91��Ƶ

Carrier Logistics, a provider of freight management software for LTL carriers, launched a software tool that uses artificial intelligence to extract shipment data from bills of lading.

The carrier reported Q3 revenue totaling $1.05 billion, compared with $1.06 billion in the prior-year period. However, operating expenses jumped 7% to $993.5 million from $928.1 million.

Volume at the truckload division is taking a beating from tariffs, canceled infrastructure projects and the recent U.S. federal government shutdown, executives told analysts.

The company posted a $271 million profit in Q3 2025, down 12.2% compared with $308.6 million last year. Revenue was $1.41 billion, a 4.3% decrease compared with $1.47 billion.

AAA Cooper Transportation, Midwest Motor Express and DHE Transportation would all be housed under the one brand from the start of 2026, President and CEO Charlie Prickett wrote.

Dynamic pricing is not new to the trucking industry, but momentum is growing and may be at a tipping point in the LTL and 3PL segments, CSCMP Edge 2025 attendees were told.

Marshall Witt's appointment marks a return to familiar ground. He spent 15 years at FedEx earlier in his career, including in senior finance leadership positions at FedEx Freight.

The U.S. Court of Appeals for the Third Circuit affirmed a September 2024 decision by Judge Craig Goldblatt that left Yellow on the hook for $6.5 billion in claims by the pension plans.

On a panel at the FTR conference, when asked how the reclassification was going so far, Echo Global Logistics Senior Vice President Marty Martin said: “I’d put it in the TBD category.”

Three more less-than-truckload service terminals once operated by Yellow are close to finding new owners, including two in Canada, according to a court filing.