2024-04-17 20:04
WASHINGTON — Joe Kramek has been appointed president and CEO of the World Shipping Council to replace the retiring John Butler, the container shipping lobby group announced on Wednesd… 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.
2024-04-17 19:48
A fourth victim’s body has been recovered from the site of the Francis Scott Key Bridge collapse in the Patapsco River, officials said.
Salvage teams recovered a vehicle with a bod… Read More
2024-04-17 19:19
The Federal Aviation Administration has issued a preliminary fine of $2.9 million against Aeromicronesia Inc., a cargo airline based in Guam that does business as Asia Pacific Airlines, for… Read More
2024-04-17 19:11
Shortly after announcing its $17 million raise in March, Gather AI, an inventory management solutions provider that uses drone technology, launched two new offerings on Tuesday to elevate i… Read More
2024-04-17 19:05
Management from logistics real estate investment trust Prologis said Wednesday that uncertainty around the timing of interest rate cuts has slowed leasing demand in the near term but that i… Read More
2024-04-17 18:45
Kay Pfeiffer, senior vice president of TrueLifeCare joined Jeremy Reymer on a recent episode of Taking the Hire Road. Pfeiffer and Reymer chatted about the importance of awareness, ed… Read More
2024-04-17 17:52
On Episode 707 of WHAT THE TRUCK?!?, Dooner is talking to Dominick Angelo Tullo of T&R Oil Co. about fuel fraud, scams and skimming. Tullo has firsthand experience with all th… Read More
2024-04-17 17:05
United Airlines, buoyed by a significant recovery in market conditions, delivered surprisingly strong cargo results in the first quarter that likely will be the benchmark for comparing the… Read More
2024-04-17 17:05
WASHINGTON — Federal regulators are not convinced that the potential for lost wages for prospective truck drivers outweighs the safety benefits of current rules on how states must adm… Read More
2024-04-17 16:01
Logistics warehouse operator Prologis slightly lowered its 2024 guidance on Wednesday as it expects leasing activity to “stay competitive” in some markets. It’s calling fo… Read More
2024-04-17 15:25
The Port of Los Angeles recently opened a waterfront promenade on its property, giving the nearby community unprecedented access to the water and sweeping views of the port’s activiti… Read More
2024-04-17 15:01
On March 31, 2022, FreightWaves declared that a freight recession was imminent. More than two years later, the freight market remains in one of its deepest and longest recessions in history… Read More
2024-04-17 14:53
Knight-Swift Transportation cut earnings expectations by 58% for the first half of the year on Wednesday, citing an oversupplied truck market, poor weather in January and a tough start to b… Read More
2024-04-17 14:45
A family-owned trucking company and brokerage — California Intermodal Associates Inc. (CIA), headquartered in Commerce, California — is ceasing operations after nearly 25 years… Read More
2024-04-17 12:00
To view more FreightWaves infographics, click here
The post FreightWaves Infographics: 8 charged in beer heist targeting Northeast trains, distribution centers appeared first on Fr… Read More
2024-04-17 11:00
U.S. parcel revenue has seen the first decline in seven years despite increased parcel volume, according to an annual report from Pitney Bowes.
The U.S. Parcel Shipping Index, released W… Read More
2024-04-17 00:12
J.B. Hunt Transport Services said it would stay the course, increasing intermodal capacity ahead of demand to avoid the service failures the industry experienced during the pandemic. That m… Read More
2024-04-16 21:15
J.B. Hunt Transport Services missed first-quarter expectations Tuesday, reporting earnings per share of $1.22 compared to the consensus estimate of $1.50. A higher tax rate was a 7-cent hea… Read More
2024-04-16 21:10
Kyle Kottke, general manager for Kottke Trucking, joined Jeremy Reymer on a recent episode of Taking the Hire Road. The pair discussed the origins and values of the third-generation c… Read More
2024-04-16 20:45
Companies are more intrigued than ever by Mexican manufacturing prospects. Mexico unseated China as the top exporter to the U.S. for the first time in 2023 after a multi-year climb. Durin… Read More
2024-04-16 19:40
Ocean shipping giant CMA CGM’s startup cargo airline has hired U.S.-based Atlas Air to provide crews for the launch this year of a trans-Pacific route with new Boeing 777 freighters t… Read More
2024-04-16 18:00
(GIF: GIPHY)
Return to normalcy – a phrase that has been uttered repeatedly for the better part of six months. Everyone wants to know when supply chains will return to normal. 20… Read More
2024-04-16 16:33
The April 2024 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal market… Read More
2024-04-16 15:44
To learn more about FreightWaves SONAR, click here.
The post FBX Report: April 16, 2024 appeared first on FreightWaves Read More
2024-04-16 15:38
Learn more at SONAR.FreightWaves.com
The post Weekly Fuel Report: April 16, 2024 appeared first on FreightWaves Read More
2024-04-16 15:22
INDIANAPOLIS — The Scopelitis Transportation Law Seminar is a three-day parade of speakers and panels discussing everything from what states’ license plates fleets should seek t… Read More
2024-04-16 11:00
INDIANAPOLIS — The full implementation of the federal ELD rule dates back to December 2019, but that hasn’t stopped hours-of-service violations from racking up, P. Sean Garney n… Read More
2024-04-15 22:41
A 97-year-old family-owned dairy that offers home milk delivery in glass bottles and operates over 40 ice cream and dairy stores in Illinois and Missouri recently filed for Chapter 11 bankr… Read More
2024-04-15 22:16
Less-than-truckload carrier Estes said Monday it has started opening terminals it has acquired from defunct Yellow Corp. as part of a “national expansion.”
The carrier acquire… Read More
2024-04-15 21:15
WASHINGTON — The Federal Maritime Commission is seeking another round of comments from container line operators and their customers as part of its quest to build the case for potentia… Read More
2024-04-15 20:56
The California Trucking Association and the Owner-Operator Independent Drivers Association will appeal last month’s decision that rejected their latest attempt to block imposition of… Read More
2024-04-15 18:15
Freight shipments and expenditures in March were largely in line with February, underperforming normal seasonal trends, according to the Cass Freight Index published Monday. The year-over-y… Read More
2024-04-15 17:18
On Episode 706 of WHAT THE TRUCK?!?, Dooner is talking to Brush Pass Research’s Kevin Hill about his latest data on freight brokerages. There are 35% more freight brokerages tha… Read More
2024-04-15 15:26
Learn more at SONAR.FreightWaves.com
The post Weekly NTI Update: April 15, 2024 appeared first on FreightWaves Read More
2024-04-15 13:00
More students are getting behind the wheel of trucks as dozens of high schools across the U.S. offer classes to help them obtain their CDLs.
The driving force behind the trucking classes… Read More
2024-04-15 12:00
To view more FreightWaves infographics, click here
The post FreightWaves Infographics: Feds mandate 2-person minimum for most train crews appeared first on FreightWaves Read More
2024-04-15 11:27
The end of Panama’s dry season is in sight, and the Panama Canal Authority (ACP) plans to welcome more vessels in the coming weeks.
Over six months since the Panama Canal’s r… Read More
2024-04-15 04:01
Tired of inefficiencies eating into your profits? Frustrated by customer demand outpacing your capacity? You’re not alone. The supply chain is changing rapidly, and falling behind is… Read More
2024-04-14 22:52
The showdown in Minneapolis over a May 1 level of minimum pay for what the city calls Transportation Network Companies — specifically, Uber and Lyft — has been put off for at le… Read More
2024-04-14 11:00
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Samsara opens new office to focus on expanding cross-border… Read More
2024-04-14 00:30
Chart of the Week: Reefer Tender Reject Index, Reefer Truckload Index – USA SONAR: ROTRI.USA, RTI.USA
The refrigerated (reefer) truckload market has settled after sh… Read More
2024-04-12 21:37
Former Tony’s Express truck drivers and other employees say financial mismanagement by new owner John Ohle led to the 70-year-old trucking company’s recent collapse.
Tony&rsq&helli…Read More
2024-04-12 19:57
FreightWaves earned silver in two categories of the 2024 Regional Azbee Awards in the Southeast from the American Society of Business Publication Editors (ASBPE).
Finance Editor Todd Mai… Read More
2024-04-12 19:46
A driver crashed a stolen semitruck into a Texas public safety office that housed a driver’s license center Friday morning, leaving one person dead and others injured, law enforcement… Read More
2024-04-12 19:30
Keeping trucks on the road is paramount for carriers. A company’s profitability – and an individual driver’s paycheck – is largely determined by the number of miles… Read More
2024-04-12 18:45
A California-based carrier made history Thursday using a Class 8 electric truck to haul freight between the U.S. and Mexico, a first-ever border crossing for a heavy-duty EV vehicle, offici… Read More
2024-04-12 18:43
Members of the Truckload Carriers Association (TCA) have adjusted smoothly enough to the disruptions at the Port of Baltimore that a conference call among its members scheduled for Thursday… Read More
2024-04-12 18:02
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 modern supply chain is… Read More
2024-04-12 18:00
All thawed out
(Photo: LinkedIn)
Hydropac has developed a solution to a problem that I had no idea existed. That problem is preserving and maintaining the freshness of pet food… Read More
2024-04-12 17:51
On Episode 705 of WHAT THE TRUCK?!?, Dooner is talking to Edison Motors Ltd. CEO Chace Barber about the troubles facing his EV truck Topsy in Canada. After the company was recently de… Read More
2024-04-12 16:30
The container market continued to show strength in March as the pull forward ahead of the Lunar New Year continues to pay dividends at the ports.
According to the monthly report by Desca… Read More
2024-04-12 15:00
Autonomous trucking regulation is already a state-by-state issue. In California, it may soon embody the adage “All politics are local.” Advocates of driverless vehicles see pass… Read More
2024-04-12 13:55
Diesel prices relative to crude have held fairly steady in recent weeks, but a report by the International Energy Agency has a wary — though not apocalyptic — recap for diesel c… Read More
2024-04-12 12:07
Motive, a leading provider of industrial technologies, orchestrated its inaugural user conference, Vision 24, in Nashville, Tennessee, this week. This event served as a platform, uniting ke… Read More
2024-04-12 12:00
To view more FreightWaves infographics, click here
The post FreightWaves Infographics: NHTSA reports fatality, injury uptick in latest truck crash stats appeared first on FreightWa… Read More
2024-04-12 11:00
A truck driver dismissed from his job who then sued over a report filed on him to a background check agency has lost his defamation lawsuit against his former employer for a second time… Read More
2024-04-11 21:43
Claims that defunct less-than-truckload carrier Yellow Corp. failed to provide appropriate notification to employees ahead of mass layoffs last summer may not be resolved until later this y… Read More
2024-04-11 21:26
Layoffs continue across the freight and logistics industry, with companies in Florida, Georgia, Illinois, Michigan and Texas announcing job reductions and facility closures over the past tw… Read More
2024-04-11 19:21
Sweden’s Volvo Group announced Thursday that it will construct a heavy-duty truck manufacturing plant in Mexico.
The plant will supplement the company’s U.S. production… Read More
2024-04-11 18:50
WASHINGTON — The U.S. Department of Transportation is launching the first step in a long-awaited National Multimodal Freight Network (NMFN), a project that will be used to prioritize… Read More
2024-04-11 18:29
The company behind Northern Air Cargo has taken delivery of two widebody freighter aircraft this year and immediately placed them in storage because there isn’t enough business to ope… Read More
2024-04-11 18:00
Motive expands AI-powered visibility tools at Vision 24
(Photo: Thomas Wasson/FreightWaves)NASHVILLE, Tenn. — Motive, a telematics, technology and fleet management platform, announ… Read More
2024-04-11 14:14
By Craig Allan
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
The catastrophic Francis Scott Key… Read More
2024-04-11 11:00
Norfolk Southern heads toward its May 9 annual meeting and the resolution of its battle with activist shareholder Ancora over control of the company with a public campaign that may have tak… Read More
2024-04-10 21:19
WASHINGTON — The loss of Baltimore’s Francis Scott Key Bridge is ramping up truck drive times in the region as data from the government and private sources begins to accumulate… Read More
2024-04-10 17:54
The rate of decline in cargo revenue at Delta Air Lines slowed further in the first quarter, reflecting an overall improvement in global market conditions for airfreight.
Atlanta-b… Read More
2024-04-10 17:29
On episode 704 of WHAT THE TRUCK?!? Dooner is talking about the FMCSA’s under-21 apprenticeship program. So far, only 113 motor carriers have applied and 34% of those have b… Read More
2024-04-10 16:46
Less-than-truckload carrier XPO announced Wednesday it has begun opening the service centers it acquired from bankrupt Yellow Corp.
XPO (NYSE: XPO) purchased 26 owned terminals and two l… Read More
2024-04-10 16:11
By Bart M. Schwartz, chairman of Guidepost Solutions
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates… Read More
2024-04-10 14:02
In an environment where rates are so low that carriers are struggling to turn a profit, cost-cutting measures are vital. Only not every cost should be cut. Insurance, while one of the hi… Read More
2024-04-10 13:00
Fulfillment provider Stord announced recently it has acquired ProPack Logistics to strengthen its temperature-controlled and last-mile shipping services to its omnichannel brands. Terms of… Read More
2024-04-10 12:00
To view more FreightWaves infographics, click here
The post FreightWaves Infographics: Canada’s Pride Group files for bankruptcy protection, faces $100M lawsuit appeared firs… Read More
2024-04-10 11:00
WASHINGTON — Regulators received heavy opposition from truck owner-operators and safety advocates on a proposal aimed at making it easier to test and employ new drivers.
The Federa… Read More
2024-04-09 20:09
The ability of California to set its own, more stringent environmental and emissions standards — the basis for the state’s Advanced Clean Trucks rule and possibly its Advanced C… Read More
2024-04-09 18:00
In this edition: The aftermath of the Francis Scott Key Bridge destruction, and UPS and the U.S. Postal Service form a partnership.
GIF: GIPHY
In the collision heard round the… Read More
2024-04-09 17:33
A Minnesota man has pleaded guilty in federal court to embezzling more than $1.3 million from his employer, I-State Truck Centers, in a multiyear scheme.
Leon Arthur Keener, 55, of… Read More
2024-04-09 17:03
Learn more at SONAR.FreightWaves.com
The post Weekly Fuel Report: April 09, 2024 appeared first on FreightWaves Read More
2024-04-09 16:20
Over the past several years, the logistics industry has been propelled into the digital age by a powerful combination of consumer expectations, government regulations and technological inno… Read More
2024-04-09 15:57
The March 26 collapse of the Francis Scott Key Bridge in Baltimore has significantly disrupted U.S. East Coast supply chains. However, ocean freight container shipping rates have remained r… Read More
2024-04-09 15:50
The Teamsters have been pushed out from their representation of employees at Dependable Highway Express, an LTL and truckload carrier based in Southern California that’s been in busin… Read More
2024-04-09 15:42
Norfolk Southern announced Tuesday that it has agreed to pay $600 million to settle a class-action lawsuit after a 2023 train derailment in East Palestine, Ohio, caused a fire and spilled c… Read More
2024-04-09 14:00
In the world of news, disasters and wars garner headlines for a while, which fuels anxiety and, as a result, increases supply chain uncertainty and freight rates. But after a certain point… Read More
2024-04-09 13:00
Loadsmart and SONAR have worked together for years to improve pricing accuracy and optimize freight procurement. The initiative started in 2020 as a way to help shippers and carriers better… Read More
2024-04-09 13:00
Platform Science, a provider of connected vehicle solutions, announced on Tuesday a significant milestone in its growth journey, securing $125 million in funding aimed at bolstering its pre… Read More
2024-04-09 11:00
(UPDATED: April 11, 2024, 9:30 a.m. EST)
LOUISVILLE, Ky. — The exhibit hall at the Omni Hotel here was filled in mid-February with booths representing airlines, logistics providers… Read More
2024-04-08 22:29
Less-than-truckload carrier Saia announced Monday the opening of two new terminals, which is part of a previously disclosed $1 billion capital plan for 2024.
The new locations are in Gar… Read More
2024-04-08 22:15
Retail diesel prices as measured by the Department of Energy/Energy Information Administration weekly average are starting to react to an overall bullish market in crude oil and petroleum p… Read More
2024-04-08 19:32
WASHINGTON — The Federal Motor Carrier Safety Administration says only 113 motor carriers have applied for its under-21 truck driver apprenticeship program since the agency began acce… Read More
2024-04-08 18:47
For brokers and carriers used to finding each other only through load boards, the upcoming in-person Broker-Carrier Summit on April 22-24 in Kansas City, Missouri, seeks to take those relat… Read More
2024-04-08 18:16
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.
Although transportation ra… Read More
2024-04-08 17:22
On Episode 703 of WHAT THE TRUCK?!?, Dooner is kicking off the eclipse by taking a look at the freight market. Will eclipse disruptions have any impact on rates?
Woo pig! We’… Read More
2024-04-07 00:30
Chart of the Week: Diesel Truck Stop Actual Price Per Gallon, National Truckload Index – USA SONAR: DTS.USA, NTI.USA
Retail diesel fuel costs (DTS) are up 33% versus… Read More
2024-04-05 21:00
UPS is looking to hire more than 300 pilots to support an anticipated increase in air cargo demand driven by a new multi-year contract from the U.S. Postal Service, according to the union r… Read More
2024-04-05 19:33
The Federal Motor Carrier Safety Administration has issued a waiver for trucking impacted by the collapse of the Francis Scott Key bridge in Maryland. Meanwhile, the outlines of a possible… Read More
2024-04-05 18:00
All thawed out
(Photo: Jim Allen/FreightWaves)Running on Ice is doing something a little different this week. Instead of looking at a few separate news hits, we’re diving int… Read More
2024-04-05 17:16
On episode 702 of WHAT THE TRUCK?!? Dooner is talking to Operation Livesaver’s Jennifer DeAngelis about eclipse readiness, being track-aware and freight disruptions.
Dredging… Read More
2024-04-05 15:11
Truck transportation jobs in March grew by the second-largest amount in the 15-month period starting in 2023 that has seen jobs in the sector decline overall, according to the monthly repor… Read More
2024-04-05 15:06
No one asked for another season of the soap opera featuring Nikola Corp. and its convicted founder, Trevor Milton. But here we are.
Heigh- ho, heigh-ho, it’s off to court we go… Read More
2024-04-05 12:00
To view more FreightWaves infographics, click here
The post FreightWaves Infographics: Shuttered California trucking company files for bankruptcy appeared first on FreightWaves Read More
2024-04-05 12:00
In March, Louisville, Kentucky, hosted the 52nd Mid-America Trucking Show, an event drawing a dynamic spectrum of stakeholders ranging from trucking companies, technology providers and OEMs… Read More
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