Brokers: Shippers are pricing down contract freight faster
Freight brokerages see more frequent bid events as opportunities to take market share.
Freight brokerages see more frequent bid events as opportunities to take market share.
“If this legislation were to pass, the big carriers would be able to pressure shippers and receivers to load their drivers who are on the clock sitting at the loading dock,” Lewie Pugh, OOIDA executive vice president, said.
Mark Russell has been selling converted options in Nikola daily since mid-September, which is not a good look for a company CEO.
The idea that America has a truck driver shortage isn’t going away so easily, and it’s shaping major policy.
Truck driver Leland Schmitt’s bid to be exempt from federal work rules was denied by regulators.
German shipping and logistics giant Deutsche Post DHL has raised its full-year profit guidance to a record of $8.38 billion.
With the recent launch of Tomorrow.io’s Real-Time Monitoring system, companies are able to receive granular, real-time weather information relevant to their moving assets.
Weather safety starts well before the first raindrop or snowflake falls, so shippers should look for carriers, like PGT Trucking, that have strong proactive internal processes in place.
Forward Air said Monday it has entered into an agreement to acquire an intermodal drayage provider with locations in Mobile, Alabama, and Memphis, Tennessee.
Truckload carrier Ascend announced the acquisition of Wisconsin-based Fuchs Trucking, a regional carrier with 96 trucks and 90 drivers. (Photo: Fuchs Trucking)
Forum Mobility, a startup in California, is focusing on zero-emission transportation by creating more charging facilities and offering EV trucking-as-a-service to drayage carriers.
Daimler Truck North America is taking no chances that a brake module corrosion issue is more widespread than it thinks.
FedEx will suspend money-back guarantees on U.S. and air export next-day air shipments for nearly three weeks.
Werner Enterprises announced the acquisition of freight broker ReedTMS Logistics for $112.4 million. The deal also included a small dedicated carrier.
This week in Borderlands: A cyberattack disrupts Mexico’s transportation systems; Heniff Transportation acquires a Texas tanker carrier; Bendix expands in Mexico and the CBP seizes $24 million in drugs the border.
The Port of Houston announced it will begin implementing fees for long-dwell containers beginning Dec. 1.
DHL Express’ tariff hike will exceed the increases by FedEx and UPS.
Echo Global Logistics said it has acquired Fastmore Logistics, a brokerage with a specialized carrier network and expertise selling to international freight forwarders.
October hiring in the truck transportation sector took a surprising turn upward in October, according to BLS data.
Class 8 truck orders remained strong in October, but lower profits at truckload companies may cool bookings.