Trucking

Ryder System is increasing its dedicated footprint with the acquisition of Cardinal Logistics.

FedEx has more cargo jets than it needs for its express package network. Some of those planes will now be used to try and capture a larger share of the general cargo market. In doing so, FedEx will go head to head with all-cargo carriers like Atlas Air, Cathay Pacific and Nippon Cargo Airlines.

There was little good news in C.H. Robinson’s fourth-quarter earnings.

Truck broker Landstar is seeing normal seasonally weak trends so far in January, which is worse than what analysts were hoping for.

Heartland Express’ fourth quarter benefited from large gains from terminal sales, without which the truckload carrier would have seen another loss.

On this week’s episode of Taking the Hire Road, host Jeremy Reymer chatted with Marina Ivanov, co-founder of Apex Transit, a North Carolina-based carrier.

Reliance Partners Executive Vice President of Sales Jackson Alexander believes that understanding the underwriters point of view can help carriers navigate the insurance renewal process.

Old Dominion’s fourth quarter was largely in line with analysts’ expectations even as it takes on growth-oriented costs ahead of improvement in demand.

The FBI says it has disrupted a drug operation that used truck drivers to transport narcotics from Mexico to the U.S. and Canada.

Less-than-truckload provider Roadrunner announced the addition of 135 new lanes as well as service to parts of Canada.

A convoy of trucks and other vehicles are reportedly heading to the Mexico border calling on the federal government to take action against illegal immigration.

Federal investigators have charged two current and two former Massachusetts State Police (MSP) troopers, along with two others, alleging the six traded favors in exchange for giving passing scores to certain applicants in a fraudulent commercial driver’s license (CDL) scheme.

The mismatch between electric truck availability and charging infrastructure prompted Daimler, Volvo and Navistar to make a PACT.

While FMCSA has issued minimal requirements for MVR checks, carriers doing only the bare minimum are creating and perpetuating visibility gaps that leave their fleets vulnerable.

Subpar 2023 results and uncertain 2024 guidance sent shares falling.

Brokers and carriers are still feeling the sting of the ongoing freight recession, and factoring companies can be critical partners during this time.

The latest agenda from DOT delays rules on truck speeds and automated driving systems.

Jumbo Beverages announced a permanent layoff of all employees at its beverage distribution center in Grapevine, Texas

J.J. Schickel, CEO of Omni Logistics, will not be in an executive role at the combined Forward Air-Omni company.

Rachel Premack (that’s me) has a new job outside of journalism. This means no more MODES (for a little while).

This week in Borderlands: Continental AG announces $90M manufacturing facility in Mexico; 3PL Outerspace opens fulfillment operations in Arizona; South Texas border logistics park announces expansion; and CBP seizes tramadol at Laredo’s World Trade Bridge.

Sweden’s Volvo Group reported strong Q4 results but pointed to normalizing demand, code for lower sales already visible in slackening orders.

On this week’s episode of Taking the Hire Road, host Jeremy Reymer was joined by KSM Transport Advisors Chief Operating Officer Chris Henry.

Canada-based Bison Transport is partnering with CPKC to provide cross-border intermodal service between Canada, the U.S. and Mexico.

A Texas-based trucking company has filed for bankruptcy liquidation four days before a wrongful death civil trial filed by the family of one of its former drivers who drowned in 2016 was slated to start in El Paso County, Texas.

WattEV continues to roll up a lion’s share of federal infrastructure grants as it plots electric charging corridors

FedEx and UPS reinstate money-back guarantees on second-day morning air service.

Love’s plans on adding as many as 2,000 truck parking spots this year, less than in recent years.

Detention time is one of trucking’s most pernicious issues. Two former retail executives explain why the industry can’t seem to fix it.

Forward Air announced Thursday that it has closed on a merger with Omni Logistics following months of litigation.

Marten Transport reported net fourth-quarter income that was more than 50% lower than a year ago.

Knight-Swift Transportation reported a big fourth-quarter miss on Thursday, but management has hopes normal seasonality will return by spring.

Humble leadership at Paccar forgoes a victory lap its as profit streak reaches 85 years with regular dividends paid out since 1941.

Covenant Logistics Group said the freight cycle is bottoming out, and it expects the market to slowly improve over the next several quarters.

Fleet telematics provider Samsara Inc. (NYSE: IOT) filed suit against rival Motive Technologies in federal court Wednesday, alleging Motive, formerly KeepTruckin, copied and used its proprietary technology and engaged in false and misleading advertising.

Semi-trucks are getting better at monitoring what drivers do and, frankly, driving themselves. Truckers are understandably concerned. 

Chattanooga, Tennessee-based Covenant Logistics Group’s fourth-quarter revenue declined 7.4% year over year to $273.9 million.

TriumphPay came in at positive EBITDA in the fourth quarter, a full year ahead of schedule.

Volvo Trucks North America revealed a 90% new VNL over-the-road truck that promises up to 10% better fuel efficiency.

Truck maker Paccar Inc. reached 85 consecutive years of posting net income with record sales and profits in the fourth quarter.

Walmart is the largest company in the world. Its elite, well-compensated trucking fleet is part of the reason why.

Paccar is recalling 11,053 medium-duty trucks because an improperly seated mirror glass lock ring may allow glass to fall out.

The Postal Service balked at electric delivery trucks, but it is getting with the program, starting with off-the-shelf Ford E-Transits.

As a freight broker, you are on the front lines of ensuring safe, efficient and compliant transportation of goods.

Forward Air announced Monday that its deal with Omni Logistics will close at a slightly reduced amount.

C.H. Robinson said 10 of the top less-than-truckload carriers on its platform are now using electronic bills of lading.

Matt Silver launches US-Mexico logistics startup Cargado with $3 million in pre-seed funding.

Drivewyze has launched a new service to push safety notifications live to ELDs and other devices.

This week in Borderlands: Nearshoring forecast to boost US-Mexico trade in 2024; Texas receives $70M grant for hydrogen fuel stations; automotive manufacturer announces $400M factory in Mexico; and Texas logistics park receives $1.5M grant to expand services.

Nikola is in no hurry to artificially boost its stock price to ward off its second Nasdaq delisting notice in eight months.

Flexport CEO Ryan Petersen on Friday announced the company has raised $260 million from shareholder and e-commerce provider Shopify.

A Las Vegas man has been sentenced to supervised release and six months of house arrest for his role in a scheme to defraud the trucking company where he worked out of more than $112,000.

Could electric trucks find a new power source in decommissioned power plants. Zeem Solutions plans to find out.

J.B. Hunt Transport Services’ fourth quarter was weighed down by insurance costs but revealed a couple bright spots at the bottom of the cycle.

Mississippi incentives helped lure a $2 billion advanced battery-making joint venture for electric trucks to the Magnolia State.

Nation’s top truck safety regulator, Robin Hutcheson, will step down Jan. 26, according to DOT.

Supply chain-focused startups Sayari, TrusTrace, Cart.com and Kusari recently secured a combined $330 million in capital investments.

The January State of Freight webinar from FreightWaves looked at low temperatures and signs of a warming market.

California leads zero-emission truck adoption, but other states are growing faster in certain types of commercial EVs.

A Delaware court will determine if Forward Air is required to close on a merger with Omni Logistics, or if Omni breached the deal agreement as alleged.

Supply chain software providers Manhattan Associates, Blue Yonder and AWS Supply Chain used the National Retail Federation’s annual meeting to tout new offerings and discuss recent challenges.

Lawmakers are told that criminals are registering as fake trucking companies with FMCSA. 

WWL Vehicle Services Americas is closing a Houston logistics operation and moving to Freeport, Texas.

PS Logistics announced its second deal of the year, acquiring the flatbed operation of North Carolina-based ELS.

The Haslam family has exercised its option to have Berkshire Hathaway buy the final 20% of Pilot Travel Centers it did not already own.

Canadian authorities shut down two trucking companies in the Vancouver area that are tied to recent highway collisions.

Equities analysts have trimmed fourth-quarter truckload estimates again after the industry limped through the final days of the year.

Warehouse operator Prologis reported in-line fourth-quarter results and full-year 2024 guidance.

ITS Logistics is entering this digital arena with its container management and visibility platform ContainerAI.

Daimler Truck managed a 1% gain in global sales in 2023, less than expected as supply chain issues still haunted the leading OEM.

December data from Cass Information Systems shows further rate stabilization, albeit at depressed levels.

This week in Borderlands: Mexico top US trade partner in November, Laredo No. 1 gateway; PSC Group acquires rail terminal in South Texas; automotive firm inaugurates $55 million expansion in Mexico; and CBP seizes $5M worth of cocaine at Texas border crossing.

FMCSA is providing a rare glimpse into documents it will consider in formulating a significant safety rule.

Daimler Truck named Eva Scherer as chief financial officer to succeed Jochen Goetz, who died from a reaction to a wasp sting in August.

Yellow’s estate is roughly halfway through the liquidation of more than 300 terminals, a court order showed Friday.

Strategic theft is particularly insidious because it often involves fraudsters manipulating the very tools that companies implemented in order to make their supply chains more efficient. 

The Teamsters had a good few months at the end of 2023 in their organizing efforts, racking up several victories.

Freight brokerage Coyote Logistics has slashed an unspecified number of jobs in its sales and operations divisions.

The New Year could see potential rate increases due to several factors. Here are some strategies you need to keep in mind.

TruBlu Logistics is divesting its private long-haul fleet and will transition cross-dock shuttle operations to another company, affecting over 600 trucking jobs.

Hydrogen was a big topic through the mobility and transportation space at the Consumer Electronics Show in Las Vegas.

GXO Logistics is closing a Memphis distribution facility and laying off 211 workers.

Florida International University College of Business’s Dr. Patrucco teaches novel approaches to buyer-supplier relationships.

Ree Automotive’s Class 5 delivery van is the first to eliminate mechanical linkages for steering, braking and driving.

Werner Enterprises said Wednesday that Nathan Meisgeier, its chief legal officer, has also assumed the role of president of the company.

Despite often being more dangerous in nature, cargo-related crimes in Mexico receive a fraction of the attention that is afforded to similar issues happening in the U.S. and Canada.

Ryder has opened a major distribution center in Indiana for printing giant Lexmark, which has manufacturing sites in the U.S. and Mexico.

New CEO must reverse long-term stagnation in shareholder value.

The final Department of Labor rule on independent contractors was mostly unchanged but with some small wins for the trucking industry.

PS Logistics’ latest acquisition adds several hundred trucks to its Southeast operations.

Seattle-based logistics startup Flexe is laying off 99 workers, its third round of layoffs in two years.

A California-based third-party logistics company, which had 34 power units and 33 drivers, filed for bankruptcy liquidation on Thursday.

A decision by the U.S. Supreme Court not to review a case involving broker liability leaves that question unresolved among the circuit courts.

Berkshire Hathaway and the former owners of Pilot Travel Centers have settled their legal differences on the day trial was set to begin.

Private firm Longpoint acquires 25 commercial logistics warehouses in South Florida for $262 million.

Cummins Inc. will spend $580 million to upgrade a North Carolina plant to make fuel-agnostic small engines.

Morgan Stanley told investors on Monday that a rebound in freight demand may happen sooner than many are expecting as inventories need to be rebuilt.

Several Texas border cargo bridge projects could be fast-tracked after President Joe Biden signed a new law to speed up the permitting process.

Less-than-truckload carrier Pitt Ohio announced the expansion of its New England service on Monday.

FedEx Express faces more headwinds in its effort to improve profitability as the U.S. Postal Service prepares to drop air routes from contracted service.