Freight, Transportation & Logistics News & Data Analytics - FreightWaves

ITVI.USA

15,080.610

25.960

0.2%
OTRI.USA

25.600

-0.030

-0.1%
OTVI.USA

15,064.620

25.550

0.2%
TLT.USA

2.660

-0.010

-0.4%
TSTOPVRPM.ATLPHL

2.930

0.130

4.6%
TSTOPVRPM.CHIATL

3.250

0.060

1.9%
TSTOPVRPM.DALLAX

1.440

-0.030

-2%
TSTOPVRPM.LAXDAL

2.830

0.020

0.7%
TSTOPVRPM.PHLCHI

2.190

-0.080

-3.5%
TSTOPVRPM.LAXSEA

3.420

0.140

4.3%
WAIT.USA

124.000

0.000

0%

ITVI.USA

15,080.610

25.960

0.2%
OTRI.USA

25.600

-0.030

-0.1%
OTVI.USA

15,064.620

25.550

0.2%
TLT.USA

2.660

-0.010

-0.4%
TSTOPVRPM.ATLPHL

2.930

0.130

4.6%
TSTOPVRPM.CHIATL

3.250

0.060

1.9%
TSTOPVRPM.DALLAX

1.440

-0.030

-2%
TSTOPVRPM.LAXDAL

2.830

0.020

0.7%
TSTOPVRPM.PHLCHI

2.190

-0.080

-3.5%
TSTOPVRPM.LAXSEA

3.420

0.140

4.3%
WAIT.USA

124.000

0.000

0%

Saturday, April 10, 2021

Another slow week for tender volumes

This dip is likely to be temporary.

Friday, April 9, 2021

Catch your breath: This lull won’t last long

The market takes a breather this week with tenders down 7% week-over-week.

Friday, April 9, 2021

Three-person ‘office of the CEO’ to run Covenant, but Parker retains post

Bunn in put in charge of day-to-day operations; Hogan has a diversified portfolio of duties.

Wednesday, April 7, 2021

FreightWaves Haul of Fame: Consolidated Freightways was an industry leader for many years

Consolidated Freightways was a leader in the trucking industry for decades, and also started Freightliner trucks. Read its interesting story…

Wednesday, April 7, 2021

Knight-Swift announces pay increase; XPO has lots of jobs to fill

The latest increase raises the question: Are we nearing the end of the cycle of increases or just kicking off…

Recent News

Trucking

Seth HolmSaturday, April 3, 2021
0 932

Tender volumes fall back this week

Tender rejections slip but still elevated.
Read More »
Online Haul of Fame

Scott Mall, Managing Editor of FreightWaves ClassicsThursday, April 1, 2021
0 567

FreightWaves Haul of Fame: CX Roberson was sold to Celadon

CX Roberson was a mid-sized dry van carrier. It did well for a couple of decades, then was bought by…
Read More »
Driver issues

John KingstonWednesday, March 31, 2021
2 1,096

Alabama Motor Express joins parade of companies raising driver pay in March

The announced increases this month are a small sliver of the pay rises that companies are needing to hand down…
Read More »
Autonomous Vehicles

Alan AdlerWednesday, March 31, 2021
1 297

Plus money: Autonomous technology startup adds $220M to recent capital raise

Investors plow more money into Plus, which expects to commercialize Level 4 self-driving technology in China this summer.
Read More »
News

Todd MaidenMonday, March 29, 2021
5 3,963

‘Even stronger summer than last year’ sends driver pay higher

Driver pay continues to step higher as truck capacity remains very tight and consumer spending high.
Read More »
News

Seth HolmSaturday, March 27, 2021
0 1,149

Tender volumes up strongly this week

Tender rejections return to all-time high.
Read More »
News

Todd MaidenFriday, March 26, 2021
0 1,454

Forward Air announces its largest rate increase for capacity providers

Forward Air announces its “largest-ever” rate increase to capacity providers.
Read More »
News

Todd MaidenThursday, March 25, 2021
0 1,654

Leonard’s Express acquires Idaho-based refrigerated carrier

Refrigerated carriers Leonard's Express and Holman Transportation join forces in latest truckload acquisition.
Read More »
Logistics

John KingstonMonday, March 22, 2021
0 1,450

Truckload brokerage margins in Q4 lowest in 2 years: TIA

The LTL brokerage business is much smaller than that of truckload, but its profitability increased during the quarter.
Read More »
Trucking

Seth HolmSaturday, March 20, 2021
0 957

Tender volumes slip this week

Tender rejections and spot rates also fall slightly.
Read More »
FreightWaves Classics

Scott Mall, Managing Editor of FreightWaves ClassicsFriday, March 19, 2021
0 789

FreightWaves Classics: Trucking companies’ names range from A to Z (Chapter 14)

FreightWaves Classics continues the series on Trucks A-Z in Chapter 14.
Read More »
News

Todd MaidenFriday, March 19, 2021
1 1,456

Analysts all in on transportation; spending on services no threat

Two bullish equity research reports this week on transportation stocks both highlight expectations around consumer spending and what that means…
Read More »
Online Haul of Fame

Scott Mall, Managing Editor of FreightWaves ClassicsThursday, March 18, 2021
1 1,896

FreightWaves Haul of Fame: Navajo Freight Lines prospered for 40+ years

Navajo Freight Lines grew through acquisitions for 40+ years, until it was acquired. Read its interesting story in this chapter…
Read More »
News

Todd MaidenThursday, March 18, 2021
0 544

February weather only temporary impediment to freight cycle: Cass

February freight data from Cass shows a deceleration in the growth rates of shipments and expenditures. Recent weather events have…
Read More »
Online Haul of Fame

Scott Mall, Managing Editor of FreightWaves ClassicsWednesday, March 17, 2021
0 323

FreightWaves Haul of Fame: Tipping the hat to the Irish!

Celebrate St. Patrick's Day with a special edition of the FreightWaves Haul of Fame!
Read More »
News

Todd MaidenWednesday, March 17, 2021
3 1,824

Cargo Transporters announces ‘all-in’ flexible pay option for drivers

After raising pay earlier in the year, Cargo Transporters has implemented a flexible pay package, allowing company drivers to earn…
Read More »
FreightWaves Classics

Scott Mall, Managing Editor of FreightWaves ClassicsTuesday, March 16, 2021
1 1,694

FreightWaves Classics: Port of Savannah has experienced tremendous growth

The Port of Savannah dates to 1744. But its history is only part of the story in this FreightWaves Classics…
Read More »
News

Todd MaidenTuesday, March 16, 2021
3 5,492

Strong LTL market still has some bumps in the road

While the less-than-truckload market is experiencing a boom, it’s not without growing pains, according to Recon Logistics’ pricing and analytics…
Read More »
News

Nate Tabak, Border and North America CorrespondentMonday, March 15, 2021
0 6,498

2 Canadian trucking companies close amid financial struggles

A pair of Canadian trucking companies in the Toronto area, Orbit Freight and Delta Carriers, shut down in close succession…
Read More »
News

Todd MaidenMonday, March 15, 2021
3 1,851

Cheema Freightlines latest to raise driver pay

West Coast carrier Cheema Freightlines announces a pay bump for drivers and plans to expand its fleet in 2021.
Read More »
Trucking

Seth HolmSaturday, March 13, 2021
1,722

Tender volumes flat week-over-week at very high level

Spot rates steady well above $3.00 per mile.
Read More »
News

Todd MaidenFriday, March 12, 2021
727

Independent contractors see pay bump at Bay & Bay

After a fresh round of pay increases at the beginning of the year, some carriers are continuing to raise rates…
Read More »
News

Nate Tabak, Border and North America CorrespondentThursday, March 11, 2021
867

Comcar bankruptcy liquidation plan approved

The remaining assets of bankrupt trucking company Comcar Industries will be liquidated through two trusts, leaving little for unsecured creditors.
Read More »
Online Haul of Fame

Scott Mall, Managing Editor of FreightWaves ClassicsThursday, March 11, 2021
1 544

FreightWaves Haul of Fame: Land Span, Inc. lasted nearly 88 years

Land Span was a trucking company that was an independent company, a subsidiary of another company and then part of…
Read More »
Online Haul of Fame

Scott Mall, Managing Editor of FreightWaves ClassicsWednesday, March 10, 2021
8 4,966

FreightWaves Haul of Fame: Overnite Transportation Co. was an LTL leader

At one time, Overnite Express was the largest LTL carrier in the U.S. Read its story in this FreighWaves Haul…
Read More »

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