Q4 earnings season has the potential to reveal actual progress and results for freight transportation companies, according to recent Morgan Stanley research.
Severe winter weather and strong restaurant performance are keeping reefer hot.
2024 was another brutal year for trucking companies and freight brokerages. Thousands of firms called it quits, sought bankruptcy protection or both. Fraud-related stories also dominated the headlines. FreightWaves looks back at some of the year’s key stories.
Due to the difficult cycles of the freight market, many small and midsize trucking companies have limited credit history and face challenges financing commercial trucks when business opportunities arise. Dale Delmege of Commercial Credit Group discusses the importance of an independent finance company that knows the trucking industry.
UPS makes acquisitions to bolster the health care segment of its business.
AIT Worldwide Logistics has acquired Krupp Trucking LLC, a St. Louis-based freight forwarder with 60 trucks.
In this edition: The FMCSA broker transparency rule comment period is almost up, and Mexico gets bushels of corn.
As the market continues to improve, fleets should refocus their efforts on recruiting and retaining quality drivers.
As cargo theft continues to rise, brokers look for solutions to secure their operations. TrueHauler, a browser-based platform, relies on geofencing and photo verification to ensure drivers follow through with security protocols and verify their identity on pickup and delivery.
RBX Inc. and its affiliate, Humper Equipment, of Strafford, Missouri, filed suit against Paccar Financial Inc. of Bellevue, Washington. They are asking a Missouri bankruptcy judge to force Paccar to turn over 28 Kenworth and Peterbilt tractors it repossessed in late November amid an ongoing engine performance dispute with the global commercial truck financing company and its subsidiary, Paccar Engine Co.
This week in Borderlands: US wins multibillion-dollar cross-border corn dispute with Mexico; China-based carrier launches new ship for Mexico trade route; Volkswagen moves Golf vehicle manufacturing to Mexico; and Parts Town opens Phoenix area distribution center.
This legal battle began in May 2020 when Omnitracs accused Platform Science of stealing its intellectual property.
The year’s five biggest U.S.-Canada cross-border supply chain stories include Pride Group’s bankruptcy, as well as railway and port strikes.
This week the industry gets advice on cybersecurity strategies for 2025.
In an industry where razor-thin margins and high operational costs are the norm, insurance cost and quality can play a pivotal role in determining a company’s financial stability.
Instead of focusing on overall miles per gallon, True Fuel monitors specific driver behaviors that are proven to impact fuel economy.
Spending exceeded expectations, sending tender rejections higher than they’ve been in years.
In this edition: Predictions for 2025, and import fees rise for Asia in Mexico.
This week in Borderlands: Mexican government aims to regulate Asian e-commerce imports; Emerson Electric plans $22.5M factory in Chihuahua; Chinese firm plans $20M machinery factory in Mexico; and Investment firm constructing logistics center in Laredo, Texas.
In this edition: SeaCube and GreenSee end the year with a collaboration, and the NX group and Tive partner for tracking.
