FreightWaves announces 2025 FreightTech 100 companies
Sep 23, 2024 · Related: See previous winners Methodology. The FreightTech 100 list is produced by a panel of journalists, analysts and experts chosen by FreightWaves. The voting form included more than 250 companies with information condensed from nearly 900 nominations.
Container shipping outlook 2024: Rising risk of delays, disruptions
Dec 7, 2023 · It’s not just about the Panama Canal. With the Suez Canal, there have been attacks on ships in the Red Sea, and on top of that, we have the ILA contract expiring at the end of next September [The International Longshoremen’s Association contract for East and Gulf Coast dockworkers]. FREIGHTWAVES: The ILA has specifically warned that it will strike on Oct. 1, 2024, if its demands aren’t met.
KAG acquires Michigan-based dry bulk hauler - FreightWaves
Nov 22, 2024 · “The further expansion of our dry bulk transportation services will be supported with the latest addition of PRM, allowing us to capitalize on our growing Midwest presence,” said John Rakoczy, executive vice president at KAG Specialty Products, in a news release.
#1 Logistics, Freight and Transportation News - FreightWaves
4 days ago · In late 2024, retail giant Macy’s revealed a shocking accounting scandal involving its parcel delivery expenses. It said a single employee had managed to hide approximately $151 million in delivery costs over nearly three years, causing significant disruption to the company’s financial reporting and raising questions about its internal controls.
Why Walmart pays its truck drivers 6 figures - FreightWaves
Jan 23, 2024 · Last year, Walmart announced another key pivot. The company said in January 2023, building on a pilot it launched the year before, that it would allow Walmart associates living in participating locations to apply to a 12-week CDL program.For perhaps the first time, a Walmart company driver doesn’t need years of experience to get …
Covenant Logistics CEO sees trucking market rising in 2025
Nov 20, 2024 · Covenant Logistics Group co-founder and CEO David Parker predicts the trucking industry’s peak season will see positive growth this holiday season. “Last week started the first week of peak that will go until about Christmas, and peak, it shot up about 105% last week, and this week peak is growing even more,” Parker said.
Supply Chain, Logistics, and Trucking News & Data - FreightWaves
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.
Feb 19, 2024 · carrier rate report 3 fig. list of figures (click to jump to figure/page.) 1 truckload spot rates compared to van contract rates 9 national outbound tender reject index across modes 5 average used truck prices from past 7 quarters 13 container atlas ocean teu volume index 19 primary drivers of trucking capacity in first half of 2024 21 freight sentiment indexes — carriers’ quarterly change ...
U.S. Xpress’ multiyear struggle ends with acquisition by Knight-Swift
Mar 21, 2023 · What is notable about the recent performance of U.S. Xpress is not that it has lagged its peers, as it had done that for several years. But the company’s performance has dropped consistently over the past few years even as most of 2021 and the first half of 2022 were being described as one of the greatest trucking markets ever.
Answers to 7 critical questions on oversize/overweight permits
Aug 6, 2020 · In 2011, a Putzmeister 70Z-Meter concrete pumper truck needed to navigate Georgia highways on its way to Japan. The 70Z, so named because its pumper, affixed to a Kenworth truck, stretches roughly 230 feet (70 meters) when fully deployed.