XPO, RXO financial targets imply no letup through 2027
XPO Logistics issued long-term financial targets for its less-than-truckload segment and its brokerage unit, which will be spun off next month.
XPO Logistics issued long-term financial targets for its less-than-truckload segment and its brokerage unit, which will be spun off next month.
First-to-report Marten was solidly better than a year ago but with some signs of a slowdown from the second quarter.
An overview of F3: Future of Freight Festival and the key speakers.
Two key provisions in the Department of Labor’s proposed independent contractor rule could pose problems for transportation companies.
Carriers facing cost and margin pressures are unlikely to back off holiday delivery levies, analysts say.
Federal regulators have not renewed a work rule exemption for truck drivers responding to the pandemic, a move supported by ATA and truck safety advocates.
This week in Borderlands: Texas fleets seek foreign drivers to solve labor shortage; Nuvocargo names new head of engineering; Union Pacific-sponsored training center to open in New Mexico; and Mexican resident pleads guilty in double-brokering scheme.
This week: J.B. Hunt launches a scholarship program for employee dependents and grandchildren, Maersk’s rainbow container is enjoyed by employees in Cape Town, South Africa, and Schneider receives its 14th Ride of Pride truck.
Nikola founder Trevor Milton on Friday was found guilty of three counts of fraud and will be sentenced Jan. 27.
On this episode of the podcast: how college game day starts with a truck; a trucking apparel and charity brand; what’s UCR; driver training and more
TruckWings, the aerodynamic invention of Daniel Burrows, has more value than just the half-billion miles of on-road experience.
Cass data was positive year over year in September but the report suggests the trend is set to reverse.
Each year carriers must pay their Unified Carrier Registration fees, and failure to do so could result in significant penalties, including suspension of vehicle registrations.
The Trevor Milton fraud trial heads for jury deliberations Friday following invective-tinged final arguments.
Reliance Partners’ Robert Kaferle details the gear every trucker should have to survive an emergency situation this winter.
Inside the WHAT THE TRUCK?!? newsletter; is Tesla Semi breakdown a big deal; TikTok gets into fulfillment; Amazon parks delivery robot and more
A Texas cold storage facility at the center of a massive beef recall recently laid off 64 employees.
Freight broker Transfix announced it has terminated plans to go public. Instead, it will seek private funding from current investors.
The Volvo VNR Electric lacks a nifty interior, but two extra battery packs add serious range on a single charge.
While earnings estimates remain largely intact for 2022, a September slowdown pushed analysts to take another look at 2023 forecasts.
Mexico ranked as the United States’ top trading partner in August, accounting for $70.3 billion in cross-border commerce according to the most recent data from the U.S. Census Bureau. It […]
Kenan Advantage Group (KAG) subsidiary KAG Logistics (KAGL) announced Wednesday the acquisition of Canadian 3PL Connectrans Logistics. Financial terms of the transaction were not provided. Based in the Toronto area, […]
Canadian carrier Bison Transport announced Wednesday it will be acquiring Pottle’s Transportation on Oct. 31. Financial terms of the transaction were not provided. Hermon, Maine-based Pottle’s operates a truckload fleet […]
Contract rates still face downward pressure, especially for live/live loads.
A highly regarded survey of less-than-truckload shippers showed Peninsula Truck Lines was the top overall provider based on value and loyalty.
California truck driver Jesus Manuel Salgado is facing four counts of first-degree murder. Salgado is accused of kidnapping and killing four family members from their trucking business.
Bay and Bay sells its tank transportation business to the largest food-grade hauler in the U.S.
Plans to order more inventory have fallen to a record low, according to Morgan Stanley. There’s far too much stuff and not enough demand.
A new proposed independent contractor rule from the Department of Labor could increase costs for trucking as well as for Uber and Lyft.
Updated ATRI research shows that a truck driver who disobeys traffic signals leading to a crash is 243% more likely to have another accident.
TA Services announced that it has acquired California-based broker KPI Logistics.
XPO Logistics announced the spinoff of its brokerage unit has been blessed by its board with share distribution scheduled for Nov 1.
Cummins Inc. adds Minnesota to a growing list of global sites where it is manufacturing electrolyzers for green hydrogen.
NFI Industries acquires container drayage and warehousing provider MCO Transport.
Reliance Partners’ Brian Runnels discusses the trickiness of lanes.
Deutsche Post DHL posted strong gains at its Express, freight forwarding and supply chain units.
AskWaves looks at some of the challenges in the long-haul segment of an LTL network.
FedEx goes big with a record GRI. UPS, facing a spike in labor costs, may go bigger.
As search-and-rescue efforts continue in areas decimated by Hurricane Ian, nonprofit trucking groups are banding together to help survivors of the Category 4 storm.
A Cowen panel lends support to transitioning a trucking company to a brokerage company as a path to compliance with California’s AB5 independent contractor law.
This week in Borderlands: new customs requirements in Mexico complicate the trade industry; U.S. rail manufacturers accuse China and Mexico of unfair import pricing; the Port of Corpus Christi partners with Mitsubishi for an ammonia plant; and FedEx offers discounted rates to shippers in Mexico.
FedEx Ground cited weakening macro conditions in reducing its holiday demand forecast.
Romeo Power founder Michael Patterson shares what happened at the startup battery maker as a cautionary tale for other SPAC-backed startups.
Truck transportation jobs in September dropped by an amount exceeded in the last 10 years only by the start of the pandemic.
Elon Musk tweeted that Tesla is starting production of its Semi electric commercial truck.
Volvo Trucks North America is making vehicle as a service mandatory for buyers of its Class 8 electric trucks.
Slack delivery capacity could finally give Amazon the incentive to insource volumes handled by UPS.
Federal regulators say there is not enough data to justify an exemption for pulsing brake lights on trucks
Workers, including truck drivers, have walked off the job at two Sysco facilities in the Northeast.
Jake McPaul, who led Misfits Market’s logistics operation during the COVID-19 pandemic, will lead Warp’s new Fresh Freight division.
Radiant Logistics announced Wednesday it has acquired a strategic operating partner in Minnesota.
Radiant Logistics will restate financial results for 2021 and the first three quarters of 2022, according to a filing with the Securities and Exchange Commission.
The outlook for truckload demand is flat to down and more capacity continues to enter the market, according to Uber Freight senior economist Mazen Danaf.
Automaker Volkswagen is opening a new shipping hub in South Texas to import more than 140,000 vehicles a year.
All the essential tools for shipping are centralized on Mothership’s dashboard, creating unmatched reliability and efficiency in your final-mile supply chain.
After nearly a year of accepting only orders they were sure they could build, heavy-duty truck OEMs fully opened orderbooks in September.
A proposal to allow regulators to review hair tests to screen truck drivers for drugs faces strong opposition from large groups of truckers.
The U.S. Postal Service on Tuesday set its cutoff dates for shipments to be tendered in time to be delivered by Christmas Day. Shipments moving under the Postal Service’s Retail […]
Transportation capacity increased for a sixth consecutive month in September with prices falling for a third straight time, according to data released Tuesday. The Logistics Managers’ Index (LMI), which is […]
FedEx acquires 7.9 million shares at a cost of $1.5 billion.
The ABF subsidiary ArcBest began hiring days last year to help aid in recruitment; FreightWaves was invited to one.
ITS Logistics has announced a $100 million investment to build a 1 million-square-foot distribution warehouse in Fort Worth, Texas.
J.B. Hunt Transport Services said Monday it has expanded its transloading capabilities to include Seattle and Laredo, Texas.
Lone Star Dedicated of Haslet, Texas, will be closing its doors in October with nearly 90 company drivers losing their jobs hauling refrigerated food nationwide.
Reliance Partners’ Brian Runnels reacts to the results of this year’s International Roadcheck. He ponders whether drivers should take all the heat, but also says greater action can always be taken to mitigate violations.
Werner Enterprises announced its third acquisition since last summer on Monday, adding Baylor Trucking to its one-way operation at an undisclosed price.
This week: XPO driver reaches 4 million safe driving miles, Walmart opens a new facility in Illinois and donates to local charities and Getir donates over 80,000 pounds of food to nonprofits.
The federal agency that enforces laws against workplace discrimination has sued a New York-based trucking company for not hiring females.
Prosecutors rested their federal fraud case against Nikola founder Trevor Milton on Friday after three weeks.
Analysts are predicting that carriers won’t experience a typical peak season. That’s bad news for the trucking industry.
Flatbed carrier Daseke said Friday it would repurchase $40 million in stock, following an April request from an activist investor to do so.
McClellan Trucking and Duran Transfer, which contract with the U.S. Postal Service to haul mail, have filed for Chapter 11 bankruptcy.
Daimler Truck CEO Martin Daum has strong opinions on cabovers versus conventional trucks, fuel cells and other issues.
A new 80-page handbook from DOT gives local planners detailed information for planning and designing truck parking facilities.
The Federal Trade Commission plans on getting involved in questions of independent contractor status.
The Owner-Operator Independent Drivers Association has asked for a halt to the U.S. border vaccine mandate.
Steamship lines sometimes offer an included chassis for trucking companies. Similarly, non-vessel operating common carriers sometimes offer a chassis program linked to the chassis pools for their carrier partners. While these offers may sound attractive, is a typical “chassis deal” really a deal at all?
Federal regulators are considering loosening driver work-rule restrictions for propane haulers during periods of peak consumer demand.
One area that carriers have emphasized this year is “ugly freight” – or non-conveyable shipments. These are packages that are hard to put through their automated systems.
Hurricane Ian came ashore in Fort Myers, Florida, just before noon Wednesday. Transportation is starting to feel the impact, with road and port closures in effect.
Kodiak Robotics and Werner Enterprises completed a 152-hour autonomous freight trucking pilot between Dallas and Lake City, Florida.
Logistics real estate operator Prologis said Wednesday that its planned acquisition of Duke Realty has received shareholder approval.
On demand on WTT: Hurricane Ian makes landfall in Florida, Waffle Hose Index, freight impacts, logistics hiring, and FreightTech for temperature control
Clean Energy opened a renewable natural gas station in Groveport, Ohio, as part of an agreement with Amazon.
CEO Doug Waggoner says Echo Global Logistics’ growth will exceed its plan for both gross revenue and profitability as the company continues to look for acquisitions.
A nonprofit trucking group is partnering with a volunteer-run disaster-relief organization to collect and deliver critical supplies as Hurricane Ian intensified into a Category 4 system and is expected to pound Florida’s southwest coast late Wednesday morning.
Port officials and carriers prepare for hurricanes and other emergency situations year-round.
FEMA released a list of the first steps it is taking to prepare for relief efforts tied to Hurricane Ian.
“Their truck-first mentality is the right approach to win the highly fragmented road freight industry,” says a Founders Fund partner on its recent investment.
IMI’s Bob Bortner steps through the MILCURE wheel refinishing process on FreightWaves’ WHAT THE TRUCK?!?
Bestpass’ Jason Walker says although it’s not the first priority of most fleets, tolls are something they must get under control in order to focus on the things they were actually hired to do.
Federal regulators are easing training requirements for UPS truckers who want to drive double trailers.
When the floor on auction prices of used trucks is reached late this year, they will still be 20% higher than pre-COVID prices.
XPO Logistics announces board members for RXO, its brokerage unit that will be spun off in the fourth quarter.
On demand on WTT: Ford needs badges for 40k vehicles; Nikola recalls all of their electric trucks; OOIDA fights for OT pay and more
As the trucking industry prepares for Hurricane Ian, FreightWaves CEO Craig Fuller offers advice to truckers interested in hauling FEMA loads.
Netradyne’s Adam Kahn suggests the most effective way to train and retain drivers is to review their performance in full — both the good and the ugly.
Danny Gomez and Tyler Cole, who have both hosted FreightWaves’ Net-Zero Carbon over the past year, discuss what they have learned.
The hurricane could hit central Florida later this week, causing Tampa-area port facilities to brace for Ian’s impact.
Florida Gov. Ron DeSantis is waiving trucking restrictions as Hurricane Ian tracks into Florida.