Freight

When it comes to cookies, who doesn't love them? Not all cookies are edible, though, and it is those nonedible ones that consumers have become frustrated with. As the push for greater online privacy has grown, regulations around the world have cropped up that put restrictions on how much consumer...

Companies are making net-zero emissions targets right and left. Some say they are already carbon neutral or net-zero, but until Thursday, there was no global standard for setting credible net-zero targets backed by climate science.  The Science Based Targets initiative's (SBTi) net-zero emissions...

Adam Kahn, president of Netradyne's commercial fleet team, joins this episode of Great Quarter, Guys to lay out the company's method of driver training through positive reinforcement and digital engagement. Kahn believes technology can fill a vital role in driver coaching and performance...

In a stark reminder of the unprecedented tightness gripping U.S. logistics warehousing, California's Inland Empire, the country's largest and most important warehouse and distribution center, had a vacancy rate of 0.7% as of the end of the third quarter, according to data published Friday by real...

Launch costs associated with a new business win at an auto manufacturer's facility pulled down Universal Logistics Holdings' third-quarter results. The Warren, Michigan-based asset-light transportation and logistics provider recorded a $7.1 million loss on the new piece of business in the period,...

Port congestion and a lack of capacity have many shippers feeling uneasy. When times are tough, it's best to have a team that has your back. Julie Colona, director of forwarding solutions and NVOCC at UniGroup, believes while it's not always easy, there is a solution for every logistics...

Daimler Truck is awash in orders it cannot fill for new trucks because of a shortage of semiconductors and other hard-to-get parts and components. In its last quarter as part of the Daimler AG (OTC: DDAIF) group that includes Mercedes-Benz cars and vans, the Truck and Bus Group reported...

The surprise decision by the ports of Los Angeles and Long Beach this week to impose hefty surcharges on ocean carriers that take too long removing containers from overcrowded terminals has raised more questions than answers. Freight industry professionals — and the Federal Maritime Commission —...

Historically, large shippers have outperformed small and midsize shippers in terms of technological advancement and digital offerings due to their long-standing partnerships with legacy tech companies. As more technology providers enter the logistics space, however, these same types of technology...

An early-stage FreightTech founder recently asked me if the sudden interest in supply chain technology would slow anytime soon. My answer was a simple "no."  2021 is the "Lehman moment" for supply chains. FinTech reached escape velocity after the 2008-09 financial crisis and supply chain tech is...

This week, we look at insuring hydrogen fuel cell trucks, Nikola's patent infringement case against Tesla — is there still a case to make? — and Volvo Construction Equipment and LEGO: They're at it again, but this time, it's the toy inspiring the real vehicle. A hydrogen conundrum At critical...

TFI International plans to close four former UPS Freight terminals in December as the Canadian company works to bring down costs and optimize its U.S. LTL network, CEO Alain Bédard told financial analysts on Friday. The terminals don't handle enough shipments to justify their continued operation,...

This peak season, companies across the supply chain can expect to see the same challenges they have faced all year — namely strained capacity — intensify. Strong consumer demand, coupled with labor shortages throughout the logistics industry, is a recipe for frustration and imbalance. Many of the...

Third-party logistics company Hub Group sees market conditions supporting inventory imbalances to persist through much of 2022, executives said during Hub Group's third-quarter 2021 earnings call late Thursday. "Strong demand continues as inventory-to-sales ratios are at near all-time lows while...

Echo Global Logistics may be about to be acquired by The Jordan Co., but it is going to be Echo's name on a pair of newly rated debt instruments to be issued as part of the acquisition. Echo (NASDAQ: ECHO) and the new debt offering as part of the merger were given what amounts to a pair of mirror-...