Brokers must stay ahead of the curve even in the best of times. In the midst of global market disruption, that becomes an even more important part of staying afloat.
Locus Robotics now has raised more than $100 million.
Postponement until completion of safety study part of $494 billion highway bill
Ongoing COVID-19 impact leads global drivetrain supplier Meritor to trim 230 salaried jobs while partially restoring pay cuts implemented in March.
Action is based on used truck values
Collaboration allows mobile document capture and automated workflows within TMS
FourKites says it has cracked the code on delivering more accurate ETA information for LTL shipments
Less-than-truckload demand appears to have bounced off of an April bottom according to reports from carriers.
New technology is popping up everywhere, but the venerable and prominent EDI still has plenty to offer.
Protests and civil unrest have erupted in major cities in the U.S., igniting concerns about truckers’ safety.
Logistics providers, trucking companies and businesses closed early as potential protests were anticipated in the Chicago area.
Near-shutdown of Class 8 truck production in May resulted in stagnant orders as COVID-19 lockdowns took hold.
Werner Enterprises’ announced that CL Werner, its founder and executive chairman, has stepped down as executive chairman. Werner is expected to remain as chairman through the end of his term ending May 2021.
Schneider has continued its recent technology innovations with FreightPower, an offering that unlocks more capacity for its shipping partners.
Peaceful protests and civil unrest continue in many major cities, including Chicago, following the death of George Floyd
But action said to be “deferred,” not closed
Move aimed at preventing possible container transportation emergency.
Tire inflation company Aperia is trying to gain market share by offering its solution with no upfront cost. Plus, movie industry freight haulers have received an exemption from drug testing rules and a judge has denied FedEx’s request to dismiss a racial discrimination suit.
International Freight forwarder Eternity México’s revenue rose 28% during the first quarter thanks to its digital freight tracking platform, officials said.
As trucking operations ramp up after COVID-19-related shutdowns, and drivers return to work, some routines may need refreshing so fleets and drivers avoid violations.
Battery electric and fuel cell startup Nikola Corp., which surprised the trucking industry by having a “blank check company” back its bid to go public, expects its shares to begin trading under its own name on the NASDAQ later this week.
MoLo Solutions learned about St. Christopher’s trucker charity when competitor C.H. Robinson donated $50,000. MoLo’s pledge per load in May and personal contributions added up to more than $62,000 to help sick and injured long-haul drivers.
While less-than-truckload volumes may not have rebounded sequentially from April, one sell-side analyst sees acceleration in recent weeks as bullish for the industry.
While the COVID-19 crisis has affected the country in deeply profound ways, it has also highlight deficiencies in the current regulatory framework for freight movement.
FreightWaves teamed up with Gulf Winds International to discuss how massive jury awards are taking a lasting toll on carriers.
Confrontation on Minneapolis bridge gets a driver arrested and in the hospital
Ryder is leveraging technology from Turvo to build an integrated technology platform connecting disparate parts of the supply chain. Plus, China halts some U.S. imports and packages at USPS are backing up
Sysco, Svitzer, Adnavem and AddSecure add industry all-stars
Counterintuitively, a rise in book of business signals companies may have pulled down their revolving lines of credit
Ralph was very clear to his manager: He would not drive his truck after Memorial Day because of “the terrorists” on the highway. “Some people call them tourists, but as […]
As protests over the death of George Floyd expand nationwide, road closures and safety concerns are starting to impact freight movements and put the lives of truck drivers at risk
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trucking sector wrestling with fragile freight rates and loose capacity; XPO Logistics to layoff 243 employees; Mexico’s auto manufacturers restarts factories, but a few are still waiting; World Trade Bridge officers intercept narcotics worth more almost $1 million.
While natural gas trucks have been operating in ports for many years, a new report definitively states that they are a commercially viable option that can handle all the tasks required of drayage trucks.
Focusing on risk management can help protect fleets from the pain of paying massive damages.
A small trucking firm in Maine is claiming the Small Business Administration is denying PPP loans to companies currently in bankruptcy, thereby putting jobs at risk.
Truck Driver Mike Baker hasn’t been home in 81 days, but said the sacrifice is worth it to keep his family save amid the coronavirus pandemic
The trucking market continues to heat up.
In letter to employees, CEO Biesterfeld speaks of a “heavy heart,” says company will introduce inclusivity training, Employee Resource Groups
With final approvals in hand, German commercial vehicle mega-supplier ZF Friedrichshafen creates a new division for technology supplier Wabco Holdings, adding 12,000 employees.
FedEx reported to be exploring alternative growth path in Europe through stake in German parcel company Hermes.
In a lawsuit filed this week, Omnitracs claims that Platform Science has built technologies, including its Connected Vehicle Platform, based on patents owned by Omnitracs
Divided federal appeals court revived CRST’s driver-poaching lawsuit against TransAm
Saiz is lawyer with Rodey firm, needs Senate confirmation
OOIDA opposes FMCSA’s approval for motion picture group.
Railroad volumes continue to drop. What might they do to increase volumes? Where are the volume increases going to come from?
Escalating airfreight transportation rates and capacity shortages from China due to the global pandemic have encouraged some shippers to split supply chain shipments between ocean and air pallets.
Mullen not expecting the issue to “go away any time soon”
State Attorney General used new price gouging law to go after A1
FedEx is experimenting with combining some elements of its Express and Ground units. Read about how that might affect the company.
Donations to the St. Christopher’s Driver Development and Relief Fund continues to pour in as recognition of the driver’s role in delivering critical supplies during COVID-19 pandemic attracts new donors.
Tolls on bridges, tunnels and roads are plummeting in the wake of the pandemic. Unlike the broader system of highways whose upkeep is paid for by the rapidly depleting Highway […]
15.6 million masks from FEMA going out to trucking, maritime, rail sectors.
Ashley Hammonds of Reliance Partners cautions that buying a cheap older truck may have an inverse effect on insurance rates.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. News reports that Uber is re-evaluating non-core units […]
Litigious society wants someone to pay for coronavirus-related business losses
Mundi seeks to finance exporters by offering their clients the option to pay locally in 100 countries and 65 currencies.
Growing competition leads Mitsubishi Fuso Truck and Bus Corp. to decide against selling medium-duty trucks in the U.S. and Canada after current inventory is sold. Parts and service pledged through 2028.
The numbers game is intensifying as falling used truck prices and swelling inventories persuade fleets to hang on to younger equipment until they can break even.
As the first recipients face the end of the Paycheck Protection Program, the Small Business Administration has issued long-sought guidance on the program, including information on forgiveness.
The courier and less-than-truckload subsidiary of Canada’s postal carrier had a decent first quarter considering the impacts of COVID-19 and C$1 billion expansion of its network.
Love’s faces opposition in Arizona; ODFL likely to get tax breaks in Ohio.
The retail apparel sector has been among the hardest hit by the COVID-19 pandemic. Learn how international trade, supply chains and tariffs complicate things further.
The 2020 International Trade Impact and Outlook survey from DHL compiled responses from more than 2,000 small and medium-sized enterprises (SMEs) in the U.S.
Canadian judge approves heavy-equipment hauler’s plans to operate under creditor protection as CEO urges U.S. bankruptcy court to recognize proceedings.
Expeditors International sees digital platform acquisition as key to advancing its less-than-truckload shipping platform.
Startup’s request to extend driving limit and workday gets broad pushback.
The direct mail segment accounted for 23% of USPS 2019 revenue, which is decreasing as a direct result of the pandemic.
Trucker Tools’ Book-it-Now and predictive freight matching tools will now be available to users of financial services firm OTR Capital. Plus, major markets showing volume gains, DC truck protestors could return, and driver pay increased in 2019.
Program was for eight weeks, starting in April, setting up an end to some protection
Trucking and crane services provider pursues interim financing and court approval to market its Canadian and U.S.-based subsidiaries while under creditor protection.
Leasing companies say a neutral chassis pool lacks incentive to invest the tens of millions of dollars each year to maintain viable chassis equipment.
Opponents of increasing size standards for trucks fear permanent changes post-pandemic.
The payments have two weeks down, with company in arrears on payments
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: CBP beefs up security at US-Mexico border; Kenworth restarts truck factory in Mexico; Love’s Travel Stops opens new location in Laredo; Port of Brownsville ranks third for “financial resilience.”
U.S. retailers face two options: selling at a discount in the domestic market or going online to sell globally.
Dairy Max, Convoy team up to deliver fresh milk to food banks in Texas with plans to expand in other states
“The Impacts of COVID-19 on the United States, Mexico, and Canada Cross-border movements” webinar was presented by the Transportation Intermediaries Association.
The trucking market continues to heat up.
Car rental giant Hertz files for Chapter 11 bankruptcy protection after failing to reach an agreement with creditors; blames COVID-19 pandemic for economic freefall
Ontario-based Joseph Haulage buys Bergland Transport to build on its growing business serving agriculture and food sectors.
$26.5 million ‘nuclear verdict’ stands in fatal road-rage crash in Oregon
Data shows an industry that struggled, like the rest of the trucking market
Fleet Advantage offers book value cash and leasebacks to help trucking companies weather the economic crisis while banking on selling them new trucks down the road.
Pennsylvania Turnpike cites surge in e-commerce as a factor.
Panel of importers and exporters will advise the U.S. Federal Maritime Commission on policies of competitiveness, reliability, integrity and fairness in ocean shipping.
Also on this week’s show: the tremendous rise in diesel inventories.
Pharmaceutical supply chains are becoming increasingly complex as the path from production to consumption isn’t as linear as one may think.
As car manufacturers resume production, the trickle-down effect may breathe new life into the hard-hit auto hauling industry.
Digital freight matching has pushed the industry to adapt.
Abduvosit Razikov, chief executive of DM World, who was individually named in the breach-of-contract lawsuit, isn’t new to the trucking industry, having started at least four companies in Florida since 2008.
U.S. Federal Maritime Commissioner Rebecca Dye said Fact Finding 29’s work will help the American ocean shipping industry better prepare the supply chain for the post-virus economic recovery.
FourKites has announced several new features, including paperless document transfer and communication tools, to enhance worker safety, improve shipment tracking, and speed payment processes.
The most recent court filings are part of the U.S. Bankruptcy Court for the District of Delaware hearings for trucking company Celadon Group, which filed for Chapter 11 bankruptcy on Dec. 9.
Expanded services come as the coronavirus outbreak accelerates demand for e-commerce fulfillment
Funds from the Paycheck Protection Program has allowed some fleets to remain in business despite low rates, but as the program ends, some companies may not survive and capacity will tighten as a result and rates will rise.
Agriculture Transportation Coalition hears pandemic’s effect on global movement of goods
The fourth quarter of 2020 or the first quarter of 2021 might be when the intermodal sector will see some volume growth. But truck capacity, fuel pricing and pandemic uncertainties make a recovery hard to pin down.
Fleet management solutions provider also raises $400 million in equity to help sustain operations during coronavirus downturn
One manufacturer’s decision to erase 10,000 Class 8 trucks from its build plan threw the industry into negative territory in April; experts expect scant improvement in May.
Recently, a longtime employee of a local car dealership was terminated, allegedly due to a dispute with a co-worker and a subsequent failure to appear at work, showing once again that employers should be careful in handling employment termination decisions which effect those in a protected class.
