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The post Daily Infographic: Texas and New Mexico led US crude oil production in 2022 appeared first on FreightWaves.
The post Daily Infographic: Texas and New Mexico led US crude oil production in 2022 appeared first on FreightWaves.
Supply chain activity slid to an all-time low for a third straight month in May, according to data compiled in the Logistics Managers’ Index (LMI). A Tuesday report aggregating responses from supply chain executives showed the index stood at 47.3, the first reading in contraction territory for the 6.5-year-old data set. The mark was 3.6…
Autonomous trucking software developer TuSimple is cutting 300 more U.S. jobs — 30% of its global workforce. But it will keep its China operations, reversing a plan to sell or spin them off. The moves announced Thursday mean the company now will have just 750 employees. That’s about half its size before a restructuring in…
Retail diesel prices have continued their downward march, with the benchmark used for most fuel surcharges dropping for the sixth week in a row. The Department of Energy/Energy Information Administration price declined 3.5 cents a gallon, to $4.247. It was the sixth consecutive week the price had declined, falling 21.2 cents a gallon during that…
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Truck transportation jobs in the U.S. did something in June and July that they hadn’t done since the start of the pandemic: decline in both months. Since truck transportation seasonally adjusted jobs posted declines of 4,100 jobs and 84,500 jobs in March and April 2020, respectively, the number of jobs in that sector reported by…
Airbus Beluga Transport, a new cargo airline established by the European aircraft manufacturer to carry oversize shipments, is open for business and prospecting for customers. An ultralarge BelugaST freighter will arrive Monday afternoon at Orlando Sanford International Airport in Florida with an Airbus-built Eutelsat E36D satellite, which will be trucked to the Kennedy Space Center…