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The FreightWaves Pricing Power Index is a new weekly feature that highlights the balance of power between shippers and carriers.
Motor carriers will still have to comply with January 6, 2020 deadline.
Does container shipping have a drug problem? After a string of busts in the U.S. in recent months, attention has now switched to the U.K., where authorities have seized 1,279 […]
Logistics startups are using data science and mobile technologies to connect grocery shoppers with local farmers.
These are the costliest repairs a truck driver can face.
Hurricane Dorian taking its time riding east coast, flooding communities along the way. Tornadoes, power outages, too.
Trade talks back on; human cost of Amazon last-mile delivery; Cowen Transport Conference takeaways; precious metals rally in negative yield world.
Treasury’s Office of Foreign Assets Control sanctioned 16 entities and 10 individuals, as well as 11 ships, which it identified as participants in an Iran-controlled “oil-for-terror” shipping scheme.
Using “crowd-solving” and prizes, Sea Freight Labs hopes to help shipping companies find better and faster solutions to challenges.
Potato farmers are asking U.S. agricultural officials for support in expanding export trade into Mexico. Currently, American potato farmers and exporters are mostly barred from selling fresh potatoes in Mexico […]
The beleaguered dry bulk shipping sector is nearing its post-financial-crisis peak. Is it sustainable?
A round at this valuation puts Convoy one step closer to an IPO.
Grain shippers wonder if the Canadian railways will keep up with demand in the 2019-20 crop year.
Even with all the publicity about the electronic logging device mandate, this year’s Roadcheck safety blitz in June still saw 37.2% of drivers placed out-of-service done so because of hours-of-service violations.
At least 15 scheduled sailings from Asia are being temporarily culled due to the Chinese national holiday.
With rail traffic lower year-over-year and PSR initiatives in full swing, it’s understandable that soft railcar demand attracted attention at an investor conference.
The Truckload Carriers Association (TCA) and CarriersEdge encourage professional truck drivers and independent contractors to nominate their companies as Best Fleets to Drive For.
Category 1 storm still poses danger as it reaches Maritimes over the weekend, forecasters warn.
Old Dominion, ArcBest report sluggish monthly
Ware2Go unveils four DIY tools to make distribution center site selections more effective
The outlook from JBHT was notably better than the concern around the lack of an uptick in seasonal demand that many carriers expressed at multiple investor conferences in May and June.
Slumping coal demand, trade wars and a competitive truck market are weighing on rail volumes for the remainder of the year.
Logistics providers and non-governmental relief groups are facing difficulties getting large quantities of emergency supplies and personnel into the Bahamas because the runways and ports are severely damaged.
Labor unions claim the effect on jobs is not being properly considered.
Treasury Secretary Steven Mnuchin and French Finance Minister Bruno Le Maire on Sept. 3 stated a shared commitment for their countries to work constructively on a solution to international taxation […]
Women drivers wait longer to load and unload their freight than their male counterparts because they are less prone to pitching a fit over delays.
The Truckload Carriers Association (TCA) and CarriersEdge encourage professional truck drivers and independent contractors to nominate their companies as Best Fleets to Drive For®. The annual contest and survey, now […]
Customs and Border Protection (CBP) officers arrested a 24-year-old woman on Sept. 2 at the Port of Lukeville, AZ, for attempting to smuggle 53 pounds of methamphetamine from Mexico to […]
East futures lanes little changed on the uncertainty of Dorian; SEA to LAX firms
Data on recorded cargo thefts in the EMEA region shows an alarming increase this year, with it crossing €55 million in the first half of 2019.
Air cargo carriers are expecting a demand surge for scheduled and charter capacity if the British government overcomes opposition in Parliament and proceeds with a no-deal exit from the European […]
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.
