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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.
On-demand delivery platform Frayt announced Tuesday it has closed $7 million in Series A funding led by Refinery Ventures with participation from Capital Midwest, Venture 53 and the JobsOhio Growth Capital Fund to continue executing its objective of not only building a marketplace for shippers to obtain last-mile services but to encourage its driver network’s…
Driver turnover. Fleet safety scores. Insurance premiums. A lot is riding on hiring, onboarding, training, and retaining the right drivers. Ongoing training supported by advanced technology that includes a telematics device makes all the difference. The most effective programs approach training as a continuously evolving process, not a once-and-done rite of passage for new drivers. ISAAC’s in-cab…
Retail diesel prices have continued their downward march, with the benchmark used for most fuel surcharges dropping for the sixth week in a row. The Department of Energy/Energy Information Administration price declined 3.5 cents a gallon, to $4.247. It was the sixth consecutive week the price had declined, falling 21.2 cents a gallon during that…
Third-party logistics provider C.H. Robinson announced Monday it uses electronic bills of lading with 10 of the top less-than-truckload carriers on its platform. It said it plans to implement the capabilities with an additional four carriers. The digitization of the essential shipping document improves efficiency, minimizes errors and provides increased real-time visibility. C.H. Robinson (NASDAQ:…
Cummins Inc., an engine-maker and power distribution company that was fined a record $1.675 billion for emissions violations, has received a $75 million Department of Energy grant for zero-emissions manufacturing. The company will match the grant to convert approximately 360,000 square feet of its manufacturing space in Columbus, Indiana, the company announced. The funds will…
Over its dozen years, the ACT Expo has defied the trajectory of many industry trade shows. A comfortable, easygoing affair in Southern California’s Long Beach Convention Center outgrew its venue in 2022, when 8,000 attendees packed the house. A lack of hotel space drove expo-goers to stay miles away. Show organizer Gladstein, Neandross & Associates…