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FreightWaves NOW

FreightWaves

Join the FreightWaves cast and crew every weekday morning at 9 am EST

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5:27

The Daily | September 22, 2025

FreightWaves NOW ·

2025/09/22

This week’s deep dive unpacks the relentless surge of nearshoring at the U.S.-Mexico border, where year-to-date trade has surpassed the $507 billion mark, cementing Mexico’s place as the number one U.S. trade partner. We examine how logistics firms like Uber Freight are heavily integrating customs, brokerage, and transportation services to digitalize the “black hole” at the border and navigate the growing complexity of USMCA rules and new tariffs. We shift from land to air to analyze how the U.S

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2:16

Morning Minute | September 22, 2025

FreightWaves NOW ·

2025/09/22

Uber Freight is betting big on cross-border trade, deepening its imprint in Mexico by integrating customs, brokerage, and transportation services to help shippers navigate the complex trade environment, especially as U.S.-Mexico trade has surged 21% this year. The company uses a digitized method to provide visibility at the border, which historically has been referred to as the "black hole" in logistics, and helps customers avoid extra duties or delays due to shifting regulations like USMCA rules of

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5:36

The Daily | September 19, 2025

FreightWaves NOW ·

2025/09/19

Amazon has aggressively expanded its third-party logistics footprint. They opened their Multi-Channel Fulfillment service to merchants on rival platforms like Shein, Shopify, and Walmart, leveraging their scale to become the default logistics backbone for e-commerce.We analyze the major corporate reality shift in Less-Than-Truckload as FedEx Freight remains firmly on track to become an independent public company by June 2026, trading on the NYSE as FDXF. Despite a constrained LTL market due to a

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2:32

Morning Minute | September 19, 2025

FreightWaves NOW ·

2025/09/19

FedEx Freight is becoming a standalone public company, with its parent planning to spend $600 million to enhance its IT systems and infrastructure ahead of the separation . Consolidated adjusted earnings for FedEx were strong for the fiscal first quarter, exceeding expectations even though FedEx Freight revenue saw a 3.1% year-over-year decline. Hear the latest on the ongoing labor negotiations as Canada Post prepares to present a new contract offer to unionized mail carriers in an effort to break

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6:35

The Daily | September 18, 2025

FreightWaves NOW ·

2025/09/18

August saw an accelerated decline in freight shipments, particularly in less-than-truckload (LTL) volumes, marking the largest year-over-year drop since October 2023. Meanwhile, the Port of Los Angeles experienced record container traffic in July and August due to early holiday stocking, but anticipates a significant slowdown through the end of 2025 as economic caution grows and new ship fees are implemented. In a move to enhance infrastructure, Outpost has secured $1 billion in funding to double

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1:06

Morning Minute | September 18, 2025

FreightWaves NOW ·

2025/09/18

Learn more about your ad choices. Visit megaphone.fm/adchoices

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5:28

The Daily | September 17, 2025

FreightWaves NOW ·

2025/09/17

Major carriers like DHL Express and FedEx Express are making significant, strategically expanded, and sustainability-focused moves. DHL recently inaugurated a new $94 million international hub at Barcelona International Airport, which boasts a seven-fold capacity increase, processing over 20,000 pieces per hour, and features a full solar array and 37 electric chargers for its vans. Similarly, FedEx opened a new 19,000-square-foot dedicated freight facility at East Midlands Airport in the UK,

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2:25

Morning Minute | September 17, 2025

FreightWaves NOW ·

2025/09/17

Large chunks of publicly available data on carriers have vanished from the FMCSA's website, impacting transparency for safety scrutiny efforts. Neither the FMCSA nor the Department of Transportation has yet offered an explanation for this significant data disappearance. Yellow Corp. is selling a Baltimore service center for $4.7 million, with only 11 terminals now remaining from its original 325-plus locations. Yellow has successfully sold over 200 service centers for nearly $2.4 billion since

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2:19

Morning Minute | September 16, 2025

FreightWaves NOW ·

2025/09/16

The Transportation Intermediaries Association (TIA) is sounding the alarm over broker liability. The Supreme Court is currently weighing requests to hear two cases, Total Quality Logistics v. Cox and Montgomery v. Caribe Transport II, which highlight conflicting circuit court rulings that create an "acute existential threat" for small brokers. A significant victory against cargo theft, as California authorities recovered over $1.4 million in stolen consumer electronics. This bust was made possible

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5:31

The Daily | September 3, 2025

FreightWaves NOW ·

2025/09/03

CloudTrucks has expanded its "Road to Independence" program by launching FleetFirst Leasing LLC, a new lease-to-own provider aimed at making truck ownership more accessible for company drivers. This initiative stands in stark contrast to a widespread Class A CDL fraud scheme in Louisiana, where six people were indicted for selling passing grades without required tests for approximately $6,500.A federal judge in Georgia allowed a lawsuit to proceed against GFA Alabama Inc. and Glovis Georgia,

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2:19

Morning Minute | September 3, 2025

FreightWaves NOW ·

2025/09/03

Container rates remained largely unchanged last week despite a drop in freight volumes on most major trade routes. Rates from Asia to the US West Coast ports held steady at $1,700 per FEU, and $2,700 per FEU to East Coast ports, as carriers grapple with demand ahead of China's Golden Week. You can read more about this in "Ocean rates unchanged even as freight volumes decline - FreightWaves". Six individuals were arrested in Louisiana for a scheme to falsely issue Class A Commercial Driver's

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6:37

The Daily | September 2, 2025

FreightWaves NOW ·

2025/09/02

Mexico's industrial boom, highlighted by the new $540 million Wellness Development Hub in Huamantla, is the first of 15 centers projected to attract $277 billion in investment and 300,000 jobs by 2030.Cross-border opportunities face challenges, exemplified by the U.S. labor dispute against Mexican meatpacker Alimentos Grole, resulting in a suspension of goods liquidation due to alleged worker rights suppression. Additionally, a major U.S. appeals court ruling found most of Trump's broad import

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2:19

Morning Minute | September 2, 2025

FreightWaves NOW ·

2025/09/02

Major parcel carriers like UPS and DHL are hiking surcharges ahead of the holiday season, with UPS adding fees for residential services, next-day air, oversized packages, and high-volume shippers starting September 8th. These increases, which follow earlier announcements from FedEx and UPS, are designed to ensure operational reliability through January 17th. In a significant legal development, a federal court has ruled most of President Trump's tariffs illegal, finding that the emergency law he

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5:48

The Daily | August 29, 2025

FreightWaves NOW ·

2025/08/29

Discover how Aurora and McLeod Software have partnered to integrate autonomous trucks directly with mainstream Transportation Management Systems (TMS), marking an industry first. This "plug-and-play" integration aims to streamline autonomous vehicle adoption for mid-sized fleets of 100 to 1,000 trucks, supporting vital functions like scheduling and invoicing, with a full rollout planned for 2026 to McLeod’s 1,200+ customers. On the infrastructure front, convenience store giant Wawa has entered the

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6:57

The Daily | August 28, 2025

FreightWaves NOW ·

2025/08/28

Discover how C.H. Robinson's aggressive adoption of AI has significantly boosted its stock price, even in a weak freight market, leading to a 52-week high. Learn about their new "Always-on Logistics Planner," an agentic AI-driven "digital teammate" within its Managed Solutions 4PL arm, which autonomously handles tasks 24/7 and has achieved 100% customer adoption among its clients.We confront the growing peril of escalating cargo theft, a critical concern in the industry, with North American cargo

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2:26

Morning Minute | August 28, 2025

FreightWaves NOW ·

2025/08/28

The official framework for the EU-U.S. trade truce has been released, aiming to halt escalating trans-Atlantic trade tensions and steady container flows. This agreement, though not yet legally enforceable, maintains existing tariffs on most European Union exports to the U.S. and on automobiles until reciprocal tariff reductions are implemented by Brussels.DHL Global Forwarding is expanding its cold chain logistics capabilities in Asia Pacific with the opening of a dual-certified pharmaceutical

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6:22

The Daily | August 27, 2025

FreightWaves NOW ·

2025/08/27

BMO’s transportation unit is a bellwether for credit and lending conditions in trucking. The bank’s loan book dipped to $13.67 billion in Q3, the lowest since early 2023, and while write-offs are down, provisions for potential credit losses and gross impaired loans remain significantly higher than pre-downturn levels.Canada Post has significant labor issues, which led to its largest-ever pre-tax loss of US$294 million in Q2 2024 due to a 36.7% plummet in parcel revenue. This decline was largely

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2:17

Morning Minute | August 27, 2025

FreightWaves NOW ·

2025/08/27

U.S. businesses are increasingly claiming USMCA exemptions as rising tariffs on steel, aluminum, and other goods push import costs higher. This has led to a sharp increase in USMCA compliance for goods from Canada, reaching 81% in June, and from Mexico, now at 77%. Massachusetts state troopers sentenced after involvement in a CDL fraud scheme. Calvin Butner received three months in jail and Perry Mendes one month, both for falsifying CDL test scores and giving passing grades to unqualified

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6:19

The Daily | August 26, 2025

FreightWaves NOW ·

2025/08/26

The benchmark diesel price, which has now declined for a fifth consecutive week, reaching $3.708/gallon for a total drop of 10.4 cents since late July. This downward trend is linked to relative oil price stability, even as Midwest refinery issues impact gasoline prices without significantly affecting diesel.Korean Air has made a significant order for eight Boeing 777-8 freighter aircraft, part of a larger $50 billion deal that helps Boeing compete with Airbus in the next-generation widebody

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2:17

Morning Minute | August 26, 2025

FreightWaves NOW ·

2025/08/26

Berkshire Hathaway Chairman Warren Buffett announced his company will not bid for CSX or Norfolk Southern, opting instead for BNSF Railway to form closer alliances for growth synergies. This decision came after Union Pacific's $85 billion deal to acquire Norfolk Southern, despite Wall Street expectations for a competitive bid. The American Trucking Association (ATA) is facing a lawsuit from three former employees of its Transport Topics publication, alleging wrongful termination based on age and

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