News

The deal benefits TFI’s freight-centric culture and allows UPS to shed a noncore asset, Tomé says.

Supply chain technology provider Manhattan Associates bests fourth-quarter forecast and raises 2021 guidance. Management sees “robust” global demand for cloud solutions.

A maritime coalition wants Congress to fund a new maritime relief program as part of the next COVID-19 relief bill.

In this issue, spot market stabilizes, Bezos steps down as CEO at Amazon, top truck stops in America, Robinhood tanks meme stocks, trucker dumps salt on cops, spinach that can email and more

Amazon announces a leadership shift as it crushes fourth-quarter 2020 estimates and reports $125 billion in revenue.

Andrew Cox and Seth Holm discuss whether trucking stocks have hit their high points and debate the news of the day.

Ocean Network Express takes giant profitability leap — from $5 million to $944 million year-over-year.

Trucks hauling COVID vaccines won’t get pulled over, says the Commercial Vehicle Safety Alliance.

Maritime rates are still soaring as ports stay backlogged, but could a federal mask mandate help alleviate some of the issues?

Call Cainiao the Amazon Logistics of China. When most of China normally takes a break for the Lunar New Year, Cainiao will still be delivering packages to Hong Kong this year.

EKA Solutions’ TMS is gaining traction among small and midsize carriers and brokers with “high adoption rates.”

The January Logistics Managers’ Index moves higher as more firms take on inventory and delays throughout the supply chain further deplete transportation and warehouse capacity.

Compliance with record-keeping regulations is a time-consuming task that can easily fall through the cracks as busy fleet executives focus on day-to-day tasks.

Scott Ruffin’s company is poised to exploit weaknesses in legacy delivery networks to take B2C share.

TrinityRail, Canadian Pacific and Rocky Mountain Industrials announce company news; unions seek appointments to the National Mediation Board.

Logistics provider ArcBest sees positive tonnage trends continue in the first quarter. The less-than-truckload carrier is attempting to break the historical margin decline seen from the fourth quarter to the first.

2020 brought disruption and volatility. But dealers, against all odds, actually performed much better than expected.

Pete Buttigieg wants to push through an infrastructure package that links highway funding to electric vehicles and climate policy.

With the focus on technology, service and operations, Team Worldwide has appointed Randy Sinker as president of the company.

In logistics and transportation, timely responses are critical, yet email has remained largely unchanged and many operators are constantly losing valuable client communication in their inboxes.

The countdown continues, rating the five worst interstates for truckers in bad weather, based on accident statistics.

BrightDrop, the new General Motors business-to-business electric first-to-last-mile delivery subsidiary, will sell 12,600 of its vans to Merchants Fleet.

U.S. Xpress will become the latest carrier to adopt Platform Science’s technology platform, allowing it to deploy third-party and custom apps without the need for added hardware.

Uber will acquire Drizly, an on-demand alcohol marketplace, for $1.1 billion in cash and stocks.

SONAR is the leading freight forecasting platform. Two recently added SONAR indices are proving very useful to SONAR subscribers. Learn more.

E-commerce and shipping solutions provider Pitney Bowes reported “the highest modern-day, organic growth rate on record.”

Fuel Transport is the latest Canadian operator to install project44’s visibility technology.

UPS reports all-time annual records for revenue and earnings per share.

Supply chain issues continue as snowstorm lingers Tuesday across the Northeast (with forecast video).

Logistics provider ArcBest reported better-than-expected results for the fourth quarter Tuesday. Less-than-truckload tonnage increased by double-digit percentages as weight per shipment jumped 10%.

In today’s edition of The Daily Dash, TFI International has acquired another carrier. Plus, the CDC says most truck drivers don’t have to wear masks, and flatbed operator Daseke is looking for acquisition targets.

Container lines score huge negotiating advantage as spot-rate surge set to persist through annual contract season.

The U.S. Postal Service is exploring the potential of bringing in commercial operators to handle outbound traffic.

Forward Air is the latest transportation provider to implement general rate increases amid a tight capacity environment. The company’s 6% GRI will apply to all shipments.

Kevin Hill talks with Chris Jolly about how developing carrier relationships is key to securing clients.

Level has not been this high since March, but still is more than 20 cents less than last year at this time

DHL Global Forwarding recently launched a new bulk liquid transporter system of flexitanks called DHL Reefertanks.

Four Israeli companies have secured contracts with Pointer in the past year.

A train conductor in Georgia stopped a CSX train from hitting a homeless man on the tracks who was suffering from hypothermia.

Dooner and The Dude hit some big headlines, hear another Play It Forward and learn the top fleets to drive for in 2021 on this episode of WHAT THE TRUCK?!?

“Demand in the intermodal and trucking sectors is at an all-time high, which makes this an ideal time to optimize FYX’s many assets and take it to the next level,” says new CEO Kenneth Forster.

New York Gov. Andrew Cuomo on declaring a state of emergency: “This storm is no joke.”

YRC announced Monday the further expansion of its regional next-day service at YRC Freight. This rollout will make the service available out of 13 terminals throughout the mid-Atlantic.

After a difficult 2020, optimism about the supply chain is running high this year — and 11 industry leaders have identified several opportunities for growth with their predictions for the rest of 2021.

Less well known is that the federal face masks rule for traveling on a commercial conveyance within or in and out of the U.S. also applies to anyone doing work on airport or seaport property.

1999: To avoid the costs and delays of processing stowaways at destination ports, some ships’ crews have been known to shove stowaways overboard and set them adrift at sea.

Ryder will provide three hours of paid time off for each of the two COVID-19 vaccinations.

As online sales of furniture and other heavy goods grows, smaller sellers have been at a disadvantage without a national logistics partner. Deliveright and Shopify are changing that.

CDC implements President Biden’s executive order on mask requirements at transport hubs.

HubTran boasts over 1 billion processed documents, 99% accuracy and $50 million saved.

Cargojet is riding the e-commerce wave and to grow business even more it sold shares so it can buy more big cargo planes.

This begins the countdown of the five worst interstates for truckers in bad weather, based on accident statistics.

Only a week removed from the $800 million purchase of UPS Freight, TFI International is back at it. On Monday, the company announced the acquisition of van and flatbed carrier Fleetway Transport.

Though maritime shipments of LNG are routine today, it was only 62 years ago that the first shipment of LNG occurred.

Supply chain visibility companies Tive and project44 have joined forces to launch the Open Visibility Network in an effort to encourage collaboration and improve end-to-end shipment visibility.

Major delays likely on roads, rails, tarmacs and loading docks along the East Coast (with forecast video).

Another issue in the earlier trial: Did the driver blow his horn?

EcoCart offers e-commerce consumers a chance to purchase carbon offsets at checkout to lessen the environmental impact of the order.

Reliability in container shipping depends on visibility. Cargo shippers should encourage their carriers and service providers to adopt standards that ensure consistent data and timely exception handling across carriers.

Although it took several years for Epay to gain traction in the market and become profitable, the general consensus among brokers who used it to manage carrier payables was, they wanted it to do more.

Despite strong Q4, Daimler Trucks likely to miss analyst consensus on sales and profits based on parent company’s forecast.

Get caught up on all of this weeks freightcasts here!

Truckers will hit heavy snowfall and gusty winds for a few days in several Northeast states (with forecast video).

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: A $1 billion warehouse and logistics port is planned for Laredo; RCR Taylor Logistics Park opens in Texas; Volkswagen ends Golf production in Mexico; and Red Sun Farms expands in Pharr.

Capacity can be a fleeting thing, especially in the middle of a pandemic. Airlines are shrinking their flight schedules and it’s hurting cargo shippers who depend on the lower-deck space to move goods.

Although many questions remain for trucking in 2021, flatbed appears to be poised for a much stronger year.

The meth was found during a traffic stop involving a refrigerated tractor-trailer off Interstate 35 in Denton County, Texas.

Grubhub will provide delivery of Girl Scout Cookies to customers using the Grubhub platform to place orders from local troops.

An interview with flatbed carrier Daseke outlines the company’s operational focus and plan to get back to growth through acquisitions.

In today’s edition of The Daily Dash, global logistics operator DB Schenker eyes the U.S. market. Plus, U.S. Xpress’ CEO sees big things coming for its Variant division, and flatbed operator Daseke reports earnings and issues a mixed outlook for 2021.

General Motors is not the first automaker to commit to science-based carbon neutrality. Industry experts agree it will accelerate trucking electrification and the greening of the supply chain.

According to recent survey data from Bringg, same-day delivery will become a status quo offering from retailers in 2021. But is it the right move? Not for the vast majority of retailers. Here’s why:

Trucking markets headed back in the right direction

A federal grand jury has indicted a former fleet manager of Builders FirstSource, a publicly traded construction products manufacturer, alleging Steven Duety used company credit cards to defraud his employer of $1.6 million.

DSC Logistics, a Chicago-area third-party logistics provider, says it was a victim of a ransomware attack after hackers threaten to release stolen data.

The latest request from the congressional commission overseeing COVID-relief loans seeks pricing information from the Defense Department for all less-than-truckload shipments, including those performed by YRC Worldwide.

Airspace moves goods fast, with a mix of technology, air transport, ground couriers and people who literally carry a critical product on a flight and to one’s door. Investors just gave the company a big pile of money to play with.

Dooner and The Dude debate the prioritization of truck drivers for the COVID-19 vaccine, recap the Sales & Marketing Summit and learn how truckers handle their essential business.

With Mexico’s National Vaccination Plan underway, the country is already emerging as the epicenter for criminal activity surrounding coronavirus vaccines.  On this episode of FreightWaves’ true-crime podcast Long-Haul Crime Log, […]

This week’s DHL Supply Chain Pricing Power Index: 70 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 65 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers) […]

FreightWaves’ Global Supply Chain Week will feature media expert Gary Vaynerchuk, Tyson Foods’ John Tyson, and Johnson & Johnson’s Kathy Wengel among dozens of speakers scheduled to appear at the free virtual event, scheduled for Feb. 22 through March 3.

FMC commissioners appeal to President Joe Biden to immediately vaccinate the maritime workforce.

SamCart, an D2C e-commerce platform, has closed a $10 million Series A round of funding, led by TTV Capital.

Automakers called on the Taiwanese government Tuesday to persuade Taiwan chip manufacturers to reallocate production capacity for the auto industry. It looks like those pleas for help were heard.

FreightWaves Truck Talk is a weekly newsletter adding perspective, context and commentary to industry news and trends.

Slips, trips and falls can bring about lifelong injuries for truckers, but thankfully, they’re easily preventable. Reliance Partners’ Brian Runnels details basic safety tips around the truck and trailer.

Hong Kong has some of the most rigid COVID-19 health measures and travel restrictions in the world. New rules targeted at home-based crews are impacting operations at Cathay Pacific and FedEx, where pilots are also griping about the lack of good air conditioning when overnighting in China.

Wall Street volatility is top of the headlines, but what about maritime shipping volatility? Steve Ferreira breaks down what you need to know before the ocean market gets flooded too.

Anticipated consumer spending levels, retail restocking and tight truck capacity are among the factors that could support intermodal volumes this year, according to Class I rail execs.

In 2021, you do not just need to offer a solution; you need to offer a smart solution.

Flatbed truckload company Daseke beats earnings per share estimates in the fourth quarter but revenue and operating ratios slide. 2021 guidance provides a bit of a mixed bag.

NYSHEX aims to eliminate ambiguity from containerized freight contracts. ‘We make it crystal clear exactly what the carriers and shippers are going to do.’

Walmart and Kroger are taking differing approaches to online grocery fulfillment. While fully-automated warehouses are more efficient, they are much more expensive and inflexible. Local-fulfillment centers may not be as efficient, but they are much more cost effective. Read the detailed trade-offs here:

Truckers will hit heavy snowfall and gusty winds this weekend from Iowa to Pennsylvania (with forecast video).

In today’s edition of The Daily Dash, Landstar sees a cooling freight market in the second half of 2021. Plus, the Biden administration may consider regulating driver detention, and Werner sells its freight forwarding business.

Could DB Schenker be the next TFI International? TFI just agreed to buy UPS Freight. DB Schenker is ready to become a pure play trucker in the U.S. and will be looking for sellers.

ZIM just completed the first U.S. shipping IPO in over five years. Here’s a look back at shipping’s wild multidecade ride on Wall Street.

Six people, including the owners of two defunct trucking companies, face multiple charges after federal prosecutors claim they submitted fraudulent loan applications to obtain $1.5 million in funds through the […]

In what amounted to an “encore,” the end of the Q&A didn’t mean an end to the discussion on Variant and its role in USX’s future.

Revenue gains and lower costs in the fourth quarter weren’t enough to offset losses from GATX’s passenger airline-affiliated joint venture with Rolls-Royce.