War effect on crude trade: Long-lasting and just beginning
It looks increasingly likely that war-driven changes to global crude flows will persist for an extended period.
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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
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.
A Texas woman who murdered her trucking magnate husband has been indicted in a $9 million fraud involving Bill Hall Jr. Trucking.
Jobs in the truck transportation sector have risen every month post-pandemic except one, but the pace of growth is slowing.
Shareholder letters and earnings call transcripts don’t qualify as page-turning vacation reading. But they say a lot.
Record results by the cargo division pulled Deutsche Lufthansa AG to profit in the second quarter for the first time since the COVID crisis began, underscoring how moving goods has […]
In a post-COVID world, retailers need to optimize global inventory to boost online sales and maximize margins. Virtual inventories and dropshipping can make this happen by allowing retailers to stock a wider range of products across multiple regions and channels.
Delivery carriers Parcel LaserShip and OnTrac have announced residential ground deliveries with day-definite service.
Supply chain technology provider Trimble reported transportation revenue of $150 million for the second quarter.
Diesel has been sliding for weeks but it may be masking underlying tightness. Also on the podcast: Carrier Logistics on TMS.
Western Star mashes up the off-highway ruggedness of its X-series with loads of luxury appointments on the on-highway 57X.
Air Transport Services Group rode the e-commerce wave to another profitable quarter.
Federal regulators are pressuring carriers at the Port of New York and New Jersey to compensate shippers and carriers for container storage.
Mario Harik will succeed Brad Jacobs following the spinoff of XPO’s brokerage business. Jacobs will become XPO’s executive chairman.
Ride-hailing giant Lyft reported earnings for the second quarter after the bell Thursday.
Consider your safety program as a rocket engine. How it’s designed and implemented is crucial.
DoorDash saw rising orders and revenues in Q2, but it still posted a $263 million quarterly loss.
Outbound volumes in Detroit explode as both inbound and outbound tenders heat up the market in Boston.
Ford is experimenting with a system that would allow drones to be controlled autonomously from delivery vans.
NOAA Fisheries aims to reduce whale strikes on the East Coast of the United States with new vessel speed regulations.
The ebb and flow of the logistics market.
Diesel prices are high because of low supply. Inventories are likely to stay low in the coming months — here’s why.
As we look to the future of the global supply chain, all businesses and areas of business – from inventory to distribution, suppliers to retailers – need to plan for one thing: uncertainty.
Atlas Air reported strong second-quarter earnings while announcing it is being bought by an investment consortium for $5.2 billion.
Even though macroeconomic uncertainties lie ahead, Hub Group expects to find support in the medium term through improving rail service, market conditions that encourage more conversions to rail and the diversification of its business, executives said on Wednesday’s earnings call.
Werner reported revenue of $836 million in the quarter and sees a strong “pipeline” of demand from customers for the remainder of the year.
The HVUT is a tax applied annually to many heavy commercial vehicles. How do you know if your vehicles are affected?
Nikola Corp. losses widened in Q2, but adjusted per share earnings and revenue topped estimates as deliveries rose.
The “diesel nut” project between Chevron and Texas A&M AgriLife researchers aims to create a new breed of peanuts as a renewable fuel source.
Fleets are holding off on Class 8 truck orders because supply shortages continue to delay acceptance of 2023 bookings.
Truckload carrier U.S. Xpress’ internal startup Variant continues to struggle with high turnover and declining utilization.
Yellow Corp.’s bottom-line numbers show solid gains despite double-digit daily tonnage declines.
The U.S. is enforcing sanctions against Iran and Venezuela through seizure action on a 747 cargo jet.
Fleetcor Technologies Inc. on Wednesday reported revenues of $861 million in its second-quarter earnings.
The Port of New York and New Jersey is seeing an increased amount of imports, but they are not hitting the truckload market.
Chinese military exercises in the Taiwan Strait will delay shipments. Further escalation could have dramatic supply chain effects.
GXO’s earnings per share beat estimates, and it raised full-year guidance for revenue and earnings.
A Democrat-backed bill in the U.S. House of Representatives addresses rail service concerns raised during recent hearings by the House transportation committee.
FreightCaviar co-hosts with Dooner and The Dude as they tackle truck parking, nearshoring, offshoring, worst name for a trucking company and more on WTT
Etihad ordered big Airbus freighters to support its ambitious growth plans for cargo.
Trade Association for Logistics Professionals will advocate for all contractor interests, not just FedEx Ground, the group’s leader says.
Kellogg Co. was chosen as a Shipper of Choice — an award that recognizes retailers and distributors that value their carrier relationships.
FreightWaves chats with international trade attorney Ashley Craig about what the troubles in labor talks for both rail and maritime mean for the broader supply chain.
The high-tech mailbox from DroneDek handles both traditional mail and drone deliveries.
Container shipping giant Maersk sees continued strength in U.S. imports and ongoing supply chain disruptions globally.
E-commerce is making air cargo an attractive play for investment funds. Atlas Air is on Apollo Global Management’s wish list.
Veho is quickly expanding its last-mile delivery network. But what makes the company different? It’s all in how it builds routes.
TuSimple CEO Xiaodi Hou responded to a federal safety investigation that raised concerns about a potential setback to its driverless truck technology.
Proxy hunters bagged enough votes to give electric truck maker Nikola the financial flexibility it had been seeking since June.
Daseke officials expect strong demand from industrial customers like Caterpillar to help the company grow revenue up to 15% by the end of the year. (Photo: Jim Allen/FreightWaves)
The Democrats’ inflation bill pares down ‘Build Back Better’ but includes $3 billion to help ports and terminals cut pollution.
Headhaul markets such as Chicago continue to see a decrease in outbound volume, while backhaul markets like New Orleans experience growth.
For the second consecutive quarter, Uber Freight turned in a financial report that showed it as profitable by a key standard.
UPS has achieved brand value of $38.5 billion, a 28% increase over 2021.
CN and Canadian Pacific say they’re ready for an anticipated grain volume rebound in the new crop year that runs from Aug. 1 to July 31.
Transportation data showed further loosening during July, according to a supply chain survey released Tuesday.
FedEx will purchase $200 million in warehouse robotics and services from Berkshire Grey as it rolls out more automation across its ground network.
Air and ocean freight company saw its volumes slump but managed to be more profitable as it held the line on expenses.
On Jennifer Rumsey’s second day as CEO, Cummins Inc. reported strong Q2 earnings in North America.
“Terra is the largest transportation solutions company … that you’ve probably never heard of,” said the founder and chief operating officer of Terra Worldwide.
Netradyne’s Nick Grome dives into the power of positive feedback through the Driver•i dashcam.
Quiet Platforms has expanded its e-commerce delivery footprint with a new deal with DHL eCommerce Solutions.
California’s PAGA law, which turns private citizens into mini-prosecutors, may become the key to enforcing AB5 in trucking.
Uber beat earnings expectations for Q2, but its delivery business wasn’t the driver this time around.
While online sales have long shown an upward trend, the COVID-19 pandemic has expedited this shift. E-commerce supply chains need to move just as fast.
The Port of New York and New Jersey has announced a container fee on long-dwelling import or export containers, aiming to reduce an excess of empty containers dwelling at the port and free up space for container pickup.
Truckers being sued by the city of Oakland and port commissioners over a weeklong protest over AB5 are claiming a small victory Monday after Alameda County Superior Court Judge Delbert Gee didn’t immediately grant the temporary restraining order port officials were seeking.
The basis for most fuel surcharges has shed more than 67 cents in just six weeks.
TravelCenters of America Inc. tops $3 billion in revenue for the second quarter.
Outbound reefer tender volumes for San Francisco have risen 54% in the past two months, while outbound volume for Phoenix has risen 20% in two weeks.
Are supply chain surcharges the new normal for restaurants? Logistics behind an apparel brand. Getting vets jobs in logistics and more on WTT
Pitney Bowes and Narvar say a new returns option they are offering e-commerce brands will be hassle-free.
The e-commerce giant is rolling out a store-to-door delivery service that was first reported in May.
Sustainability experts discuss how the transition to net-zero emissions in trucking will not look the same for every company.
Schneider is joining fleets testing highway autonomy, starting commercial pilots in supervised Aurora Innovation trucks this week.
Unsure that financially struggling Romeo Power could keep supplying batteries for its electric trucks, Nikola is buying the company.
While headcount for train and engine employees is up for the first six months of 2022 compared with the same period in 2021, the freight rail headcount across all categories hasn’t risen.
Trucker hats have been part of American culture since they first sprang up in the 1960s as promotional giveaways.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Arrive Logistics opens San Antonio office; US-Mexico cross-border freight totals $66B in May; Taiwan electronics maker expands in Mexico, adding 3,000 jobs; and CBP intercepts first-in-nation pest in South Texas.
The spread between spot and contract truckload rates is unsustainable. The question is just how far and fast will they fall?
Electric vehicle maker Rivian is cutting its workforce by 6% amid growing inflation pressure and tightening capital markets, according to reports.
¬¬For businesses across industries, ESG (initiatives have become established as vital to remaining competitive, and trucking’s flatbed sector is no different.
Truck drivers should expect at least a Level 3 inspection when they stop at a weigh station.
Second-quarter cargo business softened on the margins for British Airways and its sister airlines but was still much better than before the pandemic.
Backhaul markets are seeing more outbound volume, while traditional headhaul markets are beginning to see more inbound volume.
Some 80 Houston owner-operators have been on strike against Hudd Transportation since Monday.
Transport and logistics giant TFI posted quarterly gains across the board and raised the outlook for the rest of the year.
With Parade and Tai Software, Concept Logistics is well armed to face the ever-changing freight landscape.
With a long list of heavy-hitting customers that include Walmart, Loblaw and most recently Georgia-Pacific, Gatik has demonstrated that commercially successful autonomous delivery is happening first in a constrained environment, on fixed, repeatable short-haul routes.
AtoB, a new entrant to the fleet card industry, is disrupting the traditional fuel card model with its no-hidden-fee, universal approach, putting the power back into carriers’ hands
Sending cargo on a rideshare to space; latest in dash cam tech; how EV and chips bill will impact auto; owner-ops say their making less money this year and more on WTT
Shippers want to move more goods via rail, and they will do so once rail service improves. This will ultimately benefit lessors like Trinity Industries, CEO Jean Savage told investors on a recent earnings call.
Piece-level tracking gives XPO employees and customers real-time visibility for tracking LTL shipments.
Nuclear verdicts do not just impact the defendants; they drive insurance rates up for companies across the industry, as well as the motoring public.
A proof-of-concept step van with four-wheel steering by wire and 57% better aerodynamics could revolutionize the segment
As fleet operators begin to incorporate electric trucks into their fleets, they are turning their attention to two areas: regulations and infrastructure.