News

In this edition: The end of the freight recession has come, and the U.S./Mexico border gets busier.

Smaller railroads have received $2.6 billion for more than 220 projects since the inception of the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvement grant program.

The freight industry must take a series of steps to combat an epidemic of fraud.

Market demand for a range of railcar types boosted revenue and deliveries for FreightCar America in the third quarter, and the builder revised its guidance upward for fiscal 2024.

Keith Wilson, the owner and CEO of Portland, Oregon’s, Titan Freight, has won a surprise victory as that city’s mayor.

Uber Freight’s payout to Greenbriar signifies a shift, highlighting both Uber Freight’s evolving valuation and the foresight of Greenbriar’s strategic financial protections.

It could be the end of the freight recession. What does that mean for 2025?

Terminal operators and ocean carriers on Sunday locked out striking dockworkers at the Port of Montreal after the union said the contract proposal doesn’t address scheduling or automation concerns.

With the next Trump administration expected to drive regulatory changes, experts anticipate a surge in M&A activity across retail, e-commerce and FreightTech, as companies like Amazon and DoorDash look to expand in a pro-business environment.

U.S. liquefied natural gas exports to China could be affected by an escalation of tariffs between the two countries, said Ricaurte Vasquez, administrator of the Panama Canal Authority.

While imposing tariffs in the past has done damage to the U.S. economy, today’s incoming tariffs are likely to have a different outcome for a multitude of reasons.

he third-largest ocean container carrier, CMA CGM, saw bottom-line improvement as higher rates on vessel diversions amplified a single-digit volume increase.

Schneider National announced it will begin an intermodal service connecting Mexico and Texas with the U.S. Southeast next month.

Western Canada port employers and their longshore union met separately with a federal mediator Saturday, but the talks ended quickly with no new bargaining scheduled.

Air Transport Services Group said fewer aircraft in revenue service plus higher expenses led to a reduction in core operating profit during the third quarter, but the current quarter is expected to be better.

Tender volumes declined over the week, but tender rejections and spot rates are showing signs that peak season is going to be favorable.

This week in Borderlands: Averitt completes major facilities expansion in San Antonio; Bennett Family of Companies opens new facility in Texas; Aerospace manufacturer completes $28M expansion in Mexico; and Mode Global acquires freight brokerage division of Jillamy.

Spot and tender rejection rates point to a strong tightening in the national truckload market. Is this the end of the freight market recession?

Consumers are concerned that imposing tariffs means retailers will raise the price of goods. But retailers are likely to look for other sourcing options and new strategies.

BNSF Railway, CSX, and Union Pacific filed lawsuits against the Federal Railroad Administration today for its failure to act on a half dozen safety waiver requests that in some cases would allow railroads to scale back visual inspections in areas where they have deployed new high-tech train and track inspection systems.

China isn’t about to let its export market go belly-up. Instead, it will do what it always does – pump money into its industries to soften the blow of U.S. tariffs.

As a strike by longshore workers cripples container handling, Port of Montreal employers plan to lock out union employees.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Craig Fuller; Molson Hart; Thom Albrecht

In this edition: A new solution to supply chain waste in pharma, Lineage’s first earnings post-IPO and the NFL’s favorite treat.

The United States Maritime Alliance and the International Longshoremen’s Association are scheduled to resume bargaining next week on a new master contract covering 45,000 workers at 36 East and Gulf Coast ports.

Proficient Auto Logistics had warned of a weak quarter. The numbers released Friday proved that projection correct.

After the most prolonged freight recession in history, the market has been showing signs of recovery over the past few months.

Hurricane Rafael, which struck Cuba as a Category 3 storm, is not expected to hit the United States.

Bharath Krishnamoorthy, co-founder and CEO at Denim, discussed the ways freight brokers streamline their operations.

As public confidence in autonomous vehicles continues low, autonomous trucking developers are reeling in safety data from third-party experts.

Donald Trump’s election victory has huge implications for U.S. trade and tax policies, climate change, the war in Ukraine, electric vehicles, and illegal immigration. Here is a summary of policies he has said he will pursue in his second term.

COVID-19, a shift in China’s main focus, an imbalance in U.S. trade with China and more all mean reassessing how nations engage with global trade.

For months now, it has been clear that shippers have frontloaded record imports to the country, largely to avoid expected tariffs.

Stakeholders from across the supply chain discussed strategies and opportunities at the third annual Houston International Maritime Conference.

Old Dominion, CSX among largest post-election gainers as freight stocks outperformed broader averages.

President-elect Donald Trump’s campaign focused heavily on tariffs against China. Now that he’s won, tariffs are getting a lot of attention. But the issue has more than economic implications. It is about national security.

As a strike by dockside workers disrupts container handling, Montreal’s port chief executive calls on Ottawa to force union employees back to work.

Top freight stories of the year so far; FreightWaves’ founder for DOT secretary; and more.

RXO is boasting that its projected efficiency savings from the Coyote Logistics acquisition will surpass earlier estimates.

The company that produces A321 converted freighters is adding a production line in Japan on the expectation that cargo airlines in the region will need more standard-size freighters.

Judy Love, the co-founder of Love’s Travel Stops, died on Tuesday in Oklahoma City. She was 87.

The Transportation Security Administration has proposed a rule that would require cybersecurity risk management and reporting requirements for some freight and passenger railroads, as well as rail transportation.

In the wake of the 2024 presidential election, trucking industry groups see new opportunities to change the regulatory and legislative landscape.

Ships are waiting at anchor after port employers at Vancouver and Prince Rupert on Monday locked out union forepersons after contract talks broke down.

Propelled by a big jump in intermodal traffic, weekly U.S. rail traffic had its biggest gain in seven weeks over the period ending Nov. 2.

RXO’s third-quarter earnings were highlighted by the first numbers from Coyote Logistics as well as an operating loss.

Forward Air continues to refresh its leadership team, hiring a new chief commercial officer on Wednesday.

Policies instituted over the past four years during the Biden-Harris administration will likely be reversed or sped up – many to the benefit of the trucking industry.

A family-owned cross-border trucking company — McKevitt Trucking, headquartered in Thunder Bay, Ontario – has ceased operations after more than three-quarters of a century.

Lufthansa Cargo is helping Shanghai Pudong airport improve cargo operations and signing capacity agreements with Chinese air cargo and postal operations.

Hapag-Lloyd’s dual-fuel-powered container ships will replace older vessels and reduce emissions.

Bipartisan bills including the Safeguarding Our Supply Chains Act and the Combating Organized Retail Crime Act of 2023 propose significant federal support to address the increase in freight fraud and organized retail crime.

An extensive study by a U.N. panel found that Yemen’s Houthi rebels are taking in as much as $180 million a month in protection money from shipowners.

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Schneider National is hopeful for a better seasonal inflection in the fourth quarter, noting some areas of the truckload market are seeing significant capacity exits.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Craig Fuller; Lewie Pugh

As the Senate shifts toward the right, rail safety could have a different future, especially as the pending rail safety legislation did not secure enough votes to continue. But experts believe there are a few items that could be considered.

Tariffs, taxes, the FTC and food regulations are among the major issues.

Strategic theft and straight theft are particularly prevalent in today’s market.

Hurricane Rafael is expected to take aim at the United States after making landfall in Cuba, but the storm’s possible intensity and damage to the U.S. coast remain unclear.

With deep roots in the truckload space and a strong commitment to innovation, Werner has positioned itself as an intermodal leader across the North American markets.

Two incendiary devices bound for delivery by DHL from Europe to North America were discovered this summer, prompting Western officials to investigate their origin.

Wabash National, feeling the impact of lower trailer orders, gets a negative outlook at S&P.

Tariffs, tax cuts and legislation supported by President-elect Donald Trump are predicted to benefit the freight industry.

Schneider National missed third-quarter expectations Wednesday, but shares of the truckload carrier were up 4% in early trading.

Trimble Inc. said its transportation segment performed well during the most recent quarter, with revenue increasing 1.4% to $195 million.

Cargo insurance is one of the top expenses for carriers, but what does it really do and why is it so important?

Lineage Inc. announced quarterly results Wednesday for the first time since becoming a public company.

A group with trucking interests as a key driver has been formed in Texas to push new tort reform.

A Miami trucking company and its five affiliates with more than 400 drivers recently filed for Chapter 11 bankruptcy protection.

A former bookkeeper for an Iowa trucking company was sentenced to two years in prison after a guilty plea.

Cargojet reported good third-quarter results and says it is adding capacity to meet expected demand growth.

The Swiss container carrier MSC said it is adjusting the port rotation on its United States to South America east coast service.

GXO Logistics Inc. sees an upward trend in the global freight market in 2025, boosted by e-commerce.

Alone among major liner operators, CMA CGM of France has maintained scheduled voyages between Asia, the Mediterranean and North America ports via the turbulent Red Sea.

Dedicated fleets allow companies to provide the top-notch service their customers want without the high levels of risk and investment involved in creating private fleets.

In this edition: Breaking down the biggest day every four years, and another strike has it feeling like Groundhog Day.

International Association of Machinists and Aerospace Workers union members voted to approve a new contract with Boeing on Monday, putting to an end a lengthy strike in the Pacific Northwest.

A late night crash on Saturday involving a semi-truck left four people dead and 17 injured in southeast Michigan.

Expeditors International by numerous metrics had a strong third quarter.

October’s Logistics Managers’ Index showed supply chain managers expect transportation rates to move significantly higher over the next year.

Mike Baudendistel, head of intermodal solutions at FreightWaves SONAR, discussed on The Stockout’s election special Monday what Tuesday’s presidential election might mean for the retail and consumer packaged goods industries.

In the wake of the disastrous hazardous materials derailment last year in East Palestine, Ohio, the Federal Railroad Administration has repeatedly said it’s doing everything it can to improve rail safety.

Forward Air lowered full-year earnings guidance on Monday and said it wouldn’t address press reports that it is up for sale following a messy merger.

GXO achieved 28% revenue growth in the third quarter to a quarterly record of $3.16 billion, boosted by new e-commerce customers.

The benchmark diesel price used for most fuel surcharges declined in the middle of a wild swing in futures markets.

While small transportation companies are often priced out of traditional insurance policies, Loadsure’s data-driven model allows for accurate pricing and empowers clients with active risk management insights.

Two-year-old SpeedX is entering the international logistics sector with the acquisition of Accelerated Global Solutions.

Employers at the Port of Montreal say they will suspend salary guarantees for striking longshore workers who have shut down two container terminals.

The Alabama Port Authority has begun the fourth phase of its $104 million container terminal expansion project at the Port of Mobile.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Don Everhart; Carlos Barbosa; Josh Lovan

J.B. Hunt Transport Services has announced executive management changes as it aims to increase its market share during the next freight market upswing.

Supply chains will see direct effects regardless of the outcome of the presidential race. But what specific impacts on the freight industry are likely under a Harris versus a Trump administration?

The British Columbia Maritime Employers Association representing ocean carriers and terminal operators plan to lock out union forepersons after the International
Longshore and Warehouse Union rejected a final contract offer.

The American Medical Manufacturers Association is advocating for tax incentives and tariffs to encourage more U.S. medical equipment production amid concerns over supply chain disruption following recent hurricanes and ongoing competition with foreign trade partners.

The growth of cross-border e-commerce shipping influenced investment house Stonepeak’s decision to acquire Air Transport Services Group.

BNSF Railway’s profits, revenue and volume all increased for the third quarter, thanks to surging intermodal and agricultural shipments.

The Environmental Protection Agency has awarded nearly $250 million for a multistate project to add electric truck chargers along the I-95 freight corridor.

This week in Borderlands: Major expansion project announced for Port of Progreso; Kawasaki Motors inaugurates $200M plant in Mexico; Logistics provider Veho expands into Texas; and Videndum moves into Phoenix logistics location.

Ocean shipping and logistics services provider Matson saw improved third quarter profits as higher China and domestic freight rates offset mixed container volumes. Operating income was $227 million for the […]