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The COVID-19 outbreak is jeopardizing half of all American jobs, Moody’s reports. Plus, United’s CEO says the outbreak is worse than 9/11; U.S. factories face closures; and Seattle cargo terminals shut down.
The midstream logistics provider and the on-site rail services company say their alliance will provide cost efficiencies at the first and last miles.
Alameda County officials say the Oakland port and airport are too critical to close as part of quarantine.
The rule went into effect at 12:01 a.m. Tuesday.
Drive-thru testing sites don’t necessarily accommodate big rigs
To get a leg up on the competition, recruiters are turning to Tenstreet to help them expedite the onboarding process through its automated platform.
Before the coronavirus became a pandemic, used truck sales posted their best performance in two years as low prices and seasonality combined to boost an otherwise slow market for older equipment.
The coronavirus is becoming an existential threat to the airline industry and companies are taking drastic steps to minimize financial losses.
For nearly 15 years, the American Logistics Aid Network (ALAN) has been in the thick of relief and recovery efforts in disasters ranging from hurricanes to tornadoes, from tsunamis to […]
FMCSA order sparks confusion over what is considered emergency relief.
Why are share prices and tanker freight rates going in opposite directions?
“With ongoing challenges posed by the coronavirus, there is real concern about these fees being assessed when there are equipment issues beyond the control of the shipper or motor carrier,” 67 trade associations told the Federal Maritime Commission.
While operations across the country have not been interrupted, visitors should stay away.
Travel plazas are balancing social distancing to prevent the possible spread of coronavirus with providing food and services to truckers, whose dining options in some cases are limited to drive thru and carryout.
For fleets that run throughout the day and need high utilization, hydrogen fuel cells offer great value for investment, while also creating zero emissions.
Some port terminals will be closed Tuesday in honor of Teddy Gleason even though the former ILA president wasn’t born on St. Patrick’s Day.
The Canadian government leaves crucial openings for the movement of goods and U.S. citizens as it introduces an extraordinary travel ban because of coronavirus.
Investors appear increasingly worried that the coronavirus will spark a global recession with no quick bounceback.
ILA leader says presidential candidate has been a longtime friend and supporter of the union.
Stifel Financial’s conference call with industry executives forecasts supply chain disruption extending to July or longer.
Canceled vessel sailings are resulting in too many intermodal containers at the ports and limited container availability inland.
FreightWaves’ OTRI is now higher than it was a year ago
Trucking Freight Futures posted moderate gains across the board on Friday to wrap up a tumultuous and volatile week.
Maintenance departments within fleets may face labor shortages, and St. Pierre wants fleet managers to know that TTN was founded to assist in times such as these.
More than 2000 C-level executives were projected to attend FreightWaves LIVE ATL. The event has now been moved to a virtual experience.
The Commerce Department’s Bureau of Industry and Security said the 24 companies and individuals added to the Entity List pose a U.S. national security and foreign policy risk.
The modifications include extra precautions that follow CDC guidance.
FreightWaves SONAR can help those in the freight industry stay current with what is happening in transportation and logistics during the coronavirus pandemic.
Texas Governor Greg Abbott initiated several measures aimed at keeping commercial trucks moving to deliver supplies to grocery stores.
Freight brokers expect spot rates to ramp this week, but the long-term outlook is uncertain.
Deutsche Post World has lowered its guidance for the year and cited Amazon’s continuing insourcing of logistics as a major reason. Plus, Goldman Sachs is predicting a 5% contraction in the economy, labor shortages could hamper restocking of shelves, and the Fed slashes interest rates.
Weekend storm produced heavy snow, strong winds, road closures in Sierra Nevada. Threat continues today.
Coronavirus has strained supply chains and had a huge impact on the movement of freight.
Members of the U.S. House of Representatives have formed the Supply Chain Caucus. Read why this is important for all of us.
“The American public should be aware of bogus home testing kits for sale either online or in informal direct to consumer settings,” U.S. Customs and Border Protection said.
Rose Rocket’s order management platform integration with Geotab’s system gives trucking companies more tools to offer shippers, including track and trace and real-time ETA
Crafting a mission statement and values for TravelCenters of America is among myriad tasks veteran turnaround expert Jon Pertchik is taking on in his latest project.
Grocery stores curtail hours and enforce limits on staple purchases as coronavirus-induced panic buying empties store shelves of many items. High-touch retailers shutter stores.
American Airlines is cutting 75% of international wide-body flights because of the coronavirus, shifting bellies full of cargo to freighters that will increase shipping costs for automotive manufacturers and commodities from salmon to fashion wear.
Attorney general argues federal rule does not preempt law impacting independent contractors.
Each week, FreightWaves will release a short video highlighting the top moving markets around the country using our proprietary datasets. Included in this weekly update will be a combination of […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Walmart opens new distribution center to meet e-commerce demand; border officials lobby for funding of new truck and railway bridges; two Texas seaports receive $39 million for improvements and expansion; Mexican manufacturing association creates coronavirus prevention task force.
Import volumes are showing the first signs of recovery since the initial decline in early February.
The logistics professionals, shippers, warehouse operators, dispatchers, brokers, and most importantly, truck drivers step up and provide an orchestrated effort to ensure the safety and well being of our country.
‘Non-exhaust’ emissions garner attention as major source of air pollution
New travel restrictions between the U.S., U.K. and Ireland will further inhabit the flow of freight into the U.S.
Apple (NASDAQ: AAPL) announced today that it is closing all its retail stores outside China in response to the COVID-19 (coronavirus) pandemic. The company has about 500 stores globally and […]
In my previous life as a Truck Dealer, I habitually tracked our Gross Margin on both the Sales as well as the Parts/Service side (it was our lifeblood). Further, through my participation in benchmarking within the Dealer market, it reinforced the value of:
Identifying and measuring your fixed and variable expenses relative to each other
Always striving to increase Gross Margin (Revenue minus Variable Expenses)
Despite already wrestling with a challenging trucking industry, the situation is growing increasingly tougher as the Coronavirus (COVID-19) continues to spread. As capacity goes through a state of flux, and the shipping community gets challenged with matching capacity with oscillating inventory and manufacturing challenges, the country’s trucking community will continue to find solutions.
Along with medical professionals and public health officials, truckers are also on the front lines delivering critical medical supplies, food and other essential items to hospitals and stores.
The waiver will run through April 12 or the end of the emergency, whichever is first
Now in sync with lower tractor orders after equipment ordering binge, trailer bookings recorded their softest February since the Great Recession as coronavirus concerns gave fleets another reason to stay out of the market.
New all-time high for volumes
Federal agency would be following in the steps of several states that have already granted such exceptions.
Uber Works helps temporary workers connect directly with companies posting jobs via its digital marketplace and ensures workers get paid without delay.
Class 8 truck manufacturers so far are staving off production cuts and layoffs, but they are watching their supply chains carefully for disruptions from the coronavirus that could further reduce already tepid demand for new equipment.
The Office of Foreign Assets Control added Russian oil company overseas affiliate TNK Trading International in Switzerland to the Specially Designated Nationals and Blocked Persons List.
Visibility startup ensures compliance by taking corrective action in real time.
North American trade agreement clears last major hurdle, but more immediate questions loom about the free flow of freight between Canada and the U.S. amid talk of tighter border controls.
ATA says it expects a waiver. States are already granting them.
Ports on East and West coasts do expect cargo surge as manufacturing ramps up in China following coronavirus-caused shutdowns.
The latest blow for the airline industry came when President Donald Trump announced Wednesday that travelers from 26 European countries would be barred from visiting the U.S. for 30 days.
The domestic supply chain has started to see both the positive and negative effects of the coronavirus. On today’s WHAT THE TRUCK?!? it’s this week in freight.
The Commerce Department’s Census Bureau and Bureau of Industry and Security believe an upcoming proposed rulemaking may resolve the regulatory confusion for required export data.
The $248.5 million in grant funding goes to support local and state projects.
Agency is working to reschedule the all-day event that had been planned for March 19.
American Association of Port Authorities and Women’s International Shipping & Trading Association among organizations canceling meetings.
Trucking Freight Futures finish higher on Thursday as capacity tightened to meet demand of panic buying caused by the coronavirus pandemic.
As the world reels from coronavirus, crude-tanker owners are raking in massive returns.
Move is next step in group’s fight against “unconstitutional” regime.
Are there too many railroad freight cars? Jim Blaze writes about many reasons why this is the case.
Cross-border freight executive says “supply chain must remain intact” as Canadian government looks at placing more restrictions at the border with the United States.
Biggest snowstorm in three months coming to the Sierra Nevada this weekend.
Norfolk Southern and Union Pacific say they have contingency plans should the coronavirus threaten to disrupt operations.
“Right now, I believe most ocean carriers and marine terminal operators are acting responsibly and fairly in these challenging conditions,” FMC Commissioner Daniel Maffei said.
Plus: Amazon VP of delivery experience departs; Western Star teases new vocational truck
Drones can speed up delivery times dramatically, but for the technology to be commercialized, a number of regulatory hurdles need to be cleared.
The Canadian oil and natural gas producer cited falling crude prices as a reason for temporarily stopping crude shipments via rail.
Steering advances, integrated steps over DEF tank among enhancements truck makers are bringing to market amid a continuing slowdown in new equipment orders
CDL 1000 aims to revolutionize street turns by automating the process, cutting out inefficiencies and improving speed.
As experts predict price increases and late deliveries from coronavirus, some industry insiders say the threat is overblown.
Due to the rapid spread of the novel coronavirus, COVID-19, the world’s airfreight industry is flying in uncharted skies.
“The tremendous pressure on the surface thoroughfares was at once relieved.” Nation’s first subway built to keep people off streets during blizzards.
European travel ban won’t affect trade, agency confirms.
CLS has specialized in last mile delivery, expedited LTL, cross-border transportation, sprinter vans, box trucks and e-commerce fulfilment.
Virus-related demand headwinds bring fresh declines in February Cass data. Visibility into a potential trucking recovery is further clouded.
Most companies are right near the 25% decline in the market since February 1.
Show organizers canceled Mid-America Trucking Show on Thursday amid coronavirus threat.
Coronavirus is having an impact on many industries. One of those impacted is the global seafood industry.
Insurance spikes can be attributed to the ongoing threat of nuclear verdicts.
Charters between Germany and China rise as logistics provider readies for “whatever happens” in coming weeks.
Technology is an important part of the customer journey, but companies often don’t understand how important it actually is.
Coronavirus left containers scattered in the wrong ports. Liner companies are trying to get them back into position.
American consumers are panic buying goods from every aisle. To meet this spike in demand, shippers must procure trucking capacity at higher-than-contracted rates creating a significant 15 point swing to the carriers.
Trucking Freight Futures finished Wednesday’s session mixed as the East region shows strength on fundamentals and volume of imports.
“It’s not unusual for us to get big storms in the Sierra in March.” Several feet of snow, road closures possible this weekend in Mountain West.
The drop in weekly intermodal volumes in North America could be a reflection of the impact of coronavirus on the supply chain.
FreightWaves has found a correlation between freight rates and diesel prices that aren’t necessarily beneficial to drivers.
New report highlights the industry’s efforts to recruit and retain drivers as it warns that vacancies will swell above 25,000 in Canada.
Carol Tomé named new CEO at UPS. David Abney to retire at the end of 2020 after a 46-year career.
