News

ArcBest reported better-than-expected results again during the second quarter.

Cargojet says it has two built-in defenses against an economic downturn: e-commerce and unstable cargo service at passenger airlines.

FedEx Ground could have made Sunday deliveries work if it stuck to its knitting, consultant says.

P.A.M. Transportation Services reported better-than-expected second-quarter results Thursday.

Hundreds of small-business truckers who use CoreFund Capital to factor their accounts receivable are struggling to stay afloat after the company abruptly closed its doors.

Schneider National beat second-quarter expectations even with a precipitous drop in gains on sale.

Share gains come despite another net loss, sharp drop in operating income

Canadian Pacific executives on the company’s second-quarter 2022 earnings call discussed precision scheduled railroading, synergies with Kansas City Southern and intermodal strength in the second half of the year.

Markets in the Southeast, North and Midwest are experiencing an increase in outbound volume that some haven’t seen in almost a year.

The Canadian government wants the railways to submit details on how they will maintain equipment when it gets cold in winter as part of a rail safety initiative.

CO2 shortages strike breweries; Senate bill proposes $40k tax credit for electric semis; a look at a limp dry van spot market and more

“Most customers are trying to decrease their costs per load when it comes to visibility tools of cold chain and perishable shipments. Tive Tag delivers exactly what they need at drastically lower costs,” said Tive’s vice president of global marketing.

In today’s market, it is less about whether a carrier can afford to implement predictive maintenance and more about whether they can afford not to.

Congress will soon mull a $755 million proposal to increase truck parking. But there’s another solution that doesn’t require taxpayer funds.

The drop in ships waiting off Southern California is deceiving. The number of ships off all three coasts is back to all-time highs.

Respect and communication remain vital aspects to driver retention.

Reliance Partners’ Thom Albrecht points to current negative trends as reasons to hunker down now and through the new year.

Forward Air raised its earnings expectations again. Management believes it has the ability to generate higher results even in a recession.

Volvo recently announced its plan to construct an electric charging corridor in California.

The head of the unit says changes to driver contractor agreements must be negotiated individually.

“We see TaaS as something more than leasing, something more than rental. We see it as a way we can create custom solutions for different digital partners as they try to maximize their business,” said Wabash President and CEO Brent Yeagy.

Over the past several years, “culture” has become something of a buzzword in the corporate world. Despite this trending vernacular, the things that make up a company’s culture – energy, diversity and values – are the same things that determine whether or not people want to work there.

Flytrex can now reach 100,000 eligible customers after the FAA signed off on doubling its delivery radius.

Cloud supply chain firm Stord has introduced software that brings together a brand’s disparate supply chain systems into a single dashboard.

Trailer maker Wabash is benefiting from a steady order backlog and a focus on more activity with targeted customers.

At the end of the day, brokers, shippers and 3PLs want a reliable TMS that can handle all of the nuances of both their particular segments of the transportation industry while also offering a simple user interface.

The new rail hub is designed to respond to a growing need to expand domestic intermodal capacity within the greater Seattle region.

Shipping lines are still racking up extraordinary profits. Hapag-Lloyd forecasts continued strength in the second half.

Commentary from the C-suites of trucking remains positive for the 2022 back half.

Converting two flat switching yards back to hump yards and adjusting train schedules are broader initiatives that aim to serve customers better, Norfolk Southern executives said during the company’s second-quarter 2022 earnings call Wednesday.

Robinson’s NAST revenue rises despite LTL volume declines and modest TL growth.

UAE-headquartered port operator Gulftainer says it has turned a “poorly performing past two years into a significantly positive first half of 2022.”

UPS is gearing up for next year’s Teamster negotiations by implementing cost-saving programs.

Less-than-truckload carrier Saia reports record results for the second quarter and said it has no plans of slowing its growth initiatives.

Logistics giant Ryder posted total revenue of $3.03 billion and earnings per share of $4.43 during the second quarter.

DHL is expanding its airport infrastructure in Germany and dedicated route network in the Americas to support growing trade volumes.

A multistate initiative focused on cutting emissions from medium- and heavy-duty vehicles released an action plan for transitioning to zero-emission vehicles.

Pittsburgh is experiencing a rise in both outbound and inbound tender volumes simultaneously.

Old Dominion Freight Line’s 69.5% operating ratio during the second quarter was not only a company best but a best-ever result for a public carrier.

Has Nikola managed to rebound? Plus, a unique cold chain visibility tag; something stinks at Slync; autonomous convoys and more on WHAT THE TRUCK?!?

A federal appeals court upheld the FMCSA’s hours-of-service rules by rejecting a challenge filed by safety groups alleging the 2020 changes make the roads less safe.

In proposing a minimum train crew size of two members, FRA reverses its stance that crew size questions should be left to the railroads and the unions.

Preparing your fleet for an inspection is a continual process that requires monthly monitoring of safety data.

Self-flying drones from Vimaan will be the eye in the sky for a PFS warehouse in Memphis, Tennessee.

Union Pacific on Wednesday enlisted Wabtec to modernize 600 locomotives to improve fuel efficiency, reliability and haulage ability.

European airports have experienced plenty of headaches this summer. A strike at Lufthansa is adding to congestion and frustration.

Anticipated strength in domestic intermodal and higher grain volumes will support CN in the back half of this year, company executives said during the Canadian railway’s second-quarter 2022 earnings call.

Shopify posted a $1.2 billion loss in the second quarter a day after it announced it was slashing 10% of its workforce.

Boeing landed some freighter contracts at the big Farnborough air show but wasn’t the only manufacturer making sales on the cargo front.

Paccar Inc. defied analyst estimates and posted top- and bottom-line beats in second-quarter revenue and income.

Slync.io CEO Chris Kirchner retaliated against some executives at the financially troubled company after learning he was being suspended, a source says.

Container, crude oil and petroleum shipments rose as ports in Houston and Corpus Christi recorded strong freight volumes in June.

Trevor Milton claims Nikola Corp. is violating his constitutional rights by seeking a protective order to block use of company conversations.

Despite a murky economic outlook, Covenant remains optimistic about the company’s business prospects through 2023.

Fallout from the Ukraine-Russia war and concerns over power supply in Europe and Asia support demand for seaborne coal.

A top regulator says more staff is needed to properly carry out new ocean carrier reforms signed into law by President Joe Biden.

Consumer demand, vessel diversions and efforts to avoid congested West Coast ports drove the Georgia Ports Authority to break its record for annual volumes.

Shopify cites slowing growth in e-commerce as it cuts 10% of its workforce.

Kodiak Robotics is taking a simpler approach to mapping highways for autonomy, focusing on connectivity over detail

The transportation and logistics industry is still dealing with the residual effects of the pandemic, including accelerated technological advances, a tough labor market and an inconsistent supply chain.

Walmart has announced a partnership with Platform Science to equip the retailer’s private truck fleet of 12,000 drivers with telematics tablet devices.

The Atlanta-based company also reveals a plan to improve on-time performance across its U.S. network.

Shippers have already begun negotiating lower contract rates, and carriers should prepare for this trend to continue. This will prove especially important for small and mid-size carriers who often do not have the profit margins to weather a storm.

Like a mechanic, we maintain and repair moving parts of your transportation machine; we don’t drive the machine, we fix it.

Senators and two U.S. House representatives from Illinois object to the railway merger between Canadian Pacific and Kansas City Southern as currently proposed, saying the Surface Transportation Board should respond to their constituents’ concerns.

Produce shipper WP Rawl has found PowerFleet’s solution to have a surplus of benefits.

Many delivery providers use a delivery management system, but costs can escalate quickly if proper planning was ignored.

Flexible supply chain firm Stord has secured space within Fresh Del Monte facilities for customers looking for cold storage capabilities.

Last year was historically strong for some maritime businesses, terrible for others. No matter what the sector, maritime CEOs made millions.

Kuehne + Nagel continued profit growth in Q2 by charging customers more for extra service to keep supply chains fluid.

The benchmark diesel price used for fuel surcharges now has declined five weeks in a row.

Covenant Logistics Group’s truckload revenue increased 29% year over year to $218 million, despite unprecedented cost inflation and higher insurance costs.

Seattle, a traditional backhaul market, is now experiencing headhaul market activity.

All the pipes of trade are connected. If one pipe starts to have empty-container constriction, container prices will be influenced across the board.

CPC Logistics and NASCAR honor drivers; how to intern at a port; what insurance says about the trucking market; biofuels and more on demand on WTT

Truckload carrier Heartland Express said it expects freight demand to exceed its available capacity for the rest of 2022.

Three new sortation centers in Chicago and Denver bring Target’s facility count up to nine.

Solutions like route optimization and real-time visibility are beneficial regardless of what is happening in the market, but these money-saving tools can prove crucial during times of tighter margins.

The Surface Transportation Board will conduct a three-day hearing in late September to find out from Canadian Pacific and Kansas City Southern directly about issues related to the railways’ proposed merger.

If you’re an owner-operator, chances are that money-wise 2021 felt pretty good to you. Has 2022 been quite as generous?

Storefront delivery platforms exploded during the pandemic, but for many retailers the loss of customer control could be costing them revenue.

TransForce, long a provider of drivers to carriers, is rolling out its proposal for independent contractor compliance with AB5.

FAA sources told Insider that new crashes are putting Amazon’s drone delivery program further behind schedule.

Fully mobile transportation management systems will help the remote workforce be more effective, enabling them to do their jobs from anywhere.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Nowports aims to be supply chain ally for Latam trade; US files labor complaint against auto parts plant in Mexico; Tesla suppliers have dedicated lane at US-Mexico border bridge; and Laredo CBP seizes $4.3M worth of meth from tractor-trailer.

New Cummins Inc. CEO Jennifer Rumsey talked about mentoring and reaching the company’s Destination Zero carbon goals in a FreightWaves interview.

Unit responds to contractors’ cost concerns by partially ditching the controversial program.

As truckers protest for the fifth day, workers at the Port of Oakland have been busy setting up orange barricades at all four of the marine terminals in case demonstrations over controversial state law AB5 spill over into next week.

Pent-up demand for railcars will support GATX even as rail service clears up.

Ocean carrier Maersk is buying three Boeing freighters and outsourcing flying to Amerijet to penetrate the U.S.-Asia air cargo market.

Outbound volumes are rising in Joliet but rejections are decreasing, pointing to a higher acceptance rate of contract loads.

Small shipper battles TQL over lost plant shipment; AB5 fallout; the intersection of FreightTech and people; brawl at Disney

Consulting firm FTR Associates says the freight transportation markets will find support amid a still-growing manufacturing sector, despite perceived softness in the U.S. economy.

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.

Nikola’s could keep adjourning its annual meeting as it pursues unvoted proxies to raise the number of authorized shares.

With billions of square feet of warehouse space to automate, leading robotics providers are gearing up for the opportunity.

With over $170 million from investors, executive leadership from legacy companies and a restructured plan for long-term growth, Emerge’s leadership is looking forward to continuing its core mission of modernizing procurement processes.

Public comments reveal most truckers believe a proposal to require engines to have speed limiters will make roads less safe.

FedEx Ground said it will drop Sunday residential deliveries the week of Aug. 15 in unidentified low-population markets.

Exhaust gas scrubbers are allowing tankers, bulkers and container ships to keep burning dirtier — and much cheaper — marine fuel.