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The post Daily Infographic: EIA forecasts crude oil prices will increase through 2024 as demand rises above supply appeared first on FreightWaves.
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Diesel prices relative to crude have held fairly steady in recent weeks, but a report by the International Energy Agency has a wary — though not apocalyptic — recap for diesel consumers on how Ukraine’s attacks on Russian refineries might end that stability. Crude and products markets are up overall in the past month. Brent,…
The rapid integration of technology, coupled with disruptions in the transportation market in recent years, has generated an opportunity for freight brokerages to broaden their services and offer shippers a consultative approach to logistics. In a recent interview with the leaders of remote staffing solutions provider Zelh Logistics, President Jeff Ogren and Vice President of…
A strike by 7,400 Canadian dockworkers against their West Coast ports employers has entered its fifth day as negotiations have stalled. The International Longshore & Warehouse Union Canada’s Longshore Division (ILWU Canada) went on strike Saturday after negotiations with the British Columbia Maritime Employers Association (BCMEA) failed to reach a new labor contract. The strike…
By Omar Singh, president and founder, Surge Transportation The companies growing rapidly and staying relevant to their customers are offering much more than their core business model – they are offering “core-plus,” some form of additional value creation or frictionless experience. These companies are focusing on developing a rich ecosystem of partnerships and leveraging those…
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: New Mexico lands first major auto parts manufacturing plant; FedEx closing facility in Texas, eliminating 58 jobs; Nippon Express opens logistics warehouse in Arizona; and San Diego customs agent charged with taking bribes from drug smugglers….