Freight

Data and partnerships are critical elements to helping shippers move through the ongoing technological revolution in freight.

Founded by Dan Lewis, CEO, and Grant Goodale, CTO, in 2015, Convoy has closed a $400 million Series D round of funding, bringing total funding to $668 million to date and valuing the company at $2.75 billion.

Moving oil rigs and oil-drilling equipment is not for the faint of heart. Every niche industry presents unique supply chain challenges, but oil rig transporters said few jobs are as […]

Record cold possible in 150 U.S. locations this week behind arctic front. Big snowfall in some areas, too.

First snowstorm of the season for interior Northeast is “right on schedule.” Up to eight inches for some mountain spots.

When Jim Handoush was growing up, he thought he was destined to work for Apple, which was in its infancy at the time. Today, Handoush doesn’t work at Apple, but is now helping guide the ship for another startup that is hoping to be just as disruptive.

Merchandise of almost any kind is valuable. Packaging it correctly is one key to making sure it arrives at its destination undamaged. Learn some tips about how to package correctly.

Determining freight class is a key to shipping freight successfully. Learn more about the processes involved in this article.

Japan’s freight industry is set for a downturn on the back of declining economies in the U.S., China and the Eurozone, new research reveals.

National Trucking Freight Futures rates open the week lower on weakness in the East.

Philadelphia to Chicago futures (VPC) rise on Thursday as market continues to focus on trade flows.

Fundamentals continue to drive strength in the East regional freight futures markets.

Freight futures looking beyond the East region for some direction on Tuesday.

Atlanta market freight futures strengthen on Monday as a result of trade flows.

Volatile start to Freight Futures last week ends quietly; Regional trends emerge.

National futures forward curve points to potential economic trouble ahead.

Freight Futures mostly unchanged in quiet trading session on Wednesday.

After a lower contract roll, Freight Futures start looking to fundamentals.

Large swings in futures front month prices as spot month “rolls” to October.

Last week in Trucking Freight Futures: A tale of three regions!

A big drop in the East region drives the National freight futures index lower on Thursday.

Freight Futures quiet on Wednesday with a focus on PHI.

No short-term relief for cargo congestion at LAX is coming from infrastructure upgrades, so companies are looking at process improvements to speed up cargo hand-offs.

Freight Futures forward curves on Tuesday point to a mixed to lower rate environment.

Freight Futures began this week where they left off last week.

Parade helps freight brokers automate workflows, scale relationship management and grow digital bookings.

Weakness in East drives National freight futures lower for the week ending 9/20.

A rate correction in the East drives National freight futures lower on Thursday.

Increased freight volumes out of Texas due to Imelda drive DAL to LAX futures on Wednesday.

LAX to SEA futures strengthen on Tuesday in an otherwise quiet day.

Trucking Freight Futures began the week Monday with mixed results.

To discuss how real-time operations are shaping the freight and logistics industry, FreightWaves is partnering with Uber Freight for a one-hour webinar on Tuesday, September 24 at 2pm ET.

Join us to hear FreightWaves’ CEO, Craig Fuller, and Economist, Anthony Smith, share the state of the market today and how you can prepare for tomorrow based on the latest data available.

Lower Friday spells end to a mostly down week for Freight Futures.

Market interest shifts West with potential ease in trade tensions.

Freight Futures data to watch today: Spot National vs Regionals The spot month National contract (FUT.VNU201909) closed down 0.35% to $1.467 per mile. Regionally, the East contract (FUT.VEU201909) continued to give […]

Futures prices being driven by shifting freight flows to the East

Brian Laung Aoaeh discusses innovation, technology, and disruption in the freight brokerage market.

CHI to ATL futures (VCA) lower on Dorian “risk premium” removal.

PHI to CHI lane (VPC) stronger on increased freight into NY/NJ

Futures forward curve sentiment falls for freight out of LAX

East region forward curve tracks lower expectations for rates and impact of Dorian

East futures lanes little changed on the uncertainty of Dorian; SEA to LAX firms

Market Voice Jim Blaze contents that railroads are using the wrong KPIs to increase volume and capture market share from trucks.

Trucking Freight Futures lanes in and out of ATL up significantly in fear of Dorian

Freight Futures lane to watch today: ATL to PHI

Logistics and transport sector ramps up contingency plans for Hurricane Dorian, while continuing to operate until better forecasts are available.

Freight Futures lane to watch today: East US Long Haul Van Average

Freight Futures lane to watch: LAX to SEA

FreightWaves, the industry-leading provider of 24/7 news, data and analytics for the global freight and logistics markets, announces the start of the nomination process for the 2020 FreightTech 100 Awards. […]

The Commerce Department’s investigation into Mexican tomato exports is set to conclude on September 19th.

Kottke Trucking, an interstate company focused on refrigerated and dry van transportation, recently acquired Davenport, Florida-based Wayne T. Fellows, which specializes in refrigerated less-than-truckload and truckload hauling. With the acquisition, […]

In auto racing, the racecar is the star and teams spend a lot of effort getting to the race on time. But they also need to bring all the supporting players: the tires, the gearboxes…and the bodywork. And the chassis. And the spare engines. And the awning. And the tools. And they all need to fit in one trailer.

While the passenger side has been experiencing growing demand, the industry’s overall profitability is still being dragged down by the smaller cargo side.

Another motor carrier has fallen victim to this year’s freight recession as Terrill Transportation Inc. of Livermore, California, abruptly ceased operations on July 30.

Looking ahead, Herdman expects air cargo numbers to remain weak due to moderating global business optimism levels and stalled progress in trade negotiations.

Donald Broughton writes that as goes the freight sector goes the economy in this commentary.

Information related to the national load tender volumes for the last full week of July comes from FreightWaves SONAR.

Kentucky-based Legion Logistics has opened a new satellite office in the city of Santiago de Querétaro, Mexico.  The new international office, staffed by two bilingual freight specialists, gives Legion Logistics […]

After decades of planning and discussion, freight traffic could finally have an alternative highway loop around Dallas that saves them from bottlenecks along Interstate 35. The Loop 9 project will […]

Marten Transport posted its best-ever second quarter operating revenue and income in the company’s 74-year history, the company said in its July 18 earnings release.

ACT Research says the trucking industry meets the definition of being in a technical recession as all major metrics it tracks have declined for two consecutive quarters.

Durable goods and dry van orders are declining. Could this mean a rough second half of 2019?

Convoy’s Automated Reloads feature allows carriers to book loads from a pre-planned combination of loads designed to minimize empty miles.

Michael Lewis wrote “Moneyball” about the tactics Billy Beane used to improve the Oakland A’s. Read Zach Strickland’s take on using moneyball tactics in the freight market.

Why is it hot for carriers in Fayetteville, AR and why is rail suffering?

Integrating technology into the freight forwarding process can provide a never-before-seen level of transparency, paving the way for faster and safer shipping.

Today on FreightWaves NOW, carriers need to take advantage of YOY rate increases happening right now. Meanwhile, the economic outlook for the freight industry isn’t pretty. Recent Wall Street reports […]

FreightWaves is partnering with TIA to host a complimentary hour-long webinar on Tuesday, June 25 at 2pm EDT to address everything you need to know about Trucking Freight Futures and how they can be applied uniquely to your business.

Today on FreightWaves NOW, we hit reefer volumes and seasonality action out West, intermodal and rail year-over-year updates, and a jobs report.

Freight visibility is no longer considered a premium benefit the best brokers offer their shippers. It is simply an expectation that most brokers struggle to meet.

The highways of Mexico continue to be risky for truckers as cargo thefts rose 6 percent for the first four months of 2019, according to the Mexico City-based National Chamber […]

Today on FreightWaves NOW, we bring you the economic data that supports a broad slowdown. We examine the Laredo markets and analyze whether or not carriers really are pulling freight […]

Today on FreightWaves NOW, we are talking tech with two tech nerds. Ken Smith talks dirty data, and what it takes to clean it up. Lincoln Duff talks about Amazon’s […]

Today on FreightWaves NOW, Seth Holm brings us the not-so-good news about the current economic situation.

Today on FreightWaves NOW, we talk to brokers, carriers, shippers, and even look at the maritime outlook from a global perspective. Where are volumes and rates heading Taco Tuesday, June 4?

Market expert writes about how current trade issues between the U.S. and China, the U.S. and Mexico and the U.S. and the EU may disrupt supply chains and cause economic problems.

Today on FreightWaves NOW, we give you quick hitters on volumes, the headhaul index, and a look at the latest consumer spending. Something here for carriers, brokers, and shippers.

Today on FreightWaves NOW, we discuss the promise of the Mexico tariffs from a volume, rate, and oil perspective.

Kyle Cunningham, a former truck driver and freight broker, just so happened to stumble upon FreightWaves Now on YouTube months ago. The show inspired him to learn more about the company as a whole.

Big things are happening right now in the world of freight. You might be wondering how you can position yourself to keep your fleets running, where you can find available […]

Market expert Brian Aoaeh writes about the impact of market disruption on the freight brokerage sector. Learn how Amazon, artificial intelligence, machine learning and other disruptors will change the business…

In this commentary article, Donald Broughton looks at the second part of the economy – the consumer economy – and where we are now in the economic cycle.

Canadian transportation and logistics firm buys Ontario-based broker that uses propriety software platform.

Saia Inc. (NASDAQ: SAIA) reported that its revenues and operating income were up in the first quarter of 2019.

EDI, API, or both? Which option is best for you? Today’s infographic, in partnership with Roadrunner Freight, looks to help you decide. 

Former truck drivers and employees of Falcon Transport of Youngtown, Ohio, admit there were warning signs that the company was experiencing financial problems, but few said they expected the company to cease operations abruptly on Saturday, April 27, stranding truckers hauling loads without working fuel cards or further instructions.

Your weekly snapshot of how the markets are doing.

The expanded Neopanamax locks of the Panama Canal, which debuted in June 2016, have been a boon for many shipping sectors, but they were specifically designed with container shipping in mind. Lock capacity is measured in twenty-foot-equivalent units (TEU).

Donald Broughton, FreightWaves’ chief market strategist, explains the problems he has with surveys based on ‘sentiment’ – except for the Institute for Supply Management survey. Read why he believes in its results.

Convoy is looking to help owner-operators and small fleets get access to drop-and-hook freight with a nationwide rollout of Convoy Go.

J.B. Hunt blames its earnings and revenue shortfall on weak intermodal freight volumes, harsh winter weather and concerns about possible tariffs on Chinese imports in its first quarter earnings report on April 15.

Marten Transport posted its best-ever first-quarter operating revenue, operating income and net income in the company’s 74-year history in the first quarter of 2019, the company said in its April 16 earnings release.

Ancra has introduced automated decking, which adjusts itself up and down the trailer based on keypad inputs from the user, eliminating the need to manually adjust support beams.

Uber released its S-1 filing after the market close, placing in on track to go public with its anticipated May IPO.

E-commerce has changed consumer buying habits, but it has also changed the supply chain for less-than-truckload carriers, who have had to adapt in various ways to keep pace.

Birmingham, Alabama-based McLeod Software has launched its new TopMatch technology, aimed at digitally pairing brokers and logistics providers with the best carriers to haul their freight.

KeepTruckin has announced plans to launch a first-of-its-kind load-matching platform that uses data collected from its electronic logging devices, or ELDs, to help match small-business carriers with available freight.

On April 4 , President Trump said he is giving Mexico a “one-year warning” before closing the southern border. This is an overview of what a closed border might look like.