What’s the difference between WTI and Brent crude oil?
Brent and WTI refer to indexes that measure the price of oil
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Brent and WTI refer to indexes that measure the price of oil
Benchmark crude oil prices were up roughly 4% overnight and into Friday on international markets in reaction to the U.S. airstrike that killed Qasem Soleimani, the leader of the Iranian […]
Most big rigs in the U.S. have tanks that range in capacity from 120 gallons per tank up to 150 gallons and depending on the radius of operation, may have one tank for shorter hauls or two tanks for longer ones.
India spends 14% of its GDP on logistics; the country’s government is actively looking to reduce that amount by introducing key reforms in the sector.
Random testing increase to 50% expected to boost clearinghouse activity.
An ongoing PeopleNet ELD outage was caused by a disconnect between the system’s GPS and server clocks, a problem triggered by the 2020 calendar year, a former Trimble Transportation (NASDAQ: […]
If you had to name one of the most influential companies in trucking history, Consolidated Freightways (CF) would be near the top. While the trucking company, CF is no longer with us, the legacy of CF lives on through the companies it spun off, including Freightliner, CNF (which became part of XPO) and Purolator International.
The Federal Motor Carrier Safety Administration is “aware of and monitoring” the situation.
The court’s decision stemmed from a ruling by the NLRB holding that the union was in violation of the NLRA by encouraging neutral employees of a different company to join the picketing.
Former Amazon employees turbocharge Seattle freight-tech scene.
Ryder is partnering with In-Charge Energy and ABB to make transition to electric vehicles easier.
Some of the most congested roads in Texas are not necessarily all that bad for truckers.
Sixteen people died in six fatal cargo plane crashes in 2019.
U.S. Rep. Ed Case, D-Hawaii, has introduced three related bills in Congress to modify the Jones Act, saying that the law is “one of the key drivers of our astronomically […]
XPO’s IT investments help offset weak macro environment for freight
Peak season is wrapping up after bringing the carriers something to cheer for after dismal 2019.
To a lay person, air freight is a term that is interchangeable with parcel. For a freight forwarder or shipper, air freight means something different.
Mexican tomatoes being detained at the border for longer inspections is “unjustified,” according to agricultural officials in Mexico. Víctor Villalobos Arámbula, Mexico’s secretary of Agriculture and Rural Development (SADER), said […]
December Trucking Freight Futures contracts higher at expiration as January spot contracts “roll” in significantly lower.
Periods of harsh weather to hit region where capacity is tightening, volumes increasing.
The railway announced plans to acquire the Central Maine & Quebec Railway in November.
India’s Reliance is standing up to Amazon; e-commerce returns to increase 26% y-o-y; Bosch develops LiDAR system for autonomous vehicles.
Pest infestation within cold storage containers can cause major losses as companies are forced to discard entire shipments.
President Trump said he plans to travel to Beijing sometime this year to start the next round of trade negotiations with China.
With the acquisition of RDI Last Mile Co., J.B. Hunt’s Final Mile Services group will have 104 locations and 3.2 million square feet of warehouse space.
Sleep apnea is one of the more than 80 different sleep disorders that can be life-threatening if left untreated. ‘Apnea’ is Ancient Greek meaning ‘without breath’, which is at the heart of why this sleep disorder is so deadly.
By fully recording a view of the road and inside the cab, dash cams provide benefits to drivers, including assistance in court cases and with insurance companies in the event of an accident, as well as overall safety enhancement.
By R. Eddie Wayland, TCA Legal Counsel The United States Court of Appeals for the Ninth Circuit, which covers nine States including California, recently affirmed a decision by the National […]
A quick primer on the FMCSA’s database
If you are planning to create a freight brokerage, here is a basic checklist you can use to get started.
San Antonio was at the top of the list for wait times for truckers in November and early December, increasing to as much as 7.7 hours, according to FreightWaves SONAR […]
A home surveillance system captures Amazon driver dropping off two packages at a Pennsylvania home and then leaving with a parcel delivered by UPS.
Big rigs are limited by federal regulation to a maximum loaded weight of 80,000 pounds including cargo, so the actual amount of cargo a big rig can carry really depends on the type and weight of the truck when empty.
Two industry groups have announced a program to prevent the accidental release of pre-production plastic pellets.
Rail intermodal is the transportation method of moving freight on the earth’s surface by two modes, by railroad and also by truck. The freight can be carried in either trailers or containers; containers has become the larger and faster-growing category. The freight is moved on a railroad during the long-haul portion of the move with local trucking (known as drayage) taking the trailer or container to its final destination.
While the truckload carriers are happy to turn the page on 2019, investors in truckload stocks may be hoping for more.
High-profile accident leads to database aimed at keeping drug users off the road.
The restraining order suggests the court looks kindly on the argument that a federal law preempts AB5.
The flatbed and oil field service carrier was subject to a class action lawsuit for not paying overtime.
The carrier operated in two markets that have suffered in 2019: flatbed and oil service.
The 2010s started with logistics in its traditional place toward the back of the bus. The decade ended with logistics behind the wheel. It began with the sector, like the […]
Ohio-based GDS Express Group Inc. filed for bankruptcy protection after stranding drivers just days before Christmas.
There were plenty of things that could have sent the market spinning higher, but the range for retail diesel prices was relatively narrow.
Freight load board is back in service after ransomware, which was more frequent in 2019.
Are the reports of FedEx’s struggles greatly exaggerated?
On the last episode of 2019, we wrap up this year in freight and look ahead to new beginnings. We’ve got all the latest headlines, including news on the Drug […]
Snow, ice, wind making it tough to move what year-end freight is out there.
The World Food Program says it has the trucking and logistics capacity to face growing hunger crisis in African nation, but needs millions of dollars in funding.
New group will be the first of it’s kind in transportation The TCA Profitability Program (TPP), an exclusive business performance improvement initiative provided by the Truckload Carriers Association, is pleased […]
Lower rail volumes, an active Surface Transportation Board and a strike were among the key events that the U.S. and Canadian freight rail industry experienced this year.
Market Expert Anthony Smith writes about the factors that will affect the U.S. economy in 2020 and what that willl mean for business.
Trans-Pacific container rates continue to fall as Asia-Europe rates continue to rise.
Founded by brothers Michael and Andrew Leto, Emerge uses its FreightTech 25 award-winning technology to break down traditional barriers to how shippers find reliable truck capacity at competitive rates.
FreightWaves Market Expert Chris Henry provides a look into truckload’s year that was and commentary on a possible path toward consistent profitability.
The top articles of the year generated five key trucking issues of 2019.
More and bigger ships are calling on the East and Gulf Coast, setting the stage for regional logistics development.
The Owner-Operator Independent Drivers Association (OOIDA) is trying to take its so-far-unsuccessful battle over Pennsylvania tolls to the U.S. Supreme Court. At the heart of the effort by the OOIDA […]
Some California truckers exit state or weight options before AB5 labor law takes effect.
As 2019 comes to a close and 2020 kicks into gear, now is a good time to prepare for the potential regulatory and legislative action that the trucking industry will see in the new year.
The operating realities of long-haul, for-hire trucking translates into working conditions that require both employee and independent contractor drivers to be away from home, and alone for days and sometimes weeks at a time. This combined with transit delays (both on the road and at customer facilities), and lifestyle-related health pressures (sleep deprivation and poor eating choices) are the primary causes of both short and long-term turnover.
IMO2020 is an environmental rule effective January 1, 2020 that regulates how much sulfur a ship can give out in its exhaust.
For all containers moving in and out of the U.S., rates (both contract and spot rates) are required to be filed with the Federal Maritime Commission (FMC) 30 days in advance of the containerized cargo being shipped. This adds an additional layer of complexity to the way ocean container rates are negotiated and governed.
Albany, Georgia-based Commercial Shuttle Service (CSS) ceased operations in mid-December, citing a mix of market conditions, insurance costs and aging ownership. The company had 55 total employees, including 41 drivers, […]
In an abbreviated trading week, volatility returned to the Trucking Freight Futures markets.
A portfolio of acquisitions culminates in a large sale. Genesee and Wyoming announces that the sale of the company has been completed.
Charley Dehoney provides detailed information on freight visibility platforms and how they are changing the logistics/supply chain space.
Prospective buyers can bid on defunct Canadian firm’s trucks, trailers and a contract to haul cement to a diamond mine.
Ice, snow, blizzard conditions from Plains to New England.
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner As 2019 comes to a close and 2020 kicks into gear, now is a […]
The squeeze on capex is likely to be a determining factor on the oil patch activity levels next year.
NFI continues its consolidation of the drayage market, this time with a Southeast-concentrated trucking carrier and a large trailer pool.
The U.S. operations of the Class I railroads continue to shed employees.
Mack Trucks is recalling TerraPro models from 2019 and 2020 because the headlamps were not properly aimed during production.
With Christmas 2019 just celebrated, here is an only-in-Alaska tale of goodies from the sky. While the logistics involved are nowhere near as flawless as Santa Claus’ annual air courier […]
Links to 16 exclusive interviews with key decision-makers in ocean shipping.
Brian Aoaeh writes about the convergence of climate change activitism and the need to modify supply chains going forward.
Ben Thrower writes about recent changes in Mexico’s oil policies and how they may harm the country.
Database of test results seen as rate booster while unseated trucks pose risk to operations.
Federal investigation into dismissals at Celadon Canadian subsidiary Hyndman Transport might give Ontario court pause before embracing Chapter 11 proceedings in the United States.
The 2020 version of the Roaring Twenties will be drastically different for society and freight than the decade that kicked off in 1920. We take a look back at what life and freight were like in those days.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: California leads the U.S. in meth border seizures by CBP; Albuquerque […]
Trailer orders move up and down but the overall industry is ending a decade of growth that is just beginning to slow.
International trade and customs attorney Zhaokang Jiang explains how China is aiming to improve cross-border trade efficiency, create fair competition and ensure compliance and sustainable growth.
Lead times fell throughout 2019 as shippers became accustomed to excessive capacity.
Railroads are the most efficient transportation mode for moving goods on the earth’s surface. Railroads are of particular importance for the movement of commodities that heavy and moved in bulk over long distances where the transportation spend represents a large portion of the total delivered cost.
In Mexico, the number of cargo thefts decreased 10.3% in November 2019, compared to the same month last year, according to recent data. There were 923 robberies of tractor-trailers reported […]
Trucking companies cite a weak freight market and soaring insurance and equipment costs as reasons some fleets did not survive the economic downturn in 2019.
This analysis was distributed earlier this week as a Deep Dive offering to subscribers of FreightWaves’ SONAR market dashboard. The author is SONAR’s market expert on oil. If you think […]
In transportation, supply chain, manufacturing and retailing, the term “final mile” is an idiom used to describe the delivery of products (and passengers) the last leg of transportation.
Trump administration seeks industry comment on Obama-era transportation document.
A better than expected holiday season, the tightest capacity of the year and shippers rushing to get inventory off their shelves putting upward pressure on rates.
The volume drop has created ripple effects, including some lower railcar leasing rates.
FreightWaves founder and CEO Craig Fuller writes about the issues the trucking industry dealt with in 2019 and what is ahead in 2020.
Chicago to Atlanta Trucking Freight Futures continue to rise on Thursday while Philadelphia to Chicago futures tumble.
McLeod Software, a vendor of transportation management and trucking software, ranked No. 17 on the FreightTech 2020 list of most innovative companies.
Capital constraints should keep ocean shipping capacity in check, a plus for rates.
Customs and Border Protection moved the nationwide tests to early April and October “due to limited availability of testing sites and to ensure the integrity of exam conditions.”
Heavy snowfall, blizzard conditions in nation’s heartland this weekend.
As business velocity accelerates, Shipwell provides the tools to keep pace.
Plus: Amazon driver steals package; Rivian vs. Tesla
Builder’s Transport was once the second largest truckload carrier in the U.S. In 1998 it filed bankruptcy and was then acquired by Schneider National.