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FreightWaves

Sun, Jan 19th, 2020
Amazon plans takeover of two Pinnacle Logistics air cargo operations

Amazon moves to take over Pinnacle Logistics air cargo operations in Baltimore, Maryland and Rockford, Illinois, where it will rehire 3,000 Pinnacle employees facing layoff.

WTT?!? Weekend: Love’s 2020 plans will create up to 3,000 parking spots [with video]

We gear down into the backhaul of our week with news of a headline glitch. Starting early Thursday, small-business truckers who rely on the spot market began reporting problems logging in to the DAT load...

This Week in SONAR: Rail and Next Day Rack Price Data!

The latest features in SONAR 5.0 make it the most future-focused version to date.

US updates IMO 2020 enforcement policy

Ship owners failing to prove compliance face criminal fines and penalties.

New and smaller fleet growth stalls after rough 2019

New fleet growth is slowing while used truck prices collapse. Is this the first sign of contracting trucking capacity?

Bankrupt Celadon receives $14.5 million bid for Taylor Express

Bankrupt Celadon receives $14.5 million bid for Taylor Express as it plans liquidation of remaining assets

Love’s plans up to 40 new stores, 3,000 parking spots in 2020 (updated)

(Updated with comments from Love’s spokeswoman on size of growth in 2019). Love’s Travel Stops’ growth plans this year are in line to slightly more aggressive than those of 2019 and 2018. In a prepared...

E-payment firm asks federal court to dismiss rival’s `tying’ claim

E-payment vendors continue to do battle in court

Kansas City Southern optimistic about 2020

Service improvements will help grow rail volumes and revenue, the company said during its fourth-quarter earnings call Friday.

J.B. Hunt’s earnings call highlights headwinds in brokerage and intermodal

J.B. Hunt’s fourth quarter call addresses some challenges facing its brokerage and intermodal businesses.

Reefer heating up even in flat market

Director of Passport Research JP Hampstead sits down with Director of Freight Market Intelligence Zach Strickland to discuss what's happening with rates this week.

Celadon doubles down on Hyndman liquidation as Canadian court fight looms

Sale of Winnipeg terminal for C$4.25 million to commercial real estate firm appears set to be tied up in Canadian courts, where U.S. trucking giant’s failure to initiate timely bankruptcy proceedings...

Logistics tops list of driver concerns in 2019

An overview of driver feedback trends found high rates of satisfaction with co-workers and staffing issues.

Consolidated Chassis Management in major program to upgrade equipment

Ensuring shippers have “chassis choice” for merchant haulage expected to be a prominent issue in the year ahead.

Volumes flat year-over-year as capacity normalizes

Freight volumes and tender rejections range-bound for now

What’s up wit DAT?

On today’s episode, DAT goes tango down, fleet bankruptcies hammer used truck market, Love’s adds parking, XPO’s great divide, President of Transportation at DHL Supply Chain Jim Monkmeyer, Cassandra...

Airlines relax restrictions on two banned substances

IATA is aligning its dangerous goods rules with international standards.

Freight Futures daily curve: 1/17

Thursday's National Trucking Freight Futures forward curve points to softness in spot rates through February 2020.

FreightWaves Flashback: January 1965

Take a look back at what made maritime headlines in 1965.

Canadian fuel distributor Parkland grows US footprint and fleet with Kellerstrass acquisition

Deal to buy Utah-based company will expand Parkland Fuel’s presence in the Western United States with 84 locations and 63 trucks.

Chart of the Day

Corvel Cp (CRVL)

The Barchart Chart of the Day belongs to the insurance and business services company CorVel (CRVL). I found the stock by sorting Barchart's New All-Time High list first by the most frequent number of new highs in the last month, then used the Fl...
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