Freightwave.

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 …He can be reached for comments and tips at [email protected]. The White House recently publicized Flexport for facilitating purchases of sustainable …FreightWaves - Online platform offering logistics-related news. Raised a total funding of $92.4M over 6 rounds from 23 investors. Founded by Craig Fuller in ...This special FreightWaves subscription service offers unparalleled deep research, analysis and insight on trends and conditions in the freight market. Passport clients have the best holistic transportation research available, based on high frequency datasets and deep networks in the freight industry. Passport provides the most up-to-date ...FreightWaves - Online platform offering logistics-related news. Raised a total funding of $92.4M over 6 rounds from 23 investors. Founded by Craig Fuller in ...

U.S. imports over the first nine months of 2023 were 2.5% higher than in the same period in 2019, pre-COVID, according to Descartes’ data. They were up 4.6% compared to the same period in 2018 and 11.4% versus January-September 2017. This September’s imports significantly exceeded pre-pandemic levels: up 8% from the same …Web

Truckload capacity correction will last deep into 2023. Zach Strickland, FW Market Expert & Market Analyst. · Sunday, February 26, 2023. The Contract Load Accepted Volume Index (CLAV), which measures accepted truckload tender volumes, is 25% lower than the peak values in 2021. (Photo: Jim Allen/FreightWaves)

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 …Shipping schedules in South China are being impacted by irregular feeder vessels and large barge services, creating delays for transoceanic vessels at the ports of Hong Kong and Yantian, according to a situational update from supply chain data platform project44. Both ports have been coping with disruptive COVID restrictions for months.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 ...4 things you should know about No. 1 project44. McCandless. 1. Jett McCandless, the founder and CEO of project44, also founded another one of this year’s FreightTech 25 companies — No. 25 CarrierDirect. That’s the first time in the four-year history of FreightTech 25 that has happened. 2.FreightWaves SONAR’S Outbound Tender Volume Index helps users identify freight volumes that are shipping at national, regional, or market granularity. OTVI allows users to see where demand for trucks is increasing or decreasing. An increase in freight volumes denotes tightening capacity. A decrease in freight volumes denotes loosening capacity.

Yellow’s senior vice president of sales informed her staff on Wednesday that their last day would be Friday and the less-than-truckload carrier will file bankruptcy on Monday, according to three employees who attended the video call. Yellow ( NASDAQ: YELL) is the third-largest LTL company and employs some 30,000 workers, including around ...

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People aren’t buying as much beer as they used to, and it’s not a great indicator for the economy. U.S. beer shipment to wholesalers declined 14.1% in December 2022 compared to the year prior, according to a Wells Fargo note published on Jan. 27. Compared to 2020, shipping volume is down 19.4%. We saw the lowest volume since …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. Sep 26, 2022 · WATCH FWTV IN HD SONAR High-Frequency Supply Chain Data Trucking Financial Ocean Rail Get access to 200k+ high-frequency supply chain indexes News FreightWaves Pricing Power Index The minor fall and the major lift 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 ...People aren’t buying as much beer as they used to, and it’s not a great indicator for the economy. U.S. beer shipment to wholesalers declined 14.1% in December 2022 compared to the year prior, according to a Wells Fargo note published on Jan. 27. Compared to 2020, shipping volume is down 19.4%. We saw the lowest volume since …Rankings. FedEx ranks number 1 on the 2023 FreightWaves Top 500 For-Hire Carrier list.4 things you should know about No. 1 project44. McCandless. 1. Jett McCandless, the founder and CEO of project44, also founded another one of this year’s FreightTech 25 companies — No. 25 CarrierDirect. That’s the first time in the four-year history of FreightTech 25 that has happened. 2.

A perfect storm is brewing that will push any notable activity on the ocean to the second half of 2023 at the earliest. For one, the Lunar New Year will have an outsized effect on Asia’s manufacturing activity in 2023, possibly taking factories offline for four to five weeks instead of the usual two-week slowdown.But the strongest performances in April took place at ports on the Gulf and East coasts. The Port of Long Beach last month moved 820,718 twenty-foot equivalent units, up 10% from the previous record set in April 2021. Imports increased 9.2% year-over-year to 400,803 TEUs, while exports dipped 1.8% to 121,876 TEUs.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 ... 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.Since FreightWaves provides news and information that focuses on supply chains, their unique perspective saw early indicators of COVID-19's impact at the very ...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 ... 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 ...Web

Supply chain data startup FreightWaves has raised $16 million in a new round of funding for its sustainability platform, the company said Wednesday. Subscribe to the Crunchbase Daily. Logistics and supply chain information help companies navigate the complexities of shipping and delivering products, and FreightWaves provides market …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.

Get Access to Single Source of Truth. FreightWaves TRAC provides the fastest and newest view of spot rates in the U.S. inside the SONAR Market Dashboard application. Combined with its database of millions of data …Leverage the flexible plug-in power of configurable supply chain data from SONAR via API. No toggling between screens to harness the power of data from over $100B in freight spend, refreshed daily. Gain hours in efficiency with data on demand. Easily compare market data to your internal data. Deliver market data across your organization.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 major uprising for American workers.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 ...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 …WebFreightWaves 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. As one of the industry's largest neutral ...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 […]WebAug 8, 2023 · 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 ... A New Realm of Performance and Operations Management. FreightWaves Supply Chain Intelligence is the tool your business needs to create the optimal logistics framework. SONAR customers that leverage SCI reduce transportation costs by 4-10% and increase compliance with confidence through the industry’s most advanced benchmarking tool.

Since FreightWaves provides news and information that focuses on supply chains, their unique perspective saw early indicators of COVID-19's impact at the very ...

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.

FreightWaves provides thought leadership and editorial content focused on the Global Supply Chain. At the core of each article or content piece is a …Nov 15, 2023 · FreightWaves Staff Tuesday, November 21, 2023 Could J.B. Hunt, BNSF alliance on Quantum change next decade in freight? J.B. Hunt and BNSF Railway are heralding a new era in freight transport with an intermodal partnership called Quantum. With it, they hope to add enough value to win market share from truckload freight. Read More » 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 …WebCHATTANOOGA, Tenn. — Despite one of the most unprecedented downfalls in transportation and logistics history, Convoy Inc.’s ultimate legacy is that it shook up the freight industry by bringing technology innovation and investments into the space. Seattle-based startup digital freight broker Convoy announced it was shutting down operations ...WebAlaska Airlines will inherit a cargo business for Amazon as part of its acquisition of Hawaiian Airlines. https://bit.ly/3R5eVIPInformation on valuation, funding, acquisitions, investors, and executives for FreightWaves. Use the PitchBook Platform to explore the full profile.Sep 18, 2023 · 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 ... Nov 21, 2023 · 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. 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.

Container imports bound for the U.S. have dropped over 36% since May 24. (This index measures departing container volumes at the port of origin). This is a troubling sign for domestic U.S. freight markets that have been benefiting from an unprecedented surge of containerized import volumes over the last 18 months.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...FreightWaves SONAR provides transparency to simplify decision making across transportation teams. Now, SONAR has added features, which went live Thursday, designed to increase pricing efficiency and strategy effectiveness for transportation teams everywhere. Users of Market Dashboard and Market Dashboard+ can now unlock the …Mar 11, 2022 · 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 within your business. Instagram:https://instagram. what is moneylion instacashcart stock pricejaxxon gold chain reviewsorder covid test from government 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 …Web value of a 1921 silver dollar coinrigh Parcel delivery is a cost-effective, efficient, and fast option for businesses shipping items up to 150 pounds. And, unlike freight shipping, packages are delivered directly to a residential or business address. Check back here for the latest parcel freight industry news. Mark Solomon Wednesday, November 15, 2023.FreightWaves TV. @FreightWavesTV. Bringing you the latest news and information on freight transportation. Chattanooga, Tenneessee tv.freightwaves.com Joined May 2019. 101 Following. 2,719 Followers. target roku 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...But the strongest performances in April took place at ports on the Gulf and East coasts. The Port of Long Beach last month moved 820,718 twenty-foot equivalent units, up 10% from the previous record set in April 2021. Imports increased 9.2% year-over-year to 400,803 TEUs, while exports dipped 1.8% to 121,876 TEUs.