On a day when the broader commodity oil markets plummeted, the benchmark Department of Energy/Energy Information Administration average weekly retail diesel price climbed for a 12th consecutive week. That price rose 0.6 cents, to $3.344 a gallon. That’s the highest…
DHL said Monday it will use more than 4,000 heavy-cargo drones provided by Dronamics for its logistics and parcel network in Europe. The Black Swan unmanned aircraft can carry 770 pounds up to 1,500 miles. It’s the second large customer…
Ocean carrier MSC reports that U.S. freight railroads have started to reduce import rail traffic at the ports of Los Angeles and Long Beach as well as New York as the U.S. experiences record import volumes. Starting last Sunday and…
South Dakota has responded to the issue of a tight market for fuel tanker trucks by extending allowable hours of service for petroleum deliveries until Aug. 16. Although the declaration is a state override of federal rules, a spokesman for…
The gains Netradyne has made in improving driver safety helped the San Diego-headquartered company last week close on $150 million in Series C funding. The latest funding round was led by SoftBank Vision Fund 2 with participation from M12 and…
Management from logistics real estate investment trust Prologis Inc. (NYSE: PLD) on Monday raised the company’s 2021 rent growth forecast by 40 basis points to 10.3% in the U.S and by 300 bps to 8% globally. Rents in the U.S.…
Net Zero Carbon is sponsored by Norfolk Southern. Norfolk Southern isn’t just in the business of moving freight, they’re in the business of a better planet. To learn more about Norfolk Southern’s industry-leading sustainability initiatives, go to nscorp.com/betterplanet. Convoy co-founder…
A Boeing 787 Dreamliner being operated by British Airways for a dedicated cargo-only flight to Frankfurt, Germany, fell on its chin last week during preflight maintenance when a procedural mistake caused the nose landing gear to collapse at Heathrow London…
FreightWaves Classics articles look at various aspects of the transportation industry’s history. If there are topics that you think would be of interest, please send them to fwclassics@freightwaves.com. The many industries that make up the world of freight have undergone…
For eight decades (1900-1980), White Motor Company was a mainstay of American automobile, truck, bus and agricultural tractor manufacturing. A White Motor Company tanker truck. (Photo: National Park Service) 1924 white motor company wrecker. Jim Allen/FreightWaves @ Iowa 80 Trucking…
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