This weekend will get off to a shaky start for truckers in the Northeast as winds intensify. The large pressure difference between a departing cold front and an approaching high-pressure system will force the air to flow violently at times,…
U.S. Bank is a major factoring company. That gives Bobby Holland, vice president and director of Freight Data Solutions, strong insight to what markets are doing. Holland joins Drilling Deep host John Kingston this week to talk about what he…
On March 13, Pennsylvania Gov. Tom Wolf announced that the state would phase out its motor fuels tax, making it the first state to propose eliminating the historic levy that has been the primary source of transportation funding. Wolf, a…
The Daily Dash is a quick look at what’s happening in the freight ecosystem. In today’s edition, we highlight the Oshkosh-Workhorse squabble over a Postal Service contract, as well as hopes for federal funding for truck charging stations and more.…
On this episode of Midday Market Update, Kaylee Nix and Michael Vincent get a close look at the intricacies of moving freight across borders. They are joined by FreightWaves’ Zach Strickland for a market update and Anthony Smith for a…
Danny Catullo is a third-generation butcher in Cleveland who started selling his beef, poultry and pork online back in 2017. After facing issues with high shipping prices and limited options, he got to work with FedEx. They developed a specialized…
During a quarter when, again, virtually everything went right, Amazon.com Inc. (NASDAQ:AMZN) CFO Brian Olsavsky, pressed by an analyst on what part of its business needs improvement, was able to find a fly in the ointment. Amazon’s one-day shipping service…
Forward Air (NASDAQ: FWRD) reported net income from continuing operations of 60 cents per share Thursday after the market close, 3 cents ahead of the consensus estimate and 19 cents better than the first quarter of 2020. Continuing operations exclude…
Trans-Pacific container rates from Asia to the U.S. that have doubled from a year ago to approximately $5,000 per box demonstrate an urgent need to pass President Joe Biden’s infrastructure package, according to a top West Coast port official. Testifying…
Amazon.com Inc. (NASDAQ:AMZN) late Thursday posted first-quarter revenue of $107.1 billion, a 41% increase over 2020 results, with operating income more than doubling to $8.9 billion and net income more than tripling to $8.1 billion. On a diluted basis, the…
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