Supply Chain, Logistics, and Trucking News & Data - FreightWaves
WEB1 day ago · Election will revamp loophole that allows lower-value imports to avoid scrutiny. 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.
#1 Logistics, Freight and Transportation News - FreightWaves
WEB1 day ago · Freight market green shoots fade heading into October. Many of the signs of the end to the freight recession have faded, at least in the short run. A strike and the aftermath of a major hurricane are looming disruptors but probably not enough to sustainably shift the market. But the data still points to the end of this historically loose ...
Leading Trucking News - Award Winning - FreightWaves
WEB4 days ago · Feds award trucker $30,000 in back pay and damages. A driver blew the whistle on a trucking company that fired him for refusing to haul an oversized load without a safety escort. Read More ». Ashley Coker Prince Monday, September 30, 2024.
Railroad Freight Industry News | FreightWaves
WEBOct 1, 2024 · Railroads continue to play a significant role in North America’s economic infrastructure. According to the U.S. Department of Transportation Federal Railroad Administration, the U.S. rail freight network covers almost 140,000 route miles and is generally considered the largest, safest, and most cost-efficient freight system in the world. In addition, says the FRA, the almost $80 billion rail ...
‘Astronomical’ gains for dry bulk shipping but rally looks fleeting
WEBDec 4, 2023 · Rates for Capesizes — larger dry bulk vessels with capacity of around 180,000 deadweight tons (DWT) that carry iron ore, coal and bauxite — averaged $54,600 per day on Monday, according to Clarksons Securities, more than triple rates on Nov. 1 of $15,800 per day. “This is a week that [shipowners] …
How big are the world’s largest ocean container ships?
WEBJan 14, 2023 · Twitter/X. LinkedIn. Taiwan-based Evergreen Marine in June launched the largest container ship ever built, the aptly named Ever Alot. The massive ship has a capacity of 24,004 twenty-foot equivalent units, just a little more than its slightly older sibling, the Ever Ace, launched in July 2021 and the …
What is NMFTA and what does it do? - FreightWaves
WEBMar 26, 2023 · The NMFC is essentially a coding system that universally identifies differences in commodities for freight shipments being transported interstate, intrastate and abroad. Freight classes and codes are determined by “density, handling, stow-ability and liability,” establishing the “transportability” of a commodity, the organization states.
20 carriers named as 2021 Best Fleets to Drive For
WEBJan 6, 2021 · Twenty carriers have been named to the Truckload Carriers Association (TCA) and CarriersEdge 2021 Best Fleets to Drive For list. This year’s Best Fleets includes four carriers new to the list and 16 carriers that were also named to the 2020 list.. Produced by CarriersEdge, in partnership with TCA, Best Fleets to Drive For is an annual survey and contest that identifies the for-hire carriers ...
Forward Air says ‘earned trust’ a must after Omni acquisition
WEBSep 6, 2023 · Forward currently has a $1 billion share of that premium LTL market, half of which comes from domestic forwarders. Omni has $300 million in LTL revenue, with $250 million being fulfilled by other capacity providers. Much of that freight is likely to be converted to Forward’s network within the first 60 to 90 days of closing, Schmitt said.
Container shipping outlook 2024: Rising risk of delays, disruptions
WEBDec 7, 2023 · The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for 2024. Two key container shipping “chokepoints” — the Panama Canal and the Bab-el-Mandeb Strait in the Red Sea — are simultaneously under threat. Container-line financials are under severe pressure, forcing ever more ...