Daily Infographic: Brent crude oil prices averaged $19 per barrel less in 2023 than 2022

Old Dominion Freight Line reported a modest improvement in metrics during February but said market conditions “continue to reflect softness in the domestic economy.” The less-than-truckload carrier saw revenue per day increase 1.2% year over year (y/y) during February, following a 2.7% decline in January. Tonnage was down 3% as a slight increase in shipments…

Boosted by shipments of cars, computers, auto parts and commercial vehicles to the United States, Mexico was the top U.S. trade partner in May, at $73 billion, according to data from the Census Bureau. It was the fifth consecutive month and 15th of the past 16 months Mexico has been No. 1 in trade with…

The largest independent cargo handler at Hong Kong International Airport is taking security measures to the next level with robots that patrol its facilities and sniffer dogs trained to detect lithium batteries in shipments. Hong Kong Air Cargo Terminals Ltd. (Hactl) announced last week that the first security robot is ready to begin surveillance, initially…

To view more FreightWaves infographics, click here The post FreightWaves Infographics: DOJ seeking over $100M from owner, operator of ship that struck Key Bridge appeared first on FreightWaves.

Hawaiian Airlines received the first of 10 Airbus A330-300 converted freighters at its Honolulu base earlier this month and will begin flying it under contract to retail giant Amazon in October, CEO Peter Ingram said Tuesday during a phone briefing about the company’s second-quarter results. The carrier will spend the next few months familiarizing air,…

With travel stop operator Pilot Travel Centers now 80% owned by Berkshire Hathaway, the conglomerate’s first earnings report since Berkshire took its ownership up to that level is providing a more complete look at Pilot’s finances. Pilot had been privately owned but with a 38.6% interest held by Berkshire Hathaway, acquired in 2017. The sale…