The trucking industry is expected to slowly improve next year even as market headwinds and uncertainty leaves many unknowns heading into 2025.

Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin off its LTL division into a separate, publicly traded company.

The Port of Long Beach achieved its busiest November ever by increasing to 884,154 containers from 731,033 last year. This surpasses the previous record for the month set in November 2020.

The Memphis, Tenn.-based transportation services company on Dec. 19 reported net income of $740 million, or $3.03 a diluted share, for the three months ending Nov. 30.

U.S. trailer orders experienced another month trending below the year-ago results in November, ACT Research reported.

U.S. retail sales of medium-duty trucks declined sequentially and on a year-over-year basis in November, according to data from Wards Intelligence.

The trucking industry continued to be defined by a market trough this year, but one that has shown some minor signs of improvement.

The leader of International Motors said an eventful year marked by key product launches for the truck and engine manufacturer was encapsulated by a corporate rebrand.

Sales increased 3.3% to 19,658 units from 19,027 during the same time last year. They decreased 5.8% from the 20,859 units reported in October.

The DHL 2024 Peak Season Shipping Survey revealed Nov. 19 that 48% of small and medium-sized enterprises expect a year-over-year increase in holiday sales.