A Republican-controlled U.S. House of Representatives panel approved legislation to privatize the U.S. air traffic control system as part of a six-year bill to authorize funding for the Federal Aviation Administration. Currently, the FAA oversees the air traffic control of the nation.

The Hyperloop is a conceptual train-like design to provide ultra high-speed transportation for passengers and freight. The concept is the brainchild of Elon Musk, and the fuselage would travel inside a pressurized tube on a cushion of air.

Mention "airfreight" and your accountant’s ears perk up immediately. The operations manager wants to know what operational mishap occurred that would require using airfreight… and the owner wants to know who's going to pay for it.

It is expected that 2016 will be the year the freight transportation industry will implement dimensional pricing in favor of the NMFC classification system. Fed Ex and UPS implemented dimensional pricing last year. It's just a matter of time before the freight carriers follow suit. In anticipation of this move we want to offer some suggestions on how to mitigate the affects of this pricing change for your company. 

The Panama Canal expansion project is nearly complete, but will not be open to commercial traffic in April as previously reported, according to the canal authority.

Wal-Mart’s business formula is essentially:

• They keep their internal expenses very low.
• This enables them to set the prices of products as low as possible.
• Customers buy more as a result.

This model has worked for the retail behemoth for years, but is now increasingly becoming more difficult to maintain. Employee demands for higher wages and pressure by Amazon are the main causes of Wal-Mart's market and financial decline. Wal-Mart stock has lost 33% of its' stock value in the last 12 months.

Recent UPS service failures on Amazon’s supply chain services have caused rumbles of dissatisfaction in the industry, suggesting a “vendor divorce” from United Parcel Service (UPS). The most severe service failure was the Christmas season of 2013. To the defense of UPS, December of 2013 saw several severe weather situations, resulting in near-impossible operating conditions. Sorting centers were understaffed because employees could not get to work, and delivery trucks were stranded in many regions.

Especially if you’re in the food supply chain, you should be aware: the Extra-Virgin Olive Oil you may be buying or transporting may be a fraud! From 60 Minutes and The New York Times to various other sources, there have been various articles and segments on this topic.

The short answer is sure. If you’re willing to negotiate your own pricing on each individual shipment with a carrier you have likely never used before and assume the risk for the actions of a driver you have never used.

More than any other holiday season, the Christmas and New Year period is the season for freight theft. The volume of easily sold consumer products in transit and parked make for enticing targets for criminal elements. The elongated holiday and trimmed staff present a security challenge for carriers and warehouses that are ill-prepared for this downtime.