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Transplace, a leading provider of transportation management services and logistics technology solutions, today announced that it has joined the Blockchain in Transport Alliance (BiTA), the largest industry-specific blockchain standards organization in the world.
Cashflow Corner presented by TriumphPayDetention of drivers remains a significant problem in the industry, with few solutions in sight, although ELDs may be able to help smaller fleets and owner-operators enforce detention policies.
Matt Motsick, who founded the rate management software company a decade ago, is now fronting the freight forwarding ERP provider Swivel.
The global port and terminal operator said it will continue its organic growth in the next three years and that it is currently engaged in negotiations to acquire ports and […]
The New York Shipping Exchange (NYSHEX) has appointed four new members to its board of directors and launched what it calls the “governing NYSHEX Member Council,” which consists of representatives […]
The prices of fresh produce is expected to climb due to the ELD mandate and the FSMA mandate later this year.
Following the 2017 purchase of 41 generator sets for reefer containers, Canadian Pacific Railway (CP) has begun offering a new shipping service for perishable products, dubbed “CP TempPro.”
Signs are pointing to a new reality: self-driving trucks will help the industry. And the people who keep it running will continue to show us why they’re such an important part of the supply chain.
Unilever has pulled back the veil of secrecy on its palm oil supply chain hoping that greater transparency into the process can create greater efficiencies.
Flowspace is an on-demand warehousing startup that is helping businesses access warehouses faster and with lesser integration hassles.
Union Pacific is investing $550M in its new Brazos Yard in Texas, aiming to smoothly manage growth in two crucial sectors: Mexican automotive production and Gulf Coast petrochemicals and plastics.
Following reports that thousands of customer identification records were left open to public access, FedEx said those records have now been secured and there is “no indication that any information […]
A longtime shipping executive at United States Lines (USL) and Norton Lilly, John Griffith II is credited with helping to establish the first containerized shipping services in the transatlantic and […]
Deployed capacity from Asia to the Mediterranean has increased over the year, and according to Drewry, there is unlikely to be any let up.
The South Atlantic port handled 338,793 TEUs of containerized cargo for the month, a 2.2 percent increase from the same 2017 period, according to the latest data from the Georgia […]
The Federal Aviation Administration has proposed a $63,750 civil penalty against J&J Tech Group of Miami for allegedly violating federal hazardous materials transportation by stuffing “hundreds” of lithium batteries into […]
The Taiwanese ocean carrier will charter 10, 11,000-TEU ships and purchase 10, 2,800-TEU ships to replace outgoing vessels in its current fleet over the course of the next few years.
“Eagle GO. Guaranteed” service, which is designed to protect shippers from having containers “rolled” to the next voyage, is expanding from four to 29 Asian origin ports.
The U.S. and South Korea are kicking off a renegotiation of their 2012 free trade agreement.
Port Newark Container Terminal is entering a new phase of construction that will boost its annual handling capacity to over 2 million TEUs by 2019 in anticipation for incraesed volumes.
Trying to wrap your head around blockchain is not easy. No fear- we use college basketball to explain it.
The Port of Dover has been honored with one of the UK’s highest awards for its congestion mitigation efforts.
Apollo Global Management is reportedly planning to take its subsidiary CEVA Logistics public by April.
A number of companies have found new life – and revenue – simply by changing their name to include the word blockchain.
Drivers using certain J.J. Keller ELD devices have had issues transferring data to roadside enforcement, but the company is working on fixes and expects to have all devices updated by the end of the month.
Current financial news headlines are full of stories about inflation and the resurgence of inflation in the U.S. economy.
Drivers aren’t robots and one size doesn’t fit all, so in the absence of flexibility, wide-awake drivers attempt to sleep in rest stops on 10-hour breaks during the day, which is what makes the 14-hour clock so dangerous.
Commentary Where do we go from here? Rarely does a major Federal trial come knocking on your hometown’s court doors. The Pilot Fraud Trial is now a piece of Chattanooga […]
Spireon is hoping to solve trailer tracking issues for mixed fleets that require customization with its FL Flex modular trailer tracking solution.
St. Charles, IL-based Simple Logistics is the latest 3PL to become a member of the Blockchain in Transport Alliance (BiTA).
While producer price inflation for the overall service sector has remained fairly benign, hovering between 2-2.5%, freight trucking inflation has been accelerating rapidly. After a dismal 2-year period of declining rates within the trucking industry, prices have picked up, with inflation reaching a 6-year high in January.
Although overall cargo tonnage through the port inched up a modest 1.7 percent in 2017 from a year prior, container tonnage rose 10.9 percent.
Pioneering Sea-Land executive John R. Pyron was tasked in 1968 with convincing American shippers to use the country’s first commercial container service in the transpacific, and the company and trade […]
The Chinese e-commerce giant has entered into agreements with investors – including Hillhouse Capital, Sequoia China, China Merchants Group, and Tencent, among others – for the financing of its supply chain and distribution subsidiary, […]
The European Union’s international trade in goods surplus narrowed 28 percent to 25 billion euros (U.S. $31.1 billion) last year, as a 7.7 percent increase in exports was offset by […]
Textainer Group Holdings Ltd. and CAI International both improved profits in 2017 compared to the prior year.
Congratulations to New Jersey for the absolute worst congestion and by far the worse disbursement per mile!
Short-line and regional railroad operator Genesee & Wyoming has entered into a strategic partnership with short-haul and drayage trucking platform provider Cargomatic.
House Transportation and Infrastructure Committee member Alan Lowenthal, D-Calif., told American Shipper that Trump’s plan resembles a “skeleton” with “no meat on it,” in contrast with the House Sustainable Energy […]
The U.S. House of Representatives passed H.R. 4979 Tuesday under an expedited floor procedure, which would renew the Generalized System of Preferences program through 2020.
The two-year Bipartisan Budget Act of 2018 will increase caps on discretionary federal spending by $296 billion, including $165 billion for the Department of Defense, plus provide an additional $90 […]
The Department of Homeland Security is proposing $1.6 billion to drive construction of 65 miles of new southern border walling, and $1.9 billion for Coast Guard recapitalization to “secure maritime […]
The Campaign for Accountability (CfA) alleges that Heath Hall, who recently resigned as deputy administrator of the Federal Railroad Administration (FRA), violated criminal law by making false claims about receiving […]
14 Pilot Flying J employees pleaded guilty before the trial started. Now Mark Hazelwood, Scott Wombold, and Heather Jones join their former colleagues as newly minted felons.
E-commerce giant JD.com is expanding their reach and efficiency.
It seems so simple, but basic attention to detail can help prevent an unwanted interaction with law enforcement, which can lead to increased insurance premiums.
The Federal Reserve reported that total industrial production declined 0.1% in January from December’s levels, weighed down by a 1% decline in mining output in the economy.
The Morpheus.Network, the full-service, global, automated supply chain system with integrated cryptocurrency payments, joins BiTA in building the ultimate importing and exporting platform on the blockchain.
The Owner-Operators Independent Drivers Association has joined efforts to change the current hours-of-service rules to allow drivers to stop driving when they are tired.
A long political fight over an uncontroversial nominee comes to an end
OpenPort, the digital logistics platform that uses blockchain technology to transform domestic distribution in emerging markets, today announced that it has joined the Blockchain in Transport Alliance (BiTA).
SeaIntel Maritime Analysis highlighted how utilization and rates on both the Transpacific and Asia-Europe container trades fell in late 2017 when carriers failed to limit capacity.
The trucking trade group has petitioned the agency to allow drivers to stop their 14-hour clock to take a rest break for up to three straight hours, and to eliminate […]
The e-commerce giant is partnering with Berkshire Hathaway and JPMorgan Chase to create a new company that aims to reduce healthcare costs for their U.S. employees, the firms said in […]
Federal Railroad Administration Chief Counsel Juan Reyes on Thursday defended his agency’s enforcement of positive train control, an anti-crash technology railroads are expected to implement by Dec. 31, 2018.
Despite the Southern California port’s container volumes falling 2 percent in January 2018 from 12 months prior to 808,728 TEUs, it was only the seventh time it had eclipsed the […]
U.S. Customs and Border Protection processed $2.39 trillion in imports during the year, with the number of imported cargo containers at U.S. ports of entry totaling over 28.5 million, a […]
Customers want more visibility and creativity than ever; technology solutions must be nimble enough to add value for a customer without adding a burden; just because you spend on technology doesn’t mean you’re truly tech-oriented.
The port said its increase in exports, which increased 2.1 percent to 74,883 TEUs, were boosted by a weak dollar.
Lower sulfur fuel is expected to reduce deaths and illness from small particulate matter, but its use could also contribute to global warming.
The market’s coming up roses for trucking companies, but some company stocks are still viewed as a little high.
On top of creating a Godzilla-size footprint across the world, Amazon has also put together a string of strong quarters, 11 to be exact. How significant is their disruption into the carrier space?
Panelists from Bosch, eNow, Motiv, and Thor discussed the state of the electric truck industry and the technical and commercial challenges facing automobile electrification, especially battery technology.
Retail sales showed unexpected sluggishness in both January and December, which was revised downward.
In all, 35% of Americans will purchase flowers this year, says the Society of American Florists, totaling some $2 billion in sales, and the most of them get to their destinations via the trucks.
Surfing the web and finding what truckers and others are saying about how things are out there on the road.
Werner Enterprises (NASDAQ: WERN), a transportation and logistics provider, is pleased to announce its collaboration with the Blockchain in Transport Alliance (BiTA), an alliance formed to ensure standardization of blockchain technology in logistics and throughout the supply chain.
The U.S. Senate confirmed Ronald Batory as administrator of the Federal Railroad Administration and Ray Martinez as administrator of the Federal Motor Carrier Safety Administration.
The Japanese shipping company revealed Tuesday that employees at its car carrier unit subsidiary in China may have “committed unlawful expenditure or embezzlement.”
The National Transportation Safety Board last week released its final report on the investigation of the El Faro, a cargo ship that sank in October 2015 during Hurricane Joaquin while […]
Lima, Penn.-based third-party logistics provider Pilot Freight Services saw its revenues rise 10 percent year-over-year to $639 million in 2017, according to a recent statement from the company.
Autonomous vehicles may be coming, but it doesn’t appear to be very soon.
A U.S. District Court in Minnesota sentenced a former Canadian Pacific Railway employee to a year in prison on Tuesday for his deliberate attempt to sabotage the company’s computer system.
Terminals operated by Yildirim Group subsidiary Yilport Holding handled 4.3 million TEUs of containerized cargo in 2017, and the firm expects to move 4.73 million TEUs this year, Yilport said […]
Short-line and regional railroad operator Genesee & Wyoming (G&W) posted a net income of $549.1 million for the year, a 289 percent increase from 2016, according to the company’s latest […]
The informal Freight Alley local social brought heavy hitters in the logistics industry to the FreightWave’s Chattanooga offices for a local meet and greet last Wednesday, February 7
Craig Fuller, Kevin Haugh, Abtin Hamadi, Tom McLeod, and Edward Ryan discussed the technological approaches to solving some of the transportation industry’s most intractable problems: the driver shortage, capacity utilization, and payment inefficiencies.
TrueNorth announced that it has joined the Blockchain in Transport Alliance (BiTA).
One unique vision for congestion improvement comes out of Georgia: a toll-free, truck-only highway running through one of the most congested corridors in the state.
Gerdin says timetable could speed up on the back of a strong freight market.
The Index for Small Business Optimism jumped two points to 106.9 in January in an encouraging sign that the nation’s small and independent businesses have shrugged of some of the recent political turmoil in Washington and are looking forward to the expected boost in economic activity.
UPS is asking for inclusion of part-time drivers to make Sunday deliveries and also to allow use of personal vehicles in its latest demands in contract negotiations with the Teamsters, according to reports.
Xeneta is a freight rate benchmarking platform focusing on ocean freight. It aggregates rate data from various companies into a platform and provides market average rates, lows and highs to its customers.
However, the South Korean ocean carrier recorded a deeper net loss for the year, partly due to a 479.5 billion won loss in the book value of 10 containerships sold […]
Demand is poised to outstrip supply in all three segments of the international ocean shipping industry in 2018, but risks of an ill-timed “ordering spree” for new ships remain, according […]
The Hoofddorp, Netherlands-based third-party logistics provider will seek an initial public offering that would value the company at $1.5 billion by April, according to a report from the New York […]
Cashflow Corner presented by TriumphPay You’ve taken the leap and decided to purchase your own truck. Or maybe you run a small fleet and have a handful of trucks. In either case, the next challenge is upon you: maintaining those vehicles, because if a truck isn’t running, it isn’t making any money.
The Southern California seaport handled 657,830 TEUs of containers in January, 12.9 percent more than in January 2017, and an all-time high for the month.
Chicago-based freight broker and third-party provider Echo Global Logistics posted a net income of $13.3 million in the fourth quarter of 2017 compared to a $3 million loss the previous […]
The containership owner recorded a net income of $22.8 million for the quarter, a sharp increase from a net loss of $446.6 million for the fourth quarter of 2016 when […]
Net orders for North American Class 8 trucks in January 2018 jumped 28 percent from the previous month and 116 percent compared with January 2017, according to preliminary data from […]
MSC selects Terminal Investment Limited (TiL) CEO, Port of Redwood City executive director retires, the Suddath Companies appoints president of Global Logistics, and the Chartered Institute of Procurement & Supply […]
Heartland has five “sell” ratings from equity analysts, seven “hold” ratings, and one “underweight.” That has not shifted much in recent months.
President Trump issued his broad goals for infrastructure, but encouraged private investment over public
In these polarized times, one thing it seems everyone wants to see is improved roads and bridges. And to no one’s surprise, the devil is in the details.
The U.S. Energy Information Agency has released its Annual Energy Outlook for 2018, with projections to 2050. The EIA calls for massive growth in oil and LNG production and exports over the next few decades, which will be a boon for the trucking industry.
Schneider (NYSE: SNDR), a provider of transportation and logistics services, is now a member of the Blockchain in Transport Alliance (BITA).
After several delays, Rhode Island Department of Transportation (RIDOT) workers have begun installing truck toll gantries in the state this week. The project, which will collect truck-only tolls at 12 locations in the state, is estimated to raise about $470 million in tax revenue over 10 years.
Data is a crucial resource that enables fleet managers to streamline their internal processes and GPS technology is a key part of the equation.
Though the ELD mandate has been in effect since December 2017, the compliance rates for fleets with less than 10 trucks have been low and will stay that way this year.
