News
Benchmark diesel price falls below $4/gallon mark
The benchmark price used for most diesel surcharges crashed down through the symbolic $4-per-gallon mark for the first time since February 2022, even as the broader futures market suddenly has posted significant gains after…
Emirates taps Kalitta Air to fly rented 747 freighters
The air cargo division of Emirates has temporarily augmented its fleet with two older Boeing 747 jumbo jet freighters to meet expected demand while it waits for manufacturers to fill orders for new aircraft, the Dubai-based…
Texas scales back border truck inspections amid backlog
After causing long wait times for thousands of trucks, Texas officials have reduced the number of inspections for tractor-trailers arriving from Mexico at two border crossings, according to a U.S. Customs and Border…
California’s Port Dominance Is Slipping as Cargo Shifts East
The pandemic’s cargo crush pushed the Los Angeles and Long Beach complex close to the breaking point, allowing ports from New York-New Jersey to Houston to grow their market share.
Diesel Tumbles 9.6¢ to $3.922 a Gallon
The national average price for a gallon of diesel tumbled 9.6 cents — its largest drop of the year — to reach $3.922, according to Energy Information Administration data released May 8.
US imports up again in April as market mirrors pre-COVID ‘normal’
Amid all the doom and gloom on container shipping and the talk of an impending recession, U.S. imports are rising off their lows. Inventory-to-sales ratios are still much higher than pre-COVID, yet monthly imports are now…
Nebraska, North Dakota Governors Issue HOS Waivers
A shortened planting season and regional fuel shortages led the governors of Nebraska and North Dakota on May 5 to issue 30-day hours-of-service waivers for truckers.
BNSF’s Q1 net income falls 9% amid 10% drop in carload volumes
BNSF’s net profit for the first quarter of 2023 slipped 9% amid a 10% drop in carload volumes, the railroad’s parent company, Berkshire Hathaway (NYSE: BRK.B), reported Saturday. Net income was nearly $1.25 billion in the…
You May Never Eat Inside a Fast Food Restaurant Again
Getty Images/iStockphoto https://www.vox.com/food/23711010/fast-food-dining-delivery-automation
DiversityInc Recognizes The Hershey Company and Kellogg Company in 2023 Top Companies for Diversity List
The Hershey Company and Kellogg Company were the only two food and beverage brands featured on DiversityInc’s list of the Top 50 Companies for Diversity this year. Both companies have made the list for several consecutive…
