Frieght waves.

The largest remaining backlogs are off Savannah (left) and Houston (right) on Friday. (Maps: MarineTraffic) The good news is that there were fewer than 100 container ships stuck waiting off North American ports on Friday. The bad news is that there were still 99 container ships offshore and the pre-COVID norm was in the single digits.Web4 min. FreightWaves has formed the Trusted Rate Assessment Consortium (TRAC) to provide the freshest view of spot rates in the U.S. inside the new Market Dashboard application in SONAR. Combined with its database of millions of data points, SONAR has the most comprehensive view of the transportation markets available.1 hour ago · 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 third quarter versus the nine-month period a year ago. Many cargo airlines have hit the brakes on adding new or converted freighters and reduced flight activity to manage costs. Aug 31, 2023 · 3 min. U.S. Postal Service contractor Matheson Flight Extenders (MFE) filed paperwork Thursday stating that it plans to eliminate 305 jobs and close its sorting facility in Chicopee, Massachusetts, by the end of October, bringing to about 1,000 the total job cuts it has announced in recent days. This marks the third Worker Adjustment and ... The Google Wave Preview has been available to one million+ people for over three months now, but questions about Wave still abound, even by the early adopters who have gotten in and taken it for a test drive. The Google Wave Preview has bee...

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 ...WebThe U.S. Postal Service is seeking helpers to ensure needy children and families have gifts under the tree on Christmas morning through its Operation Santa program. The Operation Santa program has been around for 111 years, since the agency started allowing postal employees and volunteers to respond to letters from children …Better freight booking. We help mid-market brokers to compete with enterprises through automation, freight market data, and expanded carrier network.

A fuel surcharge is calculated by multiplying the difference in price per mile in fuels prices by the distance traveled. This gives the total fuel surcharge. For this, you need to take into account more than just fuel price changes. Drivers can start by using a calculating cost per mile worksheet to get a clear idea of cost per mile and total ...

The company’s corporate office is located in Griffith, Indiana. Services and Materials: Bulkmatic specializes in the transportation of shipments of items such as plastics, dry chemicals, and bulk food grade. Employees: The company employs between 1,001 and 5,000 employees. Revenue: $100M to $500M. Pricing: Contact Bulkmatic for pricing.WebGenerous 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.Amerijet turns tables on Korean Air for opposing commercial permit. Amerijet, a mid-tier cargo airline based in Miami, is trying to block a startup operator of business jets owned by Korean Air from gaining flight access to the U.S. because it says the Korean flag carrier is undermining its expansion into Korea.The outcome of this ongoing collaboration ⁠— Convoy for Brokers ⁠— provides freight brokers with a technology platform and TMS integrations for efficient access to elastic capacity as well as expanded load opportunities for carriers. “This program is the direct result of more than a year of hard work, including tight collaboration ...Web

FreightWaves National Truckload Index (NTI) is a seven-day moving average of spot rates that measures the U.S. for-hire, over-the-road dry van trucking market: Representing 8.7 million loads Published 365 days of the year Over 1,200 days of historical data Views aggregated weekly or moving 7 day averages

The M&IE rate will stay at $69 per day for travel within the continental U.S. and $74 for any travel outside of the lower 48. This will be the third year in a row that rate is in effect. While companies can offer higher per diems, the general consensus in the industry is that the deductible IRS rate is the one used to compensate drivers. If a ...Web

23 Agu 2021 ... ... across the freight ecosystem. Speakers: • Ketan Karkhanis, Chief Product Officer, Turvo • John Perkovich, Chief Operating Officer, RPM.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 ...Craig Fuller is CEO and Founder of FreightWaves, the only freight-focused organization that delivers a complete and comprehensive view of the freight and logistics market. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry.There are many reasons freight brokering in your business can drive your revenue upwards. Commission. A freight broker’s main income source is the commission earned on loads. Freight brokers will negotiate the price that a shipper is willing to pay and then try to negotiate a lower price with the carrier.FreightWaves LIVE: Events Podcast. Trucking. Wanna succeed as a small carrier? Get to know your neighbor. The pandemic hype about $4-per-mile truck rates lasting forever crashed to earth in the past year, leaving disillusioned small carriers looking to get out. Read More ». Trucking.

A temporary restraining order has been issued blocking asset-light transportation provider Forward Air’s recent merger agreement. A complaint filed by three shareholders, who are also former employees, said shareholders weren’t allowed to vote on the transaction as required by Tennessee law. The 3rd District Chancery Court in Greeneville ...Nov 28, 2023 · Atlas Air Worldwide on Tuesday announced the order of two 777 freighters from Boeing in response to strong demand for international e-commerce shipping, one of the few areas of strength in a freight market that has bottomed out after 18 months of decline and led airlines to reel in expansion plans. The two new 777 cargo jets, which were booked ... The outcome of this ongoing collaboration ⁠— Convoy for Brokers ⁠— provides freight brokers with a technology platform and TMS integrations for efficient access to elastic capacity as well as expanded load opportunities for carriers. “This program is the direct result of more than a year of hard work, including tight collaboration ...WebMAY 19-20, 2021 // VIRTUAL EVENT It’s back and bigger than ever. After the volatility of 2020, FreightWaves LIVE @HOME will examine what you can expect for the rest of the …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 ...

Amerijet isn’t alone dealing with tighter budgets during a freight recession in which global air cargo volumes fell 8% year over year in 2022 and another 6% year to date in 2023. Amerijet is privately held, so getting a full financial picture isn’t possible. Cargo revenue at public passenger airlines and logistics companies, which serves as ...Atlas Air Worldwide on Tuesday announced the order of two 777 freighters from Boeing in response to strong demand for international e-commerce shipping, one of the few areas of strength in a freight market that has bottomed out after 18 months of decline and led airlines to reel in expansion plans. The two new 777 cargo jets, which were booked ...

State of Freight Insights; The Future of Freight; Startups; Global Supply Chain; FreightWaves Classics; Blockchain News & Updates; Risk & Compliance. Legal …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, rapid-fire demos, interactive sponsor ... 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 …An 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 ...Some characteristics shared by all electromagnetic waves are that they all travel at the speed of light and their transmission does not need a medium. These wave types can also travel through empty spaces.30 Mei 2018 ... Share your videos with friends, family, and the world.The U.S. Postal Service is seeking helpers to ensure needy children and families have gifts under the tree on Christmas morning through its Operation Santa program. The Operation Santa program has been around for 111 years, since the agency started allowing postal employees and volunteers to respond to letters from children …

Get the Latest Freight Market News & Trends. Stay informed with timely updates on freight trends that could impact your business. Our freight market updates are brought to you by FreightWaves SONAR , our high-frequency freight market intelligence platform that provides near real-time trucking, railroad, ocean, and air freight transportation data and actionable intelligence.

In its second-quarter earnings call Tuesday evening, U.S. Xpress management detailed a new strategy that generated more than 500 basis points of operating ratio improvement in its truckload business: a digitally recruited, dispatched and managed asset-based fleet that could transform over-the-road trucking.That fleet is called Variant, …Web

Ukraine targeted a freight train with four explosive devices, an unnamed source told CNN. It is the only major railroad connecting Russia and China for military supplies, per Russian …4 min. Fraud rates are on the rise, increasing significantly in 2022 and continuing to climb throughout 2023. In fact, the total annual impact of stolen freight came in at a shocking $223,096,368 last year, according to data from CargoNet. Reports of fraud skyrocketed last year, jumping 400% between 2021 and 2022.Nov 27, 2023 · 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. The air freight forwarding industry is responsible for making sure shipments from one country to another are fully completed. They handle everything from storage and inventory management, to customs clearance, international export, import documentation, and more. Because of their expertise in international shipping, air freight forwarders also ...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 ... Is soliciting the open market of carriers for the purposes of transporting a freight shipment. FMCSA’s guidelines clarify that dispatchers operating as an unauthorized broker carry civil penalties of up to $10,000 for each violation. Congress also mandated that FMCSA clarify what defines a “broker” versus a “bona fide agent” that ...WebIsrael-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 ...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.WebSep 29, 2023 · A temporary restraining order has been issued blocking asset-light transportation provider Forward Air’s recent merger agreement. A complaint filed by three shareholders, who are also former employees, said shareholders weren’t allowed to vote on the transaction as required by Tennessee law. The 3rd District Chancery Court in Greeneville ... 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 ... Freight Analytics 3D Maps. The Heat Map feature gives you an overview of market conditions across the U.S. The ability to paint the map with SONAR indices gives you a quick and easy visual to prioritize actions based on a real-time comparison of specific market conditions. From truckload tender rejections to intermodal box movement by size and ...

3 Mei 2022 ... The largest freight flows are concentrated on a relatively small number of corridors. Figure 8 highlights segments of the freight transportation ...Direct Freight. Direct Freight is a comprehensive, easy-to-use load board where shippers can post loads and carriers can list trucks. But it also has many more features that make managing loads easier. For example, Direct Freight offers turn-by-turn route plotting and weather insights, along with showing trip miles, and booked and …News that moves you. Our award-winning team combines the best in broadcast journalism with the diesel in our veins as we bring you the inside scoop on what’s happening in freight right now. From deep dives to fast facts, FreightWavesTV covers the world of freight like no one else. All that being said, on average a hotshot trucker makes between $60,000 to $120,000 in gross annual income. Keep in mind that hotshot trucking does require you to pay for your own expenses as well. Fuel, maintenance, insurance, licenses, fees, food, tolls, ELD, and more all come out of your pocket, which will impact your overall income.Instagram:https://instagram. trade in artsunny loan4070 ti salesgoog atock Our monthly data and the Cass Transportation Index Report provide valuable insight into freight trends as they relate to other economic and supply chain ...Robotics strategy is not one size fits all — At Your Doorstep. Modern Shipper provides news and information on the gig economy, including last-mile and on-demand delivery, e-commerce, fulfillment, direct-to-consumer, drones & autonomous vehicles, electric vehicles, and related technologies. best broker for paper tradingearnings date Apr 25, 2023 · The indexes, which are derived from surveys of carriers, brokers and shippers, measure near-term and longer-term profitability, workforce and business investment sentiment. For the first time since we started tracking sentiment in Q4 2022, an overall score has fallen into the negative. FreightWaves SONAR: NTI.USA (white) and NTIF.USA (green). 1795 silver dollar NOV. 9-11, 2021 • VIRTUAL EVENT experience the future of freight Leveraging FreightWaves’ world class media and video production capabilities, the F3 Virtual …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.WebYellow’s plan to close nine terminals emerged last week after it issued a notice to the Teamsters. The proposal also calls for the consolidation of 20 YRC Freight and Reddaway facilities and the realignment of ZIP codes in the West. Yellow ( NASDAQ: YELL) reported its best first quarter in six years after the market closed Tuesday.