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Firm cuts debt load nearly in half, shows single-digit top-line growth in freight management, contract logistics.
Online freight booking systems can streamline the process for booking air and ocean freight, solving several significant challenges along the way.
A senior representative of CAI International Inc. spoke on the company’s focus on refrigerated container units in the retail supply chain at the 2019 LINK supply chain conference.
The U.S. trade deficit in goods widened to a record in December 2018 as a sizeable decline in goods exports was paired with a jump in goods imports. This reversed the decline in the deficit from the previous month, and the drop in goods exports sent yearly growth into negative territory for the first time in over two years.
dexFreight introduced the Early Adopters Program, through which companies that sign up will have exclusive access to early release versions of the dexFreight platform, and have the opportunity to interact with dexFreight’s development and product teams.
Top Five Riskiest half square-mile road stretches of 2018 in California, based on Lytx’s proprietary risk score system.
Onfleet won the first annual RTech supply chain innovation award for its online dashboard application. The application’s software assists businesses to manage in-house deliveries, as well as managing outsourced last-mile deliveries.
An overview of what’s happening in the global markets right now.
Start-up is latest seeking to automate the fraught process of securing truck capacity with its test bed at busiest port in U.S.
Lawmakers heard how costly fees and equipment shortages along the supply chain are hurting exports.
Compliance issues can result in large fines for companies, which is why some companies find outsourcing compliance programs to experts can be a financial win.
Witnesses gave the Senate Subcommittee on Transportation and Safety a variety of recommendations to improve intermodal infrastructure.
World’s largest ocean freight forwarder continues to grow volume, but impact of liner alliances also take toll on margins.
The Switzerland-based freight forwarder and logistics company reports both increased sales and profit for 2018.
The latest opposition stopped a proposal by 73 WTO members to end an impasse as the U.S. continues to voice its concerns about the functioning of the panel itself.
As the U.S. government works to ease restrictions on where drones can fly, they could become an attractive target for hackers.
The service will be paired with APL’s Eagle Express X transpacific service.
The ship Kauai will be moving cargo to and from Hawaii while Matsonia undergoes repairs.
Craft Ventures led the funding for the company, which wants to bring “Uber-like” efficiency to the drayage industry by linking freight forwarders with truckers.
World’s largest ocean freight forwarder outlines hurdles to automation in logistics even as it prepares to invest more in technology.
Ashley Coker IMAGE: WIKIPEDIA COMMONS About 40,000 pounds of broccoli was scattered across a metro Atlanta freeway after a truck overturned earlier this month. The broccoli was not met with […]
A series of company earnings from New Zealand shows that the international maritime trade to and from the Pacific archipelago is largely strong, especially for the bigger ports, but the smaller ports have experienced some downturns in trade.
DHL showcased its Resilience360 platform at the 2019 LINK Conference in Orlando
Several more feet of snow coming to the Sierra Nevada Range, adding to travel troubles. Blizzard conditions and road closures likely in some areas.
Acquisition of bulk transporter will grow Canadian TFI’s tanker presence in the United States.
Project44 announced on February 25 that it had partnered with U.S. Bankcorp (NYSE: USB) to integrate its Advanced Visibility Platform into U.S. Bank’s freight payment solution. The announcement was made at the 2019 Link retail supply chain conference in Orlando.
Redwood Logistics spoke on the importance of technology in the retail supply chain at the 2019 LINK supply chain conference in Orlando.
Facilities to be shuttered now benefiting from increased business, perhaps NEMF diversion.
Trella is a Cairo-based startup that is looking to optimize truckers’ routes so they’re no longer driving empty by connecting them with shippers across Egypt.
Crawford’s mission is to secure large enterprise customers, grow the company aggressively, and prepare for the next stage in the venture capital cycle.
Convey showcased its self-service delivery appointment scheduling platform at the 2019 LINK supply chain conference in Orlando.
Each week, the Department of Energy’s Energy Information Administration publishes average regional and national retail prices for motor fuels. The national diesel average is used as the basis for most, if not all, fuel surcharges in the trucking sector.
The Motiv EPIC all-electric chassis will be installed on Ford F-59 glider chassis at a Detroit Custom Chassis plant. Also, Colorado passes bill lowering the commercial truck driving age and the Port of Long Beach sees near-record volumes.
Truck stop-travel center operator returned to core business in q4, CEO said.
Cold supply chains suffer from opacity in their operations, which could turn disastrous especially during handoffs – when products are left unattended and might slip out of the prescribed conditions it needs to be stored under. Technology like IoT sensors and blockchain could help companies to monitor their cargo movement better.
Companies say a nearly two-year-old investigation has been dropped.
Sponsored by Redwood LogisticsThe deployment of technology solutions requires many steps, but using a provider that offers an open systems architecture approach can help ease the transition, eliminating both time and cost.
If IMO 2020 boosts demand for LNG bunkering, the U.S. isn’t ready to take advantage.
Small brokerages are confident they can grow quickly in a softening freight environment and trend-line GDP growth.
The coalition will lobby Congress to approve the U.S.-Mexico-Canada Agreement.
CBP and the industry continue to bring clarity and control to a significant import process through regulatory changes and automation.
Nordstrom has been around for nearly 120 years, but changes in the way consumers shop have forced the retailer to evolve too. Jason Trusley, Nordstrom’s vice president of strategy and […]
The seizures happened in several separate incidents at two ports of entry along the southern border in recent days.
The Treasury Department agency is taking action against the government officials for deliberating blocking humanitarian aid from entering the South American country.
The deal appears to make Lineage the world’s largest operator of temperature controlled warehouses.
The port authority completed the USDA’s Southeast InTransit Cold Treatment Pilot program, showing its ability to handle refrigerated containers of South American fruits.
The AU$92 million acquisition marked the second in February for the Australian company, which has made more than two dozen acquisitions since January 2017.
Ocean carrier reports unaudited full-year results including its acquisition of UASC, but volume gains have yet to add to profit.
Congress asked to stop any legislation allowing larger and heavier trucks on U.S. highways.
The petition cited apparent problematic fishing practices near New Zealand, which reduced the dolphin population to almost 2,000 over the past 45 years.
Home Deport is among the latest investors in the same day delivery company.
The department is looking for members to fill the 2019-2021 term of the President’s Advisory Council on Doing Business in Africa.
Ashley Coker IMAGE: SHUTTERSTOCK Colorado Governor Jared Polis has signed a bill that will allow drivers between the ages of 18 and 21 to operate a commercial vehicle for the […]
Worldwide customs and logistics software provider WiseTech Global has today announced the acquisition of Containerchain, a provider of a shipping container tracking and managing systems for AU$92 million (just over USD$65.8 million) in cash.
North America On-Highway and Defense softened sequentially, and management thinks the company will make much less money in 2019.
The SEC says that Elon Musk violated his settlement agreement by issuing material, forward-looking statements about Tesla without having them pre-approved by an internal process.
Global logistics player, Toll, has officially launched two new roll-on, roll-off (ro-ro) ships for the carriage of trucks and containers across the Bass Strait between mainland Australia and the island of Tasmania. The first commercial sailing begins in a few days on March 1. FreightWaves reviews the vessels in detail, describes the local wharf upgrades and analyses the Bass Strait trade.
FreightWaves has closed $20 million in Series B funding from large strategic investors including Hearst Ventures, Prologis Ventures, and Revolution Ventures
U.S. private equity firm Platinum getting Canada’s largest customs broker for undisclosed sum
Tropical storm-force winds, torrential rain did some damage to U.S. island of Guam over the weekend. Rare February typhoon came close to being much worse.
The 2019 LINK supply chain conference opened its exposition today with a keynote address delivered by Richard Johnson, chairman, president and chief executive officer at Foot Locker Retail Inc. (NYSE: FL).
New York has banned empty tractor trailers from portions of the New York State Thruway and some interstates in the western and central parts of the state due to high winds.
Microdea is an Ontario-based company that digitalizes documentation and automates back office processes to make them more efficient, seamless, and less wasteful.
Artery for goods ranging from coal to oil to grain closed in wake of historic rainfalls.
Now Group, an autonomous mobility services company created by a partnership between BMW and Daimler, is expected to shape the future of urban mobility and benefit from the opportunities offered by digitalization, shared services, and increasing mobility needs of consumers.
Expeditors should do well in a softening ocean freight market and a Panalpina deal wouldn’t necessarily be a bad thing.
Several feet of snow this week adding to record amounts in the Sierra this month. Destructive winds, flooding possible in lower elevations.
It is said that moving freight is all about relationships. If that is true, what value does a routing guide provide? A great deal, it turns out.
Want an snapshot of what the markets are doing? We’ve got you covered with our weekly market forecast.
US Xpress (NYSE: USX) showcased its competency-aligned driver simulator program at the 2019 LINK supply chain conference in Orlando.
BlueGrace Logistics celebrated its 10-year anniversary on February 22. Founded in 2009 with only eight employees, the company currently has 600 employees and is one of the largest third-party logistics (3PL) providers in the United States.
Today, everything about your business – your brand, all your customer sales and service interactions, your transparency and accessibility – are part of the consideration set of the customer, and that means a different approach to selling.
EU Ambassador to the U.S. David O’Sullivan told reporters that any imposition of Section 232 tariffs on automotive imports from the EU would end bilateral talks toward a free trade […]
Rising volumes and “reasonable” orders for new ships expected to result in improving balance of supply and demand in the container shipping industry.
Flexport’s ship has come in. The digital freight forwarder last week landed a $1 billion investment from a group led by SoftBank’s Vision Fund.
Home Depot, a Roadie customer, takes financial stake in delivery firm.
Delay in tariffs comes after a week of talks in Washington with Chinese officials; but the threat certainly good for volumes coming into Seattle.
A Boeing 767 cargo plane en route from Miami to Houston Saturday afternoon crashed into Trinity Bay, near the Texas city of Anahuac.
China service, terminals and logistics outweigh ongoing competitive situation in Guam and lower southbound volume in Alaska.
Tariffs had been set to rise across $200 billion worth of goods from China on March 2.
“FAA and TSA workers should not become the bargaining chips over congressional budget battles,” said Brandon Fried, executive director of the Airforwarders Association.
Shippers can gain on-demand, real-time access to carrier documentation.
The project, which is expected to be completed by March 2020, will deepen the harbor from 35 to 40 feet.
Ashley Coker IMAGE: JIM ALLEN/FREIGHTWAVES New York has banned empty tractor trailers from portions of the New York State Thruway and some interstates in the western and central parts of […]
Crash scene one of `total devastation,’ witnesses say.
Jack Cooper Transport Company has announced its intention to stop yard management operations and lay off 425 employees at its Louisville, Kentucky terminal.
The 2019 Retail Supply Chain Conference – also known as LINK – begins today at the Gaylord Palms Resort and Convention Center in Orlando, Florida. The conference will serve as a networking and learning event for top executives in retail supply chain institutions.
At least 40 percent of drivers are still using AOBRDs, and nearly 80 percent of those don’t plan to switch to ELDs until the second half of 2019, just ahead of the deadline.
Increasing spot rates lead carrier revenues in 2018, will revenues start to fall now that rates have started to come down again?
An Amazon Prime cargo jet operated by Atlas Air Worldwide Holdings crashed today near Trinity Bay near Anahuac, Texas, killing all three crewmembers, according to the Federal Aviation Administration.
Inside YRC’s fight with IPS Worldwide.
Stockpiles in the country are building up. Also: more hints on the price of fuel in a post IMO2020 market; Russia’s lack of assistance to OPEC
The signing of mutual recognition agreements between the U.K and the U.S. should smooth the movement of pharmaceuticals and electronics, but the bigger prize will be a free trade deal and that will be far more complex to secure.
Government continued to pay for services even though it was aware of carrier’s reweigh policies, YRC, others say.
If confirmed, the new DOJ deputy could bring with him from DOT potential deregulatory influence.
Thick ice, heavy snow, damaging winds coming to a large portion of the U.S. this weekend. Temporary supply chain disruptions likely. Dangerous conditions for truckers.
When you contemplate the strengths of successful businesses, it is common to focus on a unique product or service offering or a creative marketing strategy that was used to gain market share. You may also think of strong leadership, those with the vision and courage to climb above the rest. However, we often forget to acknowledge the massive importance of organizational structure and design in the ongoing success and viability of a successful business.
Unpredictable demand, expectations of a high service level, and labor scarcity are the most significant challenges that face logistics today, and it is crucial for warehouses to face up to it by having the right mix of automation and human resources on its floor.
“We have a lot of reasons to believe 2019 will be our best ever.”
