Container shipping under pressure as peak season hopes dim
Trans-Pacific spot rates have pared earlier gains and remain at loss-making levels. Demand has yet to rebound.
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Trans-Pacific spot rates have pared earlier gains and remain at loss-making levels. Demand has yet to rebound.
DHL Supply Chain and GXO Logistics are laying off at least 185 workers in Texas as a result of losing customers.
Reliance Partners’ CFO, Thomas Albrecht, warns about the underestimated impact of the ongoing bank crisis on the freight community. Discover how loan activity, interest rates, and funding for truckers and carriers may be affected.
So as not to bury the lede, this week’s lack of change in the PPI might ultimately prove to be the most exciting stability in quite some time.
Users need to plan for rapidly tightening logistics real estate markets next year, a Prologis report says.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Dunavant’s Kelly Lomax; Seko’s Brian Bourke and Blue Bird Express’ Phil Hyland
Freight brokerage firm Coyote Logistics is laying off another round of workers as the freight market continues to slide.
Rail service may have improved but that shouldn’t relieve the Surface Transportation Board from pursuing shipper-friendly regulatory reforms, shippers say.
There’s plenty of cargo news in Canada with WestJet avoiding a pilots strike and Air Canada expanding its freighter network to Costa Rica.
Transportation startups that went for easy SPAC money never thought times would turn so ugly – certainly not so fast.
Norfolk Southern and the Brotherhood of Locomotive Engineers and Trainmen have reached a deal over sick leave.
The Trucking Alliance has long stood out for its unique structure and its departure from what might be thought of as trade group consensus.
Railroads are making targeted investments, developing innovative technologies and evolving operations to combat climate change.
Seventy years ago, Jackie Cochran broke the sound barrier. Here’s the story of how she did it.
Flexport has taken another step toward simplifying international freight transportation from manufacturing to e-commerce storefront.
Black women in the U.S. Army during WWII made up the 6888 battalion, whose sole job was to handle the mail for American soldiers. Their story has been largely ignored for decades – until now. Hear their story and learn about their impossible feats from a historian close to the project.
The founder and CEO of Supply Chain Fitness discusses the importance of driver health during Employee Health and Fitness Month.
FreightTech providers are examining disruptive global shipping modifications that would be detrimental without AI’s support.
CMA CGM Air Cargo is trying to find its footing as a new airline. It has begun flying to India instead of the U.S.
An annual survey from Descartes shows how brokers and forwarders are adjusting to the downside of the cycle.
DroneUp, the company powering drone delivery for the largest retailer in the world, has trimmed its head count.
The outgoing head of U.S. Xpress is joining a Chattanooga, Tennessee-based nonprofit that focuses on sustainable mobility entrepreneurs.
Cargo shipments will cease on Friday as WestJet pilots walk off the job. The airline is trying to avoid a chaotic situation by taking down aircraft ahead of the deadline.
Autonomous trucking software developer TuSimple will cut 300 more jobs and keep China operations it had planned to spin off or sell.
Port CEO’s resignation came a day after a story aired on a local TV station about his alleged excessive expenditures.
A bill seeking to simplify eligibility for truck driver apprenticeships is part of a legislative package addressing supply chain shortfalls.
Europe faced a potentially disastrous energy shortage after war broke out. LNG shipping played a vital role in limiting the fallout.
The second part of this account of Revolutionary War naval hero John Paul Jones includes a dramatic battle on the seas and how Catherine the Great and Benjamin Franklin fit into the story.
DHL Air Austria will operate a mixed fleet of Boeing freighters in the fall and is seeking permission to fly new 767s to the U.S. so it has that option in the future.
Canada’s trucking industry is calling for the government to end Driver Inc., a business model they consider a tax scam that hurts the country’s freight sector.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Waabi’s Raquel Urtasun; Metafora’s Ryan Schreiber; FreightWaves Rachel Premack and Justin Martin
A proposed revision to FTC regulations would make canceling subscriptions as easy as signing up.
AxleHire CEO Adam Bryant says the most significant impact on the carbon footprint will come from the ability to drive more efficient utilization and aggregation processes in last-mile delivery.
The Surface Transportation Board is grappling with fallout from its March decision to approve the CP-KCS merger. Three progressive groups want STB Chairman Marty Oberman stripped of his role, while western Chicago suburbs have filed a lawsuit against the board.
Roadrunner has reduced transit times five times over the last 21 months, according to Roadrunner Vice President of Longhaul Operations Shari Leon.
Roadrunner announced Wednesday further enhancements in many of the less-than-truckload lanes it operates.
FedEx pilots say they are willing to go on strike, if necessary.
The Transportation Trades Department of the AFL-CIO wants Congress to pass a rail safety bill that addresses train crew sizes, train lengths and inspection times.
Airbus has reached another milestone with its young A330 passenger-to-freighter program.
The latest news for every retail supply chain nerd Attention shoppers and all you retail supply chain nerds. Welcome to Point of Sale: The Newsletter! Here you’ll find all the […]
Outsize profits are still flowing to companies like Danaos and Costamare that lease ships to container lines.
Kennan Beard, president of the California Short Line Railroad Association and president and CEO of the Sierra Northern Railway, talks to FreightWaves about why he thinks CARB’s new regulation governing locomotive emissions isn’t well thought out.
Cuts at C.H. Robinson impact 2% of its global workforce.
Cummins wants its filtration business to stand alone, but the engine and power distribution company will keep at least 80.5%.
Less-than-truckload carrier Yellow Corp. sees its credit ratings fall further as it attempts to hash out a deal with the Teamsters.
ChatGPT and other advanced AI tools are looking to find homes in supply chain software and in some cases already have.
Load board fraud hurts the American trucking industry and should be a top priority for everyone in the space.
The Mexican government has called on Texas to stop state-run cargo truck inspections at the border that have caused hourslong delays.
WestJet Cargo finally got airborne last month after nearly a year of unexpected delays and now faces a shutdown by week’s end because of a labor dispute.
“Ditat allows us to see the full picture immediately, and if detailed information is required we can pull the required reports and dissect it further,” Silver Trucking’s Behaija Dzananovic said.
Amerijet, a mid-tier cargo airline with growth ambitions, has struck a tentative deal with pilots for a new contract.
The container shipping party is over — that’s old news. Yet headlines continue to focus on comparisons to the peak.
The diesel benchmark price for most fuel surcharges declined for the 14th time in 15 weeks Monday, but signs suggest further declines may not materialize.
If you’ve never heard of Phoenix-Mesa Gateway Airport, you’re not alone. But for DSV, a large logistics company, it could prove a diamond in the rough for air cargo purposes.
First-quarter financials were iffy and cash was tight, but Workhorse electric stepvan manufacturing made progress.
Trucking rates are now below 2019 levels, but operating costs are much higher. Demand for trucking is set to get even lower this year.
Intramotev will use the $200,000 grant to test and deploy three self-propelled rail cars in the Upper Peninsula of Michigan in late 2023.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Thom Albrect; Christopher Carpenter; Tapan Chaudhari, Clarissa Luttmann and Rolandas Bielskus
Data published Monday from freight payments provider Cass says the industry may be close to entering a new cycle.
Former Daimler Truck North America CEO Roger Nielsen will become chairman of Proterra Inc. (Photo: Daimler Truck North America)
Latin American truck drivers are calling for a boycott of Florida freight over the state’s new law targeting undocumented immigrants.
Lowering carbon emissions has become more than just an industry trend. For several years, carriers, shippers and brokers across all modes have become increasingly focused on reducing carbon emissions. It’s […]
Recovery from the recession in airfreight transportation looks like it will be drawn out over the next year — and very slight when it does happen.
Autonomous trucking software developer TuSimple will disappear from the Nasdaq on Monday as it is delisted for financial filings failure.
It is becoming increasingly clear that hopes of a container boost from the reopening of China are all but gone.
This week in Borderlands: Experts see strong cross-border flatbed demand this year; Tesla breaks ground on Texas lithium refinery; DHL invests $120 million to expand operations in Mexico; and Mediterranean Shipping Co. opens Arizona office.
Companies are still trying to get their margins back to pre-pandemic levels with price increases on finished goods. This will continue to put freight demand at risk in the second half of the year.
AskWaves looks at how cross-border LTL demand may change as supply chain maps are redrawn.
A hearing held by the U.S. House Transportation and Infrastructure Committee on freight rail supply chain challenges focused on a range of topics.
Nippon Express has signed a deal with Austria’s Cargo-Partner that expands its geographic reach and logistics service capabilities.
DHL Global Forwarding will offer its first temperature-controlled service between Indianapolis and Europe.
The Wright Brothers are two of the most influential people in history, changing not only transportation but the entire world with their flying machine. Take a look at some of the glass plate negatives of photographs of their work and personal lives taken between 1898 and 1911.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by NASA’s Katie Rogers; IMC’s Meghan Turner and
Opposition is growing against a bill that would prevent the FMCSA from issuing a regulation mandating maximum speeds for trucks.
Despite expectations for seasonal growth in the second quarter, the health of the American consumer has continued to become more precarious, stirring headwinds for even once-reliable sources of freight.
All airlines are experiencing lower cargo revenue, but Air Canada lagged most competitors during the first quarter for reasons both unique to the airline and common for the industry.
Once the flywheel that is electric trucks gets spinning, there will be no slowing it down. But as former college football coach Lee Corso is fond of saying on ESPN […]
Ratings agency Moody’s held J.B. Hunt’s debt rating steady, as the trucking company’s rating hasn’t changed since 2014.
In light of Gordon Lightfoot’s passing, FreightWaves Classics looks at the Edmund Fitzgerald tragedy, as well as whether Lightfoot’s song about the incident is historically accurate
The Senate Commerce Committee passed the Railway Safety Act, sending the bill to the Senate floor for a vote. But will it have smooth sailing?
A group representing the nation’s largest container ports contends lawmakers are misleading the public with a bill targeting Chinese-made container cranes.
In this issue, used truck prices and spot rates fall; Pete’s new truck; self-driving data hogs; and more.
The CEO of shipping line Hapag-Lloyd argues that current freight rates are unsustainable and will correct upward over time.
U.S. Xpress has laid off about 150 staffers and reported a hefty loss to the SEC.
Ralph Moyle CEO Ashley Kordish discusses steps she has taken to understand her employees’ circumstances and create a positive work culture.
Pitney Bowes CEO Marc Lautenbach retained his board seat despite the election of four Hestia Capital Management candidates.
Canadian Pacific Kansas City is building its intermodal service between points in the U.S. Midwest and Mexico, announcing a new daily service that aims to take away market share from trucks.
The Canadian town of Caledon, Ontario, continues to aggressively target suspected illegal trucking operations in the community. Caledon won a legal battle Monday against a trucking company known as 2423274 […]
The so-called Olson case over AB5 draws interest from well beyond California.
Some large retailers say they’d rather pay trucking companies more during this freight recession and avoid a trucking bloodbath.
CPG companies are trying to lock in low freight rates in a cyclical trough.
Naval officer John Paul Jones’ story sounds like a scene from “Pirates of the Caribbean,” but the true story of the “Father of the American Navy” includes its share of amusing twists and turns.
Radiant Logistics said it will continue to use free cash flow and potentially debt to fund share repurchases and acquisitions.
U.S. box demand, which has experienced historic declines in the past two quarters, remains unusually weak in Q2 from all indications.
Truckers, brokers and fuel retailers told Congress where they believe regulators are overstepping their authority — and where they need to step in.
Heavy gunfire has been reported near the Pharr-Reynosa International Bridge, a key border crossing linking Texas and Mexico.
The U.S. Postal Service is merging three ground-delivery products to emphasize surface transportation.
Four supply chain-focused firms have secured a combined $70 million in funding amid a sluggish investment market.