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The post Daily Infographic: US petroleum product exports set a record high in 2022 appeared first on FreightWaves.
Institutional investor Seth Holm said he’s upbeat on transportation stocks long term but noted the sector is in a “perfect negative storm,” with volumes under pressure, a collapse in pricing and roughly 50% inflation across most cost buckets. His comments were part of a fireside chat with Craig Fuller, FreightWaves founder and CEO, at Future…
To view more FreightWaves infographics, click here The post Daily Infographic: Volvo recalls 63,095 trucks for defective wiper motors appeared first on FreightWaves.
Minnesota Gov. Tim Walz has said he will sign into law a bill that ends the threat of Uber and Lyft leaving the Twin Cities area and sets statewide compensation rates for ride-hailing services. Meanwhile, arguments in the California Supreme Court’s review of Proposition 22, which aims to protect gig workers from the state’s AB5…
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To view more FreightWaves infographics, click here The post Daily Infographic: How the war redirected Ukraine’s grain exports appeared first on FreightWaves.
Less-than-truckload carrier Yellow Corp. has filed for bankruptcy, putting to end the 99-year-old trucking firm. In its Chapter 11 filing in a Delaware court Sunday, the company estimated its assets and liabilities at $1 billion-$10 billion. “It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business,” said…