News

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.

Report says the government will place orders for 200 vessels over the next three years.

The intermodal equipment provider and chassis pool operator has joined the Blockchain in Transportation Alliance (BiTA), an organization dedicated to the development of blockchain for the freight transportation industry.

Matthew M. Sturges formerly was majority staff director for the House Transportation and Infrastructure Committee.

The U.S. Justice Department said Christopher M. Holbrook used excessive force against an individual in Las Cruces, N.M., and then falsified his report.

The Los Angeles Harbor Commission appoints a new president and the Port of Vancouver USA hires a director of economic development, while Acuitive Solutions names its chief operating officer.

The French container carrier and shipping company announced Friday that it had reached a deal to acquire an equity stake of nearly 25 percent of the global logistics company.

The French container carrier and shipping company announced Friday that it had reached a deal to acquire an equity stake of nearly 25 percent of the global logistics company.

Volatility returns to commodity markets, with oil, aluminum, and nickel posting huge price increases. How long will these price shocks last, and how will they affect the economy?

Responses from the Federal Reserve’s Beige Book on regional economic conditions show that recent tariffs and capacity issues in freight are starting to pressure businesses.

ELD hard enforcement had its impact on rates months ago, but the physical impacts to drivers and people on the ground is still an issue. Autonomous vehicle technology is progressing rapidly. 

Livestock farmers in the Midwest are facing hay shortage and record prices in the market, partly fueled by an extended winter season this year.

Lisa McGinty, the company’s first employee returns to FreightWaves for an encore performance as CMO

Presented by Reliance Partners …The jury is still out as to whether or not ELDs actually make our roads safer, but many say they’re working.

While April 1 turned out not to be the total disaster so many predicted, the hard enforcement date has brought pain to some individual truck drivers and fleets who continue to be tripped up by common mistakes.

Amid posting a 19.3 percent year-over-year drop in net earnings, the Class I railway faces a “potentially devastating” work stoppage.

AutoMobile International Terminal’s vehicle processing roll-on/roll-off facility is expected to be completed by the end of 2019.

The shipping analyst said shipments of soybeans from the United States to China were down by 18 percent or 2 million tons in first two months of 2018.

San Francisco’s Red and White Fleet is running on a biofuel made at a Singapore refinery.

Sweden-based West Atlantic Group will operate the plane, which it expects will “improve reliability, lower aircraft operating costs and provide a better environmental footprint.”