Abduvosit Razikov, chief executive of DM World, who was individually named in the breach-of-contract lawsuit, isn’t new to the trucking industry, having started at least four companies in Florida since 2008.
U.S. Federal Maritime Commissioner Rebecca Dye said Fact Finding 29’s work will help the American ocean shipping industry better prepare the supply chain for the post-virus economic recovery.
FourKites has announced several new features, including paperless document transfer and communication tools, to enhance worker safety, improve shipment tracking, and speed payment processes.
Tanker owners increasingly point to upside to come after floating storage unloads.
Fleet management solutions provider also raises $400 million in equity to help sustain operations during coronavirus downturn
U.S. Federal Maritime Commission finds sufficient credibility in Lake Carriers’ Association petition to support invoking rarely used 1920 Merchant Marine Act investigative authority.
In some states, companies are now allowed to bring their employees back into the building. That process may end up being far more complex than anticipated.
Covenant Transportation Group provides an update on the ‘strategic plan,’ announced breakeven results in April during first quarter conference call.
Jim Blaze writes about the advantages to the railroads of rebuilding locomotives instead of buying new ones.
Salesforce Labs has launched the Supplyforce Bot on Salesforce AppExchange to improve real-time communication within the supply chain. (Photo: Salesforce)
Recent stabilization in truckload markets with a recovery expected later in the year were some of the takeaways from Wolfe Research’s investor conference.
Chris McMillin of AIT Worldwide Logistics addresses how advanced technology can deliver supply chain solutions.
The partnership could help Microsoft usher in a new era of retail.
Covenant Transportation Group sees a breakeven April and noted that May trends have “stabilized” as it moves forward with restructuring efforts.
Pandemic-caused shortages put spotlight on importance of cargo moved through California ports
Driegert said that shipper expectations for technology and speed of execution have irrevocably shifted.
Wallbox, a smart EV charging company headquartered in Spain, closes second round of series A funding as it expands into the United States
Brian Aoaeh provides statistics and insight into how freight and shipping professionals are working during the pandemic.
Supply chain management solutions provider project44 said it has shippers covered no matter where and how their cargo is transported throughout the world.
The more sailings cancelled, the more risk to companies leasing container ships to carriers.
Airlines know 2020 will be financially bleak but are seeing some green shoots of customer activity as encouraging.
Echo Global Logistics is adding truck parking reservation service TruckPark to its EchoDrive Preferred platform, allowing drivers to easily reserve parking spaces through the web portal or app.
Bulkloads.com has rolled out the first phase of a planned TMS system to ease document transfer during the COVID-19 pandemic. Plus, ports see container declines, diesel prices fall again and Ikea looking at buying malls.
Warehouse operations have also been affected by COVID-19. Here are some suggestions that may help increase efficiency of operations.
Walmart bested analyst expectations as grocery and household items drive comparison sales 10% higher and ecommerce accelerates 74%.
As various parts of the nation and the world begin to open up, there will be logistical and supply chain issues. Darren Prokop explores those issues.
Nine carriers in the Digital Container Shipping Association say eliminating paper from transactions will improve all aspects of the process.
These two industry leaders discuss the partnership with FreightWaves, cyber security malware, and more from the virtual event of the year.
NCBFAA President Janet Fields has knowledge and skills to lead industry through worst of times, former association President Amy Magnus says.
Major truck manufacturers are using digital tools for ordering parts, repairing equipment faster and transporting trucks for service because of staff shortages during the COVID-19 pandemic.
Trucking Freight Futures ended the week on a down note across the board Friday as uncertainty in the market continues to weigh. Friday’s downturn mostly wiped out a recovery in the futures markets week-over-week.
Opendock’s data aggregation shows beer distributors seeing strong sales during pandemic.
Unlike many other bankruptcies, this one looks like jobs are being kept
Growth at Uber Freight took a pause in Q1 while the digital brokerage trimmed losses.
Futuristic mobility company HyperloopTT uses virtual collaboration platform Workplace to seamlessly connect all of its spread-out employees.
Israel’s flagship carrier El Al is struggling to hold on financially during the COVID-19 pandemic and is looking to the government for a lifeline.
The U.S. Federal Maritime Commission says an amendment to the Puerto Nuevo Terminals Agreement poses no anticompetitive concern.
Fullbay, the heavy-duty repair software provider, has launched Fullbay Cares, making a donation to Feeding America and Food Banks Canada each time a repair shop signs on to the Fullbay platform in May. Plus, Texas DOT hacked, dynamic route planning takes hold, and the new COVID reality
Travel bans, shelter-in-place orders and virtually no demand for rental cars created a domino effect that is hammering the auto industry amid the coronavirus pandemic.
Workflow automation technology company RPA Labs has landed its first round of capital, netting $1.2 million in a pre-seed round. Schematic Ventures led the round, along with PSA UnBoxed (Port […]
Airlines need to reassure customers that airplanes are safe from coronavirus to win back their business. Enter Boeing, with its Confident Travel Initiative to help them develop best practices for doing that.
Attorneys representing plaintiffs in the legal action say they’ve got a binder full of cases.
European Commission scrutinizing financial incentives from South Korean government
Charley Dehoney spoke with the founder of BasicBlock, a blockchain startup based in Nebraska. Here is the story of the company’s success to-date.
Apart from exonerating drivers from wrongful accusations in road accidents, dash cams can also help the fleet management reward top drivers and improve driver behavior.
EKA Solutions builds ecosystem for small and medium-size brokers, carriers and shippers
“Inland waterways shipping does not fit into Imperial’s future development strategy,” said CEO Hakan Bicil.
German carrier is cutting costs and counting cash as the economic impact from the pandemic is expected to hit Q2 results.
“Nowcasting” platform uses ship-tracking data to detect coronavirus fallout.
Cervus Equipment’s Peterbilt dealerships had a strong first quarter, but the company says it expects COVID-19 will hit short-term demand.
Wabash National felt the COVID-19 pandemic in the first quarter, but the trailer maker said its earlier preparations for a softening market helped offset deeper trouble.
Taiwanese carrier among Asian container shipping lines criticized for government subsidies.
“Good faith” is inferred and won’t need to be certified further.
Americold Realty Trust will partner with grocery retailer to provide 500,000 square feet of frozen storage space in two new facilities.
CNBC’s Lori Ann LaRocco writes about the impact of COVID-19 on U.S.-China trade, particularly in regard to the trade war between the two nations.
Are the railroads following Hunter Harrison’s PSR directives? Railroad expert Jim Blaze explores the topic.
Newsom order assumes if you have it, you caught it at work.
Most crops don’t grow without seeds. But how are seeds for commercial farming transported? Darren Prokop explores this topic.
“Love & Hip Hop: Atlanta” star allegedly spent $1.5 million on things such as jewelry, child support
April’s 20% year-over-year declines in Cass data may mark the bottom of the COVID-19 downturn.
The path ahead will look very different, according to global seaport authorities.
The numbers are in – earnings for the quarter have been reported by all the trucking and other freight-related companies for the three months that ended March 31. And what […]
With a June 2 merger vote that would make fuel cell electric truck maker Nikola a public entity, the company’s book value has quadrupled to $12 billion in the last week.
Titanium Transportation Group depends on no single customer for more than 6% of its business. That diversification is paying off during the COVID-19 pandemic.
A U.S. federal court on Monday agreed on an interim basis to Avianca Holdings SA’s initial motions to voluntarily reorganize under court-supervised bankruptcy protection. Latin America’s second-largest airline sought bankruptcy […]
Drone technology provider to UPS Flight Forward aims for unmanned aircraft systems certification from the U.S. Federal Aviation Administration.
A $750 million external investment this week comes as an extension to Waymo’s $2.25 billion financing earlier in March.
If a sector or industry goes down due to COVID-19 and a carrier hasn’t diversified, that carrier might be following it.
World’s largest box carrier expects capacity cuts to mitigate volume downside.
Stifel’s David Ross announces that he is suspending his rating and estimates on YRC Worldwide and questions the company’s ability to survive.
Titanium Transportation Group reports 13.6% increase in revenue on the strength of its growing brokerage business in the United States and steady performance from trucking.
Bankruptcy law changes passed just in time; will trucking companies use them?
The coronavirus may be top of mind these days, but there are other viruses businesses need to worry about as well — viruses that infect computer systems through malware. Toll Group is the latest victim.
Japanese carrier tempers profitability news with financial concerns.
Freight Futures data to watch today: Spot month futures prices It was a calm start to the week for the Trucking Freight Futures markets as the spot National contract (FUT.VNU202005) […]
Food shipment volumes across restaurants and hotels are still down, while on-demand food delivery volumes have gone up during this pandemic.
Daseke selects current flatbed head to lead operations amid a multi-year restructuring effort.
An integration with 3PL Systems will make Trucker Tools’ Smarter Capacity platform available to all 3PL customers. Plus, a major airline failure could be on the horizon, online car buying could be here to stay, and more Pennsylvania rest stops open.
The world of transportation has changed due to COVID-19. Read about how shipping professionals are adapting to those changes.
Albrecht brings deep industry relationships and an expertise in transportation finance to the insurance company.
It is the first outside funding for the 10-year-old last-mile logistics tech company
Brett Hart served six months in 2015-16 as interim CEO of United Airlines while CEO Oscar Munoz recovered from heart surgery.
YRC beats expectations with the benefit of outsized gains on sales. Noting volumes were down 24% in April, management says it likely won’t satisfy debt covenants into 2021 and it opts out of questions on its call.
Agent-based 3PL had been looking for “tuck-in” opportunities.
The dry bulk market is getting hammered again — not a positive signal on the global economy.
Gene Seroka expects supply chain fractures may remain after the world heals from the coronavirus pandemic.
Former trucking company owner slapped with 15-month prison sentence for wire fraud
Emirates SkyCargo’s business fell in fiscal year 2019-2020, but the airline division is experiencing strong demand for its services during the coronavirus crisis.
One of the Middle East’s largest airlines targets freight to keep its more than 250 aircraft flying during the coronavirus pandemic.
The biggest loss before that in the past seven years: not even 10,000 jobs.
vHub, which connects owners of underutilized trailers with those looking for short-term trailer usage, has opened its platform to integration with most telematics systems. Also, China trade deal in doubt, retail imports fall and road funding drops.
Inadequate cybersecurity will allow attackers to hack into railway systems and stop trains, causing massive disruption to freight movement.
First female judge advocate general and chief counsel, a returning business development leader and a service center manager are announced.
It got $10 million that Clyburn maintains is for smaller firms
Diamond S boss sees tanker-market “trough” on the horizon.
But in looking at big picture, Executive Director Griff Lynch is celebrating small victories.
The transportation and warehousing sector sheds 10.4% of employees in April as Canadian Trucking Alliance calls for additional federal aid.
“Substantial” federal funding needed to maintain service, board chairman warns.
USA Truck continues to execute on its internal turnaround initiatives, but they have yet to bleed through and provide positive earnings results for the carrier.
Action is five years after a refining unit exploded, sending gasoline prices higher.
