Daseke announces new CFO, reiterates guidance
Daseke announced Friday a transition at the CFO position and that it expects to achieve its previously announced 2022 financial targets.
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Daseke announced Friday a transition at the CFO position and that it expects to achieve its previously announced 2022 financial targets.
A few days in Germany revealed an inconvenient truth about real-world applications of battery-electric and hydrogen-powered trucks.
In a Q&A, supply chain industry executives provide their thoughts on the Securities and Exchange Commission’s proposed climate disclosure rules that could put retailer pressure on fleets to share emissions data.
Union Pacific and the Railway Supply Institute are among those forming partnerships, while the CREATE Program gets a $70 million federal grant.
Boeing CEO David Calhoun is outspoken about how governments are making environmental and economic policy.
UPS has launched a program to offer one consolidated rate with no surcharges. However, experts said shippers may end up paying more compared with the traditional pricing plan.
Predictive maintenance offers reprieve from expensive roadside crises
FedEx will cut 11% of trans-Pacific flights, 9% of trans-Atlantic flights and 17% of Asia-Europe capacity.
East and Gulf coast ports handled more volume than ever before in August, pulling far ahead of West Coast rivals.
In this issue of the WTT newsletter: rail workers still want to strike; Nikola’s Trevor Milton intervention; pre-trips go VR; best states for drone delivery
FedEx announces a 6.9% tariff rate increase for all of its services except LTL.
Just a few days after the state of California tried to keep OOIDA out of the ongoing AB5 case, a judge has let the group in.
One additional paid day off and three medical leave periods are provided in the tentative rail agreement, but there are limitations.
Imports to the Port of New York and New Jersey are down this week, causing the Elizabeth, New Jersey, truckload market to soften. Shipments worldwide are down more than 33% since July 1.
Reliance Partners’ Brian Runnels wades through the weeds of the driver pay debate.
Federal regulators are considering a proposal first ordered by the Obama administration that could change how trucks undergo safety inspections.
“Not only do we collect more data than other freight providers, we go one step further by distilling that data into interactive dashboards that surface anomalies shippers can act on to save time and money,” says Convoy’s Dorothy Li.
Retailers are coming together to send demand signals for zero-carbon shipping fuels.
Effective partnerships improve recruiting and retaining efforts across the industry.
Two zero-emission-vehicle initiatives were announced at a meeting of the Intermodal Association of North America, just about the time the state was releasing its Clean Fleet rules.
FreightWaves founder and CEO Craig Fuller outlines how FreightWaves SONAR pointed to the global freight recession months ago.
SimpliRoute, a route optimization firm based in Chile and available in 26 Latin American countries, has expanded into the U.S.
In the rising world of e-commerce, Open Pricer helps to expand e-commerce with dynamic pricing.
FedEx is still planning to invest $6.3 billion in its network, even as volumes and revenue slump.
FourKites will add enhanced visibility to Quiet’s “co-opetition” logistics model.
E-commerce continues to expand even as sales slow, with more than half of respondents to a survey shopping online at least once a week.
Air Canada had a dual fleet but got rid of its cargo jets years ago. A pandemic epiphany led the airline to invest in 12 freighters.
Just because a labor agreement is in sight between the railroads and the unions, that doesn’t mean rail service will instantly improve, shippers told FreightWaves.
The ports of Halifax and Saint John could be affected by Hurricane Fiona.
A federal judge has ruled that Rhode Island’s “RhodeWorks” toll system discriminates against trucks and is unconstitutional.
For many carriers, the rapid adoption of technology has sparked skepticism and reticence.
The Port of Manzanillo has resumed operations after a 7.7 magnitude earthquake rocked Mexico’s Pacific Coast region Monday.
Headhaul markets historically begin to send out more volume in preparation for the holiday peak, but 2022 continues to show different trends.
On demand on WHAT THE TRUCK?!?
Premack rides-along
Trucker gets a cab makeover
Driver pay and recruiting
Cargo theft trends and news
A majority of Arrive’s shipments are being automated at multiple touch points.
California is pushing back against the Owner-Operator Independent Drivers Association’s attempt to become an intervenor in the ongoing CTA lawsuit over AB5.
With the Postal Service ending its reseller program, some SMBs could see changes to their postage rates.
Nestle is a FreightWaves Shipper of Choice for 2022.
Moving manufacturing from abroad back to the U.S. could reduce emissions while improving supply chain resilience.
Neither an “intervention” nor changing social media passwords deterred Trevor Milton’s social media frenzy, Nikola’s CEO testifies .
Federal regulators will use a simulator experiment to assess driver distraction in automated trucks.
Container lines are pulling back fast from the ship-leasing market, signaling less confidence in future freight income.
Jason Seidl of Cowen says that slowing consumer and industrial activity will be felt in third-quarter results.
News briefs involving short line acquisitions, Class I rail headcount in August and rail technology developments.
Infinium will provide Amazon with enough electrofuels to power its fleet approximately 5 million miles a year.
FreightWaves’ Mary O’Connell and Nuvocargo’s Anaid Chacón sit down to talk about all things U.S.-Mexico cross-border and the rise of women in logistics and leadership positions.
Rejection rates in El Paso swung upward in response to an increase in outbound volume, and the Department of Energy clocks diesel prices below $5 per gallon for the first time since April.
Fewer shippers think their 3PL relationships are successful, according to the annual Third-Party Logistics Study.
Amazon is slowing down its air cargo expansion as online sales slow but putting more volume through its new Northern Kentucky hub.
A decrease in shipment arrivals as a result of congestion delays is a byproduct of labor strife.
Together, Valqari and IDU Group are building urban drone infrastructure all the way from the sidewalk to the roofs of skyscrapers.
Many retailers and delivery providers choose to develop their own routing and fleet management software, but that can limit their flexibility and add unnecessary cost.
StratusGrid’s expertise and ability to provide supply chain and logistics companies with software solutions on the world’s most widely adopted cloud platform is underscored with Amazon Web Services recognition.
R2’s LTL service is designed specifically to service small-medium-sized shippers – bringing well-rounded expertise in one platform that gives shippers the same advantages of a large shipper.
DHL is opening new package terminals at U.S. airports as demand keeps growing. The newest facility will be in Atlanta.
Associations have come together on supply chain issues in California to form the Goods Movement Alliance.
Nikola CEO Mark Russell testified in Trevor Milton’s fraud trial that Milton went on a publicity “blitz” to attract retail investors.
A 7.7 magnitude earthquake rocked Mexico’s Pacific Coast region, where the country’s largest container port is located.
Container shipping rates — particularly from Asia to the U.S. — are still falling hard and show no sign of finding a floor.
Reefer volumes spike in Illinois, the port of Houston sees a record number of TEUs in August, and exports from China continue to slide worldwide.
The weekly EIA/DOE diesel number was down 6.9 cents a gallon for the week and is again below $5.
Rural states top the latest list of riskiest states for truck accident fatalities.
Crowley Maritime’s Isla Grande Terminal suffered no significant damage when Hurricane Fiona hit Puerto Rico on Sunday.
A ShipMatrix report says delivery capacity will average 110 million parcels per day, while demand will average just 92 million parcels.
The ports at Houston and Corpus Christi, Texas, continue to see monthly cargo growth from oil and steel shipments.
Freight procurement programs, such as Convoy Guaranteed Primary and Convoy Dynamic Backup can deliver optimized savings in today’s market and flexible capacity in future freight markets.
1MRobotics looks to take an automation-first approach to fulfillment with a network of ‘nanofulfillment’ centers.
Did you know that every 3 hours in the US a person or vehicle is struck by a train. It’s rail safety week and WHAT THE TRUCK?!? is here for it with Operation Lifesaver
Cenntro introduced its Logistar 260 and Logistar 100 commercial EVs at IAA Transportation 2022 in Hannover, Germany.
FMCSA requires annual checks on a truck driver’s motor vehicle record. But doing that can leave gaps and potentially allows drivers to remain on the road when they are no longer eligible to drive a CMV.
Daimler Truck is using exclusive battery chemistry to boost the range of its next long-haul electric truck beyond 300 miles.
An executive who ran finance for a health care company has been named to lead American Airlines Cargo.
Gol was caught bribing government officials in Brazil in violation of the Foreign Corrupt Practices Act, according to investigators.
This week in Borderlands: Tesla proposes $375M lithium refinery for EV batteries in Texas; PGT Trucking expands border operations; Lineage Logistics signs lease at Houston ColdPort; and Otay Mesa port of entry receives $150M federal grant.
Outbound truckload tender volumes spiked this week out of Southern California, while intermodal volumes dipped due to a brief embargo. Could this be a result of shippers preparing for a potential strike?
Some companies are misleading consumers when it comes to sustainability. How do companies making real progress avoid it?
This week: A Georgia driver fighting for more women in the industry receives a renovated cab from Transfix, and a safety nonprofit teaches pedestrians and drivers about the dangers of trespassing onto train tracks.
FedEx says weak international demand was the issue behind its fiscal first quarter pre-announcement. But the signs point to company-specific deficiencies.
Executive Director Mario Cordero says the Port of Long Beach is “making great strides in reducing the number of ships queuing to enter the San Pedro Bay ports complex and quickly moving imports and empty containers out of the terminals.”
Outbound tender volumes are down in the last couple of days to their lowest levels since the start of the summer, and the record breaking levels in Detroit are over — for now.
On demand on WHAT THE TRUCK?!? J.B. Hunt’s Shelley Simpson on the road to becoming president, rail strike and more. Plus, Redwood, FreightVana, OneRail
Statement: ‘Protecting these workers from unfair, deceptive, and anticompetitive practices is a priority’
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates, which are more sensitive to changing market conditions, handily outpaced contract rates.
Logistics fintech platform Axle Payments announced Thursday a rebranding to Denim after disclosing it has finished its $126 million Series B funding round.
Former Celadon executives that are being sued by TA Dispatch have won a request to have the case moved to Delaware.
The great chassis squeeze in intermodal transport is not done yet, according to a panel of executives at the annual IANA meeting.
A Nikola whistleblower collected $600,000 from a short seller of the company’s stock and could be in line for a bigger payday from the SEC.
OneRail’s Bill Catania sees better asset utilization as a key to improving last-mile delivery capacity constraints.
Boeing must soon decide on what to do about developing a next-generation medium freighter. The leading candidate now appears to be the 787.
Drivers and trucking companies seeking flexibility from work rules can expect full attention from federal regulators.
FedEx has pulled its guidance a week before releasing first-quarter results. The company reported a $572 million year-on-year decline in FedEx Express’ operating income as macro weakness and higher costs took a toll.
Western U.S. truckload carrier Super T Transport announced it has been sold to Austrian transportation and logistics provider Berger Logistik.
U.S. containerized imports are still near record highs, but not in Los Angeles, where they’ve fallen sharply.
Diesel futures prices in recent days have plummeted almost 40 cents in just a few trading days, declining far faster than crude.
In a Q&A, FreightWaves chats with Joseph R. Hinrichs, CSX’s incoming president and CEO, in the wake of the announcement that current CEO Jim Foote is retiring at the end of month.
Platform helps to streamline and automate driver recruitment and retention efforts.
Outbound volume in Harrisburg, Pennsylvania, is booming, raising its market share to 3%. Flatbed market experiences a significant decrease in rejections.
China’s share of all trade growth will drop to 13% over the next five years from 26% over the past six years, a new report from DHL and NYU’s Stern School of Business predicts.
Veeqo is Amazon’s new multichannel shipping software that finds customers the lowest rates based on size and weight.
Freight railroads are attempting to rapidly resume normal operations now that a deal has been reached to avoid a strike on Friday.