CIMC Vehicles, the world’s largest maker of specialty truck bodies and trailers as measured by sales volumes, increasingly appears to be heading for an initial public offering (IPO) on the Hong Kong Stock Exchange.

Intermodal giant sees rail and truck as better than option than truckload into

The employee here requested intermittent leave under the Family and Medical Leave Act (FMLA) but was instead forced to go out on continuous leave.

President Trump on Twitter Monday questioned whether the U.S. should continue protecting non-U.S. ships in or near the Strait of Hormuz.

The African Continental Free Trade Area (AfCFTA) will boost trade between African partner states by removing tariffs. This helps the U.S. improve trade relations as it takes out the need to draft separate trade agreements with individual African states.

Maersk rolled out a fully online service for customers to book space on a container ship.   The new offering, Maersk Spot, provides customers a port-to-port cargo loading guaranteed at a […]

Daimler AG (OTCPK: DDAIF) announced a “high-three digit million” hit to second quarter 2019 earnings related to ongoing expenses to remedy its diesel emissions woes.

Respondents to the quarterly Manufacturers’ Outlook Survey listed attracting and retaining workers and trade uncertainties as their two biggest challenges.

Cargo theft is a problem that has remained constant within the freight industry for many decades. Technology can now help supply chains protect their operations and repel hijackers.

Poseidon Principles require banks to disclose the climate alignment of their shipping portfolios with IMO’s target of 50% reduction of GHG emissions by 2050.

Container shipping faces weak summer demand as trade related uncertainties keep pressure on freight rates. The Freightos Baltic Global Container Index (SONAR: FBX.GLBL) ended June 21 at $1,307 per forty-foot […]

Yang Ming said the new service is to cope with the “relocation and adjustment of cargo flow and supply chains” amid “rising global trade tensions.”

Trucking Company Failures:SONAR users will now have access to trucking company failures. This data is calculated quarterly by Donald Broughton originating from creditors reporting bad debt expenses (defaults) related to […]

Smoking crystal meth directly led to a fatal crash that killed two truckers; meanwhile, dead kangaroos, speeding, and dodgy crane operators feature in two labor-law hearings in Australia

Carriers, by a two-to-one margin, are more apt to view this development as ‘very negative’ than freight brokers.

Automotive industry supply chain expert Surgere has joined the Blockchain in Transport Alliance (BiTA). Read more about Surgere and BiTA.

Six crew members have been arrested on federal charges and face possible life sentences after about 17.5 tons of cocaine were found on the ship in Philadelphia.

Market expert Donald Broughton explains how the U.S. gross domestic product can be a valuable tool by trucking companies (and others).

The Harbor Maintenance Tax is a disincentive for short sea shipping because it is imposed at both the port of entry and secondary port, a House subcommittee was told.

Following a second large drug bust aboard its box-ships this year, international ocean container shipping line Mediterranean Shipping Company has had its Customs Trade Partnership Against Terrorism (C-TPAT) certificate suspended […]

Maersk (Nasdaq OMX: MAER) will find out how much customers are willing to spend on its ambitious environmental agenda with a carbon-neutral container service. The world’s biggest shipping line is […]

Shanghai Stock Exchange-listed China Merchants Energy Shipping (SSE:601872) is engaging in a new private share placement of up to 4.1 billion Chinese Yuan to fund a fleet renewal program.

Japanese company Inpex (TSE: 16050) has today announced that it has filed a revised plan of development for the US$18-$20 billion Abadi Liquefied Natural Gas Project. The revised plan is […]

The Cass Freight Index Report showed further deceleration in the freight markets in May. Donald Broughton, Founder and Managing Partner of Broughton Capital and author of the report, warns an economic contraction could be underway.

Blockchain technology can disrupt the transportation industry by bringing in digitization, trust and transparency to the market. But this will not be possible without a clear set of common and open standards.

The Los Angeles Board of Harbor Commissioners narrowly approved a permit that would allow Maersk’s (Nasdaq OMX: MAER) terminals subsidiary to automate container moves at the largest marine terminal on […]

In a future where autonomous vehicles offer mobility-as-a-service, it is critical to identify the parties involved in transactions – the users and the vehicles. Blockchain can help in this regard.

One lease extends the auto processor’s current lease at Blount Island Terminal, while the other provides 22.4 new acres of property at the Dames Point Marine Terminal.

Acknowledging the widespread issue of distracted driving is the first step to change. Technology can be used to monitor real-time driving behavior, with those insights leveraged to improve driver behavior.

Getting trucking right is particularly important for a company like General Mills (NYSE: GIS), which has faced so much cost pressure from this aspect of its supply chain in the […]

The Senate Commerce Committee pressed witnesses on a variety of issues Wednesday during a hearing about surface transportation reauthorization.

The United States has been ranked number 43 in the official list that ranks the quality of shipping, owing to the less-than-optimal performance of U.S. flagged ships in overseas ports. The U.S. ranks right behind Saudi Arabia and just ahead of Libya on the Grey List, which is a ranking of less-than-the-best flag states.

The Port Authority of New York and New Jersey said this week that it is ready to be the second largest port in the U.S., thanks to the completion of […]

Truck-borne freight is the most popular target for thieves, according to a new global study by cargo insurer TT Club and supply chain consultant BSI. Trucks and truckers face a variety of threats including firearm-bearing kidnappers and fake ‘police.’

Carrier and logistics firm NFI was named in a report highlighting deficiencies in a New Jersey tax incentive program aimed at keeping businesses in the state. Camden-based NFI was one […]

The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.

Passage of USMCA in the United States must happen this year or wait for implementation in 2021.

Retail giant Carrefour is leveraging blockchain to track the provenance of the food products it stocks in its stores, thereby providing its consumers information that far exceeds the data provided on conventional product packaging.

The ABC’s of the freight and shipping world.

“The time to act is now,” reads a letter sent to the president and congressional leaders by the U.S. Chamber of Commerce and more than 40 business and labor groups.

Historic flooding in the Midwest and poor demand from electric utilities are stranding coal hoppers west of the Mississippi, pushing up prices for storing railcars. The American Association of Railroads […]

The Port of Philadelphia is the scene of a major cocaine bust, the second one involving a container ship operated by Mediterranean Shipping Company. U.S. Customs and Border Protection and […]

As the second quarter 2019 earnings season approaches, the negative data and commentary centered on the lack of a seasonal increase in demand is forcing analysts to meaningfully lower earnings estimates and their outlook for the sector. 

A shipyard in Port Arthur, Texas, received the most funding among the 28 shipyards with $1.36 million.

The 23rd commandant of the Coast Guard said multilateral agreements and regional constructs have brought stability to other areas that have suffered from criminal activity.

Banks set carbon emissions standards for lending limits; oil production in the Permian basin booms; distracted driving problem is larger than previously thought.

The inclusion of ship-to-shore gantry cranes in the fourth tranche of Chinese tariffs would increase the costs by millions, AAPA President and CEO Nagle said.

Lakefront Futures & Options will be marketing Trucking Freight Futures through its new Trucking Derivatives Group. Read the article and learn more about Trucking Freight Futures and Lakefront Futures & Options.

Electric vehicle adoption is constricted by high vehicle sticker price, long charging cycles and limited range. Solving these issues is key.

A study projects the state’s seaports to increase cargo tonnage by more than 32 million tons in the next five years to 142.4 million tons in fiscal year 2022-23.

Major global banks aim to push ocean freight to a green future, with a plan to use decarbonization metrics in making lending decisions. The banks have agreed to follow a […]

It was a poorly-received IPO for CSSC Shipping. Institutional and retail take up was weak and its share price plummeted from the offer price.

Economic data from the goods side of the economy showed some signs of life in May, as growth in retail sales and industrial production exceeded expectations during the month. This is an encouraging sign that activity may be stabilizing in the second quarter, though details in manufacturing point to some struggles.

McCarter & English, a 400-attorney firm with a national client base and a thriving supply chain and logistics practice, has joined Blockchain in Transport Alliance (BiTA), the largest commercial blockchain […]

The U.K. reportedly will send 100 Royal Marines and the U.S. will “guarantee freedom of navigation throughout the strait,” Secretary of State Mike Pompeo said.

Shippers in the maritime market can choose between a carrier-owned container or a shipper-owned container, with each business model holding certain advantages over the other based on availability and the freight corridor in question.

One of Asia’s largest shipbuilders will help develop “digital twins” for ocean vessels, part of an effort to provide better monitoring and performance analytics around ocean shipping. South Korea’s Daewoo […]

Notorious bridge claims victim; freight road upgrades; truck company director fined after trucker deaths; horror crashes in good driving conditions continue; drayage gets an over-mass exemption.

Witnesses offered the House Highway and Transit differing views on a wide array of trucking priorities as Congress faces reauthorization of surface transportation legislation.

Retail and industrial activity improved, providing some stability for freight Economic data from the goods side of the economy showed some signs of life in May, as growth in retail […]

ndian startup Locus is helping logistics businesses automate truck routing to increase efficiency and consistency, while having more transparency into their operations.

Donald Broughton explains the harm that tariffs can do to the economies of the United States, the country(ies) that tariffs are imposed on and the global economy.

U.S. officials say video shows an unexploded limpet mine being removed from the Kokuka Courageous, but the president of the ship’s operator said the crew reported the vessel was hit […]

Armstrong & Associates has been calculating these Global Third-Party Logistics (3PL) Market estimates for over a decade.

Iran has denied responsibility for the attacks carried out early yesterday morning on two tankers in the Gulf of Oman, the sea immediately adjacent to the Strait of Hormuz. A spokesman for the Iranian Foreign Ministry slammed the U.S. accusations as “baseless”. Maritime security experts say commercial ships are impossible to defend.

Apart from creating visibility and transparency within coffee supply chains, blockchain can significantly improve livelihoods of coffee farmers by giving them a bigger share of the profit pie.

The letter, organized by Tariffs Hurt the Heartland, said additional tariffs would result in the loss of 2 million American jobs and reduce the value of the GDP by 1%.

Working with over 100 outside carriers and brokers, Walmart (NYSE: WMT) is likely to be a shipper of choice for many already. But even one of the U.S. freight industry’s […]

The scale and growth of China’s domestic over-the-road trucking and international ocean container shipping trade has been revealed in new data from the country’s Ministry of Transport.

The multistep requirements for initial applications and renewals have been simplified by the Ministry of Transport.

The Norwegian-owned Front Altair was “suspected of being hit by a torpedo” and the Japanese-owned Kukako Courageous was struck “with some sort of shell.”

Spot truckload freight volumes failed to meet expectations in May, said DAT Solutions, which operates the largest truckload freight marketplace in North America.

In partnership with Reliance Partners…Data analytics has been disrupting the way the freight industry works and the insurance sector will not be left behind.

Two people were arrested by federal authorities after more than $1 billion worth of cocaine was found Monday in containers aboard the MSC Gayane.

Uber is venturing into the financial services market for its drivers; oil prices jump after tankers come under attack; Saudi’s Aramco all set to publish its H1 ’19 earnings.

The Port Infrastructure Development Program makes $200 million available for all coastal seaports and an additional $92.7 million for the top 15.

Washington’s container ports are looking to incent marine terminals to open at off-peak hours for trucks in preparation for the peak shipping season. The move underscores how U.S. ports are […]

The blast occurred Tuesday in the engine room of the M/V VF Tanker-16 and caused three other crew members to go to the hospital, Volga Shipping Company said.

North Dakota has no restricted air spaces, a favorable climate for testing drones, and a government that is keen on growing its UAS industry.

Scale and critical mass matter to transshipment hubs, but location and inland connectivity are more important to gateway terminals, said Drewry’s Neil Davidson.

Factom Protocol is the newest member of the Blockchain in Transport Alliance (BiTA). Read more about this company and its products, as well about BiTA.

The ship left Malaysia’s Port of Tanjung Pelepas on June 1 with 19,284 TEUs onboard, surpassing the total of 19,190 TEUs loaded on the MOL Tribute in February.

The 8,469-TEU CMA CGM Dalila arrived Wednesday as part of the carrier’s Pacific Express 3 service.

Supply chains are forced to contend with risks involving border skirmishes, trade wars and embargoes, with even climate change having a bearing on its fortunes.

The Port of Los Angeles saw May container volumes grow at their best year-to-date level since January, even as empty containers still account for most of the growth. To keep […]

A major developer of, and financial investor in, Asia Pacific logistics parks has launched a potential US$1.24 billion initial public offer on the Hong Kong stock exchange.

The employee alleged that his direct supervisor, who was a married man, required him to “organize rendezvous and dalliances with female companions,” go to strip clubs, search for women on the internet, and meet with escorts while on business trips.

Nicholas Press, Founder and President of CEC Systems, explores the maritime industry’s problem with empty containers and explores potential solutions to deal with them.

The agreement — also signed by Russian Direct Investment Fund, Rosatom and Norilsk Nickel — outlines a study of the commercial options for the use of the NSR.

Industry detail from the Producer Price Index showed rates in trucking increased modestly, though long-distance truckload rates continued to decline.

Financial burdens from the IMO’s 2020 sulfur cap, a projected slowdown in trade growth and the looming threat of overcapacity could bump out some carriers.

The exact cause is still unknown, but initial reports found the schooner turned in front of the Astrosprinter in the Elbe River, according to a German radio station.

AllianceTexas will now have a mobility innovation zone for companies to test their futuristic transportation technology before commercial deployment.

Hubtek has joined the Blockchain in Transport Alliance (BiTA). Read about this new company and why it joined the Alliance.

Autonomous shipping is slowly gaining greater attention in the maritime industry, prompting more industry players to figure out where they will fit in what may be the future of ocean […]