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Despite its efforts to reorganize, it appears Cold Carriers Logistics and its entities plan to cease operations on Feb. 21.
A federal judge recently ordered Zach and Garrett Barber to forfeit more than $1.3 million in funds they derived in an elaborate 11-year “chameleon carrier” scheme.
Dedicated carriers serving the Co-op Refinery in Saskatchewan stuck in the middle as a labor dispute cuts off their livelihood.
Airlines continue to react to the spread of the coronavirus by cutting more flights.
Abu Dahbi-based combination airline Etihad is selling its Airbus A330s and Boeing 777s but plans to lease back the Boeing widebodies.
Manhattan Associates says demand for cloud-based supply chain services remains robust and led to a record peak season.
YRC posts weak fourth-quarter, hampered by bad economy
Opposition from safety advocates could mean rough road to inclusion in highway bill.
Big one-day drop comes on heels of more restrictions for vessel calls, and concerns about slower demand.
The coronavirus could present a silver lining for freighter operators, but any boost in business may be weeks or months away, depending on how long the contagion lasts.
INTTRA by E2open on Tuesday announced a new technology platform, compliant with the new Digital Container Shipping Association (DCSA) Interface Standard for Track and Trace 1.0, published last week by […]
Engine maker Cummins already was predicting a difficult 2020 before the outbreak of the coronavirus in Wuhan, China, where Cummins’ manufacturing operations are shuttered.
Supply chain digitization is helping drive trust and security while lowering obstacles to moving goods.
February National Freight Futures open the month higher on Monday, driven by strength in South and West regions.
The railroad is reducing its capital expenditures budget for this year, but it will allocate more funding toward replacing and upgrading network infrastructure.
What ‘The Path Between the Seas’ teaches us about leadership and the need for a backup plan
“The Trump administration is taking action to level the playing field for American businesses and workers,” Commerce Secretary Wilbur Ross said.
Reefer rejections increasing in Salt Lake City market.
Known on northeastern highways for its iconic orange and white trucks, Preston 151 was founded in 1932 in the Chesapeake Bay area of the United States. The company was started […]
President Donald Trump singled out a new steel mill project in Texas during the signing of the United States-Mexico-Canada Agreement (USMCA) trade pact last Wednesday. Trump cited the Steel Dynamics […]
Eight-year-old company working with storied shipping group to make indices available for financial products
Having the data and not reacting is worse than not having the data at all, according to EBE Technologies CEO.
The tolls in Connecticut may have a special place for the semis that drive their roads.
The new Impinj R700 reader is designed for enterprise-grade RAIN RFID deployment, processing tags faster and with greater accuracy.
FreightWeb scores $3 million in seed funding; patent pending on new pallet technology
Change in equity control looming.
Spartan Motors has sold its emergency vehicle manufacturing division so it can focus on growth opportunities in commercial and last-mile vehicle development. Plus, Connecticut plans a toll vote, a startup wants to move freight transport underground, and Oregon truckers are ready to protest.
Power management company Eaton Corp. missed analyst estimates in the fourth quarter, partially because of weakness in the automotive sector and a $50 million warranty charge.
Startup XStream Trucking is in early talks with two major truck manufacturers about its aerodynamic drag-reducing TruckWings, but its first distribution deal makes them optional on compressed natural gas conversions by Agility Fuel Solutions.
Emerge, a Scottsdale, Arizona-based digital freight marketplace, announced Tuesday it has closed a $20 million Series A financing led by NewRoad Capital Partners, a growth equity capital firm based in […]
Despite the first labor strike in 35 years and volatile orders for new trucks, Martin Weissburg says his current role as president of Mack Trucks is the favorite of his 15-year Volvo Group career.
John Lyboldt is President of the Truckload Carriers Association, the only trade association focused entirely on the truckload segment of the motor carrier industry.
Nippon Cargo Airlines’ parent company is taking a $144 million charge against earnings.
Delta, Virgin Atlantic and Air France-KLM together offer extensive trans-Atlantic route network and service capabilities.
CRST, U.S. Xpress also support petition to review decision awarding $54.6 million to drivers.
Hawaiian Airlines is expanding its short-haul cargo operations this month and expects its new 787s to add long-haul cargo capacity next year.
C.A.T.’s purchase of Manitoba truckload carrier will rev up east-west moves in Canada and cross-border freight with Western U.S. while expanding tractor count by 50%.
John Lyboldt is President of the Truckload Carriers Association, the only trade association focused entirely on the truckload segment of the motor carrier industry.
“As long as there continues to be a lack of cargo and documentation handling in the ports due to the virus, our exporters and importers shouldn’t be on the hook for per diem or demurrage charges,” AgTC Executive Director Peter Friedmann said.
Nominate your Shipper of Choice right here.
The acquisition will expand Regional Rail’s short line operations into North Carolina.
Dry bulk rates were already terrible — then came the coronavirus, and they’re getting even worse.
World’s second largest oil consumer taking extended holiday to deal with virus, keeping businesses shuttered.
Is Amazon moving more logistics work in-house; everyone is moving to Atlanta but trucks should leave
Airbus will pay penalties in France, the U.S. and U.K. for using go-betweens to bribe airlines and governments to buy Airbus products.
Ships recently in China considered a “hazardous condition”
Trucking Freight Futures are mostly lower as the spot month contracts rolled from January 2020 to February 2020.
Why are Class 8 orders a deeply cyclical, lagging indicator of truck demand?
Members overwhelmingly ratified the agreement with Canadian National. The collective agreement will last through July 2022.
Reefer rejections, protect from freeze issues out west.
The U.S. International Trade Commission, in response to a recent request from the House Ways and Means Committee, will investigate the integrity of the country’s seafood import supply chain.
Saia’s q4 EPS comes in light. Operating income, operating ratio hit by higher expenses on multiple fronts
The integration will help users share data seamlessly and immediately across both Samsara and McLeod platforms.
The Wuhan coronavirus has forced several Chinese cities into a state of lockdown, severely affecting manufacturing hubs and constricting global supply chains.
Asia-Europe trade sees five sailings cancelled due to coronavirus as global shipping companies remain on lockdown for another week.
Companies may be creating unnecessary risk in their operations if they have an out-of-date policy and procedure manual, or worse, aren’t following it.
Lawmakers in Missouri, New York, Virginia and Wyoming introduce legislation to require freight trains to have a minimum crew size.
The proposal is part of a 10-year, $19.4 billion infrastructure plan to improve roads, bridges, airports, rail and bus service.
Big investors like Carl Icahn will have a say in whether Volkswagen’s truck group buys the 83% of Navistar it does not already own, but CEO Troy Clarke’s expected age-related departure this year seems more than a coincidence in TRATON’s $2.9 billion bid.
I’m amazed on the number of attorneys now flooding the airways with the same message; if you’ve been wronged, we can help, we know how to fight the insurance companies, we will get more money than insurance company will offer.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: CFI Logistica expands cross-border operations; Laredo mayor Saenz hails signing of […]
The message is now pretty clear: that the rule hasn’t hit markets yet doesn’t mean much.
Keeping track of all the outstanding content published on Freighwaves.com each week can prove daunting, and we do not want you to miss a beat. Every FreightWaves article is designed […]
The coronavirus is having a far-reaching impact across the globe. The timing may make things worse for domestic trucking.
Parts of northbound Interstate outside of Atlanta reopen after fiery crash shuts all lanes for most of Saturday
Raising tax by 15 cents a gallon is needed before transitioning to mileage-based fee, according to lobbying group.
It was conventional wisdom, accepted by all – the price of diesel was going to rise, and IMO 2020 was the cause. One example of many, a report by the […]
A Texas jury recently awarded nearly $7.4 million to a man who was seriously injured when a truck driver hauling an oversized load veered off route and struck a bridge, sending metal debris into his vehicle.
Kayla Matthews writes about options if you are interested in starting your own trucking company.
Australian logistics giant
Toll Group possible cyber attack victim
FreightWaves SONAR has new information for subscribers.
Flat volumes, excess capacity persist.
Washington is abuzz over a renewed push on both sides of the political aisle to advance large-scale infrastructure legislation. Both House Republicans and Democrats have released infrastructure plans to correspond with the renewal of the FAST Act in 2020.
Agency confirms it will credit ‘query’ balances in certain cases.
What is a Freight Recession?
ArcBest posts down q4 results and January didn’t look much better
Pricing data implies pendulum is swinging even more toward East Coast ports at expense of West Coast.
Still too early to confirm coronavirus fallout in trans-Pacific freight pricing data.
It’s difficult to keep up with the flight suspensions being announced by airlines to China amid fear about the coronavirus outbreak.
USA Truck’s shares fall after another earnings disappointment. New turnaround initiatives were quantified on the company’s conference call.
Chinese carrier’s formerly idled VLCCs return to a transport market already suffering from falling rates, Stifel Maritime analyst said.
The ramifications of 2019 will come in the form of shrinking capacity, pushing rates up as supply falls to meet demand instead of dwarfing it.
OpenText is the latest member of the Blockchain in Transport Alliance (BiTA). Learn more about OpenText and BiTA.
National Trucking Freight Futures rise on Thursday as outbound LAX lanes gain on Dry Van tender rejections.
Mack likes the stability of the medium-duty truck market, where it can sell small trucks to current customers without the dizzying ups and downs of the Class 8 market.
Southwest Airlines is a fan favorite in the freight forwarding community. Bar code scanning and canine inspection dogs aren’t pioneering moves, but could help keep that satisfaction quotient high.
More downturn possible for the region’s freight markets.
Substantial point-of-sale incentives are available through a new voucher program funded by cap-and-trade fees.
Electronic gadgets like smartphones in the cab lead to driver distraction, and driver assistance technologies like ADAS appear to add a new dimension to that behavior.
The Swiss government will serve as the go-between to manage financial transactions involving medical and other exports to Iran and ensure Iranian sanctions are not violated.
Plus: Pilot project allows food stamp recipients to pay for Amazon grocery delivery.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Much of the discourse and sentiment surrounding the […]
Cass Information Systems reports a 6% year-over-year decline in transportation invoices but manages to post another full-year earnings record.
The majority of executives expect growth exceeding 10% and are actively pursuing deals.
New technology, capital, and business models have changed the competitive landscape.
Blasting out underwater “speedbumps” last hurdle for $485 million project.
Digging into some of the most recent LMI components.
Breakbulk refers to (almost) every cargo that’s not containerized or shipped in bulk.
The FreightWaves 2020 Freight Market Outlook white paper is our most comprehensive outlook resource to date.
Too much Amazon traffic may spoil the Brown broth
