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Brian Straight Tuesday, December 5, 2017

A key to blockchain is the data

Like all of the companies at the first Blockchain in Transport Alliance (BiTA) meeting, held last month in Atlanta, TMW Systems sees blockchain technology playing a critical role in the freight transportation industry going forward.

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FreightWaves Staff Friday, December 1, 2017

More volume, fewer taxes for transport

Almost every freight flow is growing. Some are growing a little and some are growing a lot, and all of them are accelerating in their rates of growth. Transports are surging as the underlying strength in both the consumer and industrial goods flow continues to improve. We see this as extraordinarily bullish for the overall U.S. economy.

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FreightWaves Staff Friday, December 1, 2017

SCFI rises 3.8%

Spot container rates from Shanghai to Europe, the Mediterranean and the United States all increased since last week, according to the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI).

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Brian Straight Thursday, November 30, 2017

Taking the cautious approach to ICOs

Just as people are getting used to the concept of blockchain and Bitcoin, now we have something called initial coin offerings (ICOs), which use cryptocurrencies to raise money. Sometimes called token sales or TGEs, they are becoming a popular way for companies, especially startups, to raise funds.

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Brian Straight Wednesday, November 29, 2017

How to control your fuel costs

Fuel surcharges have a long history in the transportation industry, dating back to the Arab oil embargo in 1973 by most accounts. While the early days of surcharges were straightforward to calculate, that is no longer true, and they may not even be the best way to manage costs anymore.

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Brian Straight Wednesday, November 29, 2017

What makes up a blockchain?

When people discuss blockchain, often the concept is too abstract to grasp. In many respects, you need a phD to understand it. So it was fortuitous for Blockchain in Transport Alliance (BiTA) members that the group’s first meeting in Atlanta recently had just such a person.

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Brian Straight Wednesday, November 29, 2017

Getting up to speed on blockchain

Regardless of their level of knowledge on blockchain, attendees at the first BiTA meeting were engaged by Ken Craig, senior vice president of special projects for McLeod Software, as he delivered an energetic and entertaining primer on Blockchain 101. 

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FreightWaves Staff Tuesday, November 28, 2017

Little progress made on recent NAFTA talks

As the talks concluded last week on Round 5 of the North American Free Trade Agreement (NAFTA), the 3 NAFTA ministers included among the 30 negotiating parties agreed to “step back” to give negotiators additional time to “analyze proposals and conduct internal consultations,” according to LandLine Magazine.

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Brian Straight Tuesday, November 28, 2017

Planning for a cash shortage

If your small trucking company seems like it is operating on a week-to-week basis, you are not alone. According to a new survey from Mercator Advisory Group, 75% of small businesses in the U.S. routinely delay purchases at least once or twice a year because of cash flow issues. You can minimize this impact, though, through proper planning.

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