Last-mile delivery is especially difficult for oversized items such as furniture, where retailers face challenges with rising customer expectations in speed, flexibility and quality.
The conference attracted over 2,000 industry players and largely revolved around the topics of Asian connectivity, the impact of trade tariffs, and technologies that are revolutionizing the logistics industry.
A Goldman Sachs report several months ago laid out the strengths of the app that matches loads, but does a lot more than that.
Penske Truck Leasing and UST Global combined on an accelerated IT training program that has seen 18 graduates move into jobs in Penske’s IT department.
The Office of the U.S. Trade Representative on Tuesday issued a 53-page update to its March-completed Section 301 report on China’s policies related to IP, tech transfer and innovation.
The Office of Foreign Assets Control has taken particular aim at sanctioning those individuals and entities involved in the maritime transport of oil for the Assad regime.
Centralized location allows vehicle manufacturers to save on their inland distribution costs, says CEO John Murray.
Even though the Department of Energy’s reported diesel per gallon price has risen 27% since early 2017, carriers have seen their net fuel expense per mile remain largely neutral.
Ambrosus enables consumers and supply chain stakeholders to have better trust over the products they receive or consume, by using sensors that communicate to the blockchain.
Just three years after its founding in Seattle by two former Amazon executives, the leading digital freight brokerage Convoy reached a unicorn valuation and took the #4 spot in the Freight.Tech 25.
Resilience360 offers end-to-end supply chain risk management. The platform alerts customers about supply chain incidents globally and risks to their global supply chain in almost real time. It’s an ever-expanding market, and the company is well-positioned for continued data aggregation.
Also today: going to jail for bogus CDLs; ecommerce driving the Canada Post labor dispute.
U.S. consumers are bearing less of the burden of the Trump administration’s Section 301 tariffs than Chinese producers, according to EconPol Europe.
While there’s impetus for negotiations to move quickly, defining the scope could be tricky during the lead-up to discussions, says Asia Society vice president.
While Société Générale has not violated U.S. sanctions in five years, it agreed to settle potential liability involving Cuba, Iran and Sudan from 2007 to 2012.
Impact Transportation buys $275,000 battery-powered tractor for yard operations.
Trucking executive points to final mile delivery as draining driver pool, so think about that on Cyber Monday.
We would be hard pressed to find a more colorful and controversial company than Tesla, making it as high as number 3 on our Freight.Tech list.
E-scooter startup Lime is having problems with vehicles catching fire – a problem it attributes to the batteries produced by Ninebot. It also is hearing complaints of bikes breaking down, which it figures is a design flaw of all Okai-manufactured vehicles, leading to a mass recalls on the said bikes.
Upcoming summit could provide surprise deal, but acrimony and lack of consensus puts deal in doubt.
BIMCO projects with capacity growing at half of this year’s levels, “the fundamental balance can only improve.”
The Commerce Department agency is tasked with figuring out which new technologies should receive additional export oversight for national security purposes.
The Trump administration will collect comments through Jan. 15 and will hold a hearing Jan. 29 as it develops negotiating positions.
The ITC reversed its decision to slap a limited exclusion order on imports and a cease-and-desist order on sales after Toshiba and the petitioner reached a settlement.
Cordero talked about record container volumes, tariffs and the status of billions of dollars in Port modernization projects.
The decision in favor of Horizon turned on a narrow question of where one of the employees’ case should be heard.
Shippers seeking visibility into their freight will find APIs provide an easier solution than legacy data interchange systems.
Emerge, a startup providing Private Freight Marketplace (PFM) and TMS, and striving to increase visibility into freight supply chains, has raised $20 million in a seed round led by Greycroft Partners.
There are no filings with the SEC that indicate the company purchased an actual trucking company, just some tweets and statements to Bloomberg.
Uber and Lyft saw a steady growth in revenue this quarter, as they continue to invest heavily in mobility sharing segments, with Uber forking out into food delivery and truck hauling segments as well.
The International Trade Commission held a hearing Thursday and Friday to inform its report on the likely economic impacts of the U.S.-Mexico-Canada Agreement.
By joining BiTA, Orange Business Services confirms its co-innovation approach with customers and partners to help enable the wide adoption of blockchain applications in digital supply chain solutions by standardizing developed use cases.
European Trade Commissioner Cecilia Malmstrom said the list has U.S. products targeted for retaliation should the Trump administration impose automotive tariffs on Europe.
dexFreight founders Hector Hernandez and Rajat Rajbhandari want the supply chain community to realize that blockchain is for them.
The year 2018 has been a big one for Nikola Corporation, and investors continue to line up to support the hydrogen-electric truck startup. Next year might be even bigger.
SwanLeap tops another prestigious list recognizing the fastest-growing North American companies in technology, media, telecommunications, life sciences, and energy tech sectors based on percentage fiscal year revenue growth from 2014 to 2017.
Retail activity posted the strongest gain in five months, as big gains in auto sales and rising gasoline prices helped to drive overall activity. Core spending grew at a more moderate pace, but the broad-based nature of the gains is encouraging headed into the holiday season.
Omnitracs would be leveraging Rubrik’s APIs to accelerate its journey towards digital transformation, with a reported 90% saving in time spent working on legacy solutions.
Hublock, a software solution based on data-sharing layer has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards relating to blockchain in the transportation/logistics/supply chain marketplace.
On Wednesday at the Texan Gaylord Resort and Convention Center, following MarketWaves18, members of the Blockchain in Transport Alliance (BiTA) met to receive updates on the organization’s progress toward data standards, hear announcements, share feedback, and learn about the work being done by BiTA’s think thanks.
Amazon came out on top according to the judges in FreightWaves’ Research Institute’s inaugural Freight.Tech 25, which identified the most disruptive and innovative companies in the freight space.
World’s largest container lines plan to look at emerging technologies as new options come to the market.
If you are a small fleet or an owner-operator, discounted products are often just a dream. J.B. Hunt is looking to change that.
Daniel Maffei could return to the agency and could be joined by Florida maritime industry veteran L. E. Sola.
The Trump administration will block U.S. business transactions involving Saudi officials who allegedly took part in the killing of Jamal Khashoggi.
Training app for mobile devices also added to portfolio of products.
It’s a tricky balance between risk and safety, but in the trucking world, before freight futures, there was no way to protect a company’x exposure.
BiTA member, Filament, demonstrated an important new product, and announced a major partnership this week.
Representing some of the most dynamic and disruptive technologies in the market today, demos from Shipwell, J.B. Hunt, Redwood Logistics, and Platform Science took top honors as they were voted Best in Show by MarketWaves18 attendees.
Good times at U.S. ports not expected to last as world’s largest shipping line warns trade war will rear up at start of next year.
CargoX Smart B/L platform would be the first open and neutral blockchain platform in the shipping industry for real-world commercial use.
EPA is looking to update pollution regulations for commercial trucks after 20 years; oil prices fall to one-year lows; U.S. import levels have declined slightly across all major retail container ports.
An investor and startup founder talked about the health of the automotive industry, and how autonomous vehicle trends differ in the car and freight markets.
Penske Truck Leasing has added a major upgrade to its Penske Driver app, giving drivers the ability to quickly and easily call for roadside assistance without the need for a phone call.
From A to X, a wide range of honored companies.
The U.S.-China Economic and Security Review Commission recommends the U.S. government consider bringing a type of WTO case scarcely used against China.
This morning at MarketWaves18 in Grapevine, Texas, FreightWaves CEO Craig Fuller announced that freight futures will begin trading on March 29, 2018.
2018 may have seen tight capacity and the strongest economy on record since the Great Recession, but what will 2019 look like?
“We went through a period when growth of shipping was 2-3 times the growth in international economy. I don’t think those times are coming back.”
The author of Moneyball and other books expresses concern about the possible misuse or ignoring of data coming out of the federal government in his talk before Marketwaves18.
New York and Crystal City the big winners, of course, but Music City will house e-retailer’s operations center for the eastern U.S.
The Cass Truckload Linehaul Index reached another record high in October while the company’s Intermodal Price Index points to rising intermodal costs.
The webinar is planned for 2 p.m. EST or 11 a.m. PST on Thursday, Nov. 15.
Facilities with exposure to steel and aluminum trade likely will see the earliest impact.
CBP is closing several lanes at two California ports as it prepares for the arrival of the migrant caravan moving through Mexico.
China also joined other countries in opposing a transparency proposal sent to the WTO by the U.S. and four other members earlier this month.
The U.S.-China trade war has brought misery to the thriving U.S. lobster industry, which is now feeling the heat of an additional 25% tariff that Beijing slapped on its live and processed lobster exports to China.
The Office of Foreign Assets Control continues to extend the expiration dates of certain general licenses between U.S. firms and three Russian oil and gas companies.
With his signature candor, White House trade adviser Peter Navarro told Wall Street bankers and the extremely wealthy to spend their money at home.
Blockchain solutions, improved interfaces, artificial intelligence and a tool for the intermodal business.
DHL hopes plan will attract new recruits to industry as shortfall looms.
“It’s such a massive market. If you don’t stay focused, you’re going to die.”
Cutting-edge freight tech startups and innovators give an intimate live product demo on the latest technologies changing the industry in a second round of seven minute demonstrations.
The American Transportation Research Institute is asking fleets to contribute electronic logging device (ELD) data to the group so it can study how the data can assist the industry in terms of safety initiatives and regulatory focus.
Kirchner says Slync spent a lot of time learning the market and what their customers need before they built anything. Asking the questions first is critical.
Companies are increasingly being asked to pay for damages to equipment, even when they are not at fault, according to a national survey conducted by TCompanies.
XPO Logistics is rolling out four new LTL optimization technologies and has announced a fast-track and free process for military members and veterans to receive their CDL.
Marrying up an ELD with a video system isn’t the last step for bringing multiple technologies on to one platform.
Officials met in Washington for the fifth meeting of the bilateral Trade and Investment Working Group and held preparatory talks for a possible post-Brexit free trade agreement.
China’s imports record strong third quarter with October data also suggesting more goods on the way.
Virgin Hyperloop One has a new CEO and chairman in the space of a week, with it now looking forward to commercialize and implement the world’s first hyperloop system in India.
The paper calls for a stronger approach to requiring notifications by member governments on issues including customs valuation and subsidies.
The collaborative tech company announced more than 75% growth in the number of lane matches on its platform in the third quarter of 2018 while it also continues to onboard new companies.
Its financial metrics were not strong, but management sees recapitalization as key to its future.
Data on producer prices shows that overall inflation pressure jumped at the start of the 4th quarter, though core price gains were more modest. Industry detail showed that trucking rates posted another solid gain in October, with big gains in long-distance rates offsetting declines in LTL.
Lows water levels are seasonal, but this year has been record, impeding low-cost barges and favoring high-cost trucking.
Oil prices fall on the back of a possible supply glut; highly populated cities are fighting back to regulate traffic during peak hours; U.S. companies are finding it hard to continue working in Iran after the now-in-effect trade sanctions.
ZED Connect has announced that it is discontinuing its ZED-ELD product and offering current customers an opportunity to transition to the EZ-ELD from Stoneridge.
Threat of higher tariffs continues to push up transpacific rates.
More of the same. That was the consensus in a quick informal poll of listeners to FTR’s State of Freight webinar on Thursday when they were asked what the most likely outcome was for the U.S. economy in 2019.
San Francisco firm has developed real-time collaborative logistics platform that “keeps everyone on the same page across the supply chain ecosystem.”
Rail and truck demand a secondary casualty in trade dispute.
To say that Weston LeBar is enthusiastic about the Port of Los Angeles’s new online cargo tracking system is a bit of an understatement.
A surge in freight from Los Angeles has started to inflect the Dallas and Houston freight markets. Meanwhile, Harrisburg, PA’s strong headhaul score makes that Northeast market a diamond in the rough.
Founded in 2015, Avenger Logistics is growing so fast that, according to their estimates, they’ll crack Inc. 5000’s 2019 top ten in their first year of eligibility.
Since the launch of Ford Smart Mobility, Ford has been intent on gaining ground in alternate mobility with e-biking being an important segment. Apart from acquiring Spin, the company has also bought GoBike and has launched an e-bike service ‘Jelly’, across the Purdue University campus.
Also in the pickup: better tools for sleep apnea instruments in sleeper berths; does Buffet care about BNSF’ OR?
The next phase of the investigation is for the ITC to make its determination on whether imports of common alloy aluminum sheet from China injure U.S. industry.
The list continues: what will be shown at Demo Day in Dallas this year?
A decrease in coal volumes did not slow a revenue rise at BNSF Railway Company, which posted a 16% increase in operating revenues in the third quarter compared to Q3 2017.
