Freight

UPS has placed an order with Boeing for 19 medium widebody 767-300 freighters in response to significant ongoing air cargo demand, especially for e-commerce parcels that dominate volumes moving through its network, the companies announced Tuesday. The express carrier will take delivery of the new...

Nikola Corp. has agreed to pay $125 million over two years to settle a Securities and Exchange Commission complaint about fraud claims by founder Trevor Milton.  The electric truck and hydrogen-making startup is seeking to get reimbursed by Milton, who faces trial on criminal fraud charges next...

To view more FreightWaves infographics, 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...

One of the most active consolidators of cold chain facilities is a relatively new venture with old roots. Founded in 1968, RLS Logistics started as a family-owned mushroom farm. It added a cold storage facility and then grew to include multiple facilities over time. Through a joint venture, RLS...

One of the latest applications for drones is inspecting aircraft for damage and wear. Korean Air is taking the concept to the next level by using multiple robot aircraft to make the work faster and easier. The airline says it has developed technology that for the first time allows a swarm of...

This year has been characterized by severely strained capacity and historically high rates. This environment has caused some stress for carriers, highlighting ongoing issues such as the driver shortage and new truck backlogs. It has also given carriers the opportunity to keep their trucks loaded...

Tobias Buxhoidt is like any consumer. He purchased a pair of Nike shoes online only to decide to return the pair. Off to the UPS Store he headed to send the pair back to the retailer he purchased them through. Once there, though, the process bogged down. At the UPS Store, Buxhoidt needed to log...

On this episode of Net-Zero Carbon, Tyler Cole, director of carbon intelligence at FreightWaves, is joined by Carrie Song, vice president of sales at Neste, and Tim Johnson, senior vice president of Diesel Direct, to discuss the many benefits of renewable diesel as a drop-in replacement fuel for...

To view more FreightWaves infographics, 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...

As a FreightWaves story opined in May, it's time the logistics industry took notice of Gopuff. Well, it has, and so have investors. According to a securities filing in Delaware first flagged by Prime Unicorn Index, the instant delivery company backed by SoftBank, Fidelity Management and Research...

This week, the Fed chief retired the term "transitory" when discussing inflation, months after failing to acknowledge that the FOMC underestimated how hot inflation would get and how long it would last. It is a late realization and confirms that the Federal Reserve is now in essence...

Uber Eats customers in Santa Monica, California, will soon be receiving deliveries from autonomous vehicles. Uber is partnering with driverless technology provider Motional to start autonomous delivery of meal kits from select restaurants in Santa Monica early next year. It is Uber's first...

With the infrastructure spending bill now on the verge of sending billions of dollars to various local governments, the question will arise: How should we spend it? One person they may turn to is Kyle Schneweis, the CEO of High Street Consulting. His firm advises governments on setting priorities...

Every Friday, FreightWaves takes a look at the past week or so in social media, highlighting images in trucking, transportation and weather. This week features a blizzard in the Sierra Nevada, a dust storm across the Plains and an Oklahoma late-season wildfire. Sierra snow A series of storms has...

BrightDrop has delivered the first five EV600 electric delivery vans to FedEx Express as the first step in an order that could result in 500 vans operating within the FedEx fleet. The initial vehicles will be put into operation in a FedEx Express (NYSE: FDX) facility in Inglewood, California....