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With over 25 equipment types, not just Dry Van, Reefer and Flatbed, Farelanes provides truckload freight data analytics services for North America. Founded in 2023, Farelanes is headquartered in FortWorth, Texas. Founded in 2023, Farelanes is headquartered in FortWorth, Texas.
At the same time, the Class Is have been content to hand off the carload freight business to short lines whose lower cost structures and personalized marketing in many cases are built around low-volume traffic. The First Mile/Last Mile team will be primarily based at BNSF headquarters in FortWorth, Texas.
million worth of stolen cargo; and freight theft cases in Illinois and Kentucky surged in April. million worth of bricked cocaine, the largest drug bust in Peel Regional Police history. Canadian investigators recently arrested nine men for using trucks to smuggle cocaine from the U.S. Truck carrying $1.6
As part of its partnership with drone company Wing, the retail giant intends to bring drone deliveries to Houston, Tampa, Orlando, Atlanta and Charlotte by June of 2026, and will expand existing services in the Dallas-FortWorth region. This is real drone delivery at scale,” said Wing CEO Adam Woodworth.
Texas is booming and in this podcast, Jason Giulietti explains why so many supply chain, logistics, and freight tech companies are expanding in the Lone Star State. The Texas Triangle , which is the area between Dallas / FortWorth, Houston, and San Antonio already has more people that 46 states and it is growing fast.
Add in soaring air freight costs, and the fruit will not only be hard to find, but incredibly expensive. Waymo is integrating Uber Freight, the ride-hail company’s truck brokerage, into the technology that powers its autonomous big rigs. That’s a tough break for the industry. And now on to this week’s logistics news.
Wing and Zipline are drone delivery providers and will allow Walmart to cover 75 percent of the Dallas-FortWorth population as stores in 30 towns and municipalities will now offer drone delivery service. Walmart unleashes ‘largest drone delivery footprint of any U.S. retailer thanks to partnerships with Wing and Zipline.
But while we are in the midst of a season notorious for a spike in cargo thefts , there are a few precautions you can take to protect your freight. Remember that freight at rest is freight at risk. The more time freight spends sitting unattended, the likelier the chances are for truckload theft.
It begs the question: what happens to your freight during a natural disaster? This could be from debris or flooding, especially since freight trucking is the most common mode of transport. Despite delayed delivery times, rest assured that your freight is out of harm’s way and trust your carrier’s disaster preparedness.
Freight Operators Dismiss Threat of Digital Startups (WSJ – sub. At its research facility at the Dallas FortWorth (DFW) International Airport, NASA will use the data supplied by Uber to simulate a small passenger-carrying aircraft as it flies through DFW airspace during peak scheduled air traffic.
MercuryGate Launches Global, Omni-modal Freight Procurement Solution. Best Buy rolls out same-day delivery in 13 markets (Star Tribune). Descartes Showcases Logistics Technology Platform Innovations at Global User and Partner Conference. Manhattan Associates Empowers Warehouse Managers With New E-Commerce Capabilities.
Kodiak Robotics was founded in 2018 to develop autonomous technology that carries freight forward—so people, partners, and the planet thrive. Kodiak is building and operating self-driving trucks designed to operate on highway routes, making the freight industry safer and more efficient. About Kodiak Robotics.
Year Ends On A High – Air Freights Stay High, Ocean Rates Rise: Freight Rate Update Wk 51. growth in world cargo volumes for 2017, air freight rates have been dramatically up this peak season. Across in Europe, intermittent bad weather has taken a toll, increasing backlogs and contributing to high air freight rates.
But while we are in the midst of a season notorious for a spike in cargo thefts , there are a few precautions you can take to protect your freight. Remember that freight at rest is freight at risk. The more time freight spends sitting unattended, the likelier the chances are for truckload theft.
Earlier this year, Walgreens Boots Alliance expanded their drone delivery pilot from Christiansburg, Virginia to the Dallas-FortWorth area, reaching 100,000 customers. He will be the new Chief Executive Officer of Flexport, a freight forwarding company. Previously Mr. Echevarria was the CEO of VVF Americas.
Current trends in freight can be explained by looking at the top ten contract markets by percentage of contract-spot mix. Top markets for van freight. Top markets for van freight. For van freight, the top two contract markets are in southern California. England depend on longhaul freight out of the West.
We have written about the truck driver shortage quite often and its impact on transit times and freight costs. The FedEx surcharge season kicks off on November 1 with a $1.50 per-piece fee added on to all shipments delivered by the company’s Ground Economy service. One sector that is dealing with this now is fuel transportation.
Van freight was a little quiet last week, but a rebound should be underway now, to close the second quarter on a high note. Reefer freight volume should get a boost too, due to last-minute demand for fresh food, ahead of the July 4th weekend. Flatbed freight is also strongest in the Southeast. This week was no exception.
FreightWaves is the leading Freight Intel provider, offering current digital intelligence and context to the freight community on a central platform. [03:50] FreightWaves started in FortWorth, Texas, but we moved here. People call it the Bloomberg of freight. 03:50] Your content at FreightWaves is so insightful.
February has been a strong month for flatbed freight. Looking to move flatbed freight? DAT has the largest digital freight marketplace in the trucking industry, with more loads posted daily than any other load board. That's led to tight capacity for many flatbed markets, as seen in the load-to-truck ratios in the map below.
Flatbed freight availability dropped 13% on the spot market last week, after a one-week gain. Loads were not nearly as plentiful in Montana and Wyoming, however, so check outbound freight before taking a load into those states. There is still plenty of flatbed freight in Texas , and rates there are trending up. mile this week.
In the first half of the year, we experienced historically low rates due to excess capacity and flat freight volumes. Top Trends Capacity is Plentiful Covering freight is not difficult and negotiating power is still in the hands of the Shipper. Expect areas such as Dallas, FortWorth, and Lubbock to increase their volume flow in June.
Craig Fuller is CEO and Founder of FreightWaves, the only freight-focused organization that delivers a complete and comprehensive view of the freight and logistics market. FreightWaves is the leading freight intelligence provider, offering current digital intelligence and context to the freight community on a central platform.
Freight markets are heating up in the Sun Belt. Flatbeds saw rising freight volume and rates in the Southwest and a handful of Southeastern markets. Flatbed freight is strongest in the Southeast region, but not in the usual locations. Outbound rates fell in key Northern markets, including Chicago , Denver , and Philadelphia.
If you need to haul temperature-controlled freight out of the Southeast, you may be paying more for those trucks right now. Flatbed freight volume was disappointing last week, after a strong month of April. Rates are up in some Sun Belt markets, however, including Dallas and FortWorth.
The company is testing a small-format restaurant in FortWorth, TX, where the centerpiece is a conveyor system that delivers food to a mobile-order lane. freight railroads have reported strong profits in recent years, helped by higher prices and steady business in transporting everything from automobiles to fertilizer.
XPO Logistics to spin off freight brokerage. CEVA Logistics using self-driving trucks to move freight. XPO Logistics plans to split its freight brokerage, European, and intermodal businesses apart from its US trucking operation, which will dismantle the large freight and supply-chain operation it has built over the last decade.
Last week, flatbed volumes surged 10% higher, led by Houston, FortWorth and Cleveland. The oil industry has also fueled the Texas markets: Rates were higher last week out of Dallas and FortWorth , while Houston held firm. The national average flatbed rate for April was $2.65/mile, And there are no signs of a slowdown.
Looking to move flatbed freight? DAT has the largest digital freight marketplace in the trucking industry, with more loads posted daily than any other load board. Other big declines were in Phoenix and FortWorth, TX , but both markets had rising volumes that could reverse pricing trends.
The immediate impacts from Harvey and Irma first showed up in van freight, then reefers. Load counts are up on DAT load boards , with more flatbed freight shipping to support the rebuilding and recovery efforts in areas affected by the storms. Now it's looking like flatbed’s turn.
Illinois is the only state that has all seven Class I freight railroads. It is the 3rd largest in total freight railroads. The state also is home to the FortWorth Alliance Airport, which is a public-use airport located 14 miles north of downtown FortWorth, Texas. The state received an A. Media Type.
DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions. Oil-related freight movements from Houston are definitely in a lull.
Load availability is up in the largest van freight markets, accompanied by a big increase in reefer freight movements compared to the previous week. Reefer freight volume was way up last week in most major markets. There was even a surge in freight out of Florida last Friday. mile last week. That rate is back down to $2.31/mile,
Those effects have been more dramatic since August 2016, with the new construction adding to the stronger-than-usual start to the year for flatbed freight. That’s a lot of freight for railroads and trucks alike. But so far this year, it’s also been a major source of van freight. Houston is in the middle of all of it.
FREIGHT RATES. Along with our standalone freight rates tool DAT RateView, all DAT load board packages include broker spot market rates on the lanes you're searching. On the upside, rates rose last week in individual freight markets, including Philadelphia, Buffalo, Chicago and Charlotte. DAT load board features.
Spot market freight showed signs of renewed life last week, even though rates slipped lower compared to the week before last. Also, when demand slacks off for van and reefer freight, there are more trucks available. mile on the way back from Ft Worth to Houston. On a lane-by-lane basis, flatbed trends swung wildly. mile to $2.12/mile
Rates rose across the region, with shippers moving freight out of the way of the coming storm. Volumes have bounced back in FortWorth , but the lane to Houston dropped to $2.27 Spot market capacity had already tightened in the weeks between Hurricanes Harvey and Irma. Houston to New Orleans tumbled, but still averaged $2.49
It’s no surprise that Texas has the top three markets for spot market flatbed freight in the country: Houston, Dallas and FortWorth. Construction has always been a major source of flatbed freight. Source: American Wind Energy Association. Construction.
Being able to impact their business by finding them freight to get them home is a perk of working with these professionals. – Sharon Varner, supervisor, capacity team, FortWorth, TX. I know what kinds of loads and lanes they prefer most, and enjoy finding freight I know will be good for their business.
According to S&P Global, seaborne containerized freight imports into the U.S. Meanwhile, recent numbers from Freightos indicate that Red Sea disruptions have caused freight rates for ocean carriers to skyrocket since the start of May, rising by $1,000 per 40-foot-equivalent units. supply chain activity slowed in April.
Over the last few months, it has also bought merchandise on the spot market and flown in power tools, faucets, electrical components, fasteners and other smaller, higher value items by air freight. Waymo will transport goods along Interstate 45 between Houston and FortWorth, Texas.
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