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Scania is the only truck maker fined by the European Commission (EC) in September to appeal that decision, and is maintaining its innocence against charges it participated in a cartel with other truck makers to fix pricing. The company has filed an official appeal against the EC decision.
Today marks the 26th year that Wreaths Across America volunteers will spend their day placing wreaths on U.S. military veteran’s graves across this country, including at Arlington National Cemetery.
Everyone who is even remotely aware of the trucking industry in the U.S. knows that the ELD rule goes into effect on Monday. Time will tell, but if there are not massive numbers of trucks parked on the side of the road, and shippers are actually able to find trucks to move loads, we will not be surprised.
Don Tapscott, business executive and blockchain thought leader, has been confirmed as a keynote speaker for FreightWaves’ Transparency18 conference. Tapscott combines a deep knowledge of the ways that technological innovation has changed business over the past thirty years with his up-to-date network of blockchain researchers.
Taiwanese company Foxconn Technology Group is planning to build a manufacturing plant in Mount Pleasant, WI, and now wants the state to build it a roadway for autonomous vehicles
In 2009, Jason Schenker founded Prestige Economics, a top-ranked financial market research firm.
Dan Piscatelli has been appointed as CFO of TransRisk, and former TransRisk CFO, Dan Conner, has been appointed as CFO of Blockchain in Transport Alliance (BiTA).
CSX Corp. CEO Hunter Harrison has taken a medical leave of absence from the railroad due to complications from a recent illness. Investors sold off the company stock, causing a 12% drop and $6 billion loss in company value in morning trading.
Go99, a digital freight-matching marketplace based out of Vancouver, Canada, has achieved a major revenue milestone and now it is setting its sights on expansion with the rest of Canada and busy lanes in the U.S. on its target.
The Canadian port will invest $400 million in a new container handling terminal along the St. Lawrence-Great Lakes Trade Corridor as part of Quebec’s Beauport 2020 investment project.
Intermodal industry analyst FTR and load board Truckstop.com have found that despite ongoing wildfires in the Los Angeles area, California outbound van volumes were at a “normal” level for early […]
Since last week, spot rates from Shanghai to the U.S. West Coast jumped 9.7 percent, while spot rates from Shanghai to the U.S. East Coast increased 9 percent, according to […]
Trains are easier to run with autonomous vehicle technology, so they should come before self-driving cars, right?
The project involved three suction hopper dredgers creating 250 hectares of new land to accommodate many terminals and wharves, according to dredging contractor Van Oord.
Acquisitions will remain an important driver of growth for third-party provider St. George Logistics (STG), according to Konrad Salaber, managing director at Wind Point Partners, the private equity firm that […]
Port Corpus Christi in the Texas Gulf continues to make investments in infrastructure, including another 25-acre laydown yard, in an effort to attract wind turbine component manufacturers to its docks.
The Johns Creek, Ga.-based less-than-truckload (LTL) operator and logistics provider is planning on opening an additional four to five terminals in the Northeast in 2018.
YRC Worldwide CEO intends to retire; Bahri appoints new CEO; the GAC Group names managing director of GAC North America – Logistics; and the Tanker FFA Brokers Association elects chairman.
Canada and the United States have piloted pre-clearance of passengers at designated airports, and newly approved Canadian legislation promises to expand this activity to other transport modes and cargo.
Target has made a massive investment in Shipt, a same-day grocery delivery service for online orders that relies on personal shoppers. Target hopes to challenge the rapid growth of Walmart’s online food sales and wants to offer same-day shipping for all of its products by the end of 2019.
While all projections point toward a big future for EVs, one big question remains—what type of battery will emerge as the winner?
Morgan Stanley and SIG see great prospects for truckload carrier stocks going into 2018. Large carriers’ valuations should benefit from both the ELD mandate and the GOP tax reform.
With the evolution of trucks into computers on wheels, cybersecurity becomes more of an issue. Autonomous trucks are especially an attractive target for the hacking community.
YRC Worldwide CEO James Welch announced he will retire in July 2018. Current YRC Freight President Darren Hawkins is expected to be named to succeed Welch by the Board of Directors at its July 2018 meeting, the company said in a release.
To get a more detailed look at the impact ELDs are having on the industry, FreightWaves talked with drivers and a fleet that has been running the devices, and each has reported different experiences, but in the end, the concern of all of them is that the devices simply work.
Sustainability initiatives are good for business, the long-term health of urban citizens, and the environment, but it will take long-term thinking and engaged problem-solving strategies. (Shutterstock)
The drivers’ unionization vote is at least the fourth such decision by intermodal company workers in the past 13 months, according to the Teamsters union.
The Berlin, Germany-based digital freight forwarder secured $20 million in a Series A funding round just 18 months after its initial market launch.
The Port of Corpus Christi Commission voted to approve a lease agreement with Gulf Coast Growth Ventures Asset Holding LLC, an ExxonMobil-SABIC joint venture, for a 13-acre multi-purpose cargo dock […]
The U.S.-based air carrier now offers seven certified pharma facilities in Europe that connect to its Atlanta hub in the U.S., Delta announced on Wednesday.
The Port of Galveston appoints port director; Ryder names rental sales executive for Scotland; Sandler, Travis & Rosenberg adds an advisor in its export controls and sanctions practice; and the […]
Sydney, Australia-based Global logistics software provider WiseTech Global, which has made seven other various acquisitions around the globe throughout the year, has snatched up warehouse management solutions (WMS) provider Microlistics.
The Fed has raised interest rates to 1.25%–rates on new loans, equipment leases, old variable debt, and factoring services will all go up.
The adoption rate for ELDs is slowly inching up as more fleets come into compliance with the law, which goes into effect on Dec. 18.
The enormity of the trucking industry can be realized by looking at the myriad of industries that depend on freight hauling for their sustenance and growth. Add the fracking industry to that list as frac sand has become a major commodity.
Weak workforce training, high corporate tax rates, poor road & rail infrastructure quality, and a lack of regulatory transparency are all hurting America’s competitiveness as a manufacturing location.
The Budweiser brewer says this is part of its strategy to reduce the company’s carbon emissions by 30% by 2025.
Dry van spot rates hit a 3-year monthly high in November, according to data compiled by DAT Solutions. The November rate was $2.07 per mile, the highest monthly average since December 2014, the firm said, and 5 cents above October levels.
Both East Coast Transport (ECT) and the Blockchain in Transport Alliance (BiTA) believe blockchain is one of the most significant developments for the industry since the creation of the internet. ECT has joined BiTA to part of that development.
In an interview with FreightWaves, Tadmore Transportation CEO Pete Emahiser says the blockchain will create a common language that carriers, shippers and brokers can all speak, but he also forsees other possibilities, including a capacity blockchain.
While more and more fleets are utilizing thousands of data points to make operational decisions, insurance providers are tapping into those same data points to help create more accurate risk profiles of carriers and their drivers to build improved insurance offerings for those fleets. And at a lower cost in some instances.
The council has requested that the city attorney submit a written report with options regarding how to mandate fair wages and working conditions for employees that work for companies operating […]
The Federal Motor Carrier Safety Administration (FMCSA) notified the Truck Renting and Leasing Association (TRALA) that it plans to grant the association’s request for a 90-day waiver from the electronic […]
U.S. Federal Maritime Commissioner William P. Doyle, Sr., who is stepping down from the regulatory body Jan. 3, was selected by the Dredging Contractors of America’s board of directors to […]
According to container terminal operator Hutchinson Ports, Felixstowe is the first United Kingdom port to handle over 1 million TEUs by rail in a single year.
Samsung Heavy Industries appoints chief executive officer; the Association of American Railroads names senior vice president of communications; the Baltic Exchange Advisory Council elects chairman; and iTradeNetwork names senior vice […]
The Rhode Island Trucking Association (RITA) has called out the Rhode Island Department of ansportation (RIDOT)’s allegedly inadequate environmental assessment (EA), hoping that the Federal Highway Administration (FHA) will reject the report.
More than 400,000 Freightliner and Western Star Trucks are being recalled by Daimler Trucks North America (DTNA) due to a potentially defective brake light.
Technology startup FR8 Revolution has received an investment from Sandhills Publishing as well as announced a new technology partnership with the company.
UPS faces a major strike threat from 1,300 disgruntled aircraft mechanics, but the good news is that most Christmas e-commerce orders are already onshore.
Recently, Mexico shifted into a supply-and-demand based pricing structure for its fuel markets, ditching the old system where the government set the fuel price through state-owned oil company Pemex as it seeks to attract more U.S. investment.
The increasing use of mobile technology has spawned a new industry that many in trucking – from drivers to fleets – can take advantage of: peer-to-peer (P2P) payments.
The Federal Aviation Administration proposed a $1.1 million civil penalty against Braille Battery, representing the largest civil penalty the agency has proposed for alleged illegal air transport of lithium batteries.
The demands of today’s marketplace are moving in one direction: giving us exactly what we want, when and where we want it. In his 2016 Ted Talk, Alan Amling reimagines the supply chain of the future. By integrating ideas from the past with today’s most promising technologies, he paints a surprising picture of how we might manufacture and move things in the years to come.
Omaha, Neb.-based Werner Logistics opened a new office in Laredo, Texas last week and expects the office will create 50-100 new jobs within the next few years.
Walmart has patented an ‘unattended retail storefront’ that would be located in customers’ homes and stocked by autonomous vehicles, part of its quest to compress or eliminate delivery delays altogether.
By the first week of December, the DAT weekly spot market price for dry-van loads had reached $2.09 (including fuel surcharge) or almost 30% higher in just 9 months. This is an extraordinary, but what is more extraordinary is the fact that the trucking marketplace is more than 3 times the size of the Bitcoin market capitalization, which has grown 22% in 12 months.
North American third-party logistics provider (3PL) and specialist in less-than-truckload and multi-modal shipping, Cerasis, is the latest transportation entity becoming a member of the Blockchain in Transport Alliance (BiTA). With […]
South Africa’s Heavyweight Group starts a digital load board and joins Blockchain in Transport Alliance (BiTA).
Warehousing employment surges as Amazon and Walmart are swamped by holiday online orders; UPS aircraft mechanics threaten to go on strike.
Last-minute efforts to delay or stop the electronic logging device rule (ELD) are continuing, but it may be too little, too late unless President Donald Trump throws a Hail Mary.
Maersk Line officially sold off Brazilian cabotage specialist Mercosul Line to CMA CGM on Friday.
One of the questions many ask as the electric and autonomous vehicles are introduced to market is: What happens with the “last mile” delivery? It can be the most expensive leg of deliveries, especially in rural areas.
Ports covered by the National Retail Federation’s Global Port Tracker handled 1.77 million TEUs of imports in October, up 0.3 percent from September and a year-over-year boost of 5.9 percent.
Multiple factors could make Oakland a first port of call for containerships visiting the United States from Asia in the future, according to Port of Oakland Maritime Director John Driscoll.
FedEx and UPS are squeezing e-commerce shippers with more expensive DIM pricing, accessorial fees, and tough rate negotiations.
Hyundai Merchant Marine appoints chief of container business office and chief of HMM America; and the North American Council for Freight Efficiency names new chairman.
Losses and debts can be a deadly combo for any shipping company to handle. In a report from the Wall Street Journal looking at so-called “zombie companies” in Europe, one logistics company stood out.
Supply Chain Dive has announced its list of awards for 2017 and one award that garnered some interesting attention is the Buzzword of the Year: blockchain.
The Internet of Things (IoT) has taken over the transportation industry. In a press release from Microsoft, the tech giant has officially confirmed the launch of Azure Location Based Services (LBS).
For millions of football fans, a trip to the Super Bowl is the ultimate bucket list item. For blue collar workers, though, attending the game is often out of reach with ticket prices reaching $5,000 and above on the secondary ticket market. For two lucky truck drivers that will change.
The out-of-control wildfires burning in California have had a dramatic impact on spot rates in the region.
Judge Collier has decided to let federal prosecutors play a “vile, despicable” tape of Mark Hazelwood’s racist rant against black people, the Cleveland Browns, and the entire population of Cleveland, Ohio.
The Owner-Operator Independent Drivers Association (OOIDA) has issued a letter to state attorneys general in all states asking them to review potential problems surrounding upcoming enforcement of the electronic logging device mandate.
The cleverness of the plan resides in the kind of “under-21 truckers” they’re talking about: only those with military driving experience.
The Senate Finance Committee on Thursday afternoon unanimously approved Kevin McAleenan’s confirmation to serve as commissioner of U.S. Customs and Border Protection (CBP), moving the vote to the full Senate […]
Because implementing a Foreign Trade Zone (FTZ) is an investment that requires a cross-functional approach, IT systems integration, and the development of a clear roadmap, companies seeking to implement an […]
Spot container rates from Shanghai to the United States declined since last week, while rates from Shanghai to Europe and the Mediterranean increased slightly, according to the Shanghai Shipping Exchange’s […]
The process of sending bills-of-lading with cargo has changed little in generations, but the problems have remained: BOLs arrive at different times than the cargo, causing delays and added cost. But blockchain could eliminate these expenses and streamline the process.
The Port Authority of New York and New Jersey’s (PANYNJ) 2018 operating budget is an increase of $61 million, or 1.9 percent over the 2017 budget, and expenses are expected […]
The Port of Virginia reported a 1.9 percent increase in TEU volumes and a 1.7 percent increase in total containers for the month, according to figures from the Virginia Port […]
Intermodal rail traffic remains on pace to set a new annual record in 2017, according to the Association of American Railroads (AAR).
The Belgian port authority selected seven projects from a Call to Proposals earlier this year aiming to reduce truck traffic and congestion.
The Boca Raton, Fla.-based pharmaceutical logistics provider established a physical presence in the northeastern United States by signing a lease for a 64,500-square-foot space in South Brunswick, N.J.
AAL appoints commercial manager of its Canada operations; and the Baltic and International Maritime Council’s secretary general and chief executive officer extends his contract to the end of 2022.
While U.S. Customs and Border Protection’s basic responsibilities remain unchanged, agency leadership says CBP will focus on secure trade lanes, next-generation facilitation, intelligent enforcement and resource optimization in the coming […]
Electronic filing of the Foreign Trade Zone (FTZ) admission (e214) transactions and the creation of manufacturer identifications within the Automated Commercial Environment (ACE) system will become mandatory on Dec. 9.
While some U.S. states have relaxed their marijuana laws, the drug remains a prohibited substance under federal law and proposed legalization in Canada could make things much more complicated for […]
The National Customs Brokers and Forwarders Association of America (NCBFAA) has filed a petition with the Federal Communication Commission asking it to reconsider the import responsibilities of customs brokers when […]
U.S. customs brokers are concerned that the industry will need more than the next four weeks to comply with new entry data requirements for the National Oceanic and Atmospheric Administration’s […]
The Office of the U.S. Trade Representative, which participated in the G20’s second meeting of the Global Forum on Steel Excess Capacity in Berlin this week, expressed overall disappointment at […]
Newly appointed Homeland Security Secretary Kirstjen Nielsen announced the formation of new office within the Department of Homeland Security that will focus on keeping weapons of mass destruction and their […]
As a result of the affirmative preliminary determination, Commerce has instructed U.S. Customs and Border Protection (CBP) to begin collecting cash deposits on imports of both CORE and cold-rolled steel […]
Total accepted loads from LA to Seattle have dropped 60% in a week; spot rates in and out of Los Angeles are up by as much as 35% in seven days.
Let go of your fear-of-missing-out (FOMO): the blockchain revolution is just beginning.
Most carriers are currently coming to terms with the inevitability of the ELD mandate, and scrambling to get ready. Those carriers who are truly ELD-ready are in prime position to benefit.
Shipping hazardous materials is risky. Yet carriers are willing to shoulder the risk of moving them across states, but to do so requires understanding a number of regulations that must be followed.
Trucks drive everyday down the highways of America and no one really knows what’s in those trailers. FreightWaves created this infographic to give you an idea of what could be inside that trailer.
The Senate Finance Committee on Thursday afternoon unanimously approved Kevin McAleenan’s confirmation to serve as commissioner of U.S. Customs and Border Protection, moving the vote to the full Senate for […]
