News

Adjusted earnings per diluted share increases 20.4% to $1.18.

“Removing plastic waste is a priority when discussing the protection of our oceans and conserving biodiversity,” CMA CGM Group said.

Modern Shipper sat down with Pilot Freight CEO Zach Pollock to discuss how the newly acquired company fits into Maersk’s e-commerce strategy.

Among Wednesday’s notes: Atlanta outbound rejection rates keep falling, spot rates surge from Indy to Ontario, and more.

Amid high rates and tight capacity, fleets must make do with what they have and minimize errors that can lead to significant cargo losses.

Whether at the U.S. Supreme Court, the Department of Labor or other venues, Benesch attorney says it’s going to be a lively year for the independent contractor versus employee debate.

The large freighter wars are heating up between Boeing and Airbus.

E-commerce platform Shopify said a lack of government stimulus will hold down revenue growth in 2021.

FMCSA’s Robin Hutcheson discusses how the Biden administration’s Trucking Plan will be a top focus for the agency in 2022.

The fourth-quarter average sales price for used tractors and trucks at Ryder was up more than 100%.

A potential late-winter severe storm outbreak could delay truckers in several Southern states (video forecast included).

Waymo Via and C.H. Robinson are the latest dance partners seeking to choreograph autonomous trucking.

Green ammonia production emits no carbon dioxide, but it has major safety, cost and scaling hurdles to overcome.

On-demand truck driver platform Haul announced a $10 million funding round as it looks to expand its coverage area for fleets in need of temporary drivers.

SmartLynx will use the Airbus conversion center to modify a half dozen small jets for full-time cargo operations.

After last year’s historic run-up, factories are producing fewer containers and pricing of new boxes is down.

With its new TX-18 automated manual transmissions, Paccar looks to make off-highway and severe service easier on the driver.

Strong revenue and EPS numbers spark an after-hours share rally.

Inside the WHAT THE TRUCK?!? newsletter: Worst rest stops in America, Battlefield: Ottawa, spot rates up $1 YoY, and don’t get Tinder swindled

CBD — we know what you’re thinking — also stands for Chinese Development Bank and it is going deeper into air cargo leasing.

Digital broker Transfix posted record results for 2021. The company’s public listing is on track for the second quarter.

Lula Trucking’s software could reduce operators’ truck insurance costs through pay-per-day tools.

Traffic resumes at the U.S.-Canada border in Coutts, Alberta, after protesters end a blockade under growing pressure from police and the Canadian government.

Automation can help “you get a ton more value out of your existing systems and any new investments you want to make in technology,” said Eric Rempel, chief innovation officer at Redwood Logistics.

“Everything we have sails. Every box we have we try to move,” says Hapag-Lloyd CEO Rolf Habben Jansen.

This is the best article I saw in recent days relevant to CPG companies — Just Food described how consumer behavior will likely change in response to sharp inflation in […]

Tight warehouse supply t o last through 2024, Bjorsen says.

Suddath Global Logistics’ Andrew Lockwood and FreightWaves’ Kevin Hill discuss how to attract and retain drivers in the trucking industry.

FIRESIDE CHAT TOPIC: Opportunities for automation abound over the middle and last miles SPEAKER: Sam Saad, VP of strategic initiatives for Gatik BIO: Saad currently heads up strategic initiatives for […]

Microfulfillment will turn brick and mortar stores into giant vending machines, Ladd says

“For years, we have talked about the lack of available data to help with port operations. Ports are basically a black box when it comes to available information,” says the National Retail Federation’s vice president of supply chain and customs policy, regarding issues with global supply chains.

Factored Quality has announced a $5.6 million seed round of funding. The platform connects e-commerce and consumer brands to quality control inspectors around the world.

Ceres Terminals will lease, operate and modernize the TraPac Jacksonville terminal in a $60 million deal.

The import suspension comes after record avocado prices in the weeks leading up to the Super Bowl.

Among Tuesday’s notes: Double-digit decrease in volumes from China, Stockton’s outbound rejection rate plummets, and more.

The rail district, a public-private partnership with Merced County, will serve agricultural producers in the region.

Logistics real estate owner and operator Prologis Inc. announced the retirement of its CFO effective April 1.

Third-party logistics provider Flexport’s latest innovation: renting modified passenger aircraft for dedicated cargo service from a novice cargo carrier.

Cleo has introduced a new tool to help retailers manage potential violations of service level agreements before they occur.

Record holiday volume and rising costs are combining to create one heck of a cocktail for retail brands.

High winds in the Desert Southwest may pose stability and visibility issues for truckers (video forecast included).

Six weeks after its last funding round, last-mile delivery platform Veho has raised another $170 million in a series B funding round, bringing total funding to over $300 million.

Management from Radiant Logistics said it has several levers at its disposal to boost the company’s valuation.

The Canadian government plans to go after the owners of trucks involved in protests and border blockades after the prime minister declared a national emergency.

Analysts are arguing whether the price boost coming out of the Ukraine-Russia tensions are the main driver in the market

U.S. Xpress, which has deep autonomous trucking ties to TuSimple, adds Aurora as a second partner focused on exploring best driverless routes.

Trucker Jean-Carlo Gachet was recognized for feeding stranded drivers after a snowstorm led to a long-term road closure. Matthew Marchand was recognized for helping during the same storm.

Harbor Trucking Association CEO Matt Schrap chats with FreightWaves rail and intermodal market expert Mike Baudendistel about the challenges that the West Coast drayage community faced in 2021 and what stakeholders need to do to overcome those challenges this year.

Engine manufacturer Cummins eyes pledge to lower CO2 emissions by reworking its engine families to run on natural gas, hydrogen or diesel.

DeLorean Motor Co. announces new electric vehicle production enterprise in San Antonio.

Canadian police say they seized a weapons cache and made 11 arrests connected to a protest blocking the U.S.-Canada border in Coutts, Alberta.

Genco Shipping’s John Wobensmith and Ocean Audit’s Steve Ferreira discuss dry bulk shipping industry strategy and opportunities.

A one-on-one talk with the head of maritime operations for the Port of New York/New Jersey.

A new survey of online shoppers found that 72% have ordered groceries online in the past 90 days.

Jefferies analyst Randy Giveans maintains that container shipping stocks still have a lot more room to run.

The case was first filed in 2010, long before Swift became part of what is now Knight-Swift Transportation.

Trailer orders in January achieved equilibrium with the months of unbuilt orders as fleets and manufacturers operated in an ongoing parts supply shortage.

The new A320 passenger-to-freighter jet is ready to join its sister, the A321, on the market as the aircraft attract more interest for airlines.

The company, which seeks to create autonomous battery-electric rail vehicles, will use the funding to support a 29-month advanced testing program of its technology.

Parade garners impressive support from both Silicon Valley and Freight Alley.

Freightos CEO Zvi Schreiber and Steve Ferreira, CEO of Ocean Audit Inc., discuss international shipping on Monday during FreightWaves’ Global Supply Chain Week.

Xeneta CEO Patrik Berglund explains how carrier negotiating power has changed the annual contracting equation.

How Wayfair is using their supply chain to gain a competitive advantage; keeping your cool with reefer and more

Security firm Sansec is urging e-commerce users of Adobe platforms to download an emergency patch following reports of hackers gaining access to customer payment information.

The Cass Freight Index sags in January on a rise in COVID cases, but the dataset appears poised again for strong growth in 2022.

Among Monday’s notes: Headhaul Index in Toledo up 22%, carriers flocking to the West Coast, and more.

Project44’s Adam Compain explains during a fireside chat at the Global Supply Chain Week virtual conference how the company’s ocean shipping data will help FreightWaves SONAR customers make better, proactive decisions.

Lars Jensen talks about headwinds facing global shipping in 2022 with FreightWaves’ Kevin Hill at Global Supply Chain Week.

Schneider National is blaming a “firmware defect” tied to an external vendor’s equipment for a massive network outage that knocked the trucking giant offline on Thursday.

Ryder CTO Kendra Phillips discusses the company’s new warehouse platform for end-to-end visibility.

Trucks begin moving across the Ambassador Bridge again, but protests continue to block traffic at two additional U.S.-Canada border crossings and disrupt traffic near a third.

Intermittent delays are possible late-week as the next winter storm heads to the Midwest (video forecast included).

Long-term contract rates are at record highs. Shipping lines hold all the cards at the negotiating table.

This partnership provides SONAR customers with the world’s highest quality data and insights on ocean market conditions. 

The Ambassador Bridge has been cleared of protesters.

The North American railroads engage in cross-border movements too. So why hasn’t the vaccine mandate erupted into protests over cross-border rail operations in the same way trucking has? This AskWaves article explores that question.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Avocado prices soar 59% ahead of the Super Bowl; Mexican court halts $1B expansion plans for Port of Veracruz; Tesla is expanding its factory in Austin; and Gebrüder Weiss expands into Texas for nearshoring opportunities.

On-demand air charter companies are providing emergency parts deliveries for automakers trying to cope with demonstrations blocking a key U.S.-Canada border bridge.

This week: Russia-based Aviacon brings animals of U.S. troops and contractors from Kabul to Canada; Averitt Express raises over $1 million for St. Jude; and FedEx launches its HBCU student ambassador program.

Canadian police officers begin operation to remove protesters blocking access to the Ambassador Bridge, the busiest commercial U.S-Canada border crossing.

The ripple effect of the anti-COVID truck protests in Canada is spreading to aviation.

West Coast terminal operators could be taking advantage of supply chain disruptions by overcharging shippers for using night gates.

Trucking giant Schneider National confirmed on Friday that a “temporary systems issue” is to blame for a massive outage that has knocked out the company’s network since Thursday.

Nikola hydrogen-powered fuel cell trucks and BYD battery-electrics conducted beer runs to Los Angeles-area bars before Sunday’s Super Bowl.

A compilation of the past week in social media images includes a Midwest blizzard, a Plains dust storm and a California brush fire.

Automotive supply chain drivers express their frustrations with border closures.

The European Union announced this month that it will begin to label some nuclear power and natural gas plants, under certain conditions, as sustainable investments or “transitional green energy sources.”

Tender volumes continue to outperform year-ago levels. Rejection rates have declined throughout the past week as carriers return to major…

The logistics behind hauling bees; the art of truck photography; Is convoy headed to Super Bowl; MATS honored with new truck

Warehouse workers and supervisors worry about automation’s potential to replace jobs, but they show optimism when it comes to boosting productivity.

Universal Logistics inks a record year despite challenges. Implied 2022 earnings guidance surprises to the upside by 20%.

Driving a big rig isn’t a vacation, nor is it as flexible as one would expect — there’s a job to do.

Also on the podcast: the global slowdown in oil refining.

The premier of Ontario said protesters who remain at the Ambassador Bridge and in Ottawa face “severe consequences” as the border disruption grips the supply chain.

Dysfunction at the nation’s largest port helps explain why the U.S. is losing the trade war to China.

Among Friday’s notes: Atlanta’s freight market loosening, Chicago a solid destination for carriers, and more.

Remember “The Love Boat”? Today, we present the Love Plane, bringing your sweetheart goodies for Valentine’s Day.

Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.

Consumers are demanding more, and retailers that employ a multinode strategy across their supply chain are better equipped to meet those needs.

They can take my gravy when they pry it from my cold, greasy skillet.