News

In a first-quarter earnings preview, Deutsche Bank analyst Amit Mehrotra said he expects an in-line type quarter but voiced some concerns.

“To get ahead of the curve on stringent climate disclosure requirements proposed by the SEC and [the ISSB], shippers need to transition from manual data gathering and estimations of their scope 3 carbon footprint to tools that efficiently and accurately provide emissions reports in real time,” said Convoy Corporate Sustainability Analyst Kiana van Waes.

CSX makes changes to its operational team and beefs up its industrial development program, while Norfolk Southern reaches another sick leave agreement with a union. Also, RailState names a former BNSF executive to its advisory board.

Shipping line Maersk has unveiled the latest expansion of its cargo airline with a new Eurasia route.

Atlassys TMS, a Georgia-based transportation management system provider, has announced it has integrated FreightWaves TRAC truckload spot rates into its software.  The integration, which is now live and available to […]

Flexport projects trans-Pacific contract rates will decline around 70% from 2022 levels but still be around 30% above current spot rates.

This week in Borderlands: Truck driver salaries in Mexico averaged $4,400 in 2023; Phillips Industries opens a new plant in Mexico; Arcadia Cold Storage firm eyes Southwest distribution market; and Fr8Tech launches freight matching for LTL services in Mexico.

Abundant land, population growth and access to reasonably priced labor are just several factors that make the Dallas/Fort Worth market different from the rest, says David Eseke of Cushman & Wakefield.

A law firm specializing in stockholder rights wants Norfolk Southern investors to join a class-action lawsuit over precision scheduled railroading. The firm says certain PSR practices compromised safety and depressed NS stock prices.

Two congressional representatives from Ohio have introduced a rail safety bill that they say would build off of NTSB’s findings into the cause of the Feb. 3 derailment of a Norfolk Southern train.

Historic rainfall has flooded key agricultural areas of California. Farmers there say the deluge has delayed their planting and harvesting — and even sparked disease in some crops. 

Federal regulators have codified provisions of the Ocean Shipping Reform Act that may extract more compensation from ocean carriers for rule violations.

U.S. importers have forsaken their traditional gateway in Southern California. Many may be gone for good.

One key trucking demand metric has been in decline for seven straight months, and more cuts in federal benefits could further challenge volumes. 

A leading environmental organization comes to CERAWeek and urges caution on a rush to a hydrogen future.

The FedEx Ground unit flexed its muscles in the third quarter with strong operating income and cost-reduction prowess.

San Francisco Bay Area-based Nimble Robotics has now raised a total of $115 million to help reduce warehouse size by up to 75%.

Canadian Pacific laid out who will be in key leadership roles after the company merges with Kansas City Southern in April.

The consumer will be key to resolving the present tension in freight demand’s future, but consumers continue to be predictably unpredictable.

Shippers and others weigh in on the Surface Transportation Board approving the railroad merger of Canadian Pacific and Kansas City Southern.

Negative headlines about Nikola Corp.’s finances raise justifiable concern. Visiting its electric truck plant tells a different story.

On demand on WTT Dooner is joined by Gnosis Freight’s Austin McCombs + Michael Rentz; InMotion Global’s Tim Higham; MiiPlan’s Rob Jensen; J.J. Keller’s Mark Schelder

The best way to attract and encourage safety practices within an organization begins with a top-down approach, according to Reliance Partners’ Robert Kaferle.

What would happen if trucks stopped hauling freight?

FedEx Express is aggressively scaling back air operations to save money as shipping demand crumbles.

Tanker capacity for diesel is already tight amid war fallout. With very few ships on order, future transport capacity could fall short.

Volume weakness persists at FedEx, but cost reductions are acting as strong offsets.

FreezPak Logistics plans to open a 212,807-square-foot temperature-controlled warehouse near Chicago.

At March’s FreightWaves “State of Freight” webinar, a slightly positive key indicator is really the only bullish sign anybody can find in the market.

The investment firm Hestia is seeking major changes in Pitney Bowes’ global e-commerce strategy.

A multitude of mixed economic signals make it difficult to predict a recovery in air cargo business this year. Even if global trade picks up, the lion’s share of shipments will go by ocean.

A recruiting manager talks about being a woman in the industry as well as the importance of transparent recruiting and the positive impact it can have on trucking companies.

FLS Transport Services offers a free KPI scorecard to shippers.

Autonomous trucking runs are getting longer and more frequent as Kodiak Robotics and Forward Air begin thrice-weekly Dallas-to-Atlanta roundtrips.

Truck driver essentials: Things truckers describe as “must-haves”

Dog food has become an inflation safe haven for packaged-food giants — because pet owners won’t trade down categories for their “fur babies.”

TuSimple co-founder Xiaodi Hou says his ouster was retaliation for failing to support a pay package for the rehired CEO whom he replaced.

With some big-name backing, Verne is trying to tackle the issue of storing hydrogen on board a truck using it for fuel.

Quarterly net losses could be around the corner for container lines, but EBITDA will stay high even if carriers dip into the red.

Motor carriers can anticipate a registration fee increase in 2025 as the collection agency adjusts how it reconciles with mandated entitlements.

The DHL Global Connectedness Index released Wednesday also sheds light on the future expansion of regional trade, saying more than half takes place within regionalized distances already.

The Surface Transportation Board has approved merger plans between Canadian Pacific and Kansas City Southern railroads.

The Mountain View, California-based drone delivery firm announced an array of new software and hardware updates.

On demand on WTT live from Supply Chain Meets FinTech: FreightWaves’ Rachel Premack, TriumphPay’s Dan Curtis, ZenHedge’s Krishnan Kandasamy and ComFreight’s Steve Kochan.

R&R Express announced Wednesday it has acquired Denver-based carrier Load to Ride.

The International Association of Machinists and the Brotherhood of Railway Carmen have each reached sick leave agreements with Norfolk Southern (NYSE: NSC).

Lawmakers in Canada are working to keep trucking companies with poor safety records off the roadways.

Most food emissions come from ingredients, but the impact of packaging redesign is more immediate.

Boeing is meeting customer demand by adding a facility to carry out passenger-to-cargo conversions in India. Some wonder whether the market will soon be oversaturated.

EU’s ban on diesel fuel from Russia shifts trade patterns

Gatik will move grocery loads autonomously from Kroger’s Dallas distribution center to its area grocery stores, starting with safety drivers.

Ohio Attorney General Dave Yost said Tuesday the state has filed a lawsuit in federal court against Norfolk Southern in order to ensure the railroad will be financially responsible for derailment costs and economic damages.

Atlas Air has apparently cleared the final hurdle for its sale to Wall Street hedge funds.

Hyzon has some clouds on the near horizon, but at CERAWeek, its CEO detailed the growth the company hopes to achieve.

Mexico’s heavy-duty truck manufacturers exported 12,702 vehicles to the U.S. in February.

More than 130,000 civil and public servants who are part of the Public and Commercial Services Union will walk out in what it is calling the largest strike in civil service in decades. 

The Georgia Ports Authority reported its second-busiest February ever.

A report from Cass Information Systems suggests the current softness in freight markets is likely to hang around for “several more months.”

A CloudTrucks survey of 1,000 respondents revealed truck parking issues should be addressed and resources should be found to deal with them.

The U.S. arm of Just Eat Takeaway will have a new CEO following current chief executive Adam DeWitt’s resignation.

Freight reservation aggregator Freightos issued its first earnings report as a public company. Reducing losses continues to be a challenge in a difficult economy.

TuSimple co-founder Xiaodi Hou quit the board at the autonomous trucking startup as the company investigated him for employee poaching.

IAG’s cargo division has convinced management to use larger passenger jets on some short-hop routes to capture more cargo business.

Where do truck drivers sleep?

A three-judge panel has reversed a lower court ruling that California’s Proposition 22 was unconstitutional.

The benchmark diesel price used for most fuel surcharges declined for the sixth consecutive week.

A roundup of recent news items from Norfolk Southern, Union Pacific, Amtrak and the Surface Transportation Board.

Shipping line Zim could face net losses in the quarters ahead, yet it has a hefty cash cushion to soften the blow.

Navistar is having deja vu over a safety recall for high engine revving on International vehicles that can overwhelm the parking brake.

On demand on WHAT THE TRUCK?!? American trucker Taylor Barker; StreetDrone’s Mike Potts and Mark Preston; LOST FR8’s Reed Loustalot

Well-known shippers like Gap, Williams-Sonoma, Sephora and Nordstrom have returned to the big carriers after stints at regional carriers, a high-level regional source says.

With Berkshire Hathaway now owning a majority of Pilot Travel Centers, S&P Ratings has raised Pilot’s debt rating.

Participants at a pair of CERAWeek panels expressed excitement for hydrogen as the “fuel of the future” in trucking but starkly acknowledged the high infrastructure costs to make it happen.

Estes Forwarding Worldwide announced it has acquired trade show logistics provider Legacy Logistics.

Daimler Truck recalling 64,064 units for possible steering loss

This week in Borderlands: Mexico starts 2023 as top U.S. trade partner; construction for new Texas commercial port of entry begins; transporter closes Texas terminal and cuts 60 jobs; and Kansas logistics company leases Texas distribution center.

A Senate hearing Thursday provided Congressional leaders a chance to grill Norfolk Southern President and CEO Alan Shaw not just on the Feb. 3 train derailment in Ohio but also on the industry’s views on rail safety.

With virtually no new ships on order and demand strengthening, the tanker business seems poised for a bull run.

View a collection of photos throughout the history of Love’s Travel Stops and the family to celebrate Tom Love’s life.

Trucking company Rapid Response has been sold to its employees, investment banking firm ButcherJoseph announced Friday.

Market conditions will likely become a bit more favorable before they get much worse.

Daimler Truck completed its first year as a stand-alone company with financial results meeting its targets.

On demand on WHAT THE TRUCK?!? What to do when in a truck wreck; flexible supply chains, stress tests; best truck stops and more

Do you know what’s on your PSP record? Reliance Partners’ Mark Barlar shares insight into the story it tells about a driver, how it informs hiring decisions and what drivers can do about it.

Jim Barber, a former top executive at UPS, is seen getting the nod to run brokerage giant C.H. Robinson.

BNSF and three unions reach sick leave deals; Trinity Industries acquires a 3PL; and STB names new members to an energy transportation advisory committee.

Latam Airlines’ cargo division is diversifying routes for flower exporters with a new destination in Los Angeles.

The truck transportation sector in February suffered its biggest drop in employment since the pandemic began.

How confident is Kodiak Robotics of the safety of its autonomous system? How about cutting a sensor cable while the truck is running?

Norfolk Southern notified federal officials about loose wheels, and the Association of American Railroads put out an advisory to halt the use of rail cars that might have this issue.

Flight hours are a proxy for air cargo demand and the amount of time all-cargo aircraft are flying is falling.

The logistics industry is seeing rates continue to fall. How can shippers ensure success in this market before the market adjusts and rates swing back up?

Ford earns Postal Service’s latest EV contract

The automotive industry may stay leaner longer.

Moody’s says regional parcel delivery company LaserShip is challenged by weak liquidity, high financial leverage and soft market demand.

After culling underperforming freight for the better part of two years, less-than-truckload carrier Yellow sees volumes inflect positively.

Antwan Banks has been chosen to oversee the National Motor Freight Traffic Association’s cybersecurity relationship efforts with the trucking industry.

Inside the WHAT THE TRUCK?!? newsletter tracking recycled sneakers; Optimus vs bullies; MoLo shake up and more.

Macro factors supporting warehouse growth remain extremely strong, Prologis’ CEO says.

More than 3 million commercial trucks used the Texas State Highway 130 toll road between Austin and San Antonio in 2022.