U.S. oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey.
June 26, 2024Search
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How to Optimize Cash Flow
Today's transportation companies work under tremendous pressure - from rising costs and labor shortages to looming recessions and fluctuating demand. Effectively managing cash flow and both sides of the carrier-shipper relationship are vital to continued operations when running on fine margins. Invoicing errors, service disputes, payment delays and more can not only disrupt your day-to-day operations but also slow down an already beset supply chain.Â
July 25, 2024Vinn White Named FMCSA’s New Acting Leader
Vinn White, who already leads the Department of Transportation’s artificial intelligence effort, has been named acting leader of the Federal Motor Carrier Safety Administration.
June 26, 2024NTSB Chair Says Norfolk Southern Botched Vent-and-Burn Call
EAST PALESTINE, Ohio — The head of the National Transportation Safety Board said Norfolk Southern tried to interfere with the agency’s investigation into the East Palestine derailment.
June 26, 2024Industries Fearing a Port Strike Urge Biden to Revive Talks
Dozens of U.S. industry associations urged the White House to help restart talks between East and Gulf coast dockworkers and port operators, saying a strike is the last thing the economy needs.
June 26, 2024FedEx’s Strong Profit Forecast Drives Stock Surge
FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year.
June 26, 2024Rivian to Form EV Venture With $5 Billion From Volkswagen
Volkswagen will invest $5 billion to form a joint venture with electric vehicle maker Rivian Automotive, throwing a lifeline to the startup and giving VW access to Rivian's technology.
June 25, 2024GM Hires CEO Whitten for Troubled Cruise Robotaxi Service
General Motors on June 25 named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise.
June 25, 2024Federal Regulators Hear Complaints About Predatory Towing
Trucking companies and towing service operators each got to air their grievances before federal regulators during a June 21 session on predatory towing practices.
June 25, 2024What's That? Bill of Lading (BOL)
From a high level, a bill of lading is a required document to move a freight shipment. The bill of lading is legally binding and provides the driver and the carrier with all the details needed to process and invoice the freight shipment correctly.
June 25, 2024