News

Denver’s outbound tender rejections rise to 10.9%, and Market Dashboard now has new features for better visibility.

G Squared is to provide Transfix with financing and more capital.

Qatar Airways posted record profit and strong cargo business for the fiscal year 2021-22.

Port Houston awarded $429 million to Weeks Marine and Curtin Maritime Corp. to dredge the Houston ship channel.

New York City-based Jokr is the latest casualty of the ultrafast grocery downturn, pulling out of the U.S. market.

Columbus, Indiana is the very definition of a company town. And it owes its vitality to Cummins Inc.

Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…

Last-mile delivery facilitator AxleHire has expanded into the Atlanta area, giving it a footprint in 17 of the top 25 markets in the U.S.

On this week’s Drilling Deep podcast, host John Kingston talks with colleague Henry Byers about the data that shows a coming collapse in ocean freight movements.

Despite the debate on ocean shipping reform, the law will be signed into law by President Biden relatively soon. With his presidency increasingly defined by record-breaking inflation, it is clear his administration is focused on efforts to correct course.

Retail sales are still up double digits compared to pre-COVID. Inventory-to-sales ratios have yet to fully recover.

As the economy corrects itself, where does VC stand?

Diesel hits new highs, spot market stays under $2, tech for small carriers, going green by recycling and retrofitting trucks, owner op vs company driving

Many companies are leveraging technology to improve driver recruiting and retention.

The side of the road can be a very dangerous place to be, especially if you don’t make your presence known.

Carere will head a new centralized group focusing on digitization.

Tender rejections out of Chicago drop to 6.3%, while El Paso sees a boom of 25% in outbound volume and 28.6% increase in rejections.

Canadian firm adds truckload carrier with big transborder presence

Rising fuel costs have affected every link in the supply chain across all modes of transportation.

With Amazon Prime Day less than a month away, here are the details you need to know.

Auction prices for used trucks are dropping as more equipment shows up amid cooling spot freight demand.

According to a recent Bloomberg article, electric vehicles are taking off even faster than expected and “are eating into the transportation system and taking bigger bites every year.”

LATAM Airlines’ cargo division is the first South American carrier to sell capacity on Freightos, a digital marketplace.

Canadian railway CN has received a notice from the International Brotherhood of Electrical Workers that its members could go on strike this Saturday.

Omnichannel fulfillment company ShipBob has integrated with Klaviyo’s technology, offering new insights and the ability to proactively communicate with customers.

Tampons are in short supply due to supply chain disruptions such as difficulty getting raw materials.

Bailey’s Trucking and its owner were charged with making false representations on an application to receive money through the Paycheck Protection Program.

Following an acquisition that gave ShipX end-to-end e-commerce delivery capabilities, the company is looking to expand its geography.

Federal Maritime Commissioner Dan Maffei says in an interview that the bill will return “credibility to the supply chain.”

Eric Larsen and Zach Blanchard discuss tender rejection rates, which are the leading indicator in finding a profitable market to be in.

This fireside chat recap is from the FreightWaves virtual Small Fleet & Owner-Operator Summit on Wednesday. FIRESIDE CHAT: Earning rewards while working, the value of loyalty programs DETAILS: Prasad Gollapalli, […]

Cold chain solutions provider FreezPak Logistics announced plans to add renewable solar systems to three of the company’s logistics operations.

Trailer makers continue to push away orders as supply chain issues in different areas vex production amid stable pent-up demand.

Trucker Tools CEO Kary Jablonski says taking advantage of technology can help owner-operators drive efficiencies in their operations.

Abney worked with the postmaster general at New Breed and XPO

The co-founder and CEO of freight dispatch provider SmartHop, Guillermo Garcia, explains why he wants every small trucking company to thrive.

“First, have no fear. Secondly, believe in yourself. Lastly, know your costs more than anyone else. When you have those things, you have the best chance for success,” said the president of Bottomley Enterprises.

It’s a complex chain from crude to the price of diesel at the pump. Fuels expert Gary Bevers reviews some of the factors that go into the process.

Truckload carrier P.A.M. Transport will acquire Metropolitan Trucking for $77.4 million, its first purchase in almost 20 years.

Werner’s senior vice president discusses how technology impacts brokers and truck drivers during FreightWaves’ Small Fleet & Owner-Operator Summit.

Mastering a niche is the best way to beat the extreme turns in the freight markets. Whether you have a niche or are searching for one, we have the tips to take you to the next level.

A pair of logistics companies — one with fresh funding, the other entering a worker appraisal period — trimmed headcounts significantly.

A lesser-known rival of Uber Eats, DoorDash and Grubhub, Waitr adds the first national convenience store to its platform.

The feds released a first-time report aimed at developing a clearer picture of autonomous vehicle safety.

FreightWaves’ Justin Martin and Edison Motors’ Chace Barber discuss how older trucks can save smaller fleets money.

WTT was live from FreightWaves Small Fleet & Owner Operator Summit with project44’s Jett McCandless; CloudTrucks Tobenna Arodiogbu; Echo’s Jay Gustafson and ArcBest’s David Kessler

Jamie Hagen chats with James “The Rooster” Bowen on what it takes to move from company driver to owner-operator.

Nolan Transportation’s Drew Herpich offers advice on how small carriers can best navigate the evolving business landscape.

A fireside chat with consultant Paul Estrada discussing how small carriers can maximize relationships to get freight from large enterprise shippers.

As the decline in the spot market hits owner-operators, uShip CEO Kris Lamb argues that swapping Class 8 trucks for something smaller may be the best option for some drivers.

Tender rejections out of Ontario are at their lowest point since 2020, and import volume from Japan has increased 90% in the last year.

A number of East Coast ports saw volumes increase in May, and Savannah was one of them.

The union representing more than 3,300 UPS pilots has reached a tentative agreement with the express delivery company on a two-year contract extension, both sides separately announced late Tuesday. If […]

Battling for loads in the declining spot market is exhausting for drivers who lack relationships and connectedness to customers.

Trucker Tools is utilizing FreightWaves’ SONAR to provide rate visibility to the carriers that need it most.

COOP by Ryder’s national sales manager discusses factors impacting volatility in freight markets during FreightWaves’ Small Fleet & Owner-Operator Summit.

Truckers Against Trafficking’s Laura Cyrus shares red flags truck drivers can be on the lookout for that might indicate human trafficking.

Warehouse automation firm Hai Robotics has raised an additional $100 million to scale its R&D efforts.

Blackstone Group, one of the premier New York investment groups, is putting $130 million on fintech/freight tech firm PayCargo.

Gravitas Carbotura designed a Zero-Fill service to divert and recycle 100% of landfill waste into useful materials.

Chain.io has raised $11 million in a funding round to help grow its technology and support base as it seeks to create frictionless supply chain integrations.

The National Mediation Board has ended mediation between the freight railroads and unions over a new labor agreement and is offering arbitration, both sides say.

A regional NLRB decision says an STG unit in California that had been owned by XPO treated workers like employees, and it has ordered a unionization vote for them.

America’s peak cargo importing season will start early this year, by the end of this month, says the Port of Los Angeles boss.

FedEx adds Vena, a top rail executive, to its board. It also revises incentive targets and hikes its dividend 53%.

“Cash flow and back-office support has always been a large part of what we do. Yet there are so many other ways to help small and midsized carriers better compete in the industry, to not only survive tough market conditions but thrive during the better days as well,” said co-founder and CEO Fritz Owens.

An effort by Uber and Lyft to have voters define the companies’ drivers as independent contractors has been blocked by the Massachusetts Supreme Judicial Court.

After enduring years of setbacks, Amazon’s drone delivery program is finally ready for takeoff.

Japanese shipping firm Ocean Network Express has filed a lawsuit against Union Pacific because a shipment of solar panels was stolen in transit.

Daily national average of spot rates drops, and tender rejections across the country tell the story of the current condition of the market.

Bala Subramanian will focus more on digital connections than predecessor Juan Perez.

DSV has been reported to be interested in acquiring C.H. Robinson’s global forwarding unit for as much as $9 billion.

Two lawsuits filed by Amazon customers in late May and early June allege that Prime isn’t what was promised.

Shippers and carriers are now managing their operations on a single AI-powered transportation management platform with PCS Software.

Logistics provider Schneider is recognized by PepsiCo as its Asset Sustainability Carrier of the Year.

The Surface Transportation Board wants BNSF, CSX, Norfolk Southern and Union Pacific to submit additional information on their rail service recovery plans after finding that the initial plan submissions “were perfunctory” and lacked detail.

As some gig platforms remove fuel surcharges, Gridwise is stepping into the void with a new program offering 50 cents off per gallon.

TriumphPay improves the payments experience with expedited and secure transactions.

As diesel and gasoline prices climb faster than the price of crude, a drop in U.S. refining capacity is seen as a key factor in the explosion in diesel levels.

Airlines act as an auxiliary transport wing for the U.S. government during times of crisis.

A new methodology implemented by the DOE to determine its weekly retail diesel price yielded a relatively small increase in the benchmark number.

It’s the end of the line for Electric Last Mile Solutions as it becomes the first transportation SPAC to file for bankruptcy liquidation.

President Biden plans to sign into law the Ocean Shipping Reform Act, the first ocean shipping regulations passed by Congress since 1998.

Bulk commodity shipping stocks held up well before this month. Now they’re falling alongside container shipping stocks.

Acuerdo alcanzado tras meses de rechazo

The Surface Transportation Board has granted Amtrak’s request to access limited confidential data from CSX and Norfolk Southern as the board mulls Amtrak’s request to establish Gulf Coast passenger rail service. The board also ordered mediation among all parties.

Not many retailers use them right now, but parcel lockers could hold the key to cutting last-mile costs.

On WHAT THE TRUCK?!?: Why this startup is betting big on Tesla Semis; Biden vs Boats; Shifting FreightTech needs and news

FreightWaves SONAR data can be indispensable, particularly in this environment.

What goods are being shipped and from where? How do the shipments that pass through Poland make it to Ukraine?

Alphabet-backed Wing is hoping to expand its drone delivery service in Virginia through the introduction of a public delivery zone.

Truckload spot rates from Chicago to Dallas continue to drop, and overall volume shipped from China to the US drops 36% in the last year.

The Federal Railroad Administration is now requiring the Class I railroads, Amtrak and commuter railroads to submit fatigue risk management plans annually to the agency.

FreightWaves presents the Small Fleet & Owner-Operator Summit on Wednesday, June 15.

Cass freight data shows shipments recovered in May as costs stepped down from record levels.

Logistics provider LeeWay Services Inc. filed for an initial public offering of up to $17 million with the Securities and Exchange Commission Monday.

Shanghai’s weekend quarantine of 15 out of its 16 districts affected the flow of exports bound for the Port of Shanghai, according to CNBC Supply Chain Heat Map provider OrientStar Group.

OceaNS Bridge Express, a partnership among NS, Union Pacific, Hapag-Lloyd and the Port of Virginia, could be a means to avoid West Coast port congestion while taking advantage of East Coast port capacity improvements.

BulkLoads.com founders Jared Flinn and Matt Fredin continue to expand their service offerings, launching Bulk Insurance Group this week.

Logistics warehouse operators Prologis and Duke Realty have come to terms in a $26 billion deal.