News

A U.S. district court in Kansas may ultimately determine Yellow’s fate on Friday.

Seeking clues in TuSimple’s delayed financials; a case for an autonomous trucking slowdown; and Kodiak Robotics’ dual-use approach to autonomy.

TriumphPay dealt with the same weak conditions as other trucking-focused companies in the second quarter, but one key measure was stronger.

Figuring out how to encourage more shippers to switch from truck to rail is not something that can be done overnight, executives said during CSX’s second-quarter 2023 earnings call.

As less-than-truckload carrier Yellow Corp. faces a potential work stoppage by its largely union workforce, an action that would likely force it to close its doors, we take a look back at some of the top stories in the past year.

Ontario International Airport has approved a large cargo development for DHL Express to support express delivery on the West Coast.

The autonomous industry’s losing streak is growing as Teamsters-backed legislation passes committee after committee in California.

Knight-Swift Transportation called out several headwinds facing its businesses as reasons to meaningfully lower its 2023 earnings guidance.

Volume and pricing gains for CSX’s merchandise segment weren’t enough to offset a decline in intermodal volumes and falling export coal benchmark prices, CSX said.

Sites in Arizona, Alabama and elsewhere are being prepared to host rail-served industrial facilities.

FreightWaves’ State of Freight for July focused on a potential Yellow shutdown and a looming strike at UPS.

Capital markets that have been freezing out mobility startups may be thawing with Aurora Innovation raising $820 million in new funding.

In this issue of the WHAT THE TRUCK?!? newsletter, what to do if Yellow goes belly-up; why you should stop using UPS; AI in trucking; and more.

Fluid Truck Renew helps commercial fleets lease out parked equipment and offers a simple way for new fleets to enter the market.

Spreads between high- and low-sulfur fuels are down to pandemic levels and LNG has become much more economical.

PGT is well known for its innovative approach to all things flatbed. The company applies this same attitude to driver hiring and training.

LTL contract rates and tender rejections in select markets will tell us if transportation networks can handle a sudden Yellow exit.

Mediterranean Shipping Co. is part of a new breed of ocean carriers trying their hand as cargo airlines.

CDL job platform Lanefinder pioneers new hiring model to aid trucking companies amid freight recession

FedEx will focus its resources on shippers who use both it and UPS, Shipware’s Karamcheti says.

Pam Transportation Services reported a sharp decline in earnings during the second quarter.

Conagra says consumers are buying less while J.B. Hunt highlights lack of seasonal uptick.

American and United airlines enjoyed highly profitable second quarters, but their cargo businesses were a downer.

Democrats said they respect workers’ rights to strike in the event negotiations between the Teamsters and UPS fail.

According to Terminal Industries, 92% of yards lack technology solutions to eliminate wasted capacity, drive down unforeseen costs and improve inventory operations, leading to $146 billion in excess transportation costs.

Kodiak Robotics and Drivewyze are working with Texas authorities to make it easier for autonomous trucks to bypass weigh stations.

Less-than-truckload carrier Yellow Corp. says it’s the union’s fault for its cash-strapped predicament.

Shipowners have invested billions in the LNG fuel option in the belief that it will benefit regulatory compliance and the environment.

Less-than-truckload carrier XPO said its chief financial officer is leaving and that it has filled the role internally.

Data visibility tech providers IntelliTrans and Nexxiot have created a product designed to give bulk and break-bulk shippers information about a rail car’s whereabouts.

With sequential comparisons as important as year on year, truckload carrier Marten held on in Q2 compared to Q1.

Truck broker Uber Freight said Wednesday it has decided to stop placing loads with Yellow Corp. as the carrier faces a potential worker strike.

Pricing in ocean shipping was done much differently in the 1970s compared to today. To simplify things, a group of executives created a game around the concept for workers to play.

Maersk Air Cargo is growing its small U.S. footprint with a cargo facility near the Atlanta airport.

Two completely different approaches taken by two different circuit courts over broker liability could result in another trip to the Supreme Court on the issue.

Lowe’s expanded same-day delivery service leverages OneRail’s OmniPoint platform and network of 12 million drivers.

The Teamsters union says UPS bowed to union pressure to resume talks. UPS says it is “pleased to be back” at the table.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Dan Parker; Jonathan Colbert; Tyler Harden; Justin Martin and Jimmy Harrison

Women In Trucking Association President and CEO Jennifer Hedrick explains how the average driver job has changed, removing barriers for women.

FreightWaves’ Anthony Smith and transportation attorney Brandon Wiseman, president of Trucksafe Consulting, discuss some of the top challenges for trucking fleets, including HOS rules, CBD usage and DOT compliance issues, during FreightWaves’ Enterprise Fleet Summit on Wednesday.

Mark Manera talks driver fitness at FreightWaves’ Enterprise Fleet Summit.

Torc Chief Strategy Officer Andrew Culhane chats with FreightWaves’ Thomas Wasson in this Enterprise Fleet Summit fireside chat about the strategies used to integrate new technologies.

Attracting and keeping top talent requires a consistent focus on communication, says Sadie Church of Artur Express.

Fiscal year 2023 volumes tracked more with 2021 volumes than with 2022, which had experienced an unprecedented cargo boom, according to South Carolina Ports.

Nikola won’t need any more shareholders to vote for a share count increase because a Delaware rule change lowers the threshold.

Driver pay has done an about-face over the past two years. Trucking pay expert Leah Shaver talks about what she has seen.

“You cannot make a living today if 100% of your freight is at that spot market pricing,” warns BCB Transport’s Rick Larkin.

Innovative FreightTech firms showed off their newest products during FreightWaves’ Enterprise Fleet Summit on Wednesday.

Startup Gage Zero thinks its expertise in negotiating renewable energy contracts will help fleets transition to electric mobility.

Access to health care has always been a challenge for truck drivers. Jeff Seraphine, CEO of Brentwood, Tennessee-based Interstate Health Systems, discusses some of the challenges drivers face and explores potential solutions to address their health care needs.

Trimble’s Jesse Chappell discusses how video AI in trucking is gaining momentum with enterprise fleets.

Volvo Group posted record second-quarter profits but accepted fewer orders and shed market share during the quarter.

The 7th Circuit on Tuesday ruled in favor of the freight brokerage industry regarding negligence claims.

The Diesel Technology Forum released data on trucks getting cleaner, but is it enough in the energy transition?

Teamsters issued a strike notice at Yellow shortly after the carrier said it would defer two months of required benefits contributions.

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.