After years of skepticism, criticism and trader furore, the world’s most important oil price is working better than ever thanks to an infusion of crude from west Texas.
May 3, 2024Business, Fuel
World’s Most Important Oil Price Transformed
Business, Technology, Equipment, Safety
Safety Practices, Culture Help Carriers Reduce Liability
PHOENIX — When a crash happens, it is a carrier’s policies, procedures and routines that could lead to a nuclear verdict.
May 2, 2024Business, Technology, Autonomous
Automation and New Vehicle Technology Bring New Challenges
PHOENIX — The amount of safety technology available to fleets has exploded over the past 20 years, creating a new intersection of safety, technology and regulation.
May 2, 2024Government, Business, Fuel
Rivian Secures $827 Million in Funding to Expand in Illinois
Rivian Automotive will receive incentives valued at $827 million from Illinois to expand its electric vehicle plant there after the company halted work on a separate facility in Georgia.
May 2, 2024Business, Logistics, For-Hire
Schneider Reports Revenue Decline of 8% to $1.32B for Q1
Schneider experienced a year-over-year decline in revenue to $1.32 billion during the first quarter of 2024, the company reported May 2.
May 2, 2024Business, Technology, Equipment, Safety
Technology Tools Help Carriers Reduce Risk, Improve Safety
PHOENIX — More actionable data, onboard safety technology and new equipment are helping carriers focus their safety efforts, customize coaching and reduce the risk of a crash.
May 2, 2024Government, Business, Equipment
New Mississippi Law Targets Predatory Towers
Mississippi lawmakers dealt a blow to predatory towing companies that target heavy trucks with a new law that will take effect July 1.
May 2, 2024Business, Logistics, Global Freight
Maersk Sees Improved Prospects for Global Container Trade
A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide.
May 2, 2024Business, Logistics
C.H. Robinson Reports Lower Revenue, Net Income for Q1
C.H. Robinson Worldwide experienced a year-over-year decline in revenue and earnings during the first quarter of 2024, the company reported May 1.
May 2, 2024Government, Business, Fuel
Exxon to Close Pioneer Deal
The FTC declined to challenge Exxon Mobil’s $60 billion purchase of Pioneer Natural Resources but asserted that Scott Sheffield must not take a seat on the supermajor’s board.
May 2, 2024