More American Shipper Headlines
Maritime
Subdued holiday season offers opportunity for service improvements
Last year’s peak retail season stands apart from previous years in that there wasn’t much of a “peak” at all.
Container News
Beleaguered Los Angeles port pins hopes on 2nd-half rebound
Los Angeles continues to face a double whammy of sinking demand and fears over the port labor contract that expired in July.
Most Popular American Shipper Articles
Atlas Air Q4 profits fall ahead of delisting
Atlas Air took a profit cut in the fourth quarter, but comparisons with 2021 weren’t good because it was a record year financially.
BlueCargo raises $11M to bring visibility to drayage fees
“We knew the port terminals, we understood their operations, but mostly we understood their systems and data. We thought we could be the bridge that wasn’t created before that could speak both parties’ languages and get containers in and out,” said BlueCargo co-founder and CEO Alexandra Griffon.
Chinese cargo airline SF invests in airframe repair station
Express carrier SF Airlines is gaining in-house capability to upgrade airframes through a joint venture in China with ST Engineering.
Passenger-to-freighter conversions keep on humming
An Airbus affiliate that converts used passenger planes into cargo haulers plans to outsource some work to a new partner in China.
CargoX to provide blockchain FreightTech to former TradeLens users
“The digitalization of trade documentation is in full swing worldwide, and companies need all the support and advice they can get to implement the optimum solutions into their everyday workflows,” said CargoX CEO Stefan Kukman.
Air Canada’s freighter investments weigh on cash flow
Air Canada is investing heavily in its dedicated cargo operations at a time when freight rates are slumping.
Trade Compliance
How has state marijuana legalization affected trucking?
The American Transportation Research Institute is again investigating the safety and other impacts on the trucking industry of state-level marijuana legalization — as well as additional questions the issue raises.
As US-China relations worsen, expect supply chain chaos
Flexport juices trade finance program with $200M credit line from KKR
FreightWaves SONAR data revealed global recession months before FedEx’s earnings
Flexport taps Amazon pipeline again for operations leader
Infrastructure
Twisting Torc Robotics toward autonomous commercialization
What does it mean to have a former Daimler Truck executive in charge of Torc Robotics? Experience guides a big mission focus
Rush-hour truck speeds slow to 36.3 mph at major bottlenecks
Airport investment firm taps former Southwest exec for cargo push
Transportation industry representatives attack infrastructure law rollout
DOT announces $1.2B for 9 ‘megaproject’ winners
Shipping + Maritime
Nothing but down arrows for Expeditors in 4th quarter
Expeditors suffered a significant decline in fourth-quarter earnings as the air and ocean freight markets dropped sharply.
Global Supply Chain Week is here: What you need to know
Baltic Dry Index has collapsed: Ominous sign for economy?
China in crosshairs of new ocean shipping reforms
MSC, Atlas Air carrying aid to Turkey and Syria
Shipper's Perspective
Shippers’ revenge is coming for truckload carriers
FreightWaves founder and CEO Craig Fuller provides insight into the state of trucking contract rates.
FreightWaves Classics: Shipping line brought fresh fruit to the Northeast in the late 1800s
2021 Shipper of Choice profile: The Home Depot
FreightWaves launches SONAR SCI Lane Acuity
Commentary: How are freight professionals adjusting to COVID-19?
Air Cargo
FedEx launches 50-day humanitarian initiative to mark 50th anniversary of flight
FedEx’s 50 Days of Caring initiative will take the company to the golden anniversary of its first flights, which is April 17.
Ameriflight adds 35 heavy-duty cargo drones to wish list
Egyptair adds 1st 737-800 cargo jet to fleet
Finnair modifies A350 weight threshold to carry more cargo around Russia
Air cargo’s Lunar New Year blues
Fuel
4th consecutive weekly drop posted for benchmark diesel price
The benchmark diesel price used for most fuel surcharges was down for the fourth week in a row.
Hydrogen needs a supply chain to be a part of an energy transition
Shifts in fuels supply chain allowed it to withstand pandemic
Renewable fuel mandates can cut both ways to ensure adequate diesel supply
Diesel price down, but impact of Russian sanctions may be lifting rates overall
Rail
BNSF’s fourth-quarter operating income slips 15%
Despite an increase in revenues for BNSF, higher fuel costs contributed to a softer operating income for the fourth quarter of 2022.
EPA tells NS where to dispose of derailment’s contaminated waste
The Environmental Protection Agency will direct Norfolk Southern where to transport contaminated waste from the Feb. 3 train derailment amid concerns by communities in other states that it was coming to them.
FRA to issue final rule affecting railroad contract workers
Rail unions warn that revisions to a rule affecting railroad contract workers could be a step backward for safety.
Union Pacific on lookout for new CEO
Union Pacific confirmed that CEO Lance Fritz will be leaving his role. The railroad is looking for a replacement.
Trade groups, unions differ in responses to NTSB report on NS derailment
Rail trade groups’ and rail unions’ responses to NTSB’s preliminary report on the Feb. 3 Norfolk Southern train derailment offer different views on what the next steps should be.
BNSF, Norfolk Southern reach sick leave agreements with several unions
BNSF signs deals with the Transportation Communications Union and National Conference of Firemen & Oilers (NCFO), while NS also seals a pact with NCFO.
NTSB chair says NS train derailment was ‘100% preventable’
Jennifer Homendy, chair of the National Transportation Safety Board, urged the parties involved in the derailment to heed the board’s recommendations to improve rail safety.
NTSB issues initial findings on Norfolk Southern train derailment
The National Transportation Safety Board outlined some additional context about the Feb. 3 derailment of a Norfolk Southern train in Ohio, including more information about the location of hot bearing detectors and the controlled venting of tank cars carrying vinyl chloride.
Norfolk Southern, maintenance-of-way workers reach deal on sick leave
Norfolk Southern and the Brotherhood of Maintenance of Way – Employes Division have reached an agreement for sick leave.
Rail data for the first mile and last mile would benefit shippers
In this fireside chat for Global Supply Chain Week, FreightWaves’ rail and intermodal market expert Mike Baudendistel talks with Herman Haksteen, president of the Private Railcar Food and Beverage Association, about rail service issues and the rail car leasing market.
FreightWaves News
Canada devotes millions in federal funding to train, recruit new truckers
Canada has allocated $46 million in funding to recruit and train up to 2,600 new truck drivers and other transportation related jobs.