Freight Futures daily curve: 12/6
Trucking Freight Futures end quiet trading session on Thursday while looking for direction.
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Trucking Freight Futures end quiet trading session on Thursday while looking for direction.
The group is widening its cuts but in the complex math that is OPEC, the announcement sounds more than the actual reductions are likely to be.
E-commerce’s role in transforming supply chain logistics should be a factor that Congress considers during the next surface transportation bill authorization.
This white paper reviews the challenges associated with the freight audit process and how AI can address these deficiencies.
A number of trucking companies are expanding and/or upgrading their terminal systems.
Safety analysis lacking in petition against ELDT rule, agency finds.
“It can be dicey up there anytime it snows.” Two to four feet of weekend snowfall heading to the Sierra Nevada.
Manufacturers also call for the rapid roll-out of dedicated charging and refueling infrastructure to help reduce the share of trucks running on diesel.
With less than a month until the IMO 2020 regulations go into effect, Ben Thrower writes about the impacts about to hit the maritime industry, importers/exporters and consumers.
Carriers are “jacking up” spot rates to improve their negotiating hands with shippers as they agree pricing for IMO 2020 fuel bills and long-term Asia-Europe contracts.
Plus: Uber U.S. safety tally: 3,000 people sexually assaulted, nine murdered while taking Uber rides in 2018.
Rising demand for electric vehicles — including medium and heavy trucks — means an increased need for smart grids with smart charging to power those vehicles. Even that may not be enough.
On the inaugural edition of Drilling Deep, podcast host John Kingston talks to Baruch Feigenbaum of Reason Foundation about how to fund infrastructure impovements. It isn’t always a popular view […]
Supply chain solutions major J.B. Hunt finished fourth on the FreightTech 25 list, thanks to its efforts in digitalizing freight matching and democratizing access across carriers of all sizes.
Dart Transit, a Minnesota-based transportation service provider, has appointed Dave Ables as president and CEO, the company announced on Dec. 6. Ables, 51, a former executive with PAM Transport, will […]
Taking out stuff that you don’t need is part of the strategy to increase Canadian crude-by-rail shipments
The DHL Connectedness Index analyzes the flows of trade, capital, information and people across the world to understand its impact on globalization.
Dry bulk ocean carrier Jinhui Shipping of Hong Kong and Oslo has drifted into the red according to its third quarter results. Its nine-month results indicate the company may generate a loss this year.
“Undercover boss” believes average international airfreight shipment times should be at least a day faster. Experts agree the sector can up its game.
Two former Celadon executives charged with securities fraud in financial scandal.
The Canada Infrastructure Bank (CIB) said it will provide up to $300 million to finance a new container terminal the Montreal Port Authority plans to open downriver in Contrecoeur. CIB […]
Tli Cho Landtran Transport and affiliates will be closed and possibly sold after losing C$18 million in the past year and facing mounting debt reaching C$60 million.
Billions of dollars in fuel costs at stake for containership owners.
Airport has ambitious China plans
Peak season is more like a mini-peak this year for air cargo.
After all the trade turmoil, many legacy supply chains may still be in “wait-and-see” mode.
The hype surrounding zero-emission electric trucks is evolving into real-world results for two major freight haulers. Both Penske Truck Leasing and NFI Industries have crossed 10,000 miles of battery-powered, zero-emissions freight hauling.
Postmates, the food-delivery startup, has closed its Mexico City operations and laid off dozens of employees, citing a lack of growth and a desire to focus more on the U.S. […]
Truckload stocks get an upgrade at Goldman Sachs. Analyst cites “bottoming” fundamentals and the likelihood that the trucking downturn is nearing the midway point as reasons for the upgrade.
An Einride vehicle will ferry goods between warehouses operated by Coca-Cola European Partners and Axfood, one of Sweden’s largest food retailers.
While Customs and Border Protection’s Automated Commercial Environment has automated much of the cross-border trade process, the U.S. export manifest process remains paper intensive and error prone.
FreightWaves CEO Craig Fuller chats with J.B. Hunt Chief Commercial Officer Shelley Simpson.
Four years ago, United Airlines was a mess and customers were not happy. Under CEO Oscar Munoz, UAL is flying high again.
HudsonAnalytix CEO recommends risk assessments and alleviation to protect ports, terminals and shipping lines from cyberattacks.
Increased rates and signs of capacity slowly leaving the market continues the power shift towards carriers.
Wednesday’s Trucking Freight Futures forward curves point toward a choppy yet weaker market in 2020.
CNBC trade expert and author Lori Ann LaRocco says if trade talks were really progressing, U.S. exports to China would be ticking up, not down.
by FreightWaves’ Linda Baker A limited supply of Christmas trees in Oregon, the country’s No. 1 producer, continues to drive up wholesale and retail costs. The pricetag for Noble Firs […]
Brian Aoaeh writes about workplace injuries and workplace safety in the ecommerce age…
Delays of freight movement likely from the Sierra Nevada to the Rockies the next few days. Plenty of snow.
There will not be a soft enforcement or grace period for noncompliant carriers.
Jim Blaze writes about the decline in rail freight; is it a recent event, or has it been taking place over a longer period?
U.S. rail volumes are down, but don’t call it a freight recession, according to Association of American Railroads executive.
A Solar Energy Industries Association study says U.S. tariffs on crystalline silicon solar cells have pushed solar panel prices in the U.S. 43-57% above the global average price.
Riding a wave of innovations, the digital freight services startup ranked No. 3 on the FreightTech 25 list of most disruptive companies.
Warehouses are under pressure to increase product picking efficiency in a time of expedited e-commerce. Automation and robotics can help.
Saudi Arabia angry at low oil prices; consumer spend set to increase during holiday season; European wine production battles climate change.
Road transport organization TAPA has welcomed the EU initiative of creating a safe truck parking standard, while advocating for collaboration with its existing truck parking PSR standard.
Job action would come during peak holiday shopping period.
Carrier offering thrice-weekly service between Zurich and Cancun.
Container ship giant signs deal that will fuel LNG-powered ships on its Asia-Mediterranean service.
Manufacturing slowdown chills all but urgent replacement bookings
The Chicago firm secures No. 2 spot on FreightTech 25 list with a platform that seamlessly tracks freight through the turbulence of strikes, hurricanes and presidential tweets.
New York City pilot program gives cargo bikes commercial curbside access
“The weather has not been kind to farmers this year. It’s been blow after blow after blow.” Downward pressure on prices hurting growers.
The EU is pushing to bring carbon pricing to shipping, but there are a lot more questions than answers.
Several management teams from North America’s largest Class I railroads were on hand to discuss current demand, their networks and the future at the Credit Suisse 7th Annual Industrials Conference.
Canadian firm reports a largely expected 27% jump in net income in the third quarter as revenue increases 19%; CEO lauds “predictable results in an increasingly unpredictable business environment.”
Former carrier and freight broker brings unique perspective to No. 1 news source.
Manufacturers warn clock’s running out on needed clarity for 2021 models.
On Dec 4, FourKites announced a new learning platform and certification program aimed to allow customers to maximize the value of supply chain visibility. This platform provides customers with a […]
project44 opens office in Paris, its second on the continent
Private equity-backed 3PL said deal comes as demand exceeds capacity in Northeast market.
Teck Resources opts not to renew 10-year deal for the transport of metallurgical coal.
Trucking Freight Futures in the South were feeling down on Tuesday as the East showed tepid strength.
Four cities in Brazil, Chile, Peru and Colombia are added to carrier’s freighter network.
Up to a foot of snowfall coming to the Sierra Nevada, Rockies the next two days. Delays in freight movement possible.
The rail regulatory agency says the changes would help make the rate review process more accessible and transparent.
Construction begins for the long-delayed project to triple the capacity of the Canadian oil pipeline to nearly 900,000 barrels per day.
Expanding truck appointment system and new lanes credited for fast moves as port readies for dredging
Railway Age reports NS wants to double-stack its trains as they move through Pittsburgh, but residents in the north side of the city are stacking up arguments and fighting back.
“We need to arrive on-time, every time!” “We need better visibility!” “We need more technology!”
The mayor of Ciudad Valles, Mexico, recently ordered 15 of the new all-electric Cybertrucks manufactured by Tesla Inc. Mayor Adrián Esper Cárdenas said the Cybertrucks will be used for police […]
United Airlines continues to build more of its fleet around Airbus aircraft with an order for 50 narrow-body A321s.
Trevor Milton believes replacing diesel trucks with cleaner alternatives will improve the image of trucking and enable legislators to slash emissions.
French workers are demonstrating for reforms in their pension plan, leading to a protest that will see most employees of transport companies strike beginning on Dec. 5.
Air India, Alitalia and South African Airways may be facing a bleak future.
Port, engineering and property giant MMC shrugged off the trade war and economic headwinds to report massive increases in revenues and profits. Analysts issued a “buy” rating.
Integrated logistics provider and ocean carrier Harbour Link saw a boost in revenues but its costs grew too, causing its profits to weaken in the most recent quarter. A weak result in its ocean shipping division was a drag on profit as well.
Preliminary orders for new Class 8 trucks tumbled again in November after one month of improved bookings, new evidence that a slowing manufacturing economy is sapping all but critical replacement demand.
November proved to a bit more difficult for high-performing Delta Air Lines, but it should see increased business from South America soon as it cements ties with LATAM.
A federal judge unsealed a 6-year-old whistleblower suit against Navistar Defense and Navistar International Corp. that seeks at least $1.28 billion in damages over allegedly forged defense contracts.
Trade tensions look like they’ll get worse before they get better, a negative for ocean shipping demand.
From its origins in document scanning, Transflo has gone on to develop a broad spectrum of digital offerings for the trucking industry.
Saia, Old Dominion fourth quarter updates show that one may be gaining at the expense of the other
Halliburton Co. (NYSE: HAL) announced it is cutting 808 jobs with the closure of an office in El Reno, Oklahoma, according to the Houston Chronicle. Houston-based Halliburton informed the Oklahoma […]
Swift drivers react to driver leader’s instructions to chain up and drive in inclement weather.
The Treasury Department agency is closely monitoring vessel name changes used by Venezuelan and Cuban authorities to sidestep U.S. trade sanctions.
Electric powertrain manufacturer Lightning Systems announced a $41 million funding round to help meet growing demand for electric powertrains in U.S. commercial fleets. BP Ventures led the investment round, which […]
Short-sea projects in Norway could lead to worldwide wave of crewless, emissions-free ships.
Recent reports out of the Federal Reserve Bank of Dallas paint a gloomy picture regarding prospects in the U.S. oil industry. Even as U.S. crude and total petroleum production continue […]
Trucking Fright Futures open the month generally lower with volatility in the South.
Brazil’s Vale has cut its iron-ore outlook for the first quarter, but revealed higher-than-expected projections for full-year 2020 and 2021.
TCA and our for-hire carrier members have repeatedly affirmed our support for the Federal Motor Carrier Safety Administration’s (FMCSA) electronic logging device (ELD) mandate. Unfortunately, others in the trucking industry […]
Snowfall, gusty winds, transportation delays ongoing from Boston to Bangor. Troubles possible on I-95.
Moving precious artwork is physically and mentally demanding work, requiring art logistics firms to micromanage every inch of the journey from one art house to the other.
The railway attributes the record to its high efficiency train model and to collaboration with supply chain participants.
An Office of the U.S. Trade Representative investigation concludes that a French tax on digital services discriminates against U.S. companies, such as Google, Apple, Facebook and Amazon.
PierPass says long late-afternoon queues at the entrance to container terminals om Los Angeles and Long Beach have been eliminated.
EROAD and the Georgia Department of Transportation were among 12 recently honored for innovation at the International Road Federation’s Global Road Achievement Awards.