TFI’s chief downplayed any talk that goes beyond operational synergies, but analyst Jason Seidl said TFI wants to marry ArcBest.
Less-than-truckload carrier Yellow filed revised notifications with the Teamsters seeking more subdued changes to operations after receiving pushback from the union.
A monthly survey of supply chain executives released Tuesday revealed signals that transportation markets could be poised for a recovery.
Less-than-truckload booking platform MyCarrier is automating insurance coverage for the 10,000 shipments it is booking daily.
TFI posted in-line fourth-quarter EPS. Revenue was down in a tough operating environment.
A maritime law judge has ruled that ocean carriers violate the Shipping Act when they limit container chassis choices for intermodal truckers.
Glenn Ellis was named the first American-born president and chairman of the Japan-based U.S. unit of Hino Trucks.
Daseke said Monday that supply constraints and cost inflation will again push flatbed rates to new highs in 2025.
Ongoing education — from short training to complete degree programs — is one of the best ways to keep employees from feeling stagnant. Companies that offer access to those opportunities will have an edge when recruiting and retaining today’s future-minded workers.
Former Celadon trucking officials have settled a fraud case with the Securities and Exchange Commission.
For more than 50 years, a familylike bond has existed between FedEx management and employees. After a round of job cuts unprecedented in scope, that bond rests on shaky ground.
Engine maker Cummins Inc. posted 2022 records in key financial metrics as it worked to integrate its Meritor acquisition.
This week in Borderlands: Xcell Logistics sees big opportunities with cross-border trade; BMW to invest around $800M in Mexico in EV push; sensor-maker announces new factory in Mexico, creating 700 jobs; and Careismatic Brands moves into major distribution hub in Dallas.
Class 8 truck orders in January fell year over year for the first time since August, lightening the 2023 backlog.
FedEx Freight on Friday announced the second round of temporary furloughs of drivers in past three months.
LTL carrier sees likely flat operating ratio in Q1 compared to Q4 of ’22.
Truckload carrier Heartland Express missed fourth-quarter expectations Friday.
FedEx Office plans to focus on other growth opportunities after retiring its SameDay City service, FedEx Corp. says.
ArcBest’s fourth-quarter was worse than expected as the carrier manages through the downside of the less-than-truckload cycle.
A cross-section of Industry experts offer thoughts on how transportation management systems will integrate with autonomous trucks.
The annual revision to the BLS employment model showed a lot more workers in truck transportation last year than originally estimated.
Jones Logistics said Thursday it has acquired dedicated carrier Nationwide Express.
The day after C.H. Robinson announced disappointing fourth-quarter earnings, the analyst community showed little optimism for the 3PL leader’s near-term future.
GoFreight, a startup freight shipping platform for small and midsized freight forwarders, recently raised $23 million in a Series A round.
Wednesday’s announcement of high-level cost cuts, along with word of 12,000 job reductions in all, has sent shares soaring and analysts reevaluating opinions of the company.
Schneider National provided better-than-expected fourth-quarter results Thursday, and its 2023 guidance also came in ahead of analysts’ expectations.
Aligning with certain customers on long-term supply agreements helped Wabash post Q4 and full-year records.
The initiative has built “stickiness” with drivers, broadened access to carrier capacity and resulted in better service, according to the company’s brokerage head.
If history is a guide, advanced technologies in Daimler Truck North America’s SuperTruck II prototype could end up in production.
Freight broker Landstar System sees a rocky road in the first half of 2023, with normal seasonality returning by summer.
Enterprise carrier growth shows that U.S. trucking saw more capacity enter the market in 2022, even as the economy cooled.
Interim CEO Anderson says cost savings target is $150 million by the end of the year; Global Forwarding drags down Q4 earnings.
If Mexico wants to attract more foreign manufacturers, experts say the country must take big steps to stay ahead of the global competition.
Common advice you hear regarding electric truck and bus pilots include warnings like making sure to check the vehicle specifications and starting infrastructure early.
Amid falling tonnage throughout the less-than-truckload complex, Old Dominion posts another large earnings beat.
The announcement is part of a reduction of 12,000 jobs since FedEx’s 2023 fiscal year began.
XPO, on its way to becoming a pure-play LTL carrier, received an upgrade in its debt rating from S&P Global Ratings.
After a notice Tuesday by the Federal Motor Carrier Safety Administration that it is revoking an electronic logging device — TMS ONE’s ELD ONE — from its list of self-certified ELDs, CEO Radu Murzac says the company is working on a fix and plans to have the “final issue” resolved in less than two weeks.
Freight projects around the U.S. too large for traditional federal grants have received a major cash infusion.
Less-than-truckload carrier Old Dominion moved forward with a long-term succession plan Tuesday, announcing that its chief operating officer will replace its CEO in July.
Daimler Truck created capacity for 2,000 battery-electric trucks in 2022, but the lack of charging infrastructure stunted deliveries.
In a first for the FedEx unit, it will reward or punish driver contractors based on whether they attain gold, silver or bronze grades.
Regulators are asking the public to comment on how much more federal oversight will be needed before Level 4 and 5 automation can be safely deployed.
UPS’ CFO warns of a “bumpy road” ahead, while its CEO extends an olive branch of sorts to the Teamsters ahead of contract talks.
A program launched by Walmart to recruit drivers internally has been vastly expanded.
Truck drivers should approach bridges and underpasses with caution when the temperature hovers at or below freezing.
The National Highway Traffic Safety Administration fined the Volvo Group $130 million for slow reporting of safety recalls.
Startup electric last-mile van developer Arrival cut 50% of its workforce as it tries to reduce cash burn and make it to production.
The National Motor Freight Traffic Association has been getting along for nearly 67 years. Now with new leadership and an expanded road map, it’s finally getting going.
Less-than-truckload carrier Saia implements a 6.5% general rate to offset cost inflation and advance network investment.
Through a data-driven approach, PGT Trucking proactively corrects unsafe driving behavior before an accident occurs, leading to improvements in driver safety, retention and efficiency.
There are encouraging signs that demand is returning to the U.S. trucking market, based on high-frequency truckload volume data from FreightWaves SONAR.
This week in Borderlands: Port Laredo ranks No. 1 for U.S.-Mexico agricultural trade; RJW Logistics to open shipping hub near Dallas; major logistics facility set for Nuevo Laredo; and Japanese air conditioning manufacturer investing $300M in Mexico.
Triumph Financial hit a significant milestone in the business it built from the acquisition of HubTran, but TriumphPay’s EBITDA worsened.
The former co-owner of an Iowa trucking company was sentenced Tuesday for orchestrating an elaborate $250,000 check kiting scheme. He is also facing unrelated charges in state court that he allowed more than 800 pigs to starve or freeze to death in his care in December 2021.
A FreightWaves webinar featuring CEO Craig Fuller looked at the current state of the freight market.
Container drayage TMS provider PortPro said it raised $12 million to expand tech capabilities on its platform.
Deliberate perfectly describes Paccar’s approach to trucking electrification. The company offers nine commercial electric trucks but skips the hype.
Knight-Swift Transportation’s 2023 outlook comes in as expected, potentially establishing a higher earnings trough for the carrier.
After three years in operation, FMCSA’s drug clearinghouse is ‘a great source of truth’ despite alarming trends, asserts a trucking regulatory expert.
Covenant Logistics Group is hopeful this cycle won’t bring a material earnings decline, which was the norm in prior downturns.
Marten Transport had a mostly steady quarter, with some improvements and some softness.
Current battery-charging cycles could compromise LTL network efficiency, according to the president of AAA Cooper Transportation.
Authorities in Mexico reported more than 8,000 incidents of stolen cargo trucks and trailers in 2022.
Volvo Group set a fourth-quarter record for deliveries, but the OEM said supply chain disruptions and energy costs would impact business.
Covenant Logistics Group missed fourth-quarter expectations even when excluding expenses incurred onboarding equipment.
Nikola coined HYLA as the brand for its hydrogen business, and Biagi Brothers will make early fuel cell truck runs for Anheuser-Busch.
A survey of nearly 1,000 drivers found that carriers generally allow them to return home whenever they want, or not to return home at all.
FitzMark announced Wednesday it has completed its seventh acquisition in the last four years.
By the end of the week, Convoy carriers will be able to receive instant bid feedback on 98% of company-sourced loads.
To address the ongoing climate crisis and slow global warming, governments, corporations and organizations across the globe have set their sights on a greener future.
Tesla announced it is investing $3.6 billion to build two new factories in Nevada, including a facility to mass produce its all-electric Class 8 Semi truck.
Bipartisan legislation would provide new funding for truck drivers and truck parking while exempting ag haulers from hours-of-service rules.
“It’s just not going to be a very fun year, and truckers need to be a little bit more realistic about it,” says Reliance Partners’ Thom Albrecht.
An online auction on Tuesday will sell the assets of family-owned Art Mulder & Sons Trucking of Holland, Michigan, two months after the refrigerated LTL carrier ceased operations after 50 years.
Uber Freight is cutting about 3% of its workforce, all of the jobs coming out of its digital brokerage activities.
Three defendants who pleaded guilty in the Louisiana staged accident scam will get probation, not jail time.
After months of downward moves, used truck prices ended the year closer to pre-pandemic levels than anytime since COVID hit.
Temperature-controlled carrier R.E. Garrison Trucking announced it has acquired produce hauler Boaty’s Transport.
A letter of intent for 100 of its fuel cell trucks in Germany boosts Nikola’s global zero-emission aspirations.
Less-than-truckload carrier Pitt Ohio announced it has sped up service on numerous lanes in and out of the state of New York.
The government opposed a new trial for Nikola Corp. founder Trevor Milton, dismissing his allegations of juror misconduct.
This week in Borderlands: Houston’s MacroFab raises $42M to capitalize on nearshoring shift; Tesla expected to begin production of Cybertruck in Texas in 2023; Nike to open a major logistics center in Dallas; and Dana Inc. to open a new factory in Mexico.
White House economic adviser Brian Deese points to supply chain improvements while new pressures loom overseas.
The world’s first allogeneic T-cell therapy — a type of universal immunotherapy treatment that relies on donor blood — was approved in Europe earlier this month. This is a game changer for medicine. It is also a game changer for the logistics industry.
As valuations of SPAC-backed startups plummet, one autonomous trucking developer that avoided the FOMO and stayed private is thriving.
Walmart’s hiring initiative, which began with recruiting supply chain workers, is broadened to include all associates within a 50-mile radius of hiring offices.
Trailer manufacturers took in 57,300 orders in December, the second-highest monthly total since tracking began in 1996.
RoadOne IntermodaLogistics has acquired The Transporter Inc., an intermodal service provider with facilities in Houston, Dallas and Laredo, Texas.
BoxC’s data-sharing initiative with the FDA showcases the growing need for government regulators to work with supply chains to fix operational inefficiencies.
Colorado startup Outrider, which transforms distribution yards into automated operations, has raised $73 million in a Series C round.
Management from J.B. Hunt sees the potential for a rebound in freight markets by the back half of 2023.
Ryder System Inc. is set to lay off 801 employees after losing work at an Applied Materials semiconductor plant in Austin, Texas.
J.B. Hunt recorded a huge headline miss in the fourth quarter. However, excluding what may be a nonrecurring claims expense, the result was more subdued.
Mexico exported 157,522 heavy-duty trucks to the U.S. in 2022, an 18% year-over-year increase.
Bank of America analyst Ken Hoexter now has a buy rating on most of the truckload carriers he follows.
XPO announced Tuesday it has hired Wall Street analyst Ali Faghri to head its strategy initiatives.
Truck-as-a-service startup Forum Mobility enters a $400 million joint venture to establish electric drayage truck charging sites.
Teamsters United said if the Postal Service can respect the King holiday, UPS should as well.
AskWaves checks on the latest FMCSA certification requirements for medical examiners qualified in the trucking industry.
