News

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.

Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will drive profitability growth.

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.