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WASHINGTON — New trucking industry-backed research finds renewable diesel (RD) fuel to be significantly less costly and more operationally effective than transitioning to battery-powered trucks. Electric vehicle purchases and electric infrastructure will cost the long-haul sector more than $1 trillion over 15 years, a study released Tuesday by the American Transportation Research Institue (ATRI) estimates….
As a Thursday deadline for an unprecedented shutdown of Canadian rail service creeps closer, here are the latest developments on both sides of the border: Canada Labor Minister Steve MacKinnon is meeting with representatives of Canadian National, Canadian Pacific Kansas City, the Teamsters Canada Rail Conference and federal mediators in a push to get the…
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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…
Just three weeks ago, the monthly FreightWaves “State of Freight” webinar for February didn’t feature many bullish factors that our experts were seeing in the market. During the March “State of Freight” webinar, the outlook was generally as bearish as earlier. With at least one indicator turning slightly higher, there may have been at least…