Freightwaves

Outbound tender volumes (OTVI.USA) finished this week up 3.02 percent year-over-year. This continues the gains the index has posted since July 24th, when 2019 tender load volumes surpassed those in 2018.   OTVI began the week with a rocky start though, dropping 1.10 percent before recovering by...

Customs and Border Protection late this month will start live testing for blockchain's applicability to intellectual property rights (IPR) enforcement, according to a document posted online in preparation for the August 21 Commercial Customs Operations Advisory Committee (COAC) meeting in Buffalo,...

U.S. Department of Transportation (DOT) Secretary Elaine Chao has tapped Mala Parker to be Acting Deputy Administrator at the Federal Highway Administration (FHWA). https://s29755.pcdn.co/wp-content Parker will serve under FHWA Administrator Nicole Nason as well maintain her current position as...

Spot rates garner the headlines in ocean shipping, but what happens in the long-term time-charter market could be a more telling indicator for tanker and dry bulk markets. "We view term [time-charter] rates to be a better indicator of market health and fundamentals relative to the fickle spot...

FreightWaves, the industry-leading provider of 24/7 news, data and analytics for the global freight and logistics markets, announces the opening of a West Coast office in Portland, Oregon.  "FreightWaves is one of the fastest-growing enterprise SaaS [software-as-a-solution] businesses in the world...

\When the Inc. 5000 list of the fastest-growing companies in the United States was released earlier this week, transportation and logistics watchers should have been pleased, but not surprised, to see FreightWise near the top of the list at the number two spot. FreightWise, a software and services...

FreightWaves Market Expert Zach Strickland talks with Kevin Hill about a gloomy broker's market and also speaks with economist Ibrahiim Bayaan about the state of shipping. Zach Cunningham gives you the traffic update and Nick Austin sends you into the weekend with an update on weather.

Companies moving goods between the U.S. and the U.K. will soon see more options open up. Delta Airlines (NYSE: DAL) and Virgin Atlantic are both increasing flights between the two continents beginning in the summer of 2020, and Delta will have a presence at Gatwick Airport for the first time in...

On this episode we're covering all the latest headlines, talking HOS changes, digital brokers road to to profit, playing earnings over/under, hearing about huge hail, seeing what's on the radar, and listening to our readers in Comment Section Rodeo. You won't want to miss it. Or, rewatch the LIVE...

A trio of interviews from the recent ACT Research conference and a discussion with a leading thought leader on the third-party logistics (3PL) industry highlights this week's edition of FreightWaves Radio on SiriusXM Road Dog Trucking. Evan Armstrong of Armstrong & Associates will kick the...

Drivers should expect minor delays today and tonight, August 16, 2019 in the Great Plains and the Southeast. Dry, excessively hot weather will remain an issue, mainly for health reasons, in several western states. What the hail? SONAR Critical Events: Severe thunderstorm risk areas as of 10:00...

The Commerce Department's Bureau of Industry and Security has added 17 companies and individuals to the Entity List for posing a risk to U.S. national security and foreign policy interests.  The Entity List subjects U.S. exporters to specific export licensing requirements and prohibitions when...

As the U.S.-China trade war intensified with the Trump administration announcing more tariffs, the two countries clashed in two disputes this week at the World Trade Organization (WTO). During a meeting of the WTO Dispute Settlement Body (DSB) on August 15, the DSB agreed to China's request to...

The Federal Railroad Administration (FRA) is offering more than $244 million in funding for railroads' infrastructure projects. The grants are available through the FRA's Consolidated Rail Infrastructure and Safety Improvements (CRISI) program, which targets shortline railroads, regional railroads...

Global logistics provider Agility (DFM: AGLTY) reported a 20 percent increase in net profit for the second quarter of 2019. However, the company reported a more modest rise in revenues.  Sulaibiya, Kuwait-headquartered Agility has a range of businesses in air, ocean and road freight, logistics...