Freight volumes could go higher in August
Volumes have recovered faster than many expected leading to many transportation companies posting earnings beats in Q2. There are no signs of slowing into August.
Volumes have recovered faster than many expected leading to many transportation companies posting earnings beats in Q2. There are no signs of slowing into August.
Company launches an online training platform called MyTruckerLife to help provide relationship resources for professional truck drivers and their families.
Jason Miller, associate professor at the Michigan State University Eli Broad College of Business, paints a bearish picture.
Co-Founder Andrew Leto addresses the growth of Emerge’s marketplace and the benefits it offers carriers and shippers.
Slumping oil prices and COVID-19 pandemic forced Houston-based Hi-Crush to file for Chapter 11 bankruptcy protection on Sunday.
Speeding is the focus of CVSA’s annual week-long Operation Safe Driver inspection blitz, which starts Sunday, July 12.
Ugarte is already under federal indictment in another case involving a $280 million pay-to-play bribery scheme to receive lucrative FedEx Ground contracts.
Mexican farmers set up blockades at the Pharr, Texas, port of entry to protest government cuts in agricultural spending.
When focusing on the movement of goods, transportation management systems (TMS) provide the engine for digitalization, but do not represent a complete digitalization solution.
The family-owned company, which filed for Chapter 11 bankruptcy protection, has been in business since 1994 and has 23 employees.
When different systems are being used to perform each task, syncing up those systems ranges from time-consuming to impossible.
Southern California has become the hot spot for freight in the post COVID-19 freight market. Could it be the region to tell us what’s next?
COVID-19 delayed CVSA’s annual International Roadcheck blitz in May.
A federal grand jury indicted reality TV star and trucking company owner Maurice Fayne, aka “Arkansas Mo,” charging him with wire fraud, bank fraud and money laundering.
TQL’s ‘aggressive legal team’ fighting class-action lawsuits on all fronts.
Aerospace industry supplier wants to turn supply chain into a competitive advantage.
Mo-Vac’s terminal manager stated that truck drivers, including Fabian Escobedo, were ordered to work at least 100 hours per week and sometimes worked 19-24 hours straight.
Chaves, ex-owner of CAT Transportation Inc., is awaiting sentencing in another federal case after pleading guilty to falsifying DOT records, bank fraud, identity theft and tax evasion in August 2019.
The best time to build on your company’s offerings through acquisitions may actually be during a global disruption.
Roadmaster Group doled out nearly $600,000 to drivers who risked their health to deliver the nation’s freight during the COVID-19 pandemic.
Investor Warburg Pincus said it supports a full investigation.
The safety of all motorists is paramount. An organizaton that is focused on the safety of truckers is Together for Safer Roads. Learn more about its mission and how it works.
The uncertainty that accompanies a disaster can shake a network to its core. There are ways to build a more resilient team.
Liftgates put a huge strain on a truck’s auxiliary batteries, upping the chances of inoperable equipment and dead trucks.
Brokers must stay ahead of the curve even in the best of times. In the midst of global market disruption, that becomes an even more important part of staying afloat.
Logistics providers, trucking companies and businesses closed early as potential protests were anticipated in the Chicago area.
Peaceful protests and civil unrest continue in many major cities, including Chicago, following the death of George Floyd
FreightWaves teamed up with Gulf Winds International to discuss how massive jury awards are taking a lasting toll on carriers.
Focusing on risk management can help protect fleets from the pain of paying massive damages.
Truck Driver Mike Baker hasn’t been home in 81 days, but said the sacrifice is worth it to keep his family save amid the coronavirus pandemic
Divided federal appeals court revived CRST’s driver-poaching lawsuit against TransAm
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. News reports that Uber is re-evaluating non-core units […]
Dairy Max, Convoy team up to deliver fresh milk to food banks in Texas with plans to expand in other states
$26.5 million ‘nuclear verdict’ stands in fatal road-rage crash in Oregon
Anthony and Zach discuss what to make of the recent recovery in volumes and what is happening today that may affect capacity later in the year as well as recent […]
Digital freight matching has pushed the industry to adapt.
Bulkloads.com has rolled out the first phase of a planned TMS system to ease document transfer during the COVID-19 pandemic. Plus, ports see container declines, diesel prices fall again and Ikea looking at buying malls.
Growth at Uber Freight took a pause in Q1 while the digital brokerage trimmed losses.
The coronavirus pandemic caught the world off guard, and it has ratcheted up the pressure on 3PLs and brokers to quickly adapt and employ new technologies.
Charley Dehoney spoke with the founder of BasicBlock, a blockchain startup based in Nebraska. Here is the story of the company’s success to-date.
As the battle for fair rates carries on, what if the solution is not government regulation, but rather the creation of a consortium that anonymizes rate data on a lane-by-lane basis for all to see?
The current focus on the rate war distracts from the real issue at hand: how to build a profitable trucking business and control your own future.
Trucking industry raises $75,000 to provide hand sanitizer, masks for drivers
Online load board Truckstop.com laid to rest once again the rumor that it has aspirations to become a brokerage, but it will continue to build out features connected to Book It […]
API integrations with shippers and carrier density were key.
The family of a Wyoming man killed in a head-on tractor-trailer crash has filed a wrongful death lawsuit against the driver and trucking company
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trucking schools see demand surge during coronavirus; $11.5 million drug bust at Laredo’s World Trade Bridge; cargo theft of trucks in Mexico up 25% during pandemic; Arizona fast-tracks project to expand truck parking on Interstate 40.
Trump appointee reaches out to ‘Mayday’ trucker to set up possible meeting
The global pandemic offers industry players the chance to trade competition for collaboration and disrupt the status quo.
A family-owned Massachusetts trucking company fell victim to a ransomware attack
Even as businesses have shut down, traffic data from Inrix showed that, as of April 17, 87% of all truck vehicle miles were still being driven.
Digital freight brokerage Transfix laid off about 10% of its staff on Tuesday
Trucking Freight Futures were lower across the board for a fifth consecutive session on Tuesday, as freight volumes and the uncertainty of economic recovery weighed on the market causing the spot National contract to fall 0.74% and close at $1.339 per mile.
Trucking Freight Futures were lower across the board for a fourth consecutive session on Monday, as freight volumes and the uncertainty of economic recovery weighed on the market, causing the spot National contract to finish down $0.01, or 0.74%, to $1.349 per mile.
For a third straight session on Friday, Trucking Freight Futures were lower across the board, capping one of the worst weekly performances since the contracts began trading, as volume concerns weighed on the market.
It was down session for Trucking Freight Futures as the market fell across the board for the second consecutive day on Thursday with the spot National contract down 0.9% to $1.367 per mile, driven lower by pressure in the East.
Declines in trucking shipments and spend, current and future, highlight the takeaways from U.S. Bank’s first-quarter Freight Payment Index report.
Trucking Freight Futures were lower across the board on Wednesday as the overall health of the economy weighed on rates with the spot National contract falling $0.012, or 0.9%, to $1.375 per mile.
The food supply chain is in peril as meat plants close and truck drivers struggle to find good-paying freight amid coronavirus.
It was a mixed day on Tuesday in the Trucking Freight Futures markets with uncertainty looming as to where rates may head in the near-term.
Charger Logistics recently became one of the first U.S. companies to install an HW’Intrawash autonomous trailer cleaning unit from Istobal for its facility in Laredo, Texas.
On road to recovery, Nicole Folz raises money to get more personal protective equipment in the hands of fellow truck drivers.
Businessman Bob Mericle says he wants to do his part during the coronavirus pandemic by offering free truck parking at his 15-acre, 400-space lot in Strafford, Missouri.
After a strong start to the week, Trucking Freight Futures finish mostly lower as freight fundamentals take hold.
Citing economic challenges tied to the coronavirus pandemic, as well as the need to focus resources toward targeted business units, Southern Refrigerated Transport (SRT), a solo-driven reefer subsidiary of the […]
JP Hampstead and Zach Strickland discuss the current freight climate. Contracted truckload volumes are still going down, but the pace of the decline has slowed.
It was a mixed Wednesday in the Trucking Freight Futures markets as the spot National contract (FUT.VNU202004) fell fractionally to $1.403 per mile with macroeconomic factors continuing to weigh on rates.
The Trucking Freight Futures markets slid across the board on Tuesday with the spot National contract falling 0.4% to $1.404 per mile as macroeconomic weighed heavily.
Trucking Freight Futures staged a strong rally on Monday after being closed Friday in observance of the Good Friday holiday.
Drivers have historically been hesitant to download tracking apps due to privacy concerns and “app overload.”
The Trucking Freight Futures markets were closed Friday in observance of the Good Friday holiday with the spot National contract finishing unchanged at $1.399 per mile week over week.
It was another mixed day for Trucking Freight Futures on Thursday as the spot National contract finished unchanged for the eighth consecutive session at $1.399 per mile.
Trucking Freight Futures continued to move in a narrow range for the second consecutive session on Wednesday as the spot National contract settled at $1.399/mile.
Sales of commercial trucks in Mexico fell 46.8% in March, according to Mexico’s National Association of Manufacturers of Buses, Trucks and Tractor-trucks
Trucking Freight Futures are relatively unchanged as a normal trading pattern returns on Tuesday.
Spot National Trucking Freight Futures opened flat on Monday as the Atlanta to Philadelphia lane weighed on the East region.
Leveraging data is the key to identifying supply chain transportation opportunities.
It was another strong week for Trucking Freight Futures as the April contracts “roll” to the new spot month.
On today’s episode, Dooner and The Dude are covering headlines concerning the grocery supply chain and if we’re running out of food, more manufacturers aid in making face masks as shippers pivot, and what new overweight waivers mean for carriers.
Trucking Freight Futures finish Thursday’s session mixed as the Dallas to Los Angeles lane (VDL) continues to rise.
QuickPay gives fleets access to same-day payment on the loads they deliver.
March Trucking Freight Futures contracts move to expiration as April “rolls” in as the spot month on Wednesday.
What might a post COVID-19 world look like for financially viable carriers that have managed through the uncertainty? Nobody knows for sure, but here are some possibilities.
Chris Henry writes about the true costs of “unseated” trucks and what carriers can do to keep their number of unseated trucks as close to zero as possible.
A 10,000 mile hedge was executed on Tuesday in the July 2020 East Regional Trucking Freight Futures contract at $1.628/mile.
Two opposing forces are making the task of transportation management more difficult than ever.
Trucking Freight Futures continued to climb on Monday as the March expiration approaches.
Contracted volumes, tender rejections, and spot rates all fell.
In this webinar, we’ll discuss how using commercial map intelligence in routing, navigation and driver trip-planning apps can help your business—from the back office to the cab—in this new normal.
Panic demand drives week-over-week surge in Trucking Freight Futures prices as futures close out strong on Friday.
Trucking Freight Futures continued to move higher on Thursday as supply chain tightness persists.
Trucking Freight Futures stage broad rally on Wednesday on tight capacity in the West.
The Trump administration is considering deploying troops near the Canadian border in response to the coronavirus pandemic.
Trucking Freight Futures closed higher on Tuesday on strength in the East region.
XPO increases paid sick leave by two weeks for employees affected by the coronavirus.
Murphy’s Law Distillery is supplying Canadian trucking companies with hand sanitizer as COVID-19 puts its artisanal alcohol business on hold.
Optimizing the supply chain is the Holy Grail of shipping, but many companies go about it the wrong way. Shipping expert Phil Ramsdale details some best practices.
Freight Management Systems (FMS) has created a new web-based TMS solution that brings in open API to extend and function within any brokerage operation.