Supply chain dislocation to last through ’22, transportation execs say
The likely end date of a chaotic transportation market is being extended.
The likely end date of a chaotic transportation market is being extended.
Schneider aims to “eradicate manual processes and paper because it is completely inefficient,” said Erin Van Zeeland, group senior vice president and general manager of logistics services at the company.
California officials are trying to address a perceived shortage of truck drivers by making it easier to get a license.
Bringg executive Larry Klein explains how the company’s cloud technology empowers retailers to get products to consumers faster – and more simply.
Company demos presented during FreightWaves’ F3 Virtual Experience show how automation can provide cost and time savings.
From yard management and ELD integrations to payments and email programs, companies displayed their FreightTech during F3.
The agency looks to the nationwide rollout of same-day and next-day package services to remain viable.
Blythe Brumleve, host of FreightWaves’ Cyberly, discusses supply chain optimization with Loadsmart’s Ben Buchanan.
FreightWaves’ Tyler Cole and Brad Benbow, business growth investments at Ardagh Group, chat during FreightWaves’ F3 Virtual Experience on ways to cut supply chain waste.
Parts shortages delay winter testing of Hyliion’s Hypertruck ERX while Cummins’ competition casts doubt on the future of the startup’s current Hybrid eX.
Cross-border trucking and logistics firm Titanium is negotiating higher rates with customers as inflation puts pressure on margins. “Nobody is shocked,” COO Marilyn Daniel says.
Kendra Phillips from Ryder System leads a fireside chat with Guillermo Garcia, CEO and co-founder of SmartHop, on how smaller companies can compete in the freight industry.
ATA’s suit comes just a few days after what it says was a “major victory” with the Labor Department secretary’s statements regarding trucking and the vaccine rule.
Tesla has been many things, but to Ed Niedermeyer, the company is a case study filled with both good and bad lessons on how to build a company.
Investments in cold chain visibility and control solutions help ensure the integrity of the cargo and efficient capacity use when capacity is scarce.
Finding capacity and orchestrating communication along supply chains.
Third-party logistics provider Radiant Logistics again posted record quarterly results on Tuesday. On a call with analysts and investors, company officials called out strength in virtually every segment Radiant serves.
Transportation Secretary Pete Buttigieg has offered assurances that billions of new tax dollars dedicated to infrastructure will be protected against fraud and mismanagement.
Suspending electric van production, converting debt to equity and reducing cash burn are among the new CEO’s early moves at the troubled Workhorse Group.
FreightTech companies demonstrated products and services designed to improve efficiency in supply chains.
FreightWaves’ Kevin Hill sits down with Michael Newcity, ArcBest’s chief innovation officer, during the F3 Virtual Experience to discuss the importance of customer collaboration in building winning technology solutions.
IT can help companies hit efficiency and sustainability objectives, DHL unit’s innovation leader says.
PS Logistics has acquired Daryl Thomason Trucking, which has 108 tractors and 167 53-foot flatbed trailers.
Reliance Partners’ Mark Vickers discusses how usage-based insurance introduced to freight markets moving into Mexico is a relatively new product that protects a shipper against the very different Mexican laws on liability.
In building out a hydrogen infrastructure, Cummins Inc. New Power President Amy Davis says make the hydrogen first, then make it cleaner.
Electronic bill of lading capabilities in less-than-truckload shipping are growing in favor, according to shipping management platform MyCarrier.
Less-than-truckload carriers report strong October results. But one analyst questions if the stocks have run too far ahead of results.
Podcaster Guy Raz has interviewed hundreds of founders, and they all have one thing in common: no fear of failing.
Last week’s conclusion that solo drivers aren’t under the vaccine rule is turning to this week’s questions about team drivers.
Stuart Scott, J.B. Hunt’s chief information officer, said technology such as the cloud and automation are the future of freight.
Fleets using Daimler Trucks North America’s Cascadia can now choose the apps or telematics solutions they want without hardware upgrades after the truck maker leveraged its partnership with Platform Science to introduce the Virtual Vehicle platform.
Truckload carriers booked record gains on the sale of revenue equipment during the third quarter but the profits shouldn’t be viewed as artificial earnings.
The Biden administration is racing to cut red tape so the government can expedite port and freight transportation infrastructure investments.
The increase of 0.3 cents a gallon is the smallest in the eight-week run of higher levels.
TFI International is consolidating its U.S. truckload and dedicated operations, including Transport America and part of the former UPS Freight, under CFI to cut costs and boost performance.
Federal ruling on rear impact guard inspections on truck trailers sparks debate over costly new safety equipment.
EBITDA at the digital brokerage remains in the red, but it is getting closer to breakeven.
Neste is supplying Cox Petroleum Transport with a fuel that can bring immediate emissions and cost savings: renewable diesel.
Texas is using repurposed shipping containers as part of its $750 million border wall with Mexico.
Tracking and sharing carbon emissions is the first step toward net-zero carbon emissions.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Texas toll road traffic rises above pre-pandemic levels; Texas expands CDL testing, renewals throughout November; Mexican manufacturer opens global office in Washington; and Cross-border trucking insurance firm acquired by Marsh McLennan.
A rule requiring vaccines for employees, or weekly testing for workers declining vaccination, at companies with staff of 100 or more gets emergency stay.
AskWaves takes a look at which rate-per-mile metrics to use out of the information public carriers disclose quarterly.
Congress approves provisions allowing under-21 truck drivers – as well as guidance on truck brokers and freight dispatchers – in a five-year highway bill that is part of a larger $1.2 trillion infrastructure package.
As the holidays loom, a congressman wants to eliminate legal hurdles banning 18-to-20-year-old truck drivers from moving containers in and out of ports.
Private marine terminals in Tacoma are putting more pressure on importers to pick up containers that are left for weeks and choking the movement of cargo.
Solo drivers working for large trucking companies will likely be exempt from the Biden administration’s vaccine requirement, the industry’s largest lobby group has confirmed.
A trucking trade group is urging California Gov. Gavin Newsom to enforce a state law to prevent terminal operators and ocean carriers from charging excessive per-diem and demurrage fees and using port truckers as “a convenient ATM to bolster their profits.”
Warehouse and third-party logistics operator Warehouse Services Inc. has acquired Total Logistics Inc.
CEO Michelle Halkerston details Hassett’s transformation over the years into a robust and ever-evolving 3PL.
Truck Talk is a weekly newsletter offering perspective, context and insight into issues in the commercial truck ecosystem.
Also on the podcast: Time to tap strategic oil stocks?
Shipping container EV chargers can halve installation setup time and costs, Amply CEO Vic Shao said.
Proper delivery routing is often overlooked as a potential sales tool, but done right, it can lead to increased customer engagement and more sales.
If independent owner-operators are included, Convoy analyst Terrazas says employment is probably at 2019 levels.
Each class has either side of 15 students, and the yearlong program covers many facets of the business.
Reliance Partners’ Robert Kaferle shares a few ways for fleets to retain their experienced workforce.
The company expects record 2021 earnings and boosts its 2023 bottom line forecast by $700 million, to $9.24 billion.
Editor’s Note: Updates with closing stock price Nikola Corp. set aside $125 million to potentially settle a Securities and Exchange Commission complaint but will seek to get indicted founder Trevor […]
With demand outpacing supply all year, the entirety of 2021 has mirrored peak season conditions. Despite these challenges ahead of the holiday season, there are low-cost solutions and long-term investments shippers can apply to improve operations.
The TCA calls the mandate “disastrous.”
Trimble Inc.’s third-quarter revenue and adjusted earnings per share topped analyst expectations in a challenging supply chain environment.
Fleetcor’s third-quarter adjusted earnings per share grew 26% year-over-year, while new sales bookings grew 52% in the same period.
As the industry prepares for the new entry-level driver training rule to go into effect in February, fleets that train their own drivers and schools face new challenges in complying.
Yellow Corp. rode a hot freight market and an internal overhaul to positive net income for the first time in several quarters.
The company’s first reporting quarter post-spinoff could have gone better.
October was another month of “why bother” as fleets desperate for new Class 8 trucks held off adding bookings to a morass of back orders.
Forward Air announced the acquisition of two Minnesota-based intermodal transportation outfits on Wednesday.
Trucking companies dispute the widely reported message that a driver shortage is largely to blame for the port congestion issues in California. In fact, drayage companies are laying off drivers because of port delays.
From merger to business combination in less than four months, self-driving startup Aurora Innovation expects to begin public trading on Thursday.
The DOE SuperTruck program shifts to stretch goals for battery-electric and fuel cell trucks along with megawatt charging and green hydrogen.
An October supply chain survey shows transportation capacity falling at a faster pace while freight rates keep stepping higher.
Germany-based Rhenus Logistics is acquiring Global Net Logistics, an international freight forwarding company based in Dallas.
When people think about security breaches, they often think about hackers in dark hoodies hiding behind computer screens. While some attacks do come from malicious outside parties, logistics companies should also be aware of threats coming from inside their own buildings.
Company plans to double LTL trailer capacity and add 900 dock doors.
Engine maker Cummins reduces its outlook for the full year amid the supply-constrained inability to meet elevated demands.
The new location in Woodbridge, New Jersey, will offer services such as overseas cross docking, overseas container plugs, port drayage, LTL/FTL transportation and same-day orders.
ArcBest reported record quarterly results on Tuesday, and management sees the possibility of incremental improvement moving forward.
The company announced a 5.9% general rate increase for next year, but that has no bearing on the pain many shippers will feel.
Cowen’s survey, released to the public for the first time, shows a mixed reaction on the question of whether a vaccine mandate will affect carrier business operations.
ArcBest posted record quarterly results for the third time this year on Tuesday. Each of its segments reported double-digit top-line growth.
The ports of Los Angeles and Long Beach are turning into makeshift warehouses. Officials hope new fines on lingering cargo will end the practice.
Federal regulators have vastly improved the ability to keep unsafe drivers off the road but the trucking industry is scrambling to make up the shortfall.
The front-month price of ultra low sulfur diesel on the CME commodity exchange is at its lowest level in several weeks.
TA’s diesel sales figures are a strong indicator of demand for the fuel, and they suggest that the third quarter wasn’t that much stronger than the second.
ArcBest announced Monday that it has closed on the previously announced acquisition of Chicago-based truckload brokerage MoLo Solutions.
Regulators are urging carriers to take action to ensure their ELDs remain legal after mobile networks transition out of 3G.
When electric vehicle maker Rivian makes its public debut, perhaps as early as next week, it could be at a valuation that rivals Ford’s.
Governments at the G20 meeting are pulling together to address supply shortages caused by freight transportation backlogs.
The new shortage hits home for a small Pennsylvania fleet as its canceled Western Star order leaves it with no options for new equipment.
Fuel levies on U.S. customers to rise 100 basis points for air and ground services, source says.
U.S. border officials handle regulated garbage and quarantine materials in order to prevent foreign pests and diseases from entering the country.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: KCS announces a new cross-border rail-served logistics facility; New York Air Brake to open plant in Mexico; Skydropx to expand across Latin America with $20M Series A funding; and CBP seizes $48M in methamphetamine from tractor trailer.
A shipper-carrier pledge is needed to restore trust on both sides.
Thanks to persistent industry headwinds, the debate surrounding how to pay drivers – by the mile or by the hour – is heating up, and Congress is taking notice.
The Port of Los Angeles is hoping to scare the freight community into more efficient behavior with big fines for the slow retrieval of containers.
Arkansas-based carrier’s trucking segment posted revenue of $113M and brokerage division posted revenue of $81M in Q3.
The Science Based Targets initiative standard for setting net-zero emissions targets can provide companies with guidance while increasing the credibility of their goals.
Universal Logistics misses third-quarter expectations and said it will look to its customers to address wage inflation and accessorial charges at the ports.
Given how difficult it is to source capacity in today’s market – as well as the growing importance of visibility throughout the supply chain – it is not surprising to see more visibility and predictive freight matching tools entering the scene.