Seko to pursue more acquisitions following first all-in purchase, executive says
Tuck-in type deals may be on the way, top marketing executive says.
Tuck-in type deals may be on the way, top marketing executive says.
The first branded 93,000-square-foot facility has opened its doors in Nashville.
Shipwell is a startup that turns “the imperfect into the perfect,” stated company co-founder and president Jason Traff while presenting on the MarketWaves18 demo stage.
SecurSpace develops Airbnb-like model for container storage as intermodal hubs getting tighter on space.
Arian was the president of the International Longshore and Warehouse Union from 1991 to 1994 and also served as president of Local 13 in Los Angeles.
Scott Pruneau is appointed CEO; Chris Sloope is promoted to chief operating officer.
Sponsored by Redwood LogisticsThe company told the Marketwaves Demo Day audience that it sees itself as the glue between different applications and technologies.
Initiative aims to keep good but rejected food out of landfills and onto plates.
More than 676,000 boxes of grapes, peaches, nectarines, apricots and plums were offloaded as the import season got under way.
But President Trump still hopeful a deal can be done; tariffs costing both sides billions, and truckers plan one-day labor action for April.
Carriers lower rates heading to the West Coast this year as inbound container volumes flood the ports.
Plus: The optical communications supply chain, carriers reflag ships ahead of Brexit, and Massachusetts to tackle pot delivery
Trade associations warn of big disturbances in the event of a “cliff-edge” withdrawal.
More than 130,000 containers have made the trip up and down the James River.
The European Shippers’ Council says that a no deal withdrawal from the European Union is the most likely scenario if the Conservative Government lose the ‘meaningful vote’ in mid-January and that could cause chaos on both sides of The Channel.
CEO Soren Skou tells Financial Times the company needs to do acquisitions in the logistics space.
The extension of the phaseout of 25 percent U.S. tariffs, agreed to during KORUS talks, was officially established in a presidential proclamation on Friday.
C.H. Robinson’s vice president of Global Ocean Product expects to see ocean carriers putting profitability above rankings and volume in the coming year.
Prime Minister Theresa May’s failure to garner enough support in Parliament for her withdrawal plan, mainly because of the Irish backstop has seen the protagonists dancing around each other in the UK Parliament while Europe refuses to join the ceilidh.
A pause for industrial real estate after a stellar run, JLL predicts.
Jurupa Valley, CA is building a badly needed truck stop. The locals don’t seem to want it.
On-demand warehousing provider STORD has raised just under $3 million in 2018 and is looking to hire 20+ people in the Atlanta region to scale up operations.
On-demand warehousing provider STORD has raised just under $3 million in 2018 and is looking to hire 20+ people in the Atlanta region to scale up operations.
Routeique will bring its expertise in end-to-end supply chain management to the Alliance.
We spoke to executives at Arrive Logistics and LYNC Logistics about the challenges in covering their customers’ exceptions and service failures in the lead-up to Christmas.
For decision-makers, it is worth understanding some of the basics behind artificial intelligence algorithms.
Crude oil crashes; FedEx slashes profit forecasts; Musk unveils Boring Company’s first tunnel; container and petroleum exporters fight at Port of Houston; Fed expected to make a ‘dovish hike’ today.
Basic amenities such as snacks and a bathroom rank high among truck drivers as improvements shippers can implement at their locations to improve the driver experience.
Terminals being hit with heavy volumes because of tariffs at a time when many longshoremen are taking vacation.
The vision for truck video systems goes beyond reducing one-time accident claims to creating more efficient, less risky fleets.
Jebel Ali Terminal 4 will feature what the company is hailing as a revolutionary racking system and will be ready by Expo 2020.
The pharmaceutical and healthcare facility is part of a plan to expand multimodal and temperature-controlled forwarding and warehousing services worldwide.
Suit alleging millions in DoD overcharges centers on proper reweighing.
Labor continues to rumble in warehousing sector; Autonomous truck demos one thing, but roadworthy vehicle is another.
Eric Baird, who once led Access USA Shipping, received the largest civil penalty imposed on an individual in the Commerce Department agency’s history.
Information about that data is more needed; box moves strong at Port of Los Angeles, but peak season in rearview mirror.
Universal and other carriers with exposure to automotive verticals face impact of GM plant shutdowns.
XPO Logistics has disputed the content of a report from Spruce Point Capital Management, a noted short-seller of stocks, that claims XPO has “perpetuated a massive financial scheme on the public.”
The Washington state port is retooling to handle bigger ships and heavier cargo. The transformation includes a large-scale mixed-use development featuring housing, hotels and office space.
The port sector has been much slower to adopt automation programs than comparable industries, according to a new report from McKinsey & Co.
Stock in the roll-up trucking and third-party logistics provider has lost nearly half its value in the fourth quarter of 2018.
Volume continues to slide but there was little change in the market over the past seven days.
German OEM major MAN Truck & Bus is investing heavily in clean mobility, and is now collaborating with the CNL consortium for testing 26-tonne electric trucks.
In partnership with Blume Global… In our view, increased digitization can make drayage markets more transparent and improve asset utilization, making carrier offerings more attractive on both a cost and service basis.
An Eaton clutch defect leads to a recall of International truck models and other OEMs may have to follow suit, plus Amazon Air takes off and intermodal growth being driven by inland ports.
Preparations by the freight industry to cope with the UK’s exit from the European Union (EU) were thrown into more turmoil by Prime Minister Theresa May’s decision to delay the Brexit debate indefinitely.
Transport, warehouse supply execs have big CapEx plans.
Job growth slowed in November after an impressive gain in the previous month, but signals from wages and unemployment suggest that labor market conditions remain generally healthy. The transportation and logistics industry had another strong month of hiring, with impressive job gains from trucking, parcel, and warehousing companies.
Also in the pickup: the sad state of interstate 81; farmers and truckers in the news; Saia’s fourth-quarter status report
EU guns towards a new regulation that forces fleets to provide minimum wages to drivers; OPEC meets today over oil price turmoil and production ceiling; China agrees to resume U.S. soybean and LNG imports.
Capacity is readily available in most regions of the country. Los Angeles has finally cooled off as the tariff deadline gets extended.
Review that began in May expanded to examine allegations at Memphis DC
After an unprecedented acquisition spree, XPO Logistics focused on IT. Here, robots move smartphones in an XPO facility.
As far as investors are concerned, the trade war is effectively back on.
FreightWaves adds commercial vehicle accident injuries and fatalities in SONAR as well as adds regions to the TRI.
But the industry is much stronger financially than container liner companies, according to the consulting firm AlixPartners
Ocean Alliance carrier will add Port Tampa Bay to the rotation of its transpacific Gulf of Mexico Express service.
Company says SmartHub:Connect provides “glass pipeline visibility of both your global transportation and e-commerce fulfillment from factory to shop floor.”
App allows drivers to review facilities, fostering better dialogue between two sides of freight transaction.
We spoke to Uber Freight Product Manager Stefan Sohlstrom and Convoy’s Chief Product Officer, Ziad Ismail, about last week’s releases and what increased transparency means for the brokerage industry.
A museum and hall of fame dedicated to the trucking industry is set to open in Chattanooga, TN in April 2019. The museum will be the only museum that is dedicated to the founders and companies that have made up the history of the trucking industry.
Big ships, bigger plans in store for Savannah
German logistics giant still has small share of U.S. package distribution, but hopes new centers will change that.
DHL’s advent into warehouse automation; India struggles with air pollution as coal consumption increases; WTI rates in danger of falling further.
The shipping network buildout continues.
The November Market Update, presented in partnership with Convoy, featured FreightWaves CEO Craig Fuller and Chief Economist Ibrahiim Bayaan, who discussed macroeconomic data and trends in freight markets.
Beijing-based startup Geek+ is a pioneer of AI-enabled logistics robots for warehouses, and is powering technological transformation of the logistics industry.
Freight forwarder’s leading indicator of trade is still positive, but growth has slowed with ocean freight showing the most decline.
Same-day shipping has been made popular by the likes of Amazon, but small-time retailers find it hard to keep pace. California-based startup Shipsi is changing that by assisting shippers to plug into last-mile delivery options and helping them provide the elusive same-day shipping experience.
Freight forwarder and logistics firm targets 5% annual growth through 2021 thanks to tie-up with CMA CGM.
The Canadian Parliament is still considering legislation but the union is pushing back.
Company faces backlash over allegations of poor treatment of workers in Memphis.
A variety of weather-related issues will impact the movement of freight heading into the Thanksgiving holiday.
Compliance director gets seat on industry committee; Ohio company hires two and promotes two.
Just three years after its founding in Seattle by two former Amazon executives, the leading digital freight brokerage Convoy reached a unicorn valuation and took the #4 spot in the Freight.Tech 25.
Construction workers have broken ground on a 378,405-square-foot warehouse located a mile from Interstate 80 in the San Francisco Bay area.
Largest industrial facility in Port of NY/NJ region to be built in 2 years.
Executives from MoLo, Steam, and Arrive gave insight into the complexity of West Coast freight market volatility, which goes beyond tariffs, and talked about how brokerages and shippers are responding.
The company targets $100 million incremental increase in operating profit within two years.
Hublock, a software solution based on data-sharing layer has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards relating to blockchain in the transportation/logistics/supply chain marketplace.
At Marketwaves18, Eric Berdinis said the industry can all benefit from a greater level of cooperation.
Deutsche Post DHL Group (XETRA: DPW) has taken a new approach to recruiting driving in Europe: offering to rotate them out of driving roles. Following a record-setting September, fleets continued to order trailers at near-record rates in October.
The Cass Truckload Linehaul Index reached another record high in October while the company’s Intermodal Price Index points to rising intermodal costs.
Blockchain solutions, improved interfaces, artificial intelligence and a tool for the intermodal business.
DHL hopes plan will attract new recruits to industry as shortfall looms.
XPO Logistics is rolling out four new LTL optimization technologies and has announced a fast-track and free process for military members and veterans to receive their CDL.
Second-largest cold storage company expands its footprint in the U.K.
Two Lebanese nationals are in custody on charges of attempting to illegally export weapons hidden in a car.
Ontario California has toppled the Atlanta market, the reigning capital of freight volume in the country. Surging volume is to blame. How long will the elevated volume last?
Can the multi-level warehouse model catch on?
A surge in freight from Los Angeles has started to inflect the Dallas and Houston freight markets. Meanwhile, Harrisburg, PA’s strong headhaul score makes that Northeast market a diamond in the rough.
Chassis lessor says acquisition will enable it to control tire quality and cost.
Under the partnership, My20 and GoLoad drivers with extra hours and capacity will receive critical Dock411 details before deciding to accept available loads.
As more delivery companies join Amazon partner program, speculation mounts about the e-giant’s transportation and logistics grab
CaseStack operates mixing centers for consumer product companies selling to retailers and helps manufacturers reduce transportation costs.
Intermodal services firm to boost presence in consumer goods sector with acquisition of LTL consolidator and brokerage.
Drewry’s Philippe Salles says the sheer volume of data required to provide granular track-and-trace details is a challenge to manage and decipher.
Job growth rebounded in October after Hurricane Florence disrupted hiring activity in the previous month. Within the transportation and logistics industry, trucking payrolls expanded for the sixth consecutive month, though growth lagged behind the pace of hiring among parcel companies and warehouses.
SONAR’s OTVI.LAX is clearly indicating that the strength in the inbound loaded container flow out of the Long Beach/LA port is continuing and gathering momentum.
Deliverr is helping businesses ship products on ecommerce platforms with an Amazon-like fulfillment service.