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After years of volatility due to economic uncertainties and global disruptions, the freight industry is seeing early signs of recovery. However, this recovery comes with challenges, including tighter capacity and heightened expectations for operational efficiency.
Container rates to the U.S. West and East coasts stayed above $5,000 per FEU as tariff talk and labor issues shadowed shippers’ plans.
Next year is expected to be a transformative one for carriers.
The air cargo market will double in size over the next 20 years, and express will be the industry’s main growth engine, Boeing said in a new forecast.
This playbook offers a step-by-step checklist on how to vet your for-hire carriers to ensure compliance, reduce fraud, and safeguard freight operations. It provides actionable insights for freight brokers, 3PLs, […]
The New Jersey attorney general has filed arguments against tossing the indictment that includes NFI CEO Sidney Brown.
This week inn Borderlands: Texas bridge expansion focused on cross-border trucking; Mexico plans $3B expansion for Port of Manzanillo; John Deere building $55M factory in Mexico; and Speedy Freight opens 50,000-square-foot warehouse near Dallas.
Intermodal continued to outpace carloads, according to the latest data from the Association of American Railroads.
ACT Research forecasts an end of the Great Freight Recession in the for-hire truckload space, but private fleet expansion is tempering expectations.
A California man was sentenced to two years and nine months in federal prison for embezzling nearly $1.6 million from the Fresno-based trucking company where he worked for 15 years.
Animus between co-founders of TuSimple is playing out in courts across the US with a proposed liquidation the latest salvo.
The Shipper Rate Report — presented in partnership with U.S. Bank and BlueGrace Logistics — is a quarterly publication using freight payment data from U.S. Bank in conjunction with SONAR datasets to create the […]
As Americans enjoy a Thanksgiving weekend of turkey, pumpkin pie, football and togetherness, here is a roundup of just a few of the trucking businesses and nonprofit organizations that pay it forward year-round through philanthropic initiatives.
As Thanksgiving celebrations near, supply chains face a surge in criminal activity. A recent CargoNet report highlighted 174 thefts worth $7.84 million during Thanksgiving week over the past five years, […]
A former NFL player and his business partner, who were co-owners of a construction business and trucking company, and their bookkeeper face fraud charges after prosecutors claim they engaged in a scheme to obtain $1.4 million through the Paycheck Protection Program.
An inspector general’s report warns that DOT’s operating administrations are at risk for cyberattacks that could have a “major impact” on their missions.
The Chinese bulk carrier Yi Peng is suspected in damage to undersea communications cables in the Baltic Sea.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Zach and Max Schuchart; Michael Caney; Joel Black
Container volumes in Houston and New Orleans fell in October, while Corpus Christi, Texas, was boosted by crude oil shipments.
It’s that time of year – retail news abounds on FreightWaves and elsewhere I thought Target’s management team put it well last week as it now describes consumers as “resourceful,” […]
Trailer manufacturer Great Dane has reached a settlement with the DOJ over the company’s hiring practices for noncitizens who are in the U.S. legally.
Maritime transportation could be vulnerable to remote attacks, the U.S. Coast Guard states in a new security directive.
Delivery of replacement aircraft for five freighters recently retired by Avianca Cargo has been pushed back by six months or more, but the airline has still been able to maintain revenue levels.
Corey Klujsza, vice president of RXO, talks about Coyote Curve integration, the company’s latest spot market report and what the report means for the freight market.
The choice between public and private fueling sites depends on a fleet’s size, location and usage patterns, allowing for a tailored solution to meet specific operational needs.
A former driver for Walmart has won an almost $35 million verdict against Walmart after he was fired following an injury.
Some Amazon employees are preparing to strike or protest on Black Friday as part of the “Make Amazon Pay” demonstrations against alleged labor abuses.
Doug Waggoner, CEO of Echo Global Logistics, discusses the strategy of accepting risk losses on contract freight in order to remain in good standing with shippers and take advantage of higher margins in the spot market.
KF Aerospace is swapping out old Convair cargo planes for more modern ATRs that will fly packages for Purolator in British Columbia.
Port of LA-Long Beach short line Pacific Harbor Line has won partial federal funding toward the purchase of zero-emission locomotives.
Areas of California, Illinois and Texas have been key targets for cargo thieves in recent years.
President-elect Donald Trump’s plans to impose 25% tariffs on goods imported from Mexico and Canada could have a chilling impact on cross-border rail traffic, which has been one of the few sources of volume growth for North American Class I railroads.
In this edition: breaking down the FMCSA’s proposed rule on broker transparency and changes again at Roadrunner.
A drug trafficker outlined how commercial truck drivers aided the flow of cocaine and cash to and from Mexico.
Last-mile solutions provider OneRail has raised $42 million in venture capital backing to streamline the last mile of the delivery process.
Trump plans for tariffs on all imports from Canada, China and Mexico starting Jan. 20.
Echo Global has been removed as a defendant in a fatal crash case, another victory for brokers seeking to avoid liability.
The benchmark price used for most fuel surcharges rose for the first time in four weeks.
Kenan Advantage Group announced the acquisition of Texas-based XBL.
The FreightWaves FreightTech 25 list shows some of the most cutting-edge technology in the industry and identifies several trends that could disrupt the sector moving forward.
Terminal operators and ocean carriers at the Port of Montreal have agreed to mediation in bargaining on a new longshore contract.
In this edition: Taking a dive into the turkey supply chain, Port of Oakland sees some volumes and Tyson nuggets for Cowboys fans.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Walter Mitchell and Steve Schlecht
Veterans, in particular, stand out as promising potential drivers thanks to their dedication, work ethic and valuable life experiences.
Schneider National announced it has acquired Cowan Systems and some of its real estate assets in a deal totaling more than $400 million.
Department store retailer Macy’s, Inc., stated on Monday that an employee hid up to $154 million through intentional accounting errors starting in 2021.
Israel’s richest man exits Zim shipping as Red Sea attacks send ocean lines’ profits soaring.
A DHL cargo plane crashed Monday morning in Lithuania, killing one and leaving three others injured.
The Teamsters new labor deal with Standard Forwarding likely clears the path for a Jack Cooper acquisition.
The air cargo market has enjoyed a banner year, but the peak shipping season is less pronounced.
Short line and regional railroads are polishing their entrepreneurial skills as they prospect for new customers and solidify links to Class 1s.
Tender volumes and tender rejection rates moved higher this week with spot rates following suit. Thanksgiving could change the status quo.
This week in Borderlands: Entrepreneurs, small business see value of investing in Mexico; Automotive supplier plans third plant in Mexico; Cargo vessel makes first call at Port Houston; and $31M worth of meth found hidden in hot peppers shipment.
Nearly 100 truck drivers for Stagecoach Cartage and Distribution of El Paso, Texas, were notified earlier this week that its over-the-road division was being absorbed by its parent company, which also owns Mesilla Valley Transportation (MVT) of Las Cruces, New Mexico.
Kenan Advantage Group announced Friday that it has acquired Michigan-based dry bulk hauler PRM Trucking.
Washington state truck drivers paid up to $4,500 per truck to evade EPA pollution regulations.
A co-owner of a Massachusetts trucking company was sentenced to two months in prison after admitting that he falsified driving logs and lied to investigators in connection with a fatal collision involving the driver of one of the carrier’s trucks.
UPS is paying a steep fine to the SEC for how it valued UPS Freight before it was sold to TFI.
In this edition: Gather AI makes big cold moves, Grip expands its footprint, and Nestle expands operations in the South.
The trucking industry is undergoing a transformative shift, fueled by market changes, geopolitical factors and evolving consumer behavior.
A majority stake in less-than-truckload carrier Roadrunner has changed hands from an activist investor to an investment group led by the company’s CEO.
Smart label technology developed by Chorus and Kuehne+Nagel tracks packages by using Bluetooth connectivity and AirTags.
This week: Fraud tech captures FreightTech awards’ top spot, Circle Logistics shares its fraud prevention strategy and Guy Fieri just wants his tequila back.
Now on demand Dooner is Liver from F3 Day 3 with e2open, WireBee, Transfix
Recovery efforts for an Amazon Air freighter at Vancouver airport in Canada are underway.
The owner of a Florida trucking and logistics company has been convicted for his role in a three-year truck investment Ponzi scheme that bilked investors out of $112 million.
There are some delays as Canada’s top import gateways work off backlogs of containers from labor-related shutdowns.
Freight asset intelligence platform GenLogs is now using its carrier identification data to help law enforcement solve thefts.
UPS, Advance Auto Parts, Great Dane LLC and Ryder Transportation Solutions recently announced a total of 1,277 freight-related job cuts.
Josh Allen, chief commercial officer at ITS Logistics, spoke Thursday about investments the logistics industry should make in 2025 to develop their companies and workforce.
Trucking industry experts weighed in during a debate at FreightWaves’ F3: Future of Freight Festival on whether there is a driver shortage or a driver retention problem.
Innovative Logistics Group’s Adam Wingfield says new enforcement power over truckers with drug violations could be a freight capacity game-changer.
High tariffs on Chinese imports, promised by President-elect Trump, will likely slow U.S. trade in 2025 as uncertainty hinders investment in reshoring of manufacturing, a trade analyst predicts.
Adam McElhinney, the CEO of Uptake Technologies, spoke about what opportunities the logistics community has to utilize AI.
Bill Driegert, head of trucking at Flexport, spoke Wednesday at the F3: Future of Freight Festival in Chattanooga, Tennessee, about technology that is transforming the trucking industry.
Intermediaries and incumbents roared back in the FreightTech 25 rankings during a protracted soft market for freight.
To come together, the logistics industry’s propensity toward competition will have to give way to an overarching spirit of collaboration, J.B. Hunt President and CEO Shelley Simpson said at the F3: Future of Freight Festival.
After a pullback in lending from private equity- and VC-backed firms investing in supply chain tech after the COVID pandemic, Benjamin Gordon, founder and managing partner of Cambridge Capital, says there’s been a resurgence in strategic M&A.
Now on demand Dooner is coming to you live from F3 with Samantha Foley; Prasad Gollapalli; Jordan Kidd
At FreightWaves’ F3: Future of Freight Festival, trucking-focused attorney Matthew Leffler said the $100 million-plus Werner case is “the most important case facing the trucking industry now.”
FreightWaves’ F3: Future of Freight Festival continued into its second day with more rapid-fire FreightTech demos on Wednesday.
The Port of Los Angeles posted record container volume in October on resilient consumer spending and a strong economy.
Trucking companies like less regulation, and that’s what they’ll get under a Trump administration. But executives should be careful what they wish for, experts at FreightWaves’ F3: Future of Freight Festival said.
J.B. Hunt Transport Services is hopeful that Western rail service will improve, allowing it to layer higher contract pricing across record intermodal volumes.
Frank Kenney of Cleo gives insight into the undeniable market trend toward more data visibility and transparency as a selling point for any clients in the freight industry. Every company has unique needs and models, and those needs are best served by being as open as possible.
Zim saw a decision to leverage its business against spot rates pay off on surging demand in the trans-Pacific trade.
Speaking at FreightWaves’ F3: Future of Freight Festival, John Larkin, senior partner at Venture 53, discusses what he looks for in an early stage company.
Data platform now provides LTL rates by class and intermodal contract rates by lane.
Covenant Logistics Group CEO David Parker predicted at FreightWaves’ F3: Future of Freight Festival on Wednesday that there will be year-over-year peak season growth in the trucking industry. (Photo: Jim Allen/FreightWaves)
On a recent episode of WHAT THE TRUCK?!?, Optimus Technologies talks about the impact of biodiesel and what the election results mean for clean fuels.
On episode 784 of WHAT THE TRUCK?!? Dooner is coming to you live from FreightWaves’ Future of Freight Festival in Chattanooga, Tennessee. He’s joined by Shanti Yetish at Amazon; Nagendra […]
Ryan Joyce, a former CIA operations officer, drew on his experience tracking terrorist networks to execute the company strategy to fight freight fraud.
At an in-person State of Freight, FreightWaves CEO Craig Fuller and SONAR Director of Freight Market Intelligence Zach Strickland talked about why they think the freight market has turned.
Nikola Corp. leader Ryan Clayton said the rising demand for hydrogen could require as many as 50 fueling stations in the next three years to meet the need.
FreightWaves’ F3: Future of Freight Festival saw speedy demos from over a dozen industry innovators sporting all kinds of FreightTech.
Mexico City-based Solvento has raised $12.5 million in a Series A round to help provide trucking companies with access to payment solutions.
The American Apparel & Footwear Association said the U.S. should do more to protect Mideast shipping as attacks on vessels spur “unsustainable” higher costs and delays.
Dan Lewis, co-founder and former CEO of Convoy Inc., discussed the rise and fall of the digital freight brokerage he helped create and the lessons he learned along the way on Tuesday at FreightWaves’ F3: Future of Freight Festival.
In this edition: Overhaul published Q3 cargo numbers, and layoffs come for the logistics sector.
An Amazon charter flight operated by Canadian partner Cargojet overshot the runway at Vancouver airport, impacting flight operations.
