Nearly all maritime kidnappings and hostage-takings in the nine months to the end of September this year took place in or near the Gulf of Guinea, said global maritime piracy watchdog the International Maritime Bureau (IMB).
New features have been added to FreightWaves SONAR. Learn about them in this article.
Chapman Freeborn unit targets freight forwarders
The last couple of days took a dramatic turn with U.S. short seller J Capital making explosive allegations that global logistics software behemoth, WiseTech – a A$9 billion (US$6.2 billion) company, has been seriously misleading investors. WiseTech has robustly denied these claims. In other news: CTI Logistics annual results; truck rest stops “desperately needed”.
Preliminary orders for trailers in September suggest 2020 production will be solid though significantly lower than this year’s anticipated record build.
Off-site facility aims to give terminal more room to operate and make chassis moves more fluid.d
Transported Asset Protection Association (TAPA) is looking to align its Parking Security Requirements (PSR) industry standard with the European Commission’s new truck safety at parking spots programme to quicken the pace of security offered for trucks at parking areas.
British government minister’s voyeuristic sex claims about truck drivers are “classist,” “inappropriate” and “ignorant,” says road transport representative.
The U.K.-based logistics company has been given due diligence access to the scandal-plagued trucking firm’s accounts.
Meal-kit delivery company HelloFresh leverages data from last-mile movement and consumer feedback to make its deliveries precise and error-free.
Payment visibility is a proven builder of carrier loyalty.
Terminal operator joins TradeLens as it looks to align with ocean carriers and provide better box tracking.
French calls for mandatory slow steaming continue, but the introduction of low-sulfur bunkers could see container lines accelerate services as fuel markets are played for competitive advantage.
Japan’s freight industry is set for a downturn on the back of declining economies in the U.S., China and the Eurozone, new research reveals.
Parent of Gecas is winding down aircraft leasing operations
Continental has partnered with SAP to standardize its manufacturing processes and gain real-time visibility into floor operations.
Probable investors Atlantia and FS seek concessions
Cabin crew union in dispute over pay and pensions
Industry veteran picked to head one of the largest U.S. East Coast terminals, which is undergoing upgrade.
IAG Cargo partners with Cargo Signal
Brexit is now only two weeks away but the dangers facing truckers and shippers continue to mount.
A boost to demand from higher commodity volumes and a reduction in supply owing to IMO 2020 low sulfur fuel regulations are giving a boost to the international dry bulk freight markets, says Hong Kong ship operator Pacific Basin (HKEX: 2343).
To reduce labor turnover, businesses will have to understand the needs of their workforce and look to innovate and optimize activities in and around the warehouse vicinity.
Condor cargo operations will be business as usual
September saw China record its lowest monthly export growth to the U.S. since 1996 as the trade war inflicted more damage.
World’s second largest container fleet continues push with ultra-large container ships.
There’s freight to be had in South Bend. Loads should be abundant and you should have no problem keeping your truck rolling.
Market Voice Ben Thrower writes about electric vehicles – and their potential impact on the U.S. energy grid.
FreightWaves finds growing evidence that manufacturers and distributors are transferring operations from the U.K. to northern Europe.
European shippers have joined with leading container line analyst Drewry to bring order to the “who pays what” implementation of IMO low-sulfur fuels.
Although Super Typhoon Hagibis has caused catastrophic floods, mudslides and at least 68 tragic deaths in Japan, FreightWaves understands from local sources that Tokyo’s critical freight infrastructure – seaports and airports – are undamaged. Japan’s wider logistics network is suffering from a miscellany of damage such as flooding.
Maritime carriers are leaving up to US$110 on the table every time they carry a box, according to research from startup MizzenIT. And that means ocean carriers could be missing out on hundreds of millions of dollars a year simply by not charging the right price.
Brian Smith is being recognized for helping at the scene of a fiery crash that killed four people.
British Airways parent commits to ambitious emissions reduction goal
Carrier also offers integrated parcel service
Maersk subsidiary looks to fix congestion that had been widely cited in 2018 front-loading.
Asia-Europe demand has been strong for much of the year, but spot rates have tumbled as some lines have cut rates. With demand weakening, carriers are poorly placed ahead of annual contract negotiations, says Drewry.
Big air trade drops with major trading partners leaves industry looking for backfill
More companies are making the shift from on-premise Oracle Transportation Management (OTM) to a cloud-based OTM, because it helps reduce IT infrastructure and support costs.
Freight volumes in and out of Japan’s busiest port, the Port of Tokyo, have declined in the first six months of 2019 compared to the first six months of 2018, new comprehensive data shows.
FreightWaves continues to add depth to its air cargo data with new rate data by lane from industry standard Drewry’s.
An influx of new container ships has hiked the average size of vessels deployed on the trans-Pacific and Asia-Europe trades, reports Alphaliner.
It has been a dramatic week in Australian trucking: strip club bus-truck crash; nine months of jail; massive infrastructure works; trucker death; call for mandatory brakes; beer crates. And more!
The Fifth Circuit determined that the “EEOC … overstepped its statutory authority in issuing the Guidance.” As a result, the Fifth Circuit upheld the lower court’s injunction and clarified that the EEOC “may not treat the Guidance as binding in any respect.”
Business plan is murky for reincarnated carrier
Freight forwarder Flexport acquired a startup that develops technology for tracking containerized goods. Burlingame, California-based Crux Systems said its technology “informs supply chain planning by driving actionable insights that can […]
Medical marijuana firm AMP will be pursuing a European Union Good Manufacturing Procedure (EU-GMP) audit to ensure quality and integrity of its pharma goods from the supplier to the German patient.
An effective transportation management platform must manage daily challenges and be flexible enough to solve specific problems. The software should link each step of the order management and shipping process and handle robust reporting and billing issues.
Renowned logistics analyst explains how Brexit will impact cargo flows, liner shipping calls and European supply chain planning.
Government says employers who abuse the foreign worker program face “serious consequences” after a newspaper reveals how some carriers exploited under-qualified job-seekers and put them on the road.
Rather than steady flows, imports moving in fits and starts determined by tariffs.
Facility marks initial phase of ambitious plan to double capacity
On-demand mobility tramples on public transit; lab-meat will replace large chunks of the conventional meat industry; OPEC cuts oil demand forecast for third consecutive month.
Half of all commercial aircraft are accessed from lessors
European logistics giant could bring its famed, eco-friendly distribution centers to North America as its global expansion continues
The Hispanic community has contributed immensely to the new American dream and is currently one of the fastest growing ethnic minorities within the trucking sector.
Learn how to increase profitability with Loadsmart’s Smart Matching
Deutsche Post-owned EV major StreetScooter has announced plans to expand to the U.S. market, commencing pilot tests early next year with DHL Express.
Asian merchant shipping and major drinks manufacturers are responsible for an increase in the amount of plastic bottles found in the world’s oceans.
Körber Logistics, the investment and logistics arm of tech conglomerate Körber of Hamburg, Germany, has acquired a majority stake in the warehouse autonomous logistics robot installer and consultancy Cohesio.
Robert Wheeler is being recognized for his quick action in helping at the scene when an SUV pulled into the path of oncoming van.
Deal is clone of Airbus-Bombardier tie-up
Houston still the main gateway for resin shippers, but other Southeast ports growing as well.
The Chinese city of Yiwu has announced a new freight train route to Belgium’s Liege, with trains expected to finish the journey in about 20 days.
Prologis, the global leader in logistics real estate, has joined the Blockchain in Transport Alliance (BiTA).
Maersk expects ample supplies of low-sulfur fuels to be available in most ports, but warns shippers to expect higher costs.
Tomatoes imported from Mexico could face a supply chain squeeze caused by new regulations finalized in September between the U.S. Department of Commerce and Mexican growers, experts say.
New third-party logistics firm to take over yard and warehouse that handles ‘considerable’ freight.
A rare stake in an Australian airport has hit the market.
The Indian economy is crumbling on the back of an engineered crisis brought on by current government through measures like demonetization, a botched attempt at unifying the country’s tax system, and economic reforms that stifled consumerism.
St Louis Lambert Airport is seeking an investor
Colombia-based passenger and cargo operator raising cash
Drewry expects service levels to be cut by lines if shippers prove unwilling to foot the bill for mandatory low-sulfur fuels.
Break bulk is a shrinking market. Pure-play break bulk operators are being squeezed as governments and seaport operators boost local infrastructure. Meanwhile non pure play competitors simultaneously try to grab market share.
Outbound tender volumes (OTVI.USA) rose by 6.78% year-over-year this week, setting a year-to-date high in growth terms.
The U.S. imports corn from Brazil ahead of the harvest season.
Spanish capital Madrid is working on a blockchain-powered transport application that unifies all mobility systems across the city and provides high levels of data security to its users.
Private equity firm plans to revitalize Manston Airport.
Reckless e-scooter riders were penalized by the German police for drunk driving in Munich as they left the world’s largest beer festival Oktoberfest.
Swissport has launched a global initiative to speed up air cargo handling processes at its cargo warehouses by introducing newly developed self-service via kiosks. Swissport’s cargo business at Brussels Airport […]
The ultimate resource providing keen insight into maximizing your supply chain efficiencies.
Break bulk is in a state of change… and experts are forecasting a shrinking of the world fleet and a possible winnowing out of players.
FreightWaves adds more depth and market insight to the existing tender volume and air freight data, along with new weather forecasting details, in its SONAR platform.
For decades, the European freight rail system has had no major upgrades with regard to axle load capacity, train length or car vertical height.
In this week’s Down Under Trucking – death by reckless driving; hill driving; trucker fired; police shoot tow truck thief; logistics industry urges government to ramp up!
Today we’re going to take a look at how a weather event that happened a few weeks ago can have a big effect on today’s freight market.
Traxens says the new standard will facilitate growth in smart container usage.
The outlook for the global economy has deteriorated significantly due to escalation in the U.S.-China trade war, according to Fitch Ratings’ Global Economic Outlook (GEO). The credit rating agency forecasts […]
Self-driving cars from a U.K. startup Oxbotica took to Stratford’s streets earlier this week, successfully wading through traffic and proving itself safe to navigate in an urban setting.
Unable to raise cash to continue operating, Slovenia’s flag carrier has ceased operations
The transfer of production out of China to avoid U.S. tariffs of up to 25% is having a tangible impact on global trade flows.
Spain’s road transport sector faces a “profound” shortfall in drivers, says IRU