Truck tonnage experienced its steepest declines since 2020 amid slowdowns across multiple sectors, American Trucking Associations announced.
NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.
As Monday broke over Wall Street, 60 top FedEx Corp. executives stood at the podium of the New York Stock Exchange to ring the opening bell for trading. Cities across the globe from Kuala Lumpur, Malaysia, to the company’s!-->…
Learn more at SONAR.FreightWaves.com The post Weekly Fuel Report: April 18, 2023 appeared first on FreightWaves.
Logistics warehouse owner Prologis said Tuesday it continued to see strong trends to start the year even as the macroenvironment has begun to cool. Prologis (NYSE: PLD) reported first-quarter core funds from operations (FFO)!-->…
Commercial real estate developers Trammell Crow and CBRE Investment Management have acquired a nearly 200-acre site in Mesa, Arizona, with plans to prime the site for rail-served industrial development. The 192-acre site —!-->…
J.B. Hunt Transport Services President Shelley Simpson noted the trucking industry has entered a freight recession while discussing first-quarter results April 17.
Andrew Scott doesn’t know for sure yet, but the Biden administration may cost Hyundai his business.
Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).
By Micheal McDonagh The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Labor issues are a long-standing fixture of logistics discourse. But!-->…
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