Freightwaves

The fifth-largest ocean carrier picks the leading provider of container management technology to handle its inland container haulage worldwide.  The fifth-largest ocean carrier by capacity said it will use a platform from Blume Global "to support its entire global network of motor carrier partners...

Canadian National (NYSE: CNI) announced that its shipments of grain are moving at a pace similar to that experienced before some of its workers walked out. Approximately 3,200 of the railroad's conductors, trainspersons and yard workers went on an eight-day strike in November. The reduction in...

Freight Futures data to watch today: South Region Forward Curves For the fourth straight trading session, the Trucking Freight Futures markets posted generally modest gains. The spot National contract (FUT.VNU201912), which finally broke the $1.50/mile resistance point on Tuesday, again settled...

Hong Kong International Airport is the largest airport in the world for cargo and it wants to stay that way. Amid a serious slump in cargo volumes, the airport authority is now allowing airlines to rebate a portion of their terminal handling charges to freight forwarders and offering to cover 20%...

Ocean Network Express (ONE) said it will start offering container slots on a digital exchange as it seeks to "further enhance customer experience."  The joint venture of Japan's three largest shipping companies, ONE will tap the New York Shipping Exchange (NYSHEX) to offer trans-Pacific eastbound...

A recent report by JPMorgan Chase & Co (NYSE: JPM) sees a diesel market reaction coming as a result of IMO 2020, but its tone and forecast are restrained and hint at a market that is on the verge of any sort of spike in prices. In an exhaustive 100-plus-page report published by the team led by...

Periods of heavy mountain snowfall will continue to slow down drivers today, Dec. 12, through tomorrow in the high elevations of the Pacific Northwest and Mountain West. More specifically, roads will be most treacherous in the Cascades of Washington state and Oregon, the Olympics of Washington...

Ever since California Gov. Gavin Newsom signed Assembly Bill 5 (AB 5) in September, there has been heated debate around changes to the gig economy. AB 5 lays out stricter regulations for the way companies classify their independent contractors, who lawmakers said were often exploited.   The gig...

Federal regulators made final a proposed rule delaying the compliance deadline for the Drug & Alcohol Clearinghouse by three years for state motor vehicle agencies. Instead of being required to access the new database on Jan. 6, 2020, state agencies will have until Jan. 6, 2023, to comply with...

Good day, Amid skepticism on the market value of Saudi Arabia's state-owned oil company Aramco, the oil giant's stock market debut on Dec. 11 was nothing short of spectacular, soaring to its 10% daily limit — a figure fixed by the controls governing first-day trading at the Saudi stock exchange....

Image Sourced from Pixabay  

Image Sourced from Pixabay  

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) continues to add air and marine cargo services providers to its list of sanctioned individuals and entities that conduct business with Iran. On Dec. 11, OFAC placed three foreign air cargo general sales agents and a vessel...

Less than six months after Refraction came out of stealth mode, the robotics startup  is launching its first food delivery service, for residents of Ann Arbor, Michigan, according to a statement released on Dec. 12. Customers within the 2.5-mile delivery zone can now place lunchtime orders from...

Celadon Group's (OTC: CGIP) shutdown comes after cross-border shipping had already lost several other full truckload (TL) carriers this year that provided Mexico service. Matt Silver, founder and CEO of Chicago-based Forager, said Celadon's closure will affect freight capacity in both the U.S. and...