News

J.B. Hunt Transport Services has announced executive management changes as it aims to increase its market share during the next freight market upswing.

Supply chains will see direct effects regardless of the outcome of the presidential race. But what specific impacts on the freight industry are likely under a Harris versus a Trump administration?

The British Columbia Maritime Employers Association representing ocean carriers and terminal operators plan to lock out union forepersons after the International
Longshore and Warehouse Union rejected a final contract offer.

The American Medical Manufacturers Association is advocating for tax incentives and tariffs to encourage more U.S. medical equipment production amid concerns over supply chain disruption following recent hurricanes and ongoing competition with foreign trade partners.

The growth of cross-border e-commerce shipping influenced investment house Stonepeak’s decision to acquire Air Transport Services Group.

BNSF Railway’s profits, revenue and volume all increased for the third quarter, thanks to surging intermodal and agricultural shipments.

The Environmental Protection Agency has awarded nearly $250 million for a multistate project to add electric truck chargers along the I-95 freight corridor.

This week in Borderlands: Major expansion project announced for Port of Progreso; Kawasaki Motors inaugurates $200M plant in Mexico; Logistics provider Veho expands into Texas; and Videndum moves into Phoenix logistics location.

Ocean shipping and logistics services provider Matson saw improved third quarter profits as higher China and domestic freight rates offset mixed container volumes. Operating income was $227 million for the […]

The rapid expansion of global trade has complicated cross-border payments, adding costs and delays and heightening fraud risk. Financial institutions and fintech firms are implementing digital solutions to enhance transparency and security.

A dispute over terminal automation will halt freight moving through the ports of Vancouver and Prince Rupert, British Columbia, and disrupt U.S.-bound intermodal rail shipments.

As AI continues to grow as a buzzword in many industries, especially in supply chains, workers fear getting replaced with new technology. However, AI is best used when working in tandem with employees.

Ocean Network Express posted soaring results in the second quarter on strong demand in the major trades, an early peak season in the U.S. and attacks on the Red Sea trade route.

The strong air cargo market acted as a tailwind for Air Canada in the third quarter.

Delays in setting up a new registration system will push back compliance deadlines for a rule addressing freight fraud in trucking.

ArcBest missed third-quarter expectations and is guiding to more than 500 basis points of less-than-truckload operating ratio degradation in the fourth quarter.

Outgo believes that traditional factoring has failed to deliver for carriers.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by special guest co-host Morgan MacDermaid; Jason Berry; Christopher Pride

Boeing reportedly dismantled its global diversity, equity and inclusion department on Thursday, and striking members of the International Association of Machinists and Aerospace Workers are scheduled to vote on a new contract offer Monday.

The parent of container liner operator Maersk turned in quarterly revenue and profits higher than a year ago as attacks on Mideast shipping led to higher operating costs – and higher rates for shippers.

Today’s cross-border environment is being shaped by the rising popularity of nearshoring, as companies rethink their supply chain strategies.

How much influence could a $250 million purchases of 500 electric trucks have on establishing the value of used trucks?

The number of truck transportation jobs in the U.S., as reported by the Bureau of Labor Statistics, is only slightly off from where it was a year ago.

On a recent episode of Truck Tech, Alan Adler interviewed Eric Bippus, executive vice president of sales and systems development at Hexagon Agility, to outline key considerations and benefits of implementing renewable natural gas into your fleet.

ArcBest sees weak trends in both its asset-based and asset-light segments during the third quarter.

China’s territorial ambitions in the South China Sea could disrupt global trade lanes and possibly lead to armed conflicts involving the U.S.

The ONE alliance of container vessel lines posted second-quarter revenue on an early peak shipping season thanks to attacks on a key Mideast route and looming East Coast longshore strike.

The parent of Maersk container line said strong demand for shipping services and higher ocean freight rates fueled growth across all businesses as it raised estimates for full-year results.

E-commerce giant Amazon.com Inc.’s North American sales increased 9% year over year to $95.5 billion in the third quarter.

Trinity Industries, which builds tank cars, covered hoppers and other freight cars saw lower revenue but higher profits on better railcar lease rates and improved efficiencies.

Inside the WHAT THE TRUCK?!? newsletter: trucks drive Halloween; “huge Christmas gift” for truckers; driver shortage contested; and more

Roughly 6% of CDL holders may be involved in predatory lease contracts with their carriers, according to a federal task force.

Uber Freight posted a wider EBITDA loss but showed improvement in revenue in the third quarter.

Amazon Air is looking to make money from its in-house cargo airline by renting out aircraft, including those operated by Sun Country Airlines, to shippers.

A recent FMCSA-sponsored study looking at the impacts of pay and working conditions on long-distance truck and bus drivers also calls into question claims of a persistent driver shortage.

Newly announced federal spending on zero-emission equipment and infrastructure at container ports won the approval of the International Longshoremen’s Association.

The president and CEO of Washington Trucking Associations, Sheri Call, explains why mandates could be a problem for trucking companies due to multiple factors.

Hub Group reported year-over-year revenue decreases in its intermodal and logistics segments during the third quarter.

C.H. Robinson CEO Dave Bozeman talked with analysts Wednesday about his model for turning the company around. The evidence indicates it’s working.

FreightWaves SONAR hosted a webinar Wednesday discussing its new shipper data consortium with Charles Odom, director of logistics at Halliburton.

A first look at C.H. Robinson’s third-quarter earnings reveals slightly slower sequential gains than in recent quarters.

The Truckload Carriers Association named Texas driver Michael Dorsey a Highway Angel for his efforts to save lives during the aftermath of Hurricane Helene.

Logistics powerhouse Kuehne+Nagel is an early adopter of Amazon Air’s freight transportation service, which it is using to move e-commerce shipments from China to the U.S.

Transport Canada is funneling millions of dollars to expand grain-handling facilities at the Port of Montreal.

Expertise is key to navigating cargo insurance, security and customs issues in Mexico.

A Virginia engineer was sentenced to seven years and six months in federal prison for his role in an investment fraud scheme that bilked investors out of over $15.6 million after purporting that he had lucrative engineering inspection contracts for federal and state government infrastructure projects.

Now on demand on A Very WHAT THE TRUCK?!? Halloween Dooner is joined by Aaron Rubin; Mar Filippi; Evan Shelley; Eric Furtado

Less-than-truckload carrier XPO beat third-quarter expectations and outlined a plan for outsize yield and margin growth.

The builder of autoracks, intermodal stack cars and other railcars turned in a strong finish to fiscal 2024 despite challenges in the North American market.

In the quest for sustainability, the transportation sector stands as one of the most significant arenas for change.

CSX launched double-stack service to and from the Helen Delich Bentley Port of Baltimore on Monday thanks to clearance projects that have been completed north of the Howard Street Tunnel.

A federally authorized study on driver retention finds turnover results from trucking companies’ economically driven policies.

XPO beats third-quarter expectations, reporting 200 basis points of margin improvement in its less-than-truckload unit.

Safety and cost implications for trucking weigh heavily on three rulemakings that could see action next year.

Truckload carrier Heartland Express reported another loss in the third quarter and said cost cutting alone won’t return it to profitability.

Werner CEO Derek Leathers delivered a surprisingly positive outlook for the trucking market.

Truck broker Landstar System said Tuesday it expects no material lift in the freight market for the remainder of 2024.

A total of 122 projects in 41 states and the District of Columbia have been named recipients in the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant program.

Werner Enterprises’ third-quarter operating ratio deteriorated by 320 basis points.

International container volume gains more than doubled domestic traffic in the third quarter, according to the Intermodal Association of North America.

Freight broker Landstar System missed third-quarter expectations Tuesday after the market closed and issued fourth-quarter guidance that was also light of consensus.

Lufthansa’s cargo division recorded modest profit growth in the third quarter and this week launched a trans-Pacific freighter service.

Los Angeles, New York and Virginia ports alone net over $1 billion from EPA to cut pollution.

Researchers at Trace One recently published an analysis monitoring changes in food imports over time, the amount of food imported compared to total consumption, top trading partners and top food items imported for each state.

The ONE vessel alliance plans to add a new East Asia string to the Port of Jacksonville’s modernized SSA Jacksonville Container Terminal.

In this edition: Breaking down how scary freight makes its way to consumers, and the Savannah port rises to the top.

Moran Transportation announced it has acquired fellow less-than-truckload transportation provider RMX Freight Systems.

As FreightVana CTO Don Everhart moves into his new role at Transflo, he answers FreightWaves’ questions on hot FreightTech topics.

Overall volume helped maritime terminals of the Georgia Ports Authority to their second-busiest September on record.

EFW, a company that specializes in passenger-to-freighter conversions, is shutting down its U.S. assembly plants because of shortages in skilled labor and other problems that have delayed delivery of large aircraft to Amazon.

The benchmark diesel price used for most fuel surcharges rose though the broader futures market fell.

A federal bankruptcy judge overseeing Yellow Corp.’s liquidation has corrected a mistake in an earlier opinion, which could significantly alter how much Yellow owes to pension funds.

Canada’s second-busiest port is bracing for another protest by 1,200 longshore employees who have been refusing overtime work since Oct. 10.

Ports in Houston and Corpus Christi posted modest gains in freight movements during September, while the Port of New Orleans saw mixed results.

Interstate traffic in North Carolina and Tennessee is still dealing with the fallout from Hurricane Helene.

Despite a first-half lull in domestic network demand for logistics services, the world’s largest forwarder saw overall volume growth in the third quarter.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Garrett Steenblik; Kyle Taylor; Dan de Varona

BNSF Railway and the International Brotherhood of Electrical Workers have reached a tentative agreement on a five-year contract, while the National Conference of Firemen and Oilers has ratified its agreement with the railroad.

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.