FreightWaves – News

FreightWaves – News

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U.S. freight conditions—leading signals for goods demand/cycles.

Freight Fraud Has Gone Corporate
NewsMay 21, 2026

Freight Fraud Has Gone Corporate

Freight fraud is accelerating, moving from opportunistic theft to organized, technology‑enabled identity deception. Cargo theft incidents are rising double‑digit year over year, with average losses now exceeding $200,000 per incident. Artificial intelligence is a force multiplier, allowing fraudsters to produce...

By FreightWaves – News
Inside Volvo’s New 13-Liter D13 Engine for 2027
NewsMay 20, 2026

Inside Volvo’s New 13-Liter D13 Engine for 2027

Volvo Trucks North America unveiled a redesigned 13‑liter D13 diesel engine that meets the EPA’s 2027 emissions rules while boosting power and fuel efficiency. The new block, made from compacted graphite iron, raises tensile strength 75% and allows a compression...

By FreightWaves – News
Post-Montgomery, Focus Grows on Fate of 3PL Insurance Premiums
NewsMay 19, 2026

Post-Montgomery, Focus Grows on Fate of 3PL Insurance Premiums

The Supreme Court’s Montgomery v. Caribe Transport II ruling expands liability exposure for freight brokers, prompting a scramble over rising insurance costs. TD Cowen’s round‑table with industry leaders estimates a 90‑point premium gap—carriers spend roughly ten times what 3PLs pay—while brokers...

By FreightWaves – News
13,273 Trucks Got Parked During Blitz Week. If Your Violation Is Wrong, You Have a Real Way to Fight It.
NewsMay 19, 2026

13,273 Trucks Got Parked During Blitz Week. If Your Violation Is Wrong, You Have a Real Way to Fight It.

During May 10‑17, 2026, the CVSA International Roadcheck’s blitz week generated 38,926 inspections, 69,446 violations and 13,273 out‑of‑service orders across 25,008 carriers. The FMCSA’s Safety Measurement System will incorporate these results into BASIC scores on June 8, prompting carriers to verify...

By FreightWaves – News
Transportation Bill Sets $240B for Major Modes
NewsMay 18, 2026

Transportation Bill Sets $240B for Major Modes

The House released the BUILD America 250 Act, part of the $674 billion Infrastructure Investment and Jobs Act, allocating $240 billion for core surface‑transportation modes. Funding includes $110 billion for highways and bridges, $102 billion for rail, $25 billion for airports, and $17 billion for ports....

By FreightWaves – News
Could New Zim Offer Start Bidding War?
NewsMay 18, 2026

Could New Zim Offer Start Bidding War?

ZIM Integrated Shipping Services shareholders approved a $4.2 billion takeover by Germany’s Hapag‑Lloyd and Israel’s FIMI Opportunity Funds, creating a New Zim entity that keeps 16 Israel‑flagged vessels and a government golden share under national control. A competing all‑cash offer of...

By FreightWaves – News
This Autonomous Ship Mooring System Really Sucks – and That’s a Good Thing
NewsMay 18, 2026

This Autonomous Ship Mooring System Really Sucks – and That’s a Good Thing

A vacuum‑based autonomous mooring system was installed at China’s Port of Qingdao in January, successfully berthing a container ship in just 30 seconds. Thirteen vacuum units replace the traditional half‑hour manual mooring process, eliminating the need for workers to handle...

By FreightWaves – News
More than 5,100 Freight-Related Layoffs Hit US Supply Chain Sector
NewsMay 18, 2026

More than 5,100 Freight-Related Layoffs Hit US Supply Chain Sector

A wave of freight‑related layoffs has swept the U.S. supply‑chain, affecting more than 5,100 workers across at least 20 states. The biggest hit came from FreshRealm, which filed Chapter 11 and cut over 1,000 jobs while shutting plants in California, New Jersey...

By FreightWaves – News
SONAR Sitrep: Growing Freight Market Raises Driver Demand, Squeezing Large Carriers
NewsMay 15, 2026

SONAR Sitrep: Growing Freight Market Raises Driver Demand, Squeezing Large Carriers

Freight volumes are rebounding, with van shipments 6.4% above the six‑month average and flatbed demand soaring 77% versus the prior period. The April 2026 BLS report added 4,300 truck‑transportation jobs, the strongest monthly gain in almost three years. As capacity...

By FreightWaves – News
‘AI Is the New UI’: Coupa Customers Race to Automate Supply Chains
NewsMay 15, 2026

‘AI Is the New UI’: Coupa Customers Race to Automate Supply Chains

Coupa used its Inspire 2026 conference to unveil AI‑centric products Coupa Compose and Coupa Catalyst and announced the acquisition of Rossum, an AI‑driven document‑processing firm. The company highlighted a portfolio of more than 20 AI agents that embed automation into procurement and...

By FreightWaves – News
The U.S. Navy Wants to Build 15 Nuclear-Powered Battleships
NewsMay 15, 2026

The U.S. Navy Wants to Build 15 Nuclear-Powered Battleships

The U.S. Navy unveiled a 30‑year modernization blueprint that calls for 15 new nuclear‑powered "Trump‑class" battleships, with three slated for procurement within the next five years at an estimated $43.5 billion. By 2031 the fleet is projected to expand to 450...

By FreightWaves – News
The Carrier Vetting Tech Stack Is the New Line of Defense in Freight
NewsMay 15, 2026

The Carrier Vetting Tech Stack Is the New Line of Defense in Freight

The Supreme Court’s Montgomery v. Caribe Transport decision eliminated the FAAAA preemption shield, exposing freight brokers, shippers and 3PLs to negligent‑carrier‑selection lawsuits. The ruling makes ordinary care the legal standard, requiring documented carrier vetting for every load. To meet this...

By FreightWaves – News
Houston Gains Cargo Share as Volumes Soften at West Coast Ports
NewsMay 14, 2026

Houston Gains Cargo Share as Volumes Soften at West Coast Ports

Flexport’s North America Freight Market Update highlighted a shift in U.S. import patterns as West Coast ports like Los Angeles and Long Beach saw import volumes dip about 1.5% year‑over‑year, while Houston’s inbound bookings surged 7.2% YoY. Executives cited tighter vessel deployment,...

By FreightWaves – News
TL Linehaul Rates Surge in April, Cass Says
NewsMay 14, 2026

TL Linehaul Rates Surge in April, Cass Says

Cass Information Systems reported that the TL linehaul index surged 5.6% year‑over‑year in April, the strongest gain since August 2022, while shipments held steady with a modest 0.4% month‑over‑month rise. Spot and contract rates jumped 3.2% sequentially, reflecting tightening capacity...

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