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FedEx Freight, the less-than-truckload arm of FedEx Corp. and the nation’s largest LTL carrier, said Saturday it will furlough an undetermined number of drivers starting in early December. The furloughs are scheduled to last about 90 days, during which time affected workers will continue to receive health benefits and will be allowed to file ...Maersk — which pre-reported record Q2 2021 results on Monday — estimated that global container shipping demand was up only 2.7% in the second quarter versus the same period two years ago, prior to the pandemic. And yet, Maersk’s average freight rate (including both contract and spot business) was $3,038 per forty-foot equivalent unit, up ...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 …2022 Top 500 For-Hire Carriers. Download and share our press release template and Top 500 badges (in color and black & white).27 thg 3, 2023 ... Eric Kulisch, an author at reporting agency FrieghtWaves, was told FedEx is offering to relocate the technicians to Indianapolis. Kulisch ...

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.

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%.

9 thg 4, 2022 ... Frieghtwaves.com reported Friday: At the Pharr-Reynosa International Bridge, 2,516 commercial trucks crossed on Thursday, a 35% decline ...6 min. Air Transport Services Group, a diversified provider of cargo aircraft and transportation services, has fired CEO Rich Corrado and replaced him with Joe Hete, the current chairman of the board who previously ran the company for 17 years. The announcement late Monday afternoon coincided with the company’s publication of third …Aug 30, 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. Nov 16, 2023 · 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. F3: Future of Freight Festival. 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 ...

Dec 5, 2022 · 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.

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.

FreightTech Awards. The FreightTech Awards: Top Innovators as Voted by the Industry honor innovation and disruption within the industry. Nominations are narrowed down to the FreightTech 100 which is then voted on by a hand-picked peer group of CEOs, industry leaders and investors actively investing in freight to select the FreightTech 25.revenues (Frieghtwaves). 70% of consumers prefer the cheapest form of last-mile delivery while 23% optfor same-day delivery (McKinsey). With 27% share ...Find the official App from FreightWaves developer and click on the Install button. Step 4: Upon successful installation, you can find FreightWavesTV on the home …Here are nine of the highest-paying jobs in trucking you may consider. 1. Ice road trucking. Ice road truckers can earn between $30,000 and $40,000 in just three months, making them some of the highest-paid drivers there are. However, this impressive salary comes at a cost. Ice road trucking can be a dangerous job.A review of top FreighTech trends of 2023. (Photo: Jim Allen/FreightWaves) For the past five years, global shippers have experienced constant disruption from unforeseen events, pushing logistics providers to provide robust solutions for more resilient supply chains. Freight forwarding platforms, real-time visibility and warehouse robotics have ...7 min. WASHINGTON — Trucking companies should be better protected against unpaid claims that are due them from brokers under a new rule issued by the Federal Motor Carrier Safety Administration. The rule, proposed earlier this year and made final on Wednesday, amends regulations addressing broker and freight forwarder …

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.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.Sep 25, 2021 · The root cause is the extraordinary government stimulus that has stimulated demand. DOT wants supply chain disruption data, including information on container and chassis shortages. (Photo: Jim Allen/FreightWaves) As the money flowed from the government, it ended up in the hands of consumers and businesses that spent it. FrieghtWaves. Market strength. Execution strength. NOTABLE CLIENTS. Amazon. Starbucks. Walmart. Dollar General. Walgreens. Commercial outcomes. Sales model and ...The last time China conducted live-fire exercises around Taiwan, in 1995-1996, commercial shipping traffic using the strait and trade with Taiwan was far less significant. Any escalation of tensions would create yet another major threat to global supply chains. If the strait were ever closed to commercial traffic, it would be a negative for ...

FreightWaves LIVE. FreightWaves LIVE: Events Podcast. Trucking. Wanna succeed as a small carrier? Get to know your neighbor. The pandemic hype about $4-per-mile truck rates lasting forever crashed to earth in the past year, leaving disillusioned small carriers looking to get out. Read More ».

The root cause is the extraordinary government stimulus that has stimulated demand. DOT wants supply chain disruption data, including information on container and chassis shortages. (Photo: Jim Allen/FreightWaves) As the money flowed from the government, it ended up in the hands of consumers and businesses that spent it.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 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 ...Union leaders criticize precision scheduled railroading. The implementation of precision scheduled railroading (PSR) has contributed to dwindling morale and could result in creating unsafe working conditions should the federal government withhold intervention, according to union witnesses at a June 20th Congressional hearing …Today’s rate wars may seem amplified compared to the 2020-22 cycle when pandemic-related delivery volumes spiked hard and carriers had the effective run of the pricing table. In contrast, delivery demand today is quite soft, mirroring the broader goods-ordering weakness pervading the general economy. Parcel carriers invested billions of ...John Kingston. · Friday, November 03, 2023. Job totals in truck transportation declined for the fourth time in five months. (Photo: Jim Allen/FreightWaves) Employment in the truck transportation sector in October recorded its fourth decline in the past five months as total jobs in that classification are now down more than 30,000 since its ...Here are nine of the highest-paying jobs in trucking you may consider. 1. Ice road trucking. Ice road truckers can earn between $30,000 and $40,000 in just three months, making them some of the highest-paid drivers there are. However, this impressive salary comes at a cost. Ice road trucking can be a dangerous job.

2/23/23 11:00 am. There were plenty of pandemic days when fear of diesel shortages and outright unavailability gripped the trucking market. Gary Bevers, long-time consultant to the fuel distribution supply chain, speaks …

FreightWaves Founder and CEO Craig Fuller writes about the impact of the Russia-Ukraine conflict on the U.S. freight system. Read More » Eric Kulisch Monday, March 7, 2022 Drivers taking up arms for Ukraine worsens European trucker shortage The truck driver shortage in the U.K. and Europe is getting worse with cross-border traffic being ...

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 ...5 min. 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 ...The Panama Canal water-level crisis would be having a greater effect on U.S. farm exports if outbound volumes were higher. Canal restrictions are coinciding with a period of reduced American exports, due to both lower crop production and low water levels in the Mississippi River. USDA data on inspections of agribulk export cargoes shows year-to ...pdf (accessed January 8, 2022). 13 “How Many Miles Do Truck Drivers Drive a Day?” (June 2, 2022). FrieghtWaves Ratings, https://ratings.freightwaves.com ...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.FreightTech Awards. The FreightTech Awards: Top Innovators as Voted by the Industry honor innovation and disruption within the industry. Nominations are narrowed down to the FreightTech 100 which is then voted on by a hand-picked peer group of CEOs, industry leaders and investors actively investing in freight to select the FreightTech 25.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 …Senior Editor, Frieghtwaves. January 12, 2022 (Source). Photo From MOTOA Group. "Asia-US West Coast prices (FBX01 Daily) ticked up 2% to $14,924/FEU. This rate ...Sep 29, 2023 · 5 min. Mixing up the difference between a freight market suffering from low rates and rejection rates and one in which volume is relatively robust remains a feature of the current shipping environment. That is one of the takeaways from the September edition of FreightWaves’ State of Freight webinar, on which Director of Freight Market ...

5 min. 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 ...26 thg 5, 2022 ... Frieght waves (Miller, 2021) Miller, G. (2021, September 3). How long does it take to build a shipping container? FreightWaves. Retrieved ...2 thg 6, 2023 ... (Eric Kulisch - Frieght Waves). Posted by Michael Carter at 6:18 AM No comments: · Email ThisBlogThis!Share to TwitterShare to FacebookShare to ...Instagram:https://instagram. tesla stock buy or sellbecoming a day traderwockhardttstock vt Dooner is talking to FreightWaves’ CTO about the story behind SONAR; Alan Adler on the Peterbilt 589 and tanking AV stocks . Read More » Timothy Dooner Monday, May 22, 2023 Truckers vs. Buc-ee’s, launching a Titan and market stability – WTT Now on demand on WHAT THE TRUCK?!? Dooner is joined by Titan Logistics Services …20 thg 4, 2021 ... Nhu cầu đặt chỗ (booking) vẫn tăng. Nền tảng SONAR của FrieghtWaves có một chỉ số độc quyền về số lượng đặt chỗ vận chuyển đường biển của chủ ... 24 tesla model 3oil tanker stocks 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. ps5 number Box demand normally sees modest upticks of 1% to 2% each year. But government stimulus and the shift from service to goods demand through 2020 and 2021 shocked box demand into some of its fastest growth in history. Prices rose as much as 55% through this time, Josephson said. A hangover after a yearslong cardboard carnival …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 emailFreightWaves 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.