Industry News Feed
Courtesy of Eye for Transport
Reuters was two-and-a-half minutes ahead of rivals on Eli Lilly’s unscheduled trading update, which showed fourth-quarter sales of its weight-loss […] The post Lilly shares on track for worst day since 2021 after downbeat Zepbound s[...]
Reuters was first to report that Malian authorities had seized around 3 tons of gold from a mining complex owned […] The post Barrick to suspend operations in Mali after gold seized appeared first on Reuters News Agency. [...]
Reuters exclusively reported that private equity firms KKR and Bain Capital each offered more than $5 billion in first-round bids […] The post KKR and Bain each bid more than $5 bln for Seven & i assets, sources say appeared first[...]
Reuters was more than a minute ahead in reporting that Nordstrom would be acquired by its founding family and Mexican […] The post Nordstrom family will take retailer private in $4 bln deal appeared first on Reuters News Agency. [...]
Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security concerns, […] The post Despite revamped proposals, Nippon Steel deal on track to be blocked, letter shows a[...]
The Democratic Republic of Congo has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech firm […] The post Congo files criminal complaints against Apple in Europe over conflict minerals appe[...]
Britain’s financial regulator is taking longer than usual to approve fast-fashion retailer Shein’s IPO because it is checking its supply […] The post Shein IPO: UK regulator decision slowed by NGO challenge appeared firs[...]
Russia’s state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private […] The post Rosneft, Reliance agree biggest ever India-Russia oil supply deal appeared first on Reuters News A[...]
French payments group Worldline has attracted early stage takeover interest from private equity firms, as it grapples with a falling […] The post Worldline attracts early stage interest from private equity firms appeared first on Re[...]
Reuters was first to report that India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion […] The post Volkswagen India unit faces $1.4 billion tax evasion notice appeared first on Reuters News Agenc[...]
Freight Forwarding & Logistics headlines from Courtesy of Freightwaves
Houthi rebels said they will end attacks on Israel and on merchant shipping in the Red Sea in the wake of a ceasefire between Israel and Hamas. The post Ocean rates could fall as Houthis say they will end Red Sea attacks appeared first on F[...]
Less-than-truckload carrier Pitt Ohio said it will offer direct service from Cincinnati to six cross-border locations in Texas. The post Pitt Ohio adds express lane to Mexico border appeared first on FreightWaves. [...]
Significant winter storm will bring snow, ice, and frigid cold from Houston to the Florida Panhandle this week. The post Disruptive winter storm bringing snow, ice, frigid temperatures to Gulf Coast appeared first on FreightWaves. [...]
January 15, 2025 We recently closed the door on 2024, and what a year it was. The headlines told of growing supply chain complexity driven by huge weather events, including 27 weather disasters in the U.S., labor strikes, geopolitical insta[...]
Manhattan Associates and Blue Yonder were key supply chain software providers highlighting their new capabilities at NRF ’25. The post Connectivity, generative AI’s impact key supply chain software themes at NRF ’25 appeared first on [...]
This week in Borderlands: Trump tariffs won’t stop nearshoring investments in Mexico; Deugro USA expands logistics operations in Houston; Titanium Transportation opens Texas brokerage office; and TAM Group opens a location in Mexico City.[...]
Hurricanes garner most of the attention, given their threat to life and property, but from an operational point of view, transportation managers and providers should probably increase their focus on winter weather. The post Winter weather h[...]
Bombshell in Louisiana: a guilty plea in staged accident murder and an accusation against two others. The post Louisiana staged accident murder: Harris pleads guilty but fingers others for the shooting appeared first on FreightWaves. [...]
Rig on Wheels CEO Kameel Gaines will celebrate 15 years of recruiting truck drivers with a virtual event on Jan. 24. The post Rig on Wheels celebrates 15 years of driver recruitment appeared first on FreightWaves. [...]
WASHINGTON — While global transportation transitions to a cleaner future fueled by alternative power sources, North American railroads have fewer good options outside of diesel fuel. “We love diesel; we like to take showers in diesel,�[...]
Bulk hauler Trimac announced it has acquired Watt & Stewart and its locations in the U.S. and Canada. The post Trimac acquires flatbed carrier Watt & Stewart appeared first on FreightWaves. [...]
Decker Truck Line Inc. of Fort Dodge, Iowa, has permanently closed its terminal in Missoula, Montana, citing findings from a review of its operations and freight network as the main reason for the closure. The post 94-year-old Iowa-based tr[...]
An entity owned by the family that owns car hauler Jack Cooper has acquired Standard Forwarding. The post Family behind Jack Cooper quietly acquires LTL carrier through separate entity appeared first on FreightWaves. [...]
Following up on earlier action this week aimed at controlling the influx of unidentified e-commerce shipments from China, U.S. Customs and Border Protection on Friday proposed that low-value imports no longer qualify for duty-free entry if [...]
In this edition: FreezPak goes West, Lineage faces layoffs and GLP-1 drugs tank grocery store spending. The post Running on Ice: FreezPak warms to Western expansion appeared first on FreightWaves. [...]
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Barry Conlon and Adam Wingfield The post Overhaul CEO on $55M in funding to fight fraud; Adam Wingfield’s master class | WHAT THE TRUCK?!? appeared first on FreightWaves. [...]
The International Longshoremen’s Association expects to shortly take the next steps toward ratifying a new contract with East and Gulf Coast port employers. Union leadership will be scheduling meetings “in the next few weeks” wi[...]
Amazon has announced its largest-ever order of electric heavy goods vehicles, acquiring over 200 eActros 600 vehicles from Mercedes-Benz Trucks. The post Amazon goes Old World for new electric trucks appeared first on FreightWaves. [...]
STB Chairman Robert Primus addressed the Midwest Association of Rail Shippers on Thursday. The post STB chair remains frustrated over Class I railroads’ lack of growth appeared first on FreightWaves. [...]
The president-elect sided with protesting truckers five years ago, but will his new administration be willing to expand federal oversight of private broker contracts? The post Fight over truck broker contracts awaits Trump’s next move app[...]
J.B. Hunt Transport Services reported record intermodal volumes for the fourth quarter, but shares sagged after the market closed Thursday as costs overshadowed the period. The post J.B. Hunt’s record intermodal loads came with higher cos[...]
A family-owned Wyoming trucking company has agreed to pay $124,000 to settle a federal lawsuit stemming from allegations that the company’s owner had sexually harassed two female truck drivers over several years. The post Wyoming trucking[...]
In the latest episode of the Bring it Home podcast, Brian McMorris, founder and president of Futura Automation, said he sees robotics and automation playing a role in reshoring decisions. The post Automation leader says reshoring ‘a matte[...]
J.B. Hunt Transport Services reported fourth-quarter results Thursday after the market closed. The post J.B. Hunt Q4 earnings: First look appeared first on FreightWaves. [...]
President-elect Donald Trump’s tariff policies could weaken relations with Canada and Mexico, according to a recent panel discussion hosted by the Washington-based Wilson Center. The post Trump tariffs would be ‘blow’ to US allies Can[...]
This week we explore how retailers are balancing security measures with customer experience. The post Locked up and losing out appeared first on FreightWaves. [...]
Amazon has a track record of creating technology driven logistics solutions to meet their own needs – and sharing those solutions with everyone else. The post Amazon Freight continues to lead the industry through scalability and innovat[...]
Intermodal volumes boosted weekly U.S. rail traffic even as overall carloads slipped compared to the same week in 2024. The post Intermodal strength keeps US rail volume ahead of 2024 levels appeared first on FreightWaves. [...]
FTR’s 2025 Transportation Outlook predicts steady growth in spot and contract rates amid a shifting economic and political landscape but cautions that the increases will not be as significant as those of 2020 or 2021 The post Analysts pre[...]
How growing costs and inefficiencies drive the search for tech solutions The post White Paper- The Road Ahead: 2025 Trucking and Fleet Insights appeared first on FreightWaves. [...]
Emirates SkyCargo has hired startup Compass Cargo Airlines to operate two Boeing 747-400 freighters in its global freight network. The post Emirates leases additional Boeing 747 freighters to meet shipper demand appeared first on FreightWa[...]
Amazon Relay stands out as a gateway for carriers of all shapes and sizes to access Amazon’s growing freight opportunities. The post Amazon Relay offers flexible freight opportunities appeared first on FreightWaves. [...]
CN has rolled out a hybrid biofuel-ready locomotive it says could reduce fuel consumption by 50% compared with typical diesel power. The post CN testing hybrid biofuel-ready locomotive appeared first on FreightWaves. [...]
SCHAUMBURG, Ill. — The power of data, or more accurately, of well-used data, may not have explicitly been the topic of BNSF Railway CEO Katie Farmer’s presentation at the Midwest Association of Rail Shippers Winter Meeting. But it was a[...]
ArcBest announced changes to its leadership team on Thursday. The post ArcBest announces leadership changes appeared first on FreightWaves. [...]
The California Air Resources Board (CARB) has scrapped its controversial rule that would have required the use of zero-emissions locomotives in the state beginning in 2030. The board informed the Environmental Protection Agency this week th[...]
SCHAUMBURG, Ill. — The question of the day, on the first day of the Midwest Association of Rail Shippers Winter Meeting, is probably one being asked in one form or another at every business in the United States — or that does business w[...]
California’s trucking industry is starting to try to figure out what the world looks like with the Advanced Clean Fleets rule dead. The post The day after: Speculation abounds on California trucking regulation with no ACF appeared first o[...]
Washington added China’s Cosco shipping line and two of its largest shipbuilders to a blacklist of companies it said were directly tied to the People’s Republic of China military apparatus. The post Cosco says blacklisting won’t a[...]
President-elect Trump’s pick for transportation secretary gave Senate lawmakers a list of assurances and commitments he plans to carry out if he is confirmed. The post DOT nominee Duffy vows to prioritize rebuilding I-40 appeared first on[...]
Oil prices are expected to gradually soften on loose supply. The post Strength, then oversupply? Parsing the latest EIA oil forecast appeared first on FreightWaves. [...]
Israel and Hamas agreed to a ceasefire, raising questions as to when major container lines will return to the Red Sea. The post Analysis: When will ocean carriers return to the Red Sea? appeared first on FreightWaves. [...]
Now on demand on WHAT THE TRUCK?!? Dooner is joined by John Kingston; Walter Mitchell; Daniel Sokolovsky; Steven Munro; Joseph Petrelli The post California ends fight against diesel trucks; logistics sends wildfire aid | WHAT THE TRUCK?!? a[...]
A New Hampshire man, who claimed he owned trucking and agriculture businesses, admitted that he conspired with others to fraudulently obtain nearly $320,000 in funds through two COVID-19 pandemic programs. The post New Hampshire man created[...]
As truckload capacity exits, weak volume keeps rates in check. The post Seasonal norms blunt recent improvements in freight markets appeared first on FreightWaves. [...]
The less-than-truckload industry needs an uptick in demand to maintain favorable pricing fundamentals. The post LTL pricing discipline may not hold, report says appeared first on FreightWaves. [...]
Despite aggressive interest rate hikes by the Fed aimed at curbing inflation, the CPI's decline in yearly growth has been gradual and uneven. The post December inflation data puts future Fed cuts to bed appeared first on FreightWaves. [...]
Companies involved in cross-border e-commerce face new data requirements and other changes as U.S. officials clamp down on de minimis shipments from China. The post US poised to restrict low-value imports from China appeared first on Freigh[...]
The California Air Resources Board has withdrawn its request for a waiver to implement the Advanced Clean Fleets rule. The post CARB, in a stunner, drops request for EPA waiver on Advanced Clean Fleets rule appeared first on FreightWaves. [...]
“In mature markets like the U.S., data accuracy and completeness are critical to building trust and delivering value,” said Shippeo co-founder Lucien Besse. The post EXCLUSIVE: Shippeo lands $30M to further its North American and Asia-P[...]