News

Companies like Safe Bulkers are booking their ships at considerably higher rates, yet investor interest remains muted.

Resit Tavan, owner of Istanbul-based Ramor Dis Ticaret Ltd., will spend 27 months in jail for conspiring to export U.S. marine equipment to Iran.

Europe’s air cargo industry has not been the quickest when it comes to embracing the digital world, but efforts are being made to catch up. A series of carriers have […]

President Cyril Ramaphosa pledges to crack down on xenophobic violence, which has claimed the lives of more than 200 foreign truckers since 2018.

Editor’s note: Kenneth Smith Ramos is a former chief negotiator for the United States-Mexico-Canada Agreement for the Mexican government. He is currently a partner at Mexico City-based Agon, Economía, Derecho, […]

The Office of Foreign Assets Control said additional trade regulations will take aim at the Nicaraguan president and his regime for the ongoing use of violence against the country’s people.

Ports, coastal communities in southeastern U.S. still at risk from Dorian damage through rest of the week.

Navistar International Corp. blew past revenue and earnings estimates for its third fiscal quarter. It is reducing production but expects to gain market share in a softening market.

The Amsterdam airport did report an €18 million year-over-year increase in revenue for the first half of 2019.

How to avoid breakdowns and repairs with preventive maintenance

FreightWaves CEO & Founder Craig Fuller talks with Richard Greening, the Global Technical Director for the DDC Group. The DDC Group provides digitization and processing of freight related documents for logistics companies.

Although consumption rates in Europe have remained durable and kept cargo demand reasonably buoyant this year, the U.S.-China trade war and ‘Brexit’ are casting dark clouds over the European economy […]

Auto manufacturers remain a proponent of autonomy, even if what they’re manufacturing are varieties of electric scooters and bikes.

Forwarders and ocean carriers are betting a major holiday in Asia and seasonal inventory building at U.S. retailers will provide a boost to container shipping rates. Despite the short-term bump, […]

FreightWaves has become the number one source of data and market insights in freight for one reason: our people.

U.D. Trucks, the Japanese unit of Swedish truck maker AB Volvo. conducted the first test of an Level 4 autonomous truck in the island nation. The test run at a sugar processing facility in Hokkaido prefecture is partially aimed at addressing a shortage of truck drivers worsened by an aging population.

USPS’ impending exit from Universal Postal Union could send international air parcel rates soaring

When we first launched the inGauge Benchmarking Platform, one of the most frequent questions I was asked was “How do you calculate Driver Turnover?”

Canadian government and airport authority to invest in air freight and logistics at Montréal–Mirabel International Airport, the main production site for the Airbus A220.

The railroads say customers should expect delays and rerouting because of the hurricane

Sixth largest container shipping firm cites Asian demand for fresh food as prompting the move.

Waiting until the last minute to switch from AOBRDs to ELDs could cost carriers time and money.

South Florida’s customs brokers and forwarder employees begin returning to their offices, with the region mostly avoiding the damaging effects of the hurricane.

Do U.S. corn producers have an opportunity to sell more to Brazil for ethanol production?

Staying on top of repair and maintenance is one of the most important elements in securing your truck’s lifespan.

Market Voice Jim Blaze contents that railroads are using the wrong KPIs to increase volume and capture market share from trucks.

Chris Henry, Program Manager, TCA Profitability Program IMAGE: JIM ALLEN/FREIGHTWAVES A weekly review of the Key Performance Indicators (KPIs) that all trucking companies should be tracking on a daily, weekly […]

American Trucking Associations President & CEO Chris Spear sits down with Craig Fuller on this episode of Fuller Speed Ahead.

Trucking Freight Futures lanes in and out of ATL up significantly in fear of Dorian

Rates and rejections into the Southeast are elevated as trailers and tractors are staged for disaster relief.

Cross-border truck freight with Mexico dipped 1 percent in June, compared to the same period in 2018, according to recent data from the U.S. Department of Transportation’s Bureau of Transportation […]

Ruling considered a win for trucking companies.

How tariffs played a role in Amazon deforestation.

There isn’t a driver shortage. In fact, there is a glut of capacity on the road, and not enough freight to haul.

As a medium of shared mobility. e-scooters are finding wider acceptance in Germany, but it is yet to be seen if they can decrease street traffic.

China will file a dispute at the World Trade Organization (WTO) regarding U.S. tariffs across approximately $263 billion worth of goods from China in annual import value, China’s Commerce Ministry […]

Northeast Florida readies for Hurricane Dorian, Uber and Lyft offer free rides, Georgia ports remain closed and UPS issues pickup and delivery advisory.

China has begun probe into charges FedEx handled restricted knives bound for Hong Kong

The price of new IMO 2020-compliant low-sulfur fuels is already 30% higher than fuels currently in use, but costs will rise further as the Jan. 1 deadline approaches, says consultant

Major hurricane Dorian still on track to damage southeast U.S. coast.

The BIS Office of Export Enforcement has “revealed schemes” by Pakistani entities attempting to acquire U.S. technologies to support the country’s nuclear program.

OFAC has added two Taiwan entities and another in Hong Kong, as well as their managers, to its list of sanctions for illicit ship-to-ship transfers of fuel to North Korea.

Nikola Corp. expects to raise more than $1 billion in its Series D runding raising. That starts with London-based CNH Industrial that invested $250 million in cash and in-kind help.

Air cargo volumes dropped again in July, but may be stabilizing based on new data.

TruckIT connects dump truck supply with demand through its marketplace, which helps contractors to plan their needs better and truckers to make more money in the process.

The London-based startup is helping ships to optimize their port docking time, allowing them to sail early and save on fuel by sailing slower.

Leveraging a TMS helps shippers improve their operations, but it can also ensure the carriers hauling their freight meet all regulations and adhere to contracts.

Maersk, Hapag-Lloyd, HMM and OOCL have announced plans to impose penalties on shippers.

After 35 years representing the National Customs Brokers and Forwarders Association of America on Capitol Hill, Jon Kent has decided it is time to retire.

Hurricane Dorian’s approach upward along the U.S. Southeast coast will shutter maritime and rail assets throughout the region during the week.   Dorian was located just 100 miles off the Florida […]

State officials begin reversing highway lanes ahead of hurricane’s near-hit of Florida, Georgia and South Carolina. While the National Hurricane Center says the storm isn’t projected to make landfall, it warns there is plenty to worry about, including tornadoes and flooding.

In anticipation of Hurricane Dorian, hundreds of trucks delivered trailers laden with supplies for FEMA to Maxwell Air Force Base in Montgomery, Alabama. FreightWaves photographer Jim Allen captured the images from inside the base, showing the logistics involved in preparing for a hurricane.

A study sponsored by Canadian dockworkers has tried to quantify the impact of container terminal automation.

U.S. National Hurricane Center extends hurricane watch as Fort Lauderdale-Hollywood International Airport closes in response to tropical storm-level winds.

Customs and Border Protection announced that it will suspend operations at the two Georgia seaports for Sept. 3-4 with the approach of Hurricane Dorian.

If Sea-Land founder Malcom McLean is recognized as the “father of container shipping,” then surely Charles Morgan should be deemed the “father of integrated shipping” since he was the first […]

Star Van Systems, with 55 dedicated Canada-Florida runs per week, had prepared for the worst, but now may get an uptick on southbound freight as the hurricane appears headed for Georgia.

Port Everglades has received approval to allow petroleum trucks to continue making deliveries to retail gas stations until early Monday morning or until winds reach 35 mph.

C.H. Robinson has executed thousands of shipments into Florida since Thursday.

FreightTech venture investing is super hot, but most of these startups continue to lose money. Is this a fad or something else?  Last year, FreightWaves created a FreightTech Venture Index […]

With enough investor capital and vision, profit might not matter as much as analysts think.

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Laredo pushes Mexican government for more air cargo; Cargo theft continues […]

The digitization of the supply chain industry has been all the buzz in recent years. From lumpers on the freight docks in Erie, Pennsylvania to the Patagonia-clad investors of Silicon Valley, everyone seems to be talking about technology “disrupting” logistics.

The U.S. Army is conducting live-fire testing on an armored heavy-duty dump truck from Mack Defense, the first of up to 683 trucks included in a $296 million contract.

A sewage truck met a watery end in New South Wales; regulators in NSW have improved port access; National Transport Commission overhauls assurance framework; ATA wants truck drivers to be treated humanely; and K&S announces profit slump and sale of Regal General Freight.

2019 has been more challenging for trucking companies than any other non-recession year. Here is why.

Two San Juan, Puerto Rico container terminals can merge but will be subject to additional scrutiny by the Federal Maritime Commission.

Both retailers and FEMA are taking a wait-and-see approach to the storm at this time.

Many of Florida’s customs brokers and freight forwarders already have taken measures to protect their business operations from what could be a hard-hitting storm on Labor Day.

U.S. crude output, according to one estimate, is now at 12.5 million barrels per day.

Third largest carrier reports rebound in results, partially thanks to rates and partially to subsidies.

One of the most important issues will be the reauthorization of the federal highway bill, also known as the FAST Act. 

Ship traffic has not yet halted, but vessels warned to find shelter away from local ports.

The study adds fuel to the debate over what defines an employee vs. a contract worker.

Miami saw the biggest increase in activity this week, followed by Cleveland and Newark.

The engine displacement in Class 8 commercial tractors is expected to drop in coming years as stricter federal emissions standards take effect in the next decade.

There are more shortages of gasoline but diesel has some problems also.

The line serves communities in western New York and eastern Canada near the St. Lawrence River.

Freight Futures lane to watch today: ATL to PHI

The Office of the U.S. Trade Representative (USTR) is accepting comments through Oct. 31 on foreign barriers to exports of U.S. goods and services, U.S. direct foreign investment, and protection […]

TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner IMAGE: JIM ALLEN/FREIGHTWAVES Have you ever heard the saying, “there’s no time like the […]

GDP growth hits 3.7 percent on trade surge, but patches of weakness in householding and business spending paint a mixed picture.

Big box retailers rush pre-positioned goods to stores in Southeast to help customers cope with Hurricane Dorian.

With Hurricane Dorian bearing down, Customs and Border Protections’ 2,500 staff in Florida, as well as its various marine and aircraft assets, are prepared to respond.

Shippers, carriers hurry to get freight out of Florida ahead of Hurricane Dorian.

A direct hit on both Freeport and Miami would compound fallout for ocean shipping.

Uber Freight makes it a point to meet drivers and carriers where they are.

By the beginning of 2021, Nexxiot expects that all 125,000 ULDs supported by Unilode will be fitted with a digital twin.

The new interface was designed to increase speed, accuracy and efficiency.

Plus: BP quits Alaska; Tesla stock rebounds; trade war hits toy stores.

FreightWaves Radio is turning its entire two-hour show this weekend over to coverage of Hurricane Dorian and its impact on trucking and other supply chain issues. As the storm roars […]

Beijing Mercedes-Benz Sales Service is collaborating with blockchain company PlatOn on a platform that calculates vehicle residual value based on static and dynamic data from vehicles.

Ocean carriers are deploying ever-larger box ships to drive down slot costs and emissions per unit. But they are sacrificing their own flexibility and are driving up costs for ports and truckers. Overall, the hoped-for benefits haven’t appeared and may even be a net negative, analysts say.

Tender rejections have spiked over the last few days, specifically the Dakota regions and western Minnesota.

J.B. Hunt imposes peak season intermodal surcharge to recoup costs of returning empties

FedEx acquires Colombian freight forwarder, customs broker

Logistics and transport sector ramps up contingency plans for Hurricane Dorian, while continuing to operate until better forecasts are available.

Retailers of heavy goods like furniture face the same e-commerce delivery pressures as retailers shipping parcels, survey finds

COSCO Shipping Ports (HKEX: 1199)  reported higher revenue and volumes for the first half of the year. But the spin-off of a stake in one of its port assets and […]