The Great Freight Recession shows no sign of letting up, as trucking company bankruptcy filings in the third quarter ending Sept. 30 surpassed filings in the second quarter. Freight carriers filed 21 bankruptcy petitions in the third quarter of 2025 compared to 20 filed in the second quarter, Equipment Finance News reported. 5 trucking companies file bankruptcy in a week Precision Express, Sept. 23 L.S. Trucking, Sept. 23 GMB Transport, Sept. 23 WBK Transport, Sept. 26, Sky Rock Trucking, Sept. 29. ...

Pamt Corp., formerly Pam Transportation Services, reported a net loss of $5.6 million, or 27 cents per share, in the third quarter, compared to earnings of 11 cents per share in the same period last year. This marks the fourth consecutive net loss for the Arkansas-based carrier. On a year-over-year comparison, the per-share results benefitted from a $3.8 million increase in gains on equipment sales (a 14-cent tailwind at a normalized tax rate). Higher interest expense was a 6-cent headwind while a decline ...

Landstar System (NasdaqGS:LSTR) Q3 2025 Earnings Call October 28, 2025 04:30 PM ET Company ParticipantsJim Todd - CFO and VPFrank Lonegro - CEO and PresidentMatt Dannegger - CFSOConference Call ParticipantsScott Group - AnalystJizong Chan - AnalystReed Seay - AnalystNone - AnalystElliot Alper - AnalystJonathan Chappell - AnalystBrandon Oglenski - AnalystStephanie Moore - AnalystOperatorGood afternoon and welcome to Landstar System, Incorporated's third quarter earnings release conference call. All lines wil ...

Landstar System (NasdaqGS:LSTR) Q3 2025 Earnings Call October 28, 2025 04:30 PM ET Speaker6Good afternoon and welcome to Landstar System, Inc.'s third quarter earnings release conference call. All lines will be in listen only mode until a formal question and answer session. Today's call is being recorded. If you have any objections, you may disconnect at this time. Joining us from Landstar are Frank Lonegro, President and CEO, Jim Applegate, Vice President, Chief Corporate Sales Strategy and Specialized Fli ...

JACKSONVILLE, Fla., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported its financial results for the 2025 third quarter. The Company reported total revenue of $1,205 million in the 2025 third quarter, compared to $1,214 million in the 2024 third quarter. Gross profit and variable contribution each also decreased approximately 1% in the 2025 third quarter compared to the 2024 third quarter. Landstar reported basic and diluted earnings per share ...

Oct 27, 2025 4:10 PM Eastern Daylight Time Custom Truck One Source, Inc. Reports Third Quarter 2025 Results and Reaffirms 2025 Guidance Share KANSAS CITY, Mo.--(BUSINESS WIRE)--Custom Truck One Source, Inc. (NYSE: CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail, forestry, waste management and other infrastructure-related end markets, today reported financial results for the three and nine months ended September 30, 2025. In the third quarter, we achieved strong year-o ...

Accessibility StatementSkip Navigation Trucker Path app users to gain access to fuel savings via the 10-4 by WEXâ"¢ app PORTLAND, Maine and PHOENIX, Oct. 27, 2025 /PRNewswire/ -- Trucker Path, the most comprehensive and relied upon mobile app for North American truckers, and WEX® (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that the fuel discounts offered on the 10-4 by WEXâ"¢ app will be available to the Trucker Path community. Continue Readi ...

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. LTL carrier XPO expects an approximately $35 million charge in its Q3 earnings due to a longstanding insurance lawsuit stemming from M&A activity, according to a securities filing. The disclosure signals an end to a case that has moved back and forth in Oregon courts for over a decade and has been tied to the company’s monumental purchase of transportation conglo ...

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief A national average of dry van contract rates has remained relatively stagnant for over two years, per DAT Freight & Analytics data capturing tens of billions of dollars worth of freight. In September 2025, the average contract rate, including a fuel surcharge, was $2.42 per mile. That’s remained higher than the national average spot rate from March ...

Chart of the Week:  Outbound Tender Volume Index, Outbound Tender Rejection Index – USA SONAR: OTVI.USA, OTRI.USA The national Outbound Tender Volume Index (OTVI) — which measures truckload demand — hit an all-time low for the month of October last week, registering a value of 9,311. This places the index roughly 19% lower than last year and 15% below 2023 for the same period. Normally, a collapse of this magnitude would trigger a corresponding drop in tender rejections and spot rates. However, nearly the ...