Freight wave.

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 ... Quicklook: Best fuel cards for truckers. Best for largest fuel rebate: Fuelman Deep Saver Card. Best for lowering fuel costs: AtoB Fuel Card. Best for IFTA reporting: Motive Fuel Card. Best for eCapital factoring customers: eCapital Fuel Card. Best for total rewards: Coast Fuel Card. Best for great fuel discounts: TAFS F2 Fuel Card.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 …Ancora says Omni has unleashed "an army of aggressive law firms" on it after pushing back on the merger attempt. (Photo: Jim Allen/FreightWaves) Ancora Holdings Group, an activist investor in Forward Air, says Omni Logistics is “seeking to intimidate and threaten” it by “sending legal missives ...5 min. The seemingly perpetual marketwide truck driver shortage is not real, nor is it marketwide. While specific fleets can and do have driver shortages — i.e., unseated trucks — the trucking market quickly corrects. There also are periods of capacity shortages, but those get addressed very quickly by the market.

FMCSA’s own statistics red-flags the problem. Of 690,091 interstate freight carriers eligible for an FMCSA safety rating in 2021, 646,777 — roughly 94% — did not have a rating, according to the agency’s most recent annual safety data, published in December 2022. “A system that rates less than 10% of the eligible population is ...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 …

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. 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 ...

Nov 15, 2023 · For exporters, container shipping still far from pre-COVID ‘normal’. The supply chain crisis is over, but exporters are still paying more — and facing more logistical challenges — than they did before the pandemic. Read More ». Greg Miller Friday, September 15, 2023. 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 ...CWT in freight is calculated by dividing the total weight of a shipment by 100, since CWT means “cents per hundred pounds.” To calculate freight charges, multiply the applicable rate per unit of weight by the weight of the shipment.Next Wave – about the project. Summary. Background. Demark. Possible vehicle configurations with national limits for heavy trucks. Finland.

11 de jan. de 2023 ... The river transport sector has huge green potential. Compared to air or road transport, boats emit much less carbon dioxide (CO2) per kilometre ...

Dooner is an award-winning content producer and host who is currently creating new podcasts, TV shows, newsletters and multimedia for FreightWaves.In under a year he helped build FreightCasts, the world’s largest logistics and supply chain podcast network in media. He is a host and producer on ...

11 de jan. de 2023 ... The river transport sector has huge green potential. Compared to air or road transport, boats emit much less carbon dioxide (CO2) per kilometre ...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 …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 …9 de jul. de 2021 ... “Since last week, rates are climbing everywhere,” said one European forwarder. “Demand increased massively, with distressed ocean freight being ...Samsung overtook Apple to secure the top spot in smartphone shipment volumes during the first quarter of 2023. Samsung overtook Apple through a slender 1% lead to secure the top spot in smartphone shipment volumes during the first quarter o...9 de jul. de 2021 ... “Since last week, rates are climbing everywhere,” said one European forwarder. “Demand increased massively, with distressed ocean freight being ...

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 ...FreightWaves Speaker Bio Keynote: A Conversation with Guy Raz 11/9/21 9:10 am WATCH THE KEYNOTE REPLAY If you have not previously registered for the F3 Virtual …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. The truckload market is ...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.Dial-a-Ride Transportation, or DART, utilizes vans specially equipped with a wheelchair lift and restraints for wheelchairs. Each van can accommodate passengers ...

J.H. Walker Trucking has operated in Houston as an expedited oilfield transportation provider for over 30 years. The carrier utilizes everything from pickup trucks to cargo vans to 48-foot flatbed tractor-trailers to transport goods. Walker said his company operates over 200 trucks, delivering 700 to 800 average loads per day.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 ...

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 ...The heart of the Haslam complaint — filed as an action by Pilot Corp. — is that in violation of an earlier agreement, Berkshire Hathaway, upon taking control of Pilot Travel Centers (PTC), switched its accounting to a “pushdown” method. Haslam says this is reducing the value of Pilot, which would impact what Berkshire Hathaway would pay ...HFT's Poly Coated Drop Cloth, available at Harbor Freight, is a simple and affordable option for small to midsize painting jobs, measuring in at a healthy 4 x 12. The …Trimble acquired Kuebix for $200 million in 2020 to gain access to its network of more than 21,000 shipping companies. (Photo: Jim Allen/FreightWaves) Nashville,Tennessee-based FreightWise has acquired transportation management system software provider Kuebix from Trimble Inc. The acquisition was announced Thursday and …Offering W2 drivers $95,000 to $105,000 annually - plus a sign-up bonus, referral bonus, benefits & 24/7 driver support. It's no wonder why Real Trucking attracts the best drivers in the business!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. The FreightWaves Trusted Rate Assessment Consortium (TRAC) spot rate from Los Angeles to Dallas, arguably one of the densest freight lanes in the country, is still securing its footing. Over the past week, the TRAC rate was left unchanged at $2.31 per mile — still some distance from its year-to-date high of $2.39.December 2023. Tue 5. December 5 @ 2:00 pm - 3:00 pm. Webinar: Where Do We Go from Here? Shipper & Consumer Expectations for 2024. Join FreightWaves for a webinar on Tuesday, December 5 at 2pm ET when we’ll cover freight market expectations for load volumes, inventory levels, and capacity. Thu 7. December 7 @ 2:00 pm - 3:00 pm.If you aren’t building interest in 30 seconds with your freight broker sales pitch, then it’s not the amount of content, it’s the quality of content. For emails, a good rule of thumb is 120 to 140 words in length. Anything over 140 words and you start to lose the reader with a wall of words. Remember, cold emails are about selling the ...

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 ...

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 ...

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.Several commenters said FMCSA should allow for an industry-accepted two free hours of wait time, after which it should require a $100-per-hour detention time fee be paid the broker, shipper or receiver. “Hit them where it hurts: their bottom line,” said one, recommending a $100-per-hour fee go to the driver and $300 per hour to the carrier ...The freight industry has seen a wave of brokerage bankruptcies in recent months, and that surge is causing significant disruptions for carriers, undermining their financial and operational stability. Rachel Premack, editorial director at FreightWaves, and Clayton Griffin, chief strategy officer and EVP at OTR Solutions, spoke on current ...Dec 20, 2022 · 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. Fireside Chat: One of the Most Successful Founders in FreightTech on How He Reinvented Freight ProcurementThe 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.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.To properly calculate the price, you first must know the density and weight of the shipment. To do that, measure the height, width and depth and multiple these numbers to obtain the cubic footage. Divide that by the total weight to get the density. Using the NMFC classification system splits LTL freight into weight classes.Daily Infographic: Which states are most prepared for climate change? Brandon Cafferky. · Monday, November 27, 2023. Listen to this article. 1 min.An order was entered in a Delaware bankruptcy court Thursday naming less-than-truckload carrier Estes Express Lines’ $1.525 billion stalking horse bid as the winning offer of Yellow Corp.’s portfolio of owned terminals. Bid protections for Estes were also approved, including a $7.5 million breakup fee and expense reimbursement up to $1.6 ...Major U.S. and European airlines ranging from Air Canada to United Airlines, Air France-KLM and Lufthansa Group reported revenue declines of 25% to 40% for cargo during the three-month period, with the Lufthansa Cargo freighter unit barely breaking even. Korean Air’s cargo revenue fell 51%. Logistics behemoth Kuehne+Nagel said revenue for ...

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 ...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 ...Is soliciting the open market of carriers for the purposes of transporting a freight shipment. FMCSA’s guidelines clarify that dispatchers operating as an unauthorized broker carry civil penalties of up to $10,000 for each violation. Congress also mandated that FMCSA clarify what defines a “broker” versus a “bona fide agent” that ...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. Instagram:https://instagram. online foreign exchange brokerswhat are fang stocksapis cor stock pricesairlines stock FMCSA’s own statistics red-flags the problem. Of 690,091 interstate freight carriers eligible for an FMCSA safety rating in 2021, 646,777 — roughly 94% — did not have a rating, according to the agency’s most recent annual safety data, published in December 2022. “A system that rates less than 10% of the eligible population is ...Trucker Tools. Trucker Tools helps empower brokers and carriers with real-time software intelligence.Its platform of over 315,000 carriers helps brokers match 98% of freight with reliable trucks. Trucker Tools’ Book-It-Now option also helps improve relationships with trusted carriers by fully automating many steps of the booking process … old us quarterregulated forex brokers in the us 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.Whether you’re expecting an important package or want to keep an eye on your business shipments, tracking your FedEx shipment is crucial. With the advancements in technology, tracking packages has become easier and more efficient than ever ... stock price lrcx 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.