News

International Longshore and Warehouse Union says plan to automate Pier 400 puts robots ahead of people.

Transpacific revenues up 26 percent in fourth quarter of 2018 on 6.1 percent volume growth.

APM’s move to add automated box handling equipment at large terminal has dock workers concerned about job security.

Panels will review U.S. Section 301 tariffs on China and retaliatory tariffs by Turkey against U.S. Section 232 measures.

CEO Frank McGuigan and CTO Jim French discussed customer-oriented technology, trends in digital brokerage, M&A, and the future of managed transportation.

Operations resumed Monday following the end of the government shutdown, but it’s still not business as usual.

IPS Worldwide’s bankruptcy filing leaves many shippers seeking to get their money back, in some cases in excess of tens of millions of dollars.

Ignoring AV means losing first-mover status, influence with lawmakers, regulators

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 […]

Although sanctions against En+, Rusal and ESB were lifted Jan. 19, it took Treasury until Sunday to declare the action official.

The DOE fuel price keeps sliding as wholesale or rack prices are increasing. This can have a negative impact to carrier margins in early 2019 after receiving the benefit of expanding fuel spreads in late 2018. SONAR’s newest index can help you monitor this.

Three key agencies have completed their January forecasts and they are all reasonably confident about OPEC’s ability to balance oil markets this year.

Global trade body recognizes that old rules don’t apply.

Despite the temporary end to the government shutdown announced late Friday, the U.S. Census Bureau failed today to release its report on manufacturers’ durable goods shipments, inventories, and orders for the month of December 2018.

A former NTSB executive tells FreightWaves that “perishable information” critical to freight accident investigations is at risk of disappearing.

The Federal Aviation Administration (FAA) announced on Twitter on Friday morning that delays would affect LaGuardia International Airport and Newark Liberty International Airport due to the effects of the government shutdown, potentially delaying air cargo operations at these airports.

The ageing container feeder fleet is not being replaced at a fast enough rate. According to Vessels Value, nearly a quarter of the feeder fleet, 638 ships, are over 20 years old with only 222 currently on order and with more cargo and more large vessels arriving the demand is expected to increase.

As a slew of regulatory and tech changes hit the trucking and freight industries, the businesses that succeed will be the ones that are open to innovation — and surveillance.

The still-high operating ratio came in for criticism while management says it will reveal all on February 11.

Residents of Northeastern states are struggling with increased electricity costs and an unreliable energy supply as elected officials contemplate expanding natural gas pipelines in the region.

Wind chills as cold as 40 degrees below zero adding harsh bite to the air across Great Lakes states this weekend. Snowfall of more than 12 inches in spots.

Bringg is a delivery logistics startup that integrates with logistics players and also with brands, bringing them together on an open platform where they can leverage the network and serve their customers optimally.

As of December 16, 2019, anyone running an AOBRD must switch to an ELD. There are steps that can be taken now to ensure the changeover will be painless.

A.N. Deringer, Inc., a leading international logistics provider and customs broker, has joined the Blockchain in Transport Alliance (BiTA).

Plus: More on the tech-lash, shippers, beware of millennials, an autonomous division bites the dust.

Terminals operator adding equipment, labor and hours to relieve strains on truck drivers at ports; U.K. plans to rule the waves with 2050 plan.

Is 60 degrees hot or cold? Is the freight market hot or cold? The answers to both questions depend on perspective.

The Reciprocal Trade Act would allow the U.S. to increase tariffs based on higher tariffs in other countries.

The Coalition for a Prosperous America pushed for a look at taxing corporate profits based on the location of sales.

Numerous flights in and out of New York’s LaGuardia Friday morning were canceled or rerouted due to a shortage of federal air traffic control and safety personnel.

Spot-heavy 3PLs are looking for freight while brokers with good contract relationships are getting rewarded.

OFAC adds Qeshm Fars Air to its list of sanctioned entities for its role in transporting weapons to support Iran’s military operations in Syria.

The two newly sworn-in commissioners will fill four of the five available positions on the commission, which is charged with regulating liner shipping in U.S. trades.

Recovery work and damage assessment will be conducted at the Port of Freeport.

CEO Brandy Christian credits the Panama Canal expansion and growth in exports.

Ashley Coker (PHOTO: UNITED STATES DEPARTMENT OF AGRICULTURE) While most fleets along the East Coast are focused on keeping equipment and drivers well-equipped to handle winter weather, there’s another threat […]

Trucks and truckers are baking in the extreme Australian summer heat, which is nudging the 122 F (50 C) in certain parts of the country for days at a time. (Photo: Shutterstock).

The numbers that have come out so far are showing few signs that there had been a significant fourth quarter slowdown.

Company looks to link states on peer-to-peer platform.

“The state of the port is busier, cleaner and safer than ever.”

Port’s growing base of automotive and other shippers needs better way to move freight as traffic woes mean Charleston is ‘not as quaint.‘

Hard commodity volumes were mixed, but intermodal and coal are better; pricing is the best in seven years.

The biggest hurdle to making an infrastructure plan work is figuring out how to pay for it. A Washington D.C. think tank says Congress is ready to consider mileage-based user fees.

We look at the top freight markets broken down by flatbed, dry van, and reefer van.

The company moved up its operating ratio targets on the back of a strong performance in the early days of precision railroading.

Maritime 2050 Navigating the Future is the British Government’s new strategy to develop maritime services in the UK. However, there is no new money attached tot he strategy and the aim to become a world leader in digital technology is already trailing many other countries.

One-quarter of carrier respondents to a new survey believe that driver pay will need to approach $100,000 a year before it makes a dent in driver turnover.

In partnership with Reliance Partners …Winter has set in, making it hard for truckers to navigate the snowed-in and slippery roads. Marilena Acevedo from PetroChoice outlines measures that could be taken by the fleet leadership and drivers to stay safe during these times.

SupplyOn, an IT service provider that specializes in intelligent supply chain management solutions for discrete manufacturing in automotive, aerospace, rail, and engineering, has joined the Blockchain in Transport Alliance.

Nova Dynamics is testing DAX the robot in the tiny town of Philomath, population 4,760.

New technology is allowing operators on inland waterways to develop river trains that will transport cargo to and from European sea ports at significantly lower cost. The trains will digitally tethered to a lead vessel which will have an on-board crew.

Walmart looks to recruit 900 more truckers this year; brick-and-mortar stores would not completely go out of fashion; China to overtake the U.S. as the world’s largest retail market.

Financial transactions within the U.S. maritime sector – including vessel loans and project eligibility – are on hold waiting for an end to the government shutdown.

Wheels, a relatively new entrant to the electric scooter-sharing ecosystem has raised an investment of $37 million, which further reinforces the explosive interest shown by investors towards this segment.

Lower WTI prices mean slower pipeline construction and more pressure on crude-by-truck.

Port plans new wharf for container-on-barge service that has been slow to take off elsewhere; container imports show big December jump.  

Chinese ecommerce behemoth JD.com is turning delivery schedules up a notch by introducing delivery drones in Indonesia and completing its first “government approved” drone delivery earlier this month.

Trade analysts shared their perspectives on how the Trump administration might deal with South Korea as the U.S. weighs whether to impose auto tariffs.

The Sturgis proved that a floating nuclear power plant was not only possible but practical and safe.

A KPMG webinar described how importers should file post-summary corrections and/or protests to claim refunds under the Craft Beverage Modernization and Tax Reform Act.

Executive Director Mario Cordero says even after a record 2018 the port is hopeful for additional volumes.

Carriers are being delayed at border crossings due to Customs and Border Protection’s inability to confirm online that annual user fee payments were made.

Chris Henry, Program Manager, TCA Profitability Program Recently, Knight-Swift announced a 28% positive revision on their earnings guidance for Q4 2018. Details will be confirmed on January 29th when they […]

It was a great quarter for the railroad with revenue growth in all its product lines and increases in both operating and net income.

Another competitive threat to the incumbents?

FreightWaves is monitoring a number of trends that will impact the freight market in 2019. Digitization will play a key role in these trends as companies seek to optimize their supply chain processes.

Covenant Transport (NASDAQ: CVTI) reported record revenue in the fourth quarter, beating analyst projections by $10.72 million. The company announced $272.3 million in total revenue, a 33.9% increase compared to the fourth quarter of 2017.

Port truck operators could potentially increase their wages by using a new service from NEXT that helps them run shorter runs and return to ports with empty containers. The company just secured $97 million in funding to help it expand.

Last week had the largest single day percentage drop in volume since March of 2018. Capacity remained stable as we ride out the winter doldrums.

Missing USDA data on wheat stockpiles has traders reacting cautiously.

Company posts stellar 2018 results. CEO says prudence is key amid uncertainty.

A glimpse at the ATA Truck Tonnage Index.

More than 16 inches of snow possible in northern Rockies through tonight. Lots of blowing snow, too.

Sponsored by Redwood LogisticsWhile Redwood has moved freight in and out of the Southeast for quite some time, this acquisition provides the company with strong operational presence in the region. This geographical expansion is a key component of Redwood’s overall acquisition strategy.

David Rowan, founder and editor-at-large for Wired UK, will deliver a keynote address on Day Two of the upcoming Transparency19 conference.

On the third day of trade talks at the World Economic Forum in Davos, Switzerland, David Carlyle said the U.S. government shutdown is having an impact on the U.S. economy.

Tight supply of labor, chassis, railcars, and space all contribute to port woes. Autonomous ships coming to Norway by next year. 

National Industrial Transportation League panel focuses on ways to reform charges.

The partnership with the women’s soccer team is about more than just paying for uniforms. It’s part of a push to highlight the growing role of women in the historically male-dominated world of freight and beyond.

U.S. exporters may be tempted to prematurely re-engage with three Russian industrial giants reportedly relieved from Treasury sanctions before knowing all the facts.

Freight volumes coming into U.S. remain high in January, but delays and congestions turn trips to major marine terminals into ‘madhouse.’

Autonomous shipping is moving faster than regulators can regulate with the expectation that the first fully autonomous container ship will start operations in Norwegian waters by 2020.

Increasing regulation in the shipping sector could see an increase in the cost of vessel operations, which ultimately could raise the cost of freight.

Theresa May has returned to Parliament with a Plan B that MPs say looks suspiciously like Plan A, ministers and MPs across the party lines are railing against her plan again.

Heavy ice on the Great Lakes last spring got iron ore shipments off to a slow start and a steep dip in coal shipments contributed to lackluster year-end results.

TMS provider brings on chief technology officer; regional parcel carrier hires final-mile president and sales leader.

Ashley Coker (PHOTO: JIM ALLEN/FREIGHTWAVES) In New Prime v. Oliveira, the U.S. Supreme Court issued a ruling that changes the way arbitration agreements will be handled in the trucking industry, […]

Australia’s Heavy Vehicle National Law has been heavily criticised for being too bureaucratic, prescriptive and generally difficult to work with. A major review has been announced.

Heartland continues its strategy of being willing to walk away from revenue if it isn’t profitable and it is showing in the company’s operating ratio.

Ten markets to be added by mid-year, companies say.

Demand for trained workers is growing, but few educators know how to teach the fundamentals of logistics as it is practiced today.

For-hire truck tonnage posted its best yearly growth since 1998, but a decline in ATA’s Index at the end of the year indicated some softening.

FMCSA Administrator Raymond Martinez wanted to “fast track” the HOS rules changes – but the government shutdown is in the way.

Blockchain based supply chain startup Citizens Reserve has partnered with IoT platform Smartrac to assign physical items a digital identity that can be carefully and accurately traced along the supply chain.

America’s freight railroads operate the safest, most affordable, efficient, and environmentally sound rail system in the world.

The combined brokerage expects to do $200 million in revenue this year.

Higher rates to elevate inventory-carrying costs.

Top supply chain trends and Rhode Island collects more in toll revenue than it expected, plus the growing scooter logistics sector and more container checks.

There are numerous reasons why electric trucks may continue to take a backseat when private transportation fleets and for-hire carriers are developing their truck procurement strategies.

A company can now, in effect, integrate all the features one demands in a TMS solution with nVision Global’s other technologies, such as Freight Audit and Payment, Freight Claims, and Business Analytics.