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Cathay Pacific expects “a much more significant impact” to revenue in August as recent unrest in Hong Kong will likely weigh on its financial results.
Autonomic, a transportation architecture and technology provider, announced a partnership with Ayro, Inc., a manufacturer of electric light-duty vehicles for commercial and consumer markets. Together the companies will develop a […]
The Commerce Department’s Bureau of Industry and Security has provided a general advisory opinion warning U.S. exporters to use caution when sharing certain technology information in global standards-setting organizations if parties on the Entity List are involved.
Conservative Andreas Jung floats increased fees for trucks and investing the proceeds in railroads to fight climate change.
Samuel Coraluzzo has deployed I.D. Systems’ PowerFleet LV9000 asset-tracking solution into its entire fleet. The deployment gives the fleet a full ELD with a customized workflow that tracks jobs from dispatch to completion in real-time.
Maersk is partnering with Indian digital freight startup BlackBuck to enter the Indian containerized trucking market for export-import logistics.
The concept of customer experience has been around for decades but it is getting new emphasis in trucking as electric and autonomous technology arrives.
Women In Trucking will honor transportation firms at its Accelerate! Conference & Expo.
Target provides an optimistic shot in the arm as the mega-retailer reports a strong quarterly performance and raises its full-year outlook.
The next global recession would have a different impact on ocean shipping markets than the 2008-09 financial crisis.
Most forecasts have been conservative, but not this one.
Import volumes see best month in 2019, but year-to-date still lower.
Napier Port, located in Hawke’s Bay on the North Island of New Zealand, has begun trading on the New Zealand Stock Exchange (NZH) at an offer price of N$2.60 (US$0.64), raising NZ$234 million (US$149.94 million).
Eight crewmen have been kidnapped and are now being held captive by West African pirates after their ship was attacked in the dead of night.
WiseTech (ASX:WTC), a global provider of advanced logistics software, has reported a whopping 57 percent growth in revenues and a massive 37 percent net profit after tax for its full 2018-2019 financial year. Revenues generated in the last financial year stood at A$348.3 million and net profits were $54.1 million.
If the California Senate approves the legislation codifying the provisions of the Dynamex decision regarding the classification of independent contract workers – like drivers – it likely won’t have an exemption for the trucking industry.
Employers can choose $1.25 bundling option or $24,000 annual fee.
The ride-sharing giant joins a stream of transportation companies that have migrated to the Dallas metro areas in recent years.
Canada Pension Plan Investment Board to acquire up to 8 percent of fast-growing e-commerce fulfillment company.
Headcount continues to fall at U.S. rail operations as the railroads implement precision scheduled railroading.
Already the undisputed Class 8 sales leader, the 2020 Freightliner Cascadia arriving this fall is a technological tour de force that allows the truck to do most of the work of driving.
Company representative confident award will be reinstated in state supreme court.
Small carriers that do not have the change their hardware in order to make the switch to ELDs need the shortest lead time.
XPO unit, class of drivers and helpers reach $5.5 million settlement to end three-year legal fight over job classification
Since Uber went public in May 2019, journalists and analysts have sharpened their skepticism regarding the viability of the company’s sweeping ambition and future-reliant success. A 23 percent drop in […]
The Office of the U.S. Trade Representative is requesting written comments identifying online and physical markets to be considered for inclusion in USTR’s 2019 Notorious Markets List, the agency said. […]
Jim Blaze writes about FreightWaves SONAR and how it could be a helpful tool for the freight railroads.
A federal appeals court denies a request by rail shippers to form a class lawsuit, and U.S. Senators press the Surface Transportation Board to take action.
Funding will be used to expand on-campus robotic food delivery.
Grain may return with trade growth, but frac sand in structural change.
The nation’s largest logistics warehouse owner, operator and developer bolsters its Los Angeles portfolio with an increasingly difficult find.
The National Customs Brokers and Forwarders Association of America welcomed a recently proposed rule from U.S. Customs and Border Protection that requires customs brokers to have a more complete identification of their importer clients.
Dangerous heat across several states, feeling like 110° or hotter.
These smart legal contracts allow participants to track post-signature performance of the agreement by integrating it with the existing enterprise systems.
The United States-Mexico-Canada Agreement (USMCA) was the hot topic at the most recent meeting of the Laredo Motor Carriers Association (LMCA). Trucking industry leaders, customs brokers, freight forwarders and trade […]
If theres going to be an exception for trucking, its going to be next year or through the courts.
A new app aims to streamline household moves, plus China shipping empty containers to Europe and air cargo volumes drop again.
The funding coincides with the launch of an artificial intelligence solution that detects stop sign violations.
PE firms pay up to eight times EBITDA for chemical haulers.
Zoos and aquariums rely on the expertise of logistics professionals to safely and humanely relocate live animals
Logistics provider LBC Express (PSE: LBC) of Manila, the Philippines, has reported a massive rise in revenues in the second quarter of 2019 but a big slump in net profit after tax.
The world’s biggest coal port moves forward with US$500 million plans to import LNG into Australia… which is the world’s biggest LNG export nation.
Sime Darby Berhad (BM: 4197) has directly told FreightWaves it paid about NZ$211 million (US$136 million) to acquire automotive and construction machinery dealer Gough Group of New Zealand.
Establishing a strategy for growth is the foundation for any sustainable business and for a culture of continuous improvement.
A Chicago startup has proposed using crane rails to move containers in and out of terminals to ease congestion in the era of mega-ships.
Low vacancy rates in smaller industrial markets signal a broadening of expansion in logistics property cycle
DryShips and Teekay Offshore are going private. With share valuations weak, others could follow suit.
New guidelines highlight vessel safety issues for project developers.
Chris Henry, Program Manager, TCA Profitability Program A weekly review of the Key Performance Indicators (KPIs) that all trucking companies should be tracking on a daily, weekly and monthly basis. […]
“We have signed the decree that officially declares this agricultural emergency due to water scarcity.”
Trucking software supplier Drivewyze is adding the dangerous mountain passes of Colorado to its safety alerts for subscribers of its PreClear weigh station bypass program.
The on-again, off-again trade war between the U.S. and China is a great threat to commercial vehicle forecasts, already buffeted by too many trucks and slowing freight growth.
Maersk says technology is core to its vision and wants more of its 6,000-strong IT workforce to be direct employees and not contractors.
The transport industry is witnessing the rise of numerous technology startups, with investment pouring in from excited investors who envision a smart and connected future for transport.
The U.S. Commerce Department has added 46 additional overseas affiliates of Chinese telecommunications technology manufacturer Huawei Technologies Co. Ltd. to the restrictive Entity List.
Former communications director will be the first female to lead the Washington state port.
Flooding could be an issue along Gulf Coast, while other areas bake in dangerous heat.
The UN Conference of Trade and Development released a study that reveals who’s at the top of the commercial maritime world—ranked based on connectivity to other ports.
Velodyne has filed patent infringement claims that its rotating 3D LiDAR technology was copied by Chinese companies Hesai and RoboSense.
Plus: tariffs hit wind energy supply chain; Uber partners with medical transportation provider
EPAM Systems is the latest member of the Blockchain in Transport Alliance. Learn more about the company and the Alliance in this article.
Uber Freight needs access to more capacity to keep up with 153 percent growth in gross bookings.
The new IMO regulation reducing ships’ sulfur oxide emissions aims to improve the health of the environment and human population, especially near coasts and ports. This also means increased costs and a shift in strategies for maritime shippers. A panel at the Edge 2019 conference will explore these regulations and their predicted effect on logistics.
Combined with previously authorized programs, the investment is the largest by electric utilities in the U.S. to help replace heavy-duty vehicles with zero-emission technology.
Move to non-tariff sources means switching ports, intermodal executives say.d
Ohio-based container yard/terminal management software system Depot Systems has today been bought by Sydney, Australia-based WiseTech Global (ASX: WTC) for an undisclosed sum.
Shuttering of Northern Pulp in Nova Scotia would remove millions of dollars of freight spent – and potentially put some trucking companies out of business.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s transport industry grows; AIT Worldwide expands Mexico operations; Nuevo Laredo sees more […]
A. Duie Pyle Chief Executive Peter Latta opens up about ransomware attack in June.
The trade war with China has altered international shipping patterns, which has started to shift freight volumes to the East Coast.
A lot of new pipeline capacity is kicking in and the need for trains is going to be greatly reduced.
Australia’s road transport industry has a way to go in ensuring gender equity. Research has found that female workers encounter misogyny, bullying and discrimination. In other Down Under Trucking news: mistake is no defence to trucking crime; supermarket boosts safety after loading dock death; logistics giant snaps up drayage business; CTI Logistics expects a small profit.
Eliminating the residential fee reveals UPS’ comfort level and ability to better engineer its network.
The Truckload Carriers Association has named Kevin Phillips of Sheridan, a professional truck driver with CalArk International, Inc. a Highway Angel. He is being recognized for aiding a woman after vehicle rollover.
U.S. Customs and Border Protection systems at airports nationwide encountered an unexpected outage Friday afternoon, leaving passengers waiting in extremely long lines, according to multiple news outlets. “CBP is experiencing […]
OTVI.USA began the week with a rocky start before recovering to finish the week.
Customs and Border Protection late this month will start live testing for blockchain’s applicability to intellectual property rights (IPR) enforcement, according to a document posted online in preparation for the […]
Mala Parker says she’ll work to modernize U.S. roads and bridges.
Time-charter rates can offer a clearer view on future sentiment than headline-grabbing spot rates.
FreightWaves is expanding with a new office in Portland, Oregon. There are opportunities for data scientists, software engineers and journalists.
The Truckload Carriers Association has named Kevin Phillips of Sheridan, a professional truck driver with CalArk International, Inc. a Highway Angel. He is being recognized for aiding a woman after vehicle […]
FreightWise found a sweet spot in SaaS-based parcel and LTL managed transportation.
Expanded flight offerings will make moving goods between the U.S. and U.K. more convenient.
College football: poetry in motion, masses of men, giants of the gridiron rushing 40 yards in 4.4 seconds. But before that equipment arrives at the field, it’s moved by big […]
The Federal Railroad Administration is asking freight and passenger railroads to apply for grants aimed at upgrading infrastructure or enhancing safety.
As the U.S.-China trade war intensified with the Trump administration announcing more tariffs, the two countries clashed in two disputes this week at the World Trade Organization (WTO). During a […]
The Commerce Department’s Bureau of Industry and Security subjects 17 overseas entities to stricter U.S. export licensing controls by adding them to the Entity List.
A trio of interviews from the recent ACT Research conference and a discussion with a leading thought leader on the third-party logistics (3PL) industry highlights this week’s edition of FreightWaves […]
Global logistics provider Agility (DFM: AGLTY) reported a 20 percent increase in net profit for the second quarter of 2019. Agility reported a more modest rise in revenues.
Weather delays likely today, tonight in Plains and Southeast.
Small fleets need to fully understand their financial situation, improve awareness of technology and have set processes in place to fluidly scale up the business.
Plus: Amazon opens “4-star” store in Seattle: Postmates tests robots in San Francisco.
American Trucking Associations (ATA) praised the fact that 53-foot intermodal containers won’t be subject to the next round of Section 301 tariffs on China. The Office of the U.S. Trade […]
Kobo360 is one of the most recognized FreightTech players in Africa, helping shippers connect with carriers in a market riddled with severe visibility and transparency concerns.
FreightWaves, the industry-leading provider of 24/7 news, data and analytics for the global freight and logistics markets, announces the start of the nomination process for the 2020 FreightTech 100 Awards. […]
Contract rates are still sliding down against steady spot rates.
