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The Fed is expected to raise rates again this week. This move has been communicated for several months, but what the Fed says about future increases could have significant implications for freight markets and carriers
Uber AV kills pedestrian in Arizona; XPO Logistics takes its app to Europe; CSX has no apologies; China COSCO building methanol fuel plants in Louisiana; air cargo markets may see slower growth; Covenant stock hits a 52 week high.
Shippo’s latest feature lets retailers engage with their customers during the post-purchase period to build loyalty and increase repeat purchases.
There are many services that shippers can outsource, including warehouse operations, and doing so can provide added value to the shipper through expertise that 3PLs can provide.
Arrive Logistics will host a webinar on March 29 with use case examples and tips on how shippers can reduce their shipping costs.
Shippers are increasingly being held responsible for actions of carriers hauling their freight, says a leading transportation attorney.
Cashflow Corner presented by TriumphPay …Nexus is when a trucking company owes taxes in multiple states, but many companies are not aware of when this happens because of confusing state laws.
Shippers that work closer with carriers and treat drivers with respect can see lower transportation costs as a result.
With low post-Lunar New Year volumes resulting in skipped sailings on transpacific services, some terminals at the Southern California seaports of Los Angeles and Long Beach are closing during daytime […]
Jakob Stausholm, chief finance officer, chief strategy and transformation officer, and registered director of the A.P. Moller – Maersk will resign from the company by the end of the month, […]
Crete Carrier had a 400% increase in load turndowns in February and that is just one of the metrics that indicates the current conditions of the freight market.
Ocean Network Express CEO Jeremy Nixon said the three major consortia that dominate the deep-sea container trades may undergo a period of “setting down.”
The logistics and transportation services provider snapped up Summit Northwest Corp and Freight Force and has no plans on letting up on its acquisition spree.
Lt. Gen. Todd Semonite, commanding general for the U.S. Army Corps of Engineers, told lawmakers he expects to complete five chief’s reports and recommend changes to two private sector-sponsored projects […]
A FedEx worker suffered minor injuries when a device inside a parcel exploded early Tuesday morning at a distribution center in Schertz, Texas, according to statements from local law enforcement.
A Hapag-Lloyd containership struck a Gold Star Line vessel on Monday while berthing in Karachi.
The Senate confirmed Kevin McAleenan to serve as commissioner of U.S. Customs and Border Protection by a vote of 77-19 on Monday.
President Donald Trump has shifted Ann Begeman out of the acting chair role at the Surface Transportation Board to become chair.
The Green Bay, Wis.-based national trucking company completed its conversion to a company-owned and managed chassis fleet by buying over 15,000 intermodal container chassis over the last four years.
First significant group of storms and tornadoes for 2018.
Supply chain participants spent years taking time out of the process to offer faster, more streamlined services, but with ELDs and e-commerce, that lack of flexibility is now constraining operations.
Every major railroad serving the U.S. got a letter from the Surface Transportation Board.
Amsterdam-based TMA Logistics has officially unveiled its investment in the New Silk Road Initiative.
An Uber self-driving SUV struck and killed a pedestrian in Tempe, Arizona, the first known time a pedestrian has been killed by an autonomous vehicle.
Transport stocks outperforming broader economy; FedEx adds robots to distribution centers; Knight-Swift picks up a 400 truck fleet; CMA CGM turned around in 2017; Union Pacific’s drones monitoring workers cause union trouble.
The U.S. has been particularly bad over the last few decades at helping people who’ve lost out during periods of technological change. Is there a new emerging story?
A look at the factors that would affect the growth of the Savannah port over its expansion and ambitious plan to handle 10 million TEUs by 2028.
Orders for new Class 8 trucks are surging, but used truck prices and workforce growth are weak, suggesting that overall trucking capacity is staying flat.
The acquisition of Peruvian logistics provider Cosmos Agencia Maritima (CAM) extends DP World’s reach in Latin America and continues the firm’s diversification into third-party logistics offerings.
Now by far the largest truckload carrier in the United States, Knight-Swift Transportation Holdings has made its first acquisition since its merger in fall 2017, purchasing Richmond, Va.-based Abilene Motor Express […]
The parcel and express carrier has begun to expand its U.S. market presence by offering a new delivery program that caters to urban e-commerce retailers and shoppers.
The port terminal operator subsidiary of conglomerate C.K. Hutchison Holdings Co. posted an annual container throughput of 84.7 million TEUs last year, 4 percent more than in 2016, and expects […]
The U.S. Department of Agriculture and its counterpart in the South Korean government have reached an agreement on how to minimize the trade impacts when future cases of highly pathogenic […]
According to the members of the 2M Alliance vessel sharing agreement, Maersk Line and MSC, a reduction in the number of port calls in its services connecting Asia with Europe […]
Olso, Norway-based feeder specialist MPC Container Ships has agreed to acquire five vessels from Simatech ranging in size from 1,201 TEUs to 1,440 TEUs and another 1,350-TEU vessel for a […]
The nearly 800 workers of Air Express International (AEI), a U.S. subsidiary of DHL Global Forwarding and Deutche Post-DHL of Bonn, Germany, have overwhelmingly approved a new national contract.
By handling of more than 87,000 Ford vehicles in 2017, the Port of Portland, Ore., maintained its top position for West Coast auto exports.
European over-the-road transportation provider Freightex has been folded into Coyote Logistics, as parent UPS expands its services across the continent.
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
Individuals knowing of a reason why an applicant should not receive a license should contact the Office of Transportation Intermediaries.
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
The U.S. maritime regulator has received 22 ocean transportation intermediary license applications and changes for review.
FMC reviews 22 OTI license applications
The U.S. Federal Maritime Commission has received 22 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from ACM Enterprises Group, Carson, Calif. (Edgar […]
FMC reviews 22 OTI license applications
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
UPS appoints managing director of UPS Korea, Amsterdam Airport Schiphol names cargo head, the National Retail Federation (NRF) appoints NRF Foundation president, and United Properties picks asset management vice president.
Anthony Reardon, the head of the union representing U.S. Customs and Border Protection (CBP) port officers, has raised concerns about the agency’s and Congress’ dedication to hiring more officers to […]
Atlanta-based supply chain consultancy firm Chainalytics and UK-based ocean shipping consulting firm Drewry Supply Chain Advisors have officially formed a partnership through a joint venture, The Ocean Buying Group.
One year after launch, FreightWaves takes the top spot for news in the freight and logistics industry according to Amazon’s Alexa.
Inventories picked up in January, but low inventory/sales ratios mean that carriers with remain under pressure to hit tight deadlines.
Shippers move more freight into the contract market to avoid higher spot market rates
Britain’s pending withdrawal from the European Union spells traffic doom for Calais, according to the Calais port’s boss, Jean Marc Puissesseau.
Job openings reached a record high in the January JOLTS data. Results were especially pronounced in the transportation and warehousing sector, where openings surged and hiring failed to keep pace
If you want to make a million dollars, all it takes is a little hard work and creating something that has value.
Down from January, but a record February
The Richmond-based carrier was privately held with approximately $100 million in revenue.
A network of contractors will be making the final deliveries under contract to DHL.
This is a wake-up call. Make a plan and manage your security now.
Executives flee, production shuts down, parts need reworking, and Tesla is still burning cash like there’s no tomorrow.
Manufacturing industrial production surged in February, but housing starts slipped in a mixed day for freight demand
LoadDocs uses machine learning to digitize paperwork of fleets, thus helping them reduce operational friction and increase workflow efficiency.
The current exemption ends April 19.
The Trump administration accused Russian-backed hackers of carrying out systematic operations to penetrate and sabotage power plants at will.
The French ocean carrier turned a profit in 2017, partly due to its acquisition of APL in mid-2016, and expects volumes to continue to hold strong this year.
Utah Gov. Gary R. Herbert indicated his intent to sign a bill that would allow for an inland port in the northwest quadrant of Salt Lake City, which would be […]
The Dubai-based container terminal operator increased its profits, revenues and throughput in 2017 from the prior year.
The 5,616-TEU Maersk Kensington reported a fire Thursday in a cargo hold, but the cause of the fire is still unknown.
The Limassol, Cyprus-based port terminal operator posted a net loss of $53 million compared with a $61 million profit in 2016, despite rising volumes and relatively steady revenues, according to […]
The Mississauga, Canada-based all-cargo airline posted net earnings of $23.7 million Canadian (U.S. $18.1 million) for the year compared with just C$2.4 million in 2016, as revenues rose 15.7 percent […]
Medway will introduce a freight rail service between Spain and Portugal, expected to begin April 4.
PierPass President John Cushing said he suspects marine terminal operators at the two ports will make a decision within the next few weeks.
For months, West Coast spot rates have been softening, allowing brokers to take big margins and shippers to move freight inexpensively, with short lead times. That’s about to change.
Blockchain’s digital potential for the supply chain industry is gaining so much traction because of the inefficiencies of tracking goods through so many paper-based sources and multiple interfaces.
Dealing with the tight market for drivers in multiple parts of the JB Hunt business.
An optimistic Q1 guidance document released by Covenant Transport yesterday caused the carrier’s stock to jump 5% this morning. We explain how the team fleet is exploiting the new ELD environment.
PLM, a leader in technology-driven fleet management solutions for refrigerated trailers, announced today that it has joined the Blockchain in Transport Alliance (BiTA).
Health company higi is opening up resources at its 11,000 self-screening health stations to truck drivers who are members of Rolling Strong for free biometric testing.
UniGroup, a leading transportation and logistics company that owns two of the nation’s largest moving company brands–Mayflower and United Van Lines–has joined the Blockchain in Transport Alliance (BiTA).
Being an owner-operator or small fleet owner requires more know-how than just driving a truck. Kevin Rutherford explains.
When a 3PL is involved in moving goods, there are a number of liability areas where that 3PL could be held responsible, from the actions of the carrier to condition of the goods.
House members expressed concern about the stability of the Coast Guard budget, as well as the cuts to the Maritime Security Program and PL-480.
Acting U.S. Federal Maritime Commission Chairman Michael Khouri told House lawmakers at a hearing Wednesday that President Donald Trump’s fiscal year 2019 budget request of $27.49 million for the agency […]
The world’s largest ocean carrier has projected Mexico’s container trade will grow 6 percent this year as the country continues to be fueled by various economic tailwinds.
The International Air Transport Association has launched a new online air cargo tool, dubbed Dangerous Goods AutoCheck, to assist airlines, handlers, third-party logistics providers and shippers comply with dangerous goods […]
Broad-based economic expansion is accelerating thanks to “robust” investment growth and increases in international trade, but risks remain in the form of rising trade tensions, according to the Organisation for […]
The Government Accountability Office recommended that U.S. Customs and Border Protection work with partner government agencies to finalize an Automated Commercial Environment (ACE) work plan.
Seaspan is increasing the size of its fleet by 29 percent through the acquisition of the remaining 89 percent of Greater China Intermodal Investments it did not already own.
The California port handled 14.9 percent more loaded import containers in February from 12 months prior, reaching 174,902 TEUs.
300cubits adds to advisory board and Cargojet appoints new board chairman.
The controversial study has become a national story and is now under scrutiny of two U.S. Senators who are demanding information from Scott Pruitt’s Nov. 16 proposal to exempt “glider kits” from industry emissions standards.
After a few disastrous months and a CEO ouster, the interim chief lays out the plan.
Vietnam is the fastest growing supplier of electronics and apparel to the United States, and a fresh wave of foreign investment has the country poised to realize gains in worker productivity.
Carriers are not the only ones benefiting from the current freight environment, so are freight brokers.
Producer price inflation remained relatively modest in February, but trucking prices grew at the fastest pace since 2011
An inland port is being built in northern Georgia’s Murray County, which is expected to take some Semis off the highway leading to the Savannah port and also help boost the county’s businesses sector.
By one measure, the flatbed market has never been stronger.
Energy and financial markets economist joins the FreightWaves data-science team.
