Locus Robotics raises $117M, eyes IPO
With a valuation of close to $2 billion after its latest round of funding, Locus is “ready to go” for IPO.
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With a valuation of close to $2 billion after its latest round of funding, Locus is “ready to go” for IPO.
Many shippers are relying on contracts and favoring their tried-and-true carrier partnerships instead of taking advantage of plummeting spot rates.
The air cargo industry is upset about a Dutch proposal to reduce aircraft slots at Amsterdam airport because it would cut into freight traffic.
A North Carolina trucking company owner said he wanted to buy a used truck but is now in a long legal battle to get back cash confiscated by police who thought it was part of a drug deal.
President Joe Biden is compelling Congress to intervene if there is a rail strike — and hinting that both sides should accept the labor agreement as it stands.
Family-owned Mid Continent Trucking of Denison, Iowa, notified drivers and employees recently that after 24 years, the refrigerated carrier was ceasing operations two days after Thanksgiving because of worsening economic conditions and tumbling freight rates.
In a letter sent Monday to legislative leaders, trade groups warn of a financial disaster should a railroad strike occur on Dec. 9.
The benchmark diesel price used to set most fuel surcharges has dropped four out of the past five weeks.
Hopes that China will relax its zero-COVID policy are fading, raising concerns about shipping volume fallout.
Netradyne’s Kristin Tedesco outlines the many ways fleets can engage with their drivers and show thanks this holiday season.
The U.S Government Accountability Office says the Federal Railroad Administration could do more to increase the participation of railroads in a program geared toward addressing the root causes of close calls in the workplace.
Next generation trucks on the move; Black Friday sales up but does it mean more freight; unrest in China and much more on WHAT THE TRUCK?!?
Despite high inflation, big discounts drove shoppers to stores and online, with e-commerce sales posting records over the Thanksgiving holiday shopping weekend.
Upgrading your TMS will only be more difficult the longer you wait.
Mack Truck is recalling 27,544 Granite models from nine years of production, but it argues there is no safety risk.
Tesla Semi all-electric Class 8 truck completes its first 500-mile trip with an 81,000-pound load.
According to a report by the Financial Times, TikTok is struggling to grow its e-commerce business — and it’s looking for outside help.
Retailers have had to get creative to deal with too much inventory, but from moving inventory into stores to better inventory management, there are steps that can be taken.
RwandAir is becoming a combination carrier, adding a freighter airline to its traditional passenger operation.
Shippers and carriers are increasing the pressure on ports and other supply chain participants to roll out “green corridors” using digital technology.
AskWaves looks at how carriers are better communicating rules tariffs to customers.
Lufthansa’s cargo division has expanded service to Vietnam.
Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking and trade. This week: Mexico mulls using the National Guard to combat cargo theft; a Texas […]
This week: Crowley adds a third location to its Wreaths Across America sponsorship; XPO donates over 42,000 pairs of socks to the homeless; and UPS supports safe mobility habits in Bangkok.
Gulf Coast ports got a boost in October from imports of steel, plywood and bagged goods, as well as exports of crude oil.
A judge has halted the start of work on tearing down an Interstate 81 viaduct, a project that would reroute trucks around Syracuse, New York.
1999: eBay ushers in e-commerce’s most dramatic distribution channel disruption in decades.
Each year since the onset of the pandemic, peak season has looked a little different. What should retailers expect this year?
As more retailers implement fees to return items purchased online, a new survey shows consumers are pushing back.
Predictability is no longer the norm, but shippers can manage the uncertainty by following a few simple tips to ensure a smooth holiday delivery season.
With a goal of decarbonizing the economy, numerous companies are adopting centuries-old electrolysis to split oxygen and hydrogen atoms.
Nike has remained a popular shoe brand for decades (Photo: AP File/Matt Rourke)
Truck drivers say new technology has made their jobs a “race against the clock.” Technology manufacturers are trying to argue the other side.
A weaker-than-normal shipping season is hurting Cathay Pacific Cargo’s ability to recover from the pandemic.
A former United Furniture Industries employee claims the furniture manufacturer, headquartered in Tupelo, Mississippi, violated federal law by failing to give 60 days’ notice of its abrupt shutdown to nearly 2,700 employees and truck drivers, who found themselves without jobs two days before Thanksgiving.
Southern California’s container-ship logjam ends as congestion eases at East and Gulf Coast ports.
UPS has raised rates on the last-mile delivery product it operates in concert with the U.S. Postal Service.
FMCSA’s unique ID proposal for trucks has safety group support but overwhelming opposition from the rest of the trucking industry.
Is a rail strike imminent? Here are five things that might help you understand how we got here.
Ondemand on WHAT THE TRUCK?!?
Trucking’s turkey of the year
Meet new XPO-spinoff RXO
What ACT research says about the spot market
New bookings data suggests volume softness is here to stay.
“The procurement of industrial products and spare parts is at a critical crossroads as the global supply chain is faced with unprecedented headwinds,” said Chris Lawrence, managing partner at Labyrinth Capital Partners.
Join like-minded business owners to network, find best practices and quickly implement solutions.
Expeditors’ stock is too high priced, Wells Fargo says, as it cuts its rating to a level tantamount to “sell.”
Whirlpool was chosen as a Shipper of Choice — an award that recognizes retailers and distributors that value their carrier relationships.
Elon Musk’s takeover of Twitter has been widely panned for driving away advertisers, but could he have a larger plan?
Sapphire Ventures executive Demi Obayomi explains what trends the venture capital firm is seeing in the supply chain — and where technology can help.
The Surface Transportation Board wants to know why Union Pacific has been issuing hundreds of embargoes since 2018.
Amtrak and other stakeholders are asking the Surface Transportation Board to hold off on a November hearing on Amtrak’s request to restore Gulf Coast service because of a potential settlement.
The hub outside Philadelphia will support next-day ground deliveries between southern Maine and southern Virginia.
Gmail accounts allegedly connected to FourKites made accusations of accounting fraud and organized crime to project44 board members and executives.
Ocean carriers have been shielded by lucrative annual contracts with cargo shippers, but contract coverage is starting to crumble.
U.S. Postal Service program will add 7 million parcels of peak processing capacity, aggravating the holiday overcapacity problem for carriers.
A potential rail strike in the coming weeks has echoes of the infamous railroad strike of 1877, but with hopefully much less dire consequences. (Photo: AP/Gene J. Puskar)
XPO becomes the latest less-than-truckload carrier to announce voluntary furloughs.
Former employees of United Furniture Industries say they were caught unaware overnight after receiving word they were not to report to work Tuesday because their jobs were being immediately terminated “due to unforeseen business circumstances.”
A former U.S. Border Patrol agent was among three people arrested last week for allegedly hiring undocumented migrants to work as truck drivers in Texas.
Carriers are grappling with unfavorable market shifts across the board. With prowess and the right partners, however, carriers can remain profitable — and even competitive — in a loosening market.
Norfolk Southern has announced plans to acquire the Cincinnati Southern Railway while BNSF has opened a bridge in Idaho meant to ease bottlenecks.
A cease-and-desist order filed by a New York City court could give Amazon warehouse workers added protections when attempting to unionize.
Canada’s WestJet plans to start flying cargo jets next year after a frustrating wait to get the planes registered.
Two U.S. senators said Mexico’s plan to stop importing yellow corn violates its trade deal with the United States.
Scandit has released a report showing that last-mile delivery drivers are working harder and faster than ever before.
The benchmark diesel price used for most fuel surcharges is down 8 cents this week, with other indicators signaling further market weakness.
The easing of constricted supply chains has allowed trailer manufacturers to accept orders that were shunned a year ago.
UPS announces that export and import fuel levies will rise by 150 basis points effective Dec. 5.
Amazon is expected to fight a new effort by workers at its air cargo hub in Northern Kentucky to form a union.
Surge Transportation’s Omar Singh explains why partnerships are still key in the platform’s digital model.
The easy-to-use program allows brokers to reward drivers directly for specific actions they complete within the Trucker Tools app.
Jonathan Randall has been named to the vacant North American presidency of the brand where he led sales and commercial operations.
Stratospheric LNG shipping rates offer a lesson on the do’s and don’ts of measuring earnings momentum.
Launching in California this week, Xpede looks to shake up the app-based delivery game with an unorthodox selection.
One railroad union has voted to ratify its labor agreement while another has split its vote, raising the prospect of a rail strike.
Truck driver safety is an ongoing process that involves engagement, awareness and targeted training.
Policies affecting cross-border shipping, like the Complemento Carta Porte, are often a thorn in the side of shippers, but they can be streamlined with the right 3PL partner.
Golden State, often a trendsetter in regulation, lags behind on ELD requirement for trucks that stay within state borders; comment period open.
E-commerce sales taxes vary across the country, creating a patchwork of regulations that sellers must follow. The GAO says Congress should fix this.
This week in Borderlands: Automotive logistics provider expands into Mexico; Tesla negotiating with Texas officials for a $365 million lithium refinery; El Paso explores high-tech shuttle to move freight; and automotive parts supplier to build second factory in Mexico.
Transportation demand continues to erode heading into the slowest months of the year. Could this be the bottom?
Hydrogen fuel cell truck maker Hyzon Motors faces Nasdaq deadlines after missing a financial filing for the second consecutive quarter.
Global energy trades face even more tumult ahead. “This could get crazy,” says Scorpio Tankers’ Robert Bugbee.
The Federal Motor Carrier Safety Administration has shuttered two related Texas carriers for numerous violations.
As supply chain logjams lessen, improving new truck production levels put downward pressure on used truck prices.
Mediterranean Shipping Co. is moving up plans to inaugurate its air cargo airline, offering service between North America, Europe and Asia.
United Kingdom sanctions put CargoLogicAir on verge of going out of business.
Canadian government official introduces new legislation that represents the culmination of multiyear efforts to address port funding and railway safety needs.
Historically, November is the month in which maritime imports begin to move inland for their final push before the holiday shopping season. Yet such imports were lost at sea this year, failing to materialize during ocean shippers’ peak season. This one-two punch of weakened import volumes and overstocked retail inventories means that carriers are left with fewer opportunities to source freight.
Mr. Supply Chain joins Dooner and The Dude to talk about the lack of peak season; Uber Freight’s state of the market report; Torc autonomous truck impressions and more
“Violations that occur as a result of an accident are not supposed to count toward your CSA score,” says Reliance Partners executive Robert Kaferle.
Supply chain and logistics companies got time in the limelight on Time magazine’s list of the 200 Best Inventions of 2022.
FloorFound, which specializes in oversize-item recommerce, has opened five dedicated facilities to make the resale of items easier.
The Trade Association for Logistics Professionals said it was not the “appropriate vehicle” to engage in dialogue between FedEx Ground and its delivery contractors.
Demand for durable goods is soft and diesel rates are sky-high. It’s a spooky sign for the trucking industry.
Several high-profile commercial electric vehicle makers have faced recent struggles, but BrightDrop says it is on pace for $1 billion in revenue next year.
Brake Safety Week in the United States checked out a lot more trucks, but the out-of-service orders stayed flat percentage-wise.
A theme emerges as you look around the electrification and autonomous trucking space. Practically no one does it alone.
IFS democratizes 3PL software for companies large and small.
FreightWaves Classics examines storied ocean carrier U.S. Lines, which was persistent in its desire to operate a successful cargo ship named the American Shipper.
Having a better understanding of pricing is something transportation providers need to push to every level of their organization involved in negotiation. MPact makes it possible for McLeod customers to […]
Grain exporters have several options: paying higher transportation costs, storing grain, sending more of it to the domestic market or cutting their losses.