News

President Donald Trump has nominated Patrick J. Fuchs and Michelle A. Schultz to serve five-year terms as members on the U.S. Department of Transportation’s Surface Transportation Board.

The 10,081-TEU Maersk Shanghai lost between 70 and 73 cargo containers Saturday night about 17 miles off the coast of Oregon Inlet, N.C., but all crew members are safe and […]

Declaring that trucking needed, and would have, a seat at the table, American Trucking Associations’ President Chris Spear fired up the crowd at the official opening of TMC 2018 on Monday night in Atlanta.

UPS appoints new chief operating officer and international president, while BDP International names managing director for Middle East, Turkey and Africa.

The Technology & Maintenance Council’s 2018 Annual Meeting & Transportation Technology Exhibition at the Georgia World Congress Center in Atlanta this week is filled with new product and service announcements.

Dana has introduced a new series of axles to replace its 170 Series, further reducing weight for fleets. The new lines features the Spicer S172 single drive axle for Class 7 and 8 vehicles and the D172 tandem axle for construction, heavy haul and vocational vehicles.

TMC offers a free dashboard for unscheduled maintenance data using VMRS codes; Omnitracs gets into software; OPEC meets with shale producers in Houston; the Port of Virginia begins using truck reservations to manage traffic.

Eaton officials utilized their press conference time at the 2018 Technology and Maintenance Council show on Sunday to highlight a few new technologies on the horizon, and talk about the electrified future of trucking.

Human trafficking is a serious problem in the U.S., and TAT is training truckers to identify victims and act as a disruptive force against human traffickers.

The North American Council for Freight Efficiency provided more details into its Run on Less challenge from last fall that showed a real-world truck could achieve 10 mpg.

Michelin’s Energy Guard trailer aerodynamic package can help fleets see a 7.4% improvement in fuel savings versus running a similar trailer without it.

As part of an effort to assuage U.S. Customs and Border Protection post-departure filing concerns, the Commercial Customs Operations Advisory Committee (COAC) is developing a concept that correlates the two […]

Over 110 associations representing shippers and logistics providers called on the International Longshoremen’s Association and the United States Maritime Alliance to resume labor contract talks, which broke off in December […]

Jean-Jacques Ruest will serve as interim president and chief executive officer of the Class I railway until a permanent replacement is hired.

A new program will provide a quarterly benchmarking report to all TMC members to allow them to compare their unscheduled roadside repairs with those of comparable fleets.

U.S. Customs and Border Protection (CBP) is in the process of investigating 15 duty evasion cases, amidst the executive branch’s budget request calling for 140 more personnel to work in […]

As of Thursday, CenterPoint was only awaiting permits to start on the long-anticipated Seaport Logistics Complex at the California port.

UAE’s state-run enterprise, DP World, gained a new partner in the government of Ethiopia as the port developer and the Somaliland Port Authority reached a deal to develop Berbera Corridor.

iCanDeliver is hoping to capture European market share with its digital freight platform.

All the ELD providers have maintained that the data is safe and that the devices themselves are merely collection units. Teletrac Navman, though, is working towards a certification that would be a first for a commercial GPS/fleet management company. 

Fuel taxes disproportinately hurt independent truckers because they are not able to recoup fuel-expenses.

European logistics company Stena Line has confirmed its initiative to test environment-friendly shipping vessels, the Handy Shipping Guide reports.

Stock is down across the beer industry. The tariff costs to the industry will ultimately cost consumers.

Rolling Strong’s app can you tell exactly what you need to do every day to pass your DOT health exam.

Livingston International Inc., a leading provider of freight forwarding, customs brokerage and trade-consulting solutions, announced today its membership in the Blockchain in Transport Alliance.

Even with lower levels of automation, trucks could essentially work around the clock, but what will regulators do about the ELD hours-of-service rule?

Lumber prices are above $500 due to a convergence of high demand and tight supply. Eventually housing starts could be affected by rising material costs.

As the Trump administration makes public its intent to look at using tariffs to address what it believes are inequities in global trade markets, it set the stock market into a tailspin for good reason. We decided to lay out a basic primer and history lesson on tariffs.

The meeting was the first since railroad legend, and CSX CEO, Hunter Harrison died in December.

Aria Logistics, a women-owned logistics company located in the northeast, is proud to announce its partnership with the Blockchain in Transport Alliance.

AT&T has expanded its fleet management portfolio to now include Geotab’s fleet tracking platform as part of the company’s Internet of Things (IoT) solutions.

Trump recently announced plans to implement tariffs on steel and aluminum imports beginning next week. This move should help bolster the US domestic steel industry, but comes with many unintentional consequences affecting transportation and the economy overall

Gov. Phil Murphy said he wants to help reduce diesel truck pollution at ports, calling it vital to disenfranchised communities surrounding the ports.

Montreal-based Logistec has gained a stronghold in the U.S. Gulf through its purchase of non-union stevedoring company Gulf Stream Marine.

The Western Canadian port handled a record 142.1 million metric tons of cargo in 2017, with containerized cargo and bulk grain movements hitting new highs.

Match Factors, a pioneering invoice factor based in South Carolina, announced that it has joined the Blockchain in Transport Alliance (BiTA).

The survey’s numbers are all solidly negative.

Coal, steel, and the railroads that carry those commodities saw stock gains; auto companies and aluminum-intensive manufacturer stocks slipped on the news.

OnTruck creates a digital freight marketplace which brings shippers and carriers together and provides real-time visibility and transparency on freight logistics.  

The merged companies could mean the transformation of the way we consume soda, as well as the  consolidation of shipping and shelf space. The product can also bypass retail stores entirely and ship directly to consumers.

Data from the Institute of Supply Management shows that manufacturing activity remains robust in the economy, which has historically meant strong demand for trucking

Daimler Trucks North America has appointed Sanjiv Khurana general manager of trucks connectivity to support its connected trucks initiatives.

North America’s largest manufacturer of electric-diesel locomotives, and a global leader in transportation technology, announced that it joined the Blockchain in Transport Alliance today.

Despite its consistent growth, international trade is very fragmented with small businesses accounting for 1/3rd of U.S. imports. So how would freight movement be for such companies in the future?

The “initial formula” for bond calculation is expected to be finalized by late April, according to a document submitted prior to a quarterly meeting of U.S. Customs and Border Protection’s […]

Driver recruiting, media, data application expert, Ken Smith, joins the FreightWaves team as CTO. 

A consortium of private investment firms has agreed to purchase 94.9 percent of HSH Nordbank AG, which was at one time the largest provider of ship financing in the world, […]

The U.S. maritime regulator collected a total of $465,000 in civil penalties from the non-vessel-operating common carriers for allegedly violating the Shipping Act or commission regulations.

Insurance & Risk Management presented by Reliance Partners … U.S. companies moving freight across the border need additional insurance to cover their Mexican drivers, even if it is only within the border zone

Despite a 3.5 percent decline in January 2018, total throughput at the Port of Virginia so far in fiscal year 2018 is up 4.4 percent compared with the same period […]

U.S. Customs and Border Protection is still working with its Commercial Customs Operations Advisory Committee in finalizing new requirements for the Customs Trade Partnership Against Terrorism.

Shipment volumes for the month slid 1.7 percent from December, but were up 12.5 percent compared with January 2017, while expenditures fell 1.8 percent sequentially, but rose 14.2 percent year-over-year, […]

The Japanese shipping company will restructure April 1, which happens to be the same day its container shipping joint venture with “K” Line and NYK, referred to as the Ocean […]

Intermodal equipment provider and chassis pool operator TRAC Intermodal is expanding and improving the quality of its chassis fleet in the region in preparation for an expected surge in U.S. […]

Glider kits, or rebuilt trucks, are not exempt from the new emissions standards, but some people are using a Tennessee Tech study to help make the case they should be.

Drivers say they’re employees, though their classification is as a contractor

Seeking to provide a more comprehensive solution for fleets, Omnitracs has unveiled its Unified Fleet Management platform Omnitracs One.

Intelligent Audit, a technology leader in freight audit and payment, supply chain data analytics, and contract optimization, announced today that it has been admitted into the Blockchain in Transport Alliance (BiTA).

What people who are out on the road are talking about on social media this week.

It’s estimated that Tesla produces battery packs at a cost of $157/kwh, and the company has stopped claiming that it can dramatically reduce their cost. This puts the 1 mw Tesla Semi battery at $157k.

South Korea’s Hyundai Merchant Marine (HMM) has confirmed it will reenter the Asia-North Europe lane after a one-year hiatus as a vessel operator and order new ultra-large containerships this year […]

The German ocean carrier increased its operating result, revenues and volumes from 2016 figures, largely thanks to its acquisition of United Arab Shipping Co., which closed May 24, 2017.

Mike Toohey, CEO of Waterways Council, Inc., said several elements of President Donald Trump’s plan, including the proposed decrease of federal dollars, will be “non-starters” in terms of gaining industry […]

The global third-party logistics provider managed to increase earnings, revenues and volumes during the year, in addition to closing on various acquisitions.

United States gross domestic product (GDP) increased at an annual rate of 2.5 percent in the fourth quarter of 2017, according to the “second” estimate from the Department of Commerce, […]

The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement (NAFTA) rose 7.4 percent year-over-year to $93.5 billion for the […]

The International Trade Commission must now make final determinations on the Commerce Department’s findings that Chinese producers of aluminum foil are receiving unfair subsidies and dumping the product in the […]

The global third-party logistics provider introduced WMx, a cloud-based, mobile software platform that creates a single solution for warehouse integration.

NC Ports hires director of carrier and trade development, Dayton Freight Lines names regional vice president of operations, and the University of Denver appoints supply chain studies faculty member.

National van rate slips 1 cent.

Fears that electric vehicle growth might be stalled by limitations in the supply of lithium for lithium-ion batteries have been significantly undercut by a new report from Morgan Stanley that […]

New Prime, Inc. v. Oliveira hinges on whether lease-to-purchase drivers classified as “independent contractors” can get out of their arbitration clauses.

Durable goods orders fell in January, indicating that demand may be losing some steam after running hot over the past several months.

Used Class 8 truck prices increased 2% year-over-year in January, but fell 3% over December 2017, according to latest data from ACT Research.

College students should benefit from the University of Central Arkansas membership in the Blockchain in Transport Alliance through access to the development of the cutting edge technology.

The University of Central Arkansas has announced it has joined the Blockchain in Transport Alliance (BiTA), a forum for the development of blockchain standards and education for the transportation industry.

Several industry media outlets have reported that CMA CGM has placed an order for 12 newbuild container vessels that will be capable of running on liquified natural gas (LNG), but […]

Third-party logistics provider CEVA Holdings posted a loss of $197 million in 2017 compared with a $159 million loss the year before, according to the company’s most recent financial statements.

Sea World Management & Trading and Edmon Fajardo were convicted Monday of maintaining false and incomplete records related to oil and garbage discharges from a tanker that was operating off […]

Loadtap automates freight brokerage operations and also makes track and trace easier, all with the help of artificial intelligence. 

The Seattle-based third-party logistics provider posted net earnings of $489.3 million for the full year in 2017, a 14 percent increase from 2016, as revenues rose 7 percent to 2.3 […]

Although adverse currency exchange fluctuations caused Eimskip’s net earnings to tumble between 2016 and 2017, revenues surged, thanks to new acquisitions, volumes growth and increased international freight rates.

GE Transportation will supply freight locomotives to Ukrainian Railways, as well as additional locomotive kits over 10 years, the rehabilitation of locomotives in the railway’s fleet, and long-term maintenance services.

Qatar Navigation (Milaha) recorded a net profit of 469.8 million Qatari riyals (U.S. $129.1 million) for the year, as operating revenues slipped 2.4 percent to QAR 2.49 billion, according to […]

The class-action lawsuit filed in California on Monday alleged that the port drayage arm of XPO Logistics is misclassifying truck drivers as independent contractors.

Limited visibility, outdated information, errors compounding on errors amounts to one thing: unhappy customers.

American Global Logistics, a company that serves small to mid-sized companies, is looking to leverage blockchain to create a more transparent and effficient supply chain network. 

Home sales have fallen over the past couple of months, as poor weather and tax law changes have likely postponed some activity. Fundamentals remain strong for housing however, and sales should continue to improve going forward.

Geely, owner of Volvo Cars, has acquired a stake in Daimler AG and it has upset AB Volvo, which has decided not to put Volvo Cars’ chief executive up for re-election to its board.

Shippabo is a supply chain solution that helps businesses streamline their international shipping like air and bulk cargo.

The CEO of Maersk says that in 3-5 years, Maersk will be competing with UPS and FedEx, and recognized as one of their peers. But what’s the strategy?

Atlanta-based integrator United Parcel Service Inc. (UPS) is seeking 1.7 billion euros (U.S. $2.1 billion) in damages after regulators in the EU vetoed its acquisition of European parcel carrier TNT Express, […]

Over 1,000 local government leaders told Congress last week that heavier and longer trucks could harm the nation’s transportation infrastructure, despite companies like FedEx saying how an increased twin tractor-trailer […]

The Federal Trade Commission said the $400 million deal would violate antitrust laws by significantly reducing competition in an important market for marine water treatment chemicals and services.

DP World said its Doraleh Container Terminal was illegally seized Friday by the Djibouti government in attempts to force the terminal operator to renegotiate the terms of its concession.

U.S. Federal Maritime Commission Acting Chairman Michael A. Khouri has recently appointed Rachel Dickon to serve as the commission’s secretary and Brian Troiano to director of the Bureau of Enforcement.

The U.S. Treasury Department’s Office of Foreign Assets Control has sanctioned six individuals, 24 entities, and seven vessels for the illicit production, refining, brokering, sale, purchase or export of Libyan […]

International trade volumes ticked up 0.3 percent in December compared with the previous month, according to the latest World Trade Monitor report from the CPB Netherlands Bureau of Economic Policy […]

U.S. Customs and Border Protection has yet to implement alcohol excise tax cuts mandated through recently enacted national tax reform legislation, leaving the trade community wanting more clarity on when […]

Leading commodities, markets-data news, and blockchain expert joins FreightWaves as Executive Editor and BiTA’s Head of Member Engagement.