Convoy raising capital at a multi-billion valuation
A round at this valuation puts Convoy one step closer to an IPO.
A round at this valuation puts Convoy one step closer to an IPO.
Even with all the publicity about the electronic logging device mandate, this year’s Roadcheck safety blitz in June still saw 37.2% of drivers placed out-of-service done so because of hours-of-service violations.
With rail traffic lower year-over-year and PSR initiatives in full swing, it’s understandable that soft railcar demand attracted attention at an investor conference.
Old Dominion, ArcBest report sluggish monthly
Ware2Go unveils four DIY tools to make distribution center site selections more effective
The outlook from JBHT was notably better than the concern around the lack of an uptick in seasonal demand that many carriers expressed at multiple investor conferences in May and June.
Logistics providers and non-governmental relief groups are facing difficulties getting large quantities of emergency supplies and personnel into the Bahamas because the runways and ports are severely damaged.
Labor unions claim the effect on jobs is not being properly considered.
Women drivers wait longer to load and unload their freight than their male counterparts because they are less prone to pitching a fit over delays.
The Truckload Carriers Association (TCA) and CarriersEdge encourage professional truck drivers and independent contractors to nominate their companies as Best Fleets to Drive For®. The annual contest and survey, now in its 12th year, evaluates and identifies those employers who provide exceptional workplace environments within the trucking industry. Visit www.BestFleetsToDriveFor.com between September 3 and October 31, 2019, […]
Data on recorded cargo thefts in the EMEA region shows an alarming increase this year, with it crossing €55 million in the first half of 2019.
Air cargo carriers are expecting a demand surge for scheduled and charter capacity if the British government overcomes opposition in Parliament and proceeds with a no-deal exit from the European Union Oct. 31, a scenario that even government experts agree will cause logistics chaos at English Channel ports. Opposition to a no-deal Brexit reached fever […]
Resit Tavan, owner of Istanbul-based Ramor Dis Ticaret Ltd., will spend 27 months in jail for conspiring to export U.S. marine equipment to Iran.
Editor’s note: Kenneth Smith Ramos is a former chief negotiator for the United States-Mexico-Canada Agreement for the Mexican government. He is currently a partner at Mexico City-based Agon, Economía, Derecho, Estrategia. The opinions expressed here are those of Ramos and not American Shipper or FreightWaves. One of the main objectives of the new trade agreement […]
The Office of Foreign Assets Control said additional trade regulations will take aim at the Nicaraguan president and his regime for the ongoing use of violence against the country’s people.
Navistar International Corp. blew past revenue and earnings estimates for its third fiscal quarter. It is reducing production but expects to gain market share in a softening market.
How to avoid breakdowns and repairs with preventive maintenance
FreightWaves CEO & Founder Craig Fuller talks with Richard Greening, the Global Technical Director for the DDC Group. The DDC Group provides digitization and processing of freight related documents for logistics companies.
Auto manufacturers remain a proponent of autonomy, even if what they’re manufacturing are varieties of electric scooters and bikes.
U.D. Trucks, the Japanese unit of Swedish truck maker AB Volvo. conducted the first test of an Level 4 autonomous truck in the island nation. The test run at a sugar processing facility in Hokkaido prefecture is partially aimed at addressing a shortage of truck drivers worsened by an aging population.