U.S. Customs and Border Protection said excluding ocean cargo from the Section 321 pilot program reduced “a substantial number of relevant shipments of potential participants.”
The official announcement followed a chaotic weekend of credit, customer, and driver issues,
The Swedish truck giant’s venture capital arm has invested an undisclosed sum in Autotech Ventures.
Shareholders of beleaguered U.K. trucking company Eddie Stobart have gone ahead and accepted a £55 million rescue deal that would help the company come out from the brink of administration. […]
Japanese shipping giant Nippon Yusen Kaisha (JPX: 9101) has taken out a 50 billion yen ($456.7 million) loan with an adjustable interest rate based on the company’s corporate social performance.
Consumers want more information about their food – where does it come from, was it ethically sourced, was it shipped in a safe and sanitary manner, etc. Ben Thrower provides information about how this trend is impacting food companies, growers and consumers.
When it rains it pours and Boeing Co. could use an umbrella. Now the FAA is piling on with its own complaint against the airplane maker.
The billion-dollar truckload carrier’s failure is one of the largest in industry history.
Agriculture shippers and forwarders work with CBP and Census in an effort to eliminate $5,000-$10,000 penalties for minor export data filing errors in the Automated Export System.
Transportation Insight pushes into LTL brokerage with acquisition of FreightPros
Trucking Freight Futures end quiet trading session on Thursday while looking for direction.
This white paper reviews the challenges associated with the freight audit process and how AI can address these deficiencies.
A number of trucking companies are expanding and/or upgrading their terminal systems.
Manufacturers also call for the rapid roll-out of dedicated charging and refueling infrastructure to help reduce the share of trucks running on diesel.
With less than a month until the IMO 2020 regulations go into effect, Ben Thrower writes about the impacts about to hit the maritime industry, importers/exporters and consumers.
Plus: Uber U.S. safety tally: 3,000 people sexually assaulted, nine murdered while taking Uber rides in 2018.
Supply chain solutions major J.B. Hunt finished fourth on the FreightTech 25 list, thanks to its efforts in digitalizing freight matching and democratizing access across carriers of all sizes.
Dart Transit, a Minnesota-based transportation service provider, has appointed Dave Ables as president and CEO, the company announced on Dec. 6. Ables, 51, a former executive with PAM Transport, will […]
The DHL Connectedness Index analyzes the flows of trade, capital, information and people across the world to understand its impact on globalization.
“Undercover boss” believes average international airfreight shipment times should be at least a day faster. Experts agree the sector can up its game.
An Einride vehicle will ferry goods between warehouses operated by Coca-Cola European Partners and Axfood, one of Sweden’s largest food retailers.
While Customs and Border Protection’s Automated Commercial Environment has automated much of the cross-border trade process, the U.S. export manifest process remains paper intensive and error prone.
Four years ago, United Airlines was a mess and customers were not happy. Under CEO Oscar Munoz, UAL is flying high again.
HudsonAnalytix CEO recommends risk assessments and alleviation to protect ports, terminals and shipping lines from cyberattacks.
Wednesday’s Trucking Freight Futures forward curves point toward a choppy yet weaker market in 2020.
CNBC trade expert and author Lori Ann LaRocco says if trade talks were really progressing, U.S. exports to China would be ticking up, not down.
Brian Aoaeh writes about workplace injuries and workplace safety in the ecommerce age…
Jim Blaze writes about the decline in rail freight; is it a recent event, or has it been taking place over a longer period?
A Solar Energy Industries Association study says U.S. tariffs on crystalline silicon solar cells have pushed solar panel prices in the U.S. 43-57% above the global average price.
Riding a wave of innovations, the digital freight services startup ranked No. 3 on the FreightTech 25 list of most disruptive companies.
Warehouses are under pressure to increase product picking efficiency in a time of expedited e-commerce. Automation and robotics can help.
The Chicago firm secures No. 2 spot on FreightTech 25 list with a platform that seamlessly tracks freight through the turbulence of strikes, hurricanes and presidential tweets.
Canadian firm reports a largely expected 27% jump in net income in the third quarter as revenue increases 19%; CEO lauds “predictable results in an increasingly unpredictable business environment.”
On Dec 4, FourKites announced a new learning platform and certification program aimed to allow customers to maximize the value of supply chain visibility. This platform provides customers with a […]
project44 opens office in Paris, its second on the continent
Trucking Freight Futures in the South were feeling down on Tuesday as the East showed tepid strength.
“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.
