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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 from ...Trimble acquired Kuebix for $200 million in 2020 to gain access to its network of more than 21,000 shipping companies. (Photo: Jim Allen/FreightWaves) Nashville,Tennessee-based FreightWise has acquired transportation management system software provider Kuebix from Trimble Inc. The acquisition was announced Thursday and …Dec 3, 2023 · GlobalX Airlines defies cargo trend with fleet strategy. Global Crossing Airlines, a 2-year-old hybrid carrier that provides supplemental airlift to customers that rent the entire plane, is taking a long-term view toward cargo expansion at a time when freight demand is very soft. American Shipper. Air Cargo. Eric Kulisch Wednesday, November 15 ... FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our …Sep 14, 2022 · FreightWaves announced on Wednesday the latest FreightTech 100 — a selection of the most innovative companies in the freight technology space. This is the fifth annual iteration for the award. Over the past few months, FreightWaves has received more than 1,500 nominations for 423 companies.

4 min. The beleaguered freight division of Qantas Airways said late Thursday that it could take another two weeks for some key cargo terminals in Australia to dig out from the logjam of shipments caused by a troublesome switchover to a new cargo management system. Data from the legacy system was supposed to be integrated into the new one, …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 …3 min. Orbcomm, a major provider of ELDs to the trucking sector, is dealing with a ransomware attack that has limited the ability of its customers to use its Fleet Manager offering, which includes its Blue Tree ELD systems, the company has confirmed. Resolving the issue may take up to two weeks. “On September 6, 2023, ORBCOMM experienced a ...

Mar 15, 2023 · El cofundador de TuSimple abandona el consejo mientras se investiga la caza furtiva de empleados. Xiaodi Hou habría intentado atraer a empleados a su nueva empresa. FreightWaves proporciona evaluación comparativa, análisis, monitoreo y pronóstico de la industria logística global de $ 9.6 billones. Oct 10, 2023 · The NRF and Port Tracker previously predicted full-year imports for the ports it covers of 22.3 million TEUs. On Tuesday, it pared that forecast slightly, to 22.1 million TEUs — still up 1.5% and 2.3% from the pre-COVID years of 2018 and 2019, respectively. (Chart: FreightWaves based on data from NRF/Port Tracker)

Car hauler Jack Cooper Transport has been rumored to be behind a bid for Yellow Corp. just four years removed from its own bankruptcy. The post Jack Cooper Transport named as Yellow suitor ...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 full of surprises. The 2024 list honors industry veterans and newcomers that have found a way to hang on in one of the most difficult environments for technology companies in recent …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 investment in ...Sep 3, 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. Jul 18, 2023 · The Teamsters union has a $300 million to $350 million fund to support workers with strike pay, but UPS pilots who don’t report to work will bear the burden on their own. “We don’t have a strike fund,” said Gaudet. UPS pilots ratified a two-year contract extension last August. Bascome Majors, a senior transportation equity analyst at ...

SONAR’s van contract rate index, which is derived as the national average contract rate from over $40 billion of actual contracted loads between shippers and carriers, is currently at $2.74/mile, down from a high of $2.98/mile set on June 3, 2022. The drop of $0.24/mile represents a 9% drop in two months — and reverses all of the contracted ...

28 Aug 2023 ... With many companies looking to nearshoring to get into the American economy, is Mexico the next manufacturing and distribution gold mine?

Sep 7, 2023 · 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 ... 2018 was a good year for trucking, but with so much capacity added over the past five years, a reset to those levels is not cause for celebration. According to the Federal Motor Carrier Safety Administration, the number of trucks in the for-hire market is up 29% since early 2018. It will take time to bleed off excess capacity.files.freightwaves.comJoin 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 …Nov 13, 2023 · According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.

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 ...FreightWaves is a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain. FreightWaves SONAR’s price, demand, and capacity data spans across all modes to allow logistics leaders to benchmark, analyze, monitor, and forecast the global physical economy. 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 ... Attorneys filing a successful PAGA action are entitled to a recovery of “reasonable expenses.”. Going to trial often can result in costs in excess of $300,000, he said. “So it’s a nightmare,” he added. At the end of the process, an employee might “walk out with $2.47.”. AB5, a law defining independent contractor status in ...Quicklook: Best Diesel Mechanic Schools. Best For Comprehensive Training: Lincoln Tech. Best For Manufacturer-Specific Training: Universal Technical Institute. Best For Alternative Hands-On Education: American Diesel Training. Best For Associates Degree Program: J-Tech. Best For Accelerated Training: WyoTech.FreightWaves is a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain. FreightWaves SONAR’s price, demand, and capacity data spans across all modes to allow logistics leaders to benchmark, analyze, monitor, and forecast the global physical economy.

Quicklook: Best Freight Hauling Companies. Best For Overall: FedEx Freight. Best For Freight Brokerage: XPO Logistics. Best For Less-Than-Truckload: Old Dominion Freight Line. Best For Environmentally-Friendly: Estes Express Lines. Best For High-Value Cargo: R+L Carriers. Best For Air Freight: Forward Air.

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 event in Chattanooga, Tennessee, continues through Thursday. Fuller was part of a fireside chat discussing Convoy’s legacy and impact on the freight industry. He was joined onstage by FreightWaves’ JP Hampstead and Liz Ward, head of Zebox America. Convoy was founded in 2015 by Amazon veterans Dan Lewis and Grant Goodale.Quicklook: Best Enclosed Car Trailers. Best For Transporting Low-Profile Vehicles: JIMGLO. Best For Wider Enclosed Auto Hauler: Homesteader. Best For Affordable Auto Hauler: Interstate. Best For Protection From Moisture: Sure-Trac. Best For Hauling Up To Three Enclosed Cars: Sundowner. Best For Race Car Transportation: U.S. Cargo.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 April 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. Truckload market provides head ...Mar 11, 2022 · Freight Industry News & Trends. 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 ... Oct 10, 2023 · The NRF and Port Tracker previously predicted full-year imports for the ports it covers of 22.3 million TEUs. On Tuesday, it pared that forecast slightly, to 22.1 million TEUs — still up 1.5% and 2.3% from the pre-COVID years of 2018 and 2019, respectively. (Chart: FreightWaves based on data from NRF/Port Tracker) At the core of each article or content piece is a focus on the economic impacts and outcomes - good or bad - that are driven by emerging technology, innovation ...FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow ...Quicklook: Best Enclosed Car Trailers. Best For Transporting Low-Profile Vehicles: JIMGLO. Best For Wider Enclosed Auto Hauler: Homesteader. Best For Affordable Auto Hauler: Interstate. Best For Protection From Moisture: Sure-Trac. Best For Hauling Up To Three Enclosed Cars: Sundowner. Best For Race Car Transportation: U.S. Cargo.

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1 company has taken care of the logistics since 1982. Did you know the same company has delivered the holiday tree to Rockefeller Plaza in New York City since 1982? This year the famous Christmas tree that lights up Rockefeller Plaza is from Vestal, New York. The tree has been a tradition in the plaza since 1931.

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. How To Calculate Fuel Surcharges. A fuel surcharge is calculated by multiplying the difference in price per mile in fuels prices by the distance traveled. This gives the total fuel surcharge. For this, you need to take into account more than just fuel price changes. Drivers can start by using a calculating cost per mile worksheet to get a clear ...Sep 14, 2023 · 3 min. Orbcomm, a major provider of ELDs to the trucking sector, is dealing with a ransomware attack that has limited the ability of its customers to use its Fleet Manager offering, which includes its Blue Tree ELD systems, the company has confirmed. Resolving the issue may take up to two weeks. “On September 6, 2023, ORBCOMM experienced a ... An Elite Transit spokesperson wrote in an email to FreightWaves that “there are still employees” working at the freight brokerage. After initially firing the majority of Elite Transit’s remaining workforce via Microsoft Teams on Nov. 3, which ex-employees stated was around 65 employees, Johnson kept on around 10-12 employees.Oct 26, 2023 · The recent shutdown of Convoy, a digital freight brokerage established in 2015, shows that. Convoy enjoyed all the trappings of a runaway tech success. Its two co-founders, Dan Lewis and Grant Goodale, had Amazon and Ivy League credentials. Convoy counted Jeff Bezos, Bill Gates and (bizarrely) Bono among its investors. Leveraging FreightWaves’ world class media and video production capabilities, the F3 Virtual Experience will bring industry leading FreightTech to life on November 9-11, 2021. …FreightWaves is a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain. FreightWaves SONAR’s price, demand, and capacity data spans across all modes to allow logistics leaders to benchmark, analyze, monitor, and forecast the global physical economy. Sep 26, 2022 · 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. Oct 18, 2023 · Although the market was filled with rumors of bankruptcy at Convoy Wednesday morning — not surprising when all loads are summarily canceled — there has been no bankruptcy filing by Convoy, according to a check of public records by FreightWaves. In April 2022, Convoy was valued at $3.8 billion after an investment of $260 million in a Series ... FreightWaves announced on Wednesday the latest FreightTech 100 — a selection of the most innovative companies in the freight technology space. This is the fifth annual iteration for the award. Over the past few months, FreightWaves has received more than 1,500 nominations for 423 companies.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 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.2018 was a good year for trucking, but with so much capacity added over the past five years, a reset to those levels is not cause for celebration. According to the Federal Motor Carrier Safety Administration, the number of trucks in the for-hire market is up 29% since early 2018. It will take time to bleed off excess capacity.CloudTrucks CEO Tobenna Arodiogbu has announced that his company is exiting the factoring business and will be transitioning its current customers to RTS…Instagram:https://instagram. best long term growth stocksbest cryptocurrency day tradingdo medicaid pay for bracesquick debit card 4 min. With the first requirements of California’s Advanced Clean Fleets (ACF) rule set to go in effect in just a few weeks, the California Trucking Association (CTA) has asked a federal court to block the regulation’s implementation. The lawsuit, filed Monday in the U.S. District Court for the Eastern District of California, requests both ... hyd etfhow to start investing in startups Central Freight Lines is the largest trucking company to close since Celadon ceased operations in 2019. Waco, Texas-based Central Freight Lines has notified drivers, employees and customers that the less-than-truckload carrier plans to wind down operations on Monday after 96 years, the company’s president told FreightWaves on Saturday. 1976 bicentenial quarter Car hauler Jack Cooper Transport has been rumored to be behind a bid for Yellow Corp. just four years removed from its own bankruptcy. The post Jack Cooper Transport named as Yellow suitor ...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 …