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The Class I railway posted a net income of $1.51 billion on revenues of $5.67 billion.

“With truck capacity continuing to tighten,” strong performance expected for remainder of the year.

Roy Schleicher, retired JAXPORT executive vice president and chief commercial officer, will be presented the Lifetime Achievement Award.

The stay only last until next week, when the EPA will need to respond to a lawsuit brought by environmentalists on the agency’s loosening of glider kit rules.

Maersk Line, MSC and ZIM will cooperate on five services.

The statistics on 2018’s spot brake check day on trucks and buses are remarkably similar to what was found in 2017.

Recent increases in oil prices have revived some debate over the effect that oil has on the economy and freight markets. While evidence suggests that the recent increase has helped growth, there are some limits to the benefit that the market can gain from higher oil prices.

Some highlights from this month’s J.D. Power Valuation Services used truck report. Demand is still outpacing supply in the late-model, low-mileage segment.

Tariffs cause an early boost in California ports, auto industry leaders warn Trump of tariff consequences, and more in Today’s Pickup.

The maker of FreightLiner and Western Star trucks wants its parts business to grow and have stronger brand identification.

Sponsored by LaunchIt Public Relations…Sandeep Kar, Chief Strategy Officer of Fleet Complete, tells us how the global commercial vehicle industry is finally changing focus from products to services.

“I am unaware of anyone using ELD to make these smart matches. We are excited about pioneering this approach that benefits drivers, carriers our economy and our ecology,” Russell Jones, Cargo Chief’s CEO, tells FreightWaves.

Beyond the Technology presented by LaunchIt Public Relations …Since the ELD mandate went into effect late last year, most carriers have been required to use technology systems in order to track drivers’ hours of service. In an effort to set themselves apart and make their systems more useful, many ELD vendors offer applications that take care of other business requirements as well.

As parking spaces take up most of the available land in the central districts of cities, it is time to rethink the way people transit in the cities of the future.

The trucking industry is responding to the driver squeeze in a myriad of ways, from increasing pay per mile to offering competitive sign-on bonuses. While carriers continue to try make the job appealing to drivers, community colleges across the nation are also doing their part to fight against the shortage.

Net earnings jump 72 percent year-over-year; plan on track to reduce workforce by 2,000 in 2018.

Low water in St. Lawrence River means ships can carry fewer containers.

The planes will be converted from passenger to all-cargo configurations and leased to the expanding market.

Port asks for comments on draft of strategy to tackle diesel exhaust, greenhouse gases.

Year-over-year domestic rates in June moved up 9.5 percent, a third consecutive record increase.

According to a Global Cold Chain Alliance survey, price and customer service round out the top three factors when choosing a provider.

Uneven growth trend may continue as carriers remove capacity from transpacific trade lane.

North American intermodal rates grew for the 21st consecutive month in June, according to the latest Cass Intermodal Price Index.

CEO warns port will soon reach maximum capacity.

The freight markets continue to cool, but looking at the bigger picture provides perspective on what to expect moving forward.

Associated British Ports plans a multistory facility with room for 3,000 vehicles.

American Maritime Partnership-sponsored report shows Walmart prices the same in San Juan and Jacksonville.

CSX hit records on operating ratio while improving train speed and dwell time, but says intermodal still needs a “ton” of work and pricing will reflect CSX’s “superior product.”

In spite of fuel surcharge adjustments, Marten today reported a 49.9% improvement in net income to $13.7 million, or 25 cents per diluted share, for Q2 that ended June 30, 2018, from $9.1 million, or 17 cents per diluted share, for Q2 of 2017.

Amid the Moroun’s lawsuits and the ad appealing to President Trump on “Fox and Friends,” ground is being broken in Detroit this week, and construction on the Gordie Howe International Bridge is anticipated to begin this fall.

Laboratory grown meat is coming to the market soon, and this could disrupt traditional food supply chains as the trucking industry might haul lesser livestock in the future.

The agreement will cover around 25% of the global economy, and, according to Bloomberg, by some measures the largest free trade area in the world.

The FedEx Institute of Technology is partnering with Good Shepherd Pharmacy to build a new blockchain infrastructure in Memphis to help get needed cancer medications into people’s hands.

Cashflow Corner presented by TriumphPay …When owner-operators and small fleets make the decision to expand their businesses by adding trucks and people, they often turn to the online payroll systems to pay them.

The rate of rejected loads coming out of LA inched upward, signaling that the July ‘mellowing’ period may be over. Container rates from China to North America’s West Coast stayed elevated for the second week in a row, and containership idle capacity is at 1%.

The trucking and intermodal company’s strong earnings were fueled by higher freight rates and strong demand.

The company continues to expand its footprint in the transport of perishables.

Acquisition designed to expand position in the final-mile delivery space.

Freight-matching marketplace acquired technology solutions provider.

Cargo Logic Holding buying 29 Boeing 777s, Volga-Dnepr purchasing five 747-8s.

Customs will continue to suspend liquidation for subject merchandise entered on or after Nov. 22, 2017.

Space-sharing partnership on transpacific flights creates “unrivaled air cargo network across North America and Asia.”

Columbus, Ohio-based cargo airport has completed a six-month, $423,000 renovation of its animal transport facility.

The belly cargo carrier began shipping internationally with flights between Houston and Mexico City.

Butner elected board president; Magnusson joins advisory committee; Oud named to panel; and Pulfer hired in Ohio.

The Freight NYC initiative calls for strategic investments in maritime and rail assets as well as new distribution facilities.

Education, communication and head bangers are seen as possible solutions to the problem of trucks striking low overpasses in a suburban New York county.

U.S. retail sales rose solidly in June, boosted by increases in purchases of motor vehicles and a range of other goods, cementing expectations for robust economic growth in the second quarter.

Boeing 777 Freighter is one of the most sought-after cargo flights in recent history, with DHL Express and Qatar Airways finalizing orders at the Farnborough Air Show today.

APL Logistics, a provider in integrated logistics, has become the latest member of the Blockchain in Transport Alliance (BiTA).

Kuebix, a transportation management system (TMS) that delivers a wide variety of freight analytics, plans to take a look at the impact Amazon Prime Day will have on the supply chain.

A revenue increase boosted earnings for J.B. Hunt Transport Services (NASDAQ: JBHT), as the carrier reported second-quarter net earnings of $151.7 million, or $1.37 per share, versus second-quarter 2017 net earnings of $97.9 million, or 88 cents per share.

Autonomous vehicle execs want you to know self-driving cars are very, very safe; China’s economic growth slows; Elon Musk talks about Tesla’s push to 5,000 Model 3s weekly; American oil bound for China needs to find new markets; DHL orders 14 Boeing 777s.

Daimler has decided to stop production of a certain type of diesel engine till it clears issues regarding NOx emissions that slightly exceed maximum threshold values.

If a new truck driver hire doesn’t find the job similar to what the recruiter said it was going to be, that negativity will last, and will impact retention.

Carriers may trim hire fleet if profits fall, but demand could grow with more slow steaming, says Drewry.

Gemini executive says carriers know there is a problem and are trying to improve.

Safety has been touted as one of the primary factors behind the development of autonomous vehicles. So, when serious accidents do occur, people both inside and outside the industry are left with the same question: How can we make autonomous safer in the testing phase?

North Europe-North America trade service increasing to improve transit times and offer better coverage.

For customs valuation purposes, the use of the transfer pricing method to calculate transaction value faces an uncertain future in the EU, as a European Court of Justice ruling could […]

The SCFI rose just under 1 percent last week, while the WCI slipped 2 percent.

Miami-based cargo airline will transition calculation methodology to an indexed model to more accurately follow fuel markets.

Finalization of $1.7 billion order for five new Boeings made at the 2018 Farnborough International Airshow on Monday.

Cargo.one will provide a digital sales channel for air freight forwarders seeking to confirm spot market rates and bookings.

Peleton Founder and CEO Josh Switkes shifted the platooning conversation toward potential safety benefits during a presentation at the Automated Vehicle Symposium in San Francisco, California.

Holidays have a huge impact on the freight markets, with drivers going off-duty and altering their work schedules. In this chart of the week, we examined how different holidays impacted available capacity.

The answers to many of the problems surrounding the introduction of autonomous vehicles may involve keeping human drivers on the road too, according to Lyft Vice President of Autonomous Vehicle Programs Nadeem Sheikh.

The Freight division of UPS is far smaller than its package division, but it also has reached agreement on a new five-year pact.

Following the publication of a National Academy of Sciences (NAS) report last June that recommended changes to the way the Federal Motor Carrier Safety Administration (FMCSA) records and displays SMS data, the agency has decided to scrap proposed changes.

Trump’s trade war is aimed toward reshoring, but will it work? Can you solve the driver problem by making trucking cool again? A new frac sand giant is born amid an industry shift. Shell CEO suggests a swifter ban on diesel cars in the UK. Producer price data shows surging trucking, transportation rates. JP and Chad discuss all this and more on this week’s episode.

Amidst the hustle and bustle of Transparency18, FreightWaves’ John Paul Hampstead sat down with Giordano Sordoni, COO and co-founder of Thor Trucks for a fireside chat, giving Sordoni a chance to make the case that you can be successful cold-starting a new OEM.

The causes cited for trucks hitting overpasses near New York are many: GPS instructions, not enough signs, driver unfamiliarity with the limited roads.

Theresa May and Donald Trump have patched things up; US warehouse capacity tightest in decades; transpacific container rates moving up quickly; Canadian Pacific and its two unions reach a mutually beneficial deal; Lufthansa Cargo offers spot capacity on its app.

Tiger Spider, a Australian transport engineering consultancy believes blockchain and data standardization would be integral to creating an efficient and profitable freight transportation system.

While there is a lot of noise surrounding tariffs and potential trade wars, it probably isn’t enough to derail the economy and the red-hot freight environment.

Ports says volume could be a sign of strong peak season or shippers may be getting jump on tariffs.

The market outlook is improving, although earnings are not rising at the same pace as rates and demolitions are outstripping newbuilds.

Seasonal market reductions blamed for service suspension.

The freight-matching solutions provider will use the new funding to accelerate product development and implementation.

The fast-growing Turkish port operator seeks to handle multipurpose terminals in southern Italy port.

Danish company aims to better serve customers moving goods through West African ports.

Prime minister wants to “show off our prowess in business, finance, trade and commerce” and logistics.

Threatened strike averted with agreement hammered out before Aug. 1 deadline.

Jack Cooper Holdings and Logistics, a specialty transportation and logistics provider, announced its membership in the Blockchain in Transport Alliance (BiTA) today.

Italian Fiat workers are striking over football superstar Cristiano Ronaldo’s move from Real Madrid to play for the Italian club Juventus. The reason cited for the strike is that the Agnelli family that controls both Juventus and Fiat, is channeling money from the automaker to buy Ronaldo for $130 million.

The newest frac sand company, Covia Holdings, was born out of a merger last month. It’s also the largest, with a market cap exceeding $2.2B. We discuss recent shifts in frac sand supply, demand, and sourcing.

Sponsored by Reliance Partners…Other than the economy slowing and unemployment rising, is there a solution to the driver problem?

One of the largest wasted revenue opportunities for carriers in freight movement is when trailers move less than full. FR8Star has introduced a new partial load service to help change that.

Trucking passes all five of Paul Newman’s tests for a successful futures market. That’s why we’re building a financially-settled freight futures contract with Nodal Exchange and DAT.

To help alleviate the growing technician shortage, Mack Trucks and Volvo Trucks are partnering with local colleges to develop training programs.

CargoX, an independent supplier of blockchain-based solutions for logistics, has become the latest member to join the Blockchain in Transport Alliance (BiTA).

Oil prices fell by 6% yesterday after Libya’s National Oil Corporation announced the reopening of oil ports and recommencing the production of 700,000 barrels per day.

Laying out a timeline for when autonomous trucks might come online, and a look at electric last-mile vehicles that are here now.

World’s third-largest container shipping company obtained all regulatory approvals to become a 24.99 percent shareholder in the asset-light third-party logistics provider.

Briefings by Drewry and Port of Long Beach say effect this year may be mild but become a bigger issue if tariffs become more widespread.

The denial order currently prohibiting U.S. firms from exporting to the Chinese telecom giant again will be suspended once money is in escrow.

Cinven will acquire supplier of temperature containers used to move pharmaceuticals by air.

Swart tapped as president; Hunt named COO; and Tuthill hired as CCO.

Version 18.2 delivers full multimodal support, compliance enhancements for multiple countries and extended mobile capabilities.