News

Contract rates still face downward pressure, especially for live/live loads.

Industrial developer Logistics Property Co. plans to open a two-story, 1.2 million-square-foot warehouse in summer 2024 — the first of its kind in Chicago.

Since founding as Kargoo in 2018, Los Angeles-based Shappi has raised $3.2 million to digitize the process of getting goods from the United States into the hands of consumers in Latin America.

Cargolux is sticking with Boeing over Airbus for replenishing its 747 freighter fleet. On Wednesday, it ordered 10 modern 777-8s.

A highly regarded survey of less-than-truckload shippers showed Peninsula Truck Lines was the top overall provider based on value and loyalty.

Driver recognition helps Shaw Industries maintain and build customer relationships.

New disclosures by Asian ocean carriers confirm that container shipping lines remain extraordinarily profitable.

The benchmark DOE/EIA retail diesel price recorded the third biggest increase in the history of the series.

California truck driver Jesus Manuel Salgado is facing four counts of first-degree murder. Salgado is accused of kidnapping and killing four family members from their trucking business.

Bay and Bay sells its tank transportation business to the largest food-grade hauler in the U.S.

Air cargo is a premium shipping mode. Companies that want fast, reliable transfers are also seeing lease rates shoot up for logistics facilities near airports.

Plans to order more inventory have fallen to a record low, according to Morgan Stanley. There’s far too much stuff and not enough demand.

The U.S. Department of Energy changed its methodology for determining a benchmark diesel price back in June — and now discloses what that means.

After a monthlong decline in volumes from Southern California, they begin to tick upward this week, and spot rates from Rotterdam to New York rise 8.4%.

Despite reports that U.S. imports are slowing down, South Carolina Ports reported a nearly 11% increase in overall volumes in September year over year.

A new proposed independent contractor rule from the Department of Labor could increase costs for trucking as well as for Uber and Lyft.

Updated ATRI research shows that a truck driver who disobeys traffic signals leading to a crash is 243% more likely to have another accident.

TA Services announced that it has acquired California-based broker KPI Logistics.

Joby will work with Delta to build a service that uses autonomous drones to take passengers to and from the airport.

Embattled ultrafast delivery service Gorillas could be acquired by Getir, according to sources.

Walmart is converting an Atlanta fulfillment center and letting go of nearly 1,500 warehouse associates.

FreightWaves and Revenova announce a partnership that will benefit mutual customers.

Delta Air Lines and South American carrier Latam Airlines have become partners, creating opportunities to streamline their cargo networks.

Labor negotiations and rail service issues dominated an otherwise quiet third quarter.

XPO Logistics announced the spinoff of its brokerage unit has been blessed by its board with share distribution scheduled for Nov 1.

Cummins Inc. adds Minnesota to a growing list of global sites where it is manufacturing electrolyzers for green hydrogen.

NFI Industries acquires container drayage and warehousing provider MCO Transport.

The Lakeland and Jacksonville markets are both recovering from Ian, but tender rejections remain relatively high. Retail diesel prices are swinging back up, collapsing the spread between retail and wholesale.

Port Houston recently ordered 29 container cranes for a total of $106.1 million.

Demand for Asian goods began dropping earlier this year. This is now having a delayed — and highly negative — effect on U.S. imports.

Members of rail union BMWED have rejected a tentative contract deal with U.S. railroads.

China-based Zongteng Group has acquired a large cargo jet to enhance its global e-commerce logistics distribution capabilities.

Reliance Partners’ Brian Runnels discusses the trickiness of lanes.

In a bid to reduce carbon emissions, Amazon will use a massive investment to add thousands of electric vehicles in Europe.

How intermodal drives Formula 1; worst Halloween candy and FreightTech; the latest in marketing automation and more on demand on WHAT THE TRUCK?!?

Freight brokers and 3PLs should focus on accommodating carriers’ technology needs in order to improve service levels.

Deutsche Post DHL posted strong gains at its Express, freight forwarding and supply chain units.

AskWaves looks at some of the challenges in the long-haul segment of an LTL network.

Via.Delivery continues to grow its buy online, pickup anywhere business, adding iconic retailer Perry Ellis and its associated brands to its shopping options.

FedEx goes big with a record GRI. UPS, facing a spike in labor costs, may go bigger.

As search-and-rescue efforts continue in areas decimated by Hurricane Ian, nonprofit trucking groups are banding together to help survivors of the Category 4 storm.

A Cowen panel lends support to transitioning a trucking company to a brokerage company as a path to compliance with California’s AB5 independent contractor law.

This week in Borderlands: new customs requirements in Mexico complicate the trade industry; U.S. rail manufacturers accuse China and Mexico of unfair import pricing; the Port of Corpus Christi partners with Mitsubishi for an ammonia plant; and FedEx offers discounted rates to shippers in Mexico.

The truckload market is already experiencing a rapid deterioration in pricing. How long until the LTL market recognizes this inevitability?

Ocean carriers will be subject to stricter requirements when they charge shippers fees on late containers if a proposed rule is adopted.

FedEx Ground cited weakening macro conditions in reducing its holiday demand forecast.

Warehouses are turning loss to profits with CartonCloud’s WMS.

Hurricane Ian boosted spot rates in the southeast over the past 10 days, but as rejection rates and volumes decline, when will spot rates on a national level take another step lower.

Supply chain startup Altana Technologies has completed a $100 million Series B raise.

After reaching a six-month high in outbound demand, volume in Chicago is on a steady downward stream, and both major markets in Pennsylvania are also experiencing declines.

Air Canada is giving shippers more airfreight options in the Americas, thanks to a new converted freighter.

The logic and logistics behind same-day delivery; how one company is reinventing how drivers get paid; hotshotting in Houston; and end-to-end automation between carrier booking and customer booking

Three years after launching tests of its driverless Scout robot, Amazon halted work on the project.

Romeo Power founder Michael Patterson shares what happened at the startup battery maker as a cautionary tale for other SPAC-backed startups.

Truck transportation jobs in September dropped by an amount exceeded in the last 10 years only by the start of the pandemic.

Elon Musk tweeted that Tesla is starting production of its Semi electric commercial truck.

Railroad intermodal volumes are down, but consumer spending remains relatively strong. Carloads of coal are up, but forest products are down. Whether these volume changes reflect broader macroeconomic slowing remains less clear.

Air cargo professionals figured business would take off after the summer lull. Turbulent economic conditions and pre-buying have prevented that so far.

The shift in the work environment sparked the leadership at J.B. Hunt to include a flexible work schedule for truck drivers, allowing them a fair and enjoyable work-life balance.

Woodlawn Partners leads the debt and equity co-investment with Monroe Capital.

Volvo Trucks North America is making vehicle as a service mandatory for buyers of its Class 8 electric trucks.

Slack delivery capacity could finally give Amazon the incentive to insource volumes handled by UPS.

In this issue, markets continue their collapse; Amazon drivers delivering during Ian; man rides on back of semi for 100 miles; robot french fry apocalypses; Tesla ditches sensors; and more.

Dallas, Cincinnati and Denver are all experiencing upward trends after outbound volume lows.

Federal regulators say there is not enough data to justify an exemption for pulsing brake lights on trucks

Authorities confirmed that four family members, including an 8-month-old girl, were found dead in an almond orchard Wednesday, two days after they were abducted at gunpoint from their trucking business in Merced, California.

Major ocean carriers are likely to survive the ongoing dip in shipping rates. But other companies may soon struggle.

Workers, including truck drivers, have walked off the job at two Sysco facilities in the Northeast.

Despite an economic slowdown, Walmart is putting money into automating its grocery fulfillment operations with Alert.

Pritzker Private Capital is buying family-owned Kenco, ending its 72 years as an independent company.

Cleo Integration Cloud is a blend of both internal and external integration systems types, providing users with a self-service platform to connect their internal ecosystem of back office and cloud-based enterprise processes with trading partners through its any-to-any transformation engine.

Jake McPaul, who led Misfits Market’s logistics operation during the COVID-19 pandemic, will lead Warp’s new Fresh Freight division.

Canadian railway CN says it is positioning assets and adding more horsepower in order to keep the network fluid during extreme winter weather.

Los Angeles airport is finally moving forward on an ambitious project to overhaul its sprawling cargo terminals.

Shipping adheres to a time-honored tradition: When shipowners make exceptionally high profits, they order a lot of new vessels. When those newbuilds are delivered by the yards, it kills shipowners’ […]

Radiant Logistics announced Wednesday it has acquired a strategic operating partner in Minnesota.

Diesel prices soared Wednesday at a rate far higher than crude as traders reacted to a report of tight inventories.

As Southern California is the heartbeat of outbound truckload volume, the significant decrease in freight coming out of the region reflects in national freight volumes; maritime booking volume from all ports in SONAR Container Atlas are down 20% from this time last year.

Radiant Logistics will restate financial results for 2021 and the first three quarters of 2022, according to a filing with the Securities and Exchange Commission.

On WHAT THE TRUCK?!? Dooner and The Dude breakdown Trevor Milton’s episode of American Greed, look at collapsing ocean rates, and find out what loads earn the biggest paydays

FreightWaves and Hubtek are partnering to offer SONAR data in Hubtek’s TABi Connect.

The outlook for truckload demand is flat to down and more capacity continues to enter the market, according to Uber Freight senior economist Mazen Danaf.

A new law in California will restrict the imposition of detention and demurrage charges that can be levied in the state.

Medical drone delivery specialist Zipline began flying commercially in Utah this week after months of testing.

The Surface Transportation Board logged over 25 hours last week to hear from stakeholders about the advantages and drawbacks of the proposed Canadian Pacific and Kansas City Southern merger.

Automaker Volkswagen is opening a new shipping hub in South Texas to import more than 140,000 vehicles a year.

All the essential tools for shipping are centralized on Mothership’s dashboard, creating unmatched reliability and efficiency in your final-mile supply chain.

FedEx Express and the union representing its pilots on Wednesday filed for federal mediation with the National Mediation Board to help unglue contract negotiations that began in May 2021. The […]

The founders of SaferWatch have joined forces again to launch Carrier Details, which aggregates federal carrier data for clients’ operational and sales use.

After nearly a year of accepting only orders they were sure they could build, heavy-duty truck OEMs fully opened orderbooks in September.

Mexico’s over-the-road freight market has a forecast CAGR of 9.91% through 2027.

A proposal to allow regulators to review hair tests to screen truck drivers for drugs faces strong opposition from large groups of truckers.

Gatik has removed the safety driver from daily routes it is running for Loblaw Companies in Canada.

American Train Dispatchers Association members have approved the new labor contract with freight railroads by a 64% majority vote.

The U.S. Postal Service on Tuesday set its cutoff dates for shipments to be tendered in time to be delivered by Christmas Day. Shipments moving under the Postal Service’s Retail […]

Transportation capacity increased for a sixth consecutive month in September with prices falling for a third straight time, according to data released Tuesday. The Logistics Managers’ Index (LMI), which is […]

The reefer market in Milwaukee is the primary driver behind its demand, and in the last year volumes are down 59%. Ocean spot rates from China to both U.S. coasts drop even further as the fourth quarter starts.

After years of collaboration, the Commercial Vehicle Safety Alliance has figured out how to inspect autonomous trucks for safe operation.

Boeing 737-800 passenger-to-freighter conversions are selling like hotcakes. A Japanese-owned leasing company snapped up six more slots.

FedEx acquires 7.9 million shares at a cost of $1.5 billion.