SCFI slips on Shanghai-U.S. trades
Spot container rates from Shanghai to the U.S. East Coast and U.S. West Coast both declined since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai […]
Spot container rates from Shanghai to the U.S. East Coast and U.S. West Coast both declined since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai […]
MCC names CEO, Maersk Line appoints South East Asia managing director, Port of New Orleans’ board of commissioners elects chairman, Deutsche Post DHL Group names labor director and board member […]
While many fleets simply trade in their older equipment for newer equipment and forget about it, the value of used trucks can influence how many new trucks you can buy. That’s why paying attention to the used market can be a good financial strategy for determining trade cycles.
Seven fleets will participate in the North American Council for Freight Efficiency’s Run on Less program to showcase the benefits of fuel-saving technologies.
The Competition Commission of South Africa said a merger between NYK, MOL and “K” Line would encourage anti-competitive behavior in the liner markets and the car carrier sector.
World Trade Organization Director-General Roberto Azevêdo said more needs to be done to ensure women have better access to the economic benefits of trade.
project 44 hires chief strategy officer; Crowley Maritime Corp. appoints vice president of safety, security, quality and environmental stewardship; and the Little Rock Port Authority’s board of directors elects chairman.
DAT has been one of the leading data providers for load and rate information for years thanks to its large database. Now, the company’s data is being used in even more ways, reinforcing the value the overall dataset provides.
Facing increasing pressure from investors, Uber CEO and co-founder Travis Kalanick stepped down Tuesday night from the $70 billion ride-sharing and transportation company.
A survey conducted by Hart Research Associates found that 53 percent of respondents believe President Donald Trump’s proposal to shift the air traffic control function of the Federal Aviation Administration […]
Following extensive testing for potential pests, the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has proposed a rule to allow the import of fresh pomegranate from Turkey […]
The Taiwanese ocean carrier will initially offer direct, online booking to Alibaba.com’s customers from China’s main ports to Israel and the South American region.
AFN Logistics appoints vice president, customer supply chain; Virgin Atlantic Cargo names managing director; and Sandler, Travis & Rosenberg hires two compliance attorneys.
The average U.S. logistics cost for shipping goods fell 1.5 percent last year after growing at a 4.6 percent compound annual rate from 2010 to 2015, according to the annual […]
The Trump administration has proposed less federal spending as part of his $1 trillion infrastructure investment outline. In a recent Tax and Budget Bulletin, the Cato Institute’s Chris Edwards lays out the argument for why Trump’s approach to less federal spending is the proper approach to building world-class infrastructure.
Citing the need to cover additional costs during peak holiday shipping periods, UPS has announced a new peak surcharge that will be added to packages shipped during certain weeks this holiday season.
Although fines for no-show shipments are the right move for ocean carriers, for freight forwarders and non-vessel-operating common carriers, they could create a much larger challenge, according to Klaus Lysdal, […]
The Ocean Network Express – consisting of Japanese ocean carriers “K” Line, MOL and NYK – will have a containership fleet of close to 1.4 million TEUs when it launches, […]
The Montreal-based Class I railway has been ordered to pay a federal fine of $2.5 million Canadian (U.S. $1.9 million) and a provincial fine of C$125,000 in relation to a […]
Meanwhile, UPS Freight rates are scheduled to increase by 4.9 percent effective June 26, the Atlanta-based parcel giant said.
The Commerce Department has determined that Chinese hardwood plywood is being dumped on the U.S. market at less than fair value.
Pilot Freight Services names new chief executive officer and president, while the Port of Tacoma hires new director of engineering, and Americold hires executive vice president and chief commercial officer.
Teamsters union Local 848 has initiated a strike at the ports of Los Angeles and Long Beach today to protest what they say is misclassification of their employment as independent contractors.
Amazon sent shock waves through the grocery business on Friday with its announcement that it will acquire Whole Foods in a deal valued at $13.7 billion, which includes assumption of Whole Foods’ debt. But the purchase may be giving Amazon something even more valuable than Whole Foods’ customers – a distribution network.
After a few years of “rest” XPO Logistics is again in acquisition mode. CEO Bradley Jacobs, speaking at a supply chain conference in Chicago, says the company is looking for potential takeover targets, including options in Europe.
President Donald Trump’s announcement in Miami on Friday that he will roll back the Obama administration’s U.S.-Cuba trade policies has left many industry groups in a sour mood.
The International Chamber of Shipping is urging the United Nations’ International Maritime Organization to back a proposal that seeks to change the installation deadline for the Ballast Water Management Convention.
The U.S. Department of Agriculture, as part of its recently announced reorganization, has appointed Jason Hafemeister to acting deputy undersecretary for trade and foreign agricultural affairs.
The flight from Afghanistan to India, which officials from both countries hope will be the first of many, departed Monday carrying approximately $5 million worth of goods, according to a […]
TOTE Services hires vice president, marine operations, government & commercial; while the Port Authority of New York & New Jersey names new director of tunnels, bridges and terminals.
In another step into the food space, Amazon has announced it will buy Whole Foods for $13.4 billion plus debt, giving the e-tailer a physical presence in the $700 to $800 billion consumer grocery world. But like many things with Amazon, the end game may be something different.
A Buzzfeed writer has turned President Donald Trump’s visit with trucking leaders into a kids book. Also, manufacturing output declines and the uneven economy is causing some questions to be asked by trucking executives.
The Federal Bureau of Investigation (FBI) is examining a false threat that a “dirty bomb” was on the Maersk Memphis at the Port of Charleston’s Wando Welch terminal, according to […]
Three previous chief operating officers at the Federal Aviation Administration (FAA) have expressed their support for President Donald Trump’s proposal to shift the air traffic control function of the FAA […]
Clayton Harris III, executive director for the Illinois International Port District at the Port of Chicago, is pushing for the passage of House Bill 1797, which would forgive a $15 […]
Global third-party logistics provider annual revenues reached $802 billion in 2016, and are on track to exceed $962 billion by 2020, the consulting firm said in its latest 3PL market […]
As the industry prepares for the December enforcement of the electronic logging device rule, there remains one area of the law that continues to create confusion for drivers – personal conveyance. What is personal conveyance and why does it cause so many problems?
Apple CEO Tim Cook confirmed in a Bloomberg interview on Tuesday that the company is working on autonomous technology, further fueling speculation that the software giant is developing a self-driving Apple car.
Vessel losses declined 16 percent last year compared with 2015 and the number of shipping incident casualties also dropped on a year-over-year basis, according to a new report from insurance […]
Over 250 members of Congress have written a letter to House Ways & Means Chairman Kevin Brady calling for a long-term fix to the Highway Trust Fund, which serves as […]
Ports covered by the Global Port Tracker handled 1.61 million TEUs in April 2017, the latest month for which after-the-fact numbers are available, a 4.8 percent increase from the previous […]
The Silicon Valley-based trucking applications technology provider has already raised $21.5 million from Renren and Wicklow Capital of Chicago, among others, and is currently talking with investors about a Series […]
The Federal Reserve voted to increase its key interest rate today, upping the rate 0.25% to a target of 1% to 1.5%. The increase, while small, could have a profound impact on trucking companies, shippers and consumers.
President Donald Trump’s apprenticeship program may provide an avenue to solving the truck driver shortage issue. But to make it work, it will require a little give on the government’s part.
In Pakistan, drivers care so much for their trucks that they turn them into works of art. Also, NATSO opposes rest stop privatization plan, working with robots and the path to better trade deals.
Lawmakers from the Senate Commerce, Science, and Transportation Committee on Tuesday released six principles for bipartisan legislation on self-driving vehicles ahead of the committee’s hearing on the subject Wednesday afternoon.
The lifeblood for many small trucking companies and independent truckers is the load board. There is no shortage of load boards, and differentiating between them can be difficult. For truckers who handle bulk products, though, finding loads on a generic load board can be time consuming. That’s what Bulkloads.com is trying to change.
A group of more than 250 House lawmakers are pushing for any tax reform package to include a permanent fix to the Highway Trust Fund. Also, Trump pushes apprenticeships, Britain’s Brexit problem and manufacturing hitting record levels.
However, Jim Johnston, chief executive officer of the Owner-Operator Independent Drivers Association, said the association will continue to lobby against the electronic logging device mandate on the congressional side.
The e-commerce fulfillment and technology provider said it will not only use the investment to continue improvements on its technology dashboard, but also to expand its fulfillment centers across the […]
Delta Air Lines Cargo appoints managing director, cargo global sales; and Roadrunner Transportation Systems, Inc. names president of Roadrunner Freight.
Claiming the upcoming ELD mandate violated the 4th Amendment, OOIDA had asked the Supreme Court to hear the case. The Court has declined to do so, allowing the rule to go into effect in December.
In its latest State of the Freight webinar last week, FTR experts laid out their expectations and timelines for freight disruption, and as expected, sections were devoted to NAFTA and autonomous trucks.
However, U.S. lamb export volumes and total value for the month fell 23 percent and 19 percent, respectively, compared with the previous April.
President Donald Trump said his proposal would reduce permitting time for transportation infrastructure projects, and includes an investment in new federal support for infrastructure, which will be matched by significant […]
The nation is about to heat up starting this weekend, and that could drive more volatility to already rising spot rates for agricultural haulers and shippers.
By using the technology already built into smartphones and focusing on drivers rather than vehicles, a new mobile application from global fleet safety company GreenRoad is aiming to increase driver safety and fleet efficiency without the need for hardware.
Do you have money to invest? If so, Martin Tillier has some advice: the time may be right to invest in trucking and logistics company stocks. Tillier notes that money spent on infrastructure will improve the fortunes of an industry that counts infrastructure as a critical piece to getting its job done.
The U.S. Transportation Department’s Federal Motor Carrier Safety Administration has announced two proposals that it said helps address the national shortage of qualified truck drivers.
The U.S. District Court of Puerto Rico held Inter-Island Ferry was within its rights in filing suit against Puerto Rico Ports Authority (PRPA) and the Maritime Transport Authority (MTA) for […]
The industrial real estate services and investment management firm said healthy consumer spending and strong e-commerce s ales are driving demand for warehousing and distribution space.
Since the port authority’s fiscal year began in July 2016, the port has moved 1.96 million TEUs, a 9.4 percent increase over the same period last year.
Commonly considered a driver protection rule, the federal coercion rule institutes large fines for companies that pressure drivers to drive in violation of federal regulations, including hours of service. But is it working?
On Tuesday, during the company’s shareholder meeting, Tesla founder Elon Musk updated investors on a number of initiatives and pushed back against critics of the Tesla Semi electric truck. Also, when is a fuel tax on a fuel tax, and inside the supply chain’s tech revolution.
Germany’s largest ocean carrier, Hapag-Lloyd, said it is confident it will be able to ensure a complete integration with Kuwait-based carrier United Arab Shipping Co. (UASC) by the fourth quarter […]
U.S. Secretary of Transportation Elaine Chao touted the benefits of automated vehicle technology at a DOT event earlier this week, but noted that the primary obstacle to the deployment of […]
U.S. Customs and Border Protection’s new “The Truth Behind Counterfeits” campaign will focus on international air travelers who may be tempted to purchase counterfeit goods while abroad.
The U.S. Chamber of Commerce this week started the U.S.-Mexico Economic Council, an organization that will work to improve economic and commercial partnerships between the two countries.
The battle between Amazon and Walmart took another turn when Amazon announced it would begin offering discounted Prime memberships to those on U.S. government assistance. That could pull shoppers, and freight, from Walmart.
Since 2010 EPA emissions regulations went into effect, it has been said that in some areas of the country, the emissions released by heavy-duty trucks are actually cleaner than the air they are emitted into. But a new study by researchers at UC-Riverside calls that into question.
The International Air Transport Association wants to break free from outdated processes that hold air cargo back and has adopted a resolution that it believes will accelerate the modernization of […]
The International Air Transport Association (IATA) appoints chairman of board of governors, while SeaCube and Kuebix both name new chief executive officers, and BIMCO elects president.
Many larger carriers already require their drivers to use ELDs, but for smaller carriers that make up the majority of the industry, the implementation of ELDs and their associated cost could be a game-changer. This infographic highlights some of the key facts around ELDs, their impact on operations, and potential solutions to mitigate those impacts.
The Federal Motor Carrier Safety Administration (FMCSA) has proposed a pilot program on truck driver split-sleeper berth time and hot it affects driver safety performance and fatigue. Also, a new driver training rule has gone into effect and how do you value truck manufacturers?
If past Roadcheck trends hold true, shippers moving flatbed loads will face higher rates because of this year’s inspection blitz. But they won’t be the only ones impacted by the Commercial Vehicle Safety Alliance’s annual safety campaign, which begins today and runs through June 8.
The freight marketplace and rate management software provider has extended its online marketplace to the United Kingdom.
MSC Group hires executive vice president of maritime policy and government affairs, while Huntington Ingalls Industries appoints vice president of strategic sourcing at the company’s Newport News Shipbuilding division.
President Donald Trump said the proposal would modernize air traffic control technology and lead to a more efficient aviation system, but opponents fear the proposal could hand over government assets […]
When capacity is tight, spot market rates increase, and that hurts brokers. There are other factors that affect rates, of course, but 3PLs have had few options to manage the underlying fundamentals that so negatively hurt their businesses. That is about to change.
After months of talking about his $1 trillion infrastructure improvement plan, President Donald Trump is finally set to unveil more details on the proposal today. Also, transportation’s best CEOs and there were fewer trucking jobs in May.
The nation’s trade deficit in goods and services stood at $47.6 billion in April, a 5.2 percent increase from March, surpassing the $46.5 billion deficit projection of economists polled by […]
The Federal Aviation Administration has proposed a $435,000 civil penalty against United Airlines for allegedly operating a plane that was not in airworthy condition.
The number of containerships deployed between Asia and the U.S. West Coast with capacity for 13,000 TEUs or more has nearly doubled since the start of 2017, but carriers are […]
President Trump’s decision to pull the U.S. out of the Paris Climate Accord could have a profound effect on global efforts to reduce greenhouse gases, but will probably have little impact on the U.S. trucking industry.
Walmart is testing a program where store associates will deliver online purchases, which could have a major impact on package delivery companies. Also, Waymo is testing a self-driving truck and monthly freight index climbs.
President Donald Trump’s decision to withdraw the United States from the Paris Climate Agreement on Thursday has U.S. industry organizations worried about the impacts on future international trade.
Logistics systems provider Descartes Systems Group has acquired the assets of Progressive Computer Services, known as PCSTrac, for $11.25 million.
Although the Shanghai Containerized Freight Index rose on trades from Shanghai to North Europe to the Mediterranean, it declined on routes to the United States.
According to PIERS Data, South Korean ocean carrier Hyundai Merchant Marine handled 13,186 TEUs per week on the Asia to U.S. West Coast trade in April 2017, up 73 percent […]
Saddle Creek names chief operating officer, Prince Rupert Port Authority appoints board member, the S.C. Department of Commerce names senior program director, and the American Trucking Associations’ executive director of […]
Kenco Group is known for its logistics services, but it is also becoming known for its innovation. Inside the Kenco Innovation Lab, next-generation solutions are being developed for today’s logistics companies.
A petition has been filed asking EPA to reconsider its Phase 2 GHG rules based on a procedural step that may have been missed. Also, spot rates climb and cargo theft remains a top concern.
The Committee for Economic Development of The Conference Board said deferred maintenance and a growing gap between investment needs and available funds threaten the ability of our roads and bridges […]
Developing countries that accede to the World Trade Organization’s Information Technology Agreement stand to gain billions of dollars in their economies, according to recent report from the Information Technology and […]
The Federal Aviation Administration will award up to $527.8 million in infrastructure grants to 584 airports across the country as part of the agency’s Airport Improvement Program.
The all-cargo airline handled 158,000 metric tons of cargo during the first quarter of 2017, an increase of 17 percent compared with the same 2016 period.
USA Truck hires vice president, revenue operations, Day & Ross appoints president and CEO, NxtPort names new chief technology officer, and ECS Group nominates CEO.
Washington, D.C.-based think tank Institute for Science and International Security warns some export control reform actions could make it easier for pariah nations or terrorist groups to obtain sensitive U.S. […]
Headlines are declaring the death of the truck driver at the hands of the autonomous truck. But what if that doesn’t happen? Looking deeper into reports of job losses finds that significant impacts are likely 20 years away – if at all.
J.B. Hunt is investing $2.75 million in the University of Arkansas for creation of the J.B. Hunt Innovation Center of Excellence. The center will allow students to work with J.B. Hunt employees to solve real-word supply-chain problems. Also, tips on surviving a ransomware attack, consumer spending rises, and if there are so many jobs available, where are the workers?