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.
In a connected society, the transparency of items moving through the supply chain is a critical component of shipping best practices. From manufacturer, to trucking company, to end customer, the tracking of goods ensures timely delivery and top customer service ratings. OmniTrails is poised to lead to next revolution in this arena with its micro-location tracking solutions.
The Global Port Tracker, which is produced by Hackett Associates for the National Retail Federation, is projecting year-over-year volumes increases at the nation’s major retail container ports in the coming […]
A Miami court found that a forum selection clauses in an ocean bill of lading trumped arguments for a more convenient location for the litigation.
The U.S. House of Representatives approved the $1.1 trillion bipartisan 2017 spending bill Wednesday by a 309-118 vote, and the U.S. Senate approved the bill Thursday by a 79-18 vote.
S.C. Governor Henry McMaster vetoed a bill strongly supported by both side of the state legislature to increase the state’s current 16.75-cent gas tax by 12 cents over the next […]
They say farm to fork, but without trucks, the farm never makes it to the stores, much less the fork. And that’s why ag haulers are so in tune with their shipping partners. When farmers suffer from crop delays for any reason – trucking is affected.
Ocean carriers Crowley Maritime and TOTE Maritime Puerto Rico have both invested heavily in services to the financially troubled commonweath and will be watching closely as it endeavors to restructure […]
Ali Maserrat, founder of an Uber-style courier called Peykyab, is disrupting the traditional parcel carrier model in Iran’s capital city of Tehran, and is now looking to spread his operation […]
International Airlines Group subsidiary IAG Cargo saw revenues slip 2.3 percent year-over-year to 256 million euros (U.S. $278.7 million) in the first quarter of 2017, despite growing cargo volumes 3.6 […]
The Omaha, Neb. transportation and logistics services provider will integrate MacroPoint’s visibility platform into its greater North American logistics solutions offerings.
The Berkshire Hathaway-owned Class I railway increased net revenues 8.8 percent year-over-year during the quarter, reflecting higher volumes and average revenue per car/unit.
Ready or not, truck platooning is inching closer to reality. And it offers a real chance at fuel savings. Research suggests that trucks running in platoons can save between 4% and 10% in fuel depending on their position in the platoon. Read more about how Peloton is moving the industry closer to vehicle platoons: Peloton set to debut truck platoons later this year.
UPS conducted a drone delivery test in February in Lithia, FL, with Workhorse Group, an Ohio-based battery-electric truck and drone developer. Workhorse built the drone and the electric UPS package car used in the test. Read more about how last-mile delivery is changing: R2D2 may make your next delivery.
President Donald Trump said in a recent interview with Bloomberg News he would “certainly consider” raising the federal gas tax, which has not been increased since 1993, but many Republicans […]
The consolidation from four major east-west container carrier alliances to three is designed to improve operational efficiency and profitability for the carriers, but it may also limit service options for […]
The aircraft lessor and air cargo transportation provider reported net earnings of $10 million on revenues of $237.9 million for the first quarter of 2017.
The air cargo services provider reported an income from continuing operations, net of taxes, of $0.04 million for the first quarter of 2017, compared to $0.5 million for the corresponding […]
Roadrunner unveils new management team, Flexport hires senior vice president and global head of airfreight, Logistec appoints executive vice president, and Celadon names president and chief operating officer, and president […]
This Week in Trucking, Elon Musk adds some details to his electric Tesla Semi program; the U.S. trade gap with Mexico is growing larger and Amazon faces a carrier lawsuit for refusing to pay shipping fees.
The Republican health care bill has received both criticism and applause from a divided nation. But what does it do for trucking? Well, like the rest of the nation, that may depend on what side of the industry you are on.
Since last Friday, the Shanghai Containerized Freight Index fell on trades from Shanghai to Europe, the Mediterranean and the United States.
Dubbed the Alert ELD system, the new electronic logging device mandate compliance solution is registered and certified with the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration.
The U.S. Coast Guard is looking into four laser light “strikes” on commercial vessels that occurred between midnight and 3:00 a.m. on Wednesday in the southern Chesapeake Bay, according to […]
The transportation and logistics sector added 3,500 jobs in April 2017 following revised gains of 6,600 jobs in March and 7,600 positions in February, according to recent preliminary data from […]
Union Pacific subsidiary PS Technology has partnered with Norfolk Southern to create the new automated system that’s expected to boost Norfolk Southern’s operating efficiency, lower costs and increase productivity.
The ocean carrier industry has seen unprecedented changes in the past year or so, but will rapid consolidation and a reshuffling of alliances actually allow carriers to raise rates and […]
To show off its Project Portal prototype hydrogen fuel cell Class 8 tractor, Toyota recorded the vehicle in a drag race against a similarly equipped diesel-powered tractor.
UPS has announced an expansion of its large alternative vehicle fleet with the addition of hydrogen fuel cell delivery trucks. The vehicles will be in operation in California later this year.
The Consolidated Appropriations Act, 2017 (H.R. 244), which was passed by the U.S. House of Representatives Wednesday by a 309-118 vote, will boost funding for the Department of Defense and […]
The Greenwich, Conn.-based third party logistics provider recorded a net income of $24.9 million for the first quarter of 2017, up from a net loss of $19.3 million for the […]
Asia Pacific airlines saw volumes surge 13.6 percent in March, while shipments carried by European airlines jumped 18.2 percent, and North American airfreight volumes grew 9.5 percent, according to figures […]
Combined United States carload and intermodal cargo volumes increased 5.2 percent in April 2017, the sixth consecutive month of year-over-year growth, according to data from the Association of American Railroads […]
Net orders for North American Class 8 trucks totaled 23,600 units in April 2017, up 4 percent from the previous month and 77 percent from the previous year, according to […]
Members of the House Subcommittee on Coast Guard and Maritime Transportation say the law, which provides ocean carriers with limited antitrust immunity, is not up to date with the operational […]
To highlight the impact weather can have on trucking, and to highlight their new partnership, TransFX, which is seeking to offer trucking freight futures contracts, and Riskpulse, a supply chain risk analytics firm, have produced an infographic that provides a few surprising facts about weather-related delays.
The Danish global transport and logistics provider said the first quarter of 2017 was positively impacted by gains of around DKK 125 million in the Road division.
The non-asset based supply chain management company recorded a net loss of $57 million for the first quarter of 2017, compared to a net profit of $3 million for the […]
Certain provisions of the merger agreement would have “jumped the gun” by allowing NYK, MOL and “K” Line to share competitively sensitive information or prematurely combine, according to the Federal […]
Certain provisions of the merger agreement would have “jumped the gun” by allowing NYK, MOL and “K” Line to share competitively sensitive information or prematurely combine, according to the Federal […]
Unlike autonomous vehicles, a driver remains in ultimate control of a truck while in platoon formation. Because of this, it is likely that two-truck platooning will be available to fleets later this year.
During the quarter, COSCO SHIPPING Holdings Co., Ltd. reported a higher net profit, revenues and volumes compared to the corresponding 2016 period.
The partnership is bringing together BluJay’s transportation management solutions with FourKites’ real-time freight visibility and orchestration platform.
The Commerce Department’s International Trade Administration projected that rising oil and gas prices worldwide will spur an increase in U.S. oil and gas equipment exports during the next four years.
