Business

As the world’s largest retailer, the company is often seen as a bellwether for the overall retail landscape.

It is the first time a transportation and logistics provider has invested in an autonomous trucking company.

The Food and Drug Administration (FDA) is issuing a proposed rule to establish new required health warnings for cigarette packages and advertisements, which would apply to imports, the agency said. […]

Avianca continues to dispose of aircraft during its financial restructuring.

Drones may be one of the key answers to last-mile delivery. Read about how drones are being used around the world.

Golden Ocean could be a trendsetter, buying a stake in a marine-fuel operation to offset IMO 2020 price and availability risks.

Retail remains a rare source of strength in the economy while manufacturing struggles

Introducing an app-based visibility solution could be the answer to shoddy tracking updates.

Customs and Border Protection and the Treasury Department on August 15 issued a final rule to impose import restrictions on certain archaeological material from Algeria. Effective immediately, the rule amends […]

The jobs of 449 workers are at stake as Aspray Transport closes down on August 16, after reeling under insurmountable debt and a worsening Brexit situation.

The CEO of Maersk says the impact from the U.S.-China tariffs and trade tensions on global trade has been quite manageable.”

Truck wait times on the Mexican side of the Otay Mesa port of entry have jumped as the inspection process lengthens, leaving trucks backed up for hours, said officials in […]

Earlier today in Europe, Danish shipping giant A.P. Moller–Maersk (NASDAQ: Maersk A; NASDAQ: Maersk B) reported a massive increase in second quarter profit and earnings before interest, tax, depreciation and amortization. Revenues “grew slightly,” the shipping mega-conglomerate said.

Safety, labor advocates register early opposition to rule changes.

Meritor, Inc. is growing its manufacturing footprint in India by 25 percent with a $36.5 million axle assembly facility at Automotive Axles, its joint venture with Kalyani Group in Mysore, India. Meritor also is opening a research and development center in Mysore.

Payback for a record run of new trailer orders last summer continued in July with fewer than 10,000 new orders placed, a dramatic drop from the same month in 2018. Typical during summer months, low orders suggest a possible return to normal order patterns after an overheated second half in 2018.

The FreightWaves Freight Intel Group’s latest research shows that a freight recession is taking place.

The interagency Trade Policy Staff Committee (TPSC) is accepting comments and will hold a hearing to help inform the Office of the U.S. Trade Representative’s (USTR) annual report to Congress […]

Transportation and logistics firm plans additional brokerage offices in the United States, while CEO suggests a willingness to make an asset-based acquisition.

Tariffs are dampening enthusiasm for apples grown in Washington state, the country’s number one producer.

The Bureau of Industry and Security (BIS) is seeking public comment on the commercial impacts of the proposed addition of five chemical families to Schedule 1 of the “Annex on […]

Evergreen Marine reports a second quarter profit and says it will add 23,000 TEU ultra-large containerships to its fleet.

Transfix chief operating officer Lily Shen has added president to her title. The digital freight marketplace announced Shen’s promotion on August 14. Prior to joining New York City-based Transfix about […]

Memphis-based is the latest BiTA member. Read about this interesting company’s purpose.

Hyundai Merchant Marine, South Korea’s largest container carrier, said it had a smaller loss in the second quarter this year than in the same period in 2018.

186 transportation and logistics companies made the list.

Wisconsin-based Schneider National recently announced it is building a new operations center in Dallas, where the company will manage up to 500 truck drivers. The new facilities will include a […]

Views of the market from the ACT Research seminar

There are a dozen electric scooter companies in Paris, and the city has seen enough of the impact that an unregulated e-bike market can create on the city roads.

Can listed shipping shares break out of their slump before the U.S.-China trade dispute is resolved?

Marten Transport to pay a $0.65 per share special dividend and increase its share repurchase program.

Canadian transportation firm posts a 19 percent drop in revenue on tougher freight market on both sides of the border.

Customs and Border Protection is publishing a proposed rule to require customs brokers to collect certain information from importers to enable the brokers to verify the identity of importers, including […]

Volatility appears to be the only certainty for transportation stocks as trade concerns loom. The transportation stocks walked through a less than stellar earnings season, but renewed trade concerns has them bouncing about.

Cowen analyst Jeffrey Osborne has raised his estimate for Workhorse Group Inc. shares from $2.00 to $4.00 based on the company beginning production in the fourth quarter of more than 1,100 lightweight electric-powered NGEN vans.

Government denies claims the IRS misled company on excise tax rules.

Distributed Ledger Technology (DLT) and blockchain is becoming more mainstream. Information about a new study of DLT provides details.

Two bond rating agencies downgrade UPS debt, urging caution in how it allocates free cash flows

The Environmental Protection Agency is proposing to update standards for hydrochlorofluorocarbons, including import requirements. EPA announced that its proposed updates include requiring electronic reporting for importers and exporters; improving the […]

The transformation continues at Celadon Trucking with former Swift Transportation chief taking the helm.

As railroads cut less profitable routes, shippers should learn as much as possible about railroads plans for future service.

As protests continue at Hong Kong International Airport (HKIA), the disruption has not caused major delays in air cargo shipments or dramatic increases in rates, experts told FreightWaves. Protests at […]

Amazon nears U.S. release for Prime Air drone deliveries.

Some tech goods, including cellphones, laptops and video game consoles, won’t be subject to Section 301 tariffs when a new round takes effect September 1.

Phononic provides semiconductor chip solutions that help companies replace inefficient and bulky compressors, heat sinks and fans used for cooling and heating products moving in the cold supply chain.

In Texas, several major and regional airports posted large increases in air cargo trade for the first six months of 2019. Amarillo International Airport’s trade with the world rose a […]

Manila, Philippines-based international container terminal operator, ICTSI (PSE: ICT) has reported a massive increase in profit and a substantial increase in revenues for the first half of 2019.

Japanese gas explorer, prospector and transporter INPEX (JPX: 1605), which is listed on the Tokyo Stock Exchange, announced a solid upswing in revenues, operating income and net income.

The Center for Advanced Mobility marks another stage in the evolution of Detroit as a hub for new transportation technologies.

Americold Realty Trust sees favorable refrigerated warehouse supply and demand dynamics continuing.

Traffic congestion in the developing world is driving a flourishing on-demand bus market.

Customs and Border Protection will conduct a test to examine new functionalities for de minimis entry filings in the Automated Commercial Environment (ACE) beginning no earlier than September 28, CBP […]

Shifting rules at marine terminals pose challenge to drayage.

Learn about the six most common reasons cargo gets delayed during the customs process.

U.K.-based Deliveroo is exiting Germany, citing difficulties in maintaining the level of customer service that it offers across its other markets.

Barbara Spector Yeninas had the moxie to launch a business serving the male-dominated maritime industry 45 years ago. That determination has kept her going for more than four decades, although these days she’s wearing sneakers instead of stilettos.

Third busiest U.S. port prods carriers and owner-operators to use low- and zero-emissions trucks.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: new FAST lane in Laredo, Pharr Bridge sees mixed results, sales of […]

Port Laredo and the Port of El Paso reported declines in total trade volumes for the first six months of 2019, compared to the same period last year.  Laredo’s trade […]

Freight markets were steady this week as tariffs fuel volatility in stocks and bonds.

The U.S. Treasury Department’s Office of Foreign Assets Control has started making examples of companies that did not take its administrative subpoenas for information involving alleged sanctions violations seriously.

Race cars sure move fast on the track, but how do they get there in the first place? On today’s Freight All Kinds, we find out! To read the article Freight […]

If YRC Worldwide, Inc.’s (NASDAQ:YRCW) second-quarter results could talk, they would tell investors and shippers to give them the benefit of the doubt. But after a disappointing quarter, an equity […]

Last-mile delivery is critically important to both consumers and the companies that sell to them. Read about six challenges and changes in last-mile delivery.

The Defense Department (DoD), General Services Administration (GSA) and National Aeronautics and Space Administration (NASA) are proposing to amend the Federal Acquisition Regulation (FAR) to support the Small Business Administration’s […]

Trucks are omitted from a study analyzing congestion pricing options; YRC scraps satellite radio in cabs; FedEx drops Amazon in dollars-and-sense decision

July PPI data showed another decline in trucking rates as yearly growth will likely turn negative soon.

Customs and Border Protection has adjusted the amounts for its merchandise processing fees for fiscal year 2020 to reflect changes due to inflation.

With their vast knowledge of imports, customs brokers see themselves playing an important role in the battle against counterfeit goods.

The blockchain project is in collaboration with Daimler Trucks and seeks to secure and automate machine-to-machine payment processes.

The Commerce Department’s investigation into Mexican tomato exports is set to conclude on September 19th.

Chinese tariffs are impacting American agriculture. But declines in exports to other countries are also hurting American agriculture.

Parking and technology will both be featured on this weekend’s edition of FreightWaves Radio on SiriusXM Road Dog Trucking.  Co-hosts John Kingston and Timothy Dooner will be joined by Sarah […]

China’s ports are the most connected ports in the whole world, mega-study reveals. Ports elsewhere in Asia flesh out the top twenty. U.S. ports don’t make an appearance until way down the list.

Continued weakness from its Canadian Peterbilt dealerships adds to steep decline in Alberta company’s agricultural equipment business.

Uber’s second quarter as a public company saw a loss much worse than the consensus estimate. Revenue increased significantly at Uber Freight, so did the losses.

A Cato Institute trade policy analyst and the president of the Hawaii Shippers Council respond to an editorial written by a Jones Act supporter.

When designing software for truckers, it is vital for companies to consult drivers at every stage of its development, as apps developed in siloes will only make the lives of truckers more complicated.

Rates could break out either to the upside or downside.

Old Dominion reported continued LTL volume weakness in July. Near-term volume relief may be hard to come by as domestic and global macroeconomic trends remain tepid.

The 183 parties to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) will adopt decisions and resolutions to expand and strengthen the global wildlife […]

Gebrüder Weiss announced Aug. 8 that Heinz Senger-Weiss, managing director of the Air & Sea division, is resigning at the end of the year “for personal reasons” and that it […]

Matson, the largest U.S. domestic container carrier, said it is lowering its operating income projection for 2019, citing lower container volumes to Hawaii.

Customs and Border Protection has updated its seizure mitigation guidelines involving licensed and non-licensed exports for its officers at the nation’s ports of entry.

The Complete Vehicles segment grew sales by 40.7 percent and widened its EBIT margin.

The owner of BNSF and the investor behind Uber have more in common than it seems.

A supply-demand imbalance and oceanic low-sulfur fuel regulations are making air freight more attractive relative to ocean freight. Or, at least, that is what air carriers hope.

Genesee and Wyoming sees second-quarter operating income decline amid lower freight revenues from its Australian and European operations and flat year-over-year revenue from its North American operations.

DHS concurred with the four recommendations made by the congressional watchdog agency.

Lyft reported revenue well ahead of estimates and commented that continued improvement in market conditions, which may mean lower rider discounts and an easing competitive landscape, prompted the improvement in guidance.

The U.K. imports a bulk of the food it consumes from mainland Europe, and this might be a problem in the event of a no-deal Brexit.

Navistar lost nearly half its market share in the middle of the decade because of an engine emissions issues. It has been recovering but now it is following a growth plan called Vision 2025.

In auto racing, the racecar is the star and teams spend a lot of effort getting to the race on time. But they also need to bring all the supporting players: the tires, the gearboxes…and the bodywork. And the chassis. And the spare engines. And the awning. And the tools. And they all need to fit in one trailer.

Seaspan says high demand for containerships has shielded it from the U.S.-China trade war.

Cathay Pacific is the latest in a string of airlines to cite trade tensions as the reason for plummeting cargo segments.

FreightBro is a digital enabler that helps digitalize and automate several manual operations within the shipping industry, tailored to suit small- and mid-tier freight forwarders.

Hapag-Lloyd says it outlook for the second half of 2019 is unchanged even if it has to deal with more trade restrictions.

Roadrunner Transportation Systems reports another large operating loss and announces that it will narrow its focus to its logistics and asset-light LTL segments.

EIV Capital, a Houston firm that invests in energy businesses, recently helped raise $75 million in funding that will research turning dairy cattle’s recycled cow manure into usable, clean energy […]