US import plunge inevitable as canceled sailings mount
Here it comes: Ports will soon feel full force of canceled box-ship sailings.
Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
Here it comes: Ports will soon feel full force of canceled box-ship sailings.
One adviser said he is processing “thousands” of applications.
Market share gains, growing order backlog and record sales of parts buoy truck maker PACCAR despite lower first-quarter revenue and profits
Investigators with the Transportation Safety Board are urging Transport Canada to consider revising track maintenance regulations since broken rail is appearing as a possible cause for two recent crude train derailments.
Prologis reports solid first quarter, but reels in guidance on COVID-19 headwinds. An uptick in demand is not likely until a vaccine is discovered.
Following Monday’s U.S. oil market meltdown, Trucking Freight Futures continued to move lower as the spot National contract fell 0.43% and settled at $1.388 per mile.
Customer service (in many forms) is the key to keeping and/or expanding business during the pandemic.
The Jacksonville, Florida-based ocean carrier finds continued demand for reefers among Central American and Caribbean fruit and produce shippers.
On road to recovery, Nicole Folz raises money to get more personal protective equipment in the hands of fellow truck drivers.
Heartland Express’ better than expected result was diminished by the lack of gains on equipment sales.
Employee counts at U.S. Class I railroads continue to be lower in 2020 than 2019, although total headcount rose slightly from February.
Waves of severe thunderstorms, flash flooding could delay freight flows from Plains to Southeast.
Mike Abbott of ATS LLC has his trucks towed, regardless of where they wreck, to Fitzgerald Collision and Repair in Livingston, Tennessee.
PACCAR Inc. posted decent first quarter earnings despite shuttering its plants in late March because of the coronavirus pandemic. While truck orders cooled, parts sales set a record as the truck maker tries to build on 81 consecutive profitable years.
Many shippers believe a TMS will streamline their operations and lead to greater profit. It is just one piece of the puzzle, though, that also includes freight auditing, benchmarking, and procurement strategies.
Documents will now be automatically scanned, categorized, grouped, and audited by HubTran, before being assigned to the correct load on the FMS platform.
Network Management Center enhancement improves connectivity and automation
A group of 75 owner-operators said they were protesting broker fees and high maintenance costs.
Some reports say crew killed Spirit of Hamburg mariner, while others point to an intruder.
U.S.-listed tanker stocks boast double-digit gains on historically awful day for crude-oil pricing.
Businessman Bob Mericle says he wants to do his part during the coronavirus pandemic by offering free truck parking at his 15-acre, 400-space lot in Strafford, Missouri.
Loan quality deteriorated slightly, but TriumphPay is growing fast.
From quarantine, Canadian truck driver Nicole Folz detailed her saga of falling ill hundreds of miles from home.
Temporary change could leave carriers vulnerable to disqualified drivers.
Airlines and analysts are lowering expectations for a quick bounce back in business this summer because there still is so much uncertainty about the coronavirus.
COVID-19 has not hurt cargo flows between the Pacific Northwest and Anchorage.
On today’s episode of WHAT THE TRUCK?!? COVID-19 survivors speak, the importance of PPE for truckers, latest news.
After a strong start to the week, Trucking Freight Futures finish mostly lower as freight fundamentals take hold.
By the end, owners of crude had to pay buyers to take it off their hands.
Portsmouth Marine Terminal will be closed while import volumes are down as a result of the coronavirus pandemic.
Bulker rates are rising, but not yet profitable, and market risks abound.
Daimler Trucks North America is recalling 63,175 trucks dating to 2005 because reflective tape near the mudflaps may be obscured, preventing a following motorist from seeing the truck ahead.
Descartes has been receiving questions from customers asking how to mitigate the impact of COVID-19 on their operations, employees, customers and carriers. The good news is there is a lot […]
“Without Opendock during the COVID-19 volume surge, it would have been a catastrophic failure,” said Lawrence Dillworth of Owens & Minor, a major medical supplier.
Identifying the packages that come in contact with infected individuals in the supply chain is vital to reduce the pandemic’s spread.
Zach Strickland talks about volumes hitting a floor over the weekend in the Carrier Update presented by PowerFleet, and then in the Rail and Intermodal Update, Anthony Smith and Mike […]
Sources say TQL postponed the start date of nearly 200 of its 400 new hires, citing the economic downturn and COVID-19.
The duty deferment applies to qualifying importers facing “significant financial hardship,” Customs and Border Protection said.
Waves of severe thunderstorms could delay freight movement this week from Texas to Georgia.
A major pilots union is criticizing airlines for allegedly skirting recommended best practices to protect workers from the coronavirus.
Two Swedish companies have formed a joint venture designed to provide supply chain end-to-end visibility down to the product level. Plus, more cash on the way for small businesses, auto inventories are clogging ports, and truck weight exemptions are being extended.
The grant application period is open for groups seeking federal funding for capital projects related to passenger and freight rail.
By partnering with analysts from both FreightWaves and DAT Solutions, event attendees on April 23 will have access to three sessions rich with fresh data.
Radio frequency identification has matured in terms of its cost effectiveness and efficiency over the past decade, the company says.
Group says more coordination needed to address insufficient supply of masks, hand sanitizer.
Etihad will operate a limited international route structure for the time being, but is busy running passenger and cargo charters and getting ahead on maintenance.
With what seems like nothing but time these days, my wife brought me an old boot box that my mother put together some 20+ years ago and said “Look what I found!!” We’ve been going through all sorts of things in the house, probably just like yourself. Not that I really wanted to do that, but I must say, I’ve learned a l
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Avocado imports from Mexico fare well during pandemic; Caterpillar’s Texas distributor building new factory; General Motors to make masks in Mexico; new logistics app aids supply chain.
The longer the coronavirus crisis continues, “the longer it’s going to take to get the ship righted,” says GPA Executive Director Griff Lynch.
Carriers are getting more notice to pick up loads. Is this a result of Amazon relaxing their service expectations?
Citing economic challenges tied to the coronavirus pandemic, as well as the need to focus resources toward targeted business units, Southern Refrigerated Transport (SRT), a solo-driven reefer subsidiary of the […]
From quarantine, Canadian truck driver Nicole Folz recounts the scary reality of falling seriously ill hundreds of miles from home during a less-than-truckload run in the United States.
CEO pay wlll be down 50%, other execs down 20% from May through July.
Volumes still searching for a bottom.
Companies with layoffs include Step Energy Solutions, Pioneer Frozen Foods, Zachary Industrial-LyndellBasell, Turner Industries and UTLX Manufacturing.
Risk is often assessed in terms of probabilities. The probabilities themselves are often calculated under the assumption of a bell-shaped (i.e., normal) distribution. This distribution assumes that extreme events are not likely. What if there are?
Big April gains at Southern California container terminals are deceiving.
On today’s episode of WHAT THE TRUCK?!? we’re talking to owner/operator Ingrid Brown about trucking during a pandemic, more
Lufthansa Group is putting a bunch of long-haul planes in deep storage. A smaller version of itself is busy transporting cargo and scooping up stranded travelers around the world.
Sector makes up 3% of $342 billion worth of COVID-19 payroll protection loans.
The railroad will be keeping tabs on operational costs as a way to hedge against the economic uncertainty brought about by the COVID-19 pandemic.
With the belt tightened at YRC, a covenant waiver and benefits contribution deferral are still required.
Company was also nominated in three other categories.
The U.S. government, hospitals and aid groups are relying on UPS, Atlas Air and other airfreight to speed deliveries of critical supplies.
Short-sea shipper says economic impact of COVID-19 has forced service disruption and employee layoffs.
Order cancellations and only essential replacement bookings dropped new trailer orders to just 6,500 units in March. Separately, Wabash National announced a two-week suspension of production and cash-conservation moves.
In this commentary by Brian Aoaeh makes the case that efforts by grassroots organizations in the fight against COVID-19 should be more fully accepted.
Startup wants its customers to be allowed an additional two hours in workday.
When you can’t move it yourself, call the Russians. They’ve got the AN-124 airlift that can move giant loads like mining equipment, industrial machinery and, in this case, rocket components.
TravelCenters of America is laying off more than 3,000 employees because its full-service restaurants are idle and stay-home orders keep most motorists off the highways.
Companies trading in the affected foreign markets will have to decide if shifting to other forwarders will justify the resulting high shipping costs.
Transforce, the logistics and driver staffing firm, has put together an extensive resource list for drivers regarding COVID-19. The company has made it available to carriers to download from the […]
KeyBank report mostly positive after discussions with management.
Cross-border movements of chemicals and petroleum products, as well as intermodal shipments, helped propel revenue higher.
The 19,200-TEU MSC Anna is retrieving empty containers piling up during the coronavirus crisis to return to Asia.
As the number of coronavirus patients continued to skyrocket throughout March, so did drivers’ concerns over their motor carriers’ sanitary practices and drivers’ need for personal protective equipment and hazard pay as they risked exposure to the virus while delivering essential supplies across the country.
A former Stradis executive has been charged with sabotaging electronic shipping records, which delayed the delivery of critical personal protective equipment to healthcare providers
The current $61 billion set-aside for the domestic airline industry left out the forwarders.
Kodiak Robotics, the Mountain View, California-based autonomous trucking company, has laid off about 20% of its staff, The Information reported Thursday, raising new questions about the ability of autonomous trucking […]
Other segments at the truckload carrier had weaker performances.
The company says its “disposal’ of 300 locomotives and its plans to sell 400 more are due to precision scheduled railroading.
The FAA is making it easier for airlines to survive the current economic crisis by quickly ruling on how to carry cargo in the passenger cabin and relaxing takeoff and landing quotas.
Pandemic yet to heavily impact Caribbean container transshipment but fallout looms.
On today’s show: PPP, economic recovery, economic impact payments, SONAR powered freight flows, more.
It was a mixed Wednesday in the Trucking Freight Futures markets as the spot National contract (FUT.VNU202004) fell fractionally to $1.403 per mile with macroeconomic factors continuing to weigh on rates.
Although April is no longer officially Distracted Driving Awareness Month, drivers of all kinds should focus on preventing this deadly issue
Workhorse Group is seeking additional patent protection for its truck-based HorseFly drone because it thinks touchless delivery will carry over to the post-coronavirus world.
Prominent transportation leaders are part of a business task force offering ideas on when and how to lift coronavirus restrictions.
Pricing power shifts towards the shippers in a major way this week. Contract freight volumes are now at Labor Day 2019 levels and are poised to go lower. Rejection rates are encroaching on a rare 4% mark, and spot rates are in the bin.
U.S. retail spending fell by 8.7% last month; oil demand to fall by 29M barrels a day in April; companies look to diversify procurement geography.
Reports of deaths tied to maquiladoras come at a time when Mexican trade groups are pushing to reopen factories that have been shut down because of the coronavirus.
American will penalize shippers who don’t show up or cancel a booking at the last minute, while Delta is adding more capacity for its scheduled cargo routes to Asia.
It has gone through $350 billion; what was transport’s share?
Carriers can now submit bids for loads and receive feedback on select loads directly in the app.
Diminished railcar demand and COVID-19 headwinds force railcar maker to halt production and trim staff.
Electric and fuel cell truck maker Nikola gets its pick of candidates as job insecurity led so many to apply that Linked In briefly shut down CEO Trevor Milton’s account.
The WHO is trying to reduce the chaos of countries competing for coronavirus medical supplies by acting as a logistics control center.
The Seattle-based digital freight network will pay 100% of trucking costs for food bank donations
The pandemic’s economic toll has hit all sectors of transportation, including rail. Read how railroads can manage costs during this global crisis.
A new integration between TruckPark and Trucker Tools will allow users of the Trucker Tools app to reserve parking spaces in the TruckPark network inside the app.