Estes sets new floor of $1.525B for Yellow terminals
Less-than-truckload carrier Estes’ latest stalking horse bid for Yellow’s terminals replaces an offer made by competitor Old Dominion.
Less-than-truckload carrier Estes’ latest stalking horse bid for Yellow’s terminals replaces an offer made by competitor Old Dominion.
Complaints about transparency and accuracy of safety data that affects the operations of truck drivers and carriers has caught the attention of federal regulators.
TFI International has acquired food-grade tanker carrier Vedder Transportation Group.
J.B. Hunt provided a slightly more positive outlook at an investor conference on Wednesday.
Lawmakers on both sides of the aisle pressed the American Trucking Associations and tech companies over job and safety concerns associated with driverless trucks.
In what is far from a nuclear verdict, a long-running suit against Knight Transportation in California was settled for $400,000.
A higher range of general rate increases is here to stay, consultants said at the Parcel Forum.
Truckload carrier management teams are becoming more encouraged that freight markets are balancing.
FreightWaves looks at prospects for trucking legislation as lawmakers return to Capitol Hill after the August recess.
GXO Logistics has ceased operations and laid off 378 workers at several locations across the country in recent months.
The California Senate passed a bill to ban heavy-duty driverless trucks, leaving it to Gov. Gavin Newsom to sign or veto the legislation.
On the 22nd anniversary of the 9/11 attacks, truck driver Russell Vereen reflects on the 205 days he spent working at a refrigerated trailer morgue at ground zero, ensuring the trailers were fueled and running and storing the remains that medical personnel worked tirelessly to identify.
Brokerage giant C.H. Robinson has opened a 400,000-square-foot cross-dock distribution center in Laredo, Texas.
Truck driver Tim Philmon, along with millions of Americans, marked the 22nd anniversary of the 9/11 attacks on Monday by remembering the nearly 3,000 people who died that day.
“I understand that there are times the phone can’t be answered or there are other priorities pulling dispatchers away, but try to keep communication open,” Reliance Partners’ Brian Runnels said.
UPS’ main levies are slightly above FedEx’s levels.
This week in Borderlands: Mexico averaged 58 cargo thefts a day in the second quarter; APM Terminals invests $140 million to expand a facility at a Mexico seaport; XPO adds capacity at a Texas facility; and Jaguar Transport Holdings will operate a Dallas transload facility.
Nikola asks customers with electric trucks under recall for potential battery fires to return them to its plant.
UPS will likely match FedEx’s rate moves unless labor cost pressures force its hand.
If shippers and carriers collaborate more around solutions that impact truck drivers, then we can improve efficiency in transportation while at the same time make driving a more attractive profession.
Less than 2 weeks after representation election, UFCW already charging regional truckload carrier ECM with actions that may be retaliation. (Photo: LFCW)
Axle’s universal data platform gathers intelligence that’s focused on helping fleets optimize deliveries, reduce fuel costs and increase driver retention.
The timing in promoting its growing patent portfolio could suggest TuSimple is trying to find a buyer for its U.S. business.
UPS’ noncontract rates for 2024 will take effect Dec. 26.
Forward Air’s August tonnage improved from July but likely came in lower than expected.
Transportation and logistics provider GP Transco said Thursday that OpenRoad TMS, which was developed internally, will now be marketed to other carriers.
Hurricanes can destroy key infrastructure for freight transportation. Emergency freight can demand thousands of truck drivers.
C.H. Robinson CEO Dave Bozeman focused on process and costs when meeting with analysts at the TD Cowen conference Thursday.
The NRF has bought a leading trade group to expand its sustainability solutions for members.
Green Mountain and Reveel plan to offer complimentary services to the parcel shipping market.
I Squared Capital has cobbled together a national portfolio of trailer lessors through M&A representing 55,000 units.
Using water emitted from fuel cells for a car wash is part of Toyota’s first all-renewable-energy vehicle processing center.
Less-than-truckload carrier Old Dominion reported a large turnabout in operating trends during August.
When the ELD mandate was put into effect, fleets across the nation became vulnerable to cybersecurity threats.
Forward Air defends its latest deal that will position it as a supplier and a competitor to its customers.
A third Nikola battery-electric truck burst into flames inside a lithium supplier’s building, but the company says recalled trucks are still safe to drive.
Daimler Truck, Paccar and Cummins are forming a joint venture with a Chinese battery maker to onshore battery cell production in the U.S.
The Shipper of Choice nomination said Owens Corning’s shipping team “is committed to keeping carriers long-term by providing and welcoming feedback to ensure a smooth operation across the board.”
Less-than-truckload carrier XPO appears to have maintained the market share gains it acquired following Yellow’s closure in July.
Class 8 truck orders crossed a seasonally adjusted 20,000 units in August for the fourth consecutive month.
Taiwan-based electronics maker Foxconn is betting big on Mexico with a $500 million investment.
Alaskan trucking fleets are desperate for truck drivers. They make up to $170,000 a year. But the job isn’t easy.
Freight markets showed some signs of exiting a recession in August.
RCG Logistics will immediately be integrated under the Acertus brand.
There’s no perpetual, industry-wide truck driver shortage. The market quickly corrects any shortage of labor.
A more than $36 million verdict was issued against Werner over its failure to hire a deaf driver back in 2018.
Texas’ population and gross domestic product are expanding at a faster rate than California’s.
Tender rejection data in the FreightWaves SONAR data platform shows that the freight market bottomed on May 14. Since then, conditions for carriers have slowly been improving.
This week in Borderlands: Solar panel maker building $1B factory in New Mexico; McMaster-Carr to open $360M distribution center in Fort Worth; Startup Aircon raises $3.3M in seed funding; and Texas-based Ever.Ag acquires logistics platform.
Advocate for female truckers says new EEOC policies are overdue.
Mack Trucks filed a recall for 27,418 heavy-duty trucks because their turn signal visibility does not comply with a federal safety standard.
Laid-off employees came from support departments including Human Resources, Information Technology (IT) and other ancillary support roles. IT roles affected by the event included business analysts, scrum masters, quality analysts, product managers, and project managers.
Barge rates on the Mississippi in St. Louis, a key port, have risen sharply due to low water levels on the river.
Workhorse Group stockholders approved a proposal to more than double the number of authorized shares, one of few paths to new capital.
An enormous drop in truck transportation jobs in August is likely related to the shutdown of Yellow Corp.
Ree Automotive tested its Reecorner by-wire technology for months before getting precertification that moves it closer to production.
Coyote, a $5.2 billion freight broker, just announced layoffs again. The trucking industry is in a recession.
While there have been efforts to improve sustainability in the freight industry, significant challenges remain.
Convoy and OTR Solutions have issued a joint statement saying that the situation has been resolved.
FedEx’s 2024 rate increases highlight the many moving parts that UPS will need to manage.
U.S. Postal Service contractor Matheson Flight Extenders (MFE) filed paperwork Thursday stating that it plans to eliminate 305 jobs and close its sorting facility in Chicopee, Massachusetts, by the end of October, bringing to about 1,000 the total job cuts it has announced in recent days.
A key participant in Louisiana’s Operation Sideswipe was to be sentenced Thursday, but a new date sets up a sentencing doubleheader.
At the end of the day, logistics is a relationship-driven industry. Solving widespread issues – like detention time – requires collaboration between all shippers and carriers.
Despite the growing importance of interoperability in supply chains, there are more technology companies marketing closed platforms than ever before.
LiveQuote allows brokers to send their shippers automated quotes tailored to each company’s expectations, capacity and requirements.
Nikola Corp. founder Trevor Milton lost a bid for a new trial on a claim of juror bias.
A small group of New Jersey workers at a division of Werner has voted to be represented by a union, a first for the giant truckload carrier.
Arizona has settled a federal lawsuit over a wall made of shipping containers at the Mexico border that was taken down in January.
The market is still depressed, but recent layoffs and closures have fueled enough uncertainty to make some players wonder about changing market tides.
During the NMFTA’s monthly webinar, Perygee’s CEO shares how properly tracking little data helps transportation companies leverage big data insights across their organization.
Trucking companies are fleeing the market and volumes are starting to rebound. This is good for the freight industry.
Several tractor-trailers loaded with critical disaster-relief supplies provided by the nonprofit group Convoy of Hope are en route to staging areas Tuesday as Hurricane Idalia barrels toward Florida’s Gulf Coast.
A hedge fund with a stake in Yellow Corp.’s debt and equity is looking for more influence as the bankrupt company begins to unwind assets.
FedEx is levying a 5.9% general rate increase on Express and Ground shipments in a possible attempt to undercut UPS.
Major trucking lender BMO reported a deterioration in several credit measures in its third-quarter financial report.
Small trucking companies are taking over the industry. Decades of global and domestic policies have made this happen.
Following the bankruptcy of trucking giant Yellow, some 22,000 union workers are unemployed. It may be a spooky sign for the labor movement.
Workhorse Group fell short in its first try to get shareholders to more than double the number of outstanding shares in the electric step van maker.
A nationwide trucker strike in Mexico has been postponed after the group behind the protest negotiated a deal with Mexican authorities.
A new safety standard would change how FMCSA determines whether carriers and truckers are fit to operate.
ArcBest said Monday that shipments from its primary less-than-truckload customers have increased 20% since June.
Ohio-based Republic Steel has been ordered to pay nearly $4.6 million to Pennsylvania-based Beemac Trucking and Deemac Services after a federal jury determined the steel mill breached its contract by failing to pay the companies millions of dollars in outstanding invoices.
This week in Borderlands: Mexico’s truckers plan nationwide strike, blockades; $142B announced for Texas transportation infrastructure; Fresh Del Monte moving to Port Freeport; and border airport adds commercial cargo operations.
Pilot Travel Centers has been forced to shut 19 of its outlets due to the liquidation of those sites’ operator, Mountain Express.
The typical Class 8 truck gets less than 7 miles per gallon on the highway. How does a driver average more than 10 mpg?
FMCSA and NHTSA should incorporate braking technology to avoid crashes involving more than just other vehicles, AARP warns.
Knight-Swift Transportation announced late Friday that its top two executives have taken a reduction in base pay amid other cost-cutting measures at the company.
The scarred areas of Maui remain an active incident area, ALAN’s Kathy Fulton says.
Reliance Partners’ Borderless Coverage program provides shippers and logistics service providers of all sizes with coverage from the moment of pickup in the U.S. to final delivery in Mexico.
The governor of California appears to favor supporting autonomous trucking technology over labor objections.
Third-party logistics provider GXO received two solid analyses this week from the debt and equity side of the ledger.
The mayor of Minneapolis vetoed a proposal that would have set a $1.40-per-mile minimum pay for Uber and Lyft drivers. (Photo: Jim Allen/FreightWaves)
The freight market downturn has made profitability elusive.
Jim Ward, president of the Truckload Carriers Association, joins Taking The Hire Road to discuss how the organization is elevating the industry.
Issues in the yard can threaten tight delivery windows just as much as issues on the road. Every inefficiency in the supply chain creates a domino effect, but so does every improvement.
Moving company WayForth is laying off hundreds and closing operations across eight states following a downturn in business.
Recent estimates on the current level of employment in the transportation and warehousing sector by the BLS are probably too high.
As the market continues to challenge brokers and carriers alike, freight agents need an organization to call home that allows them to advance their business. TAB provides that – — as evidenced by its 40% year-over-year growth for the past seven years that continues today.
A new app from Finloc 2000 allows carriers, drivers and, soon, freight brokers to book overnight truck parking, addressing an issue that plagues the U.S. trucking industry.