Commerce: U.S. GDP grows 1.2% in Q1 2017
Meanwhile, Commerce Department’s Census Bureau reported that new orders for manufactured durable goods in April decreased 0.7 percent to $231.2 billion after four consecutive monthly increases.
Meanwhile, Commerce Department’s Census Bureau reported that new orders for manufactured durable goods in April decreased 0.7 percent to $231.2 billion after four consecutive monthly increases.
U.S. Transportation Department’s Deputy Secretary Jeffrey Rosen has been tapped by Secretary Elaine Chao to head the department’s Regulatory Reform Task Force.
Direct ChassisLink, Inc. names president, Kansas City Southern adds four new members to its board of directors, and Genesee & Wyoming appoints board chairman.
Rep. Alan Lowenthal, D-Calif., says he wants freight infrastructure to “declare its independence” from the Obama administration’s Fixing America’s Surface Transportation (FAST) Act because it is too closely tied to […]
In 2015, the trucking industry experienced over 996 million hours of delay because of congestion, which is equivalent to 362,243 commercial truck drivers sitting idle for an entire working year, at a cost of $63.4 billion. Here are some more facts about congestion.
McKinsey & Company has recently issued a report on potential impacts to the trucking and rail freight industries in the U.S., Canada and Mexico. The report, “Four forces to watch in trucking and rail freight,” identifies critical structural issues that executives must pay attention to in the immediate future.
Deutsche Post DHL Group in cooperation with AXIT recently held a live demonstration of how a must-have repair part could be manufactured and delivered to its end user in a single day thanks to technology.
The improvements in 3D printing technology has boosted the hopes that one day supply chains will become shorter as products are printer on-demand in close proximity to end users. Deutsche Post DHL Group and IT logistics provider Axit recently showcased how replacement parts could be produced and shipped in the same day.
Rep. Mark Meadows, R-N.C., last Thursday introduced the Revamping American Infrastructure Act of 2017, legislation that would to remove outdated regulatory obstacles and encourage the use of technology, according to […]
The civil settlement reached Friday over a former food supply contract to the Defense Department will allow Agility to move forward on future U.S. government business, the third-party logistics provider […]
The U.S. Federal Maritime Commission’s notice of inquiry requesting the ocean shipping industry’s input into how it might eliminate or change outdated and burdensome regulations is now ready.
A federal judge who found UPS guilty back in March of illegally shipping cigarettes on Thursday ordered the package delivery giant to pay $247 million in damages and penalties to New York state and New York City.
The news out of the Middle East on Thursday that OPEC would continue recent production cuts in an effort to boost oil prices may have upset some oil traders, but it shouldn’t have much effect on diesel fuel prices at the pumps, according to experts.
A Chinese e-commerce company wants to make deliveries weighing as much as 1 ton with drones. JD.com is already delivering smaller packages in rural villages. Also in the news, FMCSA officials will be meeting to discuss regulatory relief for the industry and GM is facing allegations it used defeat devices to bypass diesel emissions regs on its pickups.
Airlines for America said the Trump administration’s proposal to privatize the nation’s air traffic control system would result in shorter flights, fewer emissions and fewer delays, while the Alliance for […]
The U.S. Army Corps of Engineers’ Fiscal Year 2017 Work Plan carves out more than $170 million in funding that will go toward several port deepening and construction projects across […]
U.S. and Mexican customs authorities hope to provide fully restored operations at the World Trade Bridge border crossing in Laredo, Texas, on Monday, May 29.
Since last Friday, the Shanghai Containerized Freight Index increased on trades from Shanghai to Europe and the Mediterranean, but declined on trades to the United States.
The Federal Maritime Commission’s Regulatory Reform Task Force, which was announced in March by Acting Chairman Michael A. Khouri, aims to identify burdensome, unnecessary and outdated directives, and recommend how […]
Total cross-border trade between the United States, Mexico and Canada in March exceeded $100 billion for the first time since October 2014, according to the Department of Transportation’s Bureau of […]
Southwest Airlines Co. names director of cargo sales, and United Council for International Business appoints senior vice president of ATA Carnet and trade services.
If it seems that freight brokerage – both digital and traditional services – are popping up on a daily basis, it could be because they are, or it at least it seems that way. Digital freight matchers (DFMs) include familiar names such as Convoy, CargoMatic, Haulfox and HaulHound. But what if you want to enter the space? Here are some tips on how to be successful as a DFM.
Flatbed hauler Daseke has decided to put some stock in its employees – literally. The publicly held company announced it will set aside 1 million shares of common stock with a current value of $9.9 million for employees. Also, a list of the world’s largest transportation companies and news on a lawsuit involving Swift.
A coalition of six state attorneys general called on the Pipeline and Hazardous Materials Safety Administration to adopt a standard requiring that all crude oil transported by rail in the […]
The $342 million in U.S. imports related to electronic cigarettes during 2016 resulted in $9 million in tariff revenue, according to a recent report from the Government Accountability Office, a […]
Roadrunner names executive vice president, chief financial officer, USA Truck hires vice president, chief technology officer, Crete Carrier names president of Crete Carrier and Shaffer Trucking, and the Port of […]
Under a proposed reauthorization bill for the Federal Maritime Commission, container carriers would have to chose between belonging to shipping alliances or rate discussion agreements.
President Donald Trump’s budget proposal released Wednesday calls for a loosening of restrictions on tolls, more private investment in infrastructure, cuts a critical loan program used by manufacturers to build fuel-efficient vehicles, and reduces workforce training grants that are used to train truck drivers and other transportation workers.
While FMCSA’s electronic logging device (ELD) rule seems like a done deal, the Owner-Operator Independent Drivers Association (OOIDA) has not thrown in the towel quite yet. Also, Republicans continue pushing for border adjustment tax, tonnage falls, and a new approach to truck safety.
The American Association of Port Authorities says members are concerned about declines in federally funded port programs in the proposed fiscal 2018 budget, but encouraged by plans to support $1 […]
With Agility’s agreement to a misdemeanor in connection to a single $551 invoice and no criminal fine, the Kuwait-based third-party logistics services provider is another step closer to resuming its […]
The Federal Aviation Administration has proposed a $63,000 civil penalty against Gladwin Paint Co. of Arlington, Texas, for allegedly violating the federal hazardous materials regulations.
Since its founding, LinkeDrive has become synonymous with driver performance coaching. Its PedalCoach product has helped thousands of drivers achieve higher fuel efficiency and boost safety performance. It turns out, though, that the data it is generating has a lot more potential.
The Federal Motor Carrier Safety Administration is again delaying a rule that many in the industry asked for – entry-level driver training. Also, a look at what life is like on the road for drivers, battery technology could extend vehicle range and UPS to add peak seasonal volume charges.
The Trump administration has nominated Richard Ashooh of New Hampshire as the assistant secretary of export administration in the Commerce Department’s Bureau of Industry and Security.
The mid-Atlantic port handled 2.56 million tons of general cargo during the first quarter of 2017, up 5 percent year-over-year, primarily due to an increase in car and container volumes.
The Hamburg-based transportation and logistics services provider recorded a net income of 30.95 million euros (U.S. $34.75 million) for fiscal year 2016, down just 0.6 percent year-over-year, according to the […]
Class I freight railroads in the United States employed 149,107 workers as of the middle of April 2017, down 0.14 percent month-over-month and 2.64 percent year-over-year.
The future of self-driving commercial cargo trucks and autonomous ocean vessels is fast approaching, but questions remain about how to develop, test and regulate the still-emerging technology.
With the summer months quickly approaching and bringing with them, many hope, more home building and construction jobs, flatbed haulers are hoping to continue the momentum they have built early in 2017.
While Congress and the states kick around proposals to increase funding for infrastructure, Robert Atkinson, an opinion writer for The Hill, has backed the idea of charging big rigs taxes based on the number of miles they drive.
The Building and Renewing Infrastructure for Development and Growth in Employment (BRIDGE) Act is sponsored by U.S. Sens. Roy Blunt, R-Mo., and Mark Warner, D-Va.
The Senate Commerce Committee cited “labor-related concerns” with the Federal Maritime Commission’s pilot supply chain information portal project, but said supply chain innovation teams will continue work this summer, focusing primarily […]
U.S. Customs and Border Protection has temporarily closed border-crossing operations at the World Trade Bridge at Laredo, Texas, due to severe flooding and power outages from a severe storm that […]
The U.S. Department of Transportation has filled its senior management team with a recent round of appointments.
Worldwide Flight Services has announced several corporate appointments, while the Coalition for America’s Gateways and Trade corridors has re-elected four directors to the board.
“If you look back at the DAT truck data, which is essentially the NASDAQ of truck freight brokerage, you would know ahead of time,” Donald Broughton told CNBC, explaining why the firm’s data is a good indicator of economic trends.
The cost of traffic congestion each year to the transportation industry is staggering. In 2015, the industry experienced over 996 million hours of delay because of congestion. ATRI determined the cost to be $63.4 billion, or $63.70 operational cost per hour for trucking. But going inside the numbers tells an even deeper tale of the cost to society.
The recent surge in U.S. oil drilling has helped keep gas and diesel prices depressed, despite oil production cuts by OPEC. This infographic provides a quick glimpse of what is happening in the sector.
APL, which CMA CGM acquired in June 2016, contributed positively to the French ocean carrier’s first quarter financial results, according to CMA CGM Group CEO Rodolphe Saadé.
“ShipRush services help e-commerce small and medium businesses and omnichannel retailers execute parcel shipments for last-mile delivery to customers,” Descartes said in a statement.
After disrupting the taxi cab industry, the famed ride-sharing company’s newly launched Uber Freight division is now accepting bookings for cargo moving in 53-foot dry and reefer vans.
The Coast Guard Authorization Act of 2017 and the Maritime Administration Authorization and Enhancement Act for Fiscal Year 2018 were among six bills approved by the Senate Committee on Commerce, […]
Container freight rates from Shanghai to the U.S. West Coast declined 8.5 percent since last Friday to $1,310 per forty-foot container, according to the latest data from Shanghai Shipping Exchange’s […]
YRC Worldwide Inc. names chief financial officer, and the Baltic Exchange appoints chief commercial officer.
Volvo Group and recycling company Renova are testing a self-driving refuse truck in Sweden that uses sensors that continuously monitor the vehicle’s path and stops the truck immediately if an obstacle appears. Volvo released a video of the vehicle in action.
The Northeast has exited a period of cloudy, rainy weather that has held down freight volumes into and out of the region. That is just one of the weather-related stories this week that have affected rates across the nation.
The expansion of fuel cell trucks is continuing, with an announcement from Ballard Power Systems that its 85-kilowatt fuel cell engine will power a Class 8 Kenworth drayage truck at the ports of Los Angeles and Long Beach. Also, Uber Freight launches, a fuel tax hike is still on the table and Amazon pushes furniture.
Sponsored by Canada’s Minister of Transport Marc Garneau, the proposed Transportation Modernization Act (Bill C-49) calls for the installation of locomotive voice and video recorders in train cabs, and a […]
Acting Customs and Border Protection Commissioner Kevin McAleenan said the agency will continue to lean heavily on the industry for input on how to improve trade facilitation and sharpen its […]
The U.S. Senate on Wednesday confirmed Jeffrey A. Rosen as deputy secretary for the Department of Transportation.
The Morris Plains, N.J.-based industrial conglomerate’s new Connected Freight solution is designed for high-value and perishable goods.
The Japanese postal, banking and insurance conglomerate had a net loss attributable to the company of 28.98 billion yen (U.S. $261 million), less than the 40 billion yen loss it […]
Any trucker knows the importance of directions. Have the right ones, and there is a good chance you can arrive on time. But incorrect directions, and not only will you be delayed, but your employer may be out money for that late arrival. A new app is hoping to change that.
Volvo Group is testing a self-driving refuse truck. The truck allows a driver to walk behind the vehicle collecting refuse container. Also, it may be easier to test truck drivers for sleep apnea following a court ruling and the prospects for industry growth are perking up.
There is only a “negligible” chance of a Jan. 1, 2020 deadline for all ocean vessels to begin using low-sulfur fuel being postponed, according to Edmund Hughes, head of air […]
U.S. Secretary of Transportation Elaine Chao told a Chamber of Commerce forum the nation’s transportation infrastructure is in need of repair, and the Trump administration will share its infrastructure investment […]
The U.S. Department of Justice and members of Congress are putting pressure on the Federal Maritime Commission to more closely examine ocean carrier antitrust immunity as it relates to joint […]
U.S. District Judge William Alsup said Uber likely knew or should have known that Anthony Levandowski took and retained possession of Waymo’s confidential files, but Waymo’s patent infringement accusations proved […]
The Pacific Coast Council of Customs Brokers and Freight Forwarders Association says Kevin McAleenan, President Trump’s nominee for commissioner of Customs and Border Protection, has earned its support over 10 […]
The British International Freight Association named policy and compliance officer, while Hendry Marine Industries launched its new business development team.
Monitoring by the U.S. Federal Maritime Commission, however, shows individual ocean carriers within each vessel sharing alliance continue to “independently and vigorously compete on pricing,” according to Acting FMC Chairman […]
“If the thesis is that all of these small carriers who’ve been running illegally will be put out of business were they to comply with this mandate, there is no incentive for them to comply.” That is part of the reasoning that Stifel analysts have used to suggest the ELD mandate will not drive up shipping rates.
Good morning. Hope the roads are clear where you are today. As it turns out, that is not often the case for many of us. The American Transportation Research Institute reported that congestion on U.S. roadways cost the trucking industry $63.4 billion in 2015 and resulted in 996 million hours of lost productivity, which is equal to 362,243 truck drivers sitting idle for an entire year.
The Coalition for America’s Gateways and Trade Corridors kicked off its annual meeting in Washington, D.C., this week by highlighting 43 freight projects that need federal partnership.
Taiwanese ocean carrier Evergreen Marine posted a net profit of 168.9 million NTD (U.S. $5.6 million) for the first quarter of 2017 on operating revenues of 33.8 billion NTD after […]
VersaCold Logistics Services appoints chief operating officer, while Pilot Freight Services names vice president of corporate development.
A new discussion agreement filed with Federal Maritime Commission by ocean carrier group OCEMA and the Port Authority of New York and New Jersey would allow the parties to discuss […]
A boom in U.S. oil production is not only helping keep fuel prices low, but it is driving more trucking business. The addition of a 2-rig, 8-well design could drive between “5,850 to 8,905 truckloads of equipment, drilling fluids, sand, water, etc.”
FedEx said it was victimized by the massive cyber attack on Friday that hit businesses in an estimated 100 countries. Also, more venture capital money is flowing into trucking and 3-D printers may be altering the movement of freight in the near future.
The South Carolina House of Representatives and Senate overrode Gov. Henry McMaster’s veto last Wednesday on a highway funding bill that will increase the state’s current 16.75-cent gas tax by […]
Intra-regional trade is leading the strong growth in container cargo traffic, up 17 percent compared with 7 percent growth in deep sea shipments, according to London-based maritime consultant Drewry.
Peel Ports appoints head of container operations and deputy chief operating officer, V. Group names interim CEO, AWO elects new chairman and vice chairman, IARW announces new board of director’s […]
This Week in Trucking, the U.S. and China have announced a trade deal centering on natural gas, financial services and beef. Also, a renewed push is on to approve hair testing in driver drug screenings and the rapid rise in last-mile delivery services is leading to plenty of new entries to the market.
Germany’s largest container shipping company, which attributed its 62.1 million euro net loss for the quarter to higher bunker prices and lower freight rates, says its merger with UASC is […]
Rates measured by the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index fell from Shanghai to Europe, the Mediterranean and the United States.
The San Francisco-based ride-sharing company could lose its fight in the European Union against being regulated as a traditional taxi service, but appears to be driving ahead in new business […]
U.S. exporters of beef and liquefied natural gas will soon have access to China’s burgeoning market, as a result of the U.S.-China Comprehensive Economic Dialogue.
The global logistics provider posted a net profit of 14.6 million Kuwati dinars (U.S. $47.9 million) on revenues of KD 320.5 million for the first quarter of 2017.
The New York-based dry bulk carrier attributed the strong revenue growth to higher spot market rates achieved by the majority of the vessels in its fleet, which were partially offset […]
Container throughput at Port of Virginia terminals has increased 7 percent so far in the fiscal year that will end on June 30, according to recent figures from the Virginia […]
The container and dry bulk markets are seeing improvement thanks to high levels of vessel scrapping and an uptick in demand, but prospects for the tanker segment are less encouraging, […]
While in-store sales have been declining in recent years, retail sales as a whole have not due to growth in e-commerce. That is resulting in a shift in freight movement, with more heading to a growing number of distribution centers and less heading to brick-and-mortar stores.
There has been a narrative in the U.S. that retail is dying a quick death. The reality is that is just not true. So far in 2017, there have been nearly as many store openings announced as store closings. This FreightWaves infographic details some of the trends in retail and how trucking is responding.
A Court of Appeals has granted a 90-day delay requested by EPA and NHTSA in a lawsuit brought by the Truck Trailer Manufacturer’s Association over the government’s Phase 2 Greenhouse Gas regulations. EPA requested the delay in part so that it can review the rule, throwing some uncertainty into implementation of the rule.
The American Petroleum Institute hailed the decision by U.S. Customs and Border Protection to withdraw an Obama-era proposal to withdraw Jones Act exemptions, but the Offshore Marine Service Association says […]
However, the Danish shipping conglomerate’s ocean carrier subsidiary, Maersk Line, recorded a $66 million loss for the quarter.
Two U.S. House representatives have filed a bill to promote programs in two-year community and technical colleges to stimulate jobs in the domestic maritime industry.
Three large ocean carrier associations filed a proposal with the International Maritime Organization to consider as it develops a comprehensive Greenhouse Gas (GHG) Strategy for maritime shipping.
The mail carrier and logistics provider recorded consolidated net profits of 673 million euros (U.S. $731.6 million) on revenues of EUR 14.9 billion for the first quarter of 2017.