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Workhorse Group stockholders approved a proposal to more than double the number of authorized shares, one of few paths to new capital.
A defect with the data storage system that Norfolk Southern uses may have caused NS’ primary and recovery data systems to become unresponsive, NS said Friday.
An enormous drop in truck transportation jobs in August is likely related to the shutdown of Yellow Corp.
Ree Automotive tested its Reecorner by-wire technology for months before getting precertification that moves it closer to production.
Coyote, a $5.2 billion freight broker, just announced layoffs again. The trucking industry is in a recession.
While there have been efforts to improve sustainability in the freight industry, significant challenges remain.
Convoy and OTR Solutions have issued a joint statement saying that the situation has been resolved.
Robust Electronic Logging Devices (ELDs) are able to track driver hours and ensure compliance to Hours of Service (HOS) regulations, but electronic logging is just one component of a larger […]
Investors are looking for revenue quality and efficient growth.
FedEx’s 2024 rate increases highlight the many moving parts that UPS will need to manage.
UPS Inc. is offering pilots an early retirement package to reduce payroll amid declining package volumes. The integrated parcel and logistics giant confirmed Thursday it wants to trim senior pilots […]
U.S. Postal Service contractor Matheson Flight Extenders (MFE) filed paperwork Thursday stating that it plans to eliminate 305 jobs and close its sorting facility in Chicopee, Massachusetts, by the end of October, bringing to about 1,000 the total job cuts it has announced in recent days.
Rail, port and trucking interests want the Biden administration to ramp up oversight and coordination of the multi-billion dollar infrastructure law.
A key participant in Louisiana’s Operation Sideswipe was to be sentenced Thursday, but a new date sets up a sentencing doubleheader.
At the end of the day, logistics is a relationship-driven industry. Solving widespread issues – like detention time – requires collaboration between all shippers and carriers.
A decline in rail volumes has led Union Pacific to store locomotives — which in turn has led to furloughs of at least 94 employees, according to a union official.
Based on current port data compiled by American Shipper, the East Coast and Gulf ports are strongly favored over West Coast ports.
Despite the growing importance of interoperability in supply chains, there are more technology companies marketing closed platforms than ever before.
Packaged coffee is an exception to sticky prices where consumers are benefiting from lower commodity costs.
In an article published Tuesday, FreightWaves CEO and founder Craig Fuller made a case that the trucking industry is not consolidating anytime soon.
Shannon Currier of the St. Christopher Truckers Relief Fund joins Taking The Hire Road to discuss how the organization is giving help and hope to drivers and their families when they need it the most.
LiveQuote allows brokers to send their shippers automated quotes tailored to each company’s expectations, capacity and requirements.
Nikola Corp. founder Trevor Milton lost a bid for a new trial on a claim of juror bias.
Operations temporarily ceased in limited areas of CSX’s network as Hurricane Idalia swept through Florida and Georgia.
The U.S. is pressing Mexico to review a complaint by pilots at Mas that they were harassed over associations with a labor union.
Avianca is investing in capacity and quality control because it sees growth opportunities in the Latin American air cargo market.
Persistent congestion and higher delays at the Panama Canal could lead to lasting changes in global LPG shipping flows.
Jacksonville, Florida-based Gulf & Atlantic Railways is acquiring the Pioneer Valley Railroad in Massachusetts and operating the revamped Grenada Railroad.
A small group of New Jersey workers at a division of Werner has voted to be represented by a union, a first for the giant truckload carrier.
Supply chains are in good shape, and Hurricane Idalia mostly spared key supply nodes, according to the executive director of the American Logistics Aid Network.
Arizona has settled a federal lawsuit over a wall made of shipping containers at the Mexico border that was taken down in January.
In 1976, an investigation into rate rebating and malpractice by carriers did not put a similar spotlight on freight forwarders. An article in American Shipper at the time questioned whether that was fair.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Rachel Premack; Scott Pecoriello; Greg Weigel; Justin Martin; and Tricky Mick
The market is still depressed, but recent layoffs and closures have fueled enough uncertainty to make some players wonder about changing market tides.
During the NMFTA’s monthly webinar, Perygee’s CEO shares how properly tracking little data helps transportation companies leverage big data insights across their organization.
Trucking companies are fleeing the market and volumes are starting to rebound. This is good for the freight industry.
The National Transportation Safety Board will focus on employee training methods and industry practices on clearance as it continues its investigation of an Aug. 6 conductor trainee fatality at a Maryland CSX rail yard.
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.
