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Successful quarter at Expeditors boosted by hyperscaler business

All the key numbers at Expeditors International pointed upward in the third quarter at the logistics and freight forwarding company. Revenue year-on-year was up 42%, to $4.1 billion at the asset-light customs broker and freight forwarder. Despite the fact that the cost of transportation rose 49%, a faster rate than re…

FreightWaves Железные дороги
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New survey finds AI rush isn’t boosting ports earnings

A new survey of 103 industry experts has found that artificial intelligence is moving beyond trials in container ports and terminals, but measurable financial returns remain scarce. While 44% of respondents said their organizations had reached the scaling stage or beyond, Boston Consulting Group reported , only 4% rep…

FreightWaves Железные дороги
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Loamy raises $6M to flag produce before a buyer rejects it

Loamy, a Los Angeles startup that sells operations software to produce growers, packers, and distributors, has raised $6 million in seed funding led by Zeal Capital Partners. The round, announced Oct. 27, brings the company’s total funding to $10 million. Once a load misses a buyer’s spec after it ships, the grower ha…

FreightWaves Средний коридор
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Delivery AI should earn its authority one segment at a time

Salman Habib thinks AI vendors are asking retailers for too much, too soon. The vendors pitching them so far want full trust from day one, the Burq cofounder said, and that is why many retailers are still stuck deciding whether to use AI at all. Burq’s software decides how each order gets delivered, choosing among the…

FreightWaves Железные дороги
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230-plus immigrants arrested in crackdown targeting unauthorized CDL holders

Federal and state law enforcement agencies arrested more than 230 undocumented immigrants, including more than 40 commercial driver’s license holders, during a 72-hour enforcement operation spanning 15 states. The operation, dubbed Operation Guardian , was conducted Oct. 26-28 by U.S. Immigration and Customs Enforceme…

FreightWaves Торговля
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Pamt Corp. reports Q3 net loss, books 109.1% truckload OR

Truckload carrier Pamt Corp. lost money again during the third quarter. Like other carriers , it pointed to elevated driver procurement costs and the spike in diesel fuel prices as the culprits. Pamt ( NASDAQ: PAMT ) reported a net loss of $8.1 million, or 38 cents per share, on Monday after the market closed. Earning…

FreightWaves Аналитика
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Waiting on EPA ‘27 rule, Rush says it might not be soon

With the trucking sector anticipating the release of the final rule by the Environmental Protection Agency on nitrogen oxide (NoX) standards–known colloquially as EPA ‘27–and what engines need to do to get there, one of the country’s biggest truck retailers took the issue head on its recent earnings call with analysts…

FreightWaves Порты и суда
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SONAR SCI: Custom Insights Now Includes Conversion Optimization: Shows Shippers Where to Switch Modes and What They Can Save

The newest module in Supply Chain Intelligence: Custom Insights uses a shipper’s own freight data to flag lanes that could move from truckload to intermodal, or between spot and contract, and estimates the savings lane by lane. SONAR has added mode conversion optimization to SCI: Custom Insights, part of its Supply Ch…

FreightWaves Железные дороги
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Amazon, retailers paid more for freight in 3Q

Higher fuel and transportation expenses weighed on retailers’ supply chains during the third quarter, even as fulfillment improvements helped some companies contain costs. Early reports from Amazon, Tractor Supply and Carter’s point to an uneven environment heading into the holiday season, with shipping inflation alon…

FreightWaves Порты и суда
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Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight

#fwtv_LtCkVDuHfw .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_LtCkVDuHfw .fwtv-panel p{margin:0 0 12px}#fwtv_LtCkVDuHfw .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} ZET Scale, a shipper alliance, just placed the larg…

FreightWaves Средний коридор
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LTL vs. Truckload: Who emerged stronger from Q3 earnings reports?

#fwtv_2pLMzTsETo .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_2pLMzTsETo .fwtv-panel p{margin:0 0 12px}#fwtv_2pLMzTsETo .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} FreightWaves Finance Editor Todd Maiden breaks down…

FreightWaves Санкции и риски
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WARNING: Don’t Expect This Freight Cycle to End Soon

#fwtv_hkx7GLOu7gU .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_hkx7GLOu7gU .fwtv-panel p{margin:0 0 12px}#fwtv_hkx7GLOu7gU .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} FreightWaves expert breaks down 20 years of frei…

FreightWaves Железные дороги
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Parcel shipping demand to increase 4% during holidays, ShipMatrix says

Parcel carriers will deliver about 2.4 billion packages during the current peak shipping season, up 4% from the same period last year, despite high inflation, according to an estimate from ShipMatrix. The increase in parcel demand is aided by an extra shopping day this holiday season, said ShipMatrix, which helps ship…

FreightWaves Железные дороги
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Grow Your Brokerage. Keep Profitability in Focus.

More customers. More loads. More decisions that affect your bottom line. As your brokerage grows, it becomes harder to know whether the additional volume is delivering the profit you expect. The New Rules of Freight Brokerage explores why margin discipline is becoming a competitive advantage, and five practical rules …

FreightWaves Санкции и риски
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October’s 55.5 manufacturing PMI beats expectations

U.S. manufacturing activity remained in growth mode for a 10th straight month in October, with most key demand indicators remaining positive. The Monday update supported mostly positive demand commentary provided by public less-than-truckload carriers last week. Manufacturing supply executives surveyed during the mont…

FreightWaves Железные дороги
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TrashLab raises $12M to automate waste haulers’ back offices

Nearly 80% of the waste haulers using TrashLab’s software now rely on its AI agent, Haul-E, to answer inbound calls and capture after-hours orders. On Thursday, TrashLab said it raised $12 million to build more agents like it. The money funds agents for dispatch, billing, and collections that would move more of a haul…

FreightWaves Железные дороги
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Mexico destroys 52 tons of avocados after pest discovery raises export concerns

Mexican avocado producers have destroyed up to 52 tons of fruit after authorities detected a destructive agricultural pest in shipments intended for international export to the U.S. and other destinations. The seed weevil pest raises concerns about potential disruptions to U.S.-Mexico avocado trade, which generates an…

FreightWaves Порты и суда
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Boeing secures lessor order for 767 passenger-to-freighter conversion

Boeing will convert a 767-300 passenger jet into a freighter for Icelease, which also took options for up to two more conversions, as the leasing company continues to grow its freighter portfolio, the companies announced on Monday. The first aircraft is scheduled to take its production slot in the first quarter of 202…

FreightWaves Железные дороги
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Strike at busiest US port just days away as talks continue

The Pacific Maritime Association and International Longshore and Warehouse Union Local 26 have signed a contract extension through 5 p.m. Pacific Time on Wednesday, Nov. 4, temporarily postponing a potential work stoppage at the ports of Los Angeles and Long Beach while negotiations continue. The two sides will contin…

FreightWaves Железные дороги
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Şanlıurfa light rail construction contract awarded

TURKEY: Şanlıurfa municipality has let a contract to construct the first phase of the city’s future light rail system to a consortium of Sigma İnşaat, Emreray Enerji and Vestan İnşaat. The consortium submitted a winning bid of TL3.39bn, the lowest of seven bids received. Phase 1 involves construction of a 14 km north-…

RailTech.com Железные дороги
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Flexport volumes up 40% as headcount grows only 5%

Flexport’s freight volumes are up 40% from a year ago while its headcount has grown 5%, founder and CEO Ryan Petersen told FreightWaves. He credits the gap to artificial intelligence tools the company now runs across customs, routing and its own engineering teams. The AI has a limit in customs, the most regulated part…

FreightWaves Порты и суда
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Ocean line sale expands Europe logistics reach for US shippers

Spain’s Boluda Shipping has agreed to acquire Samskip in a deal aimed at building a broader European short-sea and inland freight network , potentially giving U.S. businesses more integrated options for moving cargo beyond Europe’s major ports. The transaction is expected to close Jan. 1, 2027, subject to regulatory a…

FreightWaves Средний коридор
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AIT Worldwide snaps up Australian forwarder involved in big tech buildout

AIT Worldwide Logistics announced late Sunday night it has acquired Australian freight forwarder Connor Anderson International, giving the fast-growing Chicago-based freight forwarder a significant foothold in the Oceania market and the ability to capitalize on the boom in data center construction there. Connor Anders…

FreightWaves Средний коридор
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Borderlands Mexico: Cabotage enforcements threatening cross-border trucking

Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in Borderlands Mexico: Cabotage enforcements threatening cross-border trucking; Nuevo León slashes Colombia Bridge toll fees 50% to boost cross-border trucking; and Walmart plans $400M…

FreightWaves Средний коридор