Trucking fuel costs and retail pump prices aren’t marching in lockstep
An annual ATRI survey reflects the weakening correlation between retail diesel prices and actual trucking fuel costs.
An annual ATRI survey reflects the weakening correlation between retail diesel prices and actual trucking fuel costs.
Supply chain shortfalls continue to hamper retailers; Peloton’s pivot; protecting peak season cargo; UPS contract talk heats up now on demand on WHAT THE TRUCK?!?
Experts discuss the different scopes of emissions in supply chains and how warehouse operators and fleets can take advantage of efficiency gains to lower emissions.
Walmart announced a new high-tech consolidation center in Pennsylvania, creating up to 1,000 jobs, will open soon.
A FreightWaves survey of carriers suggests most believe California’s AB5 independent contractor law will affect their business.
Pitt Ohio initiates direct service into and out of New York state.
Cass data shows changes in freight shipments and expenditures during July were less volatile when compared to prior months.
This year’s performance will not be as explosive as last year’s. But it will still be very good, a 3PL industry expert says.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Texas bridge expanding to include full cross-border commercial trucks; Mexico’s heavy-truck production, exports soar in July; Texas port receives $13.6M to renovate rail yard; and trucking company owner sentenced to prison for $12.7M fraud.
Navistar is recalling 8,483 International LT and LoneStar Class 8 trucks because battery cables can overheat to 260 degrees Fahrenheit.
President Joe Biden plans to sign the Democrats’ inflation bill containing tax credits for all electric trucks — with a particular boost for last-mile delivery.
Fitness company Peloton plans to turn over all final-mile business to J.B. Hunt and XPO in the coming weeks.
How supply chain bullwhips will impact peak season; getting vets jobs in trucking; truck load market breakdown and more on WHAT THE TRUCK?!?
A new name in electric truck charging and infrastructure broke cover this week with $1 billion or more in private equity funding.
Reliance Partners’ Robert Kaferle dives into FMCA’s DataQs system, what it is and why you should be eager to use it.
Eric Sauer, who has worked for CTA for more than 20 years, has become its new CEO.
EV maker Arrival, which has a 10,000 van order from UPS, said it would only produce 20 vehicles this year, down from an estimated 400 to 600 just one quarter ago.
There’s a new report out that should concern diesel buyers.
In this issue: port protests hit Baltimore; Ford’s drone trucks; world’s largest container ship; and do delivery apps deliver to trucks?
DAT accuses Convoy of contract violations. Convoy calls DAT a “monopolist” looking to thwart competition at any cost.
Daimler Truck posted improved revenue and income in Q2 but expressed full-year concerns because of Russia’s war on Ukraine.
Federal prosecutors on Wednesday dropped a fraud case against two former Celadon trucking company executives.
Temporary Postal Service rate increases on peak-season parcel-delivery services will come down hardest on heavier packages traveling more than 601 miles.
Hyliion still depends on its hybrid electric booster for its revenue, but the orderbook expanded 11% for the Hypertruck ERX in Q2.
A survey on truck driver compensation by the American Trucking Associations showed the scope of the gains in driver pay over the last two years.
Nikola Chairman Steve Girsky recruited Michael Lohscheller to lead Opel when Girsky was at General Motors. Now he’s done it again.
Mubadala Capital announces acquisition of Ontario-based Canada Cartage, one of the largest carriers in Canada.
Washington state is weighing options after agreeing not to appeal FMCSA’s preemption determination on the state’s truck driver meal/rest break laws.
The U.S. Postal Service has reported single-digit drops in shipping activity compared to last year’s more robust pace.
Workhorse Group recorded next to no revenue in the second quarter as CEO Rich Dauch’s transformation hits the one-year mark.
An appellate court reversed a lower court decision and found that a one-time Schneider independent contractor was actually an employee.
FreezPak Logistics and BG Capital are partnering to build $1 billion in new cold storage space in port-centric markets across the U.S.
FedEx says it will move up the start date of its peak-season surcharges to Sept. 5.
Ongoing deflationary market conditions are likely to continue causing challenges for these spot-dependent carriers even as the fall and holiday freight surge approaches.
On demand on WTT: it’s all about pain relief from trucker check calls, final mile planning, eating, and body discomfort
Convoy and FreightWaves experts discuss the effects that extreme weather conditions such as flash flooding have on truckers.
A vote to be represented by the Teamsters at an STG facility in California has taken place but the ballots have been impounded.
Hyzon Motors, which went public a year ago in a merger with a blank check shell company, is the latest electrification startup in trouble.
Paccar Inc. recalls 54 Peterbilt and Kenworth models from the 2022-2023 model years because of faulty steering gear assembly.
AskWaves dives into the different sources of emissions for electric vehicles compared to fossil fuel-powered vehicles.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: CBP urges trade community to adopt electronic export manifest; GXO to close Fort Worth, Texas, facility, lay off 116 workers; FedEx Ground opening distribution center near Houston; and Hisun Motors Corp opens $105M plant in Mexico.
This week: Ally Logistics helps support reefs off the coast of West Maui, Carrier Logistics donates to an autism awareness group and CMA CGM drops the first of two buoys to help monitor the whale population off the East Coast.
A court-appointed receiver is working to get hundreds of truckers’ accounts receivable paid nearly three weeks after a legal feud between brothers led to the abrupt shutdown of CoreFund Capital, a Texas-based factoring company.
XPO recorded several records in its second-quarter earnings as it prepares to turn over Brad Jacobs’ CEO seat to Mario Harik.
Logistics technology provider Slync.io announced Friday it has fired Chris Kirchner as CEO and removed him as chairman of the company’s board of directors.
As technology catered to the transportation industry continues to evolve, players across the industry are becoming more aware of the importance of data security and transparency.
Covenant VP of Sustainability joins WTT as co-host for this special electric truck edition of the show featuring solutions from Tandem, Hyliion, Nikola and more
A Texas woman who murdered her trucking magnate husband has been indicted in a $9 million fraud involving Bill Hall Jr. Trucking.
Jobs in the truck transportation sector have risen every month post-pandemic except one, but the pace of growth is slowing.
Shareholder letters and earnings call transcripts don’t qualify as page-turning vacation reading. But they say a lot.
Delivery carriers Parcel LaserShip and OnTrac have announced residential ground deliveries with day-definite service.
Supply chain technology provider Trimble reported transportation revenue of $150 million for the second quarter.
Diesel has been sliding for weeks but it may be masking underlying tightness. Also on the podcast: Carrier Logistics on TMS.
Western Star mashes up the off-highway ruggedness of its X-series with loads of luxury appointments on the on-highway 57X.
Mario Harik will succeed Brad Jacobs following the spinoff of XPO’s brokerage business. Jacobs will become XPO’s executive chairman.
Consider your safety program as a rocket engine. How it’s designed and implemented is crucial.
Even though macroeconomic uncertainties lie ahead, Hub Group expects to find support in the medium term through improving rail service, market conditions that encourage more conversions to rail and the diversification of its business, executives said on Wednesday’s earnings call.
Werner reported revenue of $836 million in the quarter and sees a strong “pipeline” of demand from customers for the remainder of the year.
The HVUT is a tax applied annually to many heavy commercial vehicles. How do you know if your vehicles are affected?
Nikola Corp. losses widened in Q2, but adjusted per share earnings and revenue topped estimates as deliveries rose.
The “diesel nut” project between Chevron and Texas A&M AgriLife researchers aims to create a new breed of peanuts as a renewable fuel source.
Fleets are holding off on Class 8 truck orders because supply shortages continue to delay acceptance of 2023 bookings.
Truckload carrier U.S. Xpress’ internal startup Variant continues to struggle with high turnover and declining utilization.
Yellow Corp.’s bottom-line numbers show solid gains despite double-digit daily tonnage declines.
Fleetcor Technologies Inc. on Wednesday reported revenues of $861 million in its second-quarter earnings.
FreightCaviar co-hosts with Dooner and The Dude as they tackle truck parking, nearshoring, offshoring, worst name for a trucking company and more on WTT
Trade Association for Logistics Professionals will advocate for all contractor interests, not just FedEx Ground, the group’s leader says.
TuSimple CEO Xiaodi Hou responded to a federal safety investigation that raised concerns about a potential setback to its driverless truck technology.
Proxy hunters bagged enough votes to give electric truck maker Nikola the financial flexibility it had been seeking since June.
Daseke officials expect strong demand from industrial customers like Caterpillar to help the company grow revenue up to 15% by the end of the year. (Photo: Jim Allen/FreightWaves)
The Democrats’ inflation bill pares down ‘Build Back Better’ but includes $3 billion to help ports and terminals cut pollution.
UPS has achieved brand value of $38.5 billion, a 28% increase over 2021.
Transportation data showed further loosening during July, according to a supply chain survey released Tuesday.
On Jennifer Rumsey’s second day as CEO, Cummins Inc. reported strong Q2 earnings in North America.
Netradyne’s Nick Grome dives into the power of positive feedback through the Driver•i dashcam.
California’s PAGA law, which turns private citizens into mini-prosecutors, may become the key to enforcing AB5 in trucking.
Truckers being sued by the city of Oakland and port commissioners over a weeklong protest over AB5 are claiming a small victory Monday after Alameda County Superior Court Judge Delbert Gee didn’t immediately grant the temporary restraining order port officials were seeking.
TravelCenters of America Inc. tops $3 billion in revenue for the second quarter.
Sustainability experts discuss how the transition to net-zero emissions in trucking will not look the same for every company.
Schneider is joining fleets testing highway autonomy, starting commercial pilots in supervised Aurora Innovation trucks this week.
Unsure that financially struggling Romeo Power could keep supplying batteries for its electric trucks, Nikola is buying the company.
Trucker hats have been part of American culture since they first sprang up in the 1960s as promotional giveaways.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Arrive Logistics opens San Antonio office; US-Mexico cross-border freight totals $66B in May; Taiwan electronics maker expands in Mexico, adding 3,000 jobs; and CBP intercepts first-in-nation pest in South Texas.
¬¬For businesses across industries, ESG (initiatives have become established as vital to remaining competitive, and trucking’s flatbed sector is no different.
Truck drivers should expect at least a Level 3 inspection when they stop at a weigh station.
Some 80 Houston owner-operators have been on strike against Hudd Transportation since Monday.
Transport and logistics giant TFI posted quarterly gains across the board and raised the outlook for the rest of the year.
Sending cargo on a rideshare to space; latest in dash cam tech; how EV and chips bill will impact auto; owner-ops say their making less money this year and more on WTT
Piece-level tracking gives XPO employees and customers real-time visibility for tracking LTL shipments.
Nuclear verdicts do not just impact the defendants; they drive insurance rates up for companies across the industry, as well as the motoring public.
A proof-of-concept step van with four-wheel steering by wire and 57% better aerodynamics could revolutionize the segment
As fleet operators begin to incorporate electric trucks into their fleets, they are turning their attention to two areas: regulations and infrastructure.
ArcBest reported better-than-expected results again during the second quarter.
FedEx Ground could have made Sunday deliveries work if it stuck to its knitting, consultant says.
P.A.M. Transportation Services reported better-than-expected second-quarter results Thursday.
Hundreds of small-business truckers who use CoreFund Capital to factor their accounts receivable are struggling to stay afloat after the company abruptly closed its doors.
Schneider National beat second-quarter expectations even with a precipitous drop in gains on sale.
Share gains come despite another net loss, sharp drop in operating income
CO2 shortages strike breweries; Senate bill proposes $40k tax credit for electric semis; a look at a limp dry van spot market and more
In today’s market, it is less about whether a carrier can afford to implement predictive maintenance and more about whether they can afford not to.