State of Freight for August: Freight benchmarks show positive signs
FreightWaves’ State of Freight webinar suggests U.S. consumers could help boost the freight marketplace during the holidays.
FreightWaves’ State of Freight webinar suggests U.S. consumers could help boost the freight marketplace during the holidays.
Nikola Corp. announced that it has hired ousted Forward Air CEO Tom Schmitt to lead its commercial efforts.
Newly-formed Jack Cooper LTL is rumored to be in talks to purchase less-than-truckload carrier Standard Forwarding.
A New York-based venture capital firm and European transport specialist are vying to acquire Schenker, the logistics unit of German national railway Deutsche Bahn, which could shake up the market for logistics services in the U.S.
FMCSA has been told to strengthen ELD requirements after a fatigued truck driver was found to be the probable cause of a 2022 crash that killed three people.
Experts explore the strength and challenges of growing trade between the U.S., Mexico and Canada during a panel discussion Wednesday in San Antonio, Texas.
Despite peak season stress, supply chain bottlenecks failed to materialize during the recovery from the brief lockout of union employees by CN and CPKC.
Higher freight costs linked to the Baltimore bridge collapse are causing customers to flee to competitors, an energy company owner tells FreightWaves.
Minnesota’s federally mandated State Freight Plan identifies key areas for investment in the statewide transportation system to ensure goods movement that is safe, efficient and sustainable.
Canada is launching a 100% tariff on imports of electric vehicles made in China, citing unfair competition that it says threatens the global EV market.
AFS Logistics tapped Andy Dyer as its next CEO but made no mention of the departure of its former leader.
Mexico registered a record $31 billion in foreign direct investment in the first half of the year.
Community colleges around the country will use grants from the U.S. Department of Transportation to expand and improve their CDL programs.
As nearshoring increases the volume of products carried across the U.S. border, seizures of illegal narcotics from freight are also on the rise.
New electric truck charging stations will help support California’s controversial zero-emission truck fleet programs.
In today’s volatile economy, it is vital to choose a factoring partner that can offer the financial support and expertise needed to navigate the complexities of Chapter 11 bankruptcy.
BMO’s transportation group, a big lender to trucking, showed even more third-quarter credit deterioration in the sector.
Covenant Logistics driver Don Lord is being celebrated after driving 3 million accident-free miles for the company.
A second Trump administration could mean drastic course changes for DOT truck policy if the administration embraces recommendations made in The Heritage Foundation’s Project 2025.
This week in Borderlands: Truck cargo theft up as thieves grow more violent, savvy; Chinese manufacturer to build $100M factory near Houston, create 100 jobs; 236,000-square-foot transload facility planned for Laredo, Texas; and Continental begins construction of $90M plant in Mexico.
A regional decision by the National Labor Relations Board undermines Amazon’s delivery service partner model and will force greater recognition of unionized workers by the retail giant across the country, according to the Teamsters union.
The Port of Los Angeles has named Erica M. Calhoun deputy executive director overseeing the city of Los Angeles Harbor Department’s Administrative Bureau.
Yellow Corp., which is close to submitting a final Chapter 11 plan, can retain real estate broker CBRE to sell its remaining terminals, a Delaware bankruptcy court said Friday.
As electrification and infrastructure startups mature, banks get interested in lending money to help the best of them grow.
The Supply Chain Council has extended its executive team and plans to be a national rather than “California-first” organization.
The California Trucking Association is ending its long-fought legal battle against the state’s AB5 independent contractor law.
Less-than-truckload carrier Estes said Thursday it has closed on seven additional terminals that were being leased by bankrupt Yellow Corp.
Trucking industry and logistics leaders said the lockout by Canada’s two largest railroads Thursday could create capacity crunches and rate spikes across the freight industry.
A recent survey by the National Private Truck Council highlighted the growth of private fleets in size, volume and freight value.
Pilot Travel Centers is partnering with Tennessee Athletics to preserve and renovate the iconic Neyland Stadium at the University of Tennessee, Knoxville.
Radiant Logistics announced it won a five-year contract to be a prime contractor for the U.S. Agency for International Development.
China-based companies continue to ship more goods to the U.S. through countries like Thailand and Mexico to circumvent steep tariffs, say U.S. manufacturers and lawmakers.
While contract talks between Canadian National, Canadian Pacific Kansas City and union employees continue, a rail shutdown would reverberate through the supply chain connecting Canada and the U.S.
Landfill operator Waste Management Holdings told federal regulators that certain truck driver requirements hinder its ability to respond to emergencies.
A Dallas family of seven has filed a federal lawsuit against a North Carolina trucking company and its driver after they were seriously injured in a crash involving an 18-wheeler last November.
The American Transportation Research Institute has launched a survey to study cargo theft in the trucking industry, which is estimated to be a $15 billion to $35 billion problem annually.
The annual BLS benchmark adjustment used to determine employment levels moved up for transportation, unlike most of the economy.
RyderVentures invested in AI system developer Terminal Industries last year; now the companies say they’re getting highly accurate check-in and monitoring with Terminal technology at one of Ryder’s warehouse yards in California.
Kenan Advantage Group has acquired Louisiana-based tanker trucking company TransVac for an undisclosed sum.
Though most logistics companies are operating with reduced revenue and earnings, deals in the sector have not ground to a halt. One recent deal was significant enough that the Tenney […]
Activist investor Ancora has called on Forward Air’s board to consider a sale of the company and to begin engaging with potential buyers.
Meet former U.S. servicemen and women in the trucking industry who are now helping fellow vets with life challenges.
Four people, including two children, are dead after a crash in Minnesota involving a semitruck in a construction zone.
Activist investor Clearlake Capital holds a 13.8% equity position in Forward Air and signaled it may look to make changes at the company.
This week in Borderlands: $44 million expansion begins at Pharr international bridge; China-based tire maker to build $500 million factory in northern Mexico; RK Logistics acquires warehouse in Arizona to support clients; and new distribution and logistics center planned for Austin, Texas.
A federal court decision on an Illinois employment law could pose a legal threat to carriers well beyond the state’s borders.
The Federal Motor Carrier Safety Administration on Thursday removed two ELDs from its registered list.
With fuel cell trucks on the road, Nikola is changing the game, but will it be enough to survive?
XPO is reportedly again in talks to divest its European transportation business as it seeks to focus solely on its North American less-than-truckload operations.
BRW has been created through an acquisition as a combined brokerage and truckload and LTL carrier.
U.S. Customs and Border Protection has begun requiring trucks using ports of entry in South Texas to display the QR code of their cargo manifests on windshields.
The Teamsters National Black Caucus endorsed presumptive Democratic nominee Kamala Harris for president on Tuesday as the International Brotherhood of Teamsters continues to weigh its endorsement options.
Crete Carrier highlighted positive trends in holiday and retail demand as customers stage shipments for Halloween and Christmas.
Dick’s Sporting Goods plans to build an 800,000-square-foot distribution hub in Texas to support the company’s growth in the region.
Refrigerated carrier A&A Express announced plans to lay off 111 employees, including 85 truck drivers, and wind down operations by Friday at its Brandon, South Dakota, facility.
Data from Cass Information Systems showed year-over-year declines in volumes and costs slowed in July.
ATA and OOIDA are at odds in a very public way over the Biden administration independent contractor rule.
The decision to liquidate trucking giant Pride Group could have ripple effects across the trucking industry, an industry observer says.
Inc. 5000’s list of fastest-growing private companies includes 166 transportation and logistics companies.
With brand new drivers, carriers have the advantage of training them from the ground up.
ELD, hours-of-service, sexual harassment guidance could be up for review at the FMCSA based on public feedback.
The Blue Ridge Connector will improve intermodal services to the northeast Georgia logistics center.
Less-than-truckload carrier Saia is adding six locations acquired from Yellow Corp. in Montana, South Dakota and Wyoming in August.
QXO, the latest venture by Brad Jacobs, has a strong opportunity in building products distribution, according to an Oppenheimer & Co. report.
Mexico accounted for a record $415 billion in U.S. trade through the first six months of 2024.
Trimble’s Transporeon report identifies key developments impacting the future of truckload transportation in North America, including concerns about freight fraud.
After decades of a steadfast peak season with a predictable time frame, the past few years have seen anything but. DHL Global Forwarding’s CEO offers his insights on this year’s peak season and whether it has already passed.
This week in Borderlands: Laredo summit highlights critical trade issues around security, transportation; BSH Home Appliances launches $240M factory in Monterrey; $132M inland port planned for Celaya, Mexico; and Green Worldwide Shipping opens branch in South Texas.
As carriers continue to be hit with nuclear verdicts, it is more important than ever for industry leaders to invest in safety.
Proficient Auto Logistics, the auto hauler that went public in May, has made its first acquisition since its IPO.
A name change to drop the word diesel from its title may have been the politically correct move. But diesel is not going anywhere.
Creditors to Yellow’s estate say professional fees are racking up while its advisers delay a realistic Chapter 11 plan in hopes of producing an unlikely recovery for shareholders.
Rigorous driver hiring standards are proving to be more than just a safety measure — they’re a strategic tool for managing insurance costs.
OOIDA, in its appeal in California’s AB5 independent contractor law case, raised the law’s B2B exemption as an issue.
Fleet fuel card provider Corpay said its North American fleet business “presented a drag on growth” during the second quarter.
As extreme heat and numerous natural disasters continue to hit the U.S. this summer and beyond, trucking companies must prepare to avoid disruption.
Staying on top of routine vehicle maintenance is crucial for fleets aiming to improve their overall safety profile and reduce their financial risk exposure.
J.B. Hunt announced the completion of 50,000 autonomous long-haul trucking miles in a collaboration with autonomous trucking company Kodiak Robotics and Bridgestone Americas.
Republican lawmakers are leaning on the Department of Justice to provide an update on an investigation into more than 60 multiemployer pension plans that were overpaid from a government bailout package.
Forward Air said Wednesday it will continue to focus on integration and revenue opportunities following a messy merger with Omni Logistics.
GXO Logistics’ second-quarter revenue surged 19% year over year to $2.8 billion.
With so many players in the trucking industry having to close, one company was able to recover from the brink of bankruptcy.
U.S. Customs and Border Protection last week seized 3,400 pounds of methamphetamine on the Southern border and 266 pounds of cocaine on the Northern border – all on the same day.
RXO did not see significant improvement in its key financials, but it highlighted where things were better.
J.B. Hunt and autonomous truck maker Kodiak Robotics have executed more than 50,000 accident-free miles on a long-haul lane between Bridgestone facilities.
Less-than-truckload provider Roadrunner said Wednesday it will now serve locations in western Canada.
The CEO of truckload carrier NFI pleaded not guilty in a New Jersey political corruption case.
Bestpass-Fleetworthy Solutions, known primarily for its toll management services, is acquiring weigh station bypass company Drivewyze and signals that more acquisitions are ahead.
3PL RXO saw its revenue decline in the second quarter, but gross margin was higher.
Yellow’s non-pension-affiliated creditors as well as its shareholders may soon know the fate of their stake in the defunct less-than-truckload carrier’s estate.
EBITDA at Uber Freight remained negative in the second quarter, and revenue continued to fall.
Expeditors International saw an increase in its airfreight business in the second quarter and a downturn on the ocean.
The July Logistics Managers’ Index points to a freight market recovery, a Tuesday report showed.
A proposed shift in how tax revenue generated by freight movements is allocated among states has hit a dead end.
The old FedEx and UPS business models aren’t working in a parcel market undergoing radical transformation. The express carriers need to rethink their network strategies as B2C shipping takes precedence and consumers compromise on speed to get lower prices.
FMCSA has been called on to rein in spiraling towing rates that many claim lack proper oversight.
Freight-related companies in California, Georgia, Illinois, New York and Texas are laying off a total of 1,234 employees.
Arizona Gov. Katie Hobbs announced Energy Fuels Resources Inc. would voluntarily halt transporting uranium ore through Navajo Nation lands to Utah shortly after the tribe’s president issued an executive order banning the ore transport.
Two key reporting agencies saw a slowdown in truck orders last month.
One solution to improve roadside safety for commercial trucks is easily visible flashing lights mounted at the top of the cab.