Truckload carrier Heartland Express reported another loss in the third quarter and said cost cutting alone won’t return it to profitability.
Werner CEO Derek Leathers delivered a surprisingly positive outlook for the trucking market.
Truck broker Landstar System said Tuesday it expects no material lift in the freight market for the remainder of 2024.
Werner Enterprises’ third-quarter operating ratio deteriorated by 320 basis points.
International container volume gains more than doubled domestic traffic in the third quarter, according to the Intermodal Association of North America.
Freight broker Landstar System missed third-quarter expectations Tuesday after the market closed and issued fourth-quarter guidance that was also light of consensus.
Moran Transportation announced it has acquired fellow less-than-truckload transportation provider RMX Freight Systems.
A federal bankruptcy judge overseeing Yellow Corp.’s liquidation has corrected a mistake in an earlier opinion, which could significantly alter how much Yellow owes to pension funds.
Interstate traffic in North Carolina and Tennessee is still dealing with the fallout from Hurricane Helene.
Despite a first-half lull in domestic network demand for logistics services, the world’s largest forwarder saw overall volume growth in the third quarter.
This week in Borderlands: Truck driver salaries in Mexico averaging $423 a month in 2024; Horizon Auto Logistics opens office in Veracruz, Mexico; LG Electronics opens $60M plant in Central Mexico; and Texas bridge project receives $80 million in federal funding.
Fleet managers are turning to new AI-driven Drowsiness Detection technology, which shows that 77% of drowsy driving events are detected by behaviors other than yawning alone.
The organization’s new admitted trucking program is representative of TIE’s dedication to bringing more capacity to the underserved trucking insurance landscape.
Universal Logistics Holdings officials said they expect operating revenues of $1.8 billion to $1.9 billion in 2025.
Less-than-truckload carrier Saia saw a modest backup in financial results during the third quarter but reasserted confidence that it’s on the right path with its terminal growth strategy.
Hurricanes, cargo theft, double brokering, and accidents all can negatively impact insurance rates.
As the industry continues to evolve, choosing the right fleet management software can prove daunting.
A new study projecting adoption of hydrogen internal combustion engines over the next decade suggests modest adoption.
Pam Transportation said even though its third quarter was bookended by soft demand, it saw sequential improvement in operating trends.
Less-than-truckload carrier Saia’s less favorable freight mix and higher cost structure from a terminal expansion weighed on its third quarter.
DHL is signing up for hydrogen trucks to be used in Illinois.
Universal Logistics Holdings’ third-quarter financial results show year-over-year decreases in its trucking, brokerage and intermodal segments.
In the first episode of the new Bring It Home podcast, co-hosts Craig Fuller and JP Hampstead speak with Dunavant Enterprises CEO Bill Dunavant about the future of Memphis Tennessee as “America’s supply chain capital.”
UPS’s financial performance bounced back in the third quarter, but it flagged macroeconomic weakness and in-store shopping as potential headwinds for fourth-quarter volumes.
Covenant Logistics Group reports truckload revenue of $198 million in the third-quarter, despite a soft freight market.
Ryder has been pushing to rely less on vehicle leasing, and it’s getting there.
ATA economist Bob Costello cites macroeconomic “return to normalcy” as a promising sign for trucking amid stagflation and private fleet growth.
Knight-Swift Transportation beat third-quarter expectations and provided some positive anecdotes around recent demand and pricing trends.
Here’s a first look at Ryder’s third quarter earnings.
Tesla plans to ramp up full production of its all-electric Class 8 Semi truck in 2026.
October’s SONAR webinar looked at key factors in earning the Shipper of Choice distinction.
Covenant Logistics Group reported 2% quarterly growth in freight revenue, “despite the prolonged general freight market down cycle,” Chairman and CEO David R. Parker said.
Knight-Swift Transportation beat the third-quarter consensus estimate but provided a mixed earnings outlook for the next two quarters.
Continued weakness in freight demand weighed on Old Dominion’s third quarter, but the less-than-truckload carrier said current sequential trends are the best in two-and-a-half years.
Supply chain software provider Manhattan Associates says it is taking longer to close deals.
Learn insights from an MHC dealer and Kenworth OEM on why heavy-duty fleets should consider RNG a priority in their decarbonization strategy.
Old Dominion Freight Line’s third-quarter came in slightly ahead of analysts’ lowered expectations, but its volume trends remained soft.
TFI CEO Bedard said on an analyst call that he wasn’t sorry the company bought UPS Freight, but he was plainspoken about its issues.
DHL Express says a new aircraft maintenance hangar and extra parking positions now under construction will minimize the amount of time aircraft are out of service and increase capacity at its U.S. superhub near Cincinnati.
Canadian transport and logistics company TFI International’s third-quarter earnings missed consensus forecasts by 18 cents per share.
According to a new report by Becker Logistics, cargo theft varies seasonally and by mode and location.
Less-than-truckload carrier Saia said it will open three terminals in October, pushing its new terminal count to more than 20 this year.
This week in Borderlands: Port of Corpus Christi becomes global crude oil supplier; Port of Brownsville secures $43M loan for ship channel expansion; US Lumber Brokers acquires Texas distribution center; and Holt Truck Centers expands across Texas with acquisition.
Yellow’s Chapter 11 plan before a federal bankruptcy court includes up to $100 million in payments to employees holding paid-time-off and commission claims.
Port-owned New Orleans Public Belt Railroad and logistics specialist Heniff Transportation Systems have opened a new state-backed transload facility aimed at dry and liquid bulk customers.
Marten Transport turned in a quarterly earnings report that was negative by almost every measure.
Using electric trucks for inbound logistics includes Daimler Truck with a 2026 goal of zero-emissions truck deliveries to its plants.
Forecasts of a bullish freight market were featured in this month’s State of Freight webinar for FreightWaves SONAR.
After mounting pressure from some shareholders following an ill-fated merger, sources have confirmed to FreightWaves that Forward Air is working with investment bankers to sell the company.
ATRI’s 2024 “Critical Issues in the Trucking Industry” report saw truck parking dominate driver concerns, while motor carriers worry more about the economy.
Federal officials’ proposal to ban cargo trucks from a Texas border bridge has drawn criticism from the trade community.
Trucking and marijuana use was the background issue in arguments before the U.S. Supreme Court this week regarding a driver who was dismissed for failing a THC test even though he hadn’t used marijuana.
The TriumphPay payments network turned in a positive EBITDA performance in Q3, a key benchmark for the company.
Nick Persin, director of strategic partnerships for FreightWaves SONAR, spoke with Dylan Alperin, VP of professional services at Keelvar, during the October Webinar about delivering SONAR’s truckload datasets to the Keelvar platform.
From mainstay events like kick-off parties to more unique offerings like professional speed dating, the summit gives brokers and carriers numerous opportunities to seek each other out.
Backers of California’s AB5 independent contractor law have scored a fresh victory after the U.S. Supreme Court declined to review the Postmates/Uber case.
J.B. Hunt Transport Services beat third-quarter expectations as it awaits a turn in the freight market.
J.B. Hunt Transport Services reported a better-than-expected result for the 2024 third quarter on Tuesday after the market closed.
The Port of Long Beach has $2.2 billion earmarked for accelerating zero-emission initiatives over the next decade.
Driver training is one of the most popular – and effective – ways to safeguard fleets against potential litigation.
One of the primary ways Netradyne advocates for drivers is by giving fleet managers a holistic view of their driving habits, highlighting praiseworthy, safe choices they make every day.
Daylight Transport and Old Dominion Freight Line garnered the top rankings in consulting and research firm Mastio’s 2024 survey of shippers.
The fifth-generation Freightliner Cascadia is not dramatically different from the current model but it brings some driver-friendly changes.
Continued volume weakness along with a steadying rate environment were the primary takeaways from Cass Information Systems’ September report.
Former American Trucking Associations CEO and President Thomas J. Donohue, hailed as “a powerful voice for all businesses, employers and their employees,” died Monday. He was 86 years old.
A Florida-based truck driver has been found guilty of murdering his co-driver during a cross-country trip in March 2022.
Supply chain software provider Descartes said Monday it has acquired omnichannel e-commerce platform Sellercloud in a deal that could total $130 million.
The annual ATRI survey of top industry concerns reveals a big gap between what drivers and carriers worry about.
Motive has announced a first-of-its-kind service that expedites the emergency response of first responders to drivers of commercial vehicles involved in wrecks.
Hurricane Milton caused at least $160 billion in damage and economic loss, according to a preliminary estimate from AccuWeather.
Nikola lays of 135 workers as it seeks to preserve its financial runway.
Recent research by MIT examines how market dynamics and relationships impact contract performance.
A tough earnings report at supply chain software provider E2open was greeted with a big sell-off on Wall Street.
Nine Florida ports and one in Georgia remained closed Thursday in the wake of devastation caused by Hurricane Milton.
Hurricane Milton has struck Florida, less than two weeks after the devastation of Hurricane Helene. American Logistics Aid Network brings together nonprofits and supply chain companies to effectively target disaster relief. But what does that actually entail?
Category 4 Hurricane Milton is expected to hit Florida late Wednesday or early Thursday, bringing catastrophic flooding and life-threatening conditions less than two weeks after Helene battered the state.
Dangerous winter road conditions are on the way. Drivers need to prepare ahead of time to stay safe.
Inbound loads to Lakeland are being rejected at elevated rates.
OOIDA and load board operator have teamed up in a deal that will give OOIDA members a discount.
The stress on Florida’s fuel supply chain is rapidly intensifying as Hurricane Milton closes in on the state’s central-west coast.
Hub Group announced a joint venture with Mexico’s largest intermodal carrier, EASO.
A demand spike in truckload markets can leave independent drivers particularly vulnerable to fraud and theft.
Despite their outsized impact on operations, confusion surrounding HOS regulations continues to plague the industry.
Some Florida ports shuttered Tuesday ahead of Hurricane Milton, which is expected to continue growing in size before making landfall as a life-threatening storm.
Over 600 layoffs hit freight-related companies in California, Illinois and New York, with the businesses citing loss of customers and an acquisition as reasons for the cuts.
NFI CEO Sidney Brown has filed a motion asking a judge to dismiss his criminal indictment stemming from a New Jersey real estate dispute.
Amendments proposed by the Biden administration aim to simplify hazardous materials compliance for trucking, rail and vessel companies.
Recent Department of Labor action against logistics company Cargomatic is part of a broader crackdown against what the Biden administration calls “coercive provisions” in employment contracts.
Investment firm Alta Fox has joined some of Forward Air’s other investors that are calling on the expedited trucking company to consider a sale following its controversial acquisition of Omni Logistics.
This week in Borderlands: Gulf Coast ports slam US tariffs on Chinese container cranes; Volkswagen inaugurates $114M Gulf Coast shipping hub in Texas; Southeastern Freight Line launches direct route to New Mexico; and Warehouse On Wheels opens location in Mexico.
Containerized logistics services provider STG Logistics said it will use a new $300 million debt and equity financing package to fund future growth.
Logistics companies are stepping up to help in Hurricane Helene’s aftermath.
With scammers getting more sophisticated in compromising the security of cargo or a carrier’s sensitive information, brokers need access to the best technology available to help them efficiently deploy best-practice processes in their fight against fraud.
With a focus on charger reliability, accessibility and user experience, Charli 2.0 introduces one-tap charging, real-time station availability and installation solutions.
The Bureau of Labor Statistics report showed a small drop in trucking jobs in September but an enormous one at warehouses.
Changes are coming to prohibited classifications at the Drug & Alcohol Clearinghouse.
A second front will be opened in the legal battle over whether Amazon is a joint employer of drivers along with its delivery service partners.
ACT Research and FTR Transportation Intelligence reported strong September Class 8 net orders as OEM order books open up for next year.
Flexport, a global supply chain solutions provider, is reducing its headcount by 2% as part of a reorganization aimed at helping the company drive profitability.
Radiant Logistics announced its seventh acquisition in the past year on Wednesday, acquiring operating partner Focus Logistics.
