ShipBob gains $17.5m in Series B funding
The e-commerce fulfillment and technology provider said it will not only use the investment to continue improvements on its technology dashboard, but also to expand its fulfillment centers across the […]
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The e-commerce fulfillment and technology provider said it will not only use the investment to continue improvements on its technology dashboard, but also to expand its fulfillment centers across the […]
The struggling South Korean shipbuilder will sell the new stock at 40.35 won a piece in a bid to strengthen its financial status, Yonhap News Agency reported.
The Swiss-based third-party logistics provider in May started printing the total amount of carbon dioxide emissions generated by sea freight shipments on each invoice.
In order to expand its protective and perishable service products and reduce customs inspections delays, the rail line has purchased 41 new gensets and successfully implemented a new “live” lift […]
Petredec entered into an agreement with Bidvest Tank Terminals to develop a liquefied petroleum gas (LPG) import and storage facility in Richards Bay, South Africa.
Delta Air Lines Cargo appoints managing director, cargo global sales; and Roadrunner Transportation Systems, Inc. names president of Roadrunner Freight.
Claiming the upcoming ELD mandate violated the 4th Amendment, OOIDA had asked the Supreme Court to hear the case. The Court has declined to do so, allowing the rule to go into effect in December.
In its latest State of the Freight webinar last week, FTR experts laid out their expectations and timelines for freight disruption, and as expected, sections were devoted to NAFTA and autonomous trucks.
The port operator subsidiary of Chinese conglomerate COSCO Shipping signed a $228 million deal to acquire 51 percent of shares in Noatum Port Holdings, giving the Asian shipping line access […]
The Rhode Island Department of Transportation has entered into a contract with Kapsch Traffic Com IVHS to design and build electronic tolling facilities and related infrastructure for the state’s controversial […]
The World Trade Organization on Friday issued a compliance panel report in which the United States said it rejects nearly all the European Union’s claims that U.S. subsidies to Boeing […]
Through its subsidiaries SAAM Puertos and SAAM Inversiones, SAAM acquired a 15 percent interest in Iquique Terminal Internacional (ITI) from Grupo de Empresas Navieras, and now controls 100 percent of […]
However, U.S. lamb export volumes and total value for the month fell 23 percent and 19 percent, respectively, compared with the previous April.
President Donald Trump said his proposal would reduce permitting time for transportation infrastructure projects, and includes an investment in new federal support for infrastructure, which will be matched by significant […]
The nation is about to heat up starting this weekend, and that could drive more volatility to already rising spot rates for agricultural haulers and shippers.
By using the technology already built into smartphones and focusing on drivers rather than vehicles, a new mobile application from global fleet safety company GreenRoad is aiming to increase driver safety and fleet efficiency without the need for hardware.
Do you have money to invest? If so, Martin Tillier has some advice: the time may be right to invest in trucking and logistics company stocks. Tillier notes that money spent on infrastructure will improve the fortunes of an industry that counts infrastructure as a critical piece to getting its job done.
The U.S. Transportation Department’s Federal Motor Carrier Safety Administration has announced two proposals that it said helps address the national shortage of qualified truck drivers.
The U.S. District Court of Puerto Rico held Inter-Island Ferry was within its rights in filing suit against Puerto Rico Ports Authority (PRPA) and the Maritime Transport Authority (MTA) for […]
The industrial real estate services and investment management firm said healthy consumer spending and strong e-commerce s ales are driving demand for warehousing and distribution space.
Since the port authority’s fiscal year began in July 2016, the port has moved 1.96 million TEUs, a 9.4 percent increase over the same period last year.
Commonly considered a driver protection rule, the federal coercion rule institutes large fines for companies that pressure drivers to drive in violation of federal regulations, including hours of service. But is it working?
On Tuesday, during the company’s shareholder meeting, Tesla founder Elon Musk updated investors on a number of initiatives and pushed back against critics of the Tesla Semi electric truck. Also, when is a fuel tax on a fuel tax, and inside the supply chain’s tech revolution.
Germany’s largest ocean carrier, Hapag-Lloyd, said it is confident it will be able to ensure a complete integration with Kuwait-based carrier United Arab Shipping Co. (UASC) by the fourth quarter […]
U.S. Secretary of Transportation Elaine Chao touted the benefits of automated vehicle technology at a DOT event earlier this week, but noted that the primary obstacle to the deployment of […]
Emmanuel Macron was officially sworn in as the president of France on May 14, which will be good for the future of international trade between France and countries across the […]
U.S. Customs and Border Protection’s new “The Truth Behind Counterfeits” campaign will focus on international air travelers who may be tempted to purchase counterfeit goods while abroad.
The U.S. Chamber of Commerce this week started the U.S.-Mexico Economic Council, an organization that will work to improve economic and commercial partnerships between the two countries.
Combined U.S. carload and intermodal cargo volumes increased 6.4 percent in May 2017 compared to the same period last year, according to data from the Association of American Railroads (AAR).
Atlas Canada, a subsidiary of Atlas World Group, has acquired freight brokerage Connect Logistics of Mississauga, Ontario, for an undisclosed sum.
Federal Maritime Commissioner Rebecca Dye told the 29th annual Agriculture Transportation Coalition conference that consolidation in the ocean shipping industry isn’t necessarily a bad thing, while touting the benefits of […]
The battle between Amazon and Walmart took another turn when Amazon announced it would begin offering discounted Prime memberships to those on U.S. government assistance. That could pull shoppers, and freight, from Walmart.
Since 2010 EPA emissions regulations went into effect, it has been said that in some areas of the country, the emissions released by heavy-duty trucks are actually cleaner than the air they are emitted into. But a new study by researchers at UC-Riverside calls that into question.
The Jacksonville, Fla.-based Class I railway’s shareholders voted 93 percent in favor of making the $84 million payment in connection with the retention of E. Hunter Harrison as chief executive […]
The International Air Transport Association wants to break free from outdated processes that hold air cargo back and has adopted a resolution that it believes will accelerate the modernization of […]
The Northwest Seaport Alliance, which comprises the seaports of Seattle and Tacoma, has approved a $52 million purchase of four container cranes, plus an additional $2.9 million in terminal improvements.
In addition, Maersk Line has ceased accepting cargo between Qatar and various countries, including the United Arab Emirates, Saudi Arabia, Egypt, Bahrain and Yemen, as diplomatic tensions rise.
The Northern California port’s rail profile could soon improve thanks to recent investments, according to Chris Lytle, executive director of the Port of Oakland.
The Pacific Northwest port, along with the City of Burien, Wash., and real estate company Panattoni Development, broke ground Tuesday on a 26.2-acre site that will house two industrial airfreight […]
The International Air Transport Association (IATA) appoints chairman of board of governors, while SeaCube and Kuebix both name new chief executive officers, and BIMCO elects president.
Many larger carriers already require their drivers to use ELDs, but for smaller carriers that make up the majority of the industry, the implementation of ELDs and their associated cost could be a game-changer. This infographic highlights some of the key facts around ELDs, their impact on operations, and potential solutions to mitigate those impacts.
The Federal Motor Carrier Safety Administration (FMCSA) has proposed a pilot program on truck driver split-sleeper berth time and hot it affects driver safety performance and fatigue. Also, a new driver training rule has gone into effect and how do you value truck manufacturers?
If past Roadcheck trends hold true, shippers moving flatbed loads will face higher rates because of this year’s inspection blitz. But they won’t be the only ones impacted by the Commercial Vehicle Safety Alliance’s annual safety campaign, which begins today and runs through June 8.
Dockworker labor strikes are scheduled to take place every other hour on Monday, Wednesday and Friday this week, and could continue into next week as well.
A new course developed in conjunction with Rutgers University in New Jersey aimed at rising executives in the industry will examine the necessary components for an intermodal carrier to ensure […]
The freight marketplace and rate management software provider has extended its online marketplace to the United Kingdom.
Delta Air Lines Cargo and Grupo Aeromexico have entered a joint cargo cooperation agreement to give customers with U.S.-Mexico cross-border shipments a broader array of flights and trucking options, the […]
MSC Group hires executive vice president of maritime policy and government affairs, while Huntington Ingalls Industries appoints vice president of strategic sourcing at the company’s Newport News Shipbuilding division.
President Donald Trump said the proposal would modernize air traffic control technology and lead to a more efficient aviation system, but opponents fear the proposal could hand over government assets […]
When capacity is tight, spot market rates increase, and that hurts brokers. There are other factors that affect rates, of course, but 3PLs have had few options to manage the underlying fundamentals that so negatively hurt their businesses. That is about to change.
After months of talking about his $1 trillion infrastructure improvement plan, President Donald Trump is finally set to unveil more details on the proposal today. Also, transportation’s best CEOs and there were fewer trucking jobs in May.
Import and export operations at the Brazil seaport have been halted due to strong winds and rains, negatively affecting refrigerated cargo for many local and international shippers, reports Reuters news […]
The nation’s trade deficit in goods and services stood at $47.6 billion in April, a 5.2 percent increase from March, surpassing the $46.5 billion deficit projection of economists polled by […]
The Federal Aviation Administration has proposed a $435,000 civil penalty against United Airlines for allegedly operating a plane that was not in airworthy condition.
Darien, Conn.-based short line and regional railroad operator Genesee & Wyoming has completed its acquisition of the shares of Atlantic Western Transportation, parent company of the Heart of Georgia Railroad.
The Atlanta-based parcel giant also unveiled plans to spend $180 million constructing a new package processing hub outside of Phoenix, Ariz.
The number of containerships deployed between Asia and the U.S. West Coast with capacity for 13,000 TEUs or more has nearly doubled since the start of 2017, but carriers are […]
President Trump’s decision to pull the U.S. out of the Paris Climate Accord could have a profound effect on global efforts to reduce greenhouse gases, but will probably have little impact on the U.S. trucking industry.
Walmart is testing a program where store associates will deliver online purchases, which could have a major impact on package delivery companies. Also, Waymo is testing a self-driving truck and monthly freight index climbs.
President Donald Trump’s decision to withdraw the United States from the Paris Climate Agreement on Thursday has U.S. industry organizations worried about the impacts on future international trade.
The Bentonville, Ark.-based retail giant started testing the delivery service, which will utilize in-store employees as drivers, at three stores in the United States.
Logistics systems provider Descartes Systems Group has acquired the assets of Progressive Computer Services, known as PCSTrac, for $11.25 million.
The fiscal year budget will help the port stay “laser-focused on targeted infrastructure improvements, technology solutions and strategic resource use,” according to Port of Los Angeles Executive Director Gene Seroka.
Although the Shanghai Containerized Freight Index rose on trades from Shanghai to North Europe to the Mediterranean, it declined on routes to the United States.
The Pacific Northwest port is is finishing up the final two segments of the West Vancouver Freight Access project, as well as looking ahead to a revamp of Vancouver’s Terminal […]
According to PIERS Data, South Korean ocean carrier Hyundai Merchant Marine handled 13,186 TEUs per week on the Asia to U.S. West Coast trade in April 2017, up 73 percent […]
April marked the seventh straight month in which intermodal pricing has grown, but that momentum is expected to slow as the year goes on, according to data from the latest […]
Saddle Creek names chief operating officer, Prince Rupert Port Authority appoints board member, the S.C. Department of Commerce names senior program director, and the American Trucking Associations’ executive director of […]
California is setting ambitious new environmental goals, but questions remain about whether truckers, marine terminals, and other links in the supply chain will be able to reach those goals, let […]
Kenco Group is known for its logistics services, but it is also becoming known for its innovation. Inside the Kenco Innovation Lab, next-generation solutions are being developed for today’s logistics companies.
A petition has been filed asking EPA to reconsider its Phase 2 GHG rules based on a procedural step that may have been missed. Also, spot rates climb and cargo theft remains a top concern.
Germany’s largest ocean carrier is looking to cut up to 12 percent of its almost 11,000 land-based employees, according to Rainer Horn, director of public relations at Hapag-Lloyd.
The Committee for Economic Development of The Conference Board said deferred maintenance and a growing gap between investment needs and available funds threaten the ability of our roads and bridges […]
The management board of HSH Nordbank AG has “surprisingly denied” approval of the term sheet for Rickmers Group’s planned financial restructuring, according to a statement from the company.
Developing countries that accede to the World Trade Organization’s Information Technology Agreement stand to gain billions of dollars in their economies, according to recent report from the Information Technology and […]
The Federal Aviation Administration will award up to $527.8 million in infrastructure grants to 584 airports across the country as part of the agency’s Airport Improvement Program.
Shipment volumes in April 2017 were up 4 percent compared with the same 2016 period, while expenditures grew 6 percent year-over-year, potentially signaling a sustained positive trend towards growth, according […]
The trucking and intermodal company, formerly of Cudahy, Wis., has also hired Terence R. Rogers as the new executive vice president and chief financial officer in wake of costly accounting […]
The all-cargo airline handled 158,000 metric tons of cargo during the first quarter of 2017, an increase of 17 percent compared with the same 2016 period.
USA Truck hires vice president, revenue operations, Day & Ross appoints president and CEO, NxtPort names new chief technology officer, and ECS Group nominates CEO.
Washington, D.C.-based think tank Institute for Science and International Security warns some export control reform actions could make it easier for pariah nations or terrorist groups to obtain sensitive U.S. […]
Headlines are declaring the death of the truck driver at the hands of the autonomous truck. But what if that doesn’t happen? Looking deeper into reports of job losses finds that significant impacts are likely 20 years away – if at all.
J.B. Hunt is investing $2.75 million in the University of Arkansas for creation of the J.B. Hunt Innovation Center of Excellence. The center will allow students to work with J.B. Hunt employees to solve real-word supply-chain problems. Also, tips on surviving a ransomware attack, consumer spending rises, and if there are so many jobs available, where are the workers?
Despite a $16 million aggregate financial loss for ocean carriers in the first quarter, London-based maritime consultant Drewry is projecting a $1.5 million profit for the industry and may even […]
The 70 acres of property at the Point Breeze Business Center is expected to be used as a container storage location, but can also be used for automobiles and roll-on/roll-off […]
Meanwhile, Commerce Department’s Census Bureau reported that new orders for manufactured durable goods in April decreased 0.7 percent to $231.2 billion after four consecutive monthly increases.
The Athens-based shipowner attributed a sharp decline in earnings primarily to the impact of ocean carrier Hanjin Shipping’s bankruptcy, which resulted in $22 million in lost operating revenue, as well […]
U.S. Transportation Department’s Deputy Secretary Jeffrey Rosen has been tapped by Secretary Elaine Chao to head the department’s Regulatory Reform Task Force.
“While we’ve always been a freight forwarder, the bulk of our business has been driven by northbound transportation into the Canadian market,” Purolator International President John Costanzo said of the […]
Direct ChassisLink, Inc. names president, Kansas City Southern adds four new members to its board of directors, and Genesee & Wyoming appoints board chairman.
Rep. Alan Lowenthal, D-Calif., says he wants freight infrastructure to “declare its independence” from the Obama administration’s Fixing America’s Surface Transportation (FAST) Act because it is too closely tied to […]
In 2015, the trucking industry experienced over 996 million hours of delay because of congestion, which is equivalent to 362,243 commercial truck drivers sitting idle for an entire working year, at a cost of $63.4 billion. Here are some more facts about congestion.
McKinsey & Company has recently issued a report on potential impacts to the trucking and rail freight industries in the U.S., Canada and Mexico. The report, “Four forces to watch in trucking and rail freight,” identifies critical structural issues that executives must pay attention to in the immediate future.
Deutsche Post DHL Group in cooperation with AXIT recently held a live demonstration of how a must-have repair part could be manufactured and delivered to its end user in a single day thanks to technology.
The improvements in 3D printing technology has boosted the hopes that one day supply chains will become shorter as products are printer on-demand in close proximity to end users. Deutsche Post DHL Group and IT logistics provider Axit recently showcased how replacement parts could be produced and shipped in the same day.
Operations at the Port of Chittagong remained suspended as of 3:00 p.m. local time Tuesday, but flight operations at Chittagong’s Shah Amnat International Airport have resumed, the Dhaka Tribune reported.
The parcel carriers will focus initially on international delivery services from China to the United States and plan to expand their joint offerings to other destinations in the near future.
The largest port on the U.S. East Coast saw its share of containerized cargo slip in the first four months of 2017, but may have a chance to gain market […]
Rep. Mark Meadows, R-N.C., last Thursday introduced the Revamping American Infrastructure Act of 2017, legislation that would to remove outdated regulatory obstacles and encourage the use of technology, according to […]
The civil settlement reached Friday over a former food supply contract to the Defense Department will allow Agility to move forward on future U.S. government business, the third-party logistics provider […]