

FreightWaves NOW
FreightWaves
FreightWaves NOW is your daily source for the most impactful news in logistics. We break down the complex world of freight—covering trucking, rail, air, and ocean markets—to bring you actionable insights. Whether you are a carrier, shipper, or broker, we provide the data-driven context you need to navigate a volatile market.
Episodes
Mentioned books

Feb 9, 2023 • 9min
OOIDA’s attention in the freight world
Jay Grimes - Director of Federal Affairs - OOIDA
ELD Removal Trend
SOTU
FMCSA Emergency Declaration Proposal
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Feb 9, 2023 • 4min
1st Carrier Update 02/09/2023
Which markets have gained market share this year?
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Feb 9, 2023 • 10min
Uber Freight announces Q4 Earnings and Diesel benchmark drops for the first time in 2 weeks
John Kingston - Editor at Large - FreightWaves
Topic: Uber Freight announces Q4 Earnings.
We’ve seen a lot of companies announce earnings that were even or better - even in tougher times. Uber Freight did not fare as well.
John you’ve seen a number of these earnings reports come in - what’s your general sense of how the freight industry is handling these tougher economic times.
Is there a difference between those that are doing better and those that have not fared as well.
Topic: Diesel benchmark drops for the first time in 2 weeks
Diesel marked at $4.54 on 2/6. This is the first mark we’ve seen with the Russian Oil Price cap in place - it doesn’t seem to have done much at least initially.
What are your impressions of this long term - will the Russian price cap have any effect?
We saw a jump in diesel prices coming off of the last set of IMO regulations - what do you see as the effect of IMO 2023 as it comes inti effect?
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Feb 8, 2023 • 5min
4th Carrier Update 02/08/2023
Lanes of the Day
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Feb 8, 2023 • 9min
Super Bowl Marketing
Blythe Brumleve - Digital Dispatch
-Google enters the AI arms race against Microsoft and ChatGPT
-Super Bowl Marketing
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Feb 8, 2023 • 5min
3rd Carrier Update 02/08/2023
Freight volumes and rejection rates pick up in Denver
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Feb 8, 2023 • 10min
Manifest and Krenar Komoni
Grace Sharkey reviews Manifest and interviews Krenar Komoni, Founder and CEO of Tive
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Feb 8, 2023 • 4min
2nd Carrier Update 02/08/2023
Dry van rejection rates fall to 3.33%
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Feb 8, 2023 • 9min
What to focus on during a volatile market
Amid a volatile market: take time to refocus on your foundation
Recruiting
Having the right roles in place to service customer and internal needs
Exploring nearshoring partners when possible to limit costs and streamline operations
Customer Satisfaction
Differentiate your business
Ensure that you are meeting the various needs of your customers and carrier relationships (evaluate for top performers)
Continue to build relationships so that when the market change again, you have those foundational elements in place
Going the extra mile - something that we talk about here at Metafora quite often. Want to make sure that your company is showing value and acting not just in a business sense but also as a partner where possible
Speaking to multiple industry veterans, in past cycles, they have noted the importance of the second bullet above
Internal Areas
Ensuring that you are supporting your resources with what they need to make decisions and assist customers
Robust processes, rules of engagement, training, etc.
Making sure that your company vision and how you want to treat customers is trickling down to the operational level and that your customers are reaping the benefits and rewards from that
Balanced, Diversified Approach
Cycles have tended to vary in duration and intensity.
Ensure that you are planning for worst-case scenarios and proactively responding to customers and the market to ensure the success and viability of your business
Do your best not to make decisions in a silo or for short-term gains that may affect the business more long term
Emotional Decision Making
Try not to let emotions feed business decisions and instead do your best to act off data and your overall company charter and vision
Hasty reactions can often have long-term effects that outlast a cycle
Do your best to rationalize
Past Cycles
Look at what has happened in past cycles and learn from what you did well/the mistakes that were made
Take best practices from the above and do your best to incorporate in the business and externally with customers
Reach out to your network when possible to gain additional insights and help if needed
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Feb 8, 2023 • 4min
1st Carrier Update 02/08/2023
Cheap diesel in OKC
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