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The post FreightWaves Infographics: Air cargo industry anticipates big peak season to finish year appeared first on FreightWaves.
By Bart De Muynck The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The bustling ports of Los Angeles and Long Beach, California, gateways to the American consumer market, have become notorious for chronic congestion. But in January 2024, the logjam will reach…
On today’s episode of WHAT THE TRUCK?!? Dooner is coming to you live from FreightWaves’ Supply Chain Meets FinTech virtual event. Did FreightTech almost experience an extinction-level event? FreightWaves Editorial Director Rachel Premack has the latest on Silicon Valley Bank and how it may have impacted freight. Speaking of risk, ZenHedge CEO Krishnan Kandasamy talks…
FleetCor Technologies Inc. announced its fourth-quarter and full-year financial results for 2023 after the market closed Wednesday, reporting increases in revenue and earnings. The business and fuel payments firm’s fourth-quarter revenue increased 6% year over year (y/y) to $937 million, while earnings per share increased 10% y/y to $4.44. FleetCor missed Wall Street quarterly revenue…
JD Logistics, the logistics arm of China’s largest retailer by revenue JD.com, is adding four additional Boeing 737-800 converted cargo aircraft to its private fleet to support growing demand for e-commerce and express delivery in, and around, China. AerCap, the world’s largest aircraft lessor, announced Tuesday that it will deliver four used 737-800s, modified from…
WASHINGTON — Federal regulators have denied a compliance exemption request by Daimler Trucks North America (DTNA) for equipment installed on its 2020-21 model year Freightliner Cascadia trucks in a ruling that will likely require the company to issue a recall for approximately 24,282 vehicles. The decision by the National Highway Traffic Safety Administration, scheduled to…
Old Dominion Freight Line said it is seeing promising signs around demand but that it isn’t yet ready to call a cycle upturn. However, its operating ratio guidance for the second quarter was weaker than the historical trend, which may be the reason shares of less-than-truckload carriers sold off on Wednesday. Old Dominion (NASDAQ: ODFL)…