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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.
Shipment marketplace Uber Freight announced Thursday it’s launching its Carrier Card, a fintech tool that can be used to make fuel purchases through the company’s platform. The Carrier Card will be powered by AtoB, a fleet card management platform that partners with logistics-related companies including shipping marketplace uShip, Asian and Hispanic grocery app Weee!, and…
This story previously appeared on Trains.com. BNSF Railway owes Washington state’s Swinomish Indian Tribal Community $394.5 million for violating an agreement governing railroad operation across tribal land, a federal judge has ruled. Judge Robert Lasnik of the U.S. District Court for the Western District of Washington reached that figure after a four-day bench trial, The…
Jennifer Rumsey, who became CEO of engine maker and technology provider Cummins Inc. a year ago, also will chair the company following the retirement of her mentor and vocal fan, Tom Linebarger. The mutual admiration between the two played out again Wednesday with the announcement that Rumsey would succeed Linebarger Aug. 1 as chair of…
With geopolitical tensions rising around the Suez Canal and water levels dropping at the Panama Canal, one could be forgiven for expecting U.S. imports to fall in January. But, according to new data from Descartes, they were shockingly robust. The U.S. imported 2,273,125 twenty-foot equivalent units of containerized goods in January, up a surprising 7.9%…
The car carrier Grande Costa d’Avorio continued to burn on Friday alongside the pier in Newark, New Jersey. As firefighters doused the top decks with water, gas tanks of automobiles parked inside continued to periodically explode. “The projected timeline at this point is that the fire is going to burn for a couple more days,”…
WASHINGTON — Federal regulators are summoning executives from the major freight railroads to a rare public hearing to explain how their companies plan to invest in and grow their business amid concern over recent negative volume trends. In a notice published Friday, the Surface Transportation Board, which regulates railroad rates and service, said it also…