Supply Chain, Logistics, and Trucking News & Data - FreightWaves
WEBMinnesota’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. FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis ...
#1 Logistics, Freight and Transportation News - FreightWaves
WEBFormer Missouri mayor gets prison time for stealing $300K from drivers. Corey Louis Hendrickson, 46, a former mayor of Willard, Missouri, and fleet dispatcher for Prime Inc., was sentenced to three years in federal prison for a scheme in which he used the names and Social Security numbers of drivers to steal money.
Leading Trucking News - Award Winning - FreightWaves
WEBCanada rail lockout ‘horrific’ for supply chain, carrier trade group head says. Trucking industry and logistics leaders said the lockout by Canada’s two largest railroads Thursday could create capacity crunches and rate spikes across the freight industry. Read More ». Thomas Wasson Thursday, August 22, 2024.
Starsky Robotics tests first unmanned autonomous truck on public ...
WEBJun 26, 2019 — Starsky has been testing its autonomous technology for more than two years now. The self-driving truck startup completed a series of road tests on a section of the Lee Roy Selmon Expressway near Tampa, Florida in May.. Starsky also completed a 7-mile driverless trip on a closed road in February 2018 in Florida and hauled its first automated load on the Florida Turnpike in February of 2017.
2021’s most transformational deals in trucking - FreightWaves
WEBDec 23, 2021 — ArcBest (NASDAQ: ARCB) became a top-15 truck broker overnight with the purchase of Chicago-based MoLo Solutions. With $600 million in revenue expected during 2021, MoLo doubled the size of ArcBest’s brokerage operation. The deal also doubled ArcBest’s carrier network to 70,000. The $235 million cash purchase price may represent just …
Tidal wave of new container ships: 2023-24 deliveries to break …
WEBOct 5, 2022 — Historical delivery data from Clarksons shows that annual fleet growth averaged 970,000 TEUs in 2001-20. Deliveries in 2023-24 will be 2.6 times higher than that average. The previous single-year record for annual growth was 1.7 million TEUs in 2014, according to Clarksons data, well below what’s to come.
By the numbers: Shipping’s unparalleled year in 10 charts
WEBDec 23, 2021 — Capital Link’s container shipping index outperformed the pack, up 242% year to date as of Tuesday. Chart: American Shipper based on index data from Capital Link. The Capital Link Maritime Index, which covers stocks of all vessel segments, was up 138%, while the dry bulk index was up 97%. Tankers and gas carrier stocks lagged.
What is Drayage? - FreightWaves
WEBJun 27, 2019 — FreightWaves Staff. · Thursday, June 27, 2019. Facebook. Twitter/X. LinkedIn. Also known as the First Mile, drayage is the transport of goods over a short distance between ports and warehouses for truck, ship or rail. drayage NEXT Trucking.
‘Astronomical’ gains for dry bulk shipping but rally looks fleeting
WEBDec 4, 2023 — Rates for Capesizes — larger dry bulk vessels with capacity of around 180,000 deadweight tons (DWT) that carry iron ore, coal and bauxite — averaged $54,600 per day on Monday, according to Clarksons Securities, more than triple rates on Nov. 1 of $15,800 per day. “This is a week that [shipowners] …
Railroad Freight Industry News | FreightWaves
WEB5 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 ...
Skip to content