The company reported diluted earnings per share (EPS) of $0.53, $0.01 short of estimates and $0.02 higher than the second quarter of 2018.
Legislation that would increase the minimum insurance liability coverage required for interstate trucking from $750,000 to almost $5 million would put more small owner-operators out of business, independent operators claim.
IMO 2020-driven refining activity and tanker demand appears to be materializing slower than previously expected.
Hurricanes Erick and Flossie to cause some trouble in paradise the next several days
The owner of a Chatsworth, California-based truck driving school pleaded guilty to five counts of wire fraud, admitting he participated in a scam to bilk the VA out of more than $4 million.
US DOT awards $478 million in airport infrastructure grants to 232 airports in 43 states.
Canadian Pacific Railway (TSX:CP) (NYSE:CP) has joined the Blockchain in Transport Alliance (BiTA). In joining the Alliance, CP is supporting BiTA’s mission of producing blockchain standards that allow for interoperability between participants in the global supply chain. Blockchain is an open, extensible platform capable of sharing shipping events, messages and documents across all the actors […]
GSC handles 12 percent of import containers in Oakland, but its leadership is concerned about plans to build a baseball stadium on port property,
Chief Insight Officer Dean Croke breaks down the intermodal market and how some areas if it are trending upward. While market expert Seth Holm gives us an update on Q2 earnings.
New categories to be added to types of crashes deemed “not preventable.”
Truckload volumes on a national basis have been trending 3% above 2018 levels for a week.
Canadian rail and trucking sectors expand as nation’s GDP increases by 0.2 percent, capping its best three-month period in two years.
Jim Wilson reports on Hong Kong-listed dry bulk ocean shipping company Pacific Basin’s earnings.
Shale to the king, baby! Today’s FAK is on frac sand. For those who want to know…now you know.
Tariffs and USMCA were among the topics discussed during Tuesday night’s presidential debate.
A small business exporter highlighted the benefits she has reaped from de minimis exemptions during a Senate Finance Committee hearing Tuesday.
Ceva Logistics posts weak first-half results, pressured by economic weakness, subpar airfreight volumes and loss of big ocean contract
ODYN co-founders to join Turvo in leading a new advanced technology center in Boston.
When deploying a TMS, it’s important to understand what you want it to do, but also what it can’t do for you.
Wabash National says it has $1.2 billion of trailers in its production backlog with cancellations at normal levels and demand robust.
U.S. shale oil production might reach tipping point; U.K. auto industry investment is on the decline; Amazon is looking to expand to food services in India.
Oregon wildfire keeps I-5 lanes closed, while Erick and Flossie head toward Hawaii
Market expert Jesse Cohen writes about the fascinating movement of cars around the world via air cargo.
Jens Bjørn Andersen, chief executive officer, said the company was “very pleased with the strong results for the second quarter of 2019. Global transport markets are soft – especially within air freight, but DSV has managed to outgrow the market while still delivering market leading profitability.”
While many fleets and drivers are using ELDs, there are still some using AOBRDs, and time is quickly running out before the December deadline to switch arrives.
Trucker steers cars clear of accident victim ejected onto a road
Saia Inc. (NASDAQ: SAIA) reported that its revenues and operating income were up in the second quarter of 2019. Headquartered in Johns Creek, Georgia, the less-than-truckload (LTL) carrier reported an 8.3 percent increase in revenue to $464.2 million and a 23.1 percent jump in its operating revenue to $51.2 million in the second quarter. Saia, […]
Eternity México recently launched ELIS, a new cloud-based platform to track international freight shipments in real-time between major markets from Asia to Latin America. ELIS (Eternity Logistics Intelligent System) was unveiled recently during Eternity México’s two-year anniversary celebration in Mexico City, where company officials also unveiled a new logo and rebranding campaign. Nicolás Portenza, president […]
Matching tractors to trailers could improve efficiency and lower costs for trucking fleets is among the concepts that vehicle engineers continue to chase, but the North American freight system might not be able to benefit from these advancements.
The Port of Savannah saw container volumes drop from year-earlier levels as the outlook for international trade remains weak. But the fourth largest U.S. port is still seeing some of the best year-to-date growth for imports. The Georgia Ports Authority (GPA) said June 2019 container volumes were 361,906 twenty-foot equivalent units (TEUs), a 2.4 percent […]
The Class I railroads have reported their second quarter/first-half of 2019 results. Jim Blaze writes about what may happen during the remainder of 2019.
Innocent third parties who get caught up in Australia with illegal drug logistics, such as employers and transport operators, do not appear to fear the threat of having their property seized by the authorities.
Another motor carrier has fallen victim to this year’s freight recession as Terrill Transportation Inc. of Livermore, California, abruptly ceased operations on July 30.
Hub Group believes “soft” intermodal volumes will begin to flatten out and that the 2019 peak shipping season will be similar to that of 2017.
The carrier here prevailed because the court determined that the carrier’s response to each complaint of sexual harassment was appropriate under the law.
Shippers Transport Express, an affiliate of the stevedoring firm SSA Marine, has obtained a long-term lease on land it uses as a dray-off yard in the Port of Oakland.
CHRW grew net income by 6.3% but increasing earnings per share by 8% with buybacks.
ArcBest posted flat to down second quarter results as a weak LTL macro environment and too much truckload capacity hit its two main units.
The company attributed the revenue slip to pricing and volumes, especially on routes between Europe and Asia.
Minimum coverage would increase from $750,000 to almost $5 million.
Hub Group sees record earnings despite a “softening demand environment” and “increased truckload and intermodal competition.”
Idle-reduction technology is still not being used by all fleets, despite laws and clear benefits of such systems.
When compliance rate is broken down by fleet type, it becomes clear that some segments of the industry are more compliant than others.
This article brought to you courtesy of NEXT Trucking The Port of Oakland is far from the biggest market for container trucking. But it aims to be among the most efficient for drivers. Oakland, the fourth-largest port on the North American West Coast, saw container volumes rise 5 percent last year to 2.5 million twenty-foot […]
R. Eddie Wayland, TCA Legal Counsel A federal trial court in Iowa recently ruled in favor of a carrier in a sexual harassment case. The basic factual allegations are all too familiar: a male driver and a female driver are driving together in a truck, and alleged sexual harassment occurs. The carrier here prevailed because […]
November contracts from Los Angeles to Dallas traded at $2.103/mile as positive consumer confidence numbers were released.
Brian Aoaeh writes about the use of machine learning to improve supply chains, particularly in the context of decreasing greenhouse gas emissions.
Ryder Systems Inc. posted strong second-quarter revenue but reduced its second-half earnings guidance on weakness in used truck sales and rentals.
Freight revenue drops by 12.1 percent, led by a more than 20 percent plunge from airline’s Pacific routes.
eBay’s Managed Delivery will outsource warehousing, transport, and packaging services.
Indiana-based Cummins Inc. (NYSE: CMI) reported higher revenue and net income, but the power technology company’s second quarter earnings came in below analysts expectations. Cummins posted second quarter earnings of $4.27 per share, up from $3.32 in the second quarter of 2018, but below the $4.41 average estimates from analysts. The company’s stock is taking […]
Shipowner organizations are expressing concern about proposed modification of tolls at the Panama Canal on Jan. 1 and are asking for it be postponed until June 2020.
Power management company Eaton Corp. reported higher second-quarter sales and earnings despite declines in its vehicle segment.
When a patient is waiting on an organ to arrive in order to receive a life-saving transplant, every moment matters.
Convoy says a study of its data shows that carriers in its network are safer than industry averages and have fewer cargo claims than the average carrier.
Wildfire closes lanes on I-5, while desert southwest may get doused
Eagle Bulk is finally in position to benefit from a rate recovery. It has been a long time coming for funds that invested back in 2013.
The Procter & Gamble Company (NYSE: PG) reported its strongest quarter of organic sales growth in over a decade.
Blockchain’s utility can only be realized if there is participation from every stakeholder within a value chain, and banks heavily on the quality of data being fed into its system.
Train products manufacturer and supplier Wabtec lowered its sales guidance for 2019 but kept its projections for how much profit it expects to make from its operations.
A federal grand jury indicted three Texas men – two truckers and a state worker – in connection with a scheme to sell commercial driver’s licenses (CDLs) without the drivers having to take the required test, according to a report from the San Antonio Express-News. The indictment, which was handed down July 24 in a […]
How will Pittsburgh Airport build on its air cargo success so far?
Long before sunrise, Molly Sizer starts her day in West Texas as a professional frac sand hauler. She gets dressed, drives her Peterbilt truck to one of the dozens of frac mines around the Permian Basin, is loaded with 50,000 pounds of sand, drives 100 miles or more through crowded bumpy roads and finally delivers […]
Germany’s DB Schenker is joining the ranks of logistics companies that aim to bring cargo booking online. One of the top five freight forwarders in the world, DB Schenker said it will introduce its connect 4.0 platform to North American shippers. Connect 4.0 allows customers to make and to book general cargo transportation. DB Schenker […]
The Clam Gulch, Alaska Post Office serves ZIP Code 99568. Photo by Jimmy Emerson, some rights reserved. Photo shared under the Creative Commons License. Clam Gulch Post Office 65790 Sterling Hwy Clam Gulch, AK 99568
Passenger train proposal asks for comment on freight requirements as well.
National load tender volumes were relatively flat in the final full week of July, posting a 25 basis points (bps) gain.
Kick off the week with the headhaul edition of WTT?!? Emily Szink returns as a special guest co-host with Dooner to bring you headlines about Walmart’s autonomous final-mile delivery vans, a giant deal in the on-demand delivery space, the Port Report and SONAR’s blockbuster new feature. JP talks mergers and acquisitions, market expert trivia and […]
The owner of an Alabama-based truck driving school has been indicted by a federal grand jury on charges of conspiracy, bribery and wire fraud after authorities allege he bribed a commercial driver’s license (CDL) examiner to give his students “favorable treatment” during testing.
Purchase of Worldwide Perishables Canada expands perishables business of world’s largest freight forwarder.
Nearly 12,000 acres burned so far by Oregon wildfire that has slowed traffic on I-5
Volvo Trucks North America is recalling VAH, VHD, VNL and VNR trucks from the 2019-2020 model years because the air tank can fall off the truck and create a road hazard. It said it knows of no crashes related to the manufacturing defect.
Legislation includes first-ever grants for electric vehicle infrastructure.
Traton SE crossed $1 billion in operating profit for the first six months of 2019 but expressed concern about slowing orders in the second half.
The record occurred despite extreme weather conditions that stymied rail shipments in February and March, as well as restrictions on Canadian canola exports to China, the railway said.
From their Seattle headquarters, the executive team talks operations, startup culture and the enduring importance of the human factor.
Looking ahead, Herdman expects air cargo numbers to remain weak due to moderating global business optimism levels and stalled progress in trade negotiations.
The action directed by USTR follows discovery of harvested timber in the company’s supply chain.
The working group laid out specific proposals in the areas of labor, the environment, enforcement and pharmaceuticals.
Market Expert Zack Strickland dives in to what’s happening in the freight volumes market. While Economist and Market Expert Anthony Smith shows us how the durable goods new orders is trending upward.
Greenbrier said the acquisition will enable the company to provide customers not only with direct sales or leasing options but also with after-market services. Customers seeking tank cars and covered hoppers will also benefit from Greenbrier’s expanded geographic footprint as a result of the acquisition.
Furniture-makers may face long slog in adjusting to tariffs on Chinese imports; Autonomous freight trains to be tested
Donald Broughton writes that as goes the freight sector goes the economy in this commentary.
Theresa De Santis had to be talked into entering trucking competitions with her witch-themed 1985 Kenworth 589. She has collected a lot of hardware and prize money since.
uShip, the online logistics and freight marketplace provider, announced July 25 that Mike Williams has stepped down as chief executive officer and board member. The Austin, Texas-based company also announced that chief technology officer (CTO) Kris Lamb will replace Williams as CEO. Lamb has been with uShip since December 2017, when he was hired as […]
Smoke from wildfires, potential flooding along a cold front, two Tropical Storms.
Geofencing lets carriers keep an eye on wait times across their entire operation, empowering leaders to identify trends and alter routing guides to gain more efficiency.
Ben Thrower writes about nearshoring manufacturing, which has gone on for decades. He also writes about the potential for nearshoring services, a new opportunity for both U.S. and Latin American businesses.
Just Eat and Takeaway.com merge to create a £9 billion company that will be headquartered in Amsterdam and traded on the London Stock Exchange.
As peak shipping season gets underway and more containers arrive at ports, the ability of North America marine terminals to handle the extra truck traffic is coming into sharper focus. This stems from the experience seen in 2018 when many drivers sat in long queues and shippers faced delays in retrieving their freight. The issue […]
Tank barges plying U.S. rivers are seeing higher rates as more petroleum is shipped.
Pilot in partnership with Gatik will run robovans on a two-mile route between a distribution center and retail store in Arkansas.
Purchase of Missouri-based Piston Tank Corporation grows Canadian transportation company’s U.S. specialty operations.
Companies that build a dedicated M&A program return more value to shareholders.
California’s produce shipments can wreak havoc on trucking capacity in the spring. This year’s season was s shell of the previous two.
Logistics provider Flexport Inc. has filed a lawsuit against Western Global Airlines, alleging the company failed to provide proper freight transportation.
The Shell Rotella Super Rigs is among the more attractive beauty contests for trucks because every entrant has a chance, winner or not, to end up in Shell’s Super Rigs annual wall calendar.
