Morning Minute | Allegiant Acquires Sun Country, Wireless Truck Charging & STG Logistics Files Chapter 11

On today’s FreightWaves Morning Minute, we discuss Allegiant Air’s $1.5 billion acquisition of Sun Country Airlines, a merger heavily supported by Amazon through the addition of two extra cargo jets. This strategic move allows the combined company to leverage year-round cargo revenue to offset the seasonality of leisure travel, with cargo earnings expected to top $215 million this year. In technology news, researchers at Purdue University have successfully demonstrated the ability to wirelessly charge a heavy-duty truck while it travels at highway speeds. By delivering 190 kilowatts of power through pavement-embedded coils, this breakthrough could drastically reduce the need for massive EV batteries and allow carriers to haul more freight. STG Logistics has filed for Chapter 11 bankruptcy protection, utilizing a pre-negotiated deal to eliminate nearly $1 billion in debt while securing $150 million in new capital. Company leadership insists this is a restructuring rather than a liquidation, aiming to use the fresh funding to support operations and emerge from the process in approximately five months. Finally, tune in to FreightWaves TV for a state of freight webinar with Craig Fuller and Zack Strickland to help navigate the 2026 market. Following that, a new episode of Loaded and Rolling features Thomas Wasson discussing the intersection of AI and human expertise in fleet management. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices