News - page 6

The White House said Thursday it had reached a tentative agreement to avoid a potential railway strike that threatened to shut down a crucial vein of the U.S. economy. President Biden said the tentative deal “is an important win for our economy […]

The freight market is a pendulum — and when it swings, it may be the buyers or sellers of capacity that now have the power in rate negotiations. Ever since the summer of 2020, trucking companies have largely held all […]

The benchmark Department of Energy/Energy Information Administration diesel price moved up Monday after a nine-week run of decreases. Compared to recent gains in the price of ultra low sulfur diesel on futures and wholesale markets, the increase of 20.6 cents […]

UPS Inc. disclosed its peak-season surcharge schedule for U.S. residential deliveries, and, as expected, high-volume shippers will get hit the hardest. The surcharges take effect Oct. 30 and run until Jan. 14, UPS (NYSE: UPS) said on Friday. The levies will apply […]

As a shipper, it’s important to know the difference between a freight bill and bill of lading (BOL) for the purposes of effective shipping logistics. They are two terms that are often confused. Not knowing the proper definitions and applications can have […]

FedEx has announced its 2022 peak season surcharges, adding further strain on shippers who have weathered high fuel surcharges and selective carrier capacity this year. Several of the holiday shipping surcharges exceed their prices from last year, including fees for large customers […]

Predicting consumer demand is big business. A robust industry of analysts and algorithms attempts to nail down who will buy how much of something in the most granular manner possible. Similar to someone who can count cards in blackjack, Las […]

The price of diesel fuel dropped for the sixth straight week, as the U.S. average for the trucking industry’s main fuel fell by 13 cents to $5.138 per gallon and declined at least 11 cents in every region of the […]

Federal funds to enhance safety and connectivity across the country’s mobility networks will become available over the next few months to help state agencies make improvements to freight corridors, and also propel adoption of new technologies throughout the transportation landscape. […]

After a slow showing early Monday morning, an estimated 400 owner-operators managed to shut down truck traffic at all three terminals at the Port of Oakland to protest California’s controversial independent contractor law, AB5. By Monday afternoon, the SSA, TraPac […]