On today’s episode of WHAT THE TRUCK?!? Dooner is joined by J.B. Hunt President Shelley Simpson to talk about leading through a freight recession; the mission to create the most efficient trucking company in North America; learnings from million mile drivers; and the keys to culture. Travelers’ Craig Leinauer breaks open the topic of carrier-to-carrier…
Logistics real estate operator Prologis announced Monday it entered into an all-cash agreement to acquire a $3.1 billion industrial real estate portfolio from Blackstone. The acquisition includes nearly 14 million square feet of space from various real estate funds held by Blackstone (NYSE: BX). The deal allows Prologis (NYSE: PLD) to expand its presence in…
There are several types of fraud plaguing the transportation industry. Double brokering is on the rise, costing the industry over $100 million on an annual basis. Freight bill fraud — which is when freight is delivered but the payment is stolen — is also growing. Perhaps most alarming, however, is the increase in instances where…
CLEVELAND — With supply chains and freight-related companies facing more challenges than ever before, two companies showcased their solutions at Innovation Alley during FreightWaves’ Future of Supply Chain event in Cleveland. Innovation Alley provided a platform for companies to present and record seven-minute demos filmed by FreightWaves TV and demonstrate their products and services in…
The Surface Transportation Board backed Navajo Transitional Energy Company’s (NTEC) request to compel BNSF to ship more coal from NTEC’s mine in Montana. However, the decision wasn’t unanimous, and it reflects the lack of direction that the board has in trying to determine whether a Class I railroad is fulfilling its common carrier obligation to…