Digital brokerages have played an important role in the technological revolution of the transportation industry. Their disruptive innovation has challenged legacy players to take a step back and analyze the value of their current service offerings and motivate them to…
Officials say the Bootleg fire, the largest wildfire in the country, may not be fully contained until the fall. Located in southern Oregon, the fire was first reported on July 6, covered 212,377 acres as of early Thursday morning and…
The Daily Dash is a quick look at what’s happening in the freight ecosystem. In today’s edition, we highlight the latest tech advances for autonomous trucks, an analysis for investing in the LTL market and more. The High Five 1.…
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FreightWaves recently chatted with Daniel Simounet, vice president of the transportation sector for Hitachi ABB Power Grids, about whether it’s possible to electrify the freight rail system in North America. Simounet is responsible for working with North American customers that…
The world’s largest temperature-controlled facility operator, Lineage Logistics, and the tech-focused venture capital firm 8VC announced Thursday a strategic alliance “to invest in promising technology startups that drive the transportation and logistics industry forward.” The companies have worked together in…
Much like conditions in the U.S., Japan is experiencing capacity tightening while undergoing an e-commerce boom. Studies have found over the past five years, e-commerce sales in Japan have an expected compound annual growth rate of 7.5% until 2024, due…
P.A.M. Transportation Services (NASDAQ: PTSI) announced second-quarter 2021 net income of $15.3 million after the market close Wednesday. The result reflected a sharp turnaround from the year-ago quarter during which the company recorded an $800,000 loss as the auto manufacturing…
Muted orders for new trailers in June are hiding a coming boom in bookings when manufacturers open their order books for 2022. “There is built-up demand that will quickly consume the slots that open up,” David Giesen, vice president of…
The Port of Los Angeles announced its best June numbers ever on Wednesday, capping off its best quarter ever. Volumes are even higher in July and the number of container ships at anchor in San Pedro Bay — the so-called…
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