To view more FreightWaves infographics, click here
The post Daily Infographic: 10 highest paying trucking salaries of 2023 appeared first on FreightWaves.
The post Daily Infographic: 10 highest paying trucking salaries of 2023 appeared first on FreightWaves.
While venture capital investment in startups has slowed over the last several quarters, funding continues to flow to companies focused on boosting the global supply chain. Supply chain-focused startups Unity SCM, Ox, Prewave and Pando recently secured a combined $70.6 million in venture capital. Overall, venture funding for supply chain startups in the fourth quarter…
As the global trade recession began to materialize in 2022, there was a great deal of hype over the potential boost to ocean container demand once the Chinese government ended its COVID restrictions and lockdown measures. But now that hype has faded and what was once hoped to be a great reopening and much-needed boost…
UPS Inc. early Tuesday came in with weaker than expected first-quarter results as U.S. retail sales fell more than the company expected and it faced ongoing demand weakness in Asia. Revenue was reported at $22.9 billion, down 6% from the same period a year ago. Consolidated operating profit was $2.5 billion, down 21.8% compared to…
Canada scored a major victory earlier this year when German automaker Volkswagen announced that it was building a $14 billion battery plant for electric vehicles in St. Thomas, Ontario. Slated to open in 2027, the Volkswagen EV battery factory will be the first of its kind in Canada. “With this historic project, we’re not just…
The National Motor Freight Traffic Association Inc. (NMFTA) the group representing the less-than-truckload industry, said Wednesday it has named Ray West its chief operating officer. As head of NMFTA’s daily operations, West will oversee the group’s four main functions: digital operations, cybersecurity, management of the long-standing model that determines LTL prices by the commodity’s classification,…
Brake Safety Day, an unannounced inspection conducted by the Commercial Vehicle Safety Alliance, pulled over fewer trucks this year than in 2022 and found a better compliance rate. This year’s brake inspection event was April 19. A year ago it was April 27. In the recently completed inspection for this year, CVSA said it found…