Rear-view: Your Monday news retrospective — 10/13/25
A stunning collapse sent shockwaves through the industry this week as digital freight brokerage Convoy abruptly ceased operations, serving as a stark reminder of the severity of the current freight recession. While this news highlights the intense market pressures, carriers did get some continued relief at the pump with diesel prices falling for the fourth straight week.
From critical updates on the proposed speed limiter mandate to the persistent operational challenges of parts shortages, this week's digest covers the stories defining the state of our industry. Get the full breakdown in our complete summary below.
Business and Market Analysis
Digital Brokerage Convoy Ceases Operations
In a stunning collapse that has sent shockwaves through the freight-tech sector, digital freight brokerage Convoy has ceased all operations. Citing the prolonged and severe freight recession, the company, once valued at nearly $4 billion, has shut down its core business and is exploring strategic options for its remaining technology, leaving its network of carriers scrambling and highlighting the intense pressures of the current market.
Read the full story at FreightWaves
Diesel Prices Continue to Fall for Fourth Consecutive Week
The national average price for a gallon of diesel fuel dropped by 5.8 cents to $4.479, according to the Energy Information Administration. This marks the fourth straight week of declines, providing carriers and owner-operators with continued relief on a major operational expense as fuel costs trend further downward.
Read the full story at Transport Topics
Government and Regulation
FMCSA Extends Comment Period for Speed Limiter Proposal
The Federal Motor Carrier Safety Administration has extended the deadline for public comments on its controversial proposal to mandate speed limiters on most commercial trucks. Citing a high volume of responses, the agency has pushed the final deadline to November 15th, giving drivers, carriers, and other stakeholders additional time to submit their feedback on the contentious rule.
Read the full story at Land Line
Safety and Operations
Parts Shortages, Rising Costs Remain Top Concerns for Maintenance Shops
According to a new survey of fleet maintenance managers, persistent parts shortages and rising labor costs remain the top challenges facing repair shops. Technicians report continued difficulty in sourcing common components like tires and brake parts, leading to increased equipment downtime and higher operational costs for fleets.
Read the full story at Heavy Duty Trucking
Technology and Equipment
Volvo Demonstrates Megawatt Charging for VNR Electric
Volvo Trucks North America recently showcased a successful demonstration of the new Megawatt Charging System (MCS) for its VNR Electric truck. The technology is designed to deliver power at up to 3 megawatts, which could potentially reduce the time to reach an 80% state of charge by two-thirds, marking a significant step in overcoming one of the main hurdles for heavy-duty EV adoption.