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Trade war tariffs are hurting the competitiveness U.S. businesses working in China, according to the American Chamber of Commerce in China (AmCham China). Tariff troubles increased over the weekend as the latest round of Chinese tariffs on $60 billion of U.S. goods began on Saturday, June 1.
Nearly C$50 million from the Canadian government will allow more cargo to move between terminals via rail, while rerouting rigs away from eastern city’s downtown.
Flexport hired a former White House trade and economic advisor in a bid to harness research from the digital first forwarder’s datasets and to help customers navigate the shifting sands […]
Despite weakness across global markets in May, as well as increased global trade hostilities, the German auto/truck manufacturer plans to move forward with the IPO.
Canadian National’s (NYSE: CNI) strategy to build up its eastern network could include even more partnerships with trucking and intermodal partners, the company’s chief executive officer said at an investor conference.
TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner News recently broke that General Motors (GM) and Bechtel, the largest construction company in […]
Fiat Chrysler’s merger bid with Renault is the type of consolidation that the auto industry needs at the moment to expedite innovation and the development of futuristic tech.
After being detained for 19 months in Louisiana, the master of the Ridgeway Alexander Z is allowed to return to Russia.
Panelists at a University of North Florida roundtable event said technology can help companies remain flexible and agile as the political environment shifts.
Singapore’s GLP had planned a US IPO. Instead, it has dramatically downsized its US exposure by selling most of its assets to Blackstone
Airlines will have 10 days to replace slats in 737 MAX and 737 NG aircraft
With each passing day, it seems the U.S. LNG export sector is gaining further momentum.
Interstates shut down, two ports suspend barge movement on Missouri and Mississippi rivers.
Trimble MAPS helps fleets automate visibility on the road and manage trips to gain a competitive edge in the market.
Canny investors are looking at the green credentials of the companies, including shipping companies, that they will invest in.
The offering with AirBridgeCargo and CargoLogicAir is planned to go live later this summer, the Berlin-based air cargo booking platform announced Monday.
New York Times bestselling author, three-time Golden Globe winner, and eight-time Oscar nominee Ben Mezrich will join FreightWaves LIVE Chicago as a keynote speaker this November. Mezrich’s ability to dive […]
Demand not expected to increase because of the impact of higher tariffs on trade.
Your snapshot of what the markets are doing this week.
A 20-acre tract will be added to the lease holdings between the port and Horizon, which opened a 70,000-square-foot vehicle-processing building at Port Freeport in 2015.
In executive moves, a European commercial manager is appointed, new CEOs are tapped, a chief economist is hired and a CFO and CIO are named.
Uber and Lyft want to soak up mass transit business but at whose peril? USPS is painting itself into a corner as it loses last-mile business of its key customers
Daniel Pickett, who leads the FreightWaves data science team, has written an analysis of current conditions in trucking and their…
The monthly economic roundup summarizes key results in the economy over the past month and highlights trends worth watching
Tesla (NASDAQ: TSLA) is simply not investing enough cash back into its business in the form of capital expenditures to construct the production lines and build out the service infrastructure […]
The technology provides a low cost alternative to GPS tracking.
The action was taken after the Trump administration determined that India failed to provide the U.S. with fair market access.
To gain insight into the shifting landscape of freight brokerage, sometimes it’s best to follow the money, not the shiny new technology. The freight brokerage industry is undergoing a wave […]
No doubt these are unsettling and downright worrisome times, especially for those with global operations that conduct business with China and want to do the right thing.
The exclusions on such products as oil pumps, forklifts, garage door openers and medical equipment will be retroactive to July 6 and extend through June 4, 2020.
FreightWaves has acquired StakUp as part of a multi-faceted partnership with the Truckload Carriers Association.
Freight brokerage in the United States is mostly made up of small companies that have trouble scaling their businesses beyond certain revenue thresholds due to unstructured processes, under-utilization of technology, […]
Commentary As digital freight brokerage apps learn to concentrate on driving user engagement and building dynamic marketplaces that adapt to user behavior, they will start to resemble social media networks […]
The Port of Savannah aims to boost its market share of freight moving into the U.S. Midwest, saying it offers a cheaper way into the Gateway of the West than […]
Potential for added employment costs for trucking companies down the road.
Airline Garuda Indonesia has been ordered by an Australian court to pay A$19 million (US$13.14 million) in penalties for air cargo price fixing as part of a massive international cartel. Australian penalties of A$132.5 million (US$91.64 million) have so far been levied against 14 airlines.
Approximately 9,000 inspectors in North America will be inspecting commercial vehicles and drivers during the Commercial Vehicle Safety Alliance’s annual enforcement blitz scheduled for June 4-6.
Diesel prices fall in the western Canadian province as a leader makes good on a campaign pledge. But the Trudeau government plans impose a federal surcharge soon.
There may be so little demand post-2020 for high-sulfur fuel oil that it may end up stored aboard tankers.
Last year, carriers avoided hotspots for vehicle inspections during CVSA’s Roadcheck week. Now the market has turned, so has their attitude about these areas.
The purchase is the latest in a string of acquisitions the company has completed in the past five years.
There was a significant outcry among customs brokers at the southern border after President Trump tweeted last week that he plans to impose tariffs on all goods from Mexico to […]
The logistics giant said it will “fully cooperate” with any investigation.
President Trump’s recent announcement of tariffs on Mexico marks a sharp departure from previous moves with potentially disastrous results for U.S. businesses and supply chains
A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what’s ahead. A recent report by Moody’s on the health […]
Deadly crash treated as a potential murder/suicide; Mainfreight reports US$1.93 billion of revenues; druggy truckie gets 14 months; freight costs revealed.
Nearly 47,000 Americans work in trucking-related jobs supported by cross-border freight movements with Canada and Mexico. A significant number of jobs could be impacted by President Donald Trump’s latest tariff threat on all Mexican imports.
Third-party logistics providers will see their growth dented by the threatened tariffs on Mexican imports. The question is by how much?
As U.S.-China trade tensions escalate, data appears to be pointing to a volume slowdown.
e railroad industry is “concerned” about a possible disruption of the North American supply chain should the U.S. impose tariffs on imports from Mexico. But for now, the rail industry is taking a wait-and-see stance.
Portland is the first airport in the country to use the technology, which aims to relieve congestion in the airport arrival zone.
Today on FreightWaves NOW, we discuss the promise of the Mexico tariffs from a volume, rate, and oil perspective.
Daimler Trucks announced it is establishing the Autonomous Technology Group as part of its effort to put highly automated trucks onto roadways within the next decade.
Honors also go to Dayton Freight Lines, Manhattan Associates, Southeastern Freight Lines and TQL, and Port of Long Beach scholarship recipients are announced.
The mandatory adoption of electronic logging devices (ELDs) has given decision-makers the ability to access a wealth of data they never knew they needed. The tough part is attempting to sift through and draw insights from that data.
The port and the St. Louis Regional Freightway are seeking to form a relationship to explore opportunities that support growth in both cities.
Landstar System (Nasdaq: LSTR) named Robert Brasher as its new vice president and chief commercial officer, effective June 3, 2019. Brasher, a 19-year veteran of the asset-light logistics company, succeeds […]
The Confederation of British Industry has written to Tory leadership candidates warning them of the damaging consequences of a no deal Brexit.
While the degradation was seen across most sectors, the transports are seeing outsized declines.
FreightWaves is providing a forum – Market Voices – for a number of market experts. Last week I wrote about why the ongoing decline in lumber shipments and the ongoing […]
Dockworkers return to work Thursday afternoon after all-night negotiations.
Judge says New York must concur with New Jersey’s desire to leave the bi-state law enforcement agency.
The supply chain has become a pawn in the battle over immigration, and freight businesses are the ones who will be hurt.
For the second year, FreightWaves will co-sponsor Dynamo VC’s Founders Camp.
The programs are offered at Florida International University and the University of North Florida, which opened registration for its initial course Friday.
Consultant warns exporters still need to exercise common sense to ensure there’s no suggestion that the integrity of an export transaction is suspect.
The administration sent to Congress a draft statement to propel USMCA implementing legislation Thursday, the same day Trump tweeted he plans to impose tariffs on Mexico.
Locks are closed, tons of grains can’t get to ports for export.
Attorney reports difficulties for U.S. firms as China moves from national to provincial registration of non-vessel operating common carriers.
Robert Brasher is succeeding Patrick O’Malley as vice president and CCO, and material handling industry veteran James Heuker is hired.
COAC’s Northern Triangle Working Group gains momentum with 50 members and involvement from nongovernmental organizations and the United Nations.
Plus: Port of Everett lands new tenant; biodiesel trumps other clean fuels in California and Europe gets a luxury CBD e-commerce site
Blockchain can help expedite customs procedures, reduce expenses and boost both global trade volumes and economic output.
Tariffs starting June 10 at 5 percent to escalate to 25 percent by October 1.
Knowing how to access and utilize quality data has become an integral part of running a successful trucking company, but many decision makers have been left scrambling to keep up with changing technological demands.
Other Bets revenue, primarily consisting of Uber Freight, increased 263 percent year-over-year to $145 million.
Canadian transport firm says cross-border truckload and intermodal division had struggled with weak freight market in Northeast U.S.
Raising the gas tax a priority despite pushback by conservatives.
Swiss company rebrands and names new management team, Indiana-based firm hires a national fleet sales manager and insurance union appoints an ambassador for Asia.
The industry notched at least two big wins this past week.
Longshore workers and employers reach tentative agreement on a contract, putting a quick end to what would have been a costly disruption for Canada’s economy.
FreightWaves is proud to deliver 24/7 news, data and industry insights, and now, as an extension of the FreightWaves brand, we’re combining the events previously known as Transparency and MarketWaves […]
FedEx says it will launch year-round Sunday deliveries next January, and will siphon off all of its business tendered to the US Postal Service
Only 17 percent of the relationships between the U.S. passenger and freight railroads required to utilize positive train control technology have interoperability, meaning that the host railroad can communicate with a non-host train through the technology, according to data released by the Federal Railroad Administration.
Move effectively brings Port of Vancouver, Canada’s single largest trade hub, to a standstill as longshore union and employers press on in federally mediated negotiations.
President Donald Trump said last week that talks would not continue until Democratic lawmakers “get these phony investigations over with.”
Shipping rates are clawing their way back from lows set earlier this year.
Navistar International has agreed to pay $135 million to truck owners to settle class action complaints over defective MaxxForce engines.
Trump’s tariffs might hurt the U.S. economy in the long run; Waymo is re-entering Arizona for autonomous truck testing; China might look to restrict rare-earth material export to the U.S. over trade war.
Autonomous vehicles can be commercially deployed only after it convincingly addresses public and government concerns on safety and reliability.
Heavy rains this winter have delayed harvests and damaged many crops causing shortages and price hikes.
Logisticians can’t help with recovery operations if their businesses aren’t prepared, says Kathy Fulton, executive director of the American Logistics Aid Network.
Maritime shipping interests have asked the Canadian government to consider building the icebreakers as part of $15.7 billion Canadian Coast Guard fleet renewal.
Japan, Germany and Malaysia among the countries that met two of three criteria to be designated by the Treasury as a currency manipulator, but no country met all three.
Simplicity is the key in managing increasingly complex final-mile operations. That and basic blocking and tackling
Hong Kong-based Hutchison Ports, Canadian National Railway and the Port of Quebec say they will partner to build a $775 million deep-draft container terminal.
AVAIO and Sydney Harbour Investment Partners announce a partnership to develop and finance the Nova Scotia multipurpose terminal.
Taiwan-based box-shipping line, Yang Ming, has set up shop in Jakarta, Indonesia, with joint venture partners. The new subsidiary will be known as “PT Yang Ming Shipping Indonesia”.
Recent flooding partially to blame for oil price declines.
The highway and viaduct that now shoots truckers and others straight through the heart of Syracuse on interstate 81 might be no more under a plan making its way through an approval process.
