The FreightWaves Research Institute will announce the winners of the Freight.Tech 25 next week at the MarketWaves18 conference at the Gaylord Texan Resort & Convention Center in Grapevine, Texas.
Computer vision startup Netradyne has recorded 100 million hours of driving data which would be analyzed by its AI deep learning tool to help drivers improve driving behavior and avoid incidents on the road.
The measure would have rolled back diesel fuel taxes from 36 to 16 cents a gallon.
The respondents in a U.S. antidumping and countervailing duty case on uncoated groundwood paper — newsprint — from Canada ask that a binational body look at a ruling in their […]
Commissioner Dye said field interviews regarding Fact Finding 28 investigation offer industry further clarity on Federal Maritime Commission report’s objectives.
Katie Gerard is hired in Washington; Matt Balzola is promoted in Wisconsin.
The company is not turning its back on acquisitions forever but thinks it needs to digest the heavy slate of companies it has bought since the middle of 2018.
New group floats alternative blockchain solution for container trade.
Under the partnership, My20 and GoLoad drivers with extra hours and capacity will receive critical Dock411 details before deciding to accept available loads.
A wide variety of solutions will be on display at DemoDay.
KeepTruckin has further expanded the utility of its fleet management platform with a new App Marketplace for customers to access solutions that easily integrate with KeepTruckin’s current platforms.
enVista, a leading global consulting and software solutions firm, has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation/logistics/freight marketplace.
Many of the industry’s inefficiencies are the result of a lack of transparency between stakeholders, which creates an inability to plan operations in advance. The pilot program is breaking barriers.
Starting in January, carriers will be fined $5,000 for first offenses and $10,000 for subsequent violations.
Dogs trained in the third-party explosives detection program will assist Transportation Security Administration teams in screening shipments, including foreign cargo.
Process begins to choose individuals to serve on the U.S. roster used for the selection of panelists to review duty determinations made by NAFTA parties
McKinsey, Goldman Sachs, Stifel Nicolaus, and Susquehanna are all in agreement that technology and data are critical for driving productivity in transportation and logistics companies. We survey recent research by the firms.
The global snapshot survey is based on interview data from 450 transport companies across Europe, the GCC and Asia, and reveals a number of fascinating insights.
Tuesdays may not be good days to be on the road; transport firms need to boost analytics usage to match what customers are doing.
Fleet Advantage, the truck fleet analytics company has added new features to its ATLAAS solution including customizable dashboards that allows real-time truck visibility and identifying when an assest becomes economically obsolete.
LiteLink Technologies Inc. (“LiteLink Tech”) (CSE::LLT) (FRA:C0B) (litelinktech.com), a leading blockchain enterprise solutions provider, announced today they have joined the Blockchain in Transport Alliance (BiTA).
The sanctions restored Monday cover more than 700 individuals, entities, aircraft and vessels and amount to the “largest ever single day targeting the Iranian regime.”
A required annual review of the African Growth and Opportunity Act found that hereditary slavery in the country remains a concern.
New research outlines key perspectives that could help shape the geographic makeup of the Heartland.
ArcBest posted excellent operating results for the third quarter, but executives failed to clarify the company’s pension liabilities, which were the subject of a controversial short seller report last month.
Job growth rebounded in October after Hurricane Florence disrupted hiring activity in the previous month. Within the transportation and logistics industry, trucking payrolls expanded for the sixth consecutive month, though growth lagged behind the pace of hiring among parcel companies and warehouses.
Majority of the U.S. shale oil producers are showing negative cash flow in 2018; Subaru is recalling 400,000 cars due to faulty engine part; U.S. factory orders increase more than expected in September.
SONAR’s OTVI.LAX is clearly indicating that the strength in the inbound loaded container flow out of the Long Beach/LA port is continuing and gathering momentum.
The driver squeeze forced U.S. Xpress to shift resources from OTR to Dedicated. Still, it posted a healthy increase in its OR.
Deliverr is helping businesses ship products on ecommerce platforms with an Amazon-like fulfillment service.
Customs and Border Protection issued guidance allowing reduced excise tax rates for alcoholic beverage imports and released documents needed to claim them.
Investor-state dispute settlement provisions in the U.S.-Mexico-Canada Agreement are much scaled back from NAFTA’s language.
The Drivewyze weigh in motion software will come built into Orbcomm devices. Separately, the company will launch a new free data analysis service for their customers.
Less-than-truckload carrier plans to rejuvenate fleet and remain focused on price over volume.
Schneider National (NYSE: SNDR) reported strong third quarter earnings, announcing $1.3 billion in operating revenue, a 15 percent increase compared to the third quarter of 2017.
A monthly survey of all the important economic developments from the past month, and a look at some of the key trends to watch throughout the month of November.
Preliminary analysis points to a combustible fuel or other compound inside the container bound for Taiwan.
In partnership with Reliance Partners …Still in its infancy, blockchain is increasingly being adopted by companies seeking data security solutions. Scroll is one such company.
Head of FMCSA and largest U.S. truck trade group say California attempting to preempt federal regulations.
Truck repairs are inevitable, but a new solution from Uptake that utilizes Geotab sensors and artificial intelligence aims to identify problems before they become extended downtime events.
Rising tariffs spur look at geographic shifts in supply chains.
For all those in trade who’ve always wished for their 15 minutes of fame, I think we can safely say we’ve hit that mark. When family members start asking questions […]
White House applies eligibility for the Generalized System of Preferences to few new country-product combinations.
Lineage Cool Port Oakland is a collaboration between Lineage Logistics and Dreisbach Enterprises.
XPO to roll out suite of I.T. improvements for LTL unit.
The pipelines taking oil away from the Permian are at capacity, causing a buildup of WTI inventory at the Cushing, OK storage sites and depressing the price of WTI against Brent. Prices would be even lower if Venezuela and Iran weren’t causing further worries about global supply.
LTL carrier says Northeast expansion to continue with new facilities, but segment remains at breakeven results.
iLabX will be run in collaboration with L Marks, a corporate innovation specialist. The program will accept entries in four categories related to tech and transport.
An advanced “BOSS’ fulfillment model is ready for the holidays.
In a CarrierLists survey of fleets, most respondents expect rates and volumes to remain the same or improve in 2019.
Optimal Dynamics uses AI and machine learning to assist fleets in finding loads a few days into the future, which would help carriers get ahead of their competition, as they could plan their network flow further in advance than usual.
A wide range of technological solutions for supply chains seeking efficiencies will be on display at MarketWaves near Dallas November 12-13.
FreightWaves discussed how the midterm elections impact the economy at large, and specifically how it pertains to freight. What are the implications to the economic indicators regardless of the winner?
Sam Ruda becomes the interim director for the Port Authority of New York & New Jersey; Clark Robertson joins the Port of Corpus Christi as chief operating officer.
Fourth-quarter results are expected to be negatively impacted by a hurricane in the U.S., coal shipment delays in Australia and a locomotive driver shortage in the U.K.
The FreightWaves Research Institute is excited to announce the release of its second white paper, Global Freight Tickers, a worldwide study of publicly traded transportation and logistics companies
The logistics software solutions provider expects sharp increases in earnings and revenue.
A long list of concerns in the ATA President’s annual speech to his group’s conference, including young drivers and California’s own laws.
While there are plenty of TMS systems out there, few to none have traction in the machine learning space.
Seeking to deliver cost-efficient solutions for fleets and take advantage of the new trend toward openness and convergence, SmartDrive Systems in collaboration with Geotab has introduced a new platform designed to lower costs and create a single point of connectivity.
Northern Block, a Toronto-based blockchain product venture shop, has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation/logistics/supply chain marketplace.
Spireon has new financial backing and a market that still has a lot of trailers without GPS tracking.
On the agenda for the day: AOBRD transition, personal conveyance, sleeper berth rule and plenty of other issues for FMCSA’s top attorney.
Drayage to be test bed as OTR market remains out of EV reach.
Trucker Path’s acquihire to end 2017 saved FreightTech from a hangover that might have made funding for other trucking startups difficult
Surge in low-sulfur fuel use by ships could usher in two to three year period of uncertainty in refining industry.
Some of the stocks that were getting hammered at midday recovered on the back of the broader market rebound by the close. One exception: Ryder.
The new tool will allow machine learning to accept and interpret counteroffers from carriers, and decide if they’re too high or just right.
Ryder System (NYSE: R) reported record total revenue and record operating revenue for the third quarter. Both total and operating revenue grew across all business segments, which the company attributed to new business and higher volumes.
When you consider all the implications of the service, it may be one of the biggest deals happening in the industry that you haven’t heard about.
Growth in the US economy slowed slightly in the third quarter of the year, but remains strong headed into the end of 2018 and consumers and inventory building carried the load.
There’s no particular pattern in seeing which stocks have declined significantly more than the drop in the overall S&P 500 index.
Conduit’s goal is to help shippers save time, uncover price anomalies, and manage operational data.
Negotiating objectives are being considered for a potential U.S.-Japan trade deal that aims to “address both tariff and non-tariff barriers and to achieve fairer, more balanced trade.”
Greenbriar Equity invests an undisclosed amount in Spireon, becoming its primary investor in the process. Spireon believes this partnership would help it with operational flexibility and in expanding its network across different verticals in the transportation sector.
It was a better quarter for three companies representing different sectors: 3PL, intermodal and truckload.
OD’s top line revenue grew 21.2% year over year to $1.06B and earnings per share swelled 71% to $2.12. Even more impressively, Old Dominion achieved a 78.4% operating ratio, a company (and possibly industry) record and 280 bps improvement over Q3 2017.
The Unified Plan 2020 is in place in one corridor, with another to come. So far, UP executives are boasting about its success.
Tesla’s best quarter ever is a huge deal: a rich mix of high end Model 3s and lower capex helped. We still don’t think TSLA shares are rationally priced.
KeepTruckin, a tech firm that offers fleet management solutions, based in San Francisco, has expanded operations in the Music City.
Daimler Trucks sold more vehicles in quarter three than a year ago, but its parent company, Daimler AG saw revenue flat for the third quarter at $45.8 billion (40.2 billion Euros).
Uber Inc. has introduced ‘Clean Air Plan’ – a strategy that helps reduce air pollution in London by replacing Uber cars that run on gas with all-electric variants by 2025.
But lead agency for commercial vehicle safety says autonomous trucking will serve drivers well and make industry better.
The rapid growth in investment resembles the Fintech sector from 2006-10, but TransportTech is still an understudied and less well understood field for venture investment.
Knight-Swift Transportation reported strong earnings on Wednesday, and it was immediately met with praise from Morgan Stanley analyst Ravi Shanker, who wrote in a note that the company’s stock is a “relative buy, at worst, in our view.”
UPS Inc. will expand its “My Choice” customized delivery program to the business-to-business segment during the first quarter of next year.
You heard it here first. An actual real-live truckload shipment has worked across supply chain stakeholders to create an industry-first: a shipment using blockchain.
Although a full reveal of its strategy was not part of the conference call, the discussion of the “clean sheets” program shows that Norfolk Southern has undertaken a review of its operations on its way to how much of the precision railroading model it will adopt.
CEO David Parker expects very strong demand in Q4 and Covenant to shift further to dedicated capacity in 2019 in an effort to “get deeper into the supply chain.”
Richard Branson, founder of the Virgin Group, as stepped down from being chairman of Virgin Hyperloop One, stating that the company needs a more “hands-on chair” to invest in its growth.
Even as the trucking industry struggles to identify new drivers, there is a segment of the U.S. population that is facing unemployment rates above 27% that are looking for jobs. Can felons fill the driver gap?
Crude-by-rail is big growth driver for quarter as rail remains key outlet for Canadian crude.
Infrastructure projects “will strengthen our ports, harbors and waterways and will create and sustain jobs,” says Oregon lawmaker Peter DeFazio.
While the index is still showing significant gains over last year, there clearly is a decline from recent highs.
Revenue forecasts were reached only because of a one-time tax event. But by almost any other standard, it was a strong quarter.
Sears was also a pioneer in all things omnichannel and what we now call last mile. Why did they fail to innovate this time around?
Supply chain software company E2open is in the process of acquiring the world’s largest neutral maritime network INTTRA, in its bid to expand its services to the ocean container industry.
Also in the pickup: IMO meets with 2020 on the horizon; Rhine levels are causing plants to shut down; C.R. England and its charitable cause
It may mean less now in an era of higher pay, but if total hours don’t exceed the minimum wage, it could be an issue because of this ruling.
Since its launch, Convoy has been innovating with technological solutions aimed at reinventing the way freight moves across the country. To help fulfill that mission, the company is now expanding beyond its Seattle, WA, roots to a second office located in Atlanta.
