News

Universal Logistics posted lower Q4 revenue in its trucking, intermodal and brokerage segments.

In addition to key issues in lawsuit, parties at odds over scope and time frame.

The downward slope in cargo revenue at Air Canada began to level out during the fourth quarter, and management is optimistic 2024 will be better for airfreight than last year.

In this edition: DHL grows again, flowers for a sweetheart, and Taco Bell’s latest craze.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Matt Silver; Hamish Woodrow; Joe Schreiner

Fleet telematics provider Motive Technologies filed a lawsuit Thursday alleging Samsara Inc. copied and used its proprietary technology and patents.

Samsara is working to create a system of record specific to physical operations, helping users conceptualize variables like fuel consumption and asset location.

Quiet and zero tailpipe emissions battery-electric trucks are gaining popularity across the industry for parts shipment to assembly plants.

The EU’s new supply chain law focuses on corporate accountability in regard to human rights and environmental practices.

Amazon Air is closing a Texas cargo-handling facility, which will result in the layoff of 65 workers.

The crisis in the Red Sea will require companies to start planning for peak season in the next few months.

Cass freight data for January shows continued weakness, but the month included harsher-than-normal winter weather.

A federal task force wants contract details from truck drivers to help expose and combat predatory lease practices in the trucking industry.

UPS is rationalizing its air network as demand falls, but it is still adding aircraft when it makes sense.

Port director Gene Seroka cited replenishing inventory and consumer spending as drivers of growth.

Former President Donald Trump is lashing out at President Joe Biden ahead of Biden’s scheduled trip to East Palestine, Ohio, saying the president waited too long to visit the site of a train derailment.

Two owners of a Utah trucking group were recently convicted for their roles in a pay-to-play fraud scheme that siphoned more than $108 million from FedEx Ground.

An administrative law judge ruling against the current system of chassis pools was upheld by the full Federal Maritime Commission.

Investment bank Piper Sandler cut its rating on trucking-focused bank Triumph Financial even as it offered praise for the company’s strategy.

Ryder has a plan in place to reduce its reliance on equipment leasing. Its progress could be seen in its earnings.

A CSX worker was killed Tuesday in North Carolina when he was hit by moving equipment.

Retired rail workers in Mexico created blockades at border crossings in Arizona and Texas on Wednesday, seeking severance pay and benefits from Mexican authorities.

Alaska Air Cargo will debut its second Boeing 737-800 freighters next month, opening the door for the first all-cargo service between Alaska and Los Angeles.

Revenue strength will likely be a second-half story for GXO.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Mustafa Azizi; Ryan Schreiber; Adrian Garcia; Justin Scott

A Delaware bankruptcy court will decide on March 6 if it will hear pension withdrawal liability litigation against Yellow Corp.

The Federal Railroad Administration is warning rail workers about the dangers of rolling stock following the death of a Norfolk Southern worker last week in Alabama.

Angela Chao, CEO of global shipping firm Foremost Group and Mitch McConnell’s sister-in-law, died in a car accident.

Houthiville and Mother-in-law Nature are making international logistics a visit to the eyeball surgeon before modern painkiller.

How do you spend $41 billion without buying more ships?

The European Union blessed a Korean Air takeover of Asiana Airlines under the condition that Asiana sells off its cargo airline.

Transportation and manufacturing groups are warning federal regulators against using driver-assist data in developing a rule that could determine a trucking company’s ability to stay in business.

Trimble Inc. reported fourth-quarter transportation revenue of $194 million, boosted by strong sales in North America.

Zoning changes banning logistics facilities in Deerfield, Illinois, are to take effect Feb. 20.

ArcBest announced Tuesday it can now provide autonomous and remote-controlled forklift technology.

The owner of an Ohio trucking company pleaded guilty to wire fraud, admitting his role in a scheme to overbill shippers and consolidate shipments headed for Amazon warehouses and Bath & Body Works stores.

Texas leads the U.S. for the most traffic bottlenecks for truckers on ATRI’s 2023 Top Truck Bottlenecks list, with 13.

International Roadcheck through North America will take place in mid-May this year.

Despite concerns about the impact of international tensions on global trade, shipyards are flooded with orders.

New Jersey’s leading insurance trade group says umbrella coverage is likely the way to go for fleets  looking to meet the state’s new $1.5 million minimum.

The DOE/EIA benchmark price used for most fuel surcharges is above $4 for the first time since December.

Mexico’s trade with the U.S. rose 2.5% year over year to $798 billion in 2023, boosted by exports of fuel and imports of passenger cars.

Digital freight marketplace CDL 1000 has acquired Next Trucking after the latter announced in June it was looking for new funding.

Small and large trucking companies will see benefits restored if the Senate advances a new tax package.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Paul Gioupis; Raj Subbiah; Liz Wayne; Constantine Komodromos

Liquid bulk hauler Kenan Advantage Group announced it has entered the dry bulk space with the acquisition of Northern Dry Bulk.

A rise in Chinese imports indicates seasonal trends are playing out as usual, very much unlike 2023’s anemic performance.

The air cargo market has certainly turned around from the depths of last summer, but the extraordinary increase in January volumes should be taken with a grain of salt. Conditions are improving, but short-term factors inflated the January numbers.

Reaction to RXO’s fourth-quarter earnings has been decidedly negative, and the first quarter started off weak.

As many as 14,000 former Yellow Teamsters could head back to work if a would-be less-than-truckload startup can persuade creditors to approve their plan.

This week in Borderlands: Zerio focused on technologizing global supply chain security compliance; Port Houston welcomes new Latin America shipping container service; Tesla auto parts supplier expanding Texas logistics operation; and Korean EV parts maker opens factory in Mexico.

The current level of deterioration is historically fast, meaning the truckload market has the increasing potential to flip to a much tighter environment without much notice.

This week on FreightWaves we look at whether UPS is struggling or not; a convoy rallying for stricter border patrol takes over Texas; the FMCSA cracks down on sham towing fees; another trucking company files for bankruptcy and truckers in Mexico strike against cargo theft.

In this edition: Misfits Market moves to fulfillment, Interstate Cold Chain gets new equipment, and avocados are the Super Bowl winners.

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.