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The post FreightWaves Infographics: Port of Eagle Pass, Texas, fastest-growing border crossing in the U.S. appeared first on FreightWaves.
The post FreightWaves Infographics: Port of Eagle Pass, Texas, fastest-growing border crossing in the U.S. appeared first on FreightWaves.
About 40% of parcel shippers responding to an annual price benchmarking survey by consultancy Shipware LLC said that their parcel discount programs were better than average. However, three-quarters of shippers felt their agreements could be improved and less than 7% said they had best-in-class pricing, according to the report. The finding came from an annual…
Trimble Inc. on Wednesday reported that its first-quarter transportation revenue decreased just 2% year over year (y/y) to $154.9 million. “In transportation, the market backdrop is very dynamic with a softening freight market that’s pressuring carriers to find new frontiers of efficiency, which technology can help address,” Rob Painter, Trimble’s president and CEO, said on…
The clock is ticking on a threat by Uber and Lyft to pull out of Minneapolis on May 1 after the City Council this week overrode a mayoral veto of an ordinance laying out minimum compensation requirements for app-based drivers. The current measure has few substantive differences from a plan that died last year after…
California is rolling out new rules to move toward a zero-emission fleet of forklifts, against the backdrop of an industry that is already moving in that direction. The California Air Resources Board last month passed a final rule designed to phase out the use of large spark-ignited (LSI) forklifts. An LSI engine is one in…
Ryder System, which has been on a string of strong earnings for the last two years even as it has forecast lower profitability in 2023, has had its debt rating upgraded by S&P Global Ratings to BBB+. The company already had an investment-grade credit at BBB. The lowest investment-grade level is BBB-. BBB+ is two…
‘Piggy banks with 18 wheels’: The explosion in trucking nuclear verdicts (Source: FreightWavesTV) On a recent episode of Loaded and Rolling, Matt Leffler, the Armchair Attorney, spoke about the explosion in nuclear verdicts impacting trucking. A nuclear verdict in trucking is one that awards over $10 million in damages. For the trucking industry, one problem…