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Good times at U.S. ports not expected to last as world’s largest shipping line warns trade war will rear up at start of next year.
It took a week to get the tallies, but an early lead turned into an insurmountable deficit.
CargoX Smart B/L platform would be the first open and neutral blockchain platform in the shipping industry for real-world commercial use.
EPA is looking to update pollution regulations for commercial trucks after 20 years; oil prices fall to one-year lows; U.S. import levels have declined slightly across all major retail container ports.
An investor and startup founder talked about the health of the automotive industry, and how autonomous vehicle trends differ in the car and freight markets.
The Ontario, California market now has the edge over Atlanta as its OTMS value sits at 4.63% of the total outbound load volume in the U.S. according to SONAR data.
Penske Truck Leasing has added a major upgrade to its Penske Driver app, giving drivers the ability to quickly and easily call for roadside assistance without the need for a phone call.
From A to X, a wide range of honored companies.
The U.S.-China Economic and Security Review Commission recommends the U.S. government consider bringing a type of WTO case scarcely used against China.
Largest container carrier reports a 31 percent increase in revenue and a profit of $360 million in the third quarter.
What happens if vegetables are grown vertically indoors? What happens if oil prices collapse? Those were some of the questions at this Marketwaves18 panel.
The U.S. Environmental Protection Agency announced a plan that aims to further reduce nitrogen oxide emissions from truck engines.
Naum and Irina Morgovsky used their company to ship unlicensed infrared and thermal devices to Russia, a violation of the Arms Export Control Act.
British Airways and Iberia Airlines will pay $5.8 million in fines for falsely reporting the times they transferred U.S. mail to foreign postal operators
Worldwide Flight Services hires a vice president; California port names an IT director.
This morning at MarketWaves18 in Grapevine, Texas, FreightWaves CEO Craig Fuller announced that freight futures will begin trading on March 29, 2018.
2018 may have seen tight capacity and the strongest economy on record since the Great Recession, but what will 2019 look like?
“We went through a period when growth of shipping was 2-3 times the growth in international economy. I don’t think those times are coming back.”
In a surprise move, the Environmental Protection Agency has announced the Cleaner Trucks Initiative (CTI), which will try to rein in oxides of nitrogen (NOx) emissions from commercial vehicles.
Company expands time-definite delivery portfolio
As it continues work toward disrupting the traditional diesel-powered truck market in North America, Nikola Motor Company is eyeing another continent: Europe.
The author of Moneyball and other books expresses concern about the possible misuse or ignoring of data coming out of the federal government in his talk before Marketwaves18.
It’s high-cotton for transport start-ups, panel says.
New York and Crystal City the big winners, of course, but Music City will house e-retailer’s operations center for the eastern U.S.
Deutsche Post DHL Group (XETRA: DPW) has taken a new approach to recruiting driving in Europe: offering to rotate them out of driving roles. Following a record-setting September, fleets continued to order trailers at near-record rates in October.
Trailer orders are booming for manufacturers, setting a record in September and nearly matching it in October.
Fresh off strong third quarter earnings, Werner Enterprises (NASDAQ: WERN) President and CEO Derek Leathers was optimistic about the company’s future moving into peak season and beyond.
TCA’s David Heller discusses game-changing ELD data and the ways it may impact driver detention and retention trends.
The Cass Truckload Linehaul Index reached another record high in October while the company’s Intermodal Price Index points to rising intermodal costs.
The webinar is planned for 2 p.m. EST or 11 a.m. PST on Thursday, Nov. 15.
Facilities with exposure to steel and aluminum trade likely will see the earliest impact.
CBP is closing several lanes at two California ports as it prepares for the arrival of the migrant caravan moving through Mexico.
China also joined other countries in opposing a transparency proposal sent to the WTO by the U.S. and four other members earlier this month.
The U.S.-China trade war has brought misery to the thriving U.S. lobster industry, which is now feeling the heat of an additional 25% tariff that Beijing slapped on its live and processed lobster exports to China.
By David Heller, Vice President of Government Affairs, Truckload Carriers Association Detention time is certainly not a new issue, but recent developments, particularly the advent of the electronic logging device […]
The Office of Foreign Assets Control continues to extend the expiration dates of certain general licenses between U.S. firms and three Russian oil and gas companies.
The liner carrier ordered eight, 3,036-TEU vessels and 12, 2,038-TEU vessels.
In the last round of live technology demonstrations at MarketWaves 18, companies showed off products that automated document imaging and processing, matching loads to trucks, financing the supply chain, and creating price discovery for air cargo.
With his signature candor, White House trade adviser Peter Navarro told Wall Street bankers and the extremely wealthy to spend their money at home.
Blockchain solutions, improved interfaces, artificial intelligence and a tool for the intermodal business.
UPS advised shippers to take LTL business elsewhere. They did.
DHL hopes plan will attract new recruits to industry as shortfall looms.
The following answers were pulled from the 2018 King of the Road Survey from Atlas. Who have you assisted in moving?
“It’s such a massive market. If you don’t stay focused, you’re going to die.”
Cutting-edge freight tech startups and innovators give an intimate live product demo on the latest technologies changing the industry in a second round of seven minute demonstrations.
The American Transportation Research Institute is asking fleets to contribute electronic logging device (ELD) data to the group so it can study how the data can assist the industry in terms of safety initiatives and regulatory focus.
The first round of nine live technologies demonstrations at MarketWaves included blockchain-based logistics platforms, software that integrated directly into devices onboard a truck, and artificial intelligence solutions that automate repetitive manual tasks.
Kirchner says Slync spent a lot of time learning the market and what their customers need before they built anything. Asking the questions first is critical.
Companies are increasingly being asked to pay for damages to equipment, even when they are not at fault, according to a national survey conducted by TCompanies.
Lync Logistics, a young freight brokerage based in Chattanooga, cut the ribbon on its new headquarters last Friday afternoon and shared its aggressive growth plans with FreightWaves.
Strike averted at Big Brown, China’s black Saturday results, carriers woo military veterans, and more in Today’s Pickup.
The TCA and FreightWaves announced “Truckload Indexes”, a benchmark and commentary partnership that will provide near-time benchmarking of major operational and financial KPIs from best-in-class truckload carriers. This exclusive set of data points enable carriers of all sizes to compare how different data points impact the overall profitability and operating efficiency of truckload carriers.
XPO Logistics is rolling out four new LTL optimization technologies and has announced a fast-track and free process for military members and veterans to receive their CDL.
Marrying up an ELD with a video system isn’t the last step for bringing multiple technologies on to one platform.
Officials met in Washington for the fifth meeting of the bilateral Trade and Investment Working Group and held preparatory talks for a possible post-Brexit free trade agreement.
China’s imports record strong third quarter with October data also suggesting more goods on the way.
Virgin Hyperloop One has a new CEO and chairman in the space of a week, with it now looking forward to commercialize and implement the world’s first hyperloop system in India.
The paper calls for a stronger approach to requiring notifications by member governments on issues including customs valuation and subsidies.
Normal LTL operations resume following vote count Sunday.
“An unfavorable supply-demand balance with weakening freight rates and escalating bunker prices” blamed for $134 million in carriers’ operating costs.
Second-largest cold storage company expands its footprint in the U.K.
Two Lebanese nationals are in custody on charges of attempting to illegally export weapons hidden in a car.
Norfolk Southern appoints senior vice president; Liberian Shipowners’ Council names general secretary
Rank-and-file at UPS Freight unit overwhelmingly ratify 5-year pact.
China’s largest retailer partners with Tianjin Air Cargo as it ramps up its logistics business.
The 2018 King of the Road Survey from Atlas Van Lines shows what drivers feel are the best and worst parts about being on the road.
The collaborative tech company announced more than 75% growth in the number of lane matches on its platform in the third quarter of 2018 while it also continues to onboard new companies.
Ontario California has toppled the Atlanta market, the reigning capital of freight volume in the country. Surging volume is to blame. How long will the elevated volume last?
Pack a winter coat and umbrella. Rain, freezing cold weather moving into the Dallas-Ft. Worth metroplex for MarketWaves18.
The graphs below are based on TCA InGauge’s compilation of financial data filed by publicly traded truckload carriers. They display how trucking companies performed in 2017 and the first half of 2018.
TFI International (TSX:TFII), the Montreal, Canada-based transport and logistics company, has made two significant personnel announcements this week. David Saperstein has been promoted to chief financial officer of TFI International and Greg Orr, currently president of U.S. Truckload, has been promoted to executive vice president of U.S. Truckload.
The 2018 King of the Road Survey from Atlas Van Lines shows what drivers feel are the best and worst parts about being on the road.
FreightWaves adds industry technology veteran Jeff Seibenhener to the roster of Market Experts. His Market Expert focus will be on trucking technology.
Its financial metrics were not strong, but management sees recapitalization as key to its future.
Can the multi-level warehouse model catch on?
GREG ORR, EVP OF U.S. TRUCKLOAD FOR TFI INTERNATIONAL. TFI International (TSX:TFII), the Montreal, Canada-based transport and logistics company, has made two significant personnel announcements this week. David Saperstein has […]
The dispute sheds light on the extraordinarily secretive process governing the intermodal agreement.
Three wildfires in The Golden State are burning and spreading out of control, despite efforts to contain them. Strong winds and risk for new fires continue this weekend.
Data on producer prices shows that overall inflation pressure jumped at the start of the 4th quarter, though core price gains were more modest. Industry detail showed that trucking rates posted another solid gain in October, with big gains in long-distance rates offsetting declines in LTL.
The following answers were pulled from the 2018 King of the Road survey from Atlas Van Lines.
Lows water levels are seasonal, but this year has been record, impeding low-cost barges and favoring high-cost trucking.
FedEx customers shipping heavy parcels will take it on the chin next year.
TFI International the Montreal, Canada-based transport and logistics company, has made two significant personnel announcements this week, including a new executive vp of U.S. Truckload.
Blockchain, driver squeeze solutions…it’s all here in the list of these presenters.
Oil prices fall on the back of a possible supply glut; highly populated cities are fighting back to regulate traffic during peak hours; U.S. companies are finding it hard to continue working in Iran after the now-in-effect trade sanctions.
ZED Connect has announced that it is discontinuing its ZED-ELD product and offering current customers an opportunity to transition to the EZ-ELD from Stoneridge.
Threat of higher tariffs continues to push up transpacific rates.
In partnership with Slync… globalized supply chains are complex and subject to many risks. By automating workflows and creating AI assistants, companies can speed time-to-decision, reduce error, and make their supply chains more resilient.
More of the same. That was the consensus in a quick informal poll of listeners to FTR’s State of Freight webinar on Thursday when they were asked what the most likely outcome was for the U.S. economy in 2019.
San Francisco firm has developed real-time collaborative logistics platform that “keeps everyone on the same page across the supply chain ecosystem.”
It is now clarified that your truck can be laden while driving for personal conveyance.
An early look at next week’s weather for MarketWaves18 has a mix of rain, sunshine, and cold.
Better benchmarking can yield big savings.
Rail and truck demand a secondary casualty in trade dispute.
To say that Weston LeBar is enthusiastic about the Port of Los Angeles’s new online cargo tracking system is a bit of an understatement.
A surge in freight from Los Angeles has started to inflect the Dallas and Houston freight markets. Meanwhile, Harrisburg, PA’s strong headhaul score makes that Northeast market a diamond in the rough.
Answers were pulled from the 2018 King of the Road survey from Atlas Van Lines.
