Covenant follow: Strong third-quarter freight market will mean significant improvement in company’s OR
Covenant also announces it reached agreement with Triumph over sale of TFS factoring unit
Covenant also announces it reached agreement with Triumph over sale of TFS factoring unit
Mebane City Council nod just one step in the process, UPS said.
American steel producers have complained that imported steel rebar from Mexico and Turkey have unfairly undercut U.S. prices.
Plan to go to all renewable fuel sources part of a broader commitment to zero out emissions by that year
Truckload carrier also sees strong third quarter
California Gov. Gavin Newsom signed an executive order Wednesday that aims to end the sale of new gasoline- and diesel-powered passenger cars in the state by 2035. Many heavy-duty trucks […]
XPO’s Jacobs said facilities will be two of the most highly automated ever built.
Nikola Corp.’s hunt for a partner to build hydrogen fueling stations for its electric trucks stalled because of a short seller report attacking founder Trevor Milton on the startup’s technology claims, the Wall Street Journal reported.
Transflo and InMotion Global have reached a deal to offer the AscendTMS free for a limited time to Transflo customers.
The rules under the Fair Labor Standard Act would be the first set of federal guidelines to define when a worker is an employee rather than a contractor
Bias-ply tires persist within the nation’s container chassis fleet, but equipment providers vow that their days are numbered with the ongoing switch to radial tires.
Logistics companies are making lemonade from lemons during the coronavirus. New processes and workarounds keep freight moving, but often at extra cost.
In today’s edition of The Daily Dash, the increasing role SPACs are playing in helping companies go public is under the microscope following the controversy surrounding Nikola Corp.’s public debut. Plus, can the shipper-broker-trucker relationship be improved? And UPS tries again for an exemption from some driver-training regulations.
The autonomous trucking company partners with Volkswagen’s TRATON Group on a Swedish autonomous truck program.
Tesla’s new 4680 battery is the automaker’s big breakthrough in the company’s quest to create a more affordable electric car, officials said.
Nikola’s chief financial officer tried to clear a cloud of confusion over the startup electric truck maker, dissecting who does what on the Nikola Tre that goes into production in Europe in 2021.
Convoy CEO Dan Lewis’ presentation on Tuesday was titled “Your Problems are Our Obsession: Things I Learned by Sneaking into Warehouses and Camping Outside Truck Stops.”
Ratings agency mum on whether it liked what it saw at troubled LTL carrier
South Korea’s Hyundai will test heavy-duty fuel cell trucks in the U.S. in 2021 as Nikola resets following its founder’s departure.
Company takes action to maintain service levels to existing customers.
Walmart’s new $42 million omnichannel distribution center in Ciudad Chihuahua will serve 58 stores in northern Mexico.
Cass data for the month of August shows significant acceleration in demand and rates but the comparisons to 2019 still lag other data sources.
Averitt Express identified as one of the targets for payouts awarded as a result of staged collisions with commercial vehicles
UPS asserts its training program for driver instructors meets federal safety requirements.
Lockers available in all 1,700 stores by March.
Whether shippers should put freight out to bid or move it on the spot market to get the best pricing is a difficult decision, but C.H. Robinson is attempting to make that process smoother with a new tool.
Transparency is at the foundation of all excellent relationships. When there are grievances within the supply chain, an open line of communication and a commitment to more transparent, intentional dealings is the key to our collective success.
In today’s edition of The Daily Dash, Nikola Corp.’s founder and executive chairman suddenly steps down. Plus, a key legal ruling in the ongoing battle over California’s AB5 legislation was handed down, and analysts are expecting another strong quarter from trucking.
The fallout at Nikola could place additional scrutiny on new public offerings and nontraditional special purpose acquisition companies.
Three class-action lawsuits have been filed against Nikola Corp. and its founder Trevor Milton, since short seller Hindenburg Research published its damaging report about the electric truck startup on Sept. 10.
VCs talk SPACs and clean tech investment in wake of Nikola scandal.
Werner’s Leathers said some customers struggling to get product in time for peak.
Shares of electric truck maker Nikola Corp. sag 20% on the announcement its founder and executive chairman was stepping down, following the fallout from a short seller report questioning the company’s technology claims.
To ensure social distancing, eight backup facilities at nearby hotels will be ready to go if the regular training sites get too full
Nikola founder Trevor Milton’s departure from the company “was not a termination,” the company said in a federal securities filing. And while Milton remains a billionaire on paper, he gives up a lot in leaving the startup electric truck maker.
Majority of comments received so far by FMCSA support changing the law.
At Citi conference, Chai says Uber will be having ‘aggressive’ discussions on unit’s future
Kenan Advantage Group expands its presence in eastern Canada after subsidiary Westcan acquires Beaulac Transport.
The provision of sizable infrastructure is an example of the government’s positive role in the market for transportation.
U.S. Customs and Border Protection officers recently seized $14 million worth of drugs in several border incidents.
Tom Williams has led companies through initial public offerings and acquisitions.
Nikola founder Trevor Milton is out as executive chairman of the electric truck startup, the latest fallout from a brutal report by a short seller accusing him of lying about the company’s technology.
Dismissal of a lawsuit is the latest decision that backs the supporters of the law governing employer-contractor job definitions
With many data points sitting at cycle highs, several industry participants are calling for the trucking market’s bull rally to last well into 2021.
Late Sunday night, FreightWaves broke the story of Trevor Milton voluntarily stepping down from the Nikola Motor (NASDAQ:NKLA) board. A few hours later, Nikola Motor made the resignation official in […]
Sources close to the embattled fuel cell truck manufacturer are reporting that founder Trevor Milton has resigned as executive chairman of Nikola Motor (NASDAQ: NKLA) and has departed the company […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican train blockade costing millions; Toyota and VW expand in Mexico; tire manufacturer opens Houston facility; Xxentria opens border operation; US, Mexico and Canada extend border closures.
Elion controls more than 3 million square feet of urban land.
Truckers and law enforcement united Saturday for the annual truck convoy for Special Olympics in Sioux Falls, South Dakota.
Electric trucks from PACCAR siblings can get California rebates when the fund is replenished; Daimler shows future battery and fuel cell trucks; and FMCSA grants Bosch a video mirror waiver.
In today’s edition of The Daily Dash, GlobalTranz shook up its leadership structure on Friday, Amazon is planning a new distribution strategy, and the U.S. Air Force could transport tractor-trailers on aircraft as part of any COVID-19 vaccine distribution plan.
Have tender rejections peaked?
FedEx Direct’s Standard and Premium services now serve 90% of US.
New driver panel will inform FMCSA’s MCSAC safety group.
Weekly government numbers misinterpreted by those unaware of the one-week aberration due to two events
Demand swings and supply chain disruptions have characterized 2020. Food shippers look to overcome these challenges and adapt to rising transportation costs in addition to e-commerce shopping changes to the market landscape.
A Colorado truck driver accused of stabbing a Black man in an unprovoked attack at a Pilot Travel Center in Oregon was charged with a hate crime Thursday.
Slower-going legacy companies try to figure out what exactly the path to the green transportation future is going to look like.
The relationships a logistics business builds up over the years can prove highly valuable when it comes time to sell.
Redwood Logistics employees recently held a #HeroChallenge to raise over $100,000 for several organizations helping those impacted by COVID-19.
The U.S. government is coordinating with the private sector how to quickly deliver a COVID-19 vaccine, but under one scenario officials are contemplating the military could deploy giant cargo planes to carry refrigerated trucks full of vaccines.
In today’s edition of The Daily Dash, several safety groups have sued FMCSA to stop upcoming changes to HOS rules. Plus, Convoy seeks to eliminate the request for proposal process, FreightWaves announces enhancements to SONAR and a Stanford dropout reimagines loading docks.
CBP’s Virtual Trade Week featured talks on the USMCA, forced labor, e-commerce, and how emerging technology is changing trade.
Texas trucking company FALC Enterprises filed for Chapter 11 bankruptcy in El Paso on Sept. 11.
About 450 to open by year-end, consultancy says.
The move was announced in a companywide town hall.
Jeremy Reymer is the founder and CEO of DriverReach, but he’s also a member of the research advisory committee for ATRI, the research arm of the American Trucking Associations. He’s […]
Professional drivers have always worked hard to get goods from point A to point B regardless of the circumstances.
API use continues to grow within businesses, and XPO is leveraging the potential to streamline XPO Connect and improve the overall customer experience.
The country is slowly emerging from its summer vacation, and this is particularly true for lawmakers and policymakers in Washington, DC. While COVID-19 remains front and center, there is still much work to be done before the November elections.
Reliance Partners’ Jordan Chastain explains that controlled growth is the key to successful fleet scalability.
Whether it’s in reaction to a pandemic or an environmental disaster or to better compete, past strategies may not deliver future success.
“China and tariffs: Why COVID has actually increased cargo yields” was the topic of a virtual fireside chat at the American Shipper Global Trade Tech Summit.
Ryder System’s chief technology officer tells American Shipper’s Global Trade Tech Summit that the time is right to explore future supply chain technologies.
Pulled along by improving orders for new Class 8 trucks, demand for late-model heavy-duty used trucks continues to swell.
Technology and an abundance of data have brought more venture capital investors to the supply chain industry.
Better safety systems and driver environment monitoring can help fleets reduce the number of truck-related accidents.
FreightWaves President George Abernathy talks with XPO Logistics CIO Mario Harik about using tech solutions to deliver a more efficient supply chain during Global Trade Tech
The Amazon Climate Pledge Fund is designed to accelerate the path to net-zero carbon emissions.
FreightWaves CEO and Director of Freight
In today’s edition of The Daily Dash, the West Coast wildfires are creating hazardous conditions for truck drivers. Plus, trailer orders are rising once again and volatile supply chains may become the new normal.
Convoy has rolled out a program aimed at helping shippers secure freight capacity along lanes without the need for an RFP or long-term contract.
Fires and heavy smoke have dominated life in Oregon and Washington this week. Here are photos from a transportation perspective.
Move comes after FMCSA denies petition for reconsideration
Longer truck wait times at Otay Mesa were reportedly caused by changes to customs requirements by Mexican officials.
At the American Shipper Global Trade Tech summit Wednesday, Cambridge Capital partners discussed what they look for in an investment.
The continuing rebound in trailer orders is in line with three-year high in spot freight rates as consumers buy more goods than services.
“Forager: Manically focused on cross-border with tech” was the topic of a virtual fireside chat at American Shipper’s Global Trade Tech summit.
It appears Lineage Logistics will be able to sustain its 60% annual cubic-foot growth rate. The company announces an equity raise landed it with $1.6 billion in new capital.
After testing its battery-powered LR Electric refuse truck in New York City and with Republic Services, Mack Trucks will take orders in Q4 for deliveries in 2021. Republic, however, committed in August to startup Nikola for 2,500 cabover Tre models beginning in 2022.
Relief from Washington was sought but so far none is on the way
Forward Air announces the addition of CLW Delivery to its last-mile network, continuing its acceleration of both inorganic and organic growth initiatives.
sennder is now unquestionably the leading digital freight brokerage in Europe.
Forty percent of Edge’s volume year-to-date has run through its digital matching platform CAPACITY.
The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, short seller Hindenburg Research continued to lob allegations of wrongdoing at Nikola […]
When some passenger planes get long in the tooth, they get a second life in cargo. The latest candidate for conversion in the Airbus A321. It offers more shipping space than a Boeing 737 and could be flying to an airport near you soon with your online order.
Drivers conducting relief efforts are exempt from certain HOS regs.
EPS numbers nearly double analysts’ median estimates.
A thick curtain of smoke hangs over Oregon, causing health and delivery problems for drivers.
Prologis’ research group views the potential conversion of underutilized brick-and-mortar retail space to logistics real estate as minimal.