Dachser’s revenues soar in 2017
After a successful year of record gross revenues, the global logistics company has earmarked 188 million euros for investment in industrial goods and set its sights on expanding its U.S. […]
After a successful year of record gross revenues, the global logistics company has earmarked 188 million euros for investment in industrial goods and set its sights on expanding its U.S. […]
Hyperloop Transportation Technologies is building and testing a Hyperloop network in Toulouse, France which on paper, has the capacity to move people and freight at speeds of about 760mph.
The words ‘realtime’ and ‘visibility’ get thrown around a lot, but most companies offering visibility solutions don’t actually define what they mean by the terms, which confuses the market.
UPS appoints president of U.S. operations, while Geodis picks vice president of U.S. sales and ECU Worldwide names regional CEO for India, the Mideast and Africa.
The average price for a gallon of on-highway diesel fuel hits $3.104, with prices the highest in California, according to the U.S. Energy Information Administration.
Senate Banking Chairman Mike Crapo supports confirmation of Jeffrey Nadaner to lead Bureau of Industry and Security Office of Export Enforcement and reform of Committee on Foreign Investment.
Container throughput at the Southern California port fell 26.7 percent from the same month a year ago to 577,865 TEUs after a record-setting February.
The most challenging part of the Surface Transportation Board Reauthorization Act of 2015 has been assuming the administrative and information technology functions previously housed under the DOT, according to STB […]
Terminals operated by the Northwest Seaport Alliance handled 302,516 TEUs in March, a 9.6 percent decrease from March 2017.
U.S. Customs’ rollout of automated processing is expected to widen the use of one of the oldest trade laws on the books.
XPO announced it is releasing a consolidated digital platform into the marketplace. XPO Connect is the latest digital offering by a transportation provider attempting to offer more visibility an functionality to its customers.
Fullbay may offer a solution to shop owners seeking to relive the five major pain points associated with HD mechanic shop ownership.
Ricardo’s spinoff Dolphin N2 is developing an engine based on CryoPower technology, which it believes can reduce CO2 emissions and boost engine efficiency.
Retail sales rebounded in March after declining in each of the previous three months. This rebound is a return to normal for the retail sector after some volatility in spending following the hurricane season.
The first major transportation provider out of the box with first-quarter earnings has posted a better-than-expected result in revenues with J.B. Hunt Transport Services topped revenue estimates for the quarter.
Precision Software, a provider of global trade management and transportation execution solutions, today announced it has joined BiTA.
The U.S. Surface Transportation Board wants to understand the relationship between a prospective buyer of tracks in Georgia and Alabama and short-line railroad operator OmniTRAX.
The Department of Agriculture and Office of the U.S. Trade Representative finalized an agreement with Argentina’s Ministry of Agro-Industry to restart pork exports to the South American market.
President Donald Trump on Thursday issued an executive order creating an inter-agency task force that will be responsible for recommending reforms for pulling the U.S. Postal Service out of a […]
Year-over-year TEUs handled climb 14 percent and intermodal rail volumes move up 20 percent in March.
The House Transportation and Infrastructure Committee on Friday introduced legislation to reauthorize the programs of the Federal Aviation Administration.
The mid-Atlantic port handled 38.4 million tons of cargo valued at $53.9 billion during the year.
Job growth has improved since the start of the year in the trucking industry. While this is strong step in address the driver shortage, the industry will soon find itself having to compete long-term with other industries desperately searching for skilled labor.
Schneider National and 8VC announced a partnership with Platform Science to develop data platforms to allow carriers to manage IoT data and generate custom, realtime insights.
The technological revolution is underway in supply chain management. The big companies are investing heavily in growing this largely ignored aspect of the industry.
Dolly is a last-mile delivery startup that is providing consumers the power to dictate their delivery processes, by determining when their product needs to be loaded, transported, and delivered.
Flatbed freight remains red-hot with 111 loads for every truck, but what is causing the surge in demand?
A new survey finds that global e-commerce logistics are still handled by manual processes by many, but more technology is finally beginning to take hold.
President Trump is asking for budget increases of more than $1.6 billion to combat explosive growth of drug smuggling.
Transportation Secretary Elaine Chao encourages legislative action clarifying the electronic logging device mandate.
Air freight volumes at the 20 busiest airports worldwide grew 6.8 percent last year, but the “specter of uncertainty regarding trade policy among major economies” could dampen growth in 2018, […]
The bridges slated for immediate closure are structurally deficient, Gov. Phil Bryant said, and keeping them open could jeopardize the state’s federal infrastructure funding.
The Pacific Northwest port increased its net profit and operating revenues as well as set a tonnage record as steel and dry-bulk imports surged.
Day & Ross has appointed a new president of its freight group, while Air Partner announced the departure of its CFO.
Goal is to reduce emissions by at least 50 percent by 2050 compared to 2008 while pursuing efforts toward phasing them out.
The activity is growing as developers seek to produce ledger-based solutions
We explain how the yield curve works, how it affects the cost of debt, and what that means for trucking.
Stakeholders testifying before House lawmakers on Wednesday say the United States should work toward a free trade agreement with China rather than impose tariffs.
California State Sen. Ricardo Lara’s proposed legislation would “exert pressure across the supply chain to protect drayage drivers from further exploitation.”
Agricultural industry shippers, who are reliant on the nation’s freight railroads to move their goods, have asked for the expedient confirmation of two Trump administration nominees for the Surface Transportation […]
The Northern California port handled 193,341 TEUs in March 2018, a 2.9 percent decline from the same month a year ago, as loaded imports slumped 1.9 percent and exports dipped […]
Port terminals operated by the South Carolina Ports Authority (SCPA) handled 168,480 TEUs of containerized cargo for the month, a 4.2 percent year-over-year decline, as the authority began construction on […]
U.S. Transportation Secretary Elaine Chao was one of several cabinet members to sign off on President Trump’s One Federal Decision, a framework agreement for shortening the review and permitting processes […]
Shelbyville, Tenn.-based over-the-road trucking company Big G Express entered into an agreement with with SMC³ to use its Transportation Costing Group (TCG) Truckload Cost Information System.
U.S. Rep. Duncan Hunter Jr., R-Calif., told President Donald Trump that he has national security concerns about the global port operator, which plans to lease the port for 50 years.
North American intermodal rates increased another 5.8 percent for the month compared with the same 2017 period, the 18th consecutive monthly year-over-year increase, according to the latest Cass Intermodal Price […]
Growth in domestic truckload rates accelerated to 7.2 percent for the month compared to March 2017, following year-over-year increases of 6.5 percent in January and February, according the latest Cass […]
Today, most assets are still dark, dumb and disconnected. They do their job, but they can’t tell anyone how they are doing, what they are doing and where they are doing it. ORBCOMM believes it’s time for that to change.
Custom Pro Logistics, a Cincinnati based 3PL, has announced its membership in BiTA.
U.S. Rep. Duncan Hunter Jr., R-Calif., told President Donald Trump that he has national security concerns about the global port operator, which plans to lease the port for 50 years.
Airbus is designing passenger modules that can fit inside the aircraft’s cargo compartments, providing passengers an improved air-travel experience.
Increased visibility has been the vision since the idea for Truckstop.com first emerged way back in 1995.
The Southern California port saw a 13.8 percent year-over-year increase in container cargo volumes in March to 575,258 TEUs.
The U.S. House of Representatives passed the STB Information and Security Act (H.R. 4921) and the FRA Safety Data Improvement Act (H.R. 4925) on Tuesday.
Chain.io, a provider of systems integration services for logistics providers, proudly announces that it has joined the BiTA.
The second wave of survey results from CarrierLists shows a similar result as the first. Little to no freight is being sourced by the digital app. The developers may need to dig a little deeper. .
project44, a logistics technology company, seeks to use technology to provide much-needed enhancements to visibility in the transportation and logistics industries.
Data from the Producers Price Index showed that prices for trucking services remain high, and a spillover in demand may be causing a surge in intermodal rates.
DAT’s new OnTime application tracks a truck’s shipment via an app on a driver’s smartphone, giving shippers and 3PLs a low-cost way to monitor their goods movements.
Cargo Chief’s C4 public platform provides visibility within the carrier network to find current—and future—capacity available for a load, and then provides options for booking the load on the spot.
Despite Class I railroads thriving financially in 2017, just last month, the Surface Transportation Board cracked down on the railroads over deteriorating service after hearing from concerned shippers.
AlixPartners says carriers need to address the dual challenges of rising costs and oversupply.
Transportation and logistics companies added 9,800 jobs in March 2018 following two consecutive monthly gains in January and February, according to recent preliminary data from the U.S. Department of Labor.
The United States increased beef, pork and lamb exports during the month in terms of volumes and value compared to February 2017.
The State Department said the agreement will strengthen commercial and economic ties between the countries.
Patriot Rail Co. has appointed a new chief commercial officer, while JAXPORT has named its director of government affairs.
We’re all technology companies, a leading UPS executive tells the huge supply chain exhibition.
SenseTime Group Ltd. just raised $600M from Alibaba and other investors, making them the world’s largest AI startup. SenseTime’s product offerings and strategic plans reveal how closely related mass surveillance and autonomous driving really are.
About 2,400 sheep died from heat stress while being transported to the Middle East from Australia in August 2017, triggering an investigation by Australia’s Department of Agriculture and Water Resources, […]
Imports at ports tracked by the National Retail Federation’s Global Port Tracker surged 15.8 percent year-over-year to 1.69 million TEUs, but the association warned a potential tit-for-tat tariff battle with […]
The U.S. Department of Commerce will impose a subsidy rate of nearly 175 percent on imports of stainless steel flanges, valued at $16.3 million in 2016.
Ship construction standards, pollution and piracy are among the agenda items to be discussed at a May 11 meeting of the State Department-led Shipping Coordinating Committee in Washington, D.C.
RK Logistics names vice president of operations, and Voga-Dnepr Group appoints vice president of sales and marketing.
Stifel returns to trucking with an array of notes on individual carriers and a comprehensive industry update. Analysts expect 12% increase in truckload rates y/y, spillover into LTL and intermodal, and no relief in sight for the driver shortage.
Drivewyze is a connected truck solutions company which uses vehicle to infrastructure (V2I) technology to provide a SaaS solution that lets drivers bypass weigh stations quickly and efficiently.
Job growth fell well short of expectations in March, but trucking hires continued to accelerate as the industry tries to address the current capacity crunch.
Fleet Complete’s IoT solutions are designed to offer fleets of all sizes and vehicle types the advantage of big data analytics.
Turndowns inbound and outbound of Charleston are gradually rising in tandem, indicating a healthy market. Spot rate movements will depend on where capacity is positioned once port traffic ramps up.
After strong fourth-quarter earnings results, weather and other external forces are expected to weigh on earnings reports in the first quarter, resulting in a mixed bag for public companies.
The newly formed joint venture company, dubbed Massterly, will offer “a complete value chain for autonomous ships, from design and development, to control systems, logistics services and vessel operations,” the […]
Global air freight demand rose 6.8 percent for the month, outstripping capacity growth for the 19th straight month, according to the latest data from the International Air Transport Association (IATA).
Total U.S. freight rail volumes grew another 5 percent for the month following a 3.3 percent gain in February, according to the latest data from the Association of American Railroads […]
Trade war fears have caused increased volatility in stock markets over the past month. However, worries over a deep recession caused by protectionism appear overblown for now. The challenge for transportation companies will be less about a collapse in activity and more about adjusting to the new reality.
The Federal Motor Carrier Safety Administration has formally extended an ELD waiver for livestock and insect haulers until Sept. 30, 2018, under terms of the waiver that was included in the Fiscal Year 2018 Omnibus Appropriations Bill.
A Freightwaves-sponsored webinar on the future of blockchain in the trucking and transport sector.
Once the Mason Mega Rail terminal is complete, the Port of Savannah will have a state-of-the-art facility, unique to the U.S. East Coast.
COSCO SHIPPING Holdings Co., Ltd. turned a profit in 2017 and sharply increased revenues during the year amid higher volumes and improved freight rates.
The South Korean government will help local shipping firms place orders for 200 ships by 2020, including 140 bulk carriers and 60 containerships, according to a report from KBS World […]
Transportation management solutions provider McLeod Software has integrated with online freight marketplace Truckstop.com’s payment platform, LoadPay.
BDP International names vice president of global sales and marketing, while Pilot Freight Services appoints two regional vice presidents.
U.S. companies want something done about China’s trade practices, but fret over Trump’s approach to applying Section 301 tariffs on a powerhouse trade partner.
Sudu, a marketplace technology company, is the newest member of BiTA.
Truck sales, indices, stock price projections: all are looking bullish
Soybean exports to China have been levied 25% additional tariffs as China hits back with tariffs on U.S. exports worth $50 billion annually.
McLeod’s VP of Special Projects and BiTA co-founder Ken Craig recounted the early days of the Blockchain in Transport Alliance and explained the importance of data standards to the transportation industry.
Honolulu-based ocean carrier Matson said two of APL’s vessels should not be eligible for Maritime Security Program payments.
The Federal Maritime Commission’s investigation into potentially unfair free time fees will help establish more uniform and predictable demurrage and detention practices at ports, according to Megan Montgomery, executive vice […]
Container shipping demand growth in 2018 and 2019 is likely to outpace fleet growth, resulting in slightly higher freight rates and profits for carriers, but, recent escalation in trade hostility […]
A tanker transiting the Bab al-Mandab, one of the busiest shipping lanes in the world, was attacked by Houthi rebels Tuesday.
The number is 175,000 out several years, against a base of a half-million.