Daily Infographic: Where do truck drivers sleep?
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California’s Prop 22 survives; appellate court reverses lower court finding
Proposition 22, which kept California’s independent contractor law AB5 from applying to app-based drivers like those from Uber and DoorDash, has been kept alive by a state appellate court ruling. In a decision that lays the groundwork for an appeal because the three-judge panel did not fully agree on the issues, the Court of Appeal…
Rail Roundup: Norfolk Southern, 2 unions reach sick leave deal
NS reaches sick leave agreements with 2 more unions Norfolk Southern has reached sick leave agreements with two more unions, with approximately 650 employees being affected. The agreements are with the International Association of Sheet Metal, Air, Rail, Transportation Workers – Mechanical Department and the International Brotherhood of Electrical Workers, according to NS’ (NYSE: NSC)…
For 6th week in a row, DOE/EIA benchmark diesel price drops
Retail diesel prices have continued their downward march, with the benchmark used for most fuel surcharges dropping for the sixth week in a row. The Department of Energy/Energy Information Administration price declined 3.5 cents a gallon, to $4.247. It was the sixth consecutive week the price had declined, falling 21.2 cents a gallon during that…
Zim Q4 results surprise to upside but 2023 ‘extremely challenging’
Zim, the world’s 10th-largest ocean carrier, announced a big earnings beat for the fourth quarter and paid out a higher-than-expected dividend. However, it faces a tough year ahead, with a chance of at least some quarters in the red. The company’s shares (NYSE: ZIM) surged Monday on news of the earnings beat, jumping as much…