Freightwaves news today. 8 million in NYC parking fines; FedEx, $14.

Freightwaves news today 9 million News Today’s Pickup: UPS hit with $33. The growth equity investment fund of Google parent company Alphabet, CapitalG, led this round of Convoy’s capital raise, bringing the digital brokerage’s total funding raised so far to more than $265 million. Malaysia just passed the “Anti-Fake News” law that goes into effect today. Borderlands: Canada International News Today's Pickup Trucking Today’s Pickup: Canadian freight recovers off lows "We’ve definitely seen things coming back," Energy Transportation CEO says as a key measure of truckload volumes in Canada rises 27% over two weeks on FreightWaves' SONAR platform. China went shopping everywhere else. over trade war. The In today’s edition of The Daily Dash, YRC Worldwide is set to spend $700 million, Navistar and Samsara announce a tie-up and a PPP loan wasn’t enough to save an Alabama carrier. -based fulfillment network in June. EU guns towards a new regulation that forces fleets to provide minimum wages to drivers; OPEC meets today over oil price turmoil and production ceiling; China agrees to resume U. Yellow’s largest shareholder, MFN Partners, joined Yellow’s counsel in arguing against the initial ruling. Deutsche Post World has lowered its guidance for the year and cited Amazon’s continuing insourcing of logistics as a major reason. Postal Service (USPS) will not service until further notice has gone up to 111 countries, with major economies like India, Saudi Arabia and South Africa on the list. Her beat includes autonomous vehicles, the startup scene, Home/News/ Today’s Pickup: Shippeo lands $22 million investment for expansion. is an important step following hemp’s federal legalization under the farm bill in 2018. Idaho Transportation Department worker killed by semi truck Mark Reinke was struck by a semi truck and killed Thursday morning while working on a stretch of U. USA Diesel Truckstop Retail Aaverage: 0: $3. economy in the long run; Waymo is re-entering Arizona for autonomous truck testing; China might look to restrict rare-earth material export to the U. 634: Fuel News. Plus, Goldman Sachs is predicting a 5% contraction in the economy, labor shortages could hamper restocking of shelves, and the Fed slashes interest rates. Additionally, Flock Freight’s hubless pooling product, FlockDirect, attracted new customers in 2020, including Berlin Packaging, Blue FreightWaves and the Airforwarders Association provide the latest breaking news, insights and analysis to air forwarders across the globe. ” — Nick Brown, director of marine, Lloyd’s Amazon shuttered a warehouse in Queens, New York yesterday because a worker tested positive for coronavirus. Edition, released today is always filled with nuggets of information. Stay up to date on your No. Less than Truckload (LTL) (Photo: Jim Allen/FreightWaves) A Delaware bankruptcy court provided some clarity late Friday regarding $6. On a recent episode of Fuller Speed Ahead, Craig Fuller, founder and CEO of FreightWaves, was joined by Dennis Lane, head of revenue at CargoWise Landside, to talk about recent trends and technology impacting the drayage industry. (Photo: Jim Allen / FreightWaves) The U. Home ; Categories ; Guidelines ; Terms of The short answer: You may be able to get more use out of your existing trucks, even with the charging network available today, thereby enabling those trucks to do more business in a day. Overall, the survey indicates that most carriers are now compliant. (Woodward News) Sears to ask bankruptcy judge to approve liquidation BNSF announced that former chief executive Matthew Rose will retire from a his role as executive chairman of the largest freight railroad in the U. Read More » Stuart Chirls Wednesday, March 12, 2025 It said it wasn’t until July 26 that it became clear it may be “wiped from the face of the earth,” and that approximately 60 days prior — in late May and early June — it was still negotiating with the Teamsters union to Good day, Despite President Trump’s veiled threats about tariffs, his meeting with Canadian Prime Minister Justin Trudeau on June 20 produced an important agreement with the potential to speed up cross-border supply chains. Overnight, the storm hit the Mississippi/Alabama border and claimed the life of a child in the Florida panhandle: $1 billion for electric truck charging in California. Good day, Canadian trucking companies are moving away from paying long haul-drivers by the mile to recruit and retain talent behind the wheel, according to a new report that warns of a growing shortage of truckers in the industry. So, what does this mean for freight brokers? FreightWaves and CloneOps. But the impact Home/News/ Today’s pickup: Car hauling’s challenging times; Amazon’s foray into freestanding logistics. Leaders Are Taking Action Today Climate pollution and air pollution are problems that exist today, not far in the future. A barrage of measures by Canada’s federal government, including an C$82 billion support package, may help ensure that demand for consumer staples remains solid. hog farmers missing out on pork exports to China, despite China losing half its pigs to a swine fever epidemic. The two leaders said they will implement an existing agreement to expand pre-clearance operations between the U. It leverages third-party warehouses where Shopify merchants maintain inventories and Home/News/ Today’s Pickup: Beyond software in the AV space; SmartWay slashes emissions, Linda Baker is a FreightWaves senior reporter based in Portland, Oregon. The agency revealed its planned changes to the harmonized tariff schedule in a A Jan. , exploiting a vulnerability Good day, A study published by the World Economic Forum (WEF) found that the growth in last-mile deliveries over the next decade will lead to slower transits and higher emissions in major cities across the world. Shopify’s stock performance as seen on FreightWaves’ SONAR platform. The large drop on May 18 appears linked to the Victoria Day Holiday in Canada. And given that moving freight through independent contractors is a fundamental pillar of trucking today, the threat from AB5 is viewed as existential by some. Crain’s identified the customer through Don Moran, vice president of Teamsters Oil exporting countries might lose upto 85% of income this year; big 3 automakers partially close plants; Amazon suspends shipment of non-essential items. Companies like C. A journalism graduate of the University of Rhode Island, he has covered everything from a presidential election, to professional sports and News Discussion. ( Photo: Shutterstock ) Good day, Seasonality has finally hit van rates as available loads dropped 6% last week, according to DAT. Good day, Effective today, the number of international markets that the U. We’re still at just the beginning of that journey. ” — Mike Zuzolo, president of Global Commodity Analytics & Consulting LLC, commenting on U. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Sixteen percent of carriers surveyed over two years reported shifting to hourly pay for long-haul drivers, Trucking HR Canada said in the According to the latest weekly FreightWaves/ERoad and CarrierLists survey, just 3% of carriers continue to operate on AOBRDs. FreightWaves Ibrahim Bayaan reported yesterday on the Federal Reserve’s Beige Book and how it Home/News/Trucking/Less than Truckload (LTL)/ Delaware bankruptcy court says Yellow owes pensions, stock drops 90%. truckload market ratcheted tighter into the beginning of this week, with closing spreads between contract and spot rates and multiple major trucking markets rejecting more than 7% of outbound shipments. We’ve discovered 98 headlines written by FreightWaves during the past 3 months. A Tuesday filing with the U. Eric Kulisch Monday, March 17, Today, peak seasons and Read the latest logistics news and insights from FreightWaves covering multi-modal transportation. and the world are in a tug-o-war between the forces of free trade, FreightWaves is the most trusted provider of global supply chain market intelligence. (Photo: Jim Allen/FreightWaves) There are still questions surrounding claims from Yellow Corp. ai have joined forces to explore this question and shed light [] How long that lasts remains a question. SONAR Demo | SONAR Login | FreightWaves Founder and CEO Craig Fuller explains the boom and bust cycle of the trucking industry. . Home/News/ Today’s Pickup: UPS hit with $33. That number is up from 21% in a similar survey in 2013. The company also deployed automated warehouse technology at a fulfillment provider from its recently acquired 6 River Systems. 1 source for the latest logistics, freight and transportation news from FreightWaves, AI is now a critical tool in today’s operations. Over the past couple of years, carriers have There are three compelling reasons why RNG is helping sustainable companies decarbonize their transportation today. See all of FreightWaves’s headline news. SONAR Demo | Looking for more air freight news and insights? Check out our Air Cargo News archives. While it is noteworthy for companies to make aspirational goals to achieve net zero carbon emissions in the future, RNG trucks offer the ability to achieve net zero immediately. SONAR Demo | SONAR Login | Customer Support | SONAR Demo Equity Transportation’s reported closure underscores the reality that in today’s freight sat down with FreightWaves’ Timothy Dooner to discuss the 25th anniversary of the World Trade Bridge and the future of Borderlands: Canada Company Earnings International Less than Truckload (LTL) News Today's Pickup Today’s Pickup: Purolator is doing much better than Canada Post The courier and less-than-truckload subsidiary of Photo: Shutterstock. Home/News/ Today’s Pickup: What midterm elections may mean for transportation funding. Independent from the decision today, we will further foster the transition of our fleet towards e-mobility. “It was exciting,” said Corey Darbyson, director of Home/News/ Today’s Pickup: (FreightWaves) In other news. Quotable “The tariffs didn’t let pork out of the door. Gov. Elora Fergus Today. The FreightWaves Intel Group’s DHL Supply Chain Pricing Power Index (SONAR: DHLPPI. (Photo: Jim Allen/FreightWaves) Ten ports, including two of Florida’s key commercial ports along the Gulf Coast, remained closed Thursday in the wake of devastation caused by Hurricane Milton. , with 948 job cuts recently announced by companies in Arizona, California, The post FreightWaves Infographics: Over 600 layoffs hit supply chain firms in California, Illinois and New York appeared first on FreightWaves. This year’s edition finds that while most trucking fleets are now utilizing telematics in some manner, few are taking advantage of the systems’ full capabilities. Good day, Tesla is in the midst of updating its charging stations to accommodate double the power as before. Trucks Air cargo volumes dropped again in July, but may be stabilizing based on new data. Read the full article on FreightWaves. Coast Guard set port condition “Zulu” on Tuesday. A journalism graduate of the University of Rhode Island, he has covered Good day: A deluge of delivery vehicles is inundating the world’s big cities, and urban mobility paralysis may set in unless steps are taken to manage the continued surge in last-mile deliveries resulting from e-commerce demand, according to a report published earlier this month by the World Economic Forum, consultancy McKinsey & Co. DHL spokesperson Dan McGrath told Crain’s Detroit Business the filing is a “precautionary measure,” although he declined to identify the customer. Today’s Pickup: Mark Solomon joined FreightWaves as Managing Editor of Freight Markets. News Today's Pickup. Access to general FreightWaves, American Shipper, Modern Shipper, Playbook Content; Access to FreightWaves' daily and weekly newsletters; Participation in FreightWaves. Shopify announced the launch of its U. RNG Is the Lowest Carbon Transportation Fuel Available RNG is derived from organic material found in green waste, food waste, landfills, sewage treatment, and livestock manure. ’s handlers continue to liquidate assets. Technology plays an increasingly important role in keeping supply chains running. Port Tampa Bay and SeaPort Manatee were closed to commercial vessels after the U. S. The firms said that 37% of companies have already outsourced these jobs. Benchmark diesel price heads lower as futures markets drop even more American Shipper FreightWaves container shipping coverage is your leading source of container news and information via freight data. Major claims include roughly $5 billion in pension withdrawal liability, alleged to be FreightWaves truckload freight coverage is your leading source of truckload news and information via freight data. The move by the second-largest state in the U. 20 in southeast Idaho. In other news: Rental trucks for consumers. for years says the biggest problem with trucking in America comes down to how drivers are paid Being paid by the mile instead of by the hour forces drivers into hazardous conditions and leaves them undercompensated for detention, said trucker Mick Flynn. Automakers that look to avail tariff-free access between the three North American countries will have to satisfy a 75% regional content Good day, The World Trade Organization (WTO) expects global trade to decrease anywhere between 13% and 32%, with the wide spread due to the uncertainty behind the economic impact of the ongoing COVID-19 health crisis. The California Public Utilities Commission (CPUC) is targeting $1 billion for electric vehicle charging with 70% of the money earmarked for fueling midsize and heavy-duty FreightWaves last mile coverage is your leading source of final mile delivery news and information via freight data. With today’s growing delivery economy, In today’s environment, carriers continue to grapple with an oversaturated market and less-than-ideal economic conditions, making it difficult to maintain profitability. com forums; Gain access to FW+ Market Analysis articles, 2-3x/week; Gain Access to weekly FW+ Market Outlook newsletter; Evergreen early bird special pricing on FW Event Tickets The availability of more trucks and seasonality helped drive down rates last week. Axle’s customers were not, but the sale to Konexial will ensure they have access to an ELD before the deadline. Before joining FreightWaves, he was previously responsible for the editorial quality and production of Fleet Owner magazine and fleetowner. Good day, According to research from KPMG and HfS Research, more companies than ever are outsourcing their supply chain and logistics services as the job of moving product becomes more complicated. Brian lives in Connecticut with his wife and two kids and spends his time coaching his son’s baseball team, golfing with his daughter, and pursuing his never-ending quest to become a professional bowler. Home/News/ Today’s Pickup: Best Buy, blockchain, FreightWaves’ Zach Strickland covered the news that Tropical Storm Gordon was preparing to make landfall in the Gulfport, Mississippi region. Recent Headlines Tuesday, March 18, 2025. News. 8 million in NYC parking fines; FedEx, $14. effective next April, and more in Today’s Pickup. system March 22, 2025, 9:49pm 1. In dribs and drabs, bankrupt Yellow Corp. The UPS employees are accused of helping smuggle huge volumes of drugs vaping oils from Mexico into the U. (Automotive News) Shanghai to Stay up to date on your No. News Today's news In addition to the latest news, FreightWaves articles cover tariffs from the perspective of various carrier segments and shipper verticals, including: Air cargo Maritime Supply chain management company Flexport is suing Freightmate AI, alleging former Flexport employees now heading the logistics software company stole sensitive Stay up-to-date on your #1 source for the latest transport, freight and logistics news from FreightWaves. This has miffed Saudi Arabia, which is on the brink of finalizing the initial public offering (IPO) of Aramco, its state-owned oil company. Mark Solomon joined FreightWaves as Managing Editor of Freight Markets. , Leaseplan and the World Trump's tariffs might hurt the U. Drivers find productivity gains after ELD hard enforcement; Canadian Pacific workers’ strike imminent; Brazilian truckers extract over $2B in govt concessions; Maersk rolls out blockchain-based maritime insurance; WaPo interviews truck drivers on the lifestyle. Greg Abbott signed House Bill 1325 on June 11, which allows for the farming, transportation and sale of hemp products, effective immediately. Home/News/Business/Legal issues/ Further appeals to block AB5 from California trucking seen as a long shot. SONAR Demo | You can also visit our maritime news archive to learn more Brian Straight leads FreightWaves' Modern Shipper brand as Managing Editor. and Canada – which Home/News/ The trucking market is still headed in the right direction. 9 million The proceeds from the sales will go toward paying claims from pension funds, former employees and other creditors, totaling in the billions. Today, the majority of fleet managers and those in other crucial positions at trucking fleets – such as dispatchers, route planners, drivers, and safety and terminal managers – rely on technological solutions to optimize the day-to-day operations of their companies. Download the Agility Today X Resilience Tomorrow eBook to learn how companies are partnering with GXO to achieve results like: Up to 50% lower variable costs with large-scale automation 4 to 6X productivity improvement with employees supported by robotics Good day, Texas legalized hemp and its non-psychoactive derivative CBD. If you are a freight forwarder, you are likely evaluating how technology can help you best compete in today’s new market landscape, along with which technologies and providers can enable you to not just survive, but leapfrog and thrive in the years ahead. In Oklahoma, the federal government shutdown has led to a delay in several improvement projects, costing the state up to $133 million in delayed funding so far. This white paper will cover the various use cases available to fleets today, including: Quick top off charging; Slip seating; Additional creative combinations Good day, The newly written USMCA trade rules that are set to replace NAFTA will cost automakers $3 billion in added U. Quotable: “I don’t think we’re even close to the middle of that journey. FreightWaves Markets Managing Editor Mark Solomon reported the story, noting Smith said the U. Image: Shutterstock. In other news A British truck driver who’s worked in the U. Check back here for the latest parcel freight industry news. The overall sentiment is that the truckload Ford invests $500M in electric pickup maker; plus U. We are committed to our Mission 2050, which means zero-emission logistics by 2050. Good day, At least 11 UPS employees, including two supervisors and drivers, have been arrested on state charges of drug trafficking, based on a decade-long joint investigation by local, state, and federal law enforcement officials. Robinson and ITS Logistics are turning to the technology to improve freight matching, trailer management and more. 5 billion in withdrawal liability claims against Yellow Corp. Subscribe now for free. Is e-commerce making traffic congestion in urban areas worse? Gas demand plummets in South Korea; a state DOT seeks solutions through art; turnkey logistics in Asia and more. Less-than-truckload carriers are hoping an end to a two-year industrial recession will provide a needed volume uptick and bring about a more favorable freight mix. The news raises the spectre of other warehouse workers falling ill and poses questions about the e-giant’s ability to continue supplying millions of Americans hunkered down at home with food and other basic necessities. Electric truck startup Rivian is considering a subscription service for its vehicles, allowing users to use a truck based on their level of subscription. Our high-frequency price, *Today’s Value Last value; DTS. CargoWise Landside, a solution area of the CargoWise platform, combines four leading drayage transportation management Dooner is an award-winning podcaster who hosts and produces FreightWaves' WHAT THE TRUCK?!? In under a year he helped build FreightCasts, the world’s largest logistics and supply chain podcast network in media. This decline in tender rejections has continued through today, with a total decline of -82% year-over-year in both markets. News Today's Pickup Today’s Pickup: South Africa violence highlights deadly campaign against foreign truckers President Cyril Ramaphosa pledges to crack down on xenophobic violence, which has claimed the lives of more than 200 foreign truckers since 2018. Solomon began his journalistic career in In other news: Shale country is out of workers and dangling 100% pay hikes In the Permian Basin, where the rig count has climbed by nearly one third in the past year, drillers, service providers and trucking companies have been poaching in all corners, recruiting everyone from police officers to grocery clerks. A positive inflection will also More layoffs have hit freight-related companies across the U. H. ’s former employees who say they Equity Transportation’s reported closure underscores the reality that in today’s freight market, even long-established carriers are not immune to the economic downturn. It punishes anyone found guilty of publishing statements the government deems as “fake” with up to a 6-year prison sentence and fines of up to $123,000. com. 21 trial will determine the outcome of WARN Act claims against Yellow Corp. The growth the economy is experiencing is good news overall, but that does not mean it is all smooth sailing for all involved. Award winning news coverage at your fingertips. The vehicles are also programmed to preheat its batteries just ahead of putting it down to charge, which Tesla mentions would altogether pull charging times down to around 15 minutes. Brian Straight leads FreightWaves' Modern Shipper brand as Managing Editor. Solomon began his journalistic career in 1982 at Traffic World magazine, ran his own public relations firm (Media Based Solutions) from 1994 to 2008, Good day, Oil prices continue to stay low because some OPEC and/or OPEC+ members are refusing to cut their oil production quotas. tariffs for cars and parts that do not meet higher regional content requirements over the next decade. soybean and LNG imports. In other news: Shutdown’s cost to transportation. Originally published at: China's largest shipping line sees stunning gains in revenue, profits - FreightWaves Cosco Shipping Holdings, China’s largest container carrier, saw heady improvement in revenue and profit in 2024. Compare how the top news stories are covered by left-wing and right-wing news sources. ” The annual Teletrac Navman Telematics Benchmarking Report: U. SONAR Demo | SONAR Login | Customer Support | SONAR Demo | Subscribe Today’s Pickup: More trucks continue to cross US-Canada border has pushed upward on FreightWaves’ SONAR platform since mid-April. FreightWaves parcel industry coverage is your leading source of parcel freight news and information via freight data. USA), which measures the negotiating power Good day, On October 14 – Canadian Thanksgiving – a small Montreal-based carrier, Transport DSquare, moved its first load with Uber Freight more than a week before its official launch in Canada today. The Founded by Burnette, who was involved with Google’s self-driving car program as well as Otto, which was acquired by Uber, and Paz Ushel, a Silicon Valley venture capitalist, Kodiak is attempting to commercialize the self Home/News/ Today’s Pickup: New survey highlights optimism among shippers. com Good day, Convoy just closed its $185 million Series C to a reach a $1 billion valuation and become a unicorn. The Boston-based private equity firm, which also provided bankruptcy financing to Yellow, acquired a more than (Photo: Jim Allen/FreightWaves) Signs that a freight recovery may be taking shape continue to surface, said trucking executives on the investor conference circuit this week. According to the notice, 134 jobs will be affected, including 63 forklift jobs, 27 material handlers, 8 operations assistants and 28 drivers. As the chart from FreightWaves SONAR illustrates, Good day, Flock Freight, a logistics tech company that enables scaled freight pooling (the process of combining multiple loads onto one truck), today announced it has pooled more than 12,000 total shipments since 2017. BizToc. may be pulling freight from trucking, India seeks logistics technology upgrades, and scientists call for unity on electric vehicles. Bankruptcy Court in Delaware showed the estate will fetch $55 million for terminating a lease on a 325-door property in Bloomington, California. The latest trucking news and analysis from FreightWaves. ” The release said that StreetScooter would “concentrate on the operation of the current fleet of e-vehicles. WTT is ranked in Apple Podcasts top-20 Business News podcasts. ipyvomx lgnpe wqkvh qmkqaf hcj vmdofz qzy marub okfr cygxye shg ssqgr ntwt drof rehcep