FreightWaves

FreightWaves

Publication
0 followers

Freight, logistics, trucking and supply chains.

“One of the Worst Software Releases I’ve Ever Witnessed.” Users Are Not Holding Back on FMCSA’s New MOTUS System
NewsMay 30, 2026

“One of the Worst Software Releases I’ve Ever Witnessed.” Users Are Not Holding Back on FMCSA’s New MOTUS System

On May 14, 2026 the Federal Motor Carrier Safety Administration retired its legacy registration platforms and launched MOTUS, a unified, Login.gov‑linked system intended to curb fraud and modernize carrier record‑keeping. Within weeks, carriers and compliance professionals flooded social media with...

By FreightWaves
How Rail Mega-Merger Moved Ahead, and STB Avoided Making History
NewsMay 29, 2026

How Rail Mega-Merger Moved Ahead, and STB Avoided Making History

Union Pacific and Norfolk Southern’s $85 billion merger advanced after the Surface Transportation Board (STB) declined a historic second rejection, instead requesting additional data. The market reacted sharply, erasing roughly $7.5 billion—about 10% of the deal’s estimated value—from the two railroads’ combined...

By FreightWaves
Hub Group CFO, COO Depart Following Accounting Error
NewsMay 28, 2026

Hub Group CFO, COO Depart Following Accounting Error

Hub Group announced that CFO Kevin Beth and COO Brian Meents are leaving the firm, with both agreeing to assist on a consulting basis during the transition. The departures come as the transportation logistics company prepares to restate its 2023...

By FreightWaves
BMO’s Credit Data Shows Little Improvement Despite Stronger Freight Market
NewsMay 27, 2026

BMO’s Credit Data Shows Little Improvement Despite Stronger Freight Market

BMO’s transportation lending unit reported that its credit metrics barely moved in Q2 2026 despite a rebound in freight rates. Gross impaired loans rose to Ca$576 million (≈US$417 million), while allowances for credit losses climbed to US$86 million. The loan portfolio expanded to...

By FreightWaves
ArcBest Launches Shipment Execution Platform
NewsMay 27, 2026

ArcBest Launches Shipment Execution Platform

ArcBest introduced ArcBest View, a digital shipment execution platform that lets customers quote, book and track shipments within a single interface. The solution provides real‑time access to shipment details, billing records, supporting documents and performance reporting, while allowing users to...

By FreightWaves
Six Out of Seven Weeks: Diesel Benchmark Down Again
NewsMay 27, 2026

Six Out of Seven Weeks: Diesel Benchmark Down Again

The DOE/EIA’s average weekly retail diesel price slipped 7.3 cents to $5.52 per gallon, marking the sixth decline in seven weeks. Futures for ultra‑low‑sulfur diesel on the CME fell to $3.54 per gallon, the lowest level since April 20, after...

By FreightWaves
Cathay Pacific, Air China Cargo Top up Orders for Airbus A350 Freighter
NewsMay 27, 2026

Cathay Pacific, Air China Cargo Top up Orders for Airbus A350 Freighter

Cathay Pacific exercised options for two additional Airbus A350 freighters, raising its commitment to eight aircraft, while Air China Cargo placed a firm order for four more, bringing its total to ten A350Fs. The A350F can haul up to 120 tons...

By FreightWaves
SONAR Sitrep: Retailers Roll Back Customer Pick-Up, Reallocate Freight
NewsMay 26, 2026

SONAR Sitrep: Retailers Roll Back Customer Pick-Up, Reallocate Freight

Retailers are suspending Customer Pick‑Up (CPU) programs as the freight market tightens, shifting outbound loads back to CPG manufacturers. FreightWaves SONAR indices show tender rejections climbing to 13.16%, the spot‑to‑contract spread narrowing to –$0.22 per mile, and tender volume rising...

By FreightWaves
FedEx Freight Donation Revives UA Northark CDL Training Program
NewsMay 26, 2026

FedEx Freight Donation Revives UA Northark CDL Training Program

FedEx Freight has donated two tractors and two 48‑foot trailers to the University of Arkansas Northark, enabling the school to relaunch its commercial driver’s license (CDL) training program after an 18‑month hiatus. The four‑week intensive course will begin this fall, with...

By FreightWaves
Supreme Court Rejects Florida Lawsuit over Immigrant Truck Driver CDLs
NewsMay 26, 2026

Supreme Court Rejects Florida Lawsuit over Immigrant Truck Driver CDLs

The U.S. Supreme Court declined to hear Florida's lawsuit against California and Washington for issuing commercial driver licenses (CDLs) to undocumented immigrants, effectively preserving the states' current licensing practices. The case originated after a fatal 2025 crash involving a driver...

By FreightWaves
AGX Sues R&R, Huntington over Frozen Credit Line, Unpaid Carrier Invoices
NewsMay 26, 2026

AGX Sues R&R, Huntington over Frozen Credit Line, Unpaid Carrier Invoices

AGX Freight sued R&R Family of Companies and Huntington National Bank, alleging the bank froze a shared revolving credit line and R&R depleted AGX's borrowing capacity, pushing the Jacksonville brokerage toward insolvency. Huntington counter‑claimed AGX defaulted after credit advances stopped...

By FreightWaves
Phillips Connect Names Mark Wallin President and General Manager
NewsMay 22, 2026

Phillips Connect Names Mark Wallin President and General Manager

Phillips Connect, a smart‑trailer technology firm, promoted Mark Wallin to president and general manager. Wallin, who has shaped the company’s technical roadmap and customer strategy, will lead an expansion as fleets demand more intelligence from every asset. The platform already...

By FreightWaves
Saia Opens Terminals in Pacific Northwest, Midwest
NewsMay 22, 2026

Saia Opens Terminals in Pacific Northwest, Midwest

Saia, the Georgia‑based less‑than‑truckload carrier, opened two new terminals – one in Marysville, Washington and another in Edinburgh, Indiana – as part of a broader $2 billion network expansion. The additions bring Saia’s terminal count to 216, solidifying a truly national...

By FreightWaves
Port Houston Sees April Cargo Dip, Expects Rebound in May
NewsMay 22, 2026

Port Houston Sees April Cargo Dip, Expects Rebound in May

Port Houston handled 353,319 TEUs in April, a 10% drop from March and 9% lower than a year ago, marking its first quarterly container decline since early 2025. Despite the dip, vessel visits rose 6% YoY, indicating robust ship traffic....

By FreightWaves
FreightWaves | Pulse