Drivers aren’t robots and one size doesn’t fit all, so in the absence of flexibility, wide-awake drivers attempt to sleep in rest stops on 10-hour breaks during the day, which is what makes the 14-hour clock so dangerous.
Spireon is hoping to solve trailer tracking issues for mixed fleets that require customization with its FL Flex modular trailer tracking solution.
St. Charles, IL-based Simple Logistics is the latest 3PL to become a member of the Blockchain in Transport Alliance (BiTA).
While producer price inflation for the overall service sector has remained fairly benign, hovering between 2-2.5%, freight trucking inflation has been accelerating rapidly. After a dismal 2-year period of declining rates within the trucking industry, prices have picked up, with inflation reaching a 6-year high in January.
Although overall cargo tonnage through the port inched up a modest 1.7 percent in 2017 from a year prior, container tonnage rose 10.9 percent.
The European Union’s international trade in goods surplus narrowed 28 percent to 25 billion euros (U.S. $31.1 billion) last year, as a 7.7 percent increase in exports was offset by […]
Textainer Group Holdings Ltd. and CAI International both improved profits in 2017 compared to the prior year.
House Transportation and Infrastructure Committee member Alan Lowenthal, D-Calif., told American Shipper that Trump’s plan resembles a “skeleton” with “no meat on it,” in contrast with the House Sustainable Energy […]
The two-year Bipartisan Budget Act of 2018 will increase caps on discretionary federal spending by $296 billion, including $165 billion for the Department of Defense, plus provide an additional $90 […]
The Department of Homeland Security is proposing $1.6 billion to drive construction of 65 miles of new southern border walling, and $1.9 billion for Coast Guard recapitalization to “secure maritime […]
The Campaign for Accountability (CfA) alleges that Heath Hall, who recently resigned as deputy administrator of the Federal Railroad Administration (FRA), violated criminal law by making false claims about receiving […]
It seems so simple, but basic attention to detail can help prevent an unwanted interaction with law enforcement, which can lead to increased insurance premiums.
The Federal Reserve reported that total industrial production declined 0.1% in January from December’s levels, weighed down by a 1% decline in mining output in the economy.
The Morpheus.Network, the full-service, global, automated supply chain system with integrated cryptocurrency payments, joins BiTA in building the ultimate importing and exporting platform on the blockchain.
The Owner-Operators Independent Drivers Association has joined efforts to change the current hours-of-service rules to allow drivers to stop driving when they are tired.
OpenPort, the digital logistics platform that uses blockchain technology to transform domestic distribution in emerging markets, today announced that it has joined the Blockchain in Transport Alliance (BiTA).
SeaIntel Maritime Analysis highlighted how utilization and rates on both the Transpacific and Asia-Europe container trades fell in late 2017 when carriers failed to limit capacity.
The trucking trade group has petitioned the agency to allow drivers to stop their 14-hour clock to take a rest break for up to three straight hours, and to eliminate […]
Federal Railroad Administration Chief Counsel Juan Reyes on Thursday defended his agency’s enforcement of positive train control, an anti-crash technology railroads are expected to implement by Dec. 31, 2018.
Despite the Southern California port’s container volumes falling 2 percent in January 2018 from 12 months prior to 808,728 TEUs, it was only the seventh time it had eclipsed the […]
U.S. Customs and Border Protection processed $2.39 trillion in imports during the year, with the number of imported cargo containers at U.S. ports of entry totaling over 28.5 million, a […]
The port said its increase in exports, which increased 2.1 percent to 74,883 TEUs, were boosted by a weak dollar.
Lower sulfur fuel is expected to reduce deaths and illness from small particulate matter, but its use could also contribute to global warming.
The market’s coming up roses for trucking companies, but some company stocks are still viewed as a little high.
Retail sales showed unexpected sluggishness in both January and December, which was revised downward.
In all, 35% of Americans will purchase flowers this year, says the Society of American Florists, totaling some $2 billion in sales, and the most of them get to their destinations via the trucks.
Surfing the web and finding what truckers and others are saying about how things are out there on the road.
Werner Enterprises (NASDAQ: WERN), a transportation and logistics provider, is pleased to announce its collaboration with the Blockchain in Transport Alliance (BiTA), an alliance formed to ensure standardization of blockchain technology in logistics and throughout the supply chain.
The U.S. Senate confirmed Ronald Batory as administrator of the Federal Railroad Administration and Ray Martinez as administrator of the Federal Motor Carrier Safety Administration.
The National Transportation Safety Board last week released its final report on the investigation of the El Faro, a cargo ship that sank in October 2015 during Hurricane Joaquin while […]
Autonomous vehicles may be coming, but it doesn’t appear to be very soon.
A U.S. District Court in Minnesota sentenced a former Canadian Pacific Railway employee to a year in prison on Tuesday for his deliberate attempt to sabotage the company’s computer system.
Terminals operated by Yildirim Group subsidiary Yilport Holding handled 4.3 million TEUs of containerized cargo in 2017, and the firm expects to move 4.73 million TEUs this year, Yilport said […]
Short-line and regional railroad operator Genesee & Wyoming (G&W) posted a net income of $549.1 million for the year, a 289 percent increase from 2016, according to the company’s latest […]
Craig Fuller, Kevin Haugh, Abtin Hamadi, Tom McLeod, and Edward Ryan discussed the technological approaches to solving some of the transportation industry’s most intractable problems: the driver shortage, capacity utilization, and payment inefficiencies.
TrueNorth announced that it has joined the Blockchain in Transport Alliance (BiTA).
Gerdin says timetable could speed up on the back of a strong freight market.
The Index for Small Business Optimism jumped two points to 106.9 in January in an encouraging sign that the nation’s small and independent businesses have shrugged of some of the recent political turmoil in Washington and are looking forward to the expected boost in economic activity.
UPS is asking for inclusion of part-time drivers to make Sunday deliveries and also to allow use of personal vehicles in its latest demands in contract negotiations with the Teamsters, according to reports.
Xeneta is a freight rate benchmarking platform focusing on ocean freight. It aggregates rate data from various companies into a platform and provides market average rates, lows and highs to its customers.
However, the South Korean ocean carrier recorded a deeper net loss for the year, partly due to a 479.5 billion won loss in the book value of 10 containerships sold […]
Cashflow Corner presented by TriumphPay You’ve taken the leap and decided to purchase your own truck. Or maybe you run a small fleet and have a handful of trucks. In either case, the next challenge is upon you: maintaining those vehicles, because if a truck isn’t running, it isn’t making any money.
The Southern California seaport handled 657,830 TEUs of containers in January, 12.9 percent more than in January 2017, and an all-time high for the month.
Chicago-based freight broker and third-party provider Echo Global Logistics posted a net income of $13.3 million in the fourth quarter of 2017 compared to a $3 million loss the previous […]
The containership owner recorded a net income of $22.8 million for the quarter, a sharp increase from a net loss of $446.6 million for the fourth quarter of 2016 when […]
Net orders for North American Class 8 trucks in January 2018 jumped 28 percent from the previous month and 116 percent compared with January 2017, according to preliminary data from […]
MSC selects Terminal Investment Limited (TiL) CEO, Port of Redwood City executive director retires, the Suddath Companies appoints president of Global Logistics, and the Chartered Institute of Procurement & Supply […]
The U.S. Energy Information Agency has released its Annual Energy Outlook for 2018, with projections to 2050. The EIA calls for massive growth in oil and LNG production and exports over the next few decades, which will be a boon for the trucking industry.
Schneider (NYSE: SNDR), a provider of transportation and logistics services, is now a member of the Blockchain in Transport Alliance (BITA).
After several delays, Rhode Island Department of Transportation (RIDOT) workers have begun installing truck toll gantries in the state this week. The project, which will collect truck-only tolls at 12 locations in the state, is estimated to raise about $470 million in tax revenue over 10 years.
Data is a crucial resource that enables fleet managers to streamline their internal processes and GPS technology is a key part of the equation.
Though the ELD mandate has been in effect since December 2017, the compliance rates for fleets with less than 10 trucks have been low and will stay that way this year.
Uber CEO Dara Khosrowshahi said that although his company and Waymo parent Alphabet “won’t agree on everything going forward, we agree that Uber’s acquisition of Otto could and should have […]
The latest projection comes as ports covered by the National Retail Federation’s Global Port Tracker handled 1.72 million TEUs of imports in December and 20.5 million TEUs for 2017, year-over-year […]
The South Korean shipbuilder posted a net loss of KRW 572.3 billion for the quarter, compared to a net loss of KRW 351.8 billion for the fourth quarter of 2016.
As capacity tightens, there are two ways fleets and shippers can go: they can add more capacity through acquisition or equipment purchases, or they can tap into existing capacity in a different way. That way might be boosting the rental and dedicated transportation markets.
The United States exported $7.27 billion worth of beef and $6.49 billion worth of pork in 2017, up 15 percent and 9 percent year-over-year, respectively.
The third-party logistics and multi-modal transportation services provider recorded a net income attributable to common stockholders of $3.3 million for its fiscal year 2018 second quarter, which ended Dec. 31, […]
President Donald Trump’s long-awaited infrastructure proposal unveiled by the White House Monday has placed a focus on spurring more private sector involvement in projects.
We discuss our list of cities that made up our long-wait times for drivers and our methodology for how we came up with the list
The recent Consumer Electronics Show held in Las Vegas gave Virgin Hyperloop One the opportunity to promote its vision and potential of hyperloop technology.
“We’ve spent much of this decade working with business partners to build out the cargo delivery platform our customers want and in 2018 we’re putting it to work,” said Port of Oakland CEO Chris Lytle
Washington D.C., is often credited with killing the American truck driver and their ability to work. Now, we have ELD data to prove that, in-fact, Washington D.C. is where a drivers available hours go to die!
As the UK government battles congestion at the ports of Dover and Folkestone, a decision by the government to rent space at Manston Airfield in the county of Kent for 3 million pounds is coming under fire.
Daimler in association with Loadsmart is launching its custom digital platform for its contracted freight carriers in the U.S. to match them with the company’s spot loads.
5 days into the trial, Uber settled the Waymo lawsuit on the cheap. But who really benefits? We break down the deal here.
Shaw Industries Group, a leading global floor covering provider, has joined the Blockchain in Transport Alliance (BiTA).
With so many regulations to follow, fleets and shippers probably don’t need another reason to fret, but bribery and corruption are on the rise.
The International Maritime Organization’s Subcommittee on Pollution Prevention and Response has proposed to move forward with banning the transport of non-compliant low-sulfur fuel on board ships when the 0.5 percent […]
While spot rates from Shanghai to Europe and the Mediterranean remained relatively unchanged since last week, rates from Shanghai to the U.S. trades had declined, according to the Shanghai Shipping […]
The Thomasville, N.C.-based less-than-truckload carrier recorded a net income of $463.77 million on revenues of $3.36 billion in 2017, up 56.8 percent and 12.3 percent year-over-year, respectively.
what3words has created a unique three word addressing system which can accurately pinpoint any location on earth, without the need for local street addressing.
Blockchain in Transport Alliance (BiTA) has announced that Daimler Trucks North America (DTNA) is the association’s most recent member, including a membership on the BiTA board.
Danish shipping giant A.P. Møller-Maersk narrowed its overall loss to $1.16 billion for 2017, a year in which it divested its energy businesses and acquired container carrier Hamburg Süd.
The U.S. goods and services deficit jumped 12.1 percent to $566 billion in 2017, its highest level since 2008, according to the most recent data from the Commerce Department’s Bureau of Economic Analysis […]
U.S. Secretary of Homeland Security Kirstjen Nielsen discussed with Canadian Public Safety and Emergency Preparedness Minister Ralph Goodale how their countries can expand preclearance to facilitate lawful trade and travel […]
Jianhua “Jeff” Li had received payments totaling over $1.1 million in sales proceeds from his participation in a scheme to smuggle counterfeit Apple iPhones and iPads from China into the […]
XPO had strong earnings for the fourth quarter. Here’s what a pair of analysts had to say about the company.
The heat map of areas affected by today’s Uber outage shows how vulnerable an Uberized freight industry would be.
Manufacturers surveyed by PricewaterhouseCoopers have been slow to implement autonomous, mobile robotics in their operations–they’re waiting for proven ROI. But they may be too focused on driverless trucks, overlooking other technologies that are closer to commercial viability.
Predictive maintenance is something that has been talked about for several years. The ability to identify when particular components might fail, or to proactively replace components before they fail based on past data trends has been referred to as the Holy Grail of vehicle maintenance.
Cass Information Systems, Inc. has joined the Blockchain in Transport Alliance (BiTA), a consortium of industry leaders committed to developing standards and guiding the widespread adoption of blockchain technology in logistics.
According to a report from Tech Crunch, Elon Musk’s Tesla is preparing to test autonomous driving on a cross-country trip within 3 to 6 months.
Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering specialized transportation services, today announced it has joined the Blockchain in Transport Alliance (BiTA).
The Owner-Operator Independent Drivers Association had requested the exemption from the electronic logging device mandate for small trucking businesses with “exemplary” safety records back in November.
Trucking companies face high insurance costs, and few are higher than new venture insurance for new carriers. Some steps can be taken to help lower that initial cost, though.
German business associations say they are fed up with an increase of cargo thefts throughout Germany and have launched a joint initiative to fight back.
The BuildCoin Foundation is envisioning a blockchain related ecosystem which can help expedite the construction of global infrastructure projects via public-private partnerships.
Blockchain in Transport Alliance (BiTA), the largest industry-specific blockchain standards organization in the world, today announced its newest member, J.B. Hunt Transport Services, Inc., one of the largest supply chain solutions providers in North America.
What exactly is going on with all these truck orders? ACT Research reported that January Class 5-8 preliminary orders came in at a surprising 80,400 units. Class 8 orders alone accounted for 48,700 units, their best month since March 2006.
Seasonality has finally hit van rates as available loads dropped 6% last week, according to DAT.
Blockchain in Transport Alliance (BiTA), the largest industry-specific blockchain standards organization in the world, today announced its newest member, J.B. Hunt Transport Services, Inc., one of the largest supply chain solutions providers in North America.
Blockchain technology has the potential to massively improve processes within the freight industry. LoadBlock, an Arizona-based start-up, is capitalizing on this shift in technology by developing blockchain-integrated systems.
The annual growth in total North American intermodal shipments was helped by a strong fourth quarter in which volumes grew 5.8 percent year-over-year, according to recent statistics from the Intermodal […]
Senior UPS Economist, Ibrahiim Bayaan joins the FreightWaves team as Chief Economist.
SEKO Logistics appoints vice president of global airfreight, Port Tampa Bay hires VP of finance, and Evans Distribution Systems name IT director.
The Wall Street Blockchain Alliance and BiTA announced a partnership to define the impact of blockchain technology for the global transport markets.
Velocity Freight Transport, Inc. (Velocity Transport) announced today it has joined BiTA.
With more regional and local deliveries due to e-commerce, there is more opportunity for truck drivers to find less-than-truckload freight, but knowing how it is billed is critical to winning contracts.
There are many stock analysts that have been predicting a stock market decline. The question now becomes, are we looking at a correction or something more indicative of a slowing economy?
