To view more FreightWaves infographics, click here
The post Daily Infographic: Thieves spirit away 19,000 bottles of tequila from US distributor appeared first on FreightWaves.
The post Daily Infographic: Thieves spirit away 19,000 bottles of tequila from US distributor appeared first on FreightWaves.
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 25-year-old Georgia-based trucking company, which has 60 drivers and 33 power units, recently filed for bankruptcy protection. Newsome Trucking of Jasper, Georgia, filed its petition Monday in the U.S. Bankruptcy Court for the Northern District of Georgia. In its Chapter 11 petition, Newsome Trucking listed its assets and liabilities as between $1 million and…
A new transportation services agreement to operate 10 Boeing 767 cargo jets for Amazon paved the way for pilots at cargo airline ABX Air over the weekend to ratify an extension of their labor contract until 2030, company officials said Tuesday. Amazon’s assignment of planes to ABX Air was also made possible by union leaders’…
Chart of the Week: Diesel Truck Stop Actual Price Per Gallon, National Truckload Index – USA SONAR: DTS.USA, NTI.USA Retail diesel fuel costs (DTS) are up 33% versus April 2019, while the National Truckload Index (NTI) that measures all-in spot rates are only up 16% over the same time. The implication is that carriers are in…
On Monday, Seattle-based freight forwarder Expeditors International (NYSE: EXPD) released another lackluster quarterly earnings report, this time for the fourth quarter of 2023. Compared to Q4 2022, top-line revenue was down 34%, to $2.3 billion, operating income was down 40%, to $199 million, and net earnings were slashed by 28% to $159 million. Similar large…
The Federal Railroad Administration is warning rail workers about the dangers of rolling equipment following the death of a Norfolk Southern worker last week in Alabama. The incident happened just after 5 p.m. on Feb. 5 in Decatur, Alabama, when 55-year-old train engineer Chris Wilson, a 30-year veteran, died after several uncontrolled train cars crashed…