News

Your weekly snapshot of how the markets are doing.

Pioneer is the parent company of 17 short-line common carrier railroad operations, an equipment leasing company, two service firms and a contract services switching company.

Consumers are increasingly purchasing furniture and other large, bulky items online, forcing last-mile delivery providers to adapt.

Will McKnight and Denis Petropoulos are elected chairmen and Justin Kreimer is hired as vice president.

The Polar-class vessel will be deployed in the North Europe-Mexico/Caribbean service.

Andrea Daigle will serve two years of probation for submitting falsified CDL medical records to the FMCSA.

About 18,000 pounds of Copper River salmon arrived at Seattle-Tacoma International Airport Friday morning.

A five-month drought in Panama has reduced freight carrying capacity of the country’s canal of ocean carriers by nearly one-fifth. It’s also giving an unseasonal boost to shipping rates for […]

Ashley Coker 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 […]

The Truckload Carriers Association has been recognizing Highway Angels, or professional truck drivers who demonstrate compassion and courage on the road, since its 1997 inception. Recently, seven standout drivers received […]

As some technology companies scale back or eliminate their self-driving programs, Starsky Robotics is pushing forward with its autonomous truck technology.

Slower clearance times feared for trucks entering the U.S. after 731 officers reassigned because of migrant crisis.

A more flexible shipping loan concept is good for borrowers and their clients, but may have limited scope.

Also in this week’s report: a test at Shell gives some hope to a less diesel-intensive marine fuel for IMO2020.

Ever wondered where trucks go? Wonder no more. A massive telematics study tells us exactly how and where trucks move. Also: health and safety, daylight robbery, law reform and compliance.

As we inch closer to the full compliance deadline for the Federal Motor Carrier Safety Administration’s (FMCSA) electronic logging device (ELD) mandate, the need to transition to these devices is becoming more urgent.

Amazon.com is the lead partner in a $575 million Series G funding round for UK food delivery firm Deliver

Nevada joins Colorado in requiring freight trains to have at least two crew members on board. Meanwhile, preliminary data from the Surface Transportation Board shows April rail headcount level to be the lowest so far in 2019 and since January 2017.

The new division will offer solutions for temperature-controlled transportation of pharmaceutical products.

Schulte Group has launched INNOPORT, a venture capital unit that invests in global maritime startups. “We want to build bridges and open doors wherever possible,” said Yiannis Sykas, INNOPORT chief […]

Market expert Charley Dehoney explores how freight brokers can stay relevant in a rapidly changing environment.

Second late spring snowstorm this week to hit the Sierra Nevada over the weekend. Another one to two feet of snow in some spots.

The drones can carry up to 5 kilograms of cargo and take off and land atop intelligent cabinets developed for the fully autonomous loading and offloading of the shipment.

Sub: Removal of levies on aluminum and steel end costly trade dispute – but both nations reserve right to resume them in response to dumping.

Awards also go to Kuebix, J.B. Hunt, Long Beach community groups, port champions, Sovcomflot, Synergy Group, Thordon Bearings and Worldwide.

Market expert Cathy Roberson writes about issues that are impacting the air freight market.

Einride has introduced a Level 4 autonomous electric truck that will transport cargo between a warehouse and a terminal in DB Schenker’s facility.

The agreement doesn’t involve quotas, and the tariffs will be gone in 48 hours, according to reports.

The abc’s go the freight and shipping world.

The federal government also should partner to help with freight transportation, Rep. Lowenthal said Friday during the Congressional PORTS Caucus briefing.

Truckers, fleet managers, and brokers face any number of regulatory tasks, load optimization and business decisions every single day. Add to that the decision on which technology, software or service […]

Donald Broughton explores the technology economy and its impact on the overall economy.

“Combining the strengths of Hamburg Süd and Maersk, we can offer our customers a best-in-class stand-alone service configuration,” says CCO Frank Smet.

Plus: Logistics execs and blockchain; Lilium air takes off; redesigning cities for scooters.

President Trump directed U.S. Trade Representative Robert Lighthizer to lead talks as the administration seeks to mitigate the “threatened impairment of national security.”

A federal grand jury charged Evridiki Navigation, Liquimar Tankers Management Services and a ship’s chief engineer for attempting to hide oily bilge discharge.

Several containers of fireworks entered the country through the Port of Savannah.

In an ever-increasingly connected world, the ability of systems to speak to each other is critical. Fleet Complete’s CONNVEX solution is an example of an underlying system that helps that communication, including critically, between commercial vehicles and providers.

project44 has introduced two new applications that are automating shipment tracking and bringing visibility into siloed operations.

What The Truck?!? is sending you into the weekend with all of the latest headlines and top stories from FreightWaves.com, as well as Earning Over / Under, On The Radar presented by SONAR, Fast Paced Forecast, and so much more. Let’s bang a little cowbell for the weekend and celebrate the launch of WTT?!?’s expansion to two episodes a week!

Subscribe now on Apple Podcasts, Spotify, Stitcher, or your favorite pod player of choice.

To book a free a SONAR demo visit FreightWaves.com/SONAR

Chinese telecom’s purchases of U.S.-made semiconductor components will come under closer scrutiny during BIS export license approvals.

Speakers during an American Shipper webinar talked about how software solutions could help importers and exporters navigate sanctions, tariffs and security filings.

The U.S. Department of Agriculture estimates that this expanded access could increase U.S. beef and beef product exports to Japan by as much as $200 million a year. 

The country was removed from the United States’ unilateral trade preferences program, and tariffs on steel from Turkey were lowered from 50% to 25%.

Officers are elected during Infrastructure Week and a strategic sales manager is hired.

As ocean carriers bring in ever-larger container ships to the U.S., the Port of New York and New Jersey says it is ready to handle them. Last week, the YM […]

TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner PHOTO: SHUTTERSTOCK As we inch closer to the December 16, 2019 full compliance deadline […]

Trucking warns supply chain may still require Inventory buffers.

BW LPG, an ocean carrier of crude oil, gas, chemicals, and products of oil, has reported a first quarter 2019 net loss after tax of US$23.5 million. It’s a loss that’s about three times greater than the US$8.4 million loss recorded in the first quarter of 2018.

Chill winds from the Chinese economy have caused Australian freight forwarder Wiseway to downgrade its anticipated China/Australia freight volumes and earnings.

The trade war between China and the U.S. is having a noticeable impact on freight markets. Shippers and carriers are struggling to adapt.

Shuttle trains now move ocean containers between the Oregon port’s Terminal 6 and Seattle and Tacoma following a series of labor disruptions and shutdowns.

The Truckload Carriers Association (TCA) is participating in the annual national advocacy and educational event, Infrastructure Week, which takes place from May 13-20.

Rail congestion in regions such as Chicago and Houston may have eased for now, but the railroads will still need to find ways to increase capacity at those busy city locations as the U.S. population grows, Class I railroad executives said at an investor conference this week.

Top DOT official ranks HOS #1 on freight priority list.

The investment company Caisse de dépot et placement du Québec reportedly is a partner in the Canadian deal and also is taking a piece of DP World’s investments in Chile.

Accidents due to distracted driving is on the rise, and it critical to utilize technology to curb the numbers.

Pressure is mounting to drop charges against three truckers accused of illegally hauling hemp across Idaho. “It’s absolutely horrific,” said Idaho Representative Ilana Rubel (D-Boise), a legislator who is working […]

Dissatisfied with 2018 results, CEO Frank Appel says the company has set ambitious targets for this year and 2020.

A Senate committee on Wednesday approved the Maritime Administration Authorization and Enhancement Act, legislation introduced by Rep. Roger Wicker on Tuesday.

A container top loader reportedly exploded Wednesday morning at Fenix Marine Services’ Pier 300 container terminal.

Executives with eastern railroads CSX and Norfolk Southern expressed confidence this week that they can compete alongside trucks for e-commerce business.

Transport committee recommends against passage of bill C-48, which would effectively bar crude shipments from ports north of Vancouver.

XPO shareholders reject Teamsters union proposal to split company’s chairman and CEO roles.

Theresa May has agreed with her backbench Members of Parliament to set a date to resign her premiership shortly after the fourth meaningful vote in early June.

The Grimaldi Group ship was taken to the Spanish port of Pama de Mallorca Thursday following the incident, which came about two months after the Grande America sank.

William J. “Bill” Shea Jr. will receive the 2019 Connie Award and J. Christopher Lytle will be honored with the Lifetime Achievement Award in California in September.

A recap of Transparency 2019!

Despite the controversies through the years, DryShips has proven to be a survivor – and has posted another quarterly profit.

The House Speaker said Tuesday during the Transportation Construction Coalition fly-in she is optimistic about a possible infrastructure package.

Credit rating agency says while traffic may fall, revenues are not likely to be affected in the medium term.

Wei Chi is hired to lead the finance division, Bob Felix is named director of specialized projects and Bosco Dsouza has been appointed as account manager.

Customs brokers facilitating imports from Mexico into the U.S. have witnessed improved cargo processing by CBP at the southern border ports of entry. 

The retail giant’s U.S. same-store sales were up 3.4 percent, its highest first-quarter results in nine years and fourth consecutive quarter over 3 percent.

APM Terminals Inland Services will be integrated into Maersk Logistics & Services.

China has developed a new lithium mining process that is significantly cost effective; Lyft and Uber shares slide in the stock market; Amazon encourages employees to quit and start their delivery services.

The two barges involved in the tug collision, including the damaged one that spilled more than 11,200 barrels of gas blend stock, have been removed.

While not named in the executive order, Huawei Technologies Co. Ltd. and its affiliates will be added to the Bureau of Industry and Security’s Entity List.

Making carriers more productive is good business for Arrive Logistics.

Hyundai Merchant Marine (KSE: 011200) started off 2019 much as it ended 2018, racking up losses. Despite a first quarter gain in volume that boosted revenue, fuel prices and finance […]

IMAGE: SHUTTERSTOCK The Truckload Carriers Association (TCA) is participating in the annual national advocacy and educational event, Infrastructure Week, which takes place from May 13-20. Across the country, hundreds of businesses, labor […]

2020 U.S. presidential election could become major roadblock

Colorful Auckland mayoral candidate John Tamihere has vowed to ban trucks from the city of Auckland during the day and sell the Ports of Auckland if elected.

The Cass Shipments Index came in negative for the fifth month in a row in April, sparking concern about potential economic contraction.

UPS completes major modernization of its ground hub in Louisville, a key node in its network

Canadian rail volumes rose again year-to-date for the week ended May 11, while U.S. rail volumes continued downward amid U.S. tariff uncertainty and a fuzzy economic picture.

Large ships may provide liner operators with economies of scale, but they are proving more expensive in the chartering market.

Forwarders that participated in the pilot expect the agency to focus penalties on egregious violations.

FreightWaves spoke with Werner’s President and Chief Executive Officer Derek Leathers and Chief Financial Officer John Steele regarding the recent announcement in changes to the capital structure.

Freight volumes should be increasing heading towards Memorial Day weekend, but they are headed the other direction as shippers take a pause over tariff concerns.

Cannabis presents an opportunity for transportation and logistics firms willing to navigate the chaos of an emerging market.

An accident at the Port of Los Angeles took the life of a dock worker and injured another, ending the five-year U.S. safety record for marine cargo handling. The May […]

COSCO has yet to join the organization that seeks to enable digital standardization.

Cargo Chief provides freight brokers with a booking bot that gets carrier offers, counter-bids on loads and autonomously books load on consent.

Economic data from the goods side of the economy continued to underperform in April, as both retail sales and industrial production unexpectedly declined during the month

What The Truck?!? hits the road this week as Chad and Dooner make tracks towards Birmingham, Alabama to cover McLeod’s Transportation, Finance and Accounting Conference. The guys talk with McLeod’s CEO Tom McLeod, VP of Ops David Custred, CFO Kasey Burleson, Chief InfoSec Officer Ben Barnes, and Buddy Moore Trucking’s CFO Susan Moore Kirkpatrick.

Results were better than expected, and the company points to a forecast of improving supply-demand balance in container shipping.

The FMCSA is seeking public input on a pilot program that would allow 18- to 20-year-olds to operate commercial motor vehicles in interstate commerce.

Amazon.com breaks ground on its air hub in Cincinnati suburb of Hebron, Ky

Collective bargaining agreement between YRC and Teamsters union takes effect