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CNBC: Stock market rocked as investors dump tech shares
CNBC reports: The Nasdaq Composite tumbled on Friday, while the Dow Jones Industrial Average outperformed as traders moved out of key stocks related to artificial intelligence and into more defensive areas of the market. The tech-heavy Nasdaq lost 2.86% and closed at 25,437.00, posting its worst single-day performance…
Sacha Baron Cohen Apologizes to Kazakhstan After Reviving Borat
Twenty years after Borat , Sacha Baron Cohen has apologized to the people of Kazakhstan. The apology became public just weeks after he used the character to promote another film. On the Happy Sad Confused podcast, released October 26, he said, “I want to apologize to the people of Kazakhstan for the first time ever.” …
Rail Rivalry: Schneider’s Bold Move to Norfolk Southern from CSX
#fwtv_Rj9isPUg2qg .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_Rj9isPUg2qg .fwtv-panel p{margin:0 0 12px}#fwtv_Rj9isPUg2qg .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Schneider is making a monumental shift in its in…
Unexpected Boom: Trailer Leasing Demand Hits Record Highs
#fwtv_yRofIDbr2o .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_yRofIDbr2o .fwtv-panel p{margin:0 0 12px}#fwtv_yRofIDbr2o .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The trailer market is experiencing an unexpected su…
SAIA’s Record $982.5M Q3 Revenue | What’s Next?
#fwtv_nMjMlyeXCAo .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_nMjMlyeXCAo .fwtv-panel p{margin:0 0 12px}#fwtv_nMjMlyeXCAo .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} SAIA President & CEO Fritz Holgrefe breaks down …
TFI chief Bedard rips into its US LTL operations, promises change
Alain Bedard, the CEO of TFI International, had been highly critical of his company’s U.S. LTL operations back in 2024, at one point referring to some of its practices as “stupid.” As recently as April, he was far more optimistic about the segment that was built largely through the TFI acquisition of UPS Freight in 20…
Beverage Distribution: Why Your SKU Count is Crushing Productivity
#fwtv_O9lqJSgfc2Q .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_O9lqJSgfc2Q .fwtv-panel p{margin:0 0 12px}#fwtv_O9lqJSgfc2Q .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} SKU proliferation has made beverage distribution…
Arkansas truck blitz nets 183 English violations, 44 arrests in 48 hours
Arkansas Highway Police and federal law enforcement agencies conducted a sweeping 48-hour commercial vehicle enforcement operation that resulted in 183 English-language proficiency violations, 44 criminal arrests and more than 1,000 motor carrier safety violations. The crackdown, dubbed Operation Highway Shield , took…
European postal operators gear up for surge in holiday volume
Postal operators in Norway and Germany are adding significant parcel capacity and making operational adjustments to handle an expected flood of packages and gift cards in the weeks leading up to Christmas. Posten Bring, the state-owned postal services and logistics provider in Norway, has installed hundreds more parce…
Kazakh–Korean Action Film KESU Sets Sights on South Korean Cinemas
A Kazakh former special forces officer and a South Korean taekwondo champion find themselves on the same side when their shared mentor disappears. Their search takes them from Kazakhstan to Seoul, where they become entangled in a dangerous conflict rooted in their teacher’s past. This is the story of KESU , a Kazakhst…
Covenant Logistics CEO expects double-digit truckload rate hikes in 2027
Covenant Logistics Group CEO David Parker expects truckload contract rates to increase by double digits in 2027 as trucking companies contend with rising operating expenses, tightening driver capacity and continued federal enforcement of safety regulations . Speaking during the Chattanooga, Tennessee-based carrier’s t…
Jett McCandless named first FreightTech Vanguard Award winner at F3
Jett McCandless, founder and CEO of project44 and LSP44, received the FreightTech Vanguard Award at FreightWaves’ F3: Future of Freight Festival dinner Monday, recognizing his contributions to the freight and logistics industry. FreightWaves presented the award during F3 in Chattanooga, Tennessee, an annual event focu…
Safety Technology Is Only as Good as the Trust Behind It
Every carrier with a safety technology program eventually learns the same lesson: the hardware is the easy part. Cameras can be mounted, collision mitigation can be specified on new tractors, and telematics can be switched on. What’s harder to install is the belief, among people who spend their working lives behind th…
Opinion: A Deeper Understanding of Transshipment
The White House recently issued a report on the transshipment of goods. It focuses on allegations that some countries with lower tariffs seek to evade U.S. tariffs on China by exporting goods that are really produced in China and only slightly modified, if at all, before further export to the U.S. The report groups mo…
Mexico truckers halt protests, demand action on deadly highway crime
While Mexican truckers have suspended a nationwide strike that disrupted highways across 19 states, industry leaders warned that demonstrations could resume if federal and state authorities fail to address grievances that include cargo theft and violence against drivers . The suspension follows negotiations between Me…
Newbuildings head for Asia-Latin America trades as volumes boom
Deliveries in the past week have been primarily deployed to services between the Far East and Latin America, highlighting growing volumes on these trades. Alphaliner noted that Imabari Shipbuilding completed the 13,932 teu ONE Symphony that will be deployed on ONE’s Asia-WCSA AX3 service the pan-Japanese carrier runs …
Aurora reaffirms it’s on track to produce more than 1000 trucks in 2027
Aurora Innovation cut its 2026 revenue forecast to about $9 million on Wednesday, down from the $14 million to $16 million reported in its second-quarter results , after a six-week manufacturing delay. The company reported third-quarter revenue of $3 million and an operating loss of $257 million. Over the past month, …
Schneider partners with Norfolk Southern; raises outlook despite Q3 miss
Schneider National announced Thursday it has inked a deal to utilize Norfolk Southern’s rail network in the East. The announcement was in conjunction with the multimodal transportation provider’s third-quarter report, which was slightly worse than expected. New Norfolk Southern service agreement Schneider said its new…
EXCLUSIVE: CargoWise customs message delays leave forwarders waiting for clearance
CargoWise users handling British and Japanese customs declarations suffered messaging delays on Wednesday, while the backlog had been fully cleared the following morning. Customer notifications seen by The Loadstar show WiseTech acknowledged an issue affecting message responses at 10.37am on 28 October. At 11.24, it c…
Full planes and fond farewells: air cargo does Miami
The weather was dreadful, the blueberries were under suspicion, and there were people dressed as rats outside the convention centre. Inside, however, air cargo was in a remarkably good mood. At TIACA’s Air Cargo Forum in Miami this week, the airlines had turned up in force, people wanted to do business, and anyone wit…
A platform to challenge ‘death by a thousand [D&D] invoices’
Congestion today could mean a fresh wave of disputed detention and demurrage (D&D) charges tomorrow, according to Sara Dandan, founder of FourOneOne. She told The Loadstar disruption at ports, including growing backlogs of containers at Los Angeles and Long Beach, was likely to translate into extra invoices in the com…
CN 3Q profit rises 6% as freight revenue climbs
Canadian National Railway reported a 6% increase in third-quarter profit Friday as stronger grain, energy and automotive freight activity lifted revenue, while higher fuel costs and a technology write-down weighed on reported margins. The Montreal-based railway (NYSE: CNI ) maintained its full-year earnings outlook, s…
Türkiye tenders eastern Middle Corridor upgrade: 26-fold capacity increase
Türkiye has invited bids to rehabilitate and electrify the railway between Divriği and the Georgian border, part of its section of the Middle Corridor. The work is divided into three lots that should greatly increase capacity on the route. Proposals are due on 22 December. Türkiye published the tender notice earlier t…
Carriers’ November rate hikes ‘doomed’ say analysts, as demand goes flat
Container spot freight rates on the transpacific eastbound trade, as recorded by Drewry, saw its steepest one-week fall since June 2025 after this year’s protracted peak season came to an end. Drewry’s World Container Index (WCI) saw the spot rate on its Shanghai-Los Angeles decline 6% week on week, to end at $7,514 p…
Port of Gothenburg nearly doubles storage capacity at Arken terminal
The Port of Gothenburg has almost doubled the storage capacity of its Arken Intermodal Terminal. It did so without expanding the site. By rebuilding one of the terminal’s through tracks, about 4,000 square metres of handling space for trailers and other units has been freed up. The Swedish Port of Gothenburg announced…
Schneider to shift eastern rail business to Norfolk Southern from CSX
Schneider will make Norfolk Southern its primary eastern rail provider under an agreement announced Oct. 29 aimed at expanding domestic intermodal capacity and giving shippers more options to move freight across the eastern United States. The agreement, effective in November, shifts Schneider’s NYSE: SNDR ) company-ow…
Tokayev Proposes Russian Role in OTS as Aliyev Skips Ankara Summit
Kazakh President Kassym-Jomart Tokayev has proposed inviting Russia to cooperate with the Organization of Turkic States (OTS) or granting it observer status. He made the proposal on October 30 at the summit in Ankara, where Türkiye assumed the organization’s rotating chairmanship from Azerbaijan. Azerbaijani President…
Uzbekistan–Türkiye Trade Agreement to Cover More Products
Uzbekistan and Türkiye have agreed to expand the list of goods eligible for preferential trade treatment and signed agreements on business support and social security. Five documents were signed in Ankara on October 29 following talks between Presidents Shavkat Mirziyoyev and Recep Tayyip Erdoğan. Turkish Trade Minist…