FreightWaves Infographics: US-Mexico trade rises to $67B in February

On Jan. 3, 2023, the transportation world awoke to the news that Bob Biesterfeld, president and CEO of freight broker and 3PL giant C.H. Robinson Worldwide Inc., had resigned his posts. The company’s stock, which had already dropped more than 15% from around $120 a share in August, registered little immediate reaction to Biesterfeld’s abrupt…

Truck transportation jobs fell in July for the fourth consecutive month and now are 30,000 jobs less than where they stood a year ago.  The four-month sequence of job declines in the truck transportation sector reported by the Bureau of Labor Statistics, following revisions, is a decline of 1,600 jobs in April, 6,800 jobs in…

A popular father-and-son trucking logistics sales team is making a big change under the family rig. Ed Burns, a multidecade veteran whose height and size long ago spawned the nickname “Big Ed,” will assume the new position of chief relationship officer, effective immediately, Shoemakersville, Pennsylvania-based company Burns Logistics said. His son, who is Ed Jr….

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Daimler Truck gathered analysts in Boston this week for a series of business updates often punctuated by the words “in sunny conditions.” The description was less of a hedge on performance than a description of where the global market-leading OEM sees its business heading. CFO Jochen Goetz explained how the terminology came about. “The analogy…

On today’s episode of WHAT THE TRUCK?!? Dooner is talking to gCaptain’s John Konrad V about the escalating conflict in the Red Sea and how it is already impacting freight.  FreightWaves market expert Donny Gilbert breaks down the trucking data driving rates. Capacity is leaving the market at an accelerated pace but is it helping…