Chicago’s industrial net absorption rate down — for good reason
The city’s industrial real estate market is experiencing an acute supply shortage with little space to be found, according to a Colliers International report.
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The city’s industrial real estate market is experiencing an acute supply shortage with little space to be found, according to a Colliers International report.
A pair of trade associations wants the government to provide up to $5 billion to support massive redevelopment for cargo activity.
American Truck Associations President Chris Spear lived up to his last name in an annual address excoriating industry foes.
The benchmark diesel price used for most fuel surcharges rose a small amount after two weeks of bigger jumps.
Digital freight startup Convoy announced Monday that it is cutting more jobs, the tech giant’s second round of layoffs in the past year after slashing 7% of its workforce in June.
El Consejo busca la adopción generalizada de la norma con 29 empresas ya comprometidas
Ryan Gavin, director de crecimiento, dirigirá el nuevo grupo de negocios racionalizado orientado a los cargadores
Rolf Habben Jansen, CEO of ocean carrier Hapag-Lloyd, gives his take on the “bullwhip effect,” rates and global trade.
A single format for exchanging bills of lading data in the less-than-truckload industry will replace multiple electronic formats.
Ontario, California, outbound volumes have been trending up the last two weeks, while volumes in Joliet, Illinois, started to recover but have flatlined.
“U.S. merchants and marketplaces will need to look for new customers, and this may be a great opportunity to market to and acquire customers from beyond their borders in Q4 and into 2023,” said BoxC’s new director of business development, Mark Waverek.
On demand on WHAT THE TRUCK?!? inside the trivia supply chain with Ok Boomer; FreightCaviar on double brokering; what you need to know about LTL in fall ’22
Paccar Inc. is recalling late-model Kenworth and Peterbilt heavy-duty trucks because the digital dash system can freeze.
Transportation technology company InRange is developing durable trailer skirts to help reduce carbon emissions.
An infusion of $40 million will help Europe-based Shippeo expand its supply chain visibility platform in the U.S. and Asia.
FreightWaves founder and CEO Craig Fuller provides insight into 2022’s peak season.
Grammer Logistics said Monday it has acquired Logistics Management Resources, a 3PL serving the chemicals and industrial gases industries.
“At MSC, we want to continue to improve towage service efficiency and expand Rimorchiatori Mediterranei, building on the impressive work of the Genoese families that have developed the company the past 100 years,” MSC CEO Soren Toft said.
Railroad Workers United recently adopted a resolution calling for public ownership of U.S. rail infrastructure. FreightWaves chats with an RWU member on why the group wants the change.
A new survey of warehouse labor employment reveals tons of job openings, higher pay and better work-life flexibility.
UPS’ general rate increase is designed to offset elevated cost inflation.
This week in Borderlands: Mexico considers banning double tractor-trailers; New Mexico announces $72M air cargo facility; Texas seafood importer sues government for blocking shipment; and trucker receives nine-year prison sentence for drug smuggling.
Declining contract volumes may bring large carriers into the spot market, forcing spot rates into negative margin territory if they are not already there.
Soaring diesel fuel prices rank as the trucking industry’s most critical issue, knocking the driver shortage from the top spot.
Sick of earnings season yet? It’s this time of the quarter when I miss my old position as a sell-side stock analyst the least. For those looking to get caught […]
AskWaves checks in with DOT’s latest significant rulemaking schedule.
Hawaiian Airlines will begin operating Amazon Air’s largest cargo jets on the retailer’s biggest shipping lanes next year.
On demand on WHAT THE TRUCK?!? the guys are joined by project44’s Jett McCandless; plus GoPuff layoffs; winter truck prep; live music and more
Rallying employees to serve customers better will ultimately help CSX gain more business, the new president and CEO said during the company’s third-quarter earnings call Thursday.
Overall outbound volume levels out of Milwaukee are down this month, with the majority of the drop coming from reefer demand. Atlanta’s outbound volumes have trickled down this month, bringing down its market share.
Navarro Trucking Group, which pulled intermodal containers out of the ports of Los Angeles and Long Beach, has folded and filed for Chapter 7 bankruptcy.
Fulfillment isn’t as simple as it used to be. These are the five pain points giving e-commerce firms a headache.
Truckload carrier P.A.M. Transportation Services reported better-than-expected third-quarter results on Thursday after the market closed.
In a major move, Amazon is acquiring 10 large freighter aircraft for long-haul international transport and hiring Hawaiian Airlines to fly them.
Data centers and electric charging infrastructure share an insatiable demand for power. Neha Palmer understands both.
GXO Logistics is planning to lay off 262 employees from two warehouse operations in the Dallas area by Dec. 10.
More than 49 million Americans were victims of porch pirates in the last year, and that is leading to a push for more alternative delivery options.
Supply chain chaos has helped increase the cost of a new car by 25%. The automotive industry won’t let go of those profits anytime soon.
The National Motor Freight Traffic Association is moving to simplify how shipments are classified.
Fourth-quarter 2022 Freight Sentiment Index (FSI) numbers show near-term pessimism for carriers but slight optimism for shippers, 3PLs and carriers in the longer term.
America’s top truck safety regulator provides insight into what will be important at her federal agency as she closes in on a year in the driver’s seat.
A former bookkeeper from Missouri admitted she devised a scheme to defraud the Paycheck Protection Program while awaiting sentencing in an unrelated embezzlement case involving a family-owned farm and trucking company.
UP is keeping a “growth mindset” as it looks to 2023 despite economic headwinds and an unresolved labor situation.
Shipping lines face a minefield of surging capacity and sinking demand, but there is a path to safety, claims one industry expert.
Covenant Logistics announces in its third-quarter earnings release that Paul Bunn will be president and COO in the latest management changes.
South Florida Container Terminal has ordered 12 electric, emission-free, rubber-tired gantry cranes and welcomed the launch of CMA CGM’s Medgulf service at PortMiami.
Flexport is an international logistics provider that also acts as a bank for customers that need more liquidity when sourcing goods from overseas.
Nikola expects federal incentives to help pay for hydrogen development, a different scenario from its convicted founder’s hydrogen claims.
In this issue: Port of Los Angeles sees its lowest import volume since 2009; autonomous trucks come to Ikea; what truckers think of modern cabs; when bees attack; and more.
Imported container volumes to the Port of New York and New Jersey are up this week after a 27% decline, and outbound volumes in Detroit remain high but aren’t gaining any more ground.
Some numbers at the new network at TriumphPay were lower, but other key indicators were on the rise.
UPS has settled noncompliance claims with the Environmental Protection Agency at facilities in 45 states and Puerto Rico.
Companies have found other ways to navigate driver recruiting and retention efforts through marketing. Trucking Clicks is paving the way by providing value before and after the click.
“LuckyTruck would not be where it is today without Julie,” said founder and President Devin Bostick of new CEO Julie Zimmer.
Volvo Group posted solid Q3 results but said ongoing supply chain issues will cause shutdowns and raise prices.
The National Carriers’ Conference Committee signaled that freight railroads will reject the Brotherhood of Maintenance of Way Employes Division’s counteroffer on a new labor deal.
The air cargo market’s deceleration this year had a greater impact on third-quarter cargo revenues at American Airlines than its primary rivals, Delta and United Airlines. But the best revenue […]
Unifor, Canada’s largest union, opposes a federal supply chain task force’s recommendation to curb workers’ ability to go on strike.
As part of a companywide restructuring, Gopuff conducted another round of layoffs, primarily affecting its customer service team.
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
Ondemand on the show: WHAT THE TRUCK?!? heads to a University of Tennessee Chattanooga football game; Kodiak announces partnership with Ikea; do we need those stinkin’ barges?
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.