Freightwaves

The latest data shows a split in U.S. trucking volumes since the tariffs were announced early this month, with certain regions and sectors performing significantly better than the others. What Happened: On Sunday, Craig Fuller, the founder and CEO of FreightWaves Inc., a supply chain and logistics...

The U.S. truckload market is still soft, with accepted contract shipments running approximately 5.5% lower than the year-ago period, and loose, as only 5.5% of contract truckload tenders are being rejected by carriers. When market conditions are favorable to carriers, they reject more contracted...

Prime Day is Amazon's e-commerce anchor. Each year, the massive marketplace can count on Prime members spending billions of dollars during the event, which last year generated record sales of about $11.2 billion. Prime Day 2022, which begins Tuesday, is expected to top that high water mark once...

  The U.S. Chamber of Commerce is calling on President Joe Biden to help resolve a dispute between the country's Class 1 railroads and 12 rail unions to avert a possible rail strike beginning July 18. In a letter sent to the White House on Wednesday, U.S. Chamber President Suzanne Clark warned...

  For e-commerce brands that may own or lease warehouse space but lack the resources for full-fledged warehouse management systems, ShipBob has released a solution. Its Merchant Plus is a stand-alone warehouse management system (WMS) that helps these merchants benefit from a fulfillment...

  When you're the world's largest retailer, customers expect a premium delivery experience — without paying a premium. But being the biggest seller on the planet also comes with a few perks.  Walmart (NYSE: WMT) has a war chest of institutional funding at its disposal, and its massive scale...

Amazon has acquired a 2% stake in Grubhub, the North America-based subsidiary of European food delivery giant Just Eat Takeaway, the Amsterdam-based company announced Wednesday.  Shares of Just Eat (OCTUS: JTKWY) were trading up nearly 20% on the news Wednesday morning, while rival DoorDash's...

The conventional tools and practices used by shippers often leave them stuck in the day-to-day transactional way of contracting on a load-by-load basis, unable to connect outside their silos, and without the tools to properly engage in long-term planning to manage through market volatility. Today,...

  The second half of 2022 is underway, and freight rail stakeholders will be watching over the next several weeks and months how the railroads untangle service issues that seemed to be persisting through June, according to data submitted to the Surface Transportation Board from the four big U.S....

  Honor Foods announced Monday the expansion of its food service distribution network in the western United States through acquisition. The company's parent, Burris Logistics, acquired Los Angeles-based R.W. Zant, which specializes in the storage and distribution of meats and proteins. The...

According to a recent Bloomberg article, electric vehicles are taking off even faster than expected and "are eating into the transportation system and taking bigger bites every year." Soon, it predicted, the number of gas cars globally will start to shrink and could largely affect transportation,...

  The first major overhaul of regulations governing U.S. container trades since 1998 was easily approved by Congress on Monday and President Biden is expected to sign the bill into law shortly. By a vote of 369-42, the U.S. House of Representatives passed the Ocean Shipping Reform Act (OSRA) of...

Freight brokerage and logistics services provider LeeWay Services Inc. filed with the Securities and Exchange Commission on Monday to raise up to $17 million in an initial public offering. The Salt Lake City-based company said it plans to be listed on the Nasdaq but hasn't decided on a ticker yet...

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. LAKE BUENA VISTA, Fla. — As cargo thefts on the rails began picking up in the past few years, Microsoft used insights it had from risk management partner...

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Once a cost base for businesses, last-mile delivery has gradually transformed from an afterthought into a nearly $200 billion industry. Investors,...