Batten down the hatches: Shipping stocks ‘unable to escape the torrent’
Bulk commodity shipping stocks held up well before this month. Now they’re falling alongside container shipping stocks.
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Bulk commodity shipping stocks held up well before this month. Now they’re falling alongside container shipping stocks.
Acuerdo alcanzado tras meses de rechazo
The Surface Transportation Board has granted Amtrak’s request to access limited confidential data from CSX and Norfolk Southern as the board mulls Amtrak’s request to establish Gulf Coast passenger rail service. The board also ordered mediation among all parties.
Not many retailers use them right now, but parcel lockers could hold the key to cutting last-mile costs.
On WHAT THE TRUCK?!?: Why this startup is betting big on Tesla Semis; Biden vs Boats; Shifting FreightTech needs and news
FreightWaves SONAR data can be indispensable, particularly in this environment.
What goods are being shipped and from where? How do the shipments that pass through Poland make it to Ukraine?
Alphabet-backed Wing is hoping to expand its drone delivery service in Virginia through the introduction of a public delivery zone.
Truckload spot rates from Chicago to Dallas continue to drop, and overall volume shipped from China to the US drops 36% in the last year.
The Federal Railroad Administration is now requiring the Class I railroads, Amtrak and commuter railroads to submit fatigue risk management plans annually to the agency.
FreightWaves presents the Small Fleet & Owner-Operator Summit on Wednesday, June 15.
Cass freight data shows shipments recovered in May as costs stepped down from record levels.
Logistics provider LeeWay Services Inc. filed for an initial public offering of up to $17 million with the Securities and Exchange Commission Monday.
Shanghai’s weekend quarantine of 15 out of its 16 districts affected the flow of exports bound for the Port of Shanghai, according to CNBC Supply Chain Heat Map provider OrientStar Group.
OceaNS Bridge Express, a partnership among NS, Union Pacific, Hapag-Lloyd and the Port of Virginia, could be a means to avoid West Coast port congestion while taking advantage of East Coast port capacity improvements.
BulkLoads.com founders Jared Flinn and Matt Fredin continue to expand their service offerings, launching Bulk Insurance Group this week.
Logistics warehouse operators Prologis and Duke Realty have come to terms in a $26 billion deal.
Almost all heavy-duty truck manufacturers are part of a safety recall involving improperly assembled steering gears from a Bendix subsidiary.
Ex-Amazon executive is seen as the more experienced operator that Flexport now needs.
Mexico-based suppliers are gaining ground in global manufacturing. Also, John Deere is transferring some U.S. operations to Mexico.
This week: Marathon Petroleum partners with WIT, CMA CGM plans to plant more coral nurseries and UPS re-commits itself to LGBTQIA+ employees for Pride Month.
Dock-to-driver programs can be a steppingstone for someone who can’t afford truck driving school.
Global 3PL Neovia Logistics Services recently announced plans to cut nearly 100 jobs at its Tannersville, Pennsylvania, facility on July 29.
President Biden made his case for getting ocean carrier reform on the books by accusing ocean carriers of jacking up prices for consumers.
Delta Air Lines will transport baby formula from London to two U.S. cities under the Biden administration’s Operation Fly Formula program.
Both sides were slated to return to the negotiation table Friday.
TuSimple co-founder Mo Chen launches Hydron, an autonomous trucking venture that would use hydrogen fuel to achieve zero emissions.
Analysts from J.P. Morgan and Bank of America warned of an impending disaster for U.S. imports.
On today’s episode Dooner and The Dude are ready to rumble as they’re talking to some of the most interesting and electric people in freight. Alex from The Asian Mai […]
In a presentation at the Gartner Supply Chain Symposium, a General Mills executive said transformation can’t occur if executives get tied up in the day-to-day.
May was one of the busiest months in history for the container ports of Long Beach and Charleston.
Insurance, safety and visibility solutions were major talking points as the industry anticipates an uptick in cross-border trade.
The air cargo market, like other freight sectors, is in a dip. There are mixed signs that air could bounce back sooner than other transport modes.
Tender rejections out of LA hit the floor at 3.4%, while out of Jacksonville they are reaching 17%.
Digital freight startup Convoy confirmed Friday that it is cutting 7% of its workforce in an effort to slash operating costs amid concerns about a downturn in the economy and its potential impact on the company’s customers’ businesses.
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
Some free money from California to buy down the cost of electric trucks remains, but you better hurry to apply.
At a key supply chain forum, executives from FourKites sit down and talk about visibility and the need to meet increasing customer demands.
Compliance with the Americans with Disabilities Act is a requirement for companies, and even honest mistakes can trigger violations.
Retailers need to rethink last-mile delivery, moving away from the idea of just delivering goods and toward the concept of a customer experience.
FMC rulemakings and reports included in the Ocean Shipping Reform Act of 2022 will begin taking shape soon after the bill is enacted. Here’s a breakdown.
Less-than-truckload carrier Yellow Corp. reported another drop in tonnage during May as its terminal rationalization continues.
President Biden underscored his support for ocean shipping reform as he prepares to speak at the Port of LA. Here’s a rundown of major efforts the administration has taken to date to ease supply chain disruption.
Why Flexport brought on Dave Clark; sriracha and tampon shortages; fuel is Morbin.
With President Biden to speak at the Port of Los Angeles on Friday, here’s a look at how California’s San Pedro Bay emerged as America’s key port complex.
Redwood Logistics will give customers the option to track and offset carbon emissions associated with freight operations.
“We are pleased with this settlement as it creates a common understanding in close cooperation and coordination with the authority on the future handling of demurrage and detention charges in the U.S.,” Hapag-Lloyd said.
Shippers have a hard time removing early-termination provisions from their contracts.
Sustainable last-mile delivery provider gofor partnered with PI Energy to wrap its EVs with solar panels for easy charging.
The baby formula crisis is still acute. FedEx and United Airlines are helping out by delivering new shipments of formula from overseas on Thursday.
Open dialogue is critical to retaining and engaging drivers.
The mobility and delivery platform teamed up with the United Nations World Food Program to deliver food to Ukraine.
With a federal judge recently invalidating leases to drill for oil and gas in the Gulf of Mexico, now is a great time for shippers and carriers to shift focus toward network and route efficiency in order to reduce the amount of empty miles and unnecessary fuel usage.
Major retailers like Target, Walmart and Amazon are suddenly packed with inventories. It’s a whiplash that’s spooking investors.
The FMCSA is looking to the public to help settle a controversy over what constitutes freight brokers, agents and dispatch services.
There is one reason behind this trade snarl. One. Can you guess? Bet you can’t unless you are an importer.
Supply chains can be a differentiator, and even a moneymaker, for retailers willing to embrace change and encourage risk.
Embark Trucks and BYD demonstrated what using electricity rather than diesel looked like in drayage with an autonomous truck.
Rejection rates soar out of Atlanta, and manufacturing is expected to be on the rise.
The easiest way to stop cargo theft is before it happens, and that is what Overhaul is trying to do with its risk management products.
Long overlooked, logistics professionals now have the attention of the C-suite, and it is time to use it to rethink operations.
Data from a recent survey shows that supply chain executives are paying greater attention to diversity, equity and inclusion.
The agency’s acting administrator updated Congress on the status of the agency’s rulemakings at her nomination hearing.
A FreightWaves survey of freight brokers found significant differences in entry-level base pay and commission rates by region.
The International Maritime Organization and a California congressman look for strategies to lower emissions on World Ocean Day.
The big problem with big ships; Amazon exec now co-CEO at Flexport; Fighting driver wait times; America’s Trucker charity golf tournament and more on the podcast
FreightWaves chats with Harris Ligon, founder and CEO of Telegraph, a startup that seeks to streamline rail service data in order to make day-to-day operations smoother.
The contract logistics provider said it wants to create the world’s largest air- and ground-based security robotics fleet.
Founder Ryan Petersen will become Flexport’s executive chairman after a six-month transition.
Capacity increased again in May, according to the Logistics Managers’ Index. However, the transportation market stabilized in the back half of the month.
Spot rates from Atlanta to Chicago are up 9%, while national intermodal contract rates continue to rise.
Green hydrogen producer Plug Power is building a plant at the Port of Antwerp-Bruges in Belgium to help decarbonize the region’s logistics.
As consumer demand rises, so do the challenges and costs of final mile delivery of oversized items.
Tractor Supply Co., which sells everything from lawn mowers to pet supplies, is a 2022 FreightWaves Shipper of Choice award winner.
StoreBound saw demand for its kitchen and furniture products explode during the pandemic, but its outdated technology was holding it back.
Reducing logistics costs starts by optimizing operations one piece at a time.
Companies ship by air because it’s faster than other modes. So how does shipping by sea actually help Cathay Pacific move air cargo through Hong Kong?
XPO Logistics is the latest logistics company to partner with Google Cloud, which is quickly gaining traction in the supply chain world.
A combination of rising fuel prices, lowering spot rates and falling imports makes for a freight market in transition.
EU sanctions on Russian petroleum exports could have much more serious repercussions than earlier U.S. moves.
At the Gartner Supply Chain Symposium, a vice president says supply chain officers are going to rise in importance in their companies.
The Western U.S. railroad joins the seven-member industry coalition as well as provides an update at an investor conference on how operations are going.
The French and Danish container lines CMA CGM and Maersk are reinvesting big profits in their air cargo fleets and service offerings.
Bid rates have all but bottomed out, and many shippers are jumping at the chance to save some money. Some industry experts, however, are urging shippers to proceed with caution.
Fruehauf returns to the U.S. with a new trailer manufacturing plant in Bowling Green, Kentucky.
Schneider announced the acquisition of deBoer Transportation, a regional dedicated fleet of 160 power units.
Each year, MTS Logistics sponsors the biggest bike event in the shipping industry to raise funds for Spectrum Works, a nonprofit workforce training program that provides job training and employment opportunities for young adults with autism.
There’s no wave of containers coming to rescue U.S. freight markets. Booking data shows that U.S. imports are cratering.
Waymo Via will reserve billions of miles of future autonomous trucking routes for digital load matching by Uber Freight.
The route optimization software provider is the latest last-mile delivery company to secure a sizable raise.
The new Nationwide shipping service launched Tuesday in three cities, with more to come.
The case of Daimler Truck’s missing powertrain controller modules may be tough to solve. The microchips in them are as popular as a Taco Bell drive-thru after the Great Mexican Pizza Famine and lots more valuable, so we all have a motive.
Restoration Hardware saw the need to be more flexible in its lane bid process but didn’t have the tools necessary to do so until it found Trimble’s Engage Lane.
Locus has turned its routing solution into an end-to-end delivery management platform for companies of all sizes.
With many of America’s top brands embracing a marketplace model, what’s stopping other brands from doing the same?
KBX Logistics is using 26-foot autonomous trucks from Gatik to replace some Class 8 routes in Texas.
Some truckers who joined the People’s Convoy are angry with organizers over the protest’s collapse and the fate of the $1.8 million raised from supporters.
Aera Technology has introduced new decision-making software that it believes can improve processes and speed common tasks within the supply chain.
As supply chain disruptions have become the norm in the past few years, Fictiv has worked with clients to create agility to manage the chaos.
Supply chain disruptions can be managed, said Gartner’s Brian Whitlock, but companies need to take a long view and make it a team effort.