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The post Daily Infographic: US gasoline prices are down from 2022 heading into Memorial Day weekendDaily Infographic: appeared first on FreightWaves.
The post Daily Infographic: US gasoline prices are down from 2022 heading into Memorial Day weekendDaily Infographic: appeared first on FreightWaves.
Nearly four years after the Federal Motor Carrier Safety Administration’s Drug & Alcohol Clearinghouse was established, it continues to have a significant impact on the trucking regulatory landscape. Michael Precia, president and chief strategy officer at Fleetworthy Solutions, joined FreightWaves in an interview to discuss the clearinghouse’s impact on the industry and its goal of…
The price of Russian Urals crude, exported from ports in the Black Sea and Baltic Sea, is now at or above the $60-per-barrel price cap set by the Group of Seven nations and the European Union. If it stays there or rises further, European tanker owners and their U.K. insurers will not be able to…
Zim, the world’s 10th-largest ocean carrier, announced a big earnings beat for the fourth quarter and paid out a higher-than-expected dividend. However, it faces a tough year ahead, with a chance of at least some quarters in the red. The company’s shares (NYSE: ZIM) surged Monday on news of the earnings beat, jumping as much…
In the fast-paced world of freight transportation, success is often determined by a carrier’s ability to deliver goods damage-free and on-time, but really, it’s driven by the people behind the scenes who make it all happen. That’s why new Chief Human Resources Officer of XPO, Carolyn Roach, is highly focused building a workplace culture where…
Environmental advocates are hoping the Pipeline and Hazardous Materials Safety Association (PHMSA) will soon release a proposed rulemaking that will become the new regulation governing the movement of liquefied natural gas by rail in the United States. But advocates also say PHMSA has continuously missed its deadlines for both releasing the new proposed rule and…
Air Transport Services Group, the top air cargo partner for Amazon and largest global lessor of freighter aircraft, on Tuesday named Mike Berger, the current president, to replace Joe Hete as CEO seven months after Hete stepped in to stabilize the company’s finances and stock price during a transitional period. Hete, who also serves as…