To view more FreightWaves infographics, click here
The post Daily Infographic: EIA forecasts crude oil prices will increase through 2024 as demand rises above supply appeared first on FreightWaves.
The post Daily Infographic: EIA forecasts crude oil prices will increase through 2024 as demand rises above supply appeared first on FreightWaves.
American Airlines saw first-quarter cargo revenue fall 37.8% year over year to $223 million primarily due to lower yield and lower demand, the company reported on Thursday. The company’s cargo revenue was only $5 million more than in 2019, a weak year for cargo and benchmark for a normal business environment following the pandemic. Nearly…
Railroads, shippers and unions are tracking hot topics ranging from service improvement to government oversight to safety regulations in 2024. Here is an overview. Reciprocal switching, common carrier obligation The Surface Transportation Board is continuing work on rail service issues, including finalizing a rulemaking on reciprocal switching in the first half of the year, if…
Transportation and logistics provider ArcBest said Thursday that Chief Yield Officer Danny Loe has resigned to “explore other opportunities.” Loe informed the company on Monday that his last day would be June 16. ArcBest (NASDAQ: ARCB) said Christopher Adkins, current vice president of yield strategy, will assume the lead pricing position upon Loe’s departure. “Danny…
On today’s episode of WHAT THE TRUCK?!? Dooner is talking to SONAR architect and FreightWaves Chief Technology Officer Daniel Pickett about how high-frequency freight data in FreightWaves SONAR foresaw the freight recession. We’ll learn about what SONAR is, how it was developed, why lagging data is killing carriers and what the market signals are saying…
With 7 miles of a key interstate in the Northeast likely to be offline for months following a fire on Sunday, trucking officials cautiously took stock Monday of how service might be impacted. Trucking officials contacted by FreightWaves about the closing of part of Interstate 95 in northeast Philadelphia were reluctant to do two things:…
The established Red Sea diversion routes may have provided some clarity for companies in their supply chain planning, but it’s the duration of these diversions that needs to be factored in when strategizing for peak season. Why? Container availability. Yes, manufacturing orders are down but with containers out on the water longer, it delays those…