What happens to freight and rail rates after coronavirus disappears? (with video)
Head of academic center sees spike in rates, or continued pain through the sector.
Stay tuned on this page for all news related to COVID-19 and its impact on the freight markets.
Head of academic center sees spike in rates, or continued pain through the sector.
Higher margins from completed vehicles help offset hit from GM strike as Canadian auto manufacturer warns of potential impact of coronavirus.
Plus: The Urban Freight Lab does it again
Grupo HG Transportaciones’ new Cascadia trucks are equipped with Detroit DD13 engines and Detroit Assurance technology, aiming to increase driving safety.
The magnitude of declines over the next few months from the virus as well as lingering tariffs will have broad flow-through effects on the U.S. economy.
Atlas Air had a difficult year in 2019, but has made some tactical decisions to turn around its financial performance.
This week, the shippers gain pricing power for the 5th time in the first seven weeks of 2020. Volumes are flat, rejection rates are low and rates are even lower.
Spot freight may only account for 10-20% of total freight moved in the U.S., but its activity paints the picture of the entire freight market. Tom Mallon joins to discuss the direction of rates in 2020. Also; Coronavirus update along with the current state of the market as well as recent economic releases.
Big data confirms China trade volumes fell off a cliff in the wake of the coronavirus.
2020 is shaping up to be a difficult year for the airline industry because of the coronavirus and uncertainty over when demand for China travel will pick up once the outbreak has subsided.
Average income for independent owner operators dropped in ’19, but maybe not as much as you might have thought.
LNG growth expected to double by 2040; shipment volumes in U.S. plunge y-o-y; grocers take control of shelf space.
Heavy-duty transmission maker Allison reported lower sales and profits across its product line with its North America on-highway business the sole exception.
Outlook of world’s largest container line hinges on timing of coronavirus containment.
Headwinds from one-time expenses, geopolitical tensions in Asia and the grounding of Boeing 737 MAX aircraft kept Air Canada from growing profits in line with stock market expectations.
Asian refineries suddenly have too much gasoline, diesel and jet fuel. Buyers in the West are taking the overflow, a plus for product tankers.
After taking a holiday breather, Trucking Freight Futures continued their February swoon on Tuesday.
The Canadian Trucking Alliance calls for an end to disruptions to Canadian National’s network as it warns of effect on intermodal carriers and the broader industry.
Declines in Cass data accelerate but report calls for rates to inflect higher in 2020.
Cost to ship containers from China is down 6-8% but dearth of cargo may limit discounts.
The second half of 2020 is shaping up to be either very good or very bad for dry bulk shipping.
Looking like a scene from the Fox drama “24” where Kiefer Sutherland deals with biological weapons, technicians in hazmat suits spray down Volga-Dnepr cargo planes with disinfectant and take other precautions against the coronavirus.
EXPD earnings fell 23% year-over-year; management cited the business cycle and warned about Q1 coronavirus impacts.
Daimler Trucks and Torc Robotics are expanding autonomous driving tests on new routes, plus the outlook for diesel prices remains stable, coronavirus to hit Apple earnings and the Dairy Farmers of America may have saved the day.
Companies that have been outsourcing and far-sourcing their supplies might now look to source closer to their assembly line to have flexibility during times of disruption.
Walmart’s fiscal fourth quarter comes in light of expectations as holiday activity was lower than expected.
The coronavirus has created a weird market dynamic for airfreight in China. There is very little demand for scheduled flights to move manufactured goods, but charter flights are in high demand to get medical and relief supplies to China. And airfreight rates are poised to jump once Chinese factories fire back up.
Knight-Swift will integrate Truckstop.com’s Book It Now digital freight offering into its logistics operation, and provide access to Truckstop.com’s load board for its owner-operator and carrier partners.
On this President’s Day episode, Dooner and Chad are talking about a trucker shot over a parking spot, the incoming capacity crunch, and the White House China trade deal watchdog group.
Inland trucking slowdown in China leaves port reefer plugs full, blocking refrigerated food imports.
Ending the coronavirus worries won’t be enough for out-of-balance markets, according to Energy Aspects.
DHL has issued layoff notices for 134 workers in Detroit as it seeks to renegotiate a contract with a supplier. Also, Amazon ditches delivery providers, rail and intermodal volumes drops.
Stay up to date with all your favorite FreightWaves podcasts!
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: project44 promotes freight visibility in USMCA era; Amazon leases 1 million-square-foot […]
Covenant Transportation’s Joey Hogan and Jet Express’ Kevin Burch talk capacity, insurance, trucking’s image and a lot more in wide-ranging discussion at ACT Research event.
This week we make a clean sweep of the headlines and all the freight and logistics action. It’s a tough balancing act, getting it all in a single live episode […]
While capacity utilization in long-haul trucking is going down, the capacity needs of last-mile delivery are increasing due to the rise of e-commerce.
rector of Research Kevin Hill chats with Director of Passport Research JP Hampstead about the state of rates in this first part of 2020. They also talk about research, how the Coronavirus continues to impact volumes, and the struggles of the Los Angeles market.
Trade risks will intensify if the virus spreads from China to the global pool of seafarers.
On today’s Valentine’s Day episode, we’re talking about two carrier shutdowns, Wayfair layoffs, and Celadon repo scams, more
Trucking Freight Futures fell sharply on Thursday as the short-term impact of the coronavirus weighed on the market.
Shipping bosses warn of huge economic knock-on effects from the coronavirus outbreak.
Key forecast sees the coronavirus as having a big impact on demand in the first quarter.
Coronavirus impacts oil demand growth; electric cars have lesser emissions than 50 mpg cars; delivery companies lose $6 billion annually on inaccurate mapping.
Recent changes in electronic logging device mandates put a hit on the company’s bottom line in 2019 — and probably in 2020.
No evidence yet of a rush to expedite exports ahead of feared price increase.
Year-to-date U.S. rail volumes are still sluggish, and the effect of the coronavirus on intermodal volumes remains unclear.
Coronavirus is not yet affecting rates, but it is influencing where U.S. importers look to source cargo.
Canadian e-commerce company sticks to measured approach to building out its U.S. fulfillment network after reporting nearly 50% jump in sales.
Earnings calls shed new light on how ocean shipping bosses view coronavirus crisis.
We discuss how the coronavirus is affecting freight flows from China with special guest Lori Ann LaRocco from CNBC. Earnings season is also in full swing, and it looks like […]
On this weekday’s supply of What The Truck?!?, Dooner and Prevost have your loadboard covered. Why are 90% of drivers failing to register in Drug and Alcohol Clearinghouse? Despite calls […]
European supply chain platform Shippeo raises $22 million for expansion. Plus, Rhode Island aims to boost truck toll fees, global container movement falls and Nikola unveils electric pickup.
Many indicators are pointing to a better 2020 than 2019 for the freight industry, but several challenges remain, including impacts from the coronavirus.
Radiant Logistics reports a 25% slowdown in its last calendar quarter of 2019.
Importers and exporters can expect shipping delays and skyrocketing transportation budgets associated with the logistics challenges in China associated with the coronavirus in China. But there are steps companies can take to minimize the damage to customers and their bottom lines.
From container shipping to tanker transport, markets are awash in coronavirus fallout.
Stay up to date with all your favorite FreightWaves podcasts!
It’s snowing on our 150th episode!
AB5 going nationwide, trucker parking, coronavirus hits retail, and more on the 15th episode of WHAT THE TRUCK?!?
Good day, Self-driving vehicle startup Nuro has won approval from federal regulators to test its battery-powered driverless delivery vehicles on public streets. According to a news release, the National Highway […]
Mexico’s trade with the United States rose to $614.5 billion in 2019, up 0.5% above its total trade in 2018, according to U.S. Department of Commerce data released Wednesday. That […]
Pilots hold many of the cards when it comes to cargo capacity in China. If they decline flight assignments to avoid catching the coronavirus, lots of merchandise and supplies won’t get delivered on time.
Autonomous electric shuttles hit Columbus; global auto market might slowdown over coronavirus; Nikola Motor to produce trucks in Germany
Lori Ann LaRocco writes about the impact of coronavirus on maritime trade between China and the U.S.
Anthony and Zach, along with special guest Donny Gilbert, take a deeper dive into the freight market trailer pool and discuss the types of freight they haul, their characteristics, and their place in the broader market. Additional topics include another California regulation, coronavirus, and the surprising jump in the PMI.
More tariff and sanction risks lie ahead for ocean shipping.
Year-over-year truck orders rose 10% to 17,700 in January, but bookings remain anemic as fleets place only critical equipment replacement orders.
Airlines continue to react to the spread of the coronavirus by cutting more flights.
Big one-day drop comes on heels of more restrictions for vessel calls, and concerns about slower demand.
The coronavirus could present a silver lining for freighter operators, but any boost in business may be weeks or months away, depending on how long the contagion lasts.
Engine maker Cummins already was predicting a difficult 2020 before the outbreak of the coronavirus in Wuhan, China, where Cummins’ manufacturing operations are shuttered.
In this episode, Market Expert Donny Gilbert talks to brokers about how snow is affecting Western markets, Director of Freight Market Intelligence Zach Strickland brings you the Carrier Update presented […]
The tolls in Connecticut may have a special place for the semis that drive their roads.
Spartan Motors has sold its emergency vehicle manufacturing division so it can focus on growth opportunities in commercial and last-mile vehicle development. Plus, Connecticut plans a toll vote, a startup wants to move freight transport underground, and Oregon truckers are ready to protest.
Nippon Cargo Airlines’ parent company is taking a $144 million charge against earnings.
“As long as there continues to be a lack of cargo and documentation handling in the ports due to the virus, our exporters and importers shouldn’t be on the hook for per diem or demurrage charges,” AgTC Executive Director Peter Friedmann said.
Nurse your Super Bowl-induced hangovers with news about Connecticut’s controversial truck tolling plan, a $7.4 million bridge strike verdict, and coronavirus extends Chinese New Year shutdowns, oil, more
Dry bulk rates were already terrible — then came the coronavirus, and they’re getting even worse.
World’s second largest oil consumer taking extended holiday to deal with virus, keeping businesses shuttered.
Is Amazon moving more logistics work in-house; everyone is moving to Atlanta but trucks should leave
Ships recently in China considered a “hazardous condition”
Tender rejections: Looking into the week, we expect the capacity to continue to loosen as volumes remain at midwinter levels. Occasional surges in demand are not unheard of in February, […]
The Wuhan coronavirus has forced several Chinese cities into a state of lockdown, severely affecting manufacturing hubs and constricting global supply chains.
Asia-Europe trade sees five sailings cancelled due to coronavirus as global shipping companies remain on lockdown for another week.
The long-haul list of this week’s podcasts.
The message is now pretty clear: that the rule hasn’t hit markets yet doesn’t mean much.
The coronavirus is having a far-reaching impact across the globe. The timing may make things worse for domestic trucking.
It was conventional wisdom, accepted by all – the price of diesel was going to rise, and IMO 2020 was the cause. One example of many, a report by the […]
Director of Passport Research JP Hampstead chats with Director of Freight Market Intelligence Zach Strickland to discuss what’s happening with rates this week. Listen to the podcast or watch the video.
On Friday’s What The Truck?!? we talk coronavirus, ELDs, freight forecasting and more
FreightWaves team of market experts look at the outlook for the freight market in 2020. Topics covered include the macro, micro, trucking, intermodal, airfreight, digital brokerages, and even the impact of the coronavirus.
Pricing data implies pendulum is swinging even more toward East Coast ports at expense of West Coast.
Still too early to confirm coronavirus fallout in trans-Pacific freight pricing data.
On today’s episode, Dooner and Chad are talking about the impact the coronavirus could have on freight, whether C.H. Robinson’s rough earnings are a warning sign of things to come
It’s difficult to keep up with the flight suspensions being announced by airlines to China amid fear about the coronavirus outbreak.
Plus: Pilot project allows food stamp recipients to pay for Amazon grocery delivery.
The World Health Organization’s leadership went out of its way to praise China for its handling of the deadly outbreak.
This week’s DHL Supply Chain Pricing Power Index: 30 (Shippers) Last week’s DHL Supply Chain Pricing Power Index: 35 (Shippers) Three-month DHL Supply Chain Pricing Power Index Outlook: 45 (Shippers) […]