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The post Daily Infographic: Tesla prioritizing volume over profit appeared first on FreightWaves.
In partnership with Uber Freight, the photo collection Sisters of the Road by photographer Anne Marie Michel begins its U.S. tour on Friday outside San Francisco, honoring the women’s trucking community for Women’s History Month. Deb Desiderato photo from Sisters of the Road collection. (Photo: Anne Marie Michel) Sisters of the Road dives into the…
J.B. Hunt Transport Services announced Thursday it has entered a long-term intermodal deal with Walmart that includes volume and capacity commitments. As part of the deal, J.B. Hunt will acquire Walmart’s intermodal assets. The multiyear deal expands an existing relationship between the two Northwest Arkansas companies, with J.B. Hunt (NASDAQ: JBHT) buying Walmart’s (NYSE: WMT)…
FORT WORTH, Texas – Peterbilt Motors could have made a bigger spectacle of launching its high-end, low-volume Model 589. But it is hard to imagine how. A Peterbilt-only Pride & Class Truck Show of more than 200 heritage models. Renting out the cavernous Texas Motor Speedway. A Southern rock concert. More than 3,000 attendees from…
The Port of Virginia recently completed a project to widen its ship channel to allow better access for the world’s largest container ships. The port’s shipping channel is now up to 1,400 feet wide in some areas, allowing simultaneous two-way traffic of ultralarge container vessels (ULCVs) traveling through Norfolk Harbor, officials said. “Before the channel…
Diesel markets have now come pretty much full circle since the Russian invasion of Ukraine, at least at the pump. The benchmark Department of Energy/Energy Information Administration average weekly retail price fell to $4.098 a gallon Monday, a decline of 0.7 cents a gallon. With that move, the price is now less than where it…
Shearer’s Foods Shearer’s Foods is permanently closing a production facility in Lubbock, Texas, and laying off all 176 workers, according to a filing with the Texas Workforce Commission (TWC). The Massillon, Ohio-based company is a contract manufacturer and private label supplier of salty snacks, cookies and crackers. “After an extensive period of consideration, the difficult…