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ATSG to Acquire 20 767s and Convert Them to Freighters; Destination Unclear Though Amazon May Want Some
Thursday, December 20, 2018 - 9:00pm | 783Read More...Air Transport Services Group, Inc. (NASDAQ: ATSG), said last night that one of its subsidiaries will acquire 20 Boeing Co. (NYSE: BA) 767-300 passenger aircraft and convert them to all-cargo planes over the next three years. The extended-range planes, which based on ATSG's data will have a...
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Winter Storm Diego's Damage: Deaths, Record Snowfall, and Impacts on Freight
Thursday, December 20, 2018 - 6:04pm | 1061Read More...Now that most of the snow has melted, Winter Storm Diego is finally just a memory to people in the South. Record snowfall came early in the season, technically before winter began on the calendar. Here's a look back at what happened and how the storm affected lives and freight movement across...
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Jackfruit Systems Aims to Beat the Driver Drought
Thursday, December 20, 2018 - 12:57pm | 377Read More...Driver shortages are a perennial problem for the trucking trade and this problem is expected to get worse over the next 10 years with the industry requiring close to a million new drivers, over and above those that exist today. According to Sharan Savadattimath chief information officer and co-...
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Capacity Tightens as Drivers Reposition for Holiday Hometime
Thursday, December 20, 2018 - 12:52pm | 1017Read More...In the last week before Christmas, carriers make plans to get their drivers home for the holiday. It's one of the only days of the year that most carriers guarantee their drivers hometime, and they generally make every effort to keep their promises. This nationwide repositioning has a...
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Closing Out Long Battle, Clean Truck Program to Take Effect in the New Year
Wednesday, December 19, 2018 - 8:39pm | 586Read More...The long, drawn-out battle over emissions standards at the Ports of Tacoma and Seattle comes to a close on Jan. 1, when updated clean truck requirements go into effect. By the new year, all trucks serving international container terminals must have a 2007 or newer engine, or a certified emissions...
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Wet, Windy Weather Ahead For Final Christmas Shipping Push
Wednesday, December 19, 2018 - 1:54pm | 891Read More...Another storm is heading to the East Coast soon, but this one won't be a classic Nor'easter with lots of snow. That is the good news. The bad news is that it's coming at one of the worst times of the year, just before Christmas. Truckers will be under pressure to make on-time deliveries...
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Food Supply Chains Need To Reduce The Consumer-Retailer Disconnect
Wednesday, December 19, 2018 - 1:50pm | 891Read More...The dawn of globalization paved the way for food supply chains to become truly borderless. As businesses try to keep pace with the growing demands of the local populace, sourcing consumables from around the world requires being persistent with taut logistics run via punishing operational schedules...
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Today's Pickup: Carriers Position Drivers Closer to Home
Wednesday, December 19, 2018 - 1:39pm | 873Read More...The national tender rejection rate ticked upward slightly today as carriers begin preparing for the Christmas holiday by positioning their drivers closer to their domiciles. In the lead up to major holidays, driver preferences for origin/destination firm up, leading carriers to be choosier and...
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The Street's Reaction To FedEx's Q2 Earnings, Guidance
Wednesday, December 19, 2018 - 11:05am | 573Read More...FedEx Corporation (NYSE: FDX) reported Tuesday its fiscal second-quarter results, which came in better than expected but management revised its outlook. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's Ravi Shanker maintains an...
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FedEx's Delivery Service Aimed at Extending Online Fulfillment Cut-Off Times
Tuesday, December 18, 2018 - 6:56pm | 360Read More...FedEx Corp. (NYSE: FDX) said it has launched a service allowing participating retailers to fulfill online orders 5 to 8 hours later than usual while providing consumers with next-day deliveries in local markets and two-day deliveries across the continental US. Through the service, dubbed "...
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Freight.Tech25: Portal Pricing Service Lifts Logistical Labs to #25
Tuesday, December 18, 2018 - 2:53pm | 799Read More...At MarketWaves18, FreightWaves announced the Freight.Tech 25, the industry's list of the most innovative and disruptive companies in transportation and logistics. After a vote by sixty analysts, Chicago-based Logistical Labs ranked twenty-fifth. Logistical Labs was founded in 2012 and offers...
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Rapid-Fire Pitch: eShipGlobal
Tuesday, December 18, 2018 - 2:19pm | 557Read More...Srini Vasan, founder and CEO of eShipGlobal, and partner Terry Beaudine from IBM Blockchain Solutions, demonstrated at MarketWaves 18 in Dallas last month how eShipGlobal provides a one-stop solution for shipping expedited hazardous materials and other packages using blockchain technology. Vasan...
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FreightWaves Releases Selerity Flash News in SONAR for Real Time Reporting
Monday, December 17, 2018 - 5:57pm | 583Read More...SONAR with Selerity flash news widget next to a heated watchlist. FreightWaves has released the Selerity widget for reporting flash news and relevant tweets in SONAR. The new feature is algorithmically based news reporting that targets the most relevant topics affecting financial markets and...
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FreightWaves NOW - December 17, 2018
Monday, December 17, 2018 - 5:56pm | 86Read More...On today's episode, Chad Prevost talks to FreightWaves' Senior Data Scientist, Brad Hill, about the seasonal freight trends between Los Angeles and Seattle over the last five years. Watch Now













