Feightwaves.

Optimizing how you ship freight. We blend advanced technology with a network of 50,000+ Amazon trailers and carriers to move your full truckload freight―simply and reliably. Put the power of Amazon behind your shipments, with a partner that's here to meet the demands of today and help you navigate the road ahead.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.The unified carrier, which has yet to announce a new name, will expand into Texas in the first quarter and will add Chicago at an undetermined time. The company on Thursday announced a 6.9% general rate increase on residential ground deliveries in 2023, which matched FedEx and UPS. But the OnTrac-LaserShip GRI is just for show.Marvin Keller Trucking, 115 drivers. FreightWaves’ Clarissa Hawes reported that Illinois-based Marvin Keller Trucking filed for Chapter 11 bankruptcy on April 22. The company was established in 1965 and, according to a Federal Motor Carrier Safety Administration database, remains in business.FreightWaves Staff Wednesday, November 1, 2023 Optimizing logistics management with quantum computing As large e-commerce businesses have raised consumer expectations, midsize and smaller logistics companies must keep up and provide the same on-time delivery, visibility and experience.

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.Railroads are skeptical of EPA's emissions reporting proposal. (Photo: Jim Allen/FreightWaves) WASHINGTON — A Biden administration proposal to change how rail carriers report air emissions data is getting pushback not just from rail companies but from state government agencies as well. The Environmental Protection Agency’s proposed …

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. Apr 13, 2022 · 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.

17 min. The death of Convoy has been one of the biggest stories in both tech and freight media over the past week. While the freight market has suffered a number of major shutdowns, few were as sudden as Convoy’s. After all, Yellow was a much bigger company, but it died a very slow death, and because it was a publicly traded company, …Aug 29, 2023 · 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 ... 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.FreightWaves SONAR’S Outbound Tender Volume Index helps users identify freight volumes that are shipping at national, regional, or market granularity. OTVI allows users to see where demand for trucks is increasing or decreasing. An increase in freight volumes denotes tightening capacity. A decrease in freight volumes denotes loosening capacity.

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.

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.

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 ... 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.In partnership, Talon Logistics and FreightWaves conducted a survey focusing on North American supply chains across diverse industries. This survey revealed an intricate web of preferences, satisfaction levels and emerging concerns that should guide both shippers and logistics providers in strategic decision-making through 2024.Jun 7, 2022 · 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 has confirmed that the Convoy load board went blank on Wednesday. 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 has confirmed that the Convoy load board went blank on Wednesday. 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' YouTube channel provides videos related to relevant content and industry news and information. Visit us at freightwaves.com and on LinkedIn, ...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.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 …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 ...

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 …Todd Maiden. · Friday, November 17, 2023. Ancora says Omni has unleashed "an army of aggressive law firms" on it after pushing back on the merger attempt. (Photo: Jim Allen/FreightWaves) Ancora Holdings Group, an activist investor in Forward Air, says Omni Logistics is “seeking to intimidate and threaten” it by “sending legal missives …

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' YouTube channel provides videos related to relevant content and industry news and information. Visit us at freightwaves.com and on LinkedIn, Facebook and …In the 2008 freight recession, freight brokerages were a much smaller percentage of the overall trucking market, representing just 10% of the total freight in the market. This number has doubled since then, along with the quality of freight. When I was working the freight desk at U.S. Xpress in the early 2000s, freight brokerages weren’t a ...FreightWaves truckload freight coverage is your leading source of truckload news and information via freight data. Subscribe now for free.Van rejection rates are driving the decline in the overall OTRI, as the Van Outbound Tender Reject Index (VOTRI) is now at 12.96%, 189 bps lower on a w/w basis. Capacity conditions in the reefer market continue to ease, as the Reefer Outbound Tender Reject Index (ROTRI) fell 386 bps to 22.19%.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.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. So far in 2023, FreightWaves has reported on only seven bankruptcies, a little more than one a month. The worst trucking market prior to the current one was in 2019, the “Trucking Bloodbath.”. At one point, FreightWaves reported on 10 trucking bankruptcies in a single week. New England Motor Freight’s (NEMF’s) bankruptcy opened the year ...

Inspired by the word “quantum,” the name honors the company’s roots and spotlights its aspirations in chemical transportation as the combined revenue for the specialized logistics company exceeds $500 million, according to company sources. “The rebrand to Quantix will continue to pay homage to A&R’s 50-year history during which we ...

FY 2012-2023. Average per-mile spot rates for trucking fleets have hit $1.54, down 11.6% from 2022 and 34.4% from 2021, according to the FreightWaves National Truckload Index. At the same time, the costs of fuel, replacement parts, insurance and other key inputs have soared.

The heart of the Haslam complaint — filed as an action by Pilot Corp. — is that in violation of an earlier agreement, Berkshire Hathaway, upon taking control of Pilot Travel Centers (PTC), switched its accounting to a “pushdown” method. Haslam says this is reducing the value of Pilot, which would impact what Berkshire Hathaway would pay ...Daniel Pickett, I'm a touch less optimistic based on the trucking ton-mile index I coauthor for a meaningful YoY volume recovery.September 2023 (most recent data due to the longer lag of the ...Nov 28, 2023 · 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 on container movements and a container’s financial streams can help ward off illicit trade. Read More ». Greg Miller Tuesday, October 17, 2023. 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 ...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 ... 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.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 ... 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 ...Nov 1, 2023 · Larger container ships sailing from Asia to U.S. East and Gulf Coast ports already feel the effect of Panama’s drought, because they need more than 44 feet of draft when fully loaded. Vasquez said that for every foot of lost draft, container ships lose capacity for 350 twenty-foot equivalent units. Thus, this year’s loss of 6 feet of draft ...

The FreightWaves Trusted Rate Assessment Consortium (TRAC) spot rate from Los Angeles to Dallas, arguably one of the densest freight lanes in the country, is still securing its footing. Over the past week, the TRAC rate was left unchanged at $2.31 per mile — still some distance from its year-to-date high of $2.39.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 ... F3: Future of Freight Festival | Nov. 7-9, 2023. Join us in Chattanooga, TN for a festival like no other!Instagram:https://instagram. 70 20 10 rule budgetrolex appreciation chartwhy is tesla stock fallingspyd dividend yield 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 ... brookfield infrastructure stocksolar power companies to invest in 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 …Dec 2, 2022 · Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 30 (Shippers) The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers. This week’s Pricing Power Index is based on the following indicators: arbor realty trust dividend Railroads are skeptical of EPA's emissions reporting proposal. (Photo: Jim Allen/FreightWaves) WASHINGTON — A Biden administration proposal to change how rail carriers report air emissions data is getting pushback not just from rail companies but from state government agencies as well. The Environmental Protection Agency’s proposed …FreightWaves has confirmed that the Convoy load board went blank on Wednesday. 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 is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow ...