J.B. Hunt has acquired Specialized Logistics Dedicated for $136 million. The move expands the firm’s access to last-mile distribution services.
Kansas City Southern posted record second quarter revenues of $656 million, a 15 percent year-over-year jump, fueled by carload volume growth in four out of the Class I railroad’s six […]
The Senate Appropriations Committee has approved the FY2018 Energy and Water Development Appropriations Bill, which allocates $6.2 billion for the Army Corps of Engineers, up $190 million from FY2017 and […]
Genesee & Wyoming Australia appoints CEO, the Port Authority of New York and New Jersey’s board of commissioners selects a new vice chairman for the port authority, and Roadrunner Transportation […]
Although 19 states have passed laws regarding autonomous vehicles, they vary from state to state, posing challenges to the implementation of the technology, according to Larry O’Rourke, manager at global […]
The latest legal troubles for the U.S. Postal Service are just part of a problem in the agency which has seen billions of dollars in losses each year. The impact of these issues could significantly impact the broader trucking industry, which has a large stake in USPS’ success.
Plenty of load boards and brokers exist for trucking companies looking for freight. There are nearly 600 found on a basic web listing – and likely many, many more. But there are few, if any, like Sleek Fleet.
FedEx Freight announced that drivers at its Croydon, PA, facility have voted to leave the Teamsters Union. This comes just two weeks after drivers in Charlotte, NC, did the same.
In addition, the Danish ocean carrier has implemented “different and further protective measures” in its cyber security in the wake of the June 27 Petya virus attack that all but […]
However, the Eden Prairie, Minn.-based third-party logistics provider’s revenues for the quarter surged 12.4 percent year-over-year, driven by volumes growth across all transportation services.
The international freight forwarding and logistics company recorded a consolidated net profit of 29.9 million Swiss francs (U.S. $31.4 million) for the first six months of 2017, up 37.2 percent […]
The U.S. Federal Maritime Commission this week proposed to remove several container carriers from its so-called “controlled carrier” list, due to the fact they are no longer majority owned or […]
The Mondovi, Wis.-based temperature-sensitive truckload carrier recorded a net income of $9.1 million and operating revenues of $171.5 million for the quarter, up 7.2 percent and 3.3 percent year-over-year, respectively.
The Long Beach Board of Harbor Commissioners approves the appointment of the port’s managing director of finance and administration, GCT appoints new president and CEO, BIFA elects national chairman, and […]
C.H. Robinson’s second quarter earnings report missed Wall Street estimates, in large part because of the rise in spot rates in the quarter which compressed margins, even though the company reported a rise of truckload and less-than-truckload volume.
Freight, orders and optimism continue to populate the minds of many carrier and shipping executives these days as more data points suggest the economy is continuing to improve. And it’s optimism that even uneven retail sales and consumer confidence can’t hide.
While platooning vehicles are close to real-world operation, the world itself may not be ready for them. According to a guide for legislators created by the Competitive Enterprise Institute, the varied nature of state laws may limited where platooning vehicles may operate.
Omaha, Neb.-based Class I railway Union Pacific reported earnings per share of $1.45 for the quarter, up from $1.17 per share a year prior and surpassing the Zacks consensus estimate […]
Delta Air Lines Cargo appoints director, cargo sales for the Asia-Pacific region; and the Transportation Trades Department, AFL-CIO’s executive committee elects president and secretary-treasurer.
Google Glass, those futuristic glasses created by Google a few years ago are back. Discontinued after meeting with only minor success despite great introductory fanfare, they have now made a reappearance with a focus on corporate America.
U.S. Rep. Brian Babin, R-Texas, has filed the ELD Extension Act of 2017 (H.R. 3282), which would delay the implementation of the electronic logging device mandate for commercial trucks from […]
CSX Corp.’s second quarter 2017 net earnings, revenues and volumes all increased from a year prior, as E. Hunter Harrison completed his first full quarter as chief executive officer of […]
Financial services firm HSBC has entered into a new supply chain finance partnership with GT Nexus, a provider of cloud-based business applications.
The Belgian port recorded year-over-year tonnage increases in the container, breakbulk, liquid bulk and dry bulk sectors for the first half of 2017.
The on-again, off-again saga over the electronic logging device rule is back on again after language was inserted into a House appropriations bill this week directing FMCSA to review the rule and make a determination if the rule should be delayed or changed.
A world with zero fatalities caused by road accidents sounds pretty idealistic — but is it realistic? The communities around the world backing the Vision Zero initiative think so.
The long-awaited U.S. outline for the goals of a renegotiation of NAFTA has been unveiled, and there are few surprises in the 17-page document. The document outlines the U.S. top priority of shrinking trade deficits with Canada and Mexico.
The Swiss-based third-party logistics provider has been busy this quarter, entering into new acquisition agreements as its second quarter net earnings grew 2.1 percent year-over-year to 191 million Swiss Francs […]
The Lowell, Ark.-based intermodal and trucking provider’s earnings per share of $0.88 for the quarter fell short of analyst expectations, but operating revenues rose 7 percent from the second quarter […]
Last week, Volvo Trucks announced that it would soon be adding Apply CarPlay to its lineup as an optional package. More connected trucks will soon become commonplace, and maybe in the commercial transportation space, technologies such as this, Android Auto and WiFi will be welcomed additions.
Starting with just two trucks in Joplin, MO, in 1951, Contract Freighters Inc. (CFI) built a reputation for quality service, professional drivers, and being a good community partner. Today, CFI – after several name and ownership changes in the past 15 years – is reconnecting with the Joplin community and its customer base. The truckload carrier is home, even though it never left.
Fleets outfitting their tractors with 6×2 axle are still finding benefits, but adoption of the configuration has been slow according to a North American Council for Freight Efficiency (NACFE) and Carbon War Room update to its 2013 Confidence Report on 6×2 axles.
This week kicked off a series of 16 customer and dealer events at Volvo’s new Customer Center here. It was one of several big news events for the company – the others being an update on its new VNR regional tractor model which was introduced in April, and the first unveiling of an updated VNL line.
According to a report in a German newspaper, Daimler has now been swept up in the emissions cheating scandals that have been raging across Europe in recent years.
The U.S. diesel-powered heavy truck fleet of about 3 million vehicles is now 30 percent cleaner in terms of emissions and more fuel efficient than it was five years, according […]
The Federal Maritime Commission completed compromise agreements with eight non-vessel-operating common carriers and one unlicensed entity for Shipping Act violations which resulted in the collective recovery of $925,000 in civil […]
A former general manager at Timber Creek Resources in Newton, Wis., pleaded guilty and was sentenced this week for criminal violations of U.S. Plant Protection Act regulations that govern the […]
The Office of the Revenue Commissioners, the Irish government agency responsible for customs, excise and taxation, said the illegally imported cigarettes arrived in containerized shipments from Vietnam and China via […]
As much of the world is progressing towards Industry 4.0, Japan is going a step further. In its recently released Growth Strategy 2017 report, the county puts technological achievements, such as autonomous trucks and drone deliveries, on the fast track as it seeks to develop Society 5.0.
A surprise national brake safety inspection day on May 3 netted nearly 12% of commercial vehicles inspected with brake violations, the Commercial Vehicle Safety Alliance announced this week.
Meanwhile, the world’s largest ocean carrier also says that it is now up-to-date on short-term quotes, is progressing on issuing invoices and that its delivery process for imports is operational.
Major retail container ports in the United States can expect two of the busiest months ever for imports in July and August, according to the latest monthly Global Port Tracker […]
The Federal Maritime Commission on Tuesday hosted nearly 40 industry representatives to spend the next two days sharing strategic information on how to keep the export-side of the U.S. supply […]
Ronald Batory, who has more than 46 years of field and system experience in the railroad industry, retired as president and chief operating officer of Consolidated Rail Corp. on April […]
4flow names executive vice president, Milestone Equipment Holdings appoints president and chief executive officer, the New York/New Jersey Foreign Freight Forwarders & Brokers Association elects new president, and Tideworks Technology […]
Hearing on NAFTA modernization The House of Representative’s Committee on Ways and Means will convene a hearing on the modernization of the North American Free Trade Agreement (NAFTA). USCG cyber […]
Calling it the “most innovative, most exciting trucks from Volvo in 20 years,” Volvo Trucks North America officially took the wraps of its updated VNL family of trucks.
The U.S. Department of Transportation’s Office of Inspector General is conducting an audit to address concerns about oversight of federal funding or financing for positive train control projects and recipients’ […]
With so much acrimony already between the U.S., Mexico and Canada over various commodities traded across their borders, just imagine how hard it will be for the Trump administration to […]
The North Atlantic port handled 565,052 TEUs in May, up 7.6 percent from May 2016, and officials expect volumes to grow even further now that ships up to 18,000 TEUs […]
When the U.S. auto industry came roaring back to life, it was a boon for carriers who made their business hauling autos and related products. But as sliding sales in 2017 show, nothing lasts forever. And it’s possible that the future is even murkier for carriers who rely on the auto business for their livelihoods.
Someday real soon, vehicles will self-diagnose themselves, order the repair parts, and maybe even replace the part themselves. Vehicle maintenance is already partially of the way there. but the U.S. Marines are going a step further.
As of June, 178 containerships with an aggregate capacity of 474,000 TEUs were idle, with over half of the ships having a capacity of 2,000 TEUs or less, according to […]
The Northern California port handled 204,255 TEUs for the month, with full container imports reaching 80,253 TEUs and full container exports totaling 75,460 TEUs.
The United States increased its amount of beef, pork and lamb exports in terms of volumes and value in May compared to a year prior, according to data from the […]
Janel Group, Inc. names new president, while the U.S. Army Corps of Engineers, Charleston District appoints new commander.
Surprisingly, a new survey from SOTI has found that nearly 70% of transportation and logistics executives have not grasped the importance of rugged handheld mobile devices in the field.
Multiple reports have indicated that Walmart has threatened to withhold business from any trucking company that continues to haul goods for Amazon. Walmart has denied making any such threats, but the mere suggestion of it raises questions that carrier executives need to address.
Seeking to build “greater lane density to improve utilization and yields through more efficient dispatch and capacity allocation,” Heartland Express Inc. announced it is acquiring Interstate Distributer Co. (IDC) of Tacoma, WA, from Saltchuk Resources.
Are you ready for electric vehicles? A new report from Bloomberg New Energy Finance (BNEF) says that electric vehicle (EV) sales will account for 33% of all light-duty vehicles on the road by 2040.
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai Containerized […]
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to figures from the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.
Maersk Line and parcel carrier TNT Express are just now getting major functions back online after last week’s massive cyber attack, compounding a systematic problem that needs to be addressed […]
The National Customs Brokers and Forwarders Association has offered the Federal Maritime Commission myriad suggestions on how the agency rules applying to NVOs and forwarders should be amended or eliminated.
Meanwhile, President Donald Trump is currently attending the G20 Summit in Hamburg, where members – comprising 19 countries and the European Union – are discussing international trade, among other global […]
The U.S. Federal Maritime Commission has received 15 ocean transportation intermediary license applications and changes for review.
Don’t get hung up in the back-end weeds of blockchain technology – it’s about transferring value between parties
It’s so simple, that it’s somewhat surprising someone has already come up with the idea. Einride, a Swedish startup, has developed an electric-powered, self-driving box on wheels. The T-pod made its debut this week with a promise to revolutionize cargo movement.
Following a disappointing retreat in orders in May, Class 8 truck orders rose in June according to data just released. That reinforces the outlook for the remainder of 2017 as many of the orders are for fourth quarter delivery, according to FTR.
State-run Chinese conglomerate COSCO Shipping Holdings is projecting a net income for the first half of 2017 of around 1.85 billion yuan (U.S. $272 million).
The revised rules from the BIMCO-led group include information on insurance issues, how to effectively segregate cyber networks, and how to handle cyber security during port calls and when communicating […]
United States gross domestic product increased 1.4 percent in the first quarter of 2017, down from from a 2.1 percent growth rate the previous quarter but up from previous projections, […]
The State Council of the People’s Republic of China held a meeting Wednesday in which guidelines were approved to take measures to reduce logistics costs and improve logistics efficiency.
United States railroads originated 1.07 million carloads and 1.11 million containers and trailers in June 2017, year-over-year increases of 4.4 percent and 4.6 percent, respectively.
Virgin Atlantic Cargo names head of global accounts and regional sales manager for the United Kingdom, while the Short Line Safety Institute selects its executive director.
Shut downs of operating systems due to cyberattacks are complete handicaps for logistics companies and lead to significant amounts of lost business as well as productivity. But can they be prevented?
The trucking turnover rate at truckload fleets remains near historical lows, but it did tick up a bit in the first quarter of 2017, said the American Trucking Associations.
The settlement agreement, which resolves all legal issues related to allegations the Kuwait-based 3PL overcharged the Department of Defense while supplying food to U.S. military troops, will allow Agility to […]
Other factors contributing to the derailment of a BNSF ethanol train on Sept. 19, 2015 near Lesterville, S.D., included an FRA regulation that allowed high-hazard flammable unit trains to continue […]
Logistics enterprise software provider WiseTech Global reached a deal to acquire Bysoft Solucoes em Sistemas Para Comercio Exterior Ltda (Bysoft), the largest provider of automated customs solutions to the logistics […]
The Indian trucking market is not unlike that of the U.S. Technological change is happening, albeit a little slower in India, Numadic is one company that is trying to quicken the speed of change.
The Department of Transportation has revised and renamed its FASTLane program to “align [projects] with national and regional economic vitality goals and to leverage additional non-federal funding,” it said.
ZIM names president and chief executive officer, Kane Is Able appoints senior vice president of sales and marketing, and the 21st Singapore Shipping Association introduces SSA Council 2017/2019.
Blockchain is a technology that is rapidly growing in many industries, and its potential to disrupt traditional work flows in transportation is large. This graphic illustrates some of the potential areas where blockchain can be used to improve operations.
The logistics of transporting fresh produce from fields and warehouses to store shelves is already complicated by regulations and the seasonal nature of the products, but Amazon’s entry into the market could further complicate the journey.
The first unofficial pictures of Waymo’s self-driving truck have emerged, creating a stir among the companies racing to become the first to make a production autonomous truck available.
U.K. Customs has approved a new electronic “fallback” system to take over the processing of air cargo shipments should the agency’s umbrella IT system experience a prolonged outage.
The U.S. Transportation Department’s Infrastructure for Rebuilding America (INFRA) discretionary grant program, which advances a pre-existing grant program established in the 2015 FAST Act, will place a heavy focus on […]
A group of 13 companies have joined forces with the International Maritime Organization as part of the Global Industry Alliance to reduce carbon output in maritime transportation.
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all increased since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai Containerized […]
The National Academies of Science, Engineering and Medicine released a report that gave recommendations on reforming the Federal Motor Carrier Safety Administration’s Compliance, Safety and Accountability program.
According to a recent report from the Commerce Department’s International Trade Administration, global trade in U.S. media and entertainment goods in the next three years is expected to increase 8.3 […]
Across the nation, rising freight volumes, a strong produce season and the ongoing oil boom are driving up spot rates, but how long will the current trend continue?
According to research from KPMG and HfS Research, more companies than ever are outsourcing their supply chain and logistics services as the job of moving product becomes more complicated.
Chairs of the House PORTS Caucus – Congressmen Alan Lowenthal (CA-47) and Ted Poe (TX-02) – sent a letter to DHS Secretary John Kelly to get a classified understanding on […]
The Federal Aviation Administration said Dan Elwell, who has both extensive government and private sector aviation experience, has been sworn in this week as its deputy administrator.
The Federal Aviation Administration has proposed a $63,000 civil penalty against Terrazzo USA & Associates of McLoud, Okla. for allegedly violating federal hazardous materials regulations.
The Lake Oswego, Ore.-based railroad transportation equipment manufacturer’s revenues for the quarter, which ended May 31, 2017, tumbled 28.3 percent year-over-year to $439.2 million.
The Long Beach Board of Harbor Commissioners approves director of human resources services; and the Port of Corpus Christi Authority hires director of operations and financial controller.
The world’s largest liner carrier and its associated businesses are gradually recovering from Tuesday’s massive cyber attack, but some systems remain shuttered.
