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May - 2022 -
17 May

The ‘ingenious strategy’ behind most truckers’ least favorite week of the year: International Roadcheck

Inspection blitzes frustrate truck drivers. But economists found that the International Roadcheck Week boosts overall road safety.

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12 May

Why the Northeast is quietly running out of diesel

Diesel inventories on the East Coast are at record lows. Truckers are spooked by the vanishing stocks and soaring rates.

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Dec - 2021 -
13 December

Exclusive: Central Freight Lines to shut down after 96 years

A source familiar with the 96-year-old company said he is unsure whether CFL will file Chapter 7 or “liquidate outside of bankruptcy,” but that the LTL carrier has no plans to reorganize.

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Aug - 2021 -
12 August

Warehouse cramming is about to begin — Freightonomics

On this episode of Freightonomics, Zach Strickland and Anthony Smith talk about the need to cram for warehouse space with Zac Rogers from Colorado State University.

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Jun - 2021 -
27 June

Seasonality pushing rejections and rates higher ahead of the Fourth

This week’s DHL Supply Chain Pricing Power Index: 75 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 70 (Carriers)  Three-month DHL Supply Chain Pricing Power Index Outlook: 70 (Carriers) […]

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May - 2021 -
27 May

Project44 acquires ClearMetal to strengthen predictive tools

“Their team construct is fundamentally different. When you look at their data science, machine learning and computer science background, they are best in class.”

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Oct - 2024 -
22 October

Roaring volume drives record for Port of Los Angeles

An early peak shipping season, strong economy and resilient consumer spending boosted container volume to a record quarter at the Port of Los Angeles.

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CN revenue up 3% on rebound from wildfires, work stoppage 

Canadian National Railway posted third-quarter revenue slightly better than a year ago as operations appeared fully recovered from destructive wildfires and a labor dispute that briefly shut down the railroad.

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White Paper: The State of Freight– October 2024

This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform. October’s session includes an overview of recent disruptive impacts to the […]

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TFI’s Bedard: Buying UPS’ LTL operations was not a mistake

TFI CEO Bedard said on an analyst call that he wasn’t sorry the company bought UPS Freight, but he was plainspoken about its issues.

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Containers lagged ocean shipping gains in 2023, UN report finds

A record number of port calls by container ships presages higher forecast growth for the sector, according to a U.N. report.

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DHL Express breaks ground on maintenance center at Cincinnati airport

DHL Express says a new aircraft maintenance hangar and extra parking positions now under construction will minimize the amount of time aircraft are out of service and increase capacity at its U.S. superhub near Cincinnati.

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Check Call: The future of talent in the supply chain

In this edition: Breaking down talent research findings, and the Port of LA looks to set a new record.

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NTSB blames Boeing 747 engine fire on shoddy maintenance work

The National Transportation Safety Board said an improperly installed borescope plug led to a January engine fire on an Atlas Air Boeing 747. Maintenance on the aircraft was performed just four days before the incident.

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Norfolk Southern, electrical workers announce tentative contract deal

Norfolk Southern has reached a tentative five-year agreement with the International Brotherhood of Electrical Workers, the railroad announced Tuesday. The agreement, subject to ratification, means the railroad has tentative deals with approximately 67% of its union workforce.

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Norfolk Southern extends gains in earnings, operating ratio

Norfolk Southern delivered significant gains in earnings and operating ratio during 2024’s third quarter, with new CEO Mark George noting the railroad is “continuing to close the margin gap” with its peers.

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Norfolk Southern releases third-quarter financial results

Norfolk Southern (NYSE: NSC) posted third-quarter earnings from rail operations of $1.6 billion, along with an operating ratio of 47.7% and diluted earnings per share of $4.85, the railroad announced Tuesday. 

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Uber Freight expands reach, services across Mexico with new location

Uber Freight is expanding international operations with a new customs-focused office in Nuevo Laredo, Mexico.

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21 October

Illinois carrier lays off most of its company drivers

An Illinois trucking company recently notified most of its company drivers that it could “no longer support part of its fleet operations” and terminated their positions “due to current market conditions.”

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First look: LTL operating income falls at TFI International

Canadian transport and logistics company TFI International’s third-quarter earnings missed consensus forecasts by 18 cents per share.

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Benchmark diesel price reverses course in biggest 1-week drop in 10 months

The benchmark diesel price used for most fuel surcharges declined Monday after four weeks of rising prices.

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F3: Future of Freight Festival revs up for November

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

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ONE, DP World box up hope for breast cancer awareness

Ocean Network Express and terminal operator DP World created a message on a dockside canvas during Breast Cancer Awareness Month.

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Emirates to nearly double 777 freighter fleet by late 2026

Emirates has placed an order for five current-generation 777 freighters and is eyeing a big order for next-generation freighters from either Airbus or Boeing.

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Becker Logistics study exposes cargo theft risk tied to lax security

According to a new report by Becker Logistics, cargo theft varies seasonally and by mode and location.

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Saia to open 3 terminals in October, pushing 2024’s count to more than 20

Less-than-truckload carrier Saia said it will open three terminals in October, pushing its new terminal count to more than 20 this year.

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Tariffs ‘a tax on consumers,’ says NRF chief

Importers with the National Retail Federation fear a second Trump administration could hurt business with higher tariffs on consumer goods.

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Weekly NTI Update: October 21, 2024

The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR.

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InfoBrief: Achieving Digital Transformation at a Lower Total Cost of Ownership (TCO)

Welcome to the download hub for Getac’s IDC TCO InfoBrief – your ultimate guide to Achieving Digital Transformation At A Lower Total Cost of Ownership (TCO). This invaluable resource provides […]

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Impacts from Hurricane Milton waning

Tender volumes and rejection rates moved lower over the past week, while spot rates increased slightly during the week.

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20 October

Borderlands Mexico: Port of Corpus Christi becomes global crude oil supplier

This week in Borderlands: Port of Corpus Christi becomes global crude oil supplier; Port of Brownsville secures $43M loan for ship channel expansion; US Lumber Brokers acquires Texas distribution center; and Holt Truck Centers expands across Texas with acquisition.

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18 October

Roaring volume drives record for Port of Los Angeles

An early peak shipping season, strong economy and resilient consumer spending boosted container volume to a record quarter at the Port of Los Angeles.

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Yellow’s bankruptcy plan would let former employees recoup PTO, commissions

Yellow’s Chapter 11 plan before a federal bankruptcy court includes up to $100 million in payments to employees holding paid-time-off and commission claims.

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How much does it cost to ship a Taylor Swift tour overseas?

Taylor Swift, who is currently on her Eras Tour, paid over $15 million to ship stage equipment from the United Kingdom to the United States.

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How NASA is shipping humans back to the moon; Duty Drawback 101 | WHAT THE TRUCK?!?

Now on demand on WHAT THE TRUCK?!? Dooner is joined by NASA’s Logan Kennedy; Tamara Collyer

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Running on Ice: Hurricane Helene came for the medical supply chain in a bad way

In this edition: Long-lasting implications for the medical supply chain following the hurricanes, DeltaTrak gives solutions to the masses and Butterball gets the turkey ready.

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New Orleans port railroad opens bulk transloading park

Port-owned New Orleans Public Belt Railroad and logistics specialist Heniff Transportation Systems have opened a new state-backed transload facility aimed at dry and liquid bulk customers.

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Marten’s earnings and almost all other key operating metrics down

Marten Transport turned in a quarterly earnings report that was negative by almost every measure.

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Mexican legislation seeks to reverse privatization of rail industry

Mexico’s Congress has passed legislation that would reverse railroad privatization laws enacted in the 1990s and give the government more control over rail operations, particularly passenger rail.

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Electrifying in-bound logistics continues to expand globally

Using electric trucks for inbound logistics includes Daimler Truck with a 2026 goal of zero-emissions truck deliveries to its plants.

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Azul Airlines boosts cargo capability with first A321 freighter

Azul Airlines will soon deploy its first two Airbus A321 passenger-to-freighter aircraft.

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Leaders share strategies to maximize FreightTech investment in tight markets

At TIA Technovations, logistics technology leaders tackled the challenges of balancing tech investments with tight budgets. The panel highlighted the need to be strategic with implementations, maximize existing tools and foster collaboration with vendors.

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17 October

SEC subpoenas CSX over misstatements in financial reports

The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency.

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Texas trucking company, affiliates file for bankruptcy liquidation

A Texas trucking company and its affiliated companies have shuttered operations and recently filed for bankruptcy liquidation, citing serious financial conditions as the main reason.

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State of Freight for October: The bullish feeling is starting to grow

Forecasts of a bullish freight market were featured in this month’s State of Freight webinar for FreightWaves SONAR.

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Normalization?

In this issue of the WHAT THE TRUCK?!? newsletter: is the market normalizing; trucking pandas; more

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Forward Air retains investment bankers to sell company, sources say

After mounting pressure from some shareholders following an ill-fated merger, sources have confirmed to FreightWaves that Forward Air is working with investment bankers to sell the company.

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Helping drivers make better decisions – Taking the Hire Road

Joe Anderson and Caleb Gee, co-founders of Truck Driver’s Best, join Jeremy Reymer to discuss their effort to provide a sorely needed service for drivers. Drivers can leverage Truck Driver’s Best for career advice, enabling them to make better decisions as they lean on the experience and expertise of the co-founders.

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Rail a key to 10 million-TEU Charleston forecast

Portwide expansion and upgrades for ship, rail and truck have Charleston, South Carolina, officials eyeing annual capacity of 10 million TEUs for the fast-growing Southeastern maritime hub.

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ATRI’s ‘Critical Issues in the Trucking Industry’ report spotlights parking woes

ATRI’s 2024 “Critical Issues in the Trucking Industry” report saw truck parking dominate driver concerns, while motor carriers worry more about the economy.

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Coal company sues Dali shipowners for over $100M

Consol Energy is suing the owner of the ship that caused the Baltimore bridge collapse that forced the company to shut down its export terminal for most of Q2.

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Regulators approve CPKC, CSX acquisition of Meridian & Bigbee

The Surface Transportation Board has approved acquisition by Canadian Pacific Kansas City and CSX Transportation of the Meridian & Bigbee Railroad from Genesee & Wyoming, allowing the two Class I lines to create a new direct connection at Myrtlewood, Alabama.

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Feds propose permanent ban on cargo trucks at Texas border bridge

Federal officials’ proposal to ban cargo trucks from a Texas border bridge has drawn criticism from the trade community.

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Trucking and marijuana testing find their way to the Supreme Court

Trucking and marijuana use was the background issue in arguments before the U.S. Supreme Court this week regarding a driver who was dismissed for failing a THC test even though he hadn’t used marijuana.

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Weekly US rail traffic back ahead of 2023 levels

Weekly U.S. rail traffic rebounded into positive territory compared to 2023 for the week ending Oct. 12, after falling below previous-year levels a week earlier.

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Air cargo sector rides elongated peak season to strong finish

The air cargo sector is finishing the year with a flourish as peak season demand pushes freight rates even higher.

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Union Pacific, Vena powering up railroad’s business

While hedge funds wring savings from other Class 1 railroads, Union Pacific CEO Jim Vena says his line can win new business with service and “operational excellence.”

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Transform visual data into actionable insights with Optra Edge

Lexmark Laureate Brant Nystrom shares how Optra Edge can help freight companies save by streamlining their asset tracking, gate management, data processing, PPE compliance initiatives, and even trailer loading and unloading.

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16 October

CSX sees slight revenue gain, feels impacts of hurricanes

CSX faces more than $200 million in reconstruction costs as a result of Hurricanes Helene and Milton, and the income impacts of the storms will be felt in both the third and fourth quarters.

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TriumphPay gets back to a positive EBITDA

The TriumphPay payments network turned in a positive EBITDA performance in Q3, a key benchmark for the company.

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Reefer tender rejection rates surge following hurricanes

Tender rejection rates rise for reefer, but remain muted for dry van, suggesting supply and demand in the reefer segment is much more balanced.

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Consolidated full truckloads change the game for shippers

Roadtex moves partial truckload shipments via consolidated full truckloads directly from its 32 nationwide warehouse centers to the retailer, resulting in less handling and better OTIF rates.

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CSX reports 7% increase in operating income during third quarter

CSX Corp. reported third-quarter operating income of $1.35 billion with net earnings of $894 million, or 46 cents per diluted share, in financial results announced Wednesday.

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FreightWaves SONAR, Keelvar talk data integration in October Webinar

Nick Persin, director of strategic partnerships for FreightWaves SONAR, spoke with Dylan Alperin, VP of professional services at Keelvar, during the October Webinar about delivering SONAR’s truckload datasets to the Keelvar platform.

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Prologis says softness in logistics real estate market to last into mid-2025

Logistics real estate investment trust Prologis said it doesn’t expect the market to positively inflect until mid-2025.

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Professional speed dating: Brokers, carriers can connect in new ways at Broker-Carrier Summit

From mainstay events like kick-off parties to more unique offerings like professional speed dating, the summit gives brokers and carriers numerous opportunities to seek each other out.

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How Spirit Halloween is doing same-day delivery; Hazmat 101; from NFL to broker | WHAT THE TRUCK?!?

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Marc Gorlin; Wendy Buckley; Justin Boren

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FBX Report: October 16, 2024

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

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AB5 notches another win: Supreme Court won’t hear Postmates/Uber case 

Backers of California’s AB5 independent contractor law have scored a fresh victory after the U.S. Supreme Court declined to review the Postmates/Uber case.

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Prologis Q3 first look: Better than expected

Logistics warehouse operator Prologis beat third-quarter expectations even as some key metrics dipped amid a market “bottoming process.”

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15 October

J.B. Hunt sees normal seasonality in Q3

J.B. Hunt Transport Services beat third-quarter expectations as it awaits a turn in the freight market.

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Benchmark diesel price rises, but futures prices now headed sharply lower

The benchmark diesel price used for most fuel surcharges rose for a fourth straight week, but futures prices plunged.

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J.B. Hunt Q3 first look: Stock jumps on earnings beat

J.B. Hunt Transport Services reported a better-than-expected result for the 2024 third quarter on Tuesday after the market closed.

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Florida port gets $9.5M in Milton storm funding

SeaPort Manatee near Tampa, Florida, is slated to get millions of dollars in emergency state funding to help recover from the effects of Hurricane Milton.

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The pandas are back in town: ‘FedEx Panda Express’ brings bears to US

FedEx transported six giant pandas between the United States and China this week on what the company calls the “FedEx Panda Express.”

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Rebuilding the gateway to America: West Coast ports blaze path to sustainability

The Port of Long Beach has $2.2 billion earmarked for accelerating zero-emission initiatives over the next decade.

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Tenstreet Content Library makes training more accessible to drivers and carriers

Driver training is one of the most popular – and effective – ways to safeguard fleets against potential litigation.

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Machinist jobs safe for now, Boeing says

Boeing’s striking machinists are not currently expected to be the target of job cuts by the company, according to an internal presentation obtained by The Seattle Times.

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Drivers first: Netradyne offers innovative people-centric safety solution

One of the primary ways Netradyne advocates for drivers is by giving fleet managers a holistic view of their driving habits, highlighting praiseworthy, safe choices they make every day.

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Check Call: Freight fraud gets long-overdue attention

In this edition: The first-ever Freight Fraud Awareness Day is here, and women are major players in the supply chain.

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LTL survey: Daylight Transport No. 1 overall, Old Dominion top national carrier

Daylight Transport and Old Dominion Freight Line garnered the top rankings in consulting and research firm Mastio’s 2024 survey of shippers.

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Freightliner adds nifty changes to fifth-generation Cascadia

The fifth-generation Freightliner Cascadia is not dramatically different from the current model but it brings some driver-friendly changes.

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Inaugural Freight Fraud Awareness Day shines light on industry crisis

The first-ever Freight Fraud Awareness Day, taking place on Tuesday, aims to unite the supply chain community in tackling schemes like double brokering and cargo theft, which have seen a 400% rise since 2022.

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14 October

Cass notes ‘signs of price stabilization’ in soft September update

Continued volume weakness along with a steadying rate environment were the primary takeaways from Cass Information Systems’ September report.

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Former CEO of ATA Thomas Donohue dies at 86

Former American Trucking Associations CEO and President Thomas J. Donohue, hailed as “a powerful voice for all businesses, employers and their employees,” died Monday. He was 86 years old.

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CSX ordered to pay back, rehire workers who raised safety issues

OSHA has warned CSX against retaliating against employees who raise safety concerns.

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Weekly NTI Update: October 14, 2024

The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR.

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Rail looting in Chicago; logistics of hurricane relief and FEMA loads | WHAT THE TRUCK?!?

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Jordan Spradling; Cecelia Hull; Justin Martin

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Longshore union halts overtime at Port of Montreal

A partial work stoppage at the Port of Montreal follows a three-day strike earlier this month by union dockworkers at Canada’s second-busiest port.

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Trucker found guilty of murdering co-driver during cross-country haul

A Florida-based truck driver has been found guilty of murdering his co-driver during a cross-country trip in March 2022.

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Descartes acquires inventory, order management platform Sellercloud for $110M

Supply chain software provider Descartes said Monday it has acquired omnichannel e-commerce platform Sellercloud in a deal that could total $130 million.

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ATRI survey: Drivers and carriers see top issues in trucking differently

The annual ATRI survey of top industry concerns reveals a big gap between what drivers and carriers worry about.

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Motive unveils First Responder alert service for commercial vehicle collisions

Motive has announced a first-of-its-kind service that expedites the emergency response of first responders to drivers of commercial vehicles involved in wrecks.

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Hurricane Milton helps boost rejection rates

Tender volumes and rejection rates moved higher over the past week, but spot rates were unaffected on a national level.

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13 October

Borderlands Mexico: US-Mexico trade hit $74B in August, Port Laredo No. 1 again

This week in Borderlands: US-Mexico trade hit $74B in August, Port Laredo No. 1 again; Imperative Logistics Group acquires freight forwarder Jamco; Gebruder Weiss partners with Mexico load board Cargado; and Avery Dennison opens $100M facility in Queretaro, Mexico.

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11 October

Boeing to sunset 767 freighter program, slow 777X rollout amid strike

Boeing is scaling back production plans for the 767 and next-gen 777-X freighters, which could create a shortage of widebody cargo aircraft later this decade.

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Hurricane impact on medical manufacturing renews talks on nearshoring, domestic production

More than 86% of U.S. healthcare providers across the country are currently experiencing IV fluids shortages in the aftermath of Hurricane Helene, sparking a discussion on nearshoring America’s medical manufacturing.

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Running on Ice: Big things coming in smaller pharma packages

In this edition: The pharmaceutical supply chain improves packaging, Hurricane Milton disrupts the perishable supply chain and caffeine comes in frozen form.

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Robovan and Musk’s autonomous prediction; breakeven cost per mile; parking | WHAT THE TRUCK?!?

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Reed Loustalot; Brant Nystrom; Tanner DeHart

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