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Last-mile logistics real estate operator Link Logistics said Monday fundamentals continued to stay strong across its portfolio during the second quarter. The company signed 418 leases in the period representing 13.3 million square feet of space. Its portfolio was 96.4% leased on a same-store comparison, which was 160 basis points lower year over year. However,…
Canada’s two largest Pacific ports — Vancouver and Prince Rupert — remained at a standstill Friday as a strike by the port workers’ union hit the one-week mark. Ships are beginning to pile up at anchorages and rail operations serving the U.S. have effectively halted. The British Columbia Maritime Employers Association (BCMEA) claimed Thursday that…
On today’s episode of WHAT THE TRUCK?!? Dooner is talking to FreightWaves’ Rachel Premack about the drama over at Yellow. The carrier has told the Teamsters it will be out of money by August, but the union says it’s not going to bail the company out again. We’ll find out if Yellow can survive and…
During the peak of the supply chain crisis, accusations flew, alleging that shipping lines were somehow colluding to prop up rates and gouge customers. Recent results posted by ocean carriers undermine those claims. They show the container shipping market behaving the same way commodity shipping markets always have: Rates spike when cargo demand exceeds transport…
LAS VEGAS — Tires are the only part of an autonomous truck that touch the road. So it helps when those tires are smart enough to send road information to the driverless vehicle. Middle-mile autonomous trucking leader Gatik has been working with Goodyear Tire & Rubber Co. on tire technology for several years. Now the…
This week’s FreightWaves Supply Chain Pricing Power Index: 25 (Shippers) Last week’s FreightWaves Supply Chain Pricing Power Index: 25 (Shippers) Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 30 (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…