Trucking could — maybe — become less volatile
Some large retailers say they’d rather pay trucking companies more during this freight recession and avoid a trucking bloodbath.
Some large retailers say they’d rather pay trucking companies more during this freight recession and avoid a trucking bloodbath.
CPG companies are trying to lock in low freight rates in a cyclical trough.
Radiant Logistics said it will continue to use free cash flow and potentially debt to fund share repurchases and acquisitions.
Truckers, brokers and fuel retailers told Congress where they believe regulators are overstepping their authority — and where they need to step in.
Heavy gunfire has been reported near the Pharr-Reynosa International Bridge, a key border crossing linking Texas and Mexico.
The U.S. Postal Service is merging three ground-delivery products to emphasize surface transportation.
As electric trucks get most of the attention, Peterbilt’s devoted fans celebrated a new version of an historic oil-burner.
TravelCenters of America shareholders voted overwhelmingly in favor of the proposed sale to BP.
In the fast-paced world of freight transportation, a carrier’s success is determined by its ability to deliver goods damage-free and on-time. But it all starts and ends with the people behind the scenes who make it all happen.
Martin Weissburg is retiring as president of Mack Trucks after five years. He is being succeeded by Stephen Roy.
EY Americas’ Sumit Dutta says there’s a realization among companies that a broken or inefficient supply chain is going to crimp growth.
Truck driver compensation is highly variable due to multiple factors.
Daseke pulled in its full-year 2023 outlook on Tuesday as the freight market has failed to yield normal springtime demand improvements.
Teamsters General President Sean M. O’Brien urges UPS to abolish the 22.4 and the personal vehicle driver classifications.
E-commerce funding platform 8fig has raised $140 million to help online sellers expand their profitability and market reach.
Supply chain employees are “checked out, challenged and choosing to ‘quiet quit,’” according to Gartner’s Caroline Chumakov.
Nikola will get $35 million in cash and 20.6 million of its shares from ending a joint venture with Europe’s Iveco Group, but ties remain.
Texas officials have reduced state-run inspections of tractor-trailers arriving from Mexico at two border crossings.
A report to Congress shows that truck safety may have gotten worse since regulators loosened hours-of-service rules in 2020.
The Biden administration will drop its COVID-19 vaccine mandate at U.S. borders on Friday.
Trailers are constantly on the move in distribution yards for unloading, cleaning, loading, staging and storage. Sometimes, they get lost.
This week in Borderlands: AI’s rising impact on cross-border trade focus of new report; Mexican authorities recorded 142 tractor-trailer thefts in April; Texas logistics firm opens Phoenix location; and South Texas college launching CDL program.
Comprehensive survey says parcel shippers think status quo isn’t good enough.
The Advanced Clean Transportation Expo has grown so large that organizers kept a waiting list for exhibitors.
Truck transportation jobs rose in April, defying the worst forecasts from the freight recession.
“Some companies, not all, are willing to roll the dice on things like safety and maintenance to try to save money. But, when it comes to safety, neglecting small things can turn into big things,” Reliance Partners’ Brian Runnels said.
Alaskan trucking companies are betting that six-figure salaries could lure truck drivers to haul freight in the frigid Arctic.
Former Slync CEO Chris Kirchner has been indicted on federal charges that he defrauded investors out of at least $25 million from the FreightTech startup he helped launch.
Skimpy orders of Class 8 trucks in April mean little because OEMs have lots of backlogged orders to build and bill.
Less-than-truckload carrier XPO reported better-than-expected first-quarter results and said it remains on track to achieve long-term profitability targets.
Wait times of eight hours are being blamed on state-run inspections of commercial trucks arriving from Mexico in South Texas.
Privately held logistics provider Flexport is acquiring the logistics assets of Shopify to provide complete order management and final-mile delivery services for customers.
Werner Enterprises reported first quarter revenue of $832.7 million, up 9% year over year compared to the same period last year.
Less-than-truckload carrier Yellow Corp. recorded a net loss during the first quarter as it attempts to overhaul its network.
Oklahoma Congressman Josh Brecheen calls FMCSA’s speed limiter proposal an “overreach” and introduces legislation aimed at heading it off.
Quarterly earnings at stand-alone brokerage RXO were healthy compared to the performance of most companies in the freight sector.
Only UPS and Teamster rivals benefit when the bargaining leaves the table and becomes a verbal war, Jindel says.
Tech solutions firm Trimble reported $154.9 million in first-quarter transportation revenue amid a softening freight market.
Once dismissed as a far-off technology, hydrogen fuel cells and infrastructure are getting buzz at the Advanced Clean Transportation Expo.
Truck manufacturers told EPA that a zero-emission mandate without charging infrastructure to support it would fundamentally change trucking.
The Freightliner Class 6 battery-electric eM2 will go into production this fall with plans for a range of vocational models to follow.
Supply chain software provider e2open gave a bleak outlook in its earnings. Its stock took a pounding in response.
U.S. truck engine maker Cummins on Tuesday reported first-quarter revenue of $8.5 billion, boosted by strong global demand for its products.
Forward Air noted some optimism in its lowered outlook on Tuesday, saying recent customer conversations have been promising.
The Logistics Managers’ Index hit a new low in April as transportation metrics weighed on the data set.
Uber Freight suffered along with the general freight market downturn and saw its first-quarter EBITDA sink yet again.
Electric truck maker Nikola will get 50 Hyla-branded hydrogen fueling stations in a five-year deal with infrastructure developer Voltera.
Kodiak Robotics bought a Peterbilt Model 579EV to marry its autonomous system with electric propulsion. It is using the truck in testing.
Company also announces another round of driver furloughs.
Trucking industry representatives and others have been tasked with evaluating unfair leasing practices by carriers against owner-operators.
TFI International bolsters its North American LTL presence with two tuck-in acquisitions.
Arizona, Texas and other states aim to reconfigure the global supply chain for makers of electric vehicles, batteries and semiconductors.
At least six people are dead and dozens more injured after a dust storm caused several pileups on Interstate 55 in Illinois on Monday.
DAT’s breach-of-contract claim against Convoy will also proceed.
Ryder’s brokerage segment has rolled out a new loyalty program that gives its most active carriers reductions on the price of used vehicles.
Carriers and drivers will not be able to take advantage of a new drug testing rule due to a lack of certified testing facilities.
Canadian trucking and logistics provider Mullen Group announced the acquisition of less-than-truckload and truckload carrier B. & R. Eckel’s Transport.
The epicenter for electric trucks in Southern California is so far a small part of the massive Velocity Truck Centers.
This week Borderlands: Nearshoring draws more U.S. logistics investment to Mexico; Volkswagen issues temporary work stoppage at plant in Mexico; commercial auto supplier TitanX expands Mexican factory; and a truck driver in Texas dies in a collision with a freight train.
Truckload carrier Heartland Express missed first-quarter expectations.
California’s environmental regulators have adopted the Advanced Clean Fleet rule designed to transition away from diesel vehicles in the state.
Saia’s revenue trends in April are much better than its less-than-truckload peers.
The recent explosion of freight technologies has benefited companies of all shapes and sizes, but these solutions have had an outsized effect on small and mid-sized operations.
Generative AI is capable of overhauling the day-to-day realities of the supply chain industry by automating human-intensive processes and creating a pathway for fast-paced innovation.
Universal Logistics Holdings saw revenue declines in its trucking, brokerage and intermodal segments in the first quarter.
ArcBest on Friday stood by its strategy to take on lower-margin business.
Triumph Financial felt the soft freight market like everybody else, but its network of the future did show signs of improvement.
Electric infrastructure and fuel cells are two areas where old ideas form the basis of new approaches.
Thousands of small truckers are shutting down, while megafleets are reporting losses in the millions.
Reward and incentive programs are often thought of as financial expenditures. When executed well, however, these programs can garner serious savings thanks to improved driver behavior, allowing carriers to free up cash without making sacrifices.
In just a few weeks, law enforcement personnel across North America will be posted at roads, weigh stations and designated inspection areas to conduct thousands of inspections during CVSA’s 2023 International Roadcheck.
Just before California regulators vote on a Clean Fleets rule, Daimler Truck has launched the U.S.-focused Rizon brand of Class 4-5 EVs.
Trimac Transportation said Thursday it has completed the acquisition of AIP Logistics.
Amazon also issues higher second-quarter guidance.
Covenant’s biggest announcement in disclosing its first-quarter earnings is that it bought a large hauler of poultry-related freight.
Quarter after quarter, Paccar Inc. points to parts sales as driving its revenue and profits. Rush Enterprises deserves some of the credit.
Schneider National beat first-quarter expectations Thursday but lowered its full-year outlook as excess capacity lingers.
Federal regulators have told Congress that assessing the safety impacts of ELDs has become a challenge.
Carriers will now be able to handle their fuel expenses on Uber Freight’s app with no annual fees, according to the freight marketplace.
U.S. Xpress, about to be sold to Knight-Swift, has settled 4-year old litigation regarding its initial public offering.
Freight broker Landstar System sees a big earnings falloff from the all-time high established a year ago.
The Biden administration has opened the first round of a $400 million, five-year grant program to clear truck pollution at seaports.
Tracking trailer inventory was always part of Outrider’s autonomous distribution yard plan. Now, it is happening.
Trailer maker Wabash reaped the benefits of its reorganization and long-term customer deals in the first quarter.
C.H. Robinson had a weak first quarter, as expected, and a new CEO should be in place by the end of the quarter, according to management.
Like Volvo Group and Paccar Inc., which have already reported, Daimler Truck forecasts a stronger-than-expected first-quarter earnings report.
TFI International reported first-quarter revenue declines in all four main operating segments.
Old Dominion said Wednesday that volumes have stagnated and some of its customers are pushing back on pricing.
FreightWaves CEO Craig Fuller spoke to Truckstop CEO Kendra Tucker during FreightWaves’ Small Fleet & Owner-Operator Summit about managing volatility in the trucking market and curbing double brokering and fraud on load boards.
“Trucking as a business is not about what you make, it’s about what you don’t spend,” industry expert Adam Wingfield said at FreightWaves’ Small Fleet & Owner-Operator Summit.
Uber Freight’s head of product shares simple ways to improve decision-making and reduce costs while improving customers’ shipping experiences.
Ryder’s earnings show that even though the company is focused on growing other parts of the business, leasing is still where it makes most of its money.
While every sector has seen its fair share of upgrades, challenging and shifting priorities, the ocean environment has proven especially rife for change.
Small-fleet summit keynoter Lewie Pugh from OOIDA reveals the secrets of success to thriving as an owner-operator in a down market.
Yellow Corp. has approved the Teamsters’ selection to the company’s board of directors.
In the latest bid to block the AB5 independent contractor law from implementation in California’s trucking sector, two key groups are quoting the author of the law.
A weak U.S. consumer and a continued Asian downturn weigh on UPS. The macro environment is expected to remain challenged, CEO Carol Tomé says.
Canadian Pacific Kansas City railroad announced a deal with Knight-Swift Transportation to provide intermodal capacity for a Mexico-to-Chicago train.
Paccar Inc. crushed Q1 revenue and profit estimates, a quarter dampened by a $446 million hit related to European price-fixing settlements.