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The post Daily Infographic: Cummins will pay California $175M over emission-rigged engines appeared first on FreightWaves.
Cross-border less-than-truckload carrier Averitt has undertaken a major expansion of its distribution and fulfillment center in San Antonio. The expansion was spurred by the nearshoring movement of companies shifting production and manufacturing to Mexico to be closer to the U.S., officials said. “We’re really just beginning to see the effects of nearshoring on cross-border trucking,”…
The benchmark price used for most diesel surcharges crashed down through the symbolic $4-per-gallon mark for the first time since February 2022, even as the broader futures market suddenly has posted significant gains after recent declines. In coming in at $3.922 a gallon, the Department of Energy/Energy Information Administration posted the biggest one-week decline since…
Shipping stocks are having a good run, generally outperforming the S&P 500, Dow Jones Industrial Average and NASDAQ 100 during the past three years amid the pandemic and Russia-Ukraine war. For those looking to place more bets on U.S.-listed shipping stocks, the lineup is in flux. There are new listings on the New York Stock…
The battle over the constitutionality of California’s Prop 22 lives on, with the state’s Supreme Court granting review of mixed lower and appellate court rulings on the issue of exempting gig workers from independent contractor law AB5. The Supreme Court on Wednesday said it would hear the appeal of the case, which was brought by…
May import numbers are in and yet again, the trend is closely aligned with pre-COVID levels in 2018-2019. But there are two big differences between now and then. Port labor disruptions are now impacting Asian cargo flows to the West Coast and low water levels in the Panama Canal are affecting Asian cargo flows to…
The Association of American Railroads (AAR) has filed a lawsuit against the state of Ohio, saying federal law preempts a new state law that dictates a minimum crew size for freight rail operations. Ohio’s law, signed by Gov. Mike DeWine on March 31, requires at least two individuals to be involved in moving a freight…