Former truck drivers and employees of Falcon Transport of Youngtown, Ohio, admit there were warning signs that the company was experiencing financial problems, but few said they expected the company to cease operations abruptly on Saturday, April 27, stranding truckers hauling loads without working fuel cards or further instructions.
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The expanded Neopanamax locks of the Panama Canal, which debuted in June 2016, have been a boon for many shipping sectors, but they were specifically designed with container shipping in mind. Lock capacity is measured in twenty-foot-equivalent units (TEU).
Donald Broughton, FreightWaves’ chief market strategist, explains the problems he has with surveys based on ‘sentiment’ – except for the Institute for Supply Management survey. Read why he believes in its results.
Convoy is looking to help owner-operators and small fleets get access to drop-and-hook freight with a nationwide rollout of Convoy Go.
J.B. Hunt blames its earnings and revenue shortfall on weak intermodal freight volumes, harsh winter weather and concerns about possible tariffs on Chinese imports in its first quarter earnings report on April 15.
Marten Transport posted its best-ever first-quarter operating revenue, operating income and net income in the company’s 74-year history in the first quarter of 2019, the company said in its April 16 earnings release.
Ancra has introduced automated decking, which adjusts itself up and down the trailer based on keypad inputs from the user, eliminating the need to manually adjust support beams.
Uber released its S-1 filing after the market close, placing in on track to go public with its anticipated May IPO.
E-commerce has changed consumer buying habits, but it has also changed the supply chain for less-than-truckload carriers, who have had to adapt in various ways to keep pace.
Birmingham, Alabama-based McLeod Software has launched its new TopMatch technology, aimed at digitally pairing brokers and logistics providers with the best carriers to haul their freight.
KeepTruckin has announced plans to launch a first-of-its-kind load-matching platform that uses data collected from its electronic logging devices, or ELDs, to help match small-business carriers with available freight.
On April 4 , President Trump said he is giving Mexico a “one-year warning” before closing the southern border. This is an overview of what a closed border might look like.
Air cargo volume is down year-to-date. Learn what air cargo companies are doing – and not doing – to generate greater volume and revenue.
Freight levels have dropped from last year, but panelists at the ACT Research conference this week said they have simply returned to more normal levels.
On a call with freight procurement intelligence company, Beroe, Inc., the firm discusses its outlook for global road freight growth of 4 to 5 percent.
The BiTA Standards Council has ratified the Alliance’s first data standard in record time. Read about the standard and the foundational framework endorsed by the Council.
Bendix is now making its advanced safety systems available for retrofit for models where it was not factory-installed. Plus, U.S. finds little support for postal rate changes, detention time increasing and air cargo boom may be over.
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