Freight wave news.

Freight allowed describes an agreement between a buyer and a seller, in which the buyer pays for the cost of shipping, and the seller deducts this from the invoice. This means that the obligation of the seller is to ensure that the goods ar...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 ...A bankruptcy filing could be announced Monday. (Photo: Jim Allen/FreightWaves) Less-than-truckload carrier Yellow Corp. ceased all operations at 12 p.m. Sunday, according to a notice on the gates at its terminals. Separate internal documents showed the procedures for closing the facilities as well as “talking points” to be used when ...In partnership, Talon Logistics and FreightWaves conducted a survey focusing on North American supply chains across diverse industries. This survey revealed an intricate web of preferences, satisfaction levels and emerging concerns that should guide both shippers and logistics providers in strategic decision-making through 2024.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 …

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... Quicklook: Best TMS freight broker software in 2024. Best for integration with existing software: Rose Rocket TMS. Best for small- to medium-sized businesses: Truckbase. Best for real-time visibility and insights: Trucker Tools. Best for large brokerage businesses: Trimble. Best for LTL freight brokers: Transport Pro.1 min. The October 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 ...

In the fourth quarter of 2022, Walmart’s U.S. comp sales were up 8.3%, while its consolidated operating expenses as a percentage of sales dropped by 44 basis points. Meanwhile, Amazon’s net product sales were down 1.2% y/y to $70.53 billion, while cost of sales and fulfillment expenses were both up, 3.3% and 2.9%, respectively.Nov 1, 2023 · 4 min. Flexport announced Wednesday that it has acquired Convoy’s technology stack. FreightWaves reported on Friday that the two freight startups were in talks for Flexport, a venture-funded freight forwarder, to acquire Convoy, a freight brokerage that shut down on Oct. 19. “Flexport’s strategy will be to offer a full range of trucking ...

Loaded and Rolling: Trucking turnover and retention debate rages on. FreightWaves’ Rachel Premack wrote an article on Wednesday outlining her experience attending a truck driver training conference in Corpus Christi, Texas, by the National Association of Publicly-Funded Truck Driving Schools (NAPFTDS). Premack sought to get more information ...Americold Logistics of St. Louis, owed approximately $69,000, is also listed as a secured creditor. According to SAB, the meat importer’s gross revenues from Jan. 1 until its bankruptcy filing date are nearly $57 million. Its petition states the company made around $96 million in 2021 and approximately $68 million in 2020.Dayton Freight Company is a leading logistics provider that has been in business for over 30 years. They specialize in providing transportation and logistics services to businesses of all sizes, from small businesses to Fortune 500 companie...Jul 30, 2023 · A bankruptcy filing could be announced Monday. (Photo: Jim Allen/FreightWaves) Less-than-truckload carrier Yellow Corp. ceased all operations at 12 p.m. Sunday, according to a notice on the gates at its terminals. Separate internal documents showed the procedures for closing the facilities as well as “talking points” to be used when ... The seasonally adjusted inventory-to-sales ratio in January was 2.95. Excluding the spike in 2020 during COVID lockdowns (when sales crashed, temporarily inflating the ratio), the January number was close to the recent high of 3.1 the month before. This January’s inventory-to-sales ratio was a whopping 40% above the January 2019 pre …

8 min. The video is worth a thousand words: A tube of mascara arrives in a box that’s multiple times its size and swaddled in layers of packing material to protect what is hardly a fragile product. James Malley, co-founder and CEO of Paccurate.io, a New York-based company founded in 2020 to help businesses optimize their packaging to reduce ...

Nov 1, 2023 · 4 min. Flexport announced Wednesday that it has acquired Convoy’s technology stack. FreightWaves reported on Friday that the two freight startups were in talks for Flexport, a venture-funded freight forwarder, to acquire Convoy, a freight brokerage that shut down on Oct. 19. “Flexport’s strategy will be to offer a full range of trucking ...

26 ก.ย. 2566 ... Want the inside scoop on breaking news and trends? Sign up for Zipline's monthly e-newsletter so you don't miss the next freight market update!In partnership, Talon Logistics and FreightWaves conducted a survey focusing on North American supply chains across diverse industries. This survey revealed an intricate web of preferences, satisfaction levels and emerging concerns that should guide both shippers and logistics providers in strategic decision-making through 2024.The Seattle and Tacoma ports saw volumes rise 22% compared to the previous year, reversing a 19-month-long-trend. By Alejandra Salgado • Oct. 25, 2023. More stories. The latest freight news for supply chain professionals.This lane should be one of the more well covered in the nation, yet the imbalance in the flow of freight has pushed spot rates gradually higher over the past four months. Contract rates (including fuel) were ~22% higher than spot rates at the beginning of July this past summer. At the end of October that gap had shrunk to 6%.In partnership, Talon Logistics and FreightWaves conducted a survey focusing on North American supply chains across diverse industries. This survey revealed an intricate web of preferences, satisfaction levels and emerging concerns that should guide both shippers and logistics providers in strategic decision-making through 2024.Former drivers for Ameritrans Express owed millions of dollars in unpaid wages. Lisa Celli was excited to start her first day on Jan. 5 as a contractor delivering mail for the U.S. Postal Service in the small unincorporated town in California where she and her husband live. However, less than 24 hours after finishing her first route for ...Thursday, April 29, 2021 0 The pandemic has sent the retail industry on a K-shaped trajectory — the final straw that has sent many retail... Read more Not easy being green: Finding truckloads to convert to intermodal when the low-hanging fruit is already picked by Tony Mulvey Thursday, April 22, 2021 0

Today, the same lane goes for $1,402/TEU. In May 2022, container imports handled at the U.S. port peaked at 2.6 million TEUs, the most recent month of imports data before FreightWaves’ article was published. Descartes reported that container import volumes in November were 1.95 million TEUs, a drop of 25%.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 ...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 ...Just two years after acquiring Kuebix in a $200 million deal, Trimble said it will shut down the transportation management system provider.. Kuebix will be entirely shuttered by the end of 2025 as Trimble pivots to Engage Lane, a recently launched transportation procurement platform, company officials said. “We are pivoting our …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, …

Demand keeps capacity tight – FreightWaves NOW. On today’s FreightWaves Now, Zach Strickland examines demand keeping capacity tight in the Carrier Update presented by PowerFleet. Then, Andrew Cox and Anthony Smith discuss this week’s DHL Supply Chain […] Read More ». Ethan Carlson Thursday, January 7, 2021.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 ...

Oct 13, 2023 · 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. Jan 5, 2023 · Hapag-Lloyd and Yang Ming: Germany’s Hapag-Lloyd, the fifth-largest liner operator, increased capacity by 1.8% last year and by 64,800 TEUs or 4% over the past three years. At No. 9, Taiwan’s Yang Ming upped capacity by 60,724 TEUs or 9% since pre-pandemic. It was the eighth-largest carrier in early 2020. Jan. 23, 2023: Uber Freight, approximately 3% of workforce. FreightWaves’ John Kingston first reported on Jan. 23 that Uber Freight, the Chicago-based freight brokerage arm of ride-sharing giant Uber, would cut about 150 jobs from its digital brokerage division. That’s 3% of Uber Freight’s total workforce.Coyote Logistics, a wholly owned subsidiary of UPS Inc. ( NYSE: UPS ), is expected to announce Friday that it will lay off approximately 200 people, according to people familiar with the matter. It was not immediately clear where the layoffs will occur. At the end of January, rumors spread that layoffs would be concentrated on Coyote’s Large ...The seasonally adjusted inventory-to-sales ratio in January was 2.95. Excluding the spike in 2020 during COVID lockdowns (when sales crashed, temporarily inflating the ratio), the January number was close to the recent high of 3.1 the month before. This January’s inventory-to-sales ratio was a whopping 40% above the January 2019 pre …... cargo. “We don't know yet if the third lockdown wave will extend the peak because people stay at home and shop more on Amazon and Zalando or if it will ...Mar 10, 2023 · The FreightWaves TRAC spot rate from Los Angeles to Dallas, arguably one of the densest freight lanes in the country, was on an unstoppable decline since January but has finally leveled out. Over the past week, the TRAC rate held firm at $2.01, still a far cry from its year-to-date high of $2.39. 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 …

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 …

26 Aug 2019 ... ... Freight Association, which represents road freight service providers. ... wave of. Reports. November 2, 2023 Report. “Working On Oil is Forbidden ...

Nov 30, 2023 · 4 min. Fraud rates are on the rise, increasing significantly in 2022 and continuing to climb throughout 2023. In fact, the total annual impact of stolen freight came in at a shocking $223,096,368 last year, according to data from CargoNet. Reports of fraud skyrocketed last year, jumping 400% between 2021 and 2022. Capital expenditure in the air network isn’t limited to the U.S. Last fall, DHL Express opened an expanded international parcel hub at Paris-Charles de Gaulle airport. The $200 million site is 10 times larger than the original facility. In September 2020 it transformed the gateway in Milan, Italy, into a regional hub for $123 million.4 ส.ค. 2566 ... The deluge of new containership deliveries continues, depressing freight ... News / Sinking rates and new capacity create crashing waves in box ...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.FreightWaves LIVE. FreightWaves LIVE: Events Podcast. Trucking. Wanna succeed as a small carrier? Get to know your neighbor. The pandemic hype about $4-per-mile truck rates lasting forever crashed to earth in the past year, leaving disillusioned small carriers looking to get out. Read More ».2 min. Seattle-based logistics provider Flexe, which hit a $1 billion valuation last year, has laid off a third of its workforce. A Flexe spokesperson confirmed Wednesday via email to FreightWaves that the company had made “the difficult decision to part ways with 33% of staff. We are sincerely saddened to lose such great talent.Loaded and Rolling: Trucking turnover and retention debate rages on. FreightWaves’ Rachel Premack wrote an article on Wednesday outlining her experience attending a truck driver training conference in Corpus Christi, Texas, by the National Association of Publicly-Funded Truck Driving Schools (NAPFTDS). Premack sought to get more information ...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.Jul 30, 2023 · A bankruptcy filing could be announced Monday. (Photo: Jim Allen/FreightWaves) Less-than-truckload carrier Yellow Corp. ceased all operations at 12 p.m. Sunday, according to a notice on the gates at its terminals. Separate internal documents showed the procedures for closing the facilities as well as “talking points” to be used when ...

Data from FreightWaves SONAR presented during the webinar showed that the net reduction in the number of approved authorities has been relatively muted given the weakness of the market. The market is not ready to bounce back, Fuller said. “This is the reason the carriers feel the way they do.Transport Topics is the nation's logistics and trucking news leader, with award-winning coverage of the regulatory, technology, business, and equipment ...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 ... Instagram:https://instagram. cloud computing etfiphone 15 bannedcoins quarters worth moneybest water parks in midwest Intermodal volume begins to dig out while network challenges remain. In last week’s Passport intermodal weekly, we discussed the very visible impact that the snowstorm in … verizon samsung s23 dealsrobo advisor aum If you are looking for affordable tools, then Harbor Freight Tools is a great place to start. With more than 900 stores across the United States, chances are there is one near you. In this beginner’s guide, we will walk you through some tip... fasnal As October is about to roll into November, the State of Freight webinar with FreightWaves CEO Craig Fuller surveyed a market just hit by the stunning collapse of digital brokerage pioneer Convoy and data sets that aren’t showing much of an upturn in the outlook for carriers. Here are some of the highlights from this month’s session:Fuel News; Weather and Critical Events; Inside SONAR; Watch. Trending Now. What the Truck?!? #WithSONAR; FreightWaves NOW; Fuller Speed Ahead; Net …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 …