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“Noregon has a lot of different opportunities available to us and we could take the company 100 different ways right now. What direction to take is something we feel like the Hearst management team can help us with,” said the founder and CEO of Noregon.
Pitney Bowes plans to hire thousands of seasonal employees for holiday peak season, with many being offered the opportunity to remain with the company following the holidays.
Cowen’s survey, released to the public for the first time, shows a mixed reaction on the question of whether a vaccine mandate will affect carrier business operations.
Redeploying drivers to get loads to and from transfer hubs promises huge savings, according to a Ryder System-funded study with Georgia Tech.
ArcBest posted record quarterly results for the third time this year on Tuesday. Each of its segments reported double-digit top-line growth.
Post-purchase experience technology firm Narvar is adding insights into retailers’ logistics networks with a real-time monitoring service.
Truckers will have to chain up in the Rockies as the next snowstorm cranks up.
The ports of Los Angeles and Long Beach are turning into makeshift warehouses. Officials hope new fines on lingering cargo will end the practice.
Maersk expands air business after earning more in a single quarter than in any prior full year.
Federal regulators have vastly improved the ability to keep unsafe drivers off the road but the trucking industry is scrambling to make up the shortfall.
The front-month price of ultra low sulfur diesel on the CME commodity exchange is at its lowest level in several weeks.
Steve Ferreira offers up his solutions for the ports of LA and Long Beach on this episode of Navigate B2B.
Get a look at how CHEP is working toward a zero-waste world on this episode of Net-Zero Carbon.
TA’s diesel sales figures are a strong indicator of demand for the fuel, and they suggest that the third quarter wasn’t that much stronger than the second.
ArcBest announced Monday that it has closed on the previously announced acquisition of Chicago-based truckload brokerage MoLo Solutions.
The company beats earnings per-share consensus, and posts revenue gains while hiking its full-year outlook.
Regulators are urging carriers to take action to ensure their ELDs remain legal after mobile networks transition out of 3G.
Blythe Brumleve talks about the importance of knowing where your audience comes from on this episode of Cyberly.
Anthony Smith and Zach Strickland get into a discussion about the congestion-fighting measures being taken at the ports of LA and Long Beach.
When electric vehicle maker Rivian makes its public debut, perhaps as early as next week, it could be at a valuation that rivals Ford’s.
How an inland port in Utah could help with the shipping crisis; warehouses and e-commerce with ShipHero; Nikola vs. Tesla lawsuit and more
TCA and Blume Global will present a free webinar on the current congestion at the ports and how digitization can help ease the backlog.
Governments at the G20 meeting are pulling together to address supply shortages caused by freight transportation backlogs.
Among Monday’s notes: Capacity likely to tighten in Allentown, Greenville conditions easing, cities with reefer freight opportunities and more.
Amid global shipping congestion, GEODIS urges importers not to overlook their customs responsibilities.
Bed Bath & Beyond continues its e-commerce evolution, making its home and baby product lines available for on-demand delivery through the Uber Eats app.
The new shortage hits home for a small Pennsylvania fleet as its canceled Western Star order leaves it with no options for new equipment.
Fuel levies on U.S. customers to rise 100 basis points for air and ground services, source says.
Canadian Pacific and Kansas City Southern submit a joint application before the Surface Transportation Board asking to consolidate the two railroads while CN adds a rail and technology expert to its board.
The 21st named storm of the season is meandering around North Atlantic shipping lanes.
Web browsers are responding to privacy concerns by eliminating third-party cookie tracking, but doing so also eliminates a key collection point for e-commerce sellers that rely on the data to create a seamless shopping experience for consumers.
U.S. border officials handle regulated garbage and quarantine materials in order to prevent foreign pests and diseases from entering the country.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: KCS announces a new cross-border rail-served logistics facility; New York Air Brake to open plant in Mexico; Skydropx to expand across Latin America with $20M Series A funding; and CBP seizes $48M in methamphetamine from tractor trailer.
Contract rates for trucking have been rising since late last year and finally appear to be effecting compliance, but at what cost?
This week: Lineage Logistics launches Foundation for Good, Trucking Cares Foundation honors Walmart driver and J.B. Hunt wins 12th consecutive award from the EPA.
A shipper-carrier pledge is needed to restore trust on both sides.
Load volumes are stable with volume growth inbound. Spot rates follow rejection rates on a downward slide.
Thanks to persistent industry headwinds, the debate surrounding how to pay drivers – by the mile or by the hour – is heating up, and Congress is taking notice.
Underneath the supply chain disruptions and the chip shortage are customers that need Wabtec’s components to improve their rail operations, executives said during the third-quarter earnings call.
The Port of Los Angeles is hoping to scare the freight community into more efficient behavior with big fines for the slow retrieval of containers.
Among Friday’s notes: Milwaukee rejection rates fall off a cliff, latest from Freightos Baltic Index and more.
A compilation of the past week in social media images includes trucks stuck in a blizzard, Southern tornadoes, California landslides and more.
We’re costumed up and ready to go on the “Squid Game” of freight with NASA, DHL Supply Chain, First Gear Inc. and this week’s news.
Arkansas-based carrier’s trucking segment posted revenue of $113M and brokerage division posted revenue of $81M in Q3.
The Science Based Targets initiative standard for setting net-zero emissions targets can provide companies with guidance while increasing the credibility of their goals.
Modern Shipper spoke with several supply chain executives to get their takes on what could be the most chaotic holiday season in recent memory.
Echo Global Logistics’ Mike Mobley and Jamie Petrzelka detail the benefits of leveraging the company’s experts to manage transportation networks.
Universal Logistics misses third-quarter expectations and said it will look to its customers to address wage inflation and accessorial charges at the ports.
Available space at the country’s most important warehousing complex drops to unimaginable levels.
Adam Kahn outlines the benefits of Netradyne’s positive twist on fleet safety management.
The ports of Los Angeles and Long Beach haven’t informed federal regulators yet about their plans to hit ocean carriers with big fees for excessive storage of containers.
Given how difficult it is to source capacity in today’s market – as well as the growing importance of visibility throughout the supply chain – it is not surprising to see more visibility and predictive freight matching tools entering the scene.
In its last quarter as part of Daimler AG, Daimler Truck reported higher unit sales but lower revenue.
UniGroup Logistics ’s project management services provide end-to-end solutions for domestic and international supply chain needs.
TFI International plans to shut down four terminals at the former UPS Freight operation and the CEO signals more to come as the company targets costs.
Truck Talk is a FreightWaves’ newsletter covering the trucking ecosystem with perspective and context.
When shippers are using several cobbled-together solutions with hit-or-miss integrations, they miss out on opportunities to optimize their business practices and workflows.
FreightWaves CEO Craig Fuller describes the current and future opportunities in supply chain technology.
An Inspector General audit has found that data, including fleet records, within FMCSA may not be safe from hackers.
Many of the conversations surrounding peak season headwinds center around shippers, but carriers are also faced with challenges during this time.
Also on the podcast: The growing tie between high natural gas prices and what you’re paying for diesel.
Both reports see debt levels rising initially but with a steady move toward a more reasonable level of coverage.
Inventory restocking and demand for domestic intermodal service will support Hub Group into next year, executives said.
Notable cost headwinds around driver sourcing and equipment downtime weighed heavily on Werner Enterprises’ third-quarter results. But the carrier still raised long-term margin expectations.
Truckers will hit potential weekend flooding along Interstate 95 in the mid-Atlantic.
The ports of Los Angeles and Long Beach are turning to heavy-handed tactics to address a container logjam that is gumming up supply chains.
From resource groups to driving electric trucks, learn four ways your company can build a more inclusive environment for women.
Shippers, carriers and logistics companies aren’t getting many answers yet about hefty surcharges for lingering containers at the ports of Los Angeles and Long Beach.
Both companies see their financial results weighed down by higher labor costs and operational disruptions due to staffing shortages.
TFI International fails to replicate early herculean improvement at ex-UPS Freight as operating ratio weakens slightly in record third-quarter financial results.
Trans-Pacific container shipping rates remain exceptionally strong despite a dip earlier this month.
CEO Jassy says Amazon faces billions of dollars in additional costs during the fourth quarter.
Forward Air took an aggressive step Thursday, issuing sizable earnings growth guidance through 2023. Upgrading the freight mix has management confident in the extended outlook.
Reliance Partners’ Brian Runnels and Robert Kaferle spotlight blind spots to expose their hidden dangers.
California and federal officials are partnering to speed up future freight infrastructure investments, as well as reduce delays impacting cargo flows today.
The CEO of Canada trucking giant Mullen Group says the cost of freight in the country is set to press upward amid high demand, tight capacity and the end of wage subsidies.
The CEO of North America’s largest privately held LTL carrier makes a passive investment in the digital freight-matching firm.
Management from Schneider National told analysts on its third-quarter earnings call that current truckload fundamentals should carry through the end of 2021 and well into next year.
The LTL carrier plans on opening 10 to 15 terminals in 2022.
Traton Group is optimistic for future quarters as it posts solid nine-month results with recently acquired Navistar included for the first time.
Among Thursday’s notes: Tight market from KC to Indy, Milwaukee getting loose, carrier update and more.
“These international commitments are valuable, but of course they are no replacement for actual action on the ground,” said Timothy O’Connor, senior director and senior attorney of energy transition strategy at the Environmental Defense Fund.
Sourcing capacity will likely prove difficult through at least the first quarter of 2022 as supply and demand struggle to strike a balance during the peak season.
Although macroeconomic factors and lower train speeds support railcar leasing, the growth trend might be choppy as the COVID-19 pandemic and supply chain disruptions still weigh on the market, Trinity Industries and GATX said during their third-quarter 2021 earnings calls.
“He would do anything for anybody,” said the widow of a truck driver who was killed while trying to help accident victims.
New car inventories are down significantly from 2019 due to manufacturing slowdowns and parts shortages. Meanwhile, demand continues to surge, with multiple used car pricing indices showing prices up about 27% year-over-year.
With pharmaceutical spending reaching new heights, a single shipment can be worth millions of dollars, leading to monumental financial losses — as well as serious threats to human lives — in the event of a transportation or distribution error.
Companies stymied by the chip shortage have figured out a way to keep operating while cutting their losses.
Moghadam said the company will need to increase its facility footprint at the same pace.
“The end goal for our customers is to reduce waste and deliver potent medicine and safe food. We help them do it with data.”
Shopify reported 46% revenue growth but failed to impress investors as it missed Q3 expectations.
A little more than a year ago, Ryder was dealing with too many used vehicles to sell. It is well past that now.
Beans.ai emerges from stealth with $17M in funding and plans to map the final foot of delivery.
The daily surcharge fines begin Monday, but there has been no immediate surge of container activity.
Truckers need to watch out for severe storms and tornadoes Thursday in the Southeast (video forecast included).
Current Chief Operating Officer Lorie Tekorius will be railcar manufacturer Greenbrier’s next CEO in March 2022. Tekorius and others discussed 2022 market headwinds during Greenbrier’s quarterly earnings call on Tuesday.
In the disruptive world of autonomous trucking, TuSimple says it has to haul freight to prove the technology works.
Biden-backed plan to tackle container congestion could make logjam even worse, critics believe.
North Carolina-based carrier’s third pay raise in a year comes amid unprecedented freight volumes and demand for drivers.
Trucking firm Marten Transport discloses it was the victim of a cyberattack that may have exposed employee data after a ransomware gang briefly posted a claim of responsibility.
