FreightWaves NOW

FreightWaves

FreightWaves NOW is your daily source for the most impactful news in logistics. We break down the complex world of freight—covering trucking, rail, air, and ocean markets—to bring you actionable insights. Whether you are a carrier, shipper, or broker, we provide the data-driven context you need to navigate a volatile market.

  1. Uber Freight Hits Breakeven, EPA Probes "Limp Mode" & Military Escorts in Red Sea | The Daily

    HACE 7 H

    Uber Freight Hits Breakeven, EPA Probes "Limp Mode" & Military Escorts in Red Sea | The Daily

    In this episode, we break down how Uber Freight posted flat Q4 results but finally achieved breakeven profitability through disciplined cost measures. We also discuss the company's pivot toward autonomous trucking as a long-term strategy to drive higher asset utilization. On the asset-based side, we analyze why losses continue at Heartland Express as the carrier navigates costly fleet integrations and a soft market. Despite recording its tenth consecutive net loss, the company’s improving operating margins offer a glimmer of hope for a turnaround. Regulatory news takes center stage as the EPA targets truck engine makers to investigate widespread DEF system failures causing "limp mode" incidents. This major shift aims to treat equipment reliability as a manufacturer quality issue rather than a driver compliance problem. Global instability forces the Gemini Alliance to rely on military forces to secure Red Sea voyages, even as other carriers continue to divert around Africa. Back home, the industry faces a bureaucratic paradox where 65,000 new visas are available but remain inaccessible due to a State Department freeze. Finally, we examine the broader economic fallout as weak freight demand triggers facility closures and layoffs across the logistics and manufacturing sectors. With over 3,000 jobs cut since mid-January, the industry is questioning how much leaner operations can get. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    6 min
  2. Ghost Fleets, Florida’s $50k Fines, and the AGX Freight Collapse | The Daily

    HACE 5 DÍAS

    Ghost Fleets, Florida’s $50k Fines, and the AGX Freight Collapse | The Daily

    Join us for today’s deep dive into a supply chain defined by intense scrutiny, from federal relief to aggressive state enforcement. We begin with Washington, where bipartisan legislation aims to reform the DataQs appeals process, finally giving drivers a fair shot against flawed safety records. However, the tone shifts dramatically at the state level, where Florida is advancing severe penalties that include vehicle impoundment and $50,000 fines for unauthorized immigrant drivers. This legislative push is part of a broader trend, as federal regulators press forward with data collection on non-domiciled CDLs despite significant pushback. We also analyze confusing enforcement patterns, where a surge in English Language Proficiency violations points toward the existence of "ghost fleets" masking their true size. The data reveals impossible discrepancies between reported truck counts and the volume of roadside inspections. On the financial front, the sudden collapse of AGX Freight highlights the fragility of brokerage cash flows and the immediate risks to carriers. This shutdown exposes the inadequacy of the current $75,000 bond system, which often leaves truckers unpaid and vulnerable to fraud when brokers fail. Finally, we look ahead to a pivotal Supreme Court case regarding broker liability for negligent selection, which could fundamentally reshape risk management across the industry. We explore whether these compounding pressures are pushing small operators out of the market entirely. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    6 min

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FreightWaves NOW is your daily source for the most impactful news in logistics. We break down the complex world of freight—covering trucking, rail, air, and ocean markets—to bring you actionable insights. Whether you are a carrier, shipper, or broker, we provide the data-driven context you need to navigate a volatile market.

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