News

Heartland Express’ Q2 earnings saw a net loss of $3.5 million as it works to improve its operating ratio and profitability

The Federal Motor Carrier Safety Administration announced Tuesday that ELDs from CTE-LOG ELD, ELD VOLT, Powertrucks ELD and TFM ELD were placed on the revoked devices list.

Cold storage real estate investment trust Lineage Inc. announced that its initial public offering priced near the high end of the range and will include at least 10 million more shares than expected.

Truckload carrier Pam Transportation Services lost money again in the second quarter but said it saw signs of an improving freight market as the quarter closed.

U.S. rail traffic was again ahead of 2023 levels for the week ending July 20, 2024, with overall volume up 1.4% compared to the same week last year, according to statistics from the Association of American Railroads.

FreightTech hasn’t solved freight fraud, and regulators can’t figure out who is regulating it. Is there a solution?

Knight-Swift Transportation said the trough of the freight cycle has likely passed and that it is now focused on growing its less-than-truckload business.

Covenant Logistics Group posts second-quarter revenue of $287.5 million and adjusted earnings of $1.04 cents per share.

The recovery of the air and ocean logistics market since the start of the year helped improve second-quarter results at Kuehne+Nagel and DSV.

Canadian National was able to reopen its main line through Jasper, Alberta, this afternoon while keeping a close eye on a pair of wildfires that have been threatening the resort town.

The Supply Chain Council heralded its beginning with an outdoor briefing near the Port of New York/New Jersey.

GOP lawmakers have asked owner-operators for rules they want to see overturned following a landmark Supreme Court decision.

A federal lawsuit filed Tuesday by nonprofit Environment California accuses the Port of Los Angeles of violating the Clean Water Act.

Old Dominion Freight Line beat second-quarter expectations Wednesday as it continues to ready its network for an improving freight economy where it plans to win market share.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Ryan Schreiber; Brenden Magill; Tim Buski; Aarron Harshbarger; Tyler Bourns

The Embraer E190 cargo jet is getting closer to commercial service after Brazil’s aviation authority signed off on the passenger-to-freighter conversion plan.

California’s latest environmental logistics rule focuses on forklifts, but clean technology there has been growing already.

Legislators used a House subcommittee hearing on railroad safety Tuesday to highlight a new rail safety bill. But committee members and witnesses including regulators, union representatives, and the House member representing East Palestine questioned the rail industry’s own safety efforts.

Tesla has paused plans for a factory in Mexico amid a 43% drop in second-quarter profit.

The U.S. Securities and Exchange Commission has charged two more Florida executives with participating in a truck investment venture that allegedly bilked investors out of $112 million.

xCanadian National today lowered its financial outlook for the year as volume growth slowed during the second quarter due to slumping lumber traffic and the impact of shippers diverting international intermodal containers to U.S. ports in anticipation of a potential rail strike in Canada.

Truckload carrier Heartland Express reported another quarterly net loss on Tuesday and said improvement in the freight market will not likely occur until 2025.

Welcome to the WHAT THE TRUCK?!? Newsletter presented by Talon Logistics. In this issue, FMCSA says its hands are tied, two bankruptcies in Miami, and more. Talon Logistics allows forward-thinking […]

UPS is taking longer than expected to restore profit levels amid slower parcel growth and increased operating costs.

China-based Windrose Technology plans to open a factory in Georgia where the company will produce an electric semi-truck.

Fleet fintech provider Coast lists a number of initiatives under its product road map.

In this edition: Breaking down the most recent Armstrong & Associates study and the FMCSA hits a snag.

Regulators approved Convoy Technologies’ rearview exemption while contemplating a rule change allowing cameras to replace mirrors.

As some factions of the freight industry are still experiencing fallout from Friday’s CrowdStrike disruption, experts are reminded that there is room for growth in securing supply chains.

Two Miami-based trucking companies, A1 Transport Network and AB Brothers USA, filed for Chapter 11 bankruptcy protection Saturday.

The benchmark diesel price used for most fuel surcharges is down for the second week in a row.

National Airlines plans to order four 777 freighters, underscoring why Boeing remains upbeat about the air cargo market over the next 20 years.

UPS announced on Monday it has entered an agreement to acquire Mexican express delivery company Estafeta.

Federal regulators have finalized a rule making it harder for ocean carriers to refuse to provide vessel space for customers.

Brad Jacobs’ QXO is ready to begin acquisitions with a war chest of $5 billion in hand after two big deals.

Conversations about turnover and retention often hinge heavily on pay, but that is only part of the story.

The nation’s trucking regulator has told Congress it lacks the ability to deal effectively with illegal brokers.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Tanner DeHart; Josh Gonzalez; Laurie Stross

Less-than-truckload carrier Saia announced two new terminal openings on Monday and said it will now open 18 to 21 terminals this year versus a prior expectation of 16.

While supply chains have adopted new technologies to optimize efficiency, we are seeing how impactful potential risks can be.

Alaska-based Lynden Air Cargo received FAA approval to modify a civilian version of the Hercules C-130 with an aerial delivery system so it can support more humanitarian missions.

The freight market is appearing to stabilize at higher levels after the Fourth of July, setting up for a better second half of 2024.

This week in Borderlands: Bridge49 alliance wants nearshoring to go high-tech; Ocean Network Express unveils new Asia-Mexico service; new tractor-trailer parking facility opens in Phoenix; and rail facility along Houston Ship Channel opens for tenants.

Kelly Williams of Trimble weighed in on where technology has helped or fallen short for people in the trucking sector.

In this edition: Port Houston gets the cold treatment, Lineage strikes it big, and decreasing food waste in the supply chain.

CloudStrike and Microsoft have released troubleshooting solutions after a global tech outage disrupted business across several industries and grounded thousands of flights Friday morning.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Javier Vera; Aura Benchetrat; Olivia Hu; Zan Andreoni; Josue Ramos; Eric Kulisch

Passenger and cargo airlines are coping with a computer crash, which has disrupted many airfreight shipments.

A massive technology outage Friday morning caused widespread disruptions across industries around the globe, but it’s mostly business as usual at America’s ports.

Marten’s second-quarter earnings deteriorated, but it said it hasn’t cut contract rates since August.

James Taylor will take his second run at leading a commercial electric truck company as the new CEO of Bollinger Motors.

U.S. and Canadian railroads appear to be relatively unaffected by the global tech outage that grounded flights and disrupted businesses today, although Union Pacific and Canadian Pacific Kansas City were experiencing some computer issues.

Fastmore Logistics highlights its proven track record of picking the right carrier and using technology, people and processes to deliver service and security.

NullShip Shipping Solutions claims to sell U.S. Postal Service and UPS labels at a steep discount but sold clients counterfeit postal labels, costing one person thousands of dollars in lost goods.

This week: Alvys and Renaissant both close Series A’s, truck parking solutions unite and Leonard’s Express looks to optimize operations.

FreightWaves’ State of Freight webinar suggests we’ll see more trucking companies leave the market in 2024, creating more equilibrium between shippers and carriers.

Tyler Harden give insights on how to keep up with maintenance in a way that is affordable and keeps roadways safe during this year’s Enterprise Fleet Summit.

FedEx Corp. on Thursday opened its first European Life Science Center, with capabilities to receive, store, kit, pick, pack and ship health care products.

Reliance Partners’ Modernization of Cross Border Trade event Aug. 6 will spotlight ways to improve cross-border operations through collaboration and relationships.

More than 100 Boeing 757s that underwent passenger-to-freighter conversions by Precision Aircraft Solutions need to be inspected and repaired to address the risk of cracking in an external component.

Recent data by Motive suggests the freight recession is closer to an end as more robust June restocking spurs higher July retail sales.

Data from regulators reveals improvements in truck safety last year, with the fewest deaths in five years. 

ABF Freight head Seth Runser has been named president of ArcBest. He will be succeeded by the less-than-truckload carrier’s engineering vice president, Matt Godfrey.

Mark Manera, a physical therapist who founded Supply Chain Fitness, discusses the health of truck drivers and why companies should invest in drivers’ care.

For the week ending July 13, total U.S. volume was 483,806 carloads and intermodal units, an increase of 1.3% over the same week in a year ago.

A two-year process to determine how to value freight for state income tax purposes may be coming to a head.

Triumph Financial is sticking to its long-term goal of growing TriumphPay Network market share even as earnings sag.

Joni Casey, president and CEO of the Intermodal Association of North America, announced Wednesday that she will retire at the end of 2024.

Speedy deliveries and simple return policies are key for a positive customer experience this Amazon Prime Day, says Loop Returns Vice President of Product Kristen Kelly.

Trucking companies will have to consider electric vehicles, especially in port shuttle settings, to comply with emissions regulations, says Tony Williamson, director of business development and sustainability at Gage Zero.

Marc El Khoury, co-founder and CEO of tech-driven trucking company aifleet, weighed in at FreightWaves’ Enterprise Fleet Summit on the debate over the so-called driver shortage and ways his company uses proprietary AI technology to increase driver utilization.

Logistics warehouse operator Prologis said uncertainty around interest rates and the political landscape should be resolved in the coming months, clearing a path for a more constructive 2025.

Chris Schoate, vice president for driver recruiting and retention at Gulf Winds International, spoke with FreightWaves during Enterprise Fleet Summit 2024 about driver recruitment and retention in a post-pandemic job market.

Western Express shared some of its safety strategies at FreightWaves’ Enterprise Fleet Summit on Wednesday.

Now on demand on WHAT THE TRUCK?!? live from FreightWaves Enterprise Fleet Summit Dooner is joined by Matt McLelland; Kory Harb; Joshua Newton; Gary Mendel

PCF Transportation Practice Leader, Tim Good, is joined by Erika Wilson, Producer at Good’s Insurance, a PCF company, to discuss the FMCSA Drug and Alcohol Clearinghouse, a critical piece of […]

After wrapping up her first year as president and CEO of the Women in Trucking Association, Jennifer Hedrick explains the group’s strategy toward creating a more inclusive industry.

Large fleets should be “laser-focused” on reauthorizing the infrastructure bill and the provisions – good or bad – that could make it into the legislation.

The Federal Aviation Administration has proposed a civil penalty of $400,000 against cargo airline Kalitta Air for allegedly operating flights in a prohibited region when certain aircraft have a faulty […]

Harman Cheema, president and CEO of Cheema Freightlines, discussed trends and forecasts in the freight industry during FreightWaves’ Enterprise Fleet Summit.

Logistics real estate landlord Prologis noted “subdued” but “improving” demand in its second-quarter report issued Wednesday.

Less-than-truckload carrier XPO said it has expanded its cross-border service with the launch of XPO Mexico+.

Truck safety advocates say foot-dragging on rulemakings by Department of Transportation regulators is costing lives.

J.B. Hunt missed second-quarter expectations Tuesday as soft freight demand and costs associated with carrying the capacity needed to meet future demand weighed on the period.

In a historic move, Teamsters General President Sean O’Brien spoke about bipartisanship, Amazon and labor reform at the Republican National Convention.

J.B. Hunt missed second-quarter expectations as volumes remained weak across all modes, expenses remained elevated and intermodal yields declined.

Airbus slightly trimmed its demand forecast for freighter aircraft but said airlines would need more large cargo jets than previously estimated. As if on cue, Emirates ordered more 777s from rival Boeing.

Inside the WHAT THE TRUCK?!? newsletter: Who is JD Vance; diesel down; meet theft and more

A $10 million lawsuit by a Georgia man whose pickup was rear-ended by a truck driven for a South Carolina amusement rides company will be heard in federal court.

In this edition: Ransom freight is on the rise and TQL has a victory in court.

Real estate investment trust Lineage announced the pricing of its initial public offering on Tuesday.

Mexico remained the top trading partner for the U.S. in May, at $73 billion.

The brokerage industry, this time TQL, has won another court victory, shielding it from liability stemming from a carrier it hired.

J.D. Vance will give truckers another high-profile supporter in Washington if Trump wins in November.

The benchmark diesel price used for most fuel surcharges was down this week after several weeks of increases.

Teamsters President Sean O’Brien will speak at the Republican National Convention Monday in a historic first for the International Brotherhood of Teamsters. The union has yet to make a decision on which presidential candidate they will endorse for 2024.

Freight shipments and expenditures remained depressed in June, Monday data from Cass Information Systems showed.