Outgo commits to 4-hour factoring speeds, announces $15M capital raise
Freight factoring platform Outgo said a recent $15 million funding round has allowed it to ramp funding speeds to carriers.
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Freight factoring platform Outgo said a recent $15 million funding round has allowed it to ramp funding speeds to carriers.
Inside the WHAT THE TRUCK?!? newsletter East and Gulf Coast ports prepare for strike in 6 days; are truckers serial killers?; and Trump vs. John Deere
A Delaware bankruptcy court denied a request to stay the deposition of Teamsters union leader Sean O’Brien regarding his involvement in failed negotiations with Yellow Corp. last year.
In this edition: Breaking down a white paper that highlights inefficient supply chains; a new cross-border load board.
The families of those who died in the Francis Scott Key Bridge collapse in Baltimore have filed wrongful death claims in federal court against the owner and operator of the container ship Dali.
Container traffic at the second-busiest U.S. port complex will come to a halt Oct. 1 absent a new contract covering 45,000 union longshore workers from Texas to Maine.
Negotiators for striking machinists and aerospace workers say Boeing’s final contract offer will not be presented to union members for a vote.
With 60% of freight underinsured, stakeholders, shippers, carriers and brokers are in desperate need of a risk management solution, and Loadsure’s technology is at the forefront of 21st Century cargo insurance.
A decertification effort by a small group of unionized workers at a Werner unit in New Jersey has ousted the United Food & Commercial Workers union a year after it was certified.
EVO Transportation & Energy Services has acquired West Side Transport, expanding its geographic footprint and enhancing service offerings.
The benchmark diesel price used for most fuel surcharges rose for the first time Monday after 10 weeks of declines.
Ports along the Gulf Coast are monitoring a storm in the Caribbean that AccuWeather meteorologists predict will strengthen into a hurricane and hit the area on Thursday.
Alaska Airlines has brought in high-powered executives to manage the cargo division, which has become more complex with the addition of international cargo and Amazon shipping business coming from the takeover of Hawaiian Airlines.
Typhoons this year have ravaged areas in Asia, home to some of the busiest ports for global supply chains. Billions of dollars in damage has occurred across industries, especially agriculture.
Now on demand, Dooner is joined by Jennifer DeAngelis; Steve Schlect; Erik Rosica
By leveraging Uber Freight’s TMS, Leaf Home was able to consolidate operations into a single system with automation, enabling high growth without increasing headcount.
A work stoppage by 45,000 union longshore workers set for Oct. 1 would bring waterside commerce to a halt at ports from Texas to Maine.
The impact of the possible ILA strike is already starting to become visible in the U.S. What is likely to happen if a strike does occur?
Container management software provider Gnosis Freight announced it has accepted a strategic capital investment from Vista Equity Partners.
The basic per diem rate allowed by the IRS for payments to transportation workers is rising by $11 in fiscal year 2025.
FreightWaves has unveiled its 2025 FreightTech 100 list, spotlighting tech-forward companies that have best navigated a turbulent year.
Tender volumes have started to flatten out while tender rejection rates have picked up a little steam this week.
A new White House effort to reduce the amount of online orders from China that enter the country duty free isn’t likely to interrupt the Shein and Temu business, but could have ramifications for U.S. consumers and retailers.
Cargado CEO and cofounder Matt Silver announced Monday a first-of-its-kind invite-only load board for cross-border Mexico freight.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Organized crime groups fuel cargo theft surge in Mexico; Outpost expands […]
Regulators have approved a motor carrier’s equipment exemption despite opposition from a safety-standard group.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Don and Jason Lord; Kylla Lanier; Jamie Hagen; Nick LaFalce; Norita Taylor
Blue Cube develops new freezing technology, SeaCube makes major investments, and Green Giant expands the freezer aisle.
Brian Bryant, International Association of Machinists and Aerospace Workers international president, joined picket lines this week as some 33,000 Boeing workers went on strike in the Pacific Northwest.
The White House is getting pressure from Congress to relieve tension on the waterfront after Biden pledged not to get involved.
A Transportation Intermediaries Association report says the freight industry is “under siege” from fraud and must evolve to fight the ballooning problem.
As BNSF Railway, CSX and Norfolk Southern continue to sign tentative contract agreements with their labor unions well in advance of the start of national negotiations, one U.S. Class I railroad has been conspicuously absent: Union Pacific.
The Port of Los Angeles handled 960,597 twenty-foot equivalent units in August, a 16% increase over the previous year and the busiest month ever outside the pandemic. Eight months into […]
With his legacy assured, Daimler Truck Chair and CEO Martin Daum will retire as CEO on Sept. 30, making way for Karin Rådström.
Marten Transport cited the weak freight market in reducing the salaries of six top executives. The executives’ 2023 salaries ranged from $267,000 to about $811,000.
A challenging parcel environment led to disappointing first-quarter results for FedEx.
Trimble’s 2024 Insight Tech Conference + Expo in Las Vegas drew more than 1,500 attendees from across the transportation industry.
Here are five takeaways from FreightWaves’ State of Freight webinar for September.
Inside the newsletter: steamship lines react to potential port strike; tariffs targeted; exploding pager supply chains
Freight forwarder and logistics provider Seko Logistics announced it has entered an agreement to recapitalize.
Technology alone is not enough to retain drivers, according to a panel at Trimble’s technology conference Insight. Human intervention still matters.
A recent FTR Transportation Intelligence conference highlighted continued poor freight market conditions that are forcing fleets to do more with less.
Paxafe’s Ilya Preston discussed reducing food waste, cutting emissions and more during the keynote discussion at FreightWaves’ Net Zero Carbon Summit on Wednesday.
While there is debate over whether Section 321 of the Trade Facilitation and Trade Enforcement Act helps the U.S. or gives foreign companies an unfair advantage, the provision will likely come out changed on the other side of the election.
Diesel-turned-electric truck driver AJ Savas shares the experience of driving an alternative fuel vehicle with FreightWaves reporter Kaylee Nix.
U.S. railroads see the highest weekly intermodal traffic since the pandemic, and ongoing supply chain issues could aid further gains as a threatened longshore strike creeps closer.
Saia announced plans to open three more terminals in September, which is part of a larger plan to open 18 to 21 this year.
For the first time in its history, the Teamsters union has announced it will make no endorsement for president this election year.
Paul Kroes, the trailer innovation leader at Thermo King, discusses the future of sustainability and innovation in refrigeration transportation.
Susquehanna Financial Group analyst Bascome Majors cut his earnings forecasts for less-than-truckload carriers following a soft August.
Continued robust demand for container shipping services could help balance supply and demand, the world’s second-largest vessel operator said, easing strains despite disruptions across the global supply chain.
Robert Koelsch, co-founder and CEO of Advanced Energy Machines, talks about his company’s zero-emissions SolarTech transportation refrigeration units (TRUs).
Jason Massey, CEO of Ndustrial, an AI-powered energy intensity platform for the $60B industrial market, and FreightWaves group lead Brielle Jaekel will discuss the cold chain challenges that are contributing to the industrial market’s high energy usage including transportation costs, Scope 3 emissions, and coincident peaks.
The U.S. Department of Justice on Wednesday filed a federal suit against the owner and operator of the Dali, the container ship that struck the Francis Scott Key Bridge, causing it to collapse.
Evigence’s Oria Malka speaks on how technology helps the cold chain limit emissions and improve shelf life.
Two days after announcing a hiring freeze, Boeing has notified employees it will be moving forward with furloughs over the coming days due to the aerospace workers strike.
Carriers are operating in an environment where every new driver hire could result in a productive driver tenure or a multimillion-dollar negligence lawsuit.
At FreightWaves’ Net-Zero Carbon Summit, Andrew Wishnia breaks down the power of recent climate legislation to transform transportation.
Port of Indiana-Burns Harbor on Lake Michigan increases rail capacity by 250 cars and adds hundreds of feet of new dock for expanded all-water cargoes.
Sami Khan, co-founder and CEO of Nevoya, shares insights with FreightWaves Deputy Editor Brielle Jaekel to dispel myths around electric vehicles.
Sam Stockdale, head of sustainability at Link Logistics, discusses operational sustainability in warehousing at FreightWaves’ Net-Zero Carbon Summit on Wednesday.
Now on demand WHAT THE TRUCK?!? is live from the Net-Zero Carbon Summit with Dooner; Tyler Deaton; ROman Ramirez and more
Canadian supply chain SaaS provider Descartes acquired MyCarrierPortal, which provides brokers and shippers with carrier onboarding and risk monitoring tools.
In freight, time is money. Every minute counts, and every inch of space matters. That’s why leading logistics organizations, such as MAB Kargo, are turning to solutions like Unisys Logistics […]
U.S. Rep. Dave Joyce is spearheading an effort to have the Department of Homeland Security do more to combat organized retail crime in America.
A shippers’ coalition on Tuesday asked the White House to help restart stalled contract negotiations and said President Biden should be prepared to intervene to prevent a strike.
A Virginia-based road construction company illegally fired one of its drivers, according to OSHA.
Alaska Airlines will become a major cargo airline with the integration of Hawaiian Airlines’ freighter fleet that services Amazon.
Four years after the COVID-19 pandemic threw the entire world and daily life into turmoil, its effects still ripple through the global supply chain long after shutdown laws have been lifted.
In this edition: Big strike issues lie ahead, and it’s Truck Driver Appreciation Week!
Trimble customers who gathered in Las Vegas got the big news that Platform Science is acquiring Trimble’s telematics business.
The retail diesel price used as the basis for most fuel surcharges has fallen for a 10th straight week.
A shuttered California-based trucking company that once pulled intermodal containers out of the Port of Oakland has filed for Chapter 7 bankruptcy liquidation.
A severe storm on Saturday night forced authorities to temporarily close the busiest U.S.-Mexico commercial trade bridge in Laredo, Texas.
Boeing has notified employees of a hiring freeze and is considering furloughs in the coming weeks as experts predict significant cash loss for the company this quarter due to an ongoing machinist strike.
National Truck Driver Appreciation Week started Sunday, and businesses and organizations across the U.S. are partnering to show truckers some love.
Aaron Rudolf, who owns Rudy’s Performance Parts in Burlington, North Carolina, must pay $10 million in criminal and civil fines for an emissions defeat device scheme.
FreightWaves examines the International Longshoremen’s Association’s concern with port automation and its effects on global port competitiveness.
As one of the largest contributors to greenhouse gas emissions in the United States, the commercial transportation industry plays a major role in helping to create a lower carbon intensity future.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Craig Lineauer; Josh Lovan; Nilay Parikh
RXO announced Monday that it has completed the acquisition of freight broker Coyote Logistics.
East and Gulf Coast port employers insist a new union contract is still within reach before an Oct. 1 strike deadline, and urged the International Longshoremen’s Association to return to the bargaining table.
Cass Information Systems’ August update shows a freight market that is still awaiting a recovery.
Salvors began towing the Greek-flagged tanker Sounion, still burning from attacks by Houthi militia in late August. The vessel became a symbol of civilian shipping targets that have led container and other vessel operators to detour around the region.
Tech-enabled logistics solutions don’t just help you reduce costs, lower workforce constraint risk, and drive sustainability—they can fuel growth, transform the way you operate, help you reach consumers in new […]
Melbourne Airport is moving ahead with plans to build a third runway, which is expected to increase the competitiveness of shippers in the region.
Tender volumes have continued to show strength, but the market remains oversupplied. Hurricane Francine had little impact on the market
This week in Borderlands: Texas truckers taking labor protest to the Big Apple; Exports of Mexico-built cargo trucks rise in August; Mexico’s largest bank opens office in Houston dedicated to nearshoring; and Stonepeak acquires 1.1 million -square-foot logistics property in Texas.
Air Canada and its pilots resolved their contract dispute at the last minute on Saturday, preventing a strike.
Trimble (NASDAQ: TRMB) and Platform Science have announced an agreement for Platform Science to acquire Trimble’s global transportation telematics business units.
Intermodal providers are taking share with grace, but is it counterproductive to pricing gains?
A Delaware bankruptcy judge said Friday that Yellow is on the hook for withdrawal liabilities but that the amounts will be capped.
Internal email reveals $105 million in maintenance cutbacks at BNSF that could lead to service disruptions.
Norfolk Southern, which has struggled to maintain consistent and reliable service in recent years, will no longer tolerate mediocre operational performance, new CEO Mark George says.
A former employee of Midwest Transport Inc. has filed a WARN Act lawsuit, alleging the trucking company failed to give a 60-day notice of a planned shutdown before laying off 650 employees, including 480 truck drivers.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Matthew Leffler; Weston LaBar; Danny Ramon