Freight wave.

Are you in the market for new furniture? Look no further than American Freight. With a wide selection of quality pieces at affordable prices, American Freight is the go-to destination for all your furniture needs.The National Motor Freight Classification, also known as the freight class number, of a commodity is typically assigned by a shipping company.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. 5 de ago. de 2023 ... See our favorite photos from Thursday evening's bore tide. ... A handful of surfers paddled out into Turnagain Arm's muddy waters Thursday evening ...The trucking spot market is an open marketplace for freight transport in which rates are negotiated ‘on the spot’ based on real-time load volume and carrier capacity market conditions. The highly volatile spot freight market is typically used to handle shipments that don’t meet the terms of an existing freight agreement. As a result, they ...

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.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 SONAR’s price, demand, and capacity data spans across all modes to allow logistics leaders to benchmark, analyze, monitor, and forecast the global physical economy.

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 ...Daily Infographic: Amazon dominates the US e-commerce landscape. Brandon Cafferky. · Friday, November 03, 2023. Listen to this article. 1 min.

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.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. 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.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 …

J.B. Hunt Transport Services and BNSF Railway announced Tuesday the launch of Quantum, a premium intermodal offering ensuring improved delivery times with consistent service. The companies made the announcement at FreightWaves’ F3: Future of Freight Festival 2023 in Chattanooga, Tennessee. Quantum will be run by employees …

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.

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 ... Air cargo diverted from Shanghai is disrupting freight operations at other Chinese airports, causing a shortage of pallets for exports, Chicago-based AIT Worldwide Logistics reported. Meanwhile, Shenzhen International Airport imposed a daily import cap of 250 tons, including 125 tons for perishable and temperature-controlled cargo from April 21 ...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. 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 ... Dec 22, 2022 · Purchasing transport services also fits with management’s expectation that more businesses will opt for deferred parcel and freight products for their goods. FedEx Express revenue declined 6% year over year on a 12% fall in volumes as global industrial production slowed and e-commerce shipping returned to pre-pandemic rates after spiking in ... 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 ...

Apr 26, 2022 · Air cargo diverted from Shanghai is disrupting freight operations at other Chinese airports, causing a shortage of pallets for exports, Chicago-based AIT Worldwide Logistics reported. Meanwhile, Shenzhen International Airport imposed a daily import cap of 250 tons, including 125 tons for perishable and temperature-controlled cargo from April 21 ... Purchase: A freight broker purchases a surety bond from a surety company or bond agency. The FMCSA requires a bond of at least $75,000, but you should also research your state’s requirements. Obligation: The freight broker must abide by the rules and regulations laid down by the FMCSA and any state-specific laws.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 city receives approval for a Foreign Trade Zone program. 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 ...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 …Larger container ships sailing from Asia to U.S. East and Gulf Coast ports already feel the effect of Panama’s drought, because they need more than 44 feet of draft when fully loaded. Vasquez said that for every foot of lost draft, container ships lose capacity for 350 twenty-foot equivalent units. Thus, this year’s loss of 6 feet of draft ...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.

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.

Shipping brokers work as intermediaries between shippers and carriers. The broker does not own the goods in need of transportation nor do they have a transportation company to move the goods. They simply work with the two parties to reach favorable terms and contracts between the two. The freight industry is complex and growing rapidly …Quicklook: Best Diesel Mechanic Schools. Best For Comprehensive Training: Lincoln Tech. Best For Manufacturer-Specific Training: Universal Technical Institute. Best For Alternative Hands-On Education: American Diesel Training. Best For Associates Degree Program: J-Tech. Best For Accelerated Training: WyoTech.Aug 24, 2023 · Port Houston sees monthly gains in autos, resin shipments. Port Houston hit a record for monthly container volumes, handling 344,163 twenty-foot equivalent units in July. The monthly total was a 5% year-over-year (y/y) increase compared to the same period last year. Year to date, the port handled 2.2 million TEUs at its two terminals, only 1% ... What is spot freight? Most freight agreements involve a long-term contract to move the same cargo on a set schedule for 12 to 24 months. However, with spot freight, a shipper gathers several quotes and then picks the best one to transport a single shipment. Shippers might strike this agreement a few weeks or even months before the shipment ...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 ...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. Big names like C.H. Robinson, Uber Freight and Convoy have all cut staff in recent months. Here’s what’s driving the freight brokerage layoffs.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 …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. 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 ...

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 ...

Abstract Rossby wave breaking is an important mechanism for the two-way exchange of air between the tropical upper troposphere and lower stratosphere and ...

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.We would like to show you a description here but the site won’t allow us.The trucking spot market is an open marketplace for freight transport in which rates are negotiated ‘on the spot’ based on real-time load volume and carrier capacity market conditions. The highly volatile spot freight market is typically used to handle shipments that don’t meet the terms of an existing freight agreement. As a result, they ...Matheson Flight Extenders has closed sorting facilities in Massachusetts, Georgia and Maryland since October. Clarissa Hawes. · Wednesday, November 22, 2023. U.S. Postal Service contractor Matheson Flight Extenders plans to cut more than 450 jobs at three of its facilities in California by Dec. 15. (Photo: Jim Allen/FreightWaves)However, the shipper is not solely responsible for delivering the goods to the consignee. Once the shipper transfers the freight to the carrier, the transporting entity then assumes liability and ownership of the cargo. If the cargo is damaged, delayed, or lost while in transit, the carrier will often be responsible for absorbing these costs.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 …Aug 24, 2023 · Port Houston sees monthly gains in autos, resin shipments. Port Houston hit a record for monthly container volumes, handling 344,163 twenty-foot equivalent units in July. The monthly total was a 5% year-over-year (y/y) increase compared to the same period last year. Year to date, the port handled 2.2 million TEUs at its two terminals, only 1% ... 1 hour ago · 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 third quarter versus the nine-month period a year ago. Many cargo airlines have hit the brakes on adding new or converted freighters and reduced flight activity to manage costs.

Port Houston sees monthly gains in autos, resin shipments. Port Houston hit a record for monthly container volumes, handling 344,163 twenty-foot equivalent units in July. The monthly total was a 5% year-over-year (y/y) increase compared to the same period last year. Year to date, the port handled 2.2 million TEUs at its two terminals, only 1% ...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 ...From its billion-dollar investment in supply chain infrastructure to its carrier-friendly drop-and-hook freight and continuing culture of technology experimentation, The Home Depot has made innovation part of its supply chain DNA. This article is published jointly with our partners at Convoy. To view more Future of Freight content, click here.Maersk began the year with 110,000 global employees. Year to date, it has cut 6,500 jobs, which it has not previously disclosed. It has now decided to cut a further 3,500 jobs, including 2,500 by year-end and 1,000 in 2024. The total reduction — 10,000 layoffs — will reduce global headcount by 9%. “This is not a diet.Instagram:https://instagram. day trading ai softwarevanguard gold fundsmorgan stanley vs charles schwabspy returns 5 min. Yellow Corp. expects to reduce the number of terminals in its network from 316 to 300 by year-end as the less-than-truckload carrier looks to further cut costs, company executives told analysts. Speaking after Yellow reported first quarter financial results Tuesday, chief operating officer Darrel Harris said the terminal reduction would ... pfe buy or sellbest inverse etf for bear market As we come closer to the end of 2023, it makes me reflect on the past 12 months. And although the initial reaction might be that there has been a lot of negative news and events in the logistics industry such as strikes, bankruptcies, security incidents, weather events, etc., there are also many positive things that occurred in the last year.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 ... nasdaq akam 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 …Feb 8, 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.