2024-03-01 17:55
BNSF Railway, one of the largest freight railroads in the U.S., has reportedly furloughed hundreds of employees in Kansas, Montana, Nebraska and Texas.
The furloughs were announced Tuesd… Read More
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Serving the global freight industry with the fastest and most comprehensive news insights and market data on the planet.
2024-03-01 17:46
In partnership with Uber Freight, the photo collection Sisters of the Road by photographer Anne Marie Michel begins its U.S. tour on Friday outside San Francisco, honoring the women’s… Read More
2024-03-01 16:21
To learn more about FreightWaves SONAR, click here.
The post FBX Report: March 01, 2024 appeared first on FreightWaves Read More
2024-03-01 16:12
The March 2024 “State of the Industry Report” — presented in affiliation with Ryder — sharesan in-depth overview across the trucking, maritime and intermodal markets… Read More
2024-03-01 16:04
The contract agreement reached this week between the Teamsters union and Anheuser-Busch, averting a strike that could have begun Friday, calls for wage increases of $8 an hour over the five… Read More
2024-03-01 16:00
Renewable natural gas, battery-electric and hydrogen-powered trucks all target fleets switching from diesel ahead of coming regulations requiring costly additional emissions after-trea… Read More
2024-03-01 15:50
The board of U.K. logistics firm Wincanton said Friday it unanimously recommended that shareholders approve GXO Logistics Inc.’s (NYSE: GXO) $965 million all-cash offer to acquire the… Read More
2024-03-01 13:00
To view more FreightWaves infographics, click here
The post Daily Infographic: SONAR Finserv Infographic appeared first on FreightWaves Read More
2024-03-01 12:00
The past few years have brought plenty of questions as to whether the COVID-19 pandemic changed supply chains permanently or, once constraints eased, if supply chains would return to pre-pa… Read More
2024-02-29 21:30
Michael Lombard, president of Lombard Trucking, joined Jeremy Reymer on a recent episode of Taking the Hire Road. Lombard discussed his experience as a CDL driver, his passion for dri… Read More
2024-02-29 21:20
Welcome to the WHAT THE TRUCK?!? Newsletter brought to you by Dynamic Logistix. In this issue, monster storm headed for I-80; WTT headed to SiriusXM; shipping container castles; and more… Read More
2024-02-29 21:04
Insurance is one of the top expenses for a carrier, behind fuel and maintenance. Premiums for each carrier vary wildly based on a number of factors, such as years of experience, average cos… Read More
2024-02-29 20:42
Federal regulators are considering an ELD exemption for a truck driver who claims his money would be better spent on other safety issues.
Arbert Ibraimi, a Chicago-area owner-operator, i… Read More
2024-02-29 20:35
Less leasing demand for freighter aircraft significantly contributed to a 12% reduction in adjusted core operating profit at Air Transport Services Group during 2023, including a 20% declin… Read More
2024-02-29 19:01
Cargo flow was up at ports in Houston and New Orleans, but freight movements slowed slightly in Corpus Christi, Texas, due to lower exports of oil and petroleum in January.
Port Ho… Read More
2024-02-29 19:00
Knight-Swift President and CEO David Jackson steps down
(Photo: Jim Allen/FreightWaves)On Tuesday, Knight-Swift President and CEO David Jackson stepped down to be succeeded by Chief Fina… Read More
2024-02-29 18:00
The FreightWaves SONAR team has announced a new iteration to its Lane Scores feature to ensure it provides the most reliable data source for the supply chain world. FreightWaves SONAR is th… Read More
2024-02-29 17:52
Forward Air’s fourth-quarter earnings call didn’t provide the financial targets analysts were seeking following its controversial merger with Omni Logistics. The main takeaway w… Read More
2024-02-29 17:08
A new book published in February and co-written by global supply chain reporter and author Lori Ann LaRocco and her daughter Abby Wallace traces the ancestry of four enslaved Black families… Read More
2024-02-29 16:23
In a long-awaited move, Shelley Simpson has been elevated to CEO at J.B. Hunt.
Simpson is currently the president of the trucking and intermodal provider. She has been wFith the co… Read More
2024-02-29 16:16
Contract logistics provider GXO Logistics Inc. (NYSE: GXO) said Thursday it has made a $965 million, or $7.65 per share, all-cash offer for U.K. logistics firm Wincanton, topping by 26% an… Read More
2024-02-29 15:00
Most technological solutions in trucking focus on improving some aspect of the for-hire fleet experience. Despite often being left out of the conversation, private fleets face a unique set… Read More
2024-02-29 13:00
To view more FreightWaves infographics, click here
The post Daily Infographic: FMC tightens rules on charging container late fees appeared first on FreightWaves Read More
2024-02-29 12:00
Federal regulators have relieved drayage truckers from late-fee bills associated with picking up and returning cargo containers, while inadvertently — and unfairly — shifting th… Read More
2024-02-29 01:56
Forward Air missed fourth-quarter expectations Wednesday after the market closed, however, investors and analysts are likely more interested to hear updates on financial targets and the new… Read More
2024-02-28 23:31
A cluster of wildfires that began on Monday in the Texas Panhandle forced thousands to flee their homes, while also making travel difficult for truckers and motorists.
Texas authorities… Read More
2024-02-28 21:36
Freightos, a neutral sales platform for international air and ocean shipments, expects to make its first profit in the fourth quarter of 2026, company leadership said Monday after posting a… Read More
2024-02-28 20:43
Marine logistics software provider OpenTug announced Friday it has raised $3.1 million in a seed round led by Entrada Ventures with participation by SpringTime Ventures and Stout Street Cap… Read More
2024-02-28 20:13
The settlement in the BNSF Railway biometrics case in Illinois that was announced in September now has a price tag: $75 million.
But the average payout to drivers and other logistics wor… Read More
2024-02-28 19:00
Carriers have faced a range of industry and economic challenges over the past couple of years, forcing many fleets to operate on razor-thin margins. For these companies, the unforeseen main… Read More
2024-02-28 18:31
On episode 687 of WHAT THE TRUCK?!? Dooner is talking to Gather AI’s Sean Mitchell about the applicability of warehouse drones, AI, and software in optimizing operations. Gather… Read More
2024-02-28 17:31
Rio Grande Valley Sugar Growers Inc. recently announced it is closing after 51 years in business, citing dwindling water for irrigation and an ongoing dispute with Mexico over water supplie… Read More
2024-02-28 17:19
Transport and logistics provider DHL Group said Tuesday that it has relocated its Norfolk, Virginia, operations to a facility more than twice the size of its prior location.
The $7.3 mil… Read More
2024-02-28 16:27
For nearly two years, capital markets have punished Zim, the Israeli containership line whose fleet is the 10th-largest on the ocean. Zim’s model, which involves operating a subscale… Read More
2024-02-28 15:18
Deadlines are looming for all briefs to be filed with the Texas Supreme Court as it decides whether to review the enormous verdict against Werner Enterprises growing out of a 2014 fatal wre… Read More
2024-02-28 13:00
To view more FreightWaves infographics, click here
The post Daily Infographic: Feds charge Illinois trucking company owner in alleged CDL fraud appeared first on FreightWaves Read More
2024-02-28 12:00
U.S. consumers are not as eager right now to open their wallets to purchase a lot, but that does not mean anticipated lower volumes cannot create any logistical hiccups. They still can… Read More
2024-02-27 21:45
Morgan Stanley cut earnings estimates for all the transportation companies it covers on Tuesday, citing rising insurance costs. It continues to believe the truckload space will be the most… Read More
2024-02-27 21:33
Fastfrate Group and CPKC railway announced Tuesday the renewal and expansion of their agreement that provides intermodal and drayage services across Canada, the U.S. and Mexico.
The five… Read More
2024-02-27 21:11
Welcome to the WHAT THE TRUCK?!? Newsletter brought to you by Dynamic Logistix. In this issue, Family Dollar’s mouse-infested warehouse; Walmart’s moves; layoffs continue… Read More
2024-02-27 19:20
Jason Douglass, director of retention and recruiting at Utah-based Stokes Trucking, joined Jeremy Reymer on a recent episode of Taking the Hire Road. The pair discussed making retenti… Read More
2024-02-26 18:46
On episode 686 of WHAT THE TRUCK?!?, Dooner is joined by Flexport founder and CEO Ryan Petersen. Flexport made massive waves last year with the return of Petersen and the acquisition… Read More
2024-02-26 18:25
The final tranche of Pilot Travel Centers purchased by Berkshire Hathaway appears to have put the enterprise value of the travel center chain significantly lower than it was just a year ear… Read More
2024-02-26 17:37
Over the past several years, shippers have prioritized getting orders out the door as quickly as possible. This approach is a natural response to the demands of an increasingly impatient… Read More
2024-02-26 17:07
WASHINGTON — FedEx Corp. predicts higher costs on its linehaul and delivery routes as well as those of rivals if the Biden administration approves waivers governing truck driver meal… Read More
2024-02-26 16:10
Trucking, logistics and factoring companies are collectively owed millions of dollars after a California-based freight forwarder filed for bankruptcy liquidation.
Boateng Logistics, head… Read More
2024-02-26 15:58
LOUISVILLE, Ky. — On Tuesday, the master of ceremonies will use a pair of bejeweled microphones on stage at a major awards ceremony in London after logistics company Rock-it Cargo han… Read More
2024-02-26 15:57
Learn more at SONAR.FreightWaves.com
The post Weekly NTI Update: February 26, 2023 appeared first on FreightWaves Read More
2024-02-26 13:45
There’s an increasing abundance of skittishness surrounding the future of East and Gulf Coast ports.
The labor contract between the International Longshoremen’s Association a… Read More
2024-02-26 13:00
To view more FreightWaves infographics, click here
The post Daily Infographic: Ryder opens new logistics center in Texas amid US-Mexico trade boom appeared first on FreightWaves Read More
2024-02-25 12:00
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Shifting supply chains boost trade in California-Baja mega-r… Read More
2024-02-25 01:30
Chart of the Week: Logitics Mangers’ Index – Inventory Levels, Total Business Invetory to Sales Ratio – USA SONAR: LMI.INVL, TBIS.USA
Inventories ap… Read More
2024-02-23 22:52
The maritime industry is rapidly evolving due to technological advances and demand for efficient logistics, all crucial for global trade growth.
Recently, documentation and fintech p… Read More
2024-02-23 21:28
The Federal Maritime Commission has imposed new billing standards on ocean carriers and terminal operators in an effort to crack down on abusive container late fees.
The new requirements… Read More
2024-02-23 20:45
The never-ending question of defining the employment status of a truck driver, key to battles over California’s AB5 and the U.S. Department of Labor’s recent independent contrac… Read More
2024-02-23 19:00
Hello, and welcome to the coolest community in freight! We know each other by now. What better way to celebrate the past year of bringing you cold chain news than to bring you a COOL discou… Read More
2024-02-23 18:51
By Bart De Muynck
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
The first two months of 20… Read More
2024-02-23 18:48
On episode 685 of WHAT THE TRUCK?!? Dooner is joined by Truck Parking Club’s Evan Shelley and Autumn Transport owner-operator Chris Thomas. Shelley just spent over a week riding… Read More
2024-02-23 17:32
A newly passed bill in Wisconsin would limit non-economic damage awards in lawsuits involving commercial vehicle accidents, and Indiana lawmakers have passed a bill that would allow a plain… Read More
2024-02-23 17:18
Federal prosecutors have charged the owner of an Illinois trucking company in an elaborate scheme to help applicants cheat on CDL exams by using hidden microphones and earpieces.
Myk… Read More
2024-02-23 16:00
Unwinding the powertrain business at Hyliion Holdings was uncomfortable, especially for 175 employees who lost their jobs in November. But the leaned-out startup is making some progress in… Read More
2024-02-23 13:00
To view more FreightWaves infographics, click here
The post Daily Infographic: Georgia breaks export record with almost $50B in trade appeared first on FreightWaves Read More
2024-02-23 12:00
FedEx would benefit from the partial, or complete, loss of its huge contract with the U.S. Postal Service because it would force the parcel delivery giant to downsize a bloated and expensiv… Read More
2024-02-22 23:02
Kimberly Fisk has been in the factoring business long enough to remember when factoring was known as the F-word.
But the growth that Fisk, recently installed chief operating officer… Read More
2024-02-22 22:27
The Port of Savannah kicked off 2024 with a modest gain in container shipments, moving 428,000 twenty-foot equivalent units in January, a 1.5% year-over-year (y/y) increase from the same mo… Read More
2024-02-22 20:49
Welcome to the WHAT THE TRUCK?!? Newsletter brought to you by Dynamic Logistix. In this issue, cell outage downs freight; Convoy returns; State of Freight recap; and more.
Cell outag… Read More
2024-02-22 19:50
AT&T began experiencing sweeping outages of its cellular networks across the United States on Thursday morning. While mass reports of driver connectivity issues have not surfaced, back… Read More
2024-02-22 16:37
J.B. Hunt Transport Services announced Thursday it has entered a long-term intermodal deal with Walmart that includes volume and capacity commitments. As part of the deal, J.B. Hunt will ac… Read More
2024-02-22 15:10
The world is hurtling toward electric vehicle adoption, and Paul Gioupis, co-founder and CEO of Zeem Solutions, wants his company to facilitate that transition for commercial fleets… Read More
2024-02-22 15:00
Almost four months after acquiring the technology and IP of shuttered digital truck brokerage Convoy, Flexport has launched the Convoy Platform.
The slimmed down technology platform aims… Read More
2024-02-22 14:30
These days, dashcams do much more than record events on the road and in the cab. Dashcams can detect accelerometer-triggered events to relay back to a carrier in real time, and AI-powered d… Read More
2024-02-22 13:00
To view more FreightWaves infographics, click here
The post Daily Infographic: What are the most common reasons freight is rejected? appeared first on FreightWaves Read More
2024-02-22 12:00
Texas-based factoring company Genesis Network Telecom filed for bankruptcy liquidation on Wednesday.
Genesis Networks Telecom Services LLC, also known as Genesis ATS (GNET), headquartere… Read More
2024-02-22 12:00
The start of 2024 is bringing with it significant growth in volumes at top U.S. ports.
January witnessed a 9.2% year-over-year increase in inbound containers. This rise represents the la… Read More
2024-02-21 23:25
The word that Craig Fuller used to describe the freight market in February: “abysmal.”
That was one of the initial observations in FreightWaves’ February State of F… Read More
2024-02-21 21:49
Owners and operators of over 200 Chinese-made container cranes at U.S. ports will be subject to new cyber-risk management requirements aimed at reducing China’s ability to spy on Amer… Read More
2024-02-21 20:27
A bout of harsh winter weather temporarily pushed truckload metrics higher in January, but fundamentals have receded back to trough levels, carriers said at a pair of investor conferences t… Read More
2024-02-21 20:14
Norfolk Southern Corp. on Wednesday defended the composition of its board of directors and did not address the fate of CEO Alan Shaw, who is the subject of an activist group’s efforts… Read More
2024-02-21 19:54
On Episode 684 of WHAT THE TRUCK?!?, Dooner is breaking down the New York trucker boycott. We’ll find out how a video from a driver in Chicago caused the media to run with the s… Read More
2024-02-21 19:21
Taiwan-based Starlux Airlines, which has only existed for four years and operates 21 passenger jets, on Tuesday inked a deal to buy five next-generation A350 cargo jets from Airbus.
The… Read More
2024-02-21 16:49
Data has been a hot topic across the logistics industry for the past several years. Historically, the majority of conversations have revolved around capturing data. In today’s w… Read More
2024-02-21 16:00
As U.S.-Mexico trade continues to expand, Ryder System has opened a 228,000-square-foot logistics warehouse and cross-dock facility in Laredo, Texas.
The warehouse is about 3 miles from… Read More
2024-02-21 13:00
To view more FreightWaves infographics, click here
The post Daily Infographic: January imports grew at fastest pace in 7 years appeared first on FreightWaves Read More
2024-02-21 12:00
On Monday, Seattle-based freight forwarder Expeditors International (NYSE: EXPD) released another lackluster quarterly earnings report, this time for the fourth quarter of 2023. Compared to… Read More
2024-02-21 00:21
Trucking technology provider CloudTrucks recently acquired the brokerage arm of SaaS provider Shipwell to give its driver network more consistent loads and revenue streams.
“We… Read More
2024-02-20 23:07
After two weeks of trading in the futures market during which the price of ultra low sulfur diesel shot higher before sliding back down, the benchmark retail diesel price did much the same… Read More
2024-02-20 22:45
WASHINGTON — Federal regulators “strongly recommend” that owners of certain types of hazardous chemical tanks conduct voluntary tests due to the potential for catastrophic… Read More
2024-02-20 20:58
FreightWaves SONAR is dedicated to creating a fair and transparent marketplace for all transportation players to manage their businesses effectively and efficiently. In order to build that… Read More
2024-02-20 19:42
Kenya Airways will double the size of its cargo fleet with the arrival this quarter of two Boeing 737-800 converted freighters from the United States, part of an effort to capture growing f… Read More
2024-02-20 19:31
The union representing almost 9,300 workers at Canada’s two biggest rail operators says the railroads are pushing toward a work stoppage after negotiations have deadlocked over issues… Read More
2024-02-20 19:18
Less than a month after taking a billion-dollar stake in railroad Norfolk Southern Corp. (NYSE: NSC) and vowing to oust CEO Alan Shaw, activist group Ancora Holdings Group on Tuesday propos… Read More
2024-02-04 12:00
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s truckers plan nationwide strike against ca… Read More
2024-02-04 01:30
Chart of the Week: Spot to contract rate spread (excluding estimated fuel costs above $1.20/gal, Van Outbound Tender Rejection Index – USA SONAR: RATES12.USA, VOTRI.USA… Read More
2024-02-03 19:51
A major legal hurdle to tearing down the interstate 81 viaduct through Syracuse, New York, and replacing it with an urban boulevard was cleared Friday when a New York court overturned a rul… Read More
2024-02-02 19:48
An investigation is underway after a Norfolk Southern train engineer died this week after being hit by a train in Decatur, Alabama.
The National Transportation Safety Board said the inci… Read More
2024-02-02 19:00
All thawed out
Schott Pharma’s Everic freeze vials are suitable for drugs that require deep-cold storage. (Image: Schott Pharma/Oana Szekely)
How cold can you go? That&rsqu&helli…Read More
2024-02-02 18:48
On episode 677 of WHAT THE TRUCK?!? Dooner is joined by Skylo CEO and co-founder Parthsarathi Trivedi. Skylo is the leading direct-to-device satellite connectivity service provider, a… Read More
2024-02-02 18:04
Less-than-truckload carrier Saia Inc. has big growth plans in 2024 after picking up 28 terminals from bankrupt Yellow Corp.’s estate. It outlined a $1 billion capital expenditures pla… Read More
2024-02-02 16:57
To learn more about FreightWaves SONAR, click here.
The post FBX Report: February 02, 2024 appeared first on FreightWaves Read More
2024-02-02 16:28
Canadian border officials made what they say is likely the largest narcotics seizure in the history of Canada’s Western provinces, finding 896 pounds of alleged methamphetamine at the… Read More
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