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It’s helpful for new brokerages to study the staying power of brokerages like ITG, especially in volatile markets.
A Texas couple was sentenced to federal prison and ordered to pay more than $2 million in restitution after being convicted of orchestrating an organized commercial tire theft ring.
“The Box – How the Shipping Container Made the World Smaller and the World Economy Bigger” by Marc Levinson makes the case that the shipping container and its global intermodal use was one of the most important innovations of the second half of the 20th century.
Daimler Trucks is executing structural changes around the world because of sliding sales.
Advocacy groups differ on effectiveness of public and private financing to meet high demand.
Moreno Valley ignored environmental regulations when it greenlighted construction of the World Logistics Center, one of the largest complexes in the country.
Tanker rates haven’t shot up further on new Iran tensions, yet they remain extremely high.
Taal volcano entered “period of intense unrest”, shutting down Manila’s international airport.
The shipping consultants Drewry predicts carriers should be able to return “solid if unspectacular results”in 2020.
Three large carrier groups reported similar results.
It isn’t clear how long the temporary order will be in effect but plaintiffs seem happy that it will be replaced with something longer-lasting.
Kenworth skipped the fanfare in showing its Class 8 autonomous truck for the first time ar CES 2020.
To remain competitive in the marketplace, shippers need to adapt.
Trucking Freight Futures recap for the week ending Friday, January 10, 2020: East region strengthens; West and South regions weaken
Few truckers have jumped into the last-mile segment; more firms pledge not to ship across the Arctic Ocean
Universal Logistics Holdings names current head of transportation Tim Phillips as its new CEO. Phillips succeeds former CEO Jeff Rogers who “separated” from the company on Friday.
The return flight on the twice-weekly service beginning this week will stop in Hong Kong.
Mack Trucks has entered the electric vehicle space with its LR Electric refuse truck, but it may not be done. The engine, with modifications, may work well in other applications as well.
More potential problems for truckers on I-90, US-2 over Northwest mountain passes.
The U.S. Federal Maritime Commission is required by the 2015 Federal Civil Penalties Inflation Adjustment Improvements Act to annually adjust its civil penalty amounts in line with inflation.
Chris Henry runs fleet profitability benchmarking and analytics for FreightWaves and facilitates the TCA’s TPP program. If you are interested in benchmarking your fleet’s performance with the best operators, join […]
The Containerization & Intermodal Institute, EROAD and Great Lakes Dredge & Dock announce board appointments.
Businesses can leverage technology and incentivize consumers to ensure sustainability within their logistics operations.
Seth Holm of FreightWaves Freight Intel Group writes about the impact of nuclear verdicts on the trucking industry. Will 2020 be a tipping point for these huge awards?
Amazon has enabled customers to pay digitally at gas stations via Alexa, which can confirm the station location and pump number and activate the pump for drawing fuel.
FreightTech 25 entrant has big plans for 2020, says president and CEO.
Atlantic Canada trucking industry braces for the fallout as Nova Scotia pulp mill owner recasts closure as a deep sleep while company scrambles to find a solution for its waste product.
Two Norfolk Southern-owned or -operated rail facilities in West Virginia and Virginia have been impacted by closure and layoffs.
Railway Age reports industry veteran will lead the RSI Equipment Leasing Committee.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Cross-border trucking remains strong despite ongoing violence in Mexico; Freight tech […]
The principles of Environmental/Social/Governance are going to be a factor in the future, according to Morgan Stanley
California’s AB5 has caused significant disruption prior to the planned enforcement period. Has there been a measurable impact to the supply of carriers in the state?
Former California agent was convicted of pocketing $174,000 in insurance premiums from port truck drivers and charter bus companies.
Happy top of the weekend! Thanks for making us a part of the backhaul of your week, and boy do we have some news for you. First, we hit the […]
The latest features in SONAR 5.0 make it the most future-focused version to date.
The global logistics industry is big and getting bigger.
The Port of Monroe says its efforts to increase international business has been stymied by the Detroit office of U.S. Customs and Border Protection.
Legal battle in California is pulling trucking in different directions
For the second time in five weeks, the Federal Aviation Administration is proposing a multi-million dollar penalty against Boeing for allegedly installing improperly manufactured components on the wings of some […]
Planning for disaster “is about the unknown unknowns, the Black Swans, the things that are so far beyond our comprehension.”
Nippon Cargo Airlines is adding a Taipei stop due to demand from customers such as Flexport.
With companies like Convoy achieving a $1 billion valuation in roughly four years, or publicly-traded companies like Uber and Amazon encroaching on the brokerage space, it is getting harder for […]
Trucking market cools but remains healthy
The transport of cargo from China to Europe by sea is likely to remain more important than Eurasian railway routes, says the CEO of the German forwarder DACHSER.
2018 high-water mark for container volumes makes it ever tougher for 2019 to come out on top.
Chicago to Atlanta (VCA) Trucking Freight Futures show strength on Thursday in an otherwise mixed market.
Treasury Secretary Steven Mnuchin said the Iranian metals industry generates billions of dollars for the regime, contributing to its nuclear weapons program.
Buttigieg proposal part of candidate’s $1 trillion infrastructure plan.
Self-balancing cargo bikes, drone-enabled mailboxes and other cool stuff from this year’s transportation exhibition.
Having a private “airline” to move customers’ freight made sense two years ago when the market was robust and Flexport was less established in the logistics industry. Now, the company has enough muscle to compete directly for airline capacity.
Thick ice, up to a foot of snow to disrupt freight movement in Midwest this weekend.
Man charged with first-degree murder of driver on I-269 outside Memphis after authorities circulated chilling photos captured by camera inside tractor-trailer.
A number of readers responded to Brian Aoaeh’s 12/26/19 “Commentary: Trucking industry observations heading into 2020.” His current commentary features some of those responses and information from Anthony Campo, a trucking industry veteran.
The interior of the Nikola Two semi-tractor takes cues from modern airplane cockpits.
Email and spreadsheets still coin of supply chain realm, but startup sees cloud-based future.
As more and more carriers close up shop, leasing equipment has become a gamble that some companies may not want to take.
E-scooter startup Lime is stopping operations in a dozen cities across the world and laying off 14% of its workforce.
OmniTRAX and R.J. Corman seek to cultivate customer relations with recent appointments.
The railway will work with NorFalco Sales, a division of Glencore Canada, to handle sulfuric acid volumes at facilities in Ontario and Quebec.
One of few viable trade lanes between Canada and Iran could become collateral damage after Canadian Prime Minister Justin Trudeau says surface-to-air missile likely brought down Ukranian airliner with 63 Canadians aboard.
New Platts indices offer bird’s-eye view of rough IMO 2020 transition for dry bulk.
Each year, the Driver of the Year Contests recognize company and owner operator professional truck drivers who provide safe and reliable transportation of North America’s goods.
McLean Trucking is one of the pioneers of the less-than-truckload (LTL) trucking industry. The company’s founder eventually became one of the pioneers of the global logistics and trade industry.
The New York City Department of Sanitation will begin testing the first Mack LR Electric refuse truck, hoping to gain valuable insight into the viability of electric refuse vehicles.
A bipartisan group of U.S. House and Senate lawmakers see export controls as a means to punish those Chinese officials and companies involved in human rights abuses in western China and Hong Kong.
The acquisition of Kuebix is believed to be a step toward making a fragmented transportation industry more efficient.
Airbus is expanding its aircraft manufacturing operations on Boeing’s home turf.
In the second DHL Supply Chain Pricing Power Index of 2020, the shippers gain power for the first time in 7 weeks. Look for the shippers to continue gaining power for the next few weeks.
Prologis closes on $4 billion deal to buy Industrial Property Trust
Trucking Freight Futures mostly stable on Wednesday with SEA to LAX under downward pressure.
Road, rail, port environmental permits to be completed in two years.
Airfreight market continues decline; U.S. trade deficit falls to three-year low; LiDAR to get more affordable.
Association of American Railroads reports volumes continue to run lower than a year ago.
Snow, ice, wind, severe thunderstorms to slow down supply chains next few days.
Companies from Amazon to Zulily agree to help Customs and Border Protection figure out how to identify and target high-risk shipments.
Add Werner Enterprises to the parade of companies testing battery-powered heavy-duty trucks in California.
Willie Walsh will be succeeded by Iberia CEO Luis Gallego.
Digitalization of roadside assistance services can help fleets in not just getting immediate and seamless assistance but at flat-rate premiums.
Lunar New Year marks traditional ocean shipping slowdown, but U.S.-China trade tiff means extra slack.
Jim Blaze writes about the key messages he extrapolated about railroading in 2019.
Mexico continues to be the top trading partner for the United States, ranking No. 1 in total trade value through November, at $567.81 billion. It marks the 11th straight month […]
Introducing AskWaves, a place to search for answers in the logistics, transportation and the supply chain industry. With AskWaves, you can ask the FreightWaves team of experts and journalists anything about transportation, logistics, supply chain or freight and they will attempt to answer your question in a future article.
Top 25 less-than-truckload carrier Midwest Motor Express has been acquired by Red Arts Capital and Prudential Capital Partners.
Partner Hub enables carriers to control who can access the data coming out of their trucking operations.
Freight All Kinds: Logistics of commercial construction looks at the shipment of commercial building materials and the “carriers” moving them.
This time it’s a state court that says the FAAAA act blocks AB5 from regulating trucking employment
Precision Scheduled Railroading, or PSR, is the operational method of running a railroad for maximum asset utilization by which freight movements are scheduled and managed on the individual carload (rather than entire train level). That contributes to efficiency improvements by, for instance, using more direct point-to-point routing, bypassing classification terminals, and having the flexibility to use long mixed-commodity trains.
Lumper payments can tie up cash for weeks as carriers wait for reimbursement, but Convoy is now automating the process, guaranteeing payment with the touch of a button.
There are plenty of individual interests likely to want enforcement of IMO 2020. But is the market incentivizing noncompliance?
The request comes as the company struggles to update PeopleNet devices that malfunctioned over the New Year.
No specific trucking reference in the governor’s State of the State, but calls current situation a “scam.”
Morgan Stanley analyst trims earnings estimates across all modes of transportation
Experts say reversal of penalty related to U.S. Treasury Department’s Office of Foreign Assets Control won’t hinder its broader enforcement activities.
Despite all the mergers and all the alliances, ocean container rates are still lower than they were seven years ago.
The two companies are exploring opportunities in the logistics market.
California is proposing to require more ships, including tankers and roll-on, roll-off vessels to use shore power when docked.
U.S. DOT Secretary Elaine Chao touts agency collaboration and leadership in AV research and development.
Temperature-sensitive cargo like meat can be exposed to warm air and other environmental conditions during transfers and storage without good logistics management procedures.
Investors in U.S.-based FreightGuru.com bilked out of $800,000, authorities allege.
The November decline was one of the smallest in 2019.
