Business

The broker seeks relief in a preemption battle by casting the 9th U.S. Circuit Court of Appeals in a rogue light.

Oshkosh files to intervene in Workhorse’s lawsuit against the U.S. Postal Service.

CEO Todd Ehrlich says the venture studio model leverages valuable resources for innovators to build startups faster and with less complexity and capital.

Heyl Truck Lines announced the acquisition of Holiday Express. The deal combines two Iowa-based temperature-controlled haulers.

Bridgestone invests in Kodiak Robotics and sees tire data sharing improving safety of autonomous trucks.

The report says that North America will be less appealing than Asia in the eyes of business, at least through mid-decade.

Outside funding totals nearly $5 billion as Waymo’s expenses rise to expand driverless ride hailing and high-autonomy trucking software.

Wabtec and General Motors have signed a memorandum of understanding to develop and commercialize GM’s advanced battery technology and its fuel cell technology for Wabtec’s locomotives.

Ukrainian police arrest six alleged members of Clop, a notorious ransomware gang behind multiple cyberattacks on transportation and logistics companies.

A new terminal in Fort Worth, Texas, will let TuSimple extend its autonomous trucking network eastward to North Carolina and Florida.

There’s fintech and FreightTech. PayCargo plays in both spheres and is well supported by investors.

Circulor helps manufacturers track CO2 emissions and trace materials such as the cobalt, lithium and plastics in electric vehicle batteries throughout supply chains.

South Korean shipping line HMM says it was victim of a cyberattack that caused outages to its e-mail systems.

Nikola Corp. agreed to sell Tumim Stone Capital up to $300 million in new shares over the next three years.

PowerFleet offers in-cab and exterior camera technology, as well as visibility for the freight pallets inside the trailer.

As frightening as they appear, ransomware attacks are based on a simple concept of locking up data and effectively holding it hostage.

The THT Group Inc., doing business as Truckers Health Team, abruptly closed all 14 of its clinics at various Pilot Flying J Travel Centers and filed for Chapter 7 bankruptcy on Thursday.

A Prologis Research report says new logistics real estate completions coming online will fall short of demand over the next decade.

Spartacus will acquire the company in a valuation of more than $1B; more than $400M will be plowed back into the business for growth.

Two brothers have been embroiled in a yearslong dispute over how to sell off their cross-border trucking business so that each gets a fair share.

Yellow CEO Darren Hawkins sent a formal response to lawmakers seeking proof of compliance with the terms of the $700 million CARES Act loan.

The briefs filed by the trade groups seek to bolster arguments made by CTA but rejected in the split decision by the 9th U.S. Circuit Court of Appeals.

Fleet intelligence provider Omnitracs announced the latest release of its SmartSense technology Thursday. SmartSense for Inattentive Driving+ aims to reduce accidents by identifying distracted driving.

The barge and tugboat operator said if no buyers come forward, it could begin employee layoffs by July 15.

Legal woes force Illinois trucking company Mardon Trucking Inc. to cease operations and file Chapter 7 bankruptcy this week.

The investment was motivated by continued growth in the specialty freight logistics markets.

Trips that once took three to four weeks are often taking three to four months, and shipments will undoubtedly miss their season for some retailers.

Truckload carrier Western Express will install Platform Science’s full suite of technologies, including the Remote Platform Management system, across its fleet of 3,000 trucks.

J.B. Hunt Transport Services is the latest fleet to test autonomous trucking software in Texas, hauling loads in human-supervised robot trucks from Waymo Via.

At a UBS conference, two execs from the truckload carrier reviewed the market for drivers in the midst of the freight boom.

Factoring is one of the most important sources of liquidity for small fleets and independents, and it’s undergoing significant consolidation.

XPO Logistics provided updated expectations for the second quarter and issued 2022 guidance for soon-to-be stand-alone logistics company GXO.

U.S. Customs and Border Protection seizes drugs from trucks on a regular basis. Lawyer Su Ross of MSK talks to Long-Haul Crime Log host Nate Tabak about what fleets and owner-operators need to know when drugs are found in one of their trucks.

KeepTruckin has unveiled Fuel Hub, a telematics-based machine learning tool that can help identify drivers and vehicles that may be using more fuel than needed.

The new company already has 10 clients, as it takes the HubTran platform and steers it toward a market that is similar but with key differences.

Autonomous trucking software startup TuSimple’s public offering helps boost Navistar Q2 earnings while a trucking recovery leads to added production.

Turntide Transport division will initially target electromechanical systems to decarbonize markets such as commercial and industrial vehicles, rail, marine and aerospace.

Waabi has emerged from stealth with $83.5 million in funding and a plan to build AI-first self-driving technology.

The large year-over-year revenue increases recorded by less-than-truckload carriers in the second quarter continued with Yellow on Monday after the close. However, the carrier’s operating metrics lagged some of its competitors as it continues to execute a companywide overhaul.

The Department of Justice seized most of the Bitcoin paid to the gang behind Colonial Pipeline cyberattack as the U.S. targets the “entire ransomware ecosystem.”

The general contractor on the wind project where the driver was working was stuck with the biggest share of the award, but two drivers also were assigned blame as well.

Petco leverages its stores to fulfill 83% of online sales. That’s much higher than Target’s %, which has the best omnichannel operation in retail.

The desktop and mobile versions of the carrier portal will launch in mid-July, while the app ⁠will be released later in Q3.

The Alpharetta, Georgia-based peanut and tree nut processing company “will be closing entirely and permanently ceasing operations” in El Paso, Texas.

Navistar was hit by a cyberattack in late May, but the truck maker said it is working with cybersecurity experts to minimize the impact.

The blank-check route to going public is losing steam, but Aurora Innovation may take the plunge in a SPAC led by one of its investors.

Nikola founder makes bank for early employees to whom he gave 6 million low-priced stock options.

The 20-year battle over broker post-accident liability may be resolved once and for all.

Trucking owner Keith McConnell, 43, of Carlisle, Pennsylvania, is facing federal charges after prosecutors claim he used PPP funds for personal use.

U.S. Customs and Border Protection officers found more than $6 million worth of marijuana in trucks purporting to have paper shipments in two separate seizures in the Buffalo, New York, area.

The president of the Arkansas Trucking Association estimates $2.4 million a day in trucking industry losses due to the I-40 Mississippi bridge closure.

Workhorse Group has nothing significant driving its stock price higher, only retail traders seeking to make money if the price falls.

There was a fair amount of “feel-good” talk regarding inventory build during the fiscal first-quarter retail earnings season. But for several chains, the year-over-year comparisons were easy. Further, sales have continued at an elevated clip, suggesting the massive merchandise restocking is far from over.

A U.S. House subcommittee has launched an investigation into Yellow Corp.’s $700 million CARES Act loan.

FedEx remains inundated with elevated parcel volume stemming from continued online shopping resulting in longer delivery times, service blunders and upset customers.

If the farmer had the phone number of the customer buying the grain or OFE’s app to make the match, maybe there wouldn’t be as many middlemen and maybe the farmer would have better options.”

Less-than-truckload carrier Old Dominion reported further acceleration in tonnage and yields in the first two months of the second quarter on Thursday.

“We think we’re kind of on the cutting edge of this,” the Global Weather Corp. CEO said about its role in advancing road condition forecasting.

Less-than-truckload carriers ArcBest and Saia report continued strength in demand through the first two months of the second quarter.

Christen Diane Schulte, 35, of Washington, Missouri, was sentenced to six years and eight months in federal prison for embezzling more than $700,000 from a family-owned trucking company and farm.

Truck drivers and carriers that transport livestock are feeling the sting as the cyberattack on JBS disrupts operations at multiple meat processing facilities.

Truck broker Landstar System raises its second-quarter guidance as shipments and pricing outpace its initial outlook.

The digital freight platform has a big market share in China, is growing its revenue but remains unprofitable.

President Joe Biden’s regulatory policy shift has wide-ranging implications for shippers and carriers.

The injunction blocking AB 5 is still in place for now.

Doing business in China is tricky and companies could get sucked into the political quicksand, so best to have an exit strategy to avoid reputational risk, experts say.

It seems that centralized buying and local product discovery are polar opposites. How can Whole Foods centralize buying and get better at the local level?

The company’s chief retention officer said a far wider range of steps explains the company’s recent success on several fronts.

Canadian trucking firm People Express Transport was shut down by a court-appointed trustee following a months-long fight over millions of dollars in debt.

FreightWaves and Turvo announced that FreightWaves SONAR will be added to the Turvo collaborative logistics platform.

Three years after winning an exemption to use cameras instead of ungainly outside mirrors on semi-trucks, Stoneridge Inc. is winning over fleets.

In one case, the insurance and medical payouts totaled $275,500.

Canada Post says a cyberattack and data breach at an EDI supplier impacted 44 of its major parcel shippers and nearly 1 million of its customers.

Allowances for potential future write-offs also showed improvement in the bank’s second quarter.

Kodiak Robotics strikes a partnership with South Korea’s SK conglomerate to move its autonomous trucking software to Asia.

Illinois trucking company B & B Logistics Inc., cited several times for hours-of-service violations, shuttered operations and filed Chapter 7 bankruptcy in mid-May.

One piece of legislation backed by the Texas Trucking Association is heading toward approval, while a second may not be necessary as a result of a court ruling.

With the Canadian ELD mandate going into effect on June 12, fleets operating in that country need to know the key differences from U.S. regulations and whether they have a compliant device.

FreightWaves chats with chief sustainability officers about their experience and how they drive sustainable change at each company.

The company aggregates its cold-chain logistics services into a dedicated unit.

Shippers leaning toward private fleets need to consider the risk, as well as how to optimize warehouses, trailers and containers.

Amazon confirmed its annual Prime Day event will be held in Q2 (likely June), as it seeks to improve on a record Q2 2020, when revenue grew 40%. But there’s also major supply chain reasoning behind the decision.

The ransomware attack on Colonial Pipeline should serve as a wake-up call to the trucking and logistics sector, where companies keep getting targeted by hackers even though many incidents are preventable.

A commonly seen financial term — earnings before interest, taxes, depreciation and amortization (EBITDA) — and why it’s used is explained.

The headlines are touting Target’s store fulfillment numbers, but Home Depot’s right behind, fulfilling 55% of online orders from stores. This is particularly advantageous for Home Depot, which sells goods that are more often heavier and bulkier than its retail counterparts.

The best-in-class retailers navigated well, and managed to grow inventory considerably in the first months of the year.

The White House has proposed to Republicans a $1.7 trillion counteroffer on its initial $2.25 trillion infrastructure package.

Truck Talk is a weekly newsletter from FreightWaves that adds perspective and context to happenings in the trucking world.

DOT’s response to the Interstate 40 bridge outage needs more urgency, according to U.S. Sen. Marsha Blackburn.

The Shipper of Choice Award recognizes companies that attract carriers because they make it easy to do business.

Consumers reversion to services has not come at the detriment of durable goods spending. Over the past four weeks, the mix of durable goods-to-services spending has remained stable.

Kevin Hill, FreightWaves’ executive publisher, chats with Michael Newcity, chief innovation officer and president of ArcBest Technologies, during FreightWaves LIVE @HOME.

“Ultimately the pandemic has made everyone realize that there are opportunities here to make all of our lives better going forward.”

In addition to improving margins and boosting brand image, cutting ties with retailers simplifies Under Armour’s supply chain at a time when its needed most.

Waymo solved the maze of autonomously navigating surface streets. That is helping WaymoVia teach commercial trucks how to do likewise.

Three FreightTech companies demonstrated their innovative technology solutions to increase supply chain efficiency during FreightWaves LIVE @HOME on Thursday.

Mark Hazelwood, the former president of Pilot Co., wants a federal judge to recuse himself from overseeing the retrial of a fuel rebate fraud case against him and two of his former staffers and also wants to have his case moved from Tennessee to another state.

“We have added the ability to have an app-based experience versus an online website to manage your back room and that kind of innovation is a big reason why our retail customers have been working with us.”

People are eager for face-to-face gatherings. But health and safety issues will still call the shots.

The cyberattack on Colonial Pipeline showed the devastation that ransomware can bring. GlobalTranz Chief Technology Officer Russ Felker explains what transportation and logistics companies can do to protect themselves, and why good cybersecurity starts at the basics.