On the other side of the country, the Ontario, California, market has recovered over 14% of its share of the outbound trucking market. Heartland Express announced Monday the acquisition of Contract Freighters Inc. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Federal law requires employers of more than 100 workers to report mass layoffs to state. This amount includes base wages, incentive compensation, per diem, accessorial pay, workers comp, health insurance and retirement benefits. The program will roll out in the fall of 2024. Central Freight Lines is the largest trucking company to close since Celadon ceased operations in 2019. That’s 3% of Uber Freight’s total workforce. trucking history could occur in the coming days when the nation’s third-largest less-than-truckload carrier, Yellow. ’s nationwide ground system. Mahoney has more than 20 years experience as a journalist, working for newspapers in Florida, Maryland and Texas. Founded by Craig Fuller, a former trucking executive and journalist, FreightWaves offers a futures market based on US trucking spot rates, as well as news, data, and analysis on the industry. 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. 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. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. This marks the third Worker Adjustment and. Census Bureau. In the first nine months of 2023, compared to the previous year, income from operations dropped from $421 million to $63 million, an 85% decline. Oct 10, 2023 · The NRF and Port Tracker previously predicted full-year imports for the ports it covers of 22. It will shift the maintenance functions to its Indianapolis regional hub because the transition to a more modern fleet requires less maintenance capacity. 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. Without logistics, the supply chains that keep. Qantas Freight said Monday it made substantial progress over the weekend clearing a huge backlog of freight from its Australian airport facilities, a problem created when a transition to a new IT system didn’t go smoothly. It was the third best October ever for the U. (Jim Allen/FreightWaves) Last month, Teamsters claimed Yellow ( NASDAQ: YELL ), one of the largest trucking companies in the United States, told the union that Yellow would be out. Former employees told FreightWaves they were expected to work more than 60 hours per week to meet sales goals. According to the latest figures from Alphaliner, the orderbook as of Friday was 401 container ships totaling 3. , correspondent for Automotive News, where he focused on regulatory and policy issues surrounding autonomous vehicles, mobility,. UPS pilots are allowed under their collective bargaining agreement to honor. NTI is a seven-day moving average of spot rates that measures the U. Amazon is UPS’ largest customer by revenue, with a bit more than 11% based on the most recent annual data. Because of their expertise in international shipping, air freight forwarders also. Nikola CFO Kim Brady, in a FreightWaves’ interview, dismissed the going concern notice as “accounting language” unreflective of reality. Dec 8, 2023 · According to the U. Xpress, on the verge of being acquired by Knight-Swift, recently laid off about 150 employees as its earnings report filed. Over the past few months, FreightWaves has received more than 1,500 nominations for 423 companies. This is the fifth annual iteration for the award. Mar 11, 2022 · The Future of Freight is a collaboration between FreightWaves and Convoy to highlight the businesses and individuals who are leading this change. during the second quarter, according to CargoNet. Less-than-truckload carrier Yellow Corp. President for North America says ocean carriers need to diversify as demand evaporates. In addition, says the FRA, the almost $80 billion rail freight industry creates more than. Todd Maiden. 8% this year, but airline cargo revenues will tumble 33% to $142. For the first time ever, a sitting president is even supporting strikes. · Monday, August 28, 2023. “We narrowed in on telematics for a couple of reasons,” said Midha. Over the past few months, FreightWaves has received more than 1,500 nominations for 423 companies. · Monday, October 16, 2023. 1 min. Read More ». 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. 4 min. Total drug violations reported into the clearinghouse in 2022, including positive tests and refusals to take a drug test, increased 18% to 69,668 compared with last year’s 59,011, according to the most recent statistics released this week by the Federal Motor Carrier Safety Administration. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. Its two co-founders, Dan Lewis and Grant Goodale, had Amazon and Ivy League credentials. · Monday, July 31, 2023. 1 billion shipments more than had been projected by pre-pandemic forecasts, according to Pitney Bowes (NYSE: PBI) The 2022 levels were not expected to be attained until ’23. There is a rebalancing act taking place that is pushing rates back into equilibrium. Photo: Karen Roach/Shutterstock. Full-year parts revenue was $5. October’s inbound volumes were the highest since August 2022, back when volumes were still inflated by the one-off pandemic boom. 1 million TEUs in both 2021 and 2022, said Verberckmoes. (Photo: Jim Allen/FreightWaves) The biggest bankruptcy in U. The market is not ready to bounce back, Fuller said. This week: Tribal aims for Latin American SMBs using blockchain and crypto; Nuvocargo starts a service aimed at streamlining invoicing and payments; a Japanese air conditioning manufacturer plans a $230 million plant in Mexico; and Mexican seaports handled 9. Company shuts down, bankruptcy filing expected. 22 billion. imports “since at least the early 1980s. 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. An award-winning business journalist with extensive experience covering the logistics sector, Eric spent nearly two years as the Washington, D. Push to reshore US manufacturing motivated by global supply chain issues. ’s (CFI) truckload unit and its logistics unit in Mexico from TFI International for $525 million. A source familiar with the wind-down operations said it was important to Convoy that these carriers were paid. 3, the. Photo: Karen Roach/Shutterstock. Freight shipments and expenditures dipped further in November, according to data compiled in the Cass Freight Index. Conagra Brands (NYSE: CAG) ranked number 4 out [] Read More ». (Photo: Convoy) Convoy Inc. FreightWaves is a platform that tracks and analyzes the spot rates of trucks, trains, and ships, and provides insights on the freight markets and trends. It recently filed a $137 million lawsuit against the union alleging Teamsters leadership didn. The ghost of Paul Volcker is stalking truckload carriers as Fed Chairman Jerome Powell looks to his mentor’s 40-year-old strategy to quell inflation. He also is a trucking industry veteran,. Danaf estimated that number was 18%. 17 billion worth of Christmas decorations from China in 2022. 7%, while prices for warehousing services increased 20. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. So far in 2023, FreightWaves has reported on only seven bankruptcies, a little more than one a month. His suit, filed in Clermont County, Ohio, alleges the case “demonstrates the extraordinary measures TQL will take to harm the career prospects of an employee who has the temerity to leave the company. Port Houston sets annual record with 3. Lori Ann LaRocco. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. 5 min. Learn More. 83 million TEUs in 2024, compared to around 1. Nikola Corp. Separate internal documents showed the procedures for closing the facilities as well as “talking points” to be used when. FreightWaves is a platform that tracks and analyzes the spot rates of trucks, trains, and ships, and provides insights on the freight markets and trends. Her reporting on the logistics industry has been featured in the New York Times, the Wall Street Journal, Bloomberg, Vox, and additional digital and print media. “We narrowed in on telematics for a couple of reasons,” said Midha. Without logistics, the supply chains that keep. -Mexican border has slowed over the past two weeks as U. Census Bureau. The key IRS per diem rate is staying steady in the upcoming fiscal year. 34 million TEUs in 2023 and 2. 7, 2020, amid the IMO rule transition. (Photo: Jim Allen/FreightWaves) WASHINGTON — Truck manufacturers are pushing back hard against the Environmental Protection Agency’s proposal to drastically cut carbon emissions from heavy trucks beginning in model year 2028. 1 limit for total Neopanamax reservation slots (for all ship types) — and it’s just an average, meaning that on many days over the past two fiscal years, there were more than five container ship transits. 97 million TEUs. Its two co-founders, Dan Lewis and Grant Goodale, had Amazon and Ivy League credentials. Eric is the Supply Chain and Air Cargo Editor at FreightWaves. said Wednesday it will combine three of its operating units into one business known as Federal Express Corp. FreightWaves announced on Wednesday the latest FreightTech 100 — a selection of the most innovative companies in the freight technology space. CMA CGM is the latest carrier to report on the challenging environment and the massive loss of revenues. October’s inbound volumes were the highest since August 2022, back when volumes were still inflated by the one-off pandemic boom. The shakeout in autonomous trucking struck in full force in 2023, leaving three leaders targeting commercial routes without humans in the cab and a couple of late entries on the periphery. Yes, Virginia, the 2024 rate increases look similar (Photo: Jim Allen/FreightWaves) Listen to this article. 6 min. FreightWaves’ Clarissa Hawes reported that Illinois-based Marvin Keller Trucking filed for Chapter 11 bankruptcy on April 22. FreightWaves’ Clarissa Hawes reported that Illinois-based Marvin Keller Trucking filed for Chapter 11 bankruptcy on April 22. Logistics and supply chain experts are sounding the horn warning that the ripple effects of the targeted United Auto Workers strike manufacturing strikes against the Detroit Three will hit the trucking industry hard and could leave the smaller tier 2 and 3 suppliers filing for bankruptcy. · Monday, July 31, 2023. Danaf estimated that number was 18%. Dec 11, 2023 · According to screenshots from the Convoy app reviewed by FreightWaves, Adrian’s company is owed around $3,500 for six different loads completed from Oct. (Infographic: FreightWaves) The typical 15-barge tow is capable of hauling cargo totaling 22,500 tons, 767,500 bushels or 6. number 1, Freightwaves is always forecasting doom and gloom for an industry they think they know, rarely does it ever happen. All of the rail intermodal segments — domestic and international — “are. 83 ($0. Eric is the Supply Chain and Air Cargo Editor at FreightWaves. 45 billion, both records. border officials to provide a timeline for when freight rail operations might resume at U. Yes, Virginia, the 2024 rate increases look similar (Photo: Jim Allen/FreightWaves) Listen to this article. Over the past few months, FreightWaves has received more than 1,500 nominations for 423 companies. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Transportation infrastructure across the U. It’s back and bigger than ever. announced Tuesday evening a restructuring of its FedEx Express international air network in an effort to boost its largest unit’s sagging profits amid continued macro weakness. Check back to stay up to date on the latest freight industry trends and news. Eric is the Supply Chain and Air Cargo Editor at FreightWaves. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Data: Descartes Datamyne) Imports have surged 33% from their recent low in February. for-hire, over-the-road dry van trucking market. 23, 2023: Uber Freight, approximately 3% of workforce. The scale of the upcoming deliveries is unprecedented. 7 min. “Following the once-in-a-lifetime pricing boom in 2021, the used-truck market in 2022 started coming back down to Earth as the freight environment. The Panama Canal is the preferred choice of U. (Photo: Jim Allen/FreightWaves) Less-than-truckload carrier Yellow Corp. An award-winning business journalist with extensive experience covering the logistics sector, Eric spent nearly two years as the Washington, D. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. FreightWaves’ price, demand, and capacity data allow customers to benchmark, analyze, monitor, and forecast the global physical economy. “In the first half of 2022, demand for excess. SONAR: FreightWaves TRAC rate from Los Angeles to Dallas. Carriers weigh in on peak season expectations at Morgan Stanley's investor conference. SONAR: FreightWaves TRAC rate from Los Angeles to Dallas. 1 day ago · The rest of 2023 has proved to be brutal. Mark Solomon. Jul 31, 2023 · Company shuts down, bankruptcy filing expected. is offering pilots an early retirement package to reduce payroll amid declining package volumes. An award-winning business journalist with extensive experience covering the logistics sector, Eric spent nearly two years as the Washington, D. Yellow contends the “union’s breaches of the collective bargaining agreement” have resulted in the missed payment. Roughly half of Yellow’s Teamster employees are covered by Central States. (Photo Credit: Jim Allen/FreightWaves) Listen to this article. It recently signed a 10-year agreement with Waabi, a newer entry to the Level 4, high-autonomy space, to schedule loads on its digital freight network. A 1938 law guaranteed most American workers minimum wage and time-and-a-half pay if they worked more than 40 hours in one week. will be “closing down its core business operations,” the company’s employees were starkly told Thursday, roughly one day after its fate was suddenly and publicly thrown into doubt. Joe Howard, a 20-year logistics industry veteran, warns of load-board scammers popping up in Southern California. Recruiting and keeping drivers remains a difficult task for carriers, but several. FreightWaves and Convoy recently teamed up to present the first annual Shipper of Choice Award to a top-notch manufacturer, distributor or retailer. Convincing consumers may be trickier, however. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. said Wednesday it will combine three of its operating units into one business known as Federal Express Corp. Dec 12, 2023 · Total funding. The U. FreightWaves’ John Kingston first reported on Jan. 6 min. 1% above the 2019 level. Asked about the likelihood of a work stoppage if the payment isn’t made, Yellow declined further. Freight broker Coyote Logistics is looking to again reduce its workforce as it struggles. Eric Kulisch Monday, December 18, 2023. In an email to FreightWaves, Prasad Sharma of Scopelitis said F4A can preempt a negligence claim under state law if it can be shown that the claims are related to the the prices/routes/services combination, and that the claim doesn’t “fall within the exception to preemption for the safety regulatory authority of a state with respect to. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Read More ». The Logistics Managers’ Index tanks as May progresses. 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. Recruiting and keeping drivers remains a difficult task for carriers, but several. In order to better understand its customer base from the very beginning, RXO partnered with FreightWaves to conduct research on how both shippers and carriers feel about the current freight market, contracts and the spot market. 007/day in the prior three. 8% more loaded. Carriers weigh in on peak season expectations at Morgan Stanley's investor conference. — TuSimple Holdings needs closure on a raft of investigations before it can reclaim technology leadership in the nascent autonomous. 3, the. An award-winning business journalist with extensive experience covering the logistics sector, Eric spent nearly two years as the Washington, D. Data: Descartes Datamyne) Imports have surged 33% from their recent low in February. 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. executives on Wednesday outlined how the company will restructure its air network by downgrading to surface transportation where possible, outsourcing more flights, implementing more direct routes and streamlining ancillary support functions like maintenance to save $700 million annually. Asked about the likelihood of a work stoppage if the payment isn’t made, Yellow declined further. The inspections overseen by the Texas Department of Public Safety (DPS) resumed Wednesday at the Ysleta-Zaragoza International Bridge in. WASHINGTON — The National Transportation Safety Board came down hard on the Federal Motor Carrier Safety Administration after the board found that a fatigued driver of a milk-hauling tank truck was abusing the hours-of-service agriculture exemption — with little oversight of the exemption from FMCSA — when he was involved. ’s National Health Service (NHS) in collaboration with Apian — which, interestingly, partnered with Wing in August. 5 min. FreightWaves, a Chattanooga, Tennessee-based company that provides high-frequency supply chain market intelligence, has been named to Deloitte's Technology Fast 500 list for the third year in a row. Use the SONAR platform to project freight rates, fuel and operating costs, equipment values and. Supply chains expect to receive big IT investment in the coming years, an MHI-Deloitte report says. 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 data and actionable intelligence. (Photo: Jim Allen/FreightWaves) Recruiting and keeping qualified workers remains the top challenge for supply chain executives, according to the industry’s annual report card on industry. The president of Estes Express went online Tuesday to announce all the company’s operations are back to normal and it has overcome a massive cyberattack. Robinson raised the threat of greatly increased 3PL liability in lawsuits over truck accidents, is looking to several ongoing court cases that could reverse the impact of that decision. shippers heading to the East Coast because it is faster than going through the Suez Canal. Driver detention. The AFCLF has been working directly with the People’s Convoy co-organizers. Robinson’s board deliberated for months, it seems, on who. 86 per week through July 29, increasing to $507. Yellow ( NASDAQ: YELL) said the union doesn’t have the authority to stop a proposed change of operations. Oct 10, 2023 · The NRF and Port Tracker previously predicted full-year imports for the ports it covers of 22. USA) shows tender load volumes for the U. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. The Office of Secure Transportation is part of the NNSA, which is a semi-autonomous agency within the U. Kehoe, Slync’s former chief of staff and retired U. OEMs say EPA's EV truck rule does not address a lack of charging capacity. That figure is 18% more than the average compensation from 2019. Noi Mahoney. The FreightWaves Chart of the Week is a chart selection from SONAR that provides an interesting data point to describe the state of the freight markets. Solomon began his journalistic career in 1982 at Traffic World magazine, ran his own public relations firm (Media Based Solutions) from 1994 to 2008, and has been at DC Velocity since then. The program will roll out in the fall of 2024. The company was established in 1965 and, according to a Federal Motor Carrier Safety Administration database, remains in business. The TX-18 debuting this July in Peterbilt and Kenworth heavy-haul trucks for on- and off-highway uses doesn’t drive like the family. SONAR's comprehensive and high-frequency data from across global freight markets is combined with the most comprehensive forecasting tools in the industry, providing users. FreightWaves announced on Wednesday the latest FreightTech 100 — a selection of the most innovative companies in the freight technology space. WASHINGTON — The National Transportation Safety Board came down hard on the Federal Motor Carrier Safety Administration after the board found that a fatigued driver of a milk-hauling tank truck was abusing the hours-of-service agriculture exemption — with little oversight of the exemption from FMCSA — when he was involved. luckycrusj, kristen hancher
15 per mile — up 23% from May 1. . Freightwaves
They lost out on any bump in contract rates earlier this year. Jan 24, 2023 · In May 2017, Deloitte tweeted that 10% of global GDP would be built on top of blockchain applications. The NRF and Port Tracker previously predicted full-year imports for the ports it covers of 22. This marks the third Worker Adjustment and. Data: Descartes Datamyne) Imports have surged 33% from their recent low in February. The spread then collapsed during the first year of COVID, sinking to a mere $45 per ton on Nov. They can be incentivized by carrier pricing that skirts residential delivery surcharges. Founded by Craig Fuller, a former trucking executive and journalist, FreightWaves offers a futures market based on US trucking spot rates, as well as news, data, and analysis on the industry. In one of the largest truckload carrier sales in history, Knight-Swift (NYSE: KNX) said it is paying. FreightWaves is shaking up the industry once again with an all new freight experience. Five drivers were connected to FreightWaves through Yellow’s spokesperson, who remained on the phone with each interview. 9% general rate increase on residential ground deliveries in 2023, which matched FedEx and UPS. Year to date, it has cut 6,500 jobs, which it has not previously disclosed. Users can also drill down to specific regions and market granularity. 3 trillion, representing 9. Over the next few months, Brian kept writing about the freight markets and how technology, regulations, and economic activity were impacting them. · Sunday, July 03, 2022. (Photo: Jim Allen/FreightWaves) An 11-judge panel will hear California’s appeal of the AB5 case known as Olson, a suit that earlier this year led to a victory for Uber and Postmates in their battle against the state’s independent contractor classification law. These strategies tend to self-reinforce, as in the case of The Home Depot’s. 7 million on the truckers’ behalf. FreightWaves also spoke to two former Convoy employees who worked with carriers. (Chart: FreightWaves based on data from NRF/Port Tracker). Roughly half of Yellow’s Teamster employees are covered by Central States. 9 min. Department of Transportation Federal Railroad Administration, the U. One study found that American companies. One of Kraft Heinz’s most profitable brands, Lunchables, is signing a deal with grades K-12 schools across the country — potentially launching Big Cheese, Ham and Crackers into unknown heights. · Tuesday, September 26, 2023. Subscribe now. , correspondent for Automotive News, where he focused on regulatory and policy issues surrounding autonomous vehicles, mobility,. student loan deferral program, which could create cash flow challenges for households and suppress consumer spending. 3, 2022, when rail conductor Brian Raleigh got the call from Norfolk Southern that he would need to come into work. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. In the letter from the Seattle-based digital. 4% in mid-2020. However, former TQL employees told FreightWaves that only around 5% actually make it once they transition to a commission-only system. However, former TQL employees told FreightWaves that only around 5% actually make it once they transition to a commission-only system. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2. At one point, FreightWaves reported on 10 trucking bankruptcies in a single week. Yellow may be out of options if the Biden administration doesn't intervene. “If the Teamsters are on strike, we will honor that strike and we will not fly,” IPA spokesman Brian Gaudet told FreightWaves. The ghost of Paul Volcker is stalking truckload carriers as Fed Chairman Jerome Powell looks to his mentor’s 40-year-old strategy to quell inflation. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Nov 16, 2022 · Stay informed with timely updates on freight trends that could impact your business. 63 million twenty-foot equivalent units (TEUs). 08 per week through July 2024, the notice stated. 34 million TEUs in 2023 and 2. Shipping giant Maersk warned in a customer advisory on May 26 that Los Angeles and Long Beach “remain. A Georgia-based trucking company, which reported a significant drop in revenue this year compared with the previous two years, filed for bankruptcy liquidation on Friday. In a statement posted Tuesday morning on X, formerly known as Twitter, the company said, “ our terminals and drivers are. Nov 16, 2022 · Stay informed with timely updates on freight trends that could impact your business. Lori Ann LaRocco. Company scaling back warehouse footprint amid e-commerce slowdown. Convincing consumers may be trickier, however. Each week a Market Expert will post. Eric is the Supply Chain and Air Cargo Editor at FreightWaves. “The balance of trade is favorable, and both India and Vietnam’s focus on our industry is. The World's Freight Market Forecasting and Analytics Platform | FreightWaves is the most trusted provider of global supply chain market intelligence. — TuSimple Holdings needs closure on a raft of investigations before it can reclaim technology leadership in the nascent autonomous. One of the main benefits of the LTL industry is cost efficiency. (Photo: Jim Allen/FreightWaves) Supply chain activity hit a new low in June, according to data collected in the Logistics Managers’ Index (LMI). President for North America says ocean carriers need to diversify as demand evaporates. Eric is the Supply Chain and Air Cargo Editor at FreightWaves. More FreightWaves articles by Todd Maiden. A joint petition filed by the Truck Safety Coalition, Citizens for Reliable and Safe Highways, and Parents Against Tired Truckers stated that an electronic. Join us as we explore how to make disruptions a thing of the past and look at emerging trends. Lori Ann LaRocco. Supply chain shifts and a relatively inexpensive transportation. Dec 12, 2023 · Total funding. A Friday letter penned by Yellow Chief Financial Officer Dan Olivier is asking for a deferral for plan contributions for the months of July and August. This marks the third Worker Adjustment and. 7 min. Freightwaves Tech Newsletter (Tuesday | Weekly) Stay up to speed on the latest technology and trends impacting the freight industry with this weekly newsletter. “Everything was good. FreightWaves SONAR: MerQube FreightWaves Supply Chain Tech Index (Total Returns, white; and Price Returns, green). trucking history could occur in the coming days when the nation’s third-largest less-than-truckload carrier, Yellow. Total funding. Eric Kulisch Monday, December 18, 2023. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2. Deutsche Post DHL (OTCUS: DPSGY) is using extraordinary profits to bankroll new. · Monday, July 31, 2023. Eric Kulisch Monday, December 18, 2023. Unionized LTL carriers’ market share dropped from 42% in 2002 to 22% in 2022. ’s new 18-speed automated manual transmissions prove their worth long before approaching a 15-degree hill on Eaton Corp. Air China Cargo is adding Airbus freighters to its fleet after previously operating Boeing jets. 15 to 18. FreightWaves is a platform that provides high-frequency data and insights on the global supply chain, logistics, and trucking industries. UPS pilots are allowed under their collective bargaining agreement to. 9% year over year (y/y) in the month and off 1. Founded by Craig Fuller, a former Wall Street trader, SONAR aims to bring transparency and intelligence to the freight marketplace. Sep 26, 2022 · FreightWaves is a platform that provides high-frequency data and insights on the global supply chain, logistics, and trucking industries. According to research firm Pitchbook, the company has raised over $262 million to date. imports, with the exception of the boom-inflated months in 2020 and 2021. “In the first half of 2022, demand for excess. Jun 22, 2023 · Eric is the Supply Chain and Air Cargo Editor at FreightWaves. Stay tuned for the latest in illustrated content! FreightWaves is the number one source for freight and logistics news across the globe. In the chart above, the Inbound Ocean TEU Volume Index from China to the U. 3 billion in 2022, an 8% increase compared to 2021. The pay for one 150-mile trip dropped from $1,400 to $900 in just two weeks. saw a sharp rise in cargo thefts during the second quarter — with thieves targeting everything. · Monday, August 28, 2023. The company was established in 1965 and, according to a Federal Motor Carrier Safety Administration database, remains in business. Eric Kulisch Monday, December 18, 2023. There were 582 cargo thefts in Canada and the U. Trade in total goods between Texas and Mexico reached $285. The integrated express carrier. But the OnTrac-LaserShip GRI is just for show. , correspondent for Automotive News, where he focused on regulatory and policy issues surrounding autonomous vehicles, mobility,. Truckload carriers across the U. . phone service repair near me