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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.
Electric trucks and charging infrastructure should advance this year without some of the growing pains that held them back in 2023.
The demise of Yellow Corp. dominated headlines after the carrier filed for bankruptcy protection in August. A lot of smaller carriers and brokerages also called it quits in 2023.
Kenworth Truck Co. has a new general manager while Kevin Baney has been promoted to an SVP role at parent company Paccar.
Genesee & Wyoming announced a partnership with Grupo Mexico to expand rail car-ferry service between ports in the U.S. and Mexico.
After an increase last week, the benchmark diesel price used for most fuel surcharges declined in its first posting of 2024.
Imports to Europe and the U.S. East Coast face heavy delays as Operation Prosperity Guardian fails to bring shipping back to the Red Sea.
The Teamsters union doesn’t expect a major impact on employment levels from UPS’ closure of a Kentucky sort facility.
Canada-based carrier Chohan Freight Forwarders has been ordered to cease operations after multiple overpass collisions in two years.
The Logistics Managers’ Index report showed transportation metrics worsened again in December but noted recent inventory cuts could put the freight cycle back on track in 2024.
XPO’s Anthony Hoereth discussed the company’s strategic plan and investments that are driving a historic surge in LTL service levels.
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Proponents and opponents increasingly are slugging it out over the viability of warehouse developments.
Election-year politics and the NTSB report on the East Palestine derailment are key factors in whether Congress will pass rail safety legislation in 2024, industry observers say.
This week in Borderlands: Lean Solutions Group making big moves in Mexico; China-based tire maker opening $240M facility in Mexico; Mexican authorities again postpone Carta Porte tax document; and new logistics park begins construction along Texas-Mexico border.
With the year coming to an end, columnist Bart De Muynck reflects on 2023 and the new year ahead.
A rule on warehouse emissions that the California Trucking Association viewed as like a zero-emission vehicle mandate has been upheld in court.
American Shipper magazine has an extensive history of monthly printed issues. We’ve compiled a gallery of our favorite covers from the 1990s.
“It is no longer grow at all costs. We must be more efficient with our resources and cognizant of your overhead,” says Zelh’s Jeff Ogren
2023 brought two large truckload acquisitions, several less-than-truckload carriers picking through a bankrupt carrier’s assets and no resolution to a $3.2 billion merger attempt, among other transactions.
Tanker stocks rose as expected in 2023, container shipping shares surprised to the upside, and dry bulk stocks lagged the pack.
Counsel for Omni Logistics claims Forward Air’s CEO withheld requested notes from board meetings discussing plans to avoid a merger between the companies.
On this week’s episode of Taking the Hire Road, guest host Leah Shaver, president and CEO of the National Transportation Institute, is joined by Sean Horton, VP of sales at JobsInLogistics.com.
A man was arrested Wednesday in Houston after a police chase of his tractor-trailer ended in a confrontation with SWAT team members.
Waggon plans to add multiple new employees to its roster in 2024. Above all, it is important for these new hires to be curious and excited to learn.
The National Transportation Institute (NTI) recently released Q4 2023 driver pay data that shows driver earnings continue to climb in spite of the freight market undergoing a correction. Drivers’ base mileage pay brackets saw a shift, with the 40-to-50-cents-per-mile pay bracket falling 5.2% year over year as fleets raised wages to attract and retain drivers. The 50-to-60-cents-per-mile bracket saw a 6.1% y/y increase.
Cargo volumes at the Port of New York and New Jersey were 7.5% higher than November 2019 but 11% lower year over year.
California won’t enforce its rule that only zero-emission vehicles can be registered as drayage trucks after the start of 2024.
2023 was a tumultuous year for airfreight. The downturn in business put pressure on the industry, but the year ended with some optimism.
After truck parking and broker transparency grabbed headlines in 2023, experts see independent contractor status and truck emissions as top issues next year.
At this year’s Benesch conference, the panel on mergers and acquisitions focused on survival in a market where most valuations have plummeted.
The Shipping Act of 1984 changed the game for shippers and carriers.
Shipping stocks are under pressure as some ocean carriers show faith in military protection from Red Sea attacks.
Cargo thieves hijacked a $380,000 tequila shipment from Mexico that was headed to a North Carolina distributor.
New Class 8 truck deliveries have fallen for four consecutive months even as vocational equipment sales rise.
Despite what Reliance Partners CFO Thom Albrecht has dubbed a “brutal winter,” supply chain companies can look forward to renewed hope as the market begins to shift in the spring and summer.
Negative driving behaviors — including speeding, rapid acceleration and harsh braking — can have a serious impact on fuel economy and, ultimately, a carrier’s bottom line.
Truck Parking Club is actively seeking businesses and property owners with extra space suitable for truck parking across the United States.
Trade between the U.S. and Mexico is forecast to continue to expand in 2024, boosted by nearshoring and increased Mexican exports.
The benchmark diesel price used for most fuel surcharges rose Tuesday, the first increase since the end of October.
Nikola CEO Steve Girsky knows the challenges the electric truck maker faces but points to 2024 as the company’s best year.
The California Clean Truck Check registration deadline has been extended to Jan. 31.
In this edition: 2024 predictions coming in hot; new TRAC Market Dashboard debuts; and TFI is on the prowl again.
Joining a network of industry professionals provides a tangible sense of security in today’s market. This is especially true in the billing and payment space.
In the closing edition of Drilling Deep for 2023, P. Sean Garney of Scopelitis looks at the regulatory landscape for the new year.
Cart.com recently secured $30 million in venture capital aimed at boosting the e-commerce startup’s balance sheet.
Ocean shipping kept the world’s cargo flowing amid two wars and disruptions at both the Panama and Suez canals.
We take a look back at some of the FreightWaves stories that captured your attention this year.
This week in Borderlands: Exports of Mexican-built cargo trucks fell in November; Rotor Clip opens global distribution center in Texas; Chinese automotive supplier completes $30M expansion in Mexico; and border officials seize $10M worth of narcotics in jalapeno paste.
Labor peace was won at what will be higher costs for shippers and carriers.
U.S. Customs and Border Protection has reopened the international border crossings at Eagle Pass and El Paso, Texas, according to the freight railroads affected by the five-day closure.
The key question for container shipping rates: How soon can Operation Prosperity Guardian woo traffic back to the Red Sea?
Japan Airlines is restarting its freighter division after 13 years and will fly three 767s exclusively for DHL.
The next year could be fraught with disruption but investment in logistics technology is likely to continue.
Cummins Inc. will pay nearly $1.7 billion to federal and state regulators to settle a more than 4-year-old emissions-cheating case.
