Global shipping costs soared after ongoing fighting upended flows from the Middle East and Russia, sending ships on longer voyages to secure supplies.

Boeing will convert a 767-300 passenger jet into a freighter for Icelease, which also took options for up to two more conversions, as the leasing company continues to grow its freighter portfolio, the companies announced on…

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…

Nearly 80% of the waste haulers using TrashLab’s software now rely on its AI agent, Haul-E, to answer inbound calls and capture after-hours orders. On Thursday, TrashLab said it raised $12 million to build more agents like…

U.S. manufacturing activity remained in growth mode for a 10th straight month in October, with most key demand indicators remaining positive. The Monday update supported mostly positive demand commentary provided by public…

More customers. More loads. More decisions that affect your bottom line. As your brokerage grows, it becomes harder to know whether the additional volume is delivering the profit you expect. The New Rules of Freight Brokerage…

Parcel carriers will deliver about 2.4 billion packages during the current peak shipping season, up 4% from the same period last year, despite high inflation, according to an estimate from ShipMatrix. The increase in parcel…

FreightWaves expert breaks down 20 years of freight market cycles, from the muted early 2000s to the current volatile environment. Discover how economic variables and policy changes have shaped boom and bust periods, leading…

FreightWaves Finance Editor Todd Maiden breaks down Q3 earnings. Capacity drawdown continues, but demand needs to catch up. LTL carriers showed demand improvement and managed costs, while truckload saw profit growth lag.…

ZET Scale, a shipper alliance, just placed the largest electric truck order in US history: 2,500 Tesla Class 8 trucks. Cristiano Façanha from Smart Freight Centre explains how this demand aggregation program is breaking the…