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The move, intended to align the Spanish energy giant with the Paris Agreement goals, will cut the value of its oil and gas assets by $5.3 billion.
France-based contract logistics provider ID Logistics Group SA gains access to a U.S. e-commerce platform in its acquisition of Jagged Peak.
A U.S. man living in Singapore illegally presented technical information at the Pyongyang Blockchain and Cryptocurrency Conference in April on how North Korea can use blockchain technology to evade sanctions.
Lufthansa Airlines is being called out by the FAA for allegedly going behind its back to operate at two U.S. airports without approval. Agencies don’t like it when someone tries to deceive them.
According to CEO, the biggest problems freight brokers face are visibility and ‘one-load wonders.’
Government wrestles with options to keep state-owned carrier aloft
Market Expert David Faulkenberry writes about the increasingly important “final mile” and why estimates of its size vary so widely.
10 of 11 Trucking Freight Futures contracts higher on November/December spot roll.
Darren Prokop writes about the benefits of economies of scale in maritime shipping; he also writes about the dangers of diseconomies of scale.
Union Pacific (NYSE: UNP) is suing the city of Palestine, Texas, to nullify a 150-year-old contract to keep a certain number of jobs in the town indefinitely. The agreement between […]
Dow Jones Risk & Compliance has 24/7 monitoring and dedicated researchers to track and build detailed profiles of individuals and entities that are subject to economic sanctions.
Ben Thrower writes that venture capital funds continue to flow to digital freight brokerages, but legacy companies continue to fight back.
The Truckload Carriers Association’s Truckload Academy has unveiled the next generation of its Fleet Manager Certificate Program. Produced in partnership with CarriersEdge, the new program includes updated content and a […]
Plan, then plan some more as the ability of a 3PL to handle the holidays becomes test for handling the rest of the year.
President Trump cited currency manipulation as the reason to reimpose tariffs on imports from the two South American countries.
Storage and Replenishment service allows products to be stored near fulfillment centers to allow faster restocking during the holiday rush.
Set to go live on Jan. 6, 2020, the drug & alcohol clearinghouse will change the way truck drivers and carriers monitor drug testing.
Snowstorm prompting commercial vehicle restrictions, airport ground delays in major northeastern U.S. cities.
As peak retail season approaches, the battle for retail compliance only intensifies.
Maritime, air and overland trade routes into Europe are being piggybacked by criminal gangs deploying the latest digital supply chain technologies to help meet mushrooming demand for illegal drugs across […]
Cummins Inc. is winding down its centennial anniversary as the trucking industry it serves also slows. But the company has a history of emerging stronger from downturns.
French-based 3PL FM Logistic has unveiled the Ergoskel, an ergoskeleton designed to assist warehouse employees to work around parcels without them taking a toll on their bodies.
Integrated logistics services provider Tasco, a subsidiary of Yusen Logistics and an NYK Group company, has reported flat second quarter revenues and costs but a surge in net profit. Its six month figures don’t look so great though and equities analysts are disappointed.
Canadian SONAR data show that trucks helped fill the void as rail capacity left the market – and then got a nice bump as it returned.
The Port of Oakland is making improvements to both its roads and ship turning basins so that it can handle increased traffic.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Ikea acquires 42,000-acre forest in Texas; Port of Brownsville gains approval for […]
West Coast freight volumes have been robust in 2019, but empty rail containers signal that the balance is shifting east heading into 2020.
All the numbers at your fingertips to help you navigate figuring out what’s going on at OPEC this coming week.
In this week’s round-up of trucking stories from around Australia: truckers slugged by box terminal operators; truckers slugged by tax hikes; truckers slugged by safety regulators; drivers slugged by Queensland politicians; Freightliner Cascadia rolls into the Outback; Linfox buys 90-truck fleet to transport booze.
This is the first time outbound tender rejections have remained above 6% for consecutive weeks since March 2019.
The first of a four-part series teaching the crucial basic elements in freight and shipping.
Daimler AG announced that it has reached an agreement with employee representatives to trim its workforce by at least 10,000 workers.
Ellen Voie, the CEO of Women in Trucking, spoke on the issues that female truckers in particular face when they are looking for parking spots.
Owners would have to prepay for estimated fuel spill cleanup costs.
Shippers need to take heed of the Congressional push to allow Amtrak to sue freight railroads over on-time performance.
Spanish road freight startup Ontruck has acquired digital freight forwarding platform Briver, in an attempt to consolidate its market position in the Spanish region of Cataluña.
Airline unit to add aircraft and develop logistics platform
USPS launches Operation Santa to help kids, families in need
With solid financial results under its belt in its first outing as a listed company, Port of Napier has won praise from equities analysts. “A text book start as a listed company,” analysts said.
Trucker arrested attempting to enter Ontario from Michigan after Canada Border Service Agency officers find bricks hidden in boxes.
The DHL Supply Chain Pricing Power Index moves towards the carriers for the first time since early September.
A chemical manufacturing complex in southeast Texas was rocked by several explosions on Nov. 27, affecting production of synthetic rubber used for tires and hoses in the automotive industry. No […]
Court indicts a few UPS employees for drug trafficking; EU commercial vehicle registrations decline; pop-up electric charging stations come up in Oxford.
With Christmas less than a month away, shipments of fresh-cut Christmas trees from U.S. producers are in full swing. Oregon leads the nation in Christmas tree production, with 383 growers […]
Government mulling options as rescue bid stalls
Peter Levesque is joining Ports America as president next year, after nine years at Modern Terminals in Hong Kong.
When it comes to decarbonization, maritime industry players need to work together to move the ball forward.
Dry bulk ship operator Malaysian Bulk Carriers has reported another set of losses. Barring unexpected positive developments, it may make a yearly loss. It is also reducing both long-term and current assets. The company has entered into working capital deficiency.
Courier, domestic and international logistics company GD Express reported a slowdown in total comprehensive income in its latest quarterly results. The company generated increased revenues but increased costs too. Profits shrank.
The Global Shippers Forum says the views of exporters and importers have been ignored by European regulators extending antitrust protection to liner carriers.
Last-minute meeting in Washington likely will hash out changes to make NAFTA’s successor palatable to congressional Democrats.
Tracy Cox pleaded guilty to one count of wire fraud in federal court on Nov. 22, admitting she orchestrated an elaborate money transfer scheme to defraud the Indiana-based trucking company out of nearly $382,000.
Prologis signs joint venture with Norwegian investment giant to buy 19 million square foot U.S. portfolio for nearly $2 billion
Crude-tanker rates are staying lofty for a prolonged period, proving that the October spike was no “one off.”
The notice of proposed rulemaking pertains to training for Class II and Class III rail employees.
FreightWaves CEO Craig Fuller joined Chattanooga city leaders in discussing the city’s tech movement.
Rapid advancements in technology continue to impact the transportation management system market. Here are five trends to watch in the year ahead.
Trucking Freight Futures quiet on Tuesday as the November spot contracts near expiration.
Midwest storms could trigger exemptions for hauling snow removal materials and equipment.
North American Class I carloads increased year-over-year in week 47 on a favorable comp. The prior four-week average remains weak.
Staying on the same page with accounts receivable; extending logistics into space
CN CEO said railway is focusing on safety as it resumes normal operations after eight-day strike that rippled across Canada’s rail supply chain.
CRRC Yangtze Co. Ltd., owner of 22% of Vertex, claims nearly all of the debt listed in the petition filed in U.S. Bankruptcy Court in Delaware.
Brian Aoaeh offers observations about the future of supply chains following his attendance at the recent FreightWaves LIVE event .
Will markets remain tight into the first quarter or soften right after Thanksgiving?
The Office of Foreign Assets Control places subsidiary to Cuban state-run oil shipper, Corporacion Panamericana, on blacklist for circumventing sanctions against Venezuela’s oil sector.
Grass might be greener in Keystone state rather than Garden state as new law puts new risk on motor carriers.
Redwood Logistics has unveiled Redwood Connect 2.0, which can be leveraged by logistics experts to drag and drop what they want to happen to the data from start to finish, without the need to code.
Investors and commodity shippers favor spot contracts, but GHG cuts will require more long-term employment.
Mexican avocado imports to the U.S. are expected to increase around 6% this winter compared to the same period last year, with as much as 2 billion pounds of avocados […]
KNX is hiring brokers and full-stack developers for the new office.
The Department of Labor claims Ben Shinn Trucking failed to remit employees’ contributions to the company’s 401(k) plan in a timely manner.
The shift of production from China to southeast Asia is unlikely to stop the trans-Pacific container market from declining this year.
We have previously discussed the Boeing decision of the National Labor Relations Board (NLRB). In that decision, the NLRB changed its approach to determining whether an employer’s workplace rule violates the National Labor Relations Act (NLRA).
Sino-Malaysian services provider Integrated Logistics (trading as Integrated Group) has announced another poor set of financial results. It looks set to deliver its fifth full-year loss in six years.
Advocacy group warns lack of ELDT rule directly compromises truck safety.
Logging onto an air cargo web site to book space for your shipment is so 2010s. Forwarders and airlines looking for speed and efficiency are plugging directly into each other’s systems to match loads.
Among the findings: The serious injury rate in some facilities is double the national average for the warehousing industry, and for every $1 in wages, Amazon workers receive 24 cents in public assistance.
A proposed rule calls for the Commerce Department to determine whether certain technologies pose a threat to U.S. national security and prohibit those trade transactions.
The launch of Washington state’s first homegrown apple variety on Dec. 1 is getting the kind of star treatment typically accorded the release of a major Hollywood movie.
The implementation of Positive Train Control is the largest technology program deployed in CN history and they are already ahead of the game
Shipments of counterfeit driver’s licenses and blank card stock were discovered and seized by Customs and Border Protection officers at Louisville and Memphis mail facilities.
New joint venture replaces separate agreements
Outbound LAX Trucking Freight Futures remained weak on fundamentals after Monday’s trading session.
John Papageorgiou, Senior Product Manager at NEXT Trucking, sits down with FreightWavesTV’s Emily Szink in Chicago to talk about the company’s updated drayage marketplace.
This article is brought to you courtesy of NEXT Trucking The holiday shopping season is well underway even before Black Friday, as stores roll out promotions and shoppers look to […]
China’s exports to the U.S. contracted last month. Even so, slowing U.S. exports to its trade rival saw China’s trade surplus with the U.S. widen.
Jim Blaze writes about the power and influence of mentors on a person’s career and life.
Potential strategy to increase efficiency in a down market
Over the past two and a half years, Uber Freight, the freight brokerage division of Uber Technologies (NYSE: UBER), has already proven itself capable in two key areas for young […]
Schneider National has added a tool called Load My Truck that allows third-party carriers to instantly book loads at a click of a button. Also, Mexico has installed a recycled highway, and the Huawei controversy highlights cybersecurity concerns in the supply chain.
Normal rail service to resume on Nov. 27, ending a week-long strike that has shaken Canada’s supply chain.
Gross revenue and margins are in the most difficult stage of the cycle right now.
The Inter-American Committee on Ports leverages the combined influence of the national port authorities of its dozens of member nations to foster robust port development.
Animal rights groups call for the European Commission to ban the live transport of animals following the Black Sea tragedy.
Headcount within U.S. Class I rail operations tumbles amid declining rail volumes and the deployment of precision railroading.
The trade of Black Angus bulls is a global supply chain that needs a verification system, which can keep counterfeit beef from reaching the consumers’ table.
Proposed loan may run afoul of EC rules on state aid
Despite solid revenues, costs at CJ Century Logistics surged and the company has reported a third consecutive quarterly loss.
Taurus Investment Holdings sells its US logistics warehouse portfolio to Investcorp
