The freight market is showing signs of a shift, and this episode of FreightWaves Today breaks down what the latest carrier earnings reveal about the direction of the industry.

Craig and Julie examine third-quarter earnings from Werner, Landstar, Old Dominion, Saia, Schneider and C.H. Robinson, highlighting improving spot market conditions, stronger truckload pricing and continued strength in the LTL sector.

The show also features an in-depth conversation with executives from Schneider and Norfolk Southern about their expanded intermodal partnership. They discuss the strategy behind the move, opportunities to convert truck freight to rail, investments...

In this episode, we kick things off by examining the freight brokerage sector's remarkable turnaround as RXO delivers adjusted EBITDA of $51 million in Q3, crushing its own forecast and marking the second consecutive quarter of profitability after years of spotty net income performance. The Charlotte-based broker's truckload segment shifted heavily toward the spot market, which accounted for 59% of volume in the quarter, as the company prepares for its acquisition by C.H. Robinson.

Next, we explore how the e-commerce giant is navigating a challenging logistics environment as Amazon's third-quarter shipping costs jumped 11% year over year, driven by...

Brake Check hits the ground at F3: Future of Freight Festival in Chattanooga, Tennessee, for an inside look at the technology, trends, and relationships shaping the future of freight. Charles Gracie sits down with ⁠Truckstop.com⁠ to discuss AI-powered pricing, rate transparency, and why human oversight still matters as freight companies embrace new technology. Then, trucker and industry advocate Larry Cothran shares his perspective on the innovations, connections, and opportunities drivers need to know about to stay ahead of the curve. From AI and smarter workflows to next-gen trucking technology, this episode explores what it takes to turn industry inno...

On today’s episode of FreightWaves Today, Malcolm Harris and Zach Strickland break down the latest freight market developments, third-quarter earnings and the supply chain challenges shaping the road to peak season.

The show kicks off with a look at strong earnings from XPO and C.H. Robinson, along with a potential labor strike at the Ports of Los Angeles and Long Beach that could disrupt cargo flows and complicate holiday freight movement.

Then, SAIA President and CEO Fritz Holzgrefe joins the show to discuss record third-quarter revenue, pricing strategies, shipment trends, network expansion, customer se...

In this episode, we kick things off by examining the impressive third-quarter performance from one of the industry's leading less-than-truckload carriers. ⁠XPO delivered a massive earnings beat driven by aggressive pricing and operating efficiency initiatives⁠, reporting adjusted earnings per share of one dollar and seventy cents—thirteen cents ahead of consensus and sixty-three cents higher year over year. The company's LTL revenue surged seventeen percent to one point four seven billion dollars, while its adjusted operating ratio of eighty point one percent defied typical seasonal trends by improving two hundred sixty basis points year over year.

Next, we exp...

AI agents, workforce solutions, and the future of freight take center stage on this episode of WHAT THE TRUCK?!?, recorded live on Day 1 of the F3: Future of Freight Festival!

Host Thomas Wasson sits down with leaders from Evos, Sivas, and Lean Solutions Group to explore how freight companies can leverage AI, automation, and human talent to build smarter, more efficient operations.

In this episode:

BUSY TRUCKS, EMPTY BANK ACCOUNTS, WHERE'S THE MONEY?!

Your trucks are rolling...The loads are delivered....You're working harder than ever....So why does it feel like everybody's getting paid EXCEPT YOU?!

We're taking BRAKE CHECK LIVE to the floor of FreightWaves F3 in Chattanooga, Tennessee! No studio walls, no safety net, and with the freight industry's biggest players walking around us, YOU NEVER KNOW WHO OR WHAT MIGHT INTERRUPT THE SHOW!

Joining me is Jennifer Lance, COO of Apex Capital Corp., and we're digging into the business BEHIND the...

BUSY TRUCKS, EMPTY BANK ACCOUNTS, WHERE'S THE MONEY?!

Your trucks are rolling...The loads are delivered....You're working harder than ever....So why does it feel like everybody's getting paid EXCEPT YOU?!

We're taking BRAKE CHECK LIVE to the floor of FreightWaves F3 in Chattanooga, Tennessee! No studio walls, no safety net, and with the freight industry's biggest players walking around us, YOU NEVER KNOW WHO OR WHAT MIGHT INTERRUPT THE SHOW!

Joining me is Jennifer Lance, COO of Apex Capital Corp., and we're digging into the business BEHIND the truck. From unpaid...

In this special report of The Long Haul, host Adam Wingfield takes you inside the 2026 ATA Management Conference & Exhibition to discuss one of the biggest forces shaping the future of trucking: autonomous technology.

Autonomous trucks and artificial intelligence are advancing rapidly, and the industry is moving toward adoption whether everyone agrees with it or not. Adam breaks down what these developments could mean for drivers, owner-operators, and small fleet owners, from potential job displacement to improved driver quality of life and new opportunities to generate revenue.

Rather than focusing on fear and speculation, this episode...

How much liability can a freight broker face when a truck is involved in a catastrophic accident? And who should be responsible for keeping unsafe carriers off America's roads?

On this episode of Freight Expectations, we break down the legal battles, regulatory shortcomings, and industry changes reshaping freight brokerage and trucking. From the massive C.H. Robinson verdict in the Lupus Superior case to a controversial RICO lawsuit and the growing debate over highway surveillance cameras, we're tackling the issues that could redefine the future of freight.

In this episode:

In this episode of FreightWaves Today, hosts Craig Fuller and Julie Van de Kamp break down the latest quarterly earnings across trucking, rail, and logistics, launch three game-changing truckload data sets on SONAR, and dive deep into regulatory and legal challenges shaping the freight industry.

Episode Highlights:

In this episode, we kick things off by examining the powerful third-quarter performance from logistics giant Ryder, which delivered solid results with improvement across nearly every metric compared to the same period last year. Revenue climbed across all three operating segments, with used vehicle sales proving particularly robust as used tractor prices surged nineteen percent year-over-year. The strong quarter prompted Ryder to raise its full-year earnings forecast, and Wall Street responded enthusiastically by sending the company's stock up nearly six percent in early trading.

Next, we shift over to the rails to discuss how Union Pacific is...

Housing data disappoints as concerns around energy costs loom this winter. Rising energy costs are not all bad. Knight Swift’s beat explained as they outperform peers. 

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FreightWaves Today breaks down a pivotal week for the freight market, with strong earnings from Knight-Swift Transportation, Triumph Financial and Cass Information Systems offering insight into rising rates, higher operating costs and shifting market conditions. Hosts Malcolm Harris and Zach Strickland speak with Triumph Financial CEO Aaron Graft and Cass Information Systems EVP and CFO Mike Normille about their latest results, while the SONAR team examines trucking capacity, diesel prices, refinery constraints and a cooling housing market.

Knight-Swift Delivers a Major Earnings Beat

Knight-Swift Transportation reported third-quarter adjusted earnings of $0.83 per share, beating analyst expectations...

In this episode, we kick things off by examining the nation's largest asset-based truckload carrier delivering a major earnings beat that signals fundamental market momentum. ⁠Knight-Swift Transportation crushed Wall Street's consensus estimate⁠ with third-quarter adjusted earnings per share of eighty-three cents, seven cents above expectations and above its own guidance range. Revenue climbed fourteen percent year-over-year to two point two billion dollars, driven by aggressive rate increases and the truckload unit's massive seven hundred basis point improvement in adjusted operating ratio.

Next, we explore the fintech sector where ⁠Triumph Financial's CEO highlighted arrows pointing up across nearly every...

On this episode of FreightWaves Today, Malcolm Harris and Julie Van de Kamp break down the latest developments shaping freight markets, from a nearly $1 million trading card theft and alarming truck safety violations to third-quarter earnings, rising transportation costs, and the growing shift from highways to rail. Plus, Vertical Aerospace’s Michael Cervenka explains how its Valo electric aircraft could transform time-critical cargo delivery, and Trains magazine editor Bill Stephens joins the show to discuss surging rail traffic and the outlook for railroad earnings.

In this episode:

Nearly $1 Million in Trading Cards Stolen From a Fe...

On this episode of What the Truck?!, Malcolm Harris and Michael Vincent tackle some of the biggest challenges facing the freight industry, from freight fraud and cargo theft to truck safety and the legal risks surrounding serious trucking accidents. Plus, John Moore from Volvo Trucks joins the show to break down the all-new VNX and the technology changing vocational trucking.

In this episode:

Volvo Trucks Unveils the All-New VNX: John Moore, product marketing manager at Volvo Trucks, explains how the new VNX is advancing vocational and heavy-haul operations. Learn how remote steering lets drivers guide...

In this episode, we kick things off with a massive cargo heist that has investigators scrambling to reconstruct exactly how ⁠nearly one million dollars in Pokémon and sports cards vanished from a FedEx truck⁠ in Santa Ana, California. The driver discovered a missing lock and two complete pallets gone, each holding approximately one hundred packages of collectible trading cards, though detectives still don't know when or where the theft actually occurred.

Next, we explore the truckload sector where a major carrier is celebrating a critical financial turnaround as ⁠Heartland Express posted its first net profit since 2023⁠ without r...