News
Transports-only hedge fund manager hopeful despite ‘perfect negative storm’
Institutional investor Seth Holm said he’s upbeat on transportation stocks long term but noted the sector is in a “perfect negative storm,” with volumes under pressure, a collapse in pricing and roughly 50% inflation across…
Containerboard sector feeling pandemic-induced ‘hangover’
The containboard sector is feeling a pandemic-induced hangover. That’s according to Jon Rager, SVP of forest analytics at Fastmarkets, which provides commodity price reporting and economic analysis. Rager spoke Tuesday at…
National defense expert names 3 global supply chain hot spots to watch
Three areas of the world are of particular interest from an economic and supply chain perspective as international conflicts remain active, an official with a military college said. Speaking to FreightWaves CEO and founder…
19 States Challenge California on Emissions Legal Activism
Alabama is leading a 19-state coalition suing California and four other states in the U.S. Supreme Court over state legal fights against energy companies.
Cucumbers linked to ongoing Salmonella Africana outbreak
The Centers for Disease Control and Prevention, along with public health and regulatory officials in several states and the U.S. FDA, are investigating a multistate outbreak of Salmonella Africana infections potentially…
Air Products Plans Calif. Hydrogen Truck Refueling Network
Industrial gas giant Air Products plans to build a network of commercial-scale, multimodal hydrogen refueling stations stretching from Northern California to Southern California.
Truck Battery Cell Plant JV Hires Ford Exec Kearns as CEO
Kel Kearns is slated to be the CEO at the commercial vehicle battery cell manufacturing joint venture set up by Accelera by Cummins, Daimler Trucks & Buses U.S. Holding and Paccar Inc.
Flexport CEO says AI poised for big things in global supply chain
ATLANTA — Flexport CEO Ryan Petersen predicts that freight logistics will see a lot more AI usage, from ocean freight contract writing to other parts of the supply chain that currently involve manual input. “In five years we…
ATA’s Chris Spear earns $1.9M, but where are his results?
In May, the American Trucking Associations’ board of directors unanimously voted to extend the contract of current ATA President and CEO Chris Spear through 2029. The ATA, in a news release, cited Spear’s efficacy in…
FreightWaves honors 2024 Shipper of Choice award winners at FOSC
FreightWaves, in partnership with TriumphPay, announced the recipients of the prestigious 2024 Shipper of Choice awards during Future of Supply Chain in Atlanta on Wednesday. This award series pays tribute to 25 exceptional…
