Having navigated 2020, Convoy positions itself for the future
Convoy co-founder and CEO Dan Lewis sat down with FreightWaves to discuss the unusual freight market that has dominated 2020 and the future of Convoy.
Convoy co-founder and CEO Dan Lewis sat down with FreightWaves to discuss the unusual freight market that has dominated 2020 and the future of Convoy.
“We do not believe that the digital broker is ultimately going to replace those traditional brokerages.”
Between drug clearinghouse and shut CDL schools, Fuller sees far fewer eligible drivers in the market
Emerge has announced Book It Now, a feature that allows carriers to instantly book freight from its Digital Freight Marketplace without the hassles of negotiation.
Protestors blocking ports and rail ramps in the Mexican state of Michoacán are disrupting Kansas City Southern de Mexico’s operations and damaging Mexico’s economy.
EPS reported above analysts’ consensus.
Many companies may have been paying tariffs on imports from China they were not required to pay. C.H. Robinson is trying to help businesses identify what they may be owed ahead of a Dec. 31 deadline to apply for reimbursement.
U.S. House lawmakers’ Climate Crisis Action Plan calls for 100% EV truck sales by 2040.
It’s the logistics, stupid — to borrow a phrase from former President Bill Clinton — when it comes to getting vaccines down to the local pharmacy level.
The Canadian government prequalified FedEx Canada, UPS Health Care, McKesson and Kuehne + Nagel to bid on a contract to distribute millions of COVID-19 vaccine doses.
Based on Monday’s closing prices, Tesla would be one of the 10 most valuable companies in the S&P 500.
Earlier Harbor Trucking Association complaints about fees in Los Angeles/Long Beach now extended to New York/New Jersey; FMC commissioner says some action likely
“Winter is Coming” is a warning in House Stark and usually a blessing for tankers. But there’s nothing usual about 2020.
The London-based maritime market data provider will offer subscribers airfreight indices via partnership with TAC.
In October, Microdea was acquired by Transflo.
Full Circle TMS is integrating FourKites’ predictive visibility platform into its system, providing customers more insight and visibility into shipments.
The pandemic has accelerated deployment of delivery robots, but questions about performance and business case remain.
Drone applications are growing by the day, but only a few directly involve airlines. Air Canada is taking a novel approach, acting as a freight intermediary that matches shippers with drone operators.
South Korean carrier turns quarterly $103 million loss last year into $20 million profit this year.
Package revenue surpasses first-class mail revenue for first full-year period in history.
Hapag-Lloyd sees strength until “at least Chinese New Year” and a challenge to “get containers where they need to be.”
More than 200 breeder hogs were flown this week from St. Louis to Sao Paulo. Midwestern airport hopes it is the beginning of more livestock exports.
The earnings season for the third quarter has wrapped up and Todd Fowler of KeyBanc has a few things to say. Fowler is the lead transportation analyst at KeyBanc and […]
Bulkloads.com has enabled invoicing functionality for its app, allowing carriers to submit key documents and load information directly to shippers for payment.
An increase in consumer demand is causing a container clog, with many ports and carriers running out of space. This surge has caused container prices to sharply increase, forcing automotive suppliers to pay a pretty penny for real estate on these large container ships.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. History 2020 will be memorable for many reasons. […]
What won and what lost in the third quarter for the rails?
E-commerce fulfillment provider Transportation and Logistics Systems announces plans to acquire delivery and warehousing company Cougar Express.
The I-75/I-71 interchange in Cincinnati is considered a top-10 trucking bottleneck in the U.S.
“The outlook of container shipping still remains clouded in uncertainties over the possible comeback of the COVID-19 pandemic and U.S.-China trade conflicts.”
Companies in the supply chain targeted in successful ransomware attacks face a dilemma: pay to regain access to their encrypted data and systems, or refuse, which carries its own cost.
FreightWaves Classics will present articles about key events, companies,, organizations, etc. from the history of transportation, logistics, supply chain and freight.
Management from Schneider National expects tightness in the trucking markets to continue. Inventory restocking will keep truck demand elevated and new capacity is entering the market at a slower pace than in previous cycles.
Rewarding small fleets for driving safely turns their second-highest fixed cost into a controllable variable expense.
European 3PL says integration with e-commerce marketplaces strengthens activity with American online retailers and shoppers.
Flatbed carriers Hornady Transportation and Builder’s Transportation Co. announce the completion of their merger. The deal is part of parent company Daseke’s operational overhaul.
In a letter to the judges considering whether the injunction blocking the law should be lifted, CTA lawyer says Prop 22 victory means trucking more targeted than ever
In today’s edition of The Daily Dash, the Teamsters have asked a judge to delay oral arguments in a lawsuit challenging California’s meal and rest break rules. Plus, Alibaba is expanding its third-party logistics footprint and it has repercussions for Amazon, and Daimler Trucks launches a new division dedicated to connectivity.
As ransomware attacks target the supply chain, victims have to weigh the price of paying against the consequences of not.
Daimler Trucks is bringing its global connected vehicle development efforts under a single group that will be based in the United States.
Freight forwarder guides customers through online shopping shift and transport capacity choke points.
Alibaba is a massive online shopping platform, but it also wants to be a dominant logistics provider around the world. It now covers Japan.
Now is the time to get quick approvals for technology and innovations that will help meet customers’ needs and wants during uncertain times.
Fallout within the food and beverage supply chain from COVID-19 continues and it’s unclear when, if ever, it may return to normal.
Canadian trucking and logistics firm Titanium Transportation Group set a third-quarter record for revenue as U.S. freight brokerage businesses delivered rapid growth.
Gains come as the shipping giant braces for peak-season impact.
Pfizer says it would distribute its COVID-19 vaccines directly to administration sites in Canada, echoing its approach in the United States.
Cybercriminals launch new cyberattacks against the international trade community every day, according to U.S. Customs and Border Protection.
A railroad from Mexico’s Port of Mazatlan to Winnipeg, Manitoba, would require enhanced container-handling facilities at both sites.
Air Canada sees a business opportunity flying all-cargo planes for e-commerce companies.
CEO Hindes to stay with combined company
Radiant Logistics uses cost savings to offset demand declines from COVID-19. The fiscal first quarter sees debt decline further as acquisitions remain on the table.
Trucking companies are among the major unsecured creditors owed money after Eagle Manufacturing Inc. of Red Lake, Minnesota, filed Chapter 11.
The U.S. Chamber of Commerce is optimistic for a Phase 4 COVID relief bill signed by the end of the year.
Companies that got less than $150,000 would have their names publicly released; that had happened only for firms that borrowed in excess of that.
South Carolina Ports Authority gears up for growth with delivery of ship-to-shore cranes.
Schneider has added an app to its FreightPower tech solution, giving carriers the ability to book loads with a single click and shippers more tracking capabilities.
Self-driving vehicle company Nuro has raised a $500 million Series C round of funding, as autonomous delivery continues to pick up new markets. The raise, announced on Monday, was led […]
Lawyer Keating hired a ‘runner’ who as it turned out was already involved in staging accidents with trucks; he then joined in on the planning, according to indictment
Industry speakers, technology demos and venture capitalists took center stage last week for FreightWaves’ FreightTech Venture Summit and LIVE @HOME events. Now you can catch sessions you may have missed or rewatch those that most interested you with a special rebroadcast of the events beginning Tuesday.
Air Canada revenues came in below expectations, but the company was able to cut costs to beat earnings expectations.
Garner Transportation Group president and CEO is the second woman to chair the American Trucking Associations.
The incoming Biden administration is expected to increase regulatory oversight of electric and self-driving vehicles.
FreightWaves’ LIVE @HOME virtual conference saw 22 companies showcase FreightTech innovations. Seven were awarded best of show for their outstanding virtual demonstrations.
XPO is `very comfortable with where we are’ heading into 2021, Jacobs says.
IT execs at FreightWaves LIVE @HOME explain why $90 billion industry is in need of IoT upgrade.
A “China+1” or “China+2” strategy makes sense for many reasons, but how much can companies afford to distance themselves from China’s manufacturing prowess?
One of the toughest obstacles for a new trucking company can be finding affordable insurance. Robert Haley, VP of Transportation for USI Insurance Services, and Pierre Laguerre, founder and CEO of Fleeting, discuss tips on risk mitigation for new carriers at FreightWaves LIVE @HOME.
The trans-Pacific capacity crunch continues. Container volume that’s either inbound to Los Angeles or stuck at anchorage is surging.
In this Fuller Speed Ahead episode for FreightWaves LIVE @HOME, Steve Hackney, head of solutions engineering at Front, talks about how technological tools to improve workflow can not only reduce cluttered in-boxes but establish more personal connections with prospective customers.
Clarendon Capital’s John Larkin talks SPAC with HCAC’s Dan Hennessy during FreightWaves’ FreightTech Venture Summit.
UPS International Sustainability Director Peter Harris talks e-bikes, smart grids and other innovations to manage congestion and reduce emissions in urban delivery.
The industry’s brightest minds displayed their cutting-edge solutions in 7 minutes or less.
Wholesale by Vels sees newly formed Amsterdam-based air cargo consolidation service for freight forwarders taking off during coronavirus pandemic.
Convoy’s Terrazas: Increases are less than what would be expected given strong market
FreightWaves CEO announces SONAR SCI at FW LIVE @Home. SCI stands for “supply chain intelligence.” Read how SONAR SCI can help your business.
Canadian supply chain software firm Descartes Systems Group expands its final-mile offerings with acquisition of ShipTrack.
Hwy Haul connects farmers, distributors, wholesalers and retailers directly with truckers.
Rail jobs resume downward slide after increase a month earlier
While some truckload carriers posted significantly better-than-expected results, most saw their shares sag as the bullish trucking trade cooled heading into the third-quarter earnings season.
Americold announces another large acquisition, a couple of expansion projects, and informs analysts and investors that the holidays haven’t been canceled.
FleetCor’s third-quarter revenue topped most Wall Street expectations for revenue at $580.8 million, while its earnings per share missed expectations by 46 cents.
Digital brokerage increased revenue, EBITDA
Digitalization is giving freight-industry participants the flexibility they need to deal with the COVID-heightened pace of change.
Echo exec Gustafson has praise for technological changes
Plus COO Shawn Kerrigan joined FreightWaves CEO Craig Fuller on a special episode of Fuller Speed Ahead Thursday as part of FreightWaves LIVE @HOME.
The TSA is doing a better job partnering with airfreight companies on security, but better training and technology are needed to meet future security obligations.
Executives from Horizon Fitness, Estes Forwarding Worldwide and The DDC Group talk during FreightWaves LIVE @HOME about keeping up with the trend of online ordering and home delivery.
Keating, already sued as an organizer in a RICO suit, charged with 1 count by US attorney
Business “rebounded dramatically” in the quarter, Jacobs says.
Euronav exec curses crude-tanker market (literally). Scorpio exec pitches product-tanker promise and throws shade at crude side.
Watch demonstrations from Axele, SkyBitz, J. J. Keller, Trimble Maps, Optimal Dynamics, Transflo, Cargo Chief and Turvo.
No more need to build information technology from the ground up when available cloud-based solutions can cheaply and efficiently modernize a trucker’s operation, experts tell the FreightWaves LIVE @HOME audience.
The once little-regarded special purpose acquisition company is all the rage on Wall Street as $56 billion in blank check companies seek reverse merger targets. A leader of two of those efforts cautions day traders to know what they are investing in.
Manders predicts more volatility in 2021 as businesses struggle for capacity assurance amid unprecedented inventory restocking efforts.
Leveraging more advanced data accuracy tools and processes, shippers and CPGs achieve a higher level of on-time performance by making more informed decisions in real time.
Atlas Air rode the rising tide for air cargo to higher profits in the third quarter.
In today’s edition of The Daily Dash, FreightWaves’ FreightTech Venture Summit looks at the intersection of venture capital and freight. Plus, COVID-19 is accelerating logistics investments and California is using technology to catch emissions cheaters.
Major companies in the transportation and logistics world have taken interest in Canada’s massive undertaking to distribute millions of COVID-19 vaccine doses.
The CEO and co-founder of cross-border digital freight marketplace Forager discusses the sometimes-tricky process of courting investors.