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The post Energy trade between Mexico and the United States reached a record $81.9 billion in 2022 appeared first on FreightWaves.
The post Energy trade between Mexico and the United States reached a record $81.9 billion in 2022 appeared first on FreightWaves.
Pam Transportation Services reported late Wednesday a more than 60% year-over-year (y/y) reduction in operating income on revenue that was down just 13%. The Tontitown, Arkansas-based truckload carrier saw revenue in its TL unit drop 14% y/y to $146 million even though average trucks in service (up 9%), total loads (up 15%) and loaded miles…
Air Canada has again scaled back growth plans for its startup freighter division, announcing Thursday it has canceled orders with a vendor to convert two Boeing 767-300 passenger jets into freighters. The airline took a one-time charge of US$14.5 million for backing out of reservations for production slots at Israel Aircraft Industries, it said in…
By Bart De Muynck The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. It is no secret that the logistics industry is facing a challenging landscape characterized by low freight rates and excess capacity. This situation is a result of several factors, including…
The challenges facing the world of trade have unfortunately become white noise. Seafarers have been taken hostage, some have lost their lives in vessel attacks, and ships have sunk to the bottom of the ocean. Yet the threat to the freedom of navigation and the ramifications of these Red Sea attacks have become part of…
To view more FreightWaves infographics, click here The post FreightWaves Infographics: FedEx rebrands aircraft, ground vehicles with new logo appeared first on FreightWaves.
The Transportation Security Administration is easing the compliance burden on airfreight intermediaries by allowing the logistics businesses to submit applications renewing security credentials once every three years instead of annually, according to a recent regulatory notice. The rule change, which takes effect on Monday, impacts about 3,800 indirect air carriers registered with the TSA. The…