AI has become a driving force in modern logistics, transforming the industry through continuous innovation and increasing adoption. No longer a technology of the future, AI is now a critical tool in today’s operations. So, what does this mean for freight brokers? FreightWaves and CloneOps.ai have joined forces to explore this question and shed light […]
Greenscreens.ai is being acquired by Triumph Financial Inc. for $140m in cash, $20m in stock.
The Shipper Rate Report — presented in partnership with BlueGrace Logistics and Trimble — is a quarterly publication using SONAR datasets to create the most in-depth rate and demand outlook for shippers. The insights within this paper are curated by the market experts at FreightWaves and backed by the proprietary data and analytics housed in SONAR’s platform. […]
FreightWaves’ Carrier Rate Report — presented in partnership with Trimble and Deloitte — provides a review of the previous quarter and a forecast for the coming months. Featuring responses from a carrier survey alongside SONAR data, the report is designed to provide intelligence that carriers can use to inform their strategies in the months ahead. Key areas […]
The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative agreement on a new six-year master contract. The agreement will replace the expiring contract which had been extended after a short strike in October 2024. The two groups issued a joint statement late Wednesday evening, saying “the two sides […]
In a fast-paced and competitive freight environment, operational efficiency is paramount. Every vehicle breakdown disrupts schedules, increases costs and inconveniences drivers. In order to mitigate the far-reaching consequences associated with roadside breakdowns and unscheduled maintenance, it is important for fleets to understand how their current approaches to these incidents are (or aren’t) working. FreightWaves teamed up […]
Firecrown acquires EnterTRAINment Junction, plans massive motion museum in Chattanooga.
President Jimmy Carter is most known for his human rights advocacy. But his presidency’s role in the deregulation of freight was massively influential on the American economy.
Hyzon Motors Inc. has announced plans to liquidate its business and lay off employees at two facilities.
Current forecasts indicate a significant escalation in tariff levels, potentially rising to an imposing 75% on Mexican goods by September 2026, aligning with a strategic pivot toward a protectionist trade policy.
Pavel Ivanovich Turlak pleaded guilty Friday in the Eastern District of Washington to violating Clean Air Act emissions controls and to fraudulently obtaining COVID-19 relief money.
Logistics firm Freight Essentials filed a federal lawsuit against WWEX Group and its affiliates, alleging that the company is engaging in fraudulent business practices with hidden fees.
Import volumes that rose directly after the election showed that Donald Trump would regain the presidency were concentrated especially heavily in California, according to KCH Transportation Director of Pricing Henry Byers in a discussion at FreightWaves’ 2024 Domestic Supply Chain Summit. He also said there are significantly low rates for shippers.
Steve Blough, a co-founder of MercuryGate International Inc., speaks about how companies can use AI to strengthen decision making.
The Connecticut Department of Transportation is launching a $31 million project to increase truck parking statewide.
Kal Freight, a Texas-based trucking company that filed for Chapter 11 bankruptcy last week, does not plan to lay off any drivers.
In yet another bankruptcy filing in the trucking industry, Kal Freight looks to maintain operations after filing for Chapter 11, which means it will reorganize in hopes of becoming financially stable.
This year, more than 800 drivers will deliver wreaths to more than 4,900 locations across the United States for Wreaths Across America.
High driver turnover rates have long characterized the trucking industry. Replacing drivers is an expensive and time-consuming task, and unrelenting turnover rates can have a significant impact on a carrier’s bottom line. Despite industry-wide efforts to improve retention, the problem persists. In 2023, turnover rates worsened on a year-over-year basis for fleets of all sizes. […]
The Shipper Rate Report — presented in partnership with U.S. Bank and BlueGrace Logistics — is a quarterly publication using freight payment data from U.S. Bank in conjunction with SONAR datasets to create the most in-depth rate and demand outlook for shippers. The insights within this paper are curated by the market experts at FreightWaves and backed by the […]
FreightWaves’ Carrier Rate Report — presented in partnership with Trimble — provides a review of the previous quarter and a forecast for the coming months. Featuring responses from a carrier survey alongside SONAR data, the report is designed to provide intelligence that carriers can use to inform their strategies in the months ahead. Key areas of exploration […]
Areas of California, Illinois and Texas have been key targets for cargo thieves in recent years.
Josh Allen, chief commercial officer at ITS Logistics, spoke Thursday about investments the logistics industry should make in 2025 to develop their companies and workforce.
Adam McElhinney, the CEO of Uptake Technologies, spoke about what opportunities the logistics community has to utilize AI.
Nikola Corp. leader Ryan Clayton said the rising demand for hydrogen could require as many as 50 fueling stations in the next three years to meet the need.
Freight Masters Inc. owner Herman Shaw was sentenced to 30 months in prison for his role in a scheme to defraud the Paycheck Protection Program.
Pilot Flying J named Liz Leon as the company’s 2024 Road Warrior.
Fernando Ruben Guerrero, former customs director for the Port of Veracruz, was killed on Nov. 8.
The North Carolina Department of Transportation announced plans to partially reopen Interstate 40 on Jan. 1 after the remnants of Hurricane Helene destroyed portions of the roadway.
Hurricane Rafael, which struck Cuba as a Category 3 storm, is not expected to hit the United States.
Judy Love, the co-founder of Love’s Travel Stops, died on Tuesday in Oklahoma City. She was 87.
Hurricane Rafael is expected to take aim at the United States after making landfall in Cuba, but the storm’s possible intensity and damage to the U.S. coast remain unclear.
A late night crash on Saturday involving a semi-truck left four people dead and 17 injured in southeast Michigan.
The Environmental Protection Agency has awarded nearly $250 million for a multistate project to add electric truck chargers along the I-95 freight corridor.
The Truckload Carriers Association named Texas driver Michael Dorsey a Highway Angel for his efforts to save lives during the aftermath of Hurricane Helene.
The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR.
Virgin Atlantic is adding its shortest route, but the flights will only haul freight. On Friday, the carrier announced service between London Heathrow and Brussels.
A New Jersey supply chain company is making its workforce more inclusive by partnering with a local nonprofit to train people who have autism, providing them skills to become competitive job candidates.
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform. October’s session includes an overview of recent disruptive impacts to the supply chain from hurricanes and strikes, likely policy changes based on the outcome of the U.S. presidential contest, and intermodal’s role in the evolution of […]
The National Transportation Safety Board said an improperly installed borescope plug led to a January engine fire on an Atlas Air Boeing 747. Maintenance on the aircraft was performed just four days before the incident.
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The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR.
Taylor Swift, who is currently on her Eras Tour, paid over $15 million to ship stage equipment from the United Kingdom to the United States.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
FedEx transported six giant pandas between the United States and China this week on what the company calls the “FedEx Panda Express.”
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Former American Trucking Associations CEO and President Thomas J. Donohue, hailed as “a powerful voice for all businesses, employers and their employees,” died Monday. He was 86 years old.
The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR.
Hurricane Milton caused at least $160 billion in damage and economic loss, according to a preliminary estimate from AccuWeather.
Air Canada pilots voted in favor of a new collective bargaining agreement Thursday that includes several pay increases and quality-of-life improvements. Described as the airline’s largest-ever labor contract, the deal moves pilot compensation more in line with that of their U.S. peers.
Hurricane Milton smashed into Florida around 8:30 p.m. Wednesday as a Category 3 near Siesta Key and was making its way across Florida on Thursday.
Hurricane Milton has struck Florida, less than two weeks after the devastation of Hurricane Helene. American Logistics Aid Network brings together nonprofits and supply chain companies to effectively target disaster relief. But what does that actually entail?
Food retailers with distribution hubs in Hurricane Milton’s path are preparing for the storm to make landfall overnight Wednesday.
Category 4 Hurricane Milton is expected to hit Florida late Wednesday or early Thursday, bringing catastrophic flooding and life-threatening conditions less than two weeks after Helene battered the state.
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Some Florida ports shuttered Tuesday ahead of Hurricane Milton, which is expected to continue growing in size before making landfall as a life-threatening storm.
Tampa’s port is bracing for Hurricane Milton as the projected Category 5 storm rapidly strengthens as it barrels toward the state.
The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR.
Logistics companies are stepping up to help in Hurricane Helene’s aftermath.
East and Gulf Coast ports were lined with International Longshoremen’s Association members picketing against the United States Maritime Alliance before coming to an agreement. This is a firsthand look at the strike at Port Houston.
A Wyoming trucking company owner is facing an Equal Employment Opportunity Commission lawsuit alleging that he sexually harassed multiple female employees.
Tristen Utter was nearly finished with his first delivery to North Carolina when he was caught in the disastrous and deadly remnants of Hurricane Helene, stranding him for days with no way to contact loved ones.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Your weekly fuel report has arrived!
Hundreds of roadways are closed in North Carolina, including parts of two interstates, snarling delivery routes and posing a challenge for the logistics community as it works to get supplies to residents.
The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR.
Ports are assessing damage after Hurricane Helene roared into Florida as a Category 4 storm.
This monthly report analyzes the current state of the freight market based on critical insights from our SONAR platform. September’s session includes an overview of current freight market conditions and macroeconomic trends, along with a forward look at Q4. All insights are provided by FreightWaves’ Craig Fuller, Founder and CEO, and Zach Strickland, Head of […]
Most Florida ports were closed Thursday ahead of Hurricane Helene’s arrival in the Big Bend region, threatening what meteorologists called a deadly Category 2 storm expected to grow stronger before making landfall.
Florida ports are preparing for Hurricane Helene, which is expected to make landfall in Florida on Thursday and bring life-threatening conditions with it.
In recent years, fleet managers and decision-makers have witnessed a significant technological transformation in the transportation industry. Today, regardless of the challenges a company encounters, there’s likely an advanced tech solution available to meet those needs. T-Mobile for Business partnered with FreightWaves to gain a better understanding of how today’s fleet managers think about technology […]
The families of those who died in the Francis Scott Key Bridge collapse in Baltimore have filed wrongful death claims in federal court against the owner and operator of the container ship Dali.
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EVO Transportation & Energy Services has acquired West Side Transport, expanding its geographic footprint and enhancing service offerings.
Ports along the Gulf Coast are monitoring a storm in the Caribbean that AccuWeather meteorologists predict will strengthen into a hurricane and hit the area on Thursday.
The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR.
A Transportation Intermediaries Association report says the freight industry is “under siege” from fraud and must evolve to fight the ballooning problem.
Paul Kroes, the trailer innovation leader at Thermo King, discusses the future of sustainability and innovation in refrigeration transportation.
Jason Massey, CEO of Ndustrial, an AI-powered energy intensity platform for the $60B industrial market, and FreightWaves group lead Brielle Jaekel will discuss the cold chain challenges that are contributing to the industrial market’s high energy usage including transportation costs, Scope 3 emissions, and coincident peaks.
The U.S. Department of Justice on Wednesday filed a federal suit against the owner and operator of the Dali, the container ship that struck the Francis Scott Key Bridge, causing it to collapse.
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Aaron Rudolf, who owns Rudy’s Performance Parts in Burlington, North Carolina, must pay $10 million in criminal and civil fines for an emissions defeat device scheme.