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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 ...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%.FreightWaves. 70621 likes · 1882 talking about this · 65 were here. FreightWaves is the most trusted provider of global supply chain market intelligence.We also use DAT to monitor supply curve trends and find the safest carriers and best prices. Feightwaves Sonar. Sonar gives us a comprehensive view of ...

SONAR’s van contract rate index, which is derived as the national average contract rate from over $40 billion of actual contracted loads between shippers and carriers, is currently at $2.74/mile, down from a high of $2.98/mile set on June 3, 2022. The drop of $0.24/mile represents a 9% drop in two months — and reverses all of the contracted ...

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.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 email

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. GoComet’s port congestion tracker analyzes more than 45000 containerized shipments per month at major ports across US, EU, EMEA and SEA regions. Supported by GoComet platform’s real-time container tracking data, our machine learning algorithm calculates congestion/delays at ports based on the turnaround times of these containers at a given ...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. 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 ...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 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...

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 …

Nov 13, 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. 3 min. Brad Jacobs has chosen the vessel for his next act. The man who put together the XPO freight conglomerate and then sold it off in pieces to leave behind the LTL-focused XPO, stand-alone 3PL RXO and contract logistics company GXO is leading a $1 billion investment in a company called SilverSun Technologies, which is publicly traded on the ...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%.The exact number fired hasn’t been confirmed. Millikin told FreightWaves in a statement on Monday that TQL, whose website states it has more than 5,000 employees, doesn’t “comment on employee matters.”. Several current TQL employees reached out to FreightWaves to defend their former colleagues, saying many of those recently fired …Oct 23, 2023 · 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, we all ...

A Flourish data visualization. FreightWaves targeted the survey at owner-operators from Feb. 9-17 and heard from roughly 120 carriers in all. More than three-quarters of those identified as owner-operators, and another 6.7% answered “no, but I was for part of 2022.”. Only results from current owner-operators were considered in the analysis.Keep up-to-date on freight industry insights and current events to improve your business strategy. Like what you see? Subscribe now.Oct 23, 2023 · 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, we all ... ArcBest’s ( NASDAQ: ARCB) shares jumped 16% on its third-quarter report . Yellow’s trailers parked along a fence at a shuttered Houston terminal. (Photo: Jim Allen/FreightWaves) The company’s asset-based segment, which includes LTL carrier ABF Freight, saw shipments decline 2.7% from the second quarter.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.A Flourish data visualization. FreightWaves targeted the survey at owner-operators from Feb. 9-17 and heard from roughly 120 carriers in all. More than three-quarters of those identified as owner-operators, and another 6.7% answered “no, but I was for part of 2022.”. Only results from current owner-operators were considered in the analysis.

UPS Airlines (NYSE: UPS) flights to Israel are still suspended, spokeswoman Michelle Polk said. “UPS is closely monitoring the situation and we have temporarily suspended operations in Israel including all inbound and outbound flights until further notice,” the Atlanta-based logistics integrator said in an online service bulletin.

A big rig will get around 6 miles per gallon. Most big rigs in the U.S. have tanks that range in capacity from 120 gallons per tank up to 150 gallons and depending on the radius of operation, may have one tank for shorter hauls or two tanks for longer ones. For fleets that are weight conscious, they often choose to run just one tank allowing ...Noi Mahoney. · Monday, September 25, 2023. There were 582 cargo thefts in Canada and the U.S. during the second quarter, according to CargoNet. (Photo: Jim Allen/FreightWaves) Listen to this article. 6 min. Truckload carriers across the U.S. saw a sharp rise in cargo thefts during the second quarter — with thieves targeting everything from ...He can be reached for comments and tips at [email protected]. The White House recently publicized Flexport for facilitating purchases of sustainable aviation fuel because of the California connection to Asia-Pacific trade and sustainability, although the program isn’t particularly novel.9 min. Peak shipping season is coming soon — and the “parking lot” of container ships stuck at anchor off the coast of California is still there, with Oakland surpassing Los Angeles/Long Beach as the epicenter of congestion. Shipping giant Maersk warned in a customer advisory on May 26 that Los Angeles and Long Beach “remain …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 emailAlthough 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 ...David Heller, vp of government affairs, TCA, and Caitlin Smith, government affairs manager, TCA. · Monday, March 21, 2022. The U.S. DOT found that the truck parking shortage exists in every state and region, but it did not include dedicated funding for truck parking in the recent infrastructure bill. (Photo: Jim Allen/FreightWaves)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 …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.

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Volvo Trucks North America will show its SuperTruck 2 concept at the American Trucking Association's convention in Austin, Texas from Oct. 14-17. (Photo: Volvo Trucks North America) Volvo Trucks North America (VTNA) appears to have adopted a European rigid chassis design for its SuperTruck 2 design exercise in improved freight …

Feb 3, 2022 · FreightWaves Insiders – Episode 1: The Sultan of SONAR. This is FreightWaves Insiders. Step inside the tribe as our market experts share their boots-on-the-ground experience from the front lines of FreightTech’s emergence. On our first episode, Zach “The Sultan of SONAR” Strickland joins Tim Dooner to discuss how his experience in ... 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 ...4 min. The beleaguered freight division of Qantas Airways said late Thursday that it could take another two weeks for some key cargo terminals in Australia to dig out from the logjam of shipments caused by a troublesome switchover to a new cargo management system. Data from the legacy system was supposed to be integrated into the new one, …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.The indexes, which are derived from surveys of carriers, brokers and shippers, measure near-term and longer-term profitability, workforce and business investment sentiment. For the first time since we started tracking sentiment in Q4 2022, an overall score has fallen into the negative. FreightWaves SONAR: NTI.USA (white) and NTIF.USA (green).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 ...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. Ahora veremos como Descargar FreightWavesTV para PC con Windows 11 o 10 u 8 o 7 portátiles usando MemuPlay. Paso 1: Descarga y Instalar en pc MemuPlay en …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.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.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 ...

Major U.S. and European airlines ranging from Air Canada to United Airlines, Air France-KLM and Lufthansa Group reported revenue declines of 25% to 40% for cargo during the three-month period, with the Lufthansa Cargo freighter unit barely breaking even. Korean Air’s cargo revenue fell 51%. Logistics behemoth Kuehne+Nagel said revenue for ...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 …Jul 18, 2023 · The Teamsters union has a $300 million to $350 million fund to support workers with strike pay, but UPS pilots who don’t report to work will bear the burden on their own. “We don’t have a strike fund,” said Gaudet. UPS pilots ratified a two-year contract extension last August. Bascome Majors, a senior transportation equity analyst at ... Instagram:https://instagram. top gaming stocksstock price cartbest place to forex tradeceqp stock price 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.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. what are the chances of a government shutdown 2023cost of in home care for elderly A big rig will get around 6 miles per gallon. Most big rigs in the U.S. have tanks that range in capacity from 120 gallons per tank up to 150 gallons and depending on the radius of operation, may have one tank for shorter hauls or two tanks for longer ones. For fleets that are weight conscious, they often choose to run just one tank allowing ... anthem blue cross epo vs ppo An Elite Transit spokesperson wrote in an email to FreightWaves that “there are still employees” working at the freight brokerage. After initially firing the majority of Elite Transit’s remaining workforce via Microsoft Teams on Nov. 3, which ex-employees stated was around 65 employees, Johnson kept on around 10-12 employees.Historical delivery data from Clarksons shows that annual fleet growth averaged 970,000 TEUs in 2001-20. Deliveries in 2023-24 will be 2.6 times higher than that average. The previous single-year record for annual growth was 1.7 million TEUs in 2014, according to Clarksons data, well below what’s to come.