Trucking and logistics companies are seeing a massive downturn. FreightWaves has reported on the biggest shutdowns and layoffs since 2022.

There’s no debate that the freight industry is hurting right now, but it’s not because volume is low. We have an oversupply of trucks.

Trucking bloodbath expands to lenders as industry experiences one of the sharpest downturns in history.

Convoy’s story, while tragic for investors and insiders, should prove cautionary for other founders.

Industry could see more freight brokerage closures amid a changing financial climate.

The proliferation of freight brokerages is giving truckers a lifeline.

Dozens of household names are already using this new way to book trucking capacity in a way that reflects the larger market.

Hurricanes can destroy key infrastructure for freight transportation. Emergency freight can demand thousands of truck drivers. 

There’s no perpetual, industry-wide truck driver shortage. The market quickly corrects any shortage of labor.

Tender rejection data in the FreightWaves SONAR data platform shows that the freight market bottomed on May 14. Since then, conditions for carriers have slowly been improving.

Trucking companies are fleeing the market and volumes are starting to rebound. This is good for the freight industry.

Small trucking companies are taking over the industry. Decades of global and domestic policies have made this happen.

UPS’ CEO announced that drivers will be making $170,000 a year in pay and benefits by the end of a five-year employment contract. This is just the beginning for jobs in the physical economy.

A strike is looming at Yellow — and it could finally be the end for the long-troubled trucking company.

Yellow has suffered from financial mediocrity that has led to the inevitable outcome. 

Some bullish commentators have suggested that strong heavy-duty truck sales means a recession isn’t looming. Further context is needed.

Load board fraud hurts the American trucking industry and should be a top priority for everyone in the space.

Trucking rates are now below 2019 levels, but operating costs are much higher. Demand for trucking is set to get even lower this year.

It has been a year since I wrote “Why I believe a freight recession is imminent.”

There are encouraging signs that demand is returning to the U.S. trucking market, based on high-frequency truckload volume data from FreightWaves SONAR.

Hay signos alentadores de que la demanda está volviendo al mercado del transporte por carretera de EE.UU., según los datos de alta frecuencia de volumen de carga de camiones de […]

¿Se adelantó la calma del primer trimestre, en noviembre y diciembre de 2022?   Para los transportadores, el primer trimestre es siempre el período más difícil en el calendario anual de […]

Early freight data and channel checks would suggest the freight market could be stabilizing and clearer skies are ahead. 

Debate on whether we are in a freight recession has been raging since the first quarter of 2022. The conclusion is now obvious: Freight volumes have collapsed this year, dragging down spot rates with them.

It will be years before the Tesla Semi — or any electric vehicle — becomes a trucking industry standard.

El sector del transporte de mercancías se enfrenta a un final de 2022 “muy, muy feo”

FreightWaves founder and CEO Craig Fuller provides insight into 2022’s peak season.

Hurricane relief trucking is filled with chaos and disruptions to normal operations and requires specialists that can handle the massive surges and lack of forward planning.

En una nota del pasado viernes 16 de septiembre, J.P. Morgan nos recordó que ya en junio advirtió de una preocupante caída del volumen de contenedores procedentes de China, basándose […]

FreightWaves founder and CEO Craig Fuller outlines how FreightWaves SONAR pointed to the global freight recession months ago.

El mercado del transporte de mercancías es un péndulo – y cuando se balancea, pueden ser los compradores o vendedores de capacidad los que ahora tienen el poder en las […]

FreightWaves founder and CEO Craig Fuller provides insight into the state of trucking contract rates.

El último desplome del mercado de camiones fue en 2019. El mercado actual podría terminar peor para las flotas de camiones pequeños. El desplome del mercado del transporte de mercancías […]

FreightWaves founder and CEO Craig Fuller assesses the potential for a “great purge” in trucking fleets.

FreightWaves founder and CEO Craig Fuller analyzes the bullwhip effect on the current retail and trucking environments.

FreightWaves founder and CEO Craig Fuller analyzes truckload contract rates and where they may be headed.

FreightWaves founder and CEO Craig Fuller analyzes changes taking place in global supply chains.

La sabiduría convencional en este momento es que la mayor parte del mundo ha superado la pandemia (excepto China); por lo tanto, las cadenas de suministro volverán a la “normalidad”. […]

FreightWaves founder and CEO Craig Fuller lays out the premise of Freedom Trade.

Las tarifas caen a un ritmo sin precedentes

FreightWaves founder and CEO Craig Fuller analyzes the continuing decrease in truckload rates for dry van loads.

La cumbre sobre el futuro de la cadena de suministro de FreightWaves se celebra esta semana en el noroeste de Arkansas, el epicentro de las cadenas de suministro norteamericanas. Si […]

FreightWaves founder and CEO Craig Fuller analyzes the impact of rising diesel costs on the spot market and the trucking industry.

Los precios de la gasolina aumentan casi a diario, apretando las carteras y los bolsillos de casi todos los estadounidenses con vehículo. Sin embargo, por muy mala que sea esta […]

Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.

FreightWaves founder and CEO Craig Fuller writes about the impact of Chinese lockdowns on global supply chains and the U.S. trucking industry.

Lo que ocurre en China no se queda en China. Y para las cadenas de suministro estadounidenses, eso suele ser algo bueno. Las empresas estadounidenses se han vuelto dependientes de […]

FreightWaves Founder and CEO Craig Fuller analyzes the impact of the latest Chinese lockdowns on the supply chains between China and the U.S.

El transporte por carretera es un sector muy cíclico.    ¿Cómo es posible que haya una “escasez de conductores” y un exceso de capacidad al mismo tiempo?   Este es un estribillo […]

FreightWaves Founder and CEO Craig Fuller explains the boom and bust cycle of the trucking industry.

With record inventories building and bottlenecks easing is deflation next?

Lo único sorprendente de la desaceleración del mercado de transporte es la velocidad a la que se está produciendo. El “efecto látigo” de la cadena de suministro es previsible y […]

FreightWaves Founder and CEO Craig Fuller analyzes methods to generate more revenue in a trucking downturn.

Las tarifas spot de los camiones han subido, pero también los gastos de explotación. ¿Qué significa esto para los transportistas?  “La demanda está volviendo a los niveles anteriores a la […]

FreightWaves Founder and CEO Craig Fuller analyzes the current costs of trucking.

FreightWaves Founder and CEO Craig Fuller provides commentary/analysis on the trucking industry’s “driver shortage.”

FreightWaves Founder and CEO Craig Fuller provides further analysis regarding the decline in the freight market.

La semana pasada, publiqué un artículo titulado “Apenas 3 años después del baño de sangre del transporte por carretera de 2019, otro está en camino.” Para cualquiera que haya vivido […]

Tras dos años de estragos inducidos por el COVID en los mercados mundiales de transporte de mercancías, la volatilidad ha empezado a remitir. La visión de FreightWaves sobre el mercado […]

Craig Fuller analyzes the state of the U.S. truckload market.

FreightWaves Founder and CEO Craig Fuller writes about the impact of the Russia-Ukraine conflict on the U.S. freight system

Se reescribirán cadenas de suministro enteras, creando una volatilidad e imprevisibilidad masivas

If the Russia-Ukraine conflict’s international ramifications keep spreading, we face a real possibility of a bifurcating global economy. according to FreightWaves CEO Craig Fuller.

FreightWaves reports very positive financial performance in 4Q 2021.

La actual crisis de la cadena de suministro está causada por una demanda sin precedentes de bienes físicos que fluyen a través de los principales puntos de estrangulamiento, combinada con […]

FreightWaves CEO Craig Fuller provides analysis regarding the Infrastructure Investment and Jobs Act.

FreightWaves CEO Craig Fuller describes the current and future opportunities in supply chain technology.

Un fundador de FreightTech en fase inicial me preguntó recientemente si el repentino interés por la tecnología de la cadena de suministro se frenaría en algún momento. Mi respuesta fue […]

FreightWaves founder and CEO Craig Fuller analyzes inflation in the supply chain.

People use the term “contract rate” in trucking and think that it is binding. It is not. In reality, it just means a prenegotiated rate both parties have the right to reject at the time of the tender.

There has never been more attention paid to freight transportation than what we are experiencing now. And like the Wall Street Bets crowd on Reddit, our industry loves talking about […]

Since we compete, as a policy, we no longer cover anything (good or bad) about DAT. They only get a passing comment if they are involved in an external news item where they are not directly related.

Craig Fuller explains why supply chains are so messed up!

Supply chains work best when they have predictability. One of the biggest risks caused by climate change is how unpredictable everything becomes. Sourcing, infrastructure and transportation will all require more […]

After careful consideration and input from numerous sources, we can’t in good faith host the in-person event knowing the risk this virus poses.

Will Hurricane Ida impact freight contracts? Will carriers move from shippers’ contracted freight to the spot market?

The chaos of the past 18 months will usher in new investments in supply chain technology

FreightWaves CEO Craig Fuller writes about FreightWaves, as well as transportation today and moving forward.

Craig Fuller reasons that if “project44 is the Visa of the industrial world, then having the greatest acceptance and connectivity will be a major differentiating factor.”

Supply chain tech investment is at a record peak, with over $52B invested in 2020 alone, up 2500% since the start of the decade.

Putting on a virtual event is a complex and difficult process. FreightWaves CEO Craig Fuller provides an overview of what went into putting on the recent FreightWaves LIVE @HOME, a three-day virtual event that raised the bar.

The logistics industry is the “always responder,” assisting society in preparations during the onset of a crisis, delivering goods during the crisis, and helping to rebuild and restock after everyone else is gone. Logistics professionals will sacrifice time with family and even put themselves in harm’s way to ensure that people have access to the necessary resources for survival and comfort.

More than 2000 C-level executives were projected to attend FreightWaves LIVE ATL. The event has now been moved to a virtual experience.

FreightWaves SONAR can help those in the freight industry stay current with what is happening in transportation and logistics during the coronavirus pandemic.

The logistics professionals, shippers, warehouse operators, dispatchers, brokers, and most importantly, truck drivers step up and provide an orchestrated effort to ensure the safety and well being of our country.

FreightWaves CEO Craig Fuller writes about FreightWaves third birthday, and the company’s past, present and future.

Private equity funds have a poor track record in buying asset-based trucking operators.

Private equity funds have a poor track record in buying asset-based trucking operators.

This is part of our ongoing weekly feature called the “Online Haul of Fame.”  FreightWaves will feature companies that have had a lasting impact on the trucking industry, past or […]

Burlington Motor Carriers, started as a division of Burlington Northern, the railroad.

Known on northeastern highways for its iconic orange and white trucks, Preston 151 was founded in 1932 in the Chesapeake Bay area of the United States. The company was started […]

Earlier this month, the CEO of XPO (NYSE:XPO), Brad Jacobs, announced that he intended divest operating units of XPO in an effort to maximize shareholder value. One thing was clear, however. Jacobs intended to hold onto the less-than-truckload (LTL) operations of XPO that were formerly known as Con-way. As part of our Online Haul of Fame Series, here is a look back at the history of Con-way.

FreightWaves CEO Craig Fuller writes about methods to lower diesel fuel expenses for large and small trucking companies.

Fuel is the second-largest expense for trucking fleets, after labor. Every penny a fleet saves on fuel goes directly to the bottom line. Predicting where wholesale rack diesel prices will go has always been tricky. SONAR, FreightWaves’ forecasting platform introduces next day wholesale rack ULSD predictive prices.

Jevic Transportation was founded in 1981 in Delano, New Jersey by Karen and Harry Muhlschlegel. The Jevic name was a combination of the names of the three Muhlschlegel children. Founding a trucking company just one year after deregulation was ambitious, but the gamble proved profitable. Jevic enjoyed prosperity throughout the 1980s and the early 1990s.

McLean Trucking is one of the pioneers of the less-than-truckload (LTL) trucking industry. The company’s founder eventually became one of the pioneers of the global logistics and trade industry.

Introducing AskWaves, a place to search for answers in the logistics, transportation and the supply chain industry. With AskWaves, you can ask the FreightWaves team of experts and journalists anything about transportation, logistics, supply chain or freight and they will attempt to answer your question in a future article.

If you had to name one of the most influential companies in trucking history, Consolidated Freightways (CF) would be near the top. While the trucking company, CF is no longer with us, the legacy of CF lives on through the companies it spun off, including Freightliner, CNF (which became part of XPO) and Purolator International.

If you are planning to create a freight brokerage, here is a basic checklist you can use to get started.

The flatbed and oil field service carrier was subject to a class action lawsuit for not paying overtime.

The carrier operated in two markets that have suffered in 2019: flatbed and oil service.