Tanker rates surge, Maersk still sailing through Strait of Hormuz
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The Nerve Center of the Global Supply Chain
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NEWSLETTER BROUGHT TO YOU BY — CUMMINS
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On tomorrow’s roads, uncertainty reigns. But with improved fuel efficiency, unflinching power and 25+ years of built-in experience, the 2027 X15 stands ready to rise above it. Learn more.
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Diesel continues to outpace crude benchmarks, but those prices are up less than 2% an hour after trading began
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Get FreightWaves Daily in Audio Format
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Prefer to listen instead of read? Catch the same insights from our daily newsletter—delivered in a quick, on-the-go audio format. Stay informed wherever you are.
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Crude oil prices nearing $77 a barrel
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Company generates $88B in revenue after starting as an air-ground network with handful of aircraft
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Awards to be presented at Supply Chain AI Symposium in Washington, DC
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Net revocations are 16% higher y/y
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Scott Cornell of Travelers Insurance breaks down alarming new trends in cargo theft Learn More.
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New cross-border developments from Evans Transportation, Geodis Logistics, DP World and We Store Frozen reflect growing trade volumes between the U.S. and Mexico.
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Benchmark your current capabilities against the industry’s new direction, and see why platforms like Shipium are built for what’s next. Learn More.
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In Partnership with SONAR
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In Partnership with BlueGrace and Trimble
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In Partnership with Descartes
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The market heats up in Phoenix
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SONAR Key Market Insights: Phoenix, Arizona
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Phoenix, Arizona, has been a market of relative stability for the past 3.5 months as rejections stayed below 4%. After a 1.53% increase week over week, rejections have risen to 4.02%.
The national average is 5.74%, meaning that Phoenix is still factoring contracted freight rates over spot rates, but the tide is beginning to shift.
Shippers can expect to see contract compliance erode over the next few weeks as the Fourth of July holiday rolls around, but compliance will still be strong in Phoenix compared to the rest of the country.
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Courtesy of Trimble & Deloitte
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“Fred was more than just the pioneer of an industry and the founder of our great company. He was the heart and soul of FedEx – its People-Service-Profit culture, values, integrity, and spirit. He was a mentor to many and a source of inspiration to all. He was also a proud father, grandfather, husband, Marine, and friend. Please keep the entire Smith family in your thoughts and prayers during this difficult time.”
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Registration Now Open for Supply Chain AI Symposium in Washington, D.C.
The future of freight is intelligent. Are you ready?
The Supply Chain AI Symposium, which will be held at the International Spy Museum in Washington, D.C., on July 30, is your exclusive opportunity to delve into the transformative power of artificial intelligence. Join business leaders, pioneering technologists and leading supply chain companies to explore how AI is revolutionizing transportation, logistics and supply chain management.
Whether you lead a Fortune 100 supply chain, build AI models or sling freight for a living, this symposium offers a unique opportunity to explore how AI is being implemented in the world of the supply chain. Gain insights into cutting-edge advancements, practical applications and trends shaping the freight industry.
Space is limited, so register now to save your spot!
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FWTV EVENT | JULY 23, 2025
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WASHINGTON, DC | JULY 30, 2025
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DALLAS, TX | SEPTEMBER 2025
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