FreightWaves, in partnership with MerQube, an index provider, on Tuesday released a supply chain tech index. This index is composed of companies identified by FreightWaves and MerQube as supply chain tech companies and traded on developed market exchanges.
Cameron Eastman, a software-as-a-service veteran, has joined supply chain digital ecosystem Transflo as its new CFO to lead its next stage of product development.
Just two years after acquiring Kuebix in a $200 million deal, Trimble announced it will entirely shut down the TMS provider by the end of 2025.
Less than 6% of all truckload shipments in the U.S. are currently being rejected.
The parents of a woman killed last month after a trucker crashed into an overpass on Interstate 25 in Colorado have filed a wrongful death lawsuit against the towing company and the driver.
DHL Supply Chain provides visibility across the entire supply chain with top-notch transparency and easy-to-understand performance-tracking tools.
Many of the pandemic-fueled headwinds that have plagued the logistics industry over the past two years are beginning to subside, but U.S. ports are still being slammed with more volume than they can handle on a daily basis.
This week in Borderlands: Mexico’s auto production rises 31% in August; Mission Produce and NatureSweet enter 3PL partnership; Automated bookkeeper for trucking gets backing from Google; and CBP makes largest meth seizure in Del Rio’s history.
This week: Logistics companies, trailer manufacturers and trucking nonprofits prepare to celebrate drivers for National Truck Driver Appreciation week.
U.S. Xpress is going through a reorganization following a recent round of layoffs. The technology-driven Variant program will be merged into a larger Highway Services group, which will include the legacy over-the-road business and the USX freight brokerage.
When it comes to truck driver safety, one might assume that the majority of injuries are the result of vehicle crashes, but this is not always the case.
“Inflation has spiked aggressively, you have rising fuel costs as well and we recognize that sometimes two days or longer may still be too long to wait,” says Convoy co-founder Grant Goodale.
Driver training schools are seeing an influx of those interested in joining the trucking industry.
In the pursuit of a clean-energy freight industry, Lightning eMotors is working to make carbon-neutral operations possible.
Daimler Truck North America is working toward a carbon-neutral industry by advancing the technology of medium- and heavy-duty truck charging.
Truck drivers from around the world will soon be eligible for participation in Canada’s Express Entry immigration program.
Uber Freight executive Olivia Hu joins chat about the advancement of the autonomous trucking industry during FreightWaves’ Autonomous and Electric Vehicles Summit.
Though often overlooked, improving truck driver behavior packs a punch when it comes to maximizing fuel efficiency. Research shows up to 30% of fuel consumption comes from decisions drivers make on the road.
A Texas court has reversed a $7.4M gross negligence verdict against a trucking company and its driver.
This week in Borderlands: Texas-Mexico trade expected to top $1.5 trillion by 2050; fast growing logistics firm expands in Laredo; Phoenix distribution center sells for $92 million; and Dallas last-mile provider shuts down.
For many over-the-road drivers, a major source of their meals can come from C-store locations built into truck stops like Love’s, Flying J and Pilot.
Community colleges to prepare veterans for jobs in trucking
Tenstreet’s Marilyn Surber says it’s better to refrain from making serious strategy changes or even exiting the recruiting game altogether in the evolving truck driving climate.
A former dispatcher outlines his career path in the wild world of trucking. The only certainty is just how chaotic trucking can get.
The trucking business is often cyclical, and understanding the changes in profitability is a great barometer for the general macroeconomic outlook.
The Environmental Protection Agency released a report on the Diesel Emissions Reduction Act, including the emissions, health and economic impacts.
Loomis Express workers have called off a strike after reaching a tentative agreement on a new contract.
The easiest way to keep roadside incidents in check — and protect profits — is to invest in predictive maintenance technology upfront.
Loomis Express workers across Canada could go on strike by noon Wednesday.
The holiday peak season could provide carriers with the perfect opportunity to strengthen their relationships with shippers going into the new year, securing more consistent and higher-value freight as the market continues to loosen.
This week in Borderlands: Kansas City Southern set to build second rail bridge in Laredo; Texas firm constructing a truck and trailer parking facility near Houston; Omni Logistics opens new shipping hub in Dallas; and New Mexico port expanding with help from federal grant.
Importers have been shifting to the East Coast since 2021, but the full realization of this has peaked over the summer. The shifting import pattern has strong downstream effects for surface transportation providers.
On Monday, the Iowa-based truckload carrier acquired several assets from the Contract Freighters Inc. (CFI) portfolio
While freight demand is still present, the industry is seeing a softening.
The Inflation Reduction Act has been signed into law. What do its climate measures mean for supply chains?
Ambassador Esteban Moctezuma says that border-crossing expansions in Texas and Mexico are critical to North American trade.
Plug Power will supply Amazon with 10,950 tons of green hydrogen annually for transportation and building operations starting in 2025.
The Postal Service is leaning on freight brokers as it cuts costs and chases efficiency. That’s bad news for long-time contractors.
Biden signs bill providing tax credit of up to $40,000 per truck
FreightWaves asks experts how cooking oil goes from frying food to fueling vehicles and answers the question: Does it smell like french fries?
FreightTech 100 nominations end soon It’s the second most wonderful time of the year behind college football returning. If you or someone you know is innovating or disrupting the freight […]
In order to be proactive in both the planning stage and throughout the year, shippers need access to accurate, digestible and up-to-date data.
Chattanooga, Tennessee-based U.S. Xpress is cutting another 5% of its corporate workforce in the trucking company’s second round of layoffs in three months.
Dallas-area transportation companies are getting back to work after record-breaking rain and floods.
Many facets of trucking used to be highly regulated. But recently, Washington has kept its distance from the $800 billion industry.
This week in Borderlands: Canada remains top US trading partner; Flexport executive joins Nuvocargo; PLA opens Houston pallet facility; and North Texas Trailers acquired by Ehrsam Enterprises.
Rail service levels are impacting trucking intermodal growth plans. At a Deutsche Bank transportation conference on Tuesday, J.B. Hunt noted that intermodal demand remained strong but poor rail service appears to be creating a bottleneck.
Ports in Houston, Corpus Christi, Texas, and Mobile, Alabama, continued to see increased cargo volume in July.
Trailer pools as a hedge against contract rate declines, Electric truck infrastructure — breakthroughs versus misconceptions
After initially blaming an “unplanned system outage” for its computer networks being knocked offline since early Monday, Apex Capital Corp. and its subsidiary, TCS Fuel, confirmed late Tuesday that both companies’ systems were targeted in a malware attack.
Melissa Forman chats with Anne Reinke and Mark Baxa about how important it is for there to be communication across all platforms in order to create a more efficient payment process for carriers.
Trucking fintech AtoB on Wednesday announced raising $155M in a Series B round.
Chemicals and logistics experts discuss the impacts of using payments technology during FreightWaves’ Supply Chain Meets FinTech event.
Tyson Foods was chosen as a Shipper of Choice — an award that recognizes retailers and distributors that value their carrier relationships.
The logistics industry is collaborative by nature and leaning into that fact is one of the most effective ways carriers can ward against turmoil during market shifts.
Experts discuss the different scopes of emissions in supply chains and how warehouse operators and fleets can take advantage of efficiency gains to lower emissions.
Walmart announced a new high-tech consolidation center in Pennsylvania, creating up to 1,000 jobs, will open soon.
A FreightWaves survey of carriers suggests most believe California’s AB5 independent contractor law will affect their business.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Texas bridge expanding to include full cross-border commercial trucks; Mexico’s heavy-truck production, exports soar in July; Texas port receives $13.6M to renovate rail yard; and trucking company owner sentenced to prison for $12.7M fraud.
ATRI: Costliest year ever in trucking On Wednesday, the American Transportation Research Institute (ATRI) released its annual report on the operational costs of trucking. The report, which has been published […]
This week: University of Arkansas’ undergraduate integrated supply chain management program renamed in honor of J.B. Hunt; CFI wraps another truck for its “She Drives CFI” initiative; and Bendix helps build a new high school athletics facility in the new headquarters’ community.
Federal prosecutors on Wednesday dropped a fraud case against two former Celadon trucking company executives.
Legal battle over trucking independent contractors The trucking owner-operator business model is getting more legal challenges. The 7th U.S. Circuit Court of Appeals overturned a lower court decision in May […]
Mubadala Capital announces acquisition of Ontario-based Canada Cartage, one of the largest carriers in Canada.
FreezPak Logistics and BG Capital are partnering to build $1 billion in new cold storage space in port-centric markets across the U.S.
Convoy and FreightWaves experts discuss the effects that extreme weather conditions such as flash flooding have on truckers.
AskWaves dives into the different sources of emissions for electric vehicles compared to fossil fuel-powered vehicles.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: CBP urges trade community to adopt electronic export manifest; GXO to close Fort Worth, Texas, facility, lay off 116 workers; FedEx Ground opening distribution center near Houston; and Hisun Motors Corp opens $105M plant in Mexico.
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.
A Texas woman who murdered her trucking magnate husband has been indicted in a $9 million fraud involving Bill Hall Jr. Trucking.
Supply chain technology provider Trimble reported transportation revenue of $150 million for the second quarter.
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 “diesel nut” project between Chevron and Texas A&M AgriLife researchers aims to create a new breed of peanuts as a renewable fuel source.
Kellogg Co. was chosen as a Shipper of Choice — an award that recognizes retailers and distributors that value their carrier relationships.
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)
TravelCenters of America Inc. tops $3 billion in revenue for the second quarter.
Sustainability experts discuss how the transition to net-zero emissions in trucking will not look the same for every company.
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?
Trailer pool services are gaining adoption. Wabash, a major manufacturer of equipment, recently announced a partnership with Phoenix-based freight brokerage FreightVana to supply the company with its trailer-as-a-service (TaaS) platform.
Some 80 Houston owner-operators have been on strike against Hudd Transportation since Monday.
Even in a loose market, technological solutions aimed at optimizing freight movements remain useful.
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.
As fleet operators begin to incorporate electric trucks into their fleets, they are turning their attention to two areas: regulations and infrastructure.
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.
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.
A multistate initiative focused on cutting emissions from medium- and heavy-duty vehicles released an action plan for transitioning to zero-emission vehicles.
Despite a murky economic outlook, Covenant remains optimistic about the company’s business prospects through 2023.
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.
Covenant Logistics Group’s truckload revenue increased 29% year over year to $218 million, despite unprecedented cost inflation and higher insurance costs.
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.
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.
A common theme during the downward swing in the cyclical freight market cycle is the movement of owner-operators in and out of large fleets.
Triumph Bancorp posts strong second-quarter financial results while remaining “cautiously optimistic” for a relatively flat trucking and transportation market through the end of 2022.
A trucking recession is coming. Longtime truckers are closing their businesses as pay drops and expenses soar.
The Port of Oakland in California is experiencing a work stoppage and limited access to the container terminals as truckers escalate their protests against the state’s AB5 law.
Emissions-reducing technologies that can help make supply chains greener are available for vehicles of all sizes.
As more solutions enter the market and companies’ technological suites have become more sophisticated, integrations have gone from nice-to-have perks to need-to-have requirements for many shippers.
