Freight Futures daily curve: 5/4 Industry News Freight Futures daily curve: 5/4 Freight Futures data to watch today: May “spot” month settlement prices Friday marked the first…Gemini Shippers GroupMay 4, 2020
Emerge founder ‘optimistic’ for freight recovery Industry News Emerge founder ‘optimistic’ for freight recovery Leto discusses the benefits of opening the economy sooner rather than later.Gemini Shippers GroupMay 4, 2020
Possible mandated cut in Texas oil production ‘dead,’ chief backer says Industry News Possible mandated cut in Texas oil production ‘dead,’ chief backer says Long-dormant power was seen as a tool to boost pricesGemini Shippers GroupMay 4, 2020
WISTA invites seafarers to connect virtually for free Industry News WISTA invites seafarers to connect virtually for free Some national chapters are offering memberships to those working at sea during the coronavirus pandemic.Gemini Shippers GroupMay 4, 2020
Wabtec anticipates volume recovery later this year Industry News Wabtec anticipates volume recovery later this year Multimillion-dollar backlog will help the rail equipment and locomotive manufacturer stay afloat, executives said.Gemini Shippers GroupMay 4, 2020
FMC urges Congress to aid distressed US box terminals Industry News FMC urges Congress to aid distressed US box terminals U.S. Federal Maritime Commission asks lawmakers to consider “financial bridge” to help container terminals make…Gemini Shippers GroupMay 4, 2020
Air Canada sees long road to recovery after big Q1 loss Industry News Air Canada sees long road to recovery after big Q1 loss Air Canada is trying to navigate the darkest period in aviation history through cost cuts,…Gemini Shippers GroupMay 4, 2020
BNSF’s first-quarter net earnings slip on lower revenues and carload volumes Industry News BNSF’s first-quarter net earnings slip on lower revenues and carload volumes The COVID-19 pandemic dented volume growth in the first quarter for the privately owned railroad.Gemini Shippers GroupMay 4, 2020
Traton urges European government-sponsored swapping of older trucks Industry News Traton urges European government-sponsored swapping of older trucks Volkswagen truck holding company Traton Group urges a Euro-style “cash for clunkers” program to boost…Gemini Shippers GroupMay 4, 2020
Today’s Pickup: Another ELD provider shuts down Industry News Today’s Pickup: Another ELD provider shuts down Continental is shutting down its Roadlog ELD service, as of Aug. 14. Plus, FreightWAVES LIVE@HOME…Gemini Shippers GroupMay 4, 2020