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Latam Cargo airlifts armored vehicles to Peru for Pope Leo visit

Two popemobiles that will be used during Pope Leo XIV’s visit to Peru arrived on Monday from Brazil aboard a Latam Airlines Group freighter aircraft, part of a special logistics operation carried out under contract to Peru’s Ministry of Foreign Affairs and in coordination with General Motors. The two Chevrolet vehicle…

FreightWaves Порты и суда
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Peak season inventory surge bolsters TL carriers’ double-digit rate ask

An October survey of supply chain executives confirmed what truckload carriers said on recent quarterly calls—that rates are likely to remain on the rise for the foreseeable future. The Logistics Managers’ Index, released Tuesday, showed further capacity declines alongside surging pricing. Q3 reports show carriers gea…

FreightWaves Порты и суда
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Benchmark diesel price is down; so is futures market in a big way

The benchmark price used for most fuel surcharges fell this week, but the focus in oil markets is on the huge decline in futures market prices recorded Monday. The Department of Energy/Energy Information Administration average weekly retail diesel price fell to $6.292/gallon, a decline of 6 cts/g, effective Monday, pu…

FreightWaves Порты и суда
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Waiting on EPA ‘27 rule, Rush says it might not be soon

With the trucking sector anticipating the release of the final rule by the Environmental Protection Agency on nitrogen oxide (NoX) standards–known colloquially as EPA ‘27–and what engines need to do to get there, one of the country’s biggest truck retailers took the issue head on its recent earnings call with analysts…

FreightWaves Порты и суда
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Amazon, retailers paid more for freight in 3Q

Higher fuel and transportation expenses weighed on retailers’ supply chains during the third quarter, even as fulfillment improvements helped some companies contain costs. Early reports from Amazon, Tractor Supply and Carter’s point to an uneven environment heading into the holiday season, with shipping inflation alon…

FreightWaves Порты и суда
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Mexico destroys 52 tons of avocados after pest discovery raises export concerns

Mexican avocado producers have destroyed up to 52 tons of fruit after authorities detected a destructive agricultural pest in shipments intended for international export to the U.S. and other destinations. The seed weevil pest raises concerns about potential disruptions to U.S.-Mexico avocado trade, which generates an…

FreightWaves Порты и суда
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Flexport volumes up 40% as headcount grows only 5%

Flexport’s freight volumes are up 40% from a year ago while its headcount has grown 5%, founder and CEO Ryan Petersen told FreightWaves. He credits the gap to artificial intelligence tools the company now runs across customs, routing and its own engineering teams. The AI has a limit in customs, the most regulated part…

FreightWaves Порты и суда
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World eroded its energy supply buffers since Iran war: ADNOC CEO

The world has eroded its supply buffers ​by depleting nearly 1 billion barrels of oil from global inventories since the U.S.-Israeli war on Iran disrupted shipping through the Stra...

Daily Sabah Business Порты и суда
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What the Mastio Rankings Actually Tell Shippers

When a shipper puts an LTL lane out to bid, price is the number everyone can compare in five minutes. Price, however, doesn’t say much about what happens six months into the contract. A rate quote doesn’t indicate whether a shipment arrives on the dock when it’s supposed to, whether the weight matches the bill of ladi…

FreightWaves Порты и суда
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C.H Robinson and Landstar stock prices slammed; insurance costs a factor

Strong financial numbers released between Tuesday and Wednesday by C.H. Robinson and Landstar were overshadowed on Wall Street by concern over one particular issue: insurance. Landstar kicked off the issue Tuesday afternoon with its third quarter earnings release that showed heavier than usual insurance charges. The C…

FreightWaves Порты и суда