News

Ryder’s earnings rose sharply over the first quarter of 2021, with used truck sales a significant contributor to profitability.

CEO Brad Wright explains how Chunker’s short-term container storage model reduces risk for shippers.

CEO Brett Suma is optimistic about rolling out Loadsmith’s autonomous middle-mile offering between select origin and destination pairings.

Trucker Path listens to what drivers need and hands them the tools to mitigate some of the most common struggles they face everywhere they go.

Parcel data is incredibly complex. Shippers often don’t know how to begin working with this data because it cannot be properly visualized via traditional methods like Excel spreadsheets.

The governor of New Mexico has secured funding to help fight 20 early-season wildfires burning in the state (video forecast included).

Kai Timmermann says the FMC’s “relatively standardized narrow dataset will solve a large portion of operational issues” in global shipping.

A Wisconsin trucking company reveals how it has shifted into a higher training gear under President Biden’s 90-day trucker apprenticeship challenge.

UPS persevered through a drop in demand during the first quarter, beating analysts’ profit estimates.

New reports from Maersk, Kuehne+Nagel and Drewry point to an ongoing boom for container shipping lines.

COVID lockdowns in major Chinese cities are bottling up freight shipments, but the full impact on global trade won’t be clear until this summer.

Manna, an Ireland-based drone delivery company, plans to bring its service to the U.S. and mainland Europe.

FreightWaves’ final mile-focused Modern Shipper brand was named Best New Product on Tuesday in the 68th Annual Jesse H. Neal Awards.

Class I railroads are less concerned with capacity as volumes decline, and the range of spot rates from Kansas City to Chicago is narrowing.

China’s zero-COVID measures will make it harder for European exports to reach the East Coast because empty containers aren’t getting where they’re needed.

Q1 sales and earnings at the parent of Kenworth, Peterbilt and DAF Trucks posted records despite persistent supply chain issues.

Building the most effective RFPs possible requires self-awareness, attention to detail, industry insights and a willingness to adopt new technologies.

An Illinois-based trucking company has filed Chapter 11, citing a jury award of $10 million in December following a 2019 fatal truck crash involving one of its drivers.

Due to flooding, truckers will run into road closures the next couple of days from North Dakota to Minnesota (video forecast included).

Electric chassis startups from A to Z are tapping a legacy bodybuilder for help while one company creates its own complete electric van.

Diesel futures on the CME commodity exchange soared Monday even as crude prices fell, suggesting that the market is headed into a significant squeeze.

Retail stock pickers seem increasingly nervous about shipping. Shares of dry bulk, tanker, container and mixed-fleet owners all fell.

A three-judge panel heard arguments in a petition to overturn some of the changes in trucking hours-of-service rules implemented two years ago.

CSX, XPO Logistics and AIT Worldwide Logistics were among several companies to make sustainability announcements on Earth Day.

Air Lease Corp. is writing off $800 million worth of aircraft it can’t reclaim from Russian airlines – another reason leasing could be more expensive.

FreightWaves founder and CEO Craig Fuller writes about the impact of Chinese lockdowns on global supply chains and the U.S. trucking industry.

The Coordinated Bargaining Coalition, which represents the unions at the negotiating table, panned the Class I railroads’ offer to advance payments amid stalled talks over a new labor agreement.

Test riding the Nikola Tre, FMC’s Carl Bentzel on MDTI, mitigating driver risk and falling in an outhouse

Demand for truckers has hit a 22-month low, according to Bank of America. It’s the latest indicator that a trucking bloodbath is underway.

As part of FreightWaves’ The Future of Supply Chain event, Full Circle TMS will show how it can change omnichannel commerce fulfillment.

Cellular provider Verizon announced that it will add Express Parcel Lockers to its retail stores, streamlining the pickup process.

Curb management firm Automotus will spearhead a smart loading zones pilot program in Pittsburgh.

Outbound tender volumes are up 5.9% out of Houston, and the effects of the lockdown in Shanghai remain uncertain.

The Federal Railroad Administration has established a Climate Challenge initiative, which is targeting net-zero greenhouse gas emissions for the industry by 2050.

Finding skilled associates for your distribution center is challenging, so why not leave it to the professionals?

Trucking carriers face increased risk of nuclear verdicts, but managing those risks is not insurmountable, if done right and from the start.

A second late-season snowstorm shut down interstate travel over the weekend in parts of the Dakotas (video forecast included).

Amazon’s JFK-8 in Staten Island is the first warehouse in the company’s history to vote to unionize. Now, the ball is in the massive retailer’s court.

Three relatively small electric infrastructure grants speak volumes about the importance of direct current fast charging for commercial vehicles.

Class I railroads’ offer of advance payments is rebuffed by one union as contract talks continue.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: cargo theft in Mexico increases 18% during March; Kohler to invest $200M in Mexico; a new EV component factory has been announced for Ramos Arizpe; and truck driver is in critical condition after collision with train.

T/CCI makes heavy-duty air compressors in China, but it is looking to do what it can to meet customer demands to localize production.

The Surface Transportation Board wants ‘act on its own initiative’ to modify rules governing its response to service emergencies

This week: St. Christopher reports its 2022 charitable progress, Operation Lifesaver delivers funds to 11 states and FedEx partners with Social Motion for Autism Acceptance Month.

Most popular lanes in Poland? Driver pay? Impact of the war in Ukraine? A Polish freight broker offers insider knowledge.

This week’s rail news roundup includes CSX’s to offer SMART-TD members advance payments to improve relations and Wabtec’s latest acquisition.

Throughout its successful, 20-year history, Acuitive Solutions has taken the road less traveled by not trying to be all things for all customers.

As part o FreightWaves’ The Future of Supply Chain event, Blue Yonder will show how it can change the omni-channel commerce fulfillment.

FreightWaves’ Danny Gomez chats with Convoy CEO Dan Lewis and Generational Investment Management partner Joy Tuffield about the numerous benefits that come when competing companies collaborate on sustainability.

Emissions tracking and sustainability experts discuss the importance of tracking emissions and using that data to make informed decisions.

Flatbed truck operator Daseke is being told it should buy back its own stock in light of recent declines in its price.

As Cummins focuses on electrification and growing its traditional engine business, the company is preparing an IPO for its filtration business.

Agility Robotics has raised $150 million to fund development of its walking warehouse robots.

Emily Phillips, VP of advanced solutions at XPO Logistics, chats with FreightWaves’ Kaylee Nix at the Net-Zero Carbon Summit.

Dry van spot rates are falling faster than intermodal spot rates from Elizabeth to Chicago, and outbound tender volumes out of Seattle are up 8% w/w.

An inflection point has been reached. Customers are now much more focused on sustainability, according to Ray Fennelly of AIT Worldwide Logistics.

During FreightWaves’ Net-Zero Carbon Summit, experts chat about how FreightVana is working with One Tree Planted to plant a tree for every shipment it moves.

Mobility expert Larry Burns says getting the world off fossil fuels is a equation of ‘the power of and.’

Piles of paperwork plague every mode of transportation, and recent shifts in consumer shopping behavior — namely the ongoing e-commerce surge — have only made the problem worse.

Spot rates continue the rapid descent as truckload capacity continues to loosen rapidly. At the same time, accepted tender volumes turn…

Jonathan Hoffman and Andrew Wishnia discuss how the transportation sector is addressing climate change on Friday at FreightWaves’ 2022 Net-Zero Carbon Summit.

Norfolk Southern Chief Sustainability Officer Josh Raglin chats with Tyler Cole of FreightWaves about the ways that the freight rail industry is helping stakeholders adopt sustainable practices.

AIT Worldwide Logistics plans to use carbon offsets and emission-reduction strategies to reach net-zero emissions by 2035.

Locomation’s Cetin Mericli discusses how autonomous transport will provide emissions reductions and time savings for long-haul trucking.

Decarbonizing the supply chain will be easier through collaboration, and the head of the Sustainable Freight Buyers Alliance discusses why.

The U.S. government is preventing the sale of any item to a Russian cargo airline it accuses of flying U.S.-made aircraft in violation of sanctions.

A FedEx delivery driver just completed a 260-mile drive using a BrightDrop Zevo 600 electric van, setting a Guinness World Record.

Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.

Freight brokers, just like the truck drivers they serve, are in hot demand. A recruiter in the business discusses why. Also: diesel breaks another record.

The new president of the Truckload Carriers Association talks with an expert at FreightWaves about how environmental regulations and switching technologies impact the industry.

Volvo reported record Q1 truck sales despite ongoing supply chain interruptions. The company took a $423 million charge for suspending Russia business.

Developing strong carbon offset programs may be the holy grail, Redwood Logistics CEO says.

Many shippers are now looking to shorten the duration of their bid contracts in order to take advantage of current capacity and avoid being locked into sky-high rates as the market shifts.

Former EPA Administrator Christine Todd Whitman explains in an Earth Day interview how the freight industry can embrace a more environmentally friendly future.

The Shanghai lockdown isn’t following the same supply chain script as the big Chinese disruptions of 2020 and 2021.

GTI Transport Solutions announced Thursday the acquisition of container transport provider Foxconn Logistics.

TMS provider Revenova announced it has raised $63 million from Viking Global Investors.

United Airlines more than doubled its cargo revenue in the first quarter versus 2019. The passenger side is nearing full health too.

Precision scheduled railroading will help the western U.S. railroad recover service more efficiently, UP executives argue.

Truckload carrier Heartland Express beat first-quarter expectations Thursday.

The movement of materials and finished products between China and its key Asian suppliers is taking a big hit — and the ramifications will be felt around the world.

Outbound volumes are up 10% w/w out of Winchester, Virginia, and spot rates have fallen 14% from Elizabeth, New Jersey, to Boston.

Businesses large and small should begin preparations now to anticipate the unique challenges of peak season.

With the launch of its Buy with Prime service, Amazon is going head-to-head with Shopify, UPS and FedEx.

Management from Landstar System is predicting “another great year” even as spot market fundamentals loosen.

The Biden administration is pushing states to take a clean-energy approach to expand truck parking with new infrastructure money.

Convoy is preparing for FreightWaves’ second annual Net-Zero Carbon Summit, taking place Friday, April 22.

The eastern U.S. railroad says its hiring initiative is going well.

Truck drivers don’t earn overtime pay. Fixing that could address several key issues in the trucking industry.

The owner of a Michigan-based trucking company is free on bail after DEA agents arrested him on gun and drug charges after raiding his home and businesses.

Descartes is paying $4 million for last-mile routing technology firm Foxtrot.

One year after acquiring Grubhub, Germany’s Just Eat Takeaway is looking to sell the delivery business.

The Louisiana Senate approved a bill that would allow a tandem of 20-foot containers to be hauled on many of the state’s roads, with the goal of easing port congestion.

Three more individuals were sentenced in the Louisiana staged truck and bus accident scheme, with two receiving probation and a third sentenced to 18 months behind bars.

Logistics companies like Dimerco are combining air and road transport to move supplies for Mexican manufacturers from Asia.

The digital freight network has reached a $3.8 billion valuation after raising $160 million in series E funding and $100 in venture debt.

Knight-Swift Transportation lays out a thesis showing how large carriers will navigate a potential downturn considerably better than small fleets.

The trans-Pacific container trade is vastly different than pre-pandemic, with more ships, more competition, and a new leader: Maersk.

The U.S. railcar lessor doesn’t expect the war in Ukraine to impact company profits, but the conflict is affecting operations in Poland.

Navistar spending more than $190 million for an integrated powertrain in Alabama for North America .