Asia airfreight rates are high and climbing higher
Companies that need to move goods by air will need to increase their transportation budgets to get through the fourth quarter as low capacity ignites airfreight prices.
Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
Companies that need to move goods by air will need to increase their transportation budgets to get through the fourth quarter as low capacity ignites airfreight prices.
As trucking capacity tightens and spot rates rise, driver turnover increases. Are some of them leaving the industry for good?
Trucking industry bands together to grant 50-year trucking veteran Jim Garhart’s final wish to take one last ride in a tractor-trailer.
Truckers getting back on the roads right after the Labor Day weekend may hit a strong winter storm in the Rockies.
In today’s edition of The Daily Dash, FMCSA will study the use of interstate commercial truck drivers under the age of 21. Plus, a bankrupt oil company has left carriers facing an uncertain future, and trucking sector employment is starting to rise.
This week in spot rates
The trucking market continues to firm.
ATA has “serious concerns” with HHS proposal, saying it adds burden for carriers already using hair testing.
Lynx `Drivecam’ being tested in Texas and Oklahoma.
Ex-payroll clerk Sheila Verbrugge, who worked for Blachowske Truck Line, has been indicted by a federal grand jury on 16 counts of wire fraud.
Looking forward, I believe the future is very bright for trucking while all the fundamentals are still in place for a tight capacity crunch. So, what are you doing to prepare yourselves for that?
The Board is modifying what data it collects from the waybill samples of the U.S. freight railroads.
WHAT THE TRUCK?!? highlights women moving America with Professor Lisa Ellram and truckers Ingrid Brown and Big Rig Barbie
Company takes swipe at `opaque’ levies imposed by FedEx, UPS.
A.P. Moller-Maersk’s recent announcement that Damco will no longer exist as a separate brand is expected to drive some shippers into the arms of others.
CMA CGM bonds that traded at 55 cents on the dollar in March are now trading near par.
China’s e-commerce giant leads the pack in pursuing potential gold mine.
This Carrier Rate Report —presented in partnership with SkyBitz — is the third installment of a quarterly publication. This report will review the first half of 2020 and provide a forecast for the remainder of the year. Carrier survey results and SONAR data included.
The ongoing US-China trade spat and subsequent US tariffs on $500 billion of Chinese goods has catapulted Mexico back to No. 1.
Whether you’re an employer looking to fill freight-related positions or a job-seeker, Freight.Careers.com is the go-to website.
“Because of the efficiencies we’ve gained with the system, we’ve reduced our administrative labor costs by 33%,” Whisenant said.
Trucking jobs are up, but warehouse jobs are up even more
Bainbridge Uinta, an oil and gas exploration and production company headquartered in Dallas, filed for Chapter 11 bankruptcy in Fort Worth, Texas, on Tuesday.
Program would test allowing drivers 18-20 to haul freight across state lines.
A professor from UH-Downtown, who also was a driver, is studying the issue
Rail jobs reverse course slightly and turn upward
Accepted freight tenders are running up 18% year-over-year. Carriers are rejecting 1 in 4 contracted tenders and driving rates up. National spot rates above $2.75/mi. and trending higher.
FourKites has maintained its growth and continued innovation through COVID-19. Now it is preparing to host its first virtual customer conference.
Seven months after Volkswagen’s truck holding company, TRATON SE, made an unsolicited $2.9 billion offer for Navistar, talks may be heating up, according to Bloomberg.
Crude-tanker rates on the benchmark Middle East-Asia run are now deep in the red.
Some people call it the Flying Forehead. The A380 is a double-deck plane that airlines quickly parked when the coronavirus destroyed travel demand. Now, Emirates is starting to fly a few of the mammoth planes.
By several standards, passenger vehicles were found to be violating rules more often than commercial vehicles.
While the COVID-19 pandemic has brought a seemingly endless supply of bad news, there may be one unexpected silver lining.
eBay sellers to have access to broader range of UPS services through integration initiative.
A look in to where capacity is tightening around freight markets
National Multimodal Freight Network expected to be released later this year.
The port is a top choice for Fortune 100 companies that have been integral to the country’s pandemic response.
The year-over-year growth comes amid reports of congestion at some West Coast ports.
Sarcos Robotics has raised $40 million to commercialize a wearable robot aimed at boosting worker safety and productivity.
No part of United Airlines was spared from job cuts announced Wednesday, but the cargo division’s roughly 50 job losses are far fewer than those in other parts of the company.
Truckers continue to supply ravaged Gulf Coast communities despite paid opportunity elsewhere. What should drivers expect upon reaching hurricane-affected areas?
MD Logistics, a specialist in handling temperature-controlled pharmaceuticals, will operate as a subsidiary of the Japanese logistics services provider.
Amazon denies allegations of trademark infringement.
Railroads and union disagree over Federal Railroad Administration final rule enabling use of continuous rail inspection technology.
Chris Thomas, a veteran venture capitalist from the mobility sector, teams with Detroit and European-experienced experts to invest in startups in physical and digital movement of freight, people, data and energy.
In this installment of the AI in Supply Chain series (#AIinSupplyChain), we explore the topic of industrial supply chains and factories of the future.
ShipChain’s public mainnet integrates the trust of public blockchains with the scalability and throughput needed by enterprise supply chains, according to CEO John Monarch.
MoLo reveals how its “service-always” operating philosophy is affecting financial performance.
The “less bad” trend may be over for less-than-truckload carriers. August updates from a couple of carriers show modest year-over-year improvement for the first time since April’s nadir.
“This weekend could be ugly.” Triple-digit heat could stress power grids, spark new wildfires out West this Labor Day weekend.
In today’s edition of The Daily Dash, the USPS is experiencing parcel delivery delays, transportation professionals are deciding which political parties to support, and Nikola Motor pushes for more buzz.
McKinsey warns that global shocks will become more frequent and shippers must improve the resiliency of their supply chains.
While startups announce deployment tests of highly autonomous trucks, Daimler Trucks and Torc Robotics are unapologetic about their deliberative approach..
Insurance Institute for Highway Safety study shows a greater than 40% decrease in rear-end collisions for trucks with forward crash warning and automatic emergency braking.
Record freight rates led to another solid month of Class 8 truck orders despite a pandemic, a presidential campaign and social unrest.
The Wall Street Journal is reporting that U.S. Class I railroad Kansas City Southern is in play again. Blackstone and Global Infrastructure Partners are reported to have made an offer.
Authorities in Texas are investigating two cases of what they said were planned sex-trafficking operations, both of which involved semi-trucks.
The viability of the airline industry is at stake because COVID has mostly wiped out passenger travel. The group’s global trade association is pleading with governments to help airlines with rule changes and financial aid.
3PL’s MyParcel provides European e-commerce customers a scheduled, yet competitively priced shipping service between existing express and postal.
Attorney for Southeastern Motor Freight said lawsuit “tip of the iceberg”
The U.S. Department of Transportation has launched an online portal allowing the public to track on-road testing of autonomous vehicles.
President Trump’s new measures are aimed at addressing steel import issues affecting American producers during the COVID-19 pandemic
Peterbilt is offering a discount on the first year of a six-year lease for its Model 220EV medium-duty electric truck, hoping to entice non-commercially licensed drivers to try battery power instead of diesel.
Mullen Group shores up its cross-border less-than-truckload business as it acquires the outstanding shares of British Columbia carrier Pacific Coast Express Limited.
A survey by an IT company found delays and late deliveries worsened as the summer progressed.
Blume Global is recognizing partners and customers that epitomize the best in innovation and customer-focused among trucking companies in the supply chain with its new Blume Global Ambassador Program.
Nikola Executive Chairman Trevor Milton says buzz-building is part of the startup electric truck company’s growth strategy as its closes in on producing Class 8 trucks.
TIRPORT’s marketplace allows companies to manage, report and track loads during their truck hauls.
Intermodal was supposed to be the growth engine for rail.
July supply chain survey confirms torrid pace of logistics recovery as transportation capacity remains in short supply and rates bound higher.
Tennessee to do so later this month; the story of the green bands
Periods of torrential rainfall and flash flooding will continue to slow down truckers for another day in parts of the nation’s heartland.
In today’s edition of The Daily Dash, shippers learn they can expect to pay much more this holiday. Plus, hair testing for drugs is closer to reality, and a new partnership aims to put 1,000 autonomous vehicles on the road.
A look at the latest campaign spending reports shows that those in the transportation industries are heavily supporting Democratic candidates, but Trump holds a big edge among companies and PACs.
Many postal services were underfunded prior to the coronavirus pandemic and now have extra demands for their service. UN agencies involved in air transport and postal operations want governments to help postal logistics with financial aid and operational flexibility.
Regional parcel carrier begins service in Durham, Research Triangle.
Shacman’s new plant will be the 12th truck/truck engine manufacturing facility in Mexico, joining Freightliner, Kenworth, Navistar, Hino, International, DINA, Mercedes Benz, Isuzu, Scania, and VW/MAN.
U.S. passenger travel seems capped at about 70% of last year’s level until there is a coronavirus vaccine. International travel is a dumpster fire — carriers heavily exposed to international markets will take longer to fix their balance sheets.
Layoffs loom. Maersk maintains changes are not about cutting costs amid COVID, but about improving service.
Truckers must start carrying chains as they drive through Colorado to avoid hefty fines.
Major trucking companies have warned of capacity shakeout.
Numbers from early days of pandemic showed driver turnover was less than in other years
The flagship Japanese airline joins other transportation and technology providers to develop urban freight delivery capabilities with drones.
FreightWaves announces launch of Firecrown Media, which offers custom virtual events production, as well as custom-produced video and virtual media networks.
Driverless trucking startup Ike is lining up Ryder System, DHL and NFI Industries to test trucks equipped with its hardware and software.
Keeping vehicles well maintained can be a complex process, but data transparency is now providing opportunities to increase their lifetime value through improved maintenance.
Transplace’s third acquisition of 2020 will help manufacturing companies manage inventory and orchestrate supplier networks.
The famous meter has probably seen better days.
Torrential rainfall will continue to slow down truckers from time to time this week in parts of the nation’s heartland.
In today’s edition of The Daily Dash, at least one analyst believes the truckload sector is ready to run. Plus, Amazon drones are set to fly and why Dallas is now the center of the autonomous world.
Walmart+ to offer free same-day deliveries on 160,000 items at $98 annual subscription.
FedEx and UPS prepare to slam their largest customers with big-time peak-season surcharges.
The air cargo market continued its recovery in July from the depths of the COVID pandemic, but is still far below last year’s results. Demand is expected to shoot up in the next few months because the holidays are coming.
California passed a new rule curbing nitrogen oxide emissions from trucks, potentially setting up another conflict with the Trump Administration over the state’s authority to enact air quality regulations.
Cold chain facility operator Americold Realty Trust adds three facilities to the network in a pair of transactions.
Direct ChassisLink has added 1,000 new chassis to the Gulf Coast region since its departure from the OCEMA Gulf Consolidated Chassis Pool earlier this year.
Typhoon Maysak could disrupt supply chains for at least a few days in the major global freight market of Busan, South Korea.
You’ll have to hold your nose if you crush a stink bug. More than a nuisance, the stink bug is a destructive pest that can damage many crops. Australia has put tight measures on air and sea freight to keep the bug out of the country.
On this back to trucking school episode Dooner and The Dude are talking education, economics, life on the road, and saving on fuel.
Amazon received FAA approval to fly commercial delivery drones as part of its Amazon Prime Air program.