Top Stories
Technology
Paxafe raises $9M, highlights 330% revenue growth over past year
AI software provider Paxafe looks to continue its strategic partnership strategy while expanding globally and building its sales team.
Borderlands: Mexico
US-Mexico trade tops $200B in first quarter of 2024
Trucking Regulation
House seeks to crack down on Postal Service trucking contractors
Borderlands: Mexico
Borderlands Mexico: Developers bullish on Texas logistics real estate
Editor's Picks
Chart of the Week
It’s Florida season
Mother’s Day tightness has returned to the Florida refrigerated freight markets, but this year is different.
Autonomous Freight
Could autonomous trucks help save the planet?
Truck Driver Issues
Truck transportation jobs break 6-month string of gains with slight loss
Less than Truckload (LTL)
XPO cruises past Q1 consensus estimate
Company Earnings
RXO, still suffering from weak market, touts Q1 volume growth
American Shipper
Air Cargo
Aloha Air Cargo to cease Los Angeles-Honolulu freighter service
Aloha Air Cargo has decided to close its Los Angeles-Honolulu lane, effective June 1, because of weak demand, FreightWaves has learned. The route is marketed by Aloha, which signs customers […]
Infographics
FBX Report: May 02, 2024
Modern Shipper
Electric Trucks
FedEx charges ahead with emission-reduction plan with 150 new EVs
FedEx has ordered 150 Blue Arc EV Trucks to add to its pickup and delivery fleet in the United States in an effort to reduce carbon emissions.
Modern Shipper
Will Shein help propel Flexport’s future?
Bankruptcies and Layoffs
Layoffs and Bankruptcies
Florida carrier shuts down OTR and dedicated fleets, lays off 57 drivers
Jacksonville, Florida-based Raven Transport is shutting down its over-the-road and dedicated fleets and laying off 83 employees.
Layoffs and Bankruptcies
92-year-old Texas trucking company files for bankruptcy liquidation
AskWaves
Maritime
How safe is Red Sea? Different shipping lines have different answers
Shipping stocks are under pressure as some ocean carriers show faith in military protection from Red Sea attacks.
Chart of the Week
Chart of the Week
Abundant capacity is hiding freight pattern shifts
Demand pattern shifts are invisible in an oversupplied freight market, which may lead to problems once supply-and-demand conditions become more balanced.
Technology
Net-Zero Carbon
Sustainability
$53M project brings hydrogen-powered Hyundai trucks to California
The Center for Transportation and the Environment launched a project in California to deploy 30 of Hyundai Motor Co.’s hydrogen-powered trucks to fight emissions.
American Shipper
