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Transportation News

Fri, Apr 16th, 2021
Shipments up, freight spend way up — Cass reports

Cass data published Friday highlights new records as volumes reaccelerate and rates soar.

Autonomous trucks hit the road — WTT

Autonomous trucks are hitting the road but how soon and are trucking jobs really in danger?

2 passengers sue United Airlines over engine explosion

DENVER (AP) — Two passengers who were aboard a United Airlines flight that had to make an emergency landing after one of its engines blew apart and sent debris raining down on Colorado neighborhoods...

UAL : 55.87 (-0.45%)
Officials: 2nd dead worker from capsized boat found in Gulf

PORT FOURCHON, La. (AP) — The Coast Guard said Friday that it has found the body of a second dead worker from the lift boat that capsized off Louisiana's coast earlier this week.

Azerbaijan cargo airline debuts at Rickenbacker airport

Silkways West Airlines is a large cargo operator out of Azerbaijan. It recently began flying to Columbus, Ohio.

Port of Savannah container moves jumped 48% in March

Savannah’s record March underscores why it’s investing hundreds of millions on new capacity upgrades.

Lawsuit over Indonesia 737 crash claims autothrottle problem

SEATTLE (AP) — A lawsuit filed in Seattle against Boeing alleges that a malfunctioning autothrottle system on an older 737 jet led to the crash of the Sriwijaya Air plane into the Java Sea in Indonesia...

FreightWaves Classics: Emery Worldwide dominated air freight forwarding for 40+ years

Emery Air Freight (later Emery Worldwide) dominated air freight forwarding for 40 years. Read its story in this FreightWaves Classics article.

Amazon to test white-glove delivery service of furniture, appliances

Amazon will begin testing in-home setup of furniture and appliances.

How did truckers in kidnapping cases go free so easily? — Long-Haul Crime Log

Two truckers charged with kidnapping women were able to secure their own releases with relative ease during the investigation. Find out why this raises troubling questions about this case in the latest...

FBX Report: April 15, 2021

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40' containers.

Truck Talk: Deal or no deal edition

Truck Talk is a weekly newsletter from FreightWaves that adds perspective and context to happenings in the trucking industry.

The Stockout: L’Oreal’s supply chain running well — except in the US

In today’s The Stockout, I discuss first-quarter earnings reports from Pepsi and L’Oreal. L’Oreal, in particular, has a lot of momentum of late with shares reaching all-time highs as investors seem...

Drilling Deep: The scattered factoring business might become a lot more unified

Also on this week's podcast: Conflicting info about the US oil upstream that might actually be in sync.

What Gartner’s new Magic Quadrant tells us about the real-time visibility market

project44 and FourKites are the only ‘Leaders’ in the space.

IT : 192.00 (+0.73%)
Day workers leaving India's cities as virus dries up jobs

MUMBAI, India (AP) — Migrant workers are piling into rail stations in India's financial capital Mumbai to head back to their home villages now that virus-control measures have dried up work in the hard-hit...

Second-quarter truckload volumes resemble peak Fourth of July demand

A good truckload provider will have a strong network and the ability to leverage multiple modes.

Late-season snow to hit Northeast

More rain is coming to the water-logged Gulf Coast with thunderstorms threatening across Texas and the Central Plains.

Kansas City Southern Q1 net profit flattish on 4% revenue decline

Kansas City Southern’s net income for the first quarter of 2021 rose 0.7% despite a 4% decline in revenue and a 1% drop in carload volumes.

Gruzka technology aims to change the future of cargo transfer

Gruzka products help reduce load transactions at docks by 50%, allowing products to be loaded within the metal bin that can simply be picked up and moved by a standard forklift.

Chart of the Day

Horizon Technology F (HRZN)

The Barchart Chart of the Day  belongs to the business development company Horizon Technology (NASDAQ: HRZN ).  I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the...
Read More

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