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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; and a Texas ...Rob Estes remains chairman, CEO. Estes announces the next generation of leadership. (Photo: Jim Allen/FreightWaves) The nation’s largest private carrier, Estes Express Lines, said Tuesday that Webb Estes has been named president and chief operating officer. Estes is a fourth-generation leader for the family-owned, less-than …Supply Chain Events & Logistics Conferences. Join us for the latest insights on emerging issues and trends within the transportation industry. Our FreightWaves TV events and freight conferences give you the opportunity to make connections, stay up-to-date and prepare for what lies ahead. Get started by exploring upcoming FreightWaves events ...As of 2014, Harbor Freight Tools does not offer franchises. The company owns all of its stores and operates a real estate department that assesses potential locations for future stores.SONAR SCI is a groundbreaking data and analytics platform with all of SONAR’s features and data – and more. SCI subscribers have access to existing SONAR data, including $100 billion of freight invoices submitted daily. Invoices include what shippers actually pay carriers– not self-reported data. SCI subscribers get access to the only ...

FreightWaves RatingsNov 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.

1 min. The December 2023 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what to expect in the coming weeks. The data contained within the report provides breakdowns of capacity, volumes and rates. In this report, you will ...Forecast. Using SONAR, you can project freight rates, fuel, operating costs, equipment values, and market activity—for the next 24 hours and all the way up to a year. 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 ...

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 ...As we come closer to the end of 2023, it makes me reflect on the past 12 months. And although the initial reaction might be that there has been a lot of negative news and events in the logistics industry such as strikes, bankruptcies, security incidents, weather events, etc., there are also many positive things that occurred in the last year.Air Canada remains committed to growing its startup freighter division despite canceling an order with Boeing last month for two 777 freighters, said CEO Michael Rousseau on Monday. Air Canada (TO: AC) reported a 24% drop in third-quarter cargo revenue compared to the same period last year, to $155.5 million (CA$215 million), due …Forecast. Using SONAR, you can project freight rates, fuel, operating costs, equipment values, and market activity—for the next 24 hours and all the way up to a year. SONAR’s comprehensive and high-frequency data from …

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 ...

Dec 22, 2022 · Purchasing transport services also fits with management’s expectation that more businesses will opt for deferred parcel and freight products for their goods. FedEx Express revenue declined 6% year over year on a 12% fall in volumes as global industrial production slowed and e-commerce shipping returned to pre-pandemic rates after spiking in ...

Quicklook: Best fuel cards for truckers. Best for largest fuel rebate: Fuelman Deep Saver Card. Best for lowering fuel costs: AtoB Fuel Card. Best for IFTA reporting: Motive Fuel Card. Best for eCapital factoring customers: eCapital Fuel Card. Best for total rewards: Coast Fuel Card. Best for great fuel discounts: TAFS F2 Fuel Card.The Multimodal Freight Office is part of DOT’s implementation of the Bipartisan Infrastructure Law as directed by Congress and will be led by Deputy …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; and a Texas ...Feb 26, 2023 · Truckload capacity correction will last deep into 2023. Zach Strickland, FW Market Expert & Market Analyst. · Sunday, February 26, 2023. The Contract Load Accepted Volume Index (CLAV), which measures accepted truckload tender volumes, is 25% lower than the peak values in 2021. (Photo: Jim Allen/FreightWaves) Supply Chain Events & Logistics Conferences. Join us for the latest insights on emerging issues and trends within the transportation industry. Our FreightWaves TV events and freight conferences give you the opportunity to make connections, stay up-to-date and prepare for what lies ahead. Get started by exploring upcoming FreightWaves events ...Alan Adler. · Tuesday, October 24, 2023. Paccar Inc. posted another blowout quarter of sales and profits for the period ending Sept. 30, 2023. (Photo: Jim Allen/FreightWaves) Listen to this article. 6 min. Paccar Inc., the maker of Kenworth, Peterbilt and DAF Trucks, reported record third-quarter net income and beat top- and …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 …

Americold Logistics of St. Louis, owed approximately $69,000, is also listed as a secured creditor. According to SAB, the meat importer’s gross revenues from Jan. 1 until its bankruptcy filing date are nearly $57 million. Its petition states the company made around $96 million in 2021 and approximately $68 million in 2020.Oct 15, 2023 · In the 2008 freight recession, freight brokerages were a much smaller percentage of the overall trucking market, representing just 10% of the total freight in the market. This number has doubled since then, along with the quality of freight. When I was working the freight desk at U.S. Xpress in the early 2000s, freight brokerages weren’t a ... Daily Infographic: CVSA releases 2023 Brake Safety Week results. Brandon Cafferky. · Thursday, November 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.Best for emergency financing: Mission Financial Services. Best for owner operators with bad credit: Tucker Capital, LLC. Best for flexible semi truck financing: Clear Path Financial. Best for high maximum loan amounts: First Capital Business Finance. Best for fast funding decisions: Perry Funding, LLC.To properly calculate the price, you first must know the density and weight of the shipment. To do that, measure the height, width and depth and multiple these numbers to obtain the cubic footage. Divide that by the total weight to get the density. Using the NMFC classification system splits LTL freight into weight classes.

Welcome 5/19/21 9:00 am Tim Dooner Host of WHAT THE TRUCK?!? FreightWaves Speaker Bio Michael Vincent Freightcaster FreightWaves Speaker Bio Keynote with …

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.FreightWaves. 71,550 likes · 1,550 talking about this · 65 were here. FreightWaves is the most trusted provider of global supply chain market intelligence.We would like to show you a description here but the site won’t allow us.Brielle is the deputy editor of Freight Waves and has a seven-year history in B2B publishing, tackling cutting edge stories in business, with more than two years specifically focused on the supply chain. She’s interviewed numerous CEOs and is adept at finding stories that matter to the industry. She believes in finding a new way forward in ...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 …Air cargo diverted from Shanghai is disrupting freight operations at other Chinese airports, causing a shortage of pallets for exports, Chicago-based AIT Worldwide Logistics reported. Meanwhile, Shenzhen International Airport imposed a daily import cap of 250 tons, including 125 tons for perishable and temperature-controlled cargo from April 21 ...FreightWaves Carbon Intelligence Introducing a network-level solution for emissions management FreightWaves Carbon Intelligence (FCI) enables shippers to quantify the …Pilots who sign on with PSA will fly Bombardier CRJ700 and CRJ900 aircraft with about 65-70 seats, and earn a starting wage of $150-$217 per hour, depending on seniority, according to the PSA recruiting page. PSA’s website says pilots can move up to American Airlines in five years. It’s not clear if FedEx pilots will be on an expedited track.Dec 20, 2022 · Americold Logistics of St. Louis, owed approximately $69,000, is also listed as a secured creditor. According to SAB, the meat importer’s gross revenues from Jan. 1 until its bankruptcy filing date are nearly $57 million. Its petition states the company made around $96 million in 2021 and approximately $68 million in 2020. As one of the largest freight forwarders in the United States, UPS has been a leader in supply chain management solutions since being founded in 1907. UPS delivers more than 25 million packages per day and serves over 220 countries and territories. UPS has the reach you would expect of a leading freight forwarder. Best For: Managing …

What is spot freight? Most freight agreements involve a long-term contract to move the same cargo on a set schedule for 12 to 24 months. However, with spot freight, a shipper gathers several quotes and then picks the best one to transport a single shipment. Shippers might strike this agreement a few weeks or even months before the shipment ...

Dec 1, 2023. Listen to this article 3 min. Transportation company RXO has opened a freight brokerage office in Dublin, marking the completion of a $2.5 million investment aided by …

A freight board, also known as a load board, is an online platform where shippers and carriers (trucking companies or owner-operators) can find and book loads. Shippers or brokers post jobs for carriers to bid on, effectively matching truck capacity with freight in need of transport.Freight hauling is the movement of goods, products, or materials. Moving bulk cargo by road, rail, sea, or air is considered freight hauling. While trucking companies make up a considerable segment of freight hauling, other specialized options, such as air freight companies, are also widely used.Dec 10, 2021 · SONAR’s proprietary data sources enable you to stay on top of demand and capacity across all modes of transportation in real-time as you monitor domestic and global market activity. SONAR's current and historical data is generated from thousands of exclusive sources representing more than $200 billion of contract freight transactions, giving you the insights you need to make day-of decisions ... Supply Chain Events & Logistics Conferences. Join us for the latest insights on emerging issues and trends within the transportation industry. Our FreightWaves TV events and freight conferences give you the opportunity to make connections, stay up-to-date and prepare for what lies ahead. Get started by exploring upcoming FreightWaves events ...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 ... 28 de abr. de 2023 ... Kaylee Nix and Thomas Wasson welcome John Gallagher to the show to talk about a Department of Transportation report that says the ...14 de ago. de 2023 ... Eytan Buchman loves freight so much he shouts out container sizes while he walks around. He's obsessed with marketing, data storytelling (it's a ...Listen to this article. 6 min. A federal judge has ruled that Total Quality Logistics — the second-largest freight brokerage in the U.S. — violated federal law and owes overtime pay to thousands of former employees who worked more than 40 hours a week. Judge Michael Barrett of the U.S. District Court for the Southern District of Ohio issued ...Nov 13, 2023 · The freight industry has seen a wave of brokerage bankruptcies in recent months, and that surge is causing significant disruptions for carriers, undermining their financial and operational stability. Rachel Premack, editorial director at FreightWaves, and Clayton Griffin, chief strategy officer and EVP at OTR Solutions, spoke on current ...

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’ …As of 2014, Harbor Freight Tools does not offer franchises. The company owns all of its stores and operates a real estate department that assesses potential locations for future stores.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 ... 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’ …Instagram:https://instagram. what is the cheapest way to invest in goldbest suites las vegasadobhe stockis ninjatrader safe Are you interested in the logistics industry? Do you have a knack for organization and problem-solving? If so, becoming a freight forwarder might be the perfect career path for you. we stock forecasttufn 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 …To properly calculate the price, you first must know the density and weight of the shipment. To do that, measure the height, width and depth and multiple these numbers to obtain the cubic footage. Divide that by the total weight to get the density. Using the NMFC classification system splits LTL freight into weight classes. day trading with robinhood So far in 2023, FreightWaves has reported on only seven bankruptcies, a little more than one a month. The worst trucking market prior to the current one was in 2019, the “Trucking Bloodbath.”. At one point, FreightWaves reported on 10 trucking bankruptcies in a single week. New England Motor Freight’s (NEMF’s) bankruptcy opened the year ...Cummins Inc. is retiring two legacy powertrains and introducing a new 10-cyliner engine to replace them. (Photo: Cummins) Cummins Inc. will retire its L9 and X12 legacy engines, replacing them with a new X10 engine capable of powering medium- and heavy-duty trucks on a variety of fuels. The move is consistent with Cummins’ plan to …FreightWaves will be bringing the F3: Future of Freight Festival to its home city of Chattanooga, Tennessee, on Nov. 8-10. Several thousand freight executives, supply chain leaders and industry stakeholders are expected to descend on Chattanooga – named one of America’s most livable cities – for the in-person event, which will take place ...