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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.
Shipping and fulfillment costs continue to escalate at double-digit levels.
The Omaha, Nebraska-based transportation and logistics provider reported second-quarter adjusted earnings of 86 cents per share.
Forward Air posts a quarterly record for operating income and revenue in the second quarter.
‘Today’s government actions are against Mr. Milton individually, and not against the company,’ Nikola said in a statement.
The trucking industry’s issues with driver availability along with customers’ commitment to sustainability are factors that could support growth for intermodal beyond 2021 and 2022, executives said during Hub Group’s earnings call on Thursday.
Disparities between container index prices wider than ever after big course correction by Freightos.
From a COVID outbreak to supply shortages, Workhouse Group has repeatedly missed production targets.
FreightWaves meteorologist Nick Austin and Reliance Partners’ Brian Runnels urge the industry to hunker down in August and September — hurricane season’s peak months.
On this episode Dooner catches up with trucker, cancer survivor, and all-around badass Ingrid Brown
The port’s Bayport and Barbours Cut container terminals have been closed as the result of the hardware failure that began at 7 a.m. Tuesday.
The partnership between BlueGrace and Trucker Tools showcases the right way to leverage popular book now features.
Point of Sale is sponsored by ArcBest. ArcBest is more than logistics. Whatever you do, whatever you ship, ArcBest makes it easier for you to do business. ArcBest combines reliable […]
On this episode of #WithSONAR, Luke Falasca and Kyle Taylor talk all about using data to keep you out of costly contracts.
Air cargo throughput is expected to continue its upward trend after a strong first-half showing, IATA said.
Wall Street investors liked what they saw in the company’s earnings, pushing the stock up by more than 8%.
Twitter is testing a social commerce tool that allows retailers to promote and provide links to purchase products within the Twitter ecosystem.
“Our logistics segment has been thriving and growing, including contract logistics and port services, with the largest contributor being brokerage,” says Schneider CEO.
Market alliances that seek to convert truck traffic east and west of the Mississippi River could be a way for Canadian Pacific to grow its network, executives said during the second-quarter 2021 earnings call Wednesday.
The Ever Given, stuck in the Suez Canal for six days in March, finally berthed at the Port of Rotterdam on Thursday.
Didi, the largest ride-hailing company in China, is denying reports that it is considering taking the company private just one month after it debuted on the New York Stock Exchange.
As Wabash National streamlines its business, the trailer manufacturer will convert reefer capacity to add 10,000 dry vans in 2023.
TuSimple will use Ryder System maintenance terminals as it expands its autonomous freight network from Arizona to Florida by year-end.
The numbers that the company is getting on its used tractor and truck sales is outpacing the assumptions in last year’s big inventory writedown
Canter’s Deli is one of the most famous delicatessens in the world, but outside Los Angeles it was hard to get one of its famous sandwiches. DoorDash Kitchens Full Service is making that possible.
Truckers will have to deal with another Northwest heat wave as triple digits return the next few days (forecast video included).
One aspect of the decision that may stick is a clear ruling that owner-operators on a lease are independent contractors, not employees.
Senate lawmakers find more money for highways and ports in a bipartisan infrastructure package.
The port told customers the hardware failure wasn’t related to a cyberattack.
The company posts solid numbers for its transport and logistics units as the logistics business prepares for trading on Monday as a spun-off entity.
The online payment platform boosted its outlook for total payment volume, but guidance was largely unchanged.
Supply chain congestion is more about issues with throughput among various stakeholders and less about Norfolk Southern’s ability to handle volumes, executives said during NS’ second-quarter 2021 earnings call Wednesday.
CP’s second-quarter 2021 revenue totaled $1.64 billion in U.S. dollars.
Management has raised full-year revenue guidance to $3.45 billion-$3.55 billion.
A Mack Trucks facility was the backdrop Wednesday for President Biden to highlight his plan to require that 75% of the value of a product’s components be made in the U.S.
Truckload carriers’ “spillover” freight ties up LTL capacity during unprecedented times, Old Dominion executives said.
The acquisition is a part of a five-year strategic plan to innovate and create disruption in the bulk trucking space.
XGS hopes the merger of the two companies will strengthen its overall operational footprint.
Trucker’s daughter dives for Team USA and Tokyo Olympics; deep dive on LTL tech; challenging DataQ
The recent chip shortage crisis isn’t helping matters.
Historically, the cultural fit between a brokerage and technology partner has been glossed over in partnership discussions. As these relationships become more collaborative and dynamic, however, the importance of culture is becoming more pronounced.
A recent SEC filing shows the company has already raised $44.7 million from four investors.
U.S. shippers this holiday season will need more than Rudolph’s red nose to guide them through the whiteout of congestion.
Based on a FreightWaves survey, these are the mobile weather apps that truckers like the best while on the job.
The one-stop income verification provider is meeting the needs of a swelling independent workforce.
The key profitability metric comes in 550 basis points below the company’s 2020 results.
A 24% increase in operating revenue contributed to record second-quarter net income of $819 million for Norfolk Southern.
Nearly 80% of the nation’s freight moves through Chattanooga, due to the convergence of three major internates: I-75, I-24 and I-59.
A trucking company mishandled an employee’s harassment complaint, leading to a termination and ultimately a large jury award against the company.
E-commerce platform Shopify posted 57% growth in revenue in the second quarter as online shopping remained strong.
“I’ve coined it the ‘superpower of check calls,’” said TextLocate founder Ryan Rogers.
High demand for jet fuel out West from firefighting crews and airlines is affecting commercial flights and cargo (forecast video included).
Freight360’s Nate Cross talks about what it takes to launch a brokerage.
The Tuesday deadline imposed by K-Ratio to sign its universal settlement agreement or face legal ramifications passed without a consensus for the 34 trucking companies that participated in its fuel hedging program. The Chicago-based company abruptly shut down its fuel futures program in late June.
Craig Fuller, the founder and CEO of FreightWaves, acquired Flying, the world’s most widely read aviation publication from Bonnier Corporation. The American enthusiast publisher has owned Flying for over a […]
Ryder supply chain president lays out goals of partnership with Bed, Bath and Beyond.
Federal prosecutors filed a motion Tuesday requesting the court dismiss all charges against ex-Pilot President Mark Hazelwood and two former sales team executives, Scott Wombold and Heather Jones. In October, a federal appellate court overturned Hazelwood’s conviction.
“Bill started reimagining email where it was most broken and therefore hardest to fix — large teams managing huge volumes and complicated processes,” said principal at Insight Partners Rebecca Liu Doyle of SEDNA’s CEO Bill Dobie.
The union representing thousands of Canada Border Services Agency personnel warns of “significant disruption to the flow of goods” if its members go on strike.
School supply shortages; Bed Bath & Beyond teams with Ryder; how to stop gas pump ads; more
Robinson CEO Bob Biesterfeld said the truckload market will stay hot through 2021.
After years of negotiations, several major drug distributors have proposed a settlement to resolve claims they contributed to the opioid crisis.
Despite all-time-high container production, demand continues to outpace supply and new box prices keep rising.
Both Union Pacific and BNSF have taken to rerouting trains because large wildfires have temporarily closed portions of their networks in Northern California.
Peterbilt, Kenworth and DAF Trucks are sold out globally for 2021 as the global semiconductor shortage leaves 6,500 trucks awaiting parts.
TFI International’s hard line on unprofitable UPS Freight legacy business is helping accelerate the LTL carrier’s turnaround – and it’s just getting started
Rep. Peter DeFazio, D-Ore., doesn’t want federal regulators to approve a voting trust that Canadian railway CN would establish as part of the process to acquire Kansas City Southern.
The Port of New Orleans recently discharged an international shipment of steel coils from Taiwan to the Port of Caddo-Bossier in Shreveport.
Package theft is one reason interest in smart parcel lockers is growing among Americans, and as a result, more businesses are looking at installing them.
White-label platform raises $2.5 million to bring real-time, guaranteed container rates to global shippers of all sizes.
Employment levels in June for the U.S. operations of the Class I railroads held steady from May, although U.S. rail volumes grew by one-fifth over the same period.
Cart.com’s end-to-end solution is now integrated with Sauceda’s fulfillment services.
Tesla is delaying production of its battery-powered electric Semi until 2022 because of a shortage of batteries, threatening its first-mover advantage.
Dismantling highways to repair social damage may have consequences for the supply chain.
Investments in visibility and collaboration among bottling partners earns Coca-Cola a spot on the FreightWaves Shipper of Choice top 25.
Truckers will face triple-digit temperatures and heat index readings this week from the northern Plains to the Deep South (forecast video included).
Strong second-quarter results give way to second-half volume growth concerns. An analyst calls the share sell-off “overdone.”
Matson is adding a seasonal express service to help deal with the upcoming peak shipping season from China. But will it help with freight transportation delays?
Pollution credit sales are less of a factor as vehicle profitability at Tesla shifts to overdrive in Q2.
The 12-week run of increases added 31 cents to benchmark price from its starting point.
TFI International beats analysts in the second quarter as its U.S. LTL division left its days as UPS Freight in the dust.
JAXPORT saw a 15% increase in container volume and a 20% growth in vehicle volumes for the first three quarters of its 2021 fiscal year, the Florida port said Monday.
Good news for dry bulk shipping stocks, bad news for decarbonization: The global coal trade is thriving.
The Truckload Carriers Association has partnered with LaunchIt Public Relations to promote the trucking industry.
Griff Lynch, the Georgia Ports Authority’s executive director, doesn’t expect another growth spike and says he’ll be happy to maintain current volume levels.
Uber Freight’s Bill Driegert joins the show to give us the inside scoop on the deal with Transplace. Plus, Refraction AI, NTG, more
Cummins is working with Air Products to convert about 2,000 trucks fore the world’s largest maker of hydrogen. gas
APM Terminals on the U.S. Gulf Coast wants potential importing customers to know it has access to the Midwest via five Class I railroads.
Shanghai, the largest container port in the world, has stopped operations because of a big storm.
Exports of liquefied natural gas, agricultural commodities and crude oil led the way during first half of 2021.
Commtrex founder and CEO Martin Lew joins Danny Gomez to talk about the importance of using rail to reduce emissions on this episode of Net Zero Carbon.
On this episode of The Stockout,Mike Baudendistellooks at how Ben & Jerry’s is making its stance on the Middle East known.
The new law has some changes for smaller trucks but larger trucks are facing tight restrictions.
Two groups announced this month their separate efforts to increase supply chain visibility. One technology tool focuses on locating railcars and another aims to forecast volumes at the Port of Los Angeles.
Bed Bath & Beyond has tapped Ryder to develop and operate regional fulfillment centers for the retailer as it continues to transform its supply chain.
Now TransImpact, the former Transportation Impact remains dedicated to the development and application of end-to-end technology-based supply chain solutions.
The next step is making deliveries to paying customers.
Truckers will run into areas of low visibility, poor air quality and potential road closures due to dozens of Western wildfires (forecast video included).
Experiencing the view from the passenger seat of a PlusDrive-equipped truck navigating a northern California rush hour.
Americans were expected to divert disposable income away from goods as the economy reopened to travel, lodging and entertainment. It isn’t happening, most observers say, and the supply chain implications are profound.
