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FMCSA shuts door on brokers in rate transparency dispute
WASHINGTON — The Federal Motor Carrier Safety Administration has denied a rulemaking petition by the Transportation Intermediaries Association (TIA) to remove a requirement that freight brokers disclose to carriers transaction records between brokers and shippers. FMCSA’s denial, published Friday, was issued just a day after the agency agreed to initiate a formal rulemaking by two…
History captured in Wright Brothers’ photographs
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. Two brothers from Dayton, Ohio, in the early 20th century made history when they created a flying machine and literally launched modern-day aviation. Wilbur and Orville Wright famously went from bicycle repairmen to the fathers of flight on…
The unique story of an 18th century American naval hero
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago. In this edition, from the December 1975 issue of American Shipper, FreightWaves shares the exciting…
West Coast wipeout: Los Angeles, Long Beach imports still sinking
The losing streak continues for the Port of Los Angeles. It relinquished its long-held title as America’s busiest container gateway last year, surpassed by the Port of New York and New Jersey. It has now fallen to No. 3, eclipsed, at least temporarily, by neighboring Long Beach. Los Angeles had expected its numbers to be…
Heavy gunfire with casualties reported near key US-Mexico trade bridge
A barrage of gunshots has been reported near the Pharr-Reynosa International Bridge, a key border crossing linking Texas and Mexico. The gunfire on Wednesday stemmed from a confrontation between the Mexican army and armed individuals alleged to be smugglers of undocumented immigrants, according to Reforma. The confrontation reportedly happened around 10 a.m. local time near…
Did the freight market just hit the floor?
Chart of the Week: Outbound Tender Volume Index, National Truckload Index – USA SONAR: OTVI.USA, NTI.USA Truckload demand shot up 6% to end April as shipper requests for freight capacity hit their highest levels since the first week of the year. National dry van spot rates (NTI) have flatlined over the past two weeks after plummeting 3.5% to…