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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.
The beluga is an odd-looking whale found in the cold waters of the Arctic Circle. An aircraft that mimics the whale’s bulging forward attracts a lot of attention. It could become a more frequent visitor to North America after recently receiving operating authority from the Federal Aviation Administration. European aerospace manufacturer Airbus has commercialized the…
Canadian trucking and logistics provider Mullen Group said Monday it is acquiring fellow Alberta carrier B. & R. Eckel’s Transport. Mullen Group (TSX: MTL) said the share purchase transaction, which will be funded with cash and funds from its credit lines, is expected to close on Monday. Financial terms of the transaction were not provided….
Lease signings for big-box facilities–those greater than 1 million square feet — fell 36% in the second quarter over the 2022 period, according to data from real estate services firm CBRE Group Inc. (NYSE: CBRE) published Friday. This triggered an 18% decline in total industrial space leased during the first six months to 373 million…
The use of electronic bill of lading (eBOL) capabilities is gaining steam throughout the less-than-truckload industry, the National Motor Freight Traffic Association (NMFTA) said Friday. The goal is to create one industrywide standard for carriers, shippers and 3PLs, eventually replacing the various digital platforms used today. The NMFTA’s Digital LTL Council has been working on…
FedEx would benefit from the partial, or complete, loss of its huge contract with the U.S. Postal Service because it would force the parcel delivery giant to downsize a bloated and expensive air transport network, which could help revive profitability, said Brandon Oglenski, who covers the company for Barclays Bank. FedEx Express (NYSE: FDX) and…
One quarter into the year, and it’s clear this will be a tussle for CEO Carol Tomé & Co. When the year started, UPS Inc. (NYSE: UPS) put its full-year projections into two buckets: One with flat average daily volumes, and a negative scenario of 5% or less average daily volume declines. The results released…