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Michigan State University and the FreightWaves Freight Intel Group have developed research on spot market freight. Read about that research here.
How to read the Class I railroads’ second-quarter earnings reports and what questions to ask.
Freight-matching startup SmartHop has joined TechStars NYC, a summer accelerator program that started yesterday, July 15. The company is excited about participating in the 13-week immersion program, said CEO and […]
Economic data from the goods side of the economy continued to trend in a positive direction in June, as both retail sales and industrial production posted solid gains.
Laredo Mayor Pete Saenz highlights improvements being made to the World Trade Bridge at the Texas-Mexico border.
The trucking industry’s technical recession is causing real-world impacts to the used truck market, where sales continue to fall and even sought-after low-mileage rigs are under pressure. Preliminary used Class […]
Freightos, the software as a service (SaaS) platform for the freight industry, is building an online pricing and booking platform for air cargo for one the biggest airlines in the […]
Denial to SBTC follows last year’s denial to OOIDA.
Logistics real estate company Prologis, Inc. acquires 37.5 million square feet in $4 billion deal.
Amazon workers strike on the company’s mega-discount Prime Day, asking for fair treatment, higher pay and decent working conditions within warehouses.
Drones could someday deliver thousands of packages a day, but who will monitor all this air traffic?
Canadian company dynaCERT has secured an order from a Mexican conglomerate for its HG1 carbon reduction systems for trucks in Mexico. As part of the order received through its dealer […]
Ship arrested after record cocaine bust is released after $10 million in cash and $40 million surety bond are posted.
“The certainty that comes from having USMCA in place will allow us to continue to invest in manufacturing in the United States with confidence,” says General Motors CEO Mary Barra.
Barry may flood more of the deep South, dangerous heat spreads elsewhere
Canadian Pacific’s (NYSE: CP) second quarter net income rose 66 percent amid a 13 percent increase in company revenue, the railroad reported on July 15. CP’s financials are reported in Canadian dollars, except for earnings per share.
After 38% growth in 2018, the company says it is optimistic about continued expansion.
Marken has acquired three European companies based out of central and eastern Europe, to expand its geographic footprint in the pharma and life science logistics segments.
Canada’s freight forwarders are working with the Canada Border Services Agency to test the processes for the country’s new paperless export reporting system, which is scheduled to become the only […]
Jordan Alliger rated UPS, FedEx, and J.B. Hunt ‘Buy’; XPO and C.H. Robinson ‘Neutral’; and Expeditors ‘Sell.’
Waterfront tensions are increasing as the Maritime Union of Australia declares more wharfside strikes around the country.
German logistics company Dachser says Ireland-based Johnston will be fully integrated into its network by September.
The available supply of US industrial property rose during the first half of 2019 for the first time since the end of 2010, according to CBRE
The Cass Freight Index Report offers two questions. “Has economic contraction already begun? Will GDP be negative in Q2?”
P.A.M. Transportation Services reported “best second quarter operating income on record”, but signaled future margins may be challenged.
Carriers steering clear of Louisiana due to precarious weather conditions can start accepting loads into the state again.
Peak oil demand “lurks like a monster in the shadows,” warns Stifel analyst Ben Nolan.
J.B. Hunt posted net earnings of $133.6 million in the second quarter, down 10 percent from a year ago.
Groups claim teen drivers carry more risk resulting in more fatalities.
Consumer enthusiasm and sky-high valuations disguise a bevy of industry challenges.
Hundreds of thousands lost power, levees breached, but overall Barry wasn’t so bad
In the wake of Hurricane Barry, Brian Aoaeh writes about the disruption to supply chains that hurricanes and flooding can do. In particular, the state of Louisiana and its ports are critical to the U.S. agriculture and energy industries.
Ashley Coker IMAGE: JIM ALLEN/FREIGHTWAVES Carriers steering clear of Louisiana due to precarious weather conditions can start accepting loads into the state again. While Hurricane Barry caused serious flooding over […]
Jim Blaze writes about earnings season for the railroads, and what investors, customers and employees should be looking and asking for in the railroads’ quarterly earnings reports.
Scott Case writes about the troubles Boeing is having with its 737MAX, as well as with its 787 Dreamliner. Learn the latest in this commentary.
Donald Broughton’s third article about the impact of the gross domestic product and how it can be useful for business intelligence and forecasting is a must-read.
Laredo Mayor Pete Saenz recently highlighted plans to remodel and expand the World Trade International Bridge, speeding up wait times for the 12,000 trucks crossing the Texas-Mexico border every day. […]
While operational efficiencies get the credit for a freight railroad’s improved operating ratio, other factors, such as changes in fuel prices and increases in freight rates, play significant roles according to a research paper by a law firm representing shippers in Canada.
The president opted instead to direct the establishment of a working group to examine the U.S. nuclear fuel supply.
Shipping lines and ports operators have committed to help establish the Global Shipping Business Network.
The port is cautious about the outlook for trade as peak season for containerized cargo approaches.
The U.K. is on the threshold of becoming independent from the EU, but it does not seem to have answers to the trade and logistics nightmare that would follow post-Brexit.
Good day, Businesses are setting aside huge sums to budget for unplanned supply chain issues, creating what Supply Chain Dive, in a recent article, called a new form of insurance […]
The Port of New Orleans has reopened, although the remnants of Hurricane Barry are producing drenching rains.
Several more inches of rainfall for parts of the South due to slow-moving Barry
Four of the largest shipping lines and five ports operators committed to support a blockchain development platform for the shipping industry. Hong Kong-based CargoSmart said the agreement with CMA CGM, […]
Middle East-India-Africa Express (MIAX) is scheduled to start operations in October.
Louisiana Rep. Clay Higgins introduced legislation to reauthorize and enhance the functionality of the CBP’s Customs Trade Partnership Against Terrorism Program.
All of the carriers on Transplace’s platform will integrate with Descartes MacroPoint by January 2020.
Technology is allowing the small carriers that make up the vast majority of the trucking industry to become a more integral part of the supply chain. Read more
Ben Thrower recently visited the Panama Canal. He writes about the canal’s expansion and what that means to global trade and the maritime industry.
During the first half of 2019, the International Maritime Bureau said 62 seafarers were taken hostage by pirates in the Gulf of Guinea.
Boeing’s (NYSE: BA) 737 MAX planes might not return to service until next year because of software and other issues that still need to be fixed.
The Port of New Orleans has reopened after Tropical Storm Barry swept through the region, although officials still stress dangerous flooding conditions for area residents.
Officials weigh transportation options for migrating fish blocked by landslide in British Columbia.
The trucking apocalypse is upon us, and it has taken its latest victim. This time, it’s a 40-year-old carrier out of California. Timmerman Starlite Trucking Inc. of Ceres, California, announced […]
There is an abundance of data coming out of food supply chains, and it is important for stakeholders to verify and validate these data points and leverage blockchain to functionally push supply chains forward.
Diesel prices jumped in the Midwest this month due to a significant tax increase. Small carriers will have to adjust to keep costs down and maintain business.
Former truck drivers and employees of LME Inc., headquartered in Roseville, Minnesota, are still in shock two days after the company abruptly ceased operations without warning on July 11.
Hurricane Barry made landfall in Louisiana on July 13, and as it did, it caused disruption to travel and cargo movement in the region.
Cowan Systems has acquired family-owned regional carrier Carlisle Carrier as it looks to strengthen its Northeast presence.
Three reports issued this past week all with the same conclusion: there will be a lot of excess oil in the world next year.
It can be a rough business doing freight and logistics in Australia. And now, in the Australian capital city of Canberra, it looks like the last-mile drone delivery business has gotten a fair bit more… dangerous!
After months of suggesting a pullback was possible, ACT President Kenny Vieth told FreightWaves on Thursday, July 11 that all metrics his firm tracks meet the technical definition of a recession – two consecutive quarters of negative growth.
The good news is that Amazon will see massive volume surges on Prime Day. Now it has to deliver all of them in one day.
Suspension will help drivers haul relief supplies in response to Tropical Storm Barry.
Bascome Majors says contract rates will be under downward pressure for the rest of the year, but spot rates may have already turned up.
Producer price data shows that trucking rates made some gains in June, but much of this was likely driven by seasonality
June 2018 was the busiest month in the port’s 108-year history.
United States and Mexican avocado growers and importers recently broke ground on a partnership facility called “Casa APEAM” in Uruapan, Mexico. The new $12 million facility will be a venture […]
Daimler provides lower financial guidance for the second time in less than a month.
States of emergency declared as Tropical Storm Barry approaches Gulf coast
France-based freight-forwarding and logistics company in talks to buy 80 percent stake in unnamed firm.
Trade experts tackled the bilateral trade war, which has lasted for more than a year, during a panel discussion Wednesday.
Supply chains are embracing cutting-edge technology, in an attempt to reduce costs and increase efficiency. However, it is critical to understand which technologies to invest in to stay away from tilting the delicate balance of value chains.
Issues for carriers involved in U.S. drug trafficking or other criminal investigations outlined.
The fake Edison Professional speakers, with a manufacturer’s suggested retail value of $253,572, originated in China and will be destroyed.
OneLedger has joined the Blockchain in Transport Alliance (BiTA). Read about BiTA’s latest member and its reasons for joining.
Good day, Much to their chagrin, mobility companies aren’t known for their civic mindedness. Shifting the narrative, equity was a central theme at a TechCrunch mobility conference held this week […]
Kari-Pekka Laaksonen formerly led Containerships.
Largest marine terminal in North America gets another vote of approval for new cargo-handling equipment at Pier 400.
This article brought to you courtesy of NEXT Trucking Transloading services are becoming an increasingly popular option for international shippers looking to beat the cost of carrier haulage by an […]
A look at how brokers and 3pls process invoices. Sponsored by HubTran.
Union Pacific’s (NYSE: UNP) intermodal rail service saw average speeds sink to a two-year low in the second quarter, with shippers and intermodal marketing companies reporting extensive delays in getting […]
A suspension “until further notice” of the latest round of draft restrictions on ships using the Panama Canal was issued yesterday by the Canal Authority. Dry conditions are likely to continue throughout July and may last to the end of the year.
An end to growth-stopping financial penalties on the Port of Newcastle is definitely not on the agenda after the NSW state government re-committed to its existing policy to keep the port in a crippled state.
The Caribbean is container shipping’s all-important crossroads of the Americas.
Less than truckload carrier LME has suddenly closed its doors.
Maersk, for the second time, was granted a permit by the Port of Los Angeles that would allow its APM Terminals subsidiary to install infrastructure for electrified, automated container handling […]
Premiers seek to improve the flow of goods among provinces, but stop short of pushing for major leaps during annual summit.
The bill would require new trucks weighing over 26,000 pounds to be equipped with speed limiters set at a maximum speed of 65 mph. Existing trucks already equipped with the technology would be required to set the devices at 65 mph as well.
As the Class I railroads begin reporting their second quarter earnings results next week, some members of the Wall Street community expect the lower rail volumes from the second quarter to affect the railroads’ financial results.
At least 250,000 barrels a day of crude immediately affected by Tropical Storm Barry
ACT Research says the trucking industry meets the definition of being in a technical recession as all major metrics it tracks have declined for two consecutive quarters.
U.S. Xpress lowered its financial outlook for the second quarter 2019 as well as the full year.
Amazon to retrain 1/3 of its workforce to meet challenges of securing high-skilled labor. Transport and logistics skills will also be elevated
California bill affecting owner-operators will die if not on governor’s desk by September 13.
