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The seasonally adjusted jobs number for truck transportation has now been more than the previous high level for two consecutive months.
Also on the podcast: Some numbers that point to why the diesel market is climbing.
While the law guarantees the right of employees to strike, the law also places limitations and qualifications on the exercise of that right.
With just about everything in short supply, circular logistics lets companies keep their inventories stocked by sourcing from their own customers.
A winter storm will produce icy weather along Interstate 95 in the Northeast (video forecast included).
Bipartisan legislation introduced in the U.S. Senate would give maritime regulators power to shift the carrier-shipper balance.
Werner Enterprises beat fourth-quarter expectations and announced plans to grow revenue by 10% on average over the next five years.
USA Truck Inc. rode a robust freight and pricing market to revenue of $200.9 million and earnings per share of $1.38 during the fourth quarter.
In this exclusive interview with American Shipper, the port envoy to the White House Supply Chain Disruptions Task Force discusses the state of the ports, the challengers at hand and the outlook for the future.
Accusations fly as shipping lines rake in billions, but the numbers imply more carrier competition, not less.
A winter storm is severely impacting express air and air cargo operations in the middle of the country, which could impact deliveries anywhere in the U.S.
Shares soar 18% in after-hours trading as investors hail fourth-quarter performance.
“A complete transition to ZET technology would not only help mitigate the impacts of climate change and poor air quality but could eventually lower total cost of ownership for fleets and create job growth in the U.S.,” the report said.
Nearly a year and a half into a tight truck market and carriers continue to raise driver wages. Midwest Carriers and CFI are the latest to announce increases.
The introduction of the entry-level driver training rule is a boon for truck safety and could help reduce the industry’s driver shortage and retention concerns.
It took a delicate dance by truck manufacturers and fleets in January to keep Class 8 orders from adding to the industry’s huge backlog.
Congress, regulators and industry are trying to develop a long-term plan that would allow 5G cell towers to coexist with airport traffic.
Schneider provided a better-than-expected earnings outlook for 2022 on Thursday. The company also raised margin targets in two key segments.
Fatal traffic accidents in winter are most common in unexpected places, according to a recent study.
“Right now it seems like everyone is flying blind, then playing hot potato by giving it to the next party,” Kempisty said.
Supply chain challenges and higher material costs dented profits, but Cummins Inc. posted record revenues in 2021.
Sustainability leaders like Convoy are advocating for the freight industry to focus its attention on working to decrease carbon emissions and eliminate waste.
Donations to Freedom Convoy 2022 had reached CA$10 million on GoFundMe, which paused the fundraiser and said it wanted to “ensure the funds are going to the intended recipients.”
Among Thursday’s notes: Volatility on Atlanta-to-Laredo lane, Headhaul Index in Greenville up 19%, carrier and shipper updates, and more.
A new coalition, Justice for App Workers, is aiming to unionize about 100,000 ride-share and delivery drivers in New York City.
Lula has raised $5.5 million for its platform that connects convenience stores with last-mile delivery providers.
The truckload carrier’s OR is one of the best in the industry but it’s being done on a smaller base of business.
Truckload carriers have been raising pay for 18 months now to meet heightened demand. But when this trucking cycle cools, don’t expect wages to follow in lockstep.
Snow and ice have forced airport closures and flight cancellations from Texas to Pennsylvania (video forecast included).
Traffic is beginning to move at the U.S.-Canada border in Coutts, Alberta, after protesting truckers agree to reopen some lanes.
Less-than-truckload carrier Yellow Corp. reported better-than-expected adjusted fourth-quarter results Wednesday after the market closed.
Two rail unions have sent a letter to Transportation Secretary Pete Buttigieg and Labor Secretary Martin Walsh criticizing the attendance policies of BNSF and other Class I railroads.
Trucking regulators have issued updated guidance that could help new drivers get on the road faster.
Capacity must expand by 15% just to keep up with normal inventory levels and build resilient operations, the company’s research arm says.
The air cargo market is very strong, but the latest January numbers are deceiving.
Wabash retires its legacy brands to focus on the company name as its swollen backlog all but closes 2022 order books except for multiyear purchases.
Barring an economic downturn, U.S. demand could still be squeezing ports a year from now.
RLS Logistics builds out its national cold storage network with two acquisitions.
What are the plans for the next trucking convoy? Plus, FreightTech CEOs talk about building their tech and businesses
Top executives resigned at ELMS Inc. following a board probe into their discounted stock purchases before a SPAC merger.
Among Wednesday’s notes: Lunar New Year impact, tender rejections surging in Nashua, shipper and carrier updates, and more.
Despite the victory of saving Christmas, the congestion problems at the nation’s largest ports have not improved.
Los Angeles-based Virgin Hyperloop, formerly Virgin Hyperloop One, has raised more than $400 million in private capital since its founding in 2014.
Less-than-truckload carrier Old Dominion raised its long-term margin target when it released better-than-expected fourth-quarter earnings Wednesday.
Pitney Bowes’ Nita Lathia becomes head of marketplaces for Passport.
While major parcel carriers offer a one-size-fits-all service under the guise of simplification, ACI Logistix applies a consultative approach.
Logistics provider GXO is now using 3D technology to automatically measure and size shipping boxes to the item being shipped.
By gathering this information at pickup, DDC Sync is enabling near-time logistics planning and cross-team communication that can be made before a truck ever makes it back to the terminal.
‘Safe co-pilot’ PlusDrive makes trucking safer, more fuel efficient and comfortable for drivers
“We’re not looking to replace trains. We’re looking to augment trains with a system that is trying to be competitive as an alternative to trucks,” said Matt Soule, co-founder and CEO at Parallel Systems.
Shippers may benefit from limiting the number of partners they work with in a loose market, but this exclusionary approach has become a serious — and seriously expensive — problem as capacity has tightened and rates have climbed to record highs.
Saia’s operating ratio was up more than 500 basis points in Q4 2021 compared to the final quarter of 2020.
Despite strong revenue growth, freight broker productivity fell sharply.
The governors of Illinois, Missouri and Oklahoma declare states of emergency ahead of a major winter storm (video forecast included).
TuSimple advances its commercialization timetable for driverless trucking and adds intermodal freight for Union Pacific at the Port of Tucson in Arizona.
Police are taking action to remove a truck blockade at the U.S.-Canada border that stranded some cross-border drivers.
Canadian trucker protest rolls into week 2, spot rates, restroom shortage, autonomous train cars and more
Paul Titterton will become president of GATX’s Rail North America division and Scott Pelkey has assumed the role of CFO of CSX.
Bottlenecks and a lack of transportation capacity led many retailers to order extra merchandise in the fall. Inventories are now piling up at points along the supply chain for some companies because they still can’t find the transportation to move the goods, a supply chain survey finds.
UPS posted its best quarterly operating profit in its history. It also declared a 49% dividend increase.
Railcar orders rose more than 50% in the fourth quarter, according to the Railway Supply Institute.
Extra safety precautions, for cargo and crew, are needed when vaccines need ultra-cold transport by air. The FAA wants to fine-tune its safety guidance.
Computer glitches are being blamed for the delay of the Project Infinity rollout that some fear could break up long-standing relationships with carriers.
After investigators uncovered a variety of safety violations, Adversity Transport was issued a federal out-of-service order on Jan. 25 forbidding the company to operate.
Canadian trucking firm Pride Group Logistics dramatically expands its U.S. presence with the acquisition of Texas truckload carrier Arnold Transportation Systems.
RenoRun, a last-mile delivery provider of building and construction materials, has raised $142 million in a series B round and announced its expansion to Washington, D.C.
Glencore is selling its metals warehousing business to Malaysia-based Infinity Logistics and Transport Ventures.
ArcBest raised long-term expectations Tuesday in conjunction with its fourth-quarter results, which were better than expected. The company now eyes doubling its size by 2025.
Daimler Truck North America and two partners plan to spend $650 million to build public electric charging for medium- and heavy-duty trucks.
Forager founder and CEO Matt Silver will continue to work closely with his team as Arrive’s vice president of cross-border solutions.
ANA is moving lots of goods across the Pacific and throughout Asia with its cargo and passenger jets.
As competition for truck drivers heats up, fleets need to take steps to improve their recruiting, hiring and onboarding processes to find candidates and get them into trucks.
WorkHound’s “feedback loop” is an anonymous way for quick driver comments to get into the hands of trucking companies.
Current economic metrics prove that something extremely bad is happening to our economy, which has the potential to destroy everything we’ve worked for.
ArcBest on Tuesday reported fourth-quarter results, which once again outpaced analysts’ expectations.
Impending winter storm’s supply chain impacts could be far-reaching (video forecast included).
A lack of restroom access for drivers still plagues the trucking industry.
Chicago-based on-demand freight marketplace closes on $200 million series D round.
Among Tuesday’s notes: Spot rates peak from Augusta to Allentown, winter storm will impact Dallas to St. Louis, and more
A new export container subsidy at the Port of Oakland received a tepid response from lawmakers pushing for a major overhaul of shipping regulations.
Diesel is rising faster than the price of crude.
Here’s what it looked like in the middle of the “Freedom Convoy” protest In Canada.
Carrier profits are reaching previously unimaginable heights as supply chain disruptions supercharge gains.
Rene Garcia was arrested in May 2021 while attempting to drive a truck hiding 51 migrants through a Border Patrol checkpoint in Falfurrias, Texas.
One of the biggest issues is grid power supply and demand. How will it transform — and how will it grow?
E-commerce is becoming an increasing area of focus for some ocean carriers.
The investments rely on expectations that customers will want easy or green access to railroads’ intermodal offerings.
In affiliation with Ryder, FreightWaves’ data team recaps Q4 and highlights the trends that are likely to have an impact in the first half of this year.
Qatar Airways is renewing its freighter fleet with a big order for an all-new aircraft from Boeing.
Impacts of protest on border freight; state of retail fulfillment; sourcing from Mexico; noncompetes and more
Data collection is only part of the solution for e-commerce brands. It’s understanding what to do with that data and how much to share with customers that really matters.
Robomart, the company pioneering the store on wheels, is ready to shape the future of retail delivery with its store-hailing model.
Legislation affecting the world’s largest gantry crane manufacturer brings supply chain risks along with it, according to a port security expert.
Among Monday’s notes: Winter storm impacting spot rates, Headhaul Index up 30% in Cincinnati, and more.
J.B. Hunt Transport acquires less-than-truckload furniture carrier Zenith Freight Lines from Bassett Furniture.
UP will examine the locomotives’ performance at its yards and in California and Nebraska and see how the locomotives can be deployed for long-haul service.
“I do believe that companies can make this profitable for themselves,” said Zsofia Agnes Nagy, supply chain adviser at BZLW Consulting.
The FTC wants to know if large corporations are engaging in anticompetitive supply chain practices.
Impending winter storm could cause major supply chain disruptions from Plains to Midwest (video forecast included).
Nominate industry-leading shippers for FreightWaves’ annual Shipper of Choice award before Saturday, April 2.
