US Postal Service loses $4.5 billion in latest quarter
“Substantial” federal funding needed to maintain service, board chairman warns.
“Substantial” federal funding needed to maintain service, board chairman warns.
Trucking industry raises $75,000 to provide hand sanitizer, masks for drivers
USA Truck continues to execute on its internal turnaround initiatives, but they have yet to bleed through and provide positive earnings results for the carrier.
Harbor Trucking Association hosts a wide-ranging conversation with West Virginia senator.
“In North America, our fuel volumes are off 20% to 25%, behind last year in April,” said Ron Clarke, FleetCor’s chairman and chief executive officer.
Management says “tough pricing environment” muted operational efficiency initiatives.
Ransomware attacks are on the rise and transportation companies are a prime target.
Freight haulers across transport modes join effort to raise awareness.
Group wants changes to rarely invoked federal law, making it automatic.
Like most industries, the work environment of brokers and 3PLs has changed dramatically in the last couple of months. Here are some tools that are being used to cope.
Former Arrow Trucking CEO Doug Pielsticker was released three years early because of a COVID-19 outbreak at his Texas prison.
As demand for flatbed capacity sags, Daseke sees strength in some end markets and continues to push forward with a company-wide overhaul.
FMCSA has expanded the types of crashes eligible for review under its Crash Preventability Determination Program, giving fleets and drivers more options to have non-preventable crashes removed from their record. )
Revenue for the quarter came in at $431.68 million, 13% higher than the consensus estimate of $424.31 million.
Canada’s trucks are moving more freight as volumes recover from a pandemic low, but bargain-basement rates and cash flow issues continue to weigh on carriers.
Selection from private sector feeds speculation of potential privatization of federal agency.
Bill Driegert, head of operations and co-founder of Uber Freight, discusses “Responding to the Coronavirus Pandemic With Real-Time Logistics Technology” during FreightWaves LIVE @HOME
Excluding several items, Daseke reported a near break-even first quarter. Demand headwinds in most of the markets it serves have ‘plateaued’ in recent weeks.
The U.S. wind energy sector is “a huge bright spot during these difficult times,” said Gene Lemke, vice president of projects at Anderson Trucking Service.
An app aims to connect hungry drivers on the road to restaurants
In these unprecedented times of COVID-19, new governmental regulations and economic uncertainty, FreightWaves’ Driver Appreciation Award highlights leaders in the supply chain who value and respect drivers.
Driver amenities pay off for Shipper of Choice Facilities winners
Interest is rising in Workhorse’s electric truck-based drone delivery system as the company seeks $40 million credit line to scale production.
The need for social distancing will push companies to look at increased automation of their warehouses.
Amazon has expanded its brokerage service to 48 states, allowing shippers to easily connect with carriers on a digital platform.
One of the attributes necessary to become a Shipper of Choice is providing flexibility through increased hours of operation and constant and consistent communication with drivers. The FreightWaves Shipper of Choice Availability Award winners are among the best in the nation at this.
FreightWaves President George Abernathy interviews President and CEO of Werner Enterprises Derek Leathers to discuss the pandemic, the economy and technology.
A dozen companies met all the criteria for efficiency, availability and facilities to earn an overall 2020 FreightWaves Shipper of Choice Award sponsored by Transflo.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. A funny paradox says that there is a […]
Driver said pay should include tank wash revenues in the base, but he didn’t say it fast enough
FreightWaves LIVE @HOME kicked off its three-day virtual event with keynote addresses from J.B. Hunt’s Shelley Simpson, Revolution’s Ron Klain, and Echo Global Logistic’s Doug Waggoner among many others.
The same health crisis that made TravelCenters of America an essential business during the coronavirus pandemic burned into non-fuel revenue in late March, leading to a first-quarter loss.
Online load board Truckstop.com laid to rest once again the rumor that it has aspirations to become a brokerage, but it will continue to build out features connected to Book It […]
Nearly 80% of owner-operators and small fleets do not have plan in place, ATRI finds.
At FreightWaves LIVE @ HOME, the CEO indirectly pushes back against criticism of broker margins.
ArcBest managed through the first quarter largely unscathed by the coronavirus outbreak. That has all changed in April as revenue is off 20% year-over-year.
Industry experience, continual innovation drive J.B. Hunt 360 technology platform
The Seattle-based global third-party logistics provider posted revenues of $1.9 billion during the first quarter, a 6% decrease year-over-year.
Continental customers will switch from using the RoadLog ELD to KeepTruckin ELD solutions.
FreightWaves CEO Craig Fuller introduced three new products at FreightWaves LIVE @HOME – Lane Signal, SONAR Signals and Mission Control.
Idelic and Samsara have forged a partnership where Samsara ELD and camera data will be integrated into Idelic’s driver management platform. Plus, GE cutting 25% of aviation workforce, Amazon exec quits over employee firing, and road funding takes a hit.
New program to help qualifying Uber drivers earn money driving trucks
ArcBest sees “one of the best first quarters” in company history, but COVID-19-related demand headwinds took a toll on April’s results.
In a transformational partnership for a growth-stage company, Platform Science will embed connectivity software at the factory in Daimler Trucks beginning in 2021.
The family of a Wyoming man killed in a head-on tractor-trailer crash has filed a wrongful death lawsuit against the driver and trucking company
Trump says meeting with administration officials “will work out well.”
U.S. Federal Maritime Commission asks lawmakers to consider “financial bridge” to help container terminals make their lease payments.
Volkswagen truck holding company Traton Group urges a Euro-style “cash for clunkers” program to boost new truck purchases following lower first-quarter sales, profits and orders.
Continental is shutting down its Roadlog ELD service, as of Aug. 14. Plus, FreightWAVES LIVE@HOME is one day away, Trump pushes severing of supply chain from China, and Walmart launches two-hour delivery.
Chief marketing officer, service center manager and executive vice president are named.
Plummeting prices make ExxonMobil’s fuel system-friendly diesel formulation that eliminates additives and reduces NOx emissions a better deal.
Celadon Group says White Willow Holdings made the most viable offer for its Mexico trucking and logistics subsidiaries after a proposed sale to P.A.M. for $7 million fell apart, according to court filing.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trucking schools see demand surge during coronavirus; $11.5 million drug bust at Laredo’s World Trade Bridge; cargo theft of trucks in Mexico up 25% during pandemic; Arizona fast-tracks project to expand truck parking on Interstate 40.
Refiners made lots of it and now U.S. inventories are historically high
Cancer advocate reminds truckers that May is Melanoma Awareness Month
Green shoots for volumes but not tender rejections
Company reports 30% plunge in revenue during month, but CEO Tim Phillips hopes the resumption of auto and heavy truck plants will bring some relief this month.
Trump appointee reaches out to ‘Mayday’ trucker to set up possible meeting
Online shopping surge, coronavirus breed new e-commerce alliances
The global pandemic offers industry players the chance to trade competition for collaboration and disrupt the status quo.
Shippers and forwarders will be cautious with how much cargo they commit to the ocean container carriers this contract season, industry experts say.
Dan Cushman retiring after 11 years as the head of P.A.M. Transportation. The search is underway for a permanent replacement.
Anger mounts among small-business truckers as they protest low rates amid COVID-19 pandemic
“So All Forward not only gives us access to rates, but it gives us the platform to get opportunities,” said Derek Scarborough of Global Logistical Connections Inc.
Magnus Technologies offers a solution that can run the entirety of a trucking fleet’s business operations over a single platform.
Shippers may feel like they are being pulled in two different directions when it comes to dedicated fleet solutions.
Trimble is adding an alert service to its navigation and routing apps to notify drivers when speeds are reduced up ahead due to work zones or other incidents.
Hub Group’s first quarter miss included several one-off expenses unlikely to recur. However, volume headwinds are expected to persist in the near-term.
Watchdog report lists “priority issues” requiring agency attention.
Several steps being taken will affect the supply chain
ULH withdraws 2020 outlook and suspends dividends after slowdowns in retail and manufacturing weigh on first-quarter financial results.
Even as businesses have shut down, traffic data from Inrix showed that, as of April 17, 87% of all truck vehicle miles were still being driven.
A family-owned Massachusetts trucking company fell victim to a ransomware attack
From slashing salaries to borrowing money to get to the other side of the COVID-19 pandemic, suppliers Meritor and Dana are keeping electrification programs on track while slowly restarting production.
CEO blasts what he calls the statements of “some snake oil salesmen”
The autonomous trucking outfit has so far avoided the economic carnage that has hit other startups in the self-driving industry
Combined transportation and logistics powerhouse grows gross profit despite impact from COVID-19.
Reefer is a hot trucking segment, but jumping in without considering proper insurance could freeze you in your path.
International association of forwarders says members have tools and knowledge to ease container-shipping pain of the COVID-19 pandemic.
A better than expected first quarter yields to expectations that a recovery may not occur until June. Some of Schneider’s customers are starting up again, but demand in May will likely be choppy.
While others have seen a decline in shipments, April held firm: CEO
Orbcomm operates in transportation and distribution, heavy equipment, industrial fixed assets, oil and gas, maritime, mining, and government.
Schneider Logistics is seeking to smooth and expedite the process for paying carrier partners by pairing TriumphPay’s payment solutions with Transflo’s document management tools.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. On Friday, April 17, FreightWaves ran my Commentary: […]
Supplies from FEMA follow calls by industry and lawmakers for more COVID-19 protection.
Schneider reports TL volumes are down upper single-digit percentages in late April, but notes that some of its customers shutdown by COVID-19 are set to come back online.
Even though the EPA has relaxed some reporting requirements, trucking fleets that cut corners on environmental regulations could face large penalties for non-compliance.
Business leaders argue the coronavirus pandemic has diverted resources needed to ensure a smooth transition from the previous North American Free Trade Agreement (NAFTA) to the United States-Mexico-Canada Agreement (USMCA).
Even as businesses have shut down, traffic data from Inrix showed that, as of April 17, 87% of all truck vehicle miles were still being driven.
Trump and Republicans at odds over using pandemic as bridge to transportation funding.
Updated rule, if adopted, means at least 30% of all tractor trailers sold in California would have to be zero emission by 2030
Digital freight brokerage Transfix laid off about 10% of its staff on Tuesday
COVID-19 pandemic challenges American seed producers to secure airfreight capacity to meet spring planting.
Mayor Eric Garcetti grateful for “lifesaving purchase agreement” with Honeywell.
Uncertainty beyond loss-making second quarter concerns Daimler leaders, though robust supply chain and cash position suggest fast production ramp-up when economy recovers
Accelerated depreciation it set at a “trough” level from 2002
“We’ve definitely seen things coming back,” Energy Transportation CEO says as a key measure of truckload volumes in Canada rises 27% over two weeks on FreightWaves’ SONAR platform.
Saia’s first quarter performance placed its recent terminal expansion campaign on full display. Unfortunately, COVID-19 headwinds will mask near-term results.
The new tracking system allows real-time monitoring of transported goods across a variety of markets including food & beverage, pharmaceuticals and micro-mobility.
FourKites has introduced an interactive map that tracks congestion and delays at border crossings and ports around the world while DriverReach and Trucker Tools have added solutions aimed at improving driver efficiency.