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If staying healthy in the car manufacturing industry and supply chain labor force wasn’t complicated enough, there is still the matter of the $51 billion bailout that the American taxpayer paid to save GM a decade ago.
Canadian province tackles stricter driver training and Chinese goods to Europe move along the world’s longest freight route. Plus Uptake takes innovation award and improving truck driving jobs.
FreightWaves adds commercial vehicle accident injuries and fatalities in SONAR as well as adds regions to the TRI.
Using the power of the crowds to create a successful mapping tool.
But the industry is much stronger financially than container liner companies, according to the consulting firm AlixPartners
Mercitalia, Italy’s largest freight railway company has unveiled ETR 500, a high-speed cargo train that connects Bologna with Naples. Authorities state that this would negate 9,000 truck trips annually, cutting nearly 80% of carbon emissions associated with carrying an equivalent load on road.
FreightWaves Founder and CEO Craig Fuller interviewed Truckload Carriers Association Vice President of Government Affairs David Heller about some of today’s most relevant issues facing the truckload industry during Heller’s […]
The combined product offering will become “the first truly global visibility platform” and the largest across North America and Europe, according to the companies.
Changes being implemented were enacted through tax reform legislation signed late last year.
Ocean Alliance carrier will add Port Tampa Bay to the rotation of its transpacific Gulf of Mexico Express service.
Dean Croke, Chief Insight Officer, FreightWaves Though the industry debates over driver safety, hours of service, shipper detention times, high driver turnover, and driver shortages, it still misses an important […]
“The Northeast Georgia Inland Port will be situated in the heart of the manufacturing and logistics corridor along Interstate 85” in Hall County, says Gov. Nathan Deal.
Company says SmartHub:Connect provides “glass pipeline visibility of both your global transportation and e-commerce fulfillment from factory to shop floor.”
The Commercial Customs Operations Advisory Committee was set to meet Wednesday, when the government will be closed in observance of George H.W. Bush’s death.
Eamonn Killeen tapped to lead real estate division; Vincent Touya selected as managing director.
The second edition of Tariff Negotiations and Renegotiations under the GATT and WTO follows the original published in 2001.
“I am convinced this transitional stage is going to give us huge opportunities for our country, and we are ready to face them.”
Autonomous vehicles policy should go beyond the highways and roads, the rail trade group argues.
App allows drivers to review facilities, fostering better dialogue between two sides of freight transaction.
Dry bulk carriers outperformed the S&P 500 by a significant margin today, with Star Bulk Carriers, the largest publicly traded fleet in the segment, gaining 5.1% on the day.
It seemed like the stuff of posturing and hot air. It was hard to see anything substantive changing from the weekend meetings of the G20 nations in Argentina. Will something more than kicking-the-can come from the concessions?
GM is cutting an estimated 15% of its workforce.
Even in the best of times The Last Frontier is a challenging place to deliver food, fuel and other goods.
Southern California expected to get flooded, followed by late-week ice storm freezing the supply chain across parts of the South. Widespread road closures and power outages possible.
FreightWaves has launched FreightWaves NOW, a daily video feature that funnels the organization’s deep expertise and forward-looking insights into an accessible video format.
Spireon has patented its technology approach to managing an automotive dealership’s vehicle inventory by pairing a tracking device to a vehicle, making this the 30th patent secured by Spireon for advanced connected vehicle technologies.
Weeklong crackdown readied for I-94; Carbon tax in France results in widespread riots.
We spoke to Uber Freight Product Manager Stefan Sohlstrom and Convoy’s Chief Product Officer, Ziad Ismail, about last week’s releases and what increased transparency means for the brokerage industry.
The American and Chinese leaders agreed to de-escalate trade tensions, including holding off on additional tariffs, but different factors could detract from the truce.
Both companies will start using new formulas on Jan. 1 in advance of the low-sulfur exhaust mandate.
Alaska Railroad remains shut down, but neither TOTE Maritime Alaska nor Matson reports injuries or damage.
Fleets are increasingly focused on reducing theirs and cutting fuel usage. Electric vehicles, particularly medium-duty trucks and those vehicles used in e-commerce and last-mile delivery, represent prime opportunities to achieve both goals.
Maritime port authorities say they are under pressure from Customs and Border Protection to build new on-site facilities for the agency’s officers.
He told reporters aboard Air Force One that he’s making the move in an effort to push Congress to pass the U.S.-Mexico-Canada Agreement.
Department of Justice says it has an ongoing investigation into the international freight forwarding industry.
Submissions come from seven states as well as Puerto Rico.
Chris Henry, Program Manager, TCA Profitability Program (PHOTO: MARTEN TRANSPORTATION) Since 2014, we’ve been closely following the publicly-traded truckload companies, and in 2015 we started embedding the results from these […]
Restricted party screening software should be viewed by U.S. exporters as one tool within a multidimensional export compliance approach.
Representatives of beneficiary countries testified Thursday as the Trump administration reviews eligibility based on worker rights, IP and other practices.
A museum and hall of fame dedicated to the trucking industry is set to open in Chattanooga, TN in April 2019. The museum will be the only museum that is dedicated to the founders and companies that have made up the history of the trucking industry.
Two largest economies agree to halt hostilities through first quarter after a year of trade saber rattling.
Big ships, bigger plans in store for Savannah
The spot market has been cooling over the past several months, but the players seem more uncertain than ever.
German logistics giant still has small share of U.S. package distribution, but hopes new centers will change that.
Chris Henry, Program Manager, TCA Profitability Program (PHOTO: SHUTTERSTOCK) Two years ago, I had a very enlightening conversation with Thom Albrecht (now CFO at Celadon). We were talking about why […]
A severe earthquake measuring 7.0 on the Richter scale struck southern Alaska on Friday morning at 8:29 AM AST, disrupting transportation and energy infrastructure.
Facility designed to link inland businesses with Savannah port through dedicated rail service
The cost of jet fuel burn is burning a hole in the pockets of air express shippers.
Investment bank Stifel Nicolaus (NYSE: SF) thinks that publicly-traded truckload stocks are now an attractive buy, with higher earnings available at reasonable valuations. That’s just one takeaway from a raft of research released this week by Stifel and Morgan Stanley (NYSE: MS) as the banks look forward to what next year holds for transportation.
Oregon produces about 6 million Christmas trees each year, more than any other state in the U.S.
Is the economy still healthy? Are people still making things, shipping things, and buying things? According to the railroad car data, the answer is a definitive “Yes.”
Great Plains, parts of Midwest to get smacked by another blizzard this weekend. Snow, ice, wind to slow down freight movement. Severe storm damage for parts of the South.
DHL’s advent into warehouse automation; India struggles with air pollution as coal consumption increases; WTI rates in danger of falling further.
Tyson Foods will be testing a tractor that will utilize Achates Power’s opposed-piston engine technology that is said to reduce NOx emissions by 90% from current standards.
Grace Greene takes helm of Saltchuk subsidiary during a time of uncertainty and optimism for The Last Frontier state.
IMO’s low-sulfur mandate and European review of liner shipping consortia exemption creating further uncertainties for the industry.
The leaders of the three countries signed the agreement on the sidelines of the G20 summit in Buenos Aires, teeing up the pact for respective domestic ratification processes.
Tunnel boring in the U.S. is extremely expensive due to the high labor costs and the inefficiency in boring technology. Elon Musk’s The Boring Company is looking to solve this by bettering boring machinery and envisioning a futuristic underground transit. However, questions on its feasibility still prevail.
The tax changes of 2017 caused some fleets to consider leasing as opposed to buying, and new accounting rule changes could have a similar effect, says Fleet Advantage.
Regional structure is streamlined and a managing director is named.
The owner of trucking company RAMA Enterprise will spend 33 months in jail for wire fraud and failure to file a 2012 tax return.
Neoline seeks to start up a transatlantic service using an innovative ro-ro ship powered by wind.
Ashley Coker (PHOTO: TRUCKSTOCKIMAGES.COM) While some truckload carriers tend to treat their brokerage operations as hobbies or support functions, Chattanooga-based Covenant Transport (NASDAQ: CVTI) is committed to fostering a relevant […]
Highest Thanksgiving week on-time delivery rates in 5 years.
The shipping network buildout continues.
“We are completely certain the Cascadia will revolutionize Mexico.”
Despite many truckload carriers reporting record revenues and strong operating ratios, TCA data housed inside FreightWaves’ SONAR shows an anomalous jump in insurance expenses, spiking as high as 4.45% of total revenue at the end of October 2018.
Do you know the different types of CDLs? Our latest video may help.
The issue is geofencing vs. GPS as the most accurate way of tracking where a truck is.
BitNautic, an all-in-one hub for the global trade industry, has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards relating to blockchain in the transportation/logistics/supply chain marketplace.
In partnership with Reliance Partners …Why are rates rising in this first year of full ELD compliance? What can be done to maximize margins?
Full digital automation of shipping processes may be on the way, but what are the intermediary steps leading us there?
Freight activity surged prior to Thanksgiving with help from Los Angeles volume. Drivers returned to the road this week, and carriers have figured out where to position their trucks to alleviate some tightness.
The November Market Update, presented in partnership with Convoy, featured FreightWaves CEO Craig Fuller and Chief Economist Ibrahiim Bayaan, who discussed macroeconomic data and trends in freight markets.
Beijing-based startup Geek+ is a pioneer of AI-enabled logistics robots for warehouses, and is powering technological transformation of the logistics industry.
Also in the pickup: Morgan Stanley index, and a move back to sailing across the ocean.
Coming in at number 10 on our Freight.Tech 25, KeepTruckin continues innovate and collaborate. One of their more recent tech additions to their product line is the App Marketplace.
Since its founding in 1935, Schneider has only known three leaders: founder Al Schneider, his son Don Schneider, and Chris Lofgren, the first non-family member to lead the company. Come April 2019, you can add the name Mark Rourke to that list.
Sen. Portman also highlighted his hopes for agriculture to be included in EU-U.S. discussions during an event at the Hudson Institute.
According to the American Trucking Association, there is a current shortage of about 51,000 drivers, which is impacting U.S. retailers, and it is predicted to get worse in the coming […]
Karen Dunn Kelley’s “noncontroversial” nomination had been pending for more than five months.
Company veteran Steve Collar will lead the integrated organization as senior vice president and general manager.
Ashley Coker (CHART: DATA FROM TRUCKLOAD CARRIERS ASSOCIATION INSIDE FREIGHTWAVES’ SONAR) Despite many truckload carriers reporting record revenues and strong operating ratios in the second and third quarters, TCA data […]
A senior director of external relations is appointed in Washington, and a public safety chief is hired in Texas.
The company lined up about $350 million in financing and cites acquisitions and debt payments as the core of its plans.
Roughly 65% of Truckload Carrier Association member fleets have structured brokerage operations, estimates Chris Henry, program manager of the TCA Truckload Profitability Program (TPP), but very few companies have insight into how their asset-light division stack up against their peers.
Freight forwarder’s leading indicator of trade is still positive, but growth has slowed with ocean freight showing the most decline.
Canada Post workers in Montreal back to work following order to end strike. Here’s a look at the aftermath of the strike.
A dicey delivery season looms.
The size of the US goods trade deficit with the rest of the world increased again in October, as a large decline in exports and a small gain in imports pushed the deficit near record levels. The total value of traded goods fell slightly during the month but is still considerably higher than at this point last year despite significant changes to trade policy.
In a 45-minute chat at a Credit Suisse conference, Jim Foote insists that it isn’t all about cost-cutting.
Heavy snow and rain will make it nearly impossible or dangerous to move freight through the Sierra Nevada tonight. Alternate routes or waiting are main options.
FreightWaves adds truck driver employment level estimates.
As any driver knows, parking is at a premium at truck stops, even during the middle of the day. A new survey is being conducted to get an update on the current parking situation.
Same-day shipping has been made popular by the likes of Amazon, but small-time retailers find it hard to keep pace. California-based startup Shipsi is changing that by assisting shippers to plug into last-mile delivery options and helping them provide the elusive same-day shipping experience.
On Tuesday afternoon, Arrive Logistics popped champagne as the freight brokerage officially opened its downtown Chattanooga office on Market Street. We spoke to Arrive executives about the company’s culture, growth story, and plans for Chattanooga.
The goal of sanctions is to drive up the costs so that it’s no longer tenable to undertake illegal transfers. J.B. Hunt announces partnership with p44. Lithium boom raises questions. Industry incumbent C.H. Robinson doing big time tech.
In spite of the prediction challenges everyone faces, what does Doug Waggoner foresee coming down the transportation pipe in 2019?
Coming in at No. 9 on the Freight.Tech 25 list is C.H. Robinson (NASDAQ: CHRW), one of the tried-and-true providers in the freight space. Robinson’s Navisphere technology platform is part of the company’s commitment to providing solutions to its customers and carrier partners.
The numbers from the Black Friday-Cyber Monday period are seen as supporting the company’s projections of a 17% increase
