Large Companies Face Limits on Delaying Payments
According to recent working capital research by The Hackett Group, the largest US companies are finding it increasingly difficult to extend payments to suppliers, indicating a potential ceiling on the practice of supplier payment terms optimization.
Ryder's Approach to Ensuring Electric Vehicle Reliability
Ryder, a transportation solutions company, shares insights on its journey of integrating electric vehicles (EVs) into fleets.
Spain's Ambitious Pursuit of Green Hydrogen
Spain is investing billions of euros to produce and distribute green hydrogen, aiming to become Europe's hub for clean energy.
Sheetz Celebrates Fourth of July with Gas Prices Dropping to $1.776 per Gallon
Sheetz, a convenience store chain, has attracted long lines of vehicles at select Pennsylvania locations as customers take advantage of their Fourth of July promotion, offering gas prices at $1.776 per gallon.
AD Ports Group Expands Global Footprint with $720 Million Acquisition of Spanish Logistics Leader
Abu Dhabi-based AD Ports Group has successfully acquired Noatum, a leading provider of integrated logistics services operating in 26 countries worldwide.
China's Metal Export Restrictions Send Ripples Through Chip Sector
The recent announcement by China to impose export curbs on metals used in chipmaking has triggered concerns and evaluations among trade officials.
Bristol Gears Up for 238th Parade: America's Oldest Continuous Fourth of July Celebration
Residents and visitors eagerly lined the streets of Bristol in the early morning to secure a prime spot for the Fourth of July parade.
West Coast Port Workers in Canada Commence Official Strike
The International Longshore & Warehouse Union (ILWU) Canada's Longshore Division has officially begun a strike, impacting West Coast ports in Canada, including Vancouver and Prince Rupert.
Diesel Price Hits New Low as Oil Market Declines
For the 20th time in 22 weeks, the benchmark price of diesel, commonly used for fuel surcharges, has decreased.
Think Tank Urges Government to Implement Policies in Support of Warehouse Automation
A think tank, the Information Technology and Innovation Foundation, has called on policymakers to support the adoption and innovation of robotics in warehouses to enhance labor productivity, worker safety, delivery times, and supply chain resiliency.
Tesla Shares Soar as Price Reductions Drive Surge in Car Deliveries
Shares of Tesla experienced a significant surge on Monday morning following the announcement of a record number of car deliveries in the second quarter.
XPO Logistics Expands Salt Lake City Service Center
XPO Logistics, a prominent freight transportation provider in North America, has completed the expansion of its Salt Lake City service center.
Volvo Cars Partners with Maersk's ECO Delivery Ocean Solution to Cut Greenhouse Gas Footprint
Swedish car manufacturer Volvo Cars have partnered with Maersk to decrease its global greenhouse gas (GHG) emissions from seaborne logistics.
FedEx Freight Braces for Continued Volume and Margin Pressures Through August
FedEx Freight is anticipating continued challenges in volume levels and profit margins in the next quarter, despite implementing cost-cutting measures.
California's AB316 Proposes Driver Requirement for Large Autonomous Vehicles
The California Assembly has passed a bill that would prohibit the testing of autonomous vehicles over 10,000 pounds, and it is now awaiting approval from the state Senate.
Airlines Point Finger at FAA, Buttigieg Responds
Secretary of Transportation Pete Buttigieg responded to criticism regarding flight delays across the country, downplaying his department's responsibility.
Michigan and Daimler Collaborate on the 'Truck Stop of the Future’
Daimler Trucks and the state of Michigan are joining forces to create "The Truck Stop of the Future," a charging hub for commercial electric vehicles (EVs).
Health Hazards and Physical Risks to Consider of Remote Work
The rise of remote work has brought about physical health risks for workers.
High School Trucking Course Empowers Students with Road Skills
Patterson High School's truck driving education program stands out with its innovative approach to teaching students the ways of the road.
The Potential Strain on the U.S. Power Grid Amid the Electric Vehicle Boom
The increasing adoption of electric vehicles (EVs) in the U.S., with over half of new cars expected to be electric by 2030, could strain the nation's electric grid, which is ill-prepared for such a shift from fossil fuel-based power.