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.
Market expert Cathy Roberson writes about issues that are impacting the air freight market.
Einride has introduced a Level 4 autonomous electric truck that will transport cargo between a warehouse and a terminal in DB Schenker’s facility.
The agreement doesn’t involve quotas, and the tariffs will be gone in 48 hours, according to reports.
The federal government also should partner to help with freight transportation, Rep. Lowenthal said Friday during the Congressional PORTS Caucus briefing.
Truckers, fleet managers, and brokers face any number of regulatory tasks, load optimization and business decisions every single day. Add to that the decision on which technology, software or service […]
Donald Broughton explores the technology economy and its impact on the overall economy.
Plus: Logistics execs and blockchain; Lilium air takes off; redesigning cities for scooters.
President Trump directed U.S. Trade Representative Robert Lighthizer to lead talks as the administration seeks to mitigate the “threatened impairment of national security.”
Several containers of fireworks entered the country through the Port of Savannah.
In an ever-increasingly connected world, the ability of systems to speak to each other is critical. Fleet Complete’s CONNVEX solution is an example of an underlying system that helps that communication, including critically, between commercial vehicles and providers.
project44 has introduced two new applications that are automating shipment tracking and bringing visibility into siloed operations.
What The Truck?!? is sending you into the weekend with all of the latest headlines and top stories from FreightWaves.com, as well as Earning Over / Under, On The Radar presented by SONAR, Fast Paced Forecast, and so much more. Let’s bang a little cowbell for the weekend and celebrate the launch of WTT?!?’s expansion to two episodes a week!
Subscribe now on Apple Podcasts, Spotify, Stitcher, or your favorite pod player of choice.
To book a free a SONAR demo visit FreightWaves.com/SONAR
Chinese telecom’s purchases of U.S.-made semiconductor components will come under closer scrutiny during BIS export license approvals.
Speakers during an American Shipper webinar talked about how software solutions could help importers and exporters navigate sanctions, tariffs and security filings.
The U.S. Department of Agriculture estimates that this expanded access could increase U.S. beef and beef product exports to Japan by as much as $200 million a year.
The country was removed from the United States’ unilateral trade preferences program, and tariffs on steel from Turkey were lowered from 50% to 25%.
As ocean carriers bring in ever-larger container ships to the U.S., the Port of New York and New Jersey says it is ready to handle them. Last week, the YM […]
Trucking warns supply chain may still require Inventory buffers.
BW LPG, an ocean carrier of crude oil, gas, chemicals, and products of oil, has reported a first quarter 2019 net loss after tax of US$23.5 million. It’s a loss that’s about three times greater than the US$8.4 million loss recorded in the first quarter of 2018.
Chill winds from the Chinese economy have caused Australian freight forwarder Wiseway to downgrade its anticipated China/Australia freight volumes and earnings.
The investment company Caisse de dépot et placement du Québec reportedly is a partner in the Canadian deal and also is taking a piece of DP World’s investments in Chile.
Accidents due to distracted driving is on the rise, and it critical to utilize technology to curb the numbers.
A Senate committee on Wednesday approved the Maritime Administration Authorization and Enhancement Act, legislation introduced by Rep. Roger Wicker on Tuesday.
A recap of Transparency 2019!
Despite the controversies through the years, DryShips has proven to be a survivor – and has posted another quarterly profit.
The House Speaker said Tuesday during the Transportation Construction Coalition fly-in she is optimistic about a possible infrastructure package.
Credit rating agency says while traffic may fall, revenues are not likely to be affected in the medium term.
Customs brokers facilitating imports from Mexico into the U.S. have witnessed improved cargo processing by CBP at the southern border ports of entry.
The retail giant’s U.S. same-store sales were up 3.4 percent, its highest first-quarter results in nine years and fourth consecutive quarter over 3 percent.
While not named in the executive order, Huawei Technologies Co. Ltd. and its affiliates will be added to the Bureau of Industry and Security’s Entity List.
Making carriers more productive is good business for Arrive Logistics.
2020 U.S. presidential election could become major roadblock
The Cass Shipments Index came in negative for the fifth month in a row in April, sparking concern about potential economic contraction.
Cannabis presents an opportunity for transportation and logistics firms willing to navigate the chaos of an emerging market.
Cargo Chief provides freight brokers with a booking bot that gets carrier offers, counter-bids on loads and autonomously books load on consent.
Economic data from the goods side of the economy continued to underperform in April, as both retail sales and industrial production unexpectedly declined during the month
What The Truck?!? hits the road this week as Chad and Dooner make tracks towards Birmingham, Alabama to cover McLeod’s Transportation, Finance and Accounting Conference. The guys talk with McLeod’s CEO Tom McLeod, VP of Ops David Custred, CFO Kasey Burleson, Chief InfoSec Officer Ben Barnes, and Buddy Moore Trucking’s CFO Susan Moore Kirkpatrick.
April shipments were down 3.2 percent year-over-year, prompting Boughton to acknowledge “material and growing downside risk to the economic outlook” in the latest Cass Freight Index Report.
Rail market expert Jim Blaze discusses how FreightWaves SONAR can help determine how best to ship freight.
U.S. Xpress provides some color on the company and the freight environment.
Amazon has broken ground on its Kentucky air hub, which will bring 2,000 jobs and up to 100 planes to the area.
The legislation would establish the Freight Transportation Infrastructure Trust that would distribute the funds through a formula and competitive programs.
House Democrats are seeking beefed-up labor, environment, enforcement and pharmaceutical provisions in the trade agreement.
Since last year, multi-million and even billion-dollar investments in new mobility have become so commonplace we almost don’t notice them anymore.
The House Appropriations Committee’s FY2020 Energy and Water Development and Related Agencies funding bill also would increase HMTF projects by $147 million.
Haven is introducing a track and trace solution that is both affordable and seamless to integrate within shipping workflows.
Singapore-headquartered liquefied petroleum gas and petrochemicals ocean carrier, Epic Gas (OB:EPIC-ME) today announced minimal losses of US$300,000 in the first quarter of 2019. That’s an improvement of 89 percent, which represents a U$2.4 million uptick from the losses recorded in the first quarter of 2018.
Opus9 and FleetUp are offering Opus9 carriers access to a discounted ELD and the chance to become a Premium Carrier Partner with access to more freight.
NYSE-listed Diamond S Shipping brings an experienced management team back into the public arena.
Yang Ming Marine Transport (TSE: 2609) narrowed its first quarter 2019 loss thanks to higher volumes of container shipments. The Taiwanese liner operator reported first quarter revenue of $1.14 billion, […]
Weather can cause significant delays to freight. FourKites is trying to help solve that by adding real-time management to its products.
Operating cost savings at stake as company deals with IPO expectations
Two of the most-anticipated initial public offerings (IPOs) of the year have not gone exactly as planned, but what does that mean for other marketplace-style startups in the freight and […]
The maximum allowable beam for vessels transiting the Neopanamax locks was increased last year.
Beth Pride of BPE Global and Melissa Harrington of Descartes will discuss how companies can keep pace with customs compliance, tariffs, sanctions and more.
The Plug and Play tech center is opening a new supply chain and logistics accelerator program in Bentonville, Arkansas, the center announced on May 14. The program will bring startups […]
Danaos CEO does not believe trade dispute will cut box-ship ton-mile demand.
A consortium to improve the technology used in container shipping just got larger with the addition of several big names in the liner business. The Digital Container Shipping Association (DCSA) […]
Waterways Council Inc. President and CEO Mike Toohey says “the Corps of Engineers-maintained lock system would qualify for Social Security if there were such eligibility.”
FreightWaves market expert Jim Blaze looks at a regulatory spat between Canadian National Railway and Canadian Pacific Railway over the concept of “open access.” Learn why that is important to all railroads – and shippers!
Sen. Chuck Grassley said Americans “need to know” the Trump administration understands the economic pain they would feel in a prolonged trade war.
addvantage USA injects a specific amount of LPG in the engine air intake to increase fuel efficiency and reduce NOx emissions.
The countdown for bringing Chinese goods into the U.S. ahead of new import duties is now underway. But it’s unclear whether the sequel will match last year’s container crush due […]
Specialist liquid-gas ocean carrier Navigator Gas evidently had a faulty compass in the first quarter of 2019 as it reported a $3.3m loss. The company attributed its results to geopolitical issues along with a variety of one-off incidents around the world. Together they tended to cause an oversupply of ships and a softening of rates in its niche-sector.
While the degradation was seen across most sectors, the transport sectors saw large declines.
Carrier accused of overworking driver in no position to pay.
The acquisition will allow customers to operate their entire end-to-end supply chain from one place in the cloud.
Market expert Brian Aoaeh explains why all of us should be rooting for Uber, Lyft and other startups. Read why!
Shippers encouraged to make alternative plans now for the millions of tons of commodities that typically move on the Illinois River.
Soybean farmers along the Mississippi River have dealt with historic flooding this year.
AT&T has helped transportation companies stay ELD compliant with a telematics and driver workflow solution that improves efficiency of trucking operations.
In its first full quarter since repurchasing its spin-off, Navios Acquisition moved to lower its fleet age.
Negotiations are continuing between employers and the union with the help of Canada’s Federal Mediation and Conciliation Service.
Sustainable Shrimp Partnership has partnered with IBM to leverage blockchain and provide stakeholders end-to-end visibility into shrimp supply chains.
The Entity List comprises individuals and entities subject to specific license requirements for the export, re-export and/or in-country transfer of specified items.
If implemented, the tariffs will affect approximately $300 billion worth of goods from China in yearly import value.
The Treasury Department’s Office of Foreign Assets Control on Friday sanctioned two more shipping companies and their tankers for transporting Venezuelan oil to Cuba.
Kuwait, Middle East-based logistics provider, Agility, generated consolidated revenues of 378.8 million Kuwaiti Dinar (US$1.25 billion) in the first quarter of 2019, the company reported today. That’s a 1.9 percent increase on the revenues generated in the first quarter of 2018.
Australian integrated logistics provider Qube (ASX:QUB) has acquired Brisbane-based crane-hire provider, mining-related logistics services provider and truck-operator LCR Group for A$135 million (US$94.14 million).
Convoy, a freight-matching and supply chain solutions technology company, has been named Anheuser-Busch’s Non-Asset Carrier of the Year.
