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- Borderlands Mexico: China boosts its Mexico investments as nearshoring opportunities growby Noi Mahoney on April 28, 2024 at 11:00 am
This week in Borderlands: China boosts its Mexico investments as nearshoring opportunities grow; Realterm acquires truck terminal in El Paso, Texas; Horton Automatics opens plant in Matamoros, Mexico; and Schunk invests $7 million to expand in Mexico. The post Borderlands Mexico: China boosts its Mexico investments as nearshoring opportunities grow appeared first on FreightWaves.
- Deal averts strike at Daimler North America as UAW celebrates pactby John Kingston on April 27, 2024 at 4:16 pm
A possible strike by Daimler North America workers was averted at the last minute late Friday with a four-year deal. The post Deal averts strike at Daimler North America as UAW celebrates pact appeared first on FreightWaves.
- Universal Logistics’ Q1 trucking revenue falls 12.6%by Noi Mahoney on April 26, 2024 at 6:36 pm
Universal Logistics sees a potential uptick in trucking volumes and rates by the end of the year. The post Universal Logistics’ Q1 trucking revenue falls 12.6% appeared first on FreightWaves.
- TFI’s US LTL operations need heavier shipments, CEO says of Q1 resultsby John Kingston on April 26, 2024 at 6:26 pm
TFI CEO Alain Bedard thinks the company’s U.S. LTL operations are booking too much light freight. The post TFI’s US LTL operations need heavier shipments, CEO says of Q1 results appeared first on FreightWaves.
- FHWA awards $148M in grants to fight pollution from trucks at US portsby Brinley Hineman on April 26, 2024 at 5:53 pm
The Federal Highway Administration announced $148 million in grants to combat pollution at the nation’s ports caused by idling trucks. The post FHWA awards $148M in grants to fight pollution from trucks at US ports appeared first on FreightWaves.
- Saia’s Q1 miss, weak March shipments send shares 20% lowerby Todd Maiden on April 26, 2024 at 4:51 pm
Saia and other less-than-truckload stocks sink for a second time in a week as quarterly reports disappoint. The post Saia’s Q1 miss, weak March shipments send shares 20% lower appeared first on FreightWaves.
- Really cold hydrogen could bring driving range parity with dieselby Alan Adler on April 26, 2024 at 3:00 pm
A startup named for science fiction author Jules Verne is closing in on cryo-compressed hydrogen fuel for greater energy density. The post Really cold hydrogen could bring driving range parity with diesel appeared first on FreightWaves.
- FreightTech Friday: Wabash sees success with trailers-as-a-serviceby Grace Sharkey on April 26, 2024 at 12:00 pm
Glen Stewart, director of strategic programs at Wabash, discusses the company’s Trailers-as-a-service (TaaS) offering, which is designed to help increase asset uptime. The post FreightTech Friday: Wabash sees success with trailers-as-a-service appeared first on FreightWaves.
- Hub Group sees Q1 revenue fall 13% year over year to $999Mby Noi Mahoney on April 26, 2024 at 12:05 am
Soft freight market conditions continue to create market headwinds as Hub Group’s first-quarter revenue declines 13% year over year. The post Hub Group sees Q1 revenue fall 13% year over year to $999M appeared first on FreightWaves.
- Crash data involving new truck, bus drivers getting worseby John Gallagher on April 25, 2024 at 10:37 pm
A requirement that motor carriers pass a written safety exam before being issued a DOT number will be delayed again as new drivers involved in fatal crashes are on the rise. The post Crash data involving new truck, bus drivers getting worse appeared first on FreightWaves.
- See around the consensusby Beau King on April 25, 2024 at 9:49 pm
While supply chains remain uncertain, here's how SONAR can help freight keep the status quo. The post See around the consensus appeared first on FreightWaves.
- Transportation Intermediaries Association blasts new DOL overtime ruleby Caleb Revill on April 25, 2024 at 7:44 pm
The U.S. Department of Labor announced a final rule that will ensure overtime pay for some salaried and highly compensated employees – a move that critics say could hurt brokers operating small businesses. The post Transportation Intermediaries Association blasts new DOL overtime rule appeared first on FreightWaves.