Cold storage real estate investment trust Lineage Inc. announced that its initial public offering priced near the high end of the range and will include at least 10 million more shares than expected.
Truckload carrier Pam Transportation Services lost money again in the second quarter but said it saw signs of an improving freight market as the quarter closed.
FreightTech hasn’t solved freight fraud, and regulators can’t figure out who is regulating it. Is there a solution?
Knight-Swift Transportation said the trough of the freight cycle has likely passed and that it is now focused on growing its less-than-truckload business.
Covenant Logistics Group posts second-quarter revenue of $287.5 million and adjusted earnings of $1.04 cents per share.
The recovery of the air and ocean logistics market since the start of the year helped improve second-quarter results at Kuehne+Nagel and DSV.
The Supply Chain Council heralded its beginning with an outdoor briefing near the Port of New York/New Jersey.
A federal lawsuit filed Tuesday by nonprofit Environment California accuses the Port of Los Angeles of violating the Clean Water Act.
Old Dominion Freight Line beat second-quarter expectations Wednesday as it continues to ready its network for an improving freight economy where it plans to win market share.
Tesla has paused plans for a factory in Mexico amid a 43% drop in second-quarter profit.
The U.S. Securities and Exchange Commission has charged two more Florida executives with participating in a truck investment venture that allegedly bilked investors out of $112 million.
xCanadian National today lowered its financial outlook for the year as volume growth slowed during the second quarter due to slumping lumber traffic and the impact of shippers diverting international intermodal containers to U.S. ports in anticipation of a potential rail strike in Canada.
Truckload carrier Heartland Express reported another quarterly net loss on Tuesday and said improvement in the freight market will not likely occur until 2025.
UPS is taking longer than expected to restore profit levels amid slower parcel growth and increased operating costs.
Fleet fintech provider Coast lists a number of initiatives under its product road map.
As some factions of the freight industry are still experiencing fallout from Friday’s CrowdStrike disruption, experts are reminded that there is room for growth in securing supply chains.
Two Miami-based trucking companies, A1 Transport Network and AB Brothers USA, filed for Chapter 11 bankruptcy protection Saturday.
UPS announced on Monday it has entered an agreement to acquire Mexican express delivery company Estafeta.
Brad Jacobs’ QXO is ready to begin acquisitions with a war chest of $5 billion in hand after two big deals.
The nation’s trucking regulator has told Congress it lacks the ability to deal effectively with illegal brokers.
While supply chains have adopted new technologies to optimize efficiency, we are seeing how impactful potential risks can be.
Kelly Williams of Trimble weighed in on where technology has helped or fallen short for people in the trucking sector.
CloudStrike and Microsoft have released troubleshooting solutions after a global tech outage disrupted business across several industries and grounded thousands of flights Friday morning.
A massive technology outage Friday morning caused widespread disruptions across industries around the globe, but it’s mostly business as usual at America’s ports.
Marten’s second-quarter earnings deteriorated, but it said it hasn’t cut contract rates since August.
James Taylor will take his second run at leading a commercial electric truck company as the new CEO of Bollinger Motors.
U.S. and Canadian railroads appear to be relatively unaffected by the global tech outage that grounded flights and disrupted businesses today, although Union Pacific and Canadian Pacific Kansas City were experiencing some computer issues.
NullShip Shipping Solutions claims to sell U.S. Postal Service and UPS labels at a steep discount but sold clients counterfeit postal labels, costing one person thousands of dollars in lost goods.
This week: Alvys and Renaissant both close Series A’s, truck parking solutions unite and Leonard’s Express looks to optimize operations.
Tyler Harden give insights on how to keep up with maintenance in a way that is affordable and keeps roadways safe during this year’s Enterprise Fleet Summit.
FedEx Corp. on Thursday opened its first European Life Science Center, with capabilities to receive, store, kit, pick, pack and ship health care products.
A two-year process to determine how to value freight for state income tax purposes may be coming to a head.
Triumph Financial is sticking to its long-term goal of growing TriumphPay Network market share even as earnings sag.
Speedy deliveries and simple return policies are key for a positive customer experience this Amazon Prime Day, says Loop Returns Vice President of Product Kristen Kelly.
Logistics warehouse operator Prologis said uncertainty around interest rates and the political landscape should be resolved in the coming months, clearing a path for a more constructive 2025.
After wrapping up her first year as president and CEO of the Women in Trucking Association, Jennifer Hedrick explains the group’s strategy toward creating a more inclusive industry.
Logistics real estate landlord Prologis noted “subdued” but “improving” demand in its second-quarter report issued Wednesday.
J.B. Hunt missed second-quarter expectations Tuesday as soft freight demand and costs associated with carrying the capacity needed to meet future demand weighed on the period.
In a historic move, Teamsters General President Sean O’Brien spoke about bipartisanship, Amazon and labor reform at the Republican National Convention.
J.B. Hunt missed second-quarter expectations as volumes remained weak across all modes, expenses remained elevated and intermodal yields declined.
A $10 million lawsuit by a Georgia man whose pickup was rear-ended by a truck driven for a South Carolina amusement rides company will be heard in federal court.
Real estate investment trust Lineage announced the pricing of its initial public offering on Tuesday.
The brokerage industry, this time TQL, has won another court victory, shielding it from liability stemming from a carrier it hired.
Cummins Inc. an engine-maker and power distribution company will invest $150 million to convert about half of its manufacturing space in Columbus, Indiana. The announcement comes after the company was fined $1.675 billion for emissions violations.
After a number of dark horse wins on the 2024 list, FreightWaves has opened nominations for the FreightTech 2025 awards.
The digital trucking platform partners with CoVenture for up to $100 million in debt to accelerate its financial services.
Amazon Prime Day 2024 will run July 16 through July 17, with discounts on millions of items across 35 categories for Amazon Prime subscribers.
Maersk Air Cargo will operate its first Boeing 777 freighter between Denmark and China.
A Texas truck driver rescued a 1-year-old baby found in a Louisiana ditch after his 4-year-old brother was found dead.
The U.S. Department of Transportation’s Maritime Administration announced $8.75 million in grant awards to 15 shipyards across 12 states in an effort to increase productivity and expand local job opportunities.
Nearly two dozen freight brokers say an Illinois trucking company and its “affiliated carriers” are holding 36 confirmed loads hostage until ransom demands are paid.
This week: p44 offers eBOLs on all LTL shipments, ODeX moves into Singapore, Goodyear offers Tires-as-a-Service and AutoScheduler.AI raises funds.
The key court battle to block the Biden administration’s independent contractor rule is in Louisiana, and a request for an injunction against the rule has been taken a step up in the federal courts.
Ex-Slync CEO Chris Kirchner was sentenced to 20 years in federal prison Thursday in the U.S. District Court for the Northern District in Fort Worth, Texas.
U.S. Customs and Border Protection agents rescued 23 migrants who were locked inside a train car stationed in Laredo, Texas on Tuesday.
Freight-related companies in California, Florida, Ohio and Texas are laying off a total of 218 employees.
Outpost releases new technology, combining both hardware and software, to improve commercial truck parking availability and security, as truck parking continues to be a significant problem in the U.S.
Frances Hall has pleaded no contest to charges she was part of a multimillion dollar fraud scheme while she was co-owner of Bill Hall Jr. Trucking.
Northbound looks to expand its product development after raising $1.4 million in funds.
Lean Solutions Group spoke with FreightWaves about nearshore and offshore workforce trends to watch.
We solved the mystery of carrier resilience during the long downcycle.
UPS announced the appointment of Brian Dykes as executive vice president and chief financial officer on Tuesday.
CargoX has launched its solution tailored to meet the electronic bill of lading standards of Korean container carrier HMM and the Digital Container Shipping Association.
Port congestion in Southeast Asia is creating an imbalance of equipment, raising both local and global spot market pricing, according to a report by AlixPartners.
NFI CEO Sidney Brown was not at the arraignment of his co-defendants in a New Jersey corruption case due to a lawyer conflict.
Lane Williams, founder and CEO of Fusion Now, joined Leah Shaver, president and CEO at the National Transportation Institute, to talk about driver recruiting trends and highlighted authentic approaches to attract the right drivers.
The Biden administration is pushing back the schedules for a list of rules that are being watched closely by trucking.
The Federal Motor Carrier Safety Administration ordered Monique Trucking to halt operations after declaring the California carrier “an imminent hazard to public safety” following a deadly crash.
The National Motor Freight Traffic Association urges transportation companies to assess the risks posed by third parties with access to sensitive data and take action to remediate those hazards.
Garth Brooks’ continual stadium tours are impressive logistical feats but also represent the actual workings of supply chain and logistics.
This week, we showcase an innovative way to attack Japan’s logistics labor-shortage problems; Pepsi makes a new partnership in battery technology; and Walmart wins an award for its investment in technology.
A grand jury indicted Kirill Gordei, a Belarus citizen who lives in Florida and is president of Apelsin Logistics, on charges related to smuggling advanced scientific technology to Russia.
Samsara’s chief product officer explains the importance of building strong partnerships with customers to lay the groundwork for future solutions.
The acquisition of Cincinnati East Railroad brings Regional Rail’s overall number of railroads to 16.
A Baltimore UPS facility is planning to close in August, according to a Maryland state filing, after laying employees off earlier this year.
Truck brokerage giant C.H. Robinson Worldwide laid off around 80 members of its remaining 150 sales representatives in the U.S. on Thursday, according to sources familiar with the cuts.
Dennis Winn of Clermont, Florida, was arrested on multiple charges, including a felony charge, of shooting a Walmart delivery drone.
Because insurers will be insulated from direct legal action under Georgia Senate Bill 426, the law may reduce their financial incentives to properly vet the trucking firms they insure.
A federal judge dismissed a lawsuit against Union Pacific, stating that plaintiff Le’Mon Bass failed to substantiate claims of racial discrimination and retaliation.
Tony Kirik operated Dallas Logistics, based in Rochester, New York, but concealed ownership and affiliation with another company to hide negative safety ratings.
Is wireless charging an idea whose time has come for electric trucks? In some use cases, the answer is yes.
California’s PAGA law, long a bane for business, is set to get an overhaul.
Forward Air’s review of the first quarter shows the company has a little more breathing room to upcoming debt covenants.
Less-than-truckload carrier Tony’s Express of Fontana, California, has filed for bankruptcy protection, nearly three months after it terminated 200 truck drivers, dock and warehouse workers, and office personnel via text message.
Temperature-controlled facility operator Lineage plans a public listing on the Nasdaq.
President and founder of Seated Social, Alex Carpenter, explains his philosophy of targeted advertising to passive drivers and how that leads to better retention and a more efficient use of recruitment resources.
Supply chain executives at companies ranging from freight brokerages to factoring companies discussed impacts of the freight cycle, technology and lower margins during Freightwaves’ Future of Supply Chain event in Atlanta. Here’s what you need to know.
Link Logistics has released a new case study detailing its Energy Solutions program, a model in which the firm owns tenants’ utility accounts and and passes savings along to tenants.
U.S. Rep. David G. Valadao, R-Calif., this week introduced the Safeguarding our Supply Chains Act, which aims to stop “the rampant theft within our nation’s supply chains.”
At Samsara’s user conference in Chicago, the company unveiled its latest tracking tool.
Zach Jecklin, chief information officer at Echo Global Logistics, spoke with FreightWaves about Echo’s pairing of people and technology and how it’s reshaping the industry.
After raising funds with Wischoff Ventures, Freightmate Ai launches its first automated tool for freight forwarders.
The Council of Supply Chain Management Professionals publishes an annual report on the state of the logistics industry, but people are paying less attention to it.
Wheeler Trucking will pay $65,000 to an employee who faced religious discrimination at the company’s Ohio location.
A packaging provider in Houston and a Dallas food supplier have announced facilities closures resulting in 285 layoffs.
Parcel analyst Satish Jindel predicts FedEx will opt later this year to spin off the Freight unit to the public market.
Homendy says NS stonewalled the NTSB, sought to influence its investigation and even issued a threat in a recent meeting.
FedEx is cutting nearly 20% of its Boeing 757 cargo jets because of soft demand and efforts to modernize the fleet.
Texas-based U.S. Logistics Solutions has filed for Chapter 7, stating that its lender pulled the plug on its funding, forcing the company to shutter operations Thursday.
A federal lawsuit filed in 2022 over the capsized Golden Ray cargo ship, which sank off the coast of Georgia with nearly 4,200 vehicles on board, has been settled.
