FreightWaves

FreightWaves is a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain. The company provides near real-time information and forecasts on how economic, regulatory, geo-political, technological developments will impact logistics operations.

76%

The Daily's Verdict

This news site has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on its reporting.

Bias

80%

Examples:

  • The company may be contemplating another round of layoffs in the coming weeks, according to sources familiar with the matter.

Conflicts of Interest

50%

Examples:

  • The company is a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain.

Contradictions

100%

Examples:

No current examples available.

Deceptions

100%

Examples:

No current examples available.

Recent Articles

  • Flexport to Cut Another 20% of Staff in Third Round of Layoffs Since Early 2022

    Flexport to Cut Another 20% of Staff in Third Round of Layoffs Since Early 2022

    Broke On: Wednesday, 31 January 2024 Flexport, a digital freight forwarder that raised $8 billion in 2022, is set to slash another 20% of its workforce as CEO Ryan Petersen seeks to boost efficiency and profitability after years of expansion under former boss Dave Clark.
  • Maersk to Cut 10,000 Jobs Amid Worsening Market Conditions

    Broke On: Friday, 03 November 2023 A.P. Moller-Maersk plans to cut 10,000 jobs due to worsening market conditions and a significant drop in revenues. The shipping sector is facing overcapacity due to a slowdown in global trade, leading to a decrease in prices. Maersk's shares plunged 9%, having lost 23% of their value over the past 12 months.