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Mexico Borderlands
Borderlands: Texas vertical farms designed to disrupt fresh produce supply chains
This week in Borderlands: Vertical farms in Texas are designed to disrupt fresh produce supply chains; Mexico imposes a 50% tariff on white corn exports from the U.S.; Quality Custom Distribution is opening a new facility in Texas; and CBP officers seized nearly 900,000 fentanyl pills in California.
Chart of the Week
Contract rate decline puts capacity at risk
Less than Truckload (LTL)
Teamsters at ABF Freight ratify new labor deal
FreightWaves Pricing Power Index
No freight market fireworks in 2023
SONAR High-Frequency Supply Chain Data
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| MQFWSCTP.USASupply Chain Tech Index | 0.01 | $3722.7 | $3694.24 |
| Market | Percent Change | *Today’s Value | Last value |
|---|---|---|---|
| IMOTRI.LAXIntermodal Outbound LA Tender Rejection Rate | 0.05 | 0.97% | 0.92% |
| IMOTRI.CHIIntermodal Outbound CHI Tender Rejection Rate | 0 | 0.6% | 0.6% |
Weekly NTI Update: September 26, 2022
Infographics
Weekly NTI Update: June 26, 2023
Infographics
Weekly Fuel Report: June 20, 2023
Infographics
FBX Report: June 16, 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
Logistics
RXO outlook cut to negative but important debt rating not reduced
3PL RXO has had its outlook dropped to negative by S&P, but its debt rating was held steady.
Less than Truckload (LTL)
Yellow calls on White House to get Teamsters to table
Parcel Freight
UPS may find it hard to pass along higher labor costs
Trucking Regulation
NHTSA rejects call to make AV test reporting mandatory
FreightWaves LIVE
State of Freight for June: Few signs of upturn from historic lows
American Shipper
Viewpoint
Seafarers’ contributions are vital for global economy
A new report is highlighting the contributions of seafarers and how these unsung heroes of the sea help boost gross domestic product.
Modern Shipper
Legal issues
California Supreme Court to review rulings on constitutionality of Prop 22
California’s Supreme Court will review a lower court and appellate court decision to settle the question of Prop 22’s constitutionality.
The Future of Supply Chain
Innovation Alley demos focus on AI chatbots, fleet mobility solutions
Bankruptcies and Layoffs
Layoffs and Bankruptcies
DOL investigating Postal Service contractor Ameritrans Express amid bankruptcy filing
Ameritrans Express LLC, a contract delivery service for the U.S. Postal Service, has filed for Chapter 11 bankruptcy amid claims by some of its contractors that they have not been paid since March.
Layoffs and Bankruptcies
Carriers owed millions after Mississippi brokerage files for Chapter 7
Layoffs and Bankruptcies
Lordstown Motors files for bankruptcy, sues Foxconn
AskWaves
Maritime
How summer driving season fuels demand for tanker shipping
Despite a slow Memorial Day start, summer demand is expected to hike tanker rates in the months ahead.
Chart of the Week
Chart of the Week
Spot rate reactivity on the rise
Underlying shifts in domestic shipping are showing up in the spot market.
Startups
Autonomous Vehicles
Loadsmith orders 800 Kodiak Robotics autonomous truck systems
After originally working with TuSimple, Loadsmith picks Kodiak Robotics for autonomous driving systems.
Technology
Technology
Next wave of ELD innovation is here — and it’s artificial intelligence
“People that are integrating with AI will be able to significantly save money and move ahead of others that are not looking at AI as a promising tool for the industry,” Ezlogz CEO CJ Karman said.
Net-Zero Carbon
Sustainability
Daylight Transport leads pack in service, sustainable infrastructure investment
Daylight recently opened the first LEED-certified trucking facility in Texas, proving its continued commitment to both sustainability and the people of the Lone Star State.
