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The post Daily Infographic: 2-person crews become law in Ohio appeared first on FreightWaves.
The post Daily Infographic: 2-person crews become law in Ohio appeared first on FreightWaves.
Union Pacific is expanding intermodal service at Port Houston for customers seeking to reach five metropolitan markets in the western U.S. The service, which starts Thursday, enables ocean carriers and beneficial cargo owners (BCOs) to load intermodal containers directly onto flat cars at the Barbours Cut Container Terminal at Port Houston instead of having to…
Western regional parcel carrier GLS hopes that it can save its shippers significant money by being very specific about how it costs out its services. The Dutch carrier, with U.S. headquarters in Santa Fe Springs, California, recently announced the launch of its Zone 0 — defined by GLS as super short-haul, super-dense urban areas —…
Most performance measures at Ryder System in the second quarter were down from a year earlier but the company made a significant upward revision in its forecast for the remainder of this year. That was the key driver in the company’s stock performance Wednesday. At approximately 1:30 p.m. EDT, Ryder (NYSE: R) was up $6.21,…
Logistics professionals have long heralded industry conferences as some of the best places to connect with peers, learn about emerging solutions, and grow relationships with existing partners. This is especially true in the years after the coronavirus pandemic. For many, these conferences are now the only opportunity to meet with industry connections face-to-face. Tenstreet held…
Global logistics powerhouse Kuehne+Nagel suffered substantial revenue and profit erosion in 2023, including the final quarter, as excess air and ocean capacity combined with a post-COVID slow down in trade lowered rate levels, hurting bottom lines across the freight transportation sector. Executives said they are seeing some stabilization in demand , but don’t expect a…
The freight recession has officially dragged on longer than the COVID boom, and brokers are feeling the pinch of chronically suppressed margins. While it is tempting to forgo tech upgrades during a downturn in an attempt to save money, this approach will leave brokers at an even greater disadvantage when the market inevitably turns. High-frequency…