Union Pacific: we had a very good December after all, and our OR will tick down
After first saying in November that operating ratio for the year would be flat, a strong December has enabled it to tick up slightly.
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After first saying in November that operating ratio for the year would be flat, a strong December has enabled it to tick up slightly.
Transflo used its slot during the MarketWaves 18 Demo Day to showcase how its app’s new user interface, along with the broader Transflo ecosystem can be used effectively to reduce time during the lifecycle of a load.
The Senate Finance chair wants to talk with congressional Democrats about what they have in mind for consideration of the U.S.-Mexico-Canada Agreement.
In partnership with Reliance Partners …With cargo theft being a regular occurrence, it is vital for fleets to stay alert and train their personnel to keep the truck and the trailer safe from hijackers.
ZIM, Maersk and MSC announce that they will share space on four additional services.
The South Korean ambassador confirmed his country’s parliamentary body has ratified provisions necessary to effectuate amendments to the agreement.
The European Parliament’s Transport Committee adopted a proposal to establish a “single window” through which the ocean carriers communicate with maritime authorities.
Nonantum Capital Partners said it is partnering with company founders Ken Kellaway and David McLaughlin to recapitalize the intermodal drayage provider.
Changes made to leadership team, new board sworn in and senior director hired.
COO calls the move “a natural extension of our growth in Europe and across our global network.”
R. Eddie Wayland, TCA Legal Counsel (PHOTO: SHUTTERSTOCK) In a recent Legal Comment, we considered a situation in which a driver was not hired by a carrier because he was […]
“This is the biggest barrier from going where we are today to commercialization.”
Judging from the number of business exhibitors showing here for the first time, CES might well be rebranded as “UTS2019” – the Ubiquitous Technology Show.
Flat November demand first time in 31 months global market hasn’t expanded.
The Teamsters Union is relying on the new Congress to help stave off insolvency of its Central States Pension Fund.
The third week of the partial Federal government shutdown is impacting U.S. agriculture. Without full funding, the U.S. Department of Agriculture (USDA) is not providing some real-time information, full financial support, or some critical services for farmers and ranchers.
The mobility and freight business community of Chattanooga is starting to think strategically about growing the industry.
Acquisition of Cory only Hunt’s third deal in nearly three decades.
The New Year has started off with a surprising amount of volume in the freight market. So far, capacity has been available to handle it. The tariff deadline extension may be providing a second wind.
MSC has started the process of informing cargo owners that their containers were lost in last week’s storm that saw more than 250 containers lost from the mega-container ship MSC Zoe. However, the company is still analysing what caused the stacks to collapse
Trimble introduced a blockchain solution based on Hyperledger Fabric and demonstrated smart contract prototypes at MartWaves18 in Dallas for a group of transportation, technology and finance executives.
Research from Pride Transport breaks down the trucker-less world day by day.
A strong economy led to more CO2 emissions from industry and from buildings, offsetting the move away from coal.
The Blockchain in Transport Alliance announces that it is working with the IEEE Industry Standards and Technology Organization (ISTO) to assist the Alliance in its standards activities.
Commentary from ISM’s monthly survey makes it clear that manufacturers are blaming tariffs. Job openings fell to 6.9 million in November, down from 7.1 million in the previous month.
Parliament amended the Brexit debate time table and demanded a new plan from Prime Minister Theresa May, making a ‘no deal’ Brexit somewhat less likely.
As administrators for the Black Smoke Matters group on Facebook worked to get a handle on the sudden explosion of members in the group, one administrator announced he is stepping away from the page and the group has posted what it is calling “Truckers Declarations for the 2019 Shutdown” on its website.
Responding to attendee surveys, FreightWaves plans longer event, so audience gets deeper grasp of new technologies on display.
HMM said it increased volume 150 percent in two years as it prepares for megaship deliveries in 2020.
Spot flatbed lanes in the oil field are more volatile and priced at a premium to national averages. They’re closely correlated to fracking activity in the Permian Basin, which is why we keep a close eye on oil prices and production.
The New Jersey company will go into Hunt’s Dedicated Services unit.
But Drewry’s senior analyst of ports and terminals cautions growth will slow in 2019.
Lots of wind, blowing snow, dangerous cold likely to slow down truckers across the interior Northeast. Storm to last another day.
“This is a strategic investment that will further advance our final-mile delivery capabilities,” says President and CEO John Roberts.
American Shipper was invited to tour the LNG-powered vessel before it joined sister ship El Coqui on the rotation between Florida and Puerto Rico.
Cleanup in the North Sea continues following the Jan. 2 incident in which more than 250 containers were washed off the MSC Zoe.
The states are at different points in their adoption of the program, but some of them are showing the way in what can be done.
The American Primary Aluminum Association said an OECD report supports application of Section 232 aluminum tariffs across import sources and countries.
(PHOTO: TCA) Eighteen Companies with Outstanding Safety Records Now Eligible for Two Grand Prizes The Truckload Carriers Association (TCA) has selected 18 companies as division winners in its 43rd Annual […]
Keith Lovetro comes out of retirement to lead supply chain management company.
Torben Weilmuenster is elected chairman of the governing council; Bahri CEO Abdullah Aldubaikhi is appointed to the board of directors.
Kenworth Trucks and Toyota will build 10 fuel cell-powered Kenworth tractors as part of a partnership to reduce emissions at the Port of Los Angeles by 2020.
Costs for transporting cargo by sea could increase substantially with the introduction of emission control regulations on 1 January 2020. Precursor rules are already being enforced from this January. Regulations could push the cost of fuel and the costs associated with complex new technology significantly higher that could be passed on to shippers.
Walmart will deploy autonomous vehicles to deliver groceries for customers, according to Tom Ward, senior vice president of digital operations for the retail giant. Autonomous vehicle company Udelv is providing the technology to make the pilot program possible.
Bell Flight wants to introduce autonomous air taxis in 2020.
Jim Vena, protege of vaunted rail executive Hunter Harrison, seen as likely helping boost UP’s move to greater efficiency.
Snow, ice, heavy rain, and strong winds will smash into Pacific Northwest through Wednesday. Travel troubles in a region of big freight volume increases.
China is embarking on an effort to become a leader in the electric vehicle market.
The spike in revenue per driver per week came alongside record container volumes at the Los Angeles, California ports. Both Los Angeles and Long Beach experienced a standout October in terms of loaded inbound container volume.
Ride hailing companies are expanding services across various verticals like electric vehicles and autonomous driving cars, as growth of regular users in the cab hailing market seems to stagnate.
What Northam supports is along the same lines as the recommendation of a recently-appointed commission on the heavily-traveled north/south highway.
IBM estimates that less than one percent of all data is collected and analyzed. If all data was gathered and studied, “wonderful things would happen,” said Ginni Rometty, CEO and president of IBM.
Once dependent on drayage to move boxes to rail, GCT Bayonne now has near-dock rail to speed shipments to U.S. hinterland.
It’s that time of year; time to look forward and plan for the year. In order to have a better idea of where the economy and industry are headed, we always like to look back and review from where we came and what happened.
A port operator taps into funding for new natural gas tractors; birds and the federal shutdown could cause delays in Oklahoma bridge projects; Sears wants to liquidate; and air freight is flat in November
Trucking companies could be exposed to increased liability while a challenge to FMCSA’s hours-of-service preemption in California is pending.
One of the oldest and largest privately-held transportation companies in the United States has joined BiTA.
TAC Index Managing Director Peyton Burnett demonstrates his platform, explains how the data is processed, and outlines the potential for the derivatives market based on reliable air cargo price discovery.
Newly minted entities that had hoped to begin offering forwarding and NVO services at the start of 2019 are stuck until the FMC can resume issuance of licenses.
Allianz consultant is concerned that risk is being normalized in the shipping industry.
New truck sales figures broke records in Australia last year but, what goes up must come down. Expert analysts are worried that 2018 may have been a peak and that a decline in new sales is on the way. The Truck Industry Council reveals which brands of trucks sold best in Australia last year in each of the heavy duty, medium duty and light duty trucks along with the light duty vans. (Photo: Mitsubishi-Fuso).
We spoke to brokers from Avenger, Axle, LYNC, Redwood, MoLo, and K & L about their hopes and fears for January freight.
Jim Vena, a 40-year veteran of Canadian National, is joining the U.S. railroad on Monday.
The Port of New York and New Jersey hails the advancement of its five-year strategic goal to handle more than 900,000 rail lifts a year.
Gary Cardenas is named CEO; Mike McNally is appointed as sales and marketing director.
Coming back for more: unsatisfied with having drenched the very far northern tip of Australia, ex-Tropical Cyclone Penny has done a U-Turn in the Coral Sea and is heading back to Queensland. Trucking operations are likely to be hampered by rain, strong winds and local flooding. (Graphic: Bureau of Meteorology and MetEye).
In the event of a no deal Brexit the British Government will put a number of measures in place to relieve the pressure of cargo transported through the Dover Straights, testing one of those measures, the lorry holding site at Manston Airport is imperative for the system to work post EU withdrawal.
Tuck-in type deals may be on the way, top marketing executive says.
The shutdown means that the travel expenses of government officials to the Las Vegas convention will not be paid, and their visits will be canceled. Transportation Sec. Chao is still expected to deliver a keynote.
Powerful winds swept through the Pacific Northwest over the weekend. It didn’t take them long to do substantial damage.
Morgan Stanley likes asset-based carriers while Stifel is bullish on 3PLs, and the banks don’t agree on what the business risks to C.H. Robinson are.
A look at just how many shipping containers are lost at sea each year.
Daimler will put a level four truck on the road in the U.S. this year, Daimler Trucks CEO Martin Daum said during a speech this morning at the Keep Memory Alive Center.
Daimler kicked off its CES presentations with a ride and drive event at the Las Vegas Motor Speedway and a workshop on the company’s EV strategy.
Icy, snowy roads to cause more trouble for truckers in Northeast this week. Heavy rain, wind in northern California.
Wise Systems is building a fully automated system that allows teams to manage their entire fleet through cloud-based machine learning and provides dispatch routing that lets businesses plan, manage, and coordinate all aspects of deliveries with complete visibility.
Price impact of low-sulfur fuel may not be as bad as feared, but still remains unknown; I-5 bridge remains a chokepoint for trucking.
Two large ships are still on fire in the Pacific and Atlantic.
SUKU wants to decentralize the supply chain and make it run more efficiently and cheaply through its blockchain-based, open-source platform.
The udelv autonomous delivery vehicle, with an electric range of about 60 miles, will enter a pilot program with XL Parts in Houston.
Although it’s early in 2019, there has already been a major restructure of Australia’s byzantine freight-related governmental advisory sector. Ownership of Transport Certification Australia has now transferred – by order of one of the nation’s top transport decision-making bodies – to Austroads.
U.S. Trade Representative Robert Lighthizer: “The Trump administration is making clear that it takes monitoring and enforcement of U.S. trade agreements seriously.”
Results aided by strong collaboration with shippers.
The Connecticut Port Authority said the 20-year agreement with the terminal operator offers “a substantial increase in revenue versus the current operations.”
The first branded 93,000-square-foot facility has opened its doors in Nashville.
Ashley Coker (PHOTO: JIM ALLEN/FREIGHTWAVES) The Trucking Alliance kicked off 2019 by reaffirming its commitment to safety and making its priority objectives known. Steve Williams, president of the Trucking Alliance […]
Slync’s next generation supply chain management platform sits on top of legacy systems, pulling siloed data together, analyzing it, and initiating AI-powered workflows, and notifying human operators when they’re needed.
Record intermodal shipments on the rail for the second year in a row has deep implication for the trucking market into 2019. Trucking will benefit, at least partially, from Norfolk Southern’s latest decision.
A new rule in Mexico will boost demand for ultra low sulfur diesel. Also: the Saudis pull back from the U.S. and why it isn’t a big deal.
The first week of 2019 saw three of America’s largest companies announce revenue expectation reductions, signaling a potential cooling of the U.S. shipping market.
New CTO brings outsider’s perspective, seasoning.
Big storm to make lots of snow and wind in the Sierras this weekend. Travel will be dangerous, and towns could be left in the dark.
ACT Research: NA Class 8 orders totaled 490,100 units in 2018.
It’s an aggressive push by Deutsche to rebut the suggestion that XPO has serious accounting issues.
Shipwell is a startup that turns “the imperfect into the perfect,” stated company co-founder and president Jason Traff while presenting on the MarketWaves18 demo stage.
The U.S economy added over 300,000 jobs in December, marking the best monthly performance since February and capping the strongest year of hiring since 2015. The strength in job growth in December did not translate to the transportation and logistics sector, however, which was weighed down by job losses among parcel companies.
The CFO of C.H Robinson talks about the importance of relationships, tech and data.
Gale force winds and the subsequent rolling movement of the ship are the most likely causes for the loss of around 300 containers from the mega-container vessel the MSC Zoe on 2 January. But MSC has not yet confirmed the causes of the accident, or how much cargo was lost.
SecurSpace develops Airbnb-like model for container storage as intermodal hubs getting tighter on space.
Hauliers and shippers accuse the British Government of complacency as estimates of the effects of a no deal Brexit are substantially increased, making a deal imperative.