News

Two top executives at Altas Air are retiring in their 50s. The cargo airline named Michael Steen as its CEO.

Reduced North American rail traffic isn’t dampening the outlook for these rail equipment manufacturers and rail car lessors.

Wait times of eight hours are being blamed on state-run inspections of commercial trucks arriving from Mexico in South Texas.

“Once shippers get up and running on GoodShip, they invite their carriers onto the platform. This creates a multiplayer experience where each party has access to modern analytics, creating a single source of truth,” says CEO Ryan Soskin.

Neste technical manager joins Drilling Deep to discuss the ways renewable diesel is beneficial both inside and outside of the transportation industry.

Inventory destocking is the biggest container shipping headwind, says Maersk. Its data shows no evidence of inventory pressures alleviating yet.

Privately held logistics provider Flexport is acquiring the logistics assets of Shopify to provide complete order management and final-mile delivery services for customers.

Werner Enterprises reported first quarter revenue of $832.7 million, up 9% year over year compared to the same period last year.

Less-than-truckload carrier Yellow Corp. recorded a net loss during the first quarter as it attempts to overhaul its network.

Oklahoma Congressman Josh Brecheen calls FMCSA’s speed limiter proposal an “overreach” and introduces legislation aimed at heading it off.

Quarterly earnings at stand-alone brokerage RXO were healthy compared to the performance of most companies in the freight sector.

In the wake of the East Palestine train derailment, Congress is poised to take action to improve rail safety. Here’s how they can do it.

Union Pacific, BNSF and Norfolk Southern need to go further in improving rail service, according to a Surface Transportation Board decision requiring the railroads to submit service performance reports.

In 1975, two identical ore/bulk/oil (O/B/O) ships underwent efficiency experiments. During one of these experiments, a new propeller concept broke midjourney, but the ship continued its duty with no changes in performance and the crew had no idea until it reached its destination.

Korean Air and Lufthansa Cargo saw cargo revenues shrink substantially during the first quarter amid weak economic conditions.

Only UPS and Teamster rivals benefit when the bargaining leaves the table and becomes a verbal war, Jindel says.

Now on demand on WHAT THE TRUCK?!? Dooner is talking to NASA’s Dave Richwine, FreightWaves’ Rachel Premack and Justin Martin

Tech solutions firm Trimble reported $154.9 million in first-quarter transportation revenue amid a softening freight market.

Deutsche Post DHL sets full-year guidance based on three macroeconomic scenarios.

Once dismissed as a far-off technology, hydrogen fuel cells and infrastructure are getting buzz at the Advanced Clean Transportation Expo.

Surge Transportation’s Omar Singh discusses the value of offering a robust system of partnerships and offerings outside of the core business model.

The softer markets in air and ocean freight are directly visible in Expeditors’ first-quarter earnings.

Canadian air cargo company Cargojet is searching under every rock for savings to maintain profit levels as shipping demand deteriorates.

Maritime and logistics services company Crowley and Canadian railway CN have joined in a new service that will connect Canada, the Midwest and the Gulf Coast of Mexico.

The price of crude oil is now lower than it was when OPEC announced its latest cuts, fueling more concern on tanker demand.

Truck manufacturers told EPA that a zero-emission mandate without charging infrastructure to support it would fundamentally change trucking.

The Freightliner Class 6 battery-electric eM2 will go into production this fall with plans for a range of vocational models to follow.

Supply chain software provider e2open gave a bleak outlook in its earnings. Its stock took a pounding in response.

U.S. truck engine maker Cummins on Tuesday reported first-quarter revenue of $8.5 billion, boosted by strong global demand for its products.

Forward Air noted some optimism in its lowered outlook on Tuesday, saying recent customer conversations have been promising.

Further downside risks to the U.S. economy make the odds of a rebound in containerized import volumes unlikely.

Packaging industry volumes remain historically weak in Q1, with destocking a recurring theme; when will it end?

The Logistics Managers’ Index hit a new low in April as transportation metrics weighed on the data set.

Uber Freight, Convoy and J.B. Hunt formed the Scheduling Standards Consortium in December to standardize trade data and synthesize scheduling technology.

California-based Zipline just raised $330 million at a $4.2 billion valuation — greater than any U.S. drone company or any drone delivery company globally.

Uber Freight suffered along with the general freight market downturn and saw its first-quarter EBITDA sink yet again.

Two of the world’s largest third-party logistics providers consider the glass half-full despite a substantial drop in profits.

Electric truck maker Nikola will get 50 Hyla-branded hydrogen fueling stations in a five-year deal with infrastructure developer Voltera.

Kodiak Robotics bought a Peterbilt Model 579EV to marry its autonomous system with electric propulsion. It is using the truck in testing.

The weekly DOE/EIA diesel price benchmark is almost at the sub-$4 mark, where it has not been since February 2022.

Company also announces another round of driver furloughs.

Trucking industry representatives and others have been tasked with evaluating unfair leasing practices by carriers against owner-operators.

TFI International bolsters its North American LTL presence with two tuck-in acquisitions.

Kodiak has taken big steps along its commercialization journey with new carrier partnerships and advancements in its self-driving trucking technology.

Arizona, Texas and other states aim to reconfigure the global supply chain for makers of electric vehicles, batteries and semiconductors.

At least six people are dead and dozens more injured after a dust storm caused several pileups on Interstate 55 in Illinois on Monday.

DAT’s breach-of-contract claim against Convoy will also proceed.

Ryder’s brokerage segment has rolled out a new loyalty program that gives its most active carriers reductions on the price of used vehicles.

Bed Bath & Beyond got pummeled by the supply chain crisis. The company is now targeting shipping lines for allegedly compounding its woes.

Carriers and drivers will not be able to take advantage of a new drug testing rule due to a lack of certified testing facilities.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by FMC Commissioner Carl Bentzel; Erik Huberman; Bill Hale; Paul Howard

Etihad Airways in Abu Dhabi and SF Airlines in China are helping each other expand globally by providing ground services for the other at their main freighter hubs.

FreightWaves is giving free access to integrated SONAR data for a limited time in applications that brokers, carriers and shippers use every day.

Canadian trucking and logistics provider Mullen Group announced the acquisition of less-than-truckload and truckload carrier B. & R. Eckel’s Transport.

Union members working for CSX and CN said they have ratified labor agreements with their employers.

The epicenter for electric trucks in Southern California is so far a small part of the massive Velocity Truck Centers.

FreightWaves discussed with Railroad Workers United organizer Ron Kaminkow what craft union employees need from the railroads to improve morale.

This week Borderlands: Nearshoring draws more U.S. logistics investment to Mexico; Volkswagen issues temporary work stoppage at plant in Mexico; commercial auto supplier TitanX expands Mexican factory; and a truck driver in Texas dies in a collision with a freight train.

After over a year of declining volumes and rates, trucking spot rates have leveled and demand has just witnessed an unseasonable jump.

Truckload carrier Heartland Express missed first-quarter expectations.

The Europe-U.S. trade held up a lot longer than the Asia-U.S. trade, but trans-Atlantic premiums are now fading away.

Norfolk Southern and SMART-TD, the union group representing train conductors that work at NS, have reached a tentative agreement that addresses scheduling issues and sick leave.

California’s environmental regulators have adopted the Advanced Clean Fleet rule designed to transition away from diesel vehicles in the state.

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.