Supply Chain, Logistics, and Trucking News & Data - FreightWaves
WEB2 days ago · Fireside Chat: Keeping food cool with solar-powered reefer units. FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our customers to benchmark, analyze, monitor and forecast the global physical economy.
Leading Trucking News - Award Winning - FreightWaves
WEB5 days ago · California bill would expand state’s power over warehouses and related trucking. Opponents of a bill transferring significant authority over California warehouses from local governments to the state are waiting to see whether Gov. Gavin Newsom will sign it. Read More ». Todd Maiden Wednesday, September 4, 2024.
American Shipper - News Provider in Global Trade - FreightWaves
WEB2 days ago · Alaska Air changes cargo leaders in wake of Hawaiian merger. Alaska Airlines has brought in high-powered executives to manage the cargo division, which has become more complex with the addition of international cargo and Amazon shipping business coming from the takeover of Hawaiian Airlines. American Shipper.
#1 Logistics, Freight and Transportation News - FreightWaves
WEB3 days ago · Marten, citing weak freight market, cuts base salaries of 6 top executives. Marten Transport cited the weak freight market in reducing the salaries of six top executives. The executives’ 2023 salaries ranged from $267,000 to about $811,000.
Shipping Industry News - FreightWaves
WEBSep 10, 2024 · According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.
Congested ports choking the supply chain - FreightWaves
WEBJan 26, 2024 · The bustling ports of Los Angeles and Long Beach, California, gateways to the American consumer market, have become notorious for chronic congestion. But in January 2024, the logjam will reach a new level, threatening to send ripples through the entire U.S. economy. This month’s ITS Logistics U.S. Port/Rail Ramp Freight Index reveals a …
Container shipping outlook 2024: Rising risk of delays, disruptions
WEBDec 7, 2023 · The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for 2024. Two key container shipping “chokepoints” — the Panama Canal and the Bab-el-Mandeb Strait in the Red Sea — are simultaneously under threat. Container-line financials are under severe pressure, forcing ever more ...
Railroad Freight Industry News | FreightWaves
WEBSep 23, 2024 · Railroads continue to play a significant role in North America’s economic infrastructure. According to the U.S. Department of Transportation Federal Railroad Administration, the U.S. rail freight network covers almost 140,000 route miles and is generally considered the largest, safest, and most cost-efficient freight system in the world. In addition, says the FRA, the almost $80 billion rail ...
Forward Air-Omni merger finally closes - FreightWaves
WEBJan 25, 2024 · LinkedIn. Forward Air announced Thursday it has completed the acquisition of Omni Logistics. The transaction’s closing ends a bitter legal dispute between the two parties. A news release said the deal, which likely closed at a total purchase price of $2.1 billion, is expected to create a “category leader in the expedited LTL market.”.
FreightWaves reveals FreightTech 25 winners
WEBNov 11, 2021 · Reaction to making the FreightTech 25 list. Quotes from various executives upon learning about their company’s inclusion: JETT McCANDLESS, CEO, project44 (1): “To be leading the FreightTech 100, in which we’re joined by more than three dozen project44 customers and partners, showcases project44’s influence as a global leader in visibility. The supply chain industry faced tremendous ...