Yellow’s yield-at-all-cost strategy may be ending
After culling underperforming freight for the better part of two years, less-than-truckload carrier Yellow sees volumes inflect positively.
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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.
GoToro, previously known as FATj, focuses on making the lives of recruiters easier through advanced, data-driven technology.
A CERAWeek panel on the shipping industry complying with IMO 2050 focused on hydrogen but in an undetermined form.
The Association of American Railroads has laid out initiatives the freight rail industry expects to take up to boost safety amid calls from federal officials in the wake of the Feb. 3 Ohio train derailment.
The first woman to command an American merchant ship did so when her husband was too sick to captain in 1856. She was 19 and four months pregnant.
A Bloomberg report says Uber Freight may be a candidate for a spinoff or an IPO.
Weather has a significant impact on retailers, but most still rely on manual forecasting. Tomorrow.io’s advanced weather intelligence is changing the game.
A study found use of hot-box detectors has contributed to a 59% decrease in certain train accidents since 1990.
German giant Deutsche Post DHL posted outsized gains in full-year operating income and said that performance will not repeat in 2023.
Less-than-truckload carrier XPO said it added 30-year industry veteran Wes Frye to its board as it pursues a six-year financial improvement plan.
Outlining the next phase of its development, Wing revealed its new approach to fully autonomous urban drone delivery networks.
Boeing has paused delivery of the 767 freighter until it corrects a fuel tank issue.
U.S. businesses overshot in 2022, importing way more than they needed. The hangover is in full swing, depressing 2023 imports.
FreightWaves was named a finalist in three categories on Wednesday in the 69th annual Jesse H. Neal Awards, the most prestigious competition in business-to-business journalism.
ArcBest’s firing of the founder and the CEO of MoLo Solutions is part of a reorganization to tighten sales functions across the company, it said.
Shipping line NYK says operating Nippon Cargo Airlines is too expensive and plans to sell it to another Japanese carrier.
Among the coming truck regulations in California is one that targets refrigerated trailers, and Ndustrial is preparing for that shift.
Mack, Isuzu and Hino offer new battery-electric medium-duty work trucks as the industry transition accelerates from diesel and gasoline power.
On demand on WTT Dooner welcomes project44’s Bart De Muynck; Tompkins Robotics Michael Carmody; FreightWaves Rachel Premack and SuperTrucker
The startup, led by veterans of last-mile delivery platform AxleHire, rolled out a new solution for perishable shippers.
“While the Railway Safety Act of 2023 has potential, railroad workers are concerned with what is glaringly left out of the bill and what aspects are left to the DOT and FRA to draft, implement, and administer,” said Matt Weaver of Railroad Workers United.
Ceva Logistics is purging 142 jobs at two of its facilities in Mt. Juliet, Tennessee, effective April 22.
Three rail unions representing mechanical workers say BNSF violated federal labor laws because of the way it has handled the staffing for its locomotive maintenance program. The unions also argue that BNSF has been deferring maintenance and adhering to a minimum standard.
Cummins Inc. is rebranding its New Power division to get more attention for its investments in zero-emissions technologies.
Last-mile companies poised to shake up the market
The most lucrative time to buy or sell a trucking company could be right now — as long as the prep work has been done.
Plus One Robotics has raised $50 million to roboticize parcel handling in warehouses and distribution centers.
Forward Air said Tuesday that low-teens tonnage declines over the past few months have calmed in early March.
The National Transportation Safety Board and the Federal Railroad Administration will conduct investigations into Norfolk Southern’s safety practices.
A North Carolina trucking company notified more than 200 employees on Tuesday it is ceasing operations.
Supply chain issues are in the rearview mirror for Fed inflation policy, but for importers, there’s still room for improvement.
Amazon Air is growing and refining its air cargo network, but at a more gradual pace because of the slowdown in online shopping.
Ryder has sold its Miami headquarters campus to real estate firm Bridge Industrial for $42.1 million.
From one store he and his wife opened in 1964, Tom Love oversaw the growth of Love’s Travel Stops to 600 locations.
Regulators will hold a listening session at the Mid America Trucking Show to help fine-tune proposed rules and guidance governing truck brokers and dispatchers.
Germany’s Traton Group topped $42 billion in revenue for 2022 with Navistar contributing significantly to the top and bottom lines.
E-commerce SaaS platform BigCommerce added flexibility for sellers with a buy-online, pick-up-in-store offering.
Following two recent derailments in Ohio, Norfolk Southern received more bad news as a conductor died after a crossing accident at a customer facility.
FreightWaves, the leading provider of high-frequency data and news for the global supply chain, has launched FreightWaves Academy, an education platform geared toward teaching the ins and outs of transportation and trucking.
Transportation rates fell at the fastest-ever pace recorded in February, according to a monthly supply chain survey.
“Real-time visibility and responsive risk management gives Overhaul a distinct advantage among supply chain SaaS providers,” said Ryan Ziegler, general partner at lead investor Edison Partners.
Union members representing those working in mechanical, intermodal and facility management at Canadian railway CN voted to go on strike should talks between the parties fail to reach an agreement.
At a leading energy industry conference in Houston on Monday, hydrogen was the star of the show.
The Federal Railroad Administration collects a lot of data related to rail safety. What does that research show when it comes to the performance of the Class I railroads?
A former FedEx Ground contractor, accused of killing 7-year-old Athena Strand of Paradise, Texas, pleaded not guilty to capital murder and aggravated kidnapping charges on Monday during his arraignment hearing in Wise County, Texas.
Daily Russian Fossil Fuel Revenues Still at $500 million
Knight-Swift’s David Jackson and fellow trucking executives sound off on regulations and the economy at TCA’s annual meeting.
The benchmark diesel price used for most fuel surcharges has declined for five consecutive weeks.
Cargojet is scrambling to balance its cost structure as the air cargo market softens by hitting the brakes on the acquisition of 777 freighters.
HHS is preparing to rollout a proposal that could move the trucking industry a step closer to federal recognition of drug hair tests.
The Lordstown Motors Endurance electric pickup was delayed, subject to cost overruns and now faces a safety recall.
The New Mexico House of Representatives has passed a bill to require a freight train crew size of at least two members. The bill now goes to the state Senate.
Container lines are unable to prop up rates because they haven’t culled enough capacity to compensate for weak demand.
On demand on WHAT THE TRUCK?!?
Hyliion’s Thomas Healy; BlueCargo’s Laura Theveniau and Alexandra Griffon; FreightWaves Tyler Cole; Lippert Components Tony Darnell
SCAC process can be managed online without much help from National Motor Freight Traffic Association.
Shyft Group’s Blue Arc electric delivery vehicle set a new benchmark for fuel efficiency, per the EPA.
Nikola allegedly tried to sign rival Lion Electric customers after canceling a battery supply contract with Romeo Power.
DHL Express recently began cargo flights out of a $55 million cargo facility at Felipe Angeles International Airport in Mexico City.
Transportation and logistics provider Sage Logistics Holdings said it has entered an agreement to acquire Byland Transportation.
Norfolk Southern has released a six-point plan that addresses how the railroad expects to improve its use of hot box detectors.
ArcBest’s first-quarter update bucks the less-than-truckload industry trend as tonnage increases and yields moderate.
“Our goal is to get empty containers out of the hands of those who do not need them and into the hands of those who do, and so far it’s working,” said Qualle founder and CEO Tyler Sellers.
What if the English trucker who made off with 200,000 Cadbury Creme Eggs was trying to spare innocent taste buds?
After rushing to add capacity, Maersk’s in-house cargo airline is hitting the pause button on new routes because of sharply lower shipping demand.
State tax rates for retail gasoline and diesel increased in 13 states in 2023
Daylight saving time was enacted on Feb. 9, 1942. Some believe the reasoning behind it is no longer relevant and the practice should be discontinued, but how did it start in the first place?
Without Lufthansa Cargo’s strong results last year, the Lufthansa Group of airlines would have lost money.
While recruiters are always searching for skilled truck drivers — using sign-on bonuses and paying incentives to attract drivers to come work for their trucking companies — there’s little mention of who pays if the driver dies while under a load.
This week in Borderlands: Houston export terminal lets Temco capitalize on grain demand; $10M FAST lanes completed at World Trade Bridge; Spearpoint Logistics to open distribution hub in Texas; and Port Houston’s terminal container yards receive upgrade.
Daimler Truck North America is recalling 64,064 Freightliners for a possible complete loss of steering control.
This AskWaves article describes the various stakeholders involved in regulating rail safety.
FedEx abandons its low-key communication style to get direct with UPS’ customers.
Companies across the supply chain have been inundated with new technologies and solutions over the past several years. As a result, many leaders are underutilizing their recently adopted tools, leaving money and efficiencies on the table.
Embark Trucks, the original autonomous trucking company, may put itself up for sale or liquidate after laying off 70% of its employees.
Strangely enough, tender volumes are abiding by seasonal trends.
Class 8 truck orders defied estimates of flattening in February as fleets show they still have money to spend.
Now on demand on WHAT THE TRUCK?!? with guests from Zuum App, The Cybersecurity Studio, Able Transport Solutions, Jacobs and EXO Freight
The long-planned acquisition of a bigger stake in Pilot by Berkshire Hathaway has been completed, and new data is expected to emerge as a result.
Pitney attacks investment firm Hestia for “continuously changing” its views on the company’s strategic direction.
Volvo Group’s CampX has ushered 50 startups through its accelerator. Now it is adding an incubator for early stage startups.
All seven Class I railroads have agreed to participate in a federal program in which workers can anonymously provide tips on operational conditions. The participation will complement existing internal programs at the railroads, says the Association of American Railroads.
Less-than-truckload carrier Old Dominion sees volumes drop again in February but notes the worst of it may be behind them.
By implementing a strong safety and compliance program — like Reliance Partners can help them build — carriers can minimize risk and pay less for insurance.
Ohio members of the Brotherhood of Maintenance of Way – Employes Division are concerned about the health of workers who responded to the Feb. 3 train derailment, and they disagreed with NS’ attempt to address automated track inspection during early negotiations over sick leave.
Global logistics provider Kuehne+Nagel wants to avoid bottlenecks at big cargo airports by sending freighters to Birmingham, Alabama.
DOT wants railroads to take immediate actions to address safety
The National Transportation Safety Board’s probe of the Feb. 3 Norfolk Southern derailment will include a close look at the protective housing covers on the derailed tank cars.
High-powered executive championed a growth strategy for the regional parcel delivery carrier that has since been tempered.
Shipping lines like Hapag-Lloyd have suffered sharp rate falls from the peak, but they’re nowhere near financial distress.
In some rare good news for autonomous truck software developer TuSimple, the FMCSA closed a probe into a crash last April.
Logistics company Truckstop.com has verified it is laying off an unspecified amount of workers.
The Federal Railroad Administration and a bipartisan group of five senators aim to show their responsiveness to rail safety concerns via new initiatives and proposed regulations.
Driverless truck-tech companies say their equipment is as safe — or safer — than traditional devices used to warn the public of trucks stopped on the highway.
Amy Boerger, Cummins Engine Plant’s first female product engineer and vice president, is retiring after nearly 40 years with the company.
Freight broker Transfix announced its chief technology officer has been appointed CEO effective immediately.
Kuehne + Nagel had a highly profitable year in 2022 despite macroeconomic headwinds, but results fell considerably in the fourth quarter along with transport demand.