Intermodal pricing increased another 5.4 percent for the month compared with the same 2017 period, the 17th consecutive monthly year-over-year increase, according to the latest Cass Intermodal Price Index.
The US appears set to impose significant tariffs on China, raising the threat that the economy may find itself in a full-fledged trade war
ThreatAdvice a provider of cybersecurity education, awareness and threat intelligence announced today that it that it has been admitted into the Blockchain in Transport Alliance (BiTA).
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 […]
The Northwest Seaport Alliance’s year-over-year increase in international container volumes in February offset a decline in domestic container traffic.
Michael Khouri, acting chairman on the U.S. Federal Maritime Commission, attended the Fourth Japan-U.S. Maritime Bilateral Meeting and met with regulators at the Japan Fair Trade Commission this week.
The American Trucking Associations’ (ATA) seasonally adjusted For-Hire Truck Tonnage Index slipped 2.6 percent compared with the previous month, but remained 5.7 percent higher than in February 2017.
CSX appoints a new vice president and controller, while Volga-Dnepr hires commercial director.
The ATA’s truck tonnage index fell 2.6% in February, and evidence from rail traffic data suggests that shippers are shifting modes for some freight
Social networks can be treasure trove of information for carriers and shippers, helping them identify risky areas for goods movement, to finding employees who are putting the company at risk, and even finding stolen cargo.
The Uber Freight Plus fuel card provides up to 20 cents off per gallon at TA/Petro fuel stations for users, who also will receive maintenance and phone discounts in the program.
“When there’s no sheriff in town, people get killed,” said Consumer Watchdog, John Simpson. But would the collision have happened even with a person behind the wheel?
Container traffic into the Port of Seattle is down 22.6% YTD, starving the city of freight. Trucking spot rates have cratered, and turndowns have dropped 75% since their peak in October as carriers are forced to accept lower prices.
Hufbauer discussed potential implications of President Donald Trump’s Section 232 tariffs on aluminum and steel, the status of the NAFTA renegotiation, and the chances that the Trump administration could withdraw […]
The technology firm has introduced Skylark, a cloud-based, high-precision global navigation satellite system service for autonomous vehicles.
Singapore-based port terminal operator PSA International increased its earnings 5.1 percent to 1.23 billion Singapore (U.S. $936.3 million) in 2017, as revenues and container volumes climbed 7.8 percent and 9.8 […]
The annualized driver turnover rate at both large and small truckload (TL) carriers fell during the final quarter of 2017 compared with the previous three-month period, but rose when compared […]
Domestic container carriers ramped up capacity by adding vessels, containers and manpower to carry cargo for emergency relief and rebuilding efforts.
Zurich-based tech company Nexiot and German firm VTG Aktiengesellshaft hope to improve the way VTG’s 80,000 railcars assets are tracked by applying blockchain technology.
KeepTruckin raises $50M in a Series C financing. Plans to have 400,000 subscribers by the end of the year
How can it be possible that the government—the source of the lawmaking regulatory bodies—would actually praise a technology that is being censored from major internet platforms?
The Fed is expected to raise rates again this week. This move has been communicated for several months, but what the Fed says about future increases could have significant implications for freight markets and carriers
Shippo’s latest feature lets retailers engage with their customers during the post-purchase period to build loyalty and increase repeat purchases.
There are many services that shippers can outsource, including warehouse operations, and doing so can provide added value to the shipper through expertise that 3PLs can provide.
Arrive Logistics will host a webinar on March 29 with use case examples and tips on how shippers can reduce their shipping costs.
Shippers are increasingly being held responsible for actions of carriers hauling their freight, says a leading transportation attorney.
Cashflow Corner presented by TriumphPay …Nexus is when a trucking company owes taxes in multiple states, but many companies are not aware of when this happens because of confusing state laws.
Shippers that work closer with carriers and treat drivers with respect can see lower transportation costs as a result.
Crete Carrier had a 400% increase in load turndowns in February and that is just one of the metrics that indicates the current conditions of the freight market.
Lt. Gen. Todd Semonite, commanding general for the U.S. Army Corps of Engineers, told lawmakers he expects to complete five chief’s reports and recommend changes to two private sector-sponsored projects […]
The Senate confirmed Kevin McAleenan to serve as commissioner of U.S. Customs and Border Protection by a vote of 77-19 on Monday.
Amsterdam-based TMA Logistics has officially unveiled its investment in the New Silk Road Initiative.
An Uber self-driving SUV struck and killed a pedestrian in Tempe, Arizona, the first known time a pedestrian has been killed by an autonomous vehicle.
The U.S. has been particularly bad over the last few decades at helping people who’ve lost out during periods of technological change. Is there a new emerging story?
Orders for new Class 8 trucks are surging, but used truck prices and workforce growth are weak, suggesting that overall trucking capacity is staying flat.
The U.S. Department of Agriculture and its counterpart in the South Korean government have reached an agreement on how to minimize the trade impacts when future cases of highly pathogenic […]
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
Individuals knowing of a reason why an applicant should not receive a license should contact the Office of Transportation Intermediaries.
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
The U.S. maritime regulator has received 22 ocean transportation intermediary license applications and changes for review.
FMC reviews 22 OTI license applications
The U.S. Federal Maritime Commission has received 22 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from ACM Enterprises Group, Carson, Calif. (Edgar […]
FMC reviews 22 OTI license applications
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
UPS appoints managing director of UPS Korea, Amsterdam Airport Schiphol names cargo head, the National Retail Federation (NRF) appoints NRF Foundation president, and United Properties picks asset management vice president.
Anthony Reardon, the head of the union representing U.S. Customs and Border Protection (CBP) port officers, has raised concerns about the agency’s and Congress’ dedication to hiring more officers to […]
Atlanta-based supply chain consultancy firm Chainalytics and UK-based ocean shipping consulting firm Drewry Supply Chain Advisors have officially formed a partnership through a joint venture, The Ocean Buying Group.
One year after launch, FreightWaves takes the top spot for news in the freight and logistics industry according to Amazon’s Alexa.
Inventories picked up in January, but low inventory/sales ratios mean that carriers with remain under pressure to hit tight deadlines.
Shippers move more freight into the contract market to avoid higher spot market rates
Britain’s pending withdrawal from the European Union spells traffic doom for Calais, according to the Calais port’s boss, Jean Marc Puissesseau.
Job openings reached a record high in the January JOLTS data. Results were especially pronounced in the transportation and warehousing sector, where openings surged and hiring failed to keep pace
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Manufacturing industrial production surged in February, but housing starts slipped in a mixed day for freight demand
LoadDocs uses machine learning to digitize paperwork of fleets, thus helping them reduce operational friction and increase workflow efficiency.
The current exemption ends April 19.
The Trump administration accused Russian-backed hackers of carrying out systematic operations to penetrate and sabotage power plants at will.
The French ocean carrier turned a profit in 2017, partly due to its acquisition of APL in mid-2016, and expects volumes to continue to hold strong this year.
The Dubai-based container terminal operator increased its profits, revenues and throughput in 2017 from the prior year.
The Limassol, Cyprus-based port terminal operator posted a net loss of $53 million compared with a $61 million profit in 2016, despite rising volumes and relatively steady revenues, according to […]
For months, West Coast spot rates have been softening, allowing brokers to take big margins and shippers to move freight inexpensively, with short lead times. That’s about to change.
Blockchain’s digital potential for the supply chain industry is gaining so much traction because of the inefficiencies of tracking goods through so many paper-based sources and multiple interfaces.
An optimistic Q1 guidance document released by Covenant Transport yesterday caused the carrier’s stock to jump 5% this morning. We explain how the team fleet is exploiting the new ELD environment.
PLM, a leader in technology-driven fleet management solutions for refrigerated trailers, announced today that it has joined the Blockchain in Transport Alliance (BiTA).
Health company higi is opening up resources at its 11,000 self-screening health stations to truck drivers who are members of Rolling Strong for free biometric testing.
UniGroup, a leading transportation and logistics company that owns two of the nation’s largest moving company brands–Mayflower and United Van Lines–has joined the Blockchain in Transport Alliance (BiTA).
Being an owner-operator or small fleet owner requires more know-how than just driving a truck. Kevin Rutherford explains.
When a 3PL is involved in moving goods, there are a number of liability areas where that 3PL could be held responsible, from the actions of the carrier to condition of the goods.
House members expressed concern about the stability of the Coast Guard budget, as well as the cuts to the Maritime Security Program and PL-480.
Acting U.S. Federal Maritime Commission Chairman Michael Khouri told House lawmakers at a hearing Wednesday that President Donald Trump’s fiscal year 2019 budget request of $27.49 million for the agency […]
The world’s largest ocean carrier has projected Mexico’s container trade will grow 6 percent this year as the country continues to be fueled by various economic tailwinds.
The International Air Transport Association has launched a new online air cargo tool, dubbed Dangerous Goods AutoCheck, to assist airlines, handlers, third-party logistics providers and shippers comply with dangerous goods […]
Broad-based economic expansion is accelerating thanks to “robust” investment growth and increases in international trade, but risks remain in the form of rising trade tensions, according to the Organisation for […]
The Government Accountability Office recommended that U.S. Customs and Border Protection work with partner government agencies to finalize an Automated Commercial Environment (ACE) work plan.
The California port handled 14.9 percent more loaded import containers in February from 12 months prior, reaching 174,902 TEUs.
300cubits adds to advisory board and Cargojet appoints new board chairman.
Carriers are not the only ones benefiting from the current freight environment, so are freight brokers.
Producer price inflation remained relatively modest in February, but trucking prices grew at the fastest pace since 2011
By one measure, the flatbed market has never been stronger.
Energy and financial markets economist joins the FreightWaves data-science team.
The U.S. Department of Transportation (USDOT) will allocate almost $500 million to 41 road, transit, maritime and rail projects under the Transportation Investment Generating Economic Recovery (TIGER) program.
The Ports of Los Angeles and Long Beach both experienced a strong February for containerized cargo throughput, particularly imports, as shippers scurried to get their goods moved from Asia before […]
The logistics arm of Japanese shipping company Mitsui O.S.K. Lines formed a partnership with California-based NEXT Trucking to make it easier for overseas companies to ship cargo to final distribution […]
Strong sales of new trucks is expected to keep used truck supplies rising.
Container carriers transported more than 13.8 million TEUs for the month, boosted by strong growth in exports from Asia and imports to North America, according to the latest data from […]
Fleet management technology provider EROAD adds expertise to growing coalition developing blockchain standards for the freight industry with BiTA membership.
Transport Logistics International (TLI), a Maryland-based company that provides transportation services for nuclear materials, has agreed to pay a $2 million criminal penalty to settle allegations of bribing a Russian […]
The NFIB Small Business Optimism index jumped near its all-time high in February, and details of the report suggest that this optimism is beginning to translate to economic activity
Loadsmart is changing the traditional freight brokerage business by using data analytics to provide instantaneous quotes to shippers for freight hauling.
The Port of Oakland on Monday released a plan for the next five years, dubbed “Growth with care,” that envisions more jobs and economic stimulus, as well as 8 percent […]
Ports covered by the National Retail Federation’s Global Port Tracker handled 1.72 million TEUs of imports for the month, a year-over-year increase of 1.8 percent, but the association warned new […]
President Donald Trump has removed Rex Tillerson as Secretary of State and said he plans to replace him with CIA Director Mike Pompeo.
Beam Bros. Trucking and its two owners have agreed to pay $1,025,000 to resolve allegations that they overcharged the U.S. Postal Service on contracts to transport mail, according to the […]
A rash of recent announcements from tech startups have revealed that self-driving trucks are already among us–and there is nothing to fear.
At Macquarie’s Montgomery Summit, Paul Brody, EY’s Global Innovation Leader for Blockchain Technology, laid out a framework to determine whether a given use case would be better served by blockchain or a centralized database.
Waymo announced late on Friday that its self-driving trucks will begin delivering goods for Google’s logistics operation in Atlanta.
