Freightwave.

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.WebNow, Convoy and OTR Solutions have issued a joint statement saying that the situation has been resolved. “Earlier today, an article appeared in the press referring to a misunderstanding between Convoy and OTR,” the companies wrote to FreightWaves. “That misunderstanding has been resolved and Convoy is up to date on all payments.XPO is continuing to expand its physical footprint to meet customer demand. The company has added more than 500 net new doors to its service centers nationwide since the end of 2021, with the intention of adding a total of 900 net new doors by early 2024. Additionally, it has added 2,000 new tractors and 8,000 new trailers — hailing from its ...Fuller and Strickland noted that during much of 2023, forecasts from the trucking industry — at least from many of the larger public companies — reflected the relatively strong data points used by economists to measure the health of the economy, such as 4.9% GDP growth and low unemployment. However, “that data suggests that …WebFreightWaves | 147,272 followers on LinkedIn. The World's Freight Market Forecasting and Analytics Platform | FreightWaves is the most trusted provider of global supply chain market intelligence.

MAY 19-20, 2021 // VIRTUAL EVENT. It’s back and bigger than ever. After the volatility of 2020, FreightWaves LIVE @HOME will examine what you can expect for the rest of the year. Listen to pioneering entrepreneurs who can see opportunity on the horizon. Watch transportation and supply chain gurus dive into the lessons learned over successful ...WebSONAR 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 ...

Request a SONAR Demo. Benchmark, analyze, monitor, and forecast your transportation spend with SONAR. Leverage industry leading data on rates, volumes, and capacity to reduce your transportation costs and avoid potential risks to your supply chain. In addition to the fastest, most comprehensive global supply chain data available on the market ...WebSep 1, 2023 · Now, Convoy and OTR Solutions have issued a joint statement saying that the situation has been resolved. “Earlier today, an article appeared in the press referring to a misunderstanding between Convoy and OTR,” the companies wrote to FreightWaves. “That misunderstanding has been resolved and Convoy is up to date on all payments.

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 ... F3: Future of Freight Festival | Nov. 7-9, 2023. Join us in Chattanooga, TN for a festival like no other! Jul 18, 2023 · The Teamsters union has threatened to strike by Monday if this is not resolved and the pension contributions remain in default. The company owes $50 million, a large sum for a company in financial distress. Yellow currently has in excess of $100 million in cash reserves, according to an 8-K filed on July 7. If a strike comes to pass, this would ... The global supply chain has seen more than its fair share of chaos for well over a year now. From global economic lockdowns and cancellations to historic port congestion as 100% of capacity is reached, international maritime trade has seen it all in a short period of time. OceanWaves examines the processes, procedures, and technology that have all been …

Yellow’s senior vice president of sales informed her staff on Wednesday that their last day would be Friday and the less-than-truckload carrier will file bankruptcy on Monday, according to three employees who attended the video call. Yellow ( NASDAQ: YELL) is the third-largest LTL company and employs some 30,000 workers, including …

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

MAY 19-20, 2021 // VIRTUAL EVENT. It’s back and bigger than ever. After the volatility of 2020, FreightWaves LIVE @HOME will examine what you can expect for the rest of the year. Listen to pioneering entrepreneurs who can see opportunity on the horizon. Watch transportation and supply chain gurus dive into the lessons learned over successful ...WebNov 22, 2023 · 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 15 ... 7 min. The Biden administration has announced a huge plan to tackle issues plaguing the U.S. supply chain that covers several cross-government partnerships. In …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 ... Fuller and Strickland noted that during much of 2023, forecasts from the trucking industry — at least from many of the larger public companies — reflected the relatively strong data points used by economists to measure the health of the economy, such as 4.9% GDP growth and low unemployment. However, “that data suggests that …WebChattanooga, 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 ...Web

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. All of the recipients of the FreightTech Award are highlighted below. The FreightTech 25 is listed in numerical order as determined by the hand-picked peer group of CEOs, industry leaders and investors actively investing in freight. The FreightTech 100 is listed in alphabetical order as determined by a panel chosen by FreightWaves.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. Request a SONAR Demo. Benchmark, analyze, monitor, and forecast your transportation spend with SONAR. Leverage industry leading data on rates, volumes, and capacity to reduce your transportation costs and avoid potential risks to your supply chain. In addition to the fastest, most comprehensive global supply chain data available on the market ...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 ...WebFreightWaves SONAR is the world’s first high-frequency market intelligence platform, offering a technical analysis dashboard and API suite that empowers clients with access to freight market developments, often weeks or months before competitors. The creation of SONAR was the brainchild of Craig Fuller, the founder of FreightWaves and the ...

FreightWaves. Software · Tennessee, United States · 249 Employees. FreightWaves, founded in 2016 and headquartered in Chattanooga, Tennessee, operates as an online publication dedicated to global freight, logistics, analysis, and supply chain information.

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 the first half of 2022.11 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 …FreightWaves is the leader in non-biased, user-generated reviews and feedback to help carriers find the best technology partner for their fleet. Konexial is honored to be a FreightWaves Trusted Partner and to showcase the benefits of edge computing technology and our live supply chain™ ecosystem. Kristin Rakoczy, Marketing Director. As one 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. 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.Web11 Aug 2023 ... FreightWaves CEO Craig Fuller joins 'Squawk Box' to discuss the state of the trucking industry and freight economy at large, why the sector ...Congress will soon schedule a vote — as early as next week — on the Ocean Shipping Reform Act of 2022. With bipartisan support in both the House and Senate, the bill is likely to pass. The largest overhaul of shipping regulations since 1998, the legislation broadens the regulatory powers of the Federal Maritime Commission with the goal of ...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 ...WebSome freight broker training class programs charge between $500 and $1,500 for classes that typically range from four weeks to several months. Other classes can cost up to $5,000 or more. Keep in mind there may be additional fees for textbooks, materials, and certification exams.Some freight broker training class programs charge between $500 and $1,500 for classes that typically range from four weeks to several months. Other classes can cost up to $5,000 or more. Keep in mind there may be additional fees for textbooks, materials, and certification exams.

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.

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 …

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 chain industries to share insights, predict future trends and showcase emerging technology at The Future of Supply Chain. This premiere event will include exclusive VIP experiences, …Gostaríamos de exibir a descriçãoaqui, mas o site que você está não nos permite.Not since the initial 2020 COVID-19 outbreak in Wuhan have lockdowns been this extensive in China. “It’s probably worse than Wuhan,” said Jon Monroe, an ocean shipping and supply chain expert who runs a consulting firm. “You’re going to have a lot of pent-up orders. It’s going to be an overwhelming movement of goods” that will ...FedEx began flying 50 years ago and went by Federal Express. (Photo: FedEx) Smith’s professor didn’t think much of the idea, giving it a C grade for being an interesting but not workable concept. Undeterred, Smith borrowed $4 million from his wealthy father and raised millions more in venture capital. By 1971, Federal Express …21 Sept 2023 ... Share this article ... ALBANY, N.Y., Sept. 21, 2023 /PRNewswire/ -- Bestpass, Inc., a comprehensive payment platform provider and the leader in ...6 Mar 2023 ... FreightWaves is a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the ...Craig Fuller is the founder and CEO of FreightWaves, the leading provider of global supply chain market intelligence and news. Prior to FreightWaves, Craig was the founder of TransCard, a major provider of fleet fuel and debit cards. He is also the CEO of FLYING Magazine, the world’s most widely read aviation magazine.WebFreightWaves TV. @FreightWavesTV. Bringing you the latest news and information on freight transportation. Chattanooga, Tenneessee tv.freightwaves.com Joined May 2019. 101 Following. 2,719 Followers.FreightWaves SONAR provides transparency to simplify decision making across transportation teams. Now, SONAR has added features, which went live Thursday, designed to increase pricing efficiency and strategy effectiveness for transportation teams everywhere. Users of Market Dashboard and Market Dashboard+ can now unlock the …

Ontario looking to extend the fuel tax rate cut to Q2 2024. Since July 1, 2022, Ontario has lowered the gasoline tax by 5.7 cents per liter and the fuel tax by 5.3 cents per liter. Proposed legislation extends the rate cuts so the tax rate on gasoline and fuel (diesel) would remain at nine cents per liter.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.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 ...Instagram:https://instagram. best fidelity income fundsmatch stock forecastapp for day tradingforex trade app 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). growgen reddingtop tier prop firm Nov 5, 2023 · 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 “current ... bbby 10q 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 ...SONAR provides users exclusive, real-time insights and actionable intelligence, as well as the ability to benchmark, analyze, monitor, and forecast the global supply chain. SONAR covers all modes – trucking, rail, ocean, and air. Using the SONAR platform, users can monitor all of elements that impact the freight market – trucking spot …