News

Korea Development Bank is taking steps to merge Daewoo Shipbuilding and Hyundai Heavy Industries, but says Samsung may bid.

Containerships remain the top vessel, but the canal has seen an increase in LPG and LNG carriers since the expansion opened in June 2016.

Plus: The Trans-Adriatic pipeline, Intel’s new CEO and holiday returns defy expectations.

U.S. Customs officers at Nogales border crossing find 254 pounds of the drug hidden in a truckload of cucumbers.

Oakland, Calif.-based cosmetics firm ELF used two Chinese suppliers that violated the U.S. government’s North Korean sanctions.

Ashley Coker (PHOTO: JOHN WESTON, CHALLENGER MOTOR FREIGHT, 2017 WINNER OF HIGHWAY ANGEL OF THE YEAR, AND NASHVILLE RECORDING ARTIST LINDSAY LAWLER, THE OFFICIAL SPOKESPERSON OF THE HIGHWAY ANGEL PROGRAM) […]

Overall cargo volumes on Australia’s air routes have increased, according to the latest data from the federal government’s Bureau of Infrastructure, Transport and Regional Economics.

Australia is experiencing growth in volumes of inbound international air cargo, new official figures show. Freight volumes from overseas airports to airports in Australia grew by 7.3% in the year ended November 2018.

Shipping, orders continue to skyrocket.

ELD’s were supposed to make headway into reducing crashes, but that may not be the case so far, according to academic research from supply chain experts.

Company expects double-digit operating profits this year for all three units.

Women make up 7% of the drivers on the road and 23% of management.

Tuesday’s votes in the British Parliment left the transport trade and industry in general in limbo with politicians again failing to make a definitive decision on which direction the country would go.

The financial tech and freight tech sectors both have a huge addressable market, and both have been traditionally resistant to change. Will the disruption continue, and what should we expect after similar patterns of explosive growth?

Crash scenes have dotted landscapes in parts of Northeast this week. Snow, wind, extreme cold all factors.

Class 1 railroad warns of slowdown in shipments through major intermodal hubs as tracks crack under severe cold.

Debt levels are down and EBITDA coverage for that debt is up as the LTL carrier has a strong year and quarter.

Schneider National (NYSE: SNDR) reported strong earnings again in the fourth quarter, beating analysts’ earnings per share (EPS) estimates of $0.46. The transportation giant posted adjusted diluted EPS of $0.49, up from 2017’s fourth quarter result of $0.33.

Freight volumes recover as January closes. The artic air freezes the Midwest as the Chicago market heats up.

In partnership with Reliance Partners …When incurring demurrage and detention charges, shippers and carriers lose out on hundreds of dollars per diem. Optimizing drayage operations and dispatching cargo as quickly as possible could help in reducing the burden, especially during unanticipated port delays.

Americans have become used to buying fruit and vegetables year-round. But it wasn’t always that way, and improved transportation is the key to year-round produce.

Uber Freight is giving drivers the opportunity to rate shipper facilities. The information can be used by both shippers to improve conditions and drivers, who will see the details of a facility before accepting a load.

After a day of choppy trading, a consensus seemed to emerge that CHRW was well-positioned to grow net revenues even in a re-balancing freight market.

It’s Northern California versus Southern California traffic as port displays turn times; Brexiting remains bad for business, shipowners warn.

The joint venture of Japan’s three largest shipping companies said it benefited from the rush to get cargo into the U.S. ahead of threatened tariff increase.

The Agriculture Improvement Act of 2018 removed hemp from the Controlled Substances Act and opened the door for interstate hemp transportation. Now hemp manufacturers are mobilizing to establish supply chains to move their crops.

New York City’s shared mobility transit for city officials; electric cars have trouble running during extreme cold; Amazon is hauling cargo in self-driving trucks.

The Canadian Chamber of Commerce CEO said Parliament probably will want to see how legislative consideration of the pact shakes out in the U.S. first.

Now is the time for export compliance officers to explain to senior management the reasons for the delays in BIS and hold the line on compliance.

CEO says the company “is committed to providing our employees with a long-term career path they can count on financially.”

A new CEO steps in and a president is tapped to deepen relationships in the energy sector.

Ashley Coker (PHOTO: SHUTTERSTOCK) After a record-breaking year of nominations , the Truckload Carriers Association announced the 2019 Best Fleets to Drive For. The competition, hosted in conjunction with CarriersEdge, […]

China has problems that go well beyond U.S. tariffs.

Asset-light transportation manager sees results in-line with expectations, but softer rates coming up ahead.

Projects represent a niche market, company says.

Speed limiter regulations sat idling under Bush and Obama, so truck safety groups now look to Congress – and Trump – to put it in gear.

Carriers are asking about the risks of delivering so called “ancillary” shipments that facilitate weed businesses.

The company laid out its strategy in an SEC filing in the third quarter, and the fact that it is succeeding was evident in the numbers.

New Zealand’s Ports of Auckland has been conditionally granted funds to buy hydrogen fuel cell vehicles as part of a wider project to build a hydrogen fuel production plant. That second project, in turn, is part of a bigger project to transform New Zealand into an electricity-powered economy.

People between the ages of 15 and 25 are twice as likely to be involved in a fatal vehicle accident.

Stanley Robotics has designed a droid system that can park cars at airports, that will be trialled at Gatwick later this year. And this system could be adapted for airfreight according to freight equipment supplier LLM.

There aren’t too many signs of a slowdown in the class 8 order book, company officials said.

Investing in public transportation would significantly reduce casualties due to accidents and also cut down carbon emissions, especially in urban spaces.

Desktop Metal, an additive manufacturing [3D printing] firm which specializes in metal printing, announced last week that it raised $160 million from a financing round led by Koch Disruptive Technologies (KDT), a subsidiary of Koch Industries.

Additional pipeline capacity from West Texas means filling bigger ships with crude oil; New Zealand steering away from carbon economy.

A federal judge in Arkansas has said that paying drivers by the mile and not by the hour violates the Fair Labor Standards Act.

The Office of the USTR submitted a description of changes to existing U.S. laws required to bring the U.S. into compliance.

For the U.S. dairy products industry to pour its products into the British market, the U.K. will need to shed agricultural tariffs and non-tariffs currently shared with the EU.

Railway officials discussed plans to grow intermodal cargo and develop the Nova Scotia port during this week’s earnings call.

Technology developments are aiding ports, but business models also need to evolve.

Port handled 9.5 million TEUs in 2018 and believes technology can help solve “persistent systemic problems.”

Container volumes increased 7.5 percent; the port is dredging and adding cranes, truck gates and rail capacity to accommodate more growth.

(PHOTO: SHUTTERSTOCK) By TCA Vice President of Government Affairs Dave Heller & TCA Manager of Government Affairs Kathryn Sanner The more we hear about the detrimental effects of detention time […]

Three company veterans are promoted and a logistics specialist is named chairman of the board.

Still too much reliance on spreadsheets for carrier procurement, Gartner exec says.

Boats crashing into bridges and flooding have been by-products of ice jams during U.S. arctic outbreak. Problems could continue for few more days.

The Congressional Budget Office revealed the latest deficits it tracks for the Highway Trust Fund as Congress plans to debate new ways to pay for infrastructure.

CHRW grew earnings per share by 24%, top line revenue by 4.5%; and net revenues by 13%.

The United Kingdom’s Parliament voted on a series of amendments to The Governments Brexit withdrawal deal today and has manged to increase the possibility of a no-deal Brexit by voting to renegotiate the withdrawal deal.

FreightWaves adds violations, fuel spread, and more rail data to SONAR platform

Move prompted by customer ending Aberdeen business.

Class 1 railroads may have to shorten train lengths and reduce speeds to cope with cold, while drayage supply will also be tight.

Voting on amendments to the British Governments proposals to withdraw from the European Union are set to take place today. Seven amendments have been selected for discussion and vote.

Many feel as though electric trucks will continue to take a backseat for private transportation fleets and for-hire carriers.

The operating ratio in every trucking segment of the company was improved and its outlook for 2019 is solid also.

Apple’s manufacturing partner Foxconn Technology Group, which assembles Apple’s iPhone product in China, announced on Saturday that it has raised over $213 million for what it described as a “mega-development” in India.

Inxeption has designed the first blockchain-based e-commerce platform for B2B that catalogs and digitizes product information.  

In partnership with Arrive… high-tech freight brokerages are necessary links in the supply chain, but the key to their growth is how they select and coach their people.

Dam collapse could pinch amount of ore heading to water; container crane falls on ship in Canada; Australian port tries to go clean.

Investors may be starting to come around to the idea that truckload carriers have another year of strong margins ahead of them.

Shippers in the transpacific trade should consider moving more of their cargo under contract rates and look at joining a shippers association or buying group because of the trade war […]

No injuries were reported in the incident, which occurred early Monday morning, but both the crane and Evergreen ship sustained damage.

Trucking law specialists Scopelitis says that state arbitration laws—and not just the courts—can still be used to settle disputes between trucking companies and employees.

IPS Worldwide bankruptcy filing is another critical reminder that shippers need to better manage their accounts payable.

The Chinese telecom is charged with stealing trade secrets from T-Mobile USA and for violating U.S. sanctions against Iran through a misrepresented affiliate.

One of the world’s largest coal export ports, the Port of Newcastle in New South Wales, Australia, has announced it is committing to the EcoPorts global environmental and sustainability standards.

The Office of Foreign Assets Control has sanctioned state-owned Petroleos de Venezuela S.A. for illicit financial support of President Nicolás Maduro’s regime.

The roughly U.S. $250 million purchase of the Toronto-based business is expected to close in February.

Chris Henry, Program Manager, TCA Profitability Program (PHOTO: UNITED STATES DEPARTMENT OF AGRICULTURE) Five years ago, I first read a book called The Power of Habit: Why We Do What […]

Appointments announced by CMA CGM Group, Columbia Shipmanagement, Sandler, Travis & Rosenberg and U.S. Chamber of Commerce.

Sharon Middleton of Whiteline Australia Transport in Adelaide, and Phyllis Jones of road transport company NJ & NP Jones, based near the town of Hay in Outback New South Wales, have been honoured for their services to the road transport industry in Australia’s annual national awards

ELD impact substantive but short-lived, Hunt, NS executives say.

A high-level review of road safety governance has begun in Australia.A lack of road safety carries a terrible toll in lives and injuries in Australia

Australia’s National Heavy Vehicle Regulator has warned that grot and grime can obscure damage to parts during visual inspections; fatigue fractured leaf springs caused the death of truck driver Stephen Ross Brown.

The NLRB overruled an Obama-era litmus test defining independent contractors, giving trucking companies’ defense against unions a boost along the way.

Voting on amendments to Prime Minister Theresa May’s Brexit deal will take place tomorrow, but it is unclear which amendments will be chosen by the Speaker of the House. Meanwhile, retailers warn of the dire consequences of a no-deal EU withdrawal.

The Congressional Budget Office reveals latest stats on the diminishing Highway Trust Fund as Congress plans to consider new ways to pay for highway infrastructure.

Driver detention has been causing headaches and lost wages for years, but the ELD mandate has shone a spotlight on the issue like never before. For the first time, carriers have the data to back up what they have always known.

Truckers, not motorists, could be target of VMT, lawmaker says.

It’s going to be cold and windy over the next few days. Here’s a look at how dangerous a severe windchill can be.

Dangerous wind chills from 40s to 60s below zero keeping Midwest states in deep freeze. Snow, ice-covered roads adding to disruptions in supply chain.

New truck and trailer purchases currently include a 12 percent federal excise tax, adding tens of thousands of dollars to the purchase price. A new coalition is looking to lobby for the repeal of the tax.

Used truck pricing and volumes posted big gains in 2018 as a combination of factors, including a booming economy and limited availability of new trucks played a role.

Wind chills near 60 below zero soon heading to parts of the Great Lakes. Major cities to stay frozen for days.

Experts said that lashing failures were the most likely cause of the container stack failures when the MSC Zoe lost around 280 containers in a storm on 2 January this year. But MSC maintains that accident investigations are continuing.

Though semi autonomous trucks would be a reality in a decade, IRU believes that it would not displace drivers from the trucking ecosystem but would only make their jobs more sophisticated.

Swiss freight forwarder says 2021 strategic plan should make Ceva worth more as independent company.

KeepTruckin recently nabbed the talents of Jairam Ranganathan, formerly Uber’s senior director of product.

CEVA’s board says the offer is friendly but shareholders may do better if they hold onto their shares.