Commentary by Bill Driegert, Senior Director of Uber Freight, explores the current and near-future of on-demand freight.
The November 2019 contract is being bid at $2.01/mile and falling.
We caught up with Gary Saykaly, who is running a new Trucking & Freight Derivatives Group at Lakefront Futures & Options.
The data that can be gathered from a truck’s telematics has caused a shift from selling trucks as products to selling trucks as solutions to owners’ issues.
Lakefront Futures & Options will be marketing Trucking Freight Futures through its new Trucking Derivatives Group. Read the article and learn more about Trucking Freight Futures and Lakefront Futures & Options.
We look at the trucking futures forward curve, Morgan Stanley’s index, the Coyote Curve, and projections from Susquehanna.
On Monday afternoon at Transparency19, Addison Armstrong, executive director of trucking freight futures at FreightWaves, moderated a conversation between Nodal Exchange, where freight futures are traded, DAT, whose rate indexes the futures contracts are settled against, and K-Ratio, a commodities trading advisor based in Chicago advising carriers and shippers on hedging strategies. Danny Gomez, senior […]
FreightWaves’ kick-ass Transparency19 will take place May 6-8 in Atlanta. New opportunities for SONAR and Trucking Freight Futures are available; learn how to register and take part!
J.B. Hunt wants to make freight marketplaces more efficient by making information more transparent.
FreightWaves, in partnership with Nodal Exchange and DAT, launched the world’s first financially settled Trucking Freight Futures contracts at 9 a.m. Friday, March 29. The first trade came through within 20 minutes of opening, at 9:18 a.m.
FreightWaves, in partnership with Nodal Exchange and DAT, launched the world’s first financially settled Trucking Freight Futures contracts at 9 a.m. Friday, March 29. The first trade came through within 20 minutes of opening, at 9:18 a.m.
Guests at FreightWaves headquarters enjoyed a cocktail reception, dinner, and talks from industry luminaries.
Southwest surfed the volatility in petroleum markets and maintained a strong financial position by aggressively hedging jet fuel.
Southwest surfed the volatility in petroleum markets and maintained a strong financial position by aggressively hedging jet fuel.
The futures contracts will provide a way for carriers, shippers and third-party logistics providers to hedge their exposure to truckload spot rate volatility.
FreightWaves executives discuss how futures mitigate risks facing carriers, shippers and intermediaries in spot trucking market.
FreightWaves, Nodal Exchange, DAT and ABInBev hosted the seventh Freight Futures Road Show in St. Louis on Wednesday, February 27. The show introduced transportation and logistics leaders to Trucking Freight Futures.
FreightWaves has closed $20 million in Series B funding from large strategic investors including Hearst Ventures, Prologis Ventures, and Revolution Ventures
Freight Alley in Chattanooga was the scene on the afternoon of February 21, when executives from FreightWaves, Nodal Exchange, DAT and K-Ratio presented the Trucking Freight Futures roadshow. Trucking Freight Futures debut on the Nodal Exchange on March 29.
The audience in Atlanta was one of the most engaged and informed to date.
The Trucking Freight Futures Road Show rolled into the “Big D” – Dallas! Learn more about Trucking Freight Futures and what participants discussed in Dallas!
Options are a key hedging tool, because they can require a far smaller initial outlay for a company to protect itself from wild price swings.
Trading of futures contracts can help market participants minimize their exposure to risk. Freight brokerage K+L Freight has launched a subsidiary, K-Ratio, to help its customers navigate the Trucking Freight Futures market when it launches on March 29.
Financial market executive gives a vote of confidence in the success of the trucking futures market by taking the helm
Some $726 billion in annual spend on U.S. surface transportation faces daily price swings, but futures aim to mitigate the volatility.
FreightWaves, DAT, Nodal Exchange, and K-Ratio pitched trucking freight futures to a diverse group of financial institutions and media and tech companies on Wall Street on Wednesday.
FreightWaves will live stream each of its Trucking Freight Futures road shows, allowing everyone who participates in the freight market to learn how they can offset their exposure to price swings.
Access to data has improved market transparency, and recent spikes in volatility make the case that transportation costs must be hedged and de-risked.
Keeping track of a week-long series of events that on the surface should be driving prices higher.
Also today: going to jail for bogus CDLs; ecommerce driving the Canada Post labor dispute.
It’s a tricky balance between risk and safety, but in the trucking world, before freight futures, there was no way to protect a company’x exposure.
This morning at MarketWaves18 in Grapevine, Texas, FreightWaves CEO Craig Fuller announced that freight futures will begin trading on March 29, 2018.
The author of Moneyball and other books expresses concern about the possible misuse or ignoring of data coming out of the federal government in his talk before Marketwaves18.
Trucking Freight Futures are coming. Learn more at MarketWaves18 with our complementary and comprehensive Trucking Freight Futures training!
45 companies applied for a spot in the annual Innovators Pavilion at the FIA Futures & Options Expo, 15 finalists were chosen, 5 were selected by a panel of judges to present at the at FIA Innovator of the Year pitch competition, but only 1 came out on top.
Delta bought a refinery to hedge its exposure to the jet fuel market, and now it wants some partners to help share the burden of other fuels.
K & L Freight has invested heavily in technology and data and grown 5x in the past two years. The next step is offering financial services to help their shipper customers hedge against spot market volatility.
Trucking passes all five of Paul Newman’s tests for a successful futures market. That’s why we’re building a financially-settled freight futures contract with Nodal Exchange and DAT.
The Baltic Exchange is changing one of their signature indices, the Baltic Dry Index, which averages shipping rates for raw materials like coal, ores, and grains. Baltic is hoping to make the BDI a more attractive benchmark for futures investors.
The Baltic Exchange is scheduled to end its freight futures exchange platform, Baltex, today.
One of the largest financial exchanges in the world has partnered with DAT and Chattanooga-based TransRisk to launch a futures contract based on trucking spot rates. The venture brings together the benchmark pricing index with one of the largest financial exchanges in the world.
Founded with the purpose of addressing volatility for brokers, carriers and shippers in major shipping lanes through risk-management solutions, TransRisk is one step closer to doing just that. The company, along with DAT Solutions and Nodal Exchange jointly announced an agreement to develop, market and list the first and only trucking freight futures and options on futures contracts.
The nation is about to heat up starting this weekend, and that could drive more volatility to already rising spot rates for agricultural haulers and shippers.
When capacity is tight, spot market rates increase, and that hurts brokers. There are other factors that affect rates, of course, but 3PLs have had few options to manage the underlying fundamentals that so negatively hurt their businesses. That is about to change.
A futures market will react to the underlying fundamentals of its physical market because in the end, the futures price is linked to the physical market. But, the opposite is also true. A physical market can look to a futures market for transparency and guidance on rate structure. A developing trucking freight futures market might be the answer to solving these industry issues.
Since the dawn of the shipping industry, brokers, carriers and shippers have struggled with rate price swings, sometimes due to conditions outside their control, such as weather or politics. TransFX, a Chattanooga-based company located in Freight Alley, is trying to help change that by offering “freight futures contracts.”
Those on both sides of the freight business have struggled for years with volatile shipping rates. Contracts get locked in for months or more with no assurance that the contract will reflect current prices when loads are delivered. TransVix believes part of the solution to this problem is the creation of a Trucking Futures Exchange.
