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John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.
Dec - 2024 -
20 December
John Kingston

EPA OKs California’s tighter diesel NOx rule; can waiver survive under Trump?

California has received a waiver that allows tighter rules on diesel emissions; will it have a short shelf life?

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19 December
John Kingston

Strike against Amazon reveals complicated interrelationship among warring parties

Surveying the issues in the strike against Amazon by the Teamsters union and defining an “employee” can get tricky.

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18 December
John Kingston

Teamsters have some legal issues to overcome after wins at Amazon and with DSPs

The Teamsters are making gains at Amazon and among the company’s direct service providers, but the e-commerce retailer says not so fast.

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16 December
John Kingston

After last week’s big drop, benchmark diesel price turns higher

The benchmark diesel price used for most fuel surcharges rose this week from the lowest level in more than three years.

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John Kingston

Supreme Court won’t review Ohio case, boosting California’s emissions rules

A key case regarding California’s ability to receive environmental waivers, Ohio vs. EPA, won’t be taken up by the Supreme Court.

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John Kingston

Despite win on appeal, TQL wants Supreme Court to review broker liability issue

TQL isn’t satisfied with its victory in a federal appeals court; it wants the Supreme Court to take up the question of broker liability.

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14 December
John Kingston

Question over ability of California to be granted environmental waivers headed to SCOTUS

The ability of California to receive a waiver for tougher environmental rules will be taken up by the Supreme Court.

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13 December
John Kingston

C.H. Robinson speaks to investors – and Wall Street’s support soars anew

C.H. Robinson had its first investors day in seven years, and the audience liked what it heard.

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11 December
John Kingston

Fireside Chat: Wrong people getting key supply chain jobs, consultant says

Supply chain consultant Brittain Ladd sees the wrong people going into key supply chain jobs.

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10 December
John Kingston

2 lawyers, 2 law firms indicted in burgeoning Louisiana staged accident case

The latest indictments in the Louisiana staged accident case have pulled in two attorneys and two New Orleans law firms and eight persons in total.

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John Kingston

Supreme Court again asked to rule on broker liability; case involves TQL

The U.S. Supreme Court has declined previously to review cases involving the question of broker liability after serious trucking accidents but has been asked to weigh in again.

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09 December
John Kingston

Benchmark diesel price hits a low it hasn’t seen in more than 3 years

The benchmark diesel price used for most fuel surcharges fell to its lowest level since fall 2021.

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08 December
John Kingston

Court decision opens the door for reimplementing Rhode Island truck toll

The Rhode Island truck tolling plan got a mixed verdict in a federal appeals court but has new life.

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06 December
John Kingston

November trucking jobs see healthy rise; a one-time move or start of a trend?

Bureau of Labor Statistics data on truck transportation jobs showed one of the bigger gains in a long time in November.

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05 December
John Kingston

Credit position of BMO’s transportation clients worsens in the fourth quarter

The transportation sector at Canadian bank BMO, heavily oriented toward trucking, showed further deterioration in the fourth quarter.

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John Kingston

TriumphPay’s LoadPay a new tool in fierce battle to get drivers paid faster

TriumphPay is in the middle of a rollout of LoadPay, a payment tool aimed at owner-operators.

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04 December
John Kingston

As dealmakers gather in New York, logistics merger activity holding up

The volume of logistics private equity deals is relatively stable as private equity dealmakers gather in New York.

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03 December
John Kingston

Werner case at Texas Supreme Court: Did driver fail to perform a legal ‘duty’?

The Werner case, now more than 6 ½ years old since it became a nuclear verdict, went before the Texas Supreme Court on Tuesday.

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02 December
John Kingston

Benchmark diesel price up slightly as OPEC+ meeting looms this week

Despite declining futures prices, the benchmark retail diesel price rose by a small amount.

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John Kingston

New Jersey AG fights effort to dismiss indictment that pulled in NFI CEO Brown

The New Jersey attorney general has filed arguments against tossing the indictment that includes NFI CEO Sidney Brown.

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Nov - 2024 -
27 November
John Kingston

Great Dane settles with DOJ over hiring practices for some non-US citizens

Trailer manufacturer Great Dane has reached a settlement with the DOJ over the company’s hiring practices for noncitizens who are in the U.S. legally.

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John Kingston

Walmart driver wins defamation case against retailer for almost $35 million

A former driver for Walmart has won an almost $35 million verdict against Walmart after he was fired following an injury.

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26 November
John Kingston

Another win for brokers: No liability for Echo Global in fatal South Carolina crash

Echo Global has been removed as a defendant in a fatal crash case, another victory for brokers seeking to avoid liability.

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25 November
John Kingston

Diesel benchmark moves higher; OPEC+ group prepares for key meeting next week

The benchmark price used for most fuel surcharges rose for the first time in four weeks.

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22 November
John Kingston

UPS hit with SEC fine over its internal valuation of UPS Freight before TFI sale

UPS is paying a steep fine to the SEC for how it valued UPS Freight before it was sold to TFI.

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20 November
John Kingston

Werner nuclear verdict case in Texas is hugely significant, says attorney at F3

At FreightWaves’ F3: Future of Freight Festival, trucking-focused attorney Matthew Leffler said the $100 million-plus Werner case is “the most important case facing the trucking industry now.”

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19 November
John Kingston

State of Freight live: A bullish post-election trucking market assessment

At an in-person State of Freight, FreightWaves CEO Craig Fuller and SONAR Director of Freight Market Intelligence Zach Strickland talked about why they think the freight market has turned.

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18 November
John Kingston

At RailTrends, CPKC and UP CEOs talk about higher levels of rail service

At a leading rail conference, two railroad CEOs seek to define what service is all about.

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13 November
John Kingston

Latest nuclear verdict in trucking: $141.5M against defunct Florida carrier

A Florida jury awarded $125 million in punitive damages and $16.5 million in other damages against a small trucking company that no longer exists.

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John Kingston

California AG makes case against OOIDA’s legal battle to stop AB5

California’s attorney general’s office has filed a brief against OOIDA’s attempts to block the AB5 independent contractor law from the state’s trucking sector.

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12 November
John Kingston

As debate begins on Trump 47’s impact on oil, diesel benchmark hits 3-year low

The benchmark price used for most fuel surcharges dropped for the third time in four weeks to a more than three-year low.

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John Kingston

Owner and head of LTL carrier elected mayor of Portland

Keith Wilson, the owner and CEO of Portland, Oregon’s, Titan Freight, has won a surprise victory as that city’s mayor.

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08 November
John Kingston

Weak Q3 numbers bear out Proficient Auto Logistics’ prediction

Proficient Auto Logistics had warned of a weak quarter. The numbers released Friday proved that projection correct.

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07 November
John Kingston

RXO, with Coyote in the fold, projects big jump in efficiency-driven savings

RXO is boasting that its projected efficiency savings from the Coyote Logistics acquisition will surpass earlier estimates.

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John Kingston

RXO Q3 earnings: First look

RXO’s third-quarter earnings were highlighted by the first numbers from Coyote Logistics as well as an operating loss.

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06 November
John Kingston

With trailer orders down, Wabash National gets negative outlook at S&P

Wabash National, feeling the impact of lower trailer orders, gets a negative outlook at S&P.

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John Kingston

Trucking groups and others take renewed stab at tort reform in Texas

A group with trucking interests as a key driver has been formed in Texas to push new tort reform.

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05 November
John Kingston

Bookkeeper who embezzled from Iowa trucking company gets 2 years

A former bookkeeper for an Iowa trucking company was sentenced to two years in prison after a guilty plea.

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04 November
John Kingston

Diesel futures market up and down, but benchmark retail price falls

The benchmark diesel price used for most fuel surcharges declined in the middle of a wild swing in futures markets.

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01 November
John Kingston

Truck transportation job numbers in October barely budge from a year ago

The number of truck transportation jobs in the U.S., as reported by the Bureau of Labor Statistics, is only slightly off from where it was a year ago.

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Oct - 2024 -
31 October
John Kingston

Good news/bad news at Uber Freight: EBITDA loss widens but revenue improves

Uber Freight posted a wider EBITDA loss but showed improvement in revenue in the third quarter.

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30 October
John Kingston

C.H. Robinson’s model increasingly validated with another solid quarter

C.H. Robinson CEO Dave Bozeman talked with analysts Wednesday about his model for turning the company around. The evidence indicates it’s working.

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John Kingston

C.H. Robinson Q3 earnings: First look

A first look at C.H. Robinson’s third-quarter earnings reveals slightly slower sequential gains than in recent quarters.

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John Kingston

Report: Driver shortage claim ‘spurious,’ fixation on efficiency causes turnover

A federally authorized study on driver retention finds turnover results from trucking companies’ economically driven policies.

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29 October
John Kingston

Werner CEO stands out for optimistic trucking market outlook

Werner CEO Derek Leathers delivered a surprisingly positive outlook for the trucking market.

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John Kingston

Werner Enterprises Q3 earnings: First look

Werner Enterprises’ third-quarter operating ratio deteriorated by 320 basis points.

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28 October
John Kingston

Benchmark diesel price rises against backdrop of falling futures

The benchmark diesel price used for most fuel surcharges rose though the broader futures market fell.

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John Kingston

As Helene keeps key roads closed, Trimble’s routing service makes adjustments

Interstate traffic in North Carolina and Tennessee is still dealing with the fallout from Hurricane Helene.

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24 October
John Kingston

Less reliance on rentals, more on contracts: Ryder continuing its mission

Ryder has been pushing to rely less on vehicle leasing, and it’s getting there. 

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23 October
John Kingston

SONAR webinar: Chasing the coveted title of Shipper of Choice

October’s SONAR webinar looked at key factors in earning the Shipper of Choice distinction.

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John Kingston

Manhattan Associates’ growing supply chain problem: Slow-closing software deals

Supply chain software provider Manhattan Associates says it is taking longer to close deals.

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22 October
John Kingston

TFI’s Bedard: Buying UPS’ LTL operations was not a mistake

TFI CEO Bedard said on an analyst call that he wasn’t sorry the company bought UPS Freight, but he was plainspoken about its issues.

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21 October
John Kingston

First look: LTL operating income falls at TFI International

Canadian transport and logistics company TFI International’s third-quarter earnings missed consensus forecasts by 18 cents per share.

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John Kingston

Benchmark diesel price reverses course in biggest 1-week drop in 10 months

The benchmark diesel price used for most fuel surcharges declined Monday after four weeks of rising prices.

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18 October
John Kingston

Marten’s earnings and almost all other key operating metrics down

Marten Transport turned in a quarterly earnings report that was negative by almost every measure.

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17 October
John Kingston

State of Freight for October: The bullish feeling is starting to grow

Forecasts of a bullish freight market were featured in this month’s State of Freight webinar for FreightWaves SONAR.

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John Kingston

Trucking and marijuana testing find their way to the Supreme Court

Trucking and marijuana use was the background issue in arguments before the U.S. Supreme Court this week regarding a driver who was dismissed for failing a THC test even though he hadn’t used marijuana.

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16 October
John Kingston

TriumphPay gets back to a positive EBITDA

The TriumphPay payments network turned in a positive EBITDA performance in Q3, a key benchmark for the company.

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John Kingston

AB5 notches another win: Supreme Court won’t hear Postmates/Uber case 

Backers of California’s AB5 independent contractor law have scored a fresh victory after the U.S. Supreme Court declined to review the Postmates/Uber case.

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15 October
John Kingston

Benchmark diesel price rises, but futures prices now headed sharply lower

The benchmark diesel price used for most fuel surcharges rose for a fourth straight week, but futures prices plunged.

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14 October
John Kingston

ATRI survey: Drivers and carriers see top issues in trucking differently

The annual ATRI survey of top industry concerns reveals a big gap between what drivers and carriers worry about.

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10 October
John Kingston

E2open stock price plunges after earnings report; strategic review ‘ongoing’

A tough earnings report at supply chain software provider E2open was greeted with a big sell-off on Wall Street.

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09 October
John Kingston

OOIDA, Truckstop team up; load board is now group’s ‘exclusive’ partner

OOIDA and load board operator have teamed up in a deal that will give OOIDA members a discount.

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08 October
John Kingston

NFI’s Brown seeks dismissal of New Jersey case, cites minor role in dispute

NFI CEO Sidney Brown has filed a motion asking a judge to dismiss his criminal indictment stemming from a New Jersey real estate dispute.

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07 October
John Kingston

Diesel benchmark up a few cents; futures prices soar on Mideast concerns

The benchmark diesel price used for most fuel surcharges rose for the third consecutive week.

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04 October
John Kingston

Jobs report: Downward trend continues in trucking; warehouses see huge drop

The Bureau of Labor Statistics report showed a small drop in trucking jobs in September but an enormous one at warehouses.

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John Kingston

Second regional NLRB office rules that Amazon, delivery service partners employ drivers jointly

A second front will be opened in the legal battle over whether Amazon is a joint employer of drivers along with its delivery service partners.

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02 October
John Kingston

Closures continue on I-40 and I-26 in North Carolina, I-40 in Tennessee

Major interstate closures are continuing in both North Carolina and Tennessee after Hurricane Helene.

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01 October
John Kingston

Pilot’s new debt rating from Moody’s brings it up to investment-grade

Pilot Travel Centers got a two-notch upward bump in its debt rating from  Moody’s.

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Sep - 2024 -
30 September
John Kingston

Benchmark diesel price sees small increase for second straight week

The benchmark diesel price used for most fuel surcharges rose 0.5 cents per gallon this week.

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John Kingston

Bill that could hinder warehouse growth in California signed by Newsom

California Gov. Gavin Newsom has signed into law AB98, which will impact the growth of warehouses in California.

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John Kingston

NFI’s Brown, others move to dismiss criminal indictment in redevelopment case

NFI CEO Sidney Brown and other defendants in the criminal case related to the Camden, New Jersey, waterfront redevelopment have moved for dismissal.

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27 September
John Kingston

Trimble’s transportation offerings focus on connectivity after big ELD deal

Its big deal with Platform Science announced, Trimble’s transportation segment is touting upgrades and new products.

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26 September
John Kingston

Reinke leaves TIA to head IANA; Burroughs takes her place

Anne Reinke is leaving the Transportation Intermediaries Association to head the Intermodal Association of North America, and Chris Burroughs, already a VP at TIA, will fill her slot.

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John Kingston

RXO gets support from S&P after 2 big stock sales to fund Coyote acquisition

S&P gave a thumbs-up to the credit metrics at RXO after the company set two deals to fund the Coyote Logistics acquisition.

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25 September
John Kingston

CVSA data on International Roadcheck confirms that many drivers stayed home

Data released by CVSA on International Roadcheck supports earlier numbers that suggest plenty of drivers stayed home.

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John Kingston

CEO says Relay covers 75% of diesel payment market after Love’s deal

A deal between Relay Payments and Love’s Travel Stops means the payments provider will cover about 75% of the diesel market.

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24 September
John Kingston

Small unionization effort at Werner-owned facilities in New Jersey falls short

A decertification effort by a small group of unionized workers at a Werner unit in New Jersey has ousted the United Food & Commercial Workers union a year after it was certified.

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23 September
John Kingston

After 10 straight weeks of declines, DOE/EIA diesel price up slightly

The benchmark diesel price used for most fuel surcharges rose for the first time Monday after 10 weeks of declines.

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John Kingston

Per diem rate for expense payments to truckers sees big jump for fiscal 2025

The basic per diem rate allowed by the IRS for payments to transportation workers is rising by $11 in fiscal year 2025.

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20 September
John Kingston

Marten, citing weak freight market, cuts base salaries of 6 top executives

Marten Transport cited the weak freight market in reducing the salaries of six top executives. The executives’ 2023 salaries ranged from $267,000 to about $811,000.

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19 September
John Kingston

Trimble panelists: Great tech alone won’t keep drivers behind the wheel

Technology alone is not enough to retain drivers, according to a panel at Trimble’s technology conference Insight. Human intervention still matters.

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17 September
John Kingston

Trimble and Platform Science pushed hard to get deal done before Vegas meeting

Trimble customers who gathered in Las Vegas got the big news that Platform Science is acquiring Trimble’s telematics business.

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John Kingston

Streak of lower benchmark diesel prices hits 10 weeks with latest drop

The retail diesel price used as the basis for most fuel surcharges has fallen for a 10th straight week.

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13 September
John Kingston

Another nuclear verdict in trucking: $160M award against Daimler

Daimler Truck North America is the latest trucking-related company to get hit with a nuclear verdict.

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12 September
John Kingston

IEA: Weak demand, particularly from China, still pushing oil prices lower

The monthly report on oil demand from the International Energy Agency should be good news for transportation companies.

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John Kingston

Ancora didn’t oust Norfolk Southern’s Shaw at first but ultimately succeeded

Ancora placed a few of its people on the Norfolk Southern board in May, and that likely led to CEO Shaw’s ouster.

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10 September
John Kingston

Supreme Court to hear case of truck driver who failed CBD-related drug test

A driver who lost his job after taking a CBD product he thought didn’t have THC is about to argue before the Supreme Court that he should be able to sue the manufacturers under the Racketeer Influenced and Corrupt Organizations Act.

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09 September
John Kingston

Diesel surcharge benchmark down 9th week in a row amid oil sell-off

In the middle of an overarching downward trend in the price of oil, the benchmark diesel price fell for the ninth straight week.

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John Kingston

Universal Logistics eliminating a shift in Detroit, laying off 92 workers

Universal Logistics is cutting more than 90 workers at its facility in Detroit.

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06 September
John Kingston

Truck transportation jobs about where they were when Yellow folded a year ago

The BLS report for August showed another decline in truck transportation jobs and another increase in warehouse employment.

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05 September
John Kingston

California bill would expand state’s power over warehouses and related trucking

Opponents of a bill transferring significant authority over California warehouses from local governments to the state are waiting to see whether Gov. Gavin Newsom will sign it.

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04 September
John Kingston

Appeal of Werner nuclear verdict will be heard by Texas Supreme Court

The Texas Supreme Court will hear an appeal by Werner Enterprises in a long-running, $100 million nuclear verdict case.

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03 September
John Kingston

Benchmark diesel price drops a little; oil futures markets drop a lot

The drop in the benchmark retail diesel price is a lot smaller than what is going on in futures markets.

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