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Trade advisory committee tasked with proposing ways to improve economic conditions in Guatemala, Honduras and El Salvador will submit report at Aug. 21 meeting.
Among the Democrats voting against the bill were Reps. Rashida Tlaib of Michigan and Ilhan Omar of Minnesota, as well as House Ways and Means Trade Subcommittee Chairman Earl Blumenauer of Oregon.
After years on the transport mat, next day air flies off as UPS volume surges
Canadian transportation and oil services firm ready to make additional acquisitions to boost growth after strong second quarter results.
Landstar missed the bottom-end of its guidance range as expected. The company sees weakness in truckload fundamentals continuing through the third quarter.
Temperatures soaring to record levels in Europe again, above 100°
Despite falling short, the electric automaker reaffirmed its full-year delivery guidance, saying it still expects to deliver 360,000 to 400,000 vehicles in 2019.
Total company revenue for Trinity Industries (NYSE: TRN) grew 16 percent to $736 million in the second quarter amid revenue gains for its rail product group.
This week, VLCC rates are going sideways, Capesize rates have reversed, and container shipping has yet to gain traction.
Covenant released earnings results in-line with its previously lowered expectations as it seeks “predictability” in its operations for the remainder of 2019.
ECHO faced a tough quarter with soft spot volumes and unexpected tightness in June.
Norfolk Southern (NYSE: NSC) expects continued operational changes will help boost profits and lower operating ratios in the second half of the year.
Report asserts industry needs to hire 1.1 million new drivers over the next decade.
R. Eddie Wayland, TCA Legal Counsel PHOTO CREDIT: JIM ALLEN/FREIGHTWAVES On July 22, 2019, the Wage and Hour Division (WHD) of the Department of Labor (DOL) issued an opinion letter […]
Global equipment manufacturer Caterpillar’s (CAT) second quarter earnings disappointed analysts. The company cited a combination of tariffs, weaker sales in China and slower growth in the Permian Basin for the […]
Proposal would make it easier for drivers to take test from out of state.
A student team from Germany’s TU Munich achieved a top speed of 463 kmph (288 mph) on its prototype pod at the SpaceX Hyperloop Pod competition.
In this commentary by Ekim Saribardak, he writes about new track and trace technologies that can revolutionize the shipment of ocean freight.
SunteckTTS, a top 10 brokerage, is reportedly looking for a 10x EBITDA multiple.
Supply chain managers could be busier than expected this hurricane season
DP World (Dubai: DPW) said July 24 that it has reached agreement to create a $1.2 billion container port and industrial logistics port in East Java with the Indonesian conglomerate […]
The Urban Freight Lab (UFL) is hosting its third annual Tech Day: Transforming the Final 50 Feet of Delivery, a pitch competition for innovators improving the last leg of the […]
The $320 million project will double the annual throughput of the Virginia International Gateway container terminal.
Logistics platform launches in second European country, where the trucking industry and shippers contend with a growing driver shortage and too many empty kilometers.
Estimates of how many owner-operators are in the market is often inflated by 200 or 300 percent. This means at some point freight brokers will have to focus on larger […]
Knight-Swift reported results within its recently lowered guidance range and doubled down on its estimation that the TL capacity correction is underway.
Boris Johnson will become the Prime Minister of the U.K. today, and will be assuming responsibility for the nature of the U.K.’s exit from the European Union.
A Bureau of Industry and Security official broke the news during the CBP trade symposium this week.
Low pricing will speed up Europe’s transition from coal to gas, according to Morgan Stanley.
Boeing (NYSE: BA) posted a core loss per share of $5.82 for the second quarter of 2019.
The new officers will begin their duties Aug. 12.
Thunderstorms could have a two-pronged effect today in the western U.S.
There is some uncertainty for commodities such as grain, lumber, coal and crude, but Canadian National (NYSE: CNI) leaders are “cautiously optimistic” about volumes and how the company might perform in the second half of the year.
Truck sales and profits were a bright spot in an overall dismal second quarter for Daimler AG, parent of Mercedes-Benz Cars and Daimler Trucks.
Norfolk Southern’s (NYSE: NSC) second quarter net profit rose slightly as the company prepared to launch the next phase in its new precision scheduled railroading (PSR) operating model. Net profit […]
U.S. next day air volumes set the pace for UPS’ second-quarter results
Companies may not be doing enough to secure their cargo from their own employees.
Stock market analysts are not excited by the initial public offering (IPO) of the container- and forestry-products focused Port of Napier on New Zealand’s east coast.
Criminal syndicates are smuggling huge volumes of methamphetamine around the globe by hiding it in the lawful flow of freight. Find out where meth flows, how it flows, and who profits as it flows.
UPS launches a slew of products in arguably its biggest one-day portfolio change in its history
Schneider wins award for security excellence, while US Xpress honored as carrier of the year by FedEx Ground
Manhattan Associates stock pops on an earnings beat and a guidance raise. Management brushed back concerns around tariffs, Brexit and other potential geo-political concerns as potential risks to its new targets.
The U.S. Surface Transportation Board (STB) is seeking public comments on Brookfield Asset Management’s proposed acquisition of shortline operator Genesee & Wyoming. Broofield announced plans to acquire GWR earlier this month in a deal valued at $8.4 billion.
A federal court puts the retroactive question back in the hands of the court that first made the A-B-C test.
Canadian National (NYSE: CNI) reported increases in net profit and revenue in the second quarter of 2019, with its acquisition of trucking and transportation provider TransX providing both higher revenue and costs.
The latest survey results show the highest compliance rates observed so far.
U.S. railroads had fewer employees on their payroll in June amid lower rail volumes overall and company decisions to trim workforce levels as part of changes to their operating models.
R. Eddie Wayland, TCA Legal Counsel A trucking company retained two drivers to serve as independent contractors and, on that basis, the company was allowed to make wage deductions, including […]
EKA Solutions recently launched MPlace, which allows larger shippers and brokers to create private marketplaces where they can trade with “trusted providers in a more precise, automated and real-time manner.”
Study would bolster steps undertaken in the private sector to address the problem.
The on-demand warehousing solution picks up leading logistics providers as customers.
Alibaba re-arranges the US B2B e-commerce landscape by opening its platform to US sellers
Brian Aoaeh writes about how machine learning and artificial intelligence can be used to improve transportation and decrease emissions.
The former CEO of Trailer Bridge disagrees with figures presented on the Jones Act.
Narrow vote overcomes opposition to Comprehensive Economic and Trade Agreement, which has boosted France’s exports.
PACCAR Inc. added to a string of beating analyst revenue estimates in the second quarter but fell 3 cents short on earnings per share consensus. PACCAR set records across the board in the period ending June 30.
Maryland Governor Larry Hogan (R) said Maryland has received a $125 million federal grant that the state hopes will lead to an expanded rail tunnel in Baltimore to allow for taller trains to travel to the Port of Baltimore.
Kuehne + Nagel (K + N) said it is cautiously optimistic on the outlook for the second half of 2019, but it will be a “tough ride in a tough […]
For blockchain to improve visibility and accountability within food supply chains, its underlying data needs to be in order.
Blockchain can help standardize supply chain processes while also ushering in much-needed transparency and visibility.
Jim Blaze writes about the pros and cons of shippers owning or leasing their own freight railcars to move their products.
The California Department of Transportation has started a massive construction project that will lead to nighttime closures of State Route 60 out of Ontario for months.
The San Francisco Conservation and Development Commission will use a new 199-page report to update its seaport plan.
Morocco expects to export 200 to 500 metric tons of fresh raspberries to the continental U.S. yearly.
Ecommerce continues to grow and Amazon and its competitors continue to innovate and grow. Read insight into the phenomenon by Anothy Smith.
South may get soaked today, in some areas, with flash flooding possible.
Chicago to Atlanta should jump in September, LA to Dallas peaks in November, and Seattle to LA hits a high in December.
EKA Solutions recently launched MPlace, which allows larger shippers and brokers to create private marketplaces where they can trade with “trusted providers in a more precise, automated and real-time manner,” […]
U.S. Customs and Border Protection is starting a voluntary pilot Aug. 22 to collect advance data related to e-commerce shipments with import values of less than the $800 de minimis.
BRP Inc. recently expanded the capacity at two of its production facilities in Mexico, where it builds its powersport and personal watercraft vehicles. The Quebec-based company’s increased production comes at […]
Fenix Marine Services aims to make faster dwell and truck turns the capstone of a nearly two-year project to upgrade the second largest marine terminal in Los Angeles. Fenix is […]
The already dicey relationship between the U.S. and China could get even dicier after a new sanctions decision.
Some proactive trucking companies and drivers have been taking steps to identify and eradicate human trafficking for years.
Labor Department says drivers do not have to be paid for time spent in sleeper berth.
Several heat-related deaths reported from Midwest to the Northeast
Amazon.com, Inc. (NASDAQ:AMZN) announced today it will open two more fulfillment centers in Ohio, which will bring to 10 the number of locations that the e-tailer operates in the state. […]
FMCSA, USDA to standardize definitions for HOS exemption enforcement.
sennder has now raised nearly €100 million this year across two rounds of funding.
Louis Sola joined the Federal Maritime Commission earlier this year with the goal of working with industry to tackle inefficiencies in the U.S. container supply chain.
Scott Case writes about what recent FAA grants mean to airports and to the movement of airfreight and air cargo.
California-based startup Cargomatic competes in the local freight-matching marketplace, using technology to connect drivers and shippers without all the back office red tape.
Rates for mid-sized bulkers including Kamsarmaxes and Ultramaxes are following Capesizes’ lead.
FreightWaves Freight Intel Group predicts an increase in trucking company failures in 2019. Read why they make that prediction in this article.
USPS’ pension problems could cost it more than money. CO2 as a KPI for freight? CPG edible firms need to start going online
This article brought to you courtesy of NEXT Trucking The ability of marine terminals to move ocean containers quickly is becoming a selling point for shippers frustrated with long delays […]
TraPac says upgrades were needed to allow the Los Angeles terminal to handle 2.4 million TEUs by 2038.
Ben Thrower explores the financial and political influence that China is wielding in Panama and around the Panama Canal.
Several inches of rainfall possible today, tonight from Southeast to New England
Canadian Prime Minister Justin Trudeau toured the Port of Montreal with European Council President Donald Tusk.
The $30 million Heartland Intermodal Gateway has generated little income.
As many as 50,000 angry farmers throughout Mexico blocked highways and an international bridge along the Texas-Mexico border on July 17 in protest of the government of President Andres Manuel […]
Prime Minister Justin Trudeau touts Comprehensive Economic and Trade Agreement with the European Union, but Canadian exporters have been slower to take advantage of the deal.
West Virginia may look to sell an intermodal port that it developed, but which has failed to generate the expected level of freight volumes. The state’s Port Authority developed the […]
Canada’s largest transportation and logistics company releases second-quarter results on July 25.
