Retail diesel prices are now near levels not seen since the beginning of last summer. The weekly average retail diesel price posted by the Department of Energy/Energy Information Administration fell 5.9 cents a gallon Monday to $3.789. It’s the lowest price in the data series since $3.767 a gallon was posted July 3, 2023. It’s…
Shell has announced plans to demonstrate its Starship 3.0 on a cross-country run in the U.S. The truck is powered by a Cummins X15N natural gas engine and is on […]
Shareholders of Forward Air are asking a Tennessee court to rule the company was required to give them a vote before it could execute a merger with Omni Logistics. The class action complaint also asked the court to rescind the merger and for unspecified damages given the precipitous decline in the transportation provider’s stock price…
A CDL training school that had centers in Tacoma and Kent, Washington, as well as a third site in Portland, Oregon, has ceased operations and filed for bankruptcy liquidation. Pacific NW Professional Driving School, doing business as Toro Trucking Academy, filed a Chapter 7 petition, which means it is seeking to wind down operations and…
The Shipper Rate Report—presented in partnership with U.S. Bank and BlueGrace Logistics—is a quarterly publication using freight payment data from U.S. Bank in conjunction with FreightWaves SONAR data sets to create the most in-depth rate and demand outlook for shippers. The insights within this paper are curated by the market experts at FreightWaves and backed by the proprietary…