Executive Moves: From Bestpass to Barcoding
International nonprofit names members of advisory council and board of directors; payment, supply chain and logistics companies announce hires.
International nonprofit names members of advisory council and board of directors; payment, supply chain and logistics companies announce hires.
In a time when consumers are opting to spend less time in the kitchen, restaurants and grocery stores, convenience is king and grocery delivery services are popping up everywhere.
The depreciating Indian rupee coupled with rising fuel prices have hit the Indian transportation corridor quite hard. The Indian government is now coming up with new regulations and innovative transportation practices to ease pressure.
Two of McLeod’s clients talk about how they use profitability analysis tools daily and how they drive better business decisions.
Even for small decisions you make, the computer is calculating millions of small permutations every time. If you do this thousands and thousands of times, the tool gets better and better.
Oil producer group reports in its annual outlook that it believes compliance will grow after 2020.
Capacity creator, waterfall tendering, and max buys based on near-time market rates should help make brokers even more productive.
It’s taken several years, but the eight biggest manufacturers of rear underride equipment now get the top grade from the IIHS.
Japanese classification society says a large number of shipowners are planning ballast water treatment system installations in a narrow time window.
New president leads domestic and international operations; French company appoints executive board; and Jamaican maritime leader chairs subcommittee.
With the explosion in tech over the past few years in transportation, it’s increasingly urgent to provide real solutions with systems integration capabilities that let drivers, carriers, accountants, managers, and brokers tap into innovation and information.
A roundup of economic data releases and events over the past month, and view of trends worth watching in October. Freight demand conditions remained generally solid during the month, though international trade and housing remain trouble areas. Supply within trucking looks to be expanding, and hires in the industry continued to climb
Start-up looks to spread adoption of more nimble APIs to replace legacy EDIs used widely in transportation industry.
Smart cities end up producing millions of data points every minute. City administrations need to wake up to the potential of data analytics and think of a way to utilize data and reduce urban traffic congestion.
Tender volumes are taking many by surprise, but not those that understand what is happening with the use of ELD’s by small carriers, especially in the dry van segment.
An annual review of the logistics business gets published; dueling intermodal views; and a startup gets a big chunk of funding.
Concerns over a global trade war have eased this morning, as Canada agreed late Sunday to join a trade deal between the US and Mexico. The deal makes modest revisions to the previous North American Free Trade Agreement (NAFTA), and clears up some of the uncertainty surrounding the trade environment.
The annual report by Infosys and others reflects an industry that is largely satisfied with the work that is being done, but with a recognition of areas that need improvement.
In the final run-up to the midnight deadline, Canadian and U.S. trade negotiators reached agreement on the language for a NAFTA replacement.
Federal judge finds chemical manufacturer and NVOCC liable, not the shipowner or liner company.
JAXPORT has named Jacqueline Glass as its new director of procurement services. Glass has more than 25 years of experience as a supply chain professional focused on strategic sourcing and […]
China’s National Bureau of Statistics reported slowing growth pointing to weaker exports as the China Manufacturing Purchasing Managers Index (PMI) dropped to 50.8 percent, down 0.5 percentage points from the previous month to the second lowest reading in 12 months.
There is incredible demand right now for frac sand in the Permian Basin. With the explosive growth in fracking, customers were demanding solutions faster than GE could build them.
In the latest BiTA webinar, we reviewed the state of blockchain with industry experts. Mitch Hixon, Executive Vice President of Membership Engagement, BiTA spoke with Rachel Parker Sealy, Partner, PwC Advisory and Kris Kersey, Director, PwC Advisory, providing insights from PwC’s 2018 Global Blockchain Survey of 600 executives from 15 territories.
The SEC announced that they have settled their lawsuit with the embattled Tesla CEO. Regardless of the outcome, shareholders win.
Update: Latest labor action brings attention to drayage drivers as NFI says union is trying to “force” representation on drivers.
Discussions around the topic of autonomous trucks would not be complete without it addressing three main concerns – job security of drivers, data privacy, and liability issues.
The US trade deficit in goods widened for the third consecutive month in August as another decline exports was paired with a modest increase in imports. The total value of traded volume fell for the month, but remains generally strong relative to last year.
“We are genuinely saints and sinners,” said Judge Collier, “and what we see in this white collar crime is the duality.” When the court is asked to consider all the good, it must also consider the laws that he broke again and again over a period of half a decade.
The popular electronic logging device (ELD) exemption for agricultural haulers is up for renewal before Sept. 30, but it’s longer-term fate may hang with Congress’ ability to pass a budget – or at least a Continuing Resolution (CR) to keep the government open beyond Sunday.
Commissioner Rebecca Dye will meet with interested parties in California and Florida in October.
Witnesses to appear before the Committee on Commerce, Science, and Transportation include the Federal Railroad Administration administrator.
ATA chairman outline group’s legislative priorities for this year.
Action that will be taken includes advance manifests for goods from China arriving in Canada and being trucked across the U.S. border.
Yesterday Uber settled a lawsuit with all 50 states and the District of Columbia, agreeing to pay $148M for covering up a 2016 breach of driver and passenger data.
The lawsuit asserts that water “poured in through a gap in city levees,” and it says the gap was created by a railway underpass owned by CSX.
Factory orders for durable goods rose in August, driven by a large increase in commercial aircraft orders. Orders historically are a leading indicator of future shipments, and August’s results suggest that freight demand on the durable side of the economy should remain solid.
Germany has spent $580 billion towards renewable energy infrastructure, but still would fall woefully short of its emissions reduction goals of 2020. Andreas Kuhlmann, chairman of German Energy Agency explains why.
The higher cost of domestic steel already is saddling car manufacturers with “hundreds of millions of dollars in new, unplanned cost.”
The state’s 25,000 port truck drivers “routinely face wage theft and illegal pay deductions while hauling goods for the world’s biggest brands,” the bill’s sponsor said.
Investigation has determined that ransomware was involved in the “serious cybersecurity incident.”
FedEx, the giant US courier company, proactive adopter blockchain technology and BiTA member, has joined Linux hosted open-source project Hyperledger to further advance the use of distributed ledger in logistics, and transportation.
CEO retiring and COO moving up; aerospace logistics company filling newly created commercial role.
Today, the long-awaited final results are in.
The investment bank issued a report this morning calling for one more spot rate peak in the fourth quarter, followed by a softer 2019 that should still be 12% above the 2012-7 cycle. New price targets were also issued.
Both new home sales and home starts showed some improvement in August, ending months of disappointing activity. Existing home sales failed to expand for the fifth straight month however, and housing in general remains a weak area for freight demand.
Iran’s truckers are on strike in 100 cities for the second time this year, causing fuel shortages. Meanwhile, the Iranian rial is rapidly losing its value, and the country’s biggest crude oil customers are cutting it off.
The report on online transportation platforms does not draw any conclusions about why it’s happening, but it has plenty of data to back up that it is occurring.
Readers of the printed newspaper are on a decline. It is essential that distribution companies that cater to this audience adapt to change, and optimize their logistics processes to increase profits.
How can something so small be such a big deal? For two very significant reasons.
Appropriation of $30 million will help streamline processes, increase visibility and improve risk assessment.
According to an open letter from Walmart to its leafy green suppliers, the company will forge ahead in blockchain development as part of the Food Trust as soon as early 2019.
Brent and WTI prices have reached 4 year highs, and the Brent-WTI spread continues to favor American oil exports on the international market. We explain how longer lateral lengths in Permian Basin horizontal wells are driving truckload demand.
The partnership will be a joint effort in discovering the next generation of connected car capabilities for businesses of any size.
Bernd Heid from McKinsey elaborated on the future of mobility, drawing instances of disruptions in the transportation industry and the need for adapting business models to market and regulatory requirements.
R2 Logistics, Inc., a customer-focused third-party logistics (3PL) service provider, is the latest member of the Blockchain in Transport Alliance (BiTA).
CB Insights says while there has been a drop-off in funding this year, supply chain innovation is becoming a greater concern for businesses around the world.
Nasdaq listed technology firm Ideanomics (NASDAQ:SSC) has formed a joint venture with APMEN Trade Tech Co Ltd., to streamline ports in the Asia Pacific by using blockchain and artificial intelligence in the Port of Shanghai, currently the world’s busiest port.
Maersk, MSC and CMA CGM are implementing fees they say will help cover costs to reduce sulphur emissions; the IMO announces it will not push back the deadline.
Icelandic cargo shipping firm names interim managing director of U.S. operations; American Association of State Highway and Transportation Officials taps next executive director.
The service can search shipments for drivers beforehand to help ensure their trips are consistently profitable. The service puts in the work so drivers don’t have to.
The Carrier Relationship Platform uses data to organize and automate a company’s processes with a unique approach: delivering targeting engagements to strengthen relationships.
The two Koreas consider historic trade agreements in the middle of ‘Autumn Eve’, their peak shipping season.
Three-judge panel could pave the way for the American Institute of International Steel’s appeal to go before the Supreme Court.
Leaders from state departments of transportation across the country participated in a panel discussion about connected and automated vehicles, and the winding road to their ubiquitous adoption.
In September 2017, IKEA Group was one of the first to join EV100—a global initiative created by The Climate Group—and now, a year later, IKEA Group has announced their commitment to moving toward zero emissions deliveries in 5 major cities by 2020.
The smartest minds on Wall Street use charting analytics to quickly identify and then track trends in multiple data sets. Why? Because it works. And now freight professionals are learning how to do the same.
BiTA participated in the Singapore Week of Innovation and Technology (SWITCH) 2018.
ZF, the German automaker has released innovative trucks that can load and unload at the warehouse and last-mile electric delivery vans with level 4 autonomy.
We spoke to T Rowe Price VP Andrew Davis about how traditional investors’ view of the digital brokerage had changed over time.
Hyundai is working on mass producing hydrogen fuel cell powered heavy-duty electric trucks, which would make an entry into the Swiss commercial market between 2019 and 2023.
Britain’s largest ports operator looks to distributed ledger technology to ease cargo movements.
With ELDs in nearly every truck, it was only a matter of time before insurance companies started to utilize the devices. Progressive is among the first, launching a new discount program for truckers that provide Progressive access to their ELD data.
The Chicago based freight forwarder and 3PL announced that it has joined BiTA.
Ford Trucks unveiled its new F-MAX tractor, boasting a high-performance engine with 500 PS, 2500 Nm and 400 kW of braking power. The tractor also has 6% higher fuel optimization over previous models, and delivers lower cost of ownership with 7% reduced maintenance costs.
Commissioners prefer a commercial solution rather than a rulemaking to bring clarity for how and when these fees are assessed by ocean carriers and marine terminals.
Promotions come with new responsibilities and ways of doing business to best serve customers.
Public comment on proposed changes to regulations will be accepted until Oct. 10.
Financial services still the main industry testing blockchains as technology promises to ease transactions. cropping
Volvo Trucks enters the electromobility age with FE and FL Electric truck variants and Vera, a fully autonomous electric truck concept that could redefine transportation within logistics hubs.
What are the implications for independent owner-operators and the industry that employs them as a result of this week’s ruling in New Jersey?
FreightWaves CEO Craig Fuller, Chief Economist Ibrahiim Bayaan, and Senior Meteorologist Nick Austin discussed Hurricane Florence’s impact on freight, the general macroeconomic situation, and the upcoming IMO 2020 regulations on maritime fuel.
Artificial intelligence is a buzzword that has created a lot of hype in the transportation industry. But understanding the technology’s commercial utility is the need of the day.
Consumers are expecting brands to reduce unnecessary waste, source products responsibly, and use environmentally friendly transportation and logistics practices. Does this added pressure and complexity impact a company’s bottom line?
Able Freight Services, a leading global cold chain logistics provider with 25 years in business, today announced it has joined the Blockchain in Transportation Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation industry.
Legislation takes aim at international traffickers of deadly opioids by systematically closing weaknesses in U.S. Postal Service system.
The agency plans to submit its recommendations at the Commercial Customs Operations Advisory Committee meeting on Oct. 3.
Duncan Hunter was ousted after he and his wife were indicted on charges of misusing campaign funds.
Connecticut Port Authority hires business development and special projects manager; British International Freight Association brings on an additional trainer.
Transportation services firm misses first quarter estimates as company accelerates pay raises and bonuses.
AirHelp was founded in 2013, and has helped more than seven million people worldwide to process airline compensation claims worth almost $930 million in total reimbursement.
We may have seen one of the most important legal decisions in the short life of cryptocurrencies. The precedent has been set that they can be regulated as securities.
Although the laws have been on the books for decades, violations — and penalties — still occur.
Freightos raised an additional $44.4 million in a third round of funding, led by the Singapore Exchange, as it seeks to expand into risk management tools for container shipping.
Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the FMC’s Office of Transportation Intermediaries.
Individuals knowing of a reason why an applicant should not receive a license change should contact the Office of Transportation Intermediaries.
FMC reviews nine OTI license applications
Volvo Trucks has unveiled its concept autonomous electric vehicle that it believes could help create a more efficient and cleaner transportation network, while acting as a complement to existing solutions.
A tanker barge operator, a Jones Act steamship line, and North America’s largest 3PL all posted big gains on the day, leading Dow Transports to a record intraday high against a softening broader equities market.
FreightWaves spoke to GlobalTranz CEO Bob Farrell and AFN Logistics CEO Owen Schnaper about the deal.