News

Taurus Investment Holdings sells its US logistics warehouse portfolio to Investcorp

For two years the software company’s sanctions screening failed to detect a Slovenian app store developer and its owner who were placed on the Specially Designated Nationals and Blocked Persons List.

Federal Minister of Agriculture suggests government would consider back-to-work legislation or binding arbitration for striking Teamsters members as disruption brings 37% in drop in Canadian National revenue ton-miles and worsening supply-chain conditions across the country.

Engine maker Cummins will lay off 2,000 workers in the first quarter of 2020, the latest impact of a trucking sector recession that is claiming jobs up and down the supply chain.

“The belief that technological advancements of labor-saving equipment will lead to long-term unemployment is a fallacy that can lead to great harm,” Pronto CEO says.

Daimler Trucks North America is recalling 2,725 Western Star brand 4900 and 5700 sleeper cabs from the 2016-2020 model years. About 4% of the recalled trucks are suspected of having an improper adhesive that could allow the vent windows to detach and fall from the trucks.

A look at today’s containerized ocean transport of alcohol via bottle, can, keg, flexitank and ISO tank container — and how this mix could change going forward.

The bill introduced by Sen. Dick Durbin (D-Illinois) would allow Amtrak to sue freight railroads for not giving Amtrak preference on freight rail-owned track.

Outbound LAX Trucking Freight Futures had a tough week on weak port data.

Conspiracy involved sale of offshore drill ship to Houston chartering company.

Price wars in e-grocery delivery hurt everyone; Pooping while u work at Union Pacific; Getting snazzy in delivery bots

The terminal wants to be an alternative for those needing intermodal services to the U.S. West Coast.

London-based Loadsure has joined the Blockchain in Transport Alliance. Learn more about Loadsure, as well as about the largest commercial blockchain alliance in the world.

Mark Lambert, who served as co-president of nuclear materials transport specialist TLI, will be sentenced by the District Court of Maryland on March 9, 2020.

Darren Prokop writes about the need for a solution to repair and improve the nation’s highways and bridges. What are the options and is there the political will to develop a solution?

Logistics service provider Europa Worldwide is constructing a state-of-the-art logistics facility in Midlands Logistics Park in Corby, England.

Chris Easter took over as interim CEO of Daseke in September and is now being tasked with leading a transformation of a company known for its acquisitions but whose stock price has struggled in the past year as cost efficiencies have not materialized.

CMA CGM reported solid results for the third quarter of 2019. However, those results were weighed down by the costs of financing its purchase of CEVA Logistics.

Platform Science headlines a list of freight-focused companies honored in the CNBC Upstart 100 list for 2019. Upstart 100 recognizes companies poised for breakouts as major disruptors.

Trucking and trade bodies are outraged by the ongoing tactics of container terminal operators to frequently hike already huge fees on trucks. Lobbying of government ministers is underway and even port operators are disappointed at the ongoing tactics of terminal operators.

An “unusually cold and potent storm for late November” will dump feet of snow in parts of the U.S. Thanksgiving week.

Bison Transport CFO addresses challenges in contracted freight but points to an encouraging uptick in Christmas business during Truckload Carriers Association event near Toronto.

FreightWaves is turning the volume up to 11 with a game-changing audio network that will make 11 star-studded podcasts available to its global listeners through the FreightCasts channel.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: CBP seizes $8.4 million in marijuana bust; Texas port opens its […]

Rail executives discussed short-term strategies for growing rail volumes amid expectations that volumes won’t pick up until well into 2020.

The housing and construction sectors are showing signs of life, giving truckers a rare hint of optimism for the coming months.

The first-ever highway partially made of reclaimed plastic was inaugurated in Mexico on Nov. 13. The 2.5-mile stretch of highway in the state of Guanajuato in central Mexico used 1.7 […]

The latest features in SONAR 5.0 make it the most future-focused version to date.

This week: Doctors stuff Aussie truckers full of opioids; Prime Ministerial funding splurge on infrastructure; tech and data standards action points identified; trucker accidentally crushes his own car; trucking tax hike fight won… sort of; DHL Supply Chain vows carbon neutrality.

Will California’s steps against parts of drilling technology cost some drivers their jobs?

Italian state railway balks at government’s failure to agree a deal

Environmental opposition and a glut of LNG are among the challenges facing a proposed Oregon natural gas pipeline and export terminal project.

Volvo Trucks North America will lay off about 700 workers in January, extending an industry pullback in production to match slowing orders of new Class 8 trucks.

Unit of Australian real estate firm Goodman muscling in to L.A. urban real estate construction market

More substantive talks could ensue in the four-year-old labor saga between Atlas Air and its pilots’ union after a federal appeals court ruled the union must abide by arbitration procedures.

Texas, New Jersey, Pennsylvania had most to lose if funding had been slashed.

Port of Los Angeles Executive Gene Seroka cautioned the port’s Board of Harbor Commissioners that even if a trade deal is reached with China, it may take months or years […]

Freight volumes sluggish despite Thanksgiving distortions

Workhorse Group has secured a $41 million loan in its third hedge fund deal in a year that the electric truck maker said will let it build out a backlog of 1,100 orders for lightweight commercial delivery vans.

This white paper examines ways to combat detention by looking at smarter detention management solutions to alleviate bottlenecks.

Trucking Freight Futures remained weak in the South and West on Thursday while the East strengthened.

CEO Andy Marsh talks clean hydrogen, a new push into on-road vehicles – and why China does not figure into the five-year revenue plan.

The railway seeks to extend its reach to non rail-served markets.

While most license applications related to the Chinese telecom are expected to be denied, news reports surface that some U.S. companies have started receiving approvals from the U.S. Department of Commerce.

Snowfall may be measured in feet in some parts of U.S. Thanksgiving week. Major transportation issues possible.

Federal Emergency Management Agency’s advisory board recommends a pilot of the blockchain-based registry to ultimately improve claim processes and disaster responses.

Engine manufacturer Cummins Inc. is shifting more production to plants in Mexico in preparation for updated requirements in the new United States, Mexico and Canada (USMCA) trade agreement. Cummins will […]

Demand could pick up next year, but U.S. elections are one of multiple potential pitfalls delegates at TIACA’s 2019 Executive summit heard this week.

Parents of girl killed in a truck crash on I-95 in Delaware have filed a lawsuit against the Memphis-based carrier and its driver.

The number of used Class 8 trucks for sale continues to grow as new equipment deliveries drain the backlog created during a 2018 order binge.

French freight matching startup FretLink has introduced new carrier-centric features in collaboration with equipment provider TIP and fuel card player UTA.

Memorandum of understanding inked on Nov. 20

Hydrogen fuel cell electric truck maker Nikola Motor and Chinese battery-electric truck maker BYD teamed up to make an emissions-free beer delivery to the arena where the NHL Champion St. Louis Blues play hockey.

Carl Bentzel will bring nearly 30 years of maritime legislative and policy background to the U.S. Federal Maritime Commission.

SCF Marine Inc.’s SEACOR America’s Marine Highway (AMH) unit has seen its business grow rapidly with the boom in U.S. plastic exports.

Transport Minister Marc Garneau insists that a deal between Candian National and Teamsters offers the best way to get trains moving again as walkout by 3,200 workers hits Canada’s supply chain and threatens the economy.

U.S. senator also wants Tesla autopilot feature improved or shut down.

Moving to a fixed quarterly RFP program with brokers has added consistency, accuracy and reliability to Bumble Bee’s relationship with intermediaries

“Sebastien is now forecast to become a hurricane. In the satellite era…[only] 7 Atlantic hurricanes have formed after November 20.”

On its way to Washington, “The People’s Tree” made a stop in the Scenic City.

Unsurprisingly, listed bulker owners insist fourth-quarter Capesize rate pressure will pass.

Saybrook Capital alleges that additional evidence shows how port and longshore union aimed to derail project.

No good news for carriers besides a slight surge in volumes leading into the late Thanksgiving holiday.

The agreement, which takes effect Jan. 1, will guarantee the import of 132,304 metric tons of U.S.-grown rice, valued at $110 million.

Stream your favorite FreightWaves content from your phone, tablet, or TV. Download the app today.

TTN is there for the ‘overflow’ of truck-related accidents and breakdowns that trigger headaches for many fleets.

A few holdouts have yet to make the transition from AOBRDs to ELDs.

Trucking Freight Futures turn bearish on Wednesday as South and West lanes slip.

Trucks again carried the majority of cross-border imports and exports during the month of September, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). Cross-border truck freight […]

The railroad has completed the rollout of a cloud-based operational system.

R. Eddie Wayland, TCA Legal Counsel We have previously discussed the Boeing decision of the National Labor Relations Board (NLRB). In that decision, the NLRB changed its approach to determining […]

The Blockchain in Transport Alliance announced it will participate in two blockchain proof-of-concept projects in the coming months. The organization’s working groups also provided updates on the progress of standards development at its BiTA Symposium Chicago on Nov. 14, 2019.

Another foot of snow to pile up today in parts of Rockies, Great Basin. More travel trouble for truckers.

Private sector will be allowed to move and store cannabis headed to retail stores in Ontario, easing the provincial government’s unpopular distribution monopoly.

Americold Realty Trust continues to grow its temperature-controlled storage footprint through acquisition. The company looked north of the border for its latest deal.

U.S. export compliance advisers recommend exporters be realistic in their expectations with regard to the department’s license approval process for the blacklisted Chinese telecom.

Kayla Matthews writes about the changes coming to the shipping and logistics industry as IMO 2020 takes effect in less than six weeks.

Every day, more than 40% of all truck drivers on the road use an hour or more of productive driving time to search for a secure parking spot before their hours of service run out.

In two unrelated announcements on Nov. 20, CP lays out plans to deepen network capacity.

The National Customs Brokers and Forwarders Association of America picks Whitmer & Worrall after longtime Capitol Hill representative Jon Kent announced his retirement in September.

Inside the Box celebrates the culture of badass logistics companies and the cities in which they thrive. On this episode, FreightWavesTV visits Echo Global Logistics in Chicago. There is a […]

Eyesight Technologies has taken driver-distraction monitoring to a new level with the ability to trigger driver and fleet alerts when cellphone usage or in-cab smoking is detected.

This white paper shares how companies can work to take full advantage of everything that smart trailers offer.

Freight forwarder Kuehne + Nagel is acquiring Rotra, a company with roughly 800 employees and an annual revenue of over €100 million.

Judge finds Ohio logistics firm on the hook for $300,000 in lobster heist.

Traffic volumes emanating from Turkey are robust

Continental AG is looking to rapidly restructure its workforce and phase out production plants to catch up with new-age mobility options like electric and connected vehicles.

In what appears to be a trend, another transport and logistics company has reported a weak overall year-to-date but with a steeper downward dive in the third quarter. Retail logistics specialist LBC Express revealed a small loss in the third quarter of the year against a background of rising revenues.

Lorenzo Shipping took drastic action to begin stemming its losses. But the emphasis is on “begin”. There’s still a long way to go, as Lorenzo is currently on track for a multi-million dollar loss

The bottom line: According to the CaseMetrix data, the average verdict against a trucking company in 2012 was about $2.6 million. Now it’s more than $17 million. 

Freight data confirms that container lines are increasing their flows to the U.S. East Coast at the expense of California ports.

Proposal could undercut “hundreds of millions” spent on connected-vehicle infrastructure

CBRE sees slowing but still-strong U.S. industrial real estate market

Democratic candidate Andrew Yang also proposes a $1,000-a-month “universal basic income” for workers displaced by automation.

U.S. rail volumes continue to slip as rail executives see muted peak season.

Data reveals how container pricing may have suffered collateral damage from the trade war.

“Getting your carriers’ speed and HOS data comes with major risks to your brokerage,” according to Cassandra Gaines.

API, or application programming interface, may soon become a common three-letter word in the air cargo space by making the booking experience similar to shopping on Amazon.

Uni-Top expected to restructure

Chainyard’s blockchain solution responds to a common pain point: qualifying hundreds of carriers is a convoluted and inefficient process.