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The U.S. Treasury Department’s Office of Foreign Assets Control took PB Tankers and its six tankers off the Specially Designated Nationals and Blocked Persons List after three months.
The Japanese Ministry of Economy, Trade and Industry said it’s become increasingly concerned that South Korea’s export controls are insufficient for certain “sensitive items.”
Hope springs eternal for shipping stocks. Some analysts claim now is finally the time to jump back in.
Longshoremen around Australia are walking out on the job for two-, three- and four-day strikes in the latest collective employment dispute. A series of work bans on overtime and shift extensions is also now in effect.
Integrated logistics provider Qube (ASX:QUB) issued its formal takeover to the shareholders of target logistics service provider, Chalmers (ASX:CHR) on Monday, July 8.
New Penn Motor Express to close its Pennsylvania headquarters after 88 years.
More than $400 billion in freight crossed in both directions through the United States-Mexico border by truck in 2018. In Laredo, Texas, alone, more than two million trucks carried goods across the border last year.
A federal prosecutor filed to seize a container ship at the center of one of the largest U.S. cocaine busts in history, a first step to a possible forfeiture of […]
It has now been a half-decade since the emergence of large-scale container liner alliances. What’s their track record?
Navistar and Daimler Trucks North America are recalling some severe-duty trucks because the axle assembles were not properly lubricated at a Meritor plant.
Jim Blaze writes about railroad movement of scrap – the market today and the future of the market.
Guest post by FreightWaves’ Noi Mahoney More than $400 billion in freight crossed in both directions through the United States-Mexico border by truck in 2018. In Laredo, Texas, alone, more […]
This morning (July 8) Morgan Stanley’s transports equities analysts cut their 12-month price targets for most of the companies they cover, but said that following the release of second quarter […]
Volvo Trucks North America is leading a partnership to get heavy-duty electric trucks and the infrastructure they’ll need underway in California.
A $1,000 increase is announced for 40-foot containers moving from Asia to the U.S.
Cathy Roberson writes about Beijing’s new airport – and plans for many new airports in China and what impact they may have on the economy of the country.
The Senate Commerce Committee is scheduled on Wednesday to mark up a bill that would establish a blockchain working group aimed at determining potential applications for blockchain, including in federal […]
Logistics has been the key to sustaining the 10-year economic recovery. Amazon is gaining strength in self-handling though not 48 percent. FedEx’s Smith pledges there are no “sacred cows” at the company
The agency called the seizure of the 10,776-TEU MSC Gayane the largest in its 230-year history.
Charger Logistics’ new state-of-the-art facility in Laredo is up and running. The company aims to double its business in Mexico and grow overall capacity by 200 trucks and manage 600 […]
Leverage real-time analytics and data collection to save you and your customers money across categories.
Ben Thrower profiles Virgin Trains USA’s plans for private passenger service in Florida, Nevada and California. Richard Branson changed air travel; will he be able to do the same thing with passenger train service in the USA?
The blue-collar job market still uses conventional methods for sourcing and recruitment, making the industry highly inefficient, complex and opaque. Wonolo is automating the redundant manual processes to improve the situation.
Stormy in the Plains, road repairs after California quakes
FreightWaves’ Freight Intel Group has released a new study of the impact of IMO 2020 on the U.S. trucking industries (and other industries). Read what may happen to diesel fuel prices.
One of the largest eastern U.S. ports is looking to promote the use liquefied natural gas as the marine fuel of the future. The Port of Virginia announced it will […]
There’s already a lot of hand wringing about the outcome of the latest OPEC meeting. But the group has stepped aside for virtually the oil market’s growth in the last 10 years.
The service will offer connections to APL services to and from Asia.
Analyst says 1.2 percent increase in June, largely in Ontario, represents a recovery from weak February and reflects the overall health of the economy.
More than $400 billion in freight crossed in both directions through the United States-Mexico border by truck in 2018. In Laredo, Texas, alone, more than two million trucks carried goods […]
Executives talk fuel cells, Chinese joint ventures and why hydrogen-powered ferries are the next big thing.
Durable goods and dry van orders are declining. Could this mean a rough second half of 2019?
FedEx preaches patience and looking beyond FY2020’s results. It will be a tough sell.
Governor Gavin Newsom requests federal assistance from President Trump
U.K.’s Competition and Markets Authority served an initial enforcement order to both Amazon and Deliveroo over concerns about the transaction that took place during the latter’s fundraising in May this year.
RF Controls has a passive RFID tag solution that provides precise location tracking of tagged items over long distances that also works without batteries.
Two separate reports last week showed just how vulnerable trucks and trains are. Why are trucks and trains smashing into each other?
Job growth rebounded nicely in June as the economy added 224,000 workers to payrolls during the month. The transportation and logistics sector was one of the many areas of strength in June, led by improved gains among parcel and trucking companies.
Reefer specialist claims use of the word “prime” constitutes unfair competition.
The Justice Department said Yi-Chi Shih illegally exported military-grade semiconductor technology to China.
Conversion to hybrid yard cranes will result in a 96% drop in emissions.
As more bulk and oversize cargo gets transported in containers, some shippers are abusing equipment, says the Institute of International Container Lessors.
Job growth rebounded nicely in June as the economy added 224,000 workers to payrolls during the month. The transportation and logistics sector was one of the many areas of strength in June, led by improved gains among parcel and trucking companies.
Walmart to open more than 10 DCs in China in next 1-2 decades
BMW and Daimler are collaborating on a long-term partnership to develop Level 4 self-driving cars that can drive autonomously on motorways and park without human intervention.
The driver of a tractor-trailer died during a deadly accident on July 3 after his truck was cut off by another vehicle and fell off the Houston Ship Channel bridge, […]
Container carriers implement charges on ships sailing through the Gulf of Oman and Persian Gulf.
Port Corpus Christi could emerge as the United States’ top crude oil export hub over the next decade, thanks to more than $380 million in new shipping facilities and three […]
The Fourth of July weekend brings a record number of Americans on the highways, increasing accidents due to driving distractions, intoxication and even fatigue.
Bigger “follow up” earthquake possible in California
The California Retailers Association opposes a bill to have the State Lands Commission approve port automation.
Good Day, On July 5, 1995 Jeff Bezos left his job at a hedge fund in New York, drove across the country and launched an online book selling business from […]
Sanctions, the Committee on Foreign Investment in the U.S. and Section 232 will be among the topics covered.
Mark Morgan, formerly acting director of Immigration and Customs Enforcement, succeeds John Sanders.
With IMO2020 just around the corner, FreightWaves Radio this weekend takes a look at how it might impact fuel markets. J. Scott Susich, the director of data analytics and advisory […]
The Florida East Coast Railroad’s ships ran a regular and profitable service from 1915 to 1940.
Customs and Border Protection agriculture specialists in Port Manatee, Fla., discovered the potentially destructive pest in a shipment of malangas from Mexico.
The service problems associated with precision scheduled railroading (PSR) have motivated forest products and scrap recycling shippers to press the Surface Transportation Board to renew a longstanding request for regulatory oversight.
Truck driver Patrick Allen Boon must now serve nearly two decades in jail for beating his boss to death with a hammer and wrench in a two-stage attack.
Truckers are “aghast” at massive increases imposed upon them by marine terminal operators to use the Vehicle Booking System. State government action may now be in progress as consequence…
Magnitude 6.4 quake shakes southern California 4th of July morning
Purchase of Argus and Inter-Urban grows the Canadian company’s less-than-truckload business and brings C$25 million in annual revenue.
The U.S. fireworks supply comes primarily from China, and one company controls most of that trade. Read Market Expert Henry Byers’ fascinating article about fireworks!
Amazon is having trouble with late deliveries; OPEC cuts production due to weakening demand growth; Vietnam might face increased tariffs on its U.S. exports.
Hurricane Barbara still spinning, Florida is sizzling
Eliminating delays is source of pride for the beef processor and retailer
Ships all over the world are running aground despite having highly trained, qualified and experienced crew. Why?
It may have gotten lost in the United States’ trade war with China and immigration battle with Mexico, but President Donald Trump’s steep tariffs on all imported steel and aluminum […]
Class 8 new truck orders rose in June from a three-year low a month ago, but the first six months of the year accounted for the slowest first half since 2010.
AAA expects 41.4 million people to be on the roads over the holiday.
It’s taken more than 20 years, but the mandatory automated submission of in-bond information to CBP via the Automated Commercial Environment starts July 29.
PTL re
Some believe the pace of regulatory and technological change is causing owners to pull back from newbuilding contracts.
Late harvests, unplanted seeds add up to higher shipping volumes
Rail volumes were off again for the week ending June 29, 2019 with U.S. railroads reporting a 5.5 percent decline.
Guest post by FreightWaves’ Alan Adler Class 8 new truck orders rose in June from a three-year low a month ago, but the first six months of the year accounted […]
Airfreight volumes worldwide remained weak in May. However, there may be modestly brighter skies ahead in the second-half of 2019
Rail union workers are at odds with other members of the freight rail industry over how cross-border rail operations are run at Laredo, Texas.
Maersk and MSC add a second service between Asia and U.S. Gulf ports, and ZIM will take space on both.
The U.S. Bankruptcy Court for the Middle District of Florida approved the $2.3 million sale of IPS Worldwide’s remaining assets to Europe Management SPRL.
Dry bulk shipping could be a winner following the ceasefire in the trade war between the U.S. and China.
The agreement provides for information exchange and better enforcement of customs laws in both countries.
U.S. companies eager to rekindle their exports with the beleaguered Chinese telecom Huawei should expect the unexpected, 40-year export control consultant says.
100-degree heat in the Sunshine State, Hurricane Barbara a force in the Pacific
Gemini Shippers Group, a non-profit shippers association that is nearly 100 years old, has joined the Blockchain in Transport Alliance (BiTA). Read about Gemini and why it has joined BiTA.
Global container port throughput is forecast to grow 3% in 2019 instead of 3.9% because of tariffs and other headwinds.
The growth of ecommerce is putting excessive pressure on transport networks, and cities need to look at better utilizing and charging for curbside parking and time spent delivering goods.
The West African country will join a list of countries eligible to trade in rough diamonds under the Clean Diamond Trade Act.
The cap and trade system begins with government allocated permits with must remain equal to the company’s emission.
Customs and Border Protection will refund all cash deposits of estimated countervailing duties collected on those shipments.
Softer air cargo seen across all major global trade lanes this year, but Industry leaders still optimistic.
In partnership with Slync… data integration layers are crucial for managing and adapting to new risks to supply chains.
Class 8 truck orders rose sightly in June from May’s figures, but posted their worst first six months of the year since 2010.
The California Air Resources Board (CARB) levied a $500,000 fine against Anheuser-Busch for violating the state’s air pollution laws, the agency announced on July 1. The brewing company’s California fleet […]
Could the record seizure of cocaine aboard the MSC Gayane be a sign of things to come?
