More American Shipper Headlines
Maritime
6 workers missing in Francis Scott Key Bridge collapse presumed dead
Maritime
Baltimore bridge collapse may cost billions, dramatically disrupt supply chains
Maritime
Container Shipping
2 bodies recovered after Francis Scott Key Bridge collapse
Divers recovered the bodies of two men who died when the Francis Scott Key Bridge collapsed early Tuesday morning after a cargo ship crashed into it.
Logistics/Supply Chains
Biden: US will pay to rebuild Francis Scott Key Bridge
American Shipper
How China skirts tariffs into the US
Container News
American Shipper
Port of Virginia expansion boosts ultralarge container vessel capacity
The Port of Virginia recently completed a project to widen its ship channel for ultralarge container vessel traffic.
American Shipper
Port of New Orleans’ container-on-barge service has record year
Container Shipping
Georgia invests $6M in Port of Brunswick improvement project
Borderlands: Mexico
Borderlands Mexico: Mexican ports’ cargo volumes surge in January
American Shipper Infographics
Infographics
Weekly NTI Update: March 26, 2024
The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR.
Most Popular American Shipper Articles
Air Cargo
Uzbekistan-based cargo airline My Freighter adds third Boeing 767
My Freighter, a fledgling carrier based in Uzbekistan, began leasing a third widebody freighter from Ohio-based Air Transport Services Group.
Air Cargo
FedEx deactivates 17 more aircraft as cost controls pay off
FedEx Express has parked more freighters, reduced aircraft capex and is integrating its daytime freighter network with the Freight segment’s less-than-truckload operation to provide linehaul connecting the U.S. and Europe to boost efficiency.
Maritime
Port Houston shows import strength in February
Port Houston reported strong imports after a soft January as general cargo tonnage represented nearly 40% of total import tonnage in the month.
Air Cargo
Delta Air Lines taps Peter Penseel to lead cargo division
Delta Air Lines has named Peter Penseel, currently at Ceva Logistics, to head Delta Cargo.
American Shipper
Foremost Group CEO was intoxicated when she reversed into pond, report says
Foremost Group CEO Angela Chao was intoxicated when she reversed into a pond and drowned at her Texas ranch on Feb. 11, according to authorities.
Regulatory Agencies
House lawmakers crack down on Chinese ocean freight data
Legislation approved by the House gives the Federal Maritime Commission more power to investigate potential container market manipulation by China.
Trade Compliance
Legal issues
Seized fake sports rings would be worth $2.7M if genuine, CBP says
Agents in Cincinnati found fake NFL, NCAA and MLB championship rings that had been sent from Hong Kong to Kansas.
Air Cargo
TSA rule change provides regulatory relief to air logistics providers
Maritime
The Houthis sank a ship. But their attacks may be less disruptive for now
Infrastructure
Infrastructure
Can Karno technology generate a buyer for Hyliion?
Hyliion is getting a second chance to make a viable business with its Karno technology that could help generate a buyer for the company.
Sponsored Insights
Inside Zeem Solutions’ bold plan to electrify fleets across the US
Infrastructure
3 trucking majors combine to advance electric infrastructure
Infrastructure
DOT tangles with watchdog over $1.5 billion in freight grants
Shipping + Maritime
Maritime
Hapag-Lloyd CEO predicts early peak season for ocean shipping
Will shippers pull forward freight to avoid East Coast port labor disputes?
Maritime
How end-to-end visibility can mitigate effects of supply chain disruptions
Fuel News
Venture Global building LNG fleet to sell cargoes directly on spot market
Fuel News
Key analysis sees Red Sea shipping diversions starting to boost oil demand
Shipper's Perspective
Sponsored Insights
Delta Cargo’s DeliverDirect offers ‘e-commerce delivery at the speed of flight’
DeliverDirect serves various industries, including retail, pharmaceuticals, manufacturing and related sectors.
Shippers Perspective
What it takes to streamline shipping operations and control costs
Air Cargo
Company Earnings
FedEx posts strong quarterly results
FedEx said strong cost controls drove its fiscal third-quarter results; its shares soared in late trading.
Air Cargo
Amazon concentrates parcel freighters at US air hubs, report says
Fuel
Fuel News
All quiet on the diesel front, for now: Benchmark price up slightly
The benchmark diesel price used for most fuel surcharges rose by the smallest amount in months.
Fuel News
Analysts at CERAWeek know 2023 oil market predictions didn’t pan out, look to 2024
Fuel News
As diesel settles into tight trading range, retail benchmark dips again
Rail
Trucking
Baltimore port closure puts truck drivers who haul autos in a bind
Hauling autos into Baltimore is a big business that is going to scale back dramatically in coming weeks and months.
Railroad
Vote on insurgent effort at Norfolk Southern set for May 9
Norfolk Southern’s annual meeting will be May 9, when the push to oust current management comes to a head.
Infographics
Daily Infographic: Burning of chemicals after Ohio derailment was unnecessary, NTSB head says
Railroad
Port of Huntsville handles record intermodal rail volume in 2023
The Port of Huntsville in Alabama reported 24% year-over-year growth at its intermodal container yard in 2023.
Railroad
Union Pacific CEO defends safety practices without mentioning key critic
Union Pacific CEO Jim Vena defended the railroad’s safety record, which recently has come in for criticism from Federal Railroad Administration Chairman Amit Bose.
Railroad
Texas court sides with Union Pacific over 1872 jobs pact with town
Union Pacific recently won a state court ruling in a legal battle to close a rail car shop in Palestine, Texas.
Truck Driver Issues
Jobs report: Truck transportation employment flat; warehouse jobs drop again
Truck transportation jobs in the monthly BLS report were slightly down, but that couldn’t be said for plunging warehouse numbers.
Railroad
Burning of chemicals after Ohio derailment was unnecessary, NTSB head says
NTSB head Jennifer Homendy told a Senate committee that the burning of chemicals on derailed Norfolk Southern rail cars in East Palestine, Ohio, was not necessary.
Railroad
Norfolk Southern fires back at Ancora, gets Wall Street analyst’s support
Norfolk Southern has defended its safety measures and CEO pay package amid criticism and calls to action from activist investor Ancora Holdings.
Railroad
Amid debate over rail safety concerns, another Norfolk Southern train derails
A Norfolk Southern train derailed in Pennsylvania on Saturday amid an already heated battle over railroad safety issues. Here’s the latest.
FreightWaves News
Truck Driver Issues
FMCSA urged to factor electric trucks into detention study
Regulations aimed at easing detention time burdens on truckers may need to take into account the Biden administration’s emissions policies, according to insurers.
Legal issues
Texas trucking company employee gets over 5 years for payroll fraud
Less than Truckload (LTL)
Yellow gets favored venue for hearing on $7.8B in pension liability claims
Sponsored Insights
End-to-end visibility changes the game for shippers, carriers
Sponsored Insights
B-1 drivers offer unique value proposition for cross-border carriers
WHAT THE TRUCK?!?
Baltimore bridge strike aftermath; project44’s Jett McCandless; road tests – WTT
White Papers
White Paper: How Do Shippers Plan to Navigate Current Air Cargo Conditions?
Infographics
Daily Infographic: Vertical farm to provide fresh herbs to retailers in Texas, Oklahoma
Less than Truckload (LTL)
Court dismisses Yellow’s $137M lawsuit against Teamsters
Logistics
RXO gets negative outlook from Moody’s but keeps investment-grade rating
Trucking