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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 averagesfiles.freightwaves.comAmerican 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.Although the market was filled with rumors of bankruptcy at Convoy Wednesday morning — not surprising when all loads are summarily canceled — there has been no bankruptcy filing by Convoy, according to a check of public records by FreightWaves. In April 2022, Convoy was valued at $3.8 billion after an investment of $260 million in a Series ...

FreightWaves' YouTube channel provides videos related to relevant content and industry news and information. Visit us at freightwaves.com and on LinkedIn, Facebook and …Aug 2, 2022 · Attorneys filing a successful PAGA action are entitled to a recovery of “reasonable expenses.”. Going to trial often can result in costs in excess of $300,000, he said. “So it’s a nightmare,” he added. At the end of the process, an employee might “walk out with $2.47.”. AB5, a law defining independent contractor status in ... 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 freight industry creates more than ...

FreightWaves and Echo Global Logistics partnered to survey industry professionals in the supply chain, including shippers, carriers, 3PLs/brokers and others, to gauge their perceptions on market indicators, the state of consumer spending and predictions, upcoming budgets, and the digital tools they plan to implement.

F3: Future of Freight Festival | Nov. 7-9, 2023. Join us in Chattanooga, TN for a festival like no other!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.UPS Airlines (NYSE: UPS) flights to Israel are still suspended, spokeswoman Michelle Polk said. “UPS is closely monitoring the situation and we have temporarily suspended operations in Israel including all inbound and outbound flights until further notice,” the Atlanta-based logistics integrator said in an online service bulletin.An Elite Transit spokesperson wrote in an email to FreightWaves that “there are still employees” working at the freight brokerage. After initially firing the majority of Elite Transit’s remaining workforce via Microsoft Teams on Nov. 3, which ex-employees stated was around 65 employees, Johnson kept on around 10-12 employees.The World's Freight Market Forecasting and Analytics Platform | FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity ...

Purchase: A freight broker purchases a surety bond from a surety company or bond agency. The FMCSA requires a bond of at least $75,000, but you should also research your state’s requirements. Obligation: The freight broker must abide by the rules and regulations laid down by the FMCSA and any state-specific laws.

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UPS (NYSE: UPS) has 3,300 pilots who are represented by the Independent Pilots Association (IPA), a separate union from the Teamsters. “If the Teamsters are on strike, we will honor that strike and we will not fly,” IPA spokesman Brian Gaudet told FreightWaves. UPS pilots are allowed under their collective bargaining agreement to …Daniel Pickett, I'm a touch less optimistic based on the trucking ton-mile index I coauthor for a meaningful YoY volume recovery.September 2023 (most recent data due to the longer lag of the ...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’ …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 ... 1 company has taken care of the logistics since 1982. Did you know the same company has delivered the holiday tree to Rockefeller Plaza in New York City since 1982? This year the famous Christmas tree that lights up Rockefeller Plaza is from Vestal, New York. The tree has been a tradition in the plaza since 1931.files.freightwaves.com

4 min. The beleaguered freight division of Qantas Airways said late Thursday that it could take another two weeks for some key cargo terminals in Australia to dig out from the logjam of shipments caused by a troublesome switchover to a new cargo management system. Data from the legacy system was supposed to be integrated into the new one, …FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our …Aug 2, 2022 · Attorneys filing a successful PAGA action are entitled to a recovery of “reasonable expenses.”. Going to trial often can result in costs in excess of $300,000, he said. “So it’s a nightmare,” he added. At the end of the process, an employee might “walk out with $2.47.”. AB5, a law defining independent contractor status in ... Jul 18, 2023 · The Teamsters union has a $300 million to $350 million fund to support workers with strike pay, but UPS pilots who don’t report to work will bear the burden on their own. “We don’t have a strike fund,” said Gaudet. UPS pilots ratified a two-year contract extension last August. Bascome Majors, a senior transportation equity analyst at ... 3 min. Brad Jacobs has chosen the vessel for his next act. The man who put together the XPO freight conglomerate and then sold it off in pieces to leave behind the LTL-focused XPO, stand-alone 3PL RXO and contract logistics company GXO is leading a $1 billion investment in a company called SilverSun Technologies, which is publicly traded on the ...Lineage Logistics has raised nearly $7 billion in equity since early 2020. (Photo: Jim Allen/FreightWaves) Temperature-controlled storage and logistics provider Lineage Logistics has been reported to be pursuing a more than $30 billion initial public offering for next year. Backed by private equity firm Bay Grove, Novi, Michigan-based …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. Start Watching Now On Demand Content Whether you like to watch ...

J.H. Walker Trucking has operated in Houston as an expedited oilfield transportation provider for over 30 years. The carrier utilizes everything from pickup trucks to cargo vans to 48-foot flatbed tractor-trailers to transport goods. Walker said his company operates over 200 trucks, delivering 700 to 800 average loads per day.

FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank.Tender rejections off to strong start in 2021. · Saturday, January 09, 2021. Photo: Jim Allen/FreightWaves. Due to its calculation and presentation as a seven-day moving average, OTVI remains distorted by the New Year’s holiday. However, even in its trough, we can compare year-over-year (y/y) growth. On an adjusted basis after removing the ...Please note, we have recently updated this website and your password may have changed. If you have trouble logging in use "Forgot Password" and your emailFreightWaves was created at a time when freight brokerages morphed from a small part of the industry to a dominant force. FreightWaves owes a lot of our success to this reality. But much of the brokerage industry’s growth has been fueled by financing structures, such as venture capital (VC) and asset-based lines of credit.Feb 3, 2022 · FreightWaves Insiders – Episode 1: The Sultan of SONAR. This is FreightWaves Insiders. Step inside the tribe as our market experts share their boots-on-the-ground experience from the front lines of FreightTech’s emergence. On our first episode, Zach “The Sultan of SONAR” Strickland joins Tim Dooner to discuss how his experience in ... The transportation sector has recognized its role and is paving the way for a more sustainable future. From fuel efficiency and greenhouse gas reduction goals to hydrogen …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 SONAR’s price, demand, and capacity data spans across all modes to allow logistics leaders to benchmark, analyze, monitor, and forecast the global physical economy.2018 was a good year for trucking, but with so much capacity added over the past five years, a reset to those levels is not cause for celebration. According to the Federal Motor Carrier Safety Administration, the number of trucks in the for-hire market is up 29% since early 2018. It will take time to bleed off excess capacity.

Nov 15, 2023 · FreightWaves truckload freight coverage is your leading source of truckload news and information via freight data. Subscribe now for free.

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 freight industry creates more than ...

Jun 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. Drivers for Sunset Logistics were inspected 184 times and six were placed out of service, resulting in a 3.3% out-of-service rate. The national average is nearly 7%. The company’s insurance is slated to be canceled Nov. 4, according to FMCSA’s data. Over the past 24 months, its trucks have been involved in three injury crashes and 15 towaways.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 ...Quicklook: Best Trucking Companies Hiring Inexperienced Drivers. Best For Training: Roehl – Quick Apply Now. Best For Flexible Home Time: Fraley & Schilling – Match Now. Best For Innovation and …Nov 17, 2023 · The layoffs, which occurred Oct. 16, affected 55 truck drivers, four dispatchers and seven mechanics, according to a recent filing with the Texas Workforce Commission. FreightWaves’ Noi Mahoney reported the story. Nov. 4: Approximately 65 employees of Pittsburgh-based Elite Transit Solutions were laid off. In partnership, Talon Logistics and FreightWaves conducted a survey focusing on North American supply chains across diverse industries. This survey revealed an intricate web of preferences, satisfaction levels and emerging concerns that should guide both shippers and logistics providers in strategic decision-making through 2024.Please note, we have recently updated this website and your password may have changed. If you have trouble logging in use "Forgot Password" and your email Sep 14, 2022 · FreightWaves announced on Wednesday the latest FreightTech 100 — a selection of the most innovative companies in the freight technology space. This is the fifth annual iteration for the award. Over the past few months, FreightWaves has received more than 1,500 nominations for 423 companies. In the 2008 freight recession, freight brokerages were a much smaller percentage of the overall trucking market, representing just 10% of the total freight in the market. This number has doubled since then, along with the quality of freight. When I was working the freight desk at U.S. Xpress in the early 2000s, freight brokerages weren’t a ...4 min. With the first requirements of California’s Advanced Clean Fleets (ACF) rule set to go in effect in just a few weeks, the California Trucking Association (CTA) has asked a federal court to block the regulation’s implementation. The lawsuit, filed Monday in the U.S. District Court for the Eastern District of California, requests both ...The new, small truckers that flooded the market in the last few years were less likely to have those sort of long-term relationships with big retailers and manufacturers. They lost out on any bump in contract rates earlier this year. Now, Vise said spot accounts for about 30% of the market. Danaf estimated that number was 18%.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’ …

3 min. Brad Jacobs has chosen the vessel for his next act. The man who put together the XPO freight conglomerate and then sold it off in pieces to leave behind the LTL-focused XPO, stand-alone 3PL RXO and contract logistics company GXO is leading a $1 billion investment in a company called SilverSun Technologies, which is publicly traded on the ...FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank.Oct 27, 2023 · 3 min. After 26 years in the transportation industry, with the past 12 years at the helm of the logistics company he founded and bootstrapped in 2011, Dennis Martin says he is winding down operations. In an exclusive interview with FreightWaves, Martin, CEO of SEL Supply Chain Solutions (SELSCS) of Fort Worth, Texas, said his year started off ... The latest tweets from @FreightWavesInstagram:https://instagram. next short squeezefidelity pre market tradingquarter bicentennialvr stocks Please note, we have recently updated this website and your password may have changed. If you have trouble logging in use "Forgot Password" and your email living from paycheck to paycheckcirculated vs uncirculated coins FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. w.w. grainger stock Brokers and 3PLs began with a lower sentiment of 9.84 in Q4 2022, which dipped further in Q1 2023 to 6.97. Their sentiment saw a fluctuation, climbing to 9.39 in Q2 2023 and peaking at 12.55 in Q3 2023, indicating a resurgence of confidence, before descending again to 8.78 in Q4 2023.4 min. The beleaguered freight division of Qantas Airways said late Thursday that it could take another two weeks for some key cargo terminals in Australia to dig out from the logjam of shipments caused by a troublesome switchover to a new cargo management system. Data from the legacy system was supposed to be integrated into the new one, …Truckload Freight. Stay Up to Date on the Truckload Industry. Truckload shipping refers to the movement of freight in the amounts necessary to fill an entire semi …