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.
On the back of significant gains in the futures market for ultra low sulfur diesel (ULSD), the benchmark used for most fuel surcharges rose Monday for the first time in 10 weeks. The weekly Department of Energy/Energy Information Administration average weekly retail diesel price climbed 7.7 cents a gallon to $3.735. That follows nine weeks…
Mass diversions of container ships around Africa’s Cape of Good Hope caused spot rates to surge, but the Red Sea effect has a limit, which may have already been reached. Upward momentum has slackened. Rates in most lanes have leveled off. Several indexes for European lanes have pulled back. The Shanghai Containerized Freight Index (SCFI)…
WASHINGTON — Deaths and injuries resulting from crashes involving large trucks are increasing at a slower rate, but safety advocates assert regulators still are not doing enough to address the problem. According to the latest estimates published by the National Highway Traffic Safety Administration, 5,936 people were killed in crashes involving medium- and heavy-duty trucks…
Some of the biggest retailers in the U.S. announced unusually weak first-quarter results, with signs of increasingly cash-strapped consumers abundant. Among the themes discussed on Q1 calls were the shift from discretionary items to lower-margin essential ones (food and beverage), elevated “shrink” (theft) and a resumption of price competition following unusually substantial price increases during…
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. Recently I wrote about the role of unified supply chain platforms, which enable convergence and help companies navigate the complex global market. The reality is that to streamline the supply…
Time is running short for a handshake agreement to avert a nationwide Teamsters union strike against UPS Inc. threatened for Aug. 1. Talks broke off July 5 and will resume next week. Shippers that haven’t made contingencies could be up against the wall. Some will simply brace for service disruptions and undelivered packages, which could…