News

Euronav exec curses crude-tanker market (literally). Scorpio exec pitches product-tanker promise and throws shade at crude side.

Blue North executive Brit Fitzpatrick talks community support and female leadership in supply chain management during FreightWaves Venture Summit Tucked in the foothills of northern Kentucky, just outside Cincinnati, Brit […]

Hyliion founder and CEO Thomas Healy make his case for why natural gas provides the best and cheapest way for the trucking industry to embrace electrification.

Watch demonstrations from Axele, SkyBitz, J. J. Keller, Trimble Maps, Optimal Dynamics, Transflo, Cargo Chief and Turvo.

Flurry of port activity could point to “growing concerns of future supply chain disruptions.”

No more need to build information technology from the ground up when available cloud-based solutions can cheaply and efficiently modernize a trucker’s operation, experts tell the FreightWaves LIVE @HOME audience.

The once little-regarded special purpose acquisition company is all the rage on Wall Street as $56 billion in blank check companies seek reverse merger targets. A leader of two of those efforts cautions day traders to know what they are investing in.

Wabash National saw a 37% surge in its backlog of trailers to build from the second to the third quarter as record orders piled in. Third-quarter margins declined but the trailer and last-mile equipment builder was profitable.

With intermodal volumes growing in the third quarter and October, how will the railroads handle intermodal traffic in the fourth quarter?

Beset by poor margins, refiners have announced closures and are expecting a lot more in the not-too-distant future

Systems issues at the Canada Border Service Agency leads to a significant backlog of incoming shipments, trucking industry group says.

Manders predicts more volatility in 2021 as businesses struggle for capacity assurance amid unprecedented inventory restocking efforts.

A comfortable merger still requires managing change and making parts fit as technology races ahead, says Trinity Logistics President Sarah Ruffcorn

Craig Fuller and Mike Isaac discuss Isaac’s book as well as the rise and fall of Uber. They dive into the evolution of Uber, the company’s new reliance on Uber Eats and the impacts of new regulations.

Andrew and Seth are joined by Thiago Olson, Managing Director of Engage Ventures to discuss Engage’s unique VC model, their hyper-focus on southeastern startups and what opportunities he is seeing […]

ArcBest CEO Judy McReynolds talks about the company’s customer service model and how it has helped them thrive throughout the pandemic at FreightWaves LIVE @HOME on Thursday.

Leveraging more advanced data accuracy tools and processes, shippers and CPGs achieve a higher level of on-time performance by making more informed decisions in real time.

J.B. Hunt has been recognized for its five-year, $500 million technology investment, but how it got to that point is now equally well known.

Atlas Air rode the rising tide for air cargo to higher profits in the third quarter.

Truckers can protect themselves from the devastating effects of extreme heat, cold and poor air quality while on the road.

Port restrictions may get tighter in the coming days as Eta becomes a tropical storm again, heading to the mainland U.S.

In today’s edition of The Daily Dash, FreightWaves’ FreightTech Venture Summit looks at the intersection of venture capital and freight. Plus, COVID-19 is accelerating logistics investments and California is using technology to catch emissions cheaters.

Major companies in the transportation and logistics world have taken interest in Canada’s massive undertaking to distribute millions of COVID-19 vaccine doses.

The airfreight market is gaining strength as trade and e-commerce grow, but the disappearance of most international air travel is hurting airlines. And the situation appears to be worsening with new waves of COVID in Europe and the U.S.

The CEO and co-founder of cross-border digital freight marketplace Forager discusses the sometimes-tricky process of courting investors.

Sunnyvale, California-based Trimble Inc. is a provider of technology solutions for trucking companies, freight brokerages and third-party logistics providers.

Heartland Express raises driver pay 6% across the board and as high as 12% for some.

With passenger planes all but out of commission earlier this year – and still lagging considerably in the fourth quarter – shippers had significantly fewer options for moving their products across the world.

Sageview Capital’s Andrew Korn discusses growth capital investing strategy and what sets his firm apart from others during the FreightWaves FreightTech Venture Summit. Gaining support from investors can be one […]

The need for industry knowledge and strong connections has become key to competing in the crowded logistics venture capital arena.

Research on dangerous goods transportation is still ongoing, the agency said. The announcement follows an audit published last month that suggested that Transport Canada failed to fully implement several safety recommendations.

The freight business is both complicated and asset-heavy. To be successful, tech startups need to know the freight business, its pain points and its limitations.

Grant Langston, ex-CEO of online dating site eHarmony, finds his skill set melds with on-demand warehousing.

Mehta and Sweat are keeping a step ahead of the evolving supply chain startup market.

FreightWaves CEO and founder Craig Fuller hosted a Fuller Speed Ahead episode with Truckstop.com CEO Paris Cole and Phil Yates, founding partner at Bregal Sagemount.

Longtime MODE Transportation President and CEO Jim Damman is appointed chairman of the company.

Work Truck Solutions founder Kathryn Schifferle shared her journey navigating the venture capital world during the FreightTech Venture Summit.

Ryder is using its fleet and supply chain as a laboratory for new technologies from startup companies it supports.

FDA approval is only the first step in the process.

Exports drive Canada grain volumes higher.

FreightTech Venture Summit: Figuring out whether to go VC or “bootstrap” in an industry that is “serious” but with some tough issues to overcome

Shipwell CEO Greg Price explains during FreightTech Venture Summit the importance of winning over venture capitalists at the onset of presenting your idea.

Data drives the development of those opportunities, according to Sapphire Ventures Managing Director Kevin Diestel in the fireside chat “VC Perspective: How FreightTech is Different” during the FreightWaves FreightTech Virtual Summit.

“It’s well documented how big this market is and how ripe for disruption this market is,” says Rose Rocket CSO Justin Bailie.

Start small and simple, VC experts say.

Mark Scudder discusses acquisitions, IPOs and more with FreightWaves CEO Craig Fuller during the FreightTech Venture Summit

TRUX, the leader in dump truck logistics technology, is the latest member of the Blockchain in Transport Alliance (BiTA). Read why.

Ike founder Alden Woodrow talks about the company’s unconventional approach to securing funding and bringing its product to market.

Steve Case helped build AOL. Now, as CEO of Revolution LLC, he works to help other entrepreneurs fund and grow their businesses.

But margins made on those diesel sales were down from 2Q and last year

FreightWaves today announced FreightWaves for Startups, a new initiative aimed at helping startup companies grow into successful organizations.

Carriers still have time to secure loads in strong reefers markets in the path of a potential snowstorm.

In today’s edition of The Daily Dash, YRC announces changes, tapping of loan agreement, plus Landstar’s CFO suddenly stepped down and FreightWaves gets ready to kick off the two-day LIVE @HOME virtual event.

Certain types of business models are more attractive to venture capitalists.

Big win for ballot measure but it has no provisions that impact trucking

A look back at the days after the 2016 presidential election and the strange case of “The Donald Trump Shipping Stock Boom.”

Preliminary Class 8 truck orders in North America reached a two-year high in October with more than 40,000 reservations.

Data mining and telematics are changing the way air quality regulators are enforcing trucking emissions regulations in California.

The U.S. military relies on its own cargo aircraft and commercial operators to move personnel and equipment around the world. Rockets could do that in a tenth the time.

A panel of economic experts weighs in on the future of the Surface Transportation Board and the rail industry itself.

“Being able to look a few hours ahead to track radar was very helpful,” said one trucker about a popular weather app.

A survey of supply chain executives shows transportation capacity declines at a slower pace in October. The logistics industry continues to experience “rapid” growth.

Real Estate Roundup is a weekly rundown of developments in the world of industrial real estate used for logistics and transportation. This week: Industrial real estate performance forecast; trucking provides […]

China still holds the title of the world’s manufacturing floor, but business challenges are leading more companies to source production in other countries.

U.S.-listed carrier reveals the latest on trans-Pacific holiday rush, restocking, e-commerce spike and port congestion.

CBP agents seized $60 million worth of meth in two separate incidents involving tractor-trailers at the border in Laredo, Texas.

Logistics provider ArcBest is experiencing some of the strongest tonnage trends in the company’s history. The year-over-year comparisons turned positive in August and have continued to climb.

Truckload carrier successful after receiving no action on first application filed in 2016.

Disruption, technology and keynote addresses from Shelley Simpson and John Roberts III of J.B. Hunt and Thomas Healy of Hyliion will highlight FreightWaves LIVE @HOME.

A half-dozen basic tips on what drayage truck drivers must consider when picking up a container chassis from a pool.

Expeditors sees drop in air, ocean moves but net income climbs

Overall, there will be lower rail volume levels continuing into the first quarter of 2021.

Cargojet’s record airfreight volume helped adjusted earnings double in the third quarter.

“Regional carriers often step in to fill those critical gaps,” said Elizabeth Elkins.

Landstar System announced that its CFO was stepping down immediately. President and CEO Jim Gattoni will act as the company’s CFO on an interim basis until a replacement is found.

River flooding possible this week in Northwest freight markets along the I-5 corridor.

Logistics provider ArcBest beats third-quarter expectations by 50%. Improved demand and cost management drive the result.

In today’s edition of The Daily Dash, the Transportation Intermediaries Association says a broker transparency rule would address a marketplace that no longer exists. Plus, federal regulators could be looking to the industry to help develop autonomous truck rules, and shippers are demanding more power-only options.

Logistics professionals said to expect U.S.-Mexico border capacity to be tight the rest of the year and into 2021.

YRC Worldwide announced several changes in its third-quarter report. The biggest was that the carrier has already accessed CARES Act relief money to replenish its fleet.

E-commerce and faster shipping times are in high demand. Air cargo results in carbon dioxide, sulfur and particulate matter emissions. Here are five ways aviation is expected to counteract the negative environmental impacts in 2021.

Focus will be to strengthen Coupa’s clients supply chain spend, Llamasoft executive says.

YRC Worldwide announced that it has accessed the first $75 million of the second tranche of the CARES Act loan it received in July. These funds are to be allocated for upgrades to the fleet.

Defunct Rhode Island trucking company was being investigated in connection with accident that killed one of its drivers

Daimler Truck and Volvo Group expect to hit the ground running in their fuel cell joint venture. Volvo is buying Daimler’s expertise and helping offset the development cost of the zero-emissions technology while the rivals will compete in producing hydrogen-powered trucks.

Pfizer and Moderna have developed vaccines that need to be deep frozen. Most freight distribution companies and medical facilities don’t have super-cold freezers, so governments and industry are mobilizing resources until less sensitive vaccines come along that they are equipped to handle.

Inside the grocery supply chain with Robinson Fresh. Plus, truckers against child abuse, final mile, and more

Positive COVID recovery signal: LNG shipping is behaving normally again, with a typical seasonal spike.

SeaFort Capital-backed Canadian trucking company Jardine Transport Group expands footprint with the acquisition of cross-border carrier Quality Transportation Services.

2020 wins include harbor-deepening funding and Blount Island berth enhancements.

AOL co-founder and current Revolution CEO Steve Case and Ryder’s Karen Jones to headline star-studded virtual event focused on FreightTech.

Project will inform regulators on ADS safety rules.

Truckers are a critical link in the U.S. supply chain. Today, during the current coronavirus pandemic, this critical link takes on even greater significance and we need to all do our part to help keep them safe.

“Life-threatening storm surge” and “catastrophic winds” coming to parts of Central America as Hurricane Eta rapidly intensifies.

In its comments to FMCSA, 3PL trade association says provisions that allow disclosure of data from brokers to carriers were for different era and seeks end to rule

Initially, ITG’s impulse was to build its own IT infrastructure and software tools.

The bond credit ratings firm updates its outlook for the freight rail industry from negative to stable amid rising rail volumes.

Platform Science’s Remote Platform Management products are now available on Samsung’s ruggedized Galaxy Tab Active devices, giving trucking fleets mobile device options with full functionality.

The U.S. Department of Transportation hopes the changes will help more short line and regional railroads modernize and upgrade their infrastructure.

Knight-Swift, Arrive Logistics, and Uber Freight have three different approaches to drop-freight solutions.