Feightwaves.

24 Nov 2023 ... F3 FreightWaves Sonar. 62 views · 8 days ago #logistics #trucking #news ...more. FreightWaves. 26.1K. Subscribe. 26.1K subscribers.Sources told FreightWaves that the attack brought down the company’s operations system — something Marten disputes. Regardless of what befell Marten, the incident marked the single largest publicly known cyberattack on a major carrier in 2021. Ransomware attacks can cripple operations at trucking and logistics companies by …He can be reached for comments and tips at [email protected]. The White House recently publicized Flexport for facilitating purchases of sustainable aviation fuel because of the California connection to Asia-Pacific trade and sustainability, although the program isn’t particularly novel.Borderlands: US mulls terminating tomato trade agreement with Mexico. Mexico exported almost $3 billion worth of tomatoes to the U.S. in 2022, mainly through customs districts in Texas and Arizona. (Photo: Jim Allen/FreightWaves) Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border …Pilots who sign on with PSA will fly Bombardier CRJ700 and CRJ900 aircraft with about 65-70 seats, and earn a starting wage of $150-$217 per hour, depending on seniority, according to the PSA recruiting page. PSA’s website says pilots can move up to American Airlines in five years. It’s not clear if FedEx pilots will be on an expedited track.

ArcBest’s ( NASDAQ: ARCB) shares jumped 16% on its third-quarter report . Yellow’s trailers parked along a fence at a shuttered Houston terminal. (Photo: Jim Allen/FreightWaves) The company’s asset-based segment, which includes LTL carrier ABF Freight, saw shipments decline 2.7% from the second quarter.

Air Canada remains committed to growing its startup freighter division despite canceling an order with Boeing last month for two 777 freighters, said CEO Michael Rousseau on Monday. Air Canada (TO: AC) reported a 24% drop in third-quarter cargo revenue compared to the same period last year, to $155.5 million (CA$215 million), due …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 ...

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 ... Drivers for Sunset Logistics were inspected 184 times and six were placed out of service, resulting in a 3.3% out-of-service rate. The national average is nearly 7%. The company’s insurance is slated to be canceled Nov. 4, according to FMCSA’s data. Over the past 24 months, its trucks have been involved in three injury crashes and 15 towaways.Dec 3, 2023 · GlobalX Airlines defies cargo trend with fleet strategy. Global Crossing Airlines, a 2-year-old hybrid carrier that provides supplemental airlift to customers that rent the entire plane, is taking a long-term view toward cargo expansion at a time when freight demand is very soft. American Shipper. Air Cargo. Eric Kulisch Wednesday, November 15 ... SONAR: FreightWaves TRAC rate from Los Angeles to Dallas. To learn more about FreightWaves TRAC, click here. The FreightWaves TRAC spot rate from Los Angeles to Dallas, arguably one of the densest freight lanes in the country, is loosing its grip over prior gains. Over the past week, the TRAC rate fell 3 cents per mile w/w to $2.50.4 min. WASHINGTON — The Biden administration has finalized a rule requiring each state to track and monitor greenhouse gas emissions from vehicles despite opposition from some states and road and bridge builders. The new rule, which generated close to 40,000 comments after it was formally proposed in a notice of proposed …

FreightWaves LIVE Chicago is the premier freight conference of the year, featuring quick-fire demos of the latest technologies, keynote presentations from top-ranked speakers, and visionary fireside chats designed to keep attendees on the cusp of the latest trends and factors impacting the freight industry as we head into 2020. This premiere event will …

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.

Crews can load a truck with 400 to 450 bee hives in 20 minutes to an hour. Since each hive houses a colony of about 50,000 commercial honeybees, a driver could move more than 22 million bees on a single truck. That is a valuable load, so truck drivers strive to avoid issues and loss of bee life on the journey.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.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... files.freightwaves.comU.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.In partnership, Talon Logistics and FreightWaves conducted a survey focusing on North American supply chains across diverse industries. This survey revealed an intricate web of preferences, satisfaction levels and emerging concerns that should guide both shippers and logistics providers in strategic decision-making through 2024.

New York — The RailTrends conference for 2023, last week’s gathering of many of the industry’s operating executives as well as those who finance, analyze or try to sell goods and services to the sector, had a cautiously optimistic tone that rail may soon be able to start to snag some market share from the trucking industry. It’s not a meeting at …UPS (NYSE: UPS) has 3,300 pilots who are represented by the Independent Pilots Association (IPA), a separate union from the Teamsters. “If the Teamsters are on strike, we will honor that strike and we will not fly,” IPA spokesman Brian Gaudet told FreightWaves. UPS pilots are allowed under their collective bargaining agreement to …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 ... FreightWaves was created at a time when freight brokerages morphed from a small part of the industry to a dominant force. FreightWaves owes a lot of our success to this reality. But much of the brokerage industry’s growth has been fueled by financing structures, such as venture capital (VC) and asset-based lines of credit.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 hundreds of years of experience – contributed to the content in FreightWaves Academy. The mission of FreightWaves Academy is to impart this wealth of knowledge, and to ...Jul 31, 2023 · Less-than-truckload carrier Yellow Corp. closes after 99 years in business. (Photo: Jim Allen/FreightWaves) 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 ...

UPS (NYSE: UPS) has 3,300 pilots who are represented by the Independent Pilots Association (IPA), a separate union from the Teamsters. “If the Teamsters are on strike, we will honor that strike and we will not fly,” IPA spokesman Brian Gaudet told FreightWaves. UPS pilots are allowed under their collective bargaining agreement to …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).

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 ... Historical delivery data from Clarksons shows that annual fleet growth averaged 970,000 TEUs in 2001-20. Deliveries in 2023-24 will be 2.6 times higher than that average. The previous single-year record for annual growth was 1.7 million TEUs in 2014, according to Clarksons data, well below what’s to come.Central Freight Lines is the largest trucking company to close since Celadon ceased operations in 2019. Waco, Texas-based Central Freight Lines has notified drivers, employees and customers that the less-than-truckload carrier plans to wind down operations on Monday after 96 years, the company’s president told FreightWaves on Saturday. 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. KSM Carrier Group. KSM, one of the top lease purchase trucking companies, has lease purchase programs that focus on empowering people who want to start their own business but lack the …FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our …Oct 28, 2023 · Freight boom is not without downsides for carriers. One of the results of the 2017-18 freight market boom was an increase in the cost of operating that held over into a slower 2019 when capacity became abundant. Costs are on the rise once again as carriers struggle to find drivers to capture market share. Read More ». In partnership, Talon Logistics and FreightWaves conducted a survey focusing on North American supply chains across diverse industries. This survey revealed an intricate web of preferences, satisfaction levels and emerging concerns that should guide both shippers and logistics providers in strategic decision-making through 2024.

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2018 was a good year for trucking, but with so much capacity added over the past five years, a reset to those levels is not cause for celebration. According to the Federal Motor Carrier Safety Administration, the number of trucks in the for-hire market is up 29% since early 2018. It will take time to bleed off excess capacity.

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…UPS (NYSE: UPS) has 3,300 pilots who are represented by the Independent Pilots Association (IPA), a separate union from the Teamsters. “If the Teamsters are on strike, we will honor that strike and we will not fly,” IPA spokesman Brian Gaudet told FreightWaves. UPS pilots are allowed under their collective bargaining agreement to …Volvo Trucks North America will show its SuperTruck 2 concept at the American Trucking Association's convention in Austin, Texas from Oct. 14-17. (Photo: Volvo Trucks North America) Volvo Trucks North America (VTNA) appears to have adopted a European rigid chassis design for its SuperTruck 2 design exercise in improved freight …6 min. The bankruptcy estate of former retail giant Bed Bath & Beyond (BBBY) continues its relentless pursuit of shipping lines for alleged damages suffered during the supply chain crisis. It has already filed $31.7 million in claims against Hong Kong shipping line OOCL and $7.7 million in claims against Taiwan’s Yang Ming.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.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.Central Freight Lines is the largest trucking company to close since Celadon ceased operations in 2019. Waco, Texas-based Central Freight Lines has notified drivers, employees and customers that the less-than-truckload carrier plans to wind down operations on Monday after 96 years, the company’s president told FreightWaves on Saturday.

FreightWaves SONAR Outbound Tender Rejection Index (OTRI) is an anonymized measurement of mid-sized to large truckload carriers’ willingness to accept the loads that are offered (or “tendered”) by shippers. OTRI is an indicator of capacity availability in contracted surface freight markets. It is expressed as a percentage of loads ...SONAR’s van contract rate index, which is derived as the national average contract rate from over $40 billion of actual contracted loads between shippers and carriers, is currently at $2.74/mile, down from a high of $2.98/mile set on June 3, 2022. The drop of $0.24/mile represents a 9% drop in two months — and reverses all of the contracted ...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.Instagram:https://instagram. the motley fool newslettermegacenter self storage and office suiteslearn to trade optionsotcmkts cbdd 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.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. where can i sell my damaged iphoneshort term health plans florida FreightWaves’ SONAR Outbound Tender Volume Index (OTVI) is a measurement of electronic ofers (aka “tenders”) from shippers (i.e. manufacturers, big boxOct 18, 2023 · Although the market was filled with rumors of bankruptcy at Convoy Wednesday morning — not surprising when all loads are summarily canceled — there has been no bankruptcy filing by Convoy, according to a check of public records by FreightWaves. In April 2022, Convoy was valued at $3.8 billion after an investment of $260 million in a Series ... hcti news UPS Airlines (NYSE: UPS) flights to Israel are still suspended, spokeswoman Michelle Polk said. “UPS is closely monitoring the situation and we have temporarily suspended operations in Israel including all inbound and outbound flights until further notice,” the Atlanta-based logistics integrator said in an online service bulletin.FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our customers to benchmark, analyze, monitor and forecast the global physical economy.