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The post Daily Infographic: Ryder opens new logistics center in Texas amid US-Mexico trade boom appeared first on FreightWaves.
The post Daily Infographic: Ryder opens new logistics center in Texas amid US-Mexico trade boom appeared first on FreightWaves.
Eastbound trans-Pacific ocean container spot rates plunged again this week as container ship capacity on the trade lane recovers and volumes reset at a lower level than they were pre-Lunar New Year. The Freightos Baltic Daily Index spot rate for China to the West Coast of North America fell from $3,620 per forty-foot equivalent unit…
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. Trains have been a part of pop culture since its invention, especially film. Here at FreightWaves, some of our favorite films are about rail or take place on trains. This is a list of our favorite train…
The passage of any rail safety legislation in Congress next year is likely to be influenced by two things, industry observers told FreightWaves: the 2024 presidential election and the release of a report by the National Transportation Safety Board on the February 2023 derailment of a Norfolk Southern train in East Palestine, Ohio. That February…
Air Canada on Friday reported first-quarter results that included a 40% drop in cargo revenue to CA$238 million ($177 million), primarily driven by less throughput in the Pacific market after the airline returned planes to passenger service that were temporarily deployed for cargo-only purposes during the pandemic. Air Canada’s (OTCUS: ACDVF) cargo sales were also…
At times, innovation is born out of curiosity, as inquisitive minds look for ways to simplify dated processes. Often, however, it arises from necessity, driven by the need to compete on a global scale. Technology solutions provider Speedcargo was formed in response to necessity and has made global headlines for its work to provide scalable…
Twenty-six years ago, the U.S. Postal Service stepped into the breach when a strike by the Teamsters union shut down virtually all of UPS Inc.’s domestic delivery network. By the accounts of people who were around at the time, the Postal Service performed admirably under difficult circumstances. More than a quarter-century later, the same scenario…