Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
More planes and less cargo haven’t translated yet to a big drop in shipping prices between North America and Europe because of airport logistics problems.
As spot rates tumble, shippers should consider rerunning their RFPs to lock down better prices.
Truckload spot rates from Kansas City, Missouri, to Milwaukee trend downward while intermodal spot rates from Chicago to Atlanta rise to protect capacity.
Uber’s delivery segment, which includes Uber Eats and services like Uber Connect, had another solid quarter.
The U.S. Postal Service is offering online marketplaces a new e-commerce service designed to lower shipping costs for parcels.
Forecasters are saying severe storms and potentially strong tornadoes could return to the Plains on Wednesday (video forecast included).
Paxafe closes on additional $1.5 million round led by Venture 53 with participation from Value Chain Ventures, project44’s Jett McCandless and Metafora’s Peter Rentschler.
A hearing at the Surface Transportation Board raised hard questions that could influence the trajectory of the freight rail industry.
Werner Enterprises continues to see solid contractual rate increases. However, it warned that newly minted carriers dependent on the spot market are likely in trouble.
TuSimple, the autonomous truck developer is delaying its purpose-built driverless truck to 2025 while slowing its roll in other areas.
Mineta led the agency during the 9/11 attacks and oversaw the TSA’s launch.
Pete Buttigieg pushed back during a DOT budget hearing in the Senate against an effort to blame the Biden administration for rising inflation.
New container prices, new production, lease rates, lease durations and used container prices are all down.
Lyft, one of the major players in the increasingly profitable ride-hailing industry, reported strong revenue growth Tuesday in its Q1 2022 earnings.
Management from flatbed provider Daseke said April was “strong,” a continuation of the better-than-expected performance it recorded in the first quarter.
GoBolt, a Toronto-based provider of last-mile logistics and e-commerce fulfillment solutions, brings its all-electric fleet to the U.S.
Freight forwarding, supply chain and express units see strong trade-related demand.
Paccurate raised $2.2 million to advance its cartonization and optimization platform.
Parade’s leading software learns from every carrier interaction received to better match brokers with the right carriers.
Class I railroads cut domestic intermodal rates by 82 cents from Atlanta to Dallas, and rejections in the Ontario, California, market hit below 3%.
Transportation capacity grew for the first time since May 2020, according to a monthly supply chain survey.
E-commerce 3PL Fulfyld is deploying inVia Robotics automation in its Alabama warehouse.
Expeditors suffered a serious cyberattack in the first quarter, with a loss of volume, but still managed to make more money than the first quarter of 2021.
Cummins Inc. expects to keep raising prices to stay ahead of inflation in the materials it buys for engines and powertrains.
Freight brokerage firm C.H. Robinson had its debt rating affirmed by Moody’s, with the agency seeing “disciplined” finances at the 3PL.
Working as an independent commissioned agent gives folks a level of control over both their business operations and their day-to-day schedules that is impossible to come by in a more traditional setting.
Truckers will have to keep taking detours in the Upper Midwest as flooded roads remain closed (video forecast included).
A private pilot and former IT consultant says the weather app he developed for truckers has been a “huge win” for him, as well as the drivers.
The benchmark DOE/EIA retail diesel price is at its all-time high after an almost 35-cent increase in the number since last week.
Nikola is raising money to scale its production of electric trucks through sales of new stock and tapping an equity line of credit.
The U.S. military has tapped private cargo airlines to ferry weapons for Ukraine to Poland.
Amazon workers vote against unionizing a second warehouse on Staten Island after an earlier union win, dealing a blow to the Amazon Labor Union.
As part of FreightWaves’ The Future of Supply Chain event, Redwood Logistics will demonstrate efficient and reliable ways to build data pipelines.
Locomation expects to be the first company to deploy autonomous trucking technology safely, legally and routinely in commercial operations at scale across the United States, starting next year.
Chicago-based Mark-It Express Logistics has acquired the operational assets of Joliet- Illinois-based Clean Car Connexion.
Turbulent times in trucking in with record diesel prices cutting into the cost everything, plus pyrotechnic logistics
LTL trucker Saia set several first-quarter records in its earnings report, and it will add 10 to 15 new terminals this year.
Canada isn’t a sleepy cargo destination anymore. E-commerce, cross-border and international shipping are robust, and Canadian airlines are adding freighters to meet the demand.
Amazon is gaining ground in its fight against union organizers at a warehouse on Staten Island, the company’s first to vote in favor of unionization.
Data insights play a large role in company planning and responsiveness across all levels of the supply chain.
Higher revenues contributed to increased profits in the first quarter for BNSF.
The Great Resignation has touched nearly every business, but if warehouse businesses want to weather the storm, they need to prove their commitment to growing, changing and doing better for employees.
The survival of electric pickup truck startup Lordstown Motors likely hinges on completing the plant sale to Taiwan’s Foxconn.
Atlanta’s outbound tender volumes begin to trend upward, and China’s unwillingness to ease its lockdowns continues to impact exports to the U.S.
For many logistics companies, full digitization across the supply chain is the ultimate goal.
Truckers will run into a sustained severe weather threat Monday across the Plains after a weekend of destructive storms (video forecast included).
Container-ship transits of the Panama Canal are up as liners favor the East Coast. LNG transits are down as U.S. gas heads to Europe.
Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.
AskWaves: What happens when an 18-wheeler gets a flat?
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s heavy-duty truck exports slump in March; Solar component maker opens Texas production line; Trucks collide near downtown San Antonio; CBP seizes $35M worth of meth in shipment of strawberry puree.
This week: J.B. Hunt recognizes its first female driver to hit 3 million safe driving miles, FedEx Ground announces its Entrepreneurs of the Year, and Walmart gives back to the community of its new distribution center.
TFI CEO Alain Bédard may want to set TForce Freight wages based on worker geographies instead of one uniform structure in upcoming talks with the Teamsters.
The way to create a winning situation for all is not by hiring more drivers but, according to Ranjan, by increasing driver utilization and reducing the trucking cost structure.
EFL Global this year celebrates its 40th anniversary in the freight forwarding and 3PL business.
“Higher shipping costs hit prices of imported goods at the dock within two months and quickly pass through to producer prices — many of whom rely on imported inputs to manufacture their goods,” IMF researchers wrote.
Tender volumes and tender rejection rates are both on a rapid decline, signaling trouble for the truckload market. Carriers and shippers alike will need to…
As part of FreightWaves’ The Future of Supply Chain event, TriumphPay will demonstrate how to pay invoices quickly and efficiently.
While consumers are directly responsible for the majority of food waste, supply chain mishaps cause 40% of food waste in North America. That includes food that spoils in transit.
Intermodal and the chassis issues that have operator at wits end; nuclear verdicts; trucker plays song; Freight Caviar and Boris Panov take Macedonia
Commercial vehicle crashes often make front page news, but these accidents — and resulting injuries and fatalities — are actually on the decline.
Companies across the logistics industry will need to start considering their carbon footprint as new regulations come down and consumers start voting with their dollars.
USA Truck posted its seventh consecutive quarter of record earnings Thursday and expects 2022 to be another record year, James Reed, president and CEO, said during a call with analysts Friday.
Management from ArcBest said positive yield actions are allowing it to keep reinvesting in the network, which will continue to improve service and margins.
On an earnings call with analysts, Covenant Logistics execs talked about the strong quarterly performance but noted that costs beyond fuel continue to rise.
Retention efforts across the industry tend to focus primarily on pay. While pay is certainly an important factor in retaining quality drivers, simply issuing raises is not the answer to the driver turnover issue that plagues the industry.
Nikola is helping to bring electric infrastructure companies to the Arizona desert where it has begun production of electric trucks.
Instacart and regional grocer Publix are partnering to debut the grocery delivery giant’s 15-minute offering in Miami.
The trucking industry is looking to pull young people into the industry through a new group. FreightWaves talks to the organization’s president.
Cargojet last year announced an order for two passenger-to-freighter conversions of the Boeing 777 but was less public about buying six more of the aircraft.
Using data to optimize supply chain efficiencies can reduce costs and greenhouse gas emissions.
The 7th Circuit Court of Appeals has found that just because an employee is out on FMLA leave or has recently returned from FMLA leave, it does not mean an employer cannot terminate that employee for legitimate performance issues.
Customers are keen to lock in capacity for the year and mitigate risk, executives said during Hub Group’s first-quarter 2022 earnings call.
ArcBest easily beat first-quarter expectations Friday. The positive revenue trends have carried through April.
Forecasters are calling for an elevated risk of tornadoes and large hail this weekend in several states (video forecast included).
Intermodal and truckload spot rates both continue to decline.
A previously convicted fraudster ran a Ponzi scheme and bilked investors out of $40 million in a truck investment venture, then used the money to pay personal expenses, feds say.
Net sales hit the high end of estimates; shares get whacked in after-hours trade.
Arkansas-based USA Truck produced the best first-quarter earnings per share in the company’s 29-year history and the seventh consecutive quarter of record earnings.
In this issue, economic headwinds hit trucking; driver survey on state of the industry; Nikolas hit the streets; close call in WA
The group wants the contract with the Oshkosh unit blocked until the agency prepares a better environmental impact report.
A trucking recession will hurt small truckers over big ones. Some truck drivers said plummeting rates are already hurting them.
Schneider beat estimates and raised full-year expectations Thursday. Management has been “encouraged” by contractual rate renewals so far this year.
“The only reason for an oil tanker to go to Saldanha Bay is to unload the oil into storage,” says an industry consultant.
Reliance Partners’ Robert Kaferle dives into SMS scores and the BASICs that determine them.
Canadian Pacific believes its acquisition of Kansas City Southern is still on pace to receive federal approval sometime early next year.
Trucker Grant Quinton was “choked up” after being recognized for pulling a man and his grandson from their flipped vehicle.
Amazon has lifted its long-standing policy of restricting warehouse employees from using their cellphones on the job.
Converting passenger aircraft for cargo use is like rebuilding a house. One alternative is a quick makeover for carrying parcels in the cabin.
“Our belief is we can use the software we have built for large carriers to do the last mile and apply that software for local DC-to-DC [shipments] to pass our relay efficiencies and savings to shippers while allowing drivers in our network to earn more,” said Baton’s co-founder.
Forward Air beat first-quarter expectations and pulled forward 2023 financial targets by a full year.
BulkLoads.com said that shippers can now use MyCarrierPackets.com services within its BulkTMS solution, allowing for monitoring of insurance status and safety compliance of carriers.
Last year, freight rates spiked as many shipping companies and logistics providers struggled to maintain in the midst of rising trade volume, while numerous countries were reinstating travel restrictions to curb the spread of COVID-19.
FreightWaves hosted its second annual Net-Zero Carbon Summit, sponsored by Convoy, on Friday.
Over the last few years, and as economies continue to evolve, many companies across many industries are switching to technology as a new way to streamline their operations.
Last-mile delivery service AxleHire has expanded into Baltimore and Washington, giving it a presence in three of the top five cities on the East Coast.
Federal regulators plan to require truckers to limit their truck speeds by using electronic engine control devices.
President Adam Kahn joins the show to demonstrate how fleets use Netradyne to reward good driving behavior and identify areas for improvement.
E2open has completed its first full year as a public company with good numbers, although the stock price is lagging.
Truckers will probably have to chain up Friday as a late-season storm dumps heavy snow in the northern Rockies.
Diesel has been climbing at a rate far greater than that of gasoline or crude, and a well-known economist offers reasons why that is likely to continue.
