Eric Hirschhorn, BIS chief during the Obama administration, said interactions with industry when reforming export control regulations are vital and warned the agency needs more resources to carry out its […]
After decades of planning and discussion, freight traffic could finally have an alternative highway loop around Dallas that saves them from bottlenecks along Interstate 35. The Loop 9 project will […]
Declaring an undervalue on imported watercraft has triggered demands for millions of dollars in duty from the authorities. Experts say customs authorities will, in future, only become more efficient… and aggressive.
Critics of the proposed location for an Oakland Athletics baseball stadium point to a study that says the Howard Terminal site will be needed for cargo.
Volvo Group and Samsung SDI will work together to advance Volvo’s electric truck plans with direct supply of battery cells and packs to Volvo manufacturing plants.
“You’ve heard me say this many, many times – we’re not going to use the lack of volume as an excuse not to make aggressive achievements on our productivity,” Union Pacific chief financial officer Rob Knight said.
A multilateral steel group mandate was not renewed in Japan, says the deputy director of the National Economic Council during a think tank discussion Wednesday.
The United States is sending an additional deployment of 1,100 active-duty troops and 1,000 Texas National Guard soldiers to the U.S.-Mexico border, Pentagon officials announced July 17. The new active-duty […]
Today’s fleets contend with the Amazon effect on logistics, have to keep up customer satisfaction levels, minimize operational costs and also attract and retain drivers. Technology could help make these challenges easier.
The importance of technicians and the cost of technicians as part of the total cost of ownership is covered in this article by Gerry Mead.
Sherrod Brown and Ron Wyden urge Customs and Border Protection to issue a withhold release order to prevent such imports from entering U.S. commerce.
The clean balance sheet and deteriorating fundamentals in the TL space that could force some carriers to look for the exit begs the question, ‘will we see Heartland become acquisitive again?’
The railcar leasing company posted diluted earnings per share (EPS) of $1.86, up from $1.01 in the second quarter of 2018
Volvo Group posted record second-quarter sales and earnings but warned that production cuts are likely in the second half as a huge backlog of heavy-duty truck orders from 2018 shrinks in size. (Image: Volvo)
Investor speculation that VW’s Traton SE would complete an acquisition of Navistar International took a hit along with the share price July 17 when the head of Traton said he was satisfied with the present 16.8 percent of the Illinois company’s shares.
Calls for the Trump administration to impose trade sanctions against Turkey for its recent purchase of a Russian-made surface-to-air missile system are becoming louder from Capitol Hill.
Panalpina’s worse than expected results appear to be largely due to the company being picked off by its competitors as its customers wait to see how the merger with DSV shakes out.
Union Pacific set an all-time record for its operating ratio in the second quarter despite lower freight volumes and a decline in freight revenue.
A five percent drop in licenses contributed to a modest disappointment, but management is excited about Qualtrics.
Four months into the MAX grounding and several more to go, what’s the latest on the air cargo impact?
A truck driver who was convicted and sentenced for dangerously driving his truck in a way that caused grievous bodily harm and severe brain damage to a young woman has escaped a much more severe sentence owing to bureaucratic failings.
This is the fourth consecutive quarter IBM has reported falling revenues.
The combination of volume weakness, excess capacity, declining rates and formidable year-over-year earnings comparisons have resulted in the public carriers finally waving the white flag and acknowledging that 2019 will be a struggle.
Sandeep Kar has written a thought-provoking article about changes in trucks and how those changes affect truck drivers. He also writes about what the future may hold for truck drivers in the coming years.
A record number of Mexican-made vehicles cross the borders to be sold in North American and Asian markets.
Mexican factories exported a record-breaking 1.74 million vehicles worldwide during the first six months of 2019. The majority of those vehicles – 1.37 million – were shipped north across the […]
A House subcommittee told Tuesday CBP fentanyl seizures thus far in FY19 equal all of FY18.
Crank your curiosity up to 11 because on this episode of Freight All Kinds, we cover how concert stages tour from arena to arena. FreightWaves Managing Editor Mark Solomon joins […]
Trailer orders hit their lowest level in nearly a decade in June, mirroring the slowdown in new truck orders after record performances for both in 2018.
Another shoe drops as the heart of truckload earnings season commences with Knight-Swift saying that it won’t meet analyst expectations.
The World Trade Organization Appellate Body finds against prior U.S. CV duties on China.
Plastic waste originated in the U.S. and Canada, says the Ministry of Environment.
The tunnel “enables vehicles traveling on one side of a one-way frontage road to make a U-turn onto the opposite frontage road without stopping at a traffic signal.”
The $1.2 billion expansion could nearly double capacity at the country’s busiest seaport.
“The present economic backdrop is one of the most puzzling I have experienced in my career..”
Electric vehicle charge points will now be installed in every newly constructed residential and non-residential building as part of a larger plan to expedite EV adoption in the U.K.
A bipartisan group of U.S. lawmakers introduced legislation that would require congressional approval to remove Huawei from the Commerce Department’s Entity List.
An attempt to illegally ship a U.S.-made drill to Iran nets a $300,000 civil penalty and an export denial from the Bureau of Industry and Security.
Volvo Trucks says anyone involved in heavy-duty trucking has a “moral obligation” to make trucking safer.
An exclusive interview with John Kartsonas, the developer of the BDRY exchange-traded fund that tracks bulker rates.
Getting concert tours to where they need to go is a specialized gig
The president’s executive order sets the stage for higher domestic content requirements for federal procurements and a threshold for iron and steel products.
Despite a drop in profit in the second quarter, CSX’s (NYSE: CSX) operating ratio set a company record.
Canadian Pacific’s (NYSE: CP) is willing to cut costs in the second half of 2019 should macroeconomic factors put pressure on demand for rail service.
A platform was rolled out on Tuesday that automates the shipping process for auction houses and bidders of high end items
Economic data from the goods side of the economy continued to trend in a positive direction in June, as both retail sales and industrial production posted solid gains.
Laredo Mayor Pete Saenz highlights improvements being made to the World Trade Bridge at the Texas-Mexico border.
The trucking industry’s technical recession is causing real-world impacts to the used truck market, where sales continue to fall and even sought-after low-mileage rigs are under pressure. Preliminary used Class […]
Freightos, the software as a service (SaaS) platform for the freight industry, is building an online pricing and booking platform for air cargo for one the biggest airlines in the […]
Logistics real estate company Prologis, Inc. acquires 37.5 million square feet in $4 billion deal.
Amazon workers strike on the company’s mega-discount Prime Day, asking for fair treatment, higher pay and decent working conditions within warehouses.
“The certainty that comes from having USMCA in place will allow us to continue to invest in manufacturing in the United States with confidence,” says General Motors CEO Mary Barra.
Canadian Pacific’s (NYSE: CP) second quarter net income rose 66 percent amid a 13 percent increase in company revenue, the railroad reported on July 15. CP’s financials are reported in Canadian dollars, except for earnings per share.
Marken has acquired three European companies based out of central and eastern Europe, to expand its geographic footprint in the pharma and life science logistics segments.
Canada’s freight forwarders are working with the Canada Border Services Agency to test the processes for the country’s new paperless export reporting system, which is scheduled to become the only […]
Jordan Alliger rated UPS, FedEx, and J.B. Hunt ‘Buy’; XPO and C.H. Robinson ‘Neutral’; and Expeditors ‘Sell.’
P.A.M. Transportation Services reported “best second quarter operating income on record”, but signaled future margins may be challenged.
Consumer enthusiasm and sky-high valuations disguise a bevy of industry challenges.
In the wake of Hurricane Barry, Brian Aoaeh writes about the disruption to supply chains that hurricanes and flooding can do. In particular, the state of Louisiana and its ports are critical to the U.S. agriculture and energy industries.
Jim Blaze writes about earnings season for the railroads, and what investors, customers and employees should be looking and asking for in the railroads’ quarterly earnings reports.
Scott Case writes about the troubles Boeing is having with its 737MAX, as well as with its 787 Dreamliner. Learn the latest in this commentary.
Donald Broughton’s third article about the impact of the gross domestic product and how it can be useful for business intelligence and forecasting is a must-read.
Laredo Mayor Pete Saenz recently highlighted plans to remodel and expand the World Trade International Bridge, speeding up wait times for the 12,000 trucks crossing the Texas-Mexico border every day. […]
The president opted instead to direct the establishment of a working group to examine the U.S. nuclear fuel supply.
Shipping lines and ports operators have committed to help establish the Global Shipping Business Network.
The U.K. is on the threshold of becoming independent from the EU, but it does not seem to have answers to the trade and logistics nightmare that would follow post-Brexit.
The Port of New Orleans has reopened, although the remnants of Hurricane Barry are producing drenching rains.
Four of the largest shipping lines and five ports operators committed to support a blockchain development platform for the shipping industry. Hong Kong-based CargoSmart said the agreement with CMA CGM, […]
Louisiana Rep. Clay Higgins introduced legislation to reauthorize and enhance the functionality of the CBP’s Customs Trade Partnership Against Terrorism Program.
All of the carriers on Transplace’s platform will integrate with Descartes MacroPoint by January 2020.
Ben Thrower recently visited the Panama Canal. He writes about the canal’s expansion and what that means to global trade and the maritime industry.
The trucking apocalypse is upon us, and it has taken its latest victim. This time, it’s a 40-year-old carrier out of California. Timmerman Starlite Trucking Inc. of Ceres, California, announced […]
There is an abundance of data coming out of food supply chains, and it is important for stakeholders to verify and validate these data points and leverage blockchain to functionally push supply chains forward.
Cowan Systems has acquired family-owned regional carrier Carlisle Carrier as it looks to strengthen its Northeast presence.
It can be a rough business doing freight and logistics in Australia. And now, in the Australian capital city of Canberra, it looks like the last-mile drone delivery business has gotten a fair bit more… dangerous!
Bascome Majors says contract rates will be under downward pressure for the rest of the year, but spot rates may have already turned up.
Producer price data shows that trucking rates made some gains in June, but much of this was likely driven by seasonality
June 2018 was the busiest month in the port’s 108-year history.
United States and Mexican avocado growers and importers recently broke ground on a partnership facility called “Casa APEAM” in Uruapan, Mexico. The new $12 million facility will be a venture […]
Daimler provides lower financial guidance for the second time in less than a month.
Trade experts tackled the bilateral trade war, which has lasted for more than a year, during a panel discussion Wednesday.
Supply chains are embracing cutting-edge technology, in an attempt to reduce costs and increase efficiency. However, it is critical to understand which technologies to invest in to stay away from tilting the delicate balance of value chains.
The fake Edison Professional speakers, with a manufacturer’s suggested retail value of $253,572, originated in China and will be destroyed.
OneLedger has joined the Blockchain in Transport Alliance (BiTA). Read about BiTA’s latest member and its reasons for joining.
Largest marine terminal in North America gets another vote of approval for new cargo-handling equipment at Pier 400.
This article brought to you courtesy of NEXT Trucking Transloading services are becoming an increasingly popular option for international shippers looking to beat the cost of carrier haulage by an […]
Less than truckload carrier LME has suddenly closed its doors.
Maersk, for the second time, was granted a permit by the Port of Los Angeles that would allow its APM Terminals subsidiary to install infrastructure for electrified, automated container handling […]
Premiers seek to improve the flow of goods among provinces, but stop short of pushing for major leaps during annual summit.
ACT Research says the trucking industry meets the definition of being in a technical recession as all major metrics it tracks have declined for two consecutive quarters.
U.S. Xpress lowered its financial outlook for the second quarter 2019 as well as the full year.
California bill affecting owner-operators will die if not on governor’s desk by September 13.
The phased strategy comes as the automotive industry is pulling back on its ambitious claims about when fully autonomous vehicles (AVs) will hit the mainstream.
Texas Gov. Greg Abott recently signed a bill aiming to speed up the inspection process for trucks carrying fresh produce across ports-of-entries along the Texas-Mexico border. Texas House Bill 2155, […]
Rivigo, a freight and logistics startup in India, has raised $65 million in a Series E round led by existing investors Warburg Pincus and SAIF Partners. The startup plans to […]
The port handled a record 2.4 million TEUs of containerized cargo in the 12 months ending June 30, an 8.8% increase over the prior fiscal year.
GTZamp automates multi-movement routes, offering loads to drivers based on an ever-growing number of attributes.
The Waterways Council wants lawmakers to legislate a cost-share split for inland waterways infrastructure projects that’s 25% nonfederal funds and 75% federal monies.
Latest incident comes after U.K. arrests ship carrying Iranian crude oil.
The action could result in trade remedies, including tariffs, if the U.S. finds that France is engaging in unfair commercial practices.
