According to a survey by PwC, 84% of respondents are actively involved in blockchain. The Blockchain in Transport Alliance (BiTA) could be the industry’s answer to the ever-pressing question of standardization—after all, 45% of the survey’s respondents believe that the issue of trust could delay blockchain.
With a vision of bringing “trucks, trailers and goods online,” KeepTruckin continues to innovate and invest in technologies that improve the lives of drivers.
Maersk foresees a $2 billion increase in fuel costs due to sulfur-emissions cap; U.S. consumers might witness increase in car prices after U.S.-Mexico deal; Indonesia is seeing a tremendous growth in ecommerce; German car manufacturers are facing a battery production crisis.
Logistyx Technologies (www.logistyx.com), a leading developer of Transportation Management Execution™ shipping software, today announced it has joined the Blockchain in Transportation Alliance (BiTA).
Regional surveys from Federal Reserve districts were mixed during the month, as softening conditions from the Philadelphia and Kansas City districts were offset by improvements in the Richmond and New York regions. Commentary from the regional surveys suggests tariffs, labor shortages, and the inability to find trucking capacity are curbing economic activity across the board, though growth remains generally positive.
Technology firms aim to ease process of managing multiple carriers in regional markets.
Global demand for air cargo grew at its slowest pace in more than two years.
The 3PL’s strong financial results were fueled by strong Asia trade and increasing volume in the region.
Load-matching start-up CargoX recently closed a $60 million funding round.
North American trading bloc seeks rewrite with auto industry facing brunt of changes.
LaneAxis is looking to drive efficiency in the trucking network by using blockchain to help shippers connect directly with carriers without brokers or 3PLs.
After remaining flat in 2015-16, the average fleet fuel economy for the nation’s top fleets improved in 2017, according to research conducted by the North American Council for Freight Efficiency (NACFE).
ELD compliance has had ‘significant impact’ on trucking industry
Economy on pace to reach Trump administration goal of 3 percent annual growth.
Focused on intermodal haulage, the company aims to open the market to more small truckers.
Applications come from throughout the United States, Hong Kong and Guam.
The Class I railway says it will meet deadlines for installation of wireless communication system.
Appointments take place from California to the Midwest to Florida.
China has toyed with the concept of bike-sharing but met with disastrous results due to an unsustainable business model and excessive dumping of bikes on the streets. The U.S. bike-sharing startups could take a leaf out of their book and improvise accordingly.
John Henry, director of sales for ZED Connect, explained to FreightWaves how the evolution of the company is developing to deliver vehicle data solutions centered around what its parent company Cummins knows best – engines.
This campaign seeks to increase transparency in programmatic ad buying and support the ways the company’s brands earn consumer attention.
U.S. Xpress placed an automated robocall to a driver, seeking to recruit him to join their company. The result? A lawsuit in federal court.
Drewry’s Philippe Salles says the role of supply chain finance platforms will be instrumental in the digital transformation of shipping.
The voyage is being withdrawn due to China’s National Day holiday.
CBP collected feedback on its joint Air Cargo Advance Screening program with the TSA.
Investment will be used for research and development, product innovation and hiring.
Cameron and Hacegaba named co-leaders; Born’s contract extended; and Doorley promoted.
The Florida port set a record for July as it moves forward with channel dredging project.
California Democrat fervently believes an efficient transportation infrastructure improves the economy and environment.
The investment round values Uber at $72 billion, according to The Wall Street Journal.
President Donald Trump highlights new deal with Mexico involving automobile trade
A package of weak data on both housing starts and home purchases indicates that housing and construction remains one of the few areas of weakness in the economy in the 3rd quarter. This has put some downward pressure on freight demand, as the movement of building materials, furniture, and appliances is influenced by the strength of the housing market.
Joe DeLorenzo, director of the Office of Enforcement and Compliance for FMCSA, went through some of the common problems the agency is seeing since the ELD mandate went into effect, and there have been plenty.
Excluding one-offs, net profit increases 70.1 percent in tough environment.
Container throughput climbed another 7.9 percent from the previous monthly high set last year.
The grants will fund 408 infrastructure projects at 226 U.S. airports.
A staid and technology-averse industry is in the process of changing thanks to new entrants.
While technology startups have jumped into trucking with the latest and greatest solutions, the old guard, if you will, has not been sitting idly by. This week at the Great American Trucking Show in Dallas, C.H. Robinson is showing drivers its Navisphere apps and how they can help drivers and small fleets find freight success.
Ports of LA and Long Beach have reduced emissions by replacing diesel-run equipments with zero-emission engines; oil prices rise over signs of U.S. sanctions on Iran; warehousing workers salaries have seen good increases over the last three years.
The latest round of talks between the U.S. and Mexico on a potential bilateral pact is set to continue this weekend.
Third-party logistics providers say they can help deal with truck and driver shortages.
The blockchain-backed digital documentation was used for a shipment of clothing from China to Slovenia.
Company owners charged with worker safety violations that contributed to the deaths of two employees.
The Swedish port handled about 152,000 cars during the first six months of 2018.
The Coast Guard is prepared to conduct port assessments as quickly as possible to restart cargo deliveries after the storm.
Tax and regulatory cuts boosted the return of manufacturing jobs to American shores, but a trade war could change that.
Salesforce, the original SaaS unicorn and the world’s leading customer relationship management platform, announced that it has joined the Blockchain in Transport Alliance.
Sharelogis Trade Services China Ltd, the leading China-based provider of logistics services and supply chain solutions, announced that it has joined the Blockchain in Transport Alliance.
The concept involves storing a multitude of various types of data within a distributed ledger network, including information about a given package’s destination, its movement and transportation plans for shipment units.
ATA says recruiting, retaining drivers is industry’s biggest challenge.
Average carbon dioxide emissions from ocean container transport fell 1 percent from 2016 to 2017.
The logistics software company says acquisition will enhance its ability to collect and leverage real-time information.
HCI Equity Partners says in amended filing it may enter transaction to help Roadrunner’s balance sheet.
Uber Freight continues to gain scale as the company doubles-down on the business
By offering truck drivers and dock workers micropayments to upload data to the blockchain, Fr8 Network is changing the calculus of technology adoption and pushing the transportation industry forward.
As real estate prices are over the roof, the number of people willing to enter the housing market is at a record high. The mismatch needs to be addressed – possibly by better zonal regulations and technology injection in construction methods.
A mileage-based user fee pilot program using Azuga technology is helping to prove the viability of mileage-based vehicle taxes.
Once blockchain technology reaches a tipping point—with or without tokens—there should be another infusion of funding in the digital ad startup space and, as a result, innovation.
Maersk plans to make extra capacity available to shippers on NYSHEX
Commentary from NCBFAA’s Megan Montgomery: Landmark move cumulation of 30 years of trade modernization support from FMC.
The logistics software solutions provider adds 22 companies and grows profits by more than $8.5 million.
Commerce determines imports from Canada, China, Greece, India, South Korea and Turkey have hurt U.S. producers.
The revamped Customs-Trade Partnership Against Terrorism will adopt several changes as its rollout ramps up in FY 2019.
Cannata, Schiller and Tierney join leadership team; Vekshin tapped to lead charter cargo operations.
Slync, an intelligent platform redefining multi-party interaction, automation, and collaboration throughout the supply chain , has agreed to a multi-year partnership with FreightWaves, the leading data and content source for the freight market.
Serve.io has developed technology protocols using blockchain, which it believes can inject transparency in supply chains and cut out middle-men and exorbitant platform fees within the system.
Cashflow Corner presented by TriumphPay …If you are a smaller company – be it a carrier, owner-operator, broker or shipper – are you really safe from a cyberattack? Here’s what you can do to protect yourself.
The starting left tackle for the Jets has invested in FreightWaves, part of a large technology-oriented portfolio.
American Association of Port Authorities will testify additional duties would reduce competitiveness.
Public input welcomed as proposed changes to hours-of-service rules are under review.
“Yuanben blockchain technology will protect the global freight of the Silk Road,” says platform head.
The airline’s parent, NYK Group, has outlined a plan to get its grounded freighters back to the skies.
Imports subject to both a safeguard tariff and an antidumping or countervailing duty order will be a focus for regulatory auditors.
The Army Corps of Engineers signs off on channel dredging expected to cost more than $157 million.
Revenues for domestic operators exceeded $700 billion in 2017, a 3.4 percent increase from the year before.
Kramer appointed as president; Hughes named director of sales; and Atkinson tapped as senior director of supply chain.
Maersk Line chief executive Soren Skou says ocean carriers need to make the customer experience easier.
The trade tariffs spat between the U.S. and the rest of the world is having consequences at home, as importers and consumers have to contend with the rise in product prices in the country.
Freight.Tech Waves InnovationLab is tailor made to provide early-stage startups a high impact and concentrated exposure about the knowledge, network, and funding source.
Deputy USTR Jeffrey Gerrish says, “We have called on Mexico and Canada to increase transparency, simplify processes.”
Microsoft and IBM’s enterprise blockchain projects consume a lot of media bandwidth, but there is more exciting and ambitious work being done in transport and logistics by a thriving community of startups.
Entry type 86 will be integrated into the Automated Broker Interface early next year.
Throughput at terminals operated by the Northwest Seaport Alliance grew 10.6 percent in July.
The association’s letter to lawmakers pushes for resources for three federal programs.
The world’s largest container shipping company is now digitally distributing its contract rates and amendments.
The less-than-truckload tech provider will launch a rating solution that will provide a base rate for intra-Canada shipments.
Capacity crunch could curtail growth.
The recent slide in spot rates is typical for this time of year, according to FreightWaves’ CEO, and data indicates another peak before Thanksgiving is possible.
SwanLeap has shown an unprecedented 75,660.8% revenue growth over the past three years catapulting the software company to the number one spot.
The swiftness of last-mile delivery is what separates e-commerce brands from each other, and technology adoption would go a long way in optimizing their supply chains.
53% of the survey respondents had never heard of blockchain before, with only 18% able to correctly identify what the technology actually is.
Toyota has unveiled its second-generation hydrogen-electric truck, which builds upon the success of the first model that has been hauling live loads in the Ports of Los Angeles and Long Beach.
The growth for Walmart was strong across the board, but ecommerce and groceries were key contributors.
Global sugar prices fall over record production and decreasing demand; oil squeeze looks to be inevitable; Walmart’s size might not help much if prices keep increasing and trucking market remains tight.
DRIVE-Safe Act would pave the way for truck drivers younger than 21 to legally cross state lines.
A New Hampshire company alleges Growers Express and C.H. Robinson violated intellectual property rights law.
Authorizations for data access and sharing, new processes and resource optimization sought.
Law enforcement stopped 23 containers filled with knockoff handbags, wallets and belts valued at more than $450 million.
The freight-matching tech firm plans to use funding to expand geographically and hire more employees.
Airline names managing director of cargo operations; supply chain integration platform hires two vice presidents.
