Miscalculating your truck’s market value can have costly consequences
Underinsuring your truck can leave you on the hook for thousands of dollars in the event of an accident.
Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
Underinsuring your truck can leave you on the hook for thousands of dollars in the event of an accident.
Wing, the drone delivery subsidiary of Alphabet, launched a commercial drone delivery service that may have implications for the last mile more generally.
The partnership marks a “pivotal step” toward making green e-methanol more accessible and commercially viable for the maritime industry.
United Nations Secretary-General António Guterres last week addressed the importance of doing more to decrease greenhouse gas emissions.
The air cargo market turned negative in March, after a strong February, because of the Ukraine war. Analysts say inflation and lower export orders could signal less shipping activity ahead.
Banyan Technology has introduced a new first/final mile software offering for fleets, helping shippers and 3PLs connect with providers.
Carriers interested in conducting driver training for both property carrying and passenger carrying commercial motor vehicles must now meet requirements set forth under FMCSA’s entry-level driver training rule, including registering their programs with the TPR.
U.S. Xpress is tripling down on autonomy, adding Kodiak Robotics to pilots with Embark Trucks and TuSimple.
The Headhaul Index increases 31% week-over-week, while maritime spot rates may decrease up to 75% due to COVID and the Russia-Ukraine war.
Truckers face an elevated risk of rollovers Thursday in the Plains with forecast winds of 60 to 70 mph (video forecast included).
The story behind MVMNT and TMS 2.0
An Ohio-based trucking company says black ice caused one of its drivers to jackknife on Interstate 80 in Wyoming, but that the real shock was a $46,800 tow bill.
The Western European and North American railcar markets could benefit from shifting global markets due to the invasion of Ukraine, executives said during Greenbrier’s second fiscal quarter earnings call.
Texas Gov. Greg Abbott announced a new border plan Wednesday to inspect all commercial vehicles at the border for undocumented migrants.
As part of FreightWaves’ The Future of Supply Chain event, Turvo will be demonstrating its transportation management software that connects all parties to each transaction.
Federal regulators are standing up a new task force to study predatory truck leasing and its effect on driver safety.
Workhorse may not have any electric vehicles to sell, but it also does not have any debt after paying off a hedge fund lender in stock.
A truck driver was killed in Louisiana on Monday when a load he was transporting on a flatbed trailer came loose and smashed into the cab.
Home goods supply chain; unusual freight; what the data is saying about demand; mental health; and the latest in news and markets
Customers of retail food e-commerce platform eGrowcery can now fulfill orders using DoorDash couriers through a new integration.
FreightWaves Founder and CEO Craig Fuller analyzes the current costs of trucking.
TBK Bank division wants to optimize payments and cash-flow management for the freight industry
Spot rates drop 13% from Columbus to Burlington, and while volumes in markets drop, costs to ship rise.
The evidentiary hearing before the Surface Transportation Board, which was originally scheduled for two days, will likely tack on two more days as the board collects lots of data and testimony over how Amtrak’s service could affect freight and port operations.
Zonos, a technology company focused on enabling cross-border commerce, has secured a new contract with the Postal Service.
Evolution will be critical for cannabis businesses that want to rise above the competition. A strong logistics plan and packaging partner is a big part of that.
Ever willing to try something new, Werner Enterprises teams aligns with Aurora Innovation on 600-mile supervised autonomous freight runs in Texas.
Truckers face potential early season triple-digit heat the next few days in parts of Southern California (video forecast included).
S+V Technologies’ solution to sell products in transit caught the attention of investors including Ridgeline Partners, Chicago Ventures and project44 founder and CEO Jett McCandless.
Crane Worldwide Logistics is tired of fighting for space on cargo jets, so it’s leasing whole planes so it can meet customers’ shipping needs.
PSA International has added to its port portfolio with the acquisition of Canadian container terminal Ceres Halifax.
The Postal Service rejected lawmakers’ calls to produce a new analysis of its future electric delivery vehicle fleet.
Ran Transportation enters busy TMS space in hopes of differentiating from the competition.
In this issue, market’s downward spiral; HBO highlights how trucking is broken for drivers; White House announces measures to fix a fragile market
Seeking to avoid the embarrassment of canceling fleet orders last year, truck manufacturers are keeping a tight lid on bookings.
ZeroAvia signed a memorandum of understanding with ZEV Station to “kick-start hydrogen fueling for aviation in California and beyond,” says ZEV Station CEO.
Freight Intel brings all shipping activities onto one platform, allowing shippers to access all their data in seconds.
Data in the Logistics Managers’ Index reported a significant weakening in the market in the second half of March.
Ascent has acquired a majority stake in Central Minnesota Logistics, a brokerage focused on transportation solutions for overdimensional and heavy-cargo freight.
The union coalition calls on federal agencies and railroads to ensure attendance policies don’t result in overly fatigued locomotive engineers and train conductors.
Fewer than one in five businesses have reliable metrics in place to track the carbon footprint of their supply chain, research says.
The Texas State Highway 130 toll road between Austin and San Antonio will use satellite radar aiming to keep the route safe and comfortable for motorists.
Intermodal spot rates increase more than 7% from Chicago to Elizabeth, and outbound tender rejections are down 13% nationwide
While visibility has always been important, it has been increasingly essential over the past couple of years. Better technology allows businesses to track products accurately through the supply chain and provides predictive capabilities.
Chinese President Xi is intent on eradicating COVID. The policy has come at a high economic cost. A new lockdown in Kunshan could threaten electronics production and further snarl ocean and air transport.
The National Weather Service is predicting good odds for tornadoes across the South the next two days (video forecast included).
Carl Bentzel’s vision for the next-generation supply chain is one that shares public data across transportation modes and anticipates future shocks.
Nikola has put wheels in motion to sell up to $1.2 billion in new stock to keep scaling its electric truck and hydrogen businesses.
The jet fuel market is at record-breaking levels, and that can have a spillover impact on diesel prices.
Drivewyze, a leader in connected truck services and operator of the largest public-private weigh station bypass network in North America, is showcasing its Safety+ safety suite during a seven-minute live demonstration.
As part of FreightWaves’ The Future of Supply Chain event, Cargo Chief will be demonstrating its broker-centered software that saves time and allows for pre-booking freight.
If at first you don’t succeed, switch to plan B.
Carbon offsets are a growing alternative or additional step toward reducing emissions in sectors like transportation.
Dooner and The Dude are talking about freight’s biggest challenges in Q2. They’ll look at international shipping, the ports, trucking, as well as the conflict in Ukraine.
More serious conversations about nearshoring has changed the role of 3PL companies from a strategic advisory role to one of execution.
The Biden administration praised strides made to boost trucking jobs — but could a freight recession undercut progress?
Alphabet subsidiary Wing will deliver products from Walgreens and other retailers to customers in the Dallas-Fort Worth metro area.
Large-scale real estate developer Focus Equities will oversee the construction. Its head explained to FreightWaves why Winnipeg is a prime location for customers.
China’s latest move announcing a phased-in exit of the lockdowns for the eastern part of Shanghai has logistics managers warning clients about the impact it will have on truck deliveries.
BNSF Railway Co. last week acquired 3,508 acres in the Phoenix region with plans to develop it as its Western hub.
LA rejections have fallen below 5%, and dwell time rises at port of New York/New Jersey
Heavy goods delivery platform Deliveright is opening up access to its technology on a trial basis.
FreightWaves rounds up recent freight rail-related news items.
There is a new guilty plea in the Louisiana staged accident scheme, as well as a jail sentence for another participant.
“The conversation around empty miles is not a new conversation,” said Jennifer Wong, head of sustainability at Convoy. But now it’s about more than just saving money.
Strong winds and more than 2 feet of snow are likely through Tuesday in the mountains of the Northwest (video forecast included).
Air Canada is a major international passenger carrier, but did you know it is going big on cargo with special planes, warehouses, IT systems and drones?
As robots take over for human drivers, will they raise or lower the risk of tire blowouts that claim dozens of lives in truck crashes every year?
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Quincus eyes growing Latin American e-commerce markets; Watlow opens a manufacturing plant in Querétaro; Dimerco launches an Asia to Mexico freight service; and $4 million worth of methamphetamine is seized at the Laredo port of entry.
Stability lulled transportation managers and providers to sleep in the six years post-recession. The roller-coaster ride of the last four may be more indicative of their future.
FreightWaves adviser Matt Waller answers questions about shifting priorities that may include sustainability.
Dirty trucks will pay $10 per TEU in and out of the Los Angeles and Long Beach ports to raise money for zero-emission trucks and infrastructure.
Venerable index gets shellacked as freight issues fall hard.
As part of FreightWaves’ The Future of Supply Chain event, OneRail will be demonstrating its final-mile software that matches the best courier option for a shipment.
Tender volumes and tender rejection rates are both on a rapid decline, signaling trouble for the truckload market. Carriers and shippers alike will need to…
Bob Bortner of IMI dives into the most effective fuel-saving strategies when combating exorbitant fuel prices.
Amazon Labor Union pulls off a stunning victory in New York; a ratification vote in Alabama remains in limbo.
Oral fluid testing is not only a win for the safety-conscious, but the cost-conscious too.
UPS will test the Fernhy eQuad electric cargo bike in congested U.S. and European cities.
U.S. Agriculture Secretary Tom Vilsack wants the Surface Transportation Board to move forward with proceedings that would address rail service for grain and agricultural products shippers.
How truckers are making bank with side hustles. Joining us is Clarissa Rankin, Chris Lee, BruceAllmiighty, and Redwood.
The Transportation Safety Board of Canada has released the results of its investigation into a fatal February 2019 grain train derailment. But Canadian Pacific refutes some of the findings.
Capacity loosens for van and intermodal from LA to Dallas, and outbound tender rejections in Atlanta have declined roughly 7.5% in the last month
FreightWaves Founder and CEO Craig Fuller provides commentary/analysis on the trucking industry’s “driver shortage.”
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Gatik CEO Gautam Narang will detail middle-mile autonomy’s role in the future of the supply chain at FreightWaves’ upcoming The Future of Supply Chain conference.
Whether it is appealed in court or not, it It is highly like that the Biden administration will now restart its efforts to have the recently reinstated Trump-era independent contractor rule withdrawn and replaced with a new, more restrictive rule less favorable to establishing independent contractor status.
Electric cargo container delivery service Urb-E is now transporting fresh greens from Square Roots’ sustainable New York City farm to local retail stores.
The decline in truck transportation jobs is the first in almost two years, but it comes after upward revisions in the two prior months.
Also on the podcast: Transplace’s view of the supply chain and whether it’s getting any better.
The severe storm threat is fading after two days of destruction in the Southern and Eastern U.S. (video forecast included).
Folding five empty shipping containers into the space of one could curb smuggling, save shippers money and reduce emissions.
ASL Aviation plans to acquire at least 10 737-800s and pay Boeing to turn them into freighters as demand grows from customers such as Amazon, DHL and FedEx in Europe.
FreightWaves Founder and CEO Craig Fuller provides further analysis regarding the decline in the freight market.
FedEx is cutting the wages of the salesforce supporting the small to midsize customer segment.
Reliance Partners’ Robert Kaferle explains that you’ve got to do some digging to identify your safety risks.
DDC Sync allows drivers to use a mobile app with intuitive smart capture to instantly take high-quality images of bills of lading (BOLs) that are then processed with the driver’s terminal staff or operation staff of DDC.
More inventory requires more space. Real estate services firm JLL sees space in short supply alongside heightened rents through 2023.
The truck market is correcting. If you haven’t read the article that FreightWaves CEO Craig Fuller wrote last week titled, “Just 3 years after 2019 trucking bloodbath, another is on […]
Companies that have historically treated drayage and other inland transportation services as an afterthought will need to shift this mindset in order to survive in the current maritime environment.