News

Hyundai Merchant Marine will acquire two 11,000-TEU containerships from Hanjin Heavy Industries & Construction’s Subic Shipyard, as well as five very large crude carriers built by Daewoo Shipbuilding & Marine […]

TRAC Select, which was launched in February, is a premium chassis pool fleeted with an array of specialty chassis and services aimed at meeting specific customer needs.

The Canadian port is equipped to handle the largest containerships in the world thanks to the expansion at Fairview Container Terminal, giving the terminal a second berth and three Malacca-max […]

The U.S. Department of Agriculture’s new Sanitary Transportation of Human and Animal Food rule applies to shippers, receivers, loaders and carriers who transport food in the United States by motor […]

Software-as-a-service firm Narvar said the acquisition of GoPigeon will play a key role in advancing its global product development and seeding its market position in the Asia-Pacific region.

The new IATA FIATA Air Cargo Program (IFACP) is replacing the existing Cargo Agency Program and will be rolled out globally following the Canadian pilot.

A blockchain is an always-growing collection of linked data that is secured cryptographically, with each block resistant to data modification, including outside cyberattacks.

The Hong Kong-based third-party logistics provider recorded net earnings of $576 million Hong Kong on revenues of HK $13.7 billion for the first six months of 2017, year-over-year increases of […]

International technology group Körber is gaining a stronger foothold in the United States, and an advanced software platform through the acquisition of supply chain management software provider HighJump, the companies […]

Procure-to-pay solutions provider JAGGAER formed a partnership with transportation management solutions provider Haven, enabling JAGGAER’s customers to manage the shipment of their goods across the globe.

The Florida Ports Council elects chairman, vice chairman, and secretary and treasurer; the APP names president; Truckstop.com appoints chief commercial officer and chief relationship officer; and Gebrüder Weiss reveals executive […]

The Shippers Conditions Index has improved slightly in August, although it remains in negative territory, according to the latest update from FTR. At the same time, DAT reported a decline in capacity last week on the spot market, which occurred before Hurricane Harvey struck Texas.

It seems as though all new platforms these days feature two common denominators – create transparency and streamline processes. Many of them are now being developed with blockchain.

Harvey is the kerosene to accelerate the trends towards a major capacity crunch in the truckload industry. With as much as ten percent of capacity being impacted, combined with surpluss demand coming from relief and rebuilding- the truckload market capacity is expected to be super tight 

Looking ahead, ZIM’s primary focus will be on profitability, and the Israeli ocean carrier will focus on markets where it has a competitive advantage, said Eli Glickman, the carrier’s president […]

As of June 30, 2017, COSCO SHIPPING International, the investment arm of China COSCO Shipping, had net cash of HK $6.42 billion, which it said will provide strong capital support […]

Ship and dockworker unions are protesting a decision by Liberty Maritime to employ deck and engineering officers from the AMO to operate its newest U.S.-flag ship, rather than using those […]

The logistics software provider has formed a partnership with Vitti Logistics to provide the third-party logistics provider’s customers with real-time freight tracking across Mexico.

Cummins has unveiled a Class 7 electric powertrain that will power Class 7 trucks by 2019 and could recharge in as little as 20 minutes.

The Government Accountability Office (GAO) has recommended that U.S. Customs and Border Protection (CBP) take a more holistic approach to its compliance oversight of the nation’s sprawling foreign trade zone […]

Convey, a supply chain visibility and communication company, has secured $8.25 million in Series B funding from Techstars Venture Capital Fund, RPM Ventures, and other investors in a round of funding just announced.

As Texans come to grip with the impact of Harvey on their lives- we examine the impact of the storm on the freight markets. Harvey relief demand is expected to be enormous and will likely dwarf the truckloads sent to help in Katrina efforts. 

As efforts to delay implementation of the electronic logging device rule continue to flounder in Congress, opponents have received an olive branch from CVSA. The group says that while it will enforce the ELD mandate on Dec. 18 as planned, out-of-service orders will not be issued until April 1, 2018.

While recovery efforts are still ongoing in many areas, the nation as a whole is about to feel the impact of Hurricane Harvey through increased fuel prices.

Driver-facing cameras are a controversial topic. Many drivers hate them, but at G&P Trucking, the company has implemented them and had success through an educational program that helps drivers understand why they are important.

Once revered as one of the top trucking companies in the nation, Celadon Group has hit a rough patch in 2017. But there is a new leader with a new vision, and that’s to make Celadon a top carrier once again.

22% of all freight hauled in the US is food and food related products. Brokers are now liable for ensuring that the carriers they use are compliant with new safety regulations and have been vetted properly.

With operations suspended through Wednesday for many areas, and longer for others, analysts have estimated that freight rates will spike as cargo transport will be affected for up to the […]

China COSCO Shipping’s port terminal operator arm’s profits attributable to equity holders of the company skyrocketed 123.7 percent year-over-year during the first half of 2017 to $384.7 million.

The North Atlantic port handled 576,947 TEUs in July 2017, an 8.4 percent increase from the same month a year ago, according to recent data from the Port Authority of […]

The Maritime and Port Authority of Singapore and the Ports and Harbours Bureau of the Ministry of Land, Infrastructure, Transport, and Tourism of Japan will helm a group studying the […]

Politicians on both sides of the aisle have agreed on the importance of infrastructure improvement projects for the better part of a decade, but agreeing on how to fund such […]

Even as the industry steps up to help, dedicating thousands of trucks and millions of cubic feet of capacity to relief efforts, an analysis from FTR says that approximately 7% of the industry has been affected already and some of that will be affected for weeks.

The new Uber CEO has his work cut out for him. Few know what his take on Uber Freight is and whether the aggressive expansion will continue. Regardless, the digital freight era is upon-us and should they leave the market, others will take its place. 

Sandeep Kar, a noted industry expert and frequent keynote speaker at industry events and resource for leading industry publications, has joined Fleet Complete as its chief strategy officer.

How did the solar eclipse last week affect the trucking industry? New data from Lytx tries to some numbers behind the event.

While the third quarter may be a slow time for contract renewals between carriers and shippers, a few deals have been done so far and the early indications are contract rates are heading up.

The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration has awarded more than $4 million in grants for a handful of hazardous materials training programs.

Uber selects Expedia CEO as its next CEO to replace founder Travis Kalanick

The storm made landfall as a category 4 before dropping down to a category 3, causing massive flooding and damage that has lead to service delays and temporary closures at […]

It was on this date in 1907 that two teenagers named Jim Casey and Claude Ryan, armed with a $100 loan, created the American Messenger Company.  That business, started in a basement in Seattle, has grown into a nearly $50 billion package delivery giant.

Texas’ largest grocery store chain responds to disaster with a convoy of specially outfitted trucks and trailers to deliver relief food, medical supplies, and dry-goods. 

While Harvey may no longer be a hurricane, its flooding rains are expected to continue for days, causing major disruptions to travel and shipments in the state.

With consumers buying more online and more based on promotions, it has become less about brand loyalty and more about the benefits earned from digital purchases. All that is left is for shipping companies to provide app-assisted delivery.

One of the worst storms to hit the US ever. Heavy flooding expected. Shipments affected but major disruptions expected over the next few weeks. 

The Federal Motor Carrier Safety Administration has suspended certain commercial regulations in Texas and Louisiana, including hours of service, for drivers providing “direct assistance” for hurricane relief under regulation 49 CFR 390.5.

Graphics processing unit (GPU) manufacturer Nvidia has invested into automated trucking company TuSimple, TechCrunch reports.

The time has arrived as the Texas coast braces for the nation’s first major hurricane landfall in 12 years. Hurricane Harvey was upgraded this afternoon to a Category 3 hurricane with winds of 125 mph. According to Riskpulse, the forecast track has remained consistent, with landfall later tonight near central Texas.

After Hurricane Harvey departs Texas, the area will likely be in need of relief supplies. Trucks will haul those supplies. but how are the logistics of moving relief supplies handled? Someone who was involved in that process explains. 

At a cost of $4 billion, the new Tappan Zee Bridge has officially opened in New York City. Technically, one span of the bridge – four lanes open to westbound traffic – opens tonight with the second span scheduled to open in the spring.

The never-ending mystery over what kind of truck Tesla is building may have moved one giant step closer to being solved on Thursday when it was revealed the electric truck will likely have an operating range of 200 to 300 miles.

Singapore might be world’s smartest city. When you think of tech, you reflexively picture Silicon Valley. While Palo Alto may reign in the west, a tiny island nation of 5.6 million leads the east… and it’s turning to blockchain.

The National Association of Manufacturers took to the airwaves this week in South Carolina, South Dakota and Nevada, urging citizens of those states to contact their senators to oppose Scott […]

The New York Shipping Exchange (NYSHEX) has secured a Series A round of funding for $13 million, according to a press release. The company has developed the first digital forward freight contract for global container shipping.

Although the deal is still subject to regulatory approval, Williams Lea Tag’s operations and assets are expected to transfer over to Advent International by the fourth quarter of 2017.

The Red Sea port handled 398 vessels and 821,694 TEUs during the first half of the year, both increases of 14 percent from the corresponding 2016 period, according to recent […]

The e-commerce company Custom Wristbands, along with its affiliates and chief executive, pleaded guilty in district court to a price-fixing scheme involving promotional products sold in the United States.

Excess capacity drove container freight rates down to near-record lows last year, but Drewry estimates 57 ultra-large containerships with at least 18,000 TEUs of capacity will be delivered to the […]

The National Hurricane Center has seen rapid intensification of Hurricane Harvey today and is now expecting the storm to gather strength before it makes landfall in Texas late Friday/early Saturday morning. The trucking interests are watching the storm closely as its final path and impacts will influence area spot rates, capacity, and fuel costs.

As predicted, the remnants of Tropical Storm Harvey have reformed into a Tropical Depression in the Gulf of Mexico. According to supply chain risk analytics firm Riskpulse, it is now likely that Harvey will make landfall on the south-central Texas coastline, perhaps near Corpus Christi, as a hurricane.

Nearly 30% of carriers are not yet in full compliance with the upcoming electronic logging device mandate and 15% said they will not be fully compliant at the deadline, according to the latest Morgan Stanley ELD survey.

While still strong, conditions may be moderating for the trucking industry as key indicators are slowly retreating from recent highs.

Four Democratic senators are urging U.S. Transportation Secretary Elaine Chao to reconsider DOT’s withdrawal of a proposed rule that would have mandated testing commercial truck drivers and rail operators for […]

South Korea’s largest shipbuilder, Hyundai Heavy Industries, has asked that 5,000 workers take unpaid leave in the wake of CMA CGM signing a letter of intent with two Chinese shipyards […]

Although some demand can be attributed to structural factors, real estate markets in all major port gateways are seeing either rising or peak-level growth rates in leasing activity, while vacancy […]

The Armonk, N.Y.-based technology company is collaborating with various companies across the global food supply chain to explore how blockchain technology can be used to make the food supply chain […]

Secretary of Labor R. Alexander Acosta toured the 484-acre terminal and met with leadership from the International Longshore and Warehouse Union and the Pacific Maritime Association during the visit.

Singapore-based ocean carrier APL, now a subsidiary of CMA CGM of France, began purchasing slots on Maersk Line’s AC3 loop between Asia and the West Coast of South America this […]

MST and Reederei is accused of failing to keep accurate pollution control records and falsifying records for the vessel Marguerita, according to a statement from the U.S. Department of Justice.

U.S. solar panel manufacturers SolarWorld and Suniva say their days are numbered without relief from a flood of cheap imports China and Taiwan.

PS Logistics, LLC, a leading national transportation and logistics company, announced today that it joined the Blockchain in Trucking Alliance (BiTA) as a charter member.

The battle for the quickest delivery is on. Arkansas-based retailing giant Walmart has official filed to patent a blimp-style warehouse, Fortune reports.

After seeing the fleet-wide fuel economy average climb 3% in 2015, the North American Council for Freight Efficiency (NACFE) says that the increase reported in its Annual Fleet Fuel Study was not as dramatic for 2016.

IBM has announced 10 companies that will begin running trials of its blockchain-enabled technologies, including major food supplier Nestle SA, according to Reuters.

Maersk Oil’s liquids-weighted production will provide the French energy giant with short-term benefits, with key United Kingdom and Norway assets boosting cash flow, and possibly cost-savings synergies in the North […]

New business-to-consumer e-commerce practices are rapidly changing the way retailers and their supply chain providers operate, as well as how governments apply trade oversight.

The agreement will provide Maersk Tankers with access and exclusive rights to Boston-based hedge fund CargoMetrics’ analytical models, algorithms and capabilities.

Blue Sky Blue Sea, Inc., doing business as American Export Lines and International Shipping (USA) (collectively referred to as AEL) agreed to pay $518,063 for violating U.S. sanctions on Iran […]

Schneider Packaging Equipment names new president, while World Shipping, Inc.’s vice president of operations retires.

In the Gulf of Mexico, storms can happen quickly. That is the case with the remnants of Tropical Storm Harvey, which are moving into the Gulf and could potentially threaten the coast of Texas later this week.

Road crews have traditionally used a “crash truck” to protect workers. It’s often the first – and last – line of defense for construction workers, but it leaves a driver in that vehicle exposed to greater risk. The Colorado Department of Transportation hopes to change that, thanks to self-driving technology.

Solar power is most known as a source of electricity, but it is now proving that it belongs in other applications. Within the trucking industry, the use of solar is growing and it’s showing itself quite capable of the demands. 

The recent news that the Environmental Protection Agency plans to revisit some portions of its Phase 2 greenhouse gas and fuel efficiency rules for medium- and heavy-duty on-highway trucks and engines has raised concern with the Truck and Engine Manufacturer’s Association (EMA).

South Korean ocean carrier Hyundai Merchant Marine (HMM) is in discussions with the world’s largest asset management firm, BlackRock, to bring in an investment ranging from 600 billion to 1 […]

New tools for GT Nexus commerce network users include a real-time cargo visualization layer and the ability for suppliers to see approved invoices in a single dashboard.

The global investment firm is providing transportation and trade software provider BluJay Solutions with a $500 million financing facility, after investing in fellow logistics tech firms Transplace, LLamasoft, and Transporeon.

The Hong Kong-based ocean carrier took delivery of the OOCL Germany today, the second of the six 21,000-TEU class vessels on order from the Samsung Heavy Industries shipyard on Geoje […]

Hong Kong-based port operator Hutchison Ports has agreed to partner with NAWAH Port Management, LLC to manage existing and future operations at the Port of Basra in southern Iraq.

Werner Enterprises, Inc. appoints board of directors member; time:matters Holding GmbH names new managing director, strategy & sales; and SIMWAVE hires manager for navigation.

Fleet Complete is the latest company to join the Blockchain in Trucking Alliance (BiTA) as a service charter member. BiTA is a consortium for the adoption, education and development of a standard framework around blockchain in the trucking industry.

Roadrunner Transportation Systems has officially announced the sale of its subsidiary Unitrans Inc., Business Wire reports. Unitrans, a Los Angeles-based cold chain logistics business, is being sold to New York-based full-service priority transportation and logistics company, Quick International Courier for $95 million.

To solve inefficiencies in the supply chain, project44’s goal since day one has been to focus on the automation, optimization, and visibility of the freight movements by replacing legacy technologies with its “one-to-many” connectivity.

It’s finally here. Eclipse day. And as many have predicted, traffic around the country is clogging the highways, causing delays.

The eclipse will result in slower freight volumes this week as companies adjust their normal production schedules. This will have a small drag on rates. According to one study, the US economy will take a $700M hit while people go outside and enjoy the once in a lifetime opportunity (for most) to see a total eclipse. 

A.P. Moller-Maersk signed an agreement to sell its oil and gas division, Maersk Oil, to Total, which will significantly strengthen the French energy giant’s operations in the North Sea and […]

Ocean carriers CMA CGM of France and Hapag-Lloyd of Germany joined the first round of investments into the New York Shipping Exchange, a platform for so-called “enforceable” freight contracts, with […]

U.S. and Mexican Customs officials recently dedicated a new center at the Laredo, Texas, to allow both agencies to more efficiently work together to process freight trains crossing the border.

U.S. Customs and Border Protection has appointed Casey Durst to lead its Baltimore Field Office, where she will oversee a staff of 800 and agency field operations stretching from southern […]

The A.P. Moller-Maersk Group’s experience with Petya (or NotPetya) should be a wakeup call for the entire shipping and logistics industry; small shippers and forwarders can no longer afford to […]

Google publishes solar eclipse traffic maps showing record congestion on highways along the eclipse route line. Drivers are starting to post photos of traffic congestion and even Nest gets in the spirit with messages about the eclipse on their thermostats.