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Former executives at Forward Air along with an activist investor have been acquiring shares since October in efforts to make changes to the management team, board and capital allocation strategy, which may include divesting “non-core assets.”
1994: Despite its effectiveness in catching contraband, Customs pulls the plug on X-ray procedures at Tacoma.
Dana Inc. spotted the trend toward zero-emission commercial vehicles four years ago when China offered incentives for battery-powered buses. That led the Tier 1 supplier to start buying and partnering with companies to build an all-in approach to electrification.
XPO gets most of K + N’s U.K. contract logistics business.
On today’s FreightWaves Now, Michael Vincent discusses what to expect for January in the Carrier Update presented by PowerFleet.
Automakers have put a high priority on EVs as the world shifts to cleaner modes of transportation. With demand for EVs forecasted to rise, the demand for rare earth metals used in both EV drivetrains and batteries will definitely be on the rise as well.
A train carrying more than 160 Volkswagen vehicles was derailed in Mexico last week by thieves, according to Mexican authorities.
Truckers will have to chain up this week in the Northwest. More heavy mountain snowfall, gusty winds (with forecast video).
Schmitt says the company had “muscle memory” that enabled a shift to methods that predated the technology shutdown by a ransomware attack
The trucking sector has been on a historic run of late, with some pointing to an end nearing. Don’t tell that to Deutsche Bank’s Amit Mehrotra, who sat down with FreightWaves to discuss his positive outlook for the new year.
Reefer spot volume volatility has exploded across the nation over the past week.
Successful IPO by ZIM would offer investors direct exposure to trans-Pacific freight-rate craziness, but not without risks from debt load.
An Oregan man was recently sentenced to over eight years in prison and ordered to pay back over $3.2 million for his role in an elaborate fraud scheme while living in Hawaii.
Electric vehicle sector hottest area for SPACs
LoadStop digitizes fleet operations with automated dispatch and carrier TMS.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico registers a $3 billion trade surplus in November; Wholesum inaugurates a new facility in Mexico; the Nogales port of entry to reopen Sundays; and Shacman Trucks signs distribution agreement.
The Boeing 777 is highly prized for its cargo capability, whether it’s in passenger or cargo configuration. Three airlines are adding freighters to their fleets, which is welcome news to companies trying to book cargo space when there aren’t enough aircraft flying.
Five-year-old Liam Salmon lost his nearly year-long battle to brain cancer on New Year’s Eve.
Everything from shipments of tomatoes, avocados, jalapenos and broccoli, to loads of electronic equipment were used in attempted smuggling cases at the Mexico border.
Zach Strickland and Anthony Smith count down the best episodes during this crazy year for freight markets.
There’s so much change happening around the world as society advocates for sustainable and clean transportation. Although a lot of the hype generated from EV development is deserved, some people believe EVs are overhyped, including Toyota President Akio Toyoda.
Previous New Year’s storms have shut down transportation and knocked out power for weeks in some regions of the country.
In the first half of 2021, truckload volumes and prices will continue to go up as they have in the second half of 2020.
New Jersey has become the first state in the nation to announce plans to adopt California’s Advanced Clean Truck (ACT) and Heavy-Duty Omnibus rules as momentum builds to expand the […]
Wabash National discloses Scope 1 and Scope 2 GHG emissions in its first sustainability report.
In 2020, the U.S. trucking industry was turned on its head by a pandemic and an oil glut that forced many small fleets and owner-operators to cease operations or file for bankruptcy protection. Others cited legal woes as the main reason to file Chapter 7 or 11 this year.
Federal excise tax waiver could help Volvo’s VNR Electric truck reach price parity, says electric vehicles director
Daimler Trucks North America signed a consent order with the National Highway Traffic Safety Administration agreeing to pay up to $30 million for tardiness in reporting safety recalls in 2017 and 2018.
DHL Freight promotes two and ev Transportation appoints two to board.
Americold announced that it has closed on a 46-facility deal valued at $1.74 billion.
Cranes arrive, environmental prizes are awarded and cruise ships are welcomed.
There is no shortage of opportunities for AI and machine learning to be applied to the solution of big problems in global supply chains.
Traffic app Waze squeaks into the FreighTech 25 at No. 25, rounding out the group for 2020.
Selling in 2020 looked completely different thanks to the shift to remote work and limits on corporate travel. Hear from industry leaders on maximizing sales potential in today’s climate.
Steep ascents and dizzying heights make these U.S. bridges downright frightening for some truck drivers.
GDOT’s $1.8 billion truck-only lane project is expected to reduce delays by 12% for commercial vehicles.
Russia is shipping its COVID-19 vaccine to several countries, including Argentina.
How are you adapting marketing in 2021? The year ends Thursday and after a challenging 2020, people are hopeful for 2021. Last week, Kevin Hill and Blythe Brumleve talked about […]
The Teamsters union has patched things up with one of Amazon’s main air transport providers. Talks remain stalled with the other cargo airline.
The proliferation of ransomware attacks in the trucking and logistics industry is leaving many firms in the position of deciding which is the lesser of two evils: paying the attackers or paying the price of refusing.
Parcel-delivery surcharges are to be front and center in conversations next year.
Innovation chief McLelland says the questions for the industry go from the very big to the very small, and not all can be anticipated yet.
The Port of New York and New Jersey is committed to fluid operations during cargo surges.
Lumber Prices are soaring which is threatening CPG companies with higher supply chain costs.
Mainstream commercial use of small unmanned aircraft for a variety of applications, including package delivery, is around the corner. New FAA regulations create a pathway for drones to operate safely with fewer limitations.
FRA announces the full implementation of PTC as well as interoperability among competing railroads.
Warehouse solutions provider 6 River Systems ranks No. 23 in the FreightTech 25. The company rapidly expanded its customer base and wall-to-wall fulfillment solutions this year.
Railcar lessor GATX acquires tank container lessor Trifleet in 175 million euro deal.
Luke Falasca and Kyle Taylor dropped a debut podcast #withSONAR in 2020.
Former FEMA official Tim Manning will coordinate COVID-19 supply chain management in Biden White House
From volume volatility to a busy board, here are five themes that dominated the rail industry this year.
FedEx will mark its 50th year by harnessing IT for pitched battles with Amazon and UPS.
A good news indicator will be when the railroads and private car fleet owners start placing large new orders.
Deciding whether a digital freight brokerage, No. 22 on the FreightTech 25, fits in a company hauling around people and food
Snow, ice and wind will delay truckers next few days from the Southern Plains to Great Lakes (with forecast video).
New and existing companies are ramping up GPS and temperature-tracking technologies to deploy in vaccine transport and beyond.
Company said sale of its SHIP tokens was not an unregistered securities sale, but government agency disagreed
NATSO and other retail fuels industry trade groups urge states not to join the Transportation Climate Initiative Program.
Asia-U.S. container rates had held firm at a record high since September. Now they’re on the move again — and headed even higher.
Volga-Dnepr is bringing back one of its An-124 jumbo freighters after an accident forced the company to temporarily ground the fleet for safety checks.
Mexico’s new fuel import regulations are seen by critics as an attempt to boost state oil firm Pemex.
The World Shipping Council responds to assertions from FMC commissioners of potential Shipping Act violations.
Tightening the screws on cargo security? Be sure you’re just as vigilant about cybersecurity.
Hino Motors has suspended production until late 2021 because its engines don’t meet greenhouse gas emission standards.
It was a year of discussions, SPAC announcements, caring and not caring for the GQG crew.
It’s safe to say that Apple has a major portion of the electronic market on lockdown. Apple’s next strategic move? Developing its own self-driving car and taking it to the streets by 2024. No joke.
Transit projects are expected to take on more importance than new construction in Joe Biden’s administration.
Freight forwarders are vying against all-cargo airlines and online merchants over whether export cargo should be screened or get a green light to the aircraft if it comes from a secure facility audited by the government.
Snow and ice will delay truckers this week from the Great Plains to the Great Lakes.
A look back at 2020’s shipping roller coaster: how container sector emerged as ‘surprise rock star’ and tankers peaked early, then plunged.
Mark Duchesne’s resume includes working at process-driven Toyota Motor Corp. and freewheeling Tesla Inc. Now he is trying to keep Nikola’s $600 million plant on schedule to build battery-electric trucks and the first fuel cell electric trucks by the end of 2021.
A couple more truckload carriers have announced pay increases for drivers ahead of the new year. Beacon Transport and Bay and Bay Transportation are the latest.
Final DOE/EIA diesel price shows more than 44-cent drop from first price of 2020
Ocean carrier Maersk says it is “working closely with the Agriculture Transportation Coalition and local trucking associations to address their concerns of equipment availability and detention and demurrage issues.”
FedEx Corp.had announced acquisition of e-commerce platform ShopRunner earlier this month.
The Timken Co. and Envases Group recently announced plans for cross-border factories in Texas and Mexico.
Dooner and Michael Vincent count down their favorite WHAT THE TRUCK?!? episodes of 2020 and get stoked for 3 days of WTT?!? in 2021.
Hapag-Lloyd and ONE have ordered 12 ultra large container ships, all of which will be able to carry more than 23,500 TEUs.
2000: UPS Airlines has signed an agreement with Boeing Co. to take delivery of 13 MD-11 widebody freighters over the next four years.
The FMCSA has declared a truck driver an “imminent hazard to public safety” after the deaths of five cyclists in an accident in Nevada.
Warehouse robotics executives discuss industrial automation trends.
Efforts to require side and front impact guards continue in Congress.
The United Arab Emirates has its first doses of Pfizer coronavirus vaccine thanks to a free delivery from national airline Emirates.
The parking brake can apply without warning, increasing the possibility of a crash in four 2021 Volvo model lines. The company stopped delivery Dec. 8 to inspect trucks not already on their way to customers.
Even while most of your audience will never have met you in person, you are trying to give an accurate picture of who you are, through what you present.
Plenty of distillate molecules to go around plus no collapse in high sulfur reversed all conventional wisdom, Morningstar says
The FMCSA’s final rule allowing third-party instructors to provide both instruction and qualifying testing for the same applicant isn’t likely to materially alter trucking’s capacity shortfall, according to analysts.
Snow and ice could delay freight flows and supply chains this week from the Great Plains to Great Lakes.
Hackers relentlessly targeted trucking and logistics companies throughout 2020. These five cyberattacks are among the worst incidents.
Reefer tenders have strengthened significantly out of the nation’s largest markets.
Top 10 lists dominate the end of any year. American Shipper’s Top 10 stories list is voted on throughout the year by readers simply by reading our stories on americanshipper.com. Here are the stories you read the most in 2020.
The plan: signing up lots of carriers who then team with brokers to use the factoring capabilities built into the platform
igital freight startup Loadsmart ranks No. 18 on the 2021 FreightTech 25 list of most innovative and disruptive companies.
Top 10 lists dominate the end of any year. FreightWaves’ Top 10 stories list is voted on throughout the year by readers simply by reading our stories on freightwaves.com. Here are the stories you read the most in 2020.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Opening Texas bridge to cargo trucks will be game changer; Amazon will open a logistics center in Mérida; new service links ports of Brownsville and Tampa Bay; Rhenus Group expands in Mexico.
Canada now has two COVID-19 vaccines in circulation. FedEx Express flew in the first shipment from Europe on Thursday.
Imports continue to pile up as shippers and carriers take time for the holidays. They may come back to a mess.
CFI raised more than $40,000 in its annual Truckload of Treasures Holiday Giving Campaign.
Autonomous trucking startup Ike takes No. 17 spot on FreightTech 25 after a year that saw new partnerships with fleets and acquisition by partner Nuro.
A federal grand jury has indicted Daniel R. Fruits, a former executive of Secure Transit, headquartered in Greenwood, Indiana, alleging he defrauded his investor of nearly $14 million to buy a horse farm, Rolex watches and several luxury cars.
