“Beginning with the 2018 merger of Transportation Insight and Nolan Transportation Group, we have been on a mission to bring together the most innovative thinkers with the most powerful technologies and data to empower the largest network of people to create a new future of logistics,” says CEO Ken Beyer.
The sight of an armada of ships off the California coast garners much attention, but shippers should instead focus inland to digitize their driver networks.
Picking transport stocks in 2022 will not involve a blanket approach, according to Deutsche Bank. However, there are still several companies with significant upside potential.
Innovation and investment are the watchwords at the Georgia Ports Authority, where officials are rushing to deal with supply chain constraints.
TFI International expands its U.S. temperature-controlled business with the acquisition of Missouri trucking firm D&D Sexton.
“I wanted to find a way to reduce emissions that was nonregulatory and allowed shippers to select carriers based on operational efficiency [and] price,” says Eric Beckwitt, Freightera founder and CEO.
Hedge funds and retail investors led the takeoff in transportation SPACs that are barely staying aloft. Guess who gets the better end of that deal?
Double demurrage in Seattle: A terminal operator is adding a second layer of fees for extended container dwell times.
Aurora Technology pledges to be first to take the driver out of an autonomous truck in late 2023, but its freight ambitions are modest at present.
The owner of a tanker testing and repair company has been sentenced for lying to OSHA about an illegal repair to a fuel tanker that resulted in an explosion that severely injured him and another worker.
Canadian transportation and logistics firm Manitoulin Group expands in western Canada with acquisitions of Diamond Delivery and First Canadian Messenger.
Despite reports that congestion issues are easing on the water at California’s major ports, drayage truckers claim this isn’t the case for them as efficiency issues continue to plague terminal operators.
“We cut out three to four hours a day of just nonsense back and forth between carriers, accounting, operations.”
Kuehne + Nagel is one of the largest, most profitable international freight management companies in the world. Its CEO announced he will leave next year.
Canadian Pacific says it will reopen its rail link with the Port of Vancouver on Tuesday, vowing to clear backlogs to “get the supply chain back in sync.”
Cargo is moving a bit more smoothly at the Southern California ports, giving officials reason to hold off assessing stiff storage fees.
“Leaders should realize that you’re not going to get a lot of benefit by trying to build volume with negative margins. The goal here is to be focused on value-adding technology and cloud adoption, not in volume building,” says Loadsmart co-founder and co-CEO Felipe Capella.
Air Canada is adding cargo capacity equivalent in weight to 860 adult moose in and out of Vancouver.
“The most effective way to address supply chain congestion is to move inventory closer to the end customer,” said Deliverr co-founder and CEO Harish Abbott.
States’ ability to prioritize freight projects may determine whether Biden’s infrastructure money will make short- or long-term progress toward fixing the country’s supply chains.
This week: Xos donates use of its electric stepvans to the Los Angeles Mission; Truckers Christmas Group begins its holiday campaign; and Chester’s Chicken partners with Love’s for “Truckersgiving.”
The union must now negotiate a contract with XPO, a process that can take a long time.
A consultant’s figure exhibits the problem: Rail’s share of freight is where it was 12 years ago.
Air and ocean asset-light logistics provider STG has acquired International Warehouse Services.
CalTrans is boosting the weight limit for port truckers. The regulatory change was made with good intentions, but can it work?
Private ownership would allow Echo to accelerate M&A and technology investments.
“There’s a lot of waste in the freight industry, and we believe much of it can be avoided with new approaches to capacity sourcing and shipment automation,” said the senior vice president of USA Truck, which has been helping develop Convoy’s program for the past year.
FreightWaves’ new series dives into the stories behind the industry’s biggest investments. Its first stop: the 33-year-old Chicago-native Jason Duboe who leads project44’s scaling initiatives.
Eight California Republicans are calling on Gov. Gavin Newsom to suspend or eliminate regulations and declare a state of emergency to address the supply chain crisis.
After moving packages for UPS in converted Chrysler Pacificas, Waymo Via is applying its latest autonomous system to Class 8 trucks in Texas.
Zim’s profits are still going up — way up — despite more vessels getting snared in West Coast port gridlock.
Ensuring load accuracy at the shipper facility is key to on-time delivery.
Ree Automotive has unveiled a blank-canvas autonomous vehicle design to last-mile delivery operations.
Green bonds are designed to help companies fund environmentally sustainable projects that often have higher upfront costs.
The Port of Vancouver warns of terminal disruptions and vessel delays after flooding in British Columbia cuts off CN and CP rails.
Although customers may have pulled back from ordering in the third quarter, that pullback is temporary and customers will still need new railcars eventually, FreightCar America executives said during Monday’s third-quarter earnings call.
A drop in traffic because of the pandemic appears to have been a one-shot that made the market less difficult for underwriters.
Federal regulators will soon begin analyzing how transportation data sharing can move more containers.
One of the three new investors, D1, already has significant investments in logistics.
President Biden signed an executive order Monday outlining his administration’s priorities for guiding implementation of his $1.2 trillion infrastructure package.
SCOTUS’ request for input on the CTA case suggests it is interested in the question of state versus federal preemption, and trucking attorneys are happy as a result.
Five areas where hyperautomation can have an immediate impact
WeatherOptics has become the ninth contributor to the partnership, joining a list of visibility partners including Tive, project44, FourKites, TransVoyant, MarineTraffic, Everstream Analytics and Cloudleaf.
Robot trucks have to sense when trouble lurks, such as an impatient motorist passing on the left — or the right — when they are trying to turn.
Rates expected to remain strong into 2022, fallout from new ship deliveries in 2023-2024 to be muted.
The two facilities will create up to 1,000 full-time jobs and will be among the largest high-tech distribution and fulfillment centers in the company’s supply chain.
Desperate times call for desperate measures, and Georgia port officials are pulling every lever possible to reduce shipping delays that are having a national impact.
A federal appeals court has ruled that greenhouse gas emission standards do not apply to truck trailers.
FreightWaves CEO Craig Fuller provides analysis regarding the Infrastructure Investment and Jobs Act.
Truck Talk brings perspective, context and commentary to the trucking industry ecosystem.
Also on the podcast: Why banning oil exports would have no impact on prices.
“While the front end of commerce has seen significant innovation over the past decade, much of the back end of the supply chain is built on disparate systems and manual processes,” says an Orderful investor.
“Our company vision is: ‘To create the ultimate freight shipping experience by operating at the optimal intersection of people and tech.’ This is our first step towards making that vision a reality for our customers,” says the founder and CEO of Ally Logistics.
Crude and product tankers may be totally different markets, but 2021 proved how connected they are.
SONAR Supply Chain Intelligence (SCI) allows carriers to compare their lane rates with the market to see where they fall.
Even when everyone agrees, regulations take a year to get approved. And there are detractors to autonomous trucking rulemaking
EZ Loader’s Brad Clark and Reliance Partners’ Jessie Merritt discuss how acquiring cargo and supplemental insurance in seconds rather than in days is leveling the carrier playing field.
Intertwining zero emissions with autonomous trucking in California overlooks the benefits of driverless operation, TuSimple’s Jim Mullen says.
The shift to e-commerce in the COVID era has created a “new order” that requires new tools, according to project44’s supply chain SVP.
Convoy co-founder and CEO Dan Lewis sat down with FreightWaves CEO Craig Fuller for a fireside chat at Thursday’s F3 Virtual Experience.
At the F3 conference, Skybitz’ Sackman says recent developments in Bluetooth technology have significant aided the movement to make trailers a “smart” piece of equipment.
Schneider aims to “eradicate manual processes and paper because it is completely inefficient,” said Erin Van Zeeland, group senior vice president and general manager of logistics services at the company.
Berkshire Grey’s revenue was up 750% year-over-year, but it still missed on analyst expectations, more than tripled its net loss and more than doubled its adjusted-EBITDA loss.
For journalists who have been reporting on the crisis since the initial COVID disruption, it’s been a welcome-to-the-party mentality upon seeing mainstream media outlets crank up coverage.
Embark Trucks rings the Nasdaq bell to begin public trading Thursday, but early share redemptions in its SPAC merger cut proceeds by $300 million.
President Biden was Professor Biden at the Port of Baltimore, explaining Supply Chain 101 to the American people.
Bringg executive Larry Klein explains how the company’s cloud technology empowers retailers to get products to consumers faster – and more simply.
Company demos presented during FreightWaves’ F3 Virtual Experience show how automation can provide cost and time savings.
From yard management and ELD integrations to payments and email programs, companies displayed their FreightTech during F3.
A top Washington policymaker explains why lawmakers have to look beyond politics to make federal funding work for freight.
The CEO of Turvo, a cloud-based collaborative platform, sees a major evolution underway in the supply chain industry.
FreightWaves’ Tyler Cole and Brad Benbow, business growth investments at Ardagh Group, chat during FreightWaves’ F3 Virtual Experience on ways to cut supply chain waste.
Parts shortages delay winter testing of Hyliion’s Hypertruck ERX while Cummins’ competition casts doubt on the future of the startup’s current Hybrid eX.
Latin American countries “are all completely different markets that need different solutions and I look forward to helping project44 understand those differences,” says Pierre Jacquin.
Cross-border trucking and logistics firm Titanium is negotiating higher rates with customers as inflation puts pressure on margins. “Nobody is shocked,” COO Marilyn Daniel says.
“As that system proves out over billions of miles of experience and proves the real safety of the technology, we think that will be a key building block towards fully autonomous trucks,” says Plus COO and co-founder Shawn Kerrigan.
Investments in cold chain visibility and control solutions help ensure the integrity of the cargo and efficient capacity use when capacity is scarce.
The Gartner research VP will also share his views on data, AI and sustainability.
Autonomous trucking software developer Kodiak Robotics raises $125 million in new capital after passing on going public via SPAC.
Finding capacity and orchestrating communication along supply chains.
Third-party logistics provider Radiant Logistics again posted record quarterly results on Tuesday. On a call with analysts and investors, company officials called out strength in virtually every segment Radiant serves.
Michele Sancricca of Amazon Web Services talks to Chris Hurst of StratusCloud about the increasingly critical role of data in the supply chain is changing how companies are turning to cloud-based services to manage the information.
Transportation Secretary Pete Buttigieg has offered assurances that billions of new tax dollars dedicated to infrastructure will be protected against fraud and mismanagement.
What makes visibility systems useful for supply chains is when it flows that information into a company’s planning systems, says Kevin O’Meara, vice president of integrated supply chain at Shaw Industries Group.
Domestic headwinds were balanced out by an international expansion as DoorDash stock popped 10% in post-market trading.
President Biden got input Tuesday from express carriers and large retailers on the supply chain crisis.
FreightTech companies demonstrated products and services designed to improve efficiency in supply chains.
FreightWaves’ Kevin Hill sits down with Michael Newcity, ArcBest’s chief innovation officer, during the F3 Virtual Experience to discuss the importance of customer collaboration in building winning technology solutions.
PS Logistics has acquired Daryl Thomason Trucking, which has 108 tractors and 167 53-foot flatbed trailers.
Electronic bill of lading capabilities in less-than-truckload shipping are growing in favor, according to shipping management platform MyCarrier.
Less-than-truckload carriers report strong October results. But one analyst questions if the stocks have run too far ahead of results.
Fleets using Daimler Trucks North America’s Cascadia can now choose the apps or telematics solutions they want without hardware upgrades after the truck maker leveraged its partnership with Platform Science to introduce the Virtual Vehicle platform.
Truckload carriers booked record gains on the sale of revenue equipment during the third quarter but the profits shouldn’t be viewed as artificial earnings.
The Biden administration is racing to cut red tape so the government can expedite port and freight transportation infrastructure investments.
Serial SPAC creator Hennessy Capital and Plus cancel their merger, likely over Chinese technology regulations that could carry over to U.S. business.
TFI International is consolidating its U.S. truckload and dedicated operations, including Transport America and part of the former UPS Freight, under CFI to cut costs and boost performance.
BNSF’s third-quarter net income rose 14%, to $1.5 billion, despite supply chain disruptions.
EBITDA at the digital brokerage remains in the red, but it is getting closer to breakeven.
“Meeting customers where they need us most has been a relentless focus of the team since inception,” says the co-founder and CEO of Bolt Logistics.
Texas is using repurposed shipping containers as part of its $750 million border wall with Mexico.
