Trucking

Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.

Saia Inc. (NASDAQ: SAIA) reported that its revenues and operating income were up in the second quarter of 2019. Headquartered in Johns Creek, Georgia, the less-than-truckload (LTL) carrier reported an […]

Innocent third parties who get caught up in Australia with illegal drug logistics, such as employers and transport operators, do not appear to fear the threat of having their property seized by the authorities.

Another motor carrier has fallen victim to this year’s freight recession as Terrill Transportation Inc. of Livermore, California, abruptly ceased operations on July 30.

Idle-reduction technology is still not being used by all fleets, despite laws and clear benefits of such systems.

Convoy says a study of its data shows that carriers in its network are safer than industry averages and have fewer cargo claims than the average carrier.

Companies that build a dedicated M&A program return more value to shareholders.

The average price of a Class 8 used truck sold in June was $48,800, up 6 percent compared to June 2018, according to the latest report by ACT Research.

On this week’s FreightWaves Insiders WorkHound CEO/Co-Founder Max Farrell takes us on his journey as a hustler with a hacker to the current day where he is successfully solving the driver retention issue through data and technology!

New equipment will allow U.S. Customs and Border Protection agents inspect up to 50 trucks per hour along the U.S. borders with Canada and Mexico.

Denser shipments and higher prices combined for a 6.9 percent improvement in revenue per LTL shipment.

USA Truck blames a softer freight environment, declining spot rates and unrealized bid awards for its lower-than-expected second-quarter results.

Canadian transportation firm reports a 13 percent increase in net income, helped in part by improved performance from its U.S. truckload businesses.

With the growth of technology in the trucking sector, drivers are now being monitored every second they are in the cab, which has led to concerns about privacy.

California-based startup Cargomatic competes in the local freight-matching marketplace, using technology to connect drivers and shippers without all the back office red tape.

The volatile 2018 freight market is still being felt throughout the nations trucking industry. The freight futures settlement

An Indiana judge sided with Dollar General in a negligence lawsuit filed by a former U.S. Xpress (NYSE: USX) delivery driver, who claimed his arm was ripped from its socket while unloading an overweight container at one of its stores in May of 2016.

Marten Transport posted its best-ever second quarter operating revenue and income in the company’s 74-year history, the company said in its July 18 earnings release.

Today’s fleets contend with the Amazon effect on logistics, have to keep up customer satisfaction levels, minimize operational costs and also attract and retain drivers. Technology could help make these challenges easier.

Canadian transportation and logistics firm selects interim chief financial officer Alex Fu for the permanent post.

Sandeep Kar has written a thought-provoking article about changes in trucks and how those changes affect truck drivers. He also writes about what the future may hold for truck drivers in the coming years.

Private fleet drivers stay with the company for 10 years on average.

Small carriers and owner-operators continue to lag behind their larger counterparts in making the switch from automatic onboard recording devices (AOBRDs) to electronic logging devices (ELDs).

Michigan State University and the FreightWaves Freight Intel Group have developed research on spot market freight. Read about that research here.

J.B. Hunt posted net earnings of $133.6 million in the second quarter, down 10 percent from a year ago.

Diesel prices jumped in the Midwest this month due to a significant tax increase. Small carriers will have to adjust to keep costs down and maintain business.

Less than truckload carrier LME has suddenly closed its doors.

ACT Research says the trucking industry meets the definition of being in a technical recession as all major metrics it tracks have declined for two consecutive quarters.

GTZamp automates multi-movement routes, offering loads to drivers based on an ever-growing number of attributes.

Mack Trucks has built its 100,000th truck equipped with the GuardDog Connect integrated telematics system since first launching the product in 2014.

Atlas Air has won an injunction ordering pilots that have been staging sickouts and delays to stop the practice.

Charger Logistics’ new state-of-the-art facility in Laredo is up and running. The company aims to double its business in Mexico and grow overall capacity by 200 trucks and manage 600 […]

FreightWaves’ Freight Intel Group has released a new study of the impact of IMO 2020 on the U.S. trucking industries (and other industries). Read what may happen to diesel fuel prices.

Durable goods and dry van orders are declining. Could this mean a rough second half of 2019?

The Fourth of July weekend brings a record number of Americans on the highways, increasing accidents due to driving distractions, intoxication and even fatigue.

Halliburton, Schlumberger Limited, and Basic Energy Services have seen their stock prices decimated by weak demand and a fierce price war.

Cold beers, grilled meat, guacamole and fireworks are part of many Fourth of July parties, and San Antonio is benefitting from inbound shipments as the national holiday approaches.  The San […]

A top American manufacture wins award for its treatment of truckers.

Global floor-covering giant Shaw Industries Group Inc. said it is continually evaluating new methods to improve efficiency, best practices and its carrier-centric approach to become a Shipper of Choice.

It’s been a difficult road for Roadrunner to say the least. The company announces CFO departure.

ELDs and artificial intelligence have increased the number of opportunities for drivers by allowing for solutions that offer load matching and more.

Many companies still do not have cyber insurance and are vulnerable to the costs associated with a data breach.

England Logistics has partnered with Trucker Tools to streamline operations and provide real-time visibility to customers, allowing the company to eliminate many broker inefficiencies.

Caroline Mulroney will be the ministry’s third leader in less than a year as province’s government contends with widespread public dissatisfaction.

Michael Lewis wrote “Moneyball” about the tactics Billy Beane used to improve the Oakland A’s. Read Zach Strickland’s take on using moneyball tactics in the freight market.

Smoking crystal meth directly led to a fatal crash that killed two truckers; meanwhile, dead kangaroos, speeding, and dodgy crane operators feature in two labor-law hearings in Australia

Beemac Logistics, a Beaver, Pennsylvania-based transportation and logistics provider, has opened a new office in Houston to better serve clients in the region, said chief commercial officer Michael Ceravolo. Beemac […]

Land O’Lakes continues to value the companies that haul its freight and the drivers that show up to its docks, even as the state of the market shifts.

Global shipping and logistics giant UPS said it collaborates directly with its customers to reduce wait times at docks to increase efficiency and productivity and reduce detention time for its drivers.

The data that can be gathered from a truck’s telematics has caused a shift from selling trucks as products to selling trucks as solutions to owners’ issues.

Correction: The previous headline in this article was corrected to reflect that Darigold plans to export 50 percent of its products globally in coming years. United States dairy producer Darigold […]

Why is it hot for carriers in Fayetteville, AR and why is rail suffering?

Lakefront Futures & Options will be marketing Trucking Freight Futures through its new Trucking Derivatives Group. Read the article and learn more about Trucking Freight Futures and Lakefront Futures & Options.

Preliminary used truck sales in the heaviest weight segment – Class 8 – dropped 22 percent in May compared with the May 2018.

Navistar announces plans to invest $125 million in new and existing facilities in Alabama.

Dupré Logistics recently announced that Mike Weindel has assumed the new role of president of the Lafayette, Lousiana-based company.

A Durham, North Carolina-based logistics company filed for Chapter 11 bankruptcy reorganization on June 13.

Small carrier profits are about to be pressured by a large government organization and it’s not the FMCSA, DOT, or CVSA.

The scale and growth of China’s domestic over-the-road trucking and international ocean container shipping trade has been revealed in new data from the country’s Ministry of Transport.

Today on FreightWaves NOW, carriers need to take advantage of YOY rate increases happening right now. Meanwhile, the economic outlook for the freight industry isn’t pretty. Recent Wall Street reports […]

Law includes transportation regulations and stipulation that the government doesn’t want to interfere with interstate commerce.

FreightWaves is partnering with TIA to host a complimentary hour-long webinar on Tuesday, June 25 at 2pm EDT to address everything you need to know about Trucking Freight Futures and how they can be applied uniquely to your business.

The truckload spot market experienced another month of softness in May, confirming recent commentary that normal seasonality isn’t taking shape.

FreightWaves Market Expert Anthony Smith writes about the issues impacting the U.S. housing market. As important as these issues are, they have a ripple effect on other areas of the U.S. economy, including trucking.

Today on FreightWaves NOW, we hit reefer volumes and seasonality action out West, intermodal and rail year-over-year updates, and a jobs report.

Continental and Leia are working on a 3D instrument display that brings to life the vehicle and its surroundings.

Freight visibility is no longer considered a premium benefit the best brokers offer their shippers. It is simply an expectation that most brokers struggle to meet.

The highways of Mexico continue to be risky for truckers as cargo thefts rose 6 percent for the first four months of 2019, according to the Mexico City-based National Chamber […]

To explore the benefits and drawbacks of new technologies and explore real-life testimonials of companies who have incorporated new tools to improve back-office efficiency, FreightWaves and TriumphPay are partnering to present an hourlong webinar on Tuesday, June 18, at 2pm EDT

Data’s role in improving operational efficiency within the freight industry is growing bigger, even as security concerns around keeping data secure is mounting.

FreightWaves’ SONAR chart of the week (June 9, 2019 – June 15, 2019) Chart of the Week: Wait Time (El Paso, Laredo) (SONAR: WAIT.ELP, WAIT.LRD) International trade has been a […]

Today on FreightWaves NOW, we are talking tech with two tech nerds. Ken Smith talks dirty data, and what it takes to clean it up. Lincoln Duff talks about Amazon’s […]

The first Uber Freight European load has been moved in the Netherlands. The cargo was for Heineken.

Purchase of fellow New Brunswick carrier adds a long-haul open-deck business that serves Canada and the United States

Today on FreightWaves NOW, Seth Holm brings us the not-so-good news about the current economic situation.

Today on FreightWaves NOW, we talk to brokers, carriers, shippers, and even look at the maritime outlook from a global perspective. Where are volumes and rates heading Taco Tuesday, June 4?

Nearly C$50 million from the Canadian government will allow more cargo to move between terminals via rail, while rerouting rigs away from eastern city’s downtown.

Today on FreightWaves NOW, we give you quick hitters on volumes, the headhaul index, and a look at the latest consumer spending. Something here for carriers, brokers, and shippers.

FreightWaves has acquired StakUp as part of a multi-faceted partnership with the Truckload Carriers Association.

Approximately 9,000 inspectors in North America will be inspecting commercial vehicles and drivers during the Commercial Vehicle Safety Alliance’s annual enforcement blitz scheduled for June 4-6.

Diesel prices fall in the western Canadian province as a leader makes good on a campaign pledge. But the Trudeau government plans impose a federal surcharge soon.

Last year, carriers avoided hotspots for vehicle inspections during CVSA’s Roadcheck week. Now the market has turned, so has their attitude about these areas.

The purchase is the latest in a string of acquisitions the company has completed in the past five years.

Nearly 47,000 Americans work in trucking-related jobs supported by cross-border freight movements with Canada and Mexico. A significant number of jobs could be impacted by President Donald Trump’s latest tariff threat on all Mexican imports.

While the degradation was seen across most sectors, the transports are seeing outsized declines.

Other Bets revenue, primarily consisting of Uber Freight, increased 263 percent year-over-year to $145 million.

Canadian transport firm says cross-border truckload and intermodal division had struggled with weak freight market in Northeast U.S.

DDC FPO launched a free online tool to help transportation and logistics professionals calculate how much of their operational costs are going toward in-house bill of lading (BOL) processing.

Legal opinion aims to clear the air surrounding movement of products allowed under federal law across the United States.

Oversize helps brokers and fleets save time that is needlessly spent navigating the complex regulatory landscape of carrying overdimensional cargo.

Trucker Jobandeep Sandhu is fighting his deportation from Canada after he exceeded the limit on his student visa.

Air cargo market expert explores the fascinating process of moving livestock – particularly horses – by air.

Truck drivers in Maverick Transportation’s refrigerated division said they received messages late Thursday, May 23, stating the company is selling its temperature-controlled business to KLLM Transport Services.

Last week the widely reported headline was “Housing Starts Climb Almost 6 Percent in April” yet many in the transportation marketplace openly questioned how that was possible. Whether it is […]

As the price of diesel continues to hover around $3.16 per gallon nationwide, trucking companies are investing in solutions to improve fuel mileage.

FreightWaves CEO Craig Fuller assesses current conditions impacting trucking and outlines what is ahead for the industry.

U.S. President Donald Trump is pushing ahead on the successor of NAFTA following the end of tariffs on Canadian and Mexican metals.

As the logistics industry continues to plow millions of dollars into digital freight matching
(DFM) technology that pairs shippers and carriers, there is a clear difference of
approach between third-party logistics providers (3PLs) that seek to minimize the “human element” and those that embrace the combination of automation technology and teams of skilled logistics professionals.

Ever wondered where trucks go? Wonder no more. A massive telematics study tells us exactly how and where trucks move. Also: health and safety, daylight robbery, law reform and compliance.