Crude tanker rates down double digits after Russia sanctions debut
The EU ban on Russian seaborne crude imports went into effect a month ago. This market-altering event was supposed to hike crude tanker rates by forcing cargoes to travel longer…
The EU ban on Russian seaborne crude imports went into effect a month ago. This market-altering event was supposed to hike crude tanker rates by forcing cargoes to travel longer…
Even the most skilled and experienced professional driver can on occasion feel stressed after a day of driving. And, for good reason. The driving life is filled with stressful situations,…
NY fuel tax 'holiday' endsThe New York State Department of Taxation and Finance lifted the suspension of fuel taxes, effective Jan. 1.Beginning on Jan. 1, retail sellers of fuel must…
FreightWaves Classics is sponsored by Sutton Transport, an LTL leader in the Midwest for more than 40 years. Sutton Transport proudly services Illinois, Minnesota, Missouri and Wisconsin. Request a quote here.…
The man who founded a well-respected, family-owned North Carolina trucking company died during the recent holiday weekend. Ralph Hardy, who founded Hardy Brothers Trucking in 1965, died Sunday, Jan. 1. He…
Technology briefs and updates for the week of Jan. 1, 2023Carrier Logistics integrating with LTL APIs from SMC³Carrier Logistics Inc. (CLI), a provider of freight management software for Less-Than-Truckload (LTL)…
Contract rates have spent the second half of 2022 on a slide, following a downward trendline that spot rates have seen for almost the entire calendar year. Both spot and contract…
Amazon’s electric delivery vans from Rivian continue to make their way to cities across the U.S. with drivers perhaps serving as some of their best PR agents. The bluish gray…
Despite safety concerns expressed by a national truck driver training group, federal regulators confirmed on Thursday their exemption of 18 drivers who are deaf or hard of hearing from certain…
Deal flow in the transportation and logistics space slowed notably in 2022 as the economy cooled. Investors have become more risk averse, minimizing exposure to companies with less-proven track records,…