News

Transport Canada is funneling millions of dollars to expand grain-handling facilities at the Port of Montreal.

Expertise is key to navigating cargo insurance, security and customs issues in Mexico.

A Virginia engineer was sentenced to seven years and six months in federal prison for his role in an investment fraud scheme that bilked investors out of over $15.6 million after purporting that he had lucrative engineering inspection contracts for federal and state government infrastructure projects.

Now on demand on A Very WHAT THE TRUCK?!? Halloween Dooner is joined by Aaron Rubin; Mar Filippi; Evan Shelley; Eric Furtado

Less-than-truckload carrier XPO beat third-quarter expectations and outlined a plan for outsize yield and margin growth.

The builder of autoracks, intermodal stack cars and other railcars turned in a strong finish to fiscal 2024 despite challenges in the North American market.

In the quest for sustainability, the transportation sector stands as one of the most significant arenas for change.

CSX launched double-stack service to and from the Helen Delich Bentley Port of Baltimore on Monday thanks to clearance projects that have been completed north of the Howard Street Tunnel.

A federally authorized study on driver retention finds turnover results from trucking companies’ economically driven policies.

XPO beats third-quarter expectations, reporting 200 basis points of margin improvement in its less-than-truckload unit.

Safety and cost implications for trucking weigh heavily on three rulemakings that could see action next year.

Truckload carrier Heartland Express reported another loss in the third quarter and said cost cutting alone won’t return it to profitability.

Werner CEO Derek Leathers delivered a surprisingly positive outlook for the trucking market.

Truck broker Landstar System said Tuesday it expects no material lift in the freight market for the remainder of 2024.

A total of 122 projects in 41 states and the District of Columbia have been named recipients in the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant program.

Werner Enterprises’ third-quarter operating ratio deteriorated by 320 basis points.

International container volume gains more than doubled domestic traffic in the third quarter, according to the Intermodal Association of North America.

Freight broker Landstar System missed third-quarter expectations Tuesday after the market closed and issued fourth-quarter guidance that was also light of consensus.

Lufthansa’s cargo division recorded modest profit growth in the third quarter and this week launched a trans-Pacific freighter service.

Los Angeles, New York and Virginia ports alone net over $1 billion from EPA to cut pollution.

Researchers at Trace One recently published an analysis monitoring changes in food imports over time, the amount of food imported compared to total consumption, top trading partners and top food items imported for each state.

The ONE vessel alliance plans to add a new East Asia string to the Port of Jacksonville’s modernized SSA Jacksonville Container Terminal.

In this edition: Breaking down how scary freight makes its way to consumers, and the Savannah port rises to the top.

Moran Transportation announced it has acquired fellow less-than-truckload transportation provider RMX Freight Systems.

As FreightVana CTO Don Everhart moves into his new role at Transflo, he answers FreightWaves’ questions on hot FreightTech topics.

Overall volume helped maritime terminals of the Georgia Ports Authority to their second-busiest September on record.

EFW, a company that specializes in passenger-to-freighter conversions, is shutting down its U.S. assembly plants because of shortages in skilled labor and other problems that have delayed delivery of large aircraft to Amazon.

The benchmark diesel price used for most fuel surcharges rose though the broader futures market fell.

A federal bankruptcy judge overseeing Yellow Corp.’s liquidation has corrected a mistake in an earlier opinion, which could significantly alter how much Yellow owes to pension funds.

Canada’s second-busiest port is bracing for another protest by 1,200 longshore employees who have been refusing overtime work since Oct. 10.

Ports in Houston and Corpus Christi posted modest gains in freight movements during September, while the Port of New Orleans saw mixed results.

Interstate traffic in North Carolina and Tennessee is still dealing with the fallout from Hurricane Helene.

Despite a first-half lull in domestic network demand for logistics services, the world’s largest forwarder saw overall volume growth in the third quarter.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Garrett Steenblik; Kyle Taylor; Dan de Varona

BNSF Railway and the International Brotherhood of Electrical Workers have reached a tentative agreement on a five-year contract, while the National Conference of Firemen and Oilers has ratified its agreement with the railroad.

Zim Integrated Shipping Services is restructuring its Cross-Atlantic services connecting Mediterranean ports with North and South America.

Tender volumes declined over the week, but tender rejections and spot rates found a little positive momentum over the past week.

This week in Borderlands: Truck driver salaries in Mexico averaging $423 a month in 2024; Horizon Auto Logistics opens office in Veracruz, Mexico; LG Electronics opens $60M plant in Central Mexico; and Texas bridge project receives $80 million in federal funding.

Truckload contract rates are starting to move higher in an environment where they have every reason to continue to fall.

A shuttered Illinois-based trucking company that once hauled general freight, liquids and gases, beverages and paper products recently filed for Chapter 7.

Russia conveyed Iranian data to help Houthi rebels in Yemen attack commercial shipping in the Red Sea.

Fleet managers are turning to new AI-driven Drowsiness Detection technology, which shows that 77% of drowsy driving events are detected by behaviors other than yawning alone.

The organization’s new admitted trucking program is representative of TIE’s dedication to bringing more capacity to the underserved trucking insurance landscape.

Universal Logistics Holdings officials said they expect operating revenues of $1.8 billion to $1.9 billion in 2025.

Grace Ocean and Synergy Marine have settled with the U.S. government but still face civil lawsuits resulting from a deadly container ship accident that brought down Baltimore’s Francis Scott Key Bridge.

Virgin Atlantic is adding its shortest route, but the flights will only haul freight. On Friday, the carrier announced service between London Heathrow and Brussels.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Danny Ramon; Lewie Pugh

Less-than-truckload carrier Saia saw a modest backup in financial results during the third quarter but reasserted confidence that it’s on the right path with its terminal growth strategy.

Hurricanes, cargo theft, double brokering, and accidents all can negatively impact insurance rates.

East Coast ocean carriers and terminal operators will resume bargaining with the International Longshoremen’s Association on a new contract in November.

German transportation provider Hapag-Lloyd reported preliminary nine-month profits and raised its full-year forecast as vessel diversions pushed up shipping rates.

As the industry continues to evolve, choosing the right fleet management software can prove daunting.

A new study projecting adoption of hydrogen internal combustion engines over the next decade suggests modest adoption.

Pam Transportation said even though its third quarter was bookended by soft demand, it saw sequential improvement in operating trends.

Funding from FEMA will help protect operations and infrastructure at the second-busiest U.S. container hub.

Less-than-truckload carrier Saia’s less favorable freight mix and higher cost structure from a terminal expansion weighed on its third quarter.

DHL is signing up for hydrogen trucks to be used in Illinois.

Universal Logistics Holdings’ third-quarter financial results show year-over-year decreases in its trucking, brokerage and intermodal segments.

Inside this week’s WHAT THE TRUCK?!? newsletter: Cucumber shortages; is 2026 the year of EVs in trucking; worst places for traffic according to truckers

In the first episode of the new Bring It Home podcast, co-hosts Craig Fuller and JP Hampstead speak with Dunavant Enterprises CEO Bill Dunavant about the future of Memphis Tennessee as “America’s supply chain capital.”

UPS’s financial performance bounced back in the third quarter, but it flagged macroeconomic weakness and in-store shopping as potential headwinds for fourth-quarter volumes.

An arbitrator has been appointed to oversee contract negotiations between Canadian Pacific Kansas City and the Teamsters Canada Rail Conference.

Covenant Logistics Group reports truckload revenue of $198 million in the third-quarter, despite a soft freight market.

Ryder has been pushing to rely less on vehicle leasing, and it’s getting there. 

The linear model of traditional supply chains is no longer adequate for modern freight thanks to e-commerce and different fulfillment methods. The dynamic nature of today’s supply chain requires unified planning.

ATA economist Bob Costello cites macroeconomic “return to normalcy” as a promising sign for trucking amid stagflation and private fleet growth.

Union workers voted Wednesday to reject the latest employment contract offer from Boeing.

Knight-Swift Transportation beat third-quarter expectations and provided some positive anecdotes around recent demand and pricing trends.

CN and the Teamsters Canada Rail Conference have scheduled mediation for early 2025 as the sides move closer to a new collective bargaining agreement.

U.S. weekly rail traffic showed a modest gain for the week ending Oct. 19, 2024.

Union Pacific Corp. in the third quarter saw double-digit gains for income and earnings on modest carload volume improvement and lower fuel prices.

Canadian Pacific Kansas City’s third-quarter profits and revenue increased despite the impact of the four-day work stoppage in Canada, the railway reported on Wednesday.

Here’s a first look at Ryder’s third quarter earnings.

A New Jersey supply chain company is making its workforce more inclusive by partnering with a local nonprofit to train people who have autism, providing them skills to become competitive job candidates.

Tesla plans to ramp up full production of its all-electric Class 8 Semi truck in 2026.

October’s SONAR webinar looked at key factors in earning the Shipper of Choice distinction.

Covenant Logistics Group reported 2% quarterly growth in freight revenue, “despite the prolonged general freight market down cycle,” Chairman and CEO David R. Parker said.

Knight-Swift Transportation beat the third-quarter consensus estimate but provided a mixed earnings outlook for the next two quarters.

CPKC saw single-digit gains in freight volumes in the third quarter, but the operating ratio climbed as a brief lockout of union employees hit network operations.

Continued weakness in freight demand weighed on Old Dominion’s third quarter, but the less-than-truckload carrier said current sequential trends are the best in two-and-a-half years.

Supply chain software provider Manhattan Associates says it is taking longer to close deals.

Learn insights from an MHC dealer and Kenworth OEM on why heavy-duty fleets should consider RNG a priority in their decarbonization strategy.

A Greek-owned freighter capsized and sank after being hit by a bulk carrier in Senegal’s port of Dakar.

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Nick Souza; Ashley Hammonds

The Boeing Co. on Wednesday reported a loss in revenues of over $6 billion in the third quarter.

Latest The Stockout show explores sock puppets This is how RFK Jr. sees U.S. food regulators. (Image: FWTV) On Monday’s The Stockout show, which focuses on topics relevant to shippers […]

The second-busiest U.S. container gateway moved record levels of cargo in September and in the third quarter on diversions ahead of an East Coast work stoppage and continued demand for holiday merchandise.

Strong third-quarter volumes have the world’s second-largest ocean container line upgrading its forecast for higher full-year returns.

CSX Transportation has reached new tentative five-year deals with the International Brotherhood of Electrical Workers and the National Conference of Firemen & Oilers. The railroad also announced ratification of an agreement with yardmasters represented by the International Association of Sheet Metal, Air, Rail, and Transportation Workers-Transportation Division.

Old Dominion Freight Line’s third-quarter came in slightly ahead of analysts’ lowered expectations, but its volume trends remained soft.

An early peak shipping season, strong economy and resilient consumer spending boosted container volume to a record quarter at the Port of Los Angeles.

Canadian National Railway posted third-quarter revenue slightly better than a year ago as operations appeared fully recovered from destructive wildfires and a labor dispute that briefly shut down the railroad.

This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform. October’s session includes an overview of recent disruptive impacts to the […]

TFI CEO Bedard said on an analyst call that he wasn’t sorry the company bought UPS Freight, but he was plainspoken about its issues.

A record number of port calls by container ships presages higher forecast growth for the sector, according to a U.N. report.

DHL Express says a new aircraft maintenance hangar and extra parking positions now under construction will minimize the amount of time aircraft are out of service and increase capacity at its U.S. superhub near Cincinnati.

In this edition: Breaking down talent research findings, and the Port of LA looks to set a new record.