Logistics News

Freightwaves

• Trimble records Q1 transportation revenue of $195M May 3, 2024
  Supply chain technology provider Trimble’s first-quarter transportation and logistics revenue totaled $195 million. The post Trimble records Q1 transportation revenue of $195M appeared first on FreightWaves.
• Controlling back office costs helps offset compressed broker margins May 3, 2024
  The rapid introduction of new competitors and technology in freight is producing a rapid downward trend in brokerage gross margins. To remain competitive, cost visibility and controls are paramount. The post Controlling back office costs helps offset compressed broker margins appeared first on FreightWaves.
• New payment option emerges for companies doing business in Mexico May 3, 2024
  TriumphPay’s network expansion provides a source of relief for the many logistics companies that have encountered recent frustrations and hurdles due to their inability to make payments in Mexico’s local currency. The post New payment option emerges for companies doing business in Mexico appeared first on FreightWaves.
• Running on Ice: Kansas City thrust into the spotlight again May 3, 2024
  In this edition: The evolution of the Midwest Mexico Express, Polar Leasing expansion and Walmart develops a new brand. The post Running on Ice: Kansas City thrust into the spotlight again appeared first on FreightWaves.
• DHL to pay $8.7M to settle EEOC race discrimination lawsuit May 3, 2024
  Delivery company DHL will pay $8.7 million to settle a class race discrimination lawsuit alleging that the company assigned Black workers to more dangerous routes than white workers. The post DHL to pay $8.7M to settle EEOC race discrimination lawsuit appeared first on FreightWaves.
• Eliminate data silos and optimize shipping with strategic partnerships May 3, 2024
  Eliminating fragmentation in the supply chain is necessary for a resilient future, but it takes powerful collaboration between platforms. The post Eliminate data silos and optimize shipping with strategic partnerships appeared first on FreightWaves.
• XPO sees Q1 strength carrying forward May 3, 2024
  Less-than-truckload carrier XPO says robust yield improvement is still on the horizon even after it laps easy post-Yellow repricing comparisons. The post XPO sees Q1 strength carrying forward appeared first on FreightWaves.
• Could autonomous trucks help save the planet? May 3, 2024
  The potential energy and environmental gains from autonomous trucking are laid out in a new white paper from Aurora Innovation. The post Could autonomous trucks help save the planet? appeared first on FreightWaves.
• Truck transportation jobs break 6-month string of gains with slight loss May 3, 2024
  Truck transportation jobs posted a small decline in April after six straight months of relatively minor gains. The post Truck transportation jobs break 6-month string of gains with slight loss appeared first on FreightWaves.
• XPO cruises past Q1 consensus estimate May 3, 2024
  Less-than-truckload carrier XPO easily surpassed analyst expectations for the first quarter as significantly higher yields amplified modest tonnage gains. The post XPO cruises past Q1 consensus estimate appeared first on FreightWaves.
• FreightWaves Infographics: Estes to open at least 20 terminals this year May 3, 2024
  The post FreightWaves Infographics: Estes to open at least 20 terminals this year appeared first on FreightWaves.
• FreightTech Friday: Loadsure takes insurtech solution to Europe May 3, 2024
  In this edition of FreighTech Friday, Loadsure explains the risk of moving goods throughout Europe, and Kinaxis shares a report on shippers that are slow to react to supply chain disruptions. The post FreightTech Friday: Loadsure takes insurtech solution to Europe appeared first on FreightWaves.
• RXO, still suffering from weak market, touts Q1 volume growth May 2, 2024
  RXO looked to various metrics to push a message that things are getting better at the 3PL. The post RXO, still suffering from weak market, touts Q1 volume growth appeared first on FreightWaves.
• Air Canada abandons plans for two Boeing 767 converted freighters May 2, 2024
  Air Canada said Thursday it changed its mind about investing in two widebody freighters and will rely on its growing passenger fleet to increase cargo capacity. The post Air Canada abandons plans for two Boeing 767 converted freighters appeared first on FreightWaves.
• FedEx charges ahead with emission-reduction plan with 150 new EVs May 2, 2024
  FedEx has ordered 150 Blue Arc EV Trucks to add to its pickup and delivery fleet in the United States in an effort to reduce carbon emissions. The post FedEx charges ahead with emission-reduction plan with 150 new EVs appeared first on FreightWaves.
• Shippers move LTL freight to full truckload May 2, 2024
  LTL executives highlight shippers moving spillover LTL freight to full truckload amid market weakness and low rates. The post Shippers move LTL freight to full truckload appeared first on FreightWaves.
• Latte and Big Mac sales show consumers are hurting May 2, 2024
  Future of Supply Chain discount code expires May 15  Stockouters, I want to see you in Atlanta! My subscribers can still access tickets to FreightWaves’ Future of Supply Chain at […] The post Latte and Big Mac sales show consumers are hurting appeared first on FreightWaves.
• FBX Report: May 02, 2024 May 2, 2024
  The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40' containers. The post FBX Report: May 02, 2024 appeared first on FreightWaves.
• Where diesel tech and driver recruitment meet – Taking the Hire Road May 2, 2024
  Amanda Schuier, strategic maintenance director at Jetco Delivery, highlights the unique challenge of engaging with and retaining truck drivers and diesel technicians. The post Where diesel tech and driver recruitment meet – Taking the Hire Road appeared first on FreightWaves.
• Schneider National cuts 2024 outlook, notes some positive trends May 2, 2024
  Schneider National cut full-year earnings guidance by 25% but said contractual truckload pricing turned positive in the first quarter. The post Schneider National cuts 2024 outlook, notes some positive trends appeared first on FreightWaves.