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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.
There’s an increasing abundance of skittishness surrounding the future of East and Gulf Coast ports. The labor contract between the International Longshoremen’s Association and the United States Maritime Alliance (USMX) is set to expire at the end of September. The ILA represents some 70,000 dockworkers, while the USMX represents employers at 36 coastal ports —…
Hello, and welcome to the coolest community in freight! Here you’ll find the latest information on warehouse news, tech developments and all things reefer madness-related. I’m your controller of the thermostat, Mary O’Connell. Thanks for having me! All thawed out (Photo: Jim Allen/FreightWaves) Cold chain tech provider Grip has moved into the fulfillment space. The…
Trucking, logistics and factoring companies are collectively owed millions of dollars after a California-based freight forwarder filed for bankruptcy liquidation. Boateng Logistics, headquartered in Carlsbad, California, filed its petition Friday in the U.S. Bankruptcy Court for the Southern District of California. In its filing, Boateng Logistics listed its assets as up to $50,000 and its…
On Monday, Georgia Ports released February container volume numbers for the Port of Savannah: total throughput of 451,670 twenty-foot equivalent units, good for 14.4% year-over-year growth. Loaded imports totaling 219,000 TEUs were up 19% year over year, and loaded exports of 121,930 TEUs were 10% above February 2023. To put the overall volume numbers into…
Truck transportation jobs rose slightly between April and May but recent downward revisions mean that the net number of jobs in that sector over the last four months has declined. The figure released Friday by the Bureau of Labor Statistics reported that there were 1,609,200 seasonally adjusted jobs in the truck transportation sector in May. …
This story is developing. The Surface Transportation Board has approved, with conditions, Canadian Pacific’s plans to merge with Kansas City Southern, paving the way for CP to take control of KCS as early as April 14. The conditions include an “unprecedented” seven-year oversight in which CP (NYSE: CP) and KCS will provide extensive data to…