Watch Now
Sep - 2019 -
03 September
FreightWaves Staff

ONE, OOCL add reefer containers as fresh food trade set to expand

Sixth largest container shipping firm cites Asian demand for fresh food as prompting the move.

Read More »
FreightWaves Staff

Truck Maintenance 101: Keeping your vehicle in tip-top shape

Staying on top of repair and maintenance is one of the most important elements in securing your truck’s lifespan.

Read More »
FreightWaves Staff

E-scooters are not good for the environment, German government study finds

As a medium of shared mobility. e-scooters are finding wider acceptance in Germany, but it is yet to be seen if they can decrease street traffic.

Read More »
FreightWaves Staff

‘Last chance to evacuate’ Jacksonville

Northeast Florida readies for Hurricane Dorian, Uber and Lyft offer free rides, Georgia ports remain closed and UPS issues pickup and delivery advisory.

Read More »
FreightWaves Staff

Shippers brace for sharp rise in ocean fuel costs as IMO 2020 looms

The price of new IMO 2020-compliant low-sulfur fuels is already 30% higher than fuels currently in use, but costs will rise further as the Jan. 1 deadline approaches, says consultant

Read More »
FreightWaves Staff

TruckIT brings visibility to the trucking marketplace

TruckIT connects dump truck supply with demand through its marketplace, which helps contractors to plan their needs better and truckers to make more money in the process.

Read More »
FreightWaves Staff

Intelligent Cargo Systems helps ships improve efficiency of port calls

The London-based startup is helping ships to optimize their port docking time, allowing them to sail early and save on fuel by sailing slower.

Read More »
FreightWaves Staff

FIATA calls for carrier talks over fines

Maersk, Hapag-Lloyd, HMM and OOCL have announced plans to impose penalties on shippers.

Read More »
FreightWaves Staff

Dorian to shut U.S. Southeast ports, intermodal for much of week

Hurricane Dorian’s approach upward along the U.S. Southeast coast will shutter maritime and rail assets throughout the region during the week.   Dorian was located just 100 miles off the Florida […]

Read More »
01 September
FreightWaves Staff

White Paper – The Road Ahead: 3 Ways Logistics Providers Are Automating Costly Manufacturing Processes

The Road Ahead: Why Logistics Providers Are Automating Costly Manual Processes

How Robotic Process Automation Drives Efficiencies and Improves Operations

In logistics, the pressure to stay competitive and grow your business is fierce. Robotic Process Automation (RPA) can give your business the extra boost it needs by automating repetitive, manual tasks so workers are free to focus on more strategic tasks. Read this eBook to learn how RPA eliminates manual tasks and increases efficiency in three of your essential business areas: shipment and scheduling; invoicing and credit collections; and capturing, researching and closing outloads.

Read More »
Aug - 2019 -
31 August
FreightWaves Staff

Down Under Trucking: a submerged stinky truck and a call for humane treatment of truckers

A sewage truck met a watery end in New South Wales; regulators in NSW have improved port access; National Transport Commission overhauls assurance framework; ATA wants truck drivers to be treated humanely; and K&S announces profit slump and sale of Regal General Freight.

Read More »
30 August
FreightWaves Staff

COSCO Shipping leans on new U.S. trade partners for growth

Third largest carrier reports rebound in results, partially thanks to rates and partially to subsidies.

Read More »
FreightWaves Staff

Coast Guard warns ships to steer clear of ports in Dorian’s path

Ship traffic has not yet halted, but vessels warned to find shelter away from local ports.

Read More »
FreightWaves Staff

Nexxiot, Unilode partner to digitize air cargo

By the beginning of 2021, Nexxiot expects that all 125,000 ULDs supported by Unilode will be fitted with a digital twin.

Read More »
FreightWaves Staff

Air France-KLM and Kuehne + Nagel create direct connection

The new interface was designed to increase speed, accuracy and efficiency.

Read More »
FreightWaves Staff

Mercedes-Benz collaborates on blockchain-based used car management platform

Beijing Mercedes-Benz Sales Service is collaborating with blockchain company PlatOn on a platform that calculates vehicle residual value based on static and dynamic data from vehicles.

Read More »
FreightWaves Staff

Big ocean ships equal big problems but small benefits

Ocean carriers are deploying ever-larger box ships to drive down slot costs and emissions per unit. But they are sacrificing their own flexibility and are driving up costs for ports and truckers. Overall, the hoped-for benefits haven’t appeared and may even be a net negative, analysts say.

Read More »
29 August
FreightWaves Staff

Lincoln’s logs: Target the upper Midwest

Tender rejections have spiked over the last few days, specifically the Dakota regions and western Minnesota.

Read More »
FreightWaves Staff

COSCO Ports overseas assets push first-half results higher

COSCO Shipping Ports (HKEX: 1199)  reported higher revenue and volumes for the first half of the year. But the spin-off of a stake in one of its port assets and […]

Read More »
FreightWaves Staff

WFS investing in Paris airport pharmaceutical center

The facility will be the only one owned by a ground handler dedicated to pharmaceuticals at Charles de Gaulle Airport.

Read More »
FreightWaves Staff

PORT REPORT: China’s port throughput volumes rise despite trade war

New official figures from China’s Ministry of Transport show that the volume of containerized ocean freight, as measured in twenty-foot equivalent units (TEUs) through China’s 49 main box-ports in the year continue to rise despite the Washington-Beijing trade tensions. But it seems that Vietnam might be benefiting from the turbulence, according to data found in FreightWaves’ SONAR database.

Read More »
FreightWaves Staff

Lufthansa, Deutsche Bahn settle air cargo dispute

The European Commission alleges that a price-fixing cartel in operation from 1999 to 2006 set the levels of fuel and security surcharges.

Read More »
FreightWaves Staff

Today’s Pickup: China looks to resolve trade dilemma with the U.S. through negotiations

China looks to de-escalate tensions with the U.S.; German exports affected more by Brexit than trade war; Indian auto sector in trouble.

Read More »
FreightWaves Staff

Ecommerce delivery does not increase carbon emissions, but weekly supermarket runs do

Last-mile movement is one of the least energy-efficient operations within supply chains, and efforts need to be taken to consciously reduce energy expended in that stretch.

Read More »
FreightWaves Staff

Mixed reality might be the edge that the logistics industry lacked all these years

Mixed reality smart glasses allow workers to become hands-free with logistics operations, helping them to focus solely on the package at hand.

Read More »
FreightWaves Staff

Living in a Trucker’s Paradise

A recent study found these cities to be the best for those who drive heavy-duty and tractor-trailer trucks.

Read More »
28 August
FreightWaves Staff

McLane subsidiary exempted from 30-minute rest rule

Approximately 3,580 drivers working for McLane subsidiary Transco Inc. will be exempt from the federal government’s 30-minute rest break rule.

Read More »
FreightWaves Staff

The freight railway route from China to Europe is not generating business volume

Several intermodal containers on trains running between China to Europe run empty due to lack of exporter demand for capacity.

Read More »
FreightWaves Staff

Elroy Air’s first full-scale autonomous cargo test flight a success

Elroy Air, an aerial autonomy and logistics company, announced the completion of its first full-scale system flight test at an airfield in California.

Read More »
FreightWaves Staff

Voyage Control aims to grow from chain link to terminal gate

Marine terminals to offer guaranteed empty returns, common portals for truck appointments.

Read More »
27 August
FreightWaves Staff

Lincoln’s logs: Reject loads into Cincinnati

Cincinnati has historically been a positive headhaul market, with more outbound freight than inbound. In the last few weeks, we’ve seen a pretty large shift.

Read More »
FreightWaves Staff

Profits plunge at AusPost

Australia Post, a government-owned post and freight service, has reported revenues of just under A$7 billion but has experienced a massive fall in profits.

Read More »
FreightWaves Staff

Cargolux finances another freighter

The Luxembourg-based airline takes an unusual path to pay for its latest B747-ERF.

Read More »
FreightWaves Staff

UK watchdog group launches aviation merger inquiry

MUFG Bank’s anticipated acquisition of the aviation finance business of DZ Bank draws scrutiny.

Read More »
FreightWaves Staff

Criminal charges filed against Wallenius Wilhelmsen

Norway’s Wallenius Wilhelmsen, a major global ocean carrier of vehicles, now faces a criminal prosecution in Australia after the local competition regulator filed charges against it.

Read More »
FreightWaves Staff

The costs of Bernie Sanders’ “green deal”

2020 presidential candidate Bernie Sanders released details on his proposed $16.3 trillion Green New Deal on August 22. This deal would cover a range of industries with the common goal […]

Read More »
FreightWaves Staff

Logistics businesses: adopt technology or revenue will slide

Transport and logistics businesses need to seriously consider investing in digitalization if they want to stay afloat in this rapidly evolving market.

Read More »
26 August
FreightWaves Staff

By the numbers: Selling time–using ELD data to better understand your business

Let’s face it, we’re all selling time in one way or another. In fact, if you’re in business it is one of your primary inputs.

Read More »
FreightWaves Staff

Envisioning last-mile logistics networks of the future

Rapidly changing consumption patterns and increasing traffic bottlenecks in urban environs necessitate the evolution of transportation and its underlying business models to create a sustainable logistics future.

Read More »
24 August
FreightWaves Staff

Down Under Trucking: Vast majority of Aussie truck drivers are either fat or obese

The vast majority of Aussie truck drivers are either fat or obese and they have a terrible diets, new research has found. Meanwhile, New Zealanders fund electric vehicles and Aussie trailer maker reveals a shocker set of financial results.

Read More »
23 August
FreightWaves Staff

FreightWaves NOW: Arkansas to Iowa reefer markets up 35%

Market expert Donny Gilbert talks on how well the reefer markets are in the midwest. Meteorologist Nick Austin show us the scattered storms from rockies to the east coast. Market […]

Read More »
FreightWaves Staff

The well-oiled German economy has hit a brick wall

The German economy shrunk by 0.1 percent in the second quarter of 2019, sparking fears of a recession.

Read More »
FreightWaves Staff

Eddie Stobart fires CEO over bloated financial estimates as pandemonium reigns

U.K. haulier Eddie Stobart has deposed its CEO Alex Laffey over inflated operating profits and has suspended its stocks from trading in the market.

Read More »
FreightWaves Staff

Port Report: DP World’s profit up as new logistics bets pay off

Fourth-largest ports operator sees tepid volume growth, but logistics provides offset.

Read More »
22 August
FreightWaves Staff

TIL Logistics reports big full year revenues but small profits

Trucking, freight and international forwarding business TIL Logistics (NZX: TLL) of New Zealand has reported solid revenues of NZ$355.1 million (US$226.94) and a small net profit after tax of NZD$4 million (US$2.56 million).

Read More »
FreightWaves Staff

Truckers and customs brokers are seeing “red” as border wait times increase

Truck wait times at ports of entry along the United States-Mexico border are up, from El Paso, Texas, to Otay Mesa, California.

Read More »
FreightWaves Staff

Today’s Pickup: No-deal Brexit might unleash an explosive growth in grey market goods

No-deal Brexit might funnel goods into the grey market; China is an irreplaceable manufacturing hub; electric vehicle segment is growing at a furious pace.

Read More »
FreightWaves Staff

Tightened credit standards: a worrying sign for the trucking industry?

The freight industry is being battered by falling volumes and loosening capacity, with tightening credit standards further exacerbating the situation.

Read More »
FreightWaves Staff

Porsche invests in startup that develops low-visibility sensors for vehicle automation

Israeli startup TriEye has received investment from German carmaker Porsche as part of its $19 million Series A round of financing.

Read More »
FreightWaves Staff

Sales surging but the retail apocalypse continues

Using data from FreightWaves SONAR, economist Ibrahiim Bayaan writes about the state of the U.S. retail market and what is ahead for this key sector.

Read More »
FreightWaves Staff

Qube earns US$1.15 billion in revenues… but foresees subdued markets next year

Integrated bulk, rail, trucking, box, warehousing and ports operator, Qube (ASX: QUB), has announced weighty full year earnings of A$1.73 billion (US$1.5 billion). It also made net profit after tax of 15. 4 percent to A$123.2 million. But it sees a subdued economy ahead…

Read More »
21 August
FreightWaves Staff

Copilot by Pronto: driver-assist technology does just that! (with video)

FreightWaves chief analytics officer Dean Croke – who has also driven more than 2 million miles behind the wheel of heavy-duty trucks – previews Copilot by Pronto.

Read More »
FreightWaves Staff

Filament announces adoption of MOBI Vehicle Identity Standard

Filament announced its adoption of the MOBI Vehicle Identity Standard within the Blocket Mobility Platform, which is a turn-key vehicle identity (VID) solution created for integrated vehicle wallet and usage-based […]

Read More »
FreightWaves Staff

Maersk is the newest entrant into the Indian trucking market

Maersk is partnering with Indian digital freight startup BlackBuck to enter the Indian containerized trucking market for export-import logistics.

Read More »
FreightWaves Staff

Napier Port shares begin trading on the New Zealand Stock Exchange

Napier Port, located in Hawke’s Bay on the North Island of New Zealand, has begun trading on the New Zealand Stock Exchange (NZH) at an offer price of N$2.60 (US$0.64), raising NZ$234 million (US$149.94 million).

Read More »
FreightWaves Staff

Pirates kidnap eight crew from multi-purpose ship

Eight crewmen have been kidnapped and are now being held captive by West African pirates after their ship was attacked in the dead of night.

Read More »
20 August
FreightWaves Staff

Global logistics software company WiseTech reports huge rise in revenues and profits

WiseTech (ASX:WTC), a global provider of advanced logistics software, has reported a whopping 57 percent growth in revenues and a massive 37 percent net profit after tax for its full 2018-2019 financial year. Revenues generated in the last financial year stood at A$348.3 million and net profits were $54.1 million.

Read More »
FreightWaves Staff

California bill on independent contractors likely to pass without any carve-out for truckers

If the California Senate approves the legislation codifying the provisions of the Dynamex decision regarding the classification of independent contract workers – like drivers – it likely won’t have an exemption for the trucking industry. 

Read More »
FreightWaves Staff

Law firm BakerHostetler develops blockchain-based smart legal contracts for the freight market

These smart legal contracts allow participants to track post-signature performance of the agreement by integrating it with the existing enterprise systems.

Read More »
FreightWaves Staff

White Paper – The New Economics of Freight Brokerage

The marketplace for truckload transportation is fragmented and opaque. Relationships between shippers and carriers are tenuous at best, forged and broken by wild swings in capacity availability and rates per mile. In this white paper, Transfix and FreightWaves define the problems distorting the marketplace for truckload transportation, discuss how carriers think about their assets, explain the role of technology in reducing empty miles, and sketch out the economic dynamics that come into play when the marketplace is optimized to free up capacity at the right price.

Read More »
FreightWaves Staff

Huge rise in revenues but a massive slump in profits for LBC Express

Logistics provider LBC Express (PSE: LBC) of Manila, the Philippines, has reported a massive rise in revenues in the second quarter of 2019 but a big slump in net profit after tax.

Read More »
FreightWaves Staff

PORT REPORT: Liquefied natural gas import terminal gets official green light at world’s biggest coal port

The world’s biggest coal port moves forward with US$500 million plans to import LNG into Australia… which is the world’s biggest LNG export nation.

Read More »
FreightWaves Staff

Sime Darby paid US$136 million for automotive and construction dealer Gough

Sime Darby Berhad (BM: 4197) has directly told FreightWaves it paid about NZ$211 million (US$136 million) to acquire automotive and construction machinery dealer Gough Group of New Zealand.

Read More »
19 August
FreightWaves Staff

By the numbers: Becoming gross margin focused

Establishing a strategy for growth is the foundation for any sustainable business and for a culture of continuous improvement.

Read More »
FreightWaves Staff

Startups in the transport space overlook a fertile investment landscape

The transport industry is witnessing the rise of numerous technology startups, with investment pouring in from excited investors who envision a smart and connected future for transport.

Read More »
FreightWaves Staff

LiDAR company Velodyne sues Chinese firms for patent infringement

Velodyne has filed patent infringement claims that its rotating 3D LiDAR technology was copied by Chinese companies Hesai and RoboSense.

Read More »
FreightWaves Staff

EPAM Systems joins Blockchain in Transport Alliance

EPAM Systems is the latest member of the Blockchain in Transport Alliance. Learn more about the company and the Alliance in this article.

Read More »
FreightWaves Staff

Ohio-based Depot Systems bought by WiseTech Global

Ohio-based container yard/terminal management software system Depot Systems has today been bought by Sydney, Australia-based WiseTech Global (ASX: WTC) for an undisclosed sum.

Read More »
16 August
FreightWaves Staff

DOWN UNDER TRUCKING: female truckers expect discrimination

Australia’s road transport industry has a way to go in ensuring gender equity. Research has found that female workers encounter misogyny, bullying and discrimination. In other Down Under Trucking news: mistake is no defence to trucking crime; supermarket boosts safety after loading dock death; logistics giant snaps up drayage business; CTI Logistics expects a small profit.

Read More »
FreightWaves Staff

CalArk driver recognized for heroic actions on the highway

The Truckload Carriers Association has named Kevin Phillips of Sheridan, a professional truck driver with CalArk International, Inc. a Highway Angel. He is being recognized for aiding a woman after vehicle rollover.

Read More »
FreightWaves Staff

FreightWaves announces expansion into Portland

FreightWaves is expanding with a new office in Portland, Oregon. There are opportunities for data scientists, software engineers and journalists.

Read More »
FreightWaves Staff

Agility reports large increase in second quarter profitability

Global logistics provider Agility (DFM: AGLTY) reported a 20 percent increase in net profit for the second quarter of 2019. Agility reported a more modest rise in revenues.

Read More »
FreightWaves Staff

Trucking fleets need introspection and technology to stay ahead in the market

Small fleets need to fully understand their financial situation, improve awareness of technology and have set processes in place to fluidly scale up the business.

Read More »
FreightWaves Staff

Nigerian digital freight marketplace Kobo360 raises $20 million

Kobo360 is one of the most recognized FreightTech players in Africa, helping shippers connect with carriers in a market riddled with severe visibility and transparency concerns.

Read More »
FreightWaves Staff

FreightWaves begins 2020 FreightTech 100 Award nomination process

FreightWaves, the industry-leading provider of 24/7 news, data and analytics for the global freight and logistics markets, announces the start of the nomination process for the 2020 FreightTech 100 Awards. […]

Read More »
FreightWaves Staff

Cathay Pacific CEO and its Chief Commercial Officer both resign their jobs with effect as of Monday

Rupert Hogg, CEO, and Paul Loo, Chief Customer and Commercial Officer, have both quit their jobs at Cathay Pacific. The company has appointed two replacements.

Read More »
15 August
FreightWaves Staff

Sehestedt joins FreightWaves as vice president of Association and University Development

Will Sehestedt will focus on building relationships on behalf of FreightWaves with associations and universities.

Read More »
FreightWaves Staff

Mixed signs from the economy as sales climb, industrial output declines

Retail remains a rare source of strength in the economy while manufacturing struggles

Read More »
Loading Posts