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Rockets And Uber: Which Valuation Is Wackier?
Friday, August 14, 2020 - 11:31am | 150Read More...Andrew, Kevin and Seth talk space rockets! How big of a deal was SpaceX's successful Starship Hop last week, and how much closer are we to commercial space travel? Then, we discuss a possible $500 million Uber Freight investment. Also, we question whether it is time for the freight bears to throw...
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The Daily Dash: Border Skirmish, Drone Delivery And Is It Time To Say Goodbye To Diesel?
Friday, August 14, 2020 - 11:23am | 786Read More...The Daily Dash is a quick look at what is happening in the freight ecosystem. In today's edition, the U.S. International Trade Commission has been asked to investigate whether Mexico-based cross-border trucking operations are hurting U.S. long-haul truckers. Plus, Workhorse Group continues to...
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Amazon Posts Self-Delivery Record In July, Consultancy Says
Friday, August 14, 2020 - 11:21am | 443Read More...Amazon.com Inc. (NASDAQ: AMZN) self-delivered two-thirds of its U.S. parcels in July, nearly 12 full percentage points ahead of 2019 levels and an all-time monthly record for the e-tailing, shipping and logistics giant, according to data from consultancy ShipMatrix. Amazon also surged past former...
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Startup Democratizes Freight Broker Financing
Friday, August 14, 2020 - 11:11am | 785Read More...Axle Payments secures $27.7 million in debt and equity financing to help brokers manage cash flow Cash flow problems are a perennial challenge in the trucking industry. The reasons are varied, but topping the list is that shippers often wait for one to two months after a load has been delivered...
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Spot Rates On Pace To Break 2018 Records, How Long Will They Stay There?
Friday, August 14, 2020 - 11:06am | 2259Read More...This week's DHL Supply Chain Pricing Power Index: 80 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 80 (Carriers) Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers) The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves...
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Drug Database Reveals High Rate Of Ineligible Drivers
Friday, August 14, 2020 - 11:04am | 792Read More...An overwhelming number of drivers with drug and alcohol violations have failed to complete the federal return-to-duty process, a trend that could have trucking capacity implications down the road. Statistics released this week by the Federal Motor Carrier Safety Administration (FMCSA) reveal that...
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US Class I Railroads Closer To Fully Implementing Positive Train Control
Friday, August 14, 2020 - 11:01am | 822Read More...The U.S. operations of the Class I railroads are closer to reaching full compliance with the federal mandate to implement positive train control (PTC) by the end of December, according to data from the Federal Railroad Administration (FRA). FRA's data tracks how far along freight and passenger...
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Canadian Government Won't Play Peacemaker To End Port Strike
Tuesday, August 11, 2020 - 5:02pm | 861Read More...Canadian officials expect the Port of Montreal longshore workers' union and the employment association to resolve their differences without government intervention. Longshore members of the Canadian Union of Public Employees (CUPE) Local 375 began an indefinite strike Monday after the latest talks...
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Amazon To Build Massive DC At Old Michigan State Fair Site
Tuesday, August 11, 2020 - 4:59pm | 310Read More...Amazon.com Inc. (NASDAQ: AMZN) will spend $400 million to build a 3.8 million-square-foot distribution center on 70 acres of the former Michigan State Fairgrounds in Detroit, city officials said Tuesday. The facility, set to open in mid-2022, will bring at least 1,200 jobs to Detroit, Mayor Mike...
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What Drives Profitability In Final mile? – Midday Market Update
Tuesday, August 11, 2020 - 4:52pm | 187Read More...= On today's Midday Market Update, Michael Vincent and Kevin Hill talk about the SONAR-powered data, issues and news that move you. They're joined by Frank Adelman, President and CEO, Transflo; Andrew Lockwood, Senior Manager, Solutions Design, Suddath Global Logistics and FreightWaves market...
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LATAM Kicks Off Miami-Brazil Cargo Flight
Tuesday, August 11, 2020 - 1:55pm | 390Read More...LATAM Cargo, South America's largest freighter operator, has started a weekly flight between Miami and the Florianopolis airport in southern Brazil. The airline said it has the only all-cargo flight tying North America with consumers in Santa Catarina that seek automotive parts, metals, food,...
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Rejection Rates Fall For Fourth Day In A Row – FreightWaves NOW
Tuesday, August 11, 2020 - 1:53pm | 105Read More...In the Carrier Update presented by PowerFleet, Zach Strickland notices a trend in the tender rejection rates, and in the Shipper Update, Andrew Cox talks with Anthony Smith about motor vehicle sales. Photo by Nick Fewings on Unsplash
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Cathay Pacific Renews Emphasis On Cargo With Leadership Changes
Tuesday, August 11, 2020 - 1:15pm | 585Read More...Cathay Pacific, the fifth largest cargo airline in the world in terms of shipment volume, is reshuffling its cargo team as it looks to capture more business during a period of anemic passenger travel because of the coronavirus pandemic. The Hong Kong airline is running its freighter fleet full...
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Delivering Envelopes To Refrigerators, All In A Few Hours
Tuesday, August 11, 2020 - 12:39pm | 818Read More...Since the rise of e-commerce, the last-mile delivery segment has evolved to become a distinguishing factor helping companies gain a strong foothold in the market. Though the pandemic has expectedly created chaos within last-mile delivery networks, they have largely refashioned to include social...
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The Daily Dash: Trucking's Payroll Tax Problem, Nikola's Surprise Order And Trucker Sentenced
Tuesday, August 11, 2020 - 11:43am | 803Read More...The Daily Dash is a quick look at what is happening in the freight ecosystem. In today's edition, trucking ponders its next move following President Donald Trump's payroll tax deferment order. Plus, Nikola receives a huge order from an unexpected source; Cummins and Navistar ink a new deal; and a...
















