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The post Daily Infographic: Railroads are hiring appeared first on FreightWaves.
The post Daily Infographic: Railroads are hiring appeared first on FreightWaves.
Digital freight marketplace Transfix announced Thursday that it has partnered with transportation provider Rocket Shipping to provide customers with a new less-than-truckload booking feature. “Our partnership with Rocket Shipping leverages their deep expertise in LTL and final-mile services, integrating this knowledge directly into Transfix’s Shipper App and combining it with our decade of experience in…
Chart of the Week: Outbound Loaded Rail Container Volumes, Outbound Tender Volume Index – USA SONAR: ORAILL.USA, OTVI.USA Intermodal demand remains elevated through early November, averaging over 8% higher from an annual perspective. Truckload demand appears to be waning at the same time, with the national Outbound Tender Volume Index (OTVI) showing 3% lower versus this point in…
FedEx Corp. said Tuesday it will merge its FedEx Express and Ground operations in Canada, making Canada the first FedEx country where the two operations will be fully unified. The combination will occur in phases, starting in April 2024 and finishing around the 2024 peak season, the company said. Under the structure, FedEx Express will…
Chart of the Week: Outbound Loaded Rail Container Volumes – USA SONAR: ORAILL.USA Loaded rail intermodal container volumes were down approximately 8% from the first quarter last year and, more surprisingly, 5.7% from pre-pandemic Q1 2020 — suggesting there has been more than simple freight demand erosion for the sector. Shifting transportation demand patterns have already cut into…
Senators grilling Norfolk Southern’s chief executive at a Thursday hearing was part of their wider effort to gauge rail industry’s willingness to be subject to new safety regulations. The hearing’s main purpose was to look at the actions of those responding to the Feb. 3 derailment of a NS train in East Palestine, Ohio, according…
Oil markets are in the middle of a major downward rout, and the weekly retail diesel benchmark price used for most fuel surcharges is having trouble keeping up with the sell-off in the futures market. The Department of Energy/Energy Information Administration average retail diesel price fell 2.6 cents a gallon to $3.625 in a price…