Supply Chain, Logistics, and Trucking News & Data - FreightWaves
WEBA better way for freight rail. FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our customers to benchmark, analyze, monitor …
#1 Logistics, Freight and Transportation News - FreightWaves
WEBFormer Missouri mayor gets prison time for stealing $300K from drivers. Corey Louis Hendrickson, 46, a former mayor of Willard, Missouri, and fleet dispatcher for Prime Inc., was sentenced to three years in federal prison for a scheme in which he used the names and Social Security numbers of drivers to steal money.
The Home Depot’s culture of supply chain innovation
WEBFeb 3, 2021 · It’s become increasingly clear that The Home Depot’s supply chain has fostered a culture of innovation that encourages experimentation and collaboration with FreightTech startups, a serious commitment to sustainability and new ways of partnering with carriers. These strategies tend to self-reinforce, as in the case of The Home Depot’s ...
Leading Trucking News - Award Winning - FreightWaves
WEB5 days ago · Canada rail lockout ‘horrific’ for supply chain, carrier trade group head says. Trucking industry and logistics leaders said the lockout by Canada’s two largest railroads Thursday could create capacity crunches and rate spikes across the freight industry. Read More ». Thomas Wasson Thursday, August 22, 2024.
Matt Silver launches cross-border brokerage Forager Logistics
WEBJan 3, 2019 · The Silvers are at it again, founding Chicago-based freight brokerages with unique approaches to the market. This morning CEO Matt Silver and President Jordan Salins announced the launch of Forager Logistics, a brand-new, tech-focused shop focusing on cross-border freight into Mexico and Canada. With their investors’ backing, Silver and ...
Technology is changing the way freight brokerages operate
WEBAug 7, 2020 · Frost & Sullivan has predicted that Trucking-as-a-Service (TaaS), which includes digital freight brokerage, will grow from $11.2 billion currently to more than $79.4 billion by 2025. Digital freight brokerage alone will account for $54.2 billion of that, the firm said. That technological growth is important as freight brokerages moved 23% of ...
Why Walmart pays its truck drivers 6 figures - FreightWaves
WEBJan 23, 2024 · The uber-retailer says truck drivers can make up to $110,000 in their first year at the company. That’s twice the nationwide median pay of a truck driver, and certainly above the $17.50 an hour that the average Walmart associate earns. Home time, paid vacation and good health insurance are also guaranteed for Walmart company drivers.
199 transportation and logistics companies make the Inc. 5000 list
WEBAug 17, 2021 · The Chicago-based company debuted on the list at No. 41 overall, experiencing revenue growth of 7,597% between 2017 to 2020. In all, 199 transportation and logistics companies – including software providers related to the freight industry – made the list this year. It was a 14% increase over 2020, when 176 transportation and logistics ...
How big are the world’s largest ocean container ships?
WEBJan 14, 2023 · Twitter/X. LinkedIn. Taiwan-based Evergreen Marine in June launched the largest container ship ever built, the aptly named Ever Alot. The massive ship has a capacity of 24,004 twenty-foot equivalent units, just a little more than its slightly older sibling, the Ever Ace, launched in July 2021 and the …
Amazon cancels, delays wave of planned warehouses - FreightWaves
WEBJul 3, 2022 · After spending billions doubling the size of its fulfillment network during the pandemic, Amazon finds itself in a perilous position.. In the first quarter of 2022, the e-commerce giant reported a $3.8 billion net loss after raking in an $8.1 billion profit in Q1 2021. That includes $6 billion in added costs — the bulk of which can be traced back to that same fulfillment network.
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