Volvo Group posts solid Q2 results despite losing month of production
Volvo makes no mention of the UAW strikes but smaller sibling Mack Trucks delivers more units in Q2 as the industry recovers from year-ago pandemic shutdowns.
Volvo makes no mention of the UAW strikes but smaller sibling Mack Trucks delivers more units in Q2 as the industry recovers from year-ago pandemic shutdowns.
Kuehne + Nagel is one of the largest third-party logistics providers in the world and it got larger in the second quarter.
“The Transfix team is extremely talented, but there’s a quality to the culture that’s got gumption,” said newly appointed CCO Sophie Dabbs.
Midwest Carriers announced the acquisition of alcohol transporter Osborn & Son Trucking for an undisclosed amount.
Warehouse space is more expensive than ever. In an environment where everyone is scrambling to claim their share of this finite resource, maybe the best strategy is not to use warehouse space at all.
J.B. Hunt Transport Services beat second-quarter expectations Monday. However, the back half of 2021 will depend on how well the railroads and shippers can improve their operations.
Hyzon Motors, the fuel cell electric truck maker, has $550 million to invest in production, R&D, and hydrogen making for trucks and buses.
American Trucking Associations announced Monday that Paul Enos has been named chairman of the ATA Trucking Association Executives Council.
Getting shippers to pay for drivers’ wait time could boost driver retention and improve safety, according to a trucking economics expert.
J.B. Hunt Transport Services reported better-than-expected second-quarter results Monday as the company saw double-digit revenue growth in all divisions when compared to the year-ago period, which contained widespread lockdowns from COVID protocols.
The order says tired drivers can’t be forced to work, but the definitions are vague.
The current rule can get a person qualified in a year; the ATA proposal has no firm time span.
Heartland Express records its best consolidated operating ratio since its last acquisition was fully integrated.
Companies will demand a full, scalable suite of services from their partners over the next few years, leading to widespread consolidation and the emergence of a handful of clear leaders with considerable market share.
In the midst of the COVID-19 pandemic, progress toward sustainable supply chains has not slowed like experts predicted, according to a recent report.
Knight-Swift’s acquisition highlights the LTL industry’s sweet spot in the e-commerce supply chain, says a noted consultant.
Nuclear materials couriers are well trained and armed for their job of transporting nuclear materials to sites across the U.S.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico facing severe shortage of truck drivers; Mexico creates new national customs agency; CBP expands Santa Teresa port of entry cargo capacity; and DHL Express to invest $360M in Americas infrastructure.
J.B. Hunt shares sustainable environmental and social highlights for 2020, but the company’s only emission-reduction target relates to carbon intensity.
Officials are hoping to reopen a section of Interstate 16 in Georgia on Friday after a truck damaged an overpass.
The main purpose of these agreements is preparation. Companies can revisit and revise an SLA that they find no longer serves them. If trouble comes when there is no SLA in place, however, resolving conflict can become difficult.
The two firms reach equity and operating agreements to expand their presence in the Indian market.
Labor talks with grocery chains Safeway and Fred Meyer went in different directions Thursday. Fred Meyer stores could soon see empty shelves.
Supply chain bottlenecks are raising red flags for inflation down the road.
Get the inside story of the monthslong investigation into a sophisticated double-brokering network on the latest episode of Long-Haul Crime Log, FreightWaves’ true-crime podcast.
Also on the podcast: A key agency reviews the outlook for the tight oil market.
Owner-operators see a downside to keeping FMCSA’s emergency hours-of-service order in place.
Truckload’s operating ratio was better but OR deteriorated for dedicated.
The UAW casts a second vote, barely approving a new contract at Volvo Trucks North America. The same proposal was rejected six days earlier.
The USMCA has brought about new opportunities for cross-border trade. Is your organization taking advantage of these changes?
The FMCSA has agreed to make changes to improve its oversight of state driver’s license agencies.
The instability of a global pandemic made it clear that up-to-date technology is required to survive, not just thrive.
“We will learn how our customers use the product, learn their pain points and inject those solutions into the product as we go, really changing the user experience.”
A 7-mile stretch of I-16 in Georgia has been shut down after a hopper dislodged an overpass Thursday.
“We have to compete in a marketplace where my competitors don’t even have to be profitable.”
“This collaboration brings us closer to another source of data and another way to look at last-mile problems.”
P.A.M. Transportation benefited from a tight truckload market in the second quarter to post record revenue and operating income.
Look behind soft June trailer orders for the real story of what’s happening in a constrained equipment market.
Improving utilization of existing resources in a capacity-crunched market is a “game changer,” Locomation CEO Çetin Meriçli says.
The head of a key trucking group says the net impact of all the changes is a “chilling effect” on the use of independent contractors.
Truckers don’t have to get burned by summer heat waves if they and their carriers keep their cool and prepare.
Grants and incentives will be needed to offset high front-end costs, Ryder EV executive says.
Xos’ Dakota Semler and FreightWaves’ Kevin Hill chat about electrifying less glamorous vehicles such as armored trucks and transit vehicles.
Proterra has been making electric buses for more than a decade. It is also making batteries and charging infrastructure.
A patchwork of autonomous driving regulations at the state level are ready to move to a more coordinated effort at federal agencies, according to Plus’ Wiley Deck.
High barriers are a deterrent to starting a less-than-truckload operation. Knight-Swift’s recent acquisition sheds some light on the value in owning assets in the space.
The Postal Service OIG seeks an additional $17 million to respond to future service challenges.
Pay is rising under the two-year deal but union officials stress the formalization of procedures as the big win.
The successor of UPS’ struggling LTL operation is set to post an operating ratio below 95%, TFI International says in an unusual preannouncement.
At its fast charging stations, EVgo provides several options for light-, medium- and heavy-duty electric commercial fleets.
Bulk carrier Trimac Transportation has acquired Southern California cement carrier Double Eagle Transportation.
As it navigates COVID-era supply chain challenges, The Home Depot focuses on treating carriers with the same respect as its own employees.
The impact on the city’s large East African community of a proposed ban on overnight truck parking has arisen as a big factor in slowing the proposal.
U.S. Customs and Border Protection discovered several hundred grams of methamphetamine hidden inside peanuts at an express consignment hub in Memphis, Tennessee.
Faster, safer, better — these consumer expectations for e-commerce delivery are driving a speed-focused freight market.
Freight expenditures surged at the fastest rate on record during June, according to data provided by Cass Information Systems.
More than 158 unsecured creditors, including trucking, logistics and towing companies, are collectively owed hundreds of thousands of dollars after New Jersey freight forwarder Advectus Transportation Services abruptly ceased operations and filed Chapter 7.
Volvo implements terms of UAW-rejected third tentative agreement and encourages workers to return while the union urges them to hang tough.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: 6,550 manufacturing jobs headed for Mexico as border freight capacity tightens; Aeronet Worldwide expands in Texas; FedEx Ground leases distribution center in Houston; and Bullfrog Logistics files for Chapter 11 bankruptcy.
This week: Pilot gifts throwback Peterbilt to driver with sterling record of safe driving, AIT Worldwide Logistics stays committed to St. Jude Children’s Research Hospital and J.B. Hunt gives additional $5 million to Arkansas Children’s health care initiatives.
Striking Volvo workers voted down a third tentative agreement, prompting the exasperated truck manufacturer to “consider all options.”
In this AskWaves, we look at the potential for a driver wage boost if a critical exemption in federal labor law were lifted.
Amazon accounts for its carbon intensity, emissions, renewable energy and decarbonization strategies and provides updates on The Climate Pledge in the 2020 sustainability report.
Critics of the move say truck drivers are already overworked and allowing more time behind the wheel ‘fails to address the underlying issues.’
Trucking owner Carl Bradley Johansson is facing federal charges in an alleged PPP loan fraud scheme. He is also awaiting trial in a separate federal case for allegedly ordering welders to illegally repair an oil tanker that resulted in a fatal explosion in 2014.
Truck Talk is a weekly newsletter offering perspective and context on happenings in the trucking industry.
Also on the podcast: Why the latest OPEC meeting was so unique
The past week in images features a funnel spawned by a wildfire, a trucker who drove his rig into a river and a train honoring the armed forces.
Leased owner-operators and company drivers could be looking to strike gold on their own in a strong trucking market, Vise says.
One alternative: The team moves to Las Vegas, though that would keep Howard Terminal in place.
A truck driver entering Canada from Buffalo, New York, was arrested and charged after border officers found over $11 million worth of cocaine.
“A lot of carriers kind of look the other way,” Reliance Partners’ Robert Kaferle said. “I’ve heard it more times than I can count, ‘They’re a really good driver,’ but upon digging into their history and violations, you may find that they’re in need of some retraining.”
As the push for a more sustainable planet continues to grow stronger, companies across the supply chain will be expected to have a clear plan for cleaning up their operations.
Companies want transparency from their partners, and end consumers want to know exactly when their packages are going to arrive.
FreightWaves experts weigh in on the ramifications of KNX’s $1.35 billion deal to acquire AAA Cooper.
All State Association CEO Steve Avetyan claims his business platform is very different from the double-brokering scheme that landed three relatives in prison.
Federal regulators push for more data as automated trucking rolls from testing to reality.
Vince Paperiello has been named to run the multibillion-dollar unit. The business had been run as a group effort for two years, a source says.
Fleets still want and need trucks but move to sidelines until manufacturers open their order books.
CarrierHQ offers monthly in-term rate adjustments based on driving data from each truck’s ELD.
Findings from a recent Spireon white paper survey, conducted in conjunction with FreightWaves, found that about 40% of carriers reported losing more than $500 per trailer per week in detention costs.
To tackle this bull market, ITF is adding automation to distribution and fulfillment, adding visibility to customer inventory.
NHTSA’s new standing order on autonomous truck crash data is too blunt an instrument, according to a group representing the self-driving vehicle sector.
Knight-Swift’s “transformational” $1.35 billion less-than-truckload acquisition marks the second big deal by a public truckload carrier in less than a week.
The key benchmark price for trucking companies tracked the higher numbers in the wholesale market.
The acquisition modestly bumps Geodis’ brokerage revenue.
Knight-Swift Transportation acquires less-than-truckload carrier AAA Cooper in a deal valued at $1.35 billion.
Daimler Truck, TRATON and Volvo Group will spend $593 million to build a truck charging network across Europe.
NS is working to repair a defect that could affect over 5,000 chassis. The repairs come amid high congestion at terminals and intermodal facilities across the U.S.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico trade boomed in May but profit margins are tightening; a Korean auto supplier opens a plant in Mexico; Otay Mesa plans to open a new port by 2024; and Texas trucking company set to build terminal.
Section 202 in postal reform legislation would keep parcel and mail delivery networks integrated. Some interests say it will never require the Postal Service to straighten out its accounting.
Troubled electric pickup truck maker Lordstown Motors reportedly is the subject of a Justice Department probe, according to multiple media reports.
Both defendants had pleaded guilty to their involvement in the staged accident scheme.
The pandemic is still creating big swings in data, according to the Council of Economic Advisers, which urges caution in making big interpretations.
FMCSA is proposing to revise rules for advanced driver-assist cameras.
Truck Talk is a weekly newsletter offering perspective and context on happenings in the heavy-duty and commercial trucking sector.
Mullen Group acquires Harris Transport, the latest in a string of deals for one of Canada’s largest trucking and logistics companies.
In the fourth week of a second strike, UAW bargainers reach a third tentative agreement with Volvo Trucks North America.
Data apparently stolen from Navistar International appears on the dark web as an underground marketplace begins an auction for the heavy truck manufacturer’s internal files.
Transportation and logistics provider Werner Enterprises announced it has acquired an 80% equity stake in ECM Transport Group for $142.4 million. Werner has the option to purchase the remaining 20% of the 500-truck fleet after five years.