FTR, ACT report solid but not stellar new Class 8 truck build numbers
The latest figures from ACT and FTR show a new truck build market that remains solid but that slowed from a month earlier.
The latest figures from ACT and FTR show a new truck build market that remains solid but that slowed from a month earlier.
Transportation attorney Matthew Leffler explains why brokers need to keep on top of several major issues facing trucking in 2024.
FreightWaves’ Mary O’Connell and Cargado CEO Matt Silver break down the changing role of 3PLs in U.S.-Mexico freight movements.
Truckstop’s Brent Hutto shared his view of the truckload market on Wednesday at FreightWaves’ 3PL Summit.
Qued President Tom Curee discusses the company’s new software offering that streamlines and automates load appointment scheduling among shippers, 3PLs and carriers.
At the FreightWaves 3PL Summit, TIA’s Anne Reinke talks about the natural distrust between brokers and carriers.
Echo Global Logistics CEO Doug Waggoner sees the potential for spot rates to rebound by the end of the year.
Less-than-truckload carrier XPO is seeing some of the strongest volume growth in the industry.
Old Dominion Freight Line reported modestly better trends in February compared to January but noted the market remains soft.
A director at Werner Enterprises has resigned over several disputes, including one over the truckload carrier’s environmental, social and governance policies.
IMC Logistics has acquired American Pacific Transportation, growing the company’s drayage capacity to more than 500 trucks in California.
Transportation prices grew for a second straight month in February, according to the Logistics Managers’ Index, but couldn’t keep pace with capacity.
A Mexico-based real estate developer is seeking partners to develop $1.7 billion in industrial and logistics parks along the U.S.-Mexico border.
Less-than-truckload carrier Saia said daily shipments were up 19% in February Monday after the market closed.
On a recent episode of Taking the Hire Road, guest host Leah Shaver, president and CEO of The National Transportation Institute, and Avery Vise, vice president of trucking at FTR, discussed the data behind trucking, the economy and the labor market.
Drayage carriers at the Port of Long Beach may be adding more internal combustion engine vehicles than zero-emission vehicles to prepare for California’s Advanced Clean Fleets rule. The Port of LA’s use of ZEVs is also low.
A new audit of trucking contractors for the U.S. Postal Service recommends reforms for verifying safe drivers and triggers a call for new regulations.
This week in Borderlands: Texas-based customs broker expands cross-border footprint; Pennsylvania-based mushroom grower expands production into Mexico; Impilo expands distribution network with Phoenix warehouse; and TT Electronics opens factory along US-Mexico border.
The Sisters of the Road photo collection highlights female truckers’ struggles and improvements needed for industry equality.
The Teamsters and Anheuser-Busch have reached a new five-year contract covering 5,000 workers across operations in the U.S.
Natural gas, battery and fuel cell electric vehicles all vie to displace diesel. Which will win? Maybe all of them.
Michael Lombard, president of Lombard Trucking, joined Jeremy Reymer on a recent episode of Taking the Hire Road.
Motor carriers’ insurance rates show little sign of slowing down.
An owner-operator claims ELDs, required by regulators to measure hours of service, are too expensive.
Analysts didn’t get the level of detail they were hoping for Thursday during Forward Air’s first quarterly call since its messy merger with Omni Logistics.
J.B. Hunt President Shelley Simpson becomes CEO on July 1, succeeding John H. Roberts III.
When software providers do not cater to private fleets, both the provider and the carrier suffer.
Shippers say a new Federal Maritime Commission rule meant to make billing more transparent will instead cause them more headaches.
Forward Air’s fourth-quarter results sent shares lower in after-hours trading on Wednesday as investors hope a Thursday call will provide financial targets following a controversial merger.
Massive wildfires in Texas and Oklahoma have disrupted travel and prompted mass evacuations.
A case in Illinois involving BNSF Railway and a federal law on biometric information privacy has its settlement figure: $75 million.
The benefits of adding solar panels far outweigh the time and money associated with acquiring and installing the panels.
Texas’ last sugar mill announced it will close permanently amid water shortages, impacting 435 workers, including 101 company truck drivers.
A new DHL facility in Norfolk, Virginia, will serve eastern Virginia and coastal North Carolina.
The Texas Supreme Court has set a March 6 deadline for any parties that want to weigh in on the $90 million verdict against Werner Enterprises.
Rising insurance costs, which were flagged by most carriers on fourth-quarter calls, present a headwind to earnings, Morgan Stanley said Tuesday.
Fastfrate Group has renewed a long-term agreement with CPKC to provide intermodal and drayage services in the U.S., Canada and Mexico.
Douglass is dedicated to being the best version of himself he can be, and that same drive fuels his desire to create a work environment that helps drivers excel.
Knight-Swift Transportation said Tuesday its president and CEO, Dave Jackson, has stepped down and will be replaced internally with CFO Adam Miller.
As companies begin their nearshoring efforts, they will need to develop strong relationships with the right cross-border partners to ensure success.
Financial data from Canadian bank BMO, a major lender to the trucking industry, showed further credit deterioration.
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.