FreightTech Friday: Collaboration is the answer to supply-chain woes, says Beacon
This week, collaboration becomes key, TruckParkingClub.com hits a milestone, and ex-Convoy engineers raise money for the spot market.
This week, collaboration becomes key, TruckParkingClub.com hits a milestone, and ex-Convoy engineers raise money for the spot market.
Mesa Airlines has stopped flying for DHL Express, citing low cargo demand.
DAT and SONAR will be debating what they think is in store for domestic transportation for the rest of the year. “The Great Debate: Where is the Market Headed Next” will occur in front of a live audience on the general sessions stage at the Georgia International Convention Center during Future of Supply Chain 2024 on June 4-5.
Norfolk Southern will be required to pay an additional $310 million for the 2023 East Palestine derailment. The settlement will go towards measures to improve rail safety, pay for health monitoring and mental health services for the surrounding communities, fund long-term environmental monitoring and more.
Uber Freight has officially entered its managed transportation era.
Bridging the AI gap in U.S.-Mexico trade is essential for trade growth, experts say.
New legislation designed to crack down on fake companies that give legitimate brokers and carriers a bad name has bipartisan support.
A couple of truckload carriers provide an update on recent trends following a slew of poor first-quarter reports.
Another large trucking company has asked federal regulators to relax its permitting rules to get drivers in seats faster.
Minnesota has reached a deal on compensation for Uber and Lyft drivers, and a California court seems to favor Proposition 22’s protections for gig workers from the state’s independent contractor law.
Illinois-based Patriot Transport and sister company Expeditor Systems recently filed for Chapter 11 bankruptcy protection.
Forward Air announced it has hired two-time YRC Worldwide chief financial officer Jamie Pierson.
A CDL training school that had facilities in Washington and Oregon has ceased operations and filed for bankruptcy liquidation.
Brock Johns, a leader in the world of transportation management systems, highlighted the need for “convergence” to increase supply chain efficiency.
Tech nonprofit Emerge Career reduces recidivism and poverty rates among convicts by providing access to vocational training and job placement support throughout incarceration and after release.
Regulators pushing to make the electric truck transition go faster are getting pushback from a range of industry stakeholders.
This week: A Greek company raises $16 million to make vessel disbursement practices easier, Candor Expedite invests in cold chain technology and driver recruiters leverage AI in operations.
Stubbornly persistent silos in the supply chain wreak havoc. The most glaring disconnect shows between strategic supply chain planning and execution.
After gaining enterprise accounts, GoodShip is looking to accelerate its growth to improve its shipper-centric procurement platform.
At Manhattan Associates’ Momentum conference, a Google Cloud executive gave an overview of generative AI’s explosive growth in supply chains.
After hinting at a brokerage and managed services integration in its latest earnings report, Uber Freight has launched a spot market update to Uber Freight Exchange to combine its carrier and shipper networks.
BNSF Railway has filed an appeal for an asbestos trial verdict that ruled the railroad was liable in the deaths of two people in Montana.
A congressional waiver on sunsetting Boeing’s production of 767 freighters to comply with international emissions rules will benefit FedEx and UPS.
A coalition of far-flung states has filed a lawsuit to fight California’s Advanced Clean Fleets rule.
The $284 billion automotive logistics market needs technologies that enhance supply chain visibility, experts say.
Brandy D. Christian is stepping down as president and CEO of the Port of New Orleans, a role she has held since 2017.
Blank sailings are a major factor in maritime shipping and are increasing after ocean carriers gorged on higher Red Sea rates while they could thanks to added capacity. With capacity now cut, rates are rising again.
A federal lawsuit alleges CSX inflated the amount of time employees were charged for taking leave under the Family Medical Leave Act, punished workers for taking the leave, and terminated or suspended over 100 employees for allegedly taking FMLA leave fraudulently.
A federal grand jury has indicted an Ohio trucking company owner, alleging the former Department of Defense contractor failed to pay approximately $1.2 million in taxes in a yearslong scheme.
The U.S. is experiencing a powerful solar storm, with the potential to cause serious GPS problems. With the trucking industry’s reliance on technology, the impact to the industry could be significant.
About $10 million in Minnesota Department of Transportation grants will support 11 freight rail projects, making the state more competitive in the global and national economy, officials said.
This week, FreightVana offers a Visa card to its carrier network, SPS Commerce makes an acquisition and we review Symbotic’s Q1 results in the robotics space.
EBITDA losses at Uber Freight grew in the first quarter, but its president expressed strength in the company’s business model.
Radiant Logistics reported an in-line result for its recent fiscal quarter and said the market has moved off the cycle bottom.
Peloton filed a complaint with the Federal Maritime Commission alleging that Flexport’s practices cost the fitness company millions of dollars in unreasonable detention and demurrage charges.
Lorus Byers, CEO of Carrier Intelligence, increases truck driver retention rates by targeting drivers who fit individual company culture, whether or not they are actively seeking a job.
Amplify by Cass bridges the gap between a shipper’s efficiencies and desire to increase working capital with carriers’ need for timely payment.
Corpay’s first-quarter fleet transaction revenue declined 15% year over year to $108 million.
Activist investor Ancora elected three members to the Norfolk Southern board, failing to oust CEO Alan Shaw. An Ancora official says “passive investors” are to blame if safety issues recur.
Forward Air’s first quarter missed expectations, sending shares 30% lower in pre-market trading Thursday.
More than 3 1/2 years after a suspect in a series of staged accidents in Louisiana was slain, there are arrests in the case.
GXO Logistics achieved 6% revenue growth in the first quarter, despite challenging freight market conditions.
Georgia Gov. Brian Kemp has signed into law a bill that largely prevents lawsuits from being filed directly against insurers after truck crashes.
FedEx Freight, the less-than-truckload unit of FedEx Corp. (NYSE: FDX), is closing seven service centers in the U.S. as the division continues to make alignments to its freight network.
ABX Air’s pilots union is out of Amazon’s doghouse, resulting in an improved labor agreement and a contract to fly 10 freighters.
FleetPulse has spun off from trailer OEM Great Dane and hired industry executives to lead the independent company.
RailState’s new $4 million investment will be used for the strategic expansion of the company’s network coverage, including along the U.S.-Mexico border, and product investments to provide customers with accurate, real-time rail network information.
Expeditors recorded year-on-year gains in tonnage for both airfreight and ocean freight for the first time in more than two years.
AI software provider Paxafe looks to continue its strategic partnership strategy while expanding globally and building its sales team.
C.H. Robinson says it is using sophisticated AI tools to automate responses to emailed quote requests for thousands of customers.
Amazon has deepened its relationship with Air Transport Services Group, agreeing to lease at least 10 widebody freighters for five years in exchange for rights to increase its ownership stake.
UPS announced Monday that Brian Newman, executive vice president and chief financial officer, will step down June 1. The company has begun a search for his successor.
Cell phone use is just one of many distractions that can divert truck drivers’ attention away from the road, says Chris Hayes of Travelers Risk Control.
Bluebird Nordic had ambitious growth plans a year ago. Now the cargo airline is out of business.
U.S.-Mexico logistics startup Cargado has raised $6.8 million in seed funding to simplify cross-border logistics.
Supply chain technology provider Trimble’s first-quarter transportation and logistics revenue totaled $195 million.
Delivery company DHL will pay $8.7 million to settle a class race discrimination lawsuit alleging that the company assigned Black workers to more dangerous routes than white workers.
Eliminating fragmentation in the supply chain is necessary for a resilient future, but it takes powerful collaboration between platforms.
Less-than-truckload carrier XPO says robust yield improvement is still on the horizon even after it laps easy post-Yellow repricing comparisons.
The potential energy and environmental gains from autonomous trucking are laid out in a new white paper from Aurora Innovation.
Less-than-truckload carrier XPO easily surpassed analyst expectations for the first quarter as significantly higher yields amplified modest tonnage gains.
In this edition of FreighTech Friday, Loadsure explains the risk of moving goods throughout Europe, and Kinaxis shares a report on shippers that are slow to react to supply chain disruptions.
RXO looked to various metrics to push a message that things are getting better at the 3PL.
Air Canada said Thursday it changed its mind about investing in two widebody freighters and will rely on its growing passenger fleet to increase cargo capacity.
FedEx has ordered 150 Blue Arc EV Trucks to add to its pickup and delivery fleet in the United States in an effort to reduce carbon emissions.
Amanda Schuier, strategic maintenance director at Jetco Delivery, highlights the unique challenge of engaging with and retaining truck drivers and diesel technicians.
Schneider National cut full-year earnings guidance by 25% but said contractual truckload pricing turned positive in the first quarter.
SONAR, the leader in freight market intelligence, today announces the availability of flatbed pricing data directly within the user interface of its Market Dashboard+ application.
Engine maker and power distribution giant Cummins Inc. reported Q1 declines in two of five divisions, but a huge one-time gain juiced profits.
With sequential numbers at C.H. Robinson showing solid improvement, the company’s heavily shorted stock soared in late trading.
Jacksonville, Florida-based Raven Transport is shutting down its over-the-road and dedicated fleets and laying off 83 employees.
Fast fashion e-commerce giant Shein and retailer Forever 21 are the first brands to utilize UPS’ Happy Returns solution.
A 92-year-old trucking company, Arnold Transportation Services of Grand Prairie, Texas, ceased operations recently and filed for Chapter 7 bankruptcy liquidation.
Gulf & Atlantic Railways LLC announced on Wednesday that it is rebranding as Pinsly Railroad Co. The name change comes after the October 2023 acquisition of Pioneer Valley Railroad, the final railroad company owned by Pinsly.
Lufthansa’s freighter division faced external headwinds and rising costs that impaired its growth during the first quarter.
Logistics real estate operator Link Logistics continues to see favorable demand for space on the downside of the freight cycle.
Firecrown Media acquires Kalmbach Media’s Trains and Astronomy, expanding further into the transportation space now including trains and space.
While trailer parking outside the ports of LA and Long Beach is likely to be more constrained soon than it already is, carriers will look for cost-friendly and secure areas.
Amazon touts benefits of regional fulfillment and delivery model to help drive its first-quarter revenue to $143 billion.
Werner Enterprises missed first-quarter expectations Tuesday and lowered some components of its 2024 outlook.
Geopolitics and internal operating challenges prevented Air France-KLM from generating more cargo revenue during the first quarter, when the freight economy improved.
U.S. Customs and Border Protection officers seized some 2,300 baby and children’s products from the ports of Los Angeles and Long Beach.
A second proxy adviser is backing big changes on the Norfolk Southern board, but this one is calling for CEO Alan Shaw to stay.
Patrick Kelleher becomes DHL Supply Chain North America CEO on July 1, succeeding Scott Sureddin, who will retire Dec. 31.
ArcBest saw big first-quarter tonnage declines as it continued to swap transactional business for contract freight.
Descartes MacroPoint FraudGuard evaluates billions of data points related to freight location and shipment status in order to flag potential freight fraud.
ArcBest missed first-quarter expectations on Tuesday.
Modest growth in domestic e-commerce volumes plus improved aircraft utilization from network rebalancing helped Canadian airline Cargojet further stabilize performance during the first quarter, setting the table for growth this […]
TFI International subsidiaries TA Dedicated and Transportation Enterprise Services will pay $460,000 to settle a sexual orientation and retaliation lawsuit, the Equal Employment Opportunity Commission announced Monday.
An “influential” proxy advisory company has come out in favor of Ancora’s efforts to oust the leadership of Norfolk Southern.
C.H. Robinson is facing scrutiny from investors as it stock trades low. Can it evolve quickly enough to satisfy Wall Street?
A recent U.S. Supreme Court decision helps define the legal status of transportation workers at companies that are not primarily involved in transportation.
Universal Logistics sees a potential uptick in trucking volumes and rates by the end of the year.
TFI CEO Alain Bedard thinks the company’s U.S. LTL operations are booking too much light freight.
Saia and other less-than-truckload stocks sink for a second time in a week as quarterly reports disappoint.
A startup named for science fiction author Jules Verne is closing in on cryo-compressed hydrogen fuel for greater energy density.
Glen Stewart, director of strategic programs at Wabash, discusses the company’s Trailers-as-a-service (TaaS) offering, which is designed to help increase asset uptime.
Amerijet, trying to pull out of a downward spiral, is floating possible furloughs to address a pilot surplus.
Soft freight market conditions continue to create market headwinds as Hub Group’s first-quarter revenue declines 13% year over year.
While supply chains remain uncertain, here’s how SONAR can help freight keep the status quo.