More American Shipper Headlines
Maritime
Container shipping trilemma: Weak rates, new ships, pricey charters
Maritime
Logistics
Rating, booking APIs make complete procurement automation possible
These new API offers from p44 represent the next step in supply chain connectivity, paving the way to a more transparent and collaborative future.
The Future of Supply Chain
Port of Cleveland attempts to punch above its weight
Container News
Maritime
West Coast port labor deal reached; peak season chaos averted
The U.S. supply chain has dodged a bullet. A new dockworker labor deal will keep the peace at West Coast ports.
American Shipper Infographics
Infographics
Weekly NTI Update: June 26, 2023
Weekly NTI Update
Most Popular American Shipper Articles
Air Cargo
Western Global Airlines grounds cargo jets as bankruptcy rumors swirl
Western Global Airlines appears to be winding down operations for a potential bankruptcy.
Air Cargo
O’Hare airport cargo terminal opens without taxiway for aircraft
A developer has completed a sophisticated cargo terminal at Chicago O’Hare airport. The tenant has moved in. But cargo planes can’t pull up to load and unload because of construction delays for a new taxiway.
Air Cargo
ASL Airlines United Kingdom begins flying 1st cargo jet
ASL Airlines United Kingdom has two cargo planes in its fleet after receiving a Boeing 737-800 converted freighter.
The Future of Supply Chain
Reduced risk, regionalization become supply chain priorities, economics expert says
Companies and governments are moving to de-risk their supply chains, says CNN and Financial Times economics expert Rana Foroohar.
Air Cargo
FedEx to shut down 29 more aircraft as demand shrinks
FedEx is downsizing its fleet again during the next 12 months to match weak international and domestic package shipping demand, and save money.
Viewpoint
Trade tea leaves showing peak season status quo
The logistics pipeline is a tea leaf forecasting China’s economy and the flow of freight tells investors the bottom line of logistics companies.
Trade Compliance
News
How has state marijuana legalization affected trucking?
The American Transportation Research Institute is again investigating the safety and other impacts on the trucking industry of state-level marijuana legalization — as well as additional questions the issue raises.
Trade and Compliance
Flexport juices trade finance program with $200M credit line from KKR
Top Stories
FreightWaves SONAR data revealed global recession months before FedEx’s earnings
Global Supply Chain
Flexport taps Amazon pipeline again for operations leader
Infrastructure
Trucking
Truck parking in Texas, Louisiana gets $33.5M boost from DOT
Government sponsors are finding ways to add capacity for truck parking through long-standing federal grant programs.
Shipping + Maritime
Maritime
Supertanker rate roller coaster: Surprise spike to $91,000 per day
The International Energy Agency predicts Asia will buy growing volumes of U.S. crude through 2028. That’s good news for supertanker demand.
Maritime
Common misconceptions hinder shippers from unlocking full advantages of ocean visibility
Global Supply Chain
Demand for global supply chain intelligence continues to rise
Shipper's Perspective
Shippers Perspective
5 things shippers should know about real-time freight procurement
Uber Freight’s Market Access is an AI-powered algorithm that gives shippers transparent freight pricing and greater control over their procurement stipulations.
Shippers Perspective
How should small-package shippers choose delivery partners?
Trucking
Food giants cash in on ‘pet parents’ buying gourmet meals for ‘fur babies’
FreightWaves Classics
FreightWaves Classics: Shipping line brought fresh fruit to the Northeast in the late 1800s
Air Cargo
Parcel Freight
FedEx to merge Express, Ground operations in Canada
Express operations will be in charge of FedEx’s unified Ground and Express network in Canada.
Air Cargo
Pilots’ mix-up of failing engine caused 2021 cargo jet crash off Hawaii
Fuel
Fuel News
Retail diesel drops again as oil futures markets head higher
The benchmark diesel price used for most fuel surcharges declined Monday for the 19th time in 21 weeks.
Rail
Railroad
Critics challenge the independence of railroad-employed police
Some families of victims of deadly railway accidents say railway police are torn between seeking the truth and protecting the company name. Railroads say safeguards are in place.
Railroad
Railroads move to create more access between Mexico, Texas, US Southeast
Canadian Pacific Kansas City, CSX and Genesee & Wyoming railroads aim to establish a direct interchange connection near Myrtlewood, Alabama.
Railroad
STB orders BNSF to send more coal trains to Montana mines
The Surface Transportation Board has ordered BNSF to meet the Navajo Transitional Energy Company’s request for more coal trains.
Railroad
Train derailment sends tanker cars into Yellowstone River
A train derailment Saturday morning sent multiple tanker cars carrying hazardous materials into the Yellowstone River.
Railroad
Witness testifies freight car involved in NS train derailment was not inspected
“There are qualified mechanical inspectors at all these points, and they were not allowed to inspect this car at any of those locations,” Jason Cox, of the Transportation Communications Union, testified at a National Transportation Safety Board hearing Friday.
Railroad
CPKC, CSX form joint venture for hydrogen locomotives
Class I railroads CPKC and CSX are working together on developing CPKC’s conversion kits that can retrofit diesel locomotives into hydrogen locomotives.
Railroad
Cowen foresees negative financial impact of reciprocal switching
A research note from investment firm Cowen predicts reciprocal switching will hurt U.S. Class I railroads financially.
Railroad
NTSB examines communication gaps at East Palestine train derailment hearing
The National Transportation Safety Board is holding a field hearing in East Palestine, Ohio, to garner more information on why the Feb. 3 derailment of a Norfolk Southern train happened.
Railroad
CPKC and Americold collaborate on refrigerated rail service offerings
CPKC and Americold are collaborating on building a refrigerated service network for markets in the Midwest and Mexico.
Railroad
Railway carmen back BNSF request for brake safety technology expansion
BNSF is seeking a waiver from the Federal Railroad Administration to expand a brake health technology program, and the Brotherhood of Railway Carmen supports the effort.
FreightWaves News
Mexico Borderlands
Borderlands: Texas vertical farms designed to disrupt fresh produce supply chains
This week in Borderlands: Vertical farms in Texas are designed to disrupt fresh produce supply chains; Mexico imposes a 50% tariff on white corn exports from the U.S.; Quality Custom Distribution is opening a new facility in Texas; and CBP officers seized nearly 900,000 fentanyl pills in California.
Parcel Freight
UPS, Teamsters make ‘significant movement’ on economic terms in contract
Business
Consumer staples earnings reports bring yet more evidence of demand weakness
WHAT THE TRUCK?!?
Antidote for check calls; a big bet on FreightTech; and strap work – WTT
Layoffs and Bankruptcies
DOL investigating Postal Service contractor Ameritrans Express amid bankruptcy filing
Technology
Next wave of ELD innovation is here — and it’s artificial intelligence
Less than Truckload (LTL)