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The post Daily Infographic: In 2023, US average retail gasoline prices were 40 cents a gallon lower than in 2022 appeared first on FreightWaves.
The post Daily Infographic: In 2023, US average retail gasoline prices were 40 cents a gallon lower than in 2022 appeared first on FreightWaves.
On Monday, London-based insurtech provider Loadsure announced it is massively expanding its presence in Europe, offering its freight insurance and risk management solutions to Germany, France, Denmark, Norway, Finland, Sweden and the Benelux region — Belgium, the Netherlands and Luxembourg. The company also announced its new hire, Ben Brough, will lead the international team as…
Cloud-based transportation management software provider Rose Rocket announced Tuesday it has closed a $38 million Series B round led by Scale Venture Partners with participation from current investors Addition Capital, Shine Capital, Scale-Up Ventures, Founders Club and Y-Combinator. The company has raised $69 million since its inception in 2015. Co-founder and Chief Strategy Officer Justin…
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Echo Global Logistics grows cross-border footprint as trade booms; Maersk launches cross-border warehouse in Tijuana; Yokohama announces $380M tire plant in Mexico; and Legendz Way to open distribution center in North Texas. Echo Global Logistics grows…
Pioneering brokerage and logistics technology provider Ship OGRE recently completed the acquisition of third-party logistics provider Brokerage and Transportation Sales Inc. (BTS). The merger includes integrating BTS into OGRE’s “Ship Like a Beast”’ platform, which simplifies operations, reduces costs and provides a seamless end-to-end experience from manufacturers to end customers. Wes Queen, founder and CEO…
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…
Americold Realty Trust plans to locate warehouse facilities along the rail network of Canadian Pacific Kansas City (CPKC) as part of wider plans to expand intermodal transportation options and cold storage offerings for markets in the U.S. Midwest and Mexico. The collaboration will also enable shippers to experience streamlined border crossing procedures, according to the…