The Houston-based startup is run by executives with decades of experience in global logistics, and plans to tackle the oil and gas vertical first.
Options are a key hedging tool, because they can require a far smaller initial outlay for a company to protect itself from wild price swings.
FreightWaves adds agricultural truckload prices and numerous warehousing and real estate data points to SONAR.
Shares of Cummins Inc. (NYSE: CMI) decreased by $0.47 on February 6 after the company missed the consensus expectations of fourth quarter earnings per share (EPS) of $3.81 by 8.6 percent, according to Seeking Alpha. Non-GAAP EPS was only $3.48.
In partnership with Reliance Partners …Fleet safety needs to be looked at as a part of operations and not as an addendum, as initiatives like video safety can help reduce driver turnover and mitigate the impact of litigations that arise due to collisions, both from a cost and a time perspective
FreightWaves adds agricultural truckload prices and numerous warehousing and real estate data points to SONAR.
Access to data has improved market transparency, and recent spikes in volatility make the case that transportation costs must be hedged and de-risked.
Our second look at women in the trucking industry.
Ruckit specializes in trucking management software for the heavy construction and materials marketplace and brings transparency by networking the TMS systems of the stakeholders involved in a hauling process.
Workhound bridges the gap between fleets and drivers by actually listening to what drivers want and translating that into real-time actionable insights for fleets to help them reduce turnover.
Electric vehicle makers can learn from some of the lessons that natural gas developers faced when introducing that fuel source to trucking.
FreightWaves adds violations, fuel spread, and more rail data to SONAR platform
A high-level review of road safety governance has begun in Australia.A lack of road safety carries a terrible toll in lives and injuries in Australia
New truck and trailer purchases currently include a 12 percent federal excise tax, adding tens of thousands of dollars to the purchase price. A new coalition is looking to lobby for the repeal of the tax.
Though semi autonomous trucks would be a reality in a decade, IRU believes that it would not displace drivers from the trucking ecosystem but would only make their jobs more sophisticated.
As of December 16, 2019, anyone running an AOBRD must switch to an ELD. There are steps that can be taken now to ensure the changeover will be painless.
Is 60 degrees hot or cold? Is the freight market hot or cold? The answers to both questions depend on perspective.
Trucks and truckers are baking in the extreme Australian summer heat, which is nudging the 122 F (50 C) in certain parts of the country for days at a time. (Photo: Shutterstock).
In partnership with Reliance Partners …Winter has set in, making it hard for truckers to navigate the snowed-in and slippery roads. Marilena Acevedo from PetroChoice outlines measures that could be taken by the fleet leadership and drivers to stay safe during these times.
FreightWaves is monitoring a number of trends that will impact the freight market in 2019. Digitization will play a key role in these trends as companies seek to optimize their supply chain processes.
