Freight

Faced with an increasingly vulnerable global supply chain, manufacturers are building greater logistical resilience both through reshoring and nearshoring their operations, experts said. The reshoring of manufacturing operations to the U.S. from overseas and foreign direct investment (FDI) created...

Cathay Pacific will partially resume long-haul cargo service on Friday following a week-long suspension tied to Hong Kong's more aggressive quarantine measures for cockpit crews and operate at about a fifth of its pre-pandemic cargo capacity for the month of January, FreightWaves has learned. The...

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Electric van maker BrightDrop said that FedEx Express and Walmart (NYSE: WMT) has placed orders for a total of 7,000 vehicles, with the FedEx order potentially expanding to include an additional 20,000 units pending the successful conclusion of ongoing negotiations. The announcement was made...

Nikola Corp. has dropped its $2 billion patent infringement suit against Tesla Inc. after months of inactivity that led a federal judge to all but end the nearly 4-year-old case for the two companies. The companies have agreed to withdraw all claims and counterclaims against each other, according...

When it was called the Consumer Electronics Show, the annual Las Vegas trade show was about personal electronics innovations, but in recent years CES has transitioned into the future of mobility. This year's show is no different, with several companies this week introducing the latest vehicle...

Freight management system EKA Solutions announced Wednesday it has established RMX Software LLC, a wholly owned subsidiary of the company that will provide a risk management platform for its carriers, brokers and shippers looking to reduce customer losses and insurance costs by leveraging analytics...

After accelerating sustainability commitments in 2021 and the COP26 climate conference in November, Freightwaves asked industry experts what trends they think will be at the forefront of sustainability in 2022. Tyler Cole, director of carbon intelligence at FreightWaves, said that sustainability...

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Walmart announced Wednesday that it would rapidly grow its InHome Delivery service in 2022, hiring 3,000 additional drivers for the service and outfitting them with electric delivery vans. First launched in 2019 in Kansas City, Missouri, Pittsburgh, and Vero Beach, Florida, InHome Delivery enables...

Tightness throughout the transportation, logistics and warehousing sectors carried through the end of the year, according to a report published Tuesday. The Logistics Managers' Index (LMI), a survey measuring supply chain activity, registered a reading of 70.1 during December. The LMI is a...

In one of the largest industrial real estate transactions in history, CBRE Investment Management, the investment arm of CBRE Group, the world's biggest commercial real estate company, is buying up a $4.9 billion portfolio of logistics properties from Hillwood Investment Properties, a real estate...

To learn more about FreightWaves SONAR, click here. The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the...

The Port of Oakland, in collaboration with California and federal officials, is redoubling efforts to remove hurdles making it difficult for agriculture exporters to reach overseas markets.  The port authority announced Monday it is setting up a 25-acre staging area on port property where empty...

Ask any motor carrier what's giving them headaches and they'll likely say "hiring drivers". It's no surprise, considering we're in what many are calling an ongoing driver shortage. External factors have largely taken the blame for such woes. They've been an albatross around the neck of driver...