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.
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.
