Freightwave.
What MVMNT has created is a reverse-engineered TMS, dubbed TMS 2.0, one that Colin said he’d love to have used when he was in the trenches. The platform’s familiarity and simplicity among industry leaders has quickly led to its widespread adoption. In just two years, over 30,000 carriers have joined the platform.
DECEMBER 3, 2020 // VIRTUAL EVENT. The SpaceWaves virtual event presented by FreightWaves on Dec. 3 will explore future supply chain possibilities in space and how they intersect with new commercial opportunities and advanced rocket technologies. FreightWaves just announced that the keynote speaker will be Mark Wiese, manager for …Web3 min. After 26 years in the transportation industry, with the past 12 years at the helm of the logistics company he founded and bootstrapped in 2011, Dennis Martin says he is winding down operations. In an exclusive interview with FreightWaves, Martin, CEO of SEL Supply Chain Solutions (SELSCS) of Fort Worth, Texas, said his year started off ...4 min. FreightWaves has unveiled its sixth annual FreightTech 100 list, spotlighting the most innovative companies in the freight technology sector. This announcement sets the stage for the FreightTech 25, which will be revealed in November at the F3: Future of Freight Festival in Chattanooga, Tennessee. The 2024 FreightTech 100 directory does ...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.
Almost 30% of firms surveyed by the Japan Trucking Association in 2022 said they had drivers who worked more than 960 hours of overtime a year. Without that …FreightWaves provides news focused on economic and innovative technology drivers for the freight transportation ecosystem.FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our …
Mar 8, 2023 · 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. 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...Web
2022 Top 500 For-Hire Carriers. Download and share our press release template and Top 500 badges (in color and black & white).Parcel delivery is a cost-effective, efficient, and fast option for businesses shipping items up to 150 pounds. And, unlike freight shipping, packages are delivered directly to a residential or business address. Check back here for the latest parcel freight industry news. Mark Solomon Wednesday, November 15, 2023.Headquarters Location. 405 Cherry Street . Chattanooga, Tennessee, 37402, United States. 423-503-3296Nov 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.
A New Realm of Performance and Operations Management. FreightWaves Supply Chain Intelligence is the tool your business needs to create the optimal logistics framework. SONAR customers that leverage SCI reduce transportation costs by 4-10% and increase compliance with confidence through the industry’s most advanced benchmarking tool.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: The logistics boom drives an e-commerce firm’s relocation in Texas; MercuryGate acquires customs software provider International Trade Systems; New Mexico announces two logistics hubs in Santa Teresa; …
The seasonally adjusted inventory-to-sales ratio in January was 2.95. Excluding the spike in 2020 during COVID lockdowns (when sales crashed, temporarily inflating the ratio), the January number was close to the recent high of 3.1 the month before. This January’s inventory-to-sales ratio was a whopping 40% above the January 2019 pre …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.WebA perfect storm is brewing that will push any notable activity on the ocean to the second half of 2023 at the earliest. For one, the Lunar New Year will have an outsized effect on Asia’s manufacturing activity in 2023, possibly taking factories offline for four to five weeks instead of the usual two-week slowdown.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 the economic impacts and outcomes ...Lineage Logistics has raised nearly $7 billion in equity since early 2020. (Photo: Jim Allen/FreightWaves) Temperature-controlled storage and logistics provider …
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 …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. 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.Creating a blueprint for the future. Join us June 21-22, 2023, to learn first-hand how companies are digitally transforming the management of their supply chains. The greatest minds in the transportation, logistics and supply chain industries will share insights, predict future trends and showcase emerging technology the FreightWaves way–with ...Our Founder. FreightWaves 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 ...Web6 min. FedEx plans to remove 29 aircraft from its fleet this year through permanent retirement and temporary storage, fulfilling its new program to eliminate permanent costs and make its logistics network more flexible as global trade slows. CEO Raj Subramaniam said on Tuesday’s earnings briefing that the Express unit will park 20 aircraft in ...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 ...
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. Without logistics, the supply chains that keep ...
Quicklook: Best truck dispatch software. Best for small to mid-sized carriers: Truckbase. Best for third-party logistics (3PL) companies: Trimble Inc. Best for small to mid-sized brokers: ITS Dispatch by Truckstop.com. Best for full fleet management and FedEx contractors: TruckSpy. Best for new or small trucking companies: TruckingOffice.5 best fleet management software systems in 2024. Fleet management software is a critical tool for businesses that rely on vehicles to operate. It can help you track your fleet's location, fuel consumption, maintenance schedule, and driver behavior. Post.Get a near real-time, 360-degree view of your fleet’s daily operations, so you can help reduce costs, increase productivity, stay on top of vehicle maintenance, and make the most of every business day.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. The proprietary algorithm that powers Lane Signal works within the new FreightWaves Scientific Rates Per Mile Indices as follows: FWS.USA – This is a national scientific van rate with a 28-day prediction that continuously changes based on the most recent day’s close tendered data. FWS7.USA – Comparison of historical predictions at 7 days ...Dec 16, 2022 · A perfect storm is brewing that will push any notable activity on the ocean to the second half of 2023 at the earliest. For one, the Lunar New Year will have an outsized effect on Asia’s manufacturing activity in 2023, possibly taking factories offline for four to five weeks instead of the usual two-week slowdown. 10 Jul 2023 ... ... freightwaves Facebook: https://www.facebook.com/FreightWaves/ LinkedIn: https://www.linkedin.com/company/freightwaves/ Instagram: https ...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.
Jun 22, 2023 · 6 min. FedEx plans to remove 29 aircraft from its fleet this year through permanent retirement and temporary storage, fulfilling its new program to eliminate permanent costs and make its logistics network more flexible as global trade slows. CEO Raj Subramaniam said on Tuesday’s earnings briefing that the Express unit will park 20 aircraft in ...
The FreightWaves Pricing Power Index uses analytics and data from FreightWaves’ SONAR platform to analyze the market and estimate the negotiating power for rates between shippers and carriers based on eight key market indicators. Weekly updates can be found below. Michael Rudolph Friday, November 10, 2023.
Sep 27, 2023 · 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 ... 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.S.F. Holdings, the largest courier, expedited shipping and e-commerce operator in China — and the primary delivery provider for online shopping giants Alibaba Group and JD.com — on Wednesday announced plans to acquire a 51.5% stake in Hong Kong-based Kerry Logistics for HK$17.5 billion ($2.3 billion).Feb 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 ... Since FreightWaves provides news and information that focuses on supply chains, their unique perspective saw early indicators of COVID-19's impact at the very ...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 ...Nov 29, 2023 · 2 min. Kuehne+Nagel, the world’s largest 3PL, announced Tuesday it has acquired Farrow, a 112-year-old, family-owned customs broker based in Windsor, Ontario. The acquisition immediately boosts Kuehne+Nagel’s profitability and expands the company’s customs offerings at the Canadian and Mexican borders, according to a news release. John Gallagher. · Wednesday, February 16, 2022. EPA to propose sweeping new truck emissions regs. (Photo: Jim Allen/FreightWaves) Listen to this article. 5 min. The Biden administration will soon propose a regulation aimed at cutting nitrogen oxide (NOx) emissions from heavy-duty trucks. It would be the first such regulation since 2001.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 …
But the strongest performances in April took place at ports on the Gulf and East coasts. The Port of Long Beach last month moved 820,718 twenty-foot equivalent units, up 10% from the previous record set in April 2021. Imports increased 9.2% year-over-year to 400,803 TEUs, while exports dipped 1.8% to 121,876 TEUs.Supply chain data startup FreightWaves has raised $16 million in a new round of funding for its sustainability platform, the company said Wednesday. Logistics and supply chain information help companies navigate the complexities of shipping and delivering products, and FreightWaves provides market insights, news and real-time data for companies ...Flock Freight confirmed to FreightWaves that in all, it had “parted ways” with 45 employees — or about 8% of its workforce — on April 10. “It felt like a gut punch because we weren’t given any reason why we were being let go,” said one former employee. “A lot of us are angry, but I think the majority of us are just really sad.”.Instagram:https://instagram. renb stock3 mo t billhow to get into gold businessbest mortgage lenders in oklahoma Sep 15, 2023 · American approval of labor unions just hit its highest point since 1965, according to a Gallup poll. For the first time ever, a sitting president is even supporting strikes. Steven Greenhouse, a former longtime labor reporter at The New York Times, hesitated to say that we’re in a major uprising for American workers. karyopharm therapeutics inc.stock portfolio tracker 10 Oct 2023 ... For the third year in a row, OneRail, a leading provider of solutions in last mile omnichannel fulfillment, was named to the FreightTech 100 ... how to communicate better books 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%.FreightWaves, the leading provider of freight market intelligence, and Decision Spot, a provider of strategic supply chain planning and design software, are pleased to announce a partnership to ...