The abrupt closure of K-Ratio’s fuel hedging program in late June has left trucking companies scrambling as they await answers from the Chicago-based company as to what happened and when or if participating carriers will recoup money owed to them for June settlements and if they will be reimbursed for future fuel swap option contracts they paid cash to lock in fuel prices into 2022.
K-Ratio is asking carriers that participated in its fuel program to sign a universal settlement agreement,...
On this episode of Midday Market Update, Kaylee Nix and Michael Vincent explore the changing landscape of the FreightWavesTV lineup and talk to some experts about where the market is headed next.
First up in headlines, Andrew Cox discusses how one Texas company is leaving harmful waste on the roads after filing for bankruptcy, how XPO is performing after the first quarter and how one major air freighter is planning on cutting back on emissions.
Vincent and Nix welcome Kyle Lintner, managing...
https://www.freightwaves.com/news/benchmarks-analysis-monitoring-and-forecasts-midday-market-update
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The Ever Given has finally been released and Suez Canal operations have resumed, but the repercussions are just beginning. On this episode of Midday Market Update, Kaylee Nix and Michael Vincent get the full story about impacts from the canal crisis.
In headlines, Andrew Cox covers the fallout looming over East Coast ports as imports start slogging in behind schedule and brings news of a burrito delivery tech investment. He also talks about the massive and sudden...
https://www.freightwaves.com/news/wild-market-rides-continue-midday-market-update
This edition of #WithSONAR is a discussion that hosts Luke Falasca and Kyle Taylor held with Kyle Lintner, principal and managing director of K-Ratio, at the FreightWaves 3PL Summit.
FIRESIDE CHAT TOPIC: How a 3PL deals with a big difference between contract and spot rates
DETAILS: In a roaring, hot spot market like this, the gap between contract rates and spot rates can become enormous. The natural reaction is to reject the loads that are under contract, leading to the current high Outbound...
A majority of the U.S. continues to be locked in a deep freeze, and the low temperatures and snowy conditions are putting a squeeze on the freight markets.
On this episode of #WithSONAR, Luke Falasca and Kyle Taylor look at how rates and capacity are being impacted with major markets like Houston and Dallas being knocked off-kilter. They host Kyle Lintner, principal and managing director of K-Ratio, to share his thoughts on the problems plaguing carriers right now.
Taylor said it has not been a...
https://s29755.pcdn.co/news/cold-weather-hot-rates-withsonar
How contract and spot rates are competing for dominance
Headlines
UPS announced Monday it was waving the white flag on its LTL division, selling UPS Freight to TFI International for $800 million. The deal reached unanimous approval from both company’s boards and will close sometime in the second quarter of 2021.
A roller-coaster year came to a close on a high note for Georgia ports and the Georgia Ports Authority has increased its movement of twenty-foot equivalent units by 1.8% from 2019 to...
https://www.freightwaves.com/news/is-the-market-becoming-more-stable-midday-market-update
It’s freight-bidding season again as carriers, brokers and third-party logistics providers vie for shipper contracts for 2021. But good luck trying to forecast for the coming year with so many unknowns in the economy and the pandemic.
“It’s an understatement to say the unknown has never been greater than it is right now,” Kyle Lintner, principal and managing director at K-Ratio, said during the FreightWaves North American Supply Chain Summit on Tuesday.
Lintner led a lively discussion about the...
https://s29755.pcdn.co/news/sizing-up-the-future-of-contract-freight-in-uncertain-times