Freight wave.

Nov 27, 2023 · A Tennessee-based trucking and logistics company has agreed to pay $700,000 to settle allegations by the U.S. Department of Justice that it discriminated against noncitizen workers when checking their permission to work in the U.S. Read More ». John Gallagher Wednesday, November 22, 2023. In arguably one of the most important moves in its history, FedEx Corp. said Wednesday it will combine three of its operating units into one business known as Federal Express Corp. The transition will bring FedEx’s ( NYSE: FDX) air, ground parcel and FedEx Services businesses under one umbrella, effective June 1, 2024.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 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 ... 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.

Mar 29, 2023 · 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 ... Webinar: Harnessing data for smarter logistics management. By embracing artificial intelligence (AI) and quantum computing, shippers and freight forwarders can not only meet but exceed the demands of modern supply chain complexities. Combining these technologies can help […] Explore the latest industry webinars hosted by FreightWaves …

Reinventing Freight Procurement; Carrier Cyber Security; Logistics. Logistics/Supply Chains; Freight All Kinds; Railroad; Truckload. Trucking Regulation; Last-Mile Delivery; …

Nov 16, 2022 · Craig Fuller, CEO at FreightWaves Sunday, January 29, 2023 Volume returning to trucking market, but carriers aren’t feeling it (yet) There are encouraging signs that demand is returning to the U.S. trucking market, based on high-frequency truckload volume data from FreightWaves SONAR. Read More » John Kingston Friday, January 27, 2023 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%. In the 2008 freight recession, freight brokerages were a much smaller percentage of the overall trucking market, representing just 10% of the total freight in the market. This number has doubled since then, along with the quality of freight. When I was working the freight desk at U.S. Xpress in the early 2000s, freight brokerages weren’t a ...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 …

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Mar 11, 2022 · Freight Industry News & Trends. The Future of Freight is a collaboration between FreightWaves and Convoy to highlight the businesses and individuals who are leading this change. Here you’ll find stories about supply chain professionals who are modernizing their operations, the technologies enabling the change, and best practices you can apply ...

Daily Infographic: Which states are most prepared for climate change? Brandon Cafferky. · Monday, November 27, 2023. Listen to this article. 1 min.Best For High Compensation Rates: ABF Freight – Match Now; 6 Best OTR Trucking Companies. Get insights into the best OTR trucking companies to work for with information on what drivers appreciate about their jobs and key company information. GP Transco. GP Transco scores high for its pay and benefits. Plus, it has modern technology …Freight brokers handle a large amount of the truck transport business in the United States. A freight broker company provides a link between a shipper who has goods to transport and a carrier who has trucks to move those goods. The company ...2024 is set to be a record-breaking year again with an estimated 3 million TEUs of new capacity entering the market. This combination of excessive available capacity and low …4 min. WASHINGTON — The Biden administration has finalized a rule requiring each state to track and monitor greenhouse gas emissions from vehicles despite opposition from some states and road and bridge builders. The new rule, which generated close to 40,000 comments after it was formally proposed in a notice of proposed …

F3: Future of Freight Festival | Nov. 7-9, 2023. Join us in Chattanooga, TN for a festival like no other!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. Heralded as the 'Beast of Indian Railways', the WAG-12B locomotives are making waves as fully electric, high-powered freight engines that are transforming the …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 …7 min. WASHINGTON — Trucking companies should be better protected against unpaid claims that are due them from brokers under a new rule issued by the Federal Motor Carrier Safety Administration. The rule, proposed earlier this year and made final on Wednesday, amends regulations addressing broker and freight forwarder …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 …

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 ...

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.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 ... The Rand McNally is a great GPS, especially for the trucking industry. It offers customized routing based on the size of your vehicle and load type. The TND 740 will automatically avoid low bridges and other road-based obstacles once you input the specifics of your load. However, it is a bit pricier than other systems, with an average cost of ...FreightWaves. 71,550 likes · 1,550 talking about this · 65 were here. FreightWaves is the most trusted provider of global supply chain market intelligence.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 …BlueVine. Best For: Transparent fees. BlueVine is a flexible, transparent invoice factoring company that is newer to the industry. Established in 2014, it has an A+ Better Business Bureau rating and excellent reviews. With BlueVine, you can choose from recourse or non-recourse agreements to meet your needs.F3: Future of Freight Festival | Nov. 7-9, 2023. Join us in Chattanooga, TN for a festival like no other!

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; …

17 de set. de 2021 ... ... Freight Index for French Road Transport, in the context of a fourth wave of the pandemic. The margins for carriers continue their erosion ...

Some points to be aware of include the following: Payment and terms. Delivery schedule. Origin and destination. Special freight considerations, such as reefer or hazmat. By analyzing load details and market rates for comparable loads, you can better determine whether a load is a good fit for your business.The Rand McNally is a great GPS, especially for the trucking industry. It offers customized routing based on the size of your vehicle and load type. The TND 740 will automatically avoid low bridges and other road-based obstacles once you input the specifics of your load. However, it is a bit pricier than other systems, with an average cost of ...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. Give your customers every way to pay with Wave Payments. Add a secure "Pay now" button to invoices. Accept credit cards, bank transfers, or Apple Pay. Get paid in 1-2 business days.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.Less than Truckload (LTL) Stay Up to Date on the LTL Industry. Less than truckload (LTL) refers to shipping services for relatively small loads of freight (typically between 150 and 15,000 pounds). One of the main benefits of the LTL industry is cost efficiency. LTL trucking allows shippers to combine several loads going to the same facility ...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. 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%.The FreightWaves executive team has over 75 years of freight experience, founded or helped build 10 start-ups, raised over $1 billion in private capital and completed over $5 billion of M&A. The team’s experience spans every area of the supply chain, helping the company create unique solutions for the freight community.F3: Future of Freight Festival | Nov. 7-9, 2023. Join us in Chattanooga, TN for a festival like no other! 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 ... 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 ...

4 min. WASHINGTON — The Biden administration has finalized a rule requiring each state to track and monitor greenhouse gas emissions from vehicles despite opposition from some states and road and bridge builders. The new rule, which generated close to 40,000 comments after it was formally proposed in a notice of proposed …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 …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. Instagram:https://instagram. zoominfo pricewhy is dominion energy stock droppingsandstorm stocksoundhound stock prediction Ukraine targeted a freight train with four explosive devices, an unnamed source told CNN. It is the only major railroad connecting Russia and China for military supplies, per Russian … top rated financial advisors near metecl etf 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 ... algarve region Voting. A panel chosen by FreightWaves will take the hundreds of nominations and narrow down these companies to the FreightTech 100. An external peer group of CEOs, industry leaders, academics and freight-industry investors will then take the FreightTech 100 list and rank those companies that they think are the top 25 most innovative …Freight benchmarking, a core feature of SONAR, allows users to compare their monthly performance to the market—data on everything from gross margin to empty miles and revenue per tractor per week from hundreds of carriers and 3PLs. F3: Future of Freight Festival | Nov. 7-9, 2023. Join us in Chattanooga, TN for a festival like no other!