Yellow turns a profit, restructuring moves forward
Yellow Corp. rode a hot freight market and an internal overhaul to positive net income for the first time in several quarters.
Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
Yellow Corp. rode a hot freight market and an internal overhaul to positive net income for the first time in several quarters.
Boehler is terminated without cause; George Chappelle is named interim CEO.
California congestion hits charter rates as ship operators waste millions waiting to get to terminals.
The White House has begun monitoring container volume at the ports of Los Angeles and Long Beach to measure progress in clearing supply chain bottlenecks.
Revenue is not the point in TuSimple’s partnership with UPS, which holds the autonomous trucking startup to its third-party shipper standards.
Amazon Air’s top airfreight supplier is diversifying its vendor base for reconstructing passenger planes into cargo jets.
The company’s first reporting quarter post-spinoff could have gone better.
“The deluge of information can lead to processing delays, false detections and erroneous alarms. All this processing noise is what leads lidar systems to behave like distracted drivers,” said Spartan Radar’s founder and CEO on competing technology.
Harbor Trucking Association’s Matt Schrap talks about the struggle at the ports; The Wall That Heals gets a new landing; and more.
Among Wednesday’s notes: Chicago a solid destination for carriers, SLC to LA hits all-time high and more.
CEO Rodolphe Saadé says the CMA CGM Group is acquiring Fenix Marine Services to effectively manage its West Coast port operations.
October was another month of “why bother” as fleets desperate for new Class 8 trucks held off adding bookings to a morass of back orders.
The proposed schedule will provide room for rebuttals and responses, STB said.
Big volumes of container traffic are hitting GXO’s facilities, Wilson says.
Ulta Beauty is the latest brand to join DoorDash Drive, the food delivery company’s white-label last-mile fulfillment service.
Andrew Cox links up with old Great Quarter, Guys host Seth Holm for a reunion episode all about capital.
Account executive trainees at a freight brokerage are seeking class action status in a lawsuit alleging they weren’t paid for overtime.
Kaylee Nix chats with Dennis Oates about molding shipping strategies to fit your business needs on this episode of At Your Doorstep.
Forward Air announced the acquisition of two Minnesota-based intermodal transportation outfits on Wednesday.
The grant from Emissions Reduction Alberta will help CP convert two more locomotives to hydrogen power and add more hydrogen production and fueling facilities.
Einride has been running its autonomous freight Pods in Europe since 2019, but founder and CEO Robert Falck has high hopes for the company’s entry to the U.S. “It is such a great challenge and I’m really excited. This U.S. freight transportation community is the most competitive in the world,” he said.
Berkshire Grey continues a string of product releases with the robotic shuttle product sortation system for e-commerce retailers.
Truckers will face delays in the Pacific Northwest due to storms over the next several days (video forecast included).
Trucking companies dispute the widely reported message that a driver shortage is largely to blame for the port congestion issues in California. In fact, drayage companies are laying off drivers because of port delays.
Air Canada Cargo has been a strong pandemic performer, but the passenger side of the business is finally beginning to recover.
From merger to business combination in less than four months, self-driving startup Aurora Innovation expects to begin public trading on Thursday.
Sebastian Blanco looks at how different chips can play a big role in making auto production simpler.
Hear from Ryan Rogers of TextLocate on this episode of Rising Tides.
The DOE SuperTruck program shifts to stretch goals for battery-electric and fuel cell trucks along with megawatt charging and green hydrogen.
An October supply chain survey shows transportation capacity falling at a faster pace while freight rates keep stepping higher.
In this issue, the scale of a steamship; Lego Titanic sells out; autonomous shipping; and supply chain scapegoats.
After becoming adjusted EBITDA-profitable for the first time ever in Q2 2021, Lyft keeps it rolling with another solid quarter.
Germany-based Rhenus Logistics is acquiring Global Net Logistics, an international freight forwarding company based in Dallas.
Virtually every U.S.-listed shipping stock fell on a day that the S&P 500 hit a record high.
When people think about security breaches, they often think about hackers in dark hoodies hiding behind computer screens. While some attacks do come from malicious outside parties, logistics companies should also be aware of threats coming from inside their own buildings.
Tender volumes rebound as tender rejection rates jump back over 20%. Meanwhile, spot rates break the three-week downward decline.
Company plans to double LTL trailer capacity and add 900 dock doors.
Engine maker Cummins reduces its outlook for the full year amid the supply-constrained inability to meet elevated demands.
The new location in Woodbridge, New Jersey, will offer services such as overseas cross docking, overseas container plugs, port drayage, LTL/FTL transportation and same-day orders.
A private investment firm’s acquisition of a MOW services company, AAR’s environmental nods and Lineage’s new cold storage warehouse round out the rail roundup.
Despite beating the Wall Street consensus, Expeditors’ stock declined.
Shipping giant Maersk has transformed itself into a one-stop shop for logistics services and now is growing its airfreight capability.
Among Tuesday’s notes: Chicago demand hits highest level of the year, spot rates in central California are highly inflationary and more.
ArcBest reported record quarterly results on Tuesday, and management sees the possibility of incremental improvement moving forward.
The California-based robo-delivery company has reportedly reached a valuation of more than $8.5 billion.
BLET, SMART-TD and Norfolk Southern continue to fight in federal court over the vaccine mandate and NS’ practice of using train engineers as conductors.
Vertical farming promises to be one of the most impactful trends to food in the coming years. In fact, it was listed as the No. 1 trend in Whole Foods’ […]
A whopping 40,000 of those containers have been at the Port of LA for nine-plus days, which is considered lingering.
“The investments we’ve made to date are paying off. As global supply chains continue to be disrupted, this is creating opportunities for us to become even faster, more agile and more efficient,” said an American Eagle executive in a recent earnings call.
Cybercriminals have attempted to sell network access for multiple shipping and logistics firms, opening the door for devastating ransomware attacks in the global supply chain, a new report warns.
The company announced a 5.9% general rate increase for next year, but that has no bearing on the pain many shippers will feel.
Matson set additional emissions-reduction targets Monday. The Hawaii-based shipping company plans to reach its goals by improving efficiency and accelerating zero-carbon fuels and technologies.
“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.