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The post Daily Infographic: EU’s ban on diesel fuel from Russia shifts trade patterns appeared first on FreightWaves.
The post Daily Infographic: EU’s ban on diesel fuel from Russia shifts trade patterns appeared first on FreightWaves.
ASL Aviation Holdings, a Dublin-based contract air transport provider for Amazon and other companies, has eliminated positions for 28 pilots. The move appears connected to the online retailer scaling back the number of flights it operates in Europe. The company confirmed that it released the pilots, who were provided by recruitment firm CAE Parc Aviation,…
FreightWaves has written extensively in recent months about how historically weak U.S. box demand has been, and nothing’s changed of late. In fact, demand continues to surprise to the downside, even though it’s been consistently worse than the largest North American containerboard and box producers expected in each of the past three quarters. Why does…
Covenant Logistics Group reported adjusted earnings per share of $1.07 for the fourth quarter Tuesday after the market closed, a 22% year-over-year (y/y) decline. Covenant’s total revenue in the quarter declined 7.4% y/y to $273.9 million, with the carrier citing weaker freight conditions in the truckload market despite strategic planning that yielded positive results, said…
BNSF’s mechanical division and the Brotherhood of Railway Carmen (BRC) are working together on a program that seeks to ensure brake health. BRC is supportive of BNSF’s (NYSE: BRK) efforts to go before the Federal Railroad Administration and ask for the expansion of a test waiver that would enable both parties to continue work on…
On Episode 691 of WHAT THE TRUCK?!?, Dooner is joined in studio by Redwood’s vice president of sourcing and author Gubio Henrique. They’re talking about his new book “Insights To Nearshoring.” We’ll find out the good, the bad, the winners, the losers and what’s happening now in this emerging space. CtrlChain CEO and founder Giovanni…
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…