Cass: July trends ‘steady as she goes’
Cass data shows changes in freight shipments and expenditures during July were less volatile when compared to prior months.
Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
Cass data shows changes in freight shipments and expenditures during July were less volatile when compared to prior months.
DoorDash continues expanding its grocery delivery business, adding 420 locations through Grocery Outlet Holding Corp.
Airbus is so pleased with its first three Airbus A321 freighter conversions that it plans to add six more of the jets.
This year’s performance will not be as explosive as last year’s. But it will still be very good, a 3PL industry expert says.
The two eastern U.S. Class I railroads say they’re well on their way to meeting greenhouse gas emissions reduction goals.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Texas bridge expanding to include full cross-border commercial trucks; Mexico’s heavy-truck production, exports soar in July; Texas port receives $13.6M to renovate rail yard; and trucking company owner sentenced to prison for $12.7M fraud.
This week: University of Arkansas’ undergraduate integrated supply chain management program renamed in honor of J.B. Hunt; CFI wraps another truck for its “She Drives CFI” initiative; and Bendix helps build a new high school athletics facility in the new headquarters’ community.
Navistar is recalling 8,483 International LT and LoneStar Class 8 trucks because battery cables can overheat to 260 degrees Fahrenheit.
President Joe Biden plans to sign the Democrats’ inflation bill containing tax credits for all electric trucks — with a particular boost for last-mile delivery.
Fitness company Peloton plans to turn over all final-mile business to J.B. Hunt and XPO in the coming weeks.
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.
Outbound volume from northern California has jumped in August, and rejection rates have soared in Baltimore from increased volumes and protests at the port.
How supply chain bullwhips will impact peak season; getting vets jobs in trucking; truck load market breakdown and more on WHAT THE TRUCK?!?
A new name in electric truck charging and infrastructure broke cover this week with $1 billion or more in private equity funding.
UPS Airlines is keeping its pilots happy with a new contract extension.
Reliance Partners’ Robert Kaferle dives into FMCA’s DataQs system, what it is and why you should be eager to use it.
Eric Sauer, who has worked for CTA for more than 20 years, has become its new CEO.
EV maker Arrival, which has a 10,000 van order from UPS, said it would only produce 20 vehicles this year, down from an estimated 400 to 600 just one quarter ago.
A new survey found that while 66% of Americans trust online shipping networks to deliver time-critical items, some still avoid e-commerce in times of need.
There’s a new report out that should concern diesel buyers.
The most recent IEA monthly oil report outlines some forecasts that should concern diesel users.
According to an email sent by FourKites founder and CEO Mathew Elenjickal and acquired by FreightWaves, the board of the Chicago-based company has requested a full “product portfolio review to align with market realities.”
Federal regulators are considering a congestion emergency order to require carriers to share cargo data with shippers, railroads and trucks.
In this issue: port protests hit Baltimore; Ford’s drone trucks; world’s largest container ship; and do delivery apps deliver to trucks?
DAT accuses Convoy of contract violations. Convoy calls DAT a “monopolist” looking to thwart competition at any cost.
Detroit sees at least a 20% decrease in both inbound and outbound volumes, and imports to the Northeast are slow to transition to the truckload market.
Air Canada is moving quickly up the ranks of hybrid passenger-cargo carriers.
Daimler Truck posted improved revenue and income in Q2 but expressed full-year concerns because of Russia’s war on Ukraine.
Yang Ming summed up its second quarter and the first half of 2022 in about 150 words.
Hapag-Lloyd bookings point to a gradual unwind of the container shipping boom, not a crash.
Evolving recruitment marketing efforts in sync with the market.
Federal prosecutors on Wednesday dropped a fraud case against two former Celadon trucking company executives.
Lufthansa Cargo is increasing cargo capacity to key markets after adding a large 777 freighter.
Transport Canada is considering making the data collection of rail service metrics permanent — a move the Forest Products Association of Canada supports.
Shipping’s carbon footprint has only increased in recent years. Can we trust Big Oil to decarbonize the industry?
Cloud supply chain logistics firm Stord is adding drayage, reverse logistics and temperature-controlled fulfillment to its software.
Fertilizer shippers push for transportation reforms to help products compete amid ongoing supply chain disruption.
Maersk Air Cargo is preparing to start U.S. service that originates in South Korea.
Temporary Postal Service rate increases on peak-season parcel-delivery services will come down hardest on heavier packages traveling more than 601 miles.
Hyliion still depends on its hybrid electric booster for its revenue, but the orderbook expanded 11% for the Hypertruck ERX in Q2.
Philadelphia is a backhaul market that has switched to a headhaul market so far this year, and outbound volumes in Louisville, Kentucky, have reached their highest point since SONAR began tracking the market in 2018.
A survey on truck driver compensation by the American Trucking Associations showed the scope of the gains in driver pay over the last two years.
South Korean ocean carrier HMM expects “downward pressure” on demand growth in the second half of 2022.
Manna, an Ireland-based drone delivery company, will soon expand into the U.S. and mainland Europe.
Uber Freight shares their road map to autonomous trucking; what procurement says about the economy; freight story of the year so far on WTT
With the goal of becoming more competitive and efficient in today’s evolving truck transportation market, shippers are looking for large carriers for partnership from beginning to end.
Latam Airlines’ cargo division has expanded its European service, including a dedicated charter flown for logistics provider DB Schenker.
Recent filings to the board from various parties focus on wo bears the burden to show if or how Amtrak service between Mobile, Alabama, and New Orleans would affect freight operations.
Nikola Chairman Steve Girsky recruited Michael Lohscheller to lead Opel when Girsky was at General Motors. Now he’s done it again.
DOT officials are calling the start of data sharing among supply chain companies a ‘milestone’ event.
Mubadala Capital announces acquisition of Ontario-based Canada Cartage, one of the largest carriers in Canada.
E-commerce fulfillment platform ShipHero is adding Veho, a crowdsourced delivery provider, to its official delivery partners for e-commerce orders in Texas.
Switching out lighting in warehouses with 25-foot to 35-foot ceilings isn’t simple. But LEDs pack economic, labor and environmental benefits.
Driver turnover has been a challenge for trucking companies across the U.S. After implementing SHIPSMobile Content, companies are seeing improved driver retention and a reduction of the “hire, train and repeat” culture.
Tankers stocks are doing great. Dry bulk and container stocks temporarily stopped the bleeding. “Maxim stocks” still underperform.
UPS is cutting levies on heavier-weighted shipments out of Asia and the South Pacific.
Washington state is weighing options after agreeing not to appeal FMCSA’s preemption determination on the state’s truck driver meal/rest break laws.
The U.S. Postal Service has reported single-digit drops in shipping activity compared to last year’s more robust pace.
A longtime trucking executive says the Supreme Court’s decision not to review a C.H. Robinson case could transform trucking.
Despite economic headwinds, the rail car manufacturing market will find support in the second half of 2022 amid tight rail car supply and improving rail service metrics, FreightCar America executives said on an earnings call.
Jacksonville shows steady signs of its headhaul nature after backhaul activity earlier this year. Outbound volumes in Salt Lake City have decreased 11% in August.
Inside this edition: Know what the claims team needs to be successful; LTL quarterly results come in hot; and the tribe has spoken.
Workhorse Group recorded next to no revenue in the second quarter as CEO Rich Dauch’s transformation hits the one-year mark.
Quiet Platforms, the logistics arm of American Eagle Outfitters, is building brands a nationwide network of shared logistics assets.
Vietnam Airlines is moving beyond passenger business to fly cargo jets for the first time, with the help of a U.S. air services company.
An appellate court reversed a lower court decision and found that a one-time Schneider independent contractor was actually an employee.
Georgia Ports Authority kicks off the start of its new fiscal year with volumes at over a half million TEUs.
One year into its existence, GXO Logistics continues to find contract logistics is the right fit.
Mercado Libre is an online retailer with a private cargo airline. It is outsourcing air transport in Brazil to passenger airline Gol.
Trucking compliance solutions company co-founder Hunter Yaw explains the “today costs” of compliance programs.
The weekly DOE/EIA diesel price has dropped below $5 per gallon for the first time since March.
FreezPak Logistics and BG Capital are partnering to build $1 billion in new cold storage space in port-centric markets across the U.S.
Port congestion and voyage cancellations by shipping lines are preventing a steeper slide in spot container freight rates.
FedEx says it will move up the start date of its peak-season surcharges to Sept. 5.
Ongoing deflationary market conditions are likely to continue causing challenges for these spot-dependent carriers even as the fall and holiday freight surge approaches.
A traditionally strong backhaul market, San Antonio experiences headhaul market activity for the first time, and the amount of imports diverted to Gulf ports is being felt in the truckload market.
Florida-based Patriot Rail plans to acquire Denver-based Pioneer Lines. Both companies operate short-line railroads in multiple states.
Despite lower volumes in BNSF’s consumer, agricultural, industrial and coal segments, the railroad’s freight revenue rose to nearly $6.3 billion on higher revenues per carload.
On demand on WTT: it’s all about pain relief from trucker check calls, final mile planning, eating, and body discomfort
The South Carolina cold chain facility opening next year will handle Port of Charleston imports and exports of proteins, fruits and vegetables.
Convoy and FreightWaves experts discuss the effects that extreme weather conditions such as flash flooding have on truckers.
Purchase of the Bomi Group will dramatically expand UPS’ health care distribution network.
A vote to be represented by the Teamsters at an STG facility in California has taken place but the ballots have been impounded.
Lyft has created a media business unit that will target advertising revenue in vehicles, some of which could be shared with drivers.
The Surface Transportation Board’s Office of Environmental Analysis studied the potential environmental impacts resulting from a merger between Canadian Pacific and Kansas City Southern.
Improvements in rail service and “unparking” locomotives are market signals that could bode well for Wabtec in the back half of this year.
Los Angeles-based A2Z Drone Delivery has introduced a flexible new delivery system that can handle up to 22 pounds of payload.
Hyzon Motors, which went public a year ago in a merger with a blank check shell company, is the latest electrification startup in trouble.
Paccar Inc. recalls 54 Peterbilt and Kenworth models from the 2022-2023 model years because of faulty steering gear assembly.
AskWaves dives into the different sources of emissions for electric vehicles compared to fossil fuel-powered vehicles.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: CBP urges trade community to adopt electronic export manifest; GXO to close Fort Worth, Texas, facility, lay off 116 workers; FedEx Ground opening distribution center near Houston; and Hisun Motors Corp opens $105M plant in Mexico.
This week: Ally Logistics helps support reefs off the coast of West Maui, Carrier Logistics donates to an autism awareness group and CMA CGM drops the first of two buoys to help monitor the whale population off the East Coast.
A court-appointed receiver is working to get hundreds of truckers’ accounts receivable paid nearly three weeks after a legal feud between brothers led to the abrupt shutdown of CoreFund Capital, a Texas-based factoring company.
XPO recorded several records in its second-quarter earnings as it prepares to turn over Brad Jacobs’ CEO seat to Mario Harik.
Logistics technology provider Slync.io announced Friday it has fired Chris Kirchner as CEO and removed him as chairman of the company’s board of directors.
It looks increasingly likely that war-driven changes to global crude flows will persist for an extended period.
As technology catered to the transportation industry continues to evolve, players across the industry are becoming more aware of the importance of data security and transparency.
Outbound volumes from Ontario, California, continue to dive, while smaller markets such as Greenville, South Carolina, show signs of increase.
The convenience store chain has reportedly acquired delivery startup Skipcart and its network of 150,000 couriers.
Covenant VP of Sustainability joins WTT as co-host for this special electric truck edition of the show featuring solutions from Tandem, Hyliion, Nikola and more