The tables have drastically turned since last spring when the economic shutdowns led to a drop in demand, causing truckload rates to plummet to under $1 dollar per mile. For the past year, transportation costs for shippers have spiked, as…
Chief sustainability officers (CSOs) are popping up in corporate boardrooms worldwide as the importance of sustainability grows clearer to consumers, investors and businesses. CSOs can be in charge of many aspects of sustainability, including risk management, safety, emission-reduction strategies, environmental…
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The promise of home delivery in just 15 minutes is the latest bid to win the “grocery wars,”…
The Daily Dash is a quick look at what’s happening in the freight ecosystem. In today’s edition, we highlight the states with the highest number of truck drivers testing positive for drugs and alcohol, warehousing issues in Southern California and…
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Strong to severe thunderstorms will drench portions of the Plains and Midwest over the next few days, leading to potential delays for truckers. Drivers are most likely to experience flash flooding in the Houston metropolitan area, as well as places…
The multibillion-dollar North American automotive sector, which includes one of the largest components of U.S.-Mexico trade, could dramatically change as many automakers make a substantial shift to manufacturing electric vehicles. On April 30, General Motors (NYSE: GM) became the first…
After an up-and-down week in commodity and wholesale markets, the weekly Department of Energy/Energy Information Administration price for diesel rose by less than a half-cent. The price published by the EIA Monday was $3.253 a gallon, a gain of 0.4…
UPS Inc. (NYSE:UPS) said Monday that it has consolidated all its cold-chain logistics and delivery services into a dedicated global operation that falls under the Atlanta-based company’s UPS Healthcare umbrella. The operation, called UPS Cold Chain Solutions, will more than…
Never before has the humble ocean shipping container been this important to American business. If you can’t get one, you can’t move your international cargo — and supply has never been tighter. The cost of global trade is now contingent…
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