Company said sale of its SHIP tokens was not an unregistered securities sale, but government agency disagreed
NATSO and other retail fuels industry trade groups urge states not to join the Transportation Climate Initiative Program.
Mexico’s new fuel import regulations are seen by critics as an attempt to boost state oil firm Pemex.
Hino Motors has suspended production until late 2021 because its engines don’t meet greenhouse gas emission standards.
It’s safe to say that Apple has a major portion of the electronic market on lockdown. Apple’s next strategic move? Developing its own self-driving car and taking it to the streets by 2024. No joke.
Mark Duchesne’s resume includes working at process-driven Toyota Motor Corp. and freewheeling Tesla Inc. Now he is trying to keep Nikola’s $600 million plant on schedule to build battery-electric trucks and the first fuel cell electric trucks by the end of 2021.
A couple more truckload carriers have announced pay increases for drivers ahead of the new year. Beacon Transport and Bay and Bay Transportation are the latest.
FedEx Corp.had announced acquisition of e-commerce platform ShopRunner earlier this month.
The Timken Co. and Envases Group recently announced plans for cross-border factories in Texas and Mexico.
The FMCSA has declared a truck driver an “imminent hazard to public safety” after the deaths of five cyclists in an accident in Nevada.
Efforts to require side and front impact guards continue in Congress.
The parking brake can apply without warning, increasing the possibility of a crash in four 2021 Volvo model lines. The company stopped delivery Dec. 8 to inspect trucks not already on their way to customers.
Plenty of distillate molecules to go around plus no collapse in high sulfur reversed all conventional wisdom, Morningstar says
The FMCSA’s final rule allowing third-party instructors to provide both instruction and qualifying testing for the same applicant isn’t likely to materially alter trucking’s capacity shortfall, according to analysts.
Hackers relentlessly targeted trucking and logistics companies throughout 2020. These five cyberattacks are among the worst incidents.
The plan: signing up lots of carriers who then team with brokers to use the factoring capabilities built into the platform
igital freight startup Loadsmart ranks No. 18 on the 2021 FreightTech 25 list of most innovative and disruptive companies.
Top 10 lists dominate the end of any year. FreightWaves’ Top 10 stories list is voted on throughout the year by readers simply by reading our stories on freightwaves.com. Here are the stories you read the most in 2020.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Opening Texas bridge to cargo trucks will be game changer; Amazon will open a logistics center in Mérida; new service links ports of Brownsville and Tampa Bay; Rhenus Group expands in Mexico.
Canada now has two COVID-19 vaccines in circulation. FedEx Express flew in the first shipment from Europe on Thursday.
CFI raised more than $40,000 in its annual Truckload of Treasures Holiday Giving Campaign.
A federal grand jury has indicted Daniel R. Fruits, a former executive of Secure Transit, headquartered in Greenwood, Indiana, alleging he defrauded his investor of nearly $14 million to buy a horse farm, Rolex watches and several luxury cars.
New data from Mastercard’s SpendingPulse showed that overall holiday retail sales rose in 2020, but department stores took a hit as more Americans bought online.
IoT leader Samsara makes it into the FreightTech 25. Ranked No. 16, Samsara has seen rapid innovation, product updates and customer growth.
While new trailer orders are booming to meet capacity demands, 20% of the nation’s fleet could be sitting idle on any given day. Why?
WorkHound collects anonymous driver feedback. Its CEO recently sat down with FreightWaves to discuss 2020 from the driver perspective.
TravelCenters of America counted more than $88,000 in small change for the St. Christopher Trucker Relief Fund, bringing the charity close to its $1 million fundraising goal.
One type of trucking company may get some relief: those hauling timber
The cross-border transportation and logistics industry faced unprecedented disruption this year due to the COVID-19 pandemic.
A partnership this year with CRST uncovered a huge opportunity for trucking technology startup Baton and its customers.
In today’s edition of The Daily Dash, Republic Services has canceled a 2,500-truck order with embattled hydrogen-electric truck maker Nikola Corp. Plus, Forward Air is on the road to recovery following a ransomware attack and Roehl is the latest carrier to announce a driver pay increase.
Feeding America’s supply chain chief discusses a year like no other and how the group pivoted to get food to needy Americans.
Lawmakers agree to convert $10 billion loan to a grant.
Autonomous delivery company Nuro has acquired Ike, a trucking technology startup founded by veterans of Apple, Google and Uber ATG.
Port Houston will be the first U.S. port of call in THE Alliance’s new direct Asia service. The trans-Pacific EC6 service will begin in Kaohsiung, China, and reach the U.S. […]
Indianapolis-based third-party logistics provider FitzMark announces the completion of a majority recapitalization. The transaction allows the brokerage consolidator to further pursue organic growth plans and acquisitions.
Dave Osiecki gives his views on what happened this past year and what might be occuring in 2021.
More than $32 million worth of fake Viagra pills, knockoff Air Jordans and other counterfeit products were found in shipments arriving from China, authorities said.
Disruptions in one corner of the world can impact operations at home. With the turbulence of 2020 hopefully behind us, Global Supply Chain Week will examine where the dust has settled and share lessons on reacting to the enormous disruptions of the previous year.
Coronavirus vaccines require extreme levels of protection from organized crime organizations, nation states and others looking to steal shipments or valuable data. The U.S. government is stepping in with extra help for industry, including escorts by U.S. marshals.
A quarterly year-over-year drop of 25% needs to be on the books for access to money.
In the latest blow to already beleaguered Nikola Corp., Republic Services canceled an order for 2,500 battery-electric refuse trucks. It further calls into question how Nikola will generate revenue.
The company is not commenting yet on signs the ransomware attack may be over.
With vaccines in tow, the transportation industry will deliver a lot of much-needed holiday cheer over the next few weeks.
Roehl Transport joins the list of truckload carriers increasing driver pay to keep trucks rolling during a high-demand environment.
In today’s edition of The Daily Dash, cyberattacks on Forward Air and Central Freight Lines are causing supply chain issues. Plus, FedEx and UPS receive kudos for their performance transporting the COVID vaccines.
Brett Pope, director of electric vehicles for Volvo Trucks North America, suggests waiving the 103-year-old federal excise tax to help make the Volvo VNR Electric Class 8 regional hauler it will begin selling in 2021 more affordable.
A former billing and payroll clerk for South Dakota-based Blachowske Truck Line was sentenced on Monday to three years in federal prison and ordered to repay nearly $580,000.
UPS cuts parcel-induction levies much deeper than FedEx, starting mid-January.
German newspaper Handelsblatt says Daimler AG may spin off Daimler Trucks in 2021 to spare it the drag of Mercedes-Benz’s financial struggles.
Agents find more than 1,800 pounds of methamphetamine hidden in a shipment of tomatoes and in gas tanks.
J.B. Hunt is providing funding to the Walton College of Business to increase awareness for sustainability and inclusivity in supply chains. “The amount of research and collaboration that can go on with this gift is immeasurable,” Matt Waller, dean of Walton College, said.
California officials want to reduce wait times for trucks at the Otay Mesa crossing to a 20-minute average at the U.S.-Mexico border.
Railroads assert work time flexibility is needed to respond to emergency situations on their tracks.
CSCMP will host next year’s global event in Atlanta in mid-September.
Amazon to build three facilities, create 1,500 jobs in San Antonio
Forward Air is the victim of a ransomware attack. Freight is still moving through its network, but it’s become a paper-and-phone process to locate and tender freight and deal with back-office documentation.
Xos Trucks announces a partnership with DLL to provide financing of electric trucks.
Daimler Trucks North America CEO Roger Nielsen flatly stated in 2019 that “The Future is Electric.” In 2020, the company backed the pledge with multiple actions.
In today’s edition of The Daily Dash, project44 has secured $100 million in funding; plus, Amazon was forced to close a warehouse days before Christmas because of rising COVID cases and McKesson has started shipping Moderna’s vaccine.
Less-than-truckload carrier Central Freight Lines confirmed it fell victim to a cyberattack, which knocked out its operating systems and call center.
Forward Air Corp. says it was targeted by a ransomware attack and warns of a potential deferral or loss in revenue as it recovers.
Drayage provider ContainerPort Group announces intermodal terminal operator FSI Inc. will start operating under the CPG banner at the beginning of the year.
Unable to continue its tradition of providing hot meals to the truck drivers who deliver wreaths to Arlington National Cemetery for Wreaths Across America, TCA and Pilot Flying J have come up with another way to honor this year’s 75 drivers.
Arizona joins New York and Maryland as states that have recently converted to all cashless tolling.
Many companies have had poor experiences shipping fragile goods in the past. The right partner could make all the difference.
No amount of technology can take the place of a warm, inviting work atmosphere.
Project44 has completed $100 million Series D financing.
AIT Worldwide Logistics is expanding its international footprint with the purchase of a German freight forwarder.
While some companies struggled through the pandemic, supply chain visibility provider FourKites found renewed interest in its products, helping it land at No. 6 on FreightWaves’ FreightTech 25 list.
B2B orders can be fulfilled on one site rather than switching to a logistics provider’s platform, Freightos says.
Amazon had to close a facility in New Jersey when the COVID infection rate increased.
Tesla’s year includes becoming the most valuable auto company in the world, announcing a new car factory and inclusion in the S&P 500.
Team McKesson is implementing Phase 2 of Operation Warp Speed on Sunday, delivering the first Moderna COVID vaccines across the nation.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Three new intermodal hubs signed for the Texas Gulf Coast; jury awards $500,000 for damage from truck accident; NTG promotes Drew Herpich to chief commercial officer; and Volkswagen links U.S.-Mexico factories through cloud services.
The Defense Logistics Agency is the military’s in-house logistics management provider. It has its ducks in a row to receive new coronavirus vaccines.
McKesson is the middleman between Moderna and FedEx and UPS. Distribution is already in motion to deliver the nation’s second vaccine this week.
Convoy continued to introduce new innovations in 2020, helping it rank third in FreightWaves’ FreightTech 25 ranking of innovative companies in freight.
Nonprofit charity Truckers Final Mile that helps bring deceased drivers home to their families is facing a bleak future without donations.
In today’s edition of The Daily Dash, transportation analysts say the good times will likely continue for the sector throughout 2021. Plus, Central Freight Lines is being sued for nonpayment of invoices, and International Roadcheck compliance numbers improve in 2020.
In slightly modified statement from earlier, company says law enforcement has been contacted about cyber incident
Consumer resilience wavering.
EVO Transportation, which hauls for the U.S. Postal Service, is permanently closing its terminal in Austin, Texas.
Latest data from NHTSA shows truck occupant injuries increased by 7,000 in 2019.
Orders for new trailers dipped in November but the total bookings in the last three months are still the second highest in industry history.
FedEx shares get hammered despite record performance at Express and LTL units. The focus is on lagging margins at FedEx Ground.
Cybersecurity skills are among the gaps identified in GAO review of DOT’s workforce.
HighCom Armor said the value of products to be exported to Mexico City over the next 10 years could be up to $50 million.
Digital freight brokerage Mothership Technologies is suing less-than-truckload carrier Central Freight Lines of Waco, Texas, for nearly $508,000 in unpaid invoices, citing breach of contract.
Rapid platform developer Vantiq has partnered with Infosys to launch an accelerator to speed development of supply chain digitization solutions.
Indicted just two months ago, the individuals helped bring a payout from C.R. England and its insurer of $4.7 million
In today’s edition of The Daily Dash, FMCSA will ease restrictions for obtaining a CDL. Plus, Schneider is boosting driver pay again and Navistar reports lower truck sales and earnings.
Sell-side research analysts have made their bets on trucking in 2021. Some believe a continuation in consumer spending and inventory restocking will benefit truckload carriers while others see less-than-truckload carriers gaining traction as the industrial economy advances.
Regulators waive safety rule to allow Netradyne dashcams to be mounted lower on the windshield.
The “IT security incident” at Tennessee-based transportation and logistics firm Forward Air has the hallmarks of a cyberattack, potentially involving ransomware, according to experts.
Shares take a hard hit in after-hours trade despite blowout fiscal second-quarter results across the board.
Storms, Warp Speed and COVID put retailers and consumers in an anxious holiday mood.
Total number of checks down from 2019 levels in a week postponed by several months
The Cass Freight Index sees sequential weakness in shipments but logs year-over-year improvement with expenditures data advancing.
Army Gen. Gus Perna, who is in charge of the COVID vaccine distribution in the U.S., is showing FedEx and UPS some love.
