To view more FreightWaves infographics, click here
The post Daily Infographic: For the past six months average nationwide monthly gasoline prices have been below $4 per gallon appeared first on FreightWaves.
The post Daily Infographic: For the past six months average nationwide monthly gasoline prices have been below $4 per gallon appeared first on FreightWaves.
Marietta, Georgia-based TruckParkingClub.com, a nationwide marketplace that aims to solve the truck parking dilemma, is launching hourly parking with a pilot program at a Kentucky McDonald’s restaurant. In a recent survey conducted by the American Transportation Research Institute, drivers ranked parking as the No. 1 challenge they face. With more than 3.5 million truck drivers…
Sentiment around transportation capacity signaled slight growth in July. However, readings on utilization and pricing increased more meaningfully, suggesting a freight market correction is on the horizon. The Logistics Managers’ Index (LMI), a survey of logistics supply executives regarding eight key components of the supply chain, displayed a 50.9 reading for transportation capacity in the…
PepsiCo Beverages North America (NASDAQ: PEP) announced this week that it plans to add 50 Tesla electric semi-trucks to its California fleet as part of the company’s mission to reach net-zero emissions by 2040. The snack and beverage company plans to rollout the trucks throughout the next several months, according to an announcement. The trucks…
Contract logistics provider GXO Logistics Inc. reported adjusted fourth-quarter earnings of 70 cents per diluted share, just beating consensus estimates of 69 cents per share. The company also guided to a range of $2.70 to $2.90 per share for 2024, up from $2.59 in 2022, and said top-line growth will likely fall around the midpoint…
On episode 681 of WHAT THE TRUCK?!?, Dooner is joined by Zeem Solutions founder and CEO Paul Gioupis. Zeem just cut the ribbon on its charging depot in Inglewood, California. We’ll find out why Gioipis thinks this is the first step toward electrifying millions of trucks in the state. Uber Freight has released a Scheduling…
Etihad Airways and express carrier SF Airlines have conducted the first freighter flights to each other’s respective home bases in Abu Dhabi, United Arab Emirates, and Wuhan, China, under a new arrangement that expands their global cargo networks. On Saturday, Etihad’s logistics arm inaugurated a second all-cargo destination in China with the arrival of a…