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The post Daily Infographic: Delivery options? Free and fast for the win appeared first on FreightWaves.
Everyone knew the container shipping boom would end — it was a one-off spike driven by a pandemic and government stimulus, not a permanent change in fundamentals. But no one knew how container shipping markets would play out after the boom. The consensus soon after the market peaked was that consumer demand would sink after…
Where is the U.S. recession economists and pundits have been predicting for the past year? There’s no evidence of a recession yet in containerized imports, which continue to track — and remain slightly above — the pre-COVID “normal.” Descartes reported Monday that imports at all U.S. ports totaled 2,081,793 twenty-foot equivalent units in June, up…
Contract logistics provider GXO Logistics Inc. (NYSE: GXO) reported better-than-expected second-quarter results late Wednesday and raised its full-year outlook for earnings per share and earnings before interest, taxes, depreciation and amortization. Second-quarter revenue grew 11% year over year to $2.4 billion, with organic revenue increasing 3%. Net income rose 27% to $65 million. Operating income…
An investigation is underway after a CSX worker was killed on the job Tuesday in Roanoke Rapids, North Carolina. The incident happened around 1:30 p.m. on CSX’s Northend Subdivision, according to the Roanoke Rapids Police Department. Details have not been released, but the National Transportation Safety Board said the employee was killed by moving equipment….
On today’s episode of WHAT THE TRUCK?!? Dooner is coming to you live from FreightWaves’ Future of Supply Chain in Cleveland, OH. He’s talking about the guardians of transportation; the black hole of logistics; taking a semi to the conference room floor; data fragmentation at the ports; and building a better roadmap for tech. He’s…
Federal regulators are considering an ELD exemption for a truck driver who claims his money would be better spent on other safety issues. Arbert Ibraimi, a Chicago-area owner-operator, is requesting that the Federal Motor Carrier Safety Administration relieve him of the ELD requirement until Oct. 9 because buying an ELD “is virtually only practical for…