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Freight Rates Set to Rise on Pacific Shipping Frenzy

A China-U.S. deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry goods across the Pacific Ocean.

May 13, 2025

NYC Expands Weigh-in-Motion Program for Trucks

The New York City Department of Transportation will expand a program to fine overweight trucks on major infrastructure.

May 12, 2025

Bain to Buy Nissin Shares to Go Private in $756 Million Deal

Japanese logistics company Nissin said Bain Capital will buy its shares from shareholders for it to go private through a management buyout, in a deal worth about $756 million.

May 12, 2025

Hub Group Reports Steady Q1 Earnings Amid Revenue Slip

Hub Group kept its earnings almost perfectly steady year over year despite revenue declining during the first quarter of 2025, the company reported May 8.

May 9, 2025

Performance of Military Moving Contract Called Into Question

Concerns are mounting that the $17.9 billion military Global Household Goods contract is falling short, notably by transferring large numbers of moves back to the legacy moving program.

May 9, 2025

Tariffs Start to Bite US Farmers and Ag Suppliers

Lack of clarity on how the Trump administration will address much-needed incentives for crop-based fuels in the next few years has added to concerns.

May 9, 2025

China’s Exports to US Sink 21% as Tariffs Hit Global Trade

China’s exports to the U.S. tumbled in April while its trade with other economies surged, suggesting that tariffs are hastening a shakeup in global supply chains.

May 9, 2025

GXO Reports Q1 Revenue Increase to Nearly $3 Billion

GXO Logistics experienced an increase in revenue but a loss in earnings during the first quarter of 2025, the company reported May 8.

May 8, 2025

Trump Hints at Tariff Rollback if China Talks Succeed

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet in Switzerland with Chinese Vice Premier He Lifeng on trade in the coming days.

May 8, 2025