Over 570 layoffs hit freight-related companies in California, Illinois and Michigan, with firms citing market conditions and loss of customers as reasons for the job cuts.
When Berkshire Hathaway bought the last 20% of Pilot Travel Centers, the deal valued the chain at significantly less than just a year earlier.
Shippers can unlock 10-15% cost reduction via an analytical approach, handled entirely by a trusted partner
Routes, service and driver safety could be at risk if federal regulators allow California and Washington state laws to supersede federal work laws, according to FedEx.
This week in Borderlands: Shifting supply chains boost trade in California-Baja mega-region; Union Pacific opens expanded Phoenix intermodal terminal; Radiant Logistics expands air cargo operations in Texas; and avocado workers in Mexico file labor complaints.
Supreme Court considers that question and what it means for disputes taken to arbitration or to court.
A Wisconsin bill may limit non-economic damages for accidents involving commercial vehicles. An Indiana bill would let seat belt use be used as evidence in accident lawsuits.
Hyliion is getting a second chance to make a viable business with its Karno technology that could help generate a buyer for the company.
The U.S. Postal Service contract is an albatross around FedEx’s neck. The company needs to fly less during the daytime and consolidate more express and ground parcel shipments, Barclays says.
Kimberly Fisk, the new COO of Triumph’s factoring group, sat down for an interview with FreightWaves as she begins the job.
AT&T’s widespread outages are causing connectivity disruptions for major transportation tech providers. Here are some platforms experiencing issues and how it impacts the industry.
J.B. Hunt said Thursday it will buy Walmart’s intermodal assets and that the two companies entered a multiyear agreement that will bring more shipments to J.B. Hunt’s network.
Zeem Solutions’ approach encompasses everything from vehicle leasing to maintenance, making green transportation more accessible.
Flexport has launched the Convoy Platform, aiming to boost the logistics ecosystem for shippers, carriers and brokers.
Outsourcing the review of unsafe driving videos can help a carrier maximize the return on a dashcam-driven coaching system by handing the video clip screening process to experts.
Takeaways from the State of Freight webinar this month kick off with an “abysmal” February.
Spot market metrics saw a brief reprieve in January as winter storms sidelined capacity, but carriers say the market will likely stay depressed for at least a couple more months.
Leveraging data hinges on understanding data. That is where third-party partners like Körber Supply Chain can make all the difference.
Ryder has opened a new logistics center in Laredo, Texas, as trade continues to expand between the U.S. and Mexico.
CloudTrucks has purchased Shipwell’s brokerage, and Shipwell plans to focus on its SaaS offering.
Federal safety regulators have advised owners of older anhydrous ammonia tanks to conduct pressure testing to avoid catastrophic failure.
The newest regulation on insurance in New Jersey brings uncertainty to the motor carrier world.
“Grabbing the Hammer Lane,” a one-actor show with trucking as a theme, is winning strong reviews.
Third-party logistics provider Air Van announced it acquired G&C Cartage.
Pro-Trump truckers said they will refuse to take loads to New York City after the former president was fined $355 million in a civil fraud verdict last week.
The Georgia Ports Authority sets export record in 2023; the Alabama Port Authority and CSX partner to launch an intermodal facility; and the Port of Cleveland receives $32 million for upgrades.
This week in Borderlands: Cross-border logistics firms expand operations into Mexico; Texas State Highway 130 toll road truck traffic up over 9%; Karat packaging opens new distribution facility in Arizona; and Pirelli opens Mexico training center, hits 50M-tire milestone.
The Teamsters, which have been mostly winning lately, saw their union kicked out by some workers in Wisconsin.
Universal Logistics posted lower Q4 revenue in its trucking, intermodal and brokerage segments.
Samsara is working to create a system of record specific to physical operations, helping users conceptualize variables like fuel consumption and asset location.
Quiet and zero tailpipe emissions battery-electric trucks are gaining popularity across the industry for parts shipment to assembly plants.
Cass freight data for January shows continued weakness, but the month included harsher-than-normal winter weather.
A federal task force wants contract details from truck drivers to help expose and combat predatory lease practices in the trucking industry.
UPS is rationalizing its air network as demand falls, but it is still adding aircraft when it makes sense.
An administrative law judge ruling against the current system of chassis pools was upheld by the full Federal Maritime Commission.
Investment bank Piper Sandler cut its rating on trucking-focused bank Triumph Financial even as it offered praise for the company’s strategy.
Ryder has a plan in place to reduce its reliance on equipment leasing. Its progress could be seen in its earnings.
Retired rail workers in Mexico created blockades at border crossings in Arizona and Texas on Wednesday, seeking severance pay and benefits from Mexican authorities.
A Delaware bankruptcy court will decide on March 6 if it will hear pension withdrawal liability litigation against Yellow Corp.
Transportation and manufacturing groups are warning federal regulators against using driver-assist data in developing a rule that could determine a trucking company’s ability to stay in business.
Trimble Inc. reported fourth-quarter transportation revenue of $194 million, boosted by strong sales in North America.
ArcBest announced Tuesday it can now provide autonomous and remote-controlled forklift technology.
The owner of an Ohio trucking company pleaded guilty to wire fraud, admitting his role in a scheme to overbill shippers and consolidate shipments headed for Amazon warehouses and Bath & Body Works stores.
Texas leads the U.S. for the most traffic bottlenecks for truckers on ATRI’s 2023 Top Truck Bottlenecks list, with 13.
International Roadcheck through North America will take place in mid-May this year.
New Jersey’s leading insurance trade group says umbrella coverage is likely the way to go for fleets looking to meet the state’s new $1.5 million minimum.
Mexico’s trade with the U.S. rose 2.5% year over year to $798 billion in 2023, boosted by exports of fuel and imports of passenger cars.
Digital freight marketplace CDL 1000 has acquired Next Trucking after the latter announced in June it was looking for new funding.
Small and large trucking companies will see benefits restored if the Senate advances a new tax package.
Liquid bulk hauler Kenan Advantage Group announced it has entered the dry bulk space with the acquisition of Northern Dry Bulk.
Reaction to RXO’s fourth-quarter earnings has been decidedly negative, and the first quarter started off weak.
As many as 14,000 former Yellow Teamsters could head back to work if a would-be less-than-truckload startup can persuade creditors to approve their plan.
This week in Borderlands: Zerio focused on technologizing global supply chain security compliance; Port Houston welcomes new Latin America shipping container service; Tesla auto parts supplier expanding Texas logistics operation; and Korean EV parts maker opens factory in Mexico.
This week on FreightWaves we look at whether UPS is struggling or not; a convoy rallying for stricter border patrol takes over Texas; the FMCSA cracks down on sham towing fees; another trucking company files for bankruptcy and truckers in Mexico strike against cargo theft.
TFI International’s EPS in 2024 will be at least $7 a share, CEO Alain Bédard says
Delays from the customs system on Mexico’s side of the border disrupted cargo truck traffic for several days in California and Texas.
Positive developments in the hydrogen space glossed over some tough underlying issues like sky-high hydrogen prices.
Today, peak seasons and traditional consumer habits are something entirely different than they once were. The CEO of DHL Global Forwarding Americas gives insight on how DHL is handling it and what shippers should do.
Radiant Logistics reported adjusted earnings ahead of consensus for its fiscal second quarter ended Dec. 31.
FleetCor reported fleet transaction revenue of $108 million in the fourth quarter, a 19% year-over-year decrease.
RXO’s fourth quarter was slightly better than the third, but overall, the 3PL had its challenges last year.
A North Texas snack producer and a Forth Worth supply chain services provider announced 329 layoffs in the Lone Star State.
The nation’s top truck safety regulator wants towing companies that overcharge truckers to be held accountable by the FTC.
Avocados and beer from Mexico are gaining popularity as staples at Super Bowl Sunday watch parties.
There isn’t much sign of an upturn in Uber Freight’s latest earnings report.
Federal regulators are responding to complaints that the government is not doing enough to protect women and minority truck drivers.
C.H. Robinson’s newly unveiled touchless appointments will automate manual scheduling tasks.
XPO’s fourth quarter exceeded expectations, and the company provided robust pricing guidance for 2024.
Thomas Schmitt, the Forward Air CEO who put together the deal with Omni Logistics trashed by investors, is leaving the company.
Less-than-truckload carrier XPO reported a better-than-expected close to 2023.
Werner Enterprises saw another step down in operations during the fourth quarter.
A lawsuit that goes back to 2010 and opened the door for the ABC test in New Jersey has been settled.
Georgia Ports Authority announced plans to construct a $29 million overpass to keep trucks away from neighborhoods in Savannah.
Yellow Corp. said it has paid a total of $851 million to the U.S. Treasury as repayment for a 2020 CARES Act loan.
ArcBest continued to swap out spot freight for higher-margin shipments from core accounts during the fourth quarter.
Workers at a Goodyear Tire plant in Mexico were awarded over $4 million in back pay by U.S. and Mexican authorities after a labor rights investigation.
The Logistics Managers’ Index for January showed transportation prices are increasing as retailers take on inventory.
$2 billion in fines and expenses from emissions-rigging slammed Cummins’ Q4 profit in a year of record revenues and cash generation.
ArcBest leveraged cost initiatives to beat the fourth-quarter consensus estimate.
U.S. Bank’s freight indices are down but at a rate that may suggest a balancing of capacity could be ongoing.
Forward Air provided an update on January trends but made no mention of December numbers or who is currently in charge of recently acquired Omni Logistics.
Several hundred people gathered for rallies in three border states Saturday as part of the “Take Our Border Back” convoy that traveled from Virginia to Texas last week.
Has UPS been ill-served by on-going cost-cutting?
This week in Borderlands: Mexico’s truckers plan nationwide strike against cargo theft; EV maker Lucid expands its U.S. manufacturing facility; Grainger announces new distribution center near Houston; and supply chain services provider Kinaxis opens Dallas office.
Tearing down the Interstate 81 viaduct in Syracuse, New York, and replacing it with an urban boulevard moved closer to fruition after a Friday court decision.
Less-than-truckload carrier Saia will spend roughly 30% of its annual revenue buying terminals and trucks as it looks to take market share again in 2024.
Canadian authorities recently seized $51 million worth of methamphetamine from a tractor-trailer heading for Winnipeg, Manitoba.
As the Bureau of Labor Statistics signaled in August, the annual revision of employment data shows fewer truck transportation jobs last year than initially reported.
The arcade game Whac-A-Mole describes state-by-state approach to rules of the driverless road while 50-state solution appears far off.
Shawn Brown, vice president of safety with Cargo Transporters and mayor of the City of Claremont, North Carolina, joined Jeremy Reymer on a recent episode of Taking the Hire Road.
New Jersey is raising its truck liability insurance requirement to $1.5 million, one of the highest in the U.S.
Hub Group reported year-over-year decreases in its intermodal, logistics and truck brokerage segments during the fourth quarter.
Pam Transportation Services contends with an auto strike in addition to already depressed truckload demand during the fourth quarter.
Federal regulators are proposing to ease requirements for new truck drivers — but crash victim advocates warn safety will be compromised.
Landstar System said Thursday that a recovery won’t likely occur until summer.
Houston-based Vroom is closing two facilities in Texas and laying off 515 workers as part of a nationwide restructuring.
While the world around us slowed down to enjoy the holidays, the SONAR team was hard at work building a foundation for the biggest year yet in product delivery.
This ambiguous landscape makes it even more crucial for 3PLs to understand what their cargo insurance does — and does not — cover.
Schneider National reported a fourth-quarter earnings miss and a worse-than-expected 2024 outlook on Thursday.
Averitt Express recently moved into a new distribution center in the Nashville area as part of several major facility upgrades in Tennessee.
