Intermodal rate growth hits 15th straight month in December
Intermodal pricing rose 4 percent in December compared with the same 2016 period, and that growth looks poised to continue into 2018, according to the latest Cass Intermodal Price Index.
Intermodal pricing rose 4 percent in December compared with the same 2016 period, and that growth looks poised to continue into 2018, according to the latest Cass Intermodal Price Index.
Learning Machine Technologies, a leading global provider of blockchain-based records for institutions including MIT and the Republic of Malta, has joined the Blockchain in Transport Alliance (BiTA).
Back in November, KeepTruckin launched a petition drive asking FMCSA to provide a 2-hour exemption for long-haul drivers delayed at a shipper.
Domestic truckload pricing jumped 6.2 percent for the month compared to December 2016, the ninth consecutive month of year-over-year gains, according the latest Cass Truckload Linehaul Index.
The movement of goods is booming in Latin America (LATAM) and it is resulting in a significant rise in the number of commercial vehicles being sold in the region.
South Carolina is looking to increase the fines for driving slower than the average speed in the passing lane, and that is just one of the legislative bills working their way through state legislatures that will affect transportation.
Fiat Chrysler Automobiles (FCA) has confirmed its plan to move its truck-making arm from Saltillo, Mexico, to Detroit, MI, the Chicago Tribune reports.
Chad Boblett has built not just a successful Facebook group, but also the largest professional online forum in the U.S. on rates and logistics in the freight industry
Outbound rates from the Great Lakes have held steady at the high prices reached during last September’s nationwide spike, but over the past 7 days, they’re trending upward again.
Bettina Warburg explains blockchain to a child, a teenager, a college student, and an expert in this video from Wired Magazine.
American Trucking Associations President & CEO Chris Spear took to Medium on Thursday to tout the benefits the trucking industry will see from passage of the new tax law, including noting an ATA survey that says 50% of fleets are planning wage increases or one-time bonuses.
Parcel volumes associated with e-commerce continue to show outstanding rates of growth, with both FedEx and UPS reporting strong U.S. domestic volumes, but the current strength is more than just the ongoing growth of e-commerce.
IBM and Maersk have teamed up to build blockchain solutions for the maritime container shipping industry, apparently focusing on automating costly import-export documentation.
The Class I railway revealed that for 2018, it is planning to invest between C$1.35 billion and C$1.5 billion in capital programs, and is expecting mid-single-digit revenues growth.
Really want to guess where HQ2 will end up? Follow the tech talent pool and logistics network.
U.S. Customs and Border Protection is finding itself increasingly in the mix as a regulatory agency for exports as well as imports, according to Megan Montgomery, executive vice president of […]
A Government Accountability Office report released Wednesday revealed that U.S. Customs and Border Protection airport officials have not verified licenses for some radiological imports and its processes do not ensure […]
The International Narcotics Trafficking Emergency Response by Detecting Incoming Contraband with Technology (INTERDICT) Act requires U.S. Customs and Border Protection to increase the number of chemical screening devices available to […]
SCLogic, a leading provider of in-building logistics systems, announced today that they have joined the Blockchain in Transport Alliance (BiTA).
Mark Lambert, former co-president of a Maryland-based company specializing in nuclear materials transportation, was indicted for his alleged role in bribing officials connected with Russia’s State Atomic Energy Corp.
The U.S. Commerce Department has taken up antidumping and countervailing duty investigations into decorative ribbon imports from China on behalf of a Pennsylvania manufacturer of these products.
The long-awaited infrastructure plan from the White House is taking shape and could be part of President Trump’s State of the Union speech on Jan. 30, according to Reuters. CNN, however, reports that the plan will not likely be finished by that time due to the president’s travel schedule.
In addition to handling a record 2.2 million TEUs in 2017, South Carolina Ports Authority has various projects underway, some of which will be completed in 2018.
Pay particular attention to analytics-driven IoT platforms, computing at the edge, and data exchange brokerages (DEBs), as IoT influences everything from home security systems, to oil and gas exploration, to smart cities, to retail experiences, and beyond.
The temporary speed restriction in the western Gulf of St. Lawrence was lifted because there have been no sightings of North Atlantic right whales in the area of the slowdown […]
The Miscellaneous Tariff Bill Act (H.R. 4318), which has now moved to the Senate for approval, promises to eliminate $1.1 billion in import tariffs during the next three years and […]
Brexit has brought up various challenges that are set to impact the country, both economically and politically. In that regard, the scenes that unfold in the supply chain scenario is worrying and needs contemplation.
Seabury Maritime PFRA appointed managing director, advisory; Hong Kong Air Cargo Terminals Ltd. selected next chief executive; and Truckstop.com named vice president of small and medium business sales.
China-based, state-owned shipping behemoth China Ocean Shipping Company (COSCO) has acquired a 49% stake in a landlocked port under construction in Kazakhstan, the New York Times reports.
Tropos Technologies’ electric vehicles are capable of hauling over 1,000 pounds and can be configured for cargo and last-mile delivery, perhaps making them an ideal alternative for local delivery.
The U.S. Chamber of Commerce is asking the Trump Administration to increase the federal fuel tax 25 cents per gallon.
The U.S. maritime regulator outlined a plan identifying certain regulations under its purview that are suited for reform or elimination, and has adjusted its penalty amounts in line with inflation.
The U.S. Department of Homeland Security is consulting with the USPS on the feasibility of implementing a bill aiming to combat illicit opioid imports.
If you’ve ever had your doubts about Elon Musk’s grand visions, you aren’t alone, but at some point maybe we should get on board the Tesla fan-wagon. Production issues are one thing, but they’re breaking new ground all over the world.
COSCO SHIPPING International announces several appointments; Hamburg Süd names global head of corporate communications; JAXPORT hires director, national container accounts; Logistyx Technologies names CEO; and Flexport appoints VP of people […]
After a difficult adjustment period in July/August, CSX improved its performance on key metrics like train speed and dwell time, ending 2017 as an industry leader.
International Business Machines Corporation (IBM) has rented out as many as 60 data centers worldwide for the Bitcoin-dependent enterprises using the blockchain.
FreightRover, the freight exchange and streamlined payment platform, announced today that it has joined forces with other industry leaders in the Blockchain in Transport Alliance (BiTA).
Even though hyperloop has not yet been officially launched in mainstream transportation systems in the United States, it has piqued the interest of the Chinese government enough to consider a 16-man passenger pod system using the Maglev technology.
The recent mudslides in California have caused a number of travel concerns in California, including along Highway 101, which will likely remain closed until next week, California Department of Transportation officials said.
For fleets that spend time operating on load boards, the high spot rates are a blessing. For shippers, though, it’s been a challenging time as they have been forced to adjust to a new era in trucking.
The bill would eliminate $1.1 billion in import tariffs during the next three years and increase U.S. manufacturing output by over $3.1 billion.
The biggest hurdle to overcome is the long-distance infrastructure of superchargers.
ZIM appoints chief digital officer; Schneider Packaging names executive vice president; A.N. Deringer selects director of consulting and a new senior trade advisor; and the Container Owners Association names board […]
Craig Fuller, Managing Director of BiTA, says that blockchain-enabled smart contracts will facilitate more detailed, specialized transactions without the high fees of credit cards.
Dutch company, Port Liner, has an innovative solution, introducing an autonomous electric barge for the European market beginning in Q3 of 2018.
Singapore-based blockchain startup LALA World has confirmed a joint development project with Bermuda-based cybersecurity firm, Verifiable Identity-Based Encryption (VIBE), to secure its blockchain-enabled banking system.
A combination of factors continued to drive dry van trailer orders as 2017 came to an end, with December orders up 38% year-over-year, according to FTR.
Though the Food Safety Modernization Act mandate has already been partially implemented with regard to large carriers and fleet agencies, the hard deadline for smaller fleets is up this year.
TraPac appoints new president and CEO; IANA installs 2018 board of directors and officers; the American Maritime Partnership elects leadership positions; and Odfjell names COO, global head of ship management […]
RoadLaunch, a startup based out of Ontario, Canada, has developed a solution that digitizes the available capacity of trucks and trailers to make the process of getting freight quotes and managing fleets a seamless process.
Regulations surrounding autonomous vehicles are taking different approaches in the U.S. and Europe, with Europe writing specific technologies into its laws.
The Chinese government is investing in the country of Georgia in a plan to potentially turn the country into a major export hub for Chinese goods.
Click through to the map that shows how North America’s infrastructure is already integrated, despite our political disagreements.
Last-mile delivery might get very interesting very soon. Boeing has unveiled a prototype “unmanned electric vertical-takeoff-and-landing (eVTOL) cargo air vehicle (CAV) prototype” capable of hauling 500 pounds.
Based in Ashford, AL, Alabama Motor Express has joined forces with the Blockchain in Transport Alliance (BiTA) to help with the implementation of blockchain technology in the supply chain.
Losing your job is a painful experience, and buyers of transportation who can’t get things picked up and delivered on time lose their jobs.
Lost in the flurry of news yesterday from Walmart was a little nugget of information that will have profound impact on freight movements both within the Walmart supply chain and for carriers who transport goods to Walmart.
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all increased since last week, according to the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.
FreightWaves had a chance to speak with Jason Schenker about what’s ahead for the freight and automotive industries, and what that means for our lives.
Indian economy is booming and the government is busy at work in improving its rail infrastructure to facilitate trade and reduce logistics friction across the country.
FreightWaves, in partnership with the Georgia Tech Institute of Technology and the Blockchain in Transport Alliance, will be presenting the inaugural Transparency18 Future of Freight Conference, May 22-23, 2018, in Atlanta, GA, at the Georgia International Convention Center. The event promises to be unlike any previous trucking or logistics show.
U.S. Customs and Border Protection’s Automated Commercial Environment in-bond reporting will become mandatory for all carriers in August.
Have the good days of high rates ended? While not declaring an end to rising van spot rates, a blog post yesterday by DAT Solutions’ Matt Sullivan did note some indications that the rapid rise may be slowing.
With all the cheering from business over passage of the Republican tax plan, the next step in the tax reform journey has now begun: the real-world impact. And it could fundamentally change the way drivers are classified.
The value of Bitcoin may fluctuate, but the level of energy consumption needed to mine the currency is shooting straight up. This begs the question- will countries with cheap electricity reconsider this as they are forced to look at dirty forms of power?
National Treasury Employees Union National President Tony Reardon said that prospects of a pay freeze have been a deterrent for potential U.S. Customs and Border Protection field officers he has […]
“It is on that legacy, the people of Huntsville have responded, a legacy project that will impact our state and city for years and decades to come,” says Mayor Tommy Battle.
Trucking and logistics have grabbed a share of the spotlight this year at the Consumer Electronics Show this week in Las Vegas. None, though, has grabbed more attention than Toyota’s E-Palette concept and alliance that includes such big names as Amazon, DiDi, Mazda, Pizza Hut and Uber.
Most of this research is being done in other states, far away from this part of the U.S. Places like California, Detriot, Singapore, and Pittsburgh are fast becoming the new epicenter of research in this sector.
Mexico’s ambassador to the United States told CBS News there is a 50% chance that the end result of NAFTA negotiations will be termination of the trade pact.
The Commerce Department has set preliminary countervailing duties on imports of uncoated groundwood paper from Canada, which is commonly used for printing newspapers.
Can our huge trade imbalance finally catch up with us and throw cold water on our flaming hot economy?
CSX appoints executive vice president of operations; the Port of Seattle welcomes new commissioners and names commission president; Damco Distribution Services appoints president; and Yodel names chief executive officer.
As a result of its recent investigations, the Commerce Department has set antidumping duty rates on carbon and alloy steel wire rod imports from South Africa and the Ukraine.
U.S. companies must use IRS Form 5713 to report operations in or related to countries participating in international boycotts unsanctioned by the U.S., and to report the receipt of boycott […]
FreightWaves’ readers made the past year a great one for our young brand. Today, we take a fond look back at your favorite articles from 2017.
Jim Johnston, longtime president and CEO of the Owner-Operator Independent Drivers Association (OOIDA), has passed away following a year-long battle with lung cancer, the association announced Monday evening.
Celadon’s turnaround team is bringing back generous vacation time and cash bonus incentives to recruit drivers for its tweener business.
Strong economic fundamentals in the U.S. and globally are driving the second-longest bull market since the 1920s. Could the driver shortage ultimately end it all?
The U.S. Federal Aviation Administration’s Deputy Administrator Daniel Elwell will serve as acting administrator, following the end of Administrator Michael Huerta’s term.
Consumer demand, a dwindling inventory of sites suitable for warehouse development, and intensified two- and same-day shipping are keeping warehouse prices at record levels.
FLS Transportation Services, Limited (FLS), a North American third-party provider of logistics solutions and transportation management services, is the latest 3PL to become a member of the Blockchain in Transport Alliance (BiTA).
The push-pull of technological innovations in transport and communications is nothing new. It’s all a matter of how the technology is adapted and brought into the current marketplace’s way of doing business.
On Friday, the U.S. Department of Labor published a Notice of Proposed Rulemaking that expands the ability of associations to offer health insurance plans.
Uberization has been a hot term to describe digital transactional brokerage. But a bigger, untapped opportunity might be available in the market
Concerns are arising in the EU about the West’s waning influence in Eastern Europe as rampant Chinese investment increases, including the $1 trillion One Belt, One Road project to streamline trade.
Transportation management services and logistics technology provider Transplace has named Frank McGuigan chief executive officer.
The U.S. trade deficit surpassed analyst expectations in November, rising 3.2 percent month-over-month to $50.5 billion, according to the U.S. Commerce Department.
Mangbang CEO Wang Gang believes there is plenty of available opportunity in the Chinese freight market for his company develop technological solutions to solve freight issues.
In the developed countries of the West, autonomous driving technology is widely touted as the thing of the future. Move halfway across the globe to one of the densest and the world’s second most populated country, the idea of self-driving vehicles might still be a distant dream.
Tesla is taking pre orders for its Semi, asking for $20,000 each. Participating in such an exercise is likely to end in disappointment
The company that purchased Trucker Path last week is now looking to raise funds through an ICO and Ripple makes a stir in the cryptocurrency world.
The popular parking and roadside amenities app Trucker Path changed ownership last week. Here is why Renren made the purchase.
Truckers in the U.S. deserve better pay, but despite what many think, it’s not the fault of the carriers that they are not getting it. The system is broke and needs to be overhauled.
The worst kept secret in the industry is that demand is in excess of capacity in every mode of truckload trucking, and has been for several months.
The Trump administration wants to open up nearly all of the outer continental shelf to offshore drilling. That means more energy production, more economic growth, and more truckload miles.
1.4 million returns on National Returns Day, Jan. 3, a fifth consecutive annual record, up 8% from prior year.
Carriers will have an amazing opportunity to participate in RFPs during this bid cycle. Before investing a ton of time, we discuss how best to think of the opportunities
Ever since the United Kingdom pressed for divorce with the European Union, the far-reaching implications have been studied with great interest. Trade is just one of those.