Freight

Maersk expects trade uncertainty, fuel prices to wreak havoc in 2019

The carrier is in better shape than it was this time last year, but it's the hazy future that makes 2018's gains cold comfort going forward.

By Emma Cosgrove • Feb. 22, 2019
Truckers plan slow roll to protest ELDs, HOS rules

The protest will take place in Indianapolis, and the organizers say the timing was chosen to not disrupt traffic.

By Matt Leonard • Feb. 21, 2019
Cargo theft on the decline, California tops list

Full truckloads accounted for 74% of cargo thefts in 2018, and electronics were the most common item stolen, making up 20% of all thefts.

By Matt Leonard • Feb. 20, 2019
Maersk strikes deal with refiner to secure low-sulfur fuel source

An adequate supply of low-sulfur fuel is essential to keeping the cost of the IMO 2020 transition in check, as 60% of a ship's operating cost is fuel.

By Emma Cosgrove • Feb. 20, 2019
Amazon pledges 50% net-zero carbon shipments by 2030

Steps toward this new target, deemed "Shipment Zero," along with information regarding "Amazon’s company-wide carbon footprint" will be released later in the year.

By Emma Cosgrove • Feb. 19, 2019
Walmart stands up container fleet, uses drivers for drayage

The retailer has been pleasantly surprised by the extra efficiency gained by taking more control of intermodal loads.

By Emma Cosgrove • Feb. 15, 2019
Uber Freight teases international expansion

"We have a dedicated team looking into viable international markets for Uber Freight," the company said, but a spokesperson said Uber Freight is not currently releasing any target countries or regions outside the U.S.

By Emma Cosgrove • Feb. 15, 2019
BNSF boosts spending with eyes on intermodal

Work will focus on BNSF's Northern and Southern Transcon routes, connecting Southern California with Chicago and the Pacific Northwest to Upper Midwest respectively — key routes for intermodal traffic.

By Emma Cosgrove • Feb. 15, 2019
Tight labor market hits US Foods

Both U.S. Foods and Sysco hit a similar note on increased wage costs this month: this is a new normal and they have to figure out how to manage it.

By Matt Leonard • Feb. 14, 2019
NRF contradicts government figures, spotlighting 2.9% holiday sales gain

The U.S. Census Bureau reported that November-to-December sales fell 1.2%, the lowest since 2009.

By Corinne Ruff • Feb. 14, 2019
Tesla is rushing Model 3's to China ahead of tariff deadline

The Model 3, the company's cheapest car, is not yet available in China and deliveries on preorders are slated for this spring.

By Emma Cosgrove • Feb. 14, 2019
Union Pacific to cut 250 employees, citing PSR

Another 450 employees have been furloughed in an effort to cut costs as the company reduces locomotives and leans out.

By Matt Leonard • Feb. 14, 2019
Trucking bottlenecks cost millions and they're getting worse

Since last year, truck speeds dropped by an average of about 9% in the top 10 bottleneck locations.

By Barry Hochfelder • Feb. 13, 2019
California sues FMCSA after agency overruled HOS rules

The state's suit alleges that the FMCSA has overstepped its authority in interfering with the meal and rest break standards, claiming that these are not laws or regulations on commercial motor vehicle safety.

By Emma Cosgrove • Feb. 13, 2019
CMA CGM announces public tender offer for CEVA

The takeover would result in CMA CGM becoming a 100,000-employee company with more than $30 billion in revenue, according to the ocean carrier's CEO Rodolphe Saadé.

By Matt Leonard • Feb. 13, 2019
Maersk acquires customs broker Vandegrift to broaden services

The Danish ocean carrier, along with several of its competitors, has been working in recent years to offer more inclusive supply chain services to bolster margins and brand loyalty.

By Emma Cosgrove • Feb. 13, 2019
UPS Air Cargo Teamsters agree to new contract

The new contract includes an immediate 17.7% raise and a 3% annual wage increases over the life of the agreement.

By Matt Leonard • Feb. 12, 2019
Norfolk Southern lays out dramatic transition to PSR

It plans to reach full PSR implementation by 2021 and acknowledges some customers could be shed along the way.

By Emma Cosgrove • Feb. 12, 2019
UPS powers up for Valentine's Day flowers

The logistics provider added 50 extra flights to handle flower shipments, to ensure procrastinating Romeos get their roses on time.

By Gary Wollenhaupt • Feb. 11, 2019
Freight market expected to reach $565B by 2022

Trucking is expected to generate the largest revenue of all the freight modes, according to a forecast by Freedonia Group, with expected revenue of $383 billion by 2022

By Matt Leonard • Feb. 11, 2019
Ocean freight rates increased ahead of Lunar New Year — but not by much

This January's month-to-month change was lower than previous years, signaling that rates are being kept up by a rush to beat tariffs.

By Shefali Kapadia • Feb. 11, 2019
Rail sets sights on trucking volumes for growth

Executives at the Association for American Railroads said intermodal shipments are rail's largest commodities, and that growth can't happen without the trucking industry.

By Shefali Kapadia • Feb. 08, 2019
Tariff hike delay has helped out ag shippers, but not for long

Though a stay of tariff increases got soybeans moving again, the looming March 1 deadline for another tariff hike means traders and farmers are still in uncertain terrain.

By Emma Cosgrove • Feb. 08, 2019
Maersk's new virtual assistant helps customers track cargo

The assistant, named Captain Peter, will allow users to see if their shipments are delayed and track the temperature in refrigerated containers.

By Matt Leonard • Feb. 08, 2019
Study: ELD mandate may lead to unsafe driving behavior

A new study from researchers at Northeastern University and University of Arkansas found the ELD mandate did increase the hours of service compliance for truckers, but there was little evidence of safety benefits.

By Matt Leonard • Feb. 07, 2019