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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).Nodal Exchange, in collaboration with FreightWaves, the leading provider of freight market news, data and analytics, and DAT, the largest spot freight ...The theme for November the freight market conditions and macroeconomic trends. All insights are provided by FreightWaves’ Craig Fuller, Founder and CEO, and Zach Strickland, Head of Freight Market Intelligence. The report’s key topics include: • How freight volumes are factors impacting the industry’s growth. • The evolving role of ...Instead of standing in front of the meme revolution, he has put a bounty out for creators to grab. He tweeted, “FreightWaves is going to launch the first-ever ‘Freight Creator Contest’ at F3 next year with over $100K in cash prices.”. X. Meme a little meme — While more details about the contest will be released soon, I’m happy to ...Here are five of the biggest U.S.-Mexico border drug busts this year. 1. Mexican police find $62M in drugs in abandoned truck near border. Mexican authorities found 25,000 pounds worth of narcotics hidden inside a tractor-trailer that was abandoned just south of the Mexican border on Dec. 6. The drugs found included 8,810 pounds of …

On Thursday FreightWaves presented the FreightTech 25 awards, which were chosen independently by a panel of CEOs, industry leaders, academics and investors who scored the companies. Chattanooga, Tennessee-based accounting and auditing firm HHM administered the vote. The awards recognize the most innovative and disruptive …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.

Spot rates fall back again. The global composite of Drewry’s World Container Index (WCI) fell 6% in the week ending Thursday versus the prior week, to $1,384 per forty-foot equivalent unit. The global composite has given back all of its gains since the beginning of Q4 and is now down 1% versus Oct. 1. Spot rate in USD per FEU.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 ...

Listen to this article. 4 min. F lock Freight , a technology startup that offers a shared truckload shipping solution, has raised $113.5 million in a Series C, the latest in a series of noteworthy funding rounds completed by maturing digital freight companies. Softbank led the round, with participation from existing investors SignalFire, GLP ...Freight brokers handle a large amount of the truck transport business in the United States. A freight broker company provides a link between a shipper who has goods to transport and a carrier who has trucks to move those goods. The company ...Nov 9, 2023 · FreightWaves CEO Craig Fuller presents the 2024 FreightTech 25 with Senior Meteorologist Kaylee Nix and HHM's Senior Accountant Becca Denison. (Photo: Jim Allen/FreightWaves) FreightWaves unveiled the winners of its 2024 FreightTech 25 awards on the final day of the F3: Future of Freight Festival. This sixth iteration of the award series was ... Nov 6, 2023 · Brokers and 3PLs began with a lower sentiment of 9.84 in Q4 2022, which dipped further in Q1 2023 to 6.97. Their sentiment saw a fluctuation, climbing to 9.39 in Q2 2023 and peaking at 12.55 in Q3 2023, indicating a resurgence of confidence, before descending again to 8.78 in Q4 2023. Then the news broke that one of the most iconic freight brokers to come out of the venture era of freight tech funding would fail on the same morning. Convoy was a victim of a violent commoditized industry that is facing one of its deepest recessions in decades and a sudden change in investor appetite from risk to unit economics.

Jan 17, 2023 · Consulting firm FTR Transportation Intelligence expects rail intermodal to face a tough year in 2023 amid weaker demand, a competitive truck market and a shift in U.S. port activity away from the West Coast to East and Gulf ports that utilize shorter inland hauls. All of the rail intermodal segments — domestic and international — “are ...

Freight railroads will keep moving but rulemakings could stall. Joanna Marsh. · Friday, September 29, 2023. Freight trains will keep running during a government shutdown although rulemakings would cease activity. (Photo: Jim Allen/FreightWaves) Listen to this article. 4 min. On the surface, a government shutdown — which can occur if Congress ...

The 2023 peak shipping season is shaping up to be radically different for each company. White House launches DOT Multimodal Freight Office The office, created by the Bipartisan Infrastructure Law, will develop a national multimodal freight network and advance freight logistics improvements. By Colin Campbell • Nov. 28, 2023FreightWaves. 71,550 likes · 1,550 talking about this · 65 were here. FreightWaves is the most trusted provider of global supply chain market intelligence.Nov 30, 2023 · 4 min. Fraud rates are on the rise, increasing significantly in 2022 and continuing to climb throughout 2023. In fact, the total annual impact of stolen freight came in at a shocking $223,096,368 last year, according to data from CargoNet. Reports of fraud skyrocketed last year, jumping 400% between 2021 and 2022. The air freight forwarding industry is responsible for making sure shipments from one country to another are fully completed. They handle everything from storage and inventory management, to customs clearance, international export, import documentation, and more. Because of their expertise in international shipping, air freight forwarders also ...Feb 22, 2023 · The naming ceremony of the 24,188-TEU OOCL Spain was held at China’s NACKS shipyard on Feb. 16. (Photo: OOCL) FreightWaves. ‘Colossal’ tidal wave of new container ships about to strike. 8 min. Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will pick up in earnest next month ...

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.Craig Fuller, Freightwaves founder and CEO, joins 'The Exchange' to discuss freight rejections hitting all time lows, challenges in the goods economy …Loaded and Rolling: Trucking turnover and retention debate rages on. FreightWaves’ Rachel Premack wrote an article on Wednesday outlining her experience attending a truck driver training conference in Corpus Christi, Texas, by the National Association of Publicly-Funded Truck Driving Schools (NAPFTDS). Premack sought to get more information ...Nov 1, 2023 · 4 min. 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 ... 8 min. The video is worth a thousand words: A tube of mascara arrives in a box that’s multiple times its size and swaddled in layers of packing material to protect what is hardly a fragile product. James Malley, co-founder and CEO of Paccurate.io, a New York-based company founded in 2020 to help businesses optimize their packaging to reduce ...Apr 25, 2023 · The indexes, which are derived from surveys of carriers, brokers and shippers, measure near-term and longer-term profitability, workforce and business investment sentiment. For the first time since we started tracking sentiment in Q4 2022, an overall score has fallen into the negative. FreightWaves SONAR: NTI.USA (white) and NTIF.USA (green).

Chattanooga, Tennessee, USA, May 09, 2022 (GLOBE NEWSWIRE) -- Today, FreightWaves, the Global Leader in Supply Chain Data and Analytics, announced …SONAR is the high-frequency freight market intelligence platform empowering businesses in the supply chain. SONAR provides users with exclusive, near real-time trucking, railroad, ocean, and air freight transportation data and actionable intelligence, as well as the ability to benchmark, analyze, monitor, and forecast your network against the ...

As October is about to roll into November, the State of Freight webinar with FreightWaves CEO Craig Fuller surveyed a market just hit by the stunning collapse of digital brokerage pioneer Convoy and data sets that aren’t showing much of an upturn in the outlook for carriers. Here are some of the highlights from this month’s session:driving value for our customers. SmartDrive always enjoys working with FreightWaves. The team is always very easy to work with and is a true partner with us on the content creation process. I appreciate the openness to new, creative ideas that capture our audience’s attention and the willingness to work with us to bring ideas to fruition.News. Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for …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 »Freight costs hit all-time high. The expenditures index reached an all-time high in June, jumping 8.3% from May on a seasonally adjusted comparison. The index measures the total amount spent on freight. Inferred rates, or expenditures divided by shipments, were up 11.7% in June, wiping out the 9.8% sequential decline seen in May.01 Sept 2023 ... NBC News•44K views · 53:10. Go to channel · Core Beliefs and Mindsets for ... #freightbroker #freight. Freight 360•1.2K views · 1:00:09. Go to ...... cargo. “We don't know yet if the third lockdown wave will extend the peak because people stay at home and shop more on Amazon and Zalando or if it will ...If you are expecting a package from FedEx, it is important to be able to track its progress and know exactly when it will arrive. With the convenience of online tracking, you can easily keep tabs on your shipment from the comfort of your ow...Market deflation — President Joe Biden tweeted on Monday that his economic plan has brought shipping rates to a 25-year low. That same day the new White House Council on Supply Chain Resilience met and released this facts sheet . As many of you readers are aware, we’ve been in an extended freight recession since the spring of ’22.

28 ต.ค. 2564 ... Grains, including wheat, are traditionally shipped using bulk carriers like Panamax, Handymax and Capesize vessels that contain large cargo ...

Jan 17, 2023 · Consulting firm FTR Transportation Intelligence expects rail intermodal to face a tough year in 2023 amid weaker demand, a competitive truck market and a shift in U.S. port activity away from the West Coast to East and Gulf ports that utilize shorter inland hauls. All of the rail intermodal segments — domestic and international — “are ...

5. 4.3K views 3 years ago #logistics #trucking #news. Head over to freightwaves.com for the latest news, or go to tv.freightwaves.com for all of our video …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 ...Capital expenditure in the air network isn’t limited to the U.S. Last fall, DHL Express opened an expanded international parcel hub at Paris-Charles de Gaulle airport. The $200 million site is 10 times larger than the original facility. In September 2020 it transformed the gateway in Milan, Italy, into a regional hub for $123 million.1 min. The December 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 to expect in the coming weeks. The data contained within the report provides breakdowns of capacity, volumes and rates. In this report, you will ...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 emailThe FreightWaves TRAC spot rate from Los Angeles to Dallas, arguably one of the densest freight lanes in the country, was on an unstoppable decline since January but has finally leveled out. Over the past week, the TRAC rate held firm at $2.01, still a far cry from its year-to-date high of $2.39.28 ต.ค. 2564 ... Grains, including wheat, are traditionally shipped using bulk carriers like Panamax, Handymax and Capesize vessels that contain large cargo ...Quicklook: Best TMS freight broker software in 2024. Best for integration with existing software: Rose Rocket TMS. Best for small- to medium-sized businesses: Truckbase. Best for real-time visibility and insights: Trucker Tools. Best for large brokerage businesses: Trimble. Best for LTL freight brokers: Transport Pro.

Company imposes 5.9% general rate increase on Express, Ground shipments. FedEx Corp. (NYSE: FDX) said Tuesday that it will raise its tariff, or noncontractual, rates on most of its U.S. services by 5.9% in 2024, a decline from the 6.9% increase in 2023 and a potential attempt to take market share from rival UPS Inc. (NYSE: UPS), which is facing ...Listen to this article. 4 min. F lock Freight , a technology startup that offers a shared truckload shipping solution, has raised $113.5 million in a Series C, the latest in a series of noteworthy funding rounds completed by maturing digital freight companies. Softbank led the round, with participation from existing investors SignalFire, GLP ...The report’s survey found that eight of 10 carriers and freight brokers think Amazon’s entry into digital freight brokerage is ‘negative’ for their market segments. Carriers, by a two-to-one margin, are more apt to view this development as ‘very negative’ than freight brokers.Instagram:https://instagram. wsp premium packageforex discordbrite insurance reviewsstocks with upcoming splits A bankruptcy filing could be announced Monday. (Photo: Jim Allen/FreightWaves) Less-than-truckload carrier Yellow Corp. ceased all operations at 12 p.m. Sunday, according to a notice on the gates at its terminals. Separate internal documents showed the procedures for closing the facilities as well as “talking points” to be used when ... pull equity from home without refinancingvirtuix stock ipo date Dec 31, 2022 · A look back at year of geopolitical unrest, easing pandemic effects. Three key drivers shaped ocean shipping markets in 2022: the end of the container boom, Russia’s invasion of Ukraine and China’s worsening economic and geopolitical situation. Here’s a look back at this year’s coverage of how each driver impacted shipping rates and ... Nov 24, 2023 · 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 ... lthm stock forecast Apr 25, 2023 · The indexes, which are derived from surveys of carriers, brokers and shippers, measure near-term and longer-term profitability, workforce and business investment sentiment. For the first time since we started tracking sentiment in Q4 2022, an overall score has fallen into the negative. FreightWaves SONAR: NTI.USA (white) and NTIF.USA (green).