Beware ‘nasty side effects’ if government targets ocean carriers
“Be careful what you wish for,” warns industry expert Lars Jensen of proposals to rein in container shipping’s boom.
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“Be careful what you wish for,” warns industry expert Lars Jensen of proposals to rein in container shipping’s boom.
We asked FreightWaves experts to provide their HFOs (Hot Freight Opinions) on the developments with Milton and the potential impact on Nikola.
Fleetcor is “finally moving past [its] pre-pandemic baseline,” Chairman and CEO Ron Clarke said during the earnings call.
Lawmakers use Trump-era reforms in the infrastructure bill to attract Republican support.
The union representing nearly 9,000 Canada Border Services Agency personnel warns of slowdowns at Canada’s ports of entry starting Friday as it issues a strike notice.
Don’t miss this episode as we break down the last possible days to ship before Christmas as the deadline rapidly approaches
Houston-based Patriot Transit is a flatbed carrier serving customers on the Gulf Coast and in the southwestern U.S.
The total number of stops was down this year from 2020. Other violations besides HOS were fairly steady as a percentage of all citations
Grace Sharkey and Sebastian Blanco talk with CEO Jack Bigio of UBQ about taking recycling to a new level on this episode of Transmission.
The acquisition of Hanson Logistics gives Lineage its first-ever facility in Michigan and expands its foothold in Indiana.
Warehouse robotics firm Fetch and AI-software fulfillment company Lucas Systems are working together to offer solutions that allow for humans and robots to work side by side.
The Chaparral has a set of applications for national defense, including dust-off operations; casualty evacuation; and intelligence, surveillance and reconnaissance.
Canadian Pacific and CN shattered records for hauling Canadian grain and grain products in the 2020-2021 crop year, which ran from Aug. 1, 2020, to July 31, 2021. More efficient […]
DHL Express has joined UPS in placing orders for all-electric cargo aircraft.
The last time demand was this high for new Class 8 trucks, fleets placed record orders. Not this time because manufacturing capacity is limited.
South Korea-based Pablo Air finds a new U.S. testing ground.
Warehouse software provider STORD is opening an Atlanta warehouse that will focus on designing the next generation of warehouse technologies.
Several inches of rain could flood parts of the South this weekend. (forecast video included).
TRAC Intermodal President and CEO Daniel Walsh chats with FreightWaves about chassis availability and market conditions into 2022.
A trucker could face prosecution after U.S. border officers say they found nearly 70 pounds of cocaine in a trailer full of watermelons and peppers she was hauling to Canada.
“There was an immediate synergy,” said AIT Worldwide Logistics’ CIO of the acquired companies’ culture.
Los Angeles’ port boss speaks to American Shipper about congestion challenges — and potential release valves.
Carriers have held back on physical plant investments. Now with volumes and profits escalating, CapEx levers may start to be pulled.
In this issue, iconic movie truck stunts, spot market breakdown, shippers vs carriers and more.
Expeditors is a rare logistics “dividend aristocrat,” with dividend increases of 25 years or more. It is keeping that intact in 2021.
Lyft says it will be adjusted-EBITDA profitable for all of FY 2021.
Doctors hope to use 3D printers as a way to personalize drug doses, but it will be challenging for regulators to monitor that type of supply chain.
On this episode of Great Quarter, Guys Andrew Cox and Anthony Smith debate Amazon’s second quarter performance.
In this exclusive Q&A, Federal Maritime Commission Chairman Daniel Maffei notes that “the supply chain is overheated. It’s like we are going from nine lanes to four lanes and then squeezing more traffic into them.”
XPO Logistics said it will be closing a distribution center in San Antonio.
Kraft Heinz earns its place as a Shipper of Choice for the third year in a row as the food and beverage producer gains carriers’ respect through consistency and collaborative relationships while investing in making facilities more efficient.
Transport Canada has approved updates to the rules, regulations and standards regarding switching operations as part of a broader effort to make operations safer.
Cummins beat analysts’ Q2 estimates on the top and bottom lines as it looks into making its filtration business a stand-alone entity.
The latest guilty plea brings the total to 26, with four of them in just the past seven weeks.
Kaylee Nix hosts Flexe CEO Karl Seibrecht, who offers peak season parcel advice for shippers.
Richie Daigle brings Michael Vincent on as a special co-host on this episode of Put That Coffee Down.
Mike Baudendistel takes a look at another mixed bag of CPG earnings on this episode of The Stockout.
The Texas-based flatbed and specialized carrier raises 2021 full-year guidance for revenue of up to $1.6 billion.
Gig economy employers are feeling the pressure to provide benefits and protections to drivers.
Four shipper associations have asked the Surface Transportation Board to see if demurrage charges can be applied to privately owned railcars to improve the flow of railcars through the network.
Confident that the indictment of founder Trevor Milton won’t lead to legal trouble, Nikola focuses on supply challenges.
ENERGY’s customers now have access to a personalized web portal, which provides real-time data on inventory levels.
ShipStation has announced its first integration with an LTL shipper, enabling customers to ship e-commerce orders of furniture and other large items direct to residences.
“It used to take me over 4 hours, and now I’m looking at 30 minutes tops to do all my freight,” said Elliot.
The long time board member had been interim chief since early this year
14% of carriers polled said they don’t understand what a 3G sunset means for their fleets.
Truckers will have to take detours in Colorado after severe mudslides shut down a section of Interstate 70 (forecast video included).
Texas ports like Freeport have embarked on major expansion projects to handle larger ships.
Cargo is becoming a sexier line of business for passenger carriers.
The increase in the benchmark comes even as commodity markets experience another Monday dip.
Diesel sales were up 21.2% from last year, but were less profitable on a per-gallon basis
Container giant earned $5.1 billion in the second quarter and expects earnings of $18 billion-$19.5 billion for the year.
U.S. inventory-to-sales ratio still historically low as key import source — China — faces growing delta variant risk.
Some shippers are starting to push back against ocean carriers but will it be enough?
“The acquisition of RJ’s further expands the reach of A&R’s liquid platform into strategic geographies and allows our team to continue meeting the needs of our customers across the supply chain.”
A 3-judge panel was ready to rule on the carrier’s appeal, but a larger group of judges will now render an opinion.
The railroad reopened the Dry Canyon Bridge in Northern California weeks ahead of schedule.
“Now we are understaffed and have laid off a couple of people that have really key, historical knowledge of the products. … It has become a really toxic strategy,” says a source inside Omnitracs.
A federal jury found former Roadrunner Transportation Systems CFO Peter R. Armbruster guilty on four counts of violating federal securities laws in a $245 million securities and accounting fraud scheme. It acquitted two former controllers of Roadrunner’s truckload division.
Kansas City Southern told its shareholders to focus on the proposed CN-KCS merger transaction and not on Canadian Pacific’s attempts to cast doubt on the merger’s chances of being approved by federal regulators.
Market leader Daimler Truck expects to be its own entity by the end of the year after Daimler AG votes to create two companies.
The Surface Transportation Board has accepted CSX’s revised application to acquire Pan Am Railways, allowing the acquisition proceedings to continue.
The company’s earnings per share tripled the prior-year results due to strong demand, favorable comparisons with 2020’s second quarter.
The company successfully tested one of its driverless Arrival vans at a fully functioning parcel depot.
On this episode of Net-Zero Carbon, Danny Gomez explores the possibilities liquified natural gas brings to the alternative energy table.
Square will acquire buy-now, pay-later firm Afterpay in a $29 billion stock transaction.
U.S. Customs and the Transportation Security Administration have different programs for preventing explosives from being smuggled onto aircraft in the cargo. A new report recommends ways to further improve security.
Trucking fleets that still use pen and paper to meet their recordkeeping requirements are adding unnecessary costs and complexity, and upping the chance of a recordkeeping violation during an FMCSA audit.
“The fix wasn’t sitting on a shelf,” Tennessee Department of Transportation Commissioner Clay Bright said about the Hernando de Soto Bridge repairs that started in mid-May.
Canada is reopening its borders to vaccinated Americans. AskWaves explains why this will help fuel demand for freight in the hospitality sector.
An American company has accused foreign ocean carriers of abusing the container market to pad their profits.
What many brokers fail to understand about electronic processing, is the degree to which it replaces human interaction with automation.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: More investment, manufacturing jobs for Mexico; new 3,000-acre logistics hub for Texas; TUM Logistics acquires 110 Kenworth tractors; and CBP seizes 6 kilos of DMT en route to Arkansas.
The advanced safety features found in today’s newer trucks are a significant motivating factor for drivers to remain with a particular fleet.
Lawmakers controlling the purse strings in Congress urge FMCSA and NHTSA to take action on their safety directives in 2022.
This week: Walmart showcases truck driver in its Every Day Heroes program, Wreaths Across America recognizes trucking company for volunteer efforts and Schneider driver’s daughter advances to Olympic diving semifinals on Saturday.
Almost no container ships were stuck at anchor when 2020 peak season began. This peak season, terminals are pre-clogged.
Learn about how NASA’s crawlers work; if pop-up fulfilment works for you; St. Christopher Truckers Fund’s art auction and more
Can Brad Jacobs lift the conglomerate’s discount off of XPO’s back and still maintain its non-LTL businesses?
The “significant” damage has caused BNSF to reroute trains, and the railroad is uncertain when service in the area might be restored.
Ocean Network Express says the “economic environment is now changing” and it cannot forecast what the rest of 2021 holds, but Hapag-Lloyd can. It expects to triple 2020’s EBITDA.
Governors have the ability to waive federal law for 30 days and four recently have taken action and cited the lack of truck drivers.
“Gopuff has quietly built a very strong business and solidified itself as the leading player, continuing to define this evolving category.”
It is impossible to predict exactly when an incident will occur on the road. It is possible, however, to have a predictable system for processing safety issues and handling corrective training, driving down the odds of the same types of issues continuing unchecked.
The Federal Motor Carrier Safety Administration has declared a North Carolina man an imminent hazard after commercial vehicle inspectors stopped him three times in three states in February and March and placed him out of service. FMCSA said he didn’t possess a valid CDL and containers of alcohol were found in his truck cab.
SMART-TD must negotiate with Class I railroads on train crew size; Rail Customer Coalition calls on STB to take up reciprocal switching; ASLRRA praises progress on infrastructure bill; and Canadian Pacific urges KCS shareholders to vote against the proposed CN-KCS merger.
They say every company is a tech company. Is Walmart next?
Several trucking and logistics companies are collectively owed hundreds of thousands of dollars after Consolidated Glass Holdings Inc. and its subsidiaries — J.E. Berkowitz, Shaw Glass Holdings and Columbia Commercial Building Products — shuttered operations and filed Chapter 7 bankruptcy in mid-July.
USA Truck reported second-quarter net income of $4.2 million, after reporting a loss of $900,000 in the same period a year ago.
FarEye’s Intelligent Delivery Management Platform equips enterprises for a low-cost, sustainable future and creates happier customers through reduced cost and optimized operations.
TCA firmly believes the trend of California-specific legislation becoming the national standard must end.
Truck Talk is a weekly newsletter offering perspective and context on the trucking industry.
Also on this week’s podcast: A shoutout to fuel surcharges.
The past week in images features train cars used to fight fires, a wreck caused by a dust storm, a trucker who flipped in floodwaters and more.
Boston-based Motional is testing how its AVs can collect and transmit data on electric infrastructure to utility provider Eversource.
These 5 airdrops point to an exciting future for the drone industry.
Matt Blois talks about the struggle for survival among U.S. mask manufacturers on this episode of Medically Necessary.
Zach Strickland and Anthony Smith break down the top news of the day on this episode of Freightonomics.
“Marketing rock star” Amanda Natividad makes for a good podcast guest on this episode of Cyberly.
We have a new winner in the ocean shipping game of “How High Can Rates Go?” — about 15 times higher than before the COVID crisis.