Leveraging a TMS helps shippers improve their operations, but it can also ensure the carriers hauling their freight meet all regulations and adhere to contracts.
Maersk, Hapag-Lloyd, HMM and OOCL have announced plans to impose penalties on shippers.
After 35 years representing the National Customs Brokers and Forwarders Association of America on Capitol Hill, Jon Kent has decided it is time to retire.
Customs and Border Protection announced that it will suspend operations at the two Georgia seaports for Sept. 3-4 with the approach of Hurricane Dorian.
FreightTech venture investing is super hot, but most of these startups continue to lose money. Is this a fad or something else? Last year, FreightWaves created a FreightTech Venture Index […]
With enough investor capital and vision, profit might not matter as much as analysts think.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Laredo pushes Mexican government for more air cargo; Cargo theft continues […]
The U.S. Army is conducting live-fire testing on an armored heavy-duty dump truck from Mack Defense, the first of up to 683 trucks included in a $296 million contract.
Many of Florida’s customs brokers and freight forwarders already have taken measures to protect their business operations from what could be a hard-hitting storm on Labor Day.
Third largest carrier reports rebound in results, partially thanks to rates and partially to subsidies.
The engine displacement in Class 8 commercial tractors is expected to drop in coming years as stricter federal emissions standards take effect in the next decade.
Freight Futures lane to watch today: ATL to PHI
GDP growth hits 3.7 percent on trade surge, but patches of weakness in householding and business spending paint a mixed picture.
Big box retailers rush pre-positioned goods to stores in Southeast to help customers cope with Hurricane Dorian.
Beijing Mercedes-Benz Sales Service is collaborating with blockchain company PlatOn on a platform that calculates vehicle residual value based on static and dynamic data from vehicles.
Ocean carriers are deploying ever-larger box ships to drive down slot costs and emissions per unit. But they are sacrificing their own flexibility and are driving up costs for ports and truckers. Overall, the hoped-for benefits haven’t appeared and may even be a net negative, analysts say.
FedEx acquires Colombian freight forwarder, customs broker
COSCO Shipping Ports (HKEX: 1199) reported higher revenue and volumes for the first half of the year. But the spin-off of a stake in one of its port assets and […]
New official figures from China’s Ministry of Transport show that the volume of containerized ocean freight, as measured in twenty-foot equivalent units (TEUs) through China’s 49 main box-ports in the year continue to rise despite the Washington-Beijing trade tensions. But it seems that Vietnam might be benefiting from the turbulence, according to data found in FreightWaves’ SONAR database.
Freight Futures lane to watch today: East US Long Haul Van Average
Analysts and investors wait to hear about Amazon’s expanded presence in Southeast Asia and on-demand services.
Last-mile movement is one of the least energy-efficient operations within supply chains, and efforts need to be taken to consciously reduce energy expended in that stretch.
Technology such as dash cams, ELDs, telematics and even diagnostics systems are helping fleets better manage their drivers and assets, and the opportunities to use this data are plentiful.
A Hong Kong firm was sanctioned this week by the Office of Foreign Assets Control for its alleged role in the illegal transshipment of U.S. technology to Iran.
Mixed reality smart glasses allow workers to become hands-free with logistics operations, helping them to focus solely on the package at hand.
Study criticized by former Trailer Bridge CEO examined the Jones Act’s impact on Puerto Rico’s economy.
ATA says rules should assume “drivers” will no longer be people.
Software and telematics technology provider Konexial recently launched a Spanish-language version of its electronic logging device (ELD) product, My20 ELD. Ken Evans, chief executive of Knoxville, Tennessee-based Konexial, said the […]
The Office of the U.S. Trade Representative (USTR) has released notices for publication in the Federal Register to increase tariffs across almost all imports from China. One notice would increase […]
Daimler Trucks North America celebrated the 750,000th build at its plant in Cleveland, North Carolina as its parent company prepares to build its heavy-duty Actros at its joint venture. in China.
Freight Futures lane to watch: LAX to SEA
A new study finds that e-scooters’ environmental footprint surpasses that of the transportation they are positioned to replace.
2019’s unfavorable operating environment claims another truckload carrier.
Nuvera Fuel Cells is working with its parent Hyster-Yale Group to make fuel cell engines for medium- and heavy-duty truck applications, mostly for drayage and other return-to-base port activities.
U.S. companies with business in Russia — even those not engaged in chemical or biological exports — should understand the sanctions to avoid compliance exposure, export compliance experts say.
Several intermodal containers on trains running between China to Europe run empty due to lack of exporter demand for capacity.
Elroy Air, an aerial autonomy and logistics company, announced the completion of its first full-scale system flight test at an airfield in California.
Marine terminals to offer guaranteed empty returns, common portals for truck appointments.
Editor’s note: This story was updated to reflect that the company’s CEO says he is working to bring drivers home. HVH transportation, a 344-unit trucking company, has abruptly shut down. […]
French President Emmanuel Macron on Aug. 26 claimed that the U.S. and France reached a deal regarding France’s digital tax framework, after the Office of the U.S. Trade Representative started […]
Australia Post, a government-owned post and freight service, has reported revenues of just under A$7 billion but has experienced a massive fall in profits.
The gruesome deaths of five family members leads to what may be a record-breaking award.
U.S. auto parts maker purchases Quebec firm that produces electric drive trains and integrates them into commercial vehicles.
Anthony Levandowski, a star engineer at Google and Uber, is charged with 33 counts of theft and attempted theft in a federal indictment unsealed Tuesday, August 27.
MUFG Bank’s anticipated acquisition of the aviation finance business of DZ Bank draws scrutiny.
Norway’s Wallenius Wilhelmsen, a major global ocean carrier of vehicles, now faces a criminal prosecution in Australia after the local competition regulator filed charges against it.
Market Voice Jim Blaze writes about rail intermodal and what is happening to this area of the railroad sector.
Bob Costello still believes in the driver shortage.
Heartland Express once again uses its strong financial position to acquire. The carrier has a pattern of building cash balances and finding accretive tuck-in deals.
Transport and logistics businesses need to seriously consider investing in digitalization if they want to stay afloat in this rapidly evolving market.
FourKites has introduced a new analysis tool to help shippers identify unused capacity in their trailers.
It takes a year of advance planning and up to 10 loads to move a single monster turbine.
Rates manage to outperform volume drops as carrier swings to profit.
Heartland Express has acquired Millis Transfer for approximately $150 million.
The commission will publish a final rule in the Federal Register on Aug. 27 requiring more information from petitioners.
The 2019 Chicken Sandwich Wars may have impacted the Popeyes supply chain.
McLeod built automated pricing for contract and spot and digital load matching products.
Various predictions of doom are sprinkled through a document
Daimler is recalling more than 8,000 Mercedes-Benz and Freightliner Sprinter vans because of a software defect that can dim or extinguish the rear taillights.
The Navy decides to migrate and consolidate logistics technology to the Cloud. Japan’s air freight industry has China as a roadblock. New York struggles to manage truck congestion.
Rapidly changing consumption patterns and increasing traffic bottlenecks in urban environs necessitate the evolution of transportation and its underlying business models to create a sustainable logistics future.
The features allows SONAR users to see how sentiment evolves over time in the freight futures market.
Avocado supplies are expected to return to normal after a summer shortage sent prices skyrocketing in July. Prices spiked in mid-July due to imports of avocados from Peru and Mexico […]
Partially synthetic lower viscosity 10W-30 and 5W-30 oils are supplanting the industry standard 15W-40 heavy-duty oil. The new formulas cost more but can bring up to 2 percent better fuel economy with longer intervals between changes.
The U.S. State Department’s Bureau of International Security and Nonproliferation said it will move forward with the imposition of a second round of trade sanctions against Russia.
U.S. Customs and Border Protection said it will introduce “in the coming months” a new automated tool for importers and exporters to submit their electronic vessel manifest confidentiality requests to the agency.
The U.S. and Japan have reached a tentative trade agreement where Japan will buy more U.S. corn.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Odessa, Texas, ranked #4 city for truck drivers; New U.S. Ambassador […]
The summer doldrums were broken violently by an escalation in the U.S.-China trade war and tweets
Mexico manufactured 104,214 buses, heavy-duty and tractor-trailer trucks in the first half of 2019 (January-June), up 36.50 percent compared to the same period last year. The data was released August […]
But good news for the trucking sector: the assets stick around and activity continues
The vast majority of Aussie truck drivers are either fat or obese and they have a terrible diets, new research has found. Meanwhile, New Zealanders fund electric vehicles and Aussie trailer maker reveals a shocker set of financial results.
Fed policy talk and China’s retaliatory tariffs couldn’t spook the markets. It was the President’s tweets that sent the markets into a tailspin. With tariff increases on the horizon, we can be somewhat certain that more uncertainty and volatility will likely ensue for the transportation stocks.
Truckload volumes are now up 4.99 percent year-over-year.
Hino Trucks is already increasing its investment in a new plant in West Virginia, where it will build Class 7 and 8 trucks in addition to medium-duty models.
The Commercial Customs Operations Advisory Committee (COAC) Rapid Response Subcommittee on Aug. 21 proposed that Customs and Border Protection (CBP) support a “Northern Triangle Trade and Job Promotion Act” to […]
Lime moves ahead with the backing of venture capital and hopes that car-reliant metropolitan areas like San Antonio will embrace a cleaner, more communal way to navigate city life.
Trucking stands to gain, rail to lose if project moves forward.
How Flexport is managing the challenges of todays air cargo environment
The German economy shrunk by 0.1 percent in the second quarter of 2019, sparking fears of a recession.
China will impose additional tariffs on U.S. imports worth about $75 billion in response to a forthcoming fourth tranche of U.S. tariffs across about $262 billion worth of goods from […]
U.S. Customs and Border Protection officers at the Los Angeles and Long Beach seaport complex halted the illegal import of Chinese-made firearm parts valued at $378,225.
Ports of Los Angeles and Long Beach plan further cooperation to ensure they are the “gateway of choice in North America.”
A conversation with the vice president of business development for Kitchen United, a virtual restaurant facility.
Fourth-largest ports operator sees tepid volume growth, but logistics provides offset.
Trucking, freight and international forwarding business TIL Logistics (NZX: TLL) of New Zealand has reported solid revenues of NZ$355.1 million (US$226.94) and a small net profit after tax of NZD$4 million (US$2.56 million).
The Commercial Customs Operations Advisory Committee (COAC) on Aug. 21 approved a recommendation for Customs and Border Protection to allow carriers to assume liability for initial in-bond shipments, where the […]
With the recent complaints about workers’ rights, it makes sense that Doordash, like every other on-demand mobility company, is thinking about efficiency and the cost of human labor.
The freight industry is being battered by falling volumes and loosening capacity, with tightening credit standards further exacerbating the situation.
Israeli startup TriEye has received investment from German carmaker Porsche as part of its $19 million Series A round of financing.
Qantas announces a test program to fly nonstop from New York and London to Sydney. This long-haul flight may also present cargo opportunities.
Using data from FreightWaves SONAR, economist Ibrahiim Bayaan writes about the state of the U.S. retail market and what is ahead for this key sector.
Freight tonnage will grow 25.6 percent by the end of the next decade, the American Trucking Associations (ATA) predicts in its annual ATA Freight Transportation Forecast: 2019 to 2030.
Canadian logistics software company purchases U.S. firm whose TMS suite specializes in flatbed moves in North America and the EU.
One of the more popular ways to improve efficiencies and reduce costs is through outsourcing some or all of the supply chain operations to a managed transportation provider.
Truck wait times at ports of entry along the United States-Mexico border are up, from El Paso, Texas, to Otay Mesa, California. Industry professionals said the longer wait times are […]
Digital freight brokers continue to add services in the pursuit of carrier stickiness.
Three Chinese businessmen and their companies involved in the manufacture and export of deadly fentanyl have been designated as violators of the Kingpin Act.
“Robotic process automation has already taken root in other industries like financial services. It’s a perfect time for RPA to disrupt the logistics industry, given the amount of paperwork, documentation and around-the-clock customer interaction that global transportation requires,” says Mike Motsick, CEO of RPA Labs.
Sanguine outlook could flip, but retailers look well stocked ahead of peak season.
