Here are a few tips to keep in mind for fleets considering to haul a load for FEMA or any other disaster relief project
Port congestion in Southeast Asia is creating an imbalance of equipment, raising both local and global spot market pricing, according to a report by AlixPartners.
The air cargo market is enjoying an unexpected boom during the slow season, but it’s unclear whether demand is pulling from the third and fourth quarters to avoid supply chain delays or will continue to build.
Tech nonprofit Emerge Career reduces recidivism and poverty rates among convicts by providing access to vocational training and job placement support throughout incarceration and after release.
Shippers’ mood has been buoyed by positive economic prospects for the U.S., while brokers and carriers are encouraged by a possible market shift.
Trucking and logistics companies are seeing a massive downturn. FreightWaves has reported on the biggest shutdowns and layoffs since 2022.
Consumer spending is likely to decline in the coming months, adding to weak freight conditions.
Shippers have rebounded in Q4 2023 to once again be the most positive segment. Carriers and brokers have lost some of the steam that led to relative optimism in Q3.
After the Great Shopping Spree of 2021, tens of thousands of truck companies will have to shut down to restabilize the industry.
Inflation, higher cargo volumes and diesel prices fueled a spike in congestion costs for trucking companies, according to new data from ATRI.
The shaky U.S. economy occupied the No. 1 spot for motor carriers in the latest American Transportation Research Institute survey of top trucking issues revealed by ATRI President Rebecca Brewster.
Practically every retail chain in the U.S. has been sounding the alarms on external theft. It’s not as simple as it seems.
Trucking companies are fleeing the market and volumes are starting to rebound. This is good for the freight industry.
Small trucking companies are taking over the industry. Decades of global and domestic policies have made this happen.
The latest data from WarehouseQuote indicates retailers have ho-hum expectations for the holiday season.
A number of consumer-facing companies have pointed to intensifying spending weakness during Q2 earnings season.
For the first time since freight sentiment index inception, shippers are the least positive group. Does that mean the market is balancing?
The two largest home improvement retailers cut their full-year sales guidance in Q1, a rarity; many other retailers also pointed to intensifying pressure on Americans’ ability to spend money as the year has progressed.
The Q2 Freight Sentiment Indexes show carriers lower, brokers higher and shippers about the same despite ample pricing power.
U.S. box shipments are declining at their fastest rate since the worst of the Great Financial Crisis, with trends having deteriorated as the first quarter progressed, according to the third-largest North American containerboard producer.
A large European pulp and paper company issued a profit warning as “the whole packaging market is currently weakening.”
The first freight sentiment indexes in 2023 show eroded near-term freight market expectations but signs of a more balanced landscape on the way.
A recent FreightWaves Research survey found strong consensus among carriers and brokers/3PLs that spot rates are still a few months from hitting bottom, but that they’ll start to climb again in the second half of 2023.
Most politicians are clueless about supply chains, so it’s a shame when industry veteran Mike Erickson runs for Congress and pins inflation on ocean carriers.
If you’re an owner-operator, chances are that money-wise 2021 felt pretty good to you. Has 2022 been quite as generous?
FreightWaves founder and CEO Craig Fuller assesses the potential for a “great purge” in trucking fleets.
FreightWaves founder and CEO Craig Fuller analyzes the bullwhip effect on the current retail and trucking environments.
The air cargo market has lost some steam from 2021 but is still going strong, according to the airline trade group IATA.
The International Air Transport Association’s chief economist points to mixed signals for the economy and air cargo activity.
FreightWaves founder and CEO Craig Fuller analyzes truckload contract rates and where they may be headed.
FreightWaves founder and CEO Craig Fuller analyzes changes taking place in global supply chains.
FreightWaves founder and CEO Craig Fuller lays out the premise of Freedom Trade.
Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.
Join FreightWaves for the Net-Zero Carbon Summit on April 22.
FreightWaves Founder and CEO Craig Fuller analyzes the impact of the latest Chinese lockdowns on the supply chains between China and the U.S.
FreightWaves Founder and CEO Craig Fuller explains the boom and bust cycle of the trucking industry.
With record inventories building and bottlenecks easing is deflation next?
FreightWaves Founder and CEO Craig Fuller analyzes methods to generate more revenue in a trucking downturn.
FreightWaves Founder and CEO Craig Fuller provides further analysis regarding the decline in the freight market.
Craig Fuller analyzes the state of the U.S. truckload market.
FreightWaves Founder and CEO Craig Fuller writes about the impact of the Russia-Ukraine conflict on the U.S. freight system
Donald Trump claimed his trade war got the Chinese to bend to U.S. will. But the “historic” trade deal he negotiated didn’t turn out so well.
The U.S. Chamber of Commerce wants the Biden administration to spend less time correcting economic problems the chamber feels don’t exist, and more on trade.
The Biden administration wants consumer protection regulators to examine whether giant retailers are creating supply chain distortions for smaller businesses.
FreightWaves founder and CEO Craig Fuller analyzes inflation in the supply chain.
Sustainable fuels and technologies are up against decades of perfecting the efficiency and economies of scale of the fossil fuel industry.
Trucking companies outbidding each other for drivers using salary and per-mile wage increases are leaving themselves vulnerable when the next economic downturn hits, the American Trucking Association’s chief economist warns. […]
Truckload shippers are accepting double-digit rate hikes in 2021 and further increases in 2022, Deutsche Bank’s lead transport analyst says.
FreightWaves introduces FreightWaves Carbon Intelligence. Learn more here!
It is difficult to measure the precise size of the impact on retail fuel prices, but there are signs it is in the double digits.
Zach Strickland, the Sultan of SONAR, talks about what the pandemic did to supply chains.
HSBC global economist James Pomeroy says we won’t be buying all the one-off big-ticket items we did during the pandemic’s first year.
Old-school aerodynamics technologies such as TruckWings can contribute to economic and environmental sustainability.
Cortera report shows surge in business spending as the year drew to a close.
The December rates subindex jumped 13% year-over-year, setting the stage for big rate hikes in 2021, according to Cass data.
Canada and the U.K. reach an interim trade agreement ahead of the exclusion of the U.K. from CETA at the beginning of 2021.
U.S. House lawmakers’ Climate Crisis Action Plan calls for 100% EV truck sales by 2040.
FreightWaves CEO announces SONAR SCI at FW LIVE @Home. SCI stands for “supply chain intelligence.” Read how SONAR SCI can help your business.
Rail jobs resume downward slide after increase a month earlier
Airlines have cut costs to the bone to survive the COVID pandemic. Shrinking the bone — maintenance, airport fees, labor and aircraft rent — is more difficult.
The air cargo industry is operating with an anchor tied around its waist: The absence of strong passenger service.
Trucking jobs are up, but warehouse jobs are up even more
July supply chain survey confirms torrid pace of logistics recovery as transportation capacity remains in short supply and rates bound higher.
Jim Blaze explores the state of the major railroads that operate in Mexico – particularly Kansas City Southern, which is rumored to be a takeover target.
The cost to build a railroad is staggering. Jim Blaze gives an overview of the costs involved in such an endeavor.
The transportation and warehousing sector improves as Canada’s economy adds a surprising 290,000 jobs in May in the latest Statistics Canada employment report.
The retail apparel sector has been among the hardest hit by the COVID-19 pandemic. Learn how international trade, supply chains and tariffs complicate things further.
Jim Blaze writes about the advantages to the railroads of rebuilding locomotives instead of buying new ones.
As various parts of the nation and the world begin to open up, there will be logistical and supply chain issues. Darren Prokop explores those issues.
CNBC’s Lori Ann LaRocco writes about the impact of COVID-19 on U.S.-China trade, particularly in regard to the trade war between the two nations.
Are the railroads following Hunter Harrison’s PSR directives? Railroad expert Jim Blaze explores the topic.
Most crops don’t grow without seeds. But how are seeds for commercial farming transported? Darren Prokop explores this topic.
The transportation and warehousing sector sheds 10.4% of employees in April as Canadian Trucking Alliance calls for additional federal aid.
Nearly 80% of owner-operators and small fleets do not have plan in place, ATRI finds.
Trump says meeting with administration officials “will work out well.”
Like all industries, the coronavirus has impacted railroads. What should they be doing to gain market share and better serve their customers?
Darren Prokop explores the reasons for the huge drop in oil prices and what the ramifications are because of the drop.
Passenger aircraft are being used to fly essential cargo between continents. Learn more about what the airlines are doing to survive and to assist key supply chains.
“A lot of carriers could go into bankruptcy without help,” Energy Transportation Group CEO says. But a 75% wage subsidy from the Canadian government offers hope for vulnerable trucking companies and freight demand hit by COVID-19.
Airlines were among the big industry winners when the smoke lifted and Congress finalized a $2 trillion economic stimulus package to deal with economic fallout from the coronavirus.
The International Air Transport Association had sobering news about the financial prospects for airlines this year: a quarter-trillion dollars in lost revenue.
Brian Aoaeh is a contributor of commentaries to FreightWaves. Last week he wrote Commentary: Supply Chain Caucus established in U.S. House of Representatives. That spurred an idea to write the […]
Treasury Secretary Mnuchin stated the US unemployment rate may reach 20% in the short term if significant fiscal stimulus action was not taken. We estimated whether the modern economy could reach such levels.
ACT Research cannot model downturn scenarios fast enough for Class 8 trucks, but high inventory levels make the coronavirus crisis a good time to take a production break as demand is practically nonexistent.
Amazon.com, Inc. plans to add 100,000 workers, increase hourly wages and limit items received into its fulfillment centers in response to the coronavirus outbreak.
Transporting legal marijuana and related products remains difficult. Learn why in this article.
Head of academic center sees spike in rates, or continued pain through the sector.
2020 is shaping up to be a difficult year for the airline industry because of the coronavirus and uncertainty over when demand for China travel will pick up once the outbreak has subsided.
Jim Blaze explores whether the Class 1 railroads are downsizing their railcar fleets.
Jim Blaze writes about the long, slow decline of coal as the key commodity for railroads, and whether plastics might replace the lost volume.
What is a Freight Recession?
Digging into some of the most recent LMI components.
Quarantines and factory shutdowns could deepen and extend the traditional Chinese New Year trough.
Analyst forecasts tough sledding for freight in first half of the year
FreightWaves’ maritime Market Expert Henry Byers provides insight regarding the Phase One trade deal between the United States and China.
Hey hey hey, welcome to the workin’ weekend! We never hesitate to jump right in and hit you with the headlines: TA Logistics claims Celadon was insolvent in late November […]
Darren Prokop writes about international trade and the World Trade Organization. Are disputes among member countries being handled correctly?
The World Economic Forum opened today. Climate change is the most-feared risk of respondents to a WEF poll. Brian Aoaeh comments that disruption of global supply chains is the real fear.
We gear up into this frigid week with a wild ride of headlines and industry updates. First, some bad news: a fatal shooting at a family-owned trucking company in San […]
We gear down into the backhaul of our week with news of a headline glitch. Starting early Thursday, small-business truckers who rely on the spot market began reporting problems logging […]
