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Waabi has emerged from stealth with $83.5 million in funding and a plan to build AI-first self-driving technology.
The large year-over-year revenue increases recorded by less-than-truckload carriers in the second quarter continued with Yellow on Monday after the close. However, the carrier’s operating metrics lagged some of its competitors as it continues to execute a companywide overhaul.
The price gap between wholesale and retail levels at lowest level of 2021.
The Department of Justice seized most of the Bitcoin paid to the gang behind Colonial Pipeline cyberattack as the U.S. targets the “entire ransomware ecosystem.”
A report said that Walmart-owned Flipkart is close to securing $3 billion in new funding as the Indian e-commerce giant explores a possible IPO.
The general contractor on the wind project where the driver was working was stuck with the biggest share of the award, but two drivers also were assigned blame as well.
Farmers in Texas and Louisiana have suffered at least $600 million in damage due to spring and winter storms.
Moving freight 145 million years in the making: dinosaurs.
Daimler Trucks adds three safety advances, building on NHTSA data showing fewer truck-related crash deaths.
Petco leverages its stores to fulfill 83% of online sales. That’s much higher than Target’s %, which has the best omnichannel operation in retail.
CSX has appointed Kevin Boone as executive vice president of sales and marketing and has named Sean Pelkey as interim CFO. Mark Wallace, who was EVP of sales and marketing, will remain as an EVP as he undergoes cancer treatment.
The desktop and mobile versions of the carrier portal will launch in mid-July, while the app will be released later in Q3.
Carriers are hoping to attract drivers with more pay and improved benefits.
Pinterest has launched new shopping features as it looks to further engage users in e-commerce.
The Alpharetta, Georgia-based peanut and tree nut processing company “will be closing entirely and permanently ceasing operations” in El Paso, Texas.
Ex-Pilot president alleges reverse racism as he seeks different judge, location for second fuel fraud trial. Long-Haul Crime Log investigates the claims.
United Auto Workers members at Volvo Trucks North America planned to resume a strike after rejecting a second tentative agreement .
Rideshare drivers sometimes need a cash advance to cover short-term expenses, but traditional banks offer few options. COVERR hopes to bridge that gap.
Carbon-neutral construction, renewable energy installation and worker- and community-based programs are among Prologis’ sustainability initiatives.
Navistar was hit by a cyberattack in late May, but the truck maker said it is working with cybersecurity experts to minimize the impact.
“We truly believe we are at least two or three years ahead of any other player in the market.”
Several more inches of rain may cause additional flash flooding this week along and east of the Mississippi River (forecast video included).
On this episode of The Stockout, Mike Baudendistel reveals the sticky situation of inflation and how it is being reflected on grocery store shelves.
FreightWaves recently chatted with Brian E. Gorton, Conrail’s new president and chief operating officer, to discuss his vision for Conrail and what opportunities lie ahead for the Northeast terminal railroad jointly owned by CSX and Norfolk Southern.
The blank-check route to going public is losing steam, but Aurora Innovation may take the plunge in a SPAC led by one of its investors.
Environmental regs could extend future dry bulk and tanker upside, while consolidation could change curve of container-shipping cycle.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Embracing tech standards before pandemic benefited manufacturers; eBay opens platform to millions of sellers in Latin America; Bull Moose Tube announces Texas mill; and CBP seizes $4 million in fake items at Port Houston.
Shippers may have had a little more success with contracted carriers in May, but it came at a high cost.
Nikola founder makes bank for early employees to whom he gave 6 million low-priced stock options.
The 20-year battle over broker post-accident liability may be resolved once and for all.
This week: Safety4Her goes from online retail to brick and mortar, WIT’s vice president joins the board of Wreath Across America and Shell Rotella SuperRigs is back in-person.
Trucking owner Keith McConnell, 43, of Carlisle, Pennsylvania, is facing federal charges after prosecutors claim he used PPP funds for personal use.
My 10 takeaways upon diving back into the supply chain game.
Transport deregulation’s long game has left much of the asset-based carrier field with few players. Will the cycle turn to usher in a cast of competitive newbies?
In today’s edition, we highlight two key adjustments to the highway bill, an analysis of jobs in the trucking industry and more.
U.S. Customs and Border Protection officers found more than $6 million worth of marijuana in trucks purporting to have paper shipments in two separate seizures in the Buffalo, New York, area.
No matter the rhetoric, the unvarnished truth is it takes people to move trade.
The president of the Arkansas Trucking Association estimates $2.4 million a day in trucking industry losses due to the I-40 Mississippi bridge closure.
DHL’s sustainability road map; the first-ever fully automated IoT platform for fleet management; an automated booking hub that cuts out the middleman; and shipping odd-size freight
The cranes cost $21.6 million to construct; a price tag on vessel and cargo damage has not yet been estimated.
Workhorse Group has nothing significant driving its stock price higher, only retail traders seeking to make money if the price falls.
Reefer rejection rates tumbled once again over the past week, and the national reefer rejection average is now below 40% for the first time since the second week of September.
Republicans deride “restrictive” policies that were retained from last year in the Democrats’ latest version of the surface transportation reauthorization bill.
Another trucking company responds to the strong freight market by increasing truck driver pay.
On this episode of Freightonomics, Zach Strickland and Anthony Smith talk about OEMs’ supply chain issues and how they may keep the current transportation cycle tighter longer.
Final-mile delivery technology company OneRail announced it has added more than 1 million drivers to its network, giving shippers access to more last-mile capacity.
Two sets of numbers in the monthly BLS report show a decline in seasonally adjusted numbers, but an increase in the less widely watched not-seasonally adjusted figures suggest more hires.
Truck Talk is a weekly newsletter that brings perspective and context to trends and issues in the trucking industry.
Conflicting surveys continue to cloud the picture on the best approach to employment status for gig workers, leaving legislators, companies and drivers in a state of uncertainty.
This look at the past week in images features a container crane collapse, Alaska snow and a decorated semi trailer.
A tale of 2 job reports: Seasonal numbers are closely watched by economists, but the other measurement suggests some success at hiring.
On this episode of Medically Necessary, Matt Blois looks at how drugs are followed from production to distribution using technology.
Blythe Brumleve breaks down how to resolve pain points in your business on this episode of Cyberly.
Several inches of rain may cause flash flooding across the South from this weekend into next week (forecast video included).
In today’s edition, we highlight a strong report for Old Dominion, an interesting sustainability study and more.
There was a fair amount of “feel-good” talk regarding inventory build during the fiscal first-quarter retail earnings season. But for several chains, the year-over-year comparisons were easy. Further, sales have continued at an elevated clip, suggesting the massive merchandise restocking is far from over.
The Strategic National Stockpile is asking Congress for more money to build back its inventory following the COVID-19 pandemic, but it’s already starting to make improvements to day-to-day operations.
Finding space on an international aircraft to move one’s freight is no easy task. Large shippers with enough volume are just renting entire planes to ensure their stuff can get from here to there.
U.S. rail volumes climbed nearly 30% in May from last year’s pandemic-induced troughs. Intermodal traffic has boosted rail volumes this year and could continue to do so in spite of capacity constraints at U.S. ports.
A U.S. House subcommittee has launched an investigation into Yellow Corp.’s $700 million CARES Act loan.
Retailers at increasing risk of not getting goods from Asia on shelves as ocean transport system hits limit.
“The X-Press Pearl’s sad fate is the latest in a disappointing recent and persistent catalog of container ship fires,” says the TT Club.
Multimodal focuses on industrial segments like automotive, chemicals, metals and machine tools.
Turning to younger drivers may be the key to assuring the success of the next generation of truckers.
Declining Class 8 truck orders in May are deceptive. Fleets would order more but they are holding off because it might take a year to get them.
On this episode of FreightWaves Insiders, Dooner catches up with SmartHop CEO/co-founder Guillermo Garcia to talk about living the American Dream. Guillermo’s passion to elevate smaller fleets stems from his […]
Once Flash Group has made its international debut, CEO Komsan Lee will look to take the company public, according to reports.
On this episode of #WithSONAR, Luke Falasca and Kyle Taylor look at why some people are trying to solve the wrong problem when it comes to untangling the mess of freight backlogs.
FedEx remains inundated with elevated parcel volume stemming from continued online shopping resulting in longer delivery times, service blunders and upset customers.
If the farmer had the phone number of the customer buying the grain or OFE’s app to make the match, maybe there wouldn’t be as many middlemen and maybe the farmer would have better options.”
JOKR launches in New York City Thursday with the promise of 15-minute grocery delivery.
The Modernization of Cross Border Trade event will be Thursday in Laredo, Texas.
While the company is already present in Germany, France, the U.K., Canada and Australia, it plans to use these new funds to expand internationally, specifically further into Western Europe.
Less-than-truckload carrier Old Dominion reported further acceleration in tonnage and yields in the first two months of the second quarter on Thursday.
Truckers will have to deal with a few more days of unseasonable triple-digit heat in several Western states (forecast video included).
DHL research released Thursday provides insights for “e-tailers that wish to lead on environmental issues,” said Greg Hewitt, CEO at DHL Express USA.
In today’s edition, we highlight second-quarter updates from ArcBest and Saia, a $50 million round of funding for Locus and more.
“We think we’re kind of on the cutting edge of this,” the Global Weather Corp. CEO said about its role in advancing road condition forecasting.
“Redwood customers can now enjoy a fully integrated parcel solution, offering rating, labeling, visibility, analytics, reporting and savings through our enhanced parcel expertise.”
The Federal Communications Commission is sued over a decision that could affect progress in truck platooning communications.
Consulting firm FTR expects railcar orders and deliveries to grow as North American railcar utilization increases amid growing volumes and owners seek to scrap less-utilized cars.
From a shortage of truck production workers to parts depot staff, Daimler Trucks North America is trying to keep up with blistering demand.
With the pay boost, the company’s more experienced drivers will bring in 63 cents per mile.
Pitney Bowes has added ParcelPoint Smart Lockers to its parcel locker portfolio, providing a secure, technology-enabled solution for enterprises.
We hear from freight unicorn project44’s CEO / founder Jett McCandless
Unlike in 2020, parcel delivery carriers will have breathing room between late June and the traditional holiday cycle.
Cainiao, which means newcomer or beginner in Chinese, is the 8-year-old logistics unit of Alibaba. Besides providing express delivery for packages ordered through Alibaba, it is offering end-to-end logistics services to other companies.
Software firm Setenal says trucking fleets using radio frequency identification chips can increase length of tire use and save money.
On this episode of Point of Sale, Andrew Cox explores how retailers are still adapting.
“Logistics decisions are actually not designed for humans because it involves a lot of confusion. For example, dispatching takes into account a lot of fast-moving variables that take place within a small amount of time, and there is no way a human can do it efficiently.”
Although new guidance on mask wearing returns the industry to some semblance of normalcy after over a year of lockdowns and restrictions, employers should remain cautious in revising policies.
The United States Cattlemen’s Association warns JBS hack could disrupt the meat supply chain without emergency work-hour changes.
Freight forwarder will pay “absolute historic high” to secure container ship as “people are panicking” amid “out of control” market.
Less-than-truckload carriers ArcBest and Saia report continued strength in demand through the first two months of the second quarter.
When COVID-19 shut down gyms across the country, equipment maker Aviron needed to pivot to the home fitness market. It needed a logistics partner that could handle the difficult last mile. It found one in GlobalTranz.
Christen Diane Schulte, 35, of Washington, Missouri, was sentenced to six years and eight months in federal prison for embezzling more than $700,000 from a family-owned trucking company and farm.
Ray Wood, head of global carrier management at World Courier, discusses how the air cargo market has adjusted and maintained relationships with customers.
President Joe Biden’s budget for the Federal Railroad Administration supports funding to rehabilitate Amtrak, expand passenger rail service and provide continued support to grant programs.
“Robotic process automation is no longer a science experiment. This technology is no longer about figuring out what works. The time to consider whether to automate your warehouses has passed.”
B Corps are held to the highest standards of social and environmental impact. B Lab and B Corp representatives tell FreightWaves how to pass the rigorous assessment.
