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The post Daily Infographic: EIA expects relatively flat crude oil prices in 2024 and 2025 appeared first on FreightWaves.
The post Daily Infographic: EIA expects relatively flat crude oil prices in 2024 and 2025 appeared first on FreightWaves.
Three of the nation’s largest medium- and heavy-duty truck makers snagged the apropos acronym PACT to advance electric truck infrastructure. Powering America’s Commercial Transportation intends to address the mismatch between battery-electric vehicle availability and inadequate zero-emissions vehicle (ZEV) infrastructure. PACT was established by Daimler Truck North America (DTNA), Navistar Inc. and Volvo Group North America….
Transportation prices fell again in July but at a slower rate than in the prior two months, according to data compiled in the Logistics Managers’ Index (LMI). Prices registered a 35.6 reading during the month, well below a neutral level of 50, but the falloff wasn’t as sharp as the record rate of decline set…
It’s not often that companies in the same industry provide differing views of why demand might be strong or weak at a particular time, or for that matter express confusion about what’s happening, but that’s what’s occurring among U.S. branded packaged foods companies. As FreightWaves reported two weeks ago, General Mills experienced a sharp volume…
The legal battle over the question of independent contractor (IC) versus employee status produced a decision Tuesday at the National Labor Relations Board that is seen as likely to favor defining a worker as an employee rather than as an IC. In a case known as Atlanta Opera, the Democrat-controlled NLRB ruled in favor of…
To view more FreightWaves infographics, click here The post Daily Infographic: Brent crude oil prices averaged $19 per barrel less in 2023 than 2022 appeared first on FreightWaves.
Western U.S. railroad BNSF and eastern U.S. rail carrier CSX are involved in or at least being affected by industrial development programs on their networks, according to recent announcements. In Arizona, commercial real estate developer Cushman & Wakefield worked with real estate investment firm Westcore on a $73.3 million acquisition financing deal involving Hatcher Industrial….