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The post Daily Infographic: January imports grew at fastest pace in 7 years appeared first on FreightWaves.
The amount of electricity generated in the U.S. in 2022 from renewable sources was greater than that generated from coal, according to the U.S. Energy Information Administration (EIA). This is the first time that power generation from coal has been outpaced by renewable sources, such as wind, solar, hydro, biomass and geothermal, EIA said in…
A Tuesday letter from Teamsters leadership to local unions representing all of Yellow Corp.’s network said emergency negotiations that began on Sunday haven’t yielded an agreement. The union says its “bottom-line proposal” seeks the $11-per-hour wages and benefits hike previously offered by the company. A July 12 letter from Yellow’s (NASDAQ: YELL) CEO to the…
ASL Aviation Holdings, which operates cargo flights for global couriers Amazon, FedEx and DHL, is gearing up to add drone delivery to its portfolio of services. The company said Tuesday that ASL Airlines Ireland, one of seven airlines in the Dublin-based group, has been awarded a provisional operator certificate for unmanned aircraft systems by the…
Expeditors International’s slide in volume continued in the fourth quarter but showed improvement by the end of the period. Expeditors (NYSE: EXPD) does not disclose actual volumes in its quarterly earnings report. But the air- and ocean-focused brokerage and forwarder does provide volume changes from the year-ago period. In North America, airfreight as measured in…
Small carriers and owner operators make up the large majority of the nation’s carrier base. Very small carriers – fleets with one to six tractors – account for 86% of total U.S. carriers, according to recent FMCSA data. Small carriers – those with 7 to 19 tractors – make up another 9%. All together, these…
Delta Air Lines has inaugurated John F. Kennedy International Airport’s largest temperature-controlled facility for pharmaceuticals and perishable goods. The Atlanta-based carrier announced Thursday that it has doubled cold-storage capacity to 16,000 square feet with a $15 million investment in the stand-alone facility at New York’s primary international gateway. Delta (NYSE: DAL) previously had two smaller…