Tandem Workflow, using the same customer-centered ethic that branded BOLT from the start, continues to broaden in capacity, types of freight and user audience.
Daseke eliminates the role of president as it increases and accelerates its cost savings initiatives. The company will continue to search for a new CEO and begin looking for a new CFO.
Tech firm will team up with provider of pricing data to container industry to get carriers on time.
A white paper released Sept. 4 by Sen. Bill Cassidy, R-La., raises concern with the ability of the federal government to combat trade-based money laundering (TBML) and suggests that a […]
Does container shipping have a drug problem? After a string of busts in the U.S. in recent months, attention has now switched to the U.K., where authorities have seized 1,279 […]
Logistics startups are using data science and mobile technologies to connect grocery shoppers with local farmers.
Using “crowd-solving” and prizes, Sea Freight Labs hopes to help shipping companies find better and faster solutions to challenges.
Potato farmers are asking U.S. agricultural officials for support in expanding export trade into Mexico. Currently, American potato farmers and exporters are mostly barred from selling fresh potatoes in Mexico […]
A round at this valuation puts Convoy one step closer to an IPO.
With rail traffic lower year-over-year and PSR initiatives in full swing, it’s understandable that soft railcar demand attracted attention at an investor conference.
Old Dominion, ArcBest report sluggish monthly
Treasury Secretary Steven Mnuchin and French Finance Minister Bruno Le Maire on Sept. 3 stated a shared commitment for their countries to work constructively on a solution to international taxation […]
Women drivers wait longer to load and unload their freight than their male counterparts because they are less prone to pitching a fit over delays.
East futures lanes little changed on the uncertainty of Dorian; SEA to LAX firms
Air cargo carriers are expecting a demand surge for scheduled and charter capacity if the British government overcomes opposition in Parliament and proceeds with a no-deal exit from the European […]
Companies like Safe Bulkers are booking their ships at considerably higher rates, yet investor interest remains muted.
Resit Tavan, owner of Istanbul-based Ramor Dis Ticaret Ltd., will spend 27 months in jail for conspiring to export U.S. marine equipment to Iran.
Europe’s air cargo industry has not been the quickest when it comes to embracing the digital world, but efforts are being made to catch up. A series of carriers have […]
The Office of Foreign Assets Control said additional trade regulations will take aim at the Nicaraguan president and his regime for the ongoing use of violence against the country’s people.
Navistar International Corp. blew past revenue and earnings estimates for its third fiscal quarter. It is reducing production but expects to gain market share in a softening market.
The Amsterdam airport did report an €18 million year-over-year increase in revenue for the first half of 2019.
Although consumption rates in Europe have remained durable and kept cargo demand reasonably buoyant this year, the U.S.-China trade war and ‘Brexit’ are casting dark clouds over the European economy […]
Auto manufacturers remain a proponent of autonomy, even if what they’re manufacturing are varieties of electric scooters and bikes.
FreightWaves has become the number one source of data and market insights in freight for one reason: our people.
U.D. Trucks, the Japanese unit of Swedish truck maker AB Volvo. conducted the first test of an Level 4 autonomous truck in the island nation. The test run at a sugar processing facility in Hokkaido prefecture is partially aimed at addressing a shortage of truck drivers worsened by an aging population.
Do U.S. corn producers have an opportunity to sell more to Brazil for ethanol production?
Market Voice Jim Blaze contents that railroads are using the wrong KPIs to increase volume and capture market share from trucks.
Trucking Freight Futures lanes in and out of ATL up significantly in fear of Dorian
Ruling considered a win for trucking companies.
There isn’t a driver shortage. In fact, there is a glut of capacity on the road, and not enough freight to haul.
As a medium of shared mobility. e-scooters are finding wider acceptance in Germany, but it is yet to be seen if they can decrease street traffic.
China will file a dispute at the World Trade Organization (WTO) regarding U.S. tariffs across approximately $263 billion worth of goods from China in annual import value, China’s Commerce Ministry […]
Northeast Florida readies for Hurricane Dorian, Uber and Lyft offer free rides, Georgia ports remain closed and UPS issues pickup and delivery advisory.
The BIS Office of Export Enforcement has “revealed schemes” by Pakistani entities attempting to acquire U.S. technologies to support the country’s nuclear program.
OFAC has added two Taiwan entities and another in Hong Kong, as well as their managers, to its list of sanctions for illicit ship-to-ship transfers of fuel to North Korea.
Nikola Corp. expects to raise more than $1 billion in its Series D runding raising. That starts with London-based CNH Industrial that invested $250 million in cash and in-kind help.
TruckIT connects dump truck supply with demand through its marketplace, which helps contractors to plan their needs better and truckers to make more money in the process.
The London-based startup is helping ships to optimize their port docking time, allowing them to sail early and save on fuel by sailing slower.
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.
