Hapag-Lloyd profit swells despite shrinking volumes
The coronavirus pandemic remains a “major source of uncertainty for the entire logistics industry.”
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The coronavirus pandemic remains a “major source of uncertainty for the entire logistics industry.”
Deal is the first third-party agreement for the load matching capabilities of the product for the bulk commodity trucking sector
The International Air Transport Association is preparing to eliminate about 400 jobs as airlines pinch pennies because of the coronavirus pandemic.
Tracxn names FreightWaves as one of “Emerging Startups of Data as a Service.”
The closures of the U.S. land borders with Mexico and Canada for non-essential travel will extend through Sept. 21 to limit the spread of COVID-19.
There was a marked difference in how Canada and the U.S. reacted to the opportunity of transforming passenger aircraft into twin-deck freighters by removing the seats. One country moved very fast. The other was slow to the party.
Phased reopenings are contributing to an uptick in business for foodservice providers. This comes alongside plant-based dairy and protein manufacturers’ push to grow internationally.
The Class I’s have reached 100% compliance with three of the five categories required to reach full implementation.
Fallout could include difficulty seating trucks.
Severe winds, large hail and flash flooding could slow down truckers from the Dakotas to the Great Lakes.
In today’s edition of The Daily Dash, concerns are raised about Mexican truck operations, drone delivery technology advances and Anheuser-Busch is making a switch to natural gas.
The carriers did not lose ground this week, but rather further solidified their dominant pricing position. Volumes remain well above 2018 and 2019, running in the +20% to 25% range. The elevated volumes are giving carriers options in the market and they are exercising those options at a high clip.
Amazon.com delivered two-thirds of its parcels last month, an all-time high.
Asia crude drawdown slashes both the “tons” and the “miles” in the ton-mile equation.
Tech startup Axle Payments helps freight brokers manage their cash flow.
The Port of Charleston reports its busiest July for vehicles handled.
Shipments and size of invoices dropped but broker margins rose despite that
Amazon.com will build a 1 million-square-foot fulfillment center 20 miles east of Dallas.
Amazon is cutting ties with more last-mile delivery companies, resulting in the layoffs of more than 1,700 drivers
On today’s Midday Market Update, Kevin Hill and Andrew Cox talk about the SONAR-powered data, issues and news that move you.
Emirates says it will deploy dozens of all-cargo planes to Lebanon with humanitarian aid in response to the port explosion in Beirut.
Anyone can be the target of an employment-related lawsuit; don’t think that because your motor carrier is small or lacks a formal office that the need for insurance diminishes.
FreightWaves’ Mark Solomon, who has been covering the service for years, gives his take on the latest crisis.
Dry, windy weather could spread the wildfires quickly or start new ones.
ATRAN Airlines says increased online shopping has increased express air cargo traffic between Moscow and China’s northern cities.
A new report commissioned by Prologis reveals the company’s logistics warehouse footprint encompasses $2.2 trillion of goods annually. Logistics real estate demand continues to see green shoots.
Kenworth is retiring its off-highway severe-service K500 cabover model after 14 years and just 283 units – all of them exports.
U.S. Customs and Border Protection officers seize $8 million of marijuana from a commercial shipment at the Canadian border in the latest major drug bust at the Peace Bridge crossing in Buffalo.
Intermodal volumes actually grew year-over-year.
Cargo Chief has added new functionality for brokers using its C4 platform, allowing them to identify potential load opportunities.
Many shippers have encountered fulfillment issues and transportation breakdowns as consumer demand for their products surged.
The U.S. Postal Service doesn’t move the mail by itself. It relies on many transportation and logistics contractors. Cargo Forceis expanding operations to assist with express mail that is transported from airport-to-airport by another contractor – FedEx.
OOIDA and Teamsters officials are concerned about violations of cabotage regulations that restrict Mexican trucking companies from making point-to-point deliveries within the United States.
Record high triple-digit temperatures could scorch key trucking markets in four states.
In today’s edition of The Daily Dash, a group has studied mileage-based user fees and found some unexpected results, plus more HOS exemptions and a better way to price insurance.
Workhorse Group is perfecting technology for its HorseFly truck-mounted drone that could distinguish it from last-mile delivery competitors.
U.S. Customs and Border Protection seized almost 600 packages of methamphetamine and 14,880 pounds of marijuana at the Otay Mesa border crossing.
The country’s largest brewer is transitioning more than 180 trucks in its Houston and St. Louis fleets to renewable natural gas to help reduce its carbon footprint.
Truckers are receiving fake text messages, purportedly from the Canadian government, instructing them to self-isolate after entering the country.
“We’re not doing any victory celebrations because the trade outlook remains unclear as long as the pandemic is with us.”
Asia-U.S. ocean freight rates are hitting record highs as import demand outpaces vessel supply.
The railway hopes to build its intermodal presence in the East and bolster the network serving Toronto, Montreal and the U.S. Midwest.
Operating profit “turnaround” of more than $300 million reported.
GE Capital Aviation Services now has 74 orders for Boeing to convert versatile, narrow-body passenger planes for express and e-commerce services.
Love’s is paying for its factoring customers to use the AscendTMS for one year in a new benefit.
3PLs struggle to gain foothold in final mile, keeping them e-commerce outsiders.
Uber and Lyft lose court case
Some volumes have been diverted to the Port of Halifax and other East Coast ports.
Supply chain companies of all kinds have been targets for VC money in 2020. Learn why in this article.
High Definition Vehicle Insurance (HDVI) brings software solutions to an industry that has been slow to join the telematics revolution.
Magma has a nose for cargo. It will operate a new 747 that can open its front end to load big shipments.
Although the order volume for new railcars could be “lumpy” industry-wide, the railcar manufacturer hopes to take advantage of increased inquiries.
Shippers are facing delays at Sydney Airport in Australia because cargo terminals are buried in cargo.
Emergency exemption for all of U.S. extended through September 14.
Rentals allow companies to expand their fleet in order to capitalize on short-term opportunities.
J.B. Hunt Transport got first dibs on a Freightliner heavy-duty eCascadia in an expanded customer outreach that Daimler Trucks North America hopes will amp fleet interest in when it begins taking orders in late 2021.
State-of-the-art rubber-tired gantry cranes will have 169 feet of lift height.
Imports of auto parts, passenger cars and commercial trucks into Texas ports declined 23% through the first six months of the year.
Tenth tropical storm of the 2020 Atlantic season could brush by Caribbean islands later this week.
In today’s edition of The Daily Dash, Amazon is looking at how it might utilize mall space and Convoy unveils some big deals for carriers. Plus, a major deal between Covenant and Triumph hits a wall.
As more companies shift long-term to remote work, the security and accessibility to data among employees creates a logistical issue if current systems are not up to the task.
Titanium Transportation Group increased profits and continued to aggressively pay down debt even though revenues fell by almost 10% as the Canadian firm navigated the impacts of COVID-19.
TFI International announces share offering that could raise more than $200 million and give the Canadian firm additional firepower for more acquisitions.
“The upsurge of methamphetamine trafficking has become a serious international health and security threat,” said Laredo Port Director Andrew Douglas.
Fastfrate plans to build up U.S. to Canada cross-border business after acquiring small cross-border carrier Bestway, CEO says.
Fleet size down by 10%; cutback in other costs highlighted company’s performance.
Trucking fleets should educate themselves about the array of alternatives as the industry continues its inevitable transition away from diesel.
When times get tough, crude-tanker owner DHT starts buying. Times are getting tough.
“Key differences” also found between ELDs and calculating mileage-based user fees.
Amazon.com will invest $400 million to build a massive distribution center on the site of the old Michigan state fair.
Longshore workers walk for the fourth time since the beginning of July.
Amazon Air is expanding in Hawaii to keep up with Amazon’s fulfillment center push.
Final mile, eBOLs, and today in freight news.
Lineage Logistics has added 24 locations to its network of cold storage facilities through a series of acquisitions. The announcement follows a few large deals Lineage announced recently.
Navistar’s new CEO, Persio Lisboa, is streamlining his senior executive team to begin the truck maker’s post-Troy Clarke era.
Don’t confuse Florianopolis with Indianapolis. It’s in Brazil and LATAM is flying freighters there from Miami.
Cargo has always been a top priority at Cathay Pacific, a combination carrier with a fleet of passenger and cargo planes. But the airline is adding some leadership muscle to gain more logistics customers.
Bulgaria-based Transmetrics is helping its supply chain customers by using augmented intelligence. Learn more!
Haultail democratizes visibility across last-mile networks, providing customers end-to-end transparency irrespective of the load in transit.
The unions filed a lawsuit against the Class I railroads, saying the railroads refuse to discuss changes to certain healthcare benefit provisions during the collective bargaining process.
Around 55% of people in Mexico said they shop online to avoid leaving home during the pandemic, according to a new report.
Load factoring rates as low as 0% and fuel card savings of 63 cents per gallon are among the new benefits Convoy is offering trucking companies and owner-operators.
Commercial fishing is big business in Alaska. And like all industries, it depends on supply chains to work properly…
In today’s edition of The Daily Dash, trucking ponders its next move following President Trump’s payroll tax deferment order; Nikola receives a huge order; and a truck driver is sentenced for a crash that killed five.
Temperatures of 110 to nearly 120 degrees likely for several days.
Historically trucking fleets have invested in alternative fuel vehicles as a way to reduce the total cost of ownership, but environmental factors are now driving investment in zero- or near-zero-emission trucking technologies.
Fatigue may not play as much of a role in risky driving behaviors, but how long a commercial driver has been driving does, according to new research.
Mesa Airlines flies small regional jets on small routes for mainline carriers. Now it’s stepping up a size to the Boeing 737 so it can haul cargo for DHL. Find out how they are getting ready for the new era of cargo.
Total charges were more than $30 million as part of strategic shift
Sale of TFS hits a dispute over status of more than half the assets in the deal
Workhorse Group lost a lot of money on paper because new borrowing was tied to its exploding stock price. But it has the cash on hand to build electric trucks into 2022.
Amazon, Simon Property Group would make e-tailer anchor tenant at many malls
Qantas Freight got permission to bring back employees in Melbourne after they were sent home a week ago to contain the spread of the coronavirus.
Human error-related insurance claims represented over $1.6 billion in losses, according to insurance report.
Ongoing labor dispute has “paralyzed” port operations.
The state of AI in trucking, Mount Rushmore of freight, cargo theft, and more on today’s episode. of WHAT THE TRUCK?!?
Diesel engine leader locks up engine supply agreement with Navistar through 2026.
Driver pleaded no contest to five counts of vehicular homicide, gets five consecutive one-year terms
President Trump signed an executive order deferring payroll taxes, but the money may have to be repaid at a later date, leaving companies wondering whether they should continue to withhold the tax or not.
Cathay Pacific has been flying passenger planes on cargo missions for months, but only in the last couple of weeks did it revert to pulling seats to create more cargo capacity. The new cargo capability comes with additional safety requirements and operational challenges.