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FreightWaves’ Tyler Cole and Brad Benbow, business growth investments at Ardagh Group, chat during FreightWaves’ F3 Virtual Experience on ways to cut supply chain waste.
Go behind the scenes at F3 with Dooner in this edition of the WTT newsletter
Parts shortages delay winter testing of Hyliion’s Hypertruck ERX while Cummins’ competition casts doubt on the future of the startup’s current Hybrid eX.
Volume growth dissipates to kick off November while rejection rates remain well below year-ago levels. Tightness in Southern California will put upward pressure on rates.
“[What] speaks to M&A in our space right now is, a fast-growing, value space organization is actually worth more than a slowly growing, stable, profitable business,” says CarrierDirect’s CEO of the current brokerage market.
Latin American countries “are all completely different markets that need different solutions and I look forward to helping project44 understand those differences,” says Pierre Jacquin.
Both Uber Eats and DoorDash surprised investors, but not in the ways one might think.
Lawmakers have introduced bills that would tap into unspent COVID-19 relief funds to help compensate vessel owners looking to reroute ships away from choked Southern California ports.
Among Wednesday’s notes: Capacity tightens in Memphis and eases in Elizabeth, shipper relief in Grand Rapids, and more.
The Great Lakes could be a trouble region for truckers, based on NOAA’s winter outlook.
Cross-border trucking and logistics firm Titanium is negotiating higher rates with customers as inflation puts pressure on margins. “Nobody is shocked,” COO Marilyn Daniel says.
Kendra Phillips from Ryder System leads a fireside chat with Guillermo Garcia, CEO and co-founder of SmartHop, on how smaller companies can compete in the freight industry.
ATA’s suit comes just a few days after what it says was a “major victory” with the Labor Department secretary’s statements regarding trucking and the vaccine rule.
Tesla has been many things, but to Ed Niedermeyer, the company is a case study filled with both good and bad lessons on how to build a company.
Midsize forwarder Hassett Logistics lost a lot of event business but gained in e-commerce during the pandemic.
Rivian priced its IPO at $78 a share, turning early funding by Amazon, Ford and others into billions in returns on those investments.
“As that system proves out over billions of miles of experience and proves the real safety of the technology, we think that will be a key building block towards fully autonomous trucks,” says Plus COO and co-founder Shawn Kerrigan.
Investments in cold chain visibility and control solutions help ensure the integrity of the cargo and efficient capacity use when capacity is scarce.
Truckers could hit spots of 60-plus mph winds and big hail in the southern Plains the next two days (video forecast included).
The Gartner research VP will also share his views on data, AI and sustainability.
Autonomous trucking software developer Kodiak Robotics raises $125 million in new capital after passing on going public via SPAC.
A small number of non-U.S. entities determine vessel and container levels for U.S. ocean supply chains.
Finding capacity and orchestrating communication along supply chains.
Third-party logistics provider Radiant Logistics again posted record quarterly results on Tuesday. On a call with analysts and investors, company officials called out strength in virtually every segment Radiant serves.
WHAT THE TRUCK?!? is live from F3 with guests from Waymo, Daimler, Gatego, Armstrong Transportation and Loadflex
Michele Sancricca of Amazon Web Services talks to Chris Hurst of StratusCloud about the increasingly critical role of data in the supply chain is changing how companies are turning to cloud-based services to manage the information.
Transportation Secretary Pete Buttigieg has offered assurances that billions of new tax dollars dedicated to infrastructure will be protected against fraud and mismanagement.
What makes visibility systems useful for supply chains is when it flows that information into a company’s planning systems, says Kevin O’Meara, vice president of integrated supply chain at Shaw Industries Group.
Domestic headwinds were balanced out by an international expansion as DoorDash stock popped 10% in post-market trading.
President Biden got input Tuesday from express carriers and large retailers on the supply chain crisis.
Suspending electric van production, converting debt to equity and reducing cash burn are among the new CEO’s early moves at the troubled Workhorse Group.
FreightTech companies demonstrated products and services designed to improve efficiency in supply chains.
FreightWaves’ Kevin Hill sits down with Michael Newcity, ArcBest’s chief innovation officer, during the F3 Virtual Experience to discuss the importance of customer collaboration in building winning technology solutions.
IT can help companies hit efficiency and sustainability objectives, DHL unit’s innovation leader says.
PS Logistics has acquired Daryl Thomason Trucking, which has 108 tractors and 167 53-foot flatbed trailers.
FMCSA new authority approval at record high from spot rates and tight capacity The Federal Motor Carrier Safety Administration is setting records. New motor carrier authority approvals are at an […]
Reliance Partners’ Mark Vickers discusses how usage-based insurance introduced to freight markets moving into Mexico is a relatively new product that protects a shipper against the very different Mexican laws on liability.
In building out a hydrogen infrastructure, Cummins Inc. New Power President Amy Davis says make the hydrogen first, then make it cleaner.
The first major snowstorm of the season will likely delay truckers in high-volume freight areas of Canada this week.
Among Tuesday’s notes: Record daily volumes for Port of NY/NJ, Memphis outbound rejection rates fall, a new SONAR release and more.
Electronic bill of lading capabilities in less-than-truckload shipping are growing in favor, according to shipping management platform MyCarrier.
DHL is making changes to its airline-within-an-airline concept.
BNSF is suing four railroad unions over its ability to require employees to be vaccinated against COVID-19. BNSF says it needs to comply with President Joe Biden’s vaccine mandate.
Federal regulators are calling for a “full and thorough review” of the proposed purchase of the largest port operator in the U.S. by a Canadian pension firm.
Less-than-truckload carriers report strong October results. But one analyst questions if the stocks have run too far ahead of results.
Fabric and its microfulfillment networks are already valued at $1 billion despite operating in just three cities.
TLDR: A big international climate treaty meeting in Scotland (blah, blah, blah), 72 recipients of the latest EPA Green Freight awards, and the difficult task of choosing between steak and ice […]
Podcaster Guy Raz has interviewed hundreds of founders, and they all have one thing in common: no fear of failing.
Last week’s conclusion that solo drivers aren’t under the vaccine rule is turning to this week’s questions about team drivers.
Stuart Scott, J.B. Hunt’s chief information officer, said technology such as the cloud and automation are the future of freight.
Truckers will face additional delays in the Northwest and Sierra Nevada this week as another round of storms cranks up (video forecast included).
A handful of small airlines want a piece of the action in air cargo, which continues to grow at a robust pace.
Fleets using Daimler Trucks North America’s Cascadia can now choose the apps or telematics solutions they want without hardware upgrades after the truck maker leveraged its partnership with Platform Science to introduce the Virtual Vehicle platform.
Truckload carriers booked record gains on the sale of revenue equipment during the third quarter but the profits shouldn’t be viewed as artificial earnings.
Keynote speakers, fireside chats, live interviews, product demos, award presentations — and the unveiling of a game-changing SONAR product — are on the agenda.
The Biden administration is racing to cut red tape so the government can expedite port and freight transportation infrastructure investments.
Serial SPAC creator Hennessy Capital and Plus cancel their merger, likely over Chinese technology regulations that could carry over to U.S. business.
The increase of 0.3 cents a gallon is the smallest in the eight-week run of higher levels.
TFI International is consolidating its U.S. truckload and dedicated operations, including Transport America and part of the former UPS Freight, under CFI to cut costs and boost performance.
PayPal customers will now be able to use their Venmo accounts to make purchases on Amazon.
Women In Trucking CEO Ellen Voie promotes Accelerate conference this week in Dallas from Nov. 7 – 9.
Federal ruling on rear impact guard inspections on truck trailers sparks debate over costly new safety equipment.
Among Monday’s notes: Savannah shatters maritime import volumes record, KC rejection rates jump and more.
BNSF’s third-quarter net income rose 14%, to $1.5 billion, despite supply chain disruptions.
Airlines are growing more optimistic about their recovery from the pandemic as the U.S. reopens its borders. Cargo is riding the coattails of the passenger bounce.
Tender indices are the most relevant benchmarks of market demand and capacity. Now through Bloomberg Enterprise Access Point, FreightWaves is enabling industrial and financial market participants to access these critical data sets..
EBITDA at the digital brokerage remains in the red, but it is getting closer to breakeven.
“Meeting customers where they need us most has been a relentless focus of the team since inception,” says the co-founder and CEO of Bolt Logistics.
Neste is supplying Cox Petroleum Transport with a fuel that can bring immediate emissions and cost savings: renewable diesel.
Texas is using repurposed shipping containers as part of its $750 million border wall with Mexico.
CSX and Norfolk Southern are asking the Surface Transportation Board to deny Amtrak’s request to restore U.S. Gulf Coast service between Mobile, Alabama, and New Orleans unless the passenger railroad agrees to pay for capital improvements to facilitate rail moves.
Lack of data sharing regarding nonscheduled vessels is adding to the congestion in San Pedro Bay and impacting the ability to plan for container processing.
Tracking and sharing carbon emissions is the first step toward net-zero carbon emissions.
Supply chain disruptions in 2021 have wreaked havoc on businesses, but smart CPG companies are leveraging data science to get ahead of the issues.
As public trading nears this week, 26-year-old Embark Trucks co-founders Alex Rodrigues and Brandon Moak focus on lean autonomous trucking.
Autonomous trucks hauling freight for Walmart are running with no driver in the seat in Arkansas, says autonomous vehicle company Gatik.
Port congestion forced container ships to go faster. Congestion remains extreme, yet ships are slowing down.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Texas toll road traffic rises above pre-pandemic levels; Texas expands CDL testing, renewals throughout November; Mexican manufacturer opens global office in Washington; and Cross-border trucking insurance firm acquired by Marsh McLennan.
The cost of diesel fuel, a main component in the cost of trucking, is climbing rapidly. This is a hidden factor that is helping keep spot rates elevated.
A rule requiring vaccines for employees, or weekly testing for workers declining vaccination, at companies with staff of 100 or more gets emergency stay.
AskWaves takes a look at which rate-per-mile metrics to use out of the information public carriers disclose quarterly.
This week: the UPS Foundation enters its 70th year of giving back, Everyday Heroes will auction off Kenworth T680 Next Gen for Truckers Against Trafficking and TA raises $102,000 for St. Christopher Trucker’s.
Congress approves provisions allowing under-21 truck drivers – as well as guidance on truck brokers and freight dispatchers – in a five-year highway bill that is part of a larger $1.2 trillion infrastructure package.
We’ll find out if the vaccine mandate applies to truckers; fight food insecurity; provide port crisis tips; and meet Fernish
Is the cold email your go-to marketing strategy? Find out if that is good or bad on this episode of Cyberly.
On this episode of #WithSONAR, Luke Falasca and Kyle Taylor look at whether we have hit a pre-peak season market peak.
As the holidays loom, a congressman wants to eliminate legal hurdles banning 18-to-20-year-old truck drivers from moving containers in and out of ports.
Private marine terminals in Tacoma are putting more pressure on importers to pick up containers that are left for weeks and choking the movement of cargo.
Among Friday’s notes: Prioritize Savannah to Atlanta lane, Headhaul Index explained, two key indices to check, and more.
Q3 2021 marked the first adjusted EBITDA-profitable quarter in Uber’s publicly traded history and the second in a row for Lyft.
Solo drivers working for large trucking companies will likely be exempt from the Biden administration’s vaccine requirement, the industry’s largest lobby group has confirmed.
Volume growth dissipates to kick off November while rejection rates remain well below year-ago levels. Tightness in Southern California will put upward pressure on rates.
A trucking trade group is urging California Gov. Gavin Newsom to enforce a state law to prevent terminal operators and ocean carriers from charging excessive per-diem and demurrage fees and using port truckers as “a convenient ATM to bolster their profits.”
“The customer demand will change so much faster than the industrial processes, and I think that to be early might be challenging, but to be too late will be devastating,” said Anna Borg, president and CEO of Vattenfall.
Warehouse and third-party logistics operator Warehouse Services Inc. has acquired Total Logistics Inc.
CEO Michelle Halkerston details Hassett’s transformation over the years into a robust and ever-evolving 3PL.
Truck Talk is a weekly newsletter offering perspective, context and insight into issues in the commercial truck ecosystem.
Also on the podcast: Time to tap strategic oil stocks?
Shipping container EV chargers can halve installation setup time and costs, Amply CEO Vic Shao said.
Kellogg Co. manages to reaffirm earnings guidance despite both industrywide and company-specific challenges. I find it impressive that the company was able to retain its guidance for both operating profit […]
