Union Pacific fourth-quarter net profit slips 10%
Net income falls in the fourth quarter amid a decline in operating revenue and a decrease in rail volumes.
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Net income falls in the fourth quarter amid a decline in operating revenue and a decrease in rail volumes.
C.H. Robinson is leveraging part of its $1 billion investment in tech to establish Robinson Labs, a technology innovation incubator.
Cautious optimism was a common thread during the Highway Transportation Session at the National Industrial Transportation League’s 2020 Summit. The NITL 2020 panel discussion Tuesday featured executives from trucking and […]
Seeing expansion of the truck stop business as finite, Pilot Flying J is rapidly expanding its energy business. Reflecting that is a name change to the Pilot Company, an homage to the single gas station founder Jim Haslam purchased in 1958.
The Truckload Carriers Association has named Warren Brownlee, a professional truck driver with ABF Freight System, Inc., a Highway Angel, for stopping to assist young motorists who lost control of their vehicle on a busy highway.
The airline plans to take 17 new cargo-friendly widebodies this year but doesn’t know when it will see any new 737 MAXs.
Agency recommends repeating queries to ensure compliance.
FedEx Freight levies $7 `California compliance’ surcharge on all LTL shipments in, out and within the state
US Bank reports declines in freight payment transactions during the fourth quarter. The report signals an improvement on the horizon as truck capacity declines.
Jet fuel demand could be impacted by a drop in air travel, which would work to push down diesel prices.
Difficulty communicating instructions while in the cab cited as safety risk.
Strength in the West region nudges National Trucking Freight Futures higher on Tuesday.
More snow, ice returning to the Midwest after only a brief break earlier this week.
As record-breaking snowfall put freight movements on ice in Newfoundland, wintry weather turned the Toronto roads into a scary place.
Prologis posts solid 2019 results, hikes 2020 guidance
Misdeclared cargo is a big problem for air carriers when it comes to dangerous goods like lithium batteries. Regulators are too complacent when it comes to enforcement, airfreight industry groups claim.
The e-commerce giant won a patent for a theoretical multimodal vehicle designed to deliver and pick up items from online shoppers.
Darren Prokop writes about international trade and the World Trade Organization. Are disputes among member countries being handled correctly?
Geopolitical tides, e-commerce and technology are today’s “disruptors” in freight transportation, say panelists at Transportation Research Board convention.
Rob Moseley is an attorney at Moseley Marciniak in South Carolina. He’s defends trucking companies in the courtroom, and he’s watched as verdicts against trucking companies have been soaring. Is […]
High number of canceled sailings butts up against post-holiday restocking demand in the U.S.
Brad Jacobs enters rich, leaves richer
Christenson will focus on scaling UF Europe “at speed and responsibly.”
Carrier says it reached full-year earnings target a year early.
Prime Minister Justin Trudeau will push for swift passage in Parliament in a welcome development for the Canadian trucking companies that dominate cross-border freight market with the U.S.
Asset quality mostly improved but net interest margin compressed by 62 bps.
Companies cite permitting issues, but the market for the product remains hot on environmental regulations.
Boeing estimates regulators won’t lift the 737 MAX grounding until mid-year, at the earliest, which means the production line might not restart until 2021.
The department said the shift of certain firearms from the U.S. Munitions List to the Commerce Control List does not decontrol these items but changes the level of export control oversight.
Everything from driverless trucks, the U.S. tariff war with China and the growth of ocean ports was discussed during the opening day of the National Industrial Transportation League (NITL) Transportation […]
Presidential candidate’s Clean Transportation Plan calls for 15% of new trucks to be pollution-free by 2030.
The World Economic Forum opened today. Climate change is the most-feared risk of respondents to a WEF poll. Brian Aoaeh comments that disruption of global supply chains is the real fear.
Blockchain is a popular subject of discussion and dissection, but is it really the savior of all things logistics?
Trucking Freight Futures markets were closed on Monday; Futures forward curves point to flat year-over-year rates.
The cost of hydrogen-powered fuel cell electric trucking could drop 50% by the end of the decade, making it competitive with other clean energy options and even conventional fuels like diesel.
Railroad expert Jim Blaze writes about coal, a key commodity hauled by rail. The amount of coal being hauled by rail is declining. Why? And what does the future hold?
Signatories call on policy makers to expand natural gas infrastructure to evenly cover the whole EU territory.
Trucks going back to Midwest markets hit by recent snowstorm. But another storm heads there soon.
We gear up into this frigid week with a wild ride of headlines and industry updates. First, some bad news: a fatal shooting at a family-owned trucking company in San […]
Bankrupt Celadon Group Inc. canceled its Wednesday asset auction of Taylor Express after approving White Willow Holding’s $14.5 million bid.
Shippers in a Morgan Stanley survey are optimistic over the macro environment and expect rate improvement moving forward. Plus, Chinese New Year impacts and supply chain sustainability takes a hit.
Ex-chief financial officer of Hyndman Transport accuses Celadon in affidavit of depleting funds generated by profitable core business in Canada and hurting former drivers’ and others employees’ ability to claim more than C$2 million in unpaid compensation.
The story of two bicycle mechanics from Ohio can provide inspiration for an industry facing a multitude of challenges.
Organizations may lobby Parliament to declare rail service an essential service so that access remains available during events such as labor strikes.
Global trade tensions and a weakening economy took a toll on air freight.
The Truckload Carriers Association has named Charles Vos, a professional truck driver with Bison Transport, a Highway Angel, for helping free an unconscious truck driver from his burning truck.
Celadon Group plans to ask Canadian court to recognize its U.S. Chapter 11 case as judge takes further steps to lock down Hyndman Transport assets.
Parent company KLM says it is cooperating with authorities.
A mixed trading session on Friday capped a bearish week for the Trucking Freight Futures market.
Report urges balanced approach to zero-emissions logistics.
Technological change is requiring a fresh vision to help manage trucking operations. Here are three opportunities to take advantage of now.
The U.S. Energy Department will continue to allow the licensed export of highly enriched uranium for overseas medical isotope production for another two years.
Kansas City Southern can attribute its growth in cross-border traffic to a former president, a Railway Age essay says.
Another series of periodic snowfalls ahead for the Northwest mountains.
BIMCO, BOLT, Commercial Jet and Kane Is Able also announce executive appointments.
Chicago company nearly doubles its size with “likely the first acquisition of several.”
Commercial liability insurance rates continue to spiral, with costs passed through to businesses and consumers. A primary culprit is a corrupt personal injury legal system where attorneys drive medical care. It’s time to change that.
FreightWaves CEO Craig Fuller writes about methods to lower diesel fuel expenses for large and small trucking companies.
A new cap-and-trade carbon emissions bill unveiled in Oregon last week continues to draw criticism from the trucking industry that helped derail similar legislation last year. “If you look at […]
Fuel is the second-largest expense for trucking fleets, after labor. Every penny a fleet saves on fuel goes directly to the bottom line. Predicting where wholesale rack diesel prices will go has always been tricky. SONAR, FreightWaves’ forecasting platform introduces next day wholesale rack ULSD predictive prices.
A dispute over France’s digital services tax has the Office of the U.S. Trade Representative considering up to 100% tariffs on French champagne and sparkling wine imports.
This weekly opinion will give me the ability to relate my views on current events. Those views will be based from my personal experience over the past 40 years serving the Trucking Business.
In the recent ruling in Calif, Judge Roger Benitez wrote, “There is little question that the State of California has encroached on Congress’ territory by eliminating motor carriers’ choice to use independent contractor drivers, a choice at the very heart of interstate trucking.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Toyota begins production at its new Tacoma plant in Mexico; fatal […]
Amazon moves to take over Pinnacle Logistics air cargo operations in Baltimore, Maryland and Rockford, Illinois, where it will rehire 3,000 Pinnacle employees facing layoff.
We gear down into the backhaul of our week with news of a headline glitch. Starting early Thursday, small-business truckers who rely on the spot market began reporting problems logging […]
The latest features in SONAR 5.0 make it the most future-focused version to date.
Ship owners failing to prove compliance face criminal fines and penalties.
New fleet growth is slowing while used truck prices collapse. Is this the first sign of contracting trucking capacity?
Bankrupt Celadon receives $14.5 million bid for Taylor Express as it plans liquidation of remaining assets
(Updated with comments from Love’s spokeswoman on size of growth in 2019). Love’s Travel Stops’ growth plans this year are in line to slightly more aggressive than those of 2019 […]
Service improvements will help grow rail volumes and revenue, the company said during its fourth-quarter earnings call Friday.
J.B. Hunt’s fourth quarter call addresses some challenges facing its brokerage and intermodal businesses.
Sale of Winnipeg terminal for C$4.25 million to commercial real estate firm appears set to be tied up in Canadian courts, where U.S. trucking giant’s failure to initiate timely bankruptcy proceedings north of the border may come back to haunt it and its creditors.
An overview of driver feedback trends found high rates of satisfaction with co-workers and staffing issues.
Ensuring shippers have “chassis choice” for merchant haulage expected to be a prominent issue in the year ahead.
Freight volumes and tender rejections range-bound for now
IATA is aligning its dangerous goods rules with international standards.
Thursday’s National Trucking Freight Futures forward curve points to softness in spot rates through February 2020.
Deal to buy Utah-based company will expand Parkland Fuel’s presence in the Western United States with 84 locations and 63 trucks.
Jim Blaze explores the decline of railroad freight volume and what may happen going forward.
Weekend winter storm could push up spot rates in the Midwest.
Five Pakistani men are charged with duping 29 U.S. companies into illicitly exporting equipment and components to the blacklisted Pakistan Atomic Energy Commission and Advanced Engineering Research Organization.
Coal declines and a still sluggish industrial economy could put pressure on revenue this year. Still, CSX sees upside potential for intermodal and merchandise volumes.
Alphaliner expects the fleet to grow by 3.5% this year.
Alliance calls for a further commission review and threatens legal action.
Trucking insurance premiums have skyrocketed in recent years, driven by nuclear verdicts, but instead of complaining, trucking companies should take steps to stop incidents from happening.
CMA CGM announces Nicolas Sartini is leaving CEVA Logistics as reorganization efforts enter a second phase.
The Nolan Transportation Group and Transportation Insight roll-up continues apace.
Plus: Businesses hold favorable view of transportation and logistics, survey says.
Net profit for Kansas City Southern (NYSE: KSU) slipped in the fourth quarter of 2019 compared to the prior year, but revenues were 5% higher amid increases for chemicals and […]
Changes need to be made, but the process the Federal Aviation Administration uses to certify aircraft — including the grounded Boeing 737 MAX — is effective and a significant contributor […]
J.B. Hunt reports lower-than-expected earnings in the fourth quarter as weaker market conditions and increased investment weigh on results.
The expansion is roughly in line with those of recent years.
Lobsters may be premium, time-sensitive air cargo, but Delta Air Lines is also learning how these, and other, arthropods use their body suits to safely carry large amounts of weight.
A new book places IMO 2020 in the context of a potential “third revolution” for shipping.
After making four investments totaling $12 million in electric truck systems supplier TransPower, Meritor is acquiring the rest of the company.
Fleet failures and bankruptcies contributed to a 14% decline in prices in 2019.
Los Angeles port signals efficiency gains as the third-largest container alliance plans additional SE Asia stops.
The U.S.-China trade war, Brexit and IMO 2020 will loom large in 2020.