UPS is working to transition U.S. Postal Service business from incumbent air cargo supplier FedEx and hire more pilots before the current contract officially ends.
Tesla’s first-quarter revenue fell 9% amid 6,000 worker layoffs in California and Texas.
Heartland Express said Tuesday weak freight fundamentals led to another net loss during the first quarter.
Open-deck transportation marketplace EXO Freight closed its physical office in Chattanooga, Tennessee, and laid off most of its employees to focus on improving its technology for enterprise shippers and their managed services.
Investors cheered Ryder’s earnings, which weren’t immune to the weakness in the trucking market.
Commercial vehicle parking and storage provider Semi-Stow is now Outpost. It hopes to double its existing properties after an infusion of $12.5 million in Series A funding.
The one attorney who has pleaded guilty in the Louisiana staged truck accident scam has seen his sentencing delayed again.
In the constantly changing world of last-mile delivery, it can no longer operate as a siloed operation from middle mile.
The air cargo sector grew more than 10% during the first quarter on the back of e-commerce exports from China and supply chain disruptions in the Red Sea.
Analysts said Shein could help Flexport get a boost in volume and revenue that the firm has seen decreasing throughout the freight recession.
Arkansas authorities arrested a truck driver after a traffic stop allegedly revealed he was in possession of nearly 28,000 packs of untaxed cigarettes.
Vladimir Tsymbalenko, a former CDL school owner in Philadelphia, was sentenced to federal prison after pleading guilty to bribing a CDL test administrator to pass clients.
Triumph Financial CEO Aaron Graft talked future opportunities as growth engine TriumphPay flipped to negative EBITDA in the first quarter.
EV Realty flips the electric truck charging script: It buys future charging sites with power already there.
This week, Gartner wags a finger at project44’s path to profitability, Flowspace customers see promise in AI and the Digital Container Shipping Association gets a new member.
Marten is the latest trucking company to report earnings that reflect the weak trucking market.
Pam Transportation Services joined other carriers Thursday, reporting a poor start to 2024.
The April State of Freight webinar tried to make sense of a trucking market that has now been in the doldrums for two years.
Five auto haulers are combining to launch an initial public offering on the Nasdaq.
Drones offer various inventory management solutions, including audits, cycle counting and stock taking.
Prologis modestly reeled in 2024 expectations on Wednesday as it believes the recent demand weakness is tied to near-term uncertainties.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Dominick Tullo; Greg Steele; Ronalkd Greene
United Airlines nearly closed the year-over-year gap in cargo revenue during the first quarter as the air logistics sector shakes off a lengthy slump.
Logistics warehouse landlord Prologis modestly lowered expectations for 2024 on Wednesday.
The end to one of the worst freight markets in history may be closer than it appears.
Knight-Swift Transportation cuts its first-half forecast one day after a notable earnings miss from J.B. Hunt Transport Services.
Family-owned trucking company and brokerage California Intermodal Associates Inc. is ceasing operations after nearly 25 years and blames the state’s independent contractor law.
J.B. Hunt Transport Services’ first-quarter earnings miss sent shares 6% lower in after-hours trading on Tuesday.
J.B. Hunt Transport Services reported a miss on first-quarter expectations Tuesday after the market closed.
Here are a few key takeaways from the Scopelitis Transportation Law seminar on the myriad of legal issues facing today’s trucking fleets.
Federal rules on personal conveyance are a big reason for continued hours-of-service violations, according to P. Sean Garney of Scopelitis Transportation Consulting.
A 97-year-old dairy that offers home milk delivery in glass bottles and has scores of ice cream and dairy stores in Illinois and Missouri has filed for bankruptcy protection.
The California Trucking Association and OOIDA plan to appeal a recent decision upholding California’s independent contractor law, AB5, to the 9th U.S. Circuit Court of Appeals.
A new law in Minneapolis that was to go into effect May 1 on Uber, Lyft compensation has been delayed.
Former Tony’s Express employees and truck drivers say financial mismanagement by new owner John Ohle led to the trucking company’s collapse.
FreightWaves earned two silver awards in the Azbee Awards of Excellence for coverage of Yellow’s closure and bankruptcy and a series looking back over five years since the ELD mandate.
With so much data in supply chains today, it can be difficult to sort through it all to create a strong logistics industry. The need for standardization is now.
Autonomous trucking regulation is already a state-by-state issue. In California, it may become a community-by-community matter.
This week we explore Motive’s first user conference, a Latin American FreighTech company looking to expand into the U.S. and Banyan Technology expanding beyond LTL solutions.
A truck driver who filed a defamation suit because of the contents of a report on him came up short on appeal in federal court.
More than 1,300 layoffs hit freight-related companies in Texas, Florida, Illinois, Michigan and Georgia over the past two weeks.
The government’s long-awaited National Multimodal Freight Network has finally kicked off with a two-month request for information to help map out facilities and routes.
We may be months away from a national market shift, but the time to start planning for it is now.
A preliminary report on how Norfolk Southern did in the first quarter comes as the showdown over its future nears a climax.
The air cargo market’s upturn helped Delta Air Lines in the first quarter, but revenues were still lower than in 2022.
Stord’s purchase of ProPack Logistics grows the company’s fulfillment centers to 1.6 million square feet.
A federal appeals court backed the authority of the EPA to grant environmental waivers to California, with possible ramifications for trucking.
Leon Keener pleaded guilty to mail fraud in an embezzlement scheme in which he stole $1.3 million from I-State Truck Centers in Minnesota.
Over the past several years, the logistics industry has been propelled into the digital age by a powerful combination of consumer expectations, government regulations and technological innovations. Some companies have […]
Xeneta data reveals that ocean spot rates have not reacted significantly to the Baltimore bridge collapse, despite the disruption to supply chains on the East Coast.
As disruption after disruption throws transportation leaders for a loop, how are we still able to keep supply chains moving?
The company last announced its Series C raise in 2022, led by SoftBank Vision Fund 2 for $115 million, valuing the company at $575 million. Platform Science has raised $309 million since 2017.
The delivery of SONAR data within Loadsmart’s TMS will provide users direct access to market-level tender and rate data in an application they already use daily.
The dynamic nature of logistics calls for a new method of negotiating rates, through real-time data and automation.
Truck transportation jobs in March recorded an increase in the midst of a generally weak trucking market.
Here are four innovative companies FreightWaves was introduced to at the Mid-America Trucking Show in Louisville, Kentucky.
A California trucking company has shuttered operations after 19 years of hauling general freight throughout the state.
Wisconsin Gov. Tony Evers vetoed a bill that would have put a $1 million cap on non-economic damages in lawsuits related to accidents involving trucks and other commercial motor vehicles.
Daseke, known primarily for its flatbed operations, is now part of TFI International.
Uber Freight has brought on talent with decades of experience from C.H. Robinson, Amazon and Walmart.
Truck lease purchase deals did not get many positive reviews at a recent gathering of a federal task force studying the deals’ impact.
Grace Ocean and Synergy Marine, the companies that own and manage the cargo ship that brought down the Francis Scott Key Bridge, want a federal court to limit their liability in the deadly disaster.
A California-based less-than-truckload carrier has ceased operations, leaving over 200 truck drivers, warehouse workers and office personnel without jobs or paychecks.
New debt to pay a big dividend has led the two largest ratings agencies to reduce their rating of short-line rail operator Genesee & Wyoming.
Sheer Logistics’ acquisition of CargoBarn is aimed at strengthening the company’s position in anticipation of market fluctuations.
iAero, a contract carrier for DHL Express, says it is going out of business by the end of the week.
Pride Group filed for bankruptcy protection last week, citing capacity oversupply and underwhelming demand for trucks.
New technology and processes in supply chains have helped make the industry more resilient — but not enough to withstand every possible disruption.
A nuclear verdict in a fatal accident on Interstate 70 in Missouri has been upheld by an appellate court.
Pride Group has filed for bankruptcy protection after a lender filed a $100 million breach-of-promise lawsuit.
A jury found Jesus Puebla, 27, of Denver, guilty of five counts of vehicular homicide after the straight truck he was driving crashed into an SUV carrying a Wyoming family.
Over the past five quarters, Blue Yonder has spent over $1 billion in supply chain acquisitions, including Doddle and Flexis AG.
Here is the weekly rundown of FreightTech news you may have missed
Natural gas may be having a moment as an alternative fuel for trucking, but there are a few nagging questions.
Deli meat producer Freirich Foods claims “temperature abuse” of tons of corned beef at a third-party cold storage facility is the reason it was forced to file for bankruptcy protection.
An earlier ruling that a group of drivers in Amazon’s Flex program in Wisconsin are employees rather than independent contractors has effectively been upheld.
An administrative assistant at a Texas trucking company who ran a fraudulent pay scheme faces more than five years in prison.
FreightTech investment firm Venture 53 says Heale “shares our vision for the future of the supply chain ecosystem.”
A Delaware bankruptcy court overseeing Yellow’s liquidation said Wednesday it will hear the case regarding nearly $8 billion in pension withdrawal liability claims against the estate.
UPS told investors it is leaning into automation and robotics to increase parcel capacity, which in turn will allow the company to operate fewer physical facilities.
Cindy Ellers, chief customer officer at Bestpass, joins FreightWaves to talk about challenges fleets and owner-operators face in 2024. She also highlights recent partnerships and acquisitions by Bestpass.
Yellow’s breach-of-contract suit against the Teamsters union has been dismissed by a federal court in Kansas.
Moody’s held its investment-grade debt rating of RXO, but its outlook was shifted to negative.
Chinese trade flow into Mexico is helping to build up the latter’s manufacturing capabilities, which is a long-term positive for the U.S.
Agents in Cincinnati found fake NFL, NCAA and MLB championship rings that had been sent from Hong Kong to Kansas.
First-quarter earnings estimates for truckload carriers have been reeled in again as the industry awaits a meaningful turn in the cycle.
A California-based trucking company, which shuttered operations in November after its operating authority was involuntarily revoked, recently filed for bankruptcy liquidation.
Norfolk Southern’s annual meeting will be May 9, when the push to oust current management comes to a head.
FedEx Express has parked more freighters, reduced aircraft capex and is integrating its daytime freighter network with the Freight segment’s less-than-truckload operation to provide linehaul connecting the U.S. and Europe to boost efficiency.
Colorado State University researchers say ELDs are vulnerable to “truck-to-truck worms,” self-replicating malware that spreads across a network.
In today’s FreightTech Friday roundup, we explore Transportation One’s new tech, a Truckstop survey on carrier sentiment and a recent round of funding.
Onshore well services provider Enservco Corp. has entered an agreement to acquire Buckshot Trucking.
While the logistics industry as a whole needs data standardization for greater efficiency, it faces specific challenges when compared to other industries.
Bosch has a cloud-based plan for load matching; Nikola’s high-pressure product and problems;, and Cummins’ creative stock buyback via spinoff
FedEx said strong cost controls drove its fiscal third-quarter results; its shares soared in late trading.
In the ongoing battle between FreightTech giants project44 and FourKites, the Illinois Supreme Court has sided with project44, agreeing that allegedly defamatory emails were sent to a third party.
Transfix has launched tools aimed at protecting shippers, carriers and brokers from fraud.
In the ongoing battle between FreightTech giants project44 and FourKites, the Illinois Supreme Court has sided with project44, agreeing that allegedly defamatory emails were sent to a third party.
The end of 2023 saw a surge in cargo thefts with thieves targeting food and beverage freight, along with electronics and household goods.
Uber Freight’s Powerloop offering has served more than 220,000 loads using over 10,000 carriers. Powerloop saw a 43% increase in power-only load volume in 2023.
