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The post Daily Infographic: Texas again has highest number of traffic bottlenecks for truckers appeared first on FreightWaves.
The post Daily Infographic: Texas again has highest number of traffic bottlenecks for truckers appeared first on FreightWaves.
Freight rail stakeholders will be watching closely as Union Pacific’s incoming CEO Jim Vena takes over the company, especially given how labor and operational dynamics have changed over the last three years since the industry veteran was last at UP as chief operating officer and later strategic adviser. Vena, whose appointment came amid hedge fund…
The stock price of supply chain software provider e2open plunged Tuesday as Wall Street reacted to an earnings report in which the financial numbers weren’t particularly negative but the outlook was. By the close of trading, the stock of e2open had fallen $1.84 to $4.40, down just under 30% on the day. It touched an…
FreightWaves has written extensively in recent weeks and months about the weakness in U.S. box demand, an indication of the poor state of the goods economy as Americans are increasingly cash-strapped even amid ongoing debt forbearance. The three largest North American containerboard/box producers reported box demand declines ranging from 8%-13% in Q1, and demand has…
Class 8 truck orders were soft as expected in June with manufacturers offering few build slots until they open order books for 2024 as soon as next month. But even when OEMs begin taking orders, expect bookings to remain slow as the focus remains on bringing balance to months of orders yet to be produced….
After an eight-week run of falling prices was interrupted a week ago by an increase, the weekly diesel benchmark price used for most fuel surcharges has moved down again. In a price posted Tuesday but dated Jan. 1, the average weekly retail diesel price posted by the Department of Energy/Energy Information Administration declined by 3.8…
A global study of consumer preferences relating to sustainability found that only 43% of consumers felt retailers were doing a good job of using sustainable delivery practices. Over 60%, however, indicated in the study published late Wednesday by Descartes Systems Group Inc. that they were very interested in environmentally friendly delivery methods. Additionally, 59% said…