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Truckload carrier Ascend announced the acquisition of Wisconsin-based Fuchs Trucking, a regional carrier with 96 trucks and 90 drivers. (Photo: Fuchs Trucking)
Forum Mobility, a startup in California, is focusing on zero-emission transportation by creating more charging facilities and offering EV trucking-as-a-service to drayage carriers.
Some VLGCs carrying propane and VLCCs carrying crude have joined LNG carriers in shipping’s six-figures-per-day club.
Daimler Truck North America is taking no chances that a brake module corrosion issue is more widespread than it thinks.
FedEx will suspend money-back guarantees on U.S. and air export next-day air shipments for nearly three weeks.
FreightWaves unveiled two new features in SONAR at the F3 event, and container spot rates from China dropped further.
Meet ‘From Source To Sold” co-author Radu Palamariu; Veteran trucker shares his stunning truck pics; F3 recap and much more on WHAT THE TRUCK?!?
Higher revenues in Q3 weren’t enough to offset a 30% increase in operational expenses for western U.S. rail carrier BNSF.
Amazon has completed 5 million deliveries with Rivian’s custom electric delivery vans since the program launched in July.
Ouster and Velodyne have seen their stock prices tumble this year, but can a merger between the two lead to a turnaround?
Werner Enterprises announced the acquisition of freight broker ReedTMS Logistics for $112.4 million. The deal also included a small dedicated carrier.
This week in Borderlands: A cyberattack disrupts Mexico’s transportation systems; Heniff Transportation acquires a Texas tanker carrier; Bendix expands in Mexico and the CBP seizes $24 million in drugs the border.
FreightWaves new spot rate forecast supports a slow start to trucking’s peak season.
The rail division of the International Association of Machinists and Aerospace Workers will ratify the latest tentative labor agreement between itself and the freight railroads.
The Port of Houston announced it will begin implementing fees for long-dwell containers beginning Dec. 1.
Cargo continued to dominate the passenger side at Korean Air during the third quarter.
As the new CEO at TrandeLens, Kim Spalding joins the ranks of the 19% of women in C-Suite positions in the supply chain industry.
Good news for shippers is bad news for airlines as cargo demand and rates retreat again in October.
Railcar manufacturers expressed five themes in recent earnings calls. Their consensus: There is still much to be upbeat about.
DHL Express’ tariff hike will exceed the increases by FedEx and UPS.
Echo Global Logistics said it has acquired Fastmore Logistics, a brokerage with a specialized carrier network and expertise selling to international freight forwarders.
October hiring in the truck transportation sector took a surprising turn upward in October, according to BLS data.
Agricultural shippers urge Congress to take action to prevent a rail strike while Canadian Pacific has a banner month for moving grain in October.
While Amazon continues to dominate Walmart in online sales, when customers are looking for groceries and other everyday items, they turn to Walmart.
Class 8 truck orders remained strong in October, but lower profits at truckload companies may cool bookings.
Trucking officials talk about survival lessons they’ve learned from previous freight recessions.
Fleet growth will be held steady as the truckload carrier pivots back to a more traditional model.
Terri Creech, head of product and learning at Amazon Freight Partner, spoke with Hannah McClellan, vice president of Amazon Freight, at the F3: Future of Freight Festival about Amazon Freight’s plans to invest billions on safety-related investments for its trucks and trailers over the next few years.
The $3.3 billion acquisition of Meritor Inc. took a bite out of Cummins’ Q3 earnings as did underperforming joint ventures in China.
project44 has secured $80 million in funding to create a system to measure supply chain emissions globally.
Europe must replace all seaborne crude imports from Russia within the next few weeks. Crude tanker owners stand to gain.
The 2023 list saw a mix of award mainstays and brand-new names. Nos. 1 through 7 all claimed their fifth straight award — meaning they’ve found their way on the FreightTech 25 each year since 2018, when the series was founded.
Cargojet is better protected from an economic downturn than airlines handling general air cargo because of e-commerce and deep partnerships.
Hamilton County’s mayor sits down with FreightWaves to talk logistics and the growth of Chattanooga, Tennessee.
Holiday sales will decline by up to 50% from 2021 levels, but they will still be healthy despite macroeconomic concerns, according to the National Retail Federation (NRF).
La caída de las tarifas y el aumento de los costos están presionando a los transportadores, dice el cofundador del corredor digital en el F3
Nikola Corp. is laying off 7% of its workforce and slowing electric production because making more increases the loss.
Logistics real estate operator Link Logistics said “broad-based demand” further narrowed vacancy rates and produced record lease spreads in the third quarter.
Flexport sees lower spot rates giving certain retailers a pricing advantage at the store.
Eight companies took home Best in Show awards at FreightWaves’ F3: Future of Freight Festival.
DHL Supply Chain is placing bets on different emerging technologies to get a “green” fleet.
FreightWaves’ Grace Sharkey spoke with Chuck Price, founder of AI Kinetics, at the F3: Future of Freight Festival about the future of autonomous trucks and what infrastructure is needed before we can expect to see driverless vehicles on the nation’s highways.
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Transfix’s head of product talks about the company’s new contract structure at F3.
FreightWaves’ Mary O’Connell chats with Torc Robotics analyst Frank Mabry about his company’s vision for autonomous trucking.
Rosemary Coates, executive director of the Reshoring Institute, offers insights into supply chain issues during a keynote address Thursday at the FreightWaves F3: Future of Freight Festival.
San Francisco-based Loop wants to simplify logistics payments through a fundamentally different approach to technology.
CN boasts record Canadian grain volumes, Watco completes a Texas terminal expansion, and the Association of American Railroads and the Intermodal Association of North America detail volume ups and downs.
Convoy’s co-founder said he’s seeing an increasing number of smaller truck carriers parking their vehicles.
Werner Enterprises has built a model to perform on the downside of the cycle. Management believes the carrier may be better positioned to do so than in the past.
Technology firm Grip has emerged from stealth with a $2 million funding round and plans to reimagine direct-to-consumer perishable shipping.
Mexico approves ending daylight saving time
Less-than-truckload carrier Yellow Corp. navigates second year of volume declines amid network overhaul.
Diesel inventories are “running on fumes,” according to an industry expert Wednesday at FreightWaves’ Future of Freight Festival, but the week’s stock report was encouraging.
DHL and autonomous truck operator Embark discuss their partnership and the last hurdles for rolling out automated trucks.
Trucking brokerage founder and CEO Brittany Traylor talks about creating a startup — with help from software management system Turvo.
Tech company Transflo developed a new application that automates and streamlines mundane back-office processes to minimize risk of error, as well as allow companies to focus more on revenue generation.
Supply chain technology provider Trimble Inc.’s transportation revenue dropped 10% in the third quarter.
FreightWaves’ Craig Fuller and project44’s Jett McCandless discuss the challenges faced by founders.
Einride will be building electric vehicle charging stations to support Maersk’s deployment of its E-truck, starting with a facility near the Port of Los Angeles.
Harry Broadman said during a presentation at FreightWaves’ F3: Future of Freight Festival that technology can create jobs, just not the same type of jobs.
Los miembros del sindicato votan esta semana si ratifican el acuerdo provisional revisado
FreightWaves’ Daniel Pickett spoke with Garrett Wolfe, chief product officer of TriumphPay, at the F3: Future of Freight Festival about the company’s open payments network.
Investors behind Vietnam’s first domestic cargo airline, IPP Air Cargo, have grounded operations before ever taking off.
Maersk’s guidance implies fourth-quarter earnings will plunge 39% compared to the third-quarter peak.
The Coca-Cola Co., which sells everything from sodas to tea, coffee and more, is a 2022 FreightWaves Shipper of Choice award winner.
Heartland Express said recent fleet acquisitions will take three years to match the level of its legacy operations.
Journalist and bestselling author John Ibbitson’s keynote presentation kicked off the second day of the FreightWaves F3: Future of Freight Festival in Chattanooga, Tennessee, on Wednesday.
The deal announced Wednesday marks Ryder System’s second purchase of an e-fulfillment company in less than a year.
Mexican logistics systems are lagging and they need to be improved to capitalize on a great opportunity, Solvento CEO Jaime Tabachnik said at FreightWaves’ F3: Future of Freight Festival.
Forwarding income from operations was nearly cut in half and truckload prices to customers fell by double digits year over year.
E-commerce platform eBay has extended agreements for Pitney Bowes to continue providing cross-border shipping services to eBay customers.
Cargo revenues from Sun Country Airlines’ Amazon business were flat in the third quarter.
FreightWaves chats with a representative of the rail division of the International Association of Machinists about the labor agreement talks with the freight railroads.
“We understand that the transition from Kuebix to MyCarrier may seem stressful for some of our shippers, but Estes, Trimble and MyCarrier are committed to simplifying the process,” said President and CEO Rob Estes.
Most politicians are clueless about supply chains, so it’s a shame when industry veteran Mike Erickson runs for Congress and pins inflation on ocean carriers.
At the turn of the 20th century, Galveston, Texas, was a powerhouse in the maritime shipping industry and one of the wealthiest cities in the country.
FreightWaves’ Kaylee Nix spoke with Bill Driegert, co-founder of Uber Freight, at the F3: Future of Freight Festival about how carriers can navigate a volatile freight market.
Transportation capacity grew during October at the fastest pace captured in the history of a 6-year-old data set.
TravelCenters of America Inc. announced Tuesday it topped $2.8 billion in revenue for the third quarter.
The unit’s “space and pace” program will bypass the class-rates formula in favor of pricing based on dimensions and weight.
A dozen and a half companies presented their latest FreightTech solutions on the first day of the Future of Freight Festival.
Los transportadores dicen que la demanda de la temporada alta, los proyectos de carga, “nada de eso se materializó
Embark Trucks is expanding into several key markets to create a coast-to-coast autonomous trucking network of transfer locations.
Anthony Smith and Zach Strickland talk inflation and outsourcing in this special live session at FreightWaves’ F3: Future of Freight Festival.
FreightWaves’ Kevin Hill spoke with Steam Logistics executives Jason Provonsha and Steve Cox Tuesday at the F3: Future of Freight Festival about the 3PL’s efforts to end noncompetes in the freight industry.
Product-tanker share prices are up triple digits year to date as investors position for sanctions upside.
A leading expert on China’s economy says its formerly high growth rates aren’t coming back.
XPO announced Tuesday that it has spun off brokerage unit RXO, which is now a separately traded company.
IML: “Ni siquiera durante la recesión del transporte de mercancías de 2019 observamos que la capacidad se pusiera en marcha tan rápidamente
Numerous shippers are realizing that digitization can change their processes, making them stronger and better able to deal with and adapt to external forces.
Leasing companies are going bonkers converting used aircraft for cargo. As demand for air cargo cools, there could be a glut that lowers shipping rates.
Lean Solutions Group, a logistics staffing company that recently passed the 10-year mark, has been investing in technology to keep the company’s growth on track.
ArcBest beats expectations in a noisy third quarter. Tonnage declines and cost inflation during the fourth quarter will put the model to the test.
A permanent replacement for TuSimple CEO Xiaodi Hou is expected soon as the company chairman and the ousted founder exchange barbs.
A connected ecosystem supported by multiple stakeholders is the best answer to the fragmentation that drives up costs and hurts service, according to J.B. Hunt’s Spencer Frazier.
A keynote speech by former Notre Dame and NFL star Manti Te’o helped kick off the three-day FreightWaves Future of Freight Festival in Chattanooga, Tennessee.
Reshoring is the global sourcing and supply chain trend for the next decade, according to F3 keynote speaker and geopolitical strategist Peter Zeihan.
Amazon and payment provider Parafin are offering online sellers a cash advance offer with flexible repayment terms.
Forum Mobility, a startup in California, is focusing on zero-emission transportation by creating more charging stations and offering EV trucking-as-a-service.
