News

Chinese ride-hailing giant Didi has filed paperwork with the SEC for an IPO on a major U.S. stock exchange.

The briefs filed by the trade groups seek to bolster arguments made by CTA but rejected in the split decision by the 9th U.S. Circuit Court of Appeals.

The proposals hope to enforce the carriage of trade and excessive penalties U.S. importers are being charged by foreign carriers.

“With our sustained focus on supply chain digitization, infrastructure investments and strong business relationships, we have the opportunity to build on this historic milestone,” says Executive Director Gene Seroka.

The Diesel Technology Forum released data that the newest generation of diesel trucks provides massive greenhouse gas emissions and air-quality benefits.

Life behind the wheel of a big rig, driver health and how to become a social media influencer in trucking.

Connecticut’s governor is expected to approve a 17.5-cents-per-mile tax on large trucks.

Fleet intelligence provider Omnitracs announced the latest release of its SmartSense technology Thursday. SmartSense for Inattentive Driving+ aims to reduce accidents by identifying distracted driving.

CFO Thom Albrecht doesn’t think the lumber shortage has been “that big of a deal” for flatbed carriers.

The barge and tugboat operator said if no buyers come forward, it could begin employee layoffs by July 15.

FreightWaves adds a new way to measure capacity changes in the domestic freight market to its SONAR platform.

Legal woes force Illinois trucking company Mardon Trucking Inc. to cease operations and file Chapter 7 bankruptcy this week.

Former Surface Transportation Board Vice Chairman William Clyburn Jr. recommends that STB approve the voting trust proposed by CN and Kansas City Southern.

The investment was motivated by continued growth in the specialty freight logistics markets.

Trucks Venture Fund 2 is backed by seven large global partners — three auto OEMs, three auto suppliers and one communications company.

Trips that once took three to four weeks are often taking three to four months, and shipments will undoubtedly miss their season for some retailers.

Truckload carrier Western Express will install Platform Science’s full suite of technologies, including the Remote Platform Management system, across its fleet of 3,000 trucks.

J.B. Hunt Transport Services is the latest fleet to test autonomous trucking software in Texas, hauling loads in human-supervised robot trucks from Waymo Via.

Truckers will hit strong winds and a risk of rollovers Thursday in several Western states (forecast video included).

The American Chemistry Council wants the Surface Transportation Board to look into whether operational changes and cost cutting exacerbated the rail service issues that chemicals shippers have been having in the first half of this year.

On this episode of #WithSONAR during the FreightWaves Small Fleet & Owner-Operator Summit, Luke Falasca and Kyle Taylor look at how SONAR data is useful no matter your fleet size.

In today’s edition, we highlight the latest financial news and developments at XPO, some good news for our own team and more.

After a slow start, Morgan Stanley sees the urban air mobility market quickly accelerating after the year 2040, growing from a $1.5 trillion market size to more than $9 trillion in 10 years.

The company’s investor day focuses on modest projections for domestic package-delivery margins through 2023.

Consolidation in the liner sector is already extreme. Newbuild orders will further concentrate market power in fewer hands.

An intermodal container terminal in Alabama targeted for “earmark” funding would extend the reach of the Port of Mobile.

In an effort to keep trade flowing, major carriers have canceled sailings to Yantian — a useful diversion that has created a whole new chain of bottlenecks.

From A.P. Møller – Maersk to ZIM, the world’s shipping lines reported huge profit jumps.

At a UBS conference, two execs from the truckload carrier reviewed the market for drivers in the midst of the freight boom.

A former owner-operator and J and R Transfer’s Josue Ramos discuss challenges with shifting freight volumes, hard times and what they wish they had known before becoming an owner-operator.

Factoring is one of the most important sources of liquidity for small fleets and independents, and it’s undergoing significant consolidation.

Bad apples can jump from one company to another because their full employment history doesn’t always follow them. It happens in all industries. But when bad pilots get a second chance, it can be deadly.

Ryder’s Kevin McCarthy highlights what small businesses miss about the hidden costs of owning versus leasing.

Transportation capacity diminished further in May, according to a supply chain survey. The capacity subindex of the Logistics Managers’ Index fell 50 basis points from April to 32.7%, “indicating continued […]

As COVID restrictions ease, small fleets must develop cargo theft prevention plans, which include mapping out safe truck parking and fueling routes, says Adam Wingfield, managing director of Innovative Logistics Group.

Experts weigh in on how choosing the right legal services firm can help drivers and fleets keep operating efficiently.

Labor attorney Damon Ott discusses how trucking companies may need to change with the California law on the use of independent contractors during FreightWaves’ Small Fleet & Owner-Operator Summit.

Matt Silver, VP of partnerships and strategic alliances at Trucker Tools, and Larry Cothran, owner-operator of Cothran Logistics, chat about becoming an owner-operator at FreightWaves’ Small Fleet & Owner-Operator Summit.

XPO Logistics provided updated expectations for the second quarter and issued 2022 guidance for soon-to-be stand-alone logistics company GXO.

U.S. Customs and Border Protection seizes drugs from trucks on a regular basis. Lawyer Su Ross of MSK talks to Long-Haul Crime Log host Nate Tabak about what fleets and owner-operators need to know when drugs are found in one of their trucks.

FreightWaves and its American Shipper brand won Best Media Brand (Overall Editorial Excellence) in the 67th annual Jesse H. Neal Awards, considered the Pulitzer Prize of business-to-business journalism.

Forward Air is marketing itself as Forward because it offers more than just airport-to-airport linehaul.

E-commerce technology company Stackline announced a $130 million investment from TA Associates to fund additional technology development.

Trucker Tools’ CEO and a Schneider expert chat about how the COVID-19 pandemic has made brokers, shippers and the public more aware of the value that owner-operators bring to the freight industry.

“We need to get safe drivers on the road and we need to do so quickly,” says CVTA President and CEO Bailey Wood during FreightWaves’ Small Fleet & Owner-Operator Summit.

Based on fatal crash data, these are the five highway stretches where truckers should be the most careful.

Keynoting a FreightWaves summit, Rob Estes, head of Estes Express Lines, says current conditions are unprecedented.

A high-ranking official with the largest trade group for independent owner-operators discusses the issues his organization sees for many of those behind the wheel.

KeepTruckin has unveiled Fuel Hub, a telematics-based machine learning tool that can help identify drivers and vehicles that may be using more fuel than needed.

Truckers may run into roadblocks the rest of the week due to flash flooding east of the Mississippi River (forecast video included).

The new company already has 10 clients, as it takes the HubTran platform and steers it toward a market that is similar but with key differences.

In today’s edition, we highlight a new pay plan to incentivize operators, Redwood Logistics’ latest move with project44 and more.

Cargo handling companies at Chicago O’Hare International Airport are crying, “No mas.” They’re investing in warehouses outside the airport because cargo volumes are causing gridlock at airport terminals.

Love it or hate it, the regional parcel carrier looks to clean up as e-commerce drives up demand for parcel-delivery services.

Once high-flying SPAC Lordstown Motors said Tuesday it may fail without more money to produce commercial electric pickup trucks.

A new supply chain task force emerges from the Biden administration’s 100-day review.

A trio of shippers groups, CN, Kansas City Southern and Canadian Pacific offer their takes on whether the voting trust associated with the proposed CN-KCS merger is or isn’t in the public interest.

A group of private equity firms signed a deal, reportedly worth $30 billion, for a majority stake in the private medical distributor Medline.

On this episode of Great Quarter, Guys, Andrew Cox looks at how supply chain failures are hindering the return to services.

On this episode of Transmission, Grace Sharkey and Sebastian Blanco look at why Toyota is so great with suppliers.

On this episode of At Your Doorstep, ACERTUS’ Trent Broberg looks at how consumer buying behavior is shifting the way cars are bought and delivered to people’s homes.

On this episode of Put That Coffee Down, Kevin Hill and Richie Daigle talk about why the sales game is a grind that doesn’t stop.

Autonomous trucking software startup TuSimple’s public offering helps boost Navistar Q2 earnings while a trucking recovery leads to added production.

Asset-light trucking and logistics provider Forward Air’s new pay plan incentivizes operators to haul into the country’s more challenging markets.

Turntide Transport division will initially target electromechanical systems to decarbonize markets such as commercial and industrial vehicles, rail, marine and aerospace.

According to reports in local media, Kroger and Drone Express officially kicked off their drone delivery pilot program in Centerville, Ohio, Wednesday.

During market shifts, it can be difficult for shippers to decide which modes, providers and contract/rate types will serve their business best.

Jerome Guillen, the head of the Tesia Semi Class 8 electric truck program, has left the electric vehicle maker without explanation.

“We’re a little over 5 million miles with zero personnel safety incidents and we take both of those metrics very, very seriously.”

With their recycling, shipping, offshore and supply chain expertise, Coca-Cola and Maersk are helping The Ocean Cleanup rid the oceans of plastic pollution around the world.

“Visibility is one of the biggest go-forward initiatives we hear from our customers.”

Two Arizona wildfires, each more than 60,000 acres in size, have shut down state and U.S. routes (forecast video included).

“These partnerships can’t be just regurgitation of consolidated data; there has to be a business case that you build around it. That is what we are trying to do here.”

In today’s edition, we highlight the latest companies with salary increases for drivers, a layoff at a processing and distribution center in Texas and more.

Congestion is cutting liner capacity just as freight rates are at all-time highs, incentivizing carriers to buy or charter more ships.

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.