News

According to Angeliki Frangou, chairman and CEO of the Piraeus-based ocean carrier, thanks to a recovering market, Navios is “positioned to enjoy substantial free cash flow from an increase in […]

The Port of New Orleans has received the U.S. Department of Agriculture’s approval to participate in a cold treatment pilot program that allows for improved transit of time-sensitive imported fruits […]

The Athens-based containership charterer said it saw time charter revenues plunge “mainly due to reduced employment opportunities and time charter rates.”

The Federal Aviation Administration has proposed a $63,000 civil penalty against Gladwin Paint Co. of Arlington, Texas, for allegedly violating the federal hazardous materials regulations.

German ocean carrier Hapag-Lloyd will begin integrating its 118 services with United Arab Shipping Co.’s 45 loops in about eight weeks, and officials expect the integration to take until the […]

German ocean carrier Hapag-Lloyd will begin integrating its 118 services with United Arab Shipping Co.’s 45 loops in about eight weeks, and officials expect the integration to take until the […]

Since its founding, LinkeDrive has become synonymous with driver performance coaching. Its PedalCoach product has helped thousands of drivers achieve higher fuel efficiency and boost safety performance. It turns out, though, that the data it is generating has a lot more potential.

The Federal Motor Carrier Safety Administration is again delaying a rule that many in the industry asked for – entry-level driver training. Also, a look at what life is like on the road for drivers, battery technology could extend vehicle range and UPS to add peak seasonal volume charges. 

Increasingly high rents charged to chassis providers by the Port Authority of New York and New Jersey could hurt the port’s overall competitiveness, says Dennis Daggett, executive vice president of […]

The maritime information provider and creator of the famed Baltic Dry Index will work closely with shipbrokers and end-users to create new freight rate benchmarks and indices to be launched […]

The Trump administration has nominated Richard Ashooh of New Hampshire as the assistant secretary of export administration in the Commerce Department’s Bureau of Industry and Security.

The mid-Atlantic port handled 2.56 million tons of general cargo during the first quarter of 2017, up 5 percent year-over-year, primarily due to an increase in car and container volumes.

The Hamburg-based transportation and logistics services provider recorded a net income of 30.95 million euros (U.S. $34.75 million) for fiscal year 2016, down just 0.6 percent year-over-year, according to the […]

Class I freight railroads in the United States employed 149,107 workers as of the middle of April 2017, down 0.14 percent month-over-month and 2.64 percent year-over-year.

The future of self-driving commercial cargo trucks and autonomous ocean vessels is fast approaching, but questions remain about how to develop, test and regulate the still-emerging technology.

With the summer months quickly approaching and bringing with them, many hope, more home building and construction jobs, flatbed haulers are hoping to continue the momentum they have built early in 2017.

While Congress and the states kick around proposals to increase funding for infrastructure, Robert Atkinson, an opinion writer for The Hill, has backed the idea of charging big rigs taxes based on the number of miles they drive.

The Building and Renewing Infrastructure for Development and Growth in Employment (BRIDGE) Act is sponsored by U.S. Sens. Roy Blunt, R-Mo., and Mark Warner, D-Va.

The Senate Commerce Committee cited “labor-related concerns” with the Federal Maritime Commission’s pilot supply chain information portal project, but said supply chain innovation teams will continue work this summer, focusing primarily […]

U.S. Customs and Border Protection has temporarily closed border-crossing operations at the World Trade Bridge at Laredo, Texas, due to severe flooding and power outages from a severe storm that […]

The online retailer will build a drone logistics network in China and a research and development campus in partnership with the Xi’an National Civil Aerospace Industrial Base, where unmanned aircraft […]

The Hong Kong-based airline is eliminating senior, middle management and non-managerial roles at its head office in an effort to cuts costs, the company said in a statement.

The U.S. Department of Transportation has filled its senior management team with a recent round of appointments.

Worldwide Flight Services has announced several corporate appointments, while the Coalition for America’s Gateways and Trade corridors has re-elected four directors to the board.

Port congestion issues in early 2015 brought the often chaotic process surrounding detention and demurrage fees into sharp focus, but where where shippers saw pesky and sometimes unfair ad hoc […]

“If you look back at the DAT truck data, which is essentially the NASDAQ of truck freight brokerage, you would know ahead of time,” Donald Broughton told CNBC, explaining why the firm’s data is a good indicator of economic trends.

The cost of traffic congestion each year to the transportation industry is staggering. In 2015, the industry experienced over 996 million hours of delay because of congestion. ATRI determined the cost to be $63.4 billion, or $63.70 operational cost per hour for trucking. But going inside the numbers tells an even deeper tale of the cost to society.

The recent surge in U.S. oil drilling has helped keep gas and diesel prices depressed, despite oil production cuts by OPEC. This infographic provides a quick glimpse of what is happening in the sector.

Two senators this week are pitching a bill that would create a private “bank” to fund infrastructure projects in the U.S. Also, the I-85 bridge in Atlanta has reopened, truckers are interested in Uber Freight’s services and how to benchmark your fleet.

APL, which CMA CGM acquired in June 2016, contributed positively to the French ocean carrier’s first quarter financial results, according to CMA CGM Group CEO Rodolphe Saadé.

“ShipRush services help e-commerce small and medium businesses and omnichannel retailers execute parcel shipments for last-mile delivery to customers,” Descartes said in a statement.

After disrupting the taxi cab industry, the famed ride-sharing company’s newly launched Uber Freight division is now accepting bookings for cargo moving in 53-foot dry and reefer vans.

The Coast Guard Authorization Act of 2017 and the Maritime Administration Authorization and Enhancement Act for Fiscal Year 2018 were among six bills approved by the Senate Committee on Commerce, […]

Container freight rates from Shanghai to the U.S. West Coast declined 8.5 percent since last Friday to $1,310 per forty-foot container, according to the latest data from Shanghai Shipping Exchange’s […]

The Commerce Department has initiated antidumping and countervailing duty investigations into the import of 100- to 150-seat passenger planes from Canada.

The third-party logistics provider’s new pharmaceutical airfreight facility aims to connect its consolidation center in Germany with its European road network.

YRC Worldwide Inc. names chief financial officer, and the Baltic Exchange appoints chief commercial officer.

Volvo Group and recycling company Renova are testing a self-driving refuse truck in Sweden that uses sensors that continuously monitor the vehicle’s path and stops the truck immediately if an obstacle appears. Volvo released a video of the vehicle in action. 

The Northeast has exited a period of cloudy, rainy weather that has held down freight volumes into and out of the region. That is just one of the weather-related stories this week that have affected rates across the nation.

The expansion of fuel cell trucks is continuing, with an announcement from Ballard Power Systems that its 85-kilowatt fuel cell engine will power a Class 8 Kenworth drayage truck at the ports of Los Angeles and Long Beach. Also, Uber Freight launches, a fuel tax hike is still on the table and Amazon pushes furniture.

Sponsored by Canada’s Minister of Transport Marc Garneau, the proposed Transportation Modernization Act (Bill C-49) calls for the installation of locomotive voice and video recorders in train cabs, and a […]

Acting Customs and Border Protection Commissioner Kevin McAleenan said the agency will continue to lean heavily on the industry for input on how to improve trade facilitation and sharpen its […]

The U.S. Senate on Wednesday confirmed Jeffrey A. Rosen as deputy secretary for the Department of Transportation.

The Morris Plains, N.J.-based industrial conglomerate’s new Connected Freight solution is designed for high-value and perishable goods.

Meanwhile, the Hamburg-based shipping company on Wednesday published a lengthy question and answer document explaining the firm’s plans to restructure its debt.

The troubled Taiwanese ocean carrier will charter the YM Wind and YM Wreath from Seaspan and GCI Group, respectively, in an effort to grow its overall fleet while reducing average […]

The Japanese postal, banking and insurance conglomerate had a net loss attributable to the company of 28.98 billion yen (U.S. $261 million), less than the 40 billion yen loss it […]

Any trucker knows the importance of directions. Have the right ones, and there is a good chance you can arrive on time. But incorrect directions, and not only will you be delayed, but your employer may be out money for that late arrival. A new app is hoping to change that.

Volvo Group is testing a self-driving refuse truck. The truck allows a driver to walk behind the vehicle collecting refuse container. Also, it may be easier to test truck drivers for sleep apnea following a court ruling and the prospects for industry growth are perking up.

There is only a “negligible” chance of a Jan. 1, 2020 deadline for all ocean vessels to begin using low-sulfur fuel being postponed, according to Edmund Hughes, head of air […]

U.S. Secretary of Transportation Elaine Chao told a Chamber of Commerce forum the nation’s transportation infrastructure is in need of repair, and the Trump administration will share its infrastructure investment […]

The U.S. Department of Justice and members of Congress are putting pressure on the Federal Maritime Commission to more closely examine ocean carrier antitrust immunity as it relates to joint […]

U.S. District Judge William Alsup said Uber likely knew or should have known that Anthony Levandowski took and retained possession of Waymo’s confidential files, but Waymo’s patent infringement accusations proved […]

The Pacific Coast Council of Customs Brokers and Freight Forwarders Association says Kevin McAleenan, President Trump’s nominee for commissioner of Customs and Border Protection, has earned its support over 10 […]

The British International Freight Association named policy and compliance officer, while Hendry Marine Industries launched its new business development team.

Monitoring by the U.S. Federal Maritime Commission, however, shows individual ocean carriers within each vessel sharing alliance continue to “independently and vigorously compete on pricing,” according to Acting FMC Chairman […]

“If the thesis is that all of these small carriers who’ve been running illegally will be put out of business were they to comply with this mandate, there is no incentive for them to comply.” That is part of the reasoning that Stifel analysts have used to suggest the ELD mandate will not drive up shipping rates. 

Good morning. Hope the roads are clear where you are today. As it turns out, that is not often the case for many of us. The American Transportation Research Institute reported that congestion on U.S. roadways cost the trucking industry $63.4 billion in 2015 and resulted in 996 million hours of lost productivity, which is equal to 362,243 truck drivers sitting idle for an entire year.

The Coalition for America’s Gateways and Trade Corridors kicked off its annual meeting in Washington, D.C., this week by highlighting 43 freight projects that need federal partnership.

South Korean ocean carrier Hyundai Merchant Marine said increased sales and reduced operating costs helped offset a 59.2 percent increase in bunker fuel cost.

The strikes will take place from May 24 until June 9, during odd hours each Monday, Wednesday and Friday, according to a report from industry news outlet Lloyd’s List.

Taiwanese ocean carrier Evergreen Marine posted a net profit of 168.9 million NTD (U.S. $5.6 million) for the first quarter of 2017 on operating revenues of 33.8 billion NTD after […]

The French aerospace manufacturer has launched its U.S. base and operations of a new commercial drone startup, dubbed Airbus Aerial.

Over $6 million will be spent to rehabilitate the Cleveland Bulk Terminal’s structurally deficient bulkheads, and more than $2 million will be used to expand the existing entrance and security […]

VersaCold Logistics Services appoints chief operating officer, while Pilot Freight Services names vice president of corporate development.

A new discussion agreement filed with Federal Maritime Commission by ocean carrier group OCEMA and the Port Authority of New York and New Jersey would allow the parties to discuss […]

A boom in U.S. oil production is not only helping keep fuel prices low, but it is driving more trucking business. The addition of a 2-rig, 8-well design could drive between “5,850 to 8,905 truckloads of equipment, drilling fluids, sand, water, etc.”

FedEx said it was victimized by the massive cyber attack on Friday that hit businesses in an estimated 100 countries. Also, more venture capital money is flowing into trucking and 3-D printers may be altering the movement of freight in the near future. 

The South Carolina House of Representatives and Senate overrode Gov. Henry McMaster’s veto last Wednesday on a highway funding bill that will increase the state’s current 16.75-cent gas tax by […]

South Korea’s largest shipping company is purchasing 100 percent of shares in Total Terminal International Algeciras, which was previously operated by now-defunct ocean carrier Hanjin Shipping.

Intra-regional trade is leading the strong growth in container cargo traffic, up 17 percent compared with 7 percent growth in deep sea shipments, according to London-based maritime consultant Drewry.

The $14 million project to raise the height of four cranes at the Port of Oakland’s Ocean International Container Terminal will allow the facility to work larger containerships.

The inland intermodal terminal says products such as grains, hay and legumes could be loaded in Central Washington and shipped to Seattle and Tacoma by rail.

The Mediterranean port saw a decrease across all cargo sectors, but an 11 percent increase in the general cargo category, which includes containers, automobiles and conventional traffic.

Peel Ports appoints head of container operations and deputy chief operating officer, V. Group names interim CEO, AWO elects new chairman and vice chairman, IARW announces new board of director’s […]

The transportation consulting firm will be tasked with evaluating the merits of possible round-the-clock charges or port-wide “peel-off” programs at 13 terminals in the ports of Los Angeles and Long […]

This Week in Trucking, the U.S. and China have announced a trade deal centering on natural gas, financial services and beef. Also, a renewed push is on to approve hair testing in driver drug screenings and the rapid rise in last-mile delivery services is leading to plenty of new entries to the market.

Germany’s largest container shipping company, which attributed its 62.1 million euro net loss for the quarter to higher bunker prices and lower freight rates, says its merger with UASC is […]

The Honolulu-based ocean carrier placed an order for two dual-fuel capable 2,525-TEU vessels with the Keppel AmFELS shipyard in Brownsville, Texas, with delivery expected in the first and third quarter […]

Rates measured by the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index fell from Shanghai to Europe, the Mediterranean and the United States.

The San Francisco-based ride-sharing company could lose its fight in the European Union against being regulated as a traditional taxi service, but appears to be driving ahead in new business […]

U.S. exporters of beef and liquefied natural gas will soon have access to China’s burgeoning market, as a result of the U.S.-China Comprehensive Economic Dialogue.

The Port of Oakland says the trend towards bigger containerships means that even though fewer vessels are calling the port, volumes are increasing, diesel emissions are down, and berths are […]

Navios Maritime Containers plans to raise $75 million through a private placement to help fund its acquisition of 14 ships from Rickmers Maritime.

The global logistics provider posted a net profit of 14.6 million Kuwati dinars (U.S. $47.9 million) on revenues of KD 320.5 million for the first quarter of 2017.

The New York-based dry bulk carrier attributed the strong revenue growth to higher spot market rates achieved by the majority of the vessels in its fleet, which were partially offset […]

Container throughput at Port of Virginia terminals has increased 7 percent so far in the fiscal year that will end on June 30, according to recent figures from the Virginia […]

Trucking carrier Schneider National expects improving market conditions in the second half of 2017 driven by an improved freight market and electronic logging device mandate.

The container and dry bulk markets are seeing improvement thanks to high levels of vessel scrapping and an uptick in demand, but prospects for the tanker segment are less encouraging, […]

While in-store sales have been declining in recent years, retail sales as a whole have not due to growth in e-commerce. That is resulting in a shift in freight movement, with more heading to a growing number of distribution centers and less heading to brick-and-mortar stores.

There has been a narrative in the U.S. that retail is dying a quick death. The reality is that is just not true. So far in 2017, there have been nearly as many store openings announced as store closings. This FreightWaves infographic details some of the trends in retail and how trucking is responding.

A Court of Appeals has granted a 90-day delay requested by EPA and NHTSA in a lawsuit brought by the Truck Trailer Manufacturer’s Association over the government’s Phase 2 Greenhouse Gas regulations. EPA requested the delay in part so that it can review the rule, throwing some uncertainty into implementation of the rule.

The American Petroleum Institute hailed the decision by U.S. Customs and Border Protection to withdraw an Obama-era proposal to withdraw Jones Act exemptions, but the Offshore Marine Service Association says […]

However, the Danish shipping conglomerate’s ocean carrier subsidiary, Maersk Line, recorded a $66 million loss for the quarter.

Two U.S. House representatives have filed a bill to promote programs in two-year community and technical colleges to stimulate jobs in the domestic maritime industry.

The troubled Taiwanese ocean carrier plans to raise more capital next month after reporting higher revenues and container volumes.

Three large ocean carrier associations filed a proposal with the International Maritime Organization to consider as it develops a comprehensive Greenhouse Gas (GHG) Strategy for maritime shipping.

The mail carrier and logistics provider recorded consolidated net profits of 673 million euros (U.S. $731.6 million) on revenues of EUR 14.9 billion for the first quarter of 2017.

Ocean carrier Intermarine’s expansion follows a March announcement by Weco (formerly Nordana) that it was terminating a roll-on/roll-off service to the Mediterranean after 60 years of operation.

The Port Authority of New York and New Jersey will spend up to $70 million on a second environmental study and additional engineering work on a proposed freight rail tunnel […]