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The post Daily Infographic: Descartes sees ‘no end in sight’ for elevated supply chain investments appeared first on FreightWaves.
The post Daily Infographic: Descartes sees ‘no end in sight’ for elevated supply chain investments appeared first on FreightWaves.
Analysts are cutting truckload earnings estimates again just ahead of fourth-quarter reports, which will start to trickle in later this week. Recent channel checks revealed a notable falloff in fundamentals in the back half of December, dispelling hopes that the quarter would be a transitionary period. “We understand that multiple companies across multiple sub-sectors across…
On episode 704 of WHAT THE TRUCK?!? Dooner is talking about the FMCSA’s under-21 apprenticeship program. So far, only 113 motor carriers have applied and 34% of those have been rejected. We look into why. Drivers, start your engines! Relay Payments CEO Ryan Droege gets us off the starting line for their Haul of Fame…
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. U.S. carriers are white-knuckling a brutal freight market. While data suggests the industry has finally reached the bottom of its freight rate bubble, a balanced market — and the relief it will deliver…
This story originally appeared on Trains.com. Members of the Teamsters Canada Rail Conference (TCRC) have authorized strikes against Canadian National and Canadian Pacific Kansas City, the union announced Wednesday. Some 93.3% of train and engine crews at CN returned ballots, with 97.6% voting in favor of a strike. At CPKC, 91.7% of train and engine…
For the sixth week in a row and the 16th time in the past 17 weeks, the diesel price used for most fuel surcharges has declined. The benchmark price was pegged by the Department of Energy/Energy Information Administration at $3.855 a gallon on Tuesday. That’s down 2.8 cents from the prior week. Since June 20…
Cargo-focused Air Transport Services Group blamed disappointing first-quarter results on slower business at its charter passenger airline Omni Air and warned that persistent inflation, which is driving up costs for maintenance and travel for flight crews shuttling between assignments, would dampen expected profits for the year. On the positive side, utilization of the cargo fleet…