One Walmart truck driver says he has 15 years left of working, and he intends to spend them hauling loads for Walmart. “Barring a lottery win or marrying a sugar mama, I don’t see myself going anywhere,” said the…
Digital-oriented freight forwarder Flexport has raised $260 million from e-commerce provider Shopify after a tumultuous year, giving the supply chain solutions provider a boost of confidence. Founder and CEO Ryan…
Nikola Corp.’s languishing share price prompted the Nasdaq to threaten the electric truck maker with delisting its stock for the second time in eight months. But don’t look for the company to panic. The quickest way to…
Chart of the Week: Outbound Tender Rejection Index – USA SONAR: OTRI.USA National tender rejection rates (OTRI) jumped back over 5% this week as winter weather impacted nearly every section of the U.S. While this…
Will 2024 bring a definitive end to the current freight recession? That’s certainly the hope of the freight market writ large. Many carriers and brokers hobbled through 2023, and those still operating are anxiously…
Think electric trucks are just a thing in California? Think again. The Golden State unsurprisingly leads in zero-emission truck (ZET) adoption. But other states move more battery-powered trucks in certain segments. A new…
A federal judge has sentenced a Las Vegas man to supervised release and six months of house arrest for his role in an embezzlement scheme to defraud the trucking company where he worked out of more than $112,000. Judge…
Management from J.B. Hunt Transport Services called out cost pressures on multiple fronts several times on a Thursday evening call with investors. Insurance costs were the most notable reason for a headline miss to…
Canadian authorities recently shut down two trucking companies in the Vancouver area in the aftermath of collisions with a vehicle tunnel and a highway sign. The suspension of carriers TSD Holdings Inc. and International…
The Haslam family is out of Pilot Travel Centers. The legal battle between the Haslams and Berkshire Hathaway (NYSE: BRK.B) over the travel centers’ valuation was settled last week, the truce announced the day the case…
WASHINGTON — Rampant fraud in trucking has become an $800 million problem and the Federal Motor Carrier Safety Administration is not addressing the problem, according to the lobby representing 3PLs and brokerage firms…
Hapag-Lloyd AG and A.P. Moller – Maersk (Maersk) have signed an agreement for a new long-term operational partnership. called The new ‘Gemini Cooperation’ between the two shipping giants is scheduled to commence in…
