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Craig Fuller comes from a legacy trucking family. He's also the CEO and founder of Freightwaves, the Bloomberg of logistics. So, Craig's the perfect guy to write an accessible primer on supply chains, which is exactly what he's done. He came on the show to talk about the new book, Moving the World: How the Supply Chain's Evolution Affects Us All (which you can pre-order here!). We dig into what the Covid crisis taught us about supply chains, why reshoring makes sense both economically and strategically, and how supply chains and the grid are similar. Nuclear Barbarians is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Nuclear Barbarians at www.nuclearbarbarians.com/subscribe
Following the regulatory changes that led to a 30% drop in express volumes from China/Hong Kong, DHL surges customs agent hiring as new tariffs confuse importers. Despite sourcing diversification driving double-digit growth from countries like Vietnam and Mexico, DHL Express is forecasting an unusually muted peak season lift of just 20% to 25%, down significantly from the typical 40% to 50% jump. Domestically, we dive into the contentious legal battle over California's Advanced Clean Trucks Rule (ACT) as the Federal goverment fires back in court over California waiver cancellation. Owner-operators, who face astronomical repair costs like $21,000 for emissions equipment on a $30,000 truck, argue that these standards dramatically drive up operating expenses, leading major associations to back regulatory rollbacks, as noted in Truckers back Trump's emissions rollback at EPA. The soft freight market highlights the intense need for financial agility, illustrated by a recent small carrier filing for Chapter 11, where their lawyer stressed that the cash needed for operations “doesn't generate itself”. This scenario emphasizes why the reliance on factoring services is now a critical lifeline for many smaller outfits struggling in the current economic environment, as detailed in Small carrier's bankruptcy spells out need for factoring. We examine how the annual corn harvest creates a short but lucrative peak season for Midwestern carriers, relying heavily on the FMCSA agricultural commodity exemption to maximize hours and earnings, as explored in How the corn harvest season changes freight networks across the Midwest. Finally, we analyze the structural shifts impacting the rails following the Union Pacific/Norfolk Southern proposed merger, where a union job guarantee meant to secure support is being widely warned against by former executives, as heard in Rail merger: Lifetime job is great “until you are stuck in it”. Learn more about your ad choices. Visit megaphone.fm/adchoices
In “How Tive is Making Supply Chain Safer and Smarter”, Joe Lynch and Richie Daigle, Enterprise Account Executive at Tive, discuss how Tive's comprehensive solution of hardware, software, and 24/7 monitoring provides real-time, end-to-end visibility for sensitive and high-value cargo to prevent theft, damage, and spoilage through data-driven decisions and proactive intervention. About Richie Daigle Richie Daigle has an extensive experience in the transportation and supply chain data visibility space—from podcast host to blog writer to all-around industry resource. Richie actively listens to what his customers need and helps them identify the best use case to suit their needs. Prior to Tive, Richie was the SONAR Enterprise Account Executive at FreightWaves, where he was the only account executive to meet quota two years in a row. In his younger days, Richie was a pitcher in the San Diego Padres system: from 2005 until 2008, he played for the Lake Elsinore Storm (CA) and Portland Beavers in the minor leagues. The skills he learned playing baseball—including character traits such as honesty, integrity, loyalty, perseverance, self-control, and personal initiative—continue to drive Richie to this day. About Tive Founded in 2015, Tive is the global leader in supply chain and logistics visibility solutions. More than 1,000 global shippers, logistics service providers, and retailers use Tive to monitor shipment location and condition in real time, gain actionable insights, and ensure end-customer satisfaction. Tive's cloud platform, patented sensor technology, and 24/7 Live Monitoring services reduce excursions and delays, minimize rejected loads, and decrease theft, damage, and spoilage. Customers count on Tive to ensure that shipments are delivered on time and in full—because every shipment matters. For more information, visit www.tive.com. Key Takeaways: How Tive is Making Supply Chain Safer and Smarter Focus on Sensitive and High-Value Cargo: Tive's solutions are tailored for industries where shipment integrity is critical, including perishable goods like produce, pharmaceuticals, and high-value freight that is susceptible to theft. Comprehensive Condition Monitoring: The Tive tracker goes beyond location tracking to provide crucial data on the environmental conditions of a shipment, including temperature, humidity, shock/drop, and light. Proactive Security: Instead of just reacting to issues, Tive's layered solution provides real-time alerts that allow businesses to intervene and prevent problems—like theft, spoilage, or damage—before they escalate. The Tive Solution is a Trio of Components: Tive provides a complete solution that combines three essential elements: compact tracker hardware, a robust cloud-based software platform for insights, and a dedicated team for 24/7 live monitoring. Preventing Cargo Theft: By providing continuous visibility, data, and proactive alerts, Tive's solutions are a powerful tool against cargo theft, helping to identify suspicious activity and deter criminals. End-to-End Visibility: The combination of hardware, software, and live monitoring ensures a comprehensive, end-to-end view of the shipment's entire journey, from origin to destination. Empowering Data-Driven Decisions: The data collected by Tive's sensors gives businesses the insights needed to make informed decisions, optimize their supply chains, and improve overall operational efficiency. Learn More About Supply Chain Safer and Smarter with Richie Daigle Richie Daigle | Linkedin Tive | Linkedin Tive The State of Visibility 2025 report How Pharma Supply Chain Leaders are Mitigating Rising Security Risks with Visibility Technology The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
On this episode of WHAT THE TRUCK?!?, host Malcolm Harris is joined by the “freight sensei” himself, Thomas Wasson. The two dive into a wide-ranging conversation that blends industry insights with personal stories from Thomas's career in logistics. They cover everything from Tesla's latest autopilot lawsuits and the future of autonomous trucking , to how companies like Outpost are scaling up terminal networks to handle billions in freight . Thomas also unpacks why trailers are the unsung heroes of supply chains , the potential ripple effects of major rail mergers , and what driver appreciation really means in an industry that stops the world without them. Along the way, Thomas reflects on his own journey—from struggling as a new broker to building startups and finding his voice at FreightWaves. It's a mix of freight tech, hard-earned lessons, and the human side of trucking that you won't want to miss. Watch on YouTube Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts #WHATTHETRUCK #FreightNews #supplychain Learn more about your ad choices. Visit megaphone.fm/adchoices
On this episode of WHAT THE TRUCK?!?, host Malcolm Harris is joined by the “freight sensei” himself, Thomas Wasson. The two dive into a wide-ranging conversation that blends industry insights with personal stories from Thomas's career in logistics.They cover everything from Tesla's latest autopilot lawsuits and the future of autonomous trucking , to how companies like Outpost are scaling up terminal networks to handle billions in freight . Thomas also unpacks why trailers are the unsung heroes of supply chains , the potential ripple effects of major rail mergers , and what driver appreciation really means in an industry that stops the world without them .Along the way, Thomas reflects on his own journey—from struggling as a new broker to building startups and finding his voice at FreightWaves. It's a mix of freight tech, hard-earned lessons, and the human side of trucking that you won't want to miss. Watch on YouTube Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts #WHATTHETRUCK #FreightNews #supplychain Learn more about your ad choices. Visit megaphone.fm/adchoices
The freight market continues to shift under the weight of economic stagnation, unpredictable demand patterns and industry headwinds. As we move into peak season, the question remains: What comes next? Join Craig Fuller, Founder & CEO at FreightWaves, and Zach Strickland, Head of Freight Market Intelligence at SONAR for this month's State of Freight, presented by Triumph, as they discuss: - Economic Pressures: How ongoing stagnation is reshaping freight dynamics- Peak Season Outlook: A refined read on what shippers and carriers should really expect- Market Wild Cards: The external forces that could send the industry in a new direction Whether you're planning capacity, managing spend, or assessing risk, this discussion will help you stay one step ahead of market uncertainty. Follow the Freightonomics Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
The freight market continues to shift under the weight of economic stagnation, unpredictable demand patterns and industry headwinds. As we move into peak season, the question remains: What comes next? Join Craig Fuller, Founder & CEO at FreightWaves, and Zach Strickland, Head of Freight Market Intelligence at SONAR for this month's State of Freight, presented by Triumph, as they discuss: - Economic Pressures: How ongoing stagnation is reshaping freight dynamics- Peak Season Outlook: A refined read on what shippers and carriers should really expect- Market Wild Cards: The external forces that could send the industry in a new direction Whether you're planning capacity, managing spend, or assessing risk, this discussion will help you stay one step ahead of market uncertainty. Follow the Freightonomics Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
CSX CEO Joe Hinrichs challenges the long-standing obsession with operating ratios and pushes for volume growth, especially in high-potential areas like intermodal. He believes railroads can achieve both high profit margins and volume growth, emphasizing interline partnerships as a critical strategy to access new markets and improve service. Global trade winds are literally shifting freight patterns, with China drastically reducing its U.S. soybean imports due to trade tensions and retaliatory tariffs. This significant decrease in exports is creating a substantial drop in freight demand, particularly affecting Midwest states and potentially leading to job losses across trucking, rail, and port operations. High-stakes trade negotiations between the U.S. and South Korea, involving a proposed $350 billion South Korean investment fund aimed at underwriting U.S. shipbuilding, manufacturing, and other critical development. Despite reported stalls in discussions over foreign exchange markets and recent tensions, strategic commitments like Hanwha Group's $5 billion investment in a Philadelphia shipyard highlight re-industrialization efforts. At home, the Ports of Los Angeles and Long Beach are showing positive trends, reporting improved truck and rail dwell times in August 2025. This reflects strong coordination between terminals, trucking partners, and railroads, ensuring supply chains remain reliable during peak shipping season despite high cargo volumes. Uber Freight has launched its Dedicated EV Fleet Accelerator Program in partnership with Tesla. This program aims to overcome major adoption barriers for electric trucks by offering subsidized access to Tesla Semi-trucks, guaranteed freight demand, and direct operational support. We also address recent operational realities, including the temporary outage of critical FMCSA public data, which underscored the absolute importance of timely and accessible information for trucking safety and compliance. Finally, the ongoing liquidation of Yellow Corp. continues to reshape the LTL landscape, with over 200 service centers sold for nearly $2.4 billion, significantly realigning physical assets and market capacity. Learn more about your ad choices. Visit megaphone.fm/adchoices
Voice Of GO(r)D is very happy to bring you a conversation with Tamie Sue Stuttle of the advocacy organization Real Women in Trucking, where we discuss many of the usual problems facing truckers, and one in particular that is of import to Lady Truckers.Due to the intransigence of certain of the biggest trucking companies in the country, and their reliance on a wicked and evil training model, a study examining Sexual Abuse and Sexual Harassment in the industry was recently cancelled.As reported on by John Gallagher at FreightWaves not two weeks ago -The Trump administration has canceled a study aimed at addressing sexual harassment and rape in the trucking industry, according to one of the study's developers.“We all put a lot of time and attention into this, and just got an email yesterday telling us not to do any more work, that we've been cancelled,” Anne Balay, a member of the working group overseeing the project, told FreightWaves.“Everyone knows rape and sexual harassment are incredibly common in this industry, and this was an attempt to do an actual study that would have led to suggestions on how to address it and make the industry safer. But it was canceled not to save money – the money had already been spent – but to prevent the results from getting out to the public, ensuring now nothing gets done to change the industry and make it safer for women.”A screenshot of a notice from the administration states that the decision to terminate the study “is because the government's priorities have shifted and this project no longer meets our needs.”As Tamie and I discuss the cancellation, it appears that it is not the governments needs they are concerned with, but those of the members of the American Trucking Association, whose ‘Team Training' programs would be exposed to the scrutiny they need by this study, and possibly bring this stupid training method, and all of the sexual abuse it leads to for women, into the public eye. And, perhaps, result in it being made illegal - which is the correct action, to our minds.Tamie and I also discuss various other issues relevant to woman behind the wheel, and every other trucker out on the road, including a recent study from the ATA's research arm which suggests that more felons be recruited into trucking. What about those convicted of sexual crimes who would now be a problem for women truckers?You can find Tamie on Twitter - https://x.com/tamiesue2Tamie's own podcast - https://truckinwithtamie.com/The canceled SASH study at FMCSA - https://www.fmcsa.dot.gov/research-and-analysis/cmv-driver-sexual-assault-and-sexual-harassment-sashhttps://www.realwomenintrucking.org/Driver Documentary FilmPetition to re-instate the SASH Study -https://www.change.org/p/reinstate-the-fmcsa-study-on-sexual-assault-and-harassment-in-truckingThe disgusting White Paper from ATRI encouraging the recruitment of dangerous ex-cons and Foster Children into trucking -https://truckingresearch.org/2025/07/new-atri-research-highlights-evolving-truck-driver-demographics/Questions, comments, suggestions, corrections and Hate Mail are always welcomed and strongly encouraged - gordilocks@protonmail.com
Nearshoring organizations have invested heavily in operations at the border between the U.S. and Mexico, but what if the real opportunities were further south? Jordan Dewart, president of Redwood Mexico joins FreightWaves' Mary O'Connell to break down why Central Mexico could be the best destination for organizations looking to expand in Mexico. Learn more about your ad choices. Visit megaphone.fm/adchoices
Planning infrastructure around increased trade volumes can be tricky. Jerry Maldonado, Director of Laredo & Mexico Operations for Warren Transport and FreightWaves' Mary O'Connell break down the planning and infrastructure changes at the border and surrounding areas to improve efficiency. Learn more about your ad choices. Visit megaphone.fm/adchoices
Tony Pelli, Practice Director of Security & Resilience at BSI Consulting and FreightWaves' Mary O'Connell break down the evolving cargo security landscape in Canada and Mexico. From shifting theft patterns and seasonal risk factors to the differences compared to the U.S., Pelli provides a sharp look at what companies need to know to keep freight moving safely across borders. Learn more about your ad choices. Visit megaphone.fm/adchoices
Foreign Trade Zones (FTZs) are designated areas within the U.S. where businesses can operate with special customs benefits. But FTZs aren't just about storing goods — they can be powerful tools for reducing import costs and streamlining processes. Jorge Canavati, Principal of J. Canavati & Co. LLC, and FreightWaves' Noi Mahoney discuss the advantages and strategic uses of FTZs in international trade. Learn more about your ad choices. Visit megaphone.fm/adchoices
Structure is key for building strong cross border operations. Sunset Transportation's Justin Danks and FreightWaves' Mary O'Connell break down the importance of building a strong process and being proactive when it comes to success in cross border freight. Learn more about your ad choices. Visit megaphone.fm/adchoices
The future of US-Mexico trucking could include everything from automation, real-time tracking, smart cameras and biometric identity authentication for drivers. Carriers that can shift gears early and adopt emerging technology will enjoy an edge. Matt Silver, CEO of Cargado, and FreightWaves' Noi Mahoney discuss technology's growing impact on cross-border freight. Learn more about your ad choices. Visit megaphone.fm/adchoices
Cross border freight has a crucial role in the North American supply chain, and not having a risk management plan is no longer an option. Mark Vickers, Executive Vice President & Head of International Logistics at Reliance Partners, and FreightWaves' Mary O'Connell break down how cargo liability insurance is different for cross border shipments and how not having a risk management strategy in place is a costly misstep. Learn more about your ad choices. Visit megaphone.fm/adchoices
On this episode of Loaded and Rolling, host Thomas Wasson sits down with Steve Oliver, VP of Sales and Marketing at Taylor & Martin Auctioneers, to explore the evolving world of truck and trailer auctions. From the shift to online broadcast auctions and their nationwide reach, to the strategies fleets use to maximize equipment value, Oliver breaks down why auctions are a critical pillar in the remarketing process. Discover how specialization, transparency, and strong buyer networks give fleets—from single-unit owner-operators to major carriers—a competitive edge in today's market. Would you like me to make this punchier for a podcast platform (shorter, more dynamic), or keep it more professional and industry-focused for the FreightWaves site? Learn more about your ad choices. Visit megaphone.fm/adchoices
Container rates remained largely unchanged last week despite a drop in freight volumes on most major trade routes. Rates from Asia to the US West Coast ports held steady at $1,700 per FEU, and $2,700 per FEU to East Coast ports, as carriers grapple with demand ahead of China's Golden Week. You can read more about this in "Ocean rates unchanged even as freight volumes decline - FreightWaves". Six individuals were arrested in Louisiana for a scheme to falsely issue Class A Commercial Driver's Licenses without applicants completing the required tests. This conspiracy involved bribes to pass both the knowledge and skills tests, with all six facing charges including conspiracy to commit honest services wire fraud. Learn more about this in "Louisiana scheme to obtain class A CDLs without passing tests snags six in sweeping indictment - FreightWaves". A significant contract dispute continues between Canada Post and the union representing 50,000 mail carriers, with no agreement reached since their last meeting in May. Canada Post recently reported its largest-ever quarterly loss of US$294 million pre-tax for the second quarter, stating the union's counter-offer does not address necessary structural changes. For further details, see "Canada Post and union contract divide widens - FreightWaves". Finally, nominations are currently open for the Shipper of Choice Award until September 30th, with winners to be announced on October 20th, ahead of the F3 festival. You can also register for the F3 event in Chattanooga, Tennessee, on October 21st and 22nd, and a free Cross-Border Summit on September 10th, by visiting live.freightwaves.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
Container rates remained largely unchanged last week despite a drop in freight volumes on most major trade routes. Rates from Asia to the US West Coast ports held steady at $1,700 per FEU, and $2,700 per FEU to East Coast ports, as carriers grapple with demand ahead of China's Golden Week. You can read more about this in "Ocean rates unchanged even as freight volumes decline - FreightWaves". Six individuals were arrested in Louisiana for a scheme to falsely issue Class A Commercial Driver's Licenses without applicants completing the required tests. This conspiracy involved bribes to pass both the knowledge and skills tests, with all six facing charges including conspiracy to commit honest services wire fraud. Learn more about this in "Louisiana scheme to obtain class A CDLs without passing tests snags six in sweeping indictment - FreightWaves". A significant contract dispute continues between Canada Post and the union representing 50,000 mail carriers, with no agreement reached since their last meeting in May. Canada Post recently reported its largest-ever quarterly loss of US$294 million pre-tax for the second quarter, stating the union's counter-offer does not address necessary structural changes. For further details, see "Canada Post and union contract divide widens - FreightWaves". Finally, nominations are currently open for the Shipper of Choice Award until September 30th, with winners to be announced on October 20th, ahead of the F3 festival. You can also register for the F3 event in Chattanooga, Tennessee, on October 21st and 22nd, and a free Cross-Border Summit on September 10th, by visiting live.freightwaves.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week, we dive into the pivotal shifts creating a complex and challenging freight landscape. We start at the U.S.-Mexico border, where a fascinating paradox is unfolding: U.S. tariffs are leading to job losses in the maquiladora industry, even as wages and foreign investment hit record highs. Then, we shift tracks to the rail industry, where Warren Buffett's BNSF is rejecting the mega-merger trend, creating a strategic split among Class I railroads. We also cover urgent regulatory changes, including the sudden elimination of the de minimis exemption that's throwing international parcel shipping into chaos, and the federal crackdown on trucker compliance that comes with multi-million dollar penalties. Finally, we break down why trans-Pacific ocean rates have plummeted to pre-Red Sea crisis lows, despite ongoing geopolitical risks. This is your essential guide to the interconnected forces that will define your operational strategy. Learn more about your ad choices. Visit megaphone.fm/adchoices
A decade-long misclassification lawsuit involving NFI drivers is being settled for over $5 million. This landmark case could see individual payouts ranging from $30,000 to more than $50,000 for eligible drivers, as detailed in this comprehensive report: NFI driver misclassification case in New Jersey could reach individual payouts of $50k. We also cover global postal operators suspending parcel services to the U.S. due to new de minimis rules and airline embargoes. Learn why many European and Asian postal services are pausing or restricting shipments to the U.S. in this in-depth article: Global postal operators suspend parcel service to US. Stay informed on significant leadership changes at South Carolina Ports, with CEO Barbara Melvin resigning after nearly 30 years to pursue new personal and professional opportunities. Discover more about her impactful tenure, including the Port of Charleston becoming the busiest southern port on the U.S. East Coast, and the port's record performance in fiscal year 2025 here: South Carolina ports chief resigns, citing ‘personal reasons'. Don't miss FreightWaves TV's What the Truck?!? Live at noon today and be sure to register for the upcoming Cross Border Logistics Summit at the beginning of September. Additionally, you can secure your tickets for the Future of Freight Festival happening this October in Chattanooga, all part of the extensive FreightWaves event offerings. Learn more about your ad choices. Visit megaphone.fm/adchoices
A decade-long misclassification lawsuit involving NFI drivers is being settled for over $5 million. This landmark case could see individual payouts ranging from $30,000 to more than $50,000 for eligible drivers, as detailed in this comprehensive report: NFI driver misclassification case in New Jersey could reach individual payouts of $50k. We also cover global postal operators suspending parcel services to the U.S. due to new de minimis rules and airline embargoes. Learn why many European and Asian postal services are pausing or restricting shipments to the U.S. in this in-depth article: Global postal operators suspend parcel service to US. Stay informed on significant leadership changes at South Carolina Ports, with CEO Barbara Melvin resigning after nearly 30 years to pursue new personal and professional opportunities. Discover more about her impactful tenure, including the Port of Charleston becoming the busiest southern port on the U.S. East Coast, and the port's record performance in fiscal year 2025 here: South Carolina ports chief resigns, citing ‘personal reasons'. Don't miss FreightWaves TV's What the Truck?!? Live at noon today and be sure to register for the upcoming Cross Border Logistics Summit at the beginning of September. Additionally, you can secure your tickets for the Future of Freight Festival happening this October in Chattanooga, all part of the extensive FreightWaves event offerings. Learn more about your ad choices. Visit megaphone.fm/adchoices
On this Thursday, August 21st, hear about the strategic merger between Workhorse Group and Motiv Electric Trucks, which aims to create one of North America's largest medium-duty electric truck original equipment manufacturers (OEMs) by combining their strengths in last-mile delivery and medium-duty vehicles. This all-stock transaction, valued at $5 million to approximately $105 million and expected to close in Q4 2025, is poised to target the $23 billion medium-duty truck market and generate at least $20 million in cost synergies by the end of 2026. Richard Smith, son of FedEx's late founder Fred Smith, has been nominated for the company's board of directors, setting the stage for him to potentially follow in his father's footsteps as CEO. Currently serving as chief operating officer for FedEx Express International and Airline Operations, this nomination is widely seen as a key step in a succession plan, positioning him for increased responsibilities and to continue his father's legacy within the company. Fraud-fighting tech company Highway has secured a strategic growth equity investment for its Carrier Identity platform, led by FTV Capital with additional funding from Lead Edge Capital. This investment aims to expand Highway's product suite and accelerate its growth in the freight brokerage market, providing crucial real-time carrier verification to help brokers combat skyrocketing fraud and improve efficiency within their networks. Finally, don't miss out on upcoming FreightWaves events, including today's August state of freight webinar and the F3: Future of Freight Festival taking place in Chattanooga this October. You can also register for the Crossborder Summit at the very beginning of next month, and be sure to use the code MORNINGMINUTEF325 for a $900 discount on your F3 ticket. Learn more about your ad choices. Visit megaphone.fm/adchoices
On this Thursday, August 21st, hear about the strategic merger between Workhorse Group and Motiv Electric Trucks, which aims to create one of North America's largest medium-duty electric truck original equipment manufacturers (OEMs) by combining their strengths in last-mile delivery and medium-duty vehicles. This all-stock transaction, valued at $5 million to approximately $105 million and expected to close in Q4 2025, is poised to target the $23 billion medium-duty truck market and generate at least $20 million in cost synergies by the end of 2026. Richard Smith, son of FedEx's late founder Fred Smith, has been nominated for the company's board of directors, setting the stage for him to potentially follow in his father's footsteps as CEO. Currently serving as chief operating officer for FedEx Express International and Airline Operations, this nomination is widely seen as a key step in a succession plan, positioning him for increased responsibilities and to continue his father's legacy within the company. Fraud-fighting tech company Highway has secured a strategic growth equity investment for its Carrier Identity platform, led by FTV Capital with additional funding from Lead Edge Capital. This investment aims to expand Highway's product suite and accelerate its growth in the freight brokerage market, providing crucial real-time carrier verification to help brokers combat skyrocketing fraud and improve efficiency within their networks. Finally, don't miss out on upcoming FreightWaves events, including today's August state of freight webinar and the F3: Future of Freight Festival taking place in Chattanooga this October. You can also register for the Crossborder Summit at the very beginning of next month, and be sure to use the code MORNINGMINUTEF325 for a $900 discount on your F3 ticket. Learn more about your ad choices. Visit megaphone.fm/adchoices
Voice Of GO(r)D has convened something of an emergency roundtable in the wake of this horrific tragedy in Florida last week, as much of the reporting on it that's out there is weak, inconsistent, politically motivated, and lacking in substantive context and background.This tragic incident, for those who follow this Substack, or pay close attention to the North American trucking industry, is but one of many in a long line of completely unnecessary and preventable crashes, and the causes of all of these crashes are many, but there are notable through-lines and historical context. The media, along with many online commentators, are trying to pin this on bad immigration policy, which is certainly a component, or the corruption of politicians like Gavin Newsom, which is also a factor, but this is merely to find convenient villains who are a regular feature of life in America in 2025, and to miss all of the other problems; which are, quite frankly, of far more consequence to this incident.To help describe the view of this problem in its entirety from 30,000 feet, I have invited colleagues and former guests of this show to join me in a wide ranging roundtable which tackles all of the angles of this story, to help you make more sense of it and arm yourself with accurate complaints to make to your relevant authorities.Shannon Everett is a co-founder and the public face of American Truckers United. He is, like myself, a trucker who comes from a multi-generational trucking family. Shannon now manages an Arkansas based carrier, and his group has done some incredible research into the suspicious and massive increase of CDLs being issued across America over the past 5 years.You can listen to our previous interview here, and find his very active Twitter here.Danielle Chaffin is the granddaughter and daughter of old school truckers in Tennessee, and she has been a freight broker and a social worker, but is now behind the scenes at a TMS company that helps fleets manage all of their data. She is also an independent researcher into the industry, and writes the excellent Highway Veritas substack, which I quote here often. You can find Danielle's previous appearances on this podcast here and here, and Danielle's prolific and informative Twitter here.Justin ‘Supertrucker' Martin is a former trucker and social media operator, who has held many roles behind the wheel, including hauling high security loads for the United States military, mail for the United States Postal Service, and was once the co-host of the FreightWaves podcast ‘Back The Truck Up'. You can find Justin as a guest on my show here, here, here, and here, and his meme-heavy Twitter account here.For the first time, and for those folks who prefer to watch things online, I have made the video from our roundtable available on YouTube. I'm not a fan of the video format, mostly because I don't have time to watch almost anything, but if you like an assemblage of talking heads, here you go -https://www.youtube.com/watch?v=H5I5mxcYgJII am a few short days away from submitting the rough manuscript for this book, which will likewise describe the insourcing of unskilled and illiterate labor onto our highways, as well as many other issues of consequence during the twilight days of the last American cowboy. https://autonomoustruckers.substack.com/p/book-project-announcement-and-a-majorAs always, questions, comments, suggestions, corrections and Hate Mail are welcomed and strongly encouraged - gordilocks@protonmail.com
Join us for a deep dive into the recent Air Canada labor dispute, an event that unfolded rapidly and sent ripples across the logistics and air freight sectors. From the initial strike announcement by CUP flight attendants on August 13th to the government's controversial intervention and the final tentative agreement reached just days later, we unpack the critical timeline. Discover the immediate and significant impact on air cargo, particularly the massive reduction in 'belly hold' capacity on passenger flights, which normally moves a huge amount of freight like pharmaceuticals and perishable goods. We'll also examine the core disagreements over wages and compensation and how this short-lived but high-impact event exposed the fragility of global supply chains, prompting crucial questions about your contingency plans. Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome to a special episode from Samsara Beyond 25 in San Diego, where FreightWaves' Thomas Wasson explores the future of fleet technology and road safety. In this episode, you'll hear from Frank Kopas, Head of Go-to-Market Strategy at Next Billion AI, a Singapore-headquartered tech company providing API and SDKs for mapping, routing, and navigation. Learn how they tackle complex dynamic route optimization for entire fleets, incorporating real-time events to deliver more accurate ETAs, and navigate unique global routing challenges, from scooters in Asia to hazmat routes. Frank also touches on the role of telematics data and the future of "Math AI" in optimizing routes based on historical data and dispatcher interactions. You'll also hear from Peter Goldwasser, Executive Director of Together for Safer Roads, an international road safety NGO formed by major fleets and tech companies like Samsara. Discover their work on leveraging technology for safer roads, including programs like the "Truck of the Future" for reducing blind zones. Peter shares key insights from their report with Samsara on in-cab cameras, emphasizing their use as a beneficial tool for training and exculpatory evidence to increase adoption. Plus, get a glimpse into new research on distracted driving and the importance of employee incentive programs based on collected data, which can improve both safety and driver retention. Tune in to see how these innovations are driving a more efficient, productive, and safer future for fleet operations! Follow the Loaded and Rolling Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome to a special episode from Samsara Beyond 25 in San Diego, where FreightWaves' Thomas Wasson explores the future of fleet technology and road safety. In this episode, you'll hear from Frank Kopas, Head of Go-to-Market Strategy at Next Billion AI, a Singapore-headquartered tech company providing API and SDKs for mapping, routing, and navigation. Learn how they tackle complex dynamic route optimization for entire fleets, incorporating real-time events to deliver more accurate ETAs, and navigate unique global routing challenges, from scooters in Asia to hazmat routes. Frank also touches on the role of telematics data and the future of "Math AI" in optimizing routes based on historical data and dispatcher interactions. You'll also hear from Peter Goldwasser, Executive Director of Together for Safer Roads, an international road safety NGO formed by major fleets and tech companies like Samsara. Discover their work on leveraging technology for safer roads, including programs like the "Truck of the Future" for reducing blind zones. Peter shares key insights from their report with Samsara on in-cab cameras, emphasizing their use as a beneficial tool for training and exculpatory evidence to increase adoption. Plus, get a glimpse into new research on distracted driving and the importance of employee incentive programs based on collected data, which can improve both safety and driver retention. Tune in to see how these innovations are driving a more efficient, productive, and safer future for fleet operations! Follow the Loaded and Rolling Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
Host Thomas Wasson dives into a packed episode featuring Steve Gold, CEO of Truckers Network Association, on the evolving driver job market, training quality, and where the best opportunities are for new and experienced CDL holders. FreightWaves economist Michael Rudolph breaks down fresh CPI data, the Fed's next moves, consumer spending trends, and what it all means for freight demand. Plus, headlines on California's clean truck lawsuit, DEF rules, autonomous trucking developments, and the upcoming Future of Freight Festival. Watch on YouTube Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts #WHATTHETRUCK #FreightNews #supplychain Learn more about your ad choices. Visit megaphone.fm/adchoices
Host Thomas Wasson dives into a packed episode featuring Steve Gold, CEO of Truckers Network Association, on the evolving driver job market, training quality, and where the best opportunities are for new and experienced CDL holders. FreightWaves economist Michael Rudolph breaks down fresh CPI data, the Fed's next moves, consumer spending trends, and what it all means for freight demand. Plus, headlines on California's clean truck lawsuit, DEF rules, autonomous trucking developments, and the upcoming Future of Freight Festival. Watch on YouTube Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts #WHATTHETRUCK #FreightNews #supplychain Learn more about your ad choices. Visit megaphone.fm/adchoices
Current tariff policies and economic uncertainties are profoundly reshaping the U.S. freight and manufacturing industries. A significant surge in U.S. container imports in July, nearing record highs and driven notably by a 44% month-over-month recovery from China, is largely attributed to importers "front-loading" shipments. This strategic move is a response to the end of the "de minimis" exemption for imports under $800 and ongoing uncertainty regarding various tariffs, including a temporary 30% rate on some Chinese goods and new reciprocal tariffs affecting over 90 U.S. trade partners. Despite this import boom, Trans-Pacific spot rates have plummeted, falling 62% from the Far East to the U.S. West Coast since June 1st, a paradox driven by significant global overcapacity and potentially muted consumer demand, which carriers attempt to counter through increased blank sailings, contributing to congestion at Chinese ports. Experts now view tariffs as a "new normal" for businesses, a permanent fixture influencing market dynamics. Consequently, the National Retail Federation and Hackett Associates forecast a 5.6% decrease in U.S. import cargo volume for 2025, primarily due to tariffs leading to higher consumer prices and reduced demand. Domestically, the manufacturing and trucking sectors are experiencing weakness, with heavy-duty truck sales hitting multi-year lows due to trade policy shifts and a lack of clarity on future emissions regulations, deterring companies from making significant investments. While there are "green shoots" of slight pickup in order activity, manufacturers anticipate needing to adjust prices for 2026 truck orders due to rising costs partly from these same tariffs on components. This environment underscores how trade policy has become a primary driver in the market, making precise calculation of "total landed costs"—factoring in these new baseline tariffs—critical for supply chain professionals. Learn more about your ad choices. Visit megaphone.fm/adchoices
RXO's recent earnings report (First look: some small signs of improvement sequentially and year-on-year at RXO - FreightWaves), which shows little significant movement compared to last year and the previous quarter, despite their CEO noting good execution in a soft freight market. The planned US-Mexico rail route advances with the release of a crucial environmental report (Planned US-Mexico rail route advances with environmental report - FreightWaves). This critical step forward for the Green Eagle Railroad aims to enhance connectivity and efficiency in North American freight movement. Hear about a major strategic move in air cargo logistics as DHL proactively extends its long-term dedicated transport contract with Cargojet (DHL moves early to renew Cargojet contract until 2033 - FreightWaves), underscoring their confidence and commitment to robust air freight capabilities. Plus, don't miss details on upcoming FreightWaves TV content and information on the F3 event in October. Learn more about your ad choices. Visit megaphone.fm/adchoices
RXO's recent earnings report (First look: some small signs of improvement sequentially and year-on-year at RXO - FreightWaves), which shows little significant movement compared to last year and the previous quarter, despite their CEO noting good execution in a soft freight market. The planned US-Mexico rail route advances with the release of a crucial environmental report (Planned US-Mexico rail route advances with environmental report - FreightWaves). This critical step forward for the Green Eagle Railroad aims to enhance connectivity and efficiency in North American freight movement. Hear about a major strategic move in air cargo logistics as DHL proactively extends its long-term dedicated transport contract with Cargojet (DHL moves early to renew Cargojet contract until 2033 - FreightWaves), underscoring their confidence and commitment to robust air freight capabilities. Plus, don't miss details on upcoming FreightWaves TV content and information on the F3 event in October. Learn more about your ad choices. Visit megaphone.fm/adchoices
Host Thomas Wasson celebrates his birthday by diving into the wild world of freight! In this jam-packed episode of What The Truck, we cover the skyrocketing rise in cargo theft with Scott Cornell of Travelers Insurance, who breaks down the alarming 1475% surge in strategic thefts. Then, we lift off with Dennis Collins from Maxim Crane Works to explore how telematics and AI are transforming crane operations. Finally, we vibe with live-streaming autonomous trucks from Aurora, complete with lo-fi beats. Plus, breaking freight news, industry updates, and what to expect from upcoming FreightWaves events. It's a loaded episode—don't miss it! Watch on YouTube Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts #WHATTHETRUCK #FreightNews #supplychain Learn more about your ad choices. Visit megaphone.fm/adchoices
Host Thomas Wasson celebrates his birthday by diving into the wild world of freight! In this jam-packed episode of What The Truck, we cover the skyrocketing rise in cargo theft with Scott Cornell of Travelers Insurance, who breaks down the alarming 1475% surge in strategic thefts. Then, we lift off with Dennis Collins from Maxim Crane Works to explore how telematics and AI are transforming crane operations. Finally, we vibe with live-streaming autonomous trucks from Aurora, complete with lo-fi beats. Plus, breaking freight news, industry updates, and what to expect from upcoming FreightWaves events. It's a loaded episode—don't miss it! Watch on YouTube Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts #WHATTHETRUCK #FreightNews #supplychain Learn more about your ad choices. Visit megaphone.fm/adchoices
Are you getting ROI from your AI tools—or are you just adding more tech without solving real problems? Today's episode with Ryan Schreiber, a leader in AI and machine learning for logistics, digs into what AI means beyond the buzzwords, why most companies today are only seeing incremental and not transformational value, and what's holding them back: strategy gaps, messy data, and weak integrations. Ryan breaks down why most AI vendors chase the top 50 brokers while ignoring the bulk of the market, and how smaller companies can still get big wins by focusing on automating the unsexy stuff, think billing, compliance, and track & trace. Learn practical ways to rethink your workflow, price your time correctly, and implement AI with purpose, not hype. If you're in freight and wondering how to cut costs, improve ops, and scale smart, this one's for you! About Ryan Schreiber Ryan has lived his career at the intersection of transportation and technology. As the Chief Growth Officer at Metafora, Ryan leads growth strategies that leverage the company's strengths and taps into new opportunities for both the company and the industry at large. Ryan's commitment to the transportation and logistics industry is evident through his authorship for publications such as FreightWaves and Journal of Commerce and through his additional work as an angel investor and advisor to multiple logistics and freight tech businesses. Ryan has made substantial contributions to Metafora's progress and growth, including building partnerships, expanding services, launching new products, developing marketing strategies, and serving as a subject matter expert. Connect with Ryan Website: https://metafora.net/ LinkedIn: https://www.linkedin.com/in/ryan-schreiber/ Email: rschreiber@metafora.net
Welcome to your FreightWaves Morning Minute, summarizing today's top stories in freight and logistics. We first discuss the alarming rise in cargo theft incidents linked to insider information, a trend highlighted by Tony Pelli of BSI Consulting, with Miami and Los Angeles identified as major hotspots in the U.S.. Criminals are increasingly using methods such as phishing emails, bribing employees, and targeting facilities near logistics hubs to facilitate these thefts. The Federal Maritime Commission's (FMC) has launched an investigation into Terminal Service Agreements (TSAs) between Port Houston and several major container lines. This probe aims to determine if clauses within these agreements compel carriers, including Maersk and Evergreen Line Joint Service, to route a certain percentage of their loaded containers through Port Houston, potentially disadvantaging competing Gulf ports. Additionally, BNSF Railway has launched a new expedited intermodal service connecting Los Angeles to Houston, which significantly cuts transit times by two days. This service, which debuted on July 10, is specifically designed to offer a faster and more cost-effective alternative for customers, particularly those currently draying intermodal loads from Dallas-Fort Worth to Houston. Finally, tune in to FreightWaves TV today for new episodes of What the Truck?!? at noon and Truck Tech this afternoon. Also, make sure to mark your calendars for upcoming FreightWaves events, including the Enterprise Fleet Summit on July 23rd and the Supply Chain AI Symposium in Washington D.C. on July 30th. Learn more about your ad choices. Visit megaphone.fm/adchoices
Voice Of GO(r)D is happy to bring you a long overdue interview with Craig Fuller, founder and CEO of freight industry news website FreightWaves, as well as the freight data analytics tool SONAR and Firecrown Media empire. FreightWaves has been of great service to the industry, and employed some of the finest journalists working on trucking, including former guests of this show Rachel Premack and Clarissa Hawes, as well as my pals Dooner and Supertrucker and so many other great people dedicated to Making Trucking Great Again.Craig fills us in on his family history in trucking, including his Dad and Uncle at the US Express and Covenant Transport companies, the origin story of FreightWaves, current topics in trucking, and, of course, our favorite people in the world, the American Trucking Association.(sarc) Craig had a bomb lobbed at him by Chris Spear the other day, and Craig has returned fire in kind, which lead me to having to bump this interview up in the schedule; this was recorded two weeks ago before the ATA started up their shit.The Return Fire has been beautiful to watch - head on over to my Substack for screenshotshttps://autonomoustruckers.substack.com/p/a-chat-with-freightwaves-ceo-craigTypically I try not to get involved in other people's fights but Craig has been nothing but good to me and I think in his heart is trying to do right by truckers; Chris Spear and the ATA, on the other hand, are corporate lobbyists whose grip on media narratives around trucking, and the taxpayer loot they extract from us for their members, are one of the primary causes of trucking being in the utter mess that its in, so to hell with them.You can read more from Craig himself here -https://www.freightwaves.com/news/the-atas-waning-influence-irks-its-leaderAnd while you are there, have a look around FreightWaves site, the reporting is excellent, and they have so many great people there, including Dooner, JP Hampstead, John Kingston, and Grace Sharkey, amongst others.Craig's TwitterCraig and I are both writing books at the moment - his is done, and will be out in November, mine is getting there and will be out in March.https://autonomoustruckers.substack.com/p/book-project-announcement-and-a-majorIf you want to help see me through to the end -https://www.givesendgo.com/EndOfTheRoadQuestions, comments, suggestions, corrections and Hate Mail are always welcome and strongly encouraged!gordilocks@protonmail.com
In this episode, we dive into the issues surrounding CDLs in the U.S. Our guest, Thomas Wasson, Enterprise trucking analyst at FreightWaves, breaks down what the motives are behind the enforcement of the english language proficiency and why non-domiciled CDL holders are at the center of the discourse. For more information, subscribe to Check Call the newsletter or the podcast. Follow the Check Call Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
US maritime chief Sola steps down US maritime chief ‘not a big fan' of ocean carriers' ‘approach' as agency reviews antitrust immunity In rare jump, New York-New Jersey leads US port volumes Drewry: No “lasting impact” from tariff break as ocean rates fall again Container rates from key US trade partner plummet 39% Learn more about your ad choices. Visit megaphone.fm/adchoices
On this episode of FreightWaves Morning Minute, we delve into the U.S. Department of Transportation's (DOT) new initiatives, including a nationwide audit of non-domiciled CDL holders, significant federal funding for truck parking, and the cancellation of the speed limiter mandate for heavy-duty trucks. These changes aim to prioritize American truck drivers and address long-standing industry concerns, as announced by Transportation Secretary Sean Duffy on FreightWaves' WHAT THE TRUCK?!? show. You can read more about these changes in the article "BREAKING: DOT will crack down on non-domiciled CDL holders - FreightWaves". DHL Express Canada has reinstated all services and resumed full operations after Unifor union workers ratified a new four-year contract. This agreement ends a nearly three-week strike/lockout and includes a 15.75% wage increase over four years, a new payment structure for independent drivers, and enhanced pension programs. Further details are available in the article "DHL Express Canada reinstates service after workers ratify labor deal - FreightWaves". A new report indicates that Mexico is well-positioned to benefit from President Trump's global tariff war and the ongoing trend of nearshoring. Most goods from Mexico qualify for tariff-free treatment under the USMCA, making it a reliable alternative for companies seeking to reduce exposure to trade friction and long lead times from overseas markets. Learn more in the report "Borderlands Mexico: Winner in global tariff war could be Mexico, report says - FreightWaves". Tune into FreightWaves TV for What the Truck?!? live at noon today, or catch the replay on SiriusXM channel 146. Don't forget to register for the upcoming Enterprise Fleet Summit on July 23rd and the Supply Chain AI Symposium on July 30th in Washington D.C.. Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome to FreightWaves Editorial, your deep dive into the best articles we have to offer on freightwaves.com. Today, we're unpacking the latest financial results and strategic maneuvers from shipping giant FedEx (NYSE: FDX). After a quarter marked by ongoing network transformation and a dynamic global trade environment, what do the numbers tell us about FedEx's current health, and what are their long-term plans to stay competitive and profitable? FedEx retires a dozen freighter aircraft in efficiency move FedEx navigates tariff swings to modest profit gain FedEx fills out Freight executive team ahead of spin off FedEx to close 30% of package facilities as network integration ramps up Learn more about your ad choices. Visit megaphone.fm/adchoices
FedEx's strategic Network 2.0 consolidation program, aims to close 30% of its U.S. package distribution facilities within two years. This initiative is already contributing significant savings, with $200 million expected this quarter, and involves integrating legacy Express and Ground networks to achieve greater efficiency and eliminate $2 billion in annual costs. The broadcast also details Maersk's decision to reopen service at Israel's largest port, Port of Haifa, after a brief suspension due to heightened tensions and missile attacks from Iran. The carrier is closely monitoring the situation, including the navigability of the critical Strait of Hormuz, following reports of a ceasefire. Additionally, Air Hong Kong, a freighter subsidiary of Cathay Pacific Airways and a DHL Express capacity provider, has completed a seven-year transition from an Airbus A300-600 fleet to an all-A330 freighter fleet. The new A330s are larger and newer than the retired A300-600s, offering 25% more payload and an extended range for new destinations such as Bahrain and Sydney. Finally, don't miss upcoming FreightWaves events, including a What the Truck?!? episode featuring Transportation Secretary Shawn Duffy, and major summits like the Enterprise Fleet Summit on July 23rd, and the Supply Chain AI Symposium on July 30th in Washington D.C.. Register for these and get your F3 tickets by visiting live.freightwaves.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
On episode 854 of WHAT THE TRUCK?!? Dooner is joined by FreightWaves' CEO and Founder, Craig Fuller. English language proficiency enforcement begins today. How will it impact carriers, shippers, brokers, and the truckload market? Fuller breaks it down. We'll also explore: -The freight market in the first half of 2025 -Global turmoil and its effects on supply chains -Key market trends and insights from SONAR's Trade War Command Center -Freight industry feuds -Updates on the Motion Museum, this year's F3, and more FreightWaves' John Paul Hampstead talks about his call that truckload markets could be in for a red hot 4th of July. Catch new shows live at noon EDT Mondays, Wednesdays and Fridays on FreightWaves LinkedIn, Facebook, X or YouTube, or on demand by looking up WHAT THE TRUCK?!? on your favorite podcast player and at 6 p.m. Eastern on SiriusXM's Road Dog Trucking Channel 146. Watch on YouTube Check out the WTT merch store Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices
FreightWaves honors the remarkable life and legacy of Fred Smith, the visionary founder who built FedEx into the world's largest cargo airline. Learn how his hands-on leadership and strategic aircraft acquisitions transformed the company into a global commerce leader, even through ventures that didn't succeed. Erez Agmoni of Interwoven Ventures, who previously led innovation at Maersk, shares insights on how combining AI computer vision with dynamic digital twins allows for significant efficiency improvements, as seen in Maersk's container unloading, which achieved 82% accuracy in prediction times, and drayage operations, which saved millions by consolidating information for optimization. Geopolitical tensions are disrupting freight flows, as demonstrated by Maersk's decision to stop Haifa service prior to Iran missile attacks, underscoring the delicate balance shipping giants must maintain for crew safety and operations. This suspension, amid escalating conflict, contributed to increased container rates from Shanghai to European ports, showing broader market uncertainties. For the trucking industry, prepare for a hot, tight July 4th freight market, where spot truckload rates are expected to rise, offering a significant opportunity for carriers to capitalize on higher rates. Freight brokers, however, face the challenge of proactively managing margins against potentially surging spot rates as tender rejection rates climb nationally and in key regional hubs. Fuel prices are also in the spotlight, with the benchmark diesel price now at its highest level in almost a year after a big jump, even as ultra low sulfur diesel (ULSD) futures markets recently plunged. This surge, following initial fears of supply disruptions from Middle East conflicts, means diesel consumers are still feeling the pinch at the pump. Finally, we highlight innovative strides in fleet management as Samsara introduces its 2025 North America Customer Advisory Board, bringing together industry leaders to shape the product roadmap for AI-driven tools. Discover how customers are leveraging Samsara's AI-powered platforms to achieve impressive ROI, including millions saved in maintenance costs and significant reductions in accidents and theft. Learn more about your ad choices. Visit megaphone.fm/adchoices
Global tensions as oil prices react to geopolitical events, with Brent crude ticking up after the US strike on Iran's nuclear facilities, though prices later flattened as tankers moved through the Strait of Hormuz. Despite Iran's parliament voting to close the strategic waterway, top leadership approval is required, and US Secretary of State Marco Rubio urged China to discourage such a shutdown given its critical impact on global oil consumption. Spot rates for large crude oil tankers from the Persian Gulf to China have surged dramatically amid heightened Middle East stability concerns, nearly doubling to over $57,000 per day for the largest crude carriers. Despite threats to close the Strait of Hormuz, major container lines like Maersk and CMA CGM continue their sailings, closely monitoring the situation while maintaining operations. In industry news, we pause to honor the passing of Frederick W. Smith, the visionary founder of FedEx, who died at age 80, transforming a college term paper idea into an $87.7 billion global overnight delivery powerhouse. Smith's pioneering concepts, military service, and strategic financial moves, like a high-stakes blackjack win, shaped FedEx into a company whose legacy touches virtually every corner of global logistics. The US truckload market continues to face significant challenges, with carrier revocations, or trucking businesses shutting down, running 16% higher year-over-year through mid-2025, reflecting sustained industry vulnerability. Recent regulatory enforcement, including renewed English language proficiency rules and stricter CDL fraud crackdowns, may be raising entry barriers, while softening demand and rising operating costs further squeeze profitability. Supply chain investments are on the rise in Mexico to support growing trade with the US, its largest trading partner. This includes Evans Transportation opening a new office in Laredo, DP World launching a freight forwarding hub in Mexico City, Geodis Logistics opening a new office in Guadalajara, We Store Frozen building a cold storage facility in Laredo, and Japanese firms Tokai Kogyo and Benchmark Electronics expanding their manufacturing footprints. FreightWaves is proud to spotlight the dawn of a new era with the AI Excellence in Supply Chain Award, recognizing game-changing use of artificial intelligence in logistics. The Supply Chain AI Symposium in Washington, D.C., happening this July, will crown industry leaders harnessing AI, machine learning, and large language models to drive smarter, more resilient, and sustainable supply chains. Learn more about your ad choices. Visit megaphone.fm/adchoices
On episode 853 of WHAT THE TRUCK?!? Dooner discusses with FreightWaves' oil expert, John Kingston, the impact of fuel costs following the U.S. bombing of Iran. With saber-rattling around the Strait of Hormuz and a potential prolonged war with Iran, could diesel prices skyrocket? The recent fire aboard the Morning Midas has OEC Group raising concerns about the risks of shipping cargo on vessels carrying electric vehicles. OEC Group's Joe Klobus explains how to protect your ocean freight. If your truck gets stuck on train tracks, what should you do? Call the blue sign! Operation Lifesaver's Jennifer DeAngelis joins the show to discuss ENS Sign Awareness Day and its importance. Travelers' Mark Borchert shares the latest workforce trends. Plus, long-haul truckers offer advice for long-distance bomber pilots; a tribute to RIP Fred Smith; and more. Catch new shows live at noon EDT Mondays, Wednesdays and Fridays on FreightWaves LinkedIn, Facebook, X or YouTube, or on demand by looking up WHAT THE TRUCK?!? on your favorite podcast player and at 6 p.m. Eastern on SiriusXM's Road Dog Trucking Channel 146. Watch on YouTube Check out the WTT merch store Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices
C.H. Robinson announces groundbreaking adoption of AI agents to classify LTL freight, a move set to revolutionize classification, enhance efficiency, and accuracy in logistics. This innovation is particularly significant given upcoming changes to the National Motor Freight Classification (NMFC) system and is expected to generate operating leverage in North American Surface Transportation (NAST) by automating over 75% of LTL orders. Canada Post reached a collective bargaining agreement with its second-largest union, the Canadian Postmasters and Assistants Association (CPAA), after 18 months of negotiations. This deal grants postmasters an 11% wage increase over three years, while a standoff continues with their largest union, the Canadian Union of Postal Workers (CUPW), prompting government intervention. DHL Express Canada requested for an exemption from new legislation banning replacement workers during strikes or lockouts, forcing them to suspend operations. The company argues this cessation significantly harms businesses and communities, affecting over 50,000 international shipments daily, but the union, Unifor, strongly opposes any special treatment. Explore the swift resolution of a legal battle between DAT Freight & Analytics and factoring company OTR Solutions, bringing a quick end to a dispute over factoring services. This settlement allows DAT to market the factoring services of Outgo, a company it recently acquired, on its platform, which had been previously suspended by a court order. FourKites CEO allegedly manipulated comments by FreightWaves' CEO to unfairly criticize Project44's Movement platform, highlighting competitive rivalries in logistics technology. This behavior, which included misrepresenting the context of the statements, raises questions about ethical conduct, given FourKites' history of purported unethical actions against Project44. Recent flooding and rockslides shut down a critical stretch of Interstate 40 between the North Carolina and Tennessee border. This key route was previously ravaged by Hurricane Helene last September and only partially reopened in February 2025, emphasizing its vulnerability to natural disasters. This episode ensures you stay ahead of the curve in freight and logistics news. Learn more about your ad choices. Visit megaphone.fm/adchoices
On episode 851 of WHAT THE TRUCK?!? Dooner talks to lawyers about a fatal truck accident case. Today, they'll examine Roth v. NFL and Gursimran Singh. Attorneys Kevin Etzkorn and Nathan A. Steimel break down the timeline of events that led to Gursimran Singh crashing into a stalled car, killing its driver. They'll explain why they argued Singh was untrained, unqualified, and unsafe. The latest freight theft victim? Nintendo. Thieves stole $1.4 million worth of Switch 2 consoles from a truck at a Love's in Bennett, Colorado. Has the tariff hangover hit ports? Los Angeles box volumes have fallen to two-year lows. FreightWaves' Stuart Chirls helps us uncover what's happening with shipping. Plus, a trucker needs your help; what's your inseam?; crane crashes; and more. Chapters 0:57 Men: what's your inseam? 2:43 Help a trucker out 5:27 $1.4M Switch 2 truck theft 9:01 Roth v. NFL and Gursimran Singh | Kevin Etzkorn, Attorney, Kevin Etzkorn Law and Nathan A. Steimel, Attorney, SK Law 36:51 LAs box volume hits 2 year low | Stuart Chirls 39:53 Is the worst yet to come? | Stuart Chirls 41:14 Israel/Iran impact | Stuart Chirls Catch new shows live at noon EDT Mondays, Wednesdays and Fridays on FreightWaves LinkedIn, Facebook, X or YouTube, or on demand by looking up WHAT THE TRUCK?!? on your favorite podcast player and at 6 p.m. Eastern on SiriusXM's Road Dog Trucking Channel 146. Watch on YouTube Check out the WTT merch store Visit our sponsor Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts Learn more about your ad choices. Visit megaphone.fm/adchoices
In today's FreightWaves Morning Minute, we cover significant developments in the freight industry, including recent bankruptcy filings from two trucking companies and a distribution service, with creditors seeking millions. Get the full story on these financial challenges, including specific companies like Dolche Truckload Corp., Contract Managed Services, and GD Transport, and the millions claimed by their creditors, by reading "Creditors claim millions as freight bankruptcy filings roll in - FreightWaves". California's Attorney General Rob Bonta has filed a lawsuit challenging the Trump administration's decision to revoke the state's zero-emission vehicle waivers, labeling the federal action unlawful and unconstitutional. This legal challenge impacts key environmental regulations like the Advanced Clean Trucks Act, the nitrogen oxide rule, and the Clean Cars 2 regulation. We also report on DHL Express Canada's decision to suspend parcel operations, effective this Friday, June 20th. This suspension is a direct consequence of an escalating labor dispute and new Canadian legislation prohibiting the use of replacement workers. Additionally, tune in for upcoming FreightWaves TV events like "Check Call" and "Loaded and Rolling," and mark your calendars for the virtual Enterprise Fleet Summit. For registration and ticket information on these and other events such as the Supply Chain AI Symposium and Future of Freight Festival. Learn more about your ad choices. Visit megaphone.fm/adchoices