ESR: strong start for second-biggest Asian IPO this year
Logistics real estate developer ESR Cayman (HK: 01821) roared into public life on Friday when it floated on the Hong Kong Stock Exchange. It was the second-biggest IPO of the year in Asia.
Logistics real estate developer ESR Cayman (HK: 01821) roared into public life on Friday when it floated on the Hong Kong Stock Exchange. It was the second-biggest IPO of the year in Asia.
Ontario Trucking Association lauds crackdown by province’s workers’ compensation agency on companies that skirt payroll deductions by misclassifying drivers. But the OTA calls on Canada’s federal government to do more.
Saudi Aramco, believed to be the world’s largest integrated oil and gas company, has announced it will undergo an IPO on the Saudi Arabian stock exchange.
U.S. truck drivers possibly numbering in the tens of thousands are staring at non-working electronic logging device (ELD) screens after their Omnitracs’ systems shut down on Nov. 2. Omnitracs did not immediately confirm the outage.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Appetite for avocados is fueling violence in Mexico; Hyundai picks Claudia Marquez as CEO in Mexico; Arconic closes Texas aluminum plant; and Corona beer to be brewed in China. Appetite for avocados stirs gang violence in […]
Signs of the impending transition to electric vehicles continue to gather apace. The authorities in the Western Australian City of Fremantle are trialing an electric garbage truck. “So what?” a reader might reasonably say. But when the operator of the electric truck is Cleanaway, which operates 4,000 heavy vehicles across Australia, the potential fuel savings […]
truckers hauling construction materials and agricultural products, flyers promoting the protests also have been posted around the ports
Funding bill leaves out protections sought by U.S. House.
U.S. Customs and Border Protection said importers of tobacco from the southeast African country must demonstrate the goods are not in violation for clearance.
Freight volumes hint we may have a peak season after all
Andy Peters writes about developments in industrial real estate used for logistics and transportation.
ArcBest posts weak third quarter numbers for asset and non-asset units
Shippers and NVOs urge the U.S. Federal Maritime Commission to implement the interpretive rule, while ocean carriers and marine terminals say it needs further refining.
U.S. Xpress cites a weaker spot market and compressed brokerage margins as reasons for the third quarter loss. However, the decision to grow its fleet, a portion of which is reliant on the spot market, drew several questions from analysts on its call.
A leading economist on the question of driver economics will join us on FreightWaves Radio.
Convoy is now offering direct-from-shipper loads on its platform, giving carriers many more choices for hauling freight.
Add USA Truck to the list of carriers finding themselves struggling to find their way in a soft freight market. The carrier found itself forced into the spot market to find freight for its trucks after making an acquisition just a year ago.
While electric trucks, fuel cell tractors, electrification and e-mobility played a large role in the NACV show,, a number of companies introduced lower-profile products that are an important part of ensuring trucks stay on the road and trucking companies are profitable.
The rise of e-commerce and the evolution of customer expectations on delivery schedules have propelled the last-mile segment to be more reactive to demand and highly digitalized.
Microsoft recently announced a $1.5 million investment in Ciudad Juárez, Mexico, to help expand companies in the manufacturing sector on both sides of the U.S.-Mexico border. The investment is part of a Microsoft program called the Bridge Accelerator, which will train 75 existing companies in Ciudad Juárez and El Paso, Texas, over the next three […]