US sanctions target Russian jet fuel carrier
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.
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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%.
Small tariff increase fails to excite demand as rates reach 2-year lows.
Kenan Advantage CEO and president focuses on driver retention and safety in keeping his fleet running smoothly.
Perception may not be reality, according to the American Transportation Research Institute, which says “discrimation” is the wrong word to use.
Fatigue symptoms can be gathered by measuring the brain waves of truckers, which can be used to sound early warnings before drivers show visible signs of fatigue.
Year-to-date U.S. rail traffic down 3.8 percent from the same period in 2018.
Ryder has expanded its Ryder Assist Now customer support center nationally, giving customers a single source to get all their questions answered and service issues resolved.
The U.S. Office of Foreign Assets Control said the sanctions do not apply to parent company COSCO Shipping Corp. and other affiliates not involved in the transport of Iranian oil.
Carriers face prospect of hiring more company drivers should they fail the ABC test.
The start of the box shipping slack season commences next week when Chinese factories close for the Golden Week holiday. Further spot rate losses are predicted by Alphaliner.
Covenant Transport has decided to end all service to the interior of Mexico, citing dropping spot market pricing, increasing detention times and an inability to gain the freight density needed […]
Additive manufacturing, also known as 3D printing is no longer a fad in truck making. Companies are making greater use of the technology to save time and money although the technology itself is still expensive.
Trade lanes will come to a halt if the U.K. exits the EU on October. 31, believes the Secretary-General of the European Shippers Council.
Autonomous trucking outfit Embark Trucks has raised $70 million in a series C funding round led by Tiger Global Management, with participation from seven other firms, Forbes has reported. The […]
Truckers in beleaguered sector call on provincial and Canadian governments to step in as downturn brings cascade of closures to lumber mills.
The Truckload Carriers Association has named Terry Whittington, a professional truck driver with ABF Freight System, Inc., a Highway Angel.
The Canadian class I railroads outlined a number of growth opportunities at an investor conference. Intermodal capacity expansion at the ports and grain delays provided the big takeaways.
Blackstone Group forms what it calls largest last-mile logistics real estate firm in Europe, Mileway
Technology is posed to assist the LTL shipping sector and in some cases, already has.
Satellite-based data and analytics provider, Spire Global, announced that it has received over $40 million in a new round of funding.
The governor signs two bills, one accelerating clean truck technologies, the other creating a smog check program.
The new Supply Chain Hall of Fame will be located at the University of Arkansas.
Program funding has increased annually from $38 million awarded in 2013.
No short-term relief for cargo congestion at LAX is coming from infrastructure upgrades, so companies are looking at process improvements to speed up cargo hand-offs.
Historical September storm possible in northern Rockies this weekend. High impacts from snowfall, winds.
But batteries have a better future in more regional hauls.
BlaBlaCar sees this acquisition as a unifying opportunity for Eastern Europe’s fragmented market under a single platform to meet a greater diversity of rider needs.
The Truckload Carriers Association has named Terry Whittington, a professional truck driver with ABF Freight System, Inc., a Highway Angel. He is being recognized for helping a fellow truck driver […]
Freight Futures forward curves on Tuesday point to a mixed to lower rate environment.
Customs and Border Protection officers in the Kentucky port of entry seized counterfeit Cartier bracelets and other jewelry between July and September, resulting in an importer’s arrest.
Global post delegates approve compromise allowing USPS to hike international rates, keeping the U.S. in the UPU
To meet future rail demand, stakeholders must confront communication dysfunction.
Four ocean shipping firms and four tankers are added to the Office of Foreign Assets Control’s Specially Designated Nationals List for their roles in supporting Maduro regime.
The new platform focuses on collaboration, workflow automation, and allows users to define business priorities.
Additional downpours, flash flooding possible in Arizona the next couple of days. Potential northern Rockies blizzard this weekend.
State cannabis regulator sets guidelines including two-person delivery teams with body cams and vehicles equipped with GPS, alarms and secure storage.
This week’s is the highest ELD compliance rate seen throughout the course of the study.
Shipping equities have suffered through a rough couple of years, but hope persists that market capitalizations and trading volumes can be resuscitated.
TTN Fleet Solutions will provide emergency roadside services to Mckinney Trailer Rentals.
Countries around the world are aligning their corporate insolvency regimes with the U.S. system. Lawyers say alignment will benefit the international ocean shipping industry.
The aerospace and defense company Harris Corp. failed to stop repeated violations of the Arms Export Control Act for several years following notification by the Defense Department of wrongdoing.
At 400 meters in length, the CMA CGM Jacques Saade has capacity for over 23,000 containers.
A TMS is a valuable tool that can provide important data, tracking and analysis capabilities to help shippers streamline their entire operations, all of which feeds into being a shipper of choice.
Revenue growth on negative unit economics is dead as a business model.
Flexport’s head of airfreight believes a small bump in demand out of Asia could result from new U.S. tariffs, while higher fuel prices will push up air cargo costs.
Saia’s expansion in the Northeast U.S. had its risks but appears to be paying off
Antiquated infrastructure, rising cargo volumes and poor logistics coordination are hindering efficient cargo transfers at L.os Angeles International Airport, raising costs for stakeholders.
A subsidiary of the Malaysia Aviation Group has launched a halal logistics service.
CEO Chris Spear leading a behind-the-scenes approach to influencing White House.
The Mexican border city of Nuevo Laredo should “bet more on logistics and foreign trade” than on attracting more maquiladoras, according to trade experts. “Nuevo Laredo no longer needs to […]
The Senate Appropriations Committee’s Democratic members are expected to reject proposed Department of Homeland Security fiscal year 2020 funding bill if $5 billion for southern border wall stays.
Companies building supply chain software need to ease — not force — customers into adopting new technologies.
AirMap, an airspace intelligence platform for the drone economy, has acquired Hangar Technology, an automated drone operations business. The acquisition, announced on September 23, continues AirMap’s strategy of extending airspace […]
Canadian federal judge suspends the province’s law allowing it to restrict the flow of oil and gas products to other provinces until a full court can review challenge by British Columbia.
Freight Futures began this week where they left off last week.
FreightWaves CEO Craig Fuller discusses his family’s trucking legacy with his father, U.S. Xpress co-founder Max Fuller.
Port of Long Beach is offering incentive payments to ocean carriers in an effort to stabilize declining cargo volumes.
The U.S. Department of Agriculture agency looks forward to receiving import documentation through Customs and Border Protection’s International Trade Data System.
Germany has unveiled a climate package which experts believe is not ambitious enough, coinciding with the time Germany inches closer to an economic recession.
Mexico’s national association of heavy duty truck and bus manufacturers (ANPACT), reported the manufacture of commercial trucks grew 6% in July, producing 20,006 units, when compared against 18,863 units in […]
A dispute over slots may force Kalitta Ait to exit Schiphol Airport
Several inches of rainfall could flood parts of the Desert Southwest again, after water rescues on Monday.
C.H. Robinson talked to thousands of shippers and carriers. What the company learned prompted them to invest $1 billion into technology.
The shipping giant has teamed up with JDA to boost warehouse and supply chain visibility
Declining coal consumption in the U.S. may have led to the dispute.
Smart factory owners are turning to advanced technology like artificial intelligence and big data to gain an edge in the digital industrial revolution.
Container ships are setting new records, but for all the wrong reasons, as the vessels become an increasingly popular way to smuggle drugs. As FreightWaves’ Mike King reported, the Maersk […]
Larger fleets positioned to reap benefits from carrier bankruptcies
Wind technology may be a solution for rail industry.
But a lot depends on stabilizing global growth and an industrial recovery in the United States.
Dart Transit celebrated its 85 years in business and Truck Driver Appreciation Week earlier this month, awarding drivers raffle prizes that included a new pickup, boat and Polaris ATV. Also, fuel prices jump, France tests no-Brexit and trucking group pushes port improvements.
Parade helps freight brokers automate workflows, scale relationship management and grow digital bookings.
Several governments, organizations and transportation companies have worked together to patch a badly disrupted supply chain in efforts to improve the flow of supplies in the Bahamas.
Getting to Zero Coalition, which includes Maersk Line, calls for “commercially viable zero-emission vessels” to be deployed on deep sea trade by 2030.
Norfolk Southern announced that Claude Mongeau has been elected as a director. The former Canadian National Railway head may be viewed as an effort to improve PSR initiatives or to explore potential opportunities to partner with other Class I railroads.
The weekly average retail diesel price posted Monday by the Department of Energy (DOE) was in the top 20 biggest one-week increases in the history of the data series – […]
The number of containers is a better bellwether of global trade than the number of container ships.