Editor’s note: This quiz was compiled with the assistance of AI language model ChatGPT.
The post How much trucking history do you know? appeared first on FreightWaves.
Editor’s note: This quiz was compiled with the assistance of AI language model ChatGPT.
The post How much trucking history do you know? appeared first on FreightWaves.
Severe storm conditions off the coast of South Africa have temporarily halted vessel movements. The rough seas are exacerbating supply chain delays caused by diversions around the Red Sea to avoid Houthi rebel attacks on commercial shipping, according to logistics companies and commodity analysts. Denmark-based Scan Global Logistics alerted customers on Wednesday that extreme weather…
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. By Jim Case, CEO of Travelers Financial Group From all perspectives, COVID was tough on the freight industry. Millions of people across the globe lost their jobs in the economic downturn and the…
Chart of the Week: National Truckload Index (Linehaul Only), Van Outbound Tender Rejection Index – USA SONAR: NTIL.USA, VOTRI.USA Spot rates excluding the total estimated cost of fuel (NTIL) have fallen 3% since the start of August. Dry van tender rejection rates (VOTRI), which measure the percentage of loads that carriers are unable to cover for their customers,…
To view more FreightWaves infographics, click here The post FreightWaves Infographics: Cargo rail theft up 119% across Mexico in July appeared first on FreightWaves.
Continued pressure on ArcBest’s truckload brokerage operations diluted the improvement seen at its less-than-truckload unit during the second quarter, leading to an earnings miss versus analysts’ expectations. ArcBest (NASDAQ: ARCB) reported adjusted earnings per share of $1.98 for the second quarter. The result was 8 cents below the consensus estimate but 44 cents higher year…
A Delaware bankruptcy court ruled Friday that Yellow Corp. could retain real estate broker CBRE to sell its remaining terminals, which include 46 owned and 70 leased locations. Counsel for the debtors also said submission of a final Chapter 11 bankruptcy plan to the court will happen in the coming days, ahead of the expiration…