Morgan Stanley cut its predictions on Thursday, just before earnings season began. The company thinks that the trucking industry will reach its “peak pain” in the second quarter of 2023….
Experts in California are exploring battery-electric trains as a potential energy storage solution for the U.S. power grid, according to an article in Nature Energy. Researchers at UC Berkeley and…
“Third-party logistics services” or “3PL” refers to various agreements in the business world, such as those related to the storage or transport of goods. It is crucial for businesses as…
Diesel’s baseline price for fuel fees has dropped. It is now at $3.767 a gallon. This is the 20th drop in 22 weeks. The price is the best until January…
The Teamsters union said Friday that UPS Inc. has made a contract offer that is a “significant move” in terms of pay, perks, and how workers are classified. The union…
Confectionary bigwig Mars and logistics leader DHL have joined hands. Their purpose is to open a new logistics center leveraging the potential of cutting-edge technology dedicated to reducing UK CO2…
Technology and environmental issues are growing quickly. The logistics sector is always changing to keep up. Businesses must adapt to new technologies, processes, and strategies to survive in today’s fast-paced…
The Teamsters reached a deal with the LTL carrier. Workers at the first XPO plant, where the union was registered, decided to leave. A Teamsters local in Hialeah, Florida, had…
Investment in FreightTech Continues to Surge Cart.com received $60 million in Series C funding, bringing its total worth to $1.2 billion. It is a unicorn. Meanwhile, two companies that work…
The events in Russia over the weekend gave the oil market a small boost on Monday, but the price of the standard retail diesel fell for the 19th time in…