News
UPS sets holiday cutoffs for air, 3-day services
UPS Inc. has published its recommended holiday delivery cutoff times for U.S. packages moving by air as well as its three-day delivery service. Packages moving by next-day air should be shipped by Dec. 21 for arrival no…
Traton raises 2023 earnings target after solid Q3
Traton Group, the parent of Navistar International, raised its full-year earnings guidance Wednesday after reporting solid deliveries for the third quarter. Munich-based Traton reported 15% higher sales in the first nine…
The 38 Essential Madrid Restaurants
Gildas at La Gildería. La Gildería A family-owned restaurant that turns out more than 200 Spanish tortillas per day, aperitifs at a bar dedicated to tinned fish and vermouth, a bakery that treats cheesecake like art, and…
Norfolk Southern Profit Falls as Derailment Costs Grow
OMAHA, Neb. — The costs related to the East Palestine derailment grew to $966 million for Norfolk Southern. The railroad said Q3 profit of $478 million was half of last year’s $958 million.
Convoy Reportedly Finds a Buyer
Convoy, the Seattle-based freight startup that shut down last week, is being sold, according to a former Convoy employee familiar with the deal.
Large global supplies limit UK oilseed price rises
Farmers Weekly Oilseeds markets remain well supplied globally as Canada completes its harvest and crops in Australia make improvements. The UK is reliant on imported products with a tighter domestic supply this year, but…
Pig producers feel pinch as prices drop below 220p/kg
Farmers Weekly Weakening pig prices on the Continent and reduced volumes sold at retail have been putting pressure on farmgate prices in the UK. After peaking at 225.65p/kg in mid-August, the EU-spec deadweight pig price has…
Honda Halts Plans With GM to Develop Smaller EVs
Honda Motor Co. is shelving plans to jointly develop affordable electric vehicles with General Motors Co. due to a changing business environment, CEO Toshihiro Mibe said.
Daily Infographic: Average hourly wages in select freight transportation-related occupations
To view more FreightWaves infographics, click here The post Daily Infographic: Average hourly wages in select freight transportation-related occupations appeared first on FreightWaves.
Old Dominion holds Yellow volume bump in Q3
Old Dominion Freight Line handled nearly 2,600 more shipments each day in the third quarter than it did in the first six months of the year. The lift in volumes was tied to Yellow’s exit as broader trends “reflect continued…
