Director-General Roberto Azevedo talked about the impacts of restrictive measures like tariffs on overall global trade and prospects for reforming the multilateral body.
U.S. export transactions with persons listed on the Unverified List may require a Commerce Department export license.
The president of Gennex Media conspired with others to fix prices on online sales of promotional items between 2014 and 2016.
Uber released its S-1 filing after the market close, placing in on track to go public with its anticipated May IPO.
U.S. Customs and Border Protection increasingly is using data to perform “predictive analytics” to more precisely target violations that may occur in the import entry process.
Report from Menon Economics and DNV GL predicts Dubai will climb into the top five by 2024.
French company is increasing its warehousing space in Vietnam almost tenfold.
The shipping line signed a memorandum of cooperation with Nansha officials last week.
Albertsons Companies is now part of the IBM Food Trust network, and plans to use blockchain in tracking its food produce from the farm to its store shelves.
In partnership with Reliance Partners …Data analytics and machine learning can help companies irrespective of the size of their data sets, as long as the data being captured is of good quality and is specific to the required operational needs.
Head of Israeli maritime security firm Naval Dome says the “maritime sector is being targeted by highly motivated cyber criminals.”
The House Water Resources and Environment Subcommittee also received requests Wednesday for the same cost share for inland waterways that was set up for deep draft ports.
The pending IPO comes as many experts are questioning the profitability of the ride-share model.
The Justice Department said the Illinois company imported 36 shipments of Chinese-origin saccharin that were transshipped through Taiwan to evade paying antidumping duties.
Between 2007 and 2011, Standard Chartered Bank facilitated $240 million worth of financial transactions that violated U.S. sanctions programs.
Amazon’s outsize presence in Seattle has yet to translate into a new wave of start-ups but that is expected to change as the tech giant’s relationship with the city enters a new phase and the region’s venture capital ecosystem matures.
Despite a 4.7 percent year-over-year decline in cargo movement, the port still recorded the second-busiest first quarter in its history.
The projects in Illinois, Wisconsin, Tennessee and Louisiana are part of the Class I railroad’s $2.9 billion capital investment budgeted for 2019.
Some benefits of blockchain that cut through the hype and change the game.
Inxeption introduces Zippy Freight, a new service that helps B2B merchants get shipping costs and complexity under control and obtain flexible logistics options.
The auction of the terminals in the state of Pará to private operators netted $115.9 million and included leases ranging from 15 to 25 years, according to The Rio Times.
FreightWaves has chosen Predata, the predictive analytics company for geopolitical risk, to integrate data with FreightWaves’ SONAR.
Labor, environment and affordable health care among the priorities laid out by Rep. Richard Neal in a letter to to U.S. Trade Representative Robert Lighthizer.
The technology company will focus on appointment-making, track-and-trace, and eliminating paperwork.
Drewry’s white paper predicts, if the tariffs are imposed, a rush of U.S. imports of finished vehicles and auto parts in 2019 before declines in 2020 and 2021.
The successful talks will re-establish Peru’s forestry and wildlife supervision agency as an independent entity.
sennder has raised investment to expand its digital freight markeplace footprint across Europe.
The White House on Monday declared that an agreement to offer Cuban baseball players “a safe and legal path” to Major League Baseball teams is illegal.
Precision scheduled railroading (PSR) is the latest tactic railroads are using to improve their operations – and their images. Market voice Jim Blaze explores whether PSR is real or just marketing hype…
The cranes, on order to Konecranes for about $1.9 million each, are expected to be delivered next year to the Port of Savannah.
Truck Parking Europe displays more than 34,000 parking spaces across Europe, and has over a million downloads on its smartphone application.
There is no word yet on whether the Trump administration might appeal the ruling.
The Iowa senator linked removal of steel and aluminum tariffs on Canada and Mexico to a favorable congressional process of the U.S.-Mexico-Canada Agreement.
The USTR has listed for retaliation about 315 items, including agricultural products, apparel, ceramics, metals and kitchen goods.
Washington Auto Show policy discussion reveals states moving on electric and automated vehicles as feds struggle to keep up.
Geotab, one of the world’s largest suppliers of sensors for commercial vehicles, today announced that it has signed an agreement to acquire BSM Technologies.
Insurgent digital brokerage apps are increasing their share of downloads while load boards are largely stagnant.
Matilda is a smart transport hub that helps the elderly and the disabled people by providing real-time information on the schedules of their public transportation, mainly targeted at autonomous vehicles of the future.
Around the world, consumers are clamoring for more seafood. Read how airlines and airports are working to move more seafood more quickly around the world.
With new backing from Microsoft, start-up readies for technical and geographic expansion of optimization services for shipping assets.
Sabrewing Aircraft Company has developed an unmanned vertical take-off and landing (VTOL) cargo aircraft that is now closer to being a commercial reality, with it getting an order for 10 aircraft from the Aleut Community of St. Paul Island (ACSPI).
Monthly retail imports are expected to grow to nearly 2 million TEUs in August, which would be the most since October, according to the monthly Global Port Tracker.
Lobbying group considering more legislation and White House action to stop threat to U.S. rail system.
Trips to Africa, Mexico and Austria are on the calendar this year.
The Office of Foreign Assets Control added sanctions against two shipping companies and their vessel for transporting crude oil from Venezuela to Cuba.
President Trump named Customs and Border Protection Commissioner Kevin McAleenan as acting DHS secretary following the resignation of Kirstjen Nielsen.
A digital logistics startup that helps trucking companies automate workflow has raised $10 million in a Series A round led by Goldcrest Capital and 8VC.
Job growth rebounded nicely in March as employers added nearly 200,000 workers to payrolls during the month. This strength in hiring did not translate to the trucking industry however, where payrolls declined for the first time in nearly a year.
Shipwell has introduced a digital loadboard for shippers and carriers, where shippers can bid on loads or instantly book shipments with a “book now” functionality.
Trump now threatening tariffs against Mexico while trade groups claim cross-border supply chains still at risk.
The funding is expected to increase the use of electric cargo bikes to fulfil last-mile deliveries, which will help reduce congestion and pollution on the English streets.
Mexican officials met with several House Democrats as their congress looks to OK labor reform legislation in line with provisions of the U.S.-Mexico-Canada Agreement.
Breakout List curates a list of startups that have a high possibility of success, thus making it easier for startup-inclined people to choose a company they would want to work in.
The ProStar discharged 442,131 barrels of jet fuel at the Florida port before heading to New York.
President Trump walks back threat to close the southern border with Mexico, but CBP’s reallocation of officers to immigration duties continues to stymie cargo flows.
Three small business executives spoke Thursday during a call organized by the U.S. Chamber of Commerce about how the nation’s infrastructure impacts their companies.
By sharing space and adding detection technologies at nine international mail facilities, the two agencies aim to stop more opioids and counterfeit drugs from entering the U.S.
Customs and Border Protection said, if authentic, the 450 baseball-style caps seized by its officers would have retailed for about $207,000.
This year will see Volvo and Daimler put electric Class 8 trucks to test, as start-ups still have few commercially available models.
In partnership with Reliance Partners …Payment solutions have evolved over time, from being cash-based in the 1950s to now using data analytics and AI over data streams coming out of fuel cards, to provide better safety and security to fleets and drivers.
The Commerce Department has now processed more than 45,000 of a total of roughly 80,000 exclusion requests, a BIS official told a Senate panel on Tuesday.
Even in a tough auto market, a bilateral trade agreement could provide opportunities for U.S. automakers to expand their market share in Japan, execs said at a trade panel.
“All southern ports are working the same,” the Laredo Licensed U.S. Customs Brokers Association said in regard to lane reductions for commercial traffic at ports of entry.
The confirmation of Jeffrey Kessler coincided with a Senate rule change to expedite consideration of nominations.
Peter Armbruster was not in the original indictment from last year but now joins two other execs facing criminal charges and from the SEC as well.
The momentum is strongest in developing countries, where concerns about pollution and traffic congestion are mounting.
Survey data from the manufacturing and service sectors continue to point towards growth in the overall economy. Manufacturing activity rebounded nicely in March, while readings from the service sector slipped but remain generally strong.
Spanish logistics provider ChainGO Tech has joined the Blockchain in Transport Alliance. Read why the company joined the Alliance and what it hopes to achieve with its membership.
Walmart has introduced Voice Order, that allows people to add items to their Walmart online cart by giving voice commands through any Google Assistant enabled device.
The hack pulls back the curtain on “bug bounty” hunters, security researchers who troubleshoot software systems for money.
This morning Truckstop.com announced that ICONIQ Capital, a leading Silicon Valley growth equity firm, has made a majority investment in the online freight matching and load board solution.
U.S. and European freight railroads are very different in many respects. Market analyst Jim Blaze gives insights about how the two systems differ.
Even if the border remains open to freight, shutting out the ~500k workers, students, shoppers, and tourists who legally cross each day would still have a major economic impact.
Fast Radius, a leading manufacturing technology company, has announced its Series B financing round of $48 million led by UPS, with strong insider participation from Drive Capital.
Air cargo volume is down year-to-date. Learn what air cargo companies are doing – and not doing – to generate greater volume and revenue.
White House official Peter Navarro said online marketplaces, payment processors and customs brokers believe they have “no liability and that simply has to stop.”
The Northwest Seaport Alliance also approved a 32-year lease with SSA Terminals, which will begin operating the terminal once the first phase of construction is complete.
The large volume of shared exports and imports between the U.S. and Mexico reflects the “highly integrated” manufacturing supply chain, a Chamber of Commerce official said.
The Advanced Transportation and Congestion Management Technology Deployment grants for “early deployments of cutting-edge technologies” go to 10 projects.
A state pork producers association board member told a House subcommittee that Mexican and Chinese retaliatory tariffs have had a huge negative impact on U.S. pork exports.
Australia’s Competition and Consumer Commission (ACCC) has handed out a smack-down to the three main longshoremen companies in Australia, which were using their oligopoly market power to impose unfair terms on trucking companies. The stevedoring companies involved are DP World Australia, Hutchison Ports Australia and Victoria International Container Terminal.
TheLorry connects thousands of shippers with truck, pickup truck and van owners across southeast Asia.
Roadrunner Freight has introduced a smartphone app that leverages technology to increase transparency and reduce downtimes for independent contractors.
The program will help Lyft reel in more customers, as well as compete with arch-nemesis Uber as that company ramps up investments in tech transport services and prepares for its own public offering.
A Chinese trade delegation led by Vice Premier Liu He is in Washington, D.C., and tariffs and enforcement are expected to be major topics of this week’s meetings.
Auto sales are declining, but the National Automobile Dealers Association still expects strong sales for 2019, plus the one area where Amazon is losing and opposition to Canada’s carbon tax grows.
The Deutsche Post DHL Group subsidiary will invest $100 million to construct 1.7 million square feet of warehousing space at its South Carolina site.
“We will immediately redeploy hundreds of CBP personnel to the border to respond to this emergency,” Homeland Security Secretary Nielsen said.
Big Apple’s traffic is rotten to the core thanks to rise of on-demand economy; congestion pricing may be cure, but uncertainties abound.
The momentum is strongest in developing countries, where concerns about pollution and traffic congestion are mounting.
Retail activity declined unexpectedly in February, as poor weather contributed to the loss in momentum for consumer spending
Many food chains in the U.S. are shutting stores down due to lack of diners. It is time they take remote consumers seriously and look to sell food via last-mile food delivery companies.
FreightWaves SONAR platform will be the basis of further collaboration between FreightWaves U and Georgia Tech.
In partnership with Redwood Logistics… we spoke to Michael Johnson, the architect of Strive Logistics’ LoadRunner matching and pricing engine.
The monthly economic roundup summarizes key developments in the macroeconomy over the past month and highlights trends worth watching headed into April.
Danish logistics major DSV is acquiring Swiss rival Panalpina in a deal worth $4.6 billion, creating one of the world’s largest companies in logistics and freight forwarding.
The number of structurally deficient bridges in 2018 fell at the slowest pace in five years, according to the American Road and Transportation Builders Association.
A common thread has emerged among recent OFAC violations: U.S. trade compliance breaks down in overseas affiliates and subsidiaries.
Indictment states California businessmen committed wire fraud and failed to report to the Consumer Product Safety Commission the fire-prone dehumidifiers.
CBP’s deployment of 750 officers to assist with the the immigration crisis has customs brokers along the Southwest border worried about backlogs of trucked imports.
