News

“I’m expecting massive crop losses – as devastating as we’ve ever seen…A lot of the standing stuff is flattened to the ground.”

Headlines may proclaim “$300,000 per day” but most crude tankers are not making anything close to that.

A New Mexico jury awarded the family of a woman killed in a February 2017 crash involving a student driver for Werner Enterprises Inc. around $40.5 million in damages on Oct. 11 following a two-week trial.

The next FreightWaves Live event has added air cargo to the range of topics discussed, with a variety of expert speakers who can help attendees understand factors influencing today’s market. […]

UPS enters the US self-storage market with a new twist

Market Voice Darren Prokop writes about automation at ports and the progress – and disruption – that will bring.

British Airways parent commits to ambitious emissions reduction goal

Petitions must be filed to the U.S. International Trade Commission by no later than Dec. 10 to be considered for inclusion in the next miscellaneous tariff bill.

Trucking Freight Futures in and out of Los Angeles on Friday strengthen on US-China optimism.

The Truckload Carriers Association has named Brian Smith of Madisonville, Tennessee, a professional truck driver leased to Mercer Transportation Company of Louisville, Kentucky, a Highway Angel. He is being recognized […]

Freight shipments and expenditures declined on a year-over-year basis again in September according to the latest Cass Freight Index Report. The firm now believes that the index is “signaling an economic contraction.”

The amount paid by Uber for majority ownership of Cornership has not been disclosed.

Saudi Arabia eyes multi-billion dollar logistics project; a pot warehouse in ruin; China logistics activity rebounds

NCBFAA generally supports Customs and Border Protection’s goal to protect against illicit importers but said the agency’s proposed importer verification rule has “grossly miscalculated the cost” to customs brokers.

Now Goldman thinks that ISM data won’t turn positive until Q2 2020.

Torrential downpours, several inches of rainfall may flood areas from Texas to the Carolinas next few days.

American Cross-Dock & Storage recently announced it was doubling its warehouse space near the Port of Houston, one of the fastest growing U.S. container ports.  The company has entered into […]

Carrier also offers integrated parcel service

Maersk subsidiary looks to fix congestion that had been widely cited in 2018 front-loading.

Asia-Europe demand has been strong for much of the year, but spot rates have tumbled as some lines have cut rates. With demand weakening, carriers are poorly placed ahead of annual contract negotiations, says Drewry.

Big air trade drops with major trading partners leaves industry looking for backfill

More companies are making the shift from on-premise Oracle Transportation Management (OTM) to a cloud-based OTM, because it helps reduce IT infrastructure and support costs.

The trucking industry and its supply chain rank fifth among all businesses at risk of cybersecurity attacks as the number of possible threats against the transportation sector has grown 100-fold in just four years.

Freight volumes in and out of Japan’s busiest port, the Port of Tokyo, have declined in the first six months of 2019 compared to the first six months of 2018, new comprehensive data shows.

FreightWaves continues to add depth to its air cargo data with new rate data by lane from industry standard Drewry’s.

A United Auto Workers strike against Mack Trucks could soon impact its sibling Volvo Trucks because both get engines and transmissions from the same plant in Hagerstown, Maryland.

Group accused of hijacking of truck with 8,500 mobile devices, stealing three commercial vehicles and attempting warehouse robberies in an unusually well-planned and brutal case of cargo theft in Canada.

Noel Perry heads Transport Futures in Harrisburg, Pennsylvania. In addition, he heads Transportation Economics, a consulting company focused on strategy, market research and forecasting for the North American freight transport […]

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Halliburton lays off 650 oil and gas workers; DHL expands cross-border […]

Law firm Benesch warns legislation will likely raise costs but carriers have options.

Freight volumes took a nosedive to this past week, which led to the biggest difference in annual freight volumes this year.

Significant gains expected from real-time kinematics for the port logistics and trucking industry.

The United Auto Workers plans its first strike against Mack Trucks in 35 years for Sunday, Oct. 13. A total of 3,500 union-represented workers at plants in Pennsylvania, Maryland and Florida would be affected.

A report released the same day as the tanker incident shows why it’s hard to envision higher prices.

An influx of new container ships has hiked the average size of vessels deployed on the trans-Pacific and Asia-Europe trades, reports Alphaliner.

It has been a dramatic week in Australian trucking: strip club bus-truck crash; nine months of jail; massive infrastructure works; trucker death; call for mandatory brakes; beer crates. And more!

The company employed 540 drivers and was Camping World’s primary delivery service for RVs

“Finally, a ray of hope for the U.S.-China trade relationship,” said Myron Brilliant, U.S. Chamber of Commerce’s head of international affairs.

The Boeing Co.’s [NYSE: BA] board of directors late Friday afternoon replaced Dennis Muilenburg as chairman with independent director David Calhoun, but kept him in place as chief executive officer. […]

Amazon ramps up truckload business by going all-in on power unit investment

Letter Ride LLC, a delivery service provider for Amazon, is cutting 423 positions at facilities across Texas. The company is eliminating jobs at its facilities in Austin, Dallas, Fort Worth […]

A federal appeals court overturned a nearly $800,000 damage award won by student drivers in a class action lawsuit against Werner after a jury found the carrier and its subsidiary violated federal labor and state wage laws for failing to pay for rest breaks.

Trucking volumes remain strong

Earnings estimates continue to be cut by equity analysts, however their outlook for the stocks is positive.

Business plan is murky for reincarnated carrier

Philadelphia to Chicago futures (VPC) rise on Thursday as market continues to focus on trade flows.

R. Eddie Wayland, TCA Legal Counsel The United States Court of Appeals for the Fifth Circuit, which is based in New Orleans and has appellate jurisdiction over federal district courts […]

The Graham-Van Hollen sanctions bill would cut off Turkey from U.S. military equipment and parts, as well as target foreign support of the country’s oil and gas production used by its armed forces.

Freight forwarder Flexport acquired a startup that develops technology for tracking containerized goods. Burlingame, California-based Crux Systems said its technology “informs supply chain planning by driving actionable insights that can […]

Up to three feet of snow Friday through Saturday for parts of Dakotas, Minnesota. Fierce winds, blizzard conditions.

Plus: Safety drivers take center stage; mapping C02 emissions from passenger and freight traffic.

VLCC rates are reaching epic levels in the wake of an attack in the Red Sea on an Iranian Suezmax tanker.

Reports have been surfacing that the Alberta government could grant more crude-by-rail contracts.

Accurate data and careful analysis enable fleets to reverse the trend of lower miles between unscheduled repairs.

Port of Los Angeles container volumes dipped in September and its executive director called for a negotiated settlement of the U.S.-China trade ware.

Medical marijuana firm AMP will be pursuing a European Union Good Manufacturing Procedure (EU-GMP) audit to ensure quality and integrity of its pharma goods from the supplier to the German patient.

The first news led to a spike that pulled back. But prices were higher as the U.S. trading day began.

What’s next at FMCSA after Ray Martinez departs? Tune in to FW Radio.

Larger shippers must think beyond the short-term peaks and valleys.

The Backhaulers, Robinson, and Coyote veteran is back to build a brokerage on his own terms.

Renowned logistics analyst explains how Brexit will impact cargo flows, liner shipping calls and European supply chain planning.

Confidence elevated after Trump decides to meet with Vice Premier.

Government says employers who abuse the foreign worker program face “serious consequences” after a newspaper reveals how some carriers exploited under-qualified job-seekers and put them on the road.

British billionaire James Dyson has abandoned his dream of building an electric car.

Global parcel activity will hit 200 billion a year by 2025, Pitney Bowes report predicts

Crude-tanker rates have now reached levels not seen since before the global financial crisis.

After a successful tenure with a startup freight forwarder, Fava is excited to start a new chapter at FreightWaves.

This Week’s DHL Supply Chain/FreightWaves Pricing Power Index: 30 (Shippers) Last Week’s DHL Supply Chain/FreightWaves Pricing Power Index: 30 (Shippers) Three-Month DHL Supply Chain/FreightWaves Pricing Power Index Outlook: 50 (Balanced) […]

When it comes to technology, it can be difficult to differentiate between a good investment and a waste of money.

Since 2018, Revel has expanded its fleets into Brooklyn, Queens and Washington, D.C. and plans to reach 10 cities by 2020.

Facility marks initial phase of ambitious plan to double capacity

The company is the first to release a safety assessment before testing vehicles on public roads.

Fundamentals continue to drive strength in the East regional freight futures markets.

Inpax, a delivery partner of Amazon.com, lays off more than 600 after Amazon cuts ties

Both canal stats and container transport pricing confirm continued momentum for U.S. East Coast ports.

Haldex Brake Products Corp., a Swedish brake and suspension manufacturer for heavy-duty trucks, announced on October 8 that it is shuttering its manufacturing facility in Blue Springs, Missouri, laying off around 154 workers, and will be moving production to Mexico.

SkyBitz has introduced a new sensor with camera that tracks available space and the condition of items inside a trailer. (Photo: Jim Allen/FreightWaves)

On-demand mobility tramples on public transit; lab-meat will replace large chunks of the conventional meat industry; OPEC cuts oil demand forecast for third consecutive month.

Two feet of snow possible for parts of Dakotas, Minnesota as powerful early season storm stalls over northern Plains.

Customs brokers say a permanent extension of the 2017 Craft Beverage Modernization and Tax Reform Act would incentivize Customs and Border Protection to automate the tax refund process.

Chief counsel Jim Mullen expected to take over as Acting Administrator on Oct. 28.

Half of all commercial aircraft are accessed from lessors

European logistics giant could bring its famed, eco-friendly distribution centers to North America as its global expansion continues

The Hispanic community has contributed immensely to the new American dream and is currently one of the fastest growing ethnic minorities within the trucking sector.

Updated: 3:41 p.m. Correction: Cargo revenue dropped 17%. Representing $37 million less, not 37% drop. Delta Air Lines’ cargo revenue dropped 17% to $189 million in the third quarter and […]

With U.S. rail volumes slumping in the third quarter, can PSR soften that blow to the rail’s bottom line?

Learn how to increase profitability with Loadsmart’s Smart Matching

The Swedish autonomous electric truck startup Einride closes a $25 million Series A round.

Deutsche Post-owned EV major StreetScooter has announced plans to expand to the U.S. market, commencing pilot tests early next year with DHL Express.

This is the first in a series of videos produced by FreightWaves and SmartDrive, recorded at the recent SmartDrive Customer Conference in Atlanta. FreightWaves editor-at-large John Kingston discussed several key […]

Convoy launched Automated Reloads in June. Since then, the company said in “top markets,” the number of empty miles has been reduced by up to 50% or more in some areas and carbon emissions from empty miles have been reduced 45%.

The American Trucking Association handed out a number of awards, including the winners of its Mike Russell Trucking Image Awards, at its just concluded Management and Conference Exhibition.

Georgia Ports Authority is looking to grow roll-on, roll-off cargo even as work continues on salvaging the capsized car carrier Golden Ray.

Preliminary Class 8 retail sales for September set an all-time record, but large fleet deliveries likely inflated the results that erased the previous record set in December 2006. Meanwhile, the backlog of trucks waiting to be built is falling, which is leading to layoffs..

Asian merchant shipping and major drinks manufacturers are responsible for an increase in the amount of plastic bottles found in the world’s oceans.

Körber Logistics, the investment and logistics arm of tech conglomerate Körber of Hamburg, Germany, has acquired a majority stake in the warehouse autonomous logistics robot installer and consultancy Cohesio.

Robert Wheeler is being recognized for his quick action in helping at the scene when an SUV pulled into the path of oncoming van.

A veteran investment banker in the transportation & logistics sectors, Larkin changed his focus to private equity.

Supply chains in Tokyo Bay, surrounding areas may come to standstill as Super Typhoon Hagibis approaches.

The United Auto Workers (UAW) strike against General Motors (GM) continues to take a toll on its  Mexico-based facilities. GM announced October 7 it was temporarily laying off 415 workers […]