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Nov 27, 2023 · 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.

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Nov 16, 2023 · 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 ... 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.Aug 31, 2023 · 3 min. 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. This marks the third Worker Adjustment and ... Record 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.Get 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 data and actionable intelligence.

Apr 25, 2023 · The indexes, which are derived from surveys of carriers, brokers and shippers, measure near-term and longer-term profitability, workforce and business investment sentiment. For the first time since we started tracking sentiment in Q4 2022, an overall score has fallen into the negative. FreightWaves SONAR: NTI.USA (white) and NTIF.USA (green). F3: Future of Freight Festival | Nov. 7-9, 2023. Join us in Chattanooga, TN for a festival like no other!

Amerijet turns tables on Korean Air for opposing commercial permit. Amerijet, a mid-tier cargo airline based in Miami, is trying to block a startup operator of business jets owned by Korean Air from gaining flight access to the U.S. because it says the Korean flag carrier is undermining its expansion into Korea.

The current contract, negotiated in 2018 but not ratified until the following year, has allowed UPS to skirt the significant labor cost inflation that has hit FedEx Corp.’s (NYSE: FDX) ground-delivery unit. UPS Teamsters have been receiving wage increases and annual cost-of-living adjustments of about 3% since 2018.2024 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 …6 min. 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 ...Nov 16, 2022 · Get 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 data and actionable intelligence.

Oct 5, 2022 · Record 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.

Quicklook: Best Trucking Companies in Florida. Inland Transport – Match Now. Schwend, Inc. – Match Now. Williams Trucking Company, Inc. – Match Now. East Florida Hauling – Match Now. Lake Trucking Company – Match Now. Service Trucking, Inc. – Match Now. Freight Hub Group – Match Now. Atlantic Truck Lines – Match Now.Web

Robotics strategy is not one size fits all — At Your Doorstep. Modern Shipper provides news and information on the gig economy, including last-mile and on-demand delivery, e-commerce, fulfillment, direct-to-consumer, drones & autonomous vehicles, electric vehicles, and related technologies.Here are some of the small trucking companies that went bankrupt this year: Freon Logistics, 10 drivers. Navarro Trucking Group, 15 drivers. JCB Trucking Enterprises, 16 drivers. McClellan Trucking and Duran Transfer, 21 drivers. Elite Transportation, 25 drivers. Rooney Trucking, 37 drivers.Position your message in front of global freight decision makers. social. Make waves across all FreightWaves Media social platforms. driving value for our customers. SmartDrive always enjoys working with FreightWaves. The team is always very easy to work with and is a true partner with us on the content creation process. I appreciate the ...Freight market conditions are a function of the balance of supply and demand and the build-up of excess capacity is the most probable cause of the trucking boom-and-bust cycle. As we enter the second quarter of 2023, it appears that the freight market may be worse than the freight recession of 2019, as tender rejections are on the verge of ...A Flourish data visualization. FreightWaves targeted the survey at owner-operators from Feb. 9-17 and heard from roughly 120 carriers in all. More than three-quarters of those identified as owner-operators, and another 6.7% answered “no, but I was for part of 2022.”. Only results from current owner-operators were considered in the …19 Jul 2023 ... July's freight market update covers sluggish freight volumes, spot and contract rates, and the returning balance of the freight market.Apr 3, 2023 · Freight market conditions are a function of the balance of supply and demand and the build-up of excess capacity is the most probable cause of the trucking boom-and-bust cycle. As we enter the second quarter of 2023, it appears that the freight market may be worse than the freight recession of 2019, as tender rejections are on the verge of ...

22 Mar 2019 ... Uber Freight announced earlier this week that it's entering the European market, beginning with the Netherlands, according to Freight Waves.Listen to this article. 6 min. A federal judge has ruled that Total Quality Logistics — the second-largest freight brokerage in the U.S. — violated federal law and owes overtime pay to thousands of former employees who worked more than 40 hours a week. Judge Michael Barrett of the U.S. District Court for the Southern District of Ohio issued ...WebNov 5, 2023 · The air freight forwarding industry is responsible for making sure shipments from one country to another are fully completed. They handle everything from storage and inventory management, to customs clearance, international export, import documentation, and more. Because of their expertise in international shipping, air freight forwarders also ... Amerijet turns tables on Korean Air for opposing commercial permit. Amerijet, a mid-tier cargo airline based in Miami, is trying to block a startup operator of business jets owned by Korean Air from gaining flight access to the U.S. because it says the Korean flag carrier is undermining its expansion into Korea.J. B. Hunt 360º Party. 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. Explore the latest technology, newest applications, trends in education and continuing evolution of the overall supply chain–it’s an ... 6 hari yang lalu ... 25:18. Go to channel · Cargo security and it's freight market dynamics with Philip Schmidbauer | Loaded and Rolling. FreightWaves New 23 views.

Jacksonville, Florida-headquartered Rail Link, a rail car switching subsidiary of short-line operator Genesee & Wyoming (G&W), has been party to five new contracts in the U.S. since September. Parent company G&W announced the contracts for Rail Link, which was founded in 1996, call for the company to handle rail car switching of renewable ...VOTED #1 DISPATCHING COMPANY BY INDUSTRY LEADER FREIGHT WAVES . Read About Us. Professional truck dispatching . Quality Communication. Our dispatchers work to find you the best freight for Dry Van, Reefer, Flatbed and Auto Transporters. We offer both daytime operations as well night time, 3rd Shift Dispatch.

A freight board, also known as a load board, is an online platform where shippers and carriers (trucking companies or owner-operators) can find and book loads. Shippers or brokers post jobs for carriers to bid on, effectively matching truck capacity with freight in need of transport.WebDooner 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 ...WebFreightWaves 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 …9 min. Millions of FedEx Corp. stakeholders are still digesting the Thursday night’s calamitous announcement of a massive quarterly income shortfall at its largest unit and the withdrawal of financial guidance for the rest of its fiscal year a bit more than a quarter of the way through it. The question is whether the news signals a larger ...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 The naming ceremony of the 24,188-TEU OOCL Spain was held at China’s NACKS shipyard on Feb. 16. (Photo: OOCL) FreightWaves. ‘Colossal’ tidal wave of new container ships about to strike. 8 min. Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will pick up in earnest …WebFreightWaves. 71,410 likes · 3,696 talking about this · 64 were here. FreightWaves is the most trusted provider of global supply chain market intelligence.15 min. The biggest bankruptcy in U.S. trucking history could occur in the coming days when the nation’s third-largest less-than-truckload carrier, Yellow Corp., files. The company ceased all operations at noon on Sunday, and leadership representing its Teamsters workforce said it had been notified of a pending bankruptcy filing.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 ...

7 steps for investing in a trucking company. If you are ready to invest in trucking, follow these seven steps to find the ideal partner for your venture: Research the trucking industry and its players. During the first phase, familiarize yourself with the trucking industry as a whole, and the various companies within it.

J. B. Hunt 360º Party. 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. Explore the latest technology, newest applications, trends in education and continuing evolution of the overall supply chain–it’s an ...

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, bringing together experts, entrepreneurs, industry leaders, educators and more to discuss the key factors impacting …WebSo, how do salaries and other compensation differ among regions? In April, FreightWaves conducted a survey of 286 freight brokers in the U.S., from each of the nine geographic subdivisions designated by the Census Bureau, to learn more about base salaries, commissions and talent. The survey found that the median entry-level base …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.WebFedEx Freight said in late August that its 2024 GRI would average between 5.9% and 6.9%, 100 bps lower on both ends of the range than the 2023 increase.The new increase takes effect Jan. 1. Since the exit of Yellow, most carriers have seen an influx of freight into their networks, which has pushed analysts to raise estimates heading into …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.WebGet the latest breaking news and stay on top of the stories that matter most. CLICK HERE FOR FULL EXPERIENCE Available on your favorite devices LEARNWeb4 min. Fraud rates are on the rise, increasing significantly in 2022 and continuing to climb throughout 2023. In fact, the total annual impact of stolen freight came in at a shocking $223,096,368 last year, according to data from CargoNet. Reports of fraud skyrocketed last year, jumping 400% between 2021 and 2022.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 ...WebSep 15, 2023 · And nearly 200,000 actors and screenwriters are on strike. American approval of labor unions just hit its highest point since 1965, according to a Gallup poll. For the first time ever, a sitting president is even supporting strikes. Steven Greenhouse, a former longtime labor reporter at The New York Times, hesitated to say that we’re in a ... Supply Chain Events & Logistics Conferences. Join us for the latest insights on emerging issues and trends within the transportation industry. 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 ...

Everyday Americans rejoiced Thursday morning when they learned a “disastrous” rail strike would be averted. President Joe Biden announced that rail companies and rail workers’ unions had come to a tentative agreement — avoiding a seemingly inevitable work stoppage that could have begun Friday at 12:01 a.m. In the hours that …Wave supports independent drivers with a comprehensive mobile app, integrated load board, discounts on fuel and year-round work opportunities. Best for: Fifth-wheel drivers. Special features: Fuel discounts up to 60 cents per gallon; Low-rate insurance partners ; Delivers anywhere in the U.S. 100% employee-owned company; Benefits: …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. Instagram:https://instagram. nasdaq aplsanguard federal money market fundlow cost options brokervti stokc Nov 5, 2023 · The air freight forwarding industry is responsible for making sure shipments from one country to another are fully completed. They handle everything from storage and inventory management, to customs clearance, international export, import documentation, and more. Because of their expertise in international shipping, air freight forwarders also ... 9 min. Millions of FedEx Corp. stakeholders are still digesting the Thursday night’s calamitous announcement of a massive quarterly income shortfall at its largest unit and the withdrawal of financial guidance for the rest of its fiscal year a bit more than a quarter of the way through it. The question is whether the news signals a larger ... webull buyingvoo composition 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 ... Quicklook: Best Freight Brokerage Companies. Best For Hard-To-Book Freight: GP Transco. Best For Large, Frequent Shipments: C.H. Robinson Worldwide. Best For Fresh, Affordable Supply Chain Solutions: Coyote Logistics. Best For Modern Cargo With Detailed Freights: XPO Logistics. Best For Small- To Medium-Sized Businesses: …Web barrons advisor New Wave Holdings News: This is the News-site for the company New Wave Holdings on Markets Insider Indices Commodities Currencies StocksNov 16, 2022 · Get 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 data and actionable intelligence.