Ryder’s Q1 reflects weak trucking market, but performance boosts stock
Investors cheered Ryder’s earnings, which weren’t immune to the weakness in the trucking market.
Investors cheered Ryder’s earnings, which weren’t immune to the weakness in the trucking market.
With the right kind of fuel, internal combustion engines can be used to meet climate policy goals in transportation without going to all-electric trucks, according to ATRI.
Forward Air has named Ceva’s Shawn Stewart as its new CEO.
Universal Transit is on a mission to revolutionize the auto transportation sector.
Commercial vehicle parking and storage provider Semi-Stow is now Outpost. It hopes to double its existing properties after an infusion of $12.5 million in Series A funding.
U.S. agricultural exports to Mexico are forecast to rise to a record $28.4 billion in fiscal year 2024.
The one attorney who has pleaded guilty in the Louisiana staged truck accident scam has seen his sentencing delayed again.
Being prepared on the road removes the panic when trucking accidents happen.
In the constantly changing world of last-mile delivery, it can no longer operate as a siloed operation from middle mile.
This week in Borderlands: Experts push infrastructure to boost cross-border trade; Korean EV supplier begins construction of plant in Mexico; Kirchhoff Automotive expanding operations in Mexico; and WSI named operator of CPKC transload terminal.
Arkansas authorities arrested a truck driver after a traffic stop allegedly revealed he was in possession of nearly 28,000 packs of untaxed cigarettes.
XPO driver Dale Williams speaks on his career and safety practices after being celebrated for driving 4 million accident-free miles.
FreightWavesTV gives a scheduling sneak peek at next week’s Small Fleet & Owner-Operator Summit.
International Roadcheck is a high-visibility, high-volume commercial motor vehicle inspection and regulatory compliance enforcement initiative that takes place in Canada, Mexico and the United States.
The companies that benefit most from employee feedback are those that use it to optimize their systems, rather than focusing only on driver retention or satisfaction scores, says Max Farrell of WorkHound.
Triumph Financial CEO Aaron Graft talked future opportunities as growth engine TriumphPay flipped to negative EBITDA in the first quarter.
EV Realty flips the electric truck charging script: It buys future charging sites with power already there.
The bleak first quarter of 2024 looks much like 2023 for freight brokerages.
Marten is the latest trucking company to report earnings that reflect the weak trucking market.
Pam Transportation Services joined other carriers Thursday, reporting a poor start to 2024.
The April State of Freight webinar tried to make sense of a trucking market that has now been in the doldrums for two years.
Regulators plan to submit to the White House the outline for a new truck-registration system that is expected to be more transparent and easier to use.
Mexico was the United States’ top trading partner in February, with two-way commerce totaling $67 billion.
Five auto haulers are combining to launch an initial public offering on the Nasdaq.
Prologis modestly reeled in 2024 expectations on Wednesday as it believes the recent demand weakness is tied to near-term uncertainties.
Assertions that trucker wages will suffer unless CDL test-taking rules are relaxed in Florida did not sway trucking regulators.
Logistics warehouse landlord Prologis modestly lowered expectations for 2024 on Wednesday.
The end to one of the worst freight markets in history may be closer than it appears.
Knight-Swift Transportation cuts its first-half forecast one day after a notable earnings miss from J.B. Hunt Transport Services.
Family-owned trucking company and brokerage California Intermodal Associates Inc. is ceasing operations after nearly 25 years and blames the state’s independent contractor law.
An annual report from Pitney Bowes found that in 2023, U.S. parcel revenue dropped for the first time in seven years despite increased parcel volume.
J.B. Hunt Transport Services’ first-quarter earnings miss sent shares 6% lower in after-hours trading on Tuesday.
J.B. Hunt Transport Services reported a miss on first-quarter expectations Tuesday after the market closed.
Mexico is expected to continue to win business – and grab headlines – as the well-documented and ongoing nearshoring trend continues.
Here are a few key takeaways from the Scopelitis Transportation Law seminar on the myriad of legal issues facing today’s trucking fleets.
Federal rules on personal conveyance are a big reason for continued hours-of-service violations, according to P. Sean Garney of Scopelitis Transportation Consulting.
A 97-year-old dairy that offers home milk delivery in glass bottles and has scores of ice cream and dairy stores in Illinois and Missouri has filed for bankruptcy protection.
Less-than-truckload carrier Estes plans to add nearly 1,000 doors in 2024 as it brings former Yellow sites online.
The California Trucking Association and OOIDA plan to appeal a recent decision upholding California’s independent contractor law, AB5, to the 9th U.S. Circuit Court of Appeals.
March provides little relief from the freight downturn, contrary to what carriers had hoped.
Students are on a path to obtaining their CDLs at scores of U.S. high schools that offer classes helping them get their permits.
A new law in Minneapolis that was to go into effect May 1 on Uber, Lyft compensation has been delayed.
This week in Borderlands: Samsara opens new office to focus on expanding cross-border trade; TriumphPay expands payments network to Mexico; China-based auto supplier to build $36M factory in Mexico; and Quantix acquires hazardous waste hauler in Houston.
Major fleets find that high-quality aftermarket grille guards can protect trucks from some of the most common front-end threats, including road hazards, stationary objects and animal strikes.
A California carrier made history Thursday by using an electric truck to haul freight across the U.S.-Mexico border.
TCA executive David Heller sees the trucking industry as having made the necessary adjustments to deal with the Baltimore harbor closure.
Autonomous trucking regulation is already a state-by-state issue. In California, it may become a community-by-community matter.
A truck driver who filed a defamation suit because of the contents of a report on him came up short on appeal in federal court.
The outcome of nearly 25,000 claims by employees that Yellow Corp. gave inadequate notice before mass layoffs may not be resolved this year.
More than 1,300 layoffs hit freight-related companies in Texas, Florida, Illinois, Michigan and Georgia over the past two weeks.
A new Volvo heavy-duty truck manufacturing plant in Mexico is expected to be operational in 2026.
Regulators are weighing more options to help truckers deal with hours-of-service issues as congestion clogs highway arteries in the Northeast.
Less-than-truckload carrier XPO said it has opened three of the 28 terminals it acquired from defunct Yellow Corp.
In an environment where theft is a growing issue, knowing what’s covered is crucial.
A proposed rule that could benefit team-driving operations in trucking would weaken highway safety, those opposing the plan told the FMCSA.
A federal appeals court backed the authority of the EPA to grant environmental waivers to California, with possible ramifications for trucking.
Over the past several years, the logistics industry has been propelled into the digital age by a powerful combination of consumer expectations, government regulations and technological innovations. Some companies have […]
Teamsters members at Dependable Highway Express in Southern California have ended the union’s representation at the carrier.
Less-than-truckload carrier Saia has opened two terminals as part of a plan to open up to 20 this year.
Federal regulators have updated Congress on an FMCSA pilot program to recruit teen drivers, and the results are bleak.
The dynamic nature of logistics calls for a new method of negotiating rates, through real-time data and automation.
The first data paints a mixed picture of how trucks and ships are diverting away from Baltimore in the wake of the Key Bridge collapse.
Express delivery giant UPS is recruiting pilots again after beating out FedEx for the Postal Service’s air transport contract.
A waiver for truckers impacted by the collapse of the Key bridge in Baltimore and a preliminary timeline for repairs offer optimism.
Truck transportation jobs in March recorded an increase in the midst of a generally weak trucking market.
The soap opera that is Nikola Corp. has been renewed for a new season with the company taking aim at convicted founder Trevor Milton.
Texas is banning oversize loads across parts of the state on Monday in anticipation of increased traffic from the solar eclipse.
Class 8 new truck orders were down in March, but the research firms that track them did not see it as significant.
Wisconsin Gov. Tony Evers vetoed a bill that would have put a $1 million cap on non-economic damages in lawsuits related to accidents involving trucks and other commercial motor vehicles.
Daseke, known primarily for its flatbed operations, is now part of TFI International.
Truck lease purchase deals did not get many positive reviews at a recent gathering of a federal task force studying the deals’ impact.
Truck safety advocates call out regulators for lack of action to curb injuries and deaths resulting from crashes.
Pride Group filed for bankruptcy protection last week, citing capacity oversupply and underwhelming demand for trucks.
Saia is partnering with one of Mexico’s largest carriers, Fletes Mexico, to provide cross-border less-than-truckload services.
UPS will take over flying mail and parcels for the U.S. Postal Service later this year. FedEx is relinquishing the contract but says the move will make it more profitable.
OGRE’s successful conversion of Brokerage and Transportation Sales to its technology and services platform increases logistics accuracy, speed and customer satisfaction.
A nuclear verdict in a fatal accident on Interstate 70 in Missouri has been upheld by an appellate court.
This week in Borderlands: Investment surges in Mexico as companies shift supply chains, plan new factories; Michigan 3PL acquires Mexican freight brokerage, signs lease for Arizona warehouse; American Woodmark opens $45M plant in Monterrey, Mexico; and Zipline Logistics acquires supply chain provider Summit Eleven.
Pride Group has filed for bankruptcy protection after a lender filed a $100 million breach-of-promise lawsuit.
Despite being less stringent than proposed, the trucking industry says meeting EPA’s new truck emission rule is not achievable.
Natural gas may be having a moment as an alternative fuel for trucking, but there are a few nagging questions.
FedEx and UPS have recently announced job reductions as part of ongoing efforts to streamline operations and boost profits.
Regulations aimed at easing detention time burdens on truckers may need to take into account the Biden administration’s emissions policies, according to insurers.
An administrative assistant at a Texas trucking company who ran a fraudulent pay scheme faces more than five years in prison.
The Port of Baltimore’s indefinite closure could cost the state of Maryland as much as $1 billion in total value of goods and services, analysts say.
A Delaware bankruptcy court overseeing Yellow’s liquidation said Wednesday it will hear the case regarding nearly $8 billion in pension withdrawal liability claims against the estate.
A holistic visibility tool goes beyond simply providing data, instead creating a pathway for companies to identify and mitigate risks proactively.
Despite their lack of performance documentation, B-1 drivers bring a unique value proposition to the table.
Technological advancements, regulatory developments, environmental considerations and more require trucking businesses to continually adapt to an ever-evolving operational landscape.
WattEV uses a combination of state incentive funding, volume purchasing plans, and productivity improvement measures to make electric freight transport as affordable as possible.
Hauling autos into Baltimore is a big business that is going to scale back dramatically in coming weeks and months.
Cindy Ellers, chief customer officer at Bestpass, joins FreightWaves to talk about challenges fleets and owner-operators face in 2024. She also highlights recent partnerships and acquisitions by Bestpass.
Yellow’s breach-of-contract suit against the Teamsters union has been dismissed by a federal court in Kansas.
President Joe Biden said he’s not waiting on foreign ship companies before getting the Port of Baltimore up and running.
Moody’s held its investment-grade debt rating of RXO, but its outlook was shifted to negative.
Uber Freight’s drop-and-hook capacity solution, Powerloop, has seen explosive growth, with more than 10,000 carriers servicing more than 220,000 loads to date.
Agents in Cincinnati found fake NFL, NCAA and MLB championship rings that had been sent from Hong Kong to Kansas.
First-quarter earnings estimates for truckload carriers have been reeled in again as the industry awaits a meaningful turn in the cycle.
Millions of people are expected to travel for the April 8 total solar eclipse, causing major traffic jams that could impact truck drivers’ routes.
This week in Borderlands: Echo Global Logistics grows cross-border footprint as trade booms; Maersk launches cross-border warehouse in Tijuana; Yokohama announces $380M tire plant in Mexico; and Legendz Way to open distribution center in North Texas.