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Data from FreightWaves SONAR presented during the webinar showed that the net reduction in the number of approved authorities has been relatively muted given the weakness of the market. The market is not ready to bounce back, Fuller said. “This is the reason the carriers feel the way they do.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. 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.John Kingston. · Tuesday, September 26, 2023. The key IRS per diem rate is staying steady in the upcoming fiscal year. (Photo: Jim Allen/FreightWaves) Listen to this article. 3 min. The key federal per diem rate for transportation companies will be unchanged in the federal fiscal year that begins Sunday. However, the “high-low substantiation ...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 …

The High-Velocity Solution. Friction in one area of the supply chain creates friction in other parts of the supply chain. Overcoming these obstacles requires a truly modern and innovative approach to supply chain management. “I think it’s fair to say that friction will never be fully eliminated from supply chain operations,” said Fullerton.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 …Maersk began the year with 110,000 global employees. Year to date, it has cut 6,500 jobs, which it has not previously disclosed. It has now decided to cut a further 3,500 jobs, including 2,500 by year-end and 1,000 in 2024. The total reduction — 10,000 layoffs — will reduce global headcount by 9%. “This is not a diet.

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 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.

24 Nov 2023 ... F3 FreightWaves Sonar. 62 views · 8 days ago #logistics #trucking #news ...more. FreightWaves. 26.1K. Subscribe. 26.1K subscribers.28 Aug 2023 ... With many companies looking to nearshoring to get into the American economy, is Mexico the next manufacturing and distribution gold mine?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 …Of the 135 markets, 50 reported higher rejection rates over the past week, though 36 of those reported increases of only 100 or fewer bps. Tender rejections did move up in Denver this week, even if not to mile-high heights. Denver’s OTRI rose 388 bps over the past week to 7.31%.

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 ...

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 ...

Of the 135 markets, 50 reported higher rejection rates over the past week, though 36 of those reported increases of only 100 or fewer bps. Tender rejections did move up in Denver this week, even if not to mile-high heights. Denver’s OTRI rose 388 bps over the past week to 7.31%.FreightWaves’ SONAR Outbound Tender Volume Index (OTVI) is a measurement of electronic ofers (aka “tenders”) from shippers (i.e. manufacturers, big boxfiles.freightwaves.comSep 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 ... 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 emailNov 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 ... Here’s a look at some of the top logistics trends impacting supply chain management, shipping, compliance and more. 1. New emissions standards for maritime shipping. January 1, 2020, marked the beginning of the first calendar year in which new maritime regulations for sulfur dioxide (SOx) will be in full effect.

FreightWaves. 71,550 likes · 1,550 talking about this · 65 were here. FreightWaves is the most trusted provider of global supply chain market intelligence.Understanding The Data Deep Dive into SONAR SONAR Data By Category A glossary of our exclusive market indices showing granularities and frequency of the data. View Here SONAR Categories Have questions about the extent of data within SONAR? Not sure which indices to use? Choose from the following SONAR categories to learn more. SONAR …2022 Top 500 For-Hire Carriers. Download and share our press release template and Top 500 badges (in color and black & white).Jan 29, 2023 · In spite of increasing volume since the start of 2023, truckload spot rates (net of fuel) dropped from $2.02 per mile on Jan. 9 to $1.82 per mile on Jan. 25. While this is certainly above the lowest rate in the current cycle ($1.67 per mile on Nov. 17, 2022), the downward trend isn’t instilling hope for truckload carriers that the market has ... According to load board Truckstop.com, marketplace fraud increased 400% from the fourth quarter of 2021 to the fourth quarter of 2022. This is the highest level the industry has seen since the tracking of fraud reports began in 2004. DAT told FreightWaves on Friday that it is aware of the post shared on X and appreciated the post.files.freightwaves.comGlobalX 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 ...

24 Nov 2023 ... F3 FreightWaves Sonar. 62 views · 8 days ago #logistics #trucking #news ...more. FreightWaves. 26.1K. Subscribe. 26.1K subscribers.In an interview with FreightWaves, Arodiogbu was quick to quash the rumors, stating that VC-backed CloudTrucks made a business decision to “really double down and focus on [our] Virtual Carrier and Flex [offerings] and decided to stop growing the factoring business.”. In July 2022, FreightWaves’ Grace Sharkey reported that CloudTrucks had ...

It’s also not as easy to fix trucking as a slide deck might make it seem. 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.CloudTrucks CEO Tobenna Arodiogbu has announced that his company is exiting the factoring business and will be transitioning its current customers to RTS…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.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 ... Over the past seven days, a diverse assortment of markets benefited from a seasonal uptick in shippers’ activity, including seaport markets and heavyweight industrial regions. The market of Ontario, California, which stores and distributes freight from the nearby ports of Los Angeles and Long Beach, saw volumes climb 5.68% w/w.Amerijet feels financial pinch as cargo business deteriorates - FreightWaves. Amerijet, racing to reverse the cargo airline’s negative cash flow after the recent firing of CEO Tim Strauss, is parking jets, deferring major maintenance and taking other steps to contain costs, according to public fleet databases and sources with intimate ...The California Highway Patrol has issued a final rule requiring ELD use by intrastate drivers on and after Jan. 1, 2024. The post What you need to know about the California intrastate ELD mandate ...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... Nov 16, 2022 · 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 transportation ... 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 was created at a time when freight brokerages morphed from a small part of the industry to a dominant force. FreightWaves owes a lot of our success to this reality. But much of the brokerage industry’s growth has been fueled by financing structures, such as venture capital (VC) and asset-based lines of credit.

Apr 1, 2022 · The national spot rate, after reaching an all-time high of $3.83 per mile in early January, now sits at just $3.34 a mile, which includes fuel surcharges and other accessorials. Of the 102 lanes from Truckstop.com’s load board, 25 reported spot rate increases last week, down from 36 lanes the week prior.

24 Nov 2023 ... F3 FreightWaves Sonar. 62 views · 8 days ago #logistics #trucking #news ...more. FreightWaves. 26.1K. Subscribe. 26.1K subscribers.Nov 15, 2023 · FreightWaves truckload freight coverage is your leading source of truckload news and information via freight data. Subscribe now for free. J.H. Walker Trucking has operated in Houston as an expedited oilfield transportation provider for over 30 years. The carrier utilizes everything from pickup trucks to cargo vans to 48-foot flatbed tractor-trailers to transport goods. Walker said his company operates over 200 trucks, delivering 700 to 800 average loads per day.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 …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.Sources told FreightWaves that the attack brought down the company’s operations system — something Marten disputes. Regardless of what befell Marten, the incident marked the single largest publicly known cyberattack on a major carrier in 2021. Ransomware attacks can cripple operations at trucking and logistics companies by …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 ...Tender rejections off to strong start in 2021. · Saturday, January 09, 2021. Photo: Jim Allen/FreightWaves. Due to its calculation and presentation as a seven-day moving average, OTVI remains distorted by the New Year’s holiday. However, even in its trough, we can compare year-over-year (y/y) growth. On an adjusted basis after removing the ...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 ...Mexico has been the top U.S. trading partner since the beginning of 2023, reporting $397 billion in two-way trade from January through June, according to the U.S. Census Bureau. In comparison, Canada was No. 2 at $388 billion and China was third at $276 billion for the same period. “We’ve already observed encouraging growth 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.Apr 1, 2022 · The national spot rate, after reaching an all-time high of $3.83 per mile in early January, now sits at just $3.34 a mile, which includes fuel surcharges and other accessorials. Of the 102 lanes from Truckstop.com’s load board, 25 reported spot rate increases last week, down from 36 lanes the week prior. UPS (NYSE: UPS) has 3,300 pilots who are represented by the Independent Pilots Association (IPA), a separate union from the Teamsters. “If the Teamsters are on strike, we will honor that strike and we will not fly,” IPA spokesman Brian Gaudet told FreightWaves. UPS pilots are allowed under their collective bargaining agreement to …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 ...Instagram:https://instagram. solar edge tech stockhilary in cabobtcwfwsp premium package Podcast. FreightWaves is proud to present its award-winning WHAT THE TRUCK?!? podcast in conjunction with Put That Coffee Down, FreightWaves Insiders, Morning Minute, & more. Timothy Dooner Friday, August 18, 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%. ferrari 275 gtb priceforex free trial 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. dodge and cox global stock fund 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 ». 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.Crews can load a truck with 400 to 450 bee hives in 20 minutes to an hour. Since each hive houses a colony of about 50,000 commercial honeybees, a driver could move more than 22 million bees on a single truck. That is a valuable load, so truck drivers strive to avoid issues and loss of bee life on the journey.