Stepping into the system is expected by this economist to be Donald Trump, using emergency powers to halt exports of diesel fuel
As cities witness the steady rise in vehicle inflow on their streets, city administrations would have to contend with two primary issues – prevalence of parking spots and the regular occurrence of traffic jams. Traffic micro-simulation models suggest a new regulatory scheme that might offer some respite.
Investors are risk-on for Europe, putting money into Italian, Greek, and junk bonds, and equities.
U.S. tariff levels on China apparently will depend on how far China is willing to go in agreeing to Trump administration requests for trade enforcement and other priorities.
CBP will begin accessing liquidated damages against non-vessel-operating common carriers that fail to timely and completely file their Importer Security Filings.
“It’s an elegant, beautiful, simple solution for storing energy, so much better than batteries. You break down water; you put it back together.”
Transportation Secretary Elaine Chao announced the immediate availability of the “quick release” funds to help repair damaged roads in Tennessee and Ohio.
The succession makes perfect sense and is a step in the right direction.
I.D. Systems, Inc. (NASDAQ: IDSY) announced its acquisition of Pointer Telocation Ltd. (NASDAQ: PNTR; TASE: PNTR) on March 14 in a transaction valued at approximately $140 million.
Through this acquisition, Omnitracs will work towards creating a truly unified driver experience through its next release Omnitracs One, expected to be unveiled late this year.
Industrial production rose by a paltry 0.1% in February, restrained by a second consecutive decline in manufacturing activity
Customs and Border Protection puts 28-year agency veteran Donald Kusser in charge of the nation’s second-largest airport.
International terminal mega-operator, DP World, has announced a solid set of results for 2018. Revenues, earnings before interest taxation depreciation and amortization (EBITDA), and net profit all substantially increased last year compared to 2017. Acquisitions and increased box volumes drove revenues and profits. DP World has announced investment plans for 2019.
The government watchdog agency found that U.S. Customs and Border Protection expanded its reimbursable services and donations acceptance programs over the last year.
Uber and Waymo are admitting they don’t want to commit the resources necessary for autonomous tech to be commercially viable.
The 430-acre Logistics Center Hudson, located northeast of downtown Denver, is part of BNSF Railway’s $65 million investment in Colorado this year.
The bills introduced by Rep. Xochitl Torres Small, D-N.M., and Rep. Clay Higgins, R-La., focus on bolstering CBP staffing.
The Florida Ports Caucus met Tuesday to discuss the priorities and needs of the state’s ports.
The Leaf platform allows shippers and carriers to enter into so-called “forward contracts” – the buying and selling of future transportation capacity.
Corporate compliance programs must protect against costly violations of the Foreign Corrupt Practices Act.
Recently uncovered case files from the Waymo vs Otto trade secret theft case, reveal Uber’s optimism with self-driving cars in 2016, which included the company envision running 75,000 self-driving vehicles across 13 cities by 2022.
Task force agents conducted a weeklong enforcement blitz and found counterfeit Xanax pills, botox, transceiver network modules, e-cigarettes, Rolex watches and iPhones.
Data on producer prices shows that overall inflation pressure eased further in February, as a gain in goods prices was restrained by the service sector. Industry detail showed that overall trucking rates declined in February, led by the largest decline in long-distance truckload rates in four years.
The Government Accountability Office said the Small Business Administration can take steps to improve oversight of its State Trade Expansion Program grants to states.
Blockchain in Transport Alliance (BiTA) has published its inaugural blockchain standards, with the consortium trusting the framework would act as a springboard for companies within the industry to develop blockchain-related applications.
Cities witness an increasing number of smart and connected vehicles on its roads, making it extremely crucial for the transportation ecosystem to wake up to the reality of auto cyberattacks.
U.S. Trade Representative Robert Lighthizer testified before the Senate Finance Committee Tuesday during a hearing on World Trade Organization reform.
Half a million dollars in fines assessed to importers for more than 10,000 engine imports that failed to meet federal emissions standards.
Revenues are falling at Roadrunner Transportation Systems, but management remains confident the company is heading in the right direction.
The nominees have been announced and voting is now underway in the inaugural FreightWaves Shipper of Choice awards. The Shipper of Choice Award is in partnership with Convoy.
The audience brought up ‘the trolley problem’ and the productivity gains of Level 4 autonomous trucks.
Virginia-based flooring supplier haunted by 2015 missteps from investigation of defective, formaldehyde-tainted flooring imports from China.
Volvo has started testing connected vehicle technology in California, plus Michigan governor pitches fuel tax hike, California legislator wants to phase out diesel engines and Alibaba buys into delivery company.
Bumble Bee Foods is now using the SAP cloud platform blockchain service to trace the journey of yellowfin tuna from the Indonesian ocean to the consumers’ dinner table.
Technology is quickly turning vehicles into mobile communications devices and that always-on connectivity is driving new efficiencies for fleets of all sizes.
The executive committee of the AFL-CIO’s Transportation Trades Department set an agenda Monday that also eyed rail safety and combating commercial driver fatigue.
The Bureau of Industry and Security is looking at export controls of technologies expected to facilitate development of the country’s future space policy.
The agency has extended the comment period for its “21st Century Customs Framework” initiative through April 11.
MatchBack Systems provides an innovative approach to manage shipping container costs and improve efficiency optimization through the use of matchbacks.
Retail sales rebounded in January despite big declines in motor vehicle and gasoline sales. Gains in core sales helped to stabilize the retail sector during the month, erasing much of the decline from December 2018.
Market expert Dean Croke writes about the impact of Daylight Saving Time (DST) on drivers (particularly truckers) and the pros and cons of the energy saving rationale behind DST.
The futures contracts will provide a way for carriers, shippers and third-party logistics providers to hedge their exposure to truckload spot rate volatility.
Modern transportation management systems (TMS) have lowered the cost while increasing the power of the solutions, opening doors for shippers of all sizes to benefit.
The FinEst Bay Area has secured a $17 billion financing for the world’s longest undersea tunnel between Finland and Estonia from a large Chinese private equity firm. This is yet another example of the Chinese interest in European infrastructure, a possible extension to their grand OBOR initiative.
People involved in negotiations gave a ringing endorsement of the pact’s labor and environmental provisions, a hot topic as Congress expects to consider the deal soon.
Huarong Energy, formerly known as Rongsheng Heavy Industries, which was China’s largest privately owned shipbuilder, sold the assets to the bond holder for HK$1.
Over the last several years, Columbus Rickenbacker airport has emerged as a key and growing alternative U.S. gateway for international air cargo.
The NCBFAA responded with alarm to Customs and Border Protection’s March 16 mandate to use the new “create/update importer identity form.”
Korea Development Bank will transfer its Daewoo stocks to a subholding company to be established by Hyundai Heavy in return for equity stake in the company.
Member of THE Alliance is latest ocean carrier to experience financial difficulty amid a still volatile rate environment.
Job growth fell well short of expectations in February, as the economy added the fewest workers to payrolls since 2017. Hiring slumped in several industries during the month, but trucking employment increased for the ninth consecutive month.
CargoX and dexFreight, the two blockchain logistics companies will collaborate in offering digital bill of lading solutions and cost-effective logistics operations.
Two days after a report concluded that none of the world’s 20 biggest publicly traded airlines is doing enough to tackle climate change, executives from Alaska Airlines and Delta Air Lines said the sustainable jet fuel supply chain has a long way to go before airlines could transition away from conventional energy sources.
There are worries that the U.S. may be seen as an unreliable source of commodities such as soybeans.
The time to hire for the agency currently takes about 300 days, with less than 3 percent of applicants successfully completing the hiring process.
The project, which is set to double the capacity of the largest container port on Sweden’s east coast, is expected to be completed by the fall of 2020.
Members of the trade community presented several ideas on Thursday for reforming the World Trade Organization as the U.S. continues to work with the EU and Japan on ways to […]
Minnesota’s Tom Emmer sees blockchain hype giving way to reality and more widespread use of the technology taking hold – as long as Congress helps clear a path.
“The Marines have embraced this because it saves lives and makes them the most lethal, most effective fighting force the world has ever known.”
OLIMP is a platform that connects shippers and carriers to provide cross docking, on demand warehousing and last mile delivery.
The Senate Subcommittee on Economics and Security’s inaugural hearing Thursday focused on the impact of China’s economic practices on intellectual property and standards setting.
An Indianapolis construction fleet has leveraged Verizon Connect’s telematics solution to drive more efficiencies in dispatching, maintenance and fuel tax rebates for off-road diesel use.
Association representing the kitchen cabinet industry says it’s one of the “largest trade cases” filed against China.
International and Mack both announced new service offerings designed to improve the customer experience and operational effectiveness of their respective vehicles.
Aviation apps are gaining popularity among pilots, and the ForeFlight product has gained significant traction in business aviation.
Smaller fleets see best growth in driver capacity, but shippers only tap them once in a while, creating more volatility.
Asset Balance Solutions is the latest member of the Blockchain in Transport Alliance (BiTA). BiTA just released the first blockchain standard for the freight/logistics/supply chain industries.
Last-mile delivery network aggregator Shipsi announced a new roster of ecommerce and retail partners across the U.S. to support and fuel its march towards the future of retail.
Witnesses gave a Senate committee recommendations on how to streamline the permitting process to expedite project delivery.
VayaVision, a startup that develops perception software for autonomous vehicles, today announced that they are the recipient of a €2.45 million SME Instrument Grant from the European Innovation Council (EIC) to support its expansion into the European market.
BLOC recently collaborated with mining company BHP, Japanese shipping company NYK, and biofuel company GoodFuels, to deliver sustainable biofuel to the BHP-chartered, NYK-owned bulk carrier – all via BLOC’s blockchain fuels assurance platform.
Innovations in last-mile delivery continue, but each faces challenges to widespread adoption, although UPS, which will trial Thor electric trucks, encourages fleets to test out new technologies.
Ministers from three member states of the Comprehensive and Progressive Trans-Pacific Partnership expressed support for the possibility of the U.S. rejoining the agreement.
The nation’s top food and drug regulator stepped up controls on e-cigarettes and unsafe medicines as well as advanced the Food Safety Modernization Act.
A National Association of Manufacturers survey, which coincided with a speech by Vice President Mike Pence, found concerns remain about infrastructure.
KoBold Metals’ algos analyze geological data to find untapped sources of cobalt ore.
Nazak Nikakhtaris, assistant secretary for industry and analysis, also will perform “nonexclusive duties” of the agency’s undersecretary for industry and security post.
The Section 232 investigation begun Monday is in response to a petition filed in September by domestic producer Titanium Metals Corporation.
Trump administration says India failed to meet certain conditions to stay in program, while Turkey no longer needs preferential trade access to the U.S. market.
Talks between the U.S. and China have made significant progress over the last several weeks, and the two sides appear to be closer to a deal than at any time over the past several months. However, while the restoration of positive trade relations will help the trade outlook, other factors are likely to keep trade growth subdued going forward.
The 25-year contract, which includes a facilities lease and equipment sublease, calls for a $238.7 million investment, including the operator putting $28 million toward the harbor deepening project.
The China Post and Deppon Express will begin autonomous package delivery in April using technology developed by FABU, a self-driving startup based in China and the U.S.
Happy Returns has unveiled a self-service return solution that would allow shoppers to return items at the storefront – eliminating the need for them to return items through a laborious mail process that is the norm today.
NTSB will look at the potential for hazmats such as lithium-ion batteries as a contributing factor in last week’s Atlas Air crash.
The credit metrics for XPO have weakened but are still good enough for a BB rating.
The Swiss engineering group’s MoorMaster systems are scheduled to enter service in 2020.
Columbia Transport, based in Italy, joins the Blockchain in Transport Alliance.
Truck Spot is an app that helps truckers sub-lease parking spots on an hourly or daily basis and make sure they do not run out of options to park their trucks at the end of their HOS, or when they want to take a break.
Asparagus from Mexico and California moves around the world as air cargo from Los Angeles International Airport.
FreightWaves executives discuss how futures mitigate risks facing carriers, shippers and intermediaries in spot trucking market.
E-commerce platforms and rapidly changing IT are challenging the agency’s regulatory oversight and systems to keep pace.
The State and Commerce departments work to release final rules to shift some firearms and related items from the U.S. Munitions List to the Commerce Control List.
Oregon business and philanthropic leader Peter Stott started his first trucking company in 1969.
CBP and COAC make strides to improve procedures for bonded cargo moves, but more work still needs to be done.
Competition will stimulate industry submissions of cutting-edge, nonintrusive technologies that detect opioids in small packages.
Trucking-as-a-service is poised to break out into 5x growth over the next five years, says Frost & Sullivan.
Transportation-as-a-service will have a huge 2019, and Lyft is kicking it off.
Exports improve sequentially, raw materials price ease again.
A summary of the key developments in the U.S. economy over the past month and highlighted trends to watch in March.
For the second time in several weeks, Amazon has pulled out of a huge real estate deal many thought was a sure thing.
