News

First Pacific typhoon of 2020 could hit ports in the northern Philippines Thursday.

Freight Futures data to watch today: Spot month futures prices It was a calm start to the week for the Trucking Freight Futures markets as the spot National contract (FUT.VNU202005) […]

ANPACT reported the total number of heavy-duty trucks, medium-sized trucks and buses sold during the first four months of the year was 6,495, a decrease of 48.1% compared to 12,521 units sold during 2019.

Private equity funds and other investors are scouring 35,000 miles of North American short-line rail track for deals even as the industry sees one of the biggest volume drops since 2008.

As ships sail full in May, the hope is that fewer 3Q sailings get the ax.

Food shipment volumes across restaurants and hotels are still down, while on-demand food delivery volumes have gone up during this pandemic.

Daseke selects current flatbed head to lead operations amid a multi-year restructuring effort.

Want to ride a “ghost flight” for fun? You can’t. They’re only open for freight and Delta Air Lines is flying lots of them from Asia to the U.S.

Top-five U.S. freight market could get hit by severe thunderstorms Wednesday.

An integration with 3PL Systems will make Trucker Tools’ Smarter Capacity platform available to all 3PL customers. Plus, a major airline failure could be on the horizon, online car buying could be here to stay, and more Pennsylvania rest stops open.

The world of transportation has changed due to COVID-19. Read about how shipping professionals are adapting to those changes.

Amazon will occupy a huge air cargo facility being built at San Bernardino Airport as it expands its private airline and air delivery network.

Albrecht brings deep industry relationships and an expertise in transportation finance to the insurance company.

With guests Lean Tech’s David Bell; Banyan’s Lance Healey; TriumphPay’s Derrick Dunker; Truckstop.com’s Stephen Bindbeudel; and FreightWaves’ Chris Henry.

State, Teamsters have appealed to higher court over exempting trucking from independent contractor restrictions

It is the first outside funding for the 10-year-old last-mile logistics tech company

Brett Hart served six months in 2015-16 as interim CEO of United Airlines while CEO Oscar Munoz recovered from heart surgery.

YRC beats expectations with the benefit of outsized gains on sales. Noting volumes were down 24% in April, management says it likely won’t satisfy debt covenants into 2021 and it opts out of questions on its call.

Agent-based 3PL had been looking for “tuck-in” opportunities.

The manufacturer is still producing new railcars but expects market conditions to be rough for a while.

The dry bulk market is getting hammered again — not a positive signal on the global economy.

As some grocery stores begin rationing meat, Dooner and The Dude wonder if a meat shortage is the new toilet paper shortage plus latest news

Gene Seroka expects supply chain fractures may remain after the world heals from the coronavirus pandemic.

Former trucking company owner slapped with 15-month prison sentence for wire fraud

Emirates SkyCargo’s business fell in fiscal year 2019-2020, but the airline division is experiencing strong demand for its services during the coronavirus crisis.

Recommendations include electronic invoicing, advance appointments, emergency sick leave.

People go to the hospital to get better from coronavirus. Avianca is going to a different emergency room – bankruptcy court., so it can downsize in a safe way . It is a major Latin American carrier with a cargo division that operates its own fleet of freighters.

Zach Strickland returns to discuss rejections increasing for the first time since March in the Carrier Update sponsored by Powerfleet, and then Anthony Smith and Andrew Cox dive into the […]

Toyota subsidiary Hino Trucks is recalling 13,700 conventional body trucks because the negative battery cable is too short, preventing one in five trucks from restarting after being turned off.

One of the Middle East’s largest airlines targets freight to keep its more than 250 aircraft flying during the coronavirus pandemic.

The current focus on the rate war distracts from the real issue at hand: how to build a profitable trucking business and control your own future.

The biggest loss before that in the past seven years: not even 10,000 jobs.

vHub, which connects owners of underutilized trailers with those looking for short-term trailer usage, has opened its platform to integration with most telematics systems. Also, China trade deal in doubt, retail imports fall and road funding drops.

Accumulating snowfall could cause minor freight flow delays in parts of the Rockies this week.

Inadequate cybersecurity will allow attackers to hack into railway systems and stop trains, causing massive disruption to freight movement.

First female judge advocate general and chief counsel, a returning business development leader and a service center manager are announced.

Moody’s says rail volumes could slip 15% or more in 2020. Meanwhile, IANA confirms declines in international intermodal volumes in the first quarter.

I woke the other day to a bright ray of sunshine beaming down through my bedroom window. It’s definitely Spring — rain tonight/tomorrow — then sunshine for a couple of days. Nature has already shown recovery from the Winter months of dormancy. Some of you are just now experiencing that Spring effect as well. Even with the stay at home orders of recent, my little town in SW Indiana does not appear to have heard that message.

Union Pacific shutters Cold Connect, citing low freight rates and consumers purchasing shelf-stable items instead of fresh produce amid the coronavirus pandemic.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: U.S. supply chains’ future could be tied to Mexico and USMCA; Forager celebrates Laredo’s history as an international port; CBP aims to keep Mother’s Day flowers pest-free; Dachser Mexico offers new customs house brokerage services.

Reefer capacity has started to show early signs of tightening after experiencing the loosest conditions in years in April. Will van capacity follow suit?

Officials with Cardone said the layoffs were part of the “dramatic, sudden and unforeseeable negative business circumstances the company is suffering due to COVID-19 pandemic.”

It got $10 million that Clyburn maintains is for smaller firms

Motel 6 is offering a 12% discount to truck drivers who book a room at one of its 1,400 hotels through the Trucker Path app.

The timing of the law is perfect for an industry that needs help.

Outbound tender volumes inch upward

The Department of Transportation issued a call for industry stakeholders to commit to raising awareness over human trafficking, and the agency received twice as many commitments as it was seeking.

Diamond S boss sees tanker-market “trough” on the horizon.

Delta Air Lines and LATAM are getting ready to operate jointly once they clear antitrust hurdles in both countries.

President’s options limited without sufficient evidence, according to former DOJ antitrust chief.

Navistar extended CEO Troy Clarke’s contract until July as a buyout offer by Volkswagen subsidiary TRATON Group is on hold amid the cash-devouring coronavirus pandemic.

But in looking at big picture, Executive Director Griff Lynch is celebrating small victories.

Even as volumes slowly begin to return, carriers are still not in an advantageous position when it comes to pricing, although there is some positive momentum developing.

The transportation and warehousing sector sheds 10.4% of employees in April as Canadian Trucking Alliance calls for additional federal aid.

Arizona state officials say they “absolutely believe the [Lost Dutchman] fire was human-caused.”

On today’s episode, Dooner and The Dude are talking about Trump’s comments on “price gouging”, murder hornets in the supply chain, and we’ll recap FreightWaves LIVE @Home

Lufthansa and IAG Group are taking baby steps toward expanding flight schedules. That should bring in some more revenue, but Lufthansa is looking for a big bailout from the German government to get through the coronavirus crisis.

The number of employed is down to 2014 levels.

Plus: California Trucking Association, CERES, release report on path to electrification

“Substantial” federal funding needed to maintain service, board chairman warns.

Trucking industry raises $75,000 to provide hand sanitizer, masks for drivers

USA Truck continues to execute on its internal turnaround initiatives, but they have yet to bleed through and provide positive earnings results for the carrier.

Accumulating snowfall possible across the interior Northeast Friday night and Saturday.

Action is five years after a refining unit exploded, sending gasoline prices higher.

A perfect storm of events has created the mother-of-all cargo bottlenecks at Shanghai’s Pudong airport, where shipments sit at a standstill in crowded warehouses waiting for overwhelmed Chinese customs officers to inspect outbound PPE shipments.

Harbor Trucking Association hosts a wide-ranging conversation with West Virginia senator.

Food supply chain warehouse operator Americold Realty Trust beats first-quarter forecasts, reiterates guidance and shakes off meat shortage concerns.

“In North America, our fuel volumes are off 20% to 25%, behind last year in April,” said Ron Clarke, FleetCor’s chairman and chief executive officer.

Meanwhile, Uber Eats had a bang-up pandemic-related quarter.

Social distancing because of COVID-19 has challenged warehouse operations, and the result could be a new push to bring more automation into facilities.

Crews trying to contain several wildfires in northern Florida as drought continues across the region.

Management says “tough pricing environment” muted operational efficiency initiatives.

There’s still too much oil in the world and tankers are still filling up with the overflow.

The future of freight transportation and logistics will emphasize real-time digital solutions, diversity in the workplace and effective collaboration between stakeholders, according to speakers presenting on the final day of FreightWaves’ semiannual event.

Ransomware attacks are on the rise and transportation companies are a prime target.

The Trucking Freight Futures markets found their footing on Wednesday after falling off a cliff earlier this week as the spot National contract rose a fraction to $1.358 per mile

Freight haulers across transport modes join effort to raise awareness.

National volumes and tender rejections have been roughly flat for the past week. There is no change in the DHL Supply Chain Pricing Power Index this week. Shippers remain in dominant pricing power position.

British Airways and its sister airlines are taking some comfort from increased cargo business and helping keep global supply chains intact, but the dominant passenger business is at least three years away from getting back to pre-crisis levels.

Loadsure founder explains the benefits of “pay-as-you-go” freight insurance.

Group wants changes to rarely invoked federal law, making it automatic.

Like most industries, the work environment of brokers and 3PLs has changed dramatically in the last couple of months. Here are some tools that are being used to cope.

Former Arrow Trucking CEO Doug Pielsticker was released three years early because of a COVID-19 outbreak at his Texas prison.

As demand for flatbed capacity sags, Daseke sees strength in some end markets and continues to push forward with a company-wide overhaul.

FMCSA has expanded the types of crashes eligible for review under its Crash Preventability Determination Program, giving fleets and drivers more options to have non-preventable crashes removed from their record. )

Revenue for the quarter came in at $431.68 million, 13% higher than the consensus estimate of $424.31 million.

Canada’s trucks are moving more freight as volumes recover from a pandemic low, but bargain-basement rates and cash flow issues continue to weigh on carriers.

Selection from private sector feeds speculation of potential privatization of federal agency.

U.S. factories face issues with sourcing from Mexico; Permian basin output to decrease in May; Lime raises funding from Uber.

The COVID-19 pandemic has created choppy conditions in the airfreight market, but air cargo companies like Atlas Air are mostly seeing upside for their business.

Accumulating snowfall possible across several northeastern states Friday night and Saturday.

Bill Driegert, head of operations and co-founder of Uber Freight, discusses “Responding to the Coronavirus Pandemic With Real-Time Logistics Technology” during FreightWaves LIVE @HOME

Excluding several items, Daseke reported a near break-even first quarter. Demand headwinds in most of the markets it serves have ‘plateaued’ in recent weeks.

The COVID-19 pandemic sent U.S. rail volumes tumbling last month. But now, stakeholders are looking at the shape and scope of an eventual recovery.

German container carrier also boosting lines of credit to tap if needed and holding off on buying new ships.

The U.S. wind energy sector is “a huge bright spot during these difficult times,” said Gene Lemke, vice president of projects at Anderson Trucking Service.

It’s aggressively moving away from “perpetual” sales to subscriptions.

The second day of FreightWaves LIVE @HOME was packed with thought-provoking speakers, innovative company demos and special recognition for the Shipper of Choice Award winners.

An app aims to connect hungry drivers on the road to restaurants

Are larger funds now heading for the exits and giving up on tanker stocks?