Truckload spot and contract rate spread remains unnaturally wide heading into bid season
Spot and contract rates have stabilized with an unnaturally large gap between them. Is this sustainable or just a pause before the fall?
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Spot and contract rates have stabilized with an unnaturally large gap between them. Is this sustainable or just a pause before the fall?
About 90 truck drivers and office personnel who worked for Titan Transportation Services Inc., doing business as Sunset Logistics of Grand Rapids, Michigan, say they are owed their final paychecks and escrow after receiving a string of emails from company executives notifying them that the trucking company was closing its doors.
While phone calls can open up lines of communication, their effectiveness at creating well-rounded, nuanced connections is limited. This is especially true when conversations revolve solely around the details of doing business.
Chicago commuter rail system Metra filed a lawsuit against the Surface Transportation Board over its decision to approve the merger between Canadian Pacific and Kansas City Southern.
Union Pacific will be offering intermodal service between two cities in Mexico and the U.S. Southeast.
A report by project44 said delivery performance was the highest since March 2020.
On Friday, Unite the Union announced it registered a dispute over the increased medical standards on maritime pilots in the U.K.
In this episode of Taking the Hire Road, Jeremy Reymer, founder of DriverReach, is joined by a great industry friend and fellow compliance nerd, Stacey Gibson. Gibson is personnel operations manager at TLC Cos.
Even as a Wall Street bank counts up the possible losses at Estes, the LTL carrier tells customers things are looking up.
Motorcycles had a two-decade run at the U.S. Postal Service, but that helped push the industry into new ways of mail delivery.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Raj Subbiah; Chirag Modi; Dustin Koehl; Mark Vickers; Joshua Gonzalez
The Daimler Truck Board of Management has extended the contract of North America CEO John O’Leary through 2026.
Investigators still haven’t released the name of a truck driver who was fatally shot by an Oklahoma Highway Patrol trooper during a traffic stop that turned “physical” on the Turner Turnpike in Creek County on Sept. 20.
In addition to financial benefits, rail offers shippers a simple, well-established way to ramp up their focus on sustainability and reduce their greenhouse gas emissions.
Higher labor expenses, reduced volumes and regulatory uncertainty were among the third quarter’s headwinds for railroads, according to Susquehanna transportation analyst Bascome Majors.
The September truck transportation jobs report, with revisions to August’s numbers, suggests some Yellow losses have been recaptured elsewhere.
International freight forwarder Flexport is undertaking a second round of mass layoffs this year.
Can Outrider hold onto its healthy lead in distribution yard autonomy as competition begins to form?
Truckers save 35 cents a gallon on fill-ups with Georgia’s fuel tax suspension.
Careers in the supply chain are an integral part of global commerce. But the complexity of today’s supply chain requires a true education.
An integration among Reliance Partners, Loadsure and McLeod lets asset-based motor carriers and freight brokers obtain A-rated all-risk cargo insurance on a per-load basis directly from their TMS.
Qantas Freight is still scrambling to recover from an IT meltdown that has gummed up its air cargo network.
Trucks delivering products from Mexico continue to face hourslong waits at Texas ports of entry due to state-run inspections.
Amazon has added the first of 10 Airbus A330 freighters to its fleet.
Tanker giant Frontline is poised to dramatically expand its fleet, while Euronav is on a path to privatization.
In this chilling episode of Tracks Through Time, we delve into the never-solved 1995 disappearance of truck driver Devin Williams, who vanished without a trace in the heart of Arizona’s Tonto National Forest.
U.S. intermodal volumes actually grew in September, according to the Association of American Railroads. And with the harvest season in full swing in the fourth quarter, expect rising grain volumes.
FreightWaves on Tuesday interviewed Angela Acocella, postdoctoral researcher at Tilburg University and researcher with the MIT Center of Transportation and Logistics looking at the impact of ghost lanes on shipper and carrier networks.
A FedEx cargo airplane made a hard landing in Chattanooga, Tennessee, after a landing gear failure.
Families mourn the victims of a deadly Illinois ammonia truck crash as police locate a vehicle that may have been involved.
Qantas’ freight division had trouble smoothly deploying a new cargo reservation system and shippers are livid about lengthy delays moving their goods.
Practically every retail chain in the U.S. has been sounding the alarms on external theft. It’s not as simple as it seems.
A federal judge has ruled that Total Quality Logistics — the second-largest freight brokerage in the U.S. — violated federal law and owes overtime pay to thousands of former employees who worked more than 40 hours a week.
An article from 1978 in American Shipper showed that the efficiency of the Panama Canal was an important factor in shipping — something that resonates today with the drought that has created a water level crisis in the canal.
A change in a new five-year contract between the UAW and Mack Trucks would extend the work day for 30 minutes for about $3,000 more a year.
Uber drivers will pick up return parcels and deliver them to postal, FedEx and UPS locations.
Estes Express has opened up a web portal to communicate with customers amid a cyberattack on the LTL carrier.
Equity research analysts are taking less-than-truckload earnings forecasts higher following the industry’s successful absorption of defunct Yellow’s freight.
The National Transportation Safety Board will focus on CSX’s safety training of railway carmen as the agency continues investigating the death of a carman at a CSX yard in Ohio.
Azerbaijan cargo airline Silk Way West took delivery of its first Boeing 777 freighter.
FTC complaint highlights challenges that sellers face on the largest e-commerce platform.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Thomas Healy; Steve Cox; Tom Shea; Trey Griggs;
The logistics warehousing market is setting up for an acute supply shock by the second half of 2024 if tenant demand recovers, a CoStar report says.
Uber Freight Exchange is designed to unlock operational efficiencies and compress the time it takes to procure, eliminating the back-and-forth of traditional mini-bids by bringing the process onto one single tool.
The TJX Cos., headquartered in Framingham, Massachusetts, is a global leader in off-price apparel and home fashions, including its T.J. Maxx, Marshalls and HomeGoods stores, has been named a Shipper of Choice.
With 2024 orderboards open, Class 8 truck orders hit their highest level of the year in September and suggest fleet optimism.
Battery-electric trucks and the infrastructure to charge them require joint development, a lesson fleets are learning from early adopters.
Investors have been burned for years by dilutive share offerings by micro-cap shipowners. Backlash is building.
An internal system update caused internet connectivity issues at CN on Tuesday, affecting the Canadian railway’s customer service portal.
Amazon Air is downsizing operations at Leipzig/Halle International Airport.
Radiant Logistics has acquired a Florida-based logistics partner that provides forwarding services to the cruise lines.
Brad Jacobs, who founded XPO and its spinoffs, didn’t provide any details on what his next venture is going to focus on.
Some companies have found success by taking a unique approach to the turnover problem. Those organizations are abandoning the age-old sleeper cab – or at least reducing their dependence on it.
Wisconsin Democratic Sen. Tammy Baldwin and West Virginia Republican Sen. Shelley Moore Capito want the Surface Transportation Board to “move swiftly” on reciprocal switching.
A September supply chain survey suggests the freight industry is coming out of a recession.
Tim Strauss has transformed Amerijet into a competitive, midtier cargo airline, but it hasn’t been easy. On Tuesday, Strauss resigned.
Lineage Logistics has acquired eight Burris Logistics cold storage and e-commerce fulfillment facilities in six states.
Investment firm Oaktree Capital Management has acquired Consolidated Chassis Management as the intermodal equipment provider becomes the sole manager of a new pool.
The Equal Employment Opportunity Commission has filed a lawsuit against Union Pacific in federal court over the dismissal of 21 conductors and locomotive engineers who had failed the railroad’s vision test.
Estes Express confirmed Tuesday that the LTL carrier has been the target of a cyberattack.
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform.
Trade officials in the U.S. and Mexico are urging Texas Gov. Greg Abbott to end state-run cargo truck inspections in El Paso and Eagle Pass.
The benchmark price for most fuel surcharges moved by only a small amount, but futures markets are going through some big swings.
The Chapter 11 filing of the ILWU dockworkers union dates back to a dispute over two electrician jobs in Oregon a decade ago.
DHL Express rate hikes take effect Jan. 1.
Postal Service auditors have advised the agency to boost oversight of contract trucking companies.
A new report from the Anderson Economic Group says the UAW strike against the Detroit Three resulted in $3.95 billion in losses in the first two weeks.
The logistics industry continues to be a strong area of focus for government leaders hoping to reduce greenhouse gas emissions and slow the progression of transportation-related climate change. As a result, legislators are driving emission-cutting regulations forward at breakneck speeds.
Steve Burns cashed out more than $60 million in stock in Lordstown Motors. Now he is buying its assets out of bankruptcy for $10 million.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Britton Wesson; Frank Fletcher; Ryan Loyva; Tom Bray; Andy Shiles ; Lalo Solorzano
More than one-third of shippers and brokers polled said they were still searching for a permanent less-than-truckload provider following Yellow’s exit.
There’s been a major technology failure at Estes Express, but it’s unclear whether it is a cyberattack.
A new report is offering more details about what led investigators to file murder charges against a New Jersey truck driver after a woman was found dead on the floorboard of his tractor-trailer in Maryland.
Mack Trucks and the United Auto Workers union reached a settlement on a new five-year agreement, avoiding a walkout like four years ago.
Pitney Bowes President and CEO Marc Lautenbach had been at the center of a proxy fight with Hestia.
NS is examining the root cause of the Friday evening to early Saturday morning outage, which the railroad says was not a result of hacking or related to a previous system outage that occurred in late August.
Get expert guidance and best practices to help you navigate the U.S./Canada cross-border shipping process with ease. Download our free white paper today! Our comprehensive white paper is a must-read […]
The October 2023 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what […]
The NMFTA’s Digital Solutions Conference on Cybersecurity attendees will hear from professionals on the leading edge of the cybersecurity industry, ranging from industry practitioners to representatives from government entities and thought leaders in academia.
Two children were among the five people killed after a truck carrying ammonia rolled over Friday in Illinois.
The SSC’s newly released API technical standard is available on GitHub.
August was a better month, but express carriers are still flying less than they were a year ago because of slow shipping demand.
The on-paper benefits of out-of-home delivery are clear. Customer acceptance is somewhat less so.
Just when it looked like West Coast port labor drama had dissipated, the ILWU has filed for bankruptcy protection.
This week in Borderlands: Arizona border officials want Mexico trade lanes reopened; Study finds ending US-Mexico tomato pact could raise prices by 50%; Texas port receives $20M to fund rail infrastructure project; and Accurate Transport opens logistics hub in Houston.
Sharply increasing fuel costs may exacerbate the carrier exodus this winter.
Multiple people have been killed after a trucker hauling anhydrous ammonia crashed on an Illinois highway Friday night.
Rebates from UPS are designed to offset early-termination penalties from other carriers if shippers return to UPS.
In this month’s State of Freight webinar, FreightWaves CEO Craig Fuller reviews data that shows a stronger market than rates and rejections might suggest.
The sale of BNSF Logistics’ brokerage unit to J.B. Hunt will likely involve layoffs of an unspecified number of employees, parent company BNSF confirmed Friday.
United Auto Workers-represented workers at Mack Trucks could strike as soon as Monday if no deal is reached to replace their four-year contract.
By next week, it is likely that actual freight flow will have finally risen on a yearly basis for the first time since May 2022.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Reed Loustalot; Paul-Bernard Jaroslawski; Stephen Schlect; TJ O’ Doan; Calvin Alpin; Robert Proctor
Often, the final straw for drivers is simply feeling unheard, unseen or unappreciated by their carriers. The right rewards program can help solve that problem.
In light of today’s soft economic conditions and high inflation rates, companies should have plans in place for providing standout service without blowing their own budgets going into peak season.