Freight Futures daily curve: 3/2
Trucking Freight Futures significantly down for the week as February contracts enter expiration and fears of significant supply chain disruption grows.
Trucking Freight Futures significantly down for the week as February contracts enter expiration and fears of significant supply chain disruption grows.
China’s largest ecommerce company, JD.com, not ready to completely quantify coronavirus disruption.
A proposed $1.8 billion sale of U.S.-origin air defense systems is expected to open a pathway to increased exports to the South Asian economy.
The cloud robotics company announces a new tool allowing customers to program robot movements, without outside assistance.
FreightWaves Market Expert Mike Baudendistel writes about the issues impacting rail intermodal in 2020, and the ongoing battle between the railroads and the trucking industry.
The federal court affirmed an earlier decision by the Court of International Trade, despite a challenge from the American Institute for International Steel claiming the president overstepped his authority.
Trucking Freight Futures tumbled on Thursday on growing fears of a global supply chain slow-down due to the continued spread of Coronavirus.
The National Treasury Employees Union tells House appropriators that Customs and Border Protection requires an additional 1,100 officers and staff to carry out its mission at the nation’s ports of entry.
Brian Aoaeh explores unforeseen shocks to global supply chains and global commerce.
TQL said the data breach was not a malware or ransomware attack and will continue to work with law enforcement and cyber security firm to identify victims.
Though still quiet on Wednesday, activity in the Trucking Freight Futures began to return as the market deals with uncertainty.
It has been a particularly rough start of the year for tanker stocks despite exceptionally strong results.
FreightCar America’s fourth-quarter results highlight the weakened railcar demand environment.
Harbor commissions sign agreement to collaborate on common issues.
“They don’t need to sleep in a vehicle. They can work in an office environment and then go home.”
FreightWaves CEO Craig Fuller writes about FreightWaves third birthday, and the company’s past, present and future.
Video telematics company Lytx has introduced a risk detection tool that will identify and engage with drivers who are prone to distracted driving.
Unix Line admitted that its tanker, Zao Galaxy, illegally discharged oily bilge at sea while on route from the Philippines to California’s Port of Richmond in late January 2019.
PS Logistics announces that it has completed the acquisition of Southeast Logistics.
SITA committed 9,256 violations of the Global Terrorism Sanctions Regulations between 2013 and 2018 by providing services from and transiting through the U.S. to blacklisted Syrian and Iranian airlines.
The unit was acquired from GE Capital in 2015 and has struggled recently.
No evidence yet of coronavirus-induced drop in dry bulk rates. Is it coming?
Schneider National’s new Dallas operating center set to open as the company looks to grow its active fleet.
Trucking Freight Futures continued treading water on Tuesday as the spot contract “roll” approaches at the end of this week.
Lowe’s sees positive sales comps in 14 of 15 regions, but full-year fiscal 2020 guidance disappoints.
United States-Mexico-Canada Agreement has the support of a majority of Canadian lawmakers even if some seem set on delaying ratification to score political points.
U.S. export licenses are required for numerous types of highly infectious diseases that are shared in the form of samples for medical research between labs around the world.
ORBCOMM lowers full-year 2020 guidance given recent coronavirus developments.
OneRail is a last-mile orchestration and fulfillment platform that consolidates the needs of shippers and retailers onto a single platform.
Simplicity — Coyote’s guiding philosophy in its quest to make the diverse marketplace easier to access regardless of the end user — has served the company well. After its founding […]
In the past 30 years railroad freight cars have been able to carry heavier loads, thanks to decisions made in the late 1980s. Read Jim Blaze’s article about what happened and how it has been very important to the railroads.
New service helps companies wade through turbulent trade waters.
Fleet Advantage is adding predictive modeling to its ATLAAS platform, giving fleets a look at vehicle replacement cost savings at specific points in time.
U.S. Agriculture Secretary Sonny Perdue said most benefits of “Phase One” trade deal with China should be realized in 2020, despite commercial disruption from coronavirus.
Wabash has combined innovative composite material with an electric refrigeration unit to produce a zero-emissions trailer.
Trucking Freight Futures stuck in neutral on Monday as Coronavirus fear grips market.
MyTruckScales is eliminating paper scale tickets through wireless technology that will save time for drivers and lower costs for scale owners
The Home Depot continues to report record sales growth on the back of a “very strong” consumer.
Hubless logistics company assembles “algorithmically created carpools” of LTL freight, to be shipped via full truckload
The trade war between the U.S. and China caused companies to adapt supply chains and the transportation of their products. Darren Prokop writes about those changes and their impacts.
Democratic Senators Charles Schumer and Sharrod Brown say sanctions should target not only the responsible Russian government agencies and officials, but President Vladimir Putin.
Ecommerce is a competitive market, and companies need to provide a highly flexible delivery experience to retain their customers.
Higher fuel sales and restoration of the federal tax credit for biodiesel blending boosted the bottom line. However, operating margins continued to be under pressure and the travel center operator borrowed money to cover general expenses.
The Commerce Department wants to further restrict U.S.-origin items that could assist in nuclear and missile weapons development and diversion efforts in the two countries.
Wabco leverages its own intelligent antilock brakes and some help from other suppliers to create a connected and smart trailer platform.
More mergers and acquisitions in the final-mile space as Atlas Logistics acquires last-mile solution in TopHAT deal.
Lower operating expenses helped buoy BNSF’s quarterly and annual profits despite declines in rail volumes and revenue.
Decisiv Marketplace combines the company’s Service Relationship Management (SRM) solutions and its SRM Ecosystem into a single, shared platform for customers.
Despite the relative calm since last Tuesday’s trading session, Trucking Freight Futures finished the week moderately lower.
A skeleton crew remains after autonomous trucking startup Starsky Robotics fails to find a buyer or new investors, according to a former executive.
Descartes will now serve an extended ecommerce customer base that is looking to enhance its direct-to-consumer fulfillment performance.
The nationwide retailer has become the first participant in the U.S. Food and Drug Administration’s Voluntary Qualified Importer Program, which aims to reduce foodborne illnesses from imports.
The Technology & Maintenance Council annual meeting has kicked off, and it’s all about connectivity and electrification, plus a CBD warning, oil prices fall, and the coronavirus
Phillips Connect Technologies has introduced a series of technologies that use data to reduce downtime and prevent improper trailer use.
vHub’s trailing repositioning and sharing marketplace is designed to increase trailer utilization and revenue through a community-based rental platform.
NACFE is kicking off a three-year project as it digs deeper into electric truck opportunities in regional haul.
Competition intensifies for new entrants and legacy providers in the fleet management market.
Winter weather can have a major impact on freight movement. Read meteoroligist Nick Austin’s article about winter weather conditions.
Transporting legal marijuana and related products remains difficult. Learn why in this article.
Digital freight matching has turned a corner in the marketplace.
The Justice Department said the former owners of Road Tire Plus Corp. in South Florida avoided paying federal tax on tire imports.
Head of academic center sees spike in rates, or continued pain through the sector.
A pattern of stability has developed over the past two trading sessions as Trucking Freight Futures await next catalyst.
Higher margins from completed vehicles help offset hit from GM strike as Canadian auto manufacturer warns of potential impact of coronavirus.
Americold sees “lots of occupancy opportunities” for cold storage moving forward.
The rail equipment manufacturer and lessor is reducing deliveries of new railcars at the start of 2020, but it’s eyeing an improving market later this year.
Atlas Air had a difficult year in 2019, but has made some tactical decisions to turn around its financial performance.
Volvo Trucks North America and its sibling Mack Trucks later this year will allow individual truck drivers to schedule over-the-air updates typically handled by fleet managers.
February is National Heart Month. Truck drivers’ health is a key issue; here are some tips to get healthier!
McLeod Software recently hosted a conference on the use of artifical intelligence and business intelligence in transportation.
KeepTruckin is shutting down OPL after less than a year in order to create a neutral freight marketplace.
A feeling of relative stability returned to the Trucking Freight Futures markets on Wednesday.
2020 is shaping up to be a difficult year for the airline industry because of the coronavirus and uncertainty over when demand for China travel will pick up once the outbreak has subsided.
Heavy-duty transmission maker Allison reported lower sales and profits across its product line with its North America on-highway business the sole exception.
Electriphi provides solutions for vehicle electrification and has developed a charging and operations management platform that is built over open standards.
CalAmp introduces iOn Tag and iOn Vision solutions that will improve operations, provide long-term cost savings and enhance driver safety.
The Bureau of International Security and Nonproliferation ordered the revocation of export licenses linked to violators of the Iran, North Korea and Syria Nonproliferation Act.
Outlook of world’s largest container line hinges on timing of coronavirus containment.
The study hopes to produce data that will persuade shippers and cargo owners to move freight using a “marine highway.”
The rail equipment manufacturer and lessor managed to increase quarterly revenues despite a slump in North American railcar demand.
U.S. Customs and Border Protection officers at International Falls, Minnesota, discovered the illegal product in two 40-foot containers from China.
Knight-Swift Logistics will be part of a pilot program that will test DAT Solutions’ new Book Now automated freight tendering solution.
The group is part of the company’s strategy to transform into a data-driven solutions provider.
Headwinds from one-time expenses, geopolitical tensions in Asia and the grounding of Boeing 737 MAX aircraft kept Air Canada from growing profits in line with stock market expectations.
Asian refineries suddenly have too much gasoline, diesel and jet fuel. Buyers in the West are taking the overflow, a plus for product tankers.
After taking a holiday breather, Trucking Freight Futures continued their February swoon on Tuesday.
The “Amazon Effect” continues, moving in multiple directions at the same time. Here are six ways Amazon’s fast delivery is changing shipping.
We examine two historical freight market troughs, 2011 and 2013, to understand current dynamics.
ATRI’s annual study finds significant congestion up 92% in five years.
Partnering with the right 3PL provider allows access to a far-reaching carrier network, expansive capacity and a full spectrum of tools and resources.
Railroads once carried much of the fresh produce across the U.S. Can they do it again? Jim Blaze explores the topic in his latest commentary.
The bankruptcy of several trucking firms has impacted capacity and U.S. trailer availability in Mexico, forcing companies to look at different ways to keep freight rates low.
ALC president sees little overlap in customer base.
Declines in Cass data accelerate but report calls for rates to inflect higher in 2020.
The mission is to make the yard environment cleaner and more efficient, Outrider CEO says.
The Office of Foreign Assets Control has added the Swiss-based oil brokerage arm of Rosneft Trading to the SDN List for its recent arrangements to transport sanctioned Venezuelan oil.
The second half of 2020 is shaping up to be either very good or very bad for dry bulk shipping.
Nothing fires up the trucking community like a strong opinion on the driver shortage. From its inception, FreightWaves waded into the conversation, balancing perspectives from both ends of the continuum. […]
The Artic Ocean may be the next area that sees the superpower nations “rubbing up” on each other in search of faster ocean passage and a new source of natural resources.
With Trucking Freight Futures closed on Monday, new SONAR futures spot month data combined with the forward curves point to a continued soft rate environment.