January 16, 2024
Via: FreightWavesBrad Jacobs, serial entrepreneur and executive chairman of XPO Logistics, launched his book on Monday, enticingly titled, “How to Make a Few Billion Dollars.” In this, his first book, Jacobs describes the many good and sometimes painful lessons he has […]
January 12, 2024
Via: Tech XploreThe top U.S. telecommunications regulator is asking automakers how they plan to protect people from being stalked or harassed by partners who have access to vehicle location and other data. In a letter sent Thursday to nine large automakers, Federal […]
January 12, 2024
Via: Container NewsAPM Terminals and Plaquemines Port Harbor and Terminal District (Plaquemines Port) signed a letter of intent for the construction of a state-of-the-art container terminal on the West Bank of Plaquemines Parish, Louisiana, US. “This major commitment shows the market’s tremendous […]
January 11, 2024
Via: Transportation TodayDHL Supply Chain announced Tuesday it now owns and operates 50 Orange EV yard trucks and is one its was to its way to owning 50 more. The first shipping company to deploy a heavy-duty Class 8 electric truck, DHL […]
January 11, 2024
Via: FreightWavesA new federal watchdog report criticizes the U.S. Department of Transportation for not properly documenting how it prioritizes funding for major infrastructure projects involving highways, ports and freight rail — but DOT disagrees with the assessment. The report, published and […]
January 10, 2024
Via: Tech XploreResearchers from the University of Birmingham, U.K., are working on Repoint, a new cutting-edge railway switch (points) technology to improve upon the traditional design, which has been in use for over 200 years. While conventional railway switches guide trains from […]
January 10, 2024
Via: Tech XploreIn the ever-changing landscape of smart city innovation, researchers have introduced the Residual Spatial-Temporal Graph Convolutional Neural Network (RST-GCNN), which could help users find an on-street parking space more efficiently. The work is published in the International Journal of Sensor […]
January 9, 2024
Via: FreightWavesThe Supreme Court has again rejected a review of the question of broker liability in a case involving the death or injury of a person struck by a truck that was booked by a 3PL. However, unlike the case of […]
January 9, 2024
Via: Tech XploreHonda unveiled Tuesday a new electric vehicle series to launch commercially in 2026, revealing a futuristic concept car at the Consumer Electronics Show in Las Vegas. “We have gone back to basics and formulated the Honda 0 Series with a […]
January 8, 2024
Via: FreightWavesSeveral Texas-Mexico border infrastructure developments recently received a boost after a new law took effect that speeds up the federal approval process for international cargo bridge projects. U.S. Rep. Henry Cuellar, D-Laredo, and U.S. Sen. Ted Cruz, R-Texas, led the […]
January 8, 2024
Via: FreightWavesLongpoint has acquired a cluster of industrial-logistics properties totaling 1.4 million square feet across 12 locations in the Miami and Fort Lauderdale, Florida, areas. The Boston-based real estate private equity firm acquired the 25-building industrial portfolio for $262 million from […]
January 5, 2024
Via: Offshore EnergyThe global maritime landscape further unveils a 3% growth in the world fleet, reaching an 2.3 billion deadweight tons (dwt). Despite this expansion, the newbuilding orderbook demonstrates a measured 3% year-on-year increase, standing at 126 million compensated gross tons (CGT). […]
January 5, 2024
Via: FreightWavesTruck transportation jobs continued a slow recovery from the depths of the freight recession and the job losses created when Yellow Corp. went out of business in 2023. The December figures released by the Bureau of Labor Statistics on Friday […]
January 4, 2024
Via: Tech XploreDue to the urgent need to cut fossil fuel emissions, the adoption of electric vehicles (EVs) is both inevitable and essential. The EU is aiming to reduce greenhouse gas emissions from transport by 90% by 2040, and foresees 13 million […]
January 4, 2024
Via: Tech XploreAuto giant Ford sold almost two million vehicles in the United States last year, the company said Thursday, buoyed by accelerating electric vehicle sales and continued growth in internal combustion engine trucks. These figures represented an increase of just over […]
January 3, 2024
Via: Offshore EnergyWith the Israel-Gaza crisis in full swing, the Red Sea, which sees a lot of maritime traffic between Europe and Asia with its connection to the Mediterranean Sea via the Suez Canal, became a flurry of maritime incidents after the […]
January 3, 2024
Via: FreightWavesFrom chocolates melting in the heat to pharmaceuticals degrading in the cold, the delicate balance of temperature-controlled shipping is a dance Echo Global Logistics has worked hard to master. Frank Hurst, Echo’s executive vice president of less-than-truckload, has been a […]
January 2, 2024
Via: Offshore EnergyThe National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) confirmed the approval of Shell’s environment plan in December 2023, enabling the oil major to undertake the Crux seabed survey within production licenses AC/PL1 and WA-33-PL. This seabed survey will […]
January 2, 2024
Via: Offshore EnergyThe push for decarbonization and energy transition seen this year paints a promising picture of the industry’s ability to navigate complex global dynamics and emerge stronger on the path toward a more environmentally conscious and efficient future. Here’s a glimpse […]
December 29, 2023
Via: FreightWavesTrucking M&A was tepid again in 2023 as freight demand slowed. Interest rates stepped higher, which proved a hindrance to deal financing, and tightened credit markets were met by still lofty valuation expectations from sellers. Through the first week of […]