Top Stories
Trucking
Borderlands: Logistics boom drives $1.2B e-commerce firm’s relocation in Texas
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: The logistics boom drives an e-commerce firm’s relocation in Texas; MercuryGate […]
Chart of the Week
Atlanta becomes casualty of imports returning to West Coast
Less than Truckload (LTL)
Auction for Yellow’s terminals ‘remains ongoing’
Technology
DAT has ‘zero tolerance’ for fraudsters
FreightWaves Pricing Power Index
The most wonderful time
Infrastructure
Fresh thinking about the electric grid holds possibilities
SONAR High-Frequency Supply Chain Data
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| MQFWSCTP.USASupply Chain Tech Index | 0.01 | $3737.38 | $3711.21 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate | 0.02 | 2.65% | 2.6% |
| IMOTRI.CHIIntermodal Outbound CHI Tender Rejection Rate | 0 | 1.29% | 1.29% |
Weekly NTI Update: September 26, 2022
FreightWaves Pricing Power Index
The minor fall and the major lift
This week, freight markets underwent a surprising rally that saw a wave of volumes sweep across the country.
FreightWaves Pricing Power Index
Death by a thousand cuts
FreightWaves Pricing Power Index
Pumping the brakes
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
Trucking
Berkshire: Haslam made secret payments for quick financial boost at Pilot
The Pilot vs. Berkshire lawsuit in Delaware has gotten personal, with the recent Pilot chairman accused of secret payments to benefit a sales price.
Trucking Regulation
Indiana tops predatory truck-towing list
American Shipper
Viewpoint
Pipes of trade tell the tale of manufacturing growth
With China knocked off its pedestal of reliable, cheap products, other countries have jumped in and seized on the weakness.
Modern Shipper
Drones
Zipline flies without ground observers: ‘Holy grail’ of drone approvals
The flight follows Zipline’s FAA approval to remove visual observers from its drone delivery operations, opening up longer routes and becoming accessible to more customers.
Air Cargo
DHL Express upsizes Hong Kong air hub
Electric Trucks
Workhorse reports Q3 loss, may sell drone business
Bankruptcies and Layoffs
Layoffs and Bankruptcies
Lion Electric lays off 150 employees
Canada-based electric trucking startup Lion Electric cuts 10% of head count to reduce costs as it seeks profitability.
Layoffs and Bankruptcies
The biggest freight brokerage layoffs and bankruptcies in 2023
Layoffs and Bankruptcies
Postal Service contractor to cut 450 jobs, close 2 facilities in California
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
LMI showing transportation market flip is coming
The Logistics Managers’ Index has done a great job of explaining freight market capacity shifts over the past several years. The last few months are painting a picture of a market that is racing toward a correction.
Startups
Technology
ISO aims for standardized service metrics across supply chains
The founder of Isometric Technologies describes the company’s goal of building the FICO score for freight.
Electric Trucks
Ree Automotive: Business life during wartime
Autonomous Freight
Torc tackles beyond-the-truck autonomous issues
Technology
Sponsored Insights
Echo Global Logistics is redefining partial truckload shipping
Echo Global Logistics’ EchoShip platform is transforming the partial truckload shipping landscape, offering unparalleled efficiency and cost-effectiveness for shippers and carriers.
Sponsored Insights
Why shippers should work with smaller carriers in 2024
Net-Zero Carbon
Sponsored Insights
Renewable diesel creates pathway to cleaner transportation industry
The transportation sector is actively looking for ways to reduce greenhouse gas emissions. This has created increased demand for cleaner, more innovative fuel sources, like renewable diesel.
Net-Zero Carbon Summit
