As most people are aware, the Suez Canal was blocked earlier this year for six days (March 23-29). According to the Suez Canal Authority, which maintains and operates the waterway, the canal has closed five times since it opened for…
Daimler Truck grew second-quarter sales by 92% over the pandemic-impacted year-ago quarter but warned that a shortage of semiconductors could persist for the rest of the year, limiting growth as the Daimler AG unit prepares to become a stand-alone company.…
Did you know that according to FreightWaves, the bill for uncompensated detention in the trucking industry could be as high as $25 billion in lost productivity and economic opportunity? Is your company ready to tackle this issue head-on? TCA and…
Canadian railway CN is still recovering from a nearly two-week outage of a bridge that is part of a key route to Vancouver. The impacts of the outage remain to be seen, as the bridge outage, as well as wildfire…
Air Greenland is a unique one-stop shop for aviation, which might be expected for an air transport company serving the world’s largest island located between the Arctic and Atlantic oceans. It operates single-engine helicopters for sleighing or ski trips, search-and-rescue…
The nation’s largest truckload carrier, Knight-Swift Transportation, sees “over-the-road contract rate increases trending in the mid-teens” for 2021. However, tractor count and utilization will see some pressure as “sourcing drivers remains challenging.” The outlook was provided in the company’s second-quarter…
A review of Pilot Travel Center’s debt by the two largest debt rating agencies paint a picture of a company that is stable and in a strong position as the freight market continues to grow. While Moody’s made no changes…
Lyft will begin running autonomous vehicles within its rideshare network before the end of 2021 through a partnership with Ford and Argo AI. The three companies announced an agreement Wednesday morning that will place self-driving ride-hailing vehicles on Miami city…
When was the last time you went to a shopping mall? Don’t remember? Well, you’re not alone. Malls have been on the decline since the turn of the century for a wide variety of reasons. Big department stores are closing…
Monsoonal thunderstorms will continue to soak parts of the Desert Southwest through the weekend. This will help chip away at the drought, but the rain could be too much at once in some spots on any given day. Storms will…
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