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Dec - 2019 -
06 December
FreightWaves Staff

Zero-emission trucks: EU policy must help build demand

Manufacturers also call for the rapid roll-out of dedicated charging and refueling infrastructure to help reduce the share of trucks running on diesel.

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FreightWaves Staff

Commentary: IMO 2020 will decrease pollution but increase consumer costs

With less than a month until the IMO 2020 regulations go into effect, Ben Thrower writes about the impacts about to hit the maritime industry, importers/exporters and consumers.

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FreightWaves Staff

High stakes for container lines as 2020 contracts are finalized

Carriers are “jacking up” spot rates to improve their negotiating hands with shippers as they agree pricing for IMO 2020 fuel bills and long-term Asia-Europe contracts.

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FreightWaves Staff

Rising volume of electric vehicles may outstrip existing power grid capacity

Rising demand for electric vehicles — including medium and heavy trucks — means an increased need for smart grids with smart charging to power those vehicles. Even that may not be enough.

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FreightWaves Staff

Ceaseless innovation and digitalization lead J.B. Hunt to a top tier finish in FreightTech 25

Supply chain solutions major J.B. Hunt finished fourth on the FreightTech 25 list, thanks to its efforts in digitalizing freight matching and democratizing access across carriers of all sizes.

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FreightWaves Staff

Dart Transit appoints former PAM Transport executive as president and CEO

Dart Transit, a Minnesota-based transportation service provider, has appointed Dave Ables as president and CEO, the company announced on Dec. 6.  Ables, 51, a former executive with PAM Transport, will […]

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FreightWaves Staff

Global trade flows decline even as capital and people flows stay resilient, says DHL report

The DHL Connectedness Index analyzes the flows of trade, capital, information and people across the world to understand its impact on globalization.

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FreightWaves Staff

Jinhui Shipping reports weaker third quarter profits

Dry bulk ocean carrier Jinhui Shipping of Hong Kong and Oslo has drifted into the red according to its third quarter results. Its nine-month results indicate the company may generate a loss this year.

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FreightWaves Staff

Is airfreight killing time?

“Undercover boss” believes average international airfreight shipment times should be at least a day faster. Experts agree the sector can up its game.

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FreightWaves Staff

Carriers clawing back: power shifts towards the carriers for a second consecutive week

Increased rates and signs of capacity slowly leaving the market continues the power shift towards carriers.

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FreightWaves Staff

Leveraging robots-as-a-service in a competitive warehousing environment

Warehouses are under pressure to increase product picking efficiency in a time of expedited e-commerce. Automation and robotics can help.

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FreightWaves Staff

Today’s Pickup: Saudi Arabia threatens to flood oil market if OPEC members don’t cap production

Saudi Arabia angry at low oil prices; consumer spend set to increase during holiday season; European wine production battles climate change.

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FreightWaves Staff

TAPA pushes for collaboration with EU on its safe truck parking standard development

Road transport organization TAPA has welcomed the EU initiative of creating a safe truck parking standard, while advocating for collaboration with its existing truck parking PSR standard.

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FreightWaves Staff

Swiss WorldCargo opens Cancun export facility

Carrier offering thrice-weekly service between Zurich and Cancun.

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04 December
FreightWaves Staff

CMA CGM bolsters its LNG fuel supply with Total deal

Container ship giant signs deal that will fuel LNG-powered ships on its Asia-Mediterranean service.

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FreightWaves Staff

Class 8 truck orders tumble in November

Manufacturing slowdown chills all but urgent replacement bookings

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FreightWaves Staff

FourKites announces continued education and certification opportunity for logistics professionals

On Dec 4, FourKites announced a new learning platform and certification program aimed to allow customers to maximize the value of supply chain visibility. This platform provides customers with a […]

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FreightWaves Staff

STG adds to New Jersey footprint with deal for logistics firm

Private equity-backed 3PL said deal comes as demand exceeds capacity in Northeast market.

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FreightWaves Staff

Qatar Air Cargo expands South American service

Four cities in Brazil, Chile, Peru and Colombia are added to carrier’s freighter network.

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FreightWaves Staff

Virginia’s port upgrade aims for quickest truck trips possible

Expanding truck appointment system and new lanes credited for fast moves as port readies for dredging

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FreightWaves Staff

Emission-free trucks will lower driver turnover rates, claims Nikola CEO

Trevor Milton believes replacing diesel trucks with cleaner alternatives will improve the image of trucking and enable legislators to slash emissions.

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FreightWaves Staff

French national strikes will wreak havoc on its air, rail and road networks

French workers are demonstrating for reforms in their pension plan, leading to a protest that will see most employees of transport companies strike beginning on Dec. 5.

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FreightWaves Staff

Mega-port operator MMC reports huge surge in revenues and profits

Port, engineering and property giant MMC shrugged off the trade war and economic headwinds to report massive increases in revenues and profits. Analysts issued a “buy” rating.

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03 December
FreightWaves Staff

Higher revenues but weaker profits for Harbour Link

Integrated logistics provider and ocean carrier Harbour Link saw a boost in revenues but its costs grew too, causing its profits to weaken in the most recent quarter. A weak result in its ocean shipping division was a drag on profit as well.

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FreightWaves Staff

The staggering price tag associated with moving precious artwork

Moving precious artwork is physically and mentally demanding work, requiring art logistics firms to micromanage every inch of the journey from one art house to the other.

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FreightWaves Staff

New partners Nikola Motor and IVECO target Europe with alternative propulsion truck

The partnership between IVECO and Nikola Motors announced in September will roll out its first battery electric truck to European buyers in 2021. A fuel cell electric model will follow in 2023.

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FreightWaves Staff

Brexit explained: What US shippers need to know

Expert explains why shippers based in the U.S. and beyond should prepare urgently for the worst-case scenario – a no-deal Brexit in 2020.

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FreightWaves Staff

Logistics firm Vos Logistics makes strategic acquisition to expand services in the Benelux region

Vos Logistics has acquired SNEL Shared Logistics, which operates a 65,000 m2 warehouse in close proximity to the major Dutch cities of Amsterdam, Rotterdam, Den Hague and Utrecht.

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02 December
FreightWaves Staff

TCA unveils new fleet manager certificate program

Next generation of popular program expands content and usage options

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FreightWaves Staff

Logistics company Tiong Nam reports weaker quarterly results

In a now familiar story, another logistics company – in this case Tiong Nam – reports weaker quarterly results owing to a global trade headwinds. Analysts warn on liquidity pressures.

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FreightWaves Staff

Commentary: Venture capital-funded disruptors continue to change the logistics landscape

Ben Thrower writes that venture capital funds continue to flow to digital freight brokerages, but legacy companies continue to fight back.

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FreightWaves Staff

Top issues for supply chains for holiday shipping

Plan, then plan some more as the ability of a 3PL to handle the holidays becomes test for handling the rest of the year.

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FreightWaves Staff

Drugs War: Europe under siege as crime syndicates piggyback supply chains (With Video)

Maritime, air and overland trade routes into Europe are being piggybacked by criminal gangs deploying the latest digital supply chain technologies to help meet mushrooming demand for illegal drugs across […]

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FreightWaves Staff

Relieving physical stress of warehouse workers through ergoskeletons that share loads

French-based 3PL FM Logistic has unveiled the Ergoskel, an ergoskeleton designed to assist warehouse employees to work around parcels without them taking a toll on their bodies.

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01 December
FreightWaves Staff

Major logistics provider Tasco reports mixed bag of financial results

Integrated logistics services provider Tasco, a subsidiary of Yusen Logistics and an NYK Group company, has reported flat second quarter revenues and costs but a surge in net profit. Its six month figures don’t look so great though and equities analysts are disappointed.

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Nov - 2019 -
29 November
FreightWaves Staff

Down Under Trucking: hugely taxing time for truckers

In this week’s round-up of trucking stories from around Australia: truckers slugged by box terminal operators; truckers slugged by tax hikes; truckers slugged by safety regulators; drivers slugged by Queensland politicians; Freightliner Cascadia rolls into the Outback; Linfox buys 90-truck fleet to transport booze.

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FreightWaves Staff

Freight & Shipper Optimization Guide Part I: Carrier Rate Shopping

The first of a four-part series teaching the crucial basic elements in freight and shipping.

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FreightWaves Staff

Parking apps boost safety, productivity for female truckers

Ellen Voie, the CEO of Women in Trucking, spoke on the issues that female truckers in particular face when they are looking for parking spots.

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FreightWaves Staff

Ontruck’s strategic acquisition of Briver will help triple its revenue in 2019

Spanish road freight startup Ontruck has acquired digital freight forwarding platform Briver, in an attempt to consolidate its market position in the Spanish region of Cataluña.

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FreightWaves Staff

Newly-listed Port of Napier wins praise from analysts

With solid financial results under its belt in its first outing as a listed company, Port of Napier has won praise from equities analysts. “A text book start as a listed company,” analysts said.

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28 November
FreightWaves Staff

Thanksgiving volatility shifts power in carriers’ direction

The DHL Supply Chain Pricing Power Index moves towards the carriers for the first time since early September.

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FreightWaves Staff

Today’s Pickup: UPS employees charged in drug-smuggling case

Court indicts a few UPS employees for drug trafficking; EU commercial vehicle registrations decline; pop-up electric charging stations come up in Oxford.

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FreightWaves Staff

Malaysian Bulk Carriers reports yet more losses and sells assets

Dry bulk ship operator Malaysian Bulk Carriers has reported another set of losses. Barring unexpected positive developments, it may make a yearly loss. It is also reducing both long-term and current assets. The company has entered into working capital deficiency.

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FreightWaves Staff

Cost woes cause GD Express to deliver a smaller profit

Courier, domestic and international logistics company GD Express reported a slowdown in total comprehensive income in its latest quarterly results. The company generated increased revenues but increased costs too. Profits shrank.

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FreightWaves Staff

New Jersey motor carriers consider next moves under ABC test law

Grass might be greener in Keystone state rather than Garden state as new law puts new risk on motor carriers.

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FreightWaves Staff

Redwood Logistics launches Connect 2.0, a software enabling data sharing and easier workflows

Redwood Logistics has unveiled Redwood Connect 2.0, which can be leveraged by logistics experts to drag and drop what they want to happen to the data from start to finish, without the need to code.

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FreightWaves Staff

Analyst: The US-China trade war is ‘sucking the life’ out of trans-Pacific trade

The shift of production from China to southeast Asia is unlikely to stop the trans-Pacific container market from declining this year.

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26 November
FreightWaves Staff

National Labor Relations Act further develops new approach to employer workplace rules

We have previously discussed the Boeing decision of the National Labor Relations Board (NLRB). In that decision, the NLRB changed its approach to determining whether an employer’s workplace rule violates the National Labor Relations Act (NLRA). 

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FreightWaves Staff

Integrated Logistics continues to bleed-out losses

Sino-Malaysian services provider Integrated Logistics (trading as Integrated Group) has announced another poor set of financial results. It looks set to deliver its fifth full-year loss in six years.

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FreightWaves Staff

Canadian National meets US federal requirements on all required trains 13 months ahead of deadline

The implementation of Positive Train Control is the largest technology program deployed in CN history and they are already ahead of the game

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FreightWaves Staff

Drayage Update: NEXT expands its drayage marketplace

John Papageorgiou, Senior Product Manager at NEXT Trucking, sits down with FreightWavesTV’s Emily Szink in Chicago to talk about the company’s updated drayage marketplace.

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FreightWaves Staff

Four months comes down to one day as Black Friday tests 3PLs

This article is brought to you courtesy of NEXT Trucking The holiday shopping season is well underway even before Black Friday, as stores roll out promotions and shoppers look to […]

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FreightWaves Staff

China export pain mounts as tariffs bite

China’s exports to the U.S. contracted last month. Even so, slowing U.S. exports to its trade rival saw China’s trade surplus with the U.S. widen.

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FreightWaves Staff

“Death ship” capsize kills over 14,000 sheep (With Video)

Animal rights groups call for the European Commission to ban the live transport of animals following the Black Sea tragedy.

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FreightWaves Staff

The black Angus bull trade and the need for tracking its supply chain

The trade of Black Angus bulls is a global supply chain that needs a verification system, which can keep counterfeit beef from reaching the consumers’ table.

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25 November
FreightWaves Staff

Costs blowout swings CJ Century Logistics into third consecutive loss

Despite solid revenues, costs at CJ Century Logistics surged and the company has reported a third consecutive quarterly loss.

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FreightWaves Staff

Loadsure joins Blockchain in Transport Alliance

London-based Loadsure has joined the Blockchain in Transport Alliance. Learn more about Loadsure, as well as about the largest commercial blockchain alliance in the world.

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FreightWaves Staff

Europa Worldwide gets new head of property to manage construction of its £60 million futuristic warehouse

Logistics service provider Europa Worldwide is constructing a state-of-the-art logistics facility in Midlands Logistics Park in Corby, England.

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FreightWaves Staff

CMA CGM aims to raise $2 billion to pay loans on CEVA purchase

CMA CGM reported solid results for the third quarter of 2019. However, those results were weighed down by the costs of financing its purchase of CEVA Logistics.

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24 November
FreightWaves Staff

Container terminals benefit at the expense of trucking companies, regulator reveals

Trucking and trade bodies are outraged by the ongoing tactics of container terminal operators to frequently hike already huge fees on trucks. Lobbying of government ministers is underway and even port operators are disappointed at the ongoing tactics of terminal operators.

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23 November
FreightWaves Staff

DOWN UNDER TRUCKING: mining truck smash; opioid truckers; tax hikes; DHL carbon neutrality

This week: Doctors stuff Aussie truckers full of opioids; Prime Ministerial funding splurge on infrastructure; tech and data standards action points identified; trucker accidentally crushes his own car; trucking tax hike fight won… sort of; DHL Supply Chain vows carbon neutrality.

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22 November
FreightWaves Staff

Detention Time Is Money: How to Extract Greater Upside in a Super-Hot Market

This white paper examines ways to combat detention by looking at smarter detention management solutions to alleviate bottlenecks.

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FreightWaves Staff

Air freight in 2020: optimism breaks out at TIACA

Demand could pick up next year, but U.S. elections are one of multiple potential pitfalls delegates at TIACA’s 2019 Executive summit heard this week.

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FreightWaves Staff

Fretlink adds delayed fuel payment and trailer rental features to its platform

French freight matching startup FretLink has introduced new carrier-centric features in collaboration with equipment provider TIP and fuel card player UTA.

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21 November
FreightWaves Staff

TruckPark mission eases driver parking uncertainty

Within the trucking community, it is common knowledge that finding a secure parking spot is often easier said than done. The truck parking shortage is a ubiquitous problem in many parts of the U.S., primarily due to the lopsided supply and demand equation. 

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FreightWaves Staff

Private equity firm seeks records in LA port project lawsuit

Saybrook Capital alleges that additional evidence shows how port and longshore union aimed to derail project.

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FreightWaves Staff

Carriers grasping for straws while losing ground

No good news for carriers besides a slight surge in volumes leading into the late Thanksgiving holiday.

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FreightWaves Staff

TruckPark mission eases driver parking uncertainty

Every day, more than 40% of all truck drivers on the road use an hour or more of productive driving time to search for a secure parking spot before their hours of service run out.

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FreightWaves Staff

Smart Trailer Data: An Untapped Resource

This white paper shares how companies can work to take full advantage of everything that smart trailers offer.

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FreightWaves Staff

Kuehne + Nagel acquires overland logistics operations of Dutch-based Rotra

Freight forwarder Kuehne + Nagel is acquiring Rotra, a company with roughly 800 employees and an annual revenue of over €100 million.

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FreightWaves Staff

Auto parts maker Continental slashing 5,000 jobs citing transition to electric mobility

Continental AG is looking to rapidly restructure its workforce and phase out production plants to catch up with new-age mobility options like electric and connected vehicles.

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FreightWaves Staff

Logistics provider LBC Express slips into the red

In what appears to be a trend, another transport and logistics company has reported a weak overall year-to-date but with a steeper downward dive in the third quarter. Retail logistics specialist LBC Express revealed a small loss in the third quarter of the year against a background of rising revenues.

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20 November
FreightWaves Staff

Lorenzo Shipping begins to stanch flow of red ink

Lorenzo Shipping took drastic action to begin stemming its losses. But the emphasis is on “begin”. There’s still a long way to go, as Lorenzo is currently on track for a multi-million dollar loss

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FreightWaves Staff

The numbers don’t lie: size of legal awards vs. trucking companies is soaring

The bottom line: According to the CaseMetrix data, the average verdict against a trucking company in 2012 was about $2.6 million. Now it’s more than $17 million. 

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FreightWaves Staff

Luxury yacht maker Sunseeker plans to transfer 80 jobs to DHL Supply Chain

U.K.-based yacht builder Sunseeker is in advanced negotiations with DHL Supply Chain to help with its logistics operations.

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FreightWaves Staff

Shippers greet EC liner block exemption ruling with disbelief

Shippers believe container line consortia are anti-competitive and lack transparency.

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FreightWaves Staff

Today’s Pickup: Hyperloop route between Chicago to Pittsburgh can create 900,000 jobs over a 25-year period

HyperloopTT does feasibility study on Chicago-Pittsburgh route; Nikola develops the most energy-dense battery; Virgin Atlantic is opening new routes in summer 2020.

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FreightWaves Staff

Catapult integrates Maersk Line rate data

Cargo rate platform adds “deep link” to Maersk’s booking portal.

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