Port Laredo and the Port of El Paso reported declines in total trade volumes for the first six months of 2019, compared to the same period last year. Laredo’s trade with the world fell slightly – 0.39 percent – from $116.6 billion to $116.15 billion through the first six months of 2019, according to WorldCity […]
Arkansas-based PKE Western Truck Leasing, Inc. filed a $37 million lawsuit against Rich Transport, LLC and its parent company, RoadRunner Transportation Systems (NYSE: RRTS), alleging breach of contract.
Rates could break out either to the upside or downside.
This week we step inside the world of freight futures trading with K-Ratio’s Kyle Lintner. Learn how you can hedge your bets against a volatile trucking rate market. Subscribe now on Apple Podcasts, Spotify, Stitcher and everywhere podcasts are heard around the world. More episodes of FreightWaves Insiders
Kottke Trucking, an interstate company focused on refrigerated and dry van transportation, recently acquired Davenport, Florida-based Wayne T. Fellows, which specializes in refrigerated less-than-truckload and truckload hauling. With the acquisition, Kottke, headquartered in Buffalo Lake, Minnesota, will add 43 truck drivers and 22 non-driving positions. “This opportunity allows us to be a full-service provider to […]
When Mack Trucks set out to design the Anthem, it turned to drivers for input. The result is a Class 8 tractor that is both comfortable and functional, providing all the benefits of an aerodynamic over-the-road tractor in a Classic Mack.
Empty miles are a billion-dollar problem for trucking fleets, but are they more of a problem than they were in 2002? Recent headlines indicate they may be, but they may not tell the true story.
Carriers waiting to implement ELDs until the last minute run the risk of hardware shortages, training slowdowns and fines on the highway.
Starting today, shippers using MercuryGate’s transportation management system (TMS) will have access to Uber Freight’s network of carriers, guaranteed capacity and real-time market rates, MercuryGate announced this morning. “Shippers need reliable information to drive speed and efficiency in their 24/7 operations,” said MercuryGate president and chief executive officer Joe Juliano in a statement. “By tapping […]
Two mega-retailers partnerships signal an inflection point in the visibility market.
Logistics startup Rivigo has introduced the National Freight Index in India, which will allow users to access individual lane level information in 1,500 locations across the country.
Transplace finds a disparity in consumer goods trade leads to large spread between north and southbound traffic – and a Canada backhaul “tax.”
As with other industries. the transportation and logistics industry is undergoing a digital transformation. The advent of the cloud and the adoption of new mobile and digital technologies has us in uncharted digital territory.
Technology has helped smaller fleets band together to take advantage of discounts, real-time telematics and find loads through digital freight matching platforms.
American Trucking Associations annual Trucking Trends report shows nearly $800 billion flowed into industry, 13.8 percent increase.
Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.
Saia Inc. (NASDAQ: SAIA) reported that its revenues and operating income were up in the second quarter of 2019. Headquartered in Johns Creek, Georgia, the less-than-truckload (LTL) carrier reported an 8.3 percent increase in revenue to $464.2 million and a 23.1 percent jump in its operating revenue to $51.2 million in the second quarter. Saia, […]
Innocent third parties who get caught up in Australia with illegal drug logistics, such as employers and transport operators, do not appear to fear the threat of having their property seized by the authorities.
Another motor carrier has fallen victim to this year’s freight recession as Terrill Transportation Inc. of Livermore, California, abruptly ceased operations on July 30.
Idle-reduction technology is still not being used by all fleets, despite laws and clear benefits of such systems.
