News

Southwest surfed the volatility in petroleum markets and maintained a strong financial position by aggressively hedging jet fuel.

Southwest surfed the volatility in petroleum markets and maintained a strong financial position by aggressively hedging jet fuel.

Changing trading patterns have seen volumes at the port of Gioia Tauro decline. Its only remaining customer, MSC, is expected to successfully conclude more than two years of talks to acquire the facility in the coming weeks.

Up to a few feet of snow this week will be added to enormous totals already measured across the Sierra Nevada this year. Great for skiers, bad for drivers.

The Women In Trucking (WIT) Association has announced five finalists for its fifth annual Distinguished Woman in Logistics award.

In partnership with Dutch multinationals, Maersk will test the second-generation biofuels on the 18,000-TEU Mette Maersk, which will sail 25,000 nautical miles.

CEO Rodolphe Saadé said the shipping line is reinforcing its efforts to “develop ever more efficient and environmentally friendly vessels.”

Here’s your weekly snapshot of how the markets are doing!

Ohio raises diesel and gasoline taxes; YRC’s rank and file get their hands on a new collective bargaining agreement; Uber’s IPO approaches; warehouse automation growing rapidly; Vietnam’s logistics growing 14-16% CAGR.

Uber is in talks with Middle Eastern on-demand cab hailing rival Careem for an acquisition deal that is expected to be made public this week.

Big data is opening up opportunities for shippers of all sizes, and used properly, it can help reduce shipping rates and improve customer service.

Container carrier trade association says an OECD International Transport Forum report should be disregarded by European regulators looking at shipping regulation.

World’s biggest shipping line trials a backhaul voyage with biofuel in a bid to get jump on 2050 target for shipping industry to go zero carbon.

The blaze broke out at Intercontinental Terminals’ bulk liquid storage facility in La Porte on March 17.

President Trump’s tweet on Friday calling for no new North Korean sanctions was enough to make any corporate compliance officer’s head spin.

Taiwanese carrier says results were “significantly impacted” by fuel prices and that it is “cautiously conservative” on its outlook for 2019.

The purchase of the South African freight forwarding and logistics company is Rhenus’ fifth acquisition since November.

Style Pantry LLC of California is claiming intellectual property law violations have been committed with the importation and sale of women’s clothing.

All ocean shipping, port and cargo operations remain shut at the world’s two largest dry bulk ports, Hedland and Dampier, owing to the passage of Severe Tropical Cyclone Veronica. Major liquefied natural gas export facilities along the north western Australian coast have also suspended operations. It’s the fourth consecutive day of suspended operations as Cyclone Veronica is moving very slowly. But there could be weeks of delay if Veronica soaks the landscape.

The exclusions will extend through March 25, 2020, and are retroactive to July 6, when 25 percent tariffs across $34 billion worth of goods from China began.

The project, which is scheduled to begin in September and be finished by December 2020, will nearly double the terminal’s current annual handling capacity to 600,000 TEUs.

Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the Office of Transportation Intermediaries.

Ashley Coker IMAGE: SHUTTERSTOCK Detention time has climbed over the last couple of months, in conjunction with a stabilizing freight market. FreightWaves’ SONAR shows a sharp decrease in outbound tender […]

While the electronic logging device (ELD) mandate has indeed improved hours of service (HOS) compliance, a recent study found that the mandate’s potential safety impacts, which are often discussed, have not come to pass.

Manufacturing numbers are not looking as robust after a booming early 2018. The flatbed freight market may be in line for a big correction as well.

When a spread like that between gasoline and diesel come in this far and this fast, it can’t go on forever.

Venture investing in autonomous vehicles continues to heat up, and as startups mature expect late stage investing to increase.

The labor rubber is about to hit the road.

Accident that killed members of the Humboldt Broncos hockey team in Saskatchewan spurred efforts improve driver-training standards in country.

“Our partnership with TCA allowed us to bring the more than 58,000 service members inscribed on the Vietnam Veterans Memorial home to hundreds of thousands of visitors in 2018,” said Tetz. “Leading the way into each of the 38 communities we visited was a truck owned and operated by a TCA member showing their dedication and commitment to America’s veterans.”

There’s a threat for moderate to major flooding across 25 states through May. Additional snow melt, above-average spring rain expected.

The Alaska-based family of companies does everything from shipping Alaskan seafood around the world to delivering mail and other essentials to remote bush communities via hovercraft.

The contradiction between the federal and state regulations on growing and distributing marijuana could be alleviated by bringing trustability into pot supply chains. This can be done by adopting blockchain technology which can account for every step of the marijuana logistics process from the field to the consumer’s doorstep.

European Union negotiators took control of the Brexit process on 21 March by giving the UK an extension up to 22 May if Theresa May’s deal is passed next week, but if it fails a new way forward will need to be decided by 12 April.

Keeping dock times to a minimum and building relationships will yield competitive edge when it comes to moving freight, expects say during webinar.

The agency also posted 2018 import statistics related to the Generalized System of Preferences on its website.

Nebraska State Officials have estimated overall losses at $1.3 billion.

Elected officials and industry leaders announced the growth Friday at events in Jacksonville and Tampa.

World Shipping Council reigns in predictions of severe price spikes resulting from low-sulfur fuel regulation.

Dry bulk shipping around the northern coasts of Australia has been suspended, ports have been cleared of ships and land side operations have stopped owing to highly unusual circumstances – two very large, very strong, cyclones, Veronica and Trevor, are about to hit Australia near-simultaneously.

Liner operator looks to better service offering for growth and sees slightly better supply-demand balance for 2019.

The feature is intended to save carriers time and money that they would spend searching for and booking loads.

Plus; More ride-sharing for kids; Oregon follows California with new diesel pollution bill; fuel cell exec doesn’t want fuel-cells in cars.

Details of the new deal will not be released until they are reviewed at a two-person meeting, but it will succeed the current agreement set to expire March 31.

The harbor commission delays a vote on permitting APM Terminals to automate its Pier 400 container terminal during a hearing that drew more than 2,000 people.

Dry bulk shipping around the northern coasts of Australia has been suspended, ports have been cleared of ships and land side operations have stopped owing to highly unusual circumstances – two very large, very strong, cyclones, Veronica and Trevor, are about to hit Australia near-simultaneously.

With widespread adoption and government backing, hydrogen fuel cells could be an economically viable alternative to bunker fuel in the maritime industry, especially after the IMO sulfur cap regulation kicks in by 2020.

This C suite move follows news that Robert Biesterfeld will take the reins as CEO in May.

The Labor Department has determined that significant reductions in forced labor in Uzbekistan’s cotton sector have recently occurred.

Treasury continues to expose ways that shipping companies evade U.S. and U.N. sanctions to handle exports and imports for the North Korean government’s financial benefit.

Two industry leaders spoke Thursday about ways shippers can become more efficient and create positive relationships with carriers during an American Shipper webinar.

IMAGE: VVMF The Vietnam Veterans Memorial Fund (VVMF) presented awards to recognize the efforts of Truckload Carriers Association (TCA) members who volunteered their time and equipment to haul The Wall That […]

Valery Kosmachov is charged with facilitating illegal U.S. exports to Russia; Australian company manager David Levik will spend two years in jail for illegal exports to Iran.

Existing pact extended two months to allow for rank-and-file ratification vote.

Move latest push to expand e-commerce for B2B merchants.

Countless acres of farms, ranch lands destroyed by recent floods in Iowa, Nebraska. Will impact food on our tables.

The vehicle intelligence company, closed out the year with eight awards and significant year-over-year growth across transportation, fleet and franchise dealer business units.

28-day cooling off period now in works after contentious debate about automation; Union reminds officials that ‘robots do not pay taxes.’

Arrive Logistics announced Thursday plans to add 500 new jobs to its new Chattanooga, Tennessee office in a continued push to grow a presence in the Southeast.

Hong Kong-based Tigers, a global transportation and logistics company, is the latest member of the Blockchain in Transport Alliance (BiTA). BiTA is developing blockchain standards for the global transportation/logistics/supply chain marketplace.

The former CFO of Forward Air, CEO of Panther Expedited, and CFO of C.H. Robinson hits the open market.

Step five attempts to recognize people doing the right things and to reward that behavior by shining a light on the individual or individuals involved. Do you believe that people want to be with winners? Does being with winners inspire you to win also, to try harder for a better result? The life of a truck driver is stacked against such an atmosphere if you dig into it.

BNSF (NYSE: BRK) and Union Pacific (NYSE: UNP) are grappling with the aftermath of the recent historic floods, with both companies scrambling to assess and repair damage as quickly as possible.

Large markets lost market share and reefer capacity loosened across the Midwest, but some markets look more favorable for carriers.

The National Transportation Institute (NTI) is partnering with the Women In Trucking Association (WIT) to facilitate the data collection and analysis of the WIT Index.

Washed out bridges, impassable roads making it hard for aid to reach southeastern Africa after cyclone devastates the region.

Kenya-based startup Lori has built a logistics platform that is revolutionising the cargo-transport value chain in Africa by seamlessly connecting cargo owners, shippers and transporters via a digital freight marketplace.

Will cyberattack remain a drag on the company?

Mike McClendon will lead Lineage Europe, and Tim Isik will direct cargo sales in Europe, the Middle East and Africa.

Chinese buses reduce oil demand by 270,000 barrels a day; Lyft has disclosed business risks ahead of IPO; Ford to expand electric-vehicle production at Michigan plant.

The nine all-electric RTG cranes and three reach stackers are “the first part of $100 million to be invested in the first year” of a $500 million plan, GT USA […]

What to Expect at Transparency 2019: Speakers

The European Shippers’ Council is generally in favour of Uber Freight’s move into the European market, but the council warns that the deals between trucker and shipper will need to be carefully worded to avoid litigation.

Daimler Trucks North America is recalling more than 3,300 heavy-duty Freightliner Cascadia trucks because of a potential air bag glitch in the steering wheel, which could unexpectedly deploy.

Heavy snow melt and rains have caused historic flooding in 16 states and the FMCSA has lifted certain regulations as a result.

In partnership with Reliance Partners …If the DRIVE-Safe Act gets passed in the Congress, it would usher thousands of young drivers into the long haul trucking space. For them to have a long and successful career in the industry, it is critical for them to focus on body movement and the way they interact with their environment to prevent workplace injuries.

The South Korean shipping company will share the cost of installing scrubbers on its ships with the government and suppliers of equipment and fuel.

Members of the ATA and OOIDA had differing views of the article published by the Bureau of Labor Statistics.

The shipping line carried a record number of containers and has entered into a cooperation agreement with Maersk and MSC on several trades it says will reduce costs.

The Office of the U.S. Trade Representative on Wednesday released a notice announcing Section 301 tariff exclusions for 33 additional product types.

Authors controversial study miss key factors contributing to truck driver turnover and wages.

The workforces of both companies will be integrated after the sale closes, which is expected in the coming weeks.

“What shippers most need to know — are desperate to know — is when their cargo is actually available for pickup,” FMC Commissioner Rebecca Dye said.

NYSHEX looks to bring in other trade lanes to its platform while Freightos sees ocean shipping outmatching other modes in digital drive.

President Donald Trump on Dec. 21 ordered the regulatory changes, which will take effect April 1.

The ITS MARAD study found off-site staging areas with autonomous shuttles or virtual gates offer ports the best benefit-cost ratios.

IMAGE: SHUTTERSTOCK By TCA Retention Coach Ray Haight Recapping what we have learned so far from this series of articles would have us remember step one, which was creating a […]

Truck trailer orders dropped for the third straight month in February.

Proposal would boost incentives for greener fleets as industry bemoans forthcoming carbon taxes.

“Our members consider the legislation a betrayal. They complied with the Truck and Bus rule and now face the specter of being told it’s not enough.”

Kargo Technologies is an online freight logistics marketplace that connects commercial shippers with truckers across Indonesia.

Investors in search of yield have turned to private equity for sometime now. What’s new is the willingness for seemingly large, risk-averse investment funds to tap into the private equity markets.

More than a foot of snow could fall in parts of New England at the end of the week. Winds could reach blizzard strength.

European Council President Donald Tusk indicates that EU 27 could allow a short extension if May’s deal is voted through by Parliament next week. If the deal fails for third time, a no deal withdrawal or a longer extension could still be achieved at the eleventh hour.

Fed downgrades GDP growth projections, cancels rate hikes, stops balance sheet runoff, but “economic fundamentals are strong.”

The Atlanta sales office will support both the asset-heavy and asset-light sides of AMX.

ATA considering next steps in fight against “discriminatory” toll plan after judge rules that his court lacks jurisdiction.

The request by the Association of American Railroads (AAR) asking the Surface Transportation Board (STB) to include a cost-benefit analysis into its rulemaking process is being viewed by some as a positive step towards aligning STB procedure with other U.S. Department of Transportation (DOT) agencies.

Israeli-based maritime startup Orca AI provides uses artificial intelligence and data analytics to prevent ships from colliding with obstacles while at sea.

The FreightWaves Radio show will keep on coming live to you each and every week from 3:00-5:00 p.m. EDT on SiriusXM’s Road Dog Channel 146.