News

Women from around the world come together to push for gender equality in the industry.

First snowstorm of the season for interior Northeast is “right on schedule.” Up to eight inches for some mountain spots.

Fuel card and business payments provider, FLEETCOR, reports increases in fuel and toll revenue. Management said that they are seeing general softness across all trucking markets, domestically and abroad.

Amazon to build second robotics development complex in Massachusetts

Railway rebounds after slow start in August and September.

Air cargo shipments may be delayed

Ballot initiatives included a tax on ride-sharing companies in San Francisco.

Global Ship Lease says it focuses on trade lanes responsible for 70% of global container trade and not the big East-West trades.

Trucking Freight Futures mostly unchanged on Tuesday in quiet trading session.

U.S. rail trade associations say changes will help employees responding to unplanned events.

U.S. Customs and Border Protection officers found the drugs stuffed in duffel bags inside a container load of scrap aluminum and copper en route to Europe from South America.

GE [NYSE: GE] on Wednesday promoted Greg Conlon to president and CEO of its aviation finance and leasing arm to replace Alec Burger, who will continue as head of GE […]

India gains $755 million in U.S. exports in H1 2019; OPEC braces for drastic drop in oil demand; Tesla is charging ahead in the electric car space.

Evan Efstathiou has just bought his way into the maritime tech landscape.

Severe storms, flash flooding, several inches of snow in store across the lower 48 states through rest of the week.

One of the biggest U.S. shippers put increasingly tough terms on carrier, leading to lawsuit.

The NCBFAA, which represents the customs brokerage industry, has become increasingly upset with the management at the Customs and Border Protection-contracted test sites and the way applicants are treated.

Semi-trailer manufacturer Wabash National reported higher revenue and profits in the third quarter led by growth in its final mile and commercial trailer segments.

Roadrunner’s third quarter earnings report resembled a triage list indicating that the company’s restructuring path will be a bumpy one.

Lorin Seeks, Convoy’s director of quality and compliance, spent nine years leading logistics as a captain in the U.S. Army Transportation Corps.

Rates can quickly become dated and the lack of real-time transparency in these movements can result in lost opportunities for both shippers and carriers.

“We’ve only harvested 40% of our acres and still have about 60% in the ground.” Tens of millions of dollars of potato crops damaged.

COSCO Shipping Energy Transportation (HKEX: 01138; SSE: 600026) has shrugged off U.S. sanctions on subsidiary companies to report a huge jump in revenues and a massive surge in profits.

Auto hauler Jack Cooper Transport said it had “successfully completed” the restructuring process that began with a filing in August, the company said in a prepared statement on Nov. 4.

Titanium Transportation Group sees weaker trends in the quarter, but manages to post a modest profit.

Ardmore Shipping execs predict the initial IMO 2020 phase will favor more expensive 0.1% MGO.

Throughout the Digital Age, this data-focused global trade company has found new ways to make data useful.

FedEx looks to allow flat-rate shipping customers to use their own packaging when they tender boxes.

The October Logistics Managers’ Index hits record low, suggesting peak shipping season may disappoint.

The traditional ordering season for new Class 8 trucks opened in October with the highest activity in 11 months. Still, the number of orders placed was the weakest for an October since 2016 — and 51% below October 2018.

The costs of operating a for-hire Class 8 truck rose 7.7% in 2018, the biggest jump since 2010. It is the highest per-mile cost since the American Transportation Research Institute began tracking the data in 2008.

Cooper Tire & Rubber Co. (NYSE:CTB) recently announced a plan to increase ownership in its joint venture tire plant in Guadalajara, Mexico, from 58% to 100%. The Findlay, Ohio-based company […]

A federal jury has awarded $93.6 million to ICTSI Oregon, the former operator of the Port of Portland’s Terminal 6, after finding dockworkers engaged in illegal work practices such as work slowdowns and stoppages.

Hamburg Airport has joined a roster of European airports adopting digitalization of cargo handling

The UW is Starship’s biggest campus client to date.

UPS operates first revenue drone flight for CVS, carrying drugs to customers

Shipping liquified natural gas by rail is a controversial topic. Read what Jim Blaze thinks about the idea in his latest commentary.

Roadrunner continues to restructure its operations by shuttering another unit. The company announced that it was selling its intermodal operations to Universal Logistics.

Travel Centers of America reported stronger profits and sales for the third quarter as it added locations and sold more fuel at higher prices. Watch for International House of Pancakes restaurants to begin to replace TA’s Iron Skillet and Country Pride eateries.

Several inches of messy snow coming to northern Rockies, Dakotas, upper Midwest. Short-term delays in freight movement.

The impact of IMO 2020 on oil markets is going to be less than projected, at least according to a newly published forecast by OPEC. The cartel, in its voluminous […]

North America has surpassed North Asia (China) as EXPD’s highest revenue region.

On October 29, Bloomberg published an article by Dina Bass, “The ‘Uber for Trucking’ Tries to Navigate Some Uber-Scale Problems.” That was followed by Craig Fuller’s article, Is winter coming […]

On this episode, Arlen Stark, FreightWaves EVP for events, joins Dooner to discuss how scheduling makes an impact on event attendee experience. Listen in to get the most out of […]

Truck parking is not only a safety issue, but also an issue of driver rest. Reliance Partners, along with TruckPark, is exploring how truck parking reservation systems could help drivers get better rest and improve roadway safety.

Connecting the Alaska Railroad with rail service in Canada and the U.S. is a bold, expensive plan. But it would generate tremendous benefits. Read more here.

Teknowlogi uses artificial intelligence models to analyze data in real-time and also advises executives on ways to improve efficiency and maximize process automation.

A former New Jersey bookkeeper recently pleaded guilty to bank fraud in federal court, admitting she orchestrated an elaborate $1.7 million check-writing scheme using fraudulent company checks.

Asia-Europe and Asia-U.S. spot freight rates jumped 12-30% last week, but can carriers hold on to the gains?

Gildan Activewear is closing its operations in Mexico and laying off 1,700 employees at two plants in Sonora, the state across the U.S.-Mexico border from Arizona. “As we looked at […]

Meritor is expanding its Blue Horizon brand of electrified products as it positions itself to be a leading supplier for electric and hybrid vehicle powertrain solutions.

The restructuring is keeping 2,500 jobs in place.

Danaos expects in 2020 container trade demand growth will outpace supply growth for the first time in almost 10 years.

Western Star is recalling 2,546 heavy-duty trucks because the sleeper side door can detach while the truck is in motion, creating a risk of the falling door striking another vehicle.

Leaf Logistics aims to give shippers, carriers, and brokers confidence in buying and selling contracts and protect against market fluctuations.

It’s an income statement of two halves for COSCO Shipping Development, which both leases container ships while also making and leasing ocean shipping boxes. Revenues fell off a cliff. But COSCO Shipping Development was able to protect its bottom line by slashing costs. Profits surged.

The United Auto Workers voted 79% in favor of a new four-year contract at Mack Trucks following a 12-day strike that idled six facilities in three states and halted production at Volvo Trucks’ only assembly plant in North America.

Uber Freight sees loads more than double on a year-over-year basis, but the division’s losses increased as well. Investors will now likely mull over these results as the company’s stock lock-up expiration approaches.

UPS expects tsunami of returns this holiday season

Uber plans to release safety report by end of the year.

The rule would require half of all new medium- and heavy duty truck sales sold in California by 2030 to be zero-emissions vehicles.

Industry telematics leader Omnitracs is still chasing a fix for a connectivity glitch that caused some models of its electronic logging devices to stop reporting accurate time and location data on Nov. 2.

Logistics and analytics are a perfect marriage, U.S. Chamber wants action not words on trade. Central casting fails at UPS as CEO heir apparent unexpectedly retires.

False submission of shipment information in the U.S. government’s Automated Export System helps sink scheme to smuggle military-style inflatable boats and engines to China, according to officials.

After Friday’s trading session, volatility appears to be creeping back into the Trucking Freight Futures market.

Lower operating expenses helped to increase profits.

Acquisition strengthens IAG’s position in South American market

Truck maker TRATON Group S reported higher revenue and profit for the first nine months of the year, but warned of a tougher 2020 with an accelerating slump in orders and global economic uncertainty.

U.S. Customs and Border Protection officers at the ports keep watch for untreated wood packaging in cargo shipments to prevent the spread of wood-boring pests.

With shippers and carriers unable to predict rates or capacity in the spot market from month to month, can a better alternative be developed by new freight capacity marketplaces?

Several inches of snowfall, very slick roads for portions of the northern Rockies. Minor freight movement delays possible.

An exclusive interview with Greece’s Ioannis Martinos on what’s next for Signal Ocean.

Story updated 11/42019, 2:45 p.m. Canadian overnight air cargo provider Cargojet [TSE: CGJTF] increased its third-quarter adjusted pretax earnings by 24% to C$39.1 million ($29.7 million) compared to the same […]

Blockchain as a decentralized and immutable ledger can help stakeholders within fashion supply chains to improve trustability, reduce counterfeit products and increase labor equality across the horizon.

Transit times of 10-12 days are promised on the new service from DHL Global Forwarding.

The credit ratings firm sees coal and intermodal volumes under continued pressure next year.

This white paper explores the pros and cons that companies consider when deciding whether or not to implement dash cameras.

A federal grand jury recently indicted a Russian trucking owner — who is already awaiting trial on charges that include a $150 million military kickback scam and a murder-for-hire plot — as well as eight other Utah-based trucking company executives in an alleged “pay-to-play” bribery scheme involving a former FedEx Ground (FXG) manager.

This eBook shares the trends and challenges driving visibility in the supply chain today.

With diesel fuel powering 97% of all heavy-duty trucks, it seems silly to predict its industry dominance will end. But don’t tell that to California where the good can be the enemy of the great.

Supply chains are now more susceptible than ever to macroeconomic trends and the rise of consumer expectations in the context of last-mile delivery. To alleviate impact, businesses need to pursue visibility and operational transparency as top priorities.

Hong Kong Stock Exchange-listed ocean carrier Pacific Basin (HK: 2343) will issue US$175 million (approximately HK$1,371 million) of non-amortizing unsecured convertible bonds to boost its balance sheet while growing and renewing its fleet.

Logistics real estate developer ESR Cayman (HK: 01821) roared into public life on Friday when it floated on the Hong Kong Stock Exchange. It was the second-biggest IPO of the year in Asia.

Ontario Trucking Association lauds crackdown by province’s workers’ compensation agency on companies that skirt payroll deductions by misclassifying drivers. But the OTA calls on Canada’s federal government to do more.

Saudi Aramco, believed to be the world’s largest integrated oil and gas company, has announced it will undergo an IPO on the Saudi Arabian stock exchange.

U.S. truck drivers possibly numbering in the tens of thousands are staring at non-working electronic logging device (ELD) screens after their Omnitracs’ systems shut down on Nov. 2. Omnitracs did not immediately confirm the outage.

Commerce secretary says talks on foreign automaker investment in the U.S. may again delay imposition of tariffs on imported vehicles.

FreightTech venture investing is red hot right now, with the industry attracting more capital than ever. Will this end?

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Appetite for avocados is fueling violence in Mexico; Hyundai picks Claudia […]

Caterpillar Inc. notified 120 workers at its Victoria, Texas, facility that they will no longer have a job effective, November 1. Company officials said “market conditions” are the reason for […]

The rails managed to increase rates while trucking rates continued to compress in October.

We are regularly enhancing and improving SONAR to meet the needs of the ever-changing freight market and the needs of our customers. To help keep SONAR users informed, we deliver […]

Signs of the impending transition to electric vehicles continue to gather apace. The authorities in the Western Australian City of Fremantle are trialing an electric garbage truck. “So what?” a […]

Debt loads are high, prices are stuck and new capital is reluctant to move into the space.

What may come as a surprise is the fact reefer load volumes have dropped 5% versus this time last year and have been averaging over 5% lower than 2018 volumes since April according to FreightWaves Reefer Outbound Tender Volume Index, while dry van volumes are up 3%, signaling a trickier Halloween for reefer carriers.

truckers hauling construction materials and agricultural products, flyers promoting the protests also have been posted around the ports

Royal Schiphol Group may acquire controlling interest in Cargonaut

Funding bill leaves out protections sought by U.S. House.

U.S. Customs and Border Protection said importers of tobacco from the southeast African country must demonstrate the goods are not in violation for clearance.

New freight indices provide visibility on potential earnings premiums of scrubber-equipped vessels.