Freight volumes recover as January closes. The artic air freezes the Midwest as the Chicago market heats up.
Sponsored by Redwood LogisticsWhile Redwood has moved freight in and out of the Southeast for quite some time, this acquisition provides the company with strong operational presence in the region. This geographical expansion is a key component of Redwood’s overall acquisition strategy.
Chicago to Atlanta is holding up around $2/mile net of fuel, while lanes like Los Angeles to Dallas have crashed 40% off their November high.
The United States is in the midst of a building boom for industrial space as the logistics market struggles to accommodate surging e-commerce demand.
Originally planned as an outlet mall, lot to get new lease on life as industrial property
January’s World Economic Forum (WEF) white paper identified 16 factories that are leading the world economy in manufacturing technology. The United States has only one of these “lighthouse” facilities – Fast Radius’s Chicago factory, located in the city’s West Loop.
Forager is building a digital freight marketplace to automate elements of cross-border logistics.
A pause for industrial real estate after a stellar run, JLL predicts.
Logistical Labs COO speaks on the elevation of the company to #25 on Freight.Tec via pricing portal LoadDex.
We talked to freight brokers at LYNC Logistics, Arrive Logistics, and MoLo Solutions about whether recent softness in flatbed demand signaled a return to normal seasonality, and where unexpected opportunities might be hiding.
A surge in freight from Los Angeles has started to inflect the Dallas and Houston freight markets. Meanwhile, Harrisburg, PA’s strong headhaul score makes that Northeast market a diamond in the rough.
SONAR’s Headhaul Index map and the HAUL.JOT Index are both showing that the return to growth in inbound loaded container flow first seen in the Long Beach/LA port is continuing and gathering momentum.
MoLo Solutions did $20M in revenue in its first twelve months of operations and is on a $70M run rate for its second year. FreightWaves interviewed CEO Andrew Silver and President Matthew Vogrich.
SONAR’s new index shows the cost difference for Asian exporters moving goods into East Coast or West Coast ports. When combined with trucking spot prices, the Panama spread helps explain recent shifts in trade flows.
Amazon has promised to name a location this year for the so-called HQ2 project, which it claims will ultimately employ 50,000 people. Using SONAR, from a freight perspective, we’re here to help.
Intermodal tightness has pumped the hub of hubs, the Chicago freight market especially on lanes paralleling major railroads; meanwhile a minor heatwave in St. Louis may have been behind a massive surge in reefer turndowns.
Elon Musk said that Saudi Arabia wants to buy Tesla; The New York Times wakes up to the driver pay issue; Amazon touts its private label brands ahead of the holiday season; lidar maker Quanergy appears to be struggling; Chicago’s mysterious surge in turndowns.
The 3PL company saw its revenue climb in both its key units, with its services in demand in a tight market.
Why, when capacity is so tight, is Chicago of all places overheated?
The Chicago area is considered a keystone to many freight networks and as such a reliable indicator to the overall health of the trucking industry. WIth all the talks of trade wars and ELDs signs point to a remarkably stable environment, but for how long?
