Supply Chain, Logistics, and Trucking News & Data - FreightWaves
Oct 28, 2024 · Rebuilding the gateway to America: West Coast ports blaze path to sustainability. 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
4 days ago · Logistics powerhouse Kuehne+Nagel is an early adopter of Amazon Air’s freight transportation service, which it is using to move e-commerce shipments from China to the U.S. Read More ». Stuart Chirls Wednesday, October 30, 2024.
Leading Trucking News - Award Winning - FreightWaves
Borderlands Mexico: Truck driver salaries in Mexico averaging $423 a month in 2024. This week in Borderlands: Truck driver salaries in Mexico averaging $423 a month in 2024; Horizon Auto Logistics opens office in Veracruz, Mexico; LG Electronics opens $60M plant in Central Mexico; and Texas bridge project receives $80 million in federal funding ...
Railroad Freight Industry News | FreightWaves
5 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 ...
American Shipper - News Provider in Global Trade - FreightWaves
Saia comfortable with near-term noise amid terminal expansion. The voice of shippers worldwide for over 45 years. American Shipper analyzes and monitors global supply-chain, intermodal, container, and aircargo trends.
Container shipping has greatest quarter ever — with more to come
Jan 31, 2022 · Trans-Pacific liftings fell 25% in Q4 2021 versus Q4 2020. However, revenue per TEU surged 142% globally to $2,625 per TEU, and by 136% in the trans-Pacific to $3,668 per TEU. For the full year, OOCL reported revenues of $15.68 billion, up 110% from 2020, with liftings up 1.7% to 7.59 million TEUs and revenue per TEU up 107% to $2,067.
By the numbers: Shipping’s unparalleled year in 10 charts
Dec 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.
Container shipping outlook 2024: Rising risk of delays, disruptions
Dec 7, 2023 · The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for 2024. Two key container shipping “chokepoints” — the Panama Canal and the Bab-el-Mandeb Strait in the Red Sea — are simultaneously under threat. Container-line financials are under severe pressure, forcing ever more ...
Two charts explain why we’re in a freight recession
Nov 13, 2023 · The root cause of the current freight recession has been the imbalance of supply and demand. Let’s break down demand first: According to SONAR’s Outbound Tender Volume Index, or OTVI, freight volumes are currently up 16% over 2019 levels. Volumes are at some of the highest levels of the year to date. SONAR: Outbound Tender Volume Index.
Logistics News - Award Winning - FreightWaves
GXO Logistics posts record quarterly revenue of $3.16B. GXO achieved 28% revenue growth in the third quarter to a quarterly record of $3.16 billion, boosted by new e-commerce customers. Read More ». Todd Maiden Monday, November 4, 2024.