The DOE/EIA benchmark price used for most fuel surcharges is above $4 for the first time since December.
The post Benchmark diesel price jumps the most since October, back above $4 appeared first on FreightWaves.
Mexico’s trade with the U.S. rose 2.5% year over year to $798 billion in 2023, boosted by exports of fuel and imports of passenger cars.
The post US-Mexico cross-border trade totaled almost $800B in 2023 appeared first on FreightWaves.
Digital freight marketplace CDL 1000 has acquired Next Trucking after the latter announced in June it was looking for new funding.
The post CDL 1000 acquires Next Trucking appeared first on FreightWaves.
Small and large trucking companies will see benefits restored if the Senate advances a new tax package.
The post New tax plan could ease investment burden for truckers appeared first on FreightWaves.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Paul Gioupis; Raj Subbiah; Liz Wayne; Constantine Komodromos
The post How to electrify millions of trucks; doom spending and freight hangovers – WTT appeared first on FreightWaves.
Liquid bulk hauler Kenan Advantage Group announced it has entered the dry bulk space with the acquisition of Northern Dry Bulk.
The post Kenan Advantage Group acquires plastic resins hauler appeared first on FreightWaves.
Weekly NTI Update
The post Weekly NTI Update: February 12, 2023 appeared first on FreightWaves.
The Commercial Vehicle Safety Alliance’s (CVSA) International Roadcheck is scheduled for May 14-16. The high-visibility, high-volume commercial motor vehicle inspection and regulatory compliance enforcement initiative takes place in Canada, Mexico …
Mack Trucks is investing $14.5 million to expand its Roanoke Valley Operations (RVO) manufacturing facility in Virginia to prepare the plant for higher demand for the Mack MD Series and …
A rise in Chinese imports indicates seasonal trends are playing out as usual, very much unlike 2023’s anemic performance.
The post Despite dim outlook, January imports grew at fastest pace in 7 years appeared first on FreightWaves.
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The air cargo market has certainly turned around from the depths of last summer, but the extraordinary increase in January volumes should be taken with a grain of salt. Conditions are improving, but short-term factors inflated the January numbers.
The post Air cargo growth to start 2024 less than meets the eye appeared first on FreightWaves.
Each week, TruckNews.com lists notable moves, promotions and awards in the trucking industry. This week, Journey Freight International announced new leadership and appointed its CEO, the Durham Region Transportation Association (DRTA) donated …
Reaction to RXO’s fourth-quarter earnings has been decidedly negative, and the first quarter started off weak.
The post RXO looked to be avoiding the worst of the freight market, but no more appeared first on FreightWaves.
As many as 14,000 former Yellow Teamsters could head back to work if a would-be less-than-truckload startup can persuade creditors to approve their plan.
The post Next Century’s bid for Yellow back on table appeared first on FreightWaves.
Transom Capital Group, headquartered in Los Angeles, will acquire a majority stake in Webasto’s charging business. The two companies signed a corresponding purchase agreement on Feb. 7. While Webasto divests …