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Jun 7, 2023 · The PMA paid ILWU registrants at all U.S. West Coast ports total wages of $2.31 billion in 2022, up $371 million or 19% versus 2019, pre-pandemic. The effective hourly rate rose 7% over the three-year period. Straight time was 22,895,230 hours in 2022, up 8% from 2019. Overtime came in at 13,084,540 hours, up 16%.

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Get the latest breaking news and stay on top of the stories that matter most. CLICK HERE FOR FULL EXPERIENCE Available on your favorite devices LEARNThe NRR EV joins Isuzu’s medium-duty Class 3, 4 and 5-s low-cab-forward trucks powered by a 6.6-liter gasoline-fueled V8 engine. Class 4 and 5 N-Series models feature Isuzu’s 4HK1-TC turbo diesel. Class 6 and 7 F-Series models come with the Cummins B6.7 diesel under the cab. The new entries join a crowded field with several startups and ...F3: Future of Freight Festival. 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 ...The layoffs, which occurred Oct. 16, affected 55 truck drivers, four dispatchers and seven mechanics, according to a recent filing with the Texas Workforce Commission. FreightWaves’ Noi Mahoney reported the story. Nov. 4: Approximately 65 employees of Pittsburgh-based Elite Transit Solutions were laid off.

FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. He also is a trucking industry veteran, …4 min. Pilots at FedEx have authorized union leaders to call a strike, once allowed under federal law, if negotiations with the parcel logistics company fail to produce a satisfactory contract. The Air Line Pilots Association (ALPA) said Wednesday that the motion to support a strike passed with 99% of support, with nearly all of the membership ...

Trimble acquired Kuebix for $200 million in 2020 to gain access to its network of more than 21,000 shipping companies. (Photo: Jim Allen/FreightWaves) Nashville,Tennessee-based FreightWise has acquired transportation management system software provider Kuebix from Trimble Inc. The acquisition was announced Thursday and …If you need immediate support, please click here to submit Help Ticket or Chat with a Customer Service Representative. If you have a press release that you’d like to submit for editorial consideration, please email directly to [email protected]. If you have a privacy related issue, please email us directly at [email protected] ...

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.FreightWaves. 71,410 likes · 3,696 talking about this · 64 were here. FreightWaves is the most trusted provider of global supply chain market intelligence.FreightWaves Passport delivers clarity in an era of data overload. More than ever, speed and timing are keys to success, and weeding through extraneous information wastes valuable time. Passport eliminates the noise of daily news, data, updates and outlooks by providing relevant research and insights specific to your industry sector.8 min. Teamsters brass said Monday that less-than-truckload carrier Yellow Corp. has informed them it will be out of money by August if a proposed change of operations isn’t approved. The union, however, says the company has been mismanaged for years and vows to not bail Yellow out again. “Yellow has been unable to effectively manage itself ...

May 12, 2021 · Double-brokering scams, fraudulent fuel advances cost the industry over $100 million per year. Joe Howard, a 20-year logistics industry veteran, warns of load-board scammers popping up in Southern California. Photo: Karen Roach/Shutterstock. Part I of a three-part investigation into an alleged double-brokering scheme from Southern California.

Leveraging FreightWaves’ world class media and video production capabilities, the F3 Virtual Experience will bring industry leading FreightTech to life on November 9-11, 2021. ‍. Join us to engage with industry leaders, experts and entrepreneurs on our newest virtual presentation platform. We’ll host live, interactive discussions focused ...

5 min. Federal regulators plan to propose setting a truck speed limit using electronic engine devices in a proposed rule anticipated in 2023. The Federal Motor Carrier Safety Administration on Wednesday issued a notice of intent to solicit comments that the agency will use to inform a supplementary notice of proposed rulemaking (SNPRM), …Todd Maiden. Based in Richmond, VA, Todd is the finance editor at FreightWaves. Prior to joining FreightWaves, he covered the TLs, LTLs, railroads and brokers for RBC Capital Markets and BB&T Capital Markets. Todd began his career in banking and finance before moving over to transportation equity research where he provided stock recommendations ...2022 Top 500 For-Hire Carriers. Download and share our press release template and Top 500 badges (in color and black & white).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.Aug 30, 2023 · FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank.

17 thg 5, 2023 ... Thomas Wasson, with FrieghtWaves, said the bar is used to secure loads, usually flatbed trailers. He said there is a place to put the bar ...More news of bankruptcies came from the logistics sector, a further indication that this bloodletting cycle will be death by a thousand cuts. A 12-year-old brokerage in Fort Worth, Texas, SEL Supply Chain Solutions struggled to overcome a failure cascade that started with the theft of a $700,000 load earlier this year.Sep 14, 2022 · FreightWaves announced on Wednesday the latest FreightTech 100 — a selection of the most innovative companies in the freight technology space. This is the fifth annual iteration for the award. Over the past few months, FreightWaves has received more than 1,500 nominations for 423 companies. Data: FreightWaves calculations based on ACP FY 2022 and FY 2023 transit data) That historical container-ship average is right at the Feb. 1 limit for total Neopanamax reservation slots (for all ship types) — and it’s just an average, meaning that on many days over the past two fiscal years, there were more than five container ship transits ...Jun 7, 2022 · Container imports bound for the U.S. have dropped over 36% since May 24. (This index measures departing container volumes at the port of origin). This is a troubling sign for domestic U.S. freight markets that have been benefiting from an unprecedented surge of containerized import volumes over the last 18 months. experience the future of freight. Leveraging FreightWaves’ world class media and video production capabilities, the F3 Virtual Experience will bring industry leading FreightTech …Sep 9, 2023 · 4 min. Nikola Corp. is asking dealers and customers to return battery-electric trucks under recall for possible battery fires to its Coolidge, Arizona plant despite the company still working on a fix. “We’re bringing them back to Coolidge for repairs to be made instead of in the field,” spokesman Dan Passe told FreightWaves in an email ...

In an interview with FreightWaves, Arodiogbu was quick to quash the rumors, stating that VC-backed CloudTrucks made a business decision to “really double down and focus on [our] Virtual Carrier and Flex [offerings] and decided to stop growing the factoring business.”. In July 2022, FreightWaves’ Grace Sharkey reported that …FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our …

Less-than-truckload carrier Yellow Corp. closes after 99 years in business. (Photo: Jim Allen/FreightWaves) The biggest bankruptcy in U.S. trucking history could occur in the coming days when the nation’s third-largest less-than-truckload carrier, Yellow Corp., files. The company ceased all operations at noon on Sunday, and leadership ...FreightWaves’ Rachel Premack wrote an article on Wednesday outlining her experience attending a truck driver training conference in Corpus Christi, Texas, by the National Association of Publicly-Funded Truck Driving Schools (NAPFTDS). Premack sought to get more information on a fundamental disagreement in trucking that involves …FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. He also is a trucking industry veteran, …Alyssa is a staff writer at FreightWaves, covering sustainability news in the freight and supply chain industry, from low-carbon fuels to social sustainability, emissions & more. She graduated from Iowa State University with a double major in Marketing and Environmental Studies. She is passionate about all things environmental and enjoys ...Nov 5, 2023 · A captain who works 40 years at FedEx can expect to make slightly more than $20 million in pay, benefits and retirement over his or her career compared to the industry average of about $18.8 million, according to analysis by aviation analyst Kit Darby. But the total compensation now lags Alaska Airlines, Hawaiian Airlines, Delta Air LInes ... Find the official App from FreightWaves developer and click on the Install button. Step 4: Upon successful installation, you can find FreightWavesTV on the home …

FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. He also is a trucking industry veteran, …

New York — The RailTrends conference for 2023, last week’s gathering of many of the industry’s operating executives as well as those who finance, analyze or try to sell goods and services to the sector, had a cautiously optimistic tone that rail may soon be able to start to snag some market share from the trucking industry. It’s not a meeting at …

Supply Chain Events & Logistics Conferences. Join us for the latest insights on emerging issues and trends within the transportation industry. Our FreightWaves TV events and freight conferences give you the opportunity to make connections, stay up-to-date and prepare for what lies ahead. Get started by exploring upcoming FreightWaves events ...Eric is the Supply Chain and Air Cargo Editor at FreightWaves. An award-winning business journalist with extensive experience covering the logistics sector, Eric spent nearly two years as the Washington, D.C., correspondent for Automotive News, where he focused on regulatory and policy issues surrounding autonomous vehicles, mobility, …Sep 14, 2022 · FreightWaves announced on Wednesday the latest FreightTech 100 — a selection of the most innovative companies in the freight technology space. This is the fifth annual iteration for the award. Over the past few months, FreightWaves has received more than 1,500 nominations for 423 companies. The NRR EV joins Isuzu’s medium-duty Class 3, 4 and 5-s low-cab-forward trucks powered by a 6.6-liter gasoline-fueled V8 engine. Class 4 and 5 N-Series models feature Isuzu’s 4HK1-TC turbo diesel. Class 6 and 7 F-Series models come with the Cummins B6.7 diesel under the cab. The new entries join a crowded field with several startups and ...Sep 21, 2023 · Covenant Logistics Group’s Matt McLelland said at FreightWaves’ Net-Zero Carbon Summit on Thursday that his company’s sustainability plan includes fleet initiatives to reduce idle percentage and increase miles per gallon. Read More ». FreightWaves Staff Thursday, September 21, 2023. Diversification will be key in 2024. With 2024 expected by many to see a swing in pricing power back in carriers’ favor, Carrillo emphasized the need for shippers to diversify their logistics networks. This aligns with the white paper’s findings, which reveal a heavy reliance on over-the-road trucking, used by 87% of survey participants.Mar 8, 2023 · The NRR EV joins Isuzu’s medium-duty Class 3, 4 and 5-s low-cab-forward trucks powered by a 6.6-liter gasoline-fueled V8 engine. Class 4 and 5 N-Series models feature Isuzu’s 4HK1-TC turbo diesel. Class 6 and 7 F-Series models come with the Cummins B6.7 diesel under the cab. The new entries join a crowded field with several startups and ... INSW operates 42 vessels (including two floating storage units) totaling 7 million deadweight tons (DWT) and has a current market capitalization of around $880 million. For the latest on IMO 2020 and other key issues, FreightWaves sat down for an interview with INSW CEO Lois Zabrocky at her company’s midtown Manhattan …

Dec 5, 2022 · The unified carrier, which has yet to announce a new name, will expand into Texas in the first quarter and will add Chicago at an undetermined time. The company on Thursday announced a 6.9% general rate increase on residential ground deliveries in 2023, which matched FedEx and UPS. But the OnTrac-LaserShip GRI is just for show. A Convoy spokeswoman issued a brief statement to FreightWaves, also citing potential developments in the next 24 to 48 hours, without elaborating further. And with that, according to the communication, “all shipments have been canceled from our marketplace.” Convoy said that shippers could “choose to work with the carriers that were ...FreightWaves Founder and CEO Craig Fuller writes about the impact of the Russia-Ukraine conflict on the U.S. freight system. Read More » Eric Kulisch Monday, March 7, 2022 Drivers taking up arms for Ukraine worsens European trucker shortage The truck driver shortage in the U.K. and Europe is getting worse with cross-border traffic being ...Instagram:https://instagram. webull options applicationbester forex brokerwhat to look for on quartersstartups to invest A big rig will get around 6 miles per gallon. Most big rigs in the U.S. have tanks that range in capacity from 120 gallons per tank up to 150 gallons and depending on the radius of operation, may have one tank for shorter hauls or two tanks for longer ones. For fleets that are weight conscious, they often choose to run just one tank allowing ... devon energy dividendhow profitable is forex trading John Kingston. · Friday, November 03, 2023. Job totals in truck transportation declined for the fourth time in five months. (Photo: Jim Allen/FreightWaves) Employment in the truck transportation sector in October recorded its fourth decline in the past five months as total jobs in that classification are now down more than 30,000 since its ...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 ... forex trading south africa 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 ...A Yellow truck leaving a terminal in Houston, Texas. (Jim Allen/FreightWaves) Abdul Jaludi knows his job as a driver at Yellow Corp., one of the largest trucking fleets in the United States, is better than most trucking gigs. He’s home most nights, gets paid vacation and sick leave, and “doesn’t pay a penny” for his medical …