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Freight Waves

Layoffs hit BNSF tech staff amid restructuring

BNSF Railway has laid off a portion of its technology services staff as part of a departmental restructuring effort. While BNSF did not disclose specific numbers, the cuts are believed to have affected between 140 and 175 workers. The Fort…

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Peterbilt launches zero-emission vehicles at ACT Expo

Peterbilt launches zero-emission vehicles at ACT Expo (Photo: Thomas Wasson/FreightWaves) ANAHEIM, Calif. – OEM Peterbilt recently announced the release of a broad range of zero-emission vehicles at ACT Expo. These include the-next generation Model 579EV and an all-new Model 576EV,…

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Loose Southern California truck market set to get looser

Carriers in port cities brace for ‘air pocket’ The Los Angeles outbound tender rejection rate is only 2% compared to the national tender rejection rate of 5.4%. (Chart: SONAR) Import volume remained strong in April, as FreightWaves described, with imports…

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Maersk: US-China trade war will swing world container demand

A.P. Moller-Maersk, the world’s second-largest ocean carrier, said global container demand this year hinges on the outcome of U.S.-China trade negotiations. The parent of Maersk (MAERSK-B.CO) on Thursday revised its full-year volume outlook from a decline of 1% to a…

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