Ramaswamy advocates trucker-friendly policy at Iowa 80

Vivek Ramaswamy, a Republican presidential candidate, wants to address truck driver retention, broker fraud and parking. 

Longshore union blasts Trump tariffs, warns of massive job losses

The International Longshore and Warehouse Union on Monday blasted President Trump’s trade war with China, saying tariffs will cause massive job losses and devastate working-class families.

Why I believe a freight recession is imminent

FreightWaves Founder and CEO Craig Fuller provides further analysis regarding the decline in the freight market.

Yellow ceases operations

Less-than-truckload carrier Yellow Corp. closed its gates at 12 p.m. Sunday.

DOT will crack down on non-domiciled CDL holders

The Trump administration has launched a sweeping package of initiatives affecting trucking that includes investigating fraudulent CDLs, money for parking, and work-hour flexibility.

Mass layoffs in trucking and retail coming - Apollo

Apollo Global Management has a grim warning for the trucking industry: a recession is coming and its bringing mass layoffs.

Box shipment trends their worst since depths of Great Financial Crisis

U.S. box shipments are declining at their fastest rate since the worst of the Great Financial Crisis, according to this large manufacturer.

Increased consumer spending not enough to end trucking bloodbath

After the Great Shopping Spree of 2021, tens of thousands of truck companies will have to shut down to restabilize the industry.

UPS sells Coyote to RXO

UPS announces it plans to sell its brokerage business to RXO.

More than 7,000 truckers reportedly sidelined for English proficiency violations

Transportation Secretary said on Thursday that 7,248 truck drivers have been placed out of service for failing English proficiency tests.

UPS pilots won’t fly if Teamsters strike

Union pilots at UPS are ready to show solidarity with Teamsters workers if there is a strike, which would ground UPS Airlines.

Texas trucking company, brokerage file for Chapter 11 bankruptcy

Balkan Express and its affiliate brokerage filed for Chapter 11 protection citing debts of $25 million.

California carrier and freight brokerage ceasing operations, blames AB5

Family-owned trucking company and brokerage California Intermodal Associates Inc. is ceasing operations after nearly 25 years and blames the state’s independent contractor law.

Freight broker Surge Transportation files for Chapter 11 bankruptcy

Surge is the largest broker to restructure in recent memory.

Abrupt layoffs center of lawsuit against Yellow

A Yellow employee has filed a class-action lawsuit over the company’s failure to provide advance notices of mass layoffs.

Incentives could shave 70% off price of Nikola fuel cell truck

A $240,000 incentive from California plus other subsidies could bring parity between a Nikola fuel cell truck and a diesel rig.

Will the bullwhip do the Fed's job on inflation?

As inventories surge and bottlenecks ease in the supply chain — thanks to the bullwhip effect — is deflation coming next?

Seven questions with high-flying Hyliion’s CEO

At 28, Hyliion founder and CEO Thomas Healy is planning 15,000 global sales of his hybrid-electric powertrain systems for Class 8 trucks by 2024. A serial entrepreneur, Healy spoke with FreightWaves...

Nikola sets Arizona plant groundbreaking for July 23

Nikola will break ground July 23 for an Arizona plant that will hire 2,000 workers to assemble battery-electric Class 8 trucks before moving on to hydrogen fuel cell models.

J.B. Hunt's acquisition of Walmart’s intermodal fleet part of long-term agreement

J.B. Hunt said Thursday it will buy Walmart’s intermodal assets and that the two companies entered a multiyear agreement that will bring more shipments to J.B. Hunt’s network.

Volvo, Mack replacing batteries on electric trucks because of fire risk

Most Volvo and Mack electric trucks built since 2019 will get new batteries because of a fire risk caused by loose material in the batteries.

Hyliion’s secret sauce isn’t electricity, it’s managing its use

The conversion of natural gas to electricity is not the secret sauce for Hyliion’s drivelines for heavy-duty hybrid trucks. It’s the software that efficiently manages the power.

FedEx to shut down 29 more aircraft as demand shrinks

FedEx is downsizing its fleet again during the next 12 months to match weak international and domestic package shipping demand, and save money.

ELD loopholes fueling fraud, driving good carriers out of business, experts warn

Manipulation of electronic logging devices is creating a two-tier trucking market — where some carriers follow hours-of-service rules and others bypass them to run nearly double the miles per week,...

Watchdog: FMCSA’s oversight of Mexican carriers needs work

DOT watchdog recommends FMCSA clamp down on foreign carrier safety oversight.

Fear of high premiums keeps cargo theft underreported

A new ATRI survey reveals that most cargo thefts are not reported to insurers, prompting trucking companies to hide losses.

Tariff ceasefire powers Long Beach container surge

Amid fears that tariffs and frontloading would slow the peak shipping season, new data from a bellwether U.S. import gateway shows otherwise. 

Truckers push FMCSA to make brokers pay for detention time

Truck drivers are pressing regulators to require brokers to pay them for time lost waiting to pick up or drop off loads.

Yellow loses attempt to stop strike

A Kansas judge on Friday denied Yellow Corp.’s request to halt a strike by the Teamsters, which the company says will force it into bankruptcy.

FMCSA advisory panel targets predatory leasing contracts

The first meeting of FMCSA’s Truck Leasing Task Force has put lease-purchase agreements under more intense scrutiny.

Pamt Corp. books another loss in Q3

Truckload carrier Pamt Corp. booked its fourth consecutive net loss in the third quarter.

92-year-old Texas trucking company files for bankruptcy liquidation

A 92-year-old trucking company, Arnold Transportation Services of Grand Prairie, Texas, ceased operations recently and filed for Chapter 7 bankruptcy liquidation.

Transportation prices fall at fastest-ever pace in May

The Logistics Managers’ Index registered contraction for the first time ever in May as transportation-related metrics weighed heavily on the data set.

Truckload supply and demand on collision course in 2024

The data does suggest that the supply of capacity and demand for its use is moving back toward equilibrium at a relatively fast clip.

Kal Freight's bankruptcy reveals massive fraud accusations

In a stunning turn of events, California-based trucking company Kal Freight Inc. has filed for Chapter 11 bankruptcy protection, unveiling a web of fraudulent activities that have sent shockwaves...

Yellow shops 3PL unit; negotiations with Teamsters yield nothing

On Thursday, Yellow Corp. said it is seeking a buyer for its logistics business and the union said negotiations have been fruitless.

160-truck carrier closes after nearly 50 years of operation

A family-owned and -operated Florida trucking company has announced it will close after 44 years in business.

Yellow files for bankruptcy

Less-than-truckload carrier Yellow Corp. on Sunday filed for bankruptcy, putting to end the 99-year-old trucking firm.

Heartland Express sees no demand uptick in Q2

Truckload carrier Heartland Express reported worse-than-expected second-quarter results on Monday.

Teamsters notified Yellow filing bankruptcy

The Teamsters union said late Sunday it received a legal notice that Yellow Corp. will be filing bankruptcy.

ArcBest transitions ahead of potential LTL capacity shake-up

ArcBest reported an earnings miss Friday but that may not matter as its less-than-truckload unit is quickly taking on volume as a competitor winds down.

Nikola surpassess 200 orders for hydrogen fuel cell trucks

Years before it ever built a fuel cell truck, Nikola claimed it had 14,000 reservations. But 202 orders is a good sign nonetheless.

DHL to close Southern California warehouse, lay off 346 workers

DHL’s supply chain unit says it plans to close a distribution center in Ontario, California.

What will 2025 mean for your regulatory risk?

Next year is expected to be a transformative one for carriers.

Truckload capacity flips from unsustainably tight to unsustainably loose

What do historically low rejection rates mean for the truckload industry?

US carriers illegally hiring foreign truck drivers to haul loads, sources say

Trucking companies in the United States are violating cabotage rules by misusing Mexico-based B-1 visa drivers, allege stakeholders in Texas.

Over 1,300 layoffs hit logistics companies across US

More than 1,300 layoffs hit freight-related companies in Texas, Florida, Illinois, Michigan and Georgia over the past two weeks.

Annual LTL GRIs slightly ahead of schedule

Old Dominion Freight Line was the latest less-than-truckload carrier to announce an early general rate increase for the new year.

Landstar not ready to call market bottom

Truck broker Landstar issued worse-than-expected third-quarter guidance Thursday and said most metrics are still underperforming normal seasonal trends.

Trucking bloodbath snares fleets large and small

Thousands of small truckers are shutting down, while megafleets are reporting losses in the millions.

Norfolk Southern reaches sick leave agreements with 100% of craft workforce

Norfolk Southern and yardmasters affiliated with SMART-TD have struck a tentative deal on sick leave.

Teamsters not ‘bailing out’ Yellow again, unmoved by carrier’s finances

The latest exchange between the Teamsters union and Yellow Corp. suggests the carrier is running out of time and money.

10 Roads Express lays off 66 employees in Texas

Trucking company 10 Roads Express has laid off 66 workers at its facility in Fort Worth, Texas. 10 Roads Express lays off 66 employees in Texas

FedEx dumps 40 flights, grounds aircraft as shipping demand wanes

FedEx’s airline unit is taking down many flights to save money as it scrambles to counter a steep decline in shipping revenue.

Major trucking companies seek exemption for driver trainers

Federal rules on driver instructor background requirements are hampering carriers’ ability to staff trainers, according to companies.

US opening investigation into container shipping choke points

The Federal Maritime Commission wants to know whether foreign countries and their shipping companies are causing supply chain constraints around the world.

Ocean carriers steadily losing pricing power in trans-Pacific

Ocean carriers are steadily losing pricing power on the trans-Pacific as China to U.S. demand peaks for the second half of 2023.

Yellow’s tonnage remains in free fall

Less-than-truckload carrier Yellow reported another large drop in volumes Friday after the market closed.

Illinois trucking company with 480 drivers abruptly ceases operations 

An Illinois-based trucking and logistics company that contracted with the U.S. Postal Service to haul mail and had more than 480 drivers ceased operations abruptly Thursday, according to sources...

For freight companies, this year’s peak will be weak

FreightWaves founder and CEO Craig Fuller provides insight into 2022's peak season.

The U.S. has borne the Jones Act long enough

Yellow reported to be nearing deal for bankruptcy loan

Less-than-truckload carrier Yellow Corp. is reported to be close to a deal with one of its current lenders to obtain debtor-in-possession financing to facilitate a bankruptcy.

Maersk urges container pickup ahead of potential port strike

Maersk this week called on shippers to clear out laden containers ahead of a possible strike by union longshore workers at East and Gulf Coast ports.

3rd Nikola battery-electric truck catches fire

A third Nikola battery-electric truck burst into flames inside a lithium supplier’s building, but the company says recalled trucks are still safe to drive.

Hundreds of truckers protest AB5 at Southern California's busiest ports

Some California truckers turned off their trucks, blocked terminals or staged slow rolls to snarl traffic around the ports of Los Angeles and Long Beach Wednesday to express frustration over a...

Nikola matures as an electric truck manufacturer

Negative headlines about Nikola Corp.’s finances raise justifiable concern. Visiting its electric truck plant tells a different story.

FedEx explores divestment of Freight business

Parcel analyst Satish Jindel predicts FedEx will opt later this year to spin off the Freight unit to the public market.

Old Dominion ups ante with $1.5B bid on Yellow’s terminals

A court filing shows that Old Dominion swooped in at the last minute, entering a base bid of $1.5 billion for now-defunct Yellow’s terminals.

Yellow is ceasing 'regular operations' on Friday

Yellow told nonunion employees that all locations are shutting down or seeing layoffs. The trucking company said regular operations cease Friday.

Has the freight bubble burst?

There are some positive signs that the freight market has cleared most of the post-pandemic rubble, but full recovery is still a ways off.

Wabash National hit with $462M verdict in trailer equipment case

A St. Louis jury award in favor of crash-victim families could stir public awareness for truck trailer safety regulations.

40-year-old Montana trucking company, freight brokerage shutters operations

A 40-year-old Montana trucking company and freight brokerage has shuttered operations, leaving nearly 275 truck drivers and office personnel without jobs.