The big pivot: XPO Logistics’ next decade won’t look like its first
With an impending breakup of the company, XPO Logistics will look like a far different company as the century’s third decade dawns.
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With an impending breakup of the company, XPO Logistics will look like a far different company as the century’s third decade dawns.
The order will stay in place until the CTA case action is concluded.
Jevic Transportation was founded in 1981 in Delano, New Jersey by Karen and Harry Muhlschlegel. The Jevic name was a combination of the names of the three Muhlschlegel children. Founding a trucking company just one year after deregulation was ambitious, but the gamble proved profitable. Jevic enjoyed prosperity throughout the 1980s and the early 1990s.
The global ground handling company has leased warehouse space at Melbourne Airport.
Net earnings fell 8.5% in the fourth quarter of 2019 compared with the same period a year ago.
GlobalTranz, already among the largest brokerages in the nation, grew a bit more with the acquisition of 3PL Cerasis.
Truck manufacturers claim improved aerodynamics could save a driver up to 400 gallons of fuel a year.
Atlas Air and DHL operate at CVG, and it’s the site of Amazon’s Air Hub.
Outbound volumes and rejections were horizontal this week. Target’s poor earnings are not enough for us to believe the retail sector is in danger of a slowdown, but it is slightly alarming.
DAT has sent out tweets indicating no ETA on a full return to service.
Overwhelming approval of U.S.-Canada-Mexico Agreement Implementation Act paves new trade pact’s way to President Trump’s desk for signature.
Family-owned H.H. Williams Trucking of Greeley, Colorado, told employees on Thursday it will close its doors by the end of January.
Brian Aoaeh writes about the challenges and opportunities of logistics in Africa – and what will likely occur in the next few years.
National Trucking Freight Futures fall again on Wednesday under the weight of weakness in the East.
“We are seeing drawback for commodities/products where we did not see it before,” said Michael Cerny, chief legal officer for duty drawback specialist Charter Brokerage.
Increasing demand for reefers (climate-controlled trailers) in areas where big winter storm is heading.
Enhancements to the Bulkloads app are designed to improve the communication and speed of finding loads and negotiating rates for bulk carriers.
Canadian auto manufacturer says it will stop developing self-driving technology with the U.S. ride-sharing company as it announces lower sales outlook for 2020.
Bulkmatic and Bulk FR8 have joined forces to offer dry bulk brokerage and capacity solutions
The rules will clarify licensing and financial responsibilities of ocean transportation intermediaries and streamline the hearing procedures related to denial, suspension and revocations of licenses.
Darren Prokop explains why Positive Train Control – a positive safety measure for “Lower 48” railroads – doesn’t make sense for the Alaska Railroad.
WEF projects 36% growth in last-mile delivery vehicles by 2030; Tesla vehicle registrations in California halves in Q4 ’19; Bendix signs on Geotab as telematics partner.
New pact is a plus for tankers, bulkers and box ships, but less so for equities.
Ben Thrower examines the issues surrounding California’s AB-5, which impacts truckers who are independent contractors.
Incentivizing logistics yard spaces and zoned industrial capacities to rent out their vacant spots for truckers could help increase supply.
U.S. carloads and intermodal units are down year to date from the same period in 2019.
Chattanooga-based Tranco Global brings customs expertise in house.
The computer vision startup crunches road and highway data to improve safety and power development of autonomous vehicles.
California-based electric air taxi startup Joby Aviation has raised $590 million in its Series C financing round.
Report to address market competition and sealift capacity.
Representatives from airlines, logistics companies, truckers and airport authorities will attend Air Cargo 2020 in late January.
A global container index offers a big-picture perspective on the worldwide supply/demand balance.
As a part of the Transportation Research Board’s multi-day Annual Meeting, the Federal Motor Carrier Safety Administration (FMCSA) spent a morning session outlining its priorities for 2020.
XPO may be on verge of breaking itself as it says it will explore sale or spin off up to 4 business units
Celadon Group can’t sell off facilities without Canadian court’s OK, judge says as he prepares to place shuttered trucking company in receivership; ruling a victory for former employees, setback for U.S. creditors.
The amount of fuel carried on a container ship varies based on the engine capacity and size of the ship, which themselves are a function of the particular trading route […]
Boeing delivered 380 planes last year, less than half of rival Airbus.
There are still some down times ahead but Susquehanna sees the ground being laid for an upturn.
Improving rail volumes and service are among the crucial issues to look out for as the railroads reveal their 2020 guidance in the coming days.
New agency programs require wireless capacity that FCC wants to reallocate
U.S. cargo airlines had requested exemptions from the ban.
The mayor and city council of Richmond, California, have voted phase out and prohibit the storage and handling of coal and petroleum coke in the city.
The Cass Freight Index sees its steepest decline in shipments since the Great Recession.
Andy Peters provide details about happenings in the warehousing- distribution center-real estate sector.
As a result of trade agreement signed at the White House on Wednesday, China has pledged to increase imports of American goods and services by at least $200 billion.
Market Expert Anthony Smith provides insight into the all-important housing market as 2020 gets underway.
Honda and Isuzu said Wednesday they will work together to apply Honda R&D expertise in fuel cells to Isuzu trucks in Japan.
Trucking Freight Futures remain lower after Tuesday’s session with LAX to SEA (VLS) the lone bright spot.
A slower year of trailer production is expected as the equipment backlog waiting to be built fell in 11 of 12 months in 2019.
What does it mean to be “energy independent?” The President of the United States thinks the country is there now. On this week’s Drilling Deep podcast, host John Kingston talks […]
Another round of heavy snowfall and gusty winds will return to the Northwest this afternoon after a brief break since last night. Freight movement delays will continue in the coming […]
Dupré Logistics and HOYER form bulk transport entity to provide supply chain services domestically and internationally.
Jim Blaze profiles TTX, a company that is essential to the railroad industry.
Major U.S. 3PL and dray provider looks to go where the containers are as it lays out 2020 expansion plans.
There’s one pairing of numbers that indicate the U.S. is energy independent. But beneath those numbers, it gets a lot less clear.
The rail equipment manufacturer and lessor has tapped a Caterpillar executive and Trinity board member to head the company.
Plus: BYD pushes zero emissions mandate in California and Seattle pushes Amazon tax.
Canadian-based carrier Highlight Motor Group receives $55 million private equity investment to accelerate North American expansion.
Lawyer representing 211 ex-Hyndman Transport personnel wants Canadian company placed in receivership to help secure more than C$2 million in unpaid compensation.
Digital business-to-business freight marketplaceTrella helps reduce costs by automating logistics processes.
Consistently meeting expectations goes a long way toward keeping drivers on board.
The CEO is in India to attend the inaugural Amazon Smbhav summit bringing more than 3,000 small businesses together.
Technology will have a key role, but how will shippers and labor benefit from the railroads’ high-tech initiatives, panel asks.
Texas-based EnVue Telematics recently announced it has expanded its operations into Mexico with the wholly owned subsidiary EnVueMex Solutions. With offices in the cities of Aguascalientes and Monterrey, EnVueMex will […]
Risk management for supply chains coming to the fore through better visibility tools.
Fatal crashes involving trucks have steadily increased since 2009.
Snow, wind, ice will make trouble for weekend truckers.
Oceangoing vessels challenge scale of newly introduced carbon-free power technologies for short-sea shipping and ferries, World Shipping Council CEO John Butler tells U.S. lawmakers.
Amazon lifts ban on third-party sellers’ use of FedEx Ground and Home Delivery
Also called “white petroleum,” lithium has become a critical element in the global tech and electric vehicle industries.
The Denver-based short line operator promotes from within for the new roles.
The company describes Winmore 360° as the world’s first LSP-focused integrated software for every stage of the transportation RFP process and tendered lifecycle.
Pushing back reintroduction of the 737 MAX into airline schedules has become a predictable routine. American Airlines now says it won’t start flying the plane until June 4. Let’s see if that holds.
Trucking Freight Futures open the week lower on Monday as SEA to LAX (VSL) continues to slide.
FreightWaves to sponsor the digital news product + deliver custom content that will include data-driven items from SONAR
First survey since 2003 will help inform autonomous vehicle development.
Few freight forwarders currently offer shipper-owned containers due to the lack of market transparency in their sourcing.
U.S. federal judge clears Celadon Group to proceed with sale of Ontario facility to Wyndham Street Investments for C$12 million in a deal that could make it harder for Canadian former employees to secure financial claims.
“Oversized vehicles prohibited” on one interstate, another major route shut down.
Operating revenue for cargo operations at Delta Air Lines fell 13% for the fourth quarter ($187 million) and the full year ($753 million) compared to the same periods in 2018, […]
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The bill would prohibit the transport of crude oil via rail if the Reid vapor pressure of the crude oil exceeds 9.5 pounds per square inch.
Former senior VP at Martinair faces charges in connection with a price-fixing conspiracy.
We gear up this week with a man charged on Thursday with shooting a truck driver on I-269 outside Memphis, Tennessee, after an in-cab video captured the suspected killer. Violence […]
Zonar has enabled over-the-air updates for Cummins engines, plus key freight index rises and Connecticut senator asks mapmakers to include truck-specific warnings for low bridges.
The companies share a vision of network optimization through continuous moves.
Phase One of the U.S.-China trade deal is scheduled to take effect Wednesday. Read CNBC’s Lori Ann LaRocco’s take on how that trade has changed since the tariff war began — and how it may never be quite the same.
Boeing has a new CEO who is tasked with restoring a culture of safety and shoring up the bottom line, but suppliers are now having to cut overhead to deal with the halt in production for the 737 MAX.
Logistics operations during the winter require companies to train employees, ensure preventative equipment maintenance and offer services that protect temperature-sensitive shipments.
Walmart Inc.’s (NYSE: WMT) unit in Mexico reported the company opened 134 new stores in that country in 2019, its largest expansion in Mexico in six years. Walmart de Mexico […]
All shipping interests through Panama Canal face new fees as water levels drop to ‘historic’ lows.
It’s helpful for new brokerages to study the staying power of brokerages like ITG, especially in volatile markets.
A Texas couple was sentenced to federal prison and ordered to pay more than $2 million in restitution after being convicted of orchestrating an organized commercial tire theft ring.
“The Box – How the Shipping Container Made the World Smaller and the World Economy Bigger” by Marc Levinson makes the case that the shipping container and its global intermodal use was one of the most important innovations of the second half of the 20th century.
Daimler Trucks is executing structural changes around the world because of sliding sales.
Advocacy groups differ on effectiveness of public and private financing to meet high demand.
Moreno Valley ignored environmental regulations when it greenlighted construction of the World Logistics Center, one of the largest complexes in the country.
Tanker rates haven’t shot up further on new Iran tensions, yet they remain extremely high.
Taal volcano entered “period of intense unrest”, shutting down Manila’s international airport.