The global pandemic offers industry players the chance to trade competition for collaboration and disrupt the status quo.
Shippers and forwarders will be cautious with how much cargo they commit to the ocean container carriers this contract season, industry experts say.
Dan Cushman retiring after 11 years as the head of P.A.M. Transportation. The search is underway for a permanent replacement.
Anger mounts among small-business truckers as they protest low rates amid COVID-19 pandemic
“So All Forward not only gives us access to rates, but it gives us the platform to get opportunities,” said Derek Scarborough of Global Logistical Connections Inc.
Magnus Technologies offers a solution that can run the entirety of a trucking fleet’s business operations over a single platform.
Shippers may feel like they are being pulled in two different directions when it comes to dedicated fleet solutions.
Trimble is adding an alert service to its navigation and routing apps to notify drivers when speeds are reduced up ahead due to work zones or other incidents.
Hub Group’s first quarter miss included several one-off expenses unlikely to recur. However, volume headwinds are expected to persist in the near-term.
Watchdog report lists “priority issues” requiring agency attention.
Several steps being taken will affect the supply chain
ULH withdraws 2020 outlook and suspends dividends after slowdowns in retail and manufacturing weigh on first-quarter financial results.
Even as businesses have shut down, traffic data from Inrix showed that, as of April 17, 87% of all truck vehicle miles were still being driven.
A family-owned Massachusetts trucking company fell victim to a ransomware attack
From slashing salaries to borrowing money to get to the other side of the COVID-19 pandemic, suppliers Meritor and Dana are keeping electrification programs on track while slowly restarting production.
CEO blasts what he calls the statements of “some snake oil salesmen”
The autonomous trucking outfit has so far avoided the economic carnage that has hit other startups in the self-driving industry
Combined transportation and logistics powerhouse grows gross profit despite impact from COVID-19.
Reefer is a hot trucking segment, but jumping in without considering proper insurance could freeze you in your path.
International association of forwarders says members have tools and knowledge to ease container-shipping pain of the COVID-19 pandemic.
A better than expected first quarter yields to expectations that a recovery may not occur until June. Some of Schneider’s customers are starting up again, but demand in May will likely be choppy.
While others have seen a decline in shipments, April held firm: CEO
Orbcomm operates in transportation and distribution, heavy equipment, industrial fixed assets, oil and gas, maritime, mining, and government.
Schneider Logistics is seeking to smooth and expedite the process for paying carrier partners by pairing TriumphPay’s payment solutions with Transflo’s document management tools.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. On Friday, April 17, FreightWaves ran my Commentary: […]
Supplies from FEMA follow calls by industry and lawmakers for more COVID-19 protection.
Schneider reports TL volumes are down upper single-digit percentages in late April, but notes that some of its customers shutdown by COVID-19 are set to come back online.
Even though the EPA has relaxed some reporting requirements, trucking fleets that cut corners on environmental regulations could face large penalties for non-compliance.
Business leaders argue the coronavirus pandemic has diverted resources needed to ensure a smooth transition from the previous North American Free Trade Agreement (NAFTA) to the United States-Mexico-Canada Agreement (USMCA).
Even as businesses have shut down, traffic data from Inrix showed that, as of April 17, 87% of all truck vehicle miles were still being driven.
Trump and Republicans at odds over using pandemic as bridge to transportation funding.
Updated rule, if adopted, means at least 30% of all tractor trailers sold in California would have to be zero emission by 2030
Digital freight brokerage Transfix laid off about 10% of its staff on Tuesday
COVID-19 pandemic challenges American seed producers to secure airfreight capacity to meet spring planting.
Mayor Eric Garcetti grateful for “lifesaving purchase agreement” with Honeywell.
Uncertainty beyond loss-making second quarter concerns Daimler leaders, though robust supply chain and cash position suggest fast production ramp-up when economy recovers
Accelerated depreciation it set at a “trough” level from 2002
“We’ve definitely seen things coming back,” Energy Transportation CEO says as a key measure of truckload volumes in Canada rises 27% over two weeks on FreightWaves’ SONAR platform.
Saia’s first quarter performance placed its recent terminal expansion campaign on full display. Unfortunately, COVID-19 headwinds will mask near-term results.
The new tracking system allows real-time monitoring of transported goods across a variety of markets including food & beverage, pharmaceuticals and micro-mobility.
FourKites has introduced an interactive map that tracks congestion and delays at border crossings and ports around the world while DriverReach and Trucker Tools have added solutions aimed at improving driver efficiency.
Small fleets file for Chapter 7 bankruptcy in April
Saia’s multi-year terminal expansion project drives earnings results well ahead of expectations.
Ford has invested $500 million in Rivian and participated in the startup’s $1.3 billion investment raise in 2019.
Resilience360 recently released reports analyzing the impact of COVID-19 on trade between the United States, Canada and Mexico.
Terms shorten to 3-4 years from 5-7 years.
Favorable customer mix to make Werner’s truckload model a little more defensive through the downturn.
The move comes as companies race to ramp up last-mile delivery in wake of coronavirus pandemic
Werner believes its consumer-heavy shipper base will allow the company to ‘more effectively manage through’ the downturn.
Regulatory guidance is expected to be significant to American shippers facing container availability charges from carriers and marine terminals during COVID-19 pandemic.
Cummins saw a tough environment for most of its segments in 2020 before the word pandemic became common. Now it is depending on its collective experience in managing bad times to pull it through again.
UPS faces economic and other challenges in the wake of COVID-19.
Comparisons to other recent declines show a much slower slide at the pump.
“Transplace’s customers expect us to dig in and do the research that matters most to their business, and we deliver,” said Transplace Vice President of International Services Mollie Bailey.
Covenant continues to reshape the company in efforts to better focus on contract logistics and improve its financial structure.
Canadian carrier Day & Ross is testing a hydrogen-injection engine technology that is said to reduce emissions. Plus, New York City is closing roads, ecommerce booms, and USMCA trade deal delayed
Revenue and profits look bleak for second quarter, but leading engine maker Cummins surprised analysts with better-than-expected first-quarter revenue and profits.
Drones have taken on added importance with the coronavirus pandemic, offering ways to do tasks faster and without dangerous physical contact.
The smallest of the standardized ocean containers in the global fleet remains ideal for dense, heavy agricultural goods, forest products, and machinery shipments.
78% of truck drivers posted positive comments regarding their morale, with many thanking carriers for supporting them, in the latest sign that carriers are effectively supporting their drivers.
Charging-as-a-service startup AMPLY Power raised $13.2 million from institutional investors Soros Fund Management and Siemens USA as it expands electric infrastructure management to commercial trucking from transit buses
Global freight forwarder attributes most of the 23.2% year-over-year first-quarter earnings drop to impact of COVID-19 pandemic .
As states begin to reopen their economies, leading retail trade groups urge the opening of all distribution centers and implementation of a three-phase reopening strategy.
Agency wants state agencies to step up enforcement of CDL and CLP holders.
The COVID-19 pandemic has created the need for social distancing, even while working. For the freight industry, the adoption of autonomous vehicles might be a good start.
C.R. England has continued the tradition of its One Initiative, announcing it has not donated more than four million meals to food banks since 2018. Plus, New York truckers face longer wait times, Tyson Foods warns to meat shortages and retailers push for uniform reopening plans.
A CFO, government affairs VP and two life science sales directors are hired and a Florida Customs Brokers & Forwarders Association board appointment is announced.
President Donald Trump’s April 18 executive order aims to provide additional economic support for supply chains and manufacturers during the pandemic.
Moseley Marcinak review some legal trucking issues arising from COVID-10.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Nuvocargo raises $5.3 million for cross-border freight operations; Nogales importers donate free produce to the community; cargo at Mexico’s seaports decline during the first quarter; CBP seizes 352 pounds of marijuana at Santa Teresa port of entry.
As a plunge in freight volumes and rates take a toll, Canada’s trucking industry seeks relief on payroll taxes to hold on to precious cash.
Drury Hotels is offering hotel rooms for $59 for truck drivers, including two meals, at its 150 locations during the coronavirus outbreak.
Volumes up slightly week-over-week
Trump signs bill carving out $60 billion in loans specifically for smaller community-based lenders.
Companies across the Lone Star State have made another wave of job cuts with 3,000 more workers losing their jobs.
After enormous drops, the data is pointing green.
Farms of major row crops like tomatoes or potatoes are usually highly mechanized and could escape the wrath of COVID-19.
Revenue per hundredweight is suffering as a result: CFO
“More work to do” as FMCSA closes in on 900,000 total registrants.
Daimler AG revealed difficult first-quarter results, removing mystery from next week’s earnings report, which shows all segments struggling, including its truck manufacturing business.
Even as states reopen, there is too much uncertainty ahead to predict boom times returning, but there is finally some optimism appearing.
The online auction from Ritchie Bros. attracted 8,600 bidders from 62 countries using the Ritchie Bros. mobile app.
Can the CARES Act help transportation-supply chain companies during the pandemic? Kayla Matthews explains why the answer is “yes.”
Declines in trucking shipments and spend, current and future, highlight the takeaways from U.S. Bank’s first-quarter Freight Payment Index report.
Frayt, a Cincinnati-based tech startup, expands service to address uptick in home deliveries
Brian Aoaeh interviews CEOs of several supply chain tech startups about their status during the pandemic.
Landstar has seen volume declines accelerate in recent weeks and management believes that a recovery is unlikely until the automotive and building products segments resume activity.
As the COVID-19 crisis deepens, it is critical for logistics workers to make sure they stay safe as they continue to keep the economy running.
“We expect that more shippers will shift from just-in-time supply chains to just-in-case supply chains,” U.S. CEO Mark McCullough said.
Other metrics helped the LTL carrier post a new record.
Relaxed regulations and insurance payment relief are certainly helping truckers, but many are also changing their mix of freight to insulate revenue.
Transportation invoice volumes fall 7.5% for payment services provider Cass Information Systems.
Heavy-duty truck maker AB Volvo saw business seize up in mid-March but exited the quarter with lower but still positive sales and profits.
Jason Bates will fill the vacant CFO role at Daseke after three years in the same role at USA Truck.
Perry sees slow recovery in volumes but sharp drop-off in available trucks and drivers.
The food supply chain is in peril as meat plants close and truck drivers struggle to find good-paying freight amid coronavirus.
Daimler Trucks and Volvo Group will work together on hydrogen fuel cell technology for heavy-duty trucks, a pursuit both companies have previously shunned in favor of battery electric propulsion.
Ike has laid off 14% of its staff
The largest manufacturer of heavy-duty trucks puts worker protections in place as it tries to make up for production lost to the coronavirus pandemic.
Landstar System calls attention to its variable cost model as first quarter falls short of expectations. No guidance issued for second quarter.
