Taiwan-based electronics maker investing $500M in Mexico
Taiwan-based electronics maker Foxconn is betting big on Mexico with a $500 million investment.
Taiwan-based electronics maker Foxconn is betting big on Mexico with a $500 million investment.
Alaskan trucking fleets are desperate for truck drivers. They make up to $170,000 a year. But the job isn’t easy.
Freight markets showed some signs of exiting a recession in August.
RCG Logistics will immediately be integrated under the Acertus brand.
There’s no perpetual, industry-wide truck driver shortage. The market quickly corrects any shortage of labor.
A more than $36 million verdict was issued against Werner over its failure to hire a deaf driver back in 2018.
Texas’ population and gross domestic product are expanding at a faster rate than California’s.
Tender rejection data in the FreightWaves SONAR data platform shows that the freight market bottomed on May 14. Since then, conditions for carriers have slowly been improving.
This week in Borderlands: Solar panel maker building $1B factory in New Mexico; McMaster-Carr to open $360M distribution center in Fort Worth; Startup Aircon raises $3.3M in seed funding; and Texas-based Ever.Ag acquires logistics platform.
Advocate for female truckers says new EEOC policies are overdue.
Mack Trucks filed a recall for 27,418 heavy-duty trucks because their turn signal visibility does not comply with a federal safety standard.
Laid-off employees came from support departments including Human Resources, Information Technology (IT) and other ancillary support roles. IT roles affected by the event included business analysts, scrum masters, quality analysts, product managers, and project managers.
Barge rates on the Mississippi in St. Louis, a key port, have risen sharply due to low water levels on the river.
Workhorse Group stockholders approved a proposal to more than double the number of authorized shares, one of few paths to new capital.
An enormous drop in truck transportation jobs in August is likely related to the shutdown of Yellow Corp.
Ree Automotive tested its Reecorner by-wire technology for months before getting precertification that moves it closer to production.
Coyote, a $5.2 billion freight broker, just announced layoffs again. The trucking industry is in a recession.
While there have been efforts to improve sustainability in the freight industry, significant challenges remain.
Convoy and OTR Solutions have issued a joint statement saying that the situation has been resolved.
FedEx’s 2024 rate increases highlight the many moving parts that UPS will need to manage.
U.S. Postal Service contractor Matheson Flight Extenders (MFE) filed paperwork Thursday stating that it plans to eliminate 305 jobs and close its sorting facility in Chicopee, Massachusetts, by the end of October, bringing to about 1,000 the total job cuts it has announced in recent days.
A key participant in Louisiana’s Operation Sideswipe was to be sentenced Thursday, but a new date sets up a sentencing doubleheader.
At the end of the day, logistics is a relationship-driven industry. Solving widespread issues – like detention time – requires collaboration between all shippers and carriers.
Despite the growing importance of interoperability in supply chains, there are more technology companies marketing closed platforms than ever before.
LiveQuote allows brokers to send their shippers automated quotes tailored to each company’s expectations, capacity and requirements.
Nikola Corp. founder Trevor Milton lost a bid for a new trial on a claim of juror bias.
A small group of New Jersey workers at a division of Werner has voted to be represented by a union, a first for the giant truckload carrier.
Arizona has settled a federal lawsuit over a wall made of shipping containers at the Mexico border that was taken down in January.
The market is still depressed, but recent layoffs and closures have fueled enough uncertainty to make some players wonder about changing market tides.
During the NMFTA’s monthly webinar, Perygee’s CEO shares how properly tracking little data helps transportation companies leverage big data insights across their organization.
Trucking companies are fleeing the market and volumes are starting to rebound. This is good for the freight industry.
Several tractor-trailers loaded with critical disaster-relief supplies provided by the nonprofit group Convoy of Hope are en route to staging areas Tuesday as Hurricane Idalia barrels toward Florida’s Gulf Coast.
A hedge fund with a stake in Yellow Corp.’s debt and equity is looking for more influence as the bankrupt company begins to unwind assets.
FedEx is levying a 5.9% general rate increase on Express and Ground shipments in a possible attempt to undercut UPS.
Major trucking lender BMO reported a deterioration in several credit measures in its third-quarter financial report.
Small trucking companies are taking over the industry. Decades of global and domestic policies have made this happen.
Following the bankruptcy of trucking giant Yellow, some 22,000 union workers are unemployed. It may be a spooky sign for the labor movement.
Workhorse Group fell short in its first try to get shareholders to more than double the number of outstanding shares in the electric step van maker.
A nationwide trucker strike in Mexico has been postponed after the group behind the protest negotiated a deal with Mexican authorities.
A new safety standard would change how FMCSA determines whether carriers and truckers are fit to operate.
ArcBest said Monday that shipments from its primary less-than-truckload customers have increased 20% since June.
Ohio-based Republic Steel has been ordered to pay nearly $4.6 million to Pennsylvania-based Beemac Trucking and Deemac Services after a federal jury determined the steel mill breached its contract by failing to pay the companies millions of dollars in outstanding invoices.
This week in Borderlands: Mexico’s truckers plan nationwide strike, blockades; $142B announced for Texas transportation infrastructure; Fresh Del Monte moving to Port Freeport; and border airport adds commercial cargo operations.
Pilot Travel Centers has been forced to shut 19 of its outlets due to the liquidation of those sites’ operator, Mountain Express.
The typical Class 8 truck gets less than 7 miles per gallon on the highway. How does a driver average more than 10 mpg?
FMCSA and NHTSA should incorporate braking technology to avoid crashes involving more than just other vehicles, AARP warns.
Knight-Swift Transportation announced late Friday that its top two executives have taken a reduction in base pay amid other cost-cutting measures at the company.
The scarred areas of Maui remain an active incident area, ALAN’s Kathy Fulton says.
Reliance Partners’ Borderless Coverage program provides shippers and logistics service providers of all sizes with coverage from the moment of pickup in the U.S. to final delivery in Mexico.
The governor of California appears to favor supporting autonomous trucking technology over labor objections.
Third-party logistics provider GXO received two solid analyses this week from the debt and equity side of the ledger.
The mayor of Minneapolis vetoed a proposal that would have set a $1.40-per-mile minimum pay for Uber and Lyft drivers. (Photo: Jim Allen/FreightWaves)
The freight market downturn has made profitability elusive.
Jim Ward, president of the Truckload Carriers Association, joins Taking The Hire Road to discuss how the organization is elevating the industry.
Issues in the yard can threaten tight delivery windows just as much as issues on the road. Every inefficiency in the supply chain creates a domino effect, but so does every improvement.
Moving company WayForth is laying off hundreds and closing operations across eight states following a downturn in business.
Recent estimates on the current level of employment in the transportation and warehousing sector by the BLS are probably too high.
As the market continues to challenge brokers and carriers alike, freight agents need an organization to call home that allows them to advance their business. TAB provides that – — as evidenced by its 40% year-over-year growth for the past seven years that continues today.
A new app from Finloc 2000 allows carriers, drivers and, soon, freight brokers to book overnight truck parking, addressing an issue that plagues the U.S. trucking industry.
Just as scaling McDonald’s was more about real estate than hamburgers, electric truck charging is as much about land as it is about the grid.
Expedited delivery provider Priority Courier Experts received a strategic investment from private equity firm Trident.
Bulk hauler Trimac said Wednesday it acquired Doyle Sims & Sons Trucking.
Canada is pushing back against the latest U.S. decision to keep imposing import tariffs on Canadian lumber.
Federal regulators will attempt once again to try to figure out the safety and cost effects of delaying truck drivers at shippers and receivers.
Large carriers finally started shedding capacity this summer.
“Optym HaulPlan has enabled us to plan more efficiently and make adjustments to lanes quicker,” said Estes President and COO Webb Estes.
The new agreement passed by the largest margin in the history of UPS-Teamsters contracts.
Automated equipment put to work for the U.S. Postal Service failed to achieve projected savings, according to the agency’s watchdog.
Cal Fleet Advisor mostly geared to smaller fleets; no fee for the service
H.I.G. Capital announced it has entered an agreement to acquire expedited air and ground logistics provider Ascent Global Logistics.
Effective Sept. 4, all FedEx surcharges will be known as “demand” levies.
Tai has been working on email improvements utilizing AI and machine learning for over three years now. . Most recently, the company introduced a new email feature – helping brokers write emails.
Forward’s plan to acquire a large forwarder has stakeholders concerned.
“We’re constantly in touch with customers to make sure services and standards are met,” said Sam Burkhan, CEO and co-founder of ITF Group.
Federal regulators are cracking down on trucking-related exemption requests that fail to provide safety justifications.
Jagger Canada Inc. is being fined $37,500 by the province of Ontario for failing to comply and clean up a fuel spill in 2019.
Werner has filed an appeal to Texas’ highest court of a verdict that now has a more than $100 million price tag.
Ignition switch corrosion leading to stalling and failure to start prompts a recall by Japanese truck maker Isuzu.
Shippers are exploring new technologies to mitigate rising costs and hit sustainability goals, but to maximize results they need to have a rock-solid foundation of data and a streamlined dimensioning process.
The counting of Teamsters’ ballots to determine whether the union’s tentative contract with UPS will be ratified is expected to be completed by midafternoon Tuesday.
Carey Mendes, a former oil executive leading’s Nikola’s pursuit of a hydrogen distribution network, has resigned.
This week in Borderlands: US-Mexico cross-border trade may hit $1 trillion by 2028; Railway expands freight capacity with new bridge in North Texas; Toms taps Texas logistics software provider as U.S. fulfillment partner; and CBP discovers 1st-in-nation pest in Southern California.
A court filing shows that Old Dominion swooped in at the last minute, entering a base bid of $1.5 billion for now-defunct Yellow’s terminals.
U.S. Postal Service contractor Matheson Flight Extenders (MFE), which operates 44 mail sorting and terminal handling services across the country, filed paperwork this week stating that it plans to cut more than 660 jobs at two of its facilities in Atlanta and in Brandywine, Maryland, by Oct. 15.
The Minneapolis City Council approved an ordinance this week sharply increasing compensation for Uber and Lyft drivers, but the mayor’s signature is needed for it to become law.
Traveling all 41 miles of the SH 130 toll road will cost drivers about $32. The value proposition lies primarily in saved time and predictability, a commodity that invariably aligns with money in the transportation world.
U.S. officials have called for a dispute panel over Mexico’s plan to stop importing genetically modified corn from farmers in the United States.
For freight agents attempting to navigate today’s volatile market, partnering with the right company can mean the difference between success and failure.
Proterra customers are sanguine about the electric bus and battery maker’s bankruptcy reorganization. They expect deliveries to continue.
Since the closure of the third-largest LTL carrier, Averitt Express has seen an influx of 2,000 daily shipments — and hasn’t missed a beat.
Two former Yellow Logistics employees have opened a new brokerage office at Radiant Logistics.
This month’s State of Freight webinar focused on robust volumes in July and rejection rates that aren’t budging.
With capacity far in excess of demand, the parcel market is in for a very uncertain future.
Yellow Corp. told a judge Thursday that it has selected bankruptcy financing lenders and that Estes Express Lines has entered a $1.3 billion stalking horse bid for its terminals.
Veteran business leader Steve Girsky acknowledges challenges but points to Q4 as the culmination of fuel cell truck startup Nikola’s efforts.
Walmart posted revenue gains of 5.7% in its fiscal 2024 second quarter, paced by a 6.4% gain in U.S. same-store sales.
OnLine Transport Inc. acquires 90-truck carrier A/T Transportation in Indiana.
The $9 million felony fraud case against Frances Hall, who was convicted of killing her trucking magnate husband in 2016, continues to move through the courts.
Regulators are leveraging their power to once again weigh in on state laws affecting truck drivers.