AAR: U.S. rail traffic ticks up 0.1% in January
Total U.S. rail volumes were relatively steady in January 2018, as a 3.4 percent year-over-year decline in carloads was offset by a 3.5 percent increase in intermodal traffic, according to […]
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Total U.S. rail volumes were relatively steady in January 2018, as a 3.4 percent year-over-year decline in carloads was offset by a 3.5 percent increase in intermodal traffic, according to […]
Taiwanese ocean carrier Evergreen Marine Corp. on Thursday entered an agreement with Samsung Heavy Industries to construct eight 11,000-TEU containerships, with deliveries starting in early 2020.
German business associations say they are fed up with an increase of cargo thefts throughout Germany and have launched a joint initiative to fight back.
The BuildCoin Foundation is envisioning a blockchain related ecosystem which can help expedite the construction of global infrastructure projects via public-private partnerships.
UPS has started an international guaranteed midday freight delivery service for cargo originating in 71 countries and shipped to 35 destination countries.
Freight forwarder Gebrüder Weiss has expanded its home delivery service beyond Austria to include the Czech Republic, Croatia, Hungary and Slovakia.
International Chamber of Shipping (ICS) appoints secretary general, BNSF Logistics and Choice Logistics both name new president, and HubTran hires vice president of sales.
The LTL, last-mile and third-party logistics provider’s performance was boosted by strong economic growth in the United States and Europe, booming e-commerce volumes and $2.8 billion in new business, CEO […]
“It is hard to imagine a more clear scheme to defraud,” prosecutor Trey Hamilton said.
Blockchain in Transport Alliance (BiTA), the largest industry-specific blockchain standards organization in the world, today announced its newest member, J.B. Hunt Transport Services, Inc., one of the largest supply chain solutions providers in North America.
What exactly is going on with all these truck orders? ACT Research reported that January Class 5-8 preliminary orders came in at a surprising 80,400 units. Class 8 orders alone accounted for 48,700 units, their best month since March 2006.
Seasonality has finally hit van rates as available loads dropped 6% last week, according to DAT.
Blockchain in Transport Alliance (BiTA), the largest industry-specific blockchain standards organization in the world, today announced its newest member, J.B. Hunt Transport Services, Inc., one of the largest supply chain solutions providers in North America.
Blockchain technology has the potential to massively improve processes within the freight industry. LoadBlock, an Arizona-based start-up, is capitalizing on this shift in technology by developing blockchain-integrated systems.
This video shot in 360 degrees follows a book on its journey through a Penguin Random House fulfillment center.
The National Association of Truck Stop Owners has released a study showing a correlation between commercialized rest stops and lower available truck parking. We discuss the findings as well as the study’s limitations.
The annual growth in total North American intermodal shipments was helped by a strong fourth quarter in which volumes grew 5.8 percent year-over-year, according to recent statistics from the Intermodal […]
The Class I railway said the largest component of its 2018 capital investment plan will be to replace and maintain its core network and related assets.
Senior UPS Economist, Ibrahiim Bayaan joins the FreightWaves team as Chief Economist.
SEKO Logistics appoints vice president of global airfreight, Port Tampa Bay hires VP of finance, and Evans Distribution Systems name IT director.
Today brought closing arguments on behalf of the defense for the Pilot Flying J fraud trial.
The Wall Street Blockchain Alliance and BiTA announced a partnership to define the impact of blockchain technology for the global transport markets.
Velocity Freight Transport, Inc. (Velocity Transport) announced today it has joined BiTA.
With more regional and local deliveries due to e-commerce, there is more opportunity for truck drivers to find less-than-truckload freight, but knowing how it is billed is critical to winning contracts.
There are many stock analysts that have been predicting a stock market decline. The question now becomes, are we looking at a correction or something more indicative of a slowing economy?
The port handled a record 6.71 million TEUs last year, partially fueled by the completion of the Bayonne Bridge project in June 2017, allowing ships up to 18,000 TEUs to […]
The Dow Jones Transportation Average (DJTA) slipped 3.2 percent to 10,350.41 on Monday and continued to fall in early morning trading on Tuesday after reaching an all time high in […]
The $419 million deal will see Kirby Corp. absorb Higman Marine’s transportation fleet of 159 inland tank barges with 4.8 million barrels of capacity, and 75 inland towboats, according to […]
Chen Zhu, general manager of COSCO Shipping Lines in Pakistan, was shot and killed in what local authorities are calling a “targeted attack,” according to multiple media reports.
New truck orders jumped in January, reaching their second highest level on record, according to data from FTR and ACT Research.
DHL Global Forwarding expanded its presence in key Southern border states in order to satisfy the needs of local customers that require airfreight, ocean freight, customs brokerage, warehouse and domestic […]
Warren, Mich.-based Universal Logistics Holdings, Inc. acquired Fore Transportation for $34.9 million, subject to customary post-closing adjustments.
Hong Kong-based containership lessor Seaspan Corp. expects to take delivery of the second of two 2006-built container vessels by the end of the month and charter them to Danish ocean […]
The German ocean carrier said it believes it’s important for it to have its own office in Tema with the development of its West Africa services, which call at Tema.
Jury deliberations in the Pilot Flying J trial begin tomorrow. We’ve learned as much about the importance of data analytics as we have about fraud.
Ocean carrier APL is joining CNC Line’s intra-Asia JTXCNC loop from Tokyo on Feb. 27.
Intermodal cargo that previously moved via the Port of Jacksonville will now be routed via Port Everglades.
The third-party logistics provider has recently relocated the headquarters office for its Iberian operations to a new location in Madrid.
Transport stocks were not immune to the big sell-off on Wall Street on Monday, with the Dow Jones Transport Index falling 336.77 points to 10,350.41, a 3.15% fall on the day.
BNSF Railway Company (BNSF) recently became the first Class I railroad to join the Blockchain in Transport Alliance (BiTA).
Amtrak train 91, which was traveling from Penn Station in New York to Miami, should have been on the main line, but it was directed to tracks just east of it, where a CSX train was parked.
BNSF Railway Company (BNSF) recently became the first Class I railroad to join the Blockchain in Transport Alliance (BiTA).
Supply chains are such a complex enterprise, that it’s nearly impossible to solve any one problem without it impacting another part of the chain. That was one of the main points that Michael Zargham, founder and CEO of BlockScience, said during a discussion last month in New York City.
Transparency18 Sponsored article An estimated 17M ocean shipping containers make approximately 200M trips globally on an annual basis. A typical international shipping container is interchanged between 8-10 parties before the […]
Freight brokers’ revenues went up but margins went down in 2017; Amtrak blames CSX for yesterday’s crash; Hazelwood won’t testify in Pilot trial; oil tanker shipping rates crater; click through for more!
The Baltic Exchange is changing one of their signature indices, the Baltic Dry Index, which averages shipping rates for raw materials like coal, ores, and grains. Baltic is hoping to make the BDI a more attractive benchmark for futures investors.
U.S. Reps. Jeff Denham, R-Calif., and Michael Capuano, D-Mass., said they look forward to hearing how efforts are coming along on the implementation of positive train control, which can prevent […]
The Nuro is a self-driving vehicle designed to run your errands for you. It is poised to change the way that businesses interact with their local customers.
The Boston Consulting Group named seven areas where liner carriers need to focus their efforts and investment to meet challenges from non-asset-based digitally-focused companies and technology-first freight forwarders.
The port’s planned project to construct a container terminal capable of handling 1.14 million TEUs per year on its land in Contrecouer has been submitted to the Canadian Environmental Assessment […]
Transportation and logistics companies added 11,100 jobs for the month following a revised 11,600-job gain in December 2017, according to recent preliminary data from the U.S. Department of Labor.
Drayage provider RoadOne IntermodaLogistics has effectively acquired intermodal trucking operator Robin Hood Container Express, it’s third such acquisition in the past 18 months, the company said in a statement.
The German ocean shipping company has completed the acquisition of 100 percent of the business shares in E.R. Schiffahrt GmbH & Cie. KG.
The 6,350-TEU MOL Prestige experienced an engine room fire last Wednesday in the Gulf of Alaska at approximately 9:00 p.m. standard time while en route to Tokyo.
Dutch non-profit port community organization Portbase is partnering with PORTRIX LOGISTIC SOFTWARE to deliver the latter’s verified gross mass (VGM) application to its customers in the Netherlands, the companies said […]
Specialist African ocean carrier NileDutch is working with Transmetrics, a tech startup that provides predictive logistics solutions, in an effort to streamline the firm’s empty container flows and increase efficiency.
Calgary-based Class I Canadian Pacific Railway (CP) has opened its new Asia home base in Shanghai in an effort to further build its book of business, as well as strengthen […]
The Atlanta-based parcel giant will start a daily, non-stop flight on Feb. 27 from its Louisville, Ky. hub to Dubai.
RightShip appoints new CEO; KAG Logistics hires EVP of logistics, chemical and specialty products, senior director of business development, and director of logistics solutions; and Stimson Center names managing director.
China’s ambitious Belt and Road Initiative (BRI) is slated to head north to the Arctic, Reuters reported. Global warming has opened up new shipping lanes that China plans to exploit.
An open letter by “A thousand upset truckers” to the Northwest Seaport Alliance (NWSA) was posted on the Facebook page of PierTrucker.com/Seattle, declaring its opposition to the planned phase-out of trucks with pre-2007 engines contained in proposed House Bill 2601.
In spite of a sea change in technology, the US DOT report released Jan. 31st, says the costs of rigorous data collection and analysis would likely outweigh the benefit. Instead, they provide a lot of data from 2013-2014.
Most shippers, carriers, and students of the freight market spend most of their time focused on a particular mode. It makes intuitive sense that you would focus on the mode that you spend the most time in which you are buying services or providing services. Net result, there are plenty of experts in rail, truck, and intermodal/container freight, and with the ongoing prodigious growth of e-commerce, there is a growing number of experts in parcel freight. That said, we continue to be surprised how little attention overall is given to airfreight.
Automotive cybersecurity is even more critical in the era of connected vehicles. Trillium has finally delivered a solution that’s unhackable… so far.
The annual American Trucking Associations’ Technology & Maintenance Council annual meeting is one of those trade shows that industry professionals come away with not just knowledge, but best practices that will guide them throughout the year.
Some early adopters of the Tesla Semi are receiving another advantage – help with designing and building electric charging stations for the trucks.
SDG&E is working on electrification projects in the region of San Diego to expand its electric vehicle charging network and cater to the growing EV needs of the region.
The Atlanta-based parcel giant and third-party logistics provider has announced an additional $12 billion in investments in its Smart Logistics Network and pension funding.
The mid-Atlantic port on March 1 will commence the roll out of its motor carrier appointment system, dubbed “PRO-PASS TRS,” at Norfolk International Terminals (NIT) and will migrate it to […]
Container volumes at the Port of Philadelphia (PhilaPort) grew 19 percent year-over-year in 2017, the fastest rate of any U.S. East Coast port, according to a statement from the port.
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).
The port is enhancing its entire 42-kilometer port area – from the City of Rotterdam all the way into the North Sea – with IBM Internet of Things (IoT) technologies […]
Often referred to as the “father of the Chinese container shipping industry,” Li Kelin passed away Feb. 1, 2018 in Shanghai, according to a statement from China COSCO Shipping.
The mid-Atlantic port handled a record 596,972 containers during 2017, an 11 percent increase over its previous high-water mark of 538,567 containers set the year before.
It wasn’t that long ago that many analysts believed the demise of Blackberry was close at hand. They were so wrong.
The container terminal operator handled 14.41 million TEUs in 2017, a 1.4 percent decline from the prior year.
Cargo Network Services has appointed Michael White to serve as president, succeeding Lionel van der Walt, who left the organization earlier this year to become executive vice president and CEO […]
JD.com, China’s largest retailer and one of Asia’s largest internet companies, joins BiTA
U.S. Customs and Border Protection is transforming revenue collection at ports of entry from hard currency and paper check, to online and electronic options through its Revenue Modernization Program.
A former Canadian prime minister, former Mexican commerce secretary, and former U.S. ambassador to Mexico said during a Senate Foreign Relations Committee hearing that Washington should recognize the benefits the […]
The finding from the International Trade Commission (ITC) of no domestic injury from large civil aircraft from Canada will prevent the U.S. government from moving forward with hefty duties on […]
The U.S. Treasury Department’s Office of Foreign Assets Control has added five more North Korean shipping companies and their vessels to its growing sanctions list.
Businessman Peter Zuccarelli was sentenced by a U.S. district judge this week to 46 months in jail for his role in conspiring to smuggle and illegally export hardened integrated circuits […]
Sabrewing’s battery-less, gas-electric hybrid can fly anytime, anywhere, over and around weather –- and can carry up to 3,000 lbs. of cargo up to 5,000 miles.
Warehouse development and lease prices are rising through the roof as available land dwindles, and the vacancy rate hovers at an historic low. Shippers and 3PLs who want to expand must optimize the operations of their existing facilities.
With one round of electronic logging device (ELD) madness behind, and another likely upcoming ahead of the April 1 hard enforcement date, Transflo President & CEO Frank Adelman says his company is prepared for another round of drivers rushing to get compliant devices.
Fleet Complete, a provider of global IoT provider of mission-critical fleet, asset, and mobile workforce management solutions, has expanded its European operations with the acquisition of Ecofleet, a telematics provider in the Nordic and Baltic regions of Europe.
When capacity is tight and rates are high, to get the best deals, it pays to be a Preferred Shipper. But what is that, and how do you become one?
Conditions improved slightly for shippers in November according to FTR’s Shippers Conditions Index (SCI). The SCI recorded a -8.9 for November, slightly better than October but still solidly negative, the firm said.
As seemingly simple as the rule sounds – ensure food is safe during transport – it is anything but. The FDA’s food safety regulation, says, Sam Rizzitelli, transportation practice lead for the Americas for Allianz Global Corporate & Specialty, has opened up new concerns from an insurance impact.
Energy Transport Group, a diversified cross-border transport company serving North America, has joined the Blockchain in Transport Alliance (BiTA).
The Atlanta-based parcel giant posted a net income of $4.9 billion for the full year on revenues of $65.9 billion, year-over-year increases of 30.1 percent and 8.2 percent, respectively, according […]
The Atlanta-based parcel giant’s additional order for 14 more 747-8 and four 767 freighters was fueled by increasing customer demand for air cargo capacity.
Now North America’s largest provider of truckload services, Knight-Swift Transportation Holdings recorded a net income of $447.6 million on revenues of $1.4 billion for the quarter, according to the newly […]
Hyundai Merchant Marine will transport 10 million tons of crude oil from the Middle East to South Korea over a period of five years, from July 1, 2019 through Aug. […]
With all the purchasing of team apparel and snacks that takes place around the Super Bowl, it’s imperative those goods make it to retail locations on time. It takes a Big Game logistics operation to make it happen.
Jeff Miles, who recently worked as a senior executive with the North Carolina State Ports Authority and a native Indianan, will serve as director of the Port of Indiana-Jeffersonville.
U.S. Chamber of Commerce adds two to International Affairs division; Hoyer Group appoints chief financial officer; CEVA hires managing director for UK, Ireland and Nordics; and CSafe Global names two European […]