This week’s FreightWaves Supply Chain Pricing Power Index: 40 (Shippers) Last week’s FreightWaves Supply Chain Pricing Power Index: 35 (Shippers) Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 40 (Shippers) The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for…
Transport and logistics company TFI International Inc. posted fourth-quarter adjusted earnings of $1.71 per diluted share, a 4-cent-per-diluted-share beat from consensus estimates. Alain Bédard, the company’s chairman, president and CEO, told analysts that he expects full-year earnings per share to exceed $7 per diluted share on an organic basis, bettering 2023’s $6.18 per share but…
Delays from the customs system on Mexico’s side of the border have snarled commercial truck traffic the past several days at ports of entry in California and Texas. Mexico’s National Customs Agency (ANAM) began reporting intermittent issues with its customs operating system at the border on Tuesday. On Wednesday, ANAM suspended all operations at the…
News releases this week about Nikola’s fourth energy division president in less than two years, the company’s first Hyla-branded modular hydrogen fueler for fuel cell trucks, and Hyzon Motors’ development agreement for fuel cell refuse trucks skirted some underlying issues. Nikola touted the ability to serve up to 40 Class 8 trucks a day with…
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