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The post Freightwaves Infographics: Cargo thefts spiked 68% in Q4 appeared first on FreightWaves.
Welcome to the WHAT THE TRUCK?!? Newsletter brought to you by Dynamic Logistix. In this issue, XPO and Saia stock skyrocket; Super Bowl logistics; train vs. truck; and more. We are so back X Forget bitcoin; how about XPO’s performance? — Some transportation stocks are surging and XPO is leading the charge. The LTL juggernaut’s…
Supply chain software provider Descartes again reported record quarterly results, noting it is “picking up a bunch of business from competitors.” Descartes (NASDAQ: DSGX) reported consolidated revenue of $148.2 million, a 19% year-over-year (y/y) increase, for its 2024 fiscal fourth quarter ended Jan. 31. Services revenue was up 20% to $135.7 million. The period benefitted…
Limited research on the effect of legalizing marijuana throughout the U.S. on truck driver safety is too limited to make a hard connection between the two, according to a new study. Impacts of Marijuana Legalization on the Trucking Industry, released on Monday by the American Transportation Research Institute (ATRI), points out that research available so…
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…
This week’s FreightWaves Supply Chain Pricing Power Index: 30 (Shippers) Last week’s FreightWaves Supply Chain Pricing Power Index: 30 (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…
Last month, Teamsters claimed Yellow (NASDAQ: YELL), one of the largest trucking companies in the United States, told the union that Yellow would be out of cash by August. To avoid demise, Yellow’s executive team said Teamsters, which represents some 22,000 Yellow employees, must permit operational changes the union previously approved. Teamsters General President Sean…