shipping

Visibility's role in logistics is undeniably a hot topic, yet a significant portion of the industry has been slow to actually adopt visibility technology. Not too long ago, enhanced visibility options were viewed as a "nice-to-have" perk, prompting some companies to put adoption on the backburner...

Looks like another busy week for stocks and futures, let’s take a minute to get ahead of what could move markets. But first, with U.S. indices at or near all-time highs (the S&P 500 has seen 50+ new all-time highs this year), I think it’s safe to say the trend up has yet to get...

On this episode of Cyberly, Blythe Brumleve travels to  Charlotte, North Carolina, for Armstrong Transport Group's annual agent conference. It's an event filled with educational and community-building activities among all freight agents with the program. She was invited to Charlotte to speak on...

President Joe Biden has appointed former Deputy Transportation Secretary John Porcari as port envoy to assist the administration's Supply Chain Disruptions Task Force and industry stakeholders address structural inefficiencies that are bottling up ocean shipments. The task force, led by the...

On this episode of Medically Necessary, Matt Blois welcomes Beth Schenk, executive director of environmental stewardship for the health system Providence. Blois and Schenk talk about the carbon footprint of the health care supply chain and how health care providers, distributors and manufacturers...

Truckers need diesel to operate and diesel comes out of refineries. The U.S. refining industry is challenged by a drop in demand and weak margins. This week, it was reported that a large U.S. refinery has been put on the sales block. Will there be a buyer for it or will it go the way of other...

On this episode of #WithSONAR, Luke Falasca and Kyle Taylor look at how the data is showing that peak shipping season may already be kicking into gear. They look at the latest SONAR charts, including incoming U.S. twenty-foot equivalent units and U.S. imports, and touch on how those imports are...

Facilitator of two-way committed ocean contracts New York Shipping Exchange (Nyshex) announced Wednesday it has raised $15 million in a recent funding round. The round was led by NewRoad Capital Partners and included Collate Capital, Blumberg Capital, and the New York Angels. Since its start in...

On Nov. 5, 2014, a new company announced its arrival in Australia, promising to take on the monopoly of package delivery that was the Australia Post. Sendle's founders saw e-commerce's potential and realized the volume would create inefficiencies and add cost. "Sendle estimates between 30-40...

For small to medium-size shippers, finding competitive less-than-truckload pricing tends to be more difficult than it is for their larger counterparts.  Without dedicated volume, it can be impossible to establish direct tariffs, or rate bases, directly with LTL providers. Unable to reach out...

Container shipping is in uncharted territory. There has never been a crazy boom like this in its history. But as any shipping long-timer will tell you, there has indeed been a crazy boom like this in another sector: dry bulk circa 2007-2008. It's worth a look back at this earlier shipping mega-...

Learn more at SONAR.FreightWaves.com Image by Monika Wrangel from Pixabay

A.P. Moller – Maersk entered an agreement Tuesday with Hyundai Heavy Industries (HHI) to build eight large dual fuel container vessels, powered by carbon-neutral methanol or very low sulfur fuel oil.  The vessels are expected to save around 1 million metric tons of CO2 emissions annually. The dual...

Pilot Freight Services, a logistics provider backed by private equity, announced Monday it has acquired expedited less-than-truckload carrier American Linehaul to provide intercity capacity for its growing e-commerce business. American Linehaul runs a scheduled airport-to-airport, LTL linehaul...

Early predictions are pointing to truckload rates being up again in 2022. The outlook isn't overly surprising given the industry's labor and equipment challenges, but another increase, following a large move higher in 2021, is likely to establish new highs for the industry. If the current...