Logistics

It's a black swan on top of a black swan. First, the coronavirus outbreak, and now, the collapse of the production-cut agreement of OPEC+ — the coalition of OPEC and other countries including Russia — after a dispute on how to handle coronavirus-induced demand destruction. With Saudi Arabia...

The focus this week in the large freight markets is on wet weather, with no high-impact snowstorms on the horizon. The Set Up A low pressure system near the center of the country will produce mainly rain today and tonight from portions of the Plains to the Great Lakes. Some rain will spread to...

Good day, Canada's Titanium Transportation Group (TSX-V: TTR) has opened its second U.S. office as it continues to build its presence in this country. The Bolton, Ontario, company opened a Charlotte, North Carolina, office in March 2019, and has now opened its second in Nashville, Tennessee. "...

Oil markets are plummeting as the business week opens, and it's instructive to look at past Saudi-led price wars to see where prices may be heading.  After the collapse last week of the talks between OPEC and a non-OPEC group led by Russia, Saudi Arabia let the world know it was planning on...

Image Sourced from Pixabay Construction outlook: Construction outlook:The Federal Reserve announced an emergency 50-basis-point (bps) rate cut last Tuesday, lowering its target Fed Funds range to 1-1.25% from 1.5-1.75%. The Fed cut is a reaction to the rising economic risk posed by the...

U.S. Customs and Border Protection (CBP) officers at Philadelphia airport recently intercepted and removed an express shipment of counterfeit electric toothbrush heads from Turkey before they could end up in the hands of unwitting American consumers. The 1,440 counterfeit Oral-B electric...

Craig Fuller speaks with Brent Hutto about SONAR partnership. Truckstop.com, the largest digital freight marketplace in North America, and FreightWaves, the leading provider of data and analysis to the logistics markets, have partnered to provide spot trucking rate market visibility to SONAR...

Each week, FreightWaves will release a short video highlighting the top moving markets around the country using our proprietary datasets. Included in this weekly update will be a combination of freight volumes, capacity and more to give viewers a deep understanding of which markets to notice....

Climate legislation protests in the Pacific Northwest are shining a spotlight on a new trucking and logging activist group that has put down roots in a region with a long history of conflict between rural timber communities and urban environmentalists. Earlier this week about 400 truck drivers...

With reports that the coronavirus is spreading throughout the U.S., the Brotherhood of Locomotive Engineers and Trainmen (BLET) is pressing the rail industry to take action against a potential outbreak.  Specifically, BLET wants the freight and passenger railroads to alter the sick leave policy as...

National outbound tender volume surged over 6% in the past week. This week's gains are more than double the second-largest weekly increase, which happened to be last week. The outbound tender volume index now sits well above both the 2018 and 2019 comparisons at 10,727.16. This is the first time...

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Oil markets plummeted Friday, and the biggest loser in the collapse is likely to be the U.S. shale sector. From the perspective of truckers, the inevitable slide in diesel prices that is coming is going to be small comfort if you're a trucking company servicing the oil patch. In a week when the U....

The degree of uncertainty within the U.S. container shipping industry is now verging on the surreal. There's the fallout from the Chinese factory shutdown, unknown consumer demand effects from the coronavirus, volatile fuel costs due to the IMO 2020 regulation, high debt levels among carriers, a...

Norfolk Southern (NYSE: NSC) is conducting a pilot program testing what the railroad describes as a "breakthrough in track inspection technology." The Eastern U.S. railroad is deploying an autonomous track geometry measurement system, which Norfolk Southern (NS) says is the first technology of its...