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Schneider National’s fourth quarter suffered from a “muted peak season” and softer rates. However, the carrier’s 2020 outlook calls for improving fundamentals.
Broken record alert — another storm is moving through the Northwest. This means the Cascades will be slammed with more snow or rain, depending on location, resulting in some delays […]
Scott Burke expected the worst when the bird of prey hit his fully loaded Kenworth tractor-trailer going 50 mph. Instead, he got his rig to safety — and the bird is expected to make a full recovery.
Total TransBorder Freight: $107.1B of TransBorder freight moved by all modes of transportation, down 3.3% compared to October 2018 Most-used mode: Trucks moved $68.2 billion of freight, down 2.7% compared […]
Liner delays put billions in inventory and assets on hold, leading to more efforts to quantify impact.
Revenue gains for grain, energy, chemicals and plastics provide boost.
It’s a bold plan and FreightWaves’ Mark Solomon has plenty of experience covering XPO to give us a unique perspective.
The impact of new technology in freight brokerages and how it is changing compensation.
Startup Baton Trucking believes it can eliminate waste and detention through a drop yard network.
U.S. Justice Department announced the arrest of Harvard University’s chemistry department chair on charges of lying about financial and research connections to the Chinese government.
Robinson aggressively cut prices to hold truckload volumes steady and grow LTL volumes.
U.S. Xpress announced it has successfully refinanced its revolving credit facility, lowering the interest rates on a portion of its debt.
Owner-operator group calls decision “highway robbery.”
Alaska Airlines’ parent company also reported hefty full-year earnings in what the CEO called a “fantastic year.”
Roadrunner Transportation will be able to take a significant step in improving its balance sheet following its agreement to sell its Prime Distribution Services business to C.H. Robinson Worldwide (NASDAQ: […]
PACCAR is riding a comparatively low inventory of unsold trucks into 2020 as new orders and production in the first quarter are expected to be down 5-7%, the company told analysts following its report of record revenue and profits in 2019.
Trans-Pacific container volumes face escalating coronavirus risk.
The railway cited the labor strike and weak freight demand in lower fourth-quarter profits.
Parcel drivers join long-haul colleagues in training to bolster community safety.
It’s the same story for carriers and shippers: up like a rocket and down like a feather
Once the auto industry’s largest supplier, Delphi will disappear as it is absorbed into BorgWarner.
Many people are paying attention to the coronavirus from a travel perspective and what it will do to the passenger airline industry, but less recognized is that the air cargo that rides below passengers’ feet will also have fewer transport options.
Smart contracts may be a boon for trucking companies and owner-operators, ensuring they are paid for all their activities, and reducing the time it takes to get that payment.
DAL to LAX continues to stumble as Freight Futures open mixed to lower
Three pilots and three ground staff are free more than a week after at least 175 pounds of cocaine allegedly were found on a Martinair-operated freighter.
Carriers rejecting more Northwest reefer loads, possibly due to weather.
CVSA sets dates for Roadcheck and announces focus on driver requirements. Also, FedEx goes old school to build its future, Canada tackles USMCA approval and Democratic presidential candidates lay out their transportation plans.
U.K.-based Shipamax has raised $7 million to digitize and automate global logistics back-office functions. The Series A investment was led by Mosaic Ventures, with participation from existing investors Crane Venture […]
PACCAR overcame a slowdown in Class 8 truck orders to report record revenue and earnings in 2019, but fourth quarter results took a hit in both measures compared with a year ago.
Toyota Motor Corp. opened its new $700 million Tacoma pickup assembly factory in central Mexico last month, aiming to use a combination of rail and short-sea shipping to export the […]
Quarantines and factory shutdowns could deepen and extend the traditional Chinese New Year trough.
Celadon Group plans to sell its trucking terminal in Laredo, Texas, to P.A.M. Transportation Services for $19.8 million, according to a filing in U.S. Bankruptcy Court for the District of […]
The railway and the rail union respond to a CBC documentary about a fatal February 2019 train accident.
Group aims to establish common vocabulary to make digital communications easier in ocean freight.
When the clock is ticking on a seemingly impossible assignment, take a page from the story of John Harrison’s determined quest to solve a maritime problem.
Analyst forecasts tough sledding for freight in first half of the year
Better analytics needed to be a tip of the future spear.
With MARS on the horizon in the 2030s, NASA is pushing for collaboration among international and industrial partners.
The Truckload Carriers Association has named Stafford Albertson, a professional truck driver with Network Transport, a Highway Angel, for helping at the scene of a serious accident involving a van and two trucks.
The Stamford, Connecticut-based shipowner agreed to pay a $1,125,000 civil penalty to the U.S. Treasury Department’s Office of Foreign Assets Control for Burma sanctions violations.
A video of President Trump telling associates to “get rid of” Ambassador Marie Yovanovitch includes unrelated chat about self-driving vehicles.
New Penn Motor Express files change of operations proposal with union to obtain additional workers at three new regional velocity centers.
One of the first names in chassis provisioning continues to evolve as it gets folded into new industry entrant.
Book it every year – Southwest Airlines Cargo is going to capture the award for best domestic airline, as voted by members of the Airforwarders Association.
Celadon Group argues payouts will maximize value during the wind-down of its North American trucking businesses, but the proposal faces resistance from a U.S. federal trustee.
TK Transport cites soaring insurance costs, government regulations and a weak spot market as reasons for shutting down.
Customs brokers and express carriers will take “a more active role in monitoring, detecting and preventing trafficking in counterfeit and pirated goods,” the U.S. Department of Homeland Security said.
Scorpio Bulkers on virus threat: Prepare for the worst and hope for the best
Dallas to Los Angeles futures (VDL) stumble in an otherwise positive week for Tucking Freight Futures.
Singapore surge is “trigger” for Maersk to add fuel new surcharge.
Fiat Chrysler is recalling more than 222,000 ProMaster delivery vans whose customers include the U.S. Postal Service. The shifter cable to the transmission can detach, leading to a possible crash.
At least 2 to 3 more feet of snowfall in the Cascades this week.
The fourth quarter featured the largest bankruptcy in the five years Haynes & Boone have been keeping track.
Urban deliveries to overrun cities. Tier one auto suppliers to get squeezed
More than 80 trade associations urged the House of Representatives to pass legislation that would close a gap of over 700 Customs and Border Protection agriculture specialists in the nation’s ports.
Rates seem to be recovering from 2019’s downward spiral.
Chinese epidemic could curb ocean shipping demand.
Crowley Maritime Corp., part of Jacksonville, Florida-based Crowley Holdings Inc,. has realigned its marine services organization and introduced new leadership. Crowley Marine Services, part of the company’s shipping group, will […]
C.H. Robinson President and CEO Bob Biesterfeld told FreightWaves that Robinson Labs will develop solutions, both technological and otherwise, for its customers, carriers and Robinson employees.
This week marked the first of what looks to be a tough earnings season. See who reported over the past seven days.
Lawyers for Celadon and former Hyndman Transport employees argue over whether the U.S. company behaved badly in Canada.
When the average claim in 2012 was approximately $2M, and that average claim in 2019 is approaching $17M and going higher.
For years I’ve heard from drivers, staff & management about what’s right & what’s wrong with orientation for new drivers. It’s a Tricky Slope that takes precision & consistency every week of the year. After all, we’re dealing with people & they all want different things. Or do they?
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Volvo delivers 76 new trucks to Mexican carrier; ships are checked […]
The stories that will keep you in front of the pack.
Reefer volumes have broken out this winter as dry van demand fades. Does this mean the sector is in for a strong recovery in 2020?
Electric trucks in big numbers are still years away, but interest among truck makers and fleets is widespread and growing.
FreightWaves’ maritime Market Expert Henry Byers provides insight regarding the Phase One trade deal between the United States and China.
‘No regrets’ as truck driver leaves California, citing hostile business climate
Hey hey hey, welcome to the workin’ weekend! We never hesitate to jump right in and hit you with the headlines: TA Logistics claims Celadon was insolvent in late November […]
The latest features in SONAR make it easier to navigate.
Reefer market strong
Aviation is taking a wait-and-see attitude toward the coronavirus and trying not to think about the last time something like this happened.
The FAA says UPS didn’t comply with hazmat rules for air transport when it didn’t make sure a shipment it received was safe to fly.
Starting this month, the California Department of Motor Vehicles will only register vehicles that comply with emissions regulations.
The pharmaceutical industry loses at least $15 billion of product a year to temperature deviations that force cargo disposal.
Covenant Transportation continues to reallocate equipment to units with a lower risk profile like dedicated.
Trucking Freight Futures continued to firm on Thursday as bullish fundamentals emerge.
A former senior executive at Martinair has been sentenced to 14 months in prison for her role in a long-running air cargo price-fixing scheme.
Snowfall, ice possible in two high-ranking freight markets.
Labor department’s ‘newfound powers’ means new hazards for companies that use independent contractors.
Capacity is a proof of concept for smaller brokerages building out their own freight-matching platforms.
The railroad eyes slight volume growth in 2020 amid plans for longer trains and reduced headcount.
Plus, a subdued CES 2020 and Ralph Nader disses Tesla.
Ocean carriers not looking at additional trans-Pacific services as Phase One deal unlikely to stem trade slowdown.
Lawsuit claims Celadon collected and spent $6.2 million in receivables belonging to TA Express LLC, alleges the company admitted it was insolvent weeks prior to filing for bankruptcy protection.
Ryder is learning more about how to meet demand for short-term truck and trailer sharing, allowing lenders to cover lease payments and put money back in their businesses.
DB Schenker, the freight transportation and contract logistics arm of German rail operator Deutsche Bahn AG, is the latest company to feel the downstream effects of the shutdown of Boeing […]
Earlier this month, the CEO of XPO (NYSE:XPO), Brad Jacobs, announced that he intended divest operating units of XPO in an effort to maximize shareholder value. One thing was clear, however. Jacobs intended to hold onto the less-than-truckload (LTL) operations of XPO that were formerly known as Con-way. As part of our Online Haul of Fame Series, here is a look back at the history of Con-way.
The scenario is becoming all too familiar – you receive a notice from your current truck insurance provider that your premiums will be going up 25% for the next policy year. This raises your annual cost of insurance from $7,500 to almost $9,500 per truck per year.
Justice Department asserts separation will preserve competition in North America.
Food and beverage industry increased share of largest warehouse leasing deals in 2019, CBRE says
Covenant Transportation sees significant year-over-year decline in earnings as excess capacity and higher costs persist.
Intermodal struggled while Brokerage also has a strong period.
Truck owner claims his employer and Amazon worked him “like a rented mule.”
Walmart argues that jury took things too literally in awarding back pay to California drivers
Southwest Airlines is the latest carrier to describe how the loss of capacity from the 737 MAX grounding is eating into profits.
The Agriculture Transportation Coalition has developed service contract guidance its members can use to set parameters for when ocean carriers should issue or withhold detention and demurrage charges.
Ontario judge agrees to recognize Celadon’s Chapter 11 case and appoints trustee to supervise liquidation of Canadian assets.
Despite strong economic data in favor of the carriers, flat volumes and loosening capacity garners a power grab by the shippers.
