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The current contract, negotiated in 2018 but not ratified until the following year, has allowed UPS to skirt the significant labor cost inflation that has hit FedEx Corp.’s (NYSE: FDX) ground-delivery unit. UPS Teamsters have been receiving wage increases and annual cost-of-living adjustments of about 3% since 2018.The Panama Canal water-level crisis would be having a greater effect on U.S. farm exports if outbound volumes were higher. Canal restrictions are coinciding with a period of reduced American exports, due to both lower crop production and low water levels in the Mississippi River. USDA data on inspections of agribulk export cargoes shows year-to ...30 Mei 2018 ... Share your videos with friends, family, and the world.Nov 16, 2023 · Less than Truckload (LTL) Stay Up to Date on the LTL Industry. Less than truckload (LTL) refers to shipping services for relatively small loads of freight (typically between 150 and 15,000 pounds). One of the main benefits of the LTL industry is cost efficiency. LTL trucking allows shippers to combine several loads going to the same facility ...

6 min. FreightWaves unveiled the winners of its 2024 FreightTech 25 awards on the final day of the F3: Future of Freight Festival. This sixth iteration of the award series was full of surprises. The 2024 list honors industry veterans and newcomers that have found a way to hang on in one of the most difficult environments for technology ...If you aren’t building interest in 30 seconds with your freight broker sales pitch, then it’s not the amount of content, it’s the quality of content. For emails, a good rule of thumb is 120 to 140 words in length. Anything over 140 words and you start to lose the reader with a wall of words. Remember, cold emails are about selling the ...WebSONAR is the only platform with a complete view of everything moving in the global freight economy. Exclusive insights and actionable intelligence across all modes. Know the market today and forecast the future. SONAR's platform provides the most up-to-date map of the global supply chain and continuously updated forecasts of the future.

According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.

7 min. The Biden administration has announced a huge plan to tackle issues plaguing the U.S. supply chain that covers several cross-government partnerships. In announcing the plan Monday, White House officials said the strategy of using both domestic tools and international partnerships can help diversity and strengthen the U.S. supply chain.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. State of Freight Insights; The Future of Freight; Startups; Global Supply Chain; FreightWaves Classics; Blockchain News & Updates; Risk & Compliance. Legal …Feb 2, 2023 · 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.

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

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 ...

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.For all intents and purposes, the month of December has only three weeks of freight activity, as the final week from Christmas to New Year’s is effectively null. In years prior, freight demand has fallen throughout the month before bottoming out in that final week. So far, December looks to be following seasonal trends, which is to say that, while shippers’ activity is winding down, this ...Quicklook: Best Freight Hauling Companies. Best For Overall: FedEx Freight. Best For Freight Brokerage: XPO Logistics. Best For Less-Than-Truckload: Old Dominion Freight Line. Best For Environmentally-Friendly: Estes Express Lines. Best For High-Value Cargo: R+L Carriers. Best For Air Freight: Forward Air.From deep dives to fast facts, FreightWavesTV covers the world of freight like no one else. Start Watching Now On Demand Content Whether you like to watch on an Apple TV, …Chattanooga, Tennessee—the heart of Freight Alley and home to FreightWaves—will come alive once again with the largest festival in freight November 7-9, 2023. The second annual F3: Future of Freight Festival will converge in the Scenic City, bringing together experts, entrepreneurs, industry leaders, educators and more to discuss the key factors impacting …WebMay 15, 2023 · 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 (3,000 employees) and Celadon’s shuttering (5,500 employees) ended it. There were hundreds in between.

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.”.AtoB . AtoB fleet fuel cards are accepted anywhere and come with software that saves fleets on average 43¢ per gallon. The company has a simple fee structure of $3 per month per active card — and that’s it, no other hidden fees. Their user-friendly platform comes with features that allow you to track your usage live, set spending limits, prevent …Cargo revenue at public passenger airlines and logistics companies, which serves as a proxy for financial conditions at Amerijet, was down 30% to 50% through the …Formula One freight moves by land, air and sea to five continents in nine months. With 22 events separated by less than a week or two — the Russia Grand Prix was scrubbed after the invasion of Ukraine — the logistics schedule is intense. Deutsche Post DHL Group, F1’s official logistics partner, has a dedicated staff of 35 specialists who ...A Flourish data visualization. FreightWaves targeted the survey at owner-operators from Feb. 9-17 and heard from roughly 120 carriers in all. More than three-quarters of those identified as owner-operators, and another 6.7% answered “no, but I was for part of 2022.”. Only results from current owner-operators were considered in the …FreightWaves was born and the stories gained traction through social media and through Google news search. Over the next few months, Brian kept writing about the freight markets and how technology, regulations, and economic activity were impacting them. The staff started to grow–and so did the traffic.

Israel-based ZIM (NYSE: ZIM ), which released blockbuster quarterly results on Wednesday, is pouncing on short-term gains. Liner giant Maersk used the rate spike to increase long-term contract coverage by 20%, including multiyear contracts of up to three years. Maersk CEO Soren Skou emphasized that his company’s focus “ has not been to ...Predator 9500 Watt Super Quiet Inverter Generator. Now 64% Off. $1 at Harbor Freight. But some people need something more than double in output that provides serious, efficient power to back up an ...

Freight market conditions are a function of the balance of supply and demand and the build-up of excess capacity is the most probable cause of the trucking boom-and-bust cycle. As we enter the second quarter of 2023, it appears that the freight market may be worse than the freight recession of 2019, as tender rejections are on the verge of ...contract freight contract market contract rates Contracts data vis data vis freight industry data vis FreightWaves data visualization freightwaves infographic Infographic infographic freight infographic freight industry infographics daily Spot freight spot market spot markets spot rates. One Comment kamir bouchareb st.WebProduct tanker rates have also taken a big step down. “Product tanker rates have been softer to start 2023, though there are several drivers of further strength ahead,” said Nokta. Rates for larger modern-built product tankers known as LR2s averaged $36,700 per day as of Monday, less than half the $88,100-per-day high in early December ...WebCalifornia is next, adopting ELD use for drivers at the turn of the year. The California Highway Patrol has issued a final rule requiring ELD use by intrastate drivers on and after Jan. 1, 2024. The rule requires the use of devices that meet the requirements in Part 395, Subpart B of the Federal Motor Carrier Safety Regulations (FMCSRs) by ...Generous benefits including option for 100% employer paid health, dental, life and vision insurance. A concierge doctor service for all employees. No set “days-off” vacation policy; employees take the time they need with their manager’s approval. Industry education and company-paid travel to industry events. Student-loan reimbursement.A class-action suit filed Tuesday against Yellow Corp. said the company failed to provide a required 60 days’ layoff notice to its 30,000 employees. The complaint was filed on behalf of California dockworker and union steward Armando Rivera and other “similarly situated former employees” in the U.S. District Court for the District of ...Our monthly data and the Cass Transportation Index Report provide valuable insight into freight trends as they relate to other economic and supply chain ...

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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.

Position your message in front of global freight decision makers. social. Make waves across all FreightWaves Media social platforms. driving value for our customers. SmartDrive always enjoys working with FreightWaves. The team is always very easy to work with and is a true partner with us on the content creation process. I appreciate the ...A freight truck is a powerful specialized vehicle that transports goods from one place to another. All freight trucks have two major components, the truck tractor in the front, where the engine and …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 ...WebAn order was entered in a Delaware bankruptcy court Thursday naming less-than-truckload carrier Estes Express Lines’ $1.525 billion stalking horse bid as the winning offer of Yellow Corp.’s portfolio of owned terminals. Bid protections for Estes were also approved, including a $7.5 million breakup fee and expense reimbursement up to $1.6 ...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 ... The naming ceremony of the 24,188-TEU OOCL Spain was held at China’s NACKS shipyard on Feb. 16. (Photo: OOCL) FreightWaves. ‘Colossal’ tidal wave of new container ships about to strike. 8 min. Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will pick up in earnest …WebFor all intents and purposes, the month of December has only three weeks of freight activity, as the final week from Christmas to New Year’s is effectively null. In years prior, freight demand has fallen throughout the month before bottoming out in that final week. So far, December looks to be following seasonal trends, which is to say that, while shippers’ activity is winding down, this ...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 ... 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 ...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.Why I believe a freight recession is imminent. Craig Fuller, CEO at FreightWaves. · Thursday, March 31, 2022. Listen to this article. 11 min. Last week, I published an article entitled “ Just 3 years after 2019’s …

Mar 15, 2023 · El cofundador de TuSimple abandona el consejo mientras se investiga la caza furtiva de empleados. Xiaodi Hou habría intentado atraer a empleados a su nueva empresa. FreightWaves proporciona evaluación comparativa, análisis, monitoreo y pronóstico de la industria logística global de $ 9.6 billones. 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.9 min. Millions of FedEx Corp. stakeholders are still digesting the Thursday night’s calamitous announcement of a massive quarterly income shortfall at its largest unit and the withdrawal of financial guidance for the rest of its fiscal year a bit more than a quarter of the way through it. The question is whether the news signals a larger ...Instagram:https://instagram. 30 year fixed mortgage rates mncommercial real estate crowdfundinghilton stocksticker mcfnf Radio waves are used to receive and transmit signals between two objects. These waves help to transfer signals from broadcasting stations to televisions and radios, and they are also used to transmit signals for cellular phones.Jacksonville, Florida-headquartered Rail Link, a rail car switching subsidiary of short-line operator Genesee & Wyoming (G&W), has been party to five new contracts in the U.S. since September. Parent company G&W announced the contracts for Rail Link, which was founded in 1996, call for the company to handle rail car switching of renewable ... best dental insurance for unemployedtgames Get free real-time information on WAVES/USD quotes including WAVES/USD live chart. Indices Commodities Currencies StocksRadio waves are used to receive and transmit signals between two objects. These waves help to transfer signals from broadcasting stations to televisions and radios, and they are also used to transmit signals for cellular phones. trns Oct 5, 2022 · Record newbuild deliveries in 2023-24. The majority of tonnage on order will be delivered the next two years: 2.34 million TEUs in 2023 and 2.83 million TEUs in 2024, compared to around 1.1 million TEUs in both 2021 and 2022, said Verberckmoes. The scale of the upcoming deliveries is unprecedented. Those ships are generally in the 8,000- to 14,000-TEU range. Ships in that size range can carry between 2.5 million and 3.5 million gallons of fuel. The amount of fuel actually be used on a sailing depends primarily on the ship’s speed. Most ship engines have been designed for top speeds ranging between 20 and 25 knots per hour, which is ...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 ...