Freight

Canadian railway CN is delving into two sustainability initiatives that seek to reduce greenhouse gas emissions from a locomotive's power sources. First, CN (NYSE: CNI) and Wabtec (NYSE: WAB) announced Thursday that CN has purchased Wabtec's FLXdrive battery-electric locomotive. CN plans to...

To view more FreightWaves infographics, click here. Image by Hands off my tags! Michael Gaida from Pixabay

Nikola Corp. set aside $125 million to potentially settle a Securities and Exchange Commission complaint but will seek to get indicted founder Trevor Milton to reimburse the civil penalty and other costs. The startup electric truck maker is awaiting full SEC approval of the settlement, which...

Home furniture marketplace Wayfair posted a mixed Q3 2021 earnings report on Thursday, beating consensus analyst estimates on adjusted earnings per share while missing on revenue. The e-commerce firm reported revenue of $3.1 billion, down 18.7% year-over-year from Q3 2020's $3.8 billion. The...

There is no exemption for trucking in the proposed federal mandate governing vaccination. The rule was "pre-published" Thursday morning by the Biden administration. Trucking industry organizations had called for the sector to be exempted.  The Occupational Safety and Health Administration...

Global commercial fuel card and business payments company Fleetcor Technologies Inc. (NYSE: FLT) on Wednesday reported total revenue for the third quarter grew 29% year-over-year to nearly $756 million. Net income increased to $234 million for the quarter, a 24% year-over-year rise. After record...

The Surface Transportation Board has granted Sanimax's request to partially revoke commodity exemptions and allow a service case against Union Pacific to proceed. The decision, announced Tuesday, also denies UP's (NYSE: UNP) request to dismiss the complaint and it sets a procedural schedule. The...

The COVID-19 pandemic has flipped the script on what is expected of specialty logistics providers. But one such provider is primed for the task.  FreightWaves President George Abernathy chatted with Scott Kluesner, executive VP of operations at UniGroup Logistics, about the company's dedication...

To view more FreightWaves infographics, click here. Image by 123fotosweb from Pixabay

To learn more about FreightWaves SONAR, click here. Image by Pexels from Pixabay

Muted Class 8 truck orders in October were more about long lead times than soft orders. For the fourth month in the last five, preliminary tractor orders fell below 28,000 as manufacturers struggled to complete trucks missing semiconductors and a host of other parts, pushing 2021 orders into the...

The Surface Transportation Board has proposed a procedural schedule to consider the merger application of Canadian Pacific and Kansas City Southern.  The schedule places final brief to be due about eight months from the date CP (NYSE: CP) and KCS (NYSE: KSU) submitted their application, which was...

Ulta Beauty, the United States' third-largest beauty retailer by e-commerce sales, is now offering same-day delivery for select markets in partnership with DoorDash. The collaboration, announced by DoorDash on Tuesday, will enable the delivery of Ulta's more than 25,000 products to customers in...

This episode is brought to you by DDC FPO, DDC is a business process outsourcing provider that specializes in freight. Discover why today's top-rated LTL carriers rely on DDC FPO. Learn more at ddcfpo.com Andrew Cox welcomes his former co-host, Seth Holm, back to the Great Quarter, Guys stage...

Shipping strategy is not one-size-fits-all and parcel carriers should offer multiple solutions to fit shippers of all sizes. However, deciding what strategy works best for you can be difficult, but that is where companies like Sendle come in. Kaylee Nix sits down with Sendle Chief Logistics...