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Alaska Air will take over cargo transportation for e-commerce giant Amazon when it concludes a deal announced Sunday to acquire Hawaiian Airlines in a stock-and-debt transaction worth $1.9 billion. Whether the Amazon transportation services agreement is eventually modified is unclear, but Alaska’s CEO said it could spur further investment in ... Sep 13, 2023 · The National Truckload Index (linehaul only – NTIL) is based on an average of booked spot dry van loads from 250,000 lanes. The NTIL is a seven-day moving average of linehaul spot rates excluding fuel. Spot rates are still 15% lower year over year. Bruffett is seeing capacity exit as well. Here’s a look at some of the top logistics trends impacting supply chain management, shipping, compliance and more. 1. New emissions standards for maritime shipping. January 1, 2020, marked the beginning of the first calendar year in which new maritime regulations for sulfur dioxide (SOx) will be in full effect.Lineage Logistics has raised nearly $7 billion in equity since early 2020. (Photo: Jim Allen/FreightWaves) Temperature-controlled storage and logistics provider Lineage Logistics has been reported to be pursuing a more than $30 billion initial public offering for next year. Backed by private equity firm Bay Grove, Novi, Michigan-based …

According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.FreightWaves unveiled the winners of its 2024 FreightTech 25 awards on the final day of the F3: Future of Freight Festival. This sixth iteration of the award series was full of surprises. The 2024 list honors industry veterans and newcomers that have found a way to hang on in one of the most difficult environments for technology companies in recent …Mexico has been the top U.S. trading partner since the beginning of 2023, reporting $397 billion in two-way trade from January through June, according to the U.S. Census Bureau. In comparison, Canada was No. 2 at $388 billion and China was third at $276 billion for the same period. “We’ve already observed encouraging growth in …

Sep 25, 2023 · 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 from ... Join us June 21-22, 2023, at the Huntington Convention Center in Cleveland, Ohio to learn first-hand how companies are digitally transforming the management of their supply chains.

Sep 25, 2023 · 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 from ... 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. Our FreightWaves TV events and freight conferences give you the opportunity to make connections, stay up-to-date and prepare for what lies ahead. Get started by exploring upcoming FreightWaves events below and registering now. mark your calendar Upcoming Events. Domestic Supply Chain Summit December 13, 2023Get the Latest Freight Market News & Trends. Stay informed with timely updates on freight trends that could impact your business. Our freight market updates are brought to you by FreightWaves SONAR , our high-frequency freight market intelligence platform that provides near real-time trucking, railroad, ocean, and air freight transportation ...

Sep 7, 2023 · Carrier’s tonnage should inflect positively soon. Old Dominion reported a 6% increase in shipments from July to August. (Photo: Jim Allen/FreightWaves) Operating metrics for less-than-truckload carrier Old Dominion Freight Line saw a sharp inflection in August when compared to July. The company attributed the change to the shutdown of Yellow ...

An investigation is underway after a FedEx cargo airplane skidded off a runway at an airport in Chattanooga, Tennessee, on Wednesday. The three people on board were uninjured. The incident occurred around 11 p.m. when a call came in that an airplane was experiencing a landing gear failure. In an ATC communication obtained by Local 3 …

CloudTrucks CEO Tobenna Arodiogbu has announced that his company is exiting the factoring business and will be transitioning its current customers to RTS…Nov 28, 2023 · According to the U.S. Department of Transportation Federal Railroad Administration, the U.S. rail freight network covers almost 140,000 route miles and is generally considered the largest, safest, and most cost-efficient freight system in the world. In addition, says the FRA, the almost $80 billion rail freight industry creates more than ... 3 min. Orbcomm, a major provider of ELDs to the trucking sector, is dealing with a ransomware attack that has limited the ability of its customers to use its Fleet Manager offering, which includes its Blue Tree ELD systems, the company has confirmed. Resolving the issue may take up to two weeks. “On September 6, 2023, ORBCOMM …Gostaríamos de exibir a descriçãoaqui, mas o site que você está não nos permite.Apr 1, 2022 · The national spot rate, after reaching an all-time high of $3.83 per mile in early January, now sits at just $3.34 a mile, which includes fuel surcharges and other accessorials. Of the 102 lanes from Truckstop.com’s load board, 25 reported spot rate increases last week, down from 36 lanes the week prior. John Kingston. · Friday, November 03, 2023. Job totals in truck transportation declined for the fourth time in five months. (Photo: Jim Allen/FreightWaves) Employment in the truck transportation sector in October recorded its fourth decline in the past five months as total jobs in that classification are now down more than 30,000 since its ...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 services to …

The California Highway Patrol has issued a final rule requiring ELD use by intrastate drivers on and after Jan. 1, 2024. The post What you need to know about the California intrastate ELD mandate ...Today’s rate wars may seem amplified compared to the 2020-22 cycle when pandemic-related delivery volumes spiked hard and carriers had the effective run of the pricing table. In contrast, delivery demand today is quite soft, mirroring the broader goods-ordering weakness pervading the general economy. Parcel carriers invested billions of ...Sep 25, 2023 · 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 from ... An index of tendered volumes on a given day. It is organized by inbound (ITVI) and outbound (OTVI) volumes for the U.S., regional, and market granularity. The index was created with a base of 10,000 on a national level from March 1st 2018 volumes. For example: If there were 10 national loads tendered on March 1st and on March 2nd there …David Heller, vp of government affairs, TCA, and Caitlin Smith, government affairs manager, TCA. · Monday, March 21, 2022. The U.S. DOT found that the truck parking shortage exists in every state and region, but it did not include dedicated funding for truck parking in the recent infrastructure bill. (Photo: Jim Allen/FreightWaves)Over the past seven days, a diverse assortment of markets benefited from a seasonal uptick in shippers’ activity, including seaport markets and heavyweight industrial regions. The market of Ontario, California, which stores and distributes freight from the nearby ports of Los Angeles and Long Beach, saw volumes climb 5.68% w/w.

28 Aug 2023 ... With many companies looking to nearshoring to get into the American economy, is Mexico the next manufacturing and distribution gold mine?Oct 10, 2023 · The NRF and Port Tracker previously predicted full-year imports for the ports it covers of 22.3 million TEUs. On Tuesday, it pared that forecast slightly, to 22.1 million TEUs — still up 1.5% and 2.3% from the pre-COVID years of 2018 and 2019, respectively. (Chart: FreightWaves based on data from NRF/Port Tracker)

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 …The unified carrier, which has yet to announce a new name, will expand into Texas in the first quarter and will add Chicago at an undetermined time. The company on Thursday announced a 6.9% general rate increase on residential ground deliveries in 2023, which matched FedEx and UPS. But the OnTrac-LaserShip GRI is just for show.4 min. The beleaguered freight division of Qantas Airways said late Thursday that it could take another two weeks for some key cargo terminals in Australia to dig out from the logjam of shipments caused by a troublesome switchover to a new cargo management system. Data from the legacy system was supposed to be integrated into the new one, …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 unveiled the winners of its 2024 FreightTech 25 awards on the final day of the F3: Future of Freight Festival. This sixth iteration of the award series was full of surprises. The 2024 list honors industry veterans and newcomers that have found a way to hang on in one of the most difficult environments for technology companies in recent …Photo: Jim Allen/FreightWaves. An online auction is slated for Tuesday to sell the assets of Minnesota-based Twin Express Inc., which had a reported 72 power units and 73 drivers, after the trucking company defaulted on a $19 million loan. The move comes nearly three months after Judge Jamie L. Anderson in Hennepin County District Court in ...9 Jan 2020 ... New York Gov. Andrew Cuomo suggested Wednesday that his state may become the latest to jump on what might be called the AB5 bandwagon.Sep 25, 2023 · 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 from ...

U.S. Postal Service contractor Matheson Flight Extenders (MFE) filed paperwork Thursday stating that it plans to eliminate 305 jobs and close its sorting facility in Chicopee, Massachusetts, by the end of October, bringing to about 1,000 the total job cuts it has announced in recent days.

The High-Velocity Solution. Friction in one area of the supply chain creates friction in other parts of the supply chain. Overcoming these obstacles requires a truly modern and innovative approach to supply chain management. “I think it’s fair to say that friction will never be fully eliminated from supply chain operations,” said Fullerton.

Dec 3, 2023 · FreightWaves National Truckload Index (NTI) is a seven-day moving average of spot rates that measures the U.S. for-hire, over-the-road dry van trucking market: Representing 8.7 million loads; Published 365 days of the year; Over 1,200 days of historical data; Views aggregated weekly or moving 7 day averages Sep 3, 2023 · FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. Amerijet feels financial pinch as cargo business deteriorates - FreightWaves. Amerijet, racing to reverse the cargo airline’s negative cash flow after the recent firing of CEO Tim Strauss, is parking jets, deferring major maintenance and taking other steps to contain costs, according to public fleet databases and sources with intimate ...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.7 min. The Biden administration has announced a huge plan to tackle issues plaguing the U.S. supply chain that covers several cross-government partnerships. In announcing the plan Monday, White House officials said the strategy of using both domestic tools and international partnerships can help diversity and strengthen the U.S. supply chain.Please note, we have recently updated this website and your password may have changed. If you have trouble logging in use "Forgot Password" and your email Trucking company 10 Roads Express has laid off 66 workers at its facility in Fort Worth, Texas, citing the cancellation of postal contracts. The layoffs, which occurred Oct. 16, affected 55 truck drivers, four dispatchers and seven mechanics, according to a recent filing with the Texas Workforce Commission. “The company gave affected ...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 …

FreightWaves truckload freight coverage is your leading source of truckload news and information via freight data. Subscribe now for free.The recent shutdown of Convoy, a digital freight brokerage established in 2015, shows that. Convoy enjoyed all the trappings of a runaway tech success. Its two co-founders, Dan Lewis and Grant Goodale, had Amazon and Ivy League credentials. Convoy counted Jeff Bezos, Bill Gates and (bizarrely) Bono among its investors.David Heller, vp of government affairs, TCA, and Caitlin Smith, government affairs manager, TCA. · Monday, March 21, 2022. The U.S. DOT found that the truck parking shortage exists in every state and region, but it did not include dedicated funding for truck parking in the recent infrastructure bill. (Photo: Jim Allen/FreightWaves)Instagram:https://instagram. top 100 stocks under dollar10best banks in kansas city areatuscany italy real estateautozone advance Inspired by the word “quantum,” the name honors the company’s roots and spotlights its aspirations in chemical transportation as the combined revenue for the specialized logistics company exceeds $500 million, according to company sources. “The rebrand to Quantix will continue to pay homage to A&R’s 50-year history during which we ...FreightWaves. 70621 likes · 1882 talking about this · 65 were here. FreightWaves is the most trusted provider of global supply chain market intelligence. mirati therapeutics stockbest airline stocks Optimizing how you ship freight. We blend advanced technology with a network of 50,000+ Amazon trailers and carriers to move your full truckload freight―simply and reliably. Put the power of Amazon behind your shipments, with a partner that's here to meet the demands of today and help you navigate the road ahead. best jewelry insurance company Oct 26, 2023 · The recent shutdown of Convoy, a digital freight brokerage established in 2015, shows that. Convoy enjoyed all the trappings of a runaway tech success. Its two co-founders, Dan Lewis and Grant Goodale, had Amazon and Ivy League credentials. Convoy counted Jeff Bezos, Bill Gates and (bizarrely) Bono among its investors. FreightWaves NOW | November 28, 2023 Kaylee Nix and Bill Priestley host today’s show as Eric Kulisch brings us the story of Flexport getting a shoutout from…According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.