2024 Freightwave - 2 days ago · Common wisdom holds that the outdated and constrained electric grid cannot support the scaling of electric trucks.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 ...

 
SONAR offers users the newest, most up-to-date freight data, collected at the point of booking, to provide the clearest insight into the freight market. SONAR aggregates market information from numerous freight data sources including: SONAR equips users with actionable insights to make data-informed decisions despite market volatility, and ...Web. Freightwave

Dec 10, 2021 · FreightWaves SONAR. Friday, December 10, 2021 · 1:55 p.m. · Central Time (US & Canada) Note: This webinar is part of a multi-session recurring webinar: FreightWaves SONAR . SONAR’s proprietary data sources enable you to stay on top of demand and capacity across all modes of transportation in real-time as you monitor domestic and global ... NOVEMBER 1-3, 2022 ‍ Explore the future of freight technology, engage with industry leaders and attend discussions focused around all modes – trucking, air, ocean and rail. Experience sessions with experts and entrepreneurs, and dive deep into the near future of drones, autonomous and electric vehicles. While it’s technology that drives our future …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 ...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 ...WebNov 5, 2023 · Pennsylvania brokerage lays off nearly 65 employees, sources say. Approximately 65 employees for Pittsburgh-based Elite Transit Solutions were laid off via Microsoft Teams on Friday. This is the second round of job cuts the freight brokerage has experienced over the past month; about 20 employees were let go on Oct. 20 because of the “current ... Rankings. FedEx ranks number 1 on the 2023 FreightWaves Top 500 For-Hire Carrier list.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 ... Less-than-truckload carrier Yellow Corp. has filed for bankruptcy, putting an end to the 99-year-old trucking firm. In its Chapter 11 filing in a Delaware court Sunday, the company estimated assets of $2.15 billion and liabilities of $2.59 billion. It expects to enter a debtor-in-possession (DIP) financing agreement to provide liquidity to sell ...Feb 22, 2023 · Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will pick up in earnest next month, surge much higher in the second quarter, go higher still in the second half, even higher throughout 2024, and stay strong in 2025. “ The colossal orderbook is like a sword of Damocles hanging over ... It offers several tips for increasing the value of your services as you begin using a load board. In the meantime, to ensure you get the most out of any load board, there are two main points to remember. First, clear and concise communication with both broker and shipper is essential.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.Cargo revenue at public passenger airlines and logistics companies, which serves as a proxy for financial conditions at Amerijet, was down 30% to 50% through the third quarter versus the nine-month period a year ago. Many cargo airlines have hit the brakes on adding new or converted freighters and reduced flight activity to manage costs.F3: Future of Freight Festival | Nov. 7-9, 2023. Join us in Chattanooga, TN for a festival like no other!Chattanooga, TN, Sept. 13, 2022 (GLOBE NEWSWIRE) -- CHATTANOOGA, Tenn. and NEW YORK, New York—September 13, 2022— FreightWaves and MerQube today announced the launch of the MerQube ...The siloed nature of the freight industry leads to confusion and speculation, two factors that worsen rate variability, according to Hamlin. “Shippers and their carriers or brokers are only conversing about one lane or one region at a time,” she said. “This transactional market today just really enhances this fragmentation in silos and ...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 ... 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.Not since the initial 2020 COVID-19 outbreak in Wuhan have lockdowns been this extensive in China. “It’s probably worse than Wuhan,” said Jon Monroe, an ocean shipping and supply chain expert who runs a consulting firm. “You’re going to have a lot of pent-up orders. It’s going to be an overwhelming movement of goods” that will ...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 …WebCompany pledges to get deal done by Wednesday, union says. 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 ...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 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 ...WebJun 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 is a member of Vimeo, the home for high quality videos and the people who love them.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 ...WebJ. 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 ...The 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.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 …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 ... 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. FreightWaves SONAR | 4,940 followers on LinkedIn. Know more, faster. SONAR delivers data and analysis you can trust across the entire freight market -- in real time. | With freight markets ...Flock Freight confirmed to FreightWaves that in all, it had “parted ways” with 45 employees — or about 8% of its workforce — on April 10. “It felt like a gut punch because we weren’t given any reason why we were being let go,” said one former employee. “A lot of us are angry, but I think the majority of us are just really sad.”.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 ...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 ...Web2022 Top 500 For-Hire Carriers. Download and share our press release template and Top 500 badges (in color and black & white). 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.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 below and registering now.WebFreightWaves is shaking up the industry once again with an all new freight experience. We’re bringing together the greatest minds in the transportation, logistics and supply …Supply chain data startup FreightWaves has raised $16 million in a new round of funding for its sustainability platform, the company said Wednesday. Logistics and supply chain information help companies navigate the complexities of shipping and delivering products, and FreightWaves provides market insights, news and real-time data for companies ...During the week of Feb. 28, when the lockdown began, ships off Shanghai represented 16% of the total either waiting or at berths. The ratio is now up to 47%. At Ningbo, the ratio has risen from 49% to 71% over the same period. However, the congestion ratio was at these same levels both in July and September 2021.The FreightWaves (NTI), is a seven-day moving average of spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. NTI is calculated on a …The new features of FreightWavesTV include: New, fresh layout. 24/7 livestream. Program guide showing which shows are airing when. Specific event tab for all live events. Multi-channel streams. Informative graphics. Ability to add multiple profiles. Ability to set reminders for upcoming shows.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 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).FreightWaves provides news focused on economic and innovative technology drivers for the freight transportation ecosystem.Move up a gear with FleetWave. Use intelligent data to find out how your fleet works. Integrate almost any third-party app, so you can work smarter. And automate your …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 ...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. 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.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 …Some freight broker training class programs charge between $500 and $1,500 for classes that typically range from four weeks to several months. Other classes can cost up to $5,000 or more. Keep in mind there may be additional fees for textbooks, materials, and certification exams.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 event you don’t want to miss!WebJohn 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.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.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. The FreightWaves (NTI), is a seven-day moving average of spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. NTI is calculated on a …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 the economic impacts and outcomes ...FreightWaves has raised $91.5M over 8 rounds. FreightWaves's latest funding round was a Unattributed VC for $16M on May 19, 2021. FreightWaves's valuation in June 2018 was $46.61M. FreightWaves's 2020 revenue was $19M. FreightWaves's most recent revenue is from 2018. Sign up for a free demo to see revenue data from 2021, 2020, 2019, 2018 and …As one of the largest freight forwarders in the United States, UPS has been a leader in supply chain management solutions since being founded in 1907. UPS delivers more than 25 million packages per day and serves over 220 countries and territories. UPS has the reach you would expect of a leading freight forwarder. Best For: Managing …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 16, 2023 · The global shipping industry is constantly evolving, and the COVID-19 pandemic began a marked shift in how container shipping operates. Disruption caused by the pandemic has forced the industry to expand its capacity and reduce costs to remain profitable. At the peak of the pandemic, containers essentially stopped moving. 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 to less than truckload (LTL) shipping, where freight from multiple sources is mixed and transported in one truck or shipping container. Trucking industry regulations change ...2022 Top 500 For-Hire Carriers. Download and share our press release template and Top 500 badges (in color and black & white).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 ... Contact Us. If you need immediate support, please click here to submit Help Ticket or Chat with a Customer Service Representative. If you have a press release that you’d like to submit for editorial consideration, please email directly to [email protected]. If you have a privacy related issue, please email us directly at privacy ...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 ...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 ...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’ price, demand, and capacity data allow customers to benchmark, analyze, monitor, and forecast the global physical economy. Without logistics, the supply chains that keep ...Creating a blueprint for the future. Join us June 21-22, 2023, to learn first-hand how companies are digitally transforming the management of their supply chains. The greatest minds in the transportation, logistics and supply chain industries will share insights, predict future trends and showcase emerging technology the FreightWaves way–with ...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 ... 2 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.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.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.Alaska Airlines will inherit a cargo business for Amazon as part of its acquisition of Hawaiian Airlines. https://bit.ly/3R5eVIPFreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow ...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 to less than truckload (LTL) shipping, where freight from multiple sources is mixed and transported in one truck or shipping container. Trucking industry regulations change ...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 the economic impacts and outcomes ...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.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 ...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. Kristin Rakoczy, Marketing Director. As one of ...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)WebFreight 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.WebFreightwave

DECEMBER 3, 2020 // VIRTUAL EVENT. The SpaceWaves virtual event presented by FreightWaves on Dec. 3 will explore future supply chain possibilities in space and how they intersect with new commercial opportunities and advanced rocket technologies. FreightWaves just announced that the keynote speaker will be Mark Wiese, manager for …Web. Freightwave

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Congress will soon schedule a vote — as early as next week — on the Ocean Shipping Reform Act of 2022. With bipartisan support in both the House and Senate, the bill is likely to pass. The largest overhaul of shipping regulations since 1998, the legislation broadens the regulatory powers of the Federal Maritime Commission with the goal of ...FreightTech Awards. The FreightTech Awards: Top Innovators as Voted by the Industry honor innovation and disruption within the industry. Nominations are narrowed down to the FreightTech 100 which is then voted on by a hand-picked peer group of CEOs, industry leaders and investors actively investing in freight to select the FreightTech 25.WebFreightWaves 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.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 ...Cargo revenue at public passenger airlines and logistics companies, which serves as a proxy for financial conditions at Amerijet, was down 30% to 50% through the third quarter versus the nine-month period a year ago. Many cargo airlines have hit the brakes on adding new or converted freighters and reduced flight activity to manage costs.Ports like Savannah, Georgia, a feeder for Atlanta market freight demand, exploded. Many thought much of this volume would stick, but that has somewhat faded. Savannah currently represents approximately 7.44% of domestic maritime import shipments, down from its peak value of 7.9% in 2022 and up slightly from 2019’s 7.3%.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.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. The chart is measuring the market in weeks; green is expansion, red is contraction. As capacity continues to correct, the freight rate cycle will begin to move at a faster pace (perhaps later this year; more likely late in the first quarter of 2024). Rates will move higher. Generally speaking, this helps carriers and is detrimental to shippers.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 SONAR | 4,940 followers on LinkedIn. Know more, faster. SONAR delivers data and analysis you can trust across the entire freight market -- in real time. | With freight markets ...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 ...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 ...WebJun 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 ... Contact Us. If you need immediate support, please click here to submit Help Ticket or Chat with a Customer Service Representative. If you have a press release that you’d like to submit for editorial consideration, please email directly to [email protected]. If you have a privacy related issue, please email us directly at privacy ...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 …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 ...FreightWaves SONAR. Friday, December 10, 2021 · 1:55 p.m. · Central Time (US & Canada) Note: This webinar is part of a multi-session recurring webinar: FreightWaves SONAR . SONAR’s proprietary data sources enable you to stay on top of demand and capacity across all modes of transportation in real-time as you monitor domestic and global ...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 to less than truckload (LTL) shipping, where freight from multiple sources is mixed and transported in one truck or shipping container. Trucking industry regulations change ...The global shipping industry is constantly evolving, and the COVID-19 pandemic began a marked shift in how container shipping operates. Disruption caused by the pandemic has forced the industry to expand its capacity and reduce costs to remain profitable. At the peak of the pandemic, containers essentially stopped moving.18 Sept 2023 ... FreightWaves has unveiled its 2024 FreightTech 100 list, spotlighting tech-forward companies that have best navigated a turbulent year.S.F. Holdings, the largest courier, expedited shipping and e-commerce operator in China — and the primary delivery provider for online shopping giants Alibaba Group and JD.com — on Wednesday announced plans to acquire a 51.5% stake in Hong Kong-based Kerry Logistics for HK$17.5 billion ($2.3 billion).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 ...WebDec 16, 2022 · 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. Dec 3, 2023 · The FreightWaves (NTI), is a seven-day moving average of spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. NTI is calculated on a composite national aggregated level of the Rate Per Mile for fully enclosed, non-refrigerated, 48- or 53-foot trailers moved by Class 8 tractors. The index is based on eligible spot ... 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 ... Some freight brokers earn a base salary plus commissions and others are paid on commission only. According to FreightWaves 2019 freight brokerage compensation survey, the median entry-level salary for a freight broker is $40,000 per year with an average commission of 13% to 15% of gross margin on loads. Source: FreightWaves …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 ... FreightWaves SONAR. Friday, December 10, 2021 · 1:55 p.m. · Central Time (US & Canada) Note: This webinar is part of a multi-session recurring webinar: FreightWaves SONAR . About This Webinar. SONAR’s proprietary data sources enable you to stay on top of demand and capacity across all modes of transportation in real-time as …Web1 day ago · Ports like Savannah, Georgia, a feeder for Atlanta market freight demand, exploded. Many thought much of this volume would stick, but that has somewhat faded. Savannah currently represents approximately 7.44% of domestic maritime import shipments, down from its peak value of 7.9% in 2022 and up slightly from 2019’s 7.3%. Railroads are skeptical of EPA's emissions reporting proposal. (Photo: Jim Allen/FreightWaves) WASHINGTON — A Biden administration proposal to change how …Some freight broker training class programs charge between $500 and $1,500 for classes that typically range from four weeks to several months. Other classes can cost up to $5,000 or more. Keep in mind there may be additional fees for textbooks, materials, and certification exams.FedEx begins 50-day countdown to its first day of flight. (Photo: Jim Allen/FreightWaves) FedEx will increasingly rely on outsourced air transport for growth as it pursues an aggressive cost-cutting strategy to resize its delivery network in line with deteriorating market conditions and a structural rebalance in e-commerce sales, executives said.Contact Us. If you need immediate support, please click here to submit Help Ticket or Chat with a Customer Service Representative. If you have a press release that you’d like to submit for editorial consideration, please email directly to [email protected]. If you have a privacy related issue, please email us directly at privacy ... 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 ...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 ... Information on valuation, funding, acquisitions, investors, and executives for FreightWaves. Use the PitchBook Platform to explore the full profile.FreightWaves and SeatMyTrucks are excited to present the Carrier Summit on Recruiting, Retention, Regulation, Operational Efficiency and Maintenance. Expect to hear from trail-blazing trucking pioneers who have impacted the way we do business today and the way we will do it tomorrow. Get the latest updates on how truckload carriers are adapting ...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 ...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 ... 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.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.WebFreightWaves, the leading provider of freight market intelligence, and Decision Spot, a provider of strategic supply chain planning and design software, are pleased to announce a partnership to ...FreightWaves is shaking up the industry once again with an all new freight experience. We’re bringing together the greatest minds in the transportation, logistics and supply chain industries to share insights, predict future trends and showcase emerging technology at The Future of Supply Chain. This premiere event will include exclusive VIP experiences, …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.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 ...WebFreightWaves 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. Transparency19 will cover innovation and digitization trends across trucking, logistics, supply chain, blockchain, IoT, telematics and data. You’ll hear from expert speakers, watch live product demos from emerging and leading freight technology companies, and network with hundreds of your industry peers in a revolutionary format.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 is a member of Vimeo, the home for high quality videos and the people who love them.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 …WebDisputes 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 ...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 emailDec 10, 2021 · FreightWaves SONAR. Friday, December 10, 2021 · 1:55 p.m. · Central Time (US & Canada) Note: This webinar is part of a multi-session recurring webinar: FreightWaves SONAR . SONAR’s proprietary data sources enable you to stay on top of demand and capacity across all modes of transportation in real-time as you monitor domestic and global ... The proprietary algorithm that powers Lane Signal works within the new FreightWaves Scientific Rates Per Mile Indices as follows: FWS.USA – This is a national scientific van rate with a 28-day prediction that continuously changes based on the most recent day’s close tendered data. FWS7.USA – Comparison of historical predictions at 7 days ...Pennsylvania brokerage lays off nearly 65 employees, sources say. Approximately 65 employees for Pittsburgh-based Elite Transit Solutions were laid off via Microsoft Teams on Friday. This is the second round of job cuts the freight brokerage has experienced over the past month; about 20 employees were let go on Oct. 20 because of the “current ...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.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 ...The global shipping industry is constantly evolving, and the COVID-19 pandemic began a marked shift in how container shipping operates. Disruption caused by the pandemic has forced the industry to expand its capacity and reduce costs to remain profitable. At the peak of the pandemic, containers essentially stopped moving.. Best growth stock