West Texas Intermediate crude oil, the U.S. benchmark, declined $3.21 a barrel Tuesday to $70.34, a drop of 3.21%. It’s the lowest settlement for WTI since Dec. 13.
Christopher Carroll, 54, of Farmington, Missouri, was found guilty by a federal jury for fraudulently obtaining nearly $3 million in Paycheck Protection Program funds.
Industry leaders are finally starting to feel better about the state of the market. That optimism could be a crucial part of actually arriving at a better future.
Ford plans to invest $273 million at its plant in Irapuato, Mexico, to produce EV drive units for the Mustang Mach-E.
Yellow Corp.’s final bankruptcy plan would satisfy all allowed unsecured claims and leave shareholders with a real estate investment trust to manage the remaining properties.
Everyone’s favorite group, the Transportation Intermediaries Association (TIA), has put out the “ 3PL Market Report, Second Quarter 2024 .” This report saw the return of something everyone was missing ...
A Negative outlook at Moody’s “indicates a higher likelihood of a rating change over the medium term.” A Stable outlook, which is what Moody’s previously had on FleetPride, means there is a “low ...
Despite the ongoing surge of technological advances throughout the logistics industry, many companies working in the space still find themselves bogged down by inefficiencies.
Carriers with best-in-class safety programs enjoy the most competitive insurance rates while simultaneously protecting driver well-being and making positive changes in the industry as a whole.
The Logistics Managers’ Index, a monthly poll of supply chain executives, returned a 56.7 reading for transportation capacity in August, 5.8 percentage points higher than in July and the highest ...
Carrier says transition to zero emissions critical to better air quality; Texas waterway receives $357M loan to improve shipping channel; Sinoboom plans to build $150M factory ...
U.S. rail traffic saw another surge in the week ending Aug. 24, according to statistics from the Association of American Railroads.