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Wet Weather Hitting Nation's Two Largest Freight Markets
Tuesday, March 10, 2020 - 1:46pm | 693Read More...Periods of rainfall today and tonight may slow down freight flows just a bit in the nation's two largest markets – Atlanta, Georgia and Ontario, California – as well as Los Angeles, the sixth-largest. The heaviest rainfall that may cause the most delays will be in California. Set Up A cold upper-...
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National Volumes Hit New Highs – FreightWaves NOW
Tuesday, March 10, 2020 - 1:44pm | 64Read More...Zach Strickland talks about national outbound volumes being the highest since June 2018 in the Carrier Update presented by PowerFleet, Donny Gilbert goes deeper into dry van rejection rates, and Andrew Cox talks about maritime import shipments from China to the U.S.
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CSX Says Deployment Of Train Inspection Technology Going Smoothly
Tuesday, March 10, 2020 - 11:49am | 621Read More...Eastern U.S. railroad CSX's (NYSE: CSX) use of a train inspection portal (TIP) to look for defects as a train is going full speed has been a success so far, company representatives said, with the technology developing algorithms to catch potential flaws. CSX has been using the TIP, which has been...
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Weekly Fuel Report: March 10, 2020
Tuesday, March 10, 2020 - 11:14am | 27Read More...Image Sourced from Pixabay
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Redwood Logistics And FreightWaves Partner At Collegiate Supply Chain Data Analytics Competition
Tuesday, March 10, 2020 - 11:11am | 807Read More...Redwood Logistics and FreightWaves are jointly collaborating with the Quinlan School of Business at Loyola University Chicago and Northwestern University's Transportation Center, to conduct the second Annual Supply Chain Data Analytics Competition. To be held in March and April this year, the...
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Home Depot Investing In Stores, Logistics Facilities In Mexico
Tuesday, March 10, 2020 - 9:56am | 362Read More...The Home Depot's (NYSE: HD) Mexican unit will invest $122.8 million in the country over the next year and open four new stores, as well as two new logistics nodes, the company said in a recent release. As part of the plan, the Atlanta-based home improvement retailer will also expand the two...
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Coronavirus Will Alter, Not Destroy, Global Supply Chain — Former UN Ambassador
Tuesday, March 10, 2020 - 9:53am | 789Read More...The spread of COVID-19 will not reduce the critical role of global supply chains but could trigger dramatic changes in how they operate, Nikki Haley, the former U.S. ambassador to the United Nations, said Monday. Speaking at the MODEX logistics and supply chain conference in Atlanta, Haley said...
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Tuesday's Market Minute: Relief Rally Brings Little Relief
Tuesday, March 10, 2020 - 9:33am | 222Read More...The extreme volatility of the past two weeks continued yesterday. Stocks saw their worst day since 2008 with the S&P futures contract sinking more than 7.75%, and other equity indices showing similar sharp declines as traders continue to assess the effects of coronavirus. But news of possible...
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Powerful Storms Could Slam Largest European Ports This Week
Monday, March 9, 2020 - 6:22pm | 620Read More...A series of intense storms could disrupt services at some of the busiest ports in Europe this week. Strong winds and rainfall as well as high surf could delay ships waiting to load or unload. SONAR Critical Events: Monday, March 9, 2020, 4 p.m. EDT; Europe windstorms Two systems are forecast to...
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China Port Operations Returning To Normal
Monday, March 9, 2020 - 6:20pm | 837Read More...Major ocean container lines are reporting their operations in mainland China are returning to normal in most locations. CMA-CGM said Monday that employees in its North China offices, however, would continue to operate "in alternating split groups from home or from office." And employees in Wuhan,...
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Lawmakers Propose $755 Million To Boost Truck Parking
Monday, March 9, 2020 - 5:14pm | 527Read More...Bipartisan legislation introduced Monday would provide $755 million in federal money over the next five years to build new spaces for truck parking or to convert existing weigh stations and rests stops for that purpose. The Truck Parking Safety Improvement Act, introduced by U.S. Representatives...
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USTR Faults China For Continued WTO Obligation Shortfalls
Monday, March 9, 2020 - 5:13pm | 514Read More...The White House's Office of the U.S. Trade Representative (USTR) told congressional lawmakers in its annual assessment that China's compliance with World Trade Organization (WTO) obligations "remains poor." The USTR submits the report to Congress annually as a requirement of the 2000 U.S.-China...
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Oil Price Shock Threatens Rail Traffic – FreightWaves NOW
Monday, March 9, 2020 - 4:05pm | 90Read More...Zach Strickland examines a surge in truckload volumes before diving into the Ontario, CA market in the Carrier Update presented by PowerFleet, Donny Gilbert uses the weighted rejection index to showcase market shifts in the Broker Update, and Mike Baudendistel discusses the impacts of the oil price...
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BlueGrace Logistics Acquires Freight Brokerage Anthym
Monday, March 9, 2020 - 4:02pm | 500Read More...BlueGrace Logistics announced Monday afternoon that it had acquired Anthym Logistics, a freight brokerage with primary offices in Tampa, Florida, and Chicago. Anthym Logistics was formed in the fall of 2019 when Eddie Leshin, a veteran of American Backhaulers and Coyote Logistics, returned to the...
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XPO To Acquire Kuehne + Nagel's UK Contract Logistics Unit
Monday, March 9, 2020 - 4:00pm | 613Read More...Less than two months after announcing plans to divest potentially all of its operating segments, except for its less-than-truckload (LTL) offering, XPO Logistics, Inc. (NYSE: XPO) announced that an acquisition is in the works. In a March 9 press release, the company announced that it has entered...
















