16 Aug Maersk Says June Cyberattack Will Cost It up to $300 Million A.P. Moller-Maersk A/S said a cyberattack that hit the owner of the world’s biggest container shipping company at the end of June will wipe as much as $300 million off profits in the third quarter. Read more...
16 Aug TMW Unveils Software That Calculates Precise ETA NASHVILLE, Tenn. — TMW Systems has launched a trip planning tool that automatically calculates estimated time of arrival by pulling together the vehicle’s position, the driver’s available hours of service and current and historical traffic patterns. Read more...
16 Aug Housing Starts Fell in July on Apartment Building Slowdown U.S. housing starts stumbled in July on an abrupt slowdown in apartment construction and a modest decline in single-family homebuilding that shows the industry will do little to spur the economy, Commerce Department data showed Aug. 16. Read more...
16 Aug The World’s Shipping Companies Are Going Super-Sized A massive consolidation is underway in the $500 billion global industry and the survivors now enjoy big economies of scale and increased demand, one year after excess capacity caused the sector’s worst-ever crisis - the bankruptcy of South Korea’s Hanjin Shipping Co. Read more...
16 Aug Iowa DOT to Install System to Help Truck Drivers Find Parking Along I-80 By 2019, rest areas along Iowa’s busy Interstate 80 freight route will be equipped with technology to help truck drivers traveling the highway to track parking availability, according to the state’s Department of Transportation. Read more...
16 Aug TMW, PeopleNet Say Better Connectivity Needed to Meet Demands of E-Commerce NASHVILLE, Tenn. — As the growth of e-commerce continues to reshape the supply chain, transportation providers will need to become increasingly connected with their trucks, drivers and freight to keep pace with shippers’ demands, TMW Systems and PeopleNet executives said. Read more...
16 Aug Trailer Orders Soar Again in Usually Weak July, Topping 14,000 Trailer orders in July jumped 41% year-over-year, supported by demand for dry vans and flatbeds. Read more...
16 Aug Cummins, Eaton Offer New SmartAdvantage Powertrain Cummins Inc. and Eaton Corp. announced their latest model SmartAdvantage Powertrain combination that will be available in October. Read more...
15 Aug Trump Predicts Democrats Will Support Infrastructure Funding Plan After issuing an executive order to streamline the permitting process for construction projects, President Trump expressed confidence that his yet-to-be unveiled long-term infrastructure funding plan would gain bipartisan backing on Capitol Hill. Read more...
15 Aug Truck Turn Times Deteriorate at Ports of Los Angeles, Long Beach The average time it took a truck driver to enter and exit the Port of Los Angeles and the Port of Long Beach increased four minutes in July, the third consecutive month of year-over-year increases in what has become a record-setting peak shipping season. Read more...