J.B. Hunt highlights improved intermodal volume but also rate pressure
Multimodal carrier considers volume a leading indicator and price a lagging one.
Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
Multimodal carrier considers volume a leading indicator and price a lagging one.
In this edition: The annual Freezer Challenge kicks off, imported fruit season has arrived, and Spain is the home of organ transplants.
A Las Vegas man has been sentenced to supervised release and six months of house arrest for his role in a scheme to defraud the trucking company where he worked out of more than $112,000.
Could electric trucks find a new power source in decommissioned power plants. Zeem Solutions plans to find out.
The concept of “people insights” can optimize a logistics operation through a true understanding of how and where employees work best.
Alphabet’s drone delivery service is working on a larger drone design that will be able to handle orders that currently need more than one drone to handle.
Cargojet has exited its commitment for 777 aircraft with cargo conversion packages by selling the rights to aircraft trader Jetran, which is bullish on the aircraft’s prospects.
J.B. Hunt Transport Services’ fourth quarter was weighed down by insurance costs but revealed a couple bright spots at the bottom of the cycle.
Mississippi incentives helped lure a $2 billion advanced battery-making joint venture for electric trucks to the Magnolia State.
Nation’s top truck safety regulator, Robin Hutcheson, will step down Jan. 26, according to DOT.
Container lines faced overcapacity and huge losses in 2024. Then the Houthis flipped the market in favor of container lines.
Supply chain-focused startups Sayari, TrusTrace, Cart.com and Kusari recently secured a combined $330 million in capital investments.
On Wednesday, autonomous trucking startup TuSimple went private after voluntarily delisting from Nasdaq following two years of stock and boardroom drama. FreightWaves’ Alan Adler writes, “TuSimple was the first autonomous trucking company to demonstrate driverless operations on an open highway. One of its trucks traveled 80 miles with no human on board from Tucson, Arizona, to Phoenix in December 2021.”
The January State of Freight webinar from FreightWaves looked at low temperatures and signs of a warming market.
California leads zero-emission truck adoption, but other states are growing faster in certain types of commercial EVs.
What will it mean for a consumer drone manufacturer from China to enter the delivery drone market on a global scale?
A Delaware court will determine if Forward Air is required to close on a merger with Omni Logistics, or if Omni breached the deal agreement as alleged.
Supply chain software providers Manhattan Associates, Blue Yonder and AWS Supply Chain used the National Retail Federation’s annual meeting to tout new offerings and discuss recent challenges.
Lawmakers are told that criminals are registering as fake trucking companies with FMCSA.
WWL Vehicle Services Americas is closing a Houston logistics operation and moving to Freeport, Texas.
Logistics real estate operator Prologis’ 2024 outlook calls for relative softness in the market during the first half of the year before rebounding.
PS Logistics announced its second deal of the year, acquiring the flatbed operation of North Carolina-based ELS.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Pablo Palafox; Craig Leinauer; Claudia Coetzer; and Justin Martin
Cargolux is investing in aircraft to fight wildfires, a completely new line of business for the freighter operator.
The Haslam family has exercised its option to have Berkshire Hathaway buy the final 20% of Pilot Travel Centers it did not already own.
Canadian authorities shut down two trucking companies in the Vancouver area that are tied to recent highway collisions.
One-time autonomous trucking leader TuSimple took the next step in its pullout from the U.S. market by voluntarily delisting from the Nasdaq.
Equities analysts have trimmed fourth-quarter truckload estimates again after the industry limped through the final days of the year.
The benchmark diesel price used for most fuel surcharges rose for only the fourth time in the past 17 weeks.
Warehouse operator Prologis reported in-line fourth-quarter results and full-year 2024 guidance.
J.B. Hunt announced it has added former railroad executive Patrick Ottensmeyer to its board.
Container-ship diversions from the Red Sea will likely last for months. Are large-scale tanker diversions imminent?
ITS Logistics is entering this digital arena with its container management and visibility platform ContainerAI.
Air France-KLM and ocean shipping power CMA CGM, citing regulatory challenges in various nations, have agreed to discontinue their air cargo capacity-sharing agreement one year into a 10-year partnership, the […]
Brad Jacobs’ new book, “How to Make a Few Billion Dollars,” is filled with lessons for transportation entrepreneurs.
On this week’s episode of Taking the Hire Road, Jeremy Reymer, founder of DriverReach, is joined by Sepeti Moala, vice president of client success at Transportation Marketing Group.
In this edition: The FMCSA has a first; Mexico holds the top spot; and freight audit and payment hits center stage.
APM Terminals announced a deal with Plaquemines Port to build a $500 million container terminal near the Port of New Orleans on the Mississippi River.
Daimler Truck managed a 1% gain in global sales in 2023, less than expected as supply chain issues still haunted the leading OEM.
December data from Cass Information Systems shows further rate stabilization, albeit at depressed levels.
Cargojet says there isn’t enough airfreight business to justify its planned investment in 777 converted freighters. It wants to get out of its commitments, most likely by selling the aircraft to another company.
Houthi attacks have been a plus for shipping rates. The latest to benefit: Owners of container vessels that can be rented to shipping lines.
At the big National Retail Federation meeting in New York, a daylong discussion on supply chains looked back on the craziness and ahead to a bold future.
This week in Borderlands: Mexico top US trade partner in November, Laredo No. 1 gateway; PSC Group acquires rail terminal in South Texas; automotive firm inaugurates $55 million expansion in Mexico; and CBP seizes $5M worth of cocaine at Texas border crossing.
Flatbed and refrigerated truckload data suggests their markets may have floored for these two trailer types.
FMCSA is providing a rare glimpse into documents it will consider in formulating a significant safety rule.
Daimler Truck named Eva Scherer as chief financial officer to succeed Jochen Goetz, who died from a reaction to a wasp sting in August.
Echo will leverage Navix’s ecosystem of billing data to automate its freight-auditing capabilities.
The sustained imbalance between supply and demand has yet to be corrected, such that only an unprecedented tidal wave of demand could satisfy the current amount of capacity in the national freight economy.
Yellow’s estate is roughly halfway through the liquidation of more than 300 terminals, a court order showed Friday.
In 1986, the Federal Maritime Commission put a stop to a six-month legal case against a Singaporean shipping line after it decided there was nothing to the case.
Delta Air Lines’ cargo business saw some improvement during the fourth quarter, but the overall enterprise performed very well, according to results released on Friday.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Nils Larson; James Less; and Sal Mercogliano
Strategic theft is particularly insidious because it often involves fraudsters manipulating the very tools that companies implemented in order to make their supply chains more efficient.
The Teamsters had a good few months at the end of 2023 in their organizing efforts, racking up several victories.
Freight brokerage Coyote Logistics has slashed an unspecified number of jobs in its sales and operations divisions.
The New Year could see potential rate increases due to several factors. Here are some strategies you need to keep in mind.
TruBlu Logistics is divesting its private long-haul fleet and will transition cross-dock shuttle operations to another company, affecting over 600 trucking jobs.
Hydrogen was a big topic through the mobility and transportation space at the Consumer Electronics Show in Las Vegas.
FreightWaves spoke with experts from across the supply chain about technology lessons learned in 2023 and what strategies will succeed in 2024.
GXO Logistics is closing a Memphis distribution facility and laying off 211 workers.
Maersk has opted to bypass the drought-stricken Panama Canal and use rail to transport cargo across Panama.
Florida International University College of Business’s Dr. Patrucco teaches novel approaches to buyer-supplier relationships.
Walmart’s latest drone news could be a huge steppingstone for delivery drones in the United States.
The freight recession may ease earlier than expected, according to recent comments from Morgan Stanley analyst Ravi Shanker. In a call to clients on Monday, Shanker said, “Shippers continue to remain on reorder ‘strike’ while they wait for stronger signals or more favorable conditions on macro but while destocking at the same time, which could lead to everyone wanting to restock at the same time, when the coast clears (or they run out of inventory).”
After World War I, veterans took up farming and provided food supplies and wheat to Western Australia. But when emus began to threaten that supply chain, another war broke out. The emus won.
Ree Automotive’s Class 5 delivery van is the first to eliminate mechanical linkages for steering, braking and driving.
After agreeing to a $1.675 billion fine for violating the Clean Air Act, Cummins Inc. will pay California $175 million in the same case.
Two crew members died and another was injured after an early morning fire aboard a container ship at Port Houston.
Werner Enterprises said Wednesday that Nathan Meisgeier, its chief legal officer, has also assumed the role of president of the company.
Highway, port and freight rail projects are caught up in a Government Accountability Office report questioning how the Department of Transportation justifies infrastructure investments.
Tension between stores and suppliers has intensified amid commodity fluctuations.
New owners have taken control of troubled Amerijet, which is scuttling several aircraft leases and laying off more workers to preserve cash.
project44 has consistently worked to bring greater transparency and visibility to the ocean sector, launching a suite of solutions powered by AI and machine learning.
The upsurge in rates due to ship diversions did not come soon enough to rescue container lines’ fourth-quarter results.
Despite often being more dangerous in nature, cargo-related crimes in Mexico receive a fraction of the attention that is afforded to similar issues happening in the U.S. and Canada.
Ryder has opened a major distribution center in Indiana for printing giant Lexmark, which has manufacturing sites in the U.S. and Mexico.
As the Houthis disrupt Red Sea trade, we’re seeing how fragile our supply chains are (again).
New CEO must reverse long-term stagnation in shareholder value.
The final Department of Labor rule on independent contractors was mostly unchanged but with some small wins for the trucking industry.
Will Urban has joined the board of LuckyTruck, a company that uses historical truck data and automation to provide an insurance management platform.
Digital freight brokerage Uber Freight confirmed Tuesday it was forced to cut a number of jobs in order to align with its “continued commitment to drive sustainable growth.”
PS Logistics’ latest acquisition adds several hundred trucks to its Southeast operations.
Middle-mile autonomous trucking leader Gatik is benefitting from additional technology advancements in its collaboration with Goodyear.
Seattle-based logistics startup Flexe is laying off 99 workers, its third round of layoffs in two years.
Craig Fuller, CEO and founder of FreightWaves, has joined the board of directors of Repowr, a Chattanooga-based FreightTech company pioneering the largest commercial trailer marketplace in North America.
A California-based third-party logistics company, which had 34 power units and 33 drivers, filed for bankruptcy liquidation on Thursday.
Kodiak Robotics showed its 6th-generation autonomous truck that will begin hauling freight without a driver in Texas later this year.
A decision by the U.S. Supreme Court not to review a case involving broker liability leaves that question unresolved among the circuit courts.
Red Sea escalation would juice tanker rates, but rates would fall if the conflict spilled into the Strait of Hormuz.
The benchmark used for most diesel surcharges was down for the 13th time in 16 weeks.
Berkshire Hathaway and the former owners of Pilot Travel Centers have settled their legal differences on the day trial was set to begin.
Private firm Longpoint acquires 25 commercial logistics warehouses in South Florida for $262 million.