Kirby’s inland-barge consolidation push continues
Kirby, already America’s largest river-barge transporter of petroleum, gets bigger still.
Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
Kirby, already America’s largest river-barge transporter of petroleum, gets bigger still.
USA Truck reports another worse-than-expected loss as it revamps the company.
U.S. Customs and Border Protection said the 73% collected-duty increase over last year was mostly the result of ongoing punitive import duties on steel, aluminum and Chinese goods.
Most key metrics were lower for the LTL carrier/brokerage company.
TRATON makes long-expected move to take over Navistar despite claiming disinterest. Navistar says it will take a look at the offer.
As more of its drivetrain business moves to electrification, Meritor focuses on integrating recent acquisitions TransPower and AxleTech.
Amazon blows past analysts’ EPS estimates for q4
Daseke updates guidance, lowering the expected fourth-quarter loss. The company’s restructuring remains on track.
The World Health Organization’s leadership went out of its way to praise China for its handling of the deadly outbreak.
This week’s DHL Supply Chain Pricing Power Index: 30 (Shippers) Last week’s DHL Supply Chain Pricing Power Index: 35 (Shippers) Three-month DHL Supply Chain Pricing Power Index Outlook: 45 (Shippers) […]
Tanker giant Euronav warns of fallout from coronavirus crisis.
AscendTMS is the first TMS to allow users to reserve parking for drivers inside the system, thanks to a collaboration with TruckPark.
California owner-operators argue their livelihoods are at stake under new labor law.
Echo Global adds features that suggest loads along favored lanes for carriers using its EchoDrive platform.
Trucking Freight Futures end Wednesday little changed as lanes in the West continue to diverge.
Ben Thrower writes about the increased use of cargo ships to smuggle drugs.
A short line acquisition in Atlantic Canada and enhanced crude oil production in western Canada could boost rail volumes in the coming years, executive said.
Boeing is planning to begin 777X deliveries next year, but it is unclear when airlines will begin flying the new widebody.
Mack is back in medium-duty trucks with its first offering in two decades coming this summer from a new plant near Roanoke, Virginia.
Aptiv’s Q4 2019 U.S. revenue stood at $3.6 billion, a decrease of 1% year-over-year.
Boeing’s 737 MAX production won’t come rushing back as soon as regulators lift the aircraft’s flight ban. Slow and steady is the plan.
Reefer rejections remain high, but oscillate as weather changes.
Volvo Group reported a significant jump in its fourth-quarter income, but truck orders and net sales declined compared with 2018 numbers.
Upgrading docking, a new Northeast hub to come and the “weekend advantage” all played a role in the improvements
Market softness, excess capacity, weak demand and soaring insurance costs and claims were the near-term challenges highlighted on Landstar’s conference call.
Darren Prokop writes about the implementation of IMO 2020 and how its costs will be absorbed and/or passed along…
In case you weren’t able to catch our live broadcasts from Music City at the Air Cargo Conference at the top of this week, don’t worry, we’ve got you covered right here, right now for a “just in time” delivery.
The drop comes as the Class I railroads look to the second half of 2020 for volume growth.
UPS partners with Waymo for delivery; Coronavirus could decline Chinese production; research breakout in fuel cell technology
At the Air Cargo 2020 Conference in Nashville, Tennessee, we had the opportunity to catch up with Susy Schoneberg, head of Flexport.org, for one of our Fireside Chats. Flexport.org is […]
Open-deck logistics provider Jones Logistics turned to AI-powered solution from Parade to build a digital brokerage for load management
Union Pacific opens lanes, while Norfolk Southern talks lane opportunities to take market share from trucks.
UPS posts largely expected Q4 results as operating gains and nontax and after-tax charges cancel each other on the bottom line.
Over the years, hundreds of tankers were employed in the grain trades.
Head of giant independent refiner not surprised by lack of movement this early in the regulation.
Delta, Air Canada and Lufthansa are among the international airlines reducing or suspending flights to China as the coronavirus spreads.
Just what the heck is going on, and why aren’t truckers and shippers getting the benefit of these lower commodity and wholesale prices?
CVTA vows to push FMCSA for earlier implementation.
The electric vehicle company expects more than half a million deliveries in 2020.
Moscow-based Grand Service Express began offering service to the Russian-occupied Crimean Peninsula in December.
Landstar’s insurance and claims expense line hit first-quarter results, and another fatal accident results in guidance well below analysts’ expectations.
Boeing’s earnings and revenue failed to meet expectations, and the manufacturer revealed billions more in MAX-related costs.
The Amazon Effect and Uberization of Freight pose daunting challenges for logistics companies, says FreightWaves founder and CEO Craig Fuller.
Funding likely to remain elusive for proposal that focuses on zero-carbon initiatives.
UPS unveils a slew of products and services ahead of tomorrow’s fourth quarter results
A proposed sustainable fuel mandate in Washington state highlights a divide in the transportation industry over regulations aimed at reducing carbon emissions.
In return, the South American country wants the U.S. to recognize singani as its national alcoholic beverage in strengthening bilateral trade ties.
A challenging job in winter.
Liners confront higher ship-lease rates at the very time fuel prices are spiking.
President Donald Trump on Wednesday signed into law a revamped pact with Mexico and Canada that replaces the 26-year-old North American Free Trade Agreement (NAFTA). The United States-Mexico-Canada Agreement (USMCA) […]
Trucking Freight Futures ended Tuesday’s session mixed with forward curves pointing to lower near-term rates.
Recent trade developments should help rail volumes improve, particularly in the second half of 2020, executives said.
Third-party logistics firm STG Logistics has tapped Paul Svindland, former chief executive of bankrupt Celadon Group Inc., to lead its company.
Railroad giant Norfolk Southern Corp.’s fourth-quarter profit declined 5% as the company hauled 9% less freight, officials said. Norfolk Southern (NYSE: NSC) reported its operating and financial results for the […]
Wall Street reacts positively to a projection for the rest of the year.
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.