News

Arrive is building more intelligent technology, reaching new markets and getting creative to win freight.

The head of the railroads’ key regulator spoke at RailTrends and was highly critical of the industry’s job cutting of recent years.

E-commerce platform Cart.com is working with FedEx to streamline the online shopping experience for merchants and consumers.

FreightWaves SONAR recently released two new market analysis tools that provide lane-level rate benchmarking capabilities and insight into the future state of the domestic truckload spot market. 

ShippingEasy is the latest company to offer carbon offsets to merchants shipping this holiday season.

FreightWaves is once again a part of Deloitte’s Technology Fast 500 list, a ranking of North America’s fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies.

Egypt’s Suez Canal was built 153 years ago this week, and its storied history is so much more than last year’s drama.

Most trucking experts anticipate we’re headed into a freight recession — or we’re in one already. Yet truckers are ordering more equipment.

Toronto Pearson airport is looking for ways to support more cargo business, starting by converting an old office park.

Pilot Co. and Volvo Group move to keep public charging on pace with electric vehicle adoption as Prologis adds charging installations.

Interstate Health Systems hopes to open 40 to 60 locations catering to the health care needs of truck drivers, motorists and communities over the next two years.

The CEOs of Canadian Pacific and Kansas City Southern on Tuesday talked up the benefits of their railroad consolidation at the RailTrends conference in New York.

The head of Los Angeles’ port is on a worldwide sales blitz, trying to convince shippers and carriers to come back.

Rail’s never-ending pursuit of taking market share from trucks is the focus of the annual RailTrends conference.

Federal regulators have outlined criteria to help identify dispatching services from authorized truck brokers as part of new interim guidelines.

As the holiday shopping season descends, companies should be aware that law-abiding consumers are not the only folks hoping to get their hands on this season’s hottest gifts.

Atlanta still owns the most market share by outbound volume but saw a drop in its value as demand falls further. Imports to the Port of New York and New Jersey fell to their lowest levels since 2021, bringing surface transportation volumes down with them.

Market data will enhance multiplayer experience for shippers and carriers collaborating on GoodShip.

Western U.S. carrier BNSF has added four new locations to the railroad’s certified sites program.

GXO Logistics said it has doubled the use of automation in its facilities and is operating nearly 7,600 pieces of technology.

Burrell Aviation has made a speculative investment at Colorado Springs Airport aimed at attracting air cargo companies.

“We will continue our ecosystem expansion, powering even more flexibility in quoting and securing capacity as well as some tactical expansion into additional modes and methods of transportation,” said Greenscreens.ai CEO Dawn Salvucci-Favier.

Record levels of market volatility have sparked discussions and innovations around traditional contract terms in the logistics industry.

A recent FreightWaves Research survey found strong consensus among carriers and brokers/3PLs that spot rates are still a few months from hitting bottom, but that they’ll start to climb again in the second half of 2023.

The latest round of funding for Attabotics supports the 3D robotics firm’s goal to revolutionize legacy fulfillment centers across the supply chain industry.

Airlines and logistics companies realize air cargo business will be lower this year. Talk of a 2023 upturn is more based on hope than economic signals.

A former Department of Transportation employee in South Texas has been charged with bribery and extortion against a local trucking company.

Norfolk Southern says Paul Duncan will succeed Cindy Sanborn, who will leave her role as COO at the end of 2022. Also, Indiana Rail Road has named a new operating officer.

The benchmark price used for most diesel fuel surcharges ticked down a couple cents even as futures market are racing lower.

The International Brotherhood of Boilermakers’ refusal to ratify the latest deal sends the rail union back to the bargaining table.

Contracted tender volumes in Ontario, California, remain at their lowest levels since 2020, and markets in Illinois are struggling to recover from drops this month.

Cass said Monday that positive trends in freight shipments and expenditures are likely to turn negative year over year in December.

Agency leaders join fleet executives and drivers on demo rides and drives of PlusDrive, designed to make trucking safer, more fuel efficient, more comfortable, and better for the environment

Container volumes were up year over year in Savannah and Charleston, while crude oil exports set a record in Corpus Christi.

A new trucking themed children’s Christmas book; FedEx cuts jobs; Trucker Tools Kary Jablonski; deputy steal $400 worth of Pokemon cards

If Amazon goes ahead with mass layoffs to its retail division, the cuts could impact the firm’s e-commerce and logistics services.

Zero100 is educating industry professionals on not only how to recycle but to regenerate and use less in the first place.

Uber just rolled out several features ahead of the holidays, including a new Holiday Shop and an upgrade to Uber Connect.

The e-commerce boom of the last decade paired with ongoing supply chain disruption has caused an influx of logistical challenges for carriers of all sizes that is affecting the customer experience.

Flatbed trucking company Daseke announced Monday it is repurchasing the nearly 30% stake in the company held by its founder.

FedEx’s airline unit is taking down many flights to save money as it scrambles to counter a steep decline in shipping revenue.

Drop in imports from China in recent months comes on the heels of years of gains by exporters in the rest of Asia.

This week in Borderlands: Exports of Mexican-made trucks jump 17% in October; Pilot Freight Services expands in Texas; Trade X launches a platform for auto imports/exports in Mexico; and U.S. Border Patrol agents halt smugglers using trucks to transport migrants.

The automotive industry has been going strong while other sectors of the economy are slowing. What are some of the reasons for this and how long will it last?

The furloughs are set to begin in early December, and will be voluntary, the unit says.

FedEx Ground is unlikely to experience large-scale contractor defections during peak season despite dissatisfaction with the level of financial incentives to get them through the cycle.

Markets along the East Coast in the path of Tropical Depression Nicole are seeing relatively normal fluctuations in rejections in volume compared to previous severe storms.

Regional Rail, which is backed by infrastructure investment firm 3i, has acquired freight rail assets in western Canada that serve agricultural and energy interests.

The Department of Labor is seeking comments on its proposed independent contractor rule, and the trucking world is stepping up.

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.

Now ondemand on WHAT THE TRUCK?!? we’re focusing on business, employment, and mental health strategies to use during a bear market

After launching commercial services in California and Texas, Amazon Prime Air came out with a new delivery drone design.

CVSA is skeptical about whether third-party certification can alleviate delays encountered by roadside inspectors.

Silk Way West Airlines, a growing cargo operator based in Azerbaijan, and Alaska Airlines on Thursday signed contracts with Boeing for two freighters apiece — but that is where the […]

“We strategically positioned our carriers six months ago for the freight they are hauling today,” said the company’s senior director of capacity, Ivan Momchilov.

How does nearly three years as a nuclear machinist’s mate in the U.S. Navy prepare someone to be CEO of Wabash?

Now that awareness has increased and investments are being made, it’s time for forwarders to shift their focus toward seeking exceptional end-to-end digital shipping experiences that allow them to combine relationships and expertise with great tech.

If you’re not investing smartly in people and tech, you’re asking to be left behind. 

As far as aircraft go, the Douglas C-124 Cargomaster II was a vital waymarker for the U.S. Air Force in the years following the Berlin Airlift, when U.S. and British air forces began airlifting food and fuel to a blockaded West Germany after World War II.

PS Logistics said Thursday its fifth acquisition of the year will expand coverage in the Southeast.

Cheng Lu, ousted as CEO in an unannounced succession plan in March, is returning to autonomous truck developer TuSimple in his former role.

In this issue of the WTT newsletter: C.H. Robinsons latest layoffs; freight community offers roles for displaced CHRW workers; Truckersgiving comes to Love’s; more

TTD, a union coalition affiliated with the AFL-CIO, is asking Congress for regulation that would hold freight railroads to maintain sufficient infrastructure investments and workforce levels.

The U.S. Postal Service plans to freeze rates on Parcel Select Ground and new Connect Local services but will institute a big increase on First Class Package Service.

Dry van volume dropped significantly this month leading into the holidays, but reefer demand remains strong. Diesel price per gallon grows slowly, but the spread between wholesale and retail prices rises.

Container shipping fundamentals are not as bad as spot rates imply, says the head of the world’s fifth-largest ocean carrier.

“Container demand is expected to be under downward pressure due to considerable uncertainties,” HMM said in its third-quarter earnings release.

Radiant Logistics said Wednesday it needed more time to complete a restatement of financials and submit results to the SEC.

The U.S. Postal Service posted declines in package-delivery revenue and volume.

Target has unveiled a new store model geared toward omnichannel fulfillment that soon will become the standard design.

“You can’t challenge a piece of missing information that’s required; it’s either there or it’s not.”

RoadSync and Fullbay have a deal that should assist in more rapid payments at repair shops.

Euronet’s Dandelion payment network aims to cut out the middleman – and the cost – of cross-border payments.

Now ondemand it’s WTT live from Day 2 at F3 with special guests from Torc, Optimal Dynamics, Tansflo, TriumphPay, Primo and more

Trucking executives are hopeful the first half of 2023 brings a cycle recovery.

A Michigan jury has awarded $7.7 million to a man who was seriously injured in 2018 when the wheel came loose from a box truck heading in the opposite direction, jumped the median and crashed into the front of his vehicle.

Brokerage giant C.H. Robinson will focus its head-count reductions on upper- to mid-level management, sources say.

In a stunning announcement, an analyst and his company that could be seen as skeptical of XPO’s prospects won’t be tracking the company moving forward.

The first meeting of federal panel aimed at promoting women in trucking includes shots taken at a study that one member asserted downplays the prevalence of rape.

Nicole is forecast to move through Florida to Georgia on Thursday and then to the Carolinas on Friday.

Markets across the board have been seeing drops in both inbound and outbound volume since the start of the month.

On demand on WHAT THE TRUCK?!?
How Georgia Ports Authority is dealing with an influx of freight; OOIDA’s Truckers for Troops campaign; Autonomous truck ride and more

Contract logistics giant GXO posts a better-than-expected earnings per share and affirms its full-year targets.

Flatbed hauler Daseke said its trucks remain “booked solid” and that it will look to use cost and efficiency initiatives to improve results again in 2023.

Mexico stayed the top U.S. trade partner for September, accounting for more than $67 billion in cross-border commerce.

Both the railroads and the Brotherhood of Maintenance of Way – Employes Division say the extension will help all parties make the best decision on how to proceed with the outstanding tentative labor agreements.

Freight brokerages see more frequent bid events as opportunities to take market share.

Alphabet’s Wing this week teamed with DoorDash on a limited drone delivery service in Logan, Australia, where it has operated since 2019.

Guided by Emtec Digital, companies can expedite their digital transformation by implementing robotic process automation and intelligent automation, allowing for enhanced operational efficiency and productivity.

Carriers and shippers ignoring the middle mile could be leaving money on the table.

The Ukrainian aircraft manufacturer Antonov said it expects rebuilding the aircraft destroyed by Russian fighters to cost at least 500 million euros.

Boeing on Wednesday issued a bullish 20-year outlook for the freighter jet market.

Cargo misdeclaration may save a shipper money on freight rates, but this underhanded act threatens the lives of those who provide the transportation.

“If this legislation were to pass, the big carriers would be able to pressure shippers and receivers to load their drivers who are on the clock sitting at the loading dock,” Lewie Pugh, OOIDA executive vice president, said.

High utilization rates show a demand for rail cars, executives for FreightCar America said during a third-quarter 2022 earnings call Tuesday.

Mark Russell has been selling converted options in Nikola daily since mid-September, which is not a good look for a company CEO.

The idea that America has a truck driver shortage isn’t going away so easily, and it’s shaping major policy.

Truck driver Leland Schmitt’s bid to be exempt from federal work rules was denied by regulators.

Two key sellers of diesel fuel see supplies being tight but in a market that can adjust to help ensure supply.

According to FreightWaves’ Net-Zero Carbon analyst Tyler Cole, “inglorious” work lies ahead for port sustainability advancement.