With a rise in last-mile delivery and an increasing need for more capacity on the road, payments and finance startup Coast aims to provide advanced technology for managing fleet-related expenses. Founded by Daniel Simon and former Lyft executive Andrew Woolf,…
Diversified transport provider Hub Group Inc. (Nasdaq: HUBG), said Wednesday it named Vince Paperiello president of its intermodal business, which accounts for about 60% of Hub’s total revenue. Paperiello, an 18-year veteran of Hub, will also continue in his current…
Savannah, Georgia’s virtuous cycle of industrial development continued on Wednesday with the announcement that a 1.2 million-square-foot industrial park will be built about 15 miles from the port of Savannah. The park, coined the “Southeast Gateway,” will be erected on…
Chalk up yet another record for ocean shipping. More vessels traded hands in the first half of this year than in any other six-month stretch — yet another industry signal that’s flashing green. It’s not just container ships. An exceptionally…
Preliminary new orders of Class 8 trucks took a relative breather in June with about 26,000 bookings, 11% more than May and 61% better than the COVID-impacted number in June a year ago. The issue holding back orders is that…
Best-selling author — and FreightWavesTV guest — Steve Ferreira has a new book, “Navigating B2B: Master Your Industry, Your Business, and Yourself,” to be published on July 20. The chapter of this exclusive excerpt is titled, “Picasso Was No Engineer.” …
According to a recent study by New Frontier Data, 43% of the U.S. adult population will reside in the 18 states that have or are expected to have legalized recreational marijuana by 2022. To keep up with the rising demand,…
Within the last month alone of this current high-demand climate, 11,000 new trucking companies entered the market. But as industry veterans know, the margins for trucking companies are razor thin and the industry is accustomed to boom-and-bust cycles. One notorious…
The Ever Given finally is on the move again. Egyptian officials apparently were just as happy to see the once-stuck container ship sailing again as the vessel’s operator, Evergreen Marine, and shippers with cargo aboard the 20,000-TEU ship. Flowers and…
Overview The FRA logo. The Federal Railroad Administration (FRA) was created as part of the Department of Transportation Act of 1966. It is one of 10 agencies within the U.S. Department of Transportation concerned with intermodal transportation. Prior to the…
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