News

Export and import volumes falling well below earlier estimates as economy slows and trade tensions rise.

Tech fulfillment companies thrive as demand for speedy delivery surges.

First-of-its-kind FAA approval allows company to expand beyond medical deliveries.

Authors Ben Mezrich and Hunter Green to share stories on how new tech ideas rattle and shake up the old guard.

Trucking and rail sectors decline as flat GDP report ends four-month growth streak, but analysts say fundamentals remain solid despite weakness in energy and mining.

SpiceJet cargo unit aims for listing

Large swings in futures front month prices as spot month “rolls” to October.

Sign up required to access database when it’s fully implemented on January 6.

The upgrades come as company and state officials eye anticipated volume growth at the Port of Savannah.

Customs and Border Protection issued holds on five products from five countries, requiring U.S. importers to re-export those products or provide additional information that they were not made with forced labor.

The World Shipping Council considers next steps after the U.S. Federal Maritime Commission on September 26 denied a part of its petition calling for the elimination of service contract filing.

Taken by themselves, recent safety concerns with Boeing aircraft might be seen as part of normal checks and balances. But in the wake of the 737 MAX accidents, any safety question is receiving extra public scrutiny.

Market voice Brian Aoaeh writes about how a company’s supply chain can help or hurt its image with its customers, the media and investors.

DHL Group announced its Strategy 2025 where it expects digitalization to help power its EBIT to at least €5.3 billion by 2022.

A newly published ag-sector report suggests that the lab-grown meat segment will shrink the industrial animal farming market by 50% by 2030.

Brandon Fried, executive director of the Airforwarders Association, believes U.S. Customs and Border Protection must step up engagement with his industry to boost its participation.

Jim Blaze writes about the decisions that will go into determining 2020 capital expenditures by the freight railroads.

In 2020, growth is expected to slow further in nearly every global region, except Latin America and emerging Asian economies.

Convoy has rolled out a free transportation management system for shippers. Also, USPS is interested in drone operators, Rivian wants people to subscribe to its trucks, and Virgin Atlantic pushes for more air cargo marketshare in London.

With 7,000-10,000 trucks using the Calais-Dover route between France and England every day, a no-deal Brexit will hit haulage companies hard, says the IRU.

Japanese shipping giant NYK has taken a big step into the future as it has revealed the successful trial of a “Maritime Autonomous Surface Ship”, which it claims as a world-first.

Rod Sims, the chairman of the Australian Competition and Consumer Commission, has barked at the many monopolists inhabiting Australia, including the world’s biggest coal export port, the Port of Newcastle.

U.S. sanctions targeting a subsidiary of China’s COSCO Shipping could have far-reaching consequences.

U.S. Xpress announced that it has amended its credit facility to provide the company with a little more flexibility on its financial covenants as an act of prudence.

The issue of compensability for sleeper berth time has been prevalent in the trucking industry in recent years.

Calls allegations she used her position to benefit family’s shipping business “false”.

As retailer prepares to close all 44 Canadian stories, court documents reveal transportation, logistics and customs providers that stand to lose business.

Imagine if Uber and public transit had a baby.

The company is following through on a pledge to acquire 1,000 branded intermodal containers by the end of 2020.

Truck drivers and employees for Rich Logistics, which is owned by Roadrunner Transportation Systems, were notified by letter on September 30 from the company’s president that it was closing five terminals and significantly reducing its workforce at five locations.

Agency envisions using trucks as launch point for last-mile customers.

The system of internal waterways vital to the nation’s shipment of agricultural commodities is rapidly diminishing in its capabilities to handle bulk shipping.

Market expert Henry Byers sits down with FreightWavesTV anchor Emily Szink to talk about how the Port of Savannah is aggressively expanding its operations. In the next decade, Savannah could […]

Surging wait times can threaten a carrier’s bottom line. KeepTruckin has set out to change that.

A shortage of nickel may stall EV battery production’ car haulers cry the driver shortage blues; where will the value-added warehouse jobs come from?

The federal agency on hazardous materials transport has received over 4,000 comments about the law.

R. Eddie Wayland, TCA Legal Counsel In the last Legal Comment, we discussed a recent Massachusetts federal district court ruling. Specifically, we looked at the aspect of that decision which […]

Last week in Trucking Freight Futures: A tale of three regions!

Blackstone puts money where mouth is by buying US last-mile assets of Colony Industrial

After two unsuccessful bidding rounds, France’s second largest airline has entered liquidation

Hong Kong-based 300cubits is suspending its platform after it failed to generate sustained interest within the maritime logistics space due to issues with interoperability and government regulations.

For 235 years China and the U.S. have sought out each other’s markets by utilizing their fleets of merchant ships.

Connected vehicles usher in high levels of complexity due to increasing functionalities, and it is vital for software security to take stock of the situation and update firewalls constantly.

Peter Voorhoeve recently passed his first anniversary as president of Volvo Trucks North America after five years running Volvo Group’s (OTC: VLVLY) Australian operations. During his brief tenure, Volvo’s market […]

Seventh busiest North American container port looks to add more infrastructure to handle larger ships.

Northern Asia is again in the cross-hairs of an extreme weather event as Typhoon Mitag bears down on some of the busiest box ports in the world.

A massive explosion aboard a chemical tanker blew a fireball and mushroom cloud into the sky over the weekend at the Port of Ulsan, South Korea. Local reports indicate that about 18 people were injured primarily from burns and smoke inhalation. One ship has likely been rendered inoperable and another has sustained heavy damage.

Cold Carriers was formed when KJM equity consolidated Gantt, Sunco, and Interide into a single operating portfolio.

Quebec startup prepares to enter U.S. market with digital platform offering smaller carriers easy accesses to trailers, and large fleets to minimize unused assets.

FreightWaves releases new data into SONAR regarding biodiesel and its place in the fuels market.

John “JT” Engstrom has spent 10 years studying the freight world. Here’s what he learned:

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Harvest Sherwood selects Fr8Hub as broker; Arizona-Mexico Town Hall focuses on cross-border trade; […]

General Motors halted operations at two maquiladoras (factories) located in the Mexican city of Piedras Negras, a consequence of the ongoing strike by 49,000 autoworkers in Detroit. The two maquiladoras […]

Trucking volumes are up YoY, while rail intermodal volumes have fallen. Now may be the time for long time competitors to explore new partnerships.

A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what’s ahead.  The Dallas Federal Reserve Board’s quarterly survey of […]

Australian logistics continues to be dangerous for workers: a man was tragically crushed to death last week. In corporate Australia, companies are winning contracts. Meanwhile, trucks might get bigger in Australia, following an official recommendation.

On March 25, Smith was driving his flatbed near Lordsburg, New Mexico when he saw a huge plume of black smoke rising into the sky about a mile away.

Air and ground express firm DHL Express announced September 27 a 5.9% general rate increase on shipments moving to and from the U.S., effective January 1, 2020. The increases are […]

Michael Welch dies. Had co-founded forerunner firm to what is now XPO Logistics

Ride-hailing and peer-to-peer models cut into traditional car-sharing market.

Volumes up 4% year-over-year this week

Cummins and Hyundai Motor Group will work on fuel cell electric systems for heavy-duty truck makers in North America as well as stationery fuel cells for data centers and critical infrastruture.

The Italian government is begging U.S. major Delta Air Lines to up the proposed acquisition of a 10% stake in Alitalia for $100 million to at least 15%, according to a report in Italian media.

Leipzig-Halle-based cargo carrier is allowed to operate

Risks related to CSA program outlined in DOT oversight report.

Cool Chain partners are changing their mindsets

The Truckload Carriers Association has named Brian Smith of Louisville, Kentucky, a professional truck driver leased to Mercer Transportation Company also of Louisville, Kentucky, a Highway Angel. He is being […]

A big drop in the East region drives the National freight futures index lower on Thursday.

Investment bank Jefferies warns of unexpected consequencies to WTO Airbus subsidiary decision

Truckload carriers are falling off of out-of-network freight; it ends up with brokers.

Antonov Airlines is seeking to build on its already robust business of moving satellites

Delta is making a big play for Latin America, a region that is close to its base and where it sees the most growth potential and return on investment.

As California tightens trucking emissions, natural gas seen as most viable in market currently.

Ben Thrower writes about the coming IMO 2020 regulations and its impact on the shipping industry.

Ashley Furniture, Kellogg, Republic Plastics and Transport America are reducing empty miles and gaining support for sharing trailer space.

The U.S. Federal Maritime Commission does not expect easy answers to the question of how to fairly assess demurrage and detention when Customs and Border Protection holds containers.

The Treasury Department’s Office of Foreign Assets Control identified Moscow-based Maritime Assistance LLC as the head of a “sanctions evasion scheme” to deliver jet fuel to Syria.

The Seasonally Adjusted Annual Rate (SAAR) for new Class 8 truck orders in 2019 is trending at approximately 150,000. Note that this number includes orders for interstate, intrastate and private fleets. […]

Women now make up over 10 percent of over-the-road (OTR) truck drivers, an increase of almost 30 percent.

Plus: AV companies mess with Texas; California black market cannabis boom.

Jennifer Hamann will succeed Rob Knight on January 1, 2020.

The outlook for intermodal freight transportation and what’s going on with driver cash flow and factoring issues will be two of the key topics of discussion on the September 28-29 […]

U.S. trucking operators, heed this warning from Asia. Maritime experts say that after the IMO 2020 deadline, fuel availability will be uncertain, scrubbers won’t work, stockpiles will “evaporate” and fuel prices will “go through the roof”.

More scooters are hitting the streets, but investor sentiment is still mixed.

Delta Air Lines [NYSE: DAL] plans to take a 20 percent ownership of LATAM Airlines [NYSE: LTM] with a $1.9 billion investment in the Chilean-based airline that positions it to […]

XPO Logistics may be getting back in the M&A game

Used truck sales continue to fall but for the first time since January 2018, so are the prices asked for them.

Lyft wants to be a one-stop-shop for all urban transit options, which might turn Google Maps into more of a competitor than Uber.

Amazon.com recently acquired cloud-based startup INLT, a move designed to simplify importing goods into the United States for Amazon’s online merchants, according to Reuters. INLT, which the company said stands for IN:LET, […]

Change could reduce congestion caused by accidents and inferior road design.

Power swings five points in favor of the shippers, but momentum building for carriers leading into holiday season.

The Federal Maritime Commission approves the ocean container carrier organization’s petition to eliminate publication of essential terms but retains the requirement to file the actual service contracts.

Asset investment manager acquires a 45% stake in Liverpool John Lennon Airport

Allcargo Logistics is in talks to acquire Indian express logistics firm Gati to increase its share of the Indian warehousing market.

Freight Futures quiet on Wednesday with a focus on PHI.

Digital freight-forwarding platform grows European business – and gains 10,000 connected vehicles – after an aggressive year for fundraising.

Transparency has become something of a buzzword in the logistics industry, and that is exactly what Hangar A hopes to provide shippers with its new SaaS-based solution.

“Flight shaming” campaigns failed to recognize that airlines only account for 2 percent of global carbon emissions.

Universal Logistics reported that it has agreed to a $36 million settlement for an accident that involved a “marginal driver.”

New regulations are expected to affect around 60,000 ships, requiring them to reduce their sulfur emissions by more than 80%.