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Tag: freight waves

  • The ‘ingenious strategy’ behind most truckers’ least favorite week of the year: International Roadcheck

    The ‘ingenious strategy’ behind most truckers’ least favorite week of the year: International Roadcheck International Roadcheck Week is hardly the sexiest topic in trucking, but it is a darn-tootin’ important one. Inspectors in the U.S. and Canada halt tens of thousands of trucks for vehicle inspections for a few days every summer or early fall.…

  • Why the Northeast is quietly running out of diesel

    Why the Northeast is quietly running out of diesel The East Coast of the U.S. is reporting its lowest seasonal diesel inventory on record. And some trucking companies appear spooked. The East Coast typically stores around 62 million barrels of diesel during the month of May, according to Department of Energy data. But as of…

  • Exclusive: Central Freight Lines to shut down after 96 years

    Exclusive: Central Freight Lines to shut down after 96 years Nearly, 2,100 employees will be laid off right before Christmas. Central Freight Lines is the largest trucking company to close since Celadon ceased operations in 2019. Waco, Texas-based Central Freight Lines has notified drivers, employees and customers that the less-than-truckload carrier plans to wind down…

  • Warehouse cramming is about to begin — Freightonomics

    Warehouse cramming is about to begin — Freightonomics nVision Global, is a leading Global Freight Audit, Supply Chain Management Services company offering enterprise-wide supply chain solutions. With over 4,000 global business “Partners”, nVision Global not only provides prompt, accurate Freight Audit Solutions, but also providing industry-leading Supply Chain Information Management solutions and services necessary to…

  • Seasonality pushing rejections and rates higher ahead of the Fourth

    Seasonality pushing rejections and rates higher ahead of the Fourth This week’s DHL Supply Chain Pricing Power Index: 75 (Carriers) Last week’s DHL Supply Chain Pricing Power Index: 70 (Carriers)  Three-month DHL Supply Chain Pricing Power Index Outlook: 70 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR…

  • LTL rates projected to keep rising y/y in Q2, TL rates to stay ‘at the bottom’

    LTL rates projected to keep rising y/y in Q2, TL rates to stay ‘at the bottom’ Amid soft demand and trade uncertainty, less-than-truckload pricing remained resilient during the first quarter while truckload rates stayed depressed. The trends are expected to continue through the second quarter, a Tuesday report from 3PL AFS Logistics and financial services…

  • Benchmark diesel price up as pump number lags big fall in futures markets

    Benchmark diesel price up as pump number lags big fall in futures markets In its new publication time Tuesday morning, the benchmark diesel price used for most fuel surcharges rose on the back of increases in diesel futures that now seem a distant memory. The Department of Energy/Energy Information Administration price rose 4.7 cents a…

  • Fuchs: Efficient Surface Transportation Board will foster rail competition, growth

    Fuchs: Efficient Surface Transportation Board will foster rail competition, growth DENVER — The chairman-designate of the Surface Transportation Board says he is transforming the regulatory agency into a more efficient body that will help support competition and growth for railroads. “We want to break down barriers to growth, encourage competition and elevate the role of…

  • FMCSA extends trucking company’s sleeper berth exemption

    FMCSA extends trucking company’s sleeper berth exemption WASHINGTON — Federal regulators have extended until 2030 a sleeper berth exemption for a large private fleet owner despite opposition from safety groups. Collegedale, Tennessee-based McKee Foods Transportation (MFT), which has operated under an exemption since 2015, will continue to have added sleeper berth flexibility with the extension…

  • Gallatin AI raises $15M in seed funding to advance military logistics

    Gallatin AI raises $15M in seed funding to advance military logistics Gallatin AI emerged from stealth mode on Tuesday and announced it has secured $15 million in a pre-seed funding round led by venture capital firm 8VC. The Washington-based defense technology startup aims to transform military logistics using AI to improve the speed and effectiveness…

  • Trump threatens additional 50% tariff on imports from China

    Trump threatens additional 50% tariff on imports from China President Donald Trump on Monday said he will impose an additional 50% tariff on goods from China unless the country immediately withdraws its 34% retaliatory tariff on imports from the U.S. China levied matching tariffs against the U.S. on Friday in response to the White House’s…

  • Ocean shipping carbon tax could gouge US consumers, say opponents 

    Ocean shipping carbon tax could gouge US consumers, say opponents  Government representatives are meeting this week to finalize the first-ever global carbon tax on ocean shipping emissions in a move that opponents say could disproportionately hit American consumers. The initiative is being driven by the International Maritime Organization, which regulates global shipping, following a 2023…

  • BNSF’s trade-related intermodal projects move ahead despite tariffs

    BNSF’s trade-related intermodal projects move ahead despite tariffs BNSF Railway is not hitting the pause button on a pair of trade-dependent intermodal projects in California and Arizona despite the broad tariffs that the Trump administration unveiled last Wednesday. BNSF is planning to build a $1.5 billion terminal and transload center in Barstow, California, to handle…

  • Everything you need to know about Trump’s tariffs with logistics legend Matt Silver | WHAT THE TRUCK?!?

    Everything you need to know about Trump’s tariffs with logistics legend Matt Silver | WHAT THE TRUCK?!? On Episode 823 of WHAT THE TRUCK?!?, Dooner is joined by cross-border logistics legend Matt Silver to talk all about the impact of Trump’s tariffs. You’ll learn how they work; what will cost more; short-term and long-term strategy;…

  • CRST Expedited settles claim it pulled job offer over criminal history

    CRST Expedited settles claim it pulled job offer over criminal history Iowa-based carrier CRST Expedited Inc. has agreed to pay $100,000 and take corrective actions to settle claims that it unlawfully rescinded a job offer based on the applicant’s criminal history, according to the California Civil Rights Department. California’s Fair Chance Act requires employers to…