News

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.

Early U.S. railroad history can thank B&O Railroad for many of its strides forward.

The U.S. Postal Service has enlisted Ford as part of a push to add more than 66,000 electric delivery vehicles to its fleet by 2028.

Kraft Heinz will sell Lunchables in schools directly to kids. It’s an auspicious deal but not the best indicator for the nation’s health.

“With over thousands of carriers to choose from to move your freight, carrier scorecards are essential to making the right buying decision during an RFP bid event,” Emerge founder and CEO Andrew Leto said.

The annual WorkHound survey of drivers and other logistics workers got more praise and more comments overall.

Less-than-truckload carrier Saia reported January and February tonnage declines that were in line with fourth-quarter declines when adjusting for weather.

3 questions logistics leaders should ask to bring down costs

Japanese air and ocean forwarder Yusen Logistics said it has increased its U.S. contract logistics offering with the acquisition of Taylored Services.

Supply chain software provider Descartes sees retailers refilling shelves as 2023 progresses.

Tesla has confirmed that its next electric vehicle factory will be near the Mexican city of Monterrey.

Workhorse Group is still cleaning up the mistakes of its recent past but is expressing optimism on 2023 production plans.

Hyliion Holdings is teaming up with financially struggling Hyzon Motors to develop a hydrogen-powered fuel cell version of its hybrid truck.

Charter rates are far below the peak but higher than pre-COVID as liners continue to sign new container-ship leases.

FedEx CEO Raj Subramaniam will advise President Joe Biden on the impact of government trade policies on multiple business sectors and export competitiveness.

Combined company will boast 81 fulfillment centers in the U.S., U.K. and continental Europe.

Sichuan Airlines is taking the unusual step of carrying out cargo conversions of Airbus A321 aircraft on its own.

FreightWaves’ “State of Freight” webinar for February had little good news for carriers hoping for higher rates sometime soon.

On demand on WHAT THE TRUCK?!? Dooner is joined by FreightWaves’ Rachel Premack; UberFreight’s Mazen Danaf; and Back The Truck Up’s SuperTrucker.

ArcBest said Wednesday it has launched freight movement technology, allowing the contents of an entire trailer to be unloaded at once.

Mark Holifield was in the top job at the regional parcel carrier LaserShip/OnTrac for just 17 months after leaving a high-profile supply chain position at The Home Depot.

The Port of Virginia says it’s nearly done with its channel deepening project, which will enable the port to allow for two-way traffic of ultra-large container vessels.

The Federal Railroad Administration has issued a safety advisory that calls on railroads to evaluate their procedures for using and maintaining hot box detectors in light of the Feb. 3 Norfolk Southern train derailment in Ohio.

Fallout from Ohio train derailment calls to mind disasters from years past.

Despite lower demand for transportation, repealing the ocean carriers’ antitrust immunity is still in play on Capitol Hill.

Company looks to push a more agile air network.

ArcBest said Tuesday it has further simplified its business model by selling emergency roadside and maintenance services provider FleetNet America.

The logistics industry has long been characterized by volatility and unpredictability. This has never been more true than it is in the wake of the coronavirus pandemic. After years of […]

In-transit visibility options have skyrocketed over the past several years, making it easier than ever to track a shipment’s en route movements. The same cannot be said, however, for terminal visibility.

In-transit visibility options have skyrocketed over the past several years, making it easier than ever to track a shipment’s en route movements. The same cannot be said, however, for terminal visibility.

Tesla is set to build an electric vehicle manufacturing plant in the Mexican city of Monterrey.

The company reports it experienced better-than-expected sales volumes in the fiscal 2022 fourth quarter.

Canada has allocated $46 million in funding to recruit and train up to 2,600 new truck drivers and other transportation related jobs.

A preliminary hearing has been set for March 7 for a mother and son charged with swindling more than $600,000 from the Minnesota-based freight brokerage where they both worked.

Quarterly figures for BMO, a major trucking lender, reveal some weakening of financial performance but not at a huge rate.

PalletTrader is bringing a user-friendly, online intelligence and transaction platform to all things pallets; a new collaborative information “warehouse” for logistics and transportation operators.

Freighter operator Amerijet is rationalizing its business by terminating a south Florida air and ocean logistics business it owns.

Crstl looks to take on the digitization of transactions and data sharing between brands and major retailers like Walmart and Target.

Explained: New 2023 UPS and FedEx Fees and Service Changes

Agility is losing lucrative contracts to manage logistics parks in Kuwait after the government decided not to renew its agreement with the company.

Larger crude tankers are moving more U.S. exports on shorter voyages to Europe as long-haul volumes to China stagnate.

The benchmark diesel price used for most fuel surcharges was down for the fourth week in a row.

The Biden administration’s first take on EV charging standards avoids addressing the heavy truck sector to make room for innovation.

Less-than-truckload carrier Saia announced it has added more next-day lanes to its network.

Federal prosecutors allege UPS workers took possession of the drug, and a third worker not employed by the company provided fraudulent mailing labels.

In a pair of announcements, Amazon committed to improving the delivery experience for both customers and drivers.

The California Air Resources Board’s update on the Advanced Clean Fleets rule has only minor variations, and the journey to new regulations next year is well on its way.

FedEx’s 50 Days of Caring initiative will take the company to the golden anniversary of its first flights, which is April 17.

Despite an increase in revenues for BNSF, higher fuel costs contributed to a softer operating income for the fourth quarter of 2022.

WHAT THE TRUCK?!? now on demand with FlyTrex Yariv Bash; AIT’s Vaughn Moore; FreightWaves Joe Antoshak; C3 Solutions Greg Braun

The Environmental Protection Agency will direct Norfolk Southern where to transport contaminated waste from the Feb. 3 train derailment amid concerns by communities in other states that it was coming to them.

Rail unions warn that revisions to a rule affecting railroad contract workers could be a step backward for safety.

Adhering to regulations alone is complex in itself, but is it enough for a strong safety program? J. J. Keller & Associates, industry experts in safety and compliance guidance, don’t think so.

Union Pacific confirmed that CEO Lance Fritz will be leaving his role. The railroad is looking for a replacement.

A faulty Bendix brake part led to a Paccar Inc. recall of 8,008 Kenworth and Peterbilt medium-duty trucks.

Nikola Corp. maintains it can raise capital through equity sales, but its auditor says that’s uncertain, prompting a notice of going concern.

Perhaps the biggest question of 2023 for domestic trucking is when will the surplus of capacity fade to a point that prices stop falling. One data point provides deeper insight than simply a count of drivers or tractors.

This week in Borderlands: Nearshoring creates booming demand for border logistics facilities; Ascend reserves capacity in Volvo’s autonomous lane in Texas; ZF Group announces $250M expansion in Mexico; and Port of Brownsville posts record cargo volumes in 2022.

Steam Logistics is hiring new employees while paying others $2,000 to quit, avoiding the costs of layoffs.

After a year of sanctions and “self sanctions,” shipping cargoes caught in the crossfire continue to find their way to buyers.

Rail trade groups’ and rail unions’ responses to NTSB’s preliminary report on the Feb. 3 Norfolk Southern train derailment offer different views on what the next steps should be.

Will new leadership be enough to save the FreightTech company?

Air Transport Services Group says its leasing business is insulating it from a market downturn that is impacting its cargo airlines.

The FedEx Ground unit appears to be looking to work directly with contractors rather than through consultants and brokers.

Last year’s peak retail season stands apart from previous years in that there wasn’t much of a “peak” at all.

Now ondemand on WHAT THE TRUCK?!? – Resupply logistics with NASA; inflation and your freight; Parade story; white out in Wyoming

The former safety manager of two California trucking companies was sentenced to three years of probation for his role in an illegal cargo tank repair conspiracy.

BNSF signs deals with the Transportation Communications Union and National Conference of Firemen & Oilers (NCFO), while NS also seals a pact with NCFO.

Autonomous truck convoy developer Locomation denied reports it is closing, but said it laid off most non-engineering employees.

The once zero-point violation could cost carriers at least three points in a roadside inspection and potentially many more, according to Reliance Partners’ Mark Barlar.

Qantas wants to capitalize on Australia’s e-commerce boom by increasing the number of freighters used to quickly haul packages around the country.

In order to remain relevant and endure a soft market in this year’s competitive trucking sphere, fleets must put in the legwork to create a positive driver culture and grow their advantage.

Nikola is still far from positive financial territory, but the integration of major components should help bring costs down.

What does it mean to have a former Daimler Truck executive in charge of Torc Robotics? Experience guides a big mission focus

Jennifer Homendy, chair of the National Transportation Safety Board, urged the parties involved in the derailment to heed the board’s recommendations to improve rail safety.

Short-term WALT leases present enticing returns for logistics real estate investors, according to latest research from commercial real estate firm Newmark.

Werner Enterprises announced Thursday that Christopher Wikoff will succeed John Steele as the company’s chief financial officer.

Inside the WHAT THE TRUCK?!? newsletter: Is a truck driver exodus coming; brokerage layoffs; NFS bends on sick time and safety; more

Shippers and carriers alike have been forced to deal with the financial fallout of a global pandemic, war, rising fuel costs and the looming threat of an economic recession.

In order to combat challenges, recruiters should lead with integrity, according to Hansen and Adkins’ Tommy Valenzuela.

The leading hydrogen expert at S&P Global Commodity Insights reviews the state of the hydrogen supply chain and where it might be headed.

Cargo flow remained constant at ports in Houston and Corpus Christi, Texas, but slowed slightly in New Orleans.

This fireside chat recap is from Thursday, the third day of FreightWaves’ Global Supply Chain Week. FIRESIDE CHAT TOPIC: Sorting through supply chain issues for autonomous trucks DETAILS: Autonomous trucks […]

Atlas Air took a profit cut in the fourth quarter, but comparisons with 2021 weren’t good because it was a record year financially.

One area of the supply chain that held together without much disruption during the pandemic was fuel. Gary Bevers talks about how that happened.

The National Transportation Safety Board outlined some additional context about the Feb. 3 derailment of a Norfolk Southern train in Ohio, including more information about the location of hot bearing detectors and the controlled venting of tank cars carrying vinyl chloride.

FreightWaves and bp pulse fleet President Vic Shao break down the present and future of electric infrastructure.

Oilfield supply distribution has long been a classic setup with a middleman, but a relatively new company under CEO Tim Neal has been taking a different approach.

Ascend TMS and ATBS are setting up a cooperative agreement to take data from Ascend and send it into ATBS’ tax and financial services.

FreightWaves’ Scott Berhang chats with fuel buyer Dolores Santos about what makes a good fuel buyer, especially in a tight distillate market.

A confluence of events, including Russia’s invasion of Ukraine and the resulting fuel embargoes, have rejiggered the global supply chain, says John Harms of Brown Brothers Harriman. All of that has led to sustained volatility, and it is not abating anytime soon.

“When you work in the automotive industry, there’s an inherent pressure and stress that comes with moving these shipments,” said Gregory Grimes, the owner and managing partner of West Central Motor Freight.

Radford University’s Zach Collier discusses the state of the semiconductor industry with FreightWaves’ Eric Kulisch after chip shortages roiled the global economy during the pandemic.