And now it’s 2013: DOE/EIA diesel price rises to level of 9 years ago
The seven-week run of increases has taken the benchmark up more than 44 cents.
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The seven-week run of increases has taken the benchmark up more than 44 cents.
“We are excited to help usher in a new era of intelligent, modern logistics with a focus on sustainability for our customers, our employees, our shareholders and our planet,” said Lily Shen, CEO and president.
Cummins Inc. will buy Meritor for $3.7 billion in a deal that combines traditional and new power components for commercial trucks.
These are quick safety tips for truckers navigating dangerous snow squalls.
In order to take advantage of different RFP options, shippers must have access to the data they need to determine which lanes need to be repriced and when. Success requires coupling decision-making with efficient technology.
Federal regulators are moving ahead with proposed improvements to a national database used to file complaints in the trucking industry.
Australia’s Zoomo, which builds light-electric bikes geared toward last-mile delivery services, gets a funding boost.
Brown Bear Transportation announced Monday that it is expanding its reach throughout the Northeast with the recent acquisition of Abenaqui Carriers.
“I read that if we could save drivers 18 minutes a day, we would not have a driver shortage problem. We think it’s possible to give them those 18 minutes just from time wasted at the warehouse alone,” says C3 Solutions’ CRO.
Among Tuesday’s notes: Harrisburg becoming attractive for carriers, rates expected to improve from Houston to Atlanta, and more.
Modern Shipper spoke with Daniel Sokolovsky, founder and former CEO of AxleHire, about his newest delivery venture, Warp.
Expeditors announced its earnings while it is in the midst of a cyberattack.
The U.S. Postal Service is expanding a pilot program that will offer small businesses next-day and even same-day shipping at affordable prices.
FreightWaves is featured in the Rise of the Rest’s first annual report.
Hyliion Holdings has doubled its headcount amid an unrelenting battering of electric vehicle startup stock values.
Truckers who can’t avoid the Upper Midwest will likely hit more whiteouts and potential road closures Tuesday (video forecast included).
Just like in California, Uber, Lyft and others are funding the effort to define gig workers through a referendum.
The Food and Agriculture Organization of the United Nations (FAO) Food Price Index averaged 135.7 points in January, 1.1 percent higher than December and the highest level in 11 years. […]
The U.S. and Canadian governments closed their borders to unvaccinated and partially vaccinated truck drivers in January, sparking protests across Canada.
“Partnering with Bunker Holding will accelerate the marine industry adoption of biodiesel to achieve aggressive carbon reduction goals,” said Bob Kenyon, senior vice president of sales and marketing at REG.
Global logistics provider Expeditors International shut down most of its operations systems after a cyberattack, limiting the ability to book shipments.
Market consensus is that many drivers stay home during the International Roadcheck, and SONAR data supports the thesis.
Among Monday’s notes: Rate volatility impacting Atlanta and Houston markets, national rejection rates continue to slide below 19%, and more.
Volkswagen Group has not said how many vehicles are on the Felicity Ace or the breakdown of the models, although it has been reported they included 2022 Porsche Boxster Spyders as well as Audis, Bentleys and Lamborghinis.
Congestion mounts at SC Ports; Asia getting backlogged again; an invention that stops flickering lights; SmartHop expands in Miami
The Surface Transportation Board wants more details about the concessions that BNSF and CN are seeking as Canadian Pacific acquires Kansas City Southern.
The 2022 NASCAR schedule kicked off over the weekend with the circuit’s signature event, the Daytona 500. The winner on Sunday was 23-year-old rookie Austin Cindric, making just his eighth […]
Temperature- and time-sensitive 3PLs join forces in the brokerage industry’s latest deal. Direct Connect Logistix announced Monday it has acquired Performance Logistics.
The two groups disagree on numerous issues but came together over the issue of parking.
The three-week protest in Ottawa ends after police arrest 191 people and tow 76 vehicles during a massive operation targeting remaining truckers and Freedom Convoy supporters.
One hour. That’s how long it could take a rocket to carry troops and material from a base in the Midwest to the Middle East if technology the military is exploring proves out.
“We are coming out of the gate with the LoadBoard Network software but the best part is the infrastructure is all new. There will be unbelievable opportunities for customers as we add features,” says the founder and president of LoadBoard Network.
A trio of politicians in Washington is hoping to get funding approved to study portable benefits models for gig workers.
Periods of heavy snow and high winds will delay truckers this week from the Rockies to the Great Lakes (video forecast included).
Five takeaways on the precedent-setting Surface Transportation Board proceeding that could define how U.S. freight railroads navigate requests to expand passenger rail service on freight rail networks.
GXO Logistics announced it has worked out the details of a $1.3 billion acquisition of Clipper Logistics.
AskWaves looks into the growing amount of shipment detail needed when submitting an RFP.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Dunavant sees opportunities in Mexico amid supply chain disruptions; a Canadian auto supplier expands in Mexico; Schneider Electric announces a new plant in El Paso; and Grovara opens its Mexico headquarters as part of an international strategy.
Shippers have been bidding against each other for capacity over the past year with little to show for it, and it appears paying more will not solve the crunch.
This week: James “Big Brown” Joseph joins UPS volunteers to build a wheelchair ramp for a World War II veteran, FedEx launches its Small Business Grant contest and Ruan’s vice president of operations joins the One Warm Coat board.
Truckload rates have plateaued and may head down in the second half, Miller says. There is more runway for LTL increases, however.
FreightWaves market expert Mike Baudendistel chats with Harris Ligon, co-founder and CEO of a stealth startup, about how recent growth trends for industrial production in North America will affect rail volumes and equipment availability.
Nexxiot co-founder Daniel MacGregor chats with FreightWaves’ Tyler Cole about how data and Internet of Things can impact sustainability.
Some big ports are import focused. The Port of Oakland is a big export port. It is trying to restore the traditional import/export balance.
A compilation of the past week in social media images includes scenes from a major snowstorm, a California wildfire and a western dust storm.
“The more we talk about data you need to be specific about what data you want to get and what purpose you want to get the data for,” said Rik Arends, program director at Smart Freight Centre.
FreightWaves’ Tony Mulvey and Torqata’s Rak-Joon Choi discuss how visibility and blockchain technology are impacting the automotive industry.
The U.S. had suspended fresh avocado imports after a USDA inspector carrying out field work received a threatening phone call Feb. 11.
A California high school truck driving instructor has revamped his curriculum with a fitness app to emphasize the benefits of staying active and eating well.
Tender volumes continue to outperform year-ago levels. Rejection rates have declined throughout the past week as carriers return to major…
Washington insider Loren Smith assesses the Biden administration’s prospects for moving money from D.C. to the nation’s supply chain bottlenecks.
Federal regulators have announced dates for “significant” rulemakings affecting the trucking industry.
Which zero-emission fuel will be the winner in trucking? The state of EVs and charging infrastructure and more on WTT from GSCW22
Canada’s largest airline produced its best cargo results ever as the passenger business begins to show signs of sustained recovery.
Las subidas de tarifas, lideradas por las importaciones de
carga aérea de EEUU, nunca se habían visto antes
DoorDash is the latest food delivery platform to make a big move in the grocery space, adding a rapid grocery delivery option to compete with Instacart and Uber Eats.
The Federal Motor Carrier Safety Administration declared a Houston-area carrier and a Mexico-licensed driver to be imminent hazards.
Among Friday’s notes: Ocean lane to watch, spot rates increase from Dallas to LA, and more.
Staffing remains a challenge for warehouse operators, but many are still not meeting the top demand of workers: schedule flexibility.
WoodMac’s Shattuck: The U.S. oil and gas industry is embracing a low-carbon future and looking for a way to get to net zero.
U.S. export lobbyist Peter Friedmann discusses setbacks and progress made by shippers as they struggle to maintain market share overseas.
The National Labor Relations Board and Department of Labor are working to change labor laws enacted under the Trump administration to be more favorable to employees.
Some protesters surrendered peacefully and were taken into custody, while others were taken away in handcuffs.
Also on the podcast: The torrid pace of diesel consumption.
More snow and wind in the Midwest will slow down weekend truckers (video forecast included).
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
As the Biden administration moves on its electric vehicle charging infrastructure plan, trucking makes its case for getting a dedicated network.
Electric bus, battery and infrastructure developer Proterra Inc. deals with its own supply chain issues as well as those of end customers.
Cathay Pacific is a once-proud airline hanging on for dear life.
Aurora Innovation is trying to prove it has thought through issues surrounding autonomous trucking as it targets late 2023 to launch its Horizon system.
Port Houston’s steel cargo exports recorded a 1,874% year-over-year increase.
“Efforts to successfully move aging cargo out of shipping terminals” improve the picture at California’s San Pedro Bay ports.
CEO Rodolphe Saadé said CMA CGM “will transform the Beirut port’s container terminal into a state-of-the-art facility that meets the best international standards.”
The Biden administration plans to go after companies that may be using supply chain disruption to fix prices or overcharge customers.
FreightWaves’ Kevin Hill and Teclo Garcia, economic development director for the city of Laredo, discuss supply chain bottlenecks during FreightWaves’ Global Supply Chain Week.
ZF North America is increasingly counting on digitization of the supply chain to help it keep parts moving to customers.
The “everything shortage” forced truck manufacturers to cancel, retime and slow order intake even as demand for more trucks surges.
The more ocean shipping is in the news, the more attention it gets from tech founders and investors.
Of 18 companies that Friend of the Sea evaluated, it identified Hapag-Lloyd as “the international shipping company most committed to minimizing the risk of whale ship strikes.”
A wildfire near an eastern California airport has led to road closures and evacuations (video forecast included).
Software platform JAGGAER is automating the entire procurement process for buyers with its all-in-one sourcing solution.
New data released by project44 shows vessels waiting to berth in Asia recorded an average increase from 13 days in December to 16.7 days in January.
Railcar leasing could be on the upswing for a number of car types, executives for railcar lessor Trinity Industries said during the company’s fourth-quarter 2021 earnings call on Thursday.
Atlas Air has a huge freighter fleet to help take advantage of shipper interest in air transport and is adding more planes this year.
Supply chain visibility company FourKites and post-purchase platform Narvar are teaming up for a new retail supply chain visibility solution.
A new power-only brokerage offering drop trailer solutions to customers has emerged: FreightVana x, where the x stands for “collaboration.”
Among Thursday’s notes: Spot rates rise from China to U.S. West Coast, Indy outbound rejection rates drop, and more.
Vivek Kundra has been hired to drive the company’s operational execution.
Refrigerated carrier Hirschbach announced the acquisition of John Christner Trucking. The combination will form one of the nation’s largest temperature-controlled fleets.
Applications for the TCA Scholarship Fund are now open. Eligible college students with ties to the trucking industry have until March 14 to apply.
Robotic delivery provider Kiwibot has announced a new funding round and a major contract with food services provider Sodexo.
Hedge fund manager Seth Holm chats with FreightWaves’ Kevin Hill about the outlook for transportation stocks during Global Supply Chain Week.
Truckers will hit areas of ice, heavy snow and gusty winds through Friday morning from the Plains to the Northeast (video forecast included).
A joint venture focused on automated manual transmissions is responsible for the practical end of manual gearboxes in heavy-duty trucks.
The crew of 22 was rescued for ship headed to the United States.
Food delivery platform DoorDash reported mixed earnings for Q4 2021 and FY2021 after the bell on Wednesday.
U.S. Xpress expects freight demand to stay strong in the first half of 2022. The trajectory from there could hinge on inflation.
One-year agreement will allow for at least 20,000 boxes to be stored off-site, state says.
Addressing the use of predictive and prescriptive analytics to help understand internal and external risks for 3PLs and shipper customers.
According to the Austin, Texas-based company, the average purchase order has a 52% chance of changing before it is delivered by the vendor.