European carrier suddenly shut down by parent company
Transfreight Automotive Logisitcs Europe, a fleet with over 90 vehicles, has shut down.
Stay Up to Date on the Truckload Industry
Truckload shipping refers to the movement of freight in the amounts necessary to fill an entire semi-truck or intermodal container. This is in contrast to less than truckload (LTL) shipping, where freight from multiple sources is mixed and transported in one truck or shipping container.
Trucking industry regulations change often and are overseen by three different bodies: the Department of Transportation (DOT), the Federal Motor Carrier Safety Administration (FMCSA), and the National Highway Safety Administration (NHTSA). Any of these three agencies may create new rules and regulations for general freight trucking throughout the year. In addition, states can also issue their own general freight trucking regulations.
View our truckload freight indexes or learn more about the future of truckload freight.
Transfreight Automotive Logisitcs Europe, a fleet with over 90 vehicles, has shut down.
Spooked shippers are trying to lock in capacity ahead of the holiday push.
Using data from FreightWaves SONAR, economist Ibrahiim Bayaan writes about the state of the U.S. retail market and what is ahead for this key sector.
One of the more popular ways to improve efficiencies and reduce costs is through outsourcing some or all of the supply chain operations to a managed transportation provider.
“Robotic process automation has already taken root in other industries like financial services. It’s a perfect time for RPA to disrupt the logistics industry, given the amount of paperwork, documentation and around-the-clock customer interaction that global transportation requires,” says Mike Motsick, CEO of RPA Labs.
FreightWaves chief analytics officer Dean Croke – who has also driven more than 2 million miles behind the wheel of heavy-duty trucks – previews Copilot by Pronto.
Samuel Coraluzzo has deployed I.D. Systems’ PowerFleet LV9000 asset-tracking solution into its entire fleet. The deployment gives the fleet a full ELD with a customized workflow that tracks jobs from dispatch to completion in real-time.
Women In Trucking will honor transportation firms at its Accelerate! Conference & Expo.
Target provides an optimistic shot in the arm as the mega-retailer reports a strong quarterly performance and raises its full-year outlook.
PE firms pay up to eight times EBITDA for chemical haulers.
Chris Henry, Program Manager, TCA Profitability Program A weekly review of the Key Performance Indicators (KPIs) that all trucking companies should be tracking on a daily, weekly and monthly basis. […]
Uber Freight needs access to more capacity to keep up with 153 percent growth in gross bookings.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s transport industry grows; AIT Worldwide expands Mexico operations; Nuevo Laredo sees more […]
The trade war with China has altered international shipping patterns, which has started to shift freight volumes to the East Coast.
OTVI.USA began the week with a rocky start before recovering to finish the week.
The Truckload Carriers Association has named Kevin Phillips of Sheridan, a professional truck driver with CalArk International, Inc. a Highway Angel. He is being recognized for aiding a woman after vehicle […]
FreightWise found a sweet spot in SaaS-based parcel and LTL managed transportation.
FreightWaves, the industry-leading provider of 24/7 news, data and analytics for the global freight and logistics markets, announces the start of the nomination process for the 2020 FreightTech 100 Awards. […]
Contract rates are still sliding down against steady spot rates.
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner (PHOTO: JIM ALLEN/FREIGHTWAVES) On August 5, the Federal Motor Carrier Safety Administration’s (FMCSA) announcement […]
Don Daseke steps down as Chairman of the Board and Chief Executive Officer as the restructuring continues.
Earlier today, the Federal Motor Carrier Safety Administration (FMCSA) released a new Notice of Proposed Rulemaking (NPRM) to make changes to the federal hours-of-service (HOS) regulations. These include granting additional […]
The FreightWaves Freight Intel Group’s latest research shows that a freight recession is taking place.
186 transportation and logistics companies made the list.
Wisconsin-based Schneider National recently announced it is building a new operations center in Dallas, where the company will manage up to 500 truck drivers. The new facilities will include a […]
Views of the market from the ACT Research seminar
Marten Transport to pay a $0.65 per share special dividend and increase its share repurchase program.
Volatility appears to be the only certainty for transportation stocks as trade concerns loom. The transportation stocks walked through a less than stellar earnings season, but renewed trade concerns has them bouncing about.
Multi-modal data and channel checks with freight brokers point to a good setup for peak season.
The transformation continues at Celadon Trucking with former Swift Transportation chief taking the helm.
Ashley Coker The Truckload Carriers Association has named Ed and Tracy Zimmerman, a husband and wife team who drive for Hirschbach Motor Lines, Inc. “Highway Angels.” They are being recognized for […]
A weekly review of the Key Performance Indicators (KPIs) that all trucking companies should be tracking on a daily, weekly and monthly basis. These standardized KPIs are the foundation of […]
The seventh annual Games were the biggest yet.
The Truckload Carriers Association (TCA) has named Justin Rockcastle, a professional truck driver with Melton Truck Lines, a Highway Angel for stopping and rendering assistance when a vehicle filled with minors […]
When designing software for truckers, it is vital for companies to consult drivers at every stage of its development, as apps developed in siloes will only make the lives of truckers more complicated.
Arkansas-based PKE Western Truck Leasing, Inc. filed a $37 million lawsuit against Rich Transport, LLC and its parent company, RoadRunner Transportation Systems (NYSE: RRTS), alleging breach of contract.
Rates could break out either to the upside or downside.
In partnership with Slync… learn about how predictive exception management can keep freight flowing smoothly.
United States Customs and Border Protection (CBP) inspection policies “don’t reflect new technology or threats” and are “outdated,” according to an August 6 report from the Government Accountability Office (GAO). […]
Digital freight brokerage LoadSmart and self-driving startup Starsky Robotics announced they have successfully priced, booked and delivered two loads of freight without human intervention.
Kottke Trucking, an interstate company focused on refrigerated and dry van transportation, recently acquired Davenport, Florida-based Wayne T. Fellows, which specializes in refrigerated less-than-truckload and truckload hauling. With the acquisition, […]
Empty miles are a billion-dollar problem for trucking fleets, but are they more of a problem than they were in 2002? Recent headlines indicate they may be, but they may not tell the true story.
Jim Higginbotham, a professional truck driver for Stone Trucking Company, has been named a Highway Angel by the Truckload Carriers Association (TCA). He is being recognized for his willingness to […]
If you see a truck driver in Texas without his hands on the wheel, the chances are good you’re seeing an autonomous truck from Kodiak Robotics.
A lot of things have to go right for DFBs to build a market large enough to justify their valuations.
CARB is making $40 million available in the form of vouchers to reduce emissions. Eligible equipment includes everything from rubber-tired gantry cranes, to airport cargo loaders to truck and trailer refrigeration units.
Christopher Lemaire, a professional truck driver for Revere Transportation, has once again been named a Highway Angel by the Truckload Carriers Association (TCA). He is being recognized for his willingness […]
A major accident in 2018 led to a spike in insurance premiums for Carney Trucking, an increase the company just couldn’t absorb.
There are reasons to expect a healthy pop in outbound Los Angeles spot rates.
How high will rates out of Los Angeles go in October and November?
Schneider’s move to shut final-mile unit leaves furniture retailers seeking last-mile delivery options
The FreightWaves basket of top freight markets all posted positive numbers this week.
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner The Federal Motor Carrier Safety Administration (FMCSA) has been in high gear in recent […]
The U.S.-China trade war has dropped trade volumes between the two countries to date in 2019. One result – Mexico is now the #1 trade partner of the U.S.
As with other industries. the transportation and logistics industry is undergoing a digital transformation. The advent of the cloud and the adoption of new mobile and digital technologies has us in uncharted digital territory.
U.S. Xpress sees a tough second quarter, but expects industry fundamentals to firm as excess capacity exits the market.
Cody Crisler and Kenneth Meekins, professional truck drivers with Henderson Trucking, have each been named Highway Angels by the Truckload Carriers Association (TCA). Both men are being recognized for their […]
The new tariffs, announced a day after the Fed cut rates, will affect mostly consumer goods.
Schneider is closing its First to Final Mile delivery operation due to poor performance.
Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.
Schneider National sees “less favorable” trends continuing into the back half of 2019. The company lowered guidance and announced the closure of its First to Final Mile business.
Celadon’s turnaround gets a shot in the arm with a new three-year financing agreement.
Truckload volumes on a national basis have been trending 3% above 2018 levels for a week.
When deploying a TMS, it’s important to understand what you want it to do, but also what it can’t do for you.
While many fleets and drivers are using ELDs, there are still some using AOBRDs, and time is quickly running out before the December deadline to switch arrives.
Matching tractors to trailers could improve efficiency and lower costs for trucking fleets is among the concepts that vehicle engineers continue to chase, but the North American freight system might not be able to benefit from these advancements.
Hub Group believes “soft” intermodal volumes will begin to flatten out and that the 2019 peak shipping season will be similar to that of 2017.
CHRW grew net income by 6.3% but increasing earnings per share by 8% with buybacks.
Hub Group sees record earnings despite a “softening demand environment” and “increased truckload and intermodal competition.”
Idle-reduction technology is still not being used by all fleets, despite laws and clear benefits of such systems.
R. Eddie Wayland, TCA Legal Counsel A federal trial court in Iowa recently ruled in favor of a carrier in a sexual harassment case. The basic factual allegations are all […]
November contracts from Los Angeles to Dallas traded at $2.103/mile as positive consumer confidence numbers were released.
eBay’s Managed Delivery will outsource warehousing, transport, and packaging services.
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.
Donald Broughton writes that as goes the freight sector goes the economy in this commentary.
uShip, the online logistics and freight marketplace provider, announced July 25 that Mike Williams has stepped down as chief executive officer and board member. The Austin, Texas-based company also announced […]
Geofencing lets carriers keep an eye on wait times across their entire operation, empowering leaders to identify trends and alter routing guides to gain more efficiency.
California’s produce shipments can wreak havoc on trucking capacity in the spring. This year’s season was s shell of the previous two.
Negligent hiring and vicarious liability lawsuits have been around, but there are emerging risks as well.
E-commerce packages are flooding the U.S. The vast majority contain legal products, but U.S. Customs and Border Patrol worries about those that contain illegal or dangerous products.
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.
Near-shoring staff in Colombia has become a big trend for U.S. transport and logistics companies.
Owners of ships, railcars and trucks face increased risk from environmental regulations, credit rating agency Moody’s said. The value of $265 billion in debt owed by transportation companies may be […]
ECHO faced a tough quarter with soft spot volumes and unexpected tightness in June.
R. Eddie Wayland, TCA Legal Counsel PHOTO CREDIT: JIM ALLEN/FREIGHTWAVES On July 22, 2019, the Wage and Hour Division (WHD) of the Department of Labor (DOL) issued an opinion letter […]
SunteckTTS, a top 10 brokerage, is reportedly looking for a 10x EBITDA multiple.
Schneider wins award for security excellence, while US Xpress honored as carrier of the year by FedEx Ground
R. Eddie Wayland, TCA Legal Counsel A trucking company retained two drivers to serve as independent contractors and, on that basis, the company was allowed to make wage deductions, including […]
The California Department of Transportation has started a massive construction project that will lead to nighttime closures of State Route 60 out of Ontario for months.
Ecommerce continues to grow and Amazon and its competitors continue to innovate and grow. Read insight into the phenomenon by Anothy Smith.
Chicago to Atlanta should jump in September, LA to Dallas peaks in November, and Seattle to LA hits a high in December.
sennder has now raised nearly €100 million this year across two rounds of funding.
FreightWaves Freight Intel Group predicts an increase in trucking company failures in 2019. Read why they make that prediction in this article.
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.
Ashley Coker PHOTO CREDIT: JIM ALLEN/FREIGHTWAVES The Federal Motor Carrier Safety Administration (FMCSA) has extended its comment period concerning its possible pilot program that would allow non-military drivers under 21 […]
Don Blake’s passion raises $250,000 in two truck auctions for Truckers Against Trafficking
Capacity has returned to freight markets and spot rates are falling against “contract.”
The data on truck company failures is pointing to a rocky period for shutdowns, and the prospect of higher diesel prices isn’t going to help. That’s the message of Seth […]
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.