Commentary: Export compliance officers tied in knots
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.
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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.
U.S. rail volumes tumbled 6.7 percent for the week ending May 25 as slumping intermodal volumes dragged total volumes lower. Softness in the housing and manufacturing sectors could be contributing to lower U.S. rail volumes year-to-date.
$2 trillion infrastructure plan would boost Highway Trust Fund to $850 billion
Celadon entered into the seventeenth amendment of its credit facility to provide the company with liquidity through June 28, 2019.
Every corner of the ocean shipping world is completely distinct from the others. What fuels the tanker business is almost entirely different than what steers dry bulkers or container ships. […]
Former Google and MercuryGate executives are hired for chief positions.
Advanced Training Systems CEO John Kearney says technology-enhanced driver training plays a key role in the nation’s effort to protect the supply chain.
DDC FPO launched a free online tool to help transportation and logistics professionals calculate how much of their operational costs are going toward in-house bill of lading (BOL) processing.
LTL carrier Averitt Express has opened a large international DC near Port of Savannah to manage increased volumes at the port
The funds will be used to accelerate the company’s efforts to improve fuel efficiency in the trucking industry.
Escalation in labor dispute threatens to put a stop to maritime trade across the province, including Vancouver.
IMO 2020, the scrapping of the shipping lines’ block exemption on alliances and new players in the market could see major changes to the container shipping market over the coming 10 years.
Big things are happening right now in the world of freight. You might be wondering how you can position yourself to keep your fleets running, where you can find available […]
Maersk joins CMA CGM and MSC as an investor in the manufacturer of “smart container” technology.
The TIA says that a Roush’s negative description of the role freight brokers play in freight transportation, his broad-brush statements about safety, and small carriers are ludicrous.
French carrier raises cost-saving targets and reports a smaller net loss in the first quarter of 2019.
Legal opinion aims to clear the air surrounding movement of products allowed under federal law across the United States.
‘Qualitative’ retaliation could take the form of increased inspections, difficulty in getting licenses, and delays and investigations for environmental compliance.
DrayNow, the first real-time marketplace connecting intermodal freight with carriers, has joined the Blockchain in Transport Alliance (BiTA). BiTA is developing best practices and standards for blockchain in the transportation […]
Oversize helps brokers and fleets save time that is needlessly spent navigating the complex regulatory landscape of carrying overdimensional cargo.
Market expert Brian Aoaeh writes about the impact of severe weather on supply chains, and tools to help companies and organizations modify those supply chains when disaster strikes.
Andrew Kinsey, senior risk consultant at the insurer Allianz Global Corporate & Specialty, says carriers need to be proactive in preventing ship fires.
How you pay your carriers is critical to maintaining a loyal carrier base.
Analyst at Drewry believes the decision by CMA CGM and MSC to join the IBM-Maersk digital shipping platform is a significant event.
Daimler Trucks is betting big on autonomous trucks, as the German-based company announced Wednesday, May 29, that it is establishing a global group that seeks to put highly automated commercial trucks on U.S. highways within the next 10 years.
Guest post by FreightWaves’ John Kingston The highway and viaduct that now shoots truckers and others straight through the heart of Syracuse on interstate 81 might be no more under […]
On your first WTT?!? of the week, Chad and Dooner welcome everyone back from Memorial Day and hit the ground running with all the latest breaking news and deadlines. Emily celebrates her 30th birthday by hosting Big Deal/Little Deal. We also launch our new game show Market Expert Trivia with Reid and Kyle, plus Moody is on the Move, and another rousing round of Comment Section Rodeo, and the guys spend a little time discussing Sly Stallone’s filmography.
With COAC’s help, U.S. Customs and Border Protection seeks to devise an online strategy to better target illicit exports before they can leave the country.
If a trade war pares GDP growth, OPEC cuts may be extended, weighing tanker rates.