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The post FreightWaves Infographics: Cargo rail theft up 119% across Mexico in July appeared first on FreightWaves.
The post FreightWaves Infographics: Cargo rail theft up 119% across Mexico in July appeared first on FreightWaves.
Heartland Express said a prolonged period of soft freight demand, excess truck capacity and cost inflation were the reasons for a $15.1 million net loss in the 2024 first quarter. On Tuesday, the North Liberty, Iowa-based truckload carrier reported a 19-cent-per-share loss for the period, 7 cents worse than the consensus estimate and 35 cents…
WASHINGTON — The U.S. Department of Transportation is launching the first step in a long-awaited National Multimodal Freight Network (NMFN), a project that will be used to prioritize federal money for freight infrastructure around the country. A request for information scheduled to be published in the Federal Register on Friday will give the public 60…
Shipments and expenditures plummeted year over year (y/y) in May at the fastest pace in nearly three years, according to data provided by Cass Information Systems on Tuesday. The Cass Freight Index recorded a 5.6% y/y decline in shipments during the month with expenditures falling 15.7%. Shipments captured on the index were up 1.9% from…
The worst nightmare of every business owner became reality last December for one Malibu, California, homebuilder, “John”: His trailer and $300,000 worth of wood inside it were stolen from his garage. While John had secured his trailer, that did not deter the persistent criminal, who busted the lock and sneaked away in the night with…
With Prime Day coming to an end Wednesday night, online businesses big and small are capitalizing on Amazon’s largest summer sale of the year to see a spike in profits. But increased product promotion and sales at discount prices aren’t just handed to e-commerce businesses on a silver platter. Those gaining most advantage from the…
Where is the U.S. recession economists and pundits have been predicting for the past year? There’s no evidence of a recession yet in containerized imports, which continue to track — and remain slightly above — the pre-COVID “normal.” Descartes reported Monday that imports at all U.S. ports totaled 2,081,793 twenty-foot equivalent units in June, up…