The intra-Asia container freight market strengthened for a third consecutive week as unrest in the Middle East and typhoon-related disruption across China tightened capacity and pushed rates higher on most major trades. Drewry’s Intra-Asia Container Index (IACI), a benchmark widely monitored by procurement teams, rose 6% week on week on 20 August, to $1,091 per 40ft, and the consultant expects prices to continue increasing in the coming weeks, supported by persistent ... The post War and weather continue to limit intra-Asia capacity and keep rates high appeared first on The Loadstar .
Quick recap: the freight-rate spike that produced two very different report cards at Maersk and Hapag-Lloyd is increasingly a story about who controls terminal and inland capacity, not who owns the most vessels – and nobody is making that case more directly right now than AD Ports. ZIM’s next move, meanwhile, has less to do with freight rates than with a decision sitting with Israeli regulators. My previous analysis already worked ... The post AD Ports the clear read-through as bottlenecks shift from ship to dock appeared first on The Loadstar .
Global container port congestion has climbed beyond the levels recorded during the Covid era, removing more than 4.3m teu of capacity from circulation and helping keep freight and charter rates elevated. Data from Linerlytica shows 4.3m teu is now waiting to berth at container ports worldwide, surpassing the previous absolute peak of 4m teu recorded …
Aerospace shipments are facing a growing capacity squeeze, and the bottleneck is no longer just in the air. Marcelo Riso, VP and global product manager aerospace at Kuehne+Nagel, said the internationalisation of aircraft maintenance was making transportation increasingly critical. He told The Loadstar: “Even routine shipments are now carrying service expectations above standard airfreight levels, because the cost of transport is relatively small compared with the consequences of a parts shortage or ... The post Aerospace shipments face growing supply chain capacity crunch appeared first on The
In what might be the last publication of a revealing look at the credit conditions in the trucking industry, the quarterly earnings of bank BMO released Tuesday showed the stronger freight market impacting its numbers. BMO, the former Bank of Montreal and one of the largest lenders to the trucking industry, has announced its plans to sell its transportation unit to private equity firm Stonepeak in May. The deal is expected to close before the end of the year; the next earnings release for BMO is scheduled for December 2. While net writeoffs in the third quarter ended July 31 were barely change
A bold proposal to reduce the number of major freight railroads could open the door for a dramatic expansion of rail passenger service in fast-growing Atlanta. Proponents see the merger of Union Pacific (NYSE: UNP ) and Norfolk Southern (NYSE: NSC ) to create the first transcontinental railroad as a once-in-a-generation opportunity to leverage local support and transform the Atlanta metroplex passenger rail network. A shift of thousands of commuters from road to rail would likely also improve fluidity for trucking logistics in the city, a crossroads of industry in the Deep South. The rail merg
Freight broker RXO said Tuesday that its truckload spot rate index recorded its biggest sequential gain in five years during the second quarter. The dataset, which tracks linehaul rates excluding fuel surcharges, has continued to step higher in the third quarter. “The index has not experienced this level of rate inflation since pandemic-era surges, with the second quarter hitting both the highest year-over-year reading and largest sequential increase since the second quarter of 2021,” the report said. RXO’s ( NYSE: RXO ) Curve Report showed second-quarter spot rates were up 32.4% y/y, an accel
Why it matters: With trucks carrying more than half the value of U.S.-Canada freight, escalating tariffs threaten to disrupt cross-border volumes, manufacturing supply chains and carrier demand along major gateways such as Detroit, Port Huron and Buffalo. Canada announced retaliatory tariffs of up to 50% on billions of dollars of U.S. goods Tuesday, escalating a trade dispute between the two countries after negotiations collapsed over the weekend. Canadian Finance Minister François-Philippe Champagne said Ottawa will impose “dollar-for-dollar” counter-tariffs on about $27.6 billion worth of U.
Gatik announced Tuesday it raised $200 million in a Series D round led by Qatar Investment Authority and Koch Disruptive Technologies. Millennium Management, ARK Invest and Intact Private Capital also joined the round. The money will support expansion of Gatik’s driverless freight operations from the dozens of trucks today to thousands in the years ahead. Gatik has completed 85,000 fully driverless orders. The company reports more than $600 million in contracted revenue and 99% on-time delivery across operations in Texas, Arizona, Arkansas and Canada. “This round, led by some of the world’s le
#fwtv_NoU9XSVdzhk .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_NoU9XSVdzhk .fwtv-panel p{margin:0 0 12px}#fwtv_NoU9XSVdzhk .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The freight market is stabilizing, with tender rejections at 13.57%. But don’t let this “healthy” period fool you; volatility is on the horizon. Learn what FreightWaves’ experts say about current market conditions, upcoming Q4 surges, and how this impacts shippers and carriers. Get ready for a dynamic end to the year. Truckload
#fwtv_9hb163Wep7A .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_9hb163Wep7A .fwtv-panel p{margin:0 0 12px}#fwtv_9hb163Wep7A .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Tabi’s Rush Feldhacker breaks down who currently holds the pricing power in the unpredictable freight market using their new Pricing Pressure Index. Learn how brokers are leveraging data to make smarter spot rate decisions, and why shippers are feeling the market shift later than expected. Discover the latest trends and what to
#fwtv_q6TlMLWRgaI .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_q6TlMLWRgaI .fwtv-panel p{margin:0 0 12px}#fwtv_q6TlMLWRgaI .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The trucking industry is losing a critical source of credit insight as BMO sells its transportation finance unit. FreightWaves’ John Kingston, who pioneered tracking BMO’s unique data, reveals how trucking credit quality is finally strengthening just as this transparent data source disappears. He also dives into rising diesel p
While unfounded fears of higher tariffs helped drive what amounted to unexpected demand by anxious shippers this summer, other assorted geopolitical intrigue is keeping the container market on edge. Asia-U.S. West Coast prices increased 1% to $6,826 per forty foot equivalent unit (FEU), according to the latest Baltic Index from SONAR data contributor Freightos. Asia-U.S. East Coast prices were 2% higher, at $9,576 per FEU. Events that could pressure container traffic on the trans-Pacific are being closely watched. The United States is trying to tighten economic sanctions on countries doing bus
Why it matters: Inconsistent interpretations of cabotage rules could remove experienced drivers from cross-border operations, tighten available capacity and create additional uncertainty for manufacturers, carriers and shippers that depend on predictable U.S.-Mexico freight flows. Mexican trucking industry leaders are calling on U.S. border officials to establish clearer and more consistent rules governing B-1 visa revocations amid concerns that drivers are losing their ability to operate cross-border routes over alleged cabotage violations. Ismael Reyes de la Rosa, the National Chamber of Fre
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a fourth consecutive session on Tuesday, rising about 1.5% to a fresh high since August 12 at 2,926 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also increased for a fourth ...
Descartes Systems Group announced Monday that it has acquired Tai, a TMS provider for freight brokers, for $100 million. The deal was funded with cash on hand. California-based Tai’s AI-powered platform oversees the entire shipment lifecycle, including quoting, sourcing, execution and invoicing. The TMS primarily executes truckload, less-than-truckload, drayage and cross-border shipments. “The acquisition expands our transportation management capabilities for freight brokers and adds valuable transaction, carrier and shipment execution data to the Descartes Global Logistics NetworkTM,” said An
Shippers should consider U.S. West Coast import gateways for significant cost savings, even with added inland logistics. “If a shipper has the flexibility of importing goods into U.S. West Coast instead of East Coast, then they must seriously consider it because there is dramatic savings potential, even if it means a heavier reliance on truck and rail to reach the final destination,” said Xeneta Chief Analyst Peter Sand. “This underlines the dynamic approach supply chain professionals must take in managing resilience and freight spend during major market shocks.” While spot rates on the trans-
Descartes Acquires Tai Aug 24, 2026 Expands Transportation Management Capabilities and Global Logistics Network with AI-Enabled Freight Brokerage Platform WATERLOO, Ontario, and ATLANTA, Georgia, Aug 24, 2026 (GLOBE NEWSWIRE) — The Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in uniting logistics-intensive businesses in commerce, today announced the acquisition of Tai, a leading provider of advanced transportation management solutions for freight brokers. Tai provides an AI-powered transportation management platform that serves as ... The post Descartes acquires Tai Sof
ASL Aviation Holdings, a Dublin-based provider of dedicated transportation service, on Monday announced the purchase of two Boeing 747-400 freighter aircraft that have been under the operation of subsidiary ASL Airlines Belgium as leased aircraft to ensure ongoing capacity for shippers. The news follows the recent decision to expand operations in Australia and New Zealand by transferring some standard-size cargo jets from Europe to its Australian carrier. ASL Aviation took the opportunity to acquire the older Boeing jumbo jets when the owner decided to sell them, ensuring no interruption in lo
NBC 15 reports: Backlash over data centers has become a central issue in the upcoming midterms as Americans on both sides of the aisle are becoming more resistant to having them built in their communities, pushing candidates to stake positions on how to handle them. As the artificial intelligence industry plans billions of dollars’ worth of investments to ramp up construction of data centers to power the technology, it is running into mounting resistance ... The post NBC 15: Fight over ‘data centers shifts into overdrive’ as midterms get closer appeared first on The Loadstar .
Why it matters: Rising U.S.-Mexico freight demand is colliding with a shrinking pool of B-1 drivers that could push trucking rates higher, lengthen border crossing delays and force shippers to rethink how they move freight through gateways such as Laredo, Texas. A shortage of B-1 visa drivers is tightening U.S.-Mexico trucking capacity and contributing to freight backlogs in Nuevo Laredo, Mexico, as cross-border demand continues to grow, according to Uber Freight . Zeid Houssami, senior vice president at Uber Freight, said increased enforcement involving B-1 drivers has escalated since earlier
Complete with a video showing him booting a metal container and declaring that New York City was not going to “kick the can down the road” any longer on repairing the key freight thoroughfare of the Brooklyn Queens Expressway’s (BQE) cantilevered section, Mayor Zohran Mamdani unveiled a plan to rebuild the highway. Earlier plans to “rehabilitate”–the city’s term–the roughly 1.5 miles of the BQE that is owned by the city, and which includes the cantilevered section that has been under such strain, have either been withdrawn or replaced with short-term measures like stronger enforcement of weigh
#fwtv_tCDcsHYyTCU .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_tCDcsHYyTCU .fwtv-panel p{margin:0 0 12px}#fwtv_tCDcsHYyTCU .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Diesel prices are soaring, but spot rates continue to fall, creating a significant disconnect in the trucking market. This SONAR Market Update dives deep into the factors driving this divergence, from global conflicts impacting refinery output to shifts in intermodal rail and changing length of haul for truckload freight. Under
#fwtv_Dot21VR7mhM .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_Dot21VR7mhM .fwtv-panel p{margin:0 0 12px}#fwtv_Dot21VR7mhM .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Amazon drone delivery is expanding again — but the real story is why it took 13 years to get here. FreightWaves Parcel & Air Cargo Editor Eric Kulisch breaks down Amazon Prime Air, the FAA’s pending beyond-visual-line-of-sight rules, which states are first in line, and what has to happen before drone delivery scales beyond
#fwtv_MNSswMZkJ8 .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_MNSswMZkJ8 .fwtv-panel p{margin:0 0 12px}#fwtv_MNSswMZkJ8 .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Private fleets face mounting costs while carrying over $100 billion in empty backhaul capacity. Russell Jones, CEO of Private Fleet Net Zero, explains how his platform unlocks this unused capacity, offering freight brokers a 25% discount and higher service levels. Discover how digital freight matching for private fleets can transf
#fwtv_PKPMfxam8k .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_PKPMfxam8k .fwtv-panel p{margin:0 0 12px}#fwtv_PKPMfxam8k .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The freight market has seen a brutal downturn, with an astounding 85% failure rate for new carriers in the past three years. Kirk Mann, EVP & GM of Transportation and Vendor Solutions at Mitsubishi HC Capital America, dives into why this cycle was the longest, the impact of over-financed assets, and what it means for the futu
Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in Borderlands Mexico: Criminal groups keep pressure on Mexican freight networks; Nuevo León posts $17B in IMMEX exports through May and Mitsubishi Logistics invests $40M in US warehouse expansion. Criminal groups keep pressure on Mexican freight networks Mexican authorities say cargo theft targeting trucking companies is declining nationwide, while Overhaul and recent industry warnings suggest organized criminal groups continue to keep pressure on freight oper
Free two-day shipping rewired what customers expect from delivery, and it blew a hole in last-mile budgets that retailers are still scrambling to patch. FarEye, an AI-Powered Delivery Management System (DMS), recently launched an agentic AI dispatcher called PILOT to plan, execute, and monitor final-mile deliveries with minimal human oversight. Gaurav Srivastava, the company’s co-founder and chief product and technology officer, told FreightWaves two forces made the launch possible: relentless consumer demand for free, fast delivery, and the leap in AI capability that followed Large Language M
#fwtv_oNjVwKqu0g8 .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_oNjVwKqu0g8 .fwtv-panel p{margin:0 0 12px}#fwtv_oNjVwKqu0g8 .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Discover how intermodal freight is delivering massive savings in today’s volatile market. As truckload spot and contract rates stabilize, intermodal options provide a crucial cost-saving advantage, especially on key lanes. Learn where to find the biggest savings and how shifting modes can optimize your freight spend. Intermodal
#fwtv_6oVgra98BQM .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_6oVgra98BQM .fwtv-panel p{margin:0 0 12px}#fwtv_6oVgra98BQM .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Tony Broyles from Overdrive Logistics shares his rare ‘dual perspective’ having worked on both the shipper and broker sides of the freight industry. He breaks down common misconceptions and reveals why understanding both ends of the supply chain is crucial for success and building lasting relationships. From managing budgets to
#fwtv_anrMYfetmOg .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_anrMYfetmOg .fwtv-panel p{margin:0 0 12px}#fwtv_anrMYfetmOg .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Ed Elkins, EVP & CCO at Norfolk Southern, reveals why Georgia and the strategic ‘Golden Triangle’ are pivotal for rail logistics and supply chain efficiency. Discover how infrastructure investments are shifting freight from highways to rails, driving massive growth and economic strength in the Eastern U.S. Elkins delves into At
Einride reported Tuesday a first-half revenue of SEK 273 million ($27 million), up 26% year over year on a constant-currency basis. It was the Swedish company’s first earnings release since its June 10 Nasdaq listing. Management expects growth to accelerate to between 60% and 73% in the second half. The company is pairing that outlook with two new partnerships. Six days before the earnings, Einride announced a joint initiative with DAF Trucks to integrate its autonomous driving system into DAF’s electric truck platform. It also disclosed plans to deploy 500 Tesla Semi trucks on its Saga AI pla
