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Oct - 2019 -
20 October
FreightWaves Staff

West Africa: the center of maritime piracy, armed robbery and kidnap

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).

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18 October
FreightWaves Staff

Down Under Trucking: Wisetech denies J Capital claims of financial trickery

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”.

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FreightWaves Staff

Trailer orders rebound in September, pointing to solid 2020 production

Preliminary orders for trailers in September suggest 2020 production will be solid though significantly lower than this year’s anticipated record build.

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FreightWaves Staff

Charleston port moves chassis off terminal to boost truck fluidity

Off-site facility aims to give terminal more room to operate and make chassis moves more fluid.d

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FreightWaves Staff

Need for expediting safety measures across unsecured parking lots leading to alignment of standards

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.

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FreightWaves Staff

‘Dogging’ sex claims of U.K. government ridiculed by truckers

British government minister’s voyeuristic sex claims about truck drivers are “classist,” “inappropriate” and “ignorant,” says road transport representative.

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FreightWaves Staff

Wincanton emerges as potential Eddie Stobart buyer

The U.K.-based logistics company has been given due diligence access to the scandal-plagued trucking firm’s accounts.

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FreightWaves Staff

HelloFresh pushes towards leaner and more centralized last-mile meal-kit delivery

Meal-kit delivery company HelloFresh leverages data from last-mile movement and consumer feedback to make its deliveries precise and error-free.

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FreightWaves Staff

Global Container Terminals joins IBM-Maersk blockchain group

Terminal operator joins TradeLens as it looks to align with ocean carriers and provide better box tracking.

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FreightWaves Staff

Could IMO 2020 prompt box lines to speed up?

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.

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17 October
FreightWaves Staff

Japan’s freight industry sluggish in second half of 2019

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.

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FreightWaves Staff

Technology company Continental pushes toward Industry 4.0 across its production floor

Continental has partnered with SAP to standardize its manufacturing processes and gain real-time visibility into floor operations.

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FreightWaves Staff

APM Terminals picks new chief for upgraded New Jersey site

Industry veteran picked to head one of the largest U.S. East Coast terminals, which is undergoing upgrade.

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FreightWaves Staff

Trucking alert: Criminals to target Brexit chaos?

Brexit is now only two weeks away but the dangers facing truckers and shippers continue to mount.

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16 October
FreightWaves Staff

Dry bulk markets are strengthening, says Pacific Basin

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).

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FreightWaves Staff

The practicality behind retaining warehousing workforce in a tight labor market

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.

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FreightWaves Staff

US tariffs take heavy toll on China (with video)

September saw China record its lowest monthly export growth to the U.S. since 1996 as the trade war inflicted more damage.

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FreightWaves Staff

Port Report: MSC adds to big ship trove with latest $762m order

World’s second largest container fleet continues push with ultra-large container ships.

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15 October
FreightWaves Staff

Lincoln’s logs: Actionable SONAR data insights

There’s freight to be had in South Bend. Loads should be abundant and you should have no problem keeping your truck rolling. 

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FreightWaves Staff

Commentary: Is there enough electricity for electric vehicles?

Market Voice Ben Thrower writes about electric vehicles – and their potential impact on the U.S. energy grid.

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FreightWaves Staff

Dutch delight at Brexit bounty

FreightWaves finds growing evidence that manufacturers and distributors are transferring operations from the U.K. to northern Europe.

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FreightWaves Staff

New IMO 2020 fuel indexing mechanism launched

European shippers have joined with leading container line analyst Drewry to bring order to the “who pays what” implementation of IMO low-sulfur fuels.

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FreightWaves Staff

Tokyo freight infrastructure stands up to the wrath of Super Typhoon Hagibis

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.

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FreightWaves Staff

EXCLUSIVE: Ocean carriers miss out on US$110 with each box shipped

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.

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14 October
FreightWaves Staff

Driver helps save young girl after fiery crash

Brian Smith is being recognized for helping at the scene of a fiery crash that killed four people.

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FreightWaves Staff

IAG backs net zero carbon emissions by 2050

British Airways parent commits to ambitious emissions reduction goal

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FreightWaves Staff

Port Report: APM’s New Jersey site aims for shorter truck queues

Maersk subsidiary looks to fix congestion that had been widely cited in 2018 front-loading.

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FreightWaves Staff

Box line ‘predatory pricing’ undermining rates

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.

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FreightWaves Staff

U.S. air cargo trade: decline leaves big shoes to fill

Big air trade drops with major trading partners leaves industry looking for backfill

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FreightWaves Staff

Migrating from on-premise OTM to the cloud for a more positive bottom line

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.

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13 October
FreightWaves Staff

Port of Tokyo records decline in cargo volumes and box ship calls

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.

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FreightWaves Staff

FreightWaves adds Drewry air freight rates and expands lead time data (with video)

FreightWaves continues to add depth to its air cargo data with new rate data by lane from industry standard Drewry’s.

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12 October
FreightWaves Staff

Jump in box ship sizes serving US and Europe

An influx of new container ships has hiked the average size of vessels deployed on the trans-Pacific and Asia-Europe trades, reports Alphaliner.

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11 October
FreightWaves Staff

Down Under Trucking: strip club driver dies in truck crash; high trucker jailed; cattle truck fail

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!

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FreightWaves Staff

Court rules EEOC Overstepped its authority with background check guidance

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.”

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FreightWaves Staff

Flexport acquires API developer focused on container visibility

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 […]

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FreightWaves Staff

Medical marijuana company to audit supply chain for importing Canadian cannabis into Germany

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.

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FreightWaves Staff

White Paper – 5 Must Haves: A Buyer’s Guide to Shipping Software

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.

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FreightWaves Staff

Explained: How and why Brexit will reshape Europe’s logistics landscape

Renowned logistics analyst explains how Brexit will impact cargo flows, liner shipping calls and European supply chain planning.

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10 October
FreightWaves Staff

Exposé of immigration scheme in Canadian trucking prompts warning from feds

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.

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FreightWaves Staff

Today’s Pickup: Growth of on-demand mobility comes at the cost of public transport and marginalized people

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.

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FreightWaves Staff

Rhenus commits to iconic distribution centers and U.S. expansion (WITH VIDEO)

European logistics giant could bring its famed, eco-friendly distribution centers to North America as its global expansion continues

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FreightWaves Staff

The unsurprising growth of Hispanics within the trucking industry

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.

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FreightWaves Staff

German electric vehicle automaker sees ‘huge market opportunity’ in the U.S.

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.

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FreightWaves Staff

Asia’s merchant ships pollute world’s oceans with plastic bottles

Asian merchant shipping and major drinks manufacturers are responsible for an increase in the amount of plastic bottles found in the world’s oceans.

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FreightWaves Staff

Körber Logistics buys majority stake in logistics-robotics company Cohesio

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.

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09 October
FreightWaves Staff

Walmart Transportation driver assists motorist after serious crash

Robert Wheeler is being recognized for his quick action in helping at the scene when an SUV pulled into the path of oncoming van.

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FreightWaves Staff

Port Report: Resin exports to grow with new Charleston warehouse

Houston still the main gateway for resin shippers, but other Southeast ports growing as well.

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FreightWaves Staff

China establishes yet another freight train route to Europe that is over 7,000 miles long

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.

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FreightWaves Staff

BiTA welcomes logistics real estate leader Prologis

Prologis, the global leader in logistics real estate, has joined the Blockchain in Transport Alliance (BiTA).

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FreightWaves Staff

Maersk: Shippers will only pay for IMO 2020 ‘cost recovery’

Maersk expects ample supplies of low-sulfur fuels to be available in most ports, but warns shippers to expect higher costs.

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08 October
FreightWaves Staff

Tomato importers worry new rules at Mexican border to cause delays and higher prices

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.

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FreightWaves Staff

Toll Group gets L.A. port’s OK to run old Cal Cartage warehouse

New third-party logistics firm to take over yard and warehouse that handles ‘considerable’ freight.

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FreightWaves Staff

Over 300,000 auto sector jobs gone in India; government is in denial

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.

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FreightWaves Staff

Box shipping faces $11 billion IMO 2020 bill

Drewry expects service levels to be cut by lines if shippers prove unwilling to foot the bill for mandatory low-sulfur fuels.

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FreightWaves Staff

Port Report: break bulk markets squeezed by ports and alternative competitors

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.

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07 October
FreightWaves Staff

National freight volumes on a tear, notch year-to-date highs this week

Outbound tender volumes (OTVI.USA) rose by 6.78% year-over-year this week, setting a year-to-date high in growth terms.

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FreightWaves Staff

A wet spring delayed the U.S. corn harvest

The U.S. imports corn from Brazil ahead of the harvest season.

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FreightWaves Staff

Blockchain unifying public transport payments across Madrid, Spain

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.

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FreightWaves Staff

Hundreds of driving licenses cancelled as drunken e-scooter riders cause chaos at beer festival Oktoberfest

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.

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FreightWaves Staff

Swissport launches self-service air cargo service

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 […]

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FreightWaves Staff

White Paper – Why Every Shipper Needs a Digital Freight Marketplace

The ultimate resource providing keen insight into maximizing your supply chain efficiencies.

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FreightWaves Staff

Port Report: break bulk’s existential angst

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.

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06 October
FreightWaves Staff

FreightWaves introduces new Tender Volume, Air Cargo and Weather data into SONAR

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.

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05 October
FreightWaves Staff

Why is Europe so absurdly backward compared to the U.S. in rail freight transport

For decades, the European freight rail system has had no major upgrades with regard to axle load capacity, train length or car vertical height.

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FreightWaves Staff

Down Under Trucking: trucker found guilty of killing two road users

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!

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04 October
FreightWaves Staff

Lincoln’s logs: Take a look at Houston

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.

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FreightWaves Staff

New data standard aims to ease smart container tracking

Traxens says the new standard will facilitate growth in smart container usage.

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FreightWaves Staff

Fitch: China trade war dims economic prospects

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 […]

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FreightWaves Staff

Self-driving cars weave through roads on a test run in London’s Stratford district

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.

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FreightWaves Staff

Slovenia’s Adria Airways shuts down

Unable to raise cash to continue operating, Slovenia’s flag carrier has ceased operations

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FreightWaves Staff

US tariffs on China prompt manufacturing migration

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.

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FreightWaves Staff

Truck driver shortage spreads to southern Europe

Spain’s road transport sector faces a “profound” shortfall in drivers, says IRU

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