Business

Conclusion of pilot Customs program has been pushed back from July to December.

The multimodal transportation services provider is adding about 800 trucks and 4,000 containers.

Global demand for air cargo ticked up 1.7 percent for the month, the slowest pace in 22 months, according to the latest data from the International Air Transport Association.

Deringer’s director of customs affairs and compliance vows to focus on protecting the industry.

The decision would seem to raise as many questions as it answers.

Agile Blockchain Corp. has announced its alliance with the Blockchain in Transport Alliance (BiTA).

Nikola Motor has sued Tesla for patent infringement on its Nikola One, at left. The Tesla model is at right. Nikola claims Tesla violated patents on door placement, wraparound windshield and the fuselage.

The ocean shipping booking platform provider is piloting an automated container freight rate management system as part of a greater effort to drive data digitization and communication across the industry.

Several firms filed substitution drawback for distilled spirits after the new process debuted in ACE, but Treasury has not decided whether such products will qualify.

A mechanism for continuous, supplemental bonding for importers subject to AD/CV duties will go before a committee in June; a Customs Trade Partnership Against Terrorism test likely will wrap up […]

The short-line and regional railroad operator is actively evaluating acquisition and investment opportunities after drastically increasing its net income and revenue.

Industry groups are calling for a Federal Maritime Commission investigation of changes planned by container terminals in Los Angeles and Long Beach.

Data from the Institute of Supply Management shows that manufacturing activity lost some momentum in April, as the current capacity crunch and recent tariffs have impacted production flows

Every new regulatory regime—whether it’s deregulation, the introduction of hours of service, or the ELD mandate—prompts a fresh wave of creative destruction. Some business models thrive, while others go extinct.

The industrial real estate prices have been up for a long time and if market trends are to be believed, they could be climbing for the next few years.

Great Dane announced it has joined the Blockchain in Transport Alliance (BiTA).

Netradyne’s Driveri system records driver behaviors. A new extension of that adds real-time notifications to the driver in the cab.

Along the side of a tractor-trailer is a blind spot for drivers, but it is also an area where incidents can happen. Adding side cameras can help record those incidents.

Regardless of technology, the transportation industry is still built on relationships.

Economic conditions as they relate to freight generally improved during the month. With a few notable exceptions, most of the data released in April (largely covering March activity) either met or exceeded expectations and signal that freight demand will likely stay strong going forward.

The 104-year-old waterway is expected to handle 244 transits from liquefied natural gas tankers this fiscal year.

The largest port on the U.S. East Coast handled 1.68 million TEUs during the first quarter, keeping it on pace for another record-breaking year in 2018.

The asset-light trucking company posted a net income of $57.47 million, revenues of $1.05 billion.

When investing in cyclical companies, such a transports, it is important to first understand what part of the economic cycle we are in.

It’s never fun to have a package stolen. BoxLock is offering the first internet-connected padlock specifically designed to safeguard your deliveries.

Lanehub is developing a social network where mostly shippers and carriers come together to identify long term efficiencies by aligning their networks—and they just lined up another round of seed funding.

It’s OK for an employee to be on the HELP board. Beyond that, the state’s auditor is critical of several people’s behavior.

Virgin Hyperloop One and Hyperloop Transportation Technologies are competing in UAE to build the first hyperloop network in the region.

Tax changes have made leasing an even more inviting proposition for fleets, says the COO of Fleet Advantage.

Autonomous trucks, CSA, hours-of-service and more were topics of a wide-ranging keynote address given by Dan Murray, vice president of ATRI, at the NTPC 2018 conference.

DOT outlines exemption procedures for air taxi operators planning commercial drop-offs

After suffering sustained losses in recent months, one measure of container freight rates spiked 12.8 percent last week, but another slipped 1.9 percent from the previous week.

The industry in the Netherlands makes it the Wall Street of flowers.

TRAC Intermodal has joined the Blockchain in Transport Alliance (BiTA), an organization for the development of blockchain standards and education for the transportation industry.

USA Truck posts a strong first quarter earnings continuing its torrid turnaround pace.

IBM launches a blockchain network to track gold and diamonds across the supply chain.

Economic growth slowed down in the 1st quarter, as payback from post-hurricane surges and poor weather derailed activity in some sectors of the economy.

NS had weak operating metrics in the first quarter, but strong performance. Hub sees a strong pricing environment for the rails.

Kansas City Southern (KCS) (NYSE: KSU) announced today it has joined the Blockchain in Transport Alliance (BiTA). 

NYK Line, MOL and “K” Line, which combined forces April 1 as the Ocean Network Express (ONE), reported a combined loss of $136.6 million in their last fiscal period as […]

The Parliamentary Transport Committee has requested industry input for its review of potential effects on freight transport operations and infrastructure as the country splits from the European Union.

The less-than-truckload motor carrier posted an on-time delivery rate of 99 percent during the quarter as well as higher net income and revenues.

The annual growth rate of 2.3 percent in the first quarter is down from 2.9 percent the previous quarter.

The Class I railway increased net income, revenues and volumes during the quarter from the prior 2017 period.

The trucking and logistics company’s operating revenues for the first quarter of 2018 surged 20.6 percent year-over-year to $156.7 million.

A logistics powerhouse in Africa, the French company allegedly “provided discounted communications advice” in Guinea and Togo in exchange for licenses to operate container ports.

An industry association elects 2018-19 officers and Air Partner appoints interim chief financial officer.

The U.S. Postal Service and Customs and Border Protection have been ramping up efforts to stop shipments of fentanyl, which largely arrive in the United States from China.

Even with a higher cost burden, it still managed an improvement in its operating ratio.

The goods trade deficit narrowed for the first time in seven months, but total trade going in and out of the US actually declined.

Echol Global Logistics a 3PL based in Chicago busts through earnings estimates in the first quarter. A combination of market conditions and productivity improvements paved the way.

The year 2018 is shaping up as one  not seen in trucking in more than a decade, explained Chris Lofgren, CEO of Schneider National, on the company’s earnings call on Thursday morning.

Durable goods orders rose 2.6% in March, driven by a 2nd consecutive surge in commercial aircraft orders. Core orders remained essentially unchanged during the month in a sign that freight demand will continue to normalize.

The company is moving fast in an effort to stay on top of trends, to see industry changes as opportunities, and to continue to act offensively.

The union representing about 25,000 CBP officers cites “forced overtime shifts, multiple deployments away from home and low morale.”

The U.S-China Bilateral Maritime Consultations also included talks on competition and efficiency in the U.S. container shipping industry.

The total value of U.S. cross-border trade with Canada and Mexico increased for the 19th straight month in May.

The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement rose 8.7 percent year-over-year to $86.47 billion in February.

The agency also has been taking a “really strong look” at forced labor used for imported goods.

Knight-Swift’s revenues stabilized despite fewer trucks and shorter length of haul, and the two brands managed to increase their efficiency and improve operating ratios.

As machines become more intelligent over time, it is important to look into how powerful the systems can get and the things that could go wrong under such circumstances.

Covenant Transportation Group saw revenue and earnings increase and predicted that the second quarter presents an even bigger opportunity for the carrier.

The Class I railway increased its year-over-year net income, revenues and volumes.

Oregon Congressman Pete DeFazio is “hopeful” money will be dispersed from the projected $10 billion Harbor Maintenance Fund balance.

Airfreight tonnage rose by more than 20 percent, with strong growth recorded for exports from North America.

The Hong Kong-based ocean carrier projects an annual cost savings of $10 million from improved network operations and efficiency.

Supporters and opponents address proposed changes to labor law.

Prices for used vehicles are expected by the company to stay flat for the remainder of the year.

Truck tonnage fell for the second consecutive month despite generally solid economic conditions. Responses from survey data suggests that the freight is out there, but capacity is preventing tonnage growth

Stord is a software-enabled network of warehouses & distribution centers, which helps businesses improve their operational efficiency by helping them move products swiftly and cost-effectively.

Stord is a software-enabled network of warehouses & distribution centers, which helps businesses improve their operational efficiency by helping them move products swiftly and cost-effectively.

Sales of single-family homes improved for the 2nd consecutive month in a sign that housing activity is beginning to accelerate at the start of spring. This, in turn, should boost freight demand for building materials, furniture, and appliances as households move in and settle.

The self-driving truck startup is striving to deliver dock-to-dock level 4 automation for commercial trucks carrying cargo in the United States and China and has expanded into the port autonomous […]

The latest case of E. coli outbreak is just another example of the impressive capabilities already at our disposal.

Canadian National posted a net income of C$741 million on revenues of C$3.2 billion for the quarter, down 16 percent and 0.4 percent year-over-year, respectively.

Massterly picks managing director and chairman and UPS appoints west region president, while APS Stevedoring names sales and marketing manager and Air Partner hires managing director for its regulatory and […]

The National Marine Fisheries Service on Tuesday announced it will require compliance with reporting and recordkeeping rules of the Seafood Import Monitoring Program beginning Dec. 31.

Results of Endangered Species Act reviews for five species could determine whether endangered and threatened species will remain subject to import and export restrictions.

The final ruling clarifies the process for submitting Kimberley Process Certificates, which must accompany clean diamond exports and imports.

Some carriers allegedly are modifying cargo contract terms because of a lack of trucks at inland locations.

Dispatch Science is a new approach with new technology with constraint-based, problem solving capability with current traditionally based solutions.

Between automation and visibility through constant technology gains and application, SprintShip is striving for perfection in a highly complex and complicated logistics process.

The global logistics software provider, which has made more than a dozen acquisitions since January 2017, unveiled an additional three on Monday, expanding its presence in Latin America and Europe.

The Treasury Department’s Office of Foreign Assets Control on Monday said U.S. companies with business ties to the recently sanctioned aluminum producer and its subsidiaries will have until Oct. 23 […]

The 24-year-old Texas-based company provides logistics and information technology services to rail shippers and short lines.

The Jacksonville Port Authority has named an interim chief financial officer, while Roadrunner Transportation Systems promotes president to the board.

Foreign companies want to invest in U.S. marine terminals, but they face government scrutiny that could curtail or even block their efforts altogether.

Trucking employment has grown a healthy 32% since 2012, but very small and small fleets are absorbing the new drivers, leaving large carriers struggling to seat their trucks.

The third installment of CarrierLists and FreightWaves load sourcing survey has more of the same. We dig a little deeper to see something about the industry that is seemingly obvious, but is it?

The third installment of CarrierLists and FreightWaves load sourcing survey has more of the same. We dig a little deeper to see something about the industry that is seemingly obvious, but is it?

Many fortunes have been made doing exactly the opposite. 

Chinese telecom firm ZTE says the Commerce Department’s latest embargo will “severely impact the survival and development” of the company as well as cause harm to its U.S.-based partners.

The February reading of FTR’s Trucking Conditions Index, along with steadily increasing orders for Class 8 trucks and trailers, “reflects an environment for carriers that has never been better,” according […]

Wall Street analysts tracking the Class I railroad said the $639 million still fell short of expectations.

The intermodal equipment provider and chassis pool operator has joined the Blockchain in Transportation Alliance (BiTA), an organization dedicated to the development of blockchain for the freight transportation industry.

Matthew M. Sturges formerly was majority staff director for the House Transportation and Infrastructure Committee.

The U.S. Justice Department said Christopher M. Holbrook used excessive force against an individual in Las Cruces, N.M., and then falsified his report.

The Los Angeles Harbor Commission appoints a new president and the Port of Vancouver USA hires a director of economic development, while Acuitive Solutions names its chief operating officer.

Volatility returns to commodity markets, with oil, aluminum, and nickel posting huge price increases. How long will these price shocks last, and how will they affect the economy?

Responses from the Federal Reserve’s Beige Book on regional economic conditions show that recent tariffs and capacity issues in freight are starting to pressure businesses.