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Bill Freidel of AIT Worldwide Logistics expects 2021 to be another challenging year for freight as the COVID-19 vaccine is prepped for release. He encourages logistics companies to invest in cold-chain technologies and continue to meet customer expectations.
In the heat of peak holiday season, our thesis is largely the same: relatively tight capacity, strong volumes and positive cyclicality. The low inventory-to-sales ratio, strong consumer sentiment and spending, lack of service-based spending options and acceleration of e-commerce growth all bolster our belief.
One perspective: Dwell is like “chunky peanut butter”
Warehousing jobs continue to soar
Drivers will have to battle periods of heavy snowfall and whiteout conditions in several freight markets.
In today’s edition of The Daily Dash, Swift Transportation founder Jerry Moyes has taken over as CEO of less-than-truckload carrier Central Freight Lines. Plus, XPO has made the decision to split the company into separate businesses, and FreightWaves’ SpaceWaves event focuses on the logistics of space exploration.
TFI International carrier Transport America has been shifting its fleet to offer more dedicated services in the hopes of attracting and retaining truckers.
Former driver recruiter Michelle Serth-Stein is accused of embezzling nearly $121,000 from two Missouri trucking companies.
Dooner and The Dude learn how carrier DHL will fit into the commercial space world DHL is one of the largest logistics companies on Earth, and it aims to take […]
Volvo Trucks North America will begin building production versions of its 50-state regional haul VNR Electric truck in early 2021 that include remote battery monitoring.
SpaceWaves: Bank of America’s Ron Epstein talks the true value of the space market Andrew Cox and Seth Holm wrap up SpaceWaves with a special edition of Great Quarter, Guys. […]
Dooner and The Dude learn how keeping orbital space clean is a growing business What goes up must come down, or so they say; but what happens to the stuff […]
Who makes the rules of government in space? For now, its uncharted territory.
How long will Brad Jacobs stay on after split and spinoff of logistics business?
Daseke receives a “positive” nod from ratings agency as its restructuring initiatives are being noticed.
Why artificial intelligence development on Earth matters right now Krystain Gebis has lofty goals for the use of artificial intelligence when it comes to space exploration. As the founder of […]
November was a bright spot for U.S. and Canadian grain carloads.
Three of NASA’s technology leaders talk the commercialization of space with government input.
What is it like to leave earth 7 times? Find out with Ad Astra founder Franklin Chang-Diaz.
newtrul, a freight aggregation platform, has announced an integration with McLeod Software’s PowerBroker platform.
The pandemic is driving people to drink more. Bulk ocean shipments of wine in flexitanks are up 30% this year.
FourKites said it has seen dramatic expansion of companies using its visibility products as shippers deal with uncertainty in the supply chain because of the COVID-19 pandemic.
On its way to its debut as a public company, XL Fleet expands its electric drive-making business to include charging and energy storage infrastructure.
The public-private partnership distributing the COVID vaccines is in the starting blocks. Planning is almost done. Now it’s time to execute the race once the FDA says the drugs are safe for public use.
Preliminary Class 8 truck orders posted their third-highest number in history in November, continuing a stunning comeback from pandemic-depressed bookings earlier in the year.
Reliance Partners’ Brian Runnels says, “Communication between a driver and their fleet manager or safety department should be an open line for expressing what you want from them, but also what should they expect from you?”
The railway has started reaching out to First Nations groups and the broader public to share its plan.
Author Tom James delves into the staggering wealth of resources in commodities beyond Earth and how to harness them during the SpaceWaves virtual conference.
More than 20,000 objects in Earth’s orbit are considered space debris, creating challenges for logistics and supply chains
Swift Transportation founder Jerry Moyes has been tapped to lead LTL carrier Central Freight Lines of Waco, Texas, which he owns.
First, Spire collects the ship-movement data from orbit. Then algorithms use that data to reveal the patterns of global shipping.
Mars missions are advancing, but the logistics of a Martian supply chain are anything but simple.
PACCAR’s Columbus, MIssissippi engine plant’s proximity to nearby colleges and universities creates jobs at the $400 million facility where 250,000 engines have been manufactured in 10 years.
Private space companies are boosting into space exploration. Will it lead to a new method of shipping in space?
ShipMonk, an online fulfillment and technology solutions company, has completed a $290 million growth equity round as the global e-commerce surge shows no signs of abating. Growth investor Boston-based Summit […]
The future of space capital lies in private equity From childhood, J. Brant Arseneau knew he wanted to be an astronaut. Unfortunately, that wasn’t in the stars (and he has […]
Asteroid mining holds promise of a $700 quintillion market for freight transportation.
Yuske Taguchi explains how Gitai is developing robots to supplement human labor in space.
Author Robert Jacobson describes how Main Street investors today can invest in the space-related logistics of tomorrow.
Old Dominion Freight Line reports further improvement in less-than-truckload trends since the positive August inflection. This is the second carrier in as many days to show that metrics have accelerated through the fourth quarter.
Compared to other prospecting methods, cold calling produces the best results for a minimal commitment of time and resources.
NASA has ambitious plans to return to the moon in a permanent way later this decade and then head to Mars in the 2030s, and it is looking for logistics partners to help make that happen.
The pandemic is leaving its mark on the real Christmas tree market with an apparent uptick in sales, a compressed selling season and direct-to-consumer deliveries that are replacing some retail […]
Widespread snowfall totals in excess of 6 inches are possible, along with whiteout conditions.
In today’s edition of The Daily Dash, YRC’s loan is facing scrutiny from Congress, plus LTL tonnage is on the rise and prosecutors ask for the reinstatement of the conviction of former Pilot CEO Mark Hazelwood and two others.
The COVID pandemic forced transportation to quickly adopt digital solutions, and Comdata was ready.
Domestic and international delivery rates rise 5.9%; the rate on returns shipments rises 4.9%.
Preliminary Class 8 truck orders in November were the third highest in history as fleets anticipating steady freight demand locked up build slots in 2021.
Real Estate Roundup is a weekly rundown of developments in the world of industrial real estate used for logistics and transportation. This week: Publix, Amazon and Starbucks are among the […]
Cold storage warehouse operator RLS Logistics advances growth initiative with the announcement of plans for a new facility serving New England.
Firm to create two independent companies with each trading on the NYSE.
Surviving cargo that was bound for the U.S. now is headed back to Asia.
Canadian supply chain software firm Descartes Systems Group continued to aggressively grow profits in the third quarter as it set a record for revenue.
Companies with 1 or 2 workers got money from the program; TL payout per job was about $9,200
Expansion includes an 855,000-square-foot fulfillment center in North Las Vegas.
Workhorse Group shares plummet as Postal Service delays delivery truck contract to early 2021. Separately, a potential short seller claims the electric delivery truck maker is worth just 20% of its valuation.
Solar storms impact everything from astronaut health in space to power grids on Earth.
Why capacity crunches don’t mean guaranteed cash for transportation providers Headlines Maritime bottlenecks continue, with shipping delays being seen at the Panama Canal as demand for container ships, liquified natural […]
With Salesforce acquiring Slack and Zoom continuing to grow, how will sales change to adapt to the online world? Dooner and Hill discuss.
The EV Fleet Savings Calculator allows businesses with medium- to heavy-duty fleet vehicles to explore EV investment estimates based on fleet sizes, infrastructure, budget and other factors.
Samantha Brooks and Ellen Reiche were arrested Saturday night in connection with an alleged terrorist attack on train tracks north of Seattle.
FedEx goes beyond partnerships to swallow e-commerce platform provider.
Five Class I railroads ask the Surface Transportation Board to consider an alternative arbitration program.
Walmart ends the minimum order requirement for shipping benefits on Friday.
A rail blockade in west-central Mexico has ended, freeing key rail lines connecting to the Mexican seaport of Lázaro Cárdenas on the Pacific coast.
Automation, optimization and location are all key in making warehouses function more sustainably.
The Uyghur Forced Labor Prevention Act is set to disrupt many CPG supply chains.
Less-than-truckload carrier Saia is the first company to provide an update on shipment trends for the fourth quarter, leaving at least one analyst “encouraged.”
Transfix will integrate project44’s visibility platform into its shipment tracking technology as the first initiative under a multiyear strategic partnership.
Pfizer and BioNTech might be on their way to a logistical breakthrough if they determine their promising COVID-19 vaccine can be shipped at warmer temperatures.
Prosecutors are asking the 6th Circuit Court to reconsider its Pilot fraud case ruling that tossed out the convictions of Mark Hazelwood and two staffers.
On today’s FreightWaves NOW, Zach Strickland discusses capacity loosening across the south in the Carrier Update presented by PowerFleet.
CP will serve Hapag-Lloyd at the New Brunswick port through 2025.
Regardless of a transport or logistics manager’s objectives, the digital age name of the game is to estimate the dollar savings provided by an application like this.
A commission hearing regarding concerns over CARES Act loans made to businesses “critical to maintaining national security” will likely shed more light on the rationale behind the $700 million Treasury loan to YRC.
KeepTruckin has introduced Fleet View, a holistic approach to managing a fleet through a single platform that combines GPS, ELD compliance, driver safety management and asset visibility.
Periods of whiteout conditions could delay truckers in areas of Texas, Oklahoma and Kansas.
Penske Logistics plans to acquire Black Horse Carriers, a Chicago-based trucking company with more than 2,000 vehicles and 4,000 employees.
In today’s edition of The Daily Dash, lender BMO’s earnings shed light on the state of the trucking market. Plus, Flock Freight flies high and the top challenge for the next U.S. Department of Transportation leader.
Tens of thousands of data points on who got what are now available for perusing
Experts warn of parcel backlog at U.S. entry points should CBP refuse entry to shipments.
Emergency declaration extended through the end of February.
Panama Canal congestion is not impeding transits of container ships but it is pumping up spot rates for LNG and LPG carriers.
Digital freight-matching brokerage Transfix is in discussions with a special purpose acquisition company that could lead to its listing as a public company, according to Bloomberg.
Lufthansa and DB Schenker are working together to increase the market for alternative aviation fuels.
Will Trevor Milton sell his Nikola shares, status of Tesla Semi, SpaceWaves, Liam update and more in the newsletter
Cold storage heavyweight Lineage Logistics announces the acquisition of Poland’s largest temperature-controlled storage and logistics provider, Pago.
Most companies have women now, but a second rule would deal with diversity or sexuality.
Canadian fuel distributor Parkland Corp. says it is investigating a cyberattack after a ransomware gang claimed it hit the company.
An update to Jason’s Law highlights congestion issues at U.S. ports.
Wabtec shares its “30 by 30” strategy for combating climate change. Greenbrier plans to track its emissions and energy intensity in 2021.
The Association of American Railroads recently laid out some issues that Amtrak, host railroads and the federal government must grapple with as they implement on-time performance metrics and standards for Amtrak.
Lockup expiration sends Nikola shareholders heading for the exits for second consecutive day as stock loses about 40% of its value.
Triten Real Estate Partners announces its latest industrial real estate portfolio addition, picking up the headquarters of Polar Service Centers in a sale-leaseback agreement.
Pilots at UPS and company officials disagree about the level of precautions being taken to keep them safe while providing essential cargo service around the world. The pilots’ union says infections are on the rise and more testing is needed.
Daimler Trucks and Portland General Electric are creating an Electric Island for commercial vehicle charging, a novel approach to meet the growth in battery-powered freight movers.
On today’s FreightWaves NOW, Zach Strickland discusses East Coast remaining active after Thanksgiving in the Carrier Update presented by PowerFleet and Michael Vincent talks about continued upward pressure on rates.
The partnership will give shippers access to smaller trucking operators.
Autonomous truck maker TuSimple makes a deal with TRATON GROUP to expand into the European market and KLLM raises driver wages.
Double whammy for the dismissed driver: He owes the grocer more than $15,000 in addition to not getting his job back.
