Business

Citing tariffs and other factors, Volvo Trucks North America cutting about 1,000 manufacturing jobs across US

Container shipping capacity on the Asia-U.S. trade route has sharply declined as carriers ramp up blank sailings.

On Episode 829 of WHAT THE TRUCK?!?, Dooner is talking to one of the most amazing owner-operators on the road: Roger Machback. Machback lost his arm in a boating accident but didn’t let that keep him out of the cab. Instead, he designed his own prosthetic arm so he could keep on trucking. Now, he […]

Capacity management and transaction AI are two ways that Parade is helping brokers streamline carrier sales and daily operations.

Forward Air on Monday updated its first-quarter expectations for a second time.

The air cargo industry could see revenues cut by billions of dollars and China-US air rates plunge by 30% or more when the Trump administration revokes duty-free treatment for small e-commerce shipments, according to one logistics expert’s scenario modeling.

DHL says it will pause accepting certain B2C shipments after U.S. authorities eliminated the informal entry process for shipments under $2,500, which has swamped the company’s ability to process formal entries.

Freight forwarders focused on the trans-Pacific are in pain.

Mack Trucks will eliminate up to 450 jobs at facilities in Pennsylvania and Maryland due to tariffs and economic uncertainty.

The State of Freight webinar focused on a market that is coming to terms with a raging trade war.

The U.S. Department of Transportation is partially funding an $8.8 million project promoting adoption of autonomous truck platooning technology in the Midwest.

Custom manufacturer Fictiv has been acquired by the Misumi Group in an all-cash deal.

Another broker liability case is now before a federal appeals court, increasing the chances the issue will go before the Supreme Court.

Congestion hurt volumes and revenue in CSX’s first quarter.

Even in the midst of a sharp drop in his company’s stock price and a freight market that is not supporting the bottom line at Triumph Financial, CEO Aaron Graft touted milestones reached and signaled a new aggressiveness in pricing the company’s products. In his quarterly letter to investors released in conjunction with the company’s […]

A family-owned and -operated Florida trucking company has announced it will close after 44 years in business.

Investment firm Stonepeak has acquired energy-focused transportation and logistics company Dupre Logistics.

Marten’s earnings showed a truckload carrier fighting a tough market with little sign of improvement.

Logistics warehouse operator Prologis reiterated its 2025 guidance on Wednesday but noted that uncertainty around a volatile trade landscape has customers delaying leasing decisions.

Despite processing over 3 million tasks with generative AI, C.H. Robinson’s stock continues to face pressure amid a sluggish freight market and investor caution.

Hong Kong is suspending postal service for packages destined for the United States as the trade war between China and the U.S. heats up.

The White House said imported goods from China to the U.S. could be hit with tariffs as high as 245%.

Parallel Systems says its autonomous electric railcars will begin testing on two Georgia railroads this month.

Logistics real estate investment trust Prologis beat first-quarter expectations and maintained its full-year 2025 outlook but noted “policy uncertainty is making customers more cautious.”

J.B. Hunt Transport Services said it’s remaining rate-disciplined on the intermodal front, allowing some business to walk as it works to improve yields and margins in the segment.

J.B. Hunt Transport Services’ first-quarter earnings result came in ahead of recently lowered forecasts.

A New Jersey woman faces years in prison after she pleaded guilty to stealing $4 million from her trucking company employer.

The Commerce Department plans to withdraw from a trade agreement that lets Mexico import tomatoes into the U.S. duty-free.

DSV on Tuesday said it had fulfilled the final closing conditions for its acquisition of German logistics provider Schenker.

Kodiak Robotics announced Monday it has entered into an agreement with Ares Acquisition Corp. II, a publicly traded special purpose acquisition company.

Gatik, a leader in autonomous middle-mile logistics, said Monday it has reached a milestone toward its development of driverless trucks at scale. The company announced the successful completion of two major pillars of its safety assessment framework, with independent validation from TÜV SÜD, a globally recognized testing and certification organization. This is a crucial step […]

Transair, a small all-cargo operator in Hawaii, is preparing to restart business after a serious accident in 2021 and a failed FAA attempt to pull its operating certificate.

The CEO of Truckstop said in an interview that fighting freight fraud is challenging given that nobody goes to jail over it.

General Motors is temporarily laying off hundreds of workers at plants in Detroit and Ingersoll, Ontario.

Third-party logistics provider FitzMark announced the acquisition of brokers High Point Logistics and Pentonix Freight.

The Port of Seattle is appealing a decision by the City Council to permit a housing development it says threatens trucking and port operations.

The National Transportation Safety Board has issued a preliminary report for its investigation into a deadly semitruck crash on Interstate 35 in Austin, Texas, last month.

Freight data from Cass Information Systems shows the industry closed the first quarter on a down note.

It was AI all the way at the Transportation Intermediaries Association conference as companies rolled out new solutions to aid the brokerage community.

President Donald Trump has exempted smartphones, chips and computers from tariffs, but some import taxes remain on Chinese imports.

A bipartisan bill in Congress would tackle the burgeoning problem of rail cargo theft.

Shortline railroads are precisely the business partners that major railroads need to stanch a decline in the carload business, a consultant says.

China is slapping 125% tariffs on U.S. imports starting Saturday amid an escalating trade war with the Trump administration.

Fraud Watch examines potential increases in customs fraud whistleblowers.

The European Union will match the Trump administration’s 90-day pause on tariffs, delaying duties on $22 billion worth of U.S. products.

President Donald Trump on Wednesday dropped tariffs to 10% on imports from most countries for 90 days.

Walmart benefits if the tariffs cut out Temu and Shein.

The United States is threatening to take reciprocal action against nations that agree to a global carbon tax on ocean shipping.

New tariffs could usher in upheaval in the packaging industry similar to that caused by the 2018-19 trade war between the U.S. and China, say industry observers.

Low-value shipments from China to the United States are expected to plunge in May when their eligibility for duty-free status ends and new tariffs of 104% are applied to e-commerce orders.

While some progress has been made, 16% of respondents still rely on rudimentary tools including Excel spreadsheets and manual phone calls, indicating a gap in digital adoption.

Forward Air said Wednesday that 10% to 15% of last year’s revenue would have been impacted by the new tariffs.

The European Union on Wednesday approved tariffs, slated to take effect April 15, of up to 25% on more than $22 billion worth of U.S. goods.

China-to-U.S. freight has been hit especially hard by President Trump’s tariffs.

President Donald Trump’s wide ranging “reciprocal” tariff policy went into effect at 12:01 a.m. on Wednesday, including 104% duties on goods from China, as well as various levies on imports from about 90 other U.S. trading partners. Officials in China on Wednesday announced retaliatory duties on U.S. imports to 84%, up from 34%, starting on […]

C & C Freight Network, Best Choice Trucking and Best Logistics Inc. each filed for Chapter 11 bankruptcy protection Monday.

Patricks Fuchs, President Trump’s pick to lead the Surface Transportation Board, wants to speed up decision-making to help railroads grow their business.

Gallatin AI has raised $15 million in seed funding to modernize military logistics and supply chains.

Genesee & Wyoming short line Central Oregon & Pacific can take over local operations from Union Pacific in Eugene, Oregon, as early as Saturday, federal regulators say.

Officials in Panama say Hong Kong-based CK Hutchison Holdings’ contract to run two ports at the Panama Canal has cost the nation $1.3 billion. U.S. investment firm BlackRock is spearheading a possible purchase of the ports’ operations.

President Donald Trump has threatened to add 50% additional tariffs on imports from China starting Wednesday.

Governments are meeting this week on global fees for cargo ship emissions.

Two trade-dependent intermodal projects by BNSF Railway will move forward despite the Trump administration’s announcement of new tariffs.

A subsidiary of Iowa-based CRST The Transportation Solution Inc. will pay $100,000 to a job applicant who claims the company rescinded a job offer over the applicant’s criminal history.

The Trump administration is reshaping global trade, and the effects are being felt in the ocean and air freight sectors.

Less-than-truckload stocks bore the brunt of Liberation Day tariffs, falling 18% on average following the announcement and adding to an already down year.

Container traffic at the busiest U.S. import gateway is expected to drop by 10% in the second half of the year.

China is retaliating against President Trump’s reciprocal tariffs with 34% duties on U.S. imports.

The Trump administration is ratcheting up regulation of e-commerce shipments from China by removing a pathway for duty-free, expedited entry that critics say has been exploited by drug gangs and counterfeiters to smuggle illegal products into the U.S.

Independent owner-operator pay rose in 2024 but not by a lot, according to the president of ATBS.

Illinois-based LTI Trucking Services notified its 250 drivers Wednesday that the company was closing immediately.

Trump eases pain on trucking and rail by excluding from reciprocal tariffs goods that comply with the United States-Mexico-Canada Agreement.

Supply chain visibility topped a relevancy survey of logistics providers by shipping giant Maersk, while AI brought up the bottom of the list.

Investors have responded to the revelation, disclosed in a late Wednesday 8-K filing, with Landstar’s stock taking a hit over the past 24 hours.

Stellantis said on Thursday it paused production at assembly plants in Canada and Mexico and temporarily laid off 900 U.S. employees.

Railroad stocks dropped after President Trump’s announcement Wednesday of tariffs on U.S. trading partners.

FreightWaves sat down with Ventagium’s founder, Arturo Torres Arpi, to explore barriers preventing companies from embracing data-driven strategies and solutions that can drive operational excellence.

Retail sales are forecast to total as much as $5.48 trillion in 2025, according to a new forecast by the National Retail Federation.

Ten-year Treasury yields fell below 4% in a classic flight to safety.

Turvo said Thursday that SMC3’s less-than-truckload freight management tools can now be accessed through its TMS.

The U.S. Senate adopted a resolution to repeal the emergency declaration that allowed President Donald Trump to place tariffs on Canada.

Tariffs that President Trump announced Wednesday will vary, but he said that as a starting point, new levies on imports from many nations will equal half what those nations charge on exports from the U.S.

BNSF’s group vice president for industrial products has been named chief executive of shortline rail operator OmniTRAX.

Vertical Cold Storage has acquired Arctic Logistics and its warehouse serving the Detroit-Ontario, Canada, region.

President Donald Trump is expected to announce on Wednesday afternoon massive tariffs against every major U.S. trading partner.

The difficulty in comparing “hard” versus “soft” data is that sentiment influences decisions that will eventually bear out in the hard data.

A truck driver has won a victory at the U.S. Supreme Court in a case that traces back to a failed marijuana test.

Rapid policy decisions are transforming freight flows.

Railroads in January saw their share of North American transborder trade slip as trucks posted double-digit gains.

Class 1 railroads saw mixed results in Q4 of 2024, but consultant Oliver Wyman sees a steadier year ahead.

The freight and transportation industry saw another big round of layoffs at the end of the first-quarter.

Cold storage facility operator Lineage has acquired Bellingham Cold Storage and its three warehouses.

Consumers want fresh fruits and vegetables year-round. Grupo Mas and Cimcorp are seeking to address the challenges that demand places on the supply chain.

BlackRock Chairman Larry Fink says container shipping infrastructure is as critical to the future global economy as data centers and power grids.

Coinciding with $400 million funding rumors, Agility Robotics has announced a series of enhancements to its flagship humanoid robot, Digit.

The National Association of Wholesaler-Distributors has expressed concerns over President Donald Trump’s impending tariffs – set to go into effect on Wednesday.

The operators of a tanker that the U.S. military contracted to haul jet fuel are suing a subsidiary of the owners of a shipping company whose container ship struck the tanker in March.

The Trump administration is considering imposing a 20% universal tariff on almost all goods imported into the U.S.

A UPS modernization project will require its Portland, Oregon, package hub to temporarily close for more than a year, putting some jobs at risk.

Details around final distributions to Yellow Corp.’s creditors are out, but the company’s largest shareholder may not be on board.