News

Focus on profitability over market share bears fruit for Danish container shipping giant.

India’s largest commercial ports operator, Adani Ports, reported a substantial increase in its company and port-segment revenues. Company and port-segment profits have also markedly increased.

Legislation would require FMCSA to step up efforts supporting women

U.S. rail volumes have been trending lower all year.

ESG investors are shunning shipping stocks, but dividends should bolster total returns.

Freightos, the world’s largest freight marketplace, sees transparent pricing of international freight benefiting shippers and forwarders alike.

Over 50 of today’s most innovative and disruptive companies in the logistics industry stepped on stage during FreightWaves LIVE Chicago to present live product demos.

Trucking, tariffs and global trade issues were part of a conversation with Lee Klaskow at FreightWaves LIVE in Chicago Nov. 13. Klaskow, a Bloomberg Intelligence senior analyst, specializes in freight […]

Mixed economic data and lower volumes prompt no movement in this week’s DHL Supply Chain Pricing Power Index.

Danny Wan, just named executive director of the Port of Oakland says the agency needs to plan ahead for the possibility that the economy may slow.

Lack of volatility on Wednesday keeps the Trucking Freight Futures markets generally flat.

Jim Blaze writes about the North American railroads KPIs, and what the railroads need to do to increase railcar use, revenue and shipper loyalty.

Proposal is part of $1.3 trillion infrastructure plan

Walmart Canada will use DLT Labs blockchain-based Asset Track solution to better track freight and speed payment with its third-party carriers in Canada.

To increase development and deployment of real-world blockchain projects, the conversation needs to shift towards the value blockchain can provide rather than the technology itself, said Dr. Mary Lacity, director of the Blockchain Center of Excellence at the Walton School of Business at the University of Arkansas.

The ongoing U.S.-China trade war has illuminated the value that these intermediaries bring to properly classifying, clearing and paying duties on Chinese goods entering the country.

Minor delays in freight movement possible due to lake-effect snow, showers and thunderstorms, slick roads.

Daimler is cutting jobs citing global economic slowdown and emissions fine; German economic growth exceeds expectations; U.S.-China limited trade deal is still unsigned.

A look at Veterans Day record setting snowfall across U.S. cities.

USPS sees fiscal 2019 shipping volumes stagnate as it posts massive net loss for year

Gregg Mitchell promoted to new role after serving as chairman for Trinity’s highway products and logistics group.

The world’s largest retailer, Walmart, reports quarterly results ahead of expectations and raises its earnings outlook for fiscal 2020.

Brian Aoaeh writes about ongoing efforts to fight food waste by improving food supply chains.

Digitalizing roadside assistance will help customers get quicker service, while service providers and garages/repair shops can track progress in real-time to ensure high customer satisfaction.

Truckstop.com CEO dives into Book It Now and how the company plans to reduce friction between brokers and carriers.

This is the final installment in a series of videos produced by FreightWaves and SmartDrive, recorded at the recent SmartDrive Customer Conference in Atlanta. FreightWaves editor-at-large John Kingston discussed several […]

Real estate is benefiting from the growth of e-commerce, where the supply chain is evolving from a cost center to a revenue generator.

Sune Stilling, head of Growth for Maersk, right, said the investment fund is focused on companies that keep the customer — not a billion-dollar valuation — in mind when developing their solutions.

Hunter Harrison’s timing was perfect for someone breaking into the rail transport industry, bestselling author Howard Green, who penned “Railroader: The Unfiltered Genius and Controversy of Four-Time CEO Hunter Harrison,” […]

New Jersey is the newest battleground for motor carriers that use owner-operators, as the state Senate takes up legislation aimed at limiting what workers can be considered independent contractors. On […]

CEO tells FreightWaves the U.S.-China trade war has transformed the trans-Pacific trade and customers are receptive to paying IMO 2020 bills.

Loss-making flag carrier plagued by high operating costs, fuel prices, currency exchange and older fleet.

TTN Fleet Solutions Executive Vice President Tyler Harden discussed TTN’s vast network for roadside assistance with FreightWaves CSO John “JT” Engstrom.

Data and partnerships are critical elements to helping shippers move through the ongoing technological revolution in freight.

In order to compete with other industries, carriers need to offer drivers a way to get what they are looking for out of the job, whether that is home time, upward career movement or ownership opportunity.

Navistar will book a $140 million hit to fourth-quarter revenue because of the six-week United Auto Workers’ strike at General Motors.

Rusnak conducted the most substantive machine learning in logistics presentation this writer has seen,

The Truckload Carriers Association, in conjunction with the TCA Profitability Program (TPP), offers a new, virtual, interactive learning experience available to all professionals in the trucking industry.

Shippers will have more reason to “luv” Southwest Airlines when they get the same treatment as passenger baggage for tracking cargo with bar codes.

Revenues were down, costs were flat, profits were down. It was largely an unhappy first half financial year for Singapore Shipping.

Digitalization has taken hold across every aspect of the trucking industry, from the back office and receiving dock, to the drivers, trucks and trailers, making it difficult for carrier and […]

Hospital supply chains overspent to the tune of $25.7 billion in the 2018-2019, study finds

Pan Ocean, a mixed-fleet ocean shipping carrier, reported a double-digit revenue decline but experienced a double digit surge in profits in the third quarter of 2019 when compared to the third quarter in 2018.

FreightWaves CEO Craig Fuller joins the ‘On the Spot’ crew at FreightWaves Live in Chicago to deliver the weekly freight rates report.

The Chicago-based 3PL and TMS provider has launched a consulting service to help companies integrate its RedwoodConnect 2.0, and added two senior executives to promote IT strategy.

Hundreds of flight cancellations, multiple highway accidents in Midwest as record-setting snowfall makes mess of Veterans Day.

The Truckload Carriers Association, in conjunction with the TCA Profitability Program (TPP), offers a new, virtual, interactive learning experience available to all professionals in the trucking industry. The Truckload Live […]

Frank McGuigan, CEO of Transplace, in a wide-ranging discussion at FreightWaves LIVE Chicago, detailed Transplace’s current status, market conditions, and how technology is driving an outcome-based business.

Vehicle and shipment tracking has undergone a revolution since the days of check calls, but more value needs to be provided to carriers to take it to the next level.

The tech uproar created a prime environment for startups to enter the space, providing innovative products and disrupting the status quo.

Amazon bars Priority Mail traffic for seller-fulfilled shipments unless merchants buy the postage through it

Yang Ming Marine Transport Corp. (TWSE:2609) said it had lower revenue and a larger loss in the third quarter of 2019 than in the same period last year. But the […]

Trucking Freight Futures remain quiet on Tuesday as the markets look for fundamental drivers

The regulatory agency for rail receives a flurry of feedback on rail rate reasonableness and demurrage and accessorial charges.

WISTA International members take on IMO 2020, alternative fuels and pollution-reduction enforcement at annual meeting.

Hapag-Lloyd says addition of a sixth ship to one of its U.S.-flag transatlantic services will improve reliability.

13.5% of trucks inspected in U.S., Canada placed out of service.

In an industry in which every minute counts, all players can see big returns when one member of the supply chain integrates innovative technologies and efficiencies into its processes.

CHICAGO – The technology transformation that’s underway in freight transportation is badly needed to eliminate billions of dollars in annual waste and improve service for shippers and carriers of all […]

Another foot of lake-effect snowfall possible in parts of the Midwest. Icy spots, too, from Montana to Maine.

Lean Tech brought the Wolf of Wall Street to FreightWaves LIVE.

FreightWaves donates new Daimler Freightliner Sprinter delivery vehicle to Jayson Gonzalez so he can continue his successful donut delivery venture in Minnesota.

As truckers retire or want to pursue less-physically demanding careers, Thomas hopes to create 3-9 month certification programs through the Center for Advanced Mobility.

Plus: Amazon takes a hit in Seattle; the first all-electric mobile health lab

Hunt thinks that an additional 7 to 11 million loads per year could shift from the highway to intermodal.

This year’s list includes 16 returning winners from last year’s awards and nine first-timers.

With the challenges carriers face involving communication, consistency, managing productivity, finding and matching loads, and many more issues, there is a rise of logistic companies offering solutions for both shippers […]

In a recent auto awards function in Germany, Elon Musk outlined Tesla’s plans of setting up its fourth Gigafactory in Berlin.

Maersk, MSC, Hapag-Lloyd and COSCO will be the main market share “losers”, says Alphaliner.

Boston’s freight move thru New York? No suh, because the Hub is best served by its own.

Founded by Dan Lewis, CEO, and Grant Goodale, CTO, in 2015, Convoy has closed a $400 million Series D round of funding, bringing total funding to $668 million to date and valuing the company at $2.75 billion.

Although air freight prices have been edging upwards, sources suggest the 2019 peak season might be short-lived.

Brexit-driven scramble for supply chain properties continues as Tristan plans $165 million investment in Dutch logistics platform.

As truckers wrestle with a new California law, AB5, that seeks to limit independent contractors, a trucking organization based in the state has filed a new challenge to a sweeping labor law that will affect them on Jan. 1.

FreightWaves CEO Craig Fuller and Dynamo Ventures partner Jon Bradford shared their insights and opinions on the digital freight brokerage industry and its investors.

It’s a largely good set of third-quarter results for the Philippines-based but globally operating container terminal operator ICTSI. “Strong financial performance,” says President and Chairman Enrique K. Razon. On a nine-month basis, the growth surge is pronounced.

Technology that helps you get the most from your drivers, trucks and trailers was in the spotlight at the Rapid-Fire Demonstrations on Tuesday at FreightWaves LIVE Chicago. The seven-minute, live […]

Technology to help with freight asset operations, sales and technology integration highlighted the third block of demonstrations at FreightWaves LIVE in Chicago on Nov. 12. WinMore is a provider of […]

Ryan Rogers, chief transformation officer at Covenant Transportation Group, said the online retail giant has challenged the movers of goods as to what is possible.

Advent Intermodal is seeking to increase transparency along the Panama “land bridge” between the coasts.

The Uberization of Freight has come to mean many things, but to Uber Freight Senior Director Bill Driegert, it means relieving pain points for carriers and shippers.

Radiant Logistics posts a good quarter, but warns that peak shipping season isn’t shaping up heading into the holidays.

CEO Michelle Halkerston has initiated technology investments and initiatives that will raise the profile of her company’s large domestic air freight forwarding operation.

TrinityRail has two new railcars: the Hourglass™ and the TrinFlo™.

The Trucking Alliance’s managing director Lane Kidd told Craig Fuller on Fuller Speed Ahead that technology could be used more effectively by the industry to improve safety.

Trump administration divvies up 55 BUILD grants among 35 states

At the end of the day, logistics is still simple: “Take care of the customer and the rest will take care of itself,” Findley said.

A study released by autonomous truck startup Ike suggests that instead of eliminating jobs, some approaches to automation shift the task from long-haul to short-haul jobs for drivers.

Airline and union reach truce

Third-party logistics providers must be ready to optimize data, streamline communications and never stop evolving to be successful in today’s marketplace, said Mike Powell, chief technology officer of Chicago-based SEKO […]

Trucking Freight Futures Markets were little changed with light holiday interest.

SONAR 5.0 has new maps, alerts, rate predictions, and air and ocean data.

Aramco’s breakeven cost is below $10 per barrel; Alibaba registers $1 billion in sales in 1:08 minutes on Singles Day; Chinese pork imports at an all time high.

Rachel Premack, a rising transportation reporter at Business Insider, has become a champion among truck drivers for covering the issues from their perspective.

Risks based on cargo moving through Los Angeles/Long Beach ports

Mark Rourke, CEO of Schneider National, right, told George Abernathy, president of FreightWaves, that a series of regulations hitting the industry will affect expenses or cut capacity, during his time on stage at FreightWaves LIVE Chicago.

The railway hauled record grain and grain products volumes in October.

The future of freight brokerage is a renewed focus on people.

Up to a foot of lake-effect snow possible from Midwest to interior New England. A lot of messy roads, runways.

The stagnation suggests that only the most die-hard ELD holdouts are still clinging to their old devices.