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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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Nov - 2024 -
04 November

FRA slows Class I railroad implementation of improved track and train inspections

In the wake of the disastrous hazardous materials derailment last year in East Palestine, Ohio, the Federal Railroad Administration has repeatedly said it’s doing everything it can to improve rail safety.

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Forward Air talks Omni integration, silent on rumors it’s up for sale

Forward Air lowered full-year earnings guidance on Monday and said it wouldn’t address press reports that it is up for sale following a messy merger.

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GXO Logistics posts record quarterly revenue of $3.16B

GXO achieved 28% revenue growth in the third quarter to a quarterly record of $3.16 billion, boosted by new e-commerce customers.

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Diesel futures market up and down, but benchmark retail price falls

The benchmark diesel price used for most fuel surcharges declined in the middle of a wild swing in futures markets.

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Democratizing Access to Enterprise-Level Risk Management

While small transportation companies are often priced out of traditional insurance policies, Loadsure’s data-driven model allows for accurate pricing and empowers clients with active risk management insights.

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Last-mile delivery startup SpeedX buys e-commerce logistics specialist

Two-year-old SpeedX is entering the international logistics sector with the acquisition of Accelerated Global Solutions.

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Montreal port employers pressure striking union

Employers at the Port of Montreal say they will suspend salary guarantees for striking longshore workers who have shut down two container terminals.

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Port of Mobile enters fourth phase of $104M container terminal expansion

The Alabama Port Authority has begun the fourth phase of its $104 million container terminal expansion project at the Port of Mobile.

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Election eve; drivers surveyed on HOS; is supply chain AI overhyped? | WHAT THE TRUCK?!?

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Don Everhart; Carlos Barbosa; Josh Lovan

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J.B. Hunt announces changes to executive team

J.B. Hunt Transport Services has announced executive management changes as it aims to increase its market share during the next freight market upswing.

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Election to strongly impact freight economy

Supply chains will see direct effects regardless of the outcome of the presidential race. But what specific impacts on the freight industry are likely under a Harris versus a Trump administration?

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British Columbia ports face shutdown in labor contract dispute

The British Columbia Maritime Employers Association representing ocean carriers and terminal operators plan to lock out union forepersons after the International
Longshore and Warehouse Union rejected a final contract offer.

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Medical equipment makers call for more domestic production, tariffs

The American Medical Manufacturers Association is advocating for tax incentives and tariffs to encourage more U.S. medical equipment production amid concerns over supply chain disruption following recent hurricanes and ongoing competition with foreign trade partners.

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White Paper: State of the Industry – November 2024

The November 2024 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what […]

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Stonepeak to buy air cargo company ATSG for $3.1B

The growth of cross-border e-commerce shipping influenced investment house Stonepeak’s decision to acquire Air Transport Services Group.

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BNSF reports higher profits as volume grows and costs fall

BNSF Railway’s profits, revenue and volume all increased for the third quarter, thanks to surging intermodal and agricultural shipments.

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4-state coalition gets nearly $250M for I-95 electric truck chargers

The Environmental Protection Agency has awarded nearly $250 million for a multistate project to add electric truck chargers along the I-95 freight corridor.

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03 November

Borderlands Mexico: Major expansion project announced for Port of Progreso 

This week in Borderlands: Major expansion project announced for Port of Progreso; Kawasaki Motors inaugurates $200M plant in Mexico; Logistics provider Veho expands into Texas; and Videndum moves into Phoenix logistics location.

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01 November

China boosts Matson net in Q4

Ocean shipping and logistics services provider Matson saw improved third quarter profits as higher China and domestic freight rates offset mixed container volumes. Operating income was $227 million for the […]

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How global trade actors are turning to fintech to tackle fraud

The rapid expansion of global trade has complicated cross-border payments, adding costs and delays and heightening fraud risk. Financial institutions and fintech firms are implementing digital solutions to enhance transparency and security.

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Work stoppage to hit British Columbia ports

A dispute over terminal automation will halt freight moving through the ports of Vancouver and Prince Rupert, British Columbia, and disrupt U.S.-bound intermodal rail shipments.

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Supply chains need to balance AI, human talent

As AI continues to grow as a buzzword in many industries, especially in supply chains, workers fear getting replaced with new technology. However, AI is best used when working in tandem with employees.

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Demand, disruptions supercharge ONE results in Q2

Ocean Network Express posted soaring results in the second quarter on strong demand in the major trades, an early peak season in the U.S. and attacks on the Red Sea trade route.

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Trans-Pacific market lifts Air Canada cargo results

The strong air cargo market acted as a tailwind for Air Canada in the third quarter.

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FMCSA to extend broker financial compliance deadline

Delays in setting up a new registration system will push back compliance deadlines for a rule addressing freight fraud in trucking.

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LTL, brokerage woes weigh on ArcBest’s Q3

ArcBest missed third-quarter expectations and is guiding to more than 500 basis points of less-than-truckload operating ratio degradation in the fourth quarter.

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AI is coming to trucking. Can it fix factoring for carriers?

Outgo believes that traditional factoring has failed to deliver for carriers.

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Open to work: The supply chain hiring episode | WHAT THE TRUCK?!?

Now on demand on WHAT THE TRUCK?!? Dooner is joined by special guest co-host Morgan MacDermaid; Jason Berry; Christopher Pride

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Boeing slashes DEI department in latest staff shake-up

Boeing reportedly dismantled its global diversity, equity and inclusion department on Thursday, and striking members of the International Association of Machinists and Aerospace Workers are scheduled to vote on a new contract offer Monday.

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Running on Ice: Lineage grows and Thanksgiving food gets weird

In this edition: Lineage adds a new facility to the lineup, another cold storage acquisition and Thanksgiving-inspired frozen food gets an italian and dairy makeover. 

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Maersk Q3 profits rise despite modest container volume gains

The parent of container liner operator Maersk turned in quarterly revenue and profits higher than a year ago as attacks on Mideast shipping led to higher operating costs – and higher rates for shippers.

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Navigating the evolving cross-border environment with Werner

Today’s cross-border environment is being shaped by the rising popularity of nearshoring, as companies rethink their supply chain strategies.

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Behind Climate United’s historic $250M electric truck buy

How much influence could a $250 million purchases of 500 electric trucks have on establishing the value of used trucks?

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Truck transportation job numbers in October barely budge from a year ago

The number of truck transportation jobs in the U.S., as reported by the Bureau of Labor Statistics, is only slightly off from where it was a year ago.

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The road to no-compromise renewable energy scaling

On a recent episode of Truck Tech, Alan Adler interviewed Eric Bippus, executive vice president of sales and systems development at Hexagon Agility, to outline key considerations and benefits of implementing renewable natural gas into your fleet.

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ArcBest Q3 earnings: First look

ArcBest sees weak trends in both its asset-based and asset-light segments during the third quarter.

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Disputes in South China Sea could disrupt trade lanes, lead to war, experts say

China’s territorial ambitions in the South China Sea could disrupt global trade lanes and possibly lead to armed conflicts involving the U.S.

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Oct - 2024 -
31 October

ONE Q2 earnings: First look

The ONE alliance of container vessel lines posted second-quarter revenue on an early peak shipping season thanks to attacks on a key Mideast route and looming East Coast longshore strike.

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Maersk Q3 earnings: First look

The parent of Maersk container line said strong demand for shipping services and higher ocean freight rates fueled growth across all businesses as it raised estimates for full-year results.

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Amazon reports $158B in Q3 revenue, beats Wall Street expectations

E-commerce giant Amazon.com Inc.’s North American sales increased 9% year over year to $95.5 billion in the third quarter.

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Trinity Industries Q3 earnings: First Look

Trinity Industries, which builds tank cars, covered hoppers and other freight cars saw lower revenue but higher profits on better railcar lease rates and improved efficiencies.

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If you celebrate Halloween, a truck brought it

Inside the WHAT THE TRUCK?!? newsletter: trucks drive Halloween; “huge Christmas gift” for truckers; driver shortage contested; and more

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Court data reveals extent of truck lease program abuse

Roughly 6% of CDL holders may be involved in predatory lease contracts with their carriers, according to a federal task force.

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Good news/bad news at Uber Freight: EBITDA loss widens but revenue improves

Uber Freight posted a wider EBITDA loss but showed improvement in revenue in the third quarter.

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Comfortable in the culture you’re in – Taking the Hire Road

Lisa Gonnerman joins Leah Shaver to discuss legacy achievements that led to her nomination for the Influential Woman in Trucking Award, including safety standards and women’s involvement in trucking leadership.

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Amazon explores cargo charter service utilizing Sun Country aircraft

Amazon Air is looking to make money from its in-house cargo airline by renting out aircraft, including those operated by Sun Country Airlines, to shippers.

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NASEM study disputes driver shortage claims

A recent FMCSA-sponsored study looking at the impacts of pay and working conditions on long-distance truck and bus drivers also calls into question claims of a persistent driver shortage.

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ILA says Clean Port grants a ‘big win’ for union jobs

Newly announced federal spending on zero-emission equipment and infrastructure at container ports won the approval of the International Longshoremen’s Association.

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Washington’s supply chain at risk with EV mandates

The president and CEO of Washington Trucking Associations, Sheri Call, explains why mandates could be a problem for trucking companies due to multiple factors.

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30 October

Hub Group’s total revenue down 3.7% on weak Q3 market

Hub Group reported year-over-year revenue decreases in its intermodal and logistics segments during the third quarter.

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C.H. Robinson’s model increasingly validated with another solid quarter

C.H. Robinson CEO Dave Bozeman talked with analysts Wednesday about his model for turning the company around. The evidence indicates it’s working.

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SONAR gives premier look inside shipper data consortium

FreightWaves SONAR hosted a webinar Wednesday discussing its new shipper data consortium with Charles Odom, director of logistics at Halliburton.

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C.H. Robinson Q3 earnings: First look

A first look at C.H. Robinson’s third-quarter earnings reveals slightly slower sequential gains than in recent quarters.

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Texas driver honored as TCA Highway Angel for saving lives in Helene aftermath

The Truckload Carriers Association named Texas driver Michael Dorsey a Highway Angel for his efforts to save lives during the aftermath of Hurricane Helene.

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Kuehne+Nagel adopts new Amazon air cargo service for China e-commerce

Logistics powerhouse Kuehne+Nagel is an early adopter of Amazon Air’s freight transportation service, which it is using to move e-commerce shipments from China to the U.S.

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Millions in funding for key Montreal port commodity

Transport Canada is funneling millions of dollars to expand grain-handling facilities at the Port of Montreal.

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Echo exec meets Mexico challenges with integrated logistics model

Expertise is key to navigating cargo insurance, security and customs issues in Mexico.

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Virginia engineer sentenced in $15.6M investor fraud scheme

A Virginia engineer was sentenced to seven years and six months in federal prison for his role in an investment fraud scheme that bilked investors out of over $15.6 million after purporting that he had lucrative engineering inspection contracts for federal and state government infrastructure projects.

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A Very WHAT THE TRUCK?!? Halloween

Now on demand on A Very WHAT THE TRUCK?!? Halloween Dooner is joined by Aaron Rubin; Mar Filippi; Evan Shelley; Eric Furtado

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XPO’s shares surge on solid Q3, favorable outlook

Less-than-truckload carrier XPO beat third-quarter expectations and outlined a plan for outsize yield and margin growth.

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Greenbrier Q4 rolls on higher railcar deliveries

The builder of autoracks, intermodal stack cars and other railcars turned in a strong finish to fiscal 2024 despite challenges in the North American market.

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Sustainability leaders key to more sustainable transportation

In the quest for sustainability, the transportation sector stands as one of the most significant arenas for change.

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CSX launches double-stack service at Port of Baltimore

CSX launched double-stack service to and from the Helen Delich Bentley Port of Baltimore on Monday thanks to clearance projects that have been completed north of the Howard Street Tunnel.

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Report: Driver shortage claim ‘spurious,’ fixation on efficiency causes turnover

A federally authorized study on driver retention finds turnover results from trucking companies’ economically driven policies.

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XPO Q3 earnings: First look

XPO beats third-quarter expectations, reporting 200 basis points of margin improvement in its less-than-truckload unit.

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Automation, speed limiters on former FMCSA deputy’s radar for 2025

Safety and cost implications for trucking weigh heavily on three rulemakings that could see action next year.

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29 October

Losses at Heartland Express continue to mount

Truckload carrier Heartland Express reported another loss in the third quarter and said cost cutting alone won’t return it to profitability.

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Werner CEO stands out for optimistic trucking market outlook

Werner CEO Derek Leathers delivered a surprisingly positive outlook for the trucking market.

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Landstar says ‘muted peak season’ weighs on Q4 guidance

Truck broker Landstar System said Tuesday it expects no material lift in the freight market for the remainder of 2024.

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Federal Railroad Administration awards $2.4B in grants to 122 projects

A total of 122 projects in 41 states and the District of Columbia have been named recipients in the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant program.

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Werner Enterprises Q3 earnings: First look

Werner Enterprises’ third-quarter operating ratio deteriorated by 320 basis points.

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International freight drives Q3 intermodal gains

International container volume gains more than doubled domestic traffic in the third quarter, according to the Intermodal Association of North America.

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Landstar Q3 earnings: First look

Freight broker Landstar System missed third-quarter expectations Tuesday after the market closed and issued fourth-quarter guidance that was also light of consensus.

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Lufthansa Cargo introduces freighter service from Vietnam to US

Lufthansa’s cargo division recorded modest profit growth in the third quarter and this week launched a trans-Pacific freighter service.

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Top US container ports awarded $1.6B to electrify

Los Angeles, New York and Virginia ports alone net over $1 billion from EPA to cut pollution.

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Report: Election, port strikes focus nation’s attention on food imports

Researchers at Trace One recently published an analysis monitoring changes in food imports over time, the amount of food imported compared to total consumption, top trading partners and top food items imported for each state.

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ONE adds Jaxport-East Asia services

The ONE vessel alliance plans to add a new East Asia string to the Port of Jacksonville’s modernized SSA Jacksonville Container Terminal.

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Check Call: The Halloween supply chain

In this edition: Breaking down how scary freight makes its way to consumers, and the Savannah port rises to the top.

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LTL carrier Moran Transportation acquires RMX Freight Systems

Moran Transportation announced it has acquired fellow less-than-truckload transportation provider RMX Freight Systems.

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AI will have huge impact on freight but also overhyped, says Transflo exec

As FreightVana CTO Don Everhart moves into his new role at Transflo, he answers FreightWaves’ questions on hot FreightTech topics.

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Shippers need expert help navigating the growing Mexican market

Due to nearshoring trends and an increase of manufacturing in Mexico, many US-based shippers are learning to manage operations across the southern border. Thankfully, Echo Global Logistics provides support, contingency planning and access to insurance through Reliance Partners to help companies mitigate the risks of operating in Mexico.

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Savannah container imports up 17%

Overall volume helped maritime terminals of the Georgia Ports Authority to their second-busiest September on record.

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Vendor troubles slow delivery of Amazon freighter aircraft

EFW, a company that specializes in passenger-to-freighter conversions, is shutting down its U.S. assembly plants because of shortages in skilled labor and other problems that have delayed delivery of large aircraft to Amazon.

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28 October

Benchmark diesel price rises against backdrop of falling futures

The benchmark diesel price used for most fuel surcharges rose though the broader futures market fell.

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Yellow’s shareholders get second crack at trimming withdrawal liabilities

A federal bankruptcy judge overseeing Yellow Corp.’s liquidation has corrected a mistake in an earlier opinion, which could significantly alter how much Yellow owes to pension funds.

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Dockworkers expand strike at Montreal port

Canada’s second-busiest port is bracing for another protest by 1,200 longshore employees who have been refusing overtime work since Oct. 10.

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Gulf Coast ports post sluggish cargo movements in September

Ports in Houston and Corpus Christi posted modest gains in freight movements during September, while the Port of New Orleans saw mixed results.

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As Helene keeps key roads closed, Trimble’s routing service makes adjustments

Interstate traffic in North Carolina and Tennessee is still dealing with the fallout from Hurricane Helene.

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DSV posts first pretax profit since 2022

Despite a first-half lull in domestic network demand for logistics services, the world’s largest forwarder saw overall volume growth in the third quarter.

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How scary is the Q4 trucking market?; trucker loses 200 pounds; carrier bankruptcy | WHAT THE TRUCK

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Garrett Steenblik; Kyle Taylor; Dan de Varona

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BNSF, electrical workers announce tentative contract agreement

BNSF Railway and the International Brotherhood of Electrical Workers have reached a tentative agreement on a five-year contract, while the National Conference of Firemen and Oilers has ratified its agreement with the railroad.

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Weekly NTI Update: October 28, 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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Zim adds new Mediterranean-US East Coast direct services

Zim Integrated Shipping Services is restructuring its Cross-Atlantic services connecting Mediterranean ports with North and South America.

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Rejection rates holding above 5% ahead of ‘peak season’

Tender volumes declined over the week, but tender rejections and spot rates found a little positive momentum over the past week.

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27 October

Borderlands Mexico: Truck driver salaries in Mexico averaging $423 a month in 2024

This week in Borderlands: Truck driver salaries in Mexico averaging $423 a month in 2024; Horizon Auto Logistics opens office in Veracruz, Mexico; LG Electronics opens $60M plant in Central Mexico; and Texas bridge project receives $80 million in federal funding.

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26 October

Contract rates stabilize on shipper expectations

Truckload contract rates are starting to move higher in an environment where they have every reason to continue to fall.

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25 October

Shuttered Illinois trucking company files for bankruptcy liquidation

A shuttered Illinois-based trucking company that once hauled general freight, liquids and gases, beverages and paper products recently filed for Chapter 7.

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Report says Russia aided Houthi attacks on Red Sea shipping

Russia conveyed Iranian data to help Houthi rebels in Yemen attack commercial shipping in the Red Sea.

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AI technology helps fleet managers detect drowsy drivers

Fleet managers are turning to new AI-driven Drowsiness Detection technology, which shows that 77% of drowsy driving events are detected by behaviors other than yawning alone.

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