Triumph’s CEO Graft is not holding back, likening the automated deals to the invention of the telephone in terms of technical significance.
Renewable natural gas (RNG) is the leading low carbon solution that helps trucking companies and shippers reduce their carbon footprint and meet their sustainability goals.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
CSX has been hiring more aggressively not only to meet anticipated market demand but to safeguard against COVID-19-related absences, according to executives on its fourth-quarter 2021 earnings call Thursday.
UP’s capital expenditures plan for 2022 includes investments to intermodal terminals and intermodal ramps, executives said during the company’s fourth-quarter 2021 earnings call Thursday.
Among the major U.S. passenger carriers, United Airlines was the big winner in cargo performance during 2021.
FreightWaves reports very positive financial performance in 4Q 2021.
Heartland Express announced 2021 was its best year since going public. Fourth-quarter results were in line with consensus.
“Combining our visibility technology with a sophisticated fintech product will allow companies to make their payments around real-time updates,” says the founder and CEO of Shifl.
DroneUp CEO Tom Walker sat down with Modern Shipper to discuss his company’s expanding delivery business, including its partnership with Walmart.
Could container shipping and tanker stocks end 2022 very differently than they began it?
P.A.M. Transportation Services finished 2021 on a high note, posting another large earnings beat during the fourth quarter.
It’s a sign of the supply chain times when customers are renting entire planes from United Airlines to haul low-value commodities like mayonnaise.
Prologis provided better-than-expected 2022 guidance on Wednesday, citing the expectation that demand will continue to outpace logistics real estate additions during the year.
Forward Air’s Sylvia Cintron talks with FreightWaves’ Kaylee Nix about tailoring B2B marketing to fit the audience you’re targeting.
“It’s the sunk cost fallacy. It’s human nature to want to stick with something you have invested so much in but, at the end of the day, no technology is going to last forever,” says Kinetic co-founder on continuously investing in FreightTech as your business grows.
“People see themselves valued more by the marketplace sometimes than they do by where they are, and that’s why you suddenly see a lot of this Great Resignation business,” said Adrian Chapman, owner and CEO of Cover 3 Consulting.
With Aurora Driver 2.0, the self-driving developer plans to field the first robotic ride-hailing minivans along with Class 8 trucks.
“Before you start your TikTok or before you start your social media platform, make sure that you have a goal in mind,” said Luke Kostka, co-founder and creative director at New Norml Media.
ArcBest announced a $25 million investment in a software company that provides remote operation of forklifts and trucks.
In a move that will triple its European carrier base, FourKites is building the continent’s largest multimodal carrier network.
Logistics real estate investment trust Prologis issued 2022 guidance ahead of expectations on Wednesday.
Electric cargo bike delivery provider Urb-E is expanding to Los Angeles as the first city in an expansion of its service in 2022.
J.B. Hunt Transport Services beat fourth-quarter expectations. Visibility into 2022 remains murky but management is calling for continued growth.
J.B. Hunt’s fourth quarter comes in ahead of consensus as the intermodal, brokerage and truckload divisions see notable year-over-year improvements.
Warehouse robotics firm Exotec has raised $335 million in funding as it looks to deploy more of its solutions in fulfillment operations.
This week: the transportation industry supports Truckers Against Trafficking, J.B. Hunt drivers donate school supplies to their kids’ teachers and Mayor Pete gets a bobblehead.
The Biden administration unveiled on Friday the state allocations for a historic $27 billion bridge replacement and construction program with California coming out on top.
FedEx Logistics is the latest company to find an alternative to big-port congestion by taking freight business to the Port of Hueneme in California.
Robotic Assistance Devices Mobile is looking to bring to market a 700-pound autonomous robot for logistics and last-mile delivery operations.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Australian officials’ resolution of recent raven-on-drone attacks isn’t much to crow about.
Sandeep Kar, Noregon’s new chief strategy officer, pinpoints the issues facing his industry and his priorities in his new role.
In this edition, Fontinalis partner Chris Stallman describes his life-long passion for finance and his favorite 2022 FreightTech themes.
Delta Air Lines is on the path to recovery from the depths of the coronavirus pandemic, but omicron remains a hurdle.
Growth in air cargo volumes decelerated in the last two months of 2021. Blame it on too much demand stressing the freight system.
Google-backed Nuro has released its third-generation delivery vehicle, simply called Nuro, and will partner with Kroger to roll it out in Houston.
Because it costs more money than it’s worth to return the item to its vendor for reuse, returns often end up in landfills.
Following numerous transportation and logistics deals in 2021, industry insiders discuss lofty expectations for 2022.
Walmart InHome customers in Florida will get first access to HomeValet’s Smart Box, a lockable, temperature-controlled porch box.
The Project Evolve initiative may take UPS’ visibility tools further than they’ve ever gone before.
Port X Logistics adds warehousing and transportation provider Denver Express to its portfolio.
The U.S. Chamber of Commerce wants the Biden administration to spend less time correcting economic problems the chamber feels don’t exist, and more on trade.
A bill in the state of New York proposes environmental and social disclosure requirements for fashion companies.
Canada Cartage makes its fifth acquisition in the past year as it buys Quebec-based dedicated contract carrier Laurentien Transportation.
TPG, Thoma Bravo and Goldman Sachs led a $240 million investment round for the Chicago-based real-time visibility provider.
Intermodal trucking company RoadOne adds dedicated carrier EHS Trucking to its network. The deal marks its ninth acquisition in the last five years.
DOT wants to prepare for increased scrutiny as it gets ready to distribute half a trillion dollars in new infrastructure funds.
The panel on rail consolidations also addressed different approaches to creating competition on monopoly networks.
The Biden administration wants consumer protection regulators to examine whether giant retailers are creating supply chain distortions for smaller businesses.
The year 2023 and beyond could boost railcar production volumes for Greenbrier as global low-carbon mandates drive freight to rail, say Greenbrier executives.
Minnesota trucking company Bay & Bay Transportation says it was recently targeted in a ransomware attack for the second time since 2018.
A small COVID outbreak is curtailing industrial operations in the Chinese city of Ningbo and the port could soon feel the ripple effects.
Brad Mackler, most recently with Convoy, has purchased executive recruiting firm Milestone Partners from founder Sam Herman.
Truck Tech is a weekly newsletter focusing on autonomous, connected and electric innovations in the trucking ecosystem for fleets.
The December report closes out a year with a gain of more than 44,000 jobs in truck transportation.
Supply chain visibility provider project44 sees record top-line growth during the fourth quarter, with bookings, account wins and retention coming in better than expected.
“We’ll see real progress as more companies have leadership at the highest levels in the company focused on sustainability and incorporating sustainability into business strategy,” said Susan Uthayakumar, chief sustainability and energy officer at Prologis.
The RMX platform is designed to provide end-to-end visibility to trucking companies and insurance carriers.
Ever-tightening capacity may continue to snare domestic and cross-border shippers that haven’t planned accordingly. That’s where partnering with the leading 3PL for cross-border freight is needed.
Blume Global’s customers have access to the manufacturing solutions provided by LiveSource, including tools for value analysis and engineering, product part approval processes, advanced product quality planning and nonconforming reporting.
December supply chain numbers again show “significant expansion.” The Logistics Managers’ Index report questions whether retailers ordered too much for the holidays.
Real estate firm CBRE is the latest global leader to invest in logistics real estate with its nearly $5 billion acquisition of 28 million square feet of assets.
Agriculture exporters on the West Coast are feeling neglected by ocean carriers. The Port of Oakland is trying to make more equipment available so they can ship their goods.
Schneider became the latest truckload carrier to bolt on a fleet. The company announced Tuesday the $263 million acquisition of dedicated carrier Midwest Logistics Systems.
Recruiting and retention management has never been faster.
Freight broker Trinity Logistics announced Monday it has acquired Team Eagle Logistics.
Much of the supply chain stress stems from a lack of labor, infrastructure and the widespread lack of technology.
As ransomware attacks battered transportation and logistics companies in 2021, here are six things we learned about cybersecurity and freight.
“Nearly every industry has been impacted by supply chain disruption, magnifying the need to accelerate improvement opportunities in supply chain planning and execution,” said a NTT DATA Services executive of the deal.
From relay networks to industry unicorns, FreightWaves looks at technology trends that will continue to transform supply chains into the new year.
After years of work, TuSimple engineers and executives silently watched their autonomous semi take its maiden voyage without a driver.
After finding out that Central Freight Lines was shuttering operations, hourly employees, including 1,325 truck drivers, learned that their final paychecks weren’t mailed out as promised before Christmas.
Lean BPO offers back-office and customer support services tailored to the needs of each client.
McDonald’s called in the air cavalry to overcome shipping disruptions that forced it to ration french fries in Japan.
TuSimple achieved its goal of sending a Class 8 truck with no one in the cab on a nighttime run along Interstate 10 in Arizona.
Deutsche Post DHL Group is ranking its road transport subcontractors on their level of sustainability.
The stress of the pandemic made it crystal clear that supermarket supply chains will need to be streamlined and optimized to continue to meet strong consumer demand, especially during unpredictable and volatile times.
Shippers increasingly search for suppliers with sustainable operations.
The LTL carrier’s debt at the end of the third quarter was higher than a year earlier, but Moody’s is optimistic in making its upgrade.
Shipping lines are flush with cash and using it to expand into logistics services.
Several asset-based carriers changed their course through M&A in 2021.
“Expectations are that high consumer demand and low inventory levels will keep rates elevated well into next year,” says Peter Sand, chief analyst at Xeneta.
“We are a data company that happens to be applying our data points to solving problems in supply chain,” says Dray Alliance co-founder and CEO Steve Wen.
A national regulatory body has permanently banned the Chicago-based parent companies of K-Ratio X’s now-defunct fuel hedging program that targeted trucking companies from any futures trading.
Maersk is becoming an integrated logistics goliath with the ability to provide freight management, transportation, warehousing and e-commerce fulfillment for big retailers and manufacturers.
EDRAY’s global shippers reportedly have seen a 40% increase in drayage productivity, five times less rehandling and 25% less emissions.
“We don’t partner with one asset, we partner with all box truck assets in a region and we aggregate the totality of orders to be sure that there is one full truck delivering to one ZIP code,” said Onward Delivery CEO Grafton Elliott.
From ocean shipping reform to vaccine mandates, the past year has been a backdrop for new and proposed government oversight and requirements affecting carriers and shippers.
RLS Logistics continues to roll up the cold storage market, adding one family operator at a time.
Plus and Iveco lay out a timeline for driver-supervised autonomous trucks followed by fully driverless trucks.
The latest example of an ocean carrier expanding into the logistics space involves MSC trying to buy a piece of Bolloré Logistics.
The addition of three cranes along with dredging and the construction of a freight corridor has Boston big ship ready.
A former Central Freight Lines employee claims the Waco,Texas-based less-than-truckload carrier violated federal law by failing to give 60 days’ notice of its planned shutdown to nearly 2,100 employees and truck drivers, who found themselves without jobs two weeks before Christmas
Locomation earned high marks on a third-party environmental impact report conducted by Boundless Impact Research and Analytics last month.
FreightWaves takes a look back at some of the most destructive weather events of 2021 and their impacts on freight.
AskWaves looks at some of the catalysts that have heated up M&A in the transportation space.
The logistics startup has wrapped up its series B funding round.
FedEx’s Express and LTL units delivered solid performances, while the bottom may have been hit at its Ground unit.
The woman pleaded guilty but was not a key organizer of the June 2017 accident.
