Top Stories
Trucking Regulation
Trailer side-guard rule likely delayed until at least October 2024
DOT’s latest regulatory agenda reveals regulators will be taking no action on a costly new safety equipment proposal for almost a year.
FreightWaves Pricing Power Index
Steady as she goes
Truck Driver Issues
Monthly trucking employment report: Steady after lots of volatility
Autonomous Freight
Are startup investors getting past the FOMU cycle?
Layoffs and Bankruptcies
Postal contractor Matheson Trucking shuttering operations after 60 years
SONAR High-Frequency Supply Chain Data
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| MQFWSCTP.USASupply Chain Tech Index | -0.01 | $3774.75 | $3803.79 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate | -0.4 | 0.68% | 1.13% |
| IMOTRI.CHIIntermodal Outbound CHI Tender Rejection Rate | 0 | 0% | 0% |
Weekly NTI Update: September 26, 2022
FreightWaves Pricing Power Index
The most wonderful time
Tender volumes were outpacing 2022 levels before the holiday and came within spitting distance of 2020 — freight demand’s second-best year on record.
FreightWaves Pricing Power Index
The minor fall and the major lift
FreightWaves Pricing Power Index
Death by a thousand cuts
SONAR Analyst Reports
Ocean carriers’ record rejections last-ditch effort to bolster spot rates
SONAR’s Container Atlas shows new booking volumes plummeting over 35% from their Aug. 1 peak, a key indicator that U.S. import demand is rapidly deteriorating. (Photo: Jim Allen/FreightWaves)
Contract rate decline takes pause despite significant spot market discount
Transportation providers are going to have to maintain an aggressive posture when competing for business during the upcoming bid season.
Ocean carriers steadily losing pricing power in trans-Pacific
Ocean carriers are steadily losing pricing power on the trans-Pacific as China to U.S. demand peaks for the second half of 2023.
Editor's Picks
Less than Truckload (LTL)
Yellow shoots down going concern bid to revive company
Yellow Corp. has reportedly rejected a bid that would resurrect the company from bankruptcy.
Truck Driver Issues
FMCSA issues policy on sexual assault among truck drivers
Less than Truckload (LTL)
Forward Air’s tonnage inflects further upward in Q4
Parcel Freight
‘Potentially unreliable’ shipping worries online shoppers
Trucking Regulation
California trucking regulation flies under radar as first deadline looms
American Shipper
Air Cargo
DHL Express workers begin strike at Cincinnati air hub
DHL Express workers went on strike Thursday at the Cincinnati/Northern Kentucky Airport.
Modern Shipper
Viewpoint
The growing significance of big and bulky in retail supply chains, logistics
Big and bulky items sold online need more finance in logistics. Luckily today, there’s a growing number of new technologies to help.
Parcel Freight
Uber unveils store package pickup service
Bankruptcies and Layoffs
Autonomous Freight
TuSimple lays off 150 more employees as it winds down US operations
TuSimple Holdings is following through on winding down its U.S. autonomous trucking business, laying off 150 more employees.
Layoffs and Bankruptcies
Lion Electric lays off 150 employees
Layoffs and Bankruptcies
The biggest freight brokerage layoffs and bankruptcies in 2023
AskWaves
Maritime
How will Russian ban on diesel exports impact global energy trade?
Diesel is an essential fuel for the global economy. The world’s second-largest seaborne supplier, Russia, just halted exports.
Chart of the Week
Chart of the Week
Atlanta becomes casualty of imports returning to West Coast
Shippers are reverting to pre-pandemic shipping patterns, which may exacerbate the next freight market shift.
Startups
Technology
Solvento pushing digitization with invoicing software, $53.5M in debt and new funding
Solvento Audita streamlines payment processes for Mexican trucking entities, offering transparency through API integration and addressing tax regulations.
Infrastructure
Fresh thinking about the electric grid holds possibilities
Electric Trucks
Ree Automotive: Business life during wartime
Technology
Technology
Solvento pushing digitization with invoicing software, $53.5M in debt and new funding
Solvento Audita streamlines payment processes for Mexican trucking entities, offering transparency through API integration and addressing tax regulations.
Autonomous Vehicles
Kodiak Robotics makes autonomous pickup for military
Net-Zero Carbon
Railroad
US, Canada to form task force to get locomotive emissions to net zero
The U.S. and Canada plan to form a joint task force aimed at developing and integrating zero-emissions technologies for locomotives at a wider and accelerated scale.
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