News

After a pullback in lending from private equity- and VC-backed firms investing in supply chain tech after the COVID pandemic, Benjamin Gordon, founder and managing partner of Cambridge Capital, says there’s been a resurgence in strategic M&A.

Now on demand Dooner is coming to you live from F3 with Samantha Foley; Prasad Gollapalli; Jordan Kidd

At FreightWaves’ F3: Future of Freight Festival, trucking-focused attorney Matthew Leffler said the $100 million-plus Werner case is “the most important case facing the trucking industry now.”

FreightWaves’ F3: Future of Freight Festival continued into its second day with more rapid-fire FreightTech demos on Wednesday.

The Port of Los Angeles posted record container volume in October on resilient consumer spending and a strong economy.

Trucking companies like less regulation, and that’s what they’ll get under a Trump administration. But executives should be careful what they wish for, experts at FreightWaves’ F3: Future of Freight Festival said.

J.B. Hunt Transport Services is hopeful that Western rail service will improve, allowing it to layer higher contract pricing across record intermodal volumes.

Frank Kenney of Cleo gives insight into the undeniable market trend toward more data visibility and transparency as a selling point for any clients in the freight industry. Every company has unique needs and models, and those needs are best served by being as open as possible.

Zim saw a decision to leverage its business against spot rates pay off on surging demand in the trans-Pacific trade.

Speaking at FreightWaves’ F3: Future of Freight Festival, John Larkin, senior partner at Venture 53, discusses what he looks for in an early stage company.

Data platform now provides LTL rates by class and intermodal contract rates by lane.

Covenant Logistics Group CEO David Parker predicted at FreightWaves’ F3: Future of Freight Festival on Wednesday that there will be year-over-year peak season growth in the trucking industry. (Photo: Jim Allen/FreightWaves)

On a recent episode of WHAT THE TRUCK?!?, Optimus Technologies talks about the impact of biodiesel and what the election results mean for clean fuels.

On episode 784 of WHAT THE TRUCK?!? Dooner is coming to you live from FreightWaves’ Future of Freight Festival in Chattanooga, Tennessee. He’s joined by Shanti Yetish at Amazon; Nagendra […]

Ryan Joyce, a former CIA operations officer, drew on his experience tracking terrorist networks to execute the company strategy to fight freight fraud.

At an in-person State of Freight, FreightWaves CEO Craig Fuller and SONAR Director of Freight Market Intelligence Zach Strickland talked about why they think the freight market has turned.

Nikola Corp. leader Ryan Clayton said the rising demand for hydrogen could require as many as 50 fueling stations in the next three years to meet the need.

FreightWaves’ F3: Future of Freight Festival saw speedy demos from over a dozen industry innovators sporting all kinds of FreightTech.

Mexico City-based Solvento has raised $12.5 million in a Series A round to help provide trucking companies with access to payment solutions.

The American Apparel & Footwear Association said the U.S. should do more to protect Mideast shipping as attacks on vessels spur “unsustainable” higher costs and delays.

Dan Lewis, co-founder and former CEO of Convoy Inc., discussed the rise and fall of the digital freight brokerage he helped create and the lessons he learned along the way on Tuesday at FreightWaves’ F3: Future of Freight Festival.

In this edition: Overhaul published Q3 cargo numbers, and layoffs come for the logistics sector.

An Amazon charter flight operated by Canadian partner Cargojet overshot the runway at Vancouver airport, impacting flight operations.

In a new rulemaking governing broker-motor carrier contracts, regulators stop short of an out-right ban on transparency waivers sought by truckers.

J.B. Hunt Transport Services’ CEO Shelley Simpson encourages transportation leaders to solve the industry’s challenges through partnerships at F3 on Tuesday.

‘Business Wars’ host David Brown talks about supply chains and success stories at FreightWaves’ Future of Freight Festival.

This year’s F3: Future of Freight Festival will pull into the heart of Freight Alley in Chattanooga, Tennessee, Nov. 19-21.

While railroads for years have talked about growth, the head of a major short line says it’s high time they embraced enterprisewide technology that’s reshaping the transportation industry.

Smitha Raphael, chief product and delivery officer at SnapFulfil, highlights why flexibility and seamless integrations in warehouse management tech are now top priorities for 3PLs and B2C companies.

MIAMI BEACH, Fla. – Etihad Airways has decided to exercise an option for three Airbus A350 next-generation freighters, bringing its total order to 10 aircraft, said Stanislas Brun, vice president […]

The New York Shipping Exchange announced it has closed a Series C funding round and launched a series of shipping rate indexes.

President-elect Donald Trump is nominating Fox News Host Sean Duffy to head the U.S. Department of Transportation. Duffy, who served in the U.S. House of Representatives from Wisconsin for nine […]

The benchmark diesel price fell to a level not seen since October 2021.

At a leading rail conference, two railroad CEOs seek to define what service is all about.

Amazon, DHL, GXO, Kuehne+Nagel, Pepsico and True Value Co. are among firms announcing job cuts, according to a new round of worker reduction notices.

Freight Masters Inc. owner Herman Shaw was sentenced to 30 months in prison for his role in a scheme to defraud the Paycheck Protection Program.

The Cass Freight Index shows both volumes and expenditures remained lower in October.

Four new container cranes will help the Port of Virginia handle ultra large container vessels at Virginia International Gateway.

The U.S. Class I railroads have turned the corner on service and resiliency and are poised for volume growth for the first time in years.

A California logistics company has filed for bankruptcy protection, citing the loss of its largest “anchor” customers as one of the main reasons it is seeking to reorganize.

Previously known as FreightWaves SONAR, the supply chain data platform rebrands to “SONAR,” highlighting its core focus on the supply chain data platform. 

Less-than-truckload carriers continue to take general rate increases even as the overall demand picture remains murky.

Tim Strauss is back as CEO of another small cargo airline based in Miami. His new company is 21 Air, which has secured Amazon as its latest customer.

Amazon has added 21 Air to its roster of air cargo transport providers.

Pilot Flying J named Liz Leon as the company’s 2024 Road Warrior.

Tender volumes and tender rejections declined over the week, but spot rates are still showing signs that peak season is going to be favorable.

This week in Borderlands: Toyota pumping $1.45B into Mexico to boost Tacoma production; Union Pacific to serve Volkswagen hub at Texas seaport; South Korean freight transporter to open subsidiary in Mexico; and Nefab expands in Arizona with warehousing and logistics facility.

Could intermodal be capping the truckload market’s potential breakout?

The Canada Industrial Relations Board ordered port operations to resume in British Columbia and Montreal after lockouts of union dockworkers halted container traffic.

Blanket tariffs, like any other tax, may include certain exemptions. It is these exemptions — not the tariffs themselves — that are the real tool.

New York Gov. Kathy Hochul announced the state would continue plans to enact congestion pricing tolls in New York City, drawing criticism from the Trucking Association of New York.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Kaylee Nix; Norita Taylor; Corey Klujsza; Craig Leinauer and a special tour of thespacestore with Craig Fuller

In this edition: A new ultra-low-temperature freezer drops, Maersk makes a big refrigerant swap, and Uncrustables set quite the future.

Safety and trucking capacity changes resulting from new CDL restrictions could hinge on how effective each state is in implementing the regulation.

Is the flux capacitor made famous in “Back to the Future” an answer to more efficient hydrogen storage on Class 8 trucks?

President-elect Donald Trump’s tech policies could boost FreightTech for AI, warehouse automation and 3D printing.

Samsara Inc. filed a new lawsuit accusing rival Motive Technologies CEO Shoaib Makani and its executives of engaging in a “multi-year campaign to procure Samsara Trade Secrets” to compete with Samsara in the fleet management market.

The Surface Transportation Board has taken Union Pacific to task for an ongoing lack of cooperation in a new decision on the railroad’s effort to construct a 6-mile rail line in Arizona’s Maricopa and Pinal counties.

Welcome to the inaugural edition of Fraud Watch, FreightWaves’ dedicated newsletter tackling the burgeoning crisis of freight fraud.

WHAT THE TRUCK?!?’s guide to FreightWaves’ F3

Norfolk Southern will add a new member to its board of directors — the 14th overall and 13th independent director — under a “cooperation agreement” with shareholder Ancora Holdings, NS announced Thursday.

Supply chain services giant Kuehne+Nagel said it has acquired a majority share of IMC Logistics, a marine drayage provider handling 2 million TEUs per year.

When it comes to safety and compliance on the roads, Trucordia stands tall as a leader in insurance, risk management and loss control with a team of professionals who specialize […]

FMCSA Clearinghouse Phase 2 enforcement may impact about 179,000 CDL holders who are in prohibited status for a drug or alcohol violation.

Amazon is promising logistics companies that use its air cargo airline that their shipments won’t get left behind when e-commerce parcel volumes are high.

U.S. rail traffic continued its pattern for most of 2024 in the week ending Nov. 9, with strong intermodal growth leading to an overall gain compared to 2023.

If China retaliates against tariffs on exports to the U.S. with its own tariffs, it could increase prices for Chinese consumers.

After Uber recently announced bookings growth, the company has launched a broker offering that could help support future shipment growth and brokerage penetration.

Fernando Ruben Guerrero, former customs director for the Port of Veracruz, was killed on Nov. 8.

For the second time in 24 hours, protesters are disrupting cross-border cargo traffic at Laredo’s World Trade Bridge.

While traditional multistop options have served many shippers well, there is an even more impactful option on the market today: Flock Freight’s Shared Truckload.

Alternative fuel equipment leader is actively building hydrogen fueling network.

A Florida jury awarded $125 million in punitive damages and $16.5 million in other damages against a small trucking company that no longer exists.

The International Longshoremen’s Association broke off negotiations on a new contract with the United States Maritime Alliance, charging employers want to eliminate union jobs.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Douglas Brunt; Matt McLelland; Colin Huwyler; Johnny McCord

FedEx is strengthening its air network in Latin America with two new flights linking markets in South and Central America with Miami, the company announced.

PS Logistics announced it has acquired Louisiana-based flatbed carrier Fluker Transportation for an undisclosed sum.

Orderful has raised $15 million with NewRoad Capital Partners to help expand Orderful’s offerings, including self-service EDI tools for small and midsize businesses.

A federal bankruptcy court has denied a request to reconsider its ruling on withdrawal liability claims against Yellow Corp.

California’s attorney general’s office has filed a brief against OOIDA’s attempts to block the AB5 independent contractor law from the state’s trucking sector.

A protest at the Mexico border has caused a major backup at the World Trade Bridge in Laredo, Texas.

The benchmark price used for most fuel surcharges dropped for the third time in four weeks to a more than three-year low.

Radiant Logistics beat expectations for the recent quarter and expects an uptick in gross profit during the last quarter of the year as it supports hurricane relief efforts.

Canada Labor Secretary Steven MacKinnon asked the Canada Industrial Relations Board to order operations to resume at the ports of Montreal, Vancouver and Prince Rupert and send employers and longshore unions back to the bargaining table.

The North Carolina Department of Transportation announced plans to partially reopen Interstate 40 on Jan. 1 after the remnants of Hurricane Helene destroyed portions of the roadway.

In this edition: The end of the freight recession has come, and the U.S./Mexico border gets busier.

Smaller railroads have received $2.6 billion for more than 220 projects since the inception of the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvement grant program.

The freight industry must take a series of steps to combat an epidemic of fraud.

Market demand for a range of railcar types boosted revenue and deliveries for FreightCar America in the third quarter, and the builder revised its guidance upward for fiscal 2024.

Keith Wilson, the owner and CEO of Portland, Oregon’s, Titan Freight, has won a surprise victory as that city’s mayor.

Uber Freight’s payout to Greenbriar signifies a shift, highlighting both Uber Freight’s evolving valuation and the foresight of Greenbriar’s strategic financial protections.

It could be the end of the freight recession. What does that mean for 2025?

Terminal operators and ocean carriers on Sunday locked out striking dockworkers at the Port of Montreal after the union said the contract proposal doesn’t address scheduling or automation concerns.

With the next Trump administration expected to drive regulatory changes, experts anticipate a surge in M&A activity across retail, e-commerce and FreightTech, as companies like Amazon and DoorDash look to expand in a pro-business environment.

U.S. liquefied natural gas exports to China could be affected by an escalation of tariffs between the two countries, said Ricaurte Vasquez, administrator of the Panama Canal Authority.

While imposing tariffs in the past has done damage to the U.S. economy, today’s incoming tariffs are likely to have a different outcome for a multitude of reasons.

he third-largest ocean container carrier, CMA CGM, saw bottom-line improvement as higher rates on vessel diversions amplified a single-digit volume increase.

Schneider National announced it will begin an intermodal service connecting Mexico and Texas with the U.S. Southeast next month.

Western Canada port employers and their longshore union met separately with a federal mediator Saturday, but the talks ended quickly with no new bargaining scheduled.

Air Transport Services Group said fewer aircraft in revenue service plus higher expenses led to a reduction in core operating profit during the third quarter, but the current quarter is expected to be better.