2023-07-24 22:48
FreightWaves has written extensively in recent months about how historically weak U.S. box demand has been, and nothing’s changed of late. In fact, demand continues to surprise to… Read More
Blog Directory > Travel Blogs > Treasure Moving travel Blog >
Treasure Moving Blog
freightwaves.com
Tags:
ultra low sulfur
pilots
yellow drivers speak
logistics sees rent
pilot
box demand
ltl industry
rate
red kap
remain historically weak
Serving the global freight industry with the fastest and most comprehensive news insights and market data on the planet.
2023-07-24 22:24
The increase posted Monday in the benchmark diesel price used for most fuel surcharges could be seen as historic.
By one measure, it isn’t a big deal. The 9.9-cent increase in the… Read More
2023-07-24 21:56
Last-mile logistics real estate operator Link Logistics said Monday fundamentals continued to stay strong across its portfolio during the second quarter.
The company signed 418 leases in… Read More
2023-07-24 19:55
Shipping lines finally seem to be making some headway in managing vessel capacity in the Asia-U.S. trades.
Spot rates have been on the rise for three straight weeks, rebounding to levels… Read More
2023-07-24 18:09
On today’s episode of WHAT THE TRUCK?!? Dooner is talking to Jay and Dwayne, a pair of Yellow drivers about what’s going down at the company. At the 11th hour on Sunday, t… Read More
2023-07-24 17:26
Equity analysts weighed in on Yellow Corp.’s latest reprieve Monday morning just hours after a planned strike, which would have closed the company for good, was called off.
The… Read More
2023-07-24 17:21
A Nikola battery-electric truck severely damaged in a fire at the company’s Phoenix headquarters last month reignited, raising questions about the safety of battery packs in Nikola tr… Read More
2023-07-24 17:10
(UPDATED 3:15 p.m. ET with details behind no vote)
Pilots at FedEx Express have rejected a tentative agreement to amend their contract, which would have increased pay by up to 30% over t… Read More
2023-07-24 17:00
In the transportation industry, it is common to read about the impact that extreme weather has on the freight market as a whole — from miles of truckers backed up due to heavy ice to… Read More
2023-07-24 16:48
The Federal Railroad Administration is seeking public input on its plan to ask the Class I railroads to submit monthly data on the lengths and weights of trains.
FRA says the addit… Read More
2023-07-24 15:06
Learn more at SONAR.FreightWaves.com
The post Weekly NTI Update: July 24, 2023 appeared first on FreightWaves Read More
2023-07-24 12:00
To view more FreightWaves infographics, click here
The post Daily Infographic: DHL investing $560M to expand supply chains in Mexico, South America appeared first on FreightWaves Read More
2023-07-24 11:00
Megawatt charging depots so far are behind-the-fence operations exclusive to the fleets that operate them. Truck-as-a-Service (TaaS) startup WattEV changes that when it opens its first char… Read More
2023-07-23 21:56
Teamsters at less-than-truckload carrier Yellow Corp. will not be on strike Monday as previously planned. Central States Funds agreed Sunday to extend health care benefits for employees at… Read More
2023-07-23 11:00
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico, Port Laredo remain on top for US trade; WeFreight ex… Read More
2023-07-23 00:30
Chart of the Week: National Truckload Index Linehaul Only, Outbound Tender Volume Index – USA SONAR: LCWT1.USA, VCRPM1.USA
Less-than-truckload rates reversed cour… Read More
2023-07-22 21:11
Teamsters President Sean O’ Brien lashed out Saturday at critics who say the union’s hard line in contract negotiations with UPS Inc. will push the economy into a recession, say… Read More
2023-07-22 18:44
Lease signings for big-box facilities–those greater than 1 million square feet — fell 36% in the second quarter over the 2022 period, according to data from real estate services… Read More
2023-07-21 21:50
Throughout history, trade routes have played a vital role in shaping the world’s economic and cultural landscape. Today, numerous routes exist throughout the world, keeping societies… Read More
2023-07-21 21:24
Container lines won’t release final results for the second quarter until next month, but early disclosures suggest they have stemmed the bleeding, at least temporarily.
Hawaii-base… Read More
2023-07-21 21:17
The U.S. District Court for the District of Kansas ruled Friday against less-than-truckload carrier Yellow Corp.’s request for an injunction, which would have kept its Teamsters emplo… Read More
2023-07-21 21:16
Time is running short for a handshake agreement to avert a nationwide Teamsters union strike against UPS Inc. threatened for Aug. 1. Talks broke off July 5 and will resume next week. Shi… Read More
2023-07-21 20:35
On today’s episode of WHAT THE TRUCK?!? Dooner is talking to a panel of industry experts about the fallout from Yellow’s court case in Kansas City. A court in Kansas City… Read More
2023-07-21 20:21
WASHINGTON — A proposed regulation requiring that new truck trailers come equipped with side guards to prevent deadly crashes is taking more heat from safety groups and the trucking i… Read More
2023-07-21 19:21
Last week, we warned that the “peak” of peak season had already arrived for U.S. containerized import volumes and that demand was likely to decline from here to reach a “n… Read More
2023-07-21 18:26
On today’s episode of WHAT THE TRUCK?!? Dooner is talking to Cowan Logistics’ Ben Tschirgi about preparing for the worst with Yellow and UPS. Don’t get caught flatfo… Read More
2023-07-21 18:00
Hello, and welcome to the coolest community in freight! Here you’ll find the latest information on warehouse news, tech developments and all things reefer madness-related. I’… Read More
2023-07-16 11:00
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: $18B LNG export terminal project moves forward at Texas seap… Read More
2023-07-16 00:30
Chart of the Week: Outbound Tender Volume Index – Los Angeles and Ontario, Outbound Tender Reject Index – Los Angeles SONAR: OTVI.LAX, OTVI.ONT, OTRI.LAX
Truckload… Read More
2023-07-14 22:19
The U.S. House of Representatives approved a defense spending bill on Friday that included a provision limiting China’s ability to monitor the flow of ocean containers into and out of… Read More
2023-07-14 21:24
The price of Russian Urals crude, exported from ports in the Black Sea and Baltic Sea, is now at or above the $60-per-barrel price cap set by the Group of Seven nations and the European Uni… Read More
2023-07-14 20:12
For some Americans, the International Longshore and Warehouse Union ports strike in Canada never made it on their radar. But while Canada will feel the impact far more than the United State… Read More
2023-07-14 18:24
Germany-based automotive supplier Robert Bosch expects to post $5.3 billion in sales by the end of the decade from hydrogen fuel cells, hydrogen internal combustion engines and electrolyzer… Read More
2023-07-14 18:20
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here.
Unique ways of shipping have popped up throughout history… Read More
2023-07-14 17:35
On today’s episode of WHAT THE TRUCK?!?, Dooner is coming to you live from the 44th annual Walcott Truckers Jamboree where TrueTMS George Thellman is on scene. He’s there… Read More
2023-07-14 16:48
UPS Inc. said Friday it has begun “business continuity” training to prepare nonunion employees to handle packages in the event a Teamsters union strike disrupts operations.
… Read More
2023-07-14 16:17
The U.S. Department of Labor (DOL) said this week it is still seeking nearly 1,400 Arizona drivers who are owed up to $5.6 million after a victory in a misclassification case that was settl… Read More
2023-07-14 15:30
This week’s FreightWaves Supply Chain Pricing Power Index: 30 (Shippers)
Last week’s FreightWaves Supply Chain Pricing Power Index: 25 (Shippers)
Three-month FreightWaves… Read More
2023-07-14 15:11
Any rail safety bill before Congress should be “rooted in data and pass the muster of cost-benefit analysis,” and should address specific problems, according to a letter signed… Read More
2023-07-14 15:00
Daimler Truck gathered analysts in Boston this week for a series of business updates often punctuated by the words “in sunny conditions.” The description was less of a hedge on… Read More
2023-07-14 12:30
There are a lot of moving pieces in the logistics industry. It can be difficult for leaders and decision-makers to keep their eyes on every aspect of the business, especially when there is… Read More
2023-07-14 12:00
To view more FreightWaves infographics, click here
The post Daily Infographic: Biofuels are displacing petroleum-based distillate fuel oil consumption on the West Coast appeared fi… Read More
2023-07-14 11:30
ASL Aviation Holdings, a Dublin-based contract air transport provider for Amazon and other companies, has let go 28 pilots after the online retailer scaled back the number of flights it ope… Read More
2023-07-14 11:00
Larry Stewart is a unionized truck driver — just like his father and grandfather before him. He knew, when he became a truck driver 36 years ago, that it wouldn’t be an easy way… Read More
2023-07-13 21:44
The nation’s industrial real estate market is cooling off in the face of slowing demand and higher borrowing costs, but the market remains fundamentally healthy, according to the seco… Read More
2023-07-13 20:31
After being shuttered for 13 days, the key container shipping ports of Vancouver and Prince Rupert in British Columbia, Canada, will open “as soon as possible” after a new labor… Read More
2023-07-13 20:04
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here.
Kate Shelley, a girl from Iowa, played a crucial role in a… Read More
2023-07-13 19:35
The July oil report from the International Energy Agency (IEA) perfectly captures a market where there are strong arguments on both sides of the divide over whether oil prices are poised to… Read More
2023-07-13 19:29
It’s not often that companies in the same industry provide differing views of why demand might be strong or weak at a particular time, or for that matter express confusion about what… Read More
2023-07-13 19:00
FMCSA truck leasing panel drafts recommendations
(Photo: Jim Allen/FreightWaves)
The first meeting of the Federal Motor Carrier Safety Administration’s Truck Leasing Task Force (… Read More
2023-07-13 17:57
TForce Freight Inc., an operating less-than-truckload company of TFI International Inc. (NYSE and TSX: TFII) and formerly known as UPS Freight, said Thursday it has reached a tentative five… Read More
2023-07-13 17:48
Jeremy Reymer, CEO and founder of DriverReach, is joined on this episode of Taking The Hire Road by an industry friend, Hayden Cardiff, chief innovation officer and founder of Idelic… Read More
2023-07-13 17:20
Delta Air Lines delivered sharply lower cargo revenue in the second quarter, reflecting the prolonged downturn in shipping demand that has engulfed all air logistics providers, even as over… Read More
2023-07-13 15:46
Uber Freight has implemented layoffs in its legacy digital brokerage operations in the second round of cuts this year.
A spokesman for Uber Freight (NYSE: UBER) on Thursday confirm… Read More
2023-07-13 15:44
While intermodal shipments to the Canadian ports of Vancouver and Prince Rupert have stalled since the start of a strike on July 1, coal and grain movements have increased significantly ami… Read More
2023-07-13 12:00
To view more FreightWaves infographics, click here
The post Daily Infographic: Survey: Cutting emissions a top 2024 priority in transportation sector appeared first on FreightWaves… Read More
2023-07-13 11:00
With tasks such as picking, sorting, loading and unloading packages being automated more and more with the help of intelligent robots, the future of warehouse logistics could bring a lot mo… Read More
2023-07-12 21:52
Jennifer Rumsey, who became CEO of engine maker and technology provider Cummins Inc. a year ago, also will chair the company following the retirement of her mentor and vocal fan, Tom Lineba… Read More
2023-07-12 20:35
Ryder System Inc. on Wednesday officially rolled out a retail mobile maintenance service through which technicians will provide routine, scheduled and federally mandated vehicle maintenance… Read More
2023-07-12 20:19
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here.
Every week, FreightWaves explores the archives of American… Read More
2023-07-12 20:10
In a freight market where the seemingly permanent prevailing question is, “Are we at the bottom, and if not, when is the bottom?,” Cass Freight Index data continued to report we… Read More
2023-07-12 20:06
The Digital LTL Council, a division of the National Motor Freight Traffic Association Inc. (NMFTA), said Wednesday that it is developing an end-to-end application programming interface road… Read More
2023-07-12 19:55
It is scorching out there. High-temperature records are being broken daily. Oceans off some shores are as hot as bathwater. What is to blame? The list of culprits and possible culprits incl… Read More
2023-07-12 18:49
Houston-based SMG Industries Inc. (SMGI) has acquired the Barnhart Transportation group, a 20-year-old trucking company and logistics brokerage with 167 drivers and 170 trucks.
Officials… Read More
2023-07-12 18:00
On today’s episode of WHAT THE TRUCK?!? Dooner is talking to FreightWaves’ Rachel Premack about Yellow’s last stand, the cost of a UPS strike and the Las Vegas Spher… Read More
2023-07-12 17:46
Safety, costs, and customers. When fleets can balance all three, they unlock opportunities to grow and profit. Today’s fleet operators and managers are achieving this perfect balance… Read More
2023-07-12 16:28
The Surface Transportation Board said it will look into why Amtrak’s Sunset Limited passenger train service is prone to delays.
The investigation was triggered because Amtrak train… Read More
2023-07-12 15:36
The Shipper of Choice award, presented by FreightWaves in partnership with TriumphPay, recognizes the manufacturers, distributors and retailers that do the best job of keeping the Americ… Read More
2023-07-12 14:53
In recent years, fleets and drivers have been challenged with increasingly difficult obstacles, including but not limited to: driver shortages; out-of-control verdicts; rising crash rates;… Read More
2023-07-12 14:00
China has long been considered “the world’s factory,” offering Western manufacturers inexpensive, skilled labor and robust supply chain infrastructure. Pandemic-fueled p… Read More
2023-07-12 12:00
To view more FreightWaves infographics, click here
The post The vast majority of Class I train derailments happen in rail yards appeared first on FreightWaves Read More
2023-07-12 11:00
Decarbonizing shipping is like herding cats, and that herd, otherwise known as the International Maritime Organization (IMO), unveiled major new global emission-reduction targets Friday… Read More
2023-07-11 23:00
Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort… Read More
2023-07-11 22:36
WASHINGTON — A new panel set up to advise federal regulators is looking into limiting — or eliminating — the ability of a trucking company to wield financial power over a… Read More
2023-07-11 19:21
The Cargo Airline Association, which represents ABX Air, Atlas Air, FedEx and UPS in the halls of government, has named Lauren Beyer, the vice president of security and facilitation at Airl… Read More
2023-07-11 18:00
Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EDT. Catch up on previ… Read More
2023-07-11 17:25
Cargo-focused Rickenbacker International Airport is diversifying its business with the opening of the first cold storage facility in Ohio dedicated to pharmaceuticals shipped by air tran… Read More
2023-07-11 17:00
E2open, a provider of supply chain software with disastrous fourth-quarter fiscal year 2023 earnings that sent the company’s stock plunging, began to turn things around in the quarter… Read More
2023-07-11 16:59
The Canadian west coast ports strike is creating a trade situation we have not seen since COVID.
The ITS Logistics Port/Rail Ramp Freight Index shows nothing but a sea of red, and the fu… Read More
2023-07-11 16:38
Real-time visibility provider Tive announced Tuesday it has completed upgrading its solutions to enable full end-to-end shipment transparency.
Tive’s trackers and the data de… Read More
2023-07-11 14:50
Redwood Logistics said Tuesday that it has acquired Rockfarm Supply Chain Solutions and Global Distribution and Logistics, a move that Redwood’s CEO said will enhance the company&r… Read More
2023-07-11 14:35
Learn more at SONAR.FreightWaves.com
The post Weekly Fuel Report: July 11, 2023 appeared first on FreightWaves Read More
2023-07-11 14:23
The weak freight market has taken its toll on FreightTech valuations.
FreightWaves late Monday obtained a release showing digital freight marketplace Transfix is looking to raise a $5… Read More
2023-07-11 12:41
BOSTON — Daimler Truck is promising more shareholder value and forecast revenue growth of 40%-60% in the second half of the decade as it transitions from diesel trucks to zero-emissio… Read More
2023-07-11 12:23
TuSimple Holdings has won a delay until Sept. 30 to file delinquent financial reports with the Nasdaq, which is threatening to delist the autonomous trucking software maker from the exchang… Read More
2023-07-11 12:00
To view more FreightWaves infographics, click here
The post For the past six months average nationwide monthly gasoline prices have been below $4 per gallon appeared first on Freig… Read More
2023-07-11 00:37
UPS Inc. should be prepared to lose as much as 30% of diverted volume should the Teamsters strike the company by the end of the month and a work stoppage last for a decent duration, a leadi… Read More
2023-07-10 21:54
The diesel price used as the basis for most fuel surcharges reversed course this week, rising 3.9 cents a gallon for the first increase in three weeks and just the third in the past 23 week… Read More
2023-07-10 17:45
Where is the U.S. recession economists and pundits have been predicting for the past year? There’s no evidence of a recession yet in containerized imports, which continue to track… Read More
2023-07-10 17:40
On today’s episode of WHAT THE TRUCK?!? Dooner is talking about a surge of ocean imports to U.S. ports. Is it here to last or is the peak of peak season already here?
With a… Read More
2023-07-10 17:27
Union Pacific has reached a sick leave agreement with the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART-TD), the union group that represents train… Read More
2023-07-10 15:24
Yellow Corp. bought more time as it fights for survival with a deal that waives certain covenants under its credit agreements.
The agreement was effective retroactive to June 30 and file… Read More
2023-07-10 14:55
Learn more at SONAR.FreightWaves.com
The post Weekly NTI Update: July 10, 2023 appeared first on FreightWaves Read More
2023-07-10 14:13
The largest independent cargo handler at Hong Kong International Airport is taking security measures to the next level with robots that patrol its facilities and sniffer dogs trained to det… Read More
2023-07-10 13:05
Know of a company that’s making waves in the freight industry with its innovative strategies or disruptive approach? Now is the perfect time to give them the recognition they deser… Read More
2023-07-10 12:00
To view more FreightWaves infographics, click here
The post Daily Infographic: 10 ways to prepare your car for hot weather & summer travel appeared first on FreightWaves Read More
2023-07-09 11:00
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: New Mexico lands first major auto parts manufacturing plant;… Read More
2023-07-09 00:30
Chart of the Week: National Truckload Index Linehaul Only, Outbound Tender Volume Index – USA SONAR: NTIL.USA, OTVI.USA
Truckload spot rates excluding estimated f… Read More
2023-07-08 12:01
For the past few months, we have been warning that U.S. containerized import volumes were not only likely to experience a weak peak season but were also positioned to reach a “new&rdq&helli…Read More
2023-07-07 21:44
Canada’s two largest Pacific ports — Vancouver and Prince Rupert — remained at a standstill Friday as a strike by the port workers’ union hit the one-week mark. Ship… Read More
Subscribe to Treasure Moving
Get updates delivered right to your inbox!