Class 8 truck orders fell to a seven-month low in April as manufacturers continued to restrict bookings over supply chain uncertainty.
Capacity tightness was fueled by a massive demand spike along the I-55 corridor.
The nation’s top highway safety watchdog plans to push federal regulators to require a higher level of speed-limiting technology than currently proposed.
What’s good at the Port of Cleveland; spot slides again; The Future of Supply Chain; news on WHAT THE TRUCK?!?
Traton Group is glad it bought Navistar when it did. The U.S. truck and bus maker is helping offset war and other issues at the German holding company.
As spot rates tumble, shippers should consider rerunning their RFPs to lock down better prices.
Werner Enterprises continues to see solid contractual rate increases. However, it warned that newly minted carriers dependent on the spot market are likely in trouble.
TuSimple, the autonomous truck developer is delaying its purpose-built driverless truck to 2025 while slowing its roll in other areas.
Management from flatbed provider Daseke said April was “strong,” a continuation of the better-than-expected performance it recorded in the first quarter.
Freight forwarding, supply chain and express units see strong trade-related demand.
Paccurate raised $2.2 million to advance its cartonization and optimization platform.
Transportation capacity grew for the first time since May 2020, according to a monthly supply chain survey.
Expeditors suffered a serious cyberattack in the first quarter, with a loss of volume, but still managed to make more money than the first quarter of 2021.
Cummins Inc. expects to keep raising prices to stay ahead of inflation in the materials it buys for engines and powertrains.
Freight brokerage firm C.H. Robinson had its debt rating affirmed by Moody’s, with the agency seeing “disciplined” finances at the 3PL.
Working as an independent commissioned agent gives folks a level of control over both their business operations and their day-to-day schedules that is impossible to come by in a more traditional setting.
The benchmark DOE/EIA retail diesel price is at its all-time high after an almost 35-cent increase in the number since last week.
Nikola is raising money to scale its production of electric trucks through sales of new stock and tapping an equity line of credit.
Locomation expects to be the first company to deploy autonomous trucking technology safely, legally and routinely in commercial operations at scale across the United States, starting next year.
Turbulent times in trucking in with record diesel prices cutting into the cost everything, plus pyrotechnic logistics
LTL trucker Saia set several first-quarter records in its earnings report, and it will add 10 to 15 new terminals this year.
The survival of electric pickup truck startup Lordstown Motors likely hinges on completing the plant sale to Taiwan’s Foxconn.
Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.
AskWaves: What happens when an 18-wheeler gets a flat?
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s heavy-duty truck exports slump in March; Solar component maker opens Texas production line; Trucks collide near downtown San Antonio; CBP seizes $35M worth of meth in shipment of strawberry puree.
This week: J.B. Hunt recognizes its first female driver to hit 3 million safe driving miles, FedEx Ground announces its Entrepreneurs of the Year, and Walmart gives back to the community of its new distribution center.
TFI CEO Alain Bédard may want to set TForce Freight wages based on worker geographies instead of one uniform structure in upcoming talks with the Teamsters.
While consumers are directly responsible for the majority of food waste, supply chain mishaps cause 40% of food waste in North America. That includes food that spoils in transit.
Commercial vehicle crashes often make front page news, but these accidents — and resulting injuries and fatalities — are actually on the decline.
Companies across the logistics industry will need to start considering their carbon footprint as new regulations come down and consumers start voting with their dollars.
USA Truck posted its seventh consecutive quarter of record earnings Thursday and expects 2022 to be another record year, James Reed, president and CEO, said during a call with analysts Friday.
Management from ArcBest said positive yield actions are allowing it to keep reinvesting in the network, which will continue to improve service and margins.
On an earnings call with analysts, Covenant Logistics execs talked about the strong quarterly performance but noted that costs beyond fuel continue to rise.
Retention efforts across the industry tend to focus primarily on pay. While pay is certainly an important factor in retaining quality drivers, simply issuing raises is not the answer to the driver turnover issue that plagues the industry.
Nikola is helping to bring electric infrastructure companies to the Arizona desert where it has begun production of electric trucks.
The trucking industry is looking to pull young people into the industry through a new group. FreightWaves talks to the organization’s president.
Using data to optimize supply chain efficiencies can reduce costs and greenhouse gas emissions.
Customers are keen to lock in capacity for the year and mitigate risk, executives said during Hub Group’s first-quarter 2022 earnings call.
ArcBest easily beat first-quarter expectations Friday. The positive revenue trends have carried through April.
A previously convicted fraudster ran a Ponzi scheme and bilked investors out of $40 million in a truck investment venture, then used the money to pay personal expenses, feds say.
Net sales hit the high end of estimates; shares get whacked in after-hours trade.
Arkansas-based USA Truck produced the best first-quarter earnings per share in the company’s 29-year history and the seventh consecutive quarter of record earnings.
The group wants the contract with the Oshkosh unit blocked until the agency prepares a better environmental impact report.
A trucking recession will hurt small truckers over big ones. Some truck drivers said plummeting rates are already hurting them.
Schneider beat estimates and raised full-year expectations Thursday. Management has been “encouraged” by contractual rate renewals so far this year.
Reliance Partners’ Robert Kaferle dives into SMS scores and the BASICs that determine them.
Forward Air beat first-quarter expectations and pulled forward 2023 financial targets by a full year.
BulkLoads.com said that shippers can now use MyCarrierPackets.com services within its BulkTMS solution, allowing for monitoring of insurance status and safety compliance of carriers.
Federal regulators plan to require truckers to limit their truck speeds by using electronic engine control devices.
President Adam Kahn joins the show to demonstrate how fleets use Netradyne to reward good driving behavior and identify areas for improvement.
E2open has completed its first full year as a public company with good numbers, although the stock price is lagging.
Diesel has been climbing at a rate far greater than that of gasoline or crude, and a well-known economist offers reasons why that is likely to continue.
Class 8 battery-electric trucks will generate the first meaningful revenue that Nikola can take to the bank.
The company may use the program as a steppingstone to deliveries outside its platform.
truckload carrier Covenant Logistics had record-breaking net income for the first quarter, with improved operating ratios in its key trucking segments.
Gulf Coast ports got a boost in March from imports of steel and plywood, and exports of petroleum and crude oil.
A congressional report alleges then-President Donald Trump may have pushed the Defense Department to approve a pandemic loan to help gain Teamsters support in the 2020 election.
Less-than-truckload carrier Old Dominion beat first-quarter expectations Wednesday. The company moved one step closer to doing “something that they said couldn’t be done.”
Amazon Freight, the e-commerce giant’s trucking arm, is giving freight brokers 3% or 5% back per load through a partnership with American Express.
Ryder’s earnings rose sharply over the first quarter of 2021, with used truck sales a significant contributor to profitability.
CEO Brett Suma is optimistic about rolling out Loadsmith’s autonomous middle-mile offering between select origin and destination pairings.
Parcel data is incredibly complex. Shippers often don’t know how to begin working with this data because it cannot be properly visualized via traditional methods like Excel spreadsheets.
A Wisconsin trucking company reveals how it has shifted into a higher training gear under President Biden’s 90-day trucker apprenticeship challenge.
UPS persevered through a drop in demand during the first quarter, beating analysts’ profit estimates.
Q1 sales and earnings at the parent of Kenworth, Peterbilt and DAF Trucks posted records despite persistent supply chain issues.
Building the most effective RFPs possible requires self-awareness, attention to detail, industry insights and a willingness to adopt new technologies.
An Illinois-based trucking company has filed Chapter 11, citing a jury award of $10 million in December following a 2019 fatal truck crash involving one of its drivers.
Electric chassis startups from A to Z are tapping a legacy bodybuilder for help while one company creates its own complete electric van.
A three-judge panel heard arguments in a petition to overturn some of the changes in trucking hours-of-service rules implemented two years ago.
CSX, XPO Logistics and AIT Worldwide Logistics were among several companies to make sustainability announcements on Earth Day.
FreightWaves founder and CEO Craig Fuller writes about the impact of Chinese lockdowns on global supply chains and the U.S. trucking industry.
Finding skilled associates for your distribution center is challenging, so why not leave it to the professionals?
Trucking carriers face increased risk of nuclear verdicts, but managing those risks is not insurmountable, if done right and from the start.
Three relatively small electric infrastructure grants speak volumes about the importance of direct current fast charging for commercial vehicles.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: cargo theft in Mexico increases 18% during March; Kohler to invest $200M in Mexico; a new EV component factory has been announced for Ramos Arizpe; and truck driver is in critical condition after collision with train.
This week: St. Christopher reports its 2022 charitable progress, Operation Lifesaver delivers funds to 11 states and FedEx partners with Social Motion for Autism Acceptance Month.
Throughout its successful, 20-year history, Acuitive Solutions has taken the road less traveled by not trying to be all things for all customers.
Emissions tracking and sustainability experts discuss the importance of tracking emissions and using that data to make informed decisions.
Flatbed truck operator Daseke is being told it should buy back its own stock in light of recent declines in its price.
As Cummins focuses on electrification and growing its traditional engine business, the company is preparing an IPO for its filtration business.
Mobility expert Larry Burns says getting the world off fossil fuels is a equation of ‘the power of and.’
Piles of paperwork plague every mode of transportation, and recent shifts in consumer shopping behavior — namely the ongoing e-commerce surge — have only made the problem worse.
AIT Worldwide Logistics plans to use carbon offsets and emission-reduction strategies to reach net-zero emissions by 2035.
Locomation’s Cetin Mericli discusses how autonomous transport will provide emissions reductions and time savings for long-haul trucking.
A FedEx delivery driver just completed a 260-mile drive using a BrightDrop Zevo 600 electric van, setting a Guinness World Record.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Freight brokers, just like the truck drivers they serve, are in hot demand. A recruiter in the business discusses why. Also: diesel breaks another record.
The new president of the Truckload Carriers Association talks with an expert at FreightWaves about how environmental regulations and switching technologies impact the industry.
Volvo reported record Q1 truck sales despite ongoing supply chain interruptions. The company took a $423 million charge for suspending Russia business.
Many shippers are now looking to shorten the duration of their bid contracts in order to take advantage of current capacity and avoid being locked into sky-high rates as the market shifts.
Former EPA Administrator Christine Todd Whitman explains in an Earth Day interview how the freight industry can embrace a more environmentally friendly future.
GTI Transport Solutions announced Thursday the acquisition of container transport provider Foxconn Logistics.
TMS provider Revenova announced it has raised $63 million from Viking Global Investors.
Truckload carrier Heartland Express beat first-quarter expectations Thursday.
Management from Landstar System is predicting “another great year” even as spot market fundamentals loosen.
The Biden administration is pushing states to take a clean-energy approach to expand truck parking with new infrastructure money.
Truck drivers don’t earn overtime pay. Fixing that could address several key issues in the trucking industry.
The owner of a Michigan-based trucking company is free on bail after DEA agents arrested him on gun and drug charges after raiding his home and businesses.
The Louisiana Senate approved a bill that would allow a tandem of 20-foot containers to be hauled on many of the state’s roads, with the goal of easing port congestion.
Three more individuals were sentenced in the Louisiana staged truck and bus accident scheme, with two receiving probation and a third sentenced to 18 months behind bars.
