Supply Chain tech investing is on fire. This is just the start.
Supply chain tech investment is at a record peak, with over $52B invested in 2020 alone, up 2500% since the start of the decade.
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Supply chain tech investment is at a record peak, with over $52B invested in 2020 alone, up 2500% since the start of the decade.
The regulation duplicates employer provisions already in place, according to the agency.
It’s not just container shipping that’s rolling in profits. LPG tanker rates are hitting new highs on Asian demand for U.S. propane.
The German automaker wants to put all its time and energy into R&D and building infrastructure that supports the production of EVs, such as plant improvements and equipment upgrades.
There is a strong pipeline of West Coast imports that should feed those markets well into Q1, but the retail portions will be less time-sensitive post-Christmas. The one factor that may be suppressing volumes in the holiday season is retailers’ decision to slow the velocity of their sales in the face of low inventory levels.
If visibility has moved from perk to table stakes, what exactly is “the next big thing” now? What innovative technology can companies adopt to help them stand out among their competitors?
Former Trimac workers claim the bulk carrier failed to provide respirators and implement safety measures at its tank washing facilities in Georgia.
Bob McGhee of AIT Worldwide Logistics detailed the meticulous process behind military shipping. He also expects tight air and ocean capacity will continue well into next year.
Flock Freight designed Instant Prebate to provide automatic cost savings on contracted TL freight. Savings vary by lane, commodity and time of shipment, but they can come in as high as 50% on some loads.
Whiz-bang systems and equipment will be glimpsed from afar this time around.
Snowstorm could have major impacts on ground and air transportation along the I-95 corridor.
In today’s edition of The Daily Dash, shipments designed to test the COVID supply chain identified some potential delivery issues. Plus, U.S. Treasury Secretary Steve Mnuchin said he would not have made a $700 loan to YRC Worldwide and trucking safety groups have concerns about possible exemptions for vaccine deliveries.
Few doubt that Tesla (TSLA) has deep pockets, but some wonder whether the electric vehicle company should bite the bullet and abandon one of its most highly anticipated but long […]
Who will get to the front of the COVID vaccination line? Virtually everyone agrees front-line doctors and nurses, and people in nursing homes, should be first, but after that industry sectors are fighting over who is more important. Freight transportation groups say they should be in the top tier.
A disaster film based on an actual weather event ranked highest in a FreightWaves survey.
Empty containers returning to Asia jumped 55% to 283,563 units.
Truckload carrier Titan Transfer adds another fleet to the portfolio with the acquisition of JTL Carriers.
CN joins other Class I railroads in courting automotive and container shippers in the Upper Midwest through this latest offering.
How warehouses and final-mile logistics are changing to suit the consumer Headlines Drivers who haul hemp may see new protections from wrongful arrest. Blockchain technology may provide law enforcement with […]
Early signs about the end of tight capacity begin to surface.
Toyota is using the next-generation fuel cell that powers its 2021 Mirai passenger car in production-intent Kenworth trucks for internal testing as it begins handing off the earlier-generation fuel cells for customer demonstrations.
Leading supply chain experts will share their insights on what happened to the supply chain in 2020 and look ahead to 2021 as part of FreightWaves’ North American Supply Chain Summit on Tuesday.
What do you do when you find yourself with $7 million? Maven Machines succeeded in raising that much money this year to invest in its cloud-based freight software, which includes […]
Treasury Secretary Steven Mnuchin had his day in court so to speak. He said he stands behind the YRC loan and others made, noting that many lawmakers wished Treasury had taken on more risk.
U.S. weekly carloads last week were only 1.4% lower than year-ago levels, while intermodal traffic is still experiencing double-digit percentage increases.
Operation COVID Logistics is underway, with the auxiliary materials to administer vaccines moving out to local distribution sites.
“Additional stress on an already-overloaded system tends to further destabilize the system.”
On today’s FreightWaves NOW, Zach Strickland discusses rejection rates in the Carrier Update presented by PowerFleet and then Michael Vincent talks about volatile holiday markets in the Shipper Update.
Train lengths, improving network velocity and coronavirus uncertainties are among the big themes expressed by Class I railroad executives at a recent investor conference.
Business-to-business exemption may play key role if trucking falls under employee classification law
The market for reliable, complete data and forecasts about agricultural commodities markets is a large and growing opportunity.
U.S. officials at Operation Warp Speed say they are ready to go with the COVID-19 vaccine distribution, but a high-ranking state health official says people should be prepared for hiccups based on recent trials
Drivers will hit areas of heavy snowfall and gusty winds in some popular destinations for carriers.
In today’s edition of The Daily Dash, it’s been one year since the collapse of Celadon, and FreightWaves talks to some former drivers. Plus, Estes has been hit with a COVID-related lawsuit and Covenant is bumping up driver pay.
USDA rule under review at OMB expected to help prevent unlawful arrests and cargo seizures
Black Friday-CyberWeek performance of mid- to high-70% range for FedEx and UPS was way off from 2019 levels, Convey data shows.
FMCSA has included restrictions and limitations in waivers so far to avoid compromising safety.
A new lawsuit against less-than-truckload carrier Estes Express is just one of what are now believed to be more than 1,200 lawsuits filed by workers against their employers over a COVID-related dispute or claim.
Gov. Gavin Newsom on Wednesday nominated Liane Randolph as the new chair of the powerful California Air Resources Board (CARB). Randolph, an attorney, has been a commissioner at the California […]
FedEx Canada and Innomar Strategies secure a Canadian government contract to distribute millions of COVID-19 vaccine doses.
The United States stands to prosper with more supply chain collaborations between Canada and Mexico, according to trade experts.
Luke Falasca and Kyle Taylor talk freight forecasting during a global pandemic.
Landstar System announced after the market close on Wednesday what it would do with cash on the balance sheet. The company plans to pay a one-time special dividend of $2 per share in January.
The all-time best month tops the mark set in just October.
The trans-Pacific surge will persist through Q1 and January could see all-time-high container volumes, predicts Flexport’s Nerijus Poskus.
U.K.-based Arrival picks Charlotte, North Carolina, as its North American headquarters. It’s a 30-minute drive from its planned microfactory in South Carolina and close to UPS, a major customer for its electric vans.
The heavy-lift cargo plane is not the first aircraft that comes to mind for coronavirus vaccine delivery, but with the right planning, Volga-Dnepr says it can move many huge amounts of doses at once.
How important are cold chain logistics to vaccine distribution? PowerFleet CEO joins the show to discuss.
Dooner and Hill hear from author Paul Ross about elevating your sales strategy, plus an announcement about the future of PTCD.
Local deliveries are now available in 2,400 U.S. markets, the unit says.
Major railways are classified as leaders among thousands of companies that disclosed climate information to the CDP this year.
Canadian flatbed trucking company BLB Transport shuts down after a bank pulls its credit, but an asset sale to another carrier is ensuring that most drivers get back on the road.
Reefer capacity is extremely tight across the country and especially out of port markets.
Average rate for team drivers up by 9 cents per mile, company says
“This is one of the most difficult seasons we’ve been facing trying to move our cargo out of the United States,” says a California almond producer.
On today’s FreightWaves NOW, Zach Strickland discusses reefer demand falling in the Carrier Update presented by PowerFleet.
Hub Group’s acquisition ambitions land in the final-mile sector in a $94.5 million deal for non-asset provider NonstopDelivery.
Beyond the EU, the U.K. will have to busy itself establishing bilateral air service agreements with other countries as well.
Logistics real estate operator Prologis highlights ways automated warehouse solutions can help offset part of the growing need for logistics space.
A cross-industry working group for freight rail cautions workers following three recent fatalities related to switching.
With the bulk of the driver workforce approaching retirement age in the next decade, it is more important than ever to figure out how to attract younger drivers.
“We’ve had to add on logistics support staff for appointments, to take pictures of the long lines.”
Forager and project44 aim to create a new standard of cross-border transparency for U.S.-Mexico freight.
Former Celadon truck drivers and employees are still bitter one year after the trucking conglomerate filed Chapter 11 and abruptly shuttered operations on Dec. 9, 2019.
“We’re able to reach virtually 100% of our customers in Florida overnight from Jacksonville, which was a real selling point for us,” says aftermarket auto parts retailer.
Heavy snowfall and gusty winds could hit a few busy freight markets.
Antonov Airlines is bringing back its mammoth An-225 freighter, the only one of its kind in the world, to help alleviate a shortage of aircraft following the grounding of eight An-124 jumbo jets for safety reasons.
In today’s edition of The Daily Dash, ArcBest is the latest LTL carrier to report a strong start to Q4. Plus, 2020 supply chain trends are likely to continue into 2021, and Trevor Milton has begun to sell shares in Nikola Corp.
Speed, safety and reliability are taken into account when choosing truck routes.
Trans-Pacific spot index rates haven’t budged from the same peak band for the past 10 weeks. How is this possible in a competitive free market?
Uber sells self-driving, how Boston gets its Christmas tree, ONE overboard, and more
SmartHop, an early-stage startup offering a dispatch solution for small carriers, on Tuesday announced its partnership with Redwood Logistics, a third-party logistics company. The companies will integrate Redwood’s API with […]
GreyOrange’s Ranger autonomous robots work with employees in an e-fulfillment center in the Netherlands.
Motiv Power is adding to its order book for medium-duty electrified chassis and generating revenue. Special purpose acquisition company (SPAC) interest is growing.
Meanwhile, a suit against Amazon suggests federal or state agencies, not the courts, may be where disputes are settled.
Shares hit record close as UBS markedly boosts EPS for fiscal 2021 second quarter and raises 12-month price target to $380 from $320.
Michael Vincent and Zach Strickland help you understand risk mitigation through market ebbs and flows Headlines Nikola founder Trevor Milton sold about 3 million of his company shares following the […]
Trailers being used as storage at Amazon facility adding to the problem, according to OIG.
Alpenglow Rail is seeking customers for its new Port Arthur railcar storage, switching and transloading logistics park.
Express carriers like DHL are getting slammed with e-commerce shipments as the holidays approach, and transportation contractors like Cargojet are throwing resources into the response.
Find out which companies are hitting the public market this week and why that matters Andrew Cox and Seth Holm are talking about lots of companies coming to the public […]
Joseph Brown on helping fellow trucker: “He was standing there wet. I offered to have him come and sit in my truck.”
Trade group representing drayage drivers calls the move “huge”
The state of customers’ freight remains unknown as inspection of the 14,052-TEU vessel begins.
CEO Jim Newsome calls Walmart’s $220 million investment a signal that SCPA is “prepared to be a force in retail distribution.”
Uber (NYSE: UBER) is handing over its troubled self-driving vehicle unit to Amazon-backed Aurora as the tech giant continues to unload unprofitable business divisions and the industry moves away from […]
New Transflo President Michael Southworth believes the transportation industry is ripe for further technological innovation, especially around automation and collaborative platforms
DHL will be the first to deliver COVID-19 vaccines in Germany. Integrated logistics companies like DHL, FedEx and UPS have an advantage with their closed networks and sophisticated delivery methods for keeping vaccines at the correct temperature.
Volvo said Monday it has discontinued the sale of Class 8 trucks in Mexico, citing disruption caused by the COVID-19 pandemic.
ArcBest sees asset-based revenue continue positive streak in November. This is the fourth LTL carrier to report improving trends in the quarter.
2020’s supply chain changes because of COVID will likely stick around in 2021, and could become permanent fixtures of the modern supply chain, XPO’s Drew Wilkerson said.
On today’s FreightWaves NOW, Zach Strickland discusses freight volumes continuing to be high in the Carrier Update presented by PowerFleet, and Micheal Vincent talks about what areas have volatility in […]
2020 had promised to be an interesting year for the shipping industry. However, it has posed unprecedented challenges. This white paper from S&P Global Platts looks at those challenges and provides solutions.
Electric vehicle startup Xos Trucks has inked a deal with Dickinson Fleet Services involving the purchase of five medium-duty, zero-emission, fully electric service trucks. Under the order, the electric truck […]
General Motors is not playing games when it comes to EV expansions. GM’s next move? Offering buyouts for Cadillac dealers who don’t want to invest in the necessary EV upgrades.
Important railroad customers are not satisfied with a business-as-usual case.
Airbus is partnering with ElringKlinger to create a zero-emission, hydrogen-powered commercial aircraft by 2035. Airbus released three ZEROe aircraft concepts.
For second consecutive day, truckers will face rollover risk in Southern California.
E-documentation initiative establishes data and process standards for bill of lading preparation and issuance.
In today’s edition of The Daily Dash, truckers hauling produce are collecting rates never-before-seen in December. Plus, construction continues on Nikola’s electric truck assembly plant and warehouse space remains red-hot.