TL rates keep on truckin’ in March
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 […]
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.
Construction spending in the economy remains essentially unchanged since the start of the year, as the sector continues to disappoint after a solid 4th quarter. This has implications for flatbed carriers and dry vans, as weakness in construction and home building affects freight demand.
Fraight AI, the industry’s first AI-enabled freight brokerage, announced today that it has joined BiTA.
Transportation is increasing its usage of technology in many areas, but apparently relationships still drive the small to mid-size carrier market when it comes to load generation. Freight brokers could also be blind to an untapped resource…until now.
China has increased tariffs by up to 25% on 128 U.S. products, in retaliation for the tariffs added by the U.S. last week. The Chinese tariffs target farm products, with the severely hit being pork exporters.
Companies are challenged to hire the right personnel and create the internal wherewithal to keep up with compliance challenges bursting forth in 2018.
The U.S. maritime regulator calls on ocean carriers and terminals to provide details on detention and demurrage practices as part of its investigation, dubbed Fact Finding 28.
Smart Trailers: How the new “IoT” can help improve trailer health and optimize utilization across trailer pools.
New management addresses analysts with a pile of back earnings.
BNSF hauls more coal than any other railroad, but the future of American coal production and consumption is an open question. Is BNSF heavily exposed to downside risk or will it be the last coal carrier standing?
Data from the ISM index showed that manufacturing activity pulled back slightly in March, and responses from the survey highlight the impact that trucking shortages and tariffs are having on performance.
The U.S. maritime regulator asked container carriers and marine terminals to provide detailed information about their port demurrage, detention and free-time practices as part of its investigation announced last month.
Motiv is producing an all-electric chassis that offers the same performance and functionality as a diesel or gasoline equipped equivalent.
Wages continue to rise for America’s truckers as the trucking industry contends with driver shortages coupled with an increased demand for shipping services.
ORBCOMM Inc., a global provider of industrial Internet of Things (IoT) solutions, today announced that it has joined BiTA.
To help fleets maximize the value of their equipment, Ryder has launched an Airbnb-type sharing platform that facilities the rental of idle equipment to those in need.
A monthly synopsis of events and results in the macroeconomy from the past month and a discussion of implications for freight markets going forward. Results released in March were generally more favorable than the previous month and suggests that freight demand should remain strong going forward.
The United Nations Security Council designated 27 vessels for port bans, de-flagging, or asset freezes, and prohibited transactions with several shipping companies that have links to North Korea.
The U.S. Trade Representative released its 504-page 2018 National Trade Estimate on Foreign Trade Barriers report, documenting foreign trade and investment barriers over the past year.
Rates between Asia and the United States, Europe and the Mediterranean all declined considerably last week compared with the same period a year ago, but rates from Europe to the […]
Several United States airlines awarded flights to Cuba in 2016 have since returned them, and now the Department of Transportation is seeking to reallocate those flights to other airlines that […]
The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement (NAFTA) rose 9.9 percent year-over-year to $87.96 billion for the […]
The Texas port also posted a 7 percent year-over-year boost in cargo tonnage for the first two months of 2018.
The largest port on the U.S. East Coast set yet another monthly record in February, handling 521,921 TEUs after hitting a new January high a month ago, according to the […]
Convoy put the freight brokerage industry and shippers on notice with it’s automatic detention system.
PAM Transport, Inc., a top 100 largest For-Hire Carrier in North America, announced today that it has joined BiTA.
Businesses with complex supply chains need to stop assuming infinite capacity capabilities and be pragmatic with their capacity planning by leveraging technology.
A limitation on soliciting customers is upheld. Restricting the movement of employees is not.
DHL’s new Global Trade Barometer showed improvement in March, indicating that global trade volumes are likely to gain momentum in the near future
The number of oil rigs and the demand for flatbed trucking are rising in tandem, as WTI prices go up and the Brent-WTI spread widens.
One thing that hasn’t changed (yet) with the ELD mandate is the way drivers get treated at shippers and receivers. The old adage of “hurry up and wait” has never been more apt, especially in the over-the-road truckload sector.
The Federal Railroad Administration (FRA) has released a status report detailing progress by major freight and passenger railroads in the federally mandated implementation of positive train control (PTC) systems.
JD Logistics, the delivery arm of Chinese e-commerce giant JD.com, uses electric bikes as just one last-mile delivery solution. The delivery drivers pick up goods as local “delivery stations” for final delivery.
Under the terms of the preliminary agreement, global port operator Gulftainer Group would lease the Port of Wilmington for 50 years and invest more than $580 million in the port […]
Container volumes from Asia to the United States will grow 6.8 percent in 2018 if there is not a trade war, according to a projection from Drewry Senior Economist Mario […]
Hong Kong-based third-party provider Kerry Logistics Network’s full year profits jumped 13 percent to $2.12 billion Hong Kong (U.S. $269.6 million) as revenues rose 28 percent from the previous year.
The trucking group expressed support for a bill introduced by Rep. Brian Babin, R-Texas, that would allow drivers to take one rest break per shift for up to three straight […]
TOTE Inc.’s president and chief executive officer announces retirement, as well as the Global Shippers’ Forum’s secretary general.
The White House released a list of objectives for a new infrastructure investment bill that reiterated President Trump’s objective of streamlining the project permitting process, but was scant on details […]
Between increasing consumer demands and omnichannel complexity, it’s no easy task to automate and optimize global supply chains—even for one of the world’s largest technology companies.
Several states say online retailers should have to collect sales tax, even in states where the companies don’t have a physical presence.
Profit Tools has developed an Optimization Platform which uses artificial intelligence (AI) and intermodal data points to deliver breakthrough performance and visibility.
Presented by Reliance Partners …Cargo theft doesn’t just happen on the road, it can also happen at the warehouse. To prevent it, leading experts noted some of the approaches that scare away thieves.
The agency will collect comments from stakeholders on costs, benefits, risks, and challenges to adopting positive train control systems through May 7.
Container volumes at the Port of Jacksonville in North Florida jumped 25 percent year-over-year to 100,346 TEUs in February 2018, thanks in large part to a 35 percent increase in […]
Norfolk Southern (NS) promotes vice president strategic planning and vice president industrial products; Port of New Orleans adds to board of commissioners; and CSAFE Global names new CEO.
Today’s tools and approaches for managing contract freight are broken. LE offers a potential solution.