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157 articles
Tenet Transportation Tech merged with Crown Data Systems, combining Tenet’s carrier operations software with Crown’s airfreight trucking software business.
Why the Monthly Payment Is the Wrong Number to Focus On The monthly payment is a cash flow number. It tells you whether you can keep the lights on week to week. It tells you almost nothing about what the truck actually costs. What the truck actually costs is the purchase price plus every dollar […]
Artificial intelligence has moved from the edges of the supply chain to its center. What began as experimental pilots and proof-of-concept projects has become the operating reality for a growing share of the logistics industry, with AI, machine learning, and large language models now driving the dem
Knight-Swift Transportation announced the retirement of co-founder and executive chairman Kevin Knight. The post Knight-Swift founder, executive chairman Kevin Knight retires appeared first on FreightWaves.
Descartes reported better-than-expected results in its latest quarter as customers use its tools to navigate a changing trade landscape. The post Descartes reports record revenue amid ‘challenging’ trade landscape appeared first on FreightWaves.
QXO saw terms improve on a $6 billion financing package to fund its purchase of rival TopBuild, which attracted more than three times the amount of demand from investors.
Less-than-truckload carrier XPO seems set to exceed its second-quarter tonnage projection based on the company's May update. The post XPO’s Q2 tonnage trending ahead of guidance appeared first on FreightWaves.
Carriers and shippers can expect a few bumps on the freight market’s road to recovery even as rates continue to climb, FedEx Freight CEO John Smith says.
CEO Doug Ettinger said the carrier will work hard to regain trust from disruption-weary customers amid a prolonged decline in parcel revenue.
This week in Borderlands Mexico: Thousands of Mexican truckers lose US visas; US, Mexico complete first round of USMCA talks; and RealCold acquires SCL Cold Chain. The post Borderlands Mexico: Thousands of Mexican truckers lose US visas over cabotage violations appeared first on FreightWaves.
Rising costs and stubbornly high transits could further challenge supply chains in the second half of the year. The post Ocean rates creeping higher ahead of peak season appeared first on FreightWaves.
A notice has been going out to carriers in the C.H. Robinson network, and it is worth reading carefully because of what may sit behind it. The message, branded under C.H. Robinson and titled “Changes to carrier eligibility,” tells the recipient that their company “exceeds intervention thresholds for
Torc Robotics Mila partnership advances physical AI for autonomous trucking. Torc is now Mila's only autonomous trucking company with dedicated research space in Montreal. The post Torc Robotics and Mila team up on physical AI for autonomous trucks appeared first on FreightWaves.
Hub Group announced that its chief financial officer and chief operating officer have departed as it works to restate financial results following an accounting error. The post Hub Group CFO, COO depart following accounting error appeared first on FreightWaves.
Maersk paid a $1.9 million fine to the Federal Maritime Commission for improper detention billing to non-contracting third parties. The post U.S. fines Maersk $1.9 million over detention charges appeared first on FreightWaves.
Temperature-controlled warehouse operator Americold announced a new expense-reduction initiative. The post Americold adds to belt-tightening initiatives appeared first on FreightWaves.
Vision 26 brought Motive’s AI Dashcam Plus with stereo vision, Atlas AI and an automations engine that handles fault codes and coaching automatically. The post Motive unveils integrated AI Stack at Vision 26 appeared first on FreightWaves.
Class I railroads will soon need to report two additional metrics, which a former BNSF director said could boost service transparency.
The qualifying season is underway for ATA's National Truck Driving Championships, with hundreds of commercial drivers competing in state tournaments.
A $50 million nuclear verdict was handed down against a Texas trucking company that may not be in business. The post Nuclear verdict alert: almost $50M against a mystery Texas trucking company appeared first on FreightWaves.