Business

Celadon entered into the seventeenth amendment of its credit facility to provide the company with liquidity through June 28, 2019.

Every corner of the ocean shipping world is completely distinct from the others. What fuels the tanker business is almost entirely different than what steers dry bulkers or container ships. […]

Advanced Training Systems CEO John Kearney says technology-enhanced driver training plays a key role in the nation’s effort to protect the supply chain.

DDC FPO launched a free online tool to help transportation and logistics professionals calculate how much of their operational costs are going toward in-house bill of lading (BOL) processing.

The funds will be used to accelerate the company’s efforts to improve fuel efficiency in the trucking industry.

The TIA says that a Roush’s negative description of the role freight brokers play in freight transportation, his broad-brush statements about safety, and small carriers are ludicrous.

‘Qualitative’ retaliation could take the form of increased inspections, difficulty in getting licenses, and delays and investigations for environmental compliance.

DrayNow, the first real-time marketplace connecting intermodal freight with carriers, has joined the Blockchain in Transport Alliance (BiTA). BiTA is developing best practices and standards for blockchain in the transportation […]

Oversize helps brokers and fleets save time that is needlessly spent navigating the complex regulatory landscape of carrying overdimensional cargo.

Market expert Brian Aoaeh writes about the impact of severe weather on supply chains, and tools to help companies and organizations modify those supply chains when disaster strikes.

Analyst at Drewry believes the decision by CMA CGM and MSC to join the IBM-Maersk digital shipping platform is a significant event.

Daimler Trucks is betting big on autonomous trucks, as the German-based company announced Wednesday, May 29, that it is establishing a global group that seeks to put highly automated commercial trucks on U.S. highways within the next 10 years.

With COAC’s help, U.S. Customs and Border Protection seeks to devise an online strategy to better target illicit exports before they can leave the country.

Mexico is benefiting from the CPTPP accord and booming beverage business, but its auto industry is slowing down and it’s dealing with trucking delays at the U.S. border.

The share repurchase in its entirety represents a little more than 7.5 percent of the company’s outstanding common shares.

Hackers also recently attempted to disrupt vessel computer systems.

Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) today announced they will join TradeLens, a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller – Maersk and IBM.

An investment in a 50-foot berth enabled the 14,424-TEU Evergreen Triton to pay a visit to Maryland.

DHL, FedEx and UPS have dominated the global express market for years but recently, China’s express providers (including YTO Express, STO Express and SF Express) have been nipping at the […]

Market expert Jim Blaze dissects the recent Surface Transportation Board hearings on demurrage and accessorial charges. Read his observations on the relationships between the railroads and their shipper customers…

Investigators found calcium hypochlorite in 13 containers and chlorinated paraffin wax in an additional five.

Two containerships are launched for weekly service calling New York, El Salvador, Guatemala, Honduras and Nicaragua.

The AB has four vacancies, with two current members on the seven-position panel expected to depart in December, which would render it inoperative.

New BIS licensing designation puts Maduro regime among those countries of U.S. national security concern, such as China, Iran, North Korea, Cuba and Syria.

Mothership uses historical driver data and machine learning to “intelligently dispatch” trucks working the last mile freight market.

The highly anticipated truckload capacity crisis and the ensuing truckload rate party lasted from late 2017 through late 2018. Beginning in early 2019 – surprise – the rate party was over. It feels like carriers have quickly gone from the best party since deregulation in 1980 to potentially the biggest hangover ever!

Fiat Chrysler submitted a proposal for a merger with French automaker Renault to create a preeminent global automotive group.

The number of connected vehicles has soared and will continue to grow in the years to come. Learn how cars and light trucks will be the next digital tool.

A report indicates that the EU is slow to adopt alternate truck fuels. Indian logistics startups are flourishing. Chinese logistics firms that help Chinese businesses relocate are winners in the US-China trade war.

Port authority’s long-term goal is to become the East Coast port leader for railed containers to the Midwest.

Transport ministers from 60 countries met at Leipzig to discuss strategies and the implication of global carbon emissions.

Democrats boost maritime programs over Trump’s budget

Aurora Innovation plans to buy Montana-based Blackmore, a company that develops light detection and ranging radar (lidar) technology for self-driving vehicles. The acquisition comes several months after Aurora’s $530 million […]

Awards also given for safety practices and to Circular IQ, Dayton Freight, Duluth-Superior, Manhattan CFO, Nola, Old Dominion, Pacesetter ports and Worldwide.

In an industry where new technology solutions seem to be emerging on a near daily basis, the way brokers evaluate products and choose partners is changing.

Manufacturers’ new orders for durable goods declined in April, and details suggest more trouble ahead for freight demand in the economy

The Chinese Belt and Road Initiative aims to create seamless freight movement between Europe and Asia, but the sustainability aspect of the project is still unclear.

Last week the widely reported headline was “Housing Starts Climb Almost 6 Percent in April” yet many in the transportation marketplace openly questioned how that was possible. Whether it is […]

The first three are set to be delivered in mid-June with subsequent deliveries in August and October.

The most recent and announced potential future duties will reduce global GDP, the intergovernmental group stated in a report released Thursday.

On this special Memorial Day weekend edition of What The Truck?!? we have all the latest news in FreightTech, supply chain, and trucking – including a focus on Craig Fuller’s state of the industry report, Earnings Over/Under, On The Radar, Fast Paced Forecast, and some hot tips on how to spend your holiday weekend. All this and more on WTT?!? Subscribe now on Apple Podcasts, Spotify, Stitcher, or your favorite podcast player choice and never EVER miss an episode. No paywalls, no borders.

Improved vessel utilisation is the key to maintaining profitability in what is expected to be a challenging market according to Soren Skou, Chief Executive Officer of Maersk (Nasdaq OMX: MAER). […]

China’s ports have handled just under 4.3 billion tons of cargo between January to April. The country’s main seaports have also handled 82.3 million TEU.

The highway and viaduct that now shoots truckers and others straight through the heart of Syracuse on interstate 81 might be no more under a plan making its way through […]

The congressional watchdog agency said the trade financing bank should use GSA’s system as a tool to identify applicants with delinquent federal debt indicators.

The five technologies identified by the Wassenaar Arrangement members were added to Commerce’s export control list based on their threat to national security.

The Justice Department said Edison, N.J. resident Gene Shilman now faces up to five years in jail for violating the Arms Export Control Act.

A looming workforce supply gap in the freight forwarding sector has caused the industry to reach out to over one million high school students.

As rate pressure eases, conditions for shippers continue to improve.

President Trump said he told House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer to “get these phony investigations over with.”

U.S. Department of Transportation agencies are looking at addressing such areas as CDL endorsements, hours of service rules and roadside inspections.

Tracy Rosser tapped for executive vice president post at transportation management services provider after helping oversee big-box retailer’s transport and supply chain operations.

The Teekay companies continue to concentrate their focus on oil and LNG shipping.

Trucks without mirrors are entering the testing phase, but they could soon become a reality.

Subcommittee Chairman Earl Blumenauer, D-Ore., says the agreement won’t be “jammed through” his panel or the House Ways and Means Committee.

The subcommittee favorably reported to the full Appropriations Committee its fiscal year 2020 funding bill, which includes $1.1 billion for the Maritime Administration.

Secretary Chao spoke on the need for addressing legitimate public concerns on safety, security and privacy in futuristic transport technology, without hampering innovation.

As a major owner of Capesize bulkers, Golden Ocean is heavily exposed to events in Brazil.

John Larkin, arguably the father of all transport analysts and recently an investment banker, is leaving banking to join a small private equity firm

FMCSA will look to avoid separate rules while addressing new technologies

President walks out abruptly following cover-up allegations

The three stocks get an upgrade not just on Cowen’s optimistic view of the market, but by how much their prices have been hit.

FreightWaves CEO Craig Fuller assesses current conditions impacting trucking and outlines what is ahead for the industry.

Helping shape the future of Arctic shipping is a pillar of the Alaska Maritime Prevention and Response Network’s mission.

“We do see visibility as the key opportunity to mitigate risk and avoid unnecessary costs and charges that can come into play.”

U.S. President Donald Trump is pushing ahead on the successor of NAFTA following the end of tariffs on Canadian and Mexican metals.

The president sent his letter to Pelosi and Schumer one day before he was scheduled to meet with Congressional Democrats for a second round of infrastructure discussions.

Market expert Cathy Roberson looks at how Amazon is using partners in both the U.S. and Europe to expand its operations in both regions.

Market expert Jim Blaze explains the economics behind railcars. He also provides information about the various types of railcars and what market conditions the railroads are facing as they seek to “right-size” their fleets.

Market expert Brian Aoaeh writes about the world’s problems with trash and garbage – and what must be done before it overwhelms humanity.

The Saudi customs has successfully piloted its first shipment through TradeLens, a blockchain-based platform developed collaboratively by Maersk and IBM.

South Korean ocean carrier HMM may have a shiny new corporate identity but its first quarter results were written in the same dreadful red ink as last year. Although the ocean carrier generated large increases in revenues, its costs surged, which led to large losses in the first three months of 2019.

Big Sky Scientific is seeking the return of $1 million hemp stash confiscated by the Idaho State Police.

Market expert Scott Case writes about the air cargo operations at Alaska Airlines, which not only serves Alaska, but the entire U.S. market.

Golar LNG Ltd is spinning off a new public entity. Flex LNG is coming too. Shipping’s US-listed field is getting even more crowded.

As the logistics industry continues to plow millions of dollars into digital freight matching
(DFM) technology that pairs shippers and carriers, there is a clear difference of
approach between third-party logistics providers (3PLs) that seek to minimize the “human element” and those that embrace the combination of automation technology and teams of skilled logistics professionals.

Fullbay has created a heavy-duty shop management software that helps shop owners create instant invoices, attract technicians, and truly satisfy customers.

Saudi Arabia Customs successfully transported a container to the Port of Rotterdam using blockchain for the packing list and commercial documents.

Zipline operates autonomous drones across remote areas that are hard to reach by road, airlifting medicines during emergencies.

Kansas Republican Jerry Moran says tariffs threaten long-term damage to U.S. agriculture.

“It’s time for the Congress to do their job,” the vice president said during a speech in Florida on Monday.

Commerce’s temporary license will allow U.S. exporters who meet certain conditions to continue conducting business with Huawei and overseas affiliates on the Entity List.

Chinese shipping giant Cosco (HKEX: 1919) was last weekend given, for free, 45 percent of the equity of ports and shipping operator, Hainan Shipping Holding. Cosco’s not just getting a […]

Today on WTT we take a deep dive into the Idaho Hemp Trucker fiasco with journalist, Linda Baker, CEO Jacob Findlay has some huge news concerning FullBay, McLeod announces two new products, plus all the latest headlines, Big Deal, Little Deal, and the very first Comment Section Rodeo!

All this and more now on WTT?!?

Autonomous trucks will haul postal agency trailers between distribution centers in Phoenix, Arizona and Dallas, Texas.

US Supreme Court denies petition by UPS to review US Postal Service’s accounting cost structure

Ford to lay off 7,000 as part of major restructuring

The state of Georgia plans a $35 million sale of bonds to upgrade its rail network, a move that could help boost volumes for Genesee & Wyoming (NYSE: GWR) and […]

Commentary: Commerce and BIS put numerous American companies at risk of export control violations by fumbling enforcement date of Huawei additions to Entity List.

For years, shippers have tapped spare capacity of railcars and tracks as a low-cost option for storing and staging bulk commodities. But the widespread adoption of the business model known […]

Freight matching startup SmartHop has built a technology platform that helps truckers plan, search and book their loads in a fraction of the time it takes to sift through traditional load boards.

Brenda Smith, Customs and Border Protection’s Office of Trade executive assistant commissioner, said her agency will develop modernization projects that will result in pilots.

Pioneer is the parent company of 17 short-line common carrier railroad operations, an equipment leasing company, two service firms and a contract services switching company.

Consumers are increasingly purchasing furniture and other large, bulky items online, forcing last-mile delivery providers to adapt.

As some technology companies scale back or eliminate their self-driving programs, Starsky Robotics is pushing forward with its autonomous truck technology.

A more flexible shipping loan concept is good for borrowers and their clients, but may have limited scope.

Amazon.com is the lead partner in a $575 million Series G funding round for UK food delivery firm Deliver

Market expert Charley Dehoney explores how freight brokers can stay relevant in a rapidly changing environment.

Sub: Removal of levies on aluminum and steel end costly trade dispute – but both nations reserve right to resume them in response to dumping.

Awards also go to Kuebix, J.B. Hunt, Long Beach community groups, port champions, Sovcomflot, Synergy Group, Thordon Bearings and Worldwide.