To view more FreightWaves infographics, click here
The post Daily Infographic: EIA expects relatively flat crude oil prices in 2024 and 2025 appeared first on FreightWaves.
The post Daily Infographic: EIA expects relatively flat crude oil prices in 2024 and 2025 appeared first on FreightWaves.
Analysts are cutting truckload earnings estimates again just ahead of fourth-quarter reports, which will start to trickle in later this week. Recent channel checks revealed a notable falloff in fundamentals in the back half of December, dispelling hopes that the quarter would be a transitionary period. “We understand that multiple companies across multiple sub-sectors across…
More than half the states in the U.S. are now intervenors in the lawsuit that challenges a waiver granted to California to implement its Clean Trucks rule. Following a petition filed in early June that allowed 19 states to challenge the waiver granted in April by the Environmental Protection Agency, the U.S. Court of Appeals…
Robin Hutcheson. Credit: FMCSA Robin Hutcheson is resigning from her post as head of the Federal Motor Carrier Safety Administration, a U.S. Department of Transportation source confirmed to FreightWaves. Her last day at the agency will be Jan. 26. No reason was given as to why she is leaving. Sue Lawless, FMCSA’s assistant administrator, is…
Shortly after less-than-truckload carrier Yellow Corp. said Tuesday it would go through with plans to defer required contributions to funds managed by Central States Funds, the International Brotherhood of Teamsters issued a strike notice. The notice said a work stoppage could occur as soon as Monday. “Yellow has failed its workers once again and continues…
The end of Panama’s dry season is in sight, and the Panama Canal Authority (ACP) plans to welcome more vessels in the coming weeks. Over six months since the Panama Canal’s reservoir system suffered from the driest October in at least 73 years, the ACP finally sees a path to normalizing operations. On March 25,…
Post-pandemic stagflation and the policy responses to it, including higher interest rates, are having complex impacts on different parts of the economy, from putting the brakes on new housing starts (down 22% year over year in April) to drying up West Coast import container volumes (down 15% year over year in May). Meanwhile, GDP growth…