News

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.

Cummins Inc. will spend $580 million to upgrade a North Carolina plant to make fuel-agnostic small engines.

Morgan Stanley told investors on Monday that a rebound in freight demand may happen sooner than many are expecting as inventories need to be rebuilt.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Matt Schrap; Pam Simon; Niraj Mahapatra; Stephen Ruhe

Several Texas border cargo bridge projects could be fast-tracked after President Joe Biden signed a new law to speed up the permitting process.

Less-than-truckload carrier Pitt Ohio announced the expansion of its New England service on Monday.

U.S. imports kept chugging along, despite all the talk of supply chain problems due to Red Sea attacks and Panama’s drought.

FedEx Express faces more headwinds in its effort to improve profitability as the U.S. Postal Service prepares to drop air routes from contracted service.

This week in Borderlands: Cargo insurance can boost cross-border operators’ business; Ryder System leases logistics center near Dallas–Fort Worth; Paccar Inc. announces $50M investment in Mexico truck factory; and thefts from cargo trains in Mexico rose in September.

The conflict in the Middle East may have late-year implications for the domestic transportation market.

Spot rates did eventually see a boost at the start of the new year, albeit one that was unable to meet our prior forecasts.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by John Konrad V; Grayson Brulte; Donny Gilbert; Jessie Merritt

Thefts from a storage facility have raised concerns from a government watchdog agency as the Postal Service moves to electrify its delivery fleet.

The Fair Labor Standards Act can be applied to team drivers for some of the time spent in the sleeper berth, according to a federal court.

Nikola is finally putting its fuel cell electric truck in the hands of retail customers like Bill Hall of Coyote Container.

Aurora Innovation has frozen the designs for its Aurora Driver hardware that German supplier Continental will build.

Nikola is finally putting its fuel cell electric truck in the hands of retail customers like Bill Hall of Coyote Container.

The monthly BLS report showed a relatively modest gain for truck transportation jobs but another decline in warehouses.

Freight brokers love to love Zyn, but the adoption of yet another way to ingest nicotine reveals a disturbing truth about capitalism.

After a year in which crude and diesel prices fell, new refineries and the supply and demand balance appear to be bearish in ’24.

Increasing biofuel consumption will be a key way for Norfolk Southern to reduce greenhouse gas emissions, according to its inaugural climate transition plan.

Truckload carrier Prime is moving into the hopper business and took to YouTube to announce its expansion.

C.H. Robinson’s newly created office to support its strategic initiatives is a key step in CEO Dave Bozeman’s plan to revive the struggling brokerage giant.

The combination of Red Sea detours and Panama Canal restrictions is having a knock-on effect: higher Asia-West Coast rates.

CPG giant sees no impact from Red Sea drama, but consumer pressures remain evident.

The overcapacity of on-highway trucks would look worse without underlying support from Mexico and strong vocational demand.

In December, a federal appeals court ruled that company team drivers’ time spent in sleeper berths after eight hours can be compensated under the Fair Labor Standards Act. The case involved a former CRST trainee who sued CRST in 2016 alleging that the team-based driver training program violated the FLSA based on the carrier’s compensation policy.

Chattanooga, Tennessee-based 3PL Kenco announced Thursday it has acquired third-party warehousing services provider The Shippers Group.

CBP has reopened four Southwest ports of entry about one month after a migrant surge led to closures in Texas, Arizona and California.

Craig M. Keats started his career in 1972 as an attorney for the Interstate Commerce Commission — the Surface Transportation Board’s predecessor — and he has stayed on since then.

FedEx Express wants to compensate for a surplus of pilots by lowering guaranteed pay and offering severance packages once a new labor contract is reached. Meanwhile, mechanics are agitating to unionize.

What are stakeholders in the freight rail space keeping an eye on in 2024? Here’s a starter list.

White House spokesman John Kirby said shipping risks caused by the Middle East conflict could become a “pocketbook” issue for Americans.

This article from American Shipper’s archives gives a detailed look at “the business of disaster” in maritime in the 1980s, including marine salvage and issues surrounding liability.

Relaxing CDL testing rules could get drivers on the road faster without risking safety, according to a training school group.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Scott Presler; Rachel Premack; Clay Gerringer; Justin Martin

The Federal Railroad Administration submitted its proposed rulemaking on train crew staffing to the U.S. Office of Management and Budget for review.

Universal Logistics Holdings announced a $50 million expansion in Virginia to boost its heavy-truck division.

Intermodal rail might still face pressure from a loose truck market in 2024, but intermodal rail providers could see volumes grow longer term if they keep service humming, according to Breakthrough’s chief economist.

Echo’s Frank Hurst spoke with FreightWaves about how the recent Roadtex acquisition has changed reefer LTL.