Industry News Feed
Courtesy of Eye for Transport
China’s blue-chip CSI 300 Index jumped roughly 3% on Monday after the country confirmed a Reuters scoop on slashing stamp […] The post China plans to cut stamp duty on stocks by up to 50% to revive confidence appeared first on R[...]
Reuters was first to report that Hostess Brands, the maker of Twinkies snack cakes, is exploring a sale after fielding […] The post Twinkies maker Hostess Brands explores sale amid takeover interest appeared first on Reuters News Ag[...]
Reuters exclusively reported that China’s central bank has asked domestic banks to limit outflows into foreign bonds, the latest in […] The post China steps up yuan defence with bond limit guidance appeared first on Reuters News A[...]
Reuters was first to report when Turkey’s central bank shocked markets by hiking its interest rate by 750 basis points […] The post Turkey shocks with big rate hike to 25%, boosting lira appeared first on Reuters News Agency. [...]
Reuters exclusively reported that the world’s second-biggest fashion retailer H&M (HMb.ST) has decided to gradually stop sourcing from Myanmar, as […] The post H&M says it will “phase out” sourcing from Myanm[...]
Reuters exclusively reported that Bridgewater Associates’ flagship fund had a bearish view on U.S. stocks in late July just as […] The post Bridgewater’s flagship fund was bearish on US stocks as rally fizzled appeared f[...]
Reuters exclusively reported that ArcelorMittal SA (MT.LU), the world’s second-largest steelmaker, is considering a potential offer for U.S. Steel Corp […] The post ArcelorMittal weighs possible bid for US Steel appeared first o[...]
Reuters exclusively reported that equity firm Silver Lake is preparing to explore a sale of Global Blue Group Holdings Ltd […] The post Silver Lake to explore sale of tax-free shopping firm Global Blue appeared first on Reuters N[...]
Reuters was first to report that Argentina’s central bank would sharply devalue the peso, which has long been held in […] The post Argentina raises interest rate, devalues peso after shock primary election appeared first on Reuter[...]
El Al Israel Airlines (ELAL.TA) is in “serious” talks with planemaker Airbus (AIR.PA) to buy as many as 30 A321neo […] The post Israel’s El Al in talks to buy Airbus jets in potentially historic shift appeared fir[...]
Freight Forwarding & Logistics headlines from Courtesy of Freightwaves
California Gov. Gavin Newsom sided with autonomous technology developers over organized labor and his own party in vetoing AB 316. The post Governor vetoes autonomous trucking ban in California appeared first on FreightWaves. [...]
Diesel is an essential fuel for the global economy. The world’s second-largest seaborne supplier, Russia, just halted exports. The post How will Russian ban on diesel exports impact global energy trade? appeared first on FreightWaves. [...]
Barge rates for moving grain on the Mississippi have continued to rise as water levels remain low. The post Barge rates to move grain rise anew amid low Mississippi water levels appeared first on FreightWaves. [...]
There may be a tussle to capture peak surcharge revenue on those shippers that just pay the levies. The post The parcel Santa surcharge wars appeared first on FreightWaves. [...]
DOE’s Office of Nuclear Energy says Atlas rail car system has undergone final testing, while Minneapolis-based Thermo King introduced its next-generation temperature-controlled slimline rail unit. The post DOE-developed rail car for spent[...]
According to a recent study by SkyQuest Technology, every year more than $750 billion worth of losses occur worldwide due to poor cold chain logistics and facilities and improper handling procedures. The post Paxafe partners with Carrier to[...]
In 1965 a truck driver sacrificed himself to save others as his brakes failed on a steep hill while he was transporting bananas. The compelling story became the subject of a folk song by Harry Chapin almost 10 years later. The post 30,000[...]
Consumer demand during the holiday season is expected to be relatively soft, which should temper expectations for a red-hot peak season in truckload markets. The post Playing the waiting game appeared first on FreightWaves. [...]
Shippers get clearer, Philadelphia airport gets more space, and Cup Noodles gets in the Oktoberfest spirit. The post Running on Ice: Shippers get cleaner appeared first on FreightWaves. [...]
During this episode of Taking The Hire Road, guest host Leah Shaver, president and CEO of the National Transportation Institute, chats with Kameel Gaines, founder, president and CEO of Rig on Wheels, a third-party driver recruiting firm. Th[...]
Few details have been released two days after a truck driver was fatally shot by an Oklahoma Highway Patrol (OHP) trooper during a traffic stop that turned “physical” on the Turner Turnpike in Creek County. The post Truck driver fatally[...]
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Rob Cook; Tyler Deaton; Scott Fisher The post Net-Zero: Charging, building and emissions solutions – WTT appeared first on FreightWaves. [...]
FleetPride, a privately held supplier of truck parts, held on to its debt rating from two key ratings agencies. The post Truck parts supplier FleetPride holds on to speculative debt ratings appeared first on FreightWaves. [...]
Stack AV founder Bryan Selesky is keeping most of the details of his autonomous trucking startup to himself for now. The post Q&A with Stack AV autonomous trucking founder Bryan Salesky appeared first on FreightWaves. [...]
The post Daily Infographic: 5 key actions to take before outsourcing warehouse operations appeared first on FreightWaves. [...]
Volvo Group had scant interest in producing fuel cell trucks five years ago. Now they play a role in the pursuit of zero-emissions trucking. The post Volvo’s fuel cell truck advances but battery-electric is biggest push appeared first on [...]
: In 1947, tragedy struck the port in Texas City, Texas, where a French ship carrying highly flammable fertilizer caught fire and caused devastation to the port town. But the lessons learned from the disaster likely saved lives in the years[...]
Dozens of household names are already using this new way to book trucking capacity in a way that reflects the larger market. The post Index-linked contracts new way to buy trucking capacity appeared first on FreightWaves. [...]
Although U.S. rail volumes may still be sluggish, Greenbrier received orders for 15,300 new rail cars in its latest fiscal quarter. The orders have an aggregate value of $1.9 billion. The post Greenbrier nets most rail car orders ‘in near[...]
“One of the key requests that we hear from our customers is an ability to reduce charging times, and that requires both improvement of vehicle technology as well as charging technology,” Prologis’ Henrik Holland said at FreightWaves�[...]
Novadev is tackling aviation sustainability by focusing on the air cargo sector. The post Hydrogen fuel makes sense for air cargo, developer says appeared first on FreightWaves. [...]
The recent rate rebound turned out to be fleeting. As rates deteriorate yet again, shipping lines face mounting losses. The post Trouble ahead: Container shipping rates sinking further into the red appeared first on FreightWaves. [...]
The future of long-haul trucking could include more fuel cell and hydrogen-powered vehicles, experts said during FreightWaves’ Net-Zero Carbon Summit on Thursday. The post Tech advocate: Careful planning key to avoiding electric truck pit[...]
What’s next for the three-headed beast of AB5 litigation in California? It might be whether the state’s Supreme Court takes up the so-called Olson case. The post AB5 3-ring legal circus: Full federal appeals court may hear Olson case ap[...]
Pricing strategies advance as companies model changes in consumer behavior. The post CPGs, retailers collaborate to balance volume and unit revenue appeared first on FreightWaves. [...]
Covenant Logistics Group’s Matt McLelland said at FreightWaves’ Net-Zero Carbon Summit on Thursday that his company’s sustainability plan includes fleet initiatives to reduce idle percentage and increase miles per gallon. The post Cov[...]
“Within a few years you’ll see a revolutionized logistics space with true decarbonization taking place,” says Sustainable Freight Buyers Alliance’s Rik Arends. The post Electrification of trucking industry is ‘around the corner’[...]
A report published Tuesday by the U.S. Government Accountability Office (GAO) concluded that the Federal Motor Carrier Safety Administration (FMCSA) must make its complaint database more transparent and publicly available. The post Loaded a[...]
Texas-run truck inspections at the Mexican border are causing hourslong waits for cargo truckers. The post Texas resumes truck inspections along Mexico border amid migrant surge appeared first on FreightWaves. [...]
Zeina El-Azzi, founder and CEO of Gage Zero, talks with FreightWaves’ Thomas Wasson about why logistics and trucking companies should seek to ensure that they are protecting local communities as they roll out fleet electrification plans. [...]
President Joe Biden wants Norfolk Southern and federal agencies to stay involved in recovery efforts in East Palestine, Ohio, where an NS train carrying hazardous materials derailed on Feb. 3. The post Biden holding Norfolk Southern account[...]
Freight-movement data reveals the importance of factoring sustainability measures into transportation planning. The post Cutting emissions is affecting shippers’ modal choices appeared first on FreightWaves. [...]
Sheer Logistics showed off the capabilities of its carbon emissions dashboards during FreightWaves’ Net-Zero Carbon Summit on Thursday. The post Sheer Logistics emissions dashboards aims to advance sustainable supply chains appeared first[...]
Sam Stockdale chats about Link Logistics’ energy-efficiency initiatives at FreightWaves’ Net-Zero Carbon Summit. The post Link Logistics using data to implement energy efficiencies at warehouses appeared first on FreightWaves. [...]
Estes Express Lines was named the winning stalking horse bidder in Delaware bankruptcy court on Thursday. The post Estes’ $1.525B stalking horse bid for Yellow’s terminals wins out appeared first on FreightWaves. [...]
Swedish startup Einride reduces the carbon footprint of its trucking customers by matching electric trucks with available chargers. The post Einride threads the needle of truck electrification, scheduled charging appeared first on FreightWa[...]
ACT Research, a leading transportation research firm, is on the side of the debate that sees significant penetration of alternative fuels for trucking. The post ACT Research bullish on adoption of alternative zero-emission trucks appeared f[...]
The latest FAA approval for Zipline could mean a huge step forward in drone delivery. The post Zipline secures key operational approval for drone package deliveries appeared first on FreightWaves. [...]
Voltera handles land purchases, oversees power needs and manages regulatory approvals for companies that want to scale their charging infrastructure. The post Voltera helps stand up zero-emission operations appeared first on FreightWaves. [...]
Progress Rail is asking a federal court to order Wabtec to divest of its GE Transportation unit, hold up its end of two agreements and correct statements it made about Progress Rail and its locomotive manufacturing program. The post Progres[...]
Double brokering has emerged as one of freight transportation’s most pervasive problems in this freight cycle, affecting as much as $500 million to $700 million in freight annually. The practice, […] The post White Paper – Fre[...]
The post Daily Infographic: Consumer expectations: Delivery speed beats price appeared first on FreightWaves. [...]
Startup software developer Waabi, a late entry to autonomous trucking, has a 10-year deal to haul on the Uber Freight network. The post Waabi signs 10-year autonomous trucking pact with Uber Freight appeared first on FreightWaves. [...]
Don’t let lodging costs eat up your profits. Check out this guide to learn how to save money by using the right hotel booking tool, setting practical travel policies, building […] The post White Paper: Drive Down Your Lodging Co[...]
FedEx’s fiscal first-quarter results give efficiency the nod over growth. (Photo: Jim Allen/FreightWaves) The post FedEx cost cuts outrunning revenue weakness, for now appeared first on FreightWaves. [...]
On demand on WHAT THE TRUCK?!? Dooner is joined by Andrew Poliakoff; Rachel Premack; Justin Martin The post Entry-level driver training issues aired; freight market drops and fuel rises – WTT appeared first on FreightWaves. [...]
U.S. Transportation Secretary Pete Buttigieg faced partisan attacks over EV policy during a House oversight hearing. The post Lawmakers drag Buttigieg into UAW fight appeared first on FreightWaves. [...]
FedEx beat analysts’ estimates despite downgrading its full-year revenue outlook. The post FedEx’s bottom line gets boost from cost reductions appeared first on FreightWaves. [...]
Air Belgium says it never recovered from lost business during the COVID pandemic, in contrast to most passenger carriers. It says it can’t make money selling tickets to consumers and will focus on doing business with other airlines. The [...]
A new service called Roadie Direct integrates technology to provide fast delivery from warehouse locations. The post Roadie launches same-day delivery from local warehouses appeared first on FreightWaves. [...]
