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The end of 2022 saw a surge in cargo thefts that pushed the yearly total to above an estimated $223 million worth of goods stolen across Canada and the U.S., according to recent data from CargoNet.. The Verisk Analytics-owned data firm, which tracks voluntarily reported cargo thefts, recorded 1,778 “supply chain risk incidents” in Canada …

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FreightWaves will be bringing the F3: Future of Freight Festival to its home city of Chattanooga, Tennessee, on Nov. 8-10. Several thousand freight executives, supply chain leaders and industry stakeholders are expected to descend on Chattanooga – named one of America’s most livable cities – for the in-person event, which will take place ...The largest remaining backlogs are off Savannah (left) and Houston (right) on Friday. (Maps: MarineTraffic) The good news is that there were fewer than 100 container ships stuck waiting off North American ports on Friday. The bad news is that there were still 99 container ships offshore and the pre-COVID norm was in the single digits.WebHarbor Freight high-performance inverters are ideal for powering small appliances ... 1500 Watt Continuous/3000 Watt Peak Modified Sine Wave Power Inverter.For all intents and purposes, the month of December has only three weeks of freight activity, as the final week from Christmas to New Year’s is effectively null. In years prior, freight demand has fallen throughout the month before bottoming out in that final week. So far, December looks to be following seasonal trends, which is to say that, while shippers’ activity is winding down, this ...Trucker Tools. Trucker Tools helps empower brokers and carriers with real-time software intelligence.Its platform of over 315,000 carriers helps brokers match 98% of freight with reliable trucks. Trucker Tools’ Book-It-Now option also helps improve relationships with trusted carriers by fully automating many steps of the booking process …Web

31 Jul 2023 ... Freight recession coming for trucking firms. 5NEWS•108K views · 3:40. Go to channel · Israeli offensive turns to southern Gaza as hopes of ...Cargo revenue at public passenger airlines and logistics companies, which serves as a proxy for financial conditions at Amerijet, was down 30% to 50% through the third quarter versus the nine-month period a year ago. Many cargo airlines have hit the brakes on adding new or converted freighters and reduced flight activity to manage costs.

Position your message in front of global freight decision makers. social. Make waves across all FreightWaves Media social platforms. driving value for our customers. SmartDrive always enjoys working with FreightWaves. The team is always very easy to work with and is a true partner with us on the content creation process. I appreciate the ...J. B. Hunt 360º Party. Join us June 21-22, 2023, at the Huntington Convention Center in Cleveland, Ohio to learn first-hand how companies are digitally transforming the management of their supply chains. Explore the latest technology, newest applications, trends in education and continuing evolution of the overall supply chain–it’s an ...

The Google Wave Preview has been available to one million+ people for over three months now, but questions about Wave still abound, even by the early adopters who have gotten in and taken it for a test drive. The Google Wave Preview has bee...Get free real-time information on WAVES/USD quotes including WAVES/USD live chart. Indices Commodities Currencies StocksThe Mes Aynak ore deposit is estimated to hold reserves worth $88B: the mining lease is China’s largest investment in Afghanistan, and Afghanistan’s largest foreign investment in the country’s history. The Mes Aynak ore is supposed to be high grade, at 2.3% copper, at a time when the average purity of copper ore being mined is less than 1%.The current contract, negotiated in 2018 but not ratified until the following year, has allowed UPS to skirt the significant labor cost inflation that has hit FedEx Corp.’s (NYSE: FDX) ground-delivery unit. UPS Teamsters have been receiving wage increases and annual cost-of-living adjustments of about 3% since 2018.

4 min. Fraud rates are on the rise, increasing significantly in 2022 and continuing to climb throughout 2023. In fact, the total annual impact of stolen freight came in at a shocking $223,096,368 last year, according to data from CargoNet. Reports of fraud skyrocketed last year, jumping 400% between 2021 and 2022.

FreightWaves is a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain. FreightWaves …

As one of the largest freight forwarders in the United States, UPS has been a leader in supply chain management solutions since being founded in 1907. UPS delivers more than 25 million packages per day and serves over 220 countries and territories. UPS has the reach you would expect of a leading freight forwarder. Best For: Managing …WebQantas has made pet freight rules more flexible after concerns were raised by an animal rescue group; The airline had been enforcing bans on the transport of pets …Here are some of the small trucking companies that went bankrupt this year: Freon Logistics, 10 drivers. Navarro Trucking Group, 15 drivers. JCB Trucking Enterprises, 16 drivers. McClellan Trucking and Duran Transfer, 21 drivers. Elite Transportation, 25 drivers. Rooney Trucking, 37 drivers.This special FreightWaves subscription service offers unparalleled deep research, analysis and insight on trends and conditions in the freight market. Passport clients have the best holistic transportation research available, based on high frequency datasets and deep networks in the freight industry. Passport provides the most up-to-date ...WebMay 15, 2023 · The worst trucking market prior to the current one was in 2019, the “Trucking Bloodbath.”. At one point, FreightWaves reported on 10 trucking bankruptcies in a single week. New England Motor Freight’s (NEMF’s) bankruptcy opened the year (3,000 employees) and Celadon’s shuttering (5,500 employees) ended it. There were hundreds in between.

The USDA expects Ukraine to export 13.5 million tons of wheat in the 2022-23 marketing year, down 28% from 2021-22. However, it expects global exports to be up 4% year on year, largely due to a surge in exports from Russia. The USDA anticipates Ukraine to export 22.5 million tons of corn in 2022-23, down 17% year on year.The Panama Canal water-level crisis would be having a greater effect on U.S. farm exports if outbound volumes were higher. Canal restrictions are coinciding with a period of reduced American exports, due to both lower crop production and low water levels in the Mississippi River. USDA data on inspections of agribulk export cargoes shows year-to ...FreightWaves Staff Tuesday, November 21, 2023 Could J.B. Hunt, BNSF alliance on Quantum change next decade in freight? J.B. Hunt and BNSF Railway are heralding a new era in freight transport with an intermodal partnership called Quantum. With it, they hope to add enough value to win market share from truckload freight. Read More »Chattanooga, Tennessee—the heart of Freight Alley and home to FreightWaves—will come alive once again with the largest festival in freight November 7-9, 2023. The second annual F3: Future of Freight Festival will converge in the Scenic City at the Chattanooga Convention Center, bringing together experts, entrepreneurs, industry leaders ... Industry analysts predict that the second half of 2023 will bring further market corrections, with any substantial improvements not likely to materialize until sometime in 2024. In a competitive market, reducing costs is a vital aspect of staying profitable. Consider the following cost-cutting measures:Web

Why I believe a freight recession is imminent. Craig Fuller, CEO at FreightWaves. · Thursday, March 31, 2022. Listen to this article. 11 min. Last week, I published an article entitled “ Just 3 years after 2019’s …Predator 9500 Watt Super Quiet Inverter Generator. Now 64% Off. $1 at Harbor Freight. But some people need something more than double in output that provides serious, efficient power to back up an ...

7 Nov 2023 ... Freight Waves has created one of the largest freight conferences in the country, bringing together experts, entrepreneurs and industry ...Beach waves make a great universal hairstyle for different hair types. It has caught on pretty fast with celebrities like the Kardashians, Nicki Minaj and Demi Lovato, among others rocking this style. It blends the casual beach vibes with a...Chattanooga, Tennessee—the heart of Freight Alley and home to FreightWaves—will come alive once again with the largest festival in freight November 7-9, 2023. The second annual F3: Future of Freight Festival will converge in the Scenic City, bringing together experts, entrepreneurs, industry leaders, educators and more to discuss the key factors impacting …WebFreight forwarder Flexport picked up a surprising endorsement from the White House during this month’s Asia-Pacific Economic Cooperation (APEC) forum for its new initiative to help customers reduce their supply chain emissions for airfreight shipments. The Biden administration highlighted efforts to decarbonize aviation at the meeting in San ...According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.The FreightTech Award honors innovation and disruption within the freight industry. Nominations are narrowed down to the FreightTech 100 which is then voted on by a hand-picked peer group of CEOs, industry leaders and investors actively investing in freight to select the FreightTech 25. All of the recipients of the FreightTech Award are highlighted below.

The firm titled its June 3 report “Watching the China Freight Wave,” which covered the slowdown in container markets and forewarned about a slowing U.S. domestic freight market. Using the same data, on June 7, FreightWaves wrote an article titled “U.S. import demand is dropping off a cliff.” We saw container flows out of China to the U ...

19 Jul 2023 ... July's freight market update covers sluggish freight volumes, spot and contract rates, and the returning balance of the freight market.

Quicklook: Best Trucking Companies in Texas. Top Logistics, LLC – Match Now. Lone Star Transportation, LLC – Match Now. Continental Express, Inc. – Match Now. J.B. Hunt Transport Services – Match Now. Estes Express Lines – Match Now. Old Dominion Freight Line, Inc. – Match Now. Stevens Transport – Match Now. Western …WebAs the airline’s agent, France-based ECS will essentially be the face of the airline in the designated regions and provide freight forwarders with a range of cargo services. The GSSA’s primary roles are selling cargo space, supervising ground handling and delivery operations at local airports, and providing administrative support.While dry van trucking involves the use of fully enclosed semi-trailers, which are then used to carry loose, boxed or freight on pallets, reefer trucking uses temperature-controlled semi-trucks to haul perishable and temperature-sensitive goods. You can carry dry freight on a reefer, but you cannot transport temperature-sensitive goods on a dry ...Nov 5, 2023 · The air freight forwarding industry is responsible for making sure shipments from one country to another are fully completed. They handle everything from storage and inventory management, to customs clearance, international export, import documentation, and more. Because of their expertise in international shipping, air freight forwarders also ... Amerijet turns tables on Korean Air for opposing commercial permit. Amerijet, a mid-tier cargo airline based in Miami, is trying to block a startup operator of business jets owned by Korean Air from gaining flight access to the U.S. because it says the Korean flag carrier is undermining its expansion into Korea.Nov 28, 2023 · 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. Atlas Air Worldwide on Tuesday announced the order of two 777 freighters from Boeing in response to strong demand for international e-commerce shipping, one of the few areas of strength in a freight market that has bottomed out after 18 months of decline and led airlines to reel in expansion plans. The two new 777 cargo jets, which were booked ...SONAR’s van contract rate index, which is derived as the national average contract rate from over $40 billion of actual contracted loads between shippers and carriers, is currently at $2.74/mile, down from a high of $2.98/mile set on June 3, 2022. The drop of $0.24/mile represents a 9% drop in two months — and reverses all of the contracted ...The M&IE rate will stay at $69 per day for travel within the continental U.S. and $74 for any travel outside of the lower 48. This will be the third year in a row that rate is in effect. While companies can offer higher per diems, the general consensus in the industry is that the deductible IRS rate is the one used to compensate drivers. If a ...WebChattanooga, Tennessee—the heart of Freight Alley and home to FreightWaves—will come alive once again with the largest festival in freight November 7-9, 2023. The second annual F3: Future of Freight Festival will converge in the Scenic City at the Chattanooga Convention Center, bringing together experts, entrepreneurs, industry leaders ...F3: Future of Freight Festival | Nov. 7-9, 2023. Join us in Chattanooga, TN for a festival like no other!This is the second round of job cuts the freight brokerage has experienced over the past month; about 20 employees were let go on Oct. 20 because of the “current economic situation,” according to sources familiar with the layoffs. Read More » Clarissa Hawes Friday, October 27, 2023 ‘Fraud, theft and abuse’ force Texas freight brokerage ...

F3: Future of Freight Festival | Nov. 7-9, 2023. Join us in Chattanooga, TN for a festival like no other!Predator 9500 Watt Super Quiet Inverter Generator. Now 64% Off. $1 at Harbor Freight. But some people need something more than double in output that provides serious, efficient power to back up an ...According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year …Voting. A panel chosen by FreightWaves will take the hundreds of nominations and narrow down these companies to the FreightTech 100. An external peer group of CEOs, industry leaders, academics and freight-industry investors will then take the FreightTech 100 list and rank those companies that they think are the top 25 most innovative …WebInstagram:https://instagram. msft stock target priceambetter buckeye health reviewsgoogle share value historyoption trading alerts As one of the largest freight forwarders in the United States, UPS has been a leader in supply chain management solutions since being founded in 1907. UPS delivers more than 25 million packages per day and serves over 220 countries and territories. UPS has the reach you would expect of a leading freight forwarder. Best For: Managing …WebFreightWaves is a data and content forum that provides market participants with near-time analytics on the state of the freight market. The company offers current digital … finance 101 classbest application for stock market Freight brokers are a vital asset to organizations. They help with securing carriers for your business in a cost-effective and rapid manner. In the event that there is a problem with the carrier, a freight broker will step in and act on your behalf. They help productively optimize your business’ transportation and cargo needs.WebA freight board, also known as a load board, is an online platform where shippers and carriers (trucking companies or owner-operators) can find and book loads. Shippers or brokers post jobs for carriers to bid on, effectively matching truck capacity with freight in need of transport.Web best vision insurance for seniors The FreightWaves executive team has over 75 years of freight experience, founded or helped build 10 start-ups, raised over $1 billion in private capital and completed over $5 billion of M&A. The team’s experience spans every area of the supply chain, helping the company create unique solutions for the freight community.According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.