Trucking News

GenLogs, a technology provider aiming to help US brokers track trucks, uses a network of roadside sensors to passively collect truckload carrier locations.

Brokers looking to tap into the booming US-Mexico trade now have a tool to serve shipper requests to handle cross-border truckload moves.

Cutting terminals as freight volume drops, FedEx Freight is positioning itself for growth and a possible separation from its parcel carrier parent company in 2025.

Higher-than-expected retail sales in stores and online last month helped increase truckload shipments, but excess capacity is keeping rates in a holding pattern.

An analysis of quarterly and monthly Labor Department data puts trucking employment at 2019 levels, and that could signal a quicker change in capacity if freight increases.

A soft freight economy and improved shipper scheduling and loading procedures are contributing to a decline in driver detention time, the American Transportation Research Institute says in a new study.

Shipper-paid spot truckload rates out of Southern California rose 6 cents per mile in August from July, despite the national shipper-paid spot rate average falling 6 cents during the same period.

The latest year-over-year comparisons are clearing up LTL market distortions caused by Yellow’s failure and revealing weak demand, but tight capacity is pushing up rates.

The ocean shipping line is the latest to plant a stake in a key manufacturing region along the US-Mexico border.

Post-Labor Day retail demand is tightening capacity in key distribution markets, but overall demand is depressed, partly because of a slowdown in manufacturing.

Investors have put $6.3 million into a startup aiming to provide a procurement and transportation management software alternative to enterprise-focused solutions.

The possible sale of DHL Freight’s US regional LTL arm to Jack Cooper would be the latest in a series of acquisitions aimed at building larger LTL networks.

Reduced overall capacity, higher pricing and more dense and efficient networks are defining characteristics of the post-Yellow LTL market.

The BlueGrace Logistics Confidence Index shows an uptick in negative sentiment about revenue and orders in late 2024, despite gains in freight volume this summer.

It may take a week or more for the trucking disruption caused by last week’s brief Canadian rail stoppage to stabilize and for long-haul intra-Canada spot rates to drop.

Private fleets owned by shippers are increasingly hauling freight once moved by for-hire carriers, and those truck counts are expected to keep expanding, according to an industry survey.

The wave of cargo thefts hitting the US and Canada grew rapidly in the first half of the year as criminals became more sophisticated, a study from risk management firm Overhaul shows.

There’s not enough truck capacity to haul the volume carried by CN and CPKC in Canada, and that’s causing a dislocation of truck supply across the country and on the US border.

Most of Freightos’ traction in air and ocean freight procurement has centered around spot pricing, but the purchase of Shipsta will give it access to contract data from enterprise shippers.

Disruption to inland supply lanes and the location of truck capacity would be possible if rail and port strike threats prove real, analysts told a Journal of Commerce webcast.

Producer price indexes and the Cass Freight Index show slight increases in truck pricing and volumes in July, but not a rapid turnaround.

Despite the nearly $140 billion invested in logistics startups globally from 2012 through 2023, most of the industry’s major inefficiencies remain and the underlying structure of the industry has hardly changed.

Some non-asset logistics providers are adding LTL volume and revenue as truckload brokerage keeps declining. 

Economic indicators and mid-year reports show contract truckload rates still trending downward, with a truckload recovery proving to be slow going.

The intermodal logistics provider said it will change its business model as state and federal laws make it more difficult to classify drivers as independent contractors.

Large truckload providers have been jettisoning trucks at an historic pace in an imbalanced market, but they are making more efficient use of their remaining trucks.

Large LTL trucking companies including XPO, Saia, ODFL and Knight-Swift are increasing volumes by diversifying and going deeper into shipper supply chains as they add customers.

Uber Freight is managing a growing internal LTL network within Canada and cross-border trade, and others are looking for ways to create “alternative” LTL services.

The takeover of Los Angeles-based Dependable Highway Express (DHE) allows Knight-Swift to reach 70% of the US population with its LTL services.

The sale of European Surface Transportation to German-based brokerage sennder is part of a drive to strengthen operations that C.H. Robinson considers core to its business.

Saia, Knight-Swift and other LTL carriers are moving ahead with plans to open terminals once owned by bankrupt Yellow, despite higher costs.

The return of seasonality, tender rejections and an end to discounting all hint at a coming uptick in truckload demand in the second half of the year and higher rates next year, the largest US truckload operator says.

More business from logistics partners and retailers helped increase daily shipment count for the second-largest US LTL provider, but year-over-year comps are about to get tougher.

Shrinking inventories have helped drive up warehouse vacancy rates and decreased utilization, but signs that demand is building point to a tightening market.

Carriers such as J.B. Hunt Transport Services are pressing shippers for more detailed forecasts as they look to realign capacity and demand. 

The third-largest US less-than-truckload provider is expanding its service centers along the US-Mexico border, anticipating an increase in northbound industrial freight. 

Pitt Ohio is the latest LTL carrier to announce additional next-day lanes as the redistribution of former Yellow terminals creates opportunities to speed freight.

Demand fundamentals do not signal a substantial uptick in trucking volumes for the second half of the year, meaning a strong bull market pricing cycle will have to wait, writes analyst Jason Miller.

The company believes shippers will benefit from a payments network it has created to help brokers and carriers bill shippers accurately before an invoice is sent out.

Speakers at the SMC3 Connections Conference this week warned that US truckload pricing will rise slowly heading toward 2025, although others expect a faster move.