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The carriers continues their power grab this week. Shippers remain in control, but carriers are much better off than they were a few weeks ago. Capacity is beginning to tighten and rates are being pushed up.
On today’s Midday Market Update, Michael Vincent and Kevin Hill talk about new insurance ruling, Nikola vs. Bloomberg and more.
To watch the stock of Nikola Motors, the company that has raised millions to produce a hydrogen-produced truck, you’d think that the day of the diesel engine was going to […]
New court documents shed light on a shipboard drug ring.
Truck owners can respond to engine issues by repairing or replacing their troublesome trucks — or using them for spare parts.
The U.S. Postal Service (USPS) is fighting to keep its head above water amid staggering financial losses related to the coronavirus pandemic and the Trump administration’s refusal to grant the […]
In the Carrier Update presented by PowerFleet, Zach Strickland talks about spot and contract rates driving revenue lower, and Andrew Cox and Anthony Smith discuss industrial production revving back up […]
Some small and mid-size airlines are filing for bankruptcy, or going out of business. Lufthansa is a major airline and it too is on the ropes.
Car ended up under big rig, but Ace and truck’s driver win in court.
Chaves, ex-owner of CAT Transportation Inc., is awaiting sentencing in another federal case after pleading guilty to falsifying DOT records, bank fraud, identity theft and tax evasion in August 2019.
A research report from Prologis highlights the growing need of logistics space. The recent April downturn reversed course quickly in May, supporting the notion that any demand degradation will be “short-lived.”
The concept of shared truckload isn’t new, but technological advancements in the space make the method more viable than ever.
Chinese warehousing robotics startup Geek+ is the most funded startup in the world in its segment.
Weekly rail traffic moved higher week-to-week amid growing builder confidence and higher retail sales in May. But will the upward trend last?
Fetch Robotics partnership debuts autonomous cleaning solution for warehouses and other large facilities
State routes closed near Phoenix as wildfires continue burning across more than 100,000 acres.
Anthony and Zach discuss the dynamic between the spot and contract market as rates continue their wild ride in 2020. Do carriers, brokers or shippers control the spot market?
LATAM Airlines Argentina is closing, but the move won’t impact international travel.
Flatbed carrier Daseke reported five weeks of volume improvement in its second quarter update. The carrier improved its liquidity position through the first two months of the quarter.
As the COVID-19 pandemic continues to hit the United States-Mexico auto supply chain hard, truck capacity has fluctuated at the border.
FMCSA officials clarified HOS rules for National Tank Truck Carriers.
TFI International says it completed its acquisition of Gusgo Transport in a deal that adds a small Canadian container trucking and storage company.
Dangerous winds, torrential rainfall could be trouble for truckers Thursday from Texas to Wisconsin.
Nikola Corp. founder and Executive Ehairman Trevor Milton says he is justified in threatening on Twitter to sue a reporter he accuses of lying about the startup electric truck maker to drive down its high-flying stock price.
Amendment more than doubles current minimum of $750,000 for commercial trucks
Expiration pushed to Sept. 30 as need for new drivers continues.
Washington State Potato Commission wants you to get fries with that burger.
The U.S. Federal Maritime Commission has rolled out guidance on how the ocean shipping industry can collaboratively improve the flow of containers among ocean carriers, marine terminals, shippers and drayage truckers in San Pedro Bay during COVID-19 and beyond.
French 3PL FM Logistic reports strong organic growth in its recent fiscal year as European expansion progresses. The company didn’t issue annual guidance due to COVID-19 uncertainty.
The FAA chief was on the hot seat during a Senate hearing Wednesday looking into reforming the certification process for new aircraft after the 737 MAX grounding.
The best time to build on your company’s offerings through acquisitions may actually be during a global disruption.
New data reveals third-quarter ocean schedules still largely intact — a positive sign on cargo bookings.
Port Logistics operates a 140,000-square-foot refrigerated warehouse at Berth 219.
Over 100,000 trucks moved across the U.S.-Canada border last week, a level of crossings not seen since it closed for non-essential travel in March.
In the Carrier Update presented by PowerFleet, Zach Strickland talks about tightening capacity in the Dallas market, and Mike Baudendistel compares total carloads year-over-year in the Rail and Intermodal Upda
The varied duty cycles of regional haul trucks doesn’t prioritize fuel savings – the second-largest operating expense – according to the North American Council for Freight Efficiency.
Deutsche Bank analyst Amit Mehrotra favors a few transportation stocks as the second quarter comes to a close.
The yard was once the largest hump yard on the railroad’s network.
CEO of on-demand driver platform talks about changing the face of trucking entrepreneurship
Brian Fielkow writes about what companies in logistics and freight should be doing to end racial discrimination and inequality.
“It was so hot in there,” trucker Harvell Martin recalls of pulling crash victim from fiery wreck after she spun out on rainy interstate.
OmniTrax, a short line operator, says the appointment will help the company capitalize on customer interest for rail-based supply chains.
Volumes are on the rise again. DDC’s Chad Crotty details what carriers should be doing to keep pace with the recovery.
The U.S. Senate is proposing fixes for the FAA certification of new aircraft. It’s an issue after the Boeing 737 MAX was grounded.
Turvo has been building the next-generation of supply chain management, hoping its solution can replace a traditional TMS and redefine logistics collaboration.
The closure of the United States-Canada border to nonessential travel is disrupting Canadian consumers’ and small businesses’ reliance on “hacks” to get products from the U.S. — and that’s a good thing, says the CEO of A & A Customs Brokers.
Private business will be loath to invest in electric vehicle charging at travel plazas if states install chargers at public rest areas, says the trade group for truck stop operators.
GoFor Industries closes on C$9.8 million seed round as it aims to expand its on-demand delivery platform for construction industry into more North American cities.
Cold storage facility operator Americold announces plans to resume facility expansion project in New Zealand.
Storms later today could produce tornadoes, severe winds, large hail in Upper Midwest.
Information will be displayed through telematics for Indiana and Iowa
The Walmart and Shopify partnership looks like it will shake up e-commerce as we know it.
Ships could be idled as thousands of seafarers refuse contract extensions.
The 1920 Merchant Marine Act authorizes the U.S. Federal Maritime Commission to investigate and penalize foreign governments with ocean shipping regulations that discriminate against U.S. trade.
Winter is a cold period for airlines’ bottom lines. Throw in COVID-19 challenges and airlines face a difficult road to next year. That is why they are knocking on doors for help.
Jaguar Transport won a public auction for Celadon’s Mexican businesses, with a winning bid of $6.8 million.
Reduced number of canceled sailings indicates return of cargo.
Goal is to get freight companies and truck automation vendors to deploy AV technology in daily revenue service.
Because of strained supply chains, will just-in-time delivery be used less by industry? Darren Prokop explores this topic in his latest commentary.
Canadian environmental services company Aevitas adds flatbed fleet with the acquisition of Fast Lane Freight Services.
On today’s Midday Market Update, Michael Vincent and Kevin Hill talk about the SONAR-powered data, issues and news that move you.
Zach Strickland explains how reefer rejections are falling as Ontario, California, booms in the Carrier Update presented by PowerFleet, Luke Falasca talks to brokers about tender rejections pushing year-to-date highs […]
On the plus side, the Appalachian Regional Port nearly doubles the number of containers handled.
The U.S. is loosening restrictions on flights by Chinese airlines after China partially reopened its aviation market to U.S. carriers.
Rail unions don’t want unemployment and sickness benefits to be subject to government spending cuts.
BackboneAI relies on real-time data synchronization to empower vendors to optimize their product flow to customers.
Clients can help support a hydroelectric power project in China and a forest protection program in Zimbabwe
The U.S.-Canada border will remain closed for nonessential travel for at least another month because of COVID-19.
Swedish truck maker Volvo Group says financially ugly short- and medium-term market conditions require stepped-up cost cutting.
Deuce Drone, a new developer of aerial drone delivery systems, has a talented team, but its biggest hurdles will be established competitors, federal regulations, and customer appreciation for the technology.
Private equity investment expected to accelerate growth for digital yard solutions company
Institutional sellers offset retail buyers of supertanker stocks.
“The most critical commodity we trade in with drivers today is hours,” said Norm Thomas of Powerfleet.
Lori Ann LaRocco explains why intra-Asian trade is down and its affect on the United States.
Sweden’s Volvo Group is cutting 4,100 white-collar jobs globally in the second half in response to ongoing impacts of the COVID-19 pandemic. About 15% of the cuts will be contractors. […]
Class 1 railroads reiterate that some measures they took to cut costs because of the coronavirus could become permanent.
By not nickel-and-diming through hidden fees, the Axle Fuel Card allows trucking companies to keep more hard-earned money in their pockets.
Fleet management solutions provider Samsara looked at 130 million trips since the beginning of 2020 and found truck traffic running at 95% of prepandemic volumes, with more speeding and less hard braking.
Several inches of heavy, wet snowfall in Northwest mountains to make roads extra slick, limit visibility.
CognitOps orchestrates “cacophony” of solutions
Possible issue in its debt profile: pulling down a revolving credit line at the start of the pandemic and having it still counted as a liability
Nine companies and eight states have signed on as the first participants in a new U.S. DOT program designed to improve the safety, testing and transparency of autonomous vehicles
Worse-than-expected data from Cass shows year-over-year declines grew in shipments and expenditures. Intermodal pricing falls out of bed.
It’s a turbulent period in Europe for the aviation industry. Regional travel is reopening in the EU, but the UK has tightened travel restrictions and airlines are struggling to stay in business without government assistance.
It’s uncertain when UPS Inc. and FedEx Corp., which have imposed “temporary” surcharges on a portion of their U.S. residential deliveries to offset higher coronavirus-related costs, may lift the charges.
The investment firm published a research update that analyzed Mexico’s likelihood of changing its rail regulatory structure.
Instead of whipping around at 500 mph, a broken Snap Back Arrestor rope simply drops to the ground
Around 45,000 auto workers are on hold in Puebla, Mexico, as local authorities said they will not allow the automotive manufacturing industry to resume production over coronavirus fears.
Dooner and The Dude talk about freight volumes rising, Nestle’s keys to becoming a Shipper of Choice, air cargo, rethinking the fashion supply chain, and making roads safer.
With this acquisition, STORD will now provide a variety of freight hauling options aside from its core functionality of on-demand warehousing.
It was an overall strong week for the Trucking Freight Futures markets as 10 of the 11 spot month contracts posted gains for the week with the spot National contract higher by 0.55% to $1.474 per mile.
Zach Strickland looks at the West Coast for volumes tightening in the Carrier Update presented by PowerFleet, and then Andrew Cox discusses economic data finally beating expectations in the Shipper […]
Logistics services provider is optimistic about African continent’s global freight potential, despite economic setbacks from COVID-19 pandemic.
An investor talks about overcoming pattern recognition bias in venture capital
Drivers with expired licenses given relief until September 30
Beacon is a UK-based digital freight forwarder – one of many that have vowed to disrupt the freight forwarding industry.
ENTREC begins soliciting offers for ENTREC Cranes and Heavy Haul in the U.S. and ENT Oilfield Group in Canada under creditor protection in both countries.
American Airlines Cargo has not slowed implementation of the IBS Software iCargo platform since last October, despite the upheaval from the COVID-19 pandemic.
