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The post Daily Infographic: US motor fuel taxes are lower than in other developed countries appeared first on FreightWaves.
On today’s episode of WHAT THE TRUCK?!? Dooner is kicking off the new year by getting drivers ready for the 2024 election season. He’s joined by political influencer Scott Presler, who is on a mission to get every truck driver registered to vote. We’ll find out everything you need to know to make sure your…
Consumer demand for durable goods has taken a nosedive in recent months, and overall spending is down as people grapple with the possibility of a recession. Naturally, most sectors, especially retail, are experiencing weakened demand and falling volumes. This is not the case, however, for the automotive industry. “Motor vehicles enable the consumer to leave…
Truckload carrier Marten Transport added to this week’s trucking earnings calamity, coming in short of consensus on first-quarter earnings per share and revenue, and suffering a 570-basis-point decline in its operating ratio. Marten (NASDAQ: MRTN) posted GAAP earnings per share of 12 cents, which SeekingAlpha said was 2 cents less than the consensus forecast. That…
Hawaiian Airlines can’t catch a break. Runway construction at its home base, engine supplier problems and other headaches outside its control continue to hamper the carrier’s return to profitability as it prepares to fly freighter aircraft for Amazon (NASDAQ: AMZN) for the first time. The challenges contributed to a $98 million loss during the first…
While year-on-year comparisons are the standard for earnings seasons, comparisons this year between the first and second quarters are necessary to grasp how much worse things were for trucking between April and June relative to the first three months of the year. For Marten Transport (NASDAQ: MRTN), the answer was: not all that much worse….
There’s the fog of war and there’s the fog of West Coast port labor disruptions. More than a year after negotiations began and over 11 months since the last contract expired, employers and dockworkers still haven’t come to terms over pay. Accusations are flying. Those speaking to the press have agendas, as do those remaining…