Evaluating the Need for Dedicated Fleets in the Era of Digitalized Transportation
Shippers may feel like they are being pulled in two different directions when it comes to dedicated fleet solutions.
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Shippers may feel like they are being pulled in two different directions when it comes to dedicated fleet solutions.
Trimble is adding an alert service to its navigation and routing apps to notify drivers when speeds are reduced up ahead due to work zones or other incidents.
Hub Group’s first quarter miss included several one-off expenses unlikely to recur. However, volume headwinds are expected to persist in the near-term.
Watchdog report lists “priority issues” requiring agency attention.
Several steps being taken will affect the supply chain
ULH withdraws 2020 outlook and suspends dividends after slowdowns in retail and manufacturing weigh on first-quarter financial results.
Even as businesses have shut down, traffic data from Inrix showed that, as of April 17, 87% of all truck vehicle miles were still being driven.
A family-owned Massachusetts trucking company fell victim to a ransomware attack
The logistics sector specializes in figuring out creative solutions to transportation and trade impediments, and a pandemic is the ultimate test. Check out what DB Schenker and Airbus are doing to increase airfreight capacity.
From slashing salaries to borrowing money to get to the other side of the COVID-19 pandemic, suppliers Meritor and Dana are keeping electrification programs on track while slowly restarting production.
The DHL Supply Chain Pricing Power Index fell another 5 points this week to its lowest total in series history. Volumes are beginning to come back to life, but capacity remains historically loose and spot rates are extremely low.
CEO blasts what he calls the statements of “some snake oil salesmen”
The drop in North American rail traffic could push railcar leasing rates lower.
Liners could scrape bottom over next two months, then recover.
On today’s Coronavirus Freight Market Update, Michael Vincent and Kevin Hill will be talking about the economic impact that COVID-19 is having on freight and the transportation industry. They’ll cover […]
The autonomous trucking outfit has so far avoided the economic carnage that has hit other startups in the self-driving industry
Combined transportation and logistics powerhouse grows gross profit despite impact from COVID-19.
FreightWaves has partnered with Overhaul, a SaaS platform for real-time supply chain visibility and risk management, to produce a white paper that provides pharmaceutical shippers with information on the threats to look out for and steps to mitigate risk.
Reefer is a hot trucking segment, but jumping in without considering proper insurance could freeze you in your path.
Trucking Freight Futures prices continued to tumble and were lower across the board for a sixth consecutive session on Wednesday as the spot National contract closed lower to $1.329 per mile.
International association of forwarders says members have tools and knowledge to ease container-shipping pain of the COVID-19 pandemic.
Manufacturing supply chains in for prolonged distress; U.S. oil rates in limbo; global air cargo facing severe capacity crunch.
A better than expected first quarter yields to expectations that a recovery may not occur until June. Some of Schneider’s customers are starting up again, but demand in May will likely be choppy.
While others have seen a decline in shipments, April held firm: CEO
Orbcomm operates in transportation and distribution, heavy equipment, industrial fixed assets, oil and gas, maritime, mining, and government.
Schneider Logistics is seeking to smooth and expedite the process for paying carrier partners by pairing TriumphPay’s payment solutions with Transflo’s document management tools.
American is slashing expenses, but not fast enough to stop big profit losses. Here are the details on its first quarter and what it expects going forward.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. On Friday, April 17, FreightWaves ran my Commentary: […]
Supplies from FEMA follow calls by industry and lawmakers for more COVID-19 protection.
Several inches of rainfall could temporarily flood parts of the Northeast, including three key freight markets.
Schneider reports TL volumes are down upper single-digit percentages in late April, but notes that some of its customers shutdown by COVID-19 are set to come back online.
Even though the EPA has relaxed some reporting requirements, trucking fleets that cut corners on environmental regulations could face large penalties for non-compliance.
Fewer brokers and more engineers make operating costs less flexible, and we question the “take market share” mantra.
The effects of the COVID-19 pandemic, as well as the structural decline in U.S. coal consumption, are pulling rail volumes downward.
International organizations calling for show of solidarity as well as recognition of COVID-19 as occupational disease.
Business leaders argue the coronavirus pandemic has diverted resources needed to ensure a smooth transition from the previous North American Free Trade Agreement (NAFTA) to the United States-Mexico-Canada Agreement (USMCA).
Boeing took a big loss in the first quarter and the rest of the year doesn’t bode better for a company plagued by ongoing technical problems with key products, and now facing little demand for aircraft.
Even as businesses have shut down, traffic data from Inrix showed that, as of April 17, 87% of all truck vehicle miles were still being driven.
Regulatory credit sales and streamlined operations helped drive the electric vehicle maker to its third consecutive quarterly profit; CEO Elon Musk rages against the coronavirus lockdown
“Helping people out when they’re in trouble is more important than getting a load in on time.”
Trump and Republicans at odds over using pandemic as bridge to transportation funding.
Shipping analyst Michael Webber sees tanker-stock upside if coronavirus recovery falters.
Updated rule, if adopted, means at least 30% of all tractor trailers sold in California would have to be zero emission by 2030
Alaska Airlines may be late to the party when it comes to using passenger aircraft as freighters, but it wants to be an early adopter of using passenger seats for storage.
Digital freight brokerage Transfix laid off about 10% of its staff on Tuesday
COVID-19 pandemic challenges American seed producers to secure airfreight capacity to meet spring planting.
Mayor Eric Garcetti grateful for “lifesaving purchase agreement” with Honeywell.
Resilience360 recently released reports analyzing the impact of COVID-19 on trade between the United States, Canada and Mexico.
Uncertainty beyond loss-making second quarter concerns Daimler leaders, though robust supply chain and cash position suggest fast production ramp-up when economy recovers
Trucking Freight Futures were lower across the board for a fifth consecutive session on Tuesday, as freight volumes and the uncertainty of economic recovery weighed on the market causing the spot National contract to fall 0.74% and close at $1.339 per mile.
The cuts to train starts are part of the railroad’s wider objective to implement precision scheduled railroading.
Accelerated depreciation it set at a “trough” level from 2002
Industry sage Martin Stopford dives deep into the future of global trade.
“We’ve definitely seen things coming back,” Energy Transportation CEO says as a key measure of truckload volumes in Canada rises 27% over two weeks on FreightWaves’ SONAR platform.
Saia’s first quarter performance placed its recent terminal expansion campaign on full display. Unfortunately, COVID-19 headwinds will mask near-term results.
The new tracking system allows real-time monitoring of transported goods across a variety of markets including food & beverage, pharmaceuticals and micro-mobility.
Secondary airports are increasingly being used by all-cargo carriers supporting the government’s coronavirus logistics mission.
Zach Strickland dives into the northwestern markets rising in volume in the Carrier Update presented by PowerFleet, then Anthony Smith and Andrew Cox discuss first-quarter GDP numbers in the Shipper […]
FourKites has introduced an interactive map that tracks congestion and delays at border crossings and ports around the world while DriverReach and Trucker Tools have added solutions aimed at improving driver efficiency.
Severe thunderstorms could briefly delay freight flows today across Southeast, including top-volume Atlanta market.
In this new report transportation analytics company INRIX analyzed billions of anonymous location-based data points to understand the impact that COVID-19 is having on freight movement across the U.S.
Small fleets file for Chapter 7 bankruptcy in April
Darren Prokop explores the reasons for the huge drop in oil prices and what the ramifications are because of the drop.
Like other railroads, Norfolk Southern is feeling the effect of lower rail volumes because of the coronavirus pandemic.
Saia’s multi-year terminal expansion project drives earnings results well ahead of expectations.
Virgin Atlantic has an extensive cargo network using passenger aircraft that are flying without passengers.
Ford has invested $500 million in Rivian and participated in the startup’s $1.3 billion investment raise in 2019.
Resilience360 recently released reports analyzing the impact of COVID-19 on trade between the United States, Canada and Mexico.
Terms shorten to 3-4 years from 5-7 years.
Favorable customer mix to make Werner’s truckload model a little more defensive through the downturn.
The move comes as companies race to ramp up last-mile delivery in wake of coronavirus pandemic
Distribution patterns expected to change in post-coronavirus world.
The second quarter could finish with a bang for trucking stocks.
Werner believes its consumer-heavy shipper base will allow the company to ‘more effectively manage through’ the downturn.
NAST margins were squeezed to 13.19%.
Airlines fly people, they don’t make things. Guess again. Delta is making portable human pods for the military and, along with American Airlines, is making face shields.
Regulatory guidance is expected to be significant to American shippers facing container availability charges from carriers and marine terminals during COVID-19 pandemic.
Cummins saw a tough environment for most of its segments in 2020 before the word pandemic became common. Now it is depending on its collective experience in managing bad times to pull it through again.
Savvy shippers and carriers need to be able to take advantage of new technology and information quickly and easily to ensure they are remaining competitive during these volatile times.
Hong Kong-based shipping line says first-quarter volume was down less than half a percent despite pandemic.
UPS faces economic and other challenges in the wake of COVID-19.
Trucking Freight Futures were lower across the board for a fourth consecutive session on Monday, as freight volumes and the uncertainty of economic recovery weighed on the market, causing the spot National contract to finish down $0.01, or 0.74%, to $1.349 per mile.
Retail impacts, earnings, and SONAR powered freight flows highlight today’s Coronavirus Freight Market Update
Maker of AI-powered suitcase ramps up intelligent robotics warehousing solutions.
Comparisons to other recent declines show a much slower slide at the pump.
Judge gives Maersk go-ahead to jump ship from GCT terminal in Staten Island.
Southwest Airlines is not used to losing money in any quarter or full year, but that will change in 2020.
The effect that the coronavirus pandemic is having on rail volumes could get worse in the coming weeks before things get better, according to executives.
“Transplace’s customers expect us to dig in and do the research that matters most to their business, and we deliver,” said Transplace Vice President of International Services Mollie Bailey.
Covenant continues to reshape the company in efforts to better focus on contract logistics and improve its financial structure.
Severe storms could slow down truckers tonight from key freight market of Dallas to near Chicago.
Canadian carrier Day & Ross is testing a hydrogen-injection engine technology that is said to reduce emissions. Plus, New York City is closing roads, ecommerce booms, and USMCA trade deal delayed
Revenue and profits look bleak for second quarter, but leading engine maker Cummins surprised analysts with better-than-expected first-quarter revenue and profits.
John Hagi of AIT Worldwide Logistics addresses the enduring impacts COVID-19 will have on last-mile delivery services.
Drones have taken on added importance with the coronavirus pandemic, offering ways to do tasks faster and without dangerous physical contact.
The smallest of the standardized ocean containers in the global fleet remains ideal for dense, heavy agricultural goods, forest products, and machinery shipments.
If it flies, it can be a cargo plane for coronavirus relief missions. Planes are being put to unconventional uses to support the coronavirus response, including cargo-only passenger aircraft with boxes in the seats or on the floor and heavylift cargo planes used by aircraft manufacturers to move wings and other aircraft sections.
78% of truck drivers posted positive comments regarding their morale, with many thanking carriers for supporting them, in the latest sign that carriers are effectively supporting their drivers.
Charging-as-a-service startup AMPLY Power raised $13.2 million from institutional investors Soros Fund Management and Siemens USA as it expands electric infrastructure management to commercial trucking from transit buses
The railway managed to boost its first-quarter net income despite the February rail blockades and the COVID-19 pandemic.