Landstar reports solid Q3, comps to freight boom ahead
Broker Landstar System reported another strong performance in the third quarter. However, the company now comps to the peak of the freight boom.
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Broker Landstar System reported another strong performance in the third quarter. However, the company now comps to the peak of the freight boom.
A new online marketplace that automates the process of buying and selling pallets has launched with hopes of reducing costs for all.
An overview of F:3 Future of Freight Festival, Day 3.
Two driver/warehouse worker strikes against Sysco are either over or likely to end soon.
The air cargo market is full of contradictions. Shipments and rates are falling and a recession is looming, but business is better than in 2019.
Logistics and delivery companies are exploring how to optimize trips to multiresidence buildings like apartment complexes.
Knight-Swift Transportation missed analysts’ forecasts for the third quarter and dialed down expectations over the near term.
Tesla aims to build 50,000 units of the Semi all-electric Class 8 truck by 2024 at its factory in Nevada.
Trucking payments platform AtoB has laid off 30% of its employees, months after raising $155 million in funding.
A Yellow Corp. plan would consolidate two of its regional LTL networks with its YRC Freight national operation.
Southern California ports are being hit by double-digit import drops as the COVID-19 cargo boom winds down.
The U.S. and Ukraine have signed a letter of intent to facilitate private-sector investment in the war-torn country.
Logistics warehouse operator Prologis lowered expectations for 2022 but remains confident that any macro-induced decline in fundamentals won’t keep rents from growing again next year.
Dallas lost more market share by outbound volume this week as volumes continue to decline, and spot rates from China to the East and West coasts of the US dropped after a week of little to no change.
The Treasury Department announced sanctions Wednesday against several individuals and carriers linked to the Sinaloa drug cartel.
La experiencia inmersiva tendrá lugar del 1 al 3 de noviembre de 2022
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FreightWaves and ZUUM are partnering to make SONAR data available to mutual customers.
Uncertainty in the supply chain and commodity price vagaries are stretching out trailer orders beyond traditional cycles.
Freight and passenger rail carriers must develop actionable items to prevent a cyberattack from crippling the rail network, according to a new TSA security directive.
HyperTrack’s new Playground feature simulates a delivery environment for customers to test out last-mile strategies.
Auctane, which counts ShipStation among its shipping brands, has reached an agreement with the U.S. Postal Service to offer customers the best rates available.
Prologis posted record results during the third quarter but reeled in guidance given “an uncertain economic backdrop.”
An overview of Day 2 of F3: Future of Freight Festival.
Fleets seeking a readily-available and proven solution to reduce heavy-duty truck emissions are increasingly turning to renewable natural gas
As container shipping stocks get battered by collapsing rates, tanker shares could be poised for a long bull run.
J.B. Hunt Transport Services beat third-quarter expectations Tuesday but said that cooling freight demand will place greater scrutiny on cost control moving forward.
Embattled FreightTech platform Slync.io has named John Urban as CEO and chairman of the board, replacing Chris Kirchner, who was fired on Aug. 5.
United Airlines continues to deliver strong cargo results each quarter even as global trade softens.
RXO, the stand-alone brokerage company about to be spun off by XPO, has received a near-investment-grade rating from S&P.
J.B. Hunt Transport Services beats third-quarter expectations on improved intermodal and dedicated results.
Volumes out of Seattle are trending up this week after reaching a two-year low, and diesel prices are up more than 30 cents since the start of the month.
Teamsters General-President Sean M. O’Brien and Secretary-Treasurer Fred Zuckerman will take the lead in upcoming UPS contract talks.
Better Tomorrow Ventures’ Jake Gibson says LogRock is “well positioned to help fleets save real money by staying off the FMCSA’s radar and steering clear of avoidable court cases.”
The South Carolina Ports Authority will join other major East Coast ports in providing near-dock rail via the planned Navy Base Intermodal Facility at the Port of Charleston.
Port Houston reported a 26% year-over-year increase in cargo volume in September.
Netradyne’s scoring system incentivizes safety through competition.
An Amazon warehouse in Upstate New York will not become the second to unionize after workers vote no.
Supply chain disruptions and inflation have changed consumer behavior and retailer strategies, leading to a longer holiday shopping season.
An overview of Day 1 of F3: Future of Freight Festival.
From transportation capacity and labor constraints to changing order profiles and more frequent disruptive events, maintaining predictable and cost-effective material flows has never been more complex or challenging.
Aerospace engineering firm Mammoth Freighters hasn’t built one converted freighter yet but is already adding capacity to meet demand.
Mexico is considering ending daylight saving time, which could add time and money to cross-border freight shipments.
XPO Logistics issued long-term financial targets for its less-than-truckload segment and its brokerage unit, which will be spun off next month.
The benchmark diesel prices used as the basis for most fuel surcharges has gained back more than half of an earlier big decline.
First-to-report Marten was solidly better than a year ago but with some signs of a slowdown from the second quarter.
Higher interest rates and a cautious macro outlook have curbed logistics warehouse growth but have hardly stomped it out.
Airbus is establishing a for-hire cargo airline using super-jumbo jets that previously hauled aircraft fuselages and tails for its own supply chain.
An overview of F3: Future of Freight Festival and the key speakers.
Imports to the Port of Houston saw an increase in the first week of October, bringing up truckload volumes. Fall produce in Spokane, Washington, builds demand.
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DroneDek and A2Z Drone Delivery are integrating DroneDek’s “mailbox of the future” with A2Z’s Rapid Delivery System drone solution.
Promoting competition, Laredo’s rail conversion potential and passenger rail in Louisiana were among the themes explored in the second half of the seven-day hearing proceeding on the CP-KCS merger.
Two key provisions in the Department of Labor’s proposed independent contractor rule could pose problems for transportation companies.
Carriers facing cost and margin pressures are unlikely to back off holiday delivery levies, analysts say.
Federal regulators have not renewed a work rule exemption for truck drivers responding to the pandemic, a move supported by ATA and truck safety advocates.
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This week: J.B. Hunt launches a scholarship program for employee dependents and grandchildren, Maersk’s rainbow container is enjoyed by employees in Cape Town, South Africa, and Schneider receives its 14th Ride of Pride truck.
Nikola founder Trevor Milton on Friday was found guilty of three counts of fraud and will be sentenced Jan. 27.
Declining imports have led to fewer container ships waiting off ports, injecting more capacity into the market, a negative for spot rates.
Imported container volumes to LA are up this week after taking a drop in the beginning of Q4, allowing the surface transportation market to start to recover leading into peak season.
Delta Air Lines’ cargo division had a Goldilocks third quarter: not too cold and not too warm.
On this episode of the podcast: how college game day starts with a truck; a trucking apparel and charity brand; what’s UCR; driver training and more
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.
If Kroger’s acquisition of Albertsons holds up with the FTC, the companies could be on the verge of a logistics power play.
Thursday was a busy day for aircraft conversion deals, with leasing companies placing deposits to get passenger aircraft changed into freighters.
TruckWings, the aerodynamic invention of Daniel Burrows, has more value than just the half-billion miles of on-road experience.
Cass data was positive year over year in September but the report suggests the trend is set to reverse.
Each year carriers must pay their Unified Carrier Registration fees, and failure to do so could result in significant penalties, including suspension of vehicle registrations.
Businesses looking to expand their diverse-owned supplier base may find success by turning to local businesses.
Supply chain planners will walk a precarious path in 2023, according to S&P Global transportation expert Paul Bingham.
The Trevor Milton fraud trial heads for jury deliberations Friday following invective-tinged final arguments.
The National Conference of Firemen & Oilers voted by a nearly 59% margin to approve its labor agreement with the freight railroads.
Demand peaked over the summer in Detroit, but volumes are taking a sharp drop this month; and Nashville sees a major upswing in Q4.
Waypoint provides a space for soldiers to find an outlet and camaraderie in shared traumas and experiences, creating opportunities for healing and restoration and the opportunity to live life to the fullest in honor of those who lost their lives.
Reliance Partners’ Robert Kaferle details the gear every trucker should have to survive an emergency situation this winter.
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Maersk, a major container shipping line, is set to debut its U.S. air cargo service and has focused its resources on the Chicago area.
Although Hurricane Ian dented volumes at Georgia’s ports, Georgia Ports Authority still saw quarterly volumes grow by 9.6% year over year.
Autonomous trucking technology companies share the belief that driverless big rigs will help alleviate many of the industry’s biggest problems, from driver shortages and turnover rates to rising insurance, fuel […]
A Texas cold storage facility at the center of a massive beef recall recently laid off 64 employees.
The world needs American energy and fuel — badly. And the barges carrying those goods can’t get through fast enough.
Freight broker Transfix announced it has terminated plans to go public. Instead, it will seek private funding from current investors.
A labor agreement with U.S. freight railroads passed the latest ratification test with members of the mechanical and engineering division of SMART-TD voting to accept the contract.
GXO Logistics plans to add 22,000 employees to support the holiday shopping season, with many of the positions extending into the new year.
The Volvo VNR Electric lacks a nifty interior, but two extra battery packs add serious range on a single charge.
While earnings estimates remain largely intact for 2022, a September slowdown pushed analysts to take another look at 2023 forecasts.
Mexico ranked as the United States’ top trading partner in August, accounting for $70.3 billion in cross-border commerce according to the most recent data from the U.S. Census Bureau. It […]
PayCargo won its trademark case against CargoSprint, which was hit with $11.6 million in damages.
Reefer volumes in Illinois remained elevated throughout most of October 2021. Although they were up leading into October this year, reefer volumes have since dropped significantly.
Kenan Advantage Group (KAG) subsidiary KAG Logistics (KAGL) announced Wednesday the acquisition of Canadian 3PL Connectrans Logistics. Financial terms of the transaction were not provided. Based in the Toronto area, […]
More than a dozen recent job postings signal that TikTok is looking to build fulfillment centers in the U.S.
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While consumers are indicating they may be spending less on holiday shopping this year, many merchants are expecting something different.
The Learnship Sprint program is designed to teach employees industry-specific language to increase workplace productivity.
Canadian carrier Bison Transport announced Wednesday it will be acquiring Pottle’s Transportation on Oct. 31. Financial terms of the transaction were not provided. Hermon, Maine-based Pottle’s operates a truckload fleet […]
Canadian railway CN and International Brotherhood of Electrical Workers members who are part of CN’s Canadian operations have a new labor contract at hand.
More than 300,000 current and former Instacart workers will receive a payout in the San Diego gig worker case.
Contract rates still face downward pressure, especially for live/live loads.