U.S. continues sanctions break for Swedish refiner with Venezuelan ties
The Office of Foreign Assets Control on Oct. 17 extended the general license for Nynas AB that is 50% owned by Venezuela’s state-owned oil company, Petrόleos de Venezuela S.A.
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The Office of Foreign Assets Control on Oct. 17 extended the general license for Nynas AB that is 50% owned by Venezuela’s state-owned oil company, Petrόleos de Venezuela S.A.
Threat for “life-threatening” storm surge and coastal flooding in Florida this weekend due to tropical system in Gulf.
The U.K.-based logistics company has been given due diligence access to the scandal-plagued trucking firm’s accounts.
Connectivity, electric trucks and autonomous vehicles were highlighted by Peter Voorhoeve, president of Volvo Trucks North America (VTNA) at Transport Expo ANPACT 2019. The event, which is being held in […]
Meal-kit delivery company HelloFresh leverages data from last-mile movement and consumer feedback to make its deliveries precise and error-free.
Plus: Waymo goes to Paris; 12% of Americans responsible for two-thirds of all airline emissions.
Payment visibility is a proven builder of carrier loyalty.
Trailer orders in September were the highest since February, suggesting another strong year of production in 2020.
Terminal operator joins TradeLens as it looks to align with ocean carriers and provide better box tracking.
Company eyes cross-border volume growth and efficiency improvements.
Swedish truck maker AB Volvo reported higher third-quarter profits and sales on Friday, October 18. But it warned that orders for new trucks in North America and Europe continue to decline and a strike at its Mack Trucks unit could pinch profits depending on how long it lasts.
The owner of a Kentucky-based trucking company filed for bankruptcy protection following a slew of lawsuits filed after one of his drivers was convicted of causing a fatal crash that killed six people in June 2015.
French calls for mandatory slow steaming continue, but the introduction of low-sulfur bunkers could see container lines accelerate services as fuel markets are played for competitive advantage.
Executives from Parade, CoLane, Forager, and Trucker Tools discussed the current state and future of brokerage digitization.
A wide-ranging roundtable discussion on the implementation of precision railroading will highlight FreightWaves Radio on SiriusXM Road Dog Trucking the weekend of Oct. 19-20. The show will bring together two […]
Japan’s freight industry is set for a downturn on the back of declining economies in the U.S., China and the Eurozone, new research reveals.
The car carrier Golden Ray, which ran aground and capsized while it was leaving the Port of Brunswick, Georgia, on Sept. 8, will be cut up in place and removed.
Storm poses “possibility of life-threatening inundation from rising water moving inland from the coastline.”
UPS has entered the flat-rate pricing game, trying to do things differently than its chief rival.
Marten Transport posted its best-ever third-quarter operating revenue and operating income in the company’s 74-year history in the third quarter of 2019.
FreightTech, mobility and trade on tap in discussions drawing a mix of industry titans, emerging players and luminaries during FreightWaves’ high-tempo two-day conference in Chicago.
GlobalTranz has added to its portfolio with the acquisition of Chicago-based Global Freight Solutions.
Parent of Gecas is winding down aircraft leasing operations
Story updated at 5:01 p.m. to reflect correction for passenger costs. United Airlines [NASDAQ: UAL] expects to drive down growth in operating expenses starting next year by replacing smaller aircraft […]
The impact of a United Auto Workers’ strike at Mack Trucks will nearly double next week when Volvo Trucks North America lays off about 3,000 employees because of a lack of engines and transmissions that come from a Maryland plant the companies share.
Turkey has the next five days to maintain the ceasefire against Syrian and Kurdish forces before the U.S. sanctions are removed.
Continental has partnered with SAP to standardize its manufacturing processes and gain real-time visibility into floor operations.
Fleets have been investing in safety technologies, but the public does not seem to be recognizing this fact, with the majority of Americans believing they are safer drivers than most truck drivers.
Maryland congressman was staunch supporter of the Jones Act and U.S. flag shipping.
Fundamentals in the Atlanta market a key driver for East regional Trucking Freight Futures on Wednesday.
by Ray Haight, TPP Retention Coach I have done a dozen or more Retention Action Plan rollouts over the past couple years and one of the key questions that I […]
It’s the first step in a broader plan to transform the site into an emission-free freight terminal.
Weak tender load volumes and rejections this week push the index toward shippers.
West Coast forwarders and customs brokers discussed blockchain, e-commerce, big data and Section 321 at their annual WESCCON gathering.
With U.S. rail volumes still slumping, the Class I railroads wondered in third-quarter earnings calls when the downward trend would end.
Instead of providing square footage for dine-in customers, five restaurant operations will use the kitchen solely to prepare the food for delivery through DoorDash’s app.
Nor’easter keeps cranking today. Additional power outages, roadblocks likely across New York, New England.
The Hong Kong Human Right Rights and Democracy Act, which unanimously passed the House of Representatives on Oct. 15, puts pressure on Hong Kong to uphold U.S. export controls.
UNICEF continues delivering thousands of gallons of water per day as relief agencies struggle to continue operating amid Turkish offensive into Kurdish-controlled territory.
Could new tariffs derail solid rate performance in the trans-Atlantic trade?
Probable investors Atlantia and FS seek concessions
Rationalizing additional network assets is still a possibility in 2020.
Cabin crew union in dispute over pay and pensions
Industry veteran picked to head one of the largest U.S. East Coast terminals, which is undergoing upgrade.
This is another 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 key issues […]
IAG Cargo partners with Cargo Signal
Brexit is now only two weeks away but the dangers facing truckers and shippers continue to mount.
Moving billions of dollars in coins and currency around the U.S. is a precise operation, but it doesn’t always go as planned.
A boost to demand from higher commodity volumes and a reduction in supply owing to IMO 2020 low sulfur fuel regulations are giving a boost to the international dry bulk freight markets, says Hong Kong ship operator Pacific Basin (HKEX: 2343).
In our ongoing efforts to educate our members on legislative and regulatory efforts in both Canada and the U.S., TCA will once again be presenting the Bridging Border Barriers (BBB) event to facilitate discussion and learning.
Port of Oakland has seen an uptick in volumes this year and is optimistic about remainder of 2019.
Despite revenue miss. IBM continued over two straight years of earnings beats.
eTrac, CLDA enter partnership to draw more last-mile carriers into eTrac database
Polymer Logistics, which produces reusable packaging and display solutions, is being acquired by Tosca, a U.S.-based supply chain solutions provider.
Democrats, labor consider California’s AB5 a “good first step”
The eastern U.S. railroad declined to share its expectations for 2020 but said it would be prepared should rail volumes rebound.
To reduce labor turnover, businesses will have to understand the needs of their workforce and look to innovate and optimize activities in and around the warehouse vicinity.
Air Canada said Wednesday that it has removed the Boeing 737 MAX from its flying schedule until February 14 because ongoing regulatory uncertainty could cause problems as it launches a […]
“Electric cars are part of the solution, not the problem.”
A judge recently declined to reduce the jury award of $26.5 million and refused to grant a new trial in a fatal road-rage crash in Oregon.
East Trucking Freight Futures on Tuesday continued to lead a lackluster market.
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner There are many hot-button issues in the U.S. press right now, but the one […]
Condor cargo operations will be business as usual
Stephen Laskowski, president of the Canadian Trucking Alliance, calls out “small but growing” segment of the trucking industry that is circumventing regulations, including the practice of intentionally misclassifying employee-drivers as contractors
VLCC rates have rapidly fallen from over $300,000 per day to around $125,000 per day.
Coastal flooding, 60-mph winds possible as Nor’easter makes beeline toward I-95 corridor. Freight delays on the ground, in the air likely.
Kayla Matthews explains some of the global uses of blockchain in logistics and supply chain.
A U.S. Coast Guard investigation in February discovered the Nederland Reefer’s chief engineer had devised a scheme to illegally dump oily bilge into the sea.
Market Voice Brian Aoaeh has a fascinating interview with Wolfgang Lehmacher,, an expert on global supply chains (and much more)!
A new study says that proactively managing the electric grid by utilizing excess capacity in electric vehicle batteries could ease peak demand and lower overall costs for all electric users.
The explosion and fire were near a refinery, but initial reports that they were at a refinery were incorrect.
September saw China record its lowest monthly export growth to the U.S. since 1996 as the trade war inflicted more damage.
World’s second largest container fleet continues push with ultra-large container ships.
Court filings show that FTI, the Canadian sibling of HVH, had more than C$18 million in debts including C$16 million to U.S. Bank in one of the country’s few documented trucking failures of 2019.
The move follows a failed attempt to pass a cap-and-trade bill in the state legislature.
There’s freight to be had in South Bend. Loads should be abundant and you should have no problem keeping your truck rolling.
J.B. Hunt Transport Services reports earnings light of expectations, but cost headwinds from digital platform transformation appear to be the primary culprits.
This story was updated at 7:40 p.m. EST, 10/16/19. Correction also made for percent drop in Delta’s cargo revenue. United Airlines [NASDAQ: UAL] reported cargo revenue dipped 4.7% to $282 […]
As a venture capitalist himself, Dan Conner shared what he believes every founder should know when seeking to raise capital.
DHL Express plans to invest 131 million euros ($144.5 million) to nearly triple the size of its package sort facility adjacent to South Korea’s Incheon International Airport to help keep […]
FedEx Freight goes national for its last-mile heavy freight deliveries
This shift in Amazon’s logistics should make brick and mortar competitors like Walgreens, CVS, Walmart and Target nervous.
Storm could soon “bomb out” over New England. Flooding, wind damage, air and ground supply chain delays to follow.
Government initiatives are encouraging the freight rail sector to address cyber threats. But what else needs to be done?
Prologis checks in with solid third quarter as macro trends remain strong
Large aircraft are included on the list of $7.5 billion worth of European imports that will be subject to new U.S. tariffs starting Oct. 18. That means U.S. airlines with […]
The carriers with the fewest trucks are also the least compliant, meaning the carriers with the most to lose are the same carriers that cannot afford to lose it.
National Trucking Freight Futures rates open the week lower on weakness in the East.
Market View commentator Jim Blaze writes about the advantages short line railroads offer to shippers.
IMAGE: JIM ALLEN/FREIGHTWAVES Lincoln’s Logs is brought to you by FreightWaves’ Lincoln Duff Hello and welcome to another edition of Lincoln’s Logs, where I point out some of my favorite […]
Market Voice Ben Thrower writes about electric vehicles – and their potential impact on the U.S. energy grid.
P.A.M. Transportation Services calls out GM strike as the primary reason the carrier failed to meet earnings expectations.
Surgeons save lives, but it is often the transportation and logistics companies working behind the scenes that make their jobs possible.
Knight-Swift Transportation lowered its third and fourth quarter 2019 guidance amid intermodal and truckload woes. However, some analysts find this as a reason to celebrate.
Flash Flood Watch for parts of the South today. Major flooding on parts of Red River in upper Midwest.
FreightWaves finds growing evidence that manufacturers and distributors are transferring operations from the U.K. to northern Europe.
dexFreight has successfully completed a blockchain pilot program that saw a carrier receive payment from the shipper within minutes of making a delivery. Plus, Rivian moves closer to electric truck manufacturing in Indiana, and Emirates SkyCargo adds e-commerce delivery.
The Trump administration takes aim at financial assets of Turkish government agencies and officials linked to military strikes in Syria, but Congress may legislate broader sanctions in the days ahead.
Kristy Knichel keeps a level head while growing the business her father started.
European shippers have joined with leading container line analyst Drewry to bring order to the “who pays what” implementation of IMO low-sulfur fuels.