Congressional policymakers formally kicked off negotiations on comprehensive legislation meant to facilitate domestic production of semiconductors and improve the movement of freight at ports.
May 12, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Trucking Continues to See Robust M&A Market
Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.
May 12, 2022New York Appeals Court Dismisses Suit Against Amazon
NEW YORK — An appeals court in New York dismissed New York Attorney General Letitia James’ lawsuit against Amazon over its coronavirus safety protocols and a former employee who led the successful union organizing effort on Staten Island.
May 10, 2022HMM to Continue Deploying More Ships as Port Congestion Persists
HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s exporters struggling to transport goods overseas.
May 10, 2022XPO Reports Record $3.47 Billion in Revenue for Q1
XPO Logistics Inc. reported its highest revenue of any quarter in its history May 9 for the first quarter of 2022.
May 9, 2022Critical Talks to Begin for West Coast Port and Warehouse Workers
Labor Secretary Marty Walsh, seaport officials on the West Coast, International Longshore and Warehouse Union negotiators and leaders with the Pacific Maritime Association are talking optimistically that a long-term contract with workers can be negotiated this summer.
May 9, 2022U.S. Xpress Reports Earnings Loss Despite Revenue Gains
U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.
May 9, 2022Volvo Autonomous Solutions, DHL to Partner on Hub-to-Hub Transport
Volvo Autonomous Solutions announced it will offer a new hub-to-hub autonomous transport solution in North America, designed to serve shippers, carriers, logistics service providers and freight brokers.
May 9, 2022Universal Reports Higher Results in Historic Q1 for Company
Universal Logistics Holdings experienced higher earnings and revenue during a historic first quarter, the company reported May 5.
May 6, 2022China’s Port Lockdowns Threaten Domestic Trucking
China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.
May 5, 2022