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FreightWaves SONAR, the leading global supply chain market intelligence provider, is proud to announce a strategic partnership with WeatherOptics, a cutting-edge weather impact and risk intelligence platform. This collaboration will introduce WeatherOptics as the new provider of critical weather event insights on the FreightWaves SONAR platform, enriching the weather-related insights available to SONAR users. FreightWaves…
How ice and coal hauling led to burgeoning cruise business
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. Every week, FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago. This article comes from the September 1975 issue of American Shipper and shows…
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WASHINGTON – Senate Republicans have effectively killed tax legislation with truck-friendly provisions that had bipartisan support when it passed the House in January. The Tax Relief for American Families and Workers Act of 2024, a $79 billion tax package, allows accelerated depreciation for capital investments and provides more generous deductions for interest expenses — provisions…
LTL, brokerage woes weigh on ArcBest’s Q3
Weak demand coupled with cost pressure weighed on ArcBest’s third quarter. The company has mitigated some of the earnings pressure through internal initiatives in recent quarters but really needs a more cooperative freight market to push numbers higher. ArcBest (NASDAQ: ARCB) reported third-quarter adjusted earnings per share of $1.64, 21 cents below the consensus estimate…
FreightWaves Infographics: Maersk opens logistics warehouse in El Paso
To view more FreightWaves infographics, click here The post FreightWaves Infographics: Maersk opens logistics warehouse in El Paso appeared first on FreightWaves.
Truckload’s new cycle; Truckers for Troops; organized cargo crime rings | WHAT THE TRUCK?!?
On episode 783 of WHAT THE TRUCK?!? Dooner is joined by RXO’s Corey Klujsza to bring down their latest spot market report. We’ll find out why RXO says we’re in a new cycle, and we’ll learn how we got here. OOIDA is celebrating veterans with Truckers for Troops! The fundraising effort has been an OOIDA…