News

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Alex Mai; John Brewer; Mike Mobley; Anthony Slamar

An Atlas Air freighter had an engine inspection four days before an engine fire forced an emergency landing, the NTSB said on Friday.

The early stages of this recovery are characterized by a rebalancing market, a return to normalcy after a four-year roller coaster of volatility.

TFI International’s EPS in 2024 will be at least $7 a share, CEO Alain Bédard says

Governmental order could place safety burdens on e-commerce giant.

Delays from the customs system on Mexico’s side of the border disrupted cargo truck traffic for several days in California and Texas.

Positive developments in the hydrogen space glossed over some tough underlying issues like sky-high hydrogen prices.

Today, peak seasons and traditional consumer habits are something entirely different than they once were. The CEO of DHL Global Forwarding Americas gives insight on how DHL is handling it and what shippers should do.

Radiant Logistics reported adjusted earnings ahead of consensus for its fiscal second quarter ended Dec. 31.

FleetCor reported fleet transaction revenue of $108 million in the fourth quarter, a 19% year-over-year decrease.

RXO’s fourth quarter was slightly better than the third, but overall, the 3PL had its challenges last year.

In this issue of the WHAT THE TRUCK?!? newsletter: XPO and Saia stock skyrocket; Super Bowl logistics; wait times; and more.

A North Texas snack producer and a Forth Worth supply chain services provider announced 329 layoffs in the Lone Star State.

Hopes for a significant rebound in Panama Canal water levels to boost throughput will likely be met with a harsh reality over the next few months.

Two of Lufthansa Cargo’s smaller freighters are out of service because of maintenance and supply chain challenges.

The nation’s top truck safety regulator wants towing companies that overcharge truckers to be held accountable by the FTC.

Avocados and beer from Mexico are gaining popularity as staples at Super Bowl Sunday watch parties.

Tankers and bulk vessels continue to avoid conflict in the Red Sea, at increasing rates, according to new data from Lloyd’s List Intelligence.

There isn’t much sign of an upturn in Uber Freight’s latest earnings report.

Federal regulators are responding to complaints that the government is not doing enough to protect women and minority truck drivers.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Lori Ann LaRocco; Mike Fullam; Blake Grolmus; Thomas Wasson

Federal investigators plan to release the cause of last year’s Norfolk Southern train derailment in East Palestine, Ohio, this summer.

C.H. Robinson’s newly unveiled touchless appointments will automate manual scheduling tasks.

XPO’s fourth quarter exceeded expectations, and the company provided robust pricing guidance for 2024.

Thomas Schmitt, the Forward Air CEO who put together the deal with Omni Logistics trashed by investors, is leaving the company. 

Bestpass and Geotab are collaborating to provide mutual customers greater insights into toll violations and costs.

Less-than-truckload carrier XPO reported a better-than-expected close to 2023.

Lower inventories in the U.S. are pulling freight into the country.

Werner Enterprises saw another step down in operations during the fourth quarter.

A lawsuit that goes back to 2010 and opened the door for the ABC test in New Jersey has been settled.

Georgia Ports Authority announced plans to construct a $29 million overpass to keep trucks away from neighborhoods in Savannah.

Yellow Corp. said it has paid a total of $851 million to the U.S. Treasury as repayment for a 2020 CARES Act loan.

AIT’s acquisition of Lubbers Logistics Group adds 18 European offices to AIT’s 130-location global network.

In this edition: The Super Bowl and logistics, capacity begins to tighten and big jumps in the final-mile space.

As a new carrier facing growing pains, Global Crossing Airlines (GlobalX) is doubling down on its passenger business and slowing expansion in cargo.

ArcBest continued to swap out spot freight for higher-margin shipments from core accounts during the fourth quarter.

Workers at a Goodyear Tire plant in Mexico were awarded over $4 million in back pay by U.S. and Mexican authorities after a labor rights investigation.

The Logistics Managers’ Index for January showed transportation prices are increasing as retailers take on inventory.

OTR Solutions announced its acquisition of Epay Manager to enhance its fintech products with a distinctive audit-proof invoicing system.

If the Fed is deterred from cutting interest rates, freight demand could tumble just as carriers start regaining pricing power.

$2 billion in fines and expenses from emissions-rigging slammed Cummins’ Q4 profit in a year of record revenues and cash generation.

ArcBest leveraged cost initiatives to beat the fourth-quarter consensus estimate.

With FreightWaves SONAR data integrated and available within the transportation planning features of e2open’s TMS, shippers will be able to reference the most up-to-date rate data in the industry as they make short-term and long-term planning decisions.

Pilots at Air Transport International say the parent company wants to prolong contract talks for another two years so it can synchronize a labor deal with a new Amazon transportation services agreement. Meanwhile, the company is having a difficult time retaining experienced pilots.

The benchmark price used for most fuel surcharges has risen two straight weeks for the first time since September.

A recent round of U.S. and British strikes raise fresh questions about the impact of container shipping in the Red Sea.

U.S. Bank’s freight indices are down but at a rate that may suggest a balancing of capacity could be ongoing.

Forward Air provided an update on January trends but made no mention of December numbers or who is currently in charge of recently acquired Omni Logistics.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by The Honorable Jim Sanborn; Will Hopkins; Spencer Tenney; Andrei Hippix

Seacor Holdings continues to pare down its shipping sector assets, most recently selling off its Caribbean container business.

In a column, 40-year transportation veteran Rob Haddock shared why it pays for shippers to go above and beyond for carriers.

It’s come time again to nominate standout shippers for FreightWaves’ 2024 Shipper of Choice awards, the series’ sixth iteration.

Several hundred people gathered for rallies in three border states Saturday as part of the “Take Our Border Back” convoy that traveled from Virginia to Texas last week.

Has UPS been ill-served by on-going cost-cutting?

Uber Freight plans to make its API publicly available for scheduling in the second half of the year.

This week in Borderlands: Mexico’s truckers plan nationwide strike against cargo theft; EV maker Lucid expands its U.S. manufacturing facility; Grainger announces new distribution center near Houston; and supply chain services provider Kinaxis opens Dallas office.

Spot rates were 22 cents higher from July 2020 to February of 2022 — the pandemic era.

Tearing down the Interstate 81 viaduct in Syracuse, New York, and replacing it with an urban boulevard moved closer to fruition after a Friday court decision.

An investigation is underway after a Norfolk Southern train engineer died this week after being hit by a train in Decatur, Alabama.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Parth Trivedi; Adam Barnett; Jared Gilmer

Less-than-truckload carrier Saia will spend roughly 30% of its annual revenue buying terminals and trucks as it looks to take market share again in 2024.

As Black History Month comes to a close, FreightWaves celebrates some of the most important African American figures in the transportation industry.

Canadian authorities recently seized $51 million worth of methamphetamine from a tractor-trailer heading for Winnipeg, Manitoba.

As the Bureau of Labor Statistics signaled in August, the annual revision of employment data shows fewer truck transportation jobs last year than initially reported.

A Georgia-based trucking company, Newsome Trucking, which has 60 drivers and 33 power units, recently filed for bankruptcy protection.

The arcade game Whac-A-Mole describes state-by-state approach to rules of the driverless road while 50-state solution appears far off.

Midsize companies must strategically position themselves through organic growth, acquisitions or partnerships to thrive in a changing landscape, with the market expected to reach $8 billion by 2030.

Shawn Brown, vice president of safety with Cargo Transporters and mayor of the City of Claremont, North Carolina, joined Jeremy Reymer on a recent episode of Taking the Hire Road.

Regulations continue to reshape industries in 2024. For warehousing, new environmental, labor and safety policies will require new strategies and technology adoption.

New Jersey is raising its truck liability insurance requirement to $1.5 million, one of the highest in the U.S.

Hub Group reported year-over-year decreases in its intermodal, logistics and truck brokerage segments during the fourth quarter.

A major logistics company filed paperwork this week stating that it plans to cut more than 200 truck driver and warehouse jobs at its facilities in Washington and Oregon by March 31.

Pam Transportation Services contends with an auto strike in addition to already depressed truckload demand during the fourth quarter.

Federal regulators are proposing to ease requirements for new truck drivers — but crash victim advocates warn safety will be compromised.

Inside the newsletter, does your dock need a valet service; rise of Zyn shipments and more

Landstar System said Thursday that a recovery won’t likely occur until summer.

It’s been one year since a Norfolk Southern train derailed in East Palestine, Ohio. What’s been done to improve rail safety?

Houston-based Vroom is closing two facilities in Texas and laying off 515 workers as part of a nationwide restructuring.

While the world around us slowed down to enjoy the holidays, the SONAR team was hard at work building a foundation for the biggest year yet in product delivery.

This ambiguous landscape makes it even more crucial for 3PLs to understand what their cargo insurance does — and does not — cover.

Schneider National reported a fourth-quarter earnings miss and a worse-than-expected 2024 outlook on Thursday.

Activist pressure and focus on OR are at odds with optimal service levels.

Averitt Express recently moved into a new distribution center in the Nashville area as part of several major facility upgrades in Tennessee.

Ryder System is increasing its dedicated footprint with the acquisition of Cardinal Logistics.

AirCargo 2024 unites aviation, logistics and transportation leaders to navigate industry evolution through collaboration and innovation.

FedEx has more cargo jets than it needs for its express package network. Some of those planes will now be used to try and capture a larger share of the general cargo market. In doing so, FedEx will go head to head with all-cargo carriers like Atlas Air, Cathay Pacific and Nippon Cargo Airlines.

There was little good news in C.H. Robinson’s fourth-quarter earnings.

Truck broker Landstar is seeing normal seasonally weak trends so far in January, which is worse than what analysts were hoping for.

Heartland Express’ fourth quarter benefited from large gains from terminal sales, without which the truckload carrier would have seen another loss.

On this week’s episode of Taking the Hire Road, host Jeremy Reymer chatted with Marina Ivanov, co-founder of Apex Transit, a North Carolina-based carrier.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Matt McLelland; Ian Weiland; Bryan Jones; Justin Martin

Reliance Partners Executive Vice President of Sales Jackson Alexander believes that understanding the underwriters point of view can help carriers navigate the insurance renewal process.

Old Dominion’s fourth quarter was largely in line with analysts’ expectations even as it takes on growth-oriented costs ahead of improvement in demand.