News

New CEO at Los Angeles container terminal treats trucking as a customer

Jack Cooper Ventures says it will be “business as usual” as the auto hauler undertakes a restructuring. 

Genesee and Wyoming sees second-quarter operating income decline amid lower freight revenues from its Australian and European operations and flat year-over-year revenue from its North American operations.

Southern California drayage and logistics firm looks to add to customer base with deal.

DHS concurred with the four recommendations made by the congressional watchdog agency.

Lyft reported revenue well ahead of estimates and commented that continued improvement in market conditions, which may mean lower rider discounts and an easing competitive landscape, prompted the improvement in guidance.

The Canada Pension Plan Investment Board is set to get controlling interest in the company that operates the highly profitable Ontario Highway 407 electronic toll road.

Agency will not comment on new publication date until review is finalized.

For AIT President and CEO Vaughn Moore, trusting the company’s process is more important than chasing any particular outcome.

The U.K. imports a bulk of the food it consumes from mainland Europe, and this might be a problem in the event of a no-deal Brexit.

Navistar lost nearly half its market share in the middle of the decade because of an engine emissions issues. It has been recovering but now it is following a growth plan called Vision 2025.

Plastic containers, polyester yarn, steel pet cages and lawn care equipment are among the goods excluded.

U.S. Senator Ron Wyden’s (D-Oregon) new bill would require the railroads to supply information on crude volumes to emergency responders, and it would mandate that the railroads share crude-by-rail data annually.

Kottke Trucking, an interstate company focused on refrigerated and dry van transportation, recently acquired Davenport, Florida-based Wayne T. Fellows, which specializes in refrigerated less-than-truckload and truckload hauling. With the acquisition, […]

FedEx, tired of jumping through hoops for Amazon.com at non-compensatory rates, cuts the ground-delivery cord with the e-tailer

In auto racing, the racecar is the star and teams spend a lot of effort getting to the race on time. But they also need to bring all the supporting players: the tires, the gearboxes…and the bodywork. And the chassis. And the spare engines. And the awning. And the tools. And they all need to fit in one trailer.

When Mack Trucks set out to design the Anthem, it turned to drivers for input. The result is a Class 8 tractor that is both comfortable and functional, providing all the benefits of an aerodynamic over-the-road tractor in a Classic Mack.

Seaspan says high demand for containerships has shielded it from the U.S.-China trade war.

A hard departure from the European Union will hit availability of fresh foods and increase costs as British supply chains contend with port delays and backlogs, industry group says.

FMC Commissioner Rebecca Dye is scheduled to deliver her demurrage and detention recommendations to her fellow commissioners on Sept. 3.

Cathay Pacific is the latest in a string of airlines to cite trade tensions as the reason for plummeting cargo segments.

PACCAR agreed to a $1.7 million settlement from the U.S. Treasury Department that its European subsidiary, DAT Trucks, illegally engaged in the sale 63 trucks to Iran between 2013 and 2015.

FreightBro is a digital enabler that helps digitalize and automate several manual operations within the shipping industry, tailored to suit small- and mid-tier freight forwarders.

Hapag-Lloyd says it outlook for the second half of 2019 is unchanged even if it has to deal with more trade restrictions.

Roadrunner Transportation Systems reports another large operating loss and announces that it will narrow its focus to its logistics and asset-light LTL segments.

EIV Capital, a Houston firm that invests in energy businesses, recently helped raise $75 million in funding that will research turning dairy cattle’s recycled cow manure into usable, clean energy […]

Stalco, a Toronto third-party logistics provider, takes advantage of duty-free limits to legally fulfill online orders of Chinese goods to consumers in the United States without incurring President Trump’s trade-war tariffs.

Jack Cooper Ventures says it will be “business as usual” as the auto hauler undertakes a restructuring.

Chinese port throughput volumes (all cargoes) for the first half of 2019 are up 7.3 percent compared to the first half of last year, according to the latest official Chinese data. First half 2019 foreign cargo volumes through China rose 2.5 percent compared to the prior corresponding period. And box throughput rose 5.1 percent. Read on to find out more!

The U.S. will engage with the IMF to eliminate the cited unfair advantage created by the alleged devaluation of China’s currency.

Jim Higginbotham, a professional truck driver for Stone Trucking Company, has been named a Highway Angel by the Truckload Carriers Association (TCA).

Fleetcor modestly raises earnings guidance and says the acquisition pipeline has a couple of likely deals in the fuel, corporate payments and lodging segments.

Online customers expect to be spoiled and consistent delivery experiences are the core of meeting those needs, two surveys found

Empty miles are a billion-dollar problem for trucking fleets, but are they more of a problem than they were in 2002? Recent headlines indicate they may be, but they may not tell the true story.

Carriers waiting to implement ELDs until the last minute run the risk of hardware shortages, training slowdowns and fines on the highway.

Jim Higginbotham, a professional truck driver for Stone Trucking Company, has been named a Highway Angel by the Truckload Carriers Association (TCA). He is being recognized for his willingness to […]

Global e-commerce continues to grow, and grow, and grow. Market voice Brian Aoaeh writes about the move of e-commerce giants to establish their own fulfillment services.

Most industry representatives testified against tariffs proposed against the EU in retaliation for subsidies provided to Airbus.

Starting today, shippers using MercuryGate’s transportation management system (TMS) will have access to Uber Freight’s network of carriers, guaranteed capacity and real-time market rates, MercuryGate announced this morning. “Shippers need […]

Deutsche Post DHL posts single-digit revenue, profit gains, lifts low end of full-year earnings view

As the United States-China trade war frightened stock markets on August 5 into their worst day of the year, some analysts said Mexico could find a silver lining in increased […]

Carbon emissions are now available in SONAR on a state level.

The company itself is silent so far, but the union spelled out some of the developments.

U.S. Customs and Border Protection marks the 230th anniversary of the first customs processing of a ship in the new United States.

For the first time, Workhorse Group is tying the possibility of a huge contract with the U.S. Postal Service to the acquisition of General Motors Lordstown, Ohio assembly complex.

North Asia revenues were down 8.5 percent, but EXPD improved productivity.

Jim Blaze writes about the recent history of intermodal rail service and what may happen in the next few years.

If you see a truck driver in Texas without his hands on the wheel, the chances are good you’re seeing an autonomous truck from Kodiak Robotics.

Delta Cargo has chosen FreightWaves SONAR for global freight intelligence and data analytics.

While the passenger side has been experiencing growing demand, the industry’s overall profitability is still being dragged down by the smaller cargo side.

Whether the shale boom can keep going has recently been called into question.

A lot of things have to go right for DFBs to build a market large enough to justify their valuations.

CARB is making $40 million available in the form of vouchers to reduce emissions. Eligible equipment includes everything from rubber-tired gantry cranes, to airport cargo loaders to truck and trailer refrigeration units.

Top 10 intermodal company in the U.S. looks to broker to for drayage supply.

Escalations in trade tensions between the U.S. and China could discourage containership owners from ordering new ships.

Operating performance bolstered by contracts with Amazon and U.S. government, said company CEO.

Christopher Lemaire, a professional truck driver for Revere Transportation, has once again been named a Highway Angel by the Truckload Carriers Association (TCA).

After a nine-year absence, Japan Air Lines resumes scheduled air cargo service in deal with Kalitta Air Photo: Flickr/Bill Wilt)

Information and data request to be used to inform future research.

ISM data in both the service sector and manufacturing sector suggest the economy is slowing and recent tariffs could make things worse

This is AIT’s third acquisition in the past year.

Cargo activity through the Jacksonville, Fla., seaport had a nearly $31.1 billion economic impact on the region and state in 2018.

Christopher Lemaire, a professional truck driver for Revere Transportation, has once again been named a Highway Angel by the Truckload Carriers Association (TCA). He is being recognized for his willingness […]

Government audit finds no evidence that Volvo influenced EPA emissions study.

The State, Treasury and Commerce departments are ramping up to implement an Aug. 1 executive order from President Donald Trump that imposes a second round of sanctions against Russia.

Didi Chuxing has spun off its autonomous driving unit as an independent company following discussion of raising fresh capital with its existing shareholders and potential investors.

Drewry says it expects a brief spike in transpacific freight rates to the U.S. West Coast following President Trumps threat to impose a new round of tariffs on imports from China.

A major accident in 2018 led to a spike in insurance premiums for Carney Trucking, an increase the company just couldn’t absorb.

Two mega-retailers partnerships signal an inflection point in the visibility market.

Get ready for the goodies coming from federal transport spending legislation. Money for inland waterway network will be funds well spent.

Second quarter revenue for BNSF rose 0.3 percent despite lower volumes for agricultural products, consumer products and industrial products.

The United States and Mexico are on the brink of yet another trade war – this time pitting U.S. farmers against Mexican tomato growers and importers.  The debate centers around […]

Travel Centers of America became a Maryland corporation instead of a Delaware limited liability corporation to attracted stock funds prohibited from investing in LLCs. Its slightly improved second-quarter sales and earnings did not help its stock price in early trading on Monday August 5).

Daseke lowers its full-year 2019 outlook citing worse than expected results in its flatbed division.

Logistics startup Rivigo has introduced the National Freight Index in India, which will allow users to access individual lane level information in 1,500 locations across the country.

The Port Report focuses on another vessel being seized in the Strait of Hormuz.

The USDOT and USDA are seeking comments on a revision to hours-of-service and electronic logging device regulations for the agriculture and livestock industries.

There are reasons to expect a healthy pop in outbound Los Angeles spot rates.

Transplace finds a disparity in consumer goods trade leads to large spread between north and southbound traffic – and a Canada backhaul “tax.”

The rise and fall of interest in natural gas trucks typically depends on the price of oil. Now, the availability of clean energy credits in California and tougher NOx rules expected from the California Air Resources Board are additional reasons for purchase.

In Australia this week… new tunnels and roads to eliminate trucks; cattle and driver nearly burned alive; human remains found after truck explodes; controversial logistics software company vows to fight class action and the regulator; I’ll huff and I’ll puff and I’ll blow… you off the road!

How high will rates out of Los Angeles go in October and November?

“If a shipper can share some of its production forecast information to railroads, railroads can plan better to meet that capacity. Conversely, if railroads can open up and show where their empty railcars are to the shipper so that the shipper has a bit more confidence that the right number of railcars are going to show up, then the shipper can more confidently choose rail.”

July heavy-duty truck orders were the lowest since 2010, more evidence of a trucking sector recession taking hold.

XPO second-quarter results allays analyst concerns as it navigates through a tough top-line

The Federal Motor Carrier Safety Administration (FMCSA) has been in high gear in recent weeks. The Agency has several pending regulations which are currently open for public comment and which could dramatically impact the truckload segment of the trucking industry.

Commerce Secretary Wilbur Ross said the U.S. plans to drop trade sanctions against Venezuela once embattled President Nicolás Maduro is out of office.

Schneider’s move to shut final-mile unit leaves furniture retailers seeking last-mile delivery options

A pair of enormous crates carrying parts of a South Korea-bound drilling ship will be transported along highways through the Houston area over the next four days. According to Ronnie […]

The FreightWaves basket of top freight markets all posted positive numbers this week.

TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner The Federal Motor Carrier Safety Administration (FMCSA) has been in high gear in recent […]

Goods like clothes and toys are on the proposed tariff list.

Ports are asking that Chinese-made container cranes be excluded from the list of products on which President Trump has threatened a 10 tariff.

U.S. drug import plan would tax Canadian medication supplies, which already face shortages.

Japan’s Cabinet on Aug. 2 approved a measure that will allow the Ministry of Economy, Trade and Industry (METI) to impose new licensing policies and procedures on exports and transfers of controlled items to South Korea.

Warehousing markets have just recovered from the last round of tariffs and there is not a lot of slack.

The beat comes after the company fell short of earnings expectations last quarter, coming in over 23 percent short of estimates.