Commentary: Building a more efficient supply chain
Optimizing the supply chain is the Holy Grail of shipping, but many companies go about it the wrong way, and it starts with not understanding the process.
Optimizing the supply chain is the Holy Grail of shipping, but many companies go about it the wrong way, and it starts with not understanding the process.
Anthony Levandowski, considered a pioneer in the development of autonomous transportation technology, has pleaded guilty to federal criminal charges in California, according to multiple press reports. Lewandowski pleaded guilty to […]
J.B. Hunt announces $500 one-time bonus for drivers and field staff serving during COVID-19 pandemic.
But attorney Gaines notes that there are some parts of the rules that might be confusing to some.
“IT strength and capability” helping Orient Overseas (International) Limited service customers during coronavirus crisis.
Morgan Stanley upgrades its freight transportation industry view from “cautious” to “in-line.” The firm lowered its earnings expectations for the group.
Freight Management Systems (FMS) has created a new web-based TMS solution that brings in open API to extend and function within any brokerage operation.
Brian Aoaeh is a contributor of commentaries to FreightWaves. Last week he wrote Commentary: Supply Chain Caucus established in U.S. House of Representatives. That spurred an idea to write the […]
The Office of the U.S. Trade Representative acknowledged, “the imposition of tariffs on certain Chinese imports has resulted in an overall decline in the availability of needed medical equipment and supplies.”
UNIX Line’s tanker, Zao Galaxy, discharged the contaminated water overboard in early 2019 during a voyage between the Philippines and California’s Port of Richmond.
Treasury Secretary Mnuchin stated the US unemployment rate may reach 20% in the short term if significant fiscal stimulus action was not taken. We estimated whether the modern economy could reach such levels.
The Chinese government is using the reason “Acts of God” to void many contracts due to coronavirus. Darren Prokop explores whether that is hurting current trade and will impact trade in the future.
Starsky Robotics believed it had a viable path to autonomous trucking, but investors didn’t agree and the startup ran out of money.
Likelihood of economic recession could set stage for reauthorization in September.
A lawsuit, seeking class action status, was filed against TQL over its recent data breach.
Store managers will get bonuses early and regardless of performance.
One of Canada’s largest transportation and logistics companies says it will temporarily lay off some employees, suspend dividend and slash executive pay as it braces for economic fallout to hit freight.
Cybersecurity & Infrastructure Security Agency issues guidance on critical industries as millions of Americans ordered to stay home.
Trucking Freight Futures trend lower in quiet trading session on Thursday as the spot National contract slips to $1.363/mile.
BCOs handled 45% of shipments by revenue in the fourth quarter of 2019.
Fleet tracking and vehicle management firm PowerFleet has developed a suite of solutions that are individually tailored to provide operational visibility for firms of different sizes and capacity.
Should the railroads pare the number of types of railcars? Jim Blaze explores this topic.
Limited food options in the new Pennsylvania opening, but better than zero.
Americold Realty Trust plans to keep all 183 cold storage facilities “open for business.”
U.S. Customs and Border Protection officers at the ports of entry remain watchful of fraudulent imports that take advantage of Americans during the COVID-19 crisis.
As trucks try to resupply stores across the U.S. and Canada, an issue of drivers’ health insurance when in a different country has arisen. Read this article to learn more.
TA’s CEO says it’s a sign of supply chain “resilience.”
Citing a deterioration in market conditions, XPO announces that it is no longer looking to spin-off its separate business units.
U.S. Customs and Border Protection officers at the Chicago O’Hare airport international mail facility find more counterfeit coronavirus test kits in parcel shipments from the U.K.
Approximately 30 former Lipsey Logistics employees say they were blindsided after they were called into a meeting and laid off without warning on Wednesday.
Autonomous truck developer Starsky Robotics has ceased operations as it was unable to attract investment or a buyer.
The U.S. Office of Foreign Assets Control adds five U.A.E. companies to SDN List for facilitating embargoed Iranian oil sales.
The micromobility segment has arisen as an alternative transit option across major cities, and companies in the segment will need to be tactical in their approach to profitability.
Trucking Freight Futures held steady on Wednesday as the April National contract (VNU) saw 10 more contracts trade at $1.375/mile.
During a roundtable discussion, the CEOs of Convoy, Flexe and Flexport spoke about the coronavirus and the future of freight.
OmniTRAX announces new CFO following several additions to the management team.
Americans for Free Trade, which represents more than 100 trade organizations, said eliminating existing U.S. tariffs on Chinese goods would boost the American economy by $75 billion during the COVID-19 crisis.
Flatbed volume has been building over the past few years. Read why in this article by Kayla Matthews.
Canadian bank’s transportation portfolio already had been sagging.
A FreightWaves survey examines what motor carriers, drivers and shippers and receivers are doing to curb the spread of the coronavirus pandemic.
ACT Research cannot model downturn scenarios fast enough for Class 8 trucks, but high inventory levels make the coronavirus crisis a good time to take a production break as demand is practically nonexistent.
It’s a full red alert for the airline industry as the coronavirus crushes travel demand. Companies are racing to shore up their finances as revenues dry up.
While USDA and FDA staff and resources become constrained by the coronavirus, the agencies continue to work with industry to protect the health of the food supply chain.
Trucking Freight Futures rally as the April National contract trades at $1.375/mile with more companies returning to the market to hedge their exposure to freight rate volatility.
Shen was previously chief operating officer and president.
The Trump administration notified Congress that it will begin bilateral trade agreement talks with the East African country.
U.S. Customs and Border Protection attributed the cancellation to “the unprecedented situation related to coronavirus (COVID-19) across the country, and the closure of our testing centers.”
Waymo announced that it will stop driver-monitored self-driving taxi services in Phoenix, Arizona. However, truly autonomous taxis will continue to function.
Company suspends fiscal 2020 earnings forecast due to COVID-19 outbreak
It won’t be the last opportunistic e-commerce acquisition we see.
Stifel Financial sees an OK first quarter, but the picture gets less clear after that, with risks to second-quarter earnings estimates.
Lev Aslan Dermen was convicted on multiple charges involving business connections to brothers Jacob and Isaiah Kingston, who were convicted in 2018 for their role in a massive biodiesel tax scheme.
The Trucking Freight Futures markets finished Monday unchanged to mixed, pointing to continued tightening of spot market capacity.
LoadStop provides a TMS solution that has a built-in compliance manager and an autonomous dispatcher that helps fleets find best-match loads in the spot market.
Office operations that remain open implement CDC guidance to protect employees from spreading or contracting COVID-19.
Amazon.com, Inc. plans to add 100,000 workers, increase hourly wages and limit items received into its fulfillment centers in response to the coronavirus outbreak.
“With ongoing challenges posed by the coronavirus, there is real concern about these fees being assessed when there are equipment issues beyond the control of the shipper or motor carrier,” 67 trade associations told the Federal Maritime Commission.
For fleets that run throughout the day and need high utilization, hydrogen fuel cells offer great value for investment, while also creating zero emissions.
Stifel Financial’s conference call with industry executives forecasts supply chain disruption extending to July or longer.
FreightWaves’ OTRI is now higher than it was a year ago
Trucking Freight Futures posted moderate gains across the board on Friday to wrap up a tumultuous and volatile week.
The Commerce Department’s Bureau of Industry and Security said the 24 companies and individuals added to the Entity List pose a U.S. national security and foreign policy risk.
FreightWaves SONAR can help those in the freight industry stay current with what is happening in transportation and logistics during the coronavirus pandemic.
Coronavirus has strained supply chains and had a huge impact on the movement of freight.
Members of the U.S. House of Representatives have formed the Supply Chain Caucus. Read why this is important for all of us.
“The American public should be aware of bogus home testing kits for sale either online or in informal direct to consumer settings,” U.S. Customs and Border Protection said.
Rose Rocket’s order management platform integration with Geotab’s system gives trucking companies more tools to offer shippers, including track and trace and real-time ETA
Attorney general argues federal rule does not preempt law impacting independent contractors.
The waiver will run through April 12 or the end of the emergency, whichever is first
Uber Works helps temporary workers connect directly with companies posting jobs via its digital marketplace and ensures workers get paid without delay.
The Office of Foreign Assets Control added Russian oil company overseas affiliate TNK Trading International in Switzerland to the Specially Designated Nationals and Blocked Persons List.
Visibility startup ensures compliance by taking corrective action in real time.
ATA says it expects a waiver. States are already granting them.
The Commerce Department’s Census Bureau and Bureau of Industry and Security believe an upcoming proposed rulemaking may resolve the regulatory confusion for required export data.
Trucking Freight Futures finish higher on Thursday as capacity tightened to meet demand of panic buying caused by the coronavirus pandemic.
Are there too many railroad freight cars? Jim Blaze writes about many reasons why this is the case.
“Right now, I believe most ocean carriers and marine terminal operators are acting responsibly and fairly in these challenging conditions,” FMC Commissioner Daniel Maffei said.
Drones can speed up delivery times dramatically, but for the technology to be commercialized, a number of regulatory hurdles need to be cleared.
Steering advances, integrated steps over DEF tank among enhancements truck makers are bringing to market amid a continuing slowdown in new equipment orders
Virus-related demand headwinds bring fresh declines in February Cass data. Visibility into a potential trucking recovery is further clouded.
Most companies are right near the 25% decline in the market since February 1.
Coronavirus is having an impact on many industries. One of those impacted is the global seafood industry.
Technology is an important part of the customer journey, but companies often don’t understand how important it actually is.
Trucking Freight Futures finished Wednesday’s session mixed as the East region shows strength on fundamentals and volume of imports.
Carol Tomé named new CEO at UPS. David Abney to retire at the end of 2020 after a 46-year career.
“As an industry representing brands and retailers, we do not tolerate forced labor in our supply chains,” said five large U.S. apparel and footwear associations.
Trucking Freight Futures stabilized to end slightly mixed on Tuesday as global equities and oil markets rebound.
Lingering effects from tariff battles with China also contributed to decline in February.
Cross-border trucking and logistics firm isn’t cheering for the pandemic. But for the moment, freight volumes are increasing in Canada and the U.S. even as fears over fallout loom on both sides of the border.
Preparedness is essential when it comes to the coronavirus or other supply chain disruptions, experts say
Supply chains are a major source of carbon emissions. Switching to alternative fuel powertrains and improving equipment utilization levels can help reduce footprint.
DCSA publishes recommendations ahead of International Maritime Organization compliance deadline.
Trump administration reminds U.S. exporters of semiconductors and other technologies that it views the Chinese telecom equipment manufacturer as a continued security threat.
The companies that control the bulk of ocean cargo opearte under different rules than most companies. Read Darren Prokop’s explanation of why that is…
“The reality is that neither major political party has been particularly good for small-business truckers for a long time.”
Airforwarders Association Executive Director Brandon Fried said minimizing threat of illegal drugs requires freight forwarders to “know your customer.”
Lightweight electric van maker expects to build 300-400 units this year as transition to production inches forward while costs remain high amid Q4 revenue of just $3,000.
Deliveries of contracted freight with actual trucks will be the focus of the three-year partnership.
Trucking Freight Futures continued to decline on Monday as the collapse in the global equities and oil markets weighed heavily on rates.
Daseke expects weakness in the industrial markets and oil and gas sectors to persist. Management said the environment was sequentially weaker in the first quarter.