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The post Daily Infographic: EIA expects average U.S. gasoline and diesel prices to decrease in 2024 and 2025 appeared first on FreightWaves.
The post Daily Infographic: EIA expects average U.S. gasoline and diesel prices to decrease in 2024 and 2025 appeared first on FreightWaves.
Companies across the supply chain have been laser-focused on improving their visibility options over the past several years. While most companies understand that visibility paves the way for increased efficiency and better coordination throughout the life cycle of a shipment, many leaders in the space do not yet have a solid understanding of partial versus…
Container shipping rates are not back to normal quite yet. Trans-Pacific rates have returned to pre-COVID levels, but pricing in trans-Atlantic markets has not. Spot container rates from Europe to the U.S. — while falling — are still more than twice pre-pandemic rates. U.S. imports from Europe remain strong, with building materials supporting volumes. Drewry…
On episode 672 of WHAT THE TRUCK?!?, Dooner is talking to FreightWaves’ Rachel Premack about how the Red Sea conflict has massively changed shipping outlooks, costs, timelines and supply chain security. Tecsys’ Guy Courtin tells us how their Shopify-powered order management system is helping transform Canadian fashion retailer Eclipse Stores’ supply chain. Loyalty Logistics’ Sean…
The Taylor Swift $100,000 driver bonus (Image: Craig Fuller via X, formerly Twitter) Media outlet TMZ reported that singer-songwriter Taylor Swift gave each truck driver who worked as part of her Eras Tour a bonus check of $100,000 before her Santa Clara, California, show last Saturday. The article on Tuesday notes there are around 50…
The bad news for France’s CMA CGM, the world’s third-largest ocean carrier: Profits continue to slide. The good news: The company is still raking in over a billion a quarter, net profits and revenue per container are still well above pre-COVID levels, and it still has a huge cash cushion courtesy of its boomtime windfall….
A woman who used her position in two Texas trucking companies to fraudulently pay excess funds to co-workers and friends was sentenced Tuesday to more than five years in prison. Her co-defendants got probation. Veronica Rios and six co-defendants were indicted in April 2021. In sentencing this week, Rios received 63 months in prison on…