CalAmp Corp., which develops business software designed to track vehicles and improve company logistics, has filed bankruptcy to complete a lender-backed plan to cut debt.
June 3, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Ships Diverted From Red Sea Send Ripple Effects Across Globe
Nearly six months into the Houthis’ relentless campaign to protest Israel’s war in Gaza, the economic fallout is widening.
June 3, 2024US Diesel Demand Hits 26-Year Seasonal Low in March
U.S. diesel demand plummeted to its lowest seasonal level in 26 years in March, driven by slowing economic growth.
May 31, 2024Ohio Coordinates ‘Super Load’ Cargo Movements on Trucks
Ohio transportation officials are coordinating the movements of several trucks carrying “super loads” of cargo weighing up to 900,000 pounds.
May 31, 2024EV Maker Lucid Chops Hundreds of Jobs Amid Red Ink
NEWARK, Calif. — Lucid Group has revealed its plans to slash hundreds of jobs, part of a reorganization that the maker of electric vehicles hopes will help position it for “future success.”
May 31, 2024Inflation Gauge Rises at Slowest Pace This Year
WASHINGTON — A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year.
May 31, 2024OPEC+ Works on Output Cut Accord That May Stretch Into 2025
OPEC+ is pressing on with informal talks aimed at finalizing an agreement on oil output cuts this weekend, officials said.
May 30, 2024House T&I Takes Up WRDA in June
WASHINGTON — A policy update to the country’s network of waterways is on the upcoming schedule for the U.S. House of Representatives’ transportation panel.
May 30, 2024Nebraska Leads State Groups in EPA, CARB Emissions Lawsuits
Nebraska is leading two state coalitions suing California and the U.S. Environmental Protection Agency over their individual emissions rules.
May 30, 2024Senators Introduce Supply Chain Bill
Legislation that would establish a supply chain resiliency program at the Department of Commerce was recently unveiled in the Senate.
May 30, 2024