Top Stories
Fuel News
Benchmark diesel price rises, but futures prices now headed sharply lower
The benchmark diesel price used for most fuel surcharges rose for a fourth straight week, but futures prices plunged.
FreightWaves Pricing Power Index
Hurricane Milton helps boost rejection rates
Borderlands: Mexico
Borderlands Mexico: US-Mexico trade hit $74B in August, Port Laredo No. 1 again
Logistics/Supply Chains
Hurricane impact on medical manufacturing renews talks on nearshoring, domestic production
Editor's Picks
Weather and Critical Events
Hurricane Milton deals estimated $160B blow in damage, economic loss
Hurricane Milton caused at least $160 billion in damage and economic loss, according to a preliminary estimate from AccuWeather.
Chart of the Week
Milton makes landfall on freight market
Weather and Critical Events
Nonprofits in logistics space speed medical supplies, other aid to Florida
Weather and Critical Events
10 ports remain closed in Hurricane Milton’s aftermath
Weather and Critical Events
Hurricane Milton leaves trail of destruction after slamming into Florida
American Shipper
Sustainability
Rebuilding the gateway to America: West Coast ports blaze path to sustainability
The Port of Long Beach has $2.2 billion earmarked for accelerating zero-emission initiatives over the next decade.
Layoffs and Bankruptcies
Machinist jobs safe for now, Boeing says
American Shipper
Georgia’s Brunswick port expands ro/ro capacity
Logistics/Supply Chains
Levi Strauss shifts Ohio logistics work to Maersk
Modern Shipper
Air Cargo
UPS getting more elbow room at Gary/Chicago airport
The general aviation airport in Gary, Indiana, is expanding cargo infrastructure to help UPS. There is also a Field of Dreams mentality: Build it and other cargo carriers will come.
Weather and Critical Events
Responders turn to drones amid Hurricane Helene recovery, Milton preparations
Bankruptcies and Layoffs
Layoffs and Bankruptcies
Over 600 layoffs hit supply chain firms in California, Illinois and New York
Over 600 layoffs hit freight-related companies in California, Illinois and New York, with the businesses citing loss of customers and an acquisition as reasons for the cuts.
Layoffs and Bankruptcies
Flexport to reduce workforce by 2% amid company shift
Layoffs and Bankruptcies
Digital freight broker furloughs workers after losing key customers
AskWaves
Maritime
How safe is Red Sea? Different shipping lines have different answers
Shipping stocks are under pressure as some ocean carriers show faith in military protection from Red Sea attacks.
Chart of the Week
Chart of the Week
Freight market green shoots fade heading into October
Many of the signs of the end to the freight recession have faded, at least in the short run. A strike and the aftermath of a major hurricane are looming disruptors but probably not enough to sustainably shift the market. But the data still points to the end of this historically loose environment.
Technology
Net-Zero Carbon
Sustainability
How zero-emissions trucks are the key for sustainable supply chains
The conversation around sustainability in the transportation sector is no longer just about reducing emissions — it’s about rethinking the way we transport goods altogether.
