News

J.B. Hunt Transport Services missed second-quarter expectations Tuesday and said it is still uncertain how peak season will play out.

In a statement Tuesday evening, Yellow Corp. said it would defer health and pension contributions as planned.

U.S. rail imports from Vancouver and Prince Rupert are imperiled again. ILWU Canada has rejected the proposed dockworkers contract.

A former third-party CDL skills tester in Idaho was recently sentenced to two years in prison for his role in a three-year bribery scheme.

Shipping stocks in sectors with high deliveries of new ships are doing better than those with low orderbooks.

Union Pacific will expand the utility role in Nebraska and Colorado and make it more responsive to train movements.

Truckstop has acquired FreightFriend, an AI-powered carrier relationship management platform.

Union pilots at UPS are ready to show solidarity with Teamsters workers if there is a strike, which would ground UPS Airlines.

Low-volume contract lanes are often overlooked due to their size, but if mismanaged, these small volumes can have a large impact on a shipper’s bottom line.

Exempting former prison inmates from certain CDL training rules could not ensure that safety standards would be upheld, according to federal regulators.

Logistics real estate giant Prologis beat second-quarter estimates Tuesday but lowered its rent growth forecast for 2023 as the market cools from peak activity.

“I think this acquisition sends the message to the market that we are here to add real value,” said Ship Angel founder Graham Parker.

A strike is looming at Yellow — and it could finally be the end for the long-troubled trucking company.

Brokers say some shippers are steering clear of the troubled trucking carrier. Other customers are flocking to Yellow.

Documents revealed late Monday show Yellow Corp. has missed required contributions for June and plans to withhold July payments.

Neither DAT nor Convoy would be able to refile lawsuits against each other that they have agreed to drop.

Former Celadon subsidiary Jaguar Transportation has been acquired by a consortium of U.S., Mexican investors.

The retail diesel price that serves as the basis for most fuel surcharges had no change from the prior week for the first time since April 2021.

Odyssey Logistics got an increase in its outlook from Moody’s, a change from earlier ratings agency actions on 3PLs.

While carriers are usually responsible for paying for claims, claim disputes burden freight brokers with more work — and they might end up footing the bill due to coverage gaps. Reliance Partners can help.

The production of electric trucks is still so small that it’s easy to overlook the hundreds subject to recall campaigns.

The hiring of John W. Dietrich as CFO is part of a broad finance revamp at FedEx.

A Georgia-based trucking company, which reported a significant drop in revenue this year compared with the previous two years, filed for bankruptcy liquidation on July 14.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Mats Holmbäck; Scott Cornell; Frank Hurst; Joe Antoshak

Tesla has unveiled its first production electric Cybertruck, the company tweeted Saturday, two years behind schedule.

Work at UPS may continue past July 31 should the Teamsters’ rank and file need to weigh contract terms.

On Wednesday, FreightWaves will host its annual Enterprise Fleet Summit. Here’s some of what you will learn.

The decline of air cargo is less severe than earlier this year, but a bearish case for a counter-seasonal, second-half dip is gaining momentum as freight forwarders undercut each other on prices to win customers.

This week in Borderlands: $18B LNG export terminal project moves forward at Texas seaport; DHL investing $560M to expand supply chains in Mexico, South America; German manufacturer announces 1st facility in Mexico; and CBP seizes nearly $4 million in meth from a California border crossing.

In a market where capacity is abundant, it is difficult to identify underlying shifts in demand.

The National Defense Authorization Act amendment is aimed at blocking China’s ability to monitor U.S. container flows.

Tanker shipping sanctions compliance is getting a lot more complicated as the price of Russian crude oil rises.

Now that the labor strike at Canada’s ports is over, it’s time to take a look at the delays it created.

Robert Bosch expects $5.3 billion in sales by 2030 from building equipment that makes and uses hydrogen.

Did you know there was a system of tubes under New York City that used to carry the mail?

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Dan Cicerchi; Aaron Peck; George Thellman; Sasha Seymore

UPS’ nonunion employees have begun training for a possible work stoppage.

The U.S. Department of Labor is seeking nearly 1,400 Arizona drivers owed $5.6 million in back pay and damages after they were misclassified as independent contractors.

Demand from retail shippers is historically quiet in the period from now until August, after which retailers restock their shelves for the back-to-school season.

The Competitive Enterprise Institute, the Rio Grande Foundation and others are urging senators to leave some items out of the rail safety bill before Congress.

Daimler Truck forecasts a sunny outlook for its business, especially in North America and Europe.

There are a lot of moving pieces in the logistics industry. It can be difficult for leaders and decision-makers to keep their eyes on every aspect of the business, especially […]

Amazon is dialing back flights for its European cargo airline. The third party operating those flights has let go nearly 30 pilots.

Some truck drivers at Yellow are worried about their retirement plans. Others fear their jobs may be eliminated in the coming months.

The industrial real estate market is beginning to revert back to solid pre-pandemic levels, a Cushman & Wakefield report says.

The extended strike in western Canada was beginning to affect U.S. supply chains. Its resolution limits the fallout.

This episode of Tracks Through Time explores how Kate Shelley became a hero at 17 years old when she took extreme measures to save a passenger train from certain disaster in 1881.

A report from a key oil agency could be read as either bullish or bearish for the market.

General Mills, Conagra and other branded packaged food companies continue to experience substantial volume declines, but the explanations differ by company.

A collective bargaining agreement between TForce Freight and the Teamsters comes 18 days before the current contract expires.

Idelic’s founder joins Taking The Hire Road to discuss how machine learning is helping companies predict crash risk and effectively coach the right drivers.

Delta Air Lines has seen cargo revenue slide by more than a third in the past year.

Learn how SmartDrive can help solves these challenges.

Uber Freight has implemented layoffs in its legacy digital brokerage operations in the second round of cuts this year. 

Although international intermodal traffic has come to a halt at the Canadian West Coast ports since the start of the work stoppage on July 1, carload volumes for commodities such as coal and grain have grown, according to supply chain data visibility firm RailState.

About 94% of executives say consumer demand for more sustainable products makes reducing emissions a top priority, according to a new survey.

Autonomous mobile robots can help combat the warehouse worker shortage, experts say.

Tom Linebarger introduced Jennifer Rumsey as his handpicked successor as CEO of Cummins. Now she is adding the role of board chair.

The mobile vehicle maintenance service Torque by Ryder is now available in seven states.

The famous Norwegian Cruise Line of today got its start transporting ice and coal between Norway and Great Britain. This article from American Shipper in 1975 describes the company’s beginnings and its success in the cruise industry at the time.

The closely watched Cass report sees a new cycle, which is actually the start of the market bottom in freight markets.

The Digital LTL Council’s API road map will cover the freight data stream from “quote to cash.”

Sulfur pollution addressed by IMO 2020 created a health risk, but that pollution had a cooling effect, which has now been reduced.

Barnhart Transportation, a Pennsylvania-based carrier with 170 trucks, has been acquired for $53 million by Houston-based SMG Industries.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Krenar Komoni; Rachel Premack; Henry Byers; Justin Martin

The Surface Transportation Board will look into whether freight rail operations are affecting the on-time performance of Amtrak’s passenger rail service between New Orleans and Los Angeles.

Office furnishings manufacturer HNI Corp. strives to be attentive to drivers’ needs, which is why the Iowa-based company garnered a spot on FreightWaves’ annual list honoring shippers.

Canada and Mexico are seeing tremendous growth as a result of nearshoring efforts. This has generated significant interest in cross-border capabilities.

The agreement should keep tanker and bulker orders in check, while increasing the risk of a future carbon tax on container shippers.

Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort to […]

The first meeting of FMCSA’s Truck Leasing Task Force has put lease-purchase agreements under more intense scrutiny.

The Cargo Airline Association has a new president for the first time in 40 years.

Rickenbacker International Airport in Columbus, Ohio, caters to cargo. It is targeting the medicine, vaccine and biologics business with a new temperature-controlled facility.

Earnings at supply chain software provider E2open were a mixed bag, better than a year ago but weaker sequentially.

Ships continue to stack up as Canada’s port strike continues, according to new data from the ITS Logistics Port/Rail Ramp Freight Index.

Tive’s technology advancements allow customers to see blind spots in air and ocean cargo.

Redwood’s CEO says the acquisition of Rockfarm strengthens its “modern 4PL” capabilities.

Obtained documentation shows Transfix is looking to raise funds at a $376 million valuation.

In its first meeting with analysts since going solo, Daimler Truck projected revenue growth of 40%-60% in the second half of the decade.

Even as it pivots from the U.S. market for autonomous trucks, TuSimple still faces threat of Nasdaq delisting over late reports

Thousands of driver and package handler jobs could be lost if the Teamsters strike UPS, the head of consultancy ShipMatrix says.

The benchmark diesel price used for most fuel surcharges rose for just the third time in 23 weeks.

June volumes of containerized imports were higher than normal and the National Retail Federation predicts more gains ahead.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Desmond Clark, John Oldham Jr.; Jay Silva

Union Pacific and the union representing train conductors have reached a sick leave agreement.

Yellow has reached a waiver deal with a group of lenders that will give it some breathing room as it seeks to right its sinking ship.

A major air cargo terminal in Hong Kong is deploying robots to monitor security and damaged shipments.

Nominate freight industry disruptors for FreightWaves’ annual 2024 FreightTech awards before Friday, Sept. 1.

This week in Borderlands: New Mexico lands first major auto parts manufacturing plant; FedEx closing facility in Texas; Nippon Express opens logistics warehouse in Arizona; and San Diego customs agent charged with taking bribes.

There are some positive signs that the freight market has cleared most of the post-pandemic rubble, but full recovery is still a ways off.

U.S. import demand is likely peaking and could soon begin a steady decline toward a “new” bottom in the back half of 2023.

U.S. imports via Canadian ports face rising fallout as the war of words escalates between dockworkers and employers.

Cargo pilots at Western Global Airlines are in the difficult position of negotiating their first collective bargaining agreement as questions mount about the company’s ability to stay in business.

The Association of American Railroads is suing the state of Ohio over its new law on freight train crew sizes.