American Airlines saw first-quarter cargo revenue fall 37.8% year over year to $223 million primarily due to lower yield and lower demand, the company reported on Thursday. The company’s cargo revenue was only $5 million more than in 2019, a weak year for cargo and benchmark for a normal business environment following the pandemic. Nearly…
An hour’s worth of charging an electric vehicle at the wrong time could tack on thousands of dollars to a monthly utility bill. Commercial carriers planning to electrify their fleets […]
This week on Taking the Hire Road, Leah Shaver, president and CEO of The National Transportation Institute (NTI), is joined by Federal Motor Carrier Safety Administration Administrator Robin Hutcheson. “I have never shied away from hard jobs — they have an impact. But there hasn’t been a job where I’ve seen an impact like that…
Canadian Pacific Kansas City is touting that its newly announced partnerships with Schneider National and Knight-Swift will benefit all three companies’ customers. CPKC (NYSE: CP) officials pointed to the broader goal of converting truck volumes to rail as well as win-win situations environmentally for all companies when describing its partnership with both companies in providing…
Shipment marketplace Uber Freight announced Thursday it’s launching its Carrier Card, a fintech tool that can be used to make fuel purchases through the company’s platform. The Carrier Card will be powered by AtoB, a fleet card management platform that partners with logistics-related companies including shipping marketplace uShip, Asian and Hispanic grocery app Weee!, and…