Historic year continues for commercial real estate sales
Commercial real estate sales continued to boom in 2021, with prices up 27.4% on a year-over-year basis in November.
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Commercial real estate sales continued to boom in 2021, with prices up 27.4% on a year-over-year basis in November.
For truckers dreaming of a white Christmas, FreightWaves has mapped out the most likely areas for it to happen.
Drone delivery reached new heights in 2021, and as a result, there was no shortage of interest in the technology.
After an exceptional year for ocean shipping, the data points to more action ahead in 2022.
The levies on various services come three weeks after annual rate increases kick in and one day after peak-season fees drop off.
The White House will be “shining a light on profiteering” by ocean carriers in an effort to fend off inflation and keep supply chains moving.
“Expectations are that high consumer demand and low inventory levels will keep rates elevated well into next year,” says Peter Sand, chief analyst at Xeneta.
As much as 10 feet of snow could pile up in parts of the Mountain West by the end of Christmas weekend (video forecast included).
New customs formalities will require companies moving goods between the U.K. and the EU to quickly become familiar with new systems and technologies to keep their shipments flowing.
“We are a data company that happens to be applying our data points to solving problems in supply chain,” says Dray Alliance co-founder and CEO Steve Wen.
TForce Freight has rolled back the speed reductions for some trucks based in Houston after drivers complained about running out of hours.
Also on the podcast: What’s holding back US investment in more oil drilling?
Nikola and Volvo bag new orders for electric trucks as the industry transition to zero tailpipe emissions gains momentum.
Meera Joshi’s surprise departure from FMCSA is the latest in a string that may have the public wondering why the job is so difficult to fill.
A national regulatory body has permanently banned the Chicago-based parent companies of K-Ratio X’s now-defunct fuel hedging program that targeted trucking companies from any futures trading.
Omicron sweeps across the nation — 73% of United States COVID-19 cases. Omicron has raced ahead of other variants and is now the dominant version of the coronavirus in the U.S., federal health […]
Sources within GLP told The Washington Post that the public company will manage about $100 billion in U.S. logistics real estate assets.
Reducing empty miles will have a bigger impact on reducing carbon footprint compared to electrification and alternative fuels until 2034.
Among Wednesday’s notes: Plan for service disruptions out of Denver, Headhaul Index in Columbus falls slightly, and more.
The test by the startup company is not being viewed as a proof of concept but rather to demonstrate its model to midsized companies.
Many LTL carriers have lowered caps from 16 linear feet to 12 linear feet, either denying freight that exceeds those limits or instituting punitive pricing measures that make moving it unaffordable.
Optimizing a broader carrier base can work wonders for shippers. The trick is how to balance new partners without tossing the benefits of the old ones.
The biggest, baddest space observatory ever built is ready to ride into space on Dec. 25. How did NASA safely deliver it to the launch site in South America?
U.S. utilities are facing record low coal stockpiles, and network congestion on the rails is only adding to the stress.
Maersk is becoming an integrated logistics goliath with the ability to provide freight management, transportation, warehousing and e-commerce fulfillment for big retailers and manufacturers.
Kevin Hill and Richie Daigle welcome Ryan Rogers, the founder & CEO of TextLocate, on the show to discuss the fun and terror of launching a business.
Prosecutors who helped secure the conviction against Rogel Aguilera-Mederos are asking the judge to reconsider the 110-year prison sentence.
Cummins and China’s Sinopec Group will spend $47 million to build green hydrogen technologies in Guangdong Province.
Sun Country maintains labor peace with its pilots.
Spot rates topped $300,000/day, sank to teens, rose to over $360,000, now back near $100,000.
The international agency will use its platform to conduct outreach while training the industry on how to combat fatigue.
Mack Trucks has begun serial production of its fully electric LR model in Macungie, Pennsylvania..
Navistar and MAN SE leaders trade positions as Traton continues a makeover of Navistar’s executive team.
Rejection rates have surged past the 21% level on the national level. Meanwhile, volumes have turned positive year-over-year. The combination of tightening capacity and stronger demand is placing upward pressure on rates.
Federal rules mandate the collection and maintenance of driver qualification files, but for fleets, managing this process can be cumbersome and fraught with potential liability.
Gatego’s platform has an interface for both shippers and carriers that allows both parties to keep track of check-ins and yard inventory across multiple yards.
Veho, a crowdsourced e-commerce delivery platform, has raised $125 million to become last-mile delivery’s latest unicorn company.
The pilot program in Chicago and Kansas City aims to encourage trucks to come — and go — with a shipping container.
These are six storms in U.S. history that have wreaked havoc on transportation at Christmastime.
EDRAY’s global shippers reportedly have seen a 40% increase in drayage productivity, five times less rehandling and 25% less emissions.
Among Tuesday’s notes: Volume imbalance growing in Dallas, reefer rejection rates out of Pendleton above 60%, and more.
The end of 2021 brings the confirmation of a Surface Transportation Board member and approvals of short line requests.
Nikola avoids admitting wrongdoing, but the SEC lays out a litany of misdeeds that led to the $125 million settlement.
UPS Airlines boosts its fleet with a big order for Boeing cargo jets.
“We don’t partner with one asset, we partner with all box truck assets in a region and we aggregate the totality of orders to be sure that there is one full truck delivering to one ZIP code,” said Onward Delivery CEO Grafton Elliott.
B2B e-commerce is exploding, but payments processes are not keeping up, turning what should be a seamless experience into a frustrating process for many.
The 11th Circuit Court of Appeals determined that paid suspensions are a reasonable course of action pending employment investigations.
From ocean shipping reform to vaccine mandates, the past year has been a backdrop for new and proposed government oversight and requirements affecting carriers and shippers.
The first day of winter will be a wet and stormy one for most truckers in Florida (video forecast included).
RLS Logistics continues to roll up the cold storage market, adding one family operator at a time.
Even as retail prices drift lower, commodity diesel prices have posted two days of sharp declines.
Plus and Iveco lay out a timeline for driver-supervised autonomous trucks followed by fully driverless trucks.
J.B. Hunt Transport announced that eligible drivers and maintenance techs received nearly $10 million in appreciation bonuses on Friday.
he parking brake may release unintentionally on about 22,000 refuse trucks, creating a potential rollaway. Mack has reported five crashes to NHTSA.
The latest example of an ocean carrier expanding into the logistics space involves MSC trying to buy a piece of Bolloré Logistics.
The agency that regulates trucking has not had a Senate-confirmed leader in more than two years.
The addition of three cranes along with dredging and the construction of a freight corridor has Boston big ship ready.
The railroad veteran removed himself from consideration over the weekend.
The Bay Area-based autonomous vehicle maker received an investment from TDK Ventures, a subsidiary of Japanese multinational electronics company TDK Corp.
A former Central Freight Lines employee claims the Waco,Texas-based less-than-truckload carrier violated federal law by failing to give 60 days’ notice of its planned shutdown to nearly 2,100 employees and truck drivers, who found themselves without jobs two weeks before Christmas
Among Monday’s notes: Pittsburgh outbound tender volumes up 10%, rejection rates climb in Memphis, and more.
Don’t be afraid of the drone swarm. It’s just Korean Air’s approach to using several drones at once to visually inspect its aircraft.
Locomation earned high marks on a third-party environmental impact report conducted by Boundless Impact Research and Analytics last month.
After a couple of oddball years, shippers and carriers alike are anxious to see how the market rebalances — or doesn’t — after the new year.
The customer journey should not end with a return, said parcelLab CEO Tobias Buxhoidt. Instead, the return should represent another opportunity to build a loyal customer.
Renewable diesel continues to grow in popularity due to its emission-reduction potential and health benefits for workers and surrounding communities.
Truckers will hit high winds and several feet of snow in the Sierra Nevada Christmas week (video forecast included).
FreightWaves takes a look back at some of the most destructive weather events of 2021 and their impacts on freight.
Experts across the supply chain weigh in on the most impactful sustainability trends in 2021.
AskWaves looks at some of the catalysts that have heated up M&A in the transportation space.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: manufacturing sector in Austin, Texas, is booming; GDP from transport in Mexico averaged fell sharply last year; reverse logistics firm opening Fort Worth facility; and CBP finds massive load of drugs in auto parts load.
OSHA extends compliance deadlines for its vaccination mandate to Jan. 10 and Feb. 9 as ATA takes the fight to the Supreme Court.
The logistics startup has wrapped up its series B funding round.
This week: CFI employees raise holiday funds for local charities; XPO joins other industry professionals for Wreaths Across America Day; and Gopuff gives toward Kentucky tornado relief.
Auxo Investment Partners explains rationale for why it chose to invest in rail service providers.
More parcel processing capacity and earlier holiday shopping schedules are key factors in the agency’s improvement, ShipMatrix says.
A truck driver didn’t survive a rollover after severe winds struck his 18-wheeler in Iowa.
Class 8 truck orders placed this year for 2022 models are being retimed to next year as 2023 models because parts shortages are preventing production.
Carriers and shippers are turning to East Coast ports as Los Angeles/Long Beach remains mired in congestion.
The White House is asking carriers to play nice with exporters, but next year Congress may give it a hammer to use if shipping practices don’t change.
FedEx’s Express and LTL units delivered solid performances, while the bottom may have been hit at its Ground unit.
The woman pleaded guilty but was not a key organizer of the June 2017 accident.
Volumes turn downward heading into the Christmas week while rejection rates have rebound back above 20%. Carriers still maintain a firm grip on pricing power in the market.
It’s the final and most festive WTT of the year with project44’s Jett McCandless; FreightWaves Craig Fuller, and cheer from around the industry
People who signed the petition are protesting Rogel Aguilera-Mederos lengthy prison sentence, along with his company’s role in the accident.
The new partnership will offer on-demand, same-day delivery of home goods, electronics, beauty and personal care products.
San Antonio-based Rush Enterprises, already far and away the largest U.S. network of commercial truck dealerships, is getting even bigger.
Among Friday’s notes: High TRAC rates for Dallas to Detroit, Headhaul Index in Harrisburg up 7%, and more.
The instant delivery company could be valued as high as $40 billion after securing its latest series X funding raise.
Truck Tech is a weekly newsletter focusing on autonomous, connected and electric innovations in the trucking ecosystem for fleets.
Full customs formalities will be required on goods moving into the U.K. from the EU after the new year. If you’re not prepared, expect congestion, delays and learning curves.
Uber Eats will begin delivering from select restaurants in Santa Monica using autonomous vehicles provided by Motional.
The new infrastructure bill is now law. As signed by President Biden on Nov. 15, it will ultimately spend $1.2 trillion. What will that mean in practice?
Relying on a single data source to predict pricing is risky in the best of times. Right now, brokers and shippers are already facing high — and highly variable — rates. A lack of true insight in the mix only makes the situation more chaotic.
A compilation of the past week in social media images includes a blizzard out West, a Plains dust storm and a late-season wildfire.
Also on the podcast: The incredible shrinking US refining sector.
FedEx Express has taken delivery of the first electric vans as part of a 500-unit order from BrightDrop. The vehicles are in operation in California.
“Demand for RNG will continue its rapid growth trajectory. We are in the early days of seeing corporate goals to reduce carbon turned into actual actions,” Greg Roche, vice president of sustainability at Clean Energy, told FreightWaves.
Truckers will hit heavy snow and whiteout conditions this weekend in the Washington Cascades (video forecast included).
The Health Industry Distributors Association said that between 8,000 to 12,000 containers filled with millions of critical medical supplies are delayed.