News

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.

The Danish ocean carrier in early July will commence a dedicated container service connecting ports in Italy, France and Spain with Montreal and Halifax.

Commissioner Kevin McAleenan said officials are looking to balance trade enforcement and trade facilitation by incentivizing private-sector partnerships.

The National Customs Brokers & Forwarders Association of America board chairman congratulates CBP for finishing the Automated Commercial Environment core.

Congressman Shuster says the legislation will help “prevent future project backlogs.”

Carriers can using emerging technologies to cut costs, find new revenue streams.

Short line railroads across the United States offer affordable and flexible options for shippers, yet they are still struggling to overcome track quality, technology and reliability.

Chamber of Marine Commerce president outlines Canadian government’s plans to modernize pilotage rules.

Nearly one-third of the U.S. Senate sign a letter in a drive for greater flexibility within rules for commercial vehicle drivers.

Bailey and Brittin leading Transportation Institute at the University of Denver; Gonçalves joining Institute of International Container Lessors; and O’Brien and Bordelon serving Shipbuilders Council.

A.P. Moller-Maersk subsidiary signs 10-year agreement for warehouse complex in Santa Fe Springs.

Bipartisan-proposed law would require a share of LNG and crude oil exports to be carried on U.S.-built ships registered in the United States.

FMCSA chief touts military program as a possible model for bringing in younger drivers.

If there was one obvious theme of the second demo period at FreightWaves’ Transparency18 event on Tuesday, it was blockchain. Six of the nine presenters in the session demonstrated solutions that involved blockchain technology.

The first round of technology demonstrations at Transparency18 shared a common theme of integrated disparate systems, data formats, and devices. It’s clear that the action in freight tech has shifted to aggregating and analyzing data, not simply generating it.

FreightWaves announced the launch of Sonar, its SaaS platform for freight market data. Michael Vincent, EVP of FreightWaves, demonstrated the product at Transparency18 in Atlanta.

Startups and incumbents at the demos today are building transparency into their products. Historically freight has been very opaque. The change is emerging here and now.

Truckonomics is an organization looking to improve the lives of drivers, by providing them a gateway for financial security with a passive income after they retire.

HCL Technologies, a leading global technology company, today announced it has joined the BiTA.

Unemployment rate across the U.S. has fallen below 4% and is creating problems for recruiting and retaining skilled labor in the logistics industry.

Cashflow Corner presented by TriumphPay …If you’ve fueled up your truck recently, you know that the cost is climbing. Fortunately, there are some driver behaviors that can be changed to minimize fuel usage.

Panalpina has joined the Blockchain in Transport Alliance (BiTA), a forum of leading tech and transportation companies for the development and implementation of blockchain standards in the freight industry.

Less than one week after announcing it was selling many of its business entities to TruckThat, One20 has said it will cease supporting its electronic logging device (ELD) as of June 18, 2018.

Obtaining data that is both clean and usable remains a challenge for the industry, one that blockchain is promising to solve.

We may not have seen full-scale industrialization with blockchain applications just yet, but we’re not in the early days anymore. Big change is coming.

No additional activities, but the groups will be pulled into one division.

Agency will decide later this week whether to allow revision, seek more information or block changes.

As blockchain technology works its way into the transportation ecosystem, there is remains plenty to learn about its potential, but its success will depend on multiple parties working together.

The deep-draft multipurpose port expects a boost in business from the petrochemical boom.

Implementing new technologies can be costly but could boost efficiency and relieve wharf congestion.

Growth in domestic truckload rates accelerated to 8.2 percent compared to April 2017, according to the latest Cass Truckload Linehaul Index.

North American intermodal rates in April climbed another 6.6 percent, the 19th consecutive monthly year-over-year increase.

Jumbo employees mourn loss of 95-year-old founder Hans Kahn.

Lifshatz is appointed CFO; Thrasher and Pay get new roles.

Evidence shows products from Vietnam are made from substrate originating in China and circumventing U.S. antidumping and countervailing duties.

The software engineering team, a lab and product demo area will be housed in the Dublin facility.

Within the next decade, 77 percent of ports are planning on-dock, near-dock or rail-access projects.

Smart contracts will lower the labor costs—and thus the price—of receivables factoring, but don’t expect same-day payments because the technology won’t change fundamental capital requirements, says Triumph’s Jordan Graft.

The top managers in the space are acknowledging that cryptos are a thing, but just how much of your net wealth should you put into them?

BiTA announced it would be forming Think Tanks to help identify industry pain points that blockchain could help solve. The Alliance also said the first BiTA Standards should be out before the end of 2018.

The new Blockchain in Supply Chain Alliance (BiSCA) is designed to meet the needs of supply chain participants looking for education and guidance on the development of blockchain standards.

Intelligent Audit will demonstrate Intellichain, an end-to-end payment verification and processing blockchain for the transportation and logistics industries on Tuesday at Transparency18.

In the wake of the House Appropriations Committee allocating just $250 million for port projects, the AAPA is demanding additional funding from the government, to keep up with the spike in growth of multimodal freight.

Russia has built Europe’s longest bridge connecting Crimea with the Russian mainland, with the bridge expected to boost the economy of Crimea by 2-3% and bring down the price of goods by 15%.

More than 1,000 automobiles reportedly ablaze at Port of Incheon.

Shipper files complaint with FMC against China Shipping in demurrage and detention dispute it lost in arbitration.

The deal to “bring together two global leaders in rail equipment, services and software” is valued at about $11.1 billion.

Performance may decrease significantly before operations cease; meanwhile, GeoSpace Labs is offering incentives for abandoned customers.

The Shanghai Containerized Freight Index fell 3.2 percent last week, while Drewry’s World Container Index slipped 1.1 percent from a week prior.

Throughput at terminals operated by the Northwest Seaport Alliance slipped another 1.1 percent for the month following a 9.6 percent year-over-year decrease in March.

Germany’s largest port saw a 18.2 percent year-over-year decline in bulk cargo volumes.

The Scottish port’s resurfacing development project at the container terminal will be finished later this year.

Andy Janson is named COO and successor to President F. Brooks Royster.

International Longshoremen’s Association claims non-union operations have eroded working conditions at terminals in and around Philadelphia.

Scroll Network announced its affiliation with the Blockchain in Transport Alliance (BiTA).

Blockchain systems, to have an impact, will need to speak to each other. Standards are needed to make that happen.

China and the United States issued a joint-statement regarding trade consultations and a desire to support bilateral trade between the countries.

Commentary: The term shortage is popular among industry commentators- but like other markets, a shortage is a function of the lack of a resource at a specific price.

The partnership with Ocada gives the supermarket giant a pathway to create its own delivery network as the grocery store wars escalate.

Capacity is tightening in portions of the Missouri valley as warmer temperatures have agriculture shipment volumes and the need for reefers increasing. This could be a sign of the overall market heating up again.

The question the jury needed to answer was whether the driver’s speed in wintry conditions was excessive.

Amazon has been in talks with major hospitals across the U.S. to look into the possibilities of venturing into the healthcare supply chain.

The trucking industry has a significant relationship with shale. Can shale in the U.S. remain successful if it doesn’t throw off cash?

Target’s Restock program is a direct competitor to Amazon Prime Pantry, and now the retailer is rolling out the program nationally with free shipping and next-day delivery for all Redcard purchases.

As the trucking industry continues to broadly install and learn to use the ELDs, there are beginning to be large disparities in the way the devices are impacting capacity via mode.

For some customers in the Cincinnati area, their packages are now being dropped on their doorsteps – literally.

Intermodal prices generally take their cues from the truck market, so this is a lagging indicator.

E-commerce sales shrugged off a weak quarter for retail overall, and the resilience of online shopping should continue to drive innovation in transportation and freight markets as businesses look to take advantage.

To meet the new requirement through Truckers Against Trafficking’s online course, drivers will need to watch a 26-minute video, then complete a 15-question quiz.

Maritime analyst says in a capital-intensive sector, higher percentages will weigh heavily on debt-laden companies.

The International Maritime Organization aims to reduce ship emissions by 2020 and 2050, causing shipping companies to weigh antipollution technologies.

The South Korean ocean carrier posted a net loss of U.S. $162.3 million for the first quarter but is still investing in newbuilds and a container terminal.

Saltchuk has appointed Tim Nolan president and CEO of TOTE, succeeding Anthony Chiarello, who will depart the domestic ocean carrier on July 16.

Randall E. Curran and Welsh, Carson, Anderson & Stowe initially will focus on U.S.-based contract logistics and transportation management firms.

Loaded export container traffic drove the 3.8 percent year-over-year increase in overall container volumes.

A Kansas City Southern exec says the energy sector needs to be included in the trade deal because the U.S. could eliminate almost half its deficit with Mexico by exporting […]