The European Commission believes that container shipping lines need consortia to make “operations more financially viable and efficient.”

Three members of Congress have proposed $30 million for an ad campaigns over six years to raise awareness about careers in transportation — including the trucking industry — while promoting diversity in the workforce.

Box-port operator Asian Terminals has seen a massive surge in nine-month revenues and profits but it has also witnessed a downturn in the third quarter of 2019.

Fortune has taken a decidedly downward trajectory for Indonesia-focused dry bulk ocean carrier Seroja, which saw a dramatic decrease in profitability in the third quarter of 2019. But that won’t worry the company – it has just agreed to sell its entire business for $32 million.

U.K. airport seeks to become Heathrow alternative

Tata Steel is suffering from declining steel demand in Europe, brought about by an economic slowdown and uncertainties revolving the U.K. general elections and Brexit.

The new center at Cologne-Bonn Airport will help meet rising demand for express e-commerce shipments.

The cosmetics industry uses mica in large quantities, which is predominantly sourced from illegal mica mines across India, where child labor is rampant.

COSCO Shipping International (Singapore), a logistics-focused arm of COSCO, reports a big hit to its third quarter profit after tax. But the company nonetheless has big regional expansion plans.

Japanese mafia are in the firing line after a record 400 kilos of cocaine are found in a container in Japan.

Air India schedules investor meetings

In a fireside chat at FreightWaves LIVE, Scott Susich, Director of Data for DTN, and FreightWaves’ John Kingston discussed why the fuel market has seen no signs of IMO 2020, […]

An unreleased study reportedly discussed at IMO’s meeting this week suggests that setting ship engine power limitations would result in negligible CO2 emission reduction.

The new 40,000-square-meter center is the size of five football fields and has a sorting capacity of 50,000 shipments per hour.

With Soren Toft, Maersk COO just a week ago, poised to become MSC’s new CEO, FreightWaves examines which carrier rules the waves.

A truck parking fees scam has landed former logistics supervisor Chow Chi-yeung, 42, of Hong Kong, with a sentence of 160 hours of community service.

From tiny flaws great economic disasters are born. One such tiny flaw nearly led to an economic disaster in far north Australia. It was only high quality seamanship that averted a months-long salvage at, and blockage of, the Port of Weipa.

Global logistician Agility has reported an increase in its third quarter revenues and a surge in net profit. However, cargo volumes fell. The company boosted its finances through higher yields and a strong contribution from its infrastructure businesses.

After first half surge, the back-end of November is weakening after the last U.S. freight surge.

Australia’s unfinished trucking reform business; brake-maker converts creditors into shareholders; toll road operator in big debt reissue; controversial logistics software provider GetSwift fights on

U.S. carrier remains firm with 10% offer

Europol believe Italy’s ‘Ndrangheta mafia is behind the use of Gioia Tauro as a cocaine hub for western Europe.

The shipping grapevine is abuzz with rumors that the man who was Maersk’s COO until Monday (Nov. 11) could soon be leading MSC.

Judge agrees that evidence of use of rate quote software in pricing was not included in first trial.

Major trade partners of the EU have complained to the World Trade Organization about the problems with splitting tariff rate quotas between the U.K. and the EU post-Brexit.

Focus on profitability over market share bears fruit for Danish container shipping giant.

India’s largest commercial ports operator, Adani Ports, reported a substantial increase in its company and port-segment revenues. Company and port-segment profits have also markedly increased.

Over 50 of today’s most innovative and disruptive companies in the logistics industry stepped on stage during FreightWaves LIVE Chicago to present live product demos.

Mixed economic data and lower volumes prompt no movement in this week’s DHL Supply Chain Pricing Power Index.

Daimler is cutting jobs citing global economic slowdown and emissions fine; German economic growth exceeds expectations; U.S.-China limited trade deal is still unsigned.

Digitalizing roadside assistance will help customers get quicker service, while service providers and garages/repair shops can track progress in real-time to ensure high customer satisfaction.

New Jersey is the newest battleground for motor carriers that use owner-operators, as the state Senate takes up legislation aimed at limiting what workers can be considered independent contractors. On […]

CEO tells FreightWaves the U.S.-China trade war has transformed the trans-Pacific trade and customers are receptive to paying IMO 2020 bills.

Loss-making flag carrier plagued by high operating costs, fuel prices, currency exchange and older fleet.

What led CEO Graham Parker towards Freight Technology and where he predicts the industry will be in the coming decade

The Truckload Carriers Association, in conjunction with the TCA Profitability Program (TPP), offers a new, virtual, interactive learning experience available to all professionals in the trucking industry.

The inside scoop on connectivity and integration with Eric Rempel of Redwood Logistics

Revenues were down, costs were flat, profits were down. It was largely an unhappy first half financial year for Singapore Shipping.

Pan Ocean, a mixed-fleet ocean shipping carrier, reported a double-digit revenue decline but experienced a double digit surge in profits in the third quarter of 2019 when compared to the third quarter in 2018.

With the challenges carriers face involving communication, consistency, managing productivity, finding and matching loads, and many more issues, there is a rise of logistic companies offering solutions for both shippers […]

In a recent auto awards function in Germany, Elon Musk outlined Tesla’s plans of setting up its fourth Gigafactory in Berlin.

Maersk, MSC, Hapag-Lloyd and COSCO will be the main market share “losers”, says Alphaliner.

Boston’s freight move thru New York? No suh, because the Hub is best served by its own.

Although air freight prices have been edging upwards, sources suggest the 2019 peak season might be short-lived.

Brexit-driven scramble for supply chain properties continues as Tristan plans $165 million investment in Dutch logistics platform.

It’s a largely good set of third-quarter results for the Philippines-based but globally operating container terminal operator ICTSI. “Strong financial performance,” says President and Chairman Enrique K. Razon. On a nine-month basis, the growth surge is pronounced.

Technology to help with freight asset operations, sales and technology integration highlighted the third block of demonstrations at FreightWaves LIVE in Chicago on Nov. 12. WinMore is a provider of […]

Operation Victory credits military service time as full or partial truck driving experience.

Airline and union reach truce

Aramco’s breakeven cost is below $10 per barrel; Alibaba registers $1 billion in sales in 1:08 minutes on Singles Day; Chinese pork imports at an all time high.

Latvian airport to double cargo handling capacity

MIT-incubated start-up looks for learning models; just what food truck do you like?

It’s your A-Z guide to avoiding unnecessary costs. Benchmark your current fees, establish pre-determined accessorials, and end the finger pointing.

John Lewis will now use carbon-neutral renewable biomethane to power hundreds of its delivery trucks by 2021.

Ocean shipping terminal operator Westports of Port Klang, Malaysia, has reported a surge in third quarter revenues and a jump in profit before tax. Analysts are… less than impressed.

Operation Victory credits military service time as full or partial truck driving experience.

As truck-plus-rail becomes increasingly popular, shippers need to find sites where the modes meet.

UPS has partnered with agri-tech company HerdX to ship beef from the U.S. to Japan, while recording its provenance over a blockchain network.

The Deutsche Post DHL Group subsidiary claims its new digital road freight platform is the continent’s first.

Online freight logistics startup Shipwell has made all of its functionalities available through the REST API, which allows companies to integrate all or some parts of the functionalities into their own workflows.

This white paper explores the complexities in the supply chain and how shippers can establish partnerships that reflect their values to the end consumer.

Capacity cuts by lines and higher bunker surcharges as IMO 2020 low sulfur fuels are phased in are fueling box freight rate inflation.

Initiative includes boosting air cargo revenue

Climate change, electric vehicles, alternative power, terrorism, and regional political conflict are significant risks to Saudi Aramco’s business, according to the company’s initial public offering prospectus.

Singapore stock exchange-listed ship lessor First Ship Lease reported essentially flat revenues for the third quarter of 2019, but it also announced a swing back into profit. A combination of higher revenues and cost cutting delivered the positive result.

We are regularly enhancing and improving SONAR to meet the needs of the ever-changing freight market and the needs of our customers. To help keep SONAR users informed, we deliver […]

A spate of deadly trucking-related accidents has taken place around Australia over the last week. Truck rollovers were a major contributor to the death toll. There was also a range of other tragic accidents involving moving vehicles. In other Down Under Trucking news, a criminal trucker gets years in jail for killing another driver; hill descent apps; Freightways buys Big Chill.

The NLRB has continued its trend protecting employers’ property rights and has now ruled that employers may bar union representatives from their property even though they have allowed other third parties to engage in civic, charitable or commercial solicitations there. 

Low-cost carrier fended off rivals IAG, Wizz Air and Virgin Atlantic

Carrier moved 27 temperature-controlled containers on single flight

London-based logistics startup tailored to ease e-commerce returns.

AI-powered driver behavior monitoring startup Nauto has launched a real-time, in-vehicle solution that helps reduce driver distraction on the road through targeted alerts and coaching.

Growth from last year’s front loading makes for tough comps, as trade war upsets seasonal patterns.

Uncertainty around trade wars and Brexit have been the biggest drags on air cargo markets this year, but Steven Polmans is an optimist.

All may not necessarily be as it may first seem in the world of company earnings. Dry bulk, ocean container shipping and logistics company Sinotrans (HKEX: 598) may not have delivered a Halloween shocker even though its third quarter results were splattered in red ink all over its income statement. One long-short equities analyst was very bullish on the company’s stock despite the seemingly-poor results!

Airline is first Asian carrier to adopt platform

The company also announced a collaboration with telematics provider Transflo.

Third-quarter earnings reports and economic data swing in carriers’ direction, but not enough to move the needle in this week’s DHL Supply Chain Pricing Power Index.

The hard deadline for the ELD mandate hits on December 16, and a significant portion of the fleets that run AOBRDs are looking to put off ELD adoption until the last minute.

New service to begin in March 2020

A United Nations report concludes U.S. consumers and Chinese exporters are the primary losers in the trade war. Taiwan, Mexico, Europe and Vietnam are net beneficiaries.

Governments need to bolster electric vehicle battery recycling infrastructure; American worker productivity declined by 0.3% this quarter; Brazil plans to double oil output.

Enterprise supply chain solutions provider LLamasoft has introduced a new taxes and duties analytics service on its platform, which will help companies navigate the complex environment of fluctuating global tariffs while optimizing strategic decisions.

A year after announcing a range of e-trucks for the U.S. market, Volvo Trucks has started selling all-electric models in Europe.

Florida’s largest seaport will use federal funds as part of expansion of its largest marine terminal.

Two crewmen who were painting the surface of the upper part of a ship’s hold narrowly avoided being seriously injured or killed after the improvised platform they were standing on suddenly failed. Only by pure luck did they avoid falling from height.

Air cargo shipments may be delayed

Until recently, driving safety was the key design consideration for most applications for cameras on commercial trucks. In-cab products record the driving environment, which can be analyzed to correct driver […]

India gains $755 million in U.S. exports in H1 2019; OPEC braces for drastic drop in oil demand; Tesla is charging ahead in the electric car space.

One of the biggest U.S. shippers put increasingly tough terms on carrier, leading to lawsuit.

COSCO Shipping Energy Transportation (HKEX: 01138; SSE: 600026) has shrugged off U.S. sanctions on subsidiary companies to report a huge jump in revenues and a massive surge in profits.

Auto hauler Jack Cooper Transport said it had “successfully completed” the restructuring process that began with a filing in August, the company said in a prepared statement on Nov. 4.

Hamburg Airport has joined a roster of European airports adopting digitalization of cargo handling

EKA Solutions, Inc., provider of cloud-based freight integration ecosystem platform solutions announced today that it has executed a strategic collaboration agreement with Transflo® to jointly deliver innovative offerings to small […]

Teknowlogi uses artificial intelligence models to analyze data in real-time and also advises executives on ways to improve efficiency and maximize process automation.

Asia-Europe and Asia-U.S. spot freight rates jumped 12-30% last week, but can carriers hold on to the gains?

It’s an income statement of two halves for COSCO Shipping Development, which both leases container ships while also making and leasing ocean shipping boxes. Revenues fell off a cliff. But COSCO Shipping Development was able to protect its bottom line by slashing costs. Profits surged.