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Venti brings driverless yard trucks to US yards

Venti Technologies’ driverless container trucks have worked PSA’s port in Singapore for nearly three years. Traffic there runs in one big loop, so the trucks never had to back up. U.S. rail yards are less forgiving. Venti says a Class I intermodal railroad plans to run more than 130 Venti trucks across eight sites by …

FreightWaves Средний коридор
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Oil majors count the cost of runaway tanker rates

Soaring tanker freight rates are taking an increasingly heavy toll on the world’s oil majors, with the latest quarterly results revealing billions of dollars in additional shipping-related liabilities, squeezed refining margins and losses on trading positions. Shell has disclosed a $5.4bn non-cash increase in its ship…

Splash247 Maritime Порты и суда
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FedEx Freight sees volumes stabilize, eyes Q4 margin improvement

The nation’s largest less-than-truckload carrier, FedEx Freight, said Thursday that volumes have continued to stabilize and that it expects to see stronger operating leverage next year as a standalone company. Its local, dedicated LTL sales teams are seeing business wins and driving a better freight mix across the net…

FreightWaves Аналитика
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Amazon battles freight inflation as shipping costs jump 11% in Q3

Amazon reported record operating profitability in the third quarter on Thursday after the market closed, as the e-commerce giant continued expanding its delivery network and robotics investments amid higher transportation costs. CEO Andy Jassy said investments in same-day fulfillment facilities and ultra-fast delivery…

FreightWaves Средний коридор
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First look: TFI Truckload sparkles, but OR at LTL slips

TFI International has tried to get investors to take notice of its Truckload operations, which are substantial but smaller than its more better-known LTL segment. The third quarter results may be the catalyst that gets that recognition to occur. Where the third quarter LTL segment at TFI (NYSE: TFII) saw its operating…

FreightWaves Торговля
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First look: Covenant Logistics’ Q3 freight revenue surges 68%

Covenant Logistics Group reported a 19.2% year-over-year increase in third-quarter revenue Thursday, driven by strong growth in its managed freight segment . The Chattanooga, Tennessee-based carrier (NYSE: CVLG ) generated $353.9 million in total revenue for the quarter ended Sept. 30, compared with $296.9 million a y…

FreightWaves Санкции и риски
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How transportation leaders are turning AI and connected data into a competitive edge

AI is gaining ground in transportation, but are companies actually turning that potential into results? As supply chains face constant disruption, rising expectations and growing pressure to make faster decisions, the gap between adopting new technology and putting it to work is becoming harder to ignore. To better un…

FreightWaves Торговля
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FedEx cashes in on premium logistics services, fuel surcharges

FedEx Corp. delivered strong third quarter results driven by higher volumes and pricing for premium B2B and B2C shipping services, but bullishness for peak holiday season demand was tempered by expectations for lower domestic margins amid a rise in transitory labor and outsourced trucking costs that likely will spill …

FreightWaves Средний коридор
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Saia’s expanded terminal network delivers record revenue, tonnage

Less-than-truckload carrier Saia continued to see outsized volume growth in the third quarter as it leveraged an expanded terminal network. The period delivered record revenue and tonnage for the company, with its focus now centered on improving operating results at the new locations. Saia’s ( NASDAQ: SAIA ) reported …

FreightWaves Железные дороги
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Why container rates are climbing despite cooling demand

Container freight rates climbed on major Asia-Europe and trans-Pacific routes last week despite signs of cooling demand, as congestion and canceled sailings supported prices. Carriers’ accelerating return to the Red Sea is reshaping shipping schedules, analyst and SONAR data contributor Freightos (NASDAQ: CRGO ) said …

FreightWaves Железные дороги
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Fresno carrier DTL to run 75 Kodiak driverless trucks

Kodiak AI signed a binding agreement Wednesday to put its autonomous driving system in 75 trucks owned and operated by DTL Transport, a Fresno, California, carrier that runs cross-country team loads for grocers. The deal moves Kodiak’s Driver-as-a-Service model from Permian Basin sand hauling onto interstate freight l…

FreightWaves Железные дороги
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RXO’s earnings still coming out, had solid profitable quarter

RXO remains a publicly-traded company as it prepares to be acquired by C.H. Robinson , posting its earnings Thursday that showed mostly positive numbers in all key categories. Given the pending deal with C.H. Robinson, RXO (NYSE: RXO) did not hold an earnings call with analysts. The summary slides that also accompany …

FreightWaves Торговля
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Florida trucking CEO warns soaring diesel costs are squeezing carrier profits

JACKSONVILLE, Fla. — Rising diesel fuel prices are putting increasing financial pressure on Florida trucking companies, with fuel costs surpassing driver compensation as the largest operating expense for some fleets. Florida Trucking Association CEO Scott Perry said the combination of higher diesel prices , insurance …

FreightWaves Железные дороги
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U.S. rail traffic up 7.8% as intermodal leads gainers

U.S. rail traffic increased 7.8% in the week ended Oct. 24 compared with the same week in 2025, as growth in intermodal shipments outpaced gains in carloads , Association of American Railroads data shows. Weekly intermodal volume, which includes containers and trailers, rose 11.3%, while carload traffic increased 3.6%…

FreightWaves Железные дороги
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What the Mastio Rankings Actually Tell Shippers

When a shipper puts an LTL lane out to bid, price is the number everyone can compare in five minutes. Price, however, doesn’t say much about what happens six months into the contract. A rate quote doesn’t indicate whether a shipment arrives on the dock when it’s supposed to, whether the weight matches the bill of ladi…

FreightWaves Порты и суда
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9 alleged Mexican Cartel associates arrested in California train theft ring

Nine men allegedly connected to Mexico’s Sinaloa Cartel have been arrested in Southern California following a yearlong investigation into an organized cargo theft operation that targeted BNSF Railway trains and resulted in millions of dollars in stolen merchandise , authorities said. The San Bernardino County Sheriff’…

FreightWaves Средний коридор
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Trailer Bridge appoints new CEO

Trailer Bridge has named Charles Gittens its next chief executive officer, effective Nov. 2, as the carrier continues investing in its ocean transportation operations and Puerto Rico service . The Jacksonville -based company announced the appointment Oct. 26. Gittens succeeds Mitch Luciano, who left the company Oct. 1…

FreightWaves Средний коридор
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$500,000 SIG Sauer shipment stolen in fictitious pickup, two arrested in California

A fictitious warehouse pickup involving approximately $500,000 in SIG Sauer products led to two arrests in Southern California. The shipment contained firearm parts and accessories from SIG Sauer, a major manufacturer supplying civilian, law enforcement and military markets. Los Angeles County Sheriff’s Department det…

FreightWaves Средний коридор
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SFL adds $365m newbuild trio with $333m in charter cover

John Fredriksen-backed SFL Corporation has agreed to acquire three newbuildings for around $365m, securing long-term employment that will add at least $333m to its charter backlog. The New York-listed shipowner said the latest investment covers two 8,800 teu containerships scheduled for delivery in 2027 and a 93,000 c…

Splash247 Maritime Торговля
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XPO’s pricing, operating initiatives drive Q3 beat

XPO once again outperformed expectations, driven by higher volumes and stronger pricing that continue to amplify the impact of its operational efficiency initiatives. XPO ( NYSE: XPO ) reported third-quarter adjusted earnings per share of $1.70, which was 13 cents ahead of the consensus estimate and 63 cents higher ye…

FreightWaves Торговля
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Korean carrier Namsung returns to China for larger boxships

South Korea’s Namsung Shipping has been linked to another containership order in China, with brokers reporting a deal for two firm 7,100 teu vessels at Dalian Shipbuilding Industry Corporation (DSIC), plus options for another pair. Shipbroking sources said the CSSC-owned yard had secured the contract, with deliveries …

Splash247 Maritime Порты и суда
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43% of shoppers plan to spend more this peak, Kenco finds

Kenco’s 2026 Peak Season Consumer Report found that 43% of the North American consumers it surveyed plan to spend more this peak season. That’s more than double the 20% who said so a year earlier. Another 39% expect to spend about the same, and 18% plan to spend less, down from 28% in 2025. The bigger budgets come wit…

FreightWaves Железные дороги
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CPKC reports record revenue on strength of grain and intermodal traffic

CPKC reported stronger third-quarter operating income Wednesday, on record revenue and higher volumes. “Against a pretty dynamic backdrop , I’m pleased with what the team has delivered,” Chief Executive Keith Creel said on an earnings call after the close of markets.“We handled 6% more volume while continuing to impro…

FreightWaves Средний коридор
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India greenlights $1bn drive to break China’s container manufacturing dominance

India has approved a INR100bn ($1.05bn) programme to massively expand domestic shipping container manufacturing, targeting a tenfold increase in annual capacity as New Delhi seeks to challenge China’s near-monopoly over the industry. The country’s cabinet approved the Container Manufacturing Promotion Scheme yesterday…

Splash247 Maritime Порты и суда
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Boluda strikes deal to acquire Samskip

Spanish shipping group Boluda has agreed to acquire Netherlands-headquartered multimodal operator Samskip, bringing together two major European shortsea businesses in a deal spanning 32 vessels and 18 routes. Boluda Shipping said the acquisition would combine its container shipping network with Samskip’s northern Euro…

Splash247 Maritime Средний коридор