Under pressure: Contract rate cuts heat up based on Q1 bid feedback
J.B. Hunt and Knight-Swift reported higher pressure from customers to cut contracted rates in Q1 bids in an effort to extend savings before the market’s eventual turnaround.
J.B. Hunt and Knight-Swift reported higher pressure from customers to cut contracted rates in Q1 bids in an effort to extend savings before the market’s eventual turnaround.
Mexico was the United States’ top trading partner in February, with two-way commerce totaling $67 billion.
Kay Pfeiffer of TrueLifeCare joined Jeremy Reymer on Taking the Hire Road to discuss the importance of addressing the diabetes epidemic plaguing the trucking industry
The end to one of the worst freight markets in history may be closer than it appears.
Family-owned trucking company and brokerage California Intermodal Associates Inc. is ceasing operations after nearly 25 years and blames the state’s independent contractor law.
An annual report from Pitney Bowes found that in 2023, U.S. parcel revenue dropped for the first time in seven years despite increased parcel volume.
Kyle Kottke, general manager for Kottke Trucking, joined Jeremy Reymer on a recent episode of Taking the Hire Road.
Mexico is expected to continue to win business – and grab headlines – as the well-documented and ongoing nearshoring trend continues.
In this edition: 2024 might not end up being the white knight, and the Panama Canal opens up for additional volumes.
A 97-year-old dairy that offers home milk delivery in glass bottles and has scores of ice cream and dairy stores in Illinois and Missouri has filed for bankruptcy protection.
Students are on a path to obtaining their CDLs at scores of U.S. high schools that offer classes helping them get their permits.
This week in Borderlands: Samsara opens new office to focus on expanding cross-border trade; TriumphPay expands payments network to Mexico; China-based auto supplier to build $36M factory in Mexico; and Quantix acquires hazardous waste hauler in Houston.
The refrigerated truckload market has fallen back in alignment with the broader market this spring, but that doesn’t mean it will stay there.
Former Tony’s Express employees and truck drivers say financial mismanagement by new owner John Ohle led to the trucking company’s collapse.
FreightWaves earned two silver awards in the Azbee Awards of Excellence for coverage of Yellow’s closure and bankruptcy and a series looking back over five years since the ELD mandate.
Major fleets find that high-quality aftermarket grille guards can protect trucks from some of the most common front-end threats, including road hazards, stationary objects and animal strikes.
A California carrier made history Thursday by using an electric truck to haul freight across the U.S.-Mexico border.
More than 1,300 layoffs hit freight-related companies in Texas, Florida, Illinois, Michigan and Georgia over the past two weeks.
A new Volvo heavy-duty truck manufacturing plant in Mexico is expected to be operational in 2026.
Motive, a telematics, technology and fleet management platform, announced new AI-powered products and telematics hardware at the inaugural Vision 24 Motive Innovation Summit.
In an environment where theft is a growing issue, knowing what’s covered is crucial.
In this edition: The aftermath of the Francis Scott Key Bridge destruction, and UPS and the U.S. Postal Service form a partnership.
As disruption after disruption throws transportation leaders for a loop, how are we still able to keep supply chains moving?
The upcoming in-person Broker-Carrier Summit on April 22-24 in Kansas City, Missouri, seeks to take those relationships to the next level.
The dynamic nature of logistics calls for a new method of negotiating rates, through real-time data and automation.
Here are four innovative companies FreightWaves was introduced to at the Mid-America Trucking Show in Louisville, Kentucky.
Texas is banning oversize loads across parts of the state on Monday in anticipation of increased traffic from the solar eclipse.
Phase 3 greenhouse gas emission standards for heavy-duty vehicles covering model years 2027 through 2032 mandate more zero-emission commercial vehicles.
A California trucking company has shuttered operations after 19 years of hauling general freight throughout the state.
On a recent episode of Taking the Hire Road, Jeremy Reymer chatted with Candi Coate, certified director of safety and the north region corporate safety leader for Highway Transport.
Wisconsin Gov. Tony Evers vetoed a bill that would have put a $1 million cap on non-economic damages in lawsuits related to accidents involving trucks and other commercial motor vehicles.
Uber Freight has brought on talent with decades of experience from C.H. Robinson, Amazon and Walmart.
Pride Group filed for bankruptcy protection last week, citing capacity oversupply and underwhelming demand for trucks.
Saia is partnering with one of Mexico’s largest carriers, Fletes Mexico, to provide cross-border less-than-truckload services.
OGRE’s successful conversion of Brokerage and Transportation Sales to its technology and services platform increases logistics accuracy, speed and customer satisfaction.
This week in Borderlands: Investment surges in Mexico as companies shift supply chains, plan new factories; Michigan 3PL acquires Mexican freight brokerage, signs lease for Arizona warehouse; American Woodmark opens $45M plant in Monterrey, Mexico; and Zipline Logistics acquires supply chain provider Summit Eleven.
A jury found Jesus Puebla, 27, of Denver, guilty of five counts of vehicular homicide after the straight truck he was driving crashed into an SUV carrying a Wyoming family.
Deli meat producer Freirich Foods claims “temperature abuse” of tons of corned beef at a third-party cold storage facility is the reason it was forced to file for bankruptcy protection.
Ahead of Q1 earnings reports, analysts are adjusting their earnings expectations for truckload companies as excess capacity continues to weigh down pricing and margins.
FreightTech investment firm Venture 53 says Heale “shares our vision for the future of the supply chain ecosystem.”
A holistic visibility tool goes beyond simply providing data, instead creating a pathway for companies to identify and mitigate risks proactively.
Technological advancements, regulatory developments, environmental considerations and more require trucking businesses to continually adapt to an ever-evolving operational landscape.
WattEV uses a combination of state incentive funding, volume purchasing plans, and productivity improvement measures to make electric freight transport as affordable as possible.
Cindy Ellers, chief customer officer at Bestpass, joins FreightWaves to talk about challenges fleets and owner-operators face in 2024. She also highlights recent partnerships and acquisitions by Bestpass.
Uber Freight’s drop-and-hook capacity solution, Powerloop, has seen explosive growth, with more than 10,000 carriers servicing more than 220,000 loads to date.
Millions of people are expected to travel for the April 8 total solar eclipse, causing major traffic jams that could impact truck drivers’ routes.
A California-based trucking company, which shuttered operations in November after its operating authority was involuntarily revoked, recently filed for bankruptcy liquidation.
This week in Borderlands: Echo Global Logistics grows cross-border footprint as trade booms; Maersk launches cross-border warehouse in Tijuana; Yokohama announces $380M tire plant in Mexico; and Legendz Way to open distribution center in North Texas.
Colorado State University researchers say ELDs are vulnerable to “truck-to-truck worms,” self-replicating malware that spreads across a network.
Tyler Kivi, COO of Kivi Bros Trucking, joined Jeremy Reymer on this week’s episode of Taking the Hire Road.
While the logistics industry as a whole needs data standardization for greater efficiency, it faces specific challenges when compared to other industries.
FreightWaves’ State of Freight webinar for March highlighted signals that the commercial transportation market is moving in a positive direction.
GP Transco is installing solar panels on its entire fleet of around 600 trucks after testing the tech on 10 trucks over a six-month period. The company says the technology will save around $1,700 per tractor per year.
Transfix has launched tools aimed at protecting shippers, carriers and brokers from fraud.
The end of 2023 saw a surge in cargo thefts with thieves targeting food and beverage freight, along with electronics and household goods.
DAT Freight & Analytics says “external forces” caused service disruptions over the past 10 days on the load board’s platform.
Pandemic-related port congestion spurred the Department of Transportation’s creation of the Freight Logistics Optimization Works data-sharing platform.
Commercial vehicle auction volume in February held steady, but prices fell, according to J.D. Power Valuation Services. Yellow’s liquidation is expected to affect March prices significantly.
Legislation heading to Georgia Gov. Brian Kemp to bar most truck-crash lawsuits against insurance companies would reduce premiums and lead more insurers to write policies, supporters say.
In this edition: Another hit to AB5, and the Southern gold rush has come.
Texas-based vertical farm Eden Green Technology will grow, package and ship herbs from one of its two greenhouses in Cleburne.
Historically, companies have had two shipping options: less-than-truckload or truckload. Both tend to require some level of sacrifice from the shipper.
Nearshoring growth paired with lack of cross-border visibility is creating new challenges for cross-border logistics providers. Nuvocargo combines technology and expertise to overcome hurdles common to traditional big-box brokerages.
The trucking industry has a duty to the public, primarily to eliminate all truck crash fatalities and to increase the minimum insurance requirements.
Wise PanAmerican Solutions has seen an increase from international companies interested in doing business with Mexico.
This week in Borderlands: Container shipments from China to Mexico skyrocketed in January; construction set for border logistics park in West Texas; Nippon Steel set to build $71M plant in Mexico; and China-based auto supplier announces $178M investment in Mexico.
Major weather events in the past few years have greatly affected supply chains and logistics. It’s likely to be the same in 2024, as El Niño causes different effects in different regions.
Lindsey Trent, president and co-founder of Next Generation in Trucking, joins Jeremy Reymer to share her passion for creating a path for a younger workforce in the trucking industry.
Prosecutors said Viorel Pricop set fire to Swift Transportation trailers after the company helped law enforcement bring federal charges against him.
The main features of Modern Advanced Driver Assistance Systems include pre-collision assistance and blind spot monitoring. More advanced features include driver monitoring.
Excess truckload capacity continues to push down rates and change shipper behaviors to a more transactional approach.
An Illinois trucking company with 183 trucks and 171 drivers recently filed for Chapter 11 bankruptcy protection.
Truckers who hit overpasses in British Columbia could pay up to $100K, spend 18 months in jail.
Fuel fraud is a growing problem for fleets of all sizes. QuikQ is using RFID technology and multifactor authentication to expand the ways fleets can fight back.
The Port of Huntsville in Alabama reported 24% year-over-year growth at its intermodal container yard in 2023.
Navistar has announced it will partner with Plus to integrate its autonomous driving technology into Navistar’s vehicles.
Gov. Eric Holcomb of Indiana has signed a bill that allows juries to know whether a plaintiff in a vehicle accident was using a seatbelt. The ATA has praised the legislation.
Werner dedicates itself to helping shippers navigate the challenges and opportunities of today’s market, making it an ideal carrier for those looking to be on the front lines of the future of transportation.
Mexico ranked as the United States’ top trading partner in January, accounting for $64.5 billion in cross-border commerce.
This week in Borderlands: Nearshoring boom bringing more production closer to US; Mexican and US officials sign agreement to expand international bridge; Old Dominion receives approval for new terminal near Phoenix; and construction begins for 785,000-square-foot logistics park in Houston.
Ben Schill, CEO of Wisconsin-based Paper Transport, joined Jeremy Reymer on this week’s episode of Taking the Hire Road.
Trucking, logistics and truck stop chains are collectively owed millions of dollars after a Virginia-based logistics firm recently shuttered operations and filed for bankruptcy liquidation.
Walter Mitchell, CEO of Tai Software, explains where freight brokerages can leverage AI to better their business and how the second phase of TMS calls for great sophistication.
Pilot Travel Centers plans to add 35 travel centers, 500 truck parking spaces, and more than 30 maintenance and tire service shops.
Florida Gov. Ron DeSantis appears poised to sign legislation that addresses predatory towing fees aimed at trucking companies.
FreightWaves’ Mary O’Connell and Cargado CEO Matt Silver break down the changing role of 3PLs in U.S.-Mexico freight movements.
Qued President Tom Curee discusses the company’s new software offering that streamlines and automates load appointment scheduling among shippers, 3PLs and carriers.
Echo Global Logistics CEO Doug Waggoner sees the potential for spot rates to rebound by the end of the year.
IMC Logistics has acquired American Pacific Transportation, growing the company’s drayage capacity to more than 500 trucks in California.
Truck driver Kelvin Garcia Liriano, 28, of New Rochelle, New York, was sentenced to six months in prison for stealing $33,000 load of Mike’s Hard Lemonade.
A Mexico-based real estate developer is seeking partners to develop $1.7 billion in industrial and logistics parks along the U.S.-Mexico border.
On a recent episode of Taking the Hire Road, guest host Leah Shaver, president and CEO of The National Transportation Institute, and Avery Vise, vice president of trucking at FTR, discussed the data behind trucking, the economy and the labor market.
Supply chain technology cannot be siloed or fragmented to operate in today’s supply chain. This is what you need to know for the rest of 2024.
This week in Borderlands: Texas-based customs broker expands cross-border footprint; Pennsylvania-based mushroom grower expands production into Mexico; Impilo expands distribution network with Phoenix warehouse; and TT Electronics opens factory along US-Mexico border.
The Sisters of the Road photo collection highlights female truckers’ struggles and improvements needed for industry equality.
Michael Lombard, president of Lombard Trucking, joined Jeremy Reymer on a recent episode of Taking the Hire Road.
Knight-Swift President and CEO David Jackson stepped down Tuesday after a nearly 24-year tenure at the company that saw many mergers and acquisitions, including an expansion into the LTL market.
When software providers do not cater to private fleets, both the provider and the carrier suffer.
Massive wildfires in Texas and Oklahoma have disrupted travel and prompted mass evacuations.
The benefits of adding solar panels far outweigh the time and money associated with acquiring and installing the panels.