Titanium to expand US freight brokerage business after record Q2
Titanium Transportation Group plans to add two more U.S. freight brokerage offices this year after the Canadian firm reported record second-quarter revenue.
Titanium Transportation Group plans to add two more U.S. freight brokerage offices this year after the Canadian firm reported record second-quarter revenue.
Tridonex factory agrees to pay more than $600,000 in back wages to laid-off workers.
The chain that brings us Hardee’s and Carl’s Jr. faced several challenges
abash National is expanding molded structural composite use beyond trailer walls and helping win sustainability points for customers.
Perishable Shipping Solutions CEO Mark Nelson said online demand for specialty perishables never leveled off from the start of the pandemic, and the growth has barely scratched the surface.
FreightWaves’ journalist Matt Blois chats with World Courier’s Alex Guite about how the COVID-19 pandemic has impacted the cold chain and how pharma and logistics companies adapted to distribute vaccines.
Other plans called for a more radical rebuild but ran into opposition.
“Over more than two years of working with Parcel Perform, their solution has become our global track-and-trace solution,” said Davide Costella, global delivery services manager at Nespresso.
Order books are open, but demand planning for 2022 and 2023 began months ago and bookings are filling fast.
If certiorari is denied, the injunction blocking AB5 from being implemented in the state will disappear immediately.
The organization will provide an update on its search at its annual meeting in Las Vegas next month.
The U.S. Senate votes to advance a major infrastructure package that includes new regulations for trucks.
August is likely to see a new monthly record for retail container imports, with 2021 doing the same. However, ongoing supply chain dislocation clouds how quickly consumers will be able to get their hands on the goods.
As freight markets enter the second year of peaklike conditions, FreightWaves caught up with Amit Mehrotra, Deutsche Bank’s transportation analyst, to talk about how this freight cycle will play out.
Growing concerns about oil demand declining as a result of the Delta variant are pushing prices lower.
The decision is also seen as potentially being a legal precedent on the issue of non-compete contracts.
The need for truck capacity remains at historic highs, and more fleets have responded by increasing driver pay for the second time this year.
Workhouse Group is reviewing its electric delivery van designs to add cargo capacity and sold most of its stake in troubled Lordstown Motors.
Manufacturing is increasing in Mexico as nearshoring has caught the attention of many U.S. companies.
Nikola founder makes biggest divestiture to date, selling 7 million shares over three days and transferring 600,000 shares to his spouse.
A strong consolidation program extends the reach of logistics savings beyond just trailer loads and multi-stop loads by converting LTL suppliers to customer pickup.
The always-contentious UPS-Teamsters negotiations could hit new levels of enmity should Sean O’Brien be elected Teamsters president.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Canada again beats Mexico to remain the top U.S. trade partner; Merqueo raises $50 million to expand across Latin America; Aries Worldwide Logistics opens Laredo office; and CBP in Texas intercept a rare pest in a produce shipment.
AskWaves recounts the history of the eight-lane, $128 million World Trade Bridge, and its importance to commercial truck traffic between Mexico and the United States.
With today’s growing delivery economy, one thing’s for certain: The job isn’t complete until the last mile is covered.
Not to be a Luddite, but a world of trucker-free trucks is going to mean some minor trade-offs, including fleeting bouts of creepiness.
Canada Border Service Agency employees have ended a day-long work-to-rule strike after reaching a tentative agreement with the Canadian government.
Precipitous fall in company stock is a backdrop to change at the top of struggling battery maker Romeo Power.
A third-quarter outlook from truckload carrier U.S. Xpress sees volume and rate strength lasting throughout 2021. However, driver and supply chain labor challenges present risks.
FMCSA is asking the medical industry to help ensure the agency has a proper handle on truck driver qualification.
“It’s a true domestic and international cargo insurance product that brokers and carriers are now utilizing to win the highest-margin freight and strengthen ties with their current client base,” Mark Vickers said on shipper’s interest insurance.
The PPI for the truck transportation sector, after a huge jump April to May, slowed between the next two months.
Postmaster General DeJoy underscored improved performance at the Postal Service despite a $3 billion quarterly loss.
Trucking, logistics and airfreight companies are collectively owed hundreds of thousands of dollars after a Texas freight forwarder filed Chapter 11 bankruptcy earlier this week.
The midsize truckload carrier needs to boost hiring by more than 10% but won’t compromise standards to do it.
Each year the TCA Scholarship Fund awards up to $6,250 to students with a connection to the trucking industry to offset some of the costs to attend college.
Also on the podcast: The investment drought in oil setting the table for higher prices
The past week in social media images features a mudslide-damaged highway, a truck rollover during a flood, destructive wildfires and more.
Growth was also seen further in the logistics supply chain, with warehouse and courier jobs also rising.
Hybrid powertrain maker Hyliion is increasing electric range to get zero-emission credits for customers of its natural gas-electric Class 8 truck.
The earnings report is for a 3-month period with no impact from the big Transplace acquisition announced in July.
The key to strong relationships can be augmented by finding companies that are willing to share in the inherent risks that come with moving inbound and outbound freight. Relationships and good risk management strategy do not exist to absolve one party of responsibility, shifting blame onto the other.
In its Q2 earnings announcement Wednesday, GM said it would leverage its BrightDrop business to help it launch a full-size electric cargo van and medium-duty truck.
Yellow says it is making progress toward its unified transport network strategy.
Trimble’s Q2 revenue totaled $945 million, up 29% year-over-year.
The Department of Energy’s Earthshots Initiative is allocating $52.5 million for clean hydrogen R&D.
Fleetcor is “finally moving past [its] pre-pandemic baseline,” Chairman and CEO Ron Clarke said during the earnings call.
Houston-based Patriot Transit is a flatbed carrier serving customers on the Gulf Coast and in the southwestern U.S.
The total number of stops was down this year from 2020. Other violations besides HOS were fairly steady as a percentage of all citations
The last time demand was this high for new Class 8 trucks, fleets placed record orders. Not this time because manufacturing capacity is limited.
A trucker could face prosecution after U.S. border officers say they found nearly 70 pounds of cocaine in a trailer full of watermelons and peppers she was hauling to Canada.
Carriers have held back on physical plant investments. Now with volumes and profits escalating, CapEx levers may start to be pulled.
XPO Logistics said it will be closing a distribution center in San Antonio.
Cummins beat analysts’ Q2 estimates on the top and bottom lines as it looks into making its filtration business a stand-alone entity.
The latest guilty plea brings the total to 26, with four of them in just the past seven weeks.
The Texas-based flatbed and specialized carrier raises 2021 full-year guidance for revenue of up to $1.6 billion.
Confident that the indictment of founder Trevor Milton won’t lead to legal trouble, Nikola focuses on supply challenges.
The long time board member had been interim chief since early this year
14% of carriers polled said they don’t understand what a 3G sunset means for their fleets.
The increase in the benchmark comes even as commodity markets experience another Monday dip.
Diesel sales were up 21.2% from last year, but were less profitable on a per-gallon basis
A 3-judge panel was ready to rule on the carrier’s appeal, but a larger group of judges will now render an opinion.
A federal jury found former Roadrunner Transportation Systems CFO Peter R. Armbruster guilty on four counts of violating federal securities laws in a $245 million securities and accounting fraud scheme. It acquitted two former controllers of Roadrunner’s truckload division.
Market leader Daimler Truck expects to be its own entity by the end of the year after Daimler AG votes to create two companies.
The company’s earnings per share tripled the prior-year results due to strong demand, favorable comparisons with 2020’s second quarter.
Trucking fleets that still use pen and paper to meet their recordkeeping requirements are adding unnecessary costs and complexity, and upping the chance of a recordkeeping violation during an FMCSA audit.
“The fix wasn’t sitting on a shelf,” Tennessee Department of Transportation Commissioner Clay Bright said about the Hernando de Soto Bridge repairs that started in mid-May.
Canada is reopening its borders to vaccinated Americans. AskWaves explains why this will help fuel demand for freight in the hospitality sector.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: More investment, manufacturing jobs for Mexico; new 3,000-acre logistics hub for Texas; TUM Logistics acquires 110 Kenworth tractors; and CBP seizes 6 kilos of DMT en route to Arkansas.
Lawmakers controlling the purse strings in Congress urge FMCSA and NHTSA to take action on their safety directives in 2022.
Can Brad Jacobs lift the conglomerate’s discount off of XPO’s back and still maintain its non-LTL businesses?
Governors have the ability to waive federal law for 30 days and four recently have taken action and cited the lack of truck drivers.
It is impossible to predict exactly when an incident will occur on the road. It is possible, however, to have a predictable system for processing safety issues and handling corrective training, driving down the odds of the same types of issues continuing unchecked.
The Federal Motor Carrier Safety Administration has declared a North Carolina man an imminent hazard after commercial vehicle inspectors stopped him three times in three states in February and March and placed him out of service. FMCSA said he didn’t possess a valid CDL and containers of alcohol were found in his truck cab.
Several trucking and logistics companies are collectively owed hundreds of thousands of dollars after Consolidated Glass Holdings Inc. and its subsidiaries — J.E. Berkowitz, Shaw Glass Holdings and Columbia Commercial Building Products — shuttered operations and filed Chapter 7 bankruptcy in mid-July.
USA Truck reported second-quarter net income of $4.2 million, after reporting a loss of $900,000 in the same period a year ago.
TCA firmly believes the trend of California-specific legislation becoming the national standard must end.
Truck Talk is a weekly newsletter offering perspective and context on the trucking industry.
Also on this week’s podcast: A shoutout to fuel surcharges.
The past week in images features train cars used to fight fires, a wreck caused by a dust storm, a trucker who flipped in floodwaters and more.
Shipping and fulfillment costs continue to escalate at double-digit levels.
The Omaha, Nebraska-based transportation and logistics provider reported second-quarter adjusted earnings of 86 cents per share.
Forward Air posts a quarterly record for operating income and revenue in the second quarter.
‘Today’s government actions are against Mr. Milton individually, and not against the company,’ Nikola said in a statement.
The trucking industry’s issues with driver availability along with customers’ commitment to sustainability are factors that could support growth for intermodal beyond 2021 and 2022, executives said during Hub Group’s earnings call on Thursday.
From a COVID outbreak to supply shortages, Workhouse Group has repeatedly missed production targets.
FreightWaves meteorologist Nick Austin and Reliance Partners’ Brian Runnels urge the industry to hunker down in August and September — hurricane season’s peak months.
Wall Street investors liked what they saw in the company’s earnings, pushing the stock up by more than 8%.
“Our logistics segment has been thriving and growing, including contract logistics and port services, with the largest contributor being brokerage,” says Schneider CEO.
As Wabash National streamlines its business, the trailer manufacturer will convert reefer capacity to add 10,000 dry vans in 2023.
The numbers that the company is getting on its used tractor and truck sales is outpacing the assumptions in last year’s big inventory writedown
One aspect of the decision that may stick is a clear ruling that owner-operators on a lease are independent contractors, not employees.
The company posts solid numbers for its transport and logistics units as the logistics business prepares for trading on Monday as a spun-off entity.
Management has raised full-year revenue guidance to $3.45 billion-$3.55 billion.
Truckload carriers’ “spillover” freight ties up LTL capacity during unprecedented times, Old Dominion executives said.
XGS hopes the merger of the two companies will strengthen its overall operational footprint.
The recent chip shortage crisis isn’t helping matters.
Based on a FreightWaves survey, these are the mobile weather apps that truckers like the best while on the job.
The key profitability metric comes in 550 basis points below the company’s 2020 results.
Nearly 80% of the nation’s freight moves through Chattanooga, due to the convergence of three major internates: I-75, I-24 and I-59.