Susquehanna

Why Susquehanna is getting bullish on trucking

The truckload market enters 2025 showing signs of stabilization after nearly three years of freight recession. While earnings remain depressed across the sector, Susquehanna analyst Bascome Majors sees reasons for optimism that the industry is poised for recovery over the next two years. In a Friday client note, Majors writes that “tangible signs of progress are still incremental – a holiday peak with seasonal lifts in tender rejection rates and slightly super-seasonal dry van spot rates,...

https://www.freightwaves.com/news/why-susquehanna-is-getting-bullish-on-trucking

Loaded and Rolling: J.B. Hunt and Wabash make a deal; Susquehanna trucking outlook

J.B. Hunt and Wabash cut multiyear trailer deal
(Photo: Jim Allen/FreightWaves)

Wabash and J.B. Hunt Transport have signed a multiyear deal that will supply J.B. Hunt with 15,000 trailers. The size and scope of the pact are significant, as the past two years saw pandemic-related supply chain disruptions throttle up new trailer orders, causing the average age of existing trailers to rise. Older trailers mean more maintenance costs. 

“The deal — the exact length was undisclosed — is significant,”...

https://www.freightwaves.com/news/loaded-and-rolling-jb-hunt-and-wabash-make-a-deal-susquehanna-trucking-outlook

Shared truckload provider Flock Freight reaches unicorn status with Series D

Digital logistics provider Flock Freight announced Wednesday that it has raised $215 million in Series D financing led by SoftBank Vision Fund 2 with participation from new investors Susquehanna Private Equity Investments LLLP and Eden Global Partners and its existing investors, SignalFire, GLP Capital Partners and GV, formerly Google Ventures.

The company’s last raise took place in November for $113.5 million, valuing the company at $463.5 million.

Almost a year later, with 325% year-to-date...

https://www.freightwaves.com/news/shared-truckload-provider-flock-freight-reaches-unicorn-status-with-series-d

Mother’s Day Truck Convoy helps Make-A-Wish children

The Make-A-Wish Philadelphia, Delaware and Susquehanna Valley chapter will continue its annual Mother’s Day tradition of hosting one of the world’s largest fundraising truck convoys.

The 2021 Make-A-Wish Mother’s Day Truck Convoy will take place May 9 in Lancaster, Pennsylvania.

The convoy provides funding more than 75% of the wishes granted for the Susquehanna Valley chapter, which includes areas of New York, Pennsylvania and Maryland.

This year, Make-A-Wish has set the events fundraising goal at...

https://s29755.pcdn.co/news/mothers-day-truck-convoy-helps-make-a-wish-children