News - page 6

In early 2020, a well-known transportation executive was asked by an investor in digital freight broker Convoy Inc. to determine if its model could be sustained in good and not-so-good markets. The executive, who requested anonymity to speak candidly, evaluated […]

The recent collapse of Yellow, one of the largest U.S. trucking companies, has unexpectedly benefited its competitors in the less-than-truckload (LTL) sector. This segment, crucial for combining freight from multiple customers into a single trailer, has seen companies like XPO, […]

The trucking industry plays a pivotal role in the world of logistics, serving as a cornerstone for businesses reliant on efficient deliveries and secure transportation of goods globally. In the United States, trucks surpass ships, trains, and aircraft in cargo […]

The national average price per gallon of diesel gasoline saw its second gain over the last five weeks, for the week of October 23, according to data issued today by the Department of Energy’s Energy Information Administration (EIA). The national […]

The air cargo market is experiencing significant fluctuations, fueled by a range of factors from new product launches to economic uncertainty. Recent data from the Baltic Air Index (BAI) shows a six-month high in spot rates from China to Europe […]

The operational landscape at the U.S.-Mexico border has been thrust into disarray due to an expansion of Texas’ truck inspection program. Initiated by the Texas Department of Public Safety (DPS), these inspections were initially aimed at identifying mechanical violations. However, […]

The ocean freight industry is currently experiencing a tumultuous period that is sending ripples through global trade and affecting economic landscapes from Asia to North America. After enjoying a pandemic-induced surge in business, shipping companies are now bracing for a […]

Major parcel delivery services like United Parcel Service (UPS), FedEx, and the U.S. Postal Service are bucking their usual trend of raising prices during peak seasons. In a surprising move, these carriers are offering various discounts and other cost-saving measures […]

In recent weeks, state-run cargo truck inspections initiated by Texas Governor Greg Abbott have significantly impacted trade flows between the United States and Mexico. Starting on September 20, these additional inspections were introduced as a measure to prevent drug smuggling, […]

As the logistics and transportation industry increasingly digitizes its operations for efficiency, it also exposes itself to a myriad of cybersecurity risks. Recent outages at companies like Estes Express Lines and Norfolk Southern, as well as ongoing legal challenges faced […]