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Industry Disputes Trump Statement That Europe Air Travel Ban Exempts Freight
Friday, March 13, 2020 - 10:44am | 959Read More...The air travel ban from Europe to the U.S. announced Wednesday night by President Donald Trump is likely to have a profound impact on the trans-Atlantic air cargo trade. This despite Trump's hurried post-address clarification on Twitter that the minimum 30-day ban, which he seemed to indicate in...
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DHS: Cargo Not Deemed COVID-19 Threat
Thursday, March 12, 2020 - 6:19pm | 546Read More...The U.S. Department of Homeland Security (DHS) confirmed that cargo is not part of the latest travel restrictions aimed at curbing the spread of coronavirus despite mixed messages from President Donald Trump. In a televised speech Wednesday evening, Trump said the suspension, which begins Friday,...
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Cargo Leasing Services To Close San Antonio Operation
Thursday, March 12, 2020 - 5:49pm | 230Read More...Cargo Leasing Services, also known as CLS Express, is citing the loss of "certain customer contracts" as the reason it will permanently close its San Antonio operation and lay off 60 employees. "This cessation of operations and closing of the CLS San Antonio facility is due to recent unforeseen...
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Cass Data Weak In February, Truckload Recovery Expectations Pushing Outward
Thursday, March 12, 2020 - 5:48pm | 922Read More...Negative trends in the transportation markets continued in February, according to freight data released by payment management solutions provider, Cass Information Systems Inc. (NASDAQ: CASS). The Cass Freight Index fell again in February as the shipments index declined 7.5% year-over-year (y/y)...
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Seafood Shipping Concerns Rise Amid Coronavirus Outbreaks
Thursday, March 12, 2020 - 4:59pm | 923Read More...There's no denying that coronavirus, also known as COVID-19, has had a massive impact on the world. Here's an overview of the ramifications on seafood shipping and related topics. Demand And Customer Levels Are Down Industry experts say the coronavirus factors into a downward trend related to...
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Show Organizers Cancel MATS Amid Coronavirus Threat
Thursday, March 12, 2020 - 4:56pm | 301Read More...The Mid-America Trucking Show (MATS) joins the growing list of industry conferences, sporting events and music festivals that have been canceled in the past few days because of the coronavirus threat. "This is a decision we did not make lightly, but in consultation with our exhibitors, attendees,...
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Trucking Stocks Are Doing About As Miserable As The Broader Stock Market
Thursday, March 12, 2020 - 4:55pm | 1204Read More...Trucking stocks are falling at a rate generally in line with the broader decline in equities, with few companies sticking out as being particularly strong or weak. A quick look at some of the biggest names in the market shows that Heartland (NASDAQ: HTLD) has performed better than other stocks...
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Coronavirus Spawns Worldwide Box-Repositioning Challenge
Thursday, March 12, 2020 - 3:50pm | 1299Read More...Will enough containers get where they need to be? It's a crucial question for the world's ocean shipping network — a question that's increasingly difficult to answer given how nebulous demand has become. A shortfall of containers means cargo can't move. At the same time, repositioning empties...
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Panic Buying And Restocking Creates Major Pricing Power Swing To Carriers
Thursday, March 12, 2020 - 3:43pm | 1519Read More...This week's DHL Supply Chain Pricing Power Index: 40 (Shippers) Last week's DHL Supply Chain Pricing Power Index: 25 (Shippers) Three-month DHL Supply Chain Pricing Power Index Outlook: 35 (Shippers) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves...
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Major Snowstorms To Slam Western States This Weekend
Thursday, March 12, 2020 - 2:23pm | 726Read More...Old Man Winter isn't done with the western United States just yet. After all, it's only mid-March. Storms will crank up across several states beginning Friday, and they will be strong enough to result in potential road closures and power outages into early next week as snow falls hard and winds...
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Coronavirus Outbreak Puts Pressure North American Intermodal Volumes
Thursday, March 12, 2020 - 1:52pm | 596Read More...The coronavirus outbreak could start to be affecting North American intermodal rail volumes on a weekly basis, the Association of American Railroads (AAR) said. For the week ending March 7, North American intermodal traffic was down nearly 12% from the same period in 2019, AAR said. While Mexican...
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Intermodal Markets: Signs Of Life In Oakland
Thursday, March 12, 2020 - 1:47pm | 185Read More...Intermodal volumes weakened significantly, capacity stayed loose and rates were stable over the past week. Strikingly, we saw some slight deterioration in network fluidity, as measured by intermodal train velocities, which ticked down across the Class I railroads. We expect service degradation to...
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How To Defend Against A Nuclear Verdict
Thursday, March 12, 2020 - 11:17am | 98Read More...Andrew discusses defendant tactics with prominent trucking defense attorney, Joe Pappalardo. Then Ryan Schreiber of CarrierDirect joins him to talk about how the coronavirus is impacting his clients. Lastly, Andrew and Ryan battle over Quibi and whether March Madness will happen this year. Check...
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Los Angeles/Long Beach Ports Approve Container Fee To Spur Clean Truck Usage
Thursday, March 12, 2020 - 9:49am | 1035Read More...A report for the dual ports of Los Angeles and Long Beach last month backed implementing a Clean Truck Fee (CTF) at a modest level, calling it "the most prudent course of action" to bring new clean vehicles into the system and provide a fund to help with the goal of that transition. On Monday, the...
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Trade Groups Unite To Fight Forced Labor In China Supply Chains
Thursday, March 12, 2020 - 9:48am | 421Read More...Five U.S. trade associations representing the apparel and footwear industries said their members are doing their utmost to prevent the use of forced labor in their China supply chains. "As an industry representing brands and retailers, we do not tolerate forced labor in our supply chains," said...
















