Business

“We need to arrive on-time, every time!” “We need better visibility!” “We need more technology!”

Trevor Milton believes replacing diesel trucks with cleaner alternatives will improve the image of trucking and enable legislators to slash emissions.

Port, engineering and property giant MMC shrugged off the trade war and economic headwinds to report massive increases in revenues and profits. Analysts issued a “buy” rating.

Integrated logistics provider and ocean carrier Harbour Link saw a boost in revenues but its costs grew too, causing its profits to weaken in the most recent quarter. A weak result in its ocean shipping division was a drag on profit as well.

Preliminary orders for new Class 8 trucks tumbled again in November after one month of improved bookings, new evidence that a slowing manufacturing economy is sapping all but critical replacement demand.

A federal judge unsealed a 6-year-old whistleblower suit against Navistar Defense and Navistar International Corp. that seeks at least $1.28 billion in damages over allegedly forged defense contracts.

Trade tensions look like they’ll get worse before they get better, a negative for ocean shipping demand.

The Treasury Department agency is closely monitoring vessel name changes used by Venezuelan and Cuban authorities to sidestep U.S. trade sanctions.

Electric powertrain manufacturer Lightning Systems announced a $41 million funding round to help meet growing demand for electric powertrains in U.S. commercial fleets. BP Ventures led the investment round, which […]

Recent reports out of the Federal Reserve Bank of Dallas paint a gloomy picture regarding prospects in the U.S. oil industry. Even as U.S. crude and total petroleum production continue […]

Trucking Fright Futures open the month generally lower with volatility in the South.

Moving precious artwork is physically and mentally demanding work, requiring art logistics firms to micromanage every inch of the journey from one art house to the other.

An Office of the U.S. Trade Representative investigation concludes that a French tax on digital services discriminates against U.S. companies, such as Google, Apple, Facebook and Amazon.

PierPass says long late-afternoon queues at the entrance to container terminals om Los Angeles and Long Beach have been eliminated.

A broker’s main job is to find carriers to move freight for shippers, but the reality is that brokers often spend more time than necessary focusing on cash flow management and getting carriers paid.

The partnership between IVECO and Nikola Motors announced in September will roll out its first battery electric truck to European buyers in 2021. A fuel cell electric model will follow in 2023.

Expert explains why shippers based in the U.S. and beyond should prepare urgently for the worst-case scenario – a no-deal Brexit in 2020.

Vos Logistics has acquired SNEL Shared Logistics, which operates a 65,000 m2 warehouse in close proximity to the major Dutch cities of Amsterdam, Rotterdam, Den Hague and Utrecht.

In a now familiar story, another logistics company – in this case Tiong Nam – reports weaker quarterly results owing to a global trade headwinds. Analysts warn on liquidity pressures.

The move, intended to align the Spanish energy giant with the Paris Agreement goals, will cut the value of its oil and gas assets by $5.3 billion.

France-based contract logistics provider ID Logistics Group SA gains access to a U.S. e-commerce platform in its acquisition of Jagged Peak.

A U.S. man living in Singapore illegally presented technical information at the Pyongyang Blockchain and Cryptocurrency Conference in April on how North Korea can use blockchain technology to evade sanctions.

Market Expert David Faulkenberry writes about the increasingly important “final mile” and why estimates of its size vary so widely.

10 of 11 Trucking Freight Futures contracts higher on November/December spot roll.

Dow Jones Risk & Compliance has 24/7 monitoring and dedicated researchers to track and build detailed profiles of individuals and entities that are subject to economic sanctions.

Ben Thrower writes that venture capital funds continue to flow to digital freight brokerages, but legacy companies continue to fight back.

President Trump cited currency manipulation as the reason to reimpose tariffs on imports from the two South American countries.

As peak retail season approaches, the battle for retail compliance only intensifies.

Maritime, air and overland trade routes into Europe are being piggybacked by criminal gangs deploying the latest digital supply chain technologies to help meet mushrooming demand for illegal drugs across […]

Cummins Inc. is winding down its centennial anniversary as the trucking industry it serves also slows. But the company has a history of emerging stronger from downturns.

French-based 3PL FM Logistic has unveiled the Ergoskel, an ergoskeleton designed to assist warehouse employees to work around parcels without them taking a toll on their bodies.

Integrated logistics services provider Tasco, a subsidiary of Yusen Logistics and an NYK Group company, has reported flat second quarter revenues and costs but a surge in net profit. Its six month figures don’t look so great though and equities analysts are disappointed.

The Port of Oakland is making improvements to both its roads and ship turning basins so that it can handle increased traffic.

This is the first time outbound tender rejections have remained above 6% for consecutive weeks since March 2019.

The first of a four-part series teaching the crucial basic elements in freight and shipping.

Daimler AG announced that it has reached an agreement with employee representatives to trim its workforce by at least 10,000 workers.

Ellen Voie, the CEO of Women in Trucking, spoke on the issues that female truckers in particular face when they are looking for parking spots.

Spanish road freight startup Ontruck has acquired digital freight forwarding platform Briver, in an attempt to consolidate its market position in the Spanish region of Cataluña.

With solid financial results under its belt in its first outing as a listed company, Port of Napier has won praise from equities analysts. “A text book start as a listed company,” analysts said.

Dry bulk ship operator Malaysian Bulk Carriers has reported another set of losses. Barring unexpected positive developments, it may make a yearly loss. It is also reducing both long-term and current assets. The company has entered into working capital deficiency.

Courier, domestic and international logistics company GD Express reported a slowdown in total comprehensive income in its latest quarterly results. The company generated increased revenues but increased costs too. Profits shrank.

Last-minute meeting in Washington likely will hash out changes to make NAFTA’s successor palatable to congressional Democrats.

Crude-tanker rates are staying lofty for a prolonged period, proving that the October spike was no “one off.”

Rapid advancements in technology continue to impact the transportation management system market. Here are five trends to watch in the year ahead.

Trucking Freight Futures quiet on Tuesday as the November spot contracts near expiration.

Brian Aoaeh offers observations about the future of supply chains following his attendance at the recent FreightWaves LIVE event .

The Office of Foreign Assets Control places subsidiary to Cuban state-run oil shipper, Corporacion Panamericana, on blacklist for circumventing sanctions against Venezuela’s oil sector.

Grass might be greener in Keystone state rather than Garden state as new law puts new risk on motor carriers.

Redwood Logistics has unveiled Redwood Connect 2.0, which can be leveraged by logistics experts to drag and drop what they want to happen to the data from start to finish, without the need to code.

KNX is hiring brokers and full-stack developers for the new office.

The shift of production from China to southeast Asia is unlikely to stop the trans-Pacific container market from declining this year.

Sino-Malaysian services provider Integrated Logistics (trading as Integrated Group) has announced another poor set of financial results. It looks set to deliver its fifth full-year loss in six years.

Among the findings: The serious injury rate in some facilities is double the national average for the warehousing industry, and for every $1 in wages, Amazon workers receive 24 cents in public assistance.

A proposed rule calls for the Commerce Department to determine whether certain technologies pose a threat to U.S. national security and prohibit those trade transactions.

Shipments of counterfeit driver’s licenses and blank card stock were discovered and seized by Customs and Border Protection officers at Louisville and Memphis mail facilities.

Outbound LAX Trucking Freight Futures remained weak on fundamentals after Monday’s trading session.

Potential strategy to increase efficiency in a down market

Over the past two and a half years, Uber Freight, the freight brokerage division of Uber Technologies (NYSE: UBER), has already proven itself capable in two key areas for young […]

Schneider National has added a tool called Load My Truck that allows third-party carriers to instantly book loads at a click of a button. Also, Mexico has installed a recycled highway, and the Huawei controversy highlights cybersecurity concerns in the supply chain.

Gross revenue and margins are in the most difficult stage of the cycle right now.

The Inter-American Committee on Ports leverages the combined influence of the national port authorities of its dozens of member nations to foster robust port development.

Animal rights groups call for the European Commission to ban the live transport of animals following the Black Sea tragedy.

The trade of Black Angus bulls is a global supply chain that needs a verification system, which can keep counterfeit beef from reaching the consumers’ table.

Despite solid revenues, costs at CJ Century Logistics surged and the company has reported a third consecutive quarterly loss.

For two years the software company’s sanctions screening failed to detect a Slovenian app store developer and its owner who were placed on the Specially Designated Nationals and Blocked Persons List.

Federal Minister of Agriculture suggests government would consider back-to-work legislation or binding arbitration for striking Teamsters members as disruption brings 37% in drop in Canadian National revenue ton-miles and worsening supply-chain conditions across the country.

“The belief that technological advancements of labor-saving equipment will lead to long-term unemployment is a fallacy that can lead to great harm,” Pronto CEO says.

A look at today’s containerized ocean transport of alcohol via bottle, can, keg, flexitank and ISO tank container — and how this mix could change going forward.

Outbound LAX Trucking Freight Futures had a tough week on weak port data.

London-based Loadsure has joined the Blockchain in Transport Alliance. Learn more about Loadsure, as well as about the largest commercial blockchain alliance in the world.

Mark Lambert, who served as co-president of nuclear materials transport specialist TLI, will be sentenced by the District Court of Maryland on March 9, 2020.

Darren Prokop writes about the need for a solution to repair and improve the nation’s highways and bridges. What are the options and is there the political will to develop a solution?

Logistics service provider Europa Worldwide is constructing a state-of-the-art logistics facility in Midlands Logistics Park in Corby, England.

Chris Easter took over as interim CEO of Daseke in September and is now being tasked with leading a transformation of a company known for its acquisitions but whose stock price has struggled in the past year as cost efficiencies have not materialized.

CMA CGM reported solid results for the third quarter of 2019. However, those results were weighed down by the costs of financing its purchase of CEVA Logistics.

Platform Science headlines a list of freight-focused companies honored in the CNBC Upstart 100 list for 2019. Upstart 100 recognizes companies poised for breakouts as major disruptors.

Trucking and trade bodies are outraged by the ongoing tactics of container terminal operators to frequently hike already huge fees on trucks. Lobbying of government ministers is underway and even port operators are disappointed at the ongoing tactics of terminal operators.

Texas, New Jersey, Pennsylvania had most to lose if funding had been slashed.

Port of Los Angeles Executive Gene Seroka cautioned the port’s Board of Harbor Commissioners that even if a trade deal is reached with China, it may take months or years […]

This white paper examines ways to combat detention by looking at smarter detention management solutions to alleviate bottlenecks.

Trucking Freight Futures remained weak in the South and West on Thursday while the East strengthened.

While most license applications related to the Chinese telecom are expected to be denied, news reports surface that some U.S. companies have started receiving approvals from the U.S. Department of Commerce.

Federal Emergency Management Agency’s advisory board recommends a pilot of the blockchain-based registry to ultimately improve claim processes and disaster responses.

The number of used Class 8 trucks for sale continues to grow as new equipment deliveries drain the backlog created during a 2018 order binge.

French freight matching startup FretLink has introduced new carrier-centric features in collaboration with equipment provider TIP and fuel card player UTA.

U.S. senator also wants Tesla autopilot feature improved or shut down.

Moving to a fixed quarterly RFP program with brokers has added consistency, accuracy and reliability to Bumble Bee’s relationship with intermediaries

On its way to Washington, “The People’s Tree” made a stop in the Scenic City.

Unsurprisingly, listed bulker owners insist fourth-quarter Capesize rate pressure will pass.

Saybrook Capital alleges that additional evidence shows how port and longshore union aimed to derail project.

The agreement, which takes effect Jan. 1, will guarantee the import of 132,304 metric tons of U.S.-grown rice, valued at $110 million.

Trucking Freight Futures turn bearish on Wednesday as South and West lanes slip.

The Blockchain in Transport Alliance announced it will participate in two blockchain proof-of-concept projects in the coming months. The organization’s working groups also provided updates on the progress of standards development at its BiTA Symposium Chicago on Nov. 14, 2019.

Americold Realty Trust continues to grow its temperature-controlled storage footprint through acquisition. The company looked north of the border for its latest deal.

U.S. export compliance advisers recommend exporters be realistic in their expectations with regard to the department’s license approval process for the blacklisted Chinese telecom.

Kayla Matthews writes about the changes coming to the shipping and logistics industry as IMO 2020 takes effect in less than six weeks.

Every day, more than 40% of all truck drivers on the road use an hour or more of productive driving time to search for a secure parking spot before their hours of service run out.

The National Customs Brokers and Forwarders Association of America picks Whitmer & Worrall after longtime Capitol Hill representative Jon Kent announced his retirement in September.

Eyesight Technologies has taken driver-distraction monitoring to a new level with the ability to trigger driver and fleet alerts when cellphone usage or in-cab smoking is detected.

Freight forwarder Kuehne + Nagel is acquiring Rotra, a company with roughly 800 employees and an annual revenue of over €100 million.