The trucking industry is facing merger and acquisition headwinds amid declining freight demand and rising interest rates, but deal buzz remains, experts said.
July 20, 2023Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Container Volumes Down Year-Over-Year in June
Container volume was lower in June when measured against year-ago levels at ocean cargo facilities on the West and East Coasts, but some signs of improvement can be seen.
July 20, 2023UPS, Teamsters Agree to Resume Talks July 25
UPS Inc. and its union will resume labor talks July 25 after negotiations had stalled earlier this month as the company seeks to head off a strike that could occur as early as Aug. 1.
July 19, 2023FMCSA Embarks on New Effort to Catch Fraudulent Movers
The Federal Motor Carrier Safety Administration this spring conducted more than 100 investigations into household goods moving fraud, and is proceeding with 60 enforcement actions.
July 19, 2023J.B. Hunt Reports Year-Over-Year Declines for Q2
J.B. Hunt Transport Services experienced a year-over-year decline in earnings and revenue during the second quarter, the company reported July 18.
July 19, 2023Now Canada Dockworkers Won't Go Back on Strike After All
Workers at Canada’s west coast ports withdrew plans to go back on strike, hours after threatening to restart a disruption that would have paralyzed the country’s busiest maritime hub.
July 19, 2023XPO Bolsters Capacity With Expansion in Georgia
XPO has completed the expansion of one of its service centers near Atlanta in an effort to grow capacity in the area, the company announced July 13.
July 18, 2023June Truck Tonnage Ticks Down 0.8% on Annual Basis
Truck tonnage in June slipped 0.8% when measured against the same month in 2022, the fourth straight year-over-year decline, according to American Trucking Associations.
July 18, 2023Love’s Musket Corp. Opens First DEF Terminal in Alabama
Love’s Family of Companies announced July 12 that its trading and logistics arm, Musket Corp., has opened its first diesel exhaust fluid terminal in Alabama.
July 17, 2023Midwest Rivers’ Falling Water Levels Raise Shipping Concerns
Water levels on the Mississippi and Ohio rivers are falling for a second straight year, raising the prospect of shipping problems along the all-important U.S. freight routes.
July 14, 2023