Top Stories
Air Cargo
Cargo revenues to fall $65B in 2023, airline group says
IATA forecast suggests weak airfreight demand will continue without peak-season rebound
Company Earnings
Old Dominion sees tonnage plummet again in May
Less than Truckload (LTL)
A. Duie Pyle has grown, but LTL carrier is remaining focused on the Northeast
Trucking Equipment
Navistar recalls 92,193 trucks and buses for ABS issue
SONAR High-Frequency Supply Chain Data
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| MQFWSCTP.USASupply Chain Tech Index | 0.01 | $3441.34 | $3415.12 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate | 3.44 | 0.4% | 0.09% |
| IMOTRI.CHIIntermodal Outbound CHI Tender Rejection Rate | 0 | 0% | 0% |
Weekly NTI Update: September 26, 2022
Infographics
Weekly NTI Update: June 05, 2023
FreightWaves Pricing Power Index
June bugs and gold bugs
Infographics
FBX Report: June 02, 2023
SONAR Analyst Reports
Reality of ocean container volume far cry from China reopening hype
It is becoming increasingly clear that hopes of a container boost from the reopening of China are all but gone.
2nd-half freight rebound increasingly unlikely
Further downside risks to the U.S. economy make the odds of a rebound in containerized import volumes unlikely.
Trucking demand visibility is far more important than supply
Many people get hung up on trying to figure out how much capacity is readily available in trucking when they should be more focused on monitoring demand trends.
Editor's Picks
Trucking
Is Canada losing out to US and Mexico on nearshoring boom?
Nearshoring and reshoring manufacturing developments bypassing Canada for the U.S. and Mexico.
Mexico Borderlands
Borderlands: Texas seaport completes $146M container terminal expansion
Chart of the Week
Truckload market shrugs off Roadcheck and Memorial Day
Latest Clips
Latest Videos
American Shipper
Maritime
Fear of catastrophic shipping accidents rises despite safety gains
Older ships are being kept in service longer in pursuit of profits, heightening the risk of accidents and spills.
American Shipper
Tracking back-to-school orders: How do they stack up?
Modern Shipper
Air Cargo
Fewer FedEx flights raises red flag for 4th-quarter earnings
FedEx flight reductions reflect a significant drop in parcel traffic, throwing a wrench into management’s earnings expectations in the just-completed fourth quarter.
Parcel Freight
UPS, Teamsters take break after SurePost agreement
Bankruptcies and Layoffs
Layoffs and Bankruptcies
VC-backed CloudTrucks blames ‘tough freight market’ for layoffs
Like many FreightTech companies that have laid off workers in recent months, CloudTrucks blames the declining freight market for the job cuts.
Layoffs and Bankruptcies
Texas-based trucking company files for Chapter 11 bankruptcy protection
Layoffs and Bankruptcies
DHL Supply Chain, GXO Logistics lay off workers in Texas
AskWaves
AskWaves
Cross-border LTL Q&A with FreightPlus SVP
AskWaves looks at how cross-border LTL demand may change as supply chain maps are redrawn.
Chart of the Week
Chart of the Week
Companies’ drive for expanding margins threatens future freight demand
Companies are still trying to get their margins back to pre-pandemic levels with price increases on finished goods. This will continue to put freight demand at risk in the second half of the year.
Startups
Truck Tech
Electrifying medium-duty trucks is a class act
Class 5 electric trucks have a broad customer base and a lot of manufacturers chasing the space where regulation comes soon.
Autonomous Vehicles
Embark Technology goes private in $71M deal
Technology
Logistics
How can companies weather the truck parking crisis?
Freight Ninja is positioning itself as an industry leader in combating the truck parking shortage across the United States.
Autonomous Vehicles
Embark Technology goes private in $71M deal
Net-Zero Carbon
Railroad
California passes rule to drastically cut locomotives’ emissions
The California Air Resources Board has passed a regulation that compels freight and locomotive operators in California to adopt technologies to reduce locomotive emissions and phase out diesel locomotives.
