Transplace finds a disparity in consumer goods trade leads to large spread between north and southbound traffic – and a Canada backhaul “tax.”
In Australia this week… new tunnels and roads to eliminate trucks; cattle and driver nearly burned alive; human remains found after truck explodes; controversial logistics software company vows to fight class action and the regulator; I’ll huff and I’ll puff and I’ll blow… you off the road!
A pair of enormous crates carrying parts of a South Korea-bound drilling ship will be transported along highways through the Houston area over the next four days. According to Ronnie […]
The FreightWaves basket of top freight markets all posted positive numbers this week.
Goods like clothes and toys are on the proposed tariff list.
Japan’s Cabinet on Aug. 2 approved a measure that will allow the Ministry of Economy, Trade and Industry (METI) to impose new licensing policies and procedures on exports and transfers of controlled items to South Korea.
The deal reached in Washington on Friday will allow the U.S. to nearly triple its beef exports to Europe.
The U.S.-China trade war has dropped trade volumes between the two countries to date in 2019. One result – Mexico is now the #1 trade partner of the U.S.
Automotive carrier Kawasaki Kisen Kaisha (K-Line) has been convicted of being in a criminal cartel and has been fined nearly US$23.4 million in Australia.
Leaders of a farmers’ protest in Mexico said if negotiations don’t progress with the government of President Andres Manuel López Obrador, the “next blockade” will be twice as large as […]
Canadian digital-freight matching platform seeks to list on TSX Venture Exchange with “conservative” C$34 million valuation.
Japans K-Line shipping company reported its fiscal first quarter earnings.
Chinese billionaire Liu Zhongtian, former president of China Zhongwang Holdings Ltd., was indicted by federal court in Los Angeles for allegedly evading $1.8 billion antidumping and countervailing duties on aluminum shipments.
Japanese shipping company NYK;s fiscal first quarter earnings are covered in this article.
An overview of Japanese shipping company MOLs fiscal first quarter earnings is covered in this article.
Ocean Network Express (ONE) expects slightly better profit this year than previously forecast as costs drop one year into its full operation. But overall demand remains tepid as it lowered […]
Canadian Pacific Railway (TSX:CP) (NYSE:CP) has joined the Blockchain in Transport Alliance (BiTA). In joining the Alliance, CP is supporting BiTA’s mission of producing blockchain standards that allow for interoperability […]
Canadian rail and trucking sectors expand as nation’s GDP increases by 0.2 percent, capping its best three-month period in two years.
Jim Wilson reports on Hong Kong-listed dry bulk ocean shipping company Pacific Basin’s earnings.
Tariffs and USMCA were among the topics discussed during Tuesday night’s presidential debate.
A small business exporter highlighted the benefits she has reaped from de minimis exemptions during a Senate Finance Committee hearing Tuesday.
Ceva Logistics posts weak first-half results, pressured by economic weakness, subpar airfreight volumes and loss of big ocean contract
Eternity México recently launched ELIS, a new cloud-based platform to track international freight shipments in real-time between major markets from Asia to Latin America. ELIS (Eternity Logistics Intelligent System) was […]
Innocent third parties who get caught up in Australia with illegal drug logistics, such as employers and transport operators, do not appear to fear the threat of having their property seized by the authorities.
Freight revenue drops by 12.1 percent, led by a more than 20 percent plunge from airline’s Pacific routes.
Indiana-based Cummins Inc. (NYSE: CMI) reported higher revenue and net income, but the power technology company’s second quarter earnings came in below analysts expectations. Cummins posted second quarter earnings of […]
How will Pittsburgh Airport build on its air cargo success so far?
Purchase of Worldwide Perishables Canada expands perishables business of world’s largest freight forwarder.
Traton SE crossed $1 billion in operating profit for the first six months of 2019 but expressed concern about slowing orders in the second half.
The working group laid out specific proposals in the areas of labor, the environment, enforcement and pharmaceuticals.
Furniture-makers may face long slog in adjusting to tariffs on Chinese imports; Autonomous freight trains to be tested
Just Eat and Takeaway.com merge to create a £9 billion company that will be headquartered in Amsterdam and traded on the London Stock Exchange.
Purchase of Missouri-based Piston Tank Corporation grows Canadian transportation company’s U.S. specialty operations.
The Shell Rotella Super Rigs is among the more attractive beauty contests for trucks because every entrant has a chance, winner or not, to end up in Shell’s Super Rigs annual wall calendar.
OOCL reported its second quarter 2019 earnings while also announcing that it was canceling several Asia-Europe sailings for a three-month period.
Indiana-based Steel Dynamics Inc. announced it will build a $1.9 billion mill in Sinton, Texas, about 25 miles northwest of the Port of Corpus Christi. The site for the new […]
CEO Alain Bedard lauds “magic” of its American trucking business ability to shore up efficiency in challenging freight environment.
New equipment will allow U.S. Customs and Border Protection agents inspect up to 50 trucks per hour along the U.S. borders with Canada and Mexico.
Australia’s competition watchdog, the Australian Competition and Consumer Commission (ACCC), has expressed competition fears over the acquisition of the wharf-side GrainCorp Liquid Terminals by independent bulk liquid storage company ANZ Terminals. The ACCC has formed a preliminary view that the potential sale would “substantially lessen competition”… and that’s the first step on the way to blocking the A$350 million (US$248 million) deal.
The Netherlands-headquartered shipping line Universal Africa Lines (UAL) recently added Port Houston’s City Docks to its liner service that connects the Gulf of Mexico and Mexico with West Africa. UAL, […]
Free trade deals are driving demand for logistics staff in Australia, says recruiter Hays. Meanwhile, the Australian Federal Government is handing out cash to boost trucking, cargo and road safety. Trucking fuel is much in the news with a new bio-diesel plant opening but industry groups are calling for a better uptake of electric vehicles. Australia’s famed trucking museum may now be in jeopardy.
Asian city-state Singapore has seen a small fall in container volumes and a more noticeable fall in containerized cargo weights in the first half of 2019 when compared to the same period in 2018. Singapore is a bellwether for world trade volumes and it does a substantial amount of business with the U.S. as well.
Amazon’s q2 shipping costs soar as costs of one-day delivery launch exceed estimates
Canadian transportation firm reports a 13 percent increase in net income, helped in part by improved performance from its U.S. truckload businesses.
BorgWarner sales and income declined in the second quarter but revised downward guidance for the rest of the year hammered shares.
Mostly ignored in the B2C rush, small business in the B2B realm are getting a seat at the e-commerce table.
Canadian transportation and oil services firm ready to make additional acquisitions to boost growth after strong second quarter results.
Global equipment manufacturer Caterpillar’s (CAT) second quarter earnings disappointed analysts. The company cited a combination of tariffs, weaker sales in China and slower growth in the Permian Basin for the […]
Boris Johnson will become the Prime Minister of the U.K. today, and will be assuming responsibility for the nature of the U.K.’s exit from the European Union.
U.S. next day air volumes set the pace for UPS’ second-quarter results
Stock market analysts are not excited by the initial public offering (IPO) of the container- and forestry-products focused Port of Napier on New Zealand’s east coast.
Criminal syndicates are smuggling huge volumes of methamphetamine around the globe by hiding it in the lawful flow of freight. Find out where meth flows, how it flows, and who profits as it flows.
UPS launches a slew of products in arguably its biggest one-day portfolio change in its history
Alibaba re-arranges the US B2B e-commerce landscape by opening its platform to US sellers
Narrow vote overcomes opposition to Comprehensive Economic and Trade Agreement, which has boosted France’s exports.
Kuehne + Nagel (K + N) said it is cautiously optimistic on the outlook for the second half of 2019, but it will be a “tough ride in a tough […]
BRP Inc. recently expanded the capacity at two of its production facilities in Mexico, where it builds its powersport and personal watercraft vehicles. The Quebec-based company’s increased production comes at […]
sennder has now raised nearly €100 million this year across two rounds of funding.
Ben Thrower explores the financial and political influence that China is wielding in Panama and around the Panama Canal.
As many as 50,000 angry farmers throughout Mexico blocked highways and an international bridge along the Texas-Mexico border on July 17 in protest of the government of President Andres Manuel […]
Prime Minister Justin Trudeau touts Comprehensive Economic and Trade Agreement with the European Union, but Canadian exporters have been slower to take advantage of the deal.
Canada’s largest transportation and logistics company releases second-quarter results on July 25.
A weekly round-up of events in Australia. This week: Melbourne forces trucks out of the inner city; cleaning up asbestos roads; obeying road signage fail; road train safety inspections.
Fretlink connects thousands of carriers with large shippers through a digital freight marketplace that offers reliability on service and freight hauling prices.
Kentucky-based Legion Logistics has opened a new satellite office in the city of Santiago de Querétaro, Mexico. The new international office, staffed by two bilingual freight specialists, gives Legion Logistics […]
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.
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.
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 […]
Canadian transportation and logistics firm selects interim chief financial officer Alex Fu for the permanent post.
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.
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.
A simmering industrial dispute in Australia burst into fire this morning when maritime box terminal operator DP World Australia used local media to threaten longshoremen with job losses. Strikes confirmed at Sydney, Fremantle and Brisbane.
A survey of 600 industrial buyers in three Asia-Pacific countries found that buyers rely as much on traditional forms of procurement channels as they do on e-commerce, and that so-called […]
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 […]
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.
Kal Atwal becomes executive vice president as Canadian transportation and logistics company integrates bankrupt courier BeavEx’s business.
Amazon workers strike on the company’s mega-discount Prime Day, asking for fair treatment, higher pay and decent working conditions within warehouses.
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.
Waterfront tensions are increasing as the Maritime Union of Australia declares more wharfside strikes around the country.
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 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.
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.
Officials weigh transportation options for migrating fish blocked by landslide in British Columbia.
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!
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 […]
France-based freight-forwarding and logistics company in talks to buy 80 percent stake in unnamed firm.
A suspension “until further notice” of the latest round of draft restrictions on ships using the Panama Canal was issued yesterday by the Canal Authority. Dry conditions are likely to continue throughout July and may last to the end of the year.
An end to growth-stopping financial penalties on the Port of Newcastle is definitely not on the agenda after the NSW state government re-committed to its existing policy to keep the port in a crippled state.
Premiers seek to improve the flow of goods among provinces, but stop short of pushing for major leaps during annual summit.
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, […]
Courier offers QuickShip service in four major Canadian cities as part of C$1 billion expansion.
Patrick Terminals in Sydney, Australia, shut down for about 19 hours over Monday, July 8 and Tuesday, July 9 after a worker tragically committed suicide.
A week after several international border bridges between the United States and Mexico had to be closed because of the migration crisis, U.S. officials announced migrant border arrests fell 28 […]
Drivers of 18-wheelers, tractor-trailers, delivery trucks, freight trucks and tanker trucks hauled more than $671 billion in goods across the United States-Mexico border in 2018. However, there are around 50,000 […]
Austria will be increasing its toll for Euro 6 trucks by 4 percent next year. It already has many restrictions on trucks moving on local roads, products that the trucks can carry, and has organized several block checks, creating unnecessary traffic bottlenecks.
The Liquor Control Board of Ontario says a transition to a new warehouse management system is delaying deliveries to its shops across Canada’s largest province.
Food retail chain Lidl is collaborating with Deutsche Post to put 500 DHL Packstations in Lidl stores to help Lidl customers pick up their online purchases once they are done with their shopping at the retail storefront.
Paul Tessy will oversee Canadian firm’s international segment as it looks to expand reach in the U.S.
Longshoremen around Australia are walking out on the job for two-, three- and four-day strikes in the latest collective employment dispute. A series of work bans on overtime and shift extensions is also now in effect.
Integrated logistics provider Qube (ASX:QUB) issued its formal takeover to the shareholders of target logistics service provider, Chalmers (ASX:CHR) on Monday, July 8.
