News

How to protect your business from enterprise and vehicle network breaches

Cybersecurity breaches are an increasingly common threat to the trucking industry that cause devastating financial harm that is often hard to come back from.

“Almost all breaches end in a lawsuit. On average, those lawsuits are upwards of $10 million per company just to get back on your feet,” said Antwan Banks, director of enterprise security at the National Motor Freight Traffic Association (NMFTA), “not to mention how much business you may lose because of loss of brand recognition.”

The NMFTA...

https://www.freightwaves.com/news/how-to-protect-your-business-from-enterprise-and-vehicle-network-breaches

Running on empty? Hino recalls trucks for inaccurate fuel readings

The U.S. arm of Japan’s Hino Motors Ltd. is recalling 8,025 trucks because a deformed fuel sender float connecting rod sends false readings about how much fuel is in the tank.

Hino reported to the National Highway Traffic Safety Administration that 100% of 11 models — 2020-2024 Hino NE7A, NE7B, NE8A, NH9A, NJ7A, NJ7B, NJ8A, NJ8J, NV7A, NV7B and NV8A — manufactured between March 10, 2020, and July 28, 2023, are potentially affected.

Inaccurate fuel indication may lead to an engine stall due to...

https://www.freightwaves.com/news/running-on-empty-hino-recalls-trucks-for-inaccurate-fuel-readings

Eradicating data silos is crucial to unlocking power of today’s technology

The fleet management ecosystem has undergone a serious technological transformation over the past several years, leading to more data being collected than ever before. This information holds the power to analyze – and optimize – the way fleets operate today. 

The problem, however, is that much of this data is stuck in silos, making it difficult to access and impossible to...

https://www.freightwaves.com/news/eradicating-data-silos-is-crucial-to-unlocking-power-of-todays-technology

PalletTrader CEO optimistic on market recovery

Pallets are essential to the transportation industry. Because of the ubiquitous presence of pallets in shipping, the state of the pallet industry can provide insight into the health of the supply chain.

John Vaccaro, founder and CEO of PalletTrader, the world’s first online pallet marketplace, believes the supply chain is in the final stages of recovery.

“I think we all realized that there was a contraction overall in the supply chain a few months ago. Transportation, the way I review it right...

https://www.freightwaves.com/news/pallettrader-ceo-optimistic-on-market-recovery

Freight market staying ‘lower for longer,’ Cass says

July data from Cass Information Systems showed the freight market is staying “lower for longer” as both shipments and expenditures fell sharply.

Shipments during the month were down 8.9% year over year (y/y) while expenditures were off 24.4%, according to the Monday report. The drop in freight costs also incorporates lower fuel surcharges. Fuel prices were down 27% y/y in the month.

The reading on the July shipments subindex was slightly lower than the January level. Normal seasonal trends have...

https://www.freightwaves.com/news/freight-market-staying-lower-for-longer-cass-says

State of LTL in a post-Yellow world – WTT

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On today’s episode of WHAT THE TRUCK?!? Dooner is joined in the studio by Averitt Express’ Kent...

https://www.freightwaves.com/news/state-of-ltl-in-a-post-yellow-world-wtt

KMTC container ship suffers fire off Malaysia

The 2,778 TEU container ship KMTC Shenzhen experienced a fire off Port Klang in Malaysia on 12 August, according to the UK insurance company WK Webster.

It is reported that at least three fire-fighting tugs were deployed to assist in the fire incident, in conjunction with the local fire brigade, which was brought under control within two hours.

The 2013-built boxship had 18 crew members and 1,189 containers onboard, but no injuries have been reported at the time of writing.

WK Webster noted that...

https://container-news.com/kmtc-container-ship-suffers-fire-off-malaysia/

Dana drive shaft recall nicks Daimler Truck and Navistar products

Daimler Truck North America and Navistar are recalling 2,247 trucks and buses with driveshafts that could separate because a Dana Inc. supplier used non-conforming material in manufacturing.

Dana filed the recall July 10, naming Daimler Truck and Navistar as customers reporting that reported one drive shaft separation each. No other customers were named.

A broken driveshaft can separate and cause a loss of drive power, increasing the risk of a crash.

Dana said certain driveshafts in two production...

https://www.freightwaves.com/news/dana-drive-shaft-recall-nicks-daimler-truck-and-navistar-products

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