News - page 27

Big M&A deals are starting to roll in for the publicly traded truckload carriers. After months of management teams saying they would look to deploy their strengthening balance sheets on accretive acquisitions, the fruit is finally shaking loose from the […]

The U.S. House of Representatives on Thursday passed a highway reauthorization bill that includes a provision to raise trucking insurance liability from $750,000 to $2 million, mandates automatic braking on new trucks and increases scrutiny of truck dispatch services. The Investing in […]

For more than two years, Joe Howard, who works for a Midwestern logistics company, has been tracking an alleged sophisticated network of load-board scammers posing as legitimate companies. He said the elaborate network has created hundreds of fake motor carrier numbers, […]

Egyptian officials and owners of the giant Ever Given vessel that blocked the Suez Canal earlier this year have reached a preliminary deal over compensation, according to the ship’s representatives. “Following extensive discussions with the Suez Canal Authority’s negotiating committee […]

FedEx Freight (NYSE: FDX) is walking back its recent abrupt suspension of service to a portion of its customer base after ruffling feathers of key stakeholders that made known their displeasure, according to communications from the company and logistics industry executives. […]

Another week, another record for container shipping spot rates. And alarmingly for shippers, upward rate momentum is accelerating. Different indexes come up with different numbers, and the premium charges on top of spot rates are now so high that index […]

Imagine you’re sitting at a computer. Perhaps you’re managing a fleet of trucks. Or ships. Or perhaps tendering a load of cargo, or sending customs clearance documentation. And then suddenly, things stop working. Every file has a strange extension. You […]

New data released by the federal Drug & Alcohol Clearinghouse shows Texas topping the list of number of registered truck drivers with a positive drug and/or alcohol test violation but Louisiana ranking highest in violation rates based on number of […]

Never before has the humble ocean shipping container been this important to American business. If you can’t get one, you can’t move your international cargo — and supply has never been tighter. The cost of global trade is now contingent on […]

Expectations around future freight flows continue to grow with each passing week. New records are being posted with no sign of a falloff on the horizon. Stimulus payments are spurring along already robust consumer spending while the need to replenish inventories lingers. […]