Supply Chain, Logistics, and Trucking News & Data - FreightWaves
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‘No big bang’ for peak season air cargo business - FreightWaves
Nov 25, 2024 · According to Cargo Facts Consulting, maindeck freighter capacity only increased one point from August to September despite strong demand. Freighter deliveries peaked last year at 258 units, but only 150 new and converted freighters are expected this year due to supply chain inefficiencies, slow regulatory certifications for new conversion designs, the Boeing strike and quality problems at a ...
Freightos sees trans-Pacific container rates ease
Dec 11, 2024 · Shipping lines connecting Asia to Europe and the Mediterranean have diverted services away from violent attacks on vessels in the Red Sea, and on longer voyages around the Horn of Africa.. Rates were weaker on the trans-Pacific trades, Levine noted, as shippers there don’t have the same early lead time issues, and pre-holiday demand may only pick up in …
FMCSA proposes new rules on broker transparency
Nov 19, 2024 · FMCSA’s proposal stops short of outright prohibitions as requested, however. “Though the proposed rule is responsive to the petitions in reinforcing the broker transparency requirement, the proposed provisions differ from those requested by OOIDA and SBTC,” the agency stated in a notice published on Tuesday. “The proposed rule would revise the regulatory text to make clear that brokers ...
What will 2025 mean for your regulatory risk? - FreightWaves
Dec 2, 2024 · Carrier reviews, safety ratings and prioritization for audits. Remote audits spiked during the coronavirus pandemic. This change has not been permanent, however, and onsite comprehensive reviews are continuing to increase from COVID lows.
Truck driver shortage: Myth or reality? - FreightWaves
Nov 21, 2024 · Trucking industry experts weighed in during a debate Wednesday at FreightWaves’ F3: Future of Freight Festival on the controversial subject of whether there is a driver shortage or a driver retention problem. The debate, moderated by Timothy Dooner of FreightWaves’ WHAT THE TRUCK?!?, featured Lewie Pugh, executive vice president of the Owner-Operator Independent Drivers Association, and ...
Sources: ILA, USMX to restart contract talks ahead of deadline for ...
Jan 1, 2025 · The resumption of bargaining comes just days after liner operators including Hapag-Lloyd announced container surcharges due to take effect in the event of a strike, and several weeks after President-elect Donald Trump backed the union following a meeting with ILA President Harold Daggett and his son, Executive Vice …
The end of the freight recession and impacts for 2025
Nov 12, 2024 · Shippers who are looking to take advantage of pull-forward freight are left holding the excess stock and hoping consumer sentiment changes. Consumers have shown a mediocre demand over the past couple years, which, according to Albrecht, “leaves companies to assess, do they worry about bringing over too much, and will …
Leading Trucking News - Award Winning - FreightWaves
4 days ago · Import volumes that rose directly after the election showed that Donald Trump would regain the presidency were concentrated especially heavily in California, according to KCH Transportation Director of Pricing Henry Byers in a discussion at FreightWaves’ 2024 Domestic Supply Chain Summit.
Lawmaker: Congress will claw back most EVs in Postal Service …
Dec 11, 2024 · On Tuesday, DeJoy defended the current plan for the higher ratio of EVs. “I did not agree to put EVs into our fleet until we had appropriate cost benefits to the organization,” he told lawmakers, noting that the cost benefit after including over $3 billion in vehicle and battery charging stations provided for by the Inflation Reduction Act “does in …