Latest News for FRGT

MARYSVILLE, Ohio and STOCKHOLM, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Einride AB (Nasdaq: ENRD) (“Einride” or the “Company”) and EASE Logistics (“EASE”) today announced that the SAE Level 4 (L4) autonomous electric trucks are now live in daily freight operations between EASE warehouses in Marysville, Ohio. The milestone builds on the companies' May 2026 announcement and marks a new phase for the Truck Automation…

Plus, the U.S. will temporarily allow highway sales of dyed diesel, and Persian Gulf oil producers pay millions to move crude.

The improving freight scenario and cost-cutting actions bode well for the Zacks Transportation-Air Freight and Cargo industry. UPS, FDX and GXO are well-poised to capitalize on the tailwinds.

Knight-Swift Transportation is rated a buy, with both quant and Wall Street consensus supporting strong upside potential and sector-leading status. KNX's earnings power is recovering, with Q2 results beating estimates and guidance, while valuation remains discounted on forward metrics versus peers. The current freight upcycle is supply-driven, with regulatory actions removing low-quality capacity, supporting a more…

It cautioned, however, that freight rates are volatile and that the outlook is subject to a high degree of uncertainty given current and persistent geopolitical challenges.
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