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Wed, Jul 28th, 2021
Highways, ports get $2B boost in Biden infrastructure deal

Senate lawmakers find more money for highways and ports in a bipartisan infrastructure package.

2 Port Houston terminals remain closed due to hardware failure

The port told customers the hardware failure wasn’t related to a cyberattack.

XPO ends an era with strong Q2 results

The company posts solid numbers for its transport and logistics units as the logistics business prepares for trading on Monday as a spun-off entity.

XPO : 137.78 (-0.78%)
PayPal beats Q2 2021 earnings estimates, misses on revenue

The online payment platform boosted its outlook for total payment volume, but guidance was largely unchanged.

Broad supply chain issues behind international intermodal container delays: NS

Supply chain congestion is more about issues with throughput among various stakeholders and less about Norfolk Southern’s ability to handle volumes, executives said during NS’ second-quarter 2021 earnings...

Canadian Pacific sees record Q2 revenue

CP’s second-quarter 2021 revenue totaled $1.64 billion in U.S. dollars.

KSU : 261.05 (-0.16%)
Echo Global Logistics beats earnings estimates and raises guidance

Management has raised full-year revenue guidance to $3.45 billion-$3.55 billion.

Biden spotlights computer chip shortage on visit to Mack Trucks plant

A Mack Trucks facility was the backdrop Wednesday for President Biden to highlight his plan to require that 75% of the value of a product’s components be made in the U.S.

Old Dominion wants truckload freight to spill over onto someone else

Truckload carriers’ “spillover” freight ties up LTL capacity during unprecedented times, Old Dominion executives said.

ODFL : 259.03 (-0.09%)
Trimac Transportation acquires digital broker Zengistics

The acquisition is a part of a five-year strategic plan to innovate and create disruption in the bulk trucking space.

Xpress Global Systems acquires LTL Delta Distribution

XGS hopes the merger of the two companies will strengthen its overall operational footprint.

Schneider driver’s daughter dives into the Olympics

Trucker's daughter dives for Team USA and Tokyo Olympics; deep dive on LTL tech; challenging DataQ

Thefts on the rise: How camera technology acts as security system

The recent chip shortage crisis isn’t helping matters.

FreightWaves Classics: Fallen Flags – Denver & Rio Grande Western Railroad (Part 1)

In Part 1, the beginning and expansion of the Denver & Rio Grande Western Railroad is profiled.

Beyond the buzzword: Culture fit promotes successful tech partnerships

Historically, the cultural fit between a brokerage and technology partner has been glossed over in partnership discussions. As these relationships become more collaborative and dynamic, however, the importance...

Relay Payments plans to raise $60M for lumper remittance platform

A recent SEC filing shows the company has already raised $44.7 million from four investors.

Warning: Book now or ‘Christmas may be canceled’

U.S. shippers this holiday season will need more than Rudolph’s red nose to guide them through the whiteout of congestion.

What are truckers’ favorite weather apps?

Based on a FreightWaves survey, these are the mobile weather apps that truckers like the best while on the job.

Truework expands credit access for gig workers

The one-stop income verification provider is meeting the needs of a swelling independent workforce.

Old Dominion shatters record with 72.3% operating ratio in Q2

The key profitability metric comes in 550 basis points below the company’s 2020 results.

ODFL : 259.03 (-0.09%)

Chart of the Day

Herc Holdings Inc (HRI)

The Barchart Chart of the Day belongs to the equipment leasing company Herc Holdings (NYSE: HRI ). I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. That resulted in a watch list of 14 stocks. After...
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