2024 Freightwave - During the week of Feb. 28, when the lockdown began, ships off Shanghai represented 16% of the total either waiting or at berths. The ratio is now up to 47%. At Ningbo, the ratio has risen from 49% to 71% over the same period. However, the congestion ratio was at these same levels both in July and September 2021.

 
FreightWaves is the leading provider of news and key data points to the U.S. trucking and brokerage industries. The subject matter experts at FreightWaves – who combined have hundreds of years of experience – contributed to the content in FreightWaves Academy. The mission of FreightWaves Academy is to impart this wealth of knowledge, and to .... Freightwave

Mar 8, 2023 · In line with pre-COVID volumes. On Tuesday, Descartes reported that February imports to all U.S. ports totaled 1,734,272 twenty-foot equivalent units. That’s down 16.2% from January, 25% year on year and 0.3% versus February 2019, pre-COVID. Imports from China were particularly weak, given COVID issues and the Lunar New Year break. FreightWaves - Online platform offering logistics-related news. Raised a total funding of $92.4M over 6 rounds from 23 investors. Founded by Craig Fuller in ...FreightWaves. Software · Tennessee, United States · 249 Employees. FreightWaves, founded in 2016 and headquartered in Chattanooga, Tennessee, operates as an online publication dedicated to global freight, logistics, analysis, and supply chain information.Supply Chain Events & Logistics Conferences. Join us for the latest insights on emerging issues and trends within the transportation industry. Our FreightWaves TV events and freight conferences give you the opportunity to make connections, stay up-to-date and prepare for what lies ahead. Get started by exploring upcoming FreightWaves events ... FedEx reduced global flight hours by 12%, year over year, during the fourth quarter. Domestic aircraft utilization is down even more, according to a recent analysis by Morgan Stanley. “We continue to make significant progress in taking cost out of our network, delivering a $2 billion year-over-year reduction in operating cost in the fourth quarter of …Combining data streams to combat illicit trade in container shipping. Officials from Nexxiot and Deloitte talk with FreightWaves in this Q&A about how combining data on container movements and a container’s financial streams can help ward off illicit trade. Read More ». Greg Miller Tuesday, October 17, 2023.Nov 27, 2023 · 7 min. The Biden administration has announced a huge plan to tackle issues plaguing the U.S. supply chain that covers several cross-government partnerships. In announcing the plan Monday, White House officials said the strategy of using both domestic tools and international partnerships can help diversity and strengthen the U.S. supply chain. Best for owner-operators: eCapital. Best for OTR trucking: TAB. Best for instant payments: TruckSmarter. Best for flexibility: Porter Freight Funding. Best for fast turnaround time: RTS Financial -find factoring. Best for small to midsize carriers: OTR Capital -find factoring. Best for customer service: Apex Capital Corp -find factoring.Mark Solomon. · Tuesday, September 26, 2023. A robotic truck loader from Dexterity (Photo: FedEx) FreightWaves. FedEx leverages AI to improve trailer-loading process. 1 min. Robotics firm Dexterity AI said Tuesday it has partnered with FedEx Corp. (NYSE: FDX) to have robots load FedEx Ground trailers by leveraging AI-powered technology.1994 - 2004 10 years. I launched my career with US Xpress in the mid-90's, around the time that US Xpress went from a privately held trucking …1 day ago · Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: The logistics boom drives an e-commerce firm’s relocation in Texas; MercuryGate acquires customs software provider International Trade Systems; New Mexico announces two logistics hubs in Santa Teresa; and a Texas ... FreightWaves SONAR Awards. FreightWaves SONAR currently scores 90/100 in the Logistics category. This is based on user satisfaction (90/100), press buzz (55/100), recent user trends (rising), and other relevant information on FreightWaves SONAR gathered from around the web. The score for this software has improved over …It offers several tips for increasing the value of your services as you begin using a load board. In the meantime, to ensure you get the most out of any load board, there are two main points to remember. First, clear and concise communication with both broker and shipper is essential.The U.S. Department of Labor said this week it is still seeking nearly 1,400 Arizona drivers who are owed up to $5.6 million after a victory in a misclassification case that was settled in November. freightwaves.com. DOL seeks misclassified Arizona delivery drivers who are owed millions.Dec 16, 2022 · A perfect storm is brewing that will push any notable activity on the ocean to the second half of 2023 at the earliest. For one, the Lunar New Year will have an outsized effect on Asia’s manufacturing activity in 2023, possibly taking factories offline for four to five weeks instead of the usual two-week slowdown. driving value for our customers. SmartDrive always enjoys working with FreightWaves. The team is always very easy to work with and is a true partner with us on the content creation process. I appreciate the openness to new, creative ideas that capture our audience’s attention and the willingness to work with us to bring ideas to fruition.Web3 min. Yellow appears to be halting pickups in some areas of the Northeast, as well as Ohio, California and Texas, according to account executives who spoke to FreightWaves anonymously and company communication shared with FreightWaves. Nationwide, Yellow said in a memo sent to employees and shared to FreightWaves on Tuesday it was “limiting ...Record newbuild deliveries in 2023-24. The majority of tonnage on order will be delivered the next two years: 2.34 million TEUs in 2023 and 2.83 million TEUs in 2024, compared to around 1.1 million TEUs in both 2021 and 2022, said Verberckmoes. The scale of the upcoming deliveries is unprecedented.Call it a game of contract cat and mouse or not, but the Teamsters union strongly attacked UPS Inc.’s economic counterproposal as negotiations resumed in Washington to hammer out a new master contract. The company’s counterproposal “included minimal raises and overall wage cuts to workers’ cost-of-living adjustments,” the union said ...Railroads are skeptical of EPA's emissions reporting proposal. (Photo: Jim Allen/FreightWaves) WASHINGTON — A Biden administration proposal to change how …A New Realm of Performance and Operations Management. FreightWaves Supply Chain Intelligence is the tool your business needs to create the optimal logistics framework. SONAR customers that leverage SCI reduce transportation costs by 4-10% and increase compliance with confidence through the industry’s most advanced benchmarking tool. Call it a game of contract cat and mouse or not, but the Teamsters union strongly attacked UPS Inc.’s economic counterproposal as negotiations resumed in Washington to hammer out a new master contract. The company’s counterproposal “included minimal raises and overall wage cuts to workers’ cost-of-living adjustments,” the union said ...FreightWaves SONAR data revealed global recession months before FedEx’s earnings. Craig Fuller, CEO at FreightWaves. · Thursday, September 22, 2022. A lack of Chinese imports coming into the Port of Los Angeles is driving weakness in U.S. imports (Photo: Jim Allen/FreightWaves) FreightWaves.Feb 26, 2023 · Truckload capacity correction will last deep into 2023. Zach Strickland, FW Market Expert & Market Analyst. · Sunday, February 26, 2023. The Contract Load Accepted Volume Index (CLAV), which measures accepted truckload tender volumes, is 25% lower than the peak values in 2021. (Photo: Jim Allen/FreightWaves) People aren’t buying as much beer as they used to, and it’s not a great indicator for the economy. U.S. beer shipment to wholesalers declined 14.1% in December 2022 compared to the year prior, according to a Wells Fargo note published on Jan. 27. Compared to 2020, shipping volume is down 19.4%. We saw the lowest volume since …The new features of FreightWavesTV include: New, fresh layout. 24/7 livestream. Program guide showing which shows are airing when. Specific event tab for all live events. Multi-channel streams. Informative graphics. Ability to add multiple profiles. Ability to set reminders for upcoming shows.Web2 min. Kuehne+Nagel, the world’s largest 3PL, announced Tuesday it has acquired Farrow, a 112-year-old, family-owned customs broker based in Windsor, Ontario. The acquisition immediately boosts Kuehne+Nagel’s profitability and expands the company’s customs offerings at the Canadian and Mexican borders, according to a news release.Ontario looking to extend the fuel tax rate cut to Q2 2024. Since July 1, 2022, Ontario has lowered the gasoline tax by 5.7 cents per liter and the fuel tax by 5.3 cents per liter. Proposed legislation extends the rate cuts so the tax rate on gasoline and fuel (diesel) would remain at nine cents per liter.FreightWaves SONAR. Friday, December 10, 2021 · 1:55 p.m. · Central Time (US & Canada) Note: This webinar is part of a multi-session recurring webinar: FreightWaves SONAR . SONAR’s proprietary data sources enable you to stay on top of demand and capacity across all modes of transportation in real-time as you monitor domestic and global ...Digital freight brokerage Surge Transportation filed for bankruptcy on July 24, as FreightWaves’ Hampstead first reported the following day. 2023 was a more severe downturn than expected. Surge booked $135 million in gross revenues during one period in 2023, according to its bankruptcy filing. That same period last year, Surge posted $200 ...FreightWaves is the leading provider of news and key data points to the U.S. trucking and brokerage industries. The subject matter experts at FreightWaves – who combined have …It offers several tips for increasing the value of your services as you begin using a load board. In the meantime, to ensure you get the most out of any load board, there are two main points to remember. First, clear and concise communication with both broker and shipper is essential.Mar 24, 2022 · A rash of trucking bankruptcies are on the way and it will be Bloodbath 2.0. Trucking has enjoyed the largest number of new entrants in its history over the past two years. New fleet registrations were up to 20,166 last month alone. This is unprecedented. The last peak was in August 2019; there were 9,511 new trucking fleets and that was in the ... Mar 8, 2023 · In line with pre-COVID volumes. On Tuesday, Descartes reported that February imports to all U.S. ports totaled 1,734,272 twenty-foot equivalent units. That’s down 16.2% from January, 25% year on year and 0.3% versus February 2019, pre-COVID. Imports from China were particularly weak, given COVID issues and the Lunar New Year break. A rash of trucking bankruptcies are on the way and it will be Bloodbath 2.0. Trucking has enjoyed the largest number of new entrants in its history over the past two years. New fleet registrations were up to 20,166 last month alone. This is unprecedented. The last peak was in August 2019; there were 9,511 new trucking fleets and that was in …27 May 2021 ... FreightWaves is bringing SONAR's freight data into Turvo. Find out how this partnership will help simplify shipment planning.FreightWaves has unveiled its sixth annual FreightTech 100 list, spotlighting the most innovative companies in the freight technology sector. This announcement sets the stage for the FreightTech 25, which will be revealed in November at the F3: Future of Freight Festival in Chattanooga, Tennessee. The 2024 FreightTech 100 directory does not ...Sep 15, 2023 · American approval of labor unions just hit its highest point since 1965, according to a Gallup poll. For the first time ever, a sitting president is even supporting strikes. Steven Greenhouse, a former longtime labor reporter at The New York Times, hesitated to say that we’re in a major uprising for American workers. FreightWaves Classics. FreightWaves Classics articles look at various aspects of the transportation industry’s history. Old Dominion Freight Line – Helping the World Keep Promises®. Learn more here. Brielle Jaekel Friday, November 17, 2023.Almost 30% of firms surveyed by the Japan Trucking Association in 2022 said they had drivers who worked more than 960 hours of overtime a year. Without that …Chattanooga, Tennessee—the heart of Freight Alley and home to FreightWaves—will come alive once again with the largest festival in freight November 7-9, 2023. The second annual F3: Future of Freight Festival will converge in the Scenic City at the Chattanooga Convention Center, bringing together experts, entrepreneurs, industry leaders ...WebThe FreightWaves (NTI), is a seven-day moving average of spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. NTI is calculated on a composite national aggregated level of the Rate Per Mile for fully enclosed, non-refrigerated, 48- or 53-foot trailers moved by Class 8 tractors. The index is based on eligible spot ...Nov 21, 2023 · FreightWaves Classics. FreightWaves Classics articles look at various aspects of the transportation industry’s history. Old Dominion Freight Line – Helping the World Keep Promises®. Learn more here. American Shipper Archives Wednesday, November 29, 2023. XPO is continuing to expand its physical footprint to meet customer demand. The company has added more than 500 net new doors to its service centers nationwide since the end of 2021, with the intention of adding a total of 900 net new doors by early 2024. Additionally, it has added 2,000 new tractors and 8,000 new trailers — hailing from its ...News that moves you. Our award-winning team combines the best in broadcast journalism with the diesel in our veins as we bring you the inside scoop on what’s happening in freight right now. From deep dives to fast facts, FreightWavesTV covers the world of freight like no one else. Start Watching Now On Demand Content Whether you like to watch ...WebFedEx began flying 50 years ago and went by Federal Express. (Photo: FedEx) Smith’s professor didn’t think much of the idea, giving it a C grade for being an interesting but not workable concept. Undeterred, Smith borrowed $4 million from his wealthy father and raised millions more in venture capital. By 1971, Federal Express …9 min. Zim, the world’s 10th-largest container line operator, has sunk into the red as its boom-era contract coverage has crumbled under the weight of falling spot rates. The Israel-based ocean carrier reported first-quarter results Monday that were much worse than expected, causing a 16% plunge in its share price in quadruple average trading ...Ports like Savannah, Georgia, a feeder for Atlanta market freight demand, exploded. Many thought much of this volume would stick, but that has somewhat faded. Savannah currently represents approximately 7.44% of domestic maritime import shipments, down from its peak value of 7.9% in 2022 and up slightly from 2019’s 7.3%.FreightWaves used festivalization, provided networking opportunities, and rock & rolled attendees to increase engagement.FreightWaves provides thought leadership and editorial content focused on the Global Supply Chain. At the core of each article or content piece is a focus on...Nov 15, 2023 · FreightWaves Staff Tuesday, November 21, 2023 Could J.B. Hunt, BNSF alliance on Quantum change next decade in freight? J.B. Hunt and BNSF Railway are heralding a new era in freight transport with an intermodal partnership called Quantum. With it, they hope to add enough value to win market share from truckload freight. Read More » 2 days ago · Common wisdom holds that the outdated and constrained electric grid cannot support the scaling of electric trucks. Looking at the grid’s current use supports that. Electrifying just the long-haul portion of the U.S. trucking fleet would require 10% of the nation’s electric power generation, according to a December 2022 study from the ... FreightWaves is shaking up the industry once again with an all new freight experience. We’re bringing together the greatest minds in the transportation, logistics and supply chain industries to share insights, predict future trends and showcase emerging technology at The Future of Supply Chain. This premiere event will include exclusive VIP experiences, …WebSupply Chain Events & Logistics Conferences. Join us for the latest insights on emerging issues and trends within the transportation industry. Our FreightWaves TV events and freight conferences give you the opportunity to make connections, stay up-to-date and prepare for what lies ahead. Get started by exploring upcoming FreightWaves events ... Freight brokers are a vital asset to organizations. They help with securing carriers for your business in a cost-effective and rapid manner. In the event that there is a problem with the carrier, a freight broker will step in and act on your behalf. They help productively optimize your business’ transportation and cargo needs.WebGostaríamos de exibir a descriçãoaqui, mas o site que você está não nos permite.A New Realm of Performance and Operations Management. FreightWaves Supply Chain Intelligence is the tool your business needs to create the optimal logistics framework. SONAR customers that leverage SCI reduce transportation costs by 4-10% and increase compliance with confidence through the industry’s most advanced benchmarking tool.Truckload capacity correction will last deep into 2023. Zach Strickland, FW Market Expert & Market Analyst. · Sunday, February 26, 2023. The Contract Load Accepted Volume Index (CLAV), which measures accepted truckload tender volumes, is 25% lower than the peak values in 2021. (Photo: Jim Allen/FreightWaves)Ontario looking to extend the fuel tax rate cut to Q2 2024. Since July 1, 2022, Ontario has lowered the gasoline tax by 5.7 cents per liter and the fuel tax by 5.3 cents per liter. Proposed legislation extends the rate cuts so the tax rate on gasoline and fuel (diesel) would remain at nine cents per liter.Feb 26, 2023 · Truckload capacity correction will last deep into 2023. Zach Strickland, FW Market Expert & Market Analyst. · Sunday, February 26, 2023. The Contract Load Accepted Volume Index (CLAV), which measures accepted truckload tender volumes, is 25% lower than the peak values in 2021. (Photo: Jim Allen/FreightWaves) Sep 22, 2022 · FreightWaves SONAR data revealed global recession months before FedEx’s earnings. A lack of Chinese imports coming into the Port of Los Angeles is driving weakness in U.S. imports (Photo: Jim Allen/FreightWaves) In a note last Friday, September 16, J.P. Morgan reminded us that back in June it warned about a concerning drop in container volume ... View Joe Antoshak’s profile on LinkedIn, the world’s largest professional community. Joe has 1 job listed on their profile. See the complete profile on LinkedIn and discover Joe’s ...As one of the largest freight forwarders in the United States, UPS has been a leader in supply chain management solutions since being founded in 1907. UPS delivers more than 25 million packages per day and serves over 220 countries and territories. UPS has the reach you would expect of a leading freight forwarder. Best For: Managing …Nov 29, 2023 · 2 min. Kuehne+Nagel, the world’s largest 3PL, announced Tuesday it has acquired Farrow, a 112-year-old, family-owned customs broker based in Windsor, Ontario. The acquisition immediately boosts Kuehne+Nagel’s profitability and expands the company’s customs offerings at the Canadian and Mexican borders, according to a news release. Leveraging FreightWaves’ world class media and video production capabilities, the F3 Virtual Experience will bring industry leading FreightTech to life on November 9-11, 2021. ‍. Join us to engage with industry leaders, experts and entrepreneurs on our newest virtual presentation platform. We’ll host live, interactive discussions focused ...WebOffering W2 drivers $95,000 to $105,000 annually - plus a sign-up bonus, referral bonus, benefits & 24/7 driver support. It's no wonder why Real Trucking attracts the best drivers in the business!7 min. Time is running short for a handshake agreement to avert a nationwide Teamsters union strike against UPS Inc. threatened for Aug. 1. Talks broke off July 5 and will resume next week. Shippers that haven’t made contingencies could be up against the wall. Some will simply brace for service disruptions and undelivered packages, which ...Request a SONAR Demo. Benchmark, analyze, monitor, and forecast your transportation spend with SONAR. Leverage industry leading data on rates, volumes, and capacity to reduce your transportation costs and avoid potential risks to your supply chain. In addition to the fastest, most comprehensive global supply chain data available on the market ...FreightWaves | 147,272 followers on LinkedIn. The World's Freight Market Forecasting and Analytics Platform | FreightWaves is the most trusted provider of global supply chain market intelligence.Covenant Logistics hopeful despite no expected demand increase in Q4. Truckload carrier Covenant Logistics Group said the freight market is bottoming out, and the company is eyeing only a “modest decline” in earnings next quarter. Read More ». Mark Solomon Thursday, October 26, 2023.WebSubscribe to our Classic Newsletters Newsletters that never seem to go out of style. Freightwaves Tech Newsletter (Tuesday | Weekly) Stay up to speed on the latest technology and trends impacting the freight industry with this weekly newsletter. Air Cargo Newsletter (Monday | Weekly) Get news, analysis and exclusive insights about the movement ...May 22, 2023 · 9 min. Zim, the world’s 10th-largest container line operator, has sunk into the red as its boom-era contract coverage has crumbled under the weight of falling spot rates. The Israel-based ocean carrier reported first-quarter results Monday that were much worse than expected, causing a 16% plunge in its share price in quadruple average trading ... Trucking companies have different operating costs, but none of them can survive long on low rates. Throughout this year, truckload spot rates have hovered between $1.50 and as high as $2.10 a mile. Meanwhile, the average breakeven cost per mile for truckload ranges from $1.56 to $1.90 per mile, according to a recent J.P. Morgan study.Web2 min. Kuehne+Nagel, the world’s largest 3PL, announced Tuesday it has acquired Farrow, a 112-year-old, family-owned customs broker based in Windsor, Ontario. The acquisition immediately boosts Kuehne+Nagel’s profitability and expands the company’s customs offerings at the Canadian and Mexican borders, according to a news release.9 min. Zim, the world’s 10th-largest container line operator, has sunk into the red as its boom-era contract coverage has crumbled under the weight of falling spot rates. The Israel-based ocean carrier reported first-quarter results Monday that were much worse than expected, causing a 16% plunge in its share price in quadruple average trading ...Mar 8, 2023 · In line with pre-COVID volumes. On Tuesday, Descartes reported that February imports to all U.S. ports totaled 1,734,272 twenty-foot equivalent units. That’s down 16.2% from January, 25% year on year and 0.3% versus February 2019, pre-COVID. Imports from China were particularly weak, given COVID issues and the Lunar New Year break. 1994 - 2004 10 years. I launched my career with US Xpress in the mid-90's, around the time that US Xpress went from a privately held trucking …Central Freight Lines is the largest trucking company to close since Celadon ceased operations in 2019. Waco, Texas-based Central Freight Lines has notified drivers, employees and customers that the less-than-truckload carrier plans to wind down operations on Monday after 96 years, the company’s president told FreightWaves on Saturday.WebFreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow ...Freight brokerage rose by 45% over that time. Rates for truckload, LTL and specialized transportation increased 25%. Parcel rates rose 14.7%, while prices for warehousing services increased 20.5%, with much of that coming after July 2021 as demand spiked hard due to the ripple effect of supply chain bottlenecks at various U.S. seaports.WebGet Access to Single Source of Truth. FreightWaves TRAC provides the fastest and newest view of spot rates in the U.S. inside the SONAR Market Dashboard application. Combined with its database of millions of data …10 Oct 2023 ... For the third year in a row, OneRail, a leading provider of solutions in last mile omnichannel fulfillment, was named to the FreightTech 100 ...The freight market is suffering from very challenging conditions and few dispute that the freight market is in recession. The root cause of the current freight recession has been the imbalance of supply and demand. According to SONAR’s Outbound Tender Volume Index, or OTVI, freight volumes are currently up 16% over 2019 levels.WebCongress will soon schedule a vote — as early as next week — on the Ocean Shipping Reform Act of 2022. With bipartisan support in both the House and Senate, the bill is likely to pass. The largest overhaul of shipping regulations since 1998, the legislation broadens the regulatory powers of the Federal Maritime Commission with the goal of ...Sep 27, 2023 · XPO is continuing to expand its physical footprint to meet customer demand. The company has added more than 500 net new doors to its service centers nationwide since the end of 2021, with the intention of adding a total of 900 net new doors by early 2024. Additionally, it has added 2,000 new tractors and 8,000 new trailers — hailing from its ... FreightWaves SONAR has been collecting flatbed freight data since 2019, although the velocity of that data had not reached certain thresholds for analysis. Pickett on Wednesday confirmed that flatbed spot rate pricing, currently available to clients via an API connection, will soon be available in TRAC. “You’ll be able to quote flatbeds to ...Web9 min. Zim, the world’s 10th-largest container line operator, has sunk into the red as its boom-era contract coverage has crumbled under the weight of falling spot rates. The Israel-based ocean carrier reported first-quarter results Monday that were much worse than expected, causing a 16% plunge in its share price in quadruple average trading ...Freightwave

FreightWaves SONAR. Friday, December 10, 2021 · 1:55 p.m. · Central Time (US & Canada) Note: This webinar is part of a multi-session recurring webinar: FreightWaves SONAR . SONAR’s proprietary data sources enable you to stay on top of demand and capacity across all modes of transportation in real-time as you monitor domestic and global .... Freightwave

freightwave

Cross-border truckload freight rates could stabilize in 2023. After several years of volatility, freight rates in Mexico for transporting goods north to the U.S. should remain steady for most of the year, trade experts said. Before the pandemic, carriers usually charged about $1,000 and up for northbound freight from central Mexico to Laredo ...Sep 15, 2023 · American approval of labor unions just hit its highest point since 1965, according to a Gallup poll. For the first time ever, a sitting president is even supporting strikes. Steven Greenhouse, a former longtime labor reporter at The New York Times, hesitated to say that we’re in a major uprising for American workers. Subscribe to our Classic Newsletters Newsletters that never seem to go out of style. Freightwaves Tech Newsletter (Tuesday | Weekly) Stay up to speed on the latest technology and trends impacting the freight industry with this weekly newsletter. Air Cargo Newsletter (Monday | Weekly) Get news, analysis and exclusive insights about the movement ...The proprietary algorithm that powers Lane Signal works within the new FreightWaves Scientific Rates Per Mile Indices as follows: FWS.USA – This is a national scientific van rate with a 28-day prediction that continuously changes based on the most recent day’s close tendered data. FWS7.USA – Comparison of historical predictions at 7 days ...John Gallagher. · Wednesday, February 16, 2022. EPA to propose sweeping new truck emissions regs. (Photo: Jim Allen/FreightWaves) Listen to this article. 5 min. The Biden administration will soon propose a regulation aimed at cutting nitrogen oxide (NOx) emissions from heavy-duty trucks. It would be the first such regulation since 2001.Cargo revenue at public passenger airlines and logistics companies, which serves as a proxy for financial conditions at Amerijet, was down 30% to 50% through the …14 Aug 2023 ... Bill Priestley hosts this month's show as we look at the changing, upside down world of warehousing through the twists and turns of Covid to ...Covenant Logistics hopeful despite no expected demand increase in Q4. Truckload carrier Covenant Logistics Group said the freight market is bottoming out, and the company is eyeing only a “modest decline” in earnings next quarter. Read More ». Mark Solomon Thursday, October 26, 2023.WebFreightWaves, the #1 source for navigating the freight markets, presents our latest venture: FreightWavesTV, the first and only streaming TV network created by and dedicated to the transport and logistics industry. Our award-winning team combines the best in broadcast journalism with the diesel in our veins to bring you the inside scoop on what ...The global shipping industry is constantly evolving, and the COVID-19 pandemic began a marked shift in how container shipping operates. Disruption caused by the pandemic has forced the industry to expand its capacity and reduce costs to remain profitable. At the peak of the pandemic, containers essentially stopped moving.Quicklook: Best Freight Brokerage Companies. Best For Hard-To-Book Freight: GP Transco. Best For Large, Frequent Shipments: C.H. Robinson Worldwide. Best For Fresh, Affordable Supply Chain Solutions: Coyote Logistics. Best For Modern Cargo With Detailed Freights: XPO Logistics. Best For Small- To Medium-Sized Businesses: …6 min. Following three attacks on vessels linked to Israel, a container ship operated by Israeli ocean carrier Zim has changed course and is taking the long way …Less-than-truckload carrier Yellow Corp. has filed for bankruptcy, putting an end to the 99-year-old trucking firm. In its Chapter 11 filing in a Delaware court Sunday, the company estimated assets of $2.15 billion and liabilities of $2.59 billion. It expects to enter a debtor-in-possession (DIP) financing agreement to provide liquidity to sell ...FreightWaves has raised $91.5M over 8 rounds. FreightWaves's latest funding round was a Unattributed VC for $16M on May 19, 2021. FreightWaves's valuation in June 2018 was $46.61M. FreightWaves's 2020 revenue was $19M. FreightWaves's most recent revenue is from 2018. Sign up for a free demo to see revenue data from 2021, 2020, 2019, 2018 and …Quicklook: Best truck dispatch software. Best for small to mid-sized carriers: Truckbase. Best for third-party logistics (3PL) companies: Trimble Inc. Best for small to mid-sized brokers: ITS Dispatch by Truckstop.com. Best for full fleet management and FedEx contractors: TruckSpy. Best for new or small trucking companies: TruckingOffice.APRIL 7, 2021 // VIRTUAL EVENT. Come along for the ride! Enterprise trucking fleets exist in an increasingly competitive landscape, but also have more opportunities than ever before. As many fleets are adopting progressive technology strategies, we’ll examine the components of a successful enterprise fleet.Jan 16, 2023 · Joanna Marsh. · Monday, January 16, 2023. A TRB session looks at what's next for the railroads. (Photos: Jim Allen/FreightWaves) WASHINGTON — The near-term future of freight rail might be one marked by collaboration, whether that’s through private or public partnerships among other supply chain stakeholders or between the railroads ... Transparency19 will cover innovation and digitization trends across trucking, logistics, supply chain, blockchain, IoT, telematics and data. You’ll hear from expert speakers, watch live product demos from emerging and leading freight technology companies, and network with hundreds of your industry peers in a revolutionary format.Supply chain data startup FreightWaves has raised $16 million in a new round of funding for its sustainability platform, the company said Wednesday. Subscribe to the Crunchbase Daily. Logistics and supply chain information help companies navigate the complexities of shipping and delivering products, and FreightWaves provides market …Central Freight Lines is the largest trucking company to close since Celadon ceased operations in 2019. Waco, Texas-based Central Freight Lines has notified drivers, employees and customers that the less-than-truckload carrier plans to wind down operations on Monday after 96 years, the company’s president told FreightWaves on Saturday.WebChattanooga, Tennessee—the heart of Freight Alley and home to FreightWaves—will come alive once again with the largest festival in freight November 7-9, 2023. The second annual F3: Future of Freight Festival will converge in the Scenic City at the Chattanooga Convention Center, bringing together experts, entrepreneurs, industry leaders ...WebNov 11, 2021 · 4 things you should know about No. 1 project44. McCandless. 1. Jett McCandless, the founder and CEO of project44, also founded another one of this year’s FreightTech 25 companies — No. 25 CarrierDirect. That’s the first time in the four-year history of FreightTech 25 that has happened. 2. FreightWaves provides thought leadership and editorial content focused on the Global Supply Chain. At the core of each article or content piece is a focus on...The proprietary algorithm that powers Lane Signal works within the new FreightWaves Scientific Rates Per Mile Indices as follows: FWS.USA – This is a national scientific van rate with a 28-day prediction that continuously changes based on the most recent day’s close tendered data. FWS7.USA – Comparison of historical predictions at 7 days ...Fuller and Strickland noted that during much of 2023, forecasts from the trucking industry — at least from many of the larger public companies — reflected the relatively strong data points used by economists to measure the health of the economy, such as 4.9% GDP growth and low unemployment. However, “that data suggests that …WebFreightWaves is the leading provider of news and key data points to the U.S. trucking and brokerage industries. The subject matter experts at FreightWaves – who combined have hundreds of years of experience – contributed to the content in FreightWaves Academy. The mission of FreightWaves Academy is to impart this wealth of knowledge, and to ...Since FreightWaves provides news and information that focuses on supply chains, their unique perspective saw early indicators of COVID-19's impact at the very ...Company HQ 1 Year 1-3 Years 4-10 Years More Than 10 Years Last Time Raised Driver Pay More Incentives in 2022? Pays For License And Training; 1MTX: Hazelwood, Mo.Request a SONAR Demo. Benchmark, analyze, monitor, and forecast your transportation spend with SONAR. Leverage industry leading data on rates, volumes, and capacity to reduce your transportation costs and avoid potential risks to your supply chain. In addition to the fastest, most comprehensive global supply chain data available on the market ...WebA New Realm of Performance and Operations Management. FreightWaves Supply Chain Intelligence is the tool your business needs to create the optimal logistics framework. SONAR customers that leverage SCI reduce transportation costs by 4-10% and increase compliance with confidence through the industry’s most advanced benchmarking tool.American approval of labor unions just hit its highest point since 1965, according to a Gallup poll. For the first time ever, a sitting president is even supporting strikes. Steven Greenhouse, a former longtime labor reporter at The New York Times, hesitated to say that we’re in a major uprising for American workers.Yellow’s senior vice president of sales informed her staff on Wednesday that their last day would be Friday and the less-than-truckload carrier will file bankruptcy on Monday, according to three employees who attended the video call. Yellow ( NASDAQ: YELL) is the third-largest LTL company and employs some 30,000 workers, including around ...The FreightWaves (NTI), is a seven-day moving average of spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. NTI is calculated on a …FreightWaves Classics. FreightWaves Classics articles look at various aspects of the transportation industry’s history. Old Dominion Freight Line – Helping the World Keep Promises®. Learn more here. Brielle Jaekel Friday, November 17, 2023.FreightWaves is the leading provider of news and key data points to the U.S. trucking and brokerage industries. The subject matter experts at FreightWaves – who combined have hundreds of years of experience – contributed to the content in FreightWaves Academy. The mission of FreightWaves Academy is to impart this wealth of knowledge, and to ...Dec 10, 2021 · FreightWaves SONAR. Friday, December 10, 2021 · 1:55 p.m. · Central Time (US & Canada) Note: This webinar is part of a multi-session recurring webinar: FreightWaves SONAR . SONAR’s proprietary data sources enable you to stay on top of demand and capacity across all modes of transportation in real-time as you monitor domestic and global ... Alaska Air will take over cargo transportation for e-commerce giant Amazon when it concludes a deal announced Sunday to acquire Hawaiian Airlines in a stock-and-debt transaction worth $1.9 billion. Whether the Amazon transportation services agreement is eventually modified is unclear, but Alaska’s CEO said it could spur further investment in ... U.S. diesel exports to South America’s west coast are heavily exposed to Panama Canal delays. Tanker rates have skyrocketed. The post Another Panama Canal …2022 Top 500 For-Hire Carriers. Download and share our press release template and Top 500 badges (in color and black & white).Logistics costs as a percentage of GDP hit highest level in 13 years, State of Logistics Report says. The 33rd annual State of Logistics Report, the year-over-year report card of the U.S. business logistics system, confirmed empirically what everyone already knew: 2021 was nirvana or a nightmare depending on what one does for a living.Supply Chain Events & Logistics Conferences. Join us for the latest insights on emerging issues and trends within the transportation industry. Our FreightWaves TV events and freight conferences give you the opportunity to make connections, stay up-to-date and prepare for what lies ahead. Get started by exploring upcoming FreightWaves events ... 1 Feb 2023 ... In a shifting world, supply chain leaders are on the front lines. Our experts analyze the industry and forecast trends before they develop, ...Best for owner-operators: eCapital. Best for OTR trucking: TAB. Best for instant payments: TruckSmarter. Best for flexibility: Porter Freight Funding. Best for fast turnaround time: RTS Financial -find factoring. Best for small to midsize carriers: OTR Capital -find factoring. Best for customer service: Apex Capital Corp -find factoring.The proprietary algorithm that powers Lane Signal works within the new FreightWaves Scientific Rates Per Mile Indices as follows: FWS.USA – This is a national scientific van rate with a 28-day prediction that continuously changes based on the most recent day’s close tendered data. FWS7.USA – Comparison of historical predictions at 7 days ...1 day ago · Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: The logistics boom drives an e-commerce firm’s relocation in Texas; MercuryGate acquires customs software provider International Trade Systems; New Mexico announces two logistics hubs in Santa Teresa; and a Texas ... Nov 16, 2023 · The global shipping industry is constantly evolving, and the COVID-19 pandemic began a marked shift in how container shipping operates. Disruption caused by the pandemic has forced the industry to expand its capacity and reduce costs to remain profitable. At the peak of the pandemic, containers essentially stopped moving. Contact Us. If you need immediate support, please click here to submit Help Ticket or Chat with a Customer Service Representative. If you have a press release that you’d like to submit for editorial consideration, please email directly to [email protected]. If you have a privacy related issue, please email us directly at privacy ... Sep 27, 2023 · XPO is continuing to expand its physical footprint to meet customer demand. The company has added more than 500 net new doors to its service centers nationwide since the end of 2021, with the intention of adding a total of 900 net new doors by early 2024. Additionally, it has added 2,000 new tractors and 8,000 new trailers — hailing from its ... . Home builder stock