Werner Enterprises modestly lowered earnings expectations for the first quarter of 2021 due to downtime caused by recent winter storms. The company expects no change to the tight capacity dynamic for some time.
You’ve probably flown in a Boeing 737-800, a next-generation variant of this popular 737, but when they are put to pasture they become valuable assets for all-cargo airlines. ASL Airlines in Europe is snapping some up and converting them to freighters.
Reliance Partners announced Wednesday it has acquired Borderless Coverage, an insurance agency focused on the U.S.-Mexico commercial transportation and logistics industries.
Several Latin America-focused freight and logistics-related startups have recently secured more funding, including Mundi, Jüsto and Valoreo.
Canadian trucking and logistics company Fastfrate Group beefs up its cross-border e-commerce business by acquiring third-party logistics provider ASL Distribution Services.
The rate increases could generate needed revenue and profits, but they may narrow the price-service gap between the Postal Service and its rivals.
David Owen West pleaded guilty to fraud and money laundering in federal court, admitting he orchestrated an elaborate scheme to defraud his former employer, Petco Petroleum Corp., out of more than $400,000.
Autonomous vehicle startup Gatik has announced it will deploy electric trucks as part of its autonomous testing in New Orleans with partner Walmart.
In today’s edition of The Daily Dash, diesel prices may start rising as the refineries had to shut down because of the winter weather down South. Plus, the activist investors pushing for change at Forward Air are not thrilled with the latest news from the company.
Appearing at an investor conference, J.B. Hunt CEO John Roberts said this year’s intermodal bid season will go a long way in determining whether the company curtails the division’s margin target.
Proposed mandatory guidelines to hair test for drugs could change — or see a lengthy delay.
With the coming independence of Daimler Truck from Daimler AG, the North American subsidiary gets a new CEO when Roger Nielsen retires in April.
Amazon is an e-commerce rocket ship. Making those deliveries possible is Amazon Air, which is growing so fast it could make it possible for more people to receive orders within a day.
State-by-state permission to park overnight at weigh stations isn’t consistent across the country.
Consumers do not want their new exercise equipment delivered to their door. They want it unboxed, assembled and ready to use inside their homes. A good final-mile partner makes that possible.
FreightWaves’ interviews are sure to spark discussions among industry insiders.
BorgWarner continues to build up its portfolio for commercial vehicle electrification with the $880 million acquisition of European battery maker AKASOL.
The activist investor group seeking changes at Forward Air said the company’s recent results and guidance are “substandard” in a letter to shareholders. The group also asserts that Forward was “disingenuous” in the way it provided updates on fourth-quarter results, suggesting it was fearful of receiving other board nominations.
Carriers moving cross-border freight have not had the same access to loads as those moving loads within the U.S. Forager is working to change that.
In today’s edition of The Daily Dash, Old Dominion is the latest LTL carrier to announce a rate increase. Plus, SONAR data shows a freight market moving sideways, and Forward Air reaffirms its direction in spite of activist shareholder pressure.
