Supply Chain, Logistics, and Trucking News & Data - FreightWaves
WEBMinnesota DOT seeks comments on freight plan. 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.
#1 Logistics, Freight and Transportation News - FreightWaves
WEBFireside Chat: Going green in the cold chain requires numerous KPIs. Jason Massey, CEO of Ndustrial, an AI-powered energy intensity platform for the $60B industrial market, and FreightWaves group lead Brielle Jaekel will discuss the cold chain challenges that are contributing to the industrial market’s high energy usage including ...
Done deal: TFI completes UPS Freight acquisition
WEBApr 30, 2021 · TFI International has completed its $800 million acquisition of UPS Freight (), the Canadian trucking and logistics firm said Friday as it ushered in a new era as one of the largest less-than-truckload carriers in North America.It came three months after TFI and UPS announced the deal in January. It allows UPS to jettison the largely unprofitable LTL and dedicated truckload operation while ...
Leading Trucking News - Award Winning - FreightWaves
WEB3 days ago · Refrigerated carrier A&A Express closes South Dakota facility, cuts 111 jobs. Refrigerated carrier A&A Express announced plans to lay off 111 employees, including 85 truck drivers, and wind down operations by Friday at its Brandon, South Dakota, facility. ... FreightWaves provides award-winning trucking news coverage.
Matson CEO: Trans-Pacific trade to stay stronger for longer
WEBApr 27, 2021 · The bar is now moving further out — to the fourth quarter or beyond. After market close on Tuesday, Matson (NYSE: MATX) CEO Matt Cox said on a conference call with analysts, “We expect demand in the trans-Pacific trade lane to remain favorable, with elevated consumption trends to continue beyond the second quarter.
How many gallons of fuel does a container ship carry?
WEBJan 15, 2020 · Those ships are generally in the 8,000- to 14,000-TEU range. Ships in that size range can carry between 2.5 million and 3.5 million gallons of fuel. The amount of fuel actually be used on a sailing depends primarily on the ship’s speed. Most ship engines have been designed for top speeds ranging between 20 and 25 knots per hour, which is ...
Hundreds of truckers protest AB5 at Southern California’s busiest …
WEBJul 13, 2022 · AB5 Ports of LA/LB. Some California truckers turned off their trucks, blocked terminals or staged slow rolls to snarl traffic around the ports of Los Angeles and Long Beach Wednesday to express frustration over a controversial state law, AB5, that seeks to limit the use of independent contractors and largely classify them as employee drivers.
The Home Depot’s culture of supply chain innovation
WEBFeb 3, 2021 · It’s become increasingly clear that The Home Depot’s supply chain has fostered a culture of innovation that encourages experimentation and collaboration with FreightTech startups, a serious commitment to sustainability and new ways of partnering with carriers. These strategies tend to self-reinforce, as in the case of The Home Depot’s ...
California’s massive container-ship traffic jam is still really jammed
WEBMay 26, 2021 · The daily number of ships stuck in San Pedro Bay is down from an average of 31.8 in January to mid-March to 21.3 from mid-March to May 25. On May 28, there were still 21 ships at anchor in San Pedro Bay. While the number dipped sharply over the Memorial Day weekend to an all-time low of 11 on June 1, inbound arrivals are expected to …
Dry bulk shipping rates have just hit a new 2020 high
WEBOct 5, 2020 · Rates for smaller bulkers — which unlike Capes have high exposure to grain transport — have yet to follow the Capes’ lead. The rates for Panamaxes (60,000-95,000 DWT) are only $12,400 per day, down 17% year-on-year, according to Clarksons. Rates for Supramaxes (45,000-60,000 DWT) are $10,900 per day, down 19% year-on-year.