General

When someone uses the words “green” and “cannabis” in the same sentence, they aren’t normally referring to how eco-friendly the cannabis industry is. And that’s an issue Especially for California — a state that is juggling increased flooding, droughts and...

U.S. Customs and Border Protection officials have taken to calling penalties for minor export information filing mistakes in the Automated Export System (AES) "parking tickets," but it's much more than that to America's exporters of agriculture products. The Washington, D.C.-based Agriculture...

Today we're talking about the end for an Ice Road trucker, UPS Inc (NYSE: UPS) hijacking, costly Christmas trees and fraud, and then we've got five good minutes with DDC FPO's Richard Greening. Mikey B knows what's "On the Radar" and off the rails, and Andrew Cox knows who has the power. We'll play...

Outbound tender volumes (OTVI.USA) rose by 8.34% week-over-week. Much of this rise can be attributed to the timing of Thanksgiving. Nationally, outbound tender volumes fell 3.01% year-over-year this week. Month-over-month volumes were down 1.68%. We will be keeping an eye out for the emerging true...

Logistics provider Transportation Insight (TI) said Dec. 6 that it acquired less-than-truckload (LTL) broker Meridian Logistics LLC, which does business as FreightPros, for an undisclosed sum. The acquisition expands privately held TI's LTL brokerage offerings. It operates a truckload brokerage...

The state of Maryland has secured funding to reconstruct Baltimore's Howard Street Tunnel to allow for double stacking, but the details are still forthcoming. The Baltimore Sun reported on Dec. 5 that Maryland has enough funds for the project, which would enable CSX (NASDAQ: CSX) to run double...

In this episode, Market Expert Zach Strickland delivers the carrier update presented by PowerFleet, and Market Expert Luke Falasca gives brokers a close up look at the Detroit market. Image Sourced from Pixabay

Sage Therapeutics Inc (NASDAQ: SAGE) shares fell more than 60% Thursday following a negative readout for its lead asset in major depressive disorder. The Analysts Morgan Stanley analyst Matthew Harrison maintained an Overweight rating for Sage but lowered the price target from $217 to $125. (See...

Freight Futures data to watch today: December (Spot) Futures Contracts The Trucking Freight Futures markets were very quiet and looking for direction on Thursday with six of the 11 spot contracts unchanged, three fractionally lower and two fractionally higher. The spot National contract (FUT....

Oil prices have climbed back from their earlier highs after surging on news of deeper cuts agreed to by the Organization of Petroleum Exporting Countries. OPEC, at its meeting in Vienna, agreed to deeper cuts than already have been in place. That agreement came Dec. 6 after a lengthy meeting that...

As members of Congress considers how to fund surface transportation projects over the next several years, they must consider the ways that e-commerce is transforming supply chain logistics, leaders and witnesses told a U.S. House panel on Dec. 5. "Without appropriate planning for last-mile...

Black Friday in the US + UK, tech and unit economics, global expansion and turf battles in the on-demand delivery space, use cases for drone delivery, hydrogen vs electric batteries, plus what's hot or not in investing. More podcasts at FreightWaves Subscribe on Apple Podcasts: https://...

Casual fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) emerged from a highly publicized food safety scandal by focusing on the core business. Chipotle needed to return to its roots of serving "great ingredients, delicious food, and great people," CEO Brian Niccol told CNBC's...

Real Estate Roundup is a weekly rundown of developments in the world of industrial real estate used for logistics and transportation. This week: Saia uses new terminals for sales growth; USA Truck hopes to lower repair costs; orange juice hauler expands to Georgia Several carriers across the U.S....

Federal regulators have denied a petition by UPS Inc (NYSE: UPS) to be exempted from two requirements of the entry-level driver training (ELDT) final rule after finding the company failed to make a valid safety case for its request. In its petition filed earlier this year, UPS contended that its...