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FreightWaves

Sun, Jul 5th, 2020
The freight-rollercoaster continues for trucking

Capacity is almost as tight as it was during the panic buying inspired March. Could it get tighter?

For trucking, a ‘polyfuel future’ awaits

OEMs, logistics companies tout varied technology solutions on the way to a zero-emissions future.

Reefer jobs disappearing, trucks to be sold in Odwalla closing

Parent company Coca-Cola shutting the line by the end of August

Commentary: What manufacturing activity tell us about freight

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.   As we transition into July, several economic indicators concerning...

Feds arrest murder suspect enrolled in C.R. England’s trucking school

The feds claim Hirmoge fled to Utah, enrolled in C.R. England’s truck driving school, after fatal shooting in Georgia.

Volumes up 45% year-over-year this week (yes, 45%)

Soaring volumes and tender rejections continue.

June Class 8 truck orders rebound to four-month high

Preliminary orders for Class 8 trucks in June rebounded to a four-month high, following a rapid improvement in freight rates.

FreightWaves Flashback 1955: Shipside to Chicago in three nights

New and stronger ties between the Port of Jacksonville and the Midwest are being developed by truck lines bent on developing return traffic to Florida.

Texas makes face masks mandatory in public settings and gatherings

Truck drivers traveling in Texas will have to don face masks in public as part of Gov. Greg Abbott’s new COVID-19 mandate, issued on July 2.

Lawmakers reintroduce trucking company hiring standards

TIA supporting bill it says will close truck safety loophole.

Federal court upholds ruling in favor of injured former BNSF employee

The former worker is entitled to over $3.1 million in compensatory and punitive damages, lost wages, and front pay.

Chinese truck maker making big moves in Mexico

Shacman Trucks plans to have five to six distributors in Mexico this year, as well as an assembly plant for Class 6-8 trucks by 2022.

Geofencing data: Less-than-truckload boost carries into June

Deutsche Bank geofencing data shows the less-than-truckload recovery off of an April bottom spills into June.

Current volume level is likely unsustainable, but just how high can we expect throughput to be post-Fourth?

This week’s DHL Supply Chain Pricing Power Index: 55 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 50 (Balanced) Three-month DHL Supply Chain Pricing Power Index Outlook: 60 (Carriers)...

Pandemic prompts DHL to beef up expedited LCL services

Excerpt: In response to the COVID-19 pandemic, transport and logistics giant DHL is enhancing its time-definite less-than-containerload sea freight delivery service.

Fourth of July, 2020

Carrier ties bankruptcy to soaring insurance rates, fatal crash

Deluxe Express filed for bankruptcy protection, citing skyrocketing insurance rates, fatal crash.

Profit-taking early investors hammer Nikola stock price

High-flying Nikola Corp. (NASDAQ: NKLA) came back to earth Thursday as early investors in the electric truck startup sold discounted shares at a handsome profit. With lockup provisions lifted, investors...

VIP charter airline gets US greenlight for cargo operations

A Bermuda-based airline sees a business opportunity with the COVID pandemic and is jumping into the cargo market.

UPS partners with Mexican firm for international shipping

The agreement will help small and midsize businesses in Mexico reach more than 220 countries and territories around the world, as well as customers in the United States within one business day.

Chart of the Day

Coupa Software Inc (COUP)

The Barchart Chart of the Day belongs to the software company Coupa Software (COUP). I found the stock by sorting Barchart's Top 100 Stocks list first by the most frequent number of new highs in the last month, then used the Flipchart feature to...
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