Triumph’s open-loop system hits a milestone, even as payments’ EBITDA loss widens
In a quarter in which Triumph Financial recorded a better-than-forecast performance by some measures, the company’s open-loop network also hit a
Tag : FreightWaves
STB response on UP service limited; agency won’t delay arbitration program
The Surface Transportation Board and Chairman Marty Oberman recently responded to several rail shipper-related issues before the board: Oberman
Sanctions effect begins: Crude tankers forced onto longer voyages
Tanker investors have been getting cold feet this winter. Spot rates are down sharply from November and stocks are off earlier highs. Yet the
4 min read
Running on Ice: Florida makes headlines again
Hello, and welcome to the coolest community in freight! Here you’ll find the latest information on warehouse news, tech developments and all
3 min read
Ex-trucking co-owner sentenced for bank fraud, facing livestock neglect charges
The former co-owner of an Iowa trucking company was sentenced Tuesday for his role in orchestrating an elaborate $250,000 check kiting scheme and is
Norfolk Southern’s industrial development investments valued at $3.2B
Norfolk Southern’s partnership with 120 companies at the railroad’s industrial sites generated about $3.2 billion in investment in 2022. The
4 min read
5 takeaways: Fuller and Strickland review state of the freight market
The FreightWaves webinar for January, broadcast Thursday with Head of Freight Market Intelligence Zach Strickland and FreightWaves CEO and founder
11 min read
Markets are bad, but they could be worse
This week’s FreightWaves Supply Chain Pricing Power Index: 30 (Shippers) Last week’s FreightWaves Supply Chain Pricing Power Index: 35
3 min read
FDA moves forward on front-of-packaging labeling requirements
In recent editions of The Stockout, I discussed the potential for CPGs to be required to add stoplight-like front-of-label nutrition labels in the
5 min read
Paccar takes deliberate approach to electrification
Look up the word deliberation in a dictionary. It perfectly describes Paccar’s approach to trucking electrification. Sure, the company offers nine
4 min read
Knight-Swift’s Q4 misses, 2023 outlook does not
Knight-Swift Transportation confirmed the durability of its more diverse business model Thursday after the market closed. The carrier issued
4 min read
Famous Oscar Mayer Wienermobile stands test of time
No, you don’t need a CDL to drive the Oscar Mayer Wienermobile. But right now, the Kraft Heinz Co. is hosting its annual campaign to find its next
2 min read
Truckers’ positive drug tests up 18% in 2022
The latest data from the Drug and Alcohol Clearinghouse reveals that drug use among commercial drivers may be at its highest level since the federal
6 min read
Covenant se muestra optimista: esta vez es diferente; las acciones caen un 20% tras un cuarto trimestre errático
La dirección de Covenant Logistics Group se mostró optimista respecto al mercado de transporte de mercancías por carretera en una llamada con
7 min read
When final mile attacks
Welcome to the WHAT THE TRUCK?!? Newsletter. In this issue, final mile fails; LEGO HQ moves to Boston; Tesla’s new Semi factory and