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The post Daily Infographic: EIA expects lower crude oil prices for the second half of 2023 and for 2024 appeared first on FreightWaves.
The post Daily Infographic: EIA expects lower crude oil prices for the second half of 2023 and for 2024 appeared first on FreightWaves.
Temperature-controlled real estate investment trust Lineage Logistics said Thursday it has opened a 220,000-square-foot facility near the Port of Savannah to process up to 1.4 million pounds of produce per day. The Savannah Fresh-Port Wentworth facility, located in the city of Port Wentworth, Georgia, has 23 inbound and outbound lanes that can process more than…
Renewable fuels producer Oleo-X has established a production facility in Mississippi that will be served by CSX. The facility in Pascagoula will produce renewable diesel and sustainable aviation fuel feedstock used in pretreatment. CSX (NASDAQ: CSX) says the facility — located on a former Chemour chemical manufacturing facility that produced chemicals for tires, dyes and…
Transport and logistics company TFI International Inc. posted fourth-quarter adjusted earnings of $1.71 per diluted share, a 4-cent-per-diluted-share beat from consensus estimates. Alain Bédard, the company’s chairman, president and CEO, told analysts that he expects full-year earnings per share to exceed $7 per diluted share on an organic basis, bettering 2023’s $6.18 per share but…
On Episode 705 of WHAT THE TRUCK?!?, Dooner is talking to Edison Motors Ltd. CEO Chace Barber about the troubles facing his EV truck Topsy in Canada. After the company was recently denied a grant, Canadian opposition parties are demanding a probe into alleged government kickbacks. Barber shares his side of the story. Road Dog…
By Craig Allan The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The catastrophic Francis Scott Key Bridge collapse was a tremendous loss for the city of Baltimore, which is left grieving the tragic loss of life and bracing for massive disruption….
Happy Returns, a UPS company, has launched its buy-online, return-in-store (BORIS) solution for retailers to develop reverse logistics networks with physical brand locations to improve consumer experience. Happy Returns also announced Tuesday that e-commerce giant Shein and retailer Forever 21 will be the first cross-brand partnership to use the BORIS product. According to the company,…