Top Stories
News
OTR division of 38-year-old Texas carrier ‘absorbed’ by MVT
Nearly 100 truck drivers for Stagecoach Cartage and Distribution of El Paso, Texas, were notified earlier this week that its over-the-road division was being absorbed by its parent company, which also owns Mesilla Valley Transportation (MVT) of Las Cruces, New Mexico.
Less than Truckload (LTL)
UPS hit with SEC fine over its internal valuation of UPS Freight before TFI sale
Less than Truckload (LTL)
Roadrunner changes hands, accelerates growth efforts
American Shipper
Canada container ports face backlogs, delays
Trade and Compliance
Trump tariffs to slow US trade, says analyst
SONAR High Frequency Data
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| NTI.USANational Truckload Index | 0 | $2.37 | $2.36 |
| NTIL.USANTI (Linehaul Only) | 0.01 | $1.82 | $1.81 |
| NTIDL.USANTI (Linehaul Daily) | -0.01 | $1.83 | $1.85 |
| OTRI.USAOutbound Tender Rejection Index | -0.01 | 6.11 | 6.17 |
| OTVI.USAOutbound Tender Volume Index | -0.02 | 11313.84 | 11588.3 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| MQFWSCTP.USASupply Chain Tech Index | 0 | $4223.2 | $4238.25 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate | 0.23 | 1.92% | 1.56% |
| IMOTRI.CHIIntermodal Outbound CHI Tender Rejection Rate | 0 | 0% | 0% |
Latest News
The Stockout
SONAR expands LTL and intermodal data offering
Data platform now provides LTL rates by class and intermodal contract rates by lane.
State of Freight Webinar
State of Freight live: A bullish post-election trucking market assessment
At an in-person State of Freight, FreightWaves CEO Craig Fuller and SONAR Director of Freight Market Intelligence Zach Strickland talked about why they think the freight market has turned.
Election to strongly impact freight economy
Supply chains will see direct effects regardless of the outcome of the presidential race. But what specific impacts on the freight industry are likely under a Harris versus a Trump administration?
State of Freight for October: The bullish feeling is starting to grow
Forecasts of a bullish freight market were featured in this month’s State of Freight webinar for FreightWaves SONAR.
Editor's Picks
Legal issues
Werner nuclear verdict case in Texas is hugely significant, says attorney at F3
At FreightWaves’ F3: Future of Freight Festival, trucking-focused attorney Matthew Leffler said the $100 million-plus Werner case is “the most important case facing the trucking industry now.”
Trucking Regulation
FMCSA proposes new rules on broker transparency
Regulatory Agencies
Trump to name Fox TV host Sean Duffy to head DOT
American Shipper
Air Cargo
Vancouver airport clears damaged Amazon Air cargo jet from runway area
Recovery efforts for an Amazon Air freighter at Vancouver airport in Canada are underway.
American Shipper
Zim Q3 powered by spot market, new ships
American Shipper
US importers urge Biden to step up Red Sea protections
Container Shipping
Nyshex closes latest funding round, launches shipping rate indexes
Modern Shipper
Technology
Flexibility crucial for warehouse management tech, expert says
Smitha Raphael, chief product and delivery officer at SnapFulfil, highlights why flexibility and seamless integrations in warehouse management tech are now top priorities for 3PLs and B2C companies.
Bankruptcies and Layoffs
Layoffs and Bankruptcies
More layoffs hit freight-related companies across US
UPS, Advance Auto Parts, Great Dane LLC and Ryder Transportation Solutions recently announced a total of 1,277 freight-related job cuts.
Layoffs and Bankruptcies
Over 2,400 layoffs hit supply chain-related firms across US
Layoffs and Bankruptcies
California logistics company files for Chapter 11
AskWaves
Maritime
How safe is Red Sea? Different shipping lines have different answers
Shipping stocks are under pressure as some ocean carriers show faith in military protection from Red Sea attacks.
Chart of the Week
Chart of the Week
Intermodal is containing the truckload market
Could intermodal be capping the truckload market’s potential breakout?
Technology
Net-Zero Carbon
Trucking
Adapting to tomorrow: A vision for sustainable intermodal shipping from Werner
With deep roots in the truckload space and a strong commitment to innovation, Werner has positioned itself as an intermodal leader across the North American markets.
