News
Harvest 2023: Only 21% of oilseed rape cut and with poor yields
Farmers Weekly The pain continues for oilseed rape growers with only 21% of the rapeseed area cut by 25 July and yields averaging a poor 3t/ha, according to the first AHDB harvest report. Progress is far behind where it was…
How dairy’s solar fence captures energy at peak demand
Farmers Weekly At Kilmeaden Farm in County Waterford, cows graze either side of a 150m fence that runs north to south the length of one of David Foran’s fields. This is no ordinary fence but a configuration of bifacial solar…
Western Global Airlines lines up bankruptcy financing, report says
Western Global Airlines has struck a deal with creditors for $77 million in financing that would allow it to keep operating while it restructures its debt in a potential bankruptcy, Bloomberg reported on Monday. Speculation…
TFI posts weaker top-, bottom-line results in Q2
Canadian transport company TFI International (NYSE: TFII) on Monday reported revenue, including fuel surcharges, of $1.79 billion in the second quarter, down from $2.42 billion in the 2022 quarter as weaker volumes ate into…
1-week surge in DOE/EIA benchmark diesel price among biggest ever
The benchmark diesel price used for most fuel surcharges rose by an amount seen only a few times in the history of the data series. A one-week jump of 22.2 cents a gallon has been surpassed several times in the history of…
Scorching Heat Curbs Gas Output, Raises Prices
Record-breaking summer heat is forcing fuelmakers to cut back operations, just as dwindling supplies are causing gasoline prices to surge around the world.
Saia Reports Lower Q2 Profit, Revenue
Saia Inc. posted net income of $91.3 million in the second quarter of 2023, compared with $109.2 million in the same period a year earlier, the less-than-truckload carrier said.
Diesel Price Blows Past $4 a Gallon With 22.2¢ Surge
Proving last week’s surge wasn’t a fluke, the national average diesel price skyrocketed 22.2 cents to reach $4.127 a gallon, according to the Energy Information Administration.
Estimated 5% of UPS’ daily parcels diverted due to strike concerns
UPS Inc. (NYSE: UPS) lost about 5% of its domestic average daily volume, almost exclusively to rival FedEx Corp., (NYSE: FDX) due to shipper concerns over a possible strike by the Teamsters union, according to consultancy…
Pre-Trip Master Shamrell Bound for 17th NTDC
NTDC-bound FedEx Freight driver Dan Shamrell from Oregon is among the most accomplished pre-trip experts competing in precision-driving events.
