Reefer tender rejection rates surge following hurricanes

Reefer and dry van markets diverging

(Chart: SONAR)

Showing signs of capacity tightening, the reefer tender rejection rate has risen to 14% while the dry van market remains muted at 5%. Spiking reefer tender rejection rates outbound from Florida were a major part of that. While reefer rejections have been rising for months, hurricane relief efforts appear to have had more impact on the reefer market than on the dry van market, suggesting that supply and demand in the reefer segment is much more...

https://www.freightwaves.com/news/reefer-tender-rejection-rates-surge-following-hurricanes

Chris Schoate shares insights on driver hiring, retention

FIRESIDE CHAT TOPIC:

Driver recruiting and retention in a challenging freight environment

DETAILS:

Chris Schoate, vice president for driver recruiting and retention at Houston-based Gulf Winds International, talks with FreightWaves about driver recruitment and retention in a post-pandemic job market.

KEY QUOTES FROM SCHOATE:

“The one big change that I saw that happened in the COVID transition was pay was number one. It was 100% pay; that was the main thing. And while pay is obviously going to be a...

https://www.freightwaves.com/news/chris-schoate-shares-insights-on-driver-hiring-retention

State of Freight: Strong volume, stuck OTRI and caution for shippers in ’24

A freight market in which demand remains healthy and truckload rates remain stuck in a relatively narrow range showing little ability to break out to a higher level was the focus of FreightWaves’ final State of Freight webinar for 2023.

Zach Strickland, FreightWaves’ director of freight market intelligence, kicked things off in his discussion with FreightWaves CEO Craig Fuller on Thursday by noting something that might be missed in a market of spot truckload rates that seem stuck near a bottom:...

https://www.freightwaves.com/news/state-of-freight-strong-volume-stuck-otri-and-caution-for-shippers-in-24

ACT Research bullish on adoption of alternative zero-emission trucks

This fireside chat recap is from FreightWaves’ Net Zero Carbon Summit Thursday. 

FIRESIDE CHAT TOPIC: Despite state and federal initiatives and private company goals to decarbonize transportation, there has long been a question whether trucking was suited to reach some of those ambitious targets and mandates. Ann Rundle of ACT Research says her company is optimistic it can do so.

DETAILS: Ann Rundle is a vice president at ACT Research. She has a long career with large companies such as...

https://www.freightwaves.com/news/act-research-bullish-on-adoption-of-alternative-zero-emission-trucks

Future of Freight Festival will be epicenter of freight world – Day 3

Two weeks from today, “F3: Future of Freight Festival” will begin its third and final day. Located in the heart of Freight Alley and the headquarters city of FreightWaves, Chattanooga will be alive with this unique FreightTech experience.

While FreightWaves has presented major events around the nation, this is the first time it will host an event in Chattanooga. F3 will continue the FreightWaves tradition of bringing together industry leaders to discuss key issues impacting freight markets as...

https://www.freightwaves.com/news/future-of-freight-festival-will-be-epicenter-of-freight-world-day-3

Future of Freight Festival will be epicenter of freight world – Day 2 

Two weeks from today, “F3: Future of Freight Festival” will begin its second big day in Chattanooga. Attendees will be in the heart of Freight Alley and the headquarters city of FreightWaves. Chattanooga will be alive with this unique FreightTech experience.

While FreightWaves has presented major events around the nation, this is the first time it will host an event in Chattanooga, which is known as the Scenic City. F3 will continue the FreightWaves tradition of bringing together industry...

https://www.freightwaves.com/news/future-of-freight-festival-will-be-epicenter-of-freight-world-day-2

Future of Freight Festival will be epicenter of freight world – Day 1  

Two weeks from today, “F3: Future of Freight Festival” will take Chattanooga by storm. Located in the heart of Freight Alley and the headquarters city of FreightWaves, Chattanooga will be alive with this unique FreightTech experience.

While FreightWaves has presented major events around the nation, this is the first time it will host an event in Chattanooga, the Scenic City. F3 will continue the FreightWaves tradition of bringing together industry leaders to discuss key issues impacting freight...

https://www.freightwaves.com/news/future-of-freight-festival-will-be-epicenter-of-freight-world-day-1

REE Automotive and its ‘corner…

REE Automotive and its ‘corner technology” approach

Israel-based company CEO discusses REE’s offering that has no traditional drivetrain

Excerpt: REE Automotive uses “corner technology, in which all the wheels are individually controlled.

This fireside chat recap is from FreightWaves’ second Autonomous and Electric Vehicles Summit on Wednesday.

FIRESIDE CHAT TOPIC: From electric to autonomous: X-by-wire technology as an accelerator. 

DETAILS: Ree Automotive is an Israeli company autonomous offering...

https://www.freightwaves.com/news/462335

New digital payment platforms driving cash flow innovation

This fireside chat recap is from FreightWaves’ Supply Chain Meets FinTech event on Wednesday.

FIRESIDE CHAT TOPIC: Building freight fintech: disrupting payments in the transportation industry.

DETAILS: How will new payment offerings change a truck driver’s job? FreightWaves and Uber Freight discuss why more firms are offering payment platforms for drivers, and the most promising technologies in payments.

SPEAKERS: Jerry Tolochko, strategy and planning at Uber Freight, and Rachel Premack, editorial...

https://www.freightwaves.com/news/new-digital-payment-platforms-driving-cash-flow-innovation

Crowley chief product officer: Break down data silos

This fireside chat recap is from FreightWaves’ Supply Chain Meets FinTech event on Wednesday.

FIRESIDE CHAT TOPIC: How fintech helps overcome today’s global shipping challenges.

DETAILS: Shashank Panchangam offers solutions to supply chain problems through fintech products utilized in digital transformations. 

SPEAKER: Panchangam is the chief product officer at Crowley Solutions.

BIO: Panchangam brings more than two decades of experience in product management, research and product development,...

https://www.freightwaves.com/news/crowley-chief-product-officer-break-down-data-silos