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The report found the nation’s seaports’ contributions to the economy have increased since the previous nationwide report published in 2014.
Budget includes $1 trillion in DOT capital infrastructure improvements and hikes for trade enforcement operations and overall funding for the Office of the USTR.
FedEx execs counseled patience, but will Wall Street listen?
A year after the launch of an electronic truck reservation system, truck turn times at the Virginia International Gateway terminal are down about 32 percent.
Industry leaders will address “Navigating a Carrier’s Market: Becoming a Shipper of Choice” at 2 p.m. EDT.
The $27 million transaction, which is expected to close in April, will help the Tennessee-based company expand its final-mile delivery services.
Ashley Coker IMAGE: JIM ALLEN/FREIGHTWAVES Some highlights from this month’s J.D. Power Commercial Truck Guidelines industry update: Volume at auction on the rise The number of trucks sold at auction […]
The autonomous truck company announced a new vision system that will allow vehicles to operate at night and in low light environments.
Will merchants turn their international supply chain data over to Amazon?
The Women In Trucking Association (WIT) announced its second annual list of Top Women to Watch in Transportation on March 18. Staff of WIT’s magazine, Redefining the Road, selected a list of women based on their careers and efforts to promote gender equality in the past year or so.
The recovery process is just beginning in the flooded Midwest, and truckers are getting involved. The need for their assistance will grow in the coming days and weeks.
The vehicle adds to the increasingly crowded last-mile delivery vehicle space, now featuring robotic, bicycle and scooter entrants.
Covenant Transport is the first enterprise carrier to lower guidance for Q1 on a numbers of headwinds, none of which are macroeconomic—yet.
Shareholder stub offered one last chance to take CMA CGM’s offer before eventual squeeze out and delisting of Ceva shares.
Britain’s Prime Minister Theresa May is reportedly writing to the European Union asking for an extension to Article 50 of up to two years. And she plans to return to Parliament again next week for a vote on her deal.
World Shipping Council CEO John Butler says breakthroughs will be needed to reduce greenhouse gas emissions.
GT Solutions, a transportation solutions provider based in France, is the latest member of the Blockchain in Transport Alliance (BiTA). BiTA is developing blockchain standards for the global transportation/logistics marketplace.
The federal funding will help pay for the multiphase project, which will allow Conley Container Terminal to handle vessels up to 12,000 TEUs once completed.
Hyundai, Kia and Ola will collaborate to develop fleet and mobility solutions, electric vehicles and infrastructure specific to the Indian market, they said in a joint statement. This is Hyundai’s and Kia’s biggest combined investment, and also is Hyundai’s first venture into fleet vehicles.
Want more? SONAR users get exclusive access to the detailed breakdown and insights.
The Rhenus Group, a German-based logistics service provider, acquired Canadian logistics company Rodair this week.
Maersk, which has been reducing its holdings in Total over the past year, says it sold shares worth about $1 billion.
Bendix is now making its advanced safety systems available for retrofit for models where it was not factory-installed. Plus, U.S. finds little support for postal rate changes, detention time increasing and air cargo boom may be over.
Rodolphe Saadé, CEO of CMA CGM, is expected to be elected as chairman of CEVA during annual meeting in April.
NFI Industries will use the acquisition of the Seattle-based firm to expand its non-asset intermodal services, especially in refrigerated transport.
“A stalwart leader within the American Association of Port Authorities” passed away Saturday following a battle with pancreatic cancer.
The U.S. may move ahead with its plan to withdraw from an international rate setting forum if a compromise allowing countries to self declare rates falls through.
The Treasury Department agency has added four Russian individuals and six companies for their alleged involvement supporting attacks against Ukraine’s navy.
A World Shipping Council study outlines benefits of vessel-sharing agreements as European regulators study whether to extend antitrust protections past April 2020.
Slow steaming is potential way for ocean carriers to meet higher costs of IMO 2020, but it carries risk of further service degradation.
The acquisition of Poland’s largest container terminal is worth more than $1.1 billion, according to The Wall Street Journal.
The 11,000-TEU Cape Sounio, operated by ZIM on a service offered by the 2M alliance, arrived Monday after transiting the Panama Canal.
R. Eddie Wayland, TCA Legal Counsel IMAGE: JIM ALLEN/FREIGHTWAVES The National Labor Relations Board (NLRB) recently issued an important decision related to the classification of workers as either employees or […]
After posting record earnings for the fourth quarter of 2018, the company is expecting its first quarter earnings to take a hit from lowered demand in the early months of 2019.
Expansion follows launch of similar service for consumers.
Severe flooding hits home and causes two deaths in the region, but freight impact limited to major bulk commodities.
Joseph Lipsey III, the now former chief executive officer of Lipsey Logistics Worldwide, has relinquished his ownership shares in the company.
Acquisition to add $75 million in annual revenue.
Strong performance from Ontario-based Peterbilt dealerships reflects overall North American demand.
Two major railroads have stopped freight service because of catastrophic flooding in the Midwest where rails are washed out.
Stepping into the system is expected by this economist to be Donald Trump, using emergency powers to halt exports of diesel fuel
The Speaker of the House of Commons has potentially thrown a spanner into Prime Minister Theresa May’s Brexit works after ruling that the Government cannot return with the same bill or motion to Parliament twice, scuppering any further votes on her deal.
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As cities witness the steady rise in vehicle inflow on their streets, city administrations would have to contend with two primary issues – prevalence of parking spots and the regular occurrence of traffic jams. Traffic micro-simulation models suggest a new regulatory scheme that might offer some respite.
Investors are risk-on for Europe, putting money into Italian, Greek, and junk bonds, and equities.
Good day, About $400 million in less-than-truckload business has gone elsewhere since regional carrier New England Motor Freight (NEMF) said Feb. 11 it would file for bankruptcy protection and subsequently […]
U.S. tariff levels on China apparently will depend on how far China is willing to go in agreeing to Trump administration requests for trade enforcement and other priorities.
Drewry says container carriers may try to mitigate the rising cost of fuel by slowing ship speeds and relying more on feeder ships.
CBP will begin accessing liquidated damages against non-vessel-operating common carriers that fail to timely and completely file their Importer Security Filings.
“It’s an elegant, beautiful, simple solution for storing energy, so much better than batteries. You break down water; you put it back together.”
Transportation Secretary Elaine Chao announced the immediate availability of the “quick release” funds to help repair damaged roads in Tennessee and Ohio.
The German logistics services provider made the purchase to help establish its network in Canada.
China is the number one country for emerging logistics opportunities in 2019, according to the latest annual Agility Logistics Index, which surveys over 500 logistics professionals. The country also takes the top spot both for domestic and international emerging markets logistics opportunities. India was in second place. Countries in the Middle East and South East Asia showed strongly too.
IMAGE: JIM ALLEN/FREIGHTWAVES By Steve Hitchcock, COO of Duncan and Son Lines I’ve read a couple of books recently that made me happy: “Factfulness” by Hans Rosling and “Enlightenment Now” […]
The University of Tennessee-Knoxville will be using FreightWaves’ SONAR in its supply chain management courses. An MOU between UT-K and FreightWaves means a heightened level of cooperation and mutual goals.
Comments by HEXO executive highlight difficulties cannabis producers face in getting product to consumers.
After a period of attempting to improve detention times with carriers, they appear to be falling into the old habits of making load/unload times are lower priority according to FreightWaves’ Detention Minutes Index.
Major agencies are checking in on what OPEC production was in February, and reductions are starting to bring world output level down to where the group said it wanted to get to when it met back in December.
The succession makes perfect sense and is a step in the right direction.
Revised package worth $3 million more.
I.D. Systems, Inc. (NASDAQ: IDSY) announced its acquisition of Pointer Telocation Ltd. (NASDAQ: PNTR; TASE: PNTR) on March 14 in a transaction valued at approximately $140 million.
Record flood stages have been reached on some Midwest rivers after heavy snow, record winds hit the Great Plains.
10-year old lawsuit is win for contractors but driver classification issue remains largely unsettled.
Through this acquisition, Omnitracs will work towards creating a truly unified driver experience through its next release Omnitracs One, expected to be unveiled late this year.
Training required for a Class A commercial driver’s license (CDL) just became less of a hassle for Class B truck drivers.
Following the loss of Grande America on 12 March a 10km long oil slick from the ship’s bunker fuel threatens to pollute parts of the French coast, while cargo owners count the cost of the destruction of their freight.
Industrial production rose by a paltry 0.1% in February, restrained by a second consecutive decline in manufacturing activity
Rates from Asia to the U.S. East Coast have fallen since the fourth quarter of 2018, and there are “several signs of slowing world trade.”
We look at the grounding of Boeing 737 MAX aircraft and just how much of an impact it will have.
The ships will replace older ships and be used in the intra-Asia trade by Sealand, which operates feeder ships for Maersk.
Plus: Amazon slammed for warehouse suicide rate, Allstate chief disses automotive industry and real estate giant moves into logistics.
Fuel pumping operations could begin Friday or Satuday, said France’s minister of ecology, but the maritime prefecture said there is a risk of coastal pollution from the spill.
U.K. Freight Transport Association doubles down on advice to members to plan for a worst-case scenario.
The IEA came out with some detailed numbers on what the impact of IMO2020 will be on diesel demand. But its estimate of non-compliance is a lot more than that of a panelist at CERAWeek.
High winds were a contributing factor to the Wednesday morning incident in which about two dozen railcars fell from a trestle onto a river bed.
Customs and Border Protection puts 28-year agency veteran Donald Kusser in charge of the nation’s second-largest airport.
French container carrier increases ownership of Swiss logistics company after monthlong tender offer.
International terminal mega-operator, DP World, has announced a solid set of results for 2018. Revenues, earnings before interest taxation depreciation and amortization (EBITDA), and net profit all substantially increased last year compared to 2017. Acquisitions and increased box volumes drove revenues and profits. DP World has announced investment plans for 2019.
All four crew members of the Michelle Anne safely escaped Thursday, but a Coast Guard incident management team confirmed a oil sheen in the water.
The government watchdog agency found that U.S. Customs and Border Protection expanded its reimbursable services and donations acceptance programs over the last year.
An inland port in Georgia can be in the works for automaker.
United Parcel Service (NYSE: UPS) is being sued by 19 employees at an Ohio distribution center who allege the company fostered a “racially hostile work environment.” The lawsuit, filed in […]
The UK’s House of Commons has voted to ask the European Union for an extension to Article 50 following a series of votes on amendments that were all rejected by Parliament.
Uber and Waymo are admitting they don’t want to commit the resources necessary for autonomous tech to be commercially viable.
A Colorado state trooper is killed while helping a stranded driver during Wednesday’s blizzard. Record winds, wrecks, road closures, power outages also results.
Shippers and 3PLs are looking to build relationships that are less transactional and more strategic. That requires a shift in thinking, as both parties have to pay attention to a broader set of concerns than spot and contract rates. (Sponsored by Redwood Logistics)
Pennsylvania-headquartered 3PL has grown operations from Atlanta to Southern California and wants to accelerate growth.
National freight volumes pulled back a bit this week after a strong start to March. Not all areas of the country are having the same experience.
Funding plan keeps Charleston and Savannah on course to handle larger container ships.
Uber spends over $1 billion every year on Waymo; Lyft is nearing its IPO; Fiat recalling 863,000 cars due to emissions issues.
A CEO is named for Europe, and a vice president for labor relations is appointed.
20% revenue growth YOY on cargo and mail helped a lot.
The road can be a dangerous place when severe weather hits.
The 430-acre Logistics Center Hudson, located northeast of downtown Denver, is part of BNSF Railway’s $65 million investment in Colorado this year.
Chaos in the United Kingdom following this week’s voting in Parliament has seen sentiment shift from despondency, to anger and finally utter confusion as politicians complicate Brexit.
V.Group, a prominent global marine and offshore vessel management and support services provider based in London, appointed Steve Holland as a non-executive director on March 13, the latest in a series of significant changes at the company.
In partnership with Reliance Partners …Speeding has been one of the single largest causes for road accidents. Today, technology can learn from data on dangerous driving behavior to help drivers modify their risky traits via consistent and positive feedback.
The Grimaldi Group ship was carrying about 2,200 tons of heavy fuel oil when it sank Tuesday in the Bay of Biscay.
While propane doesn’t pack quite the punch diesel does, it does produce enough power to handle many of the tasks at a fraction of the overall cost, advocates say, so why is not a more popular fuel for commercial operations?
The bills introduced by Rep. Xochitl Torres Small, D-N.M., and Rep. Clay Higgins, R-La., focus on bolstering CBP staffing.
