News

The freight market, like many sectors, operates in cycles. Currently, it’s in a deflationary state. However, it’s crucial to remember that downturns are not permanent; they are simply one market […]

Hurricane Idalia briefly intensified into a dangerous Category 4 storm early Wednesday morning before making landfall as a high-end Category 3 on Florida’s west coast.

Several tractor-trailers loaded with critical disaster-relief supplies provided by the nonprofit group Convoy of Hope are en route to staging areas Tuesday as Hurricane Idalia barrels toward Florida’s Gulf Coast.

Lufthansa Cargo no longer has to truck shipments back and forth to Detroit Metro Airport from an outside warehouse after opening a facility next to the airfield.

End consumers have never been more demanding surrounding customer service, order fulfillment and delivery timelines. A difficult market and ongoing freight recession have yet to do anything to quell growing […]

A hedge fund with a stake in Yellow Corp.’s debt and equity is looking for more influence as the bankrupt company begins to unwind assets.

FedEx is levying a 5.9% general rate increase on Express and Ground shipments in a possible attempt to undercut UPS.

Nearly 5,000 civilian pilots may be providing false information — or excluding it — during their medical examinations in order to continue flying, according to the FAA.

With the Panama Canal drought expected to continue, now might be the time for shippers to seek alternatives.

Major trucking lender BMO reported a deterioration in several credit measures in its third-quarter financial report.

Norfolk Southern’s systems have been restored after an outage Monday. But the company says impacts could be felt for at least two weeks.

SONAR has added three new data sets to our vast array of market data.

Small trucking companies are taking over the industry. Decades of global and domestic policies have made this happen.

Following the bankruptcy of trucking giant Yellow, some 22,000 union workers are unemployed. It may be a spooky sign for the labor movement.

Workhorse Group fell short in its first try to get shareholders to more than double the number of outstanding shares in the electric step van maker.

A nationwide trucker strike in Mexico has been postponed after the group behind the protest negotiated a deal with Mexican authorities.

The DOE/EIA benchmark price used for most diesel fuel surcharges tacked on another 8.6 cents a gallon this week.

A new safety standard would change how FMCSA determines whether carriers and truckers are fit to operate.

Asia-U.S. spot shipping rates have pulled back after a strong run-up, implying peak season may have passed its peak.

The Florida Legislature is providing $30 million for two new ship-to-shore cranes that Jaxport says will let more cargo move efficiently through the Port of Jacksonville.

Australia-headquartered Martinus is making its first North American acquisition — Missouri-based Bottom Line Co., a railroad contractor specializing in rail infrastructure maintenance.

Florida’s ports and Eastern freight railroads are preparing for Tropical Storm Idalia’s arrival.

ArcBest said Monday that shipments from its primary less-than-truckload customers have increased 20% since June.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Molson Hart; Sal Mercogliano Phd.; Capt. Adil Ashiq; Michael Precia

Even as city, state and federal officials urge residents to flee ahead of high winds and flooding, truck drivers answer the call to haul Federal Emergency Management Agency (FEMA) loads to areas where hurricanes are expected to strike.

Ohio-based Republic Steel has been ordered to pay nearly $4.6 million to Pennsylvania-based Beemac Trucking and Deemac Services after a federal jury determined the steel mill breached its contract by failing to pay the companies millions of dollars in outstanding invoices.

Florida Gov. Ron DeSantis has declared a state of emergency as Tropical Storm Idalia nears the Gulf Coast.

National truckload tender rejections topped 4% for the first time since the holiday season last year. Is this a sign that the trucking market is turning the corner?

This week in Borderlands: Mexico’s truckers plan nationwide strike, blockades; $142B announced for Texas transportation infrastructure; Fresh Del Monte moving to Port Freeport; and border airport adds commercial cargo operations.

Pilot Travel Centers has been forced to shut 19 of its outlets due to the liquidation of those sites’ operator, Mountain Express.

The typical Class 8 truck gets less than 7 miles per gallon on the highway. How does a driver average more than 10 mpg?

FMCSA and NHTSA should incorporate braking technology to avoid crashes involving more than just other vehicles, AARP warns.

Knight-Swift Transportation announced late Friday that its top two executives have taken a reduction in base pay amid other cost-cutting measures at the company.

The Association of American Railroads says a federal program in which employees can anonymously report safety concerns has the potential for misuse.

Walmart has announced a partnership with Wing, the drone delivery arm of Google parent Alphabet, to deliver quick meals, groceries, household essentials, over-the-counter medicines and more to residents through the air.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Justin Martin, Reed Loustalot, Donny Gilbert; Dominick Tullo; Chase Osborne and Garrett Allen

The scarred areas of Maui remain an active incident area, ALAN’s Kathy Fulton says.

Reliance Partners’ Borderless Coverage program provides shippers and logistics service providers of all sizes with coverage from the moment of pickup in the U.S. to final delivery in Mexico.

Supply chain disruptions could develop if the drought in Panama continues.

The governor of California appears to favor supporting autonomous trucking technology over labor objections.

Technology can offer solutions to help last-mile shippers handle increasing volumes while reducing cost and improving the customer experience.

Third-party logistics provider GXO received two solid analyses this week from the debt and equity side of the ledger.

An anticipated decrease in grain exports and increase in domestic biofuels production could change U.S. freight railroads’ capacity needs in the coming years.

Big-box sellers report healthier-than-expected consumers and stress high in-stock rates.

Houston and New Orleans reported increased monthly cargo during July, while Corpus Christi posted a rise in crude oil exports.

The mayor of Minneapolis vetoed a proposal that would have set a $1.40-per-mile minimum pay for Uber and Lyft drivers. (Photo: Jim Allen/FreightWaves)

Average CEO compensation rose as ocean shipping company earnings increased, fueled in many cases by share-based compensation.

The freight market downturn has made profitability elusive.

Jim Ward, president of the Truckload Carriers Association, joins Taking The Hire Road to discuss how the organization is elevating the industry.

Issues in the yard can threaten tight delivery windows just as much as issues on the road. Every inefficiency in the supply chain creates a domino effect, but so does every improvement.

Boeing has found an aviation services company in Jordan to carry out cargo conversions of used 737-800 jets.

The Federal Motor Carrier Safety Administration on Wednesday released parameters on data collection for a new study to determine the impact of detention time on drivers. The Information Collection Request (ICR) was submitted to the Office of Management and Budget (OMB) for review and approval and opened the window for public comments.

STG Logistics will extend its reach in Canada by offering “port-to-door” services in six new markets in addition to the Toronto and Montreal markets that it already serves.

Moving company WayForth is laying off hundreds and closing operations across eight states following a downturn in business.

NOPB has completed the expansion of the France Road rail yard, which will expand the short-line railroad’s capacity to switch, interchange and store rail cars.

Recent estimates on the current level of employment in the transportation and warehousing sector by the BLS are probably too high.

As the market continues to challenge brokers and carriers alike, freight agents need an organization to call home that allows them to advance their business. TAB provides that – — as evidenced by its 40% year-over-year growth for the past seven years that continues today.

FreightWaves covers some of the most interesting stories of the history of transportation and freight.

We’ve heard it before: Saving money is more important now than ever. For trucking and freight companies, recent events underscore the challenges of finding ways to save. Higher insurance premiums […]

SMART-TD is telling freight train conductors and conductor trainees to take charge of their safety since the programs offered by railroads are lacking. This is following the recent deaths of two conductor trainees.

A new app from Finloc 2000 allows carriers, drivers and, soon, freight brokers to book overnight truck parking, addressing an issue that plagues the U.S. trucking industry.

The FedEx and UPS fleets are flying less, but Amazon’s flight activity is up as the shifting parcel market impacts each company differently.

Just as scaling McDonald’s was more about real estate than hamburgers, electric truck charging is as much about land as it is about the grid.

Expedited delivery provider Priority Courier Experts received a strategic investment from private equity firm Trident.

Bulk hauler Trimac said Wednesday it acquired Doyle Sims & Sons Trucking.

Canada is pushing back against the latest U.S. decision to keep imposing import tariffs on Canadian lumber.

Federal regulators will attempt once again to try to figure out the safety and cost effects of delaying truck drivers at shippers and receivers.

Panama’s drought poses a serious challenge to the country’s canal operations, but fallout to global trade remains limited.

New York’s Port of Oswego on Lake Ontario has received a federal grant to upgrade port infrastructure and bolster export capacity.

The latest FreightWaves SONAR release gives users the ability to customize outputs based on rate per mile versus flat rates and to quickly retrieve 90-day moving averages for contract rates.

A story from 1976 shows a battle between a shoe manufacturer and a shipper over what the former believed was an “unreasonable rate.” The company-versus-company drama exhibits the complexity of international trade.

Ken’s Foods was chosen as a Shipper of Choice — an award that recognizes retailers and distributors that value their carrier relationships.

Large carriers finally started shedding capacity this summer.

DJI this week unveiled FlyCart 30, its first delivery drone. Here’s what you need to know.

Toronto Pearson airport plans to replace an office park with a cargo facility with funding from the Canadian government, which is also helping an Inuit-owned airline move more cargo.

“Optym HaulPlan has enabled us to plan more efficiently and make adjustments to lanes quicker,” said Estes President and COO Webb Estes.

Union Pacific is seeking to bring operations back to normal at two of its California subdivisions that were hit by Tropical Storm Hilary.

The new agreement passed by the largest margin in the history of UPS-Teamsters contracts.

Automated equipment put to work for the U.S. Postal Service failed to achieve projected savings, according to the agency’s watchdog.

Cal Fleet Advisor mostly geared to smaller fleets; no fee for the service

H.I.G. Capital announced it has entered an agreement to acquire expedited air and ground logistics provider Ascent Global Logistics.

Effective Sept. 4, all FedEx surcharges will be known as “demand” levies.

For customers, knowing when their shipment will arrive is no longer just a preference, it’s expected. Whether the receiver is a business or the end consumer, the standard is the […]

Freight booking platform Freightos is working to reduce its cash burn as it continues to grow and add new products.

Tai has been working on email improvements utilizing AI and machine learning for over three years now. . Most recently, the company introduced a new email feature – helping brokers write emails.

Forward’s plan to acquire a large forwarder has stakeholders concerned.

This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform.

“We’re constantly in touch with customers to make sure services and standards are met,” said Sam Burkhan, CEO and co-founder of ITF Group.

The benchmark price used for most fuel surcharges recorded only a small move after four big ones.

July volumes at the Port of Charleston and South Carolina Ports rose 12% from June and 3% year over year.

Environmental and financial concerns weighed in the U.S. appeals court decision to reject the Surface Transportation Board’s approval of the construction of the Uinta Basin Railway.

Federal regulators are cracking down on trucking-related exemption requests that fail to provide safety justifications.

Unprecedented supply-demand imbalances amid the pandemic led to historic dividend payouts by container shipping lines.

Jagger Canada Inc. is being fined $37,500 by the province of Ontario for failing to comply and clean up a fuel spill in 2019.