FreightWaves NOW

FreightWaves
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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.

  1. House Passes Major Trucking Bill, Ontario Training Audit Failures, & Supreme Court CDL Ruling | The Morning Minute

    9 HR AGO

    House Passes Major Trucking Bill, Ontario Training Audit Failures, & Supreme Court CDL Ruling | The Morning Minute

    In this episode, we kick things off by examining a sweeping piece of legislation that just cleared its first major hurdle on Capitol Hill. The House Transportation and Infrastructure committee has overwhelmingly approved the BUILD America 250 Act by a decisive sixty-two to two vote, drawing rare bipartisan praise from both OOIDA and the American Trucking Associations. Two provisions in the sprawling, thousand-plus-page bill are generating particular attention from truckers: mandatory bathroom access at facilities where drivers are delivering or loading cargo, and expanded funding for commercial vehicle parking under an improved version of Jason's Law, which is named after a driver murdered in 2009 while parked at an abandoned gas station. Next, we head north to examine a damning government audit that's exposing widespread failures in commercial driver training oversight. Ontario Auditor General Shelley Spence's office sent undercover secret shoppers to six truck driving schools, uncovering shocking compliance gaps where two private career colleges provided only fifty-nine and eighty-one hours of training, well below the province's mandatory minimum of one hundred three point five hours. The audit also revealed that Ontario's Ministry had never inspected fifty-four of the province's two hundred sixteen registered private career colleges offering Entry Level Training as of March 2025, despite industry groups warning officials as early as 2017 that stronger compliance measures were desperately needed. Finally, we cover a high-profile interstate legal battle over commercial driver licenses and immigration. On Tuesday, the Supreme Court rejected Florida's attempt to sue California and Washington over the issuance of CDLs to immigrants who are not legally authorized to be in the United States. The case stemmed from a deadly crash on Florida's Turnpike in August 2025 involving a truck driver from India who held a valid CDL issued by California, with Florida's Attorney General seeking an injunction barring the two states from issuing licenses to applicants who are not U.S. citizens or lawful permanent residents. The court's refusal to hear the case leaves existing CDL licensing rules in California and Washington intact. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  2. Stord Raises $250M, $49M Nuclear Verdict in Texas, & Phillips Connect Names New President | The Morning Minute

    1 DAY AGO

    Stord Raises $250M, $49M Nuclear Verdict in Texas, & Phillips Connect Names New President | The Morning Minute

    In this episode, we kick things off by examining a massive late-stage funding round that's positioning a fast-growing logistics specialist to take on Amazon's e-commerce dominance. Atlanta-based Stord announced it has raised $250 million in Series F venture capital funding that values the company at $3 billion, doubling its valuation in just twelve months. The new funds will go towards launching Stord Labs, a development hub aimed at rapidly building and deploying agentic AI, robotics and advanced automation by leveraging data from real orders coming through the company's live operating system. Meanwhile, a Texas jury has handed down a staggering nuclear verdict against a trucking company that may no longer even be in business. Last week in Ector County, Texas, a jury awarded $49 million against Texas-based carrier OPG Logistics and driver Biorkys Sanchez Fernandez following a January 2025 crash that killed 29-year-old Steffan Mick. The attorney for OPG reportedly said the company was no longer in business even as a defense was mounted, and with a defendant whose very existence is in doubt, the massive question remains just how much the Mick family will ultimately be able to collect. Finally, we cover a major leadership move at a smart trailer technology company that signals the freight industry's fundamental shift toward connected and autonomous operations. California-based Phillips Connect announced that Mark Wallin, the principal architect of its technical roadmap and customer strategy, has been named president and general manager. Wallin joined Phillips Connect in January 2024 as general manager and senior vice president of product, and has spent the past eighteen months reshaping how the company approaches the market by expanding platform capabilities while lowering barriers to adoption. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  3. Trucking Insurance Costs Soar, Echo Broker Case Remanded, & Rail Safety Bill Advances | The Morning Minute

    5 DAYS AGO

    Trucking Insurance Costs Soar, Echo Broker Case Remanded, & Rail Safety Bill Advances | The Morning Minute

    In this episode, we kick things off by examining the brutal reality of commercial trucking insurance as premiums have surged at double the rate of inflation while insurers themselves operate deep in the red. The American Transportation Research Institute documents an average annual premium increase of eight point three percent between twenty seventeen and twenty twenty-five, with smaller fleets bearing the heaviest burden at a staggering twenty point three cents per mile. Next, we explore the seismic shift in broker liability law as a major case previously won by Echo Global Logistics has been sent back to a lower court following the Supreme Court's landmark Montgomery decision. This unanimous ruling opens the door for brokers to be held liable for negligent hiring, and plaintiff attorneys are already aggressively screening catastrophic trucking cases for broker involvement at intake. Finally, we shift over to the rails to discuss the fierce battle over a Trump-backed safety measure as the Association of American Railroads slams the Railway Safety Act's inclusion in a major transportation funding bill. The legislation mandates two-person crews and stronger inspections, prompting railroad leaders to call out what they describe as hypocrisy for locking yesterday's operating models into federal law while simultaneously creating a framework for autonomous trucks. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  4. FMCSA Revokes 12 ELDs, Zim's $86M Loss, & Fleetworthy Debuts Unified Platform | The Morning Minute

    6 DAYS AGO

    FMCSA Revokes 12 ELDs, Zim's $86M Loss, & Fleetworthy Debuts Unified Platform | The Morning Minute

    In this episode, we kick things off with a massive compliance crackdown hitting the trucking industry, as the Federal Motor Carrier Safety Administration added twelve electronic logging devices to the revoked list in the largest single-day event since May 2025. All twelve failed to meet minimum technical requirements, bringing the total to seventy-nine devices removed since January 2025 at an aggressive pace of nearly five per month. If you're running any of these devices, you have until July 20th to replace them with a compliant ELD or face citations and out-of-service violations. Over in the ocean shipping sector, we explore how ZIM Integrated Shipping Services posted a net loss of $86 million in the first quarter, a massive reversal from $296 million in net income one year earlier. The Israeli liner, set to be acquired by Germany's Hapag-Lloyd, saw revenues slump 30 percent to $1.4 billion as its average freight rate per TEU crashed 26 percent to just $1,310, reflecting a softer freight rate environment and weaker demand. Finally, we cover the evolving world of fleet technology as Fleetworthy unveiled three major platform enhancements at its Customer Roadshow event in Austin, including a unified cross-platform login, Centralized Vehicle Management, and the debut of the FleetworthyGO mobile app. These upgrades create a single source of truth for vehicle information across Fleetworthy's various products, allowing fleets to manage compliance, toll management, permitting, and weigh station bypass activities from one centralized platform. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  5. Einride's Ohio AV Deployment, Volvo's 2027 D13 Engine, & BNSF Ops Chief Out | The Morning Minute

    20 MAY

    Einride's Ohio AV Deployment, Volvo's 2027 D13 Engine, & BNSF Ops Chief Out | The Morning Minute

    In this episode, we kick things off by examining autonomous trucking's major geographic expansion as Einride deploys cabless electric trucks in Ohio in partnership with EASE Logistics. This proof-of-concept deployment represents a significant shift beyond the Sun Belt, bringing SAE Level 4 autonomous technology to the industrial Midwest for the first time. Operating between warehouses in Marysville, the project is part of Ohio and Indiana's Truck Automation Corridor initiative to evaluate real-world impacts on safety and freight efficiency. Next, we explore the equipment sector where Volvo Trucks North America has unveiled a completely redesigned D13 engine engineered to meet 2027 EPA standards taking effect January 1st. The next-generation powerplant slashes nitrogen oxide emissions by a staggering eighty-three percent and particulate matter by fifty percent, making it Volvo's cleanest engine ever. With compacted graphite iron block construction, a higher compression ratio, and innovative fourteen-wave piston design, the engine delivers up to 540 horsepower while fundamentally redefining heavy-duty performance and environmental compliance. Finally, we cover a sudden leadership shakeup at the western Class I railroad as BNSF's chief operations officer departed after just five months in the top operations role. Matt Garland, a twenty-five-year BNSF veteran who took the COO position on January 1st, has been replaced by Craig Morehouse, who will now oversee the entire operations organization. The abrupt transition comes as Berkshire Hathaway's new leadership pushes BNSF to further improve its operating ratio and operational performance. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  6. $240B Transportation Bill, BNSF-UP Rate War Explodes, & Cargo Fraud Schemes Surge | The Morning Minute

    19 MAY

    $240B Transportation Bill, BNSF-UP Rate War Explodes, & Cargo Fraud Schemes Surge | The Morning Minute

    In this episode, we kick things off in Washington, where the U.S. House of Representatives has just unveiled the BUILD America 250 Act, a sprawling federal surface transportation reauthorization package. This massive legislation allocates $240 billion in authorized and direct funding for trucking, rail, aviation, and ports, including a historic $102 billion investment in passenger and freight rail—the largest federal rail commitment since Amtrak's creation—along with $110 billion for roads and bridges, $17 billion for port upgrades, and $25 billion for airport modernization. Debate on the bill begins Thursday, just months before the current authorization expires in September. Shifting gears to the rails, we examine a brutal rate war erupting between two Class I giants as they battle for freight customers in front of federal regulators. Union Pacific has filed a 129-page complaint with the Surface Transportation Board alleging that BNSF Railway hiked reciprocal switching charges by as much as 472 percent at locations where UP recently won or grew business from BNSF customers. UP claims BNSF canceled longstanding unit grain train switching rates and forced customers to pay nearly triple the cost under merchandise train rates, while BNSF has rejected entire unit train shipments this month, allegedly to make UP service noncompetitive and drive shippers back to BNSF. Finally, we unpack the evolving threat landscape in supply chain security as traditional cargo theft tactics give way to far more sophisticated criminal operations. While overall theft incidents declined to 574 in the first quarter of 2026, deceptive pickup fraud schemes using fake identities and forged credentials jumped 31 percent year over year, with nearly half of those fraud incidents occurring in California. Electronics remained the most frequently targeted cargo at 17 percent of all incidents, while auto and parts thefts surged 142 percent from Q4 2025, prompting warnings from security experts that organized criminal networks are heavily investing in fraud infrastructure that traditional security measures like padlocks simply cannot stop. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  7. 5,100+ Freight Layoffs, $7M Florida Theft Ring, & MicroVision's Luminar Deal | The Morning Minute

    18 MAY

    5,100+ Freight Layoffs, $7M Florida Theft Ring, & MicroVision's Luminar Deal | The Morning Minute

    In this episode, we kick things off by examining a brutal wave of workforce cuts hitting the U.S. supply chain sector. More than 5,183 freight-related workers have been affected by shutdowns, restructurings, and contract losses spanning at least twenty states across logistics, manufacturing, and transportation. The largest single reduction came from California-based FreshRealm, which filed for Chapter 11 bankruptcy after disruptions tied to a 2025 listeria outbreak, with major cuts at third-party logistics operators and automotive parts manufacturers also contributing to the staggering totals. Next, we explore how Florida law enforcement has dismantled a massive organized theft ring in an investigation known as Operation D-Fence. Authorities arrested fourteen people and estimate that roughly $7 million in proceeds moved through the criminal enterprise over the last year, with the operation allegedly functioning like a business complete with theft crews, transportation networks, centralized storage locations, and online resale channels targeting major retailers and construction sites across Florida, Indiana, Kentucky, and Tennessee. Finally, we unpack how the wreckage of the autonomous driving boom is being repurposed into a new generation of commercial trucking safety technology. MicroVision secured Luminar's assets for $33 million after the company's bankruptcy, gaining production programs with Volvo, an ASIC design team in Colorado Springs, and world-class validation facilities in Orlando. For fleet operators, the value proposition translates directly to cost-per-mile savings, with advanced driver-assistance systems delivering substantial accident cost avoidance and some insurers offering up to twenty percent reduced premiums. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    4 min
  8. SCOTUS Rules 9-0 Against Brokers, Trans-Pacific Capacity Tightens, & Dollar Tree Expands | The Morning Minute

    15 MAY

    SCOTUS Rules 9-0 Against Brokers, Trans-Pacific Capacity Tightens, & Dollar Tree Expands | The Morning Minute

    In this episode, we kick things off by examining a landmark Supreme Court decision that fundamentally reshapes liability for the freight brokerage industry. The Court ruled unanimously on Thursday that the safety exception of the Federal Aviation Administration Authorization Act includes freight brokers, settling conflicting circuit court cases and clearing the way for negligent-hiring claims in state court. The decision in Montgomery versus Caribe Transport II allows C.H. Robinson to return as a defendant when the case is remanded to the Seventh Circuit. Next, we explore the ocean freight sector where carriers are tightening trans-Pacific eastbound capacity by blanking sailings around China's May Day holiday, creating the firmest supply-demand environment of the year. Meanwhile, Houston's containerized cargo volumes are surging as West Coast ports see year-over-year declines, driven by ship canal improvements that now allow larger and heavier vessels to access the Gulf Coast port. Executives expect carriers to hold mid-May general rate increases as tighter vessel supply supports higher pricing heading into summer shipping season. Finally, we cover a massive infrastructure investment to optimize distribution across the Southwest as Dollar Tree opens a one million-square-foot distribution center in Litchfield Park, Arizona. The climate-controlled facility, one of Dollar Tree's largest, will service about seven hundred stores across five states and help move product closer to stores for faster customer delivery. The value retailer now operates nineteen distribution centers supporting over nine thousand stores across North America. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    3 min
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About

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.

Information

  • Creator
    FreightWaves
  • Years Active
    2023 - 2026
  • Episodes
    2k
  • Rating
    Clean
  • Copyright
    © FreightWaves
  • Show Website
    FreightWaves NOW

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