News

Companies across the logistics industry will need to start considering their carbon footprint as new regulations come down and consumers start voting with their dollars.

USA Truck posted its seventh consecutive quarter of record earnings Thursday and expects 2022 to be another record year, James Reed, president and CEO, said during a call with analysts Friday.

Management from ArcBest said positive yield actions are allowing it to keep reinvesting in the network, which will continue to improve service and margins.

On an earnings call with analysts, Covenant Logistics execs talked about the strong quarterly performance but noted that costs beyond fuel continue to rise.

Retention efforts across the industry tend to focus primarily on pay. While pay is certainly an important factor in retaining quality drivers, simply issuing raises is not the answer to the driver turnover issue that plagues the industry.

Nikola is helping to bring electric infrastructure companies to the Arizona desert where it has begun production of electric trucks.

Instacart and regional grocer Publix are partnering to debut the grocery delivery giant’s 15-minute offering in Miami.

The trucking industry is looking to pull young people into the industry through a new group. FreightWaves talks to the organization’s president.

Cargojet last year announced an order for two passenger-to-freighter conversions of the Boeing 777 but was less public about buying six more of the aircraft.

Using data to optimize supply chain efficiencies can reduce costs and greenhouse gas emissions.

The 7th Circuit Court of Appeals has found that just because an employee is out on FMLA leave or has recently returned from FMLA leave, it does not mean an employer cannot terminate that employee for legitimate performance issues.

Customers are keen to lock in capacity for the year and mitigate risk, executives said during Hub Group’s first-quarter 2022 earnings call.

ArcBest easily beat first-quarter expectations Friday. The positive revenue trends have carried through April.

Forecasters are calling for an elevated risk of tornadoes and large hail this weekend in several states (video forecast included).

Intermodal and truckload spot rates both continue to decline.

A previously convicted fraudster ran a Ponzi scheme and bilked investors out of $40 million in a truck investment venture, then used the money to pay personal expenses, feds say.

Net sales hit the high end of estimates; shares get whacked in after-hours trade.

Arkansas-based USA Truck produced the best first-quarter earnings per share in the company’s 29-year history and the seventh consecutive quarter of record earnings.

In this issue, economic headwinds hit trucking; driver survey on state of the industry; Nikolas hit the streets; close call in WA

The group wants the contract with the Oshkosh unit blocked until the agency prepares a better environmental impact report.

A trucking recession will hurt small truckers over big ones. Some truck drivers said plummeting rates are already hurting them.

Schneider beat estimates and raised full-year expectations Thursday. Management has been “encouraged” by contractual rate renewals so far this year.

“The only reason for an oil tanker to go to Saldanha Bay is to unload the oil into storage,” says an industry consultant.

Reliance Partners’ Robert Kaferle dives into SMS scores and the BASICs that determine them.

Canadian Pacific believes its acquisition of Kansas City Southern is still on pace to receive federal approval sometime early next year.

Trucker Grant Quinton was “choked up” after being recognized for pulling a man and his grandson from their flipped vehicle.

Amazon has lifted its long-standing policy of restricting warehouse employees from using their cellphones on the job.

Converting passenger aircraft for cargo use is like rebuilding a house. One alternative is a quick makeover for carrying parcels in the cabin.

“Our belief is we can use the software we have built for large carriers to do the last mile and apply that software for local DC-to-DC [shipments] to pass our relay efficiencies and savings to shippers while allowing drivers in our network to earn more,” said Baton’s co-founder.

Forward Air beat first-quarter expectations and pulled forward 2023 financial targets by a full year.

BulkLoads.com said that shippers can now use MyCarrierPackets.com services within its BulkTMS solution, allowing for monitoring of insurance status and safety compliance of carriers.

Last year, freight rates spiked as many shipping companies and logistics providers struggled to maintain in the midst of rising trade volume, while numerous countries were reinstating travel restrictions to curb the spread of COVID-19.

FreightWaves hosted its second annual Net-Zero Carbon Summit, sponsored by Convoy, on Friday.

Over the last few years, and as economies continue to evolve, many companies across many industries are switching to technology as a new way to streamline their operations.

Last-mile delivery service AxleHire has expanded into Baltimore and Washington, giving it a presence in three of the top five cities on the East Coast.

Federal regulators plan to require truckers to limit their truck speeds by using electronic engine control devices.

President Adam Kahn joins the show to demonstrate how fleets use Netradyne to reward good driving behavior and identify areas for improvement.

E2open has completed its first full year as a public company with good numbers, although the stock price is lagging.

Truckers will probably have to chain up Friday as a late-season storm dumps heavy snow in the northern Rockies.

Diesel has been climbing at a rate far greater than that of gasoline or crude, and a well-known economist offers reasons why that is likely to continue.

Truckload spot rates continue to decline while the tender volume out of Nashville, Tennessee, rises 7%.

Class 8 battery-electric trucks will generate the first meaningful revenue that Nikola can take to the bank.

The company may use the program as a steppingstone to deliveries outside its platform.

Robinson’s global forwarding network, years in the making, is having its moment in the sun.

truckload carrier Covenant Logistics had record-breaking net income for the first quarter, with improved operating ratios in its key trucking segments.

The operating plan, which builds upon the precision scheduled railroading-inspired initiative for NS’ manifest network, will be launched sometime late in the second quarter of this year.

Gulf Coast ports got a boost in March from imports of steel and plywood, and exports of petroleum and crude oil.

A congressional report alleges then-President Donald Trump may have pushed the Defense Department to approve a pandemic loan to help gain Teamsters support in the 2020 election.

CPG companies expect continued inflation on transportation costs this year. While there are plenty of signs on the horizon that suggest that a freight recession may be forthcoming, 2022 freight […]

Spot market slides again but is it all doom and gloom? We go deep on the freight recession on WHAT THE TRUCK?!?

Less-than-truckload carrier Old Dominion beat first-quarter expectations Wednesday. The company moved one step closer to doing “something that they said couldn’t be done.”

BigCommerce, an Austin, Texas-based e-commerce company, acquired BundleB2B to provide added business-to-business functionality to its platform.

Speed and instant gratification, combined with the effects of the pandemic, drastically altered supply chain dynamics, but taking a holistic approach to managing it leads to more resiliency and dependability.

“There’s been a big shock in the supply chains, and we’re working very hard to get our rhythm back and our operation back and to serve our customers well,” says new CEO Tracy Robinson.

As part of FreightWaves’ The Future of Supply Chain event, RPA Labs will show how AI, machine learning and natural language processing add value to software development.

Spot rates are deteriorating rapidly from Columbus to Atlanta, and Union Pacific and CSX dismiss claims that precision scheduled railroading is the cause of poor service.

The EF Scale was developed following two particularly devastating tornadoes — Jarrell, Texas, in 1997 and Moore, Oklahoma, in 1999.

Amazon Freight, the e-commerce giant’s trucking arm, is giving freight brokers 3% or 5% back per load through a partnership with American Express.

Ryder’s earnings rose sharply over the first quarter of 2021, with used truck sales a significant contributor to profitability.

CEO Brad Wright explains how Chunker’s short-term container storage model reduces risk for shippers.

CEO Brett Suma is optimistic about rolling out Loadsmith’s autonomous middle-mile offering between select origin and destination pairings.

Trucker Path listens to what drivers need and hands them the tools to mitigate some of the most common struggles they face everywhere they go.

Parcel data is incredibly complex. Shippers often don’t know how to begin working with this data because it cannot be properly visualized via traditional methods like Excel spreadsheets.

The governor of New Mexico has secured funding to help fight 20 early-season wildfires burning in the state (video forecast included).

Kai Timmermann says the FMC’s “relatively standardized narrow dataset will solve a large portion of operational issues” in global shipping.

A Wisconsin trucking company reveals how it has shifted into a higher training gear under President Biden’s 90-day trucker apprenticeship challenge.

UPS persevered through a drop in demand during the first quarter, beating analysts’ profit estimates.

New reports from Maersk, Kuehne+Nagel and Drewry point to an ongoing boom for container shipping lines.

COVID lockdowns in major Chinese cities are bottling up freight shipments, but the full impact on global trade won’t be clear until this summer.

Manna, an Ireland-based drone delivery company, plans to bring its service to the U.S. and mainland Europe.

FreightWaves’ final mile-focused Modern Shipper brand was named Best New Product on Tuesday in the 68th Annual Jesse H. Neal Awards.

Class I railroads are less concerned with capacity as volumes decline, and the range of spot rates from Kansas City to Chicago is narrowing.

China’s zero-COVID measures will make it harder for European exports to reach the East Coast because empty containers aren’t getting where they’re needed.

Q1 sales and earnings at the parent of Kenworth, Peterbilt and DAF Trucks posted records despite persistent supply chain issues.

Building the most effective RFPs possible requires self-awareness, attention to detail, industry insights and a willingness to adopt new technologies.

An Illinois-based trucking company has filed Chapter 11, citing a jury award of $10 million in December following a 2019 fatal truck crash involving one of its drivers.

Due to flooding, truckers will run into road closures the next couple of days from North Dakota to Minnesota (video forecast included).

Electric chassis startups from A to Z are tapping a legacy bodybuilder for help while one company creates its own complete electric van.

Diesel futures on the CME commodity exchange soared Monday even as crude prices fell, suggesting that the market is headed into a significant squeeze.

Retail stock pickers seem increasingly nervous about shipping. Shares of dry bulk, tanker, container and mixed-fleet owners all fell.

A three-judge panel heard arguments in a petition to overturn some of the changes in trucking hours-of-service rules implemented two years ago.

CSX, XPO Logistics and AIT Worldwide Logistics were among several companies to make sustainability announcements on Earth Day.

Air Lease Corp. is writing off $800 million worth of aircraft it can’t reclaim from Russian airlines – another reason leasing could be more expensive.

FreightWaves founder and CEO Craig Fuller writes about the impact of Chinese lockdowns on global supply chains and the U.S. trucking industry.

The Coordinated Bargaining Coalition, which represents the unions at the negotiating table, panned the Class I railroads’ offer to advance payments amid stalled talks over a new labor agreement.

Test riding the Nikola Tre, FMC’s Carl Bentzel on MDTI, mitigating driver risk and falling in an outhouse

Demand for truckers has hit a 22-month low, according to Bank of America. It’s the latest indicator that a trucking bloodbath is underway.

As part of FreightWaves’ The Future of Supply Chain event, Full Circle TMS will show how it can change omnichannel commerce fulfillment.

Cellular provider Verizon announced that it will add Express Parcel Lockers to its retail stores, streamlining the pickup process.

Curb management firm Automotus will spearhead a smart loading zones pilot program in Pittsburgh.

Outbound tender volumes are up 5.9% out of Houston, and the effects of the lockdown in Shanghai remain uncertain.

The Federal Railroad Administration has established a Climate Challenge initiative, which is targeting net-zero greenhouse gas emissions for the industry by 2050.

Finding skilled associates for your distribution center is challenging, so why not leave it to the professionals?

Trucking carriers face increased risk of nuclear verdicts, but managing those risks is not insurmountable, if done right and from the start.

A second late-season snowstorm shut down interstate travel over the weekend in parts of the Dakotas (video forecast included).

Amazon’s JFK-8 in Staten Island is the first warehouse in the company’s history to vote to unionize. Now, the ball is in the massive retailer’s court.

Three relatively small electric infrastructure grants speak volumes about the importance of direct current fast charging for commercial vehicles.

Class I railroads’ offer of advance payments is rebuffed by one union as contract talks continue.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: cargo theft in Mexico increases 18% during March; Kohler to invest $200M in Mexico; a new EV component factory has been announced for Ramos Arizpe; and truck driver is in critical condition after collision with train.

T/CCI makes heavy-duty air compressors in China, but it is looking to do what it can to meet customer demands to localize production.