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Freight Waves

Why are shippers increasing lead times?

Chart of the Week: Outbound Tender Lead Time – USA SONAR: OTLT.USA Tender lead times last week hit their highest value since SONAR released tender data in 2018, averaging 3.76 days between tender and requested pickup. The previous high of 3.68 was set…

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U.S. weekly rail traffic again up compared to 2023

This story originally appeared on Trains.com. WASHINGTON — U.S. weekly rail traffic remains ahead of 2023 levels for the week ending Dec. 21, 2024. According to statistics from the Association of American Railroads, overall traffic for the week was 523,912…

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Running on Ice: A few partnerships to end the year

All thawed out (Photo: SeaCube) Reefer sustainability just got a big leg up with a collaboration between SeaCube and GreenSee. This collaboration uses “SeaCube’s green and net-zero reefer leasing options, powered by Greensee’s AI-driven CO2 emissions reporting technology,” to set…

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Digital freight broker Fura acquires Pinwheel Logistics

Digital freight broker Fura announced Friday it has acquired Pinwheel Logistics. The deal marks Fura’s third brokerage acquisition. Pinwheel is a freight broker located in the Chicago area, serving the food and beverage industry. Financial terms of the transaction were…

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Hyzon becomes latest SPAC-backed startup to crash

Even with a stream of positive news releases, the signs and warnings for Hyzon were there. Now reality has arrived: Fuel cell developer Hyzon Motors is the latest startup to give up after going public during the SPAC craze of…

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