Brought To You By

Learn More

On The Desk

Regulation & Liability

Big carriers keep FMCSA’s crackdown alive, Fuller says

In his keynote at Optym’s Convergence 2026 conference, FreightWaves founder and CEO Craig Fuller told small carriers and brokers not to count on relief from a change in administration, because the biggest fleets, the American Trucking Associations and the Truckload Carriers Association now see tighter driver standards as essential. He tied together the federal push on non-domiciled CDLs, the Supreme Court’s 9-0 ruling in Montgomery v. Caribe Transport II that opened brokers to state negligent-hiring suits, and the $604 million Lipe v. Lupus Superior verdict, in which a Dallas County jury found C.H. Robinson 23% responsible. His argument is that fewer cheap carriers to hire plus more liability for the ones brokers do hire adds up to the most transformative stretch since deregulation in 1980. His prediction: asset carriers win this round. C.H. Robinson has said it will appeal, and Justice Kavanaugh wrote that brokers who act reasonably should be able to defend against these suits.

Thomas Wasson  |  November 7, 2026  |  Read More →

Earnings

Stronger revenue at Uber Freight, but profits still elusive

Uber Freight posted record third-quarter gross bookings of $1.768 billion, up 35% from a year earlier according to Uber’s earnings release, but the segment still lost $33 million at the operating level, an 18% improvement from a $40 million loss a year ago. CEO Rebecca Tinucci highlighted on LinkedIn that U.S. and Canada brokerage volume grew 36% in a flat freight market, revenue per load rose about 8%, and loads per day per head rose about 10%. She also said the quarter absorbed $17 million of investments in employee liquidity programs and other initiatives, and called it the company’s strongest since she joined while acknowledging how far there is to go. Several of those operating figures come from her post rather than Uber’s release.

John Kingston  |  November 4, 2026  |  Read More →

The Stack

Funding & Tech

Conlio raises €6.4M to automate freight document checks

Berlin-based Conlio announced a €6.4 million (about $7.1 million) round led by Piton Capital, with participation from Haufe Group Ventures, WaVe-X (WALTER GROUP’s venture arm), F-LOG Ventures (FIEGE’s fund) and existing backers. Its software checks CMR consignment notes, proof of delivery and carrier invoices for completeness and accuracy before a forwarder pays a carrier or bills a customer. Conlio says it can automate more than 90% of those checks and lift a forwarder’s EBIT by up to 30%. The release names no customers or revenue and doesn’t say how those figures were measured, so treat them as the company’s own estimates. Funds go toward hiring and expanding across Europe.

Thomas Wasson  |  November 6, 2026  |  Read More →

Policy & Regulation

What trucking can still get from a lame-duck Congress before Jan. 3

With Democrats taking both chambers, contributor Rob Carpenter argues the real window for trucking policy is the roughly 60 days before the 119th Congress ends on Jan. 3. In his view, stand-alone trucking bills rarely move and only must-pass legislation does, so the Dec. 11 funding deadline is the main vehicle. He expects a clean highway extension, with bills such as the BUILD America 250 Act and Dalilah’s Law dying in their current form. The Combating Organized Retail Crime Act, which passed the House 348-60 and targets cargo theft, is his best shot at a freight win. He also warns that much recent enforcement rests on agency memos and rules rather than statute, and expects fraud, identity and chameleon-carrier provisions to be the likeliest to survive a rewrite in 2027.

Rob Carpenter · Contributed Content  |  November 9, 2026  |  Read More →

Tweet Of The Week

Contract Logistics

GXO’s contract wins surge 34%, but growth comes amid cost pressures

GXO reported third-quarter revenue of $3.59 billion, up 5.7%, with organic growth of 6.4% and adjusted EPS of $0.89 versus $0.79 a year ago. New business wins hit $375 million, up 34%, and the sales pipeline reached a record $3.1 billion, with North America’s share up more than 80%. Data center, aerospace and defense work is driving much of it. The cost side is the catch: adjusted EBITDA was flat at $251 million, a 7.0% margin versus 7.4% a year ago, as GXO paid for outside consultants to launch several large accounts at once. CEO Patrick Kelleher called that specific to the quarter and said the company is building up its own implementation team. Free cash flow fell to $85 million from $187 million, and GXO kept its full-year guidance.

Noi Mahoney  |  November 4, 2026  |  Read More →

Watch