Diesel shock puts floor under trucking rates as demand shows some life
The American Trucking Associations February truck tonnage report showed a 2.6% month-over-month increase, making it the largest sequential gain in three years.
The American Trucking Associations February truck tonnage report showed a 2.6% month-over-month increase, making it the largest sequential gain in three years.
TotalEnergies accepted a $1 billion payment from the Trump administration to walk away from two offshore wind projects and instead reinvest the funds in fossil fuel projects along the Gulf Coast.
Within that total, the agency plans to fund between $50 million and $100 million for projects that bolster domestic supplies for advanced battery manufacturing.
Further SKU reductions are on the horizon as the retailer prioritizes leaner inventories and a simpler supply chain.
Ocean carriers have a stronger financial backstop than past downcycles after having retired significant debt and increased their profitability in the last five years post-pandemic, writes Executive Editor Mark Szakonyi.
Per-gallon costs surpassed $5 for the U.S. across all major regions this week, putting additional pressure on carriers and shippers.
The Iran-driven fuel spike has created the widest intermodal cost advantage in years, but capturing it — and keeping it — requires something railroads have rarely practiced: orchestrated intermodal, writes Paul Tonsager.
Union Pacific for the second time in five weeks is resetting freight-all-kinds rates on key lanes for rail-owned boxes used by intermodal marketing companies.
The two companies will connect customers to more than 1,000 delivery providers through FedEx’s SameDay Local service.
The disruption could be five times larger than the impacts of previous conflicts that slowed the flow of oil from the Middle East, according to the Dallas Fed.