ASL Aviation Holdings, a Dublin-based provider of dedicated transportation service for express carriers DHL, FedEx, UPS and Amazon, said Monday it has introduced its first Boeing 737-800 converted freighter to its new subsidiary in Australia. ASL Airlines Australia will soon deploy the cargo jet in the Australian domestic and international markets in support of express…
Retail diesel prices are now near levels not seen since the beginning of last summer. The weekly average retail diesel price posted by the Department of Energy/Energy Information Administration fell 5.9 cents a gallon Monday to $3.789. It’s the lowest price in the data series since $3.767 a gallon was posted July 3, 2023. It’s…
Shareholders of Forward Air are asking a Tennessee court to rule the company was required to give them a vote before it could execute a merger with Omni Logistics. The class action complaint also asked the court to rescind the merger and for unspecified damages given the precipitous decline in the transportation provider’s stock price…
A CDL training school that had centers in Tacoma and Kent, Washington, as well as a third site in Portland, Oregon, has ceased operations and filed for bankruptcy liquidation. Pacific NW Professional Driving School, doing business as Toro Trucking Academy, filed a Chapter 7 petition, which means it is seeking to wind down operations and…
The Shipper Rate Report—presented in partnership with U.S. Bank and BlueGrace Logistics—is a quarterly publication using freight payment data from U.S. Bank in conjunction with FreightWaves SONAR data sets to create the most in-depth rate and demand outlook for shippers. The insights within this paper are curated by the market experts at FreightWaves and backed by the proprietary…