News
Nikola gets 3rd CEO in a year with Steve Girsky taking over
Nikola Chairman Steve Girsky is taking over as CEO — the startup electric truck maker’s third chief executive in less than a year — as incumbent Michael Lohscheller departs to tend to a family health matter. The timing of…
No 10 food summit aims undermined by EU import check delays
Farmers Weekly Pledges made at prime minister Rishi Sunak’s high-profile food security summit have been undermined by a reported further delay to the introduction of checks on EU imports, NFU Scotland has said. The controls…
Daily Infographic: Almost all US renewable diesel is consumed in California; most isn’t made there
To view more FreightWaves infographics, click here The post Daily Infographic: Almost all US renewable diesel is consumed in California; most isn’t made there appeared first on FreightWaves.
Maersk hikes 2023 guidance but warns of ‘years’ of challenges
Maersk, the world’s second-largest container shipping company, raised its full-year earnings outlook Friday while simultaneously lowering its forecast for the second half. The hike in full-year guidance was due to…
XPO beats Q2 expectations, July volumes pop
Less-than-truckload carrier XPO beat analysts’ expectations for the second quarter and volumes saw a big move in July as one competitor shut down. XPO (NYSE: XPO) reported second-quarter adjusted earnings per share of 71…
Canadian truckers fight to claim millions in unpaid wages
Truckers in Canada are fighting to claim part of an estimated $9 million in wages that has been withheld from them by various employers in recent years while calling on the federal government to do more to help fight against…
How to adapt cut-price cultivators for low-disturbance system
Farmers Weekly When Michael and Will Scholey decided it was time to stop damaging their ground with high horsepower tracked crawlers and deep, intensive cultivation, they drafted in some expert help. This came from Philip…
Werner driver survives kidnapping, deadly shootout when his rig is stolen
A truck driver for Werner Enterprises was injured but survived after being taken hostage by two suspects in his rig at a truck stop early Wednesday. The suspects were later killed after a shootout with Ohio state troopers…
Werner misses Q2 expectations
Werner Enterprises missed second-quarter expectations Thursday and said the third quarter presents a challenge as pricing on another 25% of its contracts will be renewed, most with lower rates. On a call with analysts,…
Daseke sees weak freight market for rest of 2023
Daseke Inc. officials said the freight market may have bottomed out in the second quarter, as the company reported year-over-year (y/y) declines in revenue and earnings per share. “Today, Daseke’s updated outlook now assumes…
