Freight Futures daily curve: 10/21
South and West freight futures tumble Friday, weighing on National average.
South and West freight futures tumble Friday, weighing on National average.
Trucking volumes still positive but slipping
South and West Trucking Freight Futures stumble on Thursday, dragging the National average lower.
British government minister’s voyeuristic sex claims about truck drivers are “classist,” “inappropriate” and “ignorant,” says road transport representative.
Fundamentals in the Atlanta market a key driver for East regional Trucking Freight Futures on Wednesday.
Brexit is now only two weeks away but the dangers facing truckers and shippers continue to mount.
East Trucking Freight Futures on Tuesday continued to lead a lackluster market.
Trucking volumes remain strong
The Backhaulers, Robinson, and Coyote veteran is back to build a brokerage on his own terms.
Fundamentals continue to drive strength in the East regional freight futures markets.
The Hispanic community has contributed immensely to the new American dream and is currently one of the fastest growing ethnic minorities within the trucking sector.
Freight futures looking beyond the East region for some direction on Tuesday.
Users of Axele by Optym now have access to Truckstop.com’s loadboard within the Axele system thanks to a new integration.
Atlanta market freight futures strengthen on Monday as a result of trade flows.
A Kansas truck driver has filed a lawsuit against BNSF, alleging negligence, after his tractor-trailer collided with railcars after leaving a grain elevator near Greenfield, Missouri.
Volatile start to Freight Futures last week ends quietly; Regional trends emerge.
National futures forward curve points to potential economic trouble ahead.
Spain’s road transport sector faces a “profound” shortfall in drivers, says IRU
The forward curve inches lower.
Freight Futures mostly unchanged in quiet trading session on Wednesday.
Last Week’s Pricing Power Index: 35 (Shippers) The trucking industry operates in a market based on real-time demand and supply. When demand is higher than capacity, carriers gain negotiating power […]
Unionized Canadian drivers for CNTL approve four-year agreement that increases rates for wait times and mileage.
After a lower contract roll, Freight Futures start looking to fundamentals.
Ontario-based firm acquires Trailwood Transport, an automotive specialist located near two Honda plants, and nearby Nexus Freight, which will bolster local capacity.
Maintaining strict emissions regulations and levying a carbon tax on freight movement will help reduce mortality rates due to air pollution.
Large swings in futures front month prices as spot month “rolls” to October.
A newly published ag-sector report suggests that the lab-grown meat segment will shrink the industrial animal farming market by 50% by 2030.
With 7,000-10,000 trucks using the Calais-Dover route between France and England every day, a no-deal Brexit will hit haulage companies hard, says the IRU.
Last week in Trucking Freight Futures: A tale of three regions!
John “JT” Engstrom has spent 10 years studying the freight world. Here’s what he learned:
Volumes up 4% year-over-year this week
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.
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.
FreightWaves CEO Craig Fuller discusses his family’s trucking legacy with his father, U.S. Xpress co-founder Max Fuller.
Parade helps freight brokers automate workflows, scale relationship management and grow digital bookings.
Several governments, organizations and transportation companies have worked together to patch a badly disrupted supply chain in efforts to improve the flow of supplies in the Bahamas.
Weakness in East drives National freight futures lower for the week ending 9/20.
A Solera board member alleges that in 2017 Vista tried to force it to buy another portfolio company, Omnitracs.
A rate correction in the East drives National freight futures lower on Thursday.
New European study of popular LNG truck models show that they release 2 to 3.5 times more poisonous NOx gases than an average diesel truck.
Increased freight volumes out of Texas due to Imelda drive DAL to LAX futures on Wednesday.
A coalition of 31 trucking and trade groups is urging Congress to halt four bills it claims would cost the industry billions of dollars in “burdensome” unfunded mandates.
Trucking Freight Futures began the week Monday with mixed results.
To address the pros and cons of buying versus leasing, FreightWaves and Spireon are partnering for an hour-long webinar on Thursday, September 26 at 2pm ET.
Lower Friday spells end to a mostly down week for Freight Futures.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Border checkpoint affecting truck wait times; Protestors shut down Houston Ship Channel; […]
Data confirms that U.S. importers are increasingly opting to bring Asian cargoes into East Coast ports.
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 […]
Ryder System’s peer-to-peer truck sharing platform COOP connects truck owners with businesses interested in renting vehicles, helping maximize vehicle utilization.
FourKites was founded with the idea of developing a cloud-based SaaS platform that allows for seamless communication and real-time collaboration in the supply chain. As it passes five years in business, founder Matt Elenjickal details why he thinks it has been successful.
Truck capacity across the English Channel could be cut to 50% for up to three months, resulting in two day queues for drivers.
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
Brokers’ gross margins will compress unless they get shippers on board.
But trade associations call for more certainty as political impasse continues.
The Washington State Supreme Court issued a decision September 5 stating that trucking companies are not obligated to pay drivers separately for “non-piece rate” activities. In the case of Sampson […]
East region forward curve tracks lower expectations for rates and impact of Dorian
These are the costliest repairs a truck driver can face.
East futures lanes little changed on the uncertainty of Dorian; SEA to LAX firms
Staying on top of repair and maintenance is one of the most important elements in securing your truck’s lifespan.
Trucking Freight Futures lanes in and out of ATL up significantly in fear of Dorian
2019 has been more challenging for trucking companies than any other non-recession year. Here is why.
Uber Freight makes it a point to meet drivers and carriers where they are.
Software and telematics technology provider Konexial recently launched a Spanish-language version of its electronic logging device (ELD) product, My20 ELD. Ken Evans, chief executive of Knoxville, Tennessee-based Konexial, said the […]
Mexico manufactured 104,214 buses, heavy-duty and tractor-trailer trucks in the first half of 2019 (January-June), up 36.50 percent compared to the same period last year. The data was released August […]
This webinar, exclusively for shippers, will address everything you need to know about Trucking Freight Futures and how they can be applied uniquely to your business.
Using data from FreightWaves SONAR, economist Ibrahiim Bayaan writes about the state of the U.S. retail market and what is ahead for this key sector.
“Robotic process automation has already taken root in other industries like financial services. It’s a perfect time for RPA to disrupt the logistics industry, given the amount of paperwork, documentation and around-the-clock customer interaction that global transportation requires,” says Mike Motsick, CEO of RPA Labs.
Conservative Andreas Jung floats increased fees for trucks and investing the proceeds in railroads to fight climate change.
PE firms pay up to eight times EBITDA for chemical haulers.
Uber Freight needs access to more capacity to keep up with 153 percent growth in gross bookings.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s transport industry grows; AIT Worldwide expands Mexico operations; Nuevo Laredo sees more […]
Introducing an app-based visibility solution could be the answer to shoddy tracking updates.
The jobs of 449 workers are at stake as Aspray Transport closes down on August 16, after reeling under insurmountable debt and a worsening Brexit situation.
FourKites has connected the truck to the distribution center with its new Facility Manager solution, providing new levels of visibility into operations.
Canadian government to invest C$18.5 million for logistics system, bridge, signs and “intelligent” communications to boost flow of trucks as part of a broader effort to improve trade infrastructure.
Port Laredo and the Port of El Paso reported declines in total trade volumes for the first six months of 2019, compared to the same period last year. Laredo’s trade […]
Arkansas-based PKE Western Truck Leasing, Inc. filed a $37 million lawsuit against Rich Transport, LLC and its parent company, RoadRunner Transportation Systems (NYSE: RRTS), alleging breach of contract.
Rates could break out either to the upside or downside.
This week we step inside the world of freight futures trading with K-Ratio’s Kyle Lintner. Learn how you can hedge your bets against a volatile trucking rate market. Subscribe now […]
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, […]
When Mack Trucks set out to design the Anthem, it turned to drivers for input. The result is a Class 8 tractor that is both comfortable and functional, providing all the benefits of an aerodynamic over-the-road tractor in a Classic Mack.
Empty miles are a billion-dollar problem for trucking fleets, but are they more of a problem than they were in 2002? Recent headlines indicate they may be, but they may not tell the true story.
Carriers waiting to implement ELDs until the last minute run the risk of hardware shortages, training slowdowns and fines on the highway.
Starting today, shippers using MercuryGate’s transportation management system (TMS) will have access to Uber Freight’s network of carriers, guaranteed capacity and real-time market rates, MercuryGate announced this morning. “Shippers need […]
Two mega-retailers partnerships signal an inflection point in the visibility market.
Logistics startup Rivigo has introduced the National Freight Index in India, which will allow users to access individual lane level information in 1,500 locations across the country.
Transplace finds a disparity in consumer goods trade leads to large spread between north and southbound traffic – and a Canada backhaul “tax.”
As with other industries. the transportation and logistics industry is undergoing a digital transformation. The advent of the cloud and the adoption of new mobile and digital technologies has us in uncharted digital territory.
Technology has helped smaller fleets band together to take advantage of discounts, real-time telematics and find loads through digital freight matching platforms.
American Trucking Associations annual Trucking Trends report shows nearly $800 billion flowed into industry, 13.8 percent increase.
Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.
Saia Inc. (NASDAQ: SAIA) reported that its revenues and operating income were up in the second quarter of 2019. Headquartered in Johns Creek, Georgia, the less-than-truckload (LTL) carrier reported an […]
Innocent third parties who get caught up in Australia with illegal drug logistics, such as employers and transport operators, do not appear to fear the threat of having their property seized by the authorities.