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Weekly Fuel Report: May 25, 2020
Wednesday, May 27, 2020 - 5:17pm | 80Read More...Learn more at SONAR.FreightWaves.com
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Amazon Is Serious About Self-Driving Technology, Eyeing Multi-Billion Dollar Acquisition
Wednesday, May 27, 2020 - 5:14pm | 703Read More...Amazon.com Inc (NASDAQ: AMZN) is under discussion with self-driving technology startup Zoox in an acquisition attempt that would value the company at less than the $3.2 billion it had when it raised funding in 2018. As reported by The Wall Street Journal, the companies are still in talks, and a...
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Many SMEs Unsure How To Benefit From New USMCA Trade Pact With Mexico And Canada
Wednesday, May 27, 2020 - 5:10pm | 683Read More...Many small and medium-sized enterprises (SMEs) across the country remain uncertain how the United States-Mexico-Canada Agreement (USMCA) will impact business, according to a new survey from DHL. DHL's 2020 International Trade Impact and Outlook survey also found that optimism for doing business in...
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Air France-KLM bids adieu to A380 jumbo jet
Friday, May 22, 2020 - 4:16pm | 872Read More...Air France-KLM Group (FP: AF) said it has permanently eliminated double-deck Airbus A380 aircraft from its fleet, joining other airlines that also are rationalizing fleets to contain costs amid a dramatic downturn in business caused by the coronavirus pandemic. The current economic hardship...
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Freight markets remain stable – On The Spot (with video)
Friday, May 22, 2020 - 4:14pm | 151Read More...Zach Strickland and Kevin Hill discuss what's been happening in the trucking sector over the last week. They talk about the tightening capacity in Los Angeles and Southern California, consumer spending, and auto sales. Apple Podcasts Spotify Watch the LIVE video More FreightWaves Podcasts
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FreightWaves Flashback 1982: Customs agents go after containerized contraband
Friday, May 22, 2020 - 4:13pm | 1271Read More...The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each Friday, FreightWaves explores the archives of American Shipper's nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories...
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East Coasts ports optimistic for post-coronavirus recovery
Friday, May 22, 2020 - 4:09pm | 820Read More...Officials from South Carolina and New York/New Jersey ports see an end in sight to blanked sailings and lower volumes. "Despite what's happening right now, we are very optimistic. We think May and June is going to be the worst of it in terms of COVID impacts and then I think we're going to...
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STB asks Class I railroads to report on chemicals and plastics data
Friday, May 22, 2020 - 3:27pm | 472Read More...The Surface Transportation Board (STB) will include certain chemical and plastics traffic as a distinct reporting category that the Class I railroads must include in a weekly report about held railcars. The Board said Thursday it is adopting a rule on this issue, effective July 20. The rule will...
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Pandemic leads to 'complete disruption' of container flows
Friday, May 22, 2020 - 3:25pm | 582Read More...Juergen Pump, Hamburg Süd's president for North America, provided a "put yourself in my shoes" scenario for shippers during the Agriculture Transportation Coalition (AgTC) annual meeting this week. Certainly canceled sailings are a headache for shippers and there have been a lot of them during...
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Rejections up leading into Memorial Day weekend – FreightWaves NOW
Friday, May 22, 2020 - 3:20pm | 113Read More...Zach Strickland examines a rise in tender rejections leading into the Memorial Day weekend in the Carrier Update presented by PowerFleet, Luke Falasca compares current freight volumes to 2018 levels in the Broker Update, and Andrew Cox discusses a power shift to the carriers with Anthony Smith...
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Passport Research: Auto cybersecurity practices are woefully inadequate and in desperate need of regulation
Friday, May 22, 2020 - 3:15pm | 443Read More...As connected vehicles increasingly become mainstream, the importance of cybersecurity within the automotive space grows. Connected vehicles link to the cloud in real-time, and this wireless communication exposes the vehicle to cyber attackers who can subvert the vehicles' operations and gain...
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Today's Pickup: Gartner releases annual Supply Chain Top 25
Friday, May 22, 2020 - 3:05pm | 634Read More...Good day, Gartner, Inc. released the results from its annual Supply Chain Top 25, identifying supply chain leaders and highlighting their best practices. Cisco Systems scored the top spot in the ranking, followed by Colgate-Palmolive, Johnson & Johnson, Schneider Electric, and Nestlé. Six...
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TIA report: Broker Gross Margin Way Down In Q1 From A Year Earlier
Friday, May 22, 2020 - 9:16am | 637Read More...While brokers are under attack from some quarters of the network of drivers who are dealing with low truck rates, a quarterly report spells out how the 3PLs took a hit in the first quarter. The recently released report from the Transportation Intermediaries Association shows a decline in most...
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Portfolio value from your 3PL; why assets really matter (with video)
Friday, May 22, 2020 - 9:14am | 135Read More...FreightWaves President George Abernathy interviews Werner CEO Derek Leathers during FreightWaves LIVE @HOME. Apple Podcasts Spotify Rewatch the LIVE stream More FreightWaves Podcasts
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Crisis cash: Leasebacks Could Help Struggling Fleets Stay Solvent
Friday, May 22, 2020 - 9:12am | 1248Read More...The worsening economic crisis is creating an opportunity for Fleet Advantage. The data-driven seller of new and used trucks is offering to cash out a fleet's excess trucks at book value in exchange for a lease that could lead to a new truck sale later. As the COVID-19 pandemic ravages business,...
