Business

Brian Aoaeh explains why the trucking industry is ready for freight derivatives.

Lime’s shift away from car-sharing allows the company to transition into Seattle’s first electric-scooter-share pilot.

Team of rivals? The competing ports of Los Angeles and Long Beach are looking at additional ways to cooperate for their mutual benefit.

Traditional freight brokerages are ramping up technological spending to keep pace with the industry.

Weakness in East drives National freight futures lower for the week ending 9/20.

Data is enabling businesses across industries to optimize their resources and become more efficient, and commercial trucking is no exception.

European auto unions and trade groups have come out with a statement that warns of a seismic impact on the auto economies of the EU and the U.K. in the absence of a Brexit trade deal.

A Solera board member alleges that in 2017 Vista tried to force it to buy another portfolio company, Omnitracs.

Customs and Border Protection explores electronic methods to capture data on the estimated 1.8 million package shipments valued at less than $800 arriving in the U.S. each day.

SONAR tracks 30,000 Twitter accounts and 700 terms to look for market risks, developments, and breaking news.

The refrigerated storage company buys two facilities from Netherland-based Van Soest Coldstores.

Carriers leery of sharing data on collaborative logistics platforms.

FreightWaves President George Abernathy makes hedging fun at CSCMP Edge 2019.

When a company raises a significant amount of capital this close to its public offering, it could reflect cash insecurity or the basic desire to raise its valuation.

As trucks adopt advanced technologies, there is a growing need for tech-savvy mechanics to service them.

The Treasury Department adds two banks to the Specially Designated Nationals and Blocked Persons List in response to Iran’s alleged involvement in missile attacks against Saudi Arabia’s oil facilities.

A rate correction in the East drives National freight futures lower on Thursday.

Despite sea change in business model, carriers and drivers may want to wait for more clarity.

Academics look at the trade imbalance between the United States and China and weigh in on possible fixes.

Businesses will pay up to 14% more on logistics-related temporary jobs during the upcoming holiday season.

New European study of popular LNG truck models show that they release 2 to 3.5 times more poisonous NOx gases than an average diesel truck.

FIATA warns that higher air, ocean and trucking fuels costs will be passed directly on to customers.

The ride-hailing company plans to plug the data captured by cameras and sensors into its self-driving system and run it in simulations and on a test track.

Blockchain to be deployed by VAKT to smooth the post-trade process

Through the continued development of automated processes, U.S. Customs and Border Protection foresees the day when paper export manifests will no longer be necessary.

K&B Transportation says FourKites’ new Appointment Manager for scheduling shipments could save its dispatchers up to 8 hours per week.

In a wide-ranging speech, the deputy director-general of the WTO, Alan Wolff, sets out the challenges and issues for the body. But he’s generally optimistic on the future of world trade.

The deal coincides with an ambitious new initiative aimed at making Amazon carbon neutral by 2040.

Navistar is building a new Industry 4.0-ready plant near San Antonio, Texas that will help raise earnings before interest, taxes, depreciation and amortization.

Pressure applied as some Democrats remain concerned about labor provisions.

Manufacturer installed diesel engines in construction equipment that failed to meet emissions standards under the Clean Air Act when imported into the U.S. from 2012 to 2015.

Increased freight volumes out of Texas due to Imelda drive DAL to LAX futures on Wednesday.

Ports, terminal operators and shipping lines are striving to improve the flow of information.

$7.5 million going to Virginia Tech will also help set industry guidelines.

Last-mile freight delivery might involve drivers to act as assemblers, helping set up products like furniture and home appliances. These driver-assemblers have specific skill sets that could never be fully automated.

In partnership with Carggo… the next few quarters will squeeze brokerage cash flows. Technology can help.

Wunder Mobility has raised $29 million in an extended Series B round and is channeling it towards expanding its geographic footprint and suite of mobility solutions.

Boris Blanche, managing director of the International Road Transport Union, believes upskilling, better recruitment practices and semi-autonomous trucking can help address the shortfall of drivers.

A recent polling of business leaders regarding future plans for capital investment declined sequentially in the third quarter. Capital investments traditionally lead to future freight demand and have been a meaningful contributor to recent economic expansion in the U.S.

Dip Shipping will pay a criminal fine to settle an antitrust violation charge as part of an ongoing U.S. Justice Department forwarder price-fixing investigation.

EEOC agreement clarifies obligations to both union and non-union workers.

Public blockchain-based logistics document transaction platform CargoX has integrated with private blockchain-based digital freight management platform RoadLaunch to provide users greater visibility and transparency into logistics operations.

LAX to SEA futures strengthen on Tuesday in an otherwise quiet day.

Tariff Reform Coalition members want the Senate Finance Committee and House Ways and Means Committee to “exercise greater oversight and control” over President Trump’s tariff authority.

The International Road Transport Union has taken the lead in setting the global road transport agenda, which calls for greater cooperation between industry stakeholders and government bodies to ensure economic prosperity.

New law strengthens U.S. government’s national security oversight of foreign investments in American companies that manufacture “critical” technologies and infrastructure, as well as own airport and seaport properties.

FedEx posts lousy fiscal q1 results but insists that the long-term outlook remains bright

For a long time supply chains have been regulated to the very distant background. That is changing, and I think it is faster than we realize.

OEMs discuss the seemingly endless benefits that accrue from connected truck platforms.

The drop trailer pool expands to Los Angeles while Bundles will be nationwide.

The U.S. grocery e-commerce market will be worth nearly $20 billion in 2019 and is the fastest-growing online purchasing category.

Trucking Freight Futures began the week Monday with mixed results.

Autonomous vehicles would need to process both visual and non-visual data derived from their driving environment to be in control. Understanding data streams that flow through the vehicle sensors is key to its functioning.

Customs and trade facilitation chapter supported at CSCMP Edge 2019.

The latest company to join the Blockchain in Transport Alliance (BiTA) is Imaginnovate, which is headquartered in Visakhapatnam, India. The company has strong roots in the delivery of technology solutions to enterprises.

What is the Logistics Managers Index and why should you care? Anthony Smith explains:

Meier will work with Bobby Harris on developing and executing a long-term vision for BlueGrace.

Danish logistics conglomerate DSV is now one of the world’s leading forwarders after completing the acquisition of Panalpina in August.

The autonomous trucking company announces an additional $120 million in Series D investment.

DP DHL open s innovation center for Americas, the third center in its global network

While retirement communities have provided a controlled baseline to deploy their services, Voyage does not plan to stop there.

Trimble (NASDAQ: TRMB) kicked off its 2019 in.sight user conference in Houston with an ode to technology’s role in empowering collaboration and data-driven decision making. During the opening session, the […]

Lower Friday spells end to a mostly down week for Freight Futures.

Executive director and governor report volume records and expansion opportunities.

The Express Association of America said additional industry participants in Customs and Border Protection’s Section 321 pilot will “enhance” the agency’s capability to target illicit products.

Preliminary used Class 8 truck sales fell for the 10th consecutive month in August as used trucks hit the market in bigger numbers because of new truck deliveries from record orders placed in the latter half of 2018.

Shippers, TMS and MTP providers have now been given access to Convoy’s automated real-time pricing and capacity for both live and drop-and-hook loads through API and a suite of developer tools called Convoy Now.

Volvo Trucks will offer its Dynamic Steering system as an option in 2020. Volvo says it reduces the strain of maneuvering a heavy-duty truck steering wheel by up to 85 percent.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Border checkpoint affecting truck wait times; Protestors shut down Houston Ship Channel; […]

U.S. government alleged company broke federal contract pricing rules.

Market interest shifts West with potential ease in trade tensions.

The Port of Brunswick reopens to restricted traffic as the investigation into the capsizing of the car carrier continues.

The Justice Department has asked the express carrier’s lawsuit to be dismissed, stating that it should be up to Congress and not the court to decide if the Export Administration Regulations apply.

“Aggressive” management style has led to driver abuse, senators claim.

The primary cause of the deteriorating outlook for the next 12 to 18 months is trade policy.

A union drive seeks worker protections in the gig economy.

Radiant Logistics, reported several records for fiscal 2019, but the company would most like to make an acquisition or two.

Tokyo-based ocean ship classification society ClassNK is boosting its cybersecurity capabilities by setting up a cross-sectional team of marine and security experts.

Higher transport costs are a price worth paying to cut carbon emissions, says a U.K. government energy czar. Ship owners beg to differ.

SmartDrive, a company that focuses on video-based safety and transportation intelligence designed to help truck drivers, has landed $90 million in outside funding, the company announced Sept. 12. The round […]

The logistically challenging final mile of delivery accounts for 53% of the total cost of delivery. Autonomous drone technologies could drastically reduce that percentage.

Freight Futures data to watch today: Spot National vs Regionals The spot month National contract (FUT.VNU201909) closed down 0.35% to $1.467 per mile. Regionally, the East contract (FUT.VEU201909) continued to give […]

Georgia Ports Authority touts record volumes and expansion projects during State of the Port event.

German Chancellor Angela Merkel addressed the gathering at the IAA 2019 on sustainable mobility amidst heavy criticism over the event by environmental activists.

Understanding and analyzing data acquired from current mobility systems could help pave the way for sustainable and affordable mobility of the future.

The driver appreciation week is celebrated across the country to pay respect to the 3.5 million truckers who haul freight all year round, rain or shine.

The NCBFAA proposes amending the U.S Bankruptcy Code to allow “subrogation” rights for customs brokers who have paid duties to the U.S. government on behalf of a bankrupt importer.

Forager wants to solve borders for shippers and transportation providers.

Ryder System’s peer-to-peer truck sharing platform COOP connects truck owners with businesses interested in renting vehicles, helping maximize vehicle utilization.

Digitalization and automation are increasing the risk of cyberattacks, say intelligence agencies, but many shipping companies are refusing to act.

Two of the nation’s largest truckload carriers said they are seeing green shoots in freight demand.

FourKites was founded with the idea of developing a cloud-based SaaS platform that allows for seamless communication and real-time collaboration in the supply chain. As it passes five years in business, founder Matt Elenjickal details why he thinks it has been successful.

Truck capacity across the English Channel could be cut to 50% for up to three months, resulting in two day queues for drivers.

The announcement comes after Beijing announced its first round of tariff exemptions for U.S. goods earlier in the day.

U.S. Customs officers at Los Angeles International Airport recently confiscated 28 counterfeit National Basketball Association championship rings with a retail value of $560,000, the agency said Sept. 11. The officers […]

DHL Supply Chain partners with load-matching platform Convoy, becoming the first 3PL to do so

A conversation about the future of autonomous trucking with pro-labor author and sociologist Steve Viscelli.

Colombian nearshoring may be beneficial to those in the transportation and logistics industries.

Not many people are aware of this, but Alaska received a special exemption from the HOS regulations.

The European Automobile Manufacturers’ Association explained its goals towards the future, which involve the creation of a comprehensive plan to enable zero-emission mobility across Europe.