Rail equipment provider files Chapter 7, cites ‘cash flow issues’
A South Carolina company that remanufactured locomotives and provided railcar servicing and repairs filed Chapter 7.
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A South Carolina company that remanufactured locomotives and provided railcar servicing and repairs filed Chapter 7.
They say April showers bring May flowers, but Spring Free EV is skipping right to the flowers with a new financing model for fleet owners and drivers.
Among Friday’s notes: Dallas becomes largest headhaul market, Los Angeles is a mixed bag, and more.
The Russian invasion of Ukraine this week has caused uncertainty not just for the energy markets but also for global agricultural trade.
There’s a lot of bad information out there about the state of the oil market.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Winter storm blamed for at least one death in the South is moving through the Northeast on Friday (video forecast included).
The port chaos cocktail: Mix 12 months of container bottlenecks with contentious contract talks for dockworkers.
Contract logistics giant GXO sees numerous growth opportunities for years to come.
Management from cold storage warehouse operator Americold addresses concerns about decelerating trends and a soft 2022 outlook.
Break bulk cargo with commodities of plywood, steel and rubber boosted volumes at U.S. Gulf Coast ports in January.
Federal officials are preparing for potential trucker demonstrations in Washington ahead of and after the State of the Union address.
Reliance Partners’ Graham Gonzales joins the show to discuss Reliance’s RUBI Program (Reliance Usage-Based Insurance), coverage that can be booked on a per-load basis.
Electric truck maker Nikola projects it will build 300-500 battery-electric trucks this year and post up to $150 million in revenue.
Go on a career journey with Gollapalli and learn how he and his team are helping over 3,300 trucking companies crush DOT compliance daily
The Biden administration has outlined 62 policy initiatives affecting trucking, rail, and maritime in a one-year vulnerability assessment.
The International Chamber of Shipping issued a warning of the human capital component — Ukrainian and Russian seafarers are now locked out.
Long known as an aerospace and defense technology leader, multinational conglomerate Honeywell sees opportunity in retail spaces.
This swift rise in online shoppers has stressed an already-taxed industry, increasing the demands on less-than-truckload (LTL) carriers significantly.
There are no reports of petroleum export disruptions out of Russian ports.
Energy generated by the solar panels will charge the battery and power liftgates and ancillary equipment.
Among Thursday’s notes: Capacity is loosening in Oklahoma City, outbound rejection rate trending higher in Indy, and more.
Weather disruptions have always been common across the supply chain. With climate change-induced severe weather conditions on the rise, logistics companies should expect – and plan for – even more challenging conditions in the future.
Echo’s CIO aims to further tech innovations, including API improvements for shippers and carriers.
Softbank is leading a $140 million investment into headless commerce firm fabric at a $1.5 billion valuation.
Air cargo was a bright spot for Air New Zealand last year, thanks in large measure to government aid for flights geared toward cargo.
Multiple fleets placed deposits for 100 extended-range Hypertruck ERX units as Hyliion Holdings declared it has enough money for a late 2023 launch.
Brian Kava has taken over as CEO of last-mile delivery firm Pickup, with plans to expand its coverage area and grow revenue.
The procurement module will help companies find more sustainable suppliers, said Ethan Soloviev, chief innovation officer at HowGood.
Truckers should expect more hazardous winter weather Thursday and Friday from Texas to Maine (video forecast included).
More than 22 years after Oregon truck driver Roger Kelly was fatally shot while parked for the night in a dirt lot near the Best Western Hotel in Fernley, Nevada, his murder remains unsolved.
Drawing on the intense media attention gained by defiant Canadian truck drivers and opponents of government mandates regarding COVID-19, some U.S. truckers have launched their own cross-country effort, the “People’s Convoy.”
Ontario’s Ministry of Transportation says it suspended the operating authorities of 12 truck operators as part of a crackdown on the Freedom Convoy protest in Ottawa.
The railroad says it is taking steps to grow capacity, both on its network and in places where more volumes need to push through, such as Charleston, South Carolina.
Supply chain visibility leader project44 made a trio of announcements Wednesday, including an expansion and a new offering.
Many automation solutions companies are penetrating the industry to remove supply chain friction, improve efficiency and job satisfaction.
Summar focuses on helping small carriers with one to 30 trucks sustain and grow their businesses.
There are now more container ships waiting off East and Gulf Coast ports than there are off Los Angeles/Long Beach.
Lufthansa is complementing its transcontinental freighter fleet with some smaller aircraft.
Small and midsize factoring companies are able to achieve a competitive advantage, which many previously thought was impossible without millions of dollars of investment.
FreightVana is planting a tree per load; Convoys in the USA; how usage-based insurance works
A U.S. district court determined that objections by two unions over BNSF’s new attendance standards qualify as being a minor dispute under federal law, meaning that it would be illegal for the unions to strike over the issue.
Among Wednesday’s notes: Capacity’s loosening in Jacksonville, outbound rejection rate falling in Columbus, and more.
Technology companies such as Sibros, a hardware-agnostic connected vehicle platform company, are the reason vehicle owners aren’t making weekly trips to the dealership and why maintenance on modern software-defined vehicles is becoming increasingly easier.
Cannabis retailer High Tide, which operates banner stores like Canna Cabana, is adding a two-hour delivery service.
Truckload carriers continue to pay up for drivers. Dry van carrier Cargo Transporters announced another increase to its pay package.
The data is difficult to compare on an apples-to-apples basis, but some trends can be spotted.
Fulfillment robotics developer RightHand Robotics has raised $66 million as it seeks to expand globally.
Eight Chicago-area communities say a merger between Canadian Pacific and Kansas City Southern would result in more freight traffic and an increased likelihood of blocked crossings stemming from longer trains.
A developing winter storm could cause significant delays in freight flows over the next few days (video forecast included).
“As the largest cannabis distributor in the largest markets in the U.S., we continue to source, implement and deploy leading technology solutions into our infrastructure to refine our processes and remain competitive and agile,” said Michael Beaudry, founder and CEO of HERBL.
Several trade and transport groups claim ocean carriers should lose special antitrust privileges and face stricter regulatory enforcement of shipping laws.
The Biden administration announces $450 million in port-expansion grants.
TuSimple claims a “clean bill of health” as a U.S. probe of foreign investment ends with an agreement to guard U.S.-developed technology.
Tanker and dry bulk trades could be disrupted; container shipping faces heightened risk of cyberattacks.
Michael Lohscheller has been named president of Nikola Corp., charged with leading the electric truck maker’s global growth.
In this issue, truck convoys head to D.C.; contract rates up 25%; more volume incoming
The seven-week run of increases has taken the benchmark up more than 44 cents.
“We are excited to help usher in a new era of intelligent, modern logistics with a focus on sustainability for our customers, our employees, our shareholders and our planet,” said Lily Shen, CEO and president.
Cummins Inc. will buy Meritor for $3.7 billion in a deal that combines traditional and new power components for commercial trucks.
These are quick safety tips for truckers navigating dangerous snow squalls.
In order to take advantage of different RFP options, shippers must have access to the data they need to determine which lanes need to be repriced and when. Success requires coupling decision-making with efficient technology.
Federal regulators are moving ahead with proposed improvements to a national database used to file complaints in the trucking industry.
Australia’s Zoomo, which builds light-electric bikes geared toward last-mile delivery services, gets a funding boost.
Brown Bear Transportation announced Monday that it is expanding its reach throughout the Northeast with the recent acquisition of Abenaqui Carriers.
“I read that if we could save drivers 18 minutes a day, we would not have a driver shortage problem. We think it’s possible to give them those 18 minutes just from time wasted at the warehouse alone,” says C3 Solutions’ CRO.
Among Tuesday’s notes: Harrisburg becoming attractive for carriers, rates expected to improve from Houston to Atlanta, and more.
Modern Shipper spoke with Daniel Sokolovsky, founder and former CEO of AxleHire, about his newest delivery venture, Warp.
Expeditors announced its earnings while it is in the midst of a cyberattack.
The U.S. Postal Service is expanding a pilot program that will offer small businesses next-day and even same-day shipping at affordable prices.
FreightWaves is featured in the Rise of the Rest’s first annual report.
Hyliion Holdings has doubled its headcount amid an unrelenting battering of electric vehicle startup stock values.
Truckers who can’t avoid the Upper Midwest will likely hit more whiteouts and potential road closures Tuesday (video forecast included).
Just like in California, Uber, Lyft and others are funding the effort to define gig workers through a referendum.
The Food and Agriculture Organization of the United Nations (FAO) Food Price Index averaged 135.7 points in January, 1.1 percent higher than December and the highest level in 11 years. […]
The U.S. and Canadian governments closed their borders to unvaccinated and partially vaccinated truck drivers in January, sparking protests across Canada.
“Partnering with Bunker Holding will accelerate the marine industry adoption of biodiesel to achieve aggressive carbon reduction goals,” said Bob Kenyon, senior vice president of sales and marketing at REG.
Global logistics provider Expeditors International shut down most of its operations systems after a cyberattack, limiting the ability to book shipments.
Market consensus is that many drivers stay home during the International Roadcheck, and SONAR data supports the thesis.
Among Monday’s notes: Rate volatility impacting Atlanta and Houston markets, national rejection rates continue to slide below 19%, and more.
Volkswagen Group has not said how many vehicles are on the Felicity Ace or the breakdown of the models, although it has been reported they included 2022 Porsche Boxster Spyders as well as Audis, Bentleys and Lamborghinis.
Congestion mounts at SC Ports; Asia getting backlogged again; an invention that stops flickering lights; SmartHop expands in Miami
The Surface Transportation Board wants more details about the concessions that BNSF and CN are seeking as Canadian Pacific acquires Kansas City Southern.
The 2022 NASCAR schedule kicked off over the weekend with the circuit’s signature event, the Daytona 500. The winner on Sunday was 23-year-old rookie Austin Cindric, making just his eighth […]
Temperature- and time-sensitive 3PLs join forces in the brokerage industry’s latest deal. Direct Connect Logistix announced Monday it has acquired Performance Logistics.
The two groups disagree on numerous issues but came together over the issue of parking.
The three-week protest in Ottawa ends after police arrest 191 people and tow 76 vehicles during a massive operation targeting remaining truckers and Freedom Convoy supporters.
One hour. That’s how long it could take a rocket to carry troops and material from a base in the Midwest to the Middle East if technology the military is exploring proves out.
“We are coming out of the gate with the LoadBoard Network software but the best part is the infrastructure is all new. There will be unbelievable opportunities for customers as we add features,” says the founder and president of LoadBoard Network.
A trio of politicians in Washington is hoping to get funding approved to study portable benefits models for gig workers.
Periods of heavy snow and high winds will delay truckers this week from the Rockies to the Great Lakes (video forecast included).
Five takeaways on the precedent-setting Surface Transportation Board proceeding that could define how U.S. freight railroads navigate requests to expand passenger rail service on freight rail networks.
GXO Logistics announced it has worked out the details of a $1.3 billion acquisition of Clipper Logistics.
AskWaves looks into the growing amount of shipment detail needed when submitting an RFP.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Dunavant sees opportunities in Mexico amid supply chain disruptions; a Canadian auto supplier expands in Mexico; Schneider Electric announces a new plant in El Paso; and Grovara opens its Mexico headquarters as part of an international strategy.
Shippers have been bidding against each other for capacity over the past year with little to show for it, and it appears paying more will not solve the crunch.
This week: James “Big Brown” Joseph joins UPS volunteers to build a wheelchair ramp for a World War II veteran, FedEx launches its Small Business Grant contest and Ruan’s vice president of operations joins the One Warm Coat board.
Truckload rates have plateaued and may head down in the second half, Miller says. There is more runway for LTL increases, however.
FreightWaves market expert Mike Baudendistel chats with Harris Ligon, co-founder and CEO of a stealth startup, about how recent growth trends for industrial production in North America will affect rail volumes and equipment availability.
Nexxiot co-founder Daniel MacGregor chats with FreightWaves’ Tyler Cole about how data and Internet of Things can impact sustainability.