2019 Update: Trade wars and economic downturns among top supply chain risks
Supply chains are forced to contend with risks involving border skirmishes, trade wars and embargoes, with even climate change having a bearing on its fortunes.
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Supply chains are forced to contend with risks involving border skirmishes, trade wars and embargoes, with even climate change having a bearing on its fortunes.
The Port of Los Angeles saw May container volumes grow at their best year-to-date level since January, even as empty containers still account for most of the growth. To keep […]
A major developer of, and financial investor in, Asia Pacific logistics parks has launched a potential US$1.24 billion initial public offer on the Hong Kong stock exchange.
The truckload spot market experienced another month of softness in May, confirming recent commentary that normal seasonality isn’t taking shape.
The employee alleged that his direct supervisor, who was a married man, required him to “organize rendezvous and dalliances with female companions,” go to strip clubs, search for women on the internet, and meet with escorts while on business trips.
FreightWaves Market Expert Anthony Smith writes about the issues impacting the U.S. housing market. As important as these issues are, they have a ripple effect on other areas of the U.S. economy, including trucking.
Nicholas Press, Founder and President of CEC Systems, explores the maritime industry’s problem with empty containers and explores potential solutions to deal with them.
Incentive to get safety advocates, Congress on board
R. Eddie Wayland, TCA Legal Counsel IMAGE: SHUTTERSTOCK The employee, a male executive, failed to allege claims for actionable sex discrimination and sexual harassment where he failed to allege that […]
International shipping has become one of the largest drivers of domestic shipping volumes in the United States over the past several years. Knowing when and where container volumes are moving […]
Today on FreightWaves NOW, we hit reefer volumes and seasonality action out West, intermodal and rail year-over-year updates, and a jobs report.
The agreement — also signed by Russian Direct Investment Fund, Rosatom and Norilsk Nickel — outlines a study of the commercial options for the use of the NSR.
Walmart has exported its on-time, in-full requirement on the international marketplace. The results are improving but there is a lot of work to do.
Millions of tons of cargo, inducing U.S. grains, remain stuck due to flooding.
A great deal of focus has been placed on the seasonal weakness in TL volumes, but LTL volume weakness is equaling concerning.
Laredo’s historic reign as the top United States trade port was short-lived, as the Port of Los Angeles rebounded from its lowest monthly total in three years, enabling it to […]
Canadian John Deere dealership network enters trucking business with C$13.5 million deal.
Industry detail from the Producer Price Index showed rates in trucking increased modestly, though long-distance truckload rates continued to decline.
Market expert Brian Aoaeh writes about the supply chain and how the world, business and ecommerce are changing due to ongoing innovations.
Fiscal year-to-date TEU volume at the two container terminals is up 9.7%.
Continental and Leia are working on a 3D instrument display that brings to life the vehicle and its surroundings.
Maersk is building a cold storage facility for bananas as well as refrigerated and frozen products in St. Petersburg.
Your weekly fuel report has arrived.
Developers are poised to bring new software to the ocean shipping sector. What will work and what will not?
Trucking could get hit “very hard” by an economic recession, ATA warns
Freight visibility is no longer considered a premium benefit the best brokers offer their shippers. It is simply an expectation that most brokers struggle to meet.
As some autonomous trucking startups seek to eventually eliminate drivers’ jobs completely, Starsky Robotics is taking a different approach.
The exact cause is still unknown, but initial reports found the schooner turned in front of the Astrosprinter in the Elbe River, according to a German radio station.
AllianceTexas will now have a mobility innovation zone for companies to test their futuristic transportation technology before commercial deployment.
Aymeric Chandovoine is promoted, Criss Edwards is hired and Justin Renfro assumes company leadership.
Hubtek has joined the Blockchain in Transport Alliance (BiTA). Read about this new company and why it joined the Alliance.
Werner Enterprises continues to invest in U.S.-Mexican trade, regardless of the ups and downs of President Donald Trump’s trade negotiations. In May, Werner opened a new 17,000-square foot refrigerated cross-dock […]
Autonomous shipping is slowly gaining greater attention in the maritime industry, prompting more industry players to figure out where they will fit in what may be the future of ocean […]
The International Roadcheck inspection blitz kicked off last week in North America, but some U.S. truckers reported that scale houses in some states were closed or they were waved through the scales because inspectors were busy reviewing other commercial vehicles.
The transition to e-commerce and anticipated advances in automated trucking are forcing the freight railroads to adapt to supply chains that require railroads to be more responsive and nimble. One way that the railroads are seeking to address this challenge is by hiring executives outside of the railroading community, in the hopes that placing a non-rail executive in a leadership role will help the railroad weather systemic changes within the supply chain.
About C$12 million in federal and provincial funding will support fuel-saving devices and retrofitting.
“Authorized filers will be able to file electronically in ACE and will no longer have to submit paper nor mail in checks to pay duties for these filings,” CBP said.
Workhorse Group secured $25M in funding to help finalize development of its NGEN electric delivery vehicle.
Lufthansa Cargo forms dedicated unit to capitalize on cross-border e-commerce
The good news is that Evan Armstrong of Armstrong & Associates thinks that U.S. third-party logistics providers’ (3PLs) revenues will grow at a 7.7 percent compound annual growth rate (CAGR) […]
The technology aims to improve the way heavy vehicles stop while operating autonomously.
IMAGE: JIM ALLEN/FREIGHTWAVES Guest post by FreightWaves’ Clarissa Hawes The International Roadcheck inspection blitz kicked off earlier this week in North America, but some U.S. truckers reported that scale houses […]
The news comes days after its parent company nixed a partnership with Groupe Renault.
Recent produce volumes out of California increasing as much as 40 percent.
Railroad market expert Jim Blaze writes about the movement of chemicals by rail and how that sub-set of railroad traffic is profitable and may grow significantly in the near future.
FMCSA wants to fill “critical data gap” on loading dock wait times
The Global Ports Tracker forecasts higher import totals between June and September for the U.S. ports it covers, but the projections are lower than forecasts from May.
The highways of Mexico continue to be risky for truckers as cargo thefts rose 6 percent for the first four months of 2019, according to the Mexico City-based National Chamber […]
North American lighting provider purchases Nashville-based firm specializing in location-based asset management.
We look at the trucking futures forward curve, Morgan Stanley’s index, the Coyote Curve, and projections from Susquehanna.
The Surface Transportation Board is considering initiating a more formal review of how it resolves rail rate disputes.
Mexico had a close shave with avoiding trade tariffs last week, but it is essential for the freight industry to understand the disruption tariffs could create on cross-border trade.
The FedEx-Amazon divorce isn’t that big. AI to transform Indian transport. GLP out at the top of US logistics real estate market?
As the Tory Party leadership battle, which will also see the election of a new Prime Minister, hots up the challengers are being buffeted by outside forces, pushing them further towards a hard Brexit.
“The ongoing political volatility” spurs the Mediterranean Shipping Company to apply a premium surcharge of $150 for 20-foot containers and $300 for 40-foot containers.
The fires set on the MSC Canberra off Haifa reportedly were not the work of a terrorist.
Higher cost of Chinese goods could result in lower transpacific volumes and need for more direct calls at ports near new suppliers.
Senior Vice President Michael Zahra replaces co-founder Tony Di Benedetto less than a week after company inks deal with Air Canada.
The 14,000-TEU containership employs technology that facilitates flexibility in operations and boots fuel efficiency.
The two companies signed an agreement at the 2019 St. Petersburg International Economic Forum.
Your snapshot of what the markets are doing this week.
The agency is “interested in data sources, methodologies and potential technologies” that could give insight into loading and unloading delays.
Market expert Cathy Roberson looks at the airlines’ and air cargo carriers’ need for pilots today and for the forthcoming future. Many factors are contributing to this ongoing need; ecommerce is a major factor.
President Trump agreed to indefinitely suspend threatened tariffs against Mexico after a deal aimed at stemming the flow of illegal migration to the United States was reached.
The first installation of the Airseas-developed SeaWing on a bulk carrier in an effort to reduce emissions is scheduled for late 2021.
Data’s role in improving operational efficiency within the freight industry is growing bigger, even as security concerns around keeping data secure is mounting.
An assessment conducted by the nonprofit Business for Social Responsibility compared containers transported per kilometer in 2018 to 2009.
The Port of Los Angeles expects cargo volumes to dip in the coming fiscal year due to the fall-off from last year’s front loading of containers and the potential impact […]
U.S. coal export volumes are down 12.7 percent in the first four months of this year and the outlook looks even worse for 2020.
The International Roadcheck inspection blitz kicked off earlier this week in North America, but some U.S. truckers reported that scale houses in some states were closed or they were waved through the scales because inspectors were busy reviewing other commercial vehicles.
Looking at how Canada’s forthcoming mandate might affect the 62,000 trucks that don’t cross the border.
The structure of the Brent market says tightness, but the inventory numbers in the U.S. beg to differ
A consortium comprising DP World of the United Arab Emirates, the Russian Direct Investment Fund (a sovereign wealth fund), Rosatom and Norilsk Nickel have agreed to look into developing the Russian Northern Sea Route.
FreightWaves’ SONAR chart of the week (June 9, 2019 – June 15, 2019) Chart of the Week: Wait Time (El Paso, Laredo) (SONAR: WAIT.ELP, WAIT.LRD) International trade has been a […]
President Donald Trump said he has called off plans to impose tariffs on Mexico, tweeting on Friday night that the Mexican government has “agreed” to stem the flow of Central […]
Experts say Aussie trucks should be widened a tiny amount… but officials ain’t listening. Also: truck driver funding; fatigue; drugged drivers.
FedEx and Amazon part ways on US air services with both probably the better off for it
Three young executives have taken on new roles at Chattanooga-based Covenant Transport Services. The promotions, effective last month, set the trio up to take on new responsibilities as enterprise-wide leaders.
Is a recovery near for VLCC crude tanker spot rates? Not yet, warns an an analyst at VesselsValue.
Guest post by FreightWaves’ Noi Mahoney For the first time in its 168-year history, Port Laredo is number one. Laredo, Texas surpassed Los Angeles, California as the nation’s busiest trade […]
FedEx Express terminates its domestic air delivery business with Amazon to focus on broader e-commerce market
Truckload carrier stocks have held up through the last six trading sessions, walking through a couple of potential body blows.
Transfix, the venture capital-backed digital freight marketplace based in New York City, announced that Ahmad El-Dardiry joined the company as its new chief revenue officer. El-Dardiry comes to Transfix from […]
Lawmakers quash recommendation to reject C-48, which would effectively ban large-scale crude transport along the northern coast.
The St. Lawrence Seaway Development Corporation invested $23 million to install the technology in the U.S. Snell and Eisenhower locks.
Job growth in the overall economy slowed in May, and hiring within the trucking industry continued to stall in the 2nd quarter.
Honors also go to Air France KLM Martinair Cargo, Amsterdam Airport, Brim Explorer, CHAMP, Dropslab, NYK, Schneider, Sovcomflot, UltraShip and Werner drivers.
TranzAct Technologies is the latest company to join the Blockchain in Transport Alliance (BiTA). Read why it has joined BiTA and learn more about the company.
Flooding still keeping trucks off interstates, barges stuck at ports.
Market expert Scott Case writes about an innovative program at Miami-Dade International Airport that generates revenue while helping the citizens of Brazil receive e-commerce purchases much quicker than ever before.
The SAFE Bridges Act would authorize $2.75 billion to establish a formula grant program that would allocate funding to states.
The open standard, scheduled to be published in October, will start with refrigerated containers before expanding to cover all types.
In partnership with Slync… AWR products enable supplier and retailer networks that react as one.
The port’s 2019 volumes are up, but China accounts for 38% of its trade.
Market expert Donald Broughton writes about the numerous consequences of a U.S. Mexico trade war and the damage that will be done on both sides of the border.
The 48-member bipartisan group’s “Rebuilding Infrastructure Report” called for modernizing user fees and incentivizing public-private partnerships.
The most successful businesses are spending 1.7x the average marketing budget on live events.
Coord provides a platform to analyze, share, and collect curbside data.
Both container and bulk terminals have a large number of projects planned.
While Commerce calls for increased domestic production of “critical minerals,” it highlights the need to boost investment and trade with countries friendly to the U.S.