Port of Oakland grows operating income, revenues in FY 2017
The Port of Oakland posted record operating revenues for the fiscal year, which ended June 30, thanks to higher operating revenues in all three of its business lines – aviation, […]
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The Port of Oakland posted record operating revenues for the fiscal year, which ended June 30, thanks to higher operating revenues in all three of its business lines – aviation, […]
Spot container rates from Shanghai to Europe have been continuously declining since the end of August, while on the Shanghai to Mediterranean trade, they have been falling since the end […]
UPS is enhancing services in 20 cities across China to provide greater, faster service coverage for Chinese exports, the parcel carrier announced Tuesday.
The first Boeing 777 freighter of Qatar Airways Cargo’s newest U.S. destination landed in Pittsburgh International Airport on Thursday and promises twice-weekly service with 200 tons of weekly capacity.
The chassis leasing company extended its Inland Premium Pool, a reservation-based supply of premium DCLI chassis equipment that was first launched in Los Angeles/Long Beach, to the south side of […]
FIATA announces election results; Saltchuck selects Young Brothers president to lead its Hawaii business initiatives; and the Transportation Institute at the University of Denver’s board of directors elects new chair.
E. Hunter Harrison, president and chief executive officer at CSX, said during a hearing Wednesday that the Class I railroad has improved performance, but various shippers at the hearing expressed […]
On Wednesday night, President Donald Trump talked about his administration’s tax plan at an event at an airport hanger on the Pennsylvania Air National Guard base in Harrisburg, PA. Here is the official, unedited transcript of the speech provided by the White House:
President Donald Trump took his case for tax reform to the American people on Wednesday night – specifically the trucking community – at an event in Harrisburg, PA.
The second largest e-commerce player in China has sealed the deal and will deploy the first automatic delivery vans to operate on the mainland. JD.com has confirmed the partnership deal made with Chinese automobile manufacturers Dongfeng Motor Corporation and Shanghai-based SAIC Maxus, China Daily reports.
After first acknowledging it was a developing a fuel-cell powered heavy-duty truck in the spring, Toyota is now set to unveil its Project Portal truck to the public through a demonstration program at the Port of Los Angeles that starts Oct. 23.
While the Federal Motor Carriers Safety Administration (FMCSA) has issued an exemption to the electronic logging device (ELD) rule for certain rental vehicles, the exemption has opened up several questions, including whether there is a potential loophole in the rule.
The deadly wildfires raging in Northern California regained their vigor on Wednesday as winds picked up and helped spread fires, threatening historic Sonoma County wineries. The fires have left at least 17 people dead and more than 2,000 buildings destroyed. They are also impacting shipping in the region.
President Donald Trump spoke to a group of truck drivers and carriers on Wednesday in Middletown, Pa. about the benefits of his tax reform plan, which is backed by strong […]
The new 20,000-square-meter facility, located in Taanayel, Lebanon, can store up to 1,000 empty 20-foot equivalent (TEU) containers, according to French ocean carrier CMA CGM.
Indiana Gov. Eric Holcomb appoints members to Ports of Indiana Commission, and VARGO hires a quality assurance and support professional.
As trade negotiators for the United States, Canada and Mexico are meeting this week to begin the fourth round of the North American Free Trade Agreement (NAFTA) renegotiations, industry leaders […]
Until Hurricane Maria slammed into Puerto Rico, few people had ever heard of the Jones Act. Now, armed with a basic knowledge, many are wondering if the Jones Act is actually harming the U.S. and whether lifting it might benefit shipping and logistics in this country.
While legislative wheels are starting to turn, there is little reason to expect major movement on any infrastructure bill in 2017. The most optimistic timelines being floated on Capitol Hill call for the law to be signed in 2018, with funds released in 2020.
The Federal Motor Carrier Safety Administration (FMCSA) has granted a waiver to the Truck Renting and Leasing Association (TRALA) that will exempt all commercial rental vehicles from the electronic logging device (ELD) rule for drivers using a “property carrying commercial motor vehicles (CMVs) rented for 8 days or less.”
With the freight marketplace widening exponentially every year, the growing communication divide in the community is also significantly felt. Fr8Hub, a digital freight marketplace startup is looking to improve peer-to-peer interaction by creating transparency and injecting efficiency in freight hauling.
Ports covered by the National Retail Federation’s (NRF) Global Port Tracker handled 1.8 million TEUs in August, the highest monthly volume recorded since the NRF began tracking imports in 2000.
A farm consortium consisting of short-line and regional railroad operator Genesee & Wyoming Inc. and Bluegrass Farms of Ohio will continue to own the facility and will operate it on […]
The Danish shipping conglomerate on Tuesday completed the sale of its shares in its Maersk Tankers subsidiary to APMH Invest, a subsidiary of A.P. Moller Holding.
The Arleigh Burke-class guided-missile destroyer’s commanding officer and executive officer were relieved of their duties Wednesday, following its collision with a merchant vessel on Aug. 21, which claimed the lives […]
Christopher Victor Grupe, a former employee of Canadian Pacific Railway (CP), has been convicted of causing intentional damage to the railroad’s computer system, according to a statement from the U.S. […]
iContainers names director of sales and operations of its Barcelona office; and ShipServ appoints senior vice president, business development.
U.S. Chamber of Commerce CEO Thomas Donohue told attendees at the U.S.-Mexico CEO Dialogue the “trilateral commercial relationship [of NAFTA] is far too valuable to American businesses, workers, and economic […]
Rates are going up, but how can your carrier grab the largest increase possible? There are many things to consider when it comes to rates, but it all starts with knowing your own costs.
In the rush to develop autonomous, long-haul trucks (and trains) that could double productivity – driving for 24 hours a day with no need for rest – it may turn out that the competition for freight may really be in the sky.
The only group of employees in C.R. England’s 8,000-plus workforce that is part of a union has voted to decertify Teamsters Local 705. Drivers in C.R. England’s Chicago Intermodal division, which represented less than 1% of the company’s employees, voted on Sept. 20 to leave the union.
Costco has expanded its partnership with California-based startup Instacart and that means that customers are now able to get shelf-stable food ordered online and delivered within two days. Fresh foods will be delivered the same day.
With the new decertification, which was approved via membership vote, none of CR England’s over 8,000 employees are currently represented by a union, the trucking company said in a statement […]
Integrating the International Air Transport Association’s Cargo-XML system with World Customs Organization’s Cargo Targeting System will allow airlines and customs agencies to more efficiently communicate and evaluate risks associated with […]
General Motors Co. has acquired light detection and ranging (LIDAR) technology company Strobe, Inc., and as part of the deal, Strobe’s engineering talent is joining GM’s Cruise Automation team to […]
The Atlanta-based parcel giant started contract negotiations with the International Brotherhood of Teamsters on new collective bargaining agreements.
The number of fatalities involving large trucks in the United States totaled 4,317 in 2016, a 5.4 percent increase from 2015, according to a recent report from the Department of […]
Hong Kong Air Cargo Terminals Ltd. (Hactl) recently started handling Moscow-based Aviastar-Tu all-cargo flights from Tolmachevo to Hong Kong, with three more flights being added by year’s end.
Bahri Data and DNV GL signed a contract to co-develop and jointly leverage their “big data” capabilities for safety, quality and compliance innovation, Bahri said in a statement.
U.S. Immigration and Customs Enforcement (ICE) said Warminster, Pa.-based garment importer Notations “repeatedly ignored warning signs that its business partner, which imported garments from China, was engaged in a scheme […]
The United States increased beef export volumes and value in August from 12 months prior, despite the nation experiencing modest declines in pork exports in terms of volumes and value.
U.S. Immigration and Customs Enforcement said Un Hag Baeg, a South Korean national living in Southern California, defrauded the U.S. government out of $13 million in excise taxes on 143 […]
Union Pacific names vice president and treasurer, vice president-planning and analysis, and vice president-tax; and Crane Worldwide Logistics hires vice president, ocean products.
With the freight industry being one of the largest contributors to the U.S. economy, it is imperative that it makes way for technology infusion. San Diego-based startup LoadExpress is looking to disrupt the way logistics is handled in the industry right now.
Protests on both coasts in the past few days have placed truckers in the spotlight. Truck drivers in California and Washington, DC, staged protests to highlight the implementation of the electronic logging device (ELD) rule.
Elon Musk has delayed the public unveiling of the Tesla semi, citing issues with the Model 3 production rollout and a focus increasing battery production to help Puerto Rico, Musk tweeted late on Friday.
For the uninitiated, systems built on cryptocurrency can be unfathomably complex, with confusion exacerbated by their constantly changing nature. Unfortunately, in the world’s modern business climate, understanding these intricacies is critical to nurturing a thriving business. There may be no aspect of technology that is more greatly tied to this truth than that of smart contracts.
Canadian aircraft manufacturer Bombardier called the U.S. Commerce Department’s dumping investigation “an egregious overreach and misapplication of the U.S. trade laws in an apparent attempt to block the C Series […]
The Silicon Valley freight forwarder recently confirmed a long-known Series C funding of more than $110 million and a $800 million valuation, a sign that investment in logistics technology is […]
Given the effect natural disasters can have on global supply chains, the best course of action for those in the shipping industry is to always have clear backup plans, according […]
Total third-party logistics revenues are expected to jump from $802.2 billion in 2016 to over $1.1 trillion in 2022, according to a recent report from consulting firm Armstrong & Associates.
Belgian postal operator bpost will acquire 100 percent of the shares of Radial, an integrated e-commerce logistics and omnichannel technology solutions provider, for an enterprise value of $820 million, the […]
The Northern California port handled 79,135 TEUs of containerized imports during the month, a 12.6 percent jump from September 2016, according to recent data from the Port of Oakland.
The Arkansas port has begun construction on a $10.9 million intermodal project, which will connect the port to two major highways and two Class I railroads, according to a report […]
Consolidated Chassis Management names new president, and SEKO Logistics hires chief commercial officer.
The U.S. International Trade Commission (ITC) has unanimously determined that large residential washing machines are being imported into the United States at such increased quantities that they have caused serious […]
Regulated by U.S. Customs and Border Protection (CBP) and hired by importers to facilitate the cross-border movement of goods into the United States, U.S. customs brokers play an integral and […]
Hurricane Nate came ashore late Saturday night and by this morning had been downgraded to tropical storm with winds of 45 mph gusting to 55 mph at times as it moves toward the north-northeast at more than 25 mph.
The California Air Resources Board (CARB), through chairperson Mary Nichols, has revealed the state’s interest in banning vehicles that produce carbon emissions, Bloomberg News reports. Governor Jerry Brown has called Nichols to ask why the CARB has not moved forward on this idea, Nichols told Bloomberg.
Daimler has been given permission by the Oregon Department of Transportation to test truck platooning on the roads of Oregon following successful trials in Madras, OR. The company has said it will first test the platooning technology on two connected heavy-duty Cascadias in the first step called “pairing.”
Tropical Storm Nate is expected to strengthen overnight and through the day tomorrow as it continues to track toward the Gulf Coast across warmer waters. As a result, the National Weather Service has issued a hurricane warning for Grand Isle, LA, to the Alabama/Florida border for Tropical Storm Nate. The storm is expected to make landfall late Saturday or early Sunday.
The world is going electric, and according to a McKinsey Energy Insights report, it is leaving the U.S. behind. According to the report authored by Chrsiter Tryggestand, Namit Sharma, Jasper van de Staaij and Arjan Keizer, because of market dynamics, the U.S. and China are lagging in the development and cost parity needed to make electric trucks viable.
The United States Postal Service (USPS) has responded to criticism from the Office of Inspector General (OIG) about its handling and recording of delayed mail. While USPS has acknowledged some concerns in the audit, it disputed other aspects.
Following the devastation Hurricane Maria delivered to Puerto Rico, there have been many places to levy blame as the island nation has been slow to recover. An aging electric grid that was destroyed, a country mired in debt that has been unable to maintain basic infrastructure, an arguably slow government response. One segment that received blame, unfairly, was the nation’s truck drivers.
Port operator APM Terminals ended its operations at the Port of Tacoma on Sept. 30, and transferred its lease to a new joint venture between terminal operator SSA Marine and […]
The Commerce Department deferred issuing a preliminary determination this week in its antidumping duty investigation of imports of Chinese aluminum foil, citing that more time is needed to analyze China’s […]
Cross-border trade between the United States and its partners in North American Free Trade Agreement (NAFTA) experienced its ninth straight month of year-over-year growth in July 2017, according to data […]
Eight of the 20 carload commodities tracked by the Association of American Railroads (AAR) were on the rise in September 2017 compared to the same period a year prior, according […]
The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) issued three separate training grants totaling $23.8 million to help improve the safety of hazardous materials (hazmat) transportation […]
The National Hurricane Center is warning about potential weekend impacts from Tropical Storm Nate anywhere from the Florida panhandle to Louisiana. Assets in the Mobile, AL; Baton Rouge, LA; and New Orleans, LA, areas currently showing the most risk, according to supply chain risk analysis firm Riskpulse.
In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2016-02, Leases (Topic 842) (the Update). The Update represents the first comprehensive overhaul in lease accounting in approximately 40 years.
Delivering mail and parcels is a thankless job. Nevertheless, it’s not an excuse for delivery delays. This was the focus of an audit report cited by Sen. Jon Tester (D-Montana) regarding the broken “swift completion” promise of the United States Parcel Service (USPS).
Spot rates continue to climb and capacity continues to shrink, and now experts are predicting a strong holiday retail season. Could the good news for carriers get any better?
Amazon is now testing a delivery service that would make more products available for two-day shipping. Called Seller Flex, the service would apply to items purchased from third parties through Amazon’s e-commerce site.
William Alsup, a U.S. District Judge for the Northern District of California, pushed back the start of a trial between Google affiliate Waymo and the now ubiquitous ride-sharing app provider […]
The e-commerce giant is experimenting with its own delivery service, in which it will oversee the pickup of packages from warehouses of third-party merchants selling goods on its platform and […]
Billionaire investor Warren Buffett’s Berkshire Hathaway will acquire a 38.6 percent equity stake in Pilot Flying J, the largest operator of travel centers in North America, the companies revealed in […]
The Caribbean Basin Economic Recovery Act, a program to boost trade from the Caribbean to the United States yielded “small but positive” effects in 2016, according to a recent report […]
The Federal Highway Administration is awarding the mid-Atlantic port with a $1.55 million grant, which the Port of Virginia will use towards the development and phased implementation of a reservation […]
Air cargo volumes during the month increased 12.1 percent from August 2016, but the International Air Transport Association (IATA) projects that that the peak cyclical growth period for airfreight volumes […]
The Senate has confirmed Ted McKinney to serve as the undersecretary for trade and foreign agricultural affairs, a newly created post within the U.S. Department of Agriculture (USDA).
Three family members of Miami-based AW-Tronics on Wednesday pleaded guilty to charges that they conspired to defraud the United States and illegally export aviation parts and equipment to Syria.
Just as the nation turned its attention away from tropical weather, another threat is now looming for the Gulf Coast and Florida this weekend. Tropical Depression Sixteen is official and on the radar of the National Hurricane Center (NHC), and it has eyes for Louisiana and Florida this weekend.
Walmart is taking its battle for online market share to Amazon with the acquisition of New York-based Parcel, a last-mile, same-day delivery company specializing in perishable and non-perishable delivery in New York City.
Trucker District CEO Marcel Alvarado’s time driving for a carrier provided insight into the difficulties faced by drivers in the industry and potential problems arising due to the deeply fragmented trucking community. His company is trying to bring that community closer together.
An entirely new generation of technological change is now occurring in the transportation industry, and it’s called the autonomous truck, or what design specialists refer to as “intelligent engineering.” But what are some of the benefits, and risks, associated with the technology?
Ford is following that of other automakers and investing in electrification and connectivity. The company also said it would redirect $7 billion from car production to increase SUV and truck production.
American Trucking Associations (ATA) Chief Economist and Senior Vice President Robert Costello says the United States needs to maintain the Mexican cross-border truck program because it generates trucking jobs and […]
The aerospace and maritime engineering company signed a deal Wednesday with Google to further develop its intelligent awareness systems for self-driving ocean vessels.
The Oak Brook, Ill.-based industrial real estate development and management firm said the disposition consisted of about 2.4 million square feet and 110 acres of land.
The Oregon-based freight railcar manufacturer announced its fourth quarter railcar orders, which are valued at $200 million, and additional orders at the beginning of the company’s 2018 fiscal year.
Norfolk Southern appoints chief information officer; Oakland Mayor Libby Schaff re-nominates two Port of Oakland board of port commissioners; and the European Community Shipowners’ Associations (ECSA) names new secretary general […]
Berkshire Hathaway has agreed to acquire a 38.% stake in Pilot Flying J with the right to obtain an additional 41.4% stake in 2023, the company announced.
Do we have a picture of Tesla’s new semi truck? A Reddit user named itookapicofarocket posted a picture of what he said was the Tesla semi before mysteriously removing the picture.
All agricultural carriers must now be in compliance with the Sanitary Transportation of Human and Animal Food rule, commonly called the “Sanitary Transportation Rule.” If you are a smaller carrier, though, complying with that rule comes just before complying with another – the ELD mandate.
Ikea’s acquisition of TaskRabbit is seen as a way to give Ikea customers access to assembly services. But it also may pave the way for local delivery of Ikea products, perhaps producing a new need for delivery drivers.
All agricultural carriers must now be in compliance with the Sanitary Transportation of Human and Animal Food rule, commonly called the “Sanitary Transportation Rule.” If you are a smaller carrier, though, complying with that rule comes just before complying with another – the ELD mandate.
GM announced yesterday that it will stop developing new gas-powered vehicles and instead will invest in electric and fuel-cell vehicles, including a truck platform that could potentially serve as a package delivery vehicle in last-mile operations.
According to David Lancaster, cargo development director at the St. Louis Lambert International Airport (STL), “the prospects for cargo through STL look better than at any time since the closure […]