The Supreme Court has again rejected a review of the question of broker liability in a case involving the death or injury of a person struck by a truck that was booked by a 3PL. However, unlike the case of Miller v. C.H. Robinson, this rejection is considered a victory for the brokerage industry. In…
LAS VEGAS — Kodiak Robotics on Tuesday revealed its sixth-generation Class 8 autonomous truck, a production-ready model it plans to launch without a human driver later this year in Texas. After five years of testing and 5,000 driver-monitored autonomous loads covering more than 2.5 million miles, Kodiak reached the finish line with a system capable…
On the day when the benchmark diesel price used for most fuel surcharges fell for the 13th time in 16 weeks, the futures market suggested this decline may have more room to run. The weekly Department of Energy/Energy Information Administration weekly average retail diesel price declined 4.8 cents a gallon to $3.828. It was the…
Shipping investors love trade disruptions, which generally boost freight rates. The mass diversions of container ships around the Cape of Good Hope are cheered by container shipping stock investors even as pundits and politicians warn of supply chain fallout for consumers and businesses. Tanker shipping investors look on in envy at container shipping chaos. Tankers,…
Cummins Inc. is spending $580 million to revamp a plant in Rocky Mount, North Carolina, to make fuel-agnostic small engines as part of its path to zero-emissions products by 2050. The engine versions come from a base engine with many common parts. Above the head gasket, the powertrains will have different components for different fuel…