Union Pacific delivered record operating income and revenue despite weaker international intermodal and automotive shipments that hurt overall freight volumes.
Wholesale diesel prices jumped more than 30% last week, while retail diesel prices increased more than 14%. The rapid pace of these changes has potentially negative implications for both shippers and carriers.
Instead of focusing on overall miles per gallon, True Fuel monitors specific driver behaviors that are proven to impact fuel economy.
Positive developments in the hydrogen space glossed over some tough underlying issues like sky-high hydrogen prices.
Media outlet TMZ reported that singer-songwriter Taylor Swift gave each truck driver who worked as part of her Eras Tour a bonus check of $100,000 before her Santa Clara, California, show last Saturday.
