Susy Schöneberg, the founder and head of Flexport.org, discussed monetary and time-saving benefits of sustainable operations as well as customer loyalty.
Kevin Walker, president of Accentrics Home, and Doug Ladden, co-founder and CEO of Deliveright Logistics, talk about challenges and best practices for the heavy-goods logistics industry.
CFI’s facility in Laredo, Texas, has 6,000 square feet of office space on a 40-acre lot, including a staging and transloading area for cross-border Mexico freight.
National Retail Federation’s Jon Gold and CNBC’s Lori Ann LaRocco discuss the impact of empty containers and port congestion and how retailers can protect themselves from future supply chain vulnerabilities.
Kris Bjorson, JLL’s executive brokerage director, discusses the market for B-to-B last-mile real estate.
Write-offs for the quarter are better than even the strong freight market of 2018.
Certified B Corporation Flock Freight raises the bar with a commitment to offset carbon emissions from FlockDirect shipments for customers.
Jon Gold, the vice president of supply chain and customer policy with the National Retail Federation, sits down for a fireside chat withWeston LaBarof the Harbor Trucking Association to discuss the backup in the port of Long Beach/Los Angeles.
Geodis’ Jeff McDermott joined FreightWaves to talk about challenges that parcel carriers are facing and lessons learned from the pandemic.
Koffie provides quotes based on individual truck characteristics within a day.
Industry expectations surrounding information access and transparency have grown. Qualified IT professionals are required to meet these new demands.
In his FreightWaves Global Supply Chain Week keynote, Intel’s Ravi Dosanjh said we need to embrace disruption and future change, learning to adapt and more effectively anticipate what those changes will be.
XPO is known as a digital broker that collaborates with its customers to develop innovative technologies.
There has been a consumer flight to reliability throughout COVID, and Walmart benefited from this shift as much as any retailer. But with the end of the pandemic now in sight and Americans poised for the reopening of services, Walmart is expecting growth to moderate considerably. Walmart announced plans to invest heavily in its supply chain, namely fulfillment capacity and automation, to front-run the deceleration and claw toward e-commerce profitability.
The manager of a small U.S. trucking company recounts the harrowing experience of a ransomware attack and the troubling breach of its transportation management system.
One of the largest players in public LNG shipping, GasLog Ltd., plans to give up its NYSE listing. Will more shipowners opt to go private?
Javid’s Joshua Rubin talks with FreightWaves’ Noi Mahoney about the advantages shelter companies can provide in helping companies set up manufacturing operations in Mexico.
Loans so far in PPP round two that go to the trucking and warehouse sector are about the same percentage of all loans as in the first round.
Jeffrey Curtis, the vice president of defense and supply chain at Simba Chain, discusses the importance of auditability of defense supply chains.
Goodyear is buying Cooper Tire in a $2.5 billion “transformational” deal.
Jennifer Bisceglie discusses how Interos ingests over 100,000 different types of data feeds to map out a company’s extended supply chain and monitors weather and world events to prepare companies for any ripple effects in the defense supply chain.
Bloomberg opinion columnist Brooke Sutherland discusses how the private sector can help with COVID vaccinations.
A ransomware gang has leaked data related to Hyundai Motor America’s logistics operations after an apparent ransomware attack on the automaker and subsidiary Kia Motors America.
Jason Coker, vice director of the Arnold Engineering Development Complex, chats with FreightWaves President George Abernathy about the efforts made to meet the growing demand for weapons systems technology and testing and the challenges space commercialization have presented.
Texas weather calamity shows how underinvestment is putting the nation at risk of future disasters, says Alliance for American Manufacturing president.
After a successful pilot program, Walmart associate groups are funding an MIT course on supply chain management.
A change in political direction – and ongoing concerns – greet 10 Biden picks who will deal with freight issues.
A $250 million e-commerce- and transportation-focused SPAC was filed Friday. Logistics industry veteran Dick Metzler is behind the deal.
While the opinion letters don’t have the force of law, they do suggest which way the new administration will go in classification of compensation issues
Winter storm Uri was brutal for a lot of people, specifically in the Southeast and Southwest. With that being said, the auto industry experienced some repercussions from the storm worth noting.
Uber recently sent out a white paper on its views of compensation and other benefits for its drivers in Europe.
“Constantly shifting consumer demand and supply shocks that are felt worldwide regularly throw supply chains out of balance.”
A former accounting employee of a New Mexico-based trucking company pleaded guilty in federal court to embezzling more than $1.1 million from her employer over a seven-year period.
Ryder CEO Robert Sanchez gets two opportunities to talk about the company’s outlook, in an earnings call and at a Citi conference.
A former Jet.com co-founder is rethinking the way e-commerce orders are delivered — specifically, when orders are delivered and in what vessel they arrive at their destination. Nate Faust believes after 25 years of e-commerce, it’s time for a new way of imagining delivery.
On-demand driver platform Haul has attracted a diverse group of investors as it looks to disrupt the CDL staffing industry.
Despite a last-minute pardon by former President Donald Trump in his criminal case, tech pioneer Anthony Levandowski’s legal woes continue after he was forced to file for bankruptcy protection on […]
Cold storage operator Americold saw occupancy dip year-over-year during the fourth quarter as food manufacturers struggled to keep proteins in stock.
Prospective North American and international customers are inquiring about Wabtec’s battery electric, heavy-haul locomotive, which is undergoing advanced tests with BNSF. The company reported its fourth-quarter results on Thursday.
The California DMV alerted customers to a possible data breach involving one of its vendors. Jason Feldman of AFTS confirmed the ransomware attack but couldn’t comment on the group behind it, how much money the hackers requested and whether his company paid.
Star Bulk and Golden Ocean have recently acquired almost $1 billion in ships between them as they seek more exposure to the dry bulk market.
Cass freight data released Thursday shows a huge surge in freight spending with solid growth in shipments. The report indicated that 2021 is unlikely to produce the “rate relief” to shippers that 2019 provided.
Also on the podcast this week: The soaring price of diesel and the impact from the Texas cold snap
Using domestic reloads and street turns are among Blume Global’s strategies to reduce empty miles and emissions.
Walmart shares drop hard as investors focus on lower-than-expected fiscal year 2021 fourth-quarter results and uninspiring FY 22 guidance.
The Container Store’s (NYSE: TCS) most recent earnings call details the reality of shifting to a greater mix of e-commerce sales at a time when transportation capacity is extremely tight.
Combining Hunt’s data and Google’s tools will yield differentiated service offerings.
Ascend focuses on smaller carriers and shippers, which now will have greater visibility into what Uber Freight has to offer.
Peloton is riding a wave for the history books right now. It has grown revenues by triple digits year-over-year for three consecutive quarters while building one of the most recognizable brands in not just fitness, but all consumer segments. If it should continue this meteoric rise, it must sort its supply chain issues before either the vaccines or competition prematurely puts out its flame.
Cargo shippers hamstrung by the global container shortage should not expect a box building spree in China to come to their rescue.
Werner Enterprises modestly lowered earnings expectations for the first quarter of 2021 due to downtime caused by recent winter storms. The company expects no change to the tight capacity dynamic for some time.
The warehouse robot maker sees strong growth as more businesses automate their fulfillment operations.
Reliance Partners announced Wednesday it has acquired Borderless Coverage, an insurance agency focused on the U.S.-Mexico commercial transportation and logistics industries.
Several Latin America-focused freight and logistics-related startups have recently secured more funding, including Mundi, Jüsto and Valoreo.
anadian e-commerce firm Shopify continues to slowly ramp up its U.S. fulfillment network on the heels of record fourth-quarter financial results.
Amazon so often does everything seemingly right, so it’s important to talk about its shortfalls. I’m confident Amazon will right the Whole Foods ship, but it’s clear the boat has been sailing against the wind since COVID hit.
David Owen West pleaded guilty to fraud and money laundering in federal court, admitting he orchestrated an elaborate scheme to defraud his former employer, Petco Petroleum Corp., out of more than $400,000.
Autonomous vehicle startup Gatik has announced it will deploy electric trucks as part of its autonomous testing in New Orleans with partner Walmart.
Torc Robotics gets millions of gigabytes of data in testing self-driving trucks for Daimler AG. Now it wants Amazon Web Services to make faster sense of it.
Appearing at an investor conference, J.B. Hunt CEO John Roberts said this year’s intermodal bid season will go a long way in determining whether the company curtails the division’s margin target.
Amazon is an e-commerce rocket ship. Making those deliveries possible is Amazon Air, which is growing so fast it could make it possible for more people to receive orders within a day.
Preeti Pande, the hydrogen solution provider’s chief marketing officer, comes with extensive fuel cell industry experience and a Ph.D.
The Open Visibility Network partnership will combine FourKites’ and Tive’s data and capabilities to give mutual customers more supply chain visibility.
FreightWaves’ interviews are sure to spark discussions among industry insiders.
TCA advocates for an increase to the federal fuel tax to make up for funding shortfalls, but also recognizes that a vehicle miles tax is inevitable. The question is how do we get there?
The activist investor group seeking changes at Forward Air said the company’s recent results and guidance are “substandard” in a letter to shareholders. The group also asserts that Forward was “disingenuous” in the way it provided updates on fourth-quarter results, suggesting it was fearful of receiving other board nominations.
Digital freight forwarder Flexport can now link consignee order data to shipments from suppliers.
More venture capital flowing to maritime tech startups – and more shipping companies giving those startups a trial run.
Most less-than-truckload carriers have implemented general rate increases for 2021. The average increase is in the mid-single digits, ahead of some increases issued in the past and likely indicative of a firm LTL market.
Truck parking reservation platform TruckPark is adding more locations to its platform through a partnership with national parking provider ParkMyFleet.
General Motors is extending temporary shutdowns at three assembly plants, including one in San Luis Potosí, Mexico.
Amid heightened scrutiny over the direction of the company, Forward Air’s management team defends its current strategy. Fourth-quarter results were negatively impacted by a December cyberattack.
On podcast, Amit Mehrotra of Deutsche Bank looks over the reports for the last quarter of last year
On Wednesday, the U.S. International Trade Commission ruled against SK Innovation Co. Ltd. for stealing battery trade secrets from LG Chem. What implications does this have for OEMs that rely on SK?
From truck parts to fuel cells, business leaders face challenges in getting critical components and meeting customer expectations for delivery.
We’ve long touted retail inventory restocking as a primary growth driver for the freight bull run, but apparel brands aren’t aligning with this thesis. Rather than reverting back to habitual overordering and year-end discounting, retailers are sticking with the conservative ordering tactics that helped them win the holiday season.
As vaccine distribution spreads globally, the hope for pre-pandemic normalcy heightens. But FreightWaves’ exclusive conversation with Bill Fallon, AIT Worldwide Logistics’ vice president of global accounts, reveals that the changes spurred by the pandemic may permanently shift how the global community works and shops.
Doctors have been identified in the lawsuit, a truck driver was fired after one “accident,” and C.R. England paid out over $4 million in a case.
Leaf Logistics CEO Anshu Prasad believes manufacturers of food and consumer packaged goods could be in jeopardy of missing earnings expectations as transportation rates remained elevated throughout the quarter.
New unit acquired by Forward Air increases its intermodal footprint.
XPO Logistics sees strong momentum coming off an excellent fourth quarter.
Smart loading dock startup Kargo announced the close of its $6 million seed round on Thursday. The company eyes further expansion and product development.
Two GlobalTranz employees whose job classification changed have filed suit for overtime, but the suit seeks much larger class certification.
Rush Enterprises sold Class 8 trucks at a level reflecting the industry’s overall COVID-impacted decline in 2020. It expects better results in 2021 and beyond.
Samsara announced Thursday it has surpassed more than $300 million in run-rate subscription revenue for the fiscal fourth quarter ended Jan. 30.
Day Three of Global Supply Chain Week will cover topics related to food and CPG supply chains. Tyson Foods Chief Sustainability Officer John Tyson is set to start the day off with global sustainability in mind.
The first reaction to earnings at Ryder from Wall Street was decidedly negative.
Thanks to COVID, there are no seasonal highs and lows for international shipping. There is so much demand for goods that the peak season never seems to end — and ports, railroads, truckers and warehouses are reaching the breaking point.
A California judge awarded $23.7 million, considered a “nuclear verdict” because it exceeds $10 million, to a motorcyclist whose lower leg was amputated after he was struck by a work truck in Los Angeles.
Trimble produced $829.7 million in revenue during the fourth quarter of 2020, with earnings per share of 71 cents.
The size of Uber Freight’s “fleet” is about 71,000 carriers.
Brokerage steals the spotlight at XPO amid a record revenue performance and strong 2021 earnings guidance.
An open letter from activist investor Ancora Advisors says “ineffective capital allocation” and diversification into “margin- and return-dilutive service offerings” have led to inferior results for Forward Air compared to other less-than-truckload carriers.
TrinityRail will permanently close a plant in Vidor, Texas, laying off 59 workers by April 30.
Old-school aerodynamics technologies such as TruckWings can contribute to economic and environmental sustainability.
SmartHop has secured a $12M Series A funding round with participation from heavy hitters Union Square Ventures and RyderVentures to scale its “business-in-a-box” solution for owner-operators and small fleets.
Self-driving truck technology startup Plus is already working on an autonomous freight matching project in China. Now it has investors there.
Maersk, the world’s largest container carrier, just reported record quarterly results. And its next quarter looks even better.
While optimism is returning to the economy, 83% of manufacturers expect their company to take up to a year to recover, according to a survey from BDO.
The embezzler will serve concurrent prison terms as well as pay restitution for unpaid taxes.
