News

Trax Technologies and Veraction managing more than $10 billion in logistics spend for over 300 customers.

The government is investing C$167 million in road and rail infrastructure projects to improve efficiency.

Ontario-headquartered firm focuses on fashion, footwear and action wear.

“Extraordinary visionary” grew business from one vessel to third-largest container shipping company in the world.

Jacques R. Saadé, founding president of the CMA CGM Group, passed away Sunday, June 24, 2018 at the age of 81.

Puthusseril testified that the Renewable Fuel Standard has succeeded because it allows fuel retailers to offer biofuel blends to consumers at a price that is less expensive than purely petroleum-based products.

Some fleets will now be able to use KeepTruckin ELDs to take advantage of the greater flexibility AOBRDs offer when it comes to driving mode and how much speed it takes to trigger it.

The Court declined to provide guidance on whether the ABC test as a means of determining whether workers are employees or independent contractors under some California wage and hour laws applies to pending cases or only those filed after the opinion was issued. What does it mean?

New bill introduced in the U.S. House asks for a slight reform in the HOS relaxation rules by extending the 150-mile exemption for ag and livestock haulers throughout the year.

The constant criticism by President Donald Trump of the United States Postal Service’s package delivery deal with Amazon is manifesting itself in other ways as the administration recommends restructuring the Postal Service, possibly into a privately held corporation.

At the Future of Transportation World Conference, Andreas Thellmann from Airbus explained the potential of air taxis being used in urban spaces to reduce congestion on the roads.

The Teamsters statement on the deal with UPS suggests Sunday deliveries are in the offing, and moving cargo from rail to the road.

Months after the start of hard enforcement, there are still some drivers who know little about their ELD.

The tentative “handshake” deal averts what could have been the largest labor strike in the United States in more than 20 years.

Traders on Wall Street apparently were unimpressed by FedEx’s earnings beat, selling the stock down 6.4 percent from Monday’s closing price.

Environmental study also will look at pros and cons of building a freight tunnel to connect New Jersey and Brooklyn.

About 20 companies will visit Ethiopia, Kenya, Côte D’Ivoire and Ghana next week as part of the President’s Advisory Council on Doing Business in Africa.

Freight Transport Association tells government: Give us the tools to keep Britain trading

Funding green-lighted for vehicle-processing center at Port of Nanaimo.

Freightliner cites environmental benefits of deal with Japanese carrier.

Railway tracking record C$3.4 billion capital program for 2018.

Most bills introduced now have little chance of passage, but this one may suggest something when reading between the lines.

A sweeping Office of Management and Budget report proposes converting the Postal Service into a privately held corporation and spinning off air traffic control functions from the FAA.

Roadrunner Transportation Systems (NYSE: RRTS) released its delayed 2017 10-K report this week.

At the Future of Transportation World Conference, ZapGo described its carbon ion battery solution that has the potential to charge an electric vehicle to full capacity in five minutes, while a Lithium ion battery takes hours to do the same.

This week, the Council of Supply Chain Management Professionals (CSCMP) published their 29th annual State of Logistics Report, which identified the trends that will impact the industry for the remainder of the year and well into the future.

The Supreme Court ruled in favor of allowing states to collect taxes on all sales made through online channels, helping large omnichannel retailers compete online for sales.

China wants to consolidate the Asia-North America container trade and drive supply chain efficiencies by operating a container terminal in Long Beach, but national security concerns may scuttle the COSCO-OOCL merger.

Truck tonnage rose for the second consecutive month in May, as improving economic conditions and gains in hiring have helped trucking performance.

A few thoughts in Today’s Pickup from a two-day visit to Washington.

Sweden has unveiled the world’s first road that can charge electric trucks while they move over it, by letting the vehicle connect with charging tracks embedded inside the road.

Cutbacks dating back to 2015, strong economic growth and problems in a lot of producing countries have brought the oil market to this point.

Sponsored by Reliance Partners…There are a lot of reasons why it’s hard for owner-operators to get the best deal possible on their truck insurance. Owner-operators are busy.

Study says physical infrastructure of container shipping is unlikely to change.

MSC blames a “challenging operating environment for business.”

Accelerating growth in both volumes and spending a signal that “U.S. economy is ignoring all of the angst coming out of Washington” about potential trade war.

The board approved $277.6 million in capital expenditures, the largest portion of which will go toward the Hugh K. Leatherman Terminal currently under construction.

Throughput at terminals operated by the Northwest Seaport Alliance slipped another 4.4 percent.

Georgia and South Carolina ports authorities say their goal is to improve the supply and condition of chassis.

President Trump’s pick for the Consumer Product Safety Commission tells the Senate Commerce Committee that the agency still thinks in terms of “brick-and-mortar retail.”

The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index ticked up 0.7 percent following a revised 2.7 percent increase the previous month.

Australia-based software company makes its eighth acquisition this year.

The American Line Pipe Producers Association is particularly pleased with Commerce’s “strong response” in its investigation of these imports from China and India.

Daugherty leading joint venture of APL and Fujitrans; Proulx heading operations for logistics provider; and Hendricks chairing board.

The song of 2018 remains the same—and tariffs or no tariffs, it projects to remain so even as infrastructure on the rails and ports expand.

Eastbound containers and westbound LNG drove record Panama Canal volumes in May. Last month was the third time the canal has broken tonnage records since the expansion was completed in 2016.

Ford Motor Co. and Volkswagen AG announced the signing of a Memorandum of Understanding (MOU) to potentially develop commercial vehicles as part of a strategic alliance.

Between 2008 and 2018 UPS will have invested more than $1 billion in alternative-fuel and advanced-technology vehicles and fueling stations.

Penske Logistics has reached agreement in principle to acquire Epes Transport Systems, of Greensboro, NC. The deal, expected to be finalized in the next few weeks, will add over 1,200 units to Penske Logistics.

Shrugging off any potential disruption due to trade war, FedEx Corp. executives were upbeat about the outlook for 2019 for both the general economy and FedEx’s operating units during its fiscal 2018 fourth-quarter and year-end earnings call on Tuesday.

Stifel resumed coverage of major 3PLs on Monday with a flurry of analyst notes: we report J. Bruce Chan’s key findings on XPO Logistics, CH Robinson, and Echo Global.

Eye on Safety sponsored by SmartDrive …Safe Driver Week targets behaviors that often lead to accidents and other problems between trucks and cars.

The deal is expected to close within three to six months.

International Maritime Organization called on to address safety and penalties.

The Memphis-based parcel giant reported a net income of $4.57 billion, up 52 percent year-over-year.

Carolina Dybeck Happe succeeds Jakob Stausholm, who resigned as chief financial officer of the Danish shipping conglomerate in March.

New warehouse campus will feature two buildings with more than 2.3 million square feet of space.

Japanese ocean carrier and its parent company are acquiring 50 percent stake in AKOFS Offshore AS.

The company announces plans to acquire up to nine ships and an initial public offering to raise up to $100 million.

Port authority promotes Shaun Stevenson to president and CEO.

Railway plans to invest C$210 million across the province as part of record C$3.4 billion capital program.

German-based tank container provider will bolster services to domestic Australian shippers of bulk liquid chemicals, wine, milk and liquefied gases.

Growing company promotes and hires.

The Ohio-based company was fined earlier this year.

As alternative energy continues to make headlines, companies are adding more electric vehicles their fleets. Both Ryder and UPS announced significant EV additions earlier this month.

The incumbents are still way ahead. While C.H. Robinson’s scale and reach remain unmatched, a number of competitors have realized strong growth and have achieved significant scale over the past ten years.

Digital trucking apps have a hard road to gaining traction, while the freight markets are not phased by tariff talks, yet.

Sweetbridge Alliance, the go-to-market network for a decentralized, liquid and transparent global supply chain powered by open-source blockchain protocols, recently became an industry association member of the Blockchain in Transport Alliance (BiTA).

Cashflow Corner presented by TriumphPay …For some owner-operators, Obamacare provided a path to insurance coverage. For others, the mandate was government overreach. This is starting to change, but what is not is the increasing costs of health care.

On June 18, XPO Logistics announced their partnership with Nestlé as the two plan to construct “a 638,000-square-foot distribution center at the new SEGRO East Midlands Gateway Logistics Park (SLPEMG) in Leicestershire, UK.”

Just weeks after opening an office in Singapore, the Blockchain in Transport Alliance (BiTA) has engaged with industry on the benefits and potential of blockchain technology. These discussions have led to NR Capital joining the Alliance.

The Chainalytics-Cowen Indices are indicating a slowing freight market in April, but how does that help us in mid-June?

Kangaruu creates a persistent, organized communication tool to manage logistics between shippers and brokers in the $45 billion spot market

The founder of an industry startup with lots of buzz tells an industry conference how it happened.

The port has been experiencing delays from the implementation of a new terminal operating system.

Under the strategic partnership, Google will invest $550 million in China’s second-largest e-commerce provider.

New York-based private equity firm enters agreement to acquire one of the world’s largest third-party air cargo ground handlers.

Despite losing ground for the second straight week on a sequential basis, container freight rates between Asia and the United States are on the rise compared with last year.

State of the industry report sees a “steep grade ahead” with carriers in control as transportation demand outstrips supply.

Prices of diesel fuel and regular gasoline have declined for the past three weeks but still are higher than a year ago.

The acquisition moves control of two Maryland facilities with a fleet of around 900 units.

The parcel carrier will build another five compressed natural gas fueling stations and add more than 700 new CNG vehicles to its national fleet.

Operations are expected to commence by 2020.

Port has new CCO; Cleveland company hires managers; and insurance group appoints board members.

Google invests $550 million in JD.com, the e-commerce major from China, marking its advent into the logistics world.

Turndowns and spot rates are surging out of Atlanta on strong container volumes from Savannah and Georgia onion harvests. Capacity is so tight nationwide that even small movements in demand are having outsize effects on tender rejections and prices.

Two former Roadrunner Transportation Systems executives were charged with multiple crimes related to accounting and securities fraud in a federal indictment unsealed Friday.

The free webinar will focus on how a driver and a fleet can prepare themselves for roadside inspections in a world governed by the ELD mandate.

Donald Broughton says that the oil boom and Trump tax cuts are driving a young industrial expansion cycle; shippers continue to adjust supply chains to minimize transport costs; Google invests $550M in Chinese e-commerce site JD.com; China may put a tariff on US oil imports; Brazil’s trucker strike shattered economic growth outlooks; Asia-North America container rates are softening.

Piecing together the details of what comes from seed to table has never really been done successfully before. If it could be, the implications for both public health, corporate transparency, and anti-counterfeiting efforts would be huge.

Audi CEO Rupert Stadler has been arrested in Germany today in connection to the auto major cheating the emissions test, now dubbed the “Dieselgate”.

Ex-controllers’ alleged scheme to falsify records cost more than $245 million in shareholder value.

Twenty-three railcars, five containing propane, went off the track near Princeton Sunday night.

Legislation sent to Senate to curb imports of opioids and synthetic analogues and give FDA more tools to stop illicit drug imports.

Alleging that Prime Inc. put female truck drivers in harm’s way, the U.S. Equal Employment Opportunity Commission (EEOC) filed suit this week against the carrier, alleging Prime did not take adequate steps to prevent sexual harassment of a female truck driver.

U.K. port says performance has improved significantly after “minor teething issues” with its new terminal operating system.

The U.K. facility, scheduled for completion in 2020, is touted as one of the most advanced distribution management centers in the world.

Year-over-year growth in domestic truckload rates accelerated to 9 percent during the month, the largest increase ever for the Cass Truckload Linehaul Index.

North American intermodal rates climbed another 9.1 percent in May, according to the latest Cass Intermodal Price Index.

Watkins leading talent acquisition; Monson heading software provider; Mitchell overseeing human resources; and Coda is taking helm.