DSV makes offer for rival Panalpina in another try at turning around a troubled peer
‘Swedish furniture,’ along with an IT refresh and 24 percent share premium, may factor in combining two top freight forwarders.
Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
‘Swedish furniture,’ along with an IT refresh and 24 percent share premium, may factor in combining two top freight forwarders.
Only about 10% of drivers aren’t belted but as a share of fatalities it’s close to 50%.
Freight transport experts are alarmed by the scale of the defeat for the British Government’s flagship Brexit policy, the concerns are that a catastrophic no deal withdrawal is now looming. However, the markets have been more subdued, with the stock exchange showing minor shifts and the pound, quickly regaining losses it suffered on the vote.
Capacity is abundant even though volume is relatively strong. Carriers are having little trouble covering the available freight making it a shippers’ paradise in mid-January.
Vector is digitizing the trucking sector by extracting information that is offline and moving it online.
Walking the show floor at the Detroit Auto Show is an experience that transforms you from the here and now to visions of the future.
Autobon AI is building an aftermarket autonomous vehicle system that would allow any commercial truck to be turned into an autonomous truck.
The MOBi-ONE is large enough to move washers and dryers, and do so autonomously through the air, perhaps redefining last-mile drone delivery before it even gets started.
Shippers and freight-handlers say U.S. agencies that oversee the flow of goods are starting to cut back services and working hours. On Tuesday, the Supreme Court handed a victory to American workers, ruling unanimously that independent contractors who work in transportation may not be forced into mandatory arbitration.
Australia is carrying out a series of large scale studies into its domestic supply chain; one study currently underway is into the nation’s freight data requirements. (Photo: Shutterstock).
Truck drivers hauling in the state of New York will not see ELD enforcement until state regulators finish getting the rule on the books.
Infestations of the brown marmorated stink bug found on ships en-route to Australia are causing havoc with local supply chains. Bugs are breeding, ships are re-routing, trucks are idling and supply chains are collapsing.
U.K. votes down Brexit deal, leading to more uncertainty on rules for freight forwarders; stowaway bugs bug Australia.
Months after being rejected by CEVA, the Danish logistics company offered $4 billion for Panalpina.
John Veroneau says the passage of the trade agreement is very much an open question this Congress as several variables are in play.
The express carrier reached a deal to acquire the international express business of Israel-based Flying Cargo Group.
The United States is in the midst of a building boom for industrial space as the logistics market struggles to accommodate surging e-commerce demand.
The purchase of Our Freight Guy marked GlobalTranz’s eighth acquisition since January 2017.
There is growing interest in interchanging equipment between importers and exporters at locations other than marine terminals and container yards.
UPS names president of supply chain solutions; Imperial Logistics selects chief commercial officer; and CII appoints executive director and senior adviser.
Click here to nominate your Shipper of Choice FreightWaves announces the Shipper of Choice Award, which will highlight the top 25 shippers in America as voted on by carrier-members of […]
Once-manual process now automated, offering some relief to shippers having to fetch empty containers at congestion plagued ports.
Manufacturing supply chains must deal with counterfeit parts. One company is hoping that its blockchain-based tracking solution can help solve that while also providing transparency in the freight supply chain.
Originally planned as an outlet mall, lot to get new lease on life as industrial property
A humiliating defeat in Parliament on the Government’s European Union withdrawal deal has left the European freight industry in chaos as the road ahead is uncertain. The Government now faces a vote of confidence, but without an extension to Article 50 the UK could crash out of the EU.
Shippers aren’t shy about moving contract rates down in RFP negotiations, and even brokers are surprised at how cheap capacity has become.
FreightWaves will highlight the top 25 shippers in America for its inaugural Shipper of Choice awards. The award will rate qualities such as flexibility and detention on a five-point scale, with the winner announced at Transparency19.
A snowstorm is blasting through the Sierras right now. Here’s how much snow to expect and the impact it will have on transportation in the area.
Storm to dump several feet of snow in northern Sierras. Blizzard conditions, dangerous travel.
Cohen, a 30 year air cargo veteran of United Airlines and Etihad Airlines has been appointed as FreightWaves Market Expert, Air Cargo. In this role he will be providing analytics and commentary about the air cargo market and will be working with data partners in the air cargo space.
Theresa May’s Government is facing a defeat of substantial proportions in Parliament for the European Union withdrawal deal that it has negotiated with the EU. If the Government is defeated the margin of defeat may decide the next steps in the long running Brexit saga.
New Prime v. Oliveira tests use of arbitration in disputes in effort to avoid more costly and lengthier court hearings.
Data on producer prices shows that overall inflation pressure calmed further in December, weighed down again by declines in energy prices. Industry detail showed that trucking rates continued to surge, however, driven by another large gain in long-distance trucking rates.
The TCA Profitability Program, or TPP, is an exclusive performance benchmarking initiative. The program’s aim is to help member carriers improve performance and profitability.
The market for lumber slowed considerably in the second half of 2018 as the Chinese economy lost momentum and trade disputes with the U.S. persisted.
Toyota’s Concept-i Ride vehicle is designed to help people navigate life, especially those that may have mobility issues.
The SureFly is just one of the products that Workhorse is working on. Additional projects include electric delivery vans and electric pickups.
Evergreen has added a second and third ultra-large container ship to its China, Europe and Mediterranean service, adding around 6,000 TEU of capacity to the service per week.
The Quadrobot is a modular design autonomous delivery vehicle, launching this year in both China and the U.S.
Ford will build vans and midsize pickups under an alliance formed with Volkswagen, while tapping into VW’s autonomous and electric expertise.
U.S. Trade Representative Robert Lighthizer indicated in a letter that ongoing trade talks will play a role in whether the Trump administration eventually will establish an exclusion process.
The carrier will use the Belgium-based service to approve the triangulation of containers in the United States and Canada.
Port of Houston faces choice as to which ships to prioritize; U.K. Parliament turmoil leaves Brexit deal in doubt.
The Port of Rotterdam, which ranks 10th worldwide in terms of total throughput, can transport goods to a consumer base of about 40 million people.
The Volvo XC40 is part of a subscription-based car service the company offers, hoping to attract new customers not interested in a long-term lease or purchase option.
Plus: AVs shrouded in secrecy; Puget Sound congestion relief
“Excepted personnel will ensure USTR continues to conduct operations, including trade negotiations and enforcement.”
Appointments are made and new leaders take the helm in the United States, Europe and South America.
The union says truck drivers will be prevented from waiving their rights through private arbitration agreements; the decision may spark class action lawsuits against owner-operator fleets.
Ashley Coker (PHOTO: SHUTTERSTOCK) A truck hauling frozen chicken crashed in rural Alabama last week, spilling tenders onto the highway. The local sheriff’s office had to warn people against stopping […]
Auto shows are a great place for vehicle introductions, and when a new Mustang is being introduced, it will often overshadow some of its competitors.
The North American International Auto Show, also known as the Detroit Auto Show, opened its doors to the global press on Monday. Here is a sneak peak at some of the vehicles on display.
State, local officials have harsh words for FedEx Ground. Unit fires back.
A current rail attorney who was with the STB for many years wonders whether it has ever broken free of the changes envisioned by the Staggers Act.
DOT chief Elaine Chao today called on manufacturers and Silicon Valley to help instill public confidence in the safety of autonomous vehicle technology.
Another member of Prime Minister Theresa May’s government has resigned as Britain awaits the outcome of the meaningful vote which is due to take place tomorrow evening in the UK. Credit
Rapid cargo handling is the secret behind Denmark’s Trailer Cat roll-on/roll-off freight ferry design that will reduce the levels of carbon dioxide emissions compared to a conventional ferry and compete with road and rail for cargo.
“We’re doing this with real commercial shippers and real cargo,”
Volkswagen announced today that it would expand its Chattanooga assembly plant to build the next generation of electric vehicles.
Eric Kirchner, the former CEO of UTi Worldwide, will offer strategic advice as GlobalTranz expands into new geographies and types of transactions.
Off late, electric scooter company Lime has been in the news for the wrong reasons. Batteries burning up, bike vandalism, fragile bikes breaking down, and the latest – abrupt braking issues.
An overview of which jobs are being impacted by the government shutdown.
The Nissan IMs electric vehicle concept drew raves from those in attendance at the Detroit Auto Show, but it is only one of several concept electric vehicles on display.
Saturday pick-ups to be processed the same day; arrivals come a day earlier
Parts of California to get pounded with heavy rain, snow, wind this week. Treacherous travel and delayed loads likely.
Ram’s redesigned heavy-duty pickups feature towing capacity up to 35,000 pounds and payload capacity of over 7,600 pounds, making them ideal workhorses for commercial customers.
Because of the now record-breaking partial government shutdown, the U.S. aviation industry is beginning to feel the consequences of lapsed federal funding.
Dry van rates hit air-pocket last month and lose altitude; but other indicators of freight economy still looking up.
January’s World Economic Forum (WEF) white paper identified 16 factories that are leading the world economy in manufacturing technology. The United States has only one of these “lighthouse” facilities – Fast Radius’s Chicago factory, located in the city’s West Loop.
The rise of ecommerce has brought it a lot more last-mile vehicles to the urban streets, making them an integral part of the traffic congestion problems that cities face. But there are initiatives that the city administration can work on to alleviate this situation.
New car sales should remain strong next year, said the National Automobile Dealers Association, but one group is warning of trouble on the horizon.
Drivers most often commented on equipment issues, logistics, people, pay, and communication on the WorkHound platform in 2018. The platform compiles anonymous driver comments.
But the outlook for 2019 is muddled by the U.S.-China trade war.
Now the Airbnb-like startup with an online marketplace serving shippers, truckers and logistics companies has secured a partnership with ITS ConGlobal.
The 15,262-TEU containership was heavily damaged in a March 2018 fire that killed five crewmen.
Modules added within the last year to TruckHub’s cloud-based TMS is helping customers automate dispatch and delivery, as well as boosting driver recruitment and improving service.
The objectives, released Friday, largely mirror separate objectives released ahead of Japan and NAFTA talks.
Economic and freight indicators are mixed, with some suggesting a downturn is coming, but others pointing to continued growth.
Everyone knew the quarter was weaker than it had been. The question is how much. Stock prices have reflected a significant slowdown.
U.S. technology developers warn the Commerce agency not to take broad, heavy-handed approach to controlling new technologies for national security purposes.
Auto parts imports could take a hit as vehicle sales slow; Japan makes its own play for African port supremacy.
Overall import growth mean more freight all around, but high drayage costs and better service bringing more boxes to rail.
Restrictions on material from Bulgaria and China will remain in place until January 2024.
Ashley Coker (PHOTO: JIM ALLEN/FREIGHTWAVES) The Wyoming Department of Transportation is embarking on a mission to improve safety conditions on a stretch of Interstate 80 that is prone to brutal […]
Chief executive officer appointed and board of directors elected.
Potential for road closures and power outages across southern California this week. Heavy snow, strong winds, localized flooding.
Fleets are increasingly turning to video to help exonerate drivers of wrongdoing and finding that a side benefit is the coaching opportunity video provides to improve risky driving behaviors.
The government shutdown is forcing the U.S. Coast Guard to work without pay which could begin affecting freight operations.
The falling Purchasing Managers Index tends to be correlated with the general freight market, the Cass Freight Shipment Index illustrates this. Is it time for carriers to pull back?
Sorting through emails, listening to endless phone calls: these are part of the information overload that the Smart Capacity platform seeks to address.
There are signs pointing to fundamental weakness in the market but prices roared ahead on the back of several factors.
Will Amazon take more boxes at the expense of FedEx, UPS, USPS?
The snow storm over the weekend pretty much panned out like meteorologists across the country had predicted – large amounts of snow from the nation’s heartland to the nation’s capital, […]
Asset-based carriers think contract rates are going up; brokers think they’re going down.
In addition to overseeing FreightWaves’ legal and compliance elements, Martin will serve as Market Expert for compliance and legal aspects of the freight industry
Major weekend storm still on track to dump snow, ice from Plains to mid-Atlantic. Potential for road closures, power outages.
Sponsored by Redwood LogisticsNo book can accurately define what “company culture” really is. It’s as much feel as it is philosophy. What experts do agree on, though, is that it needs to permeate all facets of the company.
Germany’s Federal Minister for Economic Affairs and Energy Peter Altmaier announced earlier this week that European nations were ready to build the necessary infrastructure to import liquefied natural gas (LNG) from the U.S. At this time, Europe has 28 ‘regasification’ import terminals.
Australian livestock haulers will greatly benefit from a programme of livestock-haulage related road upgrades in Northern Australia. Road investment decisions have been informed a massive transport research and simulation project by the national scientific research agency.
Zim and the 2M Alliance have signed a secind vessel sharing agreement in the trans-Pacific and Asia-Europe trades. The deal significantly boosts Zim’s service offerings while 2M says the new deal offers mutual benefits and efficiencies.