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Freight Waves

Forward Air parts ways with president, COO

Forward Air announced Friday it has parted ways with its President and Chief Operating Officer Chris Ruble. The announcement comes as the beleaguered company tries to appease customers and shareholders following a messy merger with Omni Logistics. The abrupt separation…

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4 changes coming to US trade policy in early 2025

By Aaron Rubin, founder and CEO of ShipHero With the inauguration still over a month away, President-elect Donald Trump has already announced some of his plans regarding U.S. trade policy. This is a breakdown of a few of the ones…

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Boeing’s $243M plea deal rejected by federal judge

Boeing’s plea deal regarding criminal fraud conspiracy charges over two fatal 737 MAX accidents that occurred in 2018 and 2019 has been rejected by a federal judge. In the plea deal, Boeing would have accepted responsibility for the conspiracy to…

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Federal court upholds ban on TikTok in the US

A federal appeals court upheld a law mandating China-based internet company ByteDance to divest TikTok’s U.S. operations by Jan. 19, or face a nationwide ban. Both Republican and Democratic lawmakers say TikTok poses a national security threat due to its…

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Bracing for tighter truck capacity, shippers rebid contracts

In anticipation of a tighter truck freight market in 2025, some shippers have started making contract adjustments as pricing power begins to shift to carriers. “We’re actually seeing price appreciation in contract rates as the spread between spot and contract…

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