FedEx Freight to begin driver furloughs next month
The furloughs are set to begin in early December, and will be voluntary, the unit says.
The furloughs are set to begin in early December, and will be voluntary, the unit says.
FedEx Ground is unlikely to experience large-scale contractor defections during peak season despite dissatisfaction with the level of financial incentives to get them through the cycle.
The Department of Labor is seeking comments on its proposed independent contractor rule, and the trucking world is stepping up.
Now ondemand on WHAT THE TRUCK?!? we’re focusing on business, employment, and mental health strategies to use during a bear market
CVSA is skeptical about whether third-party certification can alleviate delays encountered by roadside inspectors.
How does nearly three years as a nuclear machinist’s mate in the U.S. Navy prepare someone to be CEO of Wabash?
PS Logistics said Thursday its fifth acquisition of the year will expand coverage in the Southeast.
The U.S. Postal Service plans to freeze rates on Parcel Select Ground and new Connect Local services but will institute a big increase on First Class Package Service.
Radiant Logistics said Wednesday it needed more time to complete a restatement of financials and submit results to the SEC.
The U.S. Postal Service posted declines in package-delivery revenue and volume.
“You can’t challenge a piece of missing information that’s required; it’s either there or it’s not.”
RoadSync and Fullbay have a deal that should assist in more rapid payments at repair shops.
Trucking executives are hopeful the first half of 2023 brings a cycle recovery.
A Michigan jury has awarded $7.7 million to a man who was seriously injured in 2018 when the wheel came loose from a box truck heading in the opposite direction, jumped the median and crashed into the front of his vehicle.
Brokerage giant C.H. Robinson will focus its head-count reductions on upper- to mid-level management, sources say.
In a stunning announcement, an analyst and his company that could be seen as skeptical of XPO’s prospects won’t be tracking the company moving forward.
The first meeting of federal panel aimed at promoting women in trucking includes shots taken at a study that one member asserted downplays the prevalence of rape.
Flatbed hauler Daseke said its trucks remain “booked solid” and that it will look to use cost and efficiency initiatives to improve results again in 2023.
Mexico stayed the top U.S. trade partner for September, accounting for more than $67 billion in cross-border commerce.
Freight brokerages see more frequent bid events as opportunities to take market share.
“If this legislation were to pass, the big carriers would be able to pressure shippers and receivers to load their drivers who are on the clock sitting at the loading dock,” Lewie Pugh, OOIDA executive vice president, said.
Mark Russell has been selling converted options in Nikola daily since mid-September, which is not a good look for a company CEO.
The idea that America has a truck driver shortage isn’t going away so easily, and it’s shaping major policy.
Truck driver Leland Schmitt’s bid to be exempt from federal work rules was denied by regulators.
German shipping and logistics giant Deutsche Post DHL has raised its full-year profit guidance to a record of $8.38 billion.
With the recent launch of Tomorrow.io’s Real-Time Monitoring system, companies are able to receive granular, real-time weather information relevant to their moving assets.
Weather safety starts well before the first raindrop or snowflake falls, so shippers should look for carriers, like PGT Trucking, that have strong proactive internal processes in place.
Forward Air said Monday it has entered into an agreement to acquire an intermodal drayage provider with locations in Mobile, Alabama, and Memphis, Tennessee.
Truckload carrier Ascend announced the acquisition of Wisconsin-based Fuchs Trucking, a regional carrier with 96 trucks and 90 drivers. (Photo: Fuchs Trucking)
Forum Mobility, a startup in California, is focusing on zero-emission transportation by creating more charging facilities and offering EV trucking-as-a-service to drayage carriers.
Daimler Truck North America is taking no chances that a brake module corrosion issue is more widespread than it thinks.
FedEx will suspend money-back guarantees on U.S. and air export next-day air shipments for nearly three weeks.
Werner Enterprises announced the acquisition of freight broker ReedTMS Logistics for $112.4 million. The deal also included a small dedicated carrier.
This week in Borderlands: A cyberattack disrupts Mexico’s transportation systems; Heniff Transportation acquires a Texas tanker carrier; Bendix expands in Mexico and the CBP seizes $24 million in drugs the border.
The Port of Houston announced it will begin implementing fees for long-dwell containers beginning Dec. 1.
DHL Express’ tariff hike will exceed the increases by FedEx and UPS.
Echo Global Logistics said it has acquired Fastmore Logistics, a brokerage with a specialized carrier network and expertise selling to international freight forwarders.
October hiring in the truck transportation sector took a surprising turn upward in October, according to BLS data.
Class 8 truck orders remained strong in October, but lower profits at truckload companies may cool bookings.
Trucking officials talk about survival lessons they’ve learned from previous freight recessions.
Fleet growth will be held steady as the truckload carrier pivots back to a more traditional model.
The $3.3 billion acquisition of Meritor Inc. took a bite out of Cummins’ Q3 earnings as did underperforming joint ventures in China.
project44 has secured $80 million in funding to create a system to measure supply chain emissions globally.
Holiday sales will decline by up to 50% from 2021 levels, but they will still be healthy despite macroeconomic concerns, according to the National Retail Federation (NRF).
Nikola Corp. is laying off 7% of its workforce and slowing electric production because making more increases the loss.
Transfix’s head of product talks about the company’s new contract structure at F3.
Convoy’s co-founder said he’s seeing an increasing number of smaller truck carriers parking their vehicles.
Werner Enterprises has built a model to perform on the downside of the cycle. Management believes the carrier may be better positioned to do so than in the past.
Less-than-truckload carrier Yellow Corp. navigates second year of volume declines amid network overhaul.
Supply chain technology provider Trimble Inc.’s transportation revenue dropped 10% in the third quarter.
Einride will be building electric vehicle charging stations to support Maersk’s deployment of its E-truck, starting with a facility near the Port of Los Angeles.
Harry Broadman said during a presentation at FreightWaves’ F3: Future of Freight Festival that technology can create jobs, just not the same type of jobs.
Heartland Express said recent fleet acquisitions will take three years to match the level of its legacy operations.
The deal announced Wednesday marks Ryder System’s second purchase of an e-fulfillment company in less than a year.
Mexican logistics systems are lagging and they need to be improved to capitalize on a great opportunity, Solvento CEO Jaime Tabachnik said at FreightWaves’ F3: Future of Freight Festival.
Transportation capacity grew during October at the fastest pace captured in the history of a 6-year-old data set.
TravelCenters of America Inc. announced Tuesday it topped $2.8 billion in revenue for the third quarter.
The unit’s “space and pace” program will bypass the class-rates formula in favor of pricing based on dimensions and weight.
Embark Trucks is expanding into several key markets to create a coast-to-coast autonomous trucking network of transfer locations.
XPO announced Tuesday that it has spun off brokerage unit RXO, which is now a separately traded company.
ArcBest beats expectations in a noisy third quarter. Tonnage declines and cost inflation during the fourth quarter will put the model to the test.
A connected ecosystem supported by multiple stakeholders is the best answer to the fragmentation that drives up costs and hurts service, according to J.B. Hunt’s Spencer Frazier.
Uber Freight’s EBITDA was barely positive in the third quarter on a decline in revenue.
Truckload carriers prepare for the other side of the freight boom.
Logistics startup Newtrul has raised an additional $5 million to be the “Expedia” of freight booking.
Less-than-truckload carrier Saia slightly missed third-quarter expectations and noted volumes softened as the quarter progressed.
XPO Logistics’ third-quarter results were at the high end of preannounced ranges. The fourth-quarter outlook calls for continued growth but with some cost pressures.
Uber Freight and Transplace are now fully consolidated, and its leaders are touting the benefits.
Last week saw a number of updates on port infrastructure funding and terminal project statuses.
This week in Borderlands: $83M bridge expansion project targets expanding Mexico trade; Volkswagen invests $763M in its Mexico plant; Texas border checkpoint receives $165M for expansion; and the Port of Harlingen awarded grant to improve dock.
DOT should consider trucking and other supply chain costs in its push to expand off-site and inland container facilities, transportation executives caution.
Ruan announced the acquisition of Michigan-based regional carrier NTB on Friday.
In the first earnings call since its AB5-driven deal with the Teamsters, Universal CEO Tim Phillips speaks positively about its impact.
TFI posts strong third-quarter results and boosts its dividend by 30%. But much of the focus is on the work in progress at T-Force Freight.
Traton Group relied on Navistar to boost nine-month sales by 11% while a litany of industry issues pressured income.
Driver-facing cameras are seen as intrusive and an invasion of privacy in the truck-driving community. Yet fleets are rapidly adopting them.
Trucker Path bridges the gap between brokers and carriers, connecting over 1,000 brokers with over 1 million app users.
The intersection of natural gas and diesel has likely never been more volatile than it is going into the coming winter.
Hub Group reported year-over-year increases in its intermodal, logistics and truck brokerage segments during the third quarter.
Amazon reported a third-quarter sales deceleration that it says will persist into the holidays.
A Borderless Coverage risk management strategy equips shippers for Mexico’s many challenges.
Schneider National beat expectations for the third quarter but pulled in guidance as peak season is likely to be “muted.”
Forward Air highlights several growth opportunities that will push results higher again in 2023 even if the economy slows further.
Weather-related hazards cause over 1.2 million vehicle accidents each year, yet leading trucking firms still lack a streamlined system to identify which of their drivers are at risk due to adverse weather conditions.
Used truck prices helped Ryder in comparison to last year, but the market is weak going forward.
Trailer and final-mile equipment maker Wabash crushed third-quarter earnings estimates and built its backlog for a rainy day.
Most of the commentary from management teams is pessimistic about the macroeconomy.
A reversion to the mean will occur after two strong years, Armstrong & Associates predicts.
Old Dominion said Wednesday that it’s likely more than half way through this volume downturn.
Mexico’s Congress approved a bill Wednesday to end daylight saving time in most states, potentially affecting cross-border trade.
The American Trucking Associations puts the shortfall of truck drivers at 78,000 this year, down slightly from 2021 but still high.
Daimler Truck’s cellcentric joint venture with Volvo Group is a fuel cell truck first, but a big battery pack makes it a parallel hybrid.
Federal regulators are considering a rule that would give carriers greater access to broker transaction records.
California and Mexico sign a toll revenue-sharing plan to help fund a new border crossing south of San Diego.
The maker of Kenworth, Peterbilt and DAF Trucks reported record Q3 net income on strong across-the-business performance.
UPS reported higher-than-expected earnings per share and reaffirmed its full-year targets.
Barge movement on the Mississippi River continues to be impaired by low-water levels with no end in sight.
Shippers are expected to do their due diligence when it comes to choosing carrier partners. That includes choosing companies that are working within FMCSA guidelines, a task that requires knowledge of said guidelines.
The city’s industrial real estate market is experiencing an acute supply shortage with little space to be found, according to a Colliers International report.
American Truck Associations President Chris Spear lived up to his last name in an annual address excoriating industry foes.