Migrating from on-premise OTM to the cloud for a more positive bottom line
More companies are making the shift from on-premise Oracle Transportation Management (OTM) to a cloud-based OTM, because it helps reduce IT infrastructure and support costs.
More companies are making the shift from on-premise Oracle Transportation Management (OTM) to a cloud-based OTM, because it helps reduce IT infrastructure and support costs.
The trucking industry and its supply chain rank fifth among all businesses at risk of cybersecurity attacks as the number of possible threats against the transportation sector has grown 100-fold in just four years.
Freight volumes in and out of Japan’s busiest port, the Port of Tokyo, have declined in the first six months of 2019 compared to the first six months of 2018, new comprehensive data shows.
Noel Perry heads Transport Futures in Harrisburg, Pennsylvania. In addition, he heads Transportation Economics, a consulting company focused on strategy, market research and forecasting for the North American freight transport […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Halliburton lays off 650 oil and gas workers; DHL expands cross-border […]
Law firm Benesch warns legislation will likely raise costs but carriers have options.
Significant gains expected from real-time kinematics for the port logistics and trucking industry.
An influx of new container ships has hiked the average size of vessels deployed on the trans-Pacific and Asia-Europe trades, reports Alphaliner.
It has been a dramatic week in Australian trucking: strip club bus-truck crash; nine months of jail; massive infrastructure works; trucker death; call for mandatory brakes; beer crates. And more!
The company employed 540 drivers and was Camping World’s primary delivery service for RVs
“Finally, a ray of hope for the U.S.-China trade relationship,” said Myron Brilliant, U.S. Chamber of Commerce’s head of international affairs.
The Boeing Co.’s [NYSE: BA] board of directors late Friday afternoon replaced Dennis Muilenburg as chairman with independent director David Calhoun, but kept him in place as chief executive officer. […]
Letter Ride LLC, a delivery service provider for Amazon, is cutting 423 positions at facilities across Texas. The company is eliminating jobs at its facilities in Austin, Dallas, Fort Worth […]
Earnings estimates continue to be cut by equity analysts, however their outlook for the stocks is positive.
Philadelphia to Chicago futures (VPC) rise on Thursday as market continues to focus on trade flows.
The Graham-Van Hollen sanctions bill would cut off Turkey from U.S. military equipment and parts, as well as target foreign support of the country’s oil and gas production used by its armed forces.
Accurate data and careful analysis enable fleets to reverse the trend of lower miles between unscheduled repairs.
Port of Los Angeles container volumes dipped in September and its executive director called for a negotiated settlement of the U.S.-China trade ware.
Medical marijuana firm AMP will be pursuing a European Union Good Manufacturing Procedure (EU-GMP) audit to ensure quality and integrity of its pharma goods from the supplier to the German patient.
The Backhaulers, Robinson, and Coyote veteran is back to build a brokerage on his own terms.
Renowned logistics analyst explains how Brexit will impact cargo flows, liner shipping calls and European supply chain planning.
Confidence elevated after Trump decides to meet with Vice Premier.
British billionaire James Dyson has abandoned his dream of building an electric car.
Since 2018, Revel has expanded its fleets into Brooklyn, Queens and Washington, D.C. and plans to reach 10 cities by 2020.
The company is the first to release a safety assessment before testing vehicles on public roads.
Fundamentals continue to drive strength in the East regional freight futures markets.
SkyBitz has introduced a new sensor with camera that tracks available space and the condition of items inside a trailer. (Photo: Jim Allen/FreightWaves)
Customs brokers say a permanent extension of the 2017 Craft Beverage Modernization and Tax Reform Act would incentivize Customs and Border Protection to automate the tax refund process.
European logistics giant could bring its famed, eco-friendly distribution centers to North America as its global expansion continues
Updated: 3:41 p.m. Correction: Cargo revenue dropped 17%. Representing $37 million less, not 37% drop. Delta Air Lines’ cargo revenue dropped 17% to $189 million in the third quarter and […]
With U.S. rail volumes slumping in the third quarter, can PSR soften that blow to the rail’s bottom line?
The Swedish autonomous electric truck startup Einride closes a $25 million Series A round.
Deutsche Post-owned EV major StreetScooter has announced plans to expand to the U.S. market, commencing pilot tests early next year with DHL Express.
This is the first in a series of videos produced by FreightWaves and SmartDrive, recorded at the recent SmartDrive Customer Conference in Atlanta. FreightWaves editor-at-large John Kingston discussed several key […]
Asian merchant shipping and major drinks manufacturers are responsible for an increase in the amount of plastic bottles found in the world’s oceans.
Körber Logistics, the investment and logistics arm of tech conglomerate Körber of Hamburg, Germany, has acquired a majority stake in the warehouse autonomous logistics robot installer and consultancy Cohesio.
A veteran investment banker in the transportation & logistics sectors, Larkin changed his focus to private equity.
The United Auto Workers (UAW) strike against General Motors (GM) continues to take a toll on its Mexico-based facilities. GM announced October 7 it was temporarily laying off 415 workers […]
The visibility solution takes workload off the brokers and Smart Capacity lets them cover freight faster.
American Airlines [NYSE: AAL]said it expects to begin phasing in the Boeing 737 MAX into service by mid-January, nearly nine months after aviation authorities grounded the plane for safety reasons. […]
Customs and Border Protection officers said the counterfeit footwear, which was recently seized at the L.A./Long Beach seaport complex, was mis-declared as “napkins.”
Since writing about the challenges ahead for food supply chains, I have been thinking about how perishable foods and other items are transported from one part of the world to […]
The American Trucking Associations urges a federal fuel tax increase to pay for infrastructure improvements, but ATA President Chris Spear sees that approach evolving in the next decade.
Freight futures looking beyond the East region for some direction on Tuesday.
The International Air Transport Association said Wednesday that overall global demand for airfreight declined at a faster rate in August than July, contracting 3.9% compared to 2.4% the month before. […]
Third quarter 2019 is likely to see another step down in earnings expectations for the year. Equity analysts have been busy lowering estimates on many publicly traded transportation companies.
Houston still the main gateway for resin shippers, but other Southeast ports growing as well.
Brokers will be able to offer core carriers guaranteed freight and rates at the click of a button.
Prologis, the global leader in logistics real estate, has joined the Blockchain in Transport Alliance (BiTA).
Rush Enterprises Inc. (NASDAQ: RUSHA) recently announced the appointment of Elaine Mendoza as a new independent member of its board of directors. Mendoza becomes the first woman to be on […]
Users of Axele by Optym now have access to Truckstop.com’s loadboard within the Axele system thanks to a new integration.
New third-party logistics firm to take over yard and warehouse that handles ‘considerable’ freight.
Plus.ai partners with the Minnesota Department of Transportation to see how its self-driving trucks perform in cold weather.
“This new module will make it easier for Commerce and CBP to monitor and uphold our trade laws,” Executive Assistant Commissioner Brenda Smith of CBP’s Office of Trade said.
The Indian economy is crumbling on the back of an engineered crisis brought on by current government through measures like demonetization, a botched attempt at unifying the country’s tax system, and economic reforms that stifled consumerism.
Matt Silver wants to automate cross-border freight; an industry that many find difficult to manage.
SMC3 has set its sights on providing data services to truckload after decades of serving LTL exclusively
Atlanta market freight futures strengthen on Monday as a result of trade flows.
Jim Blaze writes about the competitiveness of railroads vs. trucks and the railroads’ lack of interoperability.
The Commerce Department said the Chinese government and commercial entities added to the export control list participated in human rights violations against China’s Muslim ethnic minorities.
The association, which represents the country’s customs brokers and freight forwarders, seeks better engagement between Customs and Border Protection and industry software vendors.
Elena Bernardo strayed from a “super safe” career to one that put her on the front lines of technological innovation.
The American Trucking Associations is gearing up to fight against multimillion-dollar legal awards against truckers and their employers who are not at fault but blamed in many car-truck crashes.
Volatile start to Freight Futures last week ends quietly; Regional trends emerge.
The Motley Fool discovers last-mile logistics. IMO 2020 will impact logistics warehousing footprint, JLL says
At the center of the Trade War between the U.S. and China are the American ocean ports.
Spanish capital Madrid is working on a blockchain-powered transport application that unifies all mobility systems across the city and provides high levels of data security to its users.
Motor carriers and commercial drivers agree on just four of the Top 10 challenges facing the trucking industry, according to the American Transportation Research Institute’s annual study.
Reckless e-scooter riders were penalized by the German police for drunk driving in Munich as they left the world’s largest beer festival Oktoberfest.
Comdata has released a new dashboard that will help fleet managers quickly identify and manage fuel spend.
List of titles that founders in the FreightTech revolution should consider
For decades, the European freight rail system has had no major upgrades with regard to axle load capacity, train length or car vertical height.
In this week’s Down Under Trucking – death by reckless driving; hill driving; trucker fired; police shoot tow truck thief; logistics industry urges government to ramp up!
From blockchain to 3D printing, new technologies have the potential to green the supply chain across industry sectors.
Bird CEO Travis VanderZanden said that for the past year, positive unit economics has been Bird’s top priority for a sustainable long-term business. This is an ideology that departs from that of many startups and emerging companies whose focus seems to be on top line growth and revenue building.
National futures forward curve points to potential economic trouble ahead.
Walmart graduates first class from in-DC supply chain academy
Traxens says the new standard will facilitate growth in smart container usage.
Self-driving cars from a U.K. startup Oxbotica took to Stratford’s streets earlier this week, successfully wading through traffic and proving itself safe to navigate in an urban setting.
The Government Accountability Office found that Treasury, State and Commerce agencies, which administer U.S. economic sanctions, lack the ability to definitively measure their effectiveness.
The Baltic Exchange has been unrivaled in its creation of indices for dry freight futures. That may be about to change.
Enter Uber Works – an app that connects shift-workers with shift jobs. The app officially launched in Chicago on October 2.
The transfer of production out of China to avoid U.S. tariffs of up to 25% is having a tangible impact on global trade flows.
Spain’s road transport sector faces a “profound” shortfall in drivers, says IRU
The forward curve inches lower.
Gur Kimchi talks about Amazon’s approach to delivering packages to your doorstep via drone.
Preliminary September orders for Class 8 trucks improved over August but remained stagnant as fleets delayed booking new equipment in the face of ongoing trade tensions slowing swaths of the manufacturing economy.
FreightWaves’ Chief Analytics Officer Dean Croke (who also has been a professional truck driver), reviews the newest Freightliner Cascadia.
Deepscale’s focus on computer vision to give cars “sight” is different from light detection and ranging (LIDAR).
Freight Futures mostly unchanged in quiet trading session on Wednesday.
High driver turnover rates have been common in the trucking industry for several decades. Improving the quality of discussions between fleet management and drivers might help reduce the churn.
Energy markets appear to believe that capacity constraints will raise diesel prices next year.
Postmates just announced a partnership with Walgreens and Duane Read stores – all 174 of them – in Manhattan and Brooklyn.
Truck subsidiary of Volkswagen AG will split investment into electric vehicle and software development to speed introduction of alternative fuel and self-driving commercial vehicle options
Officials with the McAllen Economic Development Corporation (MEDC) will soon take a second tour of China to look for new partnership opportunities in that country. Keith Patridge, president and chief […]
After a lower contract roll, Freight Futures start looking to fundamentals.
The National Customs Brokers and Forwarders Association of America will work with U.S. Customs and Border Protection to develop the education program.
The civil equipment industry is thriving in the face of an overall manufacturing and industrial slowdown with demand for 5G fiber-optic cable installations and state-funded infrastructure projects among the main reasons.
The U.S. Treasury Department’s Office of Foreign Assets Control said three GE subsidiaries failed to use “reasonable care” by accepting payments from a Cuban entity associated with a Canadian customer.
Salesforce drew on three years of data from 4,500 e-commerce sites to generate its forecast.