IMO 2020 low-sulfur regulation costs weighed
Demand for container shipping in the transpacific was another major topic at TPM19.
Demand for container shipping in the transpacific was another major topic at TPM19.
Flashback Fridays previews the soon-to-open Freight Alley Haul of Fame and showcases four trucking companies that contributed to the history of trucking.
Tariffs have forced U.S.-based retailers to rethink the sourcing of their goods. “Our 2018 country of origin chart was 29 percent made in China. In 2019 the estimate is it’s […]
UPS provides fulfillment, shipping for SMBs using e-marketplaces.
Market volumes have increased significantly over the past several days, bringing national levels to those similar to early March of 2018 when the market was thought to be more active. The data tells us one aggregate value cannot tell the whole story.
In partnership with Reliance Partners …Cargo theft is a threat for warehousing operations, and visualizing floor operations using 3D interactive maps could be a easier way out for security to pinpoint locations and movement of items in the warehouse space.
In partnership with Slync… Markdowns cost retailers $300 billion a year, and inventory mismanagement is largely to blame.
World’s largest ocean freight forwarder continues to grow volume, but impact of liner alliances also take toll on margins.
The Switzerland-based freight forwarder and logistics company reports both increased sales and profit for 2018.
Craft Ventures led the funding for the company, which wants to bring “Uber-like” efficiency to the drayage industry by linking freight forwarders with truckers.
Redwood Logistics spoke on the importance of technology in the retail supply chain at the 2019 LINK supply chain conference in Orlando.
Convey showcased its self-service delivery appointment scheduling platform at the 2019 LINK supply chain conference in Orlando.
CBP and the industry continue to bring clarity and control to a significant import process through regulatory changes and automation.
Nordstrom has been around for nearly 120 years, but changes in the way consumers shop have forced the retailer to evolve too. Jason Trusley, Nordstrom’s vice president of strategy and […]
The deal appears to make Lineage the world’s largest operator of temperature controlled warehouses.
The AU$92 million acquisition marked the second in February for the Australian company, which has made more than two dozen acquisitions since January 2017.
Worldwide customs and logistics software provider WiseTech Global has today announced the acquisition of Containerchain, a provider of a shipping container tracking and managing systems for AU$92 million (just over USD$65.8 million) in cash.
FreightWaves has closed $20 million in Series B funding from large strategic investors including Hearst Ventures, Prologis Ventures, and Revolution Ventures
Delay in tariffs comes after a week of talks in Washington with Chinese officials; but the threat certainly good for volumes coming into Seattle.
China service, terminals and logistics outweigh ongoing competitive situation in Guam and lower southbound volume in Alaska.
Unpredictable demand, expectations of a high service level, and labor scarcity are the most significant challenges that face logistics today, and it is crucial for warehouses to face up to it by having the right mix of automation and human resources on its floor.
“We have a lot of reasons to believe 2019 will be our best ever.”
VC-backed freight forwarder wants to expand geographic coverage and add freight expertise after latest cash infusion.
SoftBank’s Vision Fund led the Series D round, which Flexport will use to improve technology, open offices and warehouses and hire employees with operational expertise.
UPS has sued a pot delivery company in California saying the company is infringing on hits trademarks; also FreightWaves announces a War on Detention, Connecticut wants to add tolls, and Ford leaves South America.
Hurricane Katrina was a catastrophe of unprecedented proportions during the record-breaking 2005 Atlantic hurricane season, but it also served as an early example of how useful crowd-sourcing and satellite imagery can be in disaster response.
Flexible automation in warehouses is about maintaining floor robots that are mobile, scalable based on demand volatility, and equipped to collaborate with humans for optimizing operations.
Class 1 railroad plans ongoing projects at intermodal facility which is near major shippers and new warehouse space.
Ecommerce is revolutionizing the way supply chains work, with predictive analytics and warehouse optimization playing a huge role in keeping up with consumer expectations.
GreyOrange announced a AI-powered modular sortation system that provides flexible automation in modern distribution and logistics centers, and can sort close to 12,000 parcels per hour.
Shippers responded to tight capacity and high rates in 2018 by turning to managed transportation providers, and if the predictions for 2019 come true, they will likely continue down this path.
Cargo thefts fell 19 percent in 2018 compared to the year before, according to SensiGuard. Plus, the EU cuts a deal on truck emissions and another trucker protest is planned for this week.
Maritime groups tell California legislators not to give special treatment to Oakland Athletics.
The $17 million dock and crane rail extension is expected to be completed this summer, according to operator GT USA Wilmington.
Ocean carrier sees debt upgrade thanks to hitting cost synergy targets and fleet’s better fuel efficiency will help save operating expenses.
With the acquisition, J.B. Hunt’s Final Mile division has grown to 100 locations and 3.1 million square feet of warehouses and facilities space.
J.B. Hunt has closed its acquisition of Cory 1st Choice Home Delivery, adding the last-mile business to its Final Mile Services Division.
Morgan Stanley Real Estate Investing (MSREI), the private real estate investment arm of Morgan Stanley (NYSE: MS), has purchased a majority stake of KSH Infra Pvt. Ltd. for INR (Rupees) 3.5 billion or $49 million.
The newest release adds major weather data features, visualization and modeling tools, additional news features, and DOT highway cameras.
A 25 percent tariff on $200 billion worth of Chinese goods destined for the U.S. may get delayed again, but supply chain uncertainty persists.
Never-ending peak season may finally be peaking as shippers rush in goods; shipowners tallying up the cost of scrubbers.
So far this February has been what we would expect. Does the normally slow month have any surprises up its sleeves?
Convoy CEO Dan Lewis said that digital brokerage margins would expand until most participants adopted low-cost structure, then start compressing.
Plus One Robotics helps warehousing robots get scene perception, allowing them to identify and pick parcels from a cluttered pile.
Deal for intermodal brokerage and logistics firm comes amid strong growth in Pacific Northwest market.
Swissport will acquire the remaining 50 percent of Heathrow Cargo Handling Ltd. (HCH) it does not currently own from Air France, its joint venture partner. Swissport announced the acquisition on February 11.
U.S. ports handled 21.8 million TEUs in December, a 6.2 percent increase year-over-year.
Labor needs will rule the roost for industrial site selection.
Volumes and capacity remain flat through the first week of February. Has the freight market weathered the slowest part of the year?
Marten Transport and other public truckload companies could make a good stock investment if historical trends hold, says an analyst from Stephens.
General Motors plans to go all-electric in the future but does not expect profits until early next decade; Amazon is all set to move into the last-mile delivery segment; Tesla and Mercedes-Benz might collaborate over electric van development.
Predictive supply chain visibility platform FourKites has tripled its revenue since its Series B financing last year, and plans to expand its team, add features to its platform, and fund its zero deadhead initiative with the $50 million it has raised in the fresh round of investment this year.
Georgia lays out the welcome mat for the largest containership with new gear; Maersk CEO looks to land for next deals.
FreightWaves adds agricultural truckload prices and numerous warehousing and real estate data points to SONAR.
Moving cargo on the trade by rail and truck is becoming an increasingly feasible option.
With the growing complexity of supply chains, the technology advantage that managed transportation providers can provide becomes a key value-add for many shippers.
Ryder System, Inc. (R: NYSE) presented its Service Excellence Awards to top-performing carriers at its ninth annual Mexican Carrier Recognition Event in Mexico City on January 17. The event – reported in a press release by Ryder on January 29 – recognized 20 Mexican carriers for their excellence in service in Ryder’s international supply chain.
JUSDA, a supply chain platform that spun off Foxconn Technology Group, has raised $356 million in its Series A round.
Freight volumes recover as January closes. The artic air freezes the Midwest as the Chicago market heats up.
The joint venture of Japan’s three largest shipping companies said it benefited from the rush to get cargo into the U.S. ahead of threatened tariff increase.
Projects represent a niche market, company says.
Carriers are asking about the risks of delivering so called “ancillary” shipments that facilitate weed businesses.
Stanley Robotics has designed a droid system that can park cars at airports, that will be trialled at Gatwick later this year. And this system could be adapted for airfreight according to freight equipment supplier LLM.
Port handled 9.5 million TEUs in 2018 and believes technology can help solve “persistent systemic problems.”
Move prompted by customer ending Aberdeen business.
IPS Worldwide bankruptcy filing is another critical reminder that shippers need to better manage their accounts payable.
The NLRB overruled an Obama-era litmus test defining independent contractors, giving trucking companies’ defense against unions a boost along the way.
Swiss freight forwarder says 2021 strategic plan should make Ceva worth more as independent company.
International Longshore and Warehouse Union says plan to automate Pier 400 puts robots ahead of people.
APM’s move to add automated box handling equipment at large terminal has dock workers concerned about job security.
Bringg is a delivery logistics startup that integrates with logistics players and also with brands, bringing them together on an open platform where they can leverage the network and serve their customers optimally.
Chinese ecommerce behemoth JD.com is turning delivery schedules up a notch by introducing delivery drones in Indonesia and completing its first “government approved” drone delivery earlier this month.
Port truck operators could potentially increase their wages by using a new service from NEXT that helps them run shorter runs and return to ports with empty containers. The company just secured $97 million in funding to help it expand.
Demand for trained workers is growing, but few educators know how to teach the fundamentals of logistics as it is practiced today.
Higher rates to elevate inventory-carrying costs.
Top supply chain trends and Rhode Island collects more in toll revenue than it expected, plus the growing scooter logistics sector and more container checks.
Customs and Border Protection planned to start enforcing the in-bond changes on Feb. 6, but said the ongoing federal government shutdown forced its delay.
Lattice materials can be used to manufacture stronger yet lighter objects through the technique of additive manufacturing. A good place to start would be the automobile industry, which could do well with reducing its dead weight for improved fuel efficiency.
Relief is expected when volumes dip after Lunar New Year, which begins Feb. 5.
$2 billion in capex over the next ten years will nearly double Savannah’s container traffic to 8 million TEUs annually.
How can air cargo and dry van spot market rates be related? Could the movement of these two seemingly unrelated rates provide more evidence the market is slowing?
SpaceX’s lease on a 19-acre site at the port will end in February, while Cal Cartage will close its warehouse on an 85-acre site in July.
This April, the Freight Alley Haul of Fame museum will open in FreightWaves’ new corporate headquarters in downtown Chattanooga.
A growing number of factories, warehouses, and construction sites are integrating unpowered exoskeleton devices into their operations. Workers and companies using these devices are expected to benefit from increased safety and productivity.
Facility has been frequent target of labor action and drew attention of local politicians, who tried to evict third-party logistics firm.
Capacity is abundant even though volume is relatively strong. Carriers are having little trouble covering the available freight making it a shippers’ paradise in mid-January.
The MOBi-ONE is large enough to move washers and dryers, and do so autonomously through the air, perhaps redefining last-mile drone delivery before it even gets started.
Shippers and freight-handlers say U.S. agencies that oversee the flow of goods are starting to cut back services and working hours. On Tuesday, the Supreme Court handed a victory to American workers, ruling unanimously that independent contractors who work in transportation may not be forced into mandatory arbitration.
The United States is in the midst of a building boom for industrial space as the logistics market struggles to accommodate surging e-commerce demand.
Originally planned as an outlet mall, lot to get new lease on life as industrial property
Appointments are made and new leaders take the helm in the United States, Europe and South America.
Parts of California to get pounded with heavy rain, snow, wind this week. Treacherous travel and delayed loads likely.
Now the Airbnb-like startup with an online marketplace serving shippers, truckers and logistics companies has secured a partnership with ITS ConGlobal.
Will Amazon take more boxes at the expense of FedEx, UPS, USPS?
But Harbor Trucking Association says the union is misrepresenting California labor decisions.
Seko shifts from agency relationship to in-house operation.
The U.S. – China trade war continues to disrupt freight movements into the new year.
In partnership with Reliance Partners …With cargo theft being a regular occurrence, it is vital for fleets to stay alert and train their personnel to keep the truck and the trailer safe from hijackers.
COO calls the move “a natural extension of our growth in Europe and across our global network.”