5 days ago
ATLANTA, Oct 30 (Reuters) - US Secretary of State Marco Rubio and Brazilian Foreign Minister Mauro Vieira spoke briefly at a Group of 20 foreign ministers meeting and agreed to meet in coming weeks before a G20 leaders summit, a source familiar with the plans said.
A Brazilian official downplayed tensions over Brazil's failure to approve Trump's pick as ambassador and the re-election of Brazilian President Luiz Inacio Lula da Silva.
Vieira took part in the G20 meeting, which was hosted by Rubio in Atlanta. The two ministers agreed to meet again before G20 leaders meet in Miami in December.
The plan for the two to meet again, first reported by Bloomberg, reflects a desire by the two countries to move on after discord over the ambassador's visa and the US decision to grant a visa to Brazilian Senator Flavio Bolsonaro after his election loss to the leftist incumbent Lula.
"We're clearly not politicizing the issue, as we haven't in other situations regarding Brazilian citizens who have fled to the US," the Brazilian official said.
#brazilian #vieira #agreed
A Brazilian official downplayed tensions over Brazil's failure to approve Trump's pick as ambassador and the re-election of Brazilian President Luiz Inacio Lula da Silva.
Vieira took part in the G20 meeting, which was hosted by Rubio in Atlanta. The two ministers agreed to meet again before G20 leaders meet in Miami in December.
The plan for the two to meet again, first reported by Bloomberg, reflects a desire by the two countries to move on after discord over the ambassador's visa and the US decision to grant a visa to Brazilian Senator Flavio Bolsonaro after his election loss to the leftist incumbent Lula.
"We're clearly not politicizing the issue, as we haven't in other situations regarding Brazilian citizens who have fled to the US," the Brazilian official said.
#brazilian #vieira #agreed
10 days ago
By Lisandra Paraguassu, Brendan O'Boyle and Luciana Magalhaes
SAO PAULO, Oct 25 (Reuters) - Brazilian President Luiz Inacio Lula da Silva won a historic fourth term on Sunday, the country's electoral court said, in a shock result that defied polls, precedent and global anti-incumbent sentiment to put the brakes on a wave of right-wing election victories across Latin America.
However, his opponent Senator Flavio Bolsonaro, the eldest son of former President Jair Bolsonaro, refused to accept defeat and said he would ask for the result to be annulled due to a Sunday ruling from a Supreme Court justice that extended voting for two hours.
Bolsonaro led the election's first round but lost in the runoff by over 4 million votes, rattling Brazilian financial markets which had bet on his victory. His refusal to concede defeat has echoes of his father's reaction after losing to Lula in 2022. Jair Bolsonaro never accepted his loss and was later sentenced by the Supreme Court to 27-years in prison for plotting a coup to remain in power.
The scale of Flavio Bolsonaro's loss to Lula — by more than twice his father's losing margin — and the fact his campaign also asked for an extension due to rains in the conservative-leaning south make any annulment unlikely, **** ysts said.
#bolsonaro #lula #supreme
SAO PAULO, Oct 25 (Reuters) - Brazilian President Luiz Inacio Lula da Silva won a historic fourth term on Sunday, the country's electoral court said, in a shock result that defied polls, precedent and global anti-incumbent sentiment to put the brakes on a wave of right-wing election victories across Latin America.
However, his opponent Senator Flavio Bolsonaro, the eldest son of former President Jair Bolsonaro, refused to accept defeat and said he would ask for the result to be annulled due to a Sunday ruling from a Supreme Court justice that extended voting for two hours.
Bolsonaro led the election's first round but lost in the runoff by over 4 million votes, rattling Brazilian financial markets which had bet on his victory. His refusal to concede defeat has echoes of his father's reaction after losing to Lula in 2022. Jair Bolsonaro never accepted his loss and was later sentenced by the Supreme Court to 27-years in prison for plotting a coup to remain in power.
The scale of Flavio Bolsonaro's loss to Lula — by more than twice his father's losing margin — and the fact his campaign also asked for an extension due to rains in the conservative-leaning south make any annulment unlikely, **** ysts said.
#bolsonaro #lula #supreme
1 month ago
(Bloomberg) -- President Donald Trump said the US was looking into a suspected plague case in Russia following the death of a worker at a laboratory and would offer authorities there ******* istance.
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#Russia
Most Read from Bloomberg
Manchester City Verdict Strains UK-UAE Diplomatic Relations
New Hazard for Treasuries Hides in Bond Futures' Fine Print
Bolsonaro Pushes Lula to Brink of Defeat Ahead of Runoff
#Russia
1 month ago
President Donald Trump on Thursday said he is following the upcoming Brazilian election “very closely,” referring to Brazil as a “very important" country. "The people of Brazil are fantastic people,” he told reporters outside the White House. “It’s a very important election.”
The U.S. State Department later announced the suspension of its consular services in Brazil ahead of the election taking place on Sunday, citing unspecified security concerns. “U.S. citizens seeking emergency ****** istance during this time should not come to the Embassy, the Consulates, or other U.S. diplomatic facilities,” the security alert advised.
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Brazilians are heading to the polls for a set of federal elections spanning congressional and gubernatorial races, alongside the first round of the presidential election votes. It’s set to be a decisive moment for Latin America’s largest nation, as the region has seen a shift toward the right in recent years. An Oct. 25 runoff is expected, as polls show a tight contest between leftist President Luiz Inácio Lula da Silva and far-right Sen. Flávio Bolsonaro, the son of former President Jair Bolsonaro, who was convicted last year for plotting a coup to overturn his 2022 election loss. Trump led the conservative voices denouncing the conviction, referring to the trial as a “witch hunt.”
While Trump has acknowledged his active interest as Brazil votes on its political future, there are concerns he could be too involved. Trump and his Administration have been accused of attempting to interfere with the high-stakes overseas election.
#Brazil #important #people
The U.S. State Department later announced the suspension of its consular services in Brazil ahead of the election taking place on Sunday, citing unspecified security concerns. “U.S. citizens seeking emergency ****** istance during this time should not come to the Embassy, the Consulates, or other U.S. diplomatic facilities,” the security alert advised.
Recommended Stories
Brazilians are heading to the polls for a set of federal elections spanning congressional and gubernatorial races, alongside the first round of the presidential election votes. It’s set to be a decisive moment for Latin America’s largest nation, as the region has seen a shift toward the right in recent years. An Oct. 25 runoff is expected, as polls show a tight contest between leftist President Luiz Inácio Lula da Silva and far-right Sen. Flávio Bolsonaro, the son of former President Jair Bolsonaro, who was convicted last year for plotting a coup to overturn his 2022 election loss. Trump led the conservative voices denouncing the conviction, referring to the trial as a “witch hunt.”
While Trump has acknowledged his active interest as Brazil votes on its political future, there are concerns he could be too involved. Trump and his Administration have been accused of attempting to interfere with the high-stakes overseas election.
#Brazil #important #people
2 months ago
See how leading shippers are using their own freight data to find where they're overpaying, where service risk is building, and where they can save — live and in real time.
Shippers have spent years being told to let the data drive decisions. The harder problem has always been getting the right data, in the right context, fast enough to actually act on it.
SONAR's new SCI: Custom Insights is designed to close that gap — and on Thursday, October 1st at 2:30 PM ET, SONAR is hosting a free live demo so shippers can see exactly how it works.
Register free here.
What SCI: Custom Insights Does
#data #live
Shippers have spent years being told to let the data drive decisions. The harder problem has always been getting the right data, in the right context, fast enough to actually act on it.
SONAR's new SCI: Custom Insights is designed to close that gap — and on Thursday, October 1st at 2:30 PM ET, SONAR is hosting a free live demo so shippers can see exactly how it works.
Register free here.
What SCI: Custom Insights Does
#data #live
2 months ago
On September 14, Coda Octopus Group (NASDAQ:CODA) reported third-quarter fiscal 2026 results that quietly crossed a threshold the company had never reached in its public history: positive retained earnings, after years of operating at an accumulated deficit. Revenue rose 9.2% year over year to $7.7 million, and pretax income climbed 16% to $1.8 million, even as instability in the Middle East knocked down the marine technology unit that has long been the company's calling card. The reason the quarter held together anyway comes down to where the growth actually showed up.
Defense engineering revenue jumped 68.3% to $2.7 million during the quarter, and the momentum did not look like a one-time ****** p. Sustainment spares orders have already topped $2.4 million year to date, and one prime contractor customer's new multiyear repair and sustainment award has since fed additional subcontract work back to Coda Octopus. On the newer end of the business, the company's US defense engineering team is now supporting several prime contractors building rugged, deployable RF electronic warfare systems for unmanned platforms, helicopters, airborne pods, and ground vehicles.
The DAVID diving system added its own proof points. Coda Octopus has delivered 24 DAVID systems to the US Navy to date, including 16 untethered units earlier in the year, and the Navy's authorization for use ****** sment on that untethered system was completed during the year, clearing it for full operational deployment. Since the quarter closed, the Navy has placed about $1.4 million in additional orders covering tethered systems and DAVID Flex adoption, including four units bought specifically for diving school and academy training. A European navy that already bought in is also expected to firm up a procurement roadmap later this year, while the new Nano sonar is being tested by subsea robotics OEMs and research groups for next-generation autonomous platforms. All of that arrived alongside $31.7 million in cash, no debt, and a balance sheet management says can fund acquisitions.
None of that offsets what happened in marine technology, the segment that still generates the largest share of revenue. Marine tech sales fell 15.2% to $3.4 million as customer activity slowed across the Middle East and parts of Asia, and hardware revenue specifically dropped 17.8% to $2.3 million. Improved rental utilization, with rental revenue up 131.1%, cushioned the blow but did not reverse it, and management has tied the weakness directly to geopolitical conditions it cannot control.
#revenue #david
Defense engineering revenue jumped 68.3% to $2.7 million during the quarter, and the momentum did not look like a one-time ****** p. Sustainment spares orders have already topped $2.4 million year to date, and one prime contractor customer's new multiyear repair and sustainment award has since fed additional subcontract work back to Coda Octopus. On the newer end of the business, the company's US defense engineering team is now supporting several prime contractors building rugged, deployable RF electronic warfare systems for unmanned platforms, helicopters, airborne pods, and ground vehicles.
The DAVID diving system added its own proof points. Coda Octopus has delivered 24 DAVID systems to the US Navy to date, including 16 untethered units earlier in the year, and the Navy's authorization for use ****** sment on that untethered system was completed during the year, clearing it for full operational deployment. Since the quarter closed, the Navy has placed about $1.4 million in additional orders covering tethered systems and DAVID Flex adoption, including four units bought specifically for diving school and academy training. A European navy that already bought in is also expected to firm up a procurement roadmap later this year, while the new Nano sonar is being tested by subsea robotics OEMs and research groups for next-generation autonomous platforms. All of that arrived alongside $31.7 million in cash, no debt, and a balance sheet management says can fund acquisitions.
None of that offsets what happened in marine technology, the segment that still generates the largest share of revenue. Marine tech sales fell 15.2% to $3.4 million as customer activity slowed across the Middle East and parts of Asia, and hardware revenue specifically dropped 17.8% to $2.3 million. Improved rental utilization, with rental revenue up 131.1%, cushioned the blow but did not reverse it, and management has tied the weakness directly to geopolitical conditions it cannot control.
#revenue #david
2 months ago
SAO PAULO (AP) — Brazilian presidential candidate Sen. Flávio Bolsonaro is under investigation for corruption, money laundering and tax evasion for receiving millions of dollars from a disgraced banker to finance a movie about his father, former President Jair Bolsonaro.
Brazil's top court unsealed several documents late Thursday that show Sen. Bolsonaro, President Luiz Inácio Lula da Silva's primary opponent, is under investigation for receiving 61 million reais ($12 million) from a banker at the center of a corruption scandal to produce an unreleased movie ******* led "The Dark Horse."
The investigation, which centers on whether the Bolsonaro family misused the funds and whether the payments were properly reported to Brazilian authorities, threatens to undermine Sen. Bolsonaro's bid for the presidency. The first round of elections is slated for Oct. 4, and the senator is locked in a tight race with Lula.
The banker, Daniel Vorcaro, who was arrested in March, is accused of defrauding many of Banco Master's 800,000 clients, including several state government pension funds, out of hundreds of millions of dollars by convincing them to make questionable investments. The scandal has engulfed several high-ranking officials in Brazil.
The allegations first became public in May. Sen. Bolsonaro has denied any wrongdoing and said Friday during a campaign event in the Amazonian city of Manaus that he was seeking private investment for the movie.
#bolsonaro #brazilian #president #receiving
Brazil's top court unsealed several documents late Thursday that show Sen. Bolsonaro, President Luiz Inácio Lula da Silva's primary opponent, is under investigation for receiving 61 million reais ($12 million) from a banker at the center of a corruption scandal to produce an unreleased movie ******* led "The Dark Horse."
The investigation, which centers on whether the Bolsonaro family misused the funds and whether the payments were properly reported to Brazilian authorities, threatens to undermine Sen. Bolsonaro's bid for the presidency. The first round of elections is slated for Oct. 4, and the senator is locked in a tight race with Lula.
The banker, Daniel Vorcaro, who was arrested in March, is accused of defrauding many of Banco Master's 800,000 clients, including several state government pension funds, out of hundreds of millions of dollars by convincing them to make questionable investments. The scandal has engulfed several high-ranking officials in Brazil.
The allegations first became public in May. Sen. Bolsonaro has denied any wrongdoing and said Friday during a campaign event in the Amazonian city of Manaus that he was seeking private investment for the movie.
#bolsonaro #brazilian #president #receiving
2 months ago
Kraken Robotics (OTC: KRKNF) stock has been struggling lately. The company's share price hit a lifetime high of $8.13 per share in March, soon after it was announced that the marine technologies company was acquiring Covelya for 615 million Canadian dollars, but its stock has now lost more than half of its value since hitting that valuation peak.
Valuation multiples for next-generation defense tech companies have generally come down in subsequent trading. Investors are concerned about the potential integration risks with the Covelya acquisition, and the company's recent second-quarter report showed relatively modest growth. As a result, Kraken stock is now trading down roughly 21% year-to-date and 55% from its 2026 high.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Should investors be buying the stock in September?
Kraken Robotic is a leading provider of subsea batteries for uncrewed underwater vehicles (UUVs), synthetic aperture sonar (SAS) for ocean-floor mapping, and other subsea intelligence and navigation solutions. Through its acquisition of Covelya, the company has also significantly broadened its product portfolio and expanded its capabilities in positioning, scanning, and overall subsea robotics.
#kraken #subsea
Valuation multiples for next-generation defense tech companies have generally come down in subsequent trading. Investors are concerned about the potential integration risks with the Covelya acquisition, and the company's recent second-quarter report showed relatively modest growth. As a result, Kraken stock is now trading down roughly 21% year-to-date and 55% from its 2026 high.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Should investors be buying the stock in September?
Kraken Robotic is a leading provider of subsea batteries for uncrewed underwater vehicles (UUVs), synthetic aperture sonar (SAS) for ocean-floor mapping, and other subsea intelligence and navigation solutions. Through its acquisition of Covelya, the company has also significantly broadened its product portfolio and expanded its capabilities in positioning, scanning, and overall subsea robotics.
#kraken #subsea
2 months ago
Chris Sails, best known for his popular YouTube channel Chris and Queen with his ex-wife, has often remained in the spotlight through his YouTube videos and music. However, this time, the YouTuber is facing legal trouble after police alleged that he falsely claimed his children had fallen into a body of water.
According to TMZ, citing court documents, the Waller County Sheriff's Office responded to a call on Aug. 16 about a suspicious person running and jumping onto residents' cars.
The documents state that an officer arrived at the scene and found Sails sitting in the roadway near a light pole and appearing to pray. Moments later, the officer said Sails began rolling around in the street.
During questioning, police claim Sails told them that his children had fallen into a body of water directly behind his home. Authorities immediately deployed fire department vehicles, search-and-rescue boats, specialized sonar equipment and aerial drones to search for them.
However, officers later learned that family members had the children safely in their care and ended the search.
#search #chris #youtube #however
According to TMZ, citing court documents, the Waller County Sheriff's Office responded to a call on Aug. 16 about a suspicious person running and jumping onto residents' cars.
The documents state that an officer arrived at the scene and found Sails sitting in the roadway near a light pole and appearing to pray. Moments later, the officer said Sails began rolling around in the street.
During questioning, police claim Sails told them that his children had fallen into a body of water directly behind his home. Authorities immediately deployed fire department vehicles, search-and-rescue boats, specialized sonar equipment and aerial drones to search for them.
However, officers later learned that family members had the children safely in their care and ended the search.
#search #chris #youtube #however
2 months ago
Discover how intermodal freight is delivering massive savings in today's volatile market. As truckload spot and contract rates stabilize, intermodal options provide a crucial cost-saving advantage, especially on key lanes. Learn where to find the biggest savings and how shifting modes can optimize your freight spend.
Intermodal savings have surged to their highest level in several years, driven by a widening gap between rising truckload rates and relatively flat intermodal pricing, according to FreightWaves SONAR data presented by Julie Van de Kamp during a live update from the College Football Hall of Fame.
On the Harrisburg, Pennsylvania, to Atlanta lane — one of the top savings lanes in SONAR's intermodal dashboard — van spot truckload rates are up approximately 42%, van contract rates are up about 26%, and intermodal rates have risen only 16%, making a compelling case for mode conversion. East Coast corridors, particularly those out of Atlanta and Harrisburg, are leading the savings rankings, with lanes including Atlanta to Chicago, Atlanta to Joliet, Atlanta to Elizabeth, New Jersey, and Harrisburg to both Ontario, California, and Los Angeles all trending upward in the savings index over the most recent three months.
"That is such a good reason to consider mode conversion, take advantage of those savings, and understand where that helps even in a backhaul lane like what would typically be PA to Chicago at a length of haul that's not transcon," said Julie Van de Kamp.
The broader market context reinforces the intermodal value proposition. Tender rejections saw a significant drop from July 20 to August 5 but are now stabilizing, and spot rates, while down from earlier peaks year to date, are also leveling off. Meanwhile, contract truckload rates continue to rise, narrowing the gap between spot and contract. Van de Kamp noted a roughly 66-cent-per-mile spread between spot rates on the NTI and contract rates on the VCRPM1, though she cautioned that spot rates are all-in while contract rates are linehaul only — with fuel surcharges running approximately $0.70 per mile based on a Department of Energy estimate of around $45.
#spot #kamp
Intermodal savings have surged to their highest level in several years, driven by a widening gap between rising truckload rates and relatively flat intermodal pricing, according to FreightWaves SONAR data presented by Julie Van de Kamp during a live update from the College Football Hall of Fame.
On the Harrisburg, Pennsylvania, to Atlanta lane — one of the top savings lanes in SONAR's intermodal dashboard — van spot truckload rates are up approximately 42%, van contract rates are up about 26%, and intermodal rates have risen only 16%, making a compelling case for mode conversion. East Coast corridors, particularly those out of Atlanta and Harrisburg, are leading the savings rankings, with lanes including Atlanta to Chicago, Atlanta to Joliet, Atlanta to Elizabeth, New Jersey, and Harrisburg to both Ontario, California, and Los Angeles all trending upward in the savings index over the most recent three months.
"That is such a good reason to consider mode conversion, take advantage of those savings, and understand where that helps even in a backhaul lane like what would typically be PA to Chicago at a length of haul that's not transcon," said Julie Van de Kamp.
The broader market context reinforces the intermodal value proposition. Tender rejections saw a significant drop from July 20 to August 5 but are now stabilizing, and spot rates, while down from earlier peaks year to date, are also leveling off. Meanwhile, contract truckload rates continue to rise, narrowing the gap between spot and contract. Van de Kamp noted a roughly 66-cent-per-mile spread between spot rates on the NTI and contract rates on the VCRPM1, though she cautioned that spot rates are all-in while contract rates are linehaul only — with fuel surcharges running approximately $0.70 per mile based on a Department of Energy estimate of around $45.
#spot #kamp
3 months ago
Something metallic turned up under a garden in a quiet Tallinn suburb in 1969, and the Soviets spent the next twenty years trying to get it out, bringing in excavators and scientists and military, borrowing the house from its owners and living in it, digging on and off until perestroika ended the whole effort and they walked away. Astrophysicist Dr. Beatriz Villarroel and Ocean X co-founder Dennis Åsberg went to that address to find out what is still down there. ****** ody came to the door, but the neighbor who had watched all of it from his window talked to them for an hour.
This is their full conversation with Ross Coulthart, recorded for "Secret Soviet UFOs" and running well past what the special had room for. Villarroel walks through the peer-reviewed work that brought her to Estonia, highly reflective objects photographed in orbit years before anyone on Earth had launched a satellite, and why she thinks the same search belongs in the ground. Åsberg ties Merivälja to the Baltic Sea anomaly his team found on sonar roughly 300 kilometers away and argues that both could predate the last ice age. Between them, they count five European cases and will not give up the coordinates of one of them. What ****** ody can answer yet is what sits under that garden, and the only thing that would settle it is ground-penetrating radar in the yard of a man who has already told them no.
Copyright 2026 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.For the latest news, weather, sports, and streaming video, head to NewsNation.
#nobody #sberg #tallinn
This is their full conversation with Ross Coulthart, recorded for "Secret Soviet UFOs" and running well past what the special had room for. Villarroel walks through the peer-reviewed work that brought her to Estonia, highly reflective objects photographed in orbit years before anyone on Earth had launched a satellite, and why she thinks the same search belongs in the ground. Åsberg ties Merivälja to the Baltic Sea anomaly his team found on sonar roughly 300 kilometers away and argues that both could predate the last ice age. Between them, they count five European cases and will not give up the coordinates of one of them. What ****** ody can answer yet is what sits under that garden, and the only thing that would settle it is ground-penetrating radar in the yard of a man who has already told them no.
Copyright 2026 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.For the latest news, weather, sports, and streaming video, head to NewsNation.
#nobody #sberg #tallinn
3 months ago
Freight broker insurance is in a frenzy, and premium hikes are getting ugly. Thom Albrecht helps break down how the CH Robinson verdict, underwriting pullback and cargo theft are driving double-digit to triple-digit cost increases for brokers.He also explains what's changing in excess liability, why some underwriters are exiting the market, and what carriers and brokers should watch into peak season. If you move freight, this is a real cost story—not noise.
Freight broker insurance has entered a full-blown pricing crisis, with excess liability coverage costs rising 50% to triple digits and even primary coverage climbing sharply in the double digits — all since a pair of legal shocks hit the market this spring. The turmoil is forcing brokers to rethink coverage limits, vendor technology relationships, and renewal strategies ahead of what ***** ysts expect will be a prolonged inflationary environment.
The disruption unfolded in three phases, according to Thom Albrecht, who discussed the market dynamics during this SONAR Market Update. The first was "total chaos" following the Montgomery Supreme Court decision on May 14, which exposed brokers to motor-carrier-style liability. A brief calm in June ended abruptly on July 23, when the C.H. Robinson verdict — a $135 million judgment — rattled underwriters again. "We've seen two underwriters exit the market, basically backing the paper over in London," Albrecht said. "So there's gonna be fewer options, a very inflationary environment, and there's gonna be more questions that are asked of freight brokers than ever before as they go through their renewals."
On primary coverage — the first $5 million of freight broker auto liability, or FBAL — Albrecht said increases are running in the "middle" double digits, well above 10% but short of 90%. For excess or surplus coverage above $5 million, the picture is far worse. Smaller brokers with gross revenues of $30 million to $40 million that were paying roughly $10,000 a year for coverage could now face bills of $30,000 to $40,000. Larger brokers seeking excess capacity above $5 million are confronting 50% to 60% increases at the low end and triple-digit hikes at the top.
"The word to use is it's a total frenzy right now," Albrecht said, describing the post-verdict insurance environment for freight brokers.
#coverage #market #liability #insurance
Freight broker insurance has entered a full-blown pricing crisis, with excess liability coverage costs rising 50% to triple digits and even primary coverage climbing sharply in the double digits — all since a pair of legal shocks hit the market this spring. The turmoil is forcing brokers to rethink coverage limits, vendor technology relationships, and renewal strategies ahead of what ***** ysts expect will be a prolonged inflationary environment.
The disruption unfolded in three phases, according to Thom Albrecht, who discussed the market dynamics during this SONAR Market Update. The first was "total chaos" following the Montgomery Supreme Court decision on May 14, which exposed brokers to motor-carrier-style liability. A brief calm in June ended abruptly on July 23, when the C.H. Robinson verdict — a $135 million judgment — rattled underwriters again. "We've seen two underwriters exit the market, basically backing the paper over in London," Albrecht said. "So there's gonna be fewer options, a very inflationary environment, and there's gonna be more questions that are asked of freight brokers than ever before as they go through their renewals."
On primary coverage — the first $5 million of freight broker auto liability, or FBAL — Albrecht said increases are running in the "middle" double digits, well above 10% but short of 90%. For excess or surplus coverage above $5 million, the picture is far worse. Smaller brokers with gross revenues of $30 million to $40 million that were paying roughly $10,000 a year for coverage could now face bills of $30,000 to $40,000. Larger brokers seeking excess capacity above $5 million are confronting 50% to 60% increases at the low end and triple-digit hikes at the top.
"The word to use is it's a total frenzy right now," Albrecht said, describing the post-verdict insurance environment for freight brokers.
#coverage #market #liability #insurance
3 months ago
New integration embeds SONAR rates and coverage difficulty across FleetWorks' AI phone, email, and SMS workflows to help brokers and carriers book with more confidence.
San Francisco, CA August 13, 2026 — FleetWorks, the AI marketplace that matches brokers and carriers at scale, and SONAR, the leading freight market data and supply chain intelligence tool, today announced a partnership that brings SONAR's TRAC rates and coverage scores into FleetWorks' AI agents platform-wide. The integration is live now for any carrier using the FleetWorks platform as well as brokers who are both FleetWorks and SONAR customers, giving broker teams verified market context at the moment they quote, negotiate, and cover freight.
Freight moves faster than the systems most brokerages use to book it. A carrier sales rep negotiating a load typically has the conversation in one place and the market data in another — a SONAR dashboard, a rate tool, an account manager or pricing ****** yst on Teams. By the time the context arrives, the carrier has hung up or the load has been covered by someone who answered first. The same gap exists for AI agents: automation built around a brokerage's min/max spread, without current market data, misses key insights in a dynamic market..
The partnership closes that gap. SONAR's high frequency data now feeds directly into FleetWorks' AI agents across every channel the platform supports — phone, email, and SMS. When a FleetWorks agent works a carrier or load, it references SONAR's current spot rate and live market conditions as it works toward a bookable price within the broker's guardrails. When market conditions fall outside those guardrails, the agent escalates to a person with the SONAR context attached. Brokers input rate tolerances, and approval or escalation rules; SONAR supplies the ground truth those controls act on.
Mutual broker teams can now:
#sonar #freight
San Francisco, CA August 13, 2026 — FleetWorks, the AI marketplace that matches brokers and carriers at scale, and SONAR, the leading freight market data and supply chain intelligence tool, today announced a partnership that brings SONAR's TRAC rates and coverage scores into FleetWorks' AI agents platform-wide. The integration is live now for any carrier using the FleetWorks platform as well as brokers who are both FleetWorks and SONAR customers, giving broker teams verified market context at the moment they quote, negotiate, and cover freight.
Freight moves faster than the systems most brokerages use to book it. A carrier sales rep negotiating a load typically has the conversation in one place and the market data in another — a SONAR dashboard, a rate tool, an account manager or pricing ****** yst on Teams. By the time the context arrives, the carrier has hung up or the load has been covered by someone who answered first. The same gap exists for AI agents: automation built around a brokerage's min/max spread, without current market data, misses key insights in a dynamic market..
The partnership closes that gap. SONAR's high frequency data now feeds directly into FleetWorks' AI agents across every channel the platform supports — phone, email, and SMS. When a FleetWorks agent works a carrier or load, it references SONAR's current spot rate and live market conditions as it works toward a bookable price within the broker's guardrails. When market conditions fall outside those guardrails, the agent escalates to a person with the SONAR context attached. Brokers input rate tolerances, and approval or escalation rules; SONAR supplies the ground truth those controls act on.
Mutual broker teams can now:
#sonar #freight
3 months ago
SAO PAULO, Aug 11 (Reuters) - Brazil's President Luiz Inacio Lula da Silva's advantage over Senator Flavio Bolsonaro in a potential runoff ahead of October's general election narrowed, a CNT/MDA poll showed on Tuesday.
Lula would receive 48.0% of the votes in a runoff, compared with 39.1% for Flavio Bolsonaro, son of former President Jair Bolsonaro, according to the poll.
In a June survey, Lula was seen with 49.3% of the votes, and Bolsonaro with 36.8%.
In a first-round scenario, Lula would lead with 42.4% of the votes, virtually unchanged from the June survey, followed by Bolsonaro's 28.7%, Ronaldo Caiado's 4.0%, Romeu Zema's 3.3% and Renan Santos' 2.8%.
If no candidate wins more than 50% of valid votes in the first round, the two frontrunners advance to a runoff.
#votes #president #june
Lula would receive 48.0% of the votes in a runoff, compared with 39.1% for Flavio Bolsonaro, son of former President Jair Bolsonaro, according to the poll.
In a June survey, Lula was seen with 49.3% of the votes, and Bolsonaro with 36.8%.
In a first-round scenario, Lula would lead with 42.4% of the votes, virtually unchanged from the June survey, followed by Bolsonaro's 28.7%, Ronaldo Caiado's 4.0%, Romeu Zema's 3.3% and Renan Santos' 2.8%.
If no candidate wins more than 50% of valid votes in the first round, the two frontrunners advance to a runoff.
#votes #president #june
3 months ago
The body of a 10-year-old girl who went missing after being swept into New Jersey's Passaic River was found July 31 after a two-day search, officials said.
Passaic Mayor Hector Lora said crews recovered the girl's body in the river south of the Market Street Bridge shortly before 7 p.m. Friday, July 31. The child was identified as Milian Dulan, according to PIX11.
The discovery came after emergency crews searched nearly 9 miles of the Passaic River using boats, sonar equipment, drones, helicopters and cadaver dogs. The search began July 29 after three children entered the water near a boat ramp at Pulaski Park in Passaic, New Jersey, and were swept away by the current.
One child, an 11-year-old girl, was able to get out of the river on her own, officials said. The bodies of her 10-year-old brother, identified by PIX11 as Michael Klenk, and Dulan were later recovered, officials said.
Authorities were preparing to end the search for the night Friday when a couple living near the Market Street Bridge reported seeing something in the river from their apartment window, CBS News reported.
#search
Passaic Mayor Hector Lora said crews recovered the girl's body in the river south of the Market Street Bridge shortly before 7 p.m. Friday, July 31. The child was identified as Milian Dulan, according to PIX11.
The discovery came after emergency crews searched nearly 9 miles of the Passaic River using boats, sonar equipment, drones, helicopters and cadaver dogs. The search began July 29 after three children entered the water near a boat ramp at Pulaski Park in Passaic, New Jersey, and were swept away by the current.
One child, an 11-year-old girl, was able to get out of the river on her own, officials said. The bodies of her 10-year-old brother, identified by PIX11 as Michael Klenk, and Dulan were later recovered, officials said.
Authorities were preparing to end the search for the night Friday when a couple living near the Market Street Bridge reported seeing something in the river from their apartment window, CBS News reported.
#search
3 months ago
SummaryView Transcript
The freight market is seeing a major shift: capacity is tightening due to regulatory pressures and driver challenges, not just demand. Discover how these factors, alongside diverging spot rates and diesel prices, are impacting carriers and the overall supply chain. This deep dive into Q2 earnings from major players like Knight-Swift, Werner, and J.B. Hunt reveals a long-term trend.Learn more about the evolving dynamics of the trucking industry and what it means for the future of freight.
Truckload spot rates and diesel prices are moving in opposite directions, a divergence that supports the thesis that tight capacity — not fuel costs — is sustaining elevated freight rates. The Sonar NTI sat at $3.51 per mile as of the latest reading, climbing back from a mid-to-late June low near $4.90, while the diesel price at truck stops registered $3.48 per gallon, down from a July high near $3.80. The spread signals that carriers are holding rates even as fuel costs ease.
Tender rejections remain well above historical norms across all modes, according to Sonar data. The Sonar Truckload Rejection Index, or STRI, stands at 14.36%, above the six-month average of roughly 10.9%. Flatbed is the tightest mode at 23% rejections — down sharply from the 40% range seen in June and early July but still historically elevated. Reefer rejections sit at 19.46%, or nearly one in five loads, while van rejections are running nearly 50% above year-ago levels.
Recent carrier earnings are reinforcing the capacity-constraint narrative. Knight-Swift reported that its truckload segment operating income rose 69% year over year, with the carrier noting that strategic pricing recovery accelerated in June as recent bids took effect. The company described rapid tightening in supply-driven dynamics and tender rejections reaching levels not seen since 2021.
#capacity
The freight market is seeing a major shift: capacity is tightening due to regulatory pressures and driver challenges, not just demand. Discover how these factors, alongside diverging spot rates and diesel prices, are impacting carriers and the overall supply chain. This deep dive into Q2 earnings from major players like Knight-Swift, Werner, and J.B. Hunt reveals a long-term trend.Learn more about the evolving dynamics of the trucking industry and what it means for the future of freight.
Truckload spot rates and diesel prices are moving in opposite directions, a divergence that supports the thesis that tight capacity — not fuel costs — is sustaining elevated freight rates. The Sonar NTI sat at $3.51 per mile as of the latest reading, climbing back from a mid-to-late June low near $4.90, while the diesel price at truck stops registered $3.48 per gallon, down from a July high near $3.80. The spread signals that carriers are holding rates even as fuel costs ease.
Tender rejections remain well above historical norms across all modes, according to Sonar data. The Sonar Truckload Rejection Index, or STRI, stands at 14.36%, above the six-month average of roughly 10.9%. Flatbed is the tightest mode at 23% rejections — down sharply from the 40% range seen in June and early July but still historically elevated. Reefer rejections sit at 19.46%, or nearly one in five loads, while van rejections are running nearly 50% above year-ago levels.
Recent carrier earnings are reinforcing the capacity-constraint narrative. Knight-Swift reported that its truckload segment operating income rose 69% year over year, with the carrier noting that strategic pricing recovery accelerated in June as recent bids took effect. The company described rapid tightening in supply-driven dynamics and tender rejections reaching levels not seen since 2021.
#capacity
4 months ago
(Changes headline in July 15 story to reflect Lula extending lead over Flavio Bolsonaro)
SAO PAULO, July 15 (Reuters) - Brazilian President Luiz Inacio Lula da Silva has widened his lead over right-wing Senator Flavio Bolsonaro in the run-up to October's presidential election, a Quaest poll commissioned by brokerage Genial showed on Wednesday.
It is the first Quaest survey following a series of political developments including a corruption investigation targeting a senior Lula ally and arguments about accountability over new U.S. tariff threats against Brazil.
• Leftist Lula is seen with 45% of voting intentions in a potential second-round runoff, compared with 37% for Senator Bolsonaro, currently the main opposition hopeful.
• A Quaest poll in June showed Lula leading Flavio Bolsonaro by 44% to 38%.
SAO PAULO, July 15 (Reuters) - Brazilian President Luiz Inacio Lula da Silva has widened his lead over right-wing Senator Flavio Bolsonaro in the run-up to October's presidential election, a Quaest poll commissioned by brokerage Genial showed on Wednesday.
It is the first Quaest survey following a series of political developments including a corruption investigation targeting a senior Lula ally and arguments about accountability over new U.S. tariff threats against Brazil.
• Leftist Lula is seen with 45% of voting intentions in a potential second-round runoff, compared with 37% for Senator Bolsonaro, currently the main opposition hopeful.
• A Quaest poll in June showed Lula leading Flavio Bolsonaro by 44% to 38%.
4 months ago
Freight brokers live and die by their RFP pricing. Submit too high and you lose the lane. Submit too low and you win business you'll spend the next year regretting. SONAR's latest release is designed to close that gap.
SONAR this week released a significant upgrade to Batch Rate Intelligence, expanding the feature from a bulk lane ****** ysis tool into what the company describes as a complete RFP pricing workflow. The update arrives alongside expanded flatbed market-level visibility within the platform's STVI (Spot Truckload Volume Index) and STRI (Spot Truckload Rate Index) indices.
Batch Rate Intelligence was already one of SONAR's most used broker-facing features, letting users upload large lane files and pull market rate context at scale. The new version builds substantially on that foundation.
The updated tool now includes forward-looking rate and seasonality insights — letting users see not just what rates look like today, but where market conditions are trending as bids are executed and the contract period begins. It also introduces bid positioning and risk visibility, surfacing lanes where a broker's target rate may be misaligned with market expectations before a bid is submitted.
The cleaner output interface is designed to support internal review, customer conversations, and bid strategy, making it easier to act on the data rather than simply export it.
SONAR this week released a significant upgrade to Batch Rate Intelligence, expanding the feature from a bulk lane ****** ysis tool into what the company describes as a complete RFP pricing workflow. The update arrives alongside expanded flatbed market-level visibility within the platform's STVI (Spot Truckload Volume Index) and STRI (Spot Truckload Rate Index) indices.
Batch Rate Intelligence was already one of SONAR's most used broker-facing features, letting users upload large lane files and pull market rate context at scale. The new version builds substantially on that foundation.
The updated tool now includes forward-looking rate and seasonality insights — letting users see not just what rates look like today, but where market conditions are trending as bids are executed and the contract period begins. It also introduces bid positioning and risk visibility, surfacing lanes where a broker's target rate may be misaligned with market expectations before a bid is submitted.
The cleaner output interface is designed to support internal review, customer conversations, and bid strategy, making it easier to act on the data rather than simply export it.
4 months ago
The benchmark price used for most fuel surcharges has fallen for the 12th time in 13 weeks in an oil market that remains bifurcated to an almost historical level.
The Department of Energy/Energy Information Administration average weekly retail diesel price declined 9 cents/gallon to $4.578/g, effective Monday and published Tuesday. That price decline in those 13 weeks would have been consecutive except for a one-week big jump in early May.
Prices on the street appear to be volatile enough that three indicators of their number are producing a significant disparity. The AAA average retail diesel price for Tuesday was $4.765/g, up a little less than one cent from the prior day in the first increase recorded in almost a month.
Meanwhile, the DTS.USA data series in SONAR was at $4.81/g Tuesday.
But the more stark "split decision" in the oil market is more clearly evident in what are known as "crack spreads" between the price of crude and the price of the products produced from that crude.
The Department of Energy/Energy Information Administration average weekly retail diesel price declined 9 cents/gallon to $4.578/g, effective Monday and published Tuesday. That price decline in those 13 weeks would have been consecutive except for a one-week big jump in early May.
Prices on the street appear to be volatile enough that three indicators of their number are producing a significant disparity. The AAA average retail diesel price for Tuesday was $4.765/g, up a little less than one cent from the prior day in the first increase recorded in almost a month.
Meanwhile, the DTS.USA data series in SONAR was at $4.81/g Tuesday.
But the more stark "split decision" in the oil market is more clearly evident in what are known as "crack spreads" between the price of crude and the price of the products produced from that crude.
4 months ago
– byMario Crescibene
INT. SUBMARINE COMMAND CENTER
The green sonar screens pulse rapidly, casting eerie shadows across the room. The atmosphere is electric. The PETTY OFFICER and ENSIGN sit rigid at their terminals.
Suddenly, the heavy steel door bangs open. The CAPTAIN strides in, a thick cigar clamped tightly between his teeth. He marches directly up behind the two men, whips the cigar out of his mouth with a sharp flick of his wrist, and slams his hands down onto the backs of their chairs, leaning in deep to peer over their shoulders.
CAPTAIN: Report, Petty Officer! Tell me what's so important.
INT. SUBMARINE COMMAND CENTER
The green sonar screens pulse rapidly, casting eerie shadows across the room. The atmosphere is electric. The PETTY OFFICER and ENSIGN sit rigid at their terminals.
Suddenly, the heavy steel door bangs open. The CAPTAIN strides in, a thick cigar clamped tightly between his teeth. He marches directly up behind the two men, whips the cigar out of his mouth with a sharp flick of his wrist, and slams his hands down onto the backs of their chairs, leaning in deep to peer over their shoulders.
CAPTAIN: Report, Petty Officer! Tell me what's so important.
5 months ago
.
The U.S. Department of Transportation (USDOT) has awarded a contract to FreightWaves SONAR to provide high-frequency freight market data in support of federal transportation ****** ysis and economic research, SONAR announced Wednesday.
SONAR's data will help monitor freight market health, inform regulatory enforcement, and supply timely insights to the Department's Office of the ****** istant Secretary for Research and Technology.
USDOT has made strengthening oversight of the nation's transportation and supply chain networks a top priority, with renewed focus on the safety, security, and resilience of freight movement nationwide.
Through this contract, USDOT will incorporate SONAR datasets and freight market indicators to improve visibility into freight activity, market dynamics, and supply chain conditions across the United States.
The U.S. Department of Transportation (USDOT) has awarded a contract to FreightWaves SONAR to provide high-frequency freight market data in support of federal transportation ****** ysis and economic research, SONAR announced Wednesday.
SONAR's data will help monitor freight market health, inform regulatory enforcement, and supply timely insights to the Department's Office of the ****** istant Secretary for Research and Technology.
USDOT has made strengthening oversight of the nation's transportation and supply chain networks a top priority, with renewed focus on the safety, security, and resilience of freight movement nationwide.
Through this contract, USDOT will incorporate SONAR datasets and freight market indicators to improve visibility into freight activity, market dynamics, and supply chain conditions across the United States.
5 months ago
Tender acceptance rates have long signaled stress in the truckload market — but until now, users had no direct index tracking the volume of freight that actually cleared that process and moved.
SONAR's new Accepted SONAR Truckload Volume Index (ASTVI) fills that gap. The dataset family isolates accepted truckload demand by stripping out rejection activity, giving a cleaner read on what's actually flowing through the market versus what was simply offered.
The index is available at the national, regional, and market levels and updates daily. It covers total accepted volume, van, and reefer — with week-over-week, month-over-month, and year-over-year change metrics for each.
The distinction between tendered and accepted freight is especially meaningful in soft market conditions, when routing guide compliance deteriorates and the spread between offered and accepted loads widens. ASTVI gives brokers, carriers, shippers, and ****** ysts a direct view of that spread without having to manually back into it from multiple indices.
ASTVI is available now to SONAR subscribers, access a pre-made dashboard here. Full ticker documentation is available in SONAR's Knolwdege Center.
SONAR's new Accepted SONAR Truckload Volume Index (ASTVI) fills that gap. The dataset family isolates accepted truckload demand by stripping out rejection activity, giving a cleaner read on what's actually flowing through the market versus what was simply offered.
The index is available at the national, regional, and market levels and updates daily. It covers total accepted volume, van, and reefer — with week-over-week, month-over-month, and year-over-year change metrics for each.
The distinction between tendered and accepted freight is especially meaningful in soft market conditions, when routing guide compliance deteriorates and the spread between offered and accepted loads widens. ASTVI gives brokers, carriers, shippers, and ****** ysts a direct view of that spread without having to manually back into it from multiple indices.
ASTVI is available now to SONAR subscribers, access a pre-made dashboard here. Full ticker documentation is available in SONAR's Knolwdege Center.
1 yr. ago
No governo Bolsonaro, não havia investigação de emendas, nem do escândalo do INSS, que foi engavetado. O que se via eram apenas delegados da PF caindo de suas funções.