Industry News Feed

An Illinois trucking company recently notified most of its company drivers that it could “no longer support part of its fleet operations” and terminated their positions “due to current market conditions.” The post Illinois carrier l[...]

Canadian transport and logistics company TFI International’s third-quarter earnings missed consensus forecasts by 18 cents per share. The post First look: LTL operating income falls at TFI International appeared first on FreightWaves. [...]

The benchmark diesel price used for most fuel surcharges declined Monday after four weeks of rising prices. The post Benchmark diesel price reverses course in biggest 1-week drop in 10 months appeared first on FreightWaves. [...]

This year’s F3: Future of Freight Festival will pull into the heart of Freight Alley in Chattanooga, Tennessee, Nov. 19-21. The post F3: Future of Freight Festival revs up for November appeared first on FreightWaves. [...]

Ocean Network Express and terminal operator DP World created a message on a dockside canvas during Breast Cancer Awareness Month. The post ONE, DP World box up hope for breast cancer awareness appeared first on FreightWaves. [...]

Emirates has placed an order for five current-generation 777 freighters and is eyeing a big order for next-generation freighters from either Airbus or Boeing. The post Emirates to nearly double 777 freighter fleet by late 2026 appeared firs[...]

According to a new report by Becker Logistics, cargo theft varies seasonally and by mode and location. The post Becker Logistics study exposes cargo theft risk tied to lax security appeared first on FreightWaves. [...]

Less-than-truckload carrier Saia said it will open three terminals in October, pushing its new terminal count to more than 20 this year. The post Saia to open 3 terminals in October, pushing 2024’s count to more than 20 appeared first on [...]

Importers with the National Retail Federation fear a second Trump administration could hurt business with higher tariffs on consumer goods. The post Tariffs ‘a tax on consumers,’ says NRF chief appeared first on FreightWaves. [...]

Now on demand on WHAT THE TRUCK?!? Dooner is joined by Ryan May and Rehman Khan The post Trucking’s top issues; software driving Nikola; Port of Los Angeles $1T quarter? | WHAT THE TRUCK?!? appeared first on FreightWaves. [...]

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 Freigh[...]

Welcome to the download hub for Getac’s IDC TCO InfoBrief – your ultimate guide to Achieving Digital Transformation At A Lower Total Cost of Ownership (TCO). This invaluable resource provides […] The post InfoBrief: Achieving [...]

The post FreightWaves Infographics: Volkswagen inaugurates $114M Gulf Coast shipping hub in Texas appeared first on FreightWaves. [...]

Tender volumes and rejection rates moved lower over the past week, while spot rates increased slightly during the week. The post Impacts from Hurricane Milton waning appeared first on FreightWaves. [...]

This week in Borderlands: Port of Corpus Christi becomes global crude oil supplier; Port of Brownsville secures $43M loan for ship channel expansion; US Lumber Brokers acquires Texas distribution center; and Holt Truck Centers expands acros[...]

An early peak shipping season, strong economy and resilient consumer spending boosted container volume to a record quarter at the Port of Los Angeles. The post Roaring volume has Port of Los Angeles eyeing $1 trillion in imports appeared f[...]

Yellow’s Chapter 11 plan before a federal bankruptcy court includes up to $100 million in payments to employees holding paid-time-off and commission claims. The post Yellow’s bankruptcy plan would let former employees recoup PTO, commis[...]

Taylor Swift, who is currently on her Eras Tour, paid over $15 million to ship stage equipment from the United Kingdom to the United States. The post How much does it cost to ship a Taylor Swift tour overseas? appeared first on FreightWaves[...]

Now on demand on WHAT THE TRUCK?!? Dooner is joined by NASA's Logan Kennedy; Tamara Collyer The post How NASA is shipping humans back to the moon; Duty Drawback 101 | WHAT THE TRUCK?!? appeared first on FreightWaves. [...]

In this edition: Long-lasting implications for the medical supply chain following the hurricanes, DeltaTrak gives solutions to the masses and Butterball gets the turkey ready. The post Running on Ice: Hurricane Helene came for the medical [...]

Port-owned New Orleans Public Belt Railroad and logistics specialist Heniff Transportation Systems have opened a new state-backed transload facility aimed at dry and liquid bulk customers. The post New Orleans port railroad opens bulk trans[...]

Marten Transport turned in a quarterly earnings report that was negative by almost every measure. The post Marten’s earnings and almost all other key operating metrics down appeared first on FreightWaves. [...]

Mexico’s Congress has passed legislation that would reverse railroad privatization laws enacted in the 1990s and give the government more control over rail operations, particularly passenger rail. The post Mexican legislation seeks to rev[...]

Using electric trucks for inbound logistics includes Daimler Truck with a 2026 goal of zero-emissions truck deliveries to its plants. The post Electrifying in-bound logistics continues to expand globally appeared first on FreightWaves. [...]

Azul Airlines will soon deploy its first two Airbus A321 passenger-to-freighter aircraft. The post Azul Airlines boosts cargo capability with first A321 freighter appeared first on FreightWaves. [...]

The post FreightWaves Infographics: Schenker sale to DSV approved appeared first on FreightWaves. [...]

At TIA Technovations, logistics technology leaders tackled the challenges of balancing tech investments with tight budgets. The panel highlighted the need to be strategic with implementations, maximize existing tools and foster collaboratio[...]

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. The post SEC subpoenas CSX over misstatements in fi[...]

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. The post Texas trucking company, affiliates file for bank[...]

Forecasts of a bullish freight market were featured in this month’s State of Freight webinar for FreightWaves SONAR. The post State of Freight for October: The bullish feeling is starting to grow appeared first on FreightWaves. [...]

In this issue of the WHAT THE TRUCK?!? newsletter: is the market normalizing; trucking pandas; more The post Normalization? appeared first on FreightWaves. [...]

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. The post Forward Air retains investment bankers to[...]

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[...]

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. The post Rail a key to 10 million-TEU Charleston f[...]

ATRI’s 2024 “Critical Issues in the Trucking Industry” report saw truck parking dominate driver concerns, while motor carriers worry more about the economy. The post ATRI’s ‘Critical Issues in the Trucking Industry’ report spot[...]

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 post Coal company sues Dali shipowners for over $100M appeared first on Frei[...]

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 conne[...]

Federal officials’ proposal to ban cargo trucks from a Texas border bridge has drawn criticism from the trade community. The post Feds propose permanent ban on cargo trucks at Texas border bridge appeared first on FreightWaves. [...]

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. The post Trucking and marijuana tes[...]

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 post Weekly US rail traffic back ahead of 2023 levels appeared first on Fr[...]

The air cargo sector is finishing the year with a flourish as peak season demand pushes freight rates even higher. The post Air cargo sector rides elongated peak season to strong finish appeared first on FreightWaves. [...]

Lexmark Laureate Brant Nystrom shares how Optra Edge can help freight companies save by streamlining their asset tracking, gate management, data processing, PPE compliance initiatives, and even trailer loading and unloading. The post Transf[...]

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.” The post Union Pacific, Vena powering up railroad’s business appea[...]

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 post CSX sees slight revenue gain, feels impa[...]

The TriumphPay payments network turned in a positive EBITDA performance in Q3, a key benchmark for the company. The post TriumphPay gets back to a positive EBITDA appeared first on FreightWaves. [...]

Tender rejection rates rise for reefer, but remain muted for dry van, suggesting supply and demand in the reefer segment is much more balanced. The post Reefer tender rejection rates surge following hurricanes appeared first on FreightWave[...]

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. The post Consolidated full truckloads change the[...]

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. The post CSX reports 7% increase in operating income during third[...]

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. The [...]

Logistics real estate investment trust Prologis said it doesn’t expect the market to positively inflect until mid-2025. The post Prologis says softness in logistics real estate market to last into mid-2025 appeared first on FreightWaves. [...]