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.
Zim Integrated Shipping Services is restructuring its Cross-Atlantic services connecting Mediterranean ports with North and South America.
Tender volumes declined over the week, but tender rejections and spot rates found a little positive momentum over the past week.
This week in Borderlands: Truck driver salaries in Mexico averaging $423 a month in 2024; Horizon Auto Logistics opens office in Veracruz, Mexico; LG Electronics opens $60M plant in Central Mexico; and Texas bridge project receives $80 million in federal funding.
Truckload contract rates are starting to move higher in an environment where they have every reason to continue to fall.
A shuttered Illinois-based trucking company that once hauled general freight, liquids and gases, beverages and paper products recently filed for Chapter 7.
Russia conveyed Iranian data to help Houthi rebels in Yemen attack commercial shipping in the Red Sea.
Fleet managers are turning to new AI-driven Drowsiness Detection technology, which shows that 77% of drowsy driving events are detected by behaviors other than yawning alone.
The organization’s new admitted trucking program is representative of TIE’s dedication to bringing more capacity to the underserved trucking insurance landscape.
Universal Logistics Holdings officials said they expect operating revenues of $1.8 billion to $1.9 billion in 2025.
Grace Ocean and Synergy Marine have settled with the U.S. government but still face civil lawsuits resulting from a deadly container ship accident that brought down Baltimore’s Francis Scott Key Bridge.
Virgin Atlantic is adding its shortest route, but the flights will only haul freight. On Friday, the carrier announced service between London Heathrow and Brussels.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Danny Ramon; Lewie Pugh
Less-than-truckload carrier Saia saw a modest backup in financial results during the third quarter but reasserted confidence that it’s on the right path with its terminal growth strategy.
Hurricanes, cargo theft, double brokering, and accidents all can negatively impact insurance rates.
East Coast ocean carriers and terminal operators will resume bargaining with the International Longshoremen’s Association on a new contract in November.
German transportation provider Hapag-Lloyd reported preliminary nine-month profits and raised its full-year forecast as vessel diversions pushed up shipping rates.
As the industry continues to evolve, choosing the right fleet management software can prove daunting.
A new study projecting adoption of hydrogen internal combustion engines over the next decade suggests modest adoption.
Pam Transportation said even though its third quarter was bookended by soft demand, it saw sequential improvement in operating trends.
Funding from FEMA will help protect operations and infrastructure at the second-busiest U.S. container hub.
Less-than-truckload carrier Saia’s less favorable freight mix and higher cost structure from a terminal expansion weighed on its third quarter.
DHL is signing up for hydrogen trucks to be used in Illinois.
Universal Logistics Holdings’ third-quarter financial results show year-over-year decreases in its trucking, brokerage and intermodal segments.
Inside this week’s WHAT THE TRUCK?!? newsletter: Cucumber shortages; is 2026 the year of EVs in trucking; worst places for traffic according to truckers
In the first episode of the new Bring It Home podcast, co-hosts Craig Fuller and JP Hampstead speak with Dunavant Enterprises CEO Bill Dunavant about the future of Memphis Tennessee as “America’s supply chain capital.”
UPS’s financial performance bounced back in the third quarter, but it flagged macroeconomic weakness and in-store shopping as potential headwinds for fourth-quarter volumes.
An arbitrator has been appointed to oversee contract negotiations between Canadian Pacific Kansas City and the Teamsters Canada Rail Conference.
Covenant Logistics Group reports truckload revenue of $198 million in the third-quarter, despite a soft freight market.
Ryder has been pushing to rely less on vehicle leasing, and it’s getting there.
The linear model of traditional supply chains is no longer adequate for modern freight thanks to e-commerce and different fulfillment methods. The dynamic nature of today’s supply chain requires unified planning.
ATA economist Bob Costello cites macroeconomic “return to normalcy” as a promising sign for trucking amid stagflation and private fleet growth.
Union workers voted Wednesday to reject the latest employment contract offer from Boeing.
Knight-Swift Transportation beat third-quarter expectations and provided some positive anecdotes around recent demand and pricing trends.
CN and the Teamsters Canada Rail Conference have scheduled mediation for early 2025 as the sides move closer to a new collective bargaining agreement.
U.S. weekly rail traffic showed a modest gain for the week ending Oct. 19, 2024.
Union Pacific Corp. in the third quarter saw double-digit gains for income and earnings on modest carload volume improvement and lower fuel prices.
Canadian Pacific Kansas City’s third-quarter profits and revenue increased despite the impact of the four-day work stoppage in Canada, the railway reported on Wednesday.
Here’s a first look at Ryder’s third quarter earnings.
A New Jersey supply chain company is making its workforce more inclusive by partnering with a local nonprofit to train people who have autism, providing them skills to become competitive job candidates.
Tesla plans to ramp up full production of its all-electric Class 8 Semi truck in 2026.
October’s SONAR webinar looked at key factors in earning the Shipper of Choice distinction.
Covenant Logistics Group reported 2% quarterly growth in freight revenue, “despite the prolonged general freight market down cycle,” Chairman and CEO David R. Parker said.
Knight-Swift Transportation beat the third-quarter consensus estimate but provided a mixed earnings outlook for the next two quarters.
CPKC saw single-digit gains in freight volumes in the third quarter, but the operating ratio climbed as a brief lockout of union employees hit network operations.
Continued weakness in freight demand weighed on Old Dominion’s third quarter, but the less-than-truckload carrier said current sequential trends are the best in two-and-a-half years.
Supply chain software provider Manhattan Associates says it is taking longer to close deals.
Learn insights from an MHC dealer and Kenworth OEM on why heavy-duty fleets should consider RNG a priority in their decarbonization strategy.
A Greek-owned freighter capsized and sank after being hit by a bulk carrier in Senegal’s port of Dakar.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Nick Souza; Ashley Hammonds
The Boeing Co. on Wednesday reported a loss in revenues of over $6 billion in the third quarter.
Latest The Stockout show explores sock puppets This is how RFK Jr. sees U.S. food regulators. (Image: FWTV) On Monday’s The Stockout show, which focuses on topics relevant to shippers […]
The second-busiest U.S. container gateway moved record levels of cargo in September and in the third quarter on diversions ahead of an East Coast work stoppage and continued demand for holiday merchandise.
Strong third-quarter volumes have the world’s second-largest ocean container line upgrading its forecast for higher full-year returns.
CSX Transportation has reached new tentative five-year deals with the International Brotherhood of Electrical Workers and the National Conference of Firemen & Oilers. The railroad also announced ratification of an agreement with yardmasters represented by the International Association of Sheet Metal, Air, Rail, and Transportation Workers-Transportation Division.
Old Dominion Freight Line’s third-quarter came in slightly ahead of analysts’ lowered expectations, but its volume trends remained soft.
An early peak shipping season, strong economy and resilient consumer spending boosted container volume to a record quarter at the Port of Los Angeles.
Canadian National Railway posted third-quarter revenue slightly better than a year ago as operations appeared fully recovered from destructive wildfires and a labor dispute that briefly shut down the railroad.
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform. October’s session includes an overview of recent disruptive impacts to the […]
TFI CEO Bedard said on an analyst call that he wasn’t sorry the company bought UPS Freight, but he was plainspoken about its issues.
A record number of port calls by container ships presages higher forecast growth for the sector, according to a U.N. report.
DHL Express says a new aircraft maintenance hangar and extra parking positions now under construction will minimize the amount of time aircraft are out of service and increase capacity at its U.S. superhub near Cincinnati.
In this edition: Breaking down talent research findings, and the Port of LA looks to set a new record.
The National Transportation Safety Board said an improperly installed borescope plug led to a January engine fire on an Atlas Air Boeing 747. Maintenance on the aircraft was performed just four days before the incident.
Norfolk Southern has reached a tentative five-year agreement with the International Brotherhood of Electrical Workers, the railroad announced Tuesday. The agreement, subject to ratification, means the railroad has tentative deals with approximately 67% of its union workforce.
Norfolk Southern delivered significant gains in earnings and operating ratio during 2024’s third quarter, with new CEO Mark George noting the railroad is “continuing to close the margin gap” with its peers.
Norfolk Southern (NYSE: NSC) posted third-quarter earnings from rail operations of $1.6 billion, along with an operating ratio of 47.7% and diluted earnings per share of $4.85, the railroad announced Tuesday.
Uber Freight is expanding international operations with a new customs-focused office in Nuevo Laredo, Mexico.
An Illinois trucking company recently notified most of its company drivers that it could “no longer support part of its fleet operations” and terminated their positions “due to current market conditions.”
Canadian transport and logistics company TFI International’s third-quarter earnings missed consensus forecasts by 18 cents per share.
The benchmark diesel price used for most fuel surcharges declined Monday after four weeks of rising prices.
This year’s F3: Future of Freight Festival will pull into the heart of Freight Alley in Chattanooga, Tennessee, Nov. 19-21.
Ocean Network Express and terminal operator DP World created a message on a dockside canvas during Breast Cancer Awareness Month.
Emirates has placed an order for five current-generation 777 freighters and is eyeing a big order for next-generation freighters from either Airbus or Boeing.
According to a new report by Becker Logistics, cargo theft varies seasonally and by mode and location.
Less-than-truckload carrier Saia said it will open three terminals in October, pushing its new terminal count to more than 20 this year.
Importers with the National Retail Federation fear a second Trump administration could hurt business with higher tariffs on consumer goods.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Ryan May and Rehman Khan
Welcome to the download hub for Getac’s IDC TCO InfoBrief – your ultimate guide to Achieving Digital Transformation At A Lower Total Cost of Ownership (TCO). This invaluable resource provides […]
Tender volumes and rejection rates moved lower over the past week, while spot rates increased slightly during the week.
This week in Borderlands: Port of Corpus Christi becomes global crude oil supplier; Port of Brownsville secures $43M loan for ship channel expansion; US Lumber Brokers acquires Texas distribution center; and Holt Truck Centers expands across Texas with acquisition.
An early peak shipping season, strong economy and resilient consumer spending boosted container volume to a record quarter at the Port of Los Angeles.
Yellow’s Chapter 11 plan before a federal bankruptcy court includes up to $100 million in payments to employees holding paid-time-off and commission claims.
Taylor Swift, who is currently on her Eras Tour, paid over $15 million to ship stage equipment from the United Kingdom to the United States.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by NASA’s Logan Kennedy; Tamara Collyer
In this edition: Long-lasting implications for the medical supply chain following the hurricanes, DeltaTrak gives solutions to the masses and Butterball gets the turkey ready.
Port-owned New Orleans Public Belt Railroad and logistics specialist Heniff Transportation Systems have opened a new state-backed transload facility aimed at dry and liquid bulk customers.
Marten Transport turned in a quarterly earnings report that was negative by almost every measure.
Mexico’s Congress has passed legislation that would reverse railroad privatization laws enacted in the 1990s and give the government more control over rail operations, particularly passenger rail.
Using electric trucks for inbound logistics includes Daimler Truck with a 2026 goal of zero-emissions truck deliveries to its plants.
Azul Airlines will soon deploy its first two Airbus A321 passenger-to-freighter aircraft.
At TIA Technovations, logistics technology leaders tackled the challenges of balancing tech investments with tight budgets. The panel highlighted the need to be strategic with implementations, maximize existing tools and foster collaboration with vendors.
The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency.
A Texas trucking company and its affiliated companies have shuttered operations and recently filed for bankruptcy liquidation, citing serious financial conditions as the main reason.
Forecasts of a bullish freight market were featured in this month’s State of Freight webinar for FreightWaves SONAR.
In this issue of the WHAT THE TRUCK?!? newsletter: is the market normalizing; trucking pandas; more
