Inspection blitzes frustrate truck drivers. But economists found that the International Roadcheck Week boosts overall road safety.
Diesel inventories on the East Coast are at record lows. Truckers are spooked by the vanishing stocks and soaring rates.
A source familiar with the 96-year-old company said he is unsure whether CFL will file Chapter 7 or “liquidate outside of bankruptcy,” but that the LTL carrier has no plans to reorganize.
On this episode of Freightonomics, Zach Strickland and Anthony Smith talk about the need to cram for warehouse space with Zac Rogers from Colorado State University.
This week’s DHL Supply Chain Pricing Power Index: 75 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 70 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 70 (Carriers) […]
“Their team construct is fundamentally different. When you look at their data science, machine learning and computer science background, they are best in class.”
The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency.
Marten’s third quarter numbers reflected a challenging freight market.
A Texas trucking company and its affiliated companies have shuttered operations and recently filed for bankruptcy liquidation, citing serious financial conditions as the main reason.
Forecasts of a bullish freight market were featured in this month’s State of Freight webinar for FreightWaves SONAR.
In this issue of the WHAT THE TRUCK?!? newsletter: is the market normalizing; trucking pandas; more
After mounting pressure from some shareholders following an ill-fated merger, sources have confirmed to FreightWaves that Forward Air is working with investment bankers to sell the company.
Joe Anderson and Caleb Gee, co-founders of Truck Driver’s Best, join Jeremy Reymer to discuss their effort to provide a sorely needed service for drivers. Drivers can leverage Truck Driver’s Best for career advice, enabling them to make better decisions as they lean on the experience and expertise of the co-founders.
Portwide expansion and upgrades for ship, rail and truck have Charleston, South Carolina, officials eyeing annual capacity of 10 million TEUs for the fast-growing Southeastern maritime hub.
ATRI’s 2024 “Critical Issues in the Trucking Industry” report saw truck parking dominate driver concerns, while motor carriers worry more about the economy.
Consol Energy is suing the owner of the ship that caused the Baltimore bridge collapse that forced the company to shut down its export terminal for most of Q2.
The Surface Transportation Board has approved acquisition by Canadian Pacific Kansas City and CSX Transportation of the Meridian & Bigbee Railroad from Genesee & Wyoming, allowing the two Class I lines to create a new direct connection at Myrtlewood, Alabama.
Federal officials’ proposal to ban cargo trucks from a Texas border bridge has drawn criticism from the trade community.
Trucking and marijuana use was the background issue in arguments before the U.S. Supreme Court this week regarding a driver who was dismissed for failing a THC test even though he hadn’t used marijuana.
Weekly U.S. rail traffic rebounded into positive territory compared to 2023 for the week ending Oct. 12, after falling below previous-year levels a week earlier.
The air cargo sector is finishing the year with a flourish as peak season demand pushes freight rates even higher.
While hedge funds wring savings from other Class 1 railroads, Union Pacific CEO Jim Vena says his line can win new business with service and “operational excellence.”
Lexmark Laureate Brant Nystrom shares how Optra Edge can help freight companies save millions of dollars by streamlining their asset tracking, gate management, data processing, PPE compliance initiatives, and even trailer loading and unloading.
CSX faces more than $200 million in reconstruction costs as a result of Hurricanes Helene and Milton, and the income impacts of the storms will be felt in both the third and fourth quarters.
The TriumphPay payments network turned in a positive EBITDA performance in Q3, a key benchmark for the company.
Tender rejection rates rise for reefer, but remain muted for dry van, suggesting supply and demand in the reefer segment is much more balanced.
Roadtex moves partial truckload shipments via consolidated full truckloads directly from its 32 nationwide warehouse centers to the retailer, resulting in less handling and better OTIF rates.
CSX Corp. reported third-quarter operating income of $1.35 billion with net earnings of $894 million, or 46 cents per diluted share, in financial results announced Wednesday.
Nick Persin, director of strategic partnerships for FreightWaves SONAR, spoke with Dylan Alperin, VP of professional services at Keelvar, during the October Webinar about delivering SONAR’s truckload datasets to the Keelvar platform.
Logistics real estate investment trust Prologis said it doesn’t expect the market to positively inflect until mid-2025.
From mainstay events like kick-off parties to more unique offerings like professional speed dating, the summit gives brokers and carriers numerous opportunities to seek each other out.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Marc Gorlin; Wendy Buckley; Justin Boren
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Backers of California’s AB5 independent contractor law have scored a fresh victory after the U.S. Supreme Court declined to review the Postmates/Uber case.
Logistics warehouse operator Prologis beat third-quarter expectations even as some key metrics dipped amid a market “bottoming process.”
J.B. Hunt Transport Services beat third-quarter expectations as it awaits a turn in the freight market.
The benchmark diesel price used for most fuel surcharges rose for a fourth straight week, but futures prices plunged.
J.B. Hunt Transport Services reported a better-than-expected result for the 2024 third quarter on Tuesday after the market closed.
SeaPort Manatee near Tampa, Florida, is slated to get millions of dollars in emergency state funding to help recover from the effects of Hurricane Milton.
FedEx transported six giant pandas between the United States and China this week on what the company calls the “FedEx Panda Express.”
The Port of Long Beach has $2.2 billion earmarked for accelerating zero-emission initiatives over the next decade.
Driver training is one of the most popular – and effective – ways to safeguard fleets against potential litigation.
Boeing’s striking machinists are not currently expected to be the target of job cuts by the company, according to an internal presentation obtained by The Seattle Times.
One of the primary ways Netradyne advocates for drivers is by giving fleet managers a holistic view of their driving habits, highlighting praiseworthy, safe choices they make every day.
In this edition: The first-ever Freight Fraud Awareness Day is here, and women are major players in the supply chain.
Daylight Transport and Old Dominion Freight Line garnered the top rankings in consulting and research firm Mastio’s 2024 survey of shippers.
The fifth-generation Freightliner Cascadia is not dramatically different from the current model but it brings some driver-friendly changes.
The first-ever Freight Fraud Awareness Day, taking place on Tuesday, aims to unite the supply chain community in tackling schemes like double brokering and cargo theft, which have seen a 400% rise since 2022.
Continued volume weakness along with a steadying rate environment were the primary takeaways from Cass Information Systems’ September report.
Former American Trucking Associations CEO and President Thomas J. Donohue, hailed as “a powerful voice for all businesses, employers and their employees,” died Monday. He was 86 years old.
OSHA has warned CSX against retaliating against employees who raise safety concerns.
The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Jordan Spradling; Cecelia Hull; Justin Martin
A partial work stoppage at the Port of Montreal follows a three-day strike earlier this month by union dockworkers at Canada’s second-busiest port.
A Florida-based truck driver has been found guilty of murdering his co-driver during a cross-country trip in March 2022.
Supply chain software provider Descartes said Monday it has acquired omnichannel e-commerce platform Sellercloud in a deal that could total $130 million.
The annual ATRI survey of top industry concerns reveals a big gap between what drivers and carriers worry about.
Motive has announced a first-of-its-kind service that expedites the emergency response of first responders to drivers of commercial vehicles involved in wrecks.
Tender volumes and rejection rates moved higher over the past week, but spot rates were unaffected on a national level.
This week in Borderlands: US-Mexico trade hit $74B in August, Port Laredo No. 1 again; Imperative Logistics Group acquires freight forwarder Jamco; Gebruder Weiss partners with Mexico load board Cargado; and Avery Dennison opens $100M facility in Queretaro, Mexico.
Boeing is scaling back production plans for the 767 and next-gen 777-X freighters, which could create a shortage of widebody cargo aircraft later this decade.
More than 86% of U.S. healthcare providers across the country are currently experiencing IV fluids shortages in the aftermath of Hurricane Helene, sparking a discussion on nearshoring America’s medical manufacturing.
In this edition: The pharmaceutical supply chain improves packaging, Hurricane Milton disrupts the perishable supply chain and caffeine comes in frozen form.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Reed Loustalot; Brant Nystrom; Tanner DeHart
Hurricane Milton caused at least $160 billion in damage and economic loss, according to a preliminary estimate from AccuWeather.
Freight railroads from the Gulf Coast to Miami are still assessing damage and making repairs after Milton made landfall near St. Petersburg late Wednesday as a Category 3 hurricane.
Hurricane Milton was the third large disruptor to transportation markets in three weeks. What happens next?
Nikola lays of 135 workers as it seeks to preserve its financial runway.
The Georgia Ports Authority is positioning the Port of Brunswick to be the leading ro/ro gateway on the U.S. East Coast, investing millions in expansion and harbor upgrades.
In this issue of the WTT newsletter: “Lt Dan” becomes Milton’s main character; Elon Musk’s bold prediction; logistics companies deliver hurricane relief; more.
Maersk has taken over a major logistics function in the United States on behalf of Levi Strauss, feeding merchandise to the retailer’s stores and filling online orders.
Air Canada pilots voted in favor of a new collective bargaining agreement Thursday that includes several pay increases and quality-of-life improvements. Described as the airline’s largest-ever labor contract, the deal moves pilot compensation more in line with that of their U.S. peers.
Nonprofit groups loaded with crucial disaster-relief and medical supplies are at staging areas outside Tampa, Florida, after Hurricane Milton made landfall along Florida’s Gulf Coast Wednesday before leaving a trail of destruction across the state.
Jeremy Reymer is joined by Lisa M. Battaglia, founder and president of Battaglia Communications, as she shares her insights on internal marketing and communications strategies for employee engagement.
Start your week with Brittain Ladd On Monday at 10 a.m. EDT, Grace Sharkey and I will again interview one of our favorite guests: outspoken independent consultant Brittain Ladd. The […]
Recent research by MIT examines how market dynamics and relationships impact contract performance.
A tough earnings report at supply chain software provider E2open was greeted with a big sell-off on Wall Street.
The general aviation airport in Gary, Indiana, is expanding cargo infrastructure to help UPS. There is also a Field of Dreams mentality: Build it and other cargo carriers will come.
Nine Florida ports and one in Georgia remained closed Thursday in the wake of devastation caused by Hurricane Milton.
Hurricane Milton smashed into Florida around 8:30 p.m. Wednesday as a Category 3 near Siesta Key and was making its way across Florida on Thursday.
For the first time in more than nine months, U.S. weekly rail traffic has dropped below 2023 levels.
Freight coordination platform Cartage has raised $3.3 million in a funding round led by Y Combinator. The company, founded by industry veterans, is using AI to streamline logistics without forcing brokers, shippers or carriers to change their preferred communication methods.
Class I railroads have rationalized their networks to the extent that there is very little redundancy, leaving few efficient alternatives in the event of a catastrophic event like Hurricane Helene.
Norfolk Southern says its line between Asheville, North Carolina, and Newport, Tennessee — heavily damaged by Hurricane Helene — will be out of service until at least late January, while assessment of the route between Asheville and Old Fort, North Carolina, is ongoing.
Hurricane Milton has struck Florida, less than two weeks after the devastation of Hurricane Helene. American Logistics Aid Network brings together nonprofits and supply chain companies to effectively target disaster relief. But what does that actually entail?
Boeing announced it has withdrawn its contract offer to striking machinists union workers as it considers “next steps.”
Food retailers with distribution hubs in Hurricane Milton’s path are preparing for the storm to make landfall overnight Wednesday.
As the Southeast attempts to return to normalcy in the wake of Hurricane Helene and prepare for Hurricane Milton, which is expected to make landfall near Tampa, Florida, Wednesday night, drone operators are filling a critical niche in disaster response and recovery.
Nationwide tender rejections are already above 5%.
Extreme weather and other disruptions have stressed supply chains worldwide, but as a Category 4 hurricane barrels toward Port Tampa Bay and possibly other major ports, things are likely to get worse.
This documentary looks at the strides the ports of Los Angeles and Long Beach have made towards moving record freight volumes; transitioning to green energy; and retaking the title of America’s premier ports
Locomotives and freight cars are being moved to higher ground and railroad operations are winding down as Hurricane Milton is only a few hours from making landfall between Tampa Bay and Sarasota on Florida’s Gulf Coast.
Fast, accurate freight market data is critical in periods of volatility.
Now on demand Dooner is joined by Lori Ann LaRocco; Tyler Christensen; Sandy Scardina; Robert Bain; Rob McCutcheon
Two members of Congress have introduced legislation to place railroad yardmasters under the same hours-of-service regulations that cover workers such as train crew members and dispatchers.
Category 4 Hurricane Milton is expected to hit Florida late Wednesday or early Thursday, bringing catastrophic flooding and life-threatening conditions less than two weeks after Helene battered the state.
Dangerous winter road conditions are on the way. Drivers need to prepare ahead of time to stay safe.
Inbound loads to Lakeland are being rejected at elevated rates.
Dennis Lane, head of revenue at CargoWise Landside, joined Craig Fuller to talk about recent trends and technology impacting the drayage industry.
Amazon’s cargo airline is welcoming shipments from logistics companies and other businesses as it tries to better utilize a private fleet originally dedicated to supporting its own e-commerce sales.
OOIDA and load board operator have teamed up in a deal that will give OOIDA members a discount.