Freight wave.

1 min. The December 2023 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what to expect in the coming weeks. The data contained within the report provides breakdowns of capacity, volumes and rates. In this report, you will ...Jan 16, 2023 · 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 themselves as they compete against the trucking industry, according to panelists at the Transportation Research Board annual meeting this week. 1 day ago · 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%. #freight #freightwaves #Sonar DOE weekly diesel price FreightWaves SONAR FreightWaves SONAR Insights fuel report fuel report SONAR sonar insights weekly sonar insights. Leave a ReplyCancel reply. Your email address will not be published. Required fields are marked * Comment * Name * Email *Editor’s note: A previous version of this story incorrectly referred to the Seattle-based company as Convoy Logistics. It is, in fact, Convoy Inc. and is not affiliated with Convoy Logistics, a freight brokerage based in Crossett, Arkansas, nor it is affiliated with Convoy Systems out of Kansas City, Kansas. A change is brewing in the next day or …

Nov 5, 2023 · Pennsylvania brokerage lays off nearly 65 employees, sources say. Approximately 65 employees for Pittsburgh-based Elite Transit Solutions were laid off via Microsoft Teams on Friday. This is the second round of job cuts the freight brokerage has experienced over the past month; about 20 employees were let go on Oct. 20 because of the “current ... Air Canada remains committed to growing its startup freighter division despite canceling an order with Boeing last month for two 777 freighters, said CEO Michael Rousseau on Monday. Air Canada (TO: AC) reported a 24% drop in third-quarter cargo revenue compared to the same period last year, to $155.5 million (CA$215 million), due …15 de out. de 2023 ... ... play this video. Learn more · Open App. I Beat Hidden Wave in Freight Fright, Here's How: 475 views · 1 month ago ...more. cliche. 3.27K.

Borderlands: US mulls terminating tomato trade agreement with Mexico. Mexico exported almost $3 billion worth of tomatoes to the U.S. in 2022, mainly through customs districts in Texas and Arizona. (Photo: Jim Allen/FreightWaves) Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border …4 min. Wabash is following through on its attempt to smooth out the boom-and-bust cycles in trailer making. It has signed a multiyear supply deal with J.B. Hunt Transport that will cover 15,000 trailers over coming years. The deal — the exact length was undisclosed — is significant. It helps Wabash reduce uncertainty surrounding customers ...

Sep 18, 2023 · 4 min. 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 ... TRAC rates are from the day before and are updated daily at 11:00 a.m. ET. Spot rate market data for over 650,000 unique van lanes, 300,000 unique reefer lanes, and KMA to KMA flatbed rates (Linehaul + Fuel) Rates are weighted based on distance and time to prioritize the more recent loads that are closer to the precise O/D pair the user specifies. SONAR SCI is a groundbreaking data and analytics platform with all of SONAR’s features and data – and more. SCI subscribers have access to existing SONAR data, including $100 billion of freight invoices submitted daily. Invoices include what shippers actually pay carriers– not self-reported data. SCI subscribers get access to the only ...31 de jul. de 2023 ... Bill Priestley and Kaylee Nix host today's show as we may have heard the final bell from Yellow Trucking - Todd Maiden will be with us.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 …

FY 2012-2023. Average per-mile spot rates for trucking fleets have hit $1.54, down 11.6% from 2022 and 34.4% from 2021, according to the FreightWaves National Truckload Index. At the same time, the costs of fuel, replacement parts, insurance and other key inputs have soared.

22 de set. de 2023 ... Kaylee Nix hosts today's show as Alan Adler brings us the story of autonomous trucking company Waabi signing a 10-year agreement with Uber ...

FedEx begins 50-day countdown to its first day of flight. (Photo: Jim Allen/FreightWaves) FedEx will increasingly rely on outsourced air transport for growth as it pursues an aggressive cost-cutting strategy to resize its delivery network in line with deteriorating market conditions and a structural rebalance in e-commerce sales, executives said.Wave BL for. Ocean Carriers · Become a leader in your industry! · THE NEED.Data: FreightWaves calculations based on ACP FY 2022 and FY 2023 transit data) That historical container-ship average is right at the Feb. 1 limit for total Neopanamax reservation slots (for all ship types) — and it’s just an average, meaning that on many days over the past two fiscal years, there were more than five container ship transits through …FreightWaves SONAR recently unveiled an update designed to give users new ways to analyze data — especially pricing data. Read more Flatbed spot rate APIs now available …A vivid account of a wave unlike any other, featuring Luke Hynd, Tim Bisso and Gearoid McDaid.

A freight truck is a powerful specialized vehicle that transports goods from one place to another. All freight trucks have two major components, the truck tractor in the front, where the engine and cab are located and a trailer where the freight is stored. Freight trucks are driven by truck drivers who hold a Commercial Driver’s License (CDL ...Atlas Air Worldwide on Tuesday announced the order of two 777 freighters from Boeing in response to strong demand for international e-commerce shipping, one of the few areas of strength in a freight market that has bottomed out after 18 months of decline and led airlines to reel in expansion plans. The two new 777 cargo jets, which were …Nov 5, 2023 · Pennsylvania brokerage lays off nearly 65 employees, sources say. Approximately 65 employees for Pittsburgh-based Elite Transit Solutions were laid off via Microsoft Teams on Friday. This is the second round of job cuts the freight brokerage has experienced over the past month; about 20 employees were let go on Oct. 20 because of the “current ... Are you interested in the logistics industry? Do you have a knack for organization and problem-solving? If so, becoming a freight forwarder might be the perfect career path for you.Data: Descartes Datamyne) Imports have surged 33% from their recent low in February. October’s inbound volumes were the highest since August 2022, back when volumes were still inflated by the one-off pandemic boom. It was the third best October ever for the U.S. imports, with the exception of the boom-inflated months in 2020 and 2021.

Alan Adler. · Tuesday, October 24, 2023. Paccar Inc. posted another blowout quarter of sales and profits for the period ending Sept. 30, 2023. (Photo: Jim Allen/FreightWaves) Listen to this article. 6 min. Paccar Inc., the maker of Kenworth, Peterbilt and DAF Trucks, reported record third-quarter net income and beat top- and …

The form on the web page asks for the usual information: contact name, email, phone, subject and a description of the freight to be picked up or dropped off. Responses to the Tuesday tweet by Estes confirming that the technology outage Monday was a cybersecurity breach showed the hurdles Estes must climb to service its customers.Dec 1, 2023. Listen to this article 3 min. Transportation company RXO has opened a freight brokerage office in Dublin, marking the completion of a $2.5 million investment aided by …Daily Infographic: Top-funded online Food delivery companies. Brandon Cafferky. · Thursday, November 30, 2023. Listen to this article.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 ... Air Canada remains committed to growing its startup freighter division despite canceling an order with Boeing last month for two 777 freighters, said CEO Michael Rousseau on Monday. Air Canada (TO: AC) reported a 24% drop in third-quarter cargo revenue compared to the same period last year, to $155.5 million (CA$215 million), due …The generally positive momentum for charter rates comes against a backdrop of fairly tepid container freight rates. The Freightos Baltic Daily Index (China-North America), covering the trans-Pacific trade, is down 10 percent from May 1 and has been relatively flat throughout this month after its plunge and quick recovery in late May.Nov 15, 2023 · Trucking industry regulations change often and are overseen by three different bodies: the Department of Transportation (DOT), the Federal Motor Carrier Safety Administration (FMCSA), and the National Highway Safety Administration (NHTSA). FreightWaves is the leader in non-biased, user-generated reviews and feedback to help carriers find the best technology partner for their fleet. Konexial is honored to be a FreightWaves Trusted Partner and to showcase the benefits of edge computing technology and our live supply chain™ ecosystem. As one of the industry's largest neutral ... Mar 7, 2023 · 5 min. Transportation prices fell in February at the fastest rate recorded in the six-and-a-half-year history of a monthly survey of supply chain executives. The Logistics Managers’ Index (LMI) registered a reading of 36.1 for transportation costs in February, 5.9 percentage points lower than in January and below the prior record, which was ... Locally manufactured iPhone shipments in India grew 162% year-on-year by value in 2022, according to Counterpoint. India’s ongoing efforts to boost local manufacturing of iPhone devices seem to have paid off to some extent, as the locally m...

29 de ago. de 2023 ... BW LPG predicts a wave of high freight rates to wash in by 2024. Norwegian gas carrier had a turnover in the first half of the year USD 130m ...

Companies Hiring. FreightWaves is the leading provider of news and data to the global freight industry. The company is hiring for sales, data-science, economics, and editorial. Click here to view open positions. Redwood Logistics is the fastest growing and most innovative 3rd party providers, leveraging over 1 billion dollars in freight spend ...

Dec 10, 2021 · 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 market activity. SONAR's current and historical data is generated from thousands of exclusive sources representing more than $200 billion of contract freight transactions, giving you the insights you need to make day-of decisions ... 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 …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 …Welcome 5/19/21 9:00 am Tim Dooner Host of WHAT THE TRUCK?!? FreightWaves Speaker Bio Michael Vincent Freightcaster FreightWaves Speaker Bio Keynote with …9 de jul. de 2021 ... “Since last week, rates are climbing everywhere,” said one European forwarder. “Demand increased massively, with distressed ocean freight being ...Apr 5, 2023 · Of that total, 58% were inactive because vessels were in shipyards, with only 42% commercially idle. The amount of commercially idle tonnage peaked in mid-February at 850,417 TEUs. As of late March, Alphaliner data showed commercially idle tonnage was down to 606,943 TEUs. That’s a six-week drop of 242,474 TEUs or 29%. Feb 22, 2023 · The naming ceremony of the 24,188-TEU OOCL Spain was held at China’s NACKS shipyard on Feb. 16. (Photo: OOCL) FreightWaves. ‘Colossal’ tidal wave of new container ships about to strike. 8 min. Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will pick up in earnest next month ... You may have heard about freight shipping, but you weren’t exactly sure exactly what it meant. How did it differ from regular shipping? Is it more expensive, or is it cheaper? Check out below for information on what freight shipping is and ...Nov 22, 2023 · GlobalX Airlines defies cargo trend with fleet strategy. Global Crossing Airlines, a 2-year-old hybrid carrier that provides supplemental airlift to customers that rent the entire plane, is taking a long-term view toward cargo expansion at a time when freight demand is very soft. American Shipper. Air Cargo. Eric Kulisch Wednesday, November 15 ... Some freight brokers earn a base salary plus commissions and others are paid on commission only. According to FreightWaves 2019 freight brokerage compensation survey, the median entry-level salary for a freight broker is $40,000 per year with an average commission of 13% to 15% of gross margin on loads. Source: FreightWaves …

More news of bankruptcies came from the logistics sector, a further indication that this bloodletting cycle will be death by a thousand cuts. A 12-year-old brokerage in Fort Worth, Texas, SEL Supply Chain Solutions struggled to overcome a failure cascade that started with the theft of a $700,000 load earlier this year.Two laid-off Yellow employees who were not represented by Teamsters told FreightWaves that they did receive their final paychecks last Friday. However, they said they did not receive payment for unused vacation time. Yellow wrote in its separation agreement dated July 28 that laid-off employees would receive payment for unused vacation “ [a]s ...Brielle is the deputy editor of Freight Waves and has a seven-year history in B2B publishing, tackling cutting edge stories in business, with more than two years specifically focused on the supply chain. She’s interviewed numerous CEOs and is adept at finding stories that matter to the industry. She believes in finding a new way forward in ...Noi Mahoney. · Monday, September 25, 2023. There were 582 cargo thefts in Canada and the U.S. during the second quarter, according to CargoNet. (Photo: Jim Allen/FreightWaves) Listen to this article. 6 min. Truckload carriers across the U.S. saw a sharp rise in cargo thefts during the second quarter — with thieves targeting everything …Instagram:https://instagram. brighthousefinancial.comdgro stocksbest prepaid legal plans for individualstop 10 forex trading platforms 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.Sep 11, 2020 · FreightWaves estimates the total cost of operating a truck at about $210,000 annually (or about $1.76 per mile) based on the average truck driver driving 120,000 miles per year (400 miles per day, 6 days a week, 50 weeks per year). Assuming a driver can obtain $2 per mile (including fuel), this would mean that the average carrier drops $30,000 ... svb stocksbrokerages with lowest fees 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. otc stocks on robinhood 28 de abr. de 2023 ... Kaylee Nix and Thomas Wasson welcome John Gallagher to the show to talk about a Department of Transportation report that says the ...Get access to 200k+ high-frequency supply chain indexes. News. FreightWaves Pricing Power Index.