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TRUCKING

 

Old Dominion Freight Line Reports Third Quarter 2025 Earnings Per Diluted Share of $1.28

Old Dominion Freight Line Press Release October 29, 2025

Marty Freeman, President and Chief Executive Officer of Old Dominion, commented, “Old Dominion’s third quarter financial results include decreases in both revenue and earnings per diluted share. The decrease in our third quarter revenue was primarily due to a 9.0% decrease in our LTL tons per day, which was partially offset by an increase in our LTL revenue per hundredweight. The decrease in our LTL tons per day reflects a 7.9% decrease in our LTL shipments per day and a 1.2% decrease in our LTL weight per shipment that is generally indicative of softness in the macroeconomic environment.

 

UPS reports Q3 revenue decline, amid strong pricing and lower volumes

Logistics Management Jeff Berman October 28, 2025

U.S. Domestic Package Revenue, at $14.2 billion, was off 2.6% annually, due to an expected volume decline that UPS said was partially offset by increases in air cargo and revenue per piece, with the latter up 9.8%, at $13.47, and total average U.S. daily package volume off 12.3% annually, to 16.1 million.

Link: UPS 3Q25 Investor Presentation

 

UPS Cuts 48,000 Jobs in Management and Operations

The Wall Street Journal Esther Fung and Connor Hart October 29, 2025 $Subscription Based

United Parcel Service has cut 48,000 management and operations positions, the company disclosed Tuesday when it reported earnings.

Of those roles, 14,000 were management positions and 34,000 were jobs in operations. The reductions came through layoffs and buyouts, the company said.

Related: Transport Topics/Bloomberg News UPS Stuns Wall Street With Strong Profit and 34,000 Job Cuts

 

Why UPS Is Increasingly Turning to Gig Drivers for Deliveries

The Wall Street Journal Esther Fung October 29, 2025 $Subscription Based

Instead of the iconic brown trucks, UPS has been funneling smaller, lower-value parcels to gig drivers who use their personal vehicles to make deliveries.  

 

UPS volumes grow overseas in Q3 as China-to-US shipments drop 27%

Journal of Commerce William B. Cassidy October 28, 2025 $Subscription Based

International package volume is growing at UPS, but not in lanes touching the US, the global logistics company said in its third-quarter earnings call Tuesday.

 

ATA economist: Trucking must cut capacity to survive tariff-fueled downturn

Fleet Owner Jade Brasher October 28, 2025

“These continue to be unprecedented times,” Costello said to a crowd of truckers, fleet owners, and industry leaders here at the organization’s annual Management Conference & Exhibition. “We saw the green shoots (at the beginning of the year), and they are gone.”

 

 

INDUSTRY

 

National diesel average heads up, after falling for three weeks, reports EIA

Logistics Management October 28, 2025

Following three weeks of declines, the national average price per gallon of diesel gasoline headed up this week, according to data issued today by the Department of Energy’s Energy Information Administration (EIA).

With a 9.9-cent increase, the national average price per gallon came in at $3.718 per gallon.

Links: U.S. Energy Information Administration  Gasoline and Diesel Fuel Update  and Weekly U.S. No 2 Diesel Ultra Low Sulfur (0-15 ppm) Retail Prices (Chart)

 

Sentiment growing for 2026 rebound in US imports after late-2025 decline

Journal of Commerce Peter Tirschwell October 28, 2025 $Subscription Based

Are the odds growing for a recovery in US imports next year from what are expected to be soft late-year 2025 volumes? Some analysts are beginning to think so, although there remains considerable debate about the strength of 2026 volumes.

 

 

TECHNOLOGY

 

How Are Companies Using AI? A New Survey Has Answers

The Wall Street Journal Ray A. Smith October 28, 2025 $Subscription Based

If there was any doubt about corporate leaders’ comfort with AI, the report indicates that doubt is no longer a factor; 82% of the executives say they personally use generative AI once a week, and 46% now use it daily. In 2023, the first year of the survey, fewer than 37% said they used it once a week.

Link: Knowledge At Wharton Accountable Acceleration: Gen AI Fast-Tracks Into the Enterprise

 

Trucking Leaders Balance AI Promise and Workforce Risks

Transport Topics Connor D. Wolf October 28, 2025

“For me, AI means automation,” said Karol Smith, director of transport compliance at Estes Forwarding Worldwide. “It equates to automation. For Estes, we look at automation as support tools. It’s an integral part of our daily life working. It integrates our transport team with the operations team, safety, maintenance, finance.”

 

BUSINESS AND THE ECONOMY

 

Tens of Thousands of White-Collar Jobs Are Disappearing as AI Starts to Bite

The Wall Street Journal Lindsay Ellis et al. October 28, 2025 $Subscription Based

Behind the wave of white-collar layoffs, in part, is the embrace by companies of artificial intelligence, which executives hope can handle more of the work that well-compensated white-collar workers have been doing. Factors driving slower hiring include political uncertainty and higher costs.

Related: BBC The AI job cuts are here - or are they?

 

 

 

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