FreightWaves Today

FreightWaves
  • 5.0 (2)
  • Business News
  • Daily

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. 11h ago

    FreightWaves Today | November 12

    A cyber gang called White Armor is demanding millions from J.B. Hunt, Ryder, and Echo Global Logistics, while the Logistics Managers’ Index shows inventories at their highest growth since 2022. FreightWaves Today for November 12, 2026 covers both, plus the freight market and the economy. In this episode, hosts Malcolm Harris and Zach Strickland break down the week’s top freight headlines. We also talk with Project 61 about driver health, look at the LMI with Dr. Zac Rogers, and get the latest SONAR market data and an economic update on inflation, diesel, and the Fed. Learn more about your ad choices. Visit megaphone.fm/adchoices

    FreightWaves Today | November 12

  2. 17h ago

    Cyberattack Hits Hunt, Ryder & Echo, Texas Trucker Indicted, and USPS Cuts Losses | The Morning Minute

    In this episode, we kick things off by examining a massive cybersecurity crisis affecting some of the logistics industry's biggest players. A relatively new criminal gang called Whitearmor has launched targeted attacks since late October, and J.B. Hunt, Ryder System, and Echo Global Logistics have all been hit with multimillion-dollar ransom demands. The gang claims to hold vast amounts of employee records, carrier contacts, and invoices, and all three companies now face federal lawsuits from employees alleging they failed to protect personal information. Meanwhile, federal authorities are cracking down hard on labor violations along the southern border. A Laredo-based trucking company owner has been indicted on federal charges after prosecutors allege his firm employed fifty-seven unauthorized foreign drivers on B-1 visas to haul domestic freight across the United States. By allegedly paying these drivers between twenty-five and fifty cents per mile compared to the seventy cents paid to authorized drivers, the company reportedly saved nearly three hundred thousand dollars in labor costs while violating federal immigration law. Finally, we explore the ongoing financial struggles at the nation's mail carrier as the U.S. Postal Service reduced its annual operating loss by twelve point seven percent to six point five billion dollars in fiscal year twenty twenty-six. Despite growth in Ground Advantage parcel services and marketing mail, Postmaster General David Steiner and CFO Luke Grossman are calling on Congress and regulators for urgent reforms, warning that the Postal Service could face insolvency by twenty thirty-one when its retiree health benefit fund is exhausted. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    Cyberattack Hits Hunt, Ryder & Echo, Texas Trucker Indicted, and USPS Cuts Losses | The Morning Minute

  3. 1d ago

    $760K Fuel-Card Fraud, Wing's $125M Drone Plant, & Uber Freight Workforce Shift | The Morning Minute

    In this episode, we kick things off by examining a massive federal fraud case that highlights how vulnerable fuel providers can be to identity impersonation schemes. Two Georgia men face federal charges in a $760,000 fuel-card fraud operation that exploited a legitimate Michigan trucking company's identity. The elaborate scheme involved altered documents, unauthorized credit applications, and eight Pacific Pride fuel cards that generated unpaid purchases across twenty-three states before prosecutors charged both defendants with wire fraud, mail fraud, and unauthorized access device crimes. Next, we explore Alphabet's Wing and its aggressive bet on the future of ultra-fast drone delivery as the company invests $125 million to build a major manufacturing facility in Fort Worth, Texas. The fifteen-thousand-square-foot plant will produce tens of thousands of unmanned aircraft annually to support Wing's massive expansion through its Walmart partnership, which aims to bring drone delivery to nearly twenty U.S. markets and over forty million people next year. Finally, we cover Uber Freight's strategic workforce realignment that cuts eighty jobs while simultaneously hiring nearly three hundred employees in a growth push concentrated on its rapidly expanding managed transportation business. CEO Rebecca Tinucci emphasized that the restructuring is designed to simplify operations and eliminate overlapping responsibilities, positioning the company for future growth as managed transportation deal volume has surged two and a half times year over year. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    $760K Fuel-Card Fraud, Wing's $125M Drone Plant, & Uber Freight Workforce Shift | The Morning Minute

  4. 1d ago

    FreightWaves Today | November 11

    Truckload spot rates are up 52% year over year, October set an all-time intermodal record, and AI agents are now booking more than 40% of one broker’s loads. FreightWaves Today for November 11, 2026 covers the full freight market. In this episode, we cover the $760,000 fuel card fraud case, Wing’s $125 million drone factory, and Uber Freight’s restructuring. We also have the weekly SONAR freight market update, the new SONAR MCP connector for AI tools, rail traffic from Trains magazine, and interviews on AI in freight brokerage and fleet compliance. What’s in this episode: 📰 Top freight headlines Fuel card fraud: Two Georgia men face federal charges in a $760K scheme that used a Michigan carrier’s stolen identity to get Pacific Pride fuel cards, with charges across 23 states. Drone delivery: Wing will invest $125 million in a Fort Worth, Texas manufacturing facility and expand with Walmart to nearly 20 U.S. markets, ahead of the FAA’s beyond visual line of sight rule. Uber Freight: About 80 roles are cut while 290 positions are open, and managed transportation volume is up 2.5x year over year. 🤖 AI freight brokerage and M&A (Fura) Jeff Dangelo, CEO, discusses the acquisition of Road Dog Logistics (about $30M in revenue). He also covers the AI agent “Donna,” which now handles 40%+ of bookings with a goal of 90%, plus plans for 6–12 more acquisitions next year. We also cover how small brokers are handling the spot-versus-contract squeeze and what the Montgomery ruling on broker liability means for them. 📊 SONAR freight market update Outbound Tender Rejections are at 12.88%, roughly double last November. Tender volumes are up 12% year over year. Truckload spot rates are $3.56/mile, up 52%, and contract rates are $2.88/mile, up 25%. Diesel is $6.13/gallon. Road-to-rail cost savings are at 30.2%. Intermodal volumes are at 2026 highs, while inbound ocean bookings have cooled since July. We also introduce the SONAR MCP connector, which lets you query SONAR data in plain language inside Claude, Copilot, or other AI tools. 🔧 AI for fleet compliance (Fleet Worthy) Michael Precia, President and CRO, explains Radar, Fleet Worthy’s new AI tool for tolling, safety, and compliance data. He also covers toll leakage, the Hall acquisition, and what fleets want as enforcement tightens. 🚂 Rail and intermodal (Trains magazine) Bill Stephens breaks down week 44 rail traffic (U.S. intermodal +11%) and the AAR’s October report, with a third straight record month for U.S. intermodal. He also covers Genesee & Wyoming’s plan to split into three holding companies and BNSF earnings. 🎖️ Happy Veterans Day to the veterans who keep freight moving. Learn more about your ad choices. Visit megaphone.fm/adchoices

    FreightWaves Today | November 11

  5. 2d ago

    FreightWaves Today | November 10

    Is peak season real? Truckload tender rejections hold near 12.9%, about double last year, and the Nvidia chip cargo theft shows how exposed freight is to fraud. FreightWaves Today for November 10, 2026 covers it. In this episode, we break down the freight market with data from FreightWaves SONAR. We cover truckload rejections, volumes, reefer capacity, diesel prices, air cargo, drone delivery, and the AI agents now booking freight. What’s in this episode: 📉 Truckload market and peak season outlook: Outbound Tender Rejections are flat at about 12.5–12.9%, roughly twice last year’s level. Tender volumes are up 12% year over year and 3% from October. We also look at whether rate relief before Thanksgiving will be limited this year. ❄️ Reefer market: Refrigerated tender rejections are near 21%, up from 12.6% a year ago. We also cover the strong El Niño’s potential impact on winter weather and protect-from-freeze capacity. 🚛 Spot rates by mode: We compare reefer, flatbed, and dry van spot rates. We also cover the Pacific Northwest seasonal surge and why flatbed demand tied to AI data center buildout remains strong. 📰 Top freight headlines: The RICO lawsuit against C.H. Robinson and TQL: jury selection isn’t expected until April 2028, and TQL is pushing for dismissal. COSCO Shipping Holdings reports an 81% jump in Q3 profit, with Trans-Pacific revenue up 61%. Six pallets of Nvidia hardware worth $11.4 million vanish on an Oakland-to-Fort Worth shipment, part of a wave of data center freight thefts. 🔐 Cargo theft and freight fraud: Why high-value freight needs stricter carrier vetting, security protocols, and counterparty checks. 🤖 AI agents in logistics: Joel Clum (Chief Commercial Officer) and Nick Ciubotariu(CTO) of ShipStation Global discuss the 250+ AI agents behind their platform, from email-to-quote-to-booking automation to sales tools. We also cover how small and mid-sized shippers can use AI to compete with enterprise shippers. ✈️ Air cargo and drone delivery: Eric Kulisch on why Air cargo rates are up about 30% year over year, with volumes up about 6%, driven by AI equipment shipments. Wing plans a $125 million Texas drone factory and expanded Walmart delivery, while Zipline raises new funding ahead of the FAA’s long-awaited drone rules. ⛽ Diesel prices and energy: John Kingston on the DOE average diesel price falling 16.5 cents, post-election moves in crude futures, Iran conflict risk, and the Strait of Hormuz. Learn more about your ad choices. Visit megaphone.fm/adchoices

    FreightWaves Today | November 10

  6. 2d ago

    RICO Suit Vs. C.H. Robinson, TQL Eyes 2028; COSCO Profit Up 81%; $11.4M Nvidia Theft

    In today’s Morning Minute, a massive RICO lawsuit filed by a coalition of carriers against brokerage giants C.H. Robinson and TQL won’t reach jury selection until April 3, 2028, 17 months away. TQL is pushing to move the case to state court in Ohio based on forum selection clauses, with a scheduling conference set for November 23. In ocean freight, China-based COSCO Shipping Holdings reported an 81% surge in third-quarter profit to about $2.58 billion, with revenue up 29% to $11.34 billion as geopolitical disruptions forced longer voyages and kept container rates elevated. Trans-Pacific revenue rose 61% on just 13% volume growth. Finally, six pallets of Nvidia hardware worth a reported $11.4 million vanished en route from Oakland to Fort Worth, part of a broader wave of data center freight thefts totaling nearly $111 million. Learn more about your ad choices. Visit megaphone.fm/adchoices

    RICO Suit Vs. C.H. Robinson, TQL Eyes 2028; COSCO Profit Up 81%; $11.4M Nvidia Theft

  7. 3d ago

    FreightWaves Today | November 9

    On Monday’s freight edition of FreightWaves Today, the team reflects on a week at the Up Summit and Cape Week, then dives into the day’s top transportation and supply chain stories, guest interviews, and the latest freight market data from Sonar. In this episode: 🚀 Up Summit takeaways: Reflections on the future of aviation and aerospace, how autonomy, flying taxis, and drone delivery could reshape cargo and even where people choose to live, and why public-private partnerships and government-funded innovation matter 📰 Top headlines: BNSF’s third quarter earnings rise as revenue growth outpaces volume growth Walmart and Zipline expand drone delivery to hundreds of new store locations A major methamphetamine seizure in a South Texas produce truck highlights cargo security challenges 📦 Freight market check-in: Is the consumer pulling back, and what are rejections and demand telling us about peak season? Plus a look at the impact of the CSX tech outage and New Mexico flooding on rail volumes 🎙️ Guest interview: Heidi Wyle, founder and CEO of Venti (an MIT spinout), on autonomous trucks for ports, rail yards, and other supply chain facilities, how they’re deployed, and when over-the-road autonomy could arrive 📊 Sonar update: New flatbed and LTL data in Truckload National Insights, tender rejections, demand trends, spot and contract rates, and a preview of Sonar’s upcoming MCP for accessing data through your AI tools 🔒 Fraud Watch (brought to you by Highway): The latest on freight fraud and stolen load trends 🤖 Guest interview: Adrian Smith, co-founder and CEO of Ripple, on tariffs and trade after the midterms, doing logistics business in the Middle East, why customs work is a strong fit for AI, and how to deploy the right AI model for the right job 📅 Coming up: Tomorrow’s Fuel Tuesday episode with John Kingston on the state of the energy markets Learn more about your ad choices. Visit megaphone.fm/adchoices

    FreightWaves Today | November 9

  8. 3d ago

    BNSF Q3 Earnings Climb, Walmart Drone Delivery Expands, & CBP Meth Seizure in Texas | The Morning Minute

    In this episode, we kick things off by examining a strong financial performance from one of the nation's largest Class I railroads. Listen in to learn how BNSF's third-quarter earnings rose 19.3% to $1.73 billion as higher freight volumes and improved operating efficiencies helped offset increased fuel costs. Operating revenue growth substantially exceeded shipment growth, demonstrating strong pricing power in the current market and providing a larger contribution to parent company Berkshire Hathaway during a period when its overall operating earnings declined. Next, we explore the retail sector where ultra-fast delivery is taking to the skies in a massive way. We discuss how Walmart is scaling up drone delivery in partnership with Zipline, which raised $1.5 billion in new funding to expand operations from 300 new store locations nationwide. With more than 2 million drone deliveries already completed since 2021, this expansion underscores the fierce race among big retailers to build out same-day and one-hour delivery networks. Finally, we cover a major narcotics seizure that highlights persistent cargo security challenges at the southern border. Federal authorities announced that CBP officers discovered over 1,000 pounds of methamphetamine hidden in a produce truck hauling leeks as it entered South Texas on October 30th. The seizure, valued at nearly $1 million, was part of Operation Southern Surge, a federal initiative that had resulted in 89 arrests and more than 1,600 pounds of narcotics seized as of early November. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices

    BNSF Q3 Earnings Climb, Walmart Drone Delivery Expands, & CBP Meth Seizure in Texas | The Morning Minute
See All (2K)

Ratings & Reviews

5
out of 5
2 Ratings

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 Today

You Might Also Like