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Central Freight Lines is the largest trucking company to close since Celadon ceased operations in 2019. Waco, Texas-based Central Freight Lines has notified drivers, employees and customers that the less-than-truckload carrier plans to wind down operations on Monday after 96 years, the company’s president told FreightWaves on Saturday.FreightTech Awards. The FreightTech Awards: Top Innovators as Voted by the Industry honor innovation and disruption within the industry. Nominations are narrowed down to the FreightTech 100 which is then voted on by a hand-picked peer group of CEOs, industry leaders and investors actively investing in freight to select the FreightTech 25. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. He also is a trucking industry veteran, …FreightWaves recently launched a new brand, Modern Shipper, that focuses on these aspects of the modern freight movement. Given its importance to the freight industry, bringing the F3: Future of Freight Festival to Chattanooga is a great opportunity to showcase the city and its people, Fuller said.

Sep 25, 2023 · Noi Mahoney. · Monday, September 25, 2023. There were 582 cargo thefts in Canada and the U.S. during the second quarter, according to CargoNet. (Photo: Jim Allen/FreightWaves) Listen to this article. 6 min. Truckload carriers across the U.S. saw a sharp rise in cargo thefts during the second quarter — with thieves targeting everything from ... 4 min. Nikola Corp. is asking dealers and customers to return battery-electric trucks under recall for possible battery fires to its Coolidge, Arizona plant despite the company still working on a fix. “We’re bringing them back to Coolidge for repairs to be made instead of in the field,” spokesman Dan Passe told FreightWaves in an email ...Sep 21, 2023 · Covenant Logistics Group’s Matt McLelland said at FreightWaves’ Net-Zero Carbon Summit on Thursday that his company’s sustainability plan includes fleet initiatives to reduce idle percentage and increase miles per gallon. Read More ». FreightWaves Staff Thursday, September 21, 2023. May 15, 2023 · So far in 2023, FreightWaves has reported on only seven bankruptcies, a little more than one a month. The worst trucking market prior to the current one was in 2019, the “Trucking Bloodbath.”. At one point, FreightWaves reported on 10 trucking bankruptcies in a single week. New England Motor Freight’s (NEMF’s) bankruptcy opened the year ... 3 min. U.S. Postal Service contractor Matheson Flight Extenders (MFE) filed paperwork Thursday stating that it plans to eliminate 305 jobs and close its sorting facility in Chicopee, Massachusetts, by the end of October, bringing to about 1,000 the total job cuts it has announced in recent days. This marks the third Worker Adjustment and ...

Jul 28, 2023 · A Yellow representative said in an emailed statement to FreightWaves after the story was published that customers can contact Yellow’s support line at 800-610-6500 or [email protected]. “Yellow has retained a robust customer service team that is fully capable of handling inquiries and assisting with all support that customers might need ... J.H. Walker Trucking has operated in Houston as an expedited oilfield transportation provider for over 30 years. The carrier utilizes everything from pickup trucks to cargo vans to 48-foot flatbed tractor-trailers to transport goods. Walker said his company operates over 200 trucks, delivering 700 to 800 average loads per day. ….

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Mar 7, 2023 · FreightWaves. It’s all hydrogen: CERAWeek focuses on potential fuel of the future. 7 min. HOUSTON — As the topic of hydrogen came up yet again during one of the larger sessions on the first day of CERAWeek, a panelist quipped that the conference perhaps should be renamed Hydrogen Week. And if the energy transition ever makes it to heavy ... FY 2012-2023. Average per-mile spot rates for trucking fleets have hit $1.54, down 11.6% from 2022 and 34.4% from 2021, according to the FreightWaves National Truckload Index. At the same time, the costs of fuel, replacement parts, insurance and other key inputs have soared.

Nov 16, 2022 · Get the Latest Freight Market News & Trends. Stay informed with timely updates on freight trends that could impact your business. Our freight market updates are brought to you by FreightWaves SONAR , our high-frequency freight market intelligence platform that provides near real-time trucking, railroad, ocean, and air freight transportation ... The latest tweets from @FreightWaves

top 401k funds Nov 28, 2023 · According to the U.S. Department of Transportation Federal Railroad Administration, the U.S. rail freight network covers almost 140,000 route miles and is generally considered the largest, safest, and most cost-efficient freight system in the world. In addition, says the FRA, the almost $80 billion rail freight industry creates more than ... FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. He also is a trucking industry veteran, … high dividend etf monthlyzynex inc FreightWaves is a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain. FreightWaves’ … share based compensation Todd Maiden. · Friday, November 17, 2023. Ancora says Omni has unleashed "an army of aggressive law firms" on it after pushing back on the merger attempt. (Photo: Jim Allen/FreightWaves) Ancora Holdings Group, an activist investor in Forward Air, says Omni Logistics is “seeking to intimidate and threaten” it by “sending legal missives … channel stockstepstone private wealthjackson hole in march May 12, 2021 · Double-brokering scams, fraudulent fuel advances cost the industry over $100 million per year. Joe Howard, a 20-year logistics industry veteran, warns of load-board scammers popping up in Southern California. Photo: Karen Roach/Shutterstock. Part I of a three-part investigation into an alleged double-brokering scheme from Southern California. Supply Chain Events & Logistics Conferences. Join us for the latest insights on emerging issues and trends within the transportation industry. Our FreightWaves TV events and … learn to trade futures free Refrigerated supply chains have helped keep this country supplied with vital grocery items throughout the pandemic of 2020. Because of the dedication of every participant along cold chains, grocery stores have remained stocked and plentiful, helping millions of struggling Americans to stay fed and safe. At the Cold Chain Summit, we’ll examine ...Apr 4, 2023 · The April 2023 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what to expect in the coming weeks. The data contained within the report provides breakdowns of capacity, volumes and rates. Truckload market provides head ... spok holdingsdental plans in north carolinaadvance on social security check Truck drivers consistently rank parking availability as a top concern in annual surveys. When drivers cannot readily find parking, they are forced to park illegally or continue searching, often violating federal hours-of-service (HOS) rules. In fact, 70% of drivers admit to violating HOS rules to find parking and 96% have had to park in areas ...FreightWaves Founder and CEO Craig Fuller writes about the impact of the Russia-Ukraine conflict on the U.S. freight system. Read More » Eric Kulisch Monday, March 7, 2022 Drivers taking up arms for Ukraine worsens European trucker shortage The truck driver shortage in the U.K. and Europe is getting worse with cross-border traffic being ...