Supply Chain, Logistics, and Trucking News & Data - FreightWaves
WEBElection will revamp loophole that allows lower-value imports to avoid scrutiny. FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our customers to benchmark, analyze, monitor and forecast the global physical economy.
American Shipper - News Provider in Global Trade - FreightWaves
WEBSep 26, 2024 — Alaska Air changes cargo leaders in wake of Hawaiian merger. Alaska Airlines has brought in high-powered executives to manage the cargo division, which has become more complex with the addition of international cargo and Amazon shipping business coming from the takeover of Hawaiian Airlines. American Shipper.
Leading Trucking News - Award Winning - FreightWaves
WEB3 days ago — Appeal of Werner nuclear verdict will be heard by Texas Supreme Court. The Texas Supreme Court will hear an appeal by Werner Enterprises in a long-running, $100 million nuclear verdict case. ... FreightWaves provides award …
#1 Logistics, Freight and Transportation News - FreightWaves
WEB1 day ago — Freight market green shoots fade heading into October. Many of the signs of the end to the freight recession have faded, at least in the short run. A strike and the aftermath of a major hurricane are looming disruptors but probably not enough to sustainably shift the market. But the data still points to the end of this historically loose ...
Crude shipping revs up; supertanker rates top $100,000 a day
WEBMar 10, 2023 — LinkedIn. Spot rates for very large crude carriers (VLCCs) — tankers that carry 2 million barrels of oil — just breached the $100,000-per-day threshold. It could be a taste of things to come. Analysts and investors are increasingly confident that the tanker business is headed into a long, sustained upcycle. “VLCC rates have surged at the ...
Knight-Swift builds out LTL network with $150M acquisition of MME
WEBDec 6, 2021 — Knight-Swift Transportation announced Monday further expansion into the less-than-truckload market.The carrier acquired RAC MME Holdings, parent of LTL carrier Midwest Motor Express and truckload carrier Midnite Express, for $150 million in cash.. Bismarck, North Dakota -based Midwest Motor Express was founded in 1918 and operates 33 terminals (800 doors) throughout the Upper Midwest and ...
Logistics News - Award Winning - FreightWaves
WEB6 days ago — The state of logistics in 2024: Low rates and excess capacity. Widespread inflation, growing interest rates and a tight labor market will keep freight service demand low, with excess capacity and low freight rates for the rest of the year. Here’s what to do.
How big are the world’s largest ocean container ships?
WEBJan 14, 2023 — Twitter/X. LinkedIn. Taiwan-based Evergreen Marine in June launched the largest container ship ever built, the aptly named Ever Alot. The massive ship has a capacity of 24,004 twenty-foot equivalent units, just a little more than its slightly older sibling, the Ever Ace, launched in July 2021 and the …
Railroad Freight Industry News | FreightWaves
WEB6 days ago — Railroads continue to play a significant role in North America’s economic infrastructure. According to the U.S. Department of Transportation Federal Railroad Administration, the U.S. rail freight network covers almost 140,000 route miles and is generally considered the largest, safest, and most cost-efficient freight system in the world. In addition, says the FRA, the almost $80 billion rail ...
Container shipping outlook 2024: Rising risk of delays, disruptions
WEBDec 7, 2023 — The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for 2024. Two key container shipping “chokepoints” — the Panama Canal and the Bab-el-Mandeb Strait in the Red Sea — are simultaneously under threat. Container-line financials are under severe pressure, forcing ever more ...