Freightwave.

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)The global supply chain has seen more than its fair share of chaos for well over a year now. From global economic lockdowns and cancellations to historic port congestion as 100% of capacity is reached, international maritime trade has seen it all in a short period of time. OceanWaves examines the processes, procedures, and technology that have all been …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 » Leverage the flexible plug-in power of configurable supply chain data from SONAR via API. No toggling between screens to harness the power of data from over $100B in freight spend, refreshed daily. Gain hours in efficiency with data on demand. Easily compare market data to your internal data. Deliver market data across your organization.Disputes with customers have also weighed on Western Global’s recent ability to conduct normal business, but the company seems less willing to fulfill those claims. The bankruptcy filing shows Trans-Caribbean Cargo with a $6.7 million claim against Western Global. Trans-Caribbean Cargo is a Miami-based freight forwarder that “suffered ...

Push to reshore US manufacturing motivated by global supply chain issues. Rosemary Coates, executive director of the Reshoring Institute, offers insights into supply chain issues during a keynote address Thursday at the FreightWaves F3: Future of Freight Festival. Read More ». Noi Mahoney Wednesday, November 2, 2022.10 Jul 2023 ... ... freightwaves Facebook: https://www.facebook.com/FreightWaves/ LinkedIn: https://www.linkedin.com/company/freightwaves/ Instagram: https ...The event in Chattanooga, Tennessee, continues through Thursday. Fuller was part of a fireside chat discussing Convoy’s legacy and impact on the freight industry. He was joined onstage by FreightWaves’ JP Hampstead and Liz Ward, head of Zebox America. Convoy was founded in 2015 by Amazon veterans Dan Lewis and Grant Goodale.

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.

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. 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 ... 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.WebNov 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 ...

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 …

SONAR offers users the newest, most up-to-date freight data, collected at the point of booking, to provide the clearest insight into the freight market. SONAR aggregates market information from numerous freight data sources including: SONAR equips users with actionable insights to make data-informed decisions despite market volatility, and ...

FreightWaves, Inc. Thanks for visiting our Career Page. Please review our open positions and apply to the positions that match your qualifications.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, …FreightWaves is using Eventbrite to organize 1 upcoming events. Check out FreightWaves's events, learn more, or contact this organizer.3 min. U.S. Postal Service contractor Matheson Flight Extenders (MFE) filed paperwork Thursday stating that it plans to eliminate 305 jobs and close its sorting facility in Chicopee, Massachusetts, by the end of October, bringing to about 1,000 the total job cuts it has announced in recent days. This marks the third Worker Adjustment and ...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 ...Lineage Logistics has raised nearly $7 billion in equity since early 2020. (Photo: Jim Allen/FreightWaves) Temperature-controlled storage and logistics provider …

Freight shipments fell 4.1% sequentially in June, reversing all of May’s gain, according to data provided by Cass Information Systems on Wednesday. On a year-over-year comparison, the monthly volumes data set was down for the fourth time in …The freight brokerage industry began humming Meat Loaf’s 1977 power ballad “Two Out of Three Ain’t Bad” Tuesday when the U.S. Court of Appeals for the 7th Circuit became the third federal appellate court to consider the extent to which negligence claims against freight brokers are preempted by federal law.11 min. Rail shippers are waiting to see whether the merger of Canadian Pacific and Kansas City Southern will actually enhance competition and provide them with more choices. The Surface Transportation Board issued a decision Wednesday approving the deal, saying CP (NYSE: CP) and KCS would be able to promote competition better …Container imports bound for the U.S. have dropped over 36% since May 24. (This index measures departing container volumes at the port of origin). This is a troubling sign for domestic U.S. freight markets that have been benefiting from an unprecedented surge of containerized import volumes over the last 18 months.2022 Top 500 For-Hire Carriers. Download and share our press release template and Top 500 badges (in color and black & white).

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 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 ...

Push to reshore US manufacturing motivated by global supply chain issues. Rosemary Coates, executive director of the Reshoring Institute, offers insights into supply chain issues during a keynote address Thursday at the FreightWaves F3: Future of Freight Festival. Read More ». Noi Mahoney Wednesday, November 2, 2022.The air freight forwarding industry is responsible for making sure shipments from one country to another are fully completed. They handle everything from storage and inventory management, to customs clearance, international export, import documentation, and more. Because of their expertise in international shipping, air freight forwarders also ...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.WebFreightWaves 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 economic impacts and outcomes ... Chattanooga, TN, Sept. 13, 2022 (GLOBE NEWSWIRE) -- CHATTANOOGA, Tenn. and NEW YORK, New York—September 13, 2022— FreightWaves and MerQube today announced the launch of the MerQube ...A filing in a Delaware bankruptcy court said the auction for Yellow’s terminals is ongoing and that winning bids may not be revealed until Tuesday. The post Auction for …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 is a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain. FreightWaves’ price, demand, and capacity data allow customers to benchmark, analyze, monitor, and forecast the global physical economy. Without logistics, the supply chains that keep ...S.F. Holdings, the largest courier, expedited shipping and e-commerce operator in China — and the primary delivery provider for online shopping giants Alibaba Group and JD.com — on Wednesday announced plans to acquire a 51.5% stake in Hong Kong-based Kerry Logistics for HK$17.5 billion ($2.3 billion).Jun 22, 2023 · 6 min. FedEx plans to remove 29 aircraft from its fleet this year through permanent retirement and temporary storage, fulfilling its new program to eliminate permanent costs and make its logistics network more flexible as global trade slows. CEO Raj Subramaniam said on Tuesday’s earnings briefing that the Express unit will park 20 aircraft in ...

Nov 24, 2023 · 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 ...

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 ...

Disputes with customers have also weighed on Western Global’s recent ability to conduct normal business, but the company seems less willing to fulfill those claims. The bankruptcy filing shows Trans-Caribbean Cargo with a $6.7 million claim against Western Global. Trans-Caribbean Cargo is a Miami-based freight forwarder that “suffered ...FreightWaves is a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain. FreightWaves’ price, demand, and capacity data allow customers to benchmark, analyze, monitor, and forecast the global physical economy. Gostaríamos de exibir a descriçãoaqui, mas o site que você está não nos permite.Please note, we have recently updated this website and your password may have changed. If you have trouble logging in use "Forgot Password" and your email20 Sept 2023 ... GREENWICH, Conn. , Sept. 20, 2023 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, ...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 ... Nov 28, 2023 · According to the U.S. Department of Transportation Federal Railroad Administration, the U.S. rail freight network covers almost 140,000 route miles and is generally considered the largest, safest, and most cost-efficient freight system in the world. In addition, says the FRA, the almost $80 billion rail freight industry creates more than ... 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 ...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 ...FreightWaves SONAR’S Outbound Tender Volume Index helps users identify freight volumes that are shipping at national, regional, or market granularity. OTVI allows users to see where demand for trucks is increasing or decreasing. An increase in freight volumes denotes tightening capacity. A decrease in freight volumes denotes loosening capacity.The siloed nature of the freight industry leads to confusion and speculation, two factors that worsen rate variability, according to Hamlin. “Shippers and their carriers or brokers are only conversing about one lane or one region at a time,” she said. “This transactional market today just really enhances this fragmentation in silos and ...FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our …

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 ...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, …WebSONAR provides users exclusive, real-time insights and actionable intelligence, as well as the ability to benchmark, analyze, monitor, and forecast the global supply chain. SONAR covers all modes – trucking, rail, ocean, and air. Using the SONAR platform, users can monitor all of elements that impact the freight market – trucking spot …Instagram:https://instagram. rumbwadp pricebaltimore dental insuranceamerican family insurance sewer line coverage The virtual chat titled “Growth Investments: A Successful Entry and Exit,” was part of FreightWaves’ FreightTech Venture Summit on Wednesday. It centered on the founding and growth of Truckstop.com and what’s next for the 25-year-old company, the largest digital freight marketplace in North America. american funds europacific growth fund r6dollar tree stocks Craig Fuller is the founder and CEO of FreightWaves, the leading provider of global supply chain market intelligence and news. Prior to FreightWaves, Craig was the founder of TransCard, a major provider of fleet fuel and debit cards. He is also the CEO of FLYING Magazine, the world’s most widely read aviation magazine.Web weitsman scrap metal FreightWaves provides news focused on economic and innovative technology drivers for the freight transportation ecosystem.Quicklook: Best Flatbed Trucking Companies. Best For Large Jobs with Multiple Pieces of Freight: Daseke, Inc. – Match Now. Best For Flexible Transportation Solutions: Landstar System, Inc. – Match Now. Best For Tight Deadlines: Anderson Trucking Service – Match Now. Best For Regional Shipping: Bennett Motor Express – Match Now.WebFreightWaves. 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.