Famously abuzz with stretch limousines, lowriders, fancy sports cars and doorless Jeeps, the streets of Los Angeles soon will host those vehicles’ driverless younger cousin as well. Autonomous vehicle (AV) company Motional, a joint venture between Hyundai Motor Group (OCTUS:…
E-commerce is continuing its strong performance in 2021, but the companies responsible for getting those packages to consumer doorsteps continue to be plagued by challenges, including a lack of drivers. The Bureau of Labor Statistics said courier jobs climbed to…
The robust recovery of U.S. domestic travel this summer increasingly looks like more of an outlier than a sign that airline bookings will continue unabated. Global airlines — and by default the air cargo industry that piggybacks on passenger flights…
Port Houston’s trade increased 17% during the first half of the year, boosted by exports of gasoline, liquefied natural gas and oil, according to WorldCity analysis of U.S. Census Bureau data. Trade at Port Houston increased from $64 billion to…
The story: Excess inventory of personal protective equipment and COVID-19 tests are cutting into profits for distributors and manufacturers as demand falls. Several companies recently recorded charges related to obsolete inventory or donated excess products. Those actions took place when…
Welcome to the WHAT THE TRUCK?!? newsletter. In this issue, drone delivery programs grounded; no parking in infrastructure bill; driver pay takes off; market outlook; space billboards; and more. Grounded Deutsche Post AG End of the Parcelcopter — Just days…
If you look up while walking on a college campus, you’ll most likely see a flurry of activity – students riding to class on bikes, athletes zipping around on scooters, Subway sandwiches and Frappuccinos cruising around on miniature delivery robots…
E-commerce continues to maintain its foothold in the economy, but future sales are potentially at risk for some businesses that rely on traditional e-commerce platforms, said the CEO of Fabric. Faisal Masud spoke to Modern Shipper on that and the…
To view more FreightWaves infographics, click here.
This story is developing. Canadian Pacific has revised its offer to acquire Kansas City Southern ahead of a shareholder meeting in which KCS shareholders would have to confirm their desire to merge with CP rival CN. CP (NYSE: CP) is…
Recent Comments