IATA: Air cargo growth rebounds in April
Global demand for air freight climbed 4.1 percent for the month after a 1.7 percent uptick in March.
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Global demand for air freight climbed 4.1 percent for the month after a 1.7 percent uptick in March.
Kansas City Southern chief is tapped to serve on the board of directors.
The 26 rubber-tired gantry cranes carry a price tag of $46.4 million.
Schwichtenberg named safety chief; Malin will head operations.
The Commerce Department has laid the groundwork for the assessment of countervailing duties on U.S. imports of certain plastic decorative ribbon from China.
The Commerce Department has finalized antidumping duty amounts for imports of citric acid and certain citrate salts from Belgium, Colombia and Thailand.
Introduced in New York/New Jersey, the product offering will be expanded to Los Angeles/Long Beach in June.
Turns out, of blockchain’s many potential (and developing) applications, few could be as game-changing as what it would mean for the food industry.
It’s a four-year deal for the Teamsters, ending a walkout that didn’t even last 24 hours.
Brazilian President Temer ended Petrobras’ practice of subsidizing diesel prices, which has sent fuel costs for independent truck drivers spiraling. The owner-ops went on strike 11 days ago, blocking the country’s highways and shutting down many sectors of the economy.
Canadian Pacific conductors and engineers walk off; Brazilian truckers continue their highway shutdown; CMA CGM and Zim blame losses on fuel prices; Savannah hits record TEU volumes in April; Goldman Sachs says the oil rally isn’t over yet.
Shippo has launched a new workflow feature that help customers optimize their operations and thereby reduce time spent on deciding their shipping options.
The US trade deficit in goods narrowed for the second consecutive month, but a decline in both exports and imports means less transportation to and from ports
Full operations are expected to resume Thursday at 0600 local time across Canada after conductors and locomotive engineers went on strike Tuesday night.
European Shippers Council polls members about benefits of shipping consortia.
A magnesium fire in an automotive parts supplier caused F-150 production shutdowns in Dearborn, MI, and Kansas City, MO, earlier this month. The sudden drop-off in demand for freight in those two markets is reflected in our turndown indices.
Shippers express concern about the effects a strike by Canada’s second-largest Class I railway may have.
Three whistle-blowers will receive about $4.4 million as part of the False Claims Act.
Some shipments may be affected as officials investigate the Wednesday morning explosion in Lexington.
The Florida-based TMS provider is the Australian company’s seventh acquisition so far this year.
The annual growth rate of 2.2 percent in the first quarter of 2018 is down from 2.3 percent in its initial projection and 2.9 percent the previous quarter.
Bud Wright says the time is right to step down as executive director of the American Association of State Highway and Transportation Officials.
One union agrees while the other walks, as CP is hit by a strike again. The government signaled it may not step in to end the walkout.
Consortium seeks to advance technology and its transportation and logistics applications.
The rejection was of the final offer, not an agreement reached with CP’s unions. About 98% of the voters voted no.
Global Shippers Forum complains about “conference-style pricing methods to impose surcharges” on customers.
One union agrees while the other walks, as CP is hit by a strike again.
The rejection was of the final offer, not an agreement reached with CP’s unions. About 98% of the voters voted no.
Everyone sees the market as strong and staying that way, but are there other headwinds in the trucking sector?
According to SONAR data, the real-time national average for diesel truck stop actual price per gallon has risen to $3.15.
Drivers find productivity gains after ELD hard enforcement; Canadian Pacific workers’ strike imminent; Brazilian truckers extract over $2B in govt concessions; Maersk rolls out blockchain-based maritime insurance; WaPo interviews truck drivers on the lifestyle.
Tranzlogix, a technology solutions company for the transport industry, has joined BiTA.
Drivers are changing their behavior to maximize their hours on the road, according to FreightWaves’ proprietary SONAR platform
The U.S. government is looking to levy 25% added tariffs on auto exports, which could set off a spate of trade wars with countries like Germany, Japan, and South Korea.
FreightWaves continues to mint it’s position as the most trafficked and visited site in all of freight and logistics, worldwide.
The Class I railway said the work stoppage is scheduled to start at 2200 Eastern time Tuesday.
After both lost ground the previous week, one measure of spot rates ticked up 1.4 percent sequentially last week, while another slipped 1.1 percent.
Cashflow Corner presented by TriumphPay …If your ELD provider suddenly shuts down service and goes out of business, do you know what to do?
The move is designed to enable further collaboration in the transformation of China’s logistics industry.
The acquisition of Shipping and Airfreight Services is part of a long-term strategy to expand coverage around the globe.
U.S. exporters risk downplaying the Commerce Department’s Unverified List in their compliance checks.
The deal will include the consolidation of vessel fleets, staff and the global network of customers and offices.
UPS names former Xerox exec as marketing chief; Railinc promotes IT leader.
The Chinese logistics company says “Strolling Dragon” is equipped with cutting-edge artificial intelligence and superhuman vision.
New IMO regulations asking for the shipping industry to cap the sulfur content in its fuel to 0.5% would have far reaching consequences on crude oil refining and potentially send oil prices to $90 per barrel.
What does it mean to be a technology company today, and how do you anticipate changes and prepare to scale?
A panel at a recent investors’ conference talked about many topics, and the market for drivers seemed to make its way into every topic.
Imagine the worst boss you’ve ever had looking over your shoulder all day and telling you what to do, and then once 14 hours have elapsed since you drove to work, you have to drop everything, stop work and take a 10-hour break regardless of the time of day.
The rejection was of the final offer, not an agreement reached with CP’s unions. About 98% of the voters voted no.
There are technology solutions out there for the smaller carriers, but they may be expensive or not designed for the littler guys.
Drivewyze PreClear weigh station bypass service is now offered at a total of seven sites in the Gem State.
The telematics revolution is creating a vast data lake, but now the industry has to figure out how to navigate it.
The current capacity crunch has been a significant issue in the trucking industry since last year. Many things will need to change in order to resolve the squeeze, but discussions throughout Transparency18 highlighted technology’s role.
Teamsters say negotiations will resume immediately in an attempt to avoid a strike.
Investors are flocking to the freight industry with million-dollar investments for startups, but what do those investors look for in companies before making an investment?
After it gets answers to questions, the agency will have another 45 days to review proposed revisions.
Meanwhile, conductors, engineers and signal maintainers at Canadian Pacific had until noon Friday to vote on the railway’s offers.
Most Kingpin Act designations during the Trump administration have been associated with Mexican drug cartels, according to a Treasury official who testified to a House Foreign Affairs subcommittee on Wednesday.
Maersk contributed to the development of Insurwave as a pilot client and is continuing on the platform with its marine hull portfolio.
The project will promote streamlined customs processes and sound implementation of the WTO Trade Facilitation Agreement.
The Port Authority reports 551,117 TEUs were handled during April, the fourth consecutive monthly high.
The agencies will accept comments on the export control reform-related proposed rules to move several firearms and related items from the U.S. Munitions List to the Commerce Control List through […]
The Commerce Department has finalized its determinations for fine denier polyester staple fiber imports from China, India, South Korea and Taiwan.
An analyst summarizes a talk on digital brokerage, a truckers’ strike in Iran, and the prospects for ELD legislation.
The hard reality is that very little is getting passed in this Congress, and ELD-related legislation would need to break that pattern late in the game.
From parking to accident prediction, the vision is that the controversial machines are throwing off data that can be used by truckers in other applications.
Carriers announce charges because of rapid rise in fuel costs.
ShipChain, a startup hoping to integrate global shipping logistics on the blockchain, has been hit with a cease-and-desist order from the Securities Division of the South Carolina Attorney General’s Office. The order regards the $30M presale of the company’s token, SHIP, which ended in January 2018.
The proposed legislation would radically change the HOS rule for the livestock industry, which describes its problems as unique.
The General Data Protection Regulation (GDPR) is a data privacy law coming into force in Europe, that addresses the export of personal data outside the EU and EEA – putting businesses that process personal data of EU citizens in a sticky situation.
Parcel giant UPS announced plans to increase fees for overweight shipments as the company continues to try and discourage shippers from dumping their large items into UPS’ network designed from small packages.
On Tuesday, 35 companies gathered at Transparency18 to show off their tech-oriented products. These five were voted “Best in Show” by the event attendees.
On Tuesday, 35 companies gathered at Transparency18 to show off their tech-oriented products and demonstrate how this technology will move the transportation industry into the future. However, there was a catch—each company only had 7 minutes to demo their product.
The logistics sector faces immense pressure—to be better, faster, and less expensive. A significant amount of pressure has been applied to nearly all industries by disruptive conglomerate Amazon, which has single-handedly changed expectations of consumers everywhere.
Don Tapscott offered a bold, near-utopian vision of the transformation that blockchain will bring to the global economy and the nature of the corporation itself.
A panel of financial experts were mixed when asked whether the industry would see higher spot rates one year from now, but continued capacity issues was not in debate.
The curtains are coming down on the U.S.-China trade war, but all might not be well for the U.S., as the U.S. IP predation by Chinese companies seem to continue unabated.
Norfolk Southern (NYSE: NSC) today announced it has joined the Blockchain in Transport Alliance.
Sponsored by Reliance Partners…Depending on the limit and deductible you choose, your trailer interchange coverage should add between $100 and $1500 a year to your overall insurance cost.
The ELD mandate hasn’t created a capacity squeeze but there are other signs of how it has changed driver behavior.
Everything has a supply chain if you think about it. How we make, design, and deliver is changing.
Booming automobile manufacturing sector and new free trade deals are likely to spur future gains.
The Israeli ocean carrier managed to increase its revenues and volumes during the quarter from a year prior despite a larger net loss.
The portal gives cargo owners, freight haulers a single window into operations at four container terminals.
The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index ticked up 2.2 percent following two consecutive sequential losses.
Terminals at the Port of Savannah handled 356,700 TEUs in April, a year-over-year increase of 7.1 percent and a record for the month.
The fast-growing containership owner and operator has purchased three 2,500-TEU vessels for a total consideration of $33.8 million.
Crowley promotes attorney; new VP driving Xeneta sales in North America
California warehouse opening comes ahead of launch of eShop
The Bristol facility is the logistics provider’s largest to date at 150,000 square feet.
Seaborne refrigerated trade grows as perishable shippers raise demand for temperature-controlled containers.
Commercial vehicles get used a lot more than personal vehicles, and that will impact the pace of EV adoption.
In times of mass disruption, it is often only after industry emerges out the other side that it realizes it’s been disrupted.
ATA’s Truck Tonnage Index has risen by 2.2% this month after a minor dip in March, and is 9.5% higher year-on-year, indicating a surging freight market.
Vnomics is changing the way fleets look at fuel efficiency by leveraging connected sensors, machine learning, and data modeling to automatically deliver actionable and meaningful insights on fuel efficiency.
Demo day session 3 are digital companies providing real solutions in the logistics space.
Eye on Safety sponsored by SmartDrive …Using video to identify risky behaviors by drivers, but also complimenting them for a job well done.
The final session of Demo Day on Tuesday at FreightWaves’ Transparency18 conference did not disappoint, building on the success of the first three sessions and closing out the day, which ended with a BBQ sponsored by Triumph and a performance from the Emerald City band for attendees.
The move comes amid reports that President Donald Trump has offered to lift restrictions on the Chinese telecom giant in exchange for trade concessions from Beijing.