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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.
Glass half empty – cargo business and finances are bad for the airlines. Glass half full – they’re not as bad as they were two months ago.
With upcoming changes to hours-of-service rules, drivers and fleets could see improved productivity, safer operation and fewer violations.
YRC gives the Treasury Department a 30% equity stake in exchange for a $700 million lifeline.
The revisions encourage technology integration and encourage preventative measures, say some stakeholders.
Extension of paycheck protection needs House OK, Trump signature
Etailers and online marketplaces are facing higher postal rates to import packages to the U.S. Find out what businesses can do.
The United States-Mexico-Canada Agreement (USMCA) trade pact goes into effect Wednesday during one of the worst economic crises since the Great Depression.
Torrential rainfall and gusty winds could occasionally slow down freight flows in numerous states.
TuSimple has launched an Autonomous Freight Network with UPS, Penske, U.S. Xpress and McLane Co.
YRC Worldwide announces that it plans to receive a $700 million loan under the CARES Act.
Industry hot topics were the focus of a recent discussion with FMCSA’s Jim Mullen and TCA’s David Heller, and some of the perspectives may surprise industry insiders.
Provision to raise insurance to $2 million included in legislation expected to be passed this week.
FedEx Corp. had significant positives in its fourth-quarter earnings report released Tuesday, including much-better-than-expected earnings before interest and taxes.
German express carrier considers aircraft fuel, cleanliness and flight path for July 1 “perfect flight.”
A few years ago, seeing a Tesla drive past you on your commute was a rarity. Today, you may pass a few and think nothing of it. But this is […]
Ocean, final mile, and today’s latest news.
When different systems are being used to perform each task, syncing up those systems ranges from time-consuming to impossible.
Safety groups, Teamsters seek delay in hours-of-service rule until FMCSA reviews concerns.
The funding is part of CN’s capex budget for 2020.
FedEx Corp. posted a $334 million net loss for Q4 on Tuesday, but shares spiked on strong non-GAAP results.
A language barrier of sorts may be blocking shipping lines and ports from adopting common technology platforms.
In the Carrier Update presented by PowerFleet, Zach Strickland notices a significant increase in both tender volumes and rejection rates, and in the Shipper Update, Andrew Cox notes that consumers […]
Workhorse gets another shot in the arm with the announcement of a $70 million loan. Shares continue their hot streak, up more than 30% on the news.
O’Hare Airport in Chicago is facing cargo congestion and now Delta Air Lines is not accepting any more cargo at its facility until further notice.
Mark-It Express Logistics is expanding again, acquiring 20-truck carrier Sava Transportation, as it looks to build a national name for itself in the intermodal business.
Robots make work easier at Amazon fulfillment centers. Now, the robots are coming to Australia.
FreightWaves has created a complimentary white paper, sponsored by AIT Worldwide Logistics, to review the current state of final mile and how to prepare for what is to come.
Incidents involved Pennsylvania State Police
TFI International grows U.S. specialty businesses with CT Transportation in second acquisition from bankrupt Comcar industries.
U.S. Department of Labor indicates there will be more such actions in several states
California Air Resources Board is preparing a rule that would require fleets in California to purchase the electric trucks manufacturers are now required to sell.
Port Laredo saw 33% fewer truck crossings in May, while the the Del Rio-Acuña port of entry fell 41%; the Brownsville port of entry declined 36%.
E-commerce and coronavirus fallout are buoying container services from Asia to the West Coast.
Blinding rainfall and gusty winds could slow down freight flows at times Tuesday across the Plains.
Friend of a driver leased to Cardinal Transport lost a leg, and a legal battle ensued
U.S. border officers find nearly 9,500 pounds of marijuana during a truck inspection at the Canada-U.S. border, the largest in five years.
Panelists from leading trucking carriers say a quick economic recovery could create concerns about having adequate labor to meet demand.
Search underway for gunmen after prospective employee is slain in Jacksonville.
Uncertainty over 2016 air emissions rule for tractor trailers still a factor for future model years.
It was a strong week across the board for the Trucking Freight Futures markets with the spot National contract rising $0.046, or 3.1%, to $1.526 per mile on surging freight volumes.
TV news reports at least one person critically injured at facility in Jacksonville, Florida.
What trucking executives have to say about economic recovery in the freight market, Nikola’s Badger vs Tesla’s CyberTruck, TQL, more
Six months of Jon Pertchik’s high-energy leadership of TravelCenters of America took a hit Monday when a $75 million offering of new company stock met with a selloff that drove shares almost 24% lower than the asking price.
FreightWaves has been honored with 9 Azbee Awards of Excellence, including four Gold Awards.
The railway is working on infrastructure improvements amid lower market demand because of the coronavirus.
In the Carrier Update presented by PowerFleet, Luke Falasca notices that tender rejections are leading in the Southeast, and in the Rail and Intermodal Update, Mike Baudendistel notes that ocean […]
Cash-rich Amazon continues to find ways to spread the money around, this time with a $500 million payment to its workers and partners.
The quoting process is fractured as some customers are served faster than others; Teknowlogi looks to get all parties up to speed.
Laredo, Texas-based Super Transport International is hauling everything from oilfield equipment and wind turbine blades to industrial biotrickling filters from Mexico to Canada.
CIO Claas Matthies is tasked by SAL Heavy Lift with implementing a digital strategy to streamline and improve the financial outcome for one of the most complex forms of ocean transport – project cargoes.
GS1 US has created data standards to help expedite the mainstream adoption of blockchain within the logistics industry.
Nikola won’t have its battery-electric Badger pickup for sale until sometime in 2022, but it’s following rival Tesla in building buzz by taking matchable $5,000 deposits ahead of announcing a manufacturing partner.
Long Beach mayor taps ILWU officer Bobby Olvera Jr. to serve as commissioner.
TFI International has acquired most of the assets of MCT Transportation from bankrupt carrier Comcar Industries.
For Weston Foods, Schreiber Foods and Tyson Foods, being a ‘Shipper of Choice’ means building strong carrier relationships.
Truckers will have to deal with snowy, slushy weather Monday in the northern Rockies.
Panelists from leading trucking carriers say a quick economic recovery could create concerns about having adequate labor to meet demand.
Company has new DIP financing and new financing for when it exits bankruptcy, will continue operating
The hot topics you may have missed this week.
At 28, Hyliion founder and CEO Thomas Healy is planning 15,000 global sales of his hybrid-electric powertrain systems for Class 8 trucks by 2024. A serial entrepreneur, Healy spoke with FreightWaves about his third startup — expected to go public before summer ends.
“Some people call them tourists, but as far as I can tell, they are out to scare the hell out of me, so I consider every damned one of them as a terrorist,” author Ed Miller recalls a driver telling him. This and more stories from Miller’s life in trucking are recounted in a new book.
Southern California has become the hot spot for freight in the post COVID-19 freight market. Could it be the region to tell us what’s next?
Payouts begin flowing to truck drivers from Celadon Group’s Hyndman Transport months after forcing the bankrupt trucking company to court in Canada.
HC-130 Hercules aircraft deployed on mission covering a 4,000-square-mile area.
COVID-19 delayed CVSA’s annual International Roadcheck blitz in May.
South Carolina Ports Authority adopts financial plan for fiscal year 2021.
Highest volumes since March.
Long-term institutional investors still steer clear of shipping shares — with good reason.
Lufthansa is too big to fail in Germany. Now it has a bailout.
Fast food and beer logistics, sustainability, and challenges are talked about on today’s episode of the show
United Airlines and Delta are dipping their toes back into the China market. But with COVID-19 and political tensions rising it won’t be a surprise if they are stopped again.
Prologis seeks to sell the largest-ever warehouse portfolio in the U.K. The deal is reported to include 22 properties valued at more than $500 million.
Today’s On The Spot episode is with Zach Strickland and JP Hampstead, who dive into how tender rejections are increasing.
In the Carrier Update presented by PowerFleet, Luke Falasca expects volumes to slow down in the near future, and in the DHL Supply Chain Pricing Power Index, Andrew Cox notes […]
California has become the first state to mandate a sales target for electric trucks, beginning in 2024.
Global research firm has ranked the supply chain management undergraduate program at the University of Arkansas No. 1 in North America.
The Cuban invasion force was to land under the cover of night to begin a counter-revolution against Cuba’s communist government, but the operation unraveled in hours as the invasion fleet floundered in the Bay of Pigs.
“Nuclear verdicts are the result of nuclear injuries,” plaintiff group asserts.
After extending CEO Troy Clarke’s tenure as CEO three times, Navistar International Corp. has chosen Chief Operating Officer Persio Lisboa as his successor.
Facing possible FMCSA action, brokers contend responsibility for nonpayment of motor carrier claims should fall on financial backers.
The new class of container ships is part of HMM’s quest to achieve net-zero carbon emissions by 2050.
Amazon is looking to buy Zoox, a self-driving startup that seeks to create a fleet of electrified robo-taxis.
The carriers gained significant pricing power this week. Volumes continue to burst from the seams and tender rejections have skyrocketed in the past week.
The Port of Savannah handled the most containerized agricultural export volumes last year among all U.S. ports, according to a national database.
