News

Flatbed carrier Daseke Inc. cruises past third-quarter forecasts. Operations are likely to improve again in 2021 but high-margin third-quarter project freight could create some tough comparisons.

A politician’s perceived influence over transportation policy may factor into who gets financial support.

Record-tying 28th named storm of the 2020 Atlantic hurricane season could become a reality this weekend.

DispatchTrack optimizes routes and delivery schedules for its clients, which enhances their customer delivery experience.

Ocean Network Express is cautious in its full-year forecast as “future cargo demand is very uncertain” while the COVID-19 pandemic wages on.

Alibaba is challenging Amazon on many fronts, including logistics. It’s now handling import/export operations in South Korea.

The inquiry follows an OIG report highlighting slow progress on safety improvements.

Universal Logistics credits its turnaround to the resurgence of the North American automotive industry, particularly in the light-truck and SUV markets.

USA Truck’s third-quarter performance was something management had been foreshadowing for the last few quarters. They were adamant that earnings would improve if the market would cooperate.

CFO Col: ‘We’re not upset when we have to use it’

Daimler Trucks continues to build out autonomous expertise with a partnership and investment in LiDAR maker Luminar

“The EU stands ready to help,” said the President of the European Parliament about the deadly earthquake in Turkey and Greece.

Spot market transactions are notoriously inefficient and expensive. Digital freight matching can make transactions more straightforward for shippers and carriers alike.

Several key metrics in LTL operations show downturn from last year

Solutions for facility operations, predictive ETA and sustainability require an additional layer of advanced technology and clean data derived from digital freight networks.

Freight volumes and capacity remain historically strong for carriers even though OTVI and OTRI have fallen steadily throughout October.

Flatbed carrier Daseke Inc. posted a third-quarter result that highlighted the company’s restructuring efforts and easily surpassed analysts’ expectations.

Envase Technologies platform will expand its presence in Canada with the acquisition of TMS provider Tailwind Transportation Software.

Wind gusts up to 80 mph will challenge drivers in the High Plains over the next two days.

Onfleet​, a San Francisco-based provider of delivery management software, announced on Friday it has raised $14 million in Series A.

In today’s edition of The Daily Dash, shippers want to know how a broker transparency rule would impact them. Plus, Schneider and Werner are among those reporting earnings and carriers weigh in on the election.

In 2016, then-candidate Donald Trump made a lot of promises to trucking and the freight industries. As he looks for four more years, how many has he fulfilled?

UPS pilots say the company isn’t holding up its end of the bargain to keep them safe while flying cargo during a pandemic. UPS denies the claims.

Olsavsky says transport spending is in a multiyear ramp-up as the company posts solid third-quarter results.

Appeals court sets Nov. 30 deadline for prosecutors to file petition for rehearing in Pilot Flying J case. Photo: Wesley Tingey/Unsplash

Hub Group sees a strong demand environment continuing as most of its customers are operating with lean inventories. The company expects tight freight fundamentals to create a favorable rate environment in 2021.

Air Transport Services Group’s freighter leases offset financial losses from its grounded passenger planes.

Universal Logistics reported revenue of $365 million during the third-quarter, a 2.8% decrease compared to the same period last year.

USA Truck was able to use a favorable demand backdrop and very tight truck capacity to break a string of four consecutive quarterly losses.

Sales of used vehicles set a record, up by two-thirds from a year ago and 40% sequentially

The e-commerce retail and logistics giant’s bottom line is healthier than ever.

Reliance Partners’ John Seidl touts the importance of understanding queries and advises drivers to steer clear of marijuana, regardless of what California or Colorado permits.

‘Significant accomplishments’ in 2020 will be followed by game changers next year.

The international market for freight rail services and equipment is pulling ahead of the North American market, but that should catch up eventually, Wabtec said during its third-quarter earnings call.

The strength in truckload fundamentals didn’t really show in Schneider National’s third-quarter report. Lower revenue per truck, intermodal rail congestion and brokerage malaise overshadowed the announcement of a $2 special dividend.

Trucks moved $33 billion worth of freight between the U.S. and Mexico in August, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.

Everyone has been impacted by the current political, economic and health climate in the U.S. For the health science industry, these challenges are amplified.

U.S. rail volumes on a weekly basis were 2% higher last week amid a 9% increase in intermodal traffic.

Chassis manufacturer anticipates chassis shortage as COVID-19 subsides as well as desire among pool operators to replace aging units.

Wex said global uncertainty around COVID-19 affected its fuel card payment processing and corporate travel segments during the third quarter.

Shippers that trust their technology also trust their technology provider. That’s why XPO’s Connect platform resonates with shippers.

The future for the Shopify Fulfillment Network could involve highly automated warehouses with robots in different parts of the world, says CEO Tobi Lutke.

Zeta, which weakened to a tropical storm after making landfall Wednesday, could cause some service issues.

Coast Guard utilized helicopter, response boat and local agencies in the effort to find longshoreman Joe Williams.

A FreightWaves survey of top election issues as viewed by motor carriers found the economy top of mind ahead of Tuesday’s election. Taxes and regulations tied for second.

Operating income up 21.7% while revenue up just 2.7%; performance far better than Wall Street forecasts

Schneider National announces a $2 special dividend answering the mounting questions around the carrier’s future cash deployment. After the $355 million payment, the company still has ample cash to pursue other initiatives.

Drivers have a tough enough job without the weather interfering. These are some states where the weather can be the most dangerous.

Procurement teams would have to change strategies from being reactive to proactive to handle black swan events or global trade standoffs.

Kirby tops earnings expectations on lower costs despite COVID and hurricane hits to demand.

Autonomous trucking company Plus has filed its safety self-assessment report as concerns persist about the usefulness of the voluntary reports in determining the safety of a given self-driving system.

Truck drivers weigh in on Trump’s transportation policy prior to Election Day.

Several major roads and bridges are closed after Hurricane Zeta slammed the Gulf Coast Wednesday.

Danish third-party logistics services provider’s bottom-line benefits from easing COVID-19 during summer months.

The Defense Department, the biggest logistics organization in the world, is putting its expertise to work developing a strategic plan for efficiently delivering a COVID vaccine to every corner of the country.

In today’s edition of The Daily Dash, shippers urge FMCSA to allow pausing of a driver’s 14-hour clock; the driver shortage is still the top industry concern; and UPS outperforms in Q3.

Canadian e-commerce company Shopify grows profits and revenue in third quarter as COVID-19 accelerates move from mortar to online shopping.

Its sale from a bankrupt firm complete, Rand rolls out new product, has been generating cash for more than a decade

Privately owned short line operator Patriot Rail is planning to acquire the 26-mile short line as it eyes business opportunities in Utah.

Prologis Inc. announces the completion of the largest-ever portfolio sale of logistics warehouses in the U.K.

Werner Enterprises sees the current tightness in the truck market continuing into 2021 as inventory restocking will take multiple quarters to accomplish and drivers are in short supply.

The railroad will be idling rail yards around Atlanta and will cease humping operations at its Macon, Georgia, yard.

Would a requirement to automatically disclose information to carriers run afoul of confidentiality clauses?

Anthony and Zach discuss the increasing concerns over the driver shortage and how presidential elections influence the economy.

In third-quarter 2020 financial and operational results released after trading ended on Wednesday afternoon, Chicago-based third-party logistics provider Echo Global Logistics (NASDAQ: ECHO) reported record gross revenues, which grew by […]

TuSimple has secured property for a new logistics hub in an innovation zone located near the Fort Worth Alliance Airport.

Werner Enterprises’ third-quarter result comes in ahead of analysts’ forecasts.

Kalitta Air’s order of 777 passenger-to-freighter converted aircraft is an industry first.

The U.S. Department of Transportation is awarding $291 million to 11 intercity rail projects. Some of the projects will benefit freight rail.

The trans-Pacific market is bursting at the seams as shippers rush in holiday cargoes.

The road to success is paved with digital tools and technological adoption.

COVID vaccines will be the highest priority for air cargo companies, and that means other types of shipments could sit in warehouses waiting to catch a flight if space is short.

For the fourth consecutive year, a shortage of drivers topped the Critical Issues in the Trucking Industry survey conducted by the American Transportation Research Institute.

“Efficient and safe delivery of COVID-19 vaccines around the world is the most urgent logistics challenge we face today.”

Rail stakeholders debate the legacy of precision scheduled railroading and the common carrier obligation.

NTSB raises safety implications of potentially increasing workday to 19 hours.

Higher U.S. operating costs take center stage in discussion of company’s outlook.

Orbcomm Inc. reported a loss of $5.5M in its third quarter and a net loss of $0.07 per share. The company had revenue of $61.7M for the quarter.

Dana Inc. sales rose 85% above second quarter as most markets rebounded from COVID pandemic. The company also invested in a maker of electric vehicle software.

A half-dozen basic physical characteristics of ocean containers should be considered before shippers or their packers stuff them.

With less than a week to go before Election Day, analysts and CEOs weighed in on what the future may hold for trade with Mexico.

In quarterly earnings report, company reports decline in revenue but big jump in net income

Uncertainty will be the challenge to overcome as 2020 comes to a close. DDC’s Donna Kintop suggests carriers pay close attention to rising freight volumes, the ongoing pandemic and political tensions both domestic and abroad.

Data Gumbo uses blockchain to automate transactions between buyers and sellers using a combination of data held by those parties and other third parties as verification.

A new report from Prologis shows potential for a “critical shortage” of logistics real estate by early 2021.

The freight industry is inching closer to electrification and autonomy, and much of the action is taking place in the distribution yard. Among the beneficiaries is Outrider, a startup that […]

The Eastern U.S. railroad reported an adjusted net income of $643 million in the third quarter of 2020, compared with $657 million a year ago.

Coast Guard severely restricting vessel movement at several Gulf Coast ports as Hurricane Zeta closes in.

Election 2020: It’s hard for long-haul truck drivers to predict where they will be from week to week, but most say they plan to be at the polls on Election Day, Nov. 3.

In today’s edition of The Daily Dash, Daimler and Waymo team up on autonomous trucks; ATA and TCA lay out their priorities for the next administration; and Old Dominion Freight Lines sets a record.

Revenue climbs to more than $21 billion, a near 16% gain.

Truck drivers and farmers banded together to ensure a trucker’s terminally ill son has the best fifth birthday possible.

The Airbus A321 is a ubiquitous people-hauler, but now Australia Post has the first freighter version of this popular aircraft.

A driver shortage worsened by the coronavirus pandemic and failed drug tests topped the American Transportation Research Institute’s list of critical issues in the trucking industry for the fourth consecutive year.

Logistics giant Ryder System has launched a venture fund targeting startups in supply chain and transportation tech.

Hivemapper, a crowdsourced mapping network, will expand its collection model to include capturing data via cars and trucks.

Revenue and earnings beat estimates; improved OR might not stick but there are broader goals at the company

Managing for yield, Robinson shuns truckload volume growth to take a double-digit price increase.

What happens next at the IMO will affect oceangoing ship capacity — and freight rates — for decades to come.

Airlines have cut costs to the bone to survive the COVID pandemic. Shrinking the bone — maintenance, airport fees, labor and aircraft rent — is more difficult.