Red Sea crisis nears boiling point, unable to heat up spot rates
If China and Russia find the Houthi problem in the Red Sea as intractable as the U.S. and its allies have, it would all but halt what little maritime traffic remains in the region.
Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
If China and Russia find the Houthi problem in the Red Sea as intractable as the U.S. and its allies have, it would all but halt what little maritime traffic remains in the region.
Efficiency isn’t optional – it’s the cornerstone of success. In the fast-paced world of freight, efficiency isn’t just a buzzword – it’s a lifeline. Technology is revolutionizing our industry, ushering […]
OGRE’s successful conversion of Brokerage and Transportation Sales to its technology and services platform increases logistics accuracy, speed and customer satisfaction.
A nuclear verdict in a fatal accident on Interstate 70 in Missouri has been upheld by an appellate court.
This week in Borderlands: Investment surges in Mexico as companies shift supply chains, plan new factories; Michigan 3PL acquires Mexican freight brokerage, signs lease for Arizona warehouse; American Woodmark opens $45M plant in Monterrey, Mexico; and Zipline Logistics acquires supply chain provider Summit Eleven.
Heavy truck orders are not an indicator of for-hire truckload market health and haven’t been since the pandemic ended.
Pride Group has filed for bankruptcy protection after a lender filed a $100 million breach-of-promise lawsuit.
A jury found Jesus Puebla, 27, of Denver, guilty of five counts of vehicular homicide after the straight truck he was driving crashed into an SUV carrying a Wyoming family.
Over the past five quarters, Blue Yonder has spent over $1 billion in supply chain acquisitions, including Doddle and Flexis AG.
The Francis Scott Key Bridge collapse in Baltimore wasn’t the first time a bridge crumbled after being struck by a ship or boat.
Here is the weekly rundown of FreightTech news you may have missed
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Marc Gorlin; Gregory Hayes; Trey Griggs; Dan Lindsey; Troy Cook
Despite being less stringent than proposed, the trucking industry says meeting EPA’s new truck emission rule is not achievable.
Ports in New Orleans and Corpus Christi, Texas, recorded year-over-year increases in cargo volumes in February.
Natural gas may be having a moment as an alternative fuel for trucking, but there are a few nagging questions.
FedEx and UPS have recently announced job reductions as part of ongoing efforts to streamline operations and boost profits.
Deli meat producer Freirich Foods claims “temperature abuse” of tons of corned beef at a third-party cold storage facility is the reason it was forced to file for bankruptcy protection.
An unusually warm and dry winter might herald drought conditions in key areas of the Mississippi River Basin over the coming months.
An earlier ruling that a group of drivers in Amazon’s Flex program in Wisconsin are employees rather than independent contractors has effectively been upheld.
The MV Dali container ship that caused the collapse of the Francis Scott Key Bridge in Baltimore was involved in a collision in 2016.
Divers recovered the bodies of two men who died when the Francis Scott Key Bridge collapsed early Tuesday morning after a cargo ship crashed into it.
Atlas Air is now providing two Boeing 777 freighters for the exclusive use of China-based YunExpress.
Regulations aimed at easing detention time burdens on truckers may need to take into account the Biden administration’s emissions policies, according to insurers.
An administrative assistant at a Texas trucking company who ran a fraudulent pay scheme faces more than five years in prison.
FreightTech investment firm Venture 53 says Heale “shares our vision for the future of the supply chain ecosystem.”
The Port of Baltimore’s indefinite closure could cost the state of Maryland as much as $1 billion in total value of goods and services, analysts say.
A Delaware bankruptcy court overseeing Yellow’s liquidation said Wednesday it will hear the case regarding nearly $8 billion in pension withdrawal liability claims against the estate.
A holistic visibility tool goes beyond simply providing data, instead creating a pathway for companies to identify and mitigate risks proactively.
Despite their lack of performance documentation, B-1 drivers bring a unique value proposition to the table.
UPS told investors it is leaning into automation and robotics to increase parcel capacity, which in turn will allow the company to operate fewer physical facilities.
Technological advancements, regulatory developments, environmental considerations and more require trucking businesses to continually adapt to an ever-evolving operational landscape.
WattEV uses a combination of state incentive funding, volume purchasing plans, and productivity improvement measures to make electric freight transport as affordable as possible.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Jett McCandless; Mark Schedler; Molly Mangan; Theresa DeSantis
Maersk teamed up with FreightWaves to better understand how shippers are navigating the current air cargo environment. The duo surveyed representatives of a wide range of companies about their experience over the past year, as well as their expectations about the future.
“The whole bridge just fell down!” an officer said on an emergency call as authorities raced to close the Francis Scott Key Bridge just before it was struck by a container ship.
Hauling autos into Baltimore is a big business that is going to scale back dramatically in coming weeks and months.
Cindy Ellers, chief customer officer at Bestpass, joins FreightWaves to talk about challenges fleets and owner-operators face in 2024. She also highlights recent partnerships and acquisitions by Bestpass.
The FedEx pilots union has a new chairman who is more aligned with the majority of the Master Executive Council, which wants to press FedEx harder on a new contract.
Yellow’s breach-of-contract suit against the Teamsters union has been dismissed by a federal court in Kansas.
The collapse of Baltimore’s Francis Scott Key Bridge could significantly disrupt supply chains as shippers and carriers scramble to relocate shipping services to other East Coast ports.
President Joe Biden said he’s not waiting on foreign ship companies before getting the Port of Baltimore up and running.
Moody’s held its investment-grade debt rating of RXO, but its outlook was shifted to negative.
Around 1:30 a.m. Tuesday, the Dali, a Singapore-flagged ship, smashed into the bridge.
Uber Freight’s drop-and-hook capacity solution, Powerloop, has seen explosive growth, with more than 10,000 carriers servicing more than 220,000 loads to date.
Early Tuesday, a container ship collision with the Francis Scott Key Bridge in Baltimore caused a major collapse, leading to a halt in port operations and creating severe traffic disruptions.
Chinese trade flow into Mexico is helping to build up the latter’s manufacturing capabilities, which is a long-term positive for the U.S.
The benchmark diesel price used for most fuel surcharges rose by the smallest amount in months.
My Freighter, a fledgling carrier based in Uzbekistan, began leasing a third widebody freighter from Ohio-based Air Transport Services Group.
Agents in Cincinnati found fake NFL, NCAA and MLB championship rings that had been sent from Hong Kong to Kansas.
The Port of Virginia recently completed a project to widen its ship channel for ultralarge container vessel traffic.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by William Hall; Grace Sharkey; Bryn Heimbeck
First-quarter earnings estimates for truckload carriers have been reeled in again as the industry awaits a meaningful turn in the cycle.
Millions of people are expected to travel for the April 8 total solar eclipse, causing major traffic jams that could impact truck drivers’ routes.
A California-based trucking company, which shuttered operations in November after its operating authority was involuntarily revoked, recently filed for bankruptcy liquidation.
Norfolk Southern’s annual meeting will be May 9, when the push to oust current management comes to a head.
FedEx Express has parked more freighters, reduced aircraft capex and is integrating its daytime freighter network with the Freight segment’s less-than-truckload operation to provide linehaul connecting the U.S. and Europe to boost efficiency.
Port Houston reported strong imports after a soft January as general cargo tonnage represented nearly 40% of total import tonnage in the month.
This week in Borderlands: Echo Global Logistics grows cross-border footprint as trade booms; Maersk launches cross-border warehouse in Tijuana; Yokohama announces $380M tire plant in Mexico; and Legendz Way to open distribution center in North Texas.
Whether it is nearshoring, tariff bypasses or something else entirely, the Southern border is becoming increasingly important for domestic transportation.
Delta Air Lines has named Peter Penseel, currently at Ceva Logistics, to head Delta Cargo.
Colorado State University researchers say ELDs are vulnerable to “truck-to-truck worms,” self-replicating malware that spreads across a network.
Tyler Kivi, COO of Kivi Bros Trucking, joined Jeremy Reymer on this week’s episode of Taking the Hire Road.
In today’s FreightTech Friday roundup, we explore Transportation One’s new tech, a Truckstop survey on carrier sentiment and a recent round of funding.
Now on demand on WHAT THE TRUCK?!? Dooner and guest co-host Hunter Shearer are joined by the best of the event
Onshore well services provider Enservco Corp. has entered an agreement to acquire Buckshot Trucking.
While the logistics industry as a whole needs data standardization for greater efficiency, it faces specific challenges when compared to other industries.
Foremost Group CEO Angela Chao was intoxicated when she reversed into a pond and drowned at her Texas ranch on Feb. 11, according to authorities.
Bosch has a cloud-based plan for load matching; Nikola’s high-pressure product and problems;, and Cummins’ creative stock buyback via spinoff
FreightWaves’ State of Freight webinar for March highlighted signals that the commercial transportation market is moving in a positive direction.
FedEx said strong cost controls drove its fiscal third-quarter results; its shares soared in late trading.
Legislation approved by the House gives the Federal Maritime Commission more power to investigate potential container market manipulation by China.
The energy sources that will power trucks that carry freight in the future was the focus of a discussion at CERAWeek. (Photo: Jim Allen/FreightWaves).
In the ongoing battle between FreightTech giants project44 and FourKites, the Illinois Supreme Court has sided with project44, agreeing that allegedly defamatory emails were sent to a third party.
Transfix has launched tools aimed at protecting shippers, carriers and brokers from fraud.
In the ongoing battle between FreightTech giants project44 and FourKites, the Illinois Supreme Court has sided with project44, agreeing that allegedly defamatory emails were sent to a third party.
Satish Jindel, president of ShipMatrix, shares his thoughts on the ways parcel carriers should modernize their networks.
The end of 2023 saw a surge in cargo thefts with thieves targeting food and beverage freight, along with electronics and household goods.
A DePaul University report says Amazon’s air logistics unit is increasing efficiency by adopting a hub-and-spoke operating system for its cargo jets and airport locations.
Uber Freight’s Powerloop offering has served more than 220,000 loads using over 10,000 carriers. Powerloop saw a 43% increase in power-only load volume in 2023.
DAT Freight & Analytics says “external forces” caused service disruptions over the past 10 days on the load board’s platform.
Pandemic-related port congestion spurred the Department of Transportation’s creation of the Freight Logistics Optimization Works data-sharing platform.
Oil analysts at CERAWeek see a market that isn’t what they predicted a year ago but is relatively stable, all things considered.
Commercial vehicle auction volume in February held steady, but prices fell, according to J.D. Power Valuation Services. Yellow’s liquidation is expected to affect March prices significantly.
The air cargo logistics sector is enjoying good volume growth so far this year, but it remains to be seen if the new momentum can be sustained.
Will shippers pull forward freight to avoid East Coast port labor disputes?
The Biden administration is getting a clearer picture of freight flow changes with new data from inland intermodal hubs.
Legislation heading to Georgia Gov. Brian Kemp to bar most truck-crash lawsuits against insurance companies would reduce premiums and lead more insurers to write policies, supporters say.
The precise rules granting tax breaks to hydrogen to fuel trucks are still to be announced, and that has some people at CERAWeek concerned.
ATA, truck dealers and others are warning the public of consequences if the Biden administration’s proposed greenhouse gas rule moves forward.
ArcBest announced a partnership with Nvidia in which it is swapping out 3D lidar sensors for an AI-based technology.
Longer routes and bottlenecks are expected to have a larger ripple effect on the supply chain as a whole as volumes continue to tick up and disruptions show no sign of abating.
Texas-based vertical farm Eden Green Technology will grow, package and ship herbs from one of its two greenhouses in Cleburne.
Bulk hauler Trimac announced the acquisition of North Carolina-based Feldspar Trucking, which hauls materials used for glass and ceramics production.
Historically, companies have had two shipping options: less-than-truckload or truckload. Both tend to require some level of sacrifice from the shipper.
In 2023, the Port of New Orleans achieved a record-breaking year for its container-on-barge service, emphasizing its commitment to reducing emissions.
The benchmark diesel price used for most fuel surcharges rose 2.4 cents, though diesel futures are climbing rapidly.