News

Mediterranean Shipping Co. is taking to the skies with a new cargo airline, following on the heels of other ocean shipping lines with air divisions.

FarEye is working to create a shared ecosystem of delivery data, helping brands of all sizes reduce final-mile costs.

Danny Gomez and Tyler Cole, who have both hosted FreightWaves’ Net-Zero Carbon over the past year, discuss what they have learned.

The hurricane could hit central Florida later this week, causing Tampa-area port facilities to brace for Ian’s impact.

Florida Gov. Ron DeSantis is waiving trucking restrictions as Hurricane Ian tracks into Florida.

ALAN begins mobilizing effort for Ian’s projected arrival.

One market-breaking sale will no longer cut it. Amazon is introducing a second Prime Day-like sales event.

BlackBerry isn’t in cellphones anymore, but its Radar division is in the middle of the market-share battle in asset tracking.

Algorithm-driven insights help fleets strategize their operations better when faced with rapidly changing weather conditions.

Hurricane relief trucking is filled with chaos and disruptions to normal operations and requires specialists that can handle the massive surges and lack of forward planning.

Nikola Corp. is recalling 93 trucks — all it has built to date — because of improper installation of seat belt shoulder anchorage assembly.

Navistar is recalling 8,002 more trucks for a connecting rod defect discovered in 2020, bringing to 23,802 the number of trucks included.

Hurricane Ian could bring a 10-foot storm surge into Florida’s Tampa Bay area.

Supply chain disruptions and higher inventory costs have industry participants looking to stretch working capital more frequently.

AskWaves checks in on the latest sentiment from the trucking industry on the effectiveness of ELDs.

This week in Borderlands: Mexico truck makers break an export record in August; trucks moved $44 billion in U.S.-Mexico cross-border freight in July; Kia announces a $408 million expansion to grow its operations in Mexico; and an autonomous vehicle technology maker plans a factory in Mexico.

The ghost of Paul Volcker is stalking truckload carriers as Fed Chairman Jerome Powell looks to his mentor’s 40-year-old strategy to quell inflation. The lagging impacts from the recent interest rate hikes will inevitably erode demand several months into the future.

AskWaves looks at what carbon calculators are and why potential and existing customers of freight rail might benefit from them.

Chapter 11 bankruptcy proceedings for trucking company Wyotrans have taken a rocky turn after two of its largest secured creditors claim they haven’t been paid in two months for leased or rented equipment being used to haul freight and that the carrier is behind on insurance premium payments.

Nikola CFO Kim Brady testified in Trevor Milton’s fraud trial that the founder’s statements “could be inaccurate or exaggerated.”

The ports of Halifax and Saint John are taking steps to protect operations as Hurricane Fiona approaches Atlantic Canada.

Darden, the parent company of Olive Garden, Longhorn Steakhouse and others, doubled down on its no-delivery policy.

Championship worthy truckers; toll management; what you need to know about wheels; trade with Mexico; drone delivery and more on WTT

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 volumes from Detroit are back to their highest levels on record since 2018, and the spread in intermodal rates between Atlanta and LA is its lowest since 2021.

Acting FMCSA Administrator Robin Hutcheson was unanimously confirmed as the agency’s seventh administrator.

An increase in vessels calling on the East Coast and Gulf Coast ports is adding to wait times, which increases the delays of materials needed for manufacturers to complete their products or get finished products on store shelves.

Daseke announced Friday a transition at the CFO position and that it expects to achieve its previously announced 2022 financial targets.

A few days in Germany revealed an inconvenient truth about real-world applications of battery-electric and hydrogen-powered trucks.

In a Q&A, supply chain industry executives provide their thoughts on the Securities and Exchange Commission’s proposed climate disclosure rules that could put retailer pressure on fleets to share emissions data.

Union Pacific and the Railway Supply Institute are among those forming partnerships, while the CREATE Program gets a $70 million federal grant.

Boeing CEO David Calhoun is outspoken about how governments are making environmental and economic policy.

UPS has launched a program to offer one consolidated rate with no surcharges. However, experts said shippers may end up paying more compared with the traditional pricing plan.

Predictive maintenance offers reprieve from expensive roadside crises

FedEx will cut 11% of trans-Pacific flights, 9% of trans-Atlantic flights and 17% of Asia-Europe capacity.

East and Gulf coast ports handled more volume than ever before in August, pulling far ahead of West Coast rivals.

In this issue of the WTT newsletter: rail workers still want to strike; Nikola’s Trevor Milton intervention; pre-trips go VR; best states for drone delivery

FedEx announces a 6.9% tariff rate increase for all of its services except LTL.

Just a few days after the state of California tried to keep OOIDA out of the ongoing AB5 case, a judge has let the group in.

One additional paid day off and three medical leave periods are provided in the tentative rail agreement, but there are limitations.

Imports to the Port of New York and New Jersey are down this week, causing the Elizabeth, New Jersey, truckload market to soften. Shipments worldwide are down more than 33% since July 1.

Reliance Partners’ Brian Runnels wades through the weeds of the driver pay debate.

Federal regulators are considering a proposal first ordered by the Obama administration that could change how trucks undergo safety inspections.

“Not only do we collect more data than other freight providers, we go one step further by distilling that data into interactive dashboards that surface anomalies shippers can act on to save time and money,” says Convoy’s Dorothy Li.

Retailers are coming together to send demand signals for zero-carbon shipping fuels.

Effective partnerships improve recruiting and retaining efforts across the industry.

Two zero-emission-vehicle initiatives were announced at a meeting of the Intermodal Association of North America, just about the time the state was releasing its Clean Fleet rules.

FreightWaves founder and CEO Craig Fuller outlines how FreightWaves SONAR pointed to the global freight recession months ago.

SimpliRoute, a route optimization firm based in Chile and available in 26 Latin American countries, has expanded into the U.S.

In the rising world of e-commerce, Open Pricer helps to expand e-commerce with dynamic pricing.

FedEx is still planning to invest $6.3 billion in its network, even as volumes and revenue slump.

FourKites will add enhanced visibility to Quiet’s “co-opetition” logistics model.

E-commerce continues to expand even as sales slow, with more than half of respondents to a survey shopping online at least once a week.

Air Canada had a dual fleet but got rid of its cargo jets years ago. A pandemic epiphany led the airline to invest in 12 freighters.

Just because a labor agreement is in sight between the railroads and the unions, that doesn’t mean rail service will instantly improve, shippers told FreightWaves.

The ports of Halifax and Saint John could be affected by Hurricane Fiona.

A federal judge has ruled that Rhode Island’s “RhodeWorks” toll system discriminates against trucks and is unconstitutional.

For many carriers, the rapid adoption of technology has sparked skepticism and reticence.

The Port of Manzanillo has resumed operations after a 7.7 magnitude earthquake rocked Mexico’s Pacific Coast region Monday.

Headhaul markets historically begin to send out more volume in preparation for the holiday peak, but 2022 continues to show different trends.

On demand on WHAT THE TRUCK?!?
Premack rides-along
Trucker gets a cab makeover
Driver pay and recruiting
Cargo theft trends and news

A majority of Arrive’s shipments are being automated at multiple touch points.

California is pushing back against the Owner-Operator Independent Drivers Association’s attempt to become an intervenor in the ongoing CTA lawsuit over AB5.

With the Postal Service ending its reseller program, some SMBs could see changes to their postage rates.

Nestle is a FreightWaves Shipper of Choice for 2022.

Moving manufacturing from abroad back to the U.S. could reduce emissions while improving supply chain resilience.

Neither an “intervention” nor changing social media passwords deterred Trevor Milton’s social media frenzy, Nikola’s CEO testifies .

Federal regulators will use a simulator experiment to assess driver distraction in automated trucks.

Container lines are pulling back fast from the ship-leasing market, signaling less confidence in future freight income.

Jason Seidl of Cowen says that slowing consumer and industrial activity will be felt in third-quarter results.

News briefs involving short line acquisitions, Class I rail headcount in August and rail technology developments.

Infinium will provide Amazon with enough electrofuels to power its fleet approximately 5 million miles a year.

FreightWaves’ Mary O’Connell and Nuvocargo’s Anaid Chacón sit down to talk about all things U.S.-Mexico cross-border and the rise of women in logistics and leadership positions.

Rejection rates in El Paso swung upward in response to an increase in outbound volume, and the Department of Energy clocks diesel prices below $5 per gallon for the first time since April.

Fewer shippers think their 3PL relationships are successful, according to the annual Third-Party Logistics Study.

Amazon is slowing down its air cargo expansion as online sales slow but putting more volume through its new Northern Kentucky hub.

A decrease in shipment arrivals as a result of congestion delays is a byproduct of labor strife.

Together, Valqari and IDU Group are building urban drone infrastructure all the way from the sidewalk to the roofs of skyscrapers.

Many retailers and delivery providers choose to develop their own routing and fleet management software, but that can limit their flexibility and add unnecessary cost.

StratusGrid’s expertise and ability to provide supply chain and logistics companies with software solutions on the world’s most widely adopted cloud platform is underscored with Amazon Web Services recognition.

R2’s LTL service is designed specifically to service small-medium-sized shippers – bringing well-rounded expertise in one platform that gives shippers the same advantages of a large shipper.

DHL is opening new package terminals at U.S. airports as demand keeps growing. The newest facility will be in Atlanta.

Associations have come together on supply chain issues in California to form the Goods Movement Alliance.

Nikola CEO Mark Russell testified in Trevor Milton’s fraud trial that Milton went on a publicity “blitz” to attract retail investors.

A 7.7 magnitude earthquake rocked Mexico’s Pacific Coast region, where the country’s largest container port is located.

Container shipping rates — particularly from Asia to the U.S. — are still falling hard and show no sign of finding a floor.

Reefer volumes spike in Illinois, the port of Houston sees a record number of TEUs in August, and exports from China continue to slide worldwide.

The weekly EIA/DOE diesel number was down 6.9 cents a gallon for the week and is again below $5.

Rural states top the latest list of riskiest states for truck accident fatalities.

Crowley Maritime’s Isla Grande Terminal suffered no significant damage when Hurricane Fiona hit Puerto Rico on Sunday.

A ShipMatrix report says delivery capacity will average 110 million parcels per day, while demand will average just 92 million parcels.

The ports at Houston and Corpus Christi, Texas, continue to see monthly cargo growth from oil and steel shipments.

Freight procurement programs, such as Convoy Guaranteed Primary and Convoy Dynamic Backup can deliver optimized savings in today’s market and flexible capacity in future freight markets.

1MRobotics looks to take an automation-first approach to fulfillment with a network of ‘nanofulfillment’ centers.

Did you know that every 3 hours in the US a person or vehicle is struck by a train. It’s rail safety week and WHAT THE TRUCK?!? is here for it with Operation Lifesaver

Cenntro introduced its Logistar 260 and Logistar 100 commercial EVs at IAA Transportation 2022 in Hannover, Germany.

FMCSA requires annual checks on a truck driver’s motor vehicle record. But doing that can leave gaps and potentially allows drivers to remain on the road when they are no longer eligible to drive a CMV.

Daimler Truck is using exclusive battery chemistry to boost the range of its next long-haul electric truck beyond 300 miles.

An executive who ran finance for a health care company has been named to lead American Airlines Cargo.

Gol was caught bribing government officials in Brazil in violation of the Foreign Corrupt Practices Act, according to investigators.