News

Lessons learned from shipowner woes in the wake of the global financial crisis.

With final approvals in hand, German commercial vehicle mega-supplier ZF Friedrichshafen creates a new division for technology supplier Wabco Holdings, adding 12,000 employees.

“A lot of those small trucking companies, they’ll come back.”

FedEx reported to be exploring alternative growth path in Europe through stake in German parcel company Hermes.

On today’s episode we talk to NASA about SpaceX’s launch, plus unusual freight, and today’s latest news.

In a lawsuit filed this week, Omnitracs claims that Platform Science has built technologies, including its Connected Vehicle Platform, based on patents owned by Omnitracs

Mass layoffs can help a company survive the coronavirus recession for the time being, but the damage will hurt its long-term prospects, United CEO Scott Kirby says.

Divided federal appeals court revived CRST’s driver-poaching lawsuit against TransAm

Net loss whittled from $24.3 million last year to $11.9 million in Q1 2020

Saiz is lawyer with Rodey firm, needs Senate confirmation

OOIDA opposes FMCSA’s approval for motion picture group.

“Our forte is turning freight from plane to truck and getting it on the road to its end user quickly,” said Bryan Schreiber of Columbus Regional Airport Authority (CRAA).

Plus: Rivian re-opens factory; drones deliver PPE

Heading into the weekend, truckers will run into minor delays due to severe thunderstorms.

Railroad volumes continue to drop. What might they do to increase volumes? Where are the volume increases going to come from?

Escalating airfreight transportation rates and capacity shortages from China due to the global pandemic have encouraged some shippers to split supply chain shipments between ocean and air pallets.

Mullen not expecting the issue to “go away any time soon”

Canadian heavy equipment hauler secures Chapter 15 bankruptcy protection, clearing the way for the company to court buyers and investors for its trucking and crane assets in Alberta and Texas.

Where does automotive go from here and how long is the road to recovery? Plus, today’s latest news.

State Attorney General used new price gouging law to go after A1

FedEx is experimenting with combining some elements of its Express and Ground units. Read about how that might affect the company.

Donations to the St. Christopher’s Driver Development and Relief Fund continues to pour in as recognition of the driver’s role in delivering critical supplies during COVID-19 pandemic attracts new donors.

This week’s DHL Supply Chain Pricing Power Index: 25 (Shippers) Last week’s DHL Supply Chain Pricing Power Index: 20 (Shippers) Three-month DHL Supply Chain Pricing Power Index Outlook: 50 (Balanced) […]

The waivers were given to passenger and freight railroads because of the COVID-19 pandemic.

Samsara introduces driver efficiency scores; core capital goods shipments from U.S. drops; Softbank looks to fix U.S. roads.

Anthony and Zach discuss the surprisingly rapid recovery in the housing/home improvement sector of the economy and whether it has sustainability.

Tolls on bridges, tunnels and roads are plummeting in the wake of the pandemic. Unlike the broader system of highways whose upkeep is paid for by the rapidly depleting Highway […]

15.6 million masks from FEMA going out to trucking, maritime, rail sectors.

Ashley Hammonds of Reliance Partners cautions that buying a cheap older truck may have an inverse effect on insurance rates.

Shippers get optimized supply chain management with real-time, dynamic capacity pricing

Lineage Logistics continues its hot acquisition streak, entering into an agreement to purchase Henningsen Cold Storage and its 14 facilities.

The U.S. government’s emergency aid package was only a Band-Aid for protecting jobs. Airlines promised not to have involuntary layoffs for six months, but now American Airlines is paving the way for mass layoffs.

Drivers will have to deal with abnormally hot weather in three top-20 freight markets out west.

Wunder Mobility launches new offering that will make the company an all-in-one mobility solutions platform.

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  News reports that Uber is re-evaluating non-core units […]

Litigious society wants someone to pay for coronavirus-related business losses

Twelve projects in nine states get funding to upgrade track and rail crossings and other types of rail infrastructure.

Lufthansa and Germany have agreed on a rescue plan for the airline, but the European Union wants to take a pound of flesh from the German carrier before allowing the deal to go through.

Mundi seeks to finance exporters by offering their clients the option to pay locally in 100 countries and 65 currencies.

Growing competition leads Mitsubishi Fuso Truck and Bus Corp. to decide against selling medium-duty trucks in the U.S. and Canada after current inventory is sold. Parts and service pledged through 2028.

Listen to the podcast to hear a breakdown of the survey.

Operator of Staten Island terminal spurned by container giant is not giving up without a fight.

Coronavirus hit to Brazilian exports is a nightmare scenario for dry bulk — and cases in Brazil are mounting fast.

The intertwined economies of the U.S. and Mexico mean that trade will play a large role in the economic recovery of both nations from COVID-19-related shutdowns.

United Airlines’ new CEO is putting his stamp on the company right away with a new tteam to steer the company through the coronavirus pandemic and beyond.

Rates for ocean transport of propane could surge if the worst of the coronavirus crisis is past.

Canadian supply chain software provider posts a 51% increase in net income, but says it will reduce its global workforce by 5% in the face of economic uncertainty

The coronavirus isn’t slowing down UPS Airlines. It’s continuing with a major fleet expansion and new routes because of e-commerce trends.

Despite U.S. rail traffic remaining sharply lower on a year-over-year basis, rail volumes for commodities such as grain and motor vehicles and parts helped to push volumes higher on a week-to-week basis.

The numbers game is intensifying as falling used truck prices and swelling inventories persuade fleets to hang on to younger equipment until they can break even.

For specialized industries such as health care and aerospace, the stakes of supply chain interruptions and service failures have never been higher.

As the first recipients face the end of the Paycheck Protection Program, the Small Business Administration has issued long-sought guidance on the program, including information on forgiveness.

APL England escorted to Port of Brisbane after 40 containers are lost and nearly 75 others are damaged

“Crew changes cannot be postponed indefinitely,” warned the world’s largest maritime and air transport organizations.

The courier and less-than-truckload subsidiary of Canada’s postal carrier had a decent first quarter considering the impacts of COVID-19 and C$1 billion expansion of its network.

Love’s faces opposition in Arizona; ODFL likely to get tax breaks in Ohio.

Increases in beef and chicken inventories are in contrast with reported meat shortages. The rise in inventory bodes well for the already burgeoning cold storage sector.

Zach Strickland expands on capacity tightening nationally in the Carrier Update presented by PowerFleet, Luke Falasca talks to brokers about what areas of the Northeast are showing signs of tighter […]

Tropical Storm Bertha could flood parts of the Southeast Wednesday into early Thursday.

Amazon is looking to acquire self-driving technology startup Zoox, with talks being underway between the two companies.

The retail apparel sector has been among the hardest hit by the COVID-19 pandemic. Learn how international trade, supply chains and tariffs complicate things further.

The 2020 International Trade Impact and Outlook survey from DHL compiled responses from more than 2,000 small and medium-sized enterprises (SMEs) in the U.S.

The Neurored platform connects health care organizations and government agencies with PPE sourcing and transportation experts

Canadian judge approves heavy-equipment hauler’s plans to operate under creditor protection as CEO urges U.S. bankruptcy court to recognize proceedings.

Expeditors International sees digital platform acquisition as key to advancing its less-than-truckload shipping platform.

Airlines like Air Canada are raising private capital through various means, while also seeking emergency government assistance.

Startup’s request to extend driving limit and workday gets broad pushback.

The Canadian government shifts from planes to ships to import larger volumes of personal protective equipment and other medical supplies for COVID-19 pandemic.

Airlines are in a no-win situation. They need money now to keep from going under but know that debt payments will make it more difficult to make ends meet in the years to come.

Authorities blame heavy seas off Australian coast for loss of medical supplies, household appliances and building materials

The bipartisan bill seeks to streamline the application process and lower the application costs for a loan program for short line and passenger railroads.

Zach Strickland expands on how Memorial Day weekend volumes are stronger than they were in 2019 during the Carrier Update presented by PowerFleet, and Mike Baudendistel discusses intermodal economics being […]

The direct mail segment accounted for 23% of USPS 2019 revenue, which is decreasing as a direct result of the pandemic.

Trucker Tools’ Book-it-Now and predictive freight matching tools will now be available to users of financial services firm OTR Capital. Plus, major markets showing volume gains, DC truck protestors could return, and driver pay increased in 2019.

Reefer drivers will need to be extra careful protecting temperature-sensitive loads in the West this week.

LATAM Airlines is looking for protection from creditors as it downsizes, something that all airlines are trying to figure out how to do in the face of a pandemic that has wiped out travel demand.

Program was for eight weeks, starting in April, setting up an end to some protection

The “Modernization of Cross-Border Trade” virtual summit is being hosted by Borderless Coverage and sponsored by Cargocast.

Trucking and crane services provider pursues interim financing and court approval to market its Canadian and U.S.-based subsidiaries while under creditor protection.

Lufthansa will temporarily become a German-state owned company again with a pending plan to give the airline billions of dollars in emergency aid to withstand the fallout from the coronavirus.

Making the transition from a freight broker to freight tech sales.

Leasing companies say a neutral chassis pool lacks incentive to invest the tens of millions of dollars each year to maintain viable chassis equipment.

Opponents of increasing size standards for trucks fear permanent changes post-pandemic.

The coronavirus pandemic and declining coal volumes hit employee levels at freight and passenger rail companies.

Like many of you, I have been inconvenienced by COVID-19 throughout the last several weeks. But, as you know if you have been reading any of my mostly weekly posts, I have focused on being productive during this different time.

Over the past two weeks I have seen the plans and the strategies that the “best in class” carriers are putting in place for their business during recovery. The key takeaways for me were plenty, but it starts with the phenomenal job these fleets have already done. Their main mission of keeping their workforce healthy, and the supply chain secure, should be a roadmap for all businesses when re-opening. It starts with strong leadership, open communication, and a “do it now” philosophy when deploying critical resources.

How COVID-19 is changing Uber’s focus; diesel inventories rise tremendously; preparing your freight sales team to return to normal; and so much more!

The payments have two weeks down, with company in arrears on payments

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: CBP beefs up security at US-Mexico border; Kenworth restarts truck factory in Mexico; Love’s Travel Stops opens new location in Laredo; Port of Brownsville ranks third for “financial resilience.”

Imports of nondurable goods are outperforming durable goods imports this month, which may indicate warehouses are full of their durable counterparts due to lack of demand.

U.S. retailers face two options: selling at a discount in the domestic market or going online to sell globally.

New Orleans Public Belt Railroad brings on eight new engines, which will reduce the operation’s fuel consumption by 25% and emissions by 40%.

Dairy Max, Convoy team up to deliver fresh milk to food banks in Texas with plans to expand in other states

“The Impacts of COVID-19 on the United States, Mexico, and Canada Cross-border movements” webinar was presented by the Transportation Intermediaries Association.

The trucking market continues to heat up.

Car rental giant Hertz files for Chapter 11 bankruptcy protection after failing to reach an agreement with creditors; blames COVID-19 pandemic for economic freefall

Ontario-based Joseph Haulage buys Bergland Transport to build on its growing business serving agriculture and food sectors.

$26.5 million ‘nuclear verdict’ stands in fatal road-rage crash in Oregon

Fewer sailings will be canceled starting in July but that won’t help restock shelves in June.

Kuehne + Nagel’s Bill Rooney takes aim at RFQs and bunker surcharges in remarks to Agriculture Transportation Coalition