News

As millions of American sales people transition to the new normal of selling from home during a crisis, PTCD offers some advice

SeaIntelligence Consulting CEO says impact from pandemic could total about 10% of global volumes.

It’s a full red alert for the airline industry as the coronavirus crushes travel demand. Companies are racing to shore up their finances as revenues dry up.

Long-haul truck drivers can teach people a thing or two about how to fend off the loneliness and boredom that accompany long periods of isolation.

The move comes after the state got hit with criticism for its move.

USNS Comfort will be dispatched to New York Harbor; USNS Mercy will be sent to West Coast site.

Companies from all corners of the freight ecosystem are beginning to implement layoffs as an economic downturn starts to take hold.

While USDA and FDA staff and resources become constrained by the coronavirus, the agencies continue to work with industry to protect the health of the food supply chain.

Oil exporting countries might lose upto 85% of income this year; big 3 automakers partially close plants; Amazon suspends shipment of non-essential items.

Trucking Freight Futures rally as the April National contract trades at $1.375/mile with more companies returning to the market to hedge their exposure to freight rate volatility.

As the coronavirus pandemic continues, it is causing customs brokers and third-party logistics providers to adapt their day-to-day office operations.

“Hundreds of aftershocks” could follow magnitude-5.7 earthquake that shut down airport, rail services in Salt Lake City.

Shen was previously chief operating officer and president.

The bills call actions such as setting federal penalties for blocked crossings and allowing funding for the construction of more rail-grade crossings.

Heavy snow, blizzard conditions may stall growing Denver and Salt Lake City freight markets for a brief time.

DMV flexibility, coronavirus testing among requests as potential for supply chain disruption grows.

The Trump administration notified Congress that it will begin bilateral trade agreement talks with the East African country.

It’s not exactly “Extreme Makeover,” but passenger airlines are flipping their planes into cargo haulers. Desperation breeds innovation.

U.S. Customs and Border Protection attributed the cancellation to “the unprecedented situation related to coronavirus (COVID-19) across the country, and the closure of our testing centers.”

Deal would allow goods to continue to flow between the U.S. and Canada to preserve vital cross-border trade relationships.

Waymo announced that it will stop driver-monitored self-driving taxi services in Phoenix, Arizona. However, truly autonomous taxis will continue to function.

Bulkmatic Transport of Griffith, Indiana, has acquired Illinois-based Paris Transport Inc. to add capacity and improve customer service.

CEO Jim Newsome says the SCPA is “working full steam” to meet its obligation to keep the supply chain fluid during the coronavirus crisis.

The current crisis is stress-testing the technology of many transportation companies.

Economic uncertainties, including the prospect of a coronavirus-induced recession, could spur the railroad to update its 2020 guidance.

Exemption needed to protect against COVID-19-related fuel shortages, groups assert.

And a small loadboard company gains hosannas for offering…five parking spots.

Company suspends fiscal 2020 earnings forecast due to COVID-19 outbreak

Lois Zabrocky explains how two black swans — the outbreak and oil price war — reshaped the market.

Travel demand has plummeted in Australia and New Zealand, as it has elsewhere, and major carriers to the island nations are quickly matching their footprint to business levels.

The CBP Laredo Field Office oversees U.S. ports of entry along the Mexican border in the cities of Laredo, Roma, Del Rio, Brownsville, Eagle Pass, Hidalgo, Rio Grande City and Progreso.

It won’t be the last opportunistic e-commerce acquisition we see.

Stifel Financial sees an OK first quarter, but the picture gets less clear after that, with risks to second-quarter earnings estimates.

The FMCSA hours-of-service waiver has sparked confusion over what is considered emergency relief.

Carriers subcontracting with feds may have access to delivery extensions.

Lev Aslan Dermen was convicted on multiple charges involving business connections to brothers Jacob and Isaiah Kingston, who were convicted in 2018 for their role in a massive biodiesel tax scheme.

Crude-tanker rates are skyrocketing, but leading analyst Michael Webber urges caution.

The Trucking Freight Futures markets finished Monday unchanged to mixed, pointing to continued tightening of spot market capacity.

LoadStop provides a TMS solution that has a built-in compliance manager and an autonomous dispatcher that helps fleets find best-match loads in the spot market.

The Harris County Toll Road Authority, which operates most of the toll roads in Houston, has eliminated cash payments from its booths during the global coronavirus pandemic.

But bathrooms may stay shut, Stewart says.

Office operations that remain open implement CDC guidance to protect employees from spreading or contracting COVID-19.

Ontario Premier Doug Ford says supply chain must keep moving as the province bans large public gatherings and closes restaurants – but leaves key openings that should help freight demand amid coronavirus pandemic.

Heavy snowfall, 50-mph winds heading to one of the fastest growing freight markets in the past month.

Amazon.com, Inc. plans to add 100,000 workers, increase hourly wages and limit items received into its fulfillment centers in response to the coronavirus outbreak.

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.