The 2nd Annual Supply Chain Data Analytics Competition is held for students to make sense of the cost points within supply chains and find ways to reduce shipper-associated expenses.
Each week, FreightWaves will release a short video highlighting the top moving markets around the country using our proprietary datasets. Included in this weekly update will be a combination of […]
The current talk on the Coronavirus has basically created a huge pause in the market. The fear of the unknown of this virus is only adding to the further unknowns the industry is tackling. The capacity of trucks seems to be dwindling with financial failures; carriers just quitting business; the low number of new units purchased in 2019 and on order now; plus the plummeting used truck values.
I have enjoyed my tenure as TCA Profitability Program (TPP) Retention Coach for many reasons but mostly as it has given me the opportunity to visit several trucking companies on both sides of the border. I genuinely love taking a brief look “under the hood” of these great companies and relish the opportunities in helping to reduce the driver turnover numbers. Helping to make a company successful gives me great deal of pride when drivers don’t have to go home and tell their families they no longer have a job.
“It was the best of times; it was the worst of times,” – Charles Dickens, A Tale of Two Cities
Had Charles Dickens been a trucker in 2019, it would have been highly likely that he would have truncated this famous sentence to “It was the worst of times.” The freight recession that started in early 2019 has unfortunately continued, and for many has gotten worse. Profits have been almost non-existent for carriers of all sizes, and for a large portion of the carrier population, the entire year of business ended with absolutely nothing to show for it, not to mention cash injections from owners.
Spin works with local governments to receive permits for using e-scooter shared mobility across city streets, rather than aggressive expansion by flouting city rules.
The carriers gained pricing power this week as volumes jumped over 6%, capacity tightened slightly and spot rates increased across the country.
Spike in demand for household essentials; Chinese manufacturers suffer under virus attack; H&M opening up its supply chain.
Data Gumbo has joined the Blockchain in Transport Alliance. Learn about Data Gumbo’s services and what BiTA is doing to develop blockchain standards.
FreightWaves SONAR clients will have access to Truckstop.com rates
CarrierHQ introduces a new portal that helps owner-operators and small fleets gain authority in the market by providing them services to get started and run successful businesses.
As fewer ships arrive from China, there’s less capacity and equipment for U.S. and European container exports.
project44 has introduced the industry’s first carrier onboarding service level agreement (SLA) that promises shippers a significant reduction to their time-to-value.
Texas-based TUYA has built a platform that helps B2B’s have real-time visibility over their product movement as they work with delivery companies.
This white paper brought to you by PostBidShip, explores how Ming’s Recycling, a California recycler, is growing a sustainable business.
This white paper explores how artificial intelligence can help the industry humanize analytics and achieve better outcomes.
Each week, FreightWaves will release a short video highlighting the top moving markets around the country using our proprietary datasets.
Every FreightWaves article is designed to assist our readers in becoming the most informed professionals in the transportation and logistics industry. These articles may have flown under your radar this week. […]
The World Health Organization on Friday raised its assessment of the global coronavirus risk from “high” to “very high,” the most serious assessment in its new four-stage alert system. “This […]
The coronavirus has made its first impact upon the American economy – the stock market. The novel virus is also impacting import volumes from China and the effect will quickly trickle into the trucking market. It has not yet, but will soon. This week, spot rates bounced back slightly with a bump in outbound volumes. Capacity remains very loose.
Americans view foreign trade positively; Tesla records only 12.2 miles of self-driving in 2019; cab-hailing companies have an emissions problem.
There’s a lot to get excited about for what’s coming up at FreightWaves LIVE in Atlanta May 5-6 at the Georgia International Convention Center. Among those things are the live, […]
Video telematics company Lytx has introduced a risk detection tool that will identify and engage with drivers who are prone to distracted driving.
OneRail is a last-mile orchestration and fulfillment platform that consolidates the needs of shippers and retailers onto a single platform.
Simplicity — Coyote’s guiding philosophy in its quest to make the diverse marketplace easier to access regardless of the end user — has served the company well. After its founding […]
This white paper, brought to you by Flock Freight, explores the countless inefficiencies that affect sustainability within the LTL shipping industry, as well as what green solutions are available for shippers.
The good news for diesel consumers in the global sell-off of commodities and equities Monday is that diesel prices fell further than most other financial assets.
Ecommerce is a competitive market, and companies need to provide a highly flexible delivery experience to retain their customers.
Descartes will now serve an extended ecommerce customer base that is looking to enhance its direct-to-consumer fulfillment performance.
FreightWaves LIVE, the premier freight conference of the year, is coming back to Atlanta, bigger and greater than ever before. Leading the incredible lineup of industry keynotes, speakers, and fast-paced […]
Each week, FreightWaves will release a short video highlighting the top moving markets around the country using our proprietary datasets. Included in this weekly update will be a combination of […]
Every FreightWaves article is designed to assist our readers in becoming the most informed professionals in the transportation and logistics industry. These articles may have flown under your radar this week. […]
Plus: The Urban Freight Lab does it again
FreightWaves partnered with TriumphPay to produce an infographic exploring 5 supply chain trends to watch in 2020.
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.
Federated Co-operatives Limited (FCL) announced yesterday that it is “committed to providing financial relief to all of the independent lease-operated truckers contracted by FCL whose livelihoods have been negatively impacted […]
As I wrote last week, the driver is the thermostat to trucking capacity. In my work, I have the greatest opportunity to meet and facilitate driver advisory boards. These driver advisory boards are made up of professional drivers and independent contractors that have open discussions with carrier management on how they can both make the company, the lifestyle, and their chosen career better. It’s a refreshing engagement with the folks that just plain get it done every day.
LNG growth expected to double by 2040; shipment volumes in U.S. plunge y-o-y; grocers take control of shelf space.
Electriphi provides solutions for vehicle electrification and has developed a charging and operations management platform that is built over open standards.
CalAmp introduces iOn Tag and iOn Vision solutions that will improve operations, provide long-term cost savings and enhance driver safety.
FreightWaves partnered with Blackburn Energy on an infographic detailing the benefits of truck electrification.
Media outlets have customers just like any business, and both want positive results for their customers, so there is a mutual benefit to working together.
The bankruptcy of several trucking firms has impacted capacity and U.S. trailer availability in Mexico, forcing companies to look at different ways to keep freight rates low.
Shipper insights and sentiment for freight rates and volumes over the next three months
Today, Kevin and Andrew have two special guests: Bill Vitti, chief commercial officer of Truckstop, explains the recently announced partnership with Knight-Swift; then Peter Rentschler from Carrier Direct discusses his […]
A trucking company recently asked a federal court in Arkansas to reconsider its decision certifying a class of drivers based on allegations that time spent in a sleeper birth should be counted as hours worked under the FLSA, due to a newly released Department of Labor (“DOL”) Opinion Letter.
Cost to ship containers from China is down 6-8% but dearth of cargo may limit discounts.
Nothing fires up the trucking community like a strong opinion on the driver shortage. From its inception, FreightWaves waded into the conversation, balancing perspectives from both ends of the continuum. […]
Samsara has upgraded its fleet management platform to provide Amazon-like visibility and flexibility to deliver its clients a standout customer experience.
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.
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.
Cost inflation continues to mount, likely resulting in a further exodus of capacity.
Ben Thrower explores the U.S. food chain is complex, but provides a cornucopia of food choices in almost unlimited supply.
In a monotonous week in the freight industry, we believe neither the shippers nor carriers gained any pricing power.
Coronavirus impacts oil demand growth; electric cars have lesser emissions than 50 mpg cars; delivery companies lose $6 billion annually on inaccurate mapping.
Swiss food products giant Nestle S.A. (OTC: NSRGY) has announced plans to spend up to $2 billion to cut plastic waste, but CEO Ulf Mark Schneider said in a CNBC […]
No evidence yet of a rush to expedite exports ahead of feared price increase.
Coronavirus is not yet affecting rates, but it is influencing where U.S. importers look to source cargo.
After a long history of bears pulling down its stock price, Tesla is now witnessing an astonishing surge in its market value. Since the start of this year, Tesla’s stocks […]
Apex.AI is an autonomous driving startup that builds software on the Robot Operating System (ROS), bringing improved safety to vehicles.
Lending environment expected to change little
Warmer weather here I come……!! As I prepare to attend the TCA’s Annual Convention — Truckload 2020: Orlando — I reflect on the many years of education that I absorbed by being a sponge from my peers. I want to say thank you!!
The van is donated by Daimler’s Freightliner, and the decal wrap by Stoops Freightliner.
FreightRoll is a trade documentation and tracking platform that enables companies to digitalize paper documents from their freight operations.
This strategic partnership will provide Redwood customers with visibility into an additional 500,000 trucks.
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 […]
Apart from being emissions free, electric vehicles will have a much less total cost of ownership than conventional diesel vehicles.
Many freight and logistics providers have reported weak earnings in the past few weeks. Due to the current operating environment, these totals were expected and investors have begun buying into the second half recovery story.
As I see it, it looks like we are going into one of those new “roller coaster” trucking capacity situations for the transportation and shipping community to manage through.
Too much data leads to fueling issues for WEX. This and other stories you may have missed this week.
It’s snowing on our 150th episode!
The National Labor Relations Board (NLRB) is a federal agency that administers the National Labor Relations Act (NLRA) by overseeing and managing relationships between unions and private-sector employers. Between December 16–19, 2019, the NLRB issued a trio of rulings that reversed prior union/employee-friendly decisions
Sendengo is a digital freight brokerage that enables users to control transactions and helps reduce cargo theft.
U.S. DOT green lights Nuro with first ever autonomous vehicle exemption
Shippers gain another 5 points of pricing power in this week’s DHL Supply Chain Pricing Power Index.
Autonomous electric shuttles hit Columbus; global auto market might slowdown over coronavirus; Nikola Motor to produce trucks in Germany
On January 28, TCA staffers attended the U.S. Department of Transportation’s “100 Pledges in 100 Days” event, which focused on combating human trafficking in the transportation sector.
The Federal Aviation Administration’s drone remote identification rulemaking was years in the making, but the agency doesn’t want to give industry and drone users extra time to comment on its […]
If you still thought Blackberry (NYSE: BB) was a smartphone for nerds who want a superior typing tool, where have you been? Not only does the company no longer produce […]
The startup plans to triple its team size by the end of 2020.
Data analytics startup ClearMetal pioneers continuous delivery experience (CDX) that enables logistics stakeholders to optimize supply chains and improve customer experience.
GPA ups 2030 target as it plans to convert part of existing terminal to containers along with all new site.
Abu Dahbi-based combination airline Etihad is selling its Airbus A330s and Boeing 777s but plans to lease back the Boeing widebodies.
Big one-day drop comes on heels of more restrictions for vessel calls, and concerns about slower demand.
INTTRA by E2open on Tuesday announced a new technology platform, compliant with the new Digital Container Shipping Association (DCSA) Interface Standard for Track and Trace 1.0, published last week by […]
Eight-year-old company working with storied shipping group to make indices available for financial products
The tolls in Connecticut may have a special place for the semis that drive their roads.
The new Impinj R700 reader is designed for enterprise-grade RAIN RFID deployment, processing tags faster and with greater accuracy.
John Lyboldt is President of the Truckload Carriers Association, the only trade association focused entirely on the truckload segment of the motor carrier industry.
Nippon Cargo Airlines’ parent company is taking a $144 million charge against earnings.
Hawaiian Airlines is expanding its short-haul cargo operations this month and expects its new 787s to add long-haul cargo capacity next year.
Nominate your Shipper of Choice right here.
World’s second largest oil consumer taking extended holiday to deal with virus, keeping businesses shuttered.
Airbus will pay penalties in France, the U.S. and U.K. for using go-betweens to bribe airlines and governments to buy Airbus products.
The integration will help users share data seamlessly and immediately across both Samsara and McLeod platforms.
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, […]