The freight market downturn is a year old. When will the market turn around?
It has been a year since I wrote “Why I believe a freight recession is imminent.”
Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
It has been a year since I wrote “Why I believe a freight recession is imminent.”
Electricity generated from renewable sources outpaced coal-fired power generation for the first time last year, according to the U.S. Energy Information Administration.
Young’ Ed Burns has succeeded his father as CEO at Burns Logistics as the elder becomes chief relationship officer.
Chinese automaker Jetour announces $3B electric vehicle assembly plant in Mexico.
Air France-KLM and French all-cargo carrier CMA CGM Air Cargo are combining forces to attract customers and better utilize their assets.
A plan to convert the Howard Terminal at the Port of Oakland to a baseball stadium has moved forward, but the project’s fate is far from certain.
The Federal Railroad Administration is taking action on a proposed rule that would provide hazmat train crews with safety equipment that would protect them from breathing in hazardous fumes in the event of an accident.
Chattanooga, Tennessee-based nonprofit Company Lab (CO.LAB) is hosting its first CO.MOBILITY Summit in May with a keynote from AOL co-founder Steve Case.
Trimble’s U.S. strengths have been combined with Transporeon’s overseas presence through a $1.98 billion acquisition.
The White House is reviewing a proposal setting mandatory hair-test guidelines that would be used to screen truck drivers for illegal drugs.
Aurora Innovation says being “feature complete” on its autonomous truck software puts it on target for driverless runs in 2024.
TravelCenters of America has again rejected a takeover bid by convenience store operator Arko and plans to sell itself to BP.
Interstate Health’s CEO explains how addressing the needs of both truckers and travelers can make a highway care network work.
The partnership between both companies will help companies that might need to comply with additional safety regulations down the road, the head of IntelliTrans told FreightWaves.
This week in Borderlands: RXO invests $30 million and expands its logistics operations in South Texas; the Mexican state of Nuevo Leon is investing $22 million to expand a border bridge; Packwell is set to build a resin logistics center at Port Houston; and RK Logistics Group opens a Texas distribution center.
Upstream and historic values are predicting another strong deterioration in truckload spot rates in April. How seriously should we take this?
AskWaves checks in on AAPA’s port industry panel for its take on ocean shipping’s short-term prospects.
Surging costs after Russia’s invasion of Ukraine could be a taste of things to come as shipping transitions to more expensive “green” fuels.
The EPA granted California a waiver to implement its Advanced Clean Trucks rule, which puts zero-emission-vehicle mandates on OEMs.
There will be a lot of parcels to deliver if the Teamsters go on strike against UPS, but the Postal Service has proved its mettle before.
The Department of Justice, on behalf of the Environmental Protection Agency, has filed a lawsuit against NS to ensure the railroad pays for the cleanup at the site of the Feb. 3 Ohio train derailment.
Now ondemand it’s WHAT THE TRUCK?!? live from MATS where Dooner and SuperTrucker take you inside the event
Transportation infrastructure across the U.S. is woefully underprepared to support manufacturers, retailers and logistics companies in navigating the new consumer landscape.
Most sectors, especially retail, are experiencing weakened demand and falling volumes. This is not the case for the automotive industry.
Despite seeing slight seasonal growth, truckload markets are showing a continued soft patch.
Freighter operator Amerijet is moving back-office functions from Miami to Trinidad and Tobago.
TuSimple plans driverless trucking on a commercial basis in Arizona next year – without a manufacturing partner.
Lufthansa promoted its top marketing executive to head the cargo subsidiary one week after moving the CEO to another group airline.
“Our growth and potential were being hindered by manual processes and limited visibility into workflows,” US Cargo Brokers founder Adam Konopko said. “After adopting Ditat’s TMS, US Cargo experienced a complete transformation.”
Nikola Corp. wants to raise $100 million through a public stock offering. Dilution-fearing investors drove shares to an all-time low.
Yellow Corp. calls out Teamsters union officials for negotiating in bad faith and says it has the votes to push through its proposed operational changes.
The suit by the California Trucking Association and OOIDA against California’s AB5 independent contractor law will add an argument that succeeded elsewhere.
Settling multiple distractions surrounding TuSimple was Cheng Lu’s priority when he returned as CEO in November.
Regional parcel carrier GLS looks to build a detailed pricing matrix for short-haul deliveries.
The Next Generation in Trucking Association is creating awareness among young people about opportunities in trucking.
toB wants to capture more of the fleet card market by focusing on trucking fleets, owner-operators, last-mile operators and auto rental companies.
Does your business distinguish the difference between policy and guidance? Reliance Partners’ Brian Runnels explains why it should.
Four rail cars caught fire when a BNSF train 100 miles northwest of Minneapolis derailed early Thursday morning. The incident spurred an evacuation of area residents within a half-mile of the scene.
The Natural Resources Defense Council wants the Pipeline and Hazardous Materials Safety Association to prohibit the transport of LNG by rail unless a company receives a special permit.
Industry insiders are accusing some ELD vendors of exploiting flaws in the Federal Motor Carrier Safety Administration’s technical specifications to let trucking companies and their drivers skirt hours-of-service rules.
In the latest back-and-forth between Arko and TA, Arko cites a specific financing amount it can obtain, arguing its bid to acquire the truck stop operator is superior to BP’s.
The lineup of shipping stocks is in flux. There are multiple new listings as well as notable departures.
It’s been three months since TuSimple fired a quarter of its workforce. Three of those who survived the cuts talked with FreightWaves.
A bicameral effort to expand parking for truckers builds on progress made in the previous session of Congress.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Zeem Solutions Don Peer; Daily Harvest’s Wesley Williams; Lombard Trucking’s Mike Lombard and SuperTrucker
The California Air Resources Board is welcoming comments on its proposed Advanced Clean Fleet rule, which would move up the ZEV mandate from 2040 to 2036.
Rail car manufacturer FreightCar America is eyeing opportunities to manufacture tank cars that would carry nonflammable materials should its competitors be busy manufacturing DOT-117 tank cars.
Leaf Logistics offers a guide to address the root causes of freight market volatility through coordination to plan, schedule and move freight with more certainty.
Most of the time, March brings some reprieve from the post-holiday demand slump. This year, consumers appear to be less apt to resume their normal spending habits.
Federal guidance from 2019 suggested driverless trucks could skip electronic logging devices. Will that hold up?
The NTSB found that an exemption allowing drivers potentially to use “unlimited” work hours was partially to blame for a 2021 truck crash that killed four people.
At the market What’s going on here? It seems every week some company is laying off more and more of its staff. Last week, Walmart announced layoffs of 200 people, […]
Members of Congress discussed container carriers’ antitrust exemption, along with how to implement the Ocean Shipping Reform Act, on Tuesday.
One analyst says there’s no reason for FedEx to be aggressive at this time. Another says the current pricing push is visible but it’s limited.
Even with multiple investigations to close, TuSimple has three years worth of money to run its autonomous trucking business.
Carrier revenues hit an all-time high in 2022, according to an annual Pitney Bowes study.
Trucking’s top safety enforcer is considering changes to work rule recording devices with the goal of making them easier to use.
The XPO contract logistics spinoff GXO is expanding its shared warehousing solution globally, starting with the European market.
Are you Roadcheck ready? If not, now is the time to prepare. Tom Bray, J. J. Keller & Associates, Inc. senior business advisor, shares best practices.
TravelCenters of America has again rejected a bid by convenience store operator Arko, which revealed itself as the late bidder competing with BP.
For railroads to increase market share and grow volume, it will require new services and a very different mentality on service performance.
Working in a co-warehousing environment is the next opportunity for merchants to hit customer targets while keeping warehouse and distribution costs under control, an expert says.
“[Navix] understands their customers’ problems, the value proposition and how to apply the technology to solve them,” said Rob Estes, chairman and CEO of Estes Express Lines.
Radiant Logistics said Monday it has completed a financial restatement process that resulted in very minor changes.
Nikola Chief Financial Officer Kim Brady retires as electric truck maker’s financials deteriorate and stock price hovers near all-time low.
The benchmark price used for most diesel surcharges moved down for the eighth consecutive week.
Delta Air Lines is putting more resources into temperature-controlled cargo services because they pay off.
A fifth of U.S. containerized imports come from Europe. Shipping on this route remains much more expensive than it used to be.
Convenience store chain Arko has been identified as the previously unknown bidder for TravelCenters of America.
Pitney Bowes maintains it does not look to compete at scale with FedEx and UPS as alleged by Hestia Capital Partners.
The health of the consumer is the engine that drives trade and profits. To gain insight into this, you need to look at the logistics pipeline.
On demand on WHAT THE TRUCK?!? Dooner is joined by ArcBest, HDVI, FreightWaves and Everything Is Logistics.
The Teamsters union fires another shot at Yellow Corp. in a battle over proposed changes to operations.
The ELD mandate put more pressure on truck drivers’ workdays and may have pushed its most-tenured employees out.
Union Pacific will hold off on plans to redeploy the train conductor from the locomotive cab to grounds-based work, according to a tentative agreement between UP and SMART-TD.
Valoroo’s CEO gives five insightful ways for industry leaders to continue to scale even through a market downturn.
Echo Global Logistics has held true to the same goal since its inception almost 20 years ago: Make transportation management simpler.
Milwaukee airport wants to redevelop a former Air Force reserve base into an air cargo hub. Officials believe they can capture some shipments from Chicago O’Hare airport.
Truck broker lobby group asserts FMCSA is being negligent on safety while entertaining private contract issues that should be decided in the marketplace.
AskWaves takes a look at the trade group that sets freight classifications for the less-than-truckload industry and where it’s headed.
This week in Borderlands: Mexico recorded 237 cargo thefts the first two months of 2023; Port of Lazaro Cardenas will receive a $322 million investment; Penske Logistics is laying off 152 workers in Fort Worth; and a Texas contract manufacturer expands its logistics facility and trucking fleet.
AskWaves looks at some of the stranger loads drivers have had to transport over the road.
Norfolk Southern and SMART-TD are tabling discussions about how to handle conductor redeployments as congressional lawmakers want more information about what rail safety initiatives should become law.
Now on demand on WTT: Former Bear current brokerage founder Desmond Clark; Covenant’s Matt McLelland; FreightWaves Tony Mulvey
Production of palm oil, a common CPG ingredient, is associated with deforestation and human rights abuses.
The gap between current levels of freight demand and those of 2019 is narrowing, casting doubt on the market’s ability to sustain growth.
A Miami-based trucking company and freight brokerage, which also owns a CDL training school, filed for Chapter 11 bankruptcy protection.
FedEx will exit a maintenance facility at LAX and send the work to its Indianapolis hub to increase efficiency.
Consumers are buying food instead of “stuff.”
The Teamsters union said Thursday it has rejected less-than-truckload carrier Yellow Corp.’s plan to restructure operations at more than 200 terminals.
Container shipping just experienced a record boom. Some believe crude and product tankers are poised to follow suit.
Transportation secretary takes on lawmakers’ concerns on truck and rail issues while defending his department’s $145 billion fiscal year 2024 budget request.
Acrisure EVP Brian Fielkow joins Taking the Hire Road to discuss the importance of focusing on operational excellence to drive safe results.
Federal investigators in California recently ordered two separate logistics operators to pay more than $1 million in back wages to Mexico-based warehouse workers.