News

It looks like the freight market is waking up from the long running summer doldrums, or is it just a byproduct of the pre-holiday shipper procrastination.

Spot markets register tightness in vessel capacity as peak shipping season is only just starting.

ELDs are one part of the overall telematics picture that fleets can utilize to greater efficiency, according to a new survey of fleets.

“Visibility of terminal operations has improved considerably.”

Despite an increase in cargo volumes, diesel particulate emissions are down 81 percent since 2005.

Containership charterer says tariffs are a risk, but “forecasts suggest world trade will grow by 4.8 percent in 2018.”

The Icelandic shipping company benefited from higher volumes but encountered headwinds from changes in currency exchange rates.

Powell returns as chief technology officer; Gingsjo promoted to head project management services.

Ecommerce in Indonesia supports 4 million jobs today, with McKinsey expecting the number to reach 26 million in the next five years. All that the country needs right now is a strong logistics network and surplus skilled labor.

This informative infographic highlights the value and benefits of intermodal.

Intermodal EXPO will take place September 16–18, 2018 in Long Beach, Calif., and is the largest gathering of the intermodal supply chain.

According to a survey by PwC, 84% of respondents are actively involved in blockchain. The Blockchain in Transport Alliance (BiTA) could be the industry’s answer to the ever-pressing question of standardization—after all, 45% of the survey’s respondents believe that the issue of trust could delay blockchain.

In partnership with Reliance Partners …The idea that technology will save lives is exciting on the one hand. On the other, just how seamless will the technology be? Will it be optional or mandatory?

With a vision of bringing “trucks, trailers and goods online,” KeepTruckin continues to innovate and invest in technologies that improve the lives of drivers.

Maersk foresees a $2 billion increase in fuel costs due to sulfur-emissions cap; U.S. consumers might witness increase in car prices after U.S.-Mexico deal; Indonesia is seeing a tremendous growth in ecommerce; German car manufacturers are facing a battery production crisis.

Logistyx Technologies (www.logistyx.com), a leading developer of Transportation Management Execution™ shipping software, today announced it has joined the Blockchain in Transportation Alliance (BiTA).

Regional surveys from Federal Reserve districts were mixed during the month, as softening conditions from the Philadelphia and Kansas City districts were offset by improvements in the Richmond and New York regions. Commentary from the regional surveys suggests tariffs, labor shortages, and the inability to find trucking capacity are curbing economic activity across the board, though growth remains generally positive.

Chinese carrier says result was hard won and partly attributable to its terminal business.

Technology firms aim to ease process of managing multiple carriers in regional markets.

Global demand for air cargo grew at its slowest pace in more than two years.

The International Trade Commission rules imports do not harm the U.S. manufacturing industry.

The 3PL’s strong financial results were fueled by strong Asia trade and increasing volume in the region.

Load-matching start-up CargoX recently closed a $60 million funding round.

FreightWaves introduces new mapping features that make it easier to visualize data and heat maps across the freight market.

More than 2,000 scrubbers are expected to be in use by 2020 and LNG is gaining ground as a fuel in deep sea shipping.

North American trading bloc seeks rewrite with auto industry facing brunt of changes.

The Journal of Commerce wants to prohibit us from ever quoting or linking to their content again. We just want information to be free.

In their fifth round of funding, Brazil-based freight broker CargoX has raised an additional $60 million.

LaneAxis is looking to drive efficiency in the trucking network by using blockchain to help shippers connect directly with carriers without brokers or 3PLs.

We visualized the performance metrics of the publicly-traded truckload carriers over the past six quarters, using TCA InGauge’s data.

Exactly three months after truck drivers in Brazil shut down highways for across the country in protest, its impact continues to be felt.

The early summer truck strike continues to impact Brazil, Narvar raises $30 million in funding, GreyOrange picks Atlanta for its US headquarters, and more in today’s pickup…

For many truckers, their vehicles are their pride and joy. Each year at the Great American Trucking Show, they get a chance to show off their creations during the Pride & Polish competition.

CVTA member schools could train more students, but lack of finances both for tuition assistance and for states to employ testers is causing students to bypass truck driving as a career choice

After remaining flat in 2015-16, the average fleet fuel economy for the nation’s top fleets improved in 2017, according to research conducted by the North American Council for Freight Efficiency (NACFE).

Ware2Go also provides inventory visibility and tracks orders.

ELD compliance has had ‘significant impact’ on trucking industry

Economy on pace to reach Trump administration goal of 3 percent annual growth.

Leading SaaS-based TMS provider poised for accelerated growth.

Focused on intermodal haulage, the company aims to open the market to more small truckers.

Applications come from throughout the United States, Hong Kong and Guam.

The Class I railway says it will meet deadlines for installation of wireless communication system.

The aircraft manufacturer forecast that the region will require 240,000 pilots over the next 20 years.

Appointments take place from California to the Midwest to Florida.

It’s no surprise that truck drivers who travel during peak times face slower average speeds and that more flexible HOS regulations could not only speed those travel times, but also would not impact the miles drivers cover in a day, according to ATRI.

The digital platform is designed to match warehouse space and fulfillment services with small and medium-sized companies working to get online orders out fast.

China has toyed with the concept of bike-sharing but met with disastrous results due to an unsustainable business model and excessive dumping of bikes on the streets. The U.S. bike-sharing startups could take a leaf out of their book and improvise accordingly.

There’s mounting pushback among developing nations that China’s ambitious infrastructure project, the Belt and Road Initiative, is a debt trap. Countries using Chinese financing have seen public debt soar to unsustainable levels, and they’re increasingly worried about asset seizures.

John Henry, director of sales for ZED Connect, explained to FreightWaves how the evolution of the company is developing to deliver vehicle data solutions centered around what its parent company Cummins knows best – engines.

The core of the trade pact, which allows American companies to operate in Mexico and Canada without tariffs, remains the same.

Mexico will enact a law regulating truck drivers’ hours of service this week. It is the first law of its kind in Mexico, as driving time has never been managed on the federal level before.

Cashflow Corner presented by TriumphPay …Regular budget forecasting can help businesses better manage their cash flow and help identify potential revenue problems.

This campaign seeks to increase transparency in programmatic ad buying and support the ways the company’s brands earn consumer attention.

U.S. Xpress placed an automated robocall to a driver, seeking to recruit him to join their company. The result? A lawsuit in federal court.

Most barges in the early days began their use as sailing ships.

Drewry’s Philippe Salles says the role of supply chain finance platforms will be instrumental in the digital transformation of shipping.

The voyage is being withdrawn due to China’s National Day holiday.

CBP collected feedback on its joint Air Cargo Advance Screening program with the TSA.

Investment will be used for research and development, product innovation and hiring.

Cameron and Hacegaba named co-leaders; Born’s contract extended; and Doorley promoted.

The Florida port set a record for July as it moves forward with channel dredging project.

California Democrat fervently believes an efficient transportation infrastructure improves the economy and environment.

Index moves higher from June to July, but market is becoming better balanced.

US East Coast ports show ongoing growth due to shift to larger ships using the wider Panama Canal.

China is witnessing a lot of investment in the logistics facility space, as real-estate price surge and an ecommerce boom is heating up the market.

Peak shipping season is just starting and experts see no let up in freight demand.

The investment round values Uber at $72 billion, according to The Wall Street Journal.

President Donald Trump highlights new deal with Mexico involving automobile trade

What is the correlation between freight costs and the loss of property value in coastal communities?

A package of weak data on both housing starts and home purchases indicates that housing and construction remains one of the few areas of weakness in the economy in the 3rd quarter. This has put some downward pressure on freight demand, as the movement of building materials, furniture, and appliances is influenced by the strength of the housing market.

As schools are back in session this month, students across the country are stocking up on easy, cheap, dorm-friendly foods. Most notably, instant ramen noodles. They’re certainly a hot commodity this time of year—so hot, in fact, that thousands of dollars worth of ramen has gone missing outside of Atlanta. 

Transpacific container rates post gains; United States and Mexico try to reach an agreement on the automotive trade; what Amazon did last week; Lloyd’s of London rethinks marine insurance; Mexico City’s new airport has uncertain future; tanker market faces added pressure from US-China spat.

Joe DeLorenzo, director of the Office of Enforcement and Compliance for FMCSA, went through some of the common problems the agency is seeing since the ELD mandate went into effect, and there have been plenty.

Sponsored by LaunchIt Public Relations…Alan Amling, director of UPS’s Global On-Demand Manufacturing Initiative pursues the benefits of on-demand additive manufacturing.

Peak season, tariffs and discontinued services result in tight capacity and rising freight rates.

SONAR’s new index shows the cost difference for Asian exporters moving goods into East Coast or West Coast ports. When combined with trucking spot prices, the Panama spread helps explain recent shifts in trade flows.

Excluding one-offs, net profit increases 70.1 percent in tough environment.

Shippers weigh their options as they face a more challenging peak season.

Matson and Pasha resume full operations in the wake of Hurricane Lane.

Container throughput climbed another 7.9 percent from the previous monthly high set last year.

Emissions reduced while container volume reached an all-time high.

The grants will fund 408 infrastructure projects at 226 U.S. airports.

The Kansas City-based company provides refrigerated intermodal services across the United States.

A staid and technology-averse industry is in the process of changing thanks to new entrants.

Users that signup for a prepaid annual subscription to SONAR between now and the end of September 2018 will receive a LG 34” ultra wide curved monitor included.

Carriers and brokers have been talking about how slow August has been. Good news: According to our technical indicators, the market is about the turn back in their favor

FreightWaves is adding a team of analysts to map out the major sectors that drive demand in the freight economy

If there is just one word that can best sum up the official Listening Session on hours of service (HOS) that FMCSA held on Friday at the Great American Trucking Show, it would be flexibility.

How a New York Jets’ tackle came to invest in FreightWaves. Where’s Bezos? Top 5 places Amazon HQ2 will land according to SONAR. FMCSA to open debate on HOS regulation revisions. Intermodal trucking takes up fight against U.S. tariffs aimed at equipment. JP and Chad discuss all this and more on this week’s episode.

While technology startups have jumped into trucking with the latest and greatest solutions, the old guard, if you will, has not been sitting idly by. This week at the Great American Trucking Show in Dallas, C.H. Robinson is showing drivers its Navisphere apps and how they can help drivers and small fleets find freight success.

The Dry Van Weekly Barometer is predicting stronger contract pricing in coming months.  Even though it has pulled back from extreme highs, it continues to reflect one of the highest levels of demand in excess of capacity in the history of the barometer.

FreightWaves spoke to a few of the presenters offering solutions to get some tips on what drivers might be able to do to maintain a healthier lifestyle.

Presented by Trucker Tools…

Ports of LA and Long Beach have reduced emissions by replacing diesel-run equipments with zero-emission engines; oil prices rise over signs of U.S. sanctions on Iran; warehousing workers salaries have seen good increases over the last three years.

The switch to Hamburg on four transatlantic loops will shift roughly 500,000 TEUs annually, 9 percent of Bremerhaven’s throughput.

As capacity continues to shrink and demand continues to rise, the need for efficiency in every step of the supply chain is more important than ever. Get a bird’s eye view into your trailer with Spireon’s IntelliScan technology.

The latest round of talks between the U.S. and Mexico on a potential bilateral pact is set to continue this weekend.

Third-party logistics providers say they can help deal with truck and driver shortages.

The blockchain-backed digital documentation was used for a shipment of clothing from China to Slovenia.

Company owners charged with worker safety violations that contributed to the deaths of two employees.