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Tesla wants to build a huge China plant to avoid tariffs; dry bulk carriers find favorable rate environment as countries re-source commodities; Honeywell adds an executive to reconfigure its supply chains; container rates from China to the North America spike as maritime lines take advantage of trade war fears.
Cashflow Corner presented by TriumphPay …Weigh station bypass systems are an often-overlooked way for drivers to save both time and money.
International Longshoremen’s Association and employer group said Tuesday they have agreement on a six-year contract covering local issues in the Port of New York and New Jersey.
The Freightos Baltic Container Price Index shows the volatility of container prices out of China to the North American West Coast as importers try to adjust to a new era of global trade.
Hyliion has taken steps to help secure its pipeline of technology with the acquisition of Gentherm’s battery division and strategic partnerships with Toshiba and Dana Corp. as it seeks to further its hybrid-electric technology.
The court’s opinion in Dynamex v. Superior Court of Los Angeles County has a lot of trucking companies in panic mode, scrambling to figure out how the ruling will affect their business operations. The ruling could also have a profound impact on many tech companies like Uber, Lyft, Instacart, and others that provide on-demand services.
CEO says there are no current talks with CMA CGM; major shareholder Kühne does not want company to be taken over by French carrier.
Creating private data for separate nodes on a Fabric channel was kind of complicated and cumbersome, but now it’s easy, making meaningful collaboration between businesses a real possibility.
Circulated findings said United States violated several countervailing duty rules in levying CV duties on supercalendered paper from Canada.
California-based Ceka Nutrition didn’t declare merchandise from China and circumvented antidumping fees.
Drewry says carriers will experience “a lot more pain” this year.
“Imports from China and elsewhere are expected to continue to grow for the foreseeable future,” says National Retail Federation.
The branch has been managing the Alabama & Tennessee River and Fulton County tracks for several years.
The e-manifest process is expected to save state and industry users about $90 million a year.
China’s import duty rate on U.S. beef increased from 12 percent to 37 percent this past Friday.
Ports Authority embarks on the largest capex project in its history.
Filing companies located in California, Florida, New Jersey and Texas.
Individuals knowing of a reason why an applicant should not receive a license should contact the FMC’s Office of Transportation Intermediaries.
FMC reviews seven OTI license applications
South Korea-based Lotte Global Logistics announced that it has joined the Blockchain in Transport Alliance (BiTA).
John Kasich signed an executive order in May that will allow companies to test autonomous vehicles on all public roads in Ohio.
Intermodal is clearly benefiting from price comparisons between rails and trucks, but it’s mostly macroeconomics that fueled the Deutsche report.
As autonomous and smart connected vehicles gain centerstage, it is critical to understand the need for auto cybersecurity to help maintain sanity on the highways.
Chubb, the world’s largest publicly traded property and casualty insurer, recently became an industry association member of the Blockchain in Transport Alliance (BiTA).
The Heartland Express pay increase, what commenters said about young military drivers, and oil tankers are getting scrapped quickly.
Over the last couple of years, edge computing has emerged from relative obscurity to become one of the most talked about trends in internet infrastructure.
FreightWaves released an updated version of SONAR today that added thousands of new tickers to give market participants with better insights into the current state of the freight market.
The Cass Shipment Index (CFIS.USA) is showing freight market volumes that are nearly as strong as the 2006 peak season. This is a bullish sign for the second half of 2018.
The Environmental Protection Agency issued a loophole that will allow glider kit manufacturers to avoid certain Obama-era emissions regulations and, effectively, build as many trucks as they deem fit, according to the New York Times.
In fiscal 2017, Immigration and Customs Enforcement and U.S. Customs and Border Protection made over 32,000 seizures involving counterfeit goods totaling an estimated value of more than $1.2 billion.
The United States’ deficit in goods and services trade narrowed for the third straight month in May, falling to its lowest level in 18 months.
Ocean carriers transported just under 14.5 million TEUs for the month, a 1.3 percent increase from the same 2017 period.
Carriers are aggressively slashing services, despite the approaching peak season.
French carrier follows withdrawals by Maersk, MSC.
Florida congressman’s proposed legislation designed to boost understanding of the consumer protection services available.
Companies announce employees’ promotions.
Homeland Security and Treasury give their approval.
The investigation covers products of sodium gluconate, gluconic acid and derivatives between April 1 and Sept. 30, 2017.
Divestiture to “suitable, unrelated third party” part of OOCL acquisition plan.
The keynotes at Transparency18 included some of the top minds discussing the future of transportation. Check them out right here.
The rise of e-commerce has pressured warehouses to raise throughput in smaller spaces with fewer people, creating a business opportunity for tech firms promising to find efficiencies and increase productivity.
Most carriers are satisfied with their ELD providers, but they haven’t yet figured out how to turn compliance into a business advantage by operationalizing their data.
The details in the company statement are not precise, but the all-in number for some drivers could be as high as 67.5 cts per mile.
Major tech changes will hurt the for-hire trucking market within the next decade. Where are the drivers going? Look no further than the warehouse. JP and Chad do 5 GOOD Minutes with Craig and Ben from CDL Marketing on driver retention. LNG carries crack open the Northern Sea Route. The U.S. has borne the Jones Act long enough. JP and Chad discuss all this and more on this week’s episode.
On July 5, hours after attending the White House’s annual Fourth of July picnic, Scott Pruitt announced his resignation from his position as Administrator of the Environmental Protection Agency.
Job growth continued at an impressive pace in June, beating expectations for the second consecutive month. Trucking hires also made significant strides during the month, but increased competition from within transportation and other competing industries will remain a challenge going forward.
An OOIDA executive took to the airwaves a few days after its ELD exemption request was denied, and he had a few things to get off his chest.
Turndowns and trucks in market both deteriorated this week as shippers and carriers enjoyed their Independence Day holiday. US-China tariffs begin today; railroads worried about tariffs’ impact on carloads; air freight’s pilot shortage accelerating drone adoption; unemployment up slightly as US adds 213K jobs.
Dock411 says that 60% of truckers visit a new location each day and 70% have lost time because of unfamiliarity with a location. But that is only half the story. Once at a facility, many locations do not have amenities such as bathrooms for drivers.
Cosco selling shares in parent company of OOCL in order to keep listing on Hong Kong Stock Exchange.
The Shanghai Containerized Freight Index estimates spot rates are down 8 percent from this time last year.
Court of Appeals upholds cargo suit dismissal in case of damaged plywood shipped from Malaysia and Indonesia to New Jersey in 2013.
Both companies have promoted autonomous ships.
The U.S. Transportation Department has initiated a pilot program to allow 18- to 20-year-olds who hold the military equivalent of a commercial driver’s license to operate big rigs across state […]
The Kolkata has nearly 211 tonnes of heavy fuel oil in her tanks and is carrying nearly 200 tonnes of other oil.
The first of grounded fleet of Boeing 747s has received clearance to return to flight operations.
Firms added another 15,400 jobs in June.
Company seeks to add finished products and foreign status materials and components to the scope of authority.
Fleets ordered 41,800 new trucks in the month of June, making last month the busiest June on record. OEM stock prices rose on the news, and their order backlogs continued to lengthen.
A $200 million injection of new capital at Celadon is withdrawn because of a DOJ investigation, but the operating numbers are looking up.
There are trucks involved in the deal, but what Covenant really sought is the logistics capabilities of Landair.
Survey data in both the manufacturing and service sectors continued to point to strong economic growth at the end of the 2nd quarter. Details in the survey responses continue to suggest that high transportation costs, labor shortages, and tariff uncertainty remain significant issues in the economy.
With the second quarter of 2018 coming to an end this past Saturday, we saw tender rejections spike to their highest level since January at almost 27%. Major markets like […]
The end of the second quarter was explosive in terms of freight market activity. Rates expanded as carriers refused loads. July typically sees volumes fall a bit in relation to June. There is no reason to think it will be indicative of any long run contractions in rates.
Even before a round of U.S. tariffs levied on China comes into force Friday, there are signs that global trade is already cooling.
Home delivery of items that require someone to be home to accept the package is one of the most frustrating parts of the online experience for many. Package.AI believes involving the consumer sooner in the process can improve that process.
Dip Shipping president and sales manager were arrested Tuesday for allegedly raising forwarding service prices charged to U.S. customers.
While the nation’s unemployment rate has been declining, truck driver turnover has been on the rise.
Taiwan carrier to charter five 11,000-TEU and five 12,000-TEU ships starting in 2020.
The Canadian government is investing C$7.5 million in transportation infrastructure at the Great Lakes port.
Global demand for air cargo grew 4.2 percent for the month following a revised 5.2 percent uptick in April.
The $494.2 million budget includes $34.7 million for capital projects.
AAR senior VP: “For now, things are looking good for the railroads and the economy despite the many threats, such as a potential trade war, that could bring change quickly.”
Board chair, directors, managers and chief wharfinger named.
The digital freight forwarder added Thailand and Malaysia as import countries to its online platform.
The Agricultural Marketing Service clarifies “that honey packers must include conspicuous and indelible labeling.”
USTR undergoing annual check for unilateral U.S. trade preference program for countries in sub-Saharan Africa.
Loops will be reduced from five to four at the end of July.
FTR Transportation Intelligence says operators are ordering new vehicles in such large volumes that production can’t keep up due to a lack of available components.
Drewry warns worst-case scenario is that nearly 1 percent of world loaded traffic could be lost.
The OOIDA request would have exempted companies meeting the definition of a small business along with various safety standards.
RIM logistics, a leading provider of global freight forwarding and third-party logistics services, announced it has joined BiTA
A rule last year by DOT on testing trucking applicants for drugs specifically left hair testing out, but the HHS needs guidelines if the push is to proceed.
FloraHolland is the world’s largest flower market, creating liquidity for flower growers all over the world.
A USDOT 3-year pilot program would allow drivers under the age of 21 and holding a military CDL to drive interstate commerce when sponsored by a participating trucking company.
VOLT Technology, a post-ICO startup using the power of blockchain to provide companies, individuals and couriers a decentralized platform that manages point-to-point (P2P) deliveries, has joined BiTA.
UPS remains silent on the agreed-upon contract, but its union makes it look all but certain that Sunday delivery is coming.
CVTA has recently received approval to be listed as a National Standard Registered Apprenticeship Program for professional truck drivers, allowing CVTA member carriers to compete for discretionary apprenticeship grants.
For many drivers, health tends to take a back seat—yet the job remains a dangerous combination of days that can be both sedentary and stressful. FreightWaves had a chance to speak with Hazen Mirts, CEO of Enrollment First, and Stephen Kane, President of Rolling Strong to hear about how the two companies are coming together to better the driver experience.
President Trump’s global trade war is posing a growing risk to the kind of robust job gains that the U.S. probably enjoyed again in June.
New icebreaking LNG carriers are sailing directly from Russia to China through the Northern Sea Route, creating a faster, cheaper connection between some of the world’s largest gas fields and the world’s largest gas consumers.
Cashflow Corner presented by TriumphPay …Drivers can potentially benefit from added flexibility by utilizing the current split sleeper provision allowed under hours-of-service laws.
On June 2, 1973, the containership C.V. Sea Witch collided with the tanker Esso Brussels, sparking a catastrophic fire.
American Automotive Policy Council warns increase in tariffs “will undermine the enormous economic contributions the U.S. auto sector makes.”
Deepening and widening of channels will allow for two-way traffic of ultra-large containerships.
British International Freight Association says only shipping lines could receive payouts for port disruptions.
Logistyx is enhancing its parcel shipping SaaS solution through the acquisition of Transparix.
Matson will deploy the 3,600-TEU Daniel K. Inouye in the Hawaii trade.
The Athens-based containership lessor saw earnings fall 18.7 percent year-over-year in the first quarter despite rising revenues.
