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U.S. imports over the first nine months of 2023 were 2.5% higher than in the same period in 2019, pre-COVID, according to Descartes’ data. They were up 4.6% compared to the same period in 2018 and 11.4% versus January-September 2017. This September’s imports significantly exceeded pre-pandemic levels: up 8% from the same month in 2019, 9% ...

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11 Agu 2021 ... Rates exceeding US$30,000 per day for Capesize, Pannamex and Supramax vessels. – Freight Waves reported on June 28. Panamax ships are at US ...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.”.The largest remaining backlogs are off Savannah (left) and Houston (right) on Friday. (Maps: MarineTraffic) The good news is that there were fewer than 100 container ships stuck waiting off North American ports on Friday. The bad news is that there were still 99 container ships offshore and the pre-COVID norm was in the single digits.WebThe company’s corporate office is located in Griffith, Indiana. Services and Materials: Bulkmatic specializes in the transportation of shipments of items such as plastics, dry chemicals, and bulk food grade. Employees: The company employs between 1,001 and 5,000 employees. Revenue: $100M to $500M. Pricing: Contact Bulkmatic for pricing.Web

Oct 5, 2022 · 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 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 »

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.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.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 ...Best for largest fuel rebate: Fuelman Deep Saver Card. Best for lowering fuel costs: AtoB Fuel Card. Best for IFTA reporting: Motive Fuel Card. Best for eCapital factoring customers: eCapital Fuel Card. Best for total rewards: Coast Fuel Card. Best for great fuel discounts: TAFS F2 Fuel Card.

Committed to excellence, Morristown Driver’s Service strives to surpass expectations at every stage of the journey, making it an ideal workplace where employees can thrive in a supportive and goal-oriented environment. Established: 1983. Location: 1111 Gateway Service Park Rd, Morristown, TN 37813. Employees: 220.Web

Many carriers are already taking as much as they can, as Yellow’s freight bills per day have fallen by more than 30% in recent weeks, according to a source close to the carrier. When Celadon shut down in December 2019, the truckload industry readily absorbed the volume, but truckload networks are inherently more flexible than less-than …Web

Thom Albrecht. Albrecht brings significant transportation expertise to FreightWaves’ Board of Advisors and has been involved with transportation research since 1988. Prior to founding Sword & Sea, Albrecht served two separate stints as Managing Director of BB&T Capital Markets, starting in 2000, where he followed the surface transportation ...Two laid-off Yellow employees who were not represented by Teamsters told FreightWaves that they did receive their final paychecks last Friday. However, they said they did not receive payment for unused vacation time. Yellow wrote in its separation agreement dated July 28 that laid-off employees would receive payment for unused vacation “ [a]s ...WebBest for largest fuel rebate: Fuelman Deep Saver Card. Best for lowering fuel costs: AtoB Fuel Card. Best for IFTA reporting: Motive Fuel Card. Best for eCapital factoring customers: eCapital Fuel Card. Best for total rewards: Coast Fuel Card. Best for great fuel discounts: TAFS F2 Fuel Card.A real-time proxy for the health of the national supply chain used by freight and non-freight businesses to make more accurate decisions. November 1, 2023 Index-Linked Contracts: A New Solution for Shippers’ Dissatisfaction with RFPs Oct 10, 2023 · U.S. imports over the first nine months of 2023 were 2.5% higher than in the same period in 2019, pre-COVID, according to Descartes’ data. They were up 4.6% compared to the same period in 2018 and 11.4% versus January-September 2017. This September’s imports significantly exceeded pre-pandemic levels: up 8% from the same month in 2019, 9% ... 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 ...

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, …Pilots who sign on with PSA will fly Bombardier CRJ700 and CRJ900 aircraft with about 65-70 seats, and earn a starting wage of $150-$217 per hour, depending on seniority, according to the PSA recruiting page. PSA’s website says pilots can move up to American Airlines in five years. It’s not clear if FedEx pilots will be on an expedited track.Web24 Jan 2019 ... In January of 2019 Freight Waves contacted Nova shortly before we unveiled our second iteration of Dax, the “Payyl” class.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 …WebSome points to be aware of include the following: Payment and terms. Delivery schedule. Origin and destination. Special freight considerations, such as reefer or hazmat. By analyzing load details and market rates for comparable loads, you can better determine whether a load is a good fit for your business.Web

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 ...

December 2023. Tue 5. December 5 @ 2:00 pm - 3:00 pm. Webinar: Where Do We Go from Here? Shipper & Consumer Expectations for 2024. Join FreightWaves for a webinar on Tuesday, December 5 at 2pm ET when we’ll cover freight market expectations for load volumes, inventory levels, and capacity. Thu 7. December 7 @ 2:00 pm - 3:00 pm.Nov 24, 2023 · 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 rule ... The Mes Aynak ore deposit is estimated to hold reserves worth $88B: the mining lease is China’s largest investment in Afghanistan, and Afghanistan’s largest foreign investment in the country’s history. The Mes Aynak ore is supposed to be high grade, at 2.3% copper, at a time when the average purity of copper ore being mined is less than 1%.The current contract, negotiated in 2018 but not ratified until the following year, has allowed UPS to skirt the significant labor cost inflation that has hit FedEx Corp.’s (NYSE: FDX) ground-delivery unit. UPS Teamsters have been receiving wage increases and annual cost-of-living adjustments of about 3% since 2018.AtoB . AtoB fleet fuel cards are accepted anywhere and come with software that saves fleets on average 43¢ per gallon. The company has a simple fee structure of $3 per month per active card — and that’s it, no other hidden fees. Their user-friendly platform comes with features that allow you to track your usage live, set spending limits, prevent …Mark Solomon, “Report: China’s share of global trade growth to plunge in next 5 years,” Freight Waves, September 15, 2022. View in Article; Sample included 210 transportation providers from the United States (158) and Europe* (52), and 105 US-based manufacturers. View in ArticleFreight brokers are a vital asset to organizations. They help with securing carriers for your business in a cost-effective and rapid manner. In the event that there is a problem with the carrier, a freight broker will step in and act on your behalf. They help productively optimize your business’ transportation and cargo needs.Web

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 ».

Nov 11, 2021 · 4 min. FreightWaves has formed the Trusted Rate Assessment Consortium (TRAC) to provide the freshest view of spot rates in the U.S. inside the new Market Dashboard application in SONAR. Combined with its database of millions of data points, SONAR has the most comprehensive view of the transportation markets available.

Load boards for brokers are an all-in-one service for the freight marketplace. Load boards facilitate a freight broker’s role to efficiently locate freight carriers. For a freight broker, a load board is a one-stop-shop to locate carriers, build relationships with dispatchers, and create their own reputation within the industry.The company’s corporate office is located in Griffith, Indiana. Services and Materials: Bulkmatic specializes in the transportation of shipments of items such as plastics, dry chemicals, and bulk food grade. Employees: The company employs between 1,001 and 5,000 employees. Revenue: $100M to $500M. Pricing: Contact Bulkmatic for pricing.WebSome points to be aware of include the following: Payment and terms. Delivery schedule. Origin and destination. Special freight considerations, such as reefer or hazmat. By analyzing load details and market rates for comparable loads, you can better determine whether a load is a good fit for your business.WebNinja Dispatch specializes in dry van, reefer and car hauler loads. With no contracts and a fee of 10% of the gross load value, Ninja Dispatch is a solid, reliable freight dispatcher. You will want to note that the freight dispatcher’s rate is higher than the rate for a number of options, but you will receive good service for the price.30 Mei 2018 ... Share your videos with friends, family, and the world.State of Freight Insights; The Future of Freight; Startups; Global Supply Chain; FreightWaves Classics; Blockchain News & Updates; Risk & Compliance. Legal …The easy approach is to partner with a company that is already hauling under a government contract. In fact, the Department of Transportation recommends partnering with another firm as a way to strengthen any bid you make for freight services. “Smaller companies often fill niches that round out a prime contractor’s services,” DOT writes.WebSep 14, 2022 · Werner Enterprises. XPO Logistics. Zebox. Zipline. Zuum Transportation. *XPO submitted a separate nomination for its brokered transportation platform as it is expected to spin-off as a standalone company in the fourth quarter of 2022. FreightTech 100 FreightTech 2023. [email protected]. FreightWaves’ FreightTech 100 looks to ... 19 Jul 2023 ... July's freight market update covers sluggish freight volumes, spot and contract rates, and the returning balance of the freight market.UP ( NYSE: UNP) expects to open in the first quarter of 2024 a new international intermodal terminal in Phoenix, which the railway says will provide a rail option for those seeking a connection between the ports in the Los Angeles Basin and the U.S. Southwest. Although the terminal, which will be owned and operated by UP, will be …Web

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.FreightWaves was born and the stories gained traction through social media and through Google news search. Over the next few months, Brian kept writing about the freight markets and how technology, regulations, and economic activity were impacting them. The staff started to grow–and so did the traffic. FreightWaves will be bringing the F3: Future of Freight Festival to its home city of Chattanooga, Tennessee, on Nov. 8-10. Several thousand freight executives, supply chain leaders and industry stakeholders are expected to descend on Chattanooga – named one of America’s most livable cities – for the in-person event, which will take place ...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 rule ...Instagram:https://instagram. trapeze transportation softwarespace ex stockbanks that issue debit cards the same daybest silver stocks to buy Our monthly data and the Cass Transportation Index Report provide valuable insight into freight trends as they relate to other economic and supply chain ...December 2023. Tue 5. December 5 @ 2:00 pm - 3:00 pm. Webinar: Where Do We Go from Here? Shipper & Consumer Expectations for 2024. Join FreightWaves for a webinar on Tuesday, December 5 at 2pm ET when we’ll cover freight market expectations for load volumes, inventory levels, and capacity. Thu 7. December 7 @ 2:00 pm - 3:00 pm. clearbridge dividend strategyrad ai marketing Get a near real-time, 360-degree view of your fleet’s daily operations, so you can help reduce costs, increase productivity, stay on top of vehicle maintenance, and make the most of every business day.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 … target locker 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.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.