Daily Infographic: Mexican authorities recorded 142 tractor-trailer thefts in April

On episode 760 of WHAT THE TRUCK?!? Dooner is joined by Covenant driver Don Lord and his son Jason. Combined, they’ve driven for over 5 million accident-free miles! Don was just honored by Covenant with a check for $7,500 and a customized truck. We’ll find out how he’s managed to stay safe while running enough…

FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago. In this week’s edition, from the March 1977 issue of American Shipper, FreightWaves looks…

Digital-oriented freight forwarder Flexport has completed its acquisition of the logistics arm of Shopify Inc., one month after it announced its plans. The deal includes Deliverr, the tech-enabled shipping services provider Shopify bought last year for $2.1 billion, and it officially puts Flexport into e-commerce fulfillment and last-mile delivery. In exchange for its fulfillment assets,…

XPO was “firing on all cylinders” during the fourth quarter. The better-than-expected report sent shares sharply higher on Wednesday. The less-than-truckload carrier reported fourth-quarter adjusted earnings per share of 77 cents, which was 15 cents better than the consensus estimate but 21 cents lower year over year (y/y). The adjusted number excluded transaction, litigation and…

By Bart De Muynck The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The ever-evolving world of supply chains throws constant challenges at shipping operations. Rising costs, complex customer demands and the need for agility all contribute to the pressure on logistics managers….

As 2023 draws to a close, the oft-predicted recession is still nowhere in sight and the S&P 500 index is flirting with a new all-time high. It was a strong year for ocean shipping stocks: They performed even better than the broader market. FreightWaves ranked 2023 shipping stock performance based on the change in the…