John Kingston, FreightWaves Energy Market Expert, has been named the winner of the prestigious 2020 Abdullah Bin Hamad Al-Attiyah International Energy Award for Lifetime Achievement for the Advancement of International Energy Journalism.
Sendengo is a digital freight brokerage that enables users to control transactions and helps reduce cargo theft.
FLEETCOR Technologies, Inc. (NYSE: FLT), a fuel-card and business-payments provider, announced fourth-quarter 2019 adjusted earnings per share (EPS) of $3.17, 14% higher year-over-year and $0.03 better than the consensus estimate. […]
Drivers have preferred times when they like to visit shipper facilities, and they hate waiting, according to the second Uber Freight Facilities Insights Report.
PRO Act’s provisions mirror California law upending independent contractor status.
A difficult truck brokerage market appears to have stalled growth at Uber Freight compared to the third quarter. However, the operating loss narrowed significantly.
Protest comes a week after Nike and other Portland businesses signed a letter supporting the climate legislation.
Company posts expected $8.6 million profit as intermodal helps offset declines from trucking and other divisions as new CEO looks to better performance in 2020.
Trucking companies should understand the rules surrounding workers’ comp coverage.
Charley Dehoney writes about digital brokerages and what they really are and do…
ChargePoint, with more than 108,000 electric vehicle chargers, and travel plaza and truckstop association NATSO will use Volkswagen “Dieselgate” settlement money and other funds to build out an electric charging infrastructure at 4,000 travel plazas by 2030.
U.S. Xpress sees a path to improved profitability in 2020 and beyond. These were just some of the highlights provided on the carrier’s earnings call.
Authorities evacuate town of Guernsey, Saskatchewan, and close five-mile stretch of key Western Canada highway after morning accident involving CP train.
Your name is your face to the world. Forward Air wants a makeover since diversifying from its original business focused on air cargo, so it’s changing its name and logo.
U.S. Xpress reported a better-than-feared loss to close out 2019. The company expects conditions to improve in 2020.
Persistent industrial weakness sends Old Dominion’s fourth-quarter results down
Proposal would create competitive grant program for projects that add capacity.
Werner’s management team is still pointing to a truckload recovery in 2020 but noted that the first half will be a challenge.
Amazon’s free shipping lures US consumers even if some disapprove of how it does business, survey finds
Like most mega-companies, UPS Inc. (NYSE:UPS) is loath to publicly discuss customers or its relationships with them. It refuses to answer reporters’ questions about customers. It never mentions them in […]
WEX said that a data limit issue within its IBM Informix system was the cause of fuel cards being shut off across the country today.
“In some cases, a broker’s payment policy is more important than the rate it pays the carrier,” said Jason Kirkpatrick.
The Protect App-based Driver & Services Act seeks to exempt app-based drivers from the state labor law while providing benefits and safety protections.
Problems continued into the afternoon for customers of WEX fuel cards, including its EFS and FleetOne cardholders, as a system outage rendered cards useless at fuel pumps.
The gig economy is one more challenge for truck drivers.
Canada’s federal postal carrier asks Canadian producers to stop shipping cannabis to Campobello Island — because of the troublesome transit through Maine.
The key metric “net revenue per truck per week” is explained by Chris Henry.
Truck drivers using EFS fuel cards have been unable to fuel their vehicles as a systems outage has shut down the cards, according to multiple reports.
The startup plans to triple its team size by the end of 2020.
Year-over-year truck orders rose 10% to 17,700 in January, but bookings remain anemic as fleets place only critical equipment replacement orders.
Economist Noel Perry joins the podcast as a guest this week.
Dana Inc. (NYSE: DAN) recently announced it will use Transplace’s transportation management system (TMS) to manage its North American supply chain. Maumee, Ohio-based Dana is a supplier of axles, drive […]
Despite its efforts to reorganize, it appears Cold Carriers Logistics and its entities plan to cease operations on Feb. 21.
A federal judge recently ordered Zach and Garrett Barber to forfeit more than $1.3 million in funds they derived in an elaborate 11-year “chameleon carrier” scheme.
Dedicated carriers serving the Co-op Refinery in Saskatchewan stuck in the middle as a labor dispute cuts off their livelihood.
YRC posts weak fourth-quarter, hampered by bad economy
Opposition from safety advocates could mean rough road to inclusion in highway bill.
Engine maker Cummins already was predicting a difficult 2020 before the outbreak of the coronavirus in Wuhan, China, where Cummins’ manufacturing operations are shuttered.
Supply chain digitization is helping drive trust and security while lowering obstacles to moving goods.
Known on northeastern highways for its iconic orange and white trucks, Preston 151 was founded in 1932 in the Chesapeake Bay area of the United States. The company was started […]
President Donald Trump singled out a new steel mill project in Texas during the signing of the United States-Mexico-Canada Agreement (USMCA) trade pact last Wednesday. Trump cited the Steel Dynamics […]
Spartan Motors has sold its emergency vehicle manufacturing division so it can focus on growth opportunities in commercial and last-mile vehicle development. Plus, Connecticut plans a toll vote, a startup wants to move freight transport underground, and Oregon truckers are ready to protest.
Power management company Eaton Corp. missed analyst estimates in the fourth quarter, partially because of weakness in the automotive sector and a $50 million warranty charge.
Startup XStream Trucking is in early talks with two major truck manufacturers about its aerodynamic drag-reducing TruckWings, but its first distribution deal makes them optional on compressed natural gas conversions by Agility Fuel Solutions.
Despite the first labor strike in 35 years and volatile orders for new trucks, Martin Weissburg says his current role as president of Mack Trucks is the favorite of his 15-year Volvo Group career.
CRST, U.S. Xpress also support petition to review decision awarding $54.6 million to drivers.
C.A.T.’s purchase of Manitoba truckload carrier will rev up east-west moves in Canada and cross-border freight with Western U.S. while expanding tractor count by 50%.
John Lyboldt is President of the Truckload Carriers Association, the only trade association focused entirely on the truckload segment of the motor carrier industry.
Saia’s q4 EPS comes in light. Operating income, operating ratio hit by higher expenses on multiple fronts
The integration will help users share data seamlessly and immediately across both Samsara and McLeod platforms.
The Wuhan coronavirus has forced several Chinese cities into a state of lockdown, severely affecting manufacturing hubs and constricting global supply chains.
Companies may be creating unnecessary risk in their operations if they have an out-of-date policy and procedure manual, or worse, aren’t following it.
The proposal is part of a 10-year, $19.4 billion infrastructure plan to improve roads, bridges, airports, rail and bus service.
Big investors like Carl Icahn will have a say in whether Volkswagen’s truck group buys the 83% of Navistar it does not already own, but CEO Troy Clarke’s expected age-related departure this year seems more than a coincidence in TRATON’s $2.9 billion bid.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: CFI Logistica expands cross-border operations; Laredo mayor Saenz hails signing of […]
Parts of northbound Interstate outside of Atlanta reopen after fiery crash shuts all lanes for most of Saturday
Raising tax by 15 cents a gallon is needed before transitioning to mileage-based fee, according to lobbying group.
A Texas jury recently awarded nearly $7.4 million to a man who was seriously injured when a truck driver hauling an oversized load veered off route and struck a bridge, sending metal debris into his vehicle.
Kayla Matthews writes about options if you are interested in starting your own trucking company.
Australian logistics giant
Toll Group possible cyber attack victim
FreightWaves SONAR has new information for subscribers.
Flat volumes, excess capacity persist.
Agency confirms it will credit ‘query’ balances in certain cases.
ArcBest posts down q4 results and January didn’t look much better
USA Truck’s shares fall after another earnings disappointment. New turnaround initiatives were quantified on the company’s conference call.
The ramifications of 2019 will come in the form of shrinking capacity, pushing rates up as supply falls to meet demand instead of dwarfing it.
Mack likes the stability of the medium-duty truck market, where it can sell small trucks to current customers without the dizzying ups and downs of the Class 8 market.
Substantial point-of-sale incentives are available through a new voucher program funded by cap-and-trade fees.
Electronic gadgets like smartphones in the cab lead to driver distraction, and driver assistance technologies like ADAS appear to add a new dimension to that behavior.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Much of the discourse and sentiment surrounding the […]
Cass Information Systems reports a 6% year-over-year decline in transportation invoices but manages to post another full-year earnings record.
Too much Amazon traffic may spoil the Brown broth
USA Truck reports another worse-than-expected loss as it revamps the company.
Most key metrics were lower for the LTL carrier/brokerage company.
TRATON makes long-expected move to take over Navistar despite claiming disinterest. Navistar says it will take a look at the offer.
As more of its drivetrain business moves to electrification, Meritor focuses on integrating recent acquisitions TransPower and AxleTech.
Amazon blows past analysts’ EPS estimates for q4
Daseke updates guidance, lowering the expected fourth-quarter loss. The company’s restructuring remains on track.
AscendTMS is the first TMS to allow users to reserve parking for drivers inside the system, thanks to a collaboration with TruckPark.
California owner-operators argue their livelihoods are at stake under new labor law.
Echo Global adds features that suggest loads along favored lanes for carriers using its EchoDrive platform.
Mack is back in medium-duty trucks with its first offering in two decades coming this summer from a new plant near Roanoke, Virginia.
Aptiv’s Q4 2019 U.S. revenue stood at $3.6 billion, a decrease of 1% year-over-year.
Volvo Group reported a significant jump in its fourth-quarter income, but truck orders and net sales declined compared with 2018 numbers.
Upgrading docking, a new Northeast hub to come and the “weekend advantage” all played a role in the improvements
Market softness, excess capacity, weak demand and soaring insurance costs and claims were the near-term challenges highlighted on Landstar’s conference call.
In case you weren’t able to catch our live broadcasts from Music City at the Air Cargo Conference at the top of this week, don’t worry, we’ve got you covered right here, right now for a “just in time” delivery.
Open-deck logistics provider Jones Logistics turned to AI-powered solution from Parade to build a digital brokerage for load management
UPS posts largely expected Q4 results as operating gains and nontax and after-tax charges cancel each other on the bottom line.
CVTA vows to push FMCSA for earlier implementation.
Landstar’s insurance and claims expense line hit first-quarter results, and another fatal accident results in guidance well below analysts’ expectations.
Funding likely to remain elusive for proposal that focuses on zero-carbon initiatives.
UPS unveils a slew of products and services ahead of tomorrow’s fourth quarter results
A proposed sustainable fuel mandate in Washington state highlights a divide in the transportation industry over regulations aimed at reducing carbon emissions.
President Donald Trump on Wednesday signed into law a revamped pact with Mexico and Canada that replaces the 26-year-old North American Free Trade Agreement (NAFTA). The United States-Mexico-Canada Agreement (USMCA) […]
Third-party logistics firm STG Logistics has tapped Paul Svindland, former chief executive of bankrupt Celadon Group Inc., to lead its company.
Wall Street reacts positively to a projection for the rest of the year.
Schneider National’s fourth quarter suffered from a “muted peak season” and softer rates. However, the carrier’s 2020 outlook calls for improving fundamentals.
Scott Burke expected the worst when the bird of prey hit his fully loaded Kenworth tractor-trailer going 50 mph. Instead, he got his rig to safety — and the bird is expected to make a full recovery.
It’s a bold plan and FreightWaves’ Mark Solomon has plenty of experience covering XPO to give us a unique perspective.
