Cummins says Dynamic Skip Fire for diesel engines is promising in reducing smog-forming emissions in line with CARB and EPA goals to lower nitrous oxide pollution from heavy-duty trucks.
Container equipment shortage exacerbated by COVID-19 pandemic stresses upper-Midwest soybean exporter trying to fill his springtime customer orders to Asia.
Knight-Swift’s better than expected quarter yields to further uncertainty as the year progresses.
Precision scheduled railroading and its workforce will help CP get through anticipated challenges in the second quarter, company executives said.
Governments must support vital supply chains. A big part of that is for all branches and levels of government to put aside partisanship and petty bickering and work for the good of the nation and its people.
“Everybody in the last-mile delivery business better watch out, because Amazon can make them unnecessary.”
Canada’s largest transportation company reveals cutbacks as it reports a 16% jump in profits during the first quarter.
Daimler Trucks and Volvo Group, two truck makers lukewarm on hydrogen fuel cells, hedge their bets to leverage Daimler’s Mercedes-Benz fuel cell efforts for heavy-duty trucks.
Manhattan Associates first quarter was well ahead of expectations. Management lowered guidance, but believes that this downturn will be shorter in duration.
The railway’s first-quarter net income slipped on higher income tax expenses. But total revenue rose nearly 16% in the first quarter of 2020 while operating expenses were roughly flat-to-higher.
One adviser said he is processing “thousands” of applications.
Prologis reports solid first quarter, but reels in guidance on COVID-19 headwinds. An uptick in demand is not likely until a vaccine is discovered.
Following Monday’s U.S. oil market meltdown, Trucking Freight Futures continued to move lower as the spot National contract fell 0.43% and settled at $1.388 per mile.
Customer service (in many forms) is the key to keeping and/or expanding business during the pandemic.
The Jacksonville, Florida-based ocean carrier finds continued demand for reefers among Central American and Caribbean fruit and produce shippers.
Heartland Express’ better than expected result was diminished by the lack of gains on equipment sales.
PACCAR Inc. posted decent first quarter earnings despite shuttering its plants in late March because of the coronavirus pandemic. While truck orders cooled, parts sales set a record as the truck maker tries to build on 81 consecutive profitable years.
Documents will now be automatically scanned, categorized, grouped, and audited by HubTran, before being assigned to the correct load on the FMS platform.
Network Management Center enhancement improves connectivity and automation
Loan quality deteriorated slightly, but TriumphPay is growing fast.
After a strong start to the week, Trucking Freight Futures finish mostly lower as freight fundamentals take hold.
“Without Opendock during the COVID-19 volume surge, it would have been a catastrophic failure,” said Lawrence Dillworth of Owens & Minor, a major medical supplier.
Identifying the packages that come in contact with infected individuals in the supply chain is vital to reduce the pandemic’s spread.
The duty deferment applies to qualifying importers facing “significant financial hardship,” Customs and Border Protection said.
Two Swedish companies have formed a joint venture designed to provide supply chain end-to-end visibility down to the product level. Plus, more cash on the way for small businesses, auto inventories are clogging ports, and truck weight exemptions are being extended.
By partnering with analysts from both FreightWaves and DAT Solutions, event attendees on April 23 will have access to three sessions rich with fresh data.
Radio frequency identification has matured in terms of its cost effectiveness and efficiency over the past decade, the company says.
The longer the coronavirus crisis continues, “the longer it’s going to take to get the ship righted,” says GPA Executive Director Griff Lynch.
Citing economic challenges tied to the coronavirus pandemic, as well as the need to focus resources toward targeted business units, Southern Refrigerated Transport (SRT), a solo-driven reefer subsidiary of the […]
CEO pay wlll be down 50%, other execs down 20% from May through July.
Risk is often assessed in terms of probabilities. The probabilities themselves are often calculated under the assumption of a bell-shaped (i.e., normal) distribution. This distribution assumes that extreme events are not likely. What if there are?
Sector makes up 3% of $342 billion worth of COVID-19 payroll protection loans.
The railroad will be keeping tabs on operational costs as a way to hedge against the economic uncertainty brought about by the COVID-19 pandemic.
With the belt tightened at YRC, a covenant waiver and benefits contribution deferral are still required.
Short-sea shipper says economic impact of COVID-19 has forced service disruption and employee layoffs.
In this commentary by Brian Aoaeh makes the case that efforts by grassroots organizations in the fight against COVID-19 should be more fully accepted.
Startup wants its customers to be allowed an additional two hours in workday.
Companies trading in the affected foreign markets will have to decide if shifting to other forwarders will justify the resulting high shipping costs.
KeyBank report mostly positive after discussions with management.
Cross-border movements of chemicals and petroleum products, as well as intermodal shipments, helped propel revenue higher.
The current $61 billion set-aside for the domestic airline industry left out the forwarders.
Kodiak Robotics, the Mountain View, California-based autonomous trucking company, has laid off about 20% of its staff, The Information reported Thursday, raising new questions about the ability of autonomous trucking […]
Other segments at the truckload carrier had weaker performances.
It was a mixed Wednesday in the Trucking Freight Futures markets as the spot National contract (FUT.VNU202004) fell fractionally to $1.403 per mile with macroeconomic factors continuing to weigh on rates.
Prominent transportation leaders are part of a business task force offering ideas on when and how to lift coronavirus restrictions.
Diminished railcar demand and COVID-19 headwinds force railcar maker to halt production and trim staff.
Electric and fuel cell truck maker Nikola gets its pick of candidates as job insecurity led so many to apply that Linked In briefly shut down CEO Trevor Milton’s account.
The Seattle-based digital freight network will pay 100% of trucking costs for food bank donations
On this week’s Drilling Deep, host John Kingston heard from Jack Rybicki, a managing principal at the accounting and consulting firm CLA. Jack has been steering many clients through the […]
Less-than-containerload services offer forwarders and their shippers an alternative to more expensive air freight and full-container transport services, industry experts say.
Ports of Seattle, Tacoma, Los Angeles, Long Beach, Oakland, Houston, Jacksonville and Charleston all report drops in March.
“Revenues plummeting” with less vehicle traffic, say government officials.
The Trucking Freight Futures markets slid across the board on Tuesday with the spot National contract falling 0.4% to $1.404 per mile as macroeconomic weighed heavily.
A chief supply chain officer can be the linchpin connecting all different departments within a retail company, including marketing, finance, sales and accounting.
The Supply Chain Intelligence Center pinpoints trouble spots on the nation’s highways and ports to U.S. humanitarian relief providers responding to the health crisis.
World’s second-largest box carrier resolves its website woes.
Paul Schlegel writes about the future of autonomous vehicles – particularly autonomous trucks.
P.A.M. Transportation finds success calling on its “friends in the industry” as it scrambles to replace lost automotive OEM business.
The feature enables shippers to make data-driven decisions about allocating freight
The J.B. Hunt first-quarter conference call provided a mixed bag of anecdotes. While concerns mount over economic disruption, the company has some offsets.
J.B. Hunt’s first quarter results, while slightly below consensus, were likely not as bad as feared. The company’s outlook provided on its earnings call will be the takeaway.
Quick turnaround as companies realize they have necessary synergies.
Trucking Freight Futures staged a strong rally on Monday after being closed Friday in observance of the Good Friday holiday.
KeepTruckin introduces Maintenance Reminders, a tool that helps companies avoid unscheduled vehicle downtimes.
Turning supermarkets, and their parking lots, into logistics hubs
Ubirch, a blockchain cybersecurity company, has joined the Blockchain in Transport Alliance (BiTA). Learn more about Ubirch and BiTA.
Problem-solving supply chain bottlenecks is the way to build customer loyalty, freight experts say.
Fee-based storage offered at five North American terminals to assist importers dealing with supply chain disruption caused by coronavirus pandemic.
Concurrent EILD program definitely appears to be a less desired option.
The number of empty containers returned to Asia from the California port dropped 23% in March.
Cass data plummets further, erasing any chance of second-quarter year-over-year growth in shipments and freight costs, according to report.
Lobby group puts tab for restoring 231,000 U.S. bridges at $164 billion.
New Amazon Fresh and Whole Foods delivery customers are just going to have to wait.
The Trucking Freight Futures markets were closed Friday in observance of the Good Friday holiday with the spot National contract finishing unchanged at $1.399 per mile week over week.
The coronavirus has strained supply chains of all kinds around the world. Darren Prokop has written an interestng and informative commentary that explains the inherent weaknesses of supply chains and how to improve them.
The investment will help accelerate product development of its next generation SmartTags and scale up operations across both sales and marketing.
Two former UPS executives have new roles with Atlanta-based companies and a service center manager is named.
“If you mask your data and someone accesses it, it’s like stealing an empty purse.” — Matt Yeh, senior director of product marketing for Delphix, on cloud data security and the impact it has on remote work.
While mobile devices are common in many industries, the use of these devices to manage inventory is still limited.
Government agencies and cybersecurity firms are raising alarm bells as companies shift to remote workforces without proper cyber protections in place.
Prologis’ update highlights strength of the logistics real estate market entering pandemic. Some clients are asking for rent relief.
The global logistics giant said its Q1 profits among its five business divisions suffered from the coronavirus upheaval.
It was another mixed day for Trucking Freight Futures on Thursday as the spot National contract finished unchanged for the eighth consecutive session at $1.399 per mile.
Two more significant companies in the trucking and transportation field have implemented layoffs and furloughs. In response to an email query from FreightWaves, Doug Waggoner, the CEO of Echo Global […]
U.S. logistics real estate operator announces it has reached the 100 million euro cap for its European logistics fund.
Website and the online booking platform of MSC have gone offline but fallout appears contained.
Drone use for package deliveries is expected to remain largely grounded by regulatory and infrastructural hurdles during the next few years, according to Frost and Sullivan.
Nikola Corp. filled VectoIQ’s $230 million public shell company after former Wall Street analyst and General Motors executive Steve Girsky shopped more than 100 smart transportation companies and signed 75 nondisclosure agreements and six letters of intent.
“The last place I picked up, I couldn’t even come inside the building to use the bathroom,” said Chicago-based driver Bob Stanton.
Trucking Freight Futures continued to move in a narrow range for the second consecutive session on Wednesday as the spot National contract settled at $1.399/mile.
Morgan Stanley survey shows coronavirus disruption is accelerating for carriers, shippers and brokers, but the height of the disruption may be closer than some may think.
TrueNorth, a carrier and software service for independent truckers announced a $3 million raise this week
Activist investor Barna Capital seeks to swap out YRC Worldwide board members and make non-executive level changes in management.
Businesses around the world are being affected by the pandemic. Among the hardest hit are startups. Brian Aoaeh offers advice for tech startups in the supply chain space.
Cargo X is Brazil’s largest digital freight marketplace, connecting about 20,000 carriers and their 400,000 truckers with freight.
Coronavirus and tariffs blamed for lowest total in more than a decade.
Cargo flows face worst hit in a century but have potential to bounce back fast.
While transportation industry participants have an abundance of questions loaded for management teams this earnings season, answers on the future will be tough to provide.
The “logistics orchestration” startup closes out a yearlong fundraising process at the height of the coronavirus pandemic.
Third-party logistics providers engaged in international trade are facing the difficult decision of whether to thin staff or even close altogether in the face of a prolonged economic downturn caused by the coronavirus pandemic.
