Freightwave.

Trucking companies have different operating costs, but none of them can survive long on low rates. Throughout this year, truckload spot rates have hovered between $1.50 and as high as $2.10 a mile. Meanwhile, the average breakeven cost per mile for truckload ranges from $1.56 to $1.90 per mile, according to a recent J.P. Morgan study.Web

Freightwave. Things To Know About Freightwave.

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 ...6 min. Following three attacks on vessels linked to Israel, a container ship operated by Israeli ocean carrier Zim has changed course and is taking the long way …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.FreightWaves SONAR data revealed global recession months before FedEx’s earnings. A lack of Chinese imports coming into the Port of Los Angeles is driving weakness in U.S. imports (Photo: Jim Allen/FreightWaves) In a note last Friday, September 16, J.P. Morgan reminded us that back in June it warned about a concerning drop in container volume ...

FreightWaves | 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.Web

This special FreightWaves subscription service offers unparalleled deep research, analysis and insight on trends and conditions in the freight market. Passport clients have the best holistic transportation research available, based on high frequency datasets and deep networks in the freight industry. Passport provides the most up-to-date ...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 ...Web

Less-than-truckload carrier Yellow Corp. has filed for bankruptcy, putting an end to the 99-year-old trucking firm. In its Chapter 11 filing in a Delaware court Sunday, the company estimated assets of $2.15 billion and liabilities of $2.59 billion. It expects to enter a debtor-in-possession (DIP) financing agreement to provide liquidity to sell ...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 ... 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)WebFreightWaves 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 ... 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.

Trucking companies have different operating costs, but none of them can survive long on low rates. Throughout this year, truckload spot rates have hovered between $1.50 and as high as $2.10 a mile. Meanwhile, the average breakeven cost per mile for truckload ranges from $1.56 to $1.90 per mile, according to a recent J.P. Morgan study.Web

Transparency19 will cover innovation and digitization trends across trucking, logistics, supply chain, blockchain, IoT, telematics and data. You’ll hear from expert speakers, watch live product demos from emerging and leading freight technology companies, and network with hundreds of your industry peers in a revolutionary format.

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.WebSupply 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 ...FreightWaves is the leading provider of news and key data points to the U.S. trucking and brokerage industries. The subject matter experts at FreightWaves – who combined have hundreds of years of experience – contributed to the content in FreightWaves Academy. The mission of FreightWaves Academy is to impart this wealth of knowledge, and to ...Mar 24, 2022 · A rash of trucking bankruptcies are on the way and it will be Bloodbath 2.0. Trucking has enjoyed the largest number of new entrants in its history over the past two years. New fleet registrations were up to 20,166 last month alone. This is unprecedented. The last peak was in August 2019; there were 9,511 new trucking fleets and that was in the ... 27 May 2021 ... FreightWaves is bringing SONAR's freight data into Turvo. Find out how this partnership will help simplify shipment planning.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 …FreightWaves is the leading provider of news and key data points to the U.S. trucking and brokerage industries. The subject matter experts at FreightWaves – who combined have …

FreightWaves | 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.SONAR 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 ...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 ...TRAC rates are from the day before and are updated daily at 11:00 a.m. ET. Spot rate market data for over 650,000 unique van lanes, 300,000 unique reefer lanes, and KMA to KMA flatbed rates (Linehaul + Fuel) Rates are weighted based on distance and time to prioritize the more recent loads that are closer to the precise O/D pair the user specifies. 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 ...Web

Chattanooga, TN, Sept. 13, 2022 (GLOBE NEWSWIRE) -- CHATTANOOGA, Tenn. and NEW YORK, New York—September 13, 2022— FreightWaves and MerQube today announced the launch of the MerQube ...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 ...

19 May 2021 ... FreightWaves Raises $16M For New Sustainability Platform ... Supply chain data startup FreightWaves has raised $16 million in a new round of ...Alaska Air will take over cargo transportation for e-commerce giant Amazon when it concludes a deal announced Sunday to acquire Hawaiian Airlines in a stock-and-debt transaction worth $1.9 billion. Whether the Amazon transportation services agreement is eventually modified is unclear, but Alaska’s CEO said it could spur further investment in ... 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.2022 Top 500 For-Hire Carriers. Download and share our press release template and Top 500 badges (in color and black & white).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 ...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 …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 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 …

20 Sept 2023 ... GREENWICH, Conn. , Sept. 20, 2023 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, ...

Mar 29, 2023 · The siloed nature of the freight industry leads to confusion and speculation, two factors that worsen rate variability, according to Hamlin. “Shippers and their carriers or brokers are only conversing about one lane or one region at a time,” she said. “This transactional market today just really enhances this fragmentation in silos and ... Nov 24, 2023 · 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 ... FreightWaves enables companies involved in the $9.6T global logistics market to benchmark, analyze, monitor and forecast. Now with the FreightWaves mobile app experience, subscribers have in the palms of their hands the fastest and easiest way to navigate the freight market. - Watch and listen to the pre-eminent freight industry podcast …Nov 21, 2023 · FreightWaves Classics. FreightWaves Classics articles look at various aspects of the transportation industry’s history. Old Dominion Freight Line – Helping the World Keep Promises®. Learn more here. American Shipper Archives Wednesday, November 29, 2023. 10 Jul 2023 ... ... freightwaves Facebook: https://www.facebook.com/FreightWaves/ LinkedIn: https://www.linkedin.com/company/freightwaves/ Instagram: https ...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 ... Mar 24, 2022 · A rash of trucking bankruptcies are on the way and it will be Bloodbath 2.0. Trucking has enjoyed the largest number of new entrants in its history over the past two years. New fleet registrations were up to 20,166 last month alone. This is unprecedented. The last peak was in August 2019; there were 9,511 new trucking fleets and that was in the ... Digital freight brokerage Surge Transportation filed for bankruptcy on July 24, as FreightWaves’ Hampstead first reported the following day. 2023 was a more severe …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.18 Sept 2023 ... FreightWaves has unveiled its 2024 FreightTech 100 list, spotlighting tech-forward companies that have best navigated a turbulent year.

FreightWaves provides news focused on economic and innovative technology drivers for the freight transportation ecosystem.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.Supply chain data startup FreightWaves has raised $16 million in a new round of funding for its sustainability platform, the company said Wednesday. Subscribe to the Crunchbase Daily. Logistics and supply chain information help companies navigate the complexities of shipping and delivering products, and FreightWaves provides market …Instagram:https://instagram. atandt dividend stockbest 529 state plansark innovation stock pricebest schwab funds for roth ira 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 ... 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, … stock market predictionsoptions trading td ameritrade 2 Nov 2023 ... Kaylee Nix and Bill Priestley host today's show as Eric Kulisch reports on some of the latest stories in the air cargo industry.Covenant Logistics hopeful despite no expected demand increase in Q4. Truckload carrier Covenant Logistics Group said the freight market is bottoming out, and the company is eyeing only a “modest decline” in earnings next quarter. Read More ». Mark Solomon Thursday, October 26, 2023.Web pave stock price FreightWaves | 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.WebJun 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. 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 ...