U.S. Bank reported a recovery in the U.S. truck freight market during the second quarter of 2025, with national shipment volumes increasing 2.4% sequentially and spending up 1.2% compared to the previous quarter—the first such gains in three years. All five U.S. regions showed sequential growth in freight volume, with the Southwest leading at a 6.7% increase. While year-over-year shipment volumes remained down by 9.8%, this was the smallest decline since Q3 2023. The Northeast led in year-over-year growth, with shipments up 2.7% and spending up 3.7%, driven by housing starts and auto sales. Regional performance varied, with the West showing modest gains, the Midwest seeing its largest quarter-over-quarter increase in three years, and the Southeast experiencing a slight sequential rise despite ongoing challenges in manufacturing and consumer activity. The U.S. Bank Freight Payment Index, which tracks freight shipment and spending data from transactions processed through the U.S. Bank Freight Payment platform, provides insights to help shippers and carriers make business decisions.

The US trucking industry is experiencing a prolonged decline, with predictions of recovery repeatedly thwarted by Washington's trade war. The US Bank Freight Payment Index, which tracks $43bn in freight payments, shows a decline in the first quarter, highlighting ongoing economic challenges.

PowerFleet, Inc., founded in 1993 and headquartered in Woodcliff Lake, New Jersey, provides wireless IoT asset management solutions in the United States, Israel, and internationally. The company offers real-time intelligence, hosting, maintenance, and support services, as well as Software as a Service (SaaS) products. PowerFleet operates under the brands PowerFleet, Pointer, and Cellocator, serving various sectors including manufacturing, automotive, wholesale and retail, pharmaceutical, construction, mining, homeland security, aerospace, defense, and vehicle rental, logistics, shipping, and freight transportation.

Old Dominion Freight Line, Inc [ODFL] experienced significant analyst upgrades and insider trading activity, with shares rising by 7.47% over the last five days. Analysts from Citigroup, Truist, and Deutsche Bank have all upgraded their ratings, with Citigroup raising its price target to $183. Insiders, including Satterfield Adam N and Gantt Greg C, have been actively trading shares, with Satterfield adding 2,457 shares and Gantt selling 6,414 shares. ODFL's stock price has fluctuated, reaching a 52-week high of $209.61 and a 52-week low of $145.79.

Old Dominion Freight Line, Inc. reported a stronger-than-expected earnings performance in Q1 2025, with earnings per share (EPS) at $1.19, surpassing analyst expectations of $1.14. The company highlighted operational efficiencies and disciplined cost management as key drivers for improving yield management and maintaining market share despite the domestic economy's softness.