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3 min. Brad Jacobs has chosen the vessel for his next act. The man who put together the XPO freight conglomerate and then sold it off in pieces to leave behind the …FreightWaves. It’s all hydrogen: CERAWeek focuses on potential fuel of the future. 7 min. HOUSTON — As the topic of hydrogen came up yet again during one of the larger sessions on the first day of CERAWeek, a panelist quipped that the conference perhaps should be renamed Hydrogen Week. And if the energy transition ever makes it to heavy ...Get the latest breaking news and stay on top of the stories that matter most. CLICK HERE FOR FULL EXPERIENCE Available on your favorite devices LEARNSep 9, 2023 · 4 min. Nikola Corp. is asking dealers and customers to return battery-electric trucks under recall for possible battery fires to its Coolidge, Arizona plant despite the company still working on a fix. “We’re bringing them back to Coolidge for repairs to be made instead of in the field,” spokesman Dan Passe told FreightWaves in an email ... Feb 18, 2020 · Here’s a look at some of the top logistics trends impacting supply chain management, shipping, compliance and more. 1. New emissions standards for maritime shipping. January 1, 2020, marked the beginning of the first calendar year in which new maritime regulations for sulfur dioxide (SOx) will be in full effect.

27 thg 3, 2023 ... Eric Kulisch, an author at reporting agency FrieghtWaves, was told FedEx is offering to relocate the technicians to Indianapolis. Kulisch ...Flexport announced Wednesday that it has acquired Convoy’s technology stack. FreightWaves reported on Friday that the two freight startups were in talks for Flexport, a venture-funded freight forwarder, to acquire Convoy, a freight brokerage that shut down on Oct. 19. “Flexport’s strategy will be to offer a full range of trucking services to …

TQL posted revenues of around $3.6 billion in 2019. As of 2016, Oaks was listed as Cincinnati’s wealthiest person, with a net worth estimated at $980 million, according to Forbes. Attorneys representing former TQL employees and a rival logistics firm claim in a filing in a noncompete case that TQL is the “bully on the block,” filing ...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 ...

Bankrupt Bed Bath & Beyond files $100M+ mega-claim against MSC. MSC, the world’s largest shipping line, faces the largest-ever shipper claim for alleged …Data: FreightWaves calculations based on ACP FY 2022 and FY 2023 transit data) That historical container-ship average is right at the Feb. 1 limit for total Neopanamax reservation slots (for all ship types) — and it’s just an average, meaning that on many days over the past two fiscal years, there were more than five container ship transits ...Oct 1, 2021 · As FreightWaves wrote in August, reciprocal switching occurs when a shipper has access to one freight railroad but wants access to a nearby competing freight railroad in order to cultivate a competitive pricing environment. A shipper can get that access at an interchange between the two railroads. Shippers contend that reciprocal switching ... 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 ...

5 min. Yellow Corp. expects to reduce the number of terminals in its network from 316 to 300 by year-end as the less-than-truckload carrier looks to further cut costs, company executives told analysts. Speaking after Yellow reported first quarter financial results Tuesday, chief operating officer Darrel Harris said the terminal reduction would ...

FreightWaves LIVE. 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 ».

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 …FreightWaves is the most trusted provider of global supply chain market intelligence. FreightWaves. 71,550 likes · 1,550 talking about this · 65 were here. FreightWaves is the most trusted provider of global supply chain market intelligence.Those executives told FreightWaves the company was struggling to meet payroll even after the sale to a private equity company. New England Motor Freight’s shutdown in February shook the Northeast LTL market. With roots going back 100 years, the nation’s 19th-largest LTL carrier with more than 1,300 drivers had struggled financially for …In August 1997, the Teamsters walked off the job across UPS Inc.’s nationwide ground system. With an all-Teamsters labor force and no plans to call in replacement workers to deliver goods, UPS shuttered its massive ground network rather than risk permanently damaging its reputation with customers. The strike lasted 15 days, sending an ...Oct 15, 2023 · FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank.

The root cause is the extraordinary government stimulus that has stimulated demand. DOT wants supply chain disruption data, including information on container and chassis shortages. (Photo: Jim Allen/FreightWaves) As the money flowed from the government, it ended up in the hands of consumers and businesses that spent it.Meet the Investors • Meet the Board of Advisors • Meet the Editorial Team. The FreightWaves executive team has over 75 years of freight experience, founded or …2022 Top 500 For-Hire Carriers. Download and share our press release template and Top 500 badges (in color and black & white).5 min. Truckload carriers and 3PLs have seen little change in demand halfway through the fourth quarter, and some are pointing deeper into 2024 before the market corrects. The comments came from heads of some of the largest publicly traded TL providers at Stephens 25th Annual Investment Conference in Nashville, Tennessee, on …Carrier’s tonnage should inflect positively soon. Old Dominion reported a 6% increase in shipments from July to August. (Photo: Jim Allen/FreightWaves) Operating metrics for less-than-truckload carrier Old Dominion Freight Line saw a sharp inflection in August when compared to July. The company attributed the change to the shutdown of Yellow ...Trucking company 10 Roads Express has laid off 66 workers at its facility in Fort Worth, Texas, citing the cancellation of postal contracts. The layoffs, which occurred Oct. 16, affected 55 truck drivers, four dispatchers and seven mechanics, according to a recent filing with the Texas Workforce Commission. “The company gave affected ...

It is hosted by Joe Lynch, who talks with logistics and supply chain leaders about innovation, industry trends and the future of the logistics business. On a recent episode, Lynch spoke with Adam Robinson, Vice President of SONAR Marketing at FreightWaves. Request a SONAR Demo. Lynch said, “When Adam worked at Cerasis, I worked at a 3PL and ... FreightWaves SONAR is the world’s first high-frequency market intelligence platform, offering a technical analysis dashboard and API suite that empowers clients with access to freight market developments, often weeks or months before competitors. The creation of SONAR was the brainchild of Craig Fuller, the founder of FreightWaves and the ...

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 on an Apple TV, …Frieghtwaves Dude! Where's my trailer? Outrider can find it. April 27, 2023. Dude! Where's my trailer? Outrider can find it. Startup adds inventory tracking to ...Bankrupt Bed Bath & Beyond files $100M+ mega-claim against MSC. MSC, the world’s largest shipping line, faces the largest-ever shipper claim for alleged …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.2/23/23 11:00 am. There were plenty of pandemic days when fear of diesel shortages and outright unavailability gripped the trucking market. Gary Bevers, long-time consultant to the fuel distribution supply chain, speaks …Here are nine of the highest-paying jobs in trucking you may consider. 1. Ice road trucking. Ice road truckers can earn between $30,000 and $40,000 in just three months, making them some of the highest-paid drivers there are. However, this impressive salary comes at a cost. Ice road trucking can be a dangerous job.FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. He also is a trucking industry veteran, …5 min. The seemingly perpetual marketwide truck driver shortage is not real, nor is it marketwide. While specific fleets can and do have driver shortages — i.e., unseated trucks — the trucking market quickly corrects. There also are periods of capacity shortages, but those get addressed very quickly by the market.

2022 Top 500 For-Hire Carriers. Download and share our press release template and Top 500 badges (in color and black & white).

John Gallagher. · Tuesday, May 24, 2022. A line of trucks struck in traffic on a highway. (Photo: Jim Allen/FreightWaves) Legislation aimed at ensuring overtime pay for truckers is getting close scrutiny from a major shipper group that plans to fight hard against it if the bill starts to gain steam. The Guaranteeing Overtime for Truckers Act ...

Flexport announced Wednesday that it has acquired Convoy’s technology stack. FreightWaves reported on Friday that the two freight startups were in talks for Flexport, a venture-funded freight forwarder, to acquire Convoy, a freight brokerage that shut down on Oct. 19. “Flexport’s strategy will be to offer a full range of trucking services to …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 …8 min. Teamsters brass said Monday that less-than-truckload carrier Yellow Corp. has informed them it will be out of money by August if a proposed change of operations isn’t approved. The union, however, says the company has been mismanaged for years and vows to not bail Yellow out again. “Yellow has been unable to effectively manage itself ...Flexport announced Wednesday that it has acquired Convoy’s technology stack. FreightWaves reported on Friday that the two freight startups were in talks for Flexport, a venture-funded freight forwarder, to acquire Convoy, a freight brokerage that shut down on Oct. 19. “Flexport’s strategy will be to offer a full range of trucking services to …Jul 10, 2023 · As part of the waiver agreement, the lenders will require Yellow (NASDAQ: YELL) to provide its lenders with regular reports on the state of its finances. Beginning Wednesday, Yellow will be required to provide the lenders with a weekly “liquidity report.”. In that report will be the total amount of liquidity at Yellow, including ... 5 min. Alaska Air will take over cargo transportation for e-commerce giant Amazon when it concludes a deal announced Sunday to acquire Hawaiian Airlines in a stock-and-debt transaction worth $1.9 billion. Whether the Amazon transportation services agreement is eventually modified is unclear, but Alaska’s CEO said it could spur further ...Major U.S. and European airlines ranging from Air Canada to United Airlines, Air France-KLM and Lufthansa Group reported revenue declines of 25% to 40% for cargo during the three-month period, with the Lufthansa Cargo freighter unit barely breaking even. Korean Air’s cargo revenue fell 51%. Logistics behemoth Kuehne+Nagel said revenue for ...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 emailNov 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. Dec 9, 2022 · Electric trucks cost two or three times a new diesel’s price tag of $125,000 to $150,000. The overall cost falls later through less maintenance and part replacements. Federal and state incentives dramatically reduce the up-front outlay, but then there’s the question of charging. 5 min. Truckload carriers and 3PLs have seen little change in demand halfway through the fourth quarter, and some are pointing deeper into 2024 before the market corrects. The comments came from heads of some of the largest publicly traded TL providers at Stephens 25th Annual Investment Conference in Nashville, Tennessee, on …

FedEx, being a global leader in logistics and as a company known for its eagerness to innovate and stay ahead of the curve, has joined Blockchain in Transport Alliance (BiTA). FedEx has its reasons to keep a tab on technologies that can usher greater transparency and data security to logistics processes. The company comes into the …More news of bankruptcies came from the logistics sector, a further indication that this bloodletting cycle will be death by a thousand cuts. A 12-year-old brokerage in Fort Worth, Texas, SEL Supply Chain Solutions struggled to overcome a failure cascade that started with the theft of a $700,000 load earlier this year.27 thg 3, 2023 ... Eric Kulisch, an author at reporting agency FrieghtWaves, was told FedEx is offering to relocate the technicians to Indianapolis. Kulisch ...Instagram:https://instagram. geni incideanomics stocksstem stocksford motor company ex dividend date Big rigs are limited by federal regulation to a maximum loaded weight of 80,000 pounds including cargo, so the actual amount of cargo a big rig can carry really depends on the type and weight of the truck when empty. But generally speaking, cargo payloads for big rigs or 18-wheelers are as follows: Refrigerated trailers or reefers: … best tax software for freelancersbest program to trade stocks Mar 7, 2023 · FreightWaves. It’s all hydrogen: CERAWeek focuses on potential fuel of the future. 7 min. HOUSTON — As the topic of hydrogen came up yet again during one of the larger sessions on the first day of CERAWeek, a panelist quipped that the conference perhaps should be renamed Hydrogen Week. And if the energy transition ever makes it to heavy ... Sep 3, 2023 · FreightWaves is currently working with some two dozen shippers on freight rate indexing to help them prepare for a tighter 2024 bid season. All of the charts presented are available on SONAR, the high-frequency freight market intelligence platform empowering businesses in the supply chain. coindwsk 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. 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 ».