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Airlines are getting hammered by falling demand and now will lose much of the trans-Atlantic market entirely for a month as the U.S. bans travel from Europe.
Levy is kept modest as report warns high rate would lead to diversions.
“As an industry representing brands and retailers, we do not tolerate forced labor in our supply chains,” said five large U.S. apparel and footwear associations.
Freight tech company focused on logistics in the beverage, auto parts, construction, furniture and electronic sectors.
Workhorse said its electric delivery van will enter production in the next few weeks, with various configurations and sizes to be offered eventually.
Ports authority braces for expected hit from coronavirus but still expects to finish the fiscal year above plan.
FreightWaves’ Freight Forecasting Platform proves its model fits any logistics setup.
Directive follows unsuccessful legislative efforts to pass cap-and-trade bill
Aramco increases maximum sustainable production capacity; air freight rates soar as manufacturing resumes in China; Americans order food via contactless delivery methods.
Trucking Freight Futures stabilized to end slightly mixed on Tuesday as global equities and oil markets rebound.
Lingering effects from tariff battles with China also contributed to decline in February.
Cross-border trucking and logistics firm isn’t cheering for the pandemic. But for the moment, freight volumes are increasing in Canada and the U.S. even as fears over fallout loom on both sides of the border.
Winter storms rest of the week could slow down recent freight flow upswing into the Missoula, Montana market.
Tanker rates are back in the stratosphere as the Saudis move ahead with production push.
Preparedness is essential when it comes to the coronavirus or other supply chain disruptions, experts say
Supply chains are a major source of carbon emissions. Switching to alternative fuel powertrains and improving equipment utilization levels can help reduce footprint.
In partnership with Arrive Logistics… shippers should communicate with their partners and stay focused on long-term strategy.
DCSA publishes recommendations ahead of International Maritime Organization compliance deadline.
Trump administration reminds U.S. exporters of semiconductors and other technologies that it views the Chinese telecom equipment manufacturer as a continued security threat.
Kellogg’s took first place in the inaugural Shipper of Choice Awards last year. Nestle won second, followed by Walmart, Conagra and The Home Depot.
The companies that control the bulk of ocean cargo opearte under different rules than most companies. Read Darren Prokop’s explanation of why that is…
“The reality is that neither major political party has been particularly good for small-business truckers for a long time.”
Canadian trucking and logistics company reports record fourth-quarter revenue and slim profit as its upstart brokerage office in Charlotte helps offset trucking weakness.
Congress urged to double Coast Guard budget over next decade.
Shippers combat coronavirus with new procedures, questions for drivers; carriers advise proper hygiene, while Amazon requires sanitization of workstations, vehicles
Airforwarders Association Executive Director Brandon Fried said minimizing threat of illegal drugs requires freight forwarders to “know your customer.”
Ship scrubbers no longer equate to big savings on fuel costs. Is this only temporary?
Industry group estimates farmers will face rail blockade-related costs of over C$300 million.
Lightweight electric van maker expects to build 300-400 units this year as transition to production inches forward while costs remain high amid Q4 revenue of just $3,000.
Global law firm HFW and Southeastern Freight Lines announce promotions.
Deliveries of contracted freight with actual trucks will be the focus of the three-year partnership.
CDL verification back on track after connection problems resolved.
Like Port Authority of New York and New Jersey Executive Director Rick Cotton, Evangelos Marinakis may have come into contact with scores of people.
Trucking Freight Futures continued to decline on Monday as the collapse in the global equities and oil markets weighed heavily on rates.
Freightliner Custom Chassis Corp., Utilimaster, Supreme and Waltco all showed new chassis, vehicles or truck bodies and components designed for the growing last-mile delivery segment at the 2020 Work Truck Show
Daseke expects weakness in the industrial markets and oil and gas sectors to persist. Management said the environment was sequentially weaker in the first quarter.
Flash flooding possible in southern California, home to nation’s second-biggest freight market. Rain-related delays possible in Atlanta, nation’s biggest market.
WorkStep marketplace matches workers and employers as industrial labor market challenges persist
The railroad installed its first-ever train inspection portal southeast of its largest hump yard in Georgia last December.
Chevron is using a touring truck to tell the story of how its Delo 600 ADF oil can help extend DPF cleaning intervals. Plus, China ports slowly return to normal, Trump considers tax cuts, and the Diesel Brothers break the law
Forbes magazine/Statista have named FreightWaves as 1 of 500 “America’s Best Startup Employers 2020.” Read about the criteria for the award and learn more about FreightWaves.
The 2nd Annual Supply Chain Data Analytics Competition is held for students to make sense of the cost points within supply chains and find ways to reduce shipper-associated expenses.
RPA technology could provide every broker an assistant to perform lower-level tasks so they can focus on high-level strategy.
Home Depot currently has 125 stores, two distribution centers and 16,000 employees across Mexico.
The outbreak could lead to a broad rethink of how global companies source, store and distribute goods
Chief Financial Officer Alan Graf to retire at year-end. Corporate Vice President and Treasurer Mike Lenz to assume the role in September.
Two rounds of winds at 60 mph or greater could rock Europe’s largest container ports this week.
Although the number of new coronavirus cases in China is dropping, shipping lines are still canceling sailings in response to expected low demand.
“China has continued to embrace a state-led, mercantilist approach to the economy and trade, despite WTO members’ expectations,” the Office of the U.S. Trade Representative said in its annual report to Congress.
USD Partners and Gibson Energy will begin construction of a unit in April that will produce a nonhazardous heavy crude product.
Grant awards to be used to build new spaces or convert weigh stations.
101 Transport Inc. of Hudson, Wisconsin, links rapidly accelerating insurance costs to 2019 wreck in Utah.
Gov. Andrew Cuomo announces Rick Cotton is under quarantine and some port authority staffers will be tested.
CNBC’s Lori Ann LaRocco writes about the ramping up of manufacturing in China, and the subsequent ramping up of cargo headed to the U.S. via ships.
The Trucking Freight Futures markets were dragged lower for the week as the outbound LAX lanes plunged on Friday.
Three months after its formation, Anthym Logistics sells to BlueGrace.
XPO announces deal to buy the majority of Kuehne + Nagel’s U.K. contract logistics segment. The deal comes shortly after XPO announced plans to divest units.
Here’s why tanker stocks are rising as the rest of the U.S. stock market is crashing.
High-impact snowstorms not likely this week in high-volume freight markets. Mostly rainy weather, so overall impacts should be manageable.
Titanium Transportation opens second U.S. brokerage office, plus oil collapse pressures economy, traffic congestion costs Americans, and how many trucks can you stack on top of each other?
Saudi Arabia’s actions have sent markets plunging on top of earlier declines.
Construction outlook: Construction outlook:The Federal Reserve announced an emergency 50-basis-point (bps) rate cut last Tuesday, lowering its target Fed Funds range to 1-1.25% from 1.5-1.75%. The Fed cut is a […]
The fake Oral-B toothbrush heads, which arrived at Philadelphia airport from Turkey, were likely made in “unsanitary facilities with substandard materials,” U.S. Customs and Border Protection said.
Ransomware could cripple our nation’s transportation infrastructure if firms don’t protect their data and demand more stringent security compliance.
Despite all the hype and promise of autonomous trucks, the professional driver is not going anywhere.
Western Star celebrated a production milestone the same week as parent Daimler Trucks elevated the off-highway truck segment for which the 53-year-old brand is best known.
Company responds to Senate hearing alleging spying and market distortion by China.
Each week, FreightWaves will release a short video highlighting the top moving markets around the country using our proprietary datasets. Included in this weekly update will be a combination of […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican trucking officials discuss cross-border goals; CBP finds $590,000 of meth in shipment of stone items; Mexican automotive industry’s 2019 foreign investment: $3.9 billion; Helion targets car and heavy-duty truck dealers around Dallas.
A forum on dual-trailer trucks, to discuss the economic benefits and road safety, was held in Mexico’s Senate Wednesday through Friday.
The current talk on the Coronavirus has basically created a huge pause in the market. The fear of the unknown of this virus is only adding to the further unknowns the industry is tackling. The capacity of trucks seems to be dwindling with financial failures; carriers just quitting business; the low number of new units purchased in 2019 and on order now; plus the plummeting used truck values.
I have enjoyed my tenure as TCA Profitability Program (TPP) Retention Coach for many reasons but mostly as it has given me the opportunity to visit several trucking companies on both sides of the border. I genuinely love taking a brief look “under the hood” of these great companies and relish the opportunities in helping to reduce the driver turnover numbers. Helping to make a company successful gives me great deal of pride when drivers don’t have to go home and tell their families they no longer have a job.
Chart of the Week: Outbound Tender Volume Index – USA SONAR: OTVI.USA People have been clearing store shelves in parts of the country as if they were preparing for a […]
The Brotherhood of Locomotive Engineers and Trainmen wants freight and passenger railroads to temporarily alter their sick leave policies and provide stronger sanitizing materials.
Steel giant working to restore normal operations “as quickly as possible” as trucking companies report disruptions in freight from Canadian facility.
Former Texas DPS employee pleads guilty to role in issuing more than 200 fake CDLs over two-year period.
Volumes show signs of life.
“It was the best of times; it was the worst of times,” – Charles Dickens, A Tale of Two Cities
Had Charles Dickens been a trucker in 2019, it would have been highly likely that he would have truncated this famous sentence to “It was the worst of times.” The freight recession that started in early 2019 has unfortunately continued, and for many has gotten worse. Profits have been almost non-existent for carriers of all sizes, and for a large portion of the carrier population, the entire year of business ended with absolutely nothing to show for it, not to mention cash injections from owners.
With 60,000-plus members, Timber Unity seeks to quash greenhouse gas emissions regulations.
“Strawberries are a crop that doesn’t like heat.” Temperatures cracking 90 degrees have pretty much ended Florida’s strawberry growing season.
State’s monthly toll collections from trucks now exceeding $1.5 million.
OPEC recommended steep cuts and a Russian-led group balked.
Unprecedented uncertainty will likely delay annual contracts between shippers and ocean carriers.
The autonomous track inspection technology is mounted on a locomotive, allowing NS to inspect rail track in real time.
Trucking Freight Futures appeared to find their footing on Thursday amidst the return of mild to moderate volatility in freight rates.
Trucking company says the shutdown of the Saskatchewan facility from purported ransomware attack will have a “significant impact” on operations.
Snow, rain and wind may slow down truckers this weekend in some Eastern high-volume markets. Overall impacts should be manageable.
JAXPORT hosts seminar on the often misunderstood and misused International Commercial Terms.
Spin works with local governments to receive permits for using e-scooter shared mobility across city streets, rather than aggressive expansion by flouting city rules.
Good day, StradVision, an AI-based camera perception system, has announced it is developing animal detection capabilities for its SVNet software, which is used in advanced driver assist systems as well […]
Airfreight demand from China is still lower than normal this time of year, but it is finally picking up as the coronavirus scare gradually subsides. The new dynamic is reflected in higher cargo rates.
Profitability is the key to any business staying in business. In trucking it is harder than in many other businesses. Chris Henry explores the “trucking profitability paradox.”
The test in Customs and Border Protection’s Automated Commercial Environment will be the third between the Fish and Wildlife Service and relevant importers since May 2016.
An exclusive interview with SIA Flexitanks CEO Damien McClean on what’s happening right now with Chinese manufacturing, trucking and ports.
A panel of experts on the issue offers suggestions — but no easy fixes.
Jim Blaze writes about the outlook for intermodal rail in 2020.
Anthony Levandowski still faces criminal charges after federal prosecutors allege he stole secrets about Google’s self-driving arm.
Company accused of cheating its way into U.S. markets while posing a security threat
Slashed oil production is bad for tankers, but fallout for container ships hinges on price action.
The carriers gained pricing power this week as volumes jumped over 6%, capacity tightened slightly and spot rates increased across the country.
