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First-quarter earnings reports from truckload carriers highlight a booming freight market. A strong consumer, tight truck capacity and elevated rates appear the likely dynamics for the remainder of the year.
Tesla is focusing on making more cars, securing battery cells and finishing gigafactories in Texas and Germany. The Semi is again in the background.
Trans-Pacific container crunch is about to become even more severe, warns Flexport, with May sailings now effectively sold out.
Covenant’s overall OR improved by 620 bps from the first quarter of 2020, a significant gain.
A California freight forwarder filed Chapter 7 bankruptcy last week, collectively owing transportation and logistics companies more than $884,000.
On this episode of Put That Coffee Down, Kevin Hill and guest co-host Richie Daigle discuss the lead generation and prospecting world with Andy Hedrick, founder and CEO of Trucking Tower.
Canadian railway CN reported net profit of CA$974 million in the first quarter of 2021, a 3.7% decline from the first quarter of 2020.
It was the first time in more than two years that the price was unchanged week to week.
Woven Planet, a subsidiary of Toyota Motor Corp., has agreed to acquire the self-driving vehicle business Level 5 from Lyft.
“Both Hapag-Lloyd and USMX were well aware that the work in question would have been handled by ILA members” if the vessel had gone to another port, the International Longshoremen’s Association lawsuit asserts.
In the past year, digital financial technology quickly went from “nice to have” to an integral element of how business is conducted.
GDC Technics is permanently closing its San Antonio plant where most of the work on the Air Force One planes were done.
On the show we’re talking about reinvigorating the great American road trip with Stuckey’s CEO Stephanie Stuckey
Dooner catches up with his dad, former Roanoke Trade VP Jerry Dooner to talk Suez, general average, and more.
Roehl Transport announced its second driver pay increase of the year.
Several trucking and logistics companies are collectively owed hundreds of thousands of dollars after an Indiana brokerage ceased operations and filed Chapter 7.
The growing backlog of new truck orders has supercharged pricing for newer used models at auctions, with retail traffic also high.
The best-in-class retailers are aggressively pursuing logistical control over their products while trying to avoid patchwork responses to final-mile delivery.
Regulators point to fatalities in promoting Work Zone Awareness Week.
As more shoppers turn to e-commerce, cybercriminals are taking advantage of lax security measures to target online fraud.
The Canadian railway CN and Kansas City Southern have agreed to talk about CN’s acquisition bid. Canadian Pacific, which has a competing offer, acknowledges the meeting. CN also submits letters of support from stakeholders to regulators.
Some importers are rethinking how to move their products due to the Ever Given’s “very sorry situation.”
OmniTRAX is working with the River Ridge Development Authority of southern Indiana to develop real estate, while a Genesee & Wyoming subsidiary broadens its rail service agreement to include service to the Mason Mega Rail Terminal at the Port of Savannah.
Port of Montreal longshoremen began an unlimited strike on Monday morning, but the Canadian government is set to step in with back-to-work legislation to avert more disruption to the supply chain.
China is the second-largest international trading partner for the three largest land border crossings in the Lone Star State.
Congress is considering several options to keep the Highway Trust Fund afloat.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Why does innovation stop at the Mexico border?; Arkansas trucking operation expands into Texas; Samsara releases fuel efficiency report; and VW begins exporting Taos from Mexico.
Containers have been in short supply, exacerbated by gross trade imbalances between the U.S. and China. The surging flow of empties moving back to the West Coast implies the ships won’t be slowing anytime soon.
“Every three hours in the United States, a person or vehicle is hit by a train,” said Operation Lifesaver director in an interview with FreightWaves.
On this episode of The Stockout, Mike Baudendistel explains why it is not as simple as one may think to utilize intermodal transportation to reduce truckload emissions.
Buyers and suppliers have turned to supply chain finance to manage liquidity needs for decades. However, supplier finance programs have seen increased scrutiny from regulatory bodies, which seek greater disclosure.
In today’s edition, we highlight a Biden administration thumbs-up to trucking’s role in electric vehicle expansion, an upcoming general strike at the Port of Montreal and more.
The Surface Transportation Board has determined that a waiver that exempted Kansas City Southern from post-2001 merger rules governing rail mergers applies in the proposed merger between KCS and Canadian Pacific.
On this episode of Point of Sale, Andrew Cox looks at the steps one leading beauty brand is taking to mitigate environmental impacts.
AirBaltic will become a cargo terminal operator at the airport in Latvia’s capital.
On this 300th episode of WTT we’re talking to a truckerprenuer making safety gear for her, and more
Rep. Peter DeFazio, D-Oregon, chair of the U.S. House Transportation and Infrastructure Committee, is concerned that efforts by rival Canadian railways to acquire Kansas City Southern could usher in more consolidations in the freight rail sector.
On this episode of Medically Necessary, Matt Blois explores a partnership between one of the biggest drugmakers in the country and a freight visibility platform.
Steve Ferreira uses this episode of Navigate B2B to explain why building a successful company starts with growing good roots.
Biden executive order will make it easier to lead by example on electric vehicles, DOT chief says.
Even as customers returned to its dining rooms in the first quarter, Chipotle said its digital sales accelerated more than 130%.
Daimler Truck AG, soon to be a stand-alone business, showed a modest recovery from the pandemic-impacted year-ago first quarter.
Florida Gov. Ron DeSantis has signed an internet sales tax bill, requiring e-commerce sellers to collect a 6% sales tax on any sale to a Florida resident.
Canadian electric truck and bus manufacturer Lion Electric is poised to go public after Northern Genesis Acquisition Corp. shareholders approve SPAC merger.
Lufthansa Cargo is one of more technologically advanced air cargo carriers. New material-handling systems highlight the overhaul of its main warehouse.
On today’s episode, Jeremy Reymer, founder and CEO of DriverReach, speaks with John Lex, driver ambassador and professional over-the-road driver with Walmart, about his story as well as his perspective on the trucking industry.
With a Canadian Pacific and Kansas City Southern merger, grain shippers in the Dakotas will have a real single-line option to reach their end markets rather than having to rely solely on UP or BNSF, says former U.S. Sen. Byron Dorgan.
AfterShip, an e-commerce tracking and post-purchase solutions company, has secured a $66 million Series B investment round, bringing its total funding to $69 million.
“We started figuring out how we can layer in artificial intelligence to our systems to allow our customers to be predictive and not reactive,” Panasonic executive tells FreightWaves.
Port of Montreal longshoremen say they will begin a full, indefinite strike starting Monday after their employers moved to change regular schedules.
Truck Talk is a weekly newsletter with perspective and context on the trucking industry, alternative transportation, powertrains and autonomy.
Prologis launched a new LEED program, Blume Global says it will be carbon-neutral very soon, and bays are seeing ecological recovery.
Variant is a company within a company that is being touted as the future of U.S. Xpress.
In today’s edition, we highlight the growing impact of the semiconductor shortage, public sentiment on automated driving systems in trucking and more.
Hear from drone manufacturers, shippers and more that are utilizing these devices to completely revolutionize transportation at the first and last miles of supply chains.
Cargo congestion has gone from bad to worse at Chicago O’Hare International Airport, forcing importers to wait several days to retrieve shipments and prompting two large logistics companies to migrate […]
Imagine a world where companies have full visibility of their complete supply chains’ carbon emissions. FreightWaves Carbon Intelligence offers that insight to SONAR users.
On this episode of Put That Coffee Down, Kevin Hill looks at the different ways technology can help companies decrease their carbon footprints.
After being fined $30 million for slow recall reporting, Daimler recalls 15 new truck models for a tie rod defect despite fielding no customer complaints.
Roni Rae Brady, the former chief judge for the Northern Cheyenne Tribal Council, was sentenced to six months in prison for a scam that targeted truckers.
Lila Holzman of As You Sow explains during FreightWaves’ Net-Zero Carbon Summit how investors can hold companies accountable on climate change.
Many companies sought out supply chain visibility during the pandemic. Now, they’re unlikely to go back.
New guidance from the Biden administration includes the trucking industry as part of its 500,000-charging station rollout.
The company’s revenue rose but operating margins are higher; Variant targets are being met and revenue is 11.8% of total truckload.
The CEO of one of Canada’s largest trucking companies, Mullen Group, says the country’s freight market will bounce back after COVID-19 is under control.
The Surface Transportation Board will need to scrutinize a proposed merger between Kansas City Southern and either Canadian Pacific or CN to ensure it doesn’t hurt the operations of competing railroads, Union Pacific’s head said on the company’s first-quarter earnings call.
Net-zero emissions targets are growing in popularity, but a Flexport.org expert says companies need to set the right goals and take real action to avoid greenwashing.
On this episode of Cyberly for FreightWaves’ Net-Zero Carbon Summit, Blythe Brumleve looks at using ranching as a carbon sink to move the world toward carbon neutrality.
Reliance Partners’ Brandon Richards offers those new to the industry advice on auto liability policies — a prerequisite for every motor carrier.
Anheuser-Busch brings competitors together to seek solutions.
On this special episode of WHAT THE TRUCK?!? during the FreightWaves Net-Zero Carbon Summit, Dooner and The Dude talk to five corporate leaders about their companies’ initiatives to reach net carbon neutrality.
Tenstreet’s Crawford talks about what he’s seeing in the flow of new driver applications.
y using a certain type of natural gas, and measuring its life cycle, a manufacturer of engines says its technology has a carbon impact of less than zero.
After a delay in getting hydrogen infrastructure partners, Nikola cuts its second deal in a week, this one withTravelCenters of America.
Wabtec is working with railroad customers to transition from diesel power to cut emissions.
Carbon markets expert and OPIS Director of Global Carbon Pricing Lisa Street chats with FreightWaves Editor-at-large John Kingston about how transportation companies can be involved in the carbon markets.
On this episode of Point of Sale, Andrew Cox looks at the benefits of managed transportation with ArcBest’s Danny Loe.
Affirm Holdings, which specializes in “buy now, pay later” solutions, has acquired leading e-commerce returns provider Returnly.
Old Dominion Freight Line set a first-quarter record even with adverse weather conditions. The second quarter is shaping up to produce a new all-time company record.
Aaron Graft has been assuring users HubTran’s open loop system will not be giving Triumph’s factoring business an unfair advantage
Craig Fuller, founder and CEO of FreightWaves, discusses the future of transportation as it transitions to a carbon neutral world with Danny Gomez, managing director of financial and emerging markets for FreightWaves.
In 2020, Amazon nearly doubled: its workforce, its number of facilities and its logistics square footage. In 2021, it plans to double its truckload fleet.
The Office of Management and Budget is considering whether to greenlight a trucking automated driving systems project.
Misfits Market’s business has boomed as more consumers shift to online grocery shopping, and now it has achieved a valuation of over $1 billion following a new $200 million funding round.
Companies need to think outside the box in order to meet consumer demand despite crowded ports and constrained capacity. Mobile warehousing and storage offers an affordable solution.
Sweden’s Volvo AB reported a record operating margin in Q1 following a warning of up to a month of downtime due to microchip shortages.
FreightWaves discussed the new solution and how customers can reduce their carbon emissions with Loadsmart co-founder and President Felipe Capella.
“Enormous amounts of energy require enormous amounts of space and one thing vessels don’t have is space,” said Milton Bevington during FreightWaves’ Net-Zero Carbon Summit.
J.B. Hunt exec says at Net-Zero Carbon Summit that intermodal ‘needs to be on everybody’s mind’
You can’t reduce carbon emissions without measuring them first. C.H. Robinson experts discuss the company’s carbon measurement technology.
As hydrogen grows as a fuel source for long-haul trucking, Nikola Motor Corp. is finding ways to bring down the cost of manufacturing the fuel.
SmartHop has tapped Amy Liu, formerly of Uber Elevate, as chief of staff and to help build out its New York office. The company also announced the opening of an office in Bogota, Colombia.
Onfleet announced a carbon offset program that will see it partner with its customers to contribute $8 per metric ton of carbon dioxide generated through delivery operations to reforestation and old forest protection programs.
Transfix considers the relationships at stake for a carrier or shipper in order to build the right tech solution.
Prosecutors allege Oumar Sissoko, 59, of Temecula, California, who claimed to own a pothole repair company called Road Doctor California LLC, spent hundreds of thousands of dollars on luxury items after receiving $7.25 million in PPP loan funds.
FreightWaves introduces FreightWaves Carbon Intelligence. Learn more here!
A 4% drop in operating revenue contributed to a 9% decline in net income for Union Pacific’s first quarter.
Old Dominion Freight Line announced its best first-quarter result in company history on Thursday. Improved density and yields led to a 76.1% operating ratio, 530 basis points better year-over-year.
For now, Canadian Pacific is not planning to take part in a bidding war with rival CN to acquire Kansas City Southern, saying that its offer is more likely to meet regulators’ litmus test for mergers.
In today’s edition, we highlight Knight-Swift’s first-quarter earnings report, good news for drivers at Heartland Express and more.
