News

A feeling of relative stability returned to the Trucking Freight Futures markets on Wednesday.

2020 is shaping up to be a difficult year for the airline industry because of the coronavirus and uncertainty over when demand for China travel will pick up once the outbreak has subsided.

Rejections, lead times down in southern markets despite snowfall forecast.

Average income for independent owner operators dropped in ’19, but maybe not as much as you might have thought.

As I wrote last week, the driver is the thermostat to trucking capacity. In my work, I have the greatest opportunity to meet and facilitate driver advisory boards. These driver advisory boards are made up of professional drivers and independent contractors that have open discussions with carrier management on how they can both make the company, the lifestyle, and their chosen career better. It’s a refreshing engagement with the folks that just plain get it done every day.

LNG growth expected to double by 2040; shipment volumes in U.S. plunge y-o-y; grocers take control of shelf space.

The 2018 Frank LoBiondo Coast Guard Authorization Act clarified and enhanced the U.S. Federal Maritime Commission’s authority over licensed ocean transportation intermediaries.

Year-to-date U.S. rail traffic is over 6% lower than the same period in 2019.

Private equity firm Stonepeak hopes the acquisition of TRAC Intermodal, a marine chassis pool manager and equipment provider, will beef up Stonepeak’s infrastructure and transportation market portfolio.

Heavy-duty transmission maker Allison reported lower sales and profits across its product line with its North America on-highway business the sole exception.

Electriphi provides solutions for vehicle electrification and has developed a charging and operations management platform that is built over open standards.

CalAmp introduces iOn Tag and iOn Vision solutions that will improve operations, provide long-term cost savings and enhance driver safety.

FreightWaves partnered with Blackburn Energy on an infographic detailing the benefits of truck electrification.

Grupo Bimbo, through its subsidiary Moldex, will build around 1,000 electric trucks annually for its own fleet, as well as sell units to other companies.

The Bureau of International Security and Nonproliferation ordered the revocation of export licenses linked to violators of the Iran, North Korea and Syria Nonproliferation Act.

Outlook of world’s largest container line hinges on timing of coronavirus containment.

The study hopes to produce data that will persuade shippers and cargo owners to move freight using a “marine highway.”

Amazon drops more logistics providers, citing safety, performance issues as thousands of delivery drivers across the country who work for small and medium-size logistics companies that contract with Amazon.com found out in mid-February they may lose their jobs in April

“I would hope that if it were my kids, that someone would stop and help them.”

Incident captured on video on Manitoba highway underscores high stakes and worsening tensions across the country as anti-pipeline protests severely disrupt Canadian supply chains.

The rail equipment manufacturer and lessor managed to increase quarterly revenues despite a slump in North American railcar demand.

U.S. Customs and Border Protection officers at International Falls, Minnesota, discovered the illegal product in two 40-foot containers from China.

Knight-Swift Logistics will be part of a pilot program that will test DAT Solutions’ new Book Now automated freight tendering solution.

The German container shipping line credited improved freight rates as well as rigorous cost and revenue management for the huge gains.

Acquisition of California-headquartered Performance Team designed to strengthen the shipping giant’s ability to meet customers’ end-to-end supply chain needs.

The group is part of the company’s strategy to transform into a data-driven solutions provider.

Headwinds from one-time expenses, geopolitical tensions in Asia and the grounding of Boeing 737 MAX aircraft kept Air Canada from growing profits in line with stock market expectations.

Swollen inventories of heavy-duty trucks must shrink or manufacturers will need to cut production further to keep the industry order bank from declining further, ACT Research says.

Asian refineries suddenly have too much gasoline, diesel and jet fuel. Buyers in the West are taking the overflow, a plus for product tankers.

After taking a holiday breather, Trucking Freight Futures continued their February swoon on Tuesday.

Media outlets have customers just like any business, and both want positive results for their customers, so there is a mutual benefit to working together.

Canadian National lays off employees, industry groups warn of significant supply chain disruptions and government and First Nations leaders continue to discuss the multi-day protests that have blocked portions of Canada’s rail network.

The “Amazon Effect” continues, moving in multiple directions at the same time. Here are six ways Amazon’s fast delivery is changing shipping.

Snow, slush could slow down freight flows from Appalachians to East Coast.

We examine two historical freight market troughs, 2011 and 2013, to understand current dynamics.

Ellen Voie suggests attracting more women starts with changing your company’s culture.

The Canadian Trucking Alliance calls for an end to disruptions to Canadian National’s network as it warns of effect on intermodal carriers and the broader industry.

ATRI’s annual study finds significant congestion up 92% in five years.

The Eastern U.S. rail company cites declining coal volumes and fewer utilized locomotives as contributing factors for the closure.

Partnering with the right 3PL provider allows access to a far-reaching carrier network, expansive capacity and a full spectrum of tools and resources.

Railroads once carried much of the fresh produce across the U.S. Can they do it again? Jim Blaze explores the topic in his latest commentary.

The Florida port set records in 2019 and scored a harbor deepening funding win early in 2020.

This is part of our ongoing weekly feature called the “Online Haul of Fame.”  FreightWaves will feature companies that have had a lasting impact on the trucking industry, past or […]

The bankruptcy of several trucking firms has impacted capacity and U.S. trailer availability in Mexico, forcing companies to look at different ways to keep freight rates low.

ALC president sees little overlap in customer base.

Declines in Cass data accelerate but report calls for rates to inflect higher in 2020.

Shipper insights and sentiment for freight rates and volumes over the next three months

Dairy Farmers of America (DFA) announced it submitted a $425 million offer on Monday to buy most of bankrupt Dean Foods’ assets.

The mission is to make the yard environment cleaner and more efficient, Outrider CEO says.

A trucking company recently asked a federal court in Arkansas to reconsider its decision certifying a class of drivers based on allegations that time spent in a sleeper birth should be counted as hours worked under the FLSA, due to a newly released Department of Labor (“DOL”) Opinion Letter.

The rail equipment and locomotive manufacturer eyes freight opportunities abroad amid a sluggish North American freight rail market.

Cost to ship containers from China is down 6-8% but dearth of cargo may limit discounts.

The Office of Foreign Assets Control has added the Swiss-based oil brokerage arm of Rosneft Trading to the SDN List for its recent arrangements to transport sanctioned Venezuelan oil.

Truck drivers in Brazil began a protest on Monday, aiming to disrupt operations at the Port of Santos.

The second half of 2020 is shaping up to be either very good or very bad for dry bulk shipping.

Two updates for Tuesday on the shooting of a truck driver last Friday at a TA facility in Oklahoma. A spokeswoman for TA released this statement: “TA is aware of […]

Looking like a scene from the Fox drama “24” where Kiefer Sutherland deals with biological weapons, technicians in hazmat suits spray down Volga-Dnepr cargo planes with disinfectant and take other precautions against the coronavirus.

Nothing fires up the trucking community like a strong opinion on the driver shortage. From its inception, FreightWaves waded into the conversation, balancing perspectives from both ends of the continuum. […]

The Artic Ocean may be the next area that sees the superpower nations “rubbing up” on each other in search of faster ocean passage and a new source of natural resources.

With Trucking Freight Futures closed on Monday, new SONAR futures spot month data combined with the forward curves point to a continued soft rate environment.

Logistics continues to adapt due to globalization and technological innovations. This article explores trends that may change logistics in 2020.

Fifteen projects net funding from the U.S. Department of Transportation’s Maritime Administration.

Gusty winds, up to a foot of snowfall could slow down regional deliveries.

EXPD earnings fell 23% year-over-year; management cited the business cycle and warned about Q1 coronavirus impacts.

Daimler Trucks and Torc Robotics are expanding autonomous driving tests on new routes, plus the outlook for diesel prices remains stable, coronavirus to hit Apple earnings and the Dairy Farmers of America may have saved the day.

E-commerce is putting pressure on airlines, postal services and customs administrations to move large volumes of letters and packages, while also trying to catch counterfeit goods and ensure security.

During its annual user conference, CEO Ray Greer talked about adapting to data-driven technology trends.

Samsara has upgraded its fleet management platform to provide Amazon-like visibility and flexibility to deliver its clients a standout customer experience.

The rail equipment and locomotive manufacturer benefits from its merger with GE Transportation.

Companies that have been outsourcing and far-sourcing their supplies might now look to source closer to their assembly line to have flexibility during times of disruption.

Walmart’s fiscal fourth quarter comes in light of expectations as holiday activity was lower than expected.

The coronavirus has created a weird market dynamic for airfreight in China. There is very little demand for scheduled flights to move manufactured goods, but charter flights are in high demand to get medical and relief supplies to China. And airfreight rates are poised to jump once Chinese factories fire back up.

“Quality brokers don’t just simply cast a wide net and wait for capacity to come to them,” said Noam Frankel, founder and CEO of FreightFriend.

Continental North America recently announced it will build a 215,000-square-foot manufacturing and research facility focused on technology for autonomous driving in New Braunfels, Texas.  Construction on the $110 million plant […]

Series of book reviews makes clear there is much to learn from successes of the past.

Knight-Swift will integrate Truckstop.com’s Book It Now digital freight offering into its logistics operation, and provide access to Truckstop.com’s load board for its owner-operator and carrier partners.

The Truckload Carriers Association (TCA) will bring an opportunity for education and networking to for-hire carriers, private fleets, associates and driver-training school members, as well as prospects, next month.

Old Dominion Freight Line announces a 4.9% general rate increase after reporting market stabilization in January.

Inland trucking slowdown in China leaves port reefer plugs full, blocking refrigerated food imports.

Airbus warned that tariff increase on European aircraft would result in “more instability for U.S. airlines that are already suffering from a shortage of aircraft.”

OKC police are investigating, to turn over findings to DA.

Rail disruptions cause operational issues at the ports of Vancouver and Halifax.

The Truckload Carriers Association (TCA) will bring an opportunity for education and networking to for-hire carriers, private fleets, associates and driver-training school members, as well as prospects, next month.

A mixed session on Friday leaves Trucking Freight Futures seeing red for the week ending 2/14.

Ending the coronavirus worries won’t be enough for out-of-balance markets, according to Energy Aspects.

Snow, frigid temperatures hitting markets with tight reefer capacity.

USTR’s Bilateral Evaluation and Dispute Resolution Office will ensure China commits to “Phase One” trade obligations and provide forum for settling disputes involving the bilateral trade pact.

DHL has issued layoff notices for 134 workers in Detroit as it seeks to renegotiate a contract with a supplier. Also, Amazon ditches delivery providers, rail and intermodal volumes drops.

Brian Aoaeh explains how simulated bifurcation technology may change supply chain operations in the near future.

Freight trains carrying dangerous goods in Canada can now travel at faster speeds, according to a revised government order. Transport Canada had restricted how fast those trains could go following a fiery Feb. 6 derailment of a crude train.

Patrick Jany, Michael Mitchell and Giovanni Ravano are appointed to C-suite roles.

With predictable short-haul drayage round trips from inland California to the ports of Los Angeles and Long Beach, battery-powered trucks could account for up to half of NFI Industries’ 4,000-truck fleet by mid-decade.

There are so many new features on the New Cascadia that it would take a book to explore them all. Suffice to say this very driver-centric truck is also a maintenance manager’s delight and a business owner’s best investment.

The trucking industry’s tensions over adequate parking can be seen as a backdrop to an incident Friday in Oklahoma that left a truck driver in the hospital after being shot […]

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: project44 promotes freight visibility in USMCA era; Amazon leases 1 million-square-foot […]

Know what is happening right now.

Canadian National warns protesters they’re jeopardizing their safety, while passenger rail service on VIA Rail remains cancelled.

Transport earnings were rough but may have bottomed.

Covenant Transportation’s Joey Hogan and Jet Express’ Kevin Burch talk capacity, insurance, trucking’s image and a lot more in wide-ranging discussion at ACT Research event.

Market Expert Mike Baudendistel looks at the prospects for the truck original equipment manufacturers in 2020.