News

Saia’s revenue trends in April are much better than its less-than-truckload peers.

The recent explosion of freight technologies has benefited companies of all shapes and sizes, but these solutions have had an outsized effect on small and mid-sized operations. 

Generative AI is capable of overhauling the day-to-day realities of the supply chain industry by automating human-intensive processes and creating a pathway for fast-paced innovation.

Universal Logistics Holdings saw revenue declines in its trucking, brokerage and intermodal segments in the first quarter.

A collision on the seas involving an American shipping company sparked a heated letter exchange about who was responsible. This fight surprisingly led to the mending of U.S. and China maritime trade.

Sun Country is bucking the trend of express carriers flying fewer hours because of slow shipping volumes. Its Amazon fleet is busy as ever.

The impact of the movement of trade to the East Coast and Gulf ports can no longer be denied in the railroad data.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by NASA; Fleetworthy Solutions and Lucas Systems

ArcBest on Friday stood by its strategy to take on lower-margin business.

Volumes are just beginning to tick up at the tail end of April, but freight demand in the quarter has been mostly flat and thus grossly unseasonable.

Triumph Financial felt the soft freight market like everybody else, but its network of the future did show signs of improvement.

Electric infrastructure and fuel cells are two areas where old ideas form the basis of new approaches.

“Although the U.S. supply chain is not having the issues that occurred over the last two years, many of the underlying problems remain,” said Cornerstone Systems’ Guy Wallace.

Thousands of small truckers are shutting down, while megafleets are reporting losses in the millions.

Reward and incentive programs are often thought of as financial expenditures. When executed well, however, these programs can garner serious savings thanks to improved driver behavior, allowing carriers to free up cash without making sacrifices.

The California Air Resources Board has passed a regulation that compels freight and locomotive operators in California to adopt technologies to reduce locomotive emissions and phase out diesel locomotives.

In just a few weeks, law enforcement personnel across North America will be posted at roads, weigh stations and designated inspection areas to conduct thousands of inspections during CVSA’s 2023 International Roadcheck.

The economy has been declining since the start of the COVID-19 pandemic. Supply Chain Quarterly said that in 2021 “volatility, inflation, and surging demand caused U.S. business logistics costs to increase by […]

UPS is adjusting its air network to minimize wasteful flying while shipping volumes are weak.

Just before California regulators vote on a Clean Fleets rule, Daimler Truck has launched the U.S.-focused Rizon brand of Class 4-5 EVs.

Cargo flow fell slightly at ports in Houston and New Orleans in March but increased at the Port of Corpus Christi in South Texas.

Trimac Transportation said Thursday it has completed the acquisition of AIP Logistics.

The endless stories that make up the history of transportation and freight are chronicled in some of the most riveting nonfiction books, but they almost read like novels. Here are the five favorites for the FreightWaves Classics team.

Hub Group had year-over-year revenue declines in its intermodal and logistics segments during the first quarter.

Amazon also issues higher second-quarter guidance.

Covenant’s biggest announcement in disclosing its first-quarter earnings is that it bought a large hauler of poultry-related freight.

FRA has issued a safety advisory asking freight railroads to be aware of the operational adjustments that must be made when they deploy longer trains.

Companies expecting a near-term demand recovery might be well served to read Visa’s Q1 earnings call transcript.

Quarter after quarter, Paccar Inc. points to parts sales as driving its revenue and profits. Rush Enterprises deserves some of the credit.

In this issue of the WHAT THE TRUCK?!? newsletter, load board fraud rises, freight recession, dangerous states for truckers and kids crawling under trains.

Schneider National beat first-quarter expectations Thursday but lowered its full-year outlook as excess capacity lingers.

American Airlines joined its peers in posting lower cargo revenue for the first quarter from a year ago.

FMCSA Administrator Robin Hutcheson discusses efforts underway to make the trucking industry more diverse.

Federal regulators have told Congress that assessing the safety impacts of ELDs has become a challenge.

Carriers will now be able to handle their fuel expenses on Uber Freight’s app with no annual fees, according to the freight marketplace.

The partnerships with the two truck carriers for intermodal service will create new business opportunities for all three companies, CPKC officials said during the company’s first-quarter 2023 earnings call.

U.S. Xpress, about to be sold to Knight-Swift, has settled 4-year old litigation regarding its initial public offering.

Gol Airlines in Brazil will have five all-cargo aircraft in its fleet by next month operating in a dedicated service for a large online retailer.

The California Air Resources Board is expected to discuss this week a proposed regulation calling for zero-emissions locomotives by 2030 and 2035.

Freight broker Landstar System sees a big earnings falloff from the all-time high established a year ago.

The Biden administration has opened the first round of a $400 million, five-year grant program to clear truck pollution at seaports.

Tracking trailer inventory was always part of Outrider’s autonomous distribution yard plan. Now, it is happening.

Aurora Innovation and Continental AG are partnering to build the Aurora Driver autonomous hardware to scale for the U.S. in 2027

Trailer maker Wabash reaped the benefits of its reorganization and long-term customer deals in the first quarter.

C.H. Robinson had a weak first quarter, as expected, and a new CEO should be in place by the end of the quarter, according to management.

Tanker investors have been disappointed before. Is the current stock pullback a bump in the road or something more?

Hawaiian Airlines faces more turbulent market conditions coming out of the pandemic than nearly any airline. On the bright side is a new charter contract with Amazon that will diversify the business.

Norfolk Southern is adjusting how it configures trains in response to the February East Palestine, Ohio, derailment. That will help the company improve productivity later this year, officials said during the railroad’s first-quarter 2023 earnings call Wednesday.

Like Volvo Group and Paccar Inc., which have already reported, Daimler Truck forecasts a stronger-than-expected first-quarter earnings report.

Link Logistics maintained high occupancy and rent growth in the first quarter.

TFI International reported first-quarter revenue declines in all four main operating segments.

Old Dominion said Wednesday that volumes have stagnated and some of its customers are pushing back on pricing.

FreightWaves CEO Craig Fuller spoke to Truckstop CEO Kendra Tucker during FreightWaves’ Small Fleet & Owner-Operator Summit about managing volatility in the trucking market and curbing double brokering and fraud on load boards.

“Trucking as a business is not about what you make, it’s about what you don’t spend,” industry expert Adam Wingfield said at FreightWaves’ Small Fleet & Owner-Operator Summit.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Craig Fuller, Rachel Premack, Brent Hutto, Tyler Harden, Evan Shelley and Hunter Shearer

Uber Freight’s head of product shares simple ways to improve decision-making and reduce costs while improving customers’ shipping experiences.

Ryder’s earnings show that even though the company is focused on growing other parts of the business, leasing is still where it makes most of its money.

While every sector has seen its fair share of upgrades, challenging and shifting priorities, the ocean environment has proven especially rife for change.

Cargolux set financial records in 2022 but expects its air cargo business to decrease this year because of difficult operating conditions.

Nothing is normal in logistics and the power shift in the game of supply and demand has shifted back to the shipper.

Small-fleet summit keynoter Lewie Pugh from OOIDA reveals the secrets of success to thriving as an owner-operator in a down market.

Russia’s invasion of Ukraine and the temporary blockage of its Black Sea port have redirected the flow of grain from Ukraine.

As new container ships flood the market amid weak demand, Drewry expects low freight rates to persist through 2024.

Yellow Corp. has approved the Teamsters’ selection to the company’s board of directors.

Gary Chicago airport is building a massive apron for freighter aircraft that UPS will only partially occupy. Build it and others will come is how officials think about it.

American Shipper in May 1974 took a look at charges for the handling of freight, which were largely unrecorded if they existed at all before the Civil War.

In the latest bid to block the AB5 independent contractor law from implementation in California’s trucking sector, two key groups are quoting the author of the law.

A weak U.S. consumer and a continued Asian downturn weigh on UPS. The macro environment is expected to remain challenged, CEO Carol Tomé says.

TriumphPay and Highway join forces to create an exclusive algorithm that will combat double brokering.

Canadian Pacific Kansas City railroad announced a deal with Knight-Swift Transportation to provide intermodal capacity for a Mexico-to-Chicago train.

Not to be outdone by CPKC, CN said it is partnering with Union Pacific and Grupo México to provide a new, cross-continent intermodal service that will seek more truck-to-rail conversions.

Paccar Inc. crushed Q1 revenue and profit estimates, a quarter dampened by a $446 million hit related to European price-fixing settlements.

Amerijet and Air Transport Service Group have hit milestones: Amerijet for growing its fleet to 25 aircraft and ATSG for leasing its first used freighter that was reconfigured for cargo by Boeing.

Parcel giant weighed down by soft US retail sales, continued slowdown in Asia

“We could make carriers’ lives easier by giving them a single tool that they can use to make sure that they are not missing any hiring steps,” said LogRock co-founder and CEO Hunter Yaw.

The Q2 Freight Sentiment Indexes show carriers lower, brokers higher and shippers about the same despite ample pricing power.

U.S. box shipments are declining at their fastest rate since the worst of the Great Financial Crisis, with trends having deteriorated as the first quarter progressed, according to the third-largest North American containerboard producer.

Pam Transportation saw first-quarter earnings fall as the truckload market searches for a bottom.

The benchmark diesel price used for most fuel surcharges declined Monday, continuing a trend that goes back six months.

Amazon drivers and dispatchers in Palmdale, California, have won recognition to join Teamsters Local 396 in Los Angeles.

Legislation giving FMC more power over alliances is aimed at preventing anticompetitive container carrier agreements.

FedEx is shrinking its network of pilot bases in an effort to cut costs. The move follows a recent decision to transfer a major maintenance facility at LAX airport to Indianapolis.

Yellow confirms that it has asked the Teamsters to open up the National Master Freight Agreement a year early as talks around proposed network changes have stalled.

Toyota expects to deliver incentive-supported, Kentucky-produced heavy-duty fuel cell kits to U.S. customers this year.

There is growing sentiment that higher trans-Pacific spot rates will not hold and prospects for shipping lines remain weak.

Unions representing locomotive engineers and train conductors are still working through some sticking points with railroads regarding work schedules, sources told FreightWaves.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by gCaptain’s John Konrad; Nick Souza and FreightWaves’ Donny Gilbert

The final panel at the TIA annual meeting echoed a theme of the whole meeting: Double brokering and fraud are surging.

General Motors is recalling 40,000 medium-duty trucks built by Navistar that can catch fire because of leaking brake fluid.

TruckParkingClub.com is launching hourly parking with a pilot program at a Kentucky McDonald’s restaurant.

FreightWaves will host the Small Fleet & Owner-Operator Summit on Wednesday with a full day of industry insights.

TravelCenters of America brings up failed deal in argument for BP purchase.

The pandemic may have exposed long-term weakness to the railroads’ intermodal growth plans.

This week in Borderlands: $102M cold storage warehouse planned for Houston area; auto parts supplier opens $34M plant in Mexico; steel manufacturer, distributor expands Texas operations; and CBP seizes $21M worth of fentanyl in green beans shipment.

Geoff Kelley’s departure from Transportation Insight Holding Co. is part of a restructuring at the Atlanta-based company.

Despite what may be a lot of available parcels, Amazon may have better things to do with its capital than to chase UPS customers.