Third-party logistics provider Radiant Logistics (NYSE: RLGT) noted strength across all of its transportation offerings on a call with analysts and investors Monday. Management said the brick-and-mortar retail segment continues to improve and that the company is even seeing some…
Judges for the Jesse H. Neal Awards, the most distinguished editorial honors for specialized journalism, have named FreightWaves a finalist in five categories in this year’s contest, among them Best Media Brand (Overall Editorial Excellence) and Best Website. Finalists for…
The second part of Monday’s two-event diesel price day saw the weekly Department of Energy’s Energy Information Administration average retail diesel price rise 4.4 cents per gallon to $3.186. That is less than half of what commodity and wholesale diesel…
The Teamsters union wants to see executive pay reform at XPO Logistics [NYSE: XPO] after it was disclosed that Chairman and CEO Brad Jacobs is in line for a payout of up to $80 million at the same time the…
This episode is brought to you by Legend Transportation, which has been establishing partnerships through outstanding customer service since 2007. Learn more at newlegendinc.com On today’s episode, Dooner and The Dude are talking about yet another ransomware attack, the bullwhip effect…
Bad news — accidents, war, extreme weather — is generally good news for commodity shipping. Case in point: Product tanker stocks, rates and futures jumped Monday in the wake of the cyberattack that shut down the Colonial Pipeline. The pipeline,…
New Legend Inc. (“Legend”) announced plans Monday to switch all of the company’s local running lanes to an entirely all-electric fleet by 2023, starting with the purchase of 50 battery-electric Freightliner eCascadias for Southern California. “This is a good move…
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Workhorse Group (NASDAQ: WKHS) continued to struggle in ramping production of its composite-body electric delivery vans, delivering just six units in Q1. But the Cincinnati-based company said it has built 38 of its C-Series vans so far this year, most…
A Canadian facility of National Steel Car, a rail parts and freight car manufacturer, has been temporarily closed because of an outbreak of COVID-19. A release last week said National Steel Car, in consultation with the public health department in…
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