Freight wave news

Port Houston handled 307,624 twenty-foot equivalent units in August, a year-over-year (y/y) decrease of 20%. Overall container volumes and freight flows at Port Houston declined in August compared to last year, led by a 48% y/y drop in empty containers to 40,398 TEUs. Roger Guenther, executive director at Port Houston, said ….

The National Motor Freight Classification, also known as the freight class number, of a commodity is typically assigned by a shipping company.We would like to show you a description here but the site won’t allow us.Oct 13, 2023 · Push to reshore US manufacturing motivated by global supply chain issues. Rosemary Coates, executive director of the Reshoring Institute, offers insights into supply chain issues during a keynote address Thursday at the FreightWaves F3: Future of Freight Festival. Read More ». Noi Mahoney Wednesday, November 2, 2022.

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FreightWaves Carbon Intelligence (FCI) enables shippers to quantify the efficiency, cost and carbon impact of their transportation networks. Built inside FreightWaves’ Supply Chain Intelligence platform, Carbon Intelligence is the first network-level carbon solution for transportation and logistics brought to market by an impartial, third-party data provider.Record newbuild deliveries in 2023-24. The majority of tonnage on order will be delivered the next two years: 2.34 million TEUs in 2023 and 2.83 million TEUs in 2024, compared to around 1.1 million TEUs in both 2021 and 2022, said Verberckmoes. The scale of the upcoming deliveries is unprecedented.The freight market has been flat for most of 2023, impacting everything from major carriers to various logistics firms. In August, less-than-truckload carrier Yellow Corp. filed for bankruptcy, and mega carrier Knight-Swift Transportation initiated a round of layoffs earlier this month.The National Motor Freight Classification, also known as the freight class number, of a commodity is typically assigned by a shipping company.

Spot rates fall back again. The global composite of Drewry’s World Container Index (WCI) fell 6% in the week ending Thursday versus the prior week, to $1,384 per forty-foot equivalent unit. The global composite has given back all of its gains since the beginning of Q4 and is now down 1% versus Oct. 1. Spot rate in USD per FEU.Jan 16, 2023 · Truckload spot rates, according to the FreightWaves National Truckload Index, hit a low of $1.67 on Nov. 17, 2022, and have since bounced back to $1.98 per mile. FreightWaves SONAR: National Truckload Index. To learn more about SONAR, click here. Trucking tender volumes also suggest that the direst of predictions have not played out. For exporters, container shipping still far from pre-COVID ‘normal’. The supply chain crisis is over, but exporters are still paying more — and facing more logistical challenges — than they did before the pandemic. Read More ». Greg Miller Friday, September 15, 2023.FreightWaves Carbon Intelligence (FCI) enables shippers to quantify the efficiency, cost and carbon impact of their transportation networks. Built inside FreightWaves’ Supply Chain Intelligence platform, Carbon Intelligence is the first network-level carbon solution for transportation and logistics brought to market by an impartial, third-party data provider.Spot rates fall back again. The global composite of Drewry’s World Container Index (WCI) fell 6% in the week ending Thursday versus the prior week, to $1,384 per forty-foot equivalent unit. The global composite has given back all of its gains since the beginning of Q4 and is now down 1% versus Oct. 1. Spot rate in USD per FEU.

The heart of the Haslam complaint — filed as an action by Pilot Corp. — is that in violation of an earlier agreement, Berkshire Hathaway, upon taking control of Pilot Travel Centers (PTC), switched its accounting to a “pushdown” method. Haslam says this is reducing the value of Pilot, which would impact what Berkshire Hathaway would pay ...10 ก.ค. 2566 ... ... wave is at the midpoint of the ship. This leaves the upper part of ... freight rates worldwide. Such is the present demand for moving goods ... ….

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Nov 14, 2023 · Parcel delivery is a cost-effective, efficient, and fast option for businesses shipping items up to 150 pounds. And, unlike freight shipping, packages are delivered directly to a residential or business address. Check back here for the latest parcel freight industry news. Mark Solomon Wednesday, November 15, 2023. CHATTANOOGA, Tenn. — Despite one of the most unprecedented downfalls in transportation and logistics history, Convoy Inc.’s ultimate legacy is that it shook up the freight industry by bringing technology innovation and investments into the space. Seattle-based startup digital freight broker Convoy announced it was shutting down operations ...An order was entered in a Delaware bankruptcy court Thursday naming less-than-truckload carrier Estes Express Lines’ $1.525 billion stalking horse bid as the winning offer of Yellow Corp.’s portfolio of owned terminals. Bid protections for Estes were also approved, including a $7.5 million breakup fee and expense reimbursement up to $1.6 ...

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’ price, demand, and capacity data allow customers to benchmark, analyze, monitor, and forecast the global physical economy. Without logistics, the supply chains that keep ...Data: Descartes Datamyne) Imports have surged 33% from their recent low in February. October’s inbound volumes were the highest since August 2022, back when volumes were still inflated by the one-off pandemic boom. It was the third best October ever for the U.S. imports, with the exception of the boom-inflated months in 2020 and 2021.The hike in railways fares and freight rates has sparked outrage. Political parties (mainly the Congress, but also BJP allies such as the Shiv Sena) are citing it as an example of an anti-people measure. The Modi government would be well se...

european wax centrt The recent shutdown of Convoy, a digital freight brokerage established in 2015, shows that. Convoy enjoyed all the trappings of a runaway tech success. Its two co-founders, Dan Lewis and Grant Goodale, had Amazon and Ivy League credentials. Convoy counted Jeff Bezos, Bill Gates and (bizarrely) Bono among its investors. nasdaq hofvwhen is a good time to buy stocks 01 Sept 2023 ... NBC News•44K views · 53:10. Go to channel · Core Beliefs and Mindsets for ... #freightbroker #freight. Freight 360•1.2K views · 1:00:09. Go to ...The Seattle and Tacoma ports saw volumes rise 22% compared to the previous year, reversing a 19-month-long-trend. By Alejandra Salgado • Oct. 25, 2023. More stories. The latest freight news for supply chain professionals. manutd stock 28 ต.ค. 2564 ... Grains, including wheat, are traditionally shipped using bulk carriers like Panamax, Handymax and Capesize vessels that contain large cargo ...08 Aug 2023 ... The good news is that the comparison will be easier than it was in 2022 versus 2021. So while absolute freight levels probably will not be much ... publicly traded wine companiescool cheap desksminerco 2 days ago · The FreightWaves Trusted Rate Assessment Consortium (TRAC) spot rate from Los Angeles to Dallas, arguably one of the densest freight lanes in the country, is still recovering from a recent dip. Over the past week, the TRAC rate remained unchanged w/w at $2.28 — lingering near its year-to-date high of $2.39. FreightTech is already growing exponentially faster, having climbed from $118 million to almost $3 billion, or a multiple of 25 in five years. Continuing a trend, the Softbank Vision Fund is driving the first quarter 2019 curve, as it led the $1 billion round in Flexport, boosting the online freight forwarding company’s valuation to an ... how much is ambetter insurance The founders of shuttered self-driving car startup Argo AI, which was abandoned by Ford Motor Co. and Volkswagen AG, are starting an autonomous trucking business with $1 billion in backing from Japan’s SoftBank Group Corp. “With our proprietary technology and expertise as well as the commitment from our long-term partner in … ferrari 4 doorbest credit card for capital onenoc ticker FreightWaves’ Greg Miller reported, “The global composite of Drewry’s World Container Index (WCI) fell 6% in the week ending Thursday versus the prior week, to $1,384 per forty-foot equivalent unit. The global composite has given back all of its gains since the beginning of Q4 and is now down 1% versus Oct. 1.”. X.