News

AIT becomes an alternative to incumbents for middle-mile LTL share.

Forward Air provided long-term financial targets on Tuesday and said the outcome of its bid for Omni Logistics may not be decided until next year.

October freight data from Cass Information Systems showed continued softness into peak season.

In this issue, freight meme wars; what imports say about holiday retail; and skipping the line in Panama.

Workhorse Group made progress toward scaling its electric truck business, but being shut out of California incentives dented revenue.

The agency is poised to discount rates on shorter-haul parcel services.

Cargo pilots at Air Transport International are frustrated by the pace of negotiations for a labor deal and ready to go on strike.

Coyote Logistics won a legal battle over liability, but the victory may have repercussions beyond this particular case.

Dozens of truck drivers at 10 Roads Express, a major Postal Service contractor, have voted to join the Teamsters in recent months.

Project freight forwarder deugro has opened a container terminal in Baytown, Texas, along the Houston Ship Channel.

Dozens of industry stakeholders, from individual Class I railroads to multiple shipper groups to the trade unions, offered their input on what’s wrong and what’s right about the Surface Transportation Board’s proposed rulemaking on reciprocal switching.

Download this white paper and access S&P Global’s outlook for supply chains in 2024.

BNSF, J.B. Hunt Transport Services and Mexico’s GMXT are launching an intermodal service in January between Mexico and the Midwest.

The benchmark diesel price for most fuel surcharges was down, though other numbers are suddenly pointing higher.

A federal advisory panel promoting women in trucking weakened its stance on removing an exemption that currently allows carriers not to pay overtime to their drivers.

Final-mile delivery company Riverstone Logistics said Monday it has acquired appliance delivery company Ralph’s Transfer.

A fleet of container vessels is up for sale as a company backed by Greece’s Evangelos Marinakis switches its bets to LNG shipping.

The industrial outdoor storage industry is catching a fresh bid from new players.

Old Dominion Freight Line was the latest less-than-truckload carrier to announce an early general rate increase for the new year.

CMA CGM, like many other carriers, is reporting serious revenue loss. The North America president and CEO goes into detail with American Shipper and explains why the company is investing in more physical infrastructure.

3i-backed Regional Rail plans to acquire two more short-line railroads, one in Ohio and one in Indiana, as part of a push to expand its presence in the Midwest.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Rachel Premack; Norita Taylor; Jason Johnson; Rip; Joe Spisak; Charles Gracey

Freighter airline Cargojet announced that founder and CEO Ajay Virmani is leaving that role to be executive chairman, with two top lieutenants stepping in as co-CEOs.

Fillogic leverages what it has coined “channel-free logistics,” a competing fulfillment model to the traditional omnichannel experience.

FreightWaves’ Rachel Premack spoke with OTR Solutions’ EVP Clayton Griffin about the current state of freight brokerages and the risk they pose to carriers.

Mexico tops Canada and China as the No. 1 U.S. trade partner during September with $67 billion in trade.

Forward Air has filed a counterclaim against Omni Logistics and wants a Delaware court to rule it’s not obligated to move forward with the merger.

There’s no debate that the freight industry is hurting right now, but it’s not because volume is low. We have an oversupply of trucks.

On this week’s episode of Taking the Hire Road, Jeremy Reymer, founder of DriverReach, is joined by Sam Bloomquist, the organization’s chief operating officer and CPO.

Legislators want to overturn an 85-year-old law that says companies do not need to pay truck drivers overtime. 

After a relatively easy year for shipping and rightsizing inventories, shippers may have set up a holiday season in which expedited shipments become more prevalent.

Some of the most important jobs in the military are handling logistics, as shown in photographs compiled in honor of Veterans Day.

FreightWaves’ F3: Future of Freight Festival was full of lively discussions of new technology in freight but also a movement to get back to the basics.

Former FBI negotiator Chris Voss tells listeners at the F3: Future of Freight Festival about using hostage negotiation tactics in business deals.

BNSF and Navajo Transitional Energy Co. have reached a settlement on NTEC’s request for more rail service to export coal.

A Q3 increase in reported incidents of cargo theft was fueled by a triple-digit rise in “strategic” thefts like cargo misdirection, CargoNet says.

This week, freight markets underwent a surprising rally that saw a wave of volumes sweep across the country.

Uber Freight has more than 100 shipper companies lined up to run autonomous freight, but the capacity just doesn’t exist yet.

It’s back to the courtroom for the CTA and OOIDA as they continue their legal battle against California’s AB5.

Sweden’s Volvo Group was selected as the winning bidder for the battery and charging assets of bankrupt Proterra Inc.

Cargojet wants to dump eight aircraft that were part of of its growth strategy and postpone converting two more aircraft into cargo jets as the weak cargo market shrinks profit margins.

The pandemic hype about $4-per-mile truck rates lasting forever crashed to earth in the past year, leaving disillusioned small carriers looking to get out.

Reliance’s Thom Albrecht provided his company’s perspective on how fast capacity is disappearing from truck markets during FreightWaves’ F3: Future of Freight Festival. 

At the F3: Future of Freight Festival, strategic adviser Alan Gershenhorn explained how market changes are affecting different transport modes.

Flatbed carrier Daseke reported an in-line third-quarter result Thursday but reduced its full-year guidance.

On Thursday FreightWaves presented the FreightTech 25 awards, which were chosen independently by a panel of CEOs, industry leaders, academics and investors who scored the companies. Chattanooga, Tennessee-based accounting and auditing firm HHM administered the vote. The awards recognize the most innovative and disruptive companies in the freight technology sector.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Dan Curtis; John Baird; Joe Petosa; Michael Beelar; Michael Unruh; Prasad Gollapalli

The National Transportation Safety Board wants freight and passenger railroads to incorporate new technologies that boost the effectiveness of existing positive train control technologies.

Improving road safety and public health is the goal of a new push to help teen drivers learn to share the road.

Consumer spending is likely to decline in the coming months, adding to weak freight conditions.

A fireside chat with Emerge CEO Andrew Leto discussed leadership, planning and resilience at FreightWaves’ F3: Future of Freight Festival.

FreightWise has acquired Kuebix from Trimble with the aim of creating one of the top transportation management system platforms in the country.

Striking United Auto Workers will vote again next week on a Mack Trucks offer it earlier rejected after the company declined more sweeteners.

U.S. agribulk exports to Asia are taking the longer route via the Suez Canal due to Panama transit restrictions.

This year’s list saw a sizable shake-up, with 17 newcomers and a high number of mainstays being left off the FreightTech 25.

As more and more companies partner with FreightWaves to revolutionize the way they look at their supply chains, new and unique applications arise that create growth opportunities. The SONAR team […]

Cargo volumes are holding up, but rising transport capacity is outpacing demand, pushing container shipping rates even lower.

Air Transport Services Group is slowing investment in converted freighters as a weak shipping market leads cargo airlines to pause fleet expansion.

Greater speed is a highlight of the new interface for FreightWaves SONAR introduced at the F3: Future of Freight Festival in Chattanooga. 

Leland Miller, CEO of China Beige Book, spoke with FreightWaves CEO Craig Fuller about ongoing supply chain issues, geopolitical tensions and financial risks in China at F3: Future of Freight Festival on Wednesday.

Hyliion Holdings is throwing in the towel on its Hypertruck ERX natural gas-electric powertrain to focus on generator technology.

XPO Executive Chairman Brad Jacobs participated in a town hall on Day 2 of the F3: Future of Freight Festival in Chattanooga, Tennessee.

High numbers of migrant crossings in September disrupted freight rail operations, including Trinity Industries’ and FreightCar America’s ability to send new rail cars into the U.S., executives said on recent earnings calls.

In 1980, maritime workers became enraged by the maritime omnibus bill, resulting in the Boilermakers’ international president threatening to stop building ships in the United States.

FreightWaves showcases SONAR flatbed data at the F3: Future of Freight Festival.

In a keynote address to the F3 conference, Alex Epstein laid out the case for continued fossil fuel use.

The state of Georgia has suspended diesel and gasoline taxes for the third time since early summer.

Canadian railway CN, the Mississippi State Port Authority and Ports America have signed a memorandum of understanding for an intermodal service at the Port of Gulfport.

A weaker-than-expected peak period leads GXO to cut its organic revenue growth guidance.

Venture capitalists have plenty of dry powder but they’re being choosier.

Supply chain metrics for October showed fundamentals for transportation providers may be improving.

Truck Sail has set out to help trucking companies do just that by installing aerodynamic, drag-reducing devices on their trucks. This not only saves fuel costs, but also extends the working life of trucks and trailers through energy demand.

Cincinnati voters on Tuesday approved selling Cincinnati Southern Railway to Norfolk Southern for $1.62 billion.

More than a dozen logistics firms have been recognized among North America’s fastest-growing companies.

Revenue and earnings fell sharply at DHL’s Express and Global Forwarding units.

Embedding existing warehouses with new automation offers great potential as well as some risks, according to experts.

Chattanooga, Tennessee-based FreightWaves has been named to Deloitte’s Technology Fast 500 list.

A fireside chat about Convoy’s demise and impact helped kick off FreightWaves’ three-day F3: Future of Freight Festival in Chattanooga, Tennessee.

FreightWaves’ Innovation Alley at the Future of Freight Festival featured a demo by customer support automation platform Kodif.

Trucking technology company ConMet has acquired Truck Labs, whose aerodynamic TruckWings save 3%-6% on a fleet’s fuel bill.

FreightWaves CEO Craig Fuller sees bad signs from banks — and trouble ahead for brokers — as he looks to the first quarter of next year.

Meadow Lark Agency and its affiliate, Meadow Lark Transport, filed for bankruptcy liquidation Monday, owing around 120 former employees almost $800,000 and nearly 1,300 trucking companies about $2.7 million.

DSI Assignments, which is overseeing the auction, is seeking a buyer for all of Slync’s platform assets.

In a tough quarter, Uber Freight showed small signs of improvement in both EBITDA and revenue.

Daimler Truck reported lower deliveries in Q3, a contrast to its major competitors who reported higher sales but warned of a coming slowdown.

Containerized imports have rebounded strongly in 2023, with October volumes up 33% from February’s low.

Truck brokerage RXO beat third-quarter estimates Tuesday and said it will continue to expand its platform and take market share on the downside of the cycle.

The rail industry continues to streamline operations and realign rail car fleet management via acquisitions.

J.B. Hunt and BNSF Railway announce the launch of a new customized intermodal offering at FreightWaves’ F3: Future of Freight Festival 2023.

Burdened by recall expenses for its battery-electric trucks, Nikola is counting on California’s incentive largesse to make a go of fuel cells.

Air Transport Services Group’s underperformance cost CEO Rich Corrado his job on Monday.

The benchmark diesel price used for most fuel surcharges has declined for the fourth time in five weeks.

UPS has bought out a small contingent of senior pilots. An American Airlines regional partner is trying to attract them to fly small jets.

Daimler Truck North America awards Hexagon Purus the work of electrifying its Freightliner eM2 vocational medium-duty trucks.