News from the world of Trucking
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Ship OGRE Completes Acquisition of Brokerage and Transportation Sales
(2024-04-01)
Ship OGRE (OGRE), a pioneering force in brokerage and logistics technology, is proud to announce the successful acquisition and transformation of Brokerage and Transportation Sales, Inc. (BTS), a reputable Chicago-based third-party logistics provider.
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2 bodies recovered after Francis Scott Key Bridge collapse
(2024-03-28)
Divers recovered the bodies of two men who died when the Francis Scott Key Bridge collapsed early Tuesday morning after a cargo ship crashed into it. The post 2 bodies recovered after Francis Scott Key Bridge collapse appeared first on FreightWaves.
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YunExpress charters Atlas Air freighters for US e-commerce service
(2024-03-28)
Atlas Air is now providing two Boeing 777 freighters for the exclusive use of China-based YunExpress. The post YunExpress charters Atlas Air freighters for US e-commerce service appeared first on FreightWaves.
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FMCSA urged to factor electric trucks into detention study
(2024-03-28)
Regulations aimed at easing detention time burdens on truckers may need to take into account the Biden administration’s emissions policies, according to insurers. The post FMCSA urged to factor electric trucks into detention study appeared first on FreightWaves.
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Analysts lower truckload carriers’ earnings expectations ahead of Q1
(2024-03-28)
Ahead of Q1 earnings reports, analysts are adjusting their earnings expectations for truckload companies as excess capacity continues to weigh down pricing and margins. The post Analysts lower truckload carriers’ earnings expectations ahead of Q1 appeared first on FreightWaves.
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Barges Bringing Cranes to Baltimore to Help Remove Wreckage
(2024-03-28)
BALTIMORE — Massive barges carrying cranes streamed toward Baltimore on March 28 to begin the challenging work of removing metal and concrete in an attempt to open a key shipping route.
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Thriving on the challenge: Trucker of the Month Candace Marley
(2024-03-28)
A tenacious spirit has helped independent owner-operator Candace Marley thrive early in her owner-operator career, then survive...
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EVs Pass the Tipping Point to Mass Adoption in 31 Countries
(2024-03-28)
By the end of last year, 31 countries had surpassed what has become a pivotal EV tipping point: when 5% of new car sales are purely electric.
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Texas trucking company employee gets over 5 years for payroll fraud
(2024-03-28)
An administrative assistant at a Texas trucking company who ran a fraudulent pay scheme faces more than five years in prison. The post Texas trucking company employee gets over 5 years for payroll fraud appeared first on FreightWaves.
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Tesla Rethinks the Assembly Line
(2024-03-28)
Tesla Inc. has a plan to fend off cheaper competition from China with a $25,000 electric car. But first it has to overhaul a 100-year-old manufacturing process pioneered by Henry Ford.
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US Buys 2.8 Million Barrels of Oil for Strategic Reserve
(2024-03-28)
The U.S. purchased 2.8 million barrels of crude for the nation’s emergency oil cache as it seeks to replenish depleted supplies.
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Venture 53 invests in Heale Labs’ tokenization technology
(2024-03-28)
FreightTech investment firm Venture 53 says Heale “shares our vision for the future of the supply chain ecosystem.” The post Venture 53 invests in Heale Labs’ tokenization technology appeared first on FreightWaves.
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Home Depot Buys SRS Distribution in $18 Billion Deal
(2024-03-28)
Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion.
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Cargo companies start to reroute away from Montreal amid fears of port strike
(2024-03-28)
A major transport company has rerouted cargo away from the Port of Montreal over fears of a potential strike, prompting concerns that others may follow in its wake. Delmar International, […]
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Port of Baltimore’s indefinite closure deals blow to city, state economy
(2024-03-27)
The Port of Baltimore’s indefinite closure could cost the state of Maryland as much as $1 billion in total value of goods and services, analysts say. The post Port of Baltimore’s indefinite closure deals blow to city, state economy appeared first on FreightWaves.
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Yellow gets favored venue for hearing on $7.8B in pension liability claims
(2024-03-27)
A Delaware bankruptcy court overseeing Yellow’s liquidation said Wednesday it will hear the case regarding nearly $8 billion in pension withdrawal liability claims against the estate. The post Yellow gets favored venue for hearing on $7.8B in pension liability claims appeared first on FreightWaves.
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End-to-end visibility changes the game for shippers, carriers
(2024-03-27)
A holistic visibility tool goes beyond simply providing data, instead creating a pathway for companies to identify and mitigate risks proactively. The post End-to-end visibility changes the game for shippers, carriers appeared first on FreightWaves.
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B-1 drivers offer unique value proposition for cross-border carriers
(2024-03-27)
Despite their lack of performance documentation, B-1 drivers bring a unique value proposition to the table. The post B-1 drivers offer unique value proposition for cross-border carriers appeared first on FreightWaves.
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UPS to close 200 sort centers in modernization push
(2024-03-27)
UPS told investors it is leaning into automation and robotics to increase parcel capacity, which in turn will allow the company to operate fewer physical facilities. The post UPS to close 200 sort centers in modernization push appeared first on FreightWaves.
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Navigating change in the trucking industry
(2024-03-27)
Technological advancements, regulatory developments, environmental considerations and more require trucking businesses to continually adapt to an ever-evolving operational landscape. The post Navigating change in the trucking industry appeared first on FreightWaves.
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Automakers Face Workarounds Due to Port of Baltimore Closure
(2024-03-27)
The Maryland bridge collapse that severed access to the Port of Baltimore early March 26 is expected to cause some shipping delays and logistical headaches for the auto industry.
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Alberta farmers won’t need MELT to drive a truck
(2024-03-27)
As of April 1, Alberta’s Class 1 licensing and training changes will exempt the province’s farmers and their immediate family from mandatory entry-level training (MELT), providing them with a farm-restricted […]
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Fleet electrification does not have to break the bank
(2024-03-27)
WattEV uses a combination of state incentive funding, volume purchasing plans, and productivity improvement measures to make electric freight transport as affordable as possible. The post Fleet electrification does not have to break the bank appeared first on FreightWaves.
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Rep. Rick Crawford Pursues T&I Chairmanship
(2024-03-27)
WASHINGTON — Rep. Rick Crawford (R-Ark.), who leads the House subcommittee on highways and transit policy, declared his candidacy for the full transportation committee’s chairmanship.
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Baltimore bridge strike aftermath; project44’s Jett McCandless; road tests – WTT
(2024-03-27)
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Jett McCandless; Mark Schedler; Molly Mangan; Theresa DeSantis The post Baltimore bridge strike aftermath; project44’s Jett McCandless; road tests – WTT appeared first on FreightWaves.
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NYC Congestion Pricing Wins Key Approval From Transit Board
(2024-03-27)
Drivers of cars and trucks in New York City inched closer to paying a new fee to enter Manhattan’s central business district after approval of the nation’s first congestion-pricing plan.
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US Ports Post Year-Over-Year Increases for February
(2024-03-27)
U.S. ports experienced overall increases in container volumes year-over-year in February to extend a strong start to the year.
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Questions Linger About Enforcement of California AB 5 Law
(2024-03-27)
The California AB 5 independent contractor law is more than 4 years old, but how and to what extent it’s being enforced across the trucking industry remains an open question.
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White Paper: How Do Shippers Plan to Navigate Current Air Cargo Conditions?
(2024-03-27)
Maersk teamed up with FreightWaves to better understand how shippers are navigating the current air cargo environment. The duo surveyed representatives of a wide range of companies about their experience over the past year, as well as their expectations about the future. The post White Paper: How Do Shippers Plan to Navigate Current Air Cargo Conditions? appeared first on FreightWaves.
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Used Truck Sales in February Increase 23% Over Last Year
(2024-03-27)
Used Class 8 truck sales in February increased 23.3% compared with the same period the prior year, ACT Research reported.
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With Just 90 Seconds of Warning, Countless Lives Were Saved
(2024-03-27)
BALTIMORE — Within about 90 seconds of a dispatcher's warning of an impending crash, police officers who happened to be near the Francis Scott Key Bridge stopped traffic in both directions.
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Top performers from the 2024 PKY Truck Beauty Championship
(2024-03-27)
Catch the full awards ceremony from the Mid-America Trucking Show, as well as the full list of winners and plenty views of standouts...
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6 workers missing in Francis Scott Key Bridge collapse presumed dead
(2024-03-27)
“The whole bridge just fell down!” an officer said on an emergency call as authorities raced to close the Francis Scott Key Bridge just before it was struck by a container ship. The post 6 workers missing in Francis Scott Key Bridge collapse presumed dead appeared first on FreightWaves.
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Volvo Car Just Made Its Last Diesel Vehicle
(2024-03-27)
Volvo Car AB produced its last automobile with a diesel engine this week, ending an era for the manufacturer that plans to only make electric vehicles by 2030.
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Baltimore port closure puts truck drivers who haul autos in a bind
(2024-03-27)
Hauling autos into Baltimore is a big business that is going to scale back dramatically in coming weeks and months. The post Baltimore port closure puts truck drivers who haul autos in a bind appeared first on FreightWaves.
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Biden’s Biofuel Push Risks Dethroning Corn as King of Crops
(2024-03-27)
American farmers will plant more corn than soybeans in 2024 — as they have in most years for over a century. But beyond that, a green diesel boom threatens to dethrone the king of all crops.
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The ‘No-Fail’ Mission to Protect the Red Sea Isn’t Working
(2024-03-27)
For all the costly hardware the U.S. and its allies have thrown at the Houthis from Yemen, they haven’t been able to stop the attacks on civilian freighters and warships in the Red Sea.
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NTSB Highlights Shortcomings of Automated Railroad Braking
(2024-03-27)
The collision of three Norfolk Southern trains in Pennsylvania early this month highlights the shortcomings of the automated braking system that was created to prevent such crashes.
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How Bestpass drives fleet happiness
(2024-03-27)
Cindy Ellers, chief customer officer at Bestpass, joins FreightWaves to talk about challenges fleets and owner-operators face in 2024. She also highlights recent partnerships and acquisitions by Bestpass. The post How Bestpass drives fleet happiness appeared first on FreightWaves.
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Daily Infographic: Vertical farm to provide fresh herbs to retailers in Texas, Oklahoma
(2024-03-27)
The post Daily Infographic: Vertical farm to provide fresh herbs to retailers in Texas, Oklahoma appeared first on FreightWaves.
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FedEx pilots pick third union chairman since last summer
(2024-03-27)
The FedEx pilots union has a new chairman who is more aligned with the majority of the Master Executive Council, which wants to press FedEx harder on a new contract. The post FedEx pilots pick third union chairman since last summer appeared first on FreightWaves.
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Baltimore bridge collapse could squeeze DEF supply
(2024-03-27)
The Port of Baltimore handles huge volumes of DEF. Now, with the Key Bridge collapsed, how will the port's closure impact the...
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The criminal element lurking in FMCSA's outdated registration system
(2024-03-27)
As FMCSA makes big moves to end fraud, a look at just how outrageous and widespread the problem has become, with Dale Prax and...
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Baltimore bridge collapse prompts changes to city's truck routes | Dave Nemo retiring
(2024-03-27)
The city of Baltimore has updated its official truck routes map, which details how truck drivers may use Baltimore City roads...
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DOL contractor rule now in effect: Owner-operator classification maze, perspective
(2024-03-27)
It's now part of the 'rules of the road,' and the DOL test's significance is indirect for state wage and hour lawsuits and private...
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Court dismisses Yellow’s $137M lawsuit against Teamsters
(2024-03-26)
Yellow’s breach-of-contract suit against the Teamsters union has been dismissed by a federal court in Kansas. The post Court dismisses Yellow’s $137M lawsuit against Teamsters appeared first on FreightWaves.
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Baltimore bridge collapse may cost billions, dramatically disrupt supply chains
(2024-03-26)
The collapse of Baltimore’s Francis Scott Key Bridge could significantly disrupt supply chains as shippers and carriers scramble to relocate shipping services to other East Coast ports. The post Baltimore bridge collapse may cost billions, dramatically disrupt supply chains appeared first on FreightWaves.
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Alabama Truckers Needed to Take Hay to Texas
(2024-03-26)
More volunteer truckers are needed to deliver hay to feed Texas livestock stricken by the recent Panhandle wildfires in relief efforts coordinated by three Alabama organizations..
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Baltimore Bridge Collapse to Impact Trucking, Shipping
(2024-03-26)
The collapse of Baltimore’s Francis Scott Key Bridge is diverting shipping and trucking around one of the busiest ports on America’s East Coast, creating a new disruption to global supply chains.
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US House Passes Water Permitting Bill
(2024-03-26)
Legislation meant to expedite the permitting process for water infrastructure projects was recently advanced in the U.S. House of Representatives.
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Baltimore Bridge Collapse Prompts Port Closure for Vessels
(2024-03-26)
The potential for freight delays was being assessed in the wake of the collapse of the Francis Scott Key Bridge near Baltimore, which was struck by a cargo ship on March 26.
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Truckbase Business Overview, Features, Reviews 2024
(2024-03-26)
Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.
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Biden: US will pay to rebuild Francis Scott Key Bridge
(2024-03-26)
President Joe Biden said he’s not waiting on foreign ship companies before getting the Port of Baltimore up and running. The post Biden: US will pay to rebuild Francis Scott Key Bridge appeared first on FreightWaves.
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RXO gets negative outlook from Moody’s but keeps investment-grade rating
(2024-03-26)
Moody’s held its investment-grade debt rating of RXO, but its outlook was shifted to negative. The post RXO gets negative outlook from Moody’s but keeps investment-grade rating appeared first on FreightWaves.
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Werner team, FedEx driver named TA Citizen Drivers
(2024-03-26)
Georgia-based Tim Taylor and Arizona-based Steve and Gina Jones were named the 2024 TA Citizen Drivers last week at the Mid-America...
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Here’s how fleets can prepare for incidents: TruckNews.com webinar recap
(2024-03-26)
Receiving a call about one of your trucks being involved in a fatal collision felt like being pushed into a frozen, cold lake, recalls Rick Morgan. The safety expert who […]
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Former Tank Truck President Clifford Harvison Dies at 85
(2024-03-26)
Clifford Harvison, a longtime former president of the National Tank Truck Carriers, died March 19 at his home in Stuart, Fla. He was 85.
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Maryland CDL Program Puts More Truckers on the Road
(2024-03-26)
Westminster, Md.-based Carroll Community College in March celebrated its latest commercial driver license program graduates, which now total 77 students.
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Port of South Louisiana Sees Continued Annual Cargo Growth
(2024-03-26)
The Port of South Louisiana experienced a second year of increased cargo that rose 8.8 million short tons of cargo in 2023 to counter a period of declining annual tonnage.
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Leasing Task Force Hears Concerns About Predatory Contracts
(2024-03-26)
Truckers and industry experts warned that terms of lease-purchase agreements offered by some motor carriers present pitfalls for drivers who learn too late that they’re getting a bad deal.
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Weekly Fuel Report: March 26, 2024
(2024-03-26)
Your weekly fuel report has arrived! The post Weekly Fuel Report: March 26, 2024 appeared first on FreightWaves.
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What to know about Francis Scott Key Bridge collapse in Baltimore
(2024-03-26)
Around 1:30 a.m. Tuesday, the Dali, a Singapore-flagged ship, smashed into the bridge. The post What to know about Francis Scott Key Bridge collapse in Baltimore appeared first on FreightWaves.
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Weekly NTI Update: March 26, 2024
(2024-03-26)
The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR. The post Weekly NTI Update: March 26, 2024 appeared first on FreightWaves.
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Uber Freight takes innovative approach to drop and hook with Powerloop
(2024-03-26)
Uber Freight’s drop-and-hook capacity solution, Powerloop, has seen explosive growth, with more than 10,000 carriers servicing more than 220,000 loads to date. The post Uber Freight takes innovative approach to drop and hook with Powerloop appeared first on FreightWaves.
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Durable Goods Orders Rise for First Time in Three Months
(2024-03-26)
New orders placed with U.S. factories for durable goods rose in February for the first time in three months, suggesting firms are somewhat optimistic about the direction of the economy.