News
Next-gen routing solution promises to boost profitability, service levels
The current freight recession has forced companies across the logistics industry to focus their attention on cutting out waste and safeguarding profits. In order to reduce costs and improve service, organizations must be…
BNSF’s Q2 earnings slide 24% on lower freight volumes
BNSF’s net income for the second quarter of 2023 fell 24% year over year (y/y) from $1.66 billion to $1.26 billion. Parent company Berkshire Hathaway attributed the second-quarter earnings decline primarily to lower overall…
TFI acquires truck transport provider JHT
TFI International Inc. said Monday it has acquired JHT Holdings Inc., an asset-light North American transportation provider for Class 6-8 truck manufacturers. Terms of the transaction were not disclosed. The deal is expected…
A New Spirit Confronts the Consequences of Colonialism
Lille Allen https://punchdrink.com/articles/since-ogogoro-spirit-tunde-wey/
Cargo Airline Western Global Goes Bankrupt
Florida-based Western Global Airlines filed for bankruptcy protection with plans to slash its debt load after the cargo airline faced a cash crunch.
Stonegate to offer farmers bird flu insurance in industry first
Farmers Weekly Egg producers supplying one of the UK’s biggest packers and whose operations are disrupted by avian influenza are to be covered by business interruption insurance for up to six months. Stonegate says it has…
Nikola Q2 Loss Widens on Romeo, European Exits
Losses at Nikola Motor widened year-over-year in the second quarter of 2023 after the truck maker took a $77.8 million hit to its balance sheet.
Weekly NTI Update: August 07, 2023
Learn more at SONAR.FreightWaves.com The post Weekly NTI Update: August 07, 2023 appeared first on FreightWaves.
Battle for BATA farmer co-op intensifies
Farmers Weekly Plans to demutualise North Yorkshire farmer co-operative BATA may be scuppered by members opposed to the move. Under the co-op’s rules the required 50 members have signed a written requisition for a special…
EPA’s Emissions Plan Runs Into Skepticism
DETROIT — The U.S. government’s most ambitious plan ever to slash planet-warming greenhouse gas emissions from passenger vehicles faces skepticism.
