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The post Daily Infographic: 5 automotive inventions by women that changed the history of driving appeared first on FreightWaves.
The post Daily Infographic: 5 automotive inventions by women that changed the history of driving appeared first on FreightWaves.
The U.S. Postal Service’s decision this week not to renew a contract with FedEx, worth more than $1.5 billion per year, for domestic air transport and award it to UPS after more than two decades actually benefits all three parties, according to industry analysts. At face value, the arrangement seems a blow for FedEx (NYSE:…
AtoB, a fleet payments platform, is leveraging telematics and geolocation technology to give commercial transportation operators more insight into fuel purchasing habits and security. The San Francisco-based startup recently deployed apps and fuel cards capable of optimal station selection, telematics-based location tracking and fuel-level tracking. “We are effectively modernizing payments for the trucking and broader…
The Port of Los Angeles recently opened a waterfront promenade on its property, giving the nearby community unprecedented access to the water and sweeping views of the port’s activities. The $77 million Wilmington Waterfront Promenade is the second phase of connecting the Wilmington community, located adjacent to the port, to the waterfront. The 9-acre promenade…
Chart of the Week: National Truckload Index Linehaul Only, Outbound Tender Rejection Index – USA SONAR: NTIL.USA, OTRI.USA The average dry van truckload spot rate excluding the estimated cost of fuel (NTIL) has increased 4.2% since the end of April, while carrier contracted load rejection rates are still near all-time lows. While overall capacity is still extremely loose,…
As the freight market searches for a bottom, management from Radiant Logistics expressed optimism around future prospects Wednesday, noting the company has never been in better financial shape. Radiant (NYSE: RLGT) reported adjusted earnings per share of 17 cents for its 2023 fiscal third quarter ended March 31. The result was 15 cents lower year…
The Gulf Coast ports have received a lot of attention in recent years and rightfully so. The ports along the Gulf Coast provided a pressure relief valve of sorts, though they suffered with congestion throughout the pandemic as well. What separates the Gulf Coast ports from the major East and West Coast ports is the…