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The post Daily Infographic: US diesel prices have fallen below prices from before Russia’s invasion of Ukraine appeared first on FreightWaves.
The post Daily Infographic: US diesel prices have fallen below prices from before Russia’s invasion of Ukraine appeared first on FreightWaves.
C.H. Robinson last quarter touted its improvement sequentially since the year-on-year comparisons were still negative. But second-quarter earnings show both continued improvement sequentially from the first quarter and from a year ago. The stock price reacted immediately. By 4:15 p.m., C.H. Robinson (NASDAQ: CHRW) was up almost 9% to $97. It closed at $89.05. In…
On March 31, 2022, FreightWaves declared that a freight recession was imminent. More than two years later, the freight market remains in one of its deepest and longest recessions in history. Our original conclusion was derived from signals from FreightWaves SONAR. Its high-frequency datasets, which track freight supply and demand in real time, indicated an…
This story has been updated. Temperature-controlled logistics real estate investment trust Lineage Inc. said nearly 57 million shares of its common stock were priced at $78 per share ahead of its initial public offering on Thursday. The deal will haul in roughly $4.4 billion in proceeds, better than the $3.4 billion to $3.9 billion range…
The logistics industry’s impact on climate change was the focus of discussion this week at visibility provider project44’s companywide town hall, which included a chat between project44 President and COO Vivek Kundra and former U.S. Vice President Al Gore. “Visibility into every part of the supply chain is a critical step in measuring and reducing…
This year’s Future of Freight Festival takes place Nov. 19-21 in Chattanooga, Tennessee. But it’s not your average conference. Sure, there are wonderful speakers and fireside chats. But that’s only half the fun. F3 is set up with half-days of speakers and amazing content. The other half we take over downtown Chattanooga, and there are…
On episode 753 of WHAT THE TRUCK?!? Dooner is joined by supply chain super consultant Brittain Ladd to talk about how Costco leveraged its supply chain to become the third largest retailer in the world. Nearly one third of Americans count themselves as members and the company is now expanding into East Asia. Ladd shares…