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News
At the 'Super Bowl of trucking,' a driver who trained 14 years wins the golden belt buckle
2+ week, 1+ day ago (468+ words) This summer has been full of competition: from Spain winning the World Cup, to the NBA finals where the Knicks saw a historic comeback, to now, where an event in which drivers across the country are putting pedal to the…...
JB Hunt CEO: What 65 years of freight tells us about building for the future
1+ mon, 2+ day ago (678+ words) The future of freight transportation will not be built by any one mode, technology or market cycle. It will be built by companies that can keep supply chains moving through change with reliable service, disciplined decisions and the ability to…...
Organized crime is building an AI hardware cargo theft economy: 'The economics have become just crazy from the criminal opportunistic perspective"
2+ mon, 1+ week ago (267+ words) With the data center boom projected to swell into a $7 trillion market by the end of the decade, organized criminals are centering on a particular shadow economy: hijacking AI supply chains and selling their spoils on the foreign black market…...
Why FedEx Freight left its $90 billion parent company
2+ mon, 3+ week ago (568+ words) At what point does a business need a different operating model? FedEx Freight CEO John Smith believes his company has reached that point. The newly independent company, which spun off from FedEx earlier this month, generates roughly $9 billion in annual…...
Exclusive: Startup Humble debuts cabless autonomous truck targeting $900 billion U.S. freight industry
4+ mon, 3+ week ago (646+ words) The autonomous vehicle wave has its newest entrant. Humble, a San Francisco-based startup, emerged from stealth today with a $24 million seed round and a fully electric autonomous freight vehicle called the Humble Hauler, Fortune learned exclusively. Eclipse led the round,…...
Congress is about to chase rail freight onto American roads. It risks thousands of deaths
6+ mon, 6+ day ago (253+ words) However, inclusion of the bill would be a mistake: Its proposed regulations would do little to improve rail safety but it would divert an enormous amount of freight from rail to trucks, which represents a much greater safety risk for…...
Nearly half of U.S. truck-driving schools face closure in crackdown on 'poorly trained drivers"
9+ mon, 1+ week ago (710+ words) Nearly 44% of the 16,000 truck driving programs listed nationwide by the government may be forced to close if they lose their students after a review by the federal Transportation Department found they may not be complying with minimum requirements. The Transportation…...
53-year-old customs broker wants to ‘Make Trade Boring Again,’ saying you won’t believe how complex cheese is these days
8+ mon, 2+ week ago (955+ words) After a half-century immersed in the world of trade, customs broker Amy Magnus thought she’d seen it all, navigating mountains of regulations and all sorts of logistical hurdles to import everything from lumber and bananas to circus animals and Egyptian…...