Today on FreightWaves NOW we discuss the weather disruptions, the volume markets, and some key market areas of opportunity.
Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) today announced they will join TradeLens, a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller – Maersk and IBM.
Israeli startup TriEye, whose Short-Wave-Infra-Red (SWIR) sensing technology is able to see in adverse weather and night-time conditions, announced a $17M Series A funding round on May 28, led by Intel Capital. Other investors include Marius Nacht, co-founder of Check Point Software Technologies, and TriEye’s existing investor Grove Ventures, headed by TriEye chairman Dov Moran, […]
An investment in a 50-foot berth enabled the 14,424-TEU Evergreen Triton to pay a visit to Maryland.
Case involving 8,800 pounds of undeclared products highlights the long-standing practice of sneaking lower-priced U.S. dairy products across the border.
DHL, FedEx and UPS have dominated the global express market for years but recently, China’s express providers (including YTO Express, STO Express and SF Express) have been nipping at the heels of these three global providers. Now, the Chinese express providers are expanding their services beyond China’s borders. Much of this growth is attributed to […]
Market expert Jim Blaze dissects the recent Surface Transportation Board hearings on demurrage and accessorial charges. Read his observations on the relationships between the railroads and their shipper customers…
Private equity-backed ship owners continue to sell fleets to already listed companies in return for shares.
Two more carriers join the “blockchain-enabled” shipping platform developed by Maersk and IBM.
Investigators found calcium hypochlorite in 13 containers and chlorinated paraffin wax in an additional five.
The vessel will provide a ship-to-ship distribution service in the Baltic region.
Two containerships are launched for weekly service calling New York, El Salvador, Guatemala, Honduras and Nicaragua.
The first of 14 ordered fuel-efficient planes took off from Cincinnati bound for Bahrain on Saturday.
Five hundred of the 3,000 units will be MCI Star Cool containers, which have the refrigeration integrated directly into the boxes.
The AB has four vacancies, with two current members on the seven-position panel expected to depart in December, which would render it inoperative.
John Stubbings and Rachel Morley are elected, Larry Klimczyk is hired and Carsten Mortensen is appointed nonexecutive chairman.
New BIS licensing designation puts Maduro regime among those countries of U.S. national security concern, such as China, Iran, North Korea, Cuba and Syria.
Famed artist Syd Mead worked for Volvo Trucks at one point in his career, leaving behind a series of conceptual drawings.
R. Eddie Wayland, TCA Legal Counsel JIM ALLEN/FREIGHTWAVES The employee, on behalf of a class of drivers, sued a motor carrier/delivery services provider and its carrier subsidiary (“Defendants”) for failure to provide meal and rest periods in violation of California Labor Code §§ 226.7 and 512, and Wage Order 9-2001 §§ 11, 12, among other […]
Mothership uses historical driver data and machine learning to “intelligently dispatch” trucks working the last mile freight market.
A deadly maritime accident has killed several people during a ship repair job in China. Accounts differ but it is clear that either eight or ten people are dead. A further 19 were hospitalized and are believed to be in a serious condition, but stable.
The Lebanon, New Hampshire Post Office serves ZIP Code 03766. Photo by Jimmy Emerson, some rights reserved. Photo shared under the Creative Commons License. Lebanon Post Office 11 E Park St Lebanon, NH 03766
TCA has partnered again this year with the Alliance for Toll Free Interstates. ATFI is a national coalition comprised of individuals, businesses and organizations working to maintain the longstanding policy of protecting existing interstates from new tolls.
International Longshore and Warehouse Union begins “limited job action” and says it will not disrupt trade at Canada’s busiest port as contract talks continue with a federal mediator.
A no deal Brexit or remain are still on the cards in Britain as European elections polarise the electorate further.
The highly anticipated truckload capacity crisis and the ensuing truckload rate party lasted from late 2017 through late 2018. Beginning in early 2019 – surprise – the rate party was over. It feels like carriers have quickly gone from the best party since deregulation in 1980 to potentially the biggest hangover ever!
Fiat Chrysler submitted a proposal for a merger with French automaker Renault to create a preeminent global automotive group.
Your weekly snapshot of how the markets are doing.
The Truckload Carriers Association (TCA) has partnered again this year with the Alliance for Toll Free Interstates (ATFI). ATFI is a national coalition comprised of individuals, businesses, and organizations working to maintain the longstanding policy of protecting existing interstates from new tolls. As a partner, TCA is working with like-minded businesses and organizations to push […]
The number of connected vehicles has soared and will continue to grow in the years to come. Learn how cars and light trucks will be the next digital tool.
A report indicates that the EU is slow to adopt alternate truck fuels. Indian logistics startups are flourishing. Chinese logistics firms that help Chinese businesses relocate are winners in the US-China trade war.
An explosion and fire that tore through a berthed container ship at the weekend caused 133 people to be hospitalized.
Magnitude-8 temblor felt across the region. Authorities report one death, in addition to injuries and collapsed roads in remote Amazon region.
Trucker Jobandeep Sandhu is fighting his deportation from Canada after he exceeded the limit on his student visa.
Air cargo market expert explores the fascinating process of moving livestock – particularly horses – by air.
Capacity normally tightens into the holiday weekend, but this Memorial Day is nothing like the previous years.
Prologis and Blackstone Group are both trying to acquire the U.S. warehousing portfolio of GLP.
Australia’s a big trucking nation, but you wouldn’t know it from the way some road users drive. Also in this week’s Down Under Trucking: carelessness not terrorism; fugitive truck driver; police and regulatory enforcement.
According to this analysis, the breakeven price to produce oil in the shale is published five times a week.
Well, at least the mistake wasn’t on the stamp. A post office lobby poster announcing new USPS stamps that features the Transcontinental Railroad Stamp uses a 20th century British locomotive for artwork. Technically, the depiction is not an official fail since one could make the argument the poster only suggests that new stamps are arriving […]
The introduction of the drug and alcohol clearinghouse in January 2020 is going to have a bigger impact on truck capacity than the recent implementation of the electronic logging device (ELD) rule, according to Eric Fuller.
Port authority’s long-term goal is to become the East Coast port leader for railed containers to the Midwest.
Transport ministers from 60 countries met at Leipzig to discuss strategies and the implication of global carbon emissions.
The Federal Railroad Administration is withdrawing its notice of proposed rulemaking for train crew staffing. Regulating train crew staffing is not necessary or appropriate for rail operations to be conducted safely, the agency said.
Democrats boost maritime programs over Trump’s budget
Today on FreightWaves Now, we hit you with the latest weather and how the weather is impacting cherry prices and reefer capacity heading into the Memorial Day weekend.
Union Pacific (NYSE: UNP) announced this week it would lay off almost 200 employees in eastern Oregon as part of a series of cuts the railroad is making in order to boost profits. The bulk of the layoffs are taking place at a railyard in the city of Hermiston. The yard will close. Additional layoffs […]
Aurora Innovation plans to buy Montana-based Blackmore, a company that develops light detection and ranging radar (lidar) technology for self-driving vehicles. The acquisition comes several months after Aurora’s $530 million Series B funding round, which was led by Sequoia Capital and “significant investment” from Amazon and T. Rowe Price Associates. Aurora did not disclose the […]
Awards also given for safety practices and to Circular IQ, Dayton Freight, Duluth-Superior, Manhattan CFO, Nola, Old Dominion, Pacesetter ports and Worldwide.
In an industry where new technology solutions seem to be emerging on a near daily basis, the way brokers evaluate products and choose partners is changing.
Manufacturers’ new orders for durable goods declined in April, and details suggest more trouble ahead for freight demand in the economy
“The board has the authority to define reasonable practices. If you were in our shoes, what would you do?” said Surface Transportation Board vice chairman Patrick Fuchs to a panel representing BNSF, Canadian National and Canadian Pacific.
Planned walkout by 2,000 ILWU members at Global Container Terminals’ Deltaport and Vanterm facilities would seriously disrupt operations at Canada’s largest port.
Truck drivers in Maverick Transportation’s refrigerated division said they received messages late Thursday, May 23, stating the company is selling its temperature-controlled business to KLLM Transport Services.
The Chinese Belt and Road Initiative aims to create seamless freight movement between Europe and Asia, but the sustainability aspect of the project is still unclear.
More than 3,200 containers will have to be discharged at the Port of Halifax, where the ship arrived Monday, ONE said.
Last week the widely reported headline was “Housing Starts Climb Almost 6 Percent in April” yet many in the transportation marketplace openly questioned how that was possible. Whether it is the railroads moving the lumber to build houses or the flatbed carriers moving the lumber and other building materials to build houses, the widely held […]
The first three are set to be delivered in mid-June with subsequent deliveries in August and October.
The most recent and announced potential future duties will reduce global GDP, the intergovernmental group stated in a report released Thursday.
CEO Skou reports “good progress” on business transformation, but says new tariffs could potentially reduce expected growth in global container volumes by 1%.
Good day, U.S. Xpress has announced a partnership with Operation Freedom Dogs, a nonprofit that provides combat veterans with service dogs to help them reconnect to society. Through the partnership, U.S. Xpress will provide Operation Freedom Dogs with funding for dog adoptions and training programs. “With almost 9 percent of our workforce comprised of veterans, […]
On this special Memorial Day weekend edition of What The Truck?!? we have all the latest news in FreightTech, supply chain, and trucking – including a focus on Craig Fuller’s state of the industry report, Earnings Over/Under, On The Radar, Fast Paced Forecast, and some hot tips on how to spend your holiday weekend. All this and more on WTT?!? Subscribe now on Apple Podcasts, Spotify, Stitcher, or your favorite podcast player choice and never EVER miss an episode. No paywalls, no borders.
The race to become the new Prime Minister of Great Britain and Northern Ireland has begun with Theresa May’s announcement that she will stand down on the 7 June.
The 23 crew members temporarily left the ship but returned about 8:30 a.m. Friday after a ballast transfer, according to the Maritime and Coastguard Agency.
Improved vessel utilisation is the key to maintaining profitability in what is expected to be a challenging market according to Soren Skou, Chief Executive Officer of Maersk (Nasdaq OMX: MAER). The company has maintained a tight rein on capital expenditure over the past year with no large terminal projects or costly new ships ordered and […]
Three giants dominate the race to reach your doorstep. UPS, Fedex, and DHL.
China’s ports have handled just under 4.3 billion tons of cargo between January to April. The country’s main seaports have also handled 82.3 million TEU.
The highway and viaduct that now shoots truckers and others straight through the heart of Syracuse on interstate 81 might be no more under a plan making its way through an approval process. Instead, drivers will need to circle the city on what is now interstate 481 if the state of New York ultimately adopts […]
Guest post by FreightWaves’ John Kingston The introduction of the drug and alcohol clearinghouse in January 2020 is going to have a bigger impact on truck capacity than the recent implementation of the electronic logging device (ELD) rule, according to Eric Fuller. Fuller, the CEO of U.S. Xpress (NYSE: USX), made the remarks on a panel […]
The congressional watchdog agency said the trade financing bank should use GSA’s system as a tool to identify applicants with delinquent federal debt indicators.
The five technologies identified by the Wassenaar Arrangement members were added to Commerce’s export control list based on their threat to national security.
Measure also seeks to keep 30-minute rest break, ag hauler ELD exemption.
The Justice Department said Edison, N.J. resident Gene Shilman now faces up to five years in jail for violating the Arms Export Control Act.
A looming workforce supply gap in the freight forwarding sector has caused the industry to reach out to over one million high school students.
The Westminster, Vermont Post Office serves ZIP Code 05158. Photo by Jimmy Emerson, some rights reserved. Photo shared under the Creative Commons License. Westminster Post Office 3658 US Route 5 Westminster, VT 05158-9998
Shareholders voted against climate change proposals backed by the e-retailer’s own employees.
Improving efficiency within maintenance offers the biggest potential for improved profitability of any category within a trucking company. That’s why one of this summer’s TCA Profitability Program (TPP) seminars is all about maintenance workflow.
Hundreds of miles of rails still out of service, other assets at risk from flooding by severe storms.
As rate pressure eases, conditions for shippers continue to improve.
FreightWaves CEO Craig Fuller says he hopes he is wrong, but data is showing the freight market is heading into a recession. Who will feel the impact and the facts and figures surrounding Fuller’s prediction.
President Trump said he told House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer to “get these phony investigations over with.”
Inefficient warehouse operations lead to confusion, delays and added cost. By incorporating a TMS, shippers can gain better data and improve the end-to-end process of warehouse and shipping management.
U.S. Department of Transportation agencies are looking at addressing such areas as CDL endorsements, hours of service rules and roadside inspections.
Pennsylvania-based Penske Logistics announced it is laying off 80 drivers and will close its terminal in Fort Wayne, Indiana, in July.
Tracy Rosser tapped for executive vice president post at transportation management services provider after helping oversee big-box retailer’s transport and supply chain operations.
Volumes took a nosedive after the tariffs increased and are starting to recover slightly, but the damage may already be done.
C.H. Robinson (Nasdaq: CHRW) added to its European business with the acquisition of an Italian truck brokerage. The Eden Prairie, Minnesota-based company announced it bought Dema Service S.p.A. Dema Service is a privately owned logistics company providing road transportation services across Europe. Headquartered in Pescara, Italy, Dema Service has approximately 100 employees and three offices […]
The Teekay companies continue to concentrate their focus on oil and LNG shipping.
Shipping line orders additional “smart container” equipment from Traxens that allows shippers to monitor cargo.
The reduction, which began in April, is scheduled to last for six months to “clarify our management stance towards recovery of our business performance,” the company said.
U.S. rail volumes fell again for the week ended May 18, while Canadian volumes grew, according to the latest data from the Association of American Railroads. The theme of higher U.S. carloads but lower intermodal volumes was also expressed by CSX this week.
Trucks without mirrors are entering the testing phase, but they could soon become a reality.
Subcommittee Chairman Earl Blumenauer, D-Ore., says the agreement won’t be “jammed through” his panel or the House Ways and Means Committee.
In 2016 2.01B tonnes of solid waste was generated globally.
Old Dominion has made a commitment to donate up to $250,000 to the American Red Cross Disaster Relief fund.
Purchase of Pescara, Italy-based Dema Services marks the second European-focused acquisition made by C.H. Robinson this year.
The subcommittee favorably reported to the full Appropriations Committee its fiscal year 2020 funding bill, which includes $1.1 billion for the Maritime Administration.
Regulators frustrated by carriers’ lack of candor in justifying service fees
As the price of diesel continues to hover around $3.16 per gallon nationwide, trucking companies are investing in solutions to improve fuel mileage.
Shippers tell Surface Transportation Board they’re unfairly charged for unrealistic cargo equipment deadlines established by the Class I railroads’ network changes.
