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The post FreightWaves Infographics: Florida man arrested on charges of shooting Walmart delivery drone appeared first on FreightWaves.
WASHINGTON — House lawmakers have approved legislation directing the U.S. Postal Service to set new rules for keeping track of crashes involving its trucking contractors, including penalties against motor carriers for failing to report them. On Monday the House passed, by voice vote, the Mail Traffic Deaths Reporting Act of 2024, which would require contract…
Cargo business at publicly traded passenger and combination airlines showed improvement in the second quarter from the prior three months as the recovery from a prolonged freight downturn fully took hold this year, according to earnings results released so far. Lufthansa Cargo’s operating profit dipped 3% in the second quarter as rising expenses and lower…
Chart of the Week: National Truckload Index Linehaul Only, Outbound Tender Rejection Index – USA SONAR: NTIL12.USA, VCRPM1.USA The relationship between dry van truckload contract (VCRPM1) and spot (NTIL12) rates remains nearly unchanged compared to last June, as both have fallen at nearly the same pace over the past 12 months. Spot rates appear to have hit a…
Companies rely on real-time shipment visibility to make strategic operational decisions and manage customer expectations. Gaining access to that visibility, however, can be a challenge. High-quality visibility vendors play a large role in delivering actionable insights to customers, but there are opportunities to improve both carrier-sourced data quality and carrier-vendor connectivity. Taking advantage of these…
Christmas in July isn’t just for the Hallmark Channel anymore. It’s the beginning of the Tennessee Trucking Association’s annual Haulin’ for the Holidays fundraiser. Haulin’ for the Holidays is a statewide initiative by the Tennessee Trucking Foundation and the Young Professionals Council to partner with TTA members and local charities to make holidays brighter for Tennessee…
On Monday, Seattle-based freight forwarder Expeditors International (NYSE: EXPD) released another lackluster quarterly earnings report, this time for the fourth quarter of 2023. Compared to Q4 2022, top-line revenue was down 34%, to $2.3 billion, operating income was down 40%, to $199 million, and net earnings were slashed by 28% to $159 million. Similar large…