Comcar dropped $25 million in 2019 before Chapter 11 filing
Unlike many other bankruptcies, this one looks like jobs are being kept
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Unlike many other bankruptcies, this one looks like jobs are being kept
Growth at Uber Freight took a pause in Q1 while the digital brokerage trimmed losses.
Cyclone Amphan being called a potential “nightmare scenario” for millions of people in Bangladesh and India.
The coronavirus pandemic caught the world off guard, and it has ratcheted up the pressure on 3PLs and brokers to quickly adapt and employ new technologies.
Futuristic mobility company HyperloopTT uses virtual collaboration platform Workplace to seamlessly connect all of its spread-out employees.
Israel’s flagship carrier El Al is struggling to hold on financially during the COVID-19 pandemic and is looking to the government for a lifeline.
The U.S. Federal Maritime Commission says an amendment to the Puerto Nuevo Terminals Agreement poses no anticompetitive concern.
Fullbay, the heavy-duty repair software provider, has launched Fullbay Cares, making a donation to Feeding America and Food Banks Canada each time a repair shop signs on to the Fullbay platform in May. Plus, Texas DOT hacked, dynamic route planning takes hold, and the new COVID reality
Rain changes to heavy snowfall today in the Sierra Nevada. Freight flow delays are possible on Interstate 80.
Carriers shift to road experience as entry-level applications drop off.
Buyers are considered “stalking horses” under section 363 of bankruptcy law,
Manitoba carrier Paul’s Hauling credited with helping avoid wider spread from terminal thanks to proactive siloing of employees and close collaboration with health authorities.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Cross-border trade is key for economic growth; US-Mexico truck crossings declined 8% through April 2020; transportation software firm moving to Texas; and Laredo CBP finds $11 million worth of meth inside shipment of flooring.
Chart of the Week: Outbound Tender Volume Index– USA SONAR: OTVI.USA After experiencing one of the most volatile periods in history over the past two months, freight market volumes have recovered to […]
Be Prepared to Stop is a few years old but still highly relevant,
Travel bans, shelter-in-place orders and virtually no demand for rental cars created a domino effect that is hammering the auto industry amid the coronavirus pandemic.
Korean Air is the latest airline to get government aid and raise capital to increase its cash position.
Sese Logistics said it worked several weeks and “incurred $152,433 in fees and expenses in obtaining the release” of the trailers.
Load volumes and rejections improve this week
Box import volumes may be falling fast, but there are glimmers of hope.
Workflow automation technology company RPA Labs has landed its first round of capital, netting $1.2 million in a pre-seed round. Schematic Ventures led the round, along with PSA UnBoxed (Port […]
Airlines need to reassure customers that airplanes are safe from coronavirus to win back their business. Enter Boeing, with its Confident Travel Initiative to help them develop best practices for doing that.
Spencer says reasons for the waivers have disappeared
On today’s episode Dooner and The Dude look into Amazon warehouse infections, talk PPE with special guests and more
New trailer orders fell to near zero in April as the coronavirus pandemic raised questions of a shakeout of weakened players and consolidation in the equipment sector.
Attorneys representing plaintiffs in the legal action say they’ve got a binder full of cases.
European Commission scrutinizing financial incentives from South Korean government
The Mexican government issued a new decree on Thursday causing confusion among companies as to when they will be able to restart U.S.-linked supply chains.
Charley Dehoney spoke with the founder of BasicBlock, a blockchain startup based in Nebraska. Here is the story of the company’s success to-date.
As the battle for fair rates carries on, what if the solution is not government regulation, but rather the creation of a consortium that anonymizes rate data on a lane-by-lane basis for all to see?
Zach Strickland expands on how volumes are being driven higher in west coast and port cities in the Carrier Update sponsored by PowerFleet, then Anthony Smith and Andrew Cox discuss […]
Apart from exonerating drivers from wrongful accusations in road accidents, dash cams can also help the fleet management reward top drivers and improve driver behavior.
Wind, hail, flash flooding risks for truckers Friday across two regions of the U.S.
Shanghai Pudong Airport is getting crushed by heavy cargo volumes. Add to the mix a lot of red tape for export clearance and shipments are experiencing long delays and missed flights.
EKA Solutions builds ecosystem for small and medium-size brokers, carriers and shippers
Plus: United States Postal Service (USPS) postpones deadline for next-generation mail truck
CIE Manufacturing has made the move to U.S. production.
The U.S. Postal Service (USPS) is swimming in uncharted waters that have just gotten more turbulent.
“Inland waterways shipping does not fit into Imperial’s future development strategy,” said CEO Hakan Bicil.
As Congress and the White House consider short- and longer-term funding infrastructure needs, the railroads want to ensure that the rail sector is part of the discussion.
German carrier is cutting costs and counting cash as the economic impact from the pandemic is expected to hit Q2 results.
“Nowcasting” platform uses ship-tracking data to detect coronavirus fallout.
Groups warn new rules will increase driver fatigue, but challenging them would be “heavy-duty case” to take on.
Cervus Equipment’s Peterbilt dealerships had a strong first quarter, but the company says it expects COVID-19 will hit short-term demand.
Today, Andrew and Kevin discuss first-quarter earnings before FreightWaves Lead Economist Anthony Smith makes an appearance to chat about unemployment. As always, thanks to CarrierDirect for their research contributions.
Long-awaited changes to the federal hours-of-service (HOS) rules expected to provide additional flexibility to truck drivers and fleets were announced today, receiving some industry praise and plenty of criticism from safety advocates.
Wabash National felt the COVID-19 pandemic in the first quarter, but the trailer maker said its earlier preparations for a softening market helped offset deeper trouble.
San Pedro Bay complex braces for more blanked sailings as coronavirus pandemic rages on.
Taiwanese carrier among Asian container shipping lines criticized for government subsidies.
Payment management solutions provider Cass Information Systems’ freight index fell mightily in April as expected, but it may have represented the bottom of the market.
Delta Air Lines is bidding adieu to the 777. The airline will be smaller for the next few years, so it doesn’t need its big 777 jets anymore. (Photo: Delta)
Ports authority reports refrigerated container record and largest vessel call.
The DHL Supply Chain Pricing Power index moved up for the first time since the volume surge in March. The index now sits at 15, which is still positions the shippers comfortably in bid negotiations.
April’s coronavirus impact intensified pricing pressure in an already depressed used truck market where most cash-conserving buyers held back on purchases.
“Good faith” is inferred and won’t need to be certified further.
“We remain committed to achieving our aggressive climate and sustainability goals,” said Nancy Young, Airlines for America’s vice president of environmental affairs.
Amazon’s slower deliveries are leveling the playing field; global natural gas demand to drop by record levels; Nauto announces predictive collision alert feature.
Americold Realty Trust will partner with grocery retailer to provide 500,000 square feet of frozen storage space in two new facilities.
CNBC’s Lori Ann LaRocco writes about the impact of COVID-19 on U.S.-China trade, particularly in regard to the trade war between the two nations.
The sudden increase of non-payments and defaults can quickly sink your transportation company.
Parts of drought-stricken Florida on fire. Interstate closed as a result.
Are the railroads following Hunter Harrison’s PSR directives? Railroad expert Jim Blaze explores the topic.
Pause of 14-hour driving window not included among changes.
OmniTRAX is looking for interested parties seeking to develop commercial facilities along its West Virginia rail lines.
Newsom order assumes if you have it, you caught it at work.
Zach Strickland expands on how volumes this year are topping last year’s volumes in the Carrier Update presented by PowerFleet, and Mike Baudendistel and Anthony Smith discuss rail traffic showing […]
Intense winds, large hail, flash flooding, isolated tornadoes Thursday could hit from Kansas to Ohio.
In a rare behind-the-scenes look at a recall, Navistar explains how it found 4,900 trucks suspected of engine-disabling connecting rod failures and why it decided to warn drivers instead of replacing engines in all the trucks.
Most crops don’t grow without seeds. But how are seeds for commercial farming transported? Darren Prokop explores this topic.
International aviation authorities and health experts are trying to create public health corridors in the sky through the application of multi-layers of sanitary and hygiene standards.
Swedish technology startup partners with oat drink company on a truck electrification project
Mexico’s reopening will include a new four-color coding system in place by June 1 to tell people and businesses what activities will be allowed.
Commercial Carpet Logistics was searching for a way to help out during COVID-19, and it found the answer by donating excess capacity and drivers to transport food donations to a Philadelphia food bank.
“Love & Hip Hop: Atlanta” star allegedly spent $1.5 million on things such as jewelry, child support
April’s 20% year-over-year declines in Cass data may mark the bottom of the COVID-19 downturn.
The path ahead will look very different, according to global seaport authorities.
The numbers are in – earnings for the quarter have been reported by all the trucking and other freight-related companies for the three months that ended March 31. And what […]
The Class I railroads’ expectations that the second quarter could be rough volume-wise are ringing true.
With a June 2 merger vote that would make fuel cell electric truck maker Nikola a public entity, the company’s book value has quadrupled to $12 billion in the last week.
Advocates hope the pandemic accelerates adoption of natural gas vehicles; electric truck advocates double down on battery power
Rules continue to be waived for freight deemed essential during pandemic.
Titanium Transportation Group depends on no single customer for more than 6% of its business. That diversification is paying off during the COVID-19 pandemic.
A U.S. federal court on Monday agreed on an interim basis to Avianca Holdings SA’s initial motions to voluntarily reorganize under court-supervised bankruptcy protection. Latin America’s second-largest airline sought bankruptcy […]
Drone technology provider to UPS Flight Forward aims for unmanned aircraft systems certification from the U.S. Federal Aviation Administration.
Truckload and transportation companies talk freight markets ahead of reopening with some calling a market bottom in April as spot rates remain below breakeven.
Intense winds, large hail, tornadoes could hit several Plains states Wednesday afternoon and evening.
If you’re a forwarder and need more airlift to get goods around the world, you’re in luck. Airlines are listening and putting more assets to work.
A $750 million external investment this week comes as an extension to Waymo’s $2.25 billion financing earlier in March.
Future cargo flows at escalating risk from inaction on stranded seafarers.
If a sector or industry goes down due to COVID-19 and a carrier hasn’t diversified, that carrier might be following it.
World’s largest box carrier expects capacity cuts to mitigate volume downside.
A year after studying nuclear verdicts in truck crashes, the American Transportation Research Institute is focusing on smaller verdicts as its top research priority while also looking behind the scenes of rising truck insurance premiums.
The new USMCA Center will facilitate the transition from NAFTA, update U.S. Customs and Border Protection regulations on pending USMCA issues, and provide guidance on new compliance obligations.
Stifel’s David Ross announces that he is suspending his rating and estimates on YRC Worldwide and questions the company’s ability to survive.
Titanium Transportation Group reports 13.6% increase in revenue on the strength of its growing brokerage business in the United States and steady performance from trucking.
Bankruptcy law changes passed just in time; will trucking companies use them?
The coronavirus may be top of mind these days, but there are other viruses businesses need to worry about as well — viruses that infect computer systems through malware. Toll Group is the latest victim.
Japanese carrier tempers profitability news with financial concerns.
The Pipeline and Hazardous Materials Safety Administration has determined that existing federal laws preempt a state law that restricted the rail transport of crude oils exceeding a certain vapor pressure limit.
“I hope like hell we never have to avail ourselves of it,” Challenger CEO says as the Canadian government emerges as a lender of last resort for the country’s largest businesses.