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U.K.-based Arkonik Ltd., which restores and improves vintage Land Rover Defenders, has a new facility near the Port of Charleston.
Acquisition for TFI is fourth in the last two months
In today’s edition of The Daily Dash, prosecutors are recommending jail for former Uber executive Anthony Levandowski, and how much did Amazon spend on logistics in the second quarter?
No ship-to-shore operations until further notice.
Carriers appear to be gaining momentum.
Freightliner’s test fleet of 30 electric trucks has circled the world an equivalent of a dozen times as they make drayage runs and a variety of deliveries in Southern California. Daimler Trucks North America plans regular production of electric trucks in 2022.
United Airlines is slowly ratcheting up its passenger schedule each month as travel increases, but it’s a tricky game to figure out how much supply to add in an uncertain world.
OOIDA warns suspending federal excise tax would hit Highway Trust Fund.
Robots are filling warehouses across the globe, today we look into automation, plus all of your latest freight news.
While revenue for Universal Logistics Holdings’ truckload, brokerage and intermodal segments all declined during the second quarter, the CEO said he was pleased with the “anticipated direction of our current operations.”
Gov. Ron DeSantis: “I want Floridians to know, the state of Florida is fully prepared for this.”
Numbers for the division were far worse than those of peers like Old Dominion and Saia; Deutsche Bank recommends breakup of the company
DCLI chief commercial officer warns shippers and truckers who seek a national chassis pool: Be careful what you wish for.
Forward Air lays out plans to expand its less-than-truckload footprint. More terminals are expected to open this year.
Carrier momentum continues.
In conference call, CFO Satterfield discusses some flaws with other measures of LTL profitability
Phased reopenings around the world haven’t squelched demand for chartered services.
As U.S. weekly carloads have trended lower for months, rail industry stakeholders discuss how to relieve the railcar supply glut.
Company one of 12 airline contractors under loan scrutiny.
Federal prosecutors have recommended a 27-month prison sentence for Anthony Levandowski, the former head of Uber’s self-driving division, as well as three years of supervised release.
Coast Guard setting restrictions at South Florida ports. Tropical storm conditions are likely this weekend.
FHWA has awarded a contract for a platooning study, Schneider could be looking at an acquisition and UPS has an earnings surprise.
The FAA recently gave Pemco Conversions approval to convert 737 passenger jets into freighters, with the added flexibility of carrying pallets and passengers in the main cabin area at the same time.
A small trucking company and a logistics firm filed for Chapter 7 bankruptcy protection in late July.
Amazon cautions that the company is running out of fulfillment and delivery capacity.
Hub Group’s second-quarter earnings beat was accompanied by the expectation for intermodal volume to increase in the high-single-digit range for the rest of the year.
The important barometer is down about 10 percentage points on decline in XPO LTL revenue that outstripped cutbacks in expenses.
On a per-share basis, the Warren, Michigan-based company said it had net income of 23 cents per share, on total operating revenues of $258 million.
Amazon reported strong second-quarter revenue and profits as it benefited from the rapid acceleration in e-commerce demand due to efforts to control the spread of the novel coronavirus.
A critique of state and federal AV safety standards and an Uber mea culpa shaped a panel discussion on lessons learned from the high-profile Uber crash that took place in 2018 in Tempe, Arizona.
Jacksonville, Florida, port this week also welcomed the largest LNG-powered ro-ro vessel on its maiden voyage to the United States.
Michael Vincent and Zach Strickland look ahead to August with a freight market preview.
Improving demand and truckload fundamentals are expected to drive third-quarter growth. The carrier’s growing cash balance garners some attention.
Whenever there’s a transaction in the supply chain, there’s an invoice. And a lot of those invoices get processed by US Bank, which has long had a large amount of […]
WEX Inc., a provider of fuel cards and account management services, reported sales fell 21% year over year to $347.1 million.
The railroad aims to take market share away from trucks through expanded offerings in the Southwestern and Southeastern U.S.
Project considered critical to developing federal safety standards and guidelines.
In the Carrier Update presented by PowerFleet, Zach Strickland notes that capacity is tightening along the coasts, and in the Shipper Update, Anthony Smith looks at GDP and the latest […]
“Teamwork and training” led to the successful rescue, according to a Coast Guard official.
“Cost containment” minimizes the impact of a 15% revenue decline during Schneider National’s second quarter. Guidance was reinstated higher than current consensus expectations.
LTL carrier’s earnings per share beat Wall Street estimates even as revenue was mostly flat with consensus.
DHL located a new life sciences warehouse in Indianapolis because the city has many pharmaceutical companies in the area.
Dana followed other Tier 1 suppliers in reporting a big cash burn to offset second-quarter plant idlings. But the maker of driveline and electrification systems exited with solid reserves.
Brazilian startup aims to provide tools for freight forwarders to create and maintain partnerships.
The funding will be for capital and maintenance projects in eight states.
UPS pilots are seeking protections from aggressive health safety measures in Hong Kong but aren’t going as far as their counterparts at FedEx.
Coast Guard setting restrictions at south Florida ports ahead of possible tropical storm landfall.
In today’s edition of The Daily Dash, second-quarter earnings are coming fast and furious, and if you are looking to them for definitive answers on the economy, you might be disappointed. Plus, how hackable are ELDs and why is diesel engine maker Cummins so interested in hydrogen?
UPS’ quarterly results are much better than analysts anticipated.
A truck driver was awarded nearly $8 million in California after his leg was partially amputated following a forklift mishap.
Werner Enterprises’ second-quarter result was much better than expected, with the carrier providing a favorable rate outlook.
Kentucky lumber processor filed for bankruptcy, leaving several flatbed carriers in the lurch for thousands in unpaid freight bills.
A warning last week from federal law enforcement on the cybersecurity risks associated with electronic logging devices (ELDs) has raised awareness in the trucking industry on the potential costs of getting hacked.
Law outlines penalties of up to $20,000 per day for noncompliance.
Accelerated depreciation of the value of its inventory has been a key financial undertaking this year, and is a topic of discussion on the company’s earnings call with analysts.
Werner Enterprises reports second-quarter earnings well ahead of analysts’ forecasts and largely in line with the year-ago quarter.
The export plant employs 2,000 workers and makes electronic parts used in vehicles manufactured by Chrysler, General Motors, Ford and others.
Rickenbacker Airport, a low-hassle alternative to some big airports, set cargo records in June handling COVID supplies.
New data reveals just how far ship orders have sunk. The fewer ships ordered, the higher future rates could climb.
“It is paramount that we see progress with crew changeovers,” says The Mission to Seafarers.
GlobalTranz is now offering a Final Mile solution for shippers looking to manage delivery of product to end customers.
Want to build your brand on social media and capitalize on sales? Morning Brew’s Toby Howell shares key’s to success.
Trump opposed CARES Act loan in May unless agency raised rates it charged Amazon
Layoffs and salary cuts helped commercial vehicle driveline supplier Meritor ease the impact of the coronavirus pandemic. But sales, profits and cash took a big hit in fiscal Q3.
Incident happened Wednesday morning in Tempe, Arizona.
Cost initiatives and spot market freight ease the impacts of a choppy pandemic-impacted freight market. ArcBest’s improving trends lead to reinstated wages and benefits.
Saia Inc. has a market capitalization of $3.33 billion and has 169 trucking terminals in 44 states.
Net income was hit by an earlier writedown of its used vehicle values; company doesn’t see that market getting back to pre-pandemic levels until 2022
FedEx pilots say they face risks to their safety, well-being and mental health in Hong Kong, where they must submit to aggressive quarantine procedures.
Trailer builder Wabash National kept the business impact of COVID-19 to a minimum in the second quarter. It even paid back money it borrowed and maintained its dividend.
FourKites has officially released its Dynamic Yard product, a combination of yard management tools acquired earlier this year with its own visibility platform, to provide shipment visibility from yard to end customer.
Autonomous vehicle (AV) companies are emerging from a tumultuous period defined by layoffs, delayed timelines and consolidations, but the industry remains hamstrung by lack of physical and digital infrastructure, a […]
Boeing commercial aircraft deliveries fell by more than half over the past six months, compared to the same period last year.
Second-quarter rail volumes fall by 26%.
U.S. Coast Guard starting to shut down commercial traffic at Caribbean ports due to a tropical system.
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
