While blockchain and Bitcoin were invented simultaneously, there are a lot of applications of blockchain technology in transportation and logistics that don’t depend on cryptocurrencies.
Perhaps one of the problems for the lack of transparency and widespread adoption of technology for farmers and the agricultural community at large, is the association of bitcoin with blockchain. […]
Morgan Stanley says that shippers with low gross margins, bulky merchandise, and relatively low cost of goods sold who outsource their transportation needs are at the mercy of rising freight costs and will face EPS headwinds in 2018.
The union and employers revealed Friday they will resume master contract discussions, saying that issues and concerns regarding automation, which caused the talks to come to a halt in December, […]
Sources say little headway was made last week in talks between the union and New York Shipping Association where employers are attempting to bring costs and productivity more in line with other […]
Orient Overseas International Ltd., the parent company of container carrier OOCL, reported a profit attributable to equity holders of $138 million in 2017, as OOCL experienced “tremendous” growth in both […]
Transportation and logistics companies added 15,400 jobs for the month following a revised 11,800-job gain in January, according to recent preliminary data from the U.S. Department of Labor.
The Swiss-based freight forwarder reported net earnings of 57.5 million Swiss francs (U.S. $60.6 million) on CHF 5.53 billion in net forwarding revenues during 2017, year-over-year increases of 9.9 percent […]
The Adam Smith Project recently sat down with Brenda Smith of U.S. Customs and Border Protection’s Office of International Trade to review the agency’s progress on implementing the Trade Facilitation […]
The Commerce Department preliminarily determined that Chinese exporters of forged steel fittings to the United States receive countervailable subsidies, and is scheduled to announced its final countervailing duty determination July […]
Using machine learning and artificial intelligence to predict supply chain demand is the focus of a collaborative effort between JDA Software and the Massachusetts Institute of Technology (MIT), Supply Chain 24/7 reports.
While driver pay has been inching up, something else has been increasing: guaranteed pay programs.
The current level of freight strength would be notable if it were June, September, or October, but it’s not. It’s February data. It is impossible to predict exactly how long this will last, but at least through 2018 we expect capacity to remain tight.
Rep. Sam Graves (R-MO) is pushing a vehicle miles tax in Washington as the solution to funding road and infrastructure improvements rather than raising fuel taxes.
The economy added over 300,000 jobs in February, and trucking hires improved for the fourth consecutive month
The Pulse system brings trailers up to speed with today’s smartest trucks.
Looking at the status of smart contracts, supply chains and the role of tokens.
Lars Jensen, chief executive officer of Seaintelligence Consulting, said that although consolidation among the largest carriers is likely coming to an end, smaller, niche carriers are just getting started.
The largest port on the U.S. East Coast handled 585,864 TEUs during the month, the most of any January in port history, according to the most recent data from the […]
The mid-Atlantic port saw throughput of containerized cargo fall 0.7 percent year-over-year in February 2018 following a 3.5 percent decline in January caused in part by the loss of workdays […]
Total U.S. freight rail volumes grew 3.3 percent for the month following a 0.1 percent uptick in January, according to the latest data from the Association of American Railroads (AAR).
The Tesla is not a zero-emission vehicle as it produces a tremendous amount of CO2 during its production and largely utilizes electricity which is drawn from non-renewable resources.
Global air cargo demand soared 8 percent for the month, but recently announced U.S. import tariffs on steel and aluminum could bring volumes back down to earth, according to the […]
The global freight logistics industry is in the middle of a transition driven by a confluence of factors ranging from urbanization to the rise of e-commerce, and from automation to intermodal platforms.
Presented by Reliance Partners …For truly safe trucking companies, chameleon carriers are a problem. But it is one that data is helping solve.
From device connectivity to data monitoring to data analytics to automation. The solution sweet spot is ultimately automation.
The Tesla Semi has finally hit the road. Tesla founder Elon Musk posted a picture of two Tesla Semi’s leaving the company’s Gigafactory in the Nevada mountains for a trip to California.
“We are committed to creating technology to enable drivers to improve their lives,” says Konexial CEO, Ken Evans.
Starsky Robotics recently tested its unmanned fully autonomous truck on the U.S. highways, a milestone across the autonomous segment.
The German mail and logistics company posted revenues of 60.4 billion euros for the year, rising 5.4 percent from 2016, despite encountering headwinds from currency effects.
The spot market isn’t under the jurisdiction of the CFTC, a commissioner tells an industry conference.
How tracking every point in the Champagne supply chain has possibilities for trucking.
OriginTrail, a European developer of blockchain protocols specifically for the supply chain, announced today that it has joined the Blockchain in Transport Alliance.
The trade deficit widened in January, and the prospects of a trade war have clouded the outlook for transportation both in and out of the country
Vehicle uptime has been an area that truck manufacturers have applied increased focus on in recent years, and that is no exception with Navistar.
Shipwell makes it possible for any business to do freight shipping like Amazon via an easy-to-use online platform.
Mack Trucks is hoping its Mack Over The Air remote software update program brings as much success to customers going forward as it has for early adopters.
Filament, a leading developer of blockchain-native software and hardware, announced this morning that it has joined the Blockchain in Transport Alliance (BiTA).
While many other trucking manufacturers talk about uptime, Volvo Trucks noted at its Technology & Maintenance Council 2018 Annual Meeting & Transportation Technology Exhibition press conference that uptime has been a central pillar of service for the company since 1997.
U.S. Customs and Border Protection on Tuesday released its E-Commerce Strategy that recommends changes in data acquisition approaches as part of the agency’s counterfeit targeting efforts.
Industry experts detail what’s coming and how we need to get on board the “last mile” technology train.
The Commerce Department has found evidence that silicon metal imports from Australia, Brazil and Norway are being dumped on the U.S. market at less than fair value.
The global logistics software provider is anticipating more acquisitions, but despite being very well capitalized and having a healthy balance sheet, it will continue to be “prudent” in its evaluations, […]
The Commerce Department determined that U.S. imports of polytetrafluoroethylene resin, a substance typically used as a non-stick coating for pans and other cookware, from India are receiving export performance-based subsidies […]
REZ-1 appoints CEO and the American Trucking Associations’ Technology and Maintenance Council elects 2018-2019 chairman.
After seven weeks of decline–considered normal for the season–national van rates stop sliding.
We all know that trucking carriers want more money and better information, but Comdata and FR8 Revolution have discovered the specific pain points in heavy hauling, such as permit requirements.
Total factory orders declined in January, in a sign that surging demand for freight carriers may ease slightly in upcoming months.
The ATA recognizes that “technology is cool,” but also that it had better play its own vital role in adopting and adapting plans in a realistic manner.
Beatsk Micro, a technology-consulting firm with core expertise in logistics, transportation and distribution, has joined the Blockchain in Transport Alliance (BiTA).
“By defining what excellence is, you can share in its success,” said Carlton Rose, UPS’ president of global fleet maintenance & engineering.
Changes could be coming soon to the SmartWay Transport Partnership program, and they may include a number of new designations, including recognition of day cabs in the program for the first time.
The Starship is a futuristic-looking, but completely road legal, Class 8 tractor-trailer unit built through a collaboration between Shell and AirFlow Truck Company.
The trucking group has called on the U.S. House Committee on Transportation & Infrastructure to “urgently conduct” an oversight hearing on the implementation of the Federal Motor Carrier Safety Administration’s […]
President Donald Trump has nominated Patrick J. Fuchs and Michelle A. Schultz to serve five-year terms as members on the U.S. Department of Transportation’s Surface Transportation Board.
The 10,081-TEU Maersk Shanghai lost between 70 and 73 cargo containers Saturday night about 17 miles off the coast of Oregon Inlet, N.C., but all crew members are safe and […]
Declaring that trucking needed, and would have, a seat at the table, American Trucking Associations’ President Chris Spear fired up the crowd at the official opening of TMC 2018 on Monday night in Atlanta.
UPS appoints new chief operating officer and international president, while BDP International names managing director for Middle East, Turkey and Africa.
The Technology & Maintenance Council’s 2018 Annual Meeting & Transportation Technology Exhibition at the Georgia World Congress Center in Atlanta this week is filled with new product and service announcements.
Dana has introduced a new series of axles to replace its 170 Series, further reducing weight for fleets. The new lines features the Spicer S172 single drive axle for Class 7 and 8 vehicles and the D172 tandem axle for construction, heavy haul and vocational vehicles.
Eaton officials utilized their press conference time at the 2018 Technology and Maintenance Council show on Sunday to highlight a few new technologies on the horizon, and talk about the electrified future of trucking.
The North American Council for Freight Efficiency provided more details into its Run on Less challenge from last fall that showed a real-world truck could achieve 10 mpg.
Michelin’s Energy Guard trailer aerodynamic package can help fleets see a 7.4% improvement in fuel savings versus running a similar trailer without it.
As part of an effort to assuage U.S. Customs and Border Protection post-departure filing concerns, the Commercial Customs Operations Advisory Committee (COAC) is developing a concept that correlates the two […]
A new program will provide a quarterly benchmarking report to all TMC members to allow them to compare their unscheduled roadside repairs with those of comparable fleets.
U.S. Customs and Border Protection (CBP) is in the process of investigating 15 duty evasion cases, amidst the executive branch’s budget request calling for 140 more personnel to work in […]
UAE’s state-run enterprise, DP World, gained a new partner in the government of Ethiopia as the port developer and the Somaliland Port Authority reached a deal to develop Berbera Corridor.
iCanDeliver is hoping to capture European market share with its digital freight platform.
All the ELD providers have maintained that the data is safe and that the devices themselves are merely collection units. Teletrac Navman, though, is working towards a certification that would be a first for a commercial GPS/fleet management company.
Fuel taxes disproportinately hurt independent truckers because they are not able to recoup fuel-expenses.
European logistics company Stena Line has confirmed its initiative to test environment-friendly shipping vessels, the Handy Shipping Guide reports.
Stock is down across the beer industry. The tariff costs to the industry will ultimately cost consumers.
Livingston International Inc., a leading provider of freight forwarding, customs brokerage and trade-consulting solutions, announced today its membership in the Blockchain in Transport Alliance.
Even with lower levels of automation, trucks could essentially work around the clock, but what will regulators do about the ELD hours-of-service rule?
Lumber prices are above $500 due to a convergence of high demand and tight supply. Eventually housing starts could be affected by rising material costs.
As the Trump administration makes public its intent to look at using tariffs to address what it believes are inequities in global trade markets, it set the stock market into a tailspin for good reason. We decided to lay out a basic primer and history lesson on tariffs.
Aria Logistics, a women-owned logistics company located in the northeast, is proud to announce its partnership with the Blockchain in Transport Alliance.
AT&T has expanded its fleet management portfolio to now include Geotab’s fleet tracking platform as part of the company’s Internet of Things (IoT) solutions.
Trump recently announced plans to implement tariffs on steel and aluminum imports beginning next week. This move should help bolster the US domestic steel industry, but comes with many unintentional consequences affecting transportation and the economy overall
Gov. Phil Murphy said he wants to help reduce diesel truck pollution at ports, calling it vital to disenfranchised communities surrounding the ports.
The Western Canadian port handled a record 142.1 million metric tons of cargo in 2017, with containerized cargo and bulk grain movements hitting new highs.
Match Factors, a pioneering invoice factor based in South Carolina, announced that it has joined the Blockchain in Transport Alliance (BiTA).
Coal, steel, and the railroads that carry those commodities saw stock gains; auto companies and aluminum-intensive manufacturer stocks slipped on the news.
OnTruck creates a digital freight marketplace which brings shippers and carriers together and provides real-time visibility and transparency on freight logistics.
The merged companies could mean the transformation of the way we consume soda, as well as the consolidation of shipping and shelf space. The product can also bypass retail stores entirely and ship directly to consumers.
Data from the Institute of Supply Management shows that manufacturing activity remains robust in the economy, which has historically meant strong demand for trucking
Daimler Trucks North America has appointed Sanjiv Khurana general manager of trucks connectivity to support its connected trucks initiatives.
North America’s largest manufacturer of electric-diesel locomotives, and a global leader in transportation technology, announced that it joined the Blockchain in Transport Alliance today.
Despite its consistent growth, international trade is very fragmented with small businesses accounting for 1/3rd of U.S. imports. So how would freight movement be for such companies in the future?
The “initial formula” for bond calculation is expected to be finalized by late April, according to a document submitted prior to a quarterly meeting of U.S. Customs and Border Protection’s […]
Driver recruiting, media, data application expert, Ken Smith, joins the FreightWaves team as CTO.
The U.S. maritime regulator collected a total of $465,000 in civil penalties from the non-vessel-operating common carriers for allegedly violating the Shipping Act or commission regulations.
Insurance & Risk Management presented by Reliance Partners … U.S. companies moving freight across the border need additional insurance to cover their Mexican drivers, even if it is only within the border zone
Despite a 3.5 percent decline in January 2018, total throughput at the Port of Virginia so far in fiscal year 2018 is up 4.4 percent compared with the same period […]
U.S. Customs and Border Protection is still working with its Commercial Customs Operations Advisory Committee in finalizing new requirements for the Customs Trade Partnership Against Terrorism.
Shipment volumes for the month slid 1.7 percent from December, but were up 12.5 percent compared with January 2017, while expenditures fell 1.8 percent sequentially, but rose 14.2 percent year-over-year, […]
Drivers say they’re employees, though their classification is as a contractor
Seeking to provide a more comprehensive solution for fleets, Omnitracs has unveiled its Unified Fleet Management platform Omnitracs One.
Intelligent Audit, a technology leader in freight audit and payment, supply chain data analytics, and contract optimization, announced today that it has been admitted into the Blockchain in Transport Alliance (BiTA).
What people who are out on the road are talking about on social media this week.
