The regulatory summary that clarifies the quarterly reporting requirement is in addition to the separate NRC annual reporting reporting requirements.
A new survey of small fleets and owner-operators found they would like to utilize many of the same tools larger fleets do to control costs, including more technology like predictive maintenance.
Participants included Maersk Growth, the capital venture arm of the shipping giant Maersk, and Alstin Fund II from the Maschmeyer Group.
Having the right visibility into the supply chain not only requires having the right TMS system, but also the right design of your networks.
J.B. Hunt wants to make freight marketplaces more efficient by making information more transparent.
FreightWaves, in partnership with Nodal Exchange and DAT, launched the world’s first financially settled Trucking Freight Futures contracts at 9 a.m. Friday, March 29. The first trade came through within 20 minutes of opening, at 9:18 a.m.
As food product recalls are becoming a frequent occurrence on account of contamination fears, the time is right for companies to look towards blockchain for creating better visibility into their supply chains and to reduce generic en masse recalls wherever possible.
Exceeding expectations, the ride-hailing start-up Lyft raised $2.3 billion on March 28, after pricing its shares at $72, the top of its pricing range.
The port’s board of commissioners approved a $23.4 million contract to Shanghai Zenhua Heavy Industries for the two 100-foot cranes.
FreightWaves, in partnership with Nodal Exchange and DAT, launched the world’s first financially settled Trucking Freight Futures contracts at 9 a.m. Friday, March 29. The first trade came through within 20 minutes of opening, at 9:18 a.m.
Guests at FreightWaves headquarters enjoyed a cocktail reception, dinner, and talks from industry luminaries.
Prime Minister May now has until April 12 to seek a longer extension to the negotiation process to avoid a “no deal” Brexit.
The Appellate Body upheld WTO panel findings that the U.S. provided unfair state tax breaks to Boeing and that rejected EU claims of U.S. subsidies unfairly impacting Airbus aircraft sales.
Lone Star Ports, a joint venture between the Carlyle Group and Berry Group, will lease about 200 acres on Harbor Island to develop a petroleum export terminal.
German automobile and commercial vehicle technology supplier ZF Friedrichshafen plans to acquire rival Wabco for $7 billion, the companies announced Thursday.
The European Union (EU) is looking to introduce several mandatory safety features in new vehicles from 2022, which would include technology that limits speed and cautions drivers on hazardous road conditions in order to reduce accidents due to speeding.
Last-mile delivery companies have a new option for managing their businesses as Rand McNally will soon offer a local fleet version of its DriverConnect platform.
The two new cranes, identical to the pair delivered in March 2018, are part of the port’s $300 million in Packer Avenue Marine Terminal improvement projects.
Section 301 tariffs on goods from China are hurting some U.S. businesses downstream in the industrial supply chain, after the U.S. started imposing the measures last summer to generate changes […]
Freight levels have dropped from last year, but panelists at the ACT Research conference this week said they have simply returned to more normal levels.
In partnership with Reliance Partners …Before autonomous driving systems are commercially available, it is essential to not just work on functional safety but also on cyber security, so as to ensure that the vehicle is completely safe to drive around once deployed.
The plan, which includes more than $650 billion in federal funding, would be the Democratic presidential hopeful’s “top budget priority” should she be elected in 2020.
Navistar’s Steve Gilligan discussed several technological opportunities for truck makers, including autonomous and electric trucks, during this week’s ACT Research conference.
Emmanuelle Verger and Rick Revoir are tapped to take the helms.
Sen. Susan Collins criticizes the president’s Transportation Department budget for offering “no path forward after the FAST Act expires.”
The Office of Foreign Assets Control said Stanley Black & Decker failed to effectively stop a Chinese subsidiary’s illicit exports to Iran following acquisition.
The Senate Finance Committee said in “coming weeks” the panel’s chairman will introduce a bill allowing Congress to stop Section 232 duties after they are imposed.
Petitions from the American Kitchen Cabinet Alliance allege that wooden cabinets and vanities from China are unfairly subsidized and dumped on the U.S. market.
Washington insiders say maritime cyber attacks in the U.S. and around the world lack attention and funding.
Fortna, a supply chain automation design and implementation company, announced today that it entered into a recapitalization agreement with private equity firm Thomas H. Lee Partners, L.P.
The Series C financing was led by China Merchants Capital, with participation from Shenzhen Capital Group, New Alliance Capital, Harel Insurance Investments and Financial Services, and Phoenix Insurance Company.
Volkswagen partners with Amazon Web Services, to streamline data coming from its different manufacturing and logistics processes, and create actionable information to improve production flexibility and increase vehicle quality.
Daimler Trucks North America (DTNA) announced it has opened its proprietary Detroit Connect platform to third-party telematics service providers.
India-based logistics startup Delhivery has secured $413 million in new funding with Japan’s SoftBank leading the round.
Several logistics and transportation software providers claim to have machine learning capabilities, but in many cases, the results don’t match the hype.
Representatives of organized labor told a House subcommittee on Tuesday that the U.S., Canada and Mexico should get back to the negotiation table.
Rate increases are slowing and could even turn negative later this year, although fleet profits should remain strong for much of the year.
The $6 million project is expected to reduce diesel-related air pollutants by 45 tons annually.
The European Commission said the restrictions on traders of football merchandise across the continent violated antitrust regulations.
Service first FAA-sanctioned drone flight for routine, contractual deliveries.
U.S. maritime’s economic contributions may be at risk if Chinese tariffs remain in place.
“We’re looking at finding ideas and turning them into billion-dollar companies and working with key leaders in the industry to help them take advantage of the technologies.”
There are plenty of conflicting data points on the direction of the economy, which might suggest that everything may be just fine in the near term.
Private equity and venture capital are major forces consolidating transport & logistics and bringing technology into the industry.
Sen. Wicker and Rep. Garamendi plan to reintroduce a bill to guarantee fixed percentages of all LNG and crude oil travel on U.S.-built, crewed and flagged vessels.
Uber Technologies Inc. has confirmed reports that surfaced over the weekend about its acquisition of Middle East on-demand cab hailing rival Careem for $3.1 billion, signaling its market domination in the region.
Flip a switch. Seems easy enough, but for those fleets that think that’s all they have to do with their ELD come December 16, 2019, they may quickly find their truck driver sitting idle, which is why now is the time to start the transition from a legacy AOBRD.
Uber has confirmed speculations of its acquisition of Middle East on-demand cab hailing company Careem, with the company now becoming a wholly owned subsidiary of Uber. The transaction is expected to be completed by Q1 2020.
The service will allow passengers to pay fares with their iPhone instead of paper tickets or transit cards.
A U.S. trustee has asked the U.S. Bankruptcy Court to appoint a Chapter 11 trustee to oversee the operations of IPS Worldwide.
Efforts to end-run U.S. sanctions against the Assad regime continue through elaborate petroleum transport schemes by vessel with Iran.
The 16,500-square-meter facility is located within a three-mile radius of all six container ports at Busan New Port and less than 10 miles from Gimhae International Airport.
John Garamendi (D-CA) asserted energy exports are tied to US shipbuilding and national security.
Hwy Haul is a freight logistics startup that uses data science and optimization algorithms to connect carrier capacity with freight volumes over a digital trucking marketplace.
The company also announced the opening of a manufacturing facility in San Francisco’s Mission District that will soon have the capacity to produce several thousand sensors a month.
Nikola Motors is setting up its hydrogen truck manufacturing plant in Arizona, which is expected to roughly bring about 2,000 jobs by 2024.
Southwest surfed the volatility in petroleum markets and maintained a strong financial position by aggressively hedging jet fuel.
Southwest surfed the volatility in petroleum markets and maintained a strong financial position by aggressively hedging jet fuel.
Uber is in talks with Middle Eastern on-demand cab hailing rival Careem for an acquisition deal that is expected to be made public this week.
Big data is opening up opportunities for shippers of all sizes, and used properly, it can help reduce shipping rates and improve customer service.
President Trump’s tweet on Friday calling for no new North Korean sanctions was enough to make any corporate compliance officer’s head spin.
Style Pantry LLC of California is claiming intellectual property law violations have been committed with the importation and sale of women’s clothing.
The exclusions will extend through March 25, 2020, and are retroactive to July 6, when 25 percent tariffs across $34 billion worth of goods from China began.
The project, which is scheduled to begin in September and be finished by December 2020, will nearly double the terminal’s current annual handling capacity to 600,000 TEUs.
Venture investing in autonomous vehicles continues to heat up, and as startups mature expect late stage investing to increase.
The contradiction between the federal and state regulations on growing and distributing marijuana could be alleviated by bringing trustability into pot supply chains. This can be done by adopting blockchain technology which can account for every step of the marijuana logistics process from the field to the consumer’s doorstep.
The agency also posted 2018 import statistics related to the Generalized System of Preferences on its website.
With widespread adoption and government backing, hydrogen fuel cells could be an economically viable alternative to bunker fuel in the maritime industry, especially after the IMO sulfur cap regulation kicks in by 2020.
The Labor Department has determined that significant reductions in forced labor in Uzbekistan’s cotton sector have recently occurred.
Treasury continues to expose ways that shipping companies evade U.S. and U.N. sanctions to handle exports and imports for the North Korean government’s financial benefit.
Valery Kosmachov is charged with facilitating illegal U.S. exports to Russia; Australian company manager David Levik will spend two years in jail for illegal exports to Iran.
Move latest push to expand e-commerce for B2B merchants.
The vehicle intelligence company, closed out the year with eight awards and significant year-over-year growth across transportation, fleet and franchise dealer business units.
Hong Kong-based Tigers, a global transportation and logistics company, is the latest member of the Blockchain in Transport Alliance (BiTA). BiTA is developing blockchain standards for the global transportation/logistics/supply chain marketplace.
Kenya-based startup Lori has built a logistics platform that is revolutionising the cargo-transport value chain in Africa by seamlessly connecting cargo owners, shippers and transporters via a digital freight marketplace.
The nine all-electric RTG cranes and three reach stackers are “the first part of $100 million to be invested in the first year” of a $500 million plan, GT USA […]
The Office of the U.S. Trade Representative on Wednesday released a notice announcing Section 301 tariff exclusions for 33 additional product types.
President Donald Trump on Dec. 21 ordered the regulatory changes, which will take effect April 1.
The ITS MARAD study found off-site staging areas with autonomous shuttles or virtual gates offer ports the best benefit-cost ratios.
Kargo Technologies is an online freight logistics marketplace that connects commercial shippers with truckers across Indonesia.
Investors in search of yield have turned to private equity for sometime now. What’s new is the willingness for seemingly large, risk-averse investment funds to tap into the private equity markets.
Fed downgrades GDP growth projections, cancels rate hikes, stops balance sheet runoff, but “economic fundamentals are strong.”
Israeli-based maritime startup Orca AI provides uses artificial intelligence and data analytics to prevent ships from colliding with obstacles while at sea.
The BiTA Standards Council has ratified the Alliance’s first data standard in record time. Read about the standard and the foundational framework endorsed by the Council.
U.S. exporters should become aware of the potential far-reaching impacts of the latest OFAC sanctions against Russian shipyards.
The Supreme Court denial effectively upholds a lower court decision that gives the states powers that the California Trucking Association said it legally should not have.
The report found the nation’s seaports’ contributions to the economy have increased since the previous nationwide report published in 2014.
Budget includes $1 trillion in DOT capital infrastructure improvements and hikes for trade enforcement operations and overall funding for the Office of the USTR.
FedEx execs counseled patience, but will Wall Street listen?
The autonomous truck company announced a new vision system that will allow vehicles to operate at night and in low light environments.
The vehicle adds to the increasingly crowded last-mile delivery vehicle space, now featuring robotic, bicycle and scooter entrants.
Covenant Transport is the first enterprise carrier to lower guidance for Q1 on a numbers of headwinds, none of which are macroeconomic—yet.
GT Solutions, a transportation solutions provider based in France, is the latest member of the Blockchain in Transport Alliance (BiTA). BiTA is developing blockchain standards for the global transportation/logistics marketplace.
The federal funding will help pay for the multiphase project, which will allow Conley Container Terminal to handle vessels up to 12,000 TEUs once completed.
Hyundai, Kia and Ola will collaborate to develop fleet and mobility solutions, electric vehicles and infrastructure specific to the Indian market, they said in a joint statement. This is Hyundai’s and Kia’s biggest combined investment, and also is Hyundai’s first venture into fleet vehicles.
Bendix is now making its advanced safety systems available for retrofit for models where it was not factory-installed. Plus, U.S. finds little support for postal rate changes, detention time increasing and air cargo boom may be over.
The Treasury Department agency has added four Russian individuals and six companies for their alleged involvement supporting attacks against Ukraine’s navy.
The acquisition of Poland’s largest container terminal is worth more than $1.1 billion, according to The Wall Street Journal.
The 11,000-TEU Cape Sounio, operated by ZIM on a service offered by the 2M alliance, arrived Monday after transiting the Panama Canal.
After posting record earnings for the fourth quarter of 2018, the company is expecting its first quarter earnings to take a hit from lowered demand in the early months of 2019.
