Nations in South East Asia are experiencing plunging trade and stumbling economies, analysts say, and they add it is due to a weakening Chinese economy and trade war tensions.
The numbers of robots in use around the world is forecast to reach 20 million by 2030…. automation is also forecast to displace tens of millions of people from their jobs.
Generic corn and wheat futures are up nearly 30% since May 10 on depressed yields and constrained transportation in the Midwest.
The Port of Brownsville recently received a key permit from the U.S. Army Corps of Engineers to deepen the 17-mile Brownsville Ship Channel. Dredging on the $350 million project could […]
Government places 10-knot restriction on a section of the Gulf of St. Lawrence to protect endangered North Atlantic right whales.
The Netherlands leads Europe in inland waterway transport, and to keep its dominance over roadways intact, it looks to invest heavily in autonomous shipping technology.
Air Canada (TSE:AC) will acquire Transat A.T. (TSE:TRZ), the parent company of Canada’s third-largest airline, strengthening its position as the country’s dominant carrier. The companies announced on June 27 that […]
Solid growth in China’s cargo throughput has been revealed in newly published data. No doubt about it – the country’s cargo volumes are growing.
NEXT Trucking is opening a new drayage facility in a bid to speed up truck efficiency at the busiest seaport in the United States. The 18-acre facility, which is about […]
Canadian courier plans to build new “super hub” in Toronto and purchase 1,000 new vehicles in response to record volumes.
Maersk rolled out a fully online service for customers to book space on a container ship. The new offering, Maersk Spot, provides customers a port-to-port cargo loading guaranteed at a […]
Business is good at the Otay Mesa port of entry, California’s largest commercial land port of entry, which tallied a record $50 billion in two-way trade with Mexico during the […]
Navy investigates why the U.S.S. Billings, an advanced Freedom-class vessel, struck the berthed Rosaire A. Desgagnés in Montreal.
Law effectively confines future west coast oil shipments to the Port of Vancouver. Alberta’s premier plans legal challenges, saying it hurts the province’s oil sands.
Texas Governor Greg Abbott, a Republican, announced June 21 that he would send another 1,000 National Guard troops to the U.S.-Mexico border to aid the federal government with border security […]
Container shipping faces weak summer demand as trade related uncertainties keep pressure on freight rates. The Freightos Baltic Global Container Index (SONAR: FBX.GLBL) ended June 21 at $1,307 per forty-foot […]
Caroline Mulroney will be the ministry’s third leader in less than a year as province’s government contends with widespread public dissatisfaction.
Smoking crystal meth directly led to a fatal crash that killed two truckers; meanwhile, dead kangaroos, speeding, and dodgy crane operators feature in two labor-law hearings in Australia
Beemac Logistics, a Beaver, Pennsylvania-based transportation and logistics provider, has opened a new office in Houston to better serve clients in the region, said chief commercial officer Michael Ceravolo. Beemac […]
Mexico became the first country to ratify the United States-Mexico-Canada Agreement (USMCA) when its Senate approved it by a vote of 114 in favor to 4 against on June 19. […]
Maersk (Nasdaq OMX: MAER) will find out how much customers are willing to spend on its ambitious environmental agenda with a carbon-neutral container service. The world’s biggest shipping line is […]
It appears that Chinese retail investors are moving capital out of the country in response to the devaluation of the yuan.
Shanghai Stock Exchange-listed China Merchants Energy Shipping (SSE:601872) is engaging in a new private share placement of up to 4.1 billion Chinese Yuan to fund a fleet renewal program.
Japanese company Inpex (TSE: 16050) has today announced that it has filed a revised plan of development for the US$18-$20 billion Abadi Liquefied Natural Gas Project. The revised plan is […]
President suggests he’s willing to impose levies on Canada and Mexico during appearance with Prime Minister Justin Trudeau.
In a future where autonomous vehicles offer mobility-as-a-service, it is critical to identify the parties involved in transactions – the users and the vehicles. Blockchain can help in this regard.
Autonomous trains might be fully running in remote Australia, but it will take awhile before those kinds of trains will be rolling down the North American countryside.
A colder than normal spring across northwestern Mexico meant the Mexican table grape export campaign suffered a delay of several weeks, spiking demand in June for reefer trucks out of […]
Truck-borne freight is the most popular target for thieves, according to a new global study by cargo insurer TT Club and supply chain consultant BSI. Trucks and truckers face a variety of threats including firearm-bearing kidnappers and fake ‘police.’
Canadian-based firm rolls out Amazon-like hubs to handle shipments for merchants using its e-commerce platform.
The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.
Fr8Hub recently announced that it will expand its services to provide domestic freight matching throughout Mexico, connecting shippers with available carriers throughout the country. The Fr8Hub carrier network currently features […]
Retail giant Carrefour is leveraging blockchain to track the provenance of the food products it stocks in its stores, thereby providing its consumers information that far exceeds the data provided on conventional product packaging.
The Canadian government re-approved the expansion of the Trans Mountain pipeline (TMX), which will boost the amount of oil that flows from Alberta to British Columbia. Prime Minister Justin Trudeau’s […]
The partnership of Bolloré Logistics, Group Robert and J2 could see a boon from assembly of the Airbus A220 in Quebec.
Market expert Brian Aoaeh writes about the new Digital Shipping Container Alliance and why standards are important to industry. He also writes about why getting standards written and adopted is particularly difficult.
Electric vehicle adoption is constricted by high vehicle sticker price, long charging cycles and limited range. Solving these issues is key.
It was a poorly-received IPO for CSSC Shipping. Institutional and retail take up was weak and its share price plummeted from the offer price.
Trans-border freight totaled $107.2 billion in March, with trucks moving 63 percent of all freight by value with United States trading partners Canada and Mexico, according to data released by […]
Market expert Cathy Roberson writes about the growth of pharmaceuticals and life sciences cargo at Hartsfield Jackson Atlanta International Airport and the airport’s agreement with Amerstdam Schipol Airport.
One of Asia’s largest shipbuilders will help develop “digital twins” for ocean vessels, part of an effort to provide better monitoring and performance analytics around ocean shipping. South Korea’s Daewoo […]
FreightWaves’ SONAR chart of the week (June 16, 2019 – June 22, 2019) Chart of the Week: Drewry World Container Index – Shanghai to Los Angeles and Shanghai to New […]
While Ottawa’s rules are designed to conform with American devices, they will need to undergo a rigorous certification process.
Notorious bridge claims victim; freight road upgrades; truck company director fined after trucker deaths; horror crashes in good driving conditions continue; drayage gets an over-mass exemption.
Arjun Infrastructure Partners and Fengate Asset Management buy chain of 23 facilities along Ontario’s 400-series highways.
Donald Broughton explains the harm that tariffs can do to the economies of the United States, the country(ies) that tariffs are imposed on and the global economy.
Iran has denied responsibility for the attacks carried out early yesterday morning on two tankers in the Gulf of Oman, the sea immediately adjacent to the Strait of Hormuz. A spokesman for the Iranian Foreign Ministry slammed the U.S. accusations as “baseless”. Maritime security experts say commercial ships are impossible to defend.
The scale and growth of China’s domestic over-the-road trucking and international ocean container shipping trade has been revealed in new data from the country’s Ministry of Transport.
Federal levy set to take effect January 1 in response to province scrapping its own pricing system.
Government finalizes long-awaited regulation, which includes third-party certification of electronic logging devices
Texas Gov. Greg Abbott signed a bill directing the Texas Department of Transportation to study the Ports-to-Plains Corridor, a plan that could extend Interstate 27 from Laredo all the way […]
The McAllen Economic Development Corporation (EDC) recently worked with officials in the Mexican city of Reynosa to build two new maquiladoras (also known as maquilas), in addition to a major […]
Supply chains are forced to contend with risks involving border skirmishes, trade wars and embargoes, with even climate change having a bearing on its fortunes.
The Port of Los Angeles saw May container volumes grow at their best year-to-date level since January, even as empty containers still account for most of the growth. To keep […]
A major developer of, and financial investor in, Asia Pacific logistics parks has launched a potential US$1.24 billion initial public offer on the Hong Kong stock exchange.
FreightWaves Market Expert Anthony Smith writes about the issues impacting the U.S. housing market. As important as these issues are, they have a ripple effect on other areas of the U.S. economy, including trucking.
Walmart has exported its on-time, in-full requirement on the international marketplace. The results are improving but there is a lot of work to do.
Laredo’s historic reign as the top United States trade port was short-lived, as the Port of Los Angeles rebounded from its lowest monthly total in three years, enabling it to […]
Canadian John Deere dealership network enters trucking business with C$13.5 million deal.
Werner Enterprises continues to invest in U.S.-Mexican trade, regardless of the ups and downs of President Donald Trump’s trade negotiations. In May, Werner opened a new 17,000-square foot refrigerated cross-dock […]
About C$12 million in federal and provincial funding will support fuel-saving devices and retrofitting.
The highways of Mexico continue to be risky for truckers as cargo thefts rose 6 percent for the first four months of 2019, according to the Mexico City-based National Chamber […]
Senior Vice President Michael Zahra replaces co-founder Tony Di Benedetto less than a week after company inks deal with Air Canada.
The Port of Los Angeles expects cargo volumes to dip in the coming fiscal year due to the fall-off from last year’s front loading of containers and the potential impact […]
Looking at how Canada’s forthcoming mandate might affect the 62,000 trucks that don’t cross the border.
A consortium comprising DP World of the United Arab Emirates, the Russian Direct Investment Fund (a sovereign wealth fund), Rosatom and Norilsk Nickel have agreed to look into developing the Russian Northern Sea Route.
President Donald Trump said he has called off plans to impose tariffs on Mexico, tweeting on Friday night that the Mexican government has “agreed” to stem the flow of Central […]
Experts say Aussie trucks should be widened a tiny amount… but officials ain’t listening. Also: truck driver funding; fatigue; drugged drivers.
Lawmakers quash recommendation to reject C-48, which would effectively ban large-scale crude transport along the northern coast.
Market expert Donald Broughton writes about the numerous consequences of a U.S. Mexico trade war and the damage that will be done on both sides of the border.
The country becomes the first to join international Drive to Zero initiative for trucks, cargo vans and buses.
The first Uber Freight European load has been moved in the Netherlands. The cargo was for Heineken.
In 2018, international shipping recorded the fewest number of casualties in 100 years, insurer Allianz reports. A disturbing truth about worrisome Wednesdays, and a curious incident involving cocaine-bearing sharks, were also revealed.
Purchase of fellow New Brunswick carrier adds a long-haul open-deck business that serves Canada and the United States
Market expert Henry Byers examines the U.S.-Chinese trade war and its impact on imports and the broader economy.
While most trade lanes grapple with overcapacity and weak rates, the trans-Atlantic westbound market is one bright spot for ocean carriers. One market expert credits a strong U.S. dollar and […]
Executives from Redwood Logistics, Forager Logistics, and Transplace discussed the risks posed by new tariffs on Mexican imports.
Australia’s border biosecurity system was stretched “close to breaking point” and had “severe impacts on sections of the shipping and exporting industries,” says the Inspector-General of Biosecurity.
Trade growth, demography and land use changes in the city of Melbourne, Australia, have made necessary a shift of freight from truck to rail, according to an analysis by Melissa Horne, Victorian Minister for Ports and Freight.
RIO aims to connect different stakeholders within the transport logistics segment and push the industry towards digitalization.
Freightos will offer real-time quotes and booking on Europe’s third-largest air carrier as part of the company’s growing online freight marketplace. IAG Group, the holding company for British Airways and […]
Agreement between Canada’s largest airline and Drone Delivery Canada creates a platform to roll out autonomous cargo aircraft on a large scale.
Market expert writes about how current trade issues between the U.S. and China, the U.S. and Mexico and the U.S. and the EU may disrupt supply chains and cause economic problems.
Canadian freight brokerage buys Ontario-based non-asset firm that specializes in the manufacturing sector.
Market expert Cathy Roberson writes about the decline in global air cargo traffic; the only bright spot is in Latin America. Read why!
Trade war tariffs are hurting the competitiveness U.S. businesses working in China, according to the American Chamber of Commerce in China (AmCham China). Tariff troubles increased over the weekend as the latest round of Chinese tariffs on $60 billion of U.S. goods began on Saturday, June 1.
Nearly C$50 million from the Canadian government will allow more cargo to move between terminals via rail, while rerouting rigs away from eastern city’s downtown.
Flexport hired a former White House trade and economic advisor in a bid to harness research from the digital first forwarder’s datasets and to help customers navigate the shifting sands […]
Airline Garuda Indonesia has been ordered by an Australian court to pay A$19 million (US$13.14 million) in penalties for air cargo price fixing as part of a massive international cartel. Australian penalties of A$132.5 million (US$91.64 million) have so far been levied against 14 airlines.
Diesel prices fall in the western Canadian province as a leader makes good on a campaign pledge. But the Trudeau government plans impose a federal surcharge soon.
Deadly crash treated as a potential murder/suicide; Mainfreight reports US$1.93 billion of revenues; druggy truckie gets 14 months; freight costs revealed.
Canadian transport firm says cross-border truckload and intermodal division had struggled with weak freight market in Northeast U.S.
Longshore workers and employers reach tentative agreement on a contract, putting a quick end to what would have been a costly disruption for Canada’s economy.
Move effectively brings Port of Vancouver, Canada’s single largest trade hub, to a standstill as longshore union and employers press on in federally mediated negotiations.
Taiwan-based box-shipping line, Yang Ming, has set up shop in Jakarta, Indonesia, with joint venture partners. The new subsidiary will be known as “PT Yang Ming Shipping Indonesia”.
Escalation in labor dispute threatens to put a stop to maritime trade across the province, including Vancouver.
On your first WTT?!? of the week, Chad and Dooner welcome everyone back from Memorial Day and hit the ground running with all the latest breaking news and deadlines. Emily celebrates her 30th birthday by hosting Big Deal/Little Deal. We also launch our new game show Market Expert Trivia with Reid and Kyle, plus Moody is on the Move, and another rousing round of Comment Section Rodeo, and the guys spend a little time discussing Sly Stallone’s filmography.
Beijing’s new dry bulk shipping regulations give the Chinese authorities powers to issue stop/suspend work, to redirect vessels and to prevent entry or exit from ports. There are a variety of monetary penalties for non-compliance.
A second seafarer was yesterday found dead following the collision of two cargo ships in the early hours of Sunday morning.
A crackdown on plastic waste illegally ocean-shipped to Malaysia took a dramatic turn last night. The country’s environment ministry announced that it would be sending 450 metric tons of contaminated plastic waste in 10 maritime shipping containers back to their countries of origin.
