News

The clear difference between contract and spot rates.

Airlines face a long drought in business and are scrambling to cut costs and raise money, but there’s no guarantee all of them will survive.

Record volumes cool considerably

Many states have now issued exemptions for carriers hauling critical supplies to exceed 80,000-pound weight limit

FreightWaves LIVE @ HOME will still feature the rapid fire demonstrations that FreightWaves events are known for, giving companies across the industry a chance to showcase their most innovative products in a fast and fun environment.

n a webinar, the law firm also discusses getting out of contracts when rates get wild.

CEO Matt Pyatt said some industries served by Arrive are shipping less freight.

Tanker shares fall back as crude-oil prices surge. What comes next?

Bob Costello expects many trucking companies to go out of business before the economy recovers from the recession caused by the coronavirus pandemic.

Airlines are in survival mode and could permanently rid themselves of older aircraft in effort to help financial recovery.

On today’s episode, Dooner and The Dude are covering headlines concerning the grocery supply chain and if we’re running out of food, more manufacturers aid in making face masks as shippers pivot, and what new overweight waivers mean for carriers.

Drivers may receive more warnings, fewer walk-around inspections for violations.

FedEx provides a rather dim near-term outlook on operations and announces cost savings and balance sheet actions to preserve liquidity.

In an interview with FreightWaves, TRAC Intermodal President and CEO Jennifer Polli describes how her company is handling its business operations against the backdrop of the coronavirus pandemic.

The weekly DHL Supply Chain Pricing Power Index continues to favor carriers, but the index has fallen from last week’s high as freight volumes start dropping off.

Mayor taps Gene Seroka to locate and deliver medical supplies critically needed during coronavirus pandemic.

Trucking Freight Futures finish Thursday’s session mixed as the Dallas to Los Angeles lane (VDL) continues to rise.

Despite COVID-19 concerns, the Port of Alaska and ocean carriers calling Anchorage insist that ships loaded with containers will continue to arrive on schedule.

uShip was founded in 2004 as an online shipping marketplace that matches customers needing to move unusually large items with thousands of transport companies that have extra cargo space.

“This one looks pretty good for early April.” Late season snow storms could delay freight flows through eastern California.

In a race against time, many are relying on the air freight industry to get critical goods to their destinations.

“These new tools are free of advertising and exist solely to help with information and resource sharing for professional drivers and fleets,” said Frank Adelman, Transflo president and CEO.

QuickPay gives fleets access to same-day payment on the loads they deliver.

3M pushes back as Trump pressures company to keep all domestically produced N95 masks within the U.S. as hospitals and healthcare workers encounter shortages of personal protective equipment as they fight COVID-19.

Dealing with a crisis requires innovation and Delta Air Lines doing that on several fronts. Now it is switching gears and making face shields for hospital workers.

Plus: Coronavirus clears the air

Anthony and Zach discuss the swelling unemployment numbers as well as the plummeting freight volumes and what the endgame might look like for the COVID-19 outbreak.

Jim Blaze looks at the declining need for railroad tank cars. Why is this happening and what’s next?

On this week’s Drilling Deep podcast, host John Kingston welcomes Mike Baudensitel of FreightWaves to discuss whether the nation’s rail and intermodal sectors are getting any sort of lift from […]

A pilot’ union says airlines need to be held more accountable for protecting cockpit crews from the coronavirus, but at the corporate level all airlines appear to be taking health guidelines very seriously.

The Eastern U.S. railroad joins CSX and Union Pacific in warning the Securities and Exchange Commission that it could see potential operational and financial impacts because of the COVID-19 pandemic.

No one was prepared for the global shipping disruption caused by COVID-19, but Mike Meierkort said Damco’s resiliency program is “the closest thing to having a playbook.”

The coronavirus pandemic resulted in half as many year-over-year orders in a month when comparisons were expected to be easy. With truck makers suspending production, even the paltry bookings will go into backlog.

Vertical integration boosts a marijuana e-commerce company as the pandemic fuels a boom in cannabis sales

Early season snow melt, potentially excessive spring rainfall could flood Plains, Midwest again.

States allowing 100,000-lb. trucks making a difference for resupplies during COVID-19.

Arrested Pacific Harbor Line locomotive driver apparently thought the Navy hospital ship was not at the Port of LA to do good.

Coronavirus will inevitably infect more seafarers. How ports respond will be pivotal.

Major truck manufacturers extend production suspensions as the coronavirus pandemic worsens. J.P. Morgan upgrades PACCAR and holds a neutral rating on Navistar.

Atlas Air and National Airlines are handling relief missions for the Federal Emergency Management Agency.

Drivers should closely watch the market and adapt to the freight in high demand.

In an effort to fight COVID-19, Laredo officials are requiring people to wear face masks when entering a public building, pumping gas, riding in public transportation or traveling by a rideshare vehicle.

National freight volumes and tender rejections are falling as fast as they rose. Carriers remain in slight pricing power position, but their footing is slipping with each passing week,

What might a post COVID-19 world look like for financially viable carriers that have managed through the uncertainty? Nobody knows for sure, but here are some possibilities.

With opinions from experts Steve Ferreira, CEO & Founder, Ocean Audit LLC, Lori Ann LaRocco, Sr. Editor of Guests, CNBC, and Bob Poulos, CEO, V3 Transportation

The decontamination teams are qualified to eliminate COVID-19 contamination on every possible surface.

March Trucking Freight Futures contracts move to expiration as April “rolls” in as the spot month on Wednesday.

U.S. Customs and Border Protection said it will do its part to keep imports of medical gear flowing efficiently into the country.

Freight forwarders “luv” Southwest Airlines, but it remains to be seen if they’re ready to charter an entire airplane versus using regularly scheduled passenger flights.

Cross-border trucking and logistics company Titanium Transportation Group explains why it decided to haul a load of N95 masks for free.

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  There are certain markets that the average person […]

The state’s governor Jay Inslee signed into law a bill that says a freight train crew must have at least two crew members.

What might a post COVID-19 world look like for financially viable carriers that have managed through the uncertainty? Nobody knows for sure, but here are some possibilities.

Tyson Foods plans to pay drivers and essential personnel $60 million in “thank you” bonuses for service during the pandemic.

RoadSync is a digital payment platform offering services that help solve inconsistencies within paper-based invoicing processes in the freight industry.

Snow, ice could delay long-haul truckers between Midwest and Northwest Thursday, Friday.

Chris Henry writes about the true costs of “unseated” trucks and what carriers can do to keep their number of unseated trucks as close to zero as possible.

Motor vehicles carloads fall nearly 67% as the coronavirus pandemic keeps buyers away from showrooms.

After a surge in freight over the past few weeks, UBS transportation analyst Tom Wadewitz is predicting a rough two months.

The latest regional survey conducted by the Federal Reserve Bank of Dallas shows that general business activity for manufacturing in Texas declined to -70 in March.

Airfreight business started to fall fast in February, and the losses are picking up steam as the global economy is frozen in time by the coronavirus.

FIATA questions the reasonableness of assessing demurrage and detention charges against shippers and forwarders during pandemic.

Trucking companies have different takes on seeking Small Business Administration loans. Some would prefer financial help go to those that most need it.

Worker petitions gain steam as driver and warehouse worker concerns about safety and financial impacts of COVID-19 intensify

Toll authorities from coast to coast have suspended cash payments to limit the spread of the coronavirus between toll collectors and drivers.

Roadrunner Transportation Systems announces the sale of another business unit, this time unloading Stagecoach Cartage and Distribution.

French carrier reports entire 500-vessel fleet is free of coronavirus cases.

Canceled sailings surge, schedule reliability sinks and import demand evaporates.

Airlines are seen as a critical link even as passenger travel sinks to record lows and carriers downsize fleets.

Trucking and travel plaza trade groups urge states to cut slack to truckers delayed by overzealous social distancing so critical freight can keep moving during coronavirus pandemic.

All brokers from the acquired company will stay with Fitzmark.

Coronavirus-caused supply chain disruption has led to port congestion but has not burned reefer market.

A 10,000 mile hedge was executed on Tuesday in the July 2020 East Regional Trucking Freight Futures contract at $1.628/mile.

Global container carrier sails deeper into North American warehouse and distribution services.

logistics workers demand hazard pay; customer traffic fell across storefronts last week; supply chains will diversify post-epidemic.

A new front has opened up in the battle over AB5 as both sides use the COVID-19 pandemic to bolster their positions on the controversial labor law

Zach Strickland examines capacity loosening quickly at the end of March in the Carrier Update presented by PowerFleet. Then in the Shipper Update, Andrew Cox and Anthony Smith discuss the […]

Snow storm could delay long-haul drivers between Midwest and Northwest freight markets.

It’s imperative that consumers standing in line for a vaccine aren’t receiving a vaccine only 60% effective, because it went out of temperature range.

Another government-underwritten load of medical supplies is headed to Southern California to help respond to the coronavirus.

Two opposing forces are making the task of transportation management more difficult than ever.

Assistant Commissioner Todd Owen said additional reimbursable services agreements help Customs and Border Protection facilitate commerce during COVID-19 pandemic.

The Department of Labor has issued new guidance on the Families First Coronavirus Response Act that may not require companies to offer paid leave in certain situations.

FedEx (NYSE: FDX) and its subsidiary TNT International are placing surcharges on all international parcel and freight shipments. The changes go into effect April 6. The changes were described as […]

BMW Group has initiated the “PartChain” project to create an industry-wide solution for secure data-sharing.

The railroads say the coronavirus pandemic could influence their financial results in 2020, but how deep that impact will be will depend on how long the pandemic lasts.

The Comfort and Mercy, now assisting America through the COVID-19 pandemic, started as crude oil tankers.

CNBC’s Lori Ann LaRocco provides commentary on how the Phase One trade deal between the U.S. and China has not worked as thought, at least to date….

Almost 24% fewer truck drivers entered Canada from the U.S. last week than a year earlier, a sign that COVID-19 is hurting cross-border freight.

The railcar manufacturer shut down the Shoals facility for seven days after an employee contracted the coronavirus.

On today’s CFMU we will be talking about the economic impact that covid-19 is having on freight and the transportation industry. They’ll cover the latest news and freight flows backed by data driven insights powered by SONAR.

As most of the transport sector suffers, crude-tanker owners haul in boatloads of cash.

In a letter to employees, company’s CEO cites big drops so far and more to come.

The global pandemic is forcing airlines into a protective cocoon to survive, but many workers are feeling the effects first-hand.

Leader of container and chassis provider organizations heartened to see cooperation during the coronavirus crisis “to minimize the impact for the greater good.”

Sick seafarer has been isolated on board the container ship off the coast of Spain.

Pinnacle Logistics, Tincup Water Solutions, Maines Paper and Food Service, as well as auto parts suppliers Trico Products Corp. and Kirchhoff Automotive Dallas, all recently announced job cuts.

“This contract extension provides stability for both UPS and our pilots as we jointly face unprecedented times in our industry,” said IPA Union President and Capt. Robert Travis.

DOT’s final rule could mean millions fewer zero-emissions electric vehicles sold.

The demand for coronavirus medical supplies is so great that passenger aircraft are being repurposed for cargo service, logistics companies are chartering those airplanes and full freighters, and governments are setting up air pipelines with logistics partners.