Public shipping execs face more coronavirus questions
Earnings calls shed new light on how ocean shipping bosses view coronavirus crisis.
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Earnings calls shed new light on how ocean shipping bosses view coronavirus crisis.
Florida port CEO says inclusion in Trump’s budget “speaks volumes about the significance of this project.”
Julian Alvarez’s goal “is to help the entire industry modernize.”
Demonstrators say their actions, which have blocked rail lines and access to several Canadian ports, are in support of a First Nations group’s concerns over a proposed pipeline.
Warmer weather here I come……!! As I prepare to attend the TCA’s Annual Convention — Truckload 2020: Orlando — I reflect on the many years of education that I absorbed by being a sponge from my peers. I want to say thank you!!
C.H. Robinson is pushing back against a complaint, seeking class-action status, filed by more than a dozen growers that alleges the third-party logistics giant engaged in “deceptive business practices.”
We discuss how the coronavirus is affecting freight flows from China with special guest Lori Ann LaRocco from CNBC. Earnings season is also in full swing, and it looks like […]
As supply chains speed up, fulfillment windows shrink, and customer delivery expectations evolve, the need for comprehensive supply chain metrics, KPIs, and analytics will only expand.
Boeing was shut out on orders in January, but the sting was softened a bit by a deal for new passenger-to-freighter conversions.
The proposed budget includes $2 billion to construct another 82 miles of border wall along the U.S.-Mexican border and more than $160 million to hire and train 750 Border Patrol agents.
The van is donated by Daimler’s Freightliner, and the decal wrap by Stoops Freightliner.
Learn about nine different types of truck driving jobs that are available.
The response from CEO Jacobs is always the same: Splitting it up will achieve better shareholder value.
Drivers waste well over two hours at check-in, but Truckerd-In looks to streamline the process.
An exclusive interview with Matt Heider, CEO of voyage-optimization platform Nautilus Labs.
Manic Monday for Trucking Freight Futures with ten of eleven markets lower.
Darren Prokop writes about the volatility in trucking, and how ecommerce may help less-than-truckload carriers recover in 2020.
Lawmakers want the Defense Department to explain within 60 days why it rejected a Commerce Department proposal to tighten the U.S. content threshold for exports to the Chinese telecom.
PAM Transportation CEO Daniel H. Cushman told FreightWaves during an interview Tuesday that his company’s trucking service to Mexico is “busting at the seams.” “It is just a month into […]
Family-owned Howard Baer Inc. of Nashville, Tennessee, cites government regulations, the struggle to find qualified drivers and soaring insurance costs as factors behind its decision to close after 69 years.
The C$15 million federal investment aims to reduce bottlenecks and facilitate export capabilities in a region of Alberta known for its chemical, petrochemical, and oil and gas output.
Five markets totaling more than 10% of U.S. outbound freight could get hit by impending snowstorm.
Cargo carriers will be able to operate more efficiently between the U.S. and Kenya thanks to a new agreement between the governments.
FreightRoll is a trade documentation and tracking platform that enables companies to digitalize paper documents from their freight operations.
Canada’s largest transportation company looks to raise nearly $200 million as it prepares to offer 6 million shares in the United States.
This strategic partnership will provide Redwood customers with visibility into an additional 500,000 trucks.
North America propped up Daimler Trucks sales and earnings in 2019 as lower European and Asian volume, along with restructuring costs and settling emissions-cheating allegations dragged the industry leader’s results lower.
The District Court of Hawaii said Bernhard Schulte Shipmanagement (Singapore) PTE Ltd. will implement an environmental compliance plan for all of its 38 vessels calling U.S. ports.
Old Dominion Freight Line sponsors Major League Baseball, and for eight of the 30 MLB teams, the less-than-truckload carrier helps make Florida and Arizona feel like home for six weeks of spring training.
The Mexican Federal Competition Commission says certain rail routes in Veracruz, including those operated by Kansas City Southern, don’t have adequate rail market competition to haul chemicals and petrochemicals.
European supply chain platform Shippeo raises $22 million for expansion. Plus, Rhode Island aims to boost truck toll fees, global container movement falls and Nikola unveils electric pickup.
Many turn to factoring to ease cash crunches.
The transportation of goods and people was transformed when eastern and western rails were connected in 1869.
Many indicators are pointing to a better 2020 than 2019 for the freight industry, but several challenges remain, including impacts from the coronavirus.
UPS pilots stand to see improved wages and retirement benefits from a new contract.
Proposal includes discretionary grants for truck parking.
Proceeds could give Canada’s largest transportation company more firepower to pursue acquisitions as it prepares to make a big leap into capital markets south of the border.
Radiant Logistics reports a 25% slowdown in its last calendar quarter of 2019.
Many measures of activity were weaker but the bottom line improved.
Andrew Leto discusses his industry beginnings and the success of his company’s digital freight marketplace.
Canadian transportation company delivers impressive performance in weak freight market as it finishes 2019 with 20% increase in operating income on strength of its truckload and logistics businesses.
A temporary order in Canada restricting the speed of freight trains carrying dangerous goods could potentially affect the broader economy.
Tesla will produce its much-anticipated all-electric truck in “limited volumes” this year, according to CEO Elon Musk.
Terms of the court-protected restructuring of American Commercial Lines have already been agreed to and no disruptions are expected.
Importers and exporters can expect shipping delays and skyrocketing transportation budgets associated with the logistics challenges in China associated with the coronavirus in China. But there are steps companies can take to minimize the damage to customers and their bottom lines.
Shutdown of Trusted Traveler Program in New York state could slow trade moving to and from Canada.
The Maritime Association of the Port of New York and New Jersey also announces hall of fame inductees.
President Trump directed the removal of sanctions against the Turkish defense and energy ministries on Oct. 23.
Rand Logistics will purchase the American Steamship Company for $260 million.
Jim Blaze explores whether the Class 1 railroads are downsizing their railcar fleets.
A mixed Friday punctuated a mixed week for the Trucking Freight Futures markets.
From container shipping to tanker transport, markets are awash in coronavirus fallout.
Tender rejections in Denver market rising to 12% over the past week, one of the highest levels in the country.
Brian Aoaeh writes about the use of software and technology in the trucking industry.
Daseke has found a permanent replacement for its retired founder and namesake Don Daseke, naming interim CEO Chris Easter to the position. Plus, Valentine’s Day logistics, truckers in Oregon get political and Chinese truck capacity shrinks.
Apart from being emissions free, electric vehicles will have a much less total cost of ownership than conventional diesel vehicles.
Many freight and logistics providers have reported weak earnings in the past few weeks. Due to the current operating environment, these totals were expected and investors have begun buying into the second half recovery story.
Jeremy Reymer, founder of DriverReach, said 90% of truck drivers applying for jobs have not registered in the Drug and Alcohol Clearinghouse, a step that is required for any driver looking for a job.
When responding to requests for proposals in the contract bidding process, rail and intermodal service providers should tout not only their competitive pricing but why shippers should diversify their modal options.
As I see it, it looks like we are going into one of those new “roller coaster” trucking capacity situations for the transportation and shipping community to manage through.
Travel center trade group grapples with keeping incentives for biodiesel after 2022 as Trump administration devalues renewable fuel credits by exempting small refineries from the Renewable Fuel Standard.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico considers law banning all double tractor-trailer trucks; Dynacraft finalizing relocation […]
Too much data leads to fueling issues for WEX. This and other stories you may have missed this week.
Diesel costs were supposed to make 2020 more difficult for struggling carriers, but wholesale fuel prices have fallen rapidly, which should help carriers in the slow season.
Small companies jittery about investing in biodiesel blending with the federal tax credit in limbo are moving in now that the tax incentive on the cleaner-burning fuel is set through 2022.
Titan Freight Systems president says regulation is necessary to accelerate transition to clean fuel vehicles.
Despite AB5 pause, California team drivers Jeff and Elyse Fink continue search for ‘truck-friendly’ state.
It’s snowing on our 150th episode!
The layoffs close a chapter of freight brokerage in Chattanooga.
February off to a slow start.
Momentum builds for decarbonization of ocean shipping but it’s far from a done deal.
The Office of Foreign Assets Control added CONVIASA and its aircraft fleet to the Specially Designated Nationals and Blocked Persons List for supporting Maduro regime.
J.B. Hunt announced that CFO David Mee will retire March 1. The company will fill the interim role internally until a permanent replacement is found.
Longer-term solutions are problematic but cutting down on trucks is targeted for now.
The East African country is “an important strategic partner of the United States, and there is enormous potential for us to deepen our economic and commercial ties,” U.S. Trade Representative Robert Lighthizer said.
Trucking Freight Futures continued their slow descent lower with another down session on Thursday.
John Kingston, FreightWaves Energy Market Expert, has been named the winner of the prestigious 2020 Abdullah Bin Hamad Al-Attiyah International Energy Award for Lifetime Achievement for the Advancement of International Energy Journalism.
“There will be extended closures on I-70 and US-40.”
Good day, Self-driving vehicle startup Nuro has won approval from federal regulators to test its battery-powered driverless delivery vehicles on public streets. According to a news release, the National Highway […]
With smartphones and other mobile devices vital to how companies conduct business, corporate compliance officers strive to prevent unlawful exports of controlled data.
Sendengo is a digital freight brokerage that enables users to control transactions and helps reduce cargo theft.
Darren Prokop writes about the future of data in for-hire transportation. Data is information and can become knowledge.
FLEETCOR Technologies, Inc. (NYSE: FLT), a fuel-card and business-payments provider, announced fourth-quarter 2019 adjusted earnings per share (EPS) of $3.17, 14% higher year-over-year and $0.03 better than the consensus estimate. […]
Drivers have preferred times when they like to visit shipper facilities, and they hate waiting, according to the second Uber Freight Facilities Insights Report.
PRO Act’s provisions mirror California law upending independent contractor status.
The federal agency issues the order following a fiery derailment of a Canadian Pacific crude train.
Full year net income set a record; CEO speaks highly of rail operations
Controlling ones nerves is important to first time sellers, M&A expert recommends to trucking company owners.
A difficult truck brokerage market appears to have stalled growth at Uber Freight compared to the third quarter. However, the operating loss narrowed significantly.
Protest comes a week after Nike and other Portland businesses signed a letter supporting the climate legislation.
Company posts expected $8.6 million profit as intermodal helps offset declines from trucking and other divisions as new CEO looks to better performance in 2020.
Ports of Hedland and Dampier, big iron ore exporters, in Cyclone Damien’s path.
Trucking companies should understand the rules surrounding workers’ comp coverage.
Mexico’s trade with the United States rose to $614.5 billion in 2019, up 0.5% above its total trade in 2018, according to U.S. Department of Commerce data released Wednesday. That […]
Companies exposed to transportation, including 3PLs and freight tech startups, are adjusting to market realities.
Pilots hold many of the cards when it comes to cargo capacity in China. If they decline flight assignments to avoid catching the coronavirus, lots of merchandise and supplies won’t get delivered on time.
U.S. DOT green lights Nuro with first ever autonomous vehicle exemption
Shippers gain another 5 points of pricing power in this week’s DHL Supply Chain Pricing Power Index.
The Office of Foreign Assets Control said the action will block property of individuals helping to destabilize the West African country.
Charley Dehoney writes about digital brokerages and what they really are and do…