Small carriers that do not have the change their hardware in order to make the switch to ELDs need the shortest lead time.
Expanded flight offerings will make moving goods between the U.S. and U.K. more convenient.
As the world’s largest retailer, the company is often seen as a bellwether for the overall retail landscape.
Introducing an app-based visibility solution could be the answer to shoddy tracking updates.
They are being recognized for their selfless courage in racing to pull a trapped motorist from his burning vehicle.
Waiting until December to start running ELDs could leave some carriers in a lurch.
Ongoing political unrest has taken its toll on business sentiment throughout Hong Kong.
Continued cancellations could have a marked impact on air cargo.
The Chinese government forced Cathay Pacific to sideline some of its staff. That could mean tighter rates for other airlines.
For AIT President and CEO Vaughn Moore, trusting the company’s process is more important than chasing any particular outcome.
Cathay Pacific is the latest in a string of airlines to cite trade tensions as the reason for plummeting cargo segments.
Carriers waiting to implement ELDs until the last minute run the risk of hardware shortages, training slowdowns and fines on the highway.
While the passenger side has been experiencing growing demand, the industry’s overall profitability is still being dragged down by the smaller cargo side.
This is AIT’s third acquisition in the past year.
The beat comes after the company fell short of earnings expectations last quarter, coming in over 23 percent short of estimates.
At 10:30 a.m., its price was down almost 16 percent.
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.
The company attributed the revenue slip to pricing and volumes, especially on routes between Europe and Asia.
When compliance rate is broken down by fleet type, it becomes clear that some segments of the industry are more compliant than others.
When a patient is waiting on an organ to arrive in order to receive a life-saving transplant, every moment matters.
The Procter & Gamble Company (NYSE: PG) reported its strongest quarter of organic sales growth in over a decade.
Looking ahead, Herdman expects air cargo numbers to remain weak due to moderating global business optimism levels and stalled progress in trade negotiations.
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.
A recent cargo theft report suggests that transportation companies are particularly vulnerable to “insider threats.” In other words, companies may not be doing enough to secure their cargo from their own employees.
Boeing (NYSE: BA) posted a core loss per share of $5.82 for the second quarter of 2019.
Companies may not be doing enough to secure their cargo from their own employees.
The latest survey results show the highest compliance rates observed so far.
Some proactive trucking companies and drivers have been taking steps to identify and eradicate human trafficking for years.
California-based startup Cargomatic competes in the local freight-matching marketplace, using technology to connect drivers and shippers without all the back office red tape.
Pittsburgh is undergoing something of an economic renaissance, and a recent partnership between Sri Lanka-based freight forwarder Expo Freight (EFL) and Qatar Airways Cargo highlights the city’s efforts to become a relevant player in global logistics.
The Federal Motor Carrier Safety Administration (FMCSA) has extended its comment period concerning its possible pilot program that would allow non-military drivers under 21 to drive commercial vehicles across state lines.
The railcar leasing company posted diluted earnings per share (EPS) of $1.86, up from $1.01 in the second quarter of 2018
The transportation and logistics industry is evolving at breakneck speed, and keeping up has never been more important.
This is the fourth consecutive quarter IBM has reported falling revenues.
The transportation and logistics industry is evolving at breakneck speed, and keeping up has never been more important.
Small carriers and owner-operators continue to lag behind their larger counterparts in making the switch from automatic onboard recording devices (AOBRDs) to electronic logging devices (ELDs).
Carriers steering clear of Louisiana due to precarious weather conditions can start accepting loads into the state again.
Small business owners across the nation slipped off their rose-colored glasses last month. The National Federation of Independent Business (NFIB) Optimism Index fell 1.7 points to 103.3 in June, reversing May’s gains.
While AOBRDs and ELDs serve a similar function, there are several differences in both rules of operation and using the device itself.
Over 90 percent of small carriers that have not made the switch to electronic logging devices (ELDs) yet plan to stick with their old devices until the last quarter of 2019.
A climbing stock market could have consumers reaching for their wallets more often and making bigger purchases, helping sustain retail growth throughout the summer.
Integrating training and coaching programs into the driver experience can save a company significant money and minimize the risk of serious accidents.
England Logistics has partnered with Trucker Tools to streamline operations and provide real-time visibility to customers, allowing the company to eliminate many broker inefficiencies.
Land O’Lakes continues to value the companies that haul its freight and the drivers that show up to its docks, even as the state of the market shifts.
Volumes out of the Tifton, Georgia market have been moving upward since the beginning of the month, with FreightWaves’ SONAR Outbound Tender Volume Index (OTVI.TMA) showing a 33 percent surge since June 2.
Integrating technology into the freight forwarding process can provide a never-before-seen level of transparency, paving the way for faster and safer shipping.
Signs of a freight market decline have continued to accelerate since the first quarter. National volumes are down, spot market rates have flattened and tender rejections have reached historic lows.
The first-of-its-kind award was created to recognize shippers committed to eliminating inefficiencies from the supply chain and aiming to be excellent partners for their carriers.
The first-of-its-kind award was created to recognize shippers committed to eliminating inefficiencies from the supply chain and aiming to be excellent partners for their carriers.
Freight visibility is no longer considered a premium benefit the best brokers offer their shippers. It is simply an expectation that most brokers struggle to meet.
Three young executives have taken on new roles at Chattanooga-based Covenant Transport Services. The promotions, effective last month, set the trio up to take on new responsibilities as enterprise-wide leaders.
Data across all modes of traffic is signaling a dramatic slowdown in the freight market, but U.S. gross domestic product (GDP) continues to come in strong.
A.L.A. Trucking’s 41 drivers and 15 other employees will lose their jobs in the layoff, owner Alan Adams confirmed late Wednesday night.
About 551 people were victims workplace homicide each year between 2006 and 2010, according to the Census of Fatal Occupational Injuries (CFOI) conducted by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS).
The mandatory adoption of electronic logging devices (ELDs) has given decision makers the ability to access a wealth of data they never knew they needed. The tough part is attempting to sift through and draw insights from that data.
The mandatory adoption of electronic logging devices (ELDs) has given decision-makers the ability to access a wealth of data they never knew they needed. The tough part is attempting to sift through and draw insights from that data.
Knowing how to access and utilize quality data has become an integral part of running a successful trucking company, but many decision makers have been left scrambling to keep up with changing technological demands.
In an industry where new technology solutions seem to be emerging on a near daily basis, the way brokers evaluate products and choose partners is changing.
Improving efficiency within maintenance offers the biggest potential for improved profitability of any category within a trucking company. That’s why one of this summer’s TCA Profitability Program (TPP) seminars is all about maintenance workflow.
The U.S. Department of Transportation’s National Highway Safety Administration and the Federal Motor Carrier Safety Administration are considering removing “unnecessary regulatory barriers” to the introduction of automated driving systems.
Lytx has joined the Trucking Alliance, an industry organization dedicated to reducing large truck fatalities. The new membership is indicative of the company’s commitment to making the roads safer with its products.
The retail giant’s U.S. same-store sales were up 3.4 percent, its highest first-quarter results in nine years and fourth consecutive quarter over 3 percent.
The Cass Shipments Index came in negative for the fifth month in a row in April, sparking concern about potential economic contraction.
April shipments were down 3.2 percent year-over-year, prompting Boughton to acknowledge “material and growing downside risk to the economic outlook” in the latest Cass Freight Index Report.
It is not enough to provide an app that matches trucks to freight. In order to attract carriers, companies go above and beyond to provide lifestyle-centered perks as well.
The Blockchain Research Institute (BRI) and Blockchain in Transport Alliance (BiTA) announced a partnership to support members of both organizations in their efforts to build a collaborative network of leaders in blockchain technology last September. BRI Managing Director Hilary Carter spoke at this week’s BiTA Spring Symposium in Atlanta, offering members insight into how the […]
It is almost impossible to be a decision-maker in the transportation and logistics industry today without working with data. While good data can propel a company forward, bad data can stall growth. For many leaders, differentiating between the two can be a challenge.
It is almost impossible to be a decision-maker in the transportation and logistics industry today without working with data. While good data can propel a company forward, bad data can stall growth.
Several companies focused on using technology to make the process of moving freight more efficient showcased their products during the last round of Rapid-Fire Demos at Transparency19.
Women are underrepresented across the board in transportation and logistics, with just over 20 percent of managers in transportation, storage and distribution identifying as female. Women also make up a staggeringly small percentage of truck drivers, coming in at under 8 percent, according to the Women in Trucking Association Index.
Women are underrepresented across the board in transportation and logistics, with just over 20 percent of managers in transportation, storage and distribution identifying as female.
Leading transportation management and logistics service provider SEND Transportation has integrated Trucker Tools’ Smart Capacity into its operations.
Highway Angels can be nominated by their employers, fellow drivers or the people they assisted. After the nomination comes in, the TCA verifies the details of the nomination before recognizing the driver.
Parker said the company has been pleasantly surprised by the rate increases they have seen when negotiating contracts with existing customers, noting that many are coming in between 4 and 5 percent.
The Truckload Carriers Association has been recognizing Highway Angels, or professional truck drivers who demonstrate compassion and courage on the road, since its 1997 inception. Recently, seven standout drivers received the honor for acts of heroism performed.
Covenant Transportation Group (NASDAQ: CVTI) posted adjusted earnings per share (EPS) of $0.27 for the first quarter of 2019, beating analyst estimates and edging past the expectations the company itself announced earlier this quarter.
While volumes in Fresno are climbing, Houston volumes have dropped over 20 percent during the last two weeks after starting the month strong.
Retail rebounded from a disappointing February in March, with the growth rate climbing from 2.2 percent to 3.6 percent year-over-year. It was one of the strongest rebounds seen in the retail sector since mid-2017.
The company issued soft second quarter guidance, expecting organic net sales to range anywhere from flat to down 2.5 percent from the second quarter of 2018. The company also expects adjusted EPS to fall next quarter.
Tesla (NASDAQ: TSLA) badly missed analysts’ earnings estimates for the first quarter of 2019. The company reported an adjusted loss per share of $2.90, much worse than analysts’ estimated loss per share of $0.69.
Inventories that were stored in warehouses late last year are expected to flow into the wider economy in the second and third quarter, bolstering freight demand.
Technology is disrupting the logistics industry at a breakneck pace, and brokerages are not exempt from the changes. While new technologies are intended to help companies run smoother, the implementation process can be riddled with challenges.
The company posted an operating ratio (OR) of 66 percent, improving on its fourth quarter 2018 OR of 67.8 percent and setting a first quarter record.
The company issued a soft outlook, predicting fiscal year 2019 all-in sales growth from in-line to up 1 percent versus 2018, including a negative impact of 3 to 4 percentage points from the combination of negative foreign exchange and a modest positive impact from acquisitions and divestitures.
One representative who voted against the bill, Jack Hennessy (D-Bridgeport), was a career truck driver.
Both companies share a common goal – giving small companies the leverage they need to play in the big leagues.
The committee will consider topics like development, refinement and implementation of policies, programs, initiatives, rulemakings and security directives.
While outbound tender volumes climbed on the national level during this same time frame, the increase was small compared to the jumps seen in the Midwest markets.
Schneider Logistics published its 2019 Transportation Industry Review, arming shippers with the information they need to make short- and long-term distribution plans, budget freight costs and provide industry context to their broader audiences.
Choptank Transport is on a mission to turn its remaining manual processes into more efficient digital strategies. The quick-growing logistics service provider is hopeful that the transformation will bring revenue growth and help scale the business.
The drop in cargo ton miles was consistent with market expectations.
A former employee sued the employer and the payroll company on multiple claims, including breach of contract, negligence and negligent misrepresentation.
Motorists were in a pinch after load of crabs spilled onto a Virginia street Saturday afternoon. Further north in Wisconsin, spilled milk closed a roadway down for several hours.
FreightWaves, in partnership with Nodal Exchange and DAT, launched the world’s first financially settled Trucking Freight Futures contracts at 9 a.m. Friday, March 29. The first trade came through within 20 minutes of opening, at 9:18 a.m.
FreightWaves, in partnership with Nodal Exchange and DAT, launched the world’s first financially settled Trucking Freight Futures contracts at 9 a.m. Friday, March 29. The first trade came through within 20 minutes of opening, at 9:18 a.m.
Trucks designed to haul freight on highways are becoming much more sophisticated in China. Thanks to standardization, trucks now have the ability to do drop and hook, according to Perkins. Trucks are also being upgraded to more modern emissions systems.
In December 2018, the Federal Motor Carrier Safety Administration (FMCSA) denied 10 exemption requests.
Detention time has climbed over the last couple of months, in conjunction with a stabilizing freight market.
While the electronic logging device (ELD) mandate has indeed improved hours of service (HOS) compliance, a recent study found that the mandate’s potential safety impacts, which are often discussed, have not come to pass.
This month’s J.D. Power Commercial Truck Guidelines industry update reflecting falling demand.