News

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.

Spare aircraft engine dispositions stave off weakened demand for railcars in North America.

Procter & Gamble (NYSE: PG) released its fiscal year 2020 second-quarter results ahead of the opening bell on Thursday. The Cincinnati-based consumer products giant reported $18.2 billion in quarterly sales, […]

It doesn’t look like American’s cargo fortunes are going to turn around soon, but its overall operational performance is improving.

Staffing agencies lease drivers to fleets stymied by employment regulations.

National Trucking Freight Futures rise on Wednesday as the East region regains some luster.

Winter weather not stunting growth in Rock Island freight market.

Freight industry innovators presented their ideas for the future of transportation and supply chains on the final day of the National Industrial Transportation League’s 2020 Summit. The panel of freight […]

Year-to-date U.S. rail traffic is 7.8% lower compared with the same period in 2019.

Waymo is now testing self-driving trucks on highways in Texas and New Mexico, plus Rhode Island budgets shortfall in truck toll revenue and House committee chairman tries to restart infrastructure talks.

Heartland Express’ financial results were worse than expected in the fourth quarter of 2019. That said, a large acquisition shoulders more of the blame than weaker market fundamentals.

Commissioner Carl Bentzel said the U.S. Federal Maritime Commission will have an increasing role in the development of shoreside activities that impact international container shipping.

Check-in calls have long been a pain point for carriers and brokers alike. It is possible to reduce these calls while also improving customer service.

The infection from the Boeing 737 MAX crisis is spreading through the aviation sector, hurting airlines, suppliers and their employees.

To have an edge in the logistics market, it is critical for companies to spot the right talent and retain them in their ranks over a considerable period of time.

Trucking insurance continues to get more expensive. Chris Henry and Daniel Pickett provide information about captive insurance agencies.

A twin push to reduce labor costs and carbon emissions could transform ro/ro traffic flows, according to white paper.

Employment levels at the U.S. operations of the Class I railroads hit their lowest point in years, according to data from the Surface Transportation Board.

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.