News

CSX reported a first-quarter record operating ratio, and KSC said it achieved its best Q1 revenue.

Board nominees Don Brown and Chris Jamroz are announced, Pan Hua and Michael Wunderlich have new roles and Tim Leonard is hired.

Developed by Maersk and IBM, TradeLens uses blockchain to promote exchange of shipping and trade data.

The Office of the U.S. Trade Representative will allow Section 301 tariff exclusions for 21 additional product types covering 348 exclusion requests.

By TCA Senior Director of Outreach & Engagement Marli Hall .Since 1973, the Truckload Carriers Association Scholarship Fund has been helping students with connections to the truckload industry. The Fund […]

Nikola Motor envisions a world that is better off tomorrow than it is today, and it starts with a zero-emission future, the company said, as it introduced five emissions-free vehicles, including two semi trucks.

The U.S. Department of Justice is cracking down on companies that collude to fix prices online, highlighting the role of new technologies in antitrust schemes as well as legal competitive activity.

A stellar snow season has helped wipe out drought across California, including the Sierra Nevada. Should lead to a very productive growing season.

Canadian National (NYSE: CNI) plans to appeal a determination by a federal regulator that the railway breached rail service obligations last fall at the congestion-prone Port of Vancouver.

GAO also recommends more research that could lead to side guard requirements.

As workers decide their fate, management works to wean itself off high-volume business.

Market expert Dean Croke writes about the construction boom in Las Vegas, the number of flatbed trucks hauling steel to the city for its mega-construction projects, and the outlook for the flatbed truck market in 2019.

Marten Transport posted its best-ever first-quarter operating revenue, operating income and net income in the company’s 74-year history in the first quarter of 2019, the company said in its April 16 earnings release.

“I don’t know if it’s accurate; we’re reaching out to you to find out if it is,” attorney Ed Greenberg said at the NCBFAA conference.

P&S Transportation added Celadon Logistics to TA Services, its asset-light brokerage.

Cannabis giant to see hemp production boost with purchase of remaining interest in Canadian firm.

CSX (NYSE: CSX) achieved an operating ratio of less than 60 percent in the first quarter amid continued efforts to employ precision scheduled railroading (PSR) throughout its network.

It’s an offer that expires on June 30, 2019.

NCBFAA conference attendees advised to challenge carriers if they claim they will start burning low-sulfur fuel before Jan. 1.

Independent owner-operator group details how government clearinghouse will handle drug test results.

Market expert Jim Blaze questions the benefits to-date of precision scheduled railroading (PSR). Read his views on how railroads could prove PSR’s value to shippers.

Deal broadens Americold geography, protein business.

Industrial output in the economy continued to struggle in March, as a stalled manufacturing sector continues to weigh on freight demand in the economy.

FreightWaves and the Transportation Intermediaries Association announced a program that will provide SONAR to TIA members and staff. SONAR is the leading data/analytics platform in the transportation industry.

Bolt System has introduced a new driver app that is designed to streamline paperwork processes and improve the overall driver experience.

Nikola Motors has the potential to disrupt the freight industry by building hydrogen fuel powered trucks and by setting up hydrogen fuel stations all across North America.

The European Union has submitted a proposal for consideration at next month’s Marine Environment Protection Committee meeting at the IMO that will bring consistency to reporting on the use of low sulphur fuels encouraging shipping companies to comply with the new regulation.

The cranes are the first of eight similar machines that will be delivered over the next few weeks.

It’s time for your weekly fuel report. More information available exclusively for SONAR users.

The cranes are part of a $60 million terminal expansion and modernization project at its Honolulu hub.

The total amount of investment during the first quarter – $1.6 billion – is more than half of the $2.9 billion in venture capital invested for the full year 2018.

In some cases, companies are filing drawbacks for the first time in almost 20 years, according to Sandler Travis law firm attorney Michael Cerny.

Considering that Singapore has over 20,000 people per square mile, it may be prudent for the city-state to consider air taxis as an urban mobility option.

Kevin McAleenan, the CBP commissioner named acting Homeland Security secretary, has picked COO John Sanders to oversee the duties of commissioner.

FreightWaves Radio’s eighth national show was broadcast on Saturday, April 13 on SiriusXM’s Road Dog Channel 146.

Flowspace helps companies source on-demand warehousing space, allowing them to scale up rapidly and concentrate on gaining more customers, rather than stagnate with the burden of finding warehouses to stock products.

Canvas Ventures led the funding round for the on-demand warehousing and fulfillment startup, which was founded in 2017.

‘Discretionary’ cargo may look elsewhere for U.S. dock space should the biggest terminal in the biggest port not find ways to be more efficient.

After 20 years, Lytx has found itself evolving much in the same way that fleets and society at large have. Founded in 1998 as DriveCam, the company has transitioned into a data business providing insights unthinkable just a few years ago.

Work began in October on the $63 million project, which was expected to take 18 months to complete.

Ottawa plans to fight decision over how Washington calculates anti-dumping levies as trade tensions continue.

The Digital Container Shipping Association will focus on driving standardization, digitalization and interoperability in container shipping.

Intermodal volumes fall by 7 percent, but a 10 percent increase in revenue per load helps the segment increase revenue by 2 percent.

The European Commission is given the green light to begin talks with the U.S. on agreements regarding conformity assessment and tariffs on industrial products. 

The Class I railroad’s $2.9 billion capital investment plan also includes another $505 million to be invested across four other states.

The agency requires that Mexican cascarones — decorative, confetti-filled eggshells — are free from egg residue to prevent the spread of poultry diseases.

TCA Vice President of Government Affairs, Dave Heller and TCA Manager of Government Affairs, Kathryn Sanner IMAGE: SHUTTERSTOCK By TCA Senior Director of Outreach & Engagement Marli Hall It is […]

The company says Rhegreen, a free-of-charge program, can reduce emissions between 10 percent and 40 percent.

J.B. Hunt’s earnings and revenues fell short of analysts’ expectations in the first quarter of 2019, causing its stock to drop 4 percent at the end of trading on Monday, April 15.

Four drivers were inducted into the National Private Truck Council’s Driver Hall of Fame on Monday and the organization also recognized the nation’s safest private fleet operations in a ceremony.

P.A.M. Transportation Services, Inc. announced first quarter 2019 earnings of $0.99 per share excluding a $0.40 per share gain on marketable securities. Pre-tax income increased $5.1 million y/y.

The increase comes after a first quarter update that was strong on the pricing side but a little weaker on the tonnage picture.

The U.S. Department of Agriculture (USDA) lowered its export projections for corn and wheat in the 2018-2019 harvest season amid slumping grain volumes and Midwest rail operations coping from last month’s record flooding.

FreightWaves adds air temperature information as well as new fleet count data.

UniCredit Bank and its Italian and Austrian operations processed over $500 million through the U.S. financial system for the Islamic Republic of Iran Shipping Lines.

Des Moines Truck Brokers (DMTB) is the latest company to join the Blockchain in Transport Alliance (BiTA). Learn more about DMTB and why it joined BiTA.

At least eight people were killed by tornadoes, severe storms in southern states over the weekend. Nasty weather could return this week.

Ancra has introduced automated decking, which adjusts itself up and down the trailer based on keypad inputs from the user, eliminating the need to manually adjust support beams.

Managing a truck’s lifecycle proper requires understanding thousands of data points. Fleet Advantage is trying to make that process easier with its ATLAAS Unified system.

Better talent at a lower cost improves brokers’ cash flows.

Officers are elected to the International Association of Refrigerated Warehouses and World Food Logistics Organization boards; ICTS director is hired.

International Longshore and Warehouse Union opposes plan to automate the APM Terminals container facility.

World’s largest ocean freight forwarder adds money-back guarantee and carbon offset to what is now considered ‘table stakes’ in ocean freight.

With this acquistion, TeleSense will help drive the automation of the grain supply chain and expand its footprint across Europe.

Air cargo volume in Europe continues to decline. Read market expert Cathy Morrow Roberson’s take on the reasons why this is occurring and if there are options available to improve the volume.

The U.K.-based shipping company will power Toll’s online booking platform and will be introduced in the fourth quarter.

For months, members of a Facebook group named Black Smoke Matters (BSM) have been calling for an industry-wide shutdown to bring national attention to what the group says is government overreach.

The newly launched KN Pledge also promises a money back guarantee, extended cargo liability, instant pricing and a carbon footprint offset.

While there was a 4.8 drop in volumes last month, it still was the port’s second-busiest March ever.

Gary Scott Stratton used credentials he obtained while working as a state trooper.

Will it make money? Does it matter?

FTR reports the 13,500 units also made for the lowest March since 2008.

New trends in supply chain design have been tailwinds for the growth of the intermodal market, including the increasing length and complexity of global supply chains across modes and changing customer preferences tilted toward shipment velocity. Recognizing the opportunities afforded by a growing market, a host of small intermodal marketing companies (IMCs) have entered the space. But newcomer IMCs need better visibility into intermodal market conditions and shipment locations to be able to compete with high- volume incumbents. In this white paper, Blume Global and FreightWaves explore the current market forces driving the need for intermodal visibility.

A snapshot of what the markets are doing this week.

Russia-based GPS hacking has led to 9,883 suspected incidents across 10 locations, including 1,311 civilian maritime vessel navigation systems since February 2016.

According to the Maritime Anti-Corruption Networks, there have been more than 28,000 incidents of corruption reported since 2011.

A recent article in Landline Magazine suggested that Truckstop.com’s new VC partner could merge the load board with Convoy or Uber Freight. This is unlikely to happen.

Gary Petty, president and CEO of the National Private Truck Council, struck a tone of family and togetherness in his opening remarks of the organization’s 2019 Annual Education Management Conference and Exhibition

Have a strategy that you believe in and don’t forget to price in volatility, Feig said.

The two have reportedly agreed “to meet soon,” according to White House spokesman Judd Deere.

Bethann Rooney is promoted to deputy director and Andy Saporito is named senior adviser for special projects.

Anyone up for some ‘Texas Chicken’? Maybe not anymore as pilots request one-way traffic on busiest shipping hub in North America.

The investment by the world’s most profitable company is valued at $1.25 billion.

Exports to Vietnam through Oakland have grown 126 percent since 2015 and in 2018, Vietnam was the port’s third-largest import market and fifth-largest export market.

Consolidated Chassis Management will run the chassis pool to give customers “a cost-effective and efficient supply chain that eliminates choke points and increases velocity.”

Providers are in the process of shutting down older 3G cellular networks, and that means the fleets running equipment on these networks could see disruptions.

Sandra Goranovic is promoted to vice president, Khalfan Al Shueili is elected to board and John Adams is hired.

Containerized freight rates are continuing to decline. And where gains are made, these are only marginal gains. International maritime consultant Drewry expects that ocean carriers “will struggle to recover rates” in the coming week.

IMAGE: JIM ALLEN/FREIGHTWAVES Guest post by FreightWaves’ John Kingston Virginia has approved a plan to fund improvements on interstate 81 and other parts of the state after an earlier plan […]

Not long after its IPO, Lyft is removing electric bikes from the markets of New York City, Washington, D.C. and San Francisco after reports of problems with the vehicles’ brakes.

American Airlines has lengthened the grounding of its Boeing 737 MAX 8 aircraft through August 19. American joins other airlines in this action. What is Boeing doing to fix the aircraft, and what is the FAA doing from a regulatory perspective?

Another outbreak of salmonella poisoning has occurred – this one caused by tainted fruit. Read how blockchain could help deter and detect these outbreaks before they harm many.

With first quarter 2019 earnings set to kickoff on Monday, April 15, FreightWaves is looking at expectations for the transportation stocks.

National spot market price movement has a surprisingly tight relationship with new truck orders.

Down Under Trucking: a weekly round-up of trucking news from Australia. The country has been struck by a spate of horrible crashes of trucks with multiple trailers have rolled over. On the corporate side, a major trucking-related hostile takeover has broken out. Politicians in Queensland are seeking to modify the Heavy Vehicle National Law and, on the commercial front, truck sales appear to be coming off the boil from last year’s red-hot market.

OPEC’s cuts have brought its output down to the level where forecasts are saying it needs to be to keep markets in balance.

Shippers poised to pull business if pact gets thumbs down, Soehl says.

Delays could extend to U.S.-Canada as customs personnel are relocated to deal with immigration on the southern border.

A study commissioned by consultancy SEA\LNG and its partner promoting the use of LNG as a marine fuel shows that LNG can cut carbon emissions by up to 28 percent, though there are questions over the study’s methodology.

A study commissioned by consultancy SEA\LNG and its partner promoting the use of LNG as a marine fuel shows that LNG can cut carbon emissions by up to 28 percent, though there are questions over the study’s methodology.