Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
Saudis and UAE are on board with filling in the gap from lost Iranian oil exports.
Chattanooga, Tennessee-based U.S. Xpress Enterprises, Inc. announced on April 22 it has created a new division, U.S. Xpress Ventures, and has appointed Cameron Ramsdell as president.
The funds will be used to scale its warehouse robotics system, as well as expand sales and marketing in North America and internationally.
Company accelerates re-purchases as it had planned.
The Advanced Clean Transportation (ACT) EXPO kicked off today with a pre show unveiling of Toyota and Kenworth’s first jointly-developed fuel cell electric heavy-duty trucks.
Market expert Jim Blaze looks at how rail freight volume has changed over the years and what the outlook is for the next decade. Learn what he thinks will happen to the railroad industry in its long-term competition with trucking to carry freight.
Volvo Trucks North America recalled 14,009 2018-2020 VNL and VNX heavy-duty trucks because the adhesive bond between the glass and hinge of the sleeper bunk window may detach and fall from the vehicle.
Add Ohio and Washington state to the list of states where leaders are debating whether to require freight railroads to have at least two crew members per train. Ohio and Washington state legislators have introduced bills this spring mandating a minimum crew size for freight trains. Washington state’s bill takes the debate one step further by also defining how many crew members should be operating a train that’s carrying crude oil.
Donald Broughton, FreightWaves’ chief market strategist, explains the problems he has with surveys based on ‘sentiment’ – except for the Institute for Supply Management survey. Read why he believes in its results.
Cathy Morrow Roberson explains what makes Miami International Airport (MIA) special, and what the airport, airlines and air cargo companies are doing at that particular facility to facilitate cargo. Learn more about MIA in this article.
Your weekly snapshot of how the markets are doing.
Amazon.com, Inc.’s volumes are so immense that the company has pitched tents to support its deliveries.
Fleets are rapidly deploying video solutions, finally convinced of their benefits, and Trimble is one of the companies benefiting from this.
Nikola Motor Company founder & CEO Trevor Milton admits that he is smart enough to know that there are smarter people than him in the world, and he wanted to leverage that expertise when building his new truck. Enter the industry’s top suppliers.
The BIS and Census Bureau are preparing to release proposals to harmonize the Export Administration Regulations’ and Foreign Trade Regulations’ definitions.
The Class I railroad’s $2.9 billion capital investment plan in 2019 also includes nearly $600 million to be invested across five other states.
FreightWaves adds air temperature information as well as new fleet count data.
The Japanese shipping company announced plans to install the system on 21 very large crude oil carriers it operates.
The report said the very large ore carrier, which sank in March 2017 with 22 crew members presumed deceased, suffered “catastrophic structural failure” to the ship’s hull.
European shippers and forwarders help advance standard framework for measuring the impact of logistics on emissions.
Lighter loads through Panama Canal and schedule reliability are two effects hitting ocean freight; ‘We should not underestimate weather.’
Jointly owned Diamond Gas Sakura will transport LNG from Louisiana as part of a long-term time-charter contract.
The maximum award size is $25 million and no more than $90 million can be given to a single state.
(PHOTO: JIM ALLEN/FREIGHTWAVES) by Ray Haight, TPP retention coach Here we are at the end of this series on tackling driver retention. If you were to follow the steps laid […]
The “e-Commerce Revolution” is the hot topic for the upcoming CNS Partnership Conference next month in Miami. FreightWaves interviews CNS President Michael (Mike) White for an inside look at the e-commerce challenge for the air cargo industry and how the conference will tackle it.
Nikola Motor introduced its hydrogen-electric truck to the world, and it has a few big supporters, including Anheuser-Busch.
The inbound container flows had a big impact to freight volumes in the port cities of Savannah and Los Angeles this past year.
Markets are tightening. Full implementation of sanctions on Iranian oil could make them tighter.
Ottawa aims to protect domestic businesses from high costs of tit-for-tat trade dispute with Washington.
Feds have exempted Wing Aviation from a block of regulations clearing way for an operating permit.
What the Truck is going on in all things freight this week? Weekly Market Update: J.B. Hunt misses analysts’ first quarter earnings and revenue estimates. Truckload carriers’ first quarter results don’t appear to be in jeopardy after the J.B. Hunt report. Marten Transport reports best-ever net increase of more than 30 percent in first quarter of 2019. What gets hauled to Vegas, stays in Vegas.And then on to the freight tech headlines of the week.
Coretex supplies fleet management solutions. Known for its refrigerated trailing monitoring capabilities, the company has recently expanded more into the cab with a new ELD and other services.
Peterbilt Motor Company has pledged at least $25,000 in support of the Women in Trucking Association (WIT), becoming the organization’s newest gold member and expanding the existing partnership between the two.
Plus: Carbon offset accounting errors, food stamp recipients qualify for online delivery and Clarks overhauls its supply chain.
Volumes are flat year-over-year, and after a brief period of disruption the freight market has stabilized. Container volumes that have fueled the port cities freight, may be due to soften in the coming months.
An overview of blank sailing and how it can affect your shipments.
A power play between local governments and state regulators threatens legal cannabis delivery in California.
Australia’s import, export and logistics industries are in dismay at a massively escalating series of surcharges that are being unilaterally charged to truckers and shippers by the nation’s main box terminal operators. There have been hikes in surcharges of hundreds of percentage points. And, in one case, an imposed surcharge was literally increased over a couple of years by 2,372 percent. Industry executives are furious.
Simulators to benefit training standards in Mexico and the U.S.
There has been a steep drop in the volume of box traffic handled at Hong Kong, one of the world’s busiest box ports. Containerized throughput at Hong Kong took a dive in the first three months of 2019 when compared to the first quarter of 2018, according to preliminary figures from the Hong Kong Marine Department. Box traffic was down, on average, by 10.2 percent in the first quarter of 2019 compared to the first quarter of 2018.
A total of 140 cargo theft incidents were reported — a 22 percent year-over-year decrease — for an estimated total loss of $12.8 million, according to CargoNet.
Shippers and freight forwarders believe that they can reduce costs and emissions, fighting waste and climate change at the same time, putting them in the same movement as climate activists.
FMC Commissioner Rebecca Dye provided an update on her agency’s ongoing detention and demurrage investigation.
Venture capital firm Kleiner Perkins led the funding round, which increased the Atlanta-based warehousing and distribution startup’s capital raised to $15 million.
American Shipper will take an in-depth look at the new trade agreement in a webinar on Thursday.
The Dutch shipbuilder said “its financial situation stems from a sustained period of difficulty in a number of maritime sectors and investments it has made in its future.”
The Commerce Department initiated the antidumping investigation after receiving a petition March 28 from three companies.
Ashley Coker MERRITT PARKWAY IN CONNECTICUT / IMAGE: STATE OF CONNECTICUT Truck drivers who enter state parkways while traveling through Connecticut may soon be hit with a $500 fine, five […]
The European Commission considers list of U.S. exports that could be subject to billions of dollars in tariffs in response to the aircraft subsidy dispute before the WTO.
D.C. to Baltimore in 15 minutes could help advance hyperloop technology for cargo.
Changing distribution patterns could spell trouble for intermodal, report says.
Utilities aim to meet ambitious goals of reducing emissions across western U.S., but technology and financing remain big hurdles.
Marc Bédard, founder and president of Lion Electric, discusses the Canadian-made Class 8 and its promises of winter performance.
Wintrust’s working capital lines of credit leave brokerages with more control than equity raises and have lower cost-of-capital than factoring.
Retail sales rebounded in March, rising by the largest amount in over a year. Growth was brod-based during the month, with most areas in the sector seeing rising sales.
Demand softened while supply caught up, firm says.
Broberg wants to drive operational excellence throughout the company as it accelerates product development.
Thor Trucks announced it is changing its name to XOS on April 18 after settling a trademark infringement lawsuit with the maker of recreational vehicles with a similar name, Thor Industries Inc., in January.
Datapace is the latest company to join the Blockchain in Transport Alliance (BiTA). Learn more about Datapace and BiTA in this article.
Nikola Motor Company formally introduced its hydrogen-electric tractors, the Nikola Two and Nikola Tre (for Europe) at Nikola World 2019. Here are some photos from the event.
The updated service creates the first direct link between North Vietnam and the West Coast of the U.S. and Canada, ONE said.
The U.S. is proposing $11 billion in tariffs on European Union goods because of allegations that Airbus received that amount of subsidies when it launched the Airbus 380, thereby harming U.S. interests. Read Jesse Cohen’s explanation of the articles proposed for tariffs and what the tariffs might do to the air cargo and maritime industries.
American Waterways Operators elects officers and Heartland Barge Management hires sales and leasing manager.
Heartland Express, Inc. (NASDAQ: HTLD) announced a first quarter 2019 profit of $0.21 per share, which was $0.02 ahead of analysts’ estimates.
Amazon bowing out of China; U.S. doubles oil exports in 2018; electric scooters bite into dockless bike sharing market.
The lowest adoption rate for TMS software is among single truck owner-operators.
Accolades also go to Bahri, NYK, Old Dominion Freight Line, Pelican BioThermal, a Landstar agent and the RLS Logistics general manager.
In partnership with Reliance Partners …Distracted driving in the U.S. is a bigger cause for accidents than driving under the influence of alcohol or drugs. This could be prevented if fleets take responsibility and educate drivers on safe driving and also by remotely monitoring driving behavior.
Nel Hydrogen and Nikola Motor are working together to ensure that as Nikola begins deployment of its hydrogen-electric trucks, there is hydrogen fueling stations in place to support them.
Union Pacific’s (NYSE: UNP) first quarter net profit rose 6 percent amid company efforts to rationalize or reorganize existing assets to streamline operations under precision scheduled railroading (PSR).
Uber is planning to sell 14 percent stake on its autonomous driving division for $1 billion to investment firm Softbank, automaker Toyota, and auto parts manufacturer Denso.
FreightWaves puts Singapore, the world’s second-busiest box port, under the microscope – examining box throughput, general cargo, bulk oil, non-bulk oil and ship registries.
The acquisition is the German logistics services provider’s sixth since November.
The founding of Nikola Motor Company did not happen overnight; it actually dates back to a time when a six-year-old boy was bothering his railroad-working father and was sent to see a train engineer.
Executive director credits the Florida port’s “prolific diversity” of its cargo base for year-over-year growth.
The Omaha, Neb.-based company’s operating revenue and business volumes both fell by 2 percent.
A final draft on technical specifications and annexes for the World Customs Organization e-commerce framework is moving through the approval process, according to an official.
Convoy is looking to help owner-operators and small fleets get access to drop-and-hook freight with a nationwide rollout of Convoy Go.
The acquisition will give Greenbrier two manufacturing facilities in Arkansas and five additional operations that provide a range of railcar components and supplies.
Company is rebranded and key hires are made; freight payment industry veteran is picked up.
World Distribution Services will invest $6.2 million in collaboration with Lingerfelt Commonwealth Partners on the project in Virginia Beach.
R. Eddie Wayland, TCA Legal Counsel PHOTO: SHUTTERSTOCK The United States Court of Appeals for the Sixth Circuit, which is based in Cincinnati and has jurisdiction over federal appeals arising […]
Customs and Border Protection will begin migrating its Importer Trade Activity data to ACE Reports, making the data available to all trade members on demand.
A former Chinese airline employee operating out of JFK Airport orchestrated a scheme using passenger flights to deliver packages to military officers in China.
“I’m convinced that when the Tunisians get a taste of U.S. beef, poultry and eggs, they’re going to want more,” said U.S. Agriculture Secretary Sonny Perdue.
Deal will grow U.S. last-mile business and add $100 million in annual revenue, Canadian transportation firm says.
P44-Reliance and UPS-AscendTMS pursuing different customers but with similar objective.
Higher coal and chemicals volumes drove U.S. carloads upward on a weekly basis for the first time since late February, according to the latest data from the Association of American Railroads (AAR). But despite that weekly gain for U.S. carloads, overall U.S. rail traffic still softened.
Today on FreightWaves NOW, a weather event is happening. We have an intermodal update. We prove how getting more sleep leads to more miles.
STORD simplifies the distribution experience of shippers by networking with warehouses and carriers, and providing shippers with warehousing capacity and transportation based on their needs.
Rolling out of 5G networks in the United Kingdom in late 2019 could prove to be the technology that makes autonomous vehicles possible. Testing of the technology will begin in June 2019.
Tornadoes, hail, destructive winds all possible across large part of U.S. rest of the week, including areas slammed by storms last weekend.
Panalpina reported $0.82 (Swiss Francs, or CHF) per share in earnings for the first quarter of 2019 compared to $0.72 CHF for the same period last year.
Sumeru Equity specializes in middle market technology companies.
Plus: Zencargo raises $19 million; Alibaba exec praises 72-hour work week; dissing Uber Freight
A reported 60 gallons of oil entered the water, but there was no active discharge of oil from the DeJeanne Maria, the Coast Guard said.
To drive the industry forward, BiTA is committed to the digitization of analog and legacy data.
Air cargo market expert Jesse Cohen writes about the ongoing efforts to increase security in air cargo operations. Read about the latest measures and how they impact the movement of freight.
J.B. Hunt blames its earnings and revenue shortfall on weak intermodal freight volumes, harsh winter weather and concerns about possible tariffs on Chinese imports in its first quarter earnings report on April 15.
