More layoffs ahead for freight-related companies across US
Freight-related companies in California, Georgia, Illinois, New York and Texas are laying off a total of 1,234 employees.
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.
Freight-related companies in California, Georgia, Illinois, New York and Texas are laying off a total of 1,234 employees.
Arizona Gov. Katie Hobbs announced Energy Fuels Resources Inc. would voluntarily halt transporting uranium ore through Navajo Nation lands to Utah shortly after the tribe’s president issued an executive order banning the ore transport.
Two key reporting agencies saw a slowdown in truck orders last month.
One solution to improve roadside safety for commercial trucks is easily visible flashing lights mounted at the top of the cab.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Brent Hutto; Kyle Taylor; Jeff Dickinson
Hurricane Debby slammed into Florida’s Gulf Coast as a Category 1 storm on Monday, causing flooding as it makes its way toward the East Coast.
Spot rates moved slightly higher in the final week of July, while rejection rates and volume levels continued to retreat from recent highs.
This week in Borderlands: Surging cross-border flows a boon for operators like DHL; Cargo rail theft up 99% across Mexico in May; Australian clothing retailer selects Cart.com as US fulfillment partner; and Venture Solutions opens logistics warehouse in Laredo, Texas.
The International Brotherhood of Teamsters announced Friday that its membership would be voting on the union’s endorsement for U.S. president this election year.
Transportation provider Hub Group sees Q2 revenue fall 5% year over year to $986 million.
In this edition: The moon becomes a cold storage warehouse, vaccines transported outside the cold chain and Pig Sooie chicken nuggets hit the freezer.
Sun Country Airlines expects to double its cargo revenue once a revised transportation contract with Amazon is fully implemented in 2026.
ArcBest misses second-quarter expectations as losses at its asset-light business continue.
A federal lawsuit filed against the owners and operators of a cargo ship that sank off the Georgia coast in 2019 has been dismissed at the request of Glynn County.
The employment report for July showed truck transportation jobs down for the fourth straight month.
Electrification startup Synop is carving a niche for itself focused on help electric fleets return electricity to the grid and get paid for it.
New Jersey independent contractors who haul freight under STG Drayage’s operating authority will no longer be tendered loads in November unless the truckers get their own authority through the Federal Motor Carrier Safety Administration.
ArcBest reported second-quarter results on Friday, which came in light of analysts’ expectations.
The city of Laredo, Texas, is requiring that all trucking operators using the World Trade Bridge have a $100 minimum in their automated vehicle identification accounts to pay crossing fees.
Wall Street wasn’t happy with the revenue forecast for Amazon’s third quarter.
Temperature-controlled real estate investment trust Lineage Inc. announced it will give $100 million in equity awards to its workforce.
Parcel logistics giant DHL is banking on a strong peak shipping season to bring up results for 2024.
Schneider National saw positive indicators in the second quarter as the company reported revenue of $1.31 billion.
A procedural vote in the Senate has effectively shut down a bipartisan tax package that could have helped trucking companies invest in their business.
Werner’s Q2 earnings saw worsening financial conditions but improving freight market conditions and signs of capacity tightening.
Less-than-truckload carrier XPO bested second-quarter expectations on Thursday as tonnage and yields continued to move higher.
Thin margins and unpredictable risks are the norm, and trucking companies are increasingly turning to captive insurance plans to address those challenges.
New York City is claiming early victory in cutting down traffic on a troubled highway segment in Brooklyn.
Weekly U.S. rail volume showed a solid increase for the seven days ending July 27, with overall traffic up 5.3% over the same period a year earlier.
Large passenger airlines recorded solid growth in cargo revenue during the second quarter after more than a year of contraction.
This Workbook will help you evaluate the eight key areas in your transportation process where inefficiencies and bottlenecks threaten your company’s future. By optimizing these areas, you could reduce workloads […]
Less-than-truckload carrier XPO beat second-quarter expectations as tonnage and yield increases were complemented by effective cost management.
Dave Bozeman, one year into the job as CEO of C.H. Robinson, cites a new operating model as the company’s earnings surprise to the upside.
The August 2024 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what […]
C.H. Robinson’s earnings look solidly positive, and the stock market reacted that way.
The Port of Long Beach received a $7.875 million grant for its data system, which port leaders say will help speed cargo deliveries across the country.
The Zim Kingston ship fire in 2021 shows Canada isn’t adequately prepared for marine emergencies, according to the Transportation Safety Board of Canada.
– With labor negotiations at a standstill, a Canadian rail strike is likely to occur in late August, Canadian Pacific Kansas City CEO Keith Creel said Tuesday.
Canadian Pacific Kansas City had a gangbuster second quarter as
merger-related traffic synergies kicked in faster than expected and boosted revenue and profits,
executives said on Tuesday.
It took only nine days for airfreight to return to normal following the CrowdStrike Windows outage on July 19, according to data from Xeneta.
U.S. officials announced a delay on the start of new tariff increases on Chinese imports, including a 25% tariff on China-made ship-to-shore cranes.
A New Jersey-based trucking company, cited numerous times for safety violations for both its drivers and equipment, recently filed for Chapter 11.
Air France-KLM is pulling cargo capacity out of Latin America to give customers more airlift in the lucrative China-to-Europe market.
FedEx is rebranding its cargo jets by erasing the Express descriptor to signify there are no longer separate Express and Ground operations, just One FedEx.
Freight broker Landstar System shared some signs of market stabilization with analysts on a Tuesday call but said it’s still too soon to say the market has turned.
The CEO of Werner Enterprises says an inflection point in the freight market might be near.
The U.S. Justice Department is taking Norfolk Southern to court, alleging the railroad’s delays of Amtrak’s Crescent violate federal law.
Broker Landstar System beat second-quarter estimates Tuesday as the period ended a two-year streak of sequential revenue declines.
Werner Enterprises saw revenue and earnings per share drop in the second quarter.
Charles Christian Haskell, 51, of Las Vegas, was charged with five counts of death by motor vehicle after a crash involving his tractor-trailer on Interstate 95 in Wilson County, North Carolina, on July 24.
Altana closed on a $200 million investment Tuesday to accelerate its supply chain and risk management product development.
In this edition: The Inbound Logistics annual survey results have been released, and Werner celebrates 25 years in Mexico.
C.H. Robinson has made its first acquisition or divestiture since Dave Bozeman took over, selling its European brokerage operations.
Canadian National’s operations are returning to normal through Jasper, Alberta, where wildfires devastated part of the town and shut down rail traffic last week.
Knight-Swift announced its third less-than-truckload acquisition on Tuesday, purchasing Los Angeles-based Dependable Highway Express for an undisclosed sum.
The partnership between FreightWaves SONAR and WeatherOptics will provide SONAR users with up-to-date information about environmental risks and weather impacts to their supply chains.
Freight technology is increasingly crucial as shippers demand better visibility and tracking. What was once a competitive advantage is now essential. Providers investing in customer experience and technology can achieve […]
Norfolk Southern highlights ways it’s creating sustainable growth through investments in people and technology.
DHL is beefing up its aircraft maintenance capacity in Europe.
A key port in New Jersey is adopting propane as a preferred fuel for the vehicles that move around its property.
The benchmark diesel price used for most fuel surcharges declined for a third straight week.
Love’s said Monday it has acquired the U.S. transportation factoring portfolio from REV Capital.
Owner-operators and crash victim advocates say easing restrictions for new drivers is a safety risk. Regulators approved an exemption despite those objections.
Before the U.S. Marine Corps veteran, lawyer and author of Hillbilly Elegy was a contender for VP, Vance took the national spotlight as one of three Senate Republicans and three Senate Democrats to introduce The Railway Safety Act of 2023.
One of Tenstreet’s newest solutions, Pulse+, uses generative AI to make communication more efficient and strengthen human connections.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Dad of Two Roadside; Steven Dempsey; Randeep Sandhu
Port Houston saw a surge in container exports in June, while crude oil exports rose at the Port of Corpus Christi.
The U.S.-flag subsidiary of shipping leviathan Maersk has agreed to a settlement with the U.S. government over the termination of a seaman who alerted authorities to potential unsafe conditions on a cargo vessel.without first notifying the company.
A Washington jury awarded $24.2 million to the former Port of Seattle police chief, who was fired three years ago and sued the port, alleging wrongful termination.
Former Kansas City Southern CEO Patrick Ottensmeyer — who led the cross-border railroad through turmoil over free trade, the transition to a Precision Scheduled Railroad operating model, and its historic merger with Canadian Pacific — died over the weekend. He was in his mid-60s.
Spot rates have retreated off their recent high, but remain elevated compared to the rest of the year while demand and rejection rates are following seasonal trends.
In an earnings call with analysts, TFI International CEO Alain Bedard gave a strong critique of the company’s LTL cost structure.
This week in Borderlands: Werner marks 25 years of operations in Mexico; Diehl Aviation investing $49 million to build factory in Mexico; TCA adds Olympic Transport as first Mexican carrier member; and South Texas getting new cold storage warehouse near border.
Why are truckload spot and contract rates moving in opposite directions, and what does that mean for the future?
Supply chain logistics company Stord purchased the fulfillment services operation of Pitney Bowes’ e-commerce division on Friday.
Universal Logistics Holdings saw increases in second-quarter top-line revenue, along with gains in its trucking and contract logistics segments.
Jacob McDonald, 60, was indicted by a Licking County grand jury for his role in a Nov. 14 crash that killed six people, including three high school students.
Growth-related costs and a less favorable freight profile led to Saia’s second-quarter results coming up short of expectations.
Canadian National reopened its main line through Jasper, Alberta, this morning and began moving a backlog of traffic that had built up this week while wildfires threatened and ultimately engulfed part of the resort town.
Returns continue to increase, which can end up costing companies. Processes can be put in place to help bottom lines, and it’s all related to transportation.
In this edition: Lineage’s beyond-successful IPO; new cold storage in Motor City
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Jim Hennemann; Mike Bush; Nick Klingensmith
Operational improvements helped Norfolk Southern win back service-sensitive intermodal and automotive traffic while driving down costs and boosting the railroad’s profitability in the second quarter.
Kodiak Robotics is delaying commercial on-highway driverless trucks to focus on autonomy in the Permian Basin.
Ryder’s earnings report for the second quarter showed some sluggishness, but company executives see a bottom.
Companies across the freight industry have announced another wave of layoffs, with over 600 workers in four states losing their jobs.
A first look at less-than-truckload carrier Saia’s second-quarter earnings report.
Lytx highlights fleet safety trends and outlines ways fleets can improve their safety and culture through data, reporting and driver coaching.
Blue Thunder Trucking of Broadview, Illinois, and its three affiliates filed for bankruptcy liquidation on July 19.
FedEx will fly fewer aircraft and go to fewer U.S. cities starting this fall after the U.S. Postal Service gave its primary air cargo contract to a competitor.
TFI International reported solid financial performance in the second quarter of 2024.
The logistics needed to pull off the Olympic Games is always a massive undertaking. The 2024 Paris Games are even more intense. This is what it takes to pull it all off.
The California Supreme Court unanimously upheld the exemption from independent contractor law AB5 that Prop 22 granted to gig drivers.
Union Pacific’s profits rose in the second quarter despite a sharp drop in coal traffic.
As she prepared to take ownership of Veriha Trucking, Karen Smerchek took advantage of the networking and real-world experience of her colleagues in the Truckload Carriers Association to properly plan her career trajectory, and now she wants to give back to that same community.
Covenant Logistics Group sees improvement in the overall freight market but not enough for a 2024 recovery.