Flock Freight lays off 45 people
Layoffs continue at the FreightTech unicorn, Flock Freight, as 45 employees were fired at a recent all-hands company meeting, four months after 60 workers were let go.
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Layoffs continue at the FreightTech unicorn, Flock Freight, as 45 employees were fired at a recent all-hands company meeting, four months after 60 workers were let go.
A company with just under a 5% holding in TravelCenters of America wants the board to speak with Arko, whose bid for the company has been rejected so far.
Shippers are in a strong market position. At TIA, they talked about what they want from the brokers who serve them.
FreightWaves has won a top award for commentary journalism in the 2023 Jesse H. Neal Awards.
A shipment of gold and other values was pilfered at the Toronto airport in Canada this week and police have few leads so far.
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“There have been companies that have introduced [dashcams] with great success and haven’t lost any drivers at all, and then there are other companies that have lost quite a few drivers because of it,” Reliance Partners’ Brian Runnels said.
One of the drawbacks of hydrogen adoption as a transportation fuel is the lack of infrastructure. Guess what? A network of hydrogen fueling already exists.
“The Premier Partner Program expands our carrier family to include an even higher level of qualification of carriers that can meet the needs of participating shippers,” said president George Abernathy.
Service improvements at CSX come as headcount levels are at “a good number,” officials said during the company’s first-quarter 2022 earnings call.
The Silver Bridge collapse has a unique folklore, but it also completely changed how we look at safety regulations for bridges. Hear about the collapse and the stories surrounding it. Then get an inside look with West Virginia DOT’s Tracy W. Brown, a state bridge engineer.
Schneider said Friday it will be a strategic intermodal carrier for the Canadian Pacific Kansas City rail line from Mexico to Chicago.
FreightWaves SONAR has added several features to increase pricing efficiency and strategy effectiveness for transportation teams everywhere.
WestJet can’t catch a break when it comes to starting its new cargo airline. Service began Thursday but could shut down in less than a month if pilots go on strike.
The potential widening of broker liability in the Miller case against C.H. Robinson is creating fears among 3PLs, but attorneys see a potential reversal.
Localz offers a differentiated platform, logistics IT firm Descartes says.
Paccar Inc. is taking a $600 million pretax charge against first-quarter earnings from settlements in a 2016 European price-fixing scandal.
Knight-Swift Transportation has recalibrated its 2023 outlook after posting an earnings miss to start the year.
Union Pacific’s earnings guidance for the year is based on the assumption that a recession won’t occur, officials said during the railroad’s first-quarter 2023 earnings call Thursday.
Mainstream tankers have moved into the Russian crude export trade. The price cap might push them back out again.
FreightWaves’ ‘State of Freight’ webinar suggests the freight market could remain flat for most of 2023.
DHL Express is ordering nine passenger-to-freighter conversion aircraft to modernize its large fleet.
Inside the WHAT THE TRUCK?!? Newsletter: Have truckload markets found the floor; taking a semi to prom; 420 for truck; and more.
Biden’s labor secretary pick says she’s ready to step in if West Coast dockworkers and their employers cannot resolve their remaining issues.
Volvo Group reported record sales and deliveries in the first quarter, projecting a positive note as the first truck manufacturer to release financials.
Lineage Logistics has opened a facility in Georgia designed to ease chokepoints for imports of produce at mid-Atlantic ports.
Trucking companies should include better legal care options for drivers.
Link Logistics’ customers will be able to do a better job of managing energy consumption under a collaboration with Carrier Global Corp., the companies said.
A large European pulp and paper company issued a profit warning as “the whole packaging market is currently weakening.”
Deregulating trucking made modern supply chains achievable — but it also carved out one of America’s essential blue-collar professions.
XPO fills vacant chief operating officer role with an Old Dominion veteran.
Air cargo professionals hope demand has hit bottom and will start to improve soon, but there could be further downside if some barometers are true.
Executive Director Mario Cordero says the Port of Long Beach is “ready for a rebound in retail.”
A case involving the theft of expensive freight may have led to a legal precedent benefiting brokerage liability.
A page from American Shipper’s archives exhibits how shippers felt in 1978 through an eye-catching speech.
In the most recent year of fully available data — 2020 — only 21 states improved the conditions of their roads and bridges, according to Reason Foundation.
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BNSF is conducting further analysis on a piece of fractured rail from the March derailment of a BNSF train in Minnesota, according to an initial investigation report from the National Transportation Safety Board.
SC Ports’ Inland Port Dillon handled record rail moves in March, although volumes for the port authority overall were down year over year.
There is a lot more competition waiting to take a UPS parcel if workers go on strike, consultant Satish Jindel says.
Propane haulers were unable to convince federal officials that a work-rule exemption could be provided without boosting crash risks.
Federal regulators are rolling out a rule proposal as a first step to potential new and costly requirements aimed at reducing truck crash fatalities.
Truckload carrier Marten had a first quarter in which it drove more miles than last year but made less money.
United Airlines posted a quarterly loss and said cargo sales fell more than a third from a year ago, but was optimistic about strong travel demand the remainder of the year.
Nikola Corp.’s hopes for a zero-emissions trucking future may be realized without the startup being part of it.
At its core, Bitfreighter is an integration enablement platform. The company’s driving principle is to make integrations affordable and accessible by stepping away from the transactional pricing model and offering unlimited everything.
“We are starting to see ocean carriers systematically take geopolitical risk into consideration,” says Xeneta’s Erik Devetak.
Logistics real estate operator Prologis believes headwinds facing the supply side will prop up occupancy and rents into 2024.
NFI Industries has acquired warehousing and fulfillment provider SDR Distribution Services in Canada.
Trammell Crow and CBRE Investment Management have acquired 192 acres in Arizona and are seeking companies interested in developing facilities on their rail-served site.
Warehouse operator Prologis reported first-quarter results in line with expectations Tuesday.
As negotiations get underway between UPS and the Teamsters, here are key considerations for shippers navigating a period of uncertainty.
FedEx celebrates its golden anniversary of operations with its most intense few years in decades ahead of it.
J.B. Hunt missed first-quarter expectations Monday as weak intermodal and trucking trends plagued the quarter.
Jefferies’ Omar Nokta believes container shipping investors are starting to look toward “the end of the destock and beginning of the restock.”
The benchmark used for most diesel surcharges rose for the first time in 10 weeks, but the market is not otherwise looking strong.
J.B. Hunt Transport Services missed analyst expectations for the first quarter on Monday.
As their populations grow, Class 8 electric trucks are proving as susceptible to safety recalls as diesel-powered units.
Israel Aerospace Industries has added a second overseas facility to carry out passenger-to-freighter conversions of the Boeing 777-300.
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An industry trade group advisory questioning the safety of wheel sets manufactured by National Steel Car has been canceled, National Steel Car said.
TA expects to be bought by BP next month, but spurned suitor Arko is continuing to hone its offer for the truck stop giant.
Shipco Transport pairs strong company values with deep expertise and broad coverage to deliver concrete results to its forwarder customers.
A Daimler Truck recall of Western Star models for a windshield wiper defect has grown from a few hundred to more than 54,000.
Navistar is recalling about 45,000 older trucks because insufficient current to the HVAC blower motor led to melting and fires.
The Teamsters meet with UPS on Monday in Washington to discuss progress on supplemental agreements as main negotiations begin.
AskWaves: Can landlords look beyond the money and understand what warehouse workers want?
This week in Borderlands: Production and exports of Mexican-built cargo trucks soared in March; Walmart is closing a logistics facility in Fort Worth, Texas; Target announced three distribution centers in Texas; and Maersk opened a global service center in Mexico City.
Southern California markets were flush with transportation activity during the pandemic. That has eroded and then some. This has not only left transportation networks exposed operationally but also created pricing gaps.
The FedEx pilots’ union is asking members to vote on a strike authorization for possible later use.
Transportation shipments and rates back up during March, according to Cass Information Systems.
Predictive maintenance analytics for autonomous trucks could provide a reverse benefit for human-driven trucks.
In 2022, 4,000 fulfillment centers were added to the global building stock. Interact Analysis forecasts that number to be cut in half this year.
Today, automation can mean launching a fleet of autonomous robots that can unload shipping containers without human intervention. In 1974, a remote-controlled “bow boat” was considered a major launch.
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Splitting ammonia to get hydrogen is the approach of Amogy, another startup seeking success in the transportation energy transition.
Canadian Pacific Kansas City, or CPKC, marked its first day as the merged company of CP and KCS on Friday.
Commercial operations at a Texas border bridge have been suspended temporarily as U.S. border agents assist with migrant processing.
A large European paperboard and pulp producer warns of deteriorating demand in another sign of intensifying global economic weakness.
Small-package shippers should consider stepping outside the norm to modernize their logistics strategy by evaluating alternative carriers.
Financially struggling Nikola Corp. wants shareholders to double the company’s authorized shares so it can pay its loans in stock.
Artificial intelligence, not magic, allows Merlin to operate small aircraft without a human pilot.
More Western tankers are jumping into the Russian trade — legally, under the price cap — to pocket big freight premiums.
Rail service for chemical and agricultural shippers has gotten better, but further improvements could be made, according to two reports.
Delta Air Lines made less money from cargo during the first quarter than a year ago — or any quarter in between. Similar results are expected when other airlines report results.
The awards are among the most competitive for business-to-business media. FreightWaves is now contending for three national Azbees.
Teamsters General President Sean M. O’Brien charges UPS with foot-dragging; UPS says regional supplements and the national contract are often negotiated at the same time.
The latest episode of Tracks Through Time looks at the disappearance of a giant British merchant ship and the long investigation.
Driverless trucks have special needs that only humans can perform at terminals where they will drop and hook loads.
WorkforceQA’s Grady Phillips joined Taking the Hire Road to discuss truck driver qualification.
Tesla this week delivered a fleet of Semi trucks to PepsiCo, which said the all-electric Class 8 vehicles will be used for local and long-distance deliveries.
Many industries are enjoying high profits from historic inflation. The furniture industry isn’t one of them. Thank the supply chain crisis.
Triton International entered an agreement to be acquired for $13.3 billion by Brookfield Infrastructure Partners.
Four former executives at Polar Air Cargo were indicted on charges of defrauding the company through an elaborate kickback scheme.
Food price inflation is outstripping Albertsons’ sales growth. It’s another challenge for the grocer that’s looking to merge with Kroger.
Crash data for carriers entering the industry before the pandemic suggests a gradual deterioration in safety, according to a sample of federal data.