Growth in the supply chain came at a faster pace in February, with transportation capacity falling and prices climbing at accelerated rates.
The $3.7B merger of Navistar and TRATON Group drew nearer Tuesday when Navistar shareholders approved a $44.50-per-share buyout.
A collision near Holtville, California, about 15 miles from the U.S.-Mexico border, killed at least 13 people.
CBP seized the Hong Kong-bound corn flakes frosted with cocaine at an express consignment facility near Cincinnati/Northern Kentucky International Airport.
Carrier Averitt Express said it was raising pay for its newly hired regional truckload and flatbed drivers. The company becomes the latest to increase driver pay as the industry struggles to seat tractors.
Commercial vehicle fuel cell maker Hyzon Motors is adding a fuel cell facility to make enough key components for 1,200 fuel cells a year.
The company’s 2020 sales gains were higher than in the past 11 years combined.
The bankruptcy filing by Hertz threatened to dump a glut of trucks and cars onto the used vehicle market if the company did not find a way to survive.
Less-than-truckload carrier Old Dominion reported Tuesday that February results were impacted as inclement weather took hold on parts of its network during the month. However, the carrier noted that the deceleration from January’s robust growth rate lasted for only one week.
Some people think the B2B exception is almost hopeless, but others see it as difficult but still the only way the independent contractor mode can survive in the Golden State.
Workhorse Group built just seven electric delivery vans for the second consecutive quarter. Production systems and supply chain problems hamper the company.
KeepTruckin is petitioning the National Transportation Safety Board to rescind its recommendation that the Federal Motor Carrier Safety Administration remove the company’s logging devices from its list of self-certified vendors following a fiery crash that killed seven motorcyclists.
Logistics provider ArcBest Corp. reported that the positive trends in its asset-based segment during January were derailed by poor weather in February. Overall, less-than-truckload fundamentals “remain generally positive,” according to one analyst.
XPO and port drayage are in the Teamsters Union target sights in backing the PRO Act.
Suvrat Joshi joins logistics software-as-a-service platform FarEye as chief product officer.
Former President Richard Kuehn plans to stay on as an adviser for a period of time.
Workhorse Group is not taking the loss of a contract to make battery-electric mail trucks for the U.S. Postal Service lying down.
Korby Keeney discusses how shippers navigate extreme weather events.
“Importers are exhausted” and foundation change is necessary, says Flexport’s Sanne Manders.
After a disruptive year, Mexico’s automotive industry hopes to revive a manufacturing sector depressed by the pandemic, along with shortages of vital components and energy for factories.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Jamco Group expands in Laredo; BTL picks Mexico for new auto parts plant; G-Global expands in El Paso; and agents seize $40 million in drugs in Texas and California.
DHL Aviation is turning over every stone to find economical capacity to haul packages for DHL’s express unit. The latest moves involve a travel airline flying parcels instead of passengers and a new Airbus converted freighter that few others have.
The owners of defunct Westfield Transport Inc. of West Springfield, Massachusetts, were indicted on federal charges of falsifying driving logs on Friday. Prosecutors assert the Gasanov brothers hired Volodymyr Zhukovskyy two days before his involvement in a fatal crash that killed seven motorcyclists in New Hampshire in June 2019,
In today’s edition, we highlight the upcoming public listing for a self-driving truck startup; the market’s impact after the winter storms; and a startup’s earnings reports.
The expected rebound for truckload markets did not disappoint.
Navistar is recalling more than 32,000 International LT and Lonestar models from several recent model years because engines can shut down unexpectedly.
United Airlines on Friday became the second airline to pay millions of dollars in penalties for a scheme to defraud the U.S. Postal Service for international mail delivery.
Employees can be “your greatest liabilities if they’re not trained properly,” says Infinit-I Workforce Solutions CEO Jay Wommack. So he is offering a free training video for truckers.
Competitive rates will convince a carrier to pick up a load, but the right combination of relationship and convenience will keep them coming back to the same broker over and over.
Allyn International experts discuss how a 4PL control tower acts as the nervous system in a global supply chain.
FreightWaves is bringing back its in-person events this year with the F3: Future of Freight Festival in November, celebrating all things freight in a communitywide celebration throughout the city of Chattanooga.
Hope White, founder and CEO at H.D. White Logistics, dives into personal challenges with getting promoted as a Black female and what it takes to start your own company.
Experts weigh in on how the pandemic has affected trucking companies that work the Texas oil patch.
An Illinois firm, Lions Logistics 1, which specialized in perishable foods and other time-sensitive loads, filed for Chapter 7 bankruptcy, reporting a 96% drop in revenue in 2020.
In today’s edition, we highlight congestion hot spots in the trucking industry, a first-of-its-kind store, and the keynote speaker at FreightWaves Global Supply Chain Week.
The owner of two defunct California trucking companies, Royal Flush 89 Transport and Cuevas Transport, filed for Chapter 7 bankruptcy on Wednesday.
The truckstop operator, in the midst of a makeover, saw its diesel sales far exceed any recent quarter.
Mark Vickers of Reliance Partners warns transportation providers of Mexico’s eye-opening insurance regulations, which he compares to the “Wild West.”
Nikola’s Arizona electric truck plant is going up in phases to allow for fast movement and capital control, said Mark Duchesne, global head of manufacturing at Nikola.
Earlier debt concerns raised by ratings agencies should be eased by the 3PL paying back all the revolving funds pulled down at the start of the pandemic.
The founder of autonomous driving company Locomation talks about the future of that technology and the challenges it needs to overcome to make significant progress in reaching its promise.
The supply chain for electric vehicles has major pinch points in battery components and charging infrastructure.
TruckLabs founder and CEO Daniel Burrows joins Kevin Hill, executive publisher at FreightWaves, to discuss fuel efficiency for trucks and post-COVID changes in the automotive supply chain.
Romeo Power CEO Lionel Selwood saw the component shortages coming for commercial vehicle batteries. Romeo hedged by buying on the open market.
Hyzon Motors CEO Craig Knight says China has a five-year lead in zero-emission fuel cells for commercial vehicles.
Agent-based MODE will add a growthy in-house operation.
Trucking fleets that conduct only yearly reviews of driver records may miss signs of risky driver behavior that ultimately could put lives in jeopardy.
In today’s edition, we highlight the next-generation vehicle builder for the Postal Service and a unique trucking proposal from a consumer goods group.
The store’s opening is part of DHL unit’s focus on contactless transactions, social distancing, it says.
Borrowing pegged to inflated stock price may become a problem for Workhorse Group in the aftermath of missing out on the U.S. Postal Service contract.
George Washington Bridge approach in New Jersey tops the American Transportation Research Institute’s trucking bottleneck list for the third year in a row.
FourKites’ Glenn Koepke discusses how and why collaboration among retailers, transportation providers and brokers enhances supply chain visibility.
Redwood’s Eric Rempel and Mike Reed shed light on the digital freight platforms and tools that will transform how shippers plan and execute their routing guide strategy in 2021.
A court case that could have implications for trucking has been decided in the Ninth Circuit. In it, the court ruled that employers could pay employees per diem in their regular pay.
Hyliion will initially buy Peterbilt trucks to equip its Hypertruck ERX and sees fuel cells as an eventual option in to natural gas-powered generators.
Biden’s executive order seeks short-term and long-term review of critical supply chains.
Canadian health care logistics provider Andlauer will acquire most of pharmaceutical trucking firm Skelton Truck Lines for over $90 million – a valuation driven up by the COVID-19 vaccine rollout.
The Rochelle Park, New Jersey-based company posted revenue of $63.8 million during the fourth quarter, an 8% decline from the same period last year.
Together for Safer Roads President David Braunstein discusses the potential Joe Biden’s infrastructure plan holds for safer freight movement.
Fuel card provider WEX Inc. continues to see gradual sequential improvement but at a pace below analysts’ expectations. The company’s fourth-quarter result was slightly below expectations and its first-quarter revenue guidance disappoints. Shares are off 4% in early trading.
Jonathan Kingsman wrote a book that uses as its jumping-off point the view of the market first published in 1979 in the classic book “The Merchants of Grain.” He talks about how much agricultural markets have shifted since then.
Kuehne + Nagel will become the top global air and ocean freight management company when it completes its purchase of Hong Kong’s Apex Logistics International.
In today’s edition, we highlight a big announcement by Daimler, significant money raised by an insurtech startup and another encouraging sign for the future.
A legal battle is brewing in Texas over an insurance payout to the mother of one of the victims killed in a fatal truck crash involving the truck driver for Josiah’s Trucking of Edinburg, Texas.
Kuehne + Nagel is on a mission to get bigger in Asia. Two deals this week in China are helping to make that possible.
Workhorse Group shares tanked after the U.S. Postal Service awarded a 10-year contract to Oshkosh Truck Corp. to modernize the aging mail delivery fleet.
Consumer Brands Association study calls for establishing a federal Office of Supply Chain to coordinate public-private strategies.
The e-commerce shipping platform said it is now valued at nearly half a billion dollars.
Nicholas Cogan, director of international e-commerce at Walmart International, discusses omnichannel last-mile delivery and challenges created by increased demand for e-commerce and home delivery.
Kevin Walker, president of Accentrics Home, and Doug Ladden, co-founder and CEO of Deliveright Logistics, talk about challenges and best practices for the heavy-goods logistics industry.
CFI’s facility in Laredo, Texas, has 6,000 square feet of office space on a 40-acre lot, including a staging and transloading area for cross-border Mexico freight.
Kris Bjorson, JLL’s executive brokerage director, discusses the market for B-to-B last-mile real estate.
Nikola lays out plans for hydrogen-powered fuel cell trucks but offers nothing new on customer reservations.
Driver turnover is consistently ranked as one of the biggest – and most buzzworthy – problems facing carriers. Research suggests that the solution may be threefold: more home time, higher wages and better treatment.
Write-offs for the quarter are better than even the strong freight market of 2018.
Cummins will build a plant within a Daimler complex in Germany and become the sole supplier of medium-duty engines for the truck maker globally.
Certified B Corporation Flock Freight raises the bar with a commitment to offset carbon emissions from FlockDirect shipments for customers.
Jon Gold, the vice president of supply chain and customer policy with the National Retail Federation, sits down for a fireside chat withWeston LaBarof the Harbor Trucking Association to discuss the backup in the port of Long Beach/Los Angeles.
Geodis’ Jeff McDermott joined FreightWaves to talk about challenges that parcel carriers are facing and lessons learned from the pandemic.
Industry expectations surrounding information access and transparency have grown. Qualified IT professionals are required to meet these new demands.
XPO is known as a digital broker that collaborates with its customers to develop innovative technologies.
The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, we highlight the top 10 Biden appointees in the freight industry; a recall at Daimler; growth plans at Yellow Corp.; and big news in the tire industry.
The manager of a small U.S. trucking company recounts the harrowing experience of a ransomware attack and the troubling breach of its transportation management system.
After news surfaced Monday that Wayne, Michigan-based Rush Trucking had shuttered operations, a Lavalle employee confirmed to FreightWaves that the automotive parts hauler had been sold to rival carrier LaValle Transportation, headquartered in Potsdam, New York, in December.
Greater Philadelphia’s near-invisible vacancy rates paced the logistics real estate market’s 2020 gains.
U.S. Customs and Border Protection (CBP) seized a shipment of cereal from South America that was covered in cocaine instead of sugar.
With medium- and heavy-duty trucks already using its electrified chassis, Xos Trucks will have $575 million to scale its business following a SPAC merger.
Loans so far in PPP round two that go to the trucking and warehouse sector are about the same percentage of all loans as in the first round.
Regulators give Wilson Logistics more flexibility for CLP holders participating in revenue-generating freight.
Goodyear is buying Cooper Tire in a $2.5 billion “transformational” deal.
With the need for qualified drivers on the rise, less-than-truckload carrier Yellow Corp. announces plans to hire 1,500 drivers and open new academies in 12 locations across the country.
Andrew Lockwood, senior manager of solutions design at Suddath Global Logistics, discusses last-mile logistics strategies for manufacturing companies.
XAct Solutions Director of Supply Chain Jamie Dixon discusses the need for brands to utilize technology in last-mile logistic strategies.
After a successful pilot program, Walmart associate groups are funding an MIT course on supply chain management.
On Wednesday, the company reported Q4 earnings and 208% of year-over-year growth.
Daimler Trucks North America is recalling M2 Business Class trucks. A transmission fluid leak can slicken roads and increase the risk of a crash.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Winter freeze devastates Texas produce industry; $100 million industrial park to be built near U.S.-Mexico border; USITC determines blueberry imports don’t harm U.S. growers; and CBP seizes marijuana worth $1.1 million.
Nova Scotia-based Seaboard Transport will acquire fellow trucking company Armour.
A $250 million e-commerce- and transportation-focused SPAC was filed Friday. Logistics industry veteran Dick Metzler is behind the deal.
In today’s edition of The Daily Dash, freight rates continue to rise. Plus, FMCSA has asked for a delay in a lawsuit seeking to roll back HOS rules, and Haul is attracting some of the most prominent names in the industry as investors.
