News

The Port of Los Angeles handled 705,536 TEUs in April, a drop of 1.3 percent compared to last April’s record of 714,755 TEUs.

Drivers are required to reconstruct hours of service on paper if their electronic logging devices stop working.

The four-day program, announced during a Rise of the Rest seed fund stop in Chattanooga on Thursday, is free to company founders “building revolutionary businesses across the supply chain and […]

The number of cars handled during Q1 increased 20 percent, largely driven by growth at the Volvo Cars production facilities.

Suddath Global Logistics (SGL), a division of The Suddath Companies, joined the Blockchain in Transport Alliance (BiTA).

According to at least one analyst, Tesla may be putting its ambitious Semi project on hold as it tries to solve its many other issues, including Model 3 production.

Brokerage firms struggle with finding carriers for loads and real visibility in the industry is still a concern. Trucker Tools is providing a solution to this predicament through its Smart Capacity feature.

Transparency18 has an action-packed schedule full of innovative technology demonstrations, keynotes from charismatic thought leaders, and panels of the top experts in finance, technology, and transportation.

Eye on Safety sponsored by SmartDrive …Recent legislation has bipartisan backing, but can it progress in this Congress?

A truck driver probably isn’t going to choose which company to drive for based on a fuel card, but the cards are becoming a more important tool than ever before as part of the experience that more fleets are selling to attract and retain drivers.

Continuing its commitment to leveraging emerging technologies, the Florida East Coast Railway has joined the Blockchain in Transport Alliance (BiTA).

On the earnings calls, lots of talk about driver shortages but no suggestion that companies see it as hindering their growth.

Sponsored by Reliance Partners…Two very different approaches could give some breathing room to the tightening CDL driver shortage.

The New York City Economic Development Corporation has invested more than $115 million to reactivate the terminal as a shipping hub.

The U.S. Justice Department is stepping up its efforts to penalize companies that engage in bribery with foreign government officials.

The first-of-its-kind notification filed under the World Trade Organization’s Committee on Agriculture claims India “substantially underreported” its market price support.

The company continues to focus on organic growth and expanding its footprint in the refrigerated market.

The global logistics company thrived from a lower effective tax rate and higher ocean and airfreight volumes.

A contract is extended, a chairman is elected and industry leaders are promoted in Europe, Asia and the United States.

The Virginia Port Authority plans to launch the Navis N4 terminal operating system this weekend at Virginia International Gateway, which also will see new container stacks coming online this month […]

The transportation management system provider has integrated real-time messaging and notification to its TMS as a replacement for inefficient emails.

ClipperMaritime says carriers need to be careful how they cascade larger containerships into new trade lanes.

The union’s negotiating committee tosses three members, with the issue of 7-day delivery at the heart of the dispute.

On Tuesday, German logistics and postal provider DHL posted disappointing earnings for the 1st quarter of 2018, with headwinds from currency and the sale of one of its supply chain subsidiaries leading to a decline in revenue to 14.75 billion euros

The intensifying shortage of drivers is the result of several key issues relating to supply, demand, and new regulations—and is expected to have a significant impact on oil supply.

TransCard is a SaaS-based funds disbursement and management platform that has introduced a new incentive payout platform, which allows 3PLs, drivers, and carriers to pay their representatives instantly when they achieve their incentive goals.

The cost of acquiring transportation stayed below new revenues in serving customers.

Data on producer prices shows that overall inflation pressure cooled in the economy last month, as big declines in food prices offset gain in other areas of the economy.  Trucking prices remained essentially unchanged for the second consecutive month, but remain elevated relative to this point last year.

Today, CJ Logistics announced it has joined BiTA, an alliance of companies in the freight space dedicated to developing global, open-source standards for the use of blockchain technology in the supply chain.

Seeva Technologies believes its targeted washer system will play an important role in the development of advanced vehicle safety technologies by keeping cameras, radar and windshields free of debris.

The U.S. Treasury said it would revoke authorization for aviation exports to Iran within 90 days, all but prohibiting big orders Iran placed for Boeing Co. and Airbus SE jets.

The earnings show a significant shift in salaries vs purchased transportation expenses.

American Shipper’s latest webinar, “Supply Chain Reaction: The Real Impact of Visibility,” lays out how BASF teamed up with MacroPoint to develop a web-based system to track shipments.

After the race to consolidate, the world’s container shipping industry must resist injecting too much new capacity into an already volatile market.

Union says crew cuts and long hours worked are threatening safety.

The mail and logistics company’s revenues for the quarter were driven down by negative currency effects and the sale of Williams Lea Tag.

Navios companies also appear to be pursuing a similar strategy.

The Class I railway reported a net income of $1.1 billion on revenues of $5.6 billion.

The company has the largest pool in the region with more than 18,000 chassis.

Passenger and freight coming to a hub near you—sooner than you may think.

The Mother’s Day demand for reefer trucks full of flowers has stressed an already tight capacity segment that is hauling record fruit and vegetable tonnage. The result? An unprecedented spike in reefer spot rates.

Job openings pushed to a fresh record high at the end of the 1st quarter, indicating that labor market conditions remain healthy in the overall economy. The openings rate in the transportation sector continues to outpace the rest of the economy, and the pace of hiring provides further evidence that the industry is struggling to find workers.

OmniTRAX, Inc., one of the largest privately held transportation service companies in North America and an affiliate of The Broe Group. has joined BiTA.

Signs of movement over to rails, OOIDA sounds off on younger drivers, U2 puts its money into trucking.

Companies may tell you they are innovative, but a lot of the time standard procedures and internal structure inhibits the creative process limiting a company’s ability to progress. Kenco has found success by dedicating themselves to the cause.

Volvo Cars and Volvo Trucks are working together in sharing real-time traffic related data between their vehicles to improve safety of its drivers on the road.

In the past, the same customer might have dealt with two segments of the same company, with no coordination.

Cashflow Corner presented by TriumphPay …For truck owners, it’s become more important than ever to ensure you know where your truck is, because if you don’t, it’s going to cost you.

A delegation in Beijing last week worked on “improving China’s protection of intellectual property and identifying policies that unfairly enforce technology transfers.”

While traditional big city freight hubs grapple with congestion, a new crop of rural inland ports is springing up as shippers look for efficiencies.

North American intermodal volumes grew 7.2 percent for the quarter thanks to a strong economy, higher fuel prices and an ever-tightening truck market.

The asset-based truckload carrier intends to list its Class A common stock on The New York Stock Exchange under the symbol USX.

The acquisition increases the domestic freight forwarder’s presence in the U.S. mainland-to-Alaska market.

Transit touted as faster than ocean and cheaper than air.

The global logistics provider reported revenues rose 16 percent year-over-year.

The 104-year-old waterway also is increasing the maximum beam for vessels transiting the locks.

Safety, project controls and workforce and business development are the focus of new roles.

Prime minister seeks ways to lower logistics costs and says Lach Huyen holds the key.

FedEx, UPS, XPO and Amazon are among the companies calling for an increase in the national standard; on the other side of the road is the Truckload Carriers Association.

The collapse of Venezuelan oil production and fears of renewed sanctions on Iran are driving oil prices to 2014 levels, but what does that mean for the American economy and the trucking sector?

Trucking employment drops 5,500 in April, railroad jobs drop 800; Nestle pays Starbucks $7B+ to sell its products worldwide; Romaine lettuce E. coli still a mystery; China steps up quarantines of US food imports.

Trucking’s persistent parking problem is only getting worse. What’s being done to help solve the issue?

Walmart is in talks to buy 75% of Flipkart, the largest Indian e-commerce company for $15 billion, which is set to be a game changer in the Indian e-commerce ecosystem.

The shale oil revolution has increased the intensity of fracking activity, and coordinating the delivery of sand, chemicals, and equipment to sites has become more complex. PropDispatch is a digital solution.

Brokers continue to see more business and higher revenue, according to the latest data compiled by DAT.

After setting one record high after another in the early weeks of 2018, the weekly DAT Dry Van and Reefer Barometers have finally pulled back slightly, before stabilizing in a strong growth range.

FMC commissioner addresses changing container-shipping landscape and ongoing investigations.

After moving in different directions the previous week, both the SCFI and Drewry WCI gained ground last week.

Customs commissioner tells NCBFAA a lot of work remains to be done.

Multiple accidents have put automated cars and trucks in the hot seat.

A two-page proposal that will be considered in June could postpone the release of a final World Customs Organization framework for another year.

SeaIntel says if charter rates for feeders increase, the pricing spread between services calling direct port-port pairs and transhipment products could widen.

The bureau received 53 formal comments in response to an advance notice of proposed rulemaking for transactions in which a foreign buyer contracts with a U.S. agent to facilitate exports […]

The cooperative effort allows the two carriers to manage sales and bookings for standard and express shipments between Europe and the U.S.

Stock in the third-party logistics provider began trading on the SIX Swiss Exchange on Friday at an initial price of 27.50 Swiss francs per share.

The London-based containership owner and operator has extended an order for five 11,000-TEU vessels from Hyundai Heavy Industries with an additional four 14,000-TEU ships.

The world’s second-largest container carrier has signed a 30-year concession agreement with Abu Dhabi Ports.

According to the latest Cass Freight Index Report, the continued growth of shipments “is yet another data point confirming that the strength in the U.S. economy continues to accelerate.”

The two companies are fierce rivals, but the fight in the Show Me State is a cut above past standoffs.

A Walmart worker loads a trailer inside a distribution center. Private fleets can provide significant value to their broader organizations, but they still must compete for business, which is why customer service ranks so high as a top concern.

Delivery vehicles are one thing, but how will the high court’s ruling impact logistics companies across the industry?

Dubai Ports World’s Thames wing, DP World London Gateway, has unveiled its latest tool called “Where’s My Container” (WMC), an app created to help stakeholders in the logistics space track their freight.

The technology and product offerings for LNG/CNG Class 8 trucks are well ahead of battery-electric vehicles. Rising diesel prices may spur another wave of natural gas-powered truck adoption.

Commentary: California has turned its back on an industry that employs nearly 1 million people

Tesla’s stock fell by over 8% during the last day due to Elon Musk refusing to answer profitability related questions posed by investors during the Q1 post-earnings call.

he pace of hiring improved slightly in April as the unemployment rate fell below 4% for the first time since the end of 2000. Trucking employment, however, saw no such gains as jobs in the industry declined for the first time in eight months.

Bayer AG’s takeover of Monsanto has raised a lot of eyebrows as the merger has all the makings of an industrial monopoly, with the company looking to refute such concerns.

ts best performance in year-over-year increases in revenue per hundredweight (excluding fuel surcharge) in years was not enough to turn a first quarter profit for YRC Worldwide.

Port of Los Angeles says reforms are a “step in the right direction.”

Shipping lines need to reach agreements with GE Transportation in order for the PierPass 2.0 program to move ahead.

The LTL holding company recorded a net loss of $14.6 million, compared to $25.3 million last year.

The Hong Kong-based containership lessor reported a net profit of $67 million for the quarter as revenues rose 11.7 percent to $244 million compared with the same 2017 period.

The aircraft manufacturing giant will acquire KLX in a deal valued at $4.25 billion.

The $69.3 million deal includes 16 pressure barges with an aggregate capacity of about 258,000 barrels.

The strong growth came despite a slight year-over-year decline in transport volumes.

Transportation and logistics companies added another 400 jobs during the month following three consecutive monthly gains, according to recent preliminary data from the U.S. Department of Labor.

Total U.S. freight rail shipments climbed another 5.1 percent for the month following year-over-year gains of 5 percent in March and 3.3 percent in February.

New Jersey governor sets up task force; California Supreme Court revises test for determining if a worker is an independent contractor.

The company even managed to cut purchased transportation costs, which is the opposite of what many others experienced.

Gil Perez, Senior VP at SAP discussed the impact of blockchain in the transportation and logistics industry and the need of consortiums to expedite adoption.