A wide-ranging morning-television style event to kick off its participation in the North American Commercial Vehicle Show in Atlanta ended with a bit of an electric vehicle tease from Roger Nielsen, president & CEO, Daimler Trucks North America.
Artificial intelligence (AI) is creating both hope and fear in the transportation industry; hope for the wealth of efficiency, cost savings, and safety improvement that AI promises, and fear that the ever-changing job market that accompanies the AI movement may put the careers of thousands in the transportation industry in jeopardy.
Class I freight railroads in the United States employed 147,319 workers in August, down 0.15 percent from July and a 3.56 percent drop from August 2016, according to the Surface […]
SAL Heavy Lift, a Hamburg, Germany-based ocean carrier specializing in the transport of project and oversized cargoes, will place its six ships under the German flag, the company said in […]
The momentum in both contract and spot rate increases should feel like a rocket ship. For the first time in years, fleets will enjoy pricing power
Jacksonville Port Authority selects chief executive officer and Heartland Rail names business development director.
The myth of the 10-mpg truck has been proven wrong thanks to a group of seven drivers with seven differently equipped tractor-trailers driving for seven different companies.
Cummins’ electrified powertrain inside the AEOS Class 7 concept truck is part of the engine maker’s aim to create diverse powertrain options for customers.
Daimler’s trucking arm has confirmed an investment in Israel-based tech startup StoreDot. The investment will help StoreDot commercialize its quick-charging, CEO Doron Myersdorf told TechCrunch.
Businesses who trade internationally typically rely on freight forwarders to act on their behalf to transport product. The process of locating and arranging a forwarder is no easy task and extremely time-consuming, and over many decades this process has barely changed.
Self-driving technology puts truck driver jobs at risk, however, the potential benefits are rewarding. And that is making it a hot topic in Washington, where legislators are trying to determine how involved the government should be.
Fleet Complete Chief Strategy Officer Sandeep Kar will participate in two panels next week as part of the Connected Fleets USA 2017 Conference.
Electric vehicles have come a long way, yet there is an important question that never seems to get addressed when discussing electric cars and trucks: what happens if the power goes out? Will your trucks still make their deliveries?
Warehouse space is increasingly shrinking, with vacancy rates near all-time lows. As space dwindles, those companies looking to move a single truckload to a warehouse for two weeks are forced to pay high premiums. Warehouse provider Stord is out to change that.
The Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI) fell 5 percent since last Friday as spot container rates declined from Shanghai to Europe, the Mediterranean and the United States.
XPO Logistics appoints new member to its board of directors; the GAC Group names group general manager-technology business management, and technology business manager-management solutions; and BDP International hires finance director […]
Acting Federal Maritime Commission Chairman Michael Khouri met with overseas counterparts in London this week to discuss recent changes within the ocean shipping industry and potential impacts they may have […]
President Trump on Sept. 15 announced three more nominations to serve as U.S. Export-Import Bank board members, which along with two previously submitted nominations would bring the bank to a […]
The Japanese government will allow the import of U.S. chipping potatoes from Idaho, marking the end of an 11-year ban on these shipments from the Pacific Northwest state.
The trade association on Tuesday told the International Trade Commission (ITC) its members are financially harmed by imports of Canadian softwood lumber, but Canada’s largest lumber producer begs to differ.
Young Living Essential Oils, based in Lehi, Utah, pleaded guilty in a federal court Monday to charges that it violated U.S. regulations when it illegally handled shipments of rosewood and […]
The Commerce Department on Wednesday said it will impose countervailing duties on imports of cold-drawn mechanical tubing from China and India after affirming that these goods received unfair government subsidies.
According to the Department of Transportation, nearly 20% of all trailers are traveling empty down the highway. That doesn’t account for trailers that are running less than full. That empty space, whether it is enough room for one pallet or ten, is a revenue opportunity lost.
The volatile Asia-East Coast South America trade, which is one of the longest and costliest routes to service, saw spot container rates fall from $3,800 per TEU to $2,200 per […]
The seasonally adjusted For-Hire Truck Tonnage Index equaled 149 in August, up 7.1 percent from July and 8.2 percent from August 2016, according to the American Trucking Associations.
As the Congress works on developing legislation aimed at regulating self-driving vehicles, Transportation Secretary Elaine Chao is looking to guide that legislation with less of a regulatory hand, according to Bloomberg.
The U.S. Federal Maritime Commission is preparing to hold public hearings related to a petition filed by the Coalition for Fair Port Practices about when it’s reasonable for ocean carriers […]
The Port Authority of New York & New Jersey names chief security officer, USA Truck appoints vice president of maintenance, TIACA adds two new members to its board of directors, […]
The Fed announced today that it will allow $10 billion of Treasury and mortgage-backed securities to mature each month without buying new ones as it cautiously approaches the wind down to avoid another financial collapse.
As Nikola Motor continues to develop its hydrogen-electric Class 8 tractor, the company continues to evolve its design. The latest is the introduction of an eAxle developed by Bosch.
No need for those extra extension cords just yet; electric vehicles are not about to take over the world. That is one of the points that Lars Stengvist, CTO of the Volvo Group and EVP of Volvo Group Truck Technology, made to a select group of reporters during a roundtable discussion on truck technologies
Truck tonnage rose in August and driver turnover jumped in the second quarter according to the latest data from the American Trucking Associations.
The U.S. Federal Maritime Commission’s staff has updated the way it reviews agreements filed by container carriers and marine terminals.
The category 4 hurricane was 15 miles ESE of Arecibo, Puerto Rico as of 11:00 a.m. eastern standard time, with maximum sustained winds of 140 miles per hour.
The new Defense Department budget includes funds set aside to study blockchain and the impact of the technology in the hands of either the good guys or bad. This could be a good thing for the US logistics industry, as some of the research will probably make into the private sector.
The annualized driver turnover rate at both large and small truckload carriers increased sharply between the first and second quarter of 2017.
Small carriers and owner-operators have capacity to offer, but those that need it most – larger, Fortune 1000 shippers, don’t have access to that capacity because it is not cost-effective to onboard small carriers hauling just a few loads. Sudu, though, is changing that dynamic.
Anyone that has ever bought a house or vehicle knows how much of a pain it is and that is assuming you have a clean title. If not, all bets are off. With blockchain, the transfer of assets could be instant and without the risks normally involved in buying and selling.
XPO Logistics names chief executive officer of XPO Logistics Europe and managing director-supply chain, Europe; 3Gtms appoints managing director, EMEA; and the International Chamber of Shipping (ICS) names new chairman […]
Bitcoin has been on a wild-ride and some people think the future is zero. This will be a good thing for commercial blockchain applications.
TMW Systems sees enormous potential with blockchain technology, but notes that successful implementation requires a “strong partnership with a technology provider that understands its intricacies and potential applications.”
The United Kingdom’s Department for Transport has commission the release of a new code of practice for vessels with regard to maritime cyber security, Transport Minister Lord Callanan said during […]
In recent years, players in the transportation industry have embraced technology and this has greatly helped in solving the many challenges associated with manual operations, and the future is even brighter in the years to come.
Hong Kong International Airport attributed the 10.1 percent year-over-year boost in cargo volumes during the month primarily to an increase in exports.
Leidos Innovations Corp. has won a cost-plus-award-free contract from NASA to provide pressurized cargo packing and unpacking for the International Space Station Program.
The East Coast could see two back-to-back hurricanes hit over the next ten days. With an already-steteched national supply-chain, it will test our logistics infrastructure.
Digital freight brokers are using “Daily-deal” tactics to get revenue growth. They sold themselves as a platform to change the inefficient trucking industry, but have found it difficult to find quality sources of high-volume freight. These platforms have resorted to aggressive pricing tactics using investor capital. What will find is that as soon as they change prices, shipper loyalty will evaporate.
Larger fleet owners that have been looking forward to autonomous trucks to solve the pesky driver shortage may find themselves unemployed too
Google’s has invested more than $1.1B dollars in driverless technology. The number was revealed in court documents involved in the lawsuit between Uber and Google over its handling of Otto and self-driving IP
The ongoing and future transformation in the industry will not only benefit the carriers, truckers and shippers, but also the controlling authorities as well as positively impact other industries in the market and the economy at large. Here are a few of the technologies already impacting the industry.
The trucking industry, working in partnership with major retailers and consumer package goods companies respond to the recent devastation by delivering much needed relief supplies.
After several years in development, Daimler Trucks unveiled its electric Mitsubishi Fuso eCanter yesterday at a ceremony in New York City. The first trucks have been delivered to UPS and four New York City-based NGOs.
As blockchain transactions begin to take hold in the general economy and the supply chain in particular, there is a growing question of how to speed financial transactions. According to Coin Telegraph, the answer may be tokens.
The legislation calls for the establishment of a National Freight Mobility Infrastructure Fund, which would be supported through a 1 percent fee on the shipment of freight cargo, to administer […]
The French ocean carrier recorded a net income of $219 million on revenues of $5.55 billion for the second quarter of 2017, with volumes rising 33.3 percent year-over-year.
Spot container rates from Shanghai to Europe and the Mediterranean declined since last Friday, while rates increased from Shanghai to the United States.
Blockchain has taken center stage in 2017, and we are only at the beginning. But before everyone declares blockchain the solution to all the world’s problems, two authors note that there needs to be standards and governance to make it work.
The U.S. State Department has imposed a $400,000 civil penalty against Bright Lights USA of New Jersey for exports of unauthorized defense components and technical data in violation of the […]
Catapult International appoints new chief executive officer, while Air Transport Services Group and NorthPoint Logistics each name chief operating officer.
Delphi CTO says that autonomous vehicles will come to cities and ports long before they will ever go into the highway or over-the-road trucking markets
The Department of Homeland Security on Wednesday extended a rare one-week waiver of Jones Act rules in an effort to help deliver petroleum products to hurricane-impacted areas along the Gulf […]
Ask an over-the-road truck driver what their biggest concerns are and you won’t have to go far down the list before finding a safe place to park appears. But a new company is hoping to change that, allowing drivers to reserve a spot ahead of time at a nominal fee.
One of the biggest trends in the field of freight logistics is the digitization of the trucking industry, which has a market of over $700 billion every year.
Bellevue, Wash.-based Radiant Logistics has finalized various acquisitions in recent months, and Bohn Crain, Radiant’s founder and chief executive officer, said the company is searching for even more acquisition candidates.
Analysts have revealed their various projections on just how much recent hurricanes Harvey and Irma will cost the United States economy, and it appears the consensus is that the nation’s […]
Brad Jacobs sits down with Jim Cramer and talks trucking, XPO, and the state of the economy. He makes a provocative prediction that will turn some heads that we could see fully autonomous trucks in less than a decade.
Proponents of autonomous trucks found plenty to be happy with during Wednesday’s Senate Committee on Commerce, Science and Transportation hearing on the technology.
TMW acquires truckload visibility aggregator, 10-4, continuing a trend of FreightTech acquisitions in the market transparency space.
Following passage of a House bill last week that set the framework for autonomous automobiles, trucking gets its chance to state its case today in front of a Senate committee.
In the past two decades, more than 90% of the nation’s pollinators – from bees to butterflies – have disappeared. That’s why companies like Bee Downtown are working so hard to save the honeybee, and trucking is playing a critical role in its survival.
The numbers are startling: 250,000 U.S. drivers fall asleep at the wheel each day; 83,000 drowsy-driving related crashes occurred between 2005 and 2009, and there is a drowsy-driving related crash every 25 seconds. For trucking companies, the costs can be staggering.
Howard “Skip” Elliott, former vice president of public safety, health and environment with Class I railway CSX, was nominated by President Donald Trump to lead the Pipeline and Hazardous Materials […]
The U.S. Export-Import Bank will extend financial assistance to exporters and financial institutions located in the Texas Gulf coast and Louisiana, as well as Florida, which were negatively impacted by […]
The National Transportation Safety Board (NTSB) is scheduled to meet on Dec. 12, 2017 in Washington, D.C. to determine the probable cause of the October 2015 sinking of the TOTE […]
The National Foreign Trade Council (NFTC) appoints new board chairman, Tiger Cool Express names chief executive officer and the Prince Rupert Port Authority’s president and CEO retires.
There are certain practices in trucking that are not above board and cause a lot of strain on the companies in the space. Will the implementation of blockchain smart contracts, these practices could be ended, ushering in transparency and fairness for all involved.
In the future, blockchain infrastructure will help mitigate the effect and scope of cyberattacks through its two fundamental characteristics: decentralization and cryptography so events such as last week’s Equifax breach don’t happen.
U.S. Customs and Border Protection (CBP) has agreed to the National Association of Foreign-Trade Zones’ request to delay the electronic FTZ admission (e214) in the Automated Commercial Environment to Dec. […]
Ports covered by the National Retail Federation’s Global Port Tracker handled 1.78 million TEUs of imports in July, the highest monthly volume recorded since the report began in 2000, but […]
The key to making a profit in the shipping industry is managing fleet growth to ensure the balance between supply and demand is just right, according to Peter Sand, chief […]
Global airfreight volumes in July increased 11.4 percent from 12 months prior, while available airfreight capacity rose 3.7 percent, according to the latest figures from the International Air Transport Association […]
U.S. Customs and Border Protection (CBP) is actively recruiting officers for its port locations in Boston and northern border crossings in Vermont and Maine.
The United States and Kuwaiti governments signed a Customs Mutual Assistance Agreement (CMAA) on Sept. 7, taking steps to collaborate on security and trade facilitation.
The U.S. Federal Maritime Commission (FMC) plans to wrap up work on its industry-based supply chain innovation project and present the results in a report this fall, according to FMC […]
U.S. Customs and Border Protection (CBP) is preparing for the release of its new electronic customs broker exam at more than 48 test locations nationwide on Oct. 25.
The Federal Aviation Administration (FAA) has proposed a $54,000 fine against a French company and a $50,000 penalty against a North Carolina shipper for undeclared hazardous air shipments.
As Hurricane Irma continues to move through the Southeast, some of its impacts are now being assessed, and they are likely to disrupt operations for many for days and weeks to come.
Skepticism over hyperloop technology has been expressed by Amtrak CEO Richard Anderson. Business Insider quoted Anderson as saying that the technology is not “realistic right now.”
FreightWaves adds a startup directory to the site to help startups identify partners, investors, and talent in the emerging FreightTech space.
A natural disaster can rarely be called a benefit, but there are positives for the transportation industry and its investors from the double hit the nation took from Hurricanes Harvey and Irma. From higher stock prices to higher rates, trucking may be poised to reap many benefits from the storms.
The electronic logging device (ELD) mandate, scheduled to take effect Dec. 18, 2017, requires that ELDs be installed on all interstate commercial vehicles model year 2000 and newer.
The U.S. exported 104,488 metric tons of beef in July, a 5 percent increase from 12 months prior, while pork exports reached 173,675 metric tons and lamb exports totaled 593 […]
President Trump has nominated former Iowa Department of Transportation director Paul Trombino III to lead the Federal Highway Administration.
The National Association of Foreign-Trade Zones (NAFTZ) has asked Customs and Border Protection to delay the planned Sept. 16 transition of the Application for Foreign-Trade Zone Admission and/or Status Designation […]
The U.S. Department of Homeland Security (DHS) on Friday approved a seven-day waiver of Jones Act rules to expand the options for delivering fuel to states and territories impacted by […]
Warehouse facilities are a key component for logistic operations and managing the warehouse efficiently can have a noticeable impact on the bottom line. Reining in electricity costs, though, remains difficult. That’s why warehouse operators need options.
Blockchain has become the latest buzzword to enter industry lexicon. While many still may not know what it is, it is likely to be a technology that transforms trucking and the way it operates. Fleet Complete is one of the companies that has recognized its potential.
A new global study has found that transportation companies are embracing the Internet of Things (IoT), but many still lack a full understanding of how best to utilize the data.
The total value of U.S. spirits exports during the first half of 2017 jumped 10.6 percent to $698.5 million compared with the same period last year, according to recent data […]
