Spot rates break out ahead of holidays
Spot and tender rejection rates point to a strong tightening in the national truckload market. Is this the end of the freight market recession?
Spot and tender rejection rates point to a strong tightening in the national truckload market. Is this the end of the freight market recession?
Hurricane Rafael, which struck Cuba as a Category 3 storm, is not expected to hit the United States.
Donald Trump’s election victory has huge implications for U.S. trade and tax policies, climate change, the war in Ukraine, electric vehicles, and illegal immigration. Here is a summary of policies he has said he will pursue in his second term.
As the Senate shifts toward the right, rail safety could have a different future, especially as the pending rail safety legislation did not secure enough votes to continue. But experts believe there are a few items that could be considered.
Hurricane Rafael is expected to take aim at the United States after making landfall in Cuba, but the storm’s possible intensity and damage to the U.S. coast remain unclear.
With deep roots in the truckload space and a strong commitment to innovation, Werner has positioned itself as an intermodal leader across the North American markets.
The benchmark diesel price used for most fuel surcharges declined in the middle of a wild swing in futures markets.
While small transportation companies are often priced out of traditional insurance policies, Loadsure’s data-driven model allows for accurate pricing and empowers clients with active risk management insights.
The American Medical Manufacturers Association is advocating for tax incentives and tariffs to encourage more U.S. medical equipment production amid concerns over supply chain disruption following recent hurricanes and ongoing competition with foreign trade partners.
The president and CEO of Washington Trucking Associations, Sheri Call, explains why mandates could be a problem for trucking companies due to multiple factors.
The Truckload Carriers Association named Texas driver Michael Dorsey a Highway Angel for his efforts to save lives during the aftermath of Hurricane Helene.
In the quest for sustainability, the transportation sector stands as one of the most significant arenas for change.
The benchmark diesel price used for most fuel surcharges rose though the broader futures market fell.
Tender volumes declined over the week, but tender rejections and spot rates found a little positive momentum over the past week.
Truckload contract rates are starting to move higher in an environment where they have every reason to continue to fall.
The linear model of traditional supply chains is no longer adequate for modern freight thanks to e-commerce and different fulfillment methods. The dynamic nature of today’s supply chain requires unified planning.
The benchmark diesel price used for most fuel surcharges declined Monday after four weeks of rising prices.
Tender volumes and rejection rates moved lower over the past week, while spot rates increased slightly during the week.
The benchmark diesel price used for most fuel surcharges rose for a fourth straight week, but futures prices plunged.
SeaPort Manatee near Tampa, Florida, is slated to get millions of dollars in emergency state funding to help recover from the effects of Hurricane Milton.
The Port of Long Beach has $2.2 billion earmarked for accelerating zero-emission initiatives over the next decade.
Tender volumes and rejection rates moved higher over the past week, but spot rates were unaffected on a national level.
More than 86% of U.S. healthcare providers across the country are currently experiencing IV fluids shortages in the aftermath of Hurricane Helene, sparking a discussion on nearshoring America’s medical manufacturing.
Hurricane Milton caused at least $160 billion in damage and economic loss, according to a preliminary estimate from AccuWeather.
Freight railroads from the Gulf Coast to Miami are still assessing damage and making repairs after Milton made landfall near St. Petersburg late Wednesday as a Category 3 hurricane.
Hurricane Milton was the third large disruptor to transportation markets in three weeks. What happens next?
Nonprofit groups loaded with crucial disaster-relief and medical supplies are at staging areas outside Tampa, Florida, after Hurricane Milton made landfall along Florida’s Gulf Coast Wednesday before leaving a trail of destruction across the state.
Nine Florida ports and one in Georgia remained closed Thursday in the wake of devastation caused by Hurricane Milton.
Hurricane Milton smashed into Florida around 8:30 p.m. Wednesday as a Category 3 near Siesta Key and was making its way across Florida on Thursday.
Class I railroads have rationalized their networks to the extent that there is very little redundancy, leaving few efficient alternatives in the event of a catastrophic event like Hurricane Helene.
Norfolk Southern says its line between Asheville, North Carolina, and Newport, Tennessee — heavily damaged by Hurricane Helene — will be out of service until at least late January, while assessment of the route between Asheville and Old Fort, North Carolina, is ongoing.
Hurricane Milton has struck Florida, less than two weeks after the devastation of Hurricane Helene. American Logistics Aid Network brings together nonprofits and supply chain companies to effectively target disaster relief. But what does that actually entail?
Food retailers with distribution hubs in Hurricane Milton’s path are preparing for the storm to make landfall overnight Wednesday.
As the Southeast attempts to return to normalcy in the wake of Hurricane Helene and prepare for Hurricane Milton, which is expected to make landfall near Tampa, Florida, Wednesday night, drone operators are filling a critical niche in disaster response and recovery.
Nationwide tender rejections are already above 5%.
Extreme weather and other disruptions have stressed supply chains worldwide, but as a Category 4 hurricane barrels toward Port Tampa Bay and possibly other major ports, things are likely to get worse.
Locomotives and freight cars are being moved to higher ground and railroad operations are winding down as Hurricane Milton is only a few hours from making landfall between Tampa Bay and Sarasota on Florida’s Gulf Coast.
Fast, accurate freight market data is critical in periods of volatility.
Category 4 Hurricane Milton is expected to hit Florida late Wednesday or early Thursday, bringing catastrophic flooding and life-threatening conditions less than two weeks after Helene battered the state.
Inbound loads to Lakeland are being rejected at elevated rates.
The stress on Florida’s fuel supply chain is rapidly intensifying as Hurricane Milton closes in on the state’s central-west coast.
A demand spike in truckload markets can leave independent drivers particularly vulnerable to fraud and theft.
Airlines are informing shippers not to send cargo to airports in the expected path of Hurricane Milton as the airline industry implements contingency plans to move people and equipment in […]
Some Florida ports shuttered Tuesday ahead of Hurricane Milton, which is expected to continue growing in size before making landfall as a life-threatening storm.
Freight railroads are on high alert as massive Hurricane Milton heads toward Florida.
The benchmark diesel price used for most fuel surcharges rose for the third consecutive week.
Tampa’s port is bracing for Hurricane Milton as the projected Category 5 storm rapidly strengthens as it barrels toward the state.
Here are a few tips to keep in mind for fleets considering to haul a load for FEMA or any other disaster relief project
“The Waffle House Index” illustrates the severity of damage in areas affected by extreme weather.
Spot rates and tender rejection rates saw a slight increase to start Q4, but tender volumes fell as a result of the ILA strike.
Logistics companies are stepping up to help in Hurricane Helene’s aftermath.
Tristen Utter was nearly finished with his first delivery to North Carolina when he was caught in the disastrous and deadly remnants of Hurricane Helene, stranding him for days with no way to contact loved ones.
The International Longshoremen’s Association donated $100,000 to the American Red Cross’ Hurricane Helene Relief fund on Wednesday.
National Guard units from all over the U.S. are heading to North Carolina to assist victims of Tropical Storm Helene.
From ocean container flows to intermodal rail movements and truckload tenders, our white paper lays out the impact of the port strike.
The benchmark diesel price used for most fuel surcharges rose 0.5 cents per gallon this week.
Hundreds of roadways are closed in North Carolina, including parts of two interstates, snarling delivery routes and posing a challenge for the logistics community as it works to get supplies to residents.
The conversation around sustainability in the transportation sector is no longer just about reducing emissions — it’s about rethinking the way we transport goods altogether.
Rail service across many of Norfolk Southern’s lines from Georgia to West Virginia remain out of service.
CSX Transportation’s former Clinchfield Railroad mainline has seen devastating impacts from Hurricane Helene’s once-in-a-generation flood.
Tender volumes, tender rejection rates and spot rate all drop in the final full week of the third quarter.
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 environment.
Ports are assessing damage after Hurricane Helene roared into Florida as a Category 4 storm.
As Hurricane Helene inches closer to Florida and a possible strike looms over East and Gulf Coast ports, the Jacksonville Port Authority has provided a weather and labor update.
Most Florida ports were closed Thursday ahead of Hurricane Helene’s arrival in the Big Bend region, threatening what meteorologists called a deadly Category 2 storm expected to grow stronger before making landfall.
Florida ports are preparing for Hurricane Helene, which is expected to make landfall in Florida on Thursday and bring life-threatening conditions with it.
Lufthansa Cargo is the first airline to apply a surcharge on shippers to help cover the cost of blending expensive alternative fuel with fossil fuel-based jet fuel.
The benchmark diesel price used for most fuel surcharges rose for the first time Monday after 10 weeks of declines.
Ports along the Gulf Coast are monitoring a storm in the Caribbean that AccuWeather meteorologists predict will strengthen into a hurricane and hit the area on Thursday.
Typhoons this year have ravaged areas in Asia, home to some of the busiest ports for global supply chains. Billions of dollars in damage has occurred across industries, especially agriculture.
The impact of the possible ILA strike is already starting to become visible in the U.S. What is likely to happen if a strike does occur?
Tender volumes have started to flatten out while tender rejection rates have picked up a little steam this week.
While there is debate over whether Section 321 of the Trade Facilitation and Trade Enforcement Act helps the U.S. or gives foreign companies an unfair advantage, the provision will likely come out changed on the other side of the election.
Robert Koelsch, co-founder and CEO of Advanced Energy Machines, talks about his company’s zero-emissions SolarTech transportation refrigeration units (TRUs).
Jason Massey, CEO of Ndustrial, an AI-powered energy intensity platform for the $60B industrial market, and FreightWaves group lead Brielle Jaekel will discuss the cold chain challenges that are contributing to the industrial market’s high energy usage including transportation costs, Scope 3 emissions, and coincident peaks.
Sam Stockdale, head of sustainability at Link Logistics, discusses operational sustainability in warehousing at FreightWaves’ Net-Zero Carbon Summit on Wednesday.
The retail diesel price used as the basis for most fuel surcharges has fallen for a 10th straight week.
Aaron Rudolf, who owns Rudy’s Performance Parts in Burlington, North Carolina, must pay $10 million in criminal and civil fines for an emissions defeat device scheme.
As one of the largest contributors to greenhouse gas emissions in the United States, the commercial transportation industry plays a major role in helping to create a lower carbon intensity future.
Tender volumes have continued to show strength, but the market remains oversupplied. Hurricane Francine had little impact on the market
Intermodal providers are taking share with grace, but is it counterproductive to pricing gains?
Hurricane Francine, which made landfall in Louisiana as a Category 2 storm, did not cause widespread disruptions to local ports.
The monthly report on oil demand from the International Energy Agency should be good news for transportation companies.
A life-threatening storm surge and extreme winds are expected to batter the Louisiana coast Wednesday as Hurricane Francine makes landfall.
Tropical Storm Francine is expected to make landfall in Louisiana on Wednesday as a hurricane, bringing a life-threatening storm surge with it.
In the middle of an overarching downward trend in the price of oil, the benchmark diesel price fell for the ninth straight week.
The National Hurricane Center says Tropical Storm Francine in the Gulf of Mexico could develop into a hurricane threatening coastal Louisiana and northern coastal Texas on Wednesday.
The Montreal Port Authority is spending more than $42 million to restore and upgrade the Pie-IX rail bridge, a project that will also help a port-based sugar refiner boost capacity.
Tender rejection rates suffered the largest weekly decline in the past 6 weeks while tender volumes are being impacted by the holiday weekend
The truckload market appears to be increasingly stable through a period when it normally isn’t. While the immediate future appears uneventful, the holiday shipping season is anything but certain.
Weather forecasting agency AccuWeather is reducing its projected number of named storms during the 2024 Atlantic hurricane season following an “unusual” August with low tropical activity.
Regional and cultural factors can create a range of different terminology in maritime and freight. A standard vocabulary across the industry could streamline optimization, but how can it be done?
The drop in the benchmark retail diesel price is a lot smaller than what is going on in futures markets.
Tender volumes closed August higher, up 3.13% year over year. A slight rise in rejection rates before Labor Day was still below July peaks.
Empty containers could be a strong transportation demand signal for September, but the market appears ready to handle it, for now.
Minnesota’s federally mandated State Freight Plan identifies key areas for investment in the statewide transportation system to ensure goods movement that is safe, efficient and sustainable.
The benchmark diesel price used for most fuel surcharges fell for the seventh straight week.
Tender volumes increased over the past week, while tender rejection rates remained unchanged. The next week will be important for the direction of the freight market in the fourth quarter.
The price used for most diesel surcharges dropped for the sixth consecutive week.