FreightCasts · 11/10/2026 · 70 min
FreightWaves Today | November 10
Transcript (15 segments)
Speaker 7
when we look at, I mean, rejections aren't rising, but volume is and certainly when you look at it year over year, we're seeing some trends start to pick up a little bit.
Speaker 6
I've argued that consumer freight markets look like they're slowing down, but industrial is still doing strong.
Speaker 7
we're seeing less tender rejections because contract rates have gone up.
Speaker 6
So Jensen Wong, the CEO and founder of Nvidia,
Speaker 6
And there's a lot of nuances to this because we have export controls on exports to China.
Speaker 6
Overweight in the sector, it's overweight in Nvidia.
Speaker 8
TQL is aggressively pushing to dismiss the case on the grounds that it should be litigated in state court in Claremont, Ohio, not federal court in Texas, based on forum selection clauses in their carrier service contracts.
Speaker 8
China-based Cosco Shipping Holdings just reported an absolutely stunning 81% surge in third-quarter profit attributable to shareholders, reaching approximately $2.58 billion.
Speaker 8
Six pallets of Nvidia computer hardware worth a reported $11.4 million vanished during a shipment from Oakland to Fort Worth, Texas.
Speaker 6
And so a lot of it's state sponsored.
Speaker 9
You know, we're sort of looking at everything in from a peak season perspective and we've actually seen pretty good volume growth, certainly across truckload, certainly a very constrained market, that that you all have have been certainly talking about for a while now.
Speaker 9
We're working on higher value loads with them.
Speaker 10
we actually have over 250 agents, that take action on behalf of our customers.
Speaker 9
For us, it's not so much about having an AI strategy, it's about having a business strategy that is that is really enabled and supercharged by AI across all those all those processes.
Speaker 23
rates are up about 30% year on year, volumes are up maybe 6% year over year.