Freightwave.

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 ...

Freightwave. Things To Know About Freightwave.

11 Aug 2023 ... FreightWaves CEO Craig Fuller joins 'Squawk Box' to discuss the state of the trucking industry and freight economy at large, why the sector ...The November 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 […]Web2 min. UPS Inc. has made a contract offer to the Teamsters union that the union said Friday represents “significant movement” on wages, benefits and worker classification language. The company has also pledged to have a deal done by Wednesday to cover 340,000 Teamster employees, the union said.Forecast. Using SONAR, you can project freight rates, fuel, operating costs, equipment values, and market activity—for the next 24 hours and all the way up to a year. SONAR’s comprehensive and high-frequency data from across global freight markets is combined with the most comprehensive forecasting tools in the industry, providing users ...FreightWaves Classics. FreightWaves Classics articles look at various aspects of the transportation industry’s history. Old Dominion Freight Line – Helping the World Keep Promises®. Learn more here. American Shipper Archives Wednesday, November 29, 2023.

18 Sept 2023 ... Cincinatti-based Last Mile Technology Company Reaches 20,000 Drivers ... We are thrilled to announce that FRAYT has earned a distinguished spot on ...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...Jun 23, 2023 · Call it a game of contract cat and mouse or not, but the Teamsters union strongly attacked UPS Inc.’s economic counterproposal as negotiations resumed in Washington to hammer out a new master contract. The company’s counterproposal “included minimal raises and overall wage cuts to workers’ cost-of-living adjustments,” the union said ...

Today, the industry recognizes the company's proprietary trackers and cloud-based solution as among the world's best, evidenced by Tive's No. 18 ranking on the ...FreightWaves SONAR has been collecting flatbed freight data since 2019, although the velocity of that data had not reached certain thresholds for analysis. Pickett on Wednesday confirmed that flatbed spot rate pricing, currently available to clients via an API connection, will soon be available in TRAC. “You’ll be able to quote flatbeds to ...Web

John Gallagher. · Wednesday, February 16, 2022. EPA to propose sweeping new truck emissions regs. (Photo: Jim Allen/FreightWaves) Listen to this article. 5 min. The Biden administration will soon propose a regulation aimed at cutting nitrogen oxide (NOx) emissions from heavy-duty trucks. It would be the first such regulation since 2001.Freight brokerage rose by 45% over that time. Rates for truckload, LTL and specialized transportation increased 25%. Parcel rates rose 14.7%, while prices for warehousing services increased 20.5%, with much of that coming after July 2021 as demand spiked hard due to the ripple effect of supply chain bottlenecks at various U.S. seaports.WebRecord newbuild deliveries in 2023-24. The majority of tonnage on order will be delivered the next two years: 2.34 million TEUs in 2023 and 2.83 million TEUs in 2024, compared to around 1.1 million TEUs in both 2021 and 2022, said Verberckmoes. The scale of the upcoming deliveries is unprecedented.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 …

Get the Latest Freight Market News & Trends. Stay informed with timely updates on freight trends that could impact your business. Our freight market updates …

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. Kristin Rakoczy, Marketing Director. As one of ...

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 ». Trucking.WebForecast. Using SONAR, you can project freight rates, fuel, operating costs, equipment values, and market activity—for the next 24 hours and all the way up to a year. SONAR’s comprehensive and high-frequency data from across global freight markets is combined with the most comprehensive forecasting tools in the industry, providing users ...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. Sep 22, 2022 · FreightWaves SONAR data revealed global recession months before FedEx’s earnings. A lack of Chinese imports coming into the Port of Los Angeles is driving weakness in U.S. imports (Photo: Jim Allen/FreightWaves) In a note last Friday, September 16, J.P. Morgan reminded us that back in June it warned about a concerning drop in container volume ... June 28: More than 60 small trucking companies are collectively owed millions of dollars after Transplus Freight System Inc. (Transplus), a Mississippi-based …FreightWaves SONAR Outbound Tender Volume Index (OTVI) is a measurement of electronic offers from shippers to truckload carriers for the transport of goods. OTVI is an indicator of raw demand for trucking capacity. Truckload freight volume is a barometer for business activity around physical goods required by businesses and consumers.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 ...

23 Jun 2023 ... FreightWaves recognizes 25 shippers for outstanding collaboration and flexibility with their carrier partners in the 2023 Shipper of Choice ...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 …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. Start Watching Now On Demand Content Whether you like to watch ...WebThe 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 within your business.FreightWaves. 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.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.Web

FreightWaves Carbon Intelligence (FCI) enables shippers to quantify the efficiency, cost and carbon impact of their transportation networks. Built inside FreightWaves’ Supply Chain Intelligence platform, Carbon Intelligence is the first network-level carbon solution for transportation and logistics brought to market by an impartial, third-party data provider.5 best fleet management software systems in 2024. Fleet management software is a critical tool for businesses that rely on vehicles to operate. It can help you track your fleet's location, fuel consumption, maintenance schedule, and driver behavior. Post.

Nov 29, 2023 · 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. 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.WebCombining 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 …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 | 147,272 followers on LinkedIn. The World's Freight Market Forecasting and Analytics Platform | FreightWaves is the most trusted provider of global supply chain market intelligence.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 ...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 ...Truckload Freight. Truckload shipping refers to the movement of freight in the amounts necessary to fill an entire semi-truck or intermodal container. This is in contrast …Chattanooga, Tennessee—the heart of Freight Alley and home to FreightWaves—will come alive once again with the largest festival in freight November 7-9, 2023. The second annual F3: Future of Freight Festival will converge in the Scenic City at the Chattanooga Convention Center, bringing together experts, entrepreneurs, industry leaders ...Web

Logistics costs as a percentage of GDP hit highest level in 13 years, State of Logistics Report says. The 33rd annual State of Logistics Report, the year-over-year report card of the U.S. business logistics system, confirmed empirically what everyone already knew: 2021 was nirvana or a nightmare depending on what one does for a living.

Get the Latest Freight Market News & Trends. Stay informed with timely updates on freight trends that could impact your business. Our freight market updates …

FreightWaves, the #1 source for navigating the freight markets, presents our latest venture: FreightWavesTV, the first and only streaming TV network created by and dedicated to the transport and logistics industry. Our award-winning team combines the best in broadcast journalism with the diesel in our veins to bring you the inside scoop on what ...19 May 2021 ... FreightWaves Raises $16M For New Sustainability Platform ... Supply chain data startup FreightWaves has raised $16 million in a new round of ...May 22, 2023 · 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 ... 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 ...The FreightWaves Pricing Power Index uses analytics and data from FreightWaves’ SONAR platform to analyze the market and estimate the negotiating power for rates between shippers and carriers based on eight key market indicators. Weekly updates can be found below. Michael Rudolph Friday, November 10, 2023.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...WebThe 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.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.Freight Wave's posts ... Global Tender Management (GTM-Trek!) : Man vs. Technology http://freightwave.com/index.php?page=viewDetail&articleId=188… ... Chinese ...

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 ... 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; …Instagram:https://instagram. who has mounjaro in stockmercedes maybach eqs suvwhere can you sell xbox 360why is nvidia stock dropping FreightWaves SONAR is the world’s first high-frequency market intelligence platform, offering a technical analysis dashboard and API suite that empowers clients with access to freight market developments, often weeks or months before competitors. The creation of SONAR was the brainchild of Craig Fuller, the founder of FreightWaves and the ...November 5-6, 2020 // Virtual Event. We’re taking it virtual! Join us for the biggest virtual freight conference of the year, with an extended lineup of amazing speakers and innovative companies planned. Expect to hear from industry titans and caffeine-fueled entrepreneurs who are leading the charge into 2020. international stock index etfrenting versus buying a home Leveraging FreightWaves’ world class media and video production capabilities, the F3 Virtual Experience will bring industry leading FreightTech to life on November 9-11, 2021. ‍. Join us to engage with industry leaders, experts and entrepreneurs on our newest virtual presentation platform. We’ll host live, interactive discussions focused ...WebOs últimos tweets de @FreightWaves nel stock 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. Kristin Rakoczy, Marketing Director. As one of ... FreightWaves | 147,272 followers on LinkedIn. The World's Freight Market Forecasting and Analytics Platform | FreightWaves is the most trusted provider of global supply chain market intelligence.20 Sept 2023 ... GREENWICH, Conn. , Sept. 20, 2023 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, ...