Tanker boss talks coronavirus fallout, Saudi surge Industry News Tanker boss talks coronavirus fallout, Saudi surge Lois Zabrocky explains how two black swans — the outbreak and oil price war —…Stephanie L. BondMarch 17, 2020
Airlines scale back operations in Australia, New Zealand Industry News Airlines scale back operations in Australia, New Zealand Travel demand has plummeted in Australia and New Zealand, as it has elsewhere, and major…Stephanie L. BondMarch 17, 2020
‘Business as usual’ along Texas-Mexico border Industry News ‘Business as usual’ along Texas-Mexico border The CBP Laredo Field Office oversees U.S. ports of entry along the Mexican border in…Stephanie L. BondMarch 17, 2020
Costco picks up final-mile carrier Innovel Solutions from Transform Holdco Industry News Costco picks up final-mile carrier Innovel Solutions from Transform Holdco It won't be the last opportunistic e-commerce acquisition we see.Stephanie L. BondMarch 17, 2020
Stifel sees decent volumes near term, 2Q in jeopardy Industry News Stifel sees decent volumes near term, 2Q in jeopardy Stifel Financial sees an OK first quarter, but the picture gets less clear after that,…Stephanie L. BondMarch 17, 2020
Relief possible for government freight delayed by COVID-19 Industry News Relief possible for government freight delayed by COVID-19 Carriers subcontracting with feds may have access to delivery extensions.Stephanie L. BondMarch 17, 2020
Coronavirus Freight Market Update: Peak virus and the impact on trucking and economics (with video) Industry News Coronavirus Freight Market Update: Peak virus and the impact on trucking and economics (with video) On today's update, our market experts guide you through the coronavirus' impact on trucking, demand,…Stephanie L. BondMarch 17, 2020
LA businessman guilty in $1 billion biodiesel tax scam Industry News LA businessman guilty in $1 billion biodiesel tax scam Lev Aslan Dermen was convicted on multiple charges involving business connections to brothers Jacob and…Stephanie L. BondMarch 17, 2020
Analyst to tanker stock buyers: ‘Don’t be a hero’ Industry News Analyst to tanker stock buyers: ‘Don’t be a hero’ Crude-tanker rates are skyrocketing, but leading analyst Michael Webber urges caution.Stephanie L. BondMarch 17, 2020
Freight Futures daily curve: 3/17 Industry News Freight Futures daily curve: 3/17 The Trucking Freight Futures markets finished Monday unchanged to mixed, pointing to continued tightening of…Stephanie L. BondMarch 17, 2020