Gol Linhas Aéreas Inteligentes S.A, Brazil’s largest domestic passenger airline, said cargo revenue increased 80% in the first quarter compared to 2022 on the strength of its new dedicated freighter service for e-commerce seller Mercado Livre. Gol (NYSE: GOL) began flying a Boeing 737-800 converted freighter for the South American online marketplace in late August…
Mullen Group has bucked a trend among publicly traded fleets by recording record Q1 earnings, including a 9% increase in revenue and 93% surge in net income. Senior executive officer […]
The California Air Resources Board is poised to take action this week on a proposed regulation that seeks to reduce locomotive emissions in the state by phasing out diesel locomotives and requiring zero-emissions locomotives within a certain time frame. “In the absence of federal action to address harmful emissions from locomotives, CARB is developing regulatory…
Freight broker Landstar System said Thursday the soft trends it experienced in the first quarter are actually a little worse so far in April. The company expects normal seasonal freight patterns to return in May but that is only because April has been so weak. Revenue per load on loads hauled by truck was down…
The economy has been declining since the start of the COVID-19 pandemic. Supply Chain Quarterly said that in 2021 “volatility, inflation, and surging demand caused U.S. business logistics costs to increase by 22.4%.” 2022 wasn’t any easier as overall costs, especially maintenance and fuel costs, skyrocketed. In partnership with FreightWaves, Bestpass asked fleets of all sizes across…