News

ArcBest’s second quarter result, a $0.67 per share profit, was much better than analysts’ forecasts for a break-even performance. The company will restore salary and benefit cuts.

In today’s edition of The Daily Dash, opposition to the federal excise tax ramps up efforts to suspend the tax, CSCMP honors Matthew Waller and drivers sound off on their employers.

The stalled truck engine business will recover as it always does. But Cummins isn’t waiting around as it charges into making hydrogen and fuel cells for trains, ships and trucks.

Trucking company cites benefits from new digital technology as key reason; gain in one key OR from the first quarter is 500 basis points

Rail equipment manufacturer Wabtect expects sequential rail volume gains to support the company’s global sales in the third and fourth quarters.

Most small-company truckers are equipped with ELDs despite exemptions.

Variant’s automated planning and dispatching have already pushed revenue higher and costs lower.

Digital platform is designed to provide shippers end-to-end transparency.

NAST margins narrowed, but volumes held up relatively well.

Airline industry officials are more pessimistic about a recovery after seeing a decline in consumer confidence and coronavirus surges in some countries. Cargo has more near-term upside, but June volumes were disappointing for carriers.

Supply chain strategy set “to seamlessly and efficiently import materials and export tires to global markets.”

Canadian Union of Public Employees says port labor toils for 19 days before receiving a two-day break.

No price was disclosed on the purchase of Ansonia by one of the credit industry’s leading firms.

Brian Aoaeh continues his commentary series on artificial intelligence and how it is changing supply chains.

Will the August freight market be as robust as July?

Convoy has introduced a new rate quote benchmarking tool for shippers that allows them to see how competitive the rate being offered is.

Fitness for duty policies should ensure that they do not impermissibly screen out certain disabilities or conditions, and that the tests or selection criteria are job related and are consistent with business necessity.

Darren Prokop’s commentary concerns whether price gouging is taking place on container shipping between Asian ports and the U.S.

Boeing has received orders from DHL Express to convert four 767-300s to all-cargo configuration and from AFG for two 737-800 converted freighters.

Management from USA Truck provides upbeat commentary regarding the potential for significantly improved earnings as truckload fundamentals remain firm.

Large group of House Democrats support getting rid of the tax through 2021, but no public backers yet in the Republican Senate

Can anyone top Amazon when it comes to FreightTech innovation? Nominations for the annual FreightTech awards are now open.

Three days after Hurricane Hanna hit southern Texas, the region remains flooded and roads closed.

Engine maker Cummins soundly beat estimates for earnings and sales in the second quarter because its plants in China worked overtime as the country rebounded from the coronavirus pandemic.

As Amazon tightens the rule for users of its fulfillment service, competitors are seeing an opportunity

Possible record-breaking heat coming to one of the nation’s highest-volume reefer markets.

In today’s edition of The Daily Dash, Roadrunner continues its revamp with the spinoff of its Ascent Global Logistics business. Plus, Hurricane Hanna leaves its mark on Texas, and e-commerce robots arrive.

It’s not an accident that United Airlines’ cargo business in the second quarter dwarfed that of Delta Air Lines and American Airlines.

Ohio Freightliner salesman John Lalonde was sentenced in federal court Monday. Investigators say he was able to undercut competitors by approximately $20,000 per customized expeditor truck by failing to pay the 12% federal excise tax.

Earnings per share exceed analyst forecasts

Early units of new Mack MD Series medium-duty trucks are coming together in a former comic book publishing factory near Roanoke, Virginia.

“Cargo volume reductions related to COVID-19 were offset by the strength of our export markets and record volumes earlier in the year,” says GPA Executive Director Griff Lynch.

Waymo’s safety team highlights the importance of human factor in building and deploying self-driving vehicles on public roads.

USA Truck’s second-quarter result comes in slightly ahead of expectations, but the carrier extends its losses to four consecutive quarters.

Former Union Pacific and CSX executive Cindy Sanborn will replace retiring COO Mike Wheeler.

The Trucking Freight Futures markets continued to plow higher across the board last week, reflecting the overall strength in the freight economy, as the spot National contract set another all-time weekly record by climbing $0.072, or 4.6%, to $1.652 per mile.

Robintrack.net data reveals what retail traders are buying and when. The question is: Why?

Orient Overseas Container Line briefly outlines performance for the second quarter and first six months of 2020.

Matthew Waller launched the supply chain department at the Sam Walton College of Business and has been instrumental in helping some of the nation’s largest corporations improve their supply chains. Now he is being honored for those accomplishments and more.

“This outperformance once again demonstrates that we are in the right locations, and a focus on origin and destination cargo will continue to deliver the right balance between growth and resilience,” Sultan Ahmed Bin Sulayem says.

Companies going in different directions on COVID safety, Christmas in July for truckers, outlook for air freight, more

Truck drivers still gripe about long detention times, equipment and adapting to new technology. But they speak positively about communication from their companies during the COVID-19 pandemic.

Hurricane Hanna’s aftermath has temporarily halted freight movement on several routes in and out of Texas’ Rio Grande Valley.

Pilot Co. is joining a growing list of major truck stop chains, including Love’s Travel Stops and TravelCenters of America, that will start requiring all customers to wear face coverings this week to help curb the spread of COVID-19.

Roadrunner Transportation Systems to spin off global logistics segment, emerging debt-free in the process.

The nominations of a Republican and Democrat to the Surface Transportation Board are pending before the U.S. Senate Commerce Committee.

Intel RealSense, Righthand Robotics automate the warehouse sorting process

Raja Narayanan joins industry disrupter “at this pivotal time where the world is adapting to the new normal.”

Truckers may run into rough winds and torrential rainfall this week in key freight markets.

No one knows how long freight will continue to break new records; only time will tell.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Truck capacity tight near Mexican border; drugs found in shipments of ketchup and onions; DHL opens new foreign trade zone in El Paso; and Commerce opens inquiry aimed at Mexican wire mesh.

Airfreight looks like a haven for some ocean shippers that can’t find reliable, affordable transportation, but it probably won’t be that way for long because more businesses will need to move goods by air in the coming months and there aren’t enough planes.

Chart of the Week: Total Rail Carloads, Chemical Rail Carloads, Motor Vehicle Rail Carloads – USA  SONAR: RTOTC.USA, RTOCH.USA, RTOMV.USA The latest rail carload data is showing that the industrial side of […]

First Atlantic hurricane of the 2020 season could cause substantial flooding to south Texas and northeastern Mexico this weekend, delaying freight traffic at ports and land border crossings.

Contrasting with recent cases involving New Prime and Amazon, state’s highest court says transportation workers can be forced to go the arbitration route

A consensus is emerging that a unique feature of the COVID-19 pandemic on freight markets is that it has created tremendous imbalances on carriers’ lanes

Freightliner Custom Chassis inspected for brake light malfunctions in 2018 are now being recalled after Daimler Trucks North America found the problem in vehicles it looked at but did repair in the first recall.

Company launches an online training platform called MyTruckerLife to help provide relationship resources for professional truck drivers and their families.

While the storm is expected to weaken as it passes over the islands, Young Brothers pulls its interisland barges into calmer waters for the weekend.

Anthony and Zach discuss the Knight-Swift earnings and what they mean for the freight economy. Anthony gives an economic update and Zach talks about the continued unexpected strength of freight volumes in the U.S.

In today’s edition of The Daily Dash, drug test refusals could serve as the trigger to accept hair testing; introducing a solar-powered reefer trailer; and carriers have negotiating power.

Backdrop for carriers remains bright.

More layoffs in Texas aerospace and freight services companies as coronavirus case numbers climb

Amazon Scout, the e-giant’s electric autonomous delivery robots, will now be delivering packages to neighborhoods in Atlanta as well as Franklin, Tennessee.

TQL headquarters remains open despite multiple employees testing positive for COVID-19 in the past three weeks.

U.S. border officers seized more than $6 million worth of marijuana after inspecting a Canadian truck at the Peace Bridge in Buffalo, New York.

Following Love’s Travel Centers’ edict requiring face coverings at its truck stops, NATSO and the American Trucking Associations followed suit.

Wrecked car carrier, with some 4,200 vehicles on board, has been on its side in St. Simons Sound since September.

Dry bulk was riding high just a few weeks ago. Now it’s taking a tumble.

Carriers urged to verify security safeguards from suppliers before installing devices.

Parts of Texas could get drenched with 4 to 8 inches of rain from a tropical storm expected to make landfall on Saturday.

Trinity took a $369 million impairment charge because leasing small cube covered hoppers exposed the railcar lessor to the frac sand market.

FreightWaves raises $37M in funding, Shark Tank winner talks pitching your way onto the show, freight coaching and more

Wabash National says using the sun to power batteries on a refrigerated trailer could save 50% over the cost of diesel power with none of the emissions.

Deal brings PS just over 40 new power units

This weekend, Douglas could become only the third hurricane on record to make landfall in Hawaii. Supply chain delays likely.

Enterprises sometimes adopt several different SaaS products, only to end up with processes without cross-functionalities due to lack of integration.

Express carriers UPS and DHL helped push Brussels Airport into the black for June’s cargo volume. Most airports during the pandemic haven’t been able to make up for the loss of passenger flights on which so much cargo typically flows.

The western U.S. railroad looks to take more market share away from trucks.

Chairman Michael Khouri explains how the U.S. Federal Maritime Commission keeps track of COVID-19-induced ocean container carrier sailing schedule changes for anticompetitive behavior.

The analytics function of this software can ultimately save fleets money, but it will be a team effort.

Carriers continue their power grab this week adding 10 points and hitting another new series high. Volumes remain in the stratosphere, and carriers are rejecting contracted freight at levels unseen since the summer of 2018.

Freight flow delays likely this weekend as Tropical Storm Hanna lands in eastern Texas. Gusty winds, flash flooding likely.

In today’s edition of The Daily Dash, fleets looking for excess insurance coverage are paying top dollar; Landstar projects a strong Q3; and Waymo will test autonomous vehicles in the last mile.

FreightWaves raised $37 million in two rounds of funding. Learn more about FreightWaves and Kayne Partners, which led one of the rounds.

Nearly 45,000 drivers predicted to be shut out in 2020 due to drugs and alcohol.

Lineage Logistics announces expansion into Canada as it agrees to acquire Ontario Refrigerated Services, the latest addition to growing global footprint.

Company raises guidance for the rest of the year.

Market share grew at Daimler Trucks North America and PACCAR even as Q2 sales sank under the weight of the COVID-19 pandemic.

Amazon cargo planes will make daily deliveries to and from the company’s newest airport in Lakeland, Florida.

P.A.M. Transportation points to automotive manufacturing closures as reason for second-quarter loss.

On today’s Midday Market Update, Michael Vincent and Kevin Hill talk about the SONAR-powered data, issues and news that move you.

Weekly volumes for U.S. intermodal units were only 1.7% lower than the same period in 2019.

Delivering on promise will mean fewer headaches and delays, container shipping line says.

Fully driverless vehicles will take at least a decade to deploy over large areas, and adoption will occur at different rates across the country, according to an MIT brief.

Two recently released indices show that June continued the trucking market’s climb from its low levels of April.

Using a third-party administrator is touted as a way to ward off big verdicts against trucking firms.

American Airlines’ cargo revenue for the first half of the year was $277 million, or 37% lower than the first half of 2019.

“Nuclear verdicts are destroying the excess market. Until someone puts a leash on these lawsuits, I don’t see prices going down that’s for sure,” said Reliance Partner’s Joe Schreiner.

Landstar’s earnings call outlines the company’s better-than-expected guidance.