Freightwave.

FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our …Information on valuation, funding, acquisitions, investors, and executives for FreightWaves. Use the PitchBook Platform to explore the full profile.FreightWaves is shaking up the industry once again with an all new freight experience. We’re bringing together the greatest minds in the transportation, logistics and supply …Contact Us. If you need immediate support, please click here to submit Help Ticket or Chat with a Customer Service Representative. If you have a press release that you’d like to submit for editorial consideration, please email directly to [email protected]. If you have a privacy related issue, please email us directly at privacy ...

Freight 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.WebSONAR 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 ...Web

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 …1 Feb 2023 ... In a shifting world, supply chain leaders are on the front lines. Our experts analyze the industry and forecast trends before they develop, ...

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 ...11 min. Rail shippers are waiting to see whether the merger of Canadian Pacific and Kansas City Southern will actually enhance competition and provide them with more choices. The Surface Transportation Board issued a decision Wednesday approving the deal, saying CP (NYSE: CP) and KCS would be able to promote competition better …Ports like Savannah, Georgia, a feeder for Atlanta market freight demand, exploded. Many thought much of this volume would stick, but that has somewhat faded. Savannah currently represents approximately 7.44% of domestic maritime import shipments, down from its peak value of 7.9% in 2022 and up slightly from 2019’s 7.3%.7 min. Time is running short for a handshake agreement to avert a nationwide Teamsters union strike against UPS Inc. threatened for Aug. 1. Talks broke off July 5 and will resume next week. Shippers that haven’t made contingencies could be up against the wall. Some will simply brace for service disruptions and undelivered packages, which ...FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our …

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, surge much higher in the second quarter, go higher still in the second half, even higher throughout 2024, and stay strong in 2025. “ The colossal orderbook is like a sword of Damocles hanging over ...

During the week of Feb. 28, when the lockdown began, ships off Shanghai represented 16% of the total either waiting or at berths. The ratio is now up to 47%. At Ningbo, the ratio has risen from 49% to 71% over the same period. However, the congestion ratio was at these same levels both in July and September 2021.

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 …FedEx reduced global flight hours by 12%, year over year, during the fourth quarter. Domestic aircraft utilization is down even more, according to a recent analysis by Morgan Stanley. “We continue to make significant progress in taking cost out of our network, delivering a $2 billion year-over-year reduction in operating cost in the fourth quarter of …Pennsylvania brokerage lays off nearly 65 employees, sources say. Approximately 65 employees for Pittsburgh-based Elite Transit Solutions were laid off via Microsoft Teams on Friday. This is the second round of job cuts the freight brokerage has experienced over the past month; about 20 employees were let go on Oct. 20 because of …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 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.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 ...

The U.S. Department of Labor said this week it is still seeking nearly 1,400 Arizona drivers who are owed up to $5.6 million after a victory in a misclassification case that was settled in November. freightwaves.com. DOL seeks misclassified Arizona delivery drivers who are owed millions. The chart is measuring the market in weeks; green is expansion, red is contraction. As capacity continues to correct, the freight rate cycle will begin to move at a faster pace (perhaps later this year; more likely late in the first quarter of 2024). Rates will move higher. Generally speaking, this helps carriers and is detrimental to shippers.Aug 8, 2023 · Disputes with customers have also weighed on Western Global’s recent ability to conduct normal business, but the company seems less willing to fulfill those claims. The bankruptcy filing shows Trans-Caribbean Cargo with a $6.7 million claim against Western Global. Trans-Caribbean Cargo is a Miami-based freight forwarder that “suffered ... The new features of FreightWavesTV include: New, fresh layout. 24/7 livestream. Program guide showing which shows are airing when. Specific event tab for all live events. Multi-channel streams. Informative graphics. Ability to add multiple profiles. Ability to set reminders for upcoming shows.WebFeb 22, 2023 · 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, surge much higher in the second quarter, go higher still in the second half, even higher throughout 2024, and stay strong in 2025. “ The colossal orderbook is like a sword of Damocles hanging over ... FreightWaves. 71,550 likes · 1,550 talking about this · 65 were here. FreightWaves is the most trusted provider of global supply chain market intelligence.

Dec 3, 2023 · The FreightWaves (NTI), is a seven-day moving average of spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. NTI is calculated on a composite national aggregated level of the Rate Per Mile for fully enclosed, non-refrigerated, 48- or 53-foot trailers moved by Class 8 tractors. The index is based on eligible spot ... Digital freight brokerage Surge Transportation filed for bankruptcy on July 24, as FreightWaves’ Hampstead first reported the following day. 2023 was a more severe …

FreightWaves SONAR data revealed global recession months before FedEx’s earnings. Craig Fuller, CEO at FreightWaves. · Thursday, September 22, 2022. A lack of Chinese imports coming into the Port of Los Angeles is driving weakness in U.S. imports (Photo: Jim Allen/FreightWaves) FreightWaves.SONAR offers users the newest, most up-to-date freight data, collected at the point of booking, to provide the clearest insight into the freight market. SONAR aggregates market information from numerous freight data sources including: SONAR equips users with actionable insights to make data-informed decisions despite market volatility, and ...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. Information on valuation, funding, acquisitions, investors, and executives for FreightWaves. Use the PitchBook Platform to explore the full profile.Freight brokerage rose by 45% over that time. Rates for truckload, LTL and specialized transportation increased 25%. Parcel rates rose 14.7%, while prices for warehousing services increased 20.5%, with much of that coming after July 2021 as demand spiked hard due to the ripple effect of supply chain bottlenecks at various U.S. seaports.WebNovember 2. November 3. NOVEMBER 1-3, 2022 ‍ Explore the future of freight technology, engage with industry leaders and attend discussions focused around all modes – trucking, air, ocean and rail. Experience sessions with experts and entrepreneurs, and dive deep into the near future of drones, autonomous and electric vehicles. While it’s ... 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 …WebCommon wisdom holds that the outdated and constrained electric grid cannot support the scaling of electric trucks. Looking at the grid’s current use supports that. Electrifying just the long-haul portion of the U.S. trucking fleet would require 10% of the nation’s electric power generation, according to a December 2022 study from the ...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.Web

Transparency19 will cover innovation and digitization trends across trucking, logistics, supply chain, blockchain, IoT, telematics and data. You’ll hear from expert speakers, watch live product demos from emerging and leading freight technology companies, and network with hundreds of your industry peers in a revolutionary format.

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

FreightWaves SONAR Outbound Tender Volume Index (OTVI) is a measurement of electronic offers from shippers to truckload carriers for the transport of goods. OTVI is an indicator of raw demand for trucking capacity. Truckload freight volume is a barometer for business activity around physical goods required by businesses and consumers.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.Web10 Jul 2023 ... ... freightwaves Facebook: https://www.facebook.com/FreightWaves/ LinkedIn: https://www.linkedin.com/company/freightwaves/ Instagram: https ...Chattanooga, Tennessee—the heart of Freight Alley and home to FreightWaves—will come alive once again with the largest festival in freight November 7-9, 2023. The second annual F3: Future of Freight Festival will converge in the Scenic City at the Chattanooga Convention Center, bringing together experts, entrepreneurs, industry leaders ...WebThe FreightWaves Benchmark Spot Rates provide a cost-based model for setting spot rates for more than 735,000 zip3 origin-destination pairs greater than 250 miles in the contiguous United States. The model is shown below, with the major input variables to the model shown above the FreightWaves Benchmark Spot Rates for those market …Pennsylvania brokerage lays off nearly 65 employees, sources say. Approximately 65 employees for Pittsburgh-based Elite Transit Solutions were laid off via Microsoft Teams on Friday. This is the second round of job cuts the freight brokerage has experienced over the past month; about 20 employees were let go on Oct. 20 because of …Nov 21, 2023 · FreightWaves Classics. FreightWaves Classics articles look at various aspects of the transportation industry’s history. Old Dominion Freight Line – Helping the World Keep Promises®. Learn more here. American Shipper Archives Wednesday, November 29, 2023. Family-owned California trucking company ceasing operations after 95 years. A third-generation family-owned trucking company and brokerage — Certified Freight Logistics, headquartered in Santa Maria, California — is ceasing operations on Saturday after 95 years, citing “falling freight rates and reduced volume.”.7 min. Time is running short for a handshake agreement to avert a nationwide Teamsters union strike against UPS Inc. threatened for Aug. 1. Talks broke off July 5 and will resume next week. Shippers that haven’t made contingencies could be up against the wall. Some will simply brace for service disruptions and undelivered packages, which ...

In line with pre-COVID volumes. On Tuesday, Descartes reported that February imports to all U.S. ports totaled 1,734,272 twenty-foot equivalent units. That’s down 16.2% from January, 25% year on year and 0.3% versus February 2019, pre-COVID. Imports from China were particularly weak, given COVID issues and the Lunar New Year break.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. Dec 22, 2022 · FedEx begins 50-day countdown to its first day of flight. (Photo: Jim Allen/FreightWaves) FedEx will increasingly rely on outsourced air transport for growth as it pursues an aggressive cost-cutting strategy to resize its delivery network in line with deteriorating market conditions and a structural rebalance in e-commerce sales, executives said. Headquarters Location. 405 Cherry Street . Chattanooga, Tennessee, 37402, United States. 423-503-3296Instagram:https://instagram. best day trading stock alertshorse insurance reviewsmessenger avatartesla stock drop 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... best metaverse stocksinverted yield curve today Contact Us. If you need immediate support, please click here to submit Help Ticket or Chat with a Customer Service Representative. If you have a press release that you’d like to submit for editorial consideration, please email directly to [email protected]. If you have a privacy related issue, please email us directly at privacy ... Freight shipments fell 4.1% sequentially in June, reversing all of May’s gain, according to data provided by Cass Information Systems on Wednesday. On a year-over-year comparison, the monthly volumes data set was down for the fourth time in … how old do you have to be to do stocks The freight brokerage industry began humming Meat Loaf’s 1977 power ballad “Two Out of Three Ain’t Bad” Tuesday when the U.S. Court of Appeals for the 7th Circuit became the third federal appellate court to consider the extent to which negligence claims against freight brokers are preempted by federal law.15 Sept 2022 ... Redwood's innovative technology and approach to supply chain disruptions lands the company within the top 100 for the fifth straight year.FreightWaves CEO Craig Fuller joins ‘Squawk Box’ to discuss the state of the trucking industry and freight economy at large, why the sector is facing a reset since shipping rates and demand ...