FreightWaves Today

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. Carrier Bankruptcies & Layoffs, LRT Group Acquires F2F Transport, & Cass Signals Recovery | The Morning Minute

    18 h fa

    Carrier Bankruptcies & Layoffs, LRT Group Acquires F2F Transport, & Cass Signals Recovery | The Morning Minute

    In this episode, we kick things off by examining a brutal new wave of financial distress hitting the transportation and logistics sector. Over the past ten days, trucking companies, truck dealers, and logistics providers have filed for bankruptcy protection while hundreds of workers faced layoffs nationwide. Notable filings include Laredo-based Triple RRR Carriers, a cross-border trucking company that operated a fleet of 177 power units, and Dallas-area logistics provider Alan Ritchey Inc., which will lay off 232 employees beginning in September. Next, we shift to the truckload sector where a strategic acquisition is poised to expand growth opportunities across the Southeast. Chattanooga-based F2F Transport announced that it has been acquired by LRT Group, a Fort Payne, Alabama-based transportation holding company focused on building transportation-based businesses. The move is expected to create new opportunities for growth and expanded service offerings, including increased access to dedicated freight opportunities for F2F's network of owner-operators. Finally, we explore a closely watched freight index that is signaling a positive inflection point may finally be on the horizon. According to a Monday report from Cass Information Systems, a positive inflection in freight shipments now appears likely after 40 months of year-over-year declines. The multimodal shipments component of the Cass Freight Index dipped just 1.2% year over year in May, the smallest decline in 18 months. Assuming historical seasonal trends, the index is projected to log a 1.8% year-over-year increase in the back half of 2026. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  2. Chinese Ship Tax Debate, Port of LA Volume Decline, & Autonomous Texas-Mexico Corridor | The Morning Minute

    1 g fa

    Chinese Ship Tax Debate, Port of LA Volume Decline, & Autonomous Texas-Mexico Corridor | The Morning Minute

    In this episode, we kick things off in Washington, where a renewed push to tax Chinese cargo ships has agricultural shippers warning of catastrophic consequences for U.S. crop exporters. Democratic Senators Mark Kelly and Elizabeth Warren are pressing the Trump administration to reinstate port fees on Chinese vessels, charges that were suspended until November after China applied reciprocal fees. The Agriculture Transportation Coalition warns the proposals threaten the very existence of large segments of U.S. agriculture by denying them the ability to continue exporting. Next, we head west to examine how the nation's busiest container gateway is bracing for a significant downturn while massively ramping up infrastructure spending. The Los Angeles Board of Harbor Commissioners has approved a three point four billion dollar annual budget even as the port forecasts a seven percent decline in box volumes to nine point three million TEUs. Despite the volume decline driven by trade volatility and China's shrinking import share, the budget increase of six hundred sixty-five million dollars over the prior year is mostly driven by a thirty-one percent expansion for capital improvements. Finally, we explore a bold vision for autonomous cross-border freight taking shape along the Texas-Mexico border as industry leaders debate the Green Corridors project at a major Laredo conference. The privately funded initiative proposes a one hundred sixty-five-mile elevated guideway linking Laredo and Monterrey through a network of autonomous freight shuttles. The system would feature secure terminals connected by a closed-loop automated corridor designed to bypass traditional border bottlenecks, with the capacity to handle as many as ten thousand trailers per day in each direction and a targeted twenty thirty launch. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  3. Volvo Goes Driverless in Q1 2027, Ag Retailers Fight UP-NS Merger, & TIA Seeks Broker Clarity | The Morning Minute

    4 gg fa

    Volvo Goes Driverless in Q1 2027, Ag Retailers Fight UP-NS Merger, & TIA Seeks Broker Clarity | The Morning Minute

    In this episode, we kick things off with a massive milestone for autonomous trucking as Volvo Autonomous Solutions plans to remove safety drivers from its trucks in early 2027 and begin fully driverless operations on U.S. highways. The company currently runs commercial freight daily in Texas with safety drivers aboard, but projects it will have over three hundred autonomous trucks operating by the end of 2027, with industrial scaling beginning in 2028 and revenue approaching three billion dollars within five years. Over on the rails, agricultural retailers are raising serious alarm bells about the proposed Union Pacific-Norfolk Southern mega-merger and its impact on the agribusiness sector. The Agricultural Retailers Association, which represents more than five thousand retail locations nationwide, warns that freight rail rates have risen over forty percent in the past twenty years—seventy percent faster than truck rates—and that further consolidation among the four Class I carriers controlling ninety percent of rail traffic directly threatens supply chain reliability for moving fertilizer, chemicals, and fuel to America's farms. Finally, we explore how the Transportation Intermediaries Association is pushing FMCSA for federal clarity on approved carrier selection standards following the landmark Montgomery versus Caribe Transport II Supreme Court decision. With more than ninety percent of authorized motor carriers currently operating without an FMCSA safety rating, the TIA is requesting a federal rulemaking that would establish objective criteria to help brokers and shippers determine whether the use of a given carrier is reasonable based on demonstrable safety performance. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min

Descrizione

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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