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.
A coalition of trucking companies filed a petition on Monday to force Indianapolis-based freight brokerage CMA Freight Services LLC into Chapter 7 bankruptcy proceedings over unpaid transportation services.
Very dry air is raising the wildfire risk across the Upper Midwest. Gusty winds may blow smoke into truckers’ paths (with forecast video).
‘Data gives companies power. But, you need to extract it first.’
In today’s edition, we highlight the latest news regarding the Paycheck Protection Program, interesting comments regarding the U.S.-Mexico border and more.
Brokerage candidates know “they’re in the driver’s seat,” according to one recruiter.
Hwy Haul has secured a $10 million Series A round of funding to help it rapidly deploy its technology within the fresh produce supply chain.
Sweden’s Einride startup attracts multiple global investors for scaling its cabless and driverless freight pods with U.S. entry this year.
Anticipated growth for intermodal will help to support Hub Group’s investments for that sector in 2021.
Less-than-truckload carrier Yellow Corp. reported a sizable first-quarter loss Wednesday as weather, increased purchased transportation expense and a lack of gains on real estate sales weighed on the period.
The earnings call revealed that Uber, like so many others, is working to fill out its driver ranks.
First-quarter revenue results were aligned with FLEETCOR’s expectations, but at $609 million, they fell 8% short of first-quarter 2020 results.
This year has presented both unique challenges and opportunities for the third-party logistics warehouse industry.
PayPal reported its “strongest first-quarter results” in company history on Wednesday, posting $6.03 billion in revenue and a 46% increase in total payment volume.
Luke Falasca and Kyle Taylor talk Dogecoin, TikTok and growing your business to viral status on this episode of #WithSONAR.
The across-the-board gains exceeded expectations and reflect increasing end-market strength, Trimble CEO says.
In the next two weeks, only two container ships are slated to berth at the new Leatherman Terminal. Forty are scheduled at the Port of Charleston’s neighboring Wando Welch Terminal.
On this episode of Freightonomics, Zach Strickland and Anthony Smith look at rising prices in commodities and continued shortages of products in the United States.
Everything you need to know about rail and road safety, plus pizza!
On this episode of Point of Sale, Andrew Cox breaks down the incredible market dominance of Amazon and its logistics network.
Aircraft conversion houses tear apart passenger aircraft, then reinforce the walls and floor so they can handle heavy cargo on the main deck. Business is growing along with trade.
The rule was introduced in the waning days of the Trump administration but was never expected to be enacted.
Salvage crews are using a special method to remove fuel from the capsized commercial lift boat SEACOR Power.
FMCSA official affirms almost half of truck drivers in fatal crashes were not wearing seat belts
Billionaire and Microsoft co-founder Bill Gates, the largest shareholder of Canadian railway CN, is giving 14.1 million shares of the company to soon-to-be ex-wife Melinda Gates.
On this episode of Transmission, Sebastian Blanco dives into the world of electrification of trucks from the perspective of one of America’s premier truck makers.
PowerFleet has helped thousands of customers transition from analog to 2G, 3G and now, 4G/LTE.
Nikola was early to the SPAC party. Now it is among the first to take a paper loss on stock warrants by following stricter SEC guidelines.
There is a small window for new loans to underserved communities, but after spending of about $800 billion, the cupboard is bare.
Union Pacific to open an intermodal terminal in Southern California, Port of South Louisiana completes rail yard, plus two appointments: Michael McCarthy to become SMBC Rail Services president and CEO, and Karen Carriere joins Transportation Technology Center Inc. as executive director of technical services.
In 2017, Lyft launched its Level 5 division, which would focus on developing an autonomous vehicle. Last month, the company pivoted away from that, selling the division, although it still harbors visions of Lyft riders in autonomous vehicles.
Doppler radar has raised the bar for meteorologists when it comes to analyzing severe weather.
“I truly believe that every driver wants to be the best driver,” A&R exec says. “With this system we can help them do that.”
A Prologis Research report points to strong retail sales and inventory restocking as the catalysts behind further tightening in logistics real estate markets.
Purolator is considered the FedEx or UPS of Canada. The express delivery company has hired an airline to help it move more packages between the U.S. and Canada.
Foodetective has raised $2 million in seed funding to help it expand its multichannel restaurant commerce platform to new markets, including the United States.
Visibility provider’s global focus “is part of our DNA,” says Chief Product Officer Vernon O’Donnell.
Microchip shortages and skyrocketing commodity prices make it unlikely that any of the 33,500 new Class 8 trucks ordered in April will be built this year.
The German company posts record first-quarter profits and substantially raises full-year earnings and cash flow targets.
Truckers may hit roadblocks Wednesday in the Deep South as periods of heavy rain and flash flooding continue to soak the region (with forecast video).
Maersk reveals more details on its shift toward long-term contracts at the expense of spot exposure.
Carbon-neutral digital freight network company Convoy commits to reducing emissions, improving lives of truckers and increasing diversity.
Amazon, T.J. Maxx and Critical Materials Corp. have announced plans for major distribution centers in El Paso.
Importers are scrambling as demand sails past ocean transport supply. The numbers paint an ominous picture for cargo shippers.
About 37% of 1,005 respondents said they will ship their gifts this year, the first-ever UPS Mother’s Day survey finds.
Cargojet wants a bigger slice of the U.S. e-commerce and heavy air cargo market. It’s looking for an investment opportunity and has identified new trends in e-commerce that will keep volumes high in North America.
Road check blitz, airplanes with sharkskin, the semis Tesla really needs, Amazon gamifies and more.
The first-ever deal with Apple is part of $4 billion in logistics contracts for XPO since the year began.
As the number of COVID-19 cases decreases, some manufacturers and suppliers of personal protective equipment are predicting demand will start to drop over the coming months.
Less-than-truckload carrier Saia announced Tuesday it was hiring more than 500 drivers and 300 dockworkers.
Lyft reported a narrower loss in its Q1 earnings as riders began returning to the platform.
Andrew Cox kicks off a new era of Great Quarter, Guys by welcoming Zach Strickland as his new co-host.
On this episode of Midday Market Update, Kaylee Nix and Michael Vincent explore the latest FreightWaves shows hitting airwaves soon and discuss the current state of the freight world with leading experts.
On this episode of At Your Doorstep, Kaylee Nix looks at how tech visibility has changed during the pandemic and is becoming a necessity driven by other disruptive events.
An April survey of supply chain executives showed “continued downward pressure on transportation capacity” with prices surging to a 2.5-year high.
Shaw’s says it anticipates a return to work this week, but the union is silent on that issue.
Engine maker Cummins absorbed $105 million in freight costs to get microchips needed for engines during the trucking boom.
Amtrak must follow new on-time performance metrics starting July 1. Democratic congressional leaders and the Surface Transportation Board are looking at different ways to help Amtrak reach that goal. Amtrak and the freight railroads share track in certain U.S. regions.
Former PayPal executive John Lunn has returned to payments with Gr4vy, which has landed an $11.1 million Series A funding round.
Despite a tough comparison with a year ago, Meritor saw sales and earnings increase in its Q2 fiscal quarter.
Wall Street didn’t like Clorox’s earnings report late last week. There were analyst downgrades and shares are down from where they were a week ago and down 10% from their […]
ArcBest points to the current “robust demand” environment as supportive of raising equipment spending in 2022.
On today’s episode of Put That Coffee Down, Kevin Hill and guest co-host Richie Daigle discuss how building a brand means showing off your personality, not hiding it.
Electric vehicle startup Arrival announced it would build a ride-hailing specific electric car for Uber to use in the U.K. and Europe. Separately, Uber said it will now deliver everyday essential items to customers from Gopuff in the U.S.
In the prepared statement released with earnings, CEO Musser says the current market has no precedents.
JD.com’s logistics spinoff is rumored to list in Hong Kong by the end of the month.
A National Biodiesel Board study estimated that biodiesel exhaust is 72% less carcinogenic than exhaust from conventional diesel.
Periods of severe storms and heavy rain Tuesday could slow down truckers again across the South (with forecast video).
In today’s edition, we highlight Navistar’s Class 8 truck recall, a congressional report into COVID relief loans, a potential merger and more.
Auto technician-turned-police officer explains what he looks for as CVSA inspector in one of North America’s largest freight markets.
Logistics provider ArcBest Corp. posted first-quarter results well ahead of analysts’ expectations Tuesday.
Diesel sales at the company showed a slight decline from the fourth quarter but were significantly higher than Q1 2020.
The increase marks the first rise since four weeks of declines and one week of status quo.
Truckload shippers are accepting double-digit rate hikes in 2021 and further increases in 2022, Deutsche Bank’s lead transport analyst says.
Trucking and logistics companies are owed thousands after Gainco Inc. of Portland, Texas, which hauls hazmat loads, filed Chapter 11 bankruptcy on Friday.
Company boosts its full-year EBITDA range, and discloses 11-year, $1.8 billion logistics contract with unidentified customer.
CN and Canadian Pacific continue to campaign for the hearts and votes of Kansas City Southern stakeholders and the Surface Transportation Board.
In-person events are set to roar back later this year. Today, we’re talking about the logistics of making them happen
By killing off Trump-era rules, the Biden administration has lots of room to make big changes in the independent-contractor-versus-employee debate.
Ware2Go, which offers shipping to merchants of all sizes with a specialization in e-commerce, will automatically purchase carbon offsets through Pachama for its customers.
“We feel like Transfix is not even at the end of the first inning. We’re in the first pitch of the first inning.”
There may not be an end in sight for the driver shortage, but holistic supply chain solutions are well-positioned to help shippers and carriers alike weather the storm.
he microgeometry of a shark’s skin reduces friction and allows it to move faster in the water. Lufthansa Cargo is applying that same capability to its aircraft to save fuel in a fascinating case of man copying nature.
Fireworks lobbying group warns Fourth of July celebrations at risk without waiver extensions from FMCSA.
2001: Several shipping lines are close to ordering the first container ships of 8,000- to 9,000-TEU capacity, but others in the industry are warning of the associated risks.
Executives with parent company Berkshire Hathaway expect BNSF to take steps to protect the railroad’s franchise as the merger between Kansas City Southern and one of the Canadian railways makes its way through regulatory review.
Having trouble scaling your sales and marketing operations? Colombian nearshoring may be the solution.
Manufacturing’s traditional selling processes are broken. Our next chapter requires a savvy digital approach backed by a deep understanding of buyer expectations. In turn, this empowers manufacturers to focus on what they do best – building amazing products.
Truckers will have to dodge severe thunderstorms and tornadoes this week in the eastern half of the country (with forecast video).
Amazon’s Prime offering, with its shipment tracking and fast delivery, continues to add pressure to other retailers to match the service. Technology can help up their shipment games, making for happier and returning customers.
Silk Way Airlines is flying freighters to Europe, North America, the Middle East and Asia. One of its airplanes may be delivering goods to an airport near you.
COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.
Certain International trucks with a possible connector rod defect are called back a second time as Navistar expands safety recall.
With TuSimple going public by IPO, a new report says rival autonomous trucking software developer Plus will soon follow via SPAC.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Is sureshoring the next big thing in cross-border trade?; Growers Express adds border facility; MasAir expands with two A330 cargo planes; and ReturnQueen expands into the Austin market.
Many carriers expanded their fleets after the 2018 freight boom and were rewarded with an extremely challenging oversupplied market in 2019. The current pattern looks eerily similar to early 2018, but are they comparable?
The Port of Montreal is a major trade gateway for Canada. The Canadian government busted up a strike by unionized dockworkers and cargo will start flowing again.
Freight demand is not going to abate in the next few months, and there will not be any meaningful addition to fleet capacity in the meantime.
On May 6, Mateo will be delivering packages in downtown Stockton in his own UPS uniform and custom delivery vehicle after the Make-A-Wish Foundation granted his wish.
In today’s edition, we highlight states’ quests for transportation project funding, the path to integrating countless drones into low-altitude airspace and more.
The latest report from the congressional oversight commission monitoring COVID relief loans shows Yellow Corp. may not have been as “critical to maintaining national security” as once thought. The report also calls into question the company’s increased spend on lobbying efforts ahead of the loan.
