The Morning Mile — Friday, Oct. 23
Ryder beats the quarter and talks fleet growth over EPA '27 panic, Triumph Financial names the five costs squeezing carriers, a Munich court orders Daimler and MAN cartel repayments, a coffee truck is torn apart on I-81, and rejected loads cost a median 22% more.
Summarized from CDLWire.
Good morning, drivers. Here is what you need to know to start Friday, October 23.
Ryder's strong quarter: Stock up 10.49% after Q3 earnings, rental utilization at 77%, used tractor prices up 19% — and executives say there is no EPA '27 pre-buy surge, just fleets getting ready to grow.
The cost squeeze, itemized: Triumph Financial grew transportation revenue nearly 38% in Q3; CEO Aaron Graft lists driver pay at $0.70 a mile and up, diesel, insurance, equipment and financing as the five pressures on carriers.
Cartel repayments ordered: A Munich court says MAN owes buyers back 5% of heavy-duty truck prices from 1997–2009 and Daimler Truck 3.7% — a benchmark for billions in European claims.
I-81 work-zone crash: A semi tore apart a coffee truck stopped in a construction backup in Silver Spring Township, Pennsylvania; the driver was trapped for 20 minutes and freed by rescue crews.
Rejection premium: SONAR data shows second-tender loads cost a median 22.02% more all-in and third-tender loads 26.44% more, with premiums spiking past 30% in tight weeks.
That's the mile. Drive safe — full stories are on the homepage.
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