News

Periods of snow and freezing rain will slow down truckers this week from Montana to the Great Lakes.

Werner, STG Logistics and ZIM add board members; Port of Oakland, Avetta and Raymond James make appointments.

Anxious shippers look to regionals after being kicked to the curb by the big boys.

Bottomley Enterprises, a family-owned carrier, recently opened a new trucking terminal, adding around 100 jobs in Mount Airy, North Carolina.

Cocaine, fentanyl, heroin and methamphetamine have been seized from trucks crossing the border in Texas and California.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Volkswagen Taos starts production in Mexico; Lalamove launches delivery services in Dallas; Dachser Mexico expands in Querétaro; and OmniTRAX grows in South Texas.

Some Top 20 cargo airports still can’t get above water in terms of freight volume because there aren’t enough passenger planes flying.

Carriers are investing in new trailers over tractors during the most recent freight boom. What does this mean for capacity in the future?

The Mediterranean Sea has become a hotbed of conflict as Turkey and Greece clash over oil, and that is putting BCOs in a difficult spot.

The CARES Act oversight commission is still waiting on a response from the Defense Department regarding its “national security” designation of YRC Worldwide, which allowed the carrier to obtain a pandemic relief loan.

Real Estate Roundup is a weekly rundown of developments in the world of industrial real estate used for logistics and transportation. This week: Prologis, Brookfield and Greek Development aggressively pursue […]

Minnesota-based Stan Koch & Sons Trucking has agreed to pay $165,000 to settle a EEOC lawsuit stemming from allegations the carrier retaliated against a former truck driver.

In today’s edition of The Daily Dash, a potential TRATON-Navistar tie-up moves closer to a conclusion, plus carriers still hold an upper hand in rate negotiations and early earnings results are not what people expected.

Markets consolidate as peak season nears.

“Several months into this pandemic, we are now seeing positive signs by these cargo volume totals.”

Rumors started swirling on Friday that LTL carrier Central Freight Lines was shutting down its western division, which company President Michael Brennan told FreightWaves are “100% untrue.”

Sequel to “The Shipping Man” asks whether ESG will kill the old-school style of traditional shipowners.

The Cass Freight Index booked 7% sequential gains in shipments and expenditures during September.

Anne Reinke is coming directly from DOT but has a long record in the DC office of CSX

$8 million worth of marijuana and over 2,000 bongs are discovered at the U.S-Canada border during two recent inspections of tractor-trailers.

Also on this week’s edition: diesel did something last week it hasn’t done in at least 30 years.

Executives are confident about an economic recovery but uncertainty persists over how much volumes will grow in the fourth quarter and into 2021.

Morning Brew co-founder/CEO Alex Lieberman on turning a newsletter into an empire.

Shares of J.B. Hunt Transport Services move 9% lower after the company fails to meet recently raised analyst expectations. Intermodal service headwinds and elevated costs were the culprits.

Air Canada is losing its CEO, Calin Rovinescu. He will retire early next year with a reputation for bold leadership.

Based on driver experiences, traffic data and harsh weather, these are U.S. roads that truckers should avoid whenever possible.

AIT Worldwide Logistics’ Bob McGhee shares his thoughts on the best practices for military equipment shipping.

Zach Strickland takes a look at the attention the large markets are getting in the Carrier Update presented by PowerFleet. Andrew Cox and Anthony Smith discuss stagnate indices and carriers […]

Rasmussen heading up safety group after retiring from PrePass.

Canadian Pacific Railway will pay $312 million for full ownership of a 1.6-mile tunnel linking U.S.-Canada via Detroit and Windsor

“This service further connects northeast Florida exporters, including the area’s robust forest products sector, to an important and growing segment of the global economy.”

Fr8Hub shareholders intend to invest $12 million as part of the transaction.

Bottom line on operating and net income largely unchanged; revenues up but costs were too

Navistar tells TRATON it can buy the company for $44.50 a share, or about $3.7 billion, slightly more than TRATON’s final offer and almost $10 more a share than its $2.9 billion bid in January.

Genuflecting toward Wall Street has symbolically become part of the North American Class 1 rail company culture.

Landstar System announces the opening of a new driver center for its independent owner-operators in Carnesville, Georgia. The 8,000-square-foot facility provides classrooms, a business center, laundry, showers and break rooms.

Volvo Group Q3 sales and earnings trailed last year. But a recovery in heavy-duty truck orders and market share gains in North America improved a bleak picture.

Carriers lose marginal ground this week as tender volumes, tender rejections and spot rates slip. Carriers remain in an advantageous position heading into the holiday season.

Lower operating expenses drove the increase in third-quarter net income.

FreightWaves CEO Craig Fuller appeared on the A Media Operator podcast. Read highlights of the podcast here.

“The other thing that could create some travel issues will be the possibility of a flash freeze,” the National Weather Service says.

J.B. Hunt Transport Services misses 3Q estimates by 9 cents per share. Revenue and operating income climb 5% but a variety of cost inflation and a tough truck brokerage market weigh on the quarter.

$1.65 billion borrowed is more than rental car company had been seeking

In today’s edition of The Daily Dash, FMCSA denies an HOS exemption for drivers with animals, YRC is boosting pay for some new drivers, OOIDA criticizes cost estimates for broker transparency and the conviction of the former Pilot Flying J president is overturned.

How do you prepare for the Super Bowl if you don’t know who your opponent is? That’s how airlines and freight managers feel about preparations for transporting a COVID-19 vaccine when one is approved because manufacturers aren’t freely sharing shipping details.

While COVID-19 helped increase e-commerce sales volumes, retailers struggle to manage lengthening holiday season lead times.

The Western States Hydrogen Alliance will focus on maximizing rollout of hydrogen fuel cell electric technology across multiple commercial sectors in 13 Western states.

Income per share beat consensus but total and truckload revenue disappoints; stock falls in after-market trading

Cargo mix and larger locks kept Panama Canal volumes rising despite headwinds.

“Port partners are taking proactive steps to add more resources and service hours to support this untraditional peak cargo volume season.”

Hybrid drivetrain maker Hyliion takes a preorder of up to 250 Hypertruck ERX systems from American Natural Gas, securing discounted fuel for Hyliion customers as well as new fueling stations near customer locations with no up-front costs.

Port of Virginia gets $20.2 million for container yard expansion.

U.S. intermodal traffic on a weekly basis rose 8.4% year-over-year. Carload volume still lags although the year-over-year gap is narrowing.

Total revenue at the company, the first carrier to report third-quarter earnings, was up more than 20%

YRC subsidiary can’t produce evidence of any female drivers at Olive Branch facility since at least 2005

Is Prime Day helping to fuel a capacity crunch on land and by sea?

Agility Robotics, a maker of legged, walking robots, announced Thursday the close of a $20 million investment to meet demand from logistics providers and e-commerce retailers. DCVC and Playground Global […]

New England Country Foods has accused Empacadora Frape, its Mexican supplier, of failing to deliver on a contract for packaged beef chili destined for Texas prison commissaries.

Final rule streamlines launch and reentry requirements for burgeoning commercial space industry

German container carrier now expects 2020 EBITDA of between $2.8 billion and $3.04 billion.

The numbers will be small but the competition fierce as major truck makers debut their first fully electric Class 8 trucks in 2021. Kenworth will be in the zero-emission mix with its T680E built on a Meritor electric drive system.

Intermodal containers arrived this week at North Dakota’s first and only intermodal facility in Minot.

Zach Strickland covers the mid-month lull in rejection rates in the Carrier Update presented by PowerFleet. Meanwhile, Michael Vincent takes a look at market dynamics in the Great Lakes in […]

Teamsters and YRC Worldwide agree to implement $7,500 hiring bonuses to new drivers. YRC will select the regions for the new bonus pay but the local unions have the autonomy to decline them.

The USMCA Corridor would connect rail from the Pacific Ocean in Mexico through the United States all the way to Canada.

Most comments on the SBTC request were in favor of easing ELD and work-day restrictions.

Owner-operator association argues brokers already should have been complying with transparency rules and costs to a 48-hour turnaround should be the only ones FMCSA consider

Collaboration with Navistar allows Zonar customers to see OnCommand Connection vehicle data within its platform.

Fashion industry incumbents that have failed to adopt technology to strengthen their business models are at significant risk, particularly as the pandemic accelerates a number of trends.

Ransomware attacks have risen during the pandemic. Reliance Partners’ Jamie Cannon details how to protect your company immediately after an attack.

Having the right technology and technology partner increases business intelligence that can help shippers navigate uncertain times.

We discuss Ted Weschler, Berkshire money manager and his move to purchase $45mm of Dillard’s stock. Then, we break down some of the most notable upcoming futuristic SPACs.

Truckers will hit slick, snowy roads in Montana this weekend, impacting interstate travel.

The BNSF Logistics team rallies around a shared purpose: “We deliver what matters.”

With two more major carriers actively sharing information, data on nearly half of the world’s ocean container cargo is now available on a single blockchain-based data platform

In today’s edition of The Daily Dash, September saw an increase in truck driver drug test failures; TRATON makes a final offer for Navistar; and Waymo pulls back the curtain on its autonomous technology.

The groups say more federal oversight is needed for the transport of liquefied natural gas by rail.

“Regardless of who wins the upcoming elections, our country is in desperate need of a cohesive export plan as well as an infrastructure program and a digitization strategy for ports across the country,” says Executive Director Gene Seroka.

Rail reform law faces backlash from pro-regulation forces; tragic mistake to reverse course, former DOT secretary says.

United Airlines lost more than $2 billion in the third quarter, but the cargo division did its part to stabilize finances.

Torch’s technology creates an experience tailored to the needs of shipments under 550 miles.

A coalition of Southern California government organizations has released an in-depth report examining some of the deleterious impacts associated with last-mile freight transportation. A primary purpose of the study is […]

Complicated transaction puts the valuation of the SaaS company at about $2.57 billion

A federal appellate court overturned the convictions of former Pilot Flying J President Mark Hazelwood and two members of his sales team on Wednesday in a fuel rebate scandal that rocked the truck stop dynasty.

A rail shippers coalition continues efforts to ask the Surface Transportation Board to consider collecting first-mile and last-mile data.

U.S. Transportation Command has teamed with Elon Musk’s SpaceX to develop “rapid transportation through space.”

GoRail sent a letter on the 40th anniversary of the Staggers Act telling the Surface Transportation Board not to make wholesale changes to rail regulation. The letter had over 1,000 signatures from local, state and federal officials and executives.

TRATON Group is giving Navistar until noon Friday to accept its $43-a-share offer for the 83% of the truck maker it does not already own, or the German holding company owned by Volkswagen says it will walk away.

Autonomous vehicle company Waymo provided a glimpse of its autonomous truck technology in a blog post this week, as the Alphabet-backed startup best known for self-driving passenger vehicles steps up […]

UPS is one of nine companies that have leased lots of freighters from Air Transport Services Group this year. Find out who else is leasing these popular aircraft.

Uber Freight and XPO Freight Logistics LTL are among several new carriers that have joined the FourKites Premier Carrier List, recognizing excellent customer service.

FlockFreight pools together LTL freight and ships it via shared truckloads in full truckload containers instead.

COVID’s disruptions have created an acute awareness of the need for innovation.

New product will combine Drivewyze communications systems with other data to provide warnings on a longer list of troubles up ahead

FEMA is trying to plan ahead for supply chain bottlenecks related to pandemic response and says it needs private sector help. New antitrust immunity on information-sharing should help.

Austin-based FloorFound manages the return process of furniture, appliances and other oversize items.

One developer touts its weather app because its “storm-based alerts help reduce false alarms by alerting you to severe weather based on your exact location.”

In today’s edition of The Daily Dash, brokers and truckers have plenty to say about FMCSA’s broker transparency proposal, plus earnings season kicks off and Cummins’ New Power president took a nontraditional path to the job.

A “blue sweep” win for Democrats could be good for container ships, bad for tankers.

Logistics giant NFI is adding 5,000 new jobs before the end of 2020, further evidence of the demand on trucking to meet pandemic-induced and holiday freight needs.