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.
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.
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.
Despite the ongoing surge of technological advances throughout the logistics industry, many companies working in the space still find themselves bogged down by inefficiencies.
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 ...
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.
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 ...
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.
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