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The Nerve Center of the Global Supply Chain

NEWSLETTER BROUGHT TO YOU BY — SONAR

SONAR is the source of truth for the supply chain industry, providing the most up-to-date data and intelligence for freight and logistics companies to make the best decisions today and prepare for any market changes that may be on the horizon. Learn more at sonar.freightwaves.com.

TOP STORY

BREAKING: UPS sells Coyote to RXO

UPS loses $775 million on the sale Read More

BANKRUPTCIES

Texas logistics company with 500 truck drivers abruptly ceases operations

Private equity firm Ten Oaks Group acquired U.S. Logistics Solutions, formerly Forward Air Solutions, in 2021 Read More

LEGAL ISSUES

Virginia carrier’s win against union may ultimately give labor a boost at NLRB

Garten Trucking workers rejected representation, but subsequent legal cases could lead to pro-union policies Read More

MARITIME

Caribbean officials caught in cocaine conspiracy

How DEA agents nabbed British Virgin Isles Port Authority director, prime minister in drug trafficking plot Read More

TRUCKING REGULATION

Report finds pandemic did not cause significant CDL testing delays

Survey by FMCSA shows retesting wait times continue to hamper some states Read More

SPONSORED CONTENT BY TAKING THE HIRE ROAD

Unlocking hidden capacity with Repowr — Taking the Hire Road

How technology paired with people is tackling the trailer utilization problem Read More

TRUCKING

ATRI report finds most women in trucking face harassment

Study identifies 6 challenges overall to women in the industry Read More

SPONSORED CONTENT BY RELIANCE PARTNERS

Borderless insurance coverage for shippers

Reliance Partners Mark Vickers breaks down cross border insurance coverage Read More

Read More News

From Our Library

WHITEPAPER

2024 Customer Service Trends in the Supply Chain

In Partnership with DDC FPO Solutions

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Q1 2024 Shipper Rate Report

In Partnership with U.S. Bank & BlueGrace Logistics

WHITEPAPER

How does intermodal fit into shipper sustainability strategies

In Partnership with Uber Freight

Market Movers

Indianapolis tender rejection rates speed up

SONAR Tickers: OTRI.IND, OTVI.IND

Highlights

In the past week, outbound tender rejection rates from Indianapolis surged 253 basis points, from 4.36% on June 13 to 6.89%.

During that same period, outbound tender volumes rose 12.04 points or 5.78% from 208.4 points to 220.44.

The rapid rise in tender rejection rates appears to be related to dry van loads, which brought up the entire market average. VOTRI rose 361 bps w/w, from 4.98% on June 13 to 8.59%.

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From Our Partners

WHITEPAPER

Improving Back Office Efficiency in the Freight Industry

Courtesy of DDC FPO Solutions

WHITEPAPER

Future Fleet

Courtesy of Lithic

WEBINAR

The Frontline of Freight Ops - How a Freight Broker Utilized Tai TMS to Double Their Daily Bookings

Courtesy of Tai Software

Quotable

“Due to the abrupt decision by our private ownership group to close our doors at the same time business was surging, I am completely devastated and heartbroken for the 2000+professionals I’ve had the pleasure of working with,”

— Eric Culberson, former president of U.S. Logistics Solutions

Check This Out

FWTV EVENT | JULY 17, 2024

Enterprise Fleet Summit

CHATTANOOGA, TN | NOVEMBER 19 - 21, 2024

F3: Future of Freight Festival

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FW DAILY | BREAKING: UPS sells Coyote to RXO