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Jul - 2019 -
29 July
FreightWaves Staff

Commentary: Nearshoring provides opportunities for U.S. and Latin American companies

Ben Thrower writes about nearshoring manufacturing, which has gone on for decades. He also writes about the potential for nearshoring services, a new opportunity for both U.S. and Latin American businesses.

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FreightWaves Staff

Takeaway.com and Just Eat merge to become a global superpower in on-demand food delivery

Just Eat and Takeaway.com merge to create a £9 billion company that will be headquartered in Amsterdam and traded on the London Stock Exchange.

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FreightWaves Staff

Port Report: Trucking queues down at biggest U.S. seaport

As peak shipping season gets underway and more containers arrive at ports, the ability of North America marine terminals to handle the extra truck traffic is coming into sharper focus. […]

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26 July
FreightWaves Staff

GDP growth slipped in the second quarter, and revisions reveal weaker 2018 growth

GDP growth slowed to a 2.1 percent pace in the second quarter, as strengthening consumer spending was offset by weakness elsewhere

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FreightWaves Staff

FreightWaves NOW: The mix of contract and spot

Its Futures Friday Zack Strickland looks at where the market is heading. While market expert Kevin Hill shows how having a mixture of contract and spot benefits business.

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FreightWaves Staff

New Jersey’s limits on owner-operators rankle carriers (with video)

After California, New Jersey is the next battleground for trucking’s owner-operator business model. And motor carriers fear the war there may be largely lost. The latest skirmish centers on a […]

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FreightWaves Staff

Competition watchdog worries over USD$248 million sale of liquids terminals

Australia’s competition watchdog, the Australian Competition and Consumer Commission (ACCC), has expressed competition fears over the acquisition of the wharf-side GrainCorp Liquid Terminals by independent bulk liquid storage company ANZ Terminals. The ACCC has formed a preliminary view that the potential sale would “substantially lessen competition”… and that’s the first step on the way to blocking the A$350 million (US$248 million) deal.

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FreightWaves Staff

DOWN UNDER TRUCKING: transport jobs boom underway in Australia

Free trade deals are driving demand for logistics staff in Australia, says recruiter Hays. Meanwhile, the Australian Federal Government is handing out cash to boost trucking, cargo and road safety. Trucking fuel is much in the news with a new bio-diesel plant opening but industry groups are calling for a better uptake of electric vehicles. Australia’s famed trucking museum may now be in jeopardy.

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FreightWaves Staff

Port Report: Decline in box volumes and containerized cargo weight in bellwether port of Singapore

Asian city-state Singapore has seen a small fall in container volumes and a more noticeable fall in containerized cargo weights in the first half of 2019 when compared to the same period in 2018. Singapore is a bellwether for world trade volumes and it does a substantial amount of business with the U.S. as well.

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25 July
FreightWaves Staff

Providing truckers with privacy in the age of data sharing and ELDs

With the growth of technology in the trucking sector, drivers are now being monitored every second they are in the cab, which has led to concerns about privacy.

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FreightWaves Staff

FreightWaves NOW: Pesky California produce

Market Expert Zack Strickland show how California produce impacts the freight market.

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FreightWaves Staff

Kirby hits profit marks despite extensive Midwest flooding

Kirby Corporation (NYSE: KEX) reported second quarter results that met consensus estimates, despite the ongoing problems for barging operations in the U.S. Midwest. But the company did lower its earnings […]

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FreightWaves Staff

Today’s Pickup: Over 1,100 fracking wells in the Permian basin went unreported in 2018

Shale oil wells in the Permian basin were underreported by 20 percent; U.S. FDI flows reduce; UPS pursues drone delivery services

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FreightWaves Staff

Moody’s sees ships, trucks, and rail having elevated credit risks

Owners of ships, railcars and trucks face increased risk from environmental regulations, credit rating agency Moody’s said. The value of $265 billion in debt owed by transportation companies may be […]

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FreightWaves Staff

Port Report: Los Angeles looks at how to head off cyberattacks

The Port of Los Angeles is a test bed for the latest in logistics technology, and a target for the threats facing that technology. To stave off those threats, the […]

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24 July
FreightWaves Staff

Recent Department of Labor opinion letter clarifies compensability of time spent in sleeper berth

This opinion letter clarifies this frequently litigated issue and should serve as useful guidance for both companies and courts moving forward.

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FreightWaves Staff

FreightWaves NOW: Adjusted GDP vs traditional GDP

Economist Ibrahiim Bayaan breaks down the difference between adjusted GDP vs traditional GDP. Market Expert Seth Holm looks at rate cuts and how the market is affected by them.

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FreightWaves Staff

Hyperloop test pod breaks speed record and wins the annual hyperloop pod competition

A student team from Germany’s TU Munich achieved a top speed of 463 kmph (288 mph) on its prototype pod at the SpaceX Hyperloop Pod competition.

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FreightWaves Staff

Commentary: Key benefits of asset tracking systems for maritime shippers

In this commentary by Ekim Saribardak, he writes about new track and trace technologies that can revolutionize the shipment of ocean freight.

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FreightWaves Staff

Carrier Breakdown by Size

Estimates of how many owner-operators are in the market is often inflated by 200 or 300 percent. This means at some point freight brokers will have to focus on larger […]

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FreightWaves Staff

Boris Johnson could be the next Churchill if he delivers a favorable Brexit deal for the U.K.

Boris Johnson will become the Prime Minister of the U.K. today, and will be assuming responsibility for the nature of the U.K.’s exit from the European Union.

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FreightWaves Staff

BIS issues first decision on Section 232 exclusion requests in new portal

A Bureau of Industry and Security official broke the news during the CBP trade symposium this week.

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FreightWaves Staff

PORT REPORT: US$157 million Port of Napier IPO fails to excite

Stock market analysts are not excited by the initial public offering (IPO) of the container- and forestry-products focused Port of Napier on New Zealand’s east coast.

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FreightWaves Staff

Freight All Kinds – Asian crime gangs freight huge volumes of meth around the globe

Criminal syndicates are smuggling huge volumes of methamphetamine around the globe by hiding it in the lawful flow of freight. Find out where meth flows, how it flows, and who profits as it flows.

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23 July
FreightWaves Staff

New Jersey appellate court rules for truckers in class-action wage deduction suit

It is advisable to consult with experienced legal counsel to ensure that an employer’s operations, which may subject them to a particular state’s laws, are satisfactory and compliant under those laws.

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FreightWaves Staff

FreightWaves NOW: Volumes coming to the east coast

Market Expert Henry Byers shows us how maritime traffic is increasing on the east coast. While Market Expert Donny Gilbert talks hot markets for shippers moving refrigerated goods.

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FreightWaves Staff

Kuehne + Nagel sees ‘tough ride’ as auto, industrials weaken

Kuehne + Nagel (K + N) said it is cautiously optimistic on the outlook for the second half of 2019, but it will be a “tough ride in a tough […]

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FreightWaves Staff

Data standardization is critical to drive efficiency into food supply chains

For blockchain to improve visibility and accountability within food supply chains, its underlying data needs to be in order.

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FreightWaves Staff

Blockchain provides farm-to-fork visibility

Blockchain can help standardize supply chain processes while also ushering in much-needed transparency and visibility.

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FreightWaves Staff

Port Report: Fenix Marine looks to offer speedier box turns by 2020

Fenix Marine Services aims to make faster dwell and truck turns the capstone of a nearly two-year project to upgrade the second largest marine terminal in Los Angeles. Fenix is […]

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22 July
FreightWaves Staff

Berlin logistics startup sennder raises Series C financing round

sennder has now raised nearly €100 million this year across two rounds of funding.

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FreightWaves Staff

FreightWaves NOW: Market turns favorable for shippers

Market Expert Donny Gilbert talks about how the market is great for shippers but brokers and carriers should keep a close eye.

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FreightWaves Staff

FreightWaves Freight Intel Group: Trucking company failures likely to increase in 2019

FreightWaves Freight Intel Group predicts an increase in trucking company failures in 2019. Read why they make that prediction in this article.

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FreightWaves Staff

Automated terminals the fastest option for trucking containers

This article brought to you courtesy of NEXT Trucking The ability of marine terminals to move ocean containers quickly is becoming a selling point for shippers frustrated with long delays […]

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FreightWaves Staff

Automated terminals’ speed, ease touted

TraPac says upgrades were needed to allow the Los Angeles terminal to handle 2.4 million TEUs by 2038.

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FreightWaves Staff

Commentary: China’s investments and influence in Panama – problems ahead for the United States?

Ben Thrower explores the financial and political influence that China is wielding in Panama and around the Panama Canal.

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FreightWaves Staff

West Virginia may sell inland port

The $30 million Heartland Intermodal Gateway has generated little income.

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FreightWaves Staff

Port Report: West Virginia looks at options for its inland port

West Virginia may look to sell an intermodal port that it developed, but which has failed to generate the expected level of freight volumes. The state’s Port Authority developed the […]

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20 July
FreightWaves Staff

DOWN UNDER TRUCKING: Melbourne begins forcing trucks out of the inner city

A weekly round-up of events in Australia. This week: Melbourne forces trucks out of the inner city; cleaning up asbestos roads; obeying road signage fail; road train safety inspections.

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19 July
FreightWaves Staff

Port of Long Beach updates master plan

To prepare for ultra-large containerships, the port revises the plan last updated in 1990.

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FreightWaves Staff

Fretlink looks to eliminate the spot market by streamlining digital load matching

Fretlink connects thousands of carriers with large shippers through a digital freight marketplace that offers reliability on service and freight hauling prices.

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FreightWaves Staff

APMT, ILWU strike LA retraining deal

Dockworkers will be trained to repair automated cargo-handling equipment they argued would take their jobs.

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FreightWaves Staff

Port Report: APM shores up ILWU support with retraining offer

APM Terminals reached a deal with the longshore union at the Port of Los Angeles to retrain dock workers in repairing the automated cargo handling equipment that will take their […]

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FreightWaves Staff

Declared undervalue on commercial vehicles triggers huge cash demands from Customs authorities

Declaring an undervalue on imported watercraft has triggered demands for millions of dollars in duty from the authorities. Experts say customs authorities will, in future, only become more efficient… and aggressive.

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18 July
FreightWaves Staff

Another truckload carrier announces earnings warning

Add Covenant Transportation Group (NASDAQ: CVTI) to the group of truckload carriers that won’t be able to meet analyst expectations for the second quarter of 2019.

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FreightWaves Staff

Fleets that don’t embrace technology might not live to tell the tale

Today’s fleets contend with the Amazon effect on logistics, have to keep up customer satisfaction levels, minimize operational costs and also attract and retain drivers. Technology could help make these challenges easier.

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FreightWaves Staff

Commentary: Controlling the impact of technicians on the total cost of ownership

The importance of technicians and the cost of technicians as part of the total cost of ownership is covered in this article by Gerry Mead.

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FreightWaves Staff

Today’s Pickup: Massive decline in foreign residential real estate investment in the U.S.

Global economic slowdown has led to massive decrease in foreign real estate investment; ecommerce continues rapid growth; global auto industry slowdown might see drop in OEM earnings.

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FreightWaves Staff

Boeing 737 MAX grounding continues – the latest on air cargo impacts

Four months into the MAX grounding and several more to go, what’s the latest on the air cargo impact?

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FreightWaves Staff

South Carolina ports tapping rail and inland hubs more in 2019

The South Carolina Port Authority (SCPA) said ocean container moves were up 9 percent in its fiscal year, setting a volume record for the port.  The Port of Charleston’s two […]

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FreightWaves Staff

Port Report: Future of tanker shipping murkier than ever

The oil tanker industry is nearly 130 years old, having first been developed in 1890 by the founder of Shell. Now the industry may be entering its twilight if, and […]

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FreightWaves Staff

Brain-damage causing trucker narrowly escapes more severe criminal sentence

A truck driver who was convicted and sentenced for dangerously driving his truck in a way that caused grievous bodily harm and severe brain damage to a young woman has escaped a much more severe sentence owing to bureaucratic failings.

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FreightWaves Staff

Marine container terminal operator threatens longshoremen with mass redundancies

A simmering industrial dispute in Australia burst into fire this morning when maritime box terminal operator DP World Australia used local media to threaten longshoremen with job losses. Strikes confirmed at Sydney, Fremantle and Brisbane.

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17 July
FreightWaves Staff

DHL aims to provide accurate delivery time forecasts for customers

DHL is planning to provide customers with exact delivery times through email and then follow up with another alert 15 minutes before the package reaches a customer’s doorstep.

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FreightWaves Staff

Long Beach gets ‘Texas U-turn’

The tunnel “enables vehicles traveling on one side of a one-way frontage road to make a U-turn onto the opposite frontage road without stopping at a traffic signal.”

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FreightWaves Staff

Mexico eyes new Manzanillo terminals

The $1.2 billion expansion could nearly double capacity at the country’s busiest seaport.

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FreightWaves Staff

The U.K. mandates installation of electric vehicle charging points in new buildings

Electric vehicle charge points will now be installed in every newly constructed residential and non-residential building as part of a larger plan to expedite EV adoption in the U.K.

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FreightWaves Staff

Port Report: Mexico eyes new boxship terminal for Manzanillo

Mexico’s government wants to build a new marine terminal that could nearly double the annual volume of containers moving through the country’s busiest seaport. The Port of Manzanillo said the […]

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16 July
FreightWaves Staff

Contracting used truck market another sign of industry slowdown

The trucking industry’s technical recession is causing real-world impacts to the used truck market, where sales continue to fall and even sought-after low-mileage rigs are under pressure.

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FreightWaves Staff

Positive news for freight demand as retail and manufacturing advance

Economic data from the goods side of the economy continued to trend in a positive direction in June, as both retail sales and industrial production posted solid gains.

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FreightWaves Staff

Freightos looks to bring United Airlines air cargo service online

Freightos, the software as a service (SaaS) platform for the freight industry, is building an online pricing and booking platform for air cargo for one the biggest airlines in the […]

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FreightWaves Staff

Strikes and protests paint Amazon’s Prime Day sales in Europe

Amazon workers strike on the company’s mega-discount Prime Day, asking for fair treatment, higher pay and decent working conditions within warehouses.

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FreightWaves Staff

UPS’ Marken consolidates European presence by acquiring three companies

Marken has acquired three European companies based out of central and eastern Europe, to expand its geographic footprint in the pharma and life science logistics segments.

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FreightWaves Staff

Port Report: Strikes intensify as Australia braces for more longshoreman unrest

Waterfront tensions are increasing as the Maritime Union of Australia declares more wharfside strikes around the country.

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15 July
FreightWaves Staff

Commentary: Does the GDP matter? Part trois

Donald Broughton’s third article about the impact of the gross domestic product and how it can be useful for business intelligence and forecasting is a must-read.

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FreightWaves Staff

Port report: Support for blockchain platform

Shipping lines and ports operators have committed to help establish the Global Shipping Business Network.

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FreightWaves Staff

Brexit looks to be an itch the U.K. cannot scratch

The U.K. is on the threshold of becoming independent from the EU, but it does not seem to have answers to the trade and logistics nightmare that would follow post-Brexit.

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FreightWaves Staff

Barry still flooding parts of South

The Port of New Orleans has reopened, although the remnants of Hurricane Barry are producing drenching rains.

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FreightWaves Staff

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

Did you know that logistics accounts for 9% of the global gross domestic product (GDP)? It’s one of the largest and most productive industries in the world. But, the competition is fierce and outdated systems and manual processes can hinder business growth. Thankfully, there’s an emerging technology – robotic process automation (RPA) – that can automate repetitive, manual tasks and free up workers for more strategic work. Read this eBook to learn how RPA boosts efficiency and productivity while helping you improve customer satisfaction.

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FreightWaves Staff

Port Report: Shipping lines, ports pledge support to blockchain group

Four of the largest shipping lines and five ports operators committed to support a blockchain development platform for the shipping industry. Hong Kong-based CargoSmart said the agreement with CMA CGM, […]

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FreightWaves Staff

Article: How Logistics Technology is Helping Small Carriers and Brokers Compete

Technology is allowing the small carriers that make up the vast majority of the trucking industry to become a more integral part of the supply chain. Read more

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FreightWaves Staff

Commentary: Expansion of the Panama Canal benefits global trade

Ben Thrower recently visited the Panama Canal. He writes about the canal’s expansion and what that means to global trade and the maritime industry.

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14 July
FreightWaves Staff

Blockchain can leverage transparency to make supply chains more consumer-centric

There is an abundance of data coming out of food supply chains, and it is important for stakeholders to verify and validate these data points and leverage blockchain to functionally push supply chains forward.

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12 July
FreightWaves Staff

DOWN UNDER TRUCKING: locals shoot down drones

It can be a rough business doing freight and logistics in Australia. And now, in the Australian capital city of Canberra, it looks like the last-mile drone delivery business has gotten a fair bit more… dangerous!

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FreightWaves Staff

ACT Research says trucking sector is in a recession

After months of suggesting a pullback was possible, ACT President Kenny Vieth told FreightWaves on Thursday, July 11 that all metrics his firm tracks meet the technical definition of a recession – two consecutive quarters of negative growth.

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FreightWaves Staff

Trucking rates gain, but continue to face headwinds

Producer price data shows that trucking rates made some gains in June, but much of this was likely driven by seasonality

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FreightWaves Staff

The true impact of digitization and automation on supply chains

Supply chains are embracing cutting-edge technology, in an attempt to reduce costs and increase efficiency. However, it is critical to understand which technologies to invest in to stay away from tilting the delicate balance of value chains.

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FreightWaves Staff

Commentary: Vessel forfeiture

Issues for carriers involved in U.S. drug trafficking or other criminal investigations outlined.

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FreightWaves Staff

OneLedger is latest Blockchain in Transport Alliance member

OneLedger has joined the Blockchain in Transport Alliance (BiTA). Read about BiTA’s latest member and its reasons for joining.

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FreightWaves Staff

APMT again wins LA automation project OK

Largest marine terminal in North America gets another vote of approval for new cargo-handling equipment at Pier 400.

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FreightWaves Staff

Shippers seeking transload options for containerized imports

This article brought to you courtesy of NEXT Trucking Transloading services are becoming an increasingly popular option for international shippers looking to beat the cost of carrier haulage by an […]

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FreightWaves Staff

Union Pacific’s intermodal service took hit during second quarter

Union Pacific’s (NYSE: UNP) intermodal rail service saw average speeds sink to a two-year low in the second quarter, with shippers and intermodal marketing companies reporting extensive delays in getting […]

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FreightWaves Staff

Panama Canal Authority suspends latest draft restrictions on ships

A suspension “until further notice” of the latest round of draft restrictions on ships using the Panama Canal was issued yesterday by the Canal Authority. Dry conditions are likely to continue throughout July and may last to the end of the year.

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FreightWaves Staff

Port Report: State government sticks with decision to cripple the Port of Newcastle

An end to growth-stopping financial penalties on the Port of Newcastle is definitely not on the agenda after the NSW state government re-committed to its existing policy to keep the port in a crippled state.

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11 July
FreightWaves Staff

APM wins, yet again, approval on Pier 400 automation project

Maersk, for the second time, was granted a permit by the Port of Los Angeles that would allow its APM Terminals subsidiary to install infrastructure for electrified, automated container handling […]

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FreightWaves Staff

TCA announces support for speed limiter legislation

The bill would require new trucks weighing over 26,000 pounds to be equipped with speed limiters set at a maximum speed of 65 mph. Existing trucks already equipped with the technology would be required to set the devices at 65 mph as well.

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FreightWaves Staff

Building a culture where trucking fleets consciously address driver plight

Truck driving is one of the most stressful jobs in the economy, and it is vital for trucking fleets to address the issues drivers face and empower them to stay healthier – both physically and mentally.

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FreightWaves Staff

Today’s Pickup: A once $1 trillion dollar oil company is now valued 80 percent lower

PetroChina now trades 82 percent lower than its historical high; Uber and Lyft drivers will no longer be contractors but employees; Waymo has clocked 10 billion miles in simulated driving.

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FreightWaves Staff

Port Report: Mideast flares again as U.K. thwarts Iranian ship seizure

A British warship escorted a tanker through the Mideast Gulf yesterday after Iranian naval forces threatened to seize it, the latest incident rattling one of the busiest maritime trade lanes.  […]

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FreightWaves Staff

UK thwarts Iranian seizure of tanker

Latest incident comes after U.K. arrests ship carrying Iranian crude oil.

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FreightWaves Staff

Loadsmart and Oracle collaborate to digitize logistics (with video)

Loadsmart, a digital freight brokerage, today announced a collaboration to provide Oracle Logistics Cloud customers instantly bookable truckload rates and guaranteed capacity from its network of carriers directly in Oracle […]

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