News

The Bureau of Industry and Security is looking at export controls of technologies expected to facilitate development of the country’s future space policy.

The agency has extended the comment period for its “21st Century Customs Framework” initiative through April 11.

Down, down, down – freight rates are down, nearly across the board, on export and import routes to and from China, according to indices published by the Shanghai Shipping Exchange.

International Container Terminal Services (ICTSI) has released solid results for 2018. The port and terminal operator, which is headquartered in Manila, Philippines, had an up-up-up 2018 compared to 2017. ICTSI’s box volumes were higher, revenues increased and the group generated higher profit.

Canada’s No. 2 auto parts maker sees growth surge in industrial manufacturing business.

Wagers’ position goes, and so does he.

Infrastructure hearings and a controversial waiver have lawmakers taking sides on the Jones Act debate.

Canadian-made Class 8 truck posts a 250-mile range and 25,000-pound maximum payload.

Amazon one of the companies covered under departing FedEx executives’ non-compete clauses.

MatchBack Systems provides an innovative approach to manage shipping container costs and improve efficiency optimization through the use of matchbacks.

Destructive winds, heavy snowfall in the Great Plains will slow down truckers, disrupt supply chain for a couple days. Up to a foot of snow, winds reaching 60 mph.

Retail sales rebounded in January despite big declines in motor vehicle and gasoline sales. Gains in core sales helped to stabilize the retail sector during the month, erasing much of the decline from December 2018.

CEO Appel says 2019 restructuring of postal, e-commerce unit to drive 2019 profitability.

Brexit-Day in the United Kingdom is approaching with this week billed as a critical week in the process. Prime Minister Theresa May is battleing to save her deal and could fly to Strasbourg for more talks with the European Commission ahead of tomorow’s vote.

Think of it as one small step for Boeing and one giant leap for the sustainable jet fuel supply chain.

Market expert Dean Croke writes about the impact of Daylight Saving Time (DST) on drivers (particularly truckers) and the pros and cons of the energy saving rationale behind DST.

Industry and higher education professionals gathered on March 8 for a presentation on the value of market data in the freight and shipping business at a Lunch and Learn event, co-hosted by FreightWaves and the University of Tennessee at Chattanooga.

The futures contracts will provide a way for carriers, shippers and third-party logistics providers to hedge their exposure to truckload spot rate volatility.

Container volume growth will not outstrip global GDP to the same degree as in the past because many commodities once shipped in bulk already have shifted to containers.

Your weekly market snapshot has arrived!

Modern transportation management systems (TMS) have lowered the cost while increasing the power of the solutions, opening doors for shippers of all sizes to benefit.

The FinEst Bay Area has secured a $17 billion financing for the world’s longest undersea tunnel between Finland and Estonia from a large Chinese private equity firm. This is yet another example of the Chinese interest in European infrastructure, a possible extension to their grand OBOR initiative.

Good day, Data mining efforts in the post-ELD era continue apace. On Friday, software firm Trucker Tools LLC and consultancy J. J. Keller & Associates, Inc. launched a platform integration […]

People involved in negotiations gave a ringing endorsement of the pact’s labor and environmental provisions, a hot topic as Congress expects to consider the deal soon.

Huarong Energy, formerly known as Rongsheng Heavy Industries, which was China’s largest privately owned shipbuilder, sold the assets to the bond holder for HK$1.

Over the last several years, Columbus Rickenbacker airport has emerged as a key and growing alternative U.S. gateway for international air cargo.

E-commerce giant Alibaba says it will deepen collaboration with the parcel delivery company STO Express

The NCBFAA responded with alarm to Customs and Border Protection’s March 16 mandate to use the new “create/update importer identity form.”

Korea Development Bank will transfer its Daewoo stocks to a subholding company to be established by Hyundai Heavy in return for equity stake in the company.

Member of THE Alliance is latest ocean carrier to experience financial difficulty amid a still volatile rate environment.

IMAGE: JIM ALLEN / FREIGHTWAVES Central Oregon Truck Company, Inc. of Redmond, Oregon, Searcy Specialized of Harrison, Ohio, and Meritor, Inc. of Kansas City, Missouri were recognized for their contributions […]

Republican Sen. Mike Lee’s Open America’s Water Act would open U.S. domestic waterborne commerce to “qualified,” non-U.S.-flag vessel operators.

Competiton regulations prevent container shipping lines discussing individual cargo owners between themselves, but this regulation may prevent the lines from warning each other about the potential dangers of a cargo. Its time for a change in the rules some say.

Stevedoring company says the investment by Blackstone Infrastructure Partners is “growth oriented.”

Los Angeles has had the heaviest freight volumes in the U.S. for the past several months, but carriers should be paying attention to where that freight is headed.

The model spelled out here may work in the long run. But in the short run, companies are going to turn to marine diesel and that may be a problem for the trucking sector.

High-growth business models make sourcing talent even more difficult for freight brokerages.

With diabetes rates for truckers running 50 percent higher than the national average, industry and health advocacy groups are working to raise awareness about how drivers can manage the disease and ensure a high level of public safety.

Highway expansion projects that receive private and public funds could be exposed to added risk.

Navistar International Corporation’s first quarter revenues bounce on orders for new truck designs and a strong performance in the spare parts business.

Job growth fell well short of expectations in February, as the economy added the fewest workers to payrolls since 2017. Hiring slumped in several industries during the month, but trucking employment increased for the ninth consecutive month.

This February was brutal in parts of the Midwest. One city reported more than 50 inches of snowfall. Weekend blizzard to add more.

If you wonder where the truck drivers are, look to smaller fleets as their driver numbers surged over the past eight years. But with customers only tapping this pool of drivers occasionally, shippers leave themselves exposed to volatile spot rates, according to freight brokers.

CargoX and dexFreight, the two blockchain logistics companies will collaborate in offering digital bill of lading solutions and cost-effective logistics operations.

Purchase will add a cloud-based terminal operating system for small container and mixed cargo terminals.

The UK’s consultation paper on the airline and airfreight business, called Aviation 2050, predicts that hybrid electric/hydrocarbon jets could be operational as early as 2035, as environmental and technological issues are set to dominate future developments.

The road can be a dangerous place when severe weather hits.

Two days after a report concluded that none of the world’s 20 biggest publicly traded airlines is doing enough to tackle climate change, executives from Alaska Airlines and Delta Air Lines said the sustainable jet fuel supply chain has a long way to go before airlines could transition away from conventional energy sources.

There are worries that the U.S. may be seen as an unreliable source of commodities such as soybeans.

Thousands of people flooded the Indiana Convention Center this week to see the latest products and services being offered to vocational and other types of fleets. Dozens of new products were announced, here is a look at some of them.

The group reported a 1.8 percent growth in revenue in 2018, but the decline in EBIT was attributed to 502 million euros spent on restructuring the PeP division.

Michael Khouri, who has served as acting FMC chairman since January 2017, was officially named chairman by President Trump on Thursday.

Trade ministers from Indonesia and Australia signed a new free trade agreement (FTA), the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), in Jakarta, Indonesia, on March 4. The new agreement eliminates nearly all tariffs on the two-way trade in goods between the two nations. A wide variety of non-trade barriers will also be removed.

Electric trucks dominated the vehicle conversations at this week’s Work Truck Show in Indianapolis, plus the cost of charging vehicles, overtime pay changes and another trucker protest planned.

House lawmakers reintroduce legislation requiring trucks over 10,000 pounds to have protective guards on all sides, which the association says offer no safety benefit.

The time to hire for the agency currently takes about 300 days, with less than 3 percent of applicants successfully completing the hiring process.

The YM Warranty and YM Wellspring are planned for the Pacific North West Coast Loop 3 and Mediterranean Service-2 lanes.

With female representation among truckers at just three percent, industry looks for ways to close gap.

Dry bulk and container shipping along China coast seeing too much capacity, according to government statistics, leading to falling rates.

The project, which is set to double the capacity of the largest container port on Sweden’s east coast, is expected to be completed by the fall of 2020.

Members of the trade community presented several ideas on Thursday for reforming the World Trade Organization as the U.S. continues to work with the EU and Japan on ways to […]

Export weakness, geopolitical uncertainty weigh on demand.

V. Group, a leading global marine and offshore vessel management and support services provider headquartered in London, hired Allison Henrikson to fill the role of Chief Financial Officer on Thursday, […]

Minnesota’s Tom Emmer sees blockchain hype giving way to reality and more widespread use of the technology taking hold – as long as Congress helps clear a path.

Logistics will play a key role in recovery after the deadliest tornado in Alabama in more than 80 years struck Sunday.

“The Marines have embraced this because it saves lives and makes them the most lethal, most effective fighting force the world has ever known.”

OLIMP is a platform that connects shippers and carriers to provide cross docking, on demand warehousing and last mile delivery. 

Company plans to improve profits by canceling uneconomical charters and “reducing market-exposed fleets.”

The Senate Subcommittee on Economics and Security’s inaugural hearing Thursday focused on the impact of China’s economic practices on intellectual property and standards setting.

Tony Kingston is named president and CEO, and Jon Panzer, Jennifer Hamann and Gary Grosz have new roles.

The seller was Swedish private equity group EQT Partners, which may be trying to clean up its balance sheet ahead of an IPO.

GLT Logistics is the newest member of the Blockchain in Transport Alliance!

Utilimaster has unveiled a new customizable cargo box for last-mile delivery. The box has separate compartments that can be individually temperature controlled.

Saia, Inc. is providing LTL shipment and tonnage data for the first two months of the first quarter. These are the results.

Volumes have jumped to seasonal levels, but capacity has not been significantly impacted yet. Will March volumes change freight market conditions?

Tesla’s V3 Supercharging station discharges 250 kW; Italy’s olive-oil industry is facing an agrarian crisis; Americans are abandoning public transit; French port of Marseille-Fos has joined a blockchain pilot program.

In partnership with Reliance Partners …What occurred in Alabama and Georgia is devastating and something that can happen suddenly in any area of the U.S. prone to this type of weather. It’s important to consistently communicate with drivers on how to remain safe under such conditions, as we can’t control the weather regardless of how much we monitor it.

An Indianapolis construction fleet has leveraged Verizon Connect’s telematics solution to drive more efficiencies in dispatching, maintenance and fuel tax rebates for off-road diesel use.

Lars Jensen says while individual carriers and freight forwarders may be under threat, the industry is not.

Association representing the kitchen cabinet industry says it’s one of the “largest trade cases” filed against China.

Implementation is delayed until all locals ratify supplements and riders.

A survey sponsored by the International Tank Container Organization found the top 10 operators and leasing companies dominated the industry.

The American Logistics Aid Network’s volunteers prepare to assist Alabama and Georgia communities struck by tornadoes as well as flood-ridden areas of Tennessee.

The deal, which is reportedly for an approximately $2.5 billion and also includes DCLI subsidiary Blume Global, is expected to close in the second quarter.

An e-bill of lading service using proven scalable technology can have easy ROI based on prime service revenue, faster delivery, time savings, removal of fraud risk and heightened security.

Industry expert sees reasons to be hopeful that container shipping can weather 2020 and right itself from capacity glut.

Ashley Coker IMAGE: JIM ALLEN / FREIGHTWAVES TCA Retention Coach Ray Haight will speak at the National Recruiting and Retention Symposium in Ontario, Canada next month. The symposium, powered by […]

International and Mack both announced new service offerings designed to improve the customer experience and operational effectiveness of their respective vehicles.

Blockchain experts laid the groundwork for a regulatory roadmap at the 4th annual Blockchain Summit in Washington, DC.

Mitsubishi Fuso said that customers are demanding more gasoline models in medium-duty operations, so it is delivering with this Class 5 gas-powered cabover.

Aviation apps are gaining popularity among pilots, and the ForeFlight product has gained significant traction in business aviation.

A maritime labor-supply demand gap is opening up in Australia as its marine workforce is old and getting older, according to a new report from local domestic trade association Maritime Industry Australia. Worse still, there are fewer and fewer young people entering the local maritime industries.

Smaller fleets see best growth in driver capacity, but shippers only tap them once in a while, creating more volatility.

Asset Balance Solutions is the latest member of the Blockchain in Transport Alliance (BiTA). BiTA just released the first blockchain standard for the freight/logistics/supply chain industries.

Valuations will stay high and capital is readily accessible, bringing both sellers and buyers to market.

The Anchorage airport has built its reputation on location, location, location. But the facility also boasts an operations advantage that many carriers don’t know about.

Last-mile delivery network aggregator Shipsi announced a new roster of ecommerce and retail partners across the U.S. to support and fuel its march towards the future of retail.

Canadian transportation and logistics firm may add as many as 68 new trucks and 160 trailers to its fleet this year.

Agency said the Boeing 767-300 cargo plane’s pilots lost contact with air traffic control in Houston during the last 18 seconds before the Feb. 23 crash.

A community continues grieving after Sunday’s tornado in Lee County, Alabama killed 23 people, injured dozens more.