Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
4flow names executive vice president, Milestone Equipment Holdings appoints president and chief executive officer, the New York/New Jersey Foreign Freight Forwarders & Brokers Association elects new president, and Tideworks Technology […]
Hearing on NAFTA modernization The House of Representative’s Committee on Ways and Means will convene a hearing on the modernization of the North American Free Trade Agreement (NAFTA). USCG cyber […]
Calling it the “most innovative, most exciting trucks from Volvo in 20 years,” Volvo Trucks North America officially took the wraps of its updated VNL family of trucks.
Volvo Trucks this week introduced its updated VNL series, provided additional updates on its recently introduced VNR series, and showed off its new Customer Center at its growing Dublin, VA, facility.
Amazon Prime day yesterday represented a real test for the e-commerce giant’s logistics and supply chain. In addition to its contracts with FedEx, USPS and UPS – which all will have a busy couple of days to meet all these Prime orders – Amazon’s fleet of planes will be busy moving goods around the country.
The U.S. Department of Transportation’s Office of Inspector General is conducting an audit to address concerns about oversight of federal funding or financing for positive train control projects and recipients’ […]
With so much acrimony already between the U.S., Mexico and Canada over various commodities traded across their borders, just imagine how hard it will be for the Trump administration to […]
Trucking and logistics company Heartland Express acquired 100 percent of the outstanding stock of Interstate Distributor Co.
Direct ChassisLink, a marine chassis and asset management services provider, has launched a new chassis leasing service offering motor carriers and other drayage providers who operate at the ports of […]
The North Atlantic port handled 565,052 TEUs in May, up 7.6 percent from May 2016, and officials expect volumes to grow even further now that ships up to 18,000 TEUs […]
When the U.S. auto industry came roaring back to life, it was a boon for carriers who made their business hauling autos and related products. But as sliding sales in 2017 show, nothing lasts forever. And it’s possible that the future is even murkier for carriers who rely on the auto business for their livelihoods.
Someday real soon, vehicles will self-diagnose themselves, order the repair parts, and maybe even replace the part themselves. Vehicle maintenance is already partially of the way there. but the U.S. Marines are going a step further.
The Port of Los Angeles and General Electric recently launched an ambitious data portal pilot program that will digitize the movement of shipment information in an effort to improve the […]
As of June, 178 containerships with an aggregate capacity of 474,000 TEUs were idle, with over half of the ships having a capacity of 2,000 TEUs or less, according to […]
The Northern California port handled 204,255 TEUs for the month, with full container imports reaching 80,253 TEUs and full container exports totaling 75,460 TEUs.
The South Korean ocean carrier signed a memorandum of understanding with Saigon Newport Corp. for the joint development of port and container depot facilities in Vietnam.
The United States increased its amount of beef, pork and lamb exports in terms of volumes and value in May compared to a year prior, according to data from the […]
Janel Group, Inc. names new president, while the U.S. Army Corps of Engineers, Charleston District appoints new commander.
Surprisingly, a new survey from SOTI has found that nearly 70% of transportation and logistics executives have not grasped the importance of rugged handheld mobile devices in the field.
Multiple reports have indicated that Walmart has threatened to withhold business from any trucking company that continues to haul goods for Amazon. Walmart has denied making any such threats, but the mere suggestion of it raises questions that carrier executives need to address.
Under the terms of the deal, Chinese conglomerate COSCO Shipping will own 90.1 percent of Orient Overseas International Ltd., parent of Hong Kong-based container carrier OOCL, while Shanghai International Port […]
Seeking to build “greater lane density to improve utilization and yields through more efficient dispatch and capacity allocation,” Heartland Express Inc. announced it is acquiring Interstate Distributer Co. (IDC) of Tacoma, WA, from Saltchuk Resources.
Are you ready for electric vehicles? A new report from Bloomberg New Energy Finance (BNEF) says that electric vehicle (EV) sales will account for 33% of all light-duty vehicles on the road by 2040.
Shipment volumes grew 7.1 percent in May 2017 compared to the year prior, confirming the first positive indication in October 2016 was a change in trend and not a one-off […]
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai Containerized […]
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to figures from the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.
Maersk Line and parcel carrier TNT Express are just now getting major functions back online after last week’s massive cyber attack, compounding a systematic problem that needs to be addressed […]
The National Customs Brokers and Forwarders Association has offered the Federal Maritime Commission myriad suggestions on how the agency rules applying to NVOs and forwarders should be amended or eliminated.
Meanwhile, President Donald Trump is currently attending the G20 Summit in Hamburg, where members – comprising 19 countries and the European Union – are discussing international trade, among other global […]
The purchase expands American Fast Freight’s global logistics platform by adding, among other things, 2 million square feet of warehouse space and 150 rail spots, according to a statement from […]
The U.S. Federal Maritime Commission has received 15 ocean transportation intermediary license applications and changes for review.
Don’t get hung up in the back-end weeds of blockchain technology – it’s about transferring value between parties
Challenges associated with the ongoing deployment of larger containerships are resulting in higher terminal costs, and in some cases, poorer terminal service for the same volumes, according to industry analysts […]
Omron Adept’s mobile robots are already hard at work in warehouses around the world, but as sales increase, lithium ion battery transport regulations are becoming more strict up and more […]
It’s so simple, that it’s somewhat surprising someone has already come up with the idea. Einride, a Swedish startup, has developed an electric-powered, self-driving box on wheels. The T-pod made its debut this week with a promise to revolutionize cargo movement.
Following a disappointing retreat in orders in May, Class 8 truck orders rose in June according to data just released. That reinforces the outlook for the remainder of 2017 as many of the orders are for fourth quarter delivery, according to FTR.
State-run Chinese conglomerate COSCO Shipping Holdings is projecting a net income for the first half of 2017 of around 1.85 billion yuan (U.S. $272 million).
The revised rules from the BIMCO-led group include information on insurance issues, how to effectively segregate cyber networks, and how to handle cyber security during port calls and when communicating […]
United States gross domestic product increased 1.4 percent in the first quarter of 2017, down from from a 2.1 percent growth rate the previous quarter but up from previous projections, […]
The State Council of the People’s Republic of China held a meeting Wednesday in which guidelines were approved to take measures to reduce logistics costs and improve logistics efficiency.
United States railroads originated 1.07 million carloads and 1.11 million containers and trailers in June 2017, year-over-year increases of 4.4 percent and 4.6 percent, respectively.
May 2017 marked the eighth consecutive month of rising intermodal freight rates, but at roughly half the pace compared with the beginning of the year, according to data from the […]
Virgin Atlantic Cargo names head of global accounts and regional sales manager for the United Kingdom, while the Short Line Safety Institute selects its executive director.
Shut downs of operating systems due to cyberattacks are complete handicaps for logistics companies and lead to significant amounts of lost business as well as productivity. But can they be prevented?
The trucking turnover rate at truckload fleets remains near historical lows, but it did tick up a bit in the first quarter of 2017, said the American Trucking Associations.
German third-party logistics provider Rhenus Logistics has signed an agreement to buy Australian freight forwarding company and customs broker O’Brien Customs and Forwarding Pty Ltd. for an undisclosed price.
African airlines posted the largest year-on-year increase in demand of all the world regions in May 2017, with freight volumes growing 27.6 percent, according to the latest figures from the […]
The settlement agreement, which resolves all legal issues related to allegations the Kuwait-based 3PL overcharged the Department of Defense while supplying food to U.S. military troops, will allow Agility to […]
Containership leasing giant Seaspan Corp. is continuing negotiations surrounding employment agreement modifications for Chief Executive Officer Gerry Wang and hopes to reach a deal before the end of July, the […]
The international financial institution approved a $345 million credit facility and a $12 million grant for the new Dar es Salaam Maritime Gateway Project in Tanzania.
Other factors contributing to the derailment of a BNSF ethanol train on Sept. 19, 2015 near Lesterville, S.D., included an FRA regulation that allowed high-hazard flammable unit trains to continue […]
Logistics enterprise software provider WiseTech Global reached a deal to acquire Bysoft Solucoes em Sistemas Para Comercio Exterior Ltda (Bysoft), the largest provider of automated customs solutions to the logistics […]
A new law in Kentucky will allow the Atlanta-based parcel giant to us golf carts to deliver packages throughout the state, and UPS is planning to take advantage of the […]
Starting July 2, the Luxembourg-based all-cargo carrier will now offer four scheduled weekly flights to and from the capital city of Quito, Ecuador.
American Airlines Cargo’s new temperature-controlled room at its cargo facility in the London-Heathrow Airport is aimed at handling increasing shipments of pharmaceuticals.
The Indian trucking market is not unlike that of the U.S. Technological change is happening, albeit a little slower in India, Numadic is one company that is trying to quicken the speed of change.
The Department of Transportation has revised and renamed its FASTLane program to “align [projects] with national and regional economic vitality goals and to leverage additional non-federal funding,” it said.
The French ocean carrier will sell a 90 percent equity interest in the Global Gateway South terminal at the Port of Los Angeles to EQT Infrastructure III for $817 million.
Eli Glickman took over as president and chief executive officer of ZIM Integrated Shipping Services Ltd on July 1, replacing Rafi Danieli, who had served in the post since 2009.
Hong Kong-based 3PL Kerry Logistics Network has acquired 50 percent stake in Lanzhou Pacific Logistics Ltd., joining with China Railway Container Transport Co. Ltd. which oversees the management and operations […]
Austrian third-party logistics services provider Gebrüder Weiss has placed three U.S. offices under a single brand in Atlanta, Boston and Los Angeles, effective July 3, and is opening offices in […]
The Hoyer Group has acquired French intermediate bulk container lessor CCR, which has a strong presence in the cosmetics industry.
ZIM names president and chief executive officer, Kane Is Able appoints senior vice president of sales and marketing, and the 21st Singapore Shipping Association introduces SSA Council 2017/2019.
Blockchain is a technology that is rapidly growing in many industries, and its potential to disrupt traditional work flows in transportation is large. This graphic illustrates some of the potential areas where blockchain can be used to improve operations.
The logistics of transporting fresh produce from fields and warehouses to store shelves is already complicated by regulations and the seasonal nature of the products, but Amazon’s entry into the market could further complicate the journey.
The first unofficial pictures of Waymo’s self-driving truck have emerged, creating a stir among the companies racing to become the first to make a production autonomous truck available.
U.K. Customs has approved a new electronic “fallback” system to take over the processing of air cargo shipments should the agency’s umbrella IT system experience a prolonged outage.
The U.S. Transportation Department’s Infrastructure for Rebuilding America (INFRA) discretionary grant program, which advances a pre-existing grant program established in the 2015 FAST Act, will place a heavy focus on […]
A group of 13 companies have joined forces with the International Maritime Organization as part of the Global Industry Alliance to reduce carbon output in maritime transportation.
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all increased since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai Containerized […]
The National Academies of Science, Engineering and Medicine released a report that gave recommendations on reforming the Federal Motor Carrier Safety Administration’s Compliance, Safety and Accountability program.
According to a recent report from the Commerce Department’s International Trade Administration, global trade in U.S. media and entertainment goods in the next three years is expected to increase 8.3 […]
The Honolulu-based ocean carrier reported a profit of $25 million for the third quarter of 2016 on $500.4 million in revenues.
German ocean carrier Hapag-Lloyd is expecting its recent merger with Dubai-based United Arab Shipping Co. (UASC) to generate various benefits and synergies for the newly joined company, but they won’t […]
Across the nation, rising freight volumes, a strong produce season and the ongoing oil boom are driving up spot rates, but how long will the current trend continue?
According to research from KPMG and HfS Research, more companies than ever are outsourcing their supply chain and logistics services as the job of moving product becomes more complicated.
Chairs of the House PORTS Caucus – Congressmen Alan Lowenthal (CA-47) and Ted Poe (TX-02) – sent a letter to DHS Secretary John Kelly to get a classified understanding on […]
Standard & Poor’s confirmed Hapag-Lloyd’s B+ credit rating in the wake of its merger with United Arab Shipping Co., and removed the German shipping company from its CreditWatch.
The Federal Aviation Administration said Dan Elwell, who has both extensive government and private sector aviation experience, has been sworn in this week as its deputy administrator.
Upwards of 1,200 graduates of the nation’s federal and state merchant marine academies are now taking their place in the U.S.-flag maritime industry or military branches, according to the American […]
The Federal Aviation Administration has proposed a $63,000 civil penalty against Terrazzo USA & Associates of McLoud, Okla. for allegedly violating federal hazardous materials regulations.
The Lake Oswego, Ore.-based railroad transportation equipment manufacturer’s revenues for the quarter, which ended May 31, 2017, tumbled 28.3 percent year-over-year to $439.2 million.
The global logistics provider has opened a temperature-controlled warehouse facility by Dublin Airport to support life science manufacturers in Ireland.
The Long Beach Board of Harbor Commissioners approves director of human resources services; and the Port of Corpus Christi Authority hires director of operations and financial controller.
The world’s largest liner carrier and its associated businesses are gradually recovering from Tuesday’s massive cyber attack, but some systems remain shuttered.
New Prime (Prime) has been granted an exemption by the Federal Motor Carrier Safety Administration for commercial learner permit (CLP) drivers to operate a truck without a CDL holder in the front seat under certain conditions.
Stanford researchers have successfully charged an object while it was in motion, potentially leading to in-motion charging of vehicles in the future. “The hope is that you’ll be able to charge your electric car while you’re driving down the highway,” says Shanhui Fan, professor of electrical engineering at Stanford.
Researchers from the National Academies of Science, following a mandate from Congress, have recommended changes to the Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountabilty (CSA) program.
The state could see the construction of a new intermodal facility, plus move forward with plans for a new deepwater seaport and further develop an existing port, Oregon Shipping Group […]
The world’s largest container line is one of many companies and organizations that have reported being hit by a cyber attack this week.
The Atlanta-based parcel giant will suspend pension payments for about 70,000 non-union employees effective Jan. 1, 2023, and move those workers to a 401(k) plan.
PhilaPort’s Pier 122 received its first vessel in 20 years on Tuesday, which was carrying Hyundai and Kia automobiles.
The New York-based provider of local delivery fulfillment solutions for businesses has raised a total of $14.5 million in finding since 2015.
The Danish port will launch an environmental impact assessment process, which is expected to commence in early Autumn, to look into the possibilities of further expanding the port with up […]
The latest deployment of U.S. Customs and Border Protection’s Automated Commercial Environment (ACE), originally scheduled for July 8, will include liquidation, reconciliation, drawback, duty deferral, collections and the Automated Surety […]
A new market analysis by Noel Perry, truck & transportation expert for FTR Transportation Intelligence, argues the economics of 33-foot doubles – and, based solely on economic reasons, there is a valid case, Perry says.
After five days, the port truckers strike in Los Angeles and Long Beach came to an end on Friday with striking truckers delivering a petition with 10,000 signatures on it to LA Mayor Eric Garcetti and Long Beach Mayor Robert Garcia.
The Taiwanese carrier is asking for time to study the feasibility of opening the remaining rounds of issuance to current shareholders as well, instead of just select investors only, which […]
The U.S. House of Representatives on Monday passed two separate bills in an effort make it easier for qualified military veterans to obtain their commercial driver’s licenses.
According to audio branding specialist PHMG, callers to North American logistics and couriers who are placed on hold may be compelled to hang up faster due the music selection or […]
