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Lufthansa Airlines is transforming itself into a smaller airline, while its Cargo division settles on a single company to manage its central warehouse.
The recovery in freight pricing led to a five-year high in certain used truck auction volumes in June as crowds of identical used sleeper trucks pushed some prices lower.
“Optics” are bad but freight pricing doesn’t appear to meet regulatory bar for intervention.
Reviewing the voluminous data about recipients a day after its release
Werner’s final-mile service uses a proprietary software platform that allows for fully automated, high-volume delivery of heavy goods, according to the truckload carrier.
Global courier DHL Express parks its first mobile store at a mall in Silver Spring, Maryland, banking on offering convenience to area parcel shippers.
Why insurance costs are rising, PPP loan tracking, and worker safety during a pandemic
Infrastructure provisions passed the U.S. House of Representatives, but they may have trouble finding support in Republican-controlled Senate.
Outrider focuses on autonomous zero-emissions yard operations for logistics hubs.
Group of nine container carriers has banded together for digital standardization.
Proeza Ventures, Industrious Ventures and Purple Arch Ventures have been added to Forager’s Series A round of financing, which initially closed in March and is now oversubscribed at $10.5 million.
Optimal Dynamics seeks to automatically optimize trucking flight operations. Brian Aoaeh profiles the company and interviewed its founder and CEO.
American Airlines is downsizing. That means the new cargo president and her team are taking on expanded roles.
dexFreight will add truck parking reservations from TruckPark to its platform and partner with the parking reservation provider on a driver-focused podcast.
About 25% of the total railcar fleet is in storage of one kind or another. Jim Blaze writes about best practices of rail storage.
Crisis creates opportunity, and for those moving goods, COVID-19 has identified weaknesses, making now the right time to invest in technology that drive down costs and increase efficiency.
Truckers will likely run into areas of severe winds, huge hail and possibly tornadoes across the Plains Tuesday.
Out-of-control insurance premiums are driving trucking operations out of business, but leading insurance experts say something can be done about them.
Air Transport International will operate a big cargo plane for an express carrier in the Pacific region on a route in and out of Hong Kong.
KeepTruckin’s new features provide better visibility into driving behavior and they enable fleet managers to remotely click images on the cab cameras.
Neptune Orient Lines will be renamed CMA CGM Asia Pacific Ltd.
A sortable spreadsheet that cuts right to the key areas the trucking sector wants to know
The Australian government threw a logistics lifeline to exporters having trouble securing air transport to international markets. Hundreds of companies have grabbed on during a tight market. Now, more relief is on the way.
Carriers must continue random drug testing at 50% rate.
South Korean automaker Hyundai Motor shipped the first 10 of its mass-produced Xcient fuel cell heavy-duty trucks to Switzerland, where travel in mountainous regions is expected to prove the mettle of hydrogen power.
Challenge to shipping M&A: No one wants to sell in a downturn.
A tip led investigators to the 90 bricks of cocaine weighing nearly 226 pounds.
The Trucking Freight Futures markets continue to reflect strength in the underlying freight market, particularly in the Los Angeles and Atlanta markets, with the spot National contract rising $0.048, or 3.2%, to $1.534/mile.
Werner sought hours-of-service exemption to help company upgrade its in-cab telematics.
Freight volumes, which traditionally rise heading into the July 4 holiday, climbed more than expected last week, rising 45% year-over-year, according to the latest FreightWaves SONAR data.
The Federal Railroad Administration and Volpe are in the middle of conducting a survey on how railroaders gather and share information about occupational safety.
It’s a triple threat match among three electric trucking titans, plus this week in freight and news.
Canada-based BRP’s third plant in Ciudad Juarez aims to meet demand for the company’s off-road recreational vehicles.
New trends and technological improvements have simplified tolling in this new decade. So what are those improvements and how can you implement them into your processes? FreightWaves has partnered with Bestpass to bring you a complimentary white paper examining ways tolling has transformed over the past years.
30+ big trucking borrowers identified
CN lays out 2020 capex plans for Nova Scotia, railroad supply group’s head to depart, and Norfolk Southern makes changes to its demurrage and accessorial charges tariffs.
More than 3,200 companies in the two main government classifications that comprise long-distance trucking received Paycheck Protection Program (PPP) loans in excess of $150,000, according to data released this morning […]
Danish shipping giant A.P. Moller -Maersk has reached an agreement to acquire Sweden-based customs brokerage to offer increased import clearance services to European shippers.
Deal comes at the backdrop of food delivery company GrubHub’s $7.3 billion acquisition last month by Just Eat Takeaway.
The changes in leadership come as the railroad continues to deploy precision scheduled railroading.
EKA Solutions has expanded its offerings with a new predictive visibility product that taps into ELDs and driver apps for a more accurate look at arrival times.
MARAD Administrator Mark Buzby and Alaska Sen. Dan Sullivan receive Maritime Leadership Award.
Consolidated Chassis Management chief executive foresees an increased requirement for chassis to accommodate rising tide of intermodal container moves as the North American economy shakes off COVID-19.
Central to Edwards v. Cardinal Trucking, Inc. was whether the trucking company had power of control over a co-defendant.
Funding for the extension will be the money that didn’t get sent out so far
The latest infrastructure bill phases out DB-60 air brake control valves manufactured before January 2006 over concerns about their effectiveness in cold weather.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico among toughest countries for foreign investors; Houston CBP seizes animal bones, homemade soap; customs broker expands in Laredo; and GM, union disagree on Texas plant closure.
The air freight market appears saner in recent weeks, with less competition among shippers for transport services. But the shape of the recovery is anyone’s guess and a possible demand spike for face masks and surgical gowns could create a hyper-market again.
A.M. Best: 10 years worth of losses; litigation financing helping to drive the problem
Capacity is almost as tight as it was during the panic buying inspired March. Could it get tighter?
OEMs, logistics companies tout varied technology solutions on the way to a zero-emissions future.
Parent company Coca-Cola shutting the line by the end of August
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. As we transition into July, several economic […]
Feds claim murder suspect Hirmoge fled to Utah, enrolled in C.R. England’s truck driving school, after fatal shooting in Georgia.
Soaring volumes and tender rejections continue.
Preliminary orders for Class 8 trucks in June rebounded to a four-month high, following a rapid improvement in freight rates.
Truck drivers traveling in Texas will have to don face masks in public as part of Gov. Greg Abbott’s new COVID-19 mandate, issued on July 2.
TIA supporting bill it says will close truck safety loophole.
The former worker is entitled to over $3.1 million in compensatory and punitive damages, lost wages, and front pay.
Shacman Trucks plans to have five to six distributors in Mexico this year, as well as an assembly plant for Class 6-8 trucks by 2022.
Deutsche Bank geofencing data shows the less-than-truckload recovery off of an April bottom spills into June.
This week’s DHL Supply Chain Pricing Power Index: 55 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 50 (Balanced) Three-month DHL Supply Chain Pricing Power Index Outlook: 60 (Carriers) […]
Excerpt: In response to the COVID-19 pandemic, transport and logistics giant DHL is enhancing its time-definite less-than-containerload sea freight delivery service.
Deluxe Express filed for bankruptcy protection, citing skyrocketing insurance rates, fatal crash.
High-flying Nikola Corp. (NASDAQ: NKLA) came back to earth Thursday as early investors in the electric truck startup sold discounted shares at a handsome profit. With lockup provisions lifted, investors […]
A Bermuda-based airline sees a business opportunity with the COVID pandemic and is jumping into the cargo market.
The agreement will help small and midsize businesses in Mexico reach more than 220 countries and territories around the world, as well as customers in the United States within one business day.
Total cargo volume is down 7.8% this year because of reduced import demand.
Travel plaza leader Pilot Co. rounds up spare change to help vets while easing coin shortage caused by coronavirus pandemic.
AAL Shipping, an operator of “mega-size” project cargo ships, expects rebound for smaller U.S. import and export project cargoes in 2021, if COVID-19 pandemic subsides later this year.
A new PitchBook report documents a surge of investment in the warehouse robotics space.
Airlines are sweating the coronavirus pandemic despite the recent upturn in travel. El Al says it might fail and Aeromexico went the bankruptcy route.
While hurricanes produce an abundance of freight-hauling opportunities, truckers should understand it’s best to hunker down before hitting the load boards.
Cargo flights from Vietnam to the U.S. were rare until COVID and the need for speed for supplies to quell the outbreak. It’s a long trip, but it can make economic sense now to make that flight without a stopover.
Warehousing jobs soar, rail jobs sliced again
Rail traffic continued to build through June. U.S. intermodal traffic was only off 5% year-over-year in week 26.
On this week’s Drilling Deep podcast, David Roush of KSM Transport Advisors, who has a wealth of experience in the sector, tackles several issues on the minds of truckers everywhere. […]
HTA CEO Weston LaBar says West Coast container ports have suffered a 19.4% loss in market share since 2006.
Integrations lower the barrier to entry to Transplace technology.
Global trade fallout from the crew-repatriation crisis has begun — and looks poised to snowball.
Also: warehouse jobs soared by 60k
Carrier recognizes ‘the importance of digitalization across the shipping industry.’
Rough weather could put a damper on holiday weekend truckers trying to make headway on next week’s pick-ups and deliveries.
Separately, the truck stop operator also extended extra pay and benefits for its workers
YRC’s $700 million loan from the Treasury Department raises concerns from industry experts about the survival of the company and whether the deal is worth it.
Truck driver charged with attempting to smuggle $20 million of marijuana from Canada to the U.S. told investigators he didn’t know about the drugs in his trailer, court document shows.
The Universal Postal Union’s (UPU) new regulations will see an increase in international inbound package rates across the U.S.
The family-owned company, which filed for Chapter 11 bankruptcy protection, has been in business since 1994 and has 23 employees.
$1.5 trillion infrastructure bill passes U.S. House along party lines; includes truck insurance hike.
After cutting the price by more than a third from a new stock offering of $75 million, TravelCenters of America shares fell below the revised asking price Wednesday.
Tesla’s six-month stock price runup helped the company eclipse Toyota as the world’s most valuable transportation company. Reported orders for 650,000 CyberTruck pickups match 2018 and 2019 deliveries of all Tesla electric-powered models.
Work stoppage will impact operations at two port terminals.
Shipboard COVID cases will make it even harder to roll back travel restrictions that block crew changes.
Delta Air Lines was closed for most cargo business at Chicago O’Hare airport. Now it has a schedule for reopening.
Governments, container carriers and port authorities agree it’s about time communications among them were improved.
For Canada, United States-Mexico-Canada Agreement (USMCA) makes trading with the United States a bit more complicated. And it may create some headaches for the trucking industry.
Pilot Freight Services, which operated under a national franchise network for decades, now owns 90% of its offices and monitors for future acquisitions.
It’s a bargain hunter’s market for used trucks, especially sleeper cabs, as prices come off the floor but demand for one-owner equipment remained slack in May.
In the Carrier Update presented by PowerFleet, Zach Strickland explains how the holiday will affect tender lead times, and in the Broker Update, Luke Falasca notices that Atlanta is leading […]
$3.8 billion in U.S. trucking revenue at stake in U.S.-Mexico cross-border freight.
