Bailey and Brittin leading Transportation Institute at the University of Denver; Gonçalves joining Institute of International Container Lessors; and O’Brien and Bordelon serving Shipbuilders Council.
Bipartisan-proposed law would require a share of LNG and crude oil exports to be carried on U.S.-built ships registered in the United States.
If there was one obvious theme of the second demo period at FreightWaves’ Transparency18 event on Tuesday, it was blockchain. Six of the nine presenters in the session demonstrated solutions that involved blockchain technology.
The first round of technology demonstrations at Transparency18 shared a common theme of integrated disparate systems, data formats, and devices. It’s clear that the action in freight tech has shifted to aggregating and analyzing data, not simply generating it.
FreightWaves announced the launch of Sonar, its SaaS platform for freight market data. Michael Vincent, EVP of FreightWaves, demonstrated the product at Transparency18 in Atlanta.
Startups and incumbents at the demos today are building transparency into their products. Historically freight has been very opaque. The change is emerging here and now.
HCL Technologies, a leading global technology company, today announced it has joined the BiTA.
Unemployment rate across the U.S. has fallen below 4% and is creating problems for recruiting and retaining skilled labor in the logistics industry.
Panalpina has joined the Blockchain in Transport Alliance (BiTA), a forum of leading tech and transportation companies for the development and implementation of blockchain standards in the freight industry.
Less than one week after announcing it was selling many of its business entities to TruckThat, One20 has said it will cease supporting its electronic logging device (ELD) as of June 18, 2018.
Obtaining data that is both clean and usable remains a challenge for the industry, one that blockchain is promising to solve.
We may not have seen full-scale industrialization with blockchain applications just yet, but we’re not in the early days anymore. Big change is coming.
Agency will decide later this week whether to allow revision, seek more information or block changes.
As blockchain technology works its way into the transportation ecosystem, there is remains plenty to learn about its potential, but its success will depend on multiple parties working together.
Growth in domestic truckload rates accelerated to 8.2 percent compared to April 2017, according to the latest Cass Truckload Linehaul Index.
North American intermodal rates in April climbed another 6.6 percent, the 19th consecutive monthly year-over-year increase.
Lifshatz is appointed CFO; Thrasher and Pay get new roles.
Evidence shows products from Vietnam are made from substrate originating in China and circumventing U.S. antidumping and countervailing duties.
Smart contracts will lower the labor costs—and thus the price—of receivables factoring, but don’t expect same-day payments because the technology won’t change fundamental capital requirements, says Triumph’s Jordan Graft.
The top managers in the space are acknowledging that cryptos are a thing, but just how much of your net wealth should you put into them?
BiTA announced it would be forming Think Tanks to help identify industry pain points that blockchain could help solve. The Alliance also said the first BiTA Standards should be out before the end of 2018.
The new Blockchain in Supply Chain Alliance (BiSCA) is designed to meet the needs of supply chain participants looking for education and guidance on the development of blockchain standards.
Intelligent Audit will demonstrate Intellichain, an end-to-end payment verification and processing blockchain for the transportation and logistics industries on Tuesday at Transparency18.
In the wake of the House Appropriations Committee allocating just $250 million for port projects, the AAPA is demanding additional funding from the government, to keep up with the spike in growth of multimodal freight.
The Shanghai Containerized Freight Index fell 3.2 percent last week, while Drewry’s World Container Index slipped 1.1 percent from a week prior.
Throughput at terminals operated by the Northwest Seaport Alliance slipped another 1.1 percent for the month following a 9.6 percent year-over-year decrease in March.
Germany’s largest port saw a 18.2 percent year-over-year decline in bulk cargo volumes.
Scroll Network announced its affiliation with the Blockchain in Transport Alliance (BiTA).
Blockchain systems, to have an impact, will need to speak to each other. Standards are needed to make that happen.
China and the United States issued a joint-statement regarding trade consultations and a desire to support bilateral trade between the countries.
Amazon has been in talks with major hospitals across the U.S. to look into the possibilities of venturing into the healthcare supply chain.
Target’s Restock program is a direct competitor to Amazon Prime Pantry, and now the retailer is rolling out the program nationally with free shipping and next-day delivery for all Redcard purchases.
As the trucking industry continues to broadly install and learn to use the ELDs, there are beginning to be large disparities in the way the devices are impacting capacity via mode.
For some customers in the Cincinnati area, their packages are now being dropped on their doorsteps – literally.
E-commerce sales shrugged off a weak quarter for retail overall, and the resilience of online shopping should continue to drive innovation in transportation and freight markets as businesses look to take advantage.
The International Maritime Organization aims to reduce ship emissions by 2020 and 2050, causing shipping companies to weigh antipollution technologies.
Loaded export container traffic drove the 3.8 percent year-over-year increase in overall container volumes.
The Brent-WTI spread has widened considerably to $8.25, a bullish signal for demand for American oil exports and truckload miles.
CoLoadX is a shipping marketplace that helps freight forwarders and NVOCCs in finding better quotes, routing options, and in executing transactions faster.
Maersk grew its revenues by acquiring Hamburg Süd and selling off Maersk Oil, but reported negative earnings on increased fuel prices and low spot rates.
Oil prices could go over $90 a barrel by 2020 due to IMO regulations that put a cap on the sulfur emissions in the shipping industry.
Consolidated Chassis Management has joined the Blockchain in Transport Alliance (BiTA).
Roadrunner Transportation Systems announced today that it has joined BiTA, a group dedicated to implementing standards for the digitalization of the supply chain.
As fleets adopt more advanced safety system, the issues of initial and ongoing driver training become the primary vehicle to the success of those system.
The hype behind applications in cargo movement might be well-founded, but blockchain’s early-stage evolution makes it impossible to predict where the technology will go from here.
Second-largest container carrier Mediterranean Shipping Co. will continue to transport “certain legally acceptable cargoes” like food during the wind-down period.
Edward R. Hamberger, president and CEO of the Association of American Railroads for more than 20 years, will be retiring in early 2019.
There’s nothing done at large scale today. That’s just not reality. There’s still more questions than answers. But what is being done, and how?
Output from the nation’s industrial sector climbed for the third consecutive month, as broad gains across industries helped compensate for a lull in auto production. This serves as yet another sign that freight demand will remain solid in the 2nd quarter.
High capacity, steady rise in oil prices, a weaker U.S. dollar and a dull spot market had sunken margins of shipping majors in Q1 2018.
The Freight Movement is in partnership with Arrive Logistics …Moving freight to its final destination starts with the ability of a shipper or broker to find available capacity. That load tendering process is rapidly changing.
The city vows to fight the ruling that its decision was based on information “riddled with inaccuracies, major evidentiary gaps, erroneous assumptions and faulty analysis.”
The logistics technology startup snags $7 million from Wavemarker Partners to finance global expansion.
Shipa Freight, a spinoff from Agility, has created a platform that makes it easier for SMEs to book air and ocean freight online.
Retail activity improved again in April, helping to reinforce the idea of stronger consumer spending in the 2nd quarter. This should help sustain freight demand as retailers look for inventory replenishment and last mile residential delivery services
Transparency18 sponsored article… IA looks to leverage data gathered from all parties involved in the journey of a shipment to help bring total visibility into the industry and untangle the mess that is transportation data.
FreightOptics, the freight auditing and optimization software with business intelligence, cost allocation capabilities, and a web-based transportation management system, announced today it has been admitted to the Blockchain in Transportation Alliance (BiTA).
The Northern California port handled 75,369 TEUs of loaded imports for the month, surpassing the previous high-water mark of 75,243 TEUs set in April 2006.
Brad Taylor, VP of data and IoT at Omnitracs, spoke to FreightWaves about the intersection of ELDs and blockchain technology before the BiTA spring symposium next week.
Commission sets roadmap for evaluation of whether “block exemption” that expires in 2020 should be extended.
The asset-light third-party logistics company benefits from volumes growth and new business wins and prepares for “new chapter” with CMA CGM.
Throughput of containerized cargo at the Southern California port rose another 10.8 percent year-over-year for the month to 618,438 TEUs.
The project will be powered with Virgin Hyperloop One’s technology to “enable ultra-fast, on-demand deliveries of high-priority goods and can revolutionize logistics, support economic zones, and create thriving economic megaregions.”
Learning Machine has developed an application for issuing and verifying official records using the blockchain as a secure encrypt of trust, which could help reduce driver identity fraud and loss of freight to theft.
According to Bo Mitchell, there are more than 1,300 deaths per year as a result of “intimate partner violence” and many of them occur in a workplace environment. Two people are killed each day in America in the workplace as a result of a firearm or knife attack.
The International Chamber of Shipping supports low-sulfur fuel but worries about price, availability and operational challenges.
The Greek containership owner and leasing company benefited from fleet utilization improvements and higher time charter rates.
Imports at ports tracked by the National Retail Federation’s Global Port Tracker slipped just 0.7 percent year-over-year to 1.54 million TEUs.
Senger-Weiss will succeed Niessner as Gebrüder Weiss CEO; Destriau has been named CFO of ZIM; and Team Worldwide makes appointments.
It will literally take an act of Congress to right the sinking USPS ship. Even heavy attrition and solid growth in packages and shipping can’t stop the losses.
The pharmaceutical industry witnesses the DSCSA legislation which makes it mandatory for companies to provide visibility and traceability in its supply chain.
Convoy revealed Monday morning that U2’s Bono and The Edge quietly invested in the company last year.
Post the U.S. pulling out of the Iran Nuclear Deal, Iran has lashed out saying the U.S. is trying to drive up oil prices to help in strengthening the US dollar.
Get the package there and get it there on time. A simply ask, but one that has become increasingly difficult in recent years as e-commerce has exploded and retailers and e-tailers fight for those dollars.
Nitta Kisen Kaisha admits deliberately discharging oily bilge into the waters off North Carolina last year.
The Taiwanese ocean carrier did say its year-on-year growth in revenues and volumes was better than expected.
Drivers are required to reconstruct hours of service on paper if their electronic logging devices stop working.
The four-day program, announced during a Rise of the Rest seed fund stop in Chattanooga on Thursday, is free to company founders “building revolutionary businesses across the supply chain and […]
The number of cars handled during Q1 increased 20 percent, largely driven by growth at the Volvo Cars production facilities.
Suddath Global Logistics (SGL), a division of The Suddath Companies, joined the Blockchain in Transport Alliance (BiTA).
According to at least one analyst, Tesla may be putting its ambitious Semi project on hold as it tries to solve its many other issues, including Model 3 production.
Brokerage firms struggle with finding carriers for loads and real visibility in the industry is still a concern. Trucker Tools is providing a solution to this predicament through its Smart Capacity feature.
A truck driver probably isn’t going to choose which company to drive for based on a fuel card, but the cards are becoming a more important tool than ever before as part of the experience that more fleets are selling to attract and retain drivers.
Continuing its commitment to leveraging emerging technologies, the Florida East Coast Railway has joined the Blockchain in Transport Alliance (BiTA).
The U.S. Justice Department is stepping up its efforts to penalize companies that engage in bribery with foreign government officials.
The first-of-its-kind notification filed under the World Trade Organization’s Committee on Agriculture claims India “substantially underreported” its market price support.
The company continues to focus on organic growth and expanding its footprint in the refrigerated market.
The global logistics company thrived from a lower effective tax rate and higher ocean and airfreight volumes.
A contract is extended, a chairman is elected and industry leaders are promoted in Europe, Asia and the United States.
The Virginia Port Authority plans to launch the Navis N4 terminal operating system this weekend at Virginia International Gateway, which also will see new container stacks coming online this month […]
On Tuesday, German logistics and postal provider DHL posted disappointing earnings for the 1st quarter of 2018, with headwinds from currency and the sale of one of its supply chain subsidiaries leading to a decline in revenue to 14.75 billion euros
The intensifying shortage of drivers is the result of several key issues relating to supply, demand, and new regulations—and is expected to have a significant impact on oil supply.
TransCard is a SaaS-based funds disbursement and management platform that has introduced a new incentive payout platform, which allows 3PLs, drivers, and carriers to pay their representatives instantly when they achieve their incentive goals.
Data on producer prices shows that overall inflation pressure cooled in the economy last month, as big declines in food prices offset gain in other areas of the economy. Trucking prices remained essentially unchanged for the second consecutive month, but remain elevated relative to this point last year.
Today, CJ Logistics announced it has joined BiTA, an alliance of companies in the freight space dedicated to developing global, open-source standards for the use of blockchain technology in the supply chain.
After the race to consolidate, the world’s container shipping industry must resist injecting too much new capacity into an already volatile market.
The mail and logistics company’s revenues for the quarter were driven down by negative currency effects and the sale of Williams Lea Tag.
The Class I railway reported a net income of $1.1 billion on revenues of $5.6 billion.
Passenger and freight coming to a hub near you—sooner than you may think.
Job openings pushed to a fresh record high at the end of the 1st quarter, indicating that labor market conditions remain healthy in the overall economy. The openings rate in the transportation sector continues to outpace the rest of the economy, and the pace of hiring provides further evidence that the industry is struggling to find workers.
