News

Energy and financial markets economist joins the FreightWaves data-science team. 

The sector gets another 90 days to comply, while the rest of the industry faces April 1 enforcement.

The U.S. Department of Transportation (USDOT) will allocate almost $500 million to 41 road, transit, maritime and rail projects under the Transportation Investment Generating Economic Recovery (TIGER) program.

Agricultural haulers were granted an additional 90-day waiver from the electronic logging device rule, just days before the first waiver was set to end March 18.

The Ports of Los Angeles and Long Beach both experienced a strong February for containerized cargo throughput, particularly imports, as shippers scurried to get their goods moved from Asia before […]

The logistics arm of Japanese shipping company Mitsui O.S.K. Lines formed a partnership with California-based NEXT Trucking to make it easier for overseas companies to ship cargo to final distribution […]

The European Community Shipowners’ Associations and World Shipping Council said current rules create an unnecessary workload.

Strong sales of new trucks is expected to keep used truck supplies rising. 

Container carriers transported more than 13.8 million TEUs for the month, boosted by strong growth in exports from Asia and imports to North America, according to the latest data from […]

Fleet management technology provider EROAD adds expertise to growing coalition developing blockchain standards for the freight industry with BiTA membership.

Transport Logistics International (TLI), a Maryland-based company that provides transportation services for nuclear materials, has agreed to pay a $2 million criminal penalty to settle allegations of bribing a Russian […]

A.P. Moller-Maersk Group’s container terminal operating arm will make new investments to help shippers with landside connections.

The CFO of Union Pacific looks at the trucking market and likes what he sees.

Volkswagen invests $25B in EVs; Tesla exposed to neodymium supply shocks; FedEx to announce earnings today; Union Pacific plans $127M capex in Arkansas; Maersk says Canadian container trade growth will outpace U.S. in 2018.

The NFIB Small Business Optimism index jumped near its all-time high in February, and details of the report suggest that this optimism is beginning to translate to economic activity

Cashflow Corner presented by TriumphPay …There is another option to acquiring good paying freight for carriers, and that is government freight.

Loadsmart is changing the traditional freight brokerage business by using data analytics to provide instantaneous quotes to shippers for freight hauling.

With just a few weeks to go, a discussion of some of the intricacies of the HOS rules and what to do if you get pulled over. 

The Port of Oakland on Monday released a plan for the next five years, dubbed “Growth with care,” that envisions more jobs and economic stimulus, as well as 8 percent […]

Ports covered by the National Retail Federation’s Global Port Tracker handled 1.72 million TEUs of imports for the month, a year-over-year increase of 1.8 percent, but the association warned new […]

President Donald Trump has removed Rex Tillerson as Secretary of State and said he plans to replace him with CIA Director Mike Pompeo.

Beam Bros. Trucking and its two owners have agreed to pay $1,025,000 to resolve allegations that they overcharged the U.S. Postal Service on contracts to transport mail, according to the […]

Three of the four missing crew members of the Maersk Honam were found on board the vessel, which caught fire last Tuesday in the Arabian Sea.

A rash of recent announcements from tech startups have revealed that self-driving trucks are already among us–and there is nothing to fear.

At Macquarie’s Montgomery Summit, Paul Brody, EY’s Global Innovation Leader for Blockchain Technology, laid out a framework to determine whether a given use case would be better served by blockchain or a centralized database.

Waymo announced late on Friday that its self-driving trucks will begin delivering goods for Google’s logistics operation in Atlanta.

While blockchain and Bitcoin were invented simultaneously, there are a lot of applications of blockchain technology in transportation and logistics that don’t depend on cryptocurrencies.

Perhaps one of the problems for the lack of transparency and widespread adoption of technology for farmers and the agricultural community at large, is the association of bitcoin with blockchain. […]

Added tariffs of 25 percent for steel and 10 percent for aluminum will hit a range of products at 12:01 a.m. March 23, as Trump cites lack of multilateral engagement […]

Morgan Stanley says that shippers with low gross margins, bulky merchandise, and relatively low cost of goods sold who outsource their transportation needs are at the mercy of rising freight costs and will face EPS headwinds in 2018.

The Port of New Orleans is in the early stages of planning for a second container terminal to capture expected increased cargo demand in the U.S. Gulf Coast region and […]

The union and employers revealed Friday they will resume master contract discussions, saying that issues and concerns regarding automation, which caused the talks to come to a halt in December, […]

Sources say little headway was made last week in talks between the union and New York Shipping Association where employers are attempting to bring costs and productivity more in line with other […]

Orient Overseas International Ltd., the parent company of container carrier OOCL, reported a profit attributable to equity holders of $138 million in 2017, as OOCL experienced “tremendous” growth in both […]

The global port operator entered into a subscription agreement for Navis’ N4 terminal operating system.

Transportation and logistics companies added 15,400 jobs for the month following a revised 11,800-job gain in January, according to recent preliminary data from the U.S. Department of Labor.

The Swiss-based freight forwarder reported net earnings of 57.5 million Swiss francs (U.S. $60.6 million) on CHF 5.53 billion in net forwarding revenues during 2017, year-over-year increases of 9.9 percent […]

The Adam Smith Project recently sat down with Brenda Smith of U.S. Customs and Border Protection’s Office of International Trade to review the agency’s progress on implementing the Trade Facilitation […]

The Commerce Department preliminarily determined that Chinese exporters of forged steel fittings to the United States receive countervailable subsidies, and is scheduled to announced its final countervailing duty determination July […]

Using machine learning and artificial intelligence to predict supply chain demand is the focus of a collaborative effort between JDA Software and the Massachusetts Institute of Technology (MIT), Supply Chain 24/7 reports.

While driver pay has been inching up, something else has been increasing: guaranteed pay programs.

The union and employers revealed Friday they will resume master contract discussions, saying that issues and concerns regarding automation, which caused the talks to come to a halt in December, […]

The current level of freight strength would be notable if it were June, September, or October, but it’s not. It’s February data. It is impossible to predict exactly how long this will last, but at least through 2018 we expect capacity to remain tight. 

Rep. Sam Graves (R-MO) is pushing a vehicle miles tax in Washington as the solution to funding road and infrastructure improvements rather than raising fuel taxes.

The economy added over 300,000 jobs in February, and trucking hires improved for the fourth consecutive month

The Pulse system brings trailers up to speed with today’s smartest trucks.

Looking at the status of smart contracts, supply chains and the role of tokens. 

Lars Jensen, chief executive officer of Seaintelligence Consulting, said that although consolidation among the largest carriers is likely coming to an end, smaller, niche carriers are just getting started.

The new Eagle Express X (EEX) service, scheduled to launch in July, will offer 11-day transits from Shanghai to Los Angeles, which BlueWater Reporting shows is faster than any other […]

Building on a successful trial run in the Port of Los Angeles, GE Transportation is launching a second pilot at the Port of Long Beach that seeks to digitize and […]

LNG carrier charter rates have posted the strongest recovery since the 2015-6 crash in maritime shipping, and 9.7% YOY growth in capacity hasn’t been enough to keep up with demand.

The largest port on the U.S. East Coast handled 585,864 TEUs during the month, the most of any January in port history, according to the most recent data from the […]

The mid-Atlantic port saw throughput of containerized cargo fall 0.7 percent year-over-year in February 2018 following a 3.5 percent decline in January caused in part by the loss of workdays […]

Total U.S. freight rail volumes grew 3.3 percent for the month following a 0.1 percent uptick in January, according to the latest data from the Association of American Railroads (AAR).

The Tesla is not a zero-emission vehicle as it produces a tremendous amount of CO2 during its production and largely utilizes electricity which is drawn from non-renewable resources.

Global air cargo demand soared 8 percent for the month, but recently announced U.S. import tariffs on steel and aluminum could bring volumes back down to earth, according to the […]

The global freight logistics industry is in the middle of a transition driven by a confluence of factors ranging from urbanization to the rise of e-commerce, and from automation to intermodal platforms.

Presented by Reliance Partners …For truly safe trucking companies, chameleon carriers are a problem. But it is one that data is helping solve.

From device connectivity to data monitoring to data analytics to automation. The solution sweet spot is ultimately automation.

Last fall, it was revealed that Hino – traditionally a medium-duty truck company owned by Toyota – would build a Class 8 truck for North America. That truck was unveiled on Wednesday at the Work Truck Show in Indianapolis.

The Tesla Semi has finally hit the road. Tesla founder Elon Musk posted a picture of two Tesla Semi’s leaving the company’s Gigafactory in the Nevada mountains for a trip to California.

Techpertise together with TMW Systems …TMW Systems CTO Tim Leonard discussed recent data management white papers and the future of machine learning applications for the trucking industry.

One of our top priorities at Pilot Flying J is to make drivers’ lives more comfortable and convenient while on the road

“We are committed to creating technology to enable drivers to improve their lives,” says Konexial CEO, Ken Evans.

Starsky Robotics recently tested its unmanned fully autonomous truck on the U.S. highways, a milestone across the autonomous segment. 

The German mail and logistics company posted revenues of 60.4 billion euros for the year, rising 5.4 percent from 2016, despite encountering headwinds from currency effects.

The spot market isn’t under the jurisdiction of the CFTC, a commissioner tells an industry conference.

How tracking every point in the Champagne supply chain has possibilities for trucking.

The 15,262-TEU containerships caught fire in the Arabian Sea Tuesday, leaving one crew member dead, two receiving urgent medical treatment, and four still missing.

The logistics company added one office each in China, Manila, Lithuania and Serbia.

OriginTrail, a European developer of blockchain protocols specifically for the supply chain, announced today that it has joined the Blockchain in Transport Alliance.

Mack Trucks and Volvo discuss performance of their remote software update systems; Uber Freight is using autonomous trucks in Arizona; air cargo was up 8% in January YOY; the 3,000th Neopanamax container ship transited the Panama Canal; intensifying freight flows are driving oil demand.

The trade deficit widened in January, and the prospects of a trade war have clouded the outlook for transportation both in and out of the country

Vehicle uptime has been an area that truck manufacturers have applied increased focus on in recent years, and that is no exception with Navistar.

Shipwell makes it possible for any business to do freight shipping like Amazon via an easy-to-use online platform.

Filament, a leading developer of blockchain-native software and hardware, announced this morning that it has joined the Blockchain in Transport Alliance (BiTA).

Mack Trucks is hoping its Mack Over The Air remote software update program brings as much success to customers going forward as it has for early adopters.

While many other trucking manufacturers talk about uptime, Volvo Trucks noted at its Technology & Maintenance Council 2018 Annual Meeting & Transportation Technology Exhibition press conference that uptime has been a central pillar of service for the company since 1997.

U.S. Customs and Border Protection on Tuesday released its E-Commerce Strategy that recommends changes in data acquisition approaches as part of the agency’s counterfeit targeting efforts.

Industry experts detail what’s coming and how we need to get on board the “last mile” technology train.

The Commerce Department has found evidence that silicon metal imports from Australia, Brazil and Norway are being dumped on the U.S. market at less than fair value.

The global logistics software provider is anticipating more acquisitions, but despite being very well capitalized and having a healthy balance sheet, it will continue to be “prudent” in its evaluations, […]

The Commerce Department determined that U.S. imports of polytetrafluoroethylene resin, a substance typically used as a non-stick coating for pans and other cookware, from India are receiving export performance-based subsidies […]

Swissport International, an airport cargo handler, has taken over Aerocare, a similar operator in Australia and New Zealand airports.

REZ-1 appoints CEO and the American Trucking Associations’ Technology and Maintenance Council elects 2018-2019 chairman.

RK Logistics Group has found success by targeting high-tech companies in the San Francisco Bay area, growing revenues from about $16 million five years ago to $65 million.

After seven weeks of decline–considered normal for the season–national van rates stop sliding.

We all know that trucking carriers want more money and better information, but Comdata and FR8 Revolution have discovered the specific pain points in heavy hauling, such as permit requirements.

Cashflow Corner presented by TriumphPay …There is no shortage of deductions that truckers can take. You just need to know where they are. 

Total factory orders declined in January, in a sign that surging demand for freight carriers may ease slightly in upcoming months.

The ATA recognizes that “technology is cool,” but also that it had better play its own vital role in adopting and adapting plans in a realistic manner.

Stifel says UPS is now under-priced; Hapag-Lloyd offers digital rates platform for its customers; the Hudson Tunnel revamp just got harder; freight brokers do record volumes in January.

Beatsk Micro, a technology-consulting firm with core expertise in logistics, transportation and distribution, has joined the Blockchain in Transport Alliance (BiTA).

Please join us for this important event.

It was a performance not seen since 2014.

“By defining what excellence is, you can share in its success,” said Carlton Rose, UPS’ president of global fleet maintenance & engineering.

Changes could be coming soon to the SmartWay Transport Partnership program, and they may include a number of new designations, including recognition of day cabs in the program for the first time.

The Starship is a futuristic-looking, but completely road legal, Class 8 tractor-trailer unit built through a collaboration between Shell and AirFlow Truck Company.

The trucking group has called on the U.S. House Committee on Transportation & Infrastructure to “urgently conduct” an oversight hearing on the implementation of the Federal Motor Carrier Safety Administration’s […]

RoadOne IntermodaLogistics said it has acquired the New England regional intermodal transport services provider Jarvis Trans Inc. to boost its presence in the U.S. Northeast.