Chart of the Week: Freightos Baltic Daily Index – China to North American west and east coasts, Panama Spread SONAR: FBXD.CNAW, FBXD.CNAE, FBXD.PANA Disproportionate shipping rate increases resulting from the Red Sea attacks further incentivize shippers to bring freight into the U.S. West Coast from Asia, as a pandemic-era pattern of shipping to Eastern ports continues to…
On today’s episode of WHAT THE TRUCK?!? Dooner is talking to gCaptain’s John Konrad V about the escalating conflict in the Red Sea and how it is already impacting freight. FreightWaves market expert Donny Gilbert breaks down the trucking data driving rates. Capacity is leaving the market at an accelerated pace but is it helping…
This week’s FreightWaves Supply Chain Pricing Power Index: 35 (Shippers) Last week’s FreightWaves Supply Chain Pricing Power Index: 35 (Shippers) Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 35 (Shippers) The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for…
WASHINGTON — Stolen electric vehicle charging station equipment and office thefts at the U.S. Postal Service are troubling signs for agency watchdogs as the Postal Service begins moving toward electrifying its delivery fleet. Concern about the thefts and the ability of the Postal Service to protect its assets appears in a new audit report published…
Truck drivers working in teams must be compensated under federal minimum wage laws for time spent in the sleeper cab even if they’re not actually sleeping, according to an appellate court decision from the 1st Circuit recently handed down. The case involves carrier CRST, which lost the lower court case in the U.S. District Court…