Bolloré denies corruption charges
A logistics powerhouse in Africa, the French company allegedly “provided discounted communications advice” in Guinea and Togo in exchange for licenses to operate container ports.
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A logistics powerhouse in Africa, the French company allegedly “provided discounted communications advice” in Guinea and Togo in exchange for licenses to operate container ports.
An industry association elects 2018-19 officers and Air Partner appoints interim chief financial officer.
Yusen Logistics will manage all inbound, storage, picking and value-added activities
The U.S. Postal Service and Customs and Border Protection have been ramping up efforts to stop shipments of fentanyl, which largely arrive in the United States from China.
Even with a higher cost burden, it still managed an improvement in its operating ratio.
The goods trade deficit narrowed for the first time in seven months, but total trade going in and out of the US actually declined.
Echol Global Logistics a 3PL based in Chicago busts through earnings estimates in the first quarter. A combination of market conditions and productivity improvements paved the way.
Presented by Reliance Partners…While there are loads of ways to save on insurance costs, some aren’t as realistic as others. We’ve distilled it down to a concentrated Top 5.
Drivers take a fixed percentage of every load, and the price of those loads is rising.
The year 2018 is shaping up as one not seen in trucking in more than a decade, explained Chris Lofgren, CEO of Schneider National, on the company’s earnings call on Thursday morning.
Durable goods orders rose 2.6% in March, driven by a 2nd consecutive surge in commercial aircraft orders. Core orders remained essentially unchanged during the month in a sign that freight demand will continue to normalize.
Earnings season is here; UPS posts 13th quarter of double digit growth; Knight-Swift finds synergies; Maersk trials autonomous ships; the Mustang is the last Ford car left; Barclays and Goldman Sachs collab on data standards for derivatives and blockchain; Union Pacific beats the Street.
The company is moving fast in an effort to stay on top of trends, to see industry changes as opportunities, and to continue to act offensively.
California is applying meal and rest break provisions to truck drivers that are in conflict with federal hours-of-service regulations, according to many in the industry. That is why so many are pushing to include the Denham Amendment in the FAA authorization bill.
The union representing about 25,000 CBP officers cites “forced overtime shifts, multiple deployments away from home and low morale.”
Deferral of ship deliveries will improve supply-and-demand balance for liner companies.
The U.S-China Bilateral Maritime Consultations also included talks on competition and efficiency in the U.S. container shipping industry.
The total value of U.S. cross-border trade with Canada and Mexico increased for the 19th straight month in May.
The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement rose 8.7 percent year-over-year to $86.47 billion in February.
The Atlanta-based parcel giant saw its net income jump 15.4 percent year-over-year to $1.3 billion, led by double-digit profit growth in the international, supply chain and freight segments.
The weekly service was discontinued in 2005 following Hurricane Katrina.
The agency also has been taking a “really strong look” at forced labor used for imported goods.
Annual report lays out strategy for domestic and overseas multimodal transport and inland services.
The port terminal operating arm of the Chinese state-run conglomerate reported net earnings of $69 million, an 84.3 percent increase from the prior year.
Move follows consolidation of its liner business with that of Japanese competitors.
Internet of Things provides more transparency in fleet management
The 315,000-square-foot facility will house forwarding, warehouse and distribution operations
Knight-Swift’s revenues stabilized despite fewer trucks and shorter length of haul, and the two brands managed to increase their efficiency and improve operating ratios.
DAT is reporting dry van rates are decreasing. The Tender Rejection Index is indicating this trend should continue over the next few weeks.
As machines become more intelligent over time, it is important to look into how powerful the systems can get and the things that could go wrong under such circumstances.
Mack Trucks said it will have a fully electric Mack LR refuse truck model with an integrated Mack electric drivetrain operating in North America in 2019 and Freightliner introduced the EconicSD low-entry, cab-over-engine waste collection truck.
The Rose Acre Farms egg recall had im-peck-able timing occuring right after the Easter season. Here is how the freight industry had a hand in egg price increases.
Becoming a “shipper of choice” is a decision. It doesn’t just happen. This infographic highlights 5 ways shippers can achieve this elusive title.
Covenant Transportation Group saw revenue and earnings increase and predicted that the second quarter presents an even bigger opportunity for the carrier.
Amazon announced Tuesday it has joined with General Motors and Volvo Cars to start offering in-car deliveries, giving its couriers access to potentially millions of vehicles in 37 U.S. markets.
Senators are told, “American cargo owners are saying their equipment is getting stuck, their cargo is getting stuck at these inland places.”
The shared-space distribution model is designed to shorten transit times without adding overhead.
The Class I railway increased its year-over-year net income, revenues and volumes.
Kenneth Wagers is named COO and Troy Cooper is promoted to president.
Sparks fly over jurisdiction, charges of conflict of interests and a weigh station alternative.
The companies believe FBX will set the stage for future derivative financial instruments.
Oregon Congressman Pete DeFazio is “hopeful” money will be dispersed from the projected $10 billion Harbor Maintenance Fund balance.
Airfreight tonnage rose by more than 20 percent, with strong growth recorded for exports from North America.
The Hong Kong-based ocean carrier projects an annual cost savings of $10 million from improved network operations and efficiency.
The second phase of development will increase port capacity by 21 million TEUs by 2027.
The state-of-the-art warehouse will be located next to the world’s largest airport.
Supporters and opponents address proposed changes to labor law.
Prices for used vehicles are expected by the company to stay flat for the remainder of the year.
Truck tonnage fell for the second consecutive month despite generally solid economic conditions. Responses from survey data suggests that the freight is out there, but capacity is preventing tonnage growth
One aspect of increasing driver retention is to recognize the strong correlation between turnover and quality hiring.
Stord is a software-enabled network of warehouses & distribution centers, which helps businesses improve their operational efficiency by helping them move products swiftly and cost-effectively.
Stord is a software-enabled network of warehouses & distribution centers, which helps businesses improve their operational efficiency by helping them move products swiftly and cost-effectively.
Sales of single-family homes improved for the 2nd consecutive month in a sign that housing activity is beginning to accelerate at the start of spring. This, in turn, should boost freight demand for building materials, furniture, and appliances as households move in and settle.
Slync, an enterprise blockchain platform for the shipping, logistics and supply chain industries, has appointed Samuel Israel to its advisory board. As a regional CEO, Israel led DHL Global Forwarding for more than 10 years, where he built a multibillion-dollar logistics organization in Latin America.
Driver retention is a hot button topic in trucking right now. Some trucking companies are focusing their technological improvements on helping create a better environment for their pivotal employees.
Mnuchin is running a full court press to make Chinese tariffs, aluminum sanctions, and NAFTA renegotiation the least disruptive as possible.
Cashflow Corner presented by TriumphPay …Truck operators have a number of regulations they must meet to operate in California, including trailer and refrigeration unit mandates. Failure to do so can lead to big fines.
Even with low unemployment, recruiters in a new survey indicate they expect an increase in driver job applicants, but they also expect driver turnover to rise as companies continue to boost pay and sign-on bonuses.
The self-driving truck startup is striving to deliver dock-to-dock level 4 automation for commercial trucks carrying cargo in the United States and China and has expanded into the port autonomous […]
The latest case of E. coli outbreak is just another example of the impressive capabilities already at our disposal.
Fueled mostly by increased e-commerce, Frank Appel says the global logistics services provider is on track to reach an operating profit of U.S. $6.1 billion.
Canadian National posted a net income of C$741 million on revenues of C$3.2 billion for the quarter, down 16 percent and 0.4 percent year-over-year, respectively.
The containership owner and operator said Mark Chu, its general counsel and chief operating officer, will step down effective Aug. 31.
All three of the major container carrier alliances now offer weekly service to the British Columbia port.
Massterly picks managing director and chairman and UPS appoints west region president, while APS Stevedoring names sales and marketing manager and Air Partner hires managing director for its regulatory and […]
The National Marine Fisheries Service on Tuesday announced it will require compliance with reporting and recordkeeping rules of the Seafood Import Monitoring Program beginning Dec. 31.
Results of Endangered Species Act reviews for five species could determine whether endangered and threatened species will remain subject to import and export restrictions.
The U.S. Department of Transportation has opened applications for $1.5 billion in discretionary grant funding through the newly rebranded Better Utilizing Investments to Leverage Development (BUILD) Transportation program.
The final ruling clarifies the process for submitting Kimberley Process Certificates, which must accompany clean diamond exports and imports.
An aggressive plan to add tracks and people is seen as key to a turnaround.
Some carriers allegedly are modifying cargo contract terms because of a lack of trucks at inland locations.
Fleet idle capacity is at 1% and rates to both US coasts are climbing week-over-week, but wait for the summer peak season for large container box rate increases.
Dispatch Science is a new approach with new technology with constraint-based, problem solving capability with current traditionally based solutions.
One part of the refinancing calls for an even bigger shareholder to emerge
Between automation and visibility through constant technology gains and application, SprintShip is striving for perfection in a highly complex and complicated logistics process.
Trucking’s environmental progress since the first Earth Day; Volvo Trucks shares battery tech across brands; US oil exports to Europe jump on Brent/WTI spread; BNSF and Union Pacific offer $25k signing bonuses; FedEx links Guangzhou and Memphis; how China is buying Europe.
For all the innovations, the focus remains on driver comfort and safety.
There is a need for modernizing existing warehouses to suit last-mile delivery and the advent of ecommerce, while also increasing warehousing capacity to meet spiking demands across the U.S.
The Class I railway on Friday tendered final offers to the bargaining committees of two unions to renew collective agreements, averting potential strikes that were scheduled to kick in Saturday.
American Association of Port Authorities tells U.S. Trade Representative Lighthizer that sanctions could hurt jobs at ports, tax revenues.
The global logistics software provider, which has made more than a dozen acquisitions since January 2017, unveiled an additional three on Monday, expanding its presence in Latin America and Europe.
The Treasury Department’s Office of Foreign Assets Control on Monday said U.S. companies with business ties to the recently sanctioned aluminum producer and its subsidiaries will have until Oct. 23 […]
The 24-year-old Texas-based company provides logistics and information technology services to rail shippers and short lines.
The Jacksonville Port Authority has named an interim chief financial officer, while Roadrunner Transportation Systems promotes president to the board.
Foreign companies want to invest in U.S. marine terminals, but they face government scrutiny that could curtail or even block their efforts altogether.
Trucking employment has grown a healthy 32% since 2012, but very small and small fleets are absorbing the new drivers, leaving large carriers struggling to seat their trucks.
The third installment of CarrierLists and FreightWaves load sourcing survey has more of the same. We dig a little deeper to see something about the industry that is seemingly obvious, but is it?
The third installment of CarrierLists and FreightWaves load sourcing survey has more of the same. We dig a little deeper to see something about the industry that is seemingly obvious, but is it?
Talks were with two key unions; ratification vote still necessary
Progress is being made on meeting the concerns of the Surface Transportation Board: execs
Many fortunes have been made doing exactly the opposite.
An analyst says the company management is willing to accept “short term pain.”
The Federal Reserve reports the economy is still looking good, but still not without issues. Commodity prices surge and the impacts to trucking.
Almost all of the conditions reported by the company were positive.
Chinese telecom firm ZTE says the Commerce Department’s latest embargo will “severely impact the survival and development” of the company as well as cause harm to its U.S.-based partners.
The February reading of FTR’s Trucking Conditions Index, along with steadily increasing orders for Class 8 trucks and trailers, “reflects an environment for carriers that has never been better,” according […]
Wall Street analysts tracking the Class I railroad said the $639 million still fell short of expectations.
Officials from the French Atlantic port have proposed more than 500 million euros (U.S. $613.5 million) in investments following a 14 percent increase in container traffic in 2017.
But Vietnam’s national shipping company sees growth ahead after public stock offering this summer.
Turkey-based Yilport Holding has started the first phase of dredging the channel to Ecuador’s marine terminal, which it took over in March 2017.