Freightwave.

Sep 26, 2023 · Mark Solomon. · Tuesday, September 26, 2023. A robotic truck loader from Dexterity (Photo: FedEx) FreightWaves. FedEx leverages AI to improve trailer-loading process. 1 min. Robotics firm Dexterity AI said Tuesday it has partnered with FedEx Corp. (NYSE: FDX) to have robots load FedEx Ground trailers by leveraging AI-powered technology. 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. FreightWaves SONAR’S Outbound Tender Volume Index helps users identify freight volumes that are shipping at national, regional, or market granularity. OTVI allows users to see where demand for trucks is increasing or decreasing. An increase in freight volumes denotes tightening capacity. A decrease in freight volumes denotes loosening capacity.Oct 2022 - Present9 months. FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our customers to benchmark, analyze, monitor, and forecast the global physical economy. As a Market Research Analyst at Freight Waves, I work in the SaaS ...

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 ...WebMar 11, 2022 · 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 within your business. Nov 29, 2023 · FreightWaves again named one of fastest-growing companies in North America. Chattanooga, Tennessee-based FreightWaves has been named to Deloitte’s Technology Fast 500 list. Read More ». Noi Mahoney Tuesday, November 7, 2023.

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 …

Move up a gear with FleetWave. Use intelligent data to find out how your fleet works. Integrate almost any third-party app, so you can work smarter. And automate your …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 ... FreightWaves SONAR Awards. FreightWaves SONAR currently scores 90/100 in the Logistics category. This is based on user satisfaction (90/100), press buzz (55/100), recent user trends (rising), and other relevant information on FreightWaves SONAR gathered from around the web. The score for this software has improved over …Cross-border truckload freight rates could stabilize in 2023. After several years of volatility, freight rates in Mexico for transporting goods north to the U.S. should remain steady for most of the year, trade experts said. Before the pandemic, carriers usually charged about $1,000 and up for northbound freight from central Mexico to Laredo ...

U.S. imports over the first nine months of 2023 were 2.5% higher than in the same period in 2019, pre-COVID, according to Descartes’ data. They were up 4.6% compared to the same period in 2018 and 11.4% versus January-September 2017. This September’s imports significantly exceeded pre-pandemic levels: up 8% from the same …Web

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 ...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 …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 …WebPorts 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 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, …WebSince FreightWaves provides news and information that focuses on supply chains, their unique perspective saw early indicators of COVID-19's impact at the very ...

During the week of Feb. 28, when the lockdown began, ships off Shanghai represented 16% of the total either waiting or at berths. The ratio is now up to 47%. At Ningbo, the ratio has risen from 49% to 71% over the same period. However, the congestion ratio was at these same levels both in July and September 2021.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 ...Transportation and supply chain commentary and analysis, based on the fastest freight market data trends. View the Freight Market Pulse blog.WebFreightWaves provides news focused on economic and innovative technology drivers for the freight transportation ecosystem.Get the Latest Freight Market News & Trends. Stay informed with timely updates on freight trends that could impact your business. Our freight market updates …FreightWaves SONAR data revealed global recession months before FedEx’s earnings. Craig Fuller, CEO at FreightWaves. · Thursday, September 22, 2022. A lack of Chinese imports coming into the Port of Los Angeles is driving weakness in U.S. imports (Photo: Jim Allen/FreightWaves) FreightWaves.We're excited to share new coverage from FreightWaves. Joanna Marsh spoke with RailState co-founder and CCO, John Schmitter, to learn how RailState is ...

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.

Leverage the flexible plug-in power of configurable supply chain data from SONAR via API. No toggling between screens to harness the power of data from over $100B in freight spend, refreshed daily. Gain hours in efficiency with data on demand. Easily compare market data to your internal data. Deliver market data across your organization.Sep 18, 2023 · 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 ... Digital freight brokerage Surge Transportation filed for bankruptcy on July 24, as FreightWaves’ Hampstead first reported the following day. 2023 was a more severe downturn than expected. Surge booked $135 million in gross revenues during one period in 2023, according to its bankruptcy filing. That same period last year, Surge posted $200 ...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.Freight boom is not without downsides for carriers. One of the results of the 2017-18 freight market boom was an increase in the cost of operating that held over into a slower 2019 when capacity became abundant. Costs are on the rise once again as carriers struggle to find drivers to capture market share. Read More ».FreightWaves SONAR Awards. FreightWaves SONAR currently scores 90/100 in the Logistics category. This is based on user satisfaction (90/100), press buzz (55/100), recent user trends (rising), and other relevant information on FreightWaves SONAR gathered from around the web. The score for this software has improved over …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 ...Dec 3, 2023 · 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 composite national aggregated level of the Rate Per Mile for fully enclosed, non-refrigerated, 48- or 53-foot trailers moved by Class 8 tractors. The index is based on eligible spot ...

We're excited to share new coverage from FreightWaves. Joanna Marsh spoke with RailState co-founder and CCO, John Schmitter, to learn how RailState is ...

Quicklook: Best Flatbed Trucking Companies. Best For Large Jobs with Multiple Pieces of Freight: Daseke, Inc. – Match Now. Best For Flexible Transportation Solutions: Landstar System, Inc. – Match Now. Best For Tight Deadlines: Anderson Trucking Service – Match Now. Best For Regional Shipping: Bennett Motor Express – Match Now.Web

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 ...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%.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.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.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. 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 …WebThe 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.Leveraging FreightWaves’ world class media and video production capabilities, the F3 Virtual Experience will bring industry leading FreightTech to life on November 9-11, 2021. ‍. Join us to engage with industry leaders, experts and entrepreneurs on our newest virtual presentation platform. We’ll host live, interactive discussions focused ...Web4 things you should know about No. 1 project44. McCandless. 1. Jett McCandless, the founder and CEO of project44, also founded another one of this year’s FreightTech 25 companies — No. 25 CarrierDirect. That’s the first time in the four-year history of FreightTech 25 that has happened. 2.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 ...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 event you don’t want to miss!WebSep 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 ...

Sep 26, 2022 · WATCH FWTV IN HD SONAR High-Frequency Supply Chain Data Trucking Financial Ocean Rail Get access to 200k+ high-frequency supply chain indexes News FreightWaves Pricing Power Index The minor fall and the major lift FreightWaves is a member of Vimeo, the home for high quality videos and the people who love them.Joanna Marsh. · Monday, January 16, 2023. A TRB session looks at what's next for the railroads. (Photos: Jim Allen/FreightWaves) WASHINGTON — The near-term future of freight rail might be one marked by collaboration, whether that’s through private or public partnerships among other supply chain stakeholders or between the railroads ...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 FreightWaves and the ... Instagram:https://instagram. heritage auctions dallasgdx etfforex trade copyingarms holding ipo Welcome to FreightWaves Knowledge Center search-alternate Results View All Results Select Your Use Case 3PL Use SONAR to widen margins, win more freight, benchmark against the market, and forecast contract and spot rates. Learn More Carrier Use SONAR to maximize trucking rates and fleet utilization while minimizing operating costs. Learn More … cool names for llcboat octopus 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... gold royalty corp stock 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 ...We're excited to share new coverage from FreightWaves. Joanna Marsh spoke with RailState co-founder and CCO, John Schmitter, to learn how RailState is ...