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The Mondovi, Wis.-based company's results took a hammering from both the freight recession and uncertainty precipitated by the Trump administration’s tariff regime, it said April 16.

Trucking is emerging from a difficult period, and the headwinds that have plagued the industry are beginning to weaken as freight volumes improve and capacity leaves the market.

The Lowell, Ark.-based carrier ended the year slightly behind where it was during the prior fourth quarter amid efforts to reinvest and improve operations, the company reported Jan. 16.

FTR expects contract truckload rates to increase 2.2% on a full-year basis in 2025, adding that by the end of 2025, contract rates will be rising 5% year on year.

The trucking industry continued to bounce along the bottom of the freight cycle with third-quarter earnings being generally weak, according to analysts.

The outlook for truckload freight markets and rates is less cloudy after a dismal first quarter, according to carriers and analysts.

Freight forwarding and longhaul trucking for truckload experienced the highest business booms for revenue during the pandemic, a new U.S. Census Bureau transportation analysis shows.

Excess capacity in the spot market amid weakening demand has raised uncertainty over whether rates have actually hit bottom.

The truckload sector reported a strong second quarter, but there were signs that nearly two years of robust freight activity may be starting to slow.

The truckload sector continued to experience a strong pricing environment during the fourth quarter amid marginal fleet growth.