FreightWaves

FreightWaves

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Freight, logistics, trucking and supply chains.

Supply Chain Layoffs Spread Across Warehouses, Factories and Rail Terminals
NewsMar 12, 2026

Supply Chain Layoffs Spread Across Warehouses, Factories and Rail Terminals

A wave of supply‑chain layoffs has swept across the United States, affecting roughly 4,000 workers in recent weeks. The biggest cuts came from SK Battery America, which shed 958 jobs (about 37% of its staff) and First Brands Group, which...

By FreightWaves
Ten Maersk Ships ‘Trapped’ in Persian Gulf
NewsMar 12, 2026

Ten Maersk Ships ‘Trapped’ in Persian Gulf

Maersk CEO Vincent Clerc said ten of the carrier’s vessels are trapped in the Persian Gulf after Iran closed the Strait of Hormuz. The ships have been grouped offshore for safety, with one under a U.S. Military Sealift Command contract....

By FreightWaves
Descartes Reports Record Quarter; Announces Acquisition
NewsMar 11, 2026

Descartes Reports Record Quarter; Announces Acquisition

Descartes Systems Group posted a record fiscal fourth quarter, delivering $193 million in revenue, a 15% year‑over‑year increase, and adjusted EBITDA of $89 million, up 18% YoY with a 46% margin. Earnings per share rose to 52 cents, 9 cents above the...

By FreightWaves
Lufthansa Cargo Minimizes Delays During Pilot Strike
NewsMar 11, 2026

Lufthansa Cargo Minimizes Delays During Pilot Strike

Lufthansa Cargo will operate more than 80% of its scheduled all‑cargo flights on Thursday and Friday despite a 48‑hour pilot strike over pension and pay demands. The carrier expects to maintain over 50% of its overall flight schedule, with long‑haul...

By FreightWaves
Eight Days to a CDL
NewsMar 11, 2026

Eight Days to a CDL

A driver from Hawaii flew to New Jersey, completed an eight‑day training program, passed the skills test, and returned home with a full commercial driver’s license—entirely within legal bounds. The ELDT rule, effective 2022, requires only demonstrated proficiency and imposes...

By FreightWaves
UPS Navigates Amazon Draw Down in Hard Pivot to Premium Services
NewsMar 11, 2026

UPS Navigates Amazon Draw Down in Hard Pivot to Premium Services

UPS is executing its largest network consolidation while deliberately shedding about 50% of its Amazon volume by mid‑2026. The carrier has cut 30,000 jobs, closed 24 parcel‑sort facilities and is automating remaining sites to boost profitability. CFO Brian Dykes said...

By FreightWaves
Amazon Defrauded: Guilty Plea in $3M+ Fraud Involving Trailers
NewsMar 10, 2026

Amazon Defrauded: Guilty Plea in $3M+ Fraud Involving Trailers

A Connecticut‑based freight operator, Ameer Nasir, pleaded guilty to wire fraud for submitting more than $3 million in false invoices to Amazon Logistics. Between December 2019 and February 2021, he created 23 phantom trucking companies and used a manual override in...

By FreightWaves
Congress Wants to Put Driverless 80,000-Pound Trucks on the Road – Should Small Carriers Be Worried
NewsMar 10, 2026

Congress Wants to Put Driverless 80,000-Pound Trucks on the Road – Should Small Carriers Be Worried

The SELF DRIVE Act (H.R. 7390) would create a federal framework allowing fully autonomous 80,000‑pound trucks to operate commercially while under testing permits, expanding NHTSA authority and preempting state rules. The bill requires manufacturers to submit a safety case but...

By FreightWaves
How Moving Mission-Critical Tech Requires a Different Approach to Freight Logistics
NewsMar 10, 2026

How Moving Mission-Critical Tech Requires a Different Approach to Freight Logistics

Freight carriers are now moving mission‑critical AI and semiconductor hardware, not just consumer electronics, turning each trailer into a multi‑million‑dollar asset. The dense, delicate nature of this cargo demands real‑time, sensor‑driven visibility that goes beyond standard GPS location data. Werner’s...

By FreightWaves
Freight Broker Fura Announces 5th Acquisition
NewsMar 10, 2026

Freight Broker Fura Announces 5th Acquisition

Freight broker Fura announced its fifth acquisition, buying Texas‑based Barton Logistics. The deal adds full‑truckload, LTL, expedited and intermodal capabilities, along with long‑standing shipper partnerships, to Fura’s AI‑driven platform. Fura now serves over 550 customers and 16,000 carriers, executing more...

By FreightWaves
MATS Is Three Weeks Away – Here Is Why Small Carriers Can’t Afford to Skip It
NewsMar 10, 2026

MATS Is Three Weeks Away – Here Is Why Small Carriers Can’t Afford to Skip It

Mid-America Trucking Show (MATS) returns to Louisville March 26‑28, 2026, drawing over 70,000 professionals and 1,000 exhibitors. The article argues that small carriers cannot afford to skip the event because the relationships forged there replace the extensive infrastructure of larger...

By FreightWaves
The Real Barrier to Driverless Trucks Is No Longer Software
NewsMar 10, 2026

The Real Barrier to Driverless Trucks Is No Longer Software

A new Telemetry report argues that driverless trucking has outgrown software development and now faces a manufacturing bottleneck. Retro‑fitted autonomous trucks, while quick to prototype, suffer from inconsistent quality, high costs, and limited after‑sales support. The report recommends factory‑built Level 4...

By FreightWaves
Texas Carrier Serna’s Trucking Files for Chapter 11 Bankruptcy
NewsMar 9, 2026

Texas Carrier Serna’s Trucking Files for Chapter 11 Bankruptcy

Serna’s Trucking LLC, a San Marcos‑based carrier founded in 2006, filed a voluntary Chapter 11 petition in the Western District of Texas. The filing lists debts under $3.4 million, qualifying it for a small‑business restructuring, and assets of roughly $545 k, dominated...

By FreightWaves
Kelly: U.S. Maritime ‘Critical’ to National, Economic Security
NewsMar 9, 2026

Kelly: U.S. Maritime ‘Critical’ to National, Economic Security

Senator Mark Kelly is championing the bipartisan SHIPS for America Act, a 300‑page proposal aimed at overhauling the United States’ maritime strategy, rebuilding shipbuilding capacity, and creating a skilled workforce. The legislation highlights that more than 80% of U.S. imports...

By FreightWaves
They’re Selling You a Feeling – What the Trucking Industry’s Marketing Machine Doesn’t Want You to Know
NewsMar 9, 2026

They’re Selling You a Feeling – What the Trucking Industry’s Marketing Machine Doesn’t Want You to Know

John Landrum, VP of Marketing at OTR Solutions, warns that small trucking carriers are bombarded with aggressive outreach the moment they apply for a DOT number, creating a false sense of urgency. He argues that many early‑stage decisions—such as choosing...

By FreightWaves
The Recovery Was Finally Within Reach – Rising Fuel Costs May Have Just Pushed It Back Out
NewsMar 9, 2026

The Recovery Was Finally Within Reach – Rising Fuel Costs May Have Just Pushed It Back Out

After three years of a freight recession, the trucking industry saw a tentative recovery in early 2026 as spot rates rose and excess capacity fell, prompting optimism among carriers. However, a sharp surge in crude oil to over $100 per...

By FreightWaves
Borderlands Mexico: Authorities Move to Cancel Permits for 350 Mexican Steel Importers
NewsMar 8, 2026

Borderlands Mexico: Authorities Move to Cancel Permits for 350 Mexican Steel Importers

Mexican authorities have suspended import activities and begun canceling permits for 350 steel‑importing firms as part of Operation Clean‑Up, a coordinated crackdown on smuggling and misuse of trade programs. The Ministry of Economy flagged these companies among 750 firms suspected...

By FreightWaves
White Paper: 7 Reasons Security Guards Aren’t Enough Protection
NewsMar 6, 2026

White Paper: 7 Reasons Security Guards Aren’t Enough Protection

The white paper highlights that relying solely on security guards leaves critical blind spots in trucking yards and terminals, exposing cargo to theft. It identifies seven specific gaps, supported by industry statistics that show rising risk across logistics sites. The...

By FreightWaves
Trucking Jobs Post Slight Decline in Unexpected Total Payroll Drop
NewsMar 6, 2026

Trucking Jobs Post Slight Decline in Unexpected Total Payroll Drop

The February nonfarm payroll report showed an unexpected 92,000‑job decline, with truck transportation employment slipping by 500 to 1,462,500 positions. This marks a 22,100‑job shortfall compared with a year earlier and a net loss of 4,700 jobs since December. Warehouse...

By FreightWaves
The Rise of ‘Vibe Coding’ and What that Means for FreightTech
NewsMar 6, 2026

The Rise of ‘Vibe Coding’ and What that Means for FreightTech

The logistics sector is entering a "vibe coding" era where elegant software is easy to build, shifting competitive advantage from pure code to technology‑native business models. Floating Point Advisors, led by former Oscar Health founder John Loser, is backing early‑stage...

By FreightWaves
Redwood Logistics Acquires Laredo Customs Broker EELCO
NewsMar 6, 2026

Redwood Logistics Acquires Laredo Customs Broker EELCO

Redwood Logistics has acquired Laredo‑based customs broker and warehousing provider EELCO, adding licensed customs brokerage, foreign‑trade‑zone (FTZ) warehousing and a 250,000‑sq‑ft facility to its cross‑border unit Redwood Mexico. EELCO contributes more than three decades of U.S.–Mexico customs expertise and handled...

By FreightWaves
Intermodal Lags Carloads in Latest U.S. Rail Freight Data
NewsMar 6, 2026

Intermodal Lags Carloads in Latest U.S. Rail Freight Data

U.S. rail carriers posted a modest 1.6% rise in total traffic for the week ending Feb. 28, reaching 516,729 carloads and intermodal units. Carloads jumped 6.9% driven by a 20% surge in grain shipments, while petroleum, chemicals and metallic ores also...

By FreightWaves
Panel’s Message: In Order to Survive Tough Trucking Market, Don’t Overlook Data
NewsMar 5, 2026

Panel’s Message: In Order to Survive Tough Trucking Market, Don’t Overlook Data

At the TCA annual convention, mid‑size carrier executives emphasized that data and benchmarking are essential to survive the current freight recession. They praised the TCA Profitability Program (TPP) for delivering granular cost insights, from lumper payments to driver‑level profit statements....

By FreightWaves
SONAR Launches New Geopolitical Alert and Fuel Dashboards to Help Supply Chains Navigate Iran Conflict Volatility
NewsMar 5, 2026

SONAR Launches New Geopolitical Alert and Fuel Dashboards to Help Supply Chains Navigate Iran Conflict Volatility

SONAR introduced two platform enhancements—a Geopolitical Alert on its Executive Dashboard and a Fuel Dashboard within Truckload Insights—to give logistics professionals real‑time visibility into Iran‑related conflict risks and energy price swings. The Geopolitical Alert supplies immediate context, curated resources, and...

By FreightWaves
54% of Distributors Seek Demand Forecasting Overhaul in 2026, Report Finds
NewsMar 5, 2026

54% of Distributors Seek Demand Forecasting Overhaul in 2026, Report Finds

A new Phocas Software report shows 54% of wholesale distributors will overhaul demand forecasting in 2026, seeking more precise, data‑driven inventory control. Nearly half (45%) plan to increase data and warehouse automation, while one‑third aim to deepen product and customer...

By FreightWaves
Fleet Buying Spree Signals Trucking Down-Cycle May Be Turning
NewsMar 5, 2026

Fleet Buying Spree Signals Trucking Down-Cycle May Be Turning

North American fleets placed 47,200 Class 8 truck orders in February, a 159% year‑over‑year jump and the strongest monthly total since September 2022. The surge, driven by both on‑highway and vocational demand, marks the third consecutive month of double‑digit YoY growth. Analysts...

By FreightWaves
Wabash Launches Cargo Assurance Solution to Help Prevent Theft Before It Occurs
NewsMar 5, 2026

Wabash Launches Cargo Assurance Solution to Help Prevent Theft Before It Occurs

Wabash unveiled a cargo‑assurance platform at Manifest 2026 that turns the trailer into a secure, connected system, leveraging its 2025 TrailerHawk.AI acquisition. The solution combines a physical lock, a mobile app digital seal, and multi‑factor driver, tractor, carrier and insurance...

By FreightWaves
Why an Obscure Rail Tax Credit Should Matter to Truckers
NewsMar 5, 2026

Why an Obscure Rail Tax Credit Should Matter to Truckers

Railroads gathered on Capitol Hill to push a modernized 45G tax credit, which reimburses 40% of rail infrastructure spending up to $3,500 per mile. The industry cites more than $8 billion in investments and a 50% reduction in derailments since the...

By FreightWaves
Target Begins Roll Out of Next-Day Delivery to 20 More Cities
NewsMar 4, 2026

Target Begins Roll Out of Next-Day Delivery to 20 More Cities

Target Corp. announced it will extend its next‑day delivery service to 20 additional metropolitan areas, pushing the total number of cities offering the option to more than 50 and covering roughly 60% of the U.S. population. The rollout is part...

By FreightWaves
Fraud First: Why ‘Broker Transparency’ Misses the Mark
NewsMar 4, 2026

Fraud First: Why ‘Broker Transparency’ Misses the Mark

The article contends that the FMCSA’s push to tighten broker transparency under 49 CFR 371.3 misses the larger problem of freight fraud, which has generated over 80,000 complaints. It traces the rule’s origins to a 1949 ICC mandate and its...

By FreightWaves
Old Dominion ‘Encouraged’ as Declines Moderate in February
NewsMar 4, 2026

Old Dominion ‘Encouraged’ as Declines Moderate in February

Old Dominion Freight Line reported a 3.3% year‑over‑year decline in revenue per day for February, an improvement over the 6.8% drop in January. Tonnage fell 6.8% YoY and daily shipments slipped 7%, while weight per shipment rose 0.2% and yield...

By FreightWaves
DHL Express Workers Threaten Strike if No Contract by March 31
NewsMar 4, 2026

DHL Express Workers Threaten Strike if No Contract by March 31

Teamsters members at DHL Express voted 96% to authorize a strike if the national master agreement isn’t renewed by March 31, 2026. The contract, covering thousands of drivers and warehouse workers across 16 states, is set to expire and the union is...

By FreightWaves
Torc Robotics Takes Autonomous Trucks Into Michigan’s Snow and Ice
NewsMar 4, 2026

Torc Robotics Takes Autonomous Trucks Into Michigan’s Snow and Ice

Torc Robotics is extending its autonomous‑truck program to Michigan, testing the latest Freightliner Cascadia‑based chassis on snow, ice and rain‑slicked roads. The initiative marks a strategic shift from the Sun Belt corridors that dominate the industry, allowing Torc to validate...

By FreightWaves
Next Step in a Peaceful 10-Hour Truck Driver Rest Period: Lithium Batteries
NewsMar 4, 2026

Next Step in a Peaceful 10-Hour Truck Driver Rest Period: Lithium Batteries

Dragonfly Energy showcased its lithium‑iron‑phosphate battery‑powered auxiliary power unit (APU) at the Truckload Carriers Association meeting, targeting the 10‑hour mandatory rest period for drivers. The battery, charged by the truck’s alternator, can run the sleeper‑cab’s heating, cooling and electricity without...

By FreightWaves
Laredo Secures $58M Rail Grant to Speed up Texas Border Freight
NewsMar 3, 2026

Laredo Secures $58M Rail Grant to Speed up Texas Border Freight

Texas Transportation Commission awarded $160.4 million from the new Off‑System Rail Grade Separation State Fund, with Laredo receiving the largest share of $58.51 million for a CPKC grade‑separation project on Santa Maria Boulevard. The grant will eliminate at‑grade crossings in one of...

By FreightWaves
Florida’s Fields Are Hurting – What That Means for Reefer Freight Right Now
NewsMar 3, 2026

Florida’s Fields Are Hurting – What That Means for Reefer Freight Right Now

Florida experienced an unprecedented freeze from late December 2025 through early February 2026, inflicting over $3 billion in agricultural losses. Key commodities such as tomatoes, squash, and bell peppers saw up to 50% crop loss, while strawberries, blueberries, and citrus also...

By FreightWaves
Borderlands Mexico: Canada, Mexico Draw Record Foreign Investment in 2025
NewsMar 1, 2026

Borderlands Mexico: Canada, Mexico Draw Record Foreign Investment in 2025

Canada and Mexico posted record foreign direct investment in 2025, underscoring North America’s growing role as a manufacturing hub. Canada received $96.8 billion, the strongest inflow in 18 years, while Mexico attracted a historic $40.87 billion, a 10.8% year‑over‑year rise. U.S. investors...

By FreightWaves
Why Is the Midwest the Most Volatile Region in the U.S.?
NewsMar 1, 2026

Why Is the Midwest the Most Volatile Region in the U.S.?

The Midwest has become the most volatile U.S. trucking region over the past six months, with tender rejection rates consistently 4‑5 percentage points higher than any other area. A disproportionate share of refrigerated shipments—30% to 35% of all outbound reefer—tightens...

By FreightWaves
FMCSA Spotlights Trucking’s Multi-Million Dollar Insurance Gap
NewsFeb 27, 2026

FMCSA Spotlights Trucking’s Multi-Million Dollar Insurance Gap

The Federal Motor Carrier Safety Administration’s 2026 report warns that the trucking industry faces a massive insurance gap. While the number of active interstate carriers fell to 456,227, the median "nuclear" verdict for crashes jumped to $51 million, far exceeding the...

By FreightWaves
Matson Q4 Ocean Profit Stable
NewsFeb 27, 2026

Matson Q4 Ocean Profit Stable

Matson reported marginally weaker fourth‑quarter results as container volumes slipped 2.3% year‑over‑year, driven by a 7.2% drop in China shipments amid ongoing trade‑war pressures. Ocean operating income dipped to $136 million on revenue of $704.2 million, but the company was partially offset...

By FreightWaves
Maersk Pulls U.S., Other Sailings From Red Sea
NewsFeb 27, 2026

Maersk Pulls U.S., Other Sailings From Red Sea

Maersk announced it will reroute several U.S. and other services from the Red Sea to the Cape of Good Hope, citing unforeseen security constraints in the region. The changes affect both ME11 and MECL routes, with one westbound and two...

By FreightWaves
Feds Renew Wilson Logistics Waiver, Launch Training Data Inquiry
NewsFeb 26, 2026

Feds Renew Wilson Logistics Waiver, Launch Training Data Inquiry

The Federal Motor Carrier Safety Administration (FMCSA) has renewed Wilson Logistics' exemption allowing commercial learner’s permit (CLP) holders to serve as team drivers without a front‑seat trainer, extending the waiver through February 2031. The renewal adds a 30‑day limit on...

By FreightWaves
Project44 Launches AI Agent to Automate Freight Procurement
NewsFeb 26, 2026

Project44 Launches AI Agent to Automate Freight Procurement

Project44 has introduced an AI Freight Procurement Agent within its Intelligent Transportation Management System to automate carrier selection, rate benchmarking, and negotiations across multiple modes. The agent replaces periodic bid cycles with continuous, AI‑driven sourcing using live market data, and...

By FreightWaves
Cass, Caspian Partner to Tackle Tariff Costs
NewsFeb 26, 2026

Cass, Caspian Partner to Tackle Tariff Costs

Cass Information Systems announced a partnership with AI‑enabled tariff specialist Caspian to embed advanced customs audit and refund capabilities into its freight‑payment platform. The integration adds AI‑driven HTS modeling, detailed audit functions, and support for post‑summary corrections, protests, and duty‑drawback...

By FreightWaves
Samsara Releases Latest-Generation Asset Tag and New Asset Tag XS
NewsFeb 26, 2026

Samsara Releases Latest-Generation Asset Tag and New Asset Tag XS

Samsara unveiled a next‑generation Bluetooth asset tag and a smaller Asset Tag XS, expanding its IoT tracking portfolio for fleet equipment managers. The tags run on an enhanced Samsara Network that now incorporates Hubble’s 90 million‑device consumer smartphone mesh, boosting indoor...

By FreightWaves
From Sharpies to Vinyl: The Professionalization of Truck Identity in Cargo Theft
NewsFeb 26, 2026

From Sharpies to Vinyl: The Professionalization of Truck Identity in Cargo Theft

Cargo thieves are moving from hand‑written signs to quickly produced vinyl decals that give trucks a convincing, temporary identity. These disposable decals can be applied and removed within hours, allowing fraudsters to look legitimate long enough to steal freight and...

By FreightWaves
Cold Storage Market Working Off Oversupply
NewsFeb 25, 2026

Cold Storage Market Working Off Oversupply

Lineage reported flat Q4 revenue of $1.34 billion and a modest $6 million net profit as the cold‑storage market works through a 10% oversupply. New refrigerated space expanded 14.5% from 2021‑2025, while demand rose only 5%, creating a capacity gap that is...

By FreightWaves
After 2019 Flood, Arkansas Port Gets $8M for Rebuild
NewsFeb 25, 2026

After 2019 Flood, Arkansas Port Gets $8M for Rebuild

The Arkansas River port, devastated by the 2019 flood, secured an $8.1 million federal grant to modernize its facilities and expand rail capacity. Operator Five Rivers Distribution will construct three 30,000‑square‑foot warehouses to handle freight arriving by rail. The city’s port...

By FreightWaves
BMO’s Quarterly Earnings Suggest Truck Credit Might Be Improving
NewsFeb 25, 2026

BMO’s Quarterly Earnings Suggest Truck Credit Might Be Improving

BMO’s first‑quarter 2026 earnings show a modest reversal in trucking‑related credit stress, with gross impaired loans falling to C$563 million and provisions dropping to $39 million. At the same time, allowances for credit losses rose to $77 million and the net transportation loan...

By FreightWaves